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Announcement 2025-065 Closed End Second Product Expansion and Updates

Announcement 2025-065 Closed End Second Product Expansion and Updates

Announcement 2025-065 Closed End Second Product Expansion and Updates

Newrez LLC "Newrez" Approved Correspondent Clients; effective with applications on or after September 25, 2025.

 

Newrez is excited to announce an expansion of the Closed End Second Program to include the state of Texas. CES loans secured by subject properties in Texas are designated as Texas 50(a)(6) transactions and include eligibility restrictions that have been added to the product summary and guidelines. To view complete announcement, click here.