Exhibit 99.7
EXHIBIT 99.7 CLAYTON WAIVED CONDITIONS SUMMARY
| Client Name: | ||||
| Client Project Name: | SEMT 2025-7 | |||
| Start - End Dates: | 2/3/2025 - 6/24/2025 | |||
| Deal Loan Count: | 132 | |||
| Waived Conditions Summary | ||||
| Review Scope | Category | Code | Description | Count |
| Credit | Terms/Guidelines | CRDTER110 | Loan amount exceeds guideline maximum | 2 |
| Credit | Terms/Guidelines | CRDTER3122 | Loan documents do not meet guideline requirements | 1 |
| Credit | Terms/Guidelines | CRDTER3654 | Borrower(s) do not meet guideline requirements for citizenship status | 1 |
| Credit | Terms/Guidelines | CRDTER4643 | Borrower does not meet guideline requirements | 1 |
| Credit | Credit/Mtg History | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | 2 |
| Credit | Income/Employment | CRDINC126 | Length of employment/self-employment does not meet guidelines | 1 |
| Credit | Income/Employment | CRDINC2408 | Income verification does not meet guidelines | 1 |
| Credit | Income/Employment | CRDINC2496 | Verbal verification of employment completed outside the stated requirements and/or after closing/funding | 3 |
| Credit | Assets | CRDAST3078 | Insufficient # of months cash reserves for PITI per guideline requirements | 1 |
| Compliance | Right of Rescission | CMPROR1909 | Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor | 1 |
| Compliance | RESPA | CMPRESPA2700 | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | 2 |
| Compliance | RESPA | CMPRESPA863 | RESPA: Required Affiliate Business Disclosure missing | 1 |
| Total | 17 |
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