1. If you are not satisfied with any aspect of the servicing of your account, please contact our Customer Service Department at (800) 210-8849. 2. If you remain unsatisfied with your response from our Customer Service Department, please contact an escalation specialist at (855) 703-3662.
One may also ask, are NewRez and PHH the same company?
New Residential Investment Corporation has reached an agreement with Ocwen Financial Corporation to transfer the subservicing of agency loans currently subserviced by PHH Mortgage Corporation, a subsidiary of Ocwen, to its NewRez LLC subsidiary.
Moreover, does it matter if you pay your mortgage on the 1st or 15th?
Well, mortgage payments are generally due on the first of the month, every month, until the loan reaches maturity, or until you sell the property. So it doesn’t actually matter when your mortgage funds – if you close on the 5th of the month or the 15th, the pesky mortgage is still due on the first.
How do I contact Newrez?
888-673-5521 | Contact Us | Newrez.
Make a one-time payment anytime by phone at 1-800-449-8767 – it’s quick and easy!
Out of Business:
According to information in BBB files, this company is no longer in business.
PHH Mortgage is a mortgage banker and third-party debt collection agency based in Mount Laurel, New Jersey. Founded in 1977, PHH Mortgage recently merged with Ocwen, taking on customers of Homeward Residential in the process, and is not accredited by the Better Business Bureau.
PHH Mortgage is a non-bank lender that has been providing mortgages since 1984. Today, PHH Mortgage is a subsidiary of Ocwen Financial Corp, which acquired the lender’s parent company in 2018. PHH Mortgage provides a variety of mortgage options, including conventional, FHA and VA loans and refinancing.
NEW YORK–(BUSINESS WIRE)– New Residential Investment Corp. … As part of this agreement, PHH will transfer the subservicing of approximately $41.8 billion unpaid principal balance (“UPB”) of agency MSRs, representing approximately 310,000 loans, to NewRez LLC, a subsidiary of New Residential.
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On October 4, 2018 Ocwen Financial completed its acquisition of PHH Corporation and PHH is now a wholly owned subsidiary of Ocwen Financial Corp.
Both Ocwen and PHH have come under legal fire in recent years, after a 2017 cease-and-desist order prohibited the acquisition of new mortgage servicing rights and the origination of mortgage loans by subsidiary Ocwen Loan Servicing until the company was “able to prove it can appropriately manage its consumer mortgage …