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3.3
6 ratings
3.7
Salary & Benefits
3.2
Professional growth
3.0
Work-Life balance
3.2
Recognition & Support
3.3
Culture & Values
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PennyMac Loan Services is a residential mortgage start-up company that organizes its business through a consumer-direct model, operating through its internet and call centre staff to interact with consumers globally. PennyMac was founded in 2008 employing just 72 associates with three overarching principles: to be accountable, Reliable, and Ethical, and is headquartered in Westlake Village, California, United States. The firm provides a wide range of services to consumers like its Broker Channel, dedicated to providing first-class service and innovative solutions to help brokers succeed and grow in this competitive market, its Correspondent Channel which specializes in the acquisition of newly originated US residential home loans from small mortgage lenders, and a Investor relations which focuses on investing mortgage-related assets with a record of growth. The company has over 6,200 dedicated employees enjoying many work benefits with competitive compensation, discretionary bonuses, potential stock options, vitality wellness program, and medical benefits.

Company - Public
Large
Multiple locations
Investing Companies, Financial Transactions Processing / Reserve / Clearinghouse Companies, Consulting Companies
2008
What departments PennyMac Loan Services, LLC employees work at?
DepartmentsRatio
other occupation39.4%
Credit / Loan13.8%
Financial Analysts and Advisors10.2%
Computer / IT - Other8.2%
Chief Executives7.9%
Management - Other7.2%
Administrative - Other5%
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See what companies are similar to PennyMac Loan Services, LLC
Commercial Banking Companies
Large size
Credit Intermediation Companies
Large size
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Team

Professional experience

How many years of experience do PennyMac Loan Services, LLC employees have before joining?
Years of experience at PennyMac Loan Services, LLC: Newcomers: 16%, Experiencers: 16%, Experts: 20%, Veterans: 48%. PennyMac Loan Services, LLC employees have 8+ years experience on average before joining.
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Where did PennyMac Loan Services, LLC employees work before joining?
Where they've worked before PennyMac Loan Services, LLC: Amgen, Bank of America, Capital One. Typical PennyMac Loan Services, LLC employees have worked at Amgen.
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Amgen
Bank of America
Capital One
What industries did PennyMac Loan Services, LLC employees work in previously?
Industry Background: The most typical industries of PennyMac Loan Services, LLC: Commercial Banking Companies, Insurance Agency & Brokerage Firms, Investment Banking & Securities Brokerage Firms, Finance & Insurance Companies, Consulting Companies. PennyMac Loan Services, LLC employees most likely come from a Commercial Banking Companies industry background.
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Where did PennyMac Loan Services, LLC employees work before joining?
Past employers' size at PennyMac Loan Services, LLC: Small: 20%, Medium: 13%, Large: 67%. Most PennyMac Loan Services, LLC employees have previously worked at large companies.
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Educational background

What did employees at PennyMac Loan Services, LLC study?
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Where did employees at PennyMac Loan Services, LLC study?
California State University-Northridge
Moorpark College
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Employee data

How long do people stay in a role at PennyMac Loan Services, LLC?
Time employed at PennyMac Loan Services, LLC: <1: 12%, 1-3: 40%, 4-8: 45%, 9-13: 3%, 14-20: 0%, 20+: 0%. Most PennyMac Loan Services, LLC employees stay with the company for 4-8 years which is the same as the industry average.
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How does PennyMac Loan Services, LLC rank for age & gender diversity?
Gender ratio at PennyMac Loan Services, LLC: 62.2% Male and 37.8% Female. Age ratio at PennyMac Loan Services, LLC: 16-20: 0%, 21-30: 36%, 31-40: 37%, 41-50: 19%, 51-60: 6%, 60+: 2%. PennyMac Loan Services, LLC rates - 5.2% less female than the industry average. Most PennyMac Loan Services, LLC employees are 31-40, which is on par with the industry median age range.
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Career advancement

How does PennyMac Loan Services, LLC rank for career advancement?
Career advancement at PennyMac Loan Services, LLC: medium. PennyMac Loan Services, LLC ranks medium for career advancement which is above the industry average.
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What companies do PennyMac Loan Services, LLC employees go on to work at?
Future employers of PennyMac Loan Services, LLC: Bank of America, Caliber Home Loans, Capital One, Guild Mortgage, Mr. Cooper. People who work at PennyMac Loan Services, LLC most typically go on to work for the Bank of America.
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Bank of America
Caliber Home Loans
Capital One
Guild Mortgage
Mr. Cooper