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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:
06.07.23
Freddie Mac Bulletin 2023-9 Property Appraisals and Condominium Project Updates
05.24.23
Pennymac is aligning with Fannie Mae’s required use of Condo Project Manager (CPM) for all condo projects under the full review process, announced ...
05.23.23
Since the implementation of the revised IRS Form 4506-C (October 22), Pennymac has experienced an increase in 4506-C IRS related defects.
05.19.23
Pennymac will update Government LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, May 23, 2023 as follows
05.18.23
Please note the hours of operation for the Best Effort Commitment Option
05.11.23
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, May 15, 2023 as follows
