26-101: Updates to Non-QM LLPAs

08/26/2026

Pennymac will update Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Friday, August 28, 2026 as follows:

  • Improving values in the “Alt Doc - Risk Based Price Adjustments” grid in the ‘Non-QM A-series’ tabs.
  • Updating the UPB values in the “LLPAs by Product Feature” grid on the ‘Non-QM A-series’ tabs.

Please contact your Sales Representative with any questions.