PENNYMAC reviews

3.0

46% would recommend to a friend

(1,561 total reviews)
avatar

David Spector

52% approve of CEO

46% positive business outlook

PENNYMAC has an employee rating of 3.0 out of 5 stars, based on 1,561 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
3.0
Jul 27, 2024
Recommend
CEO approval
Business Outlook

Pros

Compensation is good when you can convert on the sales.

Cons

Demoralizing when you don't convert on the sales. Not much support to help one improve.

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PENNYMAC Response
1y
We are sorry to hear about your experience in our workplace. We assure you that it is never our intention to create a stressful work environment for any of our employees. However, we appreciate you sharing your feedback with us, as it allows us to improve and make necessary changes for the benefit of our team members. We want to emphasize that we value the well-being of our employees. We understand that everyone operates differently and have personalized needs, and we try our best to accommodate those needs while still accomplishing our business goals. Nevertheless, we are continually looking for ways to make our workplace more amenable, so employees can come to work feeling fulfilled and engaged. Our company aims to learn from past mistakes and find better solutions because of them. Thank you for taking the time to write this review, and we wish you the very best in your future endeavors. If you decide you want to express more, please feel free to email our team: employeerelations@pennymac.com
4.0
Jul 26, 2024

Good place for growth

Recommend
CEO approval
Business Outlook

Pros

Had the opportunity to grow with management

Cons

Too much work during long projects

1.0
Jul 17, 2024

Avoid

Recommend
CEO approval
Business Outlook

Pros

It is a paying job

Cons

They discontinued allowing remote work.

Viewing 160 - 162 of 1,561 Reviews

Glassdoor has 1,676 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.