Exhibit 99.18
| Loan ID | Redaction 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 |
| XXXX | 468979 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 476847 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 478422 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 480250 | XXXX | D | B | D | B | A | A | A | A | Closed | FCRE8013 | 2024-12-31 08:08 | 2025-05-19 10:12 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Purchase Contract Issue | Waived-Originator provided a waiver Purchase Contract vested in induvial name and not the LLC, applied to non material finding with reviewed comp factors. - Due Diligence Vendor-05/19/2025 Ready for Review-Document Uploaded. XXXX - Uploaded exception - Seller-01/07/2025 Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. Provide updated Addendum Sales contract adding the LLC - Due Diligence Vendor-12/31/2024 |
Ready for Review-Document Uploaded. 01/07 - Uploaded exception - Seller-01/07/2025 |
Waived-Originator provided a waiver Purchase Contract vested in induvial name and not the LLC, applied to non material finding with reviewed comp factors. - Due Diligence Vendor-05/19/2025 |
DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR =/> 1.00 and minimum is 0.85 or Less Months Reserves exceed minimum required - 64.31 months reserves exceed required 3 by 61.31 months. |
DSCR =/> 1.00 and minimum is 0.85 or Less 64.31 months reserves exceed required 3 by 61.31 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Originator Post-Close | Yes | 3110355 |
| XXXX | 480250 | XXXX | D | B | D | B | A | A | A | A | Closed | FCRE8701 | 2024-12-31 07:56 | 2025-01-08 16:48 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received Operating Agreement. 100% owner. - Due Diligence Vendor-01/08/2025 Ready for Review-Document Uploaded. XXXX - Uploaded Operating Agreement - Seller-01/06/2025 Open-The Business Entity Formation Document is Missing Provide LLC Operating agreement for XXXX (Borrower must own 100% of the business or additional conditions will apply). - Due Diligence Vendor-12/31/2024 |
Ready for Review-Document Uploaded. 01/06 - Uploaded Operating Agreement - Seller-01/06/2025 |
Resolved-Received Operating Agreement. 100% owner. - Due Diligence Vendor-01/08/2025 |
DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR =/> 1.00 and minimum is 0.85 or Less Months Reserves exceed minimum required - 64.31 months reserves exceed required 3 by 61.31 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3110296 | |
| XXXX | 480250 | XXXX | D | B | D | B | A | A | A | A | Closed | FCRE1152 | 2024-12-31 13:00 | 2025-01-08 16:47 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received tax calculation. - Due Diligence Vendor-01/08/2025 Ready for Review-Document Uploaded. 01/06 - Uploaded rebuttal: Tax Rate XXXX x Purchase Price XXXX - Seller-01/06/2025 Open-Missing Evidence of Property Tax. Provide tax calculation for monthly taxes. Tax Vert in file do not support XXXX a month. - Due Diligence Vendor-12/31/2024 |
Ready for Review-Document Uploaded. 01/06 - Uploaded rebuttal: Tax Rate 2.9359% x Purchase Price XXXX - Seller-01/06/2025 |
Resolved-Received tax calculation. - Due Diligence Vendor-01/08/2025 |
DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR =/> 1.00 and minimum is 0.85 or Less Months Reserves exceed minimum required - 64.31 months reserves exceed required 3 by 61.31 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3114598 | |
| XXXX | 480801 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | 487370 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 488653 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | 490529 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | 491936 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 491938 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | 492761 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 493338 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | 493339 | XXXX | B | B | B | B | A | A | A | A | Closed | FPRO9999 | 2025-01-10 09:26 | 2025-01-17 13:24 | Waived | 2 - Non-Material | B | B | Credit | Eligibility | Condo project has pending litigation | Waived-Based on claim type and and would be handled by insurance. Originator provided a waiver for litigation, applied to non material finding with reviewed comp factors - 771 FICO > 700 minimum required. 86.58 months reserves > 3 months minimum required - Due Diligence Vendor-01/17/2025 Ready for Review-Document Uploaded. 01/15 - Please see exception uploaded. - Seller-01/15/2025 Open-Condo questionnaire reflects a pending litigation against the project and total value of damages has not been determined but per attorney's letter is anticipated to be within insurance policy limits. - Due Diligence Vendor-01/10/2025 |
Ready for Review-Document Uploaded. 01/15 - Please see exception uploaded. - Seller-01/15/2025 |
Waived-Based on claim type and and would be handled by insurance. Originator provided a waiver for litigation, applied to non material finding with reviewed comp factors - 771 FICO > 700 minimum required. 86.58 months reserves > 3 months minimum required - Due Diligence Vendor-01/17/2025 |
Months Reserves exceed minimum required - Verified assets of 86.58 months reserves exceed the minimum required of 3 months Qualifying FICO score is at least 20 points above minimum for program - FICO score of 771 is higher than the minimum required score of 700 |
Price adjustment of .25 | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | 3180146 |
| XXXX | 493341 | XXXX | C | A | C | A | A | A | A | A | Closed | FCRE8701 | 2025-01-10 12:28 | 2025-01-15 14:42 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received Operating Agreement. - Due Diligence Vendor-01/15/2025 Ready for Review-Document Uploaded. - Seller-01/14/2025 Open-The Business Entity Formation Document is Missing ; Provide the LLC Operating Agreement for XXXX - Due Diligence Vendor-01/10/2025 |
Ready for Review-Document Uploaded. - Seller-01/14/2025 |
Resolved-Received Operating Agreement. - Due Diligence Vendor-01/15/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 744 is higher than the required 700 Months Reserves exceed minimum required - 14.38 months reserves exceed required 3 by 11.38 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3183238 | |
| XXXX | 495180 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | 495181 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 495182 | XXXX | D | A | D | A | A | A | A | A | Closed | FCRE5116 | 2025-01-14 09:53 | 2025-01-17 12:43 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Upon further review, the borrower is not a FTHB and a VOR is not required. - Due Diligence Vendor-01/17/2025 Ready for Review-Please note borrower is not a first time homebuyer. - Seller-01/15/2025 Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing VOR to support XXXX monthly. Housing history must be evidenced by twelve (12) months proof of payment via institutional VOR. Private party. - Due Diligence Vendor-01/14/2025 |
Ready for Review-Please note borrower is not a first time homebuyer. - Seller-01/15/2025 |
Resolved-Upon further review, the borrower is not a FTHB and a VOR is not required. - Due Diligence Vendor-01/17/2025 |
Qualifying FICO score is at least 20 points above minimum for program - 660 Required Borrower has 734 fico. DSCR =/> 1.00 and minimum is 0.85 or Less - .85 required Borrower has 1.18. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3200850 | ||
| XXXX | 496066 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | 497057 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 497058 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 497801 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 497802 | XXXX | C | A | C | A | A | A | A | A | Closed | FCRE1160 | 2025-01-16 06:48 | 2025-01-20 11:00 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard Insurance Expiration Date is before the Note Date | Resolved-Received revised HOI policy. Hazard Insurance Expiration Date of XXXX is after the Note Date of XXXX . - Due Diligence Vendor-01/20/2025 Ready for Review-Document Uploaded. - Seller-01/17/2025 Open-Hazard Insurance Expiration Date of XXXX is prior to or equal to the Note Date of XXXX Missing updated HOI policy as one provided is expired or has incorrect dates. - Due Diligence Vendor-01/16/2025 |
Ready for Review-Document Uploaded. - Seller-01/17/2025 |
Resolved-Received revised HOI policy. Hazard Insurance Expiration Date of XXXX is after the Note Date of XXXX . - Due Diligence Vendor-01/20/2025 |
Months Reserves exceed minimum required - Verified assets of 15.08 months reserves exceed the minimum required of 3 months DSCR % greater than 1.20 - Calculated DSCR of 1.288 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3217589 | |
| XXXX | 498798 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | 499525 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 508216 | XXXX | C | A | C | A | A | A | A | A | Closed | FCRE0045 | 2025-01-29 10:18 | 2025-02-06 17:05 | Resolved | 1 - Information | C | A | Credit | Eligibility | Foreign National but ACH form is not in file | Resolved-Receive updated Tape Data, re-reviewed to XXXX guidelines. - Due Diligence Vendor-02/06/2025 Ready for Review-Document Uploaded. 02/04 - Uploaded revised data tape showing guideline dated XXXX - Seller-02/04/2025 Counter-Per tape date, reviewed toXXXXe Program dated XXXX - Due Diligence Vendor-02/03/2025 Ready for Review-01/30 - Please waive condition, at the time file was underwritten ACH form is not required. - Seller-01/30/2025 Open-Foreign National but the ACH form is Missing from file. Missing ACH form and borrower's contact information form as required per guidelines. - Due Diligence Vendor-01/29/2025 |
Ready for Review-Document Uploaded. 02/04 - Uploaded revised data tape showing guideline dated XXXX - Seller-02/04/2025 Ready for Review-01/30 - Please waive condition, at the time file was underwritten ACH form is not required. - Seller-01/30/2025 |
Resolved-Receive updated Tape Data, re-reviewed to XXXX guidelines. - Due Diligence Vendor-02/06/2025 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Calculated DSCR of 1.053 exceeds the minimum allowed of 0.85. Months Reserves exceed minimum required - Verified assets of 3.39 months reserves exceed the minimum required of 3 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3305484 | |
| XXXX | 509562 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 510632 | XXXX | C | A | A | A | A | A | C | A | Closed | FPRO0012 | 2025-02-03 14:22 | 2025-02-06 16:15 | Resolved | 1 - Information | B | A | Property | Property | FEMA disaster declared PUBLIC ONLY | Resolved-Subject is Public. Inspection was provide . Free and clear of any damage. - Due Diligence Vendor-02/06/2025 Ready for Review-Document Uploaded. - Seller-02/04/2025 Open- - Due Diligence Vendor-02/03/2025 |
Ready for Review-Document Uploaded. - Seller-02/04/2025 |
Resolved-Subject is Public. Inspection was provide . Free and clear of any damage. - Due Diligence Vendor-02/06/2025 |
Long term residence - Borrower has resided in home for 18 years. LTV is less than guideline maximum - Minimum LTV is 70%, subject loan is 65%. |
XXXX and continuing. Declaration Date: XXXXX - PUBLIC | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3338942 |
| XXXX | 510632 | XXXX | C | A | A | A | A | A | C | A | Closed | FPRO0011 | 2025-02-03 14:21 | 2025-02-06 16:14 | Resolved | 1 - Information | C | A | Property | Property | FEMA disaster declared INDIVIDUAL | Resolved-Received the Disaster Inspection. Subject is not effected by the XXXX- Due Diligence Vendor-02/06/2025 Ready for Review-Document Uploaded. - Seller-02/04/2025 Open- - Due Diligence Vendor-02/03/2025 |
Ready for Review-Document Uploaded. - Seller-02/04/2025 |
Resolved-Received the Disaster Inspection. Subject is not effected by the XXXX - Due Diligence Vendor-02/06/2025 |
Long term residence - Borrower has resided in home for 18 years. LTV is less than guideline maximum - Minimum LTV is 70%, subject loan is 65%. |
XXXX and continuing. Declaration Date: XXXXX - INDIVIDUAL | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3338938 |
| XXXX | 513145 | XXXX | C | A | C | A | A | A | A | A | Closed | FCRE0045 | 2025-02-04 14:55 | 2025-02-10 11:30 | Resolved | 1 - Information | C | A | Credit | Eligibility | Foreign National but ACH form is not in file | Resolved-Received revised tape with actual guidelines used to qualify of XXXX. ACH form is not required for Foreign National based on XXXX guides. - Due Diligence Vendor-02/10/2025 Ready for Review-Document Uploaded. Please note that application date was XXXX, and the guideline was attached on XXXX I have uploaded revised data tape with the correct guideline used.. - Seller-02/07/2025 Open-Foreign National but the ACH form is Missing from file. Required per XXXX guidelines. - Due Diligence Vendor-02/04/2025 |
Ready for Review-Document Uploaded. Please note that application date was XXXX, and the guideline was attached on XXXX I have uploaded revised data tape with the correct guideline used.. - Seller-02/07/2025 |
Resolved-Received revised tape with actual guidelines used to qualify of XXXX. ACH form is not required for XXXX guides. - Due Diligence Vendor-02/10/2025 |
LTV is less than guideline maximum - Max LTV 70% / Subject LTV 44.74% Long term residence - Borrower at primary 10 years |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3348864 | |
| XXXX | 514293 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | 515006 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 516996 | XXXX | C | A | C | A | A | A | A | A | Closed | FCRE1177 | 2025-02-10 09:24 | 2025-02-21 14:38 | Resolved | 1 - Information | C | A | Credit | Insurance | HO6 Insurance Policy Expiration Date is before the Note Date | Resolved-Received HO-6 Insurance Policy Expiration Date of XXXX - Due Diligence Vendor-02/21/2025 Ready for Review-Document Uploaded. - Seller-02/20/2025 Open-HO-6 Insurance Policy Expiration Date of 0XXXX is prior to the Note Date of XXXX Provide HO-6 Policy that shows the 12 month coverage. HO-6 policy provided shows effective date and expiration date being the same XXXX - Due Diligence Vendor-02/10/2025 |
Ready for Review-Document Uploaded. - Seller-02/20/2025 |
Resolved-Received HO-6 Insurance Policy Expiration Date of XXXX - Due Diligence Vendor-02/21/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 719 is higher than the required 660. Months Reserves exceed minimum required - 14.41 months reserves exceed required 6. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3384788 | |
| XXXX | 517133 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | 517135 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 517136 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 518099 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 518100 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 519191 | XXXX | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2025-02-11 18:09 | 2025-02-18 11:09 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received Final Title Policy. Title Coverage Amount of XXXX is sufficient. - Due Diligence Vendor-02/18/2025 Ready for Review-Document Uploaded. 02/13 - Uploaded FTP - Seller-02/14/2025 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Insuf Title Cvg - Due Diligence Vendor-02/13/2025 |
Ready for Review-Document Uploaded. 02/13 - Uploaded FTP - Seller-02/14/2025 |
Resolved-Received Final Title Policy. Title Coverage Amount of XXXX is sufficient. - Due Diligence Vendor-02/18/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO is 640, qualifying score is 679 Months Reserves exceed minimum required - Minimum reserves are 3 months, Borrower has 18.65 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3402828 | |
| XXXX | 519192 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 521422 | XXXX | D | A | D | A | A | A | A | A | Closed | FCOM1351 | 2025-02-14 14:05 | 2025-02-20 09:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Upon further review, the loan file contained all required documentation and Guaranty is not required as Note executed as individual. - Due Diligence Vendor-02/20/2025 Ready for Review-02/18 - Please waive. This is not required for this loan program as it has 100% ownership. This is why note must be signed by individual and mortgage will be recorded under borrower's credit report. - Seller-02/18/2025 Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Missing Guar - Due Diligence Vendor-02/14/2025 |
Ready for Review-02/18 - Please waive. This is not required for this loan program as it has 100% ownership. This is why note must be signed by individual and mortgage will be recorded under borrower's credit report. - Seller-02/18/2025 |
Resolved-Upon further review, the loan file contained all required documentation and Guaranty is not required as Note executed as individual. - Due Diligence Vendor-02/20/2025 |
Months Reserves exceed minimum required - Minimum reserves are 3 months, Borrower has 68.02 months. | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3427814 | ||
| XXXX | 521422 | XXXX | D | A | D | A | A | A | A | A | Closed | FCRE8701 | 2025-02-14 14:05 | 2025-02-20 09:24 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Upon further review, the loan file contained all required vested business documentation and EIN is not required on XXXX Program. - Due Diligence Vendor-02/20/2025 Ready for Review-Document Uploaded. 02/18 - Please note that EIN is not required by our guideline, I uploaded the operating agreement showing borrower is 100% owner - Seller-02/18/2025 Open-The Business Entity Formation Document is Missing Missing EIN - Due Diligence Vendor-02/14/2025 |
Ready for Review-Document Uploaded. 02/18 - Please note that EIN is not required by our guideline, I uploaded the operating agreement showing borrower is 100% owner - Seller-02/18/2025 |
Resolved-Upon further review, the loan file contained all required vested business documentation and EIN is not required on XXXX Program. - Due Diligence Vendor-02/20/2025 |
Months Reserves exceed minimum required - Minimum reserves are 3 months, Borrower has 68.02 months. | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3427815 | |
| XXXX | 521423 | XXXX | C | A | C | A | A | A | A | A | Closed | FCRE1159 | 2025-02-11 19:47 | 2025-02-19 14:06 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Received updated HOI. - Due Diligence Vendor-02/19/2025 Ready for Review-Document Uploaded. 02/14 - Uploaded updated HOI - Seller-02/14/2025 Open-Hazard Insurance Effective Date of XXXX is after the Note Date of XXXX - Due Diligence Vendor-02/12/2025 |
Ready for Review-Document Uploaded. 02/14 - Uploaded updated HOI - Seller-02/14/2025 |
Resolved-Received updated HOI. - Due Diligence Vendor-02/19/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO is 700, qualifying score is 780. Months Reserves exceed minimum required - Minimum reserves is 3 months, Borrower has 12.12 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3403133 | |
| XXXX | 521424 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 522370 | XXXX | C | A | A | A | A | A | C | A | Closed | FPRO0012 | 2025-02-13 16:27 | 2025-02-19 14:08 | Resolved | 1 - Information | B | A | Property | Property | FEMA disaster declared PUBLIC ONLY | Resolved-Upon further review, the last inspection date is post the disaster end date. - Due Diligence Vendor-02/19/2025 Ready for Review-02/14: Please waive conditions since XXXX end date is XXXX, appraisal report in file was prepared on XXXX. Page 1 of appriasal report states NO ADVERSITIES NOTED UPON INSPECTION. Also, appraisal report shows no damage. - Seller-02/14/2025 Open-XXXX - PUBLIC - Due Diligence Vendor-02/13/2025 |
Ready for Review-02/14: Please waive conditions since XXXX, appraisal report in file was prepared on XXXX. Page 1 of appriasal report states NO ADVERSITIES NOTED UPON INSPECTION. Also, appraisal report shows no damage. - Seller-02/14/2025 |
Resolved-Upon further review, the last inspection date is post the disaster end date. - Due Diligence Vendor-02/19/2025 |
Months Reserves exceed minimum required - Minimum reserves is 3 months, borrower has 93.86 months. Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO is 640, qualifying score is 805 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3420395 | ||
| XXXX | 522370 | XXXX | C | A | A | A | A | A | C | A | Closed | FPRO0011 | 2025-02-13 16:27 | 2025-02-19 14:08 | Resolved | 1 - Information | C | A | Property | Property | FEMA disaster declared INDIVIDUAL | Resolved-Upon further review, the last inspection date is post the disaster end date. - Due Diligence Vendor-02/19/2025 Ready for Review-02/14: Please waive conditions sinceXXXX, appraisal report in file was prepared on XXXX. Page 1 of appriasal report states NO ADVERSITIES NOTED UPON INSPECTION. Also, apprasisal report shows no damage. - Seller-02/14/2025 Open-XXXX - INDIVIDUAL - Due Diligence Vendor-02/13/2025 |
Ready for Review-02/14: Please waive conditions sinceXXXX, appraisal report in file was prepared on XXXX. Page 1 of appriasal report states NO ADVERSITIES NOTED UPON INSPECTION. Also, apprasisal report shows no damage. - Seller-02/14/2025 |
Resolved-Upon further review, the last inspection date is post the disaster end date. - Due Diligence Vendor-02/19/2025 |
Months Reserves exceed minimum required - Minimum reserves is 3 months, borrower has 93.86 months. Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO is 640, qualifying score is 805 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3420393 | ||
| XXXX | 522373 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | 522374 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 522375 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 523367 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 523368 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | 523369 | XXXX | C | A | A | A | A | A | C | A | Closed | FPRO0012 | 2025-02-14 17:52 | 2025-02-20 08:48 | Resolved | 1 - Information | B | A | Property | Property | FEMA disaster declared PUBLIC ONLY | Resolved-Upon further review, the loan file contained all required confirmation no damage fromXXXX documentation located within appraisal pg 125. - Due Diligence Vendor-02/20/2025 Ready for Review-"02/18 - Please note that the appraisal date is XXXX which is after the disaster period XXXX. Also, on page 125 of the loan package showing appraiser comment: Based on a visual inspection only the subject has no damage from XXXX. " - Seller-02/18/2025 Open-Florida XXXX - PUBLIC - Due Diligence Vendor-02/14/2025 |
Ready for Review-"02/18 - Please note that the appraisal date is XXXX which is after the disaster period 10/5/2024 - 11/2/2024. Also, on page 125 of the loan package showing appraiser comment: Based on a visual inspection only the subject has no damage from XXXX " - Seller-02/18/2025 |
Resolved-Upon further review, the loan file contained all required confirmation no damage from XXXX documentation located within appraisal pg 125. - Due Diligence Vendor-02/20/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO is 640, qualifying score is 757. Months Reserves exceed minimum required - Minimum reserves are 3 months, Borrower has 55.55 months. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3429770 | ||
| XXXX | 523369 | XXXX | C | A | A | A | A | A | C | A | Closed | FPRO0011 | 2025-02-14 17:51 | 2025-02-20 08:47 | Resolved | 1 - Information | C | A | Property | Property | FEMA disaster declared INDIVIDUAL | Resolved-Upon further review, the loan file contained all required confirmation no damage from XXXXdocumentation located within appraisal pg 125. - Due Diligence Vendor-02/20/2025 Ready for Review-"02/18 - Please note that the appraisal date is XXXX which is after the disaster period XXXX. Also, on page 125 of the loan package showing appraiser comment: Based on a visual inspection only the subject has no damage from XXXXn. " - Seller-02/18/2025 Open-XXXX - INDIVIDUAL - Due Diligence Vendor-02/14/2025 |
Ready for Review-"02/18 - Please note that the appraisal date is XXXX which is after the disaster period XXXX Also, on page 125 of the loan package showing appraiser comment: Based on a visual inspection only the subject has no damage from XXXX. " - Seller-02/18/2025 |
Resolved-Upon further review, the loan file contained all required confirmation no damage from XXXX documentation located within appraisal pg 125. - Due Diligence Vendor-02/20/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO is 640, qualifying score is 757. Months Reserves exceed minimum required - Minimum reserves are 3 months, Borrower has 55.55 months. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3429767 | ||
| XXXX | 523370 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 524130 | XXXX | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2025-02-18 16:53 | 2025-02-24 11:23 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received mortgage statements - Due Diligence Vendor-02/24/2025 Ready for Review-Document Uploaded. 02/20 - Uploaded mortgage statement for primary residence, please refer from page 4-9 of the uploaded document to see 12/2024. - Seller-02/21/2025 Open-Housing History Does Not Meet Guideline Requirements File does not contain payment history for primary residence for 12/2024. Cannot be more than one time 30 at close. - Due Diligence Vendor-02/18/2025 |
Ready for Review-Document Uploaded. 02/20 - Uploaded mortgage statement for primary residence, please refer from page 4-9 of the uploaded document to see XXXX. - Seller-02/21/2025 |
Resolved-Received mortgage statements - Due Diligence Vendor-02/24/2025 |
LTV is less than guideline maximum - Allowed LTV 70%. Loan 57.93% Qualifying FICO score is at least 20 points above minimum for program - Required FICO 640 - Loan 691 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3441997 | |
| XXXX | 524131 | XXXX | C | A | C | A | A | A | A | A | Closed | FCRE1118 | 2025-02-18 11:36 | 2025-02-26 13:49 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Deed of Trust Signature does not match Note | Resolved-Upon further review, it appear the borrower are personally responsible for the Note and subject is vested in the LLC. - Due Diligence Vendor-02/26/2025 Ready for Review-02/24 Rebuttal Comment: Please note that Vesting is under LLC, so DOT will show how it is recorded and note will show individual since mortgage will be under borrower's name and will reflect on Credit Report. - Seller-02/25/2025 Counter-Per the purchase contract, the purchaser is the LLC and the borrowers signed as individuals. - Due Diligence Vendor-02/24/2025 Ready for Review-Document Uploaded. - Seller-02/20/2025 Open-Borrower 1 Signature does not match Note Borrower 1&2 Signature does not match Note -Note signed as individuals; Deed of Trust signed as members of business - Due Diligence Vendor-02/18/2025 |
Ready for Review-02/24 Rebuttal Comment: Please note that Vesting is under LLC, so DOT will show how it is recorded and note will show individual since mortgage will be under borrower's name and will reflect on Credit Report. - Seller-02/25/2025 Ready for Review-Document Uploaded. - Seller-02/20/2025 |
Resolved-Upon further review, it appear the borrower are personally responsible for the Note and subject is vested in the LLC. - Due Diligence Vendor-02/26/2025 |
LTV is less than guideline maximum - Max LTV 75% / Subject LTV 67.25% Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660 / Borrower FICO 712 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3439342 | |
| XXXX | 524131 | XXXX | C | A | C | A | A | A | A | A | Closed | FCRE8701 | 2025-02-19 10:50 | 2025-02-24 11:32 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-The Business Entity Formation Document is not Missing - Due Diligence Vendor-02/24/2025 Ready for Review-Document Uploaded. - Seller-02/20/2025 Open-The Business Entity Formation Document is Missing Missing EIN Docs - Due Diligence Vendor-02/19/2025 |
Ready for Review-Document Uploaded. - Seller-02/20/2025 |
Resolved-The Business Entity Formation Document is not Missing - Due Diligence Vendor-02/24/2025 |
LTV is less than guideline maximum - Max LTV 75% / Subject LTV 67.25% Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660 / Borrower FICO 712 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3446321 | |
| XXXX | 524132 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 524133 | XXXX | C | A | C | A | A | A | A | A | Closed | FCRE1206 | 2025-02-19 09:32 | 2025-02-27 15:06 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Received complete Fraud Report - Due Diligence Vendor-02/27/2025 Ready for Review-Document Uploaded. Please see attached updated copy. - Seller-02/24/2025 Open-All Interested Parties Not Checked with Exclusionary Lists Data Verify did not note the Seller - Due Diligence Vendor-02/19/2025 |
Ready for Review-Document Uploaded. Please see attached updated copy. - Seller-02/24/2025 |
Resolved-Received complete Fraud Report - Due Diligence Vendor-02/27/2025 |
LTV is less than guideline maximum - 45% LTV, allowed up to 80% DSCR % greater than 1.20 - Required .85, borrower has 1.25 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3445408 | |
| XXXX | 524134 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 524135 | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 524888 | XXXX | D | A | D | A | A | A | A | A | Closed | FCRE5116 | 2025-02-20 16:03 | 2025-02-26 14:06 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Upon further review, loan file contains sufficient documentation in the loan file to support not a FTHB. - Due Diligence Vendor-02/26/2025 Ready for Review-02/24 - Please refer to Section XXXX and XXXX of the Final 1003 showing properties owned by borrower. - Seller-02/25/2025 Counter-Please provide documentation to support the borrower is not a FTHB. - Due Diligence Vendor-02/24/2025 Ready for Review-02/20 - Kindly waive. Please note that borrower is not a FTHB. - Seller-02/21/2025 Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. 1003 reports rental of XXXX per month.Provide VOR or 12 mos cancelled ck if by a pvt landlord. 0 x 30 - Due Diligence Vendor-02/20/2025 |
Ready for Review-02/24 - Please refer to Section XXXX and XXXX of the Final 1003 showing properties owned by borrower. - Seller-02/25/2025 Ready for Review-02/20 - Kindly waive. Please note that borrower is not a FTHB. - Seller-02/21/2025 |
Resolved-Upon further review, loan file contains sufficient documentation in the loan file to support not a FTHB. - Due Diligence Vendor-02/26/2025 |
LTV is less than guideline maximum - 50% LTV. 80% allowed DSCR % greater than 1.20 - DSCR is 1.33. .85 allowed |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3457067 | ||
| XXXX | 530084 | XXXX | C | B | C | B | A | A | A | A | Closed | FCRE6763 | 2025-02-25 15:12 | 2025-04-03 10:22 | Waived | 2 - Non-Material | C | B | Credit | Income/Employment | Income documentation does not meet guidelines | Waived-Originator provided a waiver for 1 month vs 2 months rents received, applied to non material finding with comp factors - Due Diligence Vendor-04/03/2025 Ready for Review-Document Uploaded. - Seller-02/25/2025 Open-1 Month Rent Received in file – per guides need 2 Months – File is missing 2nd Month Rent Received - Due Diligence Vendor-02/25/2025 |
Ready for Review-Document Uploaded. - Seller-02/25/2025 |
Waived-Originator provided a waiver for 1 month vs 2 months rents received, applied to non material finding with comp factors - Due Diligence Vendor-04/03/2025 |
On time mortgage history exceeds guideline requirement - On Time Mortgage History = 31 Months Required = 12 months Qualifying FICO score is at least 20 points above minimum for program - FICO = 750 Min FICO = 700 |
Long term investor; Mtg history 0x30x86; Fico 750>700 | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 3479672 |
| XXXX | 531299 | XXXX | B | B | B | B | A | A | A | A | Closed | FCRE1194 | 2025-02-27 11:12 | 2025-02-27 11:14 | Waived | 2 - Non-Material | B | B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived--Originator exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-02/27/2025 Open-Audited LTV of 67.57% exceeds Guideline LTV of 65% -Exception approved: Exception for over XXXX cash out and LTV over 65. - Due Diligence Vendor-02/27/2025 |
Waived--Originator exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-02/27/2025 |
Qualifying FICO score is at least 20 points above minimum for program - FICO score of 705 is 20+ above above 660 minimum LTV is less than guideline maximum - 67.5% LTV is below 80% maximum |
-DTI 2.703/3.10. -FICO 20 points or more above requirement -Residual Income $3K or more -Long Term Employment (>5 years) -Long Term Homeownership (>5 years) |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | Yes | 3492675 | ||
| XXXX | 534115 | XXXX | D | A | D | A | A | A | A | A | Closed | FCRE8257 | 2025-02-28 10:45 | 2025-03-03 17:45 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Prepayment Rider-Credit | Resolved-The loan file contains a prepayment rider to the Note. - Due Diligence Vendor-03/03/2025 Open- - Due Diligence Vendor-02/28/2025 |
Resolved-The loan file contains a prepayment rider to the Note. - Due Diligence Vendor-03/03/2025 |
On time mortgage history exceeds guideline requirement - On Time Mortgage History = 43 Months Required = 12 months Qualifying FICO score is at least 20 points above minimum for program - FICO = 764 Min FICO = 700 Months Reserves exceed minimum required - 131 mos; 6 mos required |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3501776 |