Newrez Continues Commitment to Sustainability, Partners with One Tree Planted® to Plant 10,000 Trees | News

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FORT WASHINGTON, Pa.–(BUSINESS WIRE)–Aug. April 2023–

In honor of Earth Day, Newrez LLC (“Newrez”, the “Company”), a national mortgage origination and services organization, announced its continued partnership with One Tree Planted®, a non-profit organization dedicated to global reforestation. This is the third consecutive year that Newrez has partnered with One Tree Planted®, which has resulted in the planting of 30,000 trees and the donation of $30,000 to promote sustainability in the mortgage industry.

Through this partnership, Newrez has committed to planting at least one tree for each customer that will go paperless during the month of April 2023. This initiative not only helps offset the company’s carbon footprint, but also helps restore forests and ecosystems that have already been destroyed by wildfire, deforestation, and other natural disasters.

“Newrez is proud to continue our partnership with One Tree Planted® to support reforestation efforts and promote sustainability in the mortgage industry,” said Baron Silverstein, President of Newrez. “We recognize our responsibility to reduce our environmental impact and we’re excited that we can engage our customers to take meaningful action to join us in supporting a healthier planet for future generations.”

The mission of One Tree Planted® is to make it easier for individuals and businesses to give back to the environment, fight climate change, and support reforestation efforts around the world. The organization works with partners in North America, South America, Asia and Africa to plant trees and restore forests to help improve air and water quality, biodiversity and mitigate climate change.

“We are excited to partner with Newrez for the third year in a row to plant trees and advance sustainability in the mortgage industry,” said Matt Hill, Founder and Chief Environmental Evangelist at One Tree Planted®. “By working together, we can make a meaningful contribution to restoring forests and mitigating climate change, and we hope to inspire other companies to follow our example.”

Newrez’s partnership with One Tree Planted® is part of the company’s broader sustainability initiatives, which include reducing energy use, minimizing waste and promoting environmentally responsible practices throughout its operations. Through these efforts, Newrez is committed to being a responsible corporate citizen and supporting a more sustainable future.

To learn more about Newrez’s commitment to investing in the health, vibrancy and sustainability of our communities through charitable contributions, outreach and participation, visit: https://www.newrez.com/newreznow/.

About Newrez

Newrez is a leading mortgage company that combines mortgage underwriting and servicing to deliver a customer-centric journey, helping our customers make wise moves throughout the life of their mortgage loans. The company differentiates itself through its lending platform, offering customers unparalleled lending options to purchase and refinance. The Services business services loans on behalf of Newrez clients and includes the Shellpoint Mortgage Servicing service brand. Founded in 2008, Newrez is headquartered in Fort Washington, Pennsylvania.

© 2023 Newrez LLC, 1100 Virginia Dr., Ste. 125, Fort Washington, PA 19034. 1-888-673-5521. NMLS #3013 (www.nmlsconsumeraccess.org). Doing business as Newrez Mortgage LLC in the State of Texas. Alaska Mortgage Licensing License #AK3013. Arizona Mortgage Banker License #919777. Licensed by the Department of Financial Protection & Innovation under the California Residential Mortgage Lending Act. Loans granted or arranged pursuant to a license under the California Finance Lenders Law. Massachusetts Lender #ML-3013. Licensed by the NJ Department of Banking and Insurance. Licensed Mortgage Banker-NYS Banking Department. Additional licenses available at www.newrez.com.

About One Tree Planted®

One Tree Planted® is a 501(c)(3) non-profit organization with a mission to make it easy for anyone to help the environment by planting trees. Their projects span the globe and are carried out in partnership with local communities and knowledgeable experts to make an impact on nature, people and wildlife. Reforestation helps rebuild forests after fires and floods, creates jobs for social impact, and restores biodiversity. Many projects have overlapping objectives, creating a combination of benefits that contribute to the United Nations Sustainable Development Goals. Learn more at onetreeplanted.org. One Tree Planted® is a registered trademark of One Tree Planted Inc. and is not affiliated with Newrez.

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CONTACT: PUBLIC RELATIONS:

Christian Wilson

PublicRelations@Newrez.com

KEYWORD: PENNSYLVANIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKS PROFESSIONAL SERVICES PHILANTHROY OTHER NATURAL RESOURCES SUSTAINABILITY RESIDENTIAL & REAL ESTATE NATURAL RESOURCES COMMERCIAL & REAL ESTATE CONSTRUCTION & REAL ESTATE ENVIRONMENT REIT FINANCE FOUNDATION

SOURCE: Newrez LLC

Copyright Business Wire 2023.

PUB: 4/21/2023 6:30 PM / DISC: 4/21/2023 6:31 PM

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