Newrez Overview

  • www.newrez.com
  • Fort Washington, PA
  • 5001 to 10000 Employees
  • 2008
  • Company - Public
  • Banking & Lending
  • $500 million to $1 billion (USD)

CompetitorsUnknown

Newrez is a leading mortgage company that combines mortgage origination and servicing to provide a customer-first journey and help our customers make smart moves throughout the lifetime of their mortgage loans. Differentiated by its origination platform, the Company provides ...
Mission: Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications. We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative ...

What people are saying about Newrez

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Consulting

1y

works at 

IBM

What is the interest rate and institution you pay for student loan, home, car, investment properties, personal loan? - whatever applies. Mine student loan Sofi 3.013%, car chase bank 3.29%, home newrez 3.875% , investment properties local community bank 5%, no personal loan or line of credit

6

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Newrez Reviews

3.3
55%
Recommend to a Friend
58%
Approve of CEO
Baron Silverstein
Baron Silverstein
140 Ratings
5.0
Former Employee, more than 1 year

"Great work environment"

Nov 13, 2022 - Mortgage Loan Closer
Recommends
Positive Outlook
Approves of CEO

Pros

Flexibility with work life balance

Cons

not too many major cons
See All 509 Reviews

Diversity & Inclusion at Newrez

3.5
(221 Reviews)

Diversity Programs & Initiatives

For us, building a diverse and inclusive culture is a journey – ongoing and ever-evolving. Actions that back up our words, and often speak louder than words, continue to be our number one goal.

Our Diversity, Equity and Inclusion strategy is more than just talk, it’s in action. The DEI department works cross-functionally within the organization to create meaningful opportunities for employees. Whether it’s networking, fostering a caring community or promoting organizational growth, advocating for what is important to our employees will always be at the core of what we do.

Some examples of these initiatives include:

Employee Resource Groups (ER

Diversity & Inclusion FAQs

All answers shown come directly from Newrez Reviews and are not edited or altered.

How is diversity at Newrez?

...There are many competitors that offer better or comparable benefits, more flexibility, foster the employee experience from both an engagement and diversity perspective and truly care....Read More

Read 7 more responses

Newrez Photos

+ Add Photo
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Newrez Interviews

Experience
Positive54%
Negative23%
Neutral23%
Getting an Interview
Applied online43%
Recruiter20%
Employee Referral18%
Difficulty
2.4
Average
HardAverageEasy

  1. Collections Specialist Interview

    Anonymous Employee in United States
    Declined Offer
    Positive Experience
    Easy Interview

    Interview

    It was easy. Regular interview , typical collections questions, next day offer, started after background and drug screen. Applied in indeed first interview was over the phone second was on zoom, my hours vary each and every week depending on the work
    Interview

    Can’t remember anything they asked me

    Answer Question

See All 61 interviews

Company Updates

June 8, 2022
KEY NOT FOUND: company-updates.categories.product-news
Newrez is keeping a steadfast focus on innovating products that benefit markets of underserved borrowers and make homeownership more accessible. Read more about how our Smart Series product line is serving borrower needs often overlooked in other non-agency products.
Shared image - Newrez Supports Non-Traditional Borrowers Through Signature Non-QM Products
Newrez Supports Non-Traditional Borrowers Through Signature Non-QM Products
www.newrez.com
June 6, 2022
KEY NOT FOUND: company-updates.categories.company-news
Newrez's Chief Marketing Officer (“CMO”) Brad Jones has been named a 2022 Rising Star by HousingWire. The Rising Stars program recognizes industry professionals who have become leaders in their respective fields and are making an outsized impact on the industry as a result.
Shared image - Newrez CMO Brad Jones Named a HousingWire 2022 Rising Star
Newrez CMO Brad Jones Named a HousingWire 2022 Rising Star
www.newrez.com

Newrez Awards & Accolades

  • HousingWire Tech 100HousingWire2021
  • Top Mortgage EmployerNational Mortgage Professional Magazine (NMP)2021

Pledges & Certifications

  • Tech Hiring Commitment

    Helping to train, hire and promote more technology workers

  • Career Advancement Program

    Helping employees "upskill" into higher-paying positions

  • Social Responsibility Pledge

    Formal programs or foundation to give back to communities

  • First Job Programs

    Maintain entry-level hiring and career development programs to give people career starts

  • Diversity Commitment

    Has programs that support a diverse and inclusive workforce

Popular Careers with Newrez Job Seekers

JobsSalariesInterviews

Newrez FAQ

(49 Questions)

All answers shown come directly from Newrez Reviews and are not edited or altered.

See questions about:

What is paid time off like at Newrez?

...PTO accumulation low, base pay has cap for first 5 years, not lots of room for quick growth...

February 24, 2022

Read more

See 15 more answers

People Also Ask about Newrez

Employees rate Newrez 3.3 out of 5 stars based on 509 anonymous reviews on Glassdoor.

To get a job at Newrez, browse currently open positions and apply for a job near you. Once you get a positive response, make sure to find out about the interview process at Newrez and prepare for tough questions.

Overall, 55% of employees would recommend working at Newrez to a friend. This is based on 494 anonymously submitted reviews on Glassdoor.

54% of job seekers rate their interview experience at Newrez as positive. Candidates give an average difficulty score of 2.4 out of 5 (where 5 is the highest level of difficulty) for their job interview at Newrez.

38% of employees think that Newrez has a positive business outlook. This is based on anonymous employee reviews submitted on Glassdoor.

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