Tag: NewRez
Caliber Home Loans Lays Off 300+ LOs And Senior Managers
Caliber Home Loans Lay Offs Last Week Affected 300+ Loan Officers And Senior Managers Rithm Capital, the new owners of Caliber Home Loans, issued pink slips to 300+ employees earlier this week. The company claimed that soaring mortgage interest rates and lower origination volumes were the reason. The lender has made at least four rounds…
Newrez Launches 40-Year Mortgage Programs
Newrez Launches 40-Year Mortgage Program To Try To Halt It’s Free Falling Origination Numbers Lenders are getting creative when it comes to stop their declining origination numbers and Newrez is no different. Several lenders have begun offering 40-year mortgages in an effort to stop their declining origination numbers. Now, Newrez is joining them in offering…