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05.16.16
Reminder that VA published circular 26-16-11 in April of this year and reminder that PennyMac requires the Seller Closing Disclosure to be provide...
04.27.16
PennyMac is announcing updates from Fannie Mae’s DU 10.0 Release Notes and SEL 2016-3.
04.22.16
Effective immediately, for all VA transactions, PennyMac will be aligning with VA’s policy clarification regarding unreimbursed business expenses ...
Effective immediately for FHA transactions, PennyMac is aligning with FHA’s update regarding the calculation of student loan payments.
Due to the recent flooding in Texas, the Governor of Texas has declared a State of Emergency in nine counties. At this time, PennyMac is requirin...
04.03.16
Effective with all conditional commitments issued by USDA on or after March 9, 2016, PennyMac has aligned with the updates to the Rural Housing Tec...
03.21.16
Based on recent stipulation trends of loans closed under TRID, PennyMac has created this reminder highlighting specific delivery requirements to h...
Please note the hours of operation for Best Effort, Mandatory, Bulk, AOT and DT Commitment Options:
03.15.16
This announcement is intended to provide revisions to Announcement 16-06: FHLMC Bulletin 2016-3: Various Updates.
03.10.16
Effective immediately, for all DU approved conventional refinance transactions, PennyMac is aligning with Fannie Mae’s removal of Continuity of Ob...
In accordance with VA Circular 26-16-8, PennyMac is aligning with VA’s requirements to document all loans secured by properties in Flint, Michigan...
PennyMac is aligning with changes announced in Freddie Mac’s Bulletin 2016-3, with the applicable effective date included in each section.
02.01.16
Effective with applications taken on or after February 1, 2016, for all DU approved conventional loans, PennyMac is aligning with Fannie Mae’s upd...
01.25.16
Effective immediately for all loan programs requiring an appraisal: For all loans located in Flint, Michigan, the lender must provide documentatio...
01.15.16
