Skip to contentSkip to footer
      employer cover photo
      employer logo
      employer logo

      PENNYMAC

      Engaged Employer

      PENNYMAC reviews

      3.0

      46% would recommend to a friend

      (1,564 total reviews)
      avatar

      David Spector

      52% approve of CEO

      46% positive business outlook

      Ratings by demographic groups

      PENNYMAC has an employee rating of 3.0 out of 5 stars, based on 1,564 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
      Mar 16, 2022

      Laid off

      Data scientist
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good team. Nice people. Good Pay

      Cons

      They hired a lot of people recently in the team. And then laid people off. Why were they hiring in the first place?

      avatar
      PENNYMAC Response
      4y
      We acknowledge that layoffs are difficult. We're actively working to help former employees secure positions that match their skills and interests.
      5.0
      Mar 9, 2022

      From LO in port 2 years later SM for NCA in Nashville

      Sales manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      I've been in the industry for 10 years this april (2022) working in purchase, builder and now call center refinances. Pnmac is a compliance company that also happens to originate loans. The LO comes first and it funnels down to mgmt. As a Sales manager of a team of 9 LO's I can tell you we take very good care of our staff. Even in the changing market PNMAC is big enough to have great rates to offer and small enough to be mobile and navigate the market. Pay is excellent as are the benefits

      Cons

      It may shock some folks out there but you actually have to work for your income here. Don't get me wrong everyone employed here makes a great wage but the ones that make the big dollars all have the same thing in common; They work harder and smarter than those that don't

      1.0
      Feb 6, 2022

      Egocentric, belittling leaders who demand unreasonable, unmanageable workload

      Project manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      I tried to come up with a positive thing to say; the only thing I can think of is they do a thorough exit interview, likely due to a lot of experience in doing them.

      Cons

      The environment is toxic. Leaders snipe at each other from the top, make siloed decisions, there is an utter lack of transparency, they are dishonest with partners, and there is no ownership of issues. They have unreasonable expectations founded on self-imposed deadlines, and there is misrepresentation of results.

      Viewing 250 - 252 of 1,564 Reviews
      Related searches: PENNYMAC jobs | PENNYMAC salaries | PENNYMAC benefits | PENNYMAC interviews
      ReviewsPENNYMAC reviews

      Glassdoor has 1,680 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.