24-118: Updates to Conventional LLPAs and SRP

11/05/2024

Pennymac will update Conventional LLPAs and the SRP Grid values effective for all Best Efforts Commitments taken on or after Wednesday, November 6, 2024 as follows:

  • Improve value on the ‘Loan Balance Adjustments’ LLPA Grid.
  • Improve SRP values for the ‘Fixed 10/15 Yr’ on the ‘SRP – Conv’ tab.

Please contact your Sales Representative with any questions.