25-38: Updates to Conventional LLPAs

04/02/2025

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, April 07, 2025 as follows:

  • Update the structure of, and introduce a new footnote to, the ‘Fannie Mae Only Adjustments’ and ‘Freddie Mac Adjustments’ LLPA Grids.
  • Improve values on the ‘Fannie Mae Only Adjustments’ LLPA Grid.

Please contact your Sales Representative with any questions.