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01.18.23
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
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
Please note the hours of operation for Best Efforts, Bulk and Bulk AOT Commitment Options:
12.27.22
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
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
Pennymac will update Government LLPAs effective for all Best Effort Commitments taken on or after Monday, December 19, 2022 as follows:
12.13.22
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
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
Pennymac will update the footnote for the ‘Purchase Special’ LLPA effective for all Best Efforts Commitments taken on or after Friday, December 02,...
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
Pennymac will update Government LLPAs effective for all Best Effort Commitments taken on or after Friday, November 25, 2022 as follows:
11.17.22
11.16.22
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
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Friday, November 11, 2022 as follows: