Is Newrez a good company to work for?

Newrez has an overall rating of 3.5 out of 5, based on over 1,537 reviews left anonymously by employees. This rating has increased by 2% over the last 12 months. 61% of employees would recommend working at Newrez to a friend and 61% 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 3.6 out of 5. Find out more about salaries and benefits at Newrez. This rating has been stable over the past 12 months.

How satisfied are employees working at Newrez?

61% 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 81 reviews)); "Benefits are good If you are single but very expensive for families" ((in 81 reviews)); "Great people too work with" ((in 68 reviews)); "Work from home is great" ((in 44 reviews)); "have great managers family values are important" ((in 39 reviews))

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

"Bad management And takes forever to move up" ((in 75 reviews)); "Constant change with poor training and execution and constantly trying to find ways to pay you less." ((in 55 reviews)); "Massive layoffs continue." ((in 38 reviews)); "Very disorganized, treated as a punching bag due to very little communication from the single point of contacts" ((in 23 reviews)); "Long hours for high profile projects" ((in 14 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

61% would recommend to a friend

(1,496 total reviews)

Baron Silverstein

69% approve of CEO

61% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

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

5.0

Sep 12, 2018

what i thought

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

good job from the management

Cons

felt complete lack of direction

Newrez Response

7y

Thank you for your helpful feedback. We’re striving to build a culture of excellence and personal accountability; and we’re always looking for talented and hardworking individuals. If there's anyone whom you think might work well at Shellpoint, please direct them the “Careers” section of our website: http://shellpointmtg.applicantstack.com/x/openings

3.0

Sep 8, 2018

Mortgage Consultant

Mortgage consultant

Recommend

CEO approval

Business Outlook

Pros

Full range of products, decent pricing, minimal micromanagement

Cons

Unknown future with the NRZ acquisition. The marketing budget has dipped noticeably

1.0

Sep 6, 2018

RUN AWAY

Vice president

Recommend

CEO approval

Business Outlook

Pros

Incompetent? Bad leader? You’ll flourish!

Cons

Worst company ever. No vision, no planning, outdated, reactive business model — about 20 years behind the times. Complete lack of leadership from CEO and sr mgmt. Yet they keep promoting the same folks and getting the same results. Corp culture is toxic. The positive reviews are a tactic they use to push to the forefront (and they encourage posting good reviews). Execs blame staff and lower-level teams for their incompetence. And HR is worthless. They hire inexperienced family members; they fire folks at whim, without probationary periods, coaching or improvement plans. Most unethical, toxic company...If you’re an incompetent white male with no concept for how to succeed in today’s world, this place is for you.

Viewing 1339 - 1341 of 1,496 Reviews

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Newrez reviews

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what i thought

Mortgage Consultant

RUN AWAY

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