PENNYMAC reviews

3.0

46% would recommend to a friend

(1,563 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 1,563 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
Jul 15, 2015

Former Employee

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Company cafeteria was good, was laid off was told staff was hired too fast

Cons

IT support was horrible, desktop was slow hard to work and internet was always down. Made my job hard to do when applications were not available

4.0
Nov 2, 2014
Recommend
CEO approval
Business Outlook

Pros

Competetive pay. Great hold over job until something else comes available. Very stressful never ending changes. Other positions are long term. Avoid customer service and research and you will be fine within the company.

Cons

Customer service has a low ceiling for growth only a select few of managers will help you. Manager selection was based soley on past relationship and not managerial skills and mind set. Floor managers in customer svc are very unprofessional and takes offense if you ask them a question. They are very condescending in customer svc. I hope this review helps someone make the right job choice if you have options. Negative atmosphere.

3.0
Sep 30, 2013

Conservative environment with weak benefits

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Many excellent people working here - committed, intelligent, experienced. Onsite cafeteria is a huge perk.

Cons

Insufficient benefit incentives. Conservative culture. Obvious divide between the high visibility, more privileged departments and the rest of the company.

Viewing 202 - 204 of 1,563 Reviews

Glassdoor has 1,679 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.