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03.17.22
PennyMac will update Conventional LLPAs effective for all Best Effort commitments taken on or after Tuesday, March 22, 2022, as follows:
03.07.22
PennyMac will update Conventional LLPAs effective for all Best Effort commitments taken on or after Wednesday, March 09, 2022, as follows:
03.03.22
Pennymac Correspondent released Conforming SOFR-indexed ARMs for both our Delegated and Non-Delegated clients on February 11. We are excited to exp...
03.02.22
PennyMac will update Conventional LLPAs effective for all Best Effort commitments taken on or after Friday, March 04, 2022, as follows:
02.28.22
Pennymac will update Conventional ARM SRPs and Government LLPAs effective for all Best Effort Commitments taken on or after Wednesday, March 2, 202...
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:
