PENNYMAC reviews

3.0

46% would recommend to a friend

(1,562 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 1,562 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
Dec 18, 2017

Correspondent Customer Service Rep

Recommend
CEO approval
Business Outlook

Pros

Smartest Management Team in the business. Perfect at executing executing a customer experience. Compensation was fair when there in a smaller market size. Solid training in varying departments.

Cons

Smartest Management Team in the business. No opportunity to grow. Compensation is limited when the market up, margins are wide and shareholder returns are yielding favorably.

5.0
Dec 15, 2017

Sales Manager

Recommend
CEO approval
Business Outlook

Pros

Plano is a new site with lots of opportunity for growth and career advancement. PennyMac believes on promoting from with in! Compensation plan is very aggressive. Great culture and benefits.

Cons

Some of the systems we use can use updating. PennyMac is currently in the process of advancing our technology to make our daily activities easier and add more automation to the process benefiting both internal and external customers.

5.0
Dec 13, 2017

Opportunity Advancement

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I have been with PennyMac for 5 years in Consumer Direct Lending. I have worked extremely hard in my time here but I have been rewarded by being promoted twice. PennyMac is a true meritocracy...if you work hard it will not go unnoticed!

Cons

I don't have a lot to say here but I think we need to make sure good employees do not leave for other companies.

Viewing 1357 - 1359 of 1,562 Reviews

Glassdoor has 1,677 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.