Thomas Muldowney has been a driving force behind Newrez’s remarkable growth, playing a key role in expanding the company’s loan volume and client base and helping Newrez grow to serve 3.7 million customers, increasing its client roster tenfold. His leadership has been instrumental in reshaping product offerings and supporting organic growth with institutional clients, while also spearheading expansion efforts with new counterparties. Over the past 15 years, his ability to navigate market conditions and economic shifts has been crucial to Newrez’s continued success.
Since entering the company through its management training program in 2011, Muldowney has gained extensive experience across document administration, escrow, portfolio and transaction management. Now vice president of Business Development, he is responsible for expanding Newrez’s clientele and service offerings. His leadership was pivotal in the seamless integration of dozens of new clients through the SLS acquisition, where he built client-driven infrastructure, implemented reporting systems and ensured compliance with contractual requirements — all while improving overall performance. His strategic vision has also helped develop solutions for homeowners by expanding loss mitigation options, initiating proactive outreach for potential defaults and optimizing servicing constructs to benefit both clients and homeowners.
Muldowney’s leadership philosophy is rooted in the belief that an organization thrives from the ground up. He is deeply committed to developing employees, providing training and growth opportunities that empower them to advance their careers. His passion for mentorship and organizational development has not only strengthened Newrez’s internal culture but has also contributed to its long-term success.
What is one habit that has helped you succeed?
My belief that the correct answer always wins is fundamental to my growth and professional success. I don’t believe in adhering to outdated methods simply because they are traditional; instead, I focus on finding the most effective way to do things, and am committed to challenging the status quo to identify more efficient solutions.
Name:
Thomas Muldowney
Age:
35
Title:
VP, Business Development
Company Name:
Newrez
