Press Release

Newfi Lending Reaches $1 Billion in Mortgage Originations

Multi-channel mortgage lender achieves major milestone in only two years

EMERYVILLE, Calif., July 26, 2017 — Newfi Lending, a technology-enabled residential mortgage lender and portfolio company of Warburg Pincus, today announced that it has originated over $1 billion in loan volume. The company reached this milestone just 24 months from the time it launched lending operations in April 2015. The $1 billion in mortgage volume is a combined result of Newfi Lending’s direct-to-consumer and wholesale lending operations.

“These incredible results in such a short period of time validate our dual-channel business model,” said Newfi Lending CEO Steve Abreu. “We achieved this significant milestone despite the challenges of ramping up a new company in a limited geography. This bodes well for Newfi as we accelerate the growth of our sales organization and the expansion of our national footprint.”

Newfi Lending has experienced significant growth in 2017. The organization has now expanded operations to 9 states: Arizona, California, Colorado, Florida, Oregon, Pennsylvania, New Jersey, Utah, and Washington. The company has received licensing approval for 16 states and plans to operate in over 20 states by the end of 2017.

About Nexera Holding
Founded in 2014 by industry veterans, Newfi Lending is a national mortgage lender reshaping the borrowing experience through a combination of proprietary technology and product innovation. Newfi delivers a more efficient and transparent process resulting in lower costs and higher levels of customer satisfaction and trust. For more information, visit

About Warburg Pincus
Warburg Pincus LLC is a leading global private equity firm focused on growth investing. The firm has more than $44 billion in private equity assets under management. The firm’s active portfolio of more than 140 companies is highly diversified by stage, sector and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 16 private equity funds, which have invested more than $60 billion in over 780 companies in more than 40 countries. For more information please visit


    For Newfi Lending: 
    Daniel Silver



Newfi Lending provides mortgage lending under two national brands: Newfi for our direct-to-consumer business and Newfi Wholesale for our wholesale lending business.


December 4, 2017 - Newfi Lending Approved by Fannie Mae & Federal Housing Authority

August 30, 2017 - Newfi Lending Selects Tavant to Provide Next-Generation Digital Mortgage Platform

July 26, 2017 - Newfi Lending Reaches $1 Billion in Mortgage Originations

June 20, 2017 - Newfi Wholesale Expands to Utah

June 8, 2017 - Newfi Wholesale Appoints Six New Regional Account Managers

May 23, 2017 - Newfi Lending Loan Officer Named to Top 25 in US

May 11, 2017 - Nexera Holding to Operate as Newfi Lending

March 9, 2017 - Newfi Wholesale Expands to Florida & New Jersey

January 26, 2017 – Newfi Lending Announces Warburg Pincus Investment

September 16, 2016 – Newfi Named Top 10 Consumer Lender

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