23-31: Updates to Government LLPAs

05/19/2023
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Pennymac will update Government LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, May 23, 2023 as follows:

  • Introduce new ‘VA Manual U/W FICO >= 660’ LLPA to the ‘VA Other Price Adjustments’ LLPA Grid.
  • Introduce new ‘VA Manual U/W FICO < 660’ LLPA to the ‘VA Other Price Adjustments’ LLPA Grid.

Please contact your Sales Representative with any questions.