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Newrez / Shellpoint mortgage recast: rules and fee

Every figure below is taken from Newrez correspondent servicing guide (PDF) and was checked on 27 Aug 2026. Where Newrez / Shellpoint publishes nothing, the row says so rather than guessing.

Verified 27 Aug 2026 Servicer fee schedule (PDF)
Minimum lump sum
$5,000
$5,000 minimum
Recast fee
$250
$250, varies by state
Excluded loan types
See note
Conforming FNMA/FHLMC only; an ARM qualifies only if the reset is more than 6 months out
Timing & frequency
See note
Not within 60 days of origination; the request must come within 60 days of the curtailment · Once per 12 months
Primary source

Newrez correspondent servicing guide (PDF) — newrezcorrespondent.com — checked 27 Aug 2026. The exact document URL is not recorded here; see methodology.

Escrow

Not published. A recast fixes principal and interest. It does not fix the escrow portion of your bill, which is billed separately and can still move with taxes and insurance.

Price a recast on these rules

The calculator prefills Newrez / Shellpoint's $250 fee and warns below their $5,000 minimum.

Use Newrez / Shellpoint in the calculator

Other servicers

ChaseWells FargoBank of AmericaRocket MortgageMr. CooperPennyMacFreedom MortgageUS BankTruistFlagstarPenFedTrustmarkSpecialized Loan ServicingNew American FundingPlains CommerceThe Mortgage FirmPNCCrossCountryNavy FederalFifth ThirdGuild MortgageloanDepotCiti

Compiled and verified by Moh Bami, Tampa, FL, on 27 August 2026. This page states what Newrez / Shellpoint publishes. It is not mortgage advice, and it is not a quote.