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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...
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