AWACSMortgage compliance intelligence from Flightline

Briefings

Weekly briefing, June 15, 2026

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

Action required, new this week

Required changes published this week.

FHLB Chicago MPF, MPF Announcement 2026-40,
Action required

MPF Traditional Redesigned Uniform Residential Appraisal Report Implementation

Loan impactAppraisalUnderwriting

Applies to: Applies to all MPF Traditional loans with appraisal reports completed on or after November 2, 2026.

What to review: Review the mandatory requirement to implement the redesigned URAR for MPF Traditional loan appraisals completed on or after November 2, 2026. AWACS interpretation

Effective Nov 2, 2026; other items nowView affected requirements →

Coming into effect in the next 60 days

Effective dates from .

Revisions to Conventional Loan-Level Price Adjustments
Pennymac Correspondent, Best efforts commitments locked on or after the specified date. In 8 days.
Non-QM Guideline Adjustments for Prepayment Penalties, DSCR Criteria, and Reserve Caps
Pennymac Correspondent, Non-QM underwriting guideline adjustments. In 35 days.
Fraud Risk Management Documentation Requirements for Annual Recertification
Newrez Correspondent, recertification fraud documentation. In 47 days.
Governance framework on use of artificial intelligence and machine learning
Fannie Mae, AI/ML governance framework. In 52 days.
Revisions to Conventional Loan-Level Price Adjustments
Pennymac Correspondent, conventional best efforts commitments. In 57 days.

Review recommended

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

Nothing to review this week.

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.