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
Aug 18, 2019

Look at the company's scripted reviews each time

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Prefer not to address at this time.

Cons

Shellpoint Mortgage scripted reviews lets much to be desired. Open door policy is a joke.

avatar
Newrez Response
6y
Thank you for your feedback. You obviously have serious concerns about our open door policy and our review responses. Due to time constraints, we're unable to provide a unique response to every review, but we do take all feedback into consideration. We hope you shared your thoughts with our Human Resources team during your exit interview; but if you didn’t, we invite you to call and speak with our HR team about your concerns. 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 input can help us achieve that goal.
3.0
Aug 13, 2019
Recommend
CEO approval
Business Outlook

Pros

Pay is great. Incentives are a plus.

Cons

Company is so fast-growing that there are many missed steps in implementing changes that doesn't allow for employees to adjust without errors. Had to work through many lunches. Sometimes a week at a time. Once you begin to really work for incentives management and auditors will find everything to take a way from your bonus.

2.0
Jul 23, 2019
Recommend
CEO approval
Business Outlook

Pros

OT available Performance Bonus Very nice co-workers

Cons

Constant Pressure from upper management and investors Scarcity of new loans

avatar
Newrez Response
6y
Thank you for your review. You obviously have serious concerns about our management team. It’s difficult for us to respond appropriately to anonymous reviews, so we encourage you to take advantage of our “open-door” policy and share your thoughts with your supervisor. But if you don’t feel that is a viable option, please talk with one of your supervisor’s senior managers, or with someone in Human Resources. We’re working to build a corporate culture that values everyone; and we need everyone’s input—including yours—to grow and advance.
Viewing 85 - 87 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.