Nationstar Mortgage - Get what you need then get out! | Glassdoor
There are newer employer reviews for Nationstar Mortgage
There are newer employer reviews for Nationstar Mortgage

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Helpful (4)

"Get what you need then get out!"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Analyst in Lewisville, TX
Current Employee - Analyst in Lewisville, TX
Recommends
Neutral Outlook
No opinion of CEO

I have been working at Nationstar Mortgage full-time (More than 3 years)

Pros

- Good breeding ground if you're fresh out of college and need a job
- Fairly friendly staff, maybe encounter one or two snooty managers
- Extra activities (employee perks day, holiday parties, blood drives, toy drives, push-ups for veterans, jean days, intramural sports, etc.)
- Employee discounts (phone bills, gym memberships, amusements parks, etc.)

Cons

- Lots of favoritism
- Slow or favoritism-based promotions
- Low pay (But money is money, especially if you have bills to pay)
- Unorganization: Equipment, employees, and locations are randomly placed around the building/area.
- Layoffs, especially within the past year, hundreds or thousands are let go on any given day
- Outsourcing and the painful process that comes along with it when you're trying to communicate with reps in India
- Micromanaging departments, especially Claims and anything on the phones
- Lots of dead-end employees that don't really care about their jobs, so you might have to do it for them

Basically, if you're down to the wire and you receive an offer, take it. Do your work diligently, efficiently, and timely. Learn from everyone and everything, look for opportunities to grow. Stay positive and don't complain (even if your job sucks). Be courteous and respectful to everyone (even if they suck). With this, you'll gain the attention you need to move up. And once you've gained all that you want/need, leave for better pay.

Advice to Management

Instead of seeing your good employees go because you can't pay them enough, consider letting your dead-end employees go and use the monies you were gonna pay them towards keeping your good employees.

Other Employee Reviews for Nationstar Mortgage

  1. Helpful (2)

    "Nationstar Mortgage"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Relations
    Former Employee - Client Relations
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Nationstar Mortgage full-time (Less than a year)

    Pros

    Nationstar had good pay and great benefits. I worked in the Correspondent channel which started up with a bang but then fizzled out. Since the whole channel was new a lot of things were not in place yet, i.e. complete training but they were working on it. Training was a big thing and is important in the mortgage business.

    Cons

    Nationstar tried to go too big too fast and ultimately cost a lot of people their jobs. I can't recommend NSM to anyone because of all of the downsizing.

    Advice to Management

    Now that I no longer work there, I've read a lot of negative things from customers. That needs to change. I really do think that NSM had the right ideas but weren't able to execute them.


  2. Helpful (1)

    "Was okay"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    helping others with home loans

    Cons

    the system going down or crashing

    Advice to Management

    listen to concerns of the employees


There are newer employer reviews for Nationstar Mortgage
There are newer employer reviews for Nationstar Mortgage

See Most Recent

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