Is "NEWREZ-SHELLPOIN WEB PMTS" fraud?

Written by Piper Hall

June 18th, 2024

Medium Risk

What is "NEWREZ-SHELLPOIN WEB PMTS"?

Shellpoint Mortgage Servicing has been in operation since 2010. The company provides a range of mortgage servicing solutions. These include the management of residential mortgage loans, payment collection, and escrow management. The company also offers customer service support for borrowers and handles loan modifications, as well as foreclosure alternatives. Shellpoint Mortgage Servicing partners with various financial institutions to service their mortgage portfolios.

NEWREZ: NewRez LLC, a mortgage servicing company

SHELLPOIN: Shellpoint Mortgage Servicing, a division of NewRez LLC

WEB: Online transaction or payment made via the web

PMTS: Payments

Verify if this transaction is fraud in 30 seconds

Verify With Receipt

The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.

Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.

STEP 1

Connect your Email

Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.

STEP 2

Connect Your Bank

Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.

STEP 3

Reconcile

Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.