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      Newrez

      Engaged Employer

      Newrez reviews

      Remote or hybrid? Never mind, just kidding! - Vice President Newrez Employee Review

      1.0
      Jun 2, 2022
      Vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      Choice of working in Dallas, Philadelphia or Greenville, SC. Until your position is eliminated, that is.

      Cons

      1. During COVID almost everyone was WFH of course. Then Remote and Hybrid were permitted until March 2022, when management did a 180 about face with- no kidding - 100% mandatory onsite with badge swipe monitoring. Employees that weren't looking suddenly had another reason to. 2. Company's leadership is 2-faced, bragging to analysts about the increasing value of MSRs (mortgage servicing rights) during a rising rate environment, whilst "eliminating positions" of hundreds of employees each month to "manage costs".

      avatar
      Newrez Response
      4y
      Thank you for taking the time to leave us a review. We are saddened to hear about your frustrations. Newrez is dedicated to continuously improving our employee experience and will share your review with our leadership team. Our team wishes you the best in your future endeavors.

      Explore other reviews about Newrez

      5.0
      May 14, 2026
      Director
      Recommend
      CEO approval
      Business Outlook

      Pros

      Strong leadership and consistent strive towards growth and success

      Cons

      None at this current time

      avatar
      Newrez Response
      1mo
      Thanks for the positive feedback! We’re so happy to hear that you’re having a great experience with us. Your support means a lot and helps us keep moving in the right direction. 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
      2d
      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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