23-70: Updates to Conventional LLPAs

11/24/2023

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, November 27, 2023 as follows:

  • Improving values for the ‘2nd Home Additional’ LLPA on the ‘LLPAs by Product Feature for All Eligible Loans’ LLPA Grid.
  • Improving values for the ‘Investment Additional’ LLPA on the ‘LLPAs by Product Feature for All Eligible Loans’ LLPA Grid.

Please contact your Sales Representative with any questions.