Outdated browsers can expose your computer to security risks. To get the best experience, you'll need to download a newer browser.
Get delegated announcements via email:
Filter announcements by year and month
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
January
Febuary
March
April
May
June
July
August
September
October
November
December
10.01.24
Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, October 2, 2024 as follows:
09.30.24
Starting January 1, 2025, Pennymac is raising the required Tangible Net Worth (“TNW”) for all delegated correspondent Clients to $2.5 million.
Available immediately but effective with mortgage applications dated on and after October 7, 2024, Fannie Mae added guidance clarifying requirement...
09.27.24
Effective immediately, Advantus and Credit Plus have been removed as eligible vendors for 4506-C purposes. Both Advantus and Credit Plus were prev...
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, September 30, 2024 as follows:
09.25.24
Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Thursday, September 26, 2024 as follows:
On June 5, 2024 Fannie Mae and Freddie Mac announced that builder standby/builder forward commitment fees are not subject to Interested Party Contr...
Available immediately but required and effective for mortgages with note dates on or after November 8, 2024, the following income underwriting and ...
09.23.24
Effective for FHA casefile numbers assigned on or after November 4, 2024 and announced in Mortgagee Letter 2024-13, FHA is expanding the 203(k) pro...
Per the Fiscal Year 2025 Conditional Commitment Notice released September 9, 2024, funding for the USDA Rural Housing Loan Program will be temporar...
09.19.24
The Pennymac AUS Jumbo product profile is being updated with the following clarifications effective for applications dated on or after September 19...
09.17.24
Available immediately but required and effective for note dates on or after November 1, 2024, Fannie Mae and Freddie Mac have published state-speci...
09.16.24
Pennymac Correspondent is excited to announce that we’re raising our Conventional loan limits to $795,0001 for all commitment types, effective 09/1...
09.13.24
Effective immediately, Pennymac is aligning with the updates announced in Fannie Mae SEL 2024-05 related to rent credits with an option to purchase...
Effective immediately, Pennymac is aligning with updates announced in Freddie Mac Bulletin 2024-10 for the calculation of fluctuating hourly employ...
