Saluda Grade Mortgage Funding LLC ABS-15G

Exhibit 99.1 Schedule 1

 

                               

 

Saluda Grade

DSCR Cumulative

12/8/2022                                                    

 

Loan ID Customer Loan ID Seller Loan ID Note Date Original Loan Amount Last Name Property State Occupancy Purpose Originator QM/ATR Status TPR QM/ATR Status Exception ID Exception Number Exception Date Exception Type Exception Subcategory Exception Exception Remedy Rebuttal TPR Response Compensating Factors Status Update Date Finding Status Initial Exception Grade Final Exception Grade Initial Loan Grade Final Loan Grade
104296 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 283223 1 of 3 2022-02-02 21:19 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-11-04 21:19 Resolved 3 1 3 1
104296 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 369805 2 of 3 2022-03-28 18:25 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-28 18:25 Cleared 1 1 3 1
104296 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 372291 3 of 3 2022-03-29 19:45 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-03-29 19:45 Cleared 1 1 3 1
105049 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 283128 1 of 3 2022-02-02 20:57 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-11-04 20:57 Resolved 3 1 3 1
105049 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 306362 2 of 3 2022-02-17 04:06 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-17 04:06 Cleared 1 1 3 1
105049 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 309840 3 of 3 2022-02-18 17:19 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-02-18 17:19 Cleared 1 1 3 1
105233 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 283173 1 of 4 2022-03-15 12:37 Credit Flood Certificate Missing Missing flood certificate. Flood Certs uploaded. Documentation provided was sufficient. 2022-05-17 12:37 Resolved 4 1 4 1
105233 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 309275 2 of 4 2022-03-15 12:40 Credit Audited Reserves are less than Guideline Required Reserves (Number of Months) Audited Reserves of 5 month(s) are less than Guideline Required Reserves of 6 month(s). Verified assets of $XXXX do not meet the minimum 6 month reserve requirement of $XXXX. Bank Statements and HUD-1 uploaded. Documentation provided was sufficient. 2022-05-18 16:54 Resolved 3 1 4 1
105233 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 348647 3 of 4 2022-03-15 13:20 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDAs obtained which supported value. 2022-08-30 13:20 Resolved 3 1 4 1
105233 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 369808 4 of 4 2022-03-28 18:26 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-28 18:26 Cleared 1 1 4 1
105361 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 282129 1 of 4 2022-03-15 13:49 Credit Asset 1 Less Than 2 Months Verified Verified Lender guidelines require assets to be verified/seasoned for 60 days. Only 1 month bank statements are in file. Bank Statements uploaded. Documentation provided was sufficient. 2022-05-17 19:52 Resolved 3 1 4 1
105361 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 282189 2 of 4 2022-02-02 14:57 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 19:52 Resolved 4 1 4 1
105361 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 306363 3 of 4 2022-02-17 04:47 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-17 04:47 Cleared 1 1 4 1
105361 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 348584 4 of 4 2022-03-15 13:02 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 13:02 Resolved 3 1 4 1
105375 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 282591 1 of 3 2022-02-02 16:51 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 16:51 Resolved 4 1 4 3
105375 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 306364 2 of 3 2022-02-17 05:00 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-17 05:00 Cleared 1 1 4 3
105375 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 348669 3 of 3 2022-03-15 13:31 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. BPO obtained which did not support value 2022-03-15 13:31 Upheld 3 3 4 3
105546 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 283865 1 of 5 2022-02-03 14:00 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 15:25 Resolved 4 1 4 2
105546 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 283901 2 of 5 2022-02-03 14:19 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-11-04 14:19 Resolved 3 1 4 2
105546 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 307047 3 of 5 2022-03-15 13:55 Credit Audited Reserves are less than Guideline Required Reserves (Number of Months) Audited Reserves of  month(s) are less than Guideline Required Reserves of 6 month(s). Total verified assets of $XXXX do not meet the minimum reserve requirement of $XXXX. Bank Statements uploaded. Formal exception uploaded. Total Cash to Close was $XXXX and reserves required were $XXXX however total verified assets are $XXXX which is not sufficient. Formal exception with compensating factors reviewed. DSCR of 1.65 which exceeds minimum of 1 and leverage ratios are 60% 2022-05-23 14:05 Waived 3 2 4 2
105546 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 318304 4 of 5 2022-02-24 21:01 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-24 21:01 Cleared 1 1 4 2
105546 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 348729 5 of 5 2022-03-15 13:54 Credit Asset 1 Less Than 2 Months Verified Lender guidelines require assets to be verified/seasoned for 60 days. Only 1 month bank statements are in file for all XXXX accounts. Bank Statements uploaded. Formal exception uploaded. Total Cash to Close was $XXXX and total verified assets are $XXXX which is not sufficient. Formal exception with compensating factors reviewed. DSCR of 1.65 which exceeds minimum of 1 and leverage ratios are 60% 2022-05-23 19:55 Waived 3 2 4 2
105574 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 305914 1 of 3 2022-02-16 21:03 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-16 21:03 Cleared 1 1 3 1
105574 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 348893 2 of 3 2022-03-15 14:35 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. BPO obtained which supported value. 2022-03-15 14:35 Resolved 3 1 3 1
105574 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 372317 3 of 3 2022-03-29 19:51 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-03-29 19:51 Cleared 1 1 3 1
105602 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 306072 1 of 3 2022-02-16 21:51 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-16 21:51 Cleared 1 1 3 1
105602 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 348899 2 of 3 2022-03-15 14:41 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 14:41 Resolved 3 1 3 1
105602 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 372319 3 of 3 2022-03-29 19:52 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-03-29 19:52 Cleared 1 1 3 1
105648 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 306179 1 of 3 2022-02-16 22:39 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-16 22:39 Cleared 1 1 3 1
105648 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 348903 2 of 3 2022-03-15 14:43 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 14:43 Resolved 3 1 3 1
105648 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 372330 3 of 3 2022-03-29 19:54 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-03-29 19:54 Cleared 1 1 3 1
105689 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 282375 1 of 5 2022-02-02 15:37 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 19:56 Resolved 4 1 4 2
105689 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 306265 2 of 5 2022-02-16 23:29 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-16 23:29 Cleared 1 1 4 2
105689 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 308090 3 of 5 2022-02-17 19:03 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Cashout for subject loan of $XXXX, program max allowed up to $XXXX. Formal Exception uploaded. Formal Exception with compensating factors reviewed. LTV of 68.84% which is less than maximum of 80%, borrower's FICO is 86 points higher than the minimum, borrower has good experience of 3 projects within 24 months and verified assets of $XXXX which exceeds $XXXX required. 2022-05-18 19:04 Waived 3 2 4 2
105689 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 348948 4 of 5 2022-03-15 14:55 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 14:43 Resolved 3 1 4 2
105689 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 348960 5 of 5 2022-03-15 14:59 Credit Cash Out Does Not Meet Guideline Requirements The subject loan does not conform to program guidelines. Cash out for subject loan per final settlement statement is $XXXX and the program max allowed is 2% of the loan amount, or $XXXX. Formal Exception uploaded. Formal Exception with compensating factors reviewed. LTV of 68.84% which is less than maximum of 80%, borrower's FICO is 86 points higher than the minimum, borrower has good experience of 3 projects within 24 months and verified assets of $XXXX which exceeds $XXXX required. 2022-05-18 19:56 Waived 3 2 4 2
105769 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 286755 1 of 3 2022-03-15 16:01 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 16:01 Resolved 3 1 3 1
105769 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 323177 2 of 3 2022-03-01 13:59 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-01 13:59 Cleared 1 1 3 1
105769 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 376120 3 of 3 2022-03-31 16:02 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-03-31 16:02 Cleared 1 1 3 1
106517 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 285355 1 of 4 2022-03-15 16:16 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 16:16 Resolved 4 1 4 1
106517 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 285415 2 of 4 2022-02-03 21:58 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-03 21:58 Cleared 1 1 4 1
106517 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 285422 3 of 4 2022-03-15 16:10 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 16:10 Resolved 3 1 4 1
106517 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 349201 4 of 4 2022-03-15 16:14 Credit Asset 1 Less Than 2 Months Verified Asset 1 Less Than 2 Months Verified Lender guidelines require assets to be verified/seasoned for 60 days. Only 1 month bank statements (XXXX dated 9/30/2021) are in file. Bank Statements uploaded. Documentation provided was sufficient. 2022-05-17 16:14 Resolved 3 1 4 1
106559 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 285488 1 of 5 2022-03-15 16:43 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 16:43 Resolved 4 1 4 2
106559 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 308512 2 of 5 2022-02-17 21:20 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 2
106559 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 318317 3 of 5 2022-02-24 21:06 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-24 21:06 Cleared 1 1 4 2
106559 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 349306 4 of 5 2022-03-15 16:51 Credit Asset 1 Less Than 2 Months Verified Asset 1 Less Than 2 Months Verified Lender guidelines require assets to be verified/seasoned for 60 days. Only 1 month bank statements are in file, which is XXXX Checking #XXXX dated 10/29/2021. Bank Statements uploaded. Documentation provided was sufficient. 2022-05-18 16:51 Resolved 3 1 4 2
106559 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 349312 5 of 5 2022-03-15 16:53 Credit Assets - Insufficient Cash to Close The loan file does not contain all required asset documentation. Total verified assets are not sufficient to cover total required assets. Verified assets of $XXXX do not meet the required cash to close of$XXXX + 6 months reserves of$XXXX (total of $XXXX), leaving a shortage of $XXXX. Formal Exception uploaded. Formal Exception with compensating factors reviewed. Qualifying FICO of 718 and experienced investor with 3 properties within last 24 months. 2022-05-18 16:53 Waived 3 2 4 2
106590 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 318361 1 of 3 2022-02-24 21:22 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-24 21:22 Cleared 1 1 3 1
106590 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 349436 2 of 3 2022-03-15 17:45 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. BPO obtained which supported value. 2022-03-15 17:45 Resolved 3 1 3 1
106590 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 376245 3 of 3 2022-03-31 16:28 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-03-31 16:28 Cleared 1 1 3 1
106621 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 282841 1 of 4 2022-03-15 17:56 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 17:56 Resolved 4 1 4 2
106621 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 282894 2 of 4 2022-03-16 19:13 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Lender guidelines require DSCR of 1.00 or greater.  PITIA payment Is $XXXX/mo, executed lease is $XXXX/mo.  Ratio does not meet 1.00 guideline. Formal Exception uploaded. Formal Exception with compensating factors reviewed. Loan has interest only payment for first 5 years and qualifies with DSCR of 1.18 with IO payment, LTV of 70% which is below max of 75%, Qualifying FICO of 694 and verified assets over $XXXX which exceeds required of $XXXX.  2022-05-18 19:13 Waived 3 2 4 2
106621 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 349518 3 of 4 2022-03-15 18:01 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 14:43 Resolved 3 1 4 2
106621 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 369829 4 of 4 2022-03-28 18:32 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-28 18:32 Cleared 1 1 4 2
106641 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 281143 1 of 3 2022-03-15 18:09 Compliance Missing Deed of Trust Riders Entity Borrower Rider is checked on the Mortgage; however, this rider is not evidenced in the loan file. Riders uploaded. Documentation provided was sufficient. 2022-05-17 18:09 Resolved 3 1 3 1
106641 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 349555 2 of 3 2022-03-15 18:09 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 14:43 Resolved 3 1 3 1
106641 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 372335 3 of 3 2022-03-29 19:55 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-03-29 19:55 Cleared 1 1 3 1
106646 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 284968 1 of 3 2022-02-03 19:39 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-11-04 19:39 Resolved 3 1 3 2
106646 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 308367 2 of 3 2022-03-15 18:26 Credit Audited FICO is less than Guideline FICO Audited FICO of 613 is less than Guideline FICO of 620. Guidelines indicate the lowest qualifying score of all applicants is used to qualify. Lender used score of 715 to qualify; however, lowest middle score between both borrowers is 613, which does not meet program minimum FICO score of 620. Formal Exception uploaded. Formal Exception with compensating factors reviewed. DSCR of 1.78 which is above minimum of 1, leverage ratios are 62.80%, verified assets of $XXXX which exceeds required of $XXXX, business ownership is 51%/49% per borrowers and FICOs are 715 and 613 respectively. 2022-05-18 18:28 Waived 3 2 3 2
106646 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 318441 3 of 3 2022-02-24 21:55 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-24 21:55 Cleared 1 1 3 2
106678 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 286339 1 of 3 2022-03-15 18:39 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 18:39 Resolved 4 1 4 1
106678 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 307690 2 of 3 2022-03-15 18:39 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 14:43 Resolved 3 1 4 1
106678 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 318814 3 of 3 2022-02-25 13:28 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-25 13:28 Cleared 1 1 4 1
106680 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 286418 1 of 3 2022-02-04 16:56 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-02-18 20:07 Cleared 1 1 3 1
106680 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 305891 2 of 3 2022-02-16 20:55 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-16 20:55 Cleared 1 1 3 1
106680 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 372461 3 of 3 2022-03-29 20:28 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 14:43 Resolved 3 1 3 1
106698 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 305959 1 of 3 2022-02-16 21:15 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-16 21:15 Cleared 1 1 3 1
106698 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 349614 2 of 3 2022-03-15 18:46 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 14:43 Resolved 3 1 3 1
106698 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 376253 3 of 3 2022-03-31 16:30 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-03-31 16:30 Cleared 1 1 3 1
106735 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 287716 1 of 3 2022-02-05 02:05 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-02-05 02:05 Cleared 1 1 1 1
106735 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 305989 2 of 3 2022-02-16 21:25 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-16 21:25 Cleared 1 1 1 1
106735 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 376257 3 of 3 2022-03-31 16:30 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-03-31 16:30 Cleared 1 1 1 1
106846 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 309349 1 of 3 2022-03-16 11:26 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. BPO obtained which supported value. 2022-03-16 11:26 Resolved 3 1 3 1
106846 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 369859 2 of 3 2022-03-28 18:41 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-28 18:41 Cleared 1 1 3 1
106846 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 376270 3 of 3 2022-03-31 16:31 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-03-31 16:31 Cleared 1 1 3 1
106927 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 282632 1 of 3 2022-03-16 11:32 Compliance Missing Deed of Trust Riders Entity Borrower Rider and Vacant Property Rider are both missing from the loan file. . Riders uploaded. Documentation provided was sufficient. 2022-05-17 18:47 Resolved 3 1 4 1
106927 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 284487 2 of 3 2022-03-16 11:33 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 11:33 Resolved 4 1 4 1
106927 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 284578 3 of 3 2022-03-16 11:33 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 14:43 Resolved 3 1 4 1
106928 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 286219 1 of 3 2022-03-16 12:02 Credit Flood Certificate Missing Missing flood certificate. Flood Certs uploaded. Documentation provided was sufficient. 2022-05-17 12:10 Resolved 4 1 4 1
106928 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 350502 2 of 3 2022-03-16 12:10 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 12:10 Resolved 3 1 4 1
106928 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 369861 3 of 3 2022-03-28 18:43 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-28 18:43 Cleared 1 1 4 1
106968 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 278833 1 of 4 2022-01-31 19:46 Compliance The Note is Missing The Note is missing. Note uploaded. Documentation provided was sufficient. 2022-05-16 18:53 Resolved 4 1 4 3
106968 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 284663 2 of 4 2022-03-16 12:34 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient.  2022-05-17 12:42 Resolved 4 1 4 3
106968 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 284666 3 of 4 2022-03-16 12:38 Credit Flood Insurance Policy Missing Missing Flood Insurance Policy Flood Zone as determined by Appraisal report is AE, which requires Flood Insurance. No evidence of a flood insurance policy is in file. Appraisal uploaded. Documentation provided was sufficient.  2022-05-10 12:42 Resolved 3 1 4 3
106968 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 376274 4 of 4 2022-03-31 16:34 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. BPO obtained which did not support value 2022-11-07 16:34 Upheld 3 3 4 3
106975 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 318881 1 of 3 2022-02-25 14:05 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-25 14:05 Cleared 1 1 3 1
106975 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 350583 2 of 3 2022-03-16 12:45 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. BPO obtained which supported value. 2022-03-16 12:45 Resolved 3 1 3 1
106975 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 376281 3 of 3 2022-03-31 16:35 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-03-31 16:35 Cleared 1 1 3 1
106977 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 283863 1 of 3 2022-02-03 13:59 Compliance Missing Deed of Trust Riders Vacant Property Rider and Entity Borrower Rider are missing. Vacant Property Rider uploaded. Documentation provided was sufficient. 2022-05-17 18:55 Resolved 3 1 3 1
106977 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 372353 2 of 3 2022-03-29 19:59 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-03-29 19:59 Cleared 1 1 3 1
106977 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 376346 3 of 3 2022-03-31 16:49 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-03-31 16:49 Cleared 1 1 3 1
106983 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 283979 1 of 3 2022-02-03 14:42 Compliance Missing Deed of Trust Riders Entity Borrower Rider and Vacant Property Rider are missing. Entity Borrower Rider and Vacant Property Rider uploaded. Documentation provided was sufficient. 2022-05-17 14:30 Resolved 3 1 4 1
106983 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 287362 2 of 3 2022-03-16 13:03 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 13:03 Resolved 4 1 4 1
106983 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 350640 3 of 3 2022-03-16 13:03 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. BPO obtained which supported value. 2022-03-16 13:03 Resolved 3 1 4 1
106986 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 283401 1 of 3 2022-02-02 22:35 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. BPO obtained which supported value. 2022-03-16 13:06 Resolved 3 1 3 1
106986 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 316278 2 of 3 2022-02-24 01:36 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-24 01:36 Cleared 1 1 3 1
106986 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 376347 3 of 3 2022-03-31 16:50 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-03-31 16:50 Cleared 1 1 3 1
106991 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 289016 1 of 4 2022-03-16 13:34 Credit Flood Certificate Missing Missing flood certificate. Flood Certs uploaded. Documentation provided was sufficient. 2022-05-17 13:34 Resolved 4 1 4 1
106991 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 350778 2 of 4 2022-03-16 13:33 Credit Title Coverage is Less than Subject Lien(s) Total The amount of title insurance verified in the loan file is not sufficient to cover the loan amount of $XXXX. The amount covered is missing from the Title Commitment. Title Policy uploaded. Documentation provided was sufficient. 2022-05-17 13:33 Resolved 3 1 4 1
106991 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 369928 3 of 4 2022-03-28 19:02 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-28 19:02 Cleared 1 1 4 1
106991 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 372355 4 of 4 2022-03-29 20:00 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDAs obtained which supported value. 2022-11-04 20:00 Resolved 3 1 4 1
106992 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 287390 1 of 4 2022-03-16 13:43 Credit Flood Certificate Missing Missing flood certificate. Flood insurance uploaded. Documentation provided was sufficient. 2022-05-10 13:43 Resolved 4 1 4 1
106992 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 319020 2 of 4 2022-02-25 15:10 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-25 15:10 Cleared 1 1 4 1
106992 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 350872 3 of 4 2022-03-16 13:50 Credit Assets - Insufficient Cash to Close The loan file does not contain all required asset documentation. Total verified assets are not sufficient to cover total required assets. Verified assets of $XXXX are insufficient to cover required cash to close of $XXXX + reserves of $XXXX Documentation uploaded for porfolio transactions. Documentation provided was sufficient. 2022-05-18 13:50 Resolved 3 1 4 1
106992 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 350873 4 of 4 2022-03-16 13:50 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 13:50 Resolved 3 1 4 1
106993 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 287711 1 of 5 2022-03-16 14:17 Credit Flood Certificate Missing Missing flood certificate. Flood Certs uploaded. Documentation provided was sufficient. 2022-05-17 14:18 Resolved 4 1 4 1
106993 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 314208 2 of 5 2022-02-22 23:54 Credit Audited Reserves are less than Guideline Required Reserves (Number of Months) Audited Reserves of 0 month(s) are less than Guideline Required Reserves of 6 month(s). Documentation uploaded for porfolio transactions. Documentation provided was sufficient. 2022-05-18 23:54 Resolved 3 1 4 1
106993 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 319035 3 of 5 2022-02-25 15:17 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-25 15:17 Cleared 1 1 4 1
106993 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 351018 4 of 5 2022-03-16 14:20 Credit Asset 1 Less Than 2 Months Verified Asset 1 Less Than 2 Months Verified XXXX Account #XXXX has 1 statement dated 12/23/2021. Lender guidelines require assets to be verified/seasoned for 60 days. Bank Statements uploaded. Documentation provided was sufficient. 2022-05-18 14:27 Resolved 3 1 4 1
106993 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 372363 5 of 5 2022-03-29 20:02 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDAs obtained which supported value. 2022-11-04 20:02 Resolved 3 1 4 1
107027 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 284348 1 of 3 2022-03-16 14:38 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 14:38 Resolved 4 1 4 1
107027 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 312331 2 of 3 2022-02-22 15:05 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 15:05 Resolved 3 1 4 1
107027 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 369951 3 of 3 2022-03-28 19:13 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-28 19:13 Cleared 1 1 4 1
107045 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 336113 1 of 4 2022-03-08 15:32 Credit Program Parameters - LTV The subject loan does not meet program parameters for LTV. The subject LTV does not meet guidelines. Max LTV for FICO score 661 is 75%. Loan is at 79.95% LTV. Formal Exception uploaded. Formal Exception with compensating factors reviewed. Loan has interest only payment for first 5 years and qualifies with DSCR of 1.15 with IO payment, borrower's FICO is 677 however the other borrowers that comprise the remaining 50% ownership are 778 and 661 and verified assets of $XXXX which exceeds required $XXXX. 2022-05-18 15:32 Waived 3 2 3 2
107045 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 351247 2 of 4 2022-03-16 14:50 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 14:50 Resolved 3 1 3 2
107045 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 353404 3 of 4 2022-03-17 12:04 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Lender guidelines allow for the use of either the Third Party Rent Estimate ($XXXX) or the current lease agreement(s) ($XXXX). Audited PITIA is $XXXX, divided by current lease income of $XXXX = ratio of 0.90. Guideline minimum is 1.0. Formal Exception uploaded. Formal Exception with compensating factors reviewed. Loan has interest only payment for first 5 years and qualifies with DSCR of 1.15 with IO payment, borrower's FICO is 677 however the other borrowers that comprise the remaining 50% ownership are 778 and 661 and verified assets of $XXXX which exceeds required $XXXX. 2022-05-18 12:04 Waived 3 2 3 2
107045 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 369961 4 of 4 2022-03-28 19:17 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-28 19:17 Cleared 1 1 3 2
107046 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 322290 1 of 3 2022-02-28 20:15 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-28 20:15 Cleared 1 1 3 1
107046 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 372369 2 of 3 2022-03-29 20:03 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-11-04 20:03 Resolved 3 1 3 1
107046 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 374706 3 of 3 2022-03-30 19:59 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-03-30 19:59 Cleared 1 1 3 1
107097 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 278679 1 of 5 2022-01-31 18:52 Compliance The Note is Missing The Note is Missing -- XXXX as Borrower and XXXX as Lender. Note uploaded. Documentation provided was sufficient. 2022-05-20 16:14 Resolved 4 1 4 1
107097 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 278680 2 of 5 2022-01-31 18:53 Compliance The Deed of Trust is Missing The Deed of Trust is missing -- XXXX as Borrower and XXXX as Lender. Deed of Trust uploaded. Documentation provided was sufficient. 2022-05-20 16:14 Resolved 4 1 4 1
107097 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 285682 3 of 5 2022-03-16 15:01 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 15:01 Resolved 4 1 4 1
107097 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 285685 4 of 5 2022-03-16 15:01 Credit Title Document Missing Title document is missing. No evidence of preliminary title or a title commitment in file. Title Commitment uploaded. Documentation provided was sufficient. 2022-05-16 15:01 Resolved 3 1 4 1
107097 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 372374 5 of 5 2022-03-29 20:05 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 20:05 Resolved 3 1 4 1
107298 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 278376 1 of 4 2022-01-31 17:24 Compliance Missing Deed of Trust Riders Entity Borrower Rider and Vacant Property Rider are missing. Entity Borrower Rider and Vacant Property Rider uploaded. Documentation provided was sufficient. 2022-05-17 16:17 Resolved 3 1 4 1
107298 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 285680 2 of 4 2022-02-04 03:12 Credit Flood Certificate Missing Missing flood certificate. FEMA map uploaded. Documentation provided was sufficient. 2022-05-10 03:12 Resolved 4 1 4 1
107298 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 364104 3 of 4 2022-03-23 17:53 Credit Missing credit report Missing credit report for co borrower, XXXX. Credit Report uploaded. Documentation provided was sufficient. 2022-05-17 17:53 Resolved 4 1 4 1
107298 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 372379 4 of 4 2022-03-29 20:08 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. BPO obtained which supported value. 2022-03-29 20:08 Resolved 3 1 4 1
107392 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 276904 1 of 5 2022-01-28 21:48 Compliance The Note is Missing The Note is missing. Note uploaded. Documentation provided was sufficient. 2022-05-16 19:30 Resolved 4 1 4 1
107392 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 276924 2 of 5 2022-01-28 21:51 Compliance The Deed of Trust is Missing The Deed of Trust is missing. Deed of Trust uploaded. Documentation provided was sufficient. 2022-05-16 19:31 Resolved 4 1 4 1
107392 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 283422 3 of 5 2022-02-02 22:58 Credit Flood Certificate Missing Missing flood certificate. Flood Certs uploaded. Documentation provided was sufficient. 2022-05-17 15:15 Resolved 4 1 4 1
107392 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 283433 4 of 5 2022-02-02 22:59 Credit Title Document Missing Title document is missing. No evidence of preliminary title or a title commitment in file. Title Commitment uploaded. Documentation provided was sufficient. 2022-05-16 15:14 Resolved 3 1 4 1
107392 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 372405 5 of 5 2022-03-29 20:16 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 20:16 Resolved 3 1 4 1
107395 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 285417 1 of 4 2022-03-16 11:42 Credit Flood Certificate Missing Missing flood certificate. Flood Certs uploaded. Documentation provided was sufficient. 2022-05-17 11:42 Resolved 4 1 4 1
107395 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 285439 2 of 4 2022-03-16 11:41 Credit Title Document Missing Title document is missing. No evidence of preliminary title or a title commitment in file. Title Commitment uploaded. Documentation provided was sufficient. 2022-05-16 11:41 Resolved 3 1 4 1
107395 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 319313 3 of 4 2022-02-25 16:49 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-25 16:49 Cleared 1 1 4 1
107395 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 350467 4 of 4 2022-03-16 11:43 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
1.09163E+11 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 284599 1 of 4 2022-02-03 17:38 Credit Asset 1 Less Than 2 Months Verified Asset 1 Less Than 2 Months Verified Per guidelines, 2 months most recent bank statements are required. Cash out does not meet reserve requirement as only 10% of cash out proceeds may be used for reserves. Additional bank statement is needed, only 1.5 months are in file. Bank Statements uploaded. Formal Exception uploaded. XXXX statement print out is from 11/3/2021 through 12/13/2021 which is not sufficient for 2 full months. Formal exception with compensating factors uploaded. Subject LTV of 75%, Qualifying FICO of 727, borrower has 3 properties to illustract experience and verified assets of $XXXX which exceeds requires reserves of $XXXX. 2022-05-17 17:38 Waived 3 2 4 2
1.09163E+11 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 284617 2 of 4 2022-02-03 17:43 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 17:43 Resolved 4 1 4 2
1.09163E+11 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 310420 3 of 4 2022-02-18 20:40 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 20:40 Resolved 3 1 4 2
1.09163E+11 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 370082 4 of 4 2022-03-28 19:58 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-28 19:58 Cleared 1 1 4 2
2111001 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 275273 1 of 5 2022-01-28 15:47 Credit Missing credit report Credit Report is missing. Credit Report uploaded. Documentation provided was sufficient. 2022-05-16 14:18 Resolved 4 1 4 1
2111001 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 284891 2 of 5 2022-03-16 12:13 Credit Flood Certificate Missing Missing flood certificate.  Flood Cert uploaded. Documentation provided was sufficient. 2022-05-10 12:13 Resolved 4 1 4 1
2111001 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 284893 3 of 5 2022-02-03 19:23 Credit Hazard Insurance Policy is Missing Missing Hazard Insurance Policy. Hazard Policy uploaded. Documentation provided was sufficient. 2022-05-16 22:52 Resolved 3 1 4 1
2111001 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 370245 4 of 5 2022-03-28 20:51 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-28 20:51 Cleared 1 1 4 1
2111001 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 372393 5 of 5 2022-03-29 20:13 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-03-29 20:13 Cleared 1 1 4 1
PP102778 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 289108 1 of 5 2022-02-07 20:54 Credit Flood Certificate Missing Missing flood certificate. Flood Certs uploaded. Documentation provided was sufficient. 2022-05-17 16:34 Resolved 4 1 4 1
PP102778 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 289109 2 of 5 2022-02-07 20:54 Credit Hazard Insurance Coverage Amount is less than Required Coverage Amount Hazard Insurance of $XXXX is less than Required Coverage Amount of $XXXX coverage on the insurance doc does not cover the amount Hazard Insurance Policies uploaded. Documentation provided was sufficient. 2022-05-17 16:34 Resolved 3 1 4 1
PP102778 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 312031 3 of 5 2022-02-22 13:42 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-22 13:42 Cleared 1 1 4 1
PP102778 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 351785 4 of 5 2022-03-16 16:34 Credit Flood Insurance Policy Missing Missing Flood Insurance Policy. Property located at XXXX is in Flood Zone XX. Valid flood insurance is required to be documented in file. Flood Cert uploaded. Documentation provided was sufficient. Not in flood zone. 2022-03-16 16:34 Resolved 3 1 4 1
PP102778 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 351793 5 of 5 2022-03-16 16:34 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
PP103017 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 286439 1 of 3 2022-03-16 16:38 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 16:38 Resolved 4 1 4 1
PP103017 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 319365 2 of 3 2022-02-25 17:03 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-02-25 17:03 Cleared 1 1 4 1
PP103017 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 351795 3 of 3 2022-03-16 16:36 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 20:40 Resolved 3 1 4 1
PP103057 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 269698 1 of 4 2022-01-25 20:52 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-01-25 20:52 Cleared 1 1 4 2
PP103057 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 287192 2 of 4 2022-03-16 16:45 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 16:45 Resolved 4 1 4 2
PP103057 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 307781 3 of 4 2022-02-17 17:36 Credit Audited LTV Exceeds Guideline LTV Audited LTV of 80% exceeds Guideline LTV of 75%. Lender guidelines allow LTV up to 75% on a Rate/Term Refinance with a minimum credit score of 660. Borrower's score is 668, and does not qualify for the 80% LTV tier as it requires a credit score of 700 of higher. LTV exceeds program guidelines by 5%. Formal Exception uploaded. Formal Exception with compensating factors reviewed. Borrower who owns 81% of company has a qualifying FICO of 730, experience provided reflects 3 projects in last 2 years and verified assets of $XXXX which exceeds required of $XXXX. 2022-05-18 16:49 Waived 3 2 4 2
PP103057 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 351839 4 of 4 2022-03-16 16:46 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-31 16:46 Resolved 3 1 4 2
PP103067 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 286377 1 of 3 2022-02-04 16:41 Credit Flood Certificate Missing Missing flood certificate. Flood Certs uploaded. Documentation provided was sufficient. 2022-05-17 16:41 Resolved 4 1 4 1
PP103067 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 351863 2 of 3 2022-03-16 16:50 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
PP103067 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 370220 3 of 3 2022-03-28 20:37 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-28 20:37 Cleared 1 1 4 1
PP103085 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 284621 1 of 4 2022-02-03 17:44 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 17:12 Resolved 4 1 4 1
PP103085 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 284685 2 of 4 2022-02-03 18:06 Credit Program Parameters - LTV The subject loan does not meet program parameters for LTV. The subject LTV does not meet guidelines. Maximum LTV 75% for loan amount < $XXXX. Formal Exception uploaded. Formal Exception with compensating factors reviewed. Borrower who owns 81% of company has a qualifying FICO of 730, experience provided reflects 3 projects in last 2 years and verified assets of $XXXX which exceeds required of $XXXX. 2022-02-17 13:20 Waived 3 2 4 1
PP103085 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 284713 3 of 4 2022-02-03 18:14 Compliance Missing Deed of Trust Riders Missing entity borrower rider. Entity Borrower Rider uploaded. Documentation provided was sufficient. 2022-05-17 20:31 Resolved 3 1 4 1
PP103085 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 351971 4 of 4 2022-03-16 17:12 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-29 17:12 Resolved 3 1 4 1
PP103096 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 284985 1 of 3 2022-03-16 17:21 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 17:21 Resolved 4 1 4 1
PP103096 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 285021 2 of 3 2022-02-03 20:03 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-09-07 17:22 Resolved 3 1 4 1
PP103096 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 370188 3 of 3 2022-03-28 20:27 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-28 20:27 Cleared 1 1 4 1
PP103101 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 286116 1 of 3 2022-03-16 17:22 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 17:22 Resolved 4 1 4 1
PP103101 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 286173 2 of 3 2022-03-16 17:23 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-30 20:40 Resolved 3 1 4 1
PP103101 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 370165 3 of 3 2022-03-28 20:23 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-28 20:23 Cleared 1 1 4 1
PP103148 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 287306 1 of 3 2022-03-16 17:40 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 17:40 Resolved 4 1 4 1
PP103148 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 370159 2 of 3 2022-03-28 20:18 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-28 20:18 Cleared 1 1 4 1
PP103148 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 372416 3 of 3 2022-03-29 20:18 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-08-29 20:18 Resolved 3 1 4 1
PP103238 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 285315 1 of 4 2022-03-16 17:44 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 17:44 Resolved 4 1 4 1
PP103238 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 285357 2 of 4 2022-03-16 17:46 Credit Purchase Contract - Missing The loan file did not contain the Purchase Contract as required. Purchase Contract uploaded. Documentation provided was sufficient. 2022-05-17 17:46 Resolved 3 1 4 1
PP103238 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 307058 3 of 4 2022-02-17 14:28 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-09-07 14:28 Resolved 3 1 4 1
PP103238 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 370126 4 of 4 2022-03-28 20:10 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-28 20:10 Cleared 1 1 4 1
xcnzac3k XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 285400 1 of 3 2022-03-16 17:57 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-17 17:57 Resolved 4 1 4 1
xcnzac3k XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 285433 2 of 3 2022-02-03 22:02 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-02-03 22:02 Cleared 1 1 4 1
xcnzac3k XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 370093 3 of 3 2022-03-28 20:01 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-28 20:01 Cleared 1 1 4 1
ynewnuzm XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 338038 1 of 3 2022-03-08 22:13 Credit Flood Certificate Missing The loan file does not contain the Flood Certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-19 19:54 Resolved 4 1 4 1
ynewnuzm XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 348055 2 of 3 2022-03-14 20:54 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-28 20:41 Cleared 1 1 4 1
ynewnuzm XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 395703 3 of 3 2022-04-12 14:16 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-08-30 20:40 Resolved 3 1 4 1
wmpv383g XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 339355 1 of 3 2022-03-09 16:05 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-28 20:40 Cleared 1 1 3 1
wmpv383g XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 363777 2 of 3 2022-03-23 15:36 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-08-30 20:40 Resolved 3 1 3 1
wmpv383g XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 395805 3 of 3 2022-04-12 14:43 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-28 20:41 Cleared 1 1 3 1
wqiecxem XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 331816 1 of 3 2022-03-04 19:19 Credit Flood Certificate Missing The loan file does not contain the Flood Certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-19 19:54 Resolved 4 1 4 1
wqiecxem XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 349093 2 of 3 2022-03-15 15:38 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-28 20:39 Cleared 1 1 4 1
wqiecxem XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 395709 3 of 3 2022-04-12 14:17 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 14:17 Resolved 3 1 4 1
gxzjyyti XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 339931 1 of 4 2022-03-09 18:26 Credit Flood Certificate Missing The loan file does not contain the Flood Certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-19 19:54 Resolved 4 1 4 1
gxzjyyti XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 340297 2 of 4 2022-03-09 19:56 Credit Third Party Fraud Report not Provided The loan file does not contain the Third Party Fraud Report. Fraud Report uploaded. Documentation provided was sufficient. 2022-05-18 21:36 Resolved 3 1 4 1
gxzjyyti XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 364046 3 of 4 2022-03-23 17:28 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-03-23 17:28 Resolved 3 1 4 1
gxzjyyti XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 395808 4 of 4 2022-04-12 14:44 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-28 20:39 Cleared 1 1 4 1
ycvuaqik XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 340230 1 of 4 2022-03-09 19:36 Credit Flood Certificate Missing The loan file does not contain the Flood Certificate. Flood Certs uploaded. Documentation provided was sufficient. 2022-05-19 19:54 Resolved 4 1 4 1
ycvuaqik XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 364503 2 of 4 2022-03-23 20:47 Credit Third Party Fraud Report not Provided The loan file does not contain the Third Party Fraud Report. Fraud Reports uploaded. Documentation provided was sufficient. 2022-05-18 21:36 Resolved 3 1 4 1
ycvuaqik XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 378789 3 of 4 2022-04-01 17:45 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-28 20:35 Cleared 1 1 4 1
ycvuaqik XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 428499 4 of 4 2022-04-28 20:33 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
ebgmey3e XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 332458 1 of 3 2022-03-05 00:02 Credit Flood Certificate Missing The loan file does not contain the Flood Certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-19 19:54 Resolved 4 1 4 1
ebgmey3e XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 332461 2 of 3 2022-03-05 00:19 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-28 20:17 Cleared 1 1 4 1
ebgmey3e XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 395716 3 of 3 2022-04-12 14:18 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-06 14:18 Resolved 3 1 4 1
xx6jreer XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 339934 1 of 3 2022-03-09 18:27 Credit Flood Certificate Missing The loan file does not contain the Flood Certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-19 19:54 Resolved 4 1 4 1
xx6jreer XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 340028 2 of 3 2022-03-09 18:46 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 14:19 Resolved 3 1 4 1
xx6jreer XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 346894 3 of 3 2022-03-14 14:49 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-28 20:15 Cleared 1 1 4 1
bxaqp7g2 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 330609 1 of 5 2022-03-04 14:00 Credit Third Party Fraud Report not Provided The loan file does not contain the Third Party Fraud Report. Fraud Report uploaded. Documentation provided was sufficient. 2022-05-18 21:36 Resolved 3 1 4 1
bxaqp7g2 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 340907 2 of 5 2022-03-09 22:56 Valuation Appraisal is Missing The loan file did not contain the Primary subject Valuation as required by the guidelines. ClearVal Plus report uploaded. Documentation provided was sufficient. 2022-05-18 20:43 Resolved 4 1 4 1
bxaqp7g2 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 340954 3 of 5 2022-03-09 23:22 Credit Flood Certificate Missing The loan file does not contain the Flood Certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-19 19:54 Resolved 4 1 4 1
bxaqp7g2 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 347340 4 of 5 2022-03-14 17:28 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-28 20:14 Cleared 1 1 4 1
bxaqp7g2 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 364369 5 of 5 2022-03-23 19:55 Credit Approval/Underwriting Summary Not Provided The file is missing the Approval. Per guidelines, a written approval is required. Loan Term Sheet uploaded. Documentation provided was sufficient. 2022-05-18 22:30 Resolved 2 1 4 1
qtxvkngy XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 341263 1 of 3 2022-03-10 10:57 Credit Flood Certificate Missing The loan file does not contain the Flood Certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-19 19:54 Resolved 4 1 4 1
qtxvkngy XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 347392 2 of 3 2022-03-14 17:48 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-28 20:00 Cleared 1 1 4 1
qtxvkngy XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 395740 3 of 3 2022-04-12 14:21 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 14:21 Resolved 3 1 4 1
7x4wcwa2 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 346390 1 of 4 2022-03-14 08:29 Credit Flood Certificate Missing The loan file does not contain the Flood Certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-19 19:54 Resolved 4 1 4 1
7x4wcwa2 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 346398 2 of 4 2022-03-14 08:51 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 14:21 Resolved 3 1 4 1
7x4wcwa2 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 347373 3 of 4 2022-03-14 17:39 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-28 19:53 Cleared 1 1 4 1
7x4wcwa2 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 364073 4 of 4 2022-03-23 17:45 Credit Approval/Underwriting Summary Not Provided The file is missing the Approval. Per guidelines, a written approval is required. Loan Term Sheet uploaded. Documentation provided was sufficient. 2022-05-18 22:30 Resolved 2 1 4 1
107397 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 393021 1 of 3 2022-04-11 14:09 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-28 19:44 Cleared 1 1 3 1
107397 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 400338 2 of 3 2022-04-14 00:20 Credit Title - Insufficient Insurance Coverage The amount of title insurance verified in the loan file is not sufficient to cover the loan amount. Please provide evidence of adequate title coverage. Title Policy uploaded. Documentation provided was sufficient. 2022-05-19 13:38 Resolved 3 1 3 1
107397 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 405916 3 of 3 2022-04-18 13:55 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 14:21 Resolved 3 1 3 1
AF50230 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 385870 1 of 5 2022-04-06 16:59 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary. Term Sheet is our approval and uploaded Documentation provided was sufficient. 2022-05-12 22:30 Resolved 2 1 3 1
AF50230 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 385902 2 of 5 2022-04-06 17:08 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
AF50230 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 427969 3 of 5 2022-04-28 18:11 Compliance Late Charge Grace Period is less than 10 days Late Charge Grace Period is less than 10 days. common practice with private lending Exception has been voided. 2022-05-12 18:11 Void 1 1 3 1
AF50230 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 427970 4 of 5 2022-04-28 18:11 Compliance Late Charge Percent is greater than 6% Late Charge Percent is greater than 6%. common practice with private lending Exception has been voided. 2022-05-12 18:11 Void 1 1 3 1
AF50230 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 428048 5 of 5 2022-04-28 18:41 Credit Title Coverage is Less than Subject Lien(s) Total Title coverage amount of $XXXX is less than total amount of subject lien of $XXXX. Title Commitment uploaded. Documentation provided was sufficient. 2022-05-23 18:41 Resolved 3 1 3 1
AF50268 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 374016 1 of 4 2022-03-30 16:51 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary. Term Sheet is our approval and uplaoded Documentation provided was sufficient. 2022-05-12 22:30 Resolved 2 1 3 1
AF50268 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 395693 2 of 4 2022-04-12 14:12 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 14:21 Resolved 3 1 3 1
AF50268 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 428320 3 of 4 2022-04-28 19:51 Compliance Late Charge Grace Period is less than 10 days Late Charge Grace Period is less than 10 days. common practice with private lending Exception has been voided. 2022-05-12 19:51 Void 1 1 3 1
AF50268 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 428321 4 of 4 2022-04-28 19:51 Compliance Late Charge Percent is greater than 6% Late Charge Percent is greater than 6%. common practice with private lending Exception has been voided. 2022-05-12 19:51 Void 1 1 3 1
AF50280 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 385599 1 of 4 2022-04-06 15:50 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary. uploaded Documentation provided was sufficient. 2022-05-12 22:30 Resolved 2 1 3 1
AF50280 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 386370 2 of 4 2022-04-06 19:03 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
AF50280 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 428427 3 of 4 2022-04-28 20:13 Compliance Late Charge Grace Period is less than 10 days Late Charge Grace Period is less than 10 days. common practice with private lending Exception has been voided. 2022-05-12 20:42 Void 1 1 3 1
AF50280 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 428428 4 of 4 2022-04-28 20:13 Compliance Late Charge Percent is greater than 6% Late Charge Percent is greater than 6%. common practice with private lending Exception has been voided. 2022-05-12 20:42 Void 1 1 3 1
ATL50325 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 395696 1 of 5 2022-04-12 14:14 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 14:14 Resolved 3 1 4 1
ATL50325 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 396621 2 of 5 2022-04-12 18:46 Compliance Missing HUD-1 Closing Statement HUD-1 Settlement Statement is missing. uploaded Documentation provided was sufficient. 2022-05-12 18:46 Resolved 4 1 4 1
ATL50325 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 428555 3 of 5 2022-04-28 20:55 Compliance Late Charge Grace Period is less than 10 days Late Charge Grace Period is less than 10 days. common practice with private lending Exception has been voided. 2022-05-12 21:16 Void 1 1 4 1
ATL50325 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 428556 4 of 5 2022-04-28 20:55 Compliance Late Charge Percent is greater than 6% Late Charge Percent is greater than 6%. common practice with private lending Exception has been voided. 2022-05-12 21:16 Void 1 1 4 1
ATL50325 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 428758 5 of 5 2022-04-28 22:51 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-28 22:51 Cleared 1 1 4 1
ATL50318 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 369138 1 of 9 2022-03-28 15:25 Compliance The Deed of Trust is Missing The Deed of Trust is missing the signature page.  uploaded Documentation provided was sufficient. 2022-05-12 21:42 Resolved 4 1 4 1
ATL50318 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 369147 2 of 9 2022-03-28 15:27 Compliance The Final 1003 is Missing The final 1003 is missing. uploaded- we may not use 1003's for applications Documentation provided was sufficient. 2022-05-12 14:20 Resolved 3 1 4 1
ATL50318 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 369181 3 of 9 2022-03-28 15:37 Compliance Missing HUD-1 Closing Statement HUD-1 Settlement Statement is missing. uploaded Documentation provided was sufficient. 2022-05-12 15:37 Resolved 4 1 4 1
ATL50318 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 374436 4 of 9 2022-03-30 18:44 Valuation Appraisal is Missing The loan file did not contain the Primary subject Valuation as required by the guidelines. uploaded Documentation provided was sufficient. 2022-05-12 18:44 Resolved 4 1 4 1
ATL50318 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 385706 5 of 9 2022-04-06 16:20 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary. Term Sheet is our approval and uplaoded Documentation provided was sufficient. 2022-05-12 22:30 Resolved 2 1 4 1
ATL50318 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 385769 6 of 9 2022-04-06 16:37 Credit Purchase Contract is Missing The loan file is missing the purchase contract. uploaded Documentation provided was sufficient. 2022-05-12 16:37 Resolved 3 1 4 1
ATL50318 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 385773 7 of 9 2022-04-06 16:38 Credit Program Parameters - Loan Purpose The subject loan does not meet Program Parameters for loan purpose. The subject transaction does not meet guidelines. The Subject transaction is a business purpose cash out. The file did not include the sign a business purposes affidavit or similar document as required. business purpose affidavit is in collateral package Documentation provided was sufficient. 2022-05-12 16:38 Resolved 3 1 4 1
ATL50318 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 428680 8 of 9 2022-04-28 21:30 Compliance Late Charge Grace Period is less than 10 days Late Charge Grace Period is less than 10 days. common practice with private lending Exception has been voided. 2022-05-12 21:30 Void 1 1 4 1
ATL50318 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 428681 9 of 9 2022-04-28 21:30 Compliance Late Charge Percent is greater than 6% Late Charge Percent is greater than 6%. common practice with private lending Exception has been voided. 2022-05-12 21:30 Void 1 1 4 1
ATL50253 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 386214 1 of 5 2022-04-06 18:30 Credit Hazard Insurance Policy is Missing Missing hazard insurance policy. Hazard Insurance policy uploaded. Documentation provided was sufficient. 2022-05-24 18:34 Resolved 3 1 3 1
ATL50253 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 386355 2 of 5 2022-04-06 18:58 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 18:58 Resolved 3 1 3 1
ATL50253 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 386356 3 of 5 2022-04-06 18:59 Credit Program Parameters - Loan Purpose The subject loan does not meet Program Parameters for loan purpose. The subject transaction does not meet guidelines. The Subject transaction is a business purpose cash out. The file did not include the sign a business purposes affidavit or similar document as required. Business Purpose Affidavit uploaded. Documentation provided was sufficient. 2022-05-23 14:28 Resolved 3 1 3 1
ATL50253 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 428726 4 of 5 2022-04-28 21:57 Compliance Late Charge Grace Period is less than 10 days Late Charge Grace Period is less than 10 days. common practice with private lending Exception has been voided. 2022-05-12 21:57 Void 1 1 3 1
ATL50253 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 428727 5 of 5 2022-04-28 21:57 Compliance Late Charge Percent is greater than 6% Late Charge Percent is greater than 6%. common practice with private lending Exception has been voided. 2022-05-12 21:57 Void 1 1 3 1
ATL50254 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 371650 1 of 4 2022-03-29 17:08 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 17:08 Resolved 3 1 3 1
ATL50254 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 386465 2 of 4 2022-04-06 19:19 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary. Loan Term Sheet uploaded. Documentation provided was sufficient. 2022-05-27 22:30 Resolved 2 1 3 1
ATL50254 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 428745 3 of 4 2022-04-28 22:22 Compliance Late Charge Grace Period is less than 10 days Late Charge Grace Period is less than 10 days. common practice with private lending Exception has been voided. 2022-04-28 22:26 Void 1 1 3 1
ATL50254 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 428746 4 of 4 2022-04-28 22:22 Compliance Late Charge Percent is greater than 6% Late Charge Percent is greater than 6%. common practice with private lending Exception has been voided. 2022-04-28 22:26 Void 1 1 3 1
ATL50255 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 375076 1 of 6 2022-03-31 00:38 Credit Flood Certificate Missing Missing Flood Certificate. uploaded Documentation provided was sufficient. 2022-05-12 19:54 Resolved 4 1 4 1
ATL50255 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 375077 2 of 6 2022-03-31 00:38 Credit Hazard Insurance Policy is Missing Missing hazard insurance policy. uploaded Documentation provided was sufficient. 2022-05-12 15:22 Resolved 3 1 4 1
ATL50255 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 375082 3 of 6 2022-03-31 00:47 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 00:47 Resolved 3 1 4 1
ATL50255 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 385455 4 of 6 2022-04-06 15:13 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary. uploaded Documentation provided was sufficient. 2022-05-12 22:30 Resolved 2 1 4 1
ATL50255 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 428754 5 of 6 2022-04-28 22:45 Compliance Late Charge Grace Period is less than 10 days Late Charge Grace Period is less than 10 days. common practice with private lending Exception has been voided. 2022-05-12 22:48 Void 1 1 4 1
ATL50255 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 428755 6 of 6 2022-04-28 22:45 Compliance Late Charge Percent is greater than 6% Late Charge Percent is greater than 6%. common practice with private lending Exception has been voided. 2022-05-12 22:48 Void 1 1 4 1
43310 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 373236 1 of 3 2022-03-30 13:51 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-08 14:17 Cleared 1 1 1 1
43310 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 373237 2 of 3 2022-03-30 13:51 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-04-08 14:17 Cleared 1 1 1 1
43310 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 418122 3 of 3 2022-04-22 17:37 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-22 17:37 Cleared 1 1 1 1
43917 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 374050 1 of 3 2022-03-30 17:05 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-11-04 14:17 Resolved 3 1 3 1
43917 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 418321 2 of 3 2022-04-22 18:11 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-22 18:11 Cleared 1 1 3 1
43917 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 418654 3 of 3 2022-04-22 19:16 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-22 19:16 Cleared 1 1 3 1
44046 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 373852 1 of 3 2022-03-30 15:59 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-30 15:59 Cleared 1 1 3 1
44046 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 377018 2 of 3 2022-03-31 20:00 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-08 14:17 Cleared 1 1 3 1
44046 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 377022 3 of 3 2022-03-31 20:00 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-11-04 14:17 Resolved 3 1 3 1
44915 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 377399 1 of 3 2022-03-31 22:04 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-31 22:04 Cleared 1 1 3 1
44915 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 377400 2 of 3 2022-03-31 22:04 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-08 14:17 Cleared 1 1 3 1
44915 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 377401 3 of 3 2022-03-31 22:04 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-11-04 14:17 Resolved 3 1 3 1
44976 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 379080 1 of 3 2022-04-01 18:37 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-01 18:37 Cleared 1 1 1 1
44976 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 390734 2 of 3 2022-04-08 15:50 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-08 15:50 Cleared 1 1 1 1
44976 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 417713 3 of 3 2022-04-22 15:54 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-04-22 15:54 Cleared 1 1 1 1
45125 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 375807 1 of 3 2022-03-31 14:50 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-04-08 14:17 Cleared 1 1 1 1
45125 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 418140 2 of 3 2022-04-22 17:39 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-22 17:39 Cleared 1 1 1 1
45125 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 418661 3 of 3 2022-04-22 19:18 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-22 19:18 Cleared 1 1 1 1
45170 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 379971 1 of 3 2022-04-02 02:33 Credit Title Document Missing Title document is missing. Title Commitment uploaded. Documentation provided was sufficient. 2022-04-30 02:33 Resolved 3 1 3 1
45170 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 379974 2 of 3 2022-04-02 02:53 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-04-08 14:17 Cleared 1 1 3 1
45170 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 418143 3 of 3 2022-04-22 17:40 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-22 17:40 Cleared 1 1 3 1
45278 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 382439 1 of 3 2022-04-05 03:57 Credit Missing Property Tax Cert Property Tax Cert Missing. Tax Cert uploaded. Documentation provided was sufficient. 2022-04-30 15:59 Resolved 3 1 3 1
45278 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 382443 2 of 3 2022-04-05 04:15 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. No additional valuation product is in file to support the original valuation within a 10% variance. CDA obtained which supported value. 2022-11-04 14:17 Resolved 3 1 3 1
45278 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 383517 3 of 3 2022-04-05 16:19 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-05 16:19 Cleared 1 1 3 1
45930 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 376420 1 of 3 2022-03-31 17:05 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-31 17:05 Cleared 1 1 3 1
45930 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 390866 2 of 3 2022-04-08 16:25 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 14:21 Resolved 3 1 3 1
45930 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 417708 3 of 3 2022-04-22 15:53 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-22 15:53 Cleared 1 1 3 1
45932 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 376954 1 of 3 2022-03-31 19:36 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-04-08 14:17 Cleared 1 1 1 1
45932 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 378470 2 of 3 2022-04-01 16:09 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-01 16:09 Cleared 1 1 1 1
45932 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 390591 3 of 3 2022-04-08 15:03 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-08 15:03 Cleared 1 1 1 1
46073 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 390880 1 of 3 2022-04-08 16:33 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 14:21 Resolved 3 1 3 1
46073 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 390883 2 of 3 2022-04-08 16:34 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-08 16:34 Cleared 1 1 3 1
46073 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 418147 3 of 3 2022-04-22 17:41 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-22 17:41 Cleared 1 1 3 1
46142 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 390979 1 of 3 2022-04-08 17:00 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-08 17:00 Cleared 1 1 3 1
46142 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 390985 2 of 3 2022-04-08 17:01 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 14:21 Resolved 3 1 3 1
46142 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 418156 3 of 3 2022-04-22 17:41 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-22 17:41 Cleared 1 1 3 1
46176 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 375622 1 of 3 2022-03-31 14:02 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 14:21 Resolved 3 1 3 1
46176 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 377051 2 of 3 2022-03-31 20:05 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-31 20:05 Cleared 1 1 3 1
46176 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 390998 3 of 3 2022-04-08 17:09 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-08 17:59 Cleared 1 1 3 1
46560 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 373041 1 of 3 2022-03-30 12:37 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-30 12:37 Cleared 1 1 3 1
46560 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 376764 2 of 3 2022-03-31 18:47 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 14:21 Resolved 3 1 3 1
46560 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 376854 3 of 3 2022-03-31 19:10 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-08 14:17 Cleared 1 1 3 1
47038 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 375735 1 of 3 2022-03-31 14:33 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-08 17:56 Cleared 1 1 3 1
47038 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 375737 2 of 3 2022-03-31 14:33 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 14:21 Resolved 3 1 3 1
47038 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 418193 3 of 3 2022-04-22 17:46 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-22 17:46 Cleared 1 1 3 1
47332 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 376078 1 of 3 2022-03-31 15:50 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-08 17:30 Cleared 1 1 1 1
47332 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 376080 2 of 3 2022-03-31 15:50 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-04-08 14:17 Cleared 1 1 1 1
47332 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 377205 3 of 3 2022-03-31 20:40 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-03-31 20:40 Cleared 1 1 1 1
47532 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 375530 1 of 3 2022-03-31 13:32 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 14:21 Resolved 3 1 3 1
47532 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 418358 2 of 3 2022-04-22 18:18 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-22 18:18 Cleared 1 1 3 1
47532 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 418753 3 of 3 2022-04-22 19:38 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-22 19:38 Cleared 1 1 3 1
46525 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 376231 1 of 3 2022-03-31 16:25 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 14:21 Resolved 3 1 3 1
46525 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 376418 2 of 3 2022-03-31 17:05 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-04-08 17:55 Cleared 1 1 3 1
46525 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 418173 3 of 3 2022-04-22 17:42 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-22 17:42 Cleared 1 1 3 1
104755   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   1 of 7 2021-10-04 19:28 Credit Fraud Report - Missing The loan file did not contain a third party fraud report as required.   OFAC and Lexis Nexis provided Documentation provided is sufficient.    2021-10-07 18:56 Resolved 3 1 3 1
104755   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   2 of 7 2021-10-04 19:28 Credit Flood Cert - Missing The loan file did not contain a flood cert as required.   Flood Certs uploaded. Documentation provided is sufficient.    2021-10-21 19:21 Resolved 3 1 3 1
104755   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   3 of 7 2021-10-04 19:28 Credit Hazard Insurance - Insufficient Hazard Insurance of $XXXX is less than required coverage amount of $XXXX.   Replacement cost documentation provided. Documentation provided is sufficient.    2021-10-07 19:21 Resolved 3 1 3 1
104755   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   4 of 7 2021-10-04 19:27 Credit Reserves - Insufficient Reserves The verified reserves are not sufficient to meet guideline requirements. There were no assets documented in the loan file.    Bank Statements provided. Updated guidelines require 6 months reserves. Bank statements provided total $XXXX Documentation provided is sufficient.    2021-10-21 18:54 Resolved 3 1 3 1
104755   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   5 of 7 2021-10-04 19:26 Credit Credit Documentation - Credit Report Missing The loan file did not contain the credit report as required.   Credit Reports provided. Documentation provided is sufficient.    2021-10-07 18:55 Resolved 3 1 3 1
104755   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   6 of 7 2021-10-04 19:26 Compliance No Compliance Findings There are no compliance findings.         2021-09-29 18:55 Cleared 1 1 3 1
104755   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   7 of 7 2021-10-04 19:26 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product.      CDA obtained which supported value.   2021-09-29 18:55 Resolved 3 1 3 1
104842   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   1 of 8 2021-10-04 20:13 Credit Fraud Report - Missing The loan file did not contain a third party fraud report as required.   OFAC and Lexis Nexis provided Documentation provided is sufficient.    2021-10-07 14:54 Resolved 3 1 3 1
104842   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   2 of 8 2021-10-04 20:13 Credit Title - Insufficient Coverage The amount of title insurance verified in the loan file is not sufficient to cover the loan amount. Title Coverage Amount of $XXXX is less than total amount of subject lien(s) of $XXXX.  Title coverage is missing for XXXX and XXXX.   Supplemental Title Report provided.  Documentation provided is sufficient.    2021-10-07 15:27 Resolved 3 1 3 1
104842   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   3 of 8 2021-10-04 20:12 Credit Reserves - Insufficient Reserves The verified reserves are not sufficient to meet guideline requirements. There were no assets documented in the loan file.    Bank Statements provided. Updated guidelines require 6 months reserves. Bank statements provided total $XXXX Documentation provided is sufficient.    2021-10-21 14:31 Resolved 3 1 3 1
104842   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   4 of 8 2021-10-04 20:08 Credit Credit Documentation - Credit Report Missing The loan file did not contain the credit report as required.   Credit Reports provided. Documentation provided is sufficient.    2021-10-07 14:54 Resolved 3 1 3 1
104842   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   5 of 8 2021-09-29 15:18 Credit Flood Cert - Missing The loan file did not contain a flood cert as required.   Flood Certs uploaded. Documentation provided is sufficient.    2021-10-21 15:18 Resolved 3 1 3 1
104842   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   6 of 8 2021-09-29 15:18 Credit Hazard Insurance - Insufficient Hazard Insurance of $XXXX is less than required coverage amount of $XXXX.   Replacement cost documentation provided. HOI policies contain full replacement cost coverage of 100%. Documentation provided is sufficient.    2021-10-21 15:18 Resolved 3 1 3 1
104842   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   7 of 8 2021-09-29 15:18 Compliance No Compliance Findings There are no compliance findings.         2021-09-29 15:18 Cleared 1 1 3 1
104842   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   8 of 8 2021-09-29 15:18 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product.      CDA obtained which supported value.   2022-09-07 15:18 Resolved 3 1 3 1
104843   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   1 of 8 2021-10-04 20:27 Credit Fraud Report - Missing The loan file did not contain a third party fraud report as required.   OFAC and Lexis Nexis provided Documentation provided is sufficient.    2021-10-21 16:48 Resolved 3 1 3 1
104843   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   2 of 8 2021-10-04 20:26 Credit Title - Insufficient Coverage The amount of title insurance verified in the loan file is not sufficient to cover the loan amount. The preliminary title report provided does not include proposed coverage amount.    Supplemental Title Reports provided.  Documentation provided is sufficient.   2021-10-21 17:18 Resolved 3 1 3 1
104843   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   3 of 8 2021-10-04 20:24 Credit Hazard Insurance - Insufficient Hazard Insurance of $XXXX is less than required coverage amount of $XXXX.   Replacement cost documentation provided. Replacement cost estimate for XXXX is showing $XXXX. Coverage amount provided is showing $XXXX. Replacement cost estimate for XXXX. is showing $XXXX. Coverage amount provided is showing $XXXX. Replacement cost estimate for XXXX is showing $XXXX. Coverage amount provided is showing $XXXX. Replacement cost estimate for XXXX. is showing $XXXX. Coverage amount provided is showing $XXXX. Replacement cost estimate for XXXX is showing $XXXX. HOI policies contain full replacement cost coverage of 100%. Documentation provided is sufficient.    2021-10-21 17:15 Resolved 3 1 3 1
104843   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   4 of 8 2021-10-04 20:24 Credit Flood Cert - Missing The loan file did not contain a flood cert as required.   Flood Certs uploaded. Documentation provided is sufficient.    2021-10-21 20:24 Resolved 3 1 3 1
104843   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   5 of 8 2021-10-04 20:23 Credit Reserves - Insufficient Reserves The verified reserves are not sufficient to meet guideline requirements. There were no assets documented in the loan file.      Updated guidelines require 6 months reserves. Bank statements provided total $XXXX Documentation provided is sufficient.    2021-10-21 16:43 Resolved 3 1 3 1
104843   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   6 of 8 2021-10-04 20:18 Credit Credit Documentation - Credit Report Missing The loan file did not contain the credit report as required.   Credit Reports provided. Documentation provided is sufficient.    2021-10-07 16:47 Resolved 3 1 3 1
104843   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   7 of 8 2021-10-04 20:18 Compliance No Compliance Findings There are no compliance findings.         2021-09-28 16:47 Cleared 1 1 3 1
104843   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt   8 of 8 2021-10-04 20:18 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product.      CDA obtained which supported value.   2022-09-07 16:47 Resolved 3 1 3 1
120709 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 426753 1 of 3 2022-04-28 13:25 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-28 13:25 Cleared 1 1 3 1
120709 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 435015 2 of 3 2022-05-03 16:42 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-05-03 16:42 Cleared 1 1 3 1
120709 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 442669 3 of 3 2022-05-06 16:11 Credit Title - Insufficient Insurance Coverage The amount of title insurance verified in the loan file is not sufficient to cover the loan amount. Title Commitment uploaded. Documentation provided was sufficient. 2022-05-20 16:11 Resolved 3 1 3 1
120941 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 426756 1 of 3 2022-04-28 13:26 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-28 13:26 Cleared 1 1 3 1
120941 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 436047 2 of 3 2022-05-03 21:41 Credit Title Document Missing Title document is missing. Marked Up Title and Original Title Commitment Uploaded. Documentation provided was sufficient. 2022-05-14 15:27 Resolved 3 1 3 1
120941 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 437627 3 of 3 2022-05-04 17:14 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-05-04 17:14 Cleared 1 1 3 1
121335 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 435497 1 of 5 2022-05-03 18:49 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-04 12:02 Cleared 1 1 3 1
121335 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 436885 2 of 5 2022-05-04 14:30 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-05-05 23:59 Cleared 1 1 3 1
121335 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 437386 3 of 5 2022-05-04 16:15 Credit Audited Reserves are less than Guideline Required Reserves (Number of Months) Audited Reserves are less than Guideline Required Reserves of 6 months. Per XX Investor Loan Program Guidelines, effective 11/2021, 6 months reserves are required for the subject property. 10% of the cash proceeds can be used to meet the reserve requirement. Reserves required in the amount of $XXXX and 10% of the proceeds are $XXXX. Amount should be fine. Have 12k on a Jan statement. Uploaded jan statement to shared Folder Documentation provided was sufficient. 2022-05-16 16:20 Resolved 3 1 3 1
121335 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 437701 4 of 5 2022-05-04 17:33 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Per XXXX Investor Loan Program Guidelines, effective 11/2021, on a cashout refinance, the subject property can't be vacant. This transaction is a cashout refinance and per the appraisal, the subject property is vacant. uploaded lease showing tenant residing since 3/1/22 to Shared folder Documentation provided was sufficient. 2022-05-16 16:21 Resolved 3 1 3 1
121335 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 437802 5 of 5 2022-05-04 17:51 Credit Credit Documentation - Letter of Explanation The loan file did not contain a letter of explanation as required. The subject transaction is a cash out refinance of an investment property as a business purpose transaction however the required LOE detailing the cash-out proceeds being used solely for business purposes was not provided as required. Business Purpose Affidavit Uploaded to Shared folder Documentation provided was sufficient. 2022-05-16 16:21 Resolved 3 1 3 1
121655 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 438760 1 of 6 2022-05-04 20:46 Credit Flood Insurance Policy Missing Missing Flood Insurance Policy. uploaded to Shared folder Documentation provided was sufficient. 2022-05-16 20:46 Resolved 3 1 4 2
121655 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 438761 2 of 6 2022-05-04 20:46 Credit HO6 Master Insurance Policy is Missing Missing HO-6 Master Insurance Policy. uploaded to Shared folder Documentation provided was sufficient. 2022-05-16 20:46 Resolved 3 1 4 2
121655 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 438876 3 of 6 2022-05-04 21:24 Compliance Condo Rider is Missing Condo Rider is missing. Condo Rider uploaded. Documentation provided was sufficient. 2022-07-12 16:22 Resolved 3 1 4 2
121655 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 438909 4 of 6 2022-05-04 21:37 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-05-04 21:37 Cleared 1 1 4 2
121655 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 439077 5 of 6 2022-05-05 01:12 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Per XXXX Investor Loan Program Guidelines effective 11/2021, for purchase transactions market rents from the appraisal will be used to calculate Debt Service Coverage Ratio (DSCR). Per the 1007, the market rent is $XXXX. The rent from the lease agreement in the amount of $XXXX was utilized at origination. Using the lower rent decreases the DSCR from 1 to 0.87 which is below the minimum required DSCR of 1. reviewed prior to bid Subject DSCR does not meet guidelines. Signed 1 year lease agreement in file, Qualifying FICO of 700, verified 109 months reserves and LTV of 75%. 2022-08-01 16:24 Waived 3 2 4 2
121655 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 439078 6 of 6 2022-05-05 01:24 Compliance Missing HUD-1 Closing Statement The HUD in the file is the preliminary HUD and is not signed by the borrower or sellers. HUD-1 Closing Statement uploaded. Documentation provided was sufficient. 2022-05-16 01:24 Resolved 4 1 4 2
121664 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 423188 1 of 4 2022-04-26 18:52 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-27 11:28 Cleared 1 1 3 1
121664 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 439694 2 of 4 2022-05-05 14:54 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-05-06 00:00 Cleared 1 1 3 1
121664 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 440923 3 of 4 2022-05-05 19:54 Credit Credit Documentation - Letter of Explanation The loan file did not contain a letter of explanation as required. The subject transaction is a cash out refinance of an investment property as a business purpose transaction however the required LOE detailing the cash out proceeds being used solely for business purpose was not provided as required. Business Purpose Affidavit Uploaded to Shared folder Documentation provided was sufficient. 2022-05-16 16:25 Resolved 3 1 3 1
121664 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 442723 4 of 4 2022-05-06 16:25 Credit Title - Insufficient Insurance Coverage The amount of title insurance verified in the loan file is not sufficient to cover the loan amount. uploaded to Shared folder Documentation provided was sufficient. 2022-05-16 16:25 Resolved 3 1 3 1
121582 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 425685 1 of 3 2022-04-27 18:51 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-28 13:57 Cleared 1 1 3 2
121582 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 440172 2 of 3 2022-05-05 17:03 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-05-06 00:00 Cleared 1 1 3 2
121582 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 440527 3 of 3 2022-05-05 18:23 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Per XXXX Investor Loan Program Guidelines, effective 11/2021, for cashout refinances, the maximum cash out is $XXXX. Per the HUD, the borrower received $XXXX which exceeds guidelines. Need XXXX to request exception. Investor accepts with compensating factors. Qualifying FICO of 754, verified 50 months reserves, DSCR of 1.61 and LTV of 65%. 2022-08-01 16:27 Waived 3 2 3 2
121690 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 437780 1 of 3 2022-05-04 17:48 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-05-04 19:32 Cleared 1 1 3 1
121690 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 442507 2 of 3 2022-05-06 15:43 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-06 15:43 Cleared 1 1 3 1
121690 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 442927 3 of 3 2022-05-06 17:13 Credit Assets - Insufficient Cash to Close The loan file does not contain all required asset documentation. Total verified assets are not sufficient to cover total required assets. Total verified assets of $XXXX were not sufficient for cash to close of $XXXX and 6 months reserves of $XXXX. It should be noted that only 1 month statement was provided for account with XXXX ending #XXXX. $XXXX showing on currnet snapshot from XX/XX (date seen in bottom left corner in transactions). Statements and screenshot uploaded to shared folder Documentation provided was sufficient. 2022-05-16 17:13 Resolved 3 1 3 1
121792 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 424478 1 of 3 2022-04-27 13:13 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-04-27 13:13 Cleared 1 1 1 1
121792 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 439976 2 of 3 2022-05-05 16:13 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-05-05 16:13 Cleared 1 1 1 1
121792 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 440379 3 of 3 2022-05-05 17:51 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-05-05 17:51 Cleared 1 1 1 1
121259 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 439544 1 of 3 2022-05-05 14:15 Compliance PUD Rider is Missing PUD Rider is missing. PUD Rider uploaded. Documentation provided was sufficient. 2022-07-12 17:15 Resolved 3 1 3 2
121259 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 439699 2 of 3 2022-05-05 14:55 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Per guidelines dated 11/2021, Investor Loan Qualifying Rental Income for Subject Property guideline states if the property is leased at the time of Origination, gross rents will be used to calculate the Debt Service Coverage Ratio (DSCR). Gross rent is the lessor of (i) the in-place monthly rent per the lease agreement ($XXXX); and (ii) 105% of the market rent from the appraiser ($XXXX). Subject transaction was qualified using current lease amount. Loan file does not contain a formal exception. reviewed prior to bid Investor accepts with compensating factors. Verified 41 months reserves, Qualifying FICO of 692, DSCR of 1.92, borrower experience over 20 years and LTV of 75%. 2022-08-01 17:17 Waived 3 2 3 2
121259 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 439703 3 of 3 2022-05-05 14:56 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-05-05 14:56 Cleared 1 1 3 2
ATL50296 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 436019 1 of 3 2022-05-03 21:21 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-04 13:40 Cleared 1 1 3 1
ATL50296 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 437442 2 of 3 2022-05-04 16:29 Credit Purchase Contract - Addendum Missing The Purchase Contract Addendum is missing. Missing Purchase Contract Addendum's #2-#4. Missing Purchase Contract Addendum extending closing date to XX/XX/XXXX. Purchase Contract Addendums uploaded. Documentation provided was sufficient. 2022-10-26 17:52 Resolved 3 1 3 1
ATL50296 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 443123 3 of 3 2022-05-06 17:53 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
ATF50297 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 431126 1 of 3 2022-05-02 13:17 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-03 19:42 Cleared 1 1 3 1
ATF50297 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 437596 2 of 3 2022-05-04 17:08 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-05-04 17:08 Cleared 1 1 3 1
ATF50297 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 438106 3 of 3 2022-05-04 18:40 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
ATL50307 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 431334 1 of 4 2022-05-02 13:54 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-03 15:07 Cleared 1 1 3 1
ATL50307 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 440007 2 of 4 2022-05-05 16:26 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-05-05 16:26 Cleared 1 1 3 1
ATL50307 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 441329 3 of 4 2022-05-05 22:13 Credit Hazard Insurance Expiration Date is before the Note Date Hazard Insurance Expiration Date of XX/XX/XXXX is prior to or equal to the Note Date of XX/XX/XXXX. The effective date and the expiration date on the hazard insurance policy are the same. Updated Hazard Insurance uploaded. Documentation provided was sufficient. 2022-05-27 22:27 Resolved 3 1 3 1
ATL50307 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 441348 4 of 4 2022-05-05 22:26 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
ATL50339 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 431559 1 of 3 2022-05-02 14:33 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-03 17:43 Cleared 1 1 3 1
ATL50339 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 438305 2 of 3 2022-05-04 19:18 Credit Audited Reserves are less than Guideline Required Reserves (Number of Months) Audited Reserves are less than Guideline Required Reserves of 6 month(s). Asset statements are required to document 6 months reserves. HUD uploaded to document cash back Documentation provided was sufficient. 2022-05-27 17:56 Resolved 3 1 3 1
ATL50339 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 438327 3 of 3 2022-05-04 19:21 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
AF50282 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 427774 1 of 6 2022-04-28 17:29 Credit Third Party Fraud Report not Provided The loan file does not contain the third party fraud report. Fraud Report uploaded. Documentation provided was sufficient. 2022-08-01 17:57 Resolved 3 1 4 1
AF50282 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 434348 2 of 6 2022-05-03 14:10 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-03 14:10 Cleared 1 1 4 1
AF50282 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 438684 3 of 6 2022-05-04 20:24 Credit Asset 1 Less Than 2 Months Verified As per XXXX Investor Loan guidelines, asset verification must provide 60 days of account activity. Asset documentation provided for XXXX account #XXXX covers 10/1/2021-11/19/2021. Additional statement is required. Asset documentation uploaded. Documentation provided was sufficient. 2022-05-27 17:59 Resolved 3 1 4 1
AF50282 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 438736 4 of 6 2022-05-04 20:37 Credit Flood Certificate Missing The loan file does not contain the Flood Cert. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-27 17:57 Resolved 4 1 4 1
AF50282 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 438784 5 of 6 2022-05-04 20:51 Credit Purchase Contract - Addendum Missing The Purchase Contract Addendum is missing. Missing addendum to Purchase Contract extending closing from XX/XX/XXXX to XX/XX/XXXX. Sales Contract Addendum uploaded. Documentation provided was sufficient. 2022-10-26 17:58 Resolved 3 1 4 1
AF50282 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 438785 6 of 6 2022-05-04 20:51 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
AF50278 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 434184 1 of 3 2022-05-03 13:37 Credit Trust/POA Does Not Meet Guideline Requirements Trust/POA Does Not Meet Guideline Requirements Missing. Power of Attorney for XXXX (absent signer) to XXXX as Attorney-in-Fact. POA uploaded. Documentation provided was sufficient. 2022-05-27 18:36 Resolved 3 1 3 1
AF50278 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 437622 2 of 3 2022-05-04 17:13 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
AF50278 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 437623 3 of 3 2022-05-04 17:13 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-04 17:13 Cleared 1 1 3 1
ATL50346 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 436360 1 of 3 2022-05-04 12:29 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-04 14:20 Cleared 1 1 3 1
ATL50346 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 437702 2 of 3 2022-05-04 17:33 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-05-04 17:33 Resolved 3 1 3 1
ATL50346 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 438439 3 of 3 2022-05-04 19:44 Credit Program Parameters - Loan Purpose The subject loan does not meet Program Parameters for loan purpose. The subject transaction does not meet guidelines. The subject transaction is a cash out refinance of an investment property as a business purpose transaction however the required LOE detailing the cash out proceeds being used solely for business purpose was not provided as required as required by the guidelines. Business Purpose Affidavit uploaded. Documentation provided was sufficient. 2022-05-27 18:39 Resolved 3 1 3 1
ATL50348 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 428329 1 of 4 2022-04-28 19:52 Credit Third Party Fraud Report not Provided The loan file does not contain the third party fraud report. Fraud Report uploaded. Documentation provided was sufficient. 2022-05-27 18:42 Resolved 3 1 3 1
ATL50348 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 434525 2 of 4 2022-05-03 14:51 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-03 14:51 Cleared 1 1 3 1
ATL50348 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 437831 3 of 4 2022-05-04 17:57 Credit Program Parameters - Loan Purpose The subject loan does not meet Program Parameters for loan purpose. The subject transaction does not meet guidelines. The subject transaction is a cash out refinance of an investment property as a business purpose transaction however the required LOE detailing the cash out proceeds being used solely for business purpose was not provided as required as required by the guidelines. Business Purpose Affidavit uploaded. Documentation provided was sufficient. 2022-05-27 17:57 Resolved 3 1 3 1
ATL50348 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 443486 4 of 4 2022-05-06 19:01 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
ATL50355 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 432487 1 of 4 2022-05-02 17:58 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-03 16:55 Cleared 1 1 3 1
ATL50355 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 437713 2 of 4 2022-05-04 17:36 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
ATL50355 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 438503 3 of 4 2022-05-04 19:56 Credit Purchase Contract - Addendum Missing The Purchase Contract Addendum is missing. The addendum to increase the purchase price from $XXXX to $XXXX and closing costs from $XXXX to $XXXX is missing from the loan file. Document uploaded. Documentation provided was sufficient. 2022-08-01 19:06 Resolved 3 1 3 1
ATL50355 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 441441 4 of 4 2022-05-06 01:26 Credit Liabilities - REO The loan file did not contain sufficient documentation to verify debts associated with all other properties. As per the XXXX Investor loan program guidelines; all borrowers must disclose all mortgage/lien rating for each financed property. All mortgages must reflect no more than 1x30 in past 12 months. The borrower's listed XXXX and XXXX as real estate owned, but the mortgages associated with these properties are not reflected on the credit report, nor is there a credit supplement in file to verify the rental history. Exception has been voided. 2022-05-27 19:07 Void 1 1 3 1
ATL50332 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 429078 1 of 9 2022-04-29 13:26 Credit Missing credit report The loan file does not contain the Credit Report. Credit Report uploaded. Documentation provided was sufficient. 2022-05-27 19:14 Resolved 4 1 4 1
ATL50332 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 429088 2 of 9 2022-04-29 13:27 Credit Third Party Fraud Report not Provided The loan file does not contain the third party fraud report. Fraud Report uploaded. Documentation provided was sufficient. 2022-08-01 19:10 Resolved 3 1 4 1
ATL50332   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 431849 3 of 9 2022-05-02 15:27 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations.         2022-05-03 15:07 Cleared 1 1 4 1
ATL50332   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 439267 4 of 9 2022-05-05 12:49 Valuation Appraisal is Missing The loan file does not contain the origination appraisal.   Origination Appraisal uploaded. Documentation provided was sufficient.   2022-05-27 19:12 Resolved 4 1 4 1
ATL50332   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 439282 5 of 9 2022-05-05 12:53 Credit Flood Certificate Missing The loan file does not contain the Flood Cert.   Flood Cert uploaded. Documentation provided was sufficient.   2022-05-27 13:14 Resolved 4 1 4 1
ATL50332   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 439283 6 of 9 2022-05-05 12:53 Credit Hazard Insurance Policy is Missing Missing Hazard Insurance policy.   Hazard Insurance Policy uploaded. Documentation provided was sufficient.   2022-05-27 13:14 Resolved 3 1 4 1
ATL50332   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 439298 7 of 9 2022-05-05 12:55 Credit Evidence of Property Tax Missing Missing evidence of property tax.   Tax Cert uploaded. Documentation provided was sufficient.   2022-05-27 13:13 Resolved 3 1 4 1
ATL50332   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 439332 8 of 9 2022-05-05 13:07 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements.     CDA obtained which supported value.   2022-09-07 19:03 Resolved 3 1 4 1
ATL50332   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 443555 9 of 9 2022-05-06 19:15 Credit Assets - Insufficient Cash to Close The loan file does not contain all required asset documentation. Total verified assets are not sufficient to cover total required assets. The loan file does not contain asset documentation to support the cash to close or 6 month reserves requirements.   Asset documentation uploaded. Documentation provided was sufficient.   2022-05-27 19:15 Resolved 3 1 4 1
ATL50356   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 429251 1 of 9 2022-04-29 14:20 Credit Missing credit report The loan file does not contain the Credit Report.   Credit Report uploaded. Documentation provided was sufficient.   2022-05-27 19:17 Resolved 4 1 4 1
ATL50356   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 429256 2 of 9 2022-04-29 14:22 Credit Third Party Fraud Report not Provided The loan file does not contain the third party fraud report.   Fraud Report uploaded. Documentation provided was sufficient.   2022-05-27 13:20 Resolved 3 1 4 1
ATL50356   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 434431 3 of 9 2022-05-03 14:32 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations.         2022-05-03 14:32 Cleared 1 1 4 1
ATL50356   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 436499 4 of 9 2022-05-04 13:10 Valuation Appraisal is Missing The loan file does not contain the origination appraisal.   Origination Appraisal uploaded. Documentation provided was sufficient.   2022-05-27 19:18 Resolved 4 1 4 1
ATL50356   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 436510 5 of 9 2022-05-04 13:12 Credit Flood Certificate Missing The loan file does not contain the Flood Cert.   Flood Cert uploaded. Documentation provided was sufficient.   2022-05-27 13:12 Resolved 4 1 4 1
ATL50356   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 436511 6 of 9 2022-05-04 13:12 Credit Hazard Insurance Policy is Missing Missing Hazard Insurance policy.   Hazard Insurance Policy uploaded. Documentation provided was sufficient.   2022-05-27 13:12 Resolved 3 1 4 1
ATL50356   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 436567 7 of 9 2022-05-04 13:19 Credit Title Document Missing Title document is missing.   Title Policy uploaded. Documentation provided was sufficient.   2022-05-27 13:19 Resolved 3 1 4 1
ATL50356   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 436590 8 of 9 2022-05-04 13:23 Credit Audited Reserves are less than Guideline Required Reserves (Number of Months) Audited Reserves are less than Guideline Required Reserves of 6 month(s). The loan file does not contain asset documentation to sufficiently meet the required reserves. 6 months reserves or ($XXXX) is required per guidelines. 10% of cash-out proceeds can be used towards reserves only and the cash back to the borrower was $XXXX.   Document uploaded. Documentation provided was sufficient.   2022-08-01 19:24 Resolved 3 1 4 1
ATL50356   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 436596 9 of 9 2022-05-04 13:26 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements.     CDA obtained which supported value.   2022-09-07 19:03 Resolved 3 1 4 1
ATL50329   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 429518 1 of 6 2022-04-29 15:54 Credit Missing credit report The loan file does not contain the Credit Report.   Credit Report uploaded. Documentation provided was sufficient.   2022-05-27 14:09 Resolved 4 1 4 1
ATL50329   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 435702 2 of 6 2022-05-03 19:34 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations.         2022-05-03 19:34 Cleared 1 1 4 1
ATL50329   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 436965 3 of 6 2022-05-04 14:43 Credit Flood Certificate Missing The loan file does not contain the Flood Cert.   Flood Cert uploaded. Documentation provided was sufficient.   2022-05-20 20:20 Resolved 4 1 4 1
ATL50329   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 436966 4 of 6 2022-05-04 14:43 Credit Master Policy Expiration Date is Prior To the Transaction Date Master Policy Expiration Date of XX/XX/XXXX is prior to the transaction date of XX/XX/XXXX.   Master HOI Policy uploaded. Documentation provided was sufficient.   2022-05-20 20:20 Resolved 3 1 4 1
ATL50329   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 437099 5 of 6 2022-05-04 15:04 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements.     CDA obtained which supported value.   2022-09-07 19:03 Resolved 3 1 4 1
ATL50329   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 437169 6 of 6 2022-05-04 15:17 Credit Purchase Contract - Addendum Missing The Purchase Contract Addendum is missing. Missing addendum to purchase contract extending closing date from XX/XX/XXXX to XX/XX/XXXX.   Purchase Contract Addendum uploaded. Documentation provided was sufficient.   2022-10-26 19:26 Resolved 3 1 4 1
iw82cfyp XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 448501 1 of 3 2022-05-10 17:45 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 4 1
iw82cfyp XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 450489 2 of 3 2022-05-11 16:40 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-19 16:40 Resolved 4 1 4 1
iw82cfyp XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 455377 3 of 3 2022-05-13 18:38 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
iypxzqdm XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 446835 1 of 4 2022-05-09 20:48 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 4 1
iypxzqdm XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452721 2 of 4 2022-05-12 16:58 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-20 16:58 Resolved 4 1 4 1
iypxzqdm XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453740 3 of 4 2022-05-12 21:58 Credit Program Parameters - Loan Purpose The subject loan does not meet Program Parameters for loan purpose. The subject transaction does not meet guidelines. Subject transaction is a business purpose cash out transaction however the loan file does not contain the Cash out Letter as required. Business Purpose Affidavit uploaded. Documentation provided was sufficient. 2022-05-23 21:16 Resolved 3 1 4 1
iypxzqdm XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 455794 4 of 4 2022-05-13 21:18 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
jkxmnwbp XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 443755 1 of 3 2022-05-06 19:45 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 3 1
jkxmnwbp XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 452662 2 of 3 2022-05-12 16:46 Credit Flood Insurance Policy Missing Missing flood insurance policy. Document uploaded. Documentation provided was sufficient. 2022-10-26 18:23 Resolved 3 1 3 1
jkxmnwbp XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 457316 3 of 3 2022-05-16 17:15 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-05-16 17:15 Cleared 1 1 3 1
e2ivc4wr XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 445641 1 of 5 2022-05-09 16:16 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 4 2
e2ivc4wr XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452530 2 of 5 2022-05-12 15:58 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-20 00:24 Resolved 4 1 4 2
e2ivc4wr XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452570 3 of 5 2022-05-12 16:14 Credit Assets - LOE Missing The loan file does not contain all required asset documentation. The required letter of explanation was not provided in the loan file. Missing letter of explanation and/or documentation for large deposit on XX/XX/XXXX into XXXX account number #XXXX in amount of $XXXX. Formal Exception uploaded. Formal Exception with compensating factors reviewed. Subject LTV of 70% which is below max of 80%, Qualifying FICO of 704 and borrower has 15 owned and managed properties. 2022-05-24 16:17 Waived 3 2 4 2
e2ivc4wr XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452572 4 of 5 2022-05-12 16:15 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 2
e2ivc4wr XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452576 5 of 5 2022-05-12 16:17 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Per documentation age guidelines, Title Commitments expire after 90 days. Title work Preliminary Title in loan file is effective dated XX/XX/XXXX. Loan file closed XX/XX/XXXX. Missing updated title commitment with effective date within 90 days of Note date. Formal Exception uploaded. Formal Exception with compensating factors reviewed. Subject LTV of 70% which is below max of 80%, Qualifying FICO of 704 and borrower has 15 owned and managed properties. 2022-05-24 16:17 Waived 3 2 4 2
kgzminjg XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 445191 1 of 3 2022-05-09 14:37 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 4 1
kgzminjg XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453380 2 of 3 2022-05-12 19:40 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-20 19:40 Resolved 4 1 4 1
kgzminjg XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453433 3 of 3 2022-05-12 19:53 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
7ufngtzi XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 445012 1 of 4 2022-05-09 14:03 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 4 2
7ufngtzi XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452741 2 of 4 2022-05-12 17:03 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-20 01:20 Resolved 4 1 4 2
7ufngtzi XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452773 3 of 4 2022-05-12 17:09 Credit Audited Reserves are less than Guideline Required Reserves (Number of Months) Audited Reserves of 4 month(s) are less than Guideline Required Reserves of 6 month(s) Formal Exception uploaded. Formal Exception with compensating factors reviewed. Qualifying FICO of 706 and DSCR of 1.52 which exceeds minimum of 1. 2022-05-23 01:29 Waived 3 2 4 2
7ufngtzi XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452823 4 of 4 2022-05-12 17:25 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 2
z6ccauwk XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 444844 1 of 4 2022-05-09 13:25 Compliance Missing Doc - Final TIL/Missing Rescindable Transaction. The Final TIL is missing from the file. Exception has been voided. 2022-05-23 13:25 Void 1 1 4 1
z6ccauwk XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452039 2 of 4 2022-05-12 13:52 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-20 14:25 Resolved 4 1 4 1
z6ccauwk XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452106 3 of 4 2022-05-12 14:14 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
z6ccauwk XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 457428 4 of 4 2022-05-16 18:01 Credit Program Parameters - Loan Purpose The subject loan does not meet Program Parameters for loan purpose. The subject transaction does not meet guidelines. Subject transaction is a business purpose cash out transaction however the loan file does not contain the Cash out Letter as required. Business Purpose Affidavit uploaded. Documentation provided was sufficient. 2022-05-20 18:01 Resolved 3 1 4 1
84fxdgeb XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 440818 1 of 3 2022-05-05 19:27 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 4 1
84fxdgeb XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452762 2 of 3 2022-05-12 17:06 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-20 17:06 Resolved 4 1 4 1
84fxdgeb XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452821 3 of 3 2022-05-12 17:24 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
rgg3yzpz XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 447094 1 of 5 2022-05-09 23:51 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 4 2
rgg3yzpz XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 452670 2 of 5 2022-05-12 16:48 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-20 16:48 Resolved 4 1 4 2
rgg3yzpz XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 452820 3 of 5 2022-05-12 17:23 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 2
rgg3yzpz XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 455071 4 of 5 2022-05-13 17:18 Credit Purchase Contract - Missing The loan file did not contain the Purchase Contract as required. Purchase Contract uploaded. Documentation provided was sufficient. 2022-05-23 17:18 Resolved 3 1 4 2
rgg3yzpz XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 455879 5 of 5 2022-05-13 22:57 Credit Asset Qualification Does Not Meet Guideline Requirements Asset Qualification does not meet guideline requirements Missing updated bank statements for XXXX account ending in #XXXX. Formal Exception uploaded. Formal Exception with compensating factors reviewed. Subject LTV of 71.33% which is below maximum of 85%, qualifying FICO is 34 points over minimum, borrower has good experience of 2 properties within the last 24 months that points to an investor in the industry and verified assets of $XXXX which exceeds required of $XXXX. 2022-05-23 22:57 Waived 3 2 4 2
v3pdyyj2 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 447101 1 of 3 2022-05-10 00:00 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 4 1
v3pdyyj2 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 453623 2 of 3 2022-05-12 21:03 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-20 21:03 Resolved 4 1 4 1
v3pdyyj2 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 453739 3 of 3 2022-05-12 21:57 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
7413364 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 440882 1 of 8 2022-05-05 19:46 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 4 2
7413364 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 452802 2 of 8 2022-05-12 17:21 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-20 16:32 Resolved 4 1 4 2
7413364 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 452860 3 of 8 2022-05-12 17:36 Credit Audited LTV Exceeds Guideline LTV Audited LTV of 80% exceeds Guideline LTV of 75%. Guideline states max 75% if loan amount is less than $XXXX. No exception in file. Exception has been voided. 2022-05-23 16:55 Void 1 1 4 2
7413364 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 452861 4 of 8 2022-05-12 17:36 Credit Audited Reserves are less than Guideline Required Reserves (Number of Months) Missing required assets to cover 6 month reserves. As per investor guidelines, Business accounts can only use 50% of business assets. Calculated reserves required is $XXXX and at 50% of deposits the assets available is $XXXX.  6 months reserves or $XXXX is required however only 4.4 months or $XXXX was verified. Compensating Factors reviewed. Qualifying FICO of 701, low AIV ratio of 71.54%, DSCR of 1.73 which exceeds requirement of 1 and history of property management experience on properties in the past for 6 years and 5 years. 2022-10-26 17:02 Waived 3 2 4 2
7413364 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 452919 5 of 8 2022-05-12 17:48 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Missing required 2 year investor experience for properties that will be self managed. Lease confirms no 3rd party management company. Formal Exception uploaded. Formal Exception with compensating factors reviewed. Qualifying FICO of 701, low AIV ratio of 71.54%, DSCR of 1.73 which exceeds requirement of 1 and history of property management experience on properties in the past for 6 years and 5 years. 2022-05-23 16:02 Waived 3 2 4 2
7413364 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 452921 6 of 8 2022-05-12 17:48 Credit Purchase Contract - Missing The loan file did not contain the Purchase Contract as required. Purchase Contract uploaded. Documentation provided was sufficient. 2022-05-27 17:49 Resolved 3 1 4 2
7413364 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 452952 7 of 8 2022-05-12 17:51 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 2
7413364 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 455041 8 of 8 2022-05-13 17:08 Credit Borrower 1 Business Bank Statements Missing Missing XXXX 2022 Business Bank Statement ending in *XXXX. Per Guidelines most recent 3 months Bank Statements required when using Business Funds. Formal Exception uploaded. Formal Exception with compensating factors reviewed. Qualifying FICO of 701, low AIV ratio of 71.54%, DSCR of 1.73 which exceeds requirement of 1 and history of property management experience on properties in the past for 6 years and 5 years. 2022-05-24 19:51 Waived 3 2 4 2
10003148 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 442833 1 of 3 2022-05-06 16:52 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 3 1
10003148 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453523 2 of 3 2022-05-12 20:30 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
10003148 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453770 3 of 3 2022-05-12 22:45 Credit Program Parameters - Loan Purpose The subject loan does not meet Program Parameters for loan purpose. The subject transaction does not meet guidelines. Subject transaction is a business purpose cash out transaction however the loan file does not contain the Cash out Letter as required. Business Purpose Affidavit uploaded. Documentation provided was sufficient. 2022-05-23 15:56 Resolved 3 1 3 1
2390182 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 441851 1 of 3 2022-05-06 13:47 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 4 1
2390182 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453424 2 of 3 2022-05-12 19:50 Credit Flood Certificate Missing Missing flood certificate. Flood Certs uploaded. Documentation provided was sufficient. 2022-05-20 16:03 Resolved 4 1 4 1
2390182 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453459 3 of 3 2022-05-12 20:05 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
1125601 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 452348 1 of 3 2022-05-12 15:10 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
1125601 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 452384 2 of 3 2022-05-12 15:15 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-20 15:15 Resolved 4 1 4 1
1125601 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 452436 3 of 3 2022-05-12 15:29 Compliance Missing Prepayment Rider Prepayment Rider is missing. Exception has been voided. 2022-05-24 19:49 Void 1 1 4 1
2022-0044 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 452566 1 of 4 2022-05-12 16:12 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 2
2022-0044 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 452653 2 of 4 2022-05-12 16:43 Credit Purchase Contract - Missing The loan file did not contain the Purchase Contract as required. Purchase Contract uploaded. Documentation provided was sufficient. 2022-05-12 16:43 Resolved 3 1 3 2
2022-0044 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 452659 3 of 4 2022-05-12 16:44 Compliance Missing Prepayment Rider Prepayment Rider is missing. Exception has been voided. 2022-05-24 19:50 Void 1 1 3 2
2022-0044 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 453783 4 of 4 2022-05-12 23:17 Credit Asset Qualification Does Not Meet Guideline Requirements Asset Qualification does not meet guideline requirements. Investor guidelines indicate that large deposits must be sourced.  Borrower has 2 large deposits into XXXX Bank checking account ending in #XXXX on XX/XX/XXXX $XXXX & $XXXX. Deposits were not sufficiently documented and sourced. Formal exception uploaded. Formal Exception with compensating factors reviewed. AIV Ratio 74%, Qualifying FICO of 724, DSCR of 1.4, and borrower's experience with 6 total project and 3 within the last 24 months. 2022-05-29 15:22 Waived 3 2 3 2
LQ3430 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 444681 1 of 5 2022-05-09 12:46 Compliance Missing Doc - Final TIL/Missing Rescindable Transaction. The Final TIL is missing from the file. Exception has been voided. 2022-08-01 12:46 Void 1 1 4 2
LQ3430 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453052 2 of 5 2022-05-12 18:19 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 2
LQ3430 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453069 3 of 5 2022-05-12 18:23 Valuation Appraisal is Expired Primary value appraisal is expired. Please consider an exception to be granted on this finding.  The appraisal was performed XX/XX/XXXX (date of site visit)  and the loan closed XX/XX/XXXX.  Although in excess of 120 days, the actual time elapsed is 122 days but the date signed was XX/XX/XXXX which is the more appropriate date to use as that is when the appraiser validated the findings and that date would be under the 120 days.   Compensating Factors reviewed. Verified 93 months reserves, DSCR of 1.42 and LTV of 70%. 2022-10-26 12:56 Waived 3 2 4 2
LQ3430 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453092 4 of 5 2022-05-12 18:29 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-20 18:29 Resolved 4 1 4 2
LQ3430 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453832 5 of 5 2022-05-13 02:26 Credit Program Parameters - Loan Purpose The subject loan does not meet Program Parameters for loan purpose. The subject transaction does not meet guidelines. Subject transaction is a business purpose cash out transaction however the loan file does not contain the Cash out Letter as required. Business Affidavit uploaded. Documentation provided was sufficient. 2022-05-20 12:53 Resolved 3 1 4 2
1125599 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 444633 1 of 4 2022-05-09 12:33 Compliance Missing Doc - Final TIL/Missing Rescindable Transaction. The Final TIL is missing from the file. Exception has been voided. 2022-05-23 12:33 Void 1 1 4 1
1125599 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453597 2 of 4 2022-05-12 20:55 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-20 20:55 Resolved 4 1 4 1
1125599 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453752 3 of 4 2022-05-12 22:11 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
1125599 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453821 4 of 4 2022-05-13 01:57 Credit Program Parameters - Loan Purpose The subject loan does not meet Program Parameters for loan purpose. The subject transaction does not meet guidelines. Subject transaction is a business purpose cash out transaction however the loan file does not contain the Cash out Letter as required. Business Purpose Affidavit uploaded. Documentation provided was sufficient. 2022-05-20 12:51 Resolved 3 1 4 1
107416 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 442456 1 of 6 2022-05-06 15:32 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 4 2
107416 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453019 2 of 6 2022-05-12 18:13 Valuation Appraisal is Expired Primary value appraisal is expired. Updated appraisals uploaded. Documentation provided was sufficient. 2022-05-24 18:33 Resolved 3 1 4 2
107416 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453051 3 of 6 2022-05-12 18:18 Credit Flood Certificate Missing Missing flood certificate. Flood Certs uploaded. Documentation provided was sufficient. 2022-05-20 20:16 Resolved 4 1 4 2
107416 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453148 4 of 6 2022-05-12 18:41 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 2
107416 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 455638 5 of 6 2022-05-13 19:58 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Per XXXX Investor Loan Program Guidelines, effective XX/XX, the minimum DSCR required is 1.0. For refinance transactions, if the property is leased at the time of Origination, gross rents will be used to calculate Debt Service Coverage Ratio (DSCR) per guidelines. Per the leases provided, the total rental income is $XXXX. The PITIA of the subject property is $XXXX. The DSCR for the subject property is 0.93, which is outside of the guidelines. Formal Exception uploaded. Formal Exception with compensating factors reviewed. Qualifying FICO of 730 which exceeds minimum of 700, subject LTV of 75% which is below maximum of 80%. 2022-05-23 20:31 Waived 3 2 4 2
107416 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 457367 6 of 6 2022-05-16 17:34 Credit Program Parameters - Loan Purpose The subject loan does not meet Program Parameters for loan purpose. The subject transaction does not meet guidelines. Subject transaction is a business purpose cash out transaction however the loan file does not contain the Cash out Letter as required. Business Purpose Affidavit uploaded. Documentation provided was sufficient. 2022-05-20 17:34 Resolved 3 1 4 2
RC30R97 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 445279 1 of 4 2022-05-09 14:59 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 4 1
RC30R97 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453279 2 of 4 2022-05-12 19:16 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-20 23:54 Resolved 4 1 4 1
RC30R97 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453336 3 of 4 2022-05-12 19:28 Valuation Appraisal - Incomplete/Signature The Appraisal Signature section is incomplete. The following data is missing: Missing appraiser signature. Updated appraisal uploaded. Documentation provided was sufficient. 2022-05-12 19:28 Resolved 3 1 4 1
RC30R97 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453337 4 of 4 2022-05-12 19:28 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
39wkgijp XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453502 1 of 3 2022-05-12 20:19 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
39wkgijp XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453518 2 of 3 2022-05-12 20:27 Compliance Condo Rider is Missing Condo Rider is missing. Condor Rider uploaded. Documentation provided was sufficient. 2022-09-02 20:27 Resolved 3 1 3 1
39wkgijp XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 457310 3 of 3 2022-05-16 17:14 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-05-16 17:14 Cleared 1 1 3 1
dcit6vjy XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 445541 1 of 5 2022-05-09 15:56 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 4 1
dcit6vjy XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452590 2 of 5 2022-05-12 16:23 Credit Flood Certificate Missing Missing flood certificate. Flood Certs uploaded. Documentation provided was sufficient. 2022-05-20 11:41 Resolved 4 1 4 1
dcit6vjy XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453771 3 of 5 2022-05-12 22:45 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
dcit6vjy XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 454989 4 of 5 2022-05-13 16:47 Credit Audited LTV Exceeds Guideline LTV Audited LTV of 76.01% exceeds Guideline LTV of 75%. No exception in file. Exception has been voided. 2022-05-23 17:22 Void 1 1 4 1
dcit6vjy XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 455042 5 of 5 2022-05-13 17:08 Credit Title Coverage is Less than Subject Lien(s) Total The amount of title insurance verified in the loan file is not sufficient to cover the loan amount. The amount covered is missing from the Title Commitment. Title Policy uploaded. Documentation provided was sufficient. 2022-05-25 18:16 Resolved 3 1 4 1
vqdmkbnx XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453491 1 of 3 2022-05-12 20:15 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-20 20:15 Resolved 4 1 4 1
vqdmkbnx XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453525 2 of 3 2022-05-12 20:32 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-10-28 20:32 Resolved 3 1 4 1
vqdmkbnx XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 457317 3 of 3 2022-05-16 17:15 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-16 17:15 Cleared 1 1 4 1
n2emvjaq XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 449560 1 of 5 2022-05-11 11:45 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 4 1
n2emvjaq XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452726 2 of 5 2022-05-12 17:00 Credit Asset 2 Does Not Meet Guideline Requirements Per Investor Loan asset guidelines, 3 months business bank statements are required to use as qualifying assets. The loan file does not contain the December 2021 statement for XXXX Bank with account ending #XXXX. Assets uploaded. Documentation provided was sufficient. 2022-08-01 19:45 Resolved 3 1 4 1
n2emvjaq XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452774 3 of 5 2022-05-12 17:10 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-20 14:40 Resolved 4 1 4 1
n2emvjaq XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452831 4 of 5 2022-05-12 17:29 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Per Investor Loan guidelines dated November 2021, Cash-Out refinance guideline requires property must be owner for greather than or equal to 3 months. Chain of title provided shows XXXX and XXXX deeded property to XXXX January 31, 2022. Minimum 3 month ownership requirement not met. Property Detail History uploaded. Documentation provided was sufficient. 2022-05-23 17:29 Resolved 3 1 4 1
n2emvjaq XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 457777 5 of 5 2022-05-16 19:45 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
1030 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 443592 1 of 4 2022-05-06 19:21 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 4 1
1030 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452188 2 of 4 2022-05-12 14:33 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-20 15:19 Resolved 4 1 4 1
1030 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452318 3 of 4 2022-05-12 15:04 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
1030 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 452852 4 of 4 2022-05-12 17:36 Credit Asset 1 Does Not Meet Guideline Requirements Per Investor Loan asset guidelines, 3 months business bank statements are required to use as qualifying assets. The loan file does not contain the November 2021 statement for XXXX Bank with account ending #XXXX. Bank Statement uploaded. Documentation provided was sufficient. 2022-05-20 19:46 Resolved 3 1 4 1
1.0437E+11 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 443840 1 of 4 2022-05-06 20:01 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-13 22:11 Cleared 1 1 4 2
1.0437E+11 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453153 2 of 4 2022-05-12 18:42 Credit Flood Certificate Missing Missing flood certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-05-20 13:15 Resolved 4 1 4 2
1.0437E+11 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 453223 3 of 4 2022-05-12 19:04 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-05-12 19:04 Cleared 1 1 4 2
1.0437E+11 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 454734 4 of 4 2022-05-13 15:34 Credit Asset 1 Missing Asset 1 missing. Please provide 2 months of bank history for XXXX account ending in #XXXX. Formal Exception uploaded. Formal Exception with compensating factors reviewed. Subject LTV of 60.10% which is below maximum of 80%, Qualifying FICO of 690 and borrower has good experience with 2 projects in past 24 months. 2022-05-25 15:34 Waived 3 2 4 2
FF10 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 462493 1 of 7 2022-05-18 17:23 Compliance PUD Rider is Missing PUD Rider is missing. No PUD Rider- In the DofT- 1.7 “Impositions.” All real estate and personal property taxes, water, gas, sewer, electricity, and other utility rates and charges; charges imposed under any subdivision, planned unit development, or condominium declaration or restrictions; charges for any easement, license, or agreement maintained for the benefit of the Mortgaged Property, and all other taxes, charges, and assessments and any interest, costs, or penalties of any kind and nature that at any time before or after the execution of this Security Instrument may be assessed, levied, or imposed on the Mortgaged Property or on its ownership, use, occupancy, or enjoyment.  PUD Rider is required. Compensating Factors reviewed. Qualifying FICO of 715, DSCR of 1.30 and extensive mortgage history with no late payments. 2022-07-08 17:23 Waived 3 2 4 2
FF10 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 462524 2 of 7 2022-05-18 17:34 Credit Approval/Underwriting Summary Not Provided The loan file is missing the approval/1008/loan term sheet. Document uploaded. Documentation provided was sufficient. 2022-07-08 21:29 Resolved 2 1 4 2
FF10 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 462564 3 of 7 2022-05-18 17:42 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. As per guidelines, eligible loan product types include Fixed Rate 15 and 20 year, Adjustable Rate 5/1, 7/1 & 10/1, 10-year Interest-Only Period followed by 20-year amortization. Loan Note indicates subject loan is 5 year Interst-Only period with 25-year amortization. Investor approved with compensating factors. Compensating Factors reviewed. Qualifying FICO of 715 and DSCR of 1.30. 2022-07-08 19:45 Waived 3 2 4 2
FF10 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 462565 4 of 7 2022-05-18 17:42 Credit Purchase Contract - Missing The loan file did not contain the Purchase Contract as required. Document uploaded. Documentation provided was sufficient. 2022-07-08 17:42 Resolved 3 1 4 2
FF10 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 462570 5 of 7 2022-05-18 17:47 Credit Asset Qualification Does Not Meet Guideline Requirements Asset Qualification does not meet guideline requirements. As per guidelines, use of Business Funds for closing costs and reserves required Cash flow analysis using most recent three months business bank statements to determine no negative impact to the business. Asset statements provided are dated 2/28/2022 for Trust account numbers ending #XXXX and #XXXX and partial account history from 2/28/2022-3/16/2022 for account ending #XXXX. Missing two additional months to meet requirement of three business bank statements when using business assets for closing costs and reserves. If a person is vesting as an entity (LLC) and conducts business as a single member LLC  and uses a business account as their main bank account, why would you penalize them  for using that account to fund their purchase? Why would give personal account have more weight than their business account?   Reviewed per XXXX guidelines which require full asset statements. Compensating Factors reviewed. Qualifying FICO of 715, DSCR of 1.30 and extensive mortgage history with no late payments. 2022-07-08 17:47 Waived 3 2 4 2
FF10 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 462584 6 of 7 2022-05-18 17:49 Compliance Missing HUD-1 Closing Statement Missing final settlement statement as required to confirm sufficient assets for closing and reserves based on guideline requirements. Document uploaded. Documentation provided was sufficient. 2022-07-08 17:49 Resolved 4 1 4 2
FF10 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 463098 7 of 7 2022-05-18 21:27 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 2
121845 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 471978 1 of 4 2022-05-25 17:46 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-25 17:46 Cleared 1 1 3 2
121845 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 472570 2 of 4 2022-05-25 20:21 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Document uploaded. Documentation provided was sufficient. 2022-10-26 16:40 Resolved 2 2 3 2
121845 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 473382 3 of 4 2022-05-26 16:10 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-06-01 16:57 Cleared 1 1 3 2
121845 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 473396 4 of 4 2022-05-26 16:17 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Per XXXX Investor Loan Program Guidelines, effective XX/XXXX, vacant properties are not allowed on cash out refinances. The maximum cash out is $XXXX. The cash out to the borrower in the subject transaction was $XXXX which is outside of guidelines. No formal exception in file. Investor accepts with compensating factors. Verified 26 months reserves, Qualifying FICO 741, and DSCR of 1.55. 2022-08-01 16:17 Waived 3 2 3 2
121834 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 472540 1 of 3 2022-05-25 20:01 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-25 20:01 Cleared 1 1 1 1
121834 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 473661 2 of 3 2022-05-26 17:51 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-05-26 17:51 Cleared 1 1 1 1
121834 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 473662 3 of 3 2022-05-26 17:51 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-05-26 17:51 Cleared 1 1 1 1
122339 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 471088 1 of 3 2022-05-25 13:08 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-25 18:44 Cleared 1 1 1 1
122339 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 479750 2 of 3 2022-06-01 17:32 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-06-01 17:32 Cleared 1 1 1 1
122339 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 481808 3 of 3 2022-06-02 16:23 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-06-02 16:23 Cleared 1 1 1 1
121908 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 472611 1 of 4 2022-05-25 20:48 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-25 20:48 Cleared 1 1 3 1
121908 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 477794 2 of 4 2022-05-31 21:03 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-05-31 21:03 Cleared 1 1 3 1
121908 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 478961 3 of 4 2022-06-01 14:31 Credit Asset 1 Does Not Meet Guideline Requirements Asset Record 1 Does Not Meet G/L Requirements. Per XX Investor Loan Program Guidelines effective 11/2021, the borrower must be 100% owner of the business when using business funds. The Note only reflects 1 borrower, XXXX. Per the Operating agreement, there are 2 members, each owning 50% of the business. Our borrower does not own 100% of the business, so business funds can't be used. There are no further assets statements in the file, so the borrower does not show sufficient cash to close or reserves. There no exception in the file. Certification of Members cited for language allowing 1 borrower to sign for the LLC. Documentation was sufficient. 2022-06-01 17:38 Resolved 3 1 3 1
121908 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 479007 4 of 4 2022-06-01 14:35 Credit Assets - Earnest Money Deposit The earnest money deposit was not properly documented and/or sourced. The purchase agreement, the borrower's earnest money deposit was to be wired in the amount of $XXXX. The proof of the wire is not located in the file. Document uploaded. Documentation was sufficient. 2022-10-26 17:38 Resolved 2 1 3 1
7000005 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 472983 1 of 3 2022-05-26 12:17 Credit Third Party Fraud Report not Provided Missing third party fraud report. Fraud Report uploaded. Documentation provided was sufficient. 2022-06-07 18:00 Resolved 3 1 3 1
7000005 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 473091 2 of 3 2022-05-26 13:23 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-26 16:01 Cleared 1 1 3 1
7000005 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 474662 3 of 3 2022-05-27 14:46 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-05-27 14:46 Cleared 1 1 3 1
7000006 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 474556 1 of 3 2022-05-27 14:15 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-27 14:15 Cleared 1 1 3 1
7000006 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 475975 2 of 3 2022-05-27 21:19 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-05-31 14:22 Cleared 1 1 3 1
7000006 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 478503 3 of 3 2022-06-01 12:55 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. XXXX does not have, please order. CDA obtained which supported value. 2022-09-07 14:21 Resolved 3 1 3 1
7000007 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 473063 1 of 3 2022-05-26 13:03 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-05-26 13:48 Cleared 1 1 1 1
7000007 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 473513 2 of 3 2022-05-26 16:57 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-05-26 16:57 Cleared 1 1 1 1
7000007 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 473515 3 of 3 2022-05-26 16:58 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-05-26 16:58 Cleared 1 1 1 1
7000008 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 472318 1 of 3 2022-05-25 19:05 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-06-03 15:16 Cleared 1 1 3 2
7000008   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 473303 2 of 3 2022-05-26 15:29 Credit Assets - Large Deposits The loan file does not contain all required asset documentation. Asset statements in file verified a large deposit which has been removed from qualifying assets as the loan file did not contain the required explanation and supporting documentation to source the large deposit. The file contains 2 months bank statements for the business account with XXXX #XXXX. The balance as of XX/XX/XXXX was $XXXX. The balance as of XX/XX/XXXX was $XXXX. There was a $XXXX deposit from an unknown source on XX/XX/XXXX. The guidelines state that large deposits must be verified if using for down payment, reserves or closing costs.      Investor accepts with compensating factors. Verified 69 months reserves, Qualifying FICO of 751 and LTV of 70%. 2022-08-01 15:16 Waived 3 2 3 2
7000008   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 473312 3 of 3 2022-05-26 15:34 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied.         2022-05-26 15:34 Cleared 1 1 3 2
7000009   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 471101 1 of 3 2022-05-25 13:13 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations.         2022-05-26 12:17 Cleared 1 1 3 2
7000009   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 474264 2 of 3 2022-05-26 23:09 Credit Assets - Large Deposits The loan file does not contain all required asset documentation. Asset statements in file verified a large deposit which has been removed from qualifying assets as the loan file did not contain the required explanation and supporting documentation to source the large deposit. The file contains 2 months bank statements for the business account with XXXX #XXXX. The balance as of XX/XX/XXXX was $XXXX. The balance as of XX/XX/XXXX was $XXXX. There was a $XXXX deposit from an unknown source on XX/XX/XXXX. The guidelines state that large deposits must be verified if using for down payment, reserves or closing costs.      Investor accepts with compensating factors. Verified 328 months reserves, Qualifying FICO of 751 and LTV of 70%. 2022-08-01 15:27 Waived 3 2 3 2
7000009   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 474266 3 of 3 2022-05-26 23:10 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied.         2022-05-26 23:10 Cleared 1 1 3 2
7000011   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 473261 1 of 3 2022-05-26 14:58 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations.         2022-05-26 14:58 Cleared 1 1 1 1
7000011   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 473985 2 of 3 2022-05-26 19:44 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied.         2022-05-26 20:06 Cleared 1 1 1 1
7000011   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 474690 3 of 3 2022-05-27 14:54 Credit No Credit Findings The loan meets all applicable credit guidelines.         2022-05-27 14:54 Cleared 1 1 1 1
7000012   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 471783 1 of 3 2022-05-25 17:05 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations.         2022-05-26 15:36 Cleared 1 1 1 1
7000012   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 473990 2 of 3 2022-05-26 19:50 Credit No Credit Findings The loan meets all applicable credit guidelines.         2022-05-26 19:50 Cleared 1 1 1 1
7000012   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 474006 3 of 3 2022-05-26 19:54 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied.         2022-05-26 20:37 Cleared 1 1 1 1
72879   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 480359 1 of 7 2022-06-01 19:40 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations.         2022-06-07 19:20 Cleared 1 1 3 1
72879   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 484926 2 of 7 2022-06-03 18:04 Credit Term and Amortization Term do not match Subject note reflects a XX year I/O and XX year amortization for a total of a XXX month term. Per the Note, the period from the first payment to maturity date of XX/XX/XXXX is equal to XXX months.   Updated Note uploaded. Documentation provided was sufficient.   2022-09-02 19:19 Resolved 3 1 3 1
72879   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 486732 3 of 7 2022-06-06 16:50 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements.     BPO obtained which supported value.   2022-06-07 18:08 Resolved 3 1 3 1
72879   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 488366 4 of 7 2022-06-07 13:12 Credit Evidence of Property Tax Missing Missing evidence of property tax   Property Taxes on Prelim Title. Documentation provided was sufficient.   2022-07-21 15:04 Resolved 3 1 3 1
72879   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 488418 5 of 7 2022-06-07 13:25 Valuation Missing Doc - Updated Completion Report (442/1004D) Missing The loan file did not contain the updated completion report (442/1004D) as required.   Full Appraisals uploaded. Documentation provided was sufficient.   2022-07-21 13:25 Resolved 3 1 3 1
72879   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 488795 6 of 7 2022-06-07 14:32 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary   Loan Approval uploaded. Documentation provided was sufficient.   2022-07-21 14:56 Resolved 2 1 3 1
72879 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 489959 7 of 7 2022-06-07 18:32 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Guidelines required overall project costs and/or construction budget to be included in file. Unable to calculate required reserves.   Exception has been voided.   2022-07-21 18:51 Void 1 1 3 1
72880 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 479400 1 of 6 2022-06-01 16:13 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations.       2022-06-07 19:26 Cleared 1 1 3 1
72880 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 482584 2 of 6 2022-06-02 19:53 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements.   BPO obtained which supported value.   2022-06-07 18:36 Resolved 3 1 3 1
72880 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 484861 3 of 6 2022-06-03 17:50 Credit Term and Amortization Term do not match Subject note reflects a XX year I/O and XX year amortization for a total of a XXX month term. Per the Note, the period from the first payment to maturity date of XX/XX/XXXX is equal to XXX months. Updated Note uploaded. Documentation provided was sufficient. 2022-09-02 19:11 Resolved 3 1 3 1
72880 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 486323 4 of 6 2022-06-06 14:26 Credit Evidence of Property Tax Missing Missing evidence of property tax Taxes verified on Prelim Title. Documentation provided was sufficient. 2022-07-21 15:03 Resolved 3 1 3 1
72880 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 488838 5 of 6 2022-06-07 14:40 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Loan Approval uploaded. Documentation provided was sufficient. 2022-07-21 14:50 Resolved 2 1 3 1
72880 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 490051 6 of 6 2022-06-07 18:51 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Guidelines required overall project costs and/or construction budget to be included in file. Unable to calculate required reserves. Exception has been voided. 2022-07-21 18:51 Void 1 1 3 1
72877 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 479543 1 of 5 2022-06-01 16:53 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-06-07 19:22 Cleared 1 1 3 3
72877 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 481216 2 of 5 2022-06-02 13:50 Credit Hazard Insurance Policy is Partial Annual Premium is missing from the Hazard Insurance Policy. HOI Policy uploaded. Documentation provided was sufficient. 2022-07-21 11:04 Resolved 3 1 3 3
72877 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 481571 3 of 5 2022-06-02 15:21 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Loan Approval uploaded. Documentation provided was sufficient. 2022-07-21 14:50 Resolved 2 1 3 3
72877 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 481606 4 of 5 2022-06-02 15:32 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which did not support value and returned an indeterminate value. BPO obtained which did not support value within 10%. 2022-11-22 18:39 Upheld 3 3 3 3
72877 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 490027 5 of 5 2022-06-07 18:48 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Guidelines required overall project costs and/or construction budget to be included in file. Unable to calculate required reserves. Exception has been voided. 2022-07-21 18:48 Void 1 1 3 3
FF12 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 486262 1 of 4 2022-06-06 14:01 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-06-08 19:32 Cleared 1 1 3 1
FF12 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 491926 2 of 4 2022-06-08 17:49 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary. Document uploaded. Documentation provided was sufficient. 2022-07-08 17:49 Resolved 2 1 3 1
FF12 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 491998 3 of 4 2022-06-08 18:19 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
FF12 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 494036 4 of 4 2022-06-09 18:50 Credit Purchase Contract is Missing Purchase contract missing. Document uploaded. Documentation provided was sufficient. 2022-07-08 19:57 Resolved 3 1 3 1
FF15 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 489386 1 of 4 2022-06-07 16:33 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary. Document uploaded. Documentation provided was sufficient. 2022-07-08 16:33 Resolved 2 1 3 1
FF15 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 489398 2 of 4 2022-06-07 16:35 Compliance HUD-1 not executed properly HUD-1 not executed properly. Document uploaded. Documentation provided was sufficient. 2022-07-08 19:32 Resolved 3 1 3 1
FF15 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 489403 3 of 4 2022-06-07 16:38 Credit Assets - Liquidation for Cash to Close The loan file does not contain all required asset documentation. Satisfactory documentation was not provided in the loan file verifying the liquidation of stocks, bonds, mutual funds or retirement accounts utilized for required funds to close. Cash to close is $XXXX and Liquid Assets from checking account ending in #XXXX with an available amount of $XXXX is short $XXXX. IRA assets total $XXXXand proof of liquidity is needed or additional asset for the additional funds to close source. I have included all asset statements we have plus a screenshot of the entire amount due to escrow coming from her account ending in #XXXX.  She has more than ample reserves and funds to close.   Documentation provided was sufficient. 2022-07-08 12:22 Resolved 3 1 3 1
FF15 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 494054 4 of 4 2022-06-09 18:58 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
FF42 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 490192 1 of 4 2022-06-07 19:17 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary. Document uploaded. Documentation provided was sufficient. 2022-07-08 19:17 Resolved 2 1 3 1
FF42 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 490214 2 of 4 2022-06-07 19:25 Credit Purchase Contract - Missing The loan file did not contain the Purchase Contract as required. Document uploaded. Documentation provided was sufficient. 2022-07-08 19:25 Resolved 3 1 3 1
FF42 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 490280 3 of 4 2022-06-07 19:42 Compliance Final CD: Loan Amount is missing or is inaccurate HUD-1 Line 202 Principal amount of new loan(s) $XXXX does not match the Note loan amount of $XXXX Document uploaded. Documentation provided was sufficient. 2022-07-08 19:52 Resolved 3 1 3 1
FF42 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 494065 4 of 4 2022-06-09 18:59 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
BPP3601282 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 495659 1 of 4 2022-06-10 16:59 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-06-10 18:16 Cleared 1 1 3 2
BPP3601282 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 496406 2 of 4 2022-06-10 21:24 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary. Final Term Sheet uploaded. Documentation provided was sufficient. 2022-06-14 13:49 Resolved 2 1 3 2
BPP3601282 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 496407 3 of 4 2022-06-10 21:24 Credit Audited Loan Amount is less than Guideline Maximum Loan Amount Subject loan amount of $XXXX is less than the guideline minimum of $XXXX. No exception in file. Compensating Factors reviewed. Qualifying FICO of 703, verified reserves of 91 months, DSCR of 1.21 and LTV of 60%. 2022-10-26 22:07 Waived 3 2 3 2
BPP3601282 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 496422 4 of 4 2022-06-10 21:37 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA uploaded. Documentation provided was sufficient. 2022-07-12 21:37 Resolved 3 1 3 2
BPP3601195 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 495998 1 of 3 2022-06-10 18:59 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-06-10 18:59 Cleared 1 1 3 1
BPP3601195 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 496550 2 of 3 2022-06-10 22:42 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary. Final Term Sheet uploaded. Documentation provided was sufficient. 2022-06-14 14:22 Resolved 2 1 3 1
BPP3601195 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 496553 3 of 3 2022-06-10 22:48 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA uploaded. Documentation provided was sufficient. 2022-07-12 14:32 Resolved 3 1 3 1
BPP3601082 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 496146 1 of 4 2022-06-10 19:47 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-06-10 19:47 Cleared 1 1 4 1
BPP3601082 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 497171 2 of 4 2022-06-13 14:35 Credit Flood Certificate Missing Missing Flood Certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-06-21 16:20 Resolved 4 1 4 1
BPP3601082 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 497189 3 of 4 2022-06-13 14:44 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary. Final Term Sheet uploaded. Documentation provided was sufficient. 2022-06-14 16:04 Resolved 2 1 4 1
BPP3601082 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 497207 4 of 4 2022-06-13 14:48 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA uploaded. Documentation provided was sufficient. 2022-07-12 14:48 Resolved 3 1 4 1
BPP3601250 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 496201 1 of 4 2022-06-10 20:03 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-06-10 20:03 Cleared 1 1 3 2
BPP3601250 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 496929 2 of 4 2022-06-13 12:48 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary. Final Term Sheet uploaded. Documentation provided was sufficient. 2022-06-14 16:28 Resolved 2 1 3 2
BPP3601250 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 496931 3 of 4 2022-06-13 12:52 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 2
BPP3601250 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 500747 4 of 4 2022-06-14 22:53 Credit Assets - Insufficient Cash to Close The loan file does not contain all required asset documentation. Total verified assets are not sufficient to cover total required assets. Per guideline requirements 50% of business funds can be utilized for loan qualification. Required down payment is $XXXX. Required cash to close is $XXXX, and required reserve amount is $XXXX. Total verified assets are $XXXX at the 50% of the business assets. This loan has insufficient assets with a shortage of $XXXX for cash to close and reserves from qualified funds. The attached April 2022 XXXX bank statement verifies $XXXX of liquid funds. Cash to close on the HUD is $XXXX. The surplus of $XXXX covers the 6 month PITI requirement of $XXXX.  Investor guidelines allow only 50% to be utilized from Business Accounts therefore only $XXXX could be applied from XXXX bank account. Compensating Factors reviewed. Qualifying FICO of 798 and LTV of 57%. 2022-10-26 16:27 Waived 3 2 3 2
BPP3601150 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 496268 1 of 4 2022-06-10 20:21 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-06-10 20:21 Cleared 1 1 3 2
BPP3601150 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 497532 2 of 4 2022-06-13 16:29 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary. Final Term Sheet uploaded. Documentation provided was sufficient. 2022-06-13 16:29 Resolved 2 1 3 2
BPP3601150 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 497578 3 of 4 2022-06-13 16:42 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 2
BPP3601150 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 501936 4 of 4 2022-06-15 16:33 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Per guidelines, maximum cash out is $XXXX and must be used for business purposes. Total cash back to the borrower was $XXXX which exceeds guideline maximum. Compensating Factors reviewed. Qualifying FICO 743, verified 140 months reserves and LTV of 50%. 2022-10-26 16:33 Waived 3 2 3 2
BPP3601151 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 496912 1 of 4 2022-06-13 12:30 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-06-13 12:30 Cleared 1 1 4 1
BPP3601151 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 497029 2 of 4 2022-06-13 13:42 Credit Flood Certificate Missing Missing Flood Certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-06-21 13:42 Resolved 4 1 4 1
BPP3601151 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 497042 3 of 4 2022-06-13 13:48 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary. Final Term Sheet uploaded. Documentation provided was sufficient. 2022-06-13 13:48 Resolved 2 1 4 1
BPP3601151 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 497050 4 of 4 2022-06-13 13:53 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
BPP3601152 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 496235 1 of 5 2022-06-10 20:11 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-06-13 13:33 Cleared 1 1 4 2
BPP3601152 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 497186 2 of 5 2022-06-13 14:42 Credit Flood Certificate Missing Missing Flood Certificate. Flood Cert uploaded. Documentation provided was sufficient. 2022-06-21 16:04 Resolved 4 1 4 2
BPP3601152 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 497205 3 of 5 2022-06-13 14:48 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary. Final Term Sheet uploaded. Documentation provided was sufficient. 2022-06-13 14:48 Resolved 2 1 4 2
BPP3601152 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 497235 4 of 5 2022-06-13 14:56 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA uploaded. Documentation provided was sufficient. 2022-07-12 14:56 Resolved 3 1 4 2
BPP3601152 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 501933 5 of 5 2022-06-15 16:32 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Per guidelines, maximum cash back at closing is $XXXX and must be used for business purposes. The borrower received cash back of $XXXX which exceeds guideline maximum. Compensating Factors reviewed. Qualifying FICO of 743, verified 142 months reserves and LTV of 44%. 2022-10-26 16:32 Waived 3 2 4 2
ATL50353 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 546487 1 of 3 2022-07-14 13:49 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-07-14 16:15 Cleared 1 1 3 1
ATL50353 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 551169 2 of 3 2022-07-15 18:20 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
ATL50353 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 551178 3 of 3 2022-07-15 18:23 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-07-15 18:23 Cleared 1 1 3 1
ATL50345 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 546691 1 of 3 2022-07-14 14:37 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-07-14 15:43 Cleared 1 1 3 1
ATL50345 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 551994 2 of 3 2022-07-15 20:37 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
ATL50345 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 552001 3 of 3 2022-07-15 20:38 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-07-15 20:38 Cleared 1 1 3 1
ATL50331 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 549455 1 of 3 2022-07-15 12:40 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-07-15 12:40 Cleared 1 1 3 1
ATL50331 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 551600 2 of 3 2022-07-15 19:27 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. As per guidelines, borrower must provide proof of 2 years property management history on self-managed investment property, or verification of third party property management firm is needed. File does not provide confirmation of borrower intent nor previous landlord experience and/or investment ownership. Documents uploaded. Documentation provided was sufficient. 2022-07-21 17:10 Resolved 3 1 3 1
ATL50331 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 553165 3 of 3 2022-07-18 12:58 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
BPP3601134 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 542211 1 of 4 2022-07-12 17:08 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-07-12 20:53 Cleared 1 1 3 1
BPP3601134 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 545713 2 of 4 2022-07-13 21:59 Credit Title Coverage is Less than Subject Lien(s) Total The amount of title insurance verified in the loan file is not sufficient to cover the loan amount. The amount covered is missing from the Title Commitment. Title Commitment uploaded. Documentation provided was sufficient. 2022-07-22 22:09 Resolved 3 1 3 1
BPP3601134 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 545744 3 of 4 2022-07-13 22:14 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Loan Approval and Terms uploaded. Documentation provided was sufficient. 2022-07-22 16:59 Resolved 2 1 3 1
BPP3601134 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 545780 4 of 4 2022-07-13 22:34 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA uploaded. Documentation provided was sufficient. 2022-07-13 22:34 Resolved 3 1 3 1
BPP3601159 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 543977 1 of 3 2022-07-13 15:16 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-07-13 15:16 Cleared 1 1 3 1
BPP3601159 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 552321 2 of 3 2022-07-15 21:55 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Loan Approval and Terms uploaded. Documentation provided was sufficient. 2022-07-22 21:55 Resolved 2 1 3 1
BPP3601159 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 552328 3 of 3 2022-07-15 21:57 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA uploaded. Documentation provided was sufficient. 2022-07-22 21:57 Resolved 3 1 3 1
BPP3601271 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 545809 1 of 3 2022-07-13 23:14 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Loan Approval and Terms uploaded. Documentation provided was sufficient. 2022-07-22 23:14 Resolved 2 1 3 1
BPP3601271 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 545810 2 of 3 2022-07-13 23:18 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA uploaded. Documentation provided was sufficient. 2022-07-25 23:18 Resolved 3 1 3 1
BPP3601271 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 554514 3 of 3 2022-07-18 17:19 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-07-20 18:26 Cleared 1 1 3 1
BPP3601313 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 542468 1 of 4 2022-07-12 17:53 Compliance The Deed of Trust is Not Executed The Deed of Trust is not executed Document uploaded. Documentation provided was sufficient. 2022-07-21 14:12 Resolved 3 1 3 1
BPP3601313 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 549805 2 of 4 2022-07-15 13:58 Compliance The Note is Not Executed The Note is Not Executed Document uploaded. Documentation provided was sufficient. 2022-07-21 19:46 Resolved 3 1 3 1
BPP3601313 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 550332 3 of 4 2022-07-15 15:31 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Loan Approval and Terms uploaded. Documentation provided was sufficient. 2022-07-22 16:03 Resolved 2 1 3 1
BPP3601313 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 550408 4 of 4 2022-07-15 15:51 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA uploaded. Documentation provided was sufficient. 2022-07-22 15:51 Resolved 3 1 3 1
BPP3601366 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 543577 1 of 6 2022-07-13 12:50 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-07-14 12:29 Cleared 1 1 4 1
BPP3601366 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 551995 2 of 6 2022-07-15 20:37 Credit Flood Certificate Missing Missing Flood Certificate Flood Cert uploaded. Documentation provided was sufficient. 2022-07-21 13:39 Resolved 4 1 4 1
BPP3601366 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 551996 3 of 6 2022-07-15 20:37 Credit HO6 Master Insurance Policy is Missing Missing HO-6 Master Insurance Policy Master HOI Policy uploaded. Documentation provided was sufficient. 2022-07-25 17:57 Resolved 3 1 4 1
BPP3601366 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 552063 4 of 6 2022-07-15 20:49 Credit Title Document Missing Title document is missing Title Documentation uploaded. Documentation provided was sufficient. 2022-07-21 13:41 Resolved 3 1 4 1
BPP3601366 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 552079 5 of 6 2022-07-15 20:51 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Loan Approval and Terms uploaded. Documentation provided was sufficient. 2022-07-22 13:43 Resolved 2 1 4 1
BPP3601366 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 552147 6 of 6 2022-07-15 21:05 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA uploaded. Documentation provided was sufficient. 2022-07-22 21:05 Resolved 3 1 4 1
BPP3601477 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 543065 1 of 3 2022-07-12 20:23 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-07-14 13:37 Cleared 1 1 2 1
BPP3601477 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 551405 2 of 3 2022-07-15 19:00 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Loan Approval and Terms uploaded. Documentation provided was sufficient. 2022-07-22 19:04 Resolved 2 1 2 1
BPP3601477 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 551447 3 of 3 2022-07-15 19:08 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-07-15 19:08 Cleared 1 1 2 1
BPP3601489 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 541136 1 of 6 2022-07-12 13:35 Credit Third Party Fraud Report not Provided Missing third party fraud report Fraud Report uploaded. Documentation provided was sufficient. 2022-07-22 17:51 Resolved 3 1 3 1
BPP3601489 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 542595 2 of 6 2022-07-12 18:18 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-07-14 12:39 Cleared 1 1 3 1
BPP3601489 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 550992 3 of 6 2022-07-15 17:47 Credit Title Coverage is Less than Subject Lien(s) Total The amount of title insurance verified in the loan file is not sufficient to cover the loan amount. The amount covered is missing from the Title Commitment. Title Commitment uploaded. Documentation provided was sufficient. 2022-07-22 22:12 Resolved 3 1 3 1
BPP3601489 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 551228 4 of 6 2022-07-15 18:28 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Loan Approval and Terms uploaded. Documentation provided was sufficient. 2022-07-22 13:49 Resolved 2 1 3 1
BPP3601489 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 551362 5 of 6 2022-07-15 18:57 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-07-15 18:59 Cleared 1 1 3 1
BPP3601489 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 553376 6 of 6 2022-07-18 13:47 Credit Asset 2 Less Than 2 Months Verified Asset 2 Less Than 2 Months Verified. An additional month bank statement is needed for the account ending in XXXX.   Exception has been voided. 2022-07-22 15:56 Void 1 1 3 1
BPP3601519 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 543745 1 of 5 2022-07-13 14:05 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-07-14 13:14 Cleared 1 1 4 2
BPP3601519 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 550228 2 of 5 2022-07-15 15:15 Credit Flood Certificate Missing Missing Flood Certificate Flood Cert uploaded. Documentation provided was sufficient. 2022-07-21 16:14 Resolved 4 1 4 2
BPP3601519 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 550377 3 of 5 2022-07-15 15:45 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Loan Approval and Terms uploaded. Documentation provided was sufficient. 2022-07-22 16:33 Resolved 2 1 4 2
BPP3601519 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 550452 4 of 5 2022-07-15 16:06 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-07-18 15:13 Cleared 1 1 4 2
BPP3601519 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 553858 5 of 5 2022-07-18 15:12 Credit Asset 1 Does Not Meet Guideline Requirements Asset Record 1 Does Not Meet G/L Requirements Per guidelines, in order to use business funds the borrower must be 100% owner of the business and only 50% of the funds can be used. Per the operating agreement, there are 2 owners of the business. Compensating Factors reviewed. Verified 106 months in reserves and DSCR of 1.45. 2022-10-26 18:22 Waived 3 2 4 2
BPP3601054 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 580406 1 of 3 2022-08-02 18:45 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1
BPP3601054 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 580466 2 of 3 2022-08-02 19:06 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-08-03 18:01 Cleared 1 1 3 1
BPP3601054 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 582522 3 of 3 2022-08-03 17:48 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-08-03 17:48 Cleared 1 1 3 1
BPP3601471 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 582744 1 of 3 2022-08-03 18:51 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-08-03 20:51 Cleared 1 1 1 1
BPP3601471 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 584268 2 of 3 2022-08-04 16:33 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-08-04 16:33 Cleared 1 1 1 1
BPP3601471 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 584269 3 of 3 2022-08-04 16:33 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-08-04 16:33 Cleared 1 1 1 1
BPP3601359 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 582143 1 of 3 2022-08-03 15:23 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-08-03 20:49 Cleared 1 1 2 1
BPP3601359 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 584227 2 of 3 2022-08-04 16:10 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-08-04 17:10 Cleared 1 1 2 1
BPP3601359 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 585214 3 of 3 2022-08-04 21:49 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Loan Approval uploaded. Documentation provided was sufficient. 2022-08-15 21:49 Resolved 2 1 2 1
BPP3601474 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 582206 1 of 3 2022-08-03 15:55 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-08-03 20:11 Cleared 1 1 2 1
BPP3601474 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 584519 2 of 3 2022-08-04 17:50 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-08-04 17:50 Cleared 1 1 2 1
BPP3601474 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 585323 3 of 3 2022-08-05 00:31 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Loan Approval uploaded. Documentation provided was sufficient. 2022-08-15 00:31 Resolved 2 1 2 1
BPP3601306 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 582495 1 of 3 2022-08-03 17:44 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-08-03 19:00 Cleared 1 1 2 1
BPP3601306 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 585044 2 of 3 2022-08-04 20:28 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-08-04 20:28 Cleared 1 1 2 1
BPP3601306 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 585212 3 of 3 2022-08-04 21:48 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Loan Approval uploaded. Documentation provided was sufficient. 2022-08-15 21:48 Resolved 2 1 2 1
BPP3601372 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 584885 1 of 3 2022-08-04 19:38 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Loan Approval uploaded. Documentation provided was sufficient. 2022-08-15 00:55 Resolved 2 1 2 1
BPP3601372 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 584910 2 of 3 2022-08-04 19:42 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-08-04 19:42 Cleared 1 1 2 1
BPP3601372 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 584950 3 of 3 2022-08-04 19:48 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-08-05 20:18 Cleared 1 1 2 1
BPP3601219 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 582079 1 of 3 2022-08-03 14:56 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-08-03 17:59 Cleared 1 1 2 1
BPP3601219 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 583214 2 of 3 2022-08-03 22:35 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Loan Approval uploaded. Documentation provided was sufficient. 2022-08-15 22:35 Resolved 2 1 2 1
BPP3601219 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 583220 3 of 3 2022-08-03 22:39 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-08-03 22:39 Cleared 1 1 2 1
BPP3601222 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 583107 1 of 3 2022-08-03 21:07 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-08-03 21:07 Cleared 1 1 1 1
BPP3601222 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 584197 2 of 3 2022-08-04 15:54 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-08-04 15:54 Cleared 1 1 1 1
BPP3601222 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 584199 3 of 3 2022-08-04 15:55 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-08-04 15:55 Cleared 1 1 1 1
BPP3601575   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 584708 1 of 3 2022-08-04 18:43 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied.         2022-08-04 18:43 Cleared 1 1 3 1
BPP3601575   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 586302 2 of 3 2022-08-05 15:34 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations.         2022-08-05 15:35 Cleared 1 1 3 1
BPP3601575   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 590805 3 of 3 2022-08-08 22:54 Credit Title - Insufficient Insurance Coverage The amount of title insurance verified in the loan file is not sufficient to cover the loan amount. Title coverage amount of $XXXX is less than total amount of subject lien of $XXXX.   Title Commitment uploaded. Documentation provided was sufficient.   2022-08-16 22:54 Resolved 3 1 3 1
BPP3601540 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 584256 1 of 3 2022-08-04 16:21 Credit No Credit Findings The loan meets all applicable credit guidelines. 2022-08-05 20:53 Cleared 1 1 1 1
BPP3601540 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 584258 2 of 3 2022-08-04 16:22 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-08-04 16:22 Cleared 1 1 1 1
BPP3601540 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 586282 3 of 3 2022-08-05 15:28 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-08-05 15:28 Cleared 1 1 1 1
BPP3600896   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 598245 1 of 3 2022-08-11 19:30 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations.         2022-08-11 19:30 Cleared 1 1 2 1
BPP3600896   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 600115 2 of 3 2022-08-12 16:27 Credit Approval/Underwriting Summary Not Provided Missing loan approval/underwriting summary   Loan Approval uploaded. Documentation provided was sufficient.   2022-08-18 16:27 Resolved 2 1 2 1
BPP3600896   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 600116 3 of 3 2022-08-12 16:27 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied.         2022-08-12 16:27 Cleared 1 1 2 1
BPP3600945   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 597075 1 of 4 2022-08-11 14:54 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations.         2022-08-11 15:38 Cleared 1 1 3 1
BPP3600945   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 599957 2 of 4 2022-08-12 15:40 Credit No Credit Findings The loan meets all applicable credit guidelines.         2022-08-12 15:40 Cleared 1 1 3 1
BPP3600945   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 599960 3 of 4 2022-08-12 15:41 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied.         2022-08-12 15:41 Cleared 1 1 3 1
BPP3600945   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 603927 4 of 4 2022-08-15 23:08 Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Documented owner of titled Entity is a 3rd party, listed as sole member of LLC per IRS EIN documentation. 3rd party is not on application or credit qualification but is signatory on Note. Borrower/guarantor on loan is not a documented owner of entity. Articles of Incorporation list borrower as capital contributor only.     Documentation uploaded. Documentation provided was sufficient.   2022-08-25 23:14 Resolved 3 1 3 1
BPP3601588   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 597413 1 of 3 2022-08-11 16:35 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations.         2022-08-11 19:46 Cleared 1 1 1 1
BPP3601588   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 600213 2 of 3 2022-08-12 17:04 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied.         2022-08-12 17:04 Cleared 1 1 1 1
BPP3601588   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 600983 3 of 3 2022-08-12 22:50 Credit No Credit Findings The loan meets all applicable credit guidelines.         2022-08-12 22:50 Cleared 1 1 1 1
BPP3601598   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 598375 1 of 3 2022-08-11 19:54 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations.         2022-08-11 19:54 Cleared 1 1 1 1
BPP3601598   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 600153 2 of 3 2022-08-12 16:41 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied.         2022-08-12 16:41 Cleared 1 1 1 1
BPP3601598   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 600171 3 of 3 2022-08-12 16:48 Credit No Credit Findings The loan meets all applicable credit guidelines.         2022-08-12 16:48 Cleared 1 1 1 1
BPP3601227   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 597571 1 of 4 2022-08-11 17:12 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations.         2022-08-11 18:17 Cleared 1 1 3 2
BPP3601227   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 599912 2 of 4 2022-08-12 15:26 Credit Asset Qualification Does Not Meet Guideline Requirements Asset Qualification Does Not Meet Guideline Requirements Per the guidelines only 50% of assets in the borrowers business account may be used towards down payment, closing costs and reserves.  Without 100% of the business funds the assets are short allowable funds for required reserves and closing costs.       Compensating Factors reviewed. Qualifying FICO of 753 and LTV of 50%. 2022-10-26 15:30 Waived 3 2 3 2
BPP3601227   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 599917 3 of 4 2022-08-12 15:28 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements.   CDA uploaded. Documentation provided was sufficient.   2022-08-18 15:28 Resolved 3 1 3 2
BPP3601227   XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 600184 4 of 4 2022-08-12 16:54 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary No Lender approval or 1008 provided in file.     Loan Approval uploaded. Documentation provided was sufficient.   2022-08-18 22:24 Resolved 2 1 3 2
BPP3601385   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 598258 1 of 3 2022-08-11 19:30 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations.         2022-08-11 19:30 Cleared 1 1 1 1
BPP3601385   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 599506 2 of 3 2022-08-12 13:39 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied.         2022-08-12 13:39 Cleared 1 1 1 1
BPP3601385   XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 599521 3 of 3 2022-08-12 13:44 Credit No Credit Findings The loan meets all applicable credit guidelines.         2022-08-12 13:44 Cleared 1 1 1 1
2502054 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 579639 1 of 3 2022-08-02 13:58 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-08-02 14:40 Cleared 1 1 4 1
2502054 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 580008 2 of 3 2022-08-02 16:36 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
2502054 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 580101 3 of 3 2022-08-02 17:16 Credit Flood Certificate Missing Missing Flood Certificate Flood Cert uploaded. Documentation provided was sufficient. 2022-11-08 14:25 Resolved 4 1 4 1
220487 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 579965 1 of 5 2022-08-02 16:18 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-08-02 16:18 Cleared 1 1 4 1
220487 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 580233 2 of 5 2022-08-02 17:57 Credit Flood Certificate Missing Missing Flood Certificate Flood Cert uploaded. Documentation provided was sufficient. 2022-11-08 17:57 Resolved 4 1 4 1
220487 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 580284 3 of 5 2022-08-02 18:10 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Explanation provided. Explanation provided was sufficient. 2022-11-09 19:32 Resolved 2 1 4 1
220487 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 580323 4 of 5 2022-08-02 18:24 Credit Assets - Insufficient Cash to Close The loan file does not contain all required asset documentation. Total verified assets are not sufficient to cover total required assets. Cash to close required is $XXXX, funds verified are $XXXX. Short funds to close of $XXXX, no wire found. Also short reserves $XXXX, making the total $XXXX for funds that are needed to be verified.   Asset documentation uploaded. Documentation provided was sufficient. 2022-11-09 17:49 Resolved 3 1 4 1
220487 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 580329 5 of 5 2022-08-02 18:25 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
KPRE-0069 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 579917 1 of 3 2022-08-02 15:59 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-08-02 16:45 Cleared 1 1 4 1
KPRE-0069 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 580421 2 of 3 2022-08-02 18:48 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
KPRE-0069 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 580434 3 of 3 2022-08-02 18:55 Credit Flood Certificate Missing Missing Flood Certificate Flood Cert uploaded. Documentation provided was sufficient. 2022-11-08 22:27 Resolved 4 1 4 1
WD0920 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 579786 1 of 3 2022-08-02 15:01 Compliance Other Rider is Missing Missing Entity Borrower Rider and Vacant Property Rider.    Document uploaded. Documentation provided was sufficient. 2022-10-31 14:15 Resolved 3 1 4 1
WD0920 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 583221 2 of 3 2022-08-03 22:40 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 4 1
WD0920 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 583729 3 of 3 2022-08-04 12:28 Credit Borrower 1 Credit Report is Missing Borrower 1 Credit Report is Missing. Credit Report uploaded. Documentation provided was sufficient. 2022-10-31 12:28 Resolved 4 1 4 1
121777 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 583922 1 of 3 2022-08-04 14:00 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-08-04 14:00 Cleared 1 1 3 1
121777 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 584981 2 of 3 2022-08-04 20:00 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-08-04 20:00 Cleared 1 1 3 1
121777 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 590646 3 of 3 2022-08-08 21:29 Credit Title - Insufficient Insurance Coverage The amount of title insurance verified in the loan file is not sufficient to cover the loan amount. Title coverage amount of $XXXX is less than total amount of subject lien of $XXXX. Title Commitment uploaded. Documentation provided was sufficient. 2022-10-26 21:29 Resolved 3 1 3 1
121816 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 583857 1 of 5 2022-08-04 13:20 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-08-04 18:25 Cleared 1 1 4 1
121816 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 584953 2 of 5 2022-08-04 19:50 Credit Title Document Missing Title document is missing Commitment provided in file appears to be from previous transaction and contains edits and redactions. Title Commitment uploaded. Documentation provided was sufficient. 2022-10-26 21:36 Resolved 3 1 4 1
121816 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 585008 3 of 5 2022-08-04 20:13 Credit Hazard Insurance Policy is Missing Missing Hazard Insurance policy. HOI Policy uploaded. Documentation provided was sufficient. 2022-10-26 20:13 Resolved 3 1 4 1
121816 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 585812 4 of 5 2022-08-05 13:07 Valuation Appraisal is Missing The loan file does not contain the appraisal. Unable to determine estimated market rents, please also provide 1007. Origination Appraisal uploaded. Documentation provided was sufficient. 2022-09-02 14:34 Resolved 4 1 4 1
121816 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 586085 5 of 5 2022-08-05 14:35 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-10-31 14:35 Resolved 3 1 4 1
122828 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 584405 1 of 3 2022-08-04 17:22 Credit Hazard Insurance Policy is Missing Missing Hazard Insurance policy. HOI Policy uploaded. Documentation provided was sufficient. 2022-10-26 17:31 Resolved 3 1 3 1
122828 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 585933 2 of 3 2022-08-05 13:51 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-08-05 13:51 Cleared 1 1 3 1
122828 XX-XX-XXXX XXXX XXXX XX Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 598408 3 of 3 2022-08-11 20:00 Valuation Value - Value is supported within 10% of original appraisal amount The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. 2022-08-11 20:00 Cleared 1 1 3 1
FF14 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 579863 1 of 4 2022-08-02 15:32 Compliance No Compliance Findings The loan is in compliance with all applicable laws and regulations. 2022-08-02 17:05 Cleared 1 1 3 1
FF14 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 580476 2 of 4 2022-08-02 19:10 Credit Approval/Underwriting Summary Not Provided Missing Approval/Underwriting Summary Underwriting Summary uploaded. Documentation provided was sufficient. 2022-10-13 19:10 Resolved 2 1 3 1
FF14 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 580555 3 of 4 2022-08-02 19:26 Credit Purchase Contract - Missing The loan file did not contain the Purchase Contract as required. Purchase Contract uploaded. Documentation provided was sufficient. 2022-10-13 16:46 Resolved 3 1 3 1
FF14 XX-XX-XXXX XXXX XXXX XX Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 580566 4 of 4 2022-08-02 19:30 Valuation Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product to satisfy secondary valuation requirements. CDA obtained which supported value. 2022-09-07 19:03 Resolved 3 1 3 1