Delegated Announcements

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10.14.26

26-124: Freddie Mac's Retirement of Assets as a Basis for...

Pennymac would like to reiterate Freddie Mac's Bulletin 2026-10 announced retirement of "Assets as a Basis for Repayment of Obligations".

10.09.26

26-123: VantageScore 4.0 Support for Bulk Bid Deliveries ...

Effective immediately, Pennymac is equipped to handle both Classic FICO and VantageScore 4.0 for bulk conforming loan deliveries.

10.09.26

26-122: Updates to CES

Pennymac will update the max CES price effective for all Best Efforts Commitments taken on or after Monday, October 12, 2026.

10.09.26

26-121: Update to Appraisal Policy: Continued Acceptance ...

Pennymac will continue to accept GSE loans with appraisals in either the UAD 3.6 or legacy UAD 2.6 format.

10.06.26

26-120: Freddie Mac Retires Assets as a Basis for Repayme...

Pennymac is aligning with Freddie Mac’s Bulletin 2026-10 announcement retiring "Assets as a Basis for Repayment of Obligations" effective February ...

10.05.26

26-119: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, October 6, 2026.

10.05.26

26-118: Hours of Operation for Columbus Day Holiday

Please note the hours of operation for Best Efforts, Bulk and Bulk AOT Commitment Options.

10.02.26

26-117: VantageScore 4.0 Eligibility for GSE Transactions

Pennymac is pleased to announce that VantageScore 4.0 (VS4) is eligible for certain GSE transactions.

09.29.26

26-116: Updates to Conventional and Government LLPAs

Pennymac will update Conventional and Government LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, September 30, 2026.

09.29.26

26-115: Live Webinar: Mastering Non-QM Exception Requests

Join Pennymac’s Non-QM webinar, Mastering Non-QM Exception Requests, on October 6th to learn how to navigate the exception lifecycle like a pro.

09.25.26

26-114: Closed-End Second Program Release

Pennymac is pleased to announce the release of the Pennymac Closed-End Second (CES) Program to our Pennymac Correspondent Group effective immediately.

09.22.26

26-113: Updates to Conventional and Jumbo LLPAs

Pennymac will update Conventional and Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, September 23, 2026.

09.21.26

26-112: Fannie Mae RefiNow Project Review Update

Pennymac is aligning with Fannie Mae’s update to Lender Letter 2021-10 regarding RefiNow condominium project review requirements, effective August ...

09.18.26

26-111: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, September 21, 2026.

09.16.26

26-110: Increased Conventional Loan Limits Now Available

Pennymac is excited to announce that we’re raising our conventional loan limits to $850,000, effective with new locks on or after September 16, 2026.