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02.28.22
For all conventional loans approved through DU or LPA, Pennymac is aligning with Fannie Mae SEL 2022-01 and Freddie Mac Bulletin 2022-2 on the use ...
02.18.22
Effective Tuesday, February 22, 2022, Pennymac is adding a Conventional Second Home Special LLPA for all Best Effort Commitments as follows:
02.14.22
Effective Friday, February 18, 2022, Pennymac is removing the lock term specific Conventional Second Home and High Balance LLPAs for Best Effort Co...
Please note the hours of operation for Best Effort, Bulk, and Bulk-AOT Commitment Options:
02.10.22
Effective with locks on or after 2/11/2022, Pennymac is pleased to announce the release of the conventional SOFR ARM loan program.
02.04.22
Pennymac will update Conventional LLPAs effective for all Best Effort commitments taken on or after Friday, February 11, 2022, as follows:
Effective immediately, Pennymac is aligning with Fannie Mae and Freddie Mac’s updates and is retiring the temporary COVID-19 self-employed income r...
02.03.22
Effective Monday, February 7, 2022, Pennymac is updating our Conventional LLPAs for Best Effort commitments 30 days and longer, as follows:
What is Delayed Financing? Delayed financing is a unique financing option that allows homebuyers to obtain a mortgage loan after purchasing a prope...
01.19.22
Effective Monday January 24th, 2022, Pennymac is updating our Conventional LLPAs for Best Effort commitments 45 days and longer, as follows:
01.17.22
Effective with loan deliveries on or after 1/31/2022, Pennymac is aligning with Freddie Mac Bulletin 2021-38, with the exception of the updates for...
01.14.22
Effective January 12, 2022, Pennymac has distributed an email invitation to participate in a P3 Customer Survey. The email is from the 'Pennymac Co...
01.13.22
Affordable housing has been an important subject in recent times for borrowers and lenders alike. Pennymac is proud to offer a wide range of mortga...
01.11.22
Pennymac aligned with Fannie Mae Lender Letter 2021-11, Loan Eligibility under the Preferred Stock Purchase Agreement and Revised General Qualified...
Please note the hours of operation for Best Effort, Bulk and Bulk-AOT Commitment options: