Newrez Revenue, Growth & Competitor Profile

DBA NEW PENN FINANCIAL, LLC
DBA SHELLPOINT MORTAGE SERVICING

Company Profile & Annual Report for Newrez

Access the complete profile.

Newrez Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	5242 Insurance Agencies & Brokerages
Additional NAICS Codes	5223 Credit Intermediation
Address	1100 Virginia Dr Suite 125 Fort Washington, PA 19034

Note: Revenues for privately held companies are statistical evaluations.


Newrez's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Newrez's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Newrez is classified as operating in the Insurance Agencies & Brokerages industry, NAICS Code 5242.

Newrez Annual Revenue and Growth Rate

Newrez	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Newrez's revenues are gauged from an analysis of company filings.

Newrez's Income Statement (based on Industry Averages)

Newrez P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that Newrez is developing and marketing. Newrez's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
3-STEP RENO Real estate mortgage banking and lending services; refinancing of home mortgages; loan origination and financing; facilitating loan application processes, namely, arranging and financing of loans; loan origination and financing via a global communications network	05/22/2023
NEWREZ SMART MOVE REAL ESTATE MORTGAGE BANKING AND LENDING SERVICES; REFINANCING OF HOME MORTGAGES; LOAN ORIGINATION AND FINANCING	12/17/2020
SMART MOVE REAL ESTATE MORTGAGE BANKING AND LENDING SERVICES; REFINANCING OF HOME MORTGAGES; LOAN ORIGINATION AND FINANCING	12/17/2020

See all trademarks and details in the Full Report.

Market Share of Newrez's Largest Competitors

A competitive analysis shows these companies are in the same general field as Newrez, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
SAGEWELL HEALTHCARE BENEFITS TRUST	Pittsburgh, PA	100
GOVERNMENT EMPLOYEES HEALTH ASSOCIATION	Lees Summit, MO	85
CIGNA GROUP	Bloomfield, CT	40
AMI BENEFIT PLAN ADMINISTRATORS	Youngstown, OH	18
SPECIAL AGENTS MUTUAL BENEFIT ASSOCIATION	Rockville, MD	16
PROGRESSIVE CASUALTY INSURANCE	Mayfield Village, OH	12
LOS ANGELES CITY EMPLOYEES ASSN.	Los Angeles, CA	10
AON CONSULTING	Lincolnshire, IL	9
LIBERTY MUTUAL INSURANCE	Boston, MA	8

Nearby Competitors

These companies are similar in business line and location to Newrez. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
NEWREZ	Fort Washington, PA	100
PATRIOT GROWTH INSURANCE SERVICES	Fort Washington, PA	99
MAGUIRE INSURANCE AGENCY	Bala Cynwyd, PA	78
UNITED STATES LIABILITY INSURANCE	Wayne, PA	58
GENEX SERVICES	Wayne, PA	34
COVENTRY RESOURCES	Fort Washington, PA	9

Future Competition: Newrez's Fastest Growing Competitors

These companies are in the same general field as Newrez and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)