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
Aug 12, 2022
Recommend
CEO approval
Business Outlook

Pros

- Leadership will put you on special projects if your performance is well - Analysts have the opportunity to work with other Teams and learn - Leadership is considerate of your career growth as long as you are hungry and clear with your goals

Cons

- Acquisition from NewRez is causing much disorganization - As a result, Analysts are having to carry more weight than needed - Changes not properly communicated to Service Desk - Issues are pushed to the Service Desk to apply band-aid solutions, when the issue can be entirely avoided if the proper teams addressed the root cause - Pay is completely dependent on Corporate, which may not match industry standards in your area

2.0
Jul 19, 2022

Not Reliable

Recommend
CEO approval
Business Outlook

Pros

Not very happy at the moment

Cons

Recent Acquisition of Caliber has forced us to change to their inadequate and archaic systems with little to no support. Massive layoffs continue. Turned us into a marketing department with the option to originate.

avatar
Newrez Response
3y
Thank you for voicing your concerns, we truly appreciate your honest feedback. Here at Newrez, we are committed to employee satisfaction and continuing to find ways to improve your experience. We encourage you to continue to provide feedback by contacting HR@newrez.com to discuss further. We look forward to hearing from you.
Viewing 187 - 189 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.