Delegated Announcements

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02.04.25

25-15: Important Updates to Market Area Analysis and Appr...

To promote consistency and transparency in appraisal reports, Freddie Mac and Fannie Mae are implementing updates to their requirements related to ...

02.03.25

25-14: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, February 04, 2025 as follows:

01.29.25

25-13: Updates to Jumbo LLPAs

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Thursday, January 30, 2025 as follows:

01.28.25

25-12: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, January 29, 2025 as follows:

01.27.25

25-11: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, January 28, 2025 as follows:

01.23.25

25-10: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Friday, January 24, 2025 as follows:

01.21.25

25-09: Updates to Government LLPAs

Pennymac will update Government LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, January 22, 2025 as follows:

01.16.25

25-08: USDA Refinance Seasoning Period Update

On 12/19/2024, USDA announced a reduction to the seasoning period and updated housing payment requirements for refinance transactions. These change...

01.16.25

25-07: Reminder: Fannie Mae Appraisal Time Adjustment Req...

This is a reminder regarding Fannie Mae's appraisal requirements, effective for appraisals dated on or after March 1, 2025.

01.15.25

25-06: Updates to Government LLPAs

Pennymac will update Government LLPAs effective for all Best Efforts Commitments taken on or after Thursday, January 16, 2025 as follows:

01.13.25

25-05: Updates to Government LLPAs

Pennymac will update Government LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, January 14, 2025 as follows:

01.10.25

25-04: VA Full Doc and VA IRRRL Program Updates

Pennymac is pleased to announce we have increased the maximum loan limits for VA Full Doc, VA Renovation, and VA IRRRL loans from $2M to $2.5M and ...

01.03.25

25-03: Update to #24-132 Update to VA Seasoning Requirements

In Pennymac announcement #24-132 Update to VA Seasoning Requirements, we announced the seasoning updates would be effective with new loan applicati...

01.02.25

25-02: Hours of Operation for Martin Luther King Jr. Day ...

Please note the hours of operation for Best Efforts, Bulk and Bulk AOT Commitment Options:

01.02.25

25-01: Hours of Operation for the National Day of Mourning

Please note the hours of operation for Best Efforts, Bulk and Bulk AOT Commitment Options: