Announcements - Page 24

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04.22.16

16-13: Disaster Policy Implementation due to Flooding in...

Due to the recent flooding in Texas, the Governor of Texas has declared a State of Emergency in nine counties. At this time, PennyMac is requirin...

04.03.16

16-12: Rural Housing Updates to the Technical Handbook

Effective with all conditional commitments issued by USDA on or after March 9, 2016, PennyMac has aligned with the updates to the Rural Housing Tec...

03.21.16

16-11: TILA RESPA Integrated Disclosures (TRID) Updates

Based on recent stipulation trends of loans closed under TRID, PennyMac has created this reminder highlighting specific delivery requirements to h...

03.21.16

16-10: Hours of Operation for Good Friday Holiday 2016

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

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.