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01.03.25
In Pennymac announcement #24-113 Update to VA Seasoning Requirements, we announced the seasoning updates would be effective with new loan applicati...
01.02.25
Please note the hours of operation for the Best Efforts Commitment Option:
12.27.24
In response to the 2025 GSE conforming loan limit changes, Pennymac is updating the AUS Jumbo product for 2-unit owner-occupied and investment prop...
12.20.24
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, December 23, 2024 as follows:
VA recently updated Chapter 6, Topic 3 of their handbook, Cash-out Refinances. As a part of the update, refinance seasoning requirements were clari...
Pennymac is pleased to announce that we are aligning with Fannie Mae and Freddie Mac’s recently announced update and extension of the temporary dow...
12.18.24
Per FHA Mortgagee Letter 2024-21, effective with case number assigned on or after January 1, 2025, Pennymac is aligning with FHA’s increase to the ...
12.17.24
Pennymac would like to remind lenders of the requirements for properties located within a Coastal Barrier Resource System (CBRS) or Otherwise Prote...
12.16.24
VA regulations limit the fees and charges that may be charged to or paid by a Veteran, surviving spouse, or assumer (hereafter Veteran) obtaining o...
Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, December 17, 2024 as follows:
12.10.24
11.26.24
Effective immediately, Pennymac is aligning with the conforming loan limit increases for standard and high balance loans, as announced by Fannie Ma...
11.21.24
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, November 25, 2024 as follows:
