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03.12.24
Freddie Mac issued an industry letter on January 20, 2024 reminding Sellers and Servicers of their obligations to maintain an effective information...
03.07.24
As part of our commitment to maintain the highest quality and security of client data, Pennymac has finalized implementation of Multi-Factor Authen...
03.04.24
FHA requires the debt of a non-borrowing spouse (NBS) to be included on the URLA and included in the qualifying debt ratios if:
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, March 05, 2024 as follows:
02.29.24
Pennymac is pleased to announce a new down payment assistance (DPA) enhancement to the Fannie Mae HomeReady and Freddie Mac Home Possible products....
02.27.24
Pennymac will be restructuring its Best Effort rate sheet effective Monday, March 11, 2024.
02.23.24
Pennymac is aligning with the updates to the Uniform Property Dataset (UPD) as announced in Freddie Mac Bulletin 2023-19. Freddie Mac is transition...
02.22.24
Pennymac is aligning with Fannie Mae SEL-2023-11 announcing Restricted Stock Units (RSUs) and restricted stock income eligibility, effective with n...
Pennymac will update Government LLPAs effective for all Best Efforts Commitments taken on or after Friday, February 23, 2024 as follows:
02.16.24
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, February 20, 2024 as follows:
Pennymac is aligning with the updates announced in Freddie Mac Bulletin 2023-22 regarding unacceptable appraisal practices.
Pennymac is aligning with the Condo Project Advisor (CPA) enhancements to Project Assessment Request (PAR) announced in Freddie Mac Bulletin 2023-2...
02.12.24
Please note the hours of operation for the Best Effort Commitment Option:
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, February 13, 2024 as follows:
02.08.24
Pennymac will update Government LLPAs effective for all Best Efforts Commitments taken on or after Friday, February 09, 2024 as follows:
