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NewRez, Shelter Mortgage form JV with Sotheby's International Realty

NewRez LLC and Shelter Mortgage Co. LLC, the company's division focused on joint venture lending, have partnered with Sotheby's International Realty Inc.'s Atlanta affiliate to form joint venture mortgage company Legacy Home Mortgage.

Glenda Snyder will lead the joint venture.

NewRez is a subsidiary of New Residential Investment Corp.