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Pennymac Tops 2026 Scotsman Guide; Kiavi Leads Fix-Flip

6/2/2026

26 5 Full Breakdown

Summary

Story summary

The 2026 Scotsman Guide ranking shows the top 95 lenders originated over $750 billion in mortgages for 2.1 million households in 2025.
Pennymac of Westlake Village, California, topped overall, wholesale and correspondent categories with $146.1 billion in volume and 388,727 closed units.
Kiavi of Pittsburgh led the new Top Fix & Flip Lenders category, ranking as the top private lender with 23,986 units and $7.6 billion in volume.

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Story summary

The 2026 Scotsman Guide ranking shows the top 95 lenders originated over $750 billion in mortgages for 2.1 million households in 2025.
Pennymac of Westlake Village, California, topped overall, wholesale and correspondent categories with $146.1 billion in volume and 388,727 closed units.
Kiavi of Pittsburgh led the new Top Fix & Flip Lenders category, ranking as the top private lender with 23,986 units and $7.6 billion in volume.