RUN AWAY - Vice President Newrez Employee Review

1.0
6 Sept 2018
Recommend
CEO approval
Business outlook

Pros

Incompetent? Bad leader? You’ll flourish!

Cons

Worst company ever. No vision, no planning, outdated, reactive business model — about 20 years behind the times. Complete lack of leadership from CEO and sr mgmt. Yet they keep promoting the same folks and getting the same results. Corp culture is toxic. The positive reviews are a tactic they use to push to the forefront (and they encourage posting good reviews). Execs blame staff and lower-level teams for their incompetence. And HR is worthless. They hire inexperienced family members; they fire folks at whim, without probationary periods, coaching or improvement plans. Most unethical, toxic company...If you’re an incompetent white male with no concept for how to succeed in today’s world, this place is for you.

Explore other reviews about Newrez

5.0
5 Jul 2026
Recommend
CEO approval
Business outlook

Pros

I get to work remotely. They have a good retirement plan/401K. I work autonomously with very little oversight, meaning there's no micromanaging. They are great with holidays and time off. Very inclusive and socially aware. Those are two reasons I've remained employed by them.

Cons

The salary is lower than preferred. I've worked two years with zero pay increase because "no pay increases for remoter employees". The health insurance is lacking and not fantastic, but I'm not sure that's really a con since nearly every health insurance plan in America is lacking.

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Newrez Response
3d
Thank you for sharing your feedback. We're glad to hear you value the time off and inclusive culture. We also appreciate your perspective on compensation and benefits. Feedback like yours helps us continue to evaluate and improve the employee experience.
2.0
1 Jul 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Great work/life balance - Awesome coworkers - Lots of opportunities to try new things and be innovative

Cons

- Senior leadership does not value remote workers and doesn't get to know them/engage with them - Frequently lays off remote employees, regardless of performance, achievements, or job role, sometimes without offering options to move or relocate. They also on occasion use underhanded tactics to pressure remote employees to leave so they don't have to pay out severance. Lastly, unless required by your state's law, they never pay out your remaining time off - If you start underpaid, you will remain underpaid even after promotions - Job performance does not impact yearly bonuses/increases. Pay doesn't keep up with inflation

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Newrez Response
3d
Thank you for sharing your experience. Your feedback matters, and we’ll make sure it’s reviewed by our team as we continue working to improve. We appreciate you taking the time to let us know your thoughts.
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