Announcements - Page 15
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03.15.16
16-09: Revision to Announcement 16-06: FHLMC Bulletin 20...
This announcement is intended to provide revisions to Announcement 16-06: FHLMC Bulletin 2016-3: Various Updates.
03.10.16
16-08: FNMA SEL 2016-02 Continuity of Obligation and 201...
Effective immediately, for all DU approved conventional refinance transactions, PennyMac is aligning with Fannie Mae’s removal of Continuity of Ob...
03.10.16
16-07: VA Circular 26-16-8 Water Contamination in Flint,...
In accordance with VA Circular 26-16-8, PennyMac is aligning with VA’s requirements to document all loans secured by properties in Flint, Michigan...
03.10.16
16-06: FHLMC Bulletin 2016-3: Various Updates
PennyMac is aligning with changes announced in Freddie Mac’s Bulletin 2016-3, with the applicable effective date included in each section.
02.01.16
16-05: Fannie Mae SEL 2014-16 and 2015-09: Self-Employed...
Effective with applications taken on or after February 1, 2016, for all DU approved conventional loans, PennyMac is aligning with Fannie Mae’s upd...
01.25.16
16-04: Health and Safety Hazard: Water in Flint, Michigan
Effective immediately for all loan programs requiring an appraisal: For all loans located in Flint, Michigan, the lender must provide documentatio...
01.15.16
16-03: TILA RESPA Integrated Disclosures (TRID) Update
Based on recent stipulation trends of loans closed under TRID, PennyMac has created this reminder highlighting specific delivery requirements to h...
01.14.16
16-02: Hours of Operation for Martin Luther King Jr Day ...
Please note the hours of operation for Best Effort, Mandatory, Bulk, AOT and DT Commitment Options:
01.06.16
16-01: Disaster Notification for Mississippi, Missouri a...
FEMA has recently declared several counties in Mississippi as eligible for Individual Assistance. In accordance with PennyMac’s existing Disaster...
12.30.15
15-64: Texas Tornadoes and Post Disaster Inspections
PennyMac is continuing to monitor the residential property damage caused by the tornadoes. In accordance with its Disaster Policy, PennyMac may re...
12.15.15
15-63: Hours of Operation for 2015 December Holidays
Please note the hours of operation for Best Effort, Mandatory, Bulk, AOT and DT Commitment Options.
12.09.15
15-62: Freddie Mac Bulletin 2015-20: Borrower Funds and ...
Effective immediately for conforming LP approved loans, PennyMac is aligning with Freddie Mac updates announced in Bulletin 2015-20.
12.07.15
15-61: Revision to Announcement 15-60: New 4506-T Form a...
This announcement is intended to provide revisions to Announcement 15-60: New 4506-T Form and Reminder Regarding 4506-T Requirements for Self-Empl...
12.02.15
15-60: New 4506-T Form and Reminder Regarding 4506-T Req...
The IRS has released a new 4506-T form, revised 9/2015 which now requires the borrower to attest to his/her authority to sign the 4506-T. PennyMa...
11.24.15
15-59: TRID Delivery Requirements Reminder
PennyMac has drafted this reminder highlighting specific delivery requirements to help ensure loans are purchased in a timely manner.