Non-Delegated Announcements - Page 2

Delegated Non-Delegated

11.04.24

24-99: Hours of Operation for Veterans Day Holiday

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

10.31.24

24-98: Updates to Jumbo LLPAs

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Friday, November 1, 2024 as follows:

10.18.24

24-97: FHA Appraisal Review and Reconsideration of Value ...

Effective for new casefiles assigned on and after October 31, 2024, FHA is introducing new appraisal review requirements, expanding reconsideration...

10.18.24

24-96: AUS Jumbo: Appraisal Requirements - Additional Val...

On August 14th, 2024, Pennymac issued announcement 24-70 detailing secondary valuation requirements for single appraisals for AUS Jumbo loan transa...

10.16.24

24-95: Fannie Mae SEL 2024-03 and Freddie Mac Bulletin 20...

Effective for applications dated on and after October 31, 2024, Fannie Mae and Freddie Mac, in collaboration with HUD, are introducing a new Recons...

10.15.24

24-94: Updates to Jumbo LLPAs

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, October 16, 2024 as follows:

10.14.24

24-93: Freddie Mac Launches LPA Choice Messaging

Effective for new submissions in LPA on and after October 13, 2024, Freddie Mac has implemented enhanced LPA messages for certain loans that receiv...

10.08.24

24-92: Escrow Account and Ginnie Mae Loan Data Matching R...

Pennymac is issuing the following reminders regarding escrow/impound accounts and Ginnie Mae loan data matching:

10.01.24

24-91: Updates to Jumbo LLPAs

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, October 2, 2024 as follows:

09.27.24

24-90: Form 4506-C Completion Requirements (Updated)

Effective immediately, Advantus and Credit Plus have been removed as eligible vendors for 4506-C purposes. Both Advantus and Credit Plus were prev...

09.25.24

24-89: Updates to Jumbo LLPAs

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Thursday, September 26, 2024 as follows:

09.25.24

24-88: Freddie Mac Selling Guide Bulletin 2024-10: Self-E...

Available immediately but required and effective for mortgages with note dates on or after November 8, 2024, the following income underwriting and ...

09.19.24

24-87: AUS Jumbo Tax Transcript and Ineligible Property C...

The Pennymac AUS Jumbo product profile is being updated with the following clarifications effective for applications dated on or after September 19...

09.17.24

24-86: Fannie Mae SEL-2024-03 and Freddie Mac Bulletin 20...

Available immediately but required and effective for note dates on or after November 1, 2024, Fannie Mae and Freddie Mac have published state-speci...

09.16.24

24-85: Increased Loan Limits Now Available

Pennymac TPO is excited to announce that we’re raising our Conventional loan limits to $795,0001, effective 09/17/2024