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18-18: Uniform Closing Dataset (UCD) Requirement Reminder

  • April 20, 2018

Effective with deliveries as of May 1, 2018, PennyMac will begin to require evidence of successful submission of Uniform Closing Dataset (UCD) data to both Fannie Mae and Freddie Mac as a condition of purchase.

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18-17: Updates to Conventional and Jumbo LLPAs

  • April 04, 2018

PennyMac will be making various updates to the LLPAs for Conventional and Jumbo programs.

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18-16: Universal Loan Identifier (ULI) Can Now be Provided via Bulk Bid Tapes

  • March 22, 2018

Effective immediately sellers may also begin providing individual ULI numbers in their bulk bid tapes.

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18-15: Hours of Operation for Good Friday Holiday 2018

  • March 22, 2018

Please note the hours of operation for Best Effort, Mandatory, Bulk, AOT and DT Commitment Options: 

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18-14: FNMA SEL 18-02 Updates to the HomeStyle Program

  • March 20, 2018

For all DU approved conventional loans, PennyMac is aligning with the updates announced in Fannie Mae SEL 2018-02...

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18-13: PCG Updates to Conv LLPAs and AOT 3rd Settlement Month

  • March 14, 2018

PennyMac will make changes to the Conventional LLPAs and will also introduce a 3rd settlement month to the AOT rate sheet.

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18-12: Updates to PennyMac Jumbo Program

  • February 26, 2018

Effective Monday, March 5th, 2018 PennyMac will be updating Best Effort rate sheet for the Jumbo program.

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18-11: FNMA 2018-01: Various Topics

  • February 12, 2018

For all DU approved conventional loans, PennyMac is aligning with the updates announced in Fannie Mae SEL 2018-01.  All updates are effective immediately.

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18-10: Clarification of GNMA APM 17-06

  • February 01, 2018

Clarification of the Ginnie Mae seasoning requirements previously communicated in announcement 18-03.

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18-09: Reminder Regarding 2017 Tax Transcript

  • January 29, 2018

Effective with all loans closed on or after June 15, 2018, 2017 tax transcripts will be required per PennyMac’s Tax Transcript Policy...

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