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
3.0
Jul 28, 2018
Recommend
CEO approval
Business Outlook

Pros

-The people there mean well. My co-workers in my department are pretty friendly with one another. -Flexible/lax work hours (coming in late/staying late or coming in early/leaving early are OK). At least in sales. -Perfect place to work right out of college. Little-to-no experience is not frowned upon. -Paid licensing. -Support and training is frequent. It's meant to keep everyone informed and knowledgeable of the changes in the company/industry.

Cons

-Upper management is stuck in their ways and only care about their bottom line. -Churn-and-burn work environment. Getting burnt out and feeling unappreciated is extremely common. -Favoritism and preferential treatment is rampant. -Departments keep to themselves and don't care for other departments. It is very, very cliquey. -Transitioning to another department is a delicate balancing act. Either the transition will be smooth and natural, or strained and even blocked if management doesn't want you to move because you're effective in your current role (regardless of your feelings/needs).

4.0
May 2, 2018

Company Review

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

NPF provided good training , flexibility and opportunity to advance in larger call centers.

Cons

Conservative approach to business never on the cutting edge a follower vs a leader. Centralized decision making, limits branch autonomy .

2.0
Apr 4, 2018

Multimedia Specialist

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

It is in fact a living.

Cons

Not a friendly environment, an obvious high turnover rate exists. My role ended there when my supervisor who implemented my position as MM spec, resigned during my 5th week there, therefore terminating my position .

Viewing 1450 - 1452 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.