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05.06.25
As announced in Bulletin 2025-1, Freddie Mac has updated appraisal report requirements when detrimental conditions exist on the subject property si...
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Friday, May 09, 2025 as follows:
05.02.25
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, May 5, 2025 as follows:
04.30.25
Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Friday, May 02, 2025 as follows:
04.28.25
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
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, April 23, 2025 as follows:
04.11.25
Please note the hours of operation for the Best Effort Commitment Option:
04.10.25
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
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Thursday, April 10, 2025 as follows:
04.08.25
As announced in Freddie Mac Bulletin 2025-1, Freddie Mac is expanding eligibility for hybrid appraisals. This change is available for Loan Product ...
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, April 09, 2025 as follows:
04.03.25
As previously communicated in Pennymac Announcement 25-21, Pennymac announced Freddie Mac changes to flood insurance premium calculations. In Bulle...
04.02.25
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, April 07, 2025 as follows:
04.01.25
Pennymac is aligning with the changes announced in Freddie Mac Bulletin 2024-16 regarding the use of restricted stock (RS) and restricted stock uni...
03.31.25
In Announcement 25-29, Pennymac announced several key changes to our AUS Jumbo program which included updates to our appraisal requirements. We hav...