Bayview Loan Servicing

www.bayviewloanservicing.com
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Bayview Loan Servicing Reviews

Updated June 22, 2015
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3.6
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David Ertel
10 Ratings

26 Employee Reviews

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  1. Great benefits and great opportunities to be seen by upper management

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Coral Gables, FL
    Current Employee - Anonymous Employee in Coral Gables, FL

    I have been working at Bayview Loan Servicing full-time (Less than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    The benefits are fantastic, the workplace environment is very friendly. Lots of socializing outside work, lots of corporate events, and lots of happy hours. There is great opportunity for upward mobility. Overall a very fun and rewarding career.

    Cons

    It's very hard to initiate widespread change within the company. It seems like people will freely admit when something is broken, but are hesitant to fix it if it involves a large short-term expense or change in protocol. Long term value is not always given appropriate consideration when it comes to new initiatives.

    Advice to Management

    Get rid of the people who aren't doing their jobs- especially any managers who consistently underperform.


  2. Bayview Loan Servicing

    Current Employee - Coordinator in Fort Washington, PA
    Current Employee - Coordinator in Fort Washington, PA

    I have been working at Bayview Loan Servicing full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Not really any Pros with this Company. Most people do not like going to work in this place

    Cons

    Computers Breakdown on a Daily Basis, Management is terrible, alot of negative publicity on this company and as I work there I see that it is all true.

    Advice to Management

    Clear out all the Present Management and Supervisors and start fresh


  3. Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Coral Gables, FL
    Current Employee - Analyst in Coral Gables, FL

    I have been working at Bayview Loan Servicing full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    This is a great place to learn about the mortgage industry and gain skills that other shops won't train you on.

    Cons

    One of the hardest things was getting an understanding of how many servicing systems are used at one time. It's a lot to try to wrap your head around for a new employee

    Advice to Management

    I think that it can be hard to adjust as a relatively young servicer in the grand scheme of things. Often times it felt like major decisions got made on the fly.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Horrible experience! One of the worst companies to work for!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bayview Loan Servicing full-time

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    The ability to make a decent salary if the bonus structure don't change! Oops spoke too soon.

    Cons

    This company has the most unprofessional, unrealistic inexperience dishonest set of people. Favoritism happens all the time. If they like you and you don't produce they will move you around to keep you. But if you're a producer and know too much they will try anything to let you go!

    Advice to Management

    Need more experienced professional personnel from the top down including HR! HR plays favoritism as well!


  6. A company poised to lead the industry in productivity, customer service and true commitment to assist its borrowers.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Coral Gables, FL
    Current Employee - Vice President in Coral Gables, FL

    I have been working at Bayview Loan Servicing

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    A continuous and relentless pursuit of excellence. Leadership continuously seeks input from the floor, consumer outreach and regulators to ensure it aways improves how loans are serviced. Bayview's workforce is committed to excellence and its impressive to see how much dedication they have to getting things right.
    Bayview has a very diverse workforce that spans multiple cities across the U.S.

    Cons

    The industry is continuously evolving. This is a good thing. But as with any changing landscape, it takes significant effort. This company and similar companies demand excellence and committed individuals. It isn't for everyone, but if you are among those that don't settle for mediocre this is the right place for you.

    Advice to Management

    Continue your relentless pursuit for excellence in servicing.


  7. Great company to work for, nice people, opportunity for advancement.

    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Operations Quality Control Analyst in Pompano Beach, FL
    Former Employee - Operations Quality Control Analyst in Pompano Beach, FL

    I worked at Bayview Loan Servicing full-time (More than a year)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Bayview is very generous in working with employees for time off required for Dr. Appointments etc. Competitive salaries. Great benefits. Additional training classes offered onsight.

    Cons

    Depending on what position you work in, daily schedule and priorities can change rapidly. Some departments are managed better than others. If you leave, you are not eligible for re-hire.

    Advice to Management

    Sometimes people take a chance to try and advance their careers. Those chances taken don't always work out positively. I think it would be advantageous to consider re-hiring or keeping people in a position that they worked in previously.


  8. Asset Manager APM

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Asset Manager
    Current Employee - Asset Manager

    I have been working at Bayview Loan Servicing

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Good benefits, flex schedule, good pay available.

    Cons

    Management is way too inconsistent and they have done a lot of changes that impacts heavily people's income in the form of bonuses. There is no stability, you can be there for 1 year and the next day, you are gone. Management behave like this is social time or happy hour and any chance they can get to write you up, they will. Unless, you are in the "click" going out to lunches together or spending the weekends at each other's houses. If you do this, you will get promoted.

    Advice to Management

    Senior management, paying more attention to what managers are doing, as some of them work part time hours with full time pay.


  9. Bayview Loan Servicing - Friendly place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Bankruptcy Coordinator in Fort Lauderdale, FL
    Current Employee - Bankruptcy Coordinator in Fort Lauderdale, FL

    I have been working at Bayview Loan Servicing full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Newer computers, Good Benefits, Great HR department, Bayview provides nice breakroom with all the coffee you can drink. Nice new building.

    Cons

    Managers don't communicate with the coordinators what is going on in the department. Changes in procedure don't get shared. There is no room for promotion. No raises to employees that are overdue for a raise. Some managers consistently leave early and take many breaks throughout the day. Supervisors micromanage and are out of touch with the procedures. Often the supervisor will say "read the manual" instead of helping.

    Advice to Management

    Get rid of some of the lame managers and supervisors. Make the managers clock in to avoid abuse. Give raises and promote within. Review Nepotism policy and try to fix it. Review email and identify employees that misspell and do not write complete sentences. Enforce a policy to stop employees from selling raffle tickets and chocolate candy bars for their children's fundraisers on company time.


  10. You are expendable at all times

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Asset Manager in Pompano Beach, FL
    Current Employee - Asset Manager in Pompano Beach, FL

    I have been working at Bayview Loan Servicing

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Decent compensation, benefits and vacation.

    Cons

    Most unprofessional company I've work for. Very stressful and year end layoffs annually.

    Advice to Management

    Establish process and guidelines.


  11. Bayview is an excellent company to work for!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bayview Loan Servicing full-time (More than 10 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Bayview is a dynamic and fast paced organization. They offer great benefits and a competitive salary structure. They also believe in a work/life balance. They stay ahead of the curve by creating differnet areas of business depending on the market needs.

    Cons

    The constant change (which is necessary) can sometimes be difficult for people who are not accustomed to it. This is not an issue if you are easily adaptable.

    Bayview Loan Servicing Response

    Sep 3, 2014Director of Talent Acquisition

    We do move quickly at Bayview... looks like you can roll with the changes. Great to hear from someone who has been with the company for so long.



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