NewRez, Shelter Mortgage form new home financing joint venture

by Candyd Mendoza03 Sep 2020

NewRez and its JV business division Shelter Mortgage Company have launched a new home lending joint venture.

The companies partnered with Atlanta Fine Homes Sotheby's International Realty to form the new company, Sanctuary Home Mortgage. The new company is headed by mortgage industry veteran Glenda Snyder and is the 17th joint venture of NewRez across 12 states in the US.

"Atlanta Fine Homes Sotheby's International Realty shares our core values in business and as builders of community," said Randy Vanden Houten, senior vice president of joint venture and retail lending, NewRez. "As we have grown our roster of joint ventures, we are able to be selective in our partnerships and are pleased to team up with an organization known for such strong leadership and a tradition of philanthropy. Glenda's focus on superior service will be a perfect match for the agents and clients of Atlanta Fine Homes Sotheby's International Realty."

"NewRez and Shelter provide extraordinary service along with a broad product offering that agents and homebuyers want and expect in our market," said David Boehmig, president and CEO of Atlanta Fine Homes Sotheby's International Realty. "Glenda and her team are already proving to be invaluable partners, providing options not otherwise available and truly exceptional relationship-focused, client-driven experiences. Our partnership in Sanctuary Home Mortgage will allow us to expand our commitment to providing an exceptional client experience and strengthen our impact on the community."