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10.31.23
Effective immediately, Pennymac will no longer accept VA adjustable-rate mortgages (ARMs) with temporary buydowns.
10.27.23
Pennymac is aligning with the updates announced in Fannie Mae SEL 2023-08 and SEL 2023-09. The updates include but are not limited to the following...
10.23.23
Pennymac will update Conventional & Government LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, October 24 2023 as follows:
10.16.23
As part of our commitment to maintain the highest quality and security of our client’s data, Pennymac will begin to use Multi-Factor Authentication...
10.10.23
Pennymac Correspondent is excited to announce that we’re raising our Conventional loan limits to $750,000, effective Wednesday, October 11, 2023.
In the event of a government shutdown, Pennymac is providing the following temporary guidance to address issues that may arise during the governmen...
10.09.23
Pennymac Correspondent is excited to announce that we’re raising our Conventional loan limits to $750,000, effective Wednesday, October 11 2023.
10.06.23
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, October 09 2023 as follows:
10.03.23
Please note the hours of operation for Best Efforts, Bulk and Bulk-AOT Commitment Options
09.29.23
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, October 02 2023 as follows
09.26.23
Per the Fiscal Year 2024 Commitment Notice released September 7, 2023, funding for the USDA Rural Housing Loan Program will be temporarily unavaila...
09.20.23
Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Thursday, September 21 2023 as follows
09.13.23
Pennymac is aligning with the Condo Project Manager (CPM) updates announced in Fannie Mae SEL 2023- 06.
Pennymac is aligning with the FHFA based updated project review and eligibility requirements announced in Fannie Mae SEL 2023-06 and Freddie Mac Bu...
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Friday, September 15 2023 as follows
