Delegated Announcements - Page 27

Get delegated announcements via email:

Delegated Non-Delegated

Filter announcements by year and month

Apply Filter

03.25.21

21-23: Hours of Operation for Good Friday Holiday

Please note the hours of operation for Best Effort, Bulk and Bulk-AOT commitment options:

Read more

03.24.21

21-22: Reinstatement and Reminder Regarding Tax Transcripts

PennyMac is reinstating the requirement for tax transcripts effective with loan applications on or after June 17, 2021. When required, 2020 tax tra...

Read more

03.19.21

21-21: Introducing Weekend Lock Availability

PennyMac will begin accepting locks over the weekend starting Saturday, March 20, 2021.

Read more

03.18.21

21-20: Revised Announcement #21-12 Conventional Self-Empl...

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...

Read more

03.12.21

21-19: Updates to Conventional LLPAs

PennyMac will make updates to the Conventional Investment Property and Second Home LLPAs effective for all Best Effort commitments taken on or afte...

Read more

03.10.21

21-18: Updates to Conventional LLPAs

PennyMac will make updates to the Conventional Investment Property and Second Home LLPAs effective for all Best Effort commitments taken on or afte...

Read more

03.09.21

21-17: Non-Delegated: Floating Refinance

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...

Read more

03.05.21

21-16: Encompass Investor Connect

PennyMac Correspondent Group, delegated and non-delegated, is pleased to announce that effective immediately, you can now deliver loans to PennyMac...

Read more

03.04.21

21-15: Updates to Conventional LLPAs

PennyMac will make updates to the Conventional Investment Property and Second Home LLPAs effective for all Best Effort commitments taken on or afte...

Read more

03.01.21

21-13: Updates to Best Efforts LLPAs

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

Read more

02.18.21

21-12: Conventional Self-Employed Income Documentation Re...

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...

Read more

02.17.21

21-11: Updates to Government LLPAs

PennyMac will make updates to the Government LLPAs effective for all Best Effort commitments taken on or after Tuesday, February 23, 2021, as follows:

Read more

02.11.21

21-10: Freddie Mac Bulletin 2020-45 LTV for Home Possible...

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...

Read more

02.08.21

21-09: Fannie Mae SEL 2020-07

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...

Read more

02.05.21

21-08: Hours of Operation for Presidents’ Day Holiday

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

Read more