AWACSMortgage compliance intelligence from Flightline

Pennymac Correspondent · Correspondent Bulletin Announcement 26-75 · Published

Adjustments to Pricing Grids for Non-QM Products

The investor published revisions to loan-level price adjustments covering its Non-QM DSCR offering. The modifications apply to commitments locked under best-efforts execution starting June 30, 2026.

InformationalEffective Jun 30, 2026All checks passedRead the bulletin ↗ (opens in a new tab)

Loan impact

Summarized from the bulletin · verified

Applies to: Non-QM DSCR mortgages delivered under best efforts commitments on or after the specified pricing implementation date.

Addressed to
Pennymac correspondent sellersFrom the publisher, not quoted from the text
Investor
PennymacFrom the publisher, not quoted from the text
Effective
Jun 30, 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 pricing grids and loan-level price adjustments for Non-QM DSCR loans locked under best-efforts commitments starting June 30, 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.