Newrez reviews

3.5

61% would recommend to a friend

(1,496 total reviews)

Baron Silverstein

69% approve of CEO

60% positive business outlook

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
Mar 23, 2022

Poor Management

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Benefits and some other HR programs

Cons

Lack of integrity at the most senior levels Lack of senior diversity Lack of care for the employee Lack of empowerment

2.0
Mar 14, 2022
Recommend
CEO approval
Business Outlook

Pros

Pay, benefits, flex work environment.

Cons

Overworked, zero communication, constant change in job roles. Management does not care about you whatsoever and that is across the company. Division of departments even within teams. Very childish tactics against employees. Health insurance is not good for the price, surprising with such a large company. Merger which eliminated positions

1.0
Feb 19, 2022

Prepare to lose your job

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

what pros? how about all cons.

Cons

I worked there 3 years, the first 6 months it wasn't that bad, then a lot of people started leaving (and some were let go). The last 2 years they downsized a lot and fired literally VPs, AVPs, lots of managers and even more employees. We lost an entire floor of people. Poor communication, the company is cheap and run by thieves and moronic CEO's that don't know what they're doing, they fire you and make up a reason so they don't have to pay severance. I spoke with my AVP when she was fired after, same thing. DON'T WORK HERE UNLESS YOU'RE ALREADY PREPARED TO LOSE YOUR JOB.

Viewing 70 - 72 of 1,496 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.