21-100: Updates to Conventional and Government LLPAs
PennyMac will update Conventional and Government LLPAs effective for all Best Effort commitments taken on or after Wednesday, December 8, 2021, as follows:
- Update value on Conventional ‘LPA Special’ LLPA
- Remove High Balance <= 625,000 LLPAs
- Remove High Balance > 625,000 LLPAs
- Update Government Purchase Special to VA Purchase Special
Please contact your Sales Representative with any questions.