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12.23.16
Effective immediately, for all FHA Streamlines and VA IRRRLs
12.20.16
Effective with case numbers assigned on or after January 1, 2017, PennyMac is aligning
12.06.16
PennyMac is pleased to announce expansion of the Best Effort grids to include specialized base pricing for loan amounts less than 200K.
Please note the hours of operation for Best Effort, Bulk, AOT and DT Commitment Options:
12.02.16
Effective with commitments issued on or after December 5, 2016, PennyMac is aligning with the conforming loan limit increases for standard and hig...
11.25.16
For all conforming DU approved loans, PennyMac will be aligning with the updates announced in Fannie Mae SEL 2016-08
11.21.16
11.10.16
Ginnie Mae is requiring all streamline refinance transactions to have a minimum of six payments prior to refinancing for TBA deliverable Ginnie Ma...
11.03.16
PennyMac will release new SRP grids effective for all commitments taken on or after Monday, November 14, 2016.
10.12.16
FEMA has recently declared 14 counties in North Carolina as eligible for Individual Assistance due to Hurricane Matthew. PennyMac will be requiri...
10.06.16
Routing instructions for communications received from insurance carries for loans already sold to PennyMac.
Effective immediately, PennyMac’s mortgagee clause has been changed.
10.04.16
10.02.16
Effective for all FHA 203(k) commitments taken on or after Monday, October 10th, 2016, PennyMac is implementing an update to the fee schedule for A...
09.26.16
Per the Fiscal Year 2017 Commitment Notice released September 22, 2016, funding for the USDA Rural Housing Loan Program will not be available for ...
