Bulletin #2018-08 Appraisal Submission Updates

New Penn Financial National Correspondent Division is pleased to announce the following enhancement regarding appraisal submission.

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Bulletin #2018-07 Effective with locks beginning on June 5, 2018

Effective with locks beginning June 5, 2018, all loans will be subject to New Penn Financials’ National Correspondent Division Program Guidelines, we will no longer make exceptions based on our former guidelines as Envoy.

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Bulletin #2018-06 New Penn Conventional Product Updates

To all approved New Penn National Correspondent Lenders: Effective with new applications on or after May 18, 2018, the conventional products will be updated in order to better align with Freddie Mac guidelines.

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