Announcements - Page 43

Sign up to receive email announcements.

When we post new announcements to the site you will receive it in your inbox. Just enter your e-mail address and click sign up.

*The email address entered MUST be a company branded domain. gmail.com, yahoo.com, etc. will not be accepted.

12-18: Reminder-Gross Monthly Rent Requirement for Agency Loans

  • March 29, 2012


 To: All Correspondent SellersFrom: Mike Quinn, Managing DirectorIn accordance with Fannie Mae* requirements, the gross monthly rent for each unit must be
 documented for all inves...

Read More

12-17: Update to FHA Streamline Refinance Product Profile

  • March 29, 2012

To: All Correspondent Sellers
 From: Mike Quinn, Managing DirectorPennyMac is pleased to announce that our FHA Streamline Refinance Product Profile has
 been updated to allow for Credit Quali...

Read More

12-16: Clarification of Announcement 12-10 - Collateral Package Delivery

  • March 23, 2012

Announcement 12-16To: All Correspondent Sellers
 From: Mike Quinn, Managing Director       Requirements
 With this communication, PennyMac is clarifyin...

Read More

12-15: FHA Streamline Refinance Launch

  • March 15, 2012

Announcement 12-15To: All Correspondent Sellers
 From: Mike Quinn, Managing DirectorEffective March 15th, 2012 PennyMac is pleased to announce the launch of the FHA Streamline Refinance
 ...

Read More

12-14: Seller guide changes regarding loan delivery procedures

  • March 14, 2012

Announcement 12-14To: All Correspondent Sellers
 From: Mike Quinn, Managing DirectorEndorsements
 Currently, all loans sold to PennyMac require the note to be endorsed from Seller to
...

Read More

12-13: Elimination of the Government Price Adjustment for Cashout Refinance mortgages.

  • March 08, 2012

Announcement 12-13To:   All Correspondent Sellers
 From: Mike Quinn, Managing DirectorEffective Tuesday, March 13, 2012, PennyMac will eliminate the Government Price Adjustme...

Read More

12-12: Removal of Certain Overlays for Agency and FHA Loans

  • March 08, 2012

Announcement 12-12To: All Correspondent Sellers
 From: Mike Quinn, Managing DirectorEffective immediately, PennyMac is pleased to announce the removal of the following overlays:
 Agency ...

Read More

12-11: Revision to Jumbo Hazard Insurance Coverage Requirements

  • March 08, 2012

Announcement 12-11To: All Correspondent Sellers
 From: Mike Quinn, Managing DirectorEffective with loan applications as of March 12, 2012, PennyMac revises Jumbo policy as follows:
 ...

Read More

12-10: Clarification of Announcement 12-08 - Collateral Package Delivery

  • February 16, 2012


 To: All Correspondent Sellers
 From: Mike Quinn, Managing Director       Requirements
 Effective March 1, 2012, PennyMac is revising its...

Read More

12-09: 12-08: Collateral Package Delivery Requirements

  • February 16, 2012


 To: All Correspondent Sellers
 From: Mike Quinn, Managing Director
 Topics: Property Inspection Waivers; Seasoning Clarification
 PennyMac is pleased to announce t...

Read More

Archive