Announcements - Page 10
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10.26.17
17-48: Update to Disaster Policy Implementation: Californ...
After additional assessment of the damage from the California wildfires, all cities previously paused have been reinstated and will require a post...
10.24.17
17-47: Update to Conventional SRP Values
PennyMac will release new Conventional SRP values effective for all commitments taken on or after Monday, October 30, 2017.
10.20.17
Revision to Announcement 17-41: Hours of Operation for Co...
This announcement is intended to provide revisions to Announcement 17-41: Hours of Operation for Columbus Day and Veterans Day Holidays 2017.
10.18.17
17-45: Disaster Policy Implementation: California Wildfires
Due to the recent wildfires, the Governor of California has declared a State of Emergency. In accordance with its Disaster Policy, PennyMac may re...
10.17.17
17-44: FNMA Property Inspection Waivers and FHMLC Apprais...
Effective immediately, PennyMac is aligning with Fannie Mae’s and Freddie Mac’s expansion to property inspection waivers and appraisal waivers and...
10.13.17
17-43: Tax Return Filing Extension due to Hurricanes and ...
The IRS has extended the deadline for tax return filing for individuals and businesses impacted by Hurricanes Harvey and Irma to January 31, 2018.
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...