Pros
There are no pros on working at this place accept maybe "having a job"
Cons
Company is called PennyMac, but it is really old Countrywide. The relationships and practices are very similar to that culture. Employment practices are the worst, these are a bunch of greedy executives, trying to pay the least amount possible to their employees while they get full bonuses, stocks and very high salaries. They would change your title not your salary, they would cut your bonus even though your reviews had been terrific, you would not get a salary raise ever because they do not belive in salary raises. All this is done while the executives fly a corporate jet. Owner Stan has to sign every single raise however big or small it is, and he does not like signing.
