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 84 reviews)); "pay WAS good but now its hard to make a money and low hourly pay" ((in 81 reviews)); "Great people to work with" ((in 69 reviews)); "Work from home is great" ((in 44 reviews)); "The culture is great and they are very open to work" ((in 37 reviews))

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

"Bad management And takes forever to move up" ((in 75 reviews)); "Constant change with poor training and execution and constantly trying to find ways to pay you less." ((in 56 reviews)); "Massive layoffs continue." ((in 36 reviews)); "Poor communication and infrastructures." ((in 22 reviews)); "Long hours for high profile projects" ((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

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

2.0

Jul 28, 2024

Non-competitive salaries and subpar leadership

Business analyst

Recommend

CEO approval

Business Outlook

Pros

Relatively flexible, very OK benefits

Cons

Leadership at the department level is excellent. Leadership at the corporate level is miserable. In the past year their desire to push a political agenda has gotten unbearable. Little to no merit raises (for remote employees) as well as poultry bonuses despite record profits.

Newrez Response

1y

Thank you for taking the time to leave a review. We understand you have serious concerns about your workplace. Unfortunately, it’s difficult for us to respond appropriately to anonymous reviews, so we encourage you to take advantage of our “open-door” policy and share your thoughts with your supervisor. If you don’t feel that is a viable option, please talk with one of your supervisor’s senior managers or someone in Human Resources. We always strive to emphasize and improve our culture that values everyone, and we need everyone’s input—including yours—to grow and advance.

4.0

Jul 24, 2024

Great place

Mortgage closer

Recommend

CEO approval

Business Outlook

Pros

Great people and easy job. Flexible

Cons

Sold out and forced their people out

3.0

Jul 23, 2024

Good Company

Foreclosure specialist

Recommend

CEO approval

Business Outlook

Pros

Good Benefits, great people to work with, pay is good

Cons

No work at home jobs.

Newrez Response

1y

We appreciate your feedback. We strive to build a culture of excellence, openness, and personal accountability, and we're happy to hear you had a good experience during your time 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/

Viewing 259 - 261 of 1,497 Reviews

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Jobs at Newrez

Loan Analyst/Loan Processor

Mortgage Consultant- Outbound Team

Senior Credit Underwriter (Commercial Real Estate)

Mortgage Consultant- Outbound Team

Relationship Associate

Newrez

Newrez reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Non-competitive salaries and subpar leadership

Great place

Good Company

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