Press release

NewRez Correspondent Lending Division Launches Integration with Ellie Mae’s Encompass Investor Connect™

Sponsored by Businesswire

National mortgage lender NewRez (formerly New Penn Financial) announced
today the integration of Ellie Mae’s Encompass Investor ConnectTM,
an innovative solution which streamlines workflows between lenders and
correspondent investors.

Encompass Investor Connect establishes secure system-to-system
workflows, ensuring the delivery of accurate and complete loan packages
between lenders and correspondent investors. This digital solution
accelerates purchase times and enhances efficiency.

“We’re excited to add Encompass Investor Connectinto our
digital mortgage toolkit,” said Lisa Schreiber, Senior Vice President of
Correspondent Lending at NewRez. “The implementation of this solution
will enable us to improve transparency and collaboration between the
sales and operations teams at NewRez and our clients.”

NewRez is committed to creating a seamless digital mortgage experience,
focused on providing easily accessible point of sales tools that allow
for more accurate, timely responses. The integration with Encompass
Investor Connectis just one of the ways in which NewRez is
distinguishing itself from other lenders.

Schreiber looks forward to the future with Encompass Investor Connect,
noting that it will “greatly improve the time it takes to purchase
loans, reducing conditions on deliveries and ultimately supporting our
unbeatable customer experience.”

To contact a Sales Representative or to learn more, visit

About NewRez

NewRez LLC (NewRez), formerly New Penn Financial, LLC, is a leading
nationwide lender that focuses on offering a breadth of industry-leading
products, supported by a loan process that blends both human interaction
and the benefits of technology into an unparalleled customer experience.
Founded in 2008 and licensed to lend in 49 states, NewRez is
headquartered in Plymouth Meeting, Pennsylvania and operates multiple
lending channels, including Wholesale, Correspondent Lending,
Direct-to-Consumer, Retail, and a network of Joint Venture partners.
NewRez is a Shellpoint Partners company and a member of the New
Residential Investment Corp. family. More information is available at