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Newrez LLC in Delaware

HMDA record for properties in Delaware, calendar year 2024. National record · Delaware overview

LEI 549300FNXYY540N23N64
Reporting agency Department of Housing and Urban Development
State Delaware

HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.

In Delaware, Newrez LLC reported 866 applications and 334 originations for 2024, $94m in all.

Its denial rate in the state was 32.1%, above the Delaware rate of 25.4% across all lenders and compared with the lender's national rate of 35.0%.

The median rate spread on its Delaware originations was 0.5 percentage points (state median 0.4).

Applications in the state were up 60% on 2023.

866applications in DE, 20240.6% of the lender's total
334loans originated$94m
32.1%denial rateDE all lenders 25.4%
0.5 ppmedian rate spreadDE 0.4 pp

Compared with the state and the lender's national record

MeasureIn DelawareDelaware, all lendersNewrez LLC, all statesUnited States
Denial rate32.1%25.4%35.0%24.3%
Median rate spread, pp0.50.40.50.3
Originations with spread of 1.5 pp or more23.1%16.9%20.7%15.6%
Average originated loan$281k$289k$307k$329k
Home purchase share43.7%56.3%51.0%57.0%
FHA-insured share14.4%14.8%18.4%13.4%
VA-guaranteed share10.2%7.7%16.4%7.9%

Trend by year

ApplicationsOriginations

04338662022: 859 Applications2023: 541 Applications2024: 866 Applications2022: 265 Originations2023: 182 Originations2024: 334 Originations202220232024
Newrez LLC in Delaware: applications and originations, 2022–2024

This lender in stateDelaware, all lenders

0%21.4%42.9%2022: 42.9% This lender in state2023: 36.6% This lender in state2024: 32.1% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Delaware

By purpose

Home purchase 44% (146)Refinancing 16% (54)Cash-out refinancing 40% (134)

By type

Conventional 75% (251)FHA 14% (48)VA 10% (34)USDA 0% (1)

Denial reasons as coded

Debt-to-income ratio60.4%
Credit history18.9%
Collateral8.2%
Other5.7%
Insufficient cash (downpayment, closing costs)3.1%
Unverifiable information3.1%
Credit application incomplete0.6%
Employment history0%
Mortgage insurance denied0%

Share of 159 denials in Delaware by first denial reason coded (outlined bar: all lenders in the state).

Counties in Delaware

CountyApplicationsOriginationsAmountDenial rate
Sussex County320166$54m19.6%
New Castle County372104$24m45.0%
Kent County17464$16m33.3%

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Newrez LLC originate in Delaware in 2024?

334 loans totalling $94m, from 866 applications reported for properties in Delaware.

What is Newrez LLC's denial rate in Delaware?

32.1% of decided applications in Delaware were denied, against 25.4% for all lenders in the state and 35.0% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

Which Delaware counties does Newrez LLC lend in most?

By originations: Sussex County (166), New Castle County (104), Kent County (64).

Where does this data come from?

From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Delaware. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.