NewRez makes insane profit by buying the loans from the trusts at paid-down (amortized, in my case $170K) balances and foreclose at the declared default balance: balance at default + …

PHH/NewRez Mortgage is not helping anyone. They are giving the standard you can skip paying for 3 months but the 4th month all missed months become due. So basically aren't helping. As …

Once you enter into loss mitigation with a bank on your mortgage the chances of getting a modification are very slim. Especially if you recently bought a home at the high inflated prices. …

NewRez, a subsidiary of Rithm Capital Corp. has been acquiring subprime servicers (Shellpoint, Ditech, etc... on their website),. For a subprime trust like mine, It bought remaining bonds in …

BOfA, NewRez, PHH, and BONY all joined in their MOD asserting claim preclusion, issue preclusion, and statute of limitations. It looks like corporate America bands together throwing …

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Nov 4, 2021 · Mortgage servicing rights owners like NewRez are the equiv. to junk debt buyers, and the original credit card companies (Chase, Capital One, etc...) are the equiv. to subprime …

NewRez bought debts from Ditech for 2 pennies on the dollar (paid 1.2B for 62B UPB, search NewRez acquire Ditech news), now they are (through Shellpoint, NewRez bought Shellpoint …

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Of course, would just love to get it off of the title report. We did file bankruptcy in 2012 but didn't include the house. Have been current on the first mortgage and have a decent amount of …