Announcements - Page 10
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10.13.17
17-42: FHLMC Bulletin 2017-20: Various Updates
PennyMac is aligning with the updates announced in Freddie Mac Bulletin 2017-20.
10.03.17
17-41: Hours of Operation for Columbus Day and Veterans D...
Please note the hours of operation for Best Effort, Bulk, AOT and DT Commitment Options:
09.27.17
17-40: Extension of Mandatory Successful Submission Requi...
Fannie Mae and Freddie Mac (GSEs) have released a statement indicating Sellers are still expected to adhere to the Uniform Closing Data (UCD) mand...
09.26.17
17-39: Funding for USDA Rural Housing 2018 Fiscal Year
Update on USDA Rural Housing Loan Program Funding.
09.21.17
17-38: Uniform Closing Dataset (UCD) Requirements Reminder
As addressed in PennyMac announcement 17-24, conventional loans with note dates on or after September 25, are required to have submission of the U...
09.20.17
17-37: Property Inspections for FHA Loans in Florida Hurr...
Effective immediately, PennyMac is aligning with FHA’s waiver and will accept property inspections dated on or after September 19th for all loans ...
09.14.17
17-36: Update to Hurricane Irma: Additional Counties Added
After additional assessment of Hurricane IRMA damage, additional counties have been added to Individual Assistance. Counties added in this update...
09.12.17
17-35: Disaster Policy Implementation: Florida and Hurric...
In accordance with PennyMac’s disaster policy, the following counties will require a post-disaster inspection dated on or after September 11, 2017...
09.11.17
17-34: Tampa, FL Office Re-Opening and Update to Hurrican...
PennyMac’s Tampa, FL operation facility has regained power and will be open Tuesday September 12th. In addition, PennyMac will begin accepting po...
09.10.17
17-33: Tampa, FL Office Closure Update
PennyMac's Tampa operations facility is closed today (Monday, 9/11/17) due to Hurricane Irma, and it will reopen as soon as power is restablished.
09.08.17
17-32: Tampa, FL Office Closure due to Hurricane Irma
Due to Hurricane Irma, PennyMac's Tampa Operations Center is closing early today, September 8, 2017, and will likely be closed Monday, Septemb...
09.06.17
17-31: Fundings Paused Due to Hurricane Irma
Hurricane Irma is projected to make landfall in Florida the weekend of September 9th and widespread damage is expected. As a preemptive measure t...
09.01.17
17-30: Update to Texas Hurricane Harvey Requirements
Properties located in counties declared eligible for FEMA Individual Assistance will require a post-disaster inspection dated on or after August 3...
08.29.17
17-29: Disaster Policy Implementation: Texas Hurricane Ha...
Hurricane Harvey has brought catastrophic wind, rain and flooding to Southeast Texas. In response, FEMA has declared 18 counties in Texas as elig...
08.22.17
17-28: Update to the BE Rate Sheet Interest Rate Structure
PennyMac is pleased to announce the addition of the 4.060% interest rate for Conventional 25/30 Year Fixed products onto the Best Effort rate shee...