01/21/2025
Pennymac will update Government LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, January 22, 2025 as follows:
- Remove the ‘VA IRRRL >1.5MM, >90% LTV’ LLPA from the ‘VA Other Price Adjustments’ LLPA Grid.
- Add new ‘VA > $2MM’ LLPA to the ‘VA Other Price Adjustments’ LLPA Grid.
Please contact your Sales Representative with any questions.