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11.29.22
Effective immediately, PennyMac is aligning with the conforming loan limit increases for standard and high balance loans, as announced by Fannie Ma...
11.23.22
Pennymac will update Government LLPAs effective for all Best Effort Commitments taken on or after Friday, November 25, 2022 as follows:
11.17.22
Please note the hours of operation for Best Efforts, Bulk and Bulk AOT Commitment Options:
11.16.22
Pennymac will introduce a new ‘Purchase Special’ LLPA effective for all Best Efforts Commitments taken on or after Friday, November 18, 2022 as fol...
11.10.22
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Friday, November 11, 2022 as follows:
11.04.22
Fannie Mae and Freddie Mac recently announced updates to Loan Level Price Adjusters (LLPA) that will apply to Home Possible & HomeReady and cash-ou...
11.03.22
Pennymac will update Conventional LLPAs effective for all Best Effort Commitments taken on or after Monday, November 7, 2022 as follows:
10.28.22
Pennymac will update Government LLPAs effective for all Best Effort Commitments taken on or after Monday, October 31, 2022 as follows:
10.24.22
Pennymac will update Government LLPAs effective for all Best Effort Commitments taken on or after Tuesday, October 25, 2022 as follows:
10.20.22
Pennymac is aligning with the Fannie Mae Updates announced in SEL-2022-08 and Freddie Mac Bulletin 2022-18, with the exception of updates on remote...
10.19.22
Effective October 19, 2022, Pennymac has distributed an email invitation for Delegated clients to participate in a P3 Customer Survey.
10.07.22
Effective immediately, Pennymac is pleased to announce expanded eligibility requirements and loan program availability for temporary interest rate ...
10.03.22
Pennymac Correspondent is revising our conventional loan limits to $700,000, effective Tuesday October 4, 2022.
Currently, FHA full documentation loans must be submitted and approved through FHA TOTAL Scorecard. Effective immediately, Pennymac is excited to a...
