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04.02.25
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, April 07, 2025 as follows:
04.01.25
Pennymac is aligning with the changes announced in Freddie Mac Bulletin 2024-16 regarding the use of restricted stock (RS) and restricted stock uni...
03.31.25
In Announcement 25-29, Pennymac announced several key changes to our AUS Jumbo program which included updates to our appraisal requirements. We hav...
03.28.25
As announced in Mortgagee Letter 2025-09, FHA has updated residency requirements to remove eligibility for non-permanent residents from the Single-...
03.24.25
As announced in Fannie Mae Selling Guide Announcement 2025-01, Fannie Mae is expanding eligibility for hybrid appraisals. This change is effective ...
Pennymac has updated our AUS Jumbo program with several key changes, effective with new applications dated on or after 3/24/2025. These updates are...
03.21.25
As announced in FHA Info 2025-10, FHA issued a temporary partial regulatory waiver and related Single Family Housing Policy 4000.1 wavier to its Mi...
03.17.25
As announced in Freddie Mac Bulletin 2025-1, Freddie Mac is updating their requirements for Automated Collateral Evaluation (ACE) and Automated Col...
As announced in Freddie Mac Guide Bulletin 2025-1, Freddie Mac has added flexibility to its requirements for rental income from a non-subject inves...
03.12.25
Effective with new applications dated on or after 04/01/25, Freddie Mac is updating their Selling Guide to require that when a borrower is an autho...
03.07.25
In conjunction with FHA ML 2025-04, Pennymac will allow rental income from boarders to qualify for an FHA- insured mortgage, subject to the require...
03.05.25
Effective immediately, Pennymac has updated our Non-Delegated Post CTC Data Change Request Form. This change was made to add efficiency and time sa...
02.28.25
As previously communicated in Announcement 24-72, Pennymac announced Freddie Mac changes to flood insurance premium calculations.
Effective Monday, March 10, 2025, Pennymac will be updating the Best Effort rate sheet to add new Conventional Spec Base Pricing Grids, and retire ...
02.25.25
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, February 26, 2025 as follows:
