PennyMac Loan Services, LLC – Antiquated business and brutal company culture that has been sustained by the rate environment. Once they have to start originating their own mortgages, it will be game over for this dinosaur. | Comparably

PennyMac Loan Services, LLC – Antiquated business and brutal company culture that has been sustained by the rate environment. Once they have to start originating their own mortgages, it will be game over for this dinosaur.

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202

Antiquated business and brutal company culture that has been sustained by the rate environment. Once they have to start originating their own mortgages, it will be game over for this dinosaur.

O que está ruim e como pode melhorar?

Pennymac isn't known for service. We buy portfolios of loans and people get stuck with us.

Por que você se sente desvalorizado e o que faria você se sentir melhor compensado?

Pay is decent but the benefits are weak. The RSUs are basically worthless unless you're in the c-suite.

O que você gostou mais sobre a sua entrevista de emprego?

The interview process was pretty quick. Since HR doesn't really get involved in recruiting, you can hire as fast as your team is willing to move.

No que a equipe de líderes deveria melhor?

The executive team is mostly ancient people from Countrywide. If you didn't work with these people at Countrywide or BoA, they don't want anything to do with you.

Quais são algumas das melhores coisas da sua equipe?

I happened to be on a good team that was able to build our own mini culture to survive but when I look out on the other teams I just see misery.

O que precisa melhor na cultura da empresa?

They need to modernize across the board. Legcacy technology and systems makes even the most mundane tasks utterly brutal. The company squeezes pennies whenever it comes to any employee event or reward. The annual gifts are a bit of a running joke.

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