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Newrez LLC in Washington

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

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

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.

Newrez LLC's 2024 HMDA record for Washington covers 4,685 applications, 2,255 of them originated, worth $992m.

Its denial rate in the state was 22.5%, close to the Washington rate of 21.3% across all lenders and compared with the lender's national rate of 35.0%.

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

Applications in the state were up 143% on 2023.

4,685applications in WA, 20243.3% of the lender's total
2,255loans originated$992m
22.5%denial rateWA all lenders 21.3%
0.4 ppmedian rate spreadWA 0.4 pp

Compared with the state and the lender's national record

MeasureIn WashingtonWashington, all lendersNewrez LLC, all statesUnited States
Denial rate22.5%21.3%35.0%24.3%
Median rate spread, pp0.40.40.50.3
Originations with spread of 1.5 pp or more19.3%15.8%20.7%15.6%
Average originated loan$440k$440k$307k$329k
Home purchase share56.0%54.5%51.0%57.0%
FHA-insured share12.4%9.9%18.4%13.4%
VA-guaranteed share17.7%8.6%16.4%7.9%

Trend by year

ApplicationsOriginations

02342.54,6852022: 2,562 Applications2023: 1,928 Applications2024: 4,685 Applications2022: 741 Originations2023: 787 Originations2024: 2,255 Originations202220232024
Newrez LLC in Washington: applications and originations, 2022–2024

This lender in stateWashington, all lenders

0%20.1%40.3%2022: 40.3% This lender in state2023: 27.4% This lender in state2024: 22.5% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Washington

By purpose

Home purchase 56% (1,262)Refinancing 14% (321)Cash-out refinancing 30% (672)

By type

Conventional 70% (1,573)FHA 12% (279)VA 18% (400)USDA 0% (3)

Denial reasons as coded

Debt-to-income ratio58.5%
Credit history20.4%
Collateral7.6%
Unverifiable information3.9%
Employment history3.2%
Other3.2%
Insufficient cash (downpayment, closing costs)2.6%
Credit application incomplete0.6%
Mortgage insurance denied0%

Share of 661 denials in Washington by first denial reason coded (outlined bar: all lenders in the state).

Counties in Washington

CountyApplicationsOriginationsAmountDenial rate
King County1,042485$268m26.9%
Pierce County779422$195m18.7%
Snohomish County555258$118m21.8%
Thurston County341202$87m12.5%
Kitsap County256166$75m10.7%
Clark County331143$55m27.7%
Spokane County21076$22m32.5%
Whatcom County16471$28m26.0%
Clallam County9564$23m13.5%
Mason County7639$14m18.4%
Benton County9833$8.0m35.3%
Yakima County9029$6.2m36.2%
Skagit County6729$10m23.7%
Lewis County7227$8.8m32.5%
Jefferson County4825$11m19.4%
Cowlitz County4923$8.3m11.5%
Island County5320$7.8m39.4%
Grays Harbor County4420$5.8m—
Chelan County4316$5.5m36.0%
Kittitas County3414$5.0m—
Franklin County4111$3.7m—

Counties with at least 25 applications, by originations.

Questions and answers

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

2,255 loans totalling $992m, from 4,685 applications reported for properties in Washington.

What is Newrez LLC's denial rate in Washington?

22.5% of decided applications in Washington were denied, against 21.3% 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 Washington counties does Newrez LLC lend in most?

By originations: King County (485), Pierce County (422), Snohomish County (258), Thurston County (202), Kitsap County (166).

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 Washington. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.