Announcements - Page 24

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07.16.15

15-36: Changes to Mandatory/AOT Conv LLPA Values and Rel...

Please be advised that PennyMac is implementing numerous updates to Loan Level Price Adjustments (LLPAs) for Conventional loan programs on the Man...

07.13.15

15-35: FNMA SEL 2015-07 and DU Version 9.2 August Update...

Effective immediately, for DU conventional loans, PennyMac is aligning with Fannie Mae’s changes in Announcement SEL 2015-07 and DU Version 9.2 Au...

06.30.15

15-34: Collateral Delivery Best Practices

The following best practices will ensure collateral documents are received and reviewed timely.

06.30.15

15-33: Updates to Conventional Loan Level Price Adjustme...

Please be advised that PennyMac is implementing numerous updates to Loan Level Price Adjustments (LLPAs) for Conventional loan programs on the Bes...

06.26.15

15-32: USDA Rural Housing Tax Transcript Rejection Requi...

Effective immediately, for all USDA Rural Housing loans that require transcripts, PennyMac is aligning with USDA Rural Housing’s Single Family Hou...

06.25.15

15-31: Revision to Announcement 15-29 Updates to Convent...

This announcement is intended to provide revisions to Announcement 15-29 regarding Updates to Conventional Loan Level Price Adjustments.

06.23.15

15-30: Update Regarding Additional Counties Impacted by ...

As a reminder, FEMA has recently declared additional counties in Kentucky, Oklahoma and Texas as eligible for Individual Assistance due to differe...

06.19.15

15-29: Updates to Conventional Loan Level Price Adjustments

Please be advised that PennyMac is implementing numerous updates to Loan Level Price Adjustments (LLPAs) for Conventional loan programs.

06.10.15

15-28: Hours of Operation for the 4th of July Holiday

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

06.08.15

15-27: Clarification to Announcement 15-26 Changes to VA...

This announcement is intended to provide further clarity regarding Announcement 15-26 regarding Changes to VA IRRRL Maximum LTV and Valuation.

06.04.15

15-26: Changes to VA IRRRL Maximum LTV and Valuation

Effective with commitments taken on or after Monday June 15, 2015, PennyMac is pleased to announce that VA IRRRL transactions will be eligible for ...

06.03.15

15-25: Disaster Policy Implementation: Texas Severe Storm...

FEMA has recently declared three counties in Texas as eligible for Individual Assistance due to severe storms, tornadoes, straight-line winds, and...

05.27.15

15-24: FNMA SEL 2015-06 Payoff of Revolving Debt to Qualify

Effective immediately, for DU approved conforming loans, PennyMac is aligning with Fannie Mae’s change and will no longer require that the revolvi...

05.18.15

15-23: Hours of Operation for Friday, May 22nd 2015 and ...

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

05.11.15

15-22: 2014 Tax Transcript Requirement and Increase of I...

Effective with loans closed on or after June 15, 2015, 2014 tax transcripts will be required.