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09.16.25
Freddie Mac Bulletin 2025-12 announced that Freddie Mac will increase the maximum LTV/TLTV/HTLTV ratios to 95% for certain 2- to 4-unit mortgage tr...
On August 11, 2025, USDA announced an increase to the elderly family deduction. USDA guidelines permit applicants who are age 62 or older to benefi...
On September 8th, 2025, the USDA released the Fiscal Year 2026 Conditional Commitment Notice, announcing that funding for the USDA Rural Housing Lo...
09.15.25
Pennymac is pleased to announce the launch of our highly anticipated Non-QM program. This new suite of products is designed to empower corresponden...
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, September 16, 2025 as follows:
09.05.25
Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Monday, September 8, 2025 as follows:
09.03.25
Join us for a live webinar as we take a deep dive into Pennymac's upcoming Non QM product offerings. Discover innovative solutions that can help yo...
08.28.25
Fannie Mae and Freddie Mac (the “GSEs”) have updated requirements for interested party contributions and lender incentives to provide greater speci...
08.27.25
Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Thursday, August 28, 2025 as follows:
08.25.25
Please note the hours of operation for Best Efforts, Bulk and Bulk AOT Commitment Options:
08.19.25
Effective immediately, the following guidance applies to Fannie Mae 7/6 and 10/6 Adjustable-Rate Mortgages (ARMs) with state-based restrictions tha...
08.18.25
Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, August 20, 2025 as follows:
08.14.25
Pennymac will update Government LLPAs effective for all Best Efforts Commitments taken on or after Friday, August 15, 2025 as follows:
08.13.25
Please be advised that Pennymac will not be participating in the Uniform Appraisal Dataset (UAD) version 3.6 limited production period with either ...
08.11.25
As announced in SEL-2025-05, Fannie Mae has updated High-Balance loan eligibility requirements to align with DU Version 12.0 and SEL-20525-01. Effe...
