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09.30.25
Pennymac will update Conventional and Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, October 1, 2025 as follows:
09.29.25
Fannie Mae has announced updates to limited cash-out refinance transactions. The changes are effective for new loan casefiles submitted and existin...
09.26.25
Pennymac will update Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Monday, September 29, 2025 as follows:
09.22.25
Pennymac will update Jumbo ARMs Max Price effective for all Best Efforts Commitments taken on or after Tuesday, September 23, 2025 as follows:
09.18.25
This is a reminder that the Freddie Mac BorrowSmart program is winding down for 2025. Pennymac has not received confirmation as to whether the Borr...
Pennymac will update Government LLPAs effective for all Best Efforts Commitments taken on or after Friday, September 19, 2025 as follows:
Pennymac Correspondent is excited to announce that we’re raising our GSE loan limits to $819,000, effective 09/19/2025.
09.16.25
Freddie Mac Bulletin 2025-12 announced that Freddie Mac will increase the maximum LTV/TLTV/HTLTV ratios to 95% for certain 2- to 4-unit mortgage tr...
On August 11, 2025, USDA announced an increase to the elderly family deduction. USDA guidelines permit applicants who are age 62 or older to benefi...
On September 8th, 2025, the USDA released the Fiscal Year 2026 Conditional Commitment Notice, announcing that funding for the USDA Rural Housing Lo...
09.15.25
Pennymac is pleased to announce the launch of our highly anticipated Non-QM program. This new suite of products is designed to empower corresponden...
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, September 16, 2025 as follows:
09.05.25
Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Monday, September 8, 2025 as follows:
09.03.25
Join us for a live webinar as we take a deep dive into Pennymac's upcoming Non QM product offerings. Discover innovative solutions that can help yo...
08.28.25
Fannie Mae and Freddie Mac (the “GSEs”) have updated requirements for interested party contributions and lender incentives to provide greater speci...
