Newrez onboards Mr. Cooper veteran to lead its digital transformation

Executive brings two decades of experience to the role

Newrez onboards Mr. Cooper veteran to lead its digital transformation

Newrez has brought on industry veteran Neenu Kainth as its new chief digital officer.

Kainth brings more than two decades of experience driving digital transformations at Fortune 500 companies. As chief digital officer, she will lead the digital adoption of Newrez, with a focus on improving customer experience, optimizing cost structures for its loan serving business, and increasing customer retention for the company's origination channels.

In a statement, Newrez described Kainth as a leader who “possesses a keen expertise in building customer solutions through technology and product management, positioning her for success in driving digital innovation, strategy, and execution for the company.”

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“Neenu has an unmatched skillset, experience and track record that is novel within our industry – time and time again, she has proven her ability to drive innovation and digital transformation, and we are so lucky to have her on our team,” said Baron Silverstein, president of Newrez. “She is a recognized leader in the mortgage industry – I look forward to all the initiatives she will lead in her role that will drive faster value and solution delivery and advance our customer-first product innovation.”

Before joining Newrez, Kainth spent over seven years at Mr. Cooper, where she most recently served as chief digital officer. Her 20-year career also includes time spent at Verizon, PRTM, Comcast, and Objectivity.

“I am thrilled to have the opportunity to help propel our customer experience and innovation forward in this role,” Kainth said. “With an unmatched product suite and a laser focus on redefining the home loan journey process, our momentum as a company is more tenacious than ever.”