Announcements

17-24: Uniform Closing Dataset Requirements

  • July 07, 2017

PennyMac will require that Correspondents submit Uniform Closing Dataset (UCD) files to both GSEs and provide evidence of a successful submission via the UCD Findings Reports.

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17-23: FHLMC Bulletin 2017-7 and 2017-8

  • June 26, 2017

PennyMac is aligning with the updates announced in Freddie Mac Bulletins 2017-7 and 2017-8.

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17-22: Payment and Amort Policy Update

  • June 16, 2017

Beginning in July, PennyMac is updating the Principal Balance Purchased - Payment Amortization Policy.

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17-21: Hours of Operation for 4th of July Holiday 2017

  • June 02, 2017

Please note the hours of operation for Best Effort,  Bulk,  AOT and DT Commitment Options for the 4th of July Holiday 2017.

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17-20: Revised Sample Rate Sheets for HomeReady and Home Possible Programs

  • May 11, 2017

PennyMac has made revisions to the sample rates sheets in relation to the previous announcement 17-19 pertaining to Fannie Mae’s HomeReady and Freddie Mac’s Home Possible programs. 

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17-19: Release of HomeReady, Home Possible Programs and 75 Day Best Efforts Commitments

  • May 05, 2017

PennyMac is pleased to announce the release of Fannie Mae’s HomeReady and Freddie Mac’s Home Possible programs along with expansion of the Best Efforts program to allow a 75 day commitment period.

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17-18: FNMA SEL 2017-04 Student Loan Updates

  • May 02, 2017

Effective immediately PennyMac is pleased to announce alignment with the following topics from Fannie Mae’s recent announcement SEL 2017-04.

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17-17: Rural Housing Procedural Notices 494 and 495: Net Tangible Benefit and Hazard Insurance Deductible Updates

  • April 26, 2017

Effective immediately, PennyMac is aligning with Rural Housing’s update to NTB definition and policy regarding hazard insurance deductibles.

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17-16: FHLMC Bulletin 2017-2 and Bulletin 2017-3: Various Updates

  • April 26, 2017

PennyMac is aligning with the updates announced in Freddie Mac Bulletin 2017-2 and 2017-3.

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17-15: Hours of Operation for Memorial Day Holiday 2017

  • April 21, 2017

Please note the hours of operation for Best Effort,  Bulk,  AOT and DT Commitment Options for the Memorial Day Holiday 2017.

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