Delegated Announcements

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09.25.26

26-114: Closed-End Second Program Release

Pennymac is pleased to announce the release of the Pennymac Closed-End Second (CES) Program to our Pennymac Correspondent Group effective immediately.

09.22.26

26-113: Updates to Conventional and Jumbo LLPAs

Pennymac will update Conventional and Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, September 23, 2026.

09.21.26

26-112: Fannie Mae RefiNow Project Review Update

Pennymac is aligning with Fannie Mae’s update to Lender Letter 2021-10 regarding RefiNow condominium project review requirements, effective August ...

09.18.26

26-111: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, September 21, 2026.

09.16.26

26-110: Increased Conventional Loan Limits Now Available

Pennymac is excited to announce that we’re raising our conventional loan limits to $850,000, effective with new locks on or after September 16, 2026.

09.15.26

26-109: Updates to Non-QM LLPAs

Pennymac will update Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, September 16, 2026.

09.15.26

26-108: Live Webinar

Join Pennymac’s Non-QM webinar, Maximizing Asset-Based Loans, on September 22nd to explore how asset-based loan options can help you serve more hig...

09.04.26

26-107: Non-QM Guideline Updates

Effective for new loan applications dated on or after September 4, 2026, Pennymac is updating Non-QM guidelines regarding prepayment penalty eligib...

09.03.26

26-106: Updates to Conventional, Jumbo, and Non-QM LLPAs

Pennymac will update Conventional, Jumbo, and Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Friday, September 4, 2026.

08.31.26

26-105: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, September 2, 2026.

08.31.26

26-104: Hours of Operation for Labor Day Holiday

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

08.28.26

26-103: Temporary Buydown Eligibility Expansion

Effective August 28, 2026, Pennymac is excited to announce a significant expansion to our temporary buydown offerings.

08.26.26

26-102: Live Webinar: Non-QM Alternative Doc Program Over...

Join us for a complimentary Non-QM deep dive where our Non-QM leaders will break down Pennymac’s complete Alt-Doc lineup, created to help you close...

08.26.26

26-101: Updates to Non-QM LLPAs

Pennymac will update Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Friday, August 28, 2026.

08.24.26

26-100: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, August 25, 2026.