Exhibit 99.46
| Seller | Seller Loan ID | Investor Loan ID | Queue | Created Date | Last Modified Date | Finding Status | Event Level | Finding Category | Finding Sub Category | Finding Name | Reviewer Comments | Seller Comments | Finding Resolution | Finding Document | Reviewer Comp Factors | Originator Comp Factors | State | Occupancy | Loan Purpose | Refinance Purpose | Unique Finding ID | Acknowledged / Waived By | Waiver in File? |
| XXXX | 2009718 | Closed | 2025-03-07 08:41 | 2025-04-15 16:32 | Resolved | 1 - Information | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Audited Reserves of 3.39 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-03/14/2025 Ready for Review-Document Uploaded. See additional assets to cover reserves - Seller-03/14/2025 Open-Audited Reserves of 1.34 month(s) are less than Guideline Required Reserves of 3 month(s) Verified assets of $209,207.21 less cash to close of $197,417.99 less cash for Open/Balance Monthly accounts of $6,512.00 equals $5,277.22 or 1.34 months which is less than the required reserves of $11,812.47 or 3 months, a shortage of $6,535.24. Loan file did not contain documentation for B1 Asset #2 listed on the final loan application. - Due Diligence Vendor-03/10/2025 |
Ready for Review-Document Uploaded. See additional assets to cover reserves - Seller-03/14/2025 |
Resolved-Audited Reserves of 3.39 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-03/14/2025 |
Updated 1008.pdf Updated URLA.pdf XXXX XXXX XXX XXXX and XXX XXXX.pdf |
NJ | Primary Residence | Purchase | NA | 3552320 | N/A | N/A | |||
| XXXX | 2009718 | Closed | 2025-03-07 08:24 | 2025-03-14 19:21 | Resolved | 1 - Information | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Resolved-Total Qualified Assets for Reserves Post-Close of $13349.88 is equal to or greater than Total Required Reserve Amount of $11812.47 - Due Diligence Vendor-03/14/2025 Ready for Review-Document Uploaded. Additional assets of $8072.66 to cover reserves - Buyer-03/14/2025 Open-Total Qualified Assets for Reserves Post-Close of $5277.22 is less than Total Required Reserve Amount of $11812.47 Verified assets of $209,207.21 less cash to close of $197,417.99 less cash for Open/Balance Monthly accounts of $6,512.00 equals $5,277.22 or 1.34 months which is less than the required reserves of $11,812.47 or 3 months, a shortage of $6,535.24. Loan file did not contain documentation for B1 Asset #2 listed on the final loan application. - Due Diligence Vendor-03/07/2025 |
Resolved-Total Qualified Assets for Reserves Post-Close of $13349.88 is equal to or greater than Total Required Reserve Amount of $11812.47 - Due Diligence Vendor-03/14/2025 |
XXXX XXXX XXX XXXX and XXX XXXX.pdf Updated URLA.pdf Updated 1008.pdf |
NJ | Primary Residence | Purchase | NA | 3552287 | N/A | N/A | ||||
| XXXX | 2009718 | Closed | 2025-03-07 08:24 | 2025-03-14 19:21 | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-03/14/2025 Ready for Review-Document Uploaded. see additional assets to cover reserves - Seller-03/14/2025 Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements due to insufficient reserves - Due Diligence Vendor-03/07/2025 |
Ready for Review-Document Uploaded. see additional assets to cover reserves - Seller-03/14/2025 |
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-03/14/2025 |
XXXX XXXX XXX XXXX and XXX XXXX.pdf Updated 1008.pdf Updated URLA.pdf |
NJ | Primary Residence | Purchase | NA | 3552288 | N/A | N/A | |||
| XXXX | 2009718 | Closed | 2025-03-10 13:17 | 2025-03-13 22:25 | Resolved | 1 - Information | Property | Missing Doc | Missing Second Appraisal (Property) | Resolved-Second appraisal was provided - Due Diligence Vendor-03/12/2025 Resolved-Guidelines do not require a second appraisal, finding resolved. - Due Diligence Vendor-03/12/2025 Ready for Review-Per UW mamanger see her response From: XXXXXXX Sent: XX/XX/XXXX To: XXX Cc: XXXXX XXXXXXXX <XXXXXXXXX@XXXXXXXXXXX.XXX> Subject: RE: XXXXXXXX XXXXX Hi XXXXXXXX, This loan did not require a second appraisal per guide. This is an XXX loan; you will need to ask the lender why they charged the borrower for a second appraisal that was not a XXXXX requirement. XXXXXXX XXXXXXX Underwriting Manager Tel: - Buyer-03/11/2025 Ready for Review-Why is a 2nd appraisal required as loan amount is $XXX,XXX.XX? - Seller-03/10/2025 Open-The lender's guidelines requires two appraisals and the second appraisal was not provided. The final Closing Disclosure reflects a 2nd Appraisal Fee. The loan file is missing the 2nd Appraisal Report. - Due Diligence Vendor-03/10/2025 |
Ready for Review-Why is a 2nd appraisal required as loan amount is $XXX,XXX.XXK? - Seller-03/10/2025 |
Resolved-Second appraisal was provided - Due Diligence Vendor-03/12/2025 Resolved-Guidelines do not require a second appraisal, finding resolved. - Due Diligence Vendor-03/12/2025 |
NJ | Primary Residence | Purchase | NA | 3567872 | N/A | N/A | ||||
| XXXX | 2009718 | Closed | 2025-03-07 07:12 | 2025-03-10 13:56 | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | RESPA: AfBA Disclosure is Missing | Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-03/07/2025 | Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-03/07/2025 |
NJ | Primary Residence | Purchase | NA | 3552125 | Investor Post-Close | No | |||||
| XXXX | 2009720 | Closed | 2025-03-14 18:17 | 2025-03-19 15:18 | Resolved | 1 - Information | Credit | Missing Doc | Approval/Underwriting Summary Not Provided | Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-03/19/2025 Ready for Review-Document Uploaded. - Buyer-03/17/2025 Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-03/14/2025 |
Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-03/19/2025 |
XXXXXXXXX 1008.pdf | NY | Investment | Purchase | NA | 3616293 | N/A | N/A | ||||
| XXXX | 2009720 | Closed | 2025-03-14 18:17 | 2025-03-19 15:18 | Resolved | 1 - Information | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Audited Reserves of 12.53 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-03/19/2025 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-03/19/2025 Ready for Review-Document Uploaded. - Seller-03/17/2025 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-03/14/2025 |
Ready for Review-Document Uploaded. - Seller-03/17/2025 |
Resolved-Audited Reserves of 12.53 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-03/19/2025 |
XXXXXXXXX Assets.pdf | NY | Investment | Purchase | NA | 3616294 | N/A | N/A | |||
| XXXX | 2009720 | Closed | 2025-03-14 17:48 | 2025-03-19 15:17 | Resolved | 1 - Information | Credit | Missing Doc | Missing Purchase Contract | Resolved-Purchase Contract provided. - Due Diligence Vendor-03/19/2025 Open-Missing Purchase Contract - Due Diligence Vendor-03/19/2025 Ready for Review-Document Uploaded. - Buyer-03/17/2025 Open-Missing Purchase Contract - Due Diligence Vendor-03/14/2025 |
Resolved-Purchase Contract provided. - Due Diligence Vendor-03/19/2025 |
XXXXXXXX Purchase Contract.pdf | NY | Investment | Purchase | NA | 3615822 | N/A | N/A | ||||
| XXXX | 2009720 | Closed | 2025-03-14 17:48 | 2025-03-19 15:17 | Resolved | 1 - Information | Property | Value | Missing Valuation Review Product - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-03/19/2025 Ready for Review-Document Uploaded. - Buyer-03/17/2025 Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-03/14/2025 |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-03/19/2025 |
XXXXXXXXX CDA.pdf | NY | Investment | Purchase | NA | 3615823 | N/A | N/A | ||||
| XXXX | 2009720 | Closed | 2025-03-14 18:03 | 2025-03-19 15:13 | Resolved | 1 - Information | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Resolved-Total Qualified Assets for Reserves Post-Close of $50991.16 is equal to or greater than Total Required Reserve Amount of $12203.91 - Due Diligence Vendor-03/19/2025 Open-Total Qualified Assets for Reserves Post-Close of $0 is less than Total Required Reserve Amount of $12203.91 - Due Diligence Vendor-03/19/2025 Ready for Review-Document Uploaded. - Buyer-03/17/2025 Open-Total Qualified Assets for Reserves Post-Close of $0 is less than Total Required Reserve Amount of $12203.91, asset documents are missing. - Due Diligence Vendor-03/14/2025 |
Resolved-Total Qualified Assets for Reserves Post-Close of $50991.16 is equal to or greater than Total Required Reserve Amount of $12203.91 - Due Diligence Vendor-03/19/2025 |
XXXXXXXXX Assets.pdf | NY | Investment | Purchase | NA | 3616117 | N/A | N/A | ||||
| XXXX | 2009720 | Closed | 2025-03-14 18:03 | 2025-03-19 15:13 | Resolved | 1 - Information | Credit | Assets | Insufficient asset documentation in file - assets do not cover closing costs | Resolved-Sufficient asset documentation provided. - Due Diligence Vendor-03/19/2025 Open-Insufficient asset documentation in file - assets do not cover closing costs. Verified assets of $.<<Liquid_Assets_Available_For_Close>> less cash to close of $<<Cash Required_From_Borrower>> and less unverified EMD of $<<Unverified_Cash_Deposit_Toward_Purchase>> results in $<<Liquid_Funds_Post_Close>> shortage of funds to close. - Due Diligence Vendor-03/19/2025 Ready for Review-Document Uploaded. - Buyer-03/17/2025 Open-Insufficient asset documentation in file - assets do not cover closing costs. - Due Diligence Vendor-03/14/2025 |
Resolved-Sufficient asset documentation provided. - Due Diligence Vendor-03/19/2025 |
XXXXXXXXX Assets.pdf | NY | Investment | Purchase | NA | 3616118 | N/A | N/A | ||||
| XXXX | 2009720 | Closed | 2025-03-14 17:33 | 2025-03-19 14:58 | Resolved | 1 - Information | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-03/19/2025 Ready for Review-Document Uploaded. - Seller-03/17/2025 Open-Borrower 1 Credit Report is Missing. - Due Diligence Vendor-03/14/2025 |
Ready for Review-Document Uploaded. - Seller-03/17/2025 |
Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-03/19/2025 |
XXXXXXXXX Credit Report.pdf | NY | Investment | Purchase | NA | 3615606 | N/A | N/A | |||
| XXXX | 2009720 | Closed | 2025-03-14 17:33 | 2025-03-19 14:58 | Resolved | 1 - Information | Credit | Missing Doc | Missing VOM or VOR | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-03/19/2025 Ready for Review-Document Uploaded. - Seller-03/17/2025 Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. - Due Diligence Vendor-03/14/2025 |
Ready for Review-Document Uploaded. - Seller-03/17/2025 |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-03/19/2025 |
XXXXXXXXX VOR.pdf | NY | Investment | Purchase | NA | 3615607 | N/A | N/A | |||
| XXXX | 2009720 | Closed | 2025-03-14 17:10 | 2025-03-19 14:38 | Resolved | 1 - Information | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-03/19/2025 Ready for Review-Document Uploaded. - Buyer-03/17/2025 Open-Missing Third Party Fraud Report - Due Diligence Vendor-03/14/2025 |
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-03/19/2025 |
XXXXXXXXX Fraud Report.pdf | NY | Investment | Purchase | NA | 3615243 | N/A | N/A | ||||
| XXXX | 2009720 | Closed | 2025-03-17 10:42 | 2025-03-19 14:37 | Resolved | 1 - Information | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Lender provided rate lock agreement, finding resolved. - Due Diligence Vendor-03/19/2025 Ready for Review-Document Uploaded. - Buyer-03/17/2025 Open-Missing evidence of rate lock, required on all loans - Due Diligence Vendor-03/17/2025 |
Resolved-Lender provided rate lock agreement, finding resolved. - Due Diligence Vendor-03/19/2025 |
XXXXXXXXX Rate Lock.pdf | NY | Investment | Purchase | NA | 3623122 | N/A | N/A | ||||
| XXXX | 2002047 | Closed | 2025-05-13 14:35 | 2025-05-13 14:35 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-Secondary product within tolerance, the loan will be graded B for S&P and an A for all other agencies. - Due Diligence Vendor-05/13/2025 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. Secondary product within tolerance, the loan will be graded B for S&P and an A for all other agencies. - Due Diligence Vendor-05/13/2025 |
Acknowledged-Secondary product within tolerance, the loan will be graded B for S&P and an A for all other agencies. - Due Diligence Vendor-05/13/2025 |
FL | Primary Residence | Refinance | Cash Out - Other | 4126438 | Investor Post-Close | No | |||||
| XXXX | 1973086 | Closed | 2025-01-24 15:27 | 2025-01-28 21:07 | Resolved | 1 - Information | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/28/2025 Ready for Review-Document Uploaded. - Buyer-01/27/2025 Counter-The lender provided the lender income calculation worksheet for both borrowers business bank statement income that was in the original file. The file is still missing the Lender Income calculation worksheet for Brw 1 additional self- employment (1099 income) used by the lender in DTI calculation. - Due Diligence Vendor-01/27/2025 Ready for Review-Document Uploaded. - Buyer-01/25/2025 Open-Missing lender income worksheet for borrower 1 Additional self-employment income. - Due Diligence Vendor-01/24/2025 |
Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/28/2025 |
Worksheet.pdf XXXXXX 1099 income calc.pdf |
TX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 3275691 | N/A | N/A | ||||
| XXXX | 1982681 | Closed | 2025-05-13 14:32 | 2025-05-13 14:32 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-Secondary product within tolerance, the loan will be graded B for S&P and an A for all other agencies. - Due Diligence Vendor-05/13/2025 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. Secondary product within tolerance, the loan will be graded B for S&P and an A for all other agencies. - Due Diligence Vendor-05/13/2025 |
Acknowledged-Secondary product within tolerance, the loan will be graded B for S&P and an A for all other agencies. - Due Diligence Vendor-05/13/2025 |
CA | Primary Residence | Purchase | NA | 4126380 | Investor Post-Close | No | |||||
| XXXX | 1982684 | Closed | 2025-02-20 13:51 | 2025-02-21 16:47 | Resolved | 1 - Information | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test (50001261) | Resolved-Valid COC provided. - Due Diligence Vendor-02/21/2025 Resolved-Resolved - Due Diligence Vendor-02/21/2025 Ready for Review-Document Uploaded. - Buyer-02/21/2025 Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits is ($XX,XXX.XX). The actual total fee amount shows a credit amount of ($X,XXX.XX). The following actual fees submitted as "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure. (12 CFR 1026.19e)(3) and comments 19(e)(3)-5 and -6; 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). - Due Diligence Vendor-02/20/2025 |
Resolved-Valid COC provided. - Due Diligence Vendor-02/21/2025 Resolved-Resolved - Due Diligence Vendor-02/21/2025 |
XXXXXX trust review fee again.pdf XXXXXXLender Credit Decrease COC.pdf |
CA | Primary Residence | Purchase | NA | 3453185 | N/A | N/A | ||||
| XXXX | 1982684 | Closed | 2025-02-20 13:51 | 2025-02-21 16:46 | Resolved | 1 - Information | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test (50001262) | Resolved-Resolved - Due Diligence Vendor-02/21/2025 Ready for Review-Document Uploaded. - Seller-02/21/2025 Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is ($XX,XXX.XX). The Last CD shows a total lender credit amount of ($X,XXX.XX). The following fees "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3)(i) and comments 19(e)(3)(i)-5 and -6; 12 CFR 1026.19(f)(2)(v); 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). - Due Diligence Vendor-02/20/2025 |
Valid COC provided. - 02/21/2025 Ready for Review-Document Uploaded. - Seller-02/21/2025 |
Resolved-Resolved - Due Diligence Vendor-02/21/2025 |
XXXXXX trust review fee again.pdf XXXXXXLender Credit Decrease COC.pdf |
CA | Primary Residence | Purchase | NA | 3453184 | N/A | N/A | |||
| XXXX | 1982684 | Closed | 2025-02-19 15:02 | 2025-02-21 16:46 | Resolved | 1 - Information | Compliance | TRID Tolerance | Charges That Cannot Increase Test (50001251) | Resolved-Valid COC provided. - Due Diligence Vendor-02/21/2025 Resolved-Resolved - Due Diligence Vendor-02/21/2025 Ready for Review-Document Uploaded. - Seller-02/21/2025 Open-The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Document Preparation Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid XX/XX/XXXX reflects a Trust Review Fee of $300. No evidence of a tolerance cure was provided in file. A tolerance cure of $300 is required. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-02/19/2025 |
Ready for Review-Document Uploaded. - Seller-02/21/2025 |
Resolved-Valid COC provided. - Due Diligence Vendor-02/21/2025 Resolved-Resolved - Due Diligence Vendor-02/21/2025 |
XXXXXX trust review fee again.pdf XXXXXXLender Credit Decrease COC.pdf |
CA | Primary Residence | Purchase | NA | 3445643 | N/A | N/A | |||
| XXXX | 1982684 | Closed | 2025-02-19 15:02 | 2025-02-21 16:46 | Resolved | 1 - Information | Compliance | TRID Tolerance | Insufficient Change of Circumstance (50001252) | Resolved-Valid COC provided. - Due Diligence Vendor-02/21/2025 Resolved-Resolved - Due Diligence Vendor-02/21/2025 Ready for Review-Document Uploaded. - Seller-02/21/2025 Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Document Preparation Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). The Trust Review Fee increased on the CD dated XX/XX/XXXX without a valid COC. No Cure. - Due Diligence Vendor-02/19/2025 |
Ready for Review-Document Uploaded. - Seller-02/21/2025 |
Resolved-Valid COC provided. - Due Diligence Vendor-02/21/2025 Resolved-Resolved - Due Diligence Vendor-02/21/2025 |
XXXXXX trust review fee again.pdf XXXXXXLender Credit Decrease COC.pdf |
CA | Primary Residence | Purchase | NA | 3445644 | N/A | N/A | |||
| XXXX | 1982684 | Closed | 2025-02-19 19:19 | 2025-02-21 16:32 | Resolved | 1 - Information | Compliance | Missing Doc | Dry Funding State - Missing Confirmation of Final Figures | Resolved-PCCD provided - Due Diligence Vendor-02/21/2025 Ready for Review-Document Uploaded. - Buyer-02/21/2025 Open-Subject property is located in a dry funding state. Final settlement statement provided on page#822, Final settlement statement Recording Trust Deed Fee and Recording Grant Deed is not listed on final Closing disclosure page #134. - Due Diligence Vendor-02/19/2025 |
Resolved-PCCD provided - Due Diligence Vendor-02/21/2025 |
PCCD XXXXXXX.pdf | CA | Primary Residence | Purchase | NA | 3449007 | N/A | N/A | ||||
| XXXX | 2008720 | Closed | 2025-04-10 19:09 | 2025-05-12 15:09 | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-04/11/2025 Ready for Review-Document Uploaded. - Buyer-04/11/2025 Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Tax transcript is missing for borrower1 and borrower 2 as per GL page #79, borrower is wage earner and Borrower 2 is getting 1099-NEC income. - Due Diligence Vendor-04/10/2025 |
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-04/11/2025 |
B2 XXXX W2 transcripts no return filed.pdf B1 XXXX 1099 transcripts no return filed.pdf |
NJ | Primary Residence | Refinance | Cash Out - Other | 3831779 | N/A | N/A | ||||
| XXXX | 2008720 | Closed | 2025-04-10 19:58 | 2025-04-11 21:52 | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Document Uploaded. FNMA limited review provided, finding cleared. - Due Diligence Vendor-04/11/2025 Ready for Review-Limited review not required - Seller-04/11/2025 Open-The lender guidelines for Warrantable Condominiums require a Balance sheet dated within the past 90 days. A Balance Sheet dated within the past 90 days is missing in the file. - Due Diligence Vendor-04/10/2025 |
Ready for Review-Limited review not required - Seller-04/11/2025 |
Resolved-Document Uploaded. FNMA limited review provided, finding cleared. - Due Diligence Vendor-04/11/2025 |
Limited Review.pdf | NJ | Primary Residence | Refinance | Cash Out - Other | 3832522 | N/A | N/A | |||
| XXXX | 2008720 | Closed | 2025-04-10 16:45 | 2025-04-11 21:09 | Resolved | 1 - Information | Credit | Missing Doc | Missing income documentation | Resolved-Tax transcripts provided, finding cleared. - Due Diligence Vendor-04/11/2025 Ready for Review-Document Uploaded. - Buyer-04/11/2025 Open-Tax transcript is missing for borrower 1 & borrower 2. - Due Diligence Vendor-04/10/2025 |
Resolved-Tax transcripts provided, finding cleared. - Due Diligence Vendor-04/11/2025 |
B1 XXXX 1099 transcripts no return filed.pdf B2 XXXX W2 transcripts no return filed.pdf |
NJ | Primary Residence | Refinance | Cash Out - Other | 3829654 | N/A | N/A | ||||
| XXXX | 2008720 | Closed | 2025-04-10 16:33 | 2025-04-11 21:06 | Resolved | 1 - Information | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-04/11/2025 Ready for Review-Document Uploaded. - Buyer-04/11/2025 Open-Borrower 1 3rd Party VOE Prior to Close Missing. - Due Diligence Vendor-04/10/2025 |
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-04/11/2025 |
VVOE B1.pdf | NJ | Primary Residence | Refinance | Cash Out - Other | 3829339 | N/A | N/A | ||||
| XXXX | 2002044 | Closed | 2025-04-04 18:11 | 2025-04-09 15:27 | Resolved | 1 - Information | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-Primary Value Subject Property Appraisal is completed on an As-Is Basis or Not Applicable - Due Diligence Vendor-04/09/2025 Ready for Review-Document Uploaded. - Buyer-04/09/2025 Open-Primary Value Subject Property Appraisal is not on an As-Is Basis Appraisal is subject to removal of oil tank, loan file contains evidence oil tank was removed; however, the completion cert from the appraiser is missing. - Due Diligence Vendor-04/04/2025 |
Resolved-Primary Value Subject Property Appraisal is completed on an As-Is Basis or Not Applicable - Due Diligence Vendor-04/09/2025 |
Final Inspection.pdf | MA | Investment | Purchase | NA | 3787194 | N/A | N/A | ||||
| XXXX | 2002044 | Closed | 2025-04-04 19:09 | 2025-04-08 16:59 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/08/2025 Ready for Review-Document Uploaded. - Buyer-04/07/2025 Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. The loan file contains a VOR from an LLC. Per lender's guidelines, a VOR provided by an LLC or other similar type of ownership and not established management company is not considered to be institutional. GL required 12 months cancelled check however only 6 month's rent receipts provided. - Due Diligence Vendor-04/04/2025 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/08/2025 |
Exception.pdf | FICO of 774 > 740 min DSCR of 1.72 > 1 min |
MA | Investment | Purchase | NA | 3788014 | Originator Pre-Close | Yes | |||
| XXXX | 1998502 | Closed | 2025-03-31 10:07 | 2025-04-02 14:46 | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-04/02/2025 Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-04/02/2025 Ready for Review-Document Uploaded. Pulled 3 days prior to closing - Buyer-04/01/2025 Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements GL requires Verbal Verification within 10 days of the Note date. VVOE is missing in the file and provided WVOE is more than 10 days of the Note date. - Due Diligence Vendor-03/31/2025 |
Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-04/02/2025 Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-04/02/2025 |
VVOE.pdf | FL | Primary Residence | Purchase | NA | 3727811 | N/A | N/A | ||||
| XXXX | 1998502 | Closed | 2025-03-31 10:07 | 2025-04-02 14:46 | Resolved | 1 - Information | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-04/02/2025 Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-04/02/2025 Ready for Review-Document Uploaded. This was pulled 3 days prior to closing? - Seller-04/01/2025 Open-Borrower 1 3rd Party VOE Prior to Close Missing GL requires Verbal Verification within 10 days of the Note date. VVOE is missing in the file and provided WVOE is more than 10 days of the Note date. - Due Diligence Vendor-03/31/2025 |
Ready for Review-Document Uploaded. This was pulled 3 days prior to closing? - Seller-04/01/2025 |
Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-04/02/2025 Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-04/02/2025 |
VVOE.pdf | FL | Primary Residence | Purchase | NA | 3727809 | N/A | N/A | |||
| XXXX | 1998502 | Closed | 2025-03-31 10:07 | 2025-04-02 14:45 | Resolved | 1 - Information | Credit | Missing Doc | Borrower 2 Executed 4506-T Missing | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-04/02/2025 Resolved-Borrower 2 Executed 4506-T Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-04/02/2025 Ready for Review-Document Uploaded. - Seller-04/01/2025 Ready for Review-Document Uploaded. See attached for B1 and b2 - Seller-04/01/2025 Ready for Review- B2 was only used Pension Income - Seller-04/01/2025 Open-Borrower 2 Executed 4506-T Missing required per GL for full documentation credit file. - Due Diligence Vendor-03/31/2025 |
Ready for Review-Document Uploaded. - Seller-04/01/2025 Ready for Review-Document Uploaded. See attached for B1 and b2 - Seller-04/01/2025 Ready for Review- B2 was only used Pension Income - Seller-04/01/2025 |
Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-04/02/2025 Resolved-Borrower 2 Executed 4506-T Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-04/02/2025 |
B2 4506C 1099 XXXX and XXXX.pdf | FL | Primary Residence | Purchase | NA | 3727810 | N/A | N/A | |||
| XXXX | 2002042 | Closed | 2025-04-07 11:57 | 2025-04-09 16:49 | Resolved | 1 - Information | Compliance | Missing Doc | Dry Funding State - Missing Confirmation of Final Figures | Resolved-PCCD provided, finding cleared. - Due Diligence Vendor-04/09/2025 Ready for Review-Document Uploaded. - Buyer-04/09/2025 Open-Subject property is located in a dry funding state. Missing affirmation that final fees were provided to the borrower at consummation or a PCCD with final figures. - Due Diligence Vendor-04/07/2025 |
Resolved-PCCD provided, finding cleared. - Due Diligence Vendor-04/09/2025 |
XXXX PCCD docs.pdf | CA | Primary Residence | Purchase | NA | 3793329 | N/A | N/A | ||||
| XXXX | 2005315 | Closed | 2025-04-17 18:11 | 2025-04-21 17:49 | Resolved | 1 - Information | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-04/21/2025 Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-04/21/2025 Ready for Review-Document Uploaded. - Buyer-04/21/2025 Open-Hazard Insurance Policy Partially Provided In the provided HOI document policy number is missing. - Due Diligence Vendor-04/17/2025 |
Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-04/21/2025 Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-04/21/2025 |
Binder XXXX.pdf | NY | Investment | Refinance | No Cash Out - Borrower Initiated | 3892834 | N/A | N/A | ||||
| XXXX | 2005315 | Closed | 2025-04-17 19:25 | 2025-04-18 19:43 | Waived | 2 - Non-Material | Credit | Eligibility | Transaction Ineligible | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/18/2025 Ready for Review-Document Uploaded. - Buyer-04/18/2025 Open-Transaction is ineligible due to lender's guidelines require properties listed for sale to be taken off the market before the application to be eligible for a rate/term refinance. The appraisal indicates the property was listed for sale on 12/3/2024 and no evidence was provided showing the listing was removed prior to the application. - Due Diligence Vendor-04/17/2025 |
Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/18/2025 |
Exception.pdf | FICO 749, 49>700 Min Reserves 14, 8>6 Min (2x) |
NY | Investment | Refinance | No Cash Out - Borrower Initiated | 3894124 | Originator Post-Close | Yes | |||
| XXXX | 2005313 | Closed | 2025-04-14 17:31 | 2025-04-15 16:27 | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/15/2025 Ready for Review-Document Uploaded. - Buyer-04/14/2025 Open-Housing History Does Not Meet Guideline Requirements Lender's guidelines require management review and exception for all DSCR loans when a living rent free explanation letter is provided in place of rental or mortgage payment history. - Due Diligence Vendor-04/14/2025 |
Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/15/2025 |
Exception.pdf | LTV 70%, 10%<80% max Res 10 mo, 4>6 mo min FICO 739, 70>660 min |
NJ | Investment | Refinance | No Cash Out - Borrower Initiated | 3857537 | Originator Post-Close | Yes |