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06.26.15
Effective immediately, for all USDA Rural Housing loans that require transcripts, PennyMac is aligning with USDA Rural Housing’s Single Family Hou...
06.25.15
This announcement is intended to provide revisions to Announcement 15-29 regarding Updates to Conventional Loan Level Price Adjustments.
06.23.15
As a reminder, FEMA has recently declared additional counties in Kentucky, Oklahoma and Texas as eligible for Individual Assistance due to differe...
06.19.15
Please be advised that PennyMac is implementing numerous updates to Loan Level Price Adjustments (LLPAs) for Conventional loan programs.
06.10.15
Please note the hours of operation for Best Effort, Mandatory, Bulk, AOT and DT Commitment Options:
06.08.15
This announcement is intended to provide further clarity regarding Announcement 15-26 regarding Changes to VA IRRRL Maximum LTV and Valuation.
06.04.15
Effective with commitments taken on or after Monday June 15, 2015, PennyMac is pleased to announce that VA IRRRL transactions will be eligible for ...
06.03.15
FEMA has recently declared three counties in Texas as eligible for Individual Assistance due to severe storms, tornadoes, straight-line winds, and...
05.27.15
Effective immediately, for DU approved conforming loans, PennyMac is aligning with Fannie Mae’s change and will no longer require that the revolvi...
05.18.15
05.11.15
Effective with loans closed on or after June 15, 2015, 2014 tax transcripts will be required.
05.08.15
FEMA has recently declared 10 counties in Kentucky as eligible for Individual Assistance due to severe storms, tornadoes, flooding, landslides and...
04.26.15
The Collateral Underwriter (CU) web-based user interface is now available (as of April 20, 2015) to non-Fannie Mae sellers. Although the use of CU...
04.16.15
In light of recent market trends and lender inquiries, Freddie Mac revised certain condo requirements. Effective immediately, PennyMac is alignin...
04.15.15
Effective immediately, PennyMac is aligning with Fannie Mae’s updates to student loans and solar panels, as announced SEL 2014-16, for conforming ...