Announcements - Page 25

03.10.16

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

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

Effective immediately for all loan programs requiring an appraisal: For all loans located in Flint, Michigan, the lender must provide documentatio...

01.15.16

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

01.14.16

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

01.06.16

FEMA has recently declared several counties in Mississippi as eligible for Individual Assistance. In accordance with PennyMac’s existing Disaster...

12.30.15

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

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

12.09.15

Effective immediately for conforming LP approved loans, PennyMac is aligning with Freddie Mac updates announced in Bulletin 2015-20.  

12.07.15

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

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

PennyMac has drafted this reminder highlighting specific delivery requirements to help ensure loans are purchased in a timely manner.

11.19.15

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

11.18.15

Effective for loans closed on or after January 1, 2016, PennyMac will require flood insurance premiums to be escrowed, in compliance with the Bigg...

11.18.15

Fannie Mae will be updating DU with a release over the weekend of December 12, 2015.  Effective with casefiles submitted to DU 9.3, PennyMac will ...