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NewRez, Shelter Mortgage form JV mortgage lender with Russell Real Estate

NewRez LLC and Shelter Mortgage Co. LLC, the company's division focused on joint venture lending, have partnered with Russell Real Estate Services to form joint venture mortgage company Your Home Financial.

Led by President Paul McKelvey, the joint venture lender now operates under its independent name with a team of seven loan officers.

NewRez is a subsidiary of New Residential Investment Corp.