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03.24.25
As announced in Fannie Mae Selling Guide Announcement 2025-01, Fannie Mae is expanding eligibility for hybrid appraisals. This change is effective ...
Pennymac has updated our AUS Jumbo program with several key changes, effective with new applications dated on or after 3/24/2025. These updates are...
03.21.25
As previously communicated in Pennymac Announcement 25-23, Pennymac announced Freddie Mac changes to flood insurance premium calculations. Please b...
As announced in FHA Info 2025-10, FHA issued a temporary partial regulatory waiver and related Single Family Housing Policy 4000.1 wavier to its Mi...
03.19.25
As announced on March 18, 2025, the Single-Family Housing Guaranteed Loan Program (SFHGLP) terminated the temporary authority that allowed some non...
03.17.25
As announced in Freddie Mac Bulletin 2025-1, Freddie Mac is updating their requirements for Automated Collateral Evaluation (ACE) and Automated Col...
As announced in Freddie Mac Guide Bulletin 2025-1, Freddie Mac has added flexibility to its requirements for rental income from a non-subject inves...
03.12.25
Effective with new applications dated on or after 04/01/25, Freddie Mac is updating their Selling Guide to require that when a borrower is an autho...
03.07.25
Pennymac is aligning with Ginnie Mae requirements for Consolidated, Extension, Modification, & Agreement (CEMA) loans and have updated our guidelin...
In conjunction with FHA ML 2025-04, Pennymac will allow rental income from boarders to qualify for an FHA- insured mortgage, subject to the require...
02.28.25
As announced in Freddie Mac Bulletin 2025-01, Freddie Mac previously updated Loan Prospect Advisor (LPA) to assess rent payment history in the cred...
As previously communicated in Announcement 24-82, Pennymac announced Freddie Mac changes to flood insurance premium calculations.
Effective Monday, March 10, 2025, Pennymac will be updating the Best Effort rate sheet to add new Conventional Spec Base Pricing Grids, and retire ...
02.25.25
Pennymac will update Conventional and Government LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, February 26, 2025 as...
02.20.25
In Selling Guide Announcement 2024-07, Fannie Mae announced revisions to their eligibility requirements for properties subject to leasehold estates.
