Saluda Grade Mortgage Funding LLC ABS-15G

Exhibit 99.2 Schedule 3

 

Exception Grades

Run Date - 12/6/2022 12:14:32 PM                                                                                          

SitusAMC Loan ID Customer Loan ID Seller Loan ID Investor Loan Number Loan Exception ID Exception ID Exception Date Exception Type Exception Category Exception Subcategory 15E Category Exception Exception Detail Exception Information Compensating Factors Compensating Factor Information Applying Party Follow-up Comments Cleared Date Cured Date Waived Date Exception Level Grade DBRS Initial Exception Rating DBRS Final Exception Rating Fitch Initial Exception Rating Fitch Final Exception Rating Kroll Initial Exception Rating Kroll Final Exception Rating Moody's Initial Exception Rating Moody's Final Exception Rating S&P Initial Exception Rating S&P Final Exception Rating Note Date Property State Occupancy Purpose Exception Remediation Overall
Initial Loan Grade		 Overall
Final Loan Grade		 Credit
Initial Loan Grade		 Credit
Final Loan Grade		 Compliance
Initial Loan Grade		 Compliance
Final Loan Grade		 Property
Initial Loan Grade		 Property
Final Loan Grade		 Originator QM ATR Status TPR QM ATR Status Is Curable
218940019 [redacted] [redacted]   26980496     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940019 [redacted] [redacted]   26980497     Credit Credit Miscellaneous Guideline Credit Exception:   Paid receipt for remaining insurance premium not located in the loan file.       Reviewer Comment (2022-04-05): ins premium shown as paid on closing statement


Buyer Comment (2022-04-04): [redacted] listed [redacted] paid by [redacted]


Buyer Comment (2022-04-04): Please see the collection of insurance premium for escrow on closing statement.		 04/05/2022     1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940020 [redacted] [redacted]   26980499     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]   Secondary valuation not provided.       Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940021 [redacted] [redacted]   26980503     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-01-06): [redacted] batch uploaded by deal set-up team 01/06/2022     1 D A D A D A D A D A   CT Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940022 [redacted] [redacted]   26980500     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Certificate of Good Standing dated within [redacted] of the note was not found in the file.       Reviewer Comment (2022-01-10): Certificate of Good Standing dated within [redacted] is provided [redacted] , Hence cleared the exception.


Buyer Comment (2022-01-07): Please see attached


Buyer Comment (2022-01-07): Reached out.		 01/10/2022     1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940022 [redacted] [redacted]   26980502     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-01-06): [redacted] batch uploaded by deal set-up team 01/06/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940023 [redacted] [redacted]   26980508     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940024 [redacted] [redacted]   26980515     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   AL Investment Purchase   D A A A     D A   N/A No
218940025 [redacted] [redacted]   26980506     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940026 [redacted] [redacted]   26980526     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-27): [redacted] with [redacted] variance received 04/27/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940027 [redacted] [redacted]   26980510     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   IN Investment Purchase   D B B B     D A   N/A No
218940027 [redacted] [redacted]   26980511     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. Exception granted for loan amount of [redacted] and value of [redacted] . Guidelines require a min loan amount of [redacted] and a min value of [redacted] . Comp factors include Fico [redacted] and DSCR over [redacted] , [redacted] added to the rate. Borrowers made a [redacted] payment from their own funds on this purchase transaction of at least [redacted] and [redacted].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted].

The representative FICO score exceeds the guideline minimum by at least [redacted]		 FICO [redacted] SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-03-18): Exception granted for loan amount of [redacted] and value of [redacted] . Guidelines require a min loan amount of [redacted] and a min value of [redacted] . Comp factors include Fico [redacted] and DSCR over [redacted] , [redacted] added to the rate.     03/18/2022 2 B B B B B B B B B B   IN Investment Purchase   D B B B     D A   N/A No
218940028 [redacted] [redacted]   26980523     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   VA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940029 [redacted] [redacted]   26980517     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-26): CDA was batch uploaded by deal set up team 04/26/2022     1 D A D A D A D A D A   MS Investment Refinance - Cash-out - Other   D C A A     D C   N/A No
218940029 [redacted] [redacted]   26980518     Property Property - Appraisal General Appraisal Requirements Property - Appraisal Valuation Error: Desk review value not provided. - CDA received was not able to determine a value, and deemed indeterminante. Will need a different secondary valuation product, that supports the original appraised value.       Reviewer Comment (2022-05-10): [redacted] received


Buyer Comment (2022-05-09): Please see attached.		 05/10/2022     1   A   A   A   A   A   MS Investment Refinance - Cash-out - Other   D C A A     D C   N/A No
218940029 [redacted] [redacted]   26980519     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized. Highest level secondary valuation does not support the value used to qualify.; Sec ID: 7 Note Date: ___; Lien Position: ___ CDA returned indeterminante value, and a Eval.com market value opinion returned a value of $[Redacted]. This is more than 14% less than the appraised value.               3   C   C   C   C   C   MS Investment Refinance - Cash-out - Other   D C A A     D C   N/A No
218940030 [redacted] [redacted]   26980528     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): CDA was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   NC Investment Purchase   D A A A     D A   N/A No
218940031 [redacted] [redacted]   26980513     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   FL Investment Purchase   D A A A     D A   N/A No
218940032 [redacted] [redacted]   26980521     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   CT Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940033 [redacted] [redacted]   26980529     Credit Credit Miscellaneous Guideline Credit Exception:   Lender Exception granted for [redacted] on a mortgage in the last [redacted] with large tax adjustments reported on the background report. Guidelines state that the loan is ineligible if there is any mortgage with a [redacted] day or greater late payment in the last [redacted] months and a past instance of significant credit regardless of age. Comp Factors include significant [redacted] across [redacted] business accounts that would support this loan and other debt. [redacted] payment will also be [redacted]by the lender, but as an exception. DSCR is [redacted] and max [redacted] LTV. Borrowers made a [redacted] payment from their own funds on this [redacted] transaction of at least [redacted] and [redacted].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted].		 Reserves exceed guideline requirement of [redacted] by > [redacted]. SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-03-18): Lender Exception granted for [redacted] on a mortgage in the last [redacted] with large [redacted] adjustments reported on the background report. Guidelines state that the loan is [redacted] if there is any mortgage with a [redacted] day or greater [redacted] payment in the last[redacted] months and a past instance of significant [redacted] regardless of age. Comp Factors include significant [redacted] across [redacted] [redacted] accounts that would support this loan and other [redacted] . [redacted] payment will also be reversed by the lender, but as an exception. DSCR is [redacted] and max [redacted] LTV.     03/18/2022 2 B B B B B B B B B B   OH Investment Purchase   D B B B     D A   N/A No
218940033 [redacted] [redacted]   26980531     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. Secondary valuation is missing.;[redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   OH Investment Purchase   D B B B     D A   N/A No
218940034 [redacted] [redacted]   26980533     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]   Secondary valuation not provided.       Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940034 [redacted] [redacted]   26980534     Credit Guideline Guideline Issue Guideline Leasehold properties are ineligible.   Title commitment in file reflects property is a leasehold.       Reviewer Comment (2022-05-16): ground rent was redeemed at closing, per final CD


Buyer Comment (2022-05-13): Ground rent was redeemed at closing...Please review final settlement statement. Final title policy that will show fee simple will be a trailing document. Please cancel exception.


Buyer Comment (2022-03-28): Pending receipt of final title policy to show fee simple.		 05/16/2022     1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940035 [redacted] [redacted]   26980536     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940036 [redacted] [redacted]   26980538     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940037 [redacted] [redacted]   26980540     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940038 [redacted] [redacted]   26980544     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   MI Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940038 [redacted] [redacted]   26980545     Credit Insurance Insurance Documentation Insurance Rent loss insurance is required on all properties and there is no evidence of this insurance in the file.           Reviewer Comment (2022-04-18): insurance policy with lender business partner, and deemed acceptable


Buyer Comment (2022-04-18): Insurance is with [redacted] and deemed sufficient in meeting all our insurance requirements.		 04/18/2022     1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940039 [redacted] [redacted]   26980542     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-05-10): [redacted] received 05/10/2022     1 D A D A D A D A D A   MO Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940040 [redacted] [redacted]   26980547     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redated] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940041 [redacted] [redacted]   26980549     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   VA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940042 [redacted] [redacted]   26980551     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-26): [redacted] was batch uploaded by deal set up team 04/26/2022     1 D A D A D A D A D A   MS Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940043 [redacted] [redacted]   26980553     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940044 [redacted] [redacted]   26980557     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   OH Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940045 [redacted] [redacted]   26980563     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   VA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940046 [redacted] [redacted]   26980555     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940047 [redacted] [redacted]   26980559     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940048 [redacted] [redacted]   26980565     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [readacted]. [readacted]valuation is missing.; Sec [readacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   PA Investment Purchase   D B C B     D A   N/A No
218940048 [redacted] [redacted]   26980566     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA [readacted] discrepancy.   The [redacted] [redacted]acct, owned by [redacted] is[redacted] owned by the [redacted] , and [redacted] ownership by the [readacted] is required to utilize these [readacted].       Reviewer Comment (2022-04-11): Funds from [redacted] used, exception granted


Buyer Comment (2022-04-11): Exception granted at [redacted] by [redacted] to use the account since [redacted] is [redacted] [redacted] of the company. [redacted]'s qualifying [redacted] score of [redacted] and DSCR of [redacted] Experienced [redacted] with [redacted] established [redacted] properties.		 04/11/2022     1 C A C A C A C A C A   PA Investment Purchase   D B C B     D A   N/A No
218940048 [redacted] [redacted]   26980567     Credit Asset Asset Calculation / Analysis Asset Available for Closing is [readacted] to cover[readacted]From Borrower.   The [redacted] [redacted] acct, owned by[redacted] is [redacted] owned by the[readacted] and [redacted] ownership by the [readacted] is required to utilize these [readacted]       Reviewer Comment (2022-04-11): Funds from [redacted] used, exception granted


Buyer Comment (2022-04-11): Please cancel as exception was granted at [redacted].		 04/11/2022     1 C A C A C A C A C A   PA Investment Purchase   D B C B     D A   N/A No
218940048 [redacted] [redacted]   26980568     Credit Credit Miscellaneous Guideline Credit Exception:   Exception granted to use [redacted] owned by the [redacted] that he is [redacted] owner of. Guidelines require [redacted] ownership to use funds [redacted]. Compensating factors include: FICO [redacted], DSCR [redacted] and experienced [redacted] with [redacted] established [redacted] properties. Borrower's [redacted]reserves have been verified and [redacted] the amount required based on the guidelines by at least [redacted].

The [redacted] DSCR on the loan is greater than the guideline minimum.		 The DSCR of [redacted] SitusAMC

Originator		 Reviewer Comment (2022-04-11): Exception granted to use [redacted] owned by the [redacted] that he is [redacted] [redacted] of. Guidelines require [redacted] ownership to use funds [redacted] . Compensating factors include: FICO [redacted], DSCR [redacted] and experienced [redacted] with [redacted] established [redacted] properties.     04/11/2022 2   B   B   B   B   B   PA Investment Purchase   D B C B     D A   N/A No
218940049 [redacted] [redacted]   26980570     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-26): [redacted] was batch uploaded by deal set up team 04/26/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940050 [redacted] [redacted]   26980561     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940051 [redacted] [redacted]   26980572     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   WI Investment Purchase   D A A A     D A   N/A No
218940052 [redacted] [redacted]   26980573     Credit Insurance Insurance Documentation Insurance Rent loss insurance is required on all properties and there is no evidence of this insurance in the file.           Reviewer Comment (2022-04-18): rent loss coverage listed under business content


Buyer Comment (2022-04-18): Please cancel. Business Content {redacted] is listed....that is the business loss of use coverage.		 04/18/2022     1 C A C A C A C A C A   PA Investment Purchase   D A C A     D A   N/A No
218940052 [redacted] [redacted]   26980575     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   PA Investment Purchase   D A C A     D A   N/A No
218940053 [redacted] [redacted]   26980577     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   GA Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940054 [redacted] [redacted]   26980585     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): CDA was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940054 [redacted] [redacted]   26980586     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   No Certificate of Good Standing within 30 days.       Reviewer Comment (2022-04-15): COGS received, [Redacted]


Buyer Comment (2022-04-15): Please see attached.		 04/15/2022     1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940055 [redacted] [redacted]   26980579     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   OK Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940055 [redacted] [redacted]   26980580     Credit Credit Miscellaneous Guideline Credit Exception:   Please provide OFAC dated within 30 days of closing. OFAC in file is not dated within 30 days of closing.       Reviewer Comment (2022-04-13): OFAC is provided Doc ID: [Redacted], Hence Cleared the Exception.


Buyer Comment (2022-04-12): please see attached.


Buyer Comment (2022-04-11): Reached out.		 04/13/2022     1 C A C A C A C A C A   OK Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940055 [redacted] [redacted]   26980581     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Please provide the Certificate of Good Standing ("COGS") dated within 30 days of closing. Please provide for both WY and OK. COGS in file is not dated within 30 days of closing.       Reviewer Comment (2022-04-13): Condition cleared. Certificate of Good Standing provided Doc ID: [redacted], Hence cleared the Exception.


Buyer Comment (2022-04-12): Please see attached.


Buyer Comment (2022-04-11): Reached out.		 04/13/2022     1 C A C A C A C A C A   OK Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940056 [redacted] [redacted]   26980583     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940057 [redacted] [redacted]   26980588     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   OR Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940058 [redacted] [redacted]   26980590     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec [redacted].           Reviewer Comment (2022-04-21): [redacted]. was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940058 [redacted] [redacted]   26980591     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: [redacted]Loan [redacted] discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. Exception granted for[redacted] property value [redacted]. and loan amount [redacted].. Comp Factors: [redacted]. FICO & [redacted]. DSCR. The [redacted] is [redacted] than the guideline requirement by [redacted].

Borrower's monthly [redacted]have been verified and [redacted] the amount required based on the guidelines by at least [redacted].

The representative FICO score [redacted] the guideline minimum by at least [redacted].		 Exception granted for minimum property value < $[redcted] and loan amount < $[redacted]. Comp Factors: [redacted] FICO & >[redacted] DSCR. SitusAMC

SitusAMC

SitusAMC,Aggregator		 Reviewer Comment (2022-03-23): [redacted] granted guideline exception, with comp factors,[redacted].     03/23/2022 2 B B B B B B B B B B   NC Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940059 [redacted] [redacted]   26980600     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940060 [redacted] [redacted]   26980593     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-26): CDA was batch uploaded by deal set up team 04/26/2022     1 D A D A D A D A D A   IN Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940060 [redacted] [redacted]   26980594     Credit Loan Package Documentation Closing / Title Loan Package Documentation Copy of Title is missing.   The title commitment in file is dated >75 days from the final approval date.       Reviewer Comment (2022-04-15): revised date of [redacted]


Buyer Comment (2022-04-15): Please cancel. Please see the Issued/Revised date indicates [redacted]		 04/15/2022     1 C A C A C A C A C A   IN Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940060 [redacted] [redacted]   26980595     Credit Guideline Guideline Issue Guideline Hazard Insurance Coverage Amount is insufficient per guidelines. Original Loan Amount: ___; Estimated Cost New: ___; Lender Documented Insured Value: ___ The loan file does not confirm that the hazard coverage is at 100% replacement costs (RCE not in file) and does not confirm the policy is [redacted] and/or that extended coverages are included.       Reviewer Comment (2022-04-18): Hazard ins. is acceptable


Buyer Comment (2022-04-18): Please cancel. The insurance states [redaction] of functional building valuation...which is used typically for homes that were built over [redaction] years ago as those exact materials are no longer used in building.		 04/18/2022     1 C A C A C A C A C A   IN Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940061 [redacted] [redacted]   26980597     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940062 [redacted] [redacted]   26980602     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940063 [redacted] [redacted]   26980608     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940064 [redacted] [redacted]   26980604     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): CDA was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   OK Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940064 [redacted] [redacted]   26980605     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   No Certificate of Good Standing dated within [redacted]       Reviewer Comment (2022-04-12): Current business entity listing provided


Buyer Comment (2022-04-12): see attached.


Buyer Comment (2022-04-11): reached out.		 04/12/2022     1 C A C A C A C A C A   OK Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940064 [redacted] [redacted]   26980606     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   Missing OFACs for Guarantor, borrowing business entity and other entity members dated within 30 days of closing.       Reviewer Comment (2022-04-12): Current [redacted] prvided


Buyer Comment (2022-04-12): Please see attached.


Buyer Comment (2022-04-12): see attached


Buyer Comment (2022-04-12): see attached.


Buyer Comment (2022-04-11): Reached out		 04/12/2022     1 C A C A C A C A C A   OK Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940065 [redacted] [redacted]   26980610     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   TX Investment Purchase   D A A A     D A   N/A No
218940066 [redacted] [redacted]   26980612     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940067 [redacted] [redacted]   26980614     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   NJ Investment Purchase   D A A A     D A   N/A No
218940068 [redacted] [redacted]   26980616     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940069 [redacted] [redacted]   26980621     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec [redacted]           Reviewer Comment (2022-05-20): [redacted] within [redacted]of [redacted]value received


Buyer Comment (2022-05-19): [redacted] uploaded.		 05/20/2022     1 D A D A D A D A D A   AK Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940069 [redacted] [redacted]   26980622     Credit Insurance Insurance Documentation Insurance [redacted]Error: Subject [redacted] policy [redacted] is missing from evidence of insurance.   [redacted] only in file. Please provide a copy of the [redacted] page       Reviewer Comment (2022-04-13): [redacted] and [redacted] dates listed on [redacted].


Buyer Comment (2022-04-13): Please review[redacted]


Reviewer Comment (2022-04-13): [redacted] declaration with [redacted] is not provided


Buyer Comment (2022-04-12): Please see attached.		 04/13/2022     1 C A C A C A C A C A   AK Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940069 [redacted] [redacted]   26980623     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA[redacted]discrepancy.           Reviewer Comment (2022-05-04): [redacted] assets now in file


Buyer Comment (2022-05-04): additional [redacted]t from settlement [redacted]...


Buyer Comment (2022-05-04): Please see attached [redacted]t for funds used as [redacted]...this is straight from the [redacted] company


Buyer Comment (2022-04-13): Reached out.		 05/04/2022     1 C A C A C A C A C A   AK Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940069 [redacted] [redacted]   26980624     Credit Credit Miscellaneous Guideline Credit Exception:   [redacted] exception with comp factors in file for the [redacted]to exceed [redacted] of the TIV. Guidelines require for [redacted] to have either Guaranteed Replacement, Extended Replacement or 100% Replacement Cost. The [redacted] FICO score exceeds the guideline minimum by at least [redacted]. Lender exception with comp factors in file for the [redacted] to exceed [redacted] of the TIV. Guidelines require for condos to have either Guaranteed Replacement, Extended Replacement or [redacted]% Replacement Cost. SitusAMC,Aggregator Reviewer Comment (2022-03-25): [redacted] granted guideline exception, with comp factors [redacted]     03/25/2022 2 B B B B B B B B B B   AK Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940069 [redacted] [redacted]   26980625     Credit Insurance Insurance Analysis Insurance Insufficient Coverage:[redacted] amount is [redacted].   Please provide a copy of the[redacted] to include subject [redacted] address. Note: A copy of the [redacted] in file does not include subject [redacted] address.       Reviewer Comment (2022-04-13): [redacted] provided Doc ID: [redacted], short fall cleared. Hence cleared the exception


Buyer Comment (2022-04-12): Please cancel. Policy for [redacted] property uploaded.		 04/13/2022     1 C A C A C A C A C A   AK Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940069 [redacted] [redacted]   26980626     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. Supporting [redacted] was provided.; Sec [redacted] Note Date: ___; Lien Position: ___ [redacted] received       Reviewer Comment (2022-05-20): [redacted] received 05/20/2022     1   A   A   A   A   A   AK Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940070 [redacted] [redacted]   26980628     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-27): [redacted] with [redacted] variance received 04/27/2022     1 D A D A D A D A D A   AR Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940070 [redacted] [redacted]   26980629     Credit Guideline Guideline Issue Guideline Aged document: Primary Valuation is older than [redacted] and exceeds guidelines tolerance.   Hybrid appraisal is dated >[redacted] days from the final approval date. The event that a valuation alternative is utilized and expires then [redacted] will order a new valuation alternative. Credit Manager or UW Team Lead has full discretion to extend the appraisal or valuation alternative date to a maximum of [redacted] days. There is no indication in the file that the credit manager or team lead approved this extension.       Reviewer Comment (2022-04-18): [redacted] shows [redacted] has extended the appraisal date


Buyer Comment (2022-04-18): Please cancel [redacted] Clearly states Acceptable to extend the expiration date of the appraisal to [redacted]....by [redacted]		 04/18/2022     1 C A C A C A C A C A   AR Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940071 [redacted] [redacted]   26980618     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A B A     D A   N/A No
218940071 [redacted] [redacted]   26980619     Credit Title Document Error Title There is no dollar amount noted on the title policy.           Reviewer Comment (2022-04-20): prelim title does indicate sufficient title coverage


Buyer Comment (2022-04-19): Please cancel. The report indicates that the [redacted] requested will have a liability amount of [redacted]..which exceeds our [redacted].		 04/20/2022     1 B A B A B A B A B A   CA Investment Refinance - Cash-out - Other   D A B A     D A   N/A No
218940072 [redacted] [redacted]   26980634     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940073 [redacted] [redacted]   26980631     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): CDA was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940074 [redacted] [redacted]   26980636     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted] . [redacted] valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D B B B     D A   N/A No
218940074 [redacted] [redacted]   26980637     Credit Credit Miscellaneous Guideline Credit Exception:   Exception granted to leave [redacted]. Guidelines state that[redacted] against the [redacted] are not allowed to remain [redacted]. Low LTV, fico[redacted], DSCR >[redacted]. The Loan to Value (LTV) on the loan is [redacted] than the guideline [redacted] by at least [redacted]

Borrower's monthly [redacted] have been verified and [redacted]the amount required based on the guidelines by at least [redacted].

The [redacted] FICO score [redacted] the guideline [redacted] by at least [redacted].		 FICO [redacted] SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-03-25): Exception granted to leave [redacted] open. Guidelines state that [redacted] against the [redacted] are not allowed to remain open. Low LTV, fico [redacted], DSCR >[redacted].     03/25/2022 2 B B B B B B B B B B   IL Investment Refinance - Rate/Term   D B B B     D A   N/A No
218940075 [redacted] [redacted]   26980639     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940076 [redacted] [redacted]   26980641     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940077 [redacted] [redacted]   26980643     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.;[redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
218940077 [redacted] [redacted]   26980644     Credit Insurance Insurance Documentation Insurance [redacted] insurance is required on all properties and there is no evidence of this insurance in the file.           Reviewer Comment (2022-04-18): processor cert,[redacted] confirms the policy is a[redacted]


Buyer Comment (2022-04-18): Policy is a [redacted]...which includes [redacted] of rents.		 04/18/2022     1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
218940077 [redacted] [redacted]   26980645     Credit Credit Miscellaneous Guideline Credit Exception:   Exception granted for recent [redacted] mortgage late within the last [redacted] with a prev [redacted]. Guides state that this is not allowed. [redacted] was almost [redacted] ago and we will hit the borrower with a [redacted] payment reserve. Comp factors: borrower has [redacted] in reserves after this transaction, not including the [redacted] payment reserves. DSCR is over[redacted] and other mortgage history on the credit report is paid as agreed. The qualifying DSCR on the loan is [redacted]than the guideline minimum.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted].		 The DSCR of [redacted] is greater than the minimum required DSCR of [redacted].

[redacted] is reserves, guideline requirement is 6 months.		 Originator

SitusAMC,Originator		 Reviewer Comment (2022-03-23): Exception granted for recent [redacted] mortgage late within the [redacted] with a prev [redacted]. Guides state that this is not allowed. [redacted] was almost[redacted] ago and we will hit the borrower with a[redacted] payment reserve. Comp factors: borrower has [redacted] in reserves after this transaction, not including the [redacted] payment reserves. DSCR is over [redacted] and other mortgage history on the credit report is paid as agreed.     03/23/2022 2 B B B B B B B B B B   FL Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
218940078 [redacted] [redacted]   26980647     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   FL Investment Purchase   D A C A     D A   N/A No
218940078 [redacted] [redacted]   26980648     Credit Missing Document General Missing Document Missing Document: Cancelled Check(s) not provided   Please provide a copy of the [redacted] used for the EMD for subject transaction. Cash to close and reserves are subject to change.       Reviewer Comment (2022-04-14): sufficient asset verification in file without giving any credit for the EMD checks


Buyer Comment (2022-04-13): Please cancel. Borrower has sufficient funds for closing and reserves even counting/deducting the EMD from the current balances.		 04/14/2022     1 C A C A C A C A C A   FL Investment Purchase   D A C A     D A   N/A No
218940078 [redacted] [redacted]   26980649     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Please provide a copy of the fully executed closing statement/HUD for the property at [redacted] reflecting proceeds of [redacted]. Cash to close and reserves are subject to change.       Reviewer Comment (2022-04-14): closing statement received, [redacted]


Buyer Comment (2022-04-13): Please see attached.		 04/14/2022     1 C A C A C A C A C A   FL Investment Purchase   D A C A     D A   N/A No
218940079 [redacted] [redacted]   26980653     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940080 [redacted] [redacted]   26980651     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   MD Investment Purchase   D A A A     D A   N/A No
218940081 [redacted] [redacted]   26980655     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized. Highest level secondary valuation does not support the value used to qualify.; Sec ID: [redacted]           Reviewer Comment (2022-05-10): [redacted] supporting appraised value has been received 05/10/2022     1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other   C A A A     C A   N/A No
218940082 [redacted] [redacted]   26980657     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   TX Investment Purchase   D A A A     D A   N/A No
218940083 [redacted] [redacted]   26980659     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-26): [redacted] was batch uploaded by deal set up team 04/26/2022     1 D A D A D A D A D A   NY Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940084 [redacted] [redacted]   26980661     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940085 [redacted] [redacted]   26980663     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-26): [redacted] was batch uploaded by deal set up team 04/26/2022     1 D A D A D A D A D A   OH Investment Purchase   D A A A     D A   N/A No
218940086 [redacted] [redacted]   26980668     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): [redacted] received 05/02/2022     1 D A D A D A D A D A   OK Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940087 [redacted] [redacted]   26980664     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A B A     D A   N/A No
218940087 [redacted] [redacted]   26980665     Credit Title Document Error Title There is no [redacted] amount noted on the title policy.           Reviewer Comment (2022-04-20): Exception [redacted] : Received Final Title Policy reflecting Policy Amount of [redacted], dated [redacted] [redacted]


Buyer Comment (2022-04-19): Please see attached.		 04/20/2022     1 B A B A B A B A B A   CA Investment Refinance - Cash-out - Other   D A B A     D A   N/A No
218940087 [redacted] [redacted]   26980666     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.           Reviewer Comment (2022-05-11): final title rece3ived 05/11/2022     1 A A A A A A A A A A   CA Investment Refinance - Cash-out - Other   D A B A     D A   N/A No
218940088 [redacted] [redacted]   26980670     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   NJ Investment Purchase   D A A A     D A   N/A No
218940089 [redacted] [redacted]   26980674     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   TX Investment Purchase   D A A A     D A   N/A No
218940090 [redacted] [redacted]   26980676     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-27): [redacted] supporting appraised value has been received 04/27/2022     1 D A D A D A D A D A   OH Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940090 [redacted] [redacted]   26980677     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. Exception granted for min property value below [redacted] which created an exception of a loan amount [redacted]. Guidelines require min value of [redacted] and min loan amount of [redacted]. Comp Factors: [redacted] FICO, DSCR [redacted]. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by [redacted].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted]

The representative FICO score exceeds the guideline minimum by at least [redacted].		 [redacted] [redacted] SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-03-25): Exception granted for min property value below [redacted] which created an exception of a loan amount [redacted]. Guidelines require min value of [redacted] and min loan amount of [redacted]. Comp Factors: [redacted] FICO, DSCR [redacted].     03/25/2022 2 B B B B B B B B B B   OH Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940090 [redacted] [redacted]   26980678     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: [redacted] not provided   A [redacted] for the business entity in the state of [redacted] is not dated within [redacted] of closing.       Reviewer Comment (2022-04-19): [redacted] for the business entity is provided [redacted], Hence cleared the exception.


Buyer Comment (2022-04-18): Please see attached.		 04/19/2022     1 C A C A C A C A C A   OH Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940091 [redacted] [redacted]   26980672     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   NJ Investment Purchase   D A A A     D A   N/A No
218940092 [redacted] [redacted]   26980679     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-10): [redacted] recieved 05/10/2022     1 D A D A D A D A D A   OH Investment Purchase   D A A A     D A   N/A No
218940093 [redacted] [redacted]   26980684     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940094 [redacted] [redacted]   26980686     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   OH Investment Purchase   D B B B     D A   N/A No
218940094 [redacted] [redacted]   26980687     Credit Credit Miscellaneous Guideline Credit Exception:   Exception granted for [redacted] on a [redacted] in the last [redacted]months with large [redacted] reported on the background report. Guidelines state that the loan is [redcted] if there is a any [redacted] with a [redacted] or greater [redacted] in the last [redacted] months and a past instance of [redacted] of age. Comp factors include [redacted] across all [redacted] that would support this [redacted] and other [redacted]. [redacted] will also be [redacted] by the [redacted], but as an exception. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted]		 Reserves > 4 months of required [redacted]months. SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-03-25): Exception granted for [redacted] on a [redacted] in the last [redacted]months with large [redacted] reported on the background report. Guidelines state that the loan is [redcted] if there is a any [redacted] with a [redacted] or greater [redacted] in the last [redacted] months and a past instance of [redacted] of age. Comp factors include [redacted] across all [redacted] that would support this [redacted] and other [redacted]. [redacted] will also be [redacted] by the [redacted], but as an exception.     03/25/2022 2 B B B B B B B B B B   OH Investment Purchase   D B B B     D A   N/A No
218940095 [redacted] [redacted]   26980682     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940096 [redacted] [redacted]   26980688     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   NY Investment Purchase   D B C B     D A   N/A No
218940096 [redacted] [redacted]   26980690     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. The lender allowed an exception for the LTV limit of [redacted]% for a non-warrantable condo. Compensating factors are [redacted] credit score, multiple active [redacted] paid as agreed, and no % provided in budget for reserves that keeps in non-warrantable. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted]months. Reserves exceed guidelines by at least 4 months. SitusAMC,Originator Reviewer Comment (2022-03-25): The lender allowed an exception for the LTV limit of [redacted]% for a non-warrantable condo. Compensating factors are [redacted] credit score, multiple active [redacted] paid as agreed, and no % provided in budget for reserves that keeps in non-warrantable.     03/25/2022 2 B B B B B B B B B B   NY Investment Purchase   D B C B     D A   N/A No
218940096 [redacted] [redacted]   26980691     Credit Insurance Insurance Documentation Insurance Insurance Policy Expiration Date is less than 30 days of the Note Date and does not have automatic renewal.   Master insurance policy expires same month as closing. Renewal not present in file. Policy also does not confirm extended coverages are included.       Reviewer Comment (2022-04-28): updated master policy received, showing new expiration date of [Redacted]


Buyer Comment (2022-04-27): Please see attached.


Buyer Comment (2022-04-18): reached out.		 04/28/2022     1 C A C A C A C A C A   NY Investment Purchase   D B C B     D A   N/A No
218940097 [redacted] [redacted]   26980693     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940098 [redacted] [redacted]   26980695     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   OR Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940099 [redacted] [redacted]   26980697     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): CDA was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   NJ Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940099 [redacted] [redacted]   26980698     Credit Asset Asset Documentation Asset Insufficient [redacted] for [redacted]. Guidelines require   No assets in file to cover [redacted] or [redacted].       Reviewer Comment (2022-04-20): [redacted] is provided Doc ID: [redacted], Hence Cleared the Exception.


Buyer Comment (2022-04-19): Please see attached [redacted] and clear.		 04/20/2022     1 C A C A C A C A C A   NJ Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940099 [redacted] [redacted]   26980700     Credit Asset Asset Calculation / Analysis Asset Available for [redacted] is insufficient to cover [redacted].   No assets in file to cover [redacted] or [redacted].       Reviewer Comment (2022-04-20): [redacted] is provided Doc ID: [redacted], Hence Cleared the Exception.


Buyer Comment (2022-04-19): Please cancel. [redacted] provided for [redacted] used as [redacted].		 04/20/2022     1 C A C A C A C A C A   NJ Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940100 [redacted] [redacted]   26980707     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   CT Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940101 [redacted] [redacted]   26980703     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   NJ Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940102 [redacted] [redacted]   26980704     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.;[redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   KY Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940102 [redacted] [redacted]   26980706     Compliance Loan Package Documentation Closing / Title Loan Package Documentation (Doc Error) Security Instrument Error: Notary Date was not provided   Notary date and Borrower signature on mortgage missing from the loan file.       Reviewer Comment (2022-04-19): Exception Cleared : Received Security Instrument reflecting Notary Date [redacted] and Borrower's Signature [redacted]


Buyer Comment (2022-04-18): See attached		 04/19/2022     1 B A B A B A B A B A   KY Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940103 [redacted] [redacted]   26980710     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-26): [redacted] was batch uploaded by deal set up team 04/26/2022     1 D A D A D A D A D A   OH Investment Purchase   D A A A     D A   N/A No
218940103 [redacted] [redacted]   26980711     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized. Highest level secondary valuation does not support the value used to qualify.; [redacted] Note Date: ___; Lien Position: ___ CDA valuation is greater than [redacted], and therefore another [redaction] product is required.       Reviewer Comment (2022-05-03): [redacted] received, with value of [redacted]


Buyer Comment (2022-05-03): Eval uploaded		 05/03/2022     1   A   A   A   A   A   OH Investment Purchase   D A A A     D A   N/A No
218940104 [redacted] [redacted]   26980712     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940104 [redacted] [redacted]   26980713     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___.         Reviewer Comment (2022-04-18): lender does not go to the [redacted] digit past the decimal point, per internal memo, dated [redacted]


Buyer Comment (2022-04-18): Please see attached and cancel.		 04/18/2022     1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940105 [redacted] [redacted]   26980721     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-27): CDA received 04/27/2022     1 D A D A D A D A D A   IN Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940105 [redacted] [redacted]   26980722     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. Exception granted to allow a minimum property value below [redacted] which created an exception of a loan amount [redacted], Guidelines require min value of [redacted] and min loan amount of [redacted]. Compensating factors of [redacted] credit score and DSCR [redacted] Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]		 DSCR [redacted] SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-03-28): Exception granted to allow a minimum property value below $[redacted]k which created an exception of a loan amount <$[redacted], Guidelines require min value of $[redacted] and min loan amount of $[redacted]. Compensating factors of [redacted] credit score and DSCR>[redacted].     03/28/2022 2 B B B B B B B B B B   IN Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940106 [redacted] [redacted]   26980715     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940107 [redacted] [redacted]   26980719     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940108 [redacted] [redacted]   26980717     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   NJ Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940109 [redacted] [redacted]   26980725     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   SC Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940110 [redacted] [redacted]   26980727     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   TX Investment Purchase   D A C A     D A   N/A No
218940110 [redacted] [redacted]   26980728     Credit Credit Credit Documentation Credit Missing Document: [redacted] not provided   An [redacted] dated within [redacted] days of closing for [redacted] who is [redacted] owner of borrowing entity is not in the loan file.       Reviewer Comment (2022-04-13): [redacted] is provided Doc ID: [redacted] , Hence Cleared the Exception.


Buyer Comment (2022-04-12): See attached.		 04/13/2022     1 C A C A C A C A C A   TX Investment Purchase   D A C A     D A   N/A No
218940111 [redacted] [redacted]   26980730     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   DE Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940111 [redacted] [redacted]   26980731     Credit System General System [redacted] Subject Address does not match [redacted] address.   [redacted] indicates [redacted], while all other docs indicate [redacted]       Reviewer Comment (2022-04-20): Exception [redacted] : Received [redacted] reflecting Subject property address [redacted] [redacted]


Buyer Comment (2022-04-19): Please see attached.


Buyer Comment (2022-04-19): reached out.		 04/20/2022     1 C A C A C A C A C A   DE Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940112 [redacted] [redacted]   26980733     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   IL Investment Purchase   D A A A     D A   N/A No
218940113 [redacted] [redacted]   26980735     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940114 [redacted] [redacted]   26980737     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940115 [redacted] [redacted]   26980741     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-27): [redacted] received 04/27/2022     1 D A D A D A D A D A   TX Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940116 [redacted] [redacted]   26980739     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940117 [redacted] [redacted]   26980743     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-26): [redacted] was batch uploaded by deal set up team 04/26/2022     1 D A D A D A D A D A   NY Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940118 [redacted] [redacted]   26980748     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-21): CDA was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   OH Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
218940118 [redacted] [redacted]   26980749     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. The Lender granted an exception for min prop value of $[redacted] and min loan amount of $[redacted]. Guidelines state the min value is $100k and the min loan amount is $[redacted] Compensating factors include [redacted] credit score, DCSR>[redacted], and .25 add on to interest rate. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. DSCR [redacted] SitusAMC,Originator Reviewer Comment (2022-03-29): The Lender granted an exception for min prop value of [redacted] and min loan amount of [redacted]. Guidelines state the min value is [redacted] and the min loan amount is [redacted]. Compensating factors include [redacted] credit score, DCSR [redacted], and [redacted] add on to interest rate.     03/29/2022 2 B B B B B B B B B B   OH Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
218940118 [redacted] [redacted]   26980750     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Max guideline LTV for properties owned <[redacted] days on a cash out refinance is [redacted]%. Deed, title and appraisal reflect Borrower obtained property on [redacted] which is <[redacted] days from the closing date. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. DSCR [redacted] SitusAMC,Originator Reviewer Comment (2022-04-14): lender has commented in SAMC portal to waive guideline exception with comp factors


Buyer Comment (2022-04-14): [redacted] deems this as immaterial to the loan file. Guarantor's qualifying credit score of [redacted] and the approximate DSCR of [redacted].		     04/14/2022 2 C B C B C B C B C B   OH Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
218940118 [redacted] [redacted]   26980751     Credit Credit Credit Eligibility Credit Unacceptable credit - outstanding tax lien(s) with no payment arrangements.   Tax lien listed on background report and no payment and/or release reflected in file. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. DSCR [redacted] SitusAMC,Originator Reviewer Comment (2022-04-14): lender has commented in SAMC portal to waive guideline exception with comp factors


Buyer Comment (2022-04-14): [redacted] deems this as immaterial to the loan file. Guarantor's qualifying credit score of [redacted] and the approximate DSCR of [redacted].		     04/14/2022 2 C B C B C B C B C B   OH Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
218940119 [redacted] [redacted]   26980746     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940120 [redacted] [redacted]   26980753     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   TN Investment Purchase   D A A A     D A   N/A No
218940121 [redacted] [redacted]   26980755     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   VA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940122 [redacted] [redacted]   26980757     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-21): CDA was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   MI Investment Purchase   D B B B     D A   N/A No
218940122 [redacted] [redacted]   26980758     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. Exception granted for value less than [redacted]. Comp Factors: [redacted] FICO, DSCR > [redacted], multiple active mortgages paid as agreed. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted].		 lender granted guideline exception, with comp factors, [redacted] SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-03-29): lender granted guideline exception, with comp factors, [redacted]     03/29/2022 2 B B B B B B B B B B   MI Investment Purchase   D B B B     D A   N/A No
218940123 [redacted] [redacted]   26980760     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940124 [redacted] [redacted]   26980762     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   SC Investment Purchase   D A C A     D A   N/A No
218940124 [redacted] [redacted]   26980763     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: [redacted] not provided   The loan file is missing a [redacted] for the borrowing entity in [redacted] dated within [redacted] days of closing.       Reviewer Comment (2022-04-19): [redacted] for the borrowing entity in [redacted] dated within [redacted] days of Closing is Provided Doc ID: [redacted], Hence [redacted] the Exception.


Buyer Comment (2022-04-18): Please see attached.		 04/19/2022     1 C A C A C A C A C A   SC Investment Purchase   D A C A     D A   N/A No
218940125 [redacted] [redacted]   26980765     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   NJ Investment Purchase   D A A A     D A   N/A No
218940126 [redacted] [redacted]   26980767     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940127 [redacted] [redacted]   26980769     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940127 [redacted] [redacted]   26980771     Credit Credit Miscellaneous Guideline Credit Exception:   [redacted] [redacted] member [redacted] did not sign the Written Consent of the Members and managers of [redacted] document.       Reviewer Comment (2022-04-14): only [redacted] needs [redacted]


Buyer Comment (2022-04-14): Please cancel. [redacted] only needed by [redacted].		 04/14/2022     1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940128 [redacted] [redacted]   26980773     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): CDA was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   OH Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940128 [redacted] [redacted]   26980774     Credit Asset Asset Calculation / Analysis Asset Available for [redacted] is insufficient to cover [redacted].           Reviewer Comment (2022-04-14): [redacted] with over [redacted] in assets received


Buyer Comment (2022-04-14): Please see attached [redacted].		 04/14/2022     1 C A C A C A C A C A   OH Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940128 [redacted] [redacted]   26980775     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: [redacted] months discrepancy.   Per [redacted], [redacted] is using proceeds from another transaction for [redacted]. Please provide a copy of the fully executed [redacted] for [redacted]. [redacted] and [redacted] are subject to change.       Reviewer Comment (2022-04-14): [redacted] with over [redacted] in assets received


Buyer Comment (2022-04-14): Please cancel....		 04/14/2022     1 C A C A C A C A C A   OH Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940128 [redacted] [redacted]   26980777     Credit Credit Miscellaneous Guideline Credit Exception:   Please provide a copy of [redacted] [redacted]. ([redacted] is [redacted] member of the sole member of the Borrowing Entity)       Reviewer Comment (2022-04-14): [redacted] for [redacted] is not required


Buyer Comment (2022-04-14): Please cancel as this is not required.		 04/14/2022     1 C A C A C A C A C A   OH Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940129 [redacted] [redacted]   26980779     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940130 [redacted] [redacted]   26980781     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940131 [redacted] [redacted]   26980783     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940132 [redacted] [redacted]   26980785     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940132 [redacted] [redacted]   26980786     Credit Fraud General Fraud [redacted] not dated within time period required by guidelines   [redacted] in file for Borrower is not dated within [redacted] days of closing.       Reviewer Comment (2022-04-20): [redacted] for Borrower is provided within [redacted] days of [redacted] Doc ID; [redacted], Hence [redacted] the Exception.


Buyer Comment (2022-04-19): See attached [redacted]		 04/20/2022     1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940133 [redacted] [redacted]   26980788     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-26): [redacted] was batch uploaded by deal set up team 04/26/2022     1 D A D A D A D A D A   AR Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940133 [redacted] [redacted]   26980791     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: [redacted] [redacted] months discrepancy.   assets in file are not sufficient to meet [redacted] requirements       Reviewer Comment (2022-04-14): additional [redacted] received


Buyer Comment (2022-04-14): See attached.		 04/14/2022     1 C A C A C A C A C A   AR Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940134 [redacted] [redacted]   26980793     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940135 [redacted] [redacted]   26980795     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940136 [redacted] [redacted]   26980797     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940137 [redacted] [redacted]   26980799     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940138 [redacted] [redacted]   26980802     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. Secondary valuation is [redacted].; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   NV Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940139 [redacted] [redacted]   26980804     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-27): [redacted] received 04/27/2022     1 D A D A D A D A D A   AR Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940140 [redacted] [redacted]   26980808     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   TN Investment Purchase   D A A A     D A   N/A No
218940140 [redacted] [redacted]   26980809     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: [redacted] was made [redacted]and Form [redacted] was not provided. -         Reviewer Comment (2022-05-25): [redacted] received, [redacted]


Buyer Comment (2022-05-25): Please see attached.


Buyer Comment (2022-04-15): reached out		 05/25/2022     1 C A C A C A C A C A   TN Investment Purchase   D A A A     D A   N/A No
218940142 [redacted] [redacted]   26980811     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-21): CDA was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   VA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940143 [redacted] [redacted]   26980815     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-21): CDA was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940143 [redacted] [redacted]   26980816     Credit Credit Miscellaneous Guideline Credit Exception:   The lender provided an exception to the borrower for 1x60 day late payment in [redected] Per guidelines, there cannot be any [redacted] day late mortgage payments in the last [redacted] months. The compensating factors were [redected] LTV and DSCR>[redated] Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted].		 DSCR > [redacted] SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-03-31): The lender provided an exception to the borrower for 1x60 day late payment in [redacted] . Per guidelines, there cannot be any 60 day late mortgage payments in the last 24 months. The compensating factors were[redacted] LTV and DSCR>[redacted]     03/31/2022 2 B B B B B B B B B B   PA Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940144 [redacted] [redacted]   26980813     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal setup team 04/21/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940145 [redacted] [redacted]   26980818     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   CT Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940146 [redacted] [redacted]   26980820     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted] . [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   TX Investment Purchase   D A A A     D A   N/A No
218940147 [redacted] [redacted]   26980822     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): CDA was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   OH Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940147 [redacted] [redacted]   26980823     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: [redacted] Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. Exception granted to allow [redacted] property value [redected] and loan amount [redected] . Guidelines require a min property value of [redacted] and a minimum loan amount of [redected] Comp factors [redected] FICO and > [redacted] DSCR. The representative FICO score exceeds the guideline minimum by at least [redacted] points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted].		 DSCR [redacted] SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-03-30): Exception granted to allow minimum property value < $[redacted] and loan amount < $[redacted]. Guidelines require a min property value of $[redacted]k and a minimum loan amount of $[redacted]k. Comp factors [redacted]FICO and > [redacted] DSCR.     03/30/2022 2 B B B B B B B B B B   OH Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940148 [redacted] [redacted]   26980825     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   OK Investment Purchase   D A A A     D A   N/A No
218940149 [redacted] [redacted]   26980827     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): CDA was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   TX Investment Purchase   D A C A     D A   N/A No
218940149 [redacted] [redacted]   26980830     Credit Asset Asset Calculation / Analysis Asset Available for [redacted] is [redacted] to cover [redacted]From [redacted].   Verification of [redacted]is needed to show sufficient [redacted] to close and [redacted].       Reviewer Comment (2022-04-28): Cleared, EMD sourced.


Buyer Comment (2022-04-28): Please cancel


Buyer Comment (2022-04-14): Reached out.		 04/28/2022     1 C A C A C A C A C A   TX Investment Purchase   D A C A     D A   N/A No
218940149 [redacted] [redacted]   26980831     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA [redacted][redacted]discrepancy.   Verification of [redacted]is needed to show sufficient [redacted] to close and [redacted].       Reviewer Comment (2022-04-28): Cleared, EMD sourced.


Buyer Comment (2022-04-28): See attached statement for evidence of EMD


Buyer Comment (2022-04-14): Reached out		 04/28/2022     1 C A C A C A C A C A   TX Investment Purchase   D A C A     D A   N/A No
218940150 [redacted] [redacted]   26980833     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940151 [redacted] [redacted]   26980835     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940152 [redacted] [redacted]   26980836     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   NY Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940153 [redacted] [redacted]   26980845     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-21): [redacted] was batch uploaded by deal set-up team 04/21/2022     1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940153 [redacted] [redacted]   26980846     Credit Credit Miscellaneous Guideline Credit Exception:   [redacted] check for Borrowing [redacted] not located in the file.       Reviewer Comment (2022-04-28): Background provided for [redacted] entity, cleared.


Buyer Comment (2022-04-28): Please see attached.


Buyer Comment (2022-04-14): reached out.		 04/28/2022     1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940154 [redacted] [redacted]   26980843     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   OH Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940155 [redacted] [redacted]   26980839     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940156 [redacted] [redacted]   26980841     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940157 [redacted] [redacted]   26980850     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   OH Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940157 [redacted] [redacted]   26980851     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA [redacted] [redacted] discrepancy.           Reviewer Comment (2022-04-28): [redacted] for [redacted] closing provided, cleared.


Buyer Comment (2022-04-28): Please cancel. The [redacted] statement provided is to support the [redacted] used in [redacted] . This exception should have been cleared on [redacted] when it was [redacted].


Reviewer Comment (2022-04-15): The provided documents [redacted] Statement Doc ID:[redacted] and [redacted]Disclosure Doc ID: [redacted] doesn't belong to [redacted]Property, Hence Exception Remains.


Buyer Comment (2022-04-14): Please see attached.		 04/28/2022     1 C A C A C A C A C A   OH Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940158 [redacted] [redacted]   26980855     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted]'s were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   PA Investment Purchase   D A A A     D A   N/A No
218940159 [redacted] [redacted]   26980860     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted]'s were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   NC Investment Purchase   D A A A     D A   N/A No
218940160 [redacted] [redacted]   26980857     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted]'s were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IN Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940160 [redacted] [redacted]   26980858     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of [redacted] not provided   The loan file is missing a certificate of [redacted] dated within [redacted] days of closing that reflects the [redacted] entity [redacted] name [redacted].       Reviewer Comment (2022-04-28): [redacted] , provided.


Buyer Comment (2022-04-28): Please see attached.


Reviewer Comment (2022-04-19): Certificate of [redacted] doesn't have the complete [redacted] entity series [redacted] , Hence the Exception [redacted] .


Reviewer Comment (2022-04-19): reopen


Reviewer Comment (2022-04-19): Certificate of [redacted] dated within [redacted] days of [redacted] is Provided Doc ID: [redacted], Hence [redacted] the Exception.


Buyer Comment (2022-04-18): Please see attached.		 04/28/2022     1 C A C A C A C A C A   IN Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940161 [redacted] [redacted]   26980862     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted]'s were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   WI Investment Purchase   D A A A     D A   N/A No
218940162 [redacted] [redacted]   26980864     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted]'s were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   FL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940163 [redacted] [redacted]   26980866     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted]'s were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   VA Investment Purchase   D A A A     D A   N/A No
218940164 [redacted] [redacted]   26980868     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted]'s were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940165 [redacted] [redacted]   26980870     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted]'s were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940166 [redacted] [redacted]   26980872     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted]'s were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   OH Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940166 [redacted] [redacted]   26980873     Credit Asset Asset Documentation Asset Insufficient funds for [redacted]. Guidelines require   Missing [redacted][redacted]Statement from [redacted] refinance [redacted] # [redacted] with net proceed $[redacted]       Reviewer Comment (2022-04-20): [redacted]Statement is Provided from [redacted]refinance [redacted] # [redacted] Doc ID: [redacted], Hence [redacted]the Exception.


Buyer Comment (2022-04-19): Please see attached.		 04/20/2022     1 C A C A C A C A C A   OH Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940167 [redacted] [redacted]   26980877     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted]'s were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   TN Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940168 [redacted] [redacted]   26980879     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted]'s were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   TX Investment Purchase   D A C A     D A   N/A No
218940168 [redacted] [redacted]   26980880     Credit Credit Credit Documentation Credit Missing Document: [redacted] not provided   Missing [redacted] for [redacted] entity and [redacted] dated within [redacted] days of closing.       Reviewer Comment (2022-04-28): [redacted] provided, [redacted].


Buyer Comment (2022-04-28): Please see attached.


Buyer Comment (2022-04-14): reached out.		 04/28/2022     1 C A C A C A C A C A   TX Investment Purchase   D A C A     D A   N/A No
218940169 [redacted] [redacted]   26980882     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.;[redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   PA Investment Purchase   D B C B     D A   N/A No
218940169 [redacted] [redacted]   26980883     Credit Credit Miscellaneous Guideline Credit Exception:   Exception granted to use [redacted]% of the balance in checking accounts that are not our borrowing entity and the borrower does not own [redacted]% of that entity. ([redacted], [redacted], and [redacted]. Guidelines require if using assets that are not in the name of the borrowing entity then our guarantor must own [redacted]% of that entity. The compensating factors are [redacted] credit score, the other members of the entities that owns the accounts are his wife and partner that [redacted] does loans for, and they have closed multiple loans for the borrower. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted].

Borrower's Experience/Track Record		 Borrower's Experience/Track Record. [redacted] has closed multiple loans for Borrower. SitusAMC

Originator		 Reviewer Comment (2022-03-31): Exception granted to use [redacted]% of the balance in checking accounts that are not our borrowing entity and the borrower does not own [redacted]% of that entity. ([redacted], [redacted], and [redacted]. Guidelines require if using assets that are not in the name of the borrowing entity then our guarantor must own [redacted]% of that entity. The compensating factors are [redacted] credit score, the other members of the entities that owns the accounts are his wife and partner that [redacted] does loans for, and they have closed multiple loans for the borrower.     03/31/2022 2 B B B B B B B B B B   PA Investment Purchase   D B C B     D A   N/A No
218940169 [redacted] [redacted]   26980884     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   The loan file is missing the operating agreement for[redacted] as business funds are being used for closing/reserves.       Reviewer Comment (2022-04-19): Operating Agreement is provided for [redacted] Doc ID: [redacted], Hence Cleared the Exception.


Buyer Comment (2022-04-18): Please see attached.		 04/19/2022     1 C A C A C A C A C A   PA Investment Purchase   D B C B     D A   N/A No
218940169 [redacted] [redacted]   26980885     Credit Insurance Insurance Documentation Insurance Missing Document: Flood Insurance Policy not provided   The loan file does not document that the flood insurance premium was paid.       Reviewer Comment (2022-05-25): flood insurance doc shows paid, [redacted]


Buyer Comment (2022-05-25): Please see attached. Paid flood declarations policy.


Buyer Comment (2022-04-18): reached out.		 05/25/2022     1 C A C A C A C A C A   PA Investment Purchase   D B C B     D A   N/A No
218940170 [redacted] [redacted]   26980887     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   SC Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940171 [redacted] [redacted]   26980889     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940172 [redacted] [redacted]   26980891     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   SC Investment Purchase   D A A A     D A   N/A No
218940173 [redacted] [redacted]   26980895     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940174 [redacted] [redacted]   26980893     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   TX Investment Purchase   D A A A     D A   N/A No
218940175 [redacted] [redacted]   26980897     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940176 [redacted] [redacted]   26980900     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   VA Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940177 [redacted] [redacted]   26980902     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940178 [redacted] [redacted]   26980904     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   FL Investment Purchase   D A A A     D A   N/A No
218940179 [redacted] [redacted]   26980906     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IN Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940180 [redacted] [redacted]   26980908     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IN Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940181 [redacted] [redacted]   26980910     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   NH Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940182 [redacted] [redacted]   26980912     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   AZ Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940183 [redacted] [redacted]   26980914     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   WA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940184 [redacted] [redacted]   26980920     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   WA Investment Purchase   D A A A     D A   N/A No
218940185 [redacted] [redacted]   26980916     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   VA Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940186 [redacted] [redacted]   26980918     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   MN Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940187 [redacted] [redacted]   26980923     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted]valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940188 [redacted] [redacted]   26980924     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940188 [redacted] [redacted]   26980926     Credit Credit Miscellaneous Guideline Credit Exception:   Exception granted for LTV of [redacted]% with a value <[redacted]. Guidelines require max LTV of [redacted]% when value is less than or equal to $[redacted]. Comp factors: [redacted]credit score, repeat borrower, DSCR >[redacted], limited cash out. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Reserves [redacted]> guideline by [redacted] months. SitusAMC,Originator Reviewer Comment (2022-04-04): Exception granted for LTV of [redacted]% with a value <[redacted]. Guidelines require max LTV of [redacted]% when value is less than or equal to $[redacted]. Comp factors: [redacted]credit score, repeat borrower, DSCR >[redacted], limited cash out.     04/04/2022 2 B B B B B B B B B B   IL Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940188 [redacted] [redacted]   26980927     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Issue: Refinance seasoning requirements not met   The approval overview in file reflects the subject loan should not fund until [redacted] to be able to use current appraised value of [redacted] as [redacted]month seasoning requirement would be met at that time. Subject loan funded on [redacted] Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Reserves [redacted]> guideline by [redacted] months. SitusAMC,Originator Reviewer Comment (2022-04-20): lender has commented in [redacted] portal to waive guideline exception, with comp factors


Buyer Comment (2022-04-19): [redacted] deems this as immaterial to the loan file. [redacted] days shy of meeting the seasoning requirement. Rate/Term transaction refinancing a balloon note. Guarantors qualifying credit score [redacted]. Post Closing liquidity of $[redacted]when the reserves required are $[redacted].		     04/20/2022 2 C B C B C B C B C B   IL Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940189 [redacted] [redacted]   26980929     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted]'s were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   TX Investment Purchase   D A A A     D A   N/A No
218940190 [redacted] [redacted]   26980931     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   PA Investment Purchase   D A A A     D A   N/A No
218940191 [redacted] [redacted]   26980933     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   KS Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940191 [redacted] [redacted]   26980934     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   OFAC not provided for business entity [redacted] which owns [redacted] of borrowing entity.       Reviewer Comment (2022-04-22): OFAC Document is provided [redacted], Hence Cleared the Exception.


Buyer Comment (2022-04-21): Uploaded


Buyer Comment (2022-04-21): Reached out		 04/22/2022     1 C A C A C A C A C A   KS Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940192 [redacted] [redacted]   26980936     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940193 [redacted] [redacted]   26980938     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940194 [redacted] [redacted]   26980940     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   AZ Investment Purchase   D A A A     D A   N/A No
218940195 [redacted] [redacted]   26980944     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   DC Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940196 [redacted] [redacted]   26980942     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   OK Investment Purchase   D A A A     D A   N/A No
218940197 [redacted] [redacted]   26980946     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940198 [redacted] [redacted]   26980948     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940199 [redacted] [redacted]   26980950     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940200 [redacted] [redacted]   26980952     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IN Investment Purchase   D A A A     D A   N/A No
218940200 [redacted] [redacted]   26980953     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized. Highest level secondary valuation does not support the value used to qualify.; Sec ID: 7   CDA did not support the original appraised value. An additional valuation product must be obtained and be within [redacted] of the appraised value.       Reviewer Comment (2022-05-16): A corrected CDA has been received, and supports the appraised value of $[redacted] 05/16/2022     1   A   A   A   A   A   IN Investment Purchase   D A A A     D A   N/A No
218940201 [redacted] [redacted]   26980955     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D C B B     D C   N/A No
218940201 [redacted] [redacted]   26980956     Credit Credit Miscellaneous Guideline Credit Exception:   Exception granted for a recent mortgage late payment in the last [redacted]months. Per guidelines, [redacted]in [redacted]/[redacted]needs a review and ad-on to the rate. Comp factors: Fico [redacted] and DSCR over [redacted]. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.

The representative FICO score [redacted] the guideline minimum by at least [redacted] points.		 FICO[redacted] SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-04-04): Exception granted for a recent mortgage late payment in the last [redacted] months. Per guidelines, [redacted] in [redacted]/[redacted] needs a review and ad-on to the rate. Comp factors: Fico [redacted] and DSCR over [redacted].     04/04/2022 2 B B B B B B B B B B   NJ Investment Refinance - Cash-out - Other   D C B B     D C   N/A No
218940201 [redacted] [redacted]   26980957     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized. Highest level secondary valuation does not support the value used to qualify.; [redacted] Note Date: ___; Lien Position: ___ [redacted] did not support appraised value, so an additional valuation product is required.       Reviewer Comment (2022-12-05): BPO provided is not sufficient to clear this condition


Reviewer Comment (2022-05-17): [Redacted] report received, with a value of $[redacted], and supports the original appraised value


Buyer Comment (2022-05-17): secondary valuation.		       3   C   C   C   C   C   NJ Investment Refinance - Cash-out - Other   D C B B     D C   N/A No
218940202 [redacted] [redacted]   26980959     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940203 [redacted] [redacted]   26980961     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-05-02): [redacted] received 05/02/2022     1 D A D A D A D A D A   TX Investment Refinance - Rate/Term   D B B B     D A   N/A No
218940203 [redacted] [redacted]   26980962     Credit Credit Miscellaneous Guideline Credit Exception:   Exception granted to use the appraised value with less than [redacted] month seasoning. Guidelines require that the lesser of the purchase or the appraised value be used when the vested ownership is less than [redacted] months. Comp factors include - Fico [redacted] & DSCR over [redacted] no add on to the rate. The representative FICO score [redacted] the guideline minimum by at least [redacted]points.

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted].		   SitusAMC

SitusAMC		 Reviewer Comment (2022-04-01): Exception granted to use the appraised value with less than [redacted] month seasoning. Guidelines require that the lesser of the purchase or the appraised value be used when the vested ownership is less than [redacted] months. Comp factors include - Fico [redacted] & DSCR over [redacted] no add on to the rate.     04/01/2022 2 B B B B B B B B B B   TX Investment Refinance - Rate/Term   D B B B     D A   N/A No
218940204 [redacted] [redacted]   26980964     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   CA Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940205 [redacted] [redacted]   26980970     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940206 [redacted] [redacted]   26980966     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940207 [redacted] [redacted]   26980967     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940208 [redacted] [redacted]   26980972     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   TN Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940209 [redacted] [redacted]   26980974     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940209 [redacted] [redacted]   26980975     Credit Guideline Guideline Issue Guideline Hazard Insurance Coverage Amount is insufficient per guidelines. Original Loan Amount: ___; Estimated Cost New: ___; Lender Documented Insured Value: ___ The coverage amount listed on the evidence of insurance is less than the loan amount and the total insured value listed on the dec page provided in file.       Reviewer Comment (2022-04-19): correspondence from insurance agent shows loss of rents plus property coverage equals TIV


Buyer Comment (2022-04-18): Please see attached.		 04/19/2022     1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940210 [redacted] [redacted]   26980977     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   MD Investment Purchase   D A A A     D A   N/A No
218940211 [redacted] [redacted]   26980979     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   VA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940212 [redacted] [redacted]   26980981     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   DE Investment Purchase   D A A A     D A   N/A No
218940213 [redacted] [redacted]   26980983     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940214 [redacted] [redacted]   26980985     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   AR Investment Purchase   D A A A     D A   N/A No
218940215 [redacted] [redacted]   26980987     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940216 [redacted] [redacted]   26980989     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940217 [redacted] [redacted]   26980991     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IN Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940218 [redacted] [redacted]   26980997     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   PA Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940219 [redacted] [redacted]   26980999     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IL Investment Purchase   D A A A     D A   N/A No
218940220 [redacted] [redacted]   26981013     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IN Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940221 [redacted] [redacted]   26980992     Credit Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   Missing final HUD or Closing Statement       Reviewer Comment (2022-04-20): doc in file, [redacted]


Buyer Comment (2022-04-19): Please cancel. Final settlement statement is located in [redacted]with signature page found on [redacted].		 04/20/2022     1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
218940221 [redacted] [redacted]   26980994     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
218940221 [redacted] [redacted]   26980995     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard coverage of $[redacted], with an estimated cost new per the appraisal of $[redacted]and a loan amount of $[redacted]. Need RCE showing existing coverage is sufficient.       Reviewer Comment (2022-05-16): coverage is sufficient


Buyer Comment (2022-05-16): The insurance agent confirmed that the $[redacted] coverage is on a replacement cost basis and up to [redacted]% of the replacement cost. D[redacted] [redacted]


Buyer Comment (2022-04-19): Reached out.		 05/16/2022     1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other   D A D A     D A   N/A No
218940222 [redacted] [redacted]   26981015     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940223 [redacted] [redacted]   26981006     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Employer Identification Number (EIN) not provided           Reviewer Comment (2022-04-18): EIN in file, D[redacted]


Buyer Comment (2022-04-18): Please cancel p[redacted] D[redacted]		 04/18/2022     1 C A C A C A C A C A   AZ Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940223 [redacted] [redacted]   26981008     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   AZ Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940224 [redacted] [redacted]   26981001     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940225 [redacted] [redacted]   26981010     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   NY Investment Purchase   D A C A     D A   N/A No
218940225 [redacted] [redacted]   26981011     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   There were not enough funds available to cover the required reserves. Please provide a copy of the $[redacted] EMD. cash to close and reserves are subject to change.       Reviewer Comment (2022-05-09): sufficient assets now in file


Buyer Comment (2022-05-09): EMD sourcing documents.


Buyer Comment (2022-04-25): reached out.		 05/09/2022     1 C A C A C A C A C A   NY Investment Purchase   D A C A     D A   N/A No
218940226 [redacted] [redacted]   26981003     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   NY Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940226 [redacted] [redacted]   26981004     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Missing Certificate of Good Standing dated within [redacted] days.       Reviewer Comment (2022-04-20): Certificate of Good Standing is present in the file with Doc Id [redacted], hence cleared the exception.


Buyer Comment (2022-04-19): Please find attached [redacted]....		 04/20/2022     1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940227 [redacted] [redacted]   26981017     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   TX Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940227 [redacted] [redacted]   26981018     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   File is missing the fully executed closing statements for transactions [redacted]and [redacted]. Lender qualified the loan using proceeds from these [redacted] transactions.       Reviewer Comment (2022-04-25): Fully executed closing statements for transactions [redacted] is provided with Doc Id [redacted] Hence cleared the exception


Buyer Comment (2022-04-22): Executed closing statement for transaction [redacted] uploaded. Shows $[Redacted] in cash out proceeds to the borrower.		 04/25/2022     1 C A C A C A C A C A   TX Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940227 [redacted] [redacted]   26981019     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   File is missing the fully executed closing statements for transactions [redacted] and [redacted]. Lender qualified the loan using proceeds from these [redacted] transactions.       Reviewer Comment (2022-04-25): Fully executed closing statements for transactions [redacted] is provided with Doc Id [redacted], Hence cleared the exception


Buyer Comment (2022-04-22): Executed closing statement for transaction [redacted] uploaded. Shows $[Redacted] in cash out proceeds to the borrower.		 04/25/2022     1 C A C A C A C A C A   TX Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940228 [redacted] [redacted]   26981023     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940229 [redacted] [redacted]   26981029     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   TX Investment Purchase   D A A A     D A   N/A No
218940230 [redacted] [redacted]   26981025     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   NJ Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940231 [redacted] [redacted]   26981031     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   CA Investment Purchase   D A A A     D A   N/A No
218940232 [redacted] [redacted]   26981033     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   NE Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940232 [redacted] [redacted]   26981034     Credit Asset Asset Documentation Asset Insufficient funds for Reserves. Guidelines require   No assets were located in file to cover the $[redacted] in funds to close or the [redacted]months required reserves.       Reviewer Comment (2022-04-25): Closing Statements are provided for loan # [redacted] [redacted], [redacted], [redacted] Doc ID: [redacted], [redacted], [redacted], [redacted], Hence Cleared the Exception.


Buyer Comment (2022-04-22): Borrower closed [redacted] loans on [redacted] ([redacted], [redacted], [redacted], [redacted], and [redacted]).
Total cash out proceeds were $[redacted] and was sufficient to cover required reserves on all [redacted]loans.


Buyer Comment (2022-04-22): Borrower closed [redacted] loans on [redacted] ([redacted], [redacted], [redacted], [redacted], and [redacted]).
Total cash out proceeds were $[redacted]and was sufficient to cover required reserves on all [redacted]loans.		 04/25/2022     1 C A C A C A C A C A   NE Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940232 [redacted] [redacted]   26981036     Credit Asset Asset Calculation / Analysis Asset Available for Closing is [redacted] to cover Cash From Borrower.   No assets were located in file to cover the $[redacted] in funds to close or the [redacted] months required reserves.       Reviewer Comment (2022-04-25): Closing Statements are provided for loan # [redacted] [redacted], [redacted], [redacted] Doc ID: [redacted], [redacted], [redacted], [redacted], Hence Cleared the Exception.


Buyer Comment (2022-04-22): Borrower closed [redacted] loans on [redacted] ([redacted], [redacted], [redacted], [redacted], and [redacted]).
Total cash out proceeds were $[redacted] and was sufficient to cover required reserves on all [redacted]loans.		 04/25/2022     1 C A C A C A C A C A   NE Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940232 [redacted] [redacted]   26981038     Credit Credit Miscellaneous Guideline Credit Exception:   Guidelines require the [redacted] to cover civil commotion, and the existing policy does not. Lender granted guideline exception, with comp factors, [redacted] The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. Lender granted guideline exception, with comp factors, [redacted] SitusAMC,Originator Reviewer Comment (2022-04-08): Lender granted guideline exception, with comp factors, [redacted]     04/08/2022 2 B B B B B B B B B B   NE Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940233 [redacted] [redacted]   26981040     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   VA Investment Purchase   D B C B     D A   N/A No
218940233 [redacted] [redacted]   26981041     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of [redacted] not provided   Missing Certificate of[redacted] within [redacted]days.       Reviewer Comment (2022-04-20): [redacted] dated [redacted] in file, [redacted]


Buyer Comment (2022-04-19): Please cancel. [redacted][redacted]		 04/20/2022     1 C A C A C A C A C A   VA Investment Purchase   D B C B     D A   N/A No
218940233 [redacted] [redacted]   26981042     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Exception granted to raise LTV to [redacted]%. Comp Factors: LTV is actually [redacted] % of recalculated purchase price $[redacted], DSCR > [redacted]. Borrower's monthly reserves have been verified and [redacted] the amount required based on the guidelines by at least [redacted]months. lender granted guideline exception, with comp factors, [redacted] SitusAMC,Originator Reviewer Comment (2022-04-06): lender granted guideline exception, with comp factors, [redacted]     04/06/2022 2 B B B B B B B B B B   VA Investment Purchase   D B C B     D A   N/A No
218940234 [redacted] [redacted]   26981070     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): cda recieved 05/02/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940235 [redacted] [redacted]   26981043     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940236 [redacted] [redacted]   26981045     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   VA Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940237 [redacted] [redacted]   26981047     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing. Hazard Insurance Policy Effective Date ___, Disbursement Date: ___         Reviewer Comment (2022-04-22): updated EOI received, D[redacted]


Buyer Comment (2022-04-22): EOI with updated EOI uploaded.


Buyer Comment (2022-04-20): Reached out.		 04/22/2022     1 C A C A C A C A C A   OH Investment Purchase   D A C A     D A   N/A No
218940237 [redacted] [redacted]   26981048     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): cda recieved 05/02/2022     1 D A D A D A D A D A   OH Investment Purchase   D A C A     D A   N/A No
218940238 [redacted] [redacted]   26981050     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   CA Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940239 [redacted] [redacted]   26981052     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940240 [redacted] [redacted]   26981054     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   DE Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940241 [redacted] [redacted]   26981058     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940242 [redacted] [redacted]   26981056     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940243 [redacted] [redacted]   26981060     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   SC Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940244 [redacted] [redacted]   26981062     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940245 [redacted] [redacted]   26981064     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940246 [redacted] [redacted]   26981066     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.;[redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   MO Investment Purchase   D B B B     D A   N/A No
218940246 [redacted] [redacted]   26981067     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Customer misunderstood sales person and did not budget for the additional [redacted]%. Strong credit and an experienced investor. UW rent adjusted to $[redacted]to make system able to go to [redacted]% due to system limitations. Loan is priced for DSCR <[redacted]x DSCR. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted].

Borrower's monthly reserves have been verified and [redacted] the amount required based on the guidelines by at least [redacted]months.

The representative FICO score [redacted]the guideline minimum by at least [redacted]points.		 FICO [redacted] SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-04-08): Customer misunderstood sales person and did not budget for the additional [redacted]%. Strong credit and an experienced investor. UW rent adjusted to $[redacted]to make system able to go to [redacted]% due to system limitations. Loan is priced for DSCR <[redacted]x DSCR.     04/08/2022 2 B B B B B B B B B B   MO Investment Purchase   D B B B     D A   N/A No
218940246 [redacted] [redacted]   26981068     Credit Credit Miscellaneous Guideline Credit Exception:   Lender exception to use adjusted rent amount of $[redacted]. Comp factors strong credit and an experienced investor. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted].

Borrower's monthly reserves have been verified and [redacted] the amount required based on the guidelines by at least [redacted]months.

The representative FICO score [redacted]the guideline minimum by at least [redacted]points.		 FICO [redacted] SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-04-08): Customer misunderstood sales person and did not budget for the additional [redacted]%. Strong credit and an experienced investor. UW rent adjusted to $[redacted]to make system able to go to [redacted]% due to system limitations. Loan is priced for DSCR <[redacted]x DSCR.     04/08/2022 2 B B B B B B B B B B   MO Investment Purchase   D B B B     D A   N/A No
218940247 [redacted] [redacted]   26981072     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   UT Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940248 [redacted] [redacted]   26981074     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   FL Investment Purchase   D A A A     D A   N/A No
218940249 [redacted] [redacted]   26981076     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940249 [redacted] [redacted]   26981077     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Lien(s) negatively impacting title   1) Federal Tax Lien against [redacted] [redacted] [redacted]; 2) Federal Tax Lien against [redacted] [redacted] [redacted]. ( [redacted] is the [redacted]% owner of [redacted] and Guarantor of the loan) NOTE: Background report [redacted] reflects [redacted] was released. Need proof the [redacted]was satisfied/released.       Reviewer Comment (2022-04-20): tax liens against guarantor do not need to be satisfied prior to closing


Buyer Comment (2022-04-19): Please cancel. Tax liens mentioned are against the guarantor and not the borrowing entity.		 04/20/2022     1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940249 [redacted] [redacted]   26981078     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Coverage of [redacted] is short of the loan amount and short of [redacted]% of the appraised value.       Reviewer Comment (2022-04-20): hazard policy covers the TIV, which is acceptable per guidelines


Buyer Comment (2022-04-19): Please cancel. The insurance carrier states that the TIV is [redacted]		 04/20/2022     1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940250 [redacted] [redacted]   26981080     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940251 [redacted] [redacted]   26981082     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940252 [redacted] [redacted]   26981084     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   OK Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940253 [redacted] [redacted]   26981086     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing.           Reviewer Comment (2022-04-25): Exception Cleared : Received Updated EOI policy dated [redacted]), which is same date as Disbursement Date -[redacted]. ([redacted])


Buyer Comment (2022-04-22): Updated EOI with [redacted] effective date uploaded.


Buyer Comment (2022-04-21): Reached out.		 04/25/2022     1 C A C A C A C A C A   IN Investment Purchase   D A C A     D A   N/A No
218940253 [redacted] [redacted]   26981087     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IN Investment Purchase   D A C A     D A   N/A No
218940254 [redacted] [redacted]   26981089     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940255 [redacted] [redacted]   26981091     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940256 [redacted] [redacted]   26981093     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   NE Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940256 [redacted] [redacted]   26981094     Credit Guideline Guideline Issue Guideline Hazard Insurance Coverage Amount is insufficient per guidelines. Original Loan Amount: ___; Estimated Cost New: ___; Lender Documented Insured Value: ___ Exception granted for homeowners insurance to not cover civil commotion. Guidelines require the [redacted] to cover civil commotion. Comp factors: [redacted] credit score, home owners insurance covers everything except civil commotion, part of multi pack. The Loan to Value (LTV) on the loan is [redacted] than the guideline maximum by at least [redacted]%.

Borrower's monthly reserves have been verified and [redacted] the amount required based on the guidelines by at least [redacted] months.

The qualifying DSCR on the loan is [redacted] than the guideline minimum.		 The DSCR of [redacted] is [redacted] than the minimum required DSCR of [redacted] SitusAMC

SitusAMC

Originator		 Reviewer Comment (2022-04-08): Exception granted for homeowners insurance to not cover civil commotion. Guidelines require the [redacted] to cover civil commotion. Comp factors: [redacted] credit score, home owners insurance covers everything except civil commotion, part of multi pack.     04/08/2022 2 B B B B B B B B B B   NE Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940257 [redacted] [redacted]   26981096     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940258 [redacted] [redacted]   26981098     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940258 [redacted] [redacted]   26981099     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized. Highest level secondary valuation does not support the value used to qualify.; Sec ID: [redacted] Note Date: ___; Lien Position: ___ CDA did not support appraised value, so an additional valuation product is required.       Reviewer Comment (2022-05-10): [redacted]report received, supporting the original appraised value


Buyer Comment (2022-05-10): Secondary valuation uploaded.		 05/10/2022     1   A   A   A   A   A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940259 [redacted] [redacted]   26981101     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): cda received 05/02/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940260 [redacted] [redacted]   26981103     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940261 [redacted] [redacted]   26981105     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   NY Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940261 [redacted] [redacted]   26981107     Compliance Loan Package Documentation Closing / Title Loan Package Documentation (Doc Error) Security Instrument Error: Notary Date was not provided   [redacted] not present, estimated consummation date used for testing purposes.       Reviewer Comment (2022-04-21): Dade of [redacted] is typed in above, [redacted]


Buyer Comment (2022-04-21): Date of the [redacted] can be seen in the first line of the [redacted] page on the [redacted]. "On this [redacted] of [redacted] in this year [redacted]"


Buyer Comment (2022-04-21): Reached out.		 04/21/2022     1 B A B A B A B A B A   NY Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940262 [redacted] [redacted]   26981109     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940263 [redacted] [redacted]   26981110     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): [redacted] were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   NE Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940263 [redacted] [redacted]   26981112     Credit Credit Miscellaneous Guideline [redacted] Exception:   Lender exception with comp factors in file for Insurance to not cover civil commotion. The Debt Service Coverage Ratio (DSCR) is [redacted] than the guideline requirement by [redacted].

Borrower's [redacted]/[redacted] [redacted]		 Lender exception with [redacted] factors in file for [redacted] to not cover civil commotion. Multipack SitusAMC

Aggregator		 Reviewer Comment (2022-04-11): lender granted guideline exception, with comp factors, [redacted]     04/11/2022 2 B B B B B B B B B B   NE Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940263 [redacted] [redacted]   26981114     Credit Asset Asset Calculation / Analysis Asset Available for [redacted] is [redacted] to cover Cash [redacted] Borrower.   File is missing the final executed closing statement for [redacted], which the Lender was using [redacted] for liquidity, Cash [redacted] close and reserves are subject to change.       Reviewer Comment (2022-04-25): Final executed closing statement for [redacted] is present in the file with Doc Id [redacted], Hence cleared the exception


Buyer Comment (2022-04-22): Borrower closed [redacted]loans on [redacted] ([redacted], [redacted], [redacted],[redacted], and [redacted]).
Total cash out proceeds were $[redacted] and was sufficient to cover required reserves on all [redacted] loans.


Buyer Comment (2022-04-22): Borrower closed [redacted] loans on [redacted] ([redacted], [redacted], [redacted], [redacted], and [redacted]).
Total cash out proceeds were $[redacted] and was sufficient to cover required reserves on all [redacted]loans.


Buyer Comment (2022-04-22): Borrower closed [redacted] loans on [redacted] ([redacted], [redacted], [redacted], [redacted], and [redacted]).
Total cash out proceeds were $[redacted] and was sufficient to cover required reserves on all [redacted]loans.		 04/25/2022     1 C A C A C A C A C A   NE Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940263 [redacted] [redacted]   26981115     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   File is missing the final executed closing statement for [redacted], which the Lender was using [redacted] for liquidity, Cash [redacted] close and reserves are subject to change.       Reviewer Comment (2022-04-25): Final executed closing statement for [redacted] is present in the file with Doc Id [redacted], Hence cleared the exception


Buyer Comment (2022-04-22): Borrower closed [redacted] loans on [redacted] ([redacted], [redacted],[redacted], [redacted], and [redacted]).
Total cash out proceeds were $[redacted] and was sufficient to cover required reserves on all [redacted] loans.		 04/25/2022     1 C A C A C A C A C A   NE Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940264 [redacted] [redacted]   26981116     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   MO Investment Purchase   D A A A     D A   N/A No
218940265 [redacted] [redacted]   26981119     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   VA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940266 [redacted] [redacted]   26981121     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   FL Investment Purchase   D A A A     D A   N/A No
218940267 [redacted] [redacted]   26981123     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940268 [redacted] [redacted]   26981126     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940268 [redacted] [redacted]   26981127     Credit Credit Credit Documentation Credit Background check is missing.   Missing Background Check for Business Entity.       Reviewer Comment (2022-04-20): Entity created less than [Redacted] days ago and background check is not required.


Buyer Comment (2022-04-20): The borrowing entity, [Redacted] was created [Redacted] and does not require a background report as a newly created entity within [Redacted] days of the application.		 04/20/2022     1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940269 [redacted] [redacted]   26981132     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   TX Investment Purchase   D A A A     D A   N/A No
218940270 [redacted] [redacted]   26981128     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): cda received 05/02/2022     1 D A D A D A D A D A   VA Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940270 [redacted] [redacted]   26981130     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   The certificate of good standing in file does not reflect a date pulled and guidelines require this document to be pulled within [redacted] days of closing.       Reviewer Comment (2022-04-20): [redacted] within [redacted] days of closing provided


Buyer Comment (2022-04-20): [redacted] with date showing [redacted] uploaded.


Buyer Comment (2022-04-20): COGS for [redacted] dated [redacted]		 04/20/2022     1 C A C A C A C A C A   VA Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940271 [redacted] [redacted]   26981134     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940271 [redacted] [redacted]   26981135     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy.   Lender qualified property based on HOI premium of $[redacted]/mo, however, actual premium in file is $[redacted]/mo ([redacted]). Based on this, the DSCR calculation is [redacted], and is less than [redacted), which is needed for this loan to qualify.       Reviewer Comment (2022-05-25): DSCR is now within guideline limits


Buyer Comment (2022-05-24): [redacted] deems this as immaterial to the loan file. Guarantor's qualifying credit score of [redacted] is [redacted] points higher than the guideline minimum. Post closing liquidity of $[redacted] when the reserves required are $[redacted].


Buyer Comment (2022-04-29): reached out.		 05/25/2022     1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940272 [redacted] [redacted]   26981138     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940274 [redacted] [redacted]   26981140     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940275 [redacted] [redacted]   26981143     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-04-28): CDA's were batch uploaded by deal set up team 04/28/2022     1 D A D A D A D A D A   MO Investment Purchase   D A A A     D A   N/A No
218940276 [redacted] [redacted]   26981145     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   FL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940277 [redacted] [redacted]   26981147     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940278 [redacted] [redacted]   26981149     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940279 [redacted] [redacted]   26981154     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940279 [redacted] [redacted]   26981155     Credit Missing Document General Missing Document Missing Document: Lease Agreement not provided   Missing fully completed lease agreement reflecting lease amount and dates reflecting time frame of the lease.       Reviewer Comment (2022-04-27): fully executed lease received, [redacted]


Buyer Comment (2022-04-26): updated lease uploaded.


Buyer Comment (2022-04-21): Reached out.		 04/27/2022     1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940280 [redacted] [redacted]   26981151     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   PA Investment Purchase   D A C A     D A   N/A No
218940280 [redacted] [redacted]   26981152     Credit Credit Miscellaneous Guideline Credit Exception:   Please provide disposition of state tax lien $[redacted] filed [redacted]       Reviewer Comment (2022-04-28): Letter provided reflecting a zero balance.


Buyer Comment (2022-04-28): Payoff showing $[Redacted] balance for lien.		 04/28/2022     1 C A C A C A C A C A   PA Investment Purchase   D A C A     D A   N/A No
218940281 [redacted] [redacted]   26981157     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   VA Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940281 [redacted] [redacted]   26981158     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Missing Certificate of Good Standing dated within [redacted] days.       Reviewer Comment (2022-04-22): Certificate of Good Standing is provided [redacted]: [redacted], Hence Cleared the Exception.


Buyer Comment (2022-04-21): [redacted] uploaded for [redacted] dated [redacted]		 04/22/2022     1 C A C A C A C A C A   VA Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940282 [redacted] [redacted]   26981160     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   DE Investment Purchase   D A A A     D A   N/A No
218940283 [redacted] [redacted]   26981164     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940284 [redacted] [redacted]   26981168     Credit Credit Credit Documentation Guideline Aged document: Credit Report is more than [redacted] days prior to the note date. - Exception granted to extend the credit report [redacted] days to be good thru [redacted]. Guidelines require a new report after 120 days. Fico [redacted] with a DSCR [redacted]. Borrower's [redacted] [redacted] have been verified and exceed the amount required based on the guidelines by at least [redacted] months.

The representative FICO score [redacted] the guideline minimum by at least [redacted] points.		 Fico [redacted]. SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-04-12): Exception granted to extend the credit report [redacted] days to be good thru [redacted]. Guidelines require a new report after 120 days. Fico [redacted] with a DSCR [redacted].     04/12/2022 2 B B B B B B B B B B   CT Investment Refinance - Rate/Term   D B B B     D A   N/A No
218940284 [redacted] [redacted]   26981169     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): [redacted] were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CT Investment Refinance - Rate/Term   D B B B     D A   N/A No
218940285 [redacted] [redacted]   26981162     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940286 [redacted] [redacted]   26981166     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   WI Investment Purchase   D A A A     D A   N/A No
218940287 [redacted] [redacted]   26981171     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940287 [redacted] [redacted]   26981172     Credit Insurance Insurance Documentation Insurance Rent loss insurance is required on all properties and there is no evidence of this insurance in the file.           Reviewer Comment (2022-04-22): Exception Cleared : Received Lender Correspondence document stating [redacted]% of the Dwelling value can be considered as Loss of Rent. ([redacted])


Buyer Comment (2022-04-21): Email uploaded from Insurance agent confirming loss of rents coverage is included.		 04/22/2022     1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940288 [redacted] [redacted]   26981184     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940289 [redacted] [redacted]   26981174     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   WI Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940290 [redacted] [redacted]   26981176     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Purchase   D A C A     D A   N/A No
218940290 [redacted] [redacted]   26981179     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Need to have the EM deposit of $[redacted] sourced.       Reviewer Comment (2022-05-03): sufficient verification of assets now in file


Buyer Comment (2022-05-02): EMD Receipt uploaded.		 05/03/2022     1 C A C A C A C A C A   TX Investment Purchase   D A C A     D A   N/A No
218940291 [redacted] [redacted]   26981180     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided           Reviewer Comment (2022-04-22): Exception Cleared : Received Tax Certificate of Subject property, Reflecting annual [redacted]Tax. (redacted)


Buyer Comment (2022-04-21): Tax Cert for [redacted] uploaded.		 04/22/2022     1 C A C A C A C A C A   WA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940291 [redacted] [redacted]   26981182     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   WA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940292 [redacted] [redacted]   26981185     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): [redacted] were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   NE Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940292 [redacted] [redacted]   26981187     Credit Guideline Guideline Issue Guideline Hazard Insurance Coverage Amount is [redacted] per guidelines. Original Loan Amount: ___; Estimated Cost New: ___; Lender Documented Insured Value: ___ Exception granted for home owners insurance to not cover civil commotion. Guidelines require the HOI to cover civil commotion. Comp factors: [redacted] credit score, homeowners insurance cover everything except civil commotion, part of a multi pack. Borrower's [redacted] [redacted] have been verified and exceed the amount required based on the guidelines by at least [redacted] months. [redacted] months in reserves. SitusAMC,Originator Reviewer Comment (2022-04-12): Exception granted for home owners insurance to not cover civil commotion. Guidelines require the HOI to cover civil commotion. Comp factors: [redacted] credit score, homeowners insurance cover everything except civil commotion, part of a multi pack.     04/12/2022 2 B B B B B B B B B B   NE Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940293 [redacted] [redacted]   26981189     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Purchase   D A C A     D A   N/A No
218940293 [redacted] [redacted]   26981190     Credit Credit Credit Documentation Credit Background check is missing.   Missing Background Check for Borrowing entity.       Reviewer Comment (2022-04-28): Cleared.


Buyer Comment (2022-04-28): Please cancel as at time of application the entity was less than 6 months old and would not have required a background check.


Buyer Comment (2022-04-22): Reached out.		 04/28/2022     1 C A C A C A C A C A   TX Investment Purchase   D A C A     D A   N/A No
218940293 [redacted] [redacted]   26981191     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of ___ is less than Cash From Borrower ___. Please source the account the $[redacted] EMD wire received at Impact Title on [redacted] came from. Cash to close and reserves are subject to change.       Reviewer Comment (2022-04-28): Cleared, bank statement provided reflecting EMD funds clearing account.


Buyer Comment (2022-04-28): Please see attached and cancel...


Buyer Comment (2022-04-22): Reached out.		 04/28/2022     1 C A C A C A C A C A   TX Investment Purchase   D A C A     D A   N/A No
218940293 [redacted] [redacted]   26981192     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Please source the account the $[readacted] EMD wire received at Impact Title on [redacted] came from. Cash to close and reserves are subject to change.       Reviewer Comment (2022-04-28): Cleared, bank statement provided reflecting EMD funds clearing account.


Buyer Comment (2022-04-28): Please cancel duplicate exception as EMD is verified.


Buyer Comment (2022-04-22): Reached out.		 04/28/2022     1 C A C A C A C A C A   TX Investment Purchase   D A C A     D A   N/A No
218940294 [redacted] [redacted]   26981194     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): [redacted] were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
218940294 [redacted] [redacted]   26981195     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing. Hazard Insurance Policy Effective Date ___, Disbursement Date: ___   Borrower's [redacted] [redacted] have been verified and exceed the amount required based on the guidelines by at least [redacted] months.

Borrower has owned the subject property for at least [redacted] years.

The representative FICO score [redacted] the guideline minimum by at least [redacted] points.		 lender has commented in [redacted] portal to waive guideline exception, with comp factors SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-05-19): lender has commented in [redacted] portal to waive guideline exception, with comp factors


Buyer Comment (2022-05-19): Providing compensating factors for oversight: current, sufficient insurance is in place on subject collateral. Home is in good condition with no material deferred maintenance, occupied with cash flow above program requirements at [redacted]x. Well versed real estate investor with [redacted] median high FICO with no repayment issues.


Buyer Comment (2022-04-22): Reached out.		     05/19/2022 2 C B C B C B C B C B   TX Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
218940295 [redacted] [redacted]   26981199     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940296 [redacted] [redacted]   26981197     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940297 [redacted] [redacted]   26981201     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Purchase   D A A A     D A   N/A No
218940298 [redacted] [redacted]   26981202     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940299 [redacted] [redacted]   26981205     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   OH Investment Purchase   D A A A     D A   N/A No
218940300 [redacted] [redacted]   26981207     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940300 [redacted] [redacted]   26981208     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing. Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ New policy and effective date is [redacted], closing date for subject loan was [redacted]. Previous policy not in file.       Reviewer Comment (2022-05-12): previous hazard policy received, [Redacted]


Buyer Comment (2022-05-12): Previous policy that was in place during the time between funding and the current EOI effective date. Shows that there was coverage in place even if it did not show [Redacted].


Buyer Comment (2022-04-22): Reached out.		 05/12/2022     1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940301 [redacted] [redacted]   26981210     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940301 [redacted] [redacted]   26981211     Credit Credit Miscellaneous Guideline Credit Exception:   Certificate of Good standing is dated [redacted], which is NOT within [redacted] days of closing. Closing date is [redacted]       Reviewer Comment (2022-04-29): updated COGS received


Buyer Comment (2022-04-28): Updated COGS uploaded.


Buyer Comment (2022-04-27): reached out.		 04/29/2022     1 C A C A C A C A C A   IL Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940302 [redacted] [redacted]   26981212     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CT Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940303 [redacted] [redacted]   26981217     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): [redacted] report received


Buyer Comment (2022-05-02): [redacted] uploaded		 05/03/2022     1 D A D A D A D A D A   AK Investment Refinance - Cash-out - Other   D D A A     D D   N/A No
218940303 [redacted] [redacted]   26981218     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Supporting secondary BPO was provided.; Sec ID: [redacted] Note Date: ___; Lien Position: ___         Reviewer Comment (2022-05-03): [redacted] report received     05/03/2022 2   A   D   A   A   A   AK Investment Refinance - Cash-out - Other   D D A A     D D   N/A No
218940304 [redacted] [redacted]   26981215     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940305 [redacted] [redacted]   26981220     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IL Investment Purchase   D A A A     D A   N/A No
218940306 [redacted] [redacted]   26981224     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IL Investment Purchase   D A A A     D A   N/A No
218940307 [redacted] [redacted]   26981222     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IL Investment Purchase   D A A A     D A   N/A No
218940308 [redacted] [redacted]   26981226     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   KY Investment Purchase   D A A A     D A   N/A No
218940309 [redacted] [redacted]   26981228     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940309 [redacted] [redacted]   26981229     Credit Credit Miscellaneous Guideline Credit Exception:   The loan file does not document that the outstanding tax liens have been paid/released.       Reviewer Comment (2022-05-03): satisfaction of liens has been received


Buyer Comment (2022-05-02): Please see attached.		 05/03/2022     1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940310 [redacted] [redacted]   26981231     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940310 [redacted] [redacted]   26981232     Credit Guideline Guideline Issue Guideline Aged document: Primary Valuation is older than guidelines permit - Final approval dated [redacted], and the appraisal is dated [redacted]. No evidence the credit manager approved to allow appraisal to be 180 days old.       Reviewer Comment (2022-05-04): approval to go to [redacted] days for appraisal in file, [redacted]


Buyer Comment (2022-05-03): Please cancel. [redacted] Approval given to allow appraisal use to [redacted] days.		 05/04/2022     1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940311 [redacted] [redacted]   26981236     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   VA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940312 [redacted] [redacted]   26981234     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940313 [redacted] [redacted]   26981238     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   NC Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940314 [redacted] [redacted]   26981240     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940315 [redacted] [redacted]   26981242     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   VA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940315 [redacted] [redacted]   26981243     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   [redacted] short fall. D0[redacted] LOE states coverage up to [redacted] based off replacement cost estimator (not provided). Agent does not state [redacted]% or TIV. NOTE: Ins coming up for renewal in [redacted]. Renewal policy with a bit higher coverage and dwelling ext of [redacted] in file [redacted]       Reviewer Comment (2022-05-16): email correspondence from ins agent confirms estimator is sufficient


Buyer Comment (2022-05-13): Please cancel. Email from agent confirming coverage is from estimator is sufficient.


Buyer Comment (2022-05-03): Reached out.		 05/16/2022     1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940316 [redacted] [redacted]   26981244     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940317 [redacted] [redacted]   26981247     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940317 [redacted] [redacted]   26981248     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided   Please obtain Tax Cert to verified property tax are due/pay on semi-annual.       Reviewer Comment (2022-04-26): Exception Cleared : Received Tax Certificate of Subject Property. Paid Semi-Annual tax amount of $[redacted] ([redacted]).


Buyer Comment (2022-04-25): Tax cert uploaded		 04/26/2022     1 C A C A C A C A C A   IL Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940318 [redacted] [redacted]   26981254     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IL Investment Purchase   D A A A     D A   N/A No
218940319 [redacted] [redacted]   26981250     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940320 [redacted] [redacted]   26981252     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CT Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940321 [redacted] [redacted]   26981261     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.   Supplemental Report ([redacted]) title coverage shows [redacted] with an actual loan amount of [redacted]       Reviewer Comment (2022-04-26): Supplemental Report with[redacted] is present in the file in which policy amount is matching with loan amount, hence clear the exception.


Buyer Comment (2022-04-25): Supplemental Report with $[redacted] loan amount.		 04/26/2022     1 B A B A B A B A B A   CA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940321 [redacted] [redacted]   26981262     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940321 [redacted] [redacted]   26981263     Credit Guideline Guideline Issue Guideline Aged document: Primary Valuation is older than guidelines permit - [redacted] in file dated [redacted]       Reviewer Comment (2022-04-26): appraisal was extended to [redacted] days, which is not a formal exception, per guidelines


Buyer Comment (2022-04-25): Please see attached. Appraisal expiration was extended to [redacted] days.		 04/26/2022     1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940322 [redacted] [redacted]   26981267     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   MI Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940323 [redacted] [redacted]   26981256     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   AL Investment Purchase   D A C A     D A   N/A No
218940323 [redacted] [redacted]   26981257     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "[redacted]" and Form [redacted] was not provided. - No [redacted] in file.       Reviewer Comment (2022-05-03): updated appraisal, [redacted], showing property "as is" received


Buyer Comment (2022-05-03): Please see attached as-is appraisal showing property has been completed.		 05/03/2022     1 C A C A C A C A C A   AL Investment Purchase   D A C A     D A   N/A No
218940323 [redacted] [redacted]   26981258     Credit Guideline Guideline Issue Guideline Aged document: Primary Valuation is older than guidelines permit - No evidence in file that the credit manager approved to go to 180 days       Reviewer Comment (2022-05-03): updated appraisal, with updated date of [redacted] received


Buyer Comment (2022-05-03): Please cancel and review uploaded appraisal.		 05/03/2022     1 C A C A C A C A C A   AL Investment Purchase   D A C A     D A   N/A No
218940324 [redacted] [redacted]   26981265     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IN Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940325 [redacted] [redacted]   26981269     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   GA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940326 [redacted] [redacted]   26981271     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940327 [redacted] [redacted]   26981273     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]   Secondary appraisal is missing.       Reviewer Comment (2022-05-02): [redacted] were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
218940327 [redacted] [redacted]   26981274     Credit Credit Miscellaneous Guideline Credit Exception:   442 Certificate of Completion reflects [redacted], [redacted] have not been [redacted]. The Loan to Value (LTV) on the loan is [redacted] than the guideline [redacted] by at least [redacted]%.

The Debt Service Coverage Ratio (DSCR) is [redacted] than the guideline requirement by [redacted].

Borrower's [redacted] [redacted] have been verified and exceed the amount required based on the guidelines by at least [redacted] months.

The representative FICO score [redacted] the guideline minimum by at least [redacted] points.		 FICO [redacted] SitusAMC

SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-04-27): [redacted] deems this as immaterial to the loan file. Final inspection indicates that the smoke detectors have been installed. The only items pending repair are to storage buildings and do not have an adverse affect on the livability of the subject property. Experienced investor with over over [redacted] property experiences. Guarantor qualifying credit score of [redacted].


Buyer Comment (2022-04-27): [redacted] deems this as immaterial to the loan file. Final inspection indicates that the smoke detectors have been installed. The only items pending repair are to storage buildings and do not have an adverse affect on the livability of the subject property. Experienced investor with over over [redacted] property experiences. Guarantor qualifying credit score of [redacted].		     04/27/2022 2 C B C B C B C B C B   CA Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
218940328 [redacted] [redacted]   26981276     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   OH Investment Refinance - Cash-out - Other   D C A A     D C   N/A No
218940328 [redacted] [redacted]   26981277     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized. Highest level secondary valuation does not support the value used to qualify.; Sec ID: 7 Note Date: ___; Lien Position: ___ [redacted] was received, but did not support the original appraised value. An additional valuation product is required.       Reviewer Comment (2022-12-05): The provided BPO is not sufficient to clear this exception. A field review or higher rated product is required.


Reviewer Comment (2022-05-19): [redacted] report supports original appraised value


Buyer Comment (2022-05-18): [redacted] uploaded for [redacted]		       3   C   C   C   C   C   OH Investment Refinance - Cash-out - Other   D C A A     D C   N/A No
218940329 [redacted] [redacted]   26981279     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940330 [redacted] [redacted]   26981281     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   PA Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940331 [redacted] [redacted]   26981283     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940332 [redacted] [redacted]   26981287     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940332 [redacted] [redacted]   26981288     Property Collateral General Collateral Appraiser has disciplinary action with an end date within a year of appraisal effective date. - Valuation Effective Date:
___
___
from: ___
to: ___		 The appraiser was suspended from [redacted] to [redacted], which is within one year of the appraisal effective date of [redacted]       Reviewer Comment (2022-04-29): appraiser was not suspended at time of subject appraisal


Buyer Comment (2022-04-29): Please cancel. At the time of the appraisal completiion the appraiser was not suspended. The appraisal was completed within compliance of guidelines.


Buyer Comment (2022-04-25): Reached out.		 04/29/2022     1 B A B A B A B A B A   TX Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940332 [redacted] [redacted]   26981289     Credit Guideline Guideline Issue Guideline Aged document: Primary Valuation is older than guidelines permit - The appraisal report date is [redacted]days from the Note date, which exceeds guideline maximum of 120 days. Note: Approval extends the appraisal to 180 days.       Reviewer Comment (2022-04-14): [redacted] approved to extend the appraisal to 180 days 04/14/2022     1 C A C A C A C A C A   TX Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940333 [redacted] [redacted]   26981285     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940334 [redacted] [redacted]   26981290     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940334 [redacted] [redacted]   26981292     Credit Guideline Guideline Issue Guideline Aged document: Primary Valuation is older than guidelines permit - A full appraisal within 120 days of loan origination was not provided. The subject appraisal is [redacted] days from the Note Date and Notary Date. No evidence in file that the credit manager has approved an extension to 180 days.       Reviewer Comment (2022-05-04): approval to have appraisal go to 180 days in file, [redacted]


Buyer Comment (2022-05-03): Please cancel. [redacted] [redacted]		 05/04/2022     1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940335 [redacted] [redacted]   26981295     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   WI Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940336 [redacted] [redacted]   26981297     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940336 [redacted] [redacted]   26981298     Credit Guideline Guideline Issue Guideline Aged document: Primary Valuation is older than guidelines permit - Appraisal is over [redacted] days but less than [redacted] days from the final approval, dated [redacted]. No evidence of credit manager approving to go to [redacted] days on the appraisal.       Reviewer Comment (2022-05-04): approval to go to 180 days on appraisal in file, [redacted]


Buyer Comment (2022-05-03): Please cancel. [redacted]		 05/04/2022     1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940337 [redacted] [redacted]   26981300     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940337 [redacted] [redacted]   26981301     Credit Guideline Guideline Issue Guideline Aged document: Primary Valuation is older than guidelines permit - Appraisal dated [redacted], is more than 120 days prior to the final approval dated[redacted]. No evidence in file that the credit manager has allowed appraisal to be up to 180 days old.       Reviewer Comment (2022-05-04): approval to have appraisal go to [redacted]days in file, [redacted]


Buyer Comment (2022-05-03): Please cancel. [redacted]		 05/04/2022     1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940338 [redacted] [redacted]   26981305     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A B A     D A   N/A No
218940338 [redacted] [redacted]   26981306     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.         Reviewer Comment (2022-04-26): final title policy received, with correct loan amount coverage, [redacted]


Buyer Comment (2022-04-26): Updated commitment uploaded.


Buyer Comment (2022-04-25): Reached out.		 04/26/2022     1 B A B A B A B A B A   CA Investment Refinance - Cash-out - Other   D A B A     D A   N/A No
218940339 [redacted] [redacted]   26981303     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   OH Investment Purchase   D A A A     D A   N/A No
218940340 [redacted] [redacted]   26981310     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Purchase   D A A A     D A   N/A No
218940341 [redacted] [redacted]   26981308     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   AZ Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940342 [redacted] [redacted]   26981311     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Purchase   D A A A     D A   N/A No
218940343 [redacted] [redacted]   26981313     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940343 [redacted] [redacted]   26981315     Credit Credit Miscellaneous Guideline Credit Exception:   Please have title agent provide a tax certificate excluding Senior Citizen exemptions and Senior Freeze as this is an investment property.       Reviewer Comment (2022-04-27): Cleared.


Buyer Comment (2022-04-27): Please cancel. This is not a valid exception. Property was purchase in [redacted] and taxes are paid in arrears.		 04/27/2022     1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940344 [redacted] [redacted]   26981317     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940344 [redacted] [redacted]   26981318     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing. Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ Effective date is after subject closing. There is not evidence of continuation of coverage from prior policy.       Reviewer Comment (2022-05-12): previous policy information received, [redacted]


Buyer Comment (2022-05-12): Previous policy that was in place from funding to our EOI effective date. Shows there was coverage in place even if it did not list [redacted].


Buyer Comment (2022-04-25): Reached out.		 05/12/2022     1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940345 [redacted] [redacted]   26981323     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940345 [redacted] [redacted]   26981324     Credit Insurance Insurance Documentation Insurance Insurance Policy Expiration Date is less than 30 days of the Note Date and does not have automatic renewal.           Reviewer Comment (2022-04-27): updated EOI with expiration date of [redacted] received, [redacted]


Buyer Comment (2022-04-26): Renewal EOI uploaded.


Buyer Comment (2022-04-25): Reached out.		 04/27/2022     1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940346 [redacted] [redacted]   26981321     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940347 [redacted] [redacted]   26981328     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   GA Investment Purchase   D A A A     D A   N/A No
218940348 [redacted] [redacted]   26981326     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940349 [redacted] [redacted]   26981330     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]   Secondary valuation not provided.       Reviewer Comment (2022-05-02): [redacted] were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   OH Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940349 [redacted] [redacted]   26981331     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Exception granted to LTV of [redacted]% for a hybrid appraisal. Guidelines require a max of [redacted]% with a hybrid appraisal. Comp factors: [redacted] credit score, >[redacted] DSCR. Borrower's [redacted] [redacted] have been verified and exceed the amount required based on the guidelines by at least [redacted] months.

The representative [redacted] score [redacted] the guideline minimum by at least [redacted] points.		 [Redacted] [redacted] SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-04-15): Exception granted to LTV of [redacted]% for a hybrid appraisal. Guidelines require a max of [redacted]% with a hybrid appraisal. Comp factors: [redacted] credit score, >[redacted] DSCR.     04/15/2022 2 B B B B B B B B B B   OH Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940350 [redacted] [redacted]   26981332     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided           Reviewer Comment (2022-04-26): Exception Cleared : Received Tax Certificate of Subject Property. Paid Annual tax amount of[redacted]


Buyer Comment (2022-04-25): Tax Cert uploaded		 04/26/2022     1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940350 [redacted] [redacted]   26981334     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940351 [redacted] [redacted]   26981339     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940352 [redacted] [redacted]   26981336     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   AL Investment Purchase   D A A A     D A   N/A No
218940353 [redacted] [redacted]   26981341     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary Valuation not provided.       Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   MD Investment Purchase   D A A A     D A   N/A No
218940354 [redacted] [redacted]   26981343     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940355 [redacted] [redacted]   26981345     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary Valuation not provided.       Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   LA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940356 [redacted] [redacted]   26981349     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary Valuation not provided.       Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940357 [redacted] [redacted]   26981347     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940358 [redacted] [redacted]   26981351     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   SC Investment Purchase   D A A A     D A   N/A No
218940359 [redacted] [redacted]   26981353     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940360 [redacted] [redacted]   26981355     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   VA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940360 [redacted] [redacted]   26981356     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Missing Certificate of Good Standing dated within 30 days of closing.       Reviewer Comment (2022-04-28): Cleared, document provided.


Buyer Comment (2022-04-28): Updated [Redacted] uploaded.		 04/28/2022     1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940361 [redacted] [redacted]   26981357     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940362 [redacted] [redacted]   26981360     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   MD Investment Purchase   D A C A     D A   N/A No
218940362 [redacted] [redacted]   26981361     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   Missing operating agreement for [redacted] to verify Borrower has [redacted]% ownership for usage of business funds per guidelines.       Reviewer Comment (2022-05-04): OA received, [redacted]


Buyer Comment (2022-05-03): Please see attached operating agreement.		 05/04/2022     1 C A C A C A C A C A   MD Investment Purchase   D A C A     D A   N/A No
218940363 [redacted] [redacted]   26981363     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940364 [redacted] [redacted]   26981365     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): [redacted] were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   WI Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940364 [redacted] [redacted]   26981366     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. Exception granted to allow a minimum property value below [redacted] which created an exception of a loan amount < [redacted]. Guidelines require a min value of [redacted] and min loan amount of [redacted]. The compensating factors are [redacted] credit score and >[redacted] DSCR The Debt Service Coverage Ratio (DSCR) is [redacted] than the guideline requirement by [redacted].

Borrower's [redacted] [redacted] have been verified and exceed the amount required based on the guidelines by at least [redacted] months.

The representative [Redacted] score [redacted] the guideline minimum by at least [redacted] points.		 [Redacted] [redacted] SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-04-14): Exception granted to allow a minimum property value below $[redacted] which created an exception of a loan amount < [redacted]. Guidelines require a min value of $[redacted] and min loan amount of $[redacted]. The compensating factors are [redacted] credit score and >[redacted] DSCR     04/14/2022 2 B B B B B B B B B B   WI Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940365 [redacted] [redacted]   26981368     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   WI Investment Purchase   D B B B     D A   N/A No
218940365 [redacted] [redacted]   26981369     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. The lender provided an exception for the minimum loan amount and minimum Appraised value not being met. The compensating factors are [redacted] credit score, multiple active mortgages paid as agreed, and [redacted]. The representative [Redacted] score exceeds the guideline minimum by at least [redacted] points.

Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted] and [redacted].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.

The [redacted] is greater than the guideline requirement by [redacted].		 lender granted guideline exception, with comp factors, [redacted] SitusAMC

SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-04-15): lender granted guideline exception, with comp factors, [redacted]     04/15/2022 2 B B B B B B B B B B   WI Investment Purchase   D B B B     D A   N/A No
218940366 [redacted] [redacted]   26981370     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary Valuation not provided.       Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   AZ Investment Purchase   D A A A     D A   N/A No
218940367 [redacted] [redacted]   26981375     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   NY Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940367 [redacted] [redacted]   26981376     Credit Guideline Guideline Issue Guideline Aged document: Primary Valuation is older than guidelines permit -         Reviewer Comment (2022-04-14): [Redacted] had approved appraisal to go to 180 days, [Redacted] 04/14/2022     1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940368 [redacted] [redacted]   26981373     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940369 [redacted] [redacted]   26981378     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940370 [redacted] [redacted]   26981380     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   MO Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940371 [redacted] [redacted]   26981382     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940371 [redacted] [redacted]   26981383     Credit Credit Miscellaneous Guideline Credit Exception:   1007 not located in file. Approval indicated this was used to determine market rent.       Reviewer Comment (2022-04-27): Cleared, updated with automated value.


Buyer Comment (2022-04-27): [Redacted]. House [Redacted] should have been used as there is not a 1007. Please cancel as this is a data compare issue and not an exception.		 04/27/2022     1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940372 [redacted] [redacted]   26981388     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Insufficient assets provided. Please provide SOF for $[Redacted] EMD. CTC and reserves are subject to change.       Reviewer Comment (2022-04-27): EMD documentation provided, cleared.


Buyer Comment (2022-04-27): Please see attached confirming payment of EMD [Redacted].		 04/27/2022     1 C A C A C A C A C A   TX Investment Purchase   D A C A     D A   N/A No
218940372 [redacted] [redacted]   26981390     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Purchase   D A C A     D A   N/A No
218940372 [redacted] [redacted]   26981391     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Assets provided do not cover reserve requirements. Please provide SOF for [Redacted] EMD. CTC and reserves are subject to change.       Reviewer Comment (2022-04-27): EMD documentation provided, cleared.


Buyer Comment (2022-04-27): Please cancel. Duplicated exception for EMD verification.		 04/27/2022     1 C A C A C A C A C A   TX Investment Purchase   D A C A     D A   N/A No
218940373 [redacted] [redacted]   26981384     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   GA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940374 [redacted] [redacted]   26981387     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   VA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940375 [redacted] [redacted]   26981393     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940376 [redacted] [redacted]   26981394     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TN Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940377 [redacted] [redacted]   26981397     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940378 [redacted] [redacted]   26981399     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   MD Investment Purchase   D A A A     D A   N/A No
218940379 [redacted] [redacted]   26981401     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   CA Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940380 [redacted] [redacted]   26981403     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-05): [Redacted] received 05/05/2022     1 D A D A D A D A D A   TX Investment Purchase   D A A A     D A   N/A No
218940381 [redacted] [redacted]   26981405     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   FL Investment Purchase   D A A A     D A   N/A No
218940382 [redacted] [redacted]   26981417     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940382 [redacted] [redacted]   26981418     Credit Credit Miscellaneous Guideline Credit Exception:   Rural property not allowed by guidelines. Lender approved guideline exception, with comp factors, [redacted] The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.

The representative FICO score exceeds the guideline minimum by at least [redacted] points.		 Lender approved guideline exception, with comp factors, [redacted] SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-04-15): Lender approved guideline exception, with comp factors, [redacted].     04/15/2022 2 B B B B B B B B B B   NC Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940383 [redacted] [redacted]   26981412     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Approval reflects proceeds from simo closing [Redacted]. Please provide a copy of the fully executed closing statement for this transaction. Cash to close and reserves are subject to change.       Reviewer Comment (2022-04-28): Cleared, closing CD and operating agreement provided.


Buyer Comment (2022-04-28): Operating agreement for [Redacted]


Reviewer Comment (2022-04-28): Transaction closed in the name of another entity. Please provide the operating agreement for this entity to verify Borrower had access to funds.


Buyer Comment (2022-04-28): [Redacted] Closing Statement uploaded		 04/28/2022     1 C A C A C A C A C A   MO Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940383 [redacted] [redacted]   26981414     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   MO Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940383 [redacted] [redacted]   26981415     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Approval reflects proceeds from simo closing [Redacted]. Please provide a copy of the fully executed closing statement for this transaction. Cash to close and reserves are subject to change.       Reviewer Comment (2022-04-28): Cleared, closing CD and operating agreement provided.


Buyer Comment (2022-04-28): Operating agreement for [Redacted]


Reviewer Comment (2022-04-28): Transaction closed in the name of another entity. Please provide the operating agreement for this entity to verify Borrower had access to funds.


Buyer Comment (2022-04-28): [Redacted] Closing Statement		 04/28/2022     1 C A C A C A C A C A   MO Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940384 [redacted] [redacted]   26981410     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Purchase   D A A A     D A   N/A No
218940385 [redacted] [redacted]   26981420     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   NC Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940386 [redacted] [redacted]   26981422     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   MO Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940386 [redacted] [redacted]   26981423     Credit Credit Credit Documentation Credit Background check is missing.   Missing Background Check for Business Entity. Entity formation is over [Redacted] days since application date.       Reviewer Comment (2022-04-27): Entity was formed in the last [Redacted] days.


Buyer Comment (2022-04-27): Please cancel. Entity was filed [Redacted] and application was also dated [Redacted].		 04/27/2022     1 C A C A C A C A C A   MO Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940387 [redacted] [redacted]   26981425     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940388 [redacted] [redacted]   26981427     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   MO Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940389 [redacted] [redacted]   26981431     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940390 [redacted] [redacted]   26981429     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   FL Investment Purchase   D A A A     D A   N/A No
218940391 [redacted] [redacted]   26981433     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary appraisal not provided.       Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IL Investment Purchase   D A A A     D A   N/A No
218940392 [redacted] [redacted]   26981435     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   LA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940393 [redacted] [redacted]   26981437     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   AL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940394 [redacted] [redacted]   26981439     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   AL Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940394 [redacted] [redacted]   26981440     Credit Credit Miscellaneous Guideline Credit Exception:   Exception granted with comp factors for Rural property. Comp factors LTV and DSCR. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.

The qualifying DSCR on the loan is greater than the guideline minimum.		 Exception granted with comp factors for Rural property. Comp factors LTV and DSCR. SitusAMC

SitusAMC

Aggregator		 Reviewer Comment (2022-04-18): lender granted guideline exception for rural property, with comp factors, [redacted]     04/18/2022 2 B B B B B B B B B B   AL Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940395 [redacted] [redacted]   26981441     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   WY Investment Purchase   D A A A     D A   N/A No
218940396 [redacted] [redacted]   26981444     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940396 [redacted] [redacted]   26981445     Credit Property - Appraisal Property Eligibility - Subject and Improvements Property - Appraisal Guideline Issue: Property type not allowed per [redacted] guidelines   The lender granted an exception for rural properties. The guidelines do not allow rural properties. The compensating factors are [redacted] credit score, borrower has multiple active mortgages that are paid as agreed, the property is {redacted] miles from [redacted] and the market provides support for the value, and the DSCR is greater than [redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by [redacted].		 lender granted guideline exception with comp factors, [redacted] SitusAMC

SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-04-15): lender granted guideline exception with comp factors, [redacted]     04/15/2022 2 B B B B B B B B B B   NC Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940397 [redacted] [redacted]   26981448     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940397 [redacted] [redacted]   26981449     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Loan was approved using proceeds from simo closing of #[redacted]. Please provide a copy of the fully executed final CD/Closing statement for this transaction. Cash to close and reserves are subject to change.       Reviewer Comment (2022-04-28): Cleared, closing statement provided.


Buyer Comment (2022-04-28): [redacted] closing statement uploaded.		 04/28/2022     1 C A C A C A C A C A   IL Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940397 [redacted] [redacted]   26981450     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Loan was approved using proceeds from simo closing of #[redacted]. Please provide a copy of the fully executed final CD/Closing statement for this transaction. Cash to close and reserves are subject to change.       Reviewer Comment (2022-04-28): Cleared, closing statement provided.


Buyer Comment (2022-04-28): [redacted] closing statement uploaded.		 04/28/2022     1 C A C A C A C A C A   IL Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940398 [redacted] [redacted]   26981452     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   NY Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940399 [redacted] [redacted]   26981455     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   PA Investment Purchase   D A A A     D A   N/A No
218940400 [redacted] [redacted]   26981457     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940401 [redacted] [redacted]   26981459     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940401 [redacted] [redacted]   26981460     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing. Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ The hazard policy was paid in full at closing, but the effective date is [redacted], and the Note date/Transaction date is [redacted].       Reviewer Comment (2022-05-12): previous hazard policy received, [redacted]


Buyer Comment (2022-05-12): Previous policy that was in place from funding to the effective date of the current EOI. Shows there was coverage in place even if it did not list [redacted]


Reviewer Comment (2022-05-04): will review once updated comments or documentation is received


Buyer Comment (2022-05-03): Reached out.		 05/12/2022     1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940401 [redacted] [redacted]   26981461     Credit Guideline Guideline Issue Guideline Hazard Insurance Coverage Amount is insufficient per guidelines. Original Loan Amount: ___; Estimated Cost New: ___; Lender Documented Insured Value: ___ The loan file does not document that the hazard insurance policy is written as a DP3 and/or includes extended coverages.       Reviewer Comment (2022-05-04): coverage exceeds loan amount


Buyer Comment (2022-05-03): Please cancel our policy is sufficient at $[redacted] which exceeds the loan amount.		 05/04/2022     1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940402 [redacted] [redacted]   26981463     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   OH Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940403 [redacted] [redacted]   26981467     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940404 [redacted] [redacted]   26981464     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Employer Identification Number (EIN) not provided           Reviewer Comment (2022-04-28): EIN provided, cleared.


Buyer Comment (2022-04-28): EIN Uploaded		 04/28/2022     1 C A C A C A C A C A   IN Investment Purchase   D A C A     D A   N/A No
218940404 [redacted] [redacted]   26981466     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): [redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   IN Investment Purchase   D A C A     D A   N/A No
218940405 [redacted] [redacted]   26981470     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   NY Investment Purchase   D A A A     D A   N/A No
218940406 [redacted] [redacted]   26981471     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-02): [Redacted]'s were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   WI Investment Purchase   D A A A     D A   N/A No
218940407 [redacted] [redacted]   26981474     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. [redacted] is missing.; [redacted]           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   FL Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940407 [redacted] [redacted]   26981475     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: [redacted] discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. The guidelines require a LTV max of [redacted]% with a alternate appraisal. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. lender commented in [redacted] portal to waive guideline exception, with comp factors SitusAMC,Originator Reviewer Comment (2022-05-04): lender commented in [redacted] portal to waive guideline exception, with comp factors


Buyer Comment (2022-05-03): [redacted] deems this as immaterial to the loan file. [redacted] on property in [redacted] condition. DSCR [redacted]x when the guideline minimum is [redacted]x. Post closing liquidity of $[redacted] when guidelines require $[redacted].		     05/04/2022 2 C B C B C B C B C B   FL Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940407 [redacted] [redacted]   26981476     Credit Missing Document General Missing Document Missing Document:[redacted] not provided   [redacted] account [redacted] does not reflect the [redacted] as an [redacted] of the account. Please provide documentation of ownership for these funds. Reserves subject to change based on provided information.       Reviewer Comment (2022-04-29): acct [redacted] not utilized and the borrower still has sufficient assets


Buyer Comment (2022-04-29): Not material. There is sufficient verified liquidity from the other accounts to back out the $[redacted] from the [redacted] [redacted] account and meet the cash in of $[redacted] and $[redacted] required reserves.		 04/29/2022     1 C A C A C A C A C A   FL Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940408 [redacted] [redacted]   26981484     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-02): CDA's were batch uploaded by deal set up team 05/02/2022     1 D A D A D A D A D A   NC Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940409 [redacted] [redacted]   26981478     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; [redacted]           Reviewer Comment (2022-05-03): [redacted] were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   IL Investment Purchase   D C C B     D C   N/A No
218940409 [redacted] [redacted]   26981479     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: [redacted] not provided           Reviewer Comment (2022-05-04): [redacted] in file, along with name change, [redacted]


Buyer Comment (2022-05-03): Please cancel. [redacted]-[redacted] [redacted]		 05/04/2022     1 C A C A C A C A C A   IL Investment Purchase   D C C B     D C   N/A No
218940409 [redacted] [redacted]   26981480     Credit Credit Miscellaneous Guideline Credit Exception:   Exception granted to use the purchase price of $[redacted] plus the assignment fee of $[redacted] for a total purchase price of [redacted]. Guidelines require the use of the lowest sales price in the last [redacted] months which is [redacted] and the assignment fee can't be more than [redacted]%of that. Comp factors: [redacted] credit score, DSCR >[redacted], appraised value of [redacted]. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by [redacted].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.

The representative FICO score exceeds the guideline minimum by at least [redacted] points.		 [redacted] FICO SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-04-15): Exception granted to use the purchase price of $[redacted] plus the assignment fee of $[redacted] for a total purchase price of [recated]. Guidelines require the use of the lowest sales price in the last [redacted] months which is [redacted] and the assignment fee can't be more than [redacted]%of that. Comp factors: [redacted] credit score, DSCR >[redacted] ,appraised value of [redacted].     04/15/2022 2 B B B B B B B B B B   IL Investment Purchase   D C C B     D C   N/A No
218940409 [redacted] [redacted]   26981481     Credit Guideline Guideline Issue Guideline Aged document: Credit Report is more than [redacted] days prior to the note date.   Credit report in file is >[redacted] days from the approval date ([redacted]days).       Reviewer Comment (2022-05-04): lender is honoring the first final approval date, which was within [redacted] days


Buyer Comment (2022-05-03): Please attached. Loan was final approved[redacted] but was pulled back to be updated per credit manager we honor initial final approval date of [redacted].		 05/04/2022     1 C A C A C A C A C A   IL Investment Purchase   D C C B     D C   N/A No
218940409 [redacted] [redacted]   26981482     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized. Highest level secondary valuation does not support the value used to qualify.;[redacted] Note Date: ___; Lien Position: ___ [redacted] was received, but did not support the original [redacted] value. An additional valuation product is required.       Reviewer Comment (2022-12-05): The provided BPO is not sufficient to clear this exception. A field review or higher rated product is required.


Reviewer Comment (2022-05-16): [redacted] report received and supports the appraised value within [redacted]%


Buyer Comment (2022-05-16): Uploaded		       3   C   C   C   C   C   IL Investment Purchase   D C C B     D C   N/A No
218940411 [redacted] [redacted]   26981488     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   WA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940412 [redacted] [redacted]   26981490     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940413 [redacted] [redacted]   26981491     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided           Reviewer Comment (2022-04-28): [redacted]in fraud report is acceptable


Reviewer Comment (2022-04-28): Separate [redacted]pull not located in file for borrower dated within [redacted] days of closing.


Buyer Comment (2022-04-28): [redacted] for [redacted] is included in the [redacted]Report. Page [redacted].		 04/28/2022     1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940413 [redacted] [redacted]   26981493     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940414 [redacted] [redacted]   26981495     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   MA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940415 [redacted] [redacted]   26981498     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   OH Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940416 [redacted] [redacted]   26981497     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940417 [redacted] [redacted]   26981503     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   MI Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940417 [redacted] [redacted]   26981504     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Cash-Out Refinances of properties acquired < [redacted] days from SRL loan closing will be limited to a maximum of [redacted]% LTV.

Borrowers LOE which is part of the lease in file states parent gave him this property on [redacted]. The Deed was notarized [redacted] and recorded[redacted]. Based on Borrowers LOE we are using the recording date as acquisition date. Lender exception for LTV not located in the file.		       Reviewer Comment (2022-05-04): based on the notary date of the deed, the [redacted] day seasoning requirement has been met


Buyer Comment (2022-05-03): [redacted] is acknowledging the notary date of [redacted]. Using this date, the seasoning requirements are met and exceeded.		 05/04/2022     1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940418 [redacted] [redacted]   26981500     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940419 [redacted] [redacted]   26981506     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940420 [redacted] [redacted]   26981508     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   LA Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940421 [redacted] [redacted]   26981512     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   VA Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940422 [redacted] [redacted]   26981510     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   WA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940423 [redacted] [redacted]   26981516     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   NJ Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940424 [redacted] [redacted]   26981513     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   NJ Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940425 [redacted] [redacted]   26981519     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940426 [redacted] [redacted]   26981520     Credit Credit Miscellaneous Guideline Credit Exception:   Lender Exception granted for property being rural. Guideline do not allow for rural properties. Comp factors: [redacted] credit score, [redacted]% LTV, > [redacted] DSCR. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.

The representative FICO score exceeds the guideline minimum by at least [redacted] points.		 Lender approved guideline exception, with comp factors, [redacted] SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-04-18): Lender approved guideline exception, with comp factors, [redacted]     04/18/2022 2 B B B B B B B B B B   DE Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940426 [redacted] [redacted]   26981522     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.;[redacted]           Reviewer Comment (2022-05-03): [redacted] were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   DE Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940427 [redacted] [redacted]   26981524     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940428 [redacted] [redacted]   26981526     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940429 [redacted] [redacted]   26981528     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   CT Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940430 [redacted] [redacted]   26981529     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940431 [redacted] [redacted]   26981532     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]   The file is missing a copy of the [redacted] valuation required for [redacted] purposes.       Reviewer Comment (2022-05-05): [redacted] received 05/05/2022     1 D A D A D A D A D A   OH Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
218940431 [redacted] [redacted]   26981533     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: [redacted] discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. In order to be eligible to utilize the valuation alternative the LTV can't exceed [redacted] and loan amount must be ≤ $[redacted]. A lender exception was not located in the file. The representative FICO score exceeds the guideline minimum by at least [redacted] points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by [redacted].		 lender commented in [redacted] portal to waive guideline exception, with comp factors SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-05-04): [redacted] commented in [redacted] portal to waive guideline exception, with comp factors


Buyer Comment (2022-05-03): [redacted] deems this as immaterial to the loan file. Guarantor's qualifying credit score of [redacted]. [redacted] [redacted] exceeding the guideline minimum of [redacted].		     05/04/2022 2 C B C B C B C B C B   OH Investment Refinance - Cash-out - Other   D B C B     D A   N/A No
218940432 [redacted] [redacted]   26981535     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation is missing.       Reviewer Comment (2022-05-05): [redacted] received 05/05/2022     1 D A D A D A D A D A   NC Investment Purchase   D A C A     D A   N/A No
218940432 [redacted] [redacted]   26981536     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   1031 Exchange funds are not eligible to be utilized towards reserves or on refinances. Please source the full "deposit" of $[redacted] used for subject transaction. Cash to close and reserves are subject to change.       Reviewer Comment (2022-04-29): sufficient assets now in file


Buyer Comment (2022-04-29): All of the money included EMD came from the exchange funds. Please see attached for reserves.		 04/29/2022     1 C A C A C A C A C A   NC Investment Purchase   D A C A     D A   N/A No
218940433 [redacted] [redacted]   26981538     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   CT Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940434 [redacted] [redacted]   26981541     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940435 [redacted] [redacted]   26981549     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   TX Investment Purchase   D A C A     D A   N/A No
218940435 [redacted] [redacted]   26981551     Credit Credit Miscellaneous Guideline Credit Exception:   [redacted] in file is dated [redacted], which exceeds the required within [redacted] days of closing.       Reviewer Comment (2022-05-04): updated [redacted]received


Buyer Comment (2022-05-04): Please see attached [redacted]


Buyer Comment (2022-05-02): reached out.		 05/04/2022     1 C A C A C A C A C A   TX Investment Purchase   D A C A     D A   N/A No
218940436 [redacted] [redacted]   26981545     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940437 [redacted] [redacted]   26981553     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   CA Investment Purchase   D A A A     D A   N/A No
218940438 [redacted] [redacted]   26981543     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940439 [redacted] [redacted]   26981547     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   CA Investment Purchase   D A A A     D A   N/A No
218940440 [redacted] [redacted]   26981555     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940441 [redacted] [redacted]   26981557     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   NV Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940442 [redacted] [redacted]   26981559     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   AZ Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940443 [redacted] [redacted]   26981561     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   NC Investment Purchase   D A A A     D A   N/A No
218940444 [redacted] [redacted]   26981563     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940445 [redacted] [redacted]   26981564     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940446 [redacted] [redacted]   26981567     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940447 [redacted] [redacted]   26981569     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940448 [redacted] [redacted]   26981571     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940449 [redacted] [redacted]   26981573     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940450 [redacted] [redacted]   26981574     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940451 [redacted] [redacted]   26981576     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-05): [redacted]received 05/05/2022     1 D A D A D A D A D A   OH Investment Purchase   D A A A     D A   N/A No
218940452 [redacted] [redacted]   26981578     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940453 [redacted] [redacted]   26981584     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940454 [redacted] [redacted]   26981581     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   NY Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940454 [redacted] [redacted]   26981582     Credit Guideline Guideline Issue Guideline Hazard Insurance Coverage Amount is insufficient per guidelines. Original Loan Amount: ___; Estimated Cost New: ___; Lender Documented Insured Value: ___ The loan file does not document the amount of the insurance premium or that the premium was paid. In addition, the TIV stated by the agent via email is [redacted]K and insurance coverage amount per the evidence of insurance in file is [redacted].       Reviewer Comment (2022-05-04): insurance coverage is sufficient as it exceeds the loan amount


Buyer Comment (2022-05-03): Please cancel. Insurance is sufficient as it covers our loan amount.		 05/04/2022     1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940455 [redacted] [redacted]   26981586     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   CA Investment Purchase   D A A A     D A   N/A No
218940456 [redacted] [redacted]   26981590     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   CO Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940457 [redacted] [redacted]   26981588     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   TX Investment Purchase   D A A A     D A   N/A No
218940458 [redacted] [redacted]   26981592     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940459 [redacted] [redacted]   26981595     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940459 [redacted] [redacted]   26981596     Credit Insurance Insurance Documentation Insurance Rent loss insurance is required on all properties and there is no evidence of this insurance in the file.           Reviewer Comment (2022-05-04): updated [redacted]policy received, [redacted], showing sufficinet rent loss coverage


Buyer Comment (2022-05-04): See attached declaration----same policy which shows the actual loss sustained prior to dwelling coverage was increased.


Buyer Comment (2022-05-04): reached out.		 05/04/2022     1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940460 [redacted] [redacted]   26981598     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940461 [redacted] [redacted]   26981600     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940462 [redacted] [redacted]   26981602     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-03): [redacted]'s were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940462 [redacted] [redacted]   26981603     Credit Credit Miscellaneous Guideline Credit Exception:   Please provide disposition of tax lien filed [redacted] $[redacted] for guarantor.       Reviewer Comment (2022-05-03): guidelines allow this to remain open, as it is not for the borrowing entity


Buyer Comment (2022-05-03): Please cancel. Not required as borrower is entity.		 05/03/2022     1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940463 [redacted] [redacted]   26981605     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   VA Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940464 [redacted] [redacted]   26981606     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   OH Investment Purchase   D A A A     D A   N/A No
218940465 [redacted] [redacted]   26981608     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: [redacted]   The file is missing a copy of the [redacted] valuation required for [redacted] purposes.       Reviewer Comment (2022-05-03): [redacted] were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   NY Investment Purchase   D B C B     D A   N/A No
218940465 [redacted] [redacted]   26981610     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: [redacted] reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.   The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by [redacted]. lender has commented in [redacted] portal to waive guideline exception, with comp factors SitusAMC,Originator Reviewer Comment (2022-05-16): [redacted] has commented in [redacted] portal to waive guideline exception, with comp factors


Buyer Comment (2022-05-13): [redacted] deems this shortfall as immaterial to the loan file. Property to yield potential [redacted] DSCR exceeding the guideline minimum of [redacted]. Qualifying credit score of [redacted] exceeding the guideline minimum.


Buyer Comment (2022-05-04): Reached out		     05/16/2022 2 C B C B C B C B C B   NY Investment Purchase   D B C B     D A   N/A No
218940465 [redacted] [redacted]   26981611     Credit Missing Document General Missing Document Missing Document: Verification of [redacted] Status not provided   Copy of Green card not located in the file.       Reviewer Comment (2022-05-06): [redacted] provided in the file with Doc Id [redacted], hence cleared the exceptiion


Buyer Comment (2022-05-05): [redacted] uploaded


Buyer Comment (2022-05-03): reached out.		 05/06/2022     1 C A C A C A C A C A   NY Investment Purchase   D B C B     D A   N/A No
218940466 [redacted] [redacted]   26981613     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   VA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940467 [redacted] [redacted]   26981616     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   NY Investment Purchase   D A C A     D A   N/A No
218940467 [redacted] [redacted]   26981617     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided           Reviewer Comment (2022-05-05): [redacted] not required in NY state


Buyer Comment (2022-05-04): Please cancel. [redacted] not required in New York.		 05/05/2022     1 C A C A C A C A C A   NY Investment Purchase   D A C A     D A   N/A No
218940468 [redacted] [redacted]   26981621     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   NC Investment Purchase   D A A A     D A   N/A No
218940469 [redacted] [redacted]   26981615     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940470 [redacted] [redacted]   26981619     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   MO Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940471 [redacted] [redacted]   26981623     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted] were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   IN Investment Purchase   D B B B     D A   N/A No
218940471 [redacted] [redacted]   26981624     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. Exception granted for loan amount M $[redacted] and value < $[redacted]. Guidelines require min of [redacted] and [redacted]. Comp Factors: [redacted] FICO, DSCR > [redacted]. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by [redacted].

Borrowers made a down payment from their [redacted] on this purchase transaction of at least [redacted] and $[redacted].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.

The representative FICO score exceeds the guideline minimum by at least [redacted] points.		 FICO [redacted] SitusAMC

SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-04-20): Exception granted for loan amount M $[redacted] and value < $[redacted]. Guidelines require min of [redacted] and [redacted]. Comp Factors: [redacted] FICO, DSCR > [redacted].     04/20/2022 2 B B B B B B B B B B   IN Investment Purchase   D B B B     D A   N/A No
218940472 [redacted] [redacted]   26981625     Credit Insurance Insurance Documentation Insurance [redacted] insurance is required on all properties and there is no evidence of this insurance in the file.           Reviewer Comment (2022-05-05): HOI policy, [redacted] has [redacted] months [redacted] coverage indicated


Buyer Comment (2022-05-04): Please cancel. [redacted] POLICY and Endorsements -[redacted] -[redacted] months for each endorsement [redacted]		 05/05/2022     1 C A C A C A C A C A   NC Investment Purchase   D B C B     D A   N/A No
218940472 [redacted] [redacted]   26981627     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): [redacted] were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   NC Investment Purchase   D B C B     D A   N/A No
218940472 [redacted] [redacted]   26981628     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___. The lender gave an exception to the guideline requirements with the compensating factors being [redacted] credit score and DSCR>[redacted]. Borrowers made a down payment from their [redacted] on this purchase transaction of at least [redacted] and $[redacted].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by [redacted].		 lender granted guideline exception, with comp factors, [redacted] SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-04-20): [redacted] granted guideline exception, with comp factors, [redacted]     04/20/2022 2 B B B B B B B B B B   NC Investment Purchase   D B C B     D A   N/A No
218940473 [redacted] [redacted]   26981630     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   TX Investment Purchase   D A C A     D A   N/A No
218940473 [redacted] [redacted]   26981631     Credit Credit Miscellaneous Guideline Credit Exception:   Please provide the following for [redacted], the [redacted]% member of [redacted] LLC. 1) Articles of formation; 2) [redacted] dated within [redacted] days of closing       Reviewer Comment (2022-05-16): articles of formation information from [redacted] received, [redacted]


Buyer Comment (2022-05-13): Please see attached.


Buyer Comment (2022-05-04): RO [redacted]


Buyer Comment (2022-05-04): Reached out for the [redacted].


Buyer Comment (2022-05-04): Please see attached		 05/16/2022     1 C A C A C A C A C A   TX Investment Purchase   D A C A     D A   N/A No
218940474 [redacted] [redacted]   26981633     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: 2   The file is missing a copy of the [redacted] valuation required for [redacted] purposes.       Reviewer Comment (2022-05-03): [redacted] were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940474 [redacted] [redacted]   26981634     Credit Credit Miscellaneous Guideline Credit Exception:   Exception granted for Borrower having a [redacted] for [redacted] in [redacted] and [redacted]. Guidelines do not allow for a Borrower to have a previous [redacted]. Comp factors: [redacted] credit score, [redacted] LTV, >[redacted] DSCR. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.

The representative FICO score exceeds the guideline minimum by at least [redacted] points.		 Fico [redacted] SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-04-20): Exception granted for Borrower having a [redacted] in [redacted] and [redacted]. Guidelines do not allow for a Borrower to have a previous [redacted]. Comp factors: [redacted] credit score, [redacted] LTV, >[redacted] DSCR.     04/20/2022 2 B B B B B B B B B B   NC Investment Refinance - Cash-out - Other   D B B B     D A   N/A No
218940475 [redacted] [redacted]   26981636     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   PA Investment Purchase   D A C A     D A   N/A No
218940475 [redacted] [redacted]   26981637     Credit Credit Miscellaneous Guideline Credit Exception:   Access letter not located in file that joint account owner is the Borrower's spouse to have full access to funds for closing/reserves.       Reviewer Comment (2022-05-05): access letter not required for spouse on account


Buyer Comment (2022-05-04): Please cancel. Access letter not required for accounts joint with spouse.		 05/05/2022     1 C A C A C A C A C A   PA Investment Purchase   D A C A     D A   N/A No
218940476 [redacted] [redacted]   26981638     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940477 [redacted] [redacted]   26981642     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   VA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940478 [redacted] [redacted]   26981644     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940479 [redacted] [redacted]   26981645     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940480 [redacted] [redacted]   26981648     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940480 [redacted] [redacted]   26981649     Credit Credit Miscellaneous Guideline Credit Exception:   [redacted] is dated [redacted], which is greater than [redacted] days of closing. Please provide a [redacted] dated within [redacted] days of closing.       Reviewer Comment (2022-05-05): updated [redacted] received


Buyer Comment (2022-05-05): Please see attached [redacted]		 05/05/2022     1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940481 [redacted] [redacted]   26981650     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided           Reviewer Comment (2022-05-05): Exception Cleared : Received a Certified Tax Letter from Title for Subject property, reflecting Annual Tax of $[redacted]. (Doc ID : [redacted])


Buyer Comment (2022-05-04): Please see attached.		 05/05/2022     1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940481 [redacted] [redacted]   26981652     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   MI Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940482 [redacted] [redacted]   26981654     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   TX Investment Purchase   D A A A     D A   N/A No
218940483 [redacted] [redacted]   26981657     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   OH Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940485 [redacted] [redacted]   26981660     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   MO Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940485 [redacted] [redacted]   26981661     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Not dated within [redacted] days.       Reviewer Comment (2022-05-05): Certificate of Good Standing is provided Doc ID: [redacted], Hence Cleared the Exception.


Buyer Comment (2022-05-04): Please see attached.		 05/05/2022     1 C A C A C A C A C A   MO Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940486 [redacted] [redacted]   26981663     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   MI Investment Purchase   D A A A     D A   N/A No
218940487 [redacted] [redacted]   26981665     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940488 [redacted] [redacted]   26981667     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   VA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940488 [redacted] [redacted]   26981668     Credit Credit Miscellaneous Guideline Credit Exception:   Liens and judgements listed on title commitment in file that require clearance.       Reviewer Comment (2022-05-16): [redacted] shows judgements cleared off


Buyer Comment (2022-05-13): Please cancel the last document received from title agent is [redacted] as those judgments listed on the title did not belong to the borrower or guarantor so they were removed by the title agent.


Reviewer Comment (2022-05-09): [redacted], revised [redacted], shows multiple judgements. These are X-ed out, but this does not appear to have been done by the title company


Buyer Comment (2022-05-06): Please cancel. There are no judgments listed on title commitment. The judgment on credit was released. Please cancel.		 05/16/2022     1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940489 [redacted] [redacted]   26981670     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940490 [redacted] [redacted]   26981672     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   MO Investment Purchase   D A C A     D A   N/A No
218940490 [redacted] [redacted]   26981673     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___.         Reviewer Comment (2022-05-09): min loan amount for this loan, since DSCR over [redacted] is $[redacted]


Buyer Comment (2022-05-06): Please cancel. [redacted] minimum loan amount is $[redacted].		 05/09/2022     1 C A C A C A C A C A   MO Investment Purchase   D A C A     D A   N/A No
218940491 [redacted] [redacted]   26981679     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940492 [redacted] [redacted]   26981675     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940492 [redacted] [redacted]   26981676     Credit Credit Miscellaneous Guideline Credit Exception:   The loan file does not document the release of lien for the $[redacted] tax lien listed on the fraud report.       Reviewer Comment (2022-05-06): guarantor's tax lien does not need to be paid off per guidelines


Buyer Comment (2022-05-05): Please cancel. Borrower is an entity the guarantors tax lien would not be required.		 05/06/2022     1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940493 [redacted] [redacted]   26981678     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   MD Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940494 [redacted] [redacted]   26981682     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940495 [redacted] [redacted]   26981684     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   VA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940496 [redacted] [redacted]   26981687     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-03): CDA's were batch uploaded by deal set up team 05/03/2022     1 D A D A D A D A D A   NH Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940496 [redacted] [redacted]   26981688     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Property was obtained per title commitment and appraisal in file [redacted]. Subject closed [redacted] <[redacted] days max ltv [redacted] % per guidelines.       Reviewer Comment (2022-05-19): delayed financing ok to have note date past [redacted] days, as long as initial application date is within [redacted] days of purchase date


Buyer Comment (2022-05-19): Please cancel. Our [redacted] days applies to the application date.


Buyer Comment (2022-05-05): reached out.		 05/19/2022     1 C A C A C A C A C A   NH Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940496 [redacted] [redacted]   26981689     Credit Credit Miscellaneous Guideline Credit Exception:   The loan file does not contain a signed property management agreement with [redacted], [redacted]       Reviewer Comment (2022-05-06): property management agreement not required by the guidelines


Buyer Comment (2022-05-05): Please cancel as this is not a requirement of our guidelines.		 05/06/2022     1 C A C A C A C A C A   NH Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940498 [redacted] [redacted]   26981693     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940499 [redacted] [redacted]   26981695     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940500 [redacted] [redacted]   26981699     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940502 [redacted] [redacted]   26981700     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided           Reviewer Comment (2022-05-05): tax amount received, from title company, which is acceptable 3rd party verification


Reviewer Comment (2022-05-05): Exception Remain : Tax Cert is not provided, Provided document is HOA Doc. (Doc ID: [redacted] & [redacted])


Buyer Comment (2022-05-04): Tax Certificate		 05/05/2022     1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940502 [redacted] [redacted]   26981702     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940503 [redacted] [redacted]   26981704     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   CT Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940504 [redacted] [redacted]   26981705     Credit Fraud General Fraud OFAC not dated within time period required by guidelines   The [redacted] was not dated within [redacted] days of closing for the borrowing entity and the guarantor.       Reviewer Comment (2022-05-06): Exception Cleared : Received Latest [redacted] document Dated [redacted], (Doc ID : [redacted])


Buyer Comment (2022-05-05): Updated [redacted] uploaded.		 05/06/2022     1 C A C A C A C A C A   NJ Investment Purchase   D A C A     D A   N/A No
218940504 [redacted] [redacted]   26981707     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   NJ Investment Purchase   D A C A     D A   N/A No
218940504 [redacted] [redacted]   26981708     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   The [redacted] in file is not dated within [redacted] days of closing as required by guidelines.       Reviewer Comment (2022-05-06): Exception Cleared : Received Latest Certificate of Good Standing Dated [redacted]. (Doc ID: [redacted])


Buyer Comment (2022-05-05): Updated [redacted] uploaded.


Buyer Comment (2022-05-05): reached out.		 05/06/2022     1 C A C A C A C A C A   NJ Investment Purchase   D A C A     D A   N/A No
218940505 [redacted] [redacted]   26981711     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   NM Investment Purchase   D A A A     D A   N/A No
218940506 [redacted] [redacted]   26981713     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940507 [redacted] [redacted]   26981715     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940508 [redacted] [redacted]   26981717     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   OH Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940509 [redacted] [redacted]   26981724     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940510 [redacted] [redacted]   26981720     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   CT Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940510 [redacted] [redacted]   26981721     Credit Credit Miscellaneous Guideline Credit Exception:   Please provide a copy of the Background report for the Borrowing Entity. (Per Operating agreement entity formed [redacted])       Reviewer Comment (2022-05-09): background report not required because entity is less than [redacted] days old


Buyer Comment (2022-05-06): Please cancel as business was established [redacted]. Per the operating agreement.		 05/09/2022     1 C A C A C A C A C A   CT Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940510 [redacted] [redacted]   26981722     Credit Credit Miscellaneous Guideline Credit Exception:   Letter of explanation from Borrower why the Operating Agreement has a formation date of [redacted], and entity only filed with [redacted] ([redacted]).       Reviewer Comment (2022-05-09): lender's legal dept. has determined this to be a non-issue. no guideline could be located to support this being a violation


Buyer Comment (2022-05-09): Please cancel. Per our legal review team this is not an issue. The formation date in the operating agreement in [redacted] is correctly stated and matches the filing date. The operating agreement is date [redacted] which is not the same thing. Please cancel this exception. If a certain clause or language can be pointed out to make this an issue, please provide those details otherwise this expception is not valid.


Buyer Comment (2022-05-09): Reached out to our legal review team for further guidance on whether or not an explanation is warranted. Our guidelines do not speak to this.


Reviewer Comment (2022-05-09): The borrower formed the entity in [redacted], as the [redacted] states, but did not file it with the state for [redacted] months.


Buyer Comment (2022-05-06): Please cancel. Borrower could operate as a sole proprietor and then decide to form a registered LLC with the state.		 05/09/2022     1 C A C A C A C A C A   CT Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940511 [redacted] [redacted]   26981726     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   AZ Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940511 [redacted] [redacted]   26981727     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   The [redacted] in file is not dated within [redacted] days of closing as required by guidelines.       Reviewer Comment (2022-05-09): updated [redacted] received


Buyer Comment (2022-05-06): Please see attached.


Buyer Comment (2022-05-06): reached out.		 05/09/2022     1 C A C A C A C A C A   AZ Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940512 [redacted] [redacted]   26981729     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940513 [redacted] [redacted]   26981731     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940514 [redacted] [redacted]   26981735     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   NM Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940514 [redacted] [redacted]   26981736     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   [redacted] months reserves required and no bank statements and/or closing statements from other transactions for liquidity in file.       Reviewer Comment (2022-05-09): Closing Statement is provided Doc ID: [redacted] Hence Cleared the Exception.


Buyer Comment (2022-05-06): Please see attached.		 05/09/2022     1 C A C A C A C A C A   NM Investment Refinance - Rate/Term   D A C A     D A   N/A No
218940515 [redacted] [redacted]   26981732     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940516 [redacted] [redacted]   26981738     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   Secondary valuation not provided.       Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   CA Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940517 [redacted] [redacted]   26981740     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940518 [redacted] [redacted]   26981742     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940519 [redacted] [redacted]   26981744     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   FL Investment Purchase   D A A A     D A   N/A No
218940520 [redacted] [redacted]   26981746     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   TX Investment Purchase   D A A A     D A   N/A No
218940521 [redacted] [redacted]   26981751     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   NJ Investment Purchase   D A C A     D A   N/A No
218940521 [redacted] [redacted]   26981753     Credit Guideline Guideline Issue Guideline Aged document: Primary Valuation is older than guidelines permit - The appraisal exceeds [redacted] and [redacted] days from the Note date, and the file does not contain a approved exception to extend the expiration date. The file does contain a 442 with an effective date of [redacted] and a signature report date of [redacted]. Both of these dates are over [redacted] days past date of appraisal. A lender exception was not located in the file.       Reviewer Comment (2022-05-09): 1004D in file, dated [redacted]


Buyer Comment (2022-05-06): Please cancel. 1004D provided to support value has not declined per our guidelines the date of the 1004D would be the date used to calculate the expiration. Please cancel.		 05/09/2022     1 C A C A C A C A C A   NJ Investment Purchase   D A C A     D A   N/A No
218940522 [redacted] [redacted]   26981748     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-09): CDA received 05/09/2022     1 D A D A D A D A D A   MA Investment Purchase   D A A A     D A   N/A No
218940523 [redacted] [redacted]   26981750     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   OH Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940524 [redacted] [redacted]   26981756     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be [redacted]. [redacted] valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-11): [redacted] received 05/11/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940524 [redacted] [redacted]   26981757     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of [redacted] not provided   Missing Certificate of [redacted] for [redacted].       Reviewer Comment (2022-05-09): [redacted] in file is acceptable


Buyer Comment (2022-05-09): Verification of [redacted] status of all [redacted], including [redacted], can be seen at the bottom of the [redacted] for [redacted]


Reviewer Comment (2022-05-09): Certificate of [redacted] for [redacted] is not provided in the file, Hence Exception Remains.


Buyer Comment (2022-05-06): Please see attached.


Buyer Comment (2022-05-06): reached out.		 05/09/2022     1 C A C A C A C A C A   IL Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940524 [redacted] [redacted]   26981758     Credit Credit Miscellaneous Guideline Credit Exception:   Exception to use original credit report that is now [redacted] days old. Guidelines require a new credit report to be pulled after [redacted] days. DSCR over [redacted] and [redacted] add on to the rate. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by [redacted].		 DSCR [redacted] SitusAMC

SitusAMC,Originator		 Reviewer Comment (2022-04-27): Exception to use original credit report that is now [redacted] days old. Guidelines require a new credit report to be pulled after [redacted] days. DSCR over [redacted] and [redacted] add on to the rate.     04/27/2022 2 B B B B B B B B B B   IL Investment Refinance - Rate/Term   D B C B     D A   N/A No
218940525 [redacted] [redacted]   26981760     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   OR Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940526 [redacted] [redacted]   26981762     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   NM Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940527 [redacted] [redacted]   26981764     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-09): CDA received 05/09/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940528 [redacted] [redacted]   26981768     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940529 [redacted] [redacted]   26981765     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940529 [redacted] [redacted]   26981766     Credit Guideline Guideline Issue Guideline Aged document: Primary Valuation is older than guidelines permit -         Reviewer Comment (2022-05-09): credit manager "ok" in file, [redacted]


Buyer Comment (2022-05-06): Please cancel. [redacted] approval to extend appraisal expiration to [redacted] days.		 05/09/2022     1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
218940530 [redacted] [redacted]   26981770     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-09): cda received 05/09/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940531 [redacted] [redacted]   26981772     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   AZ Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940532 [redacted] [redacted]   26981774     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   IN Investment Purchase   D A A A     D A   N/A No
218940533 [redacted] [redacted]   26981776     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940534 [redacted] [redacted]   26981778     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940535 [redacted] [redacted]   26981780     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   TX Investment Purchase   D A A A     D A   N/A No
218940536 [redacted] [redacted]   26981782     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-10): cda recieved 05/10/2022     1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A     D A   N/A No
218940537 [redacted] [redacted]   26981787     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   IL Investment Refinance - Rate/Term   D A A A     D A   N/A No
218940538 [redacted] [redacted]   26981785     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   PA Investment Purchase   D A A A     D A   N/A No
218940539 [redacted] [redacted]   26981789     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2           Reviewer Comment (2022-05-06): CDA's were batch uploaded by deal set up team 05/06/2022     1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A A A     D A   N/A No