Announcements

12-02: Loans for properties in Georgia are eligible for sale to PennyMac.

  • January 12, 2012


 To: All Correspondent Sellers
 From: Patti Shumate, Managing DirectorWe are pleased to announce that loans for properties in Georgia are now eligible for sale to
 PennyMac. Our...

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12-01: Rental Income Analysis for FHA loans

  • January 06, 2012


 To: All Correspondent Sellers
 From: Patti Shumate, Managing DirectorOn December 21, 2011 via announcement 11-29, PennyMac required the use of FNMA's
 methodology in calcu...

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11-30: Announcement Updates

  • December 29, 2011


 To: All Correspondent Sellers
 From: Patti Shumate, Managing DirectorA reminder for our Correspondent partners:
         PennyMac systems and...

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11-29: Multiple Guidance Updates and Product Announcements

  • December 21, 2011

Announcement 11-29
 To: All Correspondent Sellers
 From: Patti Shumate, Managing DirectorAnnouncement Headlines
       Updated Product Profiles for:
&...

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11-28: Condo or PUD FNMA Submission "Project Classification Data"

  • December 16, 2011


 To: All Correspondent Sellers
 From: Patti Shumate, Managing DirectorA reminder for our Correspondent partners:
 When submitting a Fannie Mae Conventional Conforming loan, ...

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11-27: Client Portal

  • December 08, 2011


 To: All Correspondent Sellers
 From: Patti Shumate, Managing DirectorDue to the previously announced relocation to our new Moorpark, CA headquarters, PennyMac
 Corresponde...

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11-26: FHA Loan Limits and Submission Summary Report (SSR)

  • November 30, 2011


 To: All Correspondent Sellers
 From: Patti Shumate, Managing DirectorEffective for all mortgages with a case number assigned on, or after, November 18, 2011 through
&...

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11-25: PennyMac Corporate Address Change

  • November 30, 2011

Announcement 11-25To: All Correspondent Sellers
 From: Patti Shumate, Managing DirectorWe are proud to announce that PennyMac Correspondent Lending Group (PennyMac) has
 completed t...

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11-24: Uniform Collateral Data Portal (UCDP) Reminders.

  • November 16, 2011


 To: All Correspondent Sellers
 From: Patti Shumate, Managing Director
 PennyMac Correspondent Lending Group (PennyMac) requires that correspondent customers
 take ...

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11-23: Escrow Waiver Fee Conventional / Conforming and Jumbo Product

  • October 27, 2011

Announcement 11-23
 To: All Correspondent Sellers
 From: Patti Shumate, Managing DirectorWaiver Fee EscrowDue to the favorable response from our announcement regarding the change to our escro...

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