Non-Delegated Announcements - Page 2

Delegated Non-Delegated

04.08.25

25-36: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, April 09, 2025 as follows:

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04.03.25

25-35: Freddie Mac Bulletin 2024-7 and 2024-12: Flood Ins...

As previously communicated in Pennymac Announcement 25-21, Pennymac announced Freddie Mac changes to flood insurance premium calculations. In Bulle...

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04.02.25

25-34: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, April 07, 2025 as follows:

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04.01.25

25-33: Freddie Mac Restricted Stock and Restricted Stock ...

Pennymac is aligning with the changes announced in Freddie Mac Bulletin 2024-16 regarding the use of restricted stock (RS) and restricted stock uni...

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03.31.25

25-32: AUS Jumbo Program Updates – Appraisal Update Clari...

In Announcement 25-29, Pennymac announced several key changes to our AUS Jumbo program which included updates to our appraisal requirements. We hav...

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03.28.25

25-31: FHA Mortgagee Letter 2025-09 Revisions to Residenc...

As announced in Mortgagee Letter 2025-09, FHA has updated residency requirements to remove eligibility for non-permanent residents from the Single-...

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03.24.25

25-30: Fannie Mae Hybrid Appraisal Expansion

As announced in Fannie Mae Selling Guide Announcement 2025-01, Fannie Mae is expanding eligibility for hybrid appraisals. This change is effective ...

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03.24.25

25-29: AUS Jumbo Program Updates

Pennymac has updated our AUS Jumbo program with several key changes, effective with new applications dated on or after 3/24/2025. These updates are...

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03.21.25

25-27: FHA Info 2025-10 Temporary Waiver of New Construct...

As announced in FHA Info 2025-10, FHA issued a temporary partial regulatory waiver and related Single Family Housing Policy 4000.1 wavier to its Mi...

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03.17.25

25-26: Freddie Mac Bulletin 2025-1: ACE and ACE+ PDR Updates

As announced in Freddie Mac Bulletin 2025-1, Freddie Mac is updating their requirements for Automated Collateral Evaluation (ACE) and Automated Col...

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03.17.25

25-25: Freddie Mac Bulletin 2025-1: Rental Income Non-Sub...

As announced in Freddie Mac Guide Bulletin 2025-1, Freddie Mac has added flexibility to its requirements for rental income from a non-subject inves...

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03.12.25

25-24: Freddie Mac Update: Treatment of Authorized User A...

Effective with new applications dated on or after 04/01/25, Freddie Mac is updating their Selling Guide to require that when a borrower is an autho...

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03.07.25

25-23: Updated FHA Guidelines for Rental Income from Boar...

In conjunction with FHA ML 2025-04, Pennymac will allow rental income from boarders to qualify for an FHA- insured mortgage, subject to the require...

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03.05.25

25-22: New Post Clear to Close Change Request Form

Effective immediately, Pennymac has updated our Non-Delegated Post CTC Data Change Request Form. This change was made to add efficiency and time sa...

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02.28.25

25-21: Freddie Mac Bulletin 2024-7 and 2024-12: Flood Ins...

As previously communicated in Announcement 24-72, Pennymac announced Freddie Mac changes to flood insurance premium calculations.

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