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09.21.22
Pennymac Correspondent is excited to announce that we’re raising our VA loan limits to $715,000, effective immediately. This is in addition to our ...
Pennymac will introduce improved new base pricing grids for New York, Texas and Florida effective for Best Effort Commitments taken on or after Mon...
09.15.22
Pennymac will update Conventional LLPAs effective for all Best Effort Commitments taken on or after Friday, September 16, 2022 as follows:
09.09.22
Pennymac Correspondent is excited to announce that we’re raising our conventional loan limits to $715,000, effective Monday September 12, 2022.
09.02.22
In an effort to reduce our digital footprint and maintain the highest level of portal speed, Pennymac requests that non-essential documents be elim...
08.29.22
Please note the hours of operation for Best Efforts, Bulk and Bulk AOT Commitment Options:
08.26.22
Effective on new locks, 15-day and 30-day Relock Commitment fees have been lowered.
08.08.22
Currently, Pennymac has additional requirements when the DTI ratio exceeds 50% on FHA Full Documentation and FHA 203K loans.
08.04.22
Pennymac Delegated is excited to offer Manufactured Homes on our existing FHA and VA products, including FHA Streamline and VA IRRRL.
08.01.22
Effective immediately, Pennymac is aligning with VA Circular 26-22-10 which announces a Certificate of Eligibility (COE) enhancement to add the Uni...
07.14.22
Effective Monday, July 18, 2022, Pennymac is pleased to announce the release of the FHA Full Documentation, FHA Streamline, VA Full Documentation, ...
07.12.22
Pennymac is aligning with the Automated Collateral Evaluation (ACE) Waiver Eligibility Updates and the new offering, ACE+ PDR (property data report...
Pennymac is aligning with the Freddie Mac updates announced in Bulletin 2022-11, with the exception of the use of CHOICERenovation loans for ADUs d...
07.11.22
Effective immediately, Pennymac is pleased to announce that Conventional Conforming, Jumbo, FHA and VA loans secured by properties in New York are ...
07.01.22
Pennymac will update Government & Conventional LLPAs effective for all Best Effort commitments taken on or after Wednesday, July 06, 2022, as follows:
