19-39: Update to HARP Programs on Best Effort and AOT Rate Sheets
Pursuant to Announcement 19-35, PennyMac will be removing the HARP programs, including DU Refi Plus and LPA Open Access, from the Best Effort and AOT rate sheets effective July 1, 2019. The following tabs will be removed from the rate sheet:
‘DU Refi Plus’
‘Relief Refi Open Access’
‘Refi Plus-Relief Refi LLPAs’
All HARP program loans must be delivered to PennyMac on or before June 30, 2019.
A sample of the updated rate sheet(s) will be posted to the PennyMac Portal after 6:00 PM (PT) today, June 26th, 2019. Sample rate sheet(s) will be available for download shortly after the standard rate sheet email notification is sent from ‘PennyMac Seller Pricing’ <email@example.com>.
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.