PENNYMAC reviews

3.0

46% would recommend to a friend

(1,562 total reviews)
avatar

David Spector

52% approve of CEO

46% positive business outlook

PENNYMAC has an employee rating of 3.0 out of 5 stars, based on 1,562 company reviews on Glassdoor which indicates that most employees have an average working experience there. The PENNYMAC employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

2K reviews
3.0
Jun 12, 2020

Messy Process

Recommend
CEO approval
Business Outlook

Pros

Relaxed environment, managers are understanding of the high workload and expectations. There is also room to grow either by moving up, or moving to a different department.

Cons

The process is set up to make the HLS fail. We take inbound calls during entire our shift, but have to race against the calls to make outbound calls to our own customers. The metrics are the same as a customer service based job, but this is a processing role. The suggestions are to work your own files on overtime during the nights and weekends so there is no real work/life balance. When we talk to the customers, they complain that they can’t get in touch with their own rep, but their rep is on the phone with someone else’s customer who dialed in and got to them first. We need a dedicated inbound customer service team.

Viewing 1234 - 1236 of 1,562 Reviews

Glassdoor has 1,677 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.