AWACSMortgage compliance intelligence from Flightline

Pennymac Correspondent · Announcement 26-101 · Published

Revisions to Non-QM Loan-Level Price Adjustments

Pennymac announced modifications to its Non-QM pricing grids for best efforts commitments starting August 28, 2026. The revisions improve pricing for alternative documentation options and adjust balance tiers on A-series offerings.

InformationalEffective Aug 28, 2026All checks passedRead the announcement ↗ (opens in a new tab)

Loan impact

Summarized from the announcement · verified

Applies to: Non-QM mortgages registered under best efforts commitments on or after August 28, 2026.

Addressed to
Pennymac correspondent sellersFrom the publisher, not quoted from the text
Investor
PennymacFrom the publisher, not quoted from the text
Effective
Aug 28, 2026
Applicability confidence
Verified: every row taken from the source text is supported by it; rows marked "from the publisher" are not quoted

Summary by AWACS. Pennymac Correspondent's guide is proprietary, so AWACS does not reproduce its text. Read the official announcement ↗ (opens in a new tab)

What to do

AWACS interpretation · not source language

What to review: Review Pennymac's modified Non-QM pricing grids effective August 28, 2026, to identify pricing improvements for alternative documentation options and adjusted balance tiers on A-series offerings.

Source and record

Version 1 · archived

Checks

  • Source verified: Passed

    The document ID, link and publication date match the official source.

  • Quotes match the source: Passed

    Every quoted passage appears word for word in the official document.

  • Requirements backed by the source: Passed

    Anything marked required is backed by the requirement language and dates in the source.

  • In scope: Passed

    The document is about residential mortgage lending.

  • Format and labels: Passed

    The record follows the AWACS format and uses its standard labels.