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08.28.23
Please note the hours of operation for the Best Efforts Commitment Option
Pennymac will update Conventional & Government LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, August 30 2023 as follows
08.14.23
Pennymac is aligning with Fannie Mae’s required update on the eligibility requirements for limited cash-out refinances, announced in SEL-2023-06.
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, August 16 2023 as follows
08.09.23
Pennymac is aligning with Freddie Mac’s Project Assessment Request (PAR) enhanced capability, announced in Bulletin 2023-15.
08.03.23
Pennymac is aligning with the adoption of Fannie Mae/Freddie Mac Form 1103, Supplemental Consumer Information Form (SCIF) as announced in FHA ML 20...
07.28.23
Effective Friday, August 11, 2023, Pennymac will introduce new Base pricing grids for the following loan amounts:
07.26.23
Pennymac is revising the go-live date to "TBD," and the updated schedule will be communicated through a future announcement.
07.25.23
Effective with locks on or after 7/27/2023, Pennymac is pleased to announce the release of Extended Lock Commitments for Best Efforts.
06.23.23
Please note the hours of operation for the Best Effort Commitment Option:
Based on recent GSE feedback and QC findings, Pennymac has clarified requirements related to documentation received with the loan file.
06.20.23
Based on recent GSE feedback, Pennymac would like to provide a reminder regarding Fannie Mae and Freddie Mac’s condominium project insurance requir...
06.13.23
Pennymac is aligning with Freddie Mac’s selling guide updates on IRS installment agreements and real estate tax abatements and exemptions, announce...
06.09.23
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, June 13, 2023 as follows:
