Financial Services

National Mortgage Lender and Servicer, NewRez LLC, Enters Jacksonville Market

After opening a service center in Jacksonville in March, national mortgage lending and servicing organization, NewRez LLC, announced plans to expand their footprint, making the city one of their enterprise core locations.  The company will hire an additional 100 jobs in Jacksonville, more than doubling the existing operations, including positions in mortgage sales, loan processing, underwriting, and collections. Corporate support functions will also be needed in recruiting, training and information technology. There is potential for adding even more than the initial 100 positions.

The company’s existing Jacksonville office was part of an asset acquisition of mortgage lender, Ditech. After recognizing the benefits of doing business in the region, NewRez’s senior leadership opted to make Jacksonville their fourth service center and bring on 90 former Ditech employees rather than consolidating work functions into other corporate offices.

“Jacksonville has been a true partner in our ability to attract world-class talent,” says Baron Silverstein, President NewRez LLC.

Jacksonville Mayor Lenny Curry added, “Jacksonville’s stature as a hub for financial services is increasing, and the company’s decision to fill 100 new positions and make our city an enterprise core location is indicative of that. I look forward to even further growth in this important industry in the years ahead.”

The Jacksonville region is quickly growing its financial services industry, with 1,200 new financial services jobs announced in the last year.