24-88: Updates to Conventional & Government LLPAs

08/26/2024

Pennymac will update Conventional & Government LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, August 27, 2024 as follows:

  • Improve values for the ‘2nd Home Additional’ LLPA on the ‘LLPAs by Product Feature for All Eligible Loans’ LLPA Grid.
  • Improve values for the ‘Investment Additional’ LLPA on 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.