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12.22.23
Effective immediately, Pennymac is aligning with FHA ML 2023-17 supporting the use of rental income for single-family properties with an Accessory ...
12.15.23
Please note the hours of operation for the Best Efforts Commitment Option:
12.13.23
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Thursday, December 14, 2023 as follows
12.04.23
As part of our commitment to maintain the highest quality and security of our client’s data, Pennymac will begin to use Multi-Factor Authentication...
11.28.23
Effective immediately, Pennymac is aligning with the conforming loan limit increases for standard and high balance loans, as announced by Fannie Ma...
11.27.23
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, November 28, 2023 as follows:
11.24.23
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, November 27, 2023 as follows:
11.15.23
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, November 16, 2023 as follows:
Pennymac is aligning with Fannie Mae’s expanded LTV ratio limits to 95% LTV/CLTV/HCLTV for 2-4-unit, principal residence, purchase and limited cash...
11.13.23
Effective immediately, Pennymac is aligning with the Fannie Mae changes regarding personal gifts and gifts of equity as outlined in SEL-2023-08.
Effective immediately, Pennymac is aligning with the updates announced in Freddie Mac Bulletin 2023-18.
11.07.23
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, November 08, 2023 as follows:
11.01.23
Effective immediately, Pennymac will no longer accept VA adjustable-rate mortgages (ARMs) with temporary buydowns.
10.27.23
Pennymac is aligning with the updates announced in Fannie Mae SEL 2023-08 and SEL 2023-09. The updates include but are not limited to the following...
