06/26/2024
Pennymac will update Conventional and Government LLPAs effective for all Best Efforts Commitments taken on or after Monday, July 01, 2024 as follows:
- Add new ‘Fannie Mae Only Adjustments’ LLPA grid to the ‘Conv LLPAs’ tab on the rate sheet.
- Remove ‘HomeReady’ LLPA from the ‘LLPAs by Product Feature for All Eligible Loans’ LLPA grid.
- Update values on the ‘Government FICO Price Adjustments’ LLPA Grid.
Please contact your Sales Representative with any questions.