Announcements - Page 11

06.18.18

PennyMac is aligning with the various updates in Fannie Mae SEL 2018-05 and DU Release Notes 6.23, with the exception of the HomeStyle Energy Prog...

06.15.18

Please note PennyMac's hours of operation for Best Effort, Mandatory, Bulk, AOT and DT Commitment options.

06.08.18

Effective with all loan applications taken on or after May 25, 2018, PennyMac is aligning VA Circular 26-18-13.  All VA IRRRL transactions must me...

06.01.18

Effective for loans purchased on or after 6/4/2018, PennyMac is aligning with Ginnie Mae’s updates to seasoning on all VA refinance transactions (...

05.30.18

PennyMac will be making structural changes to the Jumbo LLPA grids, and will be updating the values for the Conventional and Jumbo LLPAs. In addit...

05.15.18

Please note the hours of operation for Best Effort, Bulk, AOT and DT commitment options.

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.