PennyMac Employee Job Reviews in the United States

"I worked for pennymac as a contractor. The company overall is very good. Sad my contract has ended after the completion of the assignment."

"I have worked with PennyMac as a contractor for the past couple months and I love my coworkers, however, the growth in the company is minimal and contractors do not know if they will have a job at the end of their contract or not even when the hire on mark has passed."

"I haven't felt that this company would be attractive to any single applicant, mostly average in terms of the work life balance and people ask to work more than should be expected."

"I worked for PennyMac temporarily and really enjoyed the time I worked there. The company has a positive environment and the management is helpful and knowledgeable. My coworkers were helpful and very hard working and pleasant to work with."

"Overall a good company to work for it's very fast-paced and it teaches you a lot in a short amount of time. I think the company can do better as far as team management and some of their training styles it would help if they were able to be a little more flexible to accommodate every style of learning. No two people learn or process things I like."

"I’ve worked for PennyMac for five years and it has been great. I cherish the relationships I’ve developed throughout my tenure with company. Even though my experience has been great, I look forward to my next challenge with underwriting."

"I’ve been working at Penny Mac for the past year and although it is a good company to work for, they are not a proactive company. They only react to issues after they arise which I feel will ultimately be the downfall of the company."

"Decent starting salary until you realize the heavy workload! To put icing on the cake you only get your bonus quarterly and by then it will be the bare minimum forget about validating their numbers."

"Please find another company instead!"

"This company is good for starting your career."

"compliance function as well as broad experience in evaluating, structuring and underwriting all aspects of credit transactions Consumer Mortgage & commercial banking professional with broad experience in the loan review, underwriting and. Well developed expertise and formal training related to FHA, FNMA and FMLMC, VA Mortgage Underwriting and Examinations, as follows: ? Residential mortgage underwriting policies and procedures, investor guidelines and regulatory frameworks. ? Complex credit analyses relating to underwriting processes and compliance reviews that ensure the accuracy and completeness of transactions performed under tight timelines and in conformance with bank procedures. ? Direct experience developing and reviewing Appraisals, and an understanding of complex tax documentation. ? Relationship management with customers and business partners on loan decisions and underwriting guidelines. ? Familiar with LP and DU underwriting processes."

"I worked for PennyMac since 2018 it been nice and benefits are average"

"Great ty always great experience"

"Not applicable specifically for me"

"Nice work culture, good opportunity , good work, nice team work. The lifestyle of workplace environment is good."