newrez myloancare

Is Newrez and LoanCare the same company?

Newrez partners with LoanCare, LLC for loan servicing. If you are a LoanCare, LLC customer, please Log into your Customer Portal. Newrez also partners with PHH Mortgage Services for loan servicing.

Who took over Newrez mortgage?

Coast One Mortgage will operate under the leadership of Marty Garrity, who will transition from his current role as a Newrez regional sales manager to joint venture president upon launch.

How do I pay on Newrez?

To make a fee payment, call 866-317-2347 and ask to speak with one of our representatives.

Who took over LoanCare?

LoanCare is TIAA Bank's subservicing partner and is not a debt collection agency. TIAA Bank has partnered with LoanCare to service all of our residential mortgage loans on our behalf.

Why is my mortgage keep getting sold?

Why lenders sell or transfer mortgages. Many lenders specialize in originating the loan, but often, the initial lender can't afford to wait for 15 or 30 years for you to pay it all back. By selling it, they no longer have to keep your debt on their books, and they can offer loans to other prospective homeowners.

Can I pay my mortgage online?

1. How to pay your mortgage with online banking. The easiest option for most homeowners is to pay for their mortgage through either their bank or mortgage lender or servicer's website.

How do you know if your mortgage company sold your loan?

If your mortgage loan has been sold you will receive proof from both your old and new lender. Your new lender will send you a loan ownership transfer notice within 15 days of the effective date of transfer. This notice will include personal information such as your name, address and contact information.

What was NewRez called before?

New Residential Investment Corp

Plymouth Meeting, PA — Effective today, national mortgage lender New Penn Financial, LLC has changed its name to Newrez LLC (Newrez). Founded in 2008, the company was acquired by New Residential Investment Corp.