AWACSMortgage compliance intelligence from Flightline

Briefings

Weekly briefing, July 6, 2026

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

Action required, new this week

Required changes published this week.

Pennymac Correspondent, Correspondent Announcement 26-76,
Action required

Property Insurance and Deductible Standards for Project Units

Loan impactConventionalJumboNon-QMEligibilityUnderwritingCompliance

Applies to: Conventional, AUS Jumbo, and Non-QM loans secured by units in project developments.

What to review: Review the mandatory HO-6 property insurance coverage requirements for jumbo and non-QM project unit loans with application dates on or after 2026-07-01 where master policies omit interior elements or include unit deductibles. AWACS interpretation

Effective Jul 1, 2026, by application dateView affected requirements →

Coming into effect in the next 60 days

Effective dates from .

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LLC Personal Guaranty Requirement for Non-QM Investment Loans
Carrington Correspondent, personal guaranty execution for LLC investment loans. In 9 days.
Non-QM Guideline Adjustments for Prepayment Penalties, DSCR Criteria, and Reserve Caps
Pennymac Correspondent, Non-QM underwriting guideline adjustments. In 14 days.
Fraud Risk Management Documentation Requirements for Annual Recertification
Newrez Correspondent, recertification fraud documentation. In 26 days.
RON Audit Trail Mandate, Product Adjustments, and Credit Policy Updates
Lakeview Correspondent, condominium review eligibility restrictions. In 28 days.
RON Audit Trail Mandate, Product Adjustments, and Credit Policy Updates
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Governance framework on use of artificial intelligence and machine learning
Fannie Mae, AI/ML governance framework. In 31 days.
Introduction of Jumbo 30-Year Fixed Program Over 80 Percent LTV
Pennymac Correspondent, Jumbo 30-year fixed product grid availability. In 32 days.
Revisions to Conventional Loan-Level Price Adjustments
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Conventional Loan-Level Price Adjustment Revisions
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Appraisal Transfer Guidelines for Yosemite Jumbo AUS
Newrez Correspondent, loan registrations and rate locks. In 52 days.
Expanded Eligibility and Reduced Credit Score Requirements for Temporary Buydowns
Pennymac Correspondent, temporary buydown program expansions. In 53 days.
MPF Traditional Servicing Updates for Forbearance, Modifications, and Foreclosure
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Revisions to Conventional Loan-Level Price Adjustments
Pennymac Correspondent, conventional best efforts commitments. In 58 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.

No data releases this week.