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10.19.20
Due to an increased number of loans with aged MERs transfer requests, we would like to remind Correspondent Sellers of our requirements as outlined...
10.09.20
PennyMac will make updates to the Conventional and Government LLPAs effective for all Best Effort commitments taken on or after Wednesday, October ...
10.07.20
PennyMac is aligning with Fannie Mae and Freddie Mac’s extension of COVID-19 related flexibilities for conventional transactions including buying l...
The Federal Housing Finance Agency (FHFA) announced a delay to the implementation date of the Adverse Market Refinance Fee until December 1, 2020.
10.05.20
Please note the hours of operation for Best Effort, Bulk and Bulk-AOT Commitment Options:
09.28.20
Effective immediately, PennyMac is aligning with FHA Mortgagee Letter 2020-30 and the guidance given in USDA’s most recent FAQ publication on Septe...
09.23.20
The Federal Housing Finance Agency (FHFA) announced a delay to the implementation date of the Adverse Market Refinance Fee until December 1, 2020. ...
09.17.20
PennyMac is aligning with the updates in Fannie Mae SEL 2020-05, Freddie Mac’s Bulletin 2020-36, except as indicated below.
09.15.20
Per the Fiscal Year 2021 Commitment Notice released September 14, 2020, funding for the USDA Rural Housing Loan Program will be temporarily unavail...
09.10.20
Effective Immediately, PennyMac is aligning with Fannie Mae and Freddie Mac’s extension of COVID-19 related flexibilities for conventional transact...
09.09.20
09.03.20
PennyMac will begin taking Bulk AOT deliveries effective September 4, 2020. The maximum commitment period allowed will be 7 days, and limited to on...
09.01.20
Please note the hours of operation for Best Effort and Bulk Commitment Options:
08.28.20
08.25.20
The Federal Housing Finance Agency (FHFA) today announced a delay to the implementation date of their Adverse Market Refinance Fee until December 1...
