Would not recommend - Collateral Specialist Newrez Employee Review

2.0
Jun 20, 2026
Recommend
CEO approval
Business Outlook

Pros

Lots of paid time off

Cons

Random layoffs, you’ll make the salary you start at forever (I got a 72 cents raise after 3 years of working there)

avatar
Newrez Response
2w
Thanks for your feedback. Your comments have been shared with our team for review. We’re always looking for ways to improve, and your input helps guide that effort. We appreciate you taking the time to share your perspective.

Explore other reviews about Newrez

5.0
Jun 10, 2026
Recommend
CEO approval
Business Outlook

Pros

Central Role in the Process. Strong Industry Knowledge. Problem-Solving & Critical Thinking. Relationship Building

Cons

High Volume / Workload Pressure. Limited Control Over Outcomes

avatar
Newrez Response
2w
Thanks for sharing your positive feedback! We’re happy that you are having a positive experience with us. Insights like yours help us continue improving and creating an even better workplace. We appreciate you taking the time to share your thoughts.
2.0
Jul 1, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Great work/life balance - Awesome coworkers - Lots of opportunities to try new things and be innovative

Cons

- Senior leadership does not value remote workers and doesn't get to know them/engage with them - Frequently lays off remote employees, regardless of performance, achievements, or job role, sometimes without offering options to move or relocate. They also on occasion use underhanded tactics to pressure remote employees to leave so they don't have to pay out severance. Lastly, unless required by your state's law, they never pay out your remaining time off - If you start underpaid, you will remain underpaid even after promotions - Job performance does not impact yearly bonuses/increases. Pay doesn't keep up with inflation

avatar
Newrez Response
16h
Thank you for sharing your experience. Your feedback matters, and we’ll make sure it’s reviewed by our team as we continue working to improve. We appreciate you taking the time to let us know your thoughts.
See reviews by: Helpful|Rating|Date|All