PennyMac will release new Conventional SRP values effective for all commitments taken on or after Monday, October 30, 2017.
A sample of the updated rate sheet(s) will be posted to the PennyMac Portal after 6:00 PM (PT) today, Tuesday, October 24th, 2017. Sample rate sheet(s) will be available for download shortly after the standard rate sheet email notification is sent from ‘PennyMac Correspondent Pricing’ <Send email to ["donotreply"]. >.
Note: Sample rate sheet(s) posted to the portal after 6 PM (PT) are intended only to communicate the rate sheet changes as described above. Loan program base pricing will be blank. Rate sheets posted the following morning will be effective for new commitments.
Please contact your Sales Representative with any questions.