Is Newrez a good company to work for?

Newrez has an overall rating of 3.5 out of 5, based on over 1,538 reviews left anonymously by employees. This rating has increased by 1% over the last 12 months. 60% of employees would recommend working at Newrez to a friend and 60% have a positive outlook for the business. The best reviews about Newrez have been left by employees working as Production Assistant , Team Lead and Business Analyst .

Does Newrez pay their employees well?

According to anonymously submitted Glassdoor reviews, Newrez employees rate their compensation and benefits as 3.5 out of 5. Find out more about salaries and benefits at Newrez. This rating has decreased by 2% over the last 12 months.

How satisfied are employees working at Newrez?

60% of Newrez employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Newrez 3.5 out of 5 for work life balance, 3.5 for culture and values and 3.5 for career opportunities.

What are the top reviewed jobs at Newrez?

Loss Mitigation Specialist (70) , Mortgage Loan Officer (67) , Mortgage Consultant (53) , Loan Officer (46) , Mortgage Loan Processor (46) , Loan Processor (43) , Mortgage Underwriter (31) , Underwriter (26) , Analyst (23) , Loan Consultant (19) , Manager (19) , Performing Loan Consultant (18) , Production Assistant (16) , Team Lead (15) , Account Manager (14)

What are the pros of working at Newrez according to real employee reviews?

"pay WAS good but now its hard to make a money and low hourly pay" ((in 80 reviews)); "Benefits are good If you are single but very expensive for families" ((in 79 reviews)); "Great people to work with" ((in 64 reviews)); "Good compensation, work from home" ((in 45 reviews)); "The culture is great and they are very open to work" ((in 36 reviews))

What are the cons of working at Newrez according to real employee reviews?

"Bad management And takes forever to move up" ((in 76 reviews)); "Constant change with poor training and execution and constantly trying to find ways to pay you less." ((in 56 reviews)); "Massive layoffs continue." ((in 34 reviews)); "Poor communication and infrastructures." ((in 23 reviews)); "Long hours for high profile projects" ((in 15 reviews))

What are employees saying about Newrez layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Newrez layoffs and their outlook for job security at Newrez in 2026.

What are the top reviewed Newrez locations?

Greenville , Coppell , Fort Washington , Houston , Tempe , Dallas , Plymouth Meeting , Philadelphia , Irving , Columbia , Charlotte , Tampa , Oklahoma City , Jacksonville , Strongsville , San Diego , Phoenix , Raleigh , New York , Indianapolis , Los Angeles , Kirkland , Katy , Texas City , Seattle , Downers Grove , Virginia Beach , Chandler , Denver , Monroe

Newrez reviews

3.5

60% would recommend to a friend

(1,497 total reviews)

Baron Silverstein

68% approve of CEO

60% positive business outlook

Ratings by category

4.0

Diversity & inclusion

3.5

Culture & values

3.5

Work/Life balance

3.5

Compensation and benefits

3.5

Career opportunities

3.3

Senior management

Newrez has an employee rating of 3.5 out of 5 stars, based on 1,497 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

1K reviews

5.0

Feb 24, 2020

Great company, great people

Analyst ii

Recommend

CEO approval

Business Outlook

Pros

- My supervisor and manager have been always there to answer questions, and give the freedom of free thinking to solve problems. - Company is growing at fast pace, which can mean growth opportunity. - Being under NewRez umbrella. - Flexible times as long as problems are solved.

Cons

- Compensation could be a little better (its a good start though).

5.0

Feb 24, 2020

The sky is the limit when it comes to growth and development at SMS!

Loss mitigation new hire team lead

Recommend

CEO approval

Business Outlook

Pros

I have been at Shellpoint Mortgage Servicing just over 4 years now and I still feel like I am in the honeymoon stage with the company. I have never worked for a company that made me feel as heard and appreciated as Shellpoint does. The level of knowledge and experience I have gained is priceless and to earn a comparable salary on top of that, is the thing dreams are made of. The opportunities are boundless, where in most companies you feel your growth is stunted, SMS encourages growth and provides opportunities to help you grow in whatever direction your heart desires within the company. I couldn't imagine working for a better company. We're not employees, we're the SMS family.

Cons

As we grow, I would like more economical healthcare options.

5.0

Feb 24, 2020

Truth

Tax specialist

Recommend

CEO approval

Business Outlook

Pros

I love the environment, my job, and the people that I work with. Great pay!! Work schedule is awesome.

Cons

I have no cons about my job

Viewing 1261 - 1263 of 1,497 Reviews

Top companies for "Compensation and Benefits" near you

Wells Fargo

3.7★Compensation & Benefits

JPMorganChase

3.9★Compensation & Benefits

Bank of America

3.8★Compensation & Benefits

Capital One

3.9★Compensation & Benefits

Jobs at Newrez

Customer Service Representative

Database Administrator III

Senior Business Intelligence Developer

Newrez

Newrez reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Great company, great people

The sky is the limit when it comes to growth and development at SMS!

Truth

Top companies for "Compensation and Benefits" near you

Jobs at Newrez

Newrez reviews FAQs

Want the inside scoop on your own company?

Bowls

Followed companies

Job searches

Top companies for "Compensation and Benefits" near you

Newrez reviews FAQs

Jobs at Newrez