Non-Delegated Announcements - Page 17

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10.09.23

23-57: Increased Loan Limits Now Available

Pennymac Correspondent is excited to announce that we’re raising our Conventional loan limits to $750,000, effective Wednesday, October 11 2023.

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10.06.23

23-56: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, October 09 2023 as follows:

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09.29.23

23-55: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, October 02 2023 as follows

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09.20.23

23-54: Updates to Conventional and Jumbo LLPAs

Pennymac will update Conventional and Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Thursday, September 21 2023 as follows

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09.13.23

23-53: Fannie Mae SEL 2023-06 Condo Project Manager Updates

Pennymac is aligning with the Condo Project Manager (CPM) updates announced in Fannie Mae SEL 2023- 06.

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09.13.23

23-52: GSE Updated Condo Project Review Requirements

Pennymac is aligning with the FHFA based updated project review and eligibility requirements announced in Fannie Mae SEL 2023-06 and Freddie Mac Bu...

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09.13.23

23-51: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Friday, September 15 2023 as follows

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09.12.23

23-50: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, September 13 2023 as follows

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08.28.23

23-49: Hours of Operation for Labor Day Holiday

Please note the hours of operation for the Best Efforts Commitment Option

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08.28.23

23-48: Updates to Conventional & Government LLPAs

Pennymac will update Conventional & Government LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, August 30 2023 as follows

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08.14.23

23-47: Fannie Mae 2023-06 Updated Eligibility Requirement...

Pennymac is aligning with Fannie Mae’s required update on the eligibility requirements for limited cash-out refinances, announced in SEL-2023-06.

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08.14.23

23-46: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, August 16 2023 as follows

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08.09.23

23-45: Freddie Mac Bulletin 2023-15 Condo Project Advisor...

Pennymac is aligning with Freddie Mac’s Project Assessment Request (PAR) enhanced capability, announced in Bulletin 2023-15.

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08.03.23

23-44: FHA Mortgagee Letter 2023-13 SCIF

Pennymac is aligning with the adoption of Fannie Mae/Freddie Mac Form 1103, Supplemental Consumer Information Form (SCIF) as announced in FHA ML 20...

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07.28.23

23-43: New Base Pricing Grids for Best Effort Rate Sheets

Effective Friday, August 11, 2023, Pennymac will introduce new Base pricing grids for the following loan amounts:

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