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
4.0
Oct 12, 2017
Recommend
CEO approval
Business Outlook

Pros

PennyMac has a strong company culture and they strive to continue to make it a great place to work. Always looking to improve their employee's experience and they really listen to the voice of their employees.

Cons

It would benefit employees to have a bit more work-life balance and/or the ability to work remotely.

1.0
Oct 11, 2017

Typical

Recommend
CEO approval
Business Outlook

Pros

You will get paid on time. That is about it.

Cons

Non existent upward mobility. Poorly run from the top down. Do not take care of employees. Same upper management as Countrywide Home Loans.

2.0
Oct 11, 2017
Recommend
CEO approval
Business Outlook

Pros

-Some what consistent schedule -Cafeteria where food is made -SOME enjoyable co-workers- -Reasonable pay -Your own desk -Fairly modern Facility

Cons

There are so many cons about working for this company! Lets start at, they give you unexpected over time and not just for a day or two maybe even a week...BUT FOR MULTIPLE WEEKS They take away full lunch breaks unexpectedly. They have supervisors that are never anywhere to be found or just dont want to help The supervisors all talk bad about every other employee You cant get a raise unless you move to a different position Supervisors belittle you Its nearly impossible to leave customer service and the supervisor positions are given out like free candy to freinds

Viewing 1384 - 1386 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.