Newrez reviews

3.5

61% would recommend to a friend

(1,496 total reviews)

Baron Silverstein

69% approve of CEO

60% 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
1.0
Dec 9, 2015
Recommend
CEO approval
Business Outlook

Pros

Great for giving someone with little to no experience a chance. Great trips while training!

Cons

Management sucked! Recruited me, talked about leaving the company. I let upper management know, they said don't worry. My branch manager resigned and in 5 months I was let go while I was 4 months pregnant.

5.0
Jun 1, 2015

Loan Processor

Recommend
CEO approval
Business Outlook

Pros

Efficient process of processing loans. Great teamwork among departments.

Cons

Poor communication regarding changes in routine and responsibilities.

3.0
Aug 24, 2023
Recommend
CEO approval
Business Outlook

Pros

I’m currently working from home.

Cons

CEO has stated that he wants all employees to return to office. However several employees have no office to return to due to closing down office buildings last year. This only leads to the option of laying off all who work remote and don’t have an office to return to. He will not say when the layoff will occur just that “the company is closely monitoring our remote workers”. Lack of communication and transparency.

Viewing 25 - 27 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.