On January 11, 2023, Pennymac published, Reminder: New Version of 4506-C Form. We’ve received feedback from clients indicating that many document providers have not begun the use of the new version of the 4506-C form.
As a result, Pennymac is revising the guidance as follows:
While use of both the old and new versions of the 4506-C form is allowed on and prior to 2/28/2023, Pennymac is encouraging our clients to use the new version as soon as it’s available.
Mandatory use of the new 4506-C version is required with loans delivered on or after 3/1/2023.
All the other guidance provided in the original announcement remains in place.
Please contact your Sales Representative with any questions.