TRAIL Rising Leaders Program - Recapture Marketing

eXp Realty and Newrez unveil Revenos mortgage(tm), a new joint venture. Revenos Mortgage brings together eXp's national agent network and Newrez's mortgage platform in a first-of-its-kind relationship at this scale. October 08, 2026 11:45 ET | Source: eXp Realty BELLINGHAM, Wash. & FORT WASHINGTON, Pa., Oct. 08, 2026 (GLOBE NEWSWIRE) - eXp Realty(R), the most agent-centric(TM) real estate brokerage on the planet and the core subsidiary of AGNT, Inc. (Nasdaq: AGNT), and Newrez, a leading homeownership company and one of the nation's five largest nonbank mortgage lenders and primary mortgage servicers, today unveiled Revenos Mortgage, powered by Newrez, a new mortgage joint venture designed to serve eXp Realty agents and their clients. Announced at eXpcon in Salt Lake City, the joint venture brings together eXp's national brokerage scale and agent network with Newrez's mortgage expertise and servicing capabilities. "What matters most in a real estate transaction is the agent-client relationship, and Revenos Mortgage is being built around that," said Leo Pareja, CEO of eXp Realty. "eXp has always bet on creating infrastructure that gives our agents an edge no other brokerage can match. Revenos Mortgage is the next piece of that vision. Bringing Newrez's lending support and technology, as a top originator and servicer in the country, into our ecosystem is how we build the connected future of real estate, finance, and technology, together." "Revenos Mortgage represents the next evolution of our local market strategy," said Baron Silverstein, President of Newrez. "By combining eXp's trusted local market expertise and Newrez's scaled mortgage platform, including a broad range of lending solutions, technology, and servicing capabilities, we can better support buyers throughout the homeownership journey. Together, we can provide value at every step and remain a trusted resource for homeowners long after the initial transaction is complete." Bringing Newrez's mortgage and eXp's real estate expertise together, the new joint venture, Revenos Mortgage, aims to create a more seamless homebuying experience from application through closing and beyond. This exciting partnership gives agents the products, expertise, and tools to support their clients, connecting them with financing and providing reliable, ongoing service as their needs evolve throughout the life of the loan. eXp Realty and Newrez are working to integrate their platforms ahead of the planned launch of Revenos Mortgage in early 2027. Additional details will be shared in the coming months. About AGNT, Inc. Built by Agents. Built for Agents. AGNT, Inc. (Nasdaq: AGNT) is the global parent company of eXp Realty(R), the most agent-centric(TM) real estate brokerage on the planet, NextHome, Inc., an award-winning national real estate franchise, FrameVR.io, a virtual collaboration platform, and SUCCESS(R) Enterprises, a leading personal development and media brand for entrepreneurs. Together, the AGNT platform provides a world-class multi-model operating system empowering independent agents, franchise owners, and team leaders across the Americas, Europe, the Middle East, Asia Pacific, and South Africa. As a publicly traded company, AGNT prioritizes transparency, innovation, and long-term value for agents, franchise owners, staff, and shareholders. About Newrez Newrez LLC ("Newrez"), a Rithm Capital Corp. (NYSE: RITM) company, is a top five nonbank mortgage lender and primary mortgage servicer, according to Inside Mortgage Finance(R), dedicated to providing a customer-first experience throughout the homeownership journey. Newrez offers industry-leading servicing capabilities, delivering for homeowner customers from the Newrez portfolio and those of its third-party customers, as well as a robust origination model with presence in the wholesale, correspondent, consumer direct, and joint venture verticals. Newrez's mission is "to do everything possible to make home happen" through a wide array of products and services. Newrez was established in 2008 and is headquartered in Fort Washington, PA. To learn more about Newrez, visit www.newrez.com. Safe Harbor and Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements made on behalf of AGNT, Inc. ("AGNT") and Rithm Capital Corp. ("RITM"). Statements attributed to AGNT and its subsidiary, eXp Realty, LLC, reflect AGNT's and its management's current expectations, and statements attributed to RITM and its subsidiary Newrez LLC reflect RITM's and its management's current expectations; in each case, these statements involve known and unknown risks and uncertainties that could cause actual results to differ materially. These statements include, but are not limited to, statements regarding the anticipated scope, timing, and benefits of the partnership between eXp Realty and Newrez, including the broader lending and technology relationship described above; eXp Realty's market position, agent and team performance, and ability to attract and retain top-producing agents in competitive housing markets; and Newrez's mortgage origination and servicing business and its ability to support the partnership as anticipated. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include the parties' ability to realize the anticipated benefits of the partnership on the timeline or in the manner anticipated, or at all; the ability to finalize the broader lending and technology relationship; real estate and mortgage market fluctuations, including changes in interest rates; changes in agent retention or recruitment, regulatory changes, and other risks detailed in AGNT's and RITM's respective filings with the Securities and Exchange Commission, including but not limited to each company's most recently filed Quarterly Reports on Form 10-Q and Annual Report on Form 10-K. Neither AGNT nor RITM undertakes any obligation to update these statements except as required by law. Media Contacts AGNT, Inc. [email protected] Newrez Ryan Feldman Sr. Director, Public Relations [email protected] Investor Relations AGNT, Inc. Denise Garcia [email protected] All trademarks are the property of their respective owners.

Newrez hosts Build-A-Bike(R) combo event in Fort Washington, PA. Newrez hosted a leadership training and Build-A-Bike(R) combo event in Fort Washington, PA. 44 summer interns and Trail Team members attended at their headquarters on Aug. 5. The day was designed for the interns to leave having learnt real leadership skills. By the end, the group had put those lessons into practice, building bikes for kids through the Greater Philadelphia YMCA's Willow Grove Branch. Newrez is a mortgage lender headquartered based right in Fort Washington, Pennsylvania. They provide home loans and refinancing options to customers across the country. Newrez interns put leadership lessons to work in Build-A-Bike(R) combo event Fort Washington. The event was built specifically for Newrez's summer interns and Trail Team members. They had a clear goal. Send the interns off with leadership skills they could actually use, and give them a reason to want to come back to Newrez in a future role. That engagement carried straight through into the Build-A-Bike(R) portion. The group did an excellent job putting what they'd just learned into practice. Working together on the build with the same energy and focus they'd brought to the morning's activities. Proving that the lessons had actually landed, not just been heard. The finished bikes went to kids through the Greater Philadelphia YMCA's Willow Grove Branch. They serve the Hatboro, Pennsylvania community with fitness facilities, swim programs, youth programs, and childcare under its mission of connecting people to a healthier life. The Leaders Institute, LLC'd like to thank Newrez for allowing The Leaders Institute, LLC to be part of their leadership training event. The Leaders Institute, LLC would also like to thank the Greater Philadelphia YMCA's Willow Grove Branch for the incredible work they do for the community. If you're looking for a charity event to add to your next leadership meeting, contact The Leaders Institute, LLC about team-building events in Philadelphia.

North Dakota joins $15.5M settlement with mortgage servicer over force-placed insurance. The North Dakota Department of Financial Institutions joined financial regulators from 48 agencies across 47 states in reaching a $15.5 million settlement with NewRez LLC, one of the nation's largest mortgage servicers, over the company's improper use of force-placed insurance on borrowers who already had active homeowners insurance policies. The settlement, announced Wednesday and coordinated by the Conference of State Bank Supervisors, resolves findings from a multistate examination that NewRez had imposed force-placed insurance on more than 4,200 borrowers nationwide whose existing homeowners policies were still active, causing $4.5 million in consumer harm. NewRez, a Fort Washington, Pa.-based mortgage servicer owned by Rithm Capital, self-identified the problem and proactively paid $4.5 million in restitution to affected borrowers before the settlement was finalized. Under the terms of the agreement, the company will also pay $9.9 million in administrative penalties and approximately $1.1 million in costs to be distributed among the participating state regulators. NewRez is further required to implement new controls and conduct enhanced monitoring for loans with force-placed insurance, with an obligation to report to a state regulator executive committee if error rates exceed 5% during monitoring. "The penalties and enhanced monitoring requirements underscore the importance of meeting state requirements to protect consumers," said NDDFI Commissioner Lise Kruse. "Participating in these types of multi-state regulatory efforts illustrates the important role DFI plays in protecting the rights of North Dakota residents." Force-placed insurance is a policy purchased by a lender or servicer when a homeowner's coverage lapses, is cancelled or is deemed insufficient, and the borrower fails to secure replacement coverage. Lenders use it to protect their financial interest in the property, but the coverage typically costs significantly more than a policy a consumer would purchase independently. The District of Columbia led the enforcement team, with assistance from Arkansas, Iowa, Massachusetts and Montana. Washington state did not participate in the multistate settlement, instead pursuing a separate enforcement action against NewRez over what it described as more extensive alleged violations of state law. North Dakota residents with questions about the enforcement action can contact NDDFI Deputy of Non-Depository Division Jan Murtha at [email protected] or call (701) 328-9933.