Announcements - Page 2

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12.13.22

22-79: FHA and VA Loan Limit Increase for 2023

Per FHA Mortgagee Letter 2022-20, effective with case numbers assigned on or after January 1, 2023, Pennymac is aligning with FHA’s increase to the...

12.07.22

22-78: Updates to Conventional & Government LLPAs

Pennymac will update Conventional & Government LLPAs effective for all Best Effort Commitments taken on or after Friday, December 09, 2022 as follows:

11.29.22

22-77: Updates to Conventional LLPAs

Pennymac will update the footnote for the ‘Purchase Special’ LLPA effective for all Best Efforts Commitments taken on or after Friday, December 02,...

11.29.22

22-76: Conventional Loan Limit Increase for 2023

Effective immediately, PennyMac is aligning with the conforming loan limit increases for standard and high balance loans, as announced by Fannie Ma...

11.23.22

22-75: Updates to Government LLPAs

Pennymac will update Government LLPAs effective for all Best Effort Commitments taken on or after Friday, November 25, 2022 as follows:

11.17.22

22-74: Hours of Operation for Thanksgiving Holiday 2022

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

11.16.22

22-73: Updates to Conventional LLPAs

Pennymac will introduce a new ‘Purchase Special’ LLPA effective for all Best Efforts Commitments taken on or after Friday, November 18, 2022 as fol...

11.10.22

22-72: Update to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Friday, November 11, 2022 as follows:

11.04.22

22-71: Updates to Conventional LLPAs

Fannie Mae and Freddie Mac recently announced updates to Loan Level Price Adjusters (LLPA) that will apply to Home Possible & HomeReady and cash-ou...

11.04.22

22-70: Hours of Operation for Veterans Day Holiday

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

11.03.22

22-69: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Effort Commitments taken on or after Monday, November 7, 2022 as follows:

10.28.22

22-68: Updates to Government LLPAs

Pennymac will update Government LLPAs effective for all Best Effort Commitments taken on or after Monday, October 31, 2022 as follows:

10.24.22

22-67: Updates to Government LLPAs

Pennymac will update Government LLPAs effective for all Best Effort Commitments taken on or after Tuesday, October 25, 2022 as follows:

10.20.22

22-66: Fannie Mae 2022-08 and Freddie Mac Bulletin 2022-18

Pennymac is aligning with the Fannie Mae Updates announced in SEL-2022-08 and Freddie Mac Bulletin 2022-18, with the exception of updates on remote...

10.19.22

22-65: P3 Customer Survey

Effective October 19, 2022, Pennymac has distributed an email invitation for Delegated clients to participate in a P3 Customer Survey.