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Feb 04, 2022

Fort Washington, PA — Newrez LLC (“Newrez”) and Caliber Home Loans (“Caliber”), both national mortgage lending and servicing organizations, announced today several leadership changes effective immediately.

Jordan Licht is appointed Chief Operating Officer for both Newrez and Caliber. In this role, Mr. Licht will drive technology, operations, servicing, and data and analytics, and oversee all aspects of daily operations. Mr. Licht joined Caliber in 2017 where he held several executive management roles across production and finance.

Shane Ross is appointed Head of Servicing for both the Newrez and Caliber platforms. Mr. Ross previously served as President of Servicing at Shellpoint Mortgage Servicing, a division of the Company.

“The expanded leadership roles of Jordan and Shane mark a meaningful next chapter in the unification of efforts across the Newrez and Caliber organizations,” said Michael Nierenberg, Chairman, Chief Executive Officer and President of New Residential Investment Corp. “Their collective leadership will be transformational to each organization and together, our mortgage origination process and servicing portfolio will set a new curve for the industry.”

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About Caliber

Caliber is a proven leader in the U.S. mortgage market with a diversified, customer-centric, purchase-focused platform with headquarters in Coppell, Texas. Caliber is an approved Seller/Servicer for both Fannie Mae and Freddie Mac, an approved issuer for Ginnie Mae and is an approved servicer for FHA, VA and the USDA. Caliber carries multiple servicer ratings from Standard & Poor's, Moody's, Fitch and DBRS. Caliber is headquartered in Coppell, Texas and is a member of the New Residential Investment Corp. family.

The information contained on, or accessible through, any websites included in this press release is not incorporated by reference into, and should not be considered a part of, this press release.

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