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10.23.23
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, October 24 2023 as follows:
10.16.23
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...
10.13.23
Effective with loans delivered for purchase on or after November 13, 2023, Pennymac will require that the IRS Form 4506-C, Section 5a (IVES partici...
10.10.23
Pennymac Correspondent is excited to announce that we’re raising our Conventional loan limits to $750,000, effective Wednesday, October 11, 2023
10.09.23
Pennymac Correspondent is excited to announce that we’re raising our Conventional loan limits to $750,000, effective Wednesday, October 11 2023.
10.06.23
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, October 09 2023 as follows:
09.29.23
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, October 02 2023 as follows
09.20.23
Pennymac will update Conventional and Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Thursday, September 21 2023 as follows
09.13.23
Pennymac is aligning with the Condo Project Manager (CPM) updates announced in Fannie Mae SEL 2023- 06.
Pennymac is aligning with the FHFA based updated project review and eligibility requirements announced in Fannie Mae SEL 2023-06 and Freddie Mac Bu...
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Friday, September 15 2023 as follows
09.12.23
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, September 13 2023 as follows
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.