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10.08.25
Pennymac would like to remind clients that per Ginnie Mae requirements, eMortgage eligibility for government loans is limited to fixed-rate mortgag...
10.06.25
Please note the hours of operation for Best Efforts, Bulk and Bulk AOT Commitment Options:
10.03.25
Pennymac will update Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Monday, October 06, 2025 as follows:
Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Friday, October 10, 2025 as follows:
10.01.25
Pennymac is providing the following temporary guidance on policies that may be impacted by the federal government shutdown that began October 1, 20...
09.30.25
Pennymac will update Conventional and Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, October 1, 2025 as follows:
09.29.25
Fannie Mae has announced updates to limited cash-out refinance transactions. The changes are effective for new loan casefiles submitted and existin...
09.26.25
Pennymac will update Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Monday, September 29, 2025 as follows:
09.22.25
Pennymac will update Jumbo ARMs Max Price effective for all Best Efforts Commitments taken on or after Tuesday, September 23, 2025 as follows:
09.18.25
This is a reminder that the Freddie Mac BorrowSmart program is winding down for 2025. Pennymac has not received confirmation as to whether the Borr...
Pennymac will update Government LLPAs effective for all Best Efforts Commitments taken on or after Friday, September 19, 2025 as follows:
Pennymac Correspondent is excited to announce that we’re raising our GSE loan limits to $819,000, effective 09/19/2025.
09.16.25
Freddie Mac Bulletin 2025-12 announced that Freddie Mac will increase the maximum LTV/TLTV/HTLTV ratios to 95% for certain 2- to 4-unit mortgage tr...
On August 11, 2025, USDA announced an increase to the elderly family deduction. USDA guidelines permit applicants who are age 62 or older to benefi...
On September 8th, 2025, the USDA released the Fiscal Year 2026 Conditional Commitment Notice, announcing that funding for the USDA Rural Housing Lo...
