Woodring's new role at Newrez focuses on driving technology initiatives, including AI innovations, following his tenure at Rocket Mortgage where he led product engineering. His hiring coincides with a leadership restructuring at Newrez, which also saw Felicia Grumet promoted to CFO and Mark McArdle joining for regulatory efforts. With a strong history in product development within the industry, Woodring's expertise is expected to bolster Newrez's objectives of enhancing digital services and improving the homeowner experience amid a reported growth in loan volume for Q1 2025.
In his new role at Newrez, Woodring will oversee technology initiatives, including digital products, apps, IT infrastructure, information security, data management, and AI.
Baron Silverstein emphasized that our new leadership will be crucial in propelling the next stage of growth for Newrez’s platform.
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