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.
10.07.22
22-64: Enhancements to Temporary Interest Rate Buydown Re...
Effective immediately, Pennymac is pleased to announce expanded eligibility requirements and loan program availability for temporary interest rate ...
10.03.22
22-63: Increased Loan Limits Update
Pennymac Correspondent is revising our conventional loan limits to $700,000, effective Tuesday October 4, 2022.
10.03.22
22-62: Manual Underwriting Now Available on FHA loans
Currently, FHA full documentation loans must be submitted and approved through FHA TOTAL Scorecard. Effective immediately, Pennymac is excited to a...
10.03.22
22-61: Hours of Operation for Columbus Day Holiday 2022
Please note the hours of operation for Best Efforts, Bulk and Bulk-AOT Commitment Options: