Newrez reviews

3.5

61% would recommend to a friend

(1,496 total reviews)

Baron Silverstein

69% approve of CEO

61% 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
4.0
Dec 31, 2024

In for the long run

Recommend
CEO approval
Business Outlook

Pros

I've worked with amazing people, and have had the opportunity to work in many different departments and acquire loads of knowledge and experience.

Cons

Communication is lacking on occasion, and this leaves room for confusion at times. Also, denying merit increases to remote employees feels unfair.

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Newrez Response
1y
Thank you for your review and for sharing your experiences. We appreciate your feedback on communication and remote employee considerations. Your insights are valuable and will be taken into account as we strive to improve.
4.0
Dec 30, 2024
Recommend
CEO approval
Business Outlook

Pros

Most mangers are great, they do have benefits and they are just ok, they have been better in the past, gives bonuses when most company's don't, they appreciate you and they work at showing that appreciation, an HR that listens and resolves for everyone not just the company. Cross training to keep your job from becoming repetitive. a multitude opportunities for those that what to grow in their career.

Cons

Benefits (health insurance) have decreased over the years. Yearly raises are as most companies very low. For me that's really all there is as a cons. Like most work places there are issues but here most get resolved.

avatar
Newrez Response
1y
Thank you for your review! It's great that you appreciate our management and the opportunities for growth. We value your feedback regarding benefits and raises, and we'll certainly take it into consideration. We're committed to continuous improvement and your insights help us achieve that.
2.0
Dec 25, 2024

Company doesn't listen

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- the people - the equipment is great

Cons

- the managers are toxic and somehow have time to micromanage even though they claim to be busy -pay is below industry standard - the office is trash and they change buildings every few years due to their own toxicity

Viewing 160 - 162 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.