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Newrez Turns Servicing Data Into Repeat Business For Brokers
Mortgage servicer Newrez is using data from its loan servicing operations to generate repeat business for mortgage brokers. The company is leveraging insights on existing borrowers to help brokers identify new origination opportunities, according to National Mortgage Professional. The approach reflects a broader push among servicers to make servicing portfolios a source of future lending volume rather than just a back-office function.
Why now: Lenders and brokers are looking for new origination sources amid a slow mortgage market, making servicing data a timely topic.
NewrezNational Mortgage Professional
Evidence
- Newrez Turns Servicing Data Into Repeat Business For Brokers · National Mortgage Professional
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