Newrez LLC Outlook Employee Reviews | Comparably
Newrez LLC Claimed Company
Newrez LLC (Newrez) is a leading nationwide mortgage lender and servicer. As a lender, Newrez focuses on offering a breadth of industry-leading products, supported by a loan process that blends both human interaction and the benefits of technology into an unparalleled customer experience. Founded in 2008 and licensed to lend in 50 states, Newrez is headquartered in Fort Washington, Pennsylvania and operates multiple lending channels, including Correspondent Lending, Wholesale, Direct-to-Consumer, Retail, and a network of joint venture partners. Newrez’s servicing business consists of its performing loan servicing division, Newrez Servicing, and its special servicing division, Shellpoint Mortgage Servicing. Newrez also has several affiliates that perform various services in the mortgage and real estate industries. These include Avenue 365 Lender Services, LLC, a title agency, and E Street Appraisal Management LLC, an appraisal management company. Newrez is member of the New Residential read more
EMPLOYEE
PARTICIPANTS
205
TOTAL
RATINGS
1685
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Newrez LLC Outlook Employee Reviews

What makes you most happy at work?

All Good All Good All Good

Review from Finance Dept

The support of my team from top to bottom.

ability to work from anywhere, great manager

My manager is amazing! he cares about us and our company

Money and Quality of the work

What's going wrong and how can it be improved?

Due to terrible management, this is not a company interested in retaining talent, or the success of their employees.

Many competitors focus on the customer's experience. You don't compete at that level and you will continue to lose until you do.

Fyck this company horrible horrible

Lack of accountability, stop retaliating and threatening behavior.

I was told coming aboard the directors monitor all in order to remove jobs, like a chopping block.

Better management to much micro management

The workflow in closing is backwards and always trying to catch up but never being able too. Too many rush files on top of already huge work load

What do you like best about your company?

There aren't any Outlook reviews of Newrez LLC yet.
Be the first to contribute a review.

What would you most like to see improved at your company?

There aren't any Outlook reviews of Newrez LLC yet.
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Review Sentiment at Newrez LLC

33
33%
67
67%

About Newrez LLC's Outlook

D-
47/100

Where This Score Ranks Newrez LLC's Outlook

BOTTOM
10%

In the Bottom 10% of 2020 similar size companies on Comparably

BOTTOM
10%

In the Bottom 10% of 30 companies in Trenton, NJ

?

Not enough ratings to compare against competitors

Newrez LLC's Outlook is scored a D- by 325 employee ratings based upon answers to questions such as “How confident are you about the future success of your company?” Newrez LLC's Outlook score negatively contributes to their overall culture score, due partly to the fact that the Operations department’s negative scores cause Outlook to be one of Newrez LLC's weaker culture attributes amongst employees. Use the filters below to understand Newrez LLC employee perspectives by Department, Gender, Ethnicity, and Experience. Last updated 22 days ago.

Rate Outlook the Highest

  • Department - Finance
    +21%
  • Ethnicity - Caucasian
    +18%
  • Experience - 6 to 10 Years
    +13%

Rate Outlook the Lowest

  • Ethnicity - African American/Black
    -10%
  • Department - Operations
    -5%
  • Experience - Over 10 Years
    +6%

How Newrez LLC's Outlook Score is Calculated

FILTER RATINGS BY

Results from 193 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

44
out of 100
How confident are you about the future success of your company?
AnswerPercent
Fantastic6%
Good21%
Neutral30%
Bad26%
Terrible17%
How do your customers perceive your company?
AnswerPercent
Yes42%
No58%
Are you typically excited about going to work each day?
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Rate your company