Baron Silverstein is the President of Newrez, where under his leadership, the company has ascended to its current standing as the 4th largest lender and 3rd largest servicer in the U.S. With over 30 years in the mortgage industry, Silverstein has guided Newrez through strategic acquisitions and platform integrations, ultimately quadrupling its market share to serve over 4 million customers. His ability to innovate and lead has established Newrez as a trusted partner to financial institutions and clients alike.
Silverstein took on the role of President at Newrez LLC in May 2020, bringing his extensive experience from senior leadership roles at Bear Stearns, JP Morgan Chase, Merrill Lynch, and Bank of America Securities. At Newrez, he oversees a broad and balanced platform across originations and servicing businesses, ensuring consistent performance and enhanced client experiences.
Under Silverstein’s leadership, Newrez has embarked on several key initiatives. These include the acquisition of Specialized Loan Servicing LLC, adding significant UPB to the portfolio, and launching Rezi AI, a cutting-edge platform revolutionizing customer support operations. With Rezi AI, Newrez has seen breakthroughs in digital inquiry resolutions and operational efficiencies.
Silverstein’s thought leadership extends beyond Newrez. As a member of the Housing Policy Council, he actively contributes to shaping industry standards and promoting collaborative solutions. His involvement with Brothers for Life highlights his dedication to community engagement and support. Silverstein’s vision and commitment create impact both within Newrez and across the mortgage industry.
What’s the best piece of advice you’ve ever received?
Passion drives excellence. I’ve been fortunate to build a career in an industry that empowers people to achieve the dream of homeownership. Helping others find a place to call home is deeply meaningful work, and I’m proud to contribute to our industry and communities.
Name:
Baron Silverstein
Title:
President
Company Name:
Newrez
