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12.24.25
To allow for greater flexibility within our Non-QM program, Pennymac is updating guidance pertaining to Interested Party Contribution (IPC) limits....
12.23.25
FHA Forward Loan Limits As announced in FHA Mortgagee Letter 2025-23, effective with case number assigned on or after January 1, 2026, Pennymac is ...
12.22.25
Pennymac has updated Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Tuesday December 23, 2025 as follows:
Pennymac is updating guidance for our Non-QM program, effective with new applications dated on or after December 22, 2025. These updates include, b...
12.19.25
For cases not yet endorsed on and after November 19, 2025, FHA has announced the policy requirement to provide borrowers with Form HUD-92900-B, Imp...
12.17.25
On 12/20/2024, Pennymac announced Fannie Mae HomeReady and Freddie Mac Home Possible temporary down payment assistance ($2,500) for very low-income...
Please note the hours of operation for Best Efforts, Bulk and Bulk AOT Commitment Options:
Pennymac has updated Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Wednesday December 17, 2025 as follows:
12.16.25
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday December 17, 2025 as follows:
12.11.25
In this month’s Policy Pulse, Pennymac’s Isaac Boltansky cuts through the political noise with a definitive Housing Affordability Policy Playbook.
12.10.25
Pennymac will update Conventional LLPAs and Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Friday, December 12, 2025 as ...
12.05.25
Pennymac will update Jumbo LLPAs and Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, December 10, 2025 as foll...
12.04.25
Effective with loan deliveries on and after December 05, 2025, the following maximum LTV/CLTV requirements apply to VA cash-out refinance transacti...
12.01.25
Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, December 2, 2025 as follows:
Pennymac is updating guidance and has clarified existing guidance for our Non-QM program, effective with new applications dated on or after Decembe...
