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      Newrez

      Engaged Employer

      Newrez reviews

      Accept transition positon for QA - Foreclosure Specialist Newrez Employee Review

      4.0
      Oct 2, 2019
      Foreclosure specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great culture within the company. Upper management does go out there way to so appreciation by having Attorney Summits yearly and Employee Appreciation day as well.

      Cons

      Pay is well under what is to be expected specially if you work under a more detailed investor. I feel as if the pay should increase based on the more job functions acquired by a particular investor. Suggestions for the development of the department as being asked but rarely implement. FC is the only department you can lose bonus funds total from $200- $600 and no one can show you examples as why.

      avatar
      Newrez Response
      6y
      Thanks for sharing about your positive experience; and we appreciate your feedback about our compensation/bonus structure. We’re striving to build a culture of excellence, openness, and personal accountability; and we’re always looking for talented and hardworking individuals. If you have friends or family whom you think might be a good fit here at Shellpoint, please direct them to: https://jobs.shellpointmtg.com/

      Explore other reviews about Newrez

      5.0
      Jul 5, 2026
      Account manager
      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.

      avatar
      Newrez Response
      4d
      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

      avatar
      Newrez Response
      5d
      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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