GREENWOOD VILLAGE, Colo. — A national mortgage loan originator business appears to be cutting hundreds of more positions at its Denver-area offices this summer, adding to the layoffs it previously announced last month.
Newrez LLC is permanently letting go of 271 employees starting Aug. 2 from its offices in Greenwood Village, 6200 S. Quebec St., according to a notice provided to the Colorado Department of Labor and Employment.
The layoff notice sent Tuesday follows a May 2 notification that it would lay off 103 workers in July.
The job cuts at NewRez LLC are the result of consolidation following a $720 million deal to buy Computershare Mortgage Services Inc. by Newrez LLC’s parent company, New York City-based Rithm Capital Corp. (NYSE: RITM), an alternative asset management business.
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