23-21: Update to FHFA Debt to Income LLPA


On March 15, 2023, the Federal Housing Finance Agency (FHFA) announced a delay to the implementation date of the DTI ratio-based fee until August 1, 2023.

Pennymac published Announcement #23-20 addressing the removal of the DTI ratio-based fee effective for all Best Effort Commitments taken on or after March 16, 2023.

As your Partner, Pennymac will also credit the DTI ratio-based fee on all open Best Effort commitments as of March 15, 2023.

Please contact your Sales Representative with any questions.