Bullies and hypocrites, DO NOT WORK FOR THEM, rather collect unemployment benefits than to work for those people - Anonymous employee PENNYMAC Employee Review

1.0
19 Jun 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

no pros, no reason to work for them, nothing, nada

Cons

Very poor management starting from supervisors all the way up to executives. Full of bullies, couple of young bullies who need to impress the senior bullies, no help from HR, many extra work hours with no overtime pay or equivalent PTO, so called VPs that don't have the basics of management, no intellectual skills, no respect for employees, they lie during the hiring interviews, inappropriate comments made to employees, use of illegal substances. DO NOT use their apps on your personal devices (phone, laptop, PC etc) if it happens to work for them

Explore other reviews about PENNYMAC

5.0
18 Nov 2025
Recommend
CEO approval
Business outlook

Pros

Amazing people and great culture

Cons

My drive to work is long but its is a great place to work so it is worth the drive.

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PENNYMAC Response
6mo
Thank you for taking the time to share your thoughts on our company. We appreciate your honest feedback along with the pros and cons you mentioned. Our company values open communication, and we take your advice seriously. We will continue to listen to our employees' feedback and work towards improving our communication channels. Once again, thank you for your honest feedback, and we look forward to continuing to learn and grow with you.
1.0
31 May 2026
Recommend
CEO approval
Business outlook

Pros

Snacks and you can wear jeans.

Cons

LOW PAY even if you have 20 years of experience and educated. Location. Commute. NO Hybrid options at all unless you came during a specific time period of the company or if you are a manager. If you are an African American be aware that you will be micromanaged more than anyone else. Benefits are expensive and unaffordable.

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