Non-Delegated Announcements

Delegated Non-Delegated

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04.14.26

26-34: Updates to Non-QM LLPAs

Pennymac will update Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, April 15, 2026.

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04.10.26

26-33: Updates to Conventional and Non-QM LLPAs

Pennymac will update Conventional and Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Monday, April 13, 2026.

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04.08.26

26-32: Freddie Mac Bulletin 2026-03: Updates to Minimum I...

Pennymac is pleased to announce we are aligning with the following updates announced in Freddie Mac Bulletin 2026-3 that revise requirements for mi...

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04.08.26

26-31: Updates to Jumbo LLPAs

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Friday, April 10, 2026

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04.01.26

26-30: Updated Loan Level Fees Reminder

As previously announced in Announcement 26-24, updated loan level fees have changed and are now live.

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03.31.26

26-29: Updates to Non-QM LLPAs

Pennymac will overhaul Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Friday, April 3, 2026

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03.31.26

26-28: FHA Streamline Product Profile Updates

Pennymac is pleased to announce enhancements and clarifications to our FHA Streamline Refinance product offering.

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03.30.26

26-27: Hours of Operation Good Friday Holiday

Please note the hours of operation for the Best Efforts Commitment Option:

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03.27.26

26-26: Non-QM Program Updates

Effective for new loan applications dated on and after March 27, 2026, Pennymac is implementing several changes to our Non-QM program guidelines

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03.23.26

26-25: Fannie Mae Updates to Accessory Dwelling Unit (ADU...

Effective with the Desktop Underwriter (DU) version 12.1 release over the weekend of March 21, 2026, Fannie Mae is updating its rental income polic...

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03.20.26

26-24: Updates to Loan Level Fees

Pennymac Non-Delegated Correspondent is updating loan level Underwriting Fees effective with loans created on or after Wednesday, April 1st, 2026.

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03.18.26

26-23: Updates to Non-QM LLPAs

Pennymac will update Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Thursday, March 19, 2026

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03.12.26

26-22: Freddie Mac 2026-01: Home Possible Guideline Updates

In Bulletin 2026-01, Freddie Mac announced updated eligibility requirements for the Home Possible mortgage program.

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03.10.26

26-21: GSE and Non-Agency Related Guidance to the Partial...

Pennymac is providing the following temporary guidance for policies subject to impacts due to the federal government shutdown that began February 1...

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03.04.26

26-20: Updates to Non-QM LLPAs

Pennymac will update Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Thursday, March 5, 2026 as follows:

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