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
5.0
Jan 21, 2023
Recommend
CEO approval
Business Outlook

Pros

Good job to have if you tried of being broke.

Cons

You have to work the whole shift.

avatar
Newrez Response
3y
We genuinely appreciate your feedback, and we're happy to hear you are enjoying your experience with us. If you have friends or family whom you think might be a good fit here at Shellpoint, please direct them to the “Careers” section of our website: https://jobs.shellpointmtg.com/
3.0
Jan 16, 2023
Recommend
CEO approval
Business Outlook

Pros

Management was very kind & encouraging Benefits were great

Cons

Frequent turnovers Laid off multiple employees (hundreds) nearly every month. Very low pay

3.0
Nov 29, 2022

Downhill since new management

Recommend
CEO approval
Business Outlook

Pros

Still able to work from home for the time being. Compensation is okay.

Cons

Since being acquired, both the company & day-to-day job has gone downhill. Used to get a bonus but that is no longer guaranteed. Took away PTO pay out upon quitting or getting fired/laid off. Have laid off over half of Caliber employees since being acquired. Remaining employees plates are overflowing with work. New management does not communicate. I would not recommend working here to a friend.

Viewing 175 - 177 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.