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09.07.21
The Fannie Mae HomeStyle, FHA 203(k) Standard, and 203(k) Limited are a few of the most popular renovation loan products available through PennyMac...
09.03.21
PennyMac routinely pays fees to pricing vendors on behalf of our clients. Beginning October 1st , PennyMac will charge a monthly Pricing Vendor Fee...
08.31.21
For all conforming loans, PennyMac is aligning with all the Fannie Mae updates announced in SEL 2021-07 and Freddie Mac Bulletin 2021-27. The updat...
08.30.21
Please note the hours of operation for Best Efforts, Bulk and Bulk AOT Commitment Options:
PennyMac will make updates to the Conventional LLPAs effective for all Best Effort commitments taken on or after Wednesday, September 1, 2021, as f...
08.16.21
Effective immediately, PennyMac is aligning with Fannie Mae Lender Letter 2021-03 (8.11.2021) and Freddie Mac Bulletin 2021-28.
Effective for all Best Effort commitments taken on or after August 18, 2021, PennyMac will make the following changes to the BE rate sheet:
08.04.21
RefiNow and Refi Possible are newly introduced rate and term refinance programs from Fannie Mae and Freddie Mac that are available for low- to mode...
07.29.21
Effective for all Best Effort commitments taken on or after July 30, 2021, PennyMac will make the following changes to the BE rate sheet:
07.26.21
PennyMac is aligning with all the Fannie Mae updates announced in SEL 2021-06 and Freddie Mac Bulletin 2021-25. The updates include but are not lim...
07.23.21
Effective for all Best Effort commitments taken on or after July 27, 2021, PennyMac will make the following changes to the BE rate sheet:
07.19.21
On Friday, July 16th PennyMac announced that it had removed the Adverse Market Refinance Fee from Bulk bids and Best Efforts rate sheets as a resul...
07.16.21
Effective immediately, PennyMac is removing the Adverse Market Refinance Fee for any new Bulk and Best Effort commitments.
07.13.21
PennyMac will make updates to the Government LLPAs effective for all Best Effort commitments taken on or after Thursday, July 15, 2021, as follows:
07.12.21
A complex market requires nimble solutions. PennyMac Correspondent Group allows off rate sheet pricing to help meet the needs of your borrower and ...
