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11.04.22
Fannie Mae and Freddie Mac recently announced updates to Loan Level Price Adjusters (LLPA) that will apply to Home Possible & HomeReady and cash-ou...
Please note the hours of operation for Best Efforts, Bulk and Bulk AOT Commitment Options:
11.03.22
Pennymac will update Conventional LLPAs effective for all Best Effort Commitments taken on or after Monday, November 7, 2022 as follows:
10.28.22
Pennymac will update Government LLPAs effective for all Best Effort Commitments taken on or after Monday, October 31, 2022 as follows:
10.24.22
Pennymac will update Government LLPAs effective for all Best Effort Commitments taken on or after Tuesday, October 25, 2022 as follows:
10.20.22
Pennymac is aligning with the Fannie Mae Updates announced in SEL-2022-08 and Freddie Mac Bulletin 2022-18, with the exception of updates on remote...
10.19.22
Effective October 19, 2022, Pennymac has distributed an email invitation for Delegated clients to participate in a P3 Customer Survey.
10.07.22
Effective immediately, Pennymac is pleased to announce expanded eligibility requirements and loan program availability for temporary interest rate ...
10.03.22
Pennymac Correspondent is revising our conventional loan limits to $700,000, effective Tuesday October 4, 2022.
Currently, FHA full documentation loans must be submitted and approved through FHA TOTAL Scorecard. Effective immediately, Pennymac is excited to a...
Please note the hours of operation for Best Efforts, Bulk and Bulk-AOT Commitment Options:
09.30.22
Pennymac will update Conventional LLPAs effective for all Best Effort Commitments taken on or after Tuesday, October 4, 2022 as follows:
09.26.22
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Thursday, September 29, 2022 as follows:
Per the Fiscal Year 2023 Commitment Notice released September 7, 2022, funding for the USDA Rural Housing Loan Program will be temporarily unavaila...
USDA Rural Housing’s August 30th announcement introduced the following updated USDA forms:
