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

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
Mar 30, 2022

Caution

Recommend
CEO approval
Business Outlook

Pros

Quarterly Bonus were given and the opportunity to work from home during the pandemic was a plus.

Cons

*Over hired for the amount of work and due to that laid-off recently in March with no notice to leadership so they could prepare *Did not listen to lower-level leadership *When the lay-off was delivered no empathy at all just a 6 min zoom meeting, no Q&A period *Senior leadership stuck to same ways company has always run and not willing to change or develop new ways of thinking. *Team members are expected to follow a harsh schedule while on the phones with only 2 - 10 min breaks that are assigned to them

4.0
Mar 20, 2023
Recommend
CEO approval
Business Outlook

Pros

*Great package and good work-life balance. *Paid sick leave

Cons

*Worked from canada since it was a transfer job.

3.0
Feb 8, 2023

Low pay

Recommend
CEO approval
Business Outlook

Pros

Not sure what to say

Cons

The pay is not goodLow pay

Viewing 1552 - 1554 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.