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03.25.21
Please note the hours of operation for Best Effort, Bulk and Bulk-AOT commitment options:
03.24.21
PennyMac is reinstating the requirement for tax transcripts effective with loan applications on or after June 17, 2021. When required, 2020 tax tra...
03.19.21
PennyMac will begin accepting locks over the weekend starting Saturday, March 20, 2021.
03.18.21
PennyMac is aligning with the updated Fannie Mae and Freddie Mac COVID FAQ’s on profit and loss statement requirements when the complete 2020 Feder...
03.12.21
PennyMac will make updates to the Conventional Investment Property and Second Home LLPAs effective for all Best Effort commitments taken on or afte...
03.10.21
03.09.21
Effective with all refinance loan submissions on or after March 09, 2021, all Non-Delegated clients will not be required to first lock a loan prior...
03.05.21
PennyMac Correspondent Group, delegated and non-delegated, is pleased to announce that effective immediately, you can now deliver loans to PennyMac...
03.04.21
03.01.21
Effective for all Best Effort commitments taken on or after March 3, 2021, PennyMac will make the following changes to the Best Efforts rate sheet
02.18.21
PennyMac aligns with the guidance given in the Fannie Mae Lender Letters 2020-03 dated May 28, 2020 and November 13, 2020 and Freddie Mac Bulletins...
02.17.21
PennyMac will make updates to the Government LLPAs effective for all Best Effort commitments taken on or after Tuesday, February 23, 2021, as follows:
02.11.21
Effective with loans delivered on or after 3/1/2021, PennyMac is aligning with the reduction to the maximum LTV for Home Possible Mortgages secured...
02.08.21
PennyMac is aligning with Fannie Mae SEL 2020-07 dated 12/16/2020, with the exception of the updates on single-width manufactured homes and communi...
02.05.21
Please note the hours of operation for Best Effort, Bulk, and Bulk-AOT Commitment Options