Pennymac Correspondent · Correspondent Announcement 26-106 · Published

Adjustments to Conventional, Jumbo, and Non-QM Loan-Level Pricing Grids

Pennymac is revising loan-level price adjustments across several conventional, jumbo, and non-conforming product lines. These pricing modifications apply to best efforts commitments initiated starting September 4, 2026.

InformationalEffective Sep 4, 2026All checks passedRead the announcement ↗ (opens in a new tab)

Loan impact

Summarized from the announcement · verified

Applies to: Conventional, jumbo, and non-conforming loans locked under best efforts commitments.

Addressed to
Pennymac correspondent sellersFrom the publisher, not quoted from the text
Investor
PennymacFrom the publisher, not quoted from the text
Effective
Sep 4, 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 the updated loan-level price adjustments for conventional, jumbo, and non-conforming product lines applicable to best efforts commitments starting September 4, 2026.

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.