Delegated Announcements - Page 14

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01.18.23

23-03: January Product Highlight | Affordable Lending

It is no secret that borrowers face an affordability crunch today due to higher home prices and higher rates. Pennymac remains committed to promoti...

01.11.23

23-02: Reminder: New Version of 4506-C Form

Pennymac is aligning with and requiring the use of the recently published NEW IRS Form 4506-C, revised 10/2022 with loans delivered on or after 2/1...

01.10.23

23-01: Hours of Operation for Martin Luther King Jr. Day ...

Please note the hours of operation for Best Efforts, Bulk and Bulk AOT Commitment Options:

12.27.22

22-83: Updates to Conventional LLPAs

Pennymac will introduce a new ‘Purchase Special’ LLPA effective for all Best Efforts Commitments taken on or after Wednesday, December 28, 2022 as ...

12.19.22

22-82: Conventional Credit Fee Cap

Effective for new Best Effort locks taken on or after Wednesday, December 21, 2022, Pennymac is pleased to announce the alignment with Freddie Mac ...

12.15.22

22-81: Updates to Government LLPAs

Pennymac will update Government LLPAs effective for all Best Effort Commitments taken on or after Monday, December 19, 2022 as follows:

12.15.22

22-80: Hours of Operation for December 2022 Holidays

Please note the hours of operation for Best Efforts, Bulk and Bulk AOT Commitment Options:

12.13.22

22-79: FHA and VA Loan Limit Increase for 2023

Per FHA Mortgagee Letter 2022-20, effective with case numbers assigned on or after January 1, 2023, Pennymac is aligning with FHA’s increase to the...

12.07.22

22-78: Updates to Conventional & Government LLPAs

Pennymac will update Conventional & Government LLPAs effective for all Best Effort Commitments taken on or after Friday, December 09, 2022 as follows:

11.29.22

22-77: Updates to Conventional LLPAs

Pennymac will update the footnote for the ‘Purchase Special’ LLPA effective for all Best Efforts Commitments taken on or after Friday, December 02,...

11.29.22

22-76: Conventional Loan Limit Increase for 2023

Effective immediately, PennyMac is aligning with the conforming loan limit increases for standard and high balance loans, as announced by Fannie Ma...

11.23.22

22-75: Updates to Government LLPAs

Pennymac will update Government LLPAs effective for all Best Effort Commitments taken on or after Friday, November 25, 2022 as follows:

11.17.22

22-74: Hours of Operation for Thanksgiving Holiday 2022

Please note the hours of operation for Best Efforts, Bulk and Bulk AOT Commitment Options:

11.16.22

22-73: Updates to Conventional LLPAs

Pennymac will introduce a new ‘Purchase Special’ LLPA effective for all Best Efforts Commitments taken on or after Friday, November 18, 2022 as fol...

11.10.22

22-72: Update to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Friday, November 11, 2022 as follows: