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
1.0
May 2, 2024

Walk with Caution

Recommend
CEO approval
Business Outlook

Pros

Stable job, but not a long term option for growth

Cons

Hostile Work Environment and Management doesn't conduct 1 on 1 follow ups.

1.0
Apr 29, 2024
Recommend
CEO approval
Business Outlook

Pros

Coworkers were kind and helpful for the most part.

Cons

First off if you work at an office with less visibility to management, good luck getting any recognition, much less a promotion, no matter how impactful you are. Management plays favorites so hard it’s comical, and also near impossible to survive the micromanagement. If you don’t stroke management’s ego to some degree, all you’ll get is empty promises of advancement. After the tech work streams were gutted and RTO was enforced, it’s like everyone’s morale died out. Not to mention the turnover, most folks would stay for a maximum of 3 years before they get fed up with being treated like this and leave.

Viewing 193 - 195 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.