Non-Delegated Announcements

Delegated Non-Delegated

05.16.25

25-51: Fannie Mae Selling Notice and Freddie Mac Bulletin...

Fannie Mae and Freddie Mac announced updated 2025 Area Median Income (AMI) limits with an effective date of May 18, 2025. Pennymac is aligning with...

05.16.25

25-50: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, May 19, 2025 as follows:

05.16.25

25-49: Hours of Operation for Memorial Day Holiday

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

05.12.25

25-48: Freddie Mac Income Calculator

Pennymac is pleased to announce that we are aligning with Freddie Mac’s release of their new income assessment tool, the Freddie Mac Income Calcula...

05.09.25

25-47: Adjustable-Rate Mortgages Now Eligible for the AUS...

Pennymac is pleased to announce the expansion of our Pennymac AUS Jumbo program to include Adjustable-Rate Mortgages (ARMs).

05.06.25

25-46: Freddie Mac Property Eligibility Updates and Docum...

As announced in Bulletin 2025-1, Freddie Mac has updated appraisal report requirements when detrimental conditions exist on the subject property si...

05.06.25

25-45: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Friday, May 09, 2025 as follows:

05.02.25

25-44: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, May 5, 2025 as follows:

04.30.25

25-43: Updates to Jumbo LLPAs

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Friday, May 02, 2025 as follows:

04.28.25

25-42: Updates to Conventional and Jumbo LLPAs

Pennymac will update Conventional and Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, April 29, 2025 as follows:

04.21.25

25-41: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, April 23, 2025 as follows:

04.11.25

25-40: Hours of Operation for Good Friday Holiday

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

04.10.25

25-39: FHA Info 2025-04: Handbook 4000.1 Updates

On January 10, 2025 FHA issued Info 2025-04 announcing the publication of the updated Single Family Housing Policy Handbook 4000.1 The update inclu...

04.09.25

25-38: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Thursday, April 10, 2025 as follows:

04.08.25

25-37: Freddie Mac Hybrid Appraisal Expansion

As announced in Freddie Mac Bulletin 2025-1, Freddie Mac is expanding eligibility for hybrid appraisals. This change is available for Loan Product ...