PENNYMAC reviews

3.0

44% would recommend to a friend

(1,560 total reviews)
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David Spector

51% approve of CEO

46% positive business outlook

PENNYMAC has an employee rating of 3.0 out of 5 stars, based on 1,560 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
Nov 30, 2017

Good people and great place to work, but...

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The people that you deal with on a daily

Cons

Middle Management and Leadership is not great at communication nor do they foster culture of wanting to hear the "truth" if it could affect goals. The pay is way incredibly below market value (< 30%) for Southern California. Nor is the opportunity for career advancement.

5.0
Nov 28, 2017

Great Environment

Recommend
CEO approval
Business Outlook

Pros

Managers are friendly and receptive.

Cons

Slow growth with promotions but can get there if persistent.

2.0
Nov 19, 2017
Recommend
CEO approval
Business Outlook

Pros

Standard paid position for department per job market standards. Willingness to improve internal workflows and protocols. Room to improve upon Corp standards.

Cons

Direct incidents of violations of the internal employee handbook Corp Anti-harassment policy and procedure. Violations of federal law. Incidents of verbal abuse and harassment btw internal employees during training.

Viewing 1360 - 1362 of 1,560 Reviews

Glassdoor has 1,675 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.