PennyMac Financial Services has just opened its new location in Right to Work Phoenix, Arizona. So what does this mean? Well, sure, more people will have better access to the mortgage company, but what’s really exciting are the job prospects. The company is now hiring, and they plan to hire up to 375 new employees. So this will be great for the economy! This shows how Right to Work supports the economy by supporting businesses which then create new opportunities for workers.
From Area Development Magazine:
“PennyMac holds a strong position within the mortgage industry because of the breadth of services that we provide to our extensive customer base. […] Our innovative work-flow combined with the strong talent available in Phoenix will allow us to recruit top performers and provide industry leading customer service.”
Throughout the COVID-19 pandemic state officials said PennyMac has increased hiring efforts to address the elevated demand for mortgage originations. The company’s development provides needed services to customers and extensive growth opportunities for employees too.
“This project will bring hundreds of new high-value career opportunities to Arizona, which is already home to the second-largest concentration of financial services jobs in the nation.”AREA DEVELOPMENT MAGAZINE
To read more updates on Right to Work states, click here.