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
Dec 12, 2015

Senior Underwriter

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great people to work with.

Cons

No policy for work flow.

2.0
Nov 27, 2015
Recommend
CEO approval
Business Outlook

Pros

Reasonable compensation and you could leave work at work.

Cons

The pros are short lived once they try to heavily dock your commissions and once your forced to check emails at home to keep up with your volume. Micromanaging just to micromanage. I don't mind being micromanaged if you're going to bring out the best in me, but this is far from the intent. Unless you are extremely desperate, OCD when it comes to organizational skills, great on the phone and knows finance inside out, then keep looking. Did I mention desperate?

1.0
Nov 13, 2015
Recommend
CEO approval
Business Outlook

Pros

Hiring process is quick but you soon find out why when you start working there.

Cons

I would rate this as the worst place to work. The management is ghetto, rude, they are not understanding if you have a family emergency and upper management has even advised you could possibly be fired if you don't come when there is ice on the ground. They have system problems regularly and make errors monthly that the associate has to cover up for . This company is probably only the best place to work if you in California.

Viewing 1480 - 1482 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.