PennyMac - Lenders

About PennyMac

PennyMac is a residential mortgage company headquartered in Westlake Village, California, and was established in 2008. Its business centers on producing and servicing U.S. mortgage loans and managing investments related to the U.S. mortgage market. It is one of the lenders in California in this directory. The company operates through two subsidiaries: PennyMac Loan Services, LLC, and PNMAC Capital Management, LLC. The second manages the PennyMac Mortgage Investment Trust, a mortgage REIT whose shares trade on the NYSE under the symbol PMT, and the trust is included among publicly traded financial services stocks. Its production work runs through three channels: correspondent lending, broker direct, and consumer direct. Although its name may suggest a link to government-sponsored enterprises such as Freddie Mac and Farmer Mac, it is a private-sector entity. In 2025, Scotsman Guide named the company the top overall mortgage lender and top correspondent lender. Bankrate and CNBC ranked it fourth among the largest U.S. mortgage lenders by direct loan origination volume. The company's risk management is overseen by its board and a Risk Committee, and it reports on its environmental, social and governance practices. Readers can compare it with other US lenders in the directory.

Key Facts

Established

2008