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09.09.15
Effective with case numbers assigned on or after September 14, 2015, FHA has updated the Single Family Housing Policy Handbook with the release of...
09.04.15
This announcement is intended to provide revisions to Announcement 15-45 regarding Updates to Government FICO Price Adjustments and Rate Sheet Exc...
09.02.15
Effective for all commitments taken on or after Thursday, September 17th, 2015, PennyMac is implementing updates to the ‘Govt LLPAs’ tab on all ra...
09.01.15
Please note the hours of operation for Best Effort, Mandatory, Bulk, AOT and DT Commitment Options.
08.31.15
Effective immediately and for all loan programs, transactions involving turn-key investment, or other similar arrangements, are not eligible for p...
08.13.15
Consumer loans with applications received by the lender (or mortgage broker, if applicable) on or after October 3, 2015 must comply with the TRID ...
08.12.15
For all conforming DU approved new or re-submitted transactions, PennyMac is announcing the following changes.
07.28.15
For conforming LP approved transactions, effective immediately, PennyMac is aligning with the following Freddie Mac changes announced in Bulletin ...
07.24.15
This announcement is intended to provide revisions to Announcement 15-19 regarding FHLMC 2015-4: Condo Requirements and Reserve Verification Requi...
07.22.15
Effective for all commitments taken on or after Monday, July 27th, 2015, PennyMac is implementing updates to the ‘Govt LLPAs’ tab on all rate shee...
07.16.15
For conforming LP approved transactions, effective with LP feedback certificates dated on or after July 19, 2015, PennyMac is aligning with Freddi...
Please be advised that PennyMac is implementing numerous updates to Loan Level Price Adjustments (LLPAs) for Conventional loan programs on the Man...
07.13.15
Effective immediately, for DU conventional loans, PennyMac is aligning with Fannie Mae’s changes in Announcement SEL 2015-07 and DU Version 9.2 Au...
06.30.15
The following best practices will ensure collateral documents are received and reviewed timely.
Please be advised that PennyMac is implementing numerous updates to Loan Level Price Adjustments (LLPAs) for Conventional loan programs on the Bes...