Newrez reviews

lack of true and wise leadership, no guidelines or framework for assessments, no growth opportunities, a nepotism culture, and chaotic management from upper levels to individual contributors, unclear roadmaps, last-minute deadlines.

If your company is acquired by NewRez/Rithm… RUN. Immediate paycuts, benefit changes (for the worse). Pay is significantly lower than several other companies. Commission structure is very complex and not adjusted for current market conditions. Upper management provides little communication and when they do it is read from a script and feels cold. Company seems to be leveraging the market/mortgage job market conditions to devolve working conditions as employees don’t have elsewhere to go Company is VERY focused on automation and assembly line style loan processing. This creates future job uncertainty, but also significant chaos as several hands are working the same file. Too many cooks in the kitchen spoil the broth.