Exhibit 99.2 Schedule 1
| Loan ID | Seller Loan ID | Investor Loan ID | Overall Initial Loan Grade | Overall Final Loan Grade | Credit Initial Loan Grade | Credit Current/Final Loan Grade | Compliance Initial Loan Grade | Compliance Current/Final Loan Grade | Property Initial Loan Grade | Property Current/Final Loan Grade | Queue | Finding Code | Date Created | Date Modified | Finding Status | Event Level | Initial Finding Grade | Current/Final Finding Grade | Finding Category | Finding Sub Category | Finding Name | Finding Comments | Seller Comments | Resolution Comments | Reviewer Comp Factor | Originator Comp Factors | Finding Documents | Originator QM Status | Final Reviewed QM Status | Loan Amount | Property State | Occupancy | Loan Purpose | Refinance Purpose | Acknowledged / WaivedBy | Waiver in File? | Unique Finding ID |
| 2427247 | xxx | C | A | A | A | C | A | A | A | Closed | finding-3634 | 2022-03-15 15:31 | 2022-03-28 14:26 | Resolved | 1 - Information | C | A | Compliance | TRID Tolerance | Charges That Cannot Increase Test | Resolved- ***Received COC with date of change xxx. - Due Diligence Vendor-03/16/2022 Ready for Review-Document Uploaded. - Seller-03/15/2022 Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $xxx.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). ***The discount points appear to increase on the final CD. Please provide proof of the increase. - Due Diligence Vendor-03/10/2022 Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $xxx.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). - Due Diligence Vendor-03/10/2022 |
Ready for Review-Document Uploaded. - Seller-03/15/2022 |
Resolved- ***Received COC with date of change xxx. - Due Diligence Vendor-03/16/2022 |
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 21 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 23.72% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More |
xxx | ATR/QM: Exempt | ATR/QM: Exempt | xxx | xxx | Primary Residence | Purchase | NA | N/A | N/A | xxx | ||
| 2427247 | xxx | C | A | A | A | C | A | A | A | Closed | finding-3631 | 2022-03-15 15:31 | 2022-03-28 14:26 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved- ***Received COC with date of change xxx. - Due Diligence Vendor-03/16/2022 Ready for Review-Document Uploaded. - Seller-03/15/2022 Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. ***The discount points appear to increase on the final CD. Please provide proof of the increase. - Due Diligence Vendor-03/10/2022 Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-03/10/2022 |
Ready for Review-Document Uploaded. - Seller-03/15/2022 |
Resolved- ***Received COC with date of change xxx. - Due Diligence Vendor-03/16/2022 |
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 21 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 23.72% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More |
xxx | ATR/QM: Exempt | ATR/QM: Exempt | xxx | xxx | Primary Residence | Purchase | NA | N/A | N/A | xxx | ||
| 2427247 | xxx | C | A | A | A | C | A | A | A | Closed | finding-3632 | 2022-03-15 15:31 | 2022-03-16 11:11 | Resolved | 1 - Information | C | A | Compliance | Disclosures (Federal, State, and Data Dependent) | Consummation or Reimbursement Date Validation Test | Resolved- ***Received COC with date of change xxx. - Due Diligence Vendor-03/16/2022 Ready for Review-Document Uploaded. - Seller-03/15/2022 Open-This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.***The discount points appear to increase on the final CD. Please provide proof of the increase. - Due Diligence Vendor-03/10/2022 Open-This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-03/10/2022 |
Ready for Review-Document Uploaded. - Seller-03/15/2022 |
Resolved- ***Received COC with date of change xxx. - Due Diligence Vendor-03/16/2022 |
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 21 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 23.72% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More |
xxx | ATR/QM: Exempt | ATR/QM: Exempt | xxx | xxx | Primary Residence | Purchase | NA | N/A | N/A | xxx | ||
| 2670089 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | xxx | xxx | Investment | Purchase | NA | |||||||||||||||||||
| 2607896 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | xxx | xxx | Investment | Purchase | NA | |||||||||||||||||||
| 2724628 | xxx | D | A | A | A | A | A | D | A | Closed | FPRO1244 | 2022-08-23 20:51 | 2022-08-26 10:10 | Resolved | 1 - Information | D | A | Property | Missing Doc - Third Party Valuation | 3rd Party Valuation Product is Required and Missing | Resolved-desk review provided with value of $xxx or 0 % variance . Finding resolved . - Due Diligence Vendor-08/26/2022 Ready for Review-xxx valuation process - to order produc.t - Seller-08/24/2022 Open-CDA not provided and CDA needed. Order placed for third party product. - Due Diligence Vendor-08/24/2022 |
Ready for Review-xxx valuation process - to order produc.t - Seller-08/24/2022 |
Resolved-desk review provided with value of $xxx or 0 % variance . Finding resolved . - Due Diligence Vendor-08/26/2022 |
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 209.59 Are Greater Than The Guideline Minimum Of 0 By Six (6) Or More Months Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 56.63% Is Below the Guideline Maximum Of 80% By Ten Percent (10%) or More |
ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx | |||
| 2738198 | xxx | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | |||||||||||||||||||
| 2350102 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| 2331770 | xxx | D | A | A | A | A | A | D | A | Closed | FPRO1244 | 2022-08-29 19:13 | 2022-09-07 12:15 | Resolved | 1 - Information | D | A | Property | Missing Doc - Third Party Valuation | 3rd Party Valuation Product is Required and Missing | Resolved-desk review provided with value $ xxx or 0 % variance . finding resolved . - Due Diligence Vendor-09/07/2022 Ready for Review-xxx valuation process - to order product. - Seller-09/01/2022 Open-CDA not provided and CDA needed. Order placed for third party product. - Due Diligence Vendor-08/29/2022 |
Ready for Review-xxx valuation process - to order product. - Seller-09/01/2022 |
Resolved-desk review provided with value $ xxx or 0 % variance . finding resolved . - Due Diligence Vendor-09/07/2022 |
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 19 Years Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 39.43% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 97.18 Are Greater Than The Guideline Minimum Of 0 By Six (6) Or More Months Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20 Years Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20 Years Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 65% Is Below The Guideline Maximum Of 70% By Ten Percent (10%) Or More Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.5590428211586902 |
ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx | |||
| 2940347 | xxx | D | B | A | A | A | A | D | B | Closed | FVAL3825 | 2022-09-02 02:47 | 2022-09-09 07:40 | Acknowledged | 2 - Non-Material | A | B | Property | Property Issue | FEMA Declared Disaster Dated Prior to the Note Date, After Appraisal Date | Acknowledged-Investor Variance issued to allow for post-disaster inspection to be performed after settlement. Inspection on xxx (funded xxx) confirms no visible external damage to the property. - Due Diligence Vendor-09/09/2022 Ready for Review-Document Uploaded. Please review the post-close disaster report - thank you. - Seller-09/08/2022 Open-Per Investor Exception Approval in file to proceed with photos from borrower, management has required Post-Disaster Inspection Report to ensure no impact- please provide a copy of same to complete review of property status. - Due Diligence Vendor-09/02/2022 |
Ready for Review-Document Uploaded. Please review the post-close disaster report - thank you. - Seller-09/08/2022 |
Acknowledged-Investor Variance issued to allow for post-disaster inspection to be performed after settlement. Inspection on xxx (funded xxx) confirms no visible external damage to the property. - Due Diligence Vendor-09/09/2022 |
Twenty-Four (24) Months Housing History Reviewed With No Late Payments - Twenty-Four (24) Months Housing History Reviewed With No Late Payments | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx | ||
| 2940347 | xxx | D | B | A | A | A | A | D | B | Closed | FPRO1244 | 2022-08-30 21:46 | 2022-09-07 11:58 | Resolved | 1 - Information | D | A | Property | Missing Doc - Third Party Valuation | 3rd Party Valuation Product is Required and Missing | Resolved-desk review provided with value of $ xxx or 0 % variance . finding resolved - Due Diligence Vendor-09/07/2022 Ready for Review-xxx valuation process - to order product. - Seller-08/31/2022 Open-CDA not provided and CDA needed. Order placed for third party product. - Due Diligence Vendor-08/31/2022 |
Ready for Review-xxx valuation process - to order product. - Seller-08/31/2022 |
Resolved-desk review provided with value of $ xxx or 0 % variance . finding resolved - Due Diligence Vendor-09/07/2022 |
Twenty-Four (24) Months Housing History Reviewed With No Late Payments - Twenty-Four (24) Months Housing History Reviewed With No Late Payments | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | N/A | N/A | xxx | |||
| 2535788 | xxx | D | A | A | A | A | A | D | A | Closed | FPRO1244 | 2022-09-13 09:26 | 2022-09-20 10:27 | Resolved | 1 - Information | D | A | Property | Missing Doc - Third Party Valuation | 3rd Party Valuation Product is Required and Missing | Resolved-Document Uploaded. desk review provided with value of $ xxx or 0 % variance .finding resolved . - Due Diligence Vendor-09/20/2022 Ready for Review-CDA not provided and CDA needed. Order placed for third party product. - Due Diligence Vendor-09/15/2022 Ready for Review-xxx valuation process - to order product. - Seller-09/14/2022 Open- - Due Diligence Vendor-09/13/2022 |
Ready for Review-xxx valuation process - to order product. - Seller-09/14/2022 |
Resolved-Document Uploaded. desk review provided with value of $ xxx or 0 % variance .finding resolved . - Due Diligence Vendor-09/20/2022 |
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 7 Years Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 750 By Twenty (20) or More Points Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 40% Is Below the Guideline Maximum Of 80% By Ten Percent (10%) or More Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 104.42 Are Greater Than The Guideline Minimum Of 0 By Six (6) Or More Months |
xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx | ||
| 2232895 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| 2301530 | xxx | D | A | A | A | A | A | D | A | Closed | FPRO1244 | 2022-10-04 09:01 | 2022-10-11 09:14 | Resolved | 1 - Information | D | A | Property | Missing Doc - Third Party Valuation | 3rd Party Valuation Product is Required and Missing | Resolved-Document Uploaded. desk review provided with value of $ xxx or 0% variance .finding resolved - Due Diligence Vendor-10/11/2022 Ready for Review-xxx valuation process - to order product. - Seller-10/07/2022 Open-CDA not provided and CDA needed. Order placed for third party product. - Due Diligence Vendor-10/04/2022 |
Ready for Review-xxx valuation process - to order product. - Seller-10/07/2022 |
Resolved-Document Uploaded. desk review provided with value of $ xxx or 0% variance .finding resolved - Due Diligence Vendor-10/11/2022 |
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 14 Years Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 21.74 Are Greater Than The Guideline Minimum Of 0 By Six (6) Or More Months |
xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx | ||
| 2890067 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | |||||||||||||||||||
| 2381181 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | |||||||||||||||||||
| 2770480 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| 2880158 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| 2533385 | xxx | D | A | D | A | A | A | A | A | Closed | FCRE2109 | 2024-11-08 09:44 | 2024-11-13 08:28 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Lender Income Calculation Worksheet is missing | Resolved-Lender Worksheet or Bank Statement Summary Provided - Due Diligence Vendor-11/13/2024 Ready for Review-B1 B2 INCOME WORKSHEET - Due Diligence Vendor-11/13/2024 Open-Missing Lender Worksheet or Bank Statement Summary Missing Lending Income Worksheets for b1 and b2. - Due Diligence Vendor-11/08/2024 |
Resolved-Lender Worksheet or Bank Statement Summary Provided - Due Diligence Vendor-11/13/2024 |
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 30.71% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years Borrower At Current Residence For Five (5) Or More Years - 5 Years Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 740 Qualifying FICO Of 785 is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 64.29% Is Below The Guideline Maximum Of 90% Original LTV Of 64.29% Is Below The Guideline Maximum Of 80% By Ten Percent (10%) Or More Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - 23.81 Years Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01 Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01 Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 62.62 Are Greater Than The Guideline Minimum Of 6 By Six (6) Months Reserves Of 62.62 Are Greater Than The Guideline Minimum Of 0 By Six (6) Or More Months Twenty-Four (24) Months Housing History Reviewed With No Late Payments - Twenty-Four (24) Months Housing History Reviewed With No Late Payments Twenty-Four (24) Months Housing History Reviewed With No Late Payments |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | N/A | N/A | xxx | |||
| 2524306 | xxx | D | A | C | A | A | A | D | A | Closed | FVAL1310 | 2024-11-07 03:05 | 2024-11-12 09:21 | Resolved | 1 - Information | D | A | Property | Missing Doc | HOA Questionnaire is Missing or incomplete | Resolved-Verified. Updated. - Due Diligence Vendor-11/12/2024 Resolved-Verified. Updated. - Due Diligence Vendor-11/12/2024 Ready for Review-Could you please let us know if the email clarification from the client has been reviewed? The property is a self-managed condominium with no formal HOA and the requirement for a standard HOA questionnaire should not apply, as there is no formal HOA entity to provide such documentation. - Due Diligence Vendor-11/12/2024 Open-HOA Questionnaire Document status is Missing. Per G/L: HOA questionnaire is required, except for a detached condo. - Due Diligence Vendor-11/07/2024 |
Resolved-Verified. Updated. - Due Diligence Vendor-11/12/2024 Resolved-Verified. Updated. - Due Diligence Vendor-11/12/2024 |
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 7.25 Years Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 87.03 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 58.18% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More |
xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | N/A | N/A | xxx | |||
| 2524306 | xxx | D | A | C | A | A | A | D | A | Closed | FCRE8138 | 2024-11-08 16:02 | 2024-11-12 09:15 | Resolved | 1 - Information | C | A | Credit | Income | DSCR is less than the guideline minimum | Resolved-Verified. Updated. - Due Diligence Vendor-11/12/2024 Ready for Review-The borrower is First-time investor currently own a primary residence for at least 1 year. The DSCR>1 restriction applies to the First-time investor without currently owning a primary residence. Could you please review and let us know if you have any concerns? - Due Diligence Vendor-11/12/2024 Open-Reviewed DSCR of 0.905 is less than guidelines required minimum DSCR of 1.0. - Due Diligence Vendor-11/09/2024 Open- - Due Diligence Vendor-11/08/2024 |
Resolved-Verified. Updated. - Due Diligence Vendor-11/12/2024 |
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 7.25 Years Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 87.03 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 58.18% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More |
ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | N/A | N/A | xxx | ||||
| 2427477 | xxx | C | A | C | A | A | A | A | A | Closed | FCRE1198 | 2024-11-19 07:56 | 2024-11-26 07:42 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved- - Due Diligence Vendor-11/26/2024 Ready for Review-Please see attached. - Due Diligence Vendor-11/25/2024 Counter-At the time of closing/disbursement (XXX) the borrower only had $xxx in verified assets, the Bank statement provided states $xxx after CTC was withdrawn leaving the reserves short by $xxx. "Approved Investor exception" or "Proof of additional assets prior to closing/disbursement (xxx)" is required. - Due Diligence Vendor-11/25/2024 Ready for Review-Please see attached final settlement statement. We verified the reserves prior to funding the loan. - Due Diligence Vendor-11/25/2024 Counter-At the time of closing/disbursement (xxx) the borrower only had $xxx in verified assets, the Bank statement provided states $xxx after CTC was withdrawn leaving the reserves short by $xxx. Approved Investor exception or Proof of additional assets prior to closing/disbursement (xxx) is required. - Due Diligence Vendor-11/22/2024 Ready for Review-Please see attached. $xxx – xxx – xxx + xxx = $xxx - Due Diligence Vendor-11/22/2024 Counter-please provide xxx#xxx as of xxx verifying $xxx available balance. - Due Diligence Vendor-11/21/2024 Ready for Review-Reserve is 4mos. $xxx x 4mos. = $xxx Borrower’s verified asset was $xxx (xxx#xxx as of xxx) Borrower brought in $xxx for closing funds. $xxx - $xxx = $xxx Borrower has more than reserve amount remaining. - Due Diligence Vendor-11/20/2024 Open-Reserves of 3.18 months is less than the required 4 months. At the time of review the borrower had a total of $xxx for closing and reserves. Final CD reflects $xxx required to close. 4 months for reserves is $xxx and borrower had $xxx remaining leaving the loan short $xxx for reserves. - Due Diligence Vendor-11/19/2024 |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Second Home | Purchase | NA | N/A | N/A | xxx | |||||
| 2373451 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | |||||||||||||||||||
| 2355653 | xxx | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | |||||||||||||||||||
| 2536277 | xxx | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | |||||||||||||||||||
| 2870361 | xxx | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | |||||||||||||||||||
| 2894904 | xxx | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2024-11-25 17:50 | 2024-12-04 14:11 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-12/04/2024 Ready for Review-Please see the attached CREDIT REFRESH dated xxx - Due Diligence Vendor-12/04/2024 Counter-The Credit Refresh report provided exceeds the 10 days prior to closing requirement (14 days total) per guidelines: Credit refresh is required no more than 10 days prior to loan closing OR at any time after closing. Any new debt must be included in determining the DTI ratio. - Due Diligence Vendor-12/02/2024 Ready for Review-CREDIT REFRESH - Due Diligence Vendor-12/02/2024 Open-Borrower 1 Gap Credit Report is Missing Credit refresh is required no more than 10 days prior to loan closing or at any time after closing. Any new debt must be included in determining the DTI ratio - Due Diligence Vendor-11/25/2024 |
Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-12/04/2024 |
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 11.91 Years Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 0.75% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.12 Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 9.71 Are Greater Than The Guideline Minimum Of 0 By Six (6) Or More Months |
xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | N/A | N/A | xxx | |||
| 2894904 | xxx | D | A | D | A | A | A | A | A | Closed | FCRE1157 | 2024-11-24 22:48 | 2024-12-02 09:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Insurance | Hazard Insurance Policy is Missing | Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-12/02/2024 Ready for Review-Please see the attached EOI & RCE - Due Diligence Vendor-12/02/2024 Open-Missing Hazard Insurance Policy - Due Diligence Vendor-11/25/2024 |
Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-12/02/2024 |
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 11.91 Years Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 0.75% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.12 Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 9.71 Are Greater Than The Guideline Minimum Of 0 By Six (6) Or More Months |
xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | N/A | N/A | xxx | |||
| 2376565 | xxx | D | A | D | A | A | A | A | A | Closed | FCRE1764 | 2024-11-26 16:29 | 2024-12-04 12:57 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Verification of Mortgage | Resolved- - Due Diligence Vendor-12/04/2024 Ready for Review-The credit report reflects the mortgage, so it appears that a VOM may not be necessary. - Due Diligence Vendor-12/04/2024 Open-Cannot locate information on PITIA supporting documents for xxx property - Due Diligence Vendor-11/26/2024 |
Resolved- - Due Diligence Vendor-12/04/2024 |
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 10 Years Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 43.7% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 5.88 Years Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - 10.88 Years Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 28.68 Are Greater Than The Guideline Minimum Of 9 By Six (6) Or More Months |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | N/A | N/A | xxx | |||
| 2376565 | xxx | D | A | D | A | A | A | A | A | Closed | FCRE1356 | 2024-11-25 06:08 | 2024-12-03 11:52 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Income | Borrower 2 YTD Profit & Loss Missing | Resolved-Borrower 2 YTD Profit & Loss Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-12/03/2024 Ready for Review-please see attached - Due Diligence Vendor-12/03/2024 Open-Borrower 2 YTD Profit & Loss Missing Borrower 2 Profit & Loss statement is missing to validate the income. - Due Diligence Vendor-11/25/2024 |
Resolved-Borrower 2 YTD Profit & Loss Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-12/03/2024 |
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 10 Years Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 43.7% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 5.88 Years Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - 10.88 Years Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 28.68 Are Greater Than The Guideline Minimum Of 9 By Six (6) Or More Months |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | N/A | N/A | xxx | |||
| 2511956 | xxx | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | |||||||||||||||||||
| 2582966 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | |||||||||||||||||||
| 2917138 | xxx | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | |||||||||||||||||||
| 2911715 | xxx | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | |||||||||||||||||||
| 2366193 | xxx | D | A | D | A | A | A | A | A | Closed | FCRE2109 | 2024-12-02 13:39 | 2024-12-04 08:38 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Lender Income Calculation Worksheet is missing | Resolved-Lender Worksheet or Bank Statement Summary Provided - Due Diligence Vendor-12/04/2024 Ready for Review-Please see attached. - Due Diligence Vendor-12/03/2024 Open-Missing Lender Worksheet or Bank Statement Summary - Due Diligence Vendor-12/02/2024 |
Resolved-Lender Worksheet or Bank Statement Summary Provided - Due Diligence Vendor-12/04/2024 |
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 16.03 Are Greater Than The Guideline Minimum Of 0 By Six (6) Or More Months Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 62.98% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 40.41% Is Less Than The Guideline Maximum Of 49.99% By Five Percent (5%) Or More Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 22 Years |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxx | |||
| 2641888 | xxx | D | A | D | A | A | A | D | A | Closed | FPRO1244 | 2024-12-03 17:09 | 2024-12-05 09:06 | Resolved | 1 - Information | D | A | Property | Missing Doc - Third Party Valuation | 3rd Party Valuation Product is Required and Missing | Resolved-Per Guidelines: Third Party Appraisal Review - At Underwriter’s discretion, the seller may order an appraisal desk review product from a vendor listed on the Approved Appraisal Desk Review Vendors. - If the enhanced desk review product (ARR, CDA, or ARA) reflects a value more than 10% below the appraised value, the next option would be either a field review or a second appraisal. These must be from a different appraisal company and appraiser than the original appraisal. Lender provided CU & LCA (UCDP) both <2.5 - Due Diligence Vendor-12/05/2024 Ready for Review-Please see attached. UCDP scores are under 2.5 Desk review not required. - Due Diligence Vendor-12/04/2024 Counter-Sorry for the confusion, Missing desk review required by guidelines. - Due Diligence Vendor-12/04/2024 Ready for Review-Could you please confirm the specific valuation product required? Is it a desk review? - Due Diligence Vendor-12/04/2024 Open-3RD PARTY VALUATION PRODUCT IS REQUIRED AND MISSING - Due Diligence Vendor-12/03/2024 |
Resolved-Per Guidelines: Third Party Appraisal Review - At Underwriter’s discretion, the seller may order an appraisal desk review product from a vendor listed on the Approved Appraisal Desk Review Vendors. - If the enhanced desk review product (ARR, CDA, or ARA) reflects a value more than 10% below the appraised value, the next option would be either a field review or a second appraisal. These must be from a different appraisal company and appraiser than the original appraisal. Lender provided CU & LCA (UCDP) both <2.5 - Due Diligence Vendor-12/05/2024 |
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 27.32 Are Greater Than The Guideline Minimum Of 4 By Six (6) Or More Months Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 38.35% Is Less Than The Guideline Maximum Of 49.99% By Five Percent (5%) Or More Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.06 |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | N/A | N/A | xxx | |||
| 2641888 | xxx | D | A | D | A | A | A | D | A | Closed | FCRE2109 | 2024-12-03 16:33 | 2024-12-04 11:57 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Lender Income Calculation Worksheet is missing | Resolved-Lender Worksheet or Bank Statement Summary Provided - Due Diligence Vendor-12/04/2024 Ready for Review-Please see attached. - Due Diligence Vendor-12/04/2024 Open-Missing Lender Worksheet or Bank Statement Summary - Due Diligence Vendor-12/03/2024 |
Resolved-Lender Worksheet or Bank Statement Summary Provided - Due Diligence Vendor-12/04/2024 |
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 27.32 Are Greater Than The Guideline Minimum Of 4 By Six (6) Or More Months Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 38.35% Is Less Than The Guideline Maximum Of 49.99% By Five Percent (5%) Or More Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.06 |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | N/A | N/A | xxx | |||
| 2301597 | xxx | C | A | A | A | C | A | A | A | Closed | finding-47 | 2024-12-03 08:36 | 2024-12-06 07:16 | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-PCCD provided - Due Diligence Vendor-12/06/2024 Ready for Review-Please see the attached POST CD with certified FSS - Due Diligence Vendor-12/06/2024 Open-This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation. The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. *************** • Borrower executed documents on xxx. Please Provided Post Consummation Closing Disclosure funding after Rescission period. - Due Diligence Vendor-12/03/2024 |
Resolved-PCCD provided - Due Diligence Vendor-12/06/2024 |
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 6.96 Years Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01 Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 41.54% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | xxx | |||
| 2301597 | xxx | C | A | A | A | C | A | A | A | Closed | finding-3532 | 2024-12-03 08:36 | 2024-12-04 08:09 | Resolved | 1 - Information | C | A | Compliance | TRID | Initial Closing Disclosure Delivery Date Test | Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-12/04/2024 Ready for Review-Sorry for the confusion, please see the attached full Initial CD with signature - Due Diligence Vendor-12/04/2024 Open-This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation. ***********************Missing Initial Closing Disclosure Page 5, and proof ICD received by the consumer 3 business days prior to consummation - Due Diligence Vendor-12/03/2024 |
Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-12/04/2024 |
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 6.96 Years Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01 Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 41.54% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | xxx | |||
| 2301597 | xxx | C | A | A | A | C | A | A | A | Closed | finding-3631 | 2024-12-03 08:36 | 2024-12-04 08:09 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-12/04/2024 Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. ***********************Missing Initial Closing Disclosure Page 5, and proof ICD received by the consumer 3 business days prior to consummation - Due Diligence Vendor-12/03/2024 |
Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-12/04/2024 |
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 6.96 Years Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01 Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 41.54% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | xxx | ||||
| 2301597 | xxx | C | A | A | A | C | A | A | A | Closed | finding-3632 | 2024-12-03 08:36 | 2024-12-04 08:09 | Resolved | 1 - Information | C | A | Compliance | Disclosures (Federal, State, and Data Dependent) | Consummation or Reimbursement Date Validation Test | Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-12/04/2024 Open-This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations. ***********************Missing Initial Closing Disclosure Page 5, and proof ICD received by the consumer 3 business days prior to consummation - Due Diligence Vendor-12/03/2024 |
Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-12/04/2024 |
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 6.96 Years Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01 Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 41.54% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | xxx | ||||
| 2301597 | xxx | C | A | A | A | C | A | A | A | Closed | finding-3634 | 2024-12-03 08:36 | 2024-12-04 08:09 | Resolved | 1 - Information | C | A | Compliance | TRID Tolerance | Charges That Cannot Increase Test | Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-12/04/2024 Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $xxx.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). ***********************Missing Initial Closing Disclosure Page 5, and proof ICD received by the consumer 3 business days prior to consummation - Due Diligence Vendor-12/03/2024 |
Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-12/04/2024 |
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 6.96 Years Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01 Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 41.54% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | xxx | ||||
| 2525679 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| 2607246 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| 2657939 | xxx | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | |||||||||||||||||||
| 2827806 | xxx | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | |||||||||||||||||||
| 2532826 | xxx | D | A | D | A | D | A | A | A | Closed | FCOM1263 | 2024-12-11 17:05 | 2024-12-24 08:06 | Resolved | 1 - Information | D | A | Compliance | Missing Doc - ROR | Right of Rescission is Partially Provided | Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-12/24/2024 Ready for Review-Notice of Right to Cancel - Due Diligence Vendor-12/24/2024 Open-Right of Rescission is Partially Provided Right of Rescission is Partial as Cancel date is not provided; cancel date line left blank. Incomplete form on both borrower and non-borrower's disclosures. - Due Diligence Vendor-12/11/2024 |
Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-12/24/2024 |
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 39.74% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 46.22% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | xxx | |||
| 2532826 | xxx | D | A | D | A | D | A | A | A | Closed | FCRE2109 | 2024-12-12 15:42 | 2024-12-16 10:21 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Lender Income Calculation Worksheet is missing | Resolved-Lender Worksheet or Bank Statement Summary Provided - Due Diligence Vendor-12/16/2024 Ready for Review-INCOME WORKSHEET - Due Diligence Vendor-12/16/2024 Open-Missing Lender Worksheet or Bank Statement Summary Missing income worksheet. - Due Diligence Vendor-12/12/2024 |
Resolved-Lender Worksheet or Bank Statement Summary Provided - Due Diligence Vendor-12/16/2024 |
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 39.74% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 46.22% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | xxx | |||
| 2359688 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA |