Experiences with PennyMac (agent, mortgage, mortgage, price)

[lilhippie1]

Hey Everyone!

We just put in an offer today on a PennyMac foreclosure. Does anyone have any experiences dealing with them? Good, bad, indifferent? I'm just curious as to what we might expect. The house has been on the market for several months, dropped in price earlier this month and is still sitting there.

Thanks!

[PennyMac Home Loan Team]

Hi, this is the PennyMac home loan team. I hope your offer went well with us. Most customers have found that we'll more nimble than many companies in helping people get into our REO properties. The listing agent should be able to answer any questions you may have about the property. Let us know how it goes!

[Pfhtex]

PennyMac is run by ex-Countrywide upper management.

I just deleted a massive post.

[amit87]

PennyMac is full of scumbags....their service people, their executives and pretty much everyone who works in CA and in the India office are corrupt. The india office is a cesspool. PennyMac spreads untrue rumors about our government and law makers who oppose their corruption. They spend a lot of money on this effort. They all got rich in the last trillion dollar bailout and are looking to do another get rich quick mortgage scam on America ...so they are lobbying hard to remove all regulations. These are not people you want to do business with. They are like the Mafia....by the way I suggest you google how many banking disasters were mafia started. Anyway, it is not just about taking your money/house... PennyMAC hates America so they are worse then the Mafia.