12.30.21
21-107: Fannie Mae SEL 2021-09 and SEL 2021-11
PennyMac is aligning with all the Fannie Mae updates in SEL 2021-09 and SEL 2021-11. The updates include but are not limited to the following, and ...
12.28.21
21-106: Updates to Best Efforts Rate Sheet
PennyMac will update SRP tables effective for all Best Effort commitments taken on or after Thursday, December 30, 2021, as follows
12.23.21
21-105: Net Tangible Benefit Updates on FHA Streamline Re...
Effective with case numbers assigned on or after 1/24/2022, PennyMac will be aligning with the updated FHA Streamline Refinance Net Tangible Benefi...
12.22.21
21-104: Updates to Government LLPAs
PennyMac will update Government LLPAs effective for all Best Effort commitments taken on or after Thursday, December 23, 2021, as follows:
12.16.21
21-103: Hours of Operation for December 2021 Holidays
Please note the hours of operation for Best Effort, Bulk and Bulk-AOT commitment options:
12.15.21
21-102: FHA and VA Loan Limit Increase for 2022
Per FHA Mortgagee Letter 2021-28, effective with case numbers assigned on or after January 1, 2022, PennyMac is aligning with FHA’s increase to the...
12.13.21
21-101: General Loan Delivery: Update to Trailing Documents
Effective immediately, electronic copies of trailing documents can be delivered to PennyMac via the PennyMac Correspondent Portal (www.gopennymac.c...
12.06.21
21-100: Updates to Conventional and Government LLPAs
PennyMac will update Conventional and Government LLPAs effective for all Best Effort commitments taken on or after Wednesday, December 8, 2021, as ...
12.02.21
21-99: December Product Highlight | 2021 Recap and Happy ...
As we wrap up another successful year, don’t forget to check out the following resources and announcements published by PennyMac this year:
11.30.21
21-98: Conventional Loan Limit Increase for 2022
The Housing and Economic Recovery Act of 2008 (HERA) established the baseline loan limit of $417,000 and requires this limit to be adjusted each ye...
11.29.21
21-97: Updates to Conventional LLPAs
PennyMac will update Conventional LLPAs effective for all Best Effort commitments taken on or after Tuesday, November 30, 2021, as follows
11.17.21
21-96: Hours of Operation for Thanksgiving Holiday 2021
Please note the hours of operation for Best Effort, Bulk and Bulk-AOT Commitment Options:
11.16.21
21-95: Updates to Conventional and Government LLPAs
PennyMac will update Conventional and Government LLPAs effective for all Best Effort commitments taken on or after Friday, November 19, 2021, as fo...
11.16.21
21-94: Fannie Mae LL-2021-14 Temporary Requirements for C...
Effective with loan deliveries on or after 12/1/2021, PennyMac is aligning with Fannie Mae Lender Letter 2021-14, with the exception of the updates...
11.11.21
21-93: High Balance Loan Limits in High Cost Area Countie...
On October 8th, PennyMac announced increased high balance loan limits for select high cost area counties up to $937,500 for one unit properties.