Exhibit 99.1 Schedule 2
Exception Grades
Run Date - 5/16/2025 3:22:52 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 |
| [Redacted} | 12024080462 | 12024080462 | 32854441 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2024-11-01): Received Buyer Comment (2024-10-30): Title supplement attached. thank you |
11/01/2024 | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Purchase | C | B | C | B | C | A | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||||
| [Redacted} | 12024080462 | 12024080462 | 32854444 | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted] Interim Closing Disclosure Timing Test | [redacted] Integrated Disclosure - Corrected Closing Disclosure provided on or after [redacted] contains a change in APR and was not received by borrower at least [redacted] business days prior to consummation | Corrected Closing Disclosure provided on or after [redacted] contains a change in APR and was not received by borrower at least [redacted] business days prior to consummation. | Reviewer Comment (2024-10-14): [redacted] received CD dated [redacted] Buyer Comment (2024-10-11): attached signed CD [redacted], note date [redacted] Thank you |
10/14/2024 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | TRID timing exception, no remediation available. | C | B | C | B | C | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redacted} | 12024080462 | 12024080462 | 32854446 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender approved exception for a borrower who lives rent-free with someone other than a spouse. Compensating Factors: [redacted] Good FICO score of [redacted] and depth of credit.[redacted] Strong reserves of [redacted] months. [redacted] Good residual income over [redacted] Condition not waived due to the stated compensating factors not being met. |
Borrower has verified disposable income of at least $[redacted]. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. |
Reserves: [redacted] Guideline Requirement: [redacted] |
SitusAMC Originator Pre-Close,SitusAMC SitusAMC |
Reviewer Comment (2024-10-15): Waived with compensating factors per lender exception approval at origination. Buyer Comment (2024-10-11): exceptions |
10/15/2024 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | C | B | C | B | C | A | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||
| [Redacted} | 12024100775 | 12024100775 | 32854458 | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than [redacted] days prior to the note date. | - | Lender exception was requested and approved to extend the credit report to [redacted] days. Compensating factors include low DTI, and borrower has been self-employed for [redacted] years. | Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Documentation Type: [redacted] Disposable Income: $[redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2024-12-16): Client elects to waive with compensating factors. |
12/16/2024 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||
| [Redacted} | 12024100775 | 12024100775 | 32854461 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception was requested and approved for [redacted] months rent payment made by a non-borrower individual, and June [redacted] rent paid in cash. Compensating factors include low DTI and borrower being self-employed for [redacted] years. | Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Documentation Type: [redacted] Disposable Income: $[redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2024-12-16): Client elects to waive with compensating factors. |
12/16/2024 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | A | A | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||
| [Redacted} | 12024110156 | 12024110156 | 32854463 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title policy is Preliminary or Commitment, and not a Final Title policy not provided | Reviewer Comment (2025-01-08): Cleared. |
01/08/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Purchase | B | A | B | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redacted} | 12024110156 | 12024110156 | 32854464 | Compliance | Compliance | Federal Compliance | TRID | [redacted] [redacted] Tolerance Violation With Sufficient Cure Provided At Closing | [redacted] Integrated Disclosure: [redacted] Tolerance exceeded. Total amount of [redacted] exceeds tolerance of [redacted] plus [redacted] Sufficient or excess cure was provided to the borrower at Closing. | [redacted] Tolerance exceeded. Total amount of [redacted] exceeds tolerance of [redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2024-12-11): Sufficient Cure Provided At Closing |
12/11/2024 | 1 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Purchase | Final CD evidences Cure | B | A | B | A | A | A | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redacted} | 12024110156 | 12024110156 | 32854465 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | Title Policy provided [redacted] Amount of[redacted] is less than the note amount of [redacted] based on the Preliminary in file. | Reviewer Comment (2025-01-08): Cleared. Buyer Comment (2025-01-06): Please find updated pages of Title attached. Thank you. |
01/08/2025 | 1 | B | A | B | A | B | A | B | A | B | A | NV | Primary | Purchase | B | A | B | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redacted} | 12024110253 | 12024110253 | 32854467 | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted] Initial Closing Disclosure Timing without Waiver | [redacted] Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least[redacted] business days prior to closing. | Initial CD Issued was provided less than [redacted] days prior to closing. | Reviewer Comment (2024-12-17): [redacted] received [redacted] CD [redacted] business days prior to consummation. Buyer Comment (2024-12-16): [redacted] Upload CD |
12/17/2024 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Purchase | No Defined Cure | C | A | A | A | C | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redacted} | 12024110253 | 12024110253 | 32854469 | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted] Tolerance Violation Without Sufficient Cure Provided | [redacted] Integrated Disclosure: [redacted] Tolerance exceeded for Loan Discount Points. Fee Amount of[redacted] exceeds tolerance of [redacted] Insufficient or no cure was provided to the borrower. | Discount points increased from [redacted] without a valid change of circumstance or cure. | Reviewer Comment (2024-12-27): [redacted] received a valid COC. Buyer Comment (2024-12-26): [redacted] Upload COC |
12/27/2024 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redacted} | 12024101123 | 12024101123 | 32854483 | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted] Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure [redacted] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page [redacted]. | Final Closing Disclosure [redacted] on a [redacted] lien purchase transaction did not disclose any Seller paid fees/charges on [redacted] | Reviewer Comment (2024-12-24): [redacted] received ALTA Settlement Statement with seller costs Buyer Comment (2024-12-21): Attached find Settlement Statement showing Seller fees (on left side). This was included in original upload. |
12/24/2024 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | A | A | A | C | A | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redacted} | 12024110882 | 12024110882 | 32854491 | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted] Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | [redacted] Final Closing Disclosure [redacted] on a first lien purchase transaction did not disclose any Seller paid fees/charges on [redacted] | Seller CD is missing in file. | Reviewer Comment (2024-12-26): [redacted] received Seller CD. Buyer Comment (2024-12-24): Seller Settlement Statement attached. |
12/26/2024 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | B | A | A | C | B | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redacted} | 12024110882 | 12024110882 | 32854492 | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted] Tolerance Violation Without Sufficient Cure Provided | [redacted] Integrated Disclosure: [redacted] Tolerance exceeded for Loan Originator Compensation. Fee Amount of [redacted] exceeds tolerance of [redacted]. Insufficient or no cure was provided to the borrower. | [redacted] tolerance exceeded. The COC provided indicates the fee increase was due to the rate lock; however, the rate lock occurred [redacted] business days prior to the issuance of the updated disclosure to borrower per the rate lock agreement in file and COC provided. | Reviewer Comment (2025-01-17): [redacted] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Buyer Comment (2025-01-16): Attached find the docs needed to cure tolerance. Reviewer Comment (2024-12-30): [redacted] received COC dated [redacted] stating rate locked, however as per rate lock document rate was locked on [redacted]. Please provide any missing LE/CD sent within [redacted] days of [redacted] for further analysis. Buyer Comment (2024-12-26): Attached find the [redacted] CD that corresponds with the uploaded COC. Reviewer Comment (2024-12-25): [redacted] File Contains changed circumstance dated [redacted], but a corresponding LE/CD was not provided. Please provide LE/CD for further analysis. Buyer Comment (2024-12-23): Attached find the COC for [redacted] referencing the [redacted] Originator Compensation being added. |
01/17/2025 | 2 | C | B | C | B | C | B | C | B | C | B | VA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redacted} | 12024080931 | 12024080931 | 32854500 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved for borrower to exceed the maximum aggregate loan exposure of [redacted] on the [redacted] ALT Doc program. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
DTI: [redacted]% Guideline Maximum DTI: [redacted]% Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC SitusAMC SitusAMC Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2024-12-26): Client elects to waive with compensating factors. |
12/26/2024 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | N/A | No | ||||||||
| [Redacted} | 12024080931 | 12024080931 | 32854501 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | The file is missing mortgage statement for property located on [redacted] | Reviewer Comment (2025-01-15): Received HOI evidence for [redacted] Buyer Comment (2025-01-15): [redacted] Reviewer Comment (2025-01-15): Received evidence application for new loan on this property was denied; however, we still require evidence of HOI premium for this property, which is not located in the loan file. Reviewer Comment (2025-01-14): The denial letter does not list an address to tie it to the [redacted] provided. Buyer Comment (2025-01-10): Credit denial reports the loan number in the lower right corner on the last page of the denial. Please see attached [redacted] for [redacted] reporting the same loan number to connect the denial to the [redacted] property. Buyer Comment (2025-01-10): [redacted] Reviewer Comment (2025-01-09): The denial letter provided does not list an address to tie it to the property in question. Further, the title commitment is dated [redacted], which is [redacted] months prior to our subject loan closing. Please provide evidence of denial that ties to the property in question for review. Buyer Comment (2025-01-07): title Buyer Comment (2025-01-07): Credit denial Buyer Comment (2025-01-07): Loan on this property with [redacted] was cancelled. Please see denial letter and title commitment reflecting no outstanding mtgs on this property. |
01/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | N/A | No | |||||||||||
| [Redacted} | 12024080931 | 12024080931 | 32854502 | Compliance | Compliance | Federal Compliance | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1: Title Co. Closing Statement Used For Fee Testing Non Material | Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing. Investment occupancy with business purpose cert in file. Business purpose loans exempt from [redacted] HUD-1 requirement. [redacted] informational finding to indicate which document was used to source fees for any applicable testing. | Loan closed using title company settlement statement. This is an [redacted] client can elect to waive. | Reviewer Comment (2025-01-15): File contains settlement statement detailing points and fees, along with signed business purpose certificate. Reviewer Comment (2025-01-15): Reopened Reviewer Comment (2025-01-09): Client elects to waive. |
01/15/2025 | 1 | A | A | A | A | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | N/A | No | |||||||||||||||
| [Redacted} | 12024090424 | 12024090424 | 32854505 | Compliance | Compliance | State Compliance | State Defect | [redacted] Prepayment Penalty | [redacted] Prepayment Penalty: No prepayment penalties are permissible in the state of [redacted] Prepay language states prepay will not exceed maximum permitted by applicable law. | The file contains a[redacted]prepayment penalty. | Reviewer Comment (2024-12-24): Business purpose loan, closing in entity. [redacted] allowed in [redacted] under these circumstances. Buyer Comment (2024-12-24): Prepayment penalties are allowed in [redacted] if the loan closes in the name of the entity, which for this loan it closed in the name of [redacted] Please cancel this condition. |
12/24/2024 | 1 | B | A | B | A | B | A | B | A | B | A | NJ | Investment | Refinance - Cash-out - Other | B | A | A | A | B | A | A | A | Exempt from ATR | N/A | No | ||||||||||
| [Redacted} | 12024100604 | 12024100604 | 32854507 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Maximum Loan Amount discrepancy. | Note loan amount of ___ is greater than Guideline maximum loan amount of ___. | Lender exception was requested and approved for loan amount of [redacted] at [redacted] LTV versus maximum loan amount of [redacted] at [redacted]. Compensating factors include subject property being a new construction, with approximately [redacted] square feet on [redacted] acres land, with [redacted] acres of woods, credit residual income, DTI is approximately [redacted] month per bank statements. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Documentation Type: [redacted] Disposable Income: $[redacted] Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC Originator Pre-Close,Originator,SitusAMC SitusAMC Originator Pre-Close,SitusAMC SitusAMC SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2024-12-20): Client elects to waive with compensating factors. |
12/20/2024 | 2 | B | B | B | B | B | B | B | B | B | B | GA | Primary | Purchase | C | B | C | B | C | B | B | A | Exempt from ATR | Exempt from ATR | No | |||||||
| [Redacted} | 12024100604 | 12024100604 | 32854509 | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted] Tolerance Violation Without Sufficient Cure Provided | [redacted] Integrated Disclosure: [redacted] Tolerance exceeded. Total amount of [redacted] exceeds tolerance of [redacted] plus [redacted]. Insufficient or no cure was provided to the borrower. | Insufficient cure amount provided on final CD, file does not contain a valid COC for this fee, nor evidence of cure in file. | Reviewer Comment (2025-01-17): [redacted] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Buyer Comment (2025-01-16): Please see the attached Check copy and tracking slip Buyer Comment (2025-01-16): Please see the attached [redacted] Reviewer Comment (2025-01-06): [redacted] received cure documents for [redacted], however total [redacted] cure required is [redacted]. Please provide additional cure of [redacted] Cure documents consist of [redacted], LOE, proof of mailing & copy of refund check. Buyer Comment (2025-01-03): Please see the attached [redacted] Buyer Comment (2025-01-03): Please see the attached Tracking & Check Copy |
01/17/2025 | 2 | C | B | C | B | C | B | C | B | C | B | GA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | B | C | B | B | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redacted} | 12024100604 | 12024100604 | 32854510 | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted] Tolerance Violation Without Sufficient Cure Provided | [redacted]A Integrated Disclosure: [redacted] Tolerance exceeded for Transfer Tax. Fee Amount of [redacted] exceeds tolerance of [redacted] Insufficient or no cure was provided to the borrower. | Insufficient cure amount provided on final CD, file does not contain a valid COC for this fee, nor evidence of cure in file. | Reviewer Comment (2024-12-27): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception. Buyer Comment (2024-12-26): Please see the attached Final CD. A [redacted] cure was added in section [redacted] for an invalid increase in transfer tax |
12/27/2024 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | B | C | B | B | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redacted} | 12024100604 | 12024100604 | 32854511 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception was requested and approved for a new construction property, with approximately [redacted] with [redacted]. Compensating factors include credit residual income, DTI is approximately [redacted] per bank statements, and borrowers will sell their current home afterward and have even more reserves. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Documentation Type: [redacted] Disposable Income: $[redacted] Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC Originator Pre-Close,Originator,SitusAMC SitusAMC Originator Pre-Close,SitusAMC SitusAMC SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2024-12-20): Client elects to waive with compensating factors. |
12/20/2024 | 2 | B | B | B | B | B | B | B | B | B | B | GA | Primary | Purchase | C | B | C | B | C | B | B | A | Exempt from ATR | Exempt from ATR | No | ||||||||
| [Redacted} | 12024100604 | 12024100604 | 32854512 | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | - | Appraisal transfer letter is missing from the file. | Reviewer Comment (2024-12-26): Received Buyer Comment (2024-12-23): transfer letter |
12/26/2024 | 1 | B | A | B | A | B | A | B | A | B | A | GA | Primary | Purchase | C | B | C | B | C | B | B | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redacted} | 12024100604 | 12024100604 | 32854513 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | The file is missing the tax verification [redacted] | Reviewer Comment (2024-12-26): Received Buyer Comment (2024-12-23): tax cert |
12/26/2024 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | C | B | C | B | C | B | B | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redacted} | 12024100631 | 12024100631 | 32854518 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception was requested and approved per questionnaire [redacted] are currently delinquent for more than [redacted] days, and is causing[redacted]. Per guidelines, no more than [redacted] of the total units in a project may be [redacted] days or more past due on the HOA dues. This is considered ineligible.Compensating factors include required FICO of [redacted] versus qualifying [redacted], and maximum allowed DTI is [redacted] versus qualifying DTI pf [redacted] and no derogatory credit history. | Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Documentation Type: [redacted] Disposable Income: $[redacted] DTI: [redacted]% Guideline Maximum DTI: [redacted]% Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC SitusAMC SitusAMC Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2024-12-20): Client elects to waive with compensating factors. |
12/20/2024 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | C | B | C | B | A | A | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||
| [Redacted} | 12024100631 | 12024100631 | 32854519 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Unable to verify [redacted] months' housing history for borrowers. Also, the LOE in the file disclosed living with relative other than spouse, and the LOE disclosed a different address from that on the final 1003. | Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Documentation Type: [redacted] Disposable Income: $[redacted] DTI: [redacted]% Guideline Maximum DTI: [redacted]% Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC SitusAMC SitusAMC Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2025-01-02): Waived with compensating factors per lender exception approval received in trailing documents. Buyer Comment (2024-12-30): [redacted] Reviewer Comment (2024-12-26): File is still missing property profile report for current address listed on final [redacted] for borrowers. Once that is received, condition can be re-reviewed per exception approval provided. Buyer Comment (2024-12-23): profile Buyer Comment (2024-12-23): exception |
01/02/2025 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Purchase | C | B | C | B | A | A | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||
| [Redacted} | 12024100631 | 12024100631 | 32854520 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception was requested and approved for project in a flood zone [redacted] and HOA does not have Master Flood Policy, making the loan ineligible. Note: Borrower has own flood insurance policy for subject property. Compensating factors include required of [redacted] versus qualifying [redacted] , and maximum allowed DTI is [redacted] versus qualifying DTI pf [redacted], and no derogatory credit history. | Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Documentation Type: [redacted] Disposable Income: $[redacted] DTI: [redacted]% Guideline Maximum DTI: [redacted]% Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC SitusAMC SitusAMC Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2024-12-20): Client elects to waive with compensating factors. |
12/20/2024 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | C | B | C | B | A | A | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||
| [Redacted} | 12024110209 | 12024110209 | 32854522 | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided | Reviewer Comment (2024-12-26): Received Buyer Comment (2024-12-23): Flood |
12/26/2024 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Purchase | C | B | C | A | C | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||||
| [Redacted} | 12024110209 | 12024110209 | 32854524 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redacted]Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted]Percent Fee Tolerance exceeded for Loan Originator Compensation. Fee Amount of [redacted] exceeds tolerance of [redacted]. Insufficient or no cure was provided to the borrower. | Loan Originator Compensation increased without a valid change of circumstance nor cure. | Reviewer Comment (2025-01-14): [redacted] received a valid COC. Buyer Comment (2025-01-10): please see COC attached |
01/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redacted} | 12024110209 | 12024110209 | 32854525 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redacted]Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted]Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of[redacted] exceeds tolerance of [redacted]. Insufficient or no cure was provided to the borrower. | Transfer Tax increased without a valid change of circumstance nor cure. | Reviewer Comment (2025-01-07): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception. Buyer Comment (2025-01-06): Recording fees fall in the [redacted] tolerance category, not [redacted] tolerance category. If you take[redacted] = [redacted] + [redacted] = [redacted](which is the allowable charge) - when you subtract that from[redacted]- you get [redacted] - which is what we gave a credit for. If you add the tolerance of[redacted] for the transfer taxes - you get [redacted] total cure. |
01/07/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redacted} | 12024110209 | 12024110209 | 32854526 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redacted]Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted]Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of [redacted] exceeds tolerance of [redacted] Insufficient or no cure was provided to the borrower. | Loan Discount Points increased without a valid change of circumstance nor cure. | Reviewer Comment (2025-01-14): [redacted] received a valid COC. Buyer Comment (2025-01-10): please see COC attached |
01/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redacted} | 12024110209 | 12024110209 | 32854528 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redacted]Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted]Percent Fee Tolerance exceeded. Total amount of [redacted]exceeds tolerance of [redacted] plus [redacted]or [redacted]. Insufficient or no cure was provided to the borrower. | File does not contain a valid COC for this fee, nor evidence of cure is provided in file. | Reviewer Comment (2025-01-07): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception. Buyer Comment (2025-01-06): Recording fees fall in the [redacted] tolerance category, not [redacted] tolerance category. If you take[redacted] =[redacted] + [redacted]= [redacted] (which is the allowable charge) - when you subtract that from[redacted] - you get [redacted]- which is what we gave a credit for. If you add the tolerance of [redacted] for the transfer taxes - you get [redacted] total cure. |
01/07/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redacted} | 12024110209 | 12024110209 | 32854530 | Compliance | Compliance | Federal Compliance | TRID | TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: [redacted]Percent Fee Tolerance exceeded. Total amount of[redacted]exceeds tolerance of [redacted] plus [redacted]or [redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-01-14): Sufficient Cure Provided At Closing |
01/14/2025 | 1 | A | A | A | A | A | CA | Second Home | Purchase | Final CD evidences Cure | C | B | C | A | C | B | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||||||||
| [Redacted} | 12024110209 | 12024110209 | 32854531 | Compliance | Compliance | Federal Compliance | TRID | TRID [redacted]Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: [redacted]Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of [redacted] exceeds tolerance of [redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-01-14): Sufficient Cure Provided At Closing |
01/14/2025 | 1 | A | A | A | A | A | CA | Second Home | Purchase | Final CD evidences Cure | C | B | C | A | C | B | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||||||||
| [Redacted} | 12024111102 | 12024111102 | 32854537 | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | The file is missing the E-sign Consent Agreement. | Reviewer Comment (2025-01-14): Cleared. Buyer Comment (2025-01-10): Trailing document reflects the Timestamp date of [redacted] on right and shows that the E sign was signed and submitted on [redacted] Reviewer Comment (2025-01-10): The trailing document does not reflect the date when the E-sign Consent Agreement was provided and signed. Buyer Comment (2025-01-08): [redacted]-Upload E Sign History-History reflects borrower receipt and submitted/signed dates from Borrower Reviewer Comment (2025-01-08): E- sign consent not uploaded. Buyer Comment (2025-01-06): [redacted]-Loan Detail |
01/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redacted} | 12024110669 | 12024110669 | 32854557 | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument is missing in the file. | Reviewer Comment (2025-01-02): Received Buyer Comment (2024-12-28): [redacted]-Upload Mortgage |
01/02/2025 | 1 | D | A | D | A | D | A | D | A | D | A | SC | Primary | Purchase | D | A | D | A | B | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redacted} | 12024110669 | 12024110669 | 32854559 | Compliance | Compliance | Federal Compliance | Compliance | Federal HPML Appraisal - CDFI Not Exempt | TILA HPML Appraisal Rule (Dodd-Frank [redacted]): ATR Exempt CDFI loan does not qualify for exemption from Federal HPML Appraisal requirements under [redacted]due to loan failing one or more of the QM requirements under [redacted](i)-(iii) or (vi) (Loan Feature, Loan Term, Points and Fees, or QM APOR Rate Threshold. | Reviewer Comment (2025-01-06): Cleared. |
01/06/2025 | 1 | B | A | B | A | B | A | B | A | B | A | SC | Primary | Purchase | D | A | D | A | B | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redacted} | 12024110669 | 12024110669 | 32854561 | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of revised valuation to applicant[redacted] business days prior to consummation. | Appraisal was not provided [redacted]days prior to closing. | Reviewer Comment (2025-01-06): Cleared. Buyer Comment (2025-01-02): [redacted]-Communication Log Reviewer Comment (2025-01-02): Received same document as in original file. This document states the borrower was emailed a copy of the appraisal; however, it does not confirm that borrower accepted the terms and downloaded the report. As such, the [redacted] day mailbox rule is applied, resulting in a delivery date of [redacted] This is an EV2 that client can elect to waive. Buyer Comment (2024-12-28): [redacted]-E Delivery |
01/06/2025 | 1 | B | A | B | A | B | A | B | A | B | A | SC | Primary | Purchase | D | A | D | A | B | A | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redacted} | 12024110372 | 12024110372 | 32854573 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence [redacted]Lien | TRID Final Closing Disclosure [redacted] on a [redacted]lien purchase transaction did not disclose any Seller paid fees/charges on page [redacted] | Seller Closing Disclosure is missing | Reviewer Comment (2025-01-09): [redacted] received settlement statement Buyer Comment (2025-01-08): Please find attached Master settlement statement. |
01/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | A | A | A | C | A | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redacted} | 12024101204 | 12024101204 | 32854588 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | File is missing evidence of [redacted]property taxes. Document in file does not support lender's use of [redacted] annually in property taxes. | Reviewer Comment (2025-01-08): Provided. Buyer Comment (2025-01-06): tax estimator Buyer Comment (2025-01-06): tax email |
01/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CO | Investment | Refinance - Cash-out - Other | C | A | C | A | B | A | A | A | Exempt from ATR | N/A | No | |||||||||||
| [Redacted} | 12024101204 | 12024101204 | 32854589 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Issue: Ineligible borrower | Per guidelines, borrowers living rent free are ineligible. The final [redacted]indicates borrower has no primary housing expense and LOE from borrower in file confirms this same information. | Reviewer Comment (2025-01-08): Cleared. Buyer Comment (2025-01-06): The guidelines require rent free with no housing history. Borrower has housing history. They own multiple investment properties that housing was reported. |
01/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CO | Investment | Refinance - Cash-out - Other | C | A | C | A | B | A | A | A | Exempt from ATR | N/A | No | |||||||||||
| [Redacted} | 12024101204 | 12024101204 | 32854590 | Compliance | Compliance | Federal Compliance | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1: Title Co. Closing Statement Used For Fee Testing Non Material | Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing. Investment occupancy with business purpose cert in file. Business purpose loans exempt from RESPA HUD-1 requirement. EV2 informational finding to indicate which document was used to source fees for any applicable testing. | File contains title company closing statement. If HUD1 or borrower CD not used in transaction, this is an EV2 information condition that client can elect to waive. | Reviewer Comment (2025-01-14): Cleared. Buyer Comment (2025-01-10): [redacted]-Upload Settlement Statement |
01/14/2025 | 1 | B | A | B | A | B | A | B | A | B | A | CO | Investment | Refinance - Cash-out - Other | C | A | C | A | B | A | A | A | Exempt from ATR | N/A | No | ||||||||||
| [Redacted} | 12024111211 | 12024111211 | 32854592 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Loan was approved at [redacted] DTI, which exceeds guideline maximum of [redacted] | Reviewer Comment (2025-01-09): Received tax certificate for subject property, lowering property taxes. DTI now meets guideline requirement. Buyer Comment (2025-01-07): see attached [redacted] and tax cert- Buyer Comment (2025-01-07): correct tax Buyer Comment (2025-01-07): updated [redacted] |
01/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redacted} | 12024110393 | 12024110393 | 32854594 | Compliance | Compliance | Federal Compliance | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1: Title Co. Closing Statement Used For Fee Testing Non Material | Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing. Investment occupancy with business purpose cert in file. Business purpose loans exempt from RESPA HUD-1 requirement. EV2 informational finding to indicate which document was used to source fees for any applicable testing. | Loan closed using title company closing statement; however, final HUD1 or CD is required. This is an EV2 information condition that client can elect to waive. | Buyer Comment (2025-01-02): we accept an EV2 grade |
01/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | N/A | No | ||||||||||
| [Redacted} | 12024110233 | 12024110233 | 32854597 | Credit | Compliance | Miscellaneous Compliance | Compliance | Transaction Error: Total cash-out on a purchase transaction. | Total Cash Out: ___ | Missing final HUD to verify cash to/from borrower. | Reviewer Comment (2025-01-07): Provided. Buyer Comment (2025-01-03): Please note Borrowers "cashier's check" was for [redacted] which was more than required for closing. The[redacted] is the difference between the cashier's check and the Borrowers actual closing cost. Please clear. Thank you. Buyer Comment (2025-01-03): Please note Borrowers "cashier's check" was for[redacted] which was more than required for closing. The [redacted] is the difference between the cashier's check and the Borrowers actual closing cost. Please clear. Thank you. |
01/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | D | A | C | A | D | A | D | A | Exempt from ATR | N/A | No | ||||||||||
| [Redacted} | 12024110233 | 12024110233 | 32854598 | Credit | Compliance | Miscellaneous Compliance | Compliance | Transaction Error: Borrower is receiving cash back on a purchase loan. | Cash to Borrower: ___ | Missing final HUD to verify cash to/from borrower. | Reviewer Comment (2025-01-22): Provided. Buyer Comment (2025-01-21): Please find attached final HUD-1. Thank you. Reviewer Comment (2025-01-17): The file is missing the final HUD1/Closing Statement to determine cash to/from borrower. Please upload final signed/stamped HUD1/Settlement Statement/Closing Statement for review. Buyer Comment (2025-01-15): Please note Borrowers funds to close - "cashier's check" was for [redacted]which was more than required for closing. The[redacted] is the difference between the cashier's check and the Borrowers actual closing cost. Please clear. Thank you. |
01/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | D | A | C | A | D | A | D | A | Exempt from ATR | N/A | No | ||||||||||
| [Redacted} | 12024110233 | 12024110233 | 32854599 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID:[redacted] | Reviewer Comment (2025-01-22): Cleared. Buyer Comment (2025-01-21): Please find the clear CDA Report attached. Thank you. Buyer Comment (2025-01-21): Please see attached CDA Reviewer Comment (2025-01-07): Final inspection was provided at initial review. Missing secondary valuation. Buyer Comment (2025-01-03): FINAL INSPECTION ATTACHED. THANK YOU. |
01/22/2025 | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Investment | Purchase | D | A | C | A | D | A | D | A | Exempt from ATR | N/A | No | ||||||||||||
| [Redacted} | 12024110233 | 12024110233 | 32854600 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | Disbursement Date Missing Test | Disbursement Date Missing: Evidence of disbursement date not found in file. Prepaid Interest From Date from HUD-1 or final closing disclosure of [redacted] used as disbursement date for compliance testing. | Missing final HUD from file. | Reviewer Comment (2025-01-10): Provided. Buyer Comment (2025-01-08): Please find attached corrected HUD-1. Thank You |
01/10/2025 | 1 | B | A | B | A | B | A | B | A | B | A | AZ | Investment | Purchase | D | A | C | A | D | A | D | A | Exempt from ATR | N/A | No | ||||||||||
| [Redacted} | 12024110233 | 12024110233 | 32854601 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | The settlement statement provided indicates it is an estimate. Please provide final signed/stamped settlement statement for subject transaction, reflecting correct cash from borrower. | Reviewer Comment (2025-01-07): Provided. Buyer Comment (2025-01-03): Please find HUD-1 attached. Thank you. |
01/07/2025 | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Investment | Purchase | D | A | C | A | D | A | D | A | Exempt from ATR | N/A | No | |||||||||||
| [Redacted} | 12024110233 | 12024110233 | 32854602 | Compliance | Compliance | Federal Compliance | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1: Title Co. Closing Statement Used For Fee Testing Non Material | Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing. Investment occupancy with business purpose cert in file. Business purpose loans exempt from RESPA HUD-1 requirement. EV2 informational finding to indicate which document was used to source fees for any applicable testing. | Title company closing statement was used in transaction. If HUD-1/Final CD were not used, this is an information EV2 that client can elect to waive. | Reviewer Comment (2025-01-07): Provided. Buyer Comment (2025-01-03): Please find attached final HUD-1. Thank you. |
01/07/2025 | 1 | B | A | B | A | B | A | B | A | B | A | AZ | Investment | Purchase | D | A | C | A | D | A | D | A | Exempt from ATR | N/A | No | ||||||||||
| [Redacted} | 12024110472 | 12024110472 | 32854603 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-01-08): Cleared. Buyer Comment (2025-01-06): Insurance |
01/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OR | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redacted} | 12024110472 | 12024110472 | 32854606 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | The file is missing insurance verification for REO property and evidence of percent of ownership for entity used in income qualification. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Documentation Type: [redacted] Disposable Income: $[redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC Originator,SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC Originator,SitusAMC |
Reviewer Comment (2025-01-17): Client elects to waive with compensating factors. Buyer Comment (2025-01-15): "Lender accepts. Please waive with available compensating factors" |
01/17/2025 | 2 | C | B | C | B | C | B | C | B | C | B | OR | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||
| [Redacted} | 12024110472 | 12024110472 | 32854607 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - ___ | CPA Letter states co-borrower owns [redacted] of business. However, the business entity listing reflects she is the secretary and income was solely given to the borrower. Please provide evidence of percent of ownership for each borrower. Loan subject to additional conditions once received. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Documentation Type: [redacted] Disposable Income: $[redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC Originator,SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC Originator,SitusAMC |
Reviewer Comment (2025-01-17): Client elects to waive with compensating factors. Buyer Comment (2025-01-15): "Lender accepts. Please waive with available compensating factors" |
01/17/2025 | 2 | C | B | C | B | C | B | C | B | C | B | OR | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||
| [Redacted} | 12024120118 | 12024120118 | 32854616 | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | - | Missing Appraisal Transfer Letter. | Reviewer Comment (2025-01-10): Cleared. Buyer Comment (2025-01-08): Transferred appraisals accepted with the following documentation: o Full color copy of appraisal in a PDF format (inclusive of [redacted]rent schedules and or [redacted] if applicable) o The appraisal must have been completed by an Appraisal Management Company (AMC). Appraisal must be less than[redacted]days old at note date. o Provide [redacted] with a copy of the appraisal invoice. Appraisal transfer letter not required. Please waive exception. |
01/10/2025 | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Refinance - Cash-out - Other | B | A | A | A | B | A | B | A | Exempt from ATR | N/A | No | ||||||||||
| [Redacted} | 12024120118 | 12024120118 | 32854617 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial [redacted] | Missing Initial [redacted]. | Reviewer Comment (2025-01-10): Provided. Buyer Comment (2025-01-08): Please see attached Initial [redacted]. |
01/10/2025 | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Refinance - Cash-out - Other | B | A | A | A | B | A | B | A | Exempt from ATR | N/A | No | |||||||||||
| [Redacted} | 12024120118 | 12024120118 | 32854618 | Compliance | Compliance | Federal Compliance | Missing Application Date | Missing Initial Loan Application Test | No evidence of application date located in file. Compliance tests were run using an application date of [redacted] which is [redacted]months prior to consummation. A lookback was performed to determine this application date. | Missing Initial Loan Application. | Reviewer Comment (2025-01-10): Cleared. Buyer Comment (2025-01-08): Please see attached Initial [redacted]. |
01/10/2025 | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Refinance - Cash-out - Other | B | A | A | A | B | A | B | A | Exempt from ATR | N/A | No | ||||||||||
| [Redacted} | 12024120118 | 12024120118 | 32854619 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final [redacted] | Reviewer Comment (2025-01-15): Cleared. Buyer Comment (2025-01-13): [redacted] |
01/15/2025 | 1 | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | B | A | A | A | B | A | B | A | Exempt from ATR | N/A | No | |||||||||||||||||
| [Redacted} | 12024120244 | 12024120244 | 32854620 | Compliance | Compliance | Federal Compliance | Missing Application Date | Missing Initial Loan Application Test | No evidence of application date located in file. Compliance tests were run using an application date of [redacted] which is [redacted]months prior to consummation. A lookback was performed to determine this application date. | Reviewer Comment (2025-01-09): Client elects to waive. Buyer Comment (2025-01-07): Please "WAIVE". Thank you. Reviewer Comment (2025-01-07): The uploaded document is missing signature date. Buyer Comment (2025-01-03): Initial executed [redacted]attached. Thank you. Buyer Comment (2025-01-03): INITIAL [redacted]. THANK YOU! |
01/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TN | Investment | Refinance - Rate/Term | B | B | B | B | B | B | A | A | N/A | N/A | No | |||||||||||
| [Redacted} | 12024120244 | 12024120244 | 32854622 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial [redacted] | Reviewer Comment (2025-01-09): Client elects to waive. Buyer Comment (2025-01-07): Please "WAIVE". Thank you. |
01/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TN | Investment | Refinance - Rate/Term | B | B | B | B | B | B | A | A | N/A | N/A | No | ||||||||||||
| [Redacted} | 12024120244 | 12024120244 | 32854623 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Approved lender exception in file allowing the appraisal that was not completed by an Appraisal Management Company as required by guidelines. Compensating factors are DTI < [redacted], New pending guidelines will allow and CDA to support the value with no variance. | The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. Borrower has verified disposable income of at least $[redacted]. |
DTI: [redacted]% Guideline Maximum DTI: [redacted]% Documentation Type: [redacted] Disposable Income: $[redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2025-01-03): Approved lender exception in file allowing the appraisal that was not completed by an Appraisal Management Company as required by guidelines. Compensating factors are [redacted], New pending guidelines will allow and [redacted] to support the value with no variance. |
01/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TN | Investment | Refinance - Rate/Term | B | B | B | B | B | B | A | A | N/A | N/A | No | ||||||||
| [Redacted} | 12024120244 | 12024120244 | 32854624 | Compliance | Compliance | Federal Compliance | Missing, Incorrect, or Incomplete HUD-1 | Missing Final [redacted]: Title [redacted] Closing Statement Used For Fee Testing Non Material | Missing Final [redacted]: Title Company Closing Statement used for any applicable [redacted], State or Local compliance testing. Investment occupancy with business purpose cert in file. Business purpose loans exempt from [redacted]requirement. [redacted] informational finding to indicate which document was used to source fees for any applicable testing. | Missing Final [redacted]: Title Company Closing Statement used for any applicable [redacted] State or Local compliance testing. Investment occupancy with business purpose cert in file. Business purpose loans exempt from [redacted] requirement. [redacted] informational finding to indicate which document was used to source fees for any applicable testing. | Reviewer Comment (2025-01-07): Cleared. Buyer Comment (2025-01-03): Please find [redacted] attached. Thank you. |
01/07/2025 | 1 | B | A | B | A | B | A | B | A | B | A | TN | Investment | Refinance - Rate/Term | B | B | B | B | B | B | A | A | N/A | N/A | No | ||||||||||
| [Redacted} | 12024100658 | 12024100658 | 32854627 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Prove letter explaining the purpose for the cash out. | Reviewer Comment (2025-01-22): Cleared. Buyer Comment (2025-01-21): [redacted] |
01/22/2025 | 1 | C | A | C | A | C | A | C | A | D | A | NJ | Primary | Refinance - Cash-out - Home Improvement | D | A | D | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redacted} | 12024100658 | 12024100658 | 32854628 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. | Provide verification that all child support obligations are paid in full or that they do not belong to borrower. Final title to be free and clear with no impact to lender. | Reviewer Comment (2025-01-22): Cleared. Buyer Comment (2025-01-22): Amendment removing child support |
01/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Cash-out - Home Improvement | D | A | D | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redacted} | 12024100386 | 12024100386 | 32854656 | Compliance | Compliance | State Compliance | Misc. State Level | Ohio Consumer Sales Practices Act (No Documentation of Tangible Net Benefit Analysis) | [redacted] Consumer Sales Practices Act: Mortgage loan file does not contain documentation of the analysis of the borrower's reasonable tangible net benefit. | Reviewer Comment (2025-01-24): Cleared. Buyer Comment (2025-01-23): please see attached [redacted] |
01/24/2025 | 1 | B | A | B | A | B | A | B | A | B | A | OH | Primary | Refinance - Cash-out - Other | B | A | A | A | B | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redacted} | 12024120318 | 12024120318 | 32854692 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided | Reviewer Comment (2025-01-22): Cleared. Buyer Comment (2025-01-21): [redacted] |
01/22/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Purchase | D | A | D | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||||
| [Redacted} | 12024120318 | 12024120318 | 32854693 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower provided Permanent resident alien card, however final [redacted]is marked as borrower is [redacted] Citizen. Does not appear to affect guidelines. | Reviewer Comment (2025-01-22): Cleared. Buyer Comment (2025-01-21): [redacted] |
01/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | D | A | D | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redacted} | 12024120318 | 12024120318 | 32854694 | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. | The [redacted] is required to verify that they are not affiliated or associated with the borrower's business. | Reviewer Comment (2025-01-22): Cleared. Reviewer Comment (2025-01-22): [redacted] does not verify no affiliation between borrower and[redacted] Buyer Comment (2025-01-21): [redacted] letter |
01/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | D | A | D | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redacted} | 12024120318 | 12024120318 | 32854695 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2025-01-22): Cleared. Buyer Comment (2025-01-21): wire transfer Buyer Comment (2025-01-21): asset breakdown |
01/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | D | A | D | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||||
| [Redacted} | 12024120541 | 12024120541 | 32854703 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Reviewer Comment (2025-01-14): Cleared. Buyer Comment (2025-01-13): P&L |
01/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | C | B | C | B | B | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redacted} | 12024120541 | 12024120541 | 32854705 | Compliance | Compliance | Federal Compliance | TRID | TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for[redacted] Questionnaire. Fee Amount of[redacted]exceeds tolerance of [redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-01-07): Sufficient Cure Provided At Closing |
01/07/2025 | 1 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Purchase | Final CD evidences Cure | C | B | C | B | B | A | A | A | Exempt from ATR | Exempt from ATR | Yes | ||||||||||
| [Redacted} | 12024120541 | 12024120541 | 32854707 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Exception request for an [redacted] type | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Documentation Type: [redacted] Disposable Income: $[redacted] Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC Originator,SitusAMC SitusAMC Originator,SitusAMC SitusAMC Originator,SitusAMC |
Reviewer Comment (2025-01-14): Client elects to waive with compensating factors. Buyer Comment (2025-01-13): Exception |
01/14/2025 | 2 | C | B | C | B | C | B | C | B | C | B | GA | Primary | Purchase | C | B | C | B | B | A | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||
| [Redacted} | 12024120541 | 12024120541 | 32854708 | Compliance | Compliance | Federal Compliance | TRID | TRID [redacted]Percent Tolerance Violation With Sufficient Cure Provided At Closing | [redacted] Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Reinspection Fee. Fee Amount of [redacted] exceeds tolerance of [redacted]. Sufficient or excess cure was provided to the borrower at Closing. | [redacted] Percent Fee Tolerance exceeded for Reinspection Fee. Fee Amount of[redacted] exceeds tolerance of [redacted]Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-01-08): Sufficient Cure Provided At Closing |
01/08/2025 | 1 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Purchase | Final CD evidences Cure | C | B | C | B | B | A | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redacted} | 12024120541 | 12024120541 | 32854709 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Missing profit and loss used for qualifying loan. | Reviewer Comment (2025-01-14): cleared. Buyer Comment (2025-01-13): see attached |
01/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | C | B | C | B | B | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redacted} | 12024120541 | 12024120541 | 32854710 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Rate Lock confirmation document not provided. | Reviewer Comment (2025-01-14): Cleared. Buyer Comment (2025-01-10): Please see attached Rate Lock Confirmation. |
01/14/2025 | 1 | B | A | B | A | B | A | B | A | B | A | GA | Primary | Purchase | C | B | C | B | B | A | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redacted} | 12024080940 | 12024080940 | 32854736 | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Lender exception requested and approved for not having [redacted] months of rent-loss coverage on subject property. Compensating factors include good credit with depth and history of mortgages; strong reserves over [redacted] months verified, and demonstrated savings ability. | 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. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2024-10-24): Client elects to waive with compensating factors. |
10/24/2024 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| [Redacted} | 12024080940 | 12024080940 | 32854737 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | [redacted] Disaster Issue: The subject property is located in a [redacted] disaster that does not have a declared end date. | Disaster Name: ___ Disaster Declaration Date: ___ |
The subject property is located in a FEMA Disaster area. A post-disaster inspection verifying there was no damage to the subject property is required. | Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [redacted]. | SitusAMC,Originator Pre-Close | Reviewer Comment (2024-10-30): Property inspected post-disaster reflecting no damage; however, pre-disaster declaration end date. Buyer Comment (2024-10-28): Please find attached the clear disaster inspection. Thank you. |
10/30/2024 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||
| [Redacted} | 12024090617 | 12024090617 | 32854741 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of [redacted] is less than Cash From Borrower [redacted] | Reviewer Comment (2024-11-29): Received evidence of additional deposit. Buyer Comment (2024-11-26): receipt Buyer Comment (2024-11-26): email Reviewer Comment (2024-11-22): Provide verification of receipt of the [redacted]. Must meet guidelines. Reviewer Comment (2024-11-22): [redacted]of [redacted] is accounted for. Buyer Comment (2024-11-20): EM Buyer Comment (2024-11-20): [redacted] shows additional [redacted] cleared [redacted].- see attached cashier check |
11/29/2024 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024090617 | 12024090617 | 32854743 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: [redacted] reserves months discrepancy. | Calculated [redacted]months reserves of [redacted] is less than Guideline [redacted] months reserves of [redacted]. Guidelines requirement not met. | Reviewer Comment (2024-11-29): Received evidence of additional deposit. Buyer Comment (2024-11-26): see attached docs Reviewer Comment (2024-11-22): Provide verification of receipt of the [redacted]. Must meet guidelines. Buyer Comment (2024-11-20): see attached doc |
11/29/2024 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024100400 | 12024100400 | 32854745 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final[redacted] | Missing Final [redacted]. Only an estimated closing statement provided in loan file. Provide a fully executed or stamped true and certified final [redacted]Closing Statement. | Reviewer Comment (2024-12-24): Received Buyer Comment (2024-12-20): Certified final [redacted] |
12/24/2024 | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110493 | 12024110493 | 32854746 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | (Missing Doc) Missing Note Addendum: Note P&I does not match calculated P&I | If providing corrected Note, the following is required: Corrected Note, [redacted] and proof of delivery to the borrower. | Reviewer Comment (2025-01-27): Cleared. Reviewer Comment (2025-01-10): EXCEPTION HISTORY - Exception Explanation was updated on[redacted] PRIOR Exception Explanation: Note P&I of [redacted]does not match Calculated P&I of [redacted] Reviewer Comment (2025-01-02): EXCEPTION HISTORY - Exception Explanation was updated on [redacted] PRIOR Exception Explanation: Note[redacted]of [redacted] does not match Calculated [redacted] of [redacted] |
01/27/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110493 | 12024110493 | 32854747 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Amortization term discrepancy. | Available Note document reflects incorrect maturity date as [redacted]. Require corrected note document with correct details. If providing corrected Note, the following is required: Corrected Note,[redacted] and proof of delivery to the borrower. | Reviewer Comment (2025-01-27): Clear. Buyer Comment (2025-01-27): [redacted]Please see attached corrected Note reflecting correct P&I and maturity dates Reviewer Comment (2025-01-10): EXCEPTION HISTORY - Exception Explanation was updated on[redacted]PRIOR Exception Explanation: Note amortization term of[redacted]does not match Guideline amortization term of [redacted] Reviewer Comment (2025-01-02): EXCEPTION HISTORY - Exception Explanation was updated on [redacted] PRIOR Exception Explanation: Note amortization term of [redacted] does not match Guideline amortization term of [redacted] |
01/27/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110493 | 12024110493 | 32854748 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Term discrepancy. | Available Note document reflects incorrect maturity date as [redacted] Require corrected note document with correct details. If providing corrected Note, the following is required: Corrected Note, [redacted] and proof of delivery to the borrower. | Reviewer Comment (2025-01-27): Cleared. Reviewer Comment (2025-01-10): EXCEPTION HISTORY - Exception Explanation was updated on [redacted] PRIOR Exception Explanation: Note term of [redacted] does not match Guideline term of [redacted] Reviewer Comment (2025-01-02): EXCEPTION HISTORY - Exception Explanation was updated on [redacted]PRIOR Exception Explanation: Note term of[redacted]does not match Guideline term of [redacted] Reviewer Comment (2024-12-28): Condition is not a duplicate and will be re-reviewed when corrected documents are received. Buyer Comment (2024-12-26): Please CLEAR as this is a duplicate of the condition above! Thank you! |
01/27/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110493 | 12024110493 | 32854750 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Security Instrument Error: Security instrument maturity date and note maturity date do not concur. | Security instrument maturity date reflects [redacted]; however, Note maturity date reflects[redacted]. If providing corrected Note, the following is required: Corrected Note, [redacted]and proof of delivery to the borrower. | Reviewer Comment (2025-01-27): Clear. Buyer Comment (2025-01-27): [redacted]-Upload Note/[redacted]and Destruction Note Affidavit Buyer Comment (2025-01-27): [redacted]-Upload Note/[redacted] and Destruction Note Affidavit Buyer Comment (2025-01-27): [redacted]Upload Note/[redacted]and Destruction Note Affidavit Buyer Comment (2025-01-27): [redacted]Upload Note[redacted]and Destruction Note Affidavit |
01/27/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024090308 | 12024090308 | 32854752 | Credit | Missing Document | General | Missing Document | Missing Document:[redacted] not provided | Reviewer Comment (2024-12-18): Cleared. Buyer Comment (2024-12-16): final [redacted] |
12/18/2024 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| [Redacted} | 12024100437 | 12024100437 | 32854755 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | [redacted] Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Most Recent Valuation Inspection Date: ___ Disaster End Date: ___ Disaster Name: ___ Disaster Declaration Date: ___ |
Please provide a post-disaster inspection verifying there was no damage from [redacted]. The inspection must include exterior photos and the property must be re-inspected after the [redacted] declared end date. The most recent inspection was completed on [redacted] | Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [redacted]. | SitusAMC,Originator | Reviewer Comment (2024-12-24): Property inspected post-disaster reflecting no damage; however, pre-disaster declaration end date. Reviewer Comment (2024-12-24): EXCEPTION HISTORY - Exception Explanation was updated on [redacted]PRIOR Exception Explanation: Most Recent Valuation Inspection Date: [redacted] Disaster End Date: [redacted] Disaster Name: [redacted] Disaster Declaration Date: [redacted] Buyer Comment (2024-12-20): Please note the following compensating factors: Borrowers fico is [redacted] points over the minimum required for a[redacted]. Borrower has reserves of over [redacted] Borrower is an experienced REO/property owner and landlord with excellent credit with minimum credit usage and depth since [redacted] Mortgages never late. No Bk's or foreclosures. Thank you. Reviewer Comment (2024-12-19): Request to waive the exception has been received. Please provide valid compensating factors. Buyer Comment (2024-12-19): Please waive to [redacted], Disaster inspection was completed [redacted], which is after the disaster date, no damage. Thank you. Reviewer Comment (2024-12-18): A [redacted]cannot be used to waive this condition, as there is not a physical inspection of the property performed. The [redacted]reviewer is only reviewing the appraisal report provided to them by the original appraiser. [redacted]reflecting no damage will be required. Buyer Comment (2024-12-17): Please waive to EV2, CDA was completed [redacted], which is after the disaster date, no damage. Thank you. |
12/24/2024 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||
| [Redacted} | 12024100437 | 12024100437 | 32854756 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final [redacted] | Reviewer Comment (2024-12-19): Clear. Buyer Comment (2024-12-17): Please find attached executed [redacted]. Thank you. |
12/19/2024 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| [Redacted} | 12024110455 | 12024110455 | 32854757 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | Provide verification of the most recent [redacted]months of rent payments via cancelled checks or bank statements. Required to support the [redacted] provided from private landlord. | Reviewer Comment (2024-12-20): Clear. Buyer Comment (2024-12-18): Please find attached full [redacted]cancelled checks confirming rental payments along with private [redacted]. Thank you. Buyer Comment (2024-12-18): Please find attached full [redacted]cancelled checks confirming rental payments along with private [redacted][redacted]. Thank you. Buyer Comment (2024-12-18): Please find attached full [redacted]cancelled checks confirming [redacted]payments along with private [redacted][redacted]. Thank you. Buyer Comment (2024-12-18): Please find attached full [redacted]cancelled checks confirming [redacted]payments along with private [redacted]. Thank you. Buyer Comment (2024-12-18): Please find attached full [redacted]cancelled checks confirming [redacted][redacted]along with [redacted][redacted]. Thank you. Buyer Comment (2024-12-18): Please [redacted]attached full [redacted]cancelled checks confirming rental [redacted]along with private [redacted]. Thank you. Buyer Comment (2024-12-18): Please find attached full [redacted]cancelled checks confirming [redacted][redacted]along with private [redacted]. Thank you. Buyer Comment (2024-12-18): Please find attached full [redacted]mths cancelled checks confirming rental payments along with private[redacted]. Thank you. Buyer Comment (2024-12-18): Please find attached full [redacted]mths cancelled checks confirming rental payments along with private [redacted]. Thank you. |
12/20/2024 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110667 | 12024110667 | 32854759 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Approved lender exception provided allowing for both units not meeting square footage guidelines. Unit one is [redacted] sq ft unit two is [redacted]sq ft.[redacted] square feet is the guideline required minimum. | 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. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2024-12-17): [redacted]lender exception provided allowing for [redacted]units not meeting square [redacted]guidelines. Unit [redacted]is [redacted]sq ft unit [redacted]is [redacted]sq ft.[redacted]square [redacted]is the guideline required minimum. |
12/17/2024 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||
| [Redacted} | 12024110689 | 12024110689 | 32854764 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Shortfall of [redacted] No [redacted] in file. | Reviewer Comment (2025-01-14): Cleared. Buyer Comment (2025-01-10): [redacted] Reviewer Comment (2024-12-26): Current guidelines do not state that [redacted]coverage only has to be equal to unpaid principal [redacted]of [redacted]. They [redacted]: The [redacted]principal balance of the [redacted], as long as it at [redacted]equals the minimum amount-[redacted]% of the insurable [redacted]of the [redacted]-required to [redacted]for damage or loss on a [redacted]cost basis. If it does not, then [redacted]that does provide the [redacted][redacted]required amount must be obtained. [redacted]coverage or [redacted]required. Buyer Comment (2024-12-22): [redacted] insurance shows sufficient coverage of $[redacted]covering loan amount of $[redacted] |
01/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IN | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110546 | 12024110546 | 32854770 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final [redacted] | Reviewer Comment (2024-12-27): Received Buyer Comment (2024-12-24): [redacted] Reviewer Comment (2024-12-23): A [redacted][redacted]application is required for all loans. File does not contain any [redacted]application. Buyer Comment (2024-12-19): [redacted]loan does not require a final signed [redacted] |
12/27/2024 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||||||
| [Redacted} | 12024110546 | 12024110546 | 32854771 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Background Check not provided | Reviewer Comment (2024-12-23): Received Buyer Comment (2024-12-19): [redacted] |
12/23/2024 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||||||
| [Redacted} | 12024110546 | 12024110546 | 32854772 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Property inspected post disaster but pre-FEMA declaration of disaster end date. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. |
Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [redacted]. | SitusAMC,Originator Pre-Close SitusAMC |
Reviewer Comment (2024-12-23): [redacted]with [redacted]factors per [redacted] request. Buyer Comment (2024-12-19): [redacted]accepts. Please waive with available [redacted]factors |
12/23/2024 | 2 | C | B | C | B | C | B | C | B | C | B | NC | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||
| [Redacted} | 12024110546 | 12024110546 | 32854773 | Credit | Credit | Credit Documentation | Credit | Missing Document: [redacted]not provided | Reviewer Comment (2024-12-23): Received Buyer Comment (2024-12-19): see attached [redacted]report |
12/23/2024 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||||||
| [Redacted} | 12024110546 | 12024110546 | 32854774 | Credit | Credit | Credit Documentation | Guideline | Aged document: [redacted] is more than [redacted]days prior to the note date. | - | [redacted]Report date is more than [redacted]days prior to the note date or notary date. [redacted][redacted]of credit is [redacted]days prior to the Note date. Updated [redacted]required. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. |
Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [redacted]. | SitusAMC,Originator Pre-Close SitusAMC |
Reviewer Comment (2024-12-23): [redacted]with [redacted]factors per [redacted]request. Buyer Comment (2024-12-19): exception |
12/23/2024 | 2 | C | B | C | B | C | B | C | B | C | B | NC | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||
| [Redacted} | 12024110546 | 12024110546 | 32854775 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: [redacted]not provided | Provide verification of[redacted] months rent received from subject property, due to [redacted]converting to [redacted] to month. | Reviewer Comment (2024-12-23): Received lease extension dated [redacted] Buyer Comment (2024-12-19): [redacted] extension |
12/23/2024 | 1 | C | A | C | A | C | A | C | A | D | A | NC | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110546 | 12024110546 | 32854776 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | [redacted]Disaster Issue: The most recent [redacted]inspection is dated prior to the most recent [redacted]disaster. | Most Recent Valuation Inspection Date: ___ Disaster End Date: ___ Disaster Name: ___ Disaster Declaration Date: ___ |
Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [redacted]. | SitusAMC,Originator Pre-Close | Reviewer Comment (2024-12-27): Property [redacted]post-disaster reflecting no [redacted]; [redacted], [redacted] [redacted]end date. |
12/27/2024 | 2 | B | B | B | B | B | NC | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||||
| [Redacted} | 12024100769 | 12024100769 | 32854788 | Credit | Title | General | Title | Title Policy [redacted]is less than[redacted] | Reviewer Comment (2025-01-03): Cleared. Buyer Comment (2024-12-31): Please see the attached Title Prelim with updated loan amount |
01/03/2025 | 1 | B | A | B | A | B | A | B | A | B | A | NJ | Investment | Refinance - Rate/Term | B | A | B | A | A | A | N/A | No | |||||||||||||||
| [Redacted} | 12024110652 | 12024110652 | 32854810 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is [redacted]or [redacted], and not a [redacted] | Reviewer Comment (2024-12-20): Cleared. |
12/20/2024 | 1 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Purchase | B | A | B | A | A | A | N/A | No | |||||||||||||||
| [Redacted} | 12024110652 | 12024110652 | 32854811 | Credit | Title | Document Error | Title | The [redacted]title policy is within [redacted]or [redacted]and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate [redacted] is [redacted]. | Reviewer Comment (2024-12-20): Cleared. Buyer Comment (2024-12-18): [redacted]/[redacted]-Upload Title |
12/20/2024 | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Purchase | B | A | B | A | A | A | N/A | No | |||||||||||||||
| [Redacted} | 12024110792 | 12024110792 | 32854813 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: [redacted]of [redacted]Standing not provided | [redacted]of [redacted]Standing is missing for [redacted][redacted]a [redacted] | Reviewer Comment (2025-01-03): Cleared. Buyer Comment (2024-12-31): Please see attached [redacted] of [redacted]Standing. Thank you. Reviewer Comment (2024-12-23): Document [redacted]does not reflect standing of [redacted][redacted]. It just reflects that the entity exists. [redacted]evidence borrowing entity was in [redacted]standing at or before [redacted]. Buyer Comment (2024-12-19): Please find attached "[redacted] pulled from the [redacted] of [redacted]website. Thank you. |
01/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110844 | 12024110844 | 32854816 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]exception approving the loan closing in an [redacted][redacted][redacted]business purpose is not for [redacted]/[redacted]real estate. [redacted]factors provided. | 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. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2024-12-16): [redacted][redacted]approving the loan closing in an entity whose [redacted][redacted]purpose is not for [redacted]/[redacted]real estate. [redacted] factors [redacted]. |
12/16/2024 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| [Redacted} | 12024110844 | 12024110844 | 32854817 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: [redacted]of [redacted]Standing not provided | [redacted]of [redacted]Standing provided in loan file is dated [redacted]days prior to [redacted]e, which does not meet [redacted]requirement of no more than [redacted]days prior to [redacted] | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Seasoned Borrower/Investor whose experience exceeds [redacted] completed projects. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] # of Properties Completed: [redacted] # of Projects (last [redacted] months): # of Renovation Projects Completed (purchased and exited): Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2024-12-18): Certificate of [redacted]Standing provided in loan file is dated [redacted]days prior to Note date, which does not meet guideline requirement of no more than [redacted] days prior to [redacted] Buyer Comment (2024-12-16): [redacted]accepts. Please waive with available [redacted]factors |
12/18/2024 | 2 | C | B | C | B | C | B | C | B | C | B | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| [Redacted} | 12024110567 | 12024110567 | 32854840 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | [redacted]Disaster Issue: The most recent valuation inspection is dated prior to the most recent [redacted]disaster. | Most Recent Valuation Inspection Date: ___ Disaster End Date: ___ Disaster Name: ___ Disaster Declaration Date: ___ |
Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [redacted]. | SitusAMC,Originator | Reviewer Comment (2024-12-27): Property [redacted]post-disaster reflecting no [redacted]; [redacted], pre-disaster declaration end date. |
12/27/2024 | 2 | B | B | B | B | B | NC | Investment | Purchase | A | B | A | B | A | A | N/A | No | ||||||||||||||||
| [Redacted} | 12024110568 | 12024110568 | 32854844 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | [redacted]Disaster Issue: The most recent valuation inspection is dated prior to the most recent [redacted]disaster. | Most Recent Valuation Inspection Date: ___ Disaster End Date: ___ Disaster Name: ___ Disaster Declaration Date: ___ |
Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [redacted]. | SitusAMC,Originator | Reviewer Comment (2024-12-27): Property [redacted][redacted] reflecting no damage; however, pre-disaster [redacted]end date. |
12/27/2024 | 2 | B | B | B | B | B | NC | Investment | Purchase | A | B | A | B | A | A | N/A | No | ||||||||||||||||
| [Redacted} | 12024100344 | 12024100344 | 32854847 | Credit | Insurance | Insurance Analysis | Insurance | [redacted]Coverage: [redacted]insurance coverage amount is [redacted]. | [redacted]coverage is insufficient by $[redacted]. Provide updated policy reflecting increased coverage or provide copy of [redacted][redacted]cost estimate supporting current coverage amount. | Reviewer Comment (2025-01-06): Clear. Buyer Comment (2025-01-02): [redacted] |
01/06/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024100548 | 12024100548 | 32854849 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | [redacted]Requirement: Loan to value discrepancy. | Calculated loan to value [redacted]of ___ exceeds [redacted]loan to value percentage of ___. | Maximum [redacted]for a loan amount less than $[redacted]on a cash out refinance is [redacted]%. Lender approved exception at origination to allow [redacted]% [redacted]. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC | Reviewer Comment (2024-12-23): [redacted]with compensating factors per lender [redacted]approval at [redacted]. |
12/23/2024 | 2 | B | B | B | B | B | B | B | B | B | B | PA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||
| [Redacted} | 12024100548 | 12024100548 | 32854850 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | [redacted]Requirement: [redacted]loan to value discrepancy. | [redacted][redacted]loan to value percentage of ___ exceeds [redacted]combined loan to value percentage of ___. | Maximum [redacted]for a loan amount less than $[redacted]on a cash out refinance is [redacted]%. Lender approved exception at origination to allow [redacted]% [redacted]. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC | Reviewer Comment (2024-12-23): [redacted]with [redacted]factors per lender exception approval at [redacted]. |
12/23/2024 | 2 | B | B | B | B | B | B | B | B | B | B | PA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||
| [Redacted} | 12024110898 | 12024110898 | 32854865 | Credit | Missing Document | General | Missing Document | Missing Document: [redacted]/[redacted]not provided | [redacted] and dated [redacted] is missing from file. | Reviewer Comment (2024-12-28): Received Buyer Comment (2024-12-26): Attached find the [redacted] |
12/28/2024 | 1 | C | A | C | A | C | A | C | A | C | A | CO | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110544 | 12024110544 | 32854868 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | [redacted]Disaster Issue: The most recent valuation inspection is dated prior to the most recent [redacted] disaster. | Most Recent Valuation Inspection Date: ___ Disaster End Date: ___ Disaster Name: ___ Disaster Declaration Date: ___ |
Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [redacted]. | SitusAMC,Originator | Reviewer Comment (2024-12-27): Property inspected post-disaster reflecting no damage; however, pre-disaster declaration end date. Buyer Comment (2024-12-24): Please waive to [redacted], appraisal was completed [redacted]/[redacted]/[redacted], which is after the disaster date, no damage. |
12/27/2024 | 2 | C | B | C | B | C | B | C | B | C | B | NC | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| [Redacted} | 12024110570 | 12024110570 | 32854870 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing [redacted][redacted] | Reviewer Comment (2025-01-02): Received Buyer Comment (2024-12-30): Final [redacted] |
01/02/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||||||
| [Redacted} | 12024100901 | 12024100901 | 32854876 | Credit | Credit | Credit Documentation | Credit | A credit report was not pulled for all [redacted]of the [redacted][redacted]as required by guidelines. | Missing [redacted]. | The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [redacted]%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. The [redacted] is greater than the guideline requirement by [redacted]. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-01-02): [redacted]with [redacted][redacted]per [redacted]request. Buyer Comment (2024-12-30): [redacted]accepts. Please waive with available [redacted]factors |
01/02/2025 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||
| [Redacted} | 12024100901 | 12024100901 | 32854877 | Credit | 1003 | Missing Document | 1003 | Missing[redacted][redacted]/[redacted]. | [redacted] member providing a personal guaranty must complete a [redacted]or [redacted][redacted]. Required for each [redacted]of the [redacted]Agreement. | The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [redacted]%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. The [redacted] is greater than the guideline requirement by [redacted]. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-01-02): [redacted]with [redacted]factors per [redacted]request. Buyer Comment (2024-12-30): [redacted] accepts. Please waive with available [redacted]factors |
01/02/2025 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||
| [Redacted} | 12024110303 | 12024110303 | 32854882 | Credit | Missing Document | General | Missing Document | Missing Document: [redacted]Agreement not provided | [redacted]are required from all tenant occupied properties. [redacted]a fully executed [redacted]agreement from [redacted]unit of the subject property. [redacted][redacted]may [redacted]. | Reviewer Comment (2025-01-06): Cleared. Buyer Comment (2025-01-02): rent receipt Buyer Comment (2025-01-02): [redacted] |
01/06/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WI | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110492 | 12024110492 | 32854890 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match [redacted]address. | - | Desk Review Valuation address does not match [redacted]address | Reviewer Comment (2025-01-08): Cleared. Buyer Comment (2025-01-06): [redacted] |
01/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | RI | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||
| [Redacted} | 12024100222 | 12024100222 | 32854898 | Credit | Documents | Missing Document | Documents | File does not contain documentation from [redacted]/[redacted]confirming the condo is [redacted] | - | File does not [redacted]documentation from [redacted]/[redacted]confirming the [redacted]is [redacted] | Reviewer Comment (2025-01-02): Received Buyer Comment (2024-12-30): [redacted][redacted] |
01/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||||
| [Redacted} | 12024100222 | 12024100222 | 32854899 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved for [redacted] total units with [redacted] investor-owned units making the investor concentration [redacted] which is over the allotted [redacted] per guideline with compensating factors of [redacted] months of reserves.. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. | Reserves: [redacted] Guideline Requirement: [redacted] |
Originator Pre-Close,SitusAMC | Reviewer Comment (2024-12-26): [redacted] elects to waive with compensating factors. |
12/26/2024 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||
| [Redacted} | 12024100283 | 12024100283 | 32854900 | Credit | Documents | Missing Document | Documents | File does not contain documentation from [redacted]/[redacted]confirming the [redacted]is warrantable. | - | Reviewer Comment (2025-01-06): Clear. Buyer Comment (2025-01-02): [redacted]approval |
01/06/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024100283 | 12024100283 | 32854901 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is [redacted]or [redacted], and not a [redacted] | The file was missing a copy of Final Title Policy. | Reviewer Comment (2025-01-06): Clear. |
01/06/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024100283 | 12024100283 | 32854902 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with [redacted] | Title commitment reflects vesting in individual name; however, loan closed in business entity name. | Reviewer Comment (2025-01-06): Clear. Buyer Comment (2025-01-03): [redacted] |
01/06/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110381 | 12024110381 | 32854910 | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | - | File does not contain documentation from lender/seller confirming the [redacted] is warrantable. | Reviewer Comment (2024-12-31): Received Buyer Comment (2024-12-27): Please find attached confirmation the subject property [redacted] was approved internally. Thank you. |
12/31/2024 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||
| [Redacted} | 12024110381 | 12024110381 | 32854911 | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | The appraisal indicates the subject property is leased. A lease agreement was not provided. Additional conditions may apply if the lease if not provided. | Borrower has owned the subject property for at least [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [redacted]%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2024-12-31): Waived with compensating factors per lender exception received in trailing documents. Buyer Comment (2024-12-27): Please find attached the exception for no [redacted] for the subject property. Please "[redacted]" this condition due to the following compensating factors: Borrowers fico is [redacted] higher than the minimum required. The super low[redacted]. The Borrower has a [redacted] score of over [redacted]. Borrower has [redacted] [redacted] reserves of [redacted]. Thank you so much. |
12/31/2024 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||
| [Redacted} | 12024110565 | 12024110565 | 32854917 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved for Purpose and activities are limited to ownership and management of real property. Compensating factor [redacted] [redacted] , reserves are [redacted] above minimum [redacted] months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2024-12-26): Client elects to waive with compensating factors. |
12/26/2024 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||
| [Redacted} | 12024110175 | 12024110175 | 32854919 | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | - | File does not contain documentation from lender/seller confirming the condo is warrantable. | Reviewer Comment (2025-01-08): Received Reviewer Comment (2025-01-08): Document needs to verify the Condo was approved. Form provided only shows that the review was limited. Buyer Comment (2025-01-06): project approval Reviewer Comment (2025-01-06): Document provided does not specify the Condo was approved. Buyer Comment (2025-01-02): project approval |
01/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||
| [Redacted} | 12024110456 | 12024110456 | 32854933 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing | Reviewer Comment (2025-01-06): Clear. Buyer Comment (2025-01-02): attorney email Buyer Comment (2025-01-02): per email from attorney- operating agreement is not required |
01/06/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110456 | 12024110456 | 32854934 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Exception request to use [redacted] months of statements for two accounts as tradelines instead of reference letters. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. | Reserves: [redacted] Guideline Requirement: [redacted] |
SitusAMC | Reviewer Comment (2024-12-31): Exception request to use [redacted] months of statements for [redacted] accounts as tradelines instead of reference letters. |
12/31/2024 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| [Redacted} | 12024090075 | 12024090075 | 32854938 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The file is missing the final [redacted]. Copy in file is an estimate. | Reviewer Comment (2025-01-07): Cleared. Buyer Comment (2025-01-03): Final [redacted] |
01/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110859 | 12024110859 | 32854953 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Reviewer Comment (2025-01-06): Cleared. Buyer Comment (2025-01-02): [redacted] was formed in [redacted] Evidence of good standing (not required for [redacted] formed within the last [redacted]). Please waive exception. |
01/06/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| [Redacted} | 12024110961 | 12024110961 | 32854958 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: [redacted] reserves months discrepancy. | [redacted] months reserves of [redacted] is less than Guideline [redacted] months reserves of [redacted] | Reviewer Comment (2025-01-06): Cleared. Buyer Comment (2025-01-02): [redacted] [redacted] Total; [redacted] Cash Back [redacted] [redacted] [redacted] Total: [redacted] Buyer Comment (2025-01-02): [redacted] |
01/06/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024120080 | 12024120080 | 32854965 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | [redacted] Disaster Issue: The most recent valuation inspection is dated prior to the most recent [redacted] disaster. | Most Recent Valuation Inspection Date: ___ Disaster End Date: ___ Disaster Name: ___ Disaster Declaration Date: ___ |
Post Inspection Report not provided. | Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [redacted]. | SitusAMC,Originator | Reviewer Comment (2025-01-06): Post Inspection Report not provided. Buyer Comment (2025-01-02): Please waive to [redacted], appraisal (or disaster cert) was completed [redacted], which is after the disaster date, no damage. |
01/06/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NC | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||
| [Redacted} | 12024091067 | 12024091067 | 32854973 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. [redacted] | Secondary valuation is not provided in the file. | Reviewer Comment (2025-01-10): Cleared. Buyer Comment (2025-01-08): CDA |
01/10/2025 | 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 | ||||||||||||||
| [Redacted} | 12024091067 | 12024091067 | 32854975 | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative [redacted] score discrepancy. | Representative [redacted] score of ___ is less than Guideline representative [redacted] score of ___. | Minimum [redacted] required for cash out refinance with [redacted] and under[redacted] [redacted] is [redacted]. Approved lender exception provided, allowing the [redacted]to go to [redacted] on a cash out transaction with a [redacted]of [redacted]. Compensating factors are, borrower has [redacted] months of additional reserves than what is guideline required. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. | Reserves: [redacted] Guideline Requirement: [redacted] |
SitusAMC | Reviewer Comment (2025-01-06): Minimum [redacted] required for cash out refinance with [redacted] and under [redacted] is [redacted]. Approved lender exception provided, allowing the [redacted]to go to [redacted] on a cash out transaction with a [redacted] of [redacted]. Compensating factors are, borrower has [redacted] months of additional reserves than what is guideline required. Buyer Comment (2025-01-03): exception |
01/06/2025 | 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 | ||||||||||
| [Redacted} | 12024110149 | 12024110149 | 32854988 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: [redacted] was made "subject to" and Form [redacted] was not provided. | - | Reviewer Comment (2025-01-14): Per [redacted] , if the appraiser is not qualified to evaluate the alternations or repairs, the appraisal must note the deficiencies and be completed "subject to" a satisfactory inspection by a qualified professional. The lender must decide if the inspections is required and whether the property meets eligibility requirements. If the property does not meet eligibility requirements, the lender must provide satisfactory evidence that the condition has been corrected or repaired prior to loan delivery. In this case, the appraiser is not required to review the professionally prepared report, re-inspect the property, or provide form [redacted] The lender must document the decision and rationale in the loan file." A survey was provided with lender correspondence in file. Reviewer Comment (2025-01-09): Email received is unable to be used to clear this condition. [redacted] appraisal update from the appraiser will be required for review. Buyer Comment (2025-01-07): email from appraisal company Buyer Comment (2025-01-07): survey |
01/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | C | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110149 | 12024110149 | 32854989 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: [redacted] coverage amount is insufficient. | Coverage shortfall is[redacted] | Reviewer Comment (2025-01-09): [redacted] property. Received evidence [redacted] is on a replacement cost basis. Buyer Comment (2025-01-07): Replacement cost |
01/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | C | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110509 | 12024110509 | 32854991 | Credit | Missing Document | General | Missing Document | Missing Document: Verification of [redacted] Citizen Status not provided | Borrower permanent resident alien card not provided[redacted] | Reviewer Comment (2025-01-21): Cleared. Buyer Comment (2025-01-17): Please see attached front & back copy of Borrowers valid [redacted]. Thank you. Reviewer Comment (2025-01-16): It will need to be sent to borrower for signature and verification it was sent to the borrower is required. Buyer Comment (2025-01-14): Good morning, [redacted]. Please advise if the [redacted] is crossed out and initial will work to clear this condition? Thank you. Reviewer Comment (2025-01-09): The final [redacted] provided indicates borrower is a permanent resident [redacted]. Buyer Comment (2025-01-07): Borrower is a [redacted] [redacted] . There are no [redacted] on [redacted] , [redacted] or the Fraud Report suggesting Borrower is anything other than a [redacted]. Please clear or advise where in the documentation it reflects anything to the [redacted]. Thanks so much. |
01/21/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Home Improvement | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024120452 | 12024120452 | 32855001 | Credit | Missing Document | General | Missing Document | Missing Document: [redacted] not provided | Final closing statement is missing. Document provided in loan file indicates it is an estimate. | Reviewer Comment (2025-01-06): Cleared. Buyer Comment (2025-01-03): Please find attached final [redacted]. Thank you. |
01/06/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110348 | 12024110348 | 32855002 | Credit | Missing Document | General | Missing Document | Missing Document: Verification of [redacted] Citizen Status not provided | Document to verify [redacted] Citizen Status is missing from the file. | Reviewer Comment (2025-01-21): Cleared. Buyer Comment (2025-01-17): Please find attached Borrowers green card & passport. Thank you! |
01/21/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110837 | 12024110837 | 32855004 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | [redacted] Disaster Issue: Property is located in a [redacted] Disaster area and has not been inspected. | The subject property is located in a [redacted] disaster area and no post disaster inspection report was provided. | Reviewer Comment (2025-01-09): Appraisal received Buyer Comment (2025-01-07): Please find attached [redacted] report dated after the [redacted] disaster. Thank you. |
01/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IN | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110837 | 12024110837 | 32855006 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: [redacted] not provided | [redacted] Appraisal is missing. | Reviewer Comment (2025-01-09): Received Buyer Comment (2025-01-07): Please find attached the [redacted] Appraisal with [redacted] form. Thank you. Buyer Comment (2025-01-07): Please clear as Appraisal & CDA both dated in [redacted] [redacted]. Thank you. |
01/09/2025 | 1 | D | A | D | A | D | A | D | A | D | A | IN | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110837 | 12024110837 | 32855007 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing. [redacted] | Reviewer Comment (2025-01-09): Received Buyer Comment (2025-01-07): Please clear as Appraisal & CDA both dated in [redacted] [redacted]. Thank you. |
01/09/2025 | 1 | D | A | D | A | D | A | D | A | D | A | IN | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redacted} | 12024110837 | 12024110837 | 32855008 | Credit | Missing Document | General | Missing Document | Missing Document: [redacted] Rent Comparison Schedule not provided | Reviewer Comment (2025-01-09): Received Buyer Comment (2025-01-07): Please find attached [redacted]Appraisal with [redacted] form included. Thank you. |
01/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IN | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redacted} | 12024110881 | 12024110881 | 32855016 | Credit | Missing Document | General | Missing Document | Missing Document: [redacted] not provided | Final HUD/CD and closing statement documents are not provided in file. | Reviewer Comment (2025-01-09): Cleared. Buyer Comment (2025-01-07): HUD |
01/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024100448 | 12024100448 | 32855023 | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | - | [redacted] allowed. | Reviewer Comment (2025-01-10): Cleared. Buyer Comment (2025-01-08): Please note [redacted] guideline's under "[redacted]". Thank you. |
01/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||
| [Redacted} | 12024110684 | 12024110684 | 32855026 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Insufficient insurance verified. There is a shortfall amount of [redacted] | Reviewer Comment (2025-01-14): Cleared. Buyer Comment (2025-01-10): the property is located in [redacted]. They will not provide a [redacted] per the insurance agent email. The agent confirmed the policy is covering over [redacted]of the [redacted]. Reviewer Comment (2025-01-10): Provide the [redacted]. Buyer Comment (2025-01-08): insurance email |
01/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110395 | 12024110395 | 32855041 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of [redacted ]is less than Guideline PITIA months reserves of [redacted] | Reviewer Comment (2025-01-15): Received HUD from cash out on additional property reflecting sufficient funds to meet reserve requirement. Buyer Comment (2025-01-14): Borrower used cash out proceeds from another loan with [redacted] for Reserves. See attached HUD Buyer Comment (2025-01-14): Final HUD |
01/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IN | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024120346 | 12024120346 | 32855047 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide rent free letter form home owner verifying that borrower lives rent free and has for past [redacted] months. | Reviewer Comment (2025-01-13): Cleared. Buyer Comment (2025-01-09): [redacted]-Rent free letter |
01/13/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024100112 | 12024100112 | 32855048 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Origination appraisal not provided. Condition will be re-reviewed once appraisal is received. | 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. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2025-01-17): Origination appraisal not provided. Condition will be re-reviewed once appraisal is received. Reviewer Comment (2025-01-17): Cleared by accident. Reviewer Comment (2025-01-17): Cleared. Buyer Comment (2025-01-15): Please note appraisal was dated [redacted] & the [redacted] was dated [redacted] which is after the disaster end date of[redacted]. Please [redacted] to an exception grade of a "[redacted]'. Thank you. Reviewer Comment (2025-01-15): Appraiser must comment on the adverse event and this was not provided. Buyer Comment (2025-01-13): Appraisal attached. Thank you. Reviewer Comment (2025-01-12): The CDA does not clear this condition. Please provide the origination appraisal. Buyer Comment (2025-01-09): Please find the CDA Report attached. Please waive to [redacted], the CDA was completed [redacted]which is after the disaster date, no damage. Thank you. |
01/17/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NJ | Investment | Purchase | D | B | D | B | D | A | N/A | No | |||||||||||
| [Redacted} | 12024100112 | 12024100112 | 32855050 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing. Sec ID: [redacted] | Appraisal is not provided. | Reviewer Comment (2025-01-17): Cleared. Buyer Comment (2025-01-16): Please find the Appraisal attached. Thank you. Buyer Comment (2025-01-15): Please find Appraisal attached. Thank you. Reviewer Comment (2025-01-12): The CDA does not clear this condition. Please provide the origination appraisal. Buyer Comment (2025-01-09): Please find the CDA Report attached. Please waive to [redacted] the CDA was completed [redacted], which is after the disaster date, no damage. Thank you. |
01/17/2025 | 1 | D | A | D | A | D | A | D | A | D | A | NJ | Investment | Purchase | D | B | D | B | D | A | N/A | No | ||||||||||||||
| [Redacted} | 12024100112 | 12024100112 | 32855051 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Appraisal report is missing. | Reviewer Comment (2025-01-17): Cleared. Reviewer Comment (2025-01-15): Report is missing page [redacted] and the borrower on the report does not match the borrower on loan. Buyer Comment (2025-01-13): Please find the Appraisal attached. Thank you. |
01/17/2025 | 1 | D | A | D | A | D | A | D | A | D | A | NJ | Investment | Purchase | D | B | D | B | D | A | N/A | No | ||||||||||||||
| [Redacted} | 12024100112 | 12024100112 | 32855052 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | 1007 is required and was not provided. | Reviewer Comment (2025-01-15): Cleared. Buyer Comment (2025-01-13): Please find the [redacted]attached. Thank you. Buyer Comment (2025-01-13): Please find the [redacted] attached. Thank you. |
01/15/2025 | 1 | C | A | C | A | C | A | C | A | D | A | NJ | Investment | Purchase | D | B | D | B | D | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110525 | 12024110525 | 32855054 | Credit | Credit | Credit Eligibility | Credit | Active Tradeline requirement not met. | Provide [redacted] alternative, open tradelines reporting for [redacted] years with activity in most recent [redacted] months. Must meet guideline requirments. | Reviewer Comment (2025-01-13): Cleared. Buyer Comment (2025-01-09): credit reference |
01/13/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024111334 | 12024111334 | 32855059 | Credit | Investment Product | General | Investment Product | REO property does not have a lease in place and required by guidelines. | - | Missing lease agreement for subject property. If lease cannot be provided, additional conditions may apply. | Reviewer Comment (2025-01-14): Cleared. LTV reduced by [redacted] Buyer Comment (2025-01-10): lease agreement can be waived due to property is considered vacant. Cashout: Vacant or unleased properties are allowed with [redacted]the maximum LTV allowed is reduced by [redacted] |
01/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||||
| [Redacted} | 12024111334 | 12024111334 | 32855061 | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Missing lease for subject property. If lease cannot be provided, additional conditions may apply. | Reviewer Comment (2025-01-14): Cleared. LTV reduced by [redacted] Buyer Comment (2025-01-10): lease agreement can be waived due to property is considered vacant. Cashout: Vacant or unleased properties are allowed with [redacted] the maximum LTV allowed is reduced by [redacted] |
01/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024111334 | 12024111334 | 32855062 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Credit application for [redacted] guarantor was not provided. | The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [redacted]%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Combined Loan to Value: [redacted]% Guideline Maximum Combined Loan to Value: [redacted]% Loan to Value: [redacted]% Guideline Maximum Loan to Value: [redacted]% Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC Originator,SitusAMC SitusAMC |
Reviewer Comment (2025-01-14): Credit application for [redacted] guarantor was not provided. Buyer Comment (2025-01-10): Lender accepts. Please waive with available compensating factors |
01/14/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||
| [Redacted} | 12024111334 | 12024111334 | 32855063 | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | Guidelines required an application and credit for each person provided a personal Guaranty. Credit report was not provided for [redacted] guarantor. | The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [redacted]%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Combined Loan to Value: [redacted]% Guideline Maximum Combined Loan to Value: [redacted]% Loan to Value: [redacted]% Guideline Maximum Loan to Value: [redacted]% Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC Originator,SitusAMC SitusAMC |
Reviewer Comment (2025-01-14): Guidelines required an application and credit for each person provided a personal Guaranty. Credit report was not provided for second guarantor. Buyer Comment (2025-01-10): Lender accepts. Please waive with available compensating factors |
01/14/2025 | 2 | D | B | D | B | D | B | D | B | D | B | CA | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||
| [Redacted} | 12024120142 | 12024120142 | 32855065 | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided | Flood Certificate is missing in file. | Reviewer Comment (2025-01-17): Cleared.. Buyer Comment (2025-01-15): Flood Buyer Comment (2025-01-15): Please disregard my note from [redacted] am this morning. **I have requested a corrected Flood Cert to match the note** Buyer Comment (2025-01-15): This flood cert does match the note. It shows [redacted] rather than the word [redacted] spelled out. Please clear this condition as this should be ok. Thank you. Reviewer Comment (2025-01-15): Address on Flood Cert does not match the address on the Note. Buyer Comment (2025-01-13): Attached find the Flood Cert for this file. |
01/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110861 | 12024110861 | 32855072 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Most Recent Valuation Inspection Date: ___ Disaster End Date: ___ Disaster Name: ___ Disaster Declaration Date: ___ |
Please provide a post-disaster inspection verifying there was no damage from Tropical Storm Helene. The inspection must include exterior photos and the property must be re-inspected after the [redacted] disaster end date. The most recent valuation inspection was dated [redacted]. | Reviewer Comment (2025-01-14): Cleared with 442/1004D. Buyer Comment (2025-01-10): 1004D appraiser commented on the disaster. Property was not damaged. Pg [redacted] The subject property does not appear to have suffered any damage form the recent named [redacted],[redacted] |
01/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||
| [Redacted} | 12024110861 | 12024110861 | 32855074 | 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 ___. | Lender exception was approved to allow [redacted] LTV on Cash-out refi ([redacted] FICO), loan amount less than [redacted] versus [redacted] limit of [redacted]. Compensating factors include FICO [redacted] points over maximum score on [redacted][redacted]+ months reserves verified own funds/[redacted] | The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC | Reviewer Comment (2025-01-09): Lender exception was approved to allow [redacted]% LTV on Cash-out refi ([redacted] FICO), loan amount less than [redacted] versus matrix limit of [redacted]Compensating factors include FICO [redacted] points over maximum score on matrix/[redacted] months reserves verified own funds/[redacted] |
01/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | GA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||
| [Redacted} | 12024110861 | 12024110861 | 32855075 | Credit | Guideline | Guideline Issue | Guideline | Aged document: Primary Valuation is older than guidelines permit | - | Appraisal report in file is dated [redacted] days prior to Note date, which does not meet guideline requirement of [redacted] days or less. The [redacted] provided in file does not indicate it is a recertification of value; it indicates it is a certification of completion. | Reviewer Comment (2025-01-28): Clear. Buyer Comment (2025-01-24): 1004D |
01/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||
| [Redacted} | 12024111014 | 12024111014 | 32855076 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: [redacted] | Secondary valuation is missing in file. | Reviewer Comment (2025-01-13): Cleared. Buyer Comment (2025-01-09): CDA |
01/13/2025 | 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 | ||||||||||||||
| [Redacted} | 12024111014 | 12024111014 | 32855078 | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Provide verification of ownership percentage of the business [redacted] | Reviewer Comment (2025-01-13): Cleared. Buyer Comment (2025-01-09): Borrower has sufficient funds for reserves without using [redacted] #[redacted] to qualify. |
01/13/2025 | 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 | ||||||||||||||
| [Redacted} | 12024120198 | 12024120198 | 32855087 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Due to missing appraisal. Once appraisal received, condition will be re-reviewed. | Borrower has owned the subject property for at least [redacted] years. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [redacted]%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. |
Combined Loan to Value: [redacted]% Guideline Maximum Combined Loan to Value: [redacted]% Loan to Value: [redacted]% Guideline Maximum Loan to Value: [redacted]% |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-01-16): Due to missing appraisal. Once appraisal received, condition will be re-reviewed. Waived at client request. Buyer Comment (2025-01-14): Property was appraised [redacted]; please waive exception Reviewer Comment (2025-01-14): Appraiser is required to comment on the specific event in order to use the appraisal to clear the FEMA exception. Buyer Comment (2025-01-10): appraisal |
01/16/2025 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Refinance - Cash-out - Other | D | B | D | B | D | A | N/A | No | |||||||||||
| [Redacted} | 12024120198 | 12024120198 | 32855088 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Due to missing appraisal. Once appraisal received, condition will be re-reviewed. | The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [redacted]%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. |
Combined Loan to Value: [redacted]% Guideline Maximum Combined Loan to Value: [redacted]% Loan to Value: [redacted]% Guideline Maximum Loan to Value: [redacted]% |
SitusAMC SitusAMC |
Reviewer Comment (2025-01-16): Due to missing appraisal. Once appraisal received, condition will be re-reviewed. Waived per client request. Buyer Comment (2025-01-14): Property was appraised [redacted]. More than [redacted] years after the disaster end date. Please waive exception. Reviewer Comment (2025-01-14): Appraiser is required to comment on the specific event in order to use the appraisal to clear the FEMA exception. Buyer Comment (2025-01-10): see attached appraisal |
01/16/2025 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Refinance - Cash-out - Other | D | B | D | B | D | A | N/A | No | |||||||||||
| [Redacted} | 12024120198 | 12024120198 | 32855090 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing. Sec ID: [redacted] | Reviewer Comment (2025-01-14): Clear. Buyer Comment (2025-01-10): see attached appraisal |
01/14/2025 | 1 | D | A | D | A | D | A | D | A | D | A | FL | Investment | Refinance - Cash-out - Other | D | B | D | B | D | A | N/A | No | |||||||||||||||
| [Redacted} | 12024120198 | 12024120198 | 32855091 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Appraisal is missing. | Reviewer Comment (2025-01-14): Cleared. Buyer Comment (2025-01-10): see attached appraisal |
01/14/2025 | 1 | D | A | D | A | D | A | D | A | D | A | FL | Investment | Refinance - Cash-out - Other | D | B | D | B | D | A | N/A | No | ||||||||||||||
| [Redacted} | 12024120198 | 12024120198 | 32855092 | Credit | Missing Document | General | Missing Document | Incomplete Document: 1007 Rent Comparison Schedule is incomplete | Provide the rent amount for each unit separately. Primary house and [redacted]. | Reviewer Comment (2025-01-22): Cleared. Buyer Comment (2025-01-22): revised 1007 |
01/22/2025 | 1 | A | A | A | A | A | FL | Investment | Refinance - Cash-out - Other | D | B | D | B | D | A | N/A | No | |||||||||||||||||||
| [Redacted} | 12024120755 | 12024120755 | 32855096 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement for borrowing business entity is missing. | Reviewer Comment (2025-01-14): Cleared. Buyer Comment (2025-01-10): Please be advised the following documentation was provided as the State of [redacted] does not require an Operating Agreements to do business. Thank you. |
01/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110103 | 12024110103 | 32855099 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception was approved for [redacted] or [redacted] units being under [redacted] square feet. [redacted] units are [redacted] square feet. Compensating factors include FICO [redacted] points over minimum [redacted], [redacted] over[redacted], and over [redacted] reserves more than required and a loan amount under [redacted] | Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Borrower's Own Funds Percent: [redacted]% Borrower's Own Funds Amount: $[redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2025-01-13): Client elects to waive with compensating factors. |
01/13/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||
| [Redacted} | 4000046202 | 4000046202 | 32999706 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Rider - Prepayment not provided | The file was missing a copy of the Prepayment Rider. | Reviewer Comment (2024-11-06): Received Rider - Prepayment. Exception cleared. Seller Comment (2024-11-06): Comment from [redacted] [redacted] please see attached please clear thank you |
11/06/2024 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 4000055251 | 4000055251 | 32999708 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: [redacted] | Reviewer Comment (2024-11-26): Received CDA. Exception cleared. Seller Comment (2024-11-26): Comment from [redacted][redacted]: CDA value [redacted]. Appraisal value [redacted] |
11/26/2024 | 1 | D | A | D | A | D | A | D | A | D | A | NY | Investment | Purchase | D | A | A | A | D | A | N/A | No | |||||||||||||||
| [Redacted} | 4000052630 | 4000052630 | 32999718 | 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. | Please provide a copy of the Final Title policy or a Supplemental Title report verifying title insurance of at least the loan amount $[redacted]. | Reviewer Comment (2024-12-05): Accepted as is. |
12/05/2024 | 2 | B | B | B | B | B | B | B | B | B | B | MD | Investment | Refinance - Rate/Term | B | B | B | B | A | A | N/A | No | |||||||||||||
| [Redacted} | 4000054082 | 4000054082 | 32999724 | 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. | The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. | Reviewer Comment (2024-12-09): Accepted as is. |
12/09/2024 | 2 | B | B | B | B | B | B | B | B | B | B | NM | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||||
| [Redacted} | 4000046089 | 4000046089 | 32999729 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2024-12-11): Accepted as is. |
12/11/2024 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||||||
| [Redacted} | 4000051202 | 4000051202 | 32999732 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from insurer. Calculations are based on [redacted]% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $[redacted]. | Reviewer Comment (2024-12-19): Received, Clearing. Seller Comment (2024-12-19): Comment from [redacted] [redacted]: The Insurance provided from the customer is an [redacted] policy and coverage walls in. Please see the master insurance policy for the townhomes. |
12/19/2024 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 4000052688 | 4000052688 | 32999762 | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (1st Lien, Escrow Not Established) | Federal Higher-Priced Mortgage Loan ([redacted]): Mandatory escrow account not established on 1st lien mortgage loan. | Mandatory escrow account not established on 1st lien mortgage loan. | Reviewer Comment (2024-12-19): Lender indicated discretion to set rate exercised on[redacted] relock. Utilized as last date rate set for testing purposes under Reg C commentary Buyer Comment (2024-12-19): Comment from [redacted][redacted]: [redacted] We are exercising our right to use the Reg C approach, that being, the lender exercised discretion to re-set the rate at a later time at the same rate, regardless of whether market rates have increased, decreased, or remained the same, that most recent rate lock/extension date can be used as the rate set date. We have applied a rate set date override to use rate lock extension date based on indication lender exercised discretion setting the rate at time of extension as the final time rate was set under [redacted] Rec C rate set date definition/commentary; Reviewer Comment (2024-12-12): APR o f[redacted] is greater than the threshold of [redacted] APOR of [redacted] (index date of [redacted]) + margin of [redacted] Buyer Comment (2024-12-12): Comment from [redacted] [redacted]Disagree - APR Rate [redacted] - APOR [redacted] [redacted] Difference, they are within the threshold |
12/19/2024 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Primary | Purchase | If escrow was established before consummation for one impound item but not the other (e.g. taxes but not insurance), cure available by escrowing item that was not previously included. Proof of new escrow setup required. If no escrow account was established at or before consummation, no cure available. |
C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redacted} | 4000052688 | 4000052688 | 32999763 | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML [redacted] Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. | APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. | Reviewer Comment (2024-12-19): Lender indicated discretion to set rate exercised on [redacted] relock. Utilized as last date rate set for testing purposes under Reg C commentary Buyer Comment (2024-12-19): Comment from [redacted][redacted] We are exercising our right to use the Reg C approach, that being, the lender exercised discretion to re-set the rate at a later time at the same rate, regardless of whether market rates have increased, decreased, or remained the same, that most recent rate lock/extension date can be used as the rate set date. We have applied a rate set date override to use rate lock extension date based on indication lender exercised discretion setting the rate at time of extension as the final time rate was set under [redacted] Rec C rate set date definition/commentary; Reviewer Comment (2024-12-12): APR of [redacted] is greater than the threshold of[redacted] APOR of [redacted] (index date of [redacted]) + margin of [redacted] Buyer Comment (2024-12-12): Comment from[redacted][redacted]Disagree - APR Rate[redacted] - APOR [redacted][redacted]Difference, they are within the threshold |
12/19/2024 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redacted} | 4000052688 | 4000052688 | 32999765 | Compliance | Compliance | Federal Compliance | TRID | TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded. Total amount of [redacted] exceeds tolerance of $[redacted] plus [redacted]% or $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2024-12-10): Sufficient Cure Provided At Closing |
12/10/2024 | 1 | A | A | A | A | A | A | A | A | A | A | MI | Primary | Purchase | Final CD evidences Cure | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redacted} | 4000052688 | 4000052688 | 32999767 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of [redacted] does not match Due Diligence Loan Designation of ATR Risk. | Waterfall finding due to the missing evidence that gift fund was transferred at closing, resulting in loan designation discrepancy. | Reviewer Comment (2024-12-16): Received, Clearing. Seller Comment (2024-12-16): Comment from[redacted][redacted] Please note that the guidelines do not specify this requirement, so [redacted] is defaulted to. Section [redacted] for personal gifts states the following: Note: If the actual amount of the gift received is different than the amount used to underwrite the loan casefile in DU, the lender may need to resubmit the loan casefile to DU in accordance with [redacted], Accuracy of DU Data, DU Tolerances, and Errors in the Credit Report . For manually underwritten loans, the lender must verify the borrower has sufficient funds for closing, down payment and/or financial reserves. The CD confirms the cash to close amount of [redacted] which matches the exact amount of the cashier's check. Per Fannie Mae, this meetings the requirement for manually underwritten loans as the borrower has enough funds to close with the gift receive, and a new letter would not be required. Reviewer Comment (2024-12-13): Gift letter of [redacted] does not correspond with check provided for [redacted] Please provide updated Gift Letter or explanation. Exception remains. Seller Comment (2024-12-13): Comment from [redacted] [redacted] Please see attached cashiers check |
12/16/2024 | 1 | B | A | C | A | B | A | C | A | B | A | MI | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redacted} | 4000052688 | 4000052688 | 32999768 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank [redacted]): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall finding due to the missing evidence that gift fund was transferred at closing. | Reviewer Comment (2024-12-16): Received, Clearing. Seller Comment (2024-12-16): Comment from [redacted] ([redacted]): [redacted] [redacted]: Please note that the guidelines do not specify this requirement, so Fannie Mae is defaulted to. Section[redacted] for personal gifts states the following: Note: If the actual amount of the gift received is different than the amount used to underwrite the loan casefile in DU, the lender may need to resubmit the loan casefile to DU in accordance with [redacted], Accuracy of DU Data, DU Tolerances, and Errors in the Credit Report . For manually underwritten loans, the lender must verify the borrower has sufficient funds for closing, down payment and/or financial reserves. The CD confirms the cash to close amount of [redacted] which matches the exact amount of the cashier's check. Per Fannie Mae, this meetings the requirement for manually underwritten loans as the borrower has enough funds to close with the gift receive, and a new letter would not be required. Reviewer Comment (2024-12-13): Gift letter of $[redacted]does not correspond with check provided for $[redacted]. Please provide updated Gift Letter or explanation. Exception remains. Seller Comment (2024-12-13): Comment from [redacted][redacted] Please see attached cashiers check |
12/16/2024 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redacted} | 4000052688 | 4000052688 | 32999769 | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. | Asset documentation requirements not met.due to the missing evidence that gift fund was transferred at closing. | Reviewer Comment (2024-12-16): Received, Clearing. Seller Comment (2024-12-16): Comment from [redacted] [redacted]): [redacted] [redacted]: Please note that the guidelines do not specify this requirement, so Fannie Mae is defaulted to. Section [redacted] for personal gifts states the following: Note: If the actual amount of the gift received is different than the amount used to underwrite the loan casefile in DU, the lender may need to resubmit the loan casefile to DU in accordance with [redacted], Accuracy of DU Data, DU Tolerances, and Errors in the Credit Report . For manually underwritten loans, the lender must verify the borrower has sufficient funds for closing, down payment and/or financial reserves. The CD confirms the cash to close amount of [redacted] which matches the exact amount of the cashier's check. Per Fannie Mae, this meetings the requirement for manually underwritten loans as the borrower has enough funds to close with the gift receive, and a new letter would not be required. Reviewer Comment (2024-12-13): Gift letter of $[redacted]does not correspond with check provided for $[redacted]. Please provide updated Gift Letter or explanation. Exception remains. Seller Comment (2024-12-13): Comment from [redacted] [redacted]: [redacted] [redacted]: Please see attached cashiers check |
12/16/2024 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redacted} | 4000052688 | 4000052688 | 32999770 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank [redacted]): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall finding due to the missing evidence that gift fund was transferred at closing, | Reviewer Comment (2024-12-16): Received, Clearing. Seller Comment (2024-12-16): Comment from [redacted] [redacted]: [redacted] [redacted]: Please note that the guidelines do not specify this requirement, so Fannie Mae is defaulted to. Section [redacted] for personal gifts states the following: Note: If the actual amount of the gift received is different than the amount used to underwrite the loan casefile in DU, the lender may need to resubmit the loan casefile to DU in accordance with [redacted], Accuracy of DU Data, DU Tolerances, and Errors in the Credit Report . For manually underwritten loans, the lender must verify the borrower has sufficient funds for closing, down payment and/or financial reserves. The CD confirms the cash to close amount of [redacted] which matches the exact amount of the cashier's check. Per Fannie Mae, this meetings the requirement for manually underwritten loans as the borrower has enough funds to close with the gift receive, and a new letter would not be required. Reviewer Comment (2024-12-13): Gift letter of $[redacted] does not correspond with check provided for $[redacted]. Please provide updated Gift Letter or explanation. Exception remains. Seller Comment (2024-12-13): Comment from [redacted] [redacted]: [redacted] [redacted]: Please see attached cashiers check |
12/16/2024 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redacted} | 4000052688 | 4000052688 | 32999771 | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Misisng evidence of receipt of the gift funds. | Reviewer Comment (2024-12-16): Received, Clearing. Seller Comment (2024-12-16): Comment from [redacted] [redacted]: [redacted] [redacted]: Please note that the guidelines do not specify this requirement, so Fannie Mae is defaulted to. Section [redacted] for personal gifts states the following: Note: If the actual amount of the gift received is different than the amount used to underwrite the loan casefile in DU, the lender may need to resubmit the loan casefile to DU in accordance with [redacted], Accuracy of DU Data, DU Tolerances, and Errors in the Credit Report . For manually underwritten loans, the lender must verify the borrower has sufficient funds for closing, down payment and/or financial reserves. The CD confirms the cash to close amount of [redacted] which matches the exact amount of the cashier's check. Per Fannie Mae, this meetings the requirement for manually underwritten loans as the borrower has enough funds to close with the gift receive, and a new letter would not be required. Reviewer Comment (2024-12-15): Received cashier check confirms the amount $[redacted], however as per Gift letter amount is $[redacted]. Please provide source documents for $[redacted]or Updated Gift Letter for $[redacted]. Exception remains. Seller Comment (2024-12-13): Comment from [redacted] [redacted]: [redacted] [redacted]: Please see attached cashiers check |
12/16/2024 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redacted} | 4000055354 | 4000055354 | 32999789 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least [redacted] ([redacted]) business days prior to closing. | Final LE is required to be received by borrower at least [redacted] day prior to Initial CD. Based on documentation in file, Final LE was received by borrower on or after date Initial CD was received. Evidence of earlier receipt of LE was not located in file. | Reviewer Comment (2024-12-10): [redacted] received disclosure summary for initial CD. Seller Comment (2024-12-09): Comment from[redacted] ([redacted]): Please see the attached from out LOS online documents portal, this confirms the client received and viewed the LE from [redacted] on [redacted]. |
12/10/2024 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Other | No Defined Cure | C | A | A | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redacted} | 4000055354 | 4000055354 | 32999792 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Credit Report: Original // Public Record Type: Collections / Balance: [redacted] Collection or Charge off account in the amount of $[redacted]must be paid off prior to or at closing. |
Reviewer Comment (2024-12-09): Clearing after re-review. Buyer Comment (2024-12-09): Comment from [redacted] ([redacted]): This is a refinance on a primary single family residence and per guidelines any collection or charge offs are not required to be paid. |
12/09/2024 | 1 | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||||||||||
| [Redacted} | 4000054426 | 4000054426 | 32999795 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | [redacted][redacted]Loan: Counseling Disclosure not provided to borrower. | Counseling Disclosure not provided to borrower. | Reviewer Comment (2024-11-27): Accepted as is. |
11/27/2024 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redacted} | 4000054426 | 4000054426 | 32999796 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) | [redacted] [redacted] Loan: Mortgage does not contain a legend stating that the [redacted] loan is subject to Section [redacted] of the Banking Law. | Mortgage does not contain a legend stating that the subprime loan is subject to Section [redacted] of the Banking Law. | Reviewer Comment (2024-11-27): Accepted as is. |
11/27/2024 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | Provide the following: Letter of Explanation, corrected Mortgage (with required Legend), and proof of mailing. Best Practice would be to have signed and re-recorded Mortgage. (This will overwrite the existing Exception Remediation which reads: Provide the following: Corrected Mortgage (with required Legend), Letter of Explanation, and Proof of Delivery. Best Practice would be to have signed and re-recorded Mortgage.). | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redacted} | 4000054426 | 4000054426 | 32999797 | Compliance | Compliance | State Compliance | State HPML | [redacted] [redacted] Home Loan Threshold Fixed Non-Compliant | [redacted] [redacted] Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%. Non-Compliant [redacted] Loan. | APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is in excess of allowable threshold of Prime Mortgage Market Rate [redacted]+ [redacted]%, or [redacted]%. | Reviewer Comment (2024-11-27): Accepted as is. |
11/27/2024 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | (Limited Use Bona Fide Errors - Compliance and Client Approval Required) With no time limit for which a cure may be made, provide: (1) Legal opinion from originating lender with loan-specific details on how a high-cost loan was made despite procedures to prevent and confirms (i) the failure constitutes a bona fide error for the jurisdiction in which the property is located, and (ii) that the lender has not received any notice from the borrower of the failure; (2) procedures or explanation of controls in place to prevent such errors; (3) client written approval accepting use of the bona fide error cure; (4) Letter of Explanation to borrower; (5) refund of amount over the subprime home loan threshold maximum; and (6) proof of mailing (must be in transit with courier). Note, a cure may not be accepted if the seller/lender has certified a fix has been made to their system and the same issue continues to occur after the fix has been put into place. | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redacted} | 4000054426 | 4000054426 | 32999800 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower. | No cure provided. | Reviewer Comment (2024-12-02): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception. Seller Comment (2024-11-29): Comment from [redacted] ([redacted]): [redacted] [redacted] Please see the attached Final Closing Disclosure and Tolerance Cure breakdown which shows the borrower was provided a credit at closing for the increase in the Appraisal Fee. |
12/02/2024 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redacted} | 4000054426 | 4000054426 | 32999801 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted]Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower. | [redacted] Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Changed circumstance in file of [redacted] is after the Loan Estimate issue date of [redacted]. Insufficient cure provided. | Reviewer Comment (2024-12-02): [redacted] Received Valid [redacted] dated [redacted]. Seller Comment (2024-11-29): Comment from [redacted] ([redacted]: TB [redacted] Please see attached accepted Change Of Circumstances Request, and Underwriting Final inspection Condition. There was a valid [redacted] accepted for adding the Final inspection Fee. |
12/02/2024 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redacted} | 4000054426 | 4000054426 | 32999802 | Compliance | Compliance | Federal Compliance | TRID | TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: [redacted]Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception. | Reviewer Comment (2024-12-02): Sufficient Cure Provided At Closing |
12/02/2024 | 1 | A | A | A | A | A | NY | Primary | Purchase | Final CD evidences Cure | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||||
| [Redacted} | 4000053767 | 4000053767 | 32999803 | Compliance | Compliance | Federal Compliance | TRID | TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Copy/Rush Fee. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | [redacted] Percent Fee Tolerance exceeded for Appraisal Copy/Rush Fee. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2024-11-25): Sufficient Cure Provided At Closing |
11/25/2024 | 1 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||
| [Redacted} | 4000052931 | 4000052931 | 32999810 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Reviewer Comment (2024-11-14): Received, Clearing. |
11/14/2024 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||||
| [Redacted} | 4000052931 | 4000052931 | 32999814 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) | Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) | The file is missing a copy of the HOEPA Assignment Notice | Reviewer Comment (2024-12-12): Offset provided for seller paid discount points. Seller Comment (2024-12-11): Comment from [redacted] ([redacted]): [redacted] - Total loan amount is $[redacted]. the $[redacted] discount points being covered by seller credit should not be included in the total loan amount, or in the fees in the test. The threshold should be $[redacted] and all fees in test total $[redacted]. The undiscounted rate is [redacted]% but there is no bonafide discount applied. This is passing with the itemized $[redacted] seller credit previously provided. Reviewer Comment (2024-12-09): Please provide documentation (Rate Sheet or breakdown from Lock Desk) of un-discounted rate and price to properly test bona-fide discount point(s). Buyer Comment (2024-12-09): Comment from [redacted] ([redacted]): GM - Total loan amount is $[redacted]. the $[redacted] discount points being covered by seller credit should not be included in the total loan amount, or in the fees in the test. The threshold should be $[redacted] and all fees in test total $[redacted]. The undiscounted rate is [redacted]% but there is no bonafide discount applied. This is passing with the itemized $[redacted]seller credit previously provided. Reviewer Comment (2024-12-02): What is the Undiscounted Interest Rate? Buyer Comment (2024-12-02): Comment from [redacted] ([redacted]): [redacted] [redacted] The Undiscounted Interest Rate Price is $[redacted]. Reviewer Comment (2024-11-25): Missing undiscounted rate and price. Seller credit itemized to apply to discount points $[redacted] insufficient to clear high cost. Offset will not be applied until we receive and evaluate undiscounted rate and price. Seller Comment (2024-11-25): Comment from [redacted] ([redacted]: [redacted] [redacted] Please see the itemization of settlement fees, which shows the seller credit covering a portion of the Discount points. |
12/12/2024 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redacted} | 4000052931 | 4000052931 | 32999815 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | The file is missing a copy of the HOEPA Disclosures | Reviewer Comment (2024-12-12): Offset provided for seller paid discount points. Seller Comment (2024-12-11): Comment from [redacted] ([redacted]): [redacted] - Total loan amount is $[redacted]. the $[redacted]discount points being covered by seller credit should not be included in the total loan amount, or in the fees in the test. The threshold should be $[redacted]and all fees in test total $[redacted]. The undiscounted rate is [redacted]% but there is no bonafide discount applied. This is passing with the itemized $[redacted] seller credit previously provided. Reviewer Comment (2024-12-09): Please provide documentation (Rate Sheet or breakdown from Lock Desk) of un-discounted rate and price to properly test bona-fide discount point(s). Buyer Comment (2024-12-09): Comment from [redacted] ([redacted]: [redacted] - Total loan amount is $[redacted]. the $[redacted]discount points being covered by seller credit should not be included in the total loan amount, or in the fees in the test. The threshold should be $[redacted]and all fees in test total $[redacted]. The undiscounted rate is [redacted]% but there is no bonafide discount applied. This is passing with the itemized $[redacted]seller credit previously provided. Reviewer Comment (2024-12-02): What is the Undiscounted Interest Rate? Buyer Comment (2024-12-02): Comment from [redacted] ([redacted]): [redacted] [redacted]The Undiscounted Interest Rate Price is $[redacted]. Reviewer Comment (2024-11-25): Missing undiscounted rate and price. Seller credit itemized to apply to discount points $[redacted] insufficient to clear high cost. Offset will not be applied until we receive and evaluate undiscounted rate and price. Seller Comment (2024-11-25): Comment from [redacted] ([redacted]): [redacted] [redacted] Please see the itemization of settlement fees, which shows the seller credit covering a portion of the Discount points. |
12/12/2024 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redacted} | 4000052931 | 4000052931 | 32999816 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redaction]% of the amount past due or grace period of less than [redaction] days. | The file is missing a copy of the HOEPA Late Charge. | Reviewer Comment (2024-12-12): Offset provided for seller paid discount points. Seller Comment (2024-12-11): Comment from [redacted] ([redacted]): [redacted]- Total loan amount is $[redacted]. the $[redacted] discount points being covered by seller credit should not be included in the total loan amount, or in the fees in the test. The threshold should be $[redacted]and all fees in test total $[redacted]. The undiscounted rate is [redacted]% but there is no bonafide discount applied. This is passing with the itemized $[redacted] seller credit previously provided. Reviewer Comment (2024-12-09): Please provide documentation (Rate Sheet or breakdown from Lock Desk) of un-discounted rate and price to properly test bona-fide discount point(s). Buyer Comment (2024-12-09): Comment from [redacted] ([redacted]): [redacted]- Total loan amount is $[redacted]. the $[redacted]discount points being covered by seller credit should not be included in the total loan amount, or in the fees in the test. The threshold should be $[redacted]and all fees in test total $[redacted]. The undiscounted rate is [redacted]% but there is no bonafide discount applied. This is passing with the itemized $[redacted]seller credit previously provided. Reviewer Comment (2024-12-02): What is the Undiscounted Interest Rate? Buyer Comment (2024-12-02): Comment from [redacted] ([redacted]): [redacted][redacted] The Undiscounted Interest Rate Price is $[redacted]. Reviewer Comment (2024-11-25): Missing undiscounted rate and price. Seller credit itemized to apply to discount points $[redacted]insufficient to clear high cost. Offset will not be applied until we receive and evaluate undiscounted rate and price. Seller Comment (2024-11-25): Comment from [redacted] ([redacted]): [redacted] [redacted] Please see the itemization of settlement fees, which shows the seller credit covering a portion of the Discount points. |
12/12/2024 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redacted} | 4000052931 | 4000052931 | 32999817 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redaction]% is in excess of the allowable maximum of [redaction]% of the Federal Total Loan Amount. Points and Fees of $[redaction] on a Federal Total Loan Amount of $[redaction] vs. an allowable total of $[redaction] (an overage of $[redaction] or [redaction]%). Non-Compliant High Cost Loan. | Points and Fees on subject loan of [redaction]% is in excess of the allowable maximum of [redaction]% of the Federal Total Loan Amount. Points and Fees of $[redaction] on a Federal Total Loan Amount of $[redaction] vs. an allowable total of $[redaction] (an overage of $[redaction] or [redaction]%). Non-Compliant High Cost Loan | Reviewer Comment (2024-12-12): Offset provided for seller paid discount points. Seller Comment (2024-12-11): Comment from [redacted] ([redacted]): [redacted] - Total loan amount is $[redacted]. the $[redacted] discount points being covered by seller credit should not be included in the total loan amount, or in the fees in the test. The threshold should be $[redacted] and all fees in test total $[redacted]. The undiscounted rate is [redacted]% but there is no bonafide discount applied. This is passing with the itemized $[redacted]seller credit previously provided. Reviewer Comment (2024-12-09): Please provide documentation (Rate Sheet or breakdown from Lock Desk) of un-discounted rate and price to properly test bona-fide discount point(s). Buyer Comment (2024-12-09): Comment from [redacted] ([redacted]): [redacted] - Total loan amount is $[redacted]. the $[redacted] discount points being covered by seller credit should not be included in the total loan amount, or in the fees in the test. The threshold should be $[redacted]and all fees in test total $[redacted]. The undiscounted rate is [redacted]% but there is no bonafide discount applied. This is passing with the itemized $[redacted]seller credit previously provided. Reviewer Comment (2024-12-02): What is the Undiscounted Interest Rate? Buyer Comment (2024-12-02): Comment from [redacted] ([redacted]): [redacted] [redacted] The Undiscounted Interest Rate Price is $[redacted]. Reviewer Comment (2024-11-25): Missing undiscounted rate and price. Seller credit itemized to apply to discount points $[redacted] insufficient to clear high cost. Offset will not be applied until we receive and evaluate undiscounted rate and price. Seller Comment (2024-11-25): Comment from [redacted] ([redacted]): [redacted] [redacted]Please see the itemization of settlement fees, which shows the seller credit covering a portion of the Discount points. |
12/12/2024 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redacted} | 4000052931 | 4000052931 | 32999818 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Borrower did not receive pre-loan counseling. | Reviewer Comment (2024-12-12): Offset provided for seller paid discount points. Seller Comment (2024-12-11): Comment from [redacted] ([redacted]): [redacted] - Total loan amount is $[redacted]. the $[redacted] discount points being covered by seller credit should not be included in the total loan amount, or in the fees in the test. The threshold should be $[redacted]and all fees in test total $[redacted]. The undiscounted rate is [redacted]% but there is no bonafide discount applied. This is passing with the itemized $[redacted]seller credit previously provided. Reviewer Comment (2024-12-09): Please provide documentation (Rate Sheet or breakdown from Lock Desk) of un-discounted rate and price to properly test bona-fide discount point(s). Buyer Comment (2024-12-09): Comment from [redacted] ([redacted]): [redacted] - Total loan amount is $[redacted]. the $[redacted] discount points being covered by seller credit should not be included in the total loan amount, or in the fees in the test. The threshold should be $[redacted] and all fees in test total $[redacted]. The undiscounted rate is [redacted]% but there is no bonafide discount applied. This is passing with the itemized $[redacted] seller credit previously provided. Reviewer Comment (2024-12-02): What is the Undiscounted Interest Rate? Buyer Comment (2024-12-02): Comment from [redacted] ([redacted]): [redacted] The Undiscounted Interest Rate Price is $[redacted]. Reviewer Comment (2024-11-25): Missing undiscounted rate and price. Seller credit itemized to apply to discount points $[redacted] insufficient to clear high cost. Offset will not be applied until we receive and evaluate undiscounted rate and price. Seller Comment (2024-11-25): Comment from [redacted] ([redacted]): [redacted] [redacted] Please see the itemization of settlement fees, which shows the seller credit covering a portion of the Discount points. |
12/12/2024 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redacted} | 4000052931 | 4000052931 | 32999820 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Guidelines state bank statements for income calculation must be consecutive and from the same bank account. Borrower went from one account (opened a new one) to another due to fraud. Close out letter was [redaction] months later. Compensating factors are [redaction]FICO and living at current primary for over [redaction]years. | Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2024-11-08): Client elects to waive/regrade with compensating factors. Lender exception provided. |
11/08/2024 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redacted} | 4000052931 | 4000052931 | 32999821 | Property | Valuation | General | Valuation | Valuation Product pending | [redacted] / Post Disaster Inspection + [redacted] - [redaction]Days | Reviewer Comment (2024-11-14): Received, Clearing. Reviewer Comment (2024-11-13): Valuation Received - [redacted] |
11/14/2024 | 1 | A | A | A | A | A | FL | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||||||||
| [Redacted} | 4000049975 | 4000049975 | 32999822 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank [redaction]): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | ECOA Appraisal Provided Before Completion | Reviewer Comment (2024-10-29): Accepted as is. |
10/29/2024 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redacted} | 4000044496 | 4000044496 | 32999826 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [redacted]. | SitusAMC | Reviewer Comment (2024-11-07): Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [redacted] Seller Comment (2024-11-07): Comment from [redacted] ([redacted]): Inspection report attached |
11/07/2024 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redacted} | 4000044496 | 4000044496 | 32999828 | Compliance | TRID | Document Error | TRID | Closing Disclosure: Dates are not in chronological order. | - Issue Date: ___; Received Date: ___; Signed Date: ___ | Closing Disclosure issued on [redaction] is signed on [redaction]. | Reviewer Comment (2024-10-23): Waived per client request |
10/23/2024 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redacted} | 4000044496 | 4000044496 | 32999829 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank [redaction]): Borrower waived right to receive a copy of the appraisal at least three ([redaction]) business days prior to closing, and appraisal was not provided at or before closing. | Appraisal report date is [redaction] and Appraisal Waiver date is [redaction] | Reviewer Comment (2024-10-23): Waived per client request |
10/23/2024 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redacted} | 4000044496 | 4000044496 | 32999831 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redaction]Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redaction]Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $[redaction] exceeds tolerance of $[redaction]. Insufficient or no cure was provided to the borrower. | No cure provided for addition of appraisal re-inspection fee | Reviewer Comment (2024-12-16): [redacted]Received Corrected PCCD, LOE, Refund Check and Proof of Mailing. Seller Comment (2024-12-13): Comment from [redacted] ([redacted]): Refund Check, PCCD and POD attached Reviewer Comment (2024-11-27): [redacted]received rebuttal. However, the Appraisal Recertification Fee was added on Post CD dated [redacted] for $[redacted].Any fee added after closing requires cure. Therefore, we would require cure for the same. Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing. Buyer Comment (2024-11-26): Comment from [redacted] ([redacted]): Fee was indeed added to a CD after the closing because the declaration date for [redacted] ([redacted]) was after the date the closing docs were signed ([redacted]) but before funding occurred ([redacted]). Reviewer Comment (2024-11-08): [redacted]received 1004D, however as fee added on PCCD therefore cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check. Seller Comment (2024-11-06): Comment from [redacted] ([redacted]): 1004D attached Reviewer Comment (2024-10-30): [redacted]received valid COC however we would also require supporting document 1004D in order to clear the exception. Seller Comment (2024-10-29): Comment from [redacted] ([redacted]): See attached COC CD that disclosed the reinspection fee |
12/16/2024 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redacted} | 4000044496 | 4000044496 | 32999832 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Cash to close is $[redaction] + $[redaction] POC = $[redaction]. Verified assets $[redaction] + $[redaction] + verified POC of $[redaction] = $[redaction]. Funds remaining for reserves are $[redaction]. Reserves required are $[redaction] or [redaction] months PITIA. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2024-11-06): Client exception received. Seller Comment (2024-11-06): Comment from [redacted] ([redacted]): See attached OB approved exception for [redacted] mos reserves |
11/06/2024 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||
| [Redacted} | 4000044496 | 4000044496 | 32999833 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank [redaction]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation updated as per the Deal Notes | Reviewer Comment (2024-11-07): Exception for reserves shortage waived. Loan now NonQM Buyer Comment (2024-11-07): Comment from [redacted] ([redacted]): Please revisit and clear. Condition relating to reserves is resolved. |
11/07/2024 | 1 | B | A | C | A | B | A | C | A | B | A | FL | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redacted} | 4000044496 | 4000044496 | 32999834 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank [redaction]): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Assets have a reserve shortfall | Reviewer Comment (2024-11-07): Exception for reserves shortage waived. Loan now NonQM Buyer Comment (2024-11-07): Comment from [redacted] ([redacted]): Please revisit and clear. Condition relating to reserves is resolved. |
11/07/2024 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redacted} | 4000044496 | 4000044496 | 32999835 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Most Recent Valuation Inspection Date: ___ Disaster End Date: ___ Disaster Name: ___ Disaster Declaration Date: ___ |
Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [redacted]. | SitusAMC | Reviewer Comment (2024-12-16): Property inspected post disaster but pre-declared end date. |
12/16/2024 | 2 | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||||
| [Redacted} | 4000048047 | 4000048047 | 32999837 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient. Coverage is short $[redaction]. | Reviewer Comment (2024-11-06): Received Replacement Cost Estimator. Exception cleared. Seller Comment (2024-11-05): Comment from [redacted] ([redacted]): Please see EOI checklist of coverage |
11/06/2024 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | N/A | N/A | No | |||||||||||
| [Redacted} | 4000048047 | 4000048047 | 32999839 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Flood insurance coverage amount is insufficient. | Flood Insurance Coverage Amount is insufficient, coverage is short $[redaction]. | Reviewer Comment (2024-11-13): Received, Clearing. Buyer Comment (2024-11-13): Comment from [redacted] ([redacted]): Flood coverage is only required to be at the limit of the dwelling coverage which in this case is $[redacted]. Documentation was provided for Hazard policy that confirms dwelling is at replacement cost. |
11/13/2024 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | N/A | N/A | No | |||||||||||
| [Redacted} | 4000048047 | 4000048047 | 32999840 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Reviewer Comment (2024-12-13): Received Business Purpose Certificate. Exception cleared. Seller Comment (2024-12-12): Comment from [redacted] ([redacted]): Please see Business Certificate attached Reviewer Comment (2024-12-11): As the property is a cash-out refi of an investment we need a Business Purpose Certificate or an LOE for what the funds are being used for. Seller Comment (2024-12-10): Comment from [redacted] ([redacted]): Please see suspense. |
12/13/2024 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | N/A | N/A | No | ||||||||||||
| [Redacted} | 4000048047 | 4000048047 | 32999841 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank [redaction]): Creditor did not provide a copy of each valuation to applicant three ([redaction]) business days prior to consummation. | Reviewer Comment (2024-10-18): Accepted as is. |
10/18/2024 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | N/A | N/A | No | |||||||||||
| [Redacted} | 4000048047 | 4000048047 | 32999842 | Compliance | Compliance | Federal Compliance | TILA | TILA - Impermissible Prepayment Penalty | Truth in Lending Act (Dodd-Frank [redaction]): Covered transaction contains impermissible prepayment penalty. | Reviewer Comment (2024-12-19): Clearing based on BPC being provided. |
12/19/2024 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | N/A | N/A | No | |||||||||||
| [Redacted} | 4000048047 | 4000048047 | 32999843 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redaction]Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redaction]Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $[redaction]exceeds tolerance of $[redaction]. Insufficient or no cure was provided to the borrower. | [redaction]Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $[redaction]exceeds tolerance of $[redaction].The file does not contain a valid Change of Circumstance for the fee, nor evidence of cure in the file. Provide a post close CD disclosing the tolerance cure.A copy or refund check and proof of delivery. | Reviewer Comment (2024-11-22): [redacted]received Letter of explanation, Corrected Closing disclosure and disbursement ledger. Seller Comment (2024-11-20): Comment from [redacted] ([redacted]): Please see Closing ledger for removal of survey fee Reviewer Comment (2024-11-20): [redacted]received PCCD and LOE showing cure of $[redacted] and also removed survey fee from section C of the CD. If survey fee was not charged to borrower at closing a copy of true and certified final SS is required to verify also, required copy of refund check, proof of mailing and LOE for cure provided on PCCD. Seller Comment (2024-11-18): Comment from [redacted] ([redacted]): Please see PCCD and LOX to borrower |
11/22/2024 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | N/A | N/A | No | |||||||||
| [Redacted} | 4000057245 | 4000057245 | 32999845 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Qualifying Assets for Closing of $[redaction]is less than Cash From Borrower $[redaction]. | Reviewer Comment (2024-12-24): Received additional bank statements included in assets. Available for Closing is sufficient to cover Cash From Borrower. Exception cleared. Seller Comment (2024-12-23): Comment from [redacted] ([redacted]): all asset docs Reviewer Comment (2024-12-23): The $[redacted]. includes the EMD and the POC items from the CD. $[redacted] is all we have including the EMD. Seller Comment (2024-12-23): Comment from [redacted] ([redacted]): cash to close per final CD = [redacted] |
12/24/2024 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | N/A | No | |||||||||||
| [Redacted} | 4000057245 | 4000057245 | 32999846 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | The file was missing a copy of Insurance Verification | Reviewer Comment (2024-12-23): Received, Clearing. Seller Comment (2024-12-23): Comment from [redacted] ([redacted]): mortgage stmt |
12/23/2024 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||
| [Redacted} | 4000057245 | 4000057245 | 32999847 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank [redaction]): Creditor did not provide a copy of each valuation to applicant three ([redaction]) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2024-12-23): Accepted as is. Seller Comment (2024-12-23): Comment from [redacted] ([redacted]): appraisal delivery |
12/23/2024 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||
| [Redacted} | 4000057245 | 4000057245 | 32999848 | Compliance | Compliance | State Compliance | State Defect | [redaction] Prepayment Penalty | [redaction] Prepayment Penalty: No prepayment penalties are permissible in the state of [redaction]. Prepay language states prepay will not exceed maximum permitted by applicable law. | Reviewer Comment (2024-12-23): Accepted as is. Buyer Comment (2024-12-23): Comment from [redacted] ([redacted]): PPP allowable on business loans. loan closed in the name of an LLC |
12/23/2024 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | N/A | No | |||||||||||
| [Redacted} | 4000057245 | 4000057245 | 32999849 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of [redaction]is less than Guideline PITIA months reserves of [redaction]. | Reviewer Comment (2024-12-24): Received, Clearing. Seller Comment (2024-12-24): Comment from [redacted] ([redacted]): Please see the attached Memo. |
12/24/2024 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | N/A | No | |||||||||||
| [Redacted} | 4000055864 | 4000055864 | 32999850 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank [redaction]): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2024-12-18): Accepted as is. Seller Comment (2024-12-18): Comment from [redacted] ([redacted]): Proof it was sent to the borrower |
12/18/2024 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redacted} | 4000055864 | 4000055864 | 32999855 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redaction]or [redaction]and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within CA and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2024-12-18): Accepted as is. Seller Comment (2024-12-18): Comment from [redacted] ([redacted]): See Attached |
12/18/2024 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redacted} | 4000055683 | 4000055683 | 32999865 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank [redaction]): Creditor did not provide a copy of each valuation to applicant three ([redaction]) business days prior to consummation. | Reviewer Comment (2024-12-12): Accepted as is. |
12/12/2024 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | D | B | C | B | D | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redacted} | 4000055683 | 4000055683 | 32999869 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redaction]or [redaction]and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary title policy is within [redaction]and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2024-12-12): Accepted as is. |
12/12/2024 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | D | B | C | B | D | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redacted} | 4000055683 | 4000055683 | 32999870 | Compliance | Loan Package Documentation | Loan File | Incomplete File | (Missing Doc) Incomplete loan images/file | The file was missing a copy of CDA [redaction]st page. | Reviewer Comment (2024-12-17): Received, Clearing. Seller Comment (2024-12-17): Comment from [redacted] ([redacted].): All pages of CDA |
12/17/2024 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Rate/Term | D | B | C | B | D | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redacted} | 4000055683 | 4000055683 | 32999871 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Reviewer Comment (2024-12-18): Received, Clearing. Seller Comment (2024-12-17): Comment from [redacted] ([redacted].): Post CD previously not provided. See attached. Borrower has more than enough reserves available. |
12/18/2024 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | D | B | C | B | D | B | A | A | Non QM | Non QM | No | ||||||||||||
| [Redacted} | 822712 | 822712 | 33029707 | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided | Reviewer Comment (2024-12-06): Received UDM. Exception cleared. Buyer Comment (2024-12-05): UDM Report Reviewer Comment (2024-11-19): Received credit report dated [redacted] that is more than [redacted]- days prior to loan closing. Provide a gap credit report or Undisclosed Debt Monitoring (UDM) report is required no more than [redacted]- days prior to loan closing or any time after closing. Exception remains. Buyer Comment (2024-11-15): Please see following SupplementX credit. * End of Report [redacted] [redacted] PM ** |
12/06/2024 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Purchase | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [Redacted} | 823563 | 823563 | 33029713 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redaction]Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redaction]Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $[redaction]exceeds tolerance of $[redaction]. Insufficient or no cure was provided to the borrower. | Cure nor valid COC provided | Reviewer Comment (2024-11-21): [redacted]received LOE. Buyer Comment (2024-11-19): ee attached LOX regarding the following: Please see Fee Itemization attached to Condition ID [redacted]. As shown, the initial State Mortgage Tax that was disclosed was $[redacted]This fee was disclosed [redacted], [redacted] and ultimately decreased by $[redacted]on the Final Closing Disclosure. Reviewer Comment (2024-11-18): [redacted]received rebuttal. We agree with the rebuttal received however we would require LOX stating the same in order to clear the exception. Buyer Comment (2024-11-14): Please see Fee Itemization attached to Condition ID [redacted]. As shown, the initial State Mortgage Tax that was disclosed was $[redacted]This fee was disclosed [redacted], [redacted] and ultimately decreased by $[redacted] on the Final Closing Disclosure. |
11/21/2024 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| [Redacted} | 823563 | 823563 | 33029714 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | The CDA reflects an appraisal was reviewed with a completion date [redaction]. Provide the corresponding appraisal. | Reviewer Comment (2024-12-09): Corresponding appraisal provided Buyer Comment (2024-12-06): Appraisal dated [redacted] Reviewer Comment (2024-12-04): The attachments do not clear this condition. All appraisals must be provided, regardless of updates. The CDA reflects it reviewed a CDA with a completion date of [redacted]. Provide the corresponding appraisal. Buyer Comment (2024-12-04): Please see the attached Appraisal for [redacted] that was delivered to the borrower with the date that matches the CDA date of [redacted]. There was a revision made on [redacted] to the HOA fees that did not impact the value of the appraisal. The last appraisal that has been uploaded has the corrected address to the city of [redacted]. |
12/09/2024 | 1 | D | A | D | A | D | A | D | A | D | A | NY | Primary | Purchase | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [Redacted} | 823563 | 823563 | 33029715 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | City discrepancy [redaction] vs [redaction] | Reviewer Comment (2024-12-04): Updated appraisal provided Buyer Comment (2024-12-04): Appraisal is attached with the correct City listed as [redacted] |
12/04/2024 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [Redacted} | 823563 | 823563 | 33029716 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | City discrepancy [redaction] vs [redaction] | Reviewer Comment (2024-12-10): Updated CDA provided Buyer Comment (2024-12-09): See updated Desk Review Reviewer Comment (2024-12-04): This condition does not pertain to the appraisal but CDA Buyer Comment (2024-12-04): Please see attached Appraisal which has the correct City of [redacted] |
12/10/2024 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [Redacted} | 823563 | 823563 | 33029718 | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing | Only Schedule A was provided. Provide all pages of the title policy. | Reviewer Comment (2024-11-18): Completed title provided Buyer Comment (2024-11-14): See attached Complete Title Policy for review, attached to Condition ID [redacted] |
11/18/2024 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [Redacted} | 823563 | 823563 | 33029720 | Credit | Income / Employment | Income Documentation | Income / Employment | Large deposits were not sourced and/or letter of explanation was not provided. | Provide the source of the large deposit on [redacted]: $[redacted]into account #[redacted]. | Reviewer Comment (2024-12-13): Received evidence of funds transferred from saving account to the checking account. Also received proof of large deposit in amount of $[redacted] . Exception cleared. Buyer Comment (2024-12-11): Borrower moved $[redacted] from [redacted] [redacted]-[redacted]to[redacted][redacted] on [redacted]. Balance in [redacted]was $[redacted]. On [redacted], after deposit client moved $[redacted]from [redacted]out of [redacted]to [redacted]. These transactions are on the same statement. $[redacted]in[redacted][redacted]. $[redacted]K withdrawal from [redacted]and deposit same day of $[redacted]K into [redacted]. Reviewer Comment (2024-12-09): The bank statement provided for account #[redacted]reflects the account had a withdrawal of $[redacted] but the deposit into the account is $[redacted]. Buyer Comment (2024-12-06): $[redacted]K deposit - from savings on same statement - $[redacted]K deposit into savings from investment account attached |
12/13/2024 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [Redacted} | 823206 | 823206 | 33029721 | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted]Initial [redacted] Timing Electronically Provided | [redacted]Integrated Disclosure: [redacted] not delivered to Borrower(s) within three ([redacted]) business days of application. Initial [redacted] dated [redacted] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the [redacted]Act and failure to provide [redacted]of fees timely may result in additional fee tolerance violations. | Reviewer Comment (2024-11-24): [redacted] received earliest e-consent dated [redacted]. Buyer Comment (2024-11-21): [redacted] - [redacted] date |
11/24/2024 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [Redacted} | 823206 | 823206 | 33029723 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: [redacted]not provided | All parties to the transaction were not included. The Settlement Agent, [redacted], and Authorized signor for the seller, Tim, are missing. | Reviewer Comment (2024-11-25): Received [redacted]. [redacted]and [redacted]search ran on seller and [redacted]agent. Exception cleared. Buyer Comment (2024-11-22): [redacted] - updated fraud guard |
11/25/2024 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [Redacted} | 823206 | 823206 | 33029725 | Credit | Missing Document | General | Missing Document | Missing Document: [redacted] - Gap not provided | [redacted] provided on [redacted]and loan closed [redacted] | Reviewer Comment (2024-11-22): Received [redacted]. Exception cleared. Buyer Comment (2024-11-21): [redacted]- [redacted]- [redacted] |
11/22/2024 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [Redacted} | 823206 | 823206 | 33029727 | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted]Ten Percent Tolerance Violation Without Sufficient Cure Provided | [redacted] Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted]exceeds tolerance of $[redacted]plus [redacted]% or $[redacted]. Insufficient or no cure was provided to the borrower. | [redacted]states recording fees increased due to unanticipated documents such as release of lien however loan is a purchase therefore prior lien release is not for the borrower. Provide additional information to determine if [redacted]is valid. | Reviewer Comment (2024-12-03): [redacted] Received Corrected [redacted], [redacted], Refund Check. Buyer Comment (2024-12-02): [redacted] - attached loe and refund check Reviewer Comment (2024-11-25): [redacted] Received Corrected [redacted]; however, [redacted]and Refund Check not provided. Provide [redacted]and Refund Check. Buyer Comment (2024-11-25): [redacted] - [redacted][redacted] for [redacted]recording cure |
12/03/2024 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| [Redacted} | 823206 | 823206 | 33029728 | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted][redacted]Percent Tolerance Violation Without Sufficient Cure Provided | [redacted] Integrated Disclosure: [redacted]Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower. | Sufficient cure provided on Final [redacted]. Once all other tolerance violations are addressed, this on will be addressed with the Final [redacted]. | Reviewer Comment (2024-12-03): [redacted]Received Corrected [redacted], [redacted], Refund Check. Buyer Comment (2024-12-02): [redacted] - [redacted]- attached loe and refund check Reviewer Comment (2024-11-25): [redacted] Received Corrected [redacted]; however, [redacted]and Refund Check not provided. Provide [redacted]and Refund Check. Buyer Comment (2024-11-25): [redacted] - pc cd for [redacted]recording cure. |
12/03/2024 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| [Redacted} | 824918 | 824918 | 33029744 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | [redacted]project is involved in litigation. | The complaints and attorney letter in the file verifies the information is sufficient to meet guidelines and that an investor exception will be required' | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2024-12-11): The client elects to waive. Buyer Comment (2024-12-11): The request for an exception to [redacted]'s eligibility criteria is granted. Compensating Factor [redacted] [redacted]% or more below the maximum allowed under applicable guidelines / Compensating Factor [redacted]- [redacted]<= [redacted]% which is below requirement in guidelines / Compensating Factor[redacted] [redacted] > minimum required |
12/11/2024 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||
| [Redacted} | 824755 | 824755 | 33029749 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | [redacted]Disaster Issue: Property is located in a [redacted]Disaster area and has not been inspected. | Disaster Name: [redacted] Disaster Declaration Date:[redacted] Disaster End Date: [redacted] |
Property inspected post disaster but pre-FEMA declaration of disaster end date. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [redacted]%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [redacted]. | SitusAMC,Aggregator SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2024-12-03): Client elects to waive. [redacted] comments made dated [redacted]: No Damage |
12/03/2024 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | C | B | B | B | C | B | A | A | Non QM | Non QM | No | ||||||||
| [Redacted} | 824755 | 824755 | 33029752 | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted][redacted]Percent Tolerance Violation Without Sufficient Cure Provided | [redacted] Integrated Disclosure: [redacted]Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower. | Cure nor valid [redacted]provided | Reviewer Comment (2024-12-12): [redacted] received [redacted]with fee bifurcation. Corrected fee amount on [redacted]. Buyer Comment (2024-12-11): I have attached [redacted]Attestation in regard to the fees. Reviewer Comment (2024-12-10): [redacted] received rebuttal, however we also require attestation confirming bifurcation of the fee amount and name disclosed on LE. Please provide same to re-evaluate the exception. Buyer Comment (2024-12-09): There is no increase in the transfer Taxes to the amount of $[redacted]. The $[redacted]is for the total of all of the fees in the Recorded Fees Column. $[redacted]for the Recorded Deed, $[redacted]for the Recorded Mortgage, $[redacted]in FL Intangible Taxes, and $[redacted]for the State Mortgage Tax. Please review and advise. Reviewer Comment (2024-12-09): [redacted] received no documents to address the increase in transfer taxes from $[redacted]on initial LE to $[redacted]on final [redacted]. Please provide information as to what changed circumstance occurred (as defined under [redacted](e)([redacted])(A)-(F) that resulted in an increase in closing costs. Buyer Comment (2024-12-06): see attached cure docs |
12/12/2024 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redacted} | 824755 | 824755 | 33029753 | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted][redacted]Percent Tolerance Violation Without Sufficient Cure Provided | [redacted] Integrated Disclosure: [redacted]Percent Fee Tolerance exceeded for Resale Contribution Fee. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower. | Payee not reflected in Section H | Reviewer Comment (2024-12-09): [redacted] received corrected [redacted]updating the paid to party name for fee in section [redacted]. Buyer Comment (2024-12-06): See attached cure docs |
12/09/2024 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redacted} | 824755 | 824755 | 33029754 | Compliance | Compliance | Miscellaneous Compliance | Missing Non-Required Data | Paid To party cannot be determined on the [redacted]. For compliance testing purposes, Paid To of [redacted]will be considered in lieu of UTD. | - ___ | Reviewer Comment (2024-12-03): Client elects to waive |
12/03/2024 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| [Redacted} | 824551 | 824551 | 33029756 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2024-12-04): Approval provided Buyer Comment (2024-12-04): [redacted] - please see attached |
12/04/2024 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||||
| [Redacted} | 824551 | 824551 | 33029757 | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (1st Lien, Escrow Not Established) | Federal Higher-Priced Mortgage Loan ([redacted]): Mandatory escrow account not established on [redacted]lien mortgage loan. | [redacted]loans require escrows. | Reviewer Comment (2024-12-09): [redacted] date and rate provided. Condition no longer applies after retesting. |
12/09/2024 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | If escrow was established before consummation for one impound item but not the other (e.g. taxes but not insurance), cure available by escrowing item that was not previously included. Proof of new escrow setup required. If no escrow account was established at or before consummation, no cure available. |
C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redacted} | 824551 | 824551 | 33029758 | Compliance | Compliance | Federal Compliance | Federal HPML | Federal [redacted][redacted]Non Compliant | Federal Higher-Priced Mortgage Loan: [redacted]on subject loan of [redacted]% or Final Disclosure [redacted]of [redacted]% is equal to or greater than the threshold of [redacted][redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. | [redacted]loans require escrows. | Reviewer Comment (2024-12-09): [redacted] and rate provided. Condition no longer applies after retesting. Buyer Comment (2024-12-09): [redacted] - Lock-In Confirmation |
12/09/2024 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redacted} | 824551 | 824551 | 33029759 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial [redacted]not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2024-12-09): [redacted] provided |
12/09/2024 | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redacted} | 824551 | 824551 | 33029761 | Compliance | Compliance | State Compliance | State HPML | (State HPML) California Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) | [redacted] Higher-Priced Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Compliant Higher Priced Loan. | Reviewer Comment (2024-12-09): [redacted]date and rate provided. Condition no longer applies after retesting. |
12/09/2024 | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | The cure available on a CA HPML loan is dependent upon which prohibited practice is violated. For any loan with an HPML prepayment penalty violation, the loan CANNOT be cured. For any loan without an HPML prepayment penalty violation, the loan can be cured as follows: Within 90 days of closing: (1) notify borrower; (2) at borrower's option: offer to make the loan compliant with HPML provisions or change terms in a manner beneficial to the borrower so the loan is no longer HPML; and (3) take appropriate action based on borrower's choice. (Limited Use Bona Fide Errors - Compliance and Client Approval Required) Within 120 days of discovery or receipt of complaint, provide: (1) Legal opinion from originating lender with loan-specific details on how a high-cost loan was made despite procedures to prevent and confirms (i) the failure constitutes a bona fide error for the jurisdiction in which the property is located, and (ii) that the lender has not received any notice from the borrower of the failure; (2) procedures or explanation of controls in place to prevent such errors; (3) client written approval accepting use of the bona fide error cure; (4) signed borrower choice letter to either (a) accept refund and make loan non-higher-priced loan or (b) keep loan as higher-priced and make loan compliant; (5) If option 4(a) is selected, copy of refund check and proof of mailing; (6) If option 4(b) is selected, proof of cure for each of the prohibited practice violations. Note, a cure may not be accepted if the seller/lender has certified a fix has been made to their system and the same issue continues to occur after the fix has been put into place. |
C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| [Redacted} | 824551 | 824551 | 33029762 | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted]Initial [redacted] Timing without Waiver | [redacted] Integrated Disclosure: [redacted] not provided to Borrower(s) at least three ([redacted]) business days prior to closing. | The file only contained the final [redacted]. Please provide the initial and any subsequent [redacted](if applicable) issued to the borrower for review. | Reviewer Comment (2024-12-04): [redacted] received initial [redacted]. Buyer Comment (2024-12-04): [redacted]- Initial [redacted], [redacted]& Disclosure Tracking |
12/04/2024 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | No Defined Cure | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redacted} | 824551 | 824551 | 33029765 | Credit | Disclosure | Missing Document | Disclosure | [redacted]Consent Agreement is missing. | - | Reviewer Comment (2024-12-04): [redacted] provided Buyer Comment (2024-12-04): [redacted]- [redacted] |
12/04/2024 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redacted} | 824551 | 824551 | 33029766 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | [redacted] is Preliminary or Commitment, and not a Final [redacted]. | Reviewer Comment (2024-12-04): [redacted]provided |
12/04/2024 | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||||
| [Redacted} | 824551 | 824551 | 33029767 | Credit | Title | Document Error | Title | [redacted] is within [redacted]or [redacted]and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2024-12-04): [redacted]provided Buyer Comment (2024-12-04): [redacted]- [redacted] |
12/04/2024 | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||||
| [Redacted} | 825225 | 825225 | 33029769 | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted][redacted]Percent Tolerance Violation Without Sufficient Cure Provided | [redacted] Integrated Disclosure: [redacted]Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower. | The [redacted]reflects rate buydown, however the rate did not change from initial [redacted]to re-disclosed [redacted]. | Reviewer Comment (2024-12-04): [redacted] Received Valid [redacted]for increased discount point fee. Buyer Comment (2024-12-04): See [redacted] |
12/04/2024 | 1 | C | A | C | A | C | A | C | A | C | A | SC | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| [Redacted} | 825225 | 825225 | 33029771 | Credit | Disclosure | Missing Document | Disclosure | [redacted] Consent Agreement is missing. | - | Reviewer Comment (2024-12-04): [redacted] provided Buyer Comment (2024-12-04): See [redacted] |
12/04/2024 | 1 | C | A | C | A | C | A | C | A | C | A | SC | Second Home | Purchase | C | A | C | A | C | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [Redacted} | 825225 | 825225 | 33029772 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | [redacted]unit # is incomplete | Reviewer Comment (2024-12-10): Updated [redacted]provided Buyer Comment (2024-12-09): updated [redacted] |
12/10/2024 | 1 | C | A | C | A | C | A | C | A | C | A | SC | Second Home | Purchase | C | A | C | A | C | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| [Redacted} | 825225 | 825225 | 33029773 | Credit | Missing Document | General | Missing Document | Incomplete Document: [redacted]Final is incomplete | Provide the updated [redacted]. The property profile report reflects the borrower has vested ownership in the primary residence, however the non-borrower is obligated to the [redacted]. | Reviewer Comment (2024-12-11): Corrected [redacted]provided Buyer Comment (2024-12-11): See [redacted] Reviewer Comment (2024-12-10): The same [redacted]was provided that was in file at time of review. Please review the original condition. Provide the updated [redacted]. The property profile report reflects the borrower has vested ownership in the primary residence, however the non-borrower is obligated to the [redacted]. The primary residence should reflect Owned. Buyer Comment (2024-12-09): updated [redacted]. Reviewer Comment (2024-12-04): The same [redacted]was provided that was in file at time of review. Please review the original condition. Provide the updated [redacted]. The property profile report reflects the borrower has vested ownership in the primary residence, however the non-borrower is obligated to the [redacted]. Comment Buyer Comment (2024-12-04): See [redacted] |
12/11/2024 | 1 | C | A | C | A | C | A | C | A | C | A | SC | Second Home | Purchase | C | A | C | A | C | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [Redacted} | 825225 | 825225 | 33029774 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The title address reflects and Garage Unit [redacted], [redacted], [redacted]. All other documents do not. | Reviewer Comment (2024-12-10): [redacted]provided for address Buyer Comment (2024-12-06): See [redacted] |
12/10/2024 | 1 | C | A | C | A | C | A | C | A | C | A | SC | Second Home | Purchase | C | A | C | A | C | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [Redacted} | 825595 | 825595 | 33029781 | Credit | Missing Document | General | Missing Document | Missing Document: [redacted] - Gap not provided | Reviewer Comment (2024-12-13): U[redacted][redacted] provided Buyer Comment (2024-12-12): Please find the [redacted]uploaded |
12/13/2024 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Rate/Term | D | B | D | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [Redacted} | 825595 | 825595 | 33029783 | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted][redacted]Percent Tolerance Violation Without Sufficient Cure Provided | [redacted] Integrated Disclosure: [redacted]Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower. | Cure nor valid [redacted]provided | Reviewer Comment (2024-12-16): [redacted]received [redacted]dated [redacted]and[redacted] Buyer Comment (2024-12-13): Please see attached al[redacted]and change of [redacted] |
12/16/2024 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | D | B | D | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| [Redacted} | 825595 | 825595 | 33029785 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: [redacted]not provided | Evidence in file shows [redacted]was delivered to the borrower on [redacted] but the report date of the [redacted]in file is [redacted]. Pease provided a copy of the [redacted] provided to borrower on [redacted] | Reviewer Comment (2024-12-17): [redacted]appraisal provided Buyer Comment (2024-12-13): Please see appraisal report dated [redacted] |
12/17/2024 | 1 | D | A | D | A | D | A | D | A | D | A | TX | Primary | Refinance - Rate/Term | D | B | D | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [Redacted} | 825595 | 825595 | 33029786 | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (1st Lien, Escrow Not Established) | Federal Higher-Priced Mortgage Loan ([redacted]): Mandatory escrow account not established on [redacted]lien mortgage loan. | Excrow's cannot be waived on [redacted]loans. | Reviewer Comment (2024-12-30): [redacted]of the[redacted] was provided. Buyer Comment (2024-12-30): Please see attached [redacted]- this was confirmed in my comment on[redacted] also, all le, cd's, and change of circumstances were provided on [redacted] Reviewer Comment (2024-12-17): Based on rate lock date and fees on final [redacted] the loan is an [redacted]loan. The lender did not include the [redacted]fee for $[redacted]into the high cost calculations. Buyer Comment (2024-12-17): Sellers rebuttal: Hi, please clarify we are not showing this is an [redacted]loan. The [redacted][redacted]of ([redacted]%) is less than the [redacted][redacted]threshold of ([redacted]%). The [redacted]determines the threshold by adding[redacted]points to the [redacted]average prime offerrate index on the "last date the interest rate is set before consummation." The comparable [redacted]for this loan is ([redacted]%).([redacted][redacted][redacted](a)([redacted] |
12/30/2024 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Rate/Term | If escrow was established before consummation for one impound item but not the other (e.g. taxes but not insurance), cure available by escrowing item that was not previously included. Proof of new escrow setup required. If no escrow account was established at or before consummation, no cure available. |
D | B | D | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| [Redacted} | 825595 | 825595 | 33029787 | Compliance | Compliance | Federal Compliance | Federal HPML | [redacted][redacted] Non Compliant | Federal Higher-Priced Mortgage Loan: [redacted]on subject loan of [redacted]% or Final Disclosure [redacted]of [redacted]% is equal to or greater than the threshold of [redacted][redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. | Excrow's cannot be waived on [redacted]loans. | Reviewer Comment (2024-12-30): Evidence of the relock date was provided. Buyer Comment (2024-12-30): Please see attached [redacted]- this was confirmed in my comment on[redacted]also,[redacted]and change of circumstances were provided on[redacted] Reviewer Comment (2024-12-17): Based on [redacted][redacted]date and fees on final [redacted]the loan is an [redacted]loan. The lender did not include the [redacted]fee for $[redacted]into the high cost calculations. |
12/30/2024 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Rate/Term | D | B | D | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [Redacted} | 825595 | 825595 | 33029788 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent ([redacted]) / Verification of Mortgage ([redacted]) not provided | Private mortgage on subject property is not listed on the Borrower's [redacted] - [redacted] or Note for the review period to verify monthly payment amount, and Proof, Payoff and one of the following required: [redacted] cancelled checks, [redacted]payment, bank transfer/wire, or electronic payment method from the borrower. [redacted] [redacted][redacted]for the review period, Or [redacted] loan payment history from the creditor/servicer and Proof of borrower's payment for the most recent [redacted]-months is required. Or [redacted]months Verification of Mortgage form ([redacted]) completed by the creditor/servicer and Proof of borrower's payment for the most recent[redacted] is required. | Reviewer Comment (2024-12-20): Received Note for the private mortgage. Exception cleared. Buyer Comment (2024-12-19): [redacted], received note after [redacted] Reviewer Comment (2024-12-18): Received [redacted]Supplement which does not suffices the condition. [redacted]required [redacted]statement or Note for the review period to verify [redacted]payment amount. Exception [redacted]. Buyer Comment (2024-12-16): credit supplement confirming mtg pmt Buyer Comment (2024-12-16): Please see [redacted] and evidence of payments Reviewer Comment (2024-12-16): Received [redacted], and proof of borrower's payment for the most recent[redacted]s. However, provide [redacted] or Note for the review period to verify monthly [redacted]t. Exception remains. Buyer Comment (2024-12-12): Please see [redacted]and evidence of payments |
12/20/2024 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Rate/Term | D | B | D | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [Redacted} | 825595 | 825595 | 33029789 | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Payoff Statement Missing | Missing Payoff Statement: Unable to determine if a prepayment penalty was included in the pay-off which may impact high cost findings. | Reviewer Comment (2024-12-06): [redacted] elects to waive |
12/06/2024 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Rate/Term | D | B | D | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [Redacted} | 825353 | 825353 | 33029790 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2024-12-13): Received [redacted]Report. Exception cleared. Buyer Comment (2024-12-11): Please see [redacted] |
12/13/2024 | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| [Redacted} | 825353 | 825353 | 33029792 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2024-12-11): Approval provided Buyer Comment (2024-12-11): Please see approval |
12/11/2024 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| [Redacted} | 823738 | 823738 | 33029798 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud and OFAC searches not run on settlement agent. Provided final CD does not reflect settlement agent name. Also, provide evidence to verify settlement agent name. | Reviewer Comment (2024-12-30): Received updated fraud report. Fraud and OFAC ran on the settlement agent. Exception cleared. Buyer Comment (2024-12-27): Fraud Guard |
12/30/2024 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redacted} | 823738 | 823738 | 33029799 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2024-12-20): Sufficient Cure Provided At Closing |
12/20/2024 | 1 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Purchase | Final CD evidences Cure | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| [Redacted} | 823738 | 823738 | 33029800 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | The loan is approved with [redacted] months bank statement program, we have received [redacted] months bank statements. The file is missing [redacted] statement with Account #[redacted]. | Reviewer Comment (2025-01-02): Additional bank statement provided Buyer Comment (2024-12-31): See [redacted] |
01/02/2025 | 1 | B | A | C | A | B | A | C | A | B | A | NJ | Primary | Purchase | Lender to provide updated ATR/QM status | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redacted} | 823738 | 823738 | 33029801 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Bank Statement Guidelines Number of Bank Statements Requirement not met | Ability to Repay (Dodd-Frank [redacted]): The number of bank statements provided for borrower's bank statement income was less than the number required by guidelines. | The loan is approved with [redacted] months bank statement program, we have received [redacted] months bank statements. The file is missing [redacted] statement with Account #[redacted]. | Reviewer Comment (2025-01-02): Additional bank statement provided Buyer Comment (2024-12-31): [redacted] [redacted] BANK STATEMENT - CONDITION #[redacted] |
01/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redacted} | 823738 | 823738 | 33029803 | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank [redacted]): General Ability-to-Repay requirements not satisfied. | The loan is approved with [redacted] months bank statement program, we have received [redacted] months bank statements. The file is missing [redacted] statement with Account #[redacted]. | Reviewer Comment (2025-01-02): Additional bank statement provided |
01/02/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redacted} | 823738 | 823738 | 33029804 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank [redacted]): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan is approved with [redacted] months bank statement program, we have received [redacted] months bank statements. The file is missing [redacted]statement with Account #[redacted]. | Reviewer Comment (2025-01-02): Additional bank statement provided Buyer Comment (2024-12-31): [redacted] [redacted] STATEMENT - CONDITION #[redacted] |
01/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redacted} | 823738 | 823738 | 33029805 | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided | The Undisclosed Debt Notification Report provided is not dated within [redacted] days prior to closing. Date is [redacted] and closing date is [redacted]. | Reviewer Comment (2024-12-30): Received [redacted] dated [redacted]. Exception cleared. Buyer Comment (2024-12-27): UDN |
12/30/2024 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redacted} | 826775 | 826775 | 33029809 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2024-12-30): Received Title Supplemental Report. Exception cleared. Buyer Comment (2024-12-27): Please see title supplement Seller Comment (2024-12-27): Title supplement was included with the original package, page[redacted], please see the attached again. |
12/30/2024 | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Purchase | B | A | B | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [Redacted} | 826775 | 826775 | 33029812 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | The Appraisal Re-Inspection Fee increases from $[redacted]on the initial Loan Estimate to $[redacted] on the initial Closing Disclosure without a valid change of circumstance. | Reviewer Comment (2024-12-20): Sufficient Cure Provided At Closing |
12/20/2024 | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | Final CD evidences Cure | B | A | B | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| [Redacted} | 12024091048 | 12024091048 | 33112494 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception was requested and approved for Borrower desiring to use rental income from the investment properties not associated with the business. May do so by providing a current active lease together with proof of rent payments received for the most recent[redacted] months. Compensating factors include only $[redacted] cannot be validated, while bulk is Section[redacted], borrower is self-employed, and in the same business for over [redacted] years, and residual income is more than $[redacted] per month. | The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. Borrower has verified disposable income of at least $[redacted]. |
DTI: [redacted]% Guideline Maximum DTI: [redacted]% Guidelines Representative FICO: [redacted] Representative FICO: [redacted] Documentation Type: [redacted] Disposable Income: $[redacted] |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2024-12-16): Lender exception was requested and approved for Borrower desiring to use rental income from the investment properties not associated with the business. May do so by providing a current active lease together with proof of rent payments received for the most recent [redacted] months. Compensating factors include only $[redacted] cannot be validated, while bulk is Section[redacted], borrower is self-employed, and in the same business for over [redacted] years, and residual income is more than $[redacted]per month. |
12/16/2024 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Refinance - Cash-out - Other | B | B | B | B | B | B | A | A | Exempt from ATR | N/A | No | ||||||||
| [Redacted} | 12024091048 | 12024091048 | 33112495 | Compliance | Compliance | Federal Compliance | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-[redacted]: Title Co. Closing Statement Used For Fee Testing Non Material | Missing Final HUD-[redacted]: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing. Investment occupancy with business purpose cert in file. Business purpose loans exempt from RESPA HUD-[redacted] requirement. EV[redacted] informational finding to indicate which document was used to source fees for any applicable testing. | File contains title company closing statement. If HUD-[redacted] or CD was not used in transaction, condition can be waived. | Reviewer Comment (2024-12-24): Client elects to waive. Buyer Comment (2024-12-20): Please be so kind to WAIVE this condition to an EV - [redacted]. Thank you. Reviewer Comment (2024-12-20): The document provided is not a HUD-[redacted]. It is a title company closing statement. To clear this condition, a HUD-[redacted] or final CD is required. If the title company closing statement was used, condition can be waived as it is informational; however, we are unable to clear without the above documents. Buyer Comment (2024-12-18): Good morning, [redacted]. Please explain the meaning of the "exception information" comment above means PLEASE. If the HUD-[redacted] was received, is it not acceptable? Thank you so much. Buyer Comment (2024-12-18): Please find attached HUD-1. Thank you. |
12/24/2024 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Refinance - Cash-out - Other | B | B | B | B | B | B | A | A | Exempt from ATR | N/A | No | ||||||||||
| [Redacted} | 12024110140 | 12024110140 | 33112520 | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | Borrower has been employed in the same industry for more than [redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
DTI: [redacted]% Guideline Maximum DTI: [redacted]% Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2025-01-22): Client elects to waive with compensating factors. Buyer Comment (2025-01-17): Please "WAIVE" this condition due to the following compensating factors as follows: Borrowers mid fico is [redacted]+ points over the minimum required. Borrower has good ratios of [redacted]%/[redacted]%. Borrower has been self-employed for over[redacted]+ yrs and in his respective profession for [redacted]+yrs. Borrowers had over [redacted]mths of reserves. Borrower never late or past due on any mortgages. Thank you. |
01/22/2025 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||
| [Redacted} | 12024110140 | 12024110140 | 33112521 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Last Date Rate Set and Initial Rate Lock Date not provided. | Reviewer Comment (2025-01-10): Cleared. Buyer Comment (2025-01-08): Please find attached rate lock sheet. Thank you. |
01/10/2025 | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redacted} | 12024110140 | 12024110140 | 33112522 | Compliance | Compliance | Federal Compliance | Flood | Flood Insurance Escrow - Flood not Escrowed for Property in Flood Zone | Loan originated post [redacted], the subject property is in a flood zone, flood insurance is not escrowed. | Flood insurance is not escrowed. | Reviewer Comment (2025-01-23): Exception cleared based on trailing documentation supporting the escrow of flood insurance. Buyer Comment (2025-01-21): Provided corrected CD [redacted], is a PCCD do not required borrower signature and see attached LOE. Reviewer Comment (2025-01-10): Corrected Closing Disclosure not signed by borrower. No LOE to borrower explaining the changes. Buyer Comment (2025-01-08): Please see attached email confirming in our system flood insurance has been escrowed for. LOE from closing manager. Thank you. |
01/23/2025 | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redacted} | 12024110140 | 12024110140 | 33112524 | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus [redacted]% or $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-01-02): Sufficient Cure Provided At Closing |
01/02/2025 | 1 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redacted} | 12024110140 | 12024110140 | 33112525 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to three ([redacted]) business days from transaction date of [redacted] [redacted] AM. | Reviewer Comment (2025-01-13): Cleared Buyer Comment (2025-01-09): RTC WAIVER |
01/13/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redacted} | 12024110140 | 12024110140 | 33112526 | Credit | Compliance | Miscellaneous Compliance | Compliance | RTC Waiver: Borrower exercised right to cancel waiver. | Buyer Comment (2025-01-23): We accept EV[redacted]grade Buyer Comment (2025-01-22): Please "WAIVE" this condition to an "[redacted]" based on the following compensating factors as follows: Borrowers' mid fico is [redacted]+ points over the minimum required. Borrower has good ratios of [redacted]%/[redacted]%. Borrower has been self-employed for over [redacted]+ yrs and in his respective profession for [redacted]+yrs. Borrowers had over [redacted]mths of reserves. Borrower never late or past due on any mortgages. Thank you. |
01/23/2025 | 2 | B | B | B | B | B | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||||||||
| [Redacted} | 12024110140 | 12024110140 | 33112527 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Waiver of 3-day Waiting Period In File | Truth in Lending Act: Waiver of three ([redacted]) business day waiting period for Rescission due to Bonafide Financial Emergency. | Buyer Comment (2025-01-23): We accept EV[redacted] grade Reviewer Comment (2025-01-23): Downgraded to EV[redacted]-B based on client acceptance of bona fide waiver. Buyer Comment (2025-01-22): Please "WAIVE" this condition to an exception grade of "[redacted]" based on the following compensating factors as follows: Borrowers' mid fico is [redacted]+ points over the minimum required. Borrower has good ratios of [redacted]%/[redacted]%. Borrower has been self-employed for over [redacted]+ yrs and in his respective profession for [redacted]+yrs. Borrowers had over [redacted]mths of reserves. Borrower never late or past due on any mortgages. Thank you. Reviewer Comment (2025-01-17): This document was reviewed by our compliance team. The downgrade request would need to be at the client's direction based on their analysis and consideration of the waiver. [redacted] will not make the determination of whether it meets any type of standard but we simply cite the exception alerting them it is there. If [redacted] is requesting a downgrade of this condition to EV[redacted], they will need to add comments to the condition in [redacted] stating they are requesting this. Buyer Comment (2025-01-15): Please refer to attached RTC waiver uploaded on [redacted]. |
01/23/2025 | 2 | B | B | B | B | B | FL | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||||||
| [Redacted} | 12024110318 | 12024110318 | 33112538 | Credit | Business Purpose | General | Business Purpose | Missing Document: Spousal Consent not provided. | - | Spousal Consent form is missing in file. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. | Reserves: [redacted] Guideline Requirement: [redacted] |
Originator Pre-Close,SitusAMC | Reviewer Comment (2024-12-23): Waived per client request. Buyer Comment (2024-12-19): Lender accepts. Please waive with available compensating factors |
12/23/2024 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||
| [Redacted} | 12024110318 | 12024110318 | 33112540 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved for lease being month to month and tenants pay in cash with compensating factors of experienced investor and [redacted] tradelines [redacted] [redacted]years. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. | Reserves: [redacted] Guideline Requirement: [redacted] |
Originator Pre-Close,SitusAMC | Reviewer Comment (2024-12-18): Client elects to waive with compensating factors. |
12/18/2024 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| [Redacted} | 12024111049 | 12024111049 | 33112542 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Instructions not provided | Reviewer Comment (2025-01-03): Clear. Buyer Comment (2024-12-31): Attached find the signed Closing Instructions |
01/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| [Redacted} | 12024111049 | 12024111049 | 33112543 | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | Missing credit report for borrower. XXX is listed as Borrower on Note. If the Note was signed incorrectly, and a corrected Note will be provided, the following will be required: Corrected Note, LOE and proof of delivery to borrowers prior to new Note being signed, and a destroyed Note affidavit for the incorrect Note that was provided". | Reviewer Comment (2025-01-23): Cleared. Buyer Comment (2025-01-22): DESTRUCTION AFFIDAVIT Buyer Comment (2025-01-22): CORRECTIVE NOTE Buyer Comment (2025-01-22): NEWLY EXECUTED NOTE Buyer Comment (2025-01-22): LOX Buyer Comment (2025-01-22): NEW DOT Buyer Comment (2025-01-22): UPLOADING NEW NOTE, RE-EXECUTED/RE-RECORDED DOT (SIGNATURE DATE IS PRESENT), LOX AND DESTRUCTION NOTE AFFIFDAVIT. Reviewer Comment (2025-01-21): There are no dates for the signatures. Unable to verify when they were signed. Provide fully executed Note and [redacted] with signatures and date signed. Buyer Comment (2025-01-17): [redacted]- The new signed note is sufficient to clear this. Proof that is was sent is not needed as you already have a new signed copy. Reviewer Comment (2025-01-17): Will be reviewed again once we have verification that the updated Note was sent to borrower for signature. Buyer Comment (2025-01-16): Attached find the correction affidavit for the DOT. Buyer Comment (2025-01-15): Attached find the corrected Note and Deed. |
01/23/2025 | 1 | D | A | D | A | D | A | D | A | D | A | TX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024111049 | 12024111049 | 33112544 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final [redacted] | File is missing final [redacted] for borrower. XXX is listed as Borrower on Note. If the Note was signed incorrectly, and a corrected Note will be provided, the following will be required: Corrected Note, LOE and proof of delivery to borrowers prior to new Note being signed, and a destroyed Note affidavit for the incorrect Note that was provided". | Reviewer Comment (2025-01-23): Cleared. Security instrument was also re-signed and it is Notarized. Reviewer Comment (2025-01-21): There are no dates for the signatures. Unable to verify when they were signed. Provide fully executed Note and [redacted] with signatures and date signed. Buyer Comment (2025-01-17): [redacted]- We uploaded new signed copies of the note. This should be sufficient to show proof that the borrowers signed and saw the new note. Reviewer Comment (2025-01-17): Provide verification the new Note and LOE was sent to borrowers to be signed. Buyer Comment (2025-01-16): see attached revised Note |
01/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024100296 | 12024100296 | 33112550 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved for request to close in an entity that is not solely for the ownership and management of real estate with compensating factors of FICO [redacted] and reserves. | 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. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2024-12-23): Client elects to waive with compensating factors. |
12/23/2024 | 2 | B | B | B | B | B | B | B | B | B | B | GA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||
| [Redacted} | 12024100296 | 12024100296 | 33112551 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved for state tax lien not to be paid at closing. Borrower to remain on tax lien repayment plan with compensating factors of FICO [redacted] and reserves. | 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. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2024-12-23): Client elects to waive with compensating factors. |
12/23/2024 | 2 | B | B | B | B | B | B | B | B | B | B | GA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||
| [Redacted} | 12024110451 | 12024110451 | 33112553 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-[redacted] total cash-out of ___ is greater than Guideline total cash-out of ___. | Lender requested was approved to receive over $[redacted] cash proceeds when the LTV is over [redacted]%. The borrower is receiving approximately $[redacted]. Exception is also approved for less than six months seasoning on a cash-out transaction. Compensating factors include FICO [redacted]+ points over minimum matrix tier, [redacted] over [redacted], and over [redacted] months additional reserves than required with a loan amount under $[redacted] million. | 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. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2025-01-06): Lender requested was approved to receive over $[redacted] cash proceeds when the LTV is over [redacted]%. The borrower is receiving approximately $[redacted]. Exception is also approved for less than six months seasoning on a cash-out transaction. Compensating factors include FICO [redacted]+ points over minimum matrix tier, [redacted] over [redacted], and over [redacted]months additional reserves than required with a loan amount under $[redacted]million. |
01/06/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||
| [Redacted} | 12024110811 | 12024110811 | 33112557 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | Discrepancy in zip code: Note disclosed [redacted] and Appraisal disclosed [redacted] | Reviewer Comment (2025-01-30): clear Buyer Comment (2025-01-30): EVIDENCE OF SIGNING W TITLE Buyer Comment (2025-01-30): LOX EXPLAINING DISCREPANCY Buyer Comment (2025-01-30): LOI TO RE-RECORD DOT Buyer Comment (2025-01-30): LOX Buyer Comment (2025-01-30): NOTE & DOT |
01/30/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||
| [Redacted} | 12024110811 | 12024110811 | 33112558 | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. | Discrepancy in zip code: Note disclosed [redacted] and flood certificate document disclosed [redacted] | Reviewer Comment (2025-01-30): clear |
01/30/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110811 | 12024110811 | 33112559 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | Discrepancy in zip code: Note disclosed[redacted] and Insurance document disclosed [redacted] | Reviewer Comment (2025-01-30): clear |
01/30/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redacted} | 12024110811 | 12024110811 | 33112560 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | Discrepancy in zip code: Note disclosed [redacted] and Appraisal disclosed [redacted] | Reviewer Comment (2025-01-30): clear Buyer Comment (2025-01-30): DESTRUCTION NOTE AFFIDAVIT Buyer Comment (2025-01-30): NOTE DESTRUCTION AFFIDAVIT |
01/30/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No |