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10.31.24
Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Friday, November 1, 2024 as follows:
10.18.24
Effective for new casefiles assigned on and after October 31, 2024, FHA is introducing new appraisal review requirements, expanding reconsideration...
On August 14th, 2024, Pennymac issued announcement 24-70 detailing secondary valuation requirements for single appraisals for AUS Jumbo loan transa...
10.16.24
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
Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, October 16, 2024 as follows:
10.14.24
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
Pennymac is issuing the following reminders regarding escrow/impound accounts and Ginnie Mae loan data matching:
10.01.24
Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, October 2, 2024 as follows:
09.27.24
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
Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Thursday, September 26, 2024 as follows:
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
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
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
Pennymac TPO is excited to announce that we’re raising our Conventional loan limits to $795,0001, effective 09/17/2024
09.13.24
Effective immediately, Pennymac is aligning with updates announced in Freddie Mac Bulletin 2024-10 for the calculation of fluctuating hourly employ...
