PENNYMAC reviews

3.0

46% would recommend to a friend

(1,563 total reviews)
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David Spector

52% approve of CEO

46% positive business outlook

PENNYMAC has an employee rating of 3.0 out of 5 stars, based on 1,563 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
5.0
Nov 26, 2023
Recommend
CEO approval
Business Outlook

Pros

Learning for new comers until 5 years

Cons

Politics sometimes can get you frustrated .

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PENNYMAC Response
2y
We're delighted to hear that you enjoyed working with our team at Pennymac. We strive to create an environment that fosters growth, collaboration, and transparency. It's heartening to know that you felt you were trained well and enjoyed your work. At Pennymac, we value all our employees and aim to provide them with growth opportunities. While we acknowledge the limitations that some roles may have, we're constantly striving to improve and enhance our employee development programs. Thank you for your willingness to learn and grow with us. We appreciate your contribution to our team and wish you all the best in your future endeavors.
3.0
Nov 20, 2023

Sales

Recommend
CEO approval
Business Outlook

Pros

Good for entry level to learn business.

Cons

A lot of micro managing going on here.

4.0
Nov 20, 2023

Good experience

Recommend
CEO approval
Business Outlook

Pros

Experience, decent PTO. 401k vests immediately.

Cons

Can take awhile for promotion

Viewing 268 - 270 of 1,563 Reviews

Glassdoor has 1,679 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.