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      Newrez

      Engaged Employer

      Newrez reviews

      3.5

      61% would recommend to a friend

      (1,496 total reviews)

      Baron Silverstein

      69% approve of CEO

      60% positive business outlook

      Ratings by demographic groups

      Newrez has an employee rating of 3.5 out of 5 stars, based on 1,496 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Newrez employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

      Reviews by job title

      1K reviews
      1.0
      May 8, 2024

      Not not a good environment

      Post closing manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      There absolutely are no pros

      Cons

      Laid off everyone they acquired from Caliber that worked remotely. Put their own employees remote when they shut down ops center, then laid them off as well Hired 1 person to do our whole teams jobs (5 of us, 3 different process reviews + QC & manage offshore team) Work employees like dogs

      1.0
      Dec 15, 2023

      Run!!!

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      There were plenty of pros when it was Caliber. Now there aren’t any.

      Cons

      Micro-managing. They do not want remote workers. They laid off people every couple of months since the merger with Caliber and most of the people laid off were remote. They say you are rehirable but that’s not the case if you can’t go into an office. Upper management doesn’t care about the employees.

      1.0
      Sep 29, 2023

      This company can not be trusted

      Customer service representative
      Recommend
      CEO approval
      Business Outlook

      Pros

      It was a great company with great leadership under Caliber. When NewRez took over it went downhill fast.

      Cons

      They over work employees and will not approve PTO because they need all hands on deck. I was denied PTO for this reason and laid off the next week. Now they will not pay out PTO despite the fact that their Employee Handbook states otherwise. Don't work here. It is awful!

      Viewing 61 - 63 of 1,496 Reviews
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      ReviewsNewrez reviews

      Glassdoor has 1,537 Newrez reviews submitted anonymously by Newrez employees. Read employee reviews and ratings on Glassdoor to decide if Newrez is right for you.