Announcements - Page 10

05.14.18

VA recently announced updated guidance on Loans for Alteration and Repairs and Construction to Permanent Home Loans.

05.04.18

PennyMac is aligning with the updates announced in Freddie Mac Bulletin 2018-05.

04.20.18

Effective with deliveries as of May 1, 2018, PennyMac will begin to require evidence of successful submission of Uniform Closing Dataset (UCD) dat...

04.04.18

PennyMac will be making various updates to the LLPAs for Conventional and Jumbo programs.

03.22.18

Please note the hours of operation for Best Effort, Mandatory, Bulk, AOT and DT Commitment Options: 

03.22.18

Effective immediately sellers may also begin providing individual ULI numbers in their bulk bid tapes.

03.20.18

For all DU approved conventional loans, PennyMac is aligning with the updates announced in Fannie Mae SEL 2018-02...

03.14.18

PennyMac will make changes to the Conventional LLPAs and will also introduce a 3rd settlement month to the AOT rate sheet.

02.26.18

Effective Monday, March 5th, 2018 PennyMac will be updating Best Effort rate sheet for the Jumbo program.

02.12.18

For all DU approved conventional loans, PennyMac is aligning with the updates announced in Fannie Mae SEL 2018-01.  All updates are effective imme...

01.31.18

Clarification of the Ginnie Mae seasoning requirements previously communicated in announcement 18-03.

01.29.18

Effective with all loans closed on or after June 15, 2018, 2017 tax transcripts will be required per PennyMac’s Tax Transcript Policy...

01.22.18

FEMA has recently declared 4 counties in Southern California as eligible for disaster related Individual Assistance.  PennyMac will require post-d...

01.22.18

Effective for all Best Effort and AOT-DT commitments taken  on or after January 29, 2018, PennyMac is releasing new SRP grid values and updates to...

01.18.18

Effective immediately, PennyMac is updating its requirements for Employment Commencing After the Note Date to more closely align with Freddie Mac’...