PENNYMAC reviews

Nepotism runs rampant. Managers in the tax department sleep around with each other and hire and promote their friends from past employers. Everyone higher up is related to someone either by blood or marriage. The Nepotism is horrendous and the vibe is very high school clique. "Yes" people get promoted yet complain about their management. Management makes up their own way of how things should be processed without consulting the actual employees doing the work. The company is a joke and human resources does nothing to investigate the horrible management even when entire departments quit. Toxic environment and raises are not given unless you are promoted and are friends with management. Managers also let the friends they hired take 2 hour lunches and give them minimal work.