Newrez and Shelter Mortgage Announce New Joint Venture Lender Carnegie Mortgage Partners

FORT WASHINGTON, Pa.–(BUSINESS WIRE)–Newrez LLC (“Newrez”, the “Company”), a national mortgage lending and servicing organization, today announced the formation of its newest joint venture mortgage company, Carnegie Mortgage Partners, LLC ( “Carnegie Mortgage Partners”), in partnership with Keller Williams Bergen County Partners.

“The alliance with Newrez, one of the nation’s leading mortgage lenders and loan servicers, will allow Carnegie Mortgage Partners to improve the customer experience in monumental ways,” said Mike Blasius, future president of Carnegie Mortgage Partners. “Joining forces with Keller Williams Bergen County Partners offers tremendous growth potential and I look forward to building a team to rapidly scale the business and realize that growth.

Specializing in home purchase mortgages, Carnegie Mortgage Partners is headquartered in Oradell, New Jersey, and will focus on serving borrowers statewide.

“We are thrilled to partner with Newrez as their vision, and more importantly, their values ​​are a perfect match with ours,” said Al Donohue, COO of Bergen County Partners. “We believe that integrating mortgage operations will allow us to provide a one-stop shop that will provide an enhanced experience for our agents and their clients. »

The launch of Carnegie Mortgage Partners marks a significant milestone for Newrez, making its 20e joint venture partnership under the portfolio of Newrez Ventures LLC, formerly known as Shelter Mortgage, the business division of Newrez focused on joint venture lending.

“Carnegie Mortgage Partners’ unwavering commitment to continued growth and exceeding client expectations aligns perfectly with the Newrez way,” said Randy Vanden Houten, Senior Vice President of Joint Ventures and Retail Lending at Newrez. “We look forward to working with such a strong and experienced partner.

For more information on the Newrez Ventures LLC joint venture platform, please contact [email protected] or visit newrez.com.

About Newrez

Newrez is a leading mortgage company that combines mortgage origination and service to deliver a customer-first journey and help our customers take smart action throughout the life of their mortgages. Differentiated by its origination platform, the Company offers its clients unparalleled lending options to purchase and refinance. Its business services service on behalf of Newrez clients and includes a third-party service brand, Shellpoint Mortgage Servicing. Founded in 2008, Newrez is headquartered in Fort Washington, Pennsylvania and is a member of the Rithm Capital Corp family.

About Newrez Ventures LLC

Newrez Ventures LLC is a leading retail residential mortgage originator, primarily focused on conforming purchase money loans generated through relationships with real estate agents, builders and relocation companies. Founded in 1984 as a subsidiary of a community bank, Newrez Ventures LLC joined the Newrez family of companies in 2014. The company has loan officers across the country with joint venture and partnership relationships in more than 30 states. Newrez Ventures LLC has built a strong platform through its differentiated partnership-based origination model, focus on origination of buyout funds, and compliance-driven culture.

About Keller Williams Bergen County Partners

Headquartered in Bergen County with key offices located in Ridgewood, Woodcliff Lake, Tenafly, Fort Lee and Rutherford, Keller Williams Bergen County Partners is a real estate company whose primary goal is to improve people’s lives. Rooted in the core values ​​of learning, servant leadership and teamwork, BCP is a group of Top KW real estate offices that operate as one big family/team united in pursuit of this mission. With gross sales of over $3 billion in 2021, BCP continues to succeed through its commitment to its values.

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