The office building at 6200 S. Quebec St. in Greenwood Village. (Google Maps)
A mortgage lender is laying off staff in Greenwood Village after closing an acquisition.
Pennsylvania-based Newrez notified the state last week that it’s laying off 103 employees based in an office at 6200 S. Quebec St.
The letter did not provide a reason for the layoffs, which go into effect July 1. Newrez did not respond to requests for comment from BusinessDen.
It appears the laid-off employees worked up until April for Specialized Loan Servicing LLC (SLS), a mortgage servicer and subsidiary of Computershare Mortgage Service Inc.
Rithm, the parent company of Newrez, acquired Computershare and SLS for $720 million on May 1 and merged the companies with Newrez, according to a press release. The deal was announced in October.
A list of job titles provided by the company shows the affected employees held a variety of positions, such as senior credit risk analyst, global head of marketing, head of audit loan services and project manager.
Greenwood Village employees aren’t the only ones affected. Newrez is also laying off 53 employees in Florida, according to a separate layoff notice filed with that state.
Rithm, a publicly traded real estate investment firm, owns a handful of companies, some of which Newrez manages.
Newrez notified the state in an effort to comply with the federal Work Adjustment and Retraining Notification Act, which requires employers to provide advance notice of plant closures and significant layoffs.
Other companies that have notified the state of layoffs this year included San Francisco-based background check company Checkr, UK-based manufacturer IMI Norgen, Fort Collins-based BillGO and Dish Network.
The office building at 6200 S. Quebec St. in Greenwood Village. (Google Maps)
A mortgage lender is laying off staff in Greenwood Village after closing an acquisition.
Pennsylvania-based Newrez notified the state last week that it’s laying off 103 employees based in an office at 6200 S. Quebec St.
The letter did not provide a reason for the layoffs, which go into effect July 1. Newrez did not respond to requests for comment from BusinessDen.
It appears the laid-off employees worked up until April for Specialized Loan Servicing LLC (SLS), a mortgage servicer and subsidiary of Computershare Mortgage Service Inc.
Rithm, the parent company of Newrez, acquired Computershare and SLS for $720 million on May 1 and merged the companies with Newrez, according to a press release. The deal was announced in October.
A list of job titles provided by the company shows the affected employees held a variety of positions, such as senior credit risk analyst, global head of marketing, head of audit loan services and project manager.
Greenwood Village employees aren’t the only ones affected. Newrez is also laying off 53 employees in Florida, according to a separate layoff notice filed with that state.
Rithm, a publicly traded real estate investment firm, owns a handful of companies, some of which Newrez manages.
Newrez notified the state in an effort to comply with the federal Work Adjustment and Retraining Notification Act, which requires employers to provide advance notice of plant closures and significant layoffs.
Other companies that have notified the state of layoffs this year included San Francisco-based background check company Checkr, UK-based manufacturer IMI Norgen, Fort Collins-based BillGO and Dish Network.
