Is Newrez a good company to work for?

Newrez has an overall rating of 3.5 out of 5, based on over 1,538 reviews left anonymously by employees. This rating has increased by 1% over the last 12 months. 60% of employees would recommend working at Newrez to a friend and 60% 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 3.5 out of 5. Find out more about salaries and benefits at Newrez. This rating has decreased by 2% over the last 12 months.

How satisfied are employees working at Newrez?

60% 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?

"Benefits are good If you are single but very expensive for families" ((in 86 reviews)); "pay WAS good but now its hard to make a money and low hourly pay" ((in 82 reviews)); "Great people to work with" ((in 66 reviews)); "Work from home is great" ((in 41 reviews)); "Currently a great work life balance" ((in 36 reviews))

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

"Bad management And takes forever to move up" ((in 77 reviews)); "Constant change with poor training and execution and constantly trying to find ways to pay you less." ((in 54 reviews)); "Massive layoffs continue." ((in 37 reviews)); "Poor communication and infrastructures." ((in 22 reviews)); "Horrible leads and blatant favoritism." ((in 16 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

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Newrez

Newrez reviews

3.5

60% would recommend to a friend

(1,497 total reviews)

Baron Silverstein

68% approve of CEO

60% positive business outlook

Ratings by category

4.0

Diversity & inclusion

3.5

Culture & values

3.5

Work/Life balance

3.5

Compensation and benefits

3.5

Career opportunities

3.3

Senior management

Newrez has an employee rating of 3.5 out of 5 stars, based on 1,497 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

1K reviews

3.0

Sep 23, 2024

ok-Company sold and laid off lots of people

Support worker

Recommend

CEO approval

Business Outlook

Pros

Lots of training, but because I was hired and worked during the pandemic, you were expected to be up and running quickly.

Cons

This company went public and I think ownership changed. Quick to lay off people.

4.0

Sep 18, 2024

Good Benefits

Business development executive

Recommend

CEO approval

Business Outlook

Pros

This comopany had great health benefits and competitive commission structure.

Cons

Were not helpful when i was out sick and ended up loosing my position because i was medically unable to perform my job for a couple months.

3.0

Sep 16, 2024

Has its pros and cons

Loan administration

Recommend

CEO approval

Business Outlook

Pros

job security with portfolio growth

Cons

portfolio growth feels too fast

Newrez Response

Thank you for your feedback. We strive to build a culture of excellence, openness, and personal accountability, and we’re always looking for talented and hardworking individuals. 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/

Viewing 229 - 231 of 1,497 Reviews

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Jobs at Newrez

Customer Service Representative

Database Administrator III

Senior Business Intelligence Developer

Collections Representative

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ok-Company sold and laid off lots of people

Good Benefits

Has its pros and cons

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