As a former employee and reading all these reviews, they are all correct. PennyMac takes customers monies and puts them in their holding accounts to gain interest then applies them where needed and you need to fight them to get it corrected. Not only the customer has...Read more
This company is completely out of control! They sent me a escrow bill for 1600.00 when I talked to them about it they said the shortage was of a little over 200.00 but then explained that I needed to fund my reserve. I asked what reserve? The man explained that there...Read more
Pennymac - Awful experience super slow process
This was a very stressful way to buy. The loan officers ask paperwork they already had. The supervisor was like nothing. At the end we went with a different lender because they were so slow to get ready we had postponed the closing twice already!!! Wouldn’t recommend this lender to my worst enemy.
Unfortunately this pathetic company has my mortgage. I was involved in a motor vehicle accident and with my occupation I can't have any restrictions so I have been out of work in no pay status. I won't start receiving temporary disability for roughly 4 weeks so that's...Read more
All over the PennyMac website are links urging you to contact them if you're having trouble making your payment. My husband had been unexpectedly hospitalized and unable to work and we feel behind - and we (almost) fell for their loan modification scam. Like others on...Read more
Pennymac outsources their inspection services. They are not releasing our insurance money to repair our home after hurricane Harvey. The inspectors do not know how to interpret the claims adjusters report. They dont even try to contact my insurance company, RVOS. So...Read more
My mortgage was sold to this company, or I would not have chosen them given the reviews. Original mortgage amount was 225K. I paid 200K off the principal in 1 month leaving a balance of only 24K. I contacted them to have PMI removed and 3 weeks later, after 4 e-mails...Read more
trying to get title transfer to my name as my husband passed away 12-21-17. Have sent several documents to several people nobody knows what’s going on. Cameron Bryant doesn’t return phone calls. I’ve done everything right and asked of me but they all don’t have a clue....Read more
Well where do I start with penny mac, be late on house note and they pay local people to come hide and film you to made sure u are still living there, and now loss drafts department I think there previous jobs was used car sale person, dec.20 TORNADO hit my place took...Read more
- Some of the people are nice and have to lie
I didn't like
- There policy on paying contractors
I have investigated the Pennymac criminals who our the same criminals that ran Countrywide Financial that brought about the first financial crisis. Right now I am in federal court cleaning their clock with remand back to state court where in the same building in 2005 a...Read more
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