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      PENNYMAC

      Engaged Employer

      PENNYMAC reviews

      3.0

      44% would recommend to a friend

      (1,560 total reviews)
      avatar

      David Spector

      51% approve of CEO

      46% positive business outlook

      Ratings by demographic groups

      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
      2.0
      Sep 21, 2015

      At least Coutrywide paid you well and shared the profits

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Location, it is just mortgage not a bank (but that comes with a cost as well)

      Cons

      Very little investment in the advancement of current associates or in technology. The money they did spend was used with a very closed mind saying well only 300 customers are complaining out of all the customers. Tracking is not absolute and when all 300 + customers have the exact complaint shouldn't they be listen to? You will work almost every holiday if you in any way fall under the Customer Service Dept. Insurance for employee and child is $500 a month

      4.0
      Sep 20, 2015

      Summer Internship

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Structured intern program, with uniquely assigned projects. Large amount of exposure to SVP's and Chiefs

      Cons

      Some days were slower then others and would have enjoyed having more work.

      1.0
      Sep 1, 2015

      Poor management and played favorites

      Business ops analyst ii
      Recommend
      CEO approval
      Business Outlook

      Pros

      There are no Pros unless you're part of the "Favoritism" group. They tend to play favorites.

      Cons

      1.) No merit increase 2.) Managers play favorites 3.) My direct supervisor ran an analytics team without knowing anything. A lifeguard who couldn't swim. 4.) Did not care what you had to say unless you're part of the "Favoritism" group. 5.) Only gave a lot of attention(flirtatious) to the female on the team. 6.) All the good analyst left for another job due to toxic team member and managers 7.) How can they evaluate how good your skills are if they don't know the skills themselves??? It's like giving a grade in Calculus when you don't even know how to do Algebra.

      Viewing 1489 - 1491 of 1,560 Reviews
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      ReviewsPENNYMAC 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.