October 21, 2021
Modern, open space with abundant natural light will help facilitate growth, foster collaboration, and improve efficiency; provides ample parking and easy access to I-10.
HOUSTON, Texas — The Houston office of Shellpoint Mortgage Servicing, a division of Newrez LLC (“Shellpoint,” the “Company”), will complete a move in Q4-2021 to 61,000 square feet of leased, Class-A space at 17000 Katy Freeway. The Company’s new office will be in Park Ten Office Park, part of Houston’s famed “Energy Corridor,” an optimal location for America’s fifth-largest non-bank residential mortgage servicer to continue its growth.
“After nine years on Dairy Ashford Road, we’ve decided to relocate to help facilitate our growth in the Houston area,” said Shane Ross, President of Shellpoint. “Our new building offers flexible, open floorplans which will help us be more collaborative and efficient. We also like its easy access to I-10, ample parking, and great visibility.”
Ross observed, “Our new location also features great employee amenities, such as on-site dining, market spaces, and a lounge. While many of our employees still work remotely due to the COVID-19 pandemic, we’re confident that they’ll love their new workspace when they return to the office.”
Michael Keaton, Shellpoint’s Chief Servicing Officer, said that nearly 600 of Shellpoint’s 2,200 employees are based out of the Company’s Houston office. He noted that the new Katy Freeway facility is more centrally located for most Shellpoint employees.
Shellpoint will occupy the entire top (third) floor of the building. The Newrez name and logo will be displayed on the building in prominent, colorful signage.
About Shellpoint Mortgage Servicing
Shellpoint is one of America’s largest non-bank loan servicers, with nearly 1.7 million residential mortgage loans under management. The Company is licensed to service mortgages in all 50 states, and has offices across the country, including Greenville, South Carolina; Houston, Texas; Tempe, Arizona; and Jacksonville, Florida. Shellpoint’s clients include leading banks, loan originators, and real estate investment trusts (REITs). The Company’s ongoing success is grounded in its ability to deliver superior asset performance and to develop creative and practical solutions for homeowners in need. Shellpoint is proud to be a division of Newrez LLC (“Newrez”). Newrez is owned by New Residential Investment Corp. (NYSE: NRZ), a publicly traded REIT that invests in and actively manages residential real estate investments.
Newrez is a leading mortgage company that combines mortgage origination and servicing to provide a customer-first journey and help our customers make smart moves throughout the lifetime of their mortgage loans. Differentiated by its origination platform, the Company provides customers with unparalleled lending options to purchase and refinance. Its servicing business services loans on behalf of Newrez customers and includes third-party servicing brand, Shellpoint Mortgage Servicing. Founded in 2008, Newrez is headquartered in Fort Washington, Pennsylvania, and is a member of the New Residential Investment Corp. family.
Senior Business Communications Manager
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