23-20: FHFA Debt to Income LLPA Delayed


The Federal Housing Finance Agency (FHFA) today announced a delay to the implementation date of the DTI ratio-based fee until August 1, 2023.

As a result, Pennymac will update the Best Effort rate sheet effective for all Best Effort Commitments taken on or after Thursday, March 16, 2023 as follows:

  • Update the “DTI > 40%” LLPA to a zero value

Please contact your Sales Representative with any questions.