AWACSMortgage compliance intelligence from Flightline

Briefings

Weekly briefing, May 25, 2026

Updates published to for Conventional, VA. Built from published records only.

Action required, new this week

Required changes published this week.

No new required changes this week.

Coming into effect in the next 60 days

Effective dates from .

National MI extends construction-to-permanent commitment period from 12 to 18 months
National MI, 18-month construction to permanent commitment period. In 12 days.
Revisions to Conventional Loan-Level Price Adjustments
Pennymac Correspondent, Best efforts commitments locked on or after the specified date. In 29 days.
Non-QM Guideline Adjustments for Prepayment Penalties, DSCR Criteria, and Reserve Caps
Pennymac Correspondent, Non-QM underwriting guideline adjustments. In 56 days.

Review recommended

New guidance, clarifications, flexibilities, overlays and insurer positions.

FHLB Chicago MPF, Program Announcement MPF Announcement 2026-32,
Review recommended

MPF Xtra Delivery of Native American Conventional Lending Initiative Mortgages

Loan impactConventionalProperty eligibilityProductsUnderwritingSecondary

Applies to: Conventional loans originated under the Native American Conventional Lending Initiative secured by tribal trust lands delivered via MPF Xtra.

What to review: Review the guidance allowing participating financial institutions to deliver eligible Fannie Mae Native American Conventional Lending Initiative mortgages secured by tribal trust lands through MPF Xtra, including relevant tribal agreements and program standards. AWACS interpretation

View affected requirements →

Threads that moved

Topics more than one source has acted on, with a new update this week.

No thread moved this week.

Data releases

Data releases and announcements with no direct requirement.