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09.20.23
Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Thursday, September 21 2023 as follows
09.13.23
Pennymac is aligning with the Condo Project Manager (CPM) updates announced in Fannie Mae SEL 2023- 06.
Pennymac is aligning with the FHFA based updated project review and eligibility requirements announced in Fannie Mae SEL 2023-06 and Freddie Mac Bu...
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Friday, September 15 2023 as follows
09.12.23
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, September 13 2023 as follows
09.11.23
08.28.23
Please note the hours of operation for Best Efforts, Bulk and Bulk AOT Commitment Options:
Pennymac will update Conventional & Government LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, August 30 2023 as follows
08.18.23
Pennymac is pleased to announce the release of the Freddie Mac BorrowSmart® Program.
08.14.23
Pennymac is aligning with Fannie Mae’s required update on the eligibility requirements for limited cash-out refinances, announced in SEL-2023-06.
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, August 16 2023 as follows
08.09.23
Pennymac is aligning with Freddie Mac’s Project Assessment Request (PAR) enhanced capability, announced in Bulletin 2023-15.
08.03.23
Pennymac is aligning with the adoption of Fannie Mae/Freddie Mac Form 1103, Supplemental Consumer Information Form (SCIF) as announced in FHA ML 20...
07.28.23
Effective Friday, August 11, 2023, Pennymac will introduce new Base pricing grids for the following loan amounts:
07.26.23
Pennymac is revising the go-live date to TBD, and the updated schedule will be communicated through a future announcement.