Newrez LLC – Worst job I ever had. No regard for life-work balance | 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
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Worst job I ever had. No regard for life-work balance

What needs to change to make the company culture better?

Better work flow and sell accurate turn times

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

More pay because the work load is overwhelming

What does the leadership team need to get better at?

Everything in the closing department

What did you like most about the interview process?

Easy to talk to and sold the company well. Although it was lies, I bought it

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

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

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