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11.18.15
Effective for loans closed on or after January 1, 2016, PennyMac will require flood insurance premiums to be escrowed, in compliance with the Bigg...
Fannie Mae will be updating DU with a release over the weekend of December 12, 2015. Effective with casefiles submitted to DU 9.3, PennyMac will ...
10.29.15
Effective immediately, PennyMac is pleased to announce that Raymond James & Associates, Inc. is now an acceptable Broker Dealer in the Ass...
10.06.15
FEMA has recently declared all counties in South Carolina as eligible for Public Assistance due to Severe Storms and Flooding. Due to the extreme...
Please note the hours of operation for Best Effort, Mandatory, Bulk, AOT and DT Commitment Options:
09.29.15
For all conforming LP approved transactions, PennyMac is aligning with the changes announced by Freddie Mac in Bulletins 2015-12 and 2015-16.
09.25.15
Per the Fiscal Year 2016 Commitment Notice released September 24, 2015, funding for the USDA Rural Housing Loan Program will not be available for ...
09.21.15
Per Rural Housing Unnumbered Letter (UL) dated June 16, 2015, effective with loans obligated on or after October 1, 2015, the upfront guarantee fe...
In our previous TRID Announcement, we provided correspondents with resources to help you meet PennyMac’s delivery requirements. In response to yo...
While PennyMac considers the income derived from the HAP acceptable, due to operational constraints, transactions involving HAPs paid directly to ...
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...
