Newrez, a large mortgage lender based in Pennsylvania, informed the state on Monday that it will fire another 271 workers in Colorado beyond the 103 it said it would dismiss in early May.
“Newrez LLC will be conducting a reduction in force at its Greenwood Village, CO facility located at 6200 S Quebec Street … on August 2, 2024. This mass layoff is expected to be permanent,” Donnie Gravley, a senior director of human resource operations at the company informed the Colorado Department of Labor and Employment in a Worker Adjustment and Retraining Notification letter.
But this round of reductions appears more tied to an acquisition that Newrez’s owner, Rithm Capital Corp., announced last October. Rithm,That purchase of Computershare’s loan servicing arm included Specialized Loan Servicing, a Colorado-based company that John Beggins founded in 2003. Specialized Loan Servicing, which collects payments from borrowers and handles delinquencies and foreclosures, was merged into Newrez and renamed Shellpoint.
with more than $1 million in civil money penalties and restitution orders tied to alleged violations of the Real Estate Settlement Procedures Act. Christian Wilson, a spokesman with Newrez, did not respond to an interview request asking how many Newrez workers would remain in Greenwood Village after the most recent layoffs are completed in August.Keeler: As Rockies’ Kris Bryant heads back to injured list, fans are ready to move on: “He can’t handle the game anymore”
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