Meets expectations - Timeline Manager - Foreclosure Newrez Employee Review

3.0
Mar 2, 2019
Recommend
CEO approval
Business Outlook

Pros

the workstations are really close. the people on my floor form closer relationships with those in the immediate surroundings. This promotes teamwork, collaboration, sharing strategies, on-demand assistance, great ice-breaking conversations, and team bonding/building.

Cons

No matter how hard you work as an hourly employee you get about a 46-minute or less lunch. No nonsense. They say that we have an hour for lunch but they don't tell you that it takes 7 min to exit onto public street and the same just to reenter the building from the distant parking lot, and that's almost running speed. So for "go out for lunch" type people, the travel time for waiting on elevator, or taking 3 flights of stairs, and then a trek to the parking lot "out over there" eats away at your break/lunch time and no one says a thing about it. Not to mention, if you like to get out for lunch the best lunch places are about 10 min away from start time of getting up from your desk. A quick stop, a small chat, something you forgot on your desk, or any other minute delay will completely destroy your lunch hour. Coming back gets even more interesting: you get back, get parked, walk a distance, wait and take elevator, find your cubicle, be in your seat, computer is asleep so it needs a minute to awake, page needs to be refreshed, well now you have to enter user and password all over again, take a few seconds to load and then finally clock back in within that hour of when you clocked out. If your computer decides to be slow that day, if the program doesn't load, if you get distracted by a co-worker you run a great risk of going over. arggggghhhh!!!!

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Newrez Response
7y
Thank you for your review! We're glad you had an overall positive experience during your time here. Obviously, you have some serious concerns about lunch break times and our time clock system, but it’s difficult for us to respond effectively to anonymous reviews. We hope you shared your ideas with our Human Resources team during your exit interview; but if you didn’t, we invite you to contact our HR team. We acknowledge that we’re not a perfect company, nor are we the right fit for everyone. However, we are working to build a culture that values everyone, and your honest feedback can help us achieve that goal.

Explore other reviews about Newrez

5.0
Jul 5, 2026
Recommend
CEO approval
Business Outlook

Pros

I get to work remotely. They have a good retirement plan/401K. I work autonomously with very little oversight, meaning there's no micromanaging. They are great with holidays and time off. Very inclusive and socially aware. Those are two reasons I've remained employed by them.

Cons

The salary is lower than preferred. I've worked two years with zero pay increase because "no pay increases for remoter employees". The health insurance is lacking and not fantastic, but I'm not sure that's really a con since nearly every health insurance plan in America is lacking.

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Newrez Response
1w
Thank you for sharing your feedback. We're glad to hear you value the time off and inclusive culture. We also appreciate your perspective on compensation and benefits. Feedback like yours helps us continue to evaluate and improve the employee experience.
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

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Newrez Response
1w
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.
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