Delegated Announcements - Page 2

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12.16.24

24-127: Updates to Jumbo LLPAs

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, December 17, 2024 as follows:

12.10.24

24-126: Updates to Jumbo LLPAs

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, December 17, 2024 as follows:

12.09.24

24-125: Update: Properties Located in CBRS or OPA

Pennymac previously announced, in Announcement 24-119, that properties located in a Coastal Barrier Resource System (CBRS) or Otherwise Protected A...

11.29.24

24-124: Maximizing Freddie Mac Enhancements: Loan Product...

Get actionable tips and insights at the “Maximizing Freddie Mac Enhancements: Loan Product Advisor (LPA)” webinar, designed to help you make faster...

11.26.24

24-123: Conventional Loan Limit Increase for 2025

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

11.21.24

24-122: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, November 25, 2024 as follows:

11.21.24

24-121: Hours of Operation for Thanksgiving Holiday 2024

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

11.18.24

24-120: Reminder: Deadline for HomeReady & Home Possible ...

On 2/29/2024, Pennymac announced Fannie Mae HomeReady and Freddie Mac Home Possible temporary down payment assistance ($2,500) for very low-income ...

11.13.24

24-119: Reminder for Properties Located in CBRS or OPA

Pennymac would like to remind lenders of the requirements for properties located within a Coastal Barrier Resource System (CBRS) or Otherwise Prote...

11.05.24

24-118: Updates to Conventional LLPAs and SRP

Pennymac will update Conventional LLPAs and the SRP Grid values effective for all Best Efforts Commitments taken on or after Wednesday, November 6,...

11.04.24

24-117: Hours of Operation for Veterans Day Holiday

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

10.31.24

24-116: Updates to Jumbo LLPAs

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Friday, November 1, 2024 as follows:

10.18.24

24-115: FHA Appraisal Review and Reconsideration of Value...

Effective for new casefiles assigned on and after October 31, 2024, FHA is introducing new appraisal review requirements, expanding reconsideration...

10.18.24

24-114: AUS Jumbo: Appraisal Requirements - Additional Va...

On August 14th, 2024, Pennymac issued announcement 24-80 detailing secondary valuation requirements for single appraisals for AUS Jumbo loan transa...

10.16.24

24-113: Fannie Mae SEL 2024-03 and Freddie Mac Bulletin 2...

Effective for applications dated on and after October 31, 2024, Fannie Mae and Freddie Mac are introducing a new Reconsideration of Value (ROV) pro...