24-12: Updates to Conventional LLPAs

02/16/2024

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, February 20, 2024 as follows:

  • Improve values for the ‘2nd Home Additional’ LLPA on the ‘LLPAs by Product Feature for All Eligible Loans’ Grid.
  • Update values for the ‘Investment Additional’ LLPA on the ‘LLPAs by Product Feature for All Eligible Loans’ Grid.

Please contact your Sales Representative with any questions.