06/02/2023
PennyMac will be expanding the “GNMA eNote Indicator” field to include Conventional loans for Bulk bid tapes received on or after Monday, June 12, 2023. The field name will also change from “GNMA eNote Indicator” to “eNote Indicator”.
New Field Name | Old Field Name | Acceptable Values |
---|---|---|
eNote Indicator (Conv & Govt loans) | GNMA eNote Indicator (Govt loans only) | Y or N |
Bid tapes not containing this required field on or after the effective date may be subject to a price adjustment post loan delivery, if applicable.
Please contact your Sales Representative with any questions.