Non-Delegated Announcements

Delegated Non-Delegated

05.12.25

25-48: Freddie Mac Income Calculator

Pennymac is pleased to announce that we are aligning with Freddie Mac’s release of their new income assessment tool, the Freddie Mac Income Calcula...

05.09.25

25-47: Adjustable-Rate Mortgages Now Eligible for the AUS...

Pennymac is pleased to announce the expansion of our Pennymac AUS Jumbo program to include Adjustable-Rate Mortgages (ARMs).

05.06.25

25-46: Freddie Mac Property Eligibility Updates and Docum...

As announced in Bulletin 2025-1, Freddie Mac has updated appraisal report requirements when detrimental conditions exist on the subject property si...

05.06.25

25-45: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Friday, May 09, 2025 as follows:

05.02.25

25-44: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, May 5, 2025 as follows:

04.30.25

25-43: Updates to Jumbo LLPAs

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Friday, May 02, 2025 as follows:

04.28.25

25-42: Updates to Conventional and Jumbo LLPAs

Pennymac will update Conventional and Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, April 29, 2025 as follows:

04.21.25

25-41: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, April 23, 2025 as follows:

04.11.25

25-40: Hours of Operation for Good Friday Holiday

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

04.10.25

25-39: FHA Info 2025-04: Handbook 4000.1 Updates

On January 10, 2025 FHA issued Info 2025-04 announcing the publication of the updated Single Family Housing Policy Handbook 4000.1 The update inclu...

04.09.25

25-38: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Thursday, April 10, 2025 as follows:

04.08.25

25-37: Freddie Mac Hybrid Appraisal Expansion

As announced in Freddie Mac Bulletin 2025-1, Freddie Mac is expanding eligibility for hybrid appraisals. This change is available for Loan Product ...

04.08.25

25-36: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, April 09, 2025 as follows:

04.03.25

25-35: Freddie Mac Bulletin 2024-7 and 2024-12: Flood Ins...

As previously communicated in Pennymac Announcement 25-21, Pennymac announced Freddie Mac changes to flood insurance premium calculations. In Bulle...

04.02.25

25-34: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, April 07, 2025 as follows: