Newrez LLC – It's fine, but there's very little professional development opportunity. Seems like HR tacks on "benefits" to be like larger companies, but they don't do the core things, like helping create a company that provides value outside of a paycheck | Comparably

Newrez LLC – It's fine, but there's very little professional development opportunity. Seems like HR tacks on "benefits" to be like larger companies, but they don't do the core things, like helping create a company that provides value outside of a paycheck

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
216
TOTAL
RATINGS
1768
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It's fine, but there's very little professional development opportunity. Seems like HR tacks on "benefits" to be like larger companies, but they don't do the core things, like helping create a company that provides value outside of a paycheck

What do you like best about the leadership team?

Not much to like. They rarely interact with individual employees, and no useful information filters down.

What is most positive about the culture and environment at your company?

There's a lot of good will and genuine caring for others at the company. Everyone wants everyone to succeed (for the most part)

Why do you feel undervalued and what would make you feel better about your compensation?

I know that I'm paid at about 80% of the market rate. I also feel completely overworked all the time. Bringing my compensation up to the industry average (or above) and hiring more people to distribute work would make the job seem reasonable.

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