Question · Q4 2024
Matthew Order of JonesTrading Institutional Services LLC asked how Newrez plans to continue driving market share growth in the increasingly competitive non-QM and home equity lending spaces.
Answer
Baron Silverstein, President of Newrez, detailed a strategy focused on investment in its team, technology, and brand. He highlighted the significant opportunity in serving their existing 3.7 million homeowners, which is the primary focus for maximizing recapture and retention before pursuing broader new customer acquisition.
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