Non-Delegated Announcements - Page 2

12.07.22

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

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

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

Pennymac will update Government LLPAs effective for all Best Effort Commitments taken on or after Friday, November 25, 2022 as follows:

11.17.22

Please note the hours of operation for Best Efforts Commitment Option:

11.16.22

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

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Friday, November 11, 2022 as follows:

11.04.22

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

Please note the hours of operation for Best Efforts Commitment Option:

11.03.22

Pennymac will update Conventional LLPAs effective for all Best Effort Commitments taken on or after Monday, November 7, 2022 as follows:

10.28.22

Pennymac will update Government LLPAs effective for all Best Effort Commitments taken on or after Monday, October 31, 2022 as follows:

10.24.22

Pennymac will update Government LLPAs effective for all Best Effort Commitments taken on or after Tuesday, October 25, 2022 as follows:

10.20.22

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

Currently, temporary interest rate buydowns are not allowed on our conventional, FHA and VA loan programs.

10.03.22

Pennymac Correspondent is revising our conventional loan limits to $700,000, effective Tuesday October 4, 2022.