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11.13.17
Effective with DU runs on or after the weekend of November 18, PennyMac is aligning with Fannie Mae’s update to DU and will allow no more than one...
PennyMac is aligning with the updates announced in Freddie Mac Bulletin 2017-12 regarding rental income and self-employed income changes.
Effective immediately for all Delegated Fannie Mae, Freddie Mac, FHA, and VA programs, PennyMac is no longer requiring tax transcripts for borrowe...
FHA requires a post-disaster inspection be completed for all loans secured by properties located in a Presidentially Declared Major Disaster Area ...
11.10.17
Please note the hours of operation for Best Effort, Bulk, AOT and DT Commitment Options:
10.26.17
After additional assessment of the damage from the California wildfires, all cities previously paused have been reinstated and will require a post...
10.24.17
PennyMac will release new Conventional SRP values effective for all commitments taken on or after Monday, October 30, 2017.
10.20.17
This announcement is intended to provide revisions to Announcement 17-41: Hours of Operation for Columbus Day and Veterans Day Holidays 2017.
10.18.17
Due to the recent wildfires, the Governor of California has declared a State of Emergency. In accordance with its Disaster Policy, PennyMac may re...
10.17.17
Effective immediately, PennyMac is aligning with Fannie Mae’s and Freddie Mac’s expansion to property inspection waivers and appraisal waivers and...
10.13.17
The IRS has extended the deadline for tax return filing for individuals and businesses impacted by Hurricanes Harvey and Irma to January 31, 2018.
PennyMac is aligning with the updates announced in Freddie Mac Bulletin 2017-20.
10.03.17
09.27.17
Fannie Mae and Freddie Mac (GSEs) have released a statement indicating Sellers are still expected to adhere to the Uniform Closing Data (UCD) mand...
09.26.17
Update on USDA Rural Housing Loan Program Funding.
