Announcements - Page 11

02.02.17

Effective immediately, PennyMac is aligning with VA’s student loan payment calculation requirement, and Lenders may begin using VA’s updated guide...

01.26.17

Mortgage loans purchased by PennyMac require delivery of all trailing documents as they become available but not to exceed 270 days from the purch...

01.18.17

For new Best Effort commitments taken on or after Thursday, January 19th, 2017, PennyMac will reduce the minimum extension term to one (1) calenda...

01.11.17

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

12.30.16

Effective immediately, PennyMac will discontinue the $75 property inspection waiver (PIW) fee, in conjunction with Fannie Mae's removal of the...

12.23.16

Effective immediately, for all FHA Streamlines and VA IRRRLs

12.20.16

Effective with case numbers assigned on or after January 1, 2017, PennyMac is aligning

12.06.16

PennyMac is pleased to announce expansion of the Best Effort grids to include specialized base pricing for loan amounts less than 200K.

12.06.16

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

12.02.16

Effective with commitments issued on or after December 5, 2016, PennyMac is aligning with the conforming loan limit increases for standard and hig...

11.25.16

For all conforming DU approved loans, PennyMac will be aligning with the updates announced in Fannie Mae SEL 2016-08

11.21.16

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

11.10.16

Ginnie Mae is requiring all streamline refinance transactions to have a minimum of six payments prior to refinancing for TBA deliverable Ginnie Ma...

11.03.16

PennyMac will release new SRP grids effective for all commitments taken on or after Monday, November 14, 2016.

10.12.16

FEMA has recently declared 14 counties in North Carolina as eligible for Individual Assistance due to Hurricane Matthew.  PennyMac will be requiri...