24-57: AUS Jumbo: Updated Reserve Requirements for Cash-out Refinances

06/14/2024

Effective with new applications on or after June 14, 2024, Pennymac is updating AUS Jumbo reserve requirements for Cash-out Refinances for all occupancy types to require the greater of 6 months PITIA or per the AUS.

CORR 24-61 Jumbo Reserve Announcement

Please contact your Sales Representative with any questions.