AWACSMortgage compliance intelligence from Flightline

Pennymac Correspondent · Announcement 26-52 · Published

Modifications to Pricing Adjustments for Non-Conforming and Government Loans

Pennymac revised pricing grids for jumbo transactions and eliminated state-specific add-ons for government mortgages. These adjustments take effect for commitments executed on or after the specified mid-May date.

Review recommendedEffective May 15, 2026Checks passed· adjusted automaticallyRead the announcement ↗ (opens in a new tab)

Loan impact

Summarized from the announcement · needs review

Applies to: Non-conforming jumbo transactions and FHA mortgages locked under best efforts commitment contracts.

Addressed to
Pennymac correspondent sellersFrom the publisher, not quoted from the text
Investor
PennymacFrom the publisher, not quoted from the text
Programs
FHA, Jumbo
Effective
May 15, 2026
Applicability confidence
Needs review: some rows could not be matched to a quote from the source

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 revised pricing grids for jumbo transactions and the elimination of state-specific add-ons for government loan commitments taking effect on May 15, 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, adjusted automatically

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

    • A loan-impact detail without a supporting quote was removed
    • A detail the source does not support was removed or adjusted

  • 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.