Non-Delegated Announcements - Page 2
12.07.22
22-75: Updates to Conventional & Government LLPAs
Pennymac will update Conventional & Government LLPAs effective for all Best Effort Commitments taken on or after Friday, December 09, 2022 as follows:
11.29.22
22-74: Updates to Conventional LLPAs
Pennymac will update the footnote for the ‘Purchase Special’ LLPA effective for all Best Efforts Commitments taken on or after Friday, December 02,...
11.29.22
22-73: Conventional Loan Limit Increase for 2023
Effective immediately, PennyMac is aligning with the conforming loan limit increases for standard and high balance loans, as announced by Fannie Ma...
11.23.22
22-72: 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
22-71: Hours of Operation for Thanksgiving Holiday 2022
Please note the hours of operation for Best Efforts Commitment Option:
11.16.22
22-70: Update 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
22-69: 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
22-68: 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
22-67: Hours of Operation for Veterans Day Holiday
Please note the hours of operation for Best Efforts Commitment Option:
11.03.22
22-66: 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
22-65: 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
22-64: 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
22-63: 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...
10.07.22
22-62: Release of Temporary Interest Rate Buydowns on Con...
Currently, temporary interest rate buydowns are not allowed on our conventional, FHA and VA loan programs.
10.03.22
22-61: Increased Loan Limits Update
Pennymac Correspondent is revising our conventional loan limits to $700,000, effective Tuesday October 4, 2022.