Newrez reviews

3.5

60% would recommend to a friend

(1,497 total reviews)

Baron Silverstein

68% approve of CEO

60% positive business outlook

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).

Reviews by job title

1K reviews
1.0
Aug 8, 2024
Recommend
CEO approval
Business Outlook

Pros

Management at Newrez are good talkers and will make you feel needed (temporarily).

Cons

Newrez does not value their employees and solely cares about their bottom line. They talk a big talk and make assurances they cannot deliver on. I don’t believe they want their employees to grow, they just want to use them until they are done with them.

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Newrez Response
1y
Thank you for providing your feedback. We take your concerns seriously and are committed to improving our processes. Your comments will be forwarded to our internal team for further review. We appreciate you taking the time to share your insights with us and wish you all the best in the future.
3.0
Aug 8, 2024

Processor

Recommend
CEO approval
Business Outlook

Pros

Remote, felxible, leadership, pay, 401k matching

Cons

commission threshold too high to consistently meet

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Newrez Response
1y
Thank you for sharing your feedback with us. We’re always looking for ways to improve, so we’ll pass along your feedback to our internal team. We appreciate you taking the time to give us your honest review.
1.0
Aug 6, 2024
Recommend
CEO approval
Business Outlook

Pros

None. I was basically used until they didn't need me to train new people to replace me.

Cons

This company negligently denied my ADA WFH claim because working in the office was more important to them than my disability. I was told it had nothing to do with me being a consistent top performer. Really?

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Newrez Response
1y
Thank you for your review. We understand you have serious concerns, but it’s difficult for us to respond effectively to anonymous reviews. We hope you shared your thoughts with our Human Resources team during your exit interview, but if you didn’t, we invite you to email HR@Shellpointmtg.com about your concerns.
Viewing 253 - 255 of 1,497 Reviews

Glassdoor has 1,538 Newrez reviews submitted anonymously by Newrez employees. Read employee reviews and ratings on Glassdoor to decide if Newrez is right for you.