j.p. morgan acceptance corporation ii ABS-15G
Exhibit 99.8
| Loan Number | Seller Loan Number | Original Principal Balance | State | Initial Lender ATR/QM Status | Loan Level ATR/QM Status | Initial Securitization Overall Loan Grade | Final Securitization Overall Loan Grade | Initial Securitization Credit Loan Grade | Final Securitization Credit Loan Grade | Initial Securitization Property Valuations Loan Grade | Final Securitization Property Valuations Loan Grade | Initial Securitization Compliance Loan Grade | Final Securitization Compliance Loan Grade | Initial S&P Overall Loan Grade | Final S&P Overall Loan Grade | Initial S&P Credit Loan Grade | Final S&P Credit Loan Grade | Initial S&P Property Valuations Loan Grade | Final S&P Property Valuations Loan Grade | Initial S&P Compliance Loan Grade | Final S&P Compliance Loan Grade | Condition Category | Condition Sub Category | Condition Status | Initial Securitization Condition Grade | Final Securitization Condition Grade | Initial S&P Condition Grade | Final S&P Condition Grade | Condition Code | Condition Description | Condition Material Indicator | Initial Comments | Client/Seller Response Comments | Conclusion Comments | TRID Error Type | Cure Method | Compensating Factors | ||
| 304436073 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | D | A | A | A | C | B | D | B | D | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3966 | TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected | No | Both Final CD 9/17/24 & PCD 10/1/24, in Loan Disclosures section, selection not indicated whether an Escrow Acct was declined vs. not offered; Corrected PCD & LOX missing. | 10/09/2024 Client provided a copy of PCCD dated 10/1 and Final PCCD 10/09 with correction, LOE and Final Settlement Statement. | Condition Satisfied. | Non-Numeric | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 29.17% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 41 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 23.83 years | ||
| 304436073 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | D | A | A | A | C | B | D | B | D | A | A | A | C | B | Credit | Application | Satisfied | D | A | D | A | CRDAPP130 | Application is incomplete | No | Missing supplemental consumer information form. | 10/15/2024 client provided supplemental consumer information form. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 29.17% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 41 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 23.83 years | ||
| 304436072 | XXXXXX | XXXXXX | KS | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Provide the lender's ATR/QM determination | 10/01/2024 client provided ATR testing which passed. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 61% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 24 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5.8 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 22.7 years | ||
| 304436070 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | B | A | A | A | A | A | B | A | B | A | A | A | A | A | Credit | DTI | Satisfied | B | A | B | A | CRDDTI105 | Debt Ratio Exception 5% or Less | No | Calculated DTI is 45.11%. Lender calculated DTI at 45.00% Income is $XXXX.XX per month, 1st mortgage payment is $XXXX.XX per month and remaining debt of $XXX.XX per month. | 10/08/2024 client provided an updated 1003 and 1008 showing lender used bonus income of $XXX.XX. Used most conservative average of 19 months or $XX.XX per month. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 51 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 13 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 28.5 years | ||
| 304436066 | XXXXXX | XXXXXX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR848 | Missing Hazard Insurance | No | Provide Hazard Insurance documentation | 10.7.2024 Client provided subject HOI policy | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 73% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 34 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 33.13% below guideline requirement of 45% CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 9 years | ||
| 304436065 | XXXXXX | XXXXXX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | D | A | D | A | CRDTIL796 | Missing Title | No | Provide copy of Title | 9/16/2024 client provided documentation regarding a prior mortgage being paid off. Condition still remains for a copy of the Title Commitment.9/18/2024 client provided a copy of a Satisfaction of Security Instrument. Condition remains for Per guidelines, loan amounts at $XXX or below require an Owner and Encumbrance Property Report dated within 60 days of Note Date. 9.20.2024 Client provided Abstract Worksheet however still missing copy of Title. Condition remains 10.4.2024 Client provided copy of Ownership & Encubrance Report and appears there was an Open End Deed of Trust w/Equity Services, Inc in the amount of $XXX dated XXX and not reflected on credit report, verify this have been paid and closed. 10.7.2024 Client provided copy of recorded Satisfaction of Security Instrument for Open End Deed of Trust w/Equity Services dated March 30, 2007 and file have 1st lien Deed of Trust for Maturity Date and remaining term info. | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 69% below guideline requirements of 75% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 53 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 40.11% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 17 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 11 years | ||
| 304634256 | XXXXXX | XXXXXX | UT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance in amount of $54.95 due to added Verification fee on LE 10/30/24 with no valid COC in file. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information. | 12/09/2024 Client provided missing LE 10/25 with COC for corresponding Verification fee added. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 60% below guideline requirements of 70% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 42 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 34.20% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 6 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 8 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 30 years | ||
| 304634256 | XXXXXX | XXXXXX | UT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Provide the lender's QM determination | 12/09/2024 client provided lender's ATR determination. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 60% below guideline requirements of 70% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 42 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 34.20% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 6 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 8 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 30 years | ||
| 304634256 | XXXXXX | XXXXXX | UT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR848 | Missing Hazard Insurance | No | Provide Hazard Insurance documentation | 12/09/2024 client provided a copy of the hazard insurance. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 60% below guideline requirements of 70% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 42 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 34.20% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 6 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 8 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 30 years | ||
| 304634255 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance in amount of $1375 due to added Discount Points on LE 11/15/24 with no valid reasons documented on COC 11/15/24 or updated Rate Lock Agreement in file. Condition is pending receiving a valid Change of Circumstances/ updated Rate Lock or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information. | 12/23/2024 Client provided COC 11/15 reflecting change to Discount Points, however is missing what the change was. Condition remains. Provide a detailed explanation of what changes the Borrower requested resulting in the increased fee.01/04/2025 Client provided PCCD 1/3 with cure, copy of cure check and LOE. Condition remains for delivery via tracking. 01/07/2024 Client provided Shipping labal in transit status. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 63% below guideline requirements of 75% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 36.82% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 20.5 years | ||
| 304634253 | XXXXXX | XXXXXX | VA | QM: Rebuttable Presumption (APOR) | Non-QM: Lender documented all ATR UW factors | D | B | A | A | A | A | D | B | D | B | A | A | A | A | D | B | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Missing some of the note pages | 12/26/2024 Client provided all pages of the Missing Note executed at closing. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 89 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 36.03% below guideline requirement of 45% | ||
| 304634253 | XXXXXX | XXXXXX | VA | QM: Rebuttable Presumption (APOR) | Non-QM: Lender documented all ATR UW factors | D | B | A | A | A | A | D | B | D | B | A | A | A | A | D | B | Compliance | Documentation | Satisfied | C | A | C | A | CMPDOC3076 | Legal document was not executed or is incomplete | No | Final CD 12/6/24 missing pg 3; Complete Final CD missing for proper/correct testing. | 12/26/2024 Client provide complete Final CD 12/6 executed at closing. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 89 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 36.03% below guideline requirement of 45% | ||
| 304634253 | XXXXXX | XXXXXX | VA | QM: Rebuttable Presumption (APOR) | Non-QM: Lender documented all ATR UW factors | D | B | A | A | A | A | D | B | D | B | A | A | A | A | D | B | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC195 | Missing Note | No | Note missing (pg 2 enclosed). | 12/26/2024 Client provided all pages of the Missing Note executed at closing. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 89 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 36.03% below guideline requirement of 45% | ||
| 304634253 | XXXXXX | XXXXXX | VA | QM: Rebuttable Presumption (APOR) | Non-QM: Lender documented all ATR UW factors | D | B | A | A | A | A | D | B | D | B | A | A | A | A | D | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3618 | TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing | No | Note missing (pg 2 enclosed). | 12/26/2024 Client provided all pages of the Missing Note executed at closing. | Condition Satisifed. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 89 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 36.03% below guideline requirement of 45% | ||
| 304634253 | XXXXXX | XXXXXX | VA | QM: Rebuttable Presumption (APOR) | Non-QM: Lender documented all ATR UW factors | D | B | A | A | A | A | D | B | D | B | A | A | A | A | D | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3676 | TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation. | No | 10% Tolerance Fee of 50.50 Due to SPL missing (enclosed SPL is for cannot shop), all applicable fees are present; Condition pending receipt of correct/shop-able SPL. | 12/26/2024 Client provided Note and Final CD. Condition remains. 10% testing due to the Additional Details for services you CAN NOT shop for. Provided the SPL reflecting Services you CAN shop for. .Additional Conditions may apply.01/04/2025 Client provided PCCD 1/3/2025 with cure, copy of the cure check and LOE. Condition remains for evidence of delivery via tracking. 01/06/2025 Client provided Shipping label in transit status. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 89 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 36.03% below guideline requirement of 45% | ||
| 304634252 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero Tolerance in amount of $13.00 due to Flood Cert fee added on Initial CD 11/26/24 with no COC in file. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information. | 01/10/2025 Client provided COC 11/26 reflecting Flood Cert not disclosed - cured on Initial CD. Condition remains. Provide the change that occurred resulting in the adding of the fee after the Initial LE Disclosure, for review or PCCD with cure, copy of cure check, LOE to Borrower and evidence of shipment. Additional Conditions may apply. 01/13/2025 Client provided PCCD 1/13 reflecting cure and LOE. Condition remains. Provide copy of the cure check and evidence package sent. 01/14/2025 Client provided a copy of the refund check. Condition remains for method of shipment.01/14/2025 Client sent was is labeled as XXX label, however when opened, it is a copy of the refund check. Condition remains for the method of Shipment. 01/14/2025 Client provided a copy of the XXX label for method of shipment. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 63% below guideline requirements of 90% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 51 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 36.86% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 9.5 years | ||
| 304634251 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | B | A | A | A | C | A | C | A | B | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance in amount of $25 due to increase in Appraisal Rent Schedule. COC dated 11/25/24 doesn't document as to why fee was increased from original $100 on CD 11/22/24 to $125 on CD 11/26/24. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund | 12/17/2024 Client provided a COC 11/25 reflecting a rent schedule needed per Program guidelines. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 44 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 8 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 20 years | ||
| 304634251 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | B | A | A | A | C | A | C | A | B | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3676 | TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation. | No | 10% Tolerance in amount of $231.10 due to increased/ added title fees (added 2nd Processing fee and increased Search fee) with no COC in file. Borrower selected title provider form SPL, all title fees including Recording fee are tested for 10% violation. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information. | 12/17/2024 Client provided a COC dated 11/21 reflecting Title confirmed their fees for this transaction. Condition remains. Provide a valid reason for the changes to these Title fees including listing the changes individually for review. Additional conditions may apply. 12/18/2024 Client provided a Collaborate comment: The reason for the changes on the COC is due to an additional appraiser charge based on additional rental schedules necessary per program guidelines. The Zero tolerance for the Appraisal has been cleared. Condition remains for the 10% Tolerance needing valid reasons for the Title fee changes as Rent Schedules is not a valid reason or PCCD with cure, copy of cure check, LOE to Borrower and evidence of delivery via tracking.12/18/2024 Client provided rebuttal document stating: New information specific to the consumer or transaction that the creditor did not rely on when providing the original disclosures required under paragraph (e)(1)(i) of this section. Condition remains. Provide the reason the Title Company had to increase the title Search fee. ***Retesting results in a tolerance amount change for the Title Search fee. New 10% tolerance of $165.10.12/19/2024 Client provided email evidence that the Title Co. pays an abstractor a fee for an examination supported by a separate exam in file dated 11/21 which is within 3 days of fee being diclosed. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 44 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 8 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 20 years | ||
| 304634251 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | B | A | A | A | C | A | C | A | B | A | A | A | C | A | Credit | DTI | Satisfied | B | A | B | A | CRDDTI105 | Debt Ratio Exception 5% or Less | No | Clayton UW calculated the base income from the wage income less than the lender causing a rise in the DTI over the guideline maximum of 45%. | 12/19 Client asked for a review and provided their OT income calculation and XXX calculation; Upon review DD can support the Clients OT calculation of $350.97, However, Clayton SE calculation remains using 2023 12 m avg DTI 46.2412/23 Client asked for a review upon review the DTI variance is caused by Clayton 1st mtg PITIA taken from current mtg statement $XXXX.XX and Client is using $XXXX.XX for the PITIA; Condition remains 1/2 Client provided an Email that " taxes and Ins were taken from the tax and ins statements" provide supporting documents used for PITIA calculation for DD review 1/6 Client provided the supporting taxes and insurance bill for the PITI calculation used to qualify | Satisfied | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 44 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 8 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 20 years | ||
| 304634243 | XXXXXX | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | A | A | C | B | D | B | D | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3708 | TRID - Curable Issue #2 related to the Closing Disclosure in file | No | CD's dated 01/02/2025, 01/07/2025, and 01/09/2025 reflect $0 for Estimated Taxes, Insurance & Assessments in the Projected Payment section. For junior liens, disclosure of the first lien Taxes, Insurance & Assessments is required. | 01/21/2025 Client provided PCCD 1/21 with correction and LOE. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 85% below guideline requirements of 90% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 65 months exceeds guidelines of 12 months | ||
| 304634243 | XXXXXX | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | A | A | C | B | D | B | D | A | A | A | C | B | Credit | Application | Satisfied | D | A | D | A | CRDAPP157 | Application Not Signed by Primary Borrower | No | Provide an executed final 1003. | 1/20/2025 client provided signed Final 1003. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 85% below guideline requirements of 90% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 65 months exceeds guidelines of 12 months | ||
| 304436063 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | B | A | A | A | B | A | A | A | B | A | A | A | Property Valuations | FEMA | Satisfied | B | A | B | A | PRVAFEMA856 | Natural Disaster Area, no subsequent inspection (Public) | No | No subsequent property inspection completed after the these FEMA Disaster Declaration # XXXX date of effective for X/XX/XX for XXX | 10.21.2024 Client provided Post Disaster inspection dated XX.XX.XXXX with no damage along with exterior photos | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 47.94% is 22.06 points below the guideline program minimum. CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession, 8 years. | ||
| 304436062 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have occupied subject property for 19 years. CFCFS2854: Significant time in profession - Clayton Comments: B1 has been in XXX for 25 years. B2 has been in XXX for 25 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been with XXX for 25 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: 63.57% CLTV < maximum permitted of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 767 mid score > minimum required of 660 (up to 70% CLTV) CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30 x53 months > minimum required of 0x30 x12 months CFCFS2860: Good credit history - Clayton Comments: Consumer debt: 0x30 x99 months > minimum required of 0x30 x24 monthsLow revolving credit usage @ 8.00% | |||||||||||||||||
| 304436061 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 24 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 40.58% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 752 is 92 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 60+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304634240 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 802 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 12 years at current job. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 32.97% is below lender's guide line maximum of 45%. | |||||||||||||||||
| 304634238 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 37.45% below guideline requirement 45.00%. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property > 8 years. | |||||||||||||||||
| 304634235 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 8 years and 1 month. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 7 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 74.26% LTV below guideline requirements of 80.00% per program. CFCFS1744: DTI below guideline requirement - Clayton Comments: 37.10% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304634233 | XXXXXX | XXXXXX | WI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 805 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 34.04 DTI below guideline of 45. | |||||||||||||||||
| 304634231 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 783 FICO exceeds guideline of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: 27.30 DTI below guideline of 45. | |||||||||||||||||
| 304634230 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 27.92% is below lender's guide line maximum of 45%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 6 years at current job. | |||||||||||||||||
| 304634229 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2700 | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | No | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | 01/23/2025 Client provided missing List of homeowners counseling organizations dated 12/12. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 24 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job; 16 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 24.63% LTV below guideline requirements of 90.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 791 is 131 points above program guideline minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 12.71% DTI is below guideline requirement of 45.00%. | ||
| 304637084 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 55% below guideline requirements of 85% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 50 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 32.53% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 20 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 23 years | |||||||||||||||||
| 304634228 | XXXXXX | XXXXXX | MO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | C | B | A | A | C | B | A | A | C | B | A | A | Property Valuations | Property | Waived | C | B | C | B | PRVAPROP2556 | Acreage exceeds property eligibility guidelines | No | Acreage XX XXXXX exceeds 10 acres. | 1.23.2025 Client provided exception approval for XXXXXXX XX XX exceeding guidelines of 10 acres. | Upon review by Senior Underwriter, exception is deemed non-material. Exception approved, B Grade with compensating factors, 63.45% CLTV (Max CLTV 75.00%) and Borrower having over 8 years at subject property and being with same employer over 18 years. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 18 years at current job. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 690 exceeds guide lines. | ||
| 304436057 | XXXXXX | XXXXXX | RI | QM: Safe Harbor | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP1307 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan), not dated | No | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan) not in file. | 10/16/2024 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan) dated 9/3. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: B1 resides at current residence for 11 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers median credit score of 745 is 45 more points than minimum required score of 700. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrowers' have positive mortgage history of 19/19/14 months @ 0 x 30. CFCFS1744: DTI below guideline requirement - Clayton Comments: The back end DTI of 37.54% is 7.46% < maximum DTI of 45.00%. | ||
| 304436057 | XXXXXX | XXXXXX | RI | QM: Safe Harbor | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP1319 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost), not dated | No | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost) not in file. | 10/16/2024 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost) dated 9/3. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: B1 resides at current residence for 11 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers median credit score of 745 is 45 more points than minimum required score of 700. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrowers' have positive mortgage history of 19/19/14 months @ 0 x 30. CFCFS1744: DTI below guideline requirement - Clayton Comments: The back end DTI of 37.54% is 7.46% < maximum DTI of 45.00%. | ||
| 304436057 | XXXXXX | XXXXXX | RI | QM: Safe Harbor | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | D | A | D | A | CMPSTCP1297 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan), not in file | No | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan) not in file. | 10/16/2024 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan) dated 9/3. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: B1 resides at current residence for 11 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers median credit score of 745 is 45 more points than minimum required score of 700. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrowers' have positive mortgage history of 19/19/14 months @ 0 x 30. CFCFS1744: DTI below guideline requirement - Clayton Comments: The back end DTI of 37.54% is 7.46% < maximum DTI of 45.00%. | ||
| 304436057 | XXXXXX | XXXXXX | RI | QM: Safe Harbor | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | D | A | D | A | CMPSTCP1309 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost), not in file | No | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost) not in file. | 10/16/2024 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost) dated 9/3. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: B1 resides at current residence for 11 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers median credit score of 745 is 45 more points than minimum required score of 700. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrowers' have positive mortgage history of 19/19/14 months @ 0 x 30. CFCFS1744: DTI below guideline requirement - Clayton Comments: The back end DTI of 37.54% is 7.46% < maximum DTI of 45.00%. | ||
| 304634227 | XXXXXX | XXXXXX | NC | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: 38.93 DTI below guideline of 45. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x24 mortgage payment history exceeds guideline of 0x30x12. | |||||||||||||||||
| 304634226 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: Max allowed DTI is 50% and the borrowers have a 34.551% DTI. CFCFS1737: LTV below guideline requirements - Clayton Comments: Max allowed CLTV is 80% and ther borrowers have a 74.628% CLTV. | |||||||||||||||||
| 304436055 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 17.9 years current job time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 60 mos. mtg. payment hist. exceeds min. guideline requirement of 12 mos. CFCFS5269: Minimal use of credit - Clayton Comments: 23% revolving credit line utilization CFCFS2854: Significant time in profession - Clayton Comments: 19.1 years in same line of work/profession | |||||||||||||||||
| 304436053 | XXXXXX | XXXXXX | CA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Fees exceed allowable threshold of 3.50%.10/16/24 Update: Fees are within the 5% allowable tolerance. APR test causing the QM difference (Internal testing is QM RP). | 10/16/24 Client provided an updated XXX report reflecting QM Presumption of Compliance due to HPML. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 34 years. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x27 exceeds mortgage history guidelines. | ||
| 304637083 | XXXXXX | XXXXXX | ID | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 54% CLTV is 36% below the maximum allowed CLTV of 90%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The 802 credit score exceeds the 660 guideline minimum credit score by 142 points. | |||||||||||||||||
| 304634224 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 69.87% LTV below guideline requirements of 75.00% per program. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 19 years and 11 months. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 0x30 for 60 months. | |||||||||||||||||
| 304436051 | XXXXXX | XXXXXX | GA | QM: Safe Harbor | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | D | A | D | A | CRDCRMH183 | Credit report incomplete | No | Missing credit report and credit score for Co-Borrower on Note. | 10/10/2024 client provided a CBR for co-borrower. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has significant time at current residence with 7.11 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines at 740 with a minimum credit score of 700. | ||
| 304436050 | XXXXXX | XXXXXX | IN | QM: Rebuttable Presumption | QM: Rebuttable Presumption (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | D | A | D | A | CRDTIL796 | Missing Title | No | Missing title. | 10/23/2024 client provided title report. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 735 > is above guideline minimum credit score. CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession, 7 years. | ||
| 304634221 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | B | A | A | A | D | A | D | A | B | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/22/2025 Client provided a screen print reflecting CD sent E-sign 12/13 and also XXX 12/13. Mail rule applies, 3 days for delivery and 3 day waiting period allowing for earliest delivery 12/20. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 719 FICO exceeds guideline of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: 41.17% DTI below guideline of 45%. | ||
| 304634221 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | B | A | A | A | D | A | D | A | B | A | A | A | D | A | Credit | Credit/Mtg History | Satisfied | B | A | B | A | CRDCRMH123 | No evidence of required debt payoff | No | Missing evidence that the XXX charge off was paid off in full. Credit report shows a balance of $XX,XXX but final CD only shows a payoff amount of $X,XXX. | 1.21.2025 Client provided copy of Law Office Settlement letter for XXX settling for $X,XXX in which is the amount paid off on subject CD. | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 719 FICO exceeds guideline of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: 41.17% DTI below guideline of 45%. | ||
| 304634220 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 780 exceeds guide lines. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 25.44% is below lender's guide line maximum of 80%. | |||||||||||||||||
| 304634218 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 5 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 47.26% max per guidelines is 90%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 30.53% max per guidelines is 45%. | |||||||||||||||||
| 304634216 | XXXXXX | XXXXXX | KS | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has resided at current residence for 21.70 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The CLTV of 42.17% is 32.83% < maximum CLTV of 75.00%. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower has positive mortgage history of 13/166 months @ 0 x 30. CFCFS2854: Significant time in profession - Clayton Comments: Borrower significant time as a XXX for 8.90 years. | |||||||||||||||||
| 304634214 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: The 50% CLTV is 35% below the guideline requirement of 85%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The 758 credit score exceeds the guideline minimum credit score of 660 by 98 points. | |||||||||||||||||
| 304634211 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower has 0x30 on current and previous mortgages CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for 20 years | |||||||||||||||||
| 304634210 | XXXXXX | XXXXXX | UT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 11 years at current job CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 53.26% below guideline requirements 80.00% CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 39.14% below guideline requirement 45.00%. | |||||||||||||||||
| 304634208 | XXXXXX | XXXXXX | AL | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 740 exceeds guide lines. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0X43 mortgage payment history exceeds guide lines of 24 months. | |||||||||||||||||
| 304436042 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Missing XXX in file to verify Lender's ATR/QM status determination | 10/09/2024 client provided XXX report. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 8 years and 1 month CFCFS1737: LTV below guideline requirements - Clayton Comments: 50.85% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 707 is 47 points above program guideline minimum of 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 49+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | ||
| 304637082 | XXXXXX | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2700 | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | No | Application Date 11/19/2024. Acknowledgement of HCO 12/12/2024. | 01/04/2025 Client provided the missing List of homeowners counseling organizations dated 11/19. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 71.05% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 713 is 53 points above program guideline minimum of 660. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 31 years and 3 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 11 years | ||
| 304637082 | XXXXXX | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Satisfied | C | B | C | B | CMPTXHE111 | Texas Equity - Itemized disclosure of fees not provided prior to closing; missing supporting documents for election to proceed | No | Texas Equity- Missing Itemized disclosure. | 01/09/2025 Client provided an Email dated 12/11 reflecting FCD sent as an attachment. Per review by Internal Compliance Counsel the Condition remains for evidence of receipt by all title holders a minimum of 1 day prior to closing. 01/13/2025 Client provided Collaborate comment: Borrower is the only one on title. Condition remains. Provide Acknowledgement of receipt of FCD at least 1 day prior to closing. 01/30/2025 Client provided an email from Bororwer reflecting Itemized fees were received 12/22 prior to closing. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 71.05% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 713 is 53 points above program guideline minimum of 660. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 31 years and 3 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 11 years | ||
| 304637082 | XXXXXX | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Satisfied | C | B | C | B | CMPTXHE846 | TX Equity - Closed before later of appl/discl + 12 days | No | Application date is 11/19/2024; Notice Concerning Extensions of Credit is dated 12/12/2024; Note date is 12/12/2024. Both the Application and Notice Concerning Extensions of Credit must be executed at least 12 days prior to closing | 01/04/2025 Client provided the Notice Concerning Extensions disclosure dated 11/19. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 71.05% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 713 is 53 points above program guideline minimum of 660. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 31 years and 3 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 11 years | ||
| 304637082 | XXXXXX | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Missing T.42 Title Endorsement. | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 71.05% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 713 is 53 points above program guideline minimum of 660. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 31 years and 3 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 11 years | ||
| 304637082 | XXXXXX | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42.1 Title Endorsement. | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 71.05% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 713 is 53 points above program guideline minimum of 660. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 31 years and 3 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 11 years | ||
| 304637082 | XXXXXX | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Please provide evidence that borrower acknowledged receipt of LE 12/5/24 3 days prior to consummation date of 12/12/2024. | 01/04/2025 Client provided a XXX for the Borrower reflecting LE was sent on 12/05 however it does not reflect a Completed status. Provide evidence that the Borrower received the last LE 12/5. 01/07/2025 Client provided a Collaborate comment: Audit trail reflected document was viewed on 12-05-24. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 71.05% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 713 is 53 points above program guideline minimum of 660. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 31 years and 3 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 11 years | ||
| 304634206 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 48.07% max per guidelines is 85%. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower been at current residence for 24 years. | |||||||||||||||||
| 304634202 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 74% below guideline requirements of 85% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 43 months exceeds guidelines of 12 months CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 26 years | |||||||||||||||||
| 304634201 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA858 | Natural Disaster Area, no subsequent inspection (Individual & Public) | No | Provide disaster inspection for Wildfires and Straight-Line Winds declaration #XXXX date of X/X/XXXX; Effective date 12/31/2099. | 1.27.2025 Client provided Post Disaster inspection dated X.XX.XXXX with no damage along with exterior photos | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 59.56% is less than max of 90%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 39.54% is less than 45%. | ||
| 304634199 | XXXXXX | XXXXXX | TX | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Satisfied | C | A | C | A | CMPTXHE846 | TX Equity - Closed before later of appl/discl + 12 days | No | Application date is 10/3/2024; Notice Concerning Extensions of Credit is dated 12/2/2024; Note date is 12/2/2024. Both the Application and Notice Concerning Extensions of Credit must be executed at least 12 days prior to closing | 12/19/2024 Client provided missing Notice concerning Extensions of Credit receive dated 9/30 and 10/01. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 74% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5.08 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job 10.83 years | ||
| 304634199 | XXXXXX | XXXXXX | TX | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Satisfied | C | B | C | B | CMPTXHE111 | Texas Equity - Itemized disclosure of fees not provided prior to closing; missing supporting documents for election to proceed | No | 12/19 Update: Fees changed from Initial CD to Final CD. Texas Equity- Missing Itemized disclosure. | 12/27/2024 Client provided Texas Disclosure form T64 reflecting Title charges, Condition remains. The owner of the homestead must receive an itemized Disclosure of actual costs, points, Interest, costs and charges disclosed. Lender to provide Itemization that was given to Borrower prior to closing. 01/07/2025 Client requested review. Per review by Internal Compliance Counsel, Provide either the shorter version form that only addresses the application and/or Itemized fees (CD), or the tracking reflecting the 12/2 CD was received on 12/1.01/09/2025 Client provided an Email dated 11/29 reflecting FCD sent as an attachment. Per review by Internal Compliance Counsel the Condition remains for evidence of receipt by all title holders a minimum of 1 day prior to closing. 01/13/2025 Client provided screen print reflecting same email address for both. Condition remains. Provide acknowledgement of receipt of Final CD, at least 1 day prior to closing.01/29/2025 Client provided an email from the Title Holders acknowledging they received the closing figures on 11/29. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 74% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5.08 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job 10.83 years | ||
| 304634199 | XXXXXX | XXXXXX | TX | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Missing T.42 Title Endorsement. | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 74% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5.08 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job 10.83 years | ||
| 304634199 | XXXXXX | XXXXXX | TX | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42.1 Title Endorsement. | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 74% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5.08 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job 10.83 years | ||
| 304634198 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 49.44 is less than 85 max. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 29.87 is less than 45. | |||||||||||||||||
| 304436039 | XXXXXX | XXXXXX | VA | QM: Safe Harbor | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide documentation all titleholders received an accurate CD 3 business days prior to closing. | 10/18/2024 Client provided XXX for both reflecting CD sent 9/30 signed by Borrower 9/30 and be Non Borrower 10/1. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 50% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 45 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 39.54% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5.08 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 11 years | ||
| 304436038 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has resided at current residence for 33.20 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower is a Claim Team Manager for 7.80 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The CLTV of 60.49% is 9.51% < maximum CLTV of 70.00%. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower has positive mortgage history of 27/47 months @ 0 x 30. | |||||||||||||||||
| 304634196 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Missing Disclosure 12/13/2024. CoC dated 12/12/2024 refers to LE 12/13/2024. Conditionis pending receiving LE. | 01/17/2025 Client provided a collaborate Comment: There was no LE issued on 12/13/2024 as noted on the COC. On 12/12 during the UW process, the borrower's DTI exceed which triggered a pricing change on the loan. Before the LE was completed to disclose the changed fee to the borrower, the DTI was reduced below 43% which removed the fee change. Since the previous LE was still accurate, no additional disclosure was provided. The COC remained in the file in error. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 36.52% CLTV below guideline requirements. Max CLTV 70% CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: B2 has significant time at current job, 11 years | ||
| 304634195 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been in current residence for 20 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been in the same job for 12 years. | |||||||||||||||||
| 304634192 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 734. CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 85%. Loan LTV is 80%. | |||||||||||||||||
| 304634191 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/15/2025 Client provided a XXX reflecting the the CD was sent to Non-Borrower and completed all on 12/18. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 25 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 14 years. | ||
| 304634191 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Credit | Credit/Mtg History | Satisfied | D | A | D | A | CRDCRMH189 | Missing credit report | No | Missing the credit report | 1.14.2025 Client provided credit report dated 12.3.2024 | Condition satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 25 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 14 years. | ||
| 304634189 | XXXXXX | XXXXXX | DC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 758 exceeds guide lines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 29.39% is below lender's guide lines maximum of 45%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 24 years at current job. | |||||||||||||||||
| 304637081 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 59.34 is 25.66 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x45 exceeds mortgage history guidelines. | |||||||||||||||||
| 304634188 | XXXXXX | XXXXXX | MN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 792 exceeds guide lines. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for 13 years. | |||||||||||||||||
| 304634187 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC806 | Notary Status is missing | No | Notary Status is missing from file. | 01/06/2025 Client provided full executed Mortgage including Notary page. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 680 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 42.71 DTI below guideline of 45. | ||
| 304634187 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Credit | Credit/Mtg History | Satisfied | B | A | B | A | CRDCRMH123 | No evidence of required debt payoff | No | Missing evidence that the following past due accounts on credit were brought current: XXX #XXX and XXX#XXX. | 1.8.2025 Client provided LOX stating do not reflect as past due, reflect as days late. Response, per credit report XXX and XXX both reflect a past due $87 (XXX) and $144 (XXX); condition remains 1.14.2025 Client provided updated post close supplement verifying past due amount have been satisfied | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 680 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 42.71 DTI below guideline of 45. | ||
| 304634187 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Credit | Credit/Mtg History | Satisfied | C | A | C | A | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | Missing evidence of $537.56 monthly property tax payment used for qualifying. | 1/7 Client provided a tax bill supporting $615.64; DTI updated | Satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 680 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 42.71 DTI below guideline of 45. | ||
| 304634186 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP4385 | MI Home Loan - Cannot determine if MI Home Loan Toolkit was provided in a timely manner | No | Toolkit in File is not dated or confirmed receipt by the borrowers. Unable to determine if MI Home Loan Toolkit was provided in a timely manner | 01/22/2025 Client provided the Combined Disclosures form reflecting the Tool Kit delivery date as 11/22. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current residence for 8 years CFCFS2854: Significant time in profession - Clayton Comments: Co-Borrower has been in current profession for 6 years. | ||
| 304349699 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned the subject property for 18 years 6 months. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been with current employer since 3/19/2012. CFCFS1737: LTV below guideline requirements - Clayton Comments: 74.45% CLTV is 5.55% below the maximum allowable CLTV of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 726 is 46 points above the minimum required score of 680. | |||||||||||||||||
| 304436035 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 712 > is above guideline minimum credit score. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 30 years. CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession, 25 years. | |||||||||||||||||
| 304637078 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 797 credit score exceeds the 660 guideline minimum credit score by 137 points. CFCFS1737: LTV below guideline requirements - Clayton Comments: The 65% CLTV is 25% below the guideline requirement of 90%. | |||||||||||||||||
| 304634184 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 59% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 50 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 21.38% below guideline requirement of 45% CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 8.83 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 8.08 years for B2 | |||||||||||||||||
| 304436034 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 31 Years CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 48.92% is below maximum allowed of 75% | |||||||||||||||||
| 304637077 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP1307 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan), not dated | No | Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan), not dated | 02/03/2025 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan) dated 01/06. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 31.51% is below lender's guide line maximum of 75%. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for 15 years. | ||
| 304637077 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP1319 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost), not dated | No | Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost), not dated | 02/03/2025 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost) dated 01/06. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 31.51% is below lender's guide line maximum of 75%. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for 15 years. | ||
| 304637077 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | D | A | D | A | CMPSTCP1297 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan), not in file | No | Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan), not in file | 02/03/2025 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan) dated 01/06. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 31.51% is below lender's guide line maximum of 75%. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for 15 years. | ||
| 304637077 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | D | A | D | A | CMPSTCP1309 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost), not in file | No | Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost), not in file | 02/03/2025 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost) dated 01/06. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 31.51% is below lender's guide line maximum of 75%. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for 15 years. | ||
| 304634183 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 48% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 31 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 24.17 years | |||||||||||||||||
| 304637076 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Missing T.42 Title Endorsement. | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 90%. Loan LTV is 39.75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 773. | ||
| 304637076 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42.1 Title Endorsement. | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 90%. Loan LTV is 39.75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 773. | ||
| 304436033 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Please provide evidence that borrower acknowledged receipt of CD 9/20/2024 3 days prior to consummation date of 09/25/2024.Provide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. | 10/14/24 Client provided NBS confirmation of receipt initial CD on 9/20/24.Condition satisfied | Condition satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been on current job for 6 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been at current residence for 6 years. | ||
| 304634182 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 698 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 23 years at current job. | |||||||||||||||||
| 304637075 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 46.19 is less that the max of 75. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 20+ years on current job | |||||||||||||||||
| 304637074 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower been at current residence for 6 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has been at current XXX job for 18 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 69.84% max per guidelines is 90%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 36.19% max per guidelines is 45%. | |||||||||||||||||
| 304436032 | XXXXXX | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying credit score of 743 is well above guideline threshold of 660. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been on current job for 17 years. | |||||||||||||||||
| 304436031 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV on this loan at 47% is 33% below the maximum allowed CLTV of 80% per the program guidelines. CFCFS1744: DTI below guideline requirement - Clayton Comments: 34% DTI is 11% below the maximum DTI allowed at 45% per the program guidelines. | |||||||||||||||||
| 304634181 | XXXXXX | XXXXXX | SC | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 68.29% LTV below guideline requirements of 75.00% per program. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 5 years and 5 months CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304634180 | XXXXXX | XXXXXX | MT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 770 exceeds guidelines CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job, 10 years CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 15 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 48.20% CLTV below guideline requirements. Max CLTV 90.00% | |||||||||||||||||
| 304634179 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 90%. Loan LTV is 61.99%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 800. | |||||||||||||||||
| 304436029 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The qualifying credit score of 818 exceeds the minimum required score of 700 by 118 points. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 57 months paid as agreed mortgage history exceeds the minimum 12 months mortgage history by 45 months. | |||||||||||||||||
| 304634178 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 66.43% max per guidelines is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower FICO score is 717 max per guidelines is 700. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower been at current residence for 27 years. | |||||||||||||||||
| 304634177 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance due to Title Examination fee $100 added to final LE 11/18/24. COC issued 11/18 lists fee amount but does not give additional details as to why fee was added. No cure provided on borrower final CD prior to close. Condition pending receipt detailed COC with fee addition validated or Post CD reflecting lenders cure, LOX, Refund of $100 w/ Proof of Delivery. | 01/15/2025 Client provided COC 11/14 reflecting Borrower provided permission to clear the UCC for loan to proceed, resulting in a Title Examination fee added. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower in the same professio0n for 25.3 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been in the same residence for 9.4 years. | ||
| 304634176 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower been at current residence for 30 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 28 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 70 max per guidelines is 75%. | |||||||||||||||||
| 304634175 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower been at current residence for 19 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 20 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 28.59% max per guidelines is 45%. | |||||||||||||||||
| 304637070 | XXXXXX | XXXXXX | OH | QM: Rebuttable Presumption (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | Home Mortgage Information Document not provided | 02/04/2025 Client provided missing OH CSPA; Home Mortgage Information Document with acknowledgement disclosed on 12/31. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 731 exceeds guidelines 720 CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 63.74% below guideline requirements 85.00%. | ||
| 304634173 | XXXXXX | XXXXXX | VA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Final LE issued 12/12/24. Initial CD issued 12/16/24. No confirmation of receipt of final LE prior to initial CD. | 01/09/2025 Client provided XXX for Applicant reflecting LE sent and viewed on 12/12. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same line of work for 10 Years CFCFS1739: Positive mortgage payment history - Clayton Comments: Mortgage Payment history 0 X 30 over last 48 months | ||
| 304637068 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: B1 has 10.1 years in same line of work/profession CFCFS5269: Minimal use of credit - Clayton Comments: 18% revolving credit line utilization CFCFS1744: DTI below guideline requirement - Clayton Comments: 26.41% DTI is below max allowable per guides of 45% | |||||||||||||||||
| 304436025 | XXXXXX | XXXXXX | AL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | D | A | B | A | A | A | D | A | D | A | B | A | A | A | D | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Clayton's QM status - QM - RP based of a lock date of 7/8/2024. | 10/14/2024 client provided a XXX report reflecting QM:RP (APOR) | Condition satisfied. | (No Data) | Not Applicable | CFCFS1739: Positive mortgage payment history - Clayton Comments: No history of late payments in over 73 months CFCFS5269: Minimal use of credit - Clayton Comments: Borrower using only 35% of available credit CFCFS2860: Good credit history - Clayton Comments: borrower has no history of late payments | ||
| 304436025 | XXXXXX | XXXXXX | AL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | D | A | B | A | A | A | D | A | D | A | B | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 10/14/24 Client provided XXX tracking of initial CD for both title holders. Condition satisfied | Condition satisfied | (No Data) | Not Applicable | CFCFS1739: Positive mortgage payment history - Clayton Comments: No history of late payments in over 73 months CFCFS5269: Minimal use of credit - Clayton Comments: Borrower using only 35% of available credit CFCFS2860: Good credit history - Clayton Comments: borrower has no history of late payments | ||
| 304436025 | XXXXXX | XXXXXX | AL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | D | A | B | A | A | A | D | A | D | A | B | A | A | A | D | A | Credit | Credit/Mtg History | Satisfied | B | A | B | A | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | Missing evidence of HOA on subject property. $17.00 a month | 10/14/2024 client provided evidence of $17 per month HOA fee. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1739: Positive mortgage payment history - Clayton Comments: No history of late payments in over 73 months CFCFS5269: Minimal use of credit - Clayton Comments: Borrower using only 35% of available credit CFCFS2860: Good credit history - Clayton Comments: borrower has no history of late payments | ||
| 304436024 | XXXXXX | XXXXXX | NY | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | C | A | C | A | C | A | A | A | C | A | Compliance | Federal Higher-Priced | Satisfied | C | A | C | A | CMPFDHP2948 | Federal Higher-priced mortgage loan - Appraisal does not meet HPML standards | No | Condition added Client provided XXX w/Non QM status however file have an AVM vs Full appraisal (HPML) | 10.8.2024 Client provided LOX stating see attach XXX. Response, XXX provided is also Non QM status. Condition remains Non QM w/AVM vs Full appraisal for HPML. 10/16/2024 client provided a XXX report reflecting loan in Non-QM. Per guidelines Non-QM loans require a full appraisal. Loan file only contains an AVM. Condition remains.10.17.2024 Client provided LOX, compliance re-review file and corrected the rate set date, file is no longer a HPML file, in which now appraisal is not required. | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 10 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 10 years. | ||
| 304436024 | XXXXXX | XXXXXX | NY | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | C | A | C | A | C | A | A | A | C | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Lender provided QM worksheet, however, it did not disclosed a QM status. Clayton QM status is Non QM due because it exceeds Fees Test Threshold | 10.2.2024 Client provided XXX w/NON QM Status | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 10 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 10 years. | ||
| 304634172 | XXXXXX | XXXXXX | ID | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 8 years and 10 months CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job; 5 years and 1 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 59.30% LTV below guideline requirements of 80.00% per program. CFCFS1744: DTI below guideline requirement - Clayton Comments: 39.27% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304436023 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Need evidence of change of circumstance letter or a copy of a refundable check in the amount of $100 for zero tolerance fees.A Title Examination fee was added to the LE dated 09/13/2024. The COC that corresponds to this fee is dated 08/15/2024. The TRID rule requires that the revised loan estimate be provided within three business days of receiving information supporting the need to revise. | 10/16/24 Client provided a missing 9/11 COC for the Revised 9/13 LE. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV actual 30.90% is less than max of 75%. CFCFS1744: DTI below guideline requirement - Clayton Comments: Actual DTI 36.78 is less than max of 45. | ||
| 304634171 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 11 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: Max allowed DTI is 50% and the borrower has a 40.208% DTI. | |||||||||||||||||
| 304634170 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower is a XXX for 9.30 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The CLTV of 66.34% is 8.66% < maximum CLTV of 75.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers median credit score of 746 is 66 more points than minimum required score of 680. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower has positive mortgage history of 50 months @ 0 x 30. | |||||||||||||||||
| 304634169 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 773 > is above guideline minimum credit score. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI: 32.41% is 12.59 points below the guideline program minimum. | |||||||||||||||||
| 304436021 | XXXXXX | XXXXXX | GA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score of 774 exceeds the minimum required fico score of 700 by 74 points. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 85 months of paid as agreed mortgage history exceeds the minimum required 12 months by 73 months. | |||||||||||||||||
| 304436020 | XXXXXX | XXXXXX | ID | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 22 years, 1 month at current residence. CFCFS1744: DTI below guideline requirement - Clayton Comments: 25.84% DTI; 45% max allowed. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 8 years, 4 months at current job. | |||||||||||||||||
| 304436019 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 9 years and 11 months CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 7 years and 2 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 63.87% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 718 is 58 points above program guideline minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 35.96% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304634168 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 35.55% below guideline requirement 45.00%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 66.20% below guideline requirements 90.00%. | |||||||||||||||||
| 304436018 | XXXXXX | XXXXXX | ID | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | C | A | A | A | C | A | C | A | C | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Closing date XXX. Initial CD date issued 09/12/24. No Confirmation of Receipt of Initial CD and no evidence in file for both title holders receiving initial CD w/ proof of delivery min 3 days prior to consummation. | 10/04/2024 Client provided XXX for both reflecting CD was sent and viewed on 9/12. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 8 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been at current residence for 8 years. | ||
| 304436018 | XXXXXX | XXXXXX | ID | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | C | A | A | A | C | A | C | A | C | A | A | A | C | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Lender provided QM worksheet but it did not indicate a QM status. Clayton's determination is rebuttable due to points and fees. | 10.4.2024 Client provided some documentation however XXX in file w/no QM status. Condition remains for XXX w/QM status 10.8.2024 Client provided XXX w/QM Rebuttable Presumption | Condition satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 8 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been at current residence for 8 years. | ||
| 304436016 | XXXXXX | XXXXXX | NY | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 7 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower FICO score is 731 max per guidelines is 700. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 69.74% max per guidelines is 80%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 19 years. | |||||||||||||||||
| 304436013 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV actual 57.75 is less than max of 75. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI actual 31.65 is less than max of 45. | |||||||||||||||||
| 304436012 | XXXXXX | XXXXXX | MD | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 67% is 13% below the max CLTV allowed of 80%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 60 month paid as agreed mortgage history exceeds the minimum 12 months required by 48 months. | |||||||||||||||||
| 304634167 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history exceeds guidelines CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 22.56% below guideline requirement of 45% CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 28.08 years CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5.08 years | |||||||||||||||||
| 304634165 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Missing T.42 Title Endorsement. | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 65% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 20.5 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 35 years | ||
| 304634165 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42.1 Title Endorsement. | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 65% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 20.5 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 35 years | ||
| 304637065 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been XXX job for 8 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 77.65% max per guidelines is 90%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower FICO score is 775 max per guidelines is 760. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 35.39% max per guidelines is 45%. | |||||||||||||||||
| 304436009 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have 12 years at current residence CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - Clayton Comments: Borrowers have no late payments on the mortgage history | |||||||||||||||||
| 304634163 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 14 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 60.46% LTV below guideline requirements of 90.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 787 is 127 points above program guideline minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 31.47% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304634162 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 799 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 55.26% is 34.74 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x55 exceeds mortgage history guidelines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI: 35.54% is 9.46 points below the guideline program minimum. | |||||||||||||||||
| 304436003 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Closing date XXX. Initial CD date issued 10/02/24. No Confirmation of Receipt of Initial CD and no evidence in file for both title holders receiving initial CD w/ proof of delivery min 3 days prior to consummation. | 10/21/2024 Client provided XXX for both reflecting CD sent and viewed on 10/2. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: 36.79 DTI below guideline of 45. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower at current job since 7/25/2011. | ||
| 304634161 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 25 month mortgage payment history exceeds the 12 month minimum guideline requirement by 13 months. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 708 credit score exceeds the 680 guideline requirement by 28 points. | |||||||||||||||||
| 304634159 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 712 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 41.75 DTI below guideline of 45. | |||||||||||||||||
| 304634158 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | D | A | C | A | D | A | A | A | D | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance in the amount of $100.00 as Title - Doc Processing Fee was added on initial CD 12/4/24 without a COC in file. Condition pending receiving a Change of Circumstances or Post CD reflecting lenders cure, LOX, a copy of refund and proof of delivery via shipping that includes tracking information. | 01/08/2025 Client provided permission and documentation required to update the deed for name change resulting in a Title Processing fee added. | Condition Satisfied | (No Data) | Not Applicable | CFCFS1745: Significant total monthly debt reduction - Clayton Comments: paying off 3 high balance credit card accts. and 1 installment acct. CFCFS2860: Good credit history - Clayton Comments: deep credit file with all accts,. paid as agreed. No collections, judgements, BK | ||
| 304634158 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | D | A | C | A | D | A | A | A | D | A | C | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR100 | Missing Appraisal | No | Missing AVM to support appraised value | 1/7 Client provided an AVM however it is not from an approved vendor; provide an AVM from an approved vendor1.10.2025 Client provided LOX stating the AVM previously provided is an approved AVM. Response, Agree | Condition satisfied | (No Data) | Not Applicable | CFCFS1745: Significant total monthly debt reduction - Clayton Comments: paying off 3 high balance credit card accts. and 1 installment acct. CFCFS2860: Good credit history - Clayton Comments: deep credit file with all accts,. paid as agreed. No collections, judgements, BK | ||
| 304436000 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Right of Rescission | Satisfied | B | B | B | B | CMPROR117 | ROR - Expiration date on form prior to end of rescission period | No | Expiration date on form is prior to end of rescission period, ROR in file disclosed Expiration date is XXX which is before the Disbursement Date of XXX on final CD dated 10.11.2024. | 11/06/2024 Client provided Re-opened Right to Cancel forms received on XXX reflecting Expiration date midnight of XXX. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: The total LTV is 51% CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 12 years at current residence | ||
| 304634157 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Adjusted Charges$2,514.03Total Loan Amount$XXXMaximum Charges %5.000%Maximum Charges$2,361.20Charges Margin to Threshold$152.83Total Charges %5.324%Exceeds fees test threshold?YesFile is missing the Fee Split and XXX report. | 1.22.2025 Client provided Fee Split worksheet, fees re reviewed and entered. QM Safe Harbor | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 756 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 69.72% is 15.28 points below the guideline program minimum. | ||
| 304634157 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Section 32 | Satisfied | C | A | C | A | CMPS32371 | Section 32 Loan per Points and Fees Test | No | Adjusted Charges$2,514.03Total Loan Amount$XXXMaximum Charges %5.000%Maximum Charges$2,361.20Charges Margin to Threshold$152.83Total Charges %5.324%Exceeds fees test threshold?YesFile is missing the Fee Split and XXX report. | 01/22/2025 Client provided the fee split allowing for proper fee allocation. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 756 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 69.72% is 15.28 points below the guideline program minimum. | ||
| 304634156 | XXXXXX | XXXXXX | ID | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 15.2 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: % DTI.Max allowed DTI is 50% and the borrowers have a | |||||||||||||||||
| 304637063 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 73% below guideline requirements of 90% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 59 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 37.16% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 20.33 years | |||||||||||||||||
| 304634154 | XXXXXX | XXXXXX | DE | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 745 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 28 years at current job. | |||||||||||||||||
| 304435997 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 752 FICO exceeds guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 33.52 DTI below guideline of 45. | |||||||||||||||||
| 304637062 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 75%. Loan LTV is 58.39%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 687. | |||||||||||||||||
| 304435995 | XXXXXX | XXXXXX | FL | QM: Rebuttable Presumption | QM: Rebuttable Presumption (APOR) | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA858 | Natural Disaster Area, no subsequent inspection (Individual & Public) | No | FEMA disaster effective date of 12/31/99. A post disaster inspection report is required. | 10.22.2024 Client provided Post Disaster inspection dated 10.17.2024 with no damage along with exterior photos | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned subject property for 5 years and 6 months. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same line of work for 17 years and 7 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: 65.60% CLTV is below guideline maximum of 70%. | ||
| 304435994 | XXXXXX | XXXXXX | IL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 37 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5 years | |||||||||||||||||
| 304435993 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | C | A | C | A | C | A | A | A | C | A | Compliance | State High Cost | Satisfied | C | A | C | A | CMPSTHC349 | IN High-Cost Loan by exceeding point and fee threshold, | No | IN High-Cost Loan by exceeding point and fee threshold, | 10/08/2024 Client requested calculation: Total is $2,956.67. Origination $650.00, Discount $1,956.67 and Title Closing/Settlement fee $350.00. No Fee split Document is in the file for allocation of Affiliate fees. Provide Fee Split Document for review. Additional Conditions may apply. 10/16/2024 Client provided copy of the fee split document for proper allocation of fees to Affiliate. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 36.79% is below maximum allowed of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 5 Years | ||
| 304435993 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | C | A | C | A | C | A | A | A | C | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Missing Lenders ATR QM Status determination | 10.9.2024 Client provided Mavent w/QM Safe Harbor | Condition satisfied | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 36.79% is below maximum allowed of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 5 Years | ||
| 304435992 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 8 years and 2 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 21 years and 10 months CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 78 is 83 points above program guideline minimum of 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 69+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 38.96% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304634153 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 49% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 85 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 40.83% below guideline requirement of 45% | |||||||||||||||||
| 304435990 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide the Initial CD with confirmation of borrower receipt at least 3 business days prior to consummation. Additional conditions may apply. Provide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. | 10/07/2024 Client provided a XXX for the Borrower reflecting CD Sent and signed on 9/17, also provided that are unable to provide for Non-Borrower and requests condition Satisfied 2B. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Actual 33.76 is less than 80. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Actual 750 is greater than 700 required. | ||
| 304634152 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 746 exceeds guide lines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 30.11% is below lender's guide line maximum of 45%. | |||||||||||||||||
| 304435989 | XXXXXX | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has been with the employer for 13 years 1 month. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: B2 has been with the employer for 13 years 6 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: The HCLTV is 57.70% and guidelines allow the HCLTV to be 680. | |||||||||||||||||
| 304435988 | XXXXXX | XXXXXX | NC | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 13 points higher than 680 min CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 16.48% lower than 75% max | |||||||||||||||||
| 304637061 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance due to Title Examination fee $100 added to final LE 12/11/24 section B. COC issued lists fee amount but does not give sufficient details as to why fee was added. No cure provided on borrower final CD prior to close. Condition pending receipt detailed COC with fee addition validated or Post CD reflecting lenders cure, LOX, Refund of $100 w/ Proof of Delivery. | 02/04/2025 Client provided COC 12/07 reflecting the Title Exam fee added due to the Borrower requesting to clear the UCC found on the Property Summary report. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 65% CLTV is 15% below the maximum guideline requirement of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The 706 credit score exceeds the guideline minimum requirement of 660 by 46 points. | ||
| 304634149 | XXXXXX | XXXXXX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/29/2025 Client provided a Disclosure history reflecting CD was sent via XXX on 1/9. Mail rule applies. 3 Days for delivery and a 3 day waiting period results in earliest closing date 1/16. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 766 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 35 years at current job. | ||
| 304435987 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 11 years and 5 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 62.61% LTV below guideline requirements of 70.00% per program. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 38.35% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304634147 | XXXXXX | XXXXXX | DE | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 694 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 31.96% DTI below guideline of 45%. | |||||||||||||||||
| 304634146 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 14.2 years current job time CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 23.8 years current job time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 30 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. | |||||||||||||||||
| 304634145 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 14.11 is less than the max of 75. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO 690 is greater than the required 660 | |||||||||||||||||
| 304634143 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 10 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 16 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 69.35% max per guidelines is 75%. | |||||||||||||||||
| 304634142 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 10.08 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 8.83 years CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV At 59% below guideline requirements of 75% | |||||||||||||||||
| 304435984 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | LTV/CLTV | Waived | C | B | C | B | CRDLTV3030 | CLTV Exceeds Guideline Requirement by less than 5% | No | Balance of $XXX,XXX.XX from the combined amount / the appraised value of $XXX,XXX from the XXX AVM dated X/XX/XXXX = 81.47%. The lender used an appraised value of $XXX,XXX. | Client acknowledges CLTV exception | Upon further review by Senior Underwriter, < 5% CLTV exception deemed non-material. Guidelines allow 80% CLTV, current CLTV 81.47%. DTI is < 30% and mortgage history 0 x 30. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 96 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 29.74% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 6 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 13.08 years | ||
| 304634141 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 7 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 53.70% max per guidelines is 75%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 32.82% max per guidelines is 45%. | |||||||||||||||||
| 304634140 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 21 years and 7 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 5 years and 6 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 69.92% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 710 is 50 points above program guideline minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 26.01% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304435983 | XXXXXX | XXXXXX | NH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 717 > is above guideline minimum credit score. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 23 years. | |||||||||||||||||
| 304634137 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 20.1 years current residence time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 57 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. | |||||||||||||||||
| 304634136 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 21 years and 4 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 9 years and 1 month CFCFS1737: LTV below guideline requirements - Clayton Comments: 69.70% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 730 is 70 points above program guideline minimum of 660. | |||||||||||||||||
| 304634135 | XXXXXX | XXXXXX | MI | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | C | B | A | A | C | B | A | A | C | B | A | A | C | B | A | A | Property Valuations | Property | Waived | C | B | C | B | PRVAPROP2556 | Acreage exceeds property eligibility guidelines | No | Subject lot size of 13.73 acres exceeds guideline of 10 acres. | 1.8.2025 Client provided exception approval for acreage of 13.73 exceeding guidelines maximum of 10.00 acres | Upon review by Senior Underwriter, exception is deemed non-material. Exception approved with compensating factors, low DTI and over 12 years with current employment. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: 37.93 DTI below guideline of 45. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x41 mortgage payment history exceeds guideline of 0x30x12. | ||
| 304634134 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 5 years and 2 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 16 years and 2 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 43.81% LTV below guideline requirements of 85.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 751 is 91 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 50+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304634133 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Missing a COC or Refund for decrease in lender credit from $94 to $0 from Initial LE to the Final LE. | 01/15/2025 Client provided COC 12/09 reflecting option to lock adding of Points and decreasing the Lender credit. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 67.13 is less than the max of 85. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 12+ years on current job. | ||
| 304435982 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: Calculated DTI of 35% is 10% below the maximum allowed DTI of 45%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Total paid as agreed mortgage history of 137 months exceeds the minimum 12 month requirement by 125 months per the program guidelines. | |||||||||||||||||
| 304637058 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance in the amount of $100.00 as Title Examination fee was added to LE 12/16/2024 without a valid COC in file. Condition pending receiving a valid Change of Circumstances or Post CD reflecting lenders cure, LOX, a copy of refund and proof of delivery via shipping that includes tracking information. | 01/31/2025 Client provided a COC 12/12 reflecting third party fee Title Examination. Condition remains. Provide a Valid reason for the addition of this fee or PCCD with cure, copy of cure check, LOE to Borrower and evidence of delivery via tracking. 02/05/2025 Client provided updated COC 12/12 reflecting Borrower provided permission to clear the UCC found on the property Summary report resulting in Exam fee added. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 23 years current residence time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 50 mos. mtg. payment history exceeds min. guideline requirement of 12 mos. CFCFS5269: Minimal use of credit - Clayton Comments: 9.00% revolving credit line utilization | ||
| 304637057 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 72.58% below guideline requirements 90.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 779 exceeds guidelines 760 | |||||||||||||||||
| 304637056 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 46.73 is less that the max of 85. CFCFS1736: Significant time at current residence - Clayton Comments: Owned subject 8+ years | |||||||||||||||||
| 304634129 | XXXXXX | XXXXXX | ID | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers' have resided at current residence for 35 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The CLTV of 44.68% is 30.32% < maximum CLTV of 75.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers median credit score of 717 is 37 more points than minimum required score of 680. | |||||||||||||||||
| 304634128 | XXXXXX | XXXXXX | NV | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 18 years current residence time CFCFS2860: Good credit history - Clayton Comments: deep credit file with all accts. paid as agreed. No collections, judgements, BK | |||||||||||||||||
| 304634127 | XXXXXX | XXXXXX | FL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 34 month mortgage payment history exceeds the 12 month guideline minimum requirement by 22 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 40% DTI is 5% below the maximum guideline requirement of 45%. | |||||||||||||||||
| 304637055 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Missing Fee Split disclosure for further testing. Additional conditions may apply. | 1.29.2025 Client provided Split Fee worksheet, fees re-tested. Condition remains, Client QM status, QM Safe Harbor vs QM Rebuttable Presumption (DD Firm status). Condition remains due to QM status differ. 02/04/2025 Client provided COC 12/14 and Lock Confirmation both reflecting lock date 12/14. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has resided at current residence for 8 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The CLTV of 69.22% is 5.78% < maximum CLTV of 75.00%. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower has positive mortgage history of 38 months @ 0 x 30. | ||
| 304637055 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Section 32 | Satisfied | C | A | C | A | CMPS32371 | Section 32 Loan per Points and Fees Test | No | Missing Fee Split disclosure for further testing. Additional conditions may apply. | 01/29/2025 Client provided missing fee split for proper allocation of Affiliate fee. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has resided at current residence for 8 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The CLTV of 69.22% is 5.78% < maximum CLTV of 75.00%. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower has positive mortgage history of 38 months @ 0 x 30. | ||
| 304637054 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 675. CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 75%. Loan LTV is 71.34%. | |||||||||||||||||
| 304634124 | XXXXXX | XXXXXX | PA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: 27.94% DTI CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower has 32 months of 0x30 on current mortgage | |||||||||||||||||
| 304634123 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 6 Years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same line of work for 22 Years. | |||||||||||||||||
| 304637051 | XXXXXX | XXXXXX | MT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | $100.00 Zero Tolerance due to increase in Title Search fee from $0.00 to $100.00, without a valid Change in Circumstance (COC). Requires COC, or corrected PCCD with cure, copy of cure check, LOE to Borrower and verification of shipping via tracking. | 02/04/2025 Client provided COC 12/16 reflecting Borrower gave permission to clear/payoff liens found on Property Summary report resulting in Search fee. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 58% below guideline requirements of 75% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 40 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 39.30% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 13 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 17 years | ||
| 304634122 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been owning the property for 14 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 39.52% below guideline requirement 45.00%. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the field for 17 years. | |||||||||||||||||
| 304634120 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | A | A | A | A | D | B | D | B | A | A | A | A | D | B | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/22/2025 Client provided XXX for both reflecting CD was sent and completed for Borrower 1 on 12/16 and Sent and viewed by Borrower 2 no 12/16. | Condition Satisfied, | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 745 credit score exceeds the guideline minimum credit score of 680 by 6 points. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 99 month mortgage payment history exceeds the guideline minimum requirement of 12 months by 87 months. | ||
| 304634120 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | A | A | A | A | D | B | D | B | A | A | A | A | D | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Missing T.42 Title Endorsement | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 745 credit score exceeds the guideline minimum credit score of 680 by 6 points. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 99 month mortgage payment history exceeds the guideline minimum requirement of 12 months by 87 months. | ||
| 304634120 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | A | A | A | A | D | B | D | B | A | A | A | A | D | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42.1 Title Endorsement | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 745 credit score exceeds the guideline minimum credit score of 680 by 6 points. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 99 month mortgage payment history exceeds the guideline minimum requirement of 12 months by 87 months. | ||
| 304435979 | XXXXXX | XXXXXX | CA | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 54.62% is below maximum allowed of 80% CFCFS5269: Minimal use of credit - Clayton Comments: Revolving Credit Line use at 21%, 79% available | |||||||||||||||||
| 304634119 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: Max allowed DTI is 50% and the borrowers have a 41.945% DTI. CFCFS1737: LTV below guideline requirements - Clayton Comments: Max allowed CLTV is 80% and the borrowers have a 73.226% CLTV. | |||||||||||||||||
| 304637050 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC150 | Income docs do not meet guidelines | No | Pay stubs are incomplete. Missing breakdown of deductions. | 2.4.2025 Client provided YTD 1.11.2025 paystub and file have YTD 2024 paystub supporting monthly income being used for qualifying. | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 709 FICO exceeds guideline of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x39 mortgage payment history exceeds guideline of 0x30x12. | ||
| 304637050 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Title shows vesting of XXX and XXX, husband and wife, as tenants by the entirety" and mortgage shows "XXX, surviving spouse." | 2.5.2025 Client provided copy of death certificate for XXX | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 709 FICO exceeds guideline of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x39 mortgage payment history exceeds guideline of 0x30x12. | ||
| 304637049 | XXXXXX | XXXXXX | SC | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 735 exceeds guidelines CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession, B1 | |||||||||||||||||
| 304637048 | XXXXXX | XXXXXX | WI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 45 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS5269: Minimal use of credit - Clayton Comments: 22% revolving credit line utilization | |||||||||||||||||
| 304634117 | XXXXXX | XXXXXX | NC | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 72% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 73 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 7.33 years | |||||||||||||||||
| 304634116 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 38.76 is less than the max 75. CFCFS1736: Significant time at current residence - Clayton Comments: Owned residence 25+ years. | |||||||||||||||||
| 304435976 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | D | A | D | A | CRDTIL865 | Title incomplete | No | Missing final title property report. | 10/15/2024 client property final title report. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 765 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 16 years at current job. | ||
| 304634115 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers at current residence for 16 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been in the current job for 21.3 years. | |||||||||||||||||
| 304435974 | XXXXXX | XXXXXX | CA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Clayton status reflect QM status as QM Rebuttable Presumption (APOR). Lender reflects QM Safe Harbor APOR. The test APR is 9.893%, the benchmark APR is 6.380 resulting in a difference of 3.513%, max difference allowed is 3.50% | 10/14/2024 Client provided an updated XXX 10/12 reflecting a QM Status as Presumption of Compliance. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 17 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 17 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has been at current job for 19 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 39.47% max per guidelines is 45%. | ||
| 304634114 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been in the current job for 25 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been in current residence for 14 years. | |||||||||||||||||
| 304634113 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The 683 credit score exceeds the guideline minimum 660 credit score by 23 points. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 28 month mortgage payment history exceeds the 12 month guideline minimum by 16 months. | |||||||||||||||||
| 304634112 | XXXXXX | XXXXXX | OR | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower at current job for 15.11 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been in current residence for 8.5 years. | |||||||||||||||||
| 304435972 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 771 exceeds guidelines 700. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property for 20 years. | |||||||||||||||||
| 304435971 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing verification of assets used to pay off XXX #XXX balance $X,XXX. | C10/14/2024 client provided credit supplement reflecting XXX paid in full. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 787 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 43.33 DTI below guideline of 45. | ||
| 304634110 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | OH CSPA; Home Mortgage Information Document not provided | 01/16/2025 Client provided missing OH CSPA; Home Mortgage Information Document with acknowledgement disclosed on 12/04. | Condition Satisfied | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 45 month mortgage payment history exceeds the 12 month minimum guideline requirement by 33 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: 47% CLTV is 28% below the maximum allowed guideline requirement of 75%. | ||
| 304637046 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 755 FICO exceeds guideline of 660. CFCFS2860: Good credit history - Clayton Comments: No late payments reported on credit. | |||||||||||||||||
| 304435969 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2700 | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | No | List of homeowners counseling organizations not provided w/in 3 days of application date of 8/30/2024. | 10/24/2024 Client provided missing List of homeowners counseling organizations dated 8/30. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: B1 has been in profession >29 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been owning the property >9 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 65.19% below guideline requirements 80.00%. | ||
| 304634107 | XXXXXX | XXXXXX | NE | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 21 Years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same line of work for 37 Years. | |||||||||||||||||
| 304634106 | XXXXXX | XXXXXX | NV | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 74.89% max per guidelines is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 32.63% max per guidelines is 45%. | |||||||||||||||||
| 304637044 | XXXXXX | XXXXXX | NH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 59.29 %below guideline requirements 80.00%. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has 7 years at current job | |||||||||||||||||
| 304634105 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 65.30% LTV below guideline requirements of 90.00% per program. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Median FICO of 727 is 67 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 60+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304435965 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 25 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has been at current job for 22 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: .Borrower has been at currently(XXX) job for 15 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower FICO score is 757 max per guidelines is 700. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 43.10% max per guidelines is 80%. | |||||||||||||||||
| 304634103 | XXXXXX | XXXXXX | NC | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 20 years at current job. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has > 9 years at current job | |||||||||||||||||
| 304435963 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | D | A | D | A | D | A | D | A | D | A | D | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | D | A | D | A | CMPATRQM3220 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status. | No | Missing 2022 personal tax returns and 2022 business tax returns for XXX and XXX | 9.30.2024 Client provided duplicate (in file) pg 1 of 1040 2022 business returns and 1040 Transcripts however initial condition is for Missing all pages of 1040 2022 Personal and 2022 business returns for XXX and XXX. Upon receipt, income calculation is required.10.2.2024 Client provided 2022 1040 and 2022 1120S business returns for XXX and XXX | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 759 FICO exceeds guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 24.49 DTI below guideline of 45. | ||
| 304435963 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | D | A | D | A | D | A | D | A | D | A | D | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC2408 | Income verification does not meet guidelines | No | Missing 2022 personal tax returns and 2022 business tax returns for XXX and XXX | 9.30.2024 Client provided duplicate (in file) pg 1 of 2022 (w/signature) 1040 and 1120S business returns and 1040 Transcripts however initial condition is for Missing all pages of 1040 2022 Personal and 2022 1120S business returns for XXX and XXX. Upon receipt, income calculation is required. 10.2.2024 Client provided 2022 1040 and 2022 1120S business returns for XXX and XXX, income used for qualifying is supported | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 759 FICO exceeds guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 24.49 DTI below guideline of 45. | ||
| 304435963 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | D | A | D | A | D | A | D | A | D | A | D | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR173 | Comp Photos Unacceptable | No | Photo for Comp Sale 1 does not show the front of the property. | 10.7.2024 Client provided updated copy of exterior 2055 appraisal with including Comp 1 photo from MLS | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 759 FICO exceeds guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 24.49 DTI below guideline of 45. | ||
| 304435963 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | D | A | D | A | D | A | D | A | D | A | D | A | Property Valuations | FEMA | Satisfied | B | A | B | A | PRVAFEMA856 | Natural Disaster Area, no subsequent inspection (Public) | No | Missing Post Disaster inspection and to be dated after 8.27.2024 | Client provided disaster inspection dated XX/XX/XXXX, no damage | condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 759 FICO exceeds guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 24.49 DTI below guideline of 45. | ||
| 304435963 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | D | A | D | A | D | A | D | A | D | A | D | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA4817 | Natural Disaster Area, Subseq inspect prior to Disaster (Individual & Public) | No | Missing post disaster inspection for XXX effective 10/11/2024. | Client provided disaster inspection dated XX/XX/XXXX. no damage | condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 759 FICO exceeds guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 24.49 DTI below guideline of 45. | ||
| 304634102 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 70.55 is less than the max of 80. CFCFS1736: Significant time at current residence - Clayton Comments: Owned current residence 19 years. | |||||||||||||||||
| 304435962 | XXXXXX | XXXXXX | NV | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 52% below guideline requirements of 70% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 27 years | |||||||||||||||||
| 304637043 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 38.95% below guideline requirements 85.00%. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession >22 years. | |||||||||||||||||
| 304634101 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 33.88% below guideline requirement 45.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 742 exceeds guidelines 720. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 59.27% below guideline requirements 85.00%. | |||||||||||||||||
| 304435958 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 9 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 10 years. | |||||||||||||||||
| 304435957 | XXXXXX | XXXXXX | IL | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 62 points higher than 700 min. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 26.97% lower than 80% max. | |||||||||||||||||
| 304634098 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The credit score of 795 exceeds the minimum guideline requirement of 660 by 105 points. CFCFS1737: LTV below guideline requirements - Clayton Comments: The 61% CLTV is 19% below the guideline requirement of 90%. | |||||||||||||||||
| 304435956 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 16 points higher than 680 max CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 26.87% lower than 75% max | |||||||||||||||||
| 304634095 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | TX Equity - Texas Equity : Missing T.42 Title Endorsement | 1/15/2025 Client provided an approved exception for missing T.42 Title Endorsement. | Initial and final grade B. | (No Data) | Not Applicable | CFCFS5269: Minimal use of credit - Clayton Comments: 28% revolving credit line utilization CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 40 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS2860: Good credit history - Clayton Comments: deep credit file with all accts. paid as agreed. No collection, judgements, BK. | ||
| 304634095 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | 1/15/2025 Client provided an approved exception for missing T.42.1 Title Endorsement. | Initial and final grade B. | (No Data) | Not Applicable | CFCFS5269: Minimal use of credit - Clayton Comments: 28% revolving credit line utilization CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 40 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS2860: Good credit history - Clayton Comments: deep credit file with all accts. paid as agreed. No collection, judgements, BK. | ||
| 304634094 | XXXXXX | XXXXXX | KS | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 42% below guideline requirements of 90% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 34.67% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 20 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 33 years | |||||||||||||||||
| 304634092 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 74.97% LTV below guideline requirements of 85.00% per program. CFCFS1744: DTI below guideline requirement - Clayton Comments: 31.45% DTI is below guideline requirement of 45.00%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 30+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 6 years and 5 months | |||||||||||||||||
| 304634091 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 741 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 10 years at current job. | |||||||||||||||||
| 304634090 | XXXXXX | XXXXXX | FL | QM: Rebuttable Presumption (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 31 years at current job CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 68.14% below guideline requirements 75.00%. | |||||||||||||||||
| 304634089 | XXXXXX | XXXXXX | OK | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has resided at current residence for 16.70 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The CLTV of 61.00% is 14.00% < maximum CLTV of 75.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers median credit score of 773 is 113 more points than minimum required score of 660. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower has positive mortgage history of 45/22 months @ 0 x 30. CFCFS1744: DTI below guideline requirement - Clayton Comments: The back end DTI of 34.45% is 10.55% < maximum DTI of 45.00%. | |||||||||||||||||
| 304634088 | XXXXXX | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Satisfied | C | A | C | A | CMPTXHE108 | TX Equity - Total fees greater than the allowable cap | No | Adjusted Charges$X,XXX.XX Total Loan Amount$XXX,XXX.XX Maximum Charges %X.XXX% Maximum Charges$X,XXX.XXCharges Margin to Threshold$XX.XX Total Charges %X.XXX%Exceeds fees test threshold?Yes | 01/15/2025 Client provided a Collaborate Comment reflecting that the Borrower is paying points to lower the Interest Rate. Condition remains. Provide evidence of the Undiscounted rate for testing. Additional conditions may apply. 01/16/2025 Client provided the Undiscounted rate for testing. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 35 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 30 years.` | ||
| 304634088 | XXXXXX | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Texas Equity : Missing T.42 Title Endorsement | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 35 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 30 years.` | ||
| 304634088 | XXXXXX | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Texas Equity : Missing T.42.1 Title Endorsement | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 35 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 30 years.` | ||
| 304637039 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 41% CLTV is 44% below the maximum 85% guideline requirement. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The 735 credit score exceeds the guideline minimum credit score requirement of 660 by 75 points. | |||||||||||||||||
| 304634087 | XXXXXX | XXXXXX | LA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 17.5 years current job time CFCFS2854: Significant time in profession - Clayton Comments: B1 has 25 years in same line of work/profession CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 62 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. | |||||||||||||||||
| 304634085 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have owned the subject property for 23 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-borrower has been with current employer since 5/15/2017. CFCFS1744: DTI below guideline requirement - Clayton Comments: 34.78% DTI is below the maximum allowed DTI of 45%. | |||||||||||||||||
| 304634084 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | A | A | A | A | D | B | D | B | A | A | A | A | D | B | Compliance | Compliance Manual | Satisfied | D | B | D | B | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/22/2025 Client provided a collaborate comment: Unable to provide documentation for Non-borrowing spouse received CD 3 days prior. Please satisfy with final grade B. (Non-borrowing spouse did not open the document, which was electronically sent.) | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 44 month mortgage payment history exceeds the guideline minimum requirement of 12 months by 32 months. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 10 years 6 months. | ||
| 304637037 | XXXXXX | XXXXXX | NV | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Application | Satisfied | D | A | D | A | CRDAPP4625 | The orig file does not contain a third party fraud report | No | Missing complete DRIVE report. File only has the first 3 pages. | 1.30.2025 Client provided full complete copy of Fraud Report | Condition satisfied | Not Applicable | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x36 mortgage payment history exceeds guideline of 0x30x12. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower 18 years at current residence. | ||
| 304435952 | XXXXXX | XXXXXX | WA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 10/08/24 Client provided the Tracking for the NBS. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same line of work for 10 Years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 69.61% is below maximum allowed of 80%. | ||
| 304435952 | XXXXXX | XXXXXX | WA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Lender provided QM worksheet but it did not indicate a status. Clayton determination is rebuttable. | 10/09/2024 client provided XXX report reflecting QM:RP. | Condition satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same line of work for 10 Years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 69.61% is below maximum allowed of 80%. | ||
| 304435950 | XXXXXX | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have owned subject property for 7 years and 8 months. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 715 credit score exceeds guideline minimum of 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrowers have paid mortgages 0x30 for 100 months. | |||||||||||||||||
| 304634083 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 746 exceeds guide lines. CFCFS1737: LTV below guideline requirements - Clayton Comments: CTV 41.92% is below lender's guide line maximum of 80%. | |||||||||||||||||
| 304634082 | XXXXXX | XXXXXX | IL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 23.8 years current job time. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 56 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS2854: Significant time in profession - Clayton Comments: 23.8 years in same line of work/profession. | |||||||||||||||||
| 304634081 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 66% CLTV is 9% below the maximum guideline requirement of 75%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 7 years 7 months. | |||||||||||||||||
| 304634080 | XXXXXX | XXXXXX | NE | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 798 exceeds guidelines 760. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 28.65% below guideline requirement 45.00%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 54.21% below guideline requirements 90.00%. | |||||||||||||||||
| 304634079 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 774 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 42.31 DTI below guideline of 45. | |||||||||||||||||
| 304634078 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 30+ years on current job. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 62.03 is less than the max of 80. | |||||||||||||||||
| 304634076 | XXXXXX | XXXXXX | WA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 35.00 below guideline requirement CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for >7 months. | |||||||||||||||||
| 304634075 | XXXXXX | XXXXXX | KS | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 753 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 39.84 DTI below guideline of 45. | |||||||||||||||||
| 304634074 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 75%. Loan LTV is 58.65%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 686. | |||||||||||||||||
| 304634073 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 770 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 37.99% DTI below guideline of 45%. | |||||||||||||||||
| 304634071 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Loan declared QM Safe Harbor (APOR) from lender/client; Clayton status is NONQM due to fees too high (adjusted charges are $5,898.00, max allowed is $5,790.06; $107.94 too high). | 1.27.2025 Client provided Split Fee worksheet, fees re-tested. QM Safe Harbor | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 85%. Loan LTV is 74.34%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 680. Loan credit score is 754. | ||
| 304435947 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 25.70 is well below guideline threshold of 70.00. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 10 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for 15 years. | |||||||||||||||||
| 304435945 | XXXXXX | XXXXXX | NC | QM: Rebuttable Presumption | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower's credit score of 754 exceeds the minimum required credit score of 700 by 54 points. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The total verified mortgage payment history of 41 months exceeds the minimum required 12 months by 29 months. | |||||||||||||||||
| 304435944 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: Max DTI 45%, Current DTI 40% CFCFS2860: Good credit history - Clayton Comments: Borrower has no history of late payments CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 12 month payment history required, 27 months in file. | |||||||||||||||||
| 304435943 | XXXXXX | XXXXXX | MI | QM: Rebuttable Presumption | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: Low DTI 29 % CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 12 Years at Current Residence CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 12 Years at Current Residence | |||||||||||||||||
| 304435941 | XXXXXX | XXXXXX | IL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | QM worksheet present but did not indicate a QM status. Clayton's QM status is rebuttable due to points and fees | 10.8.2024 Client provided XXX w/QM Rebuttable Presumption | Condition satisfied | (No Data) | Not Applicable | CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrowers have recent combined mortgage history of 62 months paid as agreed which is 52 months more than the minimum 12 months required per the program guidelines. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have lived at current residence for over 10years which exceeds the minimum 6month requirement per the program guidelines by 9yrs and 6 months. | ||
| 304634069 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 774 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 31.69% DTI below guideline of 45%. | |||||||||||||||||
| 304637036 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 55.62% below guideline requirements 80.00%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 23 years at current job. | |||||||||||||||||
| 304435940 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Provide the lender's QM determination | 10.4.2024 Client provided XXX w/No QM status. Condition remains for XXX w/Lender QM Status DD Firm status is QM Safe Harbor 10.8.2024 Client provided XXX w/QM Safe Harbor | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 42% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 63 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 37.23% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 20 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 30 years | ||
| 304634068 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 14 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for 42 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been in current residence for 29 years. | |||||||||||||||||
| 304435939 | XXXXXX | XXXXXX | CA | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 7.7 years current job time CFCFS2854: Significant time in profession - Clayton Comments: 20.9 years in same line of work/profession CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 25 mos. mtg. payment history exceeds min. guideline requirement of 12 mos. | |||||||||||||||||
| 304634067 | XXXXXX | XXXXXX | NC | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/22/2025 Client provided a Disclosure history reflecting CD was sent via XXX on 12/31. Mail Rule Applies. #days for delivery and 3 day waiting period allowing for earliest closing1/8. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS5269: Minimal use of credit - Clayton Comments: Revolving credit line use at 36%, 64% available CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 12 Years | ||
| 304435937 | XXXXXX | XXXXXX | MD | QM: Rebuttable Presumption | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: A total of 41 months of paid as agreed mortgage history exceeds the minimum requirement of 12 months by 29 months. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 9 years and 8 months which exceeds the minimum 2 year requirement by 7 years and 8 months. | |||||||||||||||||
| 304435936 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Please provide evidence that borrower acknowledged receipt of CD 3 days prior to consummation date of XXX | 10/15/2024 Client provided XXX for Borrower reflecting CD was sent on 9/23 and viewed on 9/24. Condition Remains. Provide evidence of 2nd Borrowers receipt for Initial CD 9/23.10/16/2024 Client requested re-review. 2nd Borrowers Acknowledgement of receipt is on the XXX provided earlier as viewed on 9/23. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 30 Years CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 50.98% is below maximum allowed of 80% | ||
| 304435935 | XXXXXX | XXXXXX | GA | QM: Safe Harbor | QM: Safe Harbor (APOR) | D | A | A | A | C | A | D | A | D | A | A | A | C | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Borrower Acknowledged receipt of Initial CD 09/18/2024 on 09/18/2024. Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 10/14/24 Client provided tracking confirming initial CD was mailed to NBS. Mailing rule was applied, CD was delivered timely. Condition satisfied | Condition satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job with 7.10 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is below guideline requirement at 27.65% with a max DTI of 45%. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guideline requirements at 53.81% with a max LTV of 75%. | ||
| 304435935 | XXXXXX | XXXXXX | GA | QM: Safe Harbor | QM: Safe Harbor (APOR) | D | A | A | A | C | A | D | A | D | A | A | A | C | A | D | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2698 | RESPA - List of homeowners counseling organizations not in file | No | Missing RESPA List of homeowners counseling organizations dated within 3 days of the application dated 09/05/2024. | 10/14/24 Client provided HOLC list dated 9/5/24.Condition satisfied | Condition satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job with 7.10 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is below guideline requirement at 27.65% with a max DTI of 45%. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guideline requirements at 53.81% with a max LTV of 75%. | ||
| 304435935 | XXXXXX | XXXXXX | GA | QM: Safe Harbor | QM: Safe Harbor (APOR) | D | A | A | A | C | A | D | A | D | A | A | A | C | A | D | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA217 | Natural Disaster Area, no subsequent inspection (Individual) | No | Natural disaster area, no subsequent inspection (Individual).FEMA Declaration #XXXX dated XX/XX/XXXX, effective 12/31/2099 for XXX | 10/16/2024 client provided a post disaster inspection reflecting no damage. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job with 7.10 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is below guideline requirement at 27.65% with a max DTI of 45%. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guideline requirements at 53.81% with a max LTV of 75%. | ||
| 304435934 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 57% is 13% below the maximum allowed CLTV of 70% per the program guidelines. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 43 months of verified paid as agreed mortgage history exceeds the 12 month minimum requirement by 31 months. | |||||||||||||||||
| 304637032 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x28 exceeds mortgage history guidelines. CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession, 28 years. | |||||||||||||||||
| 304435933 | XXXXXX | XXXXXX | MO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide the Initial CD with confirmation of borrower receipt at least 3 business days prior to consummation. Additional conditions may apply.Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. | 10/07/2024 Client provided XXX for both Reflecting CD was sent 9/13 and viewed on 9/15. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job with 17.8 years. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Consumer credit history exceeds guidelines with no late payments reported on credit bureau dated 08/13/2024. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guideline requirements at 66.925% with a max LTV of 75%. | ||
| 304435931 | XXXXXX | XXXXXX | KY | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 12 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for 14 years. | |||||||||||||||||
| 304637031 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 70% CLTV is 15% below the maximum CLTV allowed of 85%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 724 credit score exceeds the guideline minimum credit score of 660 by 64 points. | |||||||||||||||||
| 304435928 | XXXXXX | XXXXXX | IL | Non-QM: Lender documented all ATR UW factors | QM: Rebuttable Presumption (APOR) | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide the Initial CD 9/16/24 with confirmation of borrower receipt at least 3 business days prior to consummation. Additional conditions may applyProvide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. | 10/07/2024 Client provided a XXX for the Non Borrower reflecting the CD was sent and viewed on 9/16. Condition remains for evidence of the Borrowers receipt minimum of 3 days prior to closing. 10/08/2024 Client provided a XXX for the Borrower reflecting CD was sent and viewed on 9/16. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1739: Positive mortgage payment history - Clayton Comments: Mortgage Payment history 0 X 30 over 34 months CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 23 Years | ||
| 304435928 | XXXXXX | XXXXXX | IL | Non-QM: Lender documented all ATR UW factors | QM: Rebuttable Presumption (APOR) | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Credit | Application | Satisfied | D | A | D | A | CRDAPP4625 | The orig file does not contain a third party fraud report | No | Missing a Fraud Report | 10.9.2024 Client provided Fraud Report | Condition satisfied | Not Applicable | Not Applicable | CFCFS1739: Positive mortgage payment history - Clayton Comments: Mortgage Payment history 0 X 30 over 34 months CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 23 Years | ||
| 304637030 | XXXXXX | XXXXXX | UT | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been owning the property for 8 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has > 12 years at current job | |||||||||||||||||
| 304634066 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 733 exceeds guideline. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been on current job for 19 years. | |||||||||||||||||
| 304637029 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 6 years and 1 month CFCFS1737: LTV below guideline requirements - Clayton Comments: 75.09% LTV below guideline requirements of 90.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 798 is 98 points above program guideline minimum of 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 40+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304634064 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA181 | Natural Disaster Area, inspection indicates damage (Individual & Public) | No | Natural Disaster Area, inspection indicates damage | 10.28.2024 Client provided Post Close Disaster inspection dated 10.26.2024 with $1,000 - $10,000 damage along with exterior photos. 1.17.2025 Client provided post disaster inspection dated 1.15.2025 with no damage along with exterior photos and appear minor roof damage from prior report have been fixed, current updated photos reflect no roof damage. | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 8 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 24 years and 3 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 60.57% LTV below guideline requirements of 80.00% per program. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 58 months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | ||
| 304634064 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA4817 | Natural Disaster Area, Subseq inspect prior to Disaster (Individual & Public) | No | FEMA disaster effective date of 12/31/99. A post disaster inspection report is required. | 10.28.2024 Client provided Post Close Disaster inspection dated 10.26.2024 with $1,000 - $10,000 damage along with exterior photos. Condition remains 1.17.2025 Client provided post disaster inspection dated 1.15.2025 with no damage along with exterior photos and appear minor roof damage from prior report have been fixed, current updated photos reflect no roof damage. | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 8 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 24 years and 3 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 60.57% LTV below guideline requirements of 80.00% per program. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 58 months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | ||
| 304634063 | XXXXXX | XXXXXX | VA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 754 is 54 points above program guideline minimum of 700. CFCFS1737: LTV below guideline requirements - Clayton Comments: 79.01% LTV below guideline requirements of 85.00% per program. CFCFS1744: DTI below guideline requirement - Clayton Comments: 15.58% DTI is below guideline requirement of 45.00%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304637028 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 40% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 41 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 13 years | |||||||||||||||||
| 304637027 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | D | A | D | A | CMPSTCP2057 | Illinois Pred Lend Database - No Cert of Compliance or Cert of Exemption in file | No | Missing Illinois Cert of Compliance or Cert of Exemption. | 02/032025 Client provided missing Illinois Pred Lend Database - Cert of Compliance. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 10.4 years current job time CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 38.57% is below max allowable per guides of 45% CFCFS2854: Significant time in profession - Clayton Comments: B1 has 10.4 years in same line of work/profession | ||
| 304637026 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 47.39% below guideline requirements 75.00%. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property > 10 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 33.75% below guideline requirement 45.00%. | |||||||||||||||||
| 304634062 | XXXXXX | XXXXXX | CT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 57% below guideline requirements of 75% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 71 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 27.92% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 8.08 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession for B2 of 10.08 years | |||||||||||||||||
| 304634061 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 9.5 years current job time CFCFS1736: Significant time at current residence - Clayton Comments: 9 years current residence time CFCFS2854: Significant time in profession - Clayton Comments: CB has 18 years in same line of work/profession | |||||||||||||||||
| 304634060 | XXXXXX | XXXXXX | DC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been at current residence for 30 Years. CFCFS1739: Positive mortgage payment history - Clayton Comments: Mortgage Payment history 0 X 30 over 40 months. | |||||||||||||||||
| 304634059 | XXXXXX | XXXXXX | UT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers median credit score of 762 is 102 more points than minimum required score of 660. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrowers' have positive mortgage history of 29/24 months @ 0 x 30. | |||||||||||||||||
| 304634058 | XXXXXX | XXXXXX | MN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been in current residence for 21.5 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower at current job for 22.1 years. | |||||||||||||||||
| 304634057 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 774 exceeds guidelines CFCFS1737: LTV below guideline requirements - Clayton Comments: 53.88% CLTV below guideline requirements. Max CLTV 90.00% CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 34.57% below guideline requirement CFCFS1749: Additional documented income not used in qualifying - Clayton Comments: Additional documented income (Bonus) not used in qualifying | |||||||||||||||||
| 304634056 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have owned the subject property for 23 years 7 months. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been XXX with current business since 10/29/2005. CFCFS1737: LTV below guideline requirements - Clayton Comments: 59.84% CLTV is 20.16% below the maximum allowable CLTV of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 710 is 30 points above the minimum required score of 680. | |||||||||||||||||
| 304435923 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Missing XXX in file to verify Lender's ATR/QM status determination | 10.8.2024 Client provided XXX w/QM Safe Harbor | Condition satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 21 years and 11 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 69.28% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 777 is 117 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 48+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | ||
| 304435923 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Missing Divorce Decree, Bank Statement or other documents to confirm B1's income from Child Support. | 10.7.2024 Client provided copy of Divorce Decree supporting borrower receiving monthly child support of $XXX.XX which is being used for qualifying. Condition remains for evidence of receipt of monthly Child support of $XXX.XX, documentation to support per guidelines requirement. 10.8.2024 Client provided 12 months bank statements verifying receipt of monthly payments of child support | Condition satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 21 years and 11 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 69.28% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 777 is 117 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 48+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | ||
| 304637024 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | B | A | A | A | C | B | C | B | B | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | $200.40 Zero Tolerance due to decrease in Lender Credit from $374.00 to $173.60 on CD 1/2, without a valid Change in Circumstance (CIC). Requires CIC, or corrected PCCD, copy of refund check, LOX and verification of shipping. | 02/04/2025 Client provided PCCD 2/3 with Principal Reduction, LOE and Loan Transaction History reflecting payment applied. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 29.10% below guideline requirement. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence 8 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job, 8 years 2 months. | ||
| 304637024 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | B | A | A | A | C | B | C | B | B | A | A | A | C | B | Credit | Credit/Mtg History | Satisfied | B | A | B | A | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | Missing document UDM which shows a new debt (per Lender XXX comments pg 388), and missing evidence of payment being used. | 1.21.2025 Client provided undisclosed debt verification w/XXX payment $XXX and balance $XX,XXX | Condition satisfied | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 29.10% below guideline requirement. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence 8 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job, 8 years 2 months. | ||
| 304634054 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP4384 | MI Home Loan - Michigan Home Loan Toolkit is not timely | No | MI Home Loan - Michigan Home Loan Toolkit is not timely | 01/22/2025 Client provided Combined Disclosure list reflecting Tool kit was disclosed on 12/04. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 680. Loan credit score is 702. CFCFS1744: DTI below guideline requirement - Clayton Comments: Maximum DTI allowed is 45%. Loan DTI is 30.36%. | ||
| 304435920 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL100 | Potential title issue | No | The title report and 1st mortgage property is listed as PUD. The appraisal report and the 2nd mortgage does not have a PUD rider and PUD is not completed on appraisal. Need verification if property is PUD. | 9.25.2024 Client provided updated executed Deed of Trust along with executed PUD Rider attached to Mortgage. Condition remains (1). updated appraisal to reflect as PUD along with monthly HOA and (2). Provide LOX stating Deed of Trust is being sent for re-recording. 10.3.2024 Client provided updated appraisal with reflecting as PUD along with monthly HOA. Condition remains for Client LOX on Letterhead stating Deed of Trust is or have been sent for re-recording. 10.8.2024 Client provided LOX Letterhead stating intent is to inform you that mortgage will have the mortgage re-recorded to add the PUD Rider. LOX is dated October 7, 2023 (typo year should be 2024) | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 801 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 30.17% is 49.83 points above the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x43 exceeds mortgage history guidelines. | ||
| 304634051 | XXXXXX | XXXXXX | NY | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 65.09% max per guidelines is 75%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 35.47% max per guidelines is 45%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 6 years. | |||||||||||||||||
| 304634050 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/16/2025 Client provided XXX for both reflecting CD sent 12/16 and completed on 12/18. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 10.11 years current job time. CFCFS5269: Minimal use of credit - Clayton Comments: 3.00% revolving credit line utilization. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 31.87% is below max allowable per guidelines of 45%. | ||
| 304634050 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Credit | DTI | Satisfied | D | A | D | A | CRDDTI2540 | Missing verification of some or all components of non-subject PITI | No | Missing proof of no HOA dues for property located at: XXXXX XXXXXXX XXXX XXXX, XXXXX, XX. | 1.14.2025 Client provided LOX stating, We are not required to look up all additional REO's to determine if there is HOA dues. if something indicated there could be, we would ask. Response, when providing PITIA payment for any properties, should also include an LOX from borrower stating no monthly HOA or any documentation to support no HOA, normally an LOX from borrower is provided in/for loan file. Accepting assuming no HOA on this property, with low DTI and 1st lien (on 2nd Home) is with current Lender. | Condition satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 10.11 years current job time. CFCFS5269: Minimal use of credit - Clayton Comments: 3.00% revolving credit line utilization. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 31.87% is below max allowable per guidelines of 45%. | ||
| 304637022 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP1307 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan), not dated | No | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan), not dated | 02/05/2025 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan) dated 1/8. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS5269: Minimal use of credit - Clayton Comments: 24% revolving credit line utilization CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 45 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS1734: Borrower has significant time at current job - Clayton Comments: 7 years current job time | ||
| 304637022 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP1319 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost), not dated | No | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost), not dated | 02/05/2025 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost) dated 1/8. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS5269: Minimal use of credit - Clayton Comments: 24% revolving credit line utilization CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 45 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS1734: Borrower has significant time at current job - Clayton Comments: 7 years current job time | ||
| 304637022 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | D | A | D | A | CMPSTCP1297 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan), not in file | No | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan), not in file | 02/05/2025 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan) dated 1/8. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS5269: Minimal use of credit - Clayton Comments: 24% revolving credit line utilization CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 45 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS1734: Borrower has significant time at current job - Clayton Comments: 7 years current job time | ||
| 304637022 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | D | A | D | A | CMPSTCP1309 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost), not in file | No | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost), not in file | 02/05/2025 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost) dated 1/8. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS5269: Minimal use of credit - Clayton Comments: 24% revolving credit line utilization CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 45 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS1734: Borrower has significant time at current job - Clayton Comments: 7 years current job time | ||
| 304435914 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 690 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 45.99% is 29.01 points below the guideline program minimum. CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession, 14 years. | |||||||||||||||||
| 304634049 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 29 years, 10 months at current job. CFCFS1734: Borrower has significant time at current job - Clayton Comments: 18 years, 1 month at current job. CFCFS1737: LTV below guideline requirements - Clayton Comments: 59.98% CLTV; 80% max allowed. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 743 qualifying score; 700 required. | |||||||||||||||||
| 304637020 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 798 exceeds guidelines 760 CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 33.10% below guideline requirement 45.00% CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 63.55% below guideline requirements 90.00% | |||||||||||||||||
| 304435912 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 83 points higher than 700 min CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 51.19% lower than 80% max | |||||||||||||||||
| 304637019 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 690 exceeds guide lines. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 58.11% is below lender's guide line maximum of 75%. | |||||||||||||||||
| 304637018 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS5269: Minimal use of credit - Clayton Comments: 32% revolving credit line utilization CFCFS2860: Good credit history - Clayton Comments: deep credit file with all accts. paid as agreed. No collections, judgements, public records | |||||||||||||||||
| 304634043 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower been at current residence for 11 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 9 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower FICO score is 792 max per guidelines is 760. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 20.51% max per guidelines is 45%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 34.72% max per guidelines is 90%. | |||||||||||||||||
| 304634041 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 5 years and 3 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: 79.76% LTV below guideline requirements of 85.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 732 is 32 points above program guideline minimum of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: 39.53% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304634039 | XXXXXX | XXXXXX | SC | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Application | Satisfied | D | A | D | A | CRDAPP3822 | Missing or incomplete documentation related to citizenship/residency | No | B2 on its final application did not indicate a citizenship status (US citizen, Perm Resident or Non Permanent Resident) Please provide updated 1003 with correct information and supporting documentation is required. | 1.15.2025 Client provided Final 1003 for B2 however 1st page still reflect blank (unchecked) Citizenship boxes, condition remains 1.27.2025 Client provided updated 1003 for B2 with Citizenship US Citizen | Condition satisfied | (No Data) | Not Applicable | CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 7.11 years current job time CFCFS1736: Significant time at current residence - Clayton Comments: 5.1 yrs. current residence time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 58 mos. mtg. payment history exceeds min. guideline requirement of 12 mos. | ||
| 304435908 | XXXXXX | XXXXXX | DC | QM: Rebuttable Presumption (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Lender provided a QM worksheet but it did not indicate a QM status. | 10.8.2024 Client provided XXX w/QM Rebuttable Presumption | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 750 FICO exceeds guideline of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: 41.68 DTI below guideline of 45. | ||
| 304435907 | XXXXXX | XXXXXX | CO | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been owning the property >13 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 738 exceeds guidelines 700. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 74.63% below guideline requirements 80.00% | |||||||||||||||||
| 304634037 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance due to Transfer tax increase from Initial CD 12/03/24 $429 to revised CD 12/16/24 $1438.80 COC issued does not list fee amount or give details as to why fee increased. No cure provided on borrower final CD prior to close. Condition pending receipt detailed COC with fee increase validated or Post CD reflecting lenders cure, LOX, Refund of $1009.80 w/ Proof of Delivery. | 01/16/2025 Client provided PCCD 1/15 with Principal Reduction, LOE and loan transaction history reflecting payment applied. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 736 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 38.88 DTI below guideline of 45. | ||
| 304634036 | XXXXXX | XXXXXX | NE | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | C | A | C | A | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | Missing documentation confirming subject property is exempt from property taxes. | 1.22.2025 Client provided copy of subject tax bill $0 and last paid taxes in 2006 and LOX stating, there is no tax for 2024 and that the borrower has not had to pay taxes on the property since 2006. | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 691 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 41.64 DTI below guideline of 45. | ||
| 304634035 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 17.2 years current job time CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 16.11 years current job time CFCFS1736: Significant time at current residence - Clayton Comments: 10.8 years current residence time | |||||||||||||||||
| 304435905 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 5 years and 1 month CFCFS1737: LTV below guideline requirements - Clayton Comments: 52.70% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 785 is 125 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 50+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304634034 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 47 month mortgage payment history exceeds the 12 month minimum guideline requirement by 35 months. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The 682 credit score exceeds the guideline minimum credit score of 660 by 22 points. | |||||||||||||||||
| 304435904 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The credit score of 801 exceeds the program minimum required FICO of 700 by 101 points. CFCFS1737: LTV below guideline requirements - Clayton Comments: The CLTV of 39% is 41% below the maximum CLTV allowed of 80%. | |||||||||||||||||
| 304634033 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/15/2025 Client provided Disclosure tracking reflecting CD sent via XXX 2/18. 3 days for delivery and 3 day waiting period makes earliest closing date 12/25. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 30.63% below guideline requirement 45.00%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 67.54% below guideline requirements 85.00%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 15 years time at current job | ||
| 304435901 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has resided at current residence for 14 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has worked for present employer for 20 years CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0 x 30 in 58 months exceeds 12 months | |||||||||||||||||
| 304634032 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | DTI | Satisfied | D | A | D | A | CRDDTI2540 | Missing verification of some or all components of non-subject PITI | No | Missing proof no HOA dues for property located at: XXX | 1.10.2025 Client provided XXX verifying monthly HOA of $80.00 on property: XXX and provided updated 1008 including $80.00 in DTI | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 15.1 years current residence time CFCFS1734: Borrower has significant time at current job - Clayton Comments: 23 years current job time CFCFS2854: Significant time in profession - Clayton Comments: B1 has 27.10 years in same line of work/profession | ||
| 304634031 | XXXXXX | XXXXXX | MI | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2700 | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | No | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | 01/15/2025 Client provided the missing List of homeowners counseling organizations dated 12/9. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 713 FICO exceeds guideline of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: 40.54 DTI below guideline of 45. | ||
| 304634031 | XXXXXX | XXXXXX | MI | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP4384 | MI Home Loan - Michigan Home Loan Toolkit is not timely | No | MI Home Loan - Michigan Home Loan Toolkit is not timely | 01/16/2025 Client provided combined disclosures acknowledging receipt of the toolkit 12/9. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 713 FICO exceeds guideline of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: 40.54 DTI below guideline of 45. | ||
| 304435899 | XXXXXX | XXXXXX | WI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The credit score of 770 exceeds the minimum required credit score of 700 by 70 points. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 60% is 20% below the maximum CLTV of 80%. | |||||||||||||||||
| 304349314 | XXXXXX | XXXXXX | IL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Lenders ATR determination reflects RP Claytons conclusion Non QM | Client provided Split Fee worksheet, fees update. XXX Report in file reflects QM Rebuttable Presumption and DD firm status is Rebuttable Presumption. Condition satisfied | Satisfied | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 40% is below the guideline maximum of 45% CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 71% is below the guideline maximum of 80% CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has been employed at her current job for 9 years. | ||
| 304349314 | XXXXXX | XXXXXX | IL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Federal Higher-Priced | Satisfied | C | A | C | A | CMPFDHP2948 | Federal Higher-priced mortgage loan - Appraisal does not meet HPML standards | No | File only contains and AVM. | Client provided Split Fee worksheet, fees update. XXX Report in file reflects QM Rebuttable and DD firm status is Rebuttable Presumption. Condition satisfied | Condition satisfied | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 40% is below the guideline maximum of 45% CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 71% is below the guideline maximum of 80% CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has been employed at her current job for 9 years. | ||
| 304349314 | XXXXXX | XXXXXX | IL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Section 32 | Satisfied | C | A | C | A | CMPS32371 | Section 32 Loan per Points and Fees Test | No | Provide split fee to determine fees paid by provider or affiliate | 05/07/24 Client provided the Fee Split worksheet. Re-testing results in no violation. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 40% is below the guideline maximum of 45% CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 71% is below the guideline maximum of 80% CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has been employed at her current job for 9 years. | ||
| 304349314 | XXXXXX | XXXXXX | IL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | State High Cost | Satisfied | C | A | C | A | CMPSTHC308 | IL High-Cost Loan by exceeding point and fee threshold | No | IL High-Cost Loan by exceeding point and fee threshold due to adjusted charges of $2445.03 exceeds IL threshold of $2373.68. | 05/07/24 Client provided the Fee Split worksheet. Re-testing results in no violation. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 40% is below the guideline maximum of 45% CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 71% is below the guideline maximum of 80% CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has been employed at her current job for 9 years. | ||
| 304634029 | XXXXXX | XXXXXX | IN | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: B1 has 8.2 years in same line of work/profession CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 59 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. | |||||||||||||||||
| 304435896 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 55 months of mortgage history verified as paid as agreed exceeds the 12 month mortgage history required per the program guidelines by 43 months. CFCFS1745: Significant total monthly debt reduction - Clayton Comments: Loan proceeds are paying off mostly all debt and reducing monthly outflow by approximately $2600 improving thee borrower's overall ability to repay. | |||||||||||||||||
| 304634028 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 75%. Loan LTV is 69.39%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 687. | |||||||||||||||||
| 304435892 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 54.89 is well below guideline threshold of 70.00. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 30 years. | |||||||||||||||||
| 304435891 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 11.2 years current job time CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 11.1 years current job time CFCFS5269: Minimal use of credit - Clayton Comments: 26% revolving credit utilization | |||||||||||||||||
| 304435889 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 28.7 is well below guideline threshold of 45. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying credit score of 760 is well above guideline threshold of 660. | |||||||||||||||||
| 304634025 | XXXXXX | XXXXXX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2642 | Missing proof that HELOC has been paid and closed to future draws | No | Missing payoff and close letter for XXX HELOC paid as close $52,070.33 | 1.22.2025 Client provided executed by borrowers requesting closure of HELOC w/XXX | Condition satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: 29.1 years in same line of work/profession CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 41 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. | ||
| 304634023 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x59 exceeds mortgage history guidelines. CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession, 13 years. | |||||||||||||||||
| 304435888 | XXXXXX | XXXXXX | IL | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 50 months exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 30.03% below guideline requirement of 45%. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5.5 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 15 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 7 years. | |||||||||||||||||
| 304634019 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 61.86% LTV below guideline requirements of 90.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 764 is 104 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304634017 | XXXXXX | XXXXXX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 90%. Loan LTV is 72.18%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 765. | |||||||||||||||||
| 304634016 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 11 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 64.73% LTV below guideline requirements of 75.00% per program. CFCFS1744: DTI below guideline requirement - Clayton Comments: 25.36% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304634015 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 9 years and 10 months. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 7 years and 8 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 47.41% LTV below guideline requirements of 90.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 793 is 133 points above program guideline minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 24.15% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304637014 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 9 years current residence time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 99 mos. mtg. payment history review exceeds guideline min. requirement of 12 mos. | |||||||||||||||||
| 304634012 | XXXXXX | XXXXXX | NH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: 5 years in same line of work/profession CFCFS5269: Minimal use of credit - Clayton Comments: 6.00% revolving credit line utilization CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 22 mos. mtg. payment history exceeds min. guideline requirement of 12 mos. | |||||||||||||||||
| 304435882 | XXXXXX | XXXXXX | OH | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | OH CSPA; Home Mortgage Information Document not provided | 10/09/2024 Client provided missing OH CSPA; Home Mortgage Information Document with acknowledgement disclosure dated 7/23. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 17 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 26 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower FICO score is 715 max per guidelines is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 26.33% max per guidelines is 45%. | ||
| 304634011 | XXXXXX | XXXXXX | NY | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x43 mortgage payment history exceeds guideline of 0x30x12. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower at current job since 4/7/2003. | |||||||||||||||||
| 304435881 | XXXXXX | XXXXXX | VA | QM: Safe Harbor | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide documentation all titleholders received an accurate CD 3 business days prior to closing. | 10/15/2024 Client provided XXX for both reflecting CD sent and viewed on 9/30. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 24.88 is below lender's maximum of 43%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 6 years at current job. | ||
| 304435880 | XXXXXX | XXXXXX | ID | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The borrowers have occupied the subject property for 11 years 1 month. CFCFS1737: LTV below guideline requirements - Clayton Comments: The HCLTV is 68.16% and guidelines allow the HCLTV to be 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The lowest middle credit score is 715 and guidelines allow the credit score to be 700. | |||||||||||||||||
| 304637012 | XXXXXX | XXXXXX | GA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2698 | RESPA - List of homeowners counseling organizations not in file | No | Missing RESPA - List of homeowners counseling organizations. | 02/04/2025 Client provided the missing List of homeowners counseling organizations dated 11/21/2024. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS5269: Minimal use of credit - Clayton Comments: 14% revolving credit line utilization CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 38 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. | ||
| 304634010 | XXXXXX | XXXXXX | CT | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: At job since 2017 CFCFS1736: Significant time at current residence - Clayton Comments: 7 + years at residence CFCFS1737: LTV below guideline requirements - Clayton Comments: 66.24% CLTV | |||||||||||||||||
| 304435878 | XXXXXX | XXXXXX | AL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | C | A | C | A | C | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide documentation both borrower and non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 10/14/24 Client provided XXX tracking for both title holders confirming receipt of initial CD 9/23/24.Condition satisfied | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 669 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 34.40 DTI below guideline of 45. | ||
| 304435878 | XXXXXX | XXXXXX | AL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | C | A | C | A | C | A | A | A | C | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL100 | Potential title issue | No | Missing evidence that the judgment showing on the Current Owner Search Report has been cleared. | 10/15/2024 client provided updated title reflecting no Judgments. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 669 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 34.40 DTI below guideline of 45. | ||
| 304634007 | XXXXXX | XXXXXX | AK | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/17/2025 Client provided XXX for both reflecting CD sent and completed on 12/23. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 67.87 is less than max of 75. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 40.23 is less than 45. | ||
| 304435876 | XXXXXX | XXXXXX | UT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been owning the property>18 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 726 exceeds guidelines 700. | |||||||||||||||||
| 304634006 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower at current job for 14.1 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has been at current job for 14.11 years. | |||||||||||||||||
| 304634003 | XXXXXX | XXXXXX | WI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 703 FICO exceeds guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 42.46 DTI below guideline of 45. | |||||||||||||||||
| 304637011 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 35% below guideline requirements of 75% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 40 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 39.02% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 11.8 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 18.25 years | |||||||||||||||||
| 304634000 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been at current residence for 19 Years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has been with current Employer for 10 Years | |||||||||||||||||
| 304435874 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3604 | TRID - Error discovered on Closing Disclosure | No | Correction is required to Borrower Name on Initial CD 9/12/2024. Borrower name disclosed as AK XXX instead of XXX | 10/14/24 Client confirmed borrower's name was corrected on final CD, condition satisfied | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 69.15% LTV below guideline requirements of 80.00% per program. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 8 years and 4 months CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 733 is 73 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 39.13% DTI is below guideline requirement of 45.00%. | ||
| 304435874 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance fees in the amount of $623.00 as Title Fees were added to LE 9/6/2024 without a valid COC in file. Condition pending receiving a valid Change of Circumstances or Post CD reflecting lenders cure, LOX, a copy of refund and proof of delivery via shipping that includes tracking information. | 10/14/24 Client provided a valid COC 9/3/24 for title fees being added/increased. Condition is satisfied | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 69.15% LTV below guideline requirements of 80.00% per program. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 8 years and 4 months CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 733 is 73 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 39.13% DTI is below guideline requirement of 45.00%. | ||
| 304435872 | XXXXXX | XXXXXX | VA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Clayton status reflect QM status as QM Rebuttable Presumption (APOR). Lender reflects QM Safe Harbor APOR. The test APR is 9.981%, the benchmark APR is 6.090% resulting in a difference of 3.891%, max difference allowed is 3.50% | 10/08/2024 Client provided an updated XXX reflecting the QM status as Presumption of Compliance. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 6 years. | ||
| 304637010 | XXXXXX | XXXXXX | ME | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | Property | Satisfied | C | A | C | A | PRVAPROP179 | Condition of Subject Below Average | No | PCI report lists condition as "Fair". | 1.30.2025 Client provided LOX stating, UW response: fair condition is acceptable since it is minor deferred Maintenace and no significant deferred maint. Also no health or safety issues noted. Response, appears per photos Fair is due to minor deferred maintenance with no health or safety issues noted. | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 56% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 62 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5.33 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 12 years | ||
| 304633999 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP4385 | MI Home Loan - Cannot determine if MI Home Loan Toolkit was provided in a timely manner | No | MI Home Loan - Cannot determine if MI Home Loan Toolkit was provided in a timely manner | 01/30/2025 Client provided Initial Disclosures document reflecting Toolkit was received 12/28. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 38 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS5269: Minimal use of credit - Clayton Comments: 30% revolving credit utilization CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 35.45% is below ma allowable per guidelines of 45% | ||
| 304435870 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 13years which exceeds the program minimum of 2yrs by 11 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: 44% CLTV is 25% below CLTV allowed per the program guidelines of 80%. | |||||||||||||||||
| 304633998 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 6.9 years current residence time CFCFS5269: Minimal use of credit - Clayton Comments: 25% revolving credit line utilization CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 25 mos. mtg. payment history exceeds min. guideline requirement of 12 mos. | |||||||||||||||||
| 304633997 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x42 exceeds mortgage history guidelines. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 20 years. | |||||||||||||||||
| 304633996 | XXXXXX | XXXXXX | IN | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 6 years CFCFS1744: DTI below guideline requirement - Clayton Comments: 39.56% DTI is below guideline requirement of 45.00%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 0x30 for 36+ months | |||||||||||||||||
| 304435869 | XXXXXX | XXXXXX | NC | QM: Safe Harbor | QM: Safe Harbor (APOR) | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA4817 | Natural Disaster Area, Subseq inspect prior to Disaster (Individual & Public) | No | FEMA disaster effective date of 12/31/99. A post disaster inspection report is required. | 10.21.2024 Client provided Disaster inspection dated 10.8.2024 with no damage along with exterior photosCondition manually being satisfied due to Disaster ending date of 12.31.2099 and disaster effective/declaration date of 9.28.2024 with Disaster inspection date of 10.8.2024 | Condition satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 8 years and 9 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 8 years and 6 months. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job; 6 years and 9 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 60.20% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 795 is 135 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 40+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 30.38% DTI is below guideline requirement of 45.00%. | ||
| 304633995 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 90%. Loan LTV is 52.53%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 764. | |||||||||||||||||
| 304435868 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 756 FICO exceeds guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 25.47 DTI below guideline of 45. | |||||||||||||||||
| 304633994 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 20 years CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 34.74% max per guidelines is 45%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 74.72% max per guidelines is 85%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower FICO score is 756 max per guidelines is 720. | |||||||||||||||||
| 304633993 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 744 credit score exceeds the guideline minimum score of 660 by 84 points. CFCFS1744: DTI below guideline requirement - Clayton Comments: 25% DTI is 20% below the maximum guideline requirement of 45%. | |||||||||||||||||
| 304633992 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/15/2025 Client provided a XXX reflecting CD was sent to Non-Borrower on 10/30, resent and viewed on 10/31. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 755 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 8 years at current job. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 32.25% is below lender's guide lines maximum of 45%. | ||
| 304435866 | XXXXXX | XXXXXX | GA | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: No mortgage lates 80+ months CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 14.63% lower than 70% max | |||||||||||||||||
| 304637009 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 760 exceeds guide lines. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been living at current residence for 30 years. | |||||||||||||||||
| 304435864 | XXXXXX | XXXXXX | CT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 33.1 years current residence time CFCFS2854: Significant time in profession - Clayton Comments: 10.1 years in same line of work/profession CFCFS5269: Minimal use of credit - Clayton Comments: 9.00% revolving credit line utilization | |||||||||||||||||
| 304435863 | XXXXXX | XXXXXX | MD | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 10 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 66.32% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 733 is 73 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 53+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 38.53% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304633991 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Clayton determination of Non-QM based on the internal test APR of 8.662 exceeds the benchmark rate of 6.30 plus the 3.5 rate spread trigger. Lender determination of QM SH. Using benchmark date of 12/19/24 for bona-fide discount points. | 1.27.2025 Client provided Fee Split worksheet, fees re-tested. QM Safe Harbor | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 30% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 95 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 34.02% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 8 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 12 years | ||
| 304633991 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Section 32 | Satisfied | C | A | C | A | CMPS32371 | Section 32 Loan per Points and Fees Test | No | Missing Fee Split disclosure for further testing | 01/27/2025 Client provided the fee split document for proper allocation of Affiliate fees. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 30% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 95 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 34.02% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 8 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 12 years | ||
| 304633991 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | State High Cost | Satisfied | C | A | C | A | CMPSTHC308 | IL High-Cost Loan by exceeding point and fee threshold | No | Missing Fee Split disclosure for further testing | 01/27/2025 Client provided the fee split document for proper allocation of Affiliate fees. | Condition Satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 30% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 95 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 34.02% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 8 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 12 years | ||
| 304633990 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 36.17% below guideline requirement CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job, 16 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 766 exceeds guidelines | |||||||||||||||||
| 304633988 | XXXXXX | XXXXXX | WI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 788 exceeds guidelines 760. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 21.73% below guideline requirement 45.00% CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 60.78% below guideline requirements 90%. | |||||||||||||||||
| 304633987 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 17 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 46.62% LTV below guideline requirements of 90.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 773 is 113 points above program guideline minimum of 660. | |||||||||||||||||
| 304435862 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Provide ATR documents. | 10/09/2024 client provided XXX report. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV actual 61.68% is less than max of 75%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI actual 30.52% is less than max of 45%. | ||
| 304633985 | XXXXXX | XXXXXX | AR | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 12 years and 8 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 34 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: 45.70% LTV below guideline requirements of 85.00% per program. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 40+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304633982 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Satisfied | C | A | C | A | CMPTXHE846 | TX Equity - Closed before later of appl/discl + 12 days | No | Application date 12/3/2024. Notice Concerning Extensions of Credit dated 12/26/2024. | 01/17/2025 Client provided the Notice Concerning Credits Disclosure dated and signed 12/06. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 62% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 35.61% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5.5 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 22 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession for B1 of 21 years | ||
| 304633982 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Missing T.42 Title Endorsement. | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 62% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 35.61% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5.5 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 22 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession for B1 of 21 years | ||
| 304633982 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42.1 Title Endorsement. | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 62% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 35.61% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5.5 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 22 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession for B1 of 21 years | ||
| 304633981 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 37.41 is less than the max of 80. CFCFS1736: Significant time at current residence - Clayton Comments: 25 years in subject property. | |||||||||||||||||
| 304633980 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 6 years and 11 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 9 years and 1 month CFCFS1737: LTV below guideline requirements - Clayton Comments: 69.84% LTV below guideline requirements of 85.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 725 is 65 points above program guideline minimum of 660. | |||||||||||||||||
| 304633979 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 756 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 6 years at current job. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 26.27% is below lender's guide lines maximum of 45%. | |||||||||||||||||
| 304435858 | XXXXXX | XXXXXX | WI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: CLTV actual 41.54% is less than max of 45%. CFCFS1745: Significant total monthly debt reduction - Clayton Comments: Borrower's reducing outgo by over $900 a month. | |||||||||||||||||
| 304633978 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 60.14% below guideline requirements 80.00%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 35.21% below guideline requirement 45.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 716 exceeds guidelines 700. | |||||||||||||||||
| 304633977 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC152 | Missing verbal VOE required by guidelines | No | Provide LOX re: Why dates of employment on final 1003 differ from VOE provided. 1003 start date 01/01/2009 vs. VOE start date 10/17/2023. Explain why VOE for employer XXX states borrower is currently on leave? | 1.8.2025 Client provided an LOX stating XXX VVOE which states on leave is borrower 2nd job. Response, initial condition remains regarding 1st employment w/XXX, VVOE say employment start date 10.17.2023 and Final 1003 reflect employment start date 1.1.2009 (info differ, 1003 info differ from VVOE info). Initial condition remains for clarification on employment dates with 1st employment: XXX. 1.17.2025 Client provided LOX stating it was a typo in the system and we updated the previous employment to show a full 2 year history. Response, VVOE reflect hire date of 10.17.2023 however file have 2022 and 2023 w2's from this employer: XXX, it appears employment with XXX started prior to October 2023 due to file have 2022 w2's from this same employer and XXX was a 2nd job and is currently on leave with this 2nd job employment. | Condition satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: 16 years in same line of work/profession CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 46 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. | ||
| 304633977 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | B | A | B | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing proof of subject monthly HOA dues in the amt. of $65 | 1.8.2025 Client provided Homegenius page which reflect fee of $565 HOA; worst case including $565 vs $65 in DTI without any additional documentation | Condition satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: 16 years in same line of work/profession CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 46 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. | ||
| 304435854 | XXXXXX | XXXXXX | CA | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 30 years and 6 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: 25.19% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 728 is 68 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 72+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 21.03% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304633974 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 25 years and 8 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 19 years and 6 months CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job; 19 years and 6 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: 71.69% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 707 is 27 points above program guideline minimum of 680. | |||||||||||||||||
| 304633972 | XXXXXX | XXXXXX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower been at current residence for 7 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 70.21% max per guidelines is 90%. | |||||||||||||||||
| 304633971 | XXXXXX | XXXXXX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 30.17% is below lender's guide lines maximum of 45%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 18 years at current job. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 36.67% is below lender's guide lines maximum of 75%. | |||||||||||||||||
| 304435851 | XXXXXX | XXXXXX | LA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-borrower has been employed at same job for 11years and 1 month which exceeds the minimum 2year requirement by 8years and 1 month. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history verified is 41 months as paid as agreed and exceeds the minimum 12 month requirement by 29 months. | |||||||||||||||||
| 304633970 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 12 years at current job CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 68.83% below guideline requirements 75.00%. | |||||||||||||||||
| 304633969 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | D | A | D | A | CRDTIL796 | Missing Title | No | Title required. | 1.7.2025 Client provided Title Property Summary Report, separate condition added regarding judgments on title report | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 80%. Loan LTV is 60.89%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 680. Loan credit score is 719. | ||
| 304633969 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | D | A | D | A | CRDTIL865 | Title incomplete | No | Client provided Title Summary Report with two (2) unpaid judgments, verify both judgments on title have been paid/removed. | 1.10.2025 Client provided LOX stating, Per the title company ''The two judgments were not a match to our borrower. '' Response, did not see comment in file from Title company verifying no match to our borrower, or was this a verbal comment to Lender. Condition remains for clarification of the email from title stating no match to our borrower, for loan file. 1.13.2025 Client provided Title email LOX stating two judments were not a match to our borrower | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 80%. Loan LTV is 60.89%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 680. Loan credit score is 719. | ||
| 304633968 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance due to Title Examination fee $100 added to final LE 01/02/25. COC issued 12/27 lists fee amount but does not give sufficient details as to why fee was added. No cure provided on borrower final CD prior to close. Condition pending receipt detailed COC with fee addition validated or Post CD reflecting lenders cure, LOX, Refund of $100 w/ Proof of Delivery. | 01/23/2025 Client provided COC 12/27 reflecting Title Update to cure the lien with the XXX which resulted in the addition of the Title Exam fee with fee disclosed. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 67.68% LTV below guideline requirements of 75.00% per program. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 40+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | ||
| 304633967 | XXXXXX | XXXXXX | IN | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Need proof initial CD was received by borrower 3 days before consummation date of XXX | 01/17/2024 Client provided a XXX reflecting CD sent and viewed on 12/20. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 33.42% DTI is below guideline requirement of 45.00%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 12 years and 7 months | ||
| 304637003 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned the subject property for 34 years 3 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: 63.53% CLTV is 11.47% below the maximum allowable CLTV of 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 699 is 39 points above the minimum required score of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 39.64% DTI is below the maximum allowed DTI of 45%. | |||||||||||||||||
| 304633966 | XXXXXX | XXXXXX | AL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC5551 | Missing sufficient documentation to determine the QM Fee limit, QM APR and/or TIL/State Higher-Priced APR or State regulation fee tests | No | Missing final Closing Disclosure. | 01/13/2025 Client provided XXX for both reflecting Borrower was sent CD and completed on 12/16 and sent to Non-Borrower 12/16 and completed on 6/18. | Condition Satisfied. | Hybrid | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 77 month mortgage payment history exceeds the 12 month guideline minimum by 65 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: The 70% CLTV is 5% below the maximum guideline requirement of 75%. | ||
| 304633966 | XXXXXX | XXXXXX | AL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC5553 | Missing sufficient documentation to determine High Cost Fees and APR Limits | No | Missing final Closing Disclosure. | 01/13/2025 Client provided XXX for both reflecting Borrower was sent CD and completed on 12/16 and sent to Non-Borrower 12/16 and completed on 6/18. | Condition Satisfied. | Hybrid | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 77 month mortgage payment history exceeds the 12 month guideline minimum by 65 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: The 70% CLTV is 5% below the maximum guideline requirement of 75%. | ||
| 304633966 | XXXXXX | XXXXXX | AL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Federal Consumer Protection | Satisfied | C | A | C | A | CMPFDCP2109 | ROR - Unknown latest TIL date; cannot determine whether borrower was provided their full rescission period | No | Missing final Closing Disclosure. | 01/13/2025 Client provided XXX for both reflecting Borrower was sent CD and completed on 12/16 and sent to Non-Borrower 12/16 and completed on 6/18. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 77 month mortgage payment history exceeds the 12 month guideline minimum by 65 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: The 70% CLTV is 5% below the maximum guideline requirement of 75%. | ||
| 304633966 | XXXXXX | XXXXXX | AL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3618 | TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing | No | Provide the Initial CD with confirmation of borrower receipt at least 3 business days prior to consummation. Additional conditions may apply. | 01/13/2025 Client provided XXX for both reflecting Borrower was sent CD and completed on 12/16 and sent to Non-Borrower 12/16 and completed on 6/18. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 77 month mortgage payment history exceeds the 12 month guideline minimum by 65 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: The 70% CLTV is 5% below the maximum guideline requirement of 75%. | ||
| 304633966 | XXXXXX | XXXXXX | AL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Missing final Closing Disclosure. | 01/13/2025 Client provided XXX for both reflecting Borrower was sent CD and completed on 12/16 and sent to Non-Borrower 12/16 and completed on 6/18. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 77 month mortgage payment history exceeds the 12 month guideline minimum by 65 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: The 70% CLTV is 5% below the maximum guideline requirement of 75%. | ||
| 304435850 | XXXXXX | XXXXXX | NM | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | D | A | A | A | D | B | D | B | D | A | A | A | D | B | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | D | A | D | A | CMPATRQM3220 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status. | No | Missing income verification documents | 9.23.2024 Client provided YTD paystubs and 2023/2022 w2's for both borrowers supporting monthly base income used for qualifying, DTI differ due to removed OT income for B1 with final DTI of 44.32% (Max 45%). Missing Written VOE for prior years breakdown for OT calculation, DTI still within without B1 OT | condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have 17 years at current residence CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - Clayton Comments: Borrowers have no late payments on the mortgage history | ||
| 304435850 | XXXXXX | XXXXXX | NM | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | D | A | A | A | D | B | D | B | D | A | A | A | D | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero Tolerance testing failed by $100.00 due to the addition of Title Examination without valid Change Reasons documented in the file. No evidence of a cure Credit at Closing, please provide documents showing valid reason for the addition of fee, a corrected Post CD and proof of delivery via shipping that includes tracking information within 60 days of consummation. | 10/04/2024 Client provided PCCD 10/03 with a Principal Reduction, LOE and Loan Transaction History reflecting payment applied. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have 17 years at current residence CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - Clayton Comments: Borrowers have no late payments on the mortgage history | ||
| 304435850 | XXXXXX | XXXXXX | NM | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | D | A | A | A | D | B | D | B | D | A | A | A | D | B | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC2302 | Missing Required Income Documentation | No | Missing paystubs and W2s or WVOE for both borrowers to support the income used to qualify | 9.23.2024 Client provided YTD paystubs and 2023/2022 w2's for both borrowers supporting monthly base income used for qualifying, DTI differ due to removed OT income for B1 with final DTI of 44.32% (Max 45%). Missing Written VOE for prior years breakdown for OT calculation, DTI still within without B1 OT | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have 17 years at current residence CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - Clayton Comments: Borrowers have no late payments on the mortgage history | ||
| 304633964 | XXXXXX | XXXXXX | OR | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 781 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 18 years at current job. | |||||||||||||||||
| 304633963 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico sore 756 exceeds guide lines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 24% is below lender's guide line maximum of 45%. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for 10 years. | |||||||||||||||||
| 304633962 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Final LE 12/23/2024 is not signed and there is no evidence in file of when it was received by borrowers. Delivery method defaults to the mailbox rule | 01/29/2025 Client provided XXX 12/23 & 12/27 for both reflecting reflecting 12/23 LE received and viewed on 12/23 and both received and completed CD 12/27 on 12/27. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 5.10 years current job time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 29 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS5269: Minimal use of credit - Clayton Comments: 3.00% revolving credit line utilization | ||
| 304633961 | XXXXXX | XXXXXX | KY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero percent tolerance of $125.00 due to added Title Doc Prep on CD 12/16/2024 with no COC in file. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information. | 01/22/2025 Client provided COC 12/13 reflecting Updated by request from Borrower for a name change due to marriage. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 50.90% below guideline requirements 90.00%. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been owning the property > 16 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 19.44% below guideline requirement 45.00%. | ||
| 304633959 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2698 | RESPA - List of homeowners counseling organizations not in file | No | Missing List of homeowners counseling organizations | 01/10/2025 Client provided missing List of homeowners counseling organizations dated 10/02. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 728 exceeds guide lines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 31.63% is below lender's guide lines maximum of 45%. | ||
| 304633958 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has resided at current residence for 7.60 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The CLTV of 63.99% is 11.01% < maximum CLTV of 75.00%. CFCFS2854: Significant time in profession - Clayton Comments: Borrower significant time as an Information Security Specialist 3 for 10 years. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower has positive mortgage history of 45 months @ 0 x 30. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers median credit score of 704 is 44 more points than minimum required score of 660. | |||||||||||||||||
| 304633957 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP1307 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan), not dated | No | Missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan). | 01/27/2025 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan) dated 9/9. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 11 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 32.57% max per guidelines is 75%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 26.45% max per guidelines is 45%. | ||
| 304633957 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP1319 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost), not dated | No | Missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost). | 01/27/2025 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost) dated 9/9. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 11 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 32.57% max per guidelines is 75%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 26.45% max per guidelines is 45%. | ||
| 304633957 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | D | A | D | A | CMPSTCP1297 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan), not in file | No | Missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan). | 01/27/2025 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan) dated 9/9. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 11 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 32.57% max per guidelines is 75%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 26.45% max per guidelines is 45%. | ||
| 304633957 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | D | A | D | A | CMPSTCP1309 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost), not in file | No | Missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost). | Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost) | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 11 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 32.57% max per guidelines is 75%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 26.45% max per guidelines is 45%. | ||
| 304633957 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3552 | TRID - Loan Estimate not timely | No | Missing Initial LE dated within 3 days of the application date of 09/05/2024. | 01/23/2025 Client provided missing Initial LE 9/9. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 11 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 32.57% max per guidelines is 75%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 26.45% max per guidelines is 45%. | ||
| 304633957 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | $100.00 Zero Tolerance due to Title Search fee was added without a Change in Circumstance (CIC). Requires CIC, or corrected PCCD, copy of refund check, LOX and verification of shipping. | 01/23/2025 Client provided COC 10/17 reflecting Updated Title due to Borrowers permission to to clear UCC from title requiring Search fee added. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 11 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 32.57% max per guidelines is 75%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 26.45% max per guidelines is 45%. | ||
| 304637002 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: Co-borrower has been in current profession for 11.1 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower at residence for 10.1 years. | |||||||||||||||||
| 304435847 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 69.93X% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 709 is 29 points above program guideline minimum of 680. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 48+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 0x30 for 60+ months | |||||||||||||||||
| 304633956 | XXXXXX | XXXXXX | ME | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 68.74 is less than 75. CFCFS1745: Significant total monthly debt reduction - Clayton Comments: Reducing outgo by $594 a month. | |||||||||||||||||
| 304435845 | XXXXXX | XXXXXX | CO | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Clayton determination of Non=QM based on the internal test APR of 9.522 exceeds the benchmark rate of 5.95 plus the 3.5 rate spread trigger. Lender determination of QM SH. Using benchmark date of 9/19/2024 for bona-fide discount points. | 10/23/2024 client provided a XXX reflecting status as Non-QM but determination is now QM SH. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 745 exceeds guide lines. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for 35 years. | ||
| 304633955 | XXXXXX | XXXXXX | OK | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/16/2025 Client provided XXX for both reflecting CD sent to Non-Borrower 12/17 and confirmed on 12/19. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 758 exceeds guide lines. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been living in the same residence for 23 years. | ||
| 304633954 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 22 years current residence time CFCFS2854: Significant time in profession - Clayton Comments: 23 years in same of line of work/profession CFCFS5269: Minimal use of credit - Clayton Comments: 22% revolving credit line utilization CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 47 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. | |||||||||||||||||
| 304633953 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance in the amount of $100.00 as Title Examination fee was added without a valid COC in file. Condition pending receiving a valid Change of Circumstances or Post CD reflecting lenders cure, LOX, a copy of refund and proof of delivery via shipping that includes tracking information, | 01/08/2025 Client provided a collaborate Comment: COC for the exam fee is located on page 314 of the bundle. Condition remains. COC 12/04 does not indicate why the Title needed to be updated. Provide a valid reason for the addition of the Exam fee or PCCD with cure, copy of cure check, LOE to Borrower and evidence of delivery via tracking.01/14/25 Client provided another 12/4 COC indicating the title update was required to clear the UCC issue found on the property summary report. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 59% below guideline requirements of 75% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 55 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 26.75% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 14 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 6 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 8.33 years | ||
| 304637000 | XXXXXX | XXXXXX | CA | QM: Rebuttable Presumption (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 82.24 is less that the max of 90. CFCFS2854: Significant time in profession - Clayton Comments: 20 years in current profession. | |||||||||||||||||
| 304633951 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | The test APR is 9.991%, the benchmark APR is 6.390% resulting in a difference of 3.601%, max difference allowed is 3.500%. Based off lock date 12/9/2024 | 01/23/2025 Client provided COC dated 12/5, re-disclosed on 12/9, reflecting Rate lock and expiration date 3/5 with no extension after. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 19 years at current job. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 75.40% below guideline requirements 85.00%. | ||
| 304633949 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 738 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 40.19% DTI below guideline of 45%. | |||||||||||||||||
| 304435841 | XXXXXX | XXXXXX | OR | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The borrower's qualifying credit score of 749 is 49 points higher than the minimum required credit score of 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: A total of 59 months paid as agreed mortgage history exceeds the 12 month minimum requirement by 47 months. | |||||||||||||||||
| 304435840 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Application | Satisfied | D | A | D | A | CRDAPP3822 | Missing or incomplete documentation related to citizenship/residency | No | Provide the Permanent Resident Alien documents | 10.2.2024 Client provided LOX stating, disagree with finding, we have an unexpired California Driver's license in file being used as borrower's ID. Response, Final 1003 reflect Citizenship as Permanent Resident Alien. Condition remains for Green card 10/09/2024 client provided an updated 1003 reflecting borrower is a US citizen. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 51% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 33.10% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 9 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 6 years | ||
| 304636999 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Need evidence of change of circumstance letter or a copy of a refundable check in the amount of $100 for zero tolerance fees.A Title Examination fee was added to the CD dated 12/23/2024. | 02/05/2025 Client provided COC 12/19 reflecting Borrower gave permission to clear/Payoff of liens found on Property Summary Report resulting in Exam fee added. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 60 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS1736: Significant time at current residence - Clayton Comments: CB has 7.2 years current residence time | ||
| 304636998 | XXXXXX | XXXXXX | MN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | B | A | A | A | A | A | B | A | B | A | A | A | A | A | Credit | Income/Employment | Satisfied | B | A | B | A | CRDINC2408 | Income verification does not meet guidelines | No | File have 2023/2022 1040's to support Schedule C loss 1. Missing signed dated 2023/2022 1040's 2. Missing 2023/2022 1040 Transcripts | 1.9.2025 Client provided LOX stating see signed 1040's however no documentation provided. Condition remains 1.10.2025 Client provided post close dated 1.10.2025 pg 2 of 1040's 2023/2022; condition remains for 2023/2022 1040 Transcripts2.3.2025 Client provided 2023/2022 1040 Transcripts (post close dated 1.29.2025) | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 19 years 8 months CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: B2 has significant time at current job, 16 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job, 30 years | ||
| 304633947 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 782 exceeds guidelines CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 20 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 41.44% CLTV below guideline requirements CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 38.55% below guideline requirement | |||||||||||||||||
| 304633946 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 743 exceeds guidelines CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 10 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 69.83% CLTV below guideline requirements. Max CLTV 85.00% | |||||||||||||||||
| 304435839 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV actual of 52.26 is less than max of 80. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI actual of 29.38 is less than max of 45. | |||||||||||||||||
| 304435838 | XXXXXX | XXXXXX | NC | QM: Rebuttable Presumption | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been owning the property > 20 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 28.42 below guideline requirement 45.00%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 65.19% below guideline requirements 75.00%. | |||||||||||||||||
| 304633945 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 753 credit score exceeds the guideline minimum credit score of 700 by 53 points. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 46 month mortgage payment history exceeds the 12 month guideline minimum by 34 months. | |||||||||||||||||
| 304633944 | XXXXXX | XXXXXX | NV | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 8 years at current job. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 800 exceeds guide lines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 26.50% is below lender's guide lines maximum of 45%. | |||||||||||||||||
| 304633942 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 34.55% is less than max of 45%. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 58.08% is less than max of 90%. | |||||||||||||||||
| 304435836 | XXXXXX | XXXXXX | DE | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing proof of subject HOA dues in the amt of $42/mo. | 10.18.2024 Client provided evidence of monthly HOA of $41.67 for subject | Condition satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 30.11 years current job time CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 26.7 years current job time CFCFS5269: Minimal use of credit - Clayton Comments: 24% revolving credit line utilization | ||
| 304633941 | XXXXXX | XXXXXX | MT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 90%. Loan LTV is 67.67%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 776. | |||||||||||||||||
| 304636997 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 6 years and 1 month CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 16 years and 9 months. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 0x30 for 60+ months | |||||||||||||||||
| 304633939 | XXXXXX | XXXXXX | MO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 60% below guideline requirements of 80%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 91 months exceeds guidelines of 12 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 13.08 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 13.5 years. CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 20.08 years. | |||||||||||||||||
| 304435834 | XXXXXX | XXXXXX | PA | QM: Safe Harbor | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | D | A | D | A | CRDTIL796 | Missing Title | No | Provide copy of Title | 10/21 Client provided title | condition satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 72% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 28.70% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 14.08 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 14.08 years | ||
| 304435833 | XXXXXX | XXXXXX | UT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Initial LE issued prior to redisclosed LE issued 8.16.2024 for lock. | 10/07/2024 Client provided missing Initial LE 10/13. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession, 20 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job, 20 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 57.28% is 17.72 points below the guideline program minimum. | ||
| 304633936 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | B | A | D | A | D | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | Home Mortgage Information Document not provided | 01/17/2025 Client provided missing OH CSPA; Home Mortgage Information Document with acknowledgement disclosed on 10/21. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 699 FICO exceeds guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 41.43 DTI below guideline of 45. | ||
| 304633936 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | B | A | D | A | D | A | A | A | B | A | Credit | Application | Satisfied | D | A | D | A | CRDAPP4625 | The orig file does not contain a third party fraud report | No | Missing third party fraud report. | 1.17.2025 Client provided Fraud Report | Condition satisfied | Not Applicable | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 699 FICO exceeds guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 41.43 DTI below guideline of 45. | ||
| 304435831 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Borrower Acknowledged receipt of Initial CD 09/20/2024 on 09/20/2024. Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing | 10/14/24 Client provided XXX tracking for initial CD 9/20/24 confirming NBS receiving disclosure on 9/23/24 ( 3 days prior to closing date XXX ) Condition satisfied | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 27 points higher than 700 min CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 6.88 % lower than 80% max | ||
| 304435830 | XXXXXX | XXXXXX | MO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide documentation all titleholders received an accurate CD 3 business days prior to closing. | 10/15/2024 Client provided XXX for both reflecting CD sent and viewed on 9/27. | Condition Satisfied | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: Max allowed DTI is 50% and the borrower has qa 39.862% DTI. CFCFS1737: LTV below guideline requirements - Clayton Comments: Max CLTV is 80% and the borrower has a 61.413% CLTV. | ||
| 304435828 | XXXXXX | XXXXXX | GA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | C | A | D | A | D | A | A | A | C | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 10/09/2024 Client provided XXX for both reflecting CD was sent and viewed on 8/8. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 9 Years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same line of work for 14 Years. | ||
| 304435828 | XXXXXX | XXXXXX | GA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | C | A | D | A | D | A | A | A | C | A | D | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA858 | Natural Disaster Area, no subsequent inspection (Individual & Public) | No | Missing a subsequent property inspection for Post close FEMA disaster #4830 for XXX declared 9-30-2024. | 10/10/2024 client provided a post disaster inspection reflecting no structural damage and only minor damage to the fascia and roof. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 9 Years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same line of work for 14 Years. | ||
| 304636994 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 761 exceeds guide lines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 30.87% is below lender's guide lines maximum of 45%. | |||||||||||||||||
| 304633934 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3258 | Missing Profit and Loss statement for one or more Self Employed borrowers | No | Provide profit andf loss statement for XXX income | 1.28.2025 Client provided YTD 2024 P/L and B/S for business Note: YTD 2024 Balance Sheet reflect Shareholder's Distribution income. both borrowers 50% ownership each and this is 2nd job for B1 | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Max allowed CLTV is 80% and the borrower has a 53.33% CLTV. CFCFS1744: DTI below guideline requirement - Clayton Comments: Max allowed DTI is 50% and the borrowers have a 39.808% DTI. | ||
| 304633934 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3260 | Balance Sheet missing for one or more Self Employed borrowers | No | Provide balance sheet for XXX income | 1.28.2025 Client provided YTD 2024 P/L and B/S for business Note: Balance Sheet have Shareholder's Distribution, both borrowers 50% each ownership and this is now 2nd job for B1 | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Max allowed CLTV is 80% and the borrower has a 53.33% CLTV. CFCFS1744: DTI below guideline requirement - Clayton Comments: Max allowed DTI is 50% and the borrowers have a 39.808% DTI. | ||
| 304633933 | XXXXXX | XXXXXX | MN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance due to Appraisal fee increase from revised LE 10/26/24 $550 to LE 11/13/24 $650 partial POC on CD's. COC issued 11/13 lists fee amount but does not give sufficient detail as to why fee increased. No cure provided on borrower final CD. Condition pending receipt detailed COC with fee increase validated or Post CD reflecting lenders cure, LOX, Refund of $100 w/ Proof of Delivery. | 01/16/2025 Client provided COC 11/08 reflecting appraisal fee increase due to complexity for distance of comparable and drive time. Also reflects Title order resulting in Title - Document fee $150.00, government recording Fee - Deed $100. Condition remains. Retesting results in a tolerance of $125.00. Provide a valid reason for the Title order that resulted in a fee for Document Preparation or PCCD with cure, copy of cure check, LOE to Borrower and evidence of delivery.01/22/2025 Client provided the COC dated 11/08 reflecting that the Title update was due to Borrower requesting Name update on deed due to marriage. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 55 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 4.83 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 10.5 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 17.25 years | ||
| 304636993 | XXXXXX | XXXXXX | MN | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2642 | Missing proof that HELOC has been paid and closed to future draws | No | Provide an estoppel letter closing the HELOC to future draws. | 1.31.2025 Client provided executed by borrower requesting closure of HELOC w/XXX | Condition satisfied | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 48 months exceeds guidelines of 12 months CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 24 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 5 years for B2 | ||
| 304633930 | XXXXXX | XXXXXX | VA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 746 exceeds guide lines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 30.44% is below lender's guide lines maximum of 45%. | |||||||||||||||||
| 304435820 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 74.96% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 759 is 79 points above program guideline minimum of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 20.63% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304633929 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2700 | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | No | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | 01/23/2025 Client provided missing List of homeowners counseling organizations 11/26. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 56.85% below guideline requirements 85.00%. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has > 5 years at current job | ||
| 304633929 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3552 | TRID - Loan Estimate not timely | No | Application date 11/23/24. Earliest LE provided 12/06/24 w/ COC form issued 12/05 indicating prior numerical changes. Missing initial LE. | 01/23/2025 Client provided missing Initial LE 11/26. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 56.85% below guideline requirements 85.00%. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has > 5 years at current job | ||
| 304633928 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 735 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 14 years at current job. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 34.81% is below lender's guide line maximum of 45%. | |||||||||||||||||
| 304435819 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Closing date XXX. Initial CD date issued 10/02/24. No Confirmation of Receipt of Initial CD and no evidence in file for both title holders receiving initial CD w/ proof of delivery min 3 days prior to consummation. | 10/22/2024 Client provided XXX for both Title holders reflecting CD was sent and viewed on 10/2. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 5 years and 1 month CFCFS1744: DTI below guideline requirement - Clayton Comments: 69.10% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 756 is 96 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 39+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | ||
| 304633927 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 725 FICO exceeds guideline of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x44 mortgage payment history exceeds guideline of 0x30x12. | |||||||||||||||||
| 304435817 | XXXXXX | XXXXXX | MN | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Please provide evidence that borrower acknowledged receipt of CD 9/23/24 3 days prior to consummation date of XXX | 10/14/24 Client provided XXX tracking for initial CD 9/23/24 confirming borrower's receipt on 9/23/24. Condition satisfied | Condition satisfied | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: Max allowed DTI is 50% and the borrower has a 36.411% DTI. CFCFS1737: LTV below guideline requirements - Clayton Comments: Max CLTV is 80% and the borrower has a66.198% CLTV. | ||
| 304633926 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 694 credit score exceeds the guideline minimum credit score of 660 by 34 points. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 46 month mortgage payment history exceeds the 12 month minimum mortgage history by 34 months. | |||||||||||||||||
| 304633925 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been in the current job for 20.6 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower at current residence for 19.6 years. | |||||||||||||||||
| 304349085 | XXXXXX | XXXXXX | FL | QM: Rebuttable Presumption | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 10 years and 3 months CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 28 years and 6 months CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job; 11 years and 1 month CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36.51% LTV below guideline requirements of 80% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 701 is 41 points above program guideline minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 20.11% DTI is below guideline requirement of 45%. | |||||||||||||||||
| 304633923 | XXXXXX | XXXXXX | MD | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 36.84% below guideline requirement of 45% | |||||||||||||||||
| 304435814 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2700 | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | No | List of homeownership dated 7/26/24 not within 3 business days of initial application date of 07/09/2024, | 10/08/2024 Client provided missing List of homeowners counseling organizations dated 7/11. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 739 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 42.61 DTI below guideline of 45. | ||
| 304435813 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Total paid as agreed mortgage history of 136 months exceeds the minimum required 12 months by 124 months. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at the current residence for 23yrs which is 22years and 6 months longer than the required minimum. | |||||||||||||||||
| 304633921 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 49.59% below guideline requirements 90.00% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 811 exceeds guidelines 760 CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property > 20 years. | |||||||||||||||||
| 304633920 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower been at current residence for 9 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 31.04% max per guidelines is 45%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 70.87% max per guidelines is 80%. | |||||||||||||||||
| 304633917 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 34.72% below guideline requirement 45.00%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 66.55% below guideline requirements 90.00%. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has >13 years at current job | |||||||||||||||||
| 304633916 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS5269: Minimal use of credit - Clayton Comments: 0.00% revolving credit line utilization CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 47 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. | |||||||||||||||||
| 304435811 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS5269: Minimal use of credit - Clayton Comments: Borrower using only 5% of available credit CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 12 month payment history required, 28 months in file with no lates CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum score 700, current score 764 | |||||||||||||||||
| 304633915 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 10 years in residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 49.68% is less than the max of 80%. | |||||||||||||||||
| 304633913 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 47.26% LTV below guideline requirements of 90.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 817 is 157 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 40+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 24 years and 2 months | |||||||||||||||||
| 304633912 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 80%. Loan LTV is 57.98%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 680. Loan credit score is 730. | |||||||||||||||||
| 304636989 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 65.29% below guideline requirements of 75% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 20.43% below guideline requirement of 45% CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 21.08 years | |||||||||||||||||
| 304633911 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: 33% DTI is 12% below the maximum guideline requirement of 45%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 84 months of mortgage payment history exceeds the guideline minimum requirement of 12 months by 72 months. | |||||||||||||||||
| 304435808 | XXXXXX | XXXXXX | CA | QM: Rebuttable Presumption | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 46 months exceeds guidelines of 12 months CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 10 years | |||||||||||||||||
| 304633910 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS5269: Minimal use of credit - Clayton Comments: 4.00% revolving credit utilization CFCFS1736: Significant time at current residence - Clayton Comments: 8.6 years current residence time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 41 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. | |||||||||||||||||
| 304633909 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 804 exceeds guidelines 760. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 39.78% below guideline requirements 90.00%. | |||||||||||||||||
| 304435807 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 44.62% below guideline requirements 75.00%. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been owning the property for 28 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 690 exceeds guidelines 680. | |||||||||||||||||
| 304633908 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 80.00% below guideline requirements 85.00%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 10 years at current job. | |||||||||||||||||
| 304636986 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have owned the subject property for 6 years 1 month. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been with current employer since 6/20/2011. CFCFS1737: LTV below guideline requirements - Clayton Comments: 40.96% CLTV is 26.22% below the maximum allowable CLTV of 67.18%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 718 is 38 points above the minimum required score of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 29.89% DTI is below the maximum allowed DTI of 45%. | |||||||||||||||||
| 304435805 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 19 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 737 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 72.82% is 7.18 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x33 exceeds mortgage history guidelines. | |||||||||||||||||
| 304633907 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 48.68% LTV below guideline requirements of 85.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 724 is 64 points above program guideline minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 27.10% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304633906 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 8 years and 5 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 8 years and 8 months CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 750 is 90 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 33+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 26.15% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304633905 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 736 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 33.82 DTI below guideline of 45. | |||||||||||||||||
| 304636985 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 12.4 years current residence time CFCFS1734: Borrower has significant time at current job - Clayton Comments: 14.3 years current job time CFCFS5269: Minimal use of credit - Clayton Comments: 17% revolving credit line utilization | |||||||||||||||||
| 304633902 | XXXXXX | XXXXXX | OR | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 19.65% is below the max of 45%. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 49.20% is below the max of 90%. | |||||||||||||||||
| 304633901 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Provide first lien servicing docs.May be subject to additional conditions upon review. | 1/22 Client provided the servicing docs | Satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 28 years 1 month at residence CFCFS1734: Borrower has significant time at current job - Clayton Comments: At job since X/XX/XX | ||
| 304633900 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance in amount of $100 due to added Title Exam fee on LE 12/5/24 with no valid reasons documented on COC 12/5/24. Condition is pending receiving PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information. | 01/24/2025 Client provided COC 12/05 reflecting Title Examination is $100.00 is required after Borrower provided permission to cure the UCC lien. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 39.77 is less than max of 45. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 72.32 is less than max of 45. | ||
| 304636984 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 62% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 90 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 33.53% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 20.17 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 22 years | |||||||||||||||||
| 304633899 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 64.56% below guideline requirements 85.00% CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 13 years at current job | |||||||||||||||||
| 304633898 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 755 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 9 years at current job. | |||||||||||||||||
| 304633897 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Missing T.42 Title Endorsement. | 01/23/2025 Client provided approved exception request for Texas Equity T.42 Title Endorsement. | Initial and Final B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 37.98% below guideline requirements 45.00%. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property > 17 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 27 years time at current job | ||
| 304633897 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42.1 Title Endorsement. | 01/23/2025 Client provided approved exception request for Texas Equity T.42.1 Title Endorsement. | Initial and Final B. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 37.98% below guideline requirements 45.00%. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property > 17 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 27 years time at current job | ||
| 304633895 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 54% below guideline requirements of 70% CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 26.46% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 18.7 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 5.08 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 6.5 years | |||||||||||||||||
| 304633894 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 85%. Loan LTV is 34.85%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 752. | |||||||||||||||||
| 304633893 | XXXXXX | XXXXXX | DC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | D | A | D | A | CRDTIL796 | Missing Title | No | Missing Title Report | 1.27.2025 Client provided Title Property Summary Report | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been at current residence for 18 Years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has been at current employer for 9 Years | ||
| 304435796 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 11 Years CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same line of work for 30 Years | |||||||||||||||||
| 304633891 | XXXXXX | XXXXXX | NE | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 24 years and 8 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 47.72% LTV below guideline requirements of 75.00% per program. | |||||||||||||||||
| 304633889 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x46 exceeds mortgage history guidelines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI: 37.30% is 7.7 points below the guideline program minimum. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job, 12 years. | |||||||||||||||||
| 304435792 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Please provide evidence that borrower acknowledged receipt of CD 3 days prior to consummation date of 9/24/2024. | 10/08/2024 Client provided XXX for both reflecting CD was sent and viewed 9/19. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying credit score of 809 is well above guideline threshold of 660. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 8 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 7 years. | ||
| 304636983 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 9 years and 11 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 9 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 44.68% LTV below guideline requirements of 85.00% per program. CFCFS1744: DTI below guideline requirement - Clayton Comments: 24.41% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304633884 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 797 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 13 years at current job. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 21.36% is below lender's guide line maximum of 45%. | |||||||||||||||||
| 304636982 | XXXXXX | XXXXXX | NV | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2700 | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | No | Application date is 11/22/2024 and list of homeowners counseling organizations is dated 12/18/2024 - not provided within 3 days of application. | 02/03/2025 Client provided missing List of homeowners counseling organizations dated 11/27. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 10.8 years current residence time CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 33.45% is below max allowable per guides of 45% CFCFS2860: Good credit history - Clayton Comments: deep credit file with all accts. paid as agreed. 0X30,60,90 days. No collections, judgements, BK | ||
| 304636982 | XXXXXX | XXXXXX | NV | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3552 | TRID - Loan Estimate not timely | No | Application Date 11/22/2024, missing initial LE disclosed to borrower within 3 business days of application date. | 02/03/2025 Client provided missing Initial Loan Estimate dated 11/27. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 10.8 years current residence time CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 33.45% is below max allowable per guides of 45% CFCFS2860: Good credit history - Clayton Comments: deep credit file with all accts. paid as agreed. 0X30,60,90 days. No collections, judgements, BK | ||
| 304435786 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 18 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been at current residence for 19 years. | |||||||||||||||||
| 304633882 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 38.86 is less than the max of 45. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 29.61 is less than the max of 90. | |||||||||||||||||
| 304435784 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | OH CSPA; Home Mortgage Information Document not provided | 10/07/2024 Client provided OH CSPA; Home Mortgage Information Document with acknowledgement disclosure dated 8/28. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying credit score of 769 is well above guideline threshold of 660. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 21 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 24 years. | ||
| 304633881 | XXXXXX | XXXXXX | NY | QM: Rebuttable Presumption (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 12 years and 2 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 6 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: 69.94% LTV below guideline requirements of 75.00% per program. | |||||||||||||||||
| 304435783 | XXXXXX | XXXXXX | WA | QM: Safe Harbor | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance in the amount of $375 as Discount Points increased without a COC in file. Condition pending receiving a Change of Circumstances or Post CD reflecting lenders cure, LOX, a copy of refund and proof of delivery via shipping that includes tracking information. | 10/16/24 Client provided the missing 9/24 COC for the Revised 9/27 CD. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 7.1 years current residence time CFCFS5269: Minimal use of credit - Clayton Comments: 16% revolving credit utilization CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 36.21% is below max allowable per guidelines of 80% | ||
| 304636978 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 31% CLTV is 59% below the maximum guideline CLTV allowed of 90%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The 783 credit score exceeds the guideline required minimum credit score of 660 by 123 points. | |||||||||||||||||
| 304636977 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 5 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 8 years and 1 year. CFCFS1737: LTV below guideline requirements - Clayton Comments: 75.75% LTV below guideline requirements of 85.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 728 is 48 points above program guideline minimum of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 30.89% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304435781 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: LTV of 45% is 35% below the maximum CLTV allowed of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Total verified paid as agreed mortgage history for 64 months exceeds the 12 month minimum requirement by 52 months. | |||||||||||||||||
| 304435780 | XXXXXX | XXXXXX | CA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Clayton status reflect QM status as QM Rebuttable Presumption (APOR). Lender reflects QM Safe Harbor APOR. The test APR is 9.646%, the benchmark APR is 6.090% resulting in a difference of 3.556%, max difference allowed is 3.50% | 10/15/2024 Client provided an updated XXX 10/12 reflecting QM status as Presumption of Compliance. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower FICO score is 758 max per guidelines is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 31.93% max per guidelines is 45%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 74.89% max per guidelines is 80%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 16 years. | ||
| 304633878 | XXXXXX | XXXXXX | MS | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 10.2 years current residence time CFCFS2854: Significant time in profession - Clayton Comments: 5.11 years in same line of work/profession | |||||||||||||||||
| 304636976 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 12 years and 3 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 6 years and 5 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 73.77% LTV below guideline requirements of 90.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 762 is 102 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 40+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 35.13% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304633876 | XXXXXX | XXXXXX | NM | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 11 years, 6 months at current job. CFCFS1737: LTV below guideline requirements - Clayton Comments: 66.87% CLTV; 80% max allowed. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 734 qualifying score; 700 required. | |||||||||||||||||
| 304633874 | XXXXXX | XXXXXX | SD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 733 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 71.56% is 13.44 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x89 exceeds mortgage history guidelines. | |||||||||||||||||
| 304636974 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | C | A | C | A | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | Missing evidence of new debt open from Upgrade $233. | 1.31.2025 Client provided Undisclosed debt verification of monthly $233 for debt Upgrade | Condition satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 24 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 57.88% max per guidelines is 85%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 27.47% max per guidelines is 45%. | ||
| 304636973 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/31/2025 Client provided Disclosure history reflecting CD was sent XXX on 12/03 and a one span reflecting CD was sent 12/03 and viewed on 12/10. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 64.10% LTV below guideline requirements of 90.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 797 is 137 points above program guideline minimum of 660. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 8 years and 1 month. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 45+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | ||
| 304636973 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Documentation | Satisfied | C | A | C | A | CMPDOC3076 | Legal document was not executed or is incomplete | No | Evidence of signature of additional title holder was not present on the initial Closing Disclosure. | 01/31/2025 Client provided Disclosure history reflecting CD was sent 12/3 and e-signed on 12/10. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 64.10% LTV below guideline requirements of 90.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 797 is 137 points above program guideline minimum of 660. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 8 years and 1 month. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 45+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | ||
| 304636972 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 20.8 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been at current residence for 9.8 years. | |||||||||||||||||
| 304633871 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance in amount of $200 due to added Disaster Cert fee on LE 12/4/24 with no valid COC n file. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information. | 01/24/2025 Client provided COC 12/04 reflecting Lock and a Disaster Inspection required to validate no damage due to storms with Certification fee. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 5 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 79.73% max per guidelines is 85%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower FICO score is 747 max per guidelines is 720. | ||
| 304636971 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | C | A | C | A | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | Missing documentation of subject property taxes $652.61 monthly. Taxes are not escrowed. | 2.5.2025 Client provided copy of property tax bill supporting monthly amount being used of $652.61 | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 758 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 28.45 DTI below guideline of 45. | ||
| 304633869 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO score 774 exceeds guidelines. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0X49 months mortgage payment history exceeds guidelines of 24 months. | |||||||||||||||||
| 304636969 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 42.96 is less that the max of 85. CFCFS1736: Significant time at current residence - Clayton Comments: Owned current residence 35+ years. | |||||||||||||||||
| 304633868 | XXXXXX | XXXXXX | AL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 18.3 years current residence time CFCFS2854: Significant time in profession - Clayton Comments: 12.3 years in same line of work/profession CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 55 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. | |||||||||||||||||
| 304633866 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job, 16 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: B2 has significant time at current job, 25 years | |||||||||||||||||
| 304636968 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | D | A | D | A | CRDCRMH189 | Missing credit report | No | Missing credit report. | 1.30.2025 Client provided credit report however is not for this transaction, credit report provided is for English file. Condition remains for subject transaction credit report. 1.31.2025 Client provided Credit report dated 12.4.2024 | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 24 years. | ||
| 304633865 | XXXXXX | XXXXXX | OR | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 30.84% CLTV. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 766 qualifying score. CFCFS1734: Borrower has significant time at current job - Clayton Comments: 38.5 years at current job. | |||||||||||||||||
| 304435773 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Please provide evidence that borrower acknowledged receipt of CD 3 days prior to consummation date of 9/30/2024.Provide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. | 10/15/2024 Client provided XXX for both reflecting CD was Sent 9/25 and viewed 9/26. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 797 > is above guideline minimum credit score. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 23 years. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x44 exceeds mortgage history guidelines. | ||
| 304633864 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 40.52% below guideline requirement 45.00%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 72.54% below guideline requirements 85.00%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 11 years at current job. | |||||||||||||||||
| 304636967 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property > 22 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 24 years at current job CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 771 exceeds guidelines 760 | |||||||||||||||||
| 304633863 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 65.24 is less than the max of 85. CFCFS1736: Significant time at current residence - Clayton Comments: Over 9+ years in subject property. | |||||||||||||||||
| 304636966 | XXXXXX | XXXXXX | MN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 62.06 is 17.94 points below the guideline program minimum. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI: 31.73% is 13.27 points below the guideline program minimum. | |||||||||||||||||
| 304636965 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 58.94 is 21.06 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x54 exceeds mortgage history guidelines. | |||||||||||||||||
| 304633862 | XXXXXX | XXXXXX | KS | QM: Rebuttable Presumption (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3640 | TRID - CD: Zero tolerance fee or fees increased at or prior to closing without a valid reason or the revised LE/CD was not timely disclosed; insufficient credit or refund provided | No | Zero tolerance due to Title Examination fee $100 added to revised CD 12/11/24 section B. COC issued 12/10 lists fee amount but does not give sufficient details as to why fee was added. Cure provided on final CD of $15.50 prior to close insufficient to satisfy. Condition pending receipt detailed COC with fee addition validated or Post CD reflecting total lenders cure, LOX, Refund of $100 w/ Proof of Delivery. | 01/10/2025 Client provided COC 12/10 reflecting Title curative work to release lien found on the property report resulting in a Title examination fee of $100.00. | Condition Satisfied. | Numeric | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 61.64% LTV below guideline requirements of 70.00% per program. CFCFS1744: DTI below guideline requirement - Clayton Comments: 36.72% DTI is below guideline requirement of 45.00%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | ||
| 304633861 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property .21 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 65.61% below guideline requirements 75.00%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 39.05% below guideline requirement 45.00%. | |||||||||||||||||
| 304633860 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Please provide evidence that borrower acknowledged receipt of CD XXX days prior to consummation date of XXX | 01/15/2026 Client provided XXX for both reflecting CD 12/6 was sent and approved on 12/6. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 37.3 years current residence time CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 14.7 years current job time CFCFS5269: Minimal use of credit - Clayton Comments: 24% revolving credit line utilization CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 39 mos. mtg. payment history exceeds min. guideline requirement of 12 mos. | ||
| 304633860 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Credit | Title | Satisfied | D | A | D | A | CRDTIL796 | Missing Title | No | Missing Property Report/Title | 1.15.2025 Client provided Title Property Summary Report | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 37.3 years current residence time CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 14.7 years current job time CFCFS5269: Minimal use of credit - Clayton Comments: 24% revolving credit line utilization CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 39 mos. mtg. payment history exceeds min. guideline requirement of 12 mos. | ||
| 304633858 | XXXXXX | XXXXXX | NH | QM: Rebuttable Presumption (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | D | A | D | A | CRDTER4435 | Missing Condo/Co-op Certificate/Questionnaire | No | Missing condo questionnaire to determine eligibility for condo. | 1.28.2025 Client provided Detached unit - Waiver of Project Review approved, FNMA/FHLMC Classification. Project was approved Detached waiver. | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 682 exceeds guide lines. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 61.71% is below lender's guide line maximum of 75%. | ||
| 304633857 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been in the same residence for 21 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: Max allowed CLTV is 80% and the borrower has a CLTV of 19.467%. | |||||||||||||||||
| 304435770 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property >7 yeras. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 4093% below guideline requirement 45.00%. | |||||||||||||||||
| 304633856 | XXXXXX | XXXXXX | OR | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 62.06% is below maximum allowed of 75%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 39.76% is below maximum allowed of 45%. | |||||||||||||||||
| 304633855 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been owning the property for 22 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 40.99%, below guideline requirements 80.00%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 39.37 %, below guideline requirement | |||||||||||||||||
| 304633854 | XXXXXX | XXXXXX | OH | QM: Rebuttable Presumption (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | OH CSPA; Home Mortgage Information Document not provided | 01/15/2025 Client provided missing H CSPA; Home Mortgage Information Document disclosure dated 10/09. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 5.3 years current job time. CFCFS5269: Minimal use of credit - Clayton Comments: 5.00% revolving credit line utilization. | ||
| 304435766 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | D | A | D | A | CRDTIL796 | Missing Title | No | Missing Title | 10.8.2024 Client provided Title Property Report | Condition satisfied | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage Payment history of 0 X 30 over 61 months exceeds 12 month requirement CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same line of work for 6 Years | ||
| 304435765 | XXXXXX | XXXXXX | SC | QM: Rebuttable Presumption | QM: Rebuttable Presumption (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Missing verbal verification of employment for Borrower 2 for XXX that will be dated within 10 days prior to the Note date. | 10/16/2024 client provided a VVOE for B2 dated within 10 days of Note date. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 714 > is above guideline minimum credit score. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x57 exceeds mortgage history guidelines. CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession, 25 years. | ||
| 304435764 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 22 years and 1 month CFCFS1737: LTV below guideline requirements - Clayton Comments: 66.39% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 761 is 101 points above program guideline minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 39.02% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304633853 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 28 years at current residence. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 30 years in profession. CFCFS5269: Minimal use of credit - Clayton Comments: Borrower has a credit line usage ratio of 16%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 6 years 10 months at current job. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 740 is 80 points above the 660 FICO required for the program. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 41.03% is 43.97% below the 85% CLTV allowed for the program. | |||||||||||||||||
| 304435763 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been with current employer for 10 years and 11 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 22.28% DTI is below guideline maximum of 45%. CFCFS1737: LTV below guideline requirements - Clayton Comments: 60.78% CLTV is below guideline maximum of 75%. | |||||||||||||||||
| 304435762 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 66% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 41 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 14.83 years | |||||||||||||||||
| 304633852 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower been at current residence for 7 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 28 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has been at current job for 24 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 58.58% max per guidelines is 85%. | |||||||||||||||||
| 304636963 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have owned the subject property for 18 years 8 months. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-borrower has been with current employer since 8/22/1994. CFCFS1737: LTV below guideline requirements - Clayton Comments: 68.17% CLTV is 6.83% below the maximum allowable CLTV of 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 698 is 38 points above the minimum required score of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 39.03% DTI is below the maximum allowed DTI of 45%. | |||||||||||||||||
| 304633850 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC2408 | Income verification does not meet guidelines | No | File contains unsigned 1040s and 1120s (Borrower XXX). In lieu of a signature, personal tax transcripts and business tax transcripts for the corresponding year (s) may be provided. | 1.8.2025 Client provided copy of 2023/2022 1040's along with Transcripts for 2023/2022 1040's however still missing either business tax transcripts or signed 2023/2022 1120S 1.10.2025 Client provided a copy of the business 1120s returns however we are missing the signatures and date from borrower for these 2023/2022 1120s business returns. Condition remains for signatures and dated by borrowers, 1120S business returns.1.27.2025 Client provided 2023/2022 signed post close dated 1120S for XXX business | Condition satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 9.6 years current job time CFCFS2854: Significant time in profession - Clayton Comments: 9.6 years in same line of work/profession CFCFS2860: Good credit history - Clayton Comments: all accts. are paid as agreed. No collections, judgements, BK. | ||
| 304435760 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 6 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 64.14% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 729 is 69 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 41+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304636962 | XXXXXX | XXXXXX | HI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 717 exceeds guide lines. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 31.92 is below lender's guide lines maximum of 80%. | |||||||||||||||||
| 304435757 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property for 10 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for 13 years. | |||||||||||||||||
| 304633847 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | OH CSPA; Home Mortgage Information Document missing in file | 01/22/2025 Client provided missing OH CSPA; Home Mortgage Information Document with acknowledgement disclosed on 12/06. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 21 years, 10 months at current job. CFCFS1736: Significant time at current residence - Clayton Comments: 25 years, 10 months at current residence. | ||
| 304435756 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA858 | Natural Disaster Area, no subsequent inspection (Individual & Public) | No | No subsequent property inspection completed after the FEMA Disaster Declaration 4830 - XXX - date of declaration date 9/30/24. | 10/09/2024 client provided post disaster inspection reflecting no damage. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x40 exceeds mortgage history guidelines CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 713 > is above guideline minimum credit score. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI: 38.43% is 6.57 points below the guideline program minimum. | ||
| 304636961 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | B | A | A | A | A | A | B | A | B | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | B | A | B | A | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | File is missing documentation verifying amount of monthly HOA dues. Used $81.66 from 1008 for recalculations. | 1/30 Client provided AVM showing $81.66 HOA | Satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been with current employer since 11/20/1997. CFCFS1744: DTI below guideline requirement - Clayton Comments: 29.50% DTI is below the maximum allowed DTI of 45%. | ||
| 304435754 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | C | B | A | A | C | A | C | B | C | B | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Closing date 09/20/24. Initial CD date issued 09/17/24. No Confirmation of Receipt of Initial CD and no evidence in file for both title holders receiving initial CD w/ proof of delivery min 3 days prior to consummation. | 10/09/2024 Client provided XXX for both reflecting CD was sent and viewed on 9/17. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 797 FICO exceeds guideline of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: 33.21 DTI below guideline of 45. | ||
| 304435754 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | C | B | A | A | C | A | C | B | C | B | A | A | C | A | Credit | Terms/Guidelines | Waived | C | B | C | B | CRDTER4631 | Loan parameters do not meet guidelines | No | Per appraisal, subject was listed for sale from XXX to XXX. Properties listed for sale within six months of the application date are ineligible per guidelines. Application date 8/21/2024. | 10/23/2024 - Client provided LOE from the borrower dated 10/23/2024 stating they were going to sell but husband had a change of heart and they took the subject property off the market. | Upon further review by Senior underwriter, exception is deemed non-material. Verified subject property is still off the market as of 10/23/2024 and was removed prior to closing subject transaction. Final Grade B | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 797 FICO exceeds guideline of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: 33.21 DTI below guideline of 45. | ||
| 304636960 | XXXXXX | XXXXXX | AL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Missing Initial LE 12/13/2024. Only Revised LE 12/16/2024, LE 12/17/2024, LE 12/31/2024 were in file. | 01/31/2025 Client provided missing LE 12/13. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 73.11 is 6.89 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x90 exceeds mortgage history guidelines. | ||
| 304633846 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: The 66% CLTV is 19% below the maximum guideline requirement of 85%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The 720 credit score exceeds the 680 guideline minimum credit score by 40 points. | |||||||||||||||||
| 304633845 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 38.93% below guideline requirement CFCFS1737: LTV below guideline requirements - Clayton Comments: 64.56% CLTV below guideline requirements. Max CLTV 80.00% CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job, 26 years 10 months | |||||||||||||||||
| 304636959 | XXXXXX | XXXXXX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 58.21% LTV below guideline requirements of 85.00% per program. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 26 years and 6 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 16 years and 10 months. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 753 is 93 points above program guideline minimum of 660. | |||||||||||||||||
| 304435753 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | Missing Home Mortgage Information Document. | 10/08/2024 Client provided missing OH CSPA; Home Mortgage Information Document with Acknowledgment of disclosure on 8/6. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 21% is 24% below the max allowed DTI of 45%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 56% is 24% below the max LTV of 80% allowed per the program guidelines. | ||
| 304435753 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | $129.95 zero tolerance due to increase in Condo cert without a valid CoC. Requires CoC, or corrected PCCD, copy of refund check, LOX and verification of shipping. | 10/15/2024 Client provided COC 8/14 reflecting Property identified as a condo and required Condo docs ordered on 8/14. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 21% is 24% below the max allowed DTI of 45%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 56% is 24% below the max LTV of 80% allowed per the program guidelines. | ||
| 304435752 | XXXXXX | XXXXXX | IL | QM: Safe Harbor | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3552 | TRID - Loan Estimate not timely | No | Initial application was taken 9/3/24, the initial LE was not issued until 9/10/24. Greater than the required 3 days | 10/14/24 Client provided initial LE 9/3/24. Disclosure was tested with no issues. Condition satisfied | Condition satisfied | (No Data) | Not Applicable | CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job with 20.3 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower 1 has significant time in profession with 19.6 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines at 800 with a minimum credit score of 700. | ||
| 304633843 | XXXXXX | XXXXXX | CT | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 75%. Loan LTV is 70.87%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 696. | |||||||||||||||||
| 304633841 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP1307 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan), not dated | No | Missing RI Home Loan Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan). | 01/29/2025 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan) dated 12/20. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower at current job for 18.11 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-borrower at current job for 21.2 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: Max allowed DTI is 50% and the borrowers have a 22.97% DTI. | ||
| 304633841 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP1319 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost), not dated | No | Missing RI Home Loan Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost). | 01/29/2025 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost) dated 12/20. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower at current job for 18.11 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-borrower at current job for 21.2 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: Max allowed DTI is 50% and the borrowers have a 22.97% DTI. | ||
| 304633841 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | D | A | D | A | CMPSTCP1297 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan), not in file | No | Missing RI Home Loan Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan). | 01/29/2025 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (Home Loan) dated 12/20. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower at current job for 18.11 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-borrower at current job for 21.2 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: Max allowed DTI is 50% and the borrowers have a 22.97% DTI. | ||
| 304633841 | XXXXXX | XXXXXX | RI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | D | A | D | A | CMPSTCP1309 | RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost), not in file | No | Missing RI Home Loan Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost). | 01/29/2025 Client provided missing RI Home Loan - Prohibited Acts of Lenders and Loan Brokers Disclosure (High Cost) dated 12/20. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower at current job for 18.11 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-borrower at current job for 21.2 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: Max allowed DTI is 50% and the borrowers have a 22.97% DTI. | ||
| 304435750 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Missing XXX in file to verify lender's ATR/QM status determination | 10.9.2024 Client provided updated XXX w/QM Safe Harbor | Condition satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 16 years and 5 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 40 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 64.71% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 766 is 106 points above program guideline minimum of 660. | ||
| 304636957 | XXXXXX | XXXXXX | TX | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Missing T.42 Title Endorsement | 01/30/25 Client provided an approved exception for missing T.42 Endorsement | Initial and final grade 2/B | (No Data) | Not Applicable | CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 20.2 years current job time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 42 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS2854: Significant time in profession - Clayton Comments: CB has 20.3 years in same line of work/profession | ||
| 304636957 | XXXXXX | XXXXXX | TX | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42.1 Title Endorsement | 01/30/25 Client provided an approved exception for missing T.42.1 Endorsement | Initial and final grade 2/B | (No Data) | Not Applicable | CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 20.2 years current job time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 42 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS2854: Significant time in profession - Clayton Comments: CB has 20.3 years in same line of work/profession | ||
| 304633840 | XXXXXX | XXXXXX | CA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 691 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 26.02 DTI below guideline of 45. | |||||||||||||||||
| 304633839 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/16/2025 Client provided XXX for each reflecting CD 12/20 was sent and completed on 12/20. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 786 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 56.51% 33.49 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x52 exceeds mortgage history guidelines. | ||
| 304633838 | XXXXXX | XXXXXX | FL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower at current job for 32.3 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: Max allowed CLTV is 80% and the borrower has a 74.978% CLTV. | |||||||||||||||||
| 304435748 | XXXXXX | XXXXXX | VA | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: The borrower has been with the employer for 17 years 2 months. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The middle credit score is 714 and guidelines allow the credit score to be 700 CFCFS1749: Additional documented income not used in qualifying - Clayton Comments: B: XXX from XXX = $359.42; however, this income was not used to qualify for the mortgage. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The mortgage payment history is 0x30 in 44 months and guidelines require 0x30 in 24 months. | |||||||||||||||||
| 304633837 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower been at current residence for 18 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Co-Borrower has been at current job for 9 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 34.84% max per guidelines is 45%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 35.02% max per guidelines is 85%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower FICO score is 758 max per guidelines is 720. | |||||||||||||||||
| 304633836 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers' have resided at current residence for 6.30 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: B2 is a XXX for 18.50 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The CLTV of 68.80% is 6.20% < maximum CLTV of 75.00%. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrowers' have positive mortgage history of 15/47 months @ 0 x 30. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers median credit score of 681 is 21 more points than minimum required score of 660. | |||||||||||||||||
| 304633835 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x33 exceeds mortgage history guidelines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job, 13 years. | |||||||||||||||||
| 304435746 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Property Valuations | FEMA | Satisfied | A | A | A | A | PRVAFEMA221 | Natural Disaster Area, Subseq inspect prior to Disaster (Individual) | No | Natural disaster area declared on 9/30/24 with effective date 12/31/2099 for XXX. | Property inspection report dated 10/16/24 indicates no apparent damage. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 770 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 8 years at current job. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 26.87% is below lender's guide line maximum of 45%. | ||
| 304633833 | XXXXXX | XXXXXX | WI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/17/2025 Client provided a XXX reflecting Non-Borrower was sent and viewed CD 12/09. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 784 exceeds guide lines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 29.52% is below lender's guide line maximum of 45%. | ||
| 304633831 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/14/2025 Client provided a XXX for the Non-Borrower reflecting cd Sent on 12/13 and Completed on 12/14. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS5269: Minimal use of credit - Clayton Comments: 19% revolving credit line utilization CFCFS1736: Significant time at current residence - Clayton Comments: 16 years current residence time CFCFS2854: Significant time in profession - Clayton Comments: 29 years in same line of work/profession | ||
| 304435745 | XXXXXX | XXXXXX | LA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 10/16/2024 Client provided an Initial Closing Disclosure tracking reflecting the Initial CD was also sent via XXX on 9/23. Mail rule applies and allows for closing on or after 9/29. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower is a XXX for 31.10 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The CLTV of 56.18% is 13.82% < maximum CLTV of 70.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers median credit score of 720 is 60 more points than minimum required score of 660. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower has positive mortgage history of 10/261 months @ 0 x 30. | ||
| 304435743 | XXXXXX | XXXXXX | SD | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Clayton status reflect QM status as Non-QM. Lender reflects QM Safe Harbor APOR. The test APR is 9.677%, the benchmark APR is 6.040 resulting in a difference of 3.637%, max difference allowed is 3.50%. Using benchmark date of 9/27/2024 for bona-fide discount points. | 10/23/2024 client provided a XXX reflecting status as Non-QM. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 11 Years CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same line of work for 24 Years | ||
| 304633830 | XXXXXX | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | D | B | D | A | A | A | B | B | D | B | D | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | TX Equity - Texas Equity : Missing T.42 Title Endorsement | Client acknowledged missing Texas endorsement | Clayton's grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 73.97 is less than max of 85. CFCFS1745: Significant total monthly debt reduction - Clayton Comments: Reducing outgo by $1,837 a month. | ||
| 304633830 | XXXXXX | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | D | B | D | A | A | A | B | B | D | B | D | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | Client acknowledged missing Texas endorsement | Clayton's grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 73.97 is less than max of 85. CFCFS1745: Significant total monthly debt reduction - Clayton Comments: Reducing outgo by $1,837 a month. | ||
| 304633830 | XXXXXX | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | D | B | D | A | A | A | B | B | D | B | D | A | A | A | B | B | Credit | Title | Satisfied | D | A | D | A | CRDTIL796 | Missing Title | No | Provide property report/title | 1.22.2024 Client provided Title Property Summary Report | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 73.97 is less than max of 85. CFCFS1745: Significant total monthly debt reduction - Clayton Comments: Reducing outgo by $1,837 a month. | ||
| 304633829 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 791 credit score exceeds the guideline minimum requirement of 660 by 131 points. CFCFS1737: LTV below guideline requirements - Clayton Comments: The 41% CLTV is 49% below the maximum guideline requirement of 90% | |||||||||||||||||
| 304435742 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 10 years. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x44 exceeds mortgage history guidelines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI: 38.28% is 6.72 points below the guideline program minimum. | |||||||||||||||||
| 304633828 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 22 years at current job. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 74.97% below guideline requirements 85.00%. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property > 11 years. | |||||||||||||||||
| 304633827 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has resided at current residence for 7.50 years. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower has positive mortgage history of 11/40/35 months @ 0 x 30. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers median credit score of 745 is 85 more points than minimum required score of 660. | |||||||||||||||||
| 304633826 | XXXXXX | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | No evidence on Title or final cd in file of the T.42 Title Endorsement present. | 1/20/25 Client provided an approved exception for missing T.42 Endorsement. | Initial and final grade 2/B | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 36.59% below guideline requirement CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 11 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current XXX, 6 years | ||
| 304633826 | XXXXXX | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | No evidence on Title or final cd in file of the T.42.1 Title Endorsement present. | 1/20/25 Client provided an approved exception for missing T.42.1 Endorsement. | Initial and final grade 2/B | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 36.59% below guideline requirement CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 11 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current XXX, 6 years | ||
| 304633825 | XXXXXX | XXXXXX | CA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/17/2025 Client provided XXX For Borrower and the 3rd Signer on the Mortgage. Condition remains for the 2nd signer on Mortgage in evidence of receipt of the Initial CD 12/16 minimum 3 days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing.01/17/2025 Client provided a disclosure history reflecting Docs were sent to the Non-Borrowers via XXX. 3 days for delivery and 3 days waiting period allows for closing on or after 12/22. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Consumer credit paid 0x30 reporting up to 81 months. | ||
| 304435739 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 784 exceeds guide lines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 24.97% is below lender's guide lines maximum of 45%. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-borrower has stable employment with 23 years at current job. | |||||||||||||||||
| 304633824 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | OH CSPA; Home Mortgage Information Document not provided | 01/22/2025 Client provided missing OH CSPA; Home Mortgage Information Document with acknowledgement disclosed on 12/11. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 65% below guideline requirements of 75% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 59 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 18.83 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 19.83 years | ||
| 304633823 | XXXXXX | XXXXXX | OR | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been owning the property for 20 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 22.69% below guideline requirement 45.00%. | |||||||||||||||||
| 304633822 | XXXXXX | XXXXXX | PA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: Maximum DTI allowed is 45%. Loan DTI is 32.34%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 700. Loan credit score is 717. | |||||||||||||||||
| 304633821 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 59.12% is less than max of 85%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 39.32% is less than max of 45%. | |||||||||||||||||
| 304636955 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 33.49% max per guidelines is 45%. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower been at current residence for 10 years. | |||||||||||||||||
| 304633820 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 6 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 13 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 61.78% max per guidelines is 75%. | |||||||||||||||||
| 304636953 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 45.86 is less that the max of 90. CFCFS1736: Significant time at current residence - Clayton Comments: 26+ years in current residence. | |||||||||||||||||
| 304435737 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Please provide evidence that borrower acknowledged receipt of CD 9/17/24 3 days prior to consummation date of XXX | 10/14/24 Client provided confirmation initial CD 9/17/24 was emailed the same date and also mailed via XXX on 9/20/24. Condition satisfied | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower at current residence for 19 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower at current profession for 20.9 years. | ||
| 304435736 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 12 years 3 months CFCFS1744: DTI below guideline requirement - Clayton Comments: Max allowed DTI is 50% and the borrowers have a 38.836% DTI. | |||||||||||||||||
| 304633819 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3640 | TRID - CD: Zero tolerance fee or fees increased at or prior to closing without a valid reason or the revised LE/CD was not timely disclosed; insufficient credit or refund provided | No | Zero tolerance in the amount of $100.00 as Title Examination fee was added without a valid COC in file. Condition pending receiving a valid Change of Circumstances or Post CD reflecting lenders cure, LOX, a copy of refund and proof of delivery via shipping that includes tracking information. | 01/24/2025 Client provided a COC 10/24 reflecting Updated Title to clear the UCC issue resulting in addition of Title Exam fee. | Condition Satisfied. | Numeric | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 32 years at current job. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 772 exceeds guide lines. | ||
| 304633818 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Missing Final CD hand signed by the borrower at closing. | 01/13/2025 Client provided missing Final CD e-signed on 12/20/2024. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 32.27% is below lender's guide lines maximum of 45%. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for 40 years. | ||
| 304435733 | XXXXXX | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | B | A | C | A | C | A | A | A | B | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2700 | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | No | Application date 7/16/2024. Home Owners Counseling Organizations dated 7/31/2024. | 10/03/2024 Client provided the missing List of homeowners counseling organizations dated 7/16. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 74.15% LTV below guideline requirements of 80.00% per program. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 5 years and 1 month CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 17 years and 8 months. | ||
| 304435733 | XXXXXX | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | B | A | C | A | C | A | A | A | B | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | File contains a QM worksheet but the worksheet does not indicate a QM status. Clayton determination is Non QM due to exceeding the Fees Test Threshold | 10.8.2024 Client provided Mavent w/Non QM status | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 74.15% LTV below guideline requirements of 80.00% per program. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 5 years and 1 month CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 17 years and 8 months. | ||
| 304636952 | XXXXXX | XXXXXX | CT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 37.81 is less that the max of 75. CFCFS2854: Significant time in profession - Clayton Comments: Currently has 29+ years in profession. | |||||||||||||||||
| 304636951 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 28 years CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 15 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 48.38% LTV below guideline requirements of 85.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 744 is 84 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 90+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304636950 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | D | A | D | A | CMPSTCP2057 | Illinois Pred Lend Database - No Cert of Compliance or Cert of Exemption in file | No | Illinois Pred Lend Database - No Cert of Compliance or Cert of Exemption in file | 01/31/2025 Client provided missing Illinois Pred Lend Database - No Cert of Compliance. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 64.93 is less than max of 85. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 26.36 is less than the max of 45. | ||
| 304633815 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 69.30% is 15.70 points below the guideline program minimum. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 5 years. | |||||||||||||||||
| 304633813 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | A Title Exam fee was added to the Initial CD dated 12/13/2024 and paid to the affiliate with no COC in file. Need evidence of change of circumstance letter or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information | 01/24/2025 Client provided COC 12/10 reflecting Title update due to Clear/Terminate the UCC found on Property Summary report with resulting Title exam fee. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 758 exceeds guide lines. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 32.91% is below lender's guide line maximum of 80%. | ||
| 304435730 | XXXXXX | XXXXXX | MD | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 74% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 89 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 30.08 years | |||||||||||||||||
| 304633812 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Missing evidence in file both title holder have received initial CD 12/12/2024 min 3 days prior to closing. | 01/06/2025 Client provided evidence that Borrower and LO completed Initial CD. Condition remains. Provide evidence for Co-Borrower's receipt of Initial CD. 01/09/2025 Client provided XXX for Non-Borrower reflecting CD Completed on 12/12. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 680 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 40.50 DTI below guideline of 45. | ||
| 304435728 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2698 | RESPA - List of homeowners counseling organizations not in file | No | List of Homeownership Counseling Organization is missing from file. | 10/07/2024 Client provided a missing List of homeowners counseling organizations dated 8/14. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job with 13.1 years. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history exceeds guidelines with no late payments for the past 36 months or more. | ||
| 304636949 | XXXXXX | XXXXXX | OR | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 6 years and 7 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 61.81% LTV below guideline requirements of 90.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 767 is 118 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304636948 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP4383 | MI Home Loan - No Evidence that Michigan Home Loan Toolkit was delivered to the borrower | No | The file does not contain a copy of the Michigan Home Loan Toolkit. | 01/31/2025 Client provided Initial Disclosure acknowledging Tool kit 12/14. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 61.91% below guideline requirements 80.00%. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been owning the property > 25 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 41.69% below guideline requirement 45.00% | ||
| 304633809 | XXXXXX | XXXXXX | FL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 70.90% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying credit score 734 | |||||||||||||||||
| 304633808 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Missing T.42 Title Endorsement | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 675 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 32.90 DTI below guideline of 45. | ||
| 304633808 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42.1 Title Endorsement | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 675 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 32.90 DTI below guideline of 45. | ||
| 304435727 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 771 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 26.92 DTI below guideline of 45. | |||||||||||||||||
| 304435725 | XXXXXX | XXXXXX | DE | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | 2023 and 2022 1040s to be signed and dated | 10.22.2024 Client provided 2023/2022 1040 Transcripts dated prior to closing | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 31.56% below 75% max CFCFS1736: Significant time at current residence - Clayton Comments: 26+ years | ||
| 304633806 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Initial CD 12/19/24 was issued to non-borrowing spouse but file is missing confirmation of receipt min 3 days prior to closing. | 01/21/2025 Client provided XXX for both reflecting CD was sent and completed 12/19. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been in current residence for 24.2 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 12 + years. | ||
| 304435723 | XXXXXX | XXXXXX | GA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | B | A | A | C | B | C | B | C | B | A | A | C | B | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Title Notary Fee $50.00 paid to affiliate added to the CD without a valid reason, zero tolerance required for $50.00. Provide a letter of explanation, corrected Closing Disclosure, refund, proof of delivery within 60 days of consummation. | 10/17/2024 Client provided COC 9/26 reflecting Notary fee due to Borrower stating the need for a witness. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 738 FICO exceeds guideline of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: 21.36 DTI below guideline of 45. | ||
| 304435723 | XXXXXX | XXXXXX | GA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | B | A | A | C | B | C | B | C | B | A | A | C | B | C | B | Property Valuations | Property | Waived | C | B | C | B | PRVAPROP277 | Currently Listed for Sale | No | AVM shows subject property was listed from 3/24/2024 to 5/15/2024. Application date 8/26/2024. Properties listed for sale within six months of the application date are ineligible per guidelines. | 10/16/2024 client provided an approved exception for property being listed for sale within 6 months of application date. | Upon further review by Senior UW exception is deemed non-material. File contains evidence borrower moved back into the subject property 3 months prior to closing. Final grade B. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 738 FICO exceeds guideline of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: 21.36 DTI below guideline of 45. | ||
| 304435722 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Missing Lenders ATR QM Status Determination | 10.9.2024 Client provided XXX w/QM Safe Harbor | Condition satisfied | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 38.07% is below maximum allowed of 45% CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 40.44% is below maximum allowed of 80% | ||
| 304435721 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 109 points higher than 700 minimum CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 6.68% lower than 80% max | |||||||||||||||||
| 304633805 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 27.38 is less than the max of 85. CFCFS1736: Significant time at current residence - Clayton Comments: Owned home for 35+ years. | |||||||||||||||||
| 304633804 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 80% below guideline requirements of 85% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 74 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 40% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 6 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 9.08 years | |||||||||||||||||
| 304435719 | XXXXXX | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Fees exceed allowable threshold of 3.50% | 10/15/2024 client provided a XXX report reflecting Non-QM. | Condition satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for 10 years. | ||
| 304633803 | XXXXXX | XXXXXX | NV | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 63.94 is less than max of 75. CFCFS1736: Significant time at current residence - Clayton Comments: In current residence 9 years. | |||||||||||||||||
| 304435717 | XXXXXX | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Lender provided a QM worksheet but it did not indicate a QM status. Clayton determination is NON QM due to points and fees. | 10/15/2024 client provided a XXX reflecting Non-QM. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 53% is 17% below the max CLTV of 70% allowed per the program guidelines. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 11yrs which is 10yrs more than the required minimum. | ||
| 304435715 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | A | A | A | A | D | B | D | B | A | A | A | A | D | B | Compliance | Compliance Manual | Satisfied | D | B | D | B | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 10/08/2024 Client requested Satisfy 2B as unable to provide proof Non-Borrower received. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 23 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: 68.16% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 811 is 151points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 36.82% DTI is below guideline requirement of 45.00%. | ||
| 304636944 | XXXXXX | XXXXXX | MS | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 35.78% is below lender's guide line maximum of 45%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 57.28% is below lender's guide line maximum of 75%. | |||||||||||||||||
| 304435714 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | B | A | D | A | D | A | A | A | B | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2698 | RESPA - List of homeowners counseling organizations not in file | No | RESPA - List of homeowners counseling organizations is not in file. | 10/07/2024 Client provided missing List of homeowners counseling organizations dated 8/26. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV actual 61.87 less than max 75. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI actual 37.95 is less than 45 max. | ||
| 304435714 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | B | A | D | A | D | A | A | A | B | A | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR848 | Missing Hazard Insurance | No | Provide insurance | 10.7.2024 Client provided HOI Policy for subject property | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV actual 61.87 less than max 75. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI actual 37.95 is less than 45 max. | ||
| 304435713 | XXXXXX | XXXXXX | NY | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 12 Years at Current Residence CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 12 Years in Current Profession CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrower Has Good Mortgage payment history with 0 Late Payments < 24 Months | |||||||||||||||||
| 304633800 | XXXXXX | XXXXXX | IN | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 17.10 years current job time CFCFS5269: Minimal use of credit - Clayton Comments: 20% revolving credit line utilization CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 24 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 22.53% is below max allowable per guidelines of 45% | |||||||||||||||||
| 304435712 | XXXXXX | XXXXXX | WA | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Primary borrower has owned business for 8 years 4 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 34.14 below max 45. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 66.38 below max 80 | |||||||||||||||||
| 304633799 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | D | A | D | A | CRDTER4435 | Missing Condo/Co-op Certificate/Questionnaire | No | Missing condo warrantable approval form from FNMA/ Freddie or Condo Project Manager (CPM) Project Eligibility Reviews Service. | 1.10.2025 Client provided LOX stating, The unit is a detached unit and therefore is eligible for a waiver of project review and provided copy of Association Questionnaire | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 43.59% is 36.41 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x33 exceeds mortgage history guidelines. | ||
| 304633798 | XXXXXX | XXXXXX | IL | QM: Rebuttable Presumption (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 13 years and 8 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 68.99% LTV below guideline requirements of 75.00% per program. CFCFS1744: DTI below guideline requirement - Clayton Comments: 36.27% DTI is below guideline requirement of 45.00%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 48+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304633797 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/22/2025 Client provided Disclosure history reflecting the CD was sent via XXX on 12/12. Mail rule applies with 3 days for delivery and 3 day waiting period allowing for the earliest closing date 12/19. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 36.63 is less than max of 45. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 59.71 is less than the max of 75. | ||
| 304636943 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 64.87 is less that the max of 75. CFCFS1734: Borrower has significant time at current job - Clayton Comments: On current job since 6/1/2001. | |||||||||||||||||
| 304633796 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2642 | Missing proof that HELOC has been paid and closed to future draws | No | XXX acct. #XXX. Missing proof HELOC acct. has been closed. | 1.28.2025 Client provided executed by borrower requesting closure of HELOC w/XXX | Condition satisfied | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 21 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS2860: Good credit history - Clayton Comments: deep credit file with all accts. paid as agreed. No collections, judgements, BK | ||
| 304435709 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 17 years and 3 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 5 years and 6 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 63.84% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 779 is 119 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 38+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304636942 | XXXXXX | XXXXXX | GA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2642 | Missing proof that HELOC has been paid and closed to future draws | No | Missing proof that the XXX HELOC has been closed to future draws. | 1.31.2025 Client provided executed by borrower requesting closure of HELOC w/XXX | Condition satisfied | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: 25.85 DTI below guideline of 45. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x40 mortgage payment history exceeds guideline of 0x30x12. | ||
| 304636941 | XXXXXX | XXXXXX | NJ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property for 9 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 59.99% below guideline requirements 75.00%. | |||||||||||||||||
| 304633794 | XXXXXX | XXXXXX | UT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has resided at current residence for 9 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The CLTV of 67.84% is 7.16% < maximum CLTV of 75.00%. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower has positive mortgage history of 22/18/16 months @ 0 x 30. CFCFS1744: DTI below guideline requirement - Clayton Comments: The back end DTI of 36.38% is 8.62% < maximum DTI of 45.00%. | |||||||||||||||||
| 304636940 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 744 FICO exceeds guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 39.94 DTI below guideline of 45. | |||||||||||||||||
| 304636939 | XXXXXX | XXXXXX | IA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 10 years at current job CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property for 6 years. | |||||||||||||||||
| 304435706 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | OH CSPA; Home Mortgage Information Document not provided | 10/22/2024 Client provided missing OH CSPA; Home Mortgage Information Document with acknowledgement disclosure dated 7/25. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 13 points higher than 660 min CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 19.93% lower than 70% max | ||
| 304633793 | XXXXXX | XXXXXX | MN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 18 years and 2 months. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 9 years and 7 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: 54.80% LTV below guideline requirements of 90.00% per program. CFCFS1744: DTI below guideline requirement - Clayton Comments: 29.17% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304636937 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 51.03% below guideline requirements 85.00%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 39.97% below guideline requirement 45.00%. | |||||||||||||||||
| 304435702 | XXXXXX | XXXXXX | NV | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 17 years at current residence. CFCFS1734: Borrower has significant time at current job - Clayton Comments: 19 years, 1 month at current job. CFCFS1737: LTV below guideline requirements - Clayton Comments: 29.09% CLTV; 80% max allowed. | |||||||||||||||||
| 304435701 | XXXXXX | XXXXXX | CA | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2860: Good credit history - Clayton Comments: Borrower has no history of late payments CFCFS1737: LTV below guideline requirements - Clayton Comments: Max CLTV 80%, current CLTV 58% CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower on job over 30 years | |||||||||||||||||
| 304633792 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 36% CLTV is 49% below the guideline maximum of 85%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The 757 credit score exceeds the guideline minimum credit score of 660 by 97 points. | |||||||||||||||||
| 304435699 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | D | A | D | A | CRDCRMH149 | Missing support docs for VOM/VOR (e.g. cancelled checks) | No | Missing 1st lien mortgage information. | 10/16/2024 client provided 1st lien information. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property>20 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 726 exceeds guidelines 700. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 60.96% below guideline requirements 80% | ||
| 304435698 | XXXXXX | XXXXXX | PA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Clayton status reflect QM status as QM Rebuttable Presumption (APOR). Lender reflects QM Safe Harbor APOR. The test APR is 10.245%, the benchmark APR is 6.040 resulting in a difference of 4.205%, max difference allowed is 3.50% | 10/09/2024 client provided a XXX which shows QM: RP. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 6 years CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 36.26% max per guidelines is 45%. | ||
| 304636935 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 80% LTV is 10% below the maximum allowed CLTV of 90%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 777 credit score exceeds the guideline minimum 680 credit score by 97 points. | |||||||||||||||||
| 304633789 | XXXXXX | XXXXXX | HI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 746 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment 9 years at current job. | |||||||||||||||||
| 304636934 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been owning the property for 25 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 58.13% below guideline requirements 80.00% | |||||||||||||||||
| 304633787 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 686 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 18 years at current job. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 33.89% is below lender's guide lines maximum of 45%. | |||||||||||||||||
| 304633786 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 775 qualifying score CFCFS1739: Positive mortgage payment history - Clayton Comments: 0 x 30 > 36 months CFCFS1734: Borrower has significant time at current job - Clayton Comments: > 12 years at current job | |||||||||||||||||
| 304633785 | XXXXXX | XXXXXX | MO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 70% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 91 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 35% below guideline requirement of 45% | |||||||||||||||||
| 304633784 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | B | A | C | A | C | A | A | A | B | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2698 | RESPA - List of homeowners counseling organizations not in file | No | List of homeowners counseling organizations not in file | 01/10/2025 Client provided missing List of homeowners counseling organizations dated 10/18. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 745 exceeds guidelines 720 CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 45.32% below guideline requirements 85.00% CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property > 7 years. | ||
| 304633784 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | B | A | C | A | C | A | A | A | B | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing signed Form 4506 & Taxpayer consent form. | 1.9.2025 Client provided executed 4506C and executed taxpayer consent form | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 745 exceeds guidelines 720 CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 45.32% below guideline requirements 85.00% CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property > 7 years. | ||
| 304633783 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 11 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 66.65% LTV below guideline requirements of 75.00% per program. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 39.20% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304633782 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers in residence for 14.1 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: Max allowed CLTV is 80% and the borrowers have a 44.176% CLTV. | |||||||||||||||||
| 304633781 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 704 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 41.74 DTI below guideline of 45. | |||||||||||||||||
| 304633780 | XXXXXX | XXXXXX | MT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 715 Score exceeds program MIn CFCFS1736: Significant time at current residence - Clayton Comments: 9 years at current home CFCFS2854: Significant time in profession - Clayton Comments: B1 has 26 years B2 has 10 years in the same Profession | |||||||||||||||||
| 304636931 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | (No Data) | |||||||||||||||||
| 304636930 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 28.06 is less than the max of 45. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 47.18 is less that the max of 90. | |||||||||||||||||
| 304633777 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2700 | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | No | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | 01/23/2025 Client provided missing List of homeowners counseling organizations dated 8/23. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 36% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 36 years | ||
| 304633777 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | OH CSPA; Home Mortgage Information Document not provided | 01/23/2025 Client provided missing OH CSPA; Home Mortgage Information Document. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 36% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 36 years | ||
| 304633777 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP118 | OH CSPA; Home Mortgage Information disclosure not timely | No | Triggered due to review of OH CSPA; Home Mortgage Information disclosure. Acknowledgements for OH CSPA; Home Mortgage Information disclosure are dated 10/16. Provide Acknowledgements dated by 8/26/2024. | 01/29/2025 Client provided missing OH CSPA; Home Mortgage Information Document with acknowledgement disclosed on 8/23. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 36% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 36 years | ||
| 304633777 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3552 | TRID - Loan Estimate not timely | No | Initial application was taken 8/20/2024, the initial LE was not issued until 09/25/2024. Greater than the required 3 days | 01/23/2025 Client provided missing Initial LE 8/23. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 36% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 36 years | ||
| 304633776 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS5269: Minimal use of credit - Clayton Comments: 20% revolving credit line utilization CFCFS1736: Significant time at current residence - Clayton Comments: 7 years current residence time | |||||||||||||||||
| 304633775 | XXXXXX | XXXXXX | NC | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance in amount of $100 as Title Examination fee paid to Affiliate was added on LE 12/4/24 with no valid reasons documented on COC 12/4/24. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information. | 01/21/2025 Client provided COC 12/04 reflecting Title update due to UCC to be cleared indicated on Property report resulting in Exam fee added. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: 36.63% DTI. 45% maximum. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for 7 years | ||
| 304636929 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 743 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 75.61 is 9.39 points below the guideline program minimum. | |||||||||||||||||
| 304435681 | XXXXXX | XXXXXX | OH | QM: Safe Harbor | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | Missing OH Home Mortgage Information Document. | 10/16/2024 OH CSPA; Home Mortgage Information Document with acknowledgement disclosure dated 9/18. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: The borrower has been with the employer for 9 years 3 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: The HCLTV is 68.28% and guidelines allow the HCLTV to be 75% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The minimum credit score is 690 and guidelines allow the credit score to be 680. | ||
| 304435681 | XXXXXX | XXXXXX | OH | QM: Safe Harbor | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Please provide evidence that borrower acknowledged receipt of CD 3 days prior to consummation date of XXXProvide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. | 10/16/2024 Client provided XXX for both reflecting CD sent and viewed 9/26. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: The borrower has been with the employer for 9 years 3 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: The HCLTV is 68.28% and guidelines allow the HCLTV to be 75% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The minimum credit score is 690 and guidelines allow the credit score to be 680. | ||
| 304633773 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance due to Title update fee $30 added to revised LE 06/26/24. No COC listing fee amount or additional details as to why fee was added. No cure provided on borrower final CD prior to close. Condition pending receipt detailed COC with fee addition validated or Post CD reflecting lenders cure, LOX, Refund of $30 w/ Proof of Delivery. | 01/14/2025 Client provided COC 6/25 reflecting Lock extension and the Property Summary Report to expire prior to Closing/Disbursement, Title update fee required to address the issue. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 50% below guideline requirements of 75% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 48 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 38.37% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 33 years | ||
| 304633772 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2700 | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | No | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | 01/15/2025 Client provided missing List of homeowners counseling organizations dated 10/30. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Owned current residence 17+ years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 38.50 is less than max of 75. | ||
| 304633772 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | Missing OH Home Mortgage Information Document. | 01/14/2024 Client provided the missing Home Mortgage Information Document disclosure dated 11/1. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Owned current residence 17+ years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 38.50 is less than max of 75. | ||
| 304633771 | XXXXXX | XXXXXX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/17/2025 Client provided XXX for both reflecting CD sent and Completed on 12/24. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 63.72 is less than 75. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 40.61 is less than 45. | ||
| 304633770 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: Co-Borrower has been in the same line of work for 7 Years CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 67.60% is below maximum allowed of 75% | |||||||||||||||||
| 304633769 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 799 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 10 years at current job. | |||||||||||||||||
| 304636926 | XXXXXX | XXXXXX | WV | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: 38.46 DTI below guideline of 45. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x62 mortgage payment history exceeds guideline of 0x30x12. | |||||||||||||||||
| 304435675 | XXXXXX | XXXXXX | WA | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 800 exceeds guidelines 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 28.91% below guideline requirement 45.00%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 49.68% below guideline requirements 80.00%. | |||||||||||||||||
| 304633766 | XXXXXX | XXXXXX | AL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 18 years at current job. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 735 exceeds guide lines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 32.61% is below lender's guide lines maximum of 45%. | |||||||||||||||||
| 304435674 | XXXXXX | XXXXXX | GA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA4817 | Natural Disaster Area, Subseq inspect prior to Disaster (Individual & Public) | No | Condition Triggered 10.8.2024 Client provided Post Disaster Inspection dated 9.27.2024 with no damage along with exterior photos however Effective date of XXX was 9.30.2024; Provide inspection dated after 9.30.2024 | 10/14/2024 client provided a post disaster inspection dated 10/08/2024. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 16 years and 11 months. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job; 7 years and 11 months. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 729 is 29 points above program guideline minimum of 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 52 months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | ||
| 304435674 | XXXXXX | XXXXXX | GA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA858 | Natural Disaster Area, no subsequent inspection (Individual & Public) | No | FEMA Disaster Declarations on 09/24/2024 and effective from 08/20/2024 due to XXX in the Area. Provide post-disaster interior and exterior property inspection report. May be subject to additional conditions upon review. | 10.8.2024 Client provided Post Disaster Inspection dated 9.27.2024 with no damage along with exterior photos | Condition satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 16 years and 11 months. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job; 7 years and 11 months. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 729 is 29 points above program guideline minimum of 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 52 months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | ||
| 304633765 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | (No Data) | |||||||||||||||||
| 304633764 | XXXXXX | XXXXXX | UT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 695 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 22.19 DTI below guideline of 45. | |||||||||||||||||
| 304435672 | XXXXXX | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 30 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 5 years. | |||||||||||||||||
| 304435670 | XXXXXX | XXXXXX | IN | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 702 FICO exceeds guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 40.65 DTI below guideline of 45. | |||||||||||||||||
| 304636924 | XXXXXX | XXXXXX | FL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 11/26/2024 Client provided XXX for both reflecting CD sent 11/7, signed by Borrower 11/7 and viewed by Non-Borrower 11/8. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 7 years and 9 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 34.90% DTI is below guideline requirement of 45.00%. | ||
| 304633762 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | B | A | A | A | C | A | C | A | B | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Closing date XXX. Initial CD not provided. Condition pending receipt initial CD w/ proof of delivery at least 3 days prior to consummation. | 01/10/2025 Client provided Disclosure History reflecting a CD sent originally on 11/26, no verification of receipt. CD sent again via XXX on 12/2. Provide the Initial CD dated 11/26 as it is missing from the file. Additional Conditions may apply. 01/13/2025 Client provided missing Initial CD 11/26. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 740 exceeds guidelines CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 10 years 6 months CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current XXX, 11 years | ||
| 304633762 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | B | A | A | A | C | A | C | A | B | A | A | A | C | A | Credit | Income/Employment | Satisfied | B | A | B | A | CRDINC2408 | Income verification does not meet guidelines | No | XXX Borrower 1. File have 2023/2022 1120S business returns however not signed/dated. Provide signed dated 1120S 2023/20222. Regarding 1120S line #5 Other Income, reflected on both years however not reflected on YTD October 2024 P/L and was not considered in income calculation, missing LOX from borrower stating if this is ongoing other income. | 1.13.2025 Client provided pg 1 of 1120S 2023/2022 signed and (post close dated) with file having 1040 transcripts. Condition remains for signed LOX from borrower regarding 1120S line #5 other income as being ongoing/continuing income, was not considered in income calculation. 1.15.2025 Client provided LOX stating YTD P/L do reflect other income. | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 740 exceeds guidelines CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 10 years 6 months CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current XXX, 11 years | ||
| 304633761 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 59.54% max per guidelines is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 38.92% max per guidelines is 45%. | |||||||||||||||||
| 304633760 | XXXXXX | XXXXXX | TX | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Missing T.42 Title Endorsement. | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x44 exceeds mortgage history guidelines. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 713 > is above guideline minimum credit score. | ||
| 304633760 | XXXXXX | XXXXXX | TX | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42.1 Title Endorsement. | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x44 exceeds mortgage history guidelines. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 713 > is above guideline minimum credit score. | ||
| 304633760 | XXXXXX | XXXXXX | TX | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3676 | TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation. | No | Need evidence of change of circumstances letter for Ten Percent tolerance. Recording Fee initial CD $207.00 increased to $307.00 on Final CD. Total difference $61.70. Missing a valid Change of Circumstance, a Post Close CD, LOX and a refund check to borrower. | 01/28/2025 Client provided PCCD 1/27 with Principal Reduction, LOE and copy of loan transaction history reflecting payment applied. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x44 exceeds mortgage history guidelines. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 713 > is above guideline minimum credit score. | ||
| 304633759 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 21.1 years current residence time CFCFS1734: Borrower has significant time at current job - Clayton Comments: 20 years current job time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 53 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. | |||||||||||||||||
| 304636923 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 33.11% is less than the max of 45%. CFCFS1736: Significant time at current residence - Clayton Comments: Owned subject 8+ years. | |||||||||||||||||
| 304633755 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been owning the property for 31 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for 20 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 35.14%, below guideline requirements 85.00% | |||||||||||||||||
| 304435665 | XXXXXX | XXXXXX | MD | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 19 points above 680 FICO CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 29.29% lower than 75% max | |||||||||||||||||
| 304636920 | XXXXXX | XXXXXX | LA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 729 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 8 years at current job. | |||||||||||||||||
| 304435664 | XXXXXX | XXXXXX | CO | QM: Safe Harbor | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA863 | RESPA: Required Affiliate Business Disclosure missing | No | Missing required Affiliate Business Disclosure | 10/21/2024 Client provided missing RESPA: Required Affiliate Business Disclosure. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 24 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 36.65% below guideline requirement of 45% CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 14 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 8 years | ||
| 304633754 | XXXXXX | XXXXXX | MN | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 60 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 14 years | |||||||||||||||||
| 304633753 | XXXXXX | XXXXXX | IA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 66.17% LTV below guideline requirements of 90.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 799 is 139 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 40+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304633752 | XXXXXX | XXXXXX | MD | Non-QM: Lender documented all ATR UW factors | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 15 years and 1 month CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304633751 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 60% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 60 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 35.64% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 7.25 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 37 years | |||||||||||||||||
| 304633749 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Missing final signed CD acknowledged by borrower at closing. | 01/02/2025 Client provided the missing Final CD 1/2 e-signed on 1/2. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 35.10 is less that the max of 45. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 58.63 is less than the max of 85. | ||
| 304633749 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Right of Rescission | Satisfied | C | A | C | A | CMPROR2330 | ROR - Disbursement date is before end of statutory rescission period | No | Missing final CD, unable to determine if disbursement date is before the end of the statutory rescission period. | 01/02/2025 Client provided the missing Final CD 1/2 e-signed on 1/2. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 35.10 is less that the max of 45. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 58.63 is less than the max of 85. | ||
| 304633746 | XXXXXX | XXXXXX | CT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 18 years and 7 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 5 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 69.22% LTV below guideline requirements of 75.00% per program. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304636917 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 18 years and 5 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 5 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 63.04% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 708 is 48 points above program guideline minimum of 660. | |||||||||||||||||
| 304435660 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 47.35% is 22.65 points below the guideline program minimum. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 678 > is above guideline minimum credit score. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x34 exceeds mortgage history guidelines. | |||||||||||||||||
| 304435659 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1745: Significant total monthly debt reduction - Clayton Comments: Reduced outgo by $418 a month. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Borrower with same employer since 11/10/2000. | |||||||||||||||||
| 304435658 | XXXXXX | XXXXXX | IN | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: High Credit 746 Guidelines allow 660 CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 12 Years at Current Residence CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 18 Years in Current Profession | |||||||||||||||||
| 304435656 | XXXXXX | XXXXXX | CO | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 68.20% LTV below guideline requirements of 80.00% per program. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 0x30 for 60+ months | |||||||||||||||||
| 304633745 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 85%. Loan LTV is 41.40%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 700. Loan credit score is 754. | |||||||||||||||||
| 304633743 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 31 mos. mtg. payment history exceeds min. guideline requirement of 12 mos. CFCFS5269: Minimal use of credit - Clayton Comments: 25% revolving credit line utilization | |||||||||||||||||
| 304633742 | XXXXXX | XXXXXX | MS | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 12 years at current job CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has > 10 years at current job | |||||||||||||||||
| 304435653 | XXXXXX | XXXXXX | MA | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The credit score of 788 exceeds the minimum required credit score of 700 by 88 points. CFCFS1737: LTV below guideline requirements - Clayton Comments: The CLTV of 41%is 39% below the maximum allowed CLTV of 80%. | |||||||||||||||||
| 304633741 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 743 qualifying score; 700 required. CFCFS1744: DTI below guideline requirement - Clayton Comments: 37.28% DTI; 45% max allowed. | |||||||||||||||||
| 304435652 | XXXXXX | XXXXXX | WI | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 22.35 well below guideline threshold of 45.00. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been on current job for 11 years. | |||||||||||||||||
| 304633739 | XXXXXX | XXXXXX | OK | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 746 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 38.74 DTI below guideline of 45. | |||||||||||||||||
| 304636916 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3552 | TRID - Loan Estimate not timely | No | Earliest LE in file is dated 10/24/24. Missing initial LE disclosure to borrower within 3 days of application. | 02/05/2025 Client provided the complete LE 10/03. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 29 years current residence time CFCFS2854: Significant time in profession - Clayton Comments: CB has 15.8 years in same line of work/profession | ||
| 304633737 | XXXXXX | XXXXXX | AR | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 17 years. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 17 years and 2 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: 59.43% LTV below guideline requirements of 75.00% per program. | |||||||||||||||||
| 304435650 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 20 years and 8 months CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 724 is 24 points above program guideline minimum of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: 32.98% DTI is below guideline requirement of 45.00%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 48+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304435647 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide documentation all titleholders received an accurate CD 3 business days prior to closing. | 10/16/24 Client provided the Initial CD tracking for all title holders that confirms receipt on 9/24. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 767 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 38.27 DTI below guideline of 45. | ||
| 304633734 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 85%. Loan LTV is 68.54%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 680. Loan credit score is 755. | |||||||||||||||||
| 304633732 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/10/2025 Client provided a XXX reflecting CD was sent to and completed by the Non-Borrower on 12/06. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 17.3 years current job time. CFCFS2854: Significant time in profession - Clayton Comments: 25 years in same line of work/profession. CFCFS1736: Significant time at current residence - Clayton Comments: 9.2 years current residence time. | ||
| 304633731 | XXXXXX | XXXXXX | IL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - Clayton Comments: 0X30 On mortgage CFCFS1749: Additional documented income not used in qualifying - Clayton Comments: Did not use commission income to qualify. | |||||||||||||||||
| 304636914 | XXXXXX | XXXXXX | AL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: 27% DTI is 18% below the maximum guideline requirement of 45%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 34 month payment history exceeds the 12 month minimum guideline requirement by 22 months. | |||||||||||||||||
| 304435646 | XXXXXX | XXXXXX | CA | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Max CLTV 80%, current CLTV 72% CFCFS2854: Significant time in profession - Clayton Comments: Borrower on job over 13 years CFCFS5269: Minimal use of credit - Clayton Comments: Borrower using less than 10% of available credit | |||||||||||||||||
| 304435643 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 51% is 29% below the maximum allowed CLTV of 80% per the program guidelines. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The qualifying credit score of 750 exceeds the minimum required credit score of 700 by 50 points. | |||||||||||||||||
| 304435642 | XXXXXX | XXXXXX | MA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 21 years and 1 month CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 15 years and 9 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304633728 | XXXXXX | XXXXXX | MD | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 39.95% is less than max of 45%. CFCFS1745: Significant total monthly debt reduction - Clayton Comments: Reducing outgo by approximately $597 a month. | |||||||||||||||||
| 304633727 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/10/2025 Client provided XXX for both reflecting the CD Was sent and viewed 12/5. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 24.3 years current residence time CFCFS1734: Borrower has significant time at current job - Clayton Comments: 18.3 years current job time CFCFS2854: Significant time in profession - Clayton Comments: 25.3 years in same line of work/profession | ||
| 304633726 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 38.1 years current residence time CFCFS5269: Minimal use of credit - Clayton Comments: 3.00% revolving credit line utilization | |||||||||||||||||
| 304636913 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | B | A | A | A | A | A | B | A | B | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | B | A | B | A | CRDCRMH104 | Credit score below guidelines | No | B1 credit report has only one FICO score 768 (exp), guidelines require minimum 2 scores. | 2.4.2025 Client provided copy of Credit report for B1 dated 12.6.2024 with 3 fico scores | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 74.68% below guideline requirements 85.00%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 36.69% below guideline requirement 45.00%. | ||
| 304435630 | XXXXXX | XXXXXX | GA | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 30% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 85 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 25.55% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 24.92 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 31 years | |||||||||||||||||
| 304636911 | XXXXXX | XXXXXX | NE | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 32.74% below guideline requirement 45.00%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 55.77% below guideline requirements 90.00%. | |||||||||||||||||
| 304633723 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x53 exceeds mortgage history guidelines. | |||||||||||||||||
| 304633722 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 64% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 57 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5 years | |||||||||||||||||
| 304633721 | XXXXXX | XXXXXX | VA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x31 exceeds mortgage history guidelines. | |||||||||||||||||
| 304633720 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Missing T.42 Title Endorsement | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 59% CLTV is 16% below the guideline minimum requirement of 75%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 46 month mortgage payment history exceeds the guideline minimum requirement of 12 months 34 months. | ||
| 304633720 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42.1 Title Endorsement | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 59% CLTV is 16% below the guideline minimum requirement of 75%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 46 month mortgage payment history exceeds the guideline minimum requirement of 12 months 34 months. | ||
| 304435625 | XXXXXX | XXXXXX | CA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Lender provided a QM worksheet, but it did not indicate a QM status. Clayton determination is Rebuttable due to points and fees | 10.4.2024 Client provided XXX w/QM Rebuttable Presumption | Condition satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same line of work for 19 Years CFCFS1739: Positive mortgage payment history - Clayton Comments: Mortgage Payment history 0 X 30 over 31 Months | ||
| 304348554 | XXXXXX | XXXXXX | FL | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 10 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 47.05% LTV below guideline requirements of 80% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 779 is 19 points above program guideline minimum of 660 CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 54 months with 0x30 Mortgage payment history exceeds guidelines of 24 months. | |||||||||||||||||
| 304636910 | XXXXXX | XXXXXX | CT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 788 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment 6 years at current job. | |||||||||||||||||
| 304633717 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have owned the subject property for 43 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: 66.62% CLTV is 18.38% below the maximum allowable CLTV of 85%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 747 is 87 points above the minimum required score of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 33.64% DTI is below the maximum allowed DTI of 45%. | |||||||||||||||||
| 304633716 | XXXXXX | XXXXXX | OR | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 706 FICO exceeds guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 41.98 DTI below guideline of 45. | |||||||||||||||||
| 304435624 | XXXXXX | XXXXXX | CA | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 33 Years at Current Residence CFCFS2860: Good credit history - Clayton Comments: Borrower Has Good credit history with 0 Late Payments < 12 Months CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower Has Good Mortgage payment history with 0 Late Payments < 24 Months | |||||||||||||||||
| 304636909 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 712 FICO exceeds guideline of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x59 mortgage payment history exceeds guideline of 0x30x12. | |||||||||||||||||
| 304633714 | XXXXXX | XXXXXX | NC | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 65% below guideline requirements of 75% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 51 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 37.52% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 6 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 17 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of28.5 years | |||||||||||||||||
| 304435621 | XXXXXX | XXXXXX | MN | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 10 years and 5 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 15 years and 1 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 67.70% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 756 is 96 points above program guideline minimum of 660. | |||||||||||||||||
| 304435618 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | B | A | A | A | B | A | A | A | B | A | A | A | Property Valuations | FEMA | Satisfied | B | A | B | A | PRVAFEMA856 | Natural Disaster Area, no subsequent inspection (Public) | No | Provide disaster inspection for Hurricane declaration #XXXX date of X/XX/XXXX; Effective date 8/27/2024. | 10/11/2024 client provided a post disaster inspection. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI actual 29.28 is below max of 45. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV actual of 54.71 is less than 80%. | ||
| 304633713 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | OH CSPA; Home Mortgage Information Document not provided | 01/15/25 Client provided the OH Home Mortgage Info Document and Acknowledgment. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 85%. Loan LTV is 78.58%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 747. | ||
| 304633712 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | D | A | D | A | CMPSTCP2057 | Illinois Pred Lend Database - No Cert of Compliance or Cert of Exemption in file | No | Illinois Pred Lend Database - No Cert of Compliance or Cert of Exemption in file, please provide. | 01/24/2025 Client provided the missing Illinois Pred - Cert of Compliance. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 728 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 42.48 DTI below guideline of 45. | ||
| 304633712 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR5351 | Insurance Effective date is greater than the transaction date | No | Insurance effective date of 1/25/2025 is greater than the transaction date of XXX. | 1.22.2025 Client provided prior HOI policy | Condition satisfied | Not Applicable | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 728 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 42.48 DTI below guideline of 45. | ||
| 304633712 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2642 | Missing proof that HELOC has been paid and closed to future draws | No | Missing proof that the XXX HELOC has been closed to future draws. | 1.22.2025 Client provided executed by borrowers requesting closure of HELOC w/XXX | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 728 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 42.48 DTI below guideline of 45. | ||
| 304435615 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 10 years and 1 month CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 5 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 764 is 64 points above program guideline minimum of 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 48+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304636908 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | Missing OH Home Mortgage Information Document. | 02/05/2025 Client provided missing OH CSPA; Home Mortgage Information Document with acknowledgement disclosed on 12/13. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: The 28% DTI is 17% below the maximum allowed guideline requirement of 45%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The 702 credit score exceeds the guideline minimum credit score of 660 by 42 points. | ||
| 304633711 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property > 20 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 60.09% below guideline requirements 85.00%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 27.32% below guideline requirement 45.00%. | |||||||||||||||||
| 304435614 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: The total DTI is 37% CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - Clayton Comments: Borrowers have no late payments on the mortgage history | |||||||||||||||||
| 304435613 | XXXXXX | XXXXXX | DE | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 80%. Loan LTV is 57.37%. CFCFS1744: DTI below guideline requirement - Clayton Comments: Maximum DTI allowed is 45%. Loan DTI is 38%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 680. Loan credit score is 782. | |||||||||||||||||
| 304435612 | XXXXXX | XXXXXX | GA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA858 | Natural Disaster Area, no subsequent inspection (Individual & Public) | No | Provide disaster inspection for XXX declaration #XXXX date of X/XX/XX; Effective date 12/31/2099. | 10.9.2024 Client provided Post Disaster Inspection dated 10.6.2024 with no damage along with exterior photos | Condition satisfied | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: 38.21% DTI is below guideline requirement of 45.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 738 is 38 points above program guideline minimum of 700. | ||
| 304633707 | XXXXXX | XXXXXX | WI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 712 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 41.27 DTI below guideline of 45. | |||||||||||||||||
| 304633705 | XXXXXX | XXXXXX | NY | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 31+ years on current job. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 69.09% is less than the max of 75%. | |||||||||||||||||
| 304636907 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 39.16% CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 at current employment 12 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co Borrower at current employment 13 years | |||||||||||||||||
| 304633703 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | C | B | A | A | D | B | D | B | C | B | A | A | D | B | Compliance | Compliance Manual | Satisfied | D | B | D | B | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/16/2025 Client provided a collaborate comment Unable to provide documentation for Non-borrowing spouse received CD 3 days prior. Please satisfy with final grade B. (Non-borrowing spouse did not open the document, which was electronically sent.) | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 14.10 years current job time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 33 mos. mtg. payment history exceeds min. guideline requirement of 12 mos. CFCFS5269: Minimal use of credit - Clayton Comments: 28% revolving credit line utilization | ||
| 304633703 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | C | B | A | A | D | B | D | B | C | B | A | A | D | B | Credit | Credit/Mtg History | Satisfied | C | B | C | B | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | Missing proof of no HOA dues for subject. Located in detached PUD | 1.16.2025 Client provided LOX stating to see attached XXX reflecting no HOA. Response, due to DTI not being tight will accept, otherwise will require and LOX from borrower stating no monthly HOA due to being in a PUD. | Condition satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 14.10 years current job time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 33 mos. mtg. payment history exceeds min. guideline requirement of 12 mos. CFCFS5269: Minimal use of credit - Clayton Comments: 28% revolving credit line utilization | ||
| 304633701 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 35% below guideline requirements of 70% CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 36.12% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 12.5 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 8 years | |||||||||||||||||
| 304435610 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 11 years and 2 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 8 years and 5 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 63.87% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 760 is 100 points above program guideline minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 33.21% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304633700 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 731 credit score exceeds the minimum guideline credit score requirement of 700 by 31 points. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 43 month mortgage history exceeds the guideline minimum 12 month mortgage history by 31 months. | |||||||||||||||||
| 304435609 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide documentation both borrower and non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 10/08/2024 Client provided XXX for both reflecting CD was send to both on 9/16, signed by Borrower on 9/16 and viewed by Non-Borrower on 9/17. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 68.98% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 791 is 131 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 47+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | ||
| 304636906 | XXXXXX | XXXXXX | WV | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 25 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS1745: Significant total monthly debt reduction - Clayton Comments: all monthly debt. paid at close | |||||||||||||||||
| 304633699 | XXXXXX | XXXXXX | NM | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | DTI | Satisfied | D | A | D | A | CRDDTI2540 | Missing verification of some or all components of non-subject PITI | No | Missing proof of no HOA dues for property located at: XXX | 1.27.2025 Client provided XXX of property: XXX. reflecting no monthly HOA | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 20.0 years current residence time CFCFS5269: Minimal use of credit - Clayton Comments: 19% revolving credit line utilization CFCFS2854: Significant time in profession - Clayton Comments: B1 has 26.1 years in same line of work/profession | ||
| 304636905 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower been at current residence for 25 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has been at current job for 25 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 8 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 37.52% max per guidelines is 45%. | |||||||||||||||||
| 304636903 | XXXXXX | XXXXXX | MO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 66.84% below guideline requirements 85.00%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 35.84% below guideline requirement 45.00%.t CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 30 years at current job | |||||||||||||||||
| 304435605 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 10/14/24 Client provided XXX tracking for both title holders receiving initial CD on 9/17/24. Condition satisfied | Condition satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 5 years and 2 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 5 years and 1 month CFCFS1737: LTV below guideline requirements - Clayton Comments: 66.66% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 762 is 102 points above program guideline minimum of 660. | ||
| 304633698 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 10.4 years current job time CFCFS5269: Minimal use of credit - Clayton Comments: 31% revolving credit line utilization CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 31 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. | |||||||||||||||||
| 304435604 | XXXXXX | XXXXXX | NY | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The borrower has occupied the subject property for 22 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: The borrower has been with the employer for 32 years 11 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: The HCLTV is 71.53% and guidelines allow the HCLTV to be 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The middle Credit Score is 754 and guidelines allow the credit score to be 700. | |||||||||||||||||
| 304633696 | XXXXXX | XXXXXX | HI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 24 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 31.44% LTV below guideline requirements of 85.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 746 is 86 points above program guideline minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 32.08% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304633695 | XXXXXX | XXXXXX | MS | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 740 FICO exceeds guideline of 720. CFCFS1744: DTI below guideline requirement - Clayton Comments: 31.19% DTI below guideline of 45%. | |||||||||||||||||
| 304633693 | XXXXXX | XXXXXX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 70% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 60 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 25 years | |||||||||||||||||
| 304435603 | XXXXXX | XXXXXX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 15 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 17 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying credit score of 761 is well above the guideline threshold of 700. | |||||||||||||||||
| 304633692 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 39.18% below guideline requirement CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job, 14 years 1 months CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 745 exceeds guidelines CFCFS1749: Additional documented income not used in qualifying - Clayton Comments: Additional documented income (B2 income) not used in qualifying | |||||||||||||||||
| 304435602 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 792 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 38.34 DTI below guideline of 45. | |||||||||||||||||
| 304633690 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2700 | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | No | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application. | 01/10/2025 Client provided the missing List of homeowners counseling organizations dated 11/15. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has >10 years time at current job CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 67.67% below guideline requirements 75.00%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 37.11% below guideline requirement 45.00%. | ||
| 304633690 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3552 | TRID - Loan Estimate not timely | No | Application date 11/12/24. Earliest LE provided dated 11/18/24 w/ COC form issued 11/15/24 indicating prior numerical changes. Missing initial LE. | 01/10/2025 Client provided the missing Initial LE 11/15. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has >10 years time at current job CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 67.67% below guideline requirements 75.00%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 37.11% below guideline requirement 45.00%. | ||
| 304435599 | XXXXXX | XXXXXX | NM | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 744 > is above guideline minimum credit score. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI: 34.88% is 10.12 points below the guideline program minimum. | |||||||||||||||||
| 304633689 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 672 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 59.92% is 15.08 points below the guideline program minimum. | |||||||||||||||||
| 304633688 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same line of work for 7 Years CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 22.47% is below maximum allowed of 45% | |||||||||||||||||
| 304633687 | XXXXXX | XXXXXX | VT | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 8.3 years current job time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 30 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS5269: Minimal use of credit - Clayton Comments: 7.00% revolving credit line utilization | |||||||||||||||||
| 304636901 | XXXXXX | XXXXXX | NC | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 29.97 is less than the max of 45. CFCFS1736: Significant time at current residence - Clayton Comments: Owned residence 28 years. | |||||||||||||||||
| 304633684 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | DTI | Satisfied | D | A | D | A | CRDDTI2540 | Missing verification of some or all components of non-subject PITI | No | Missing proof of no HOA dues for property located at:XXX | 1.29.2025 Client provided XXX for XXX reflecting no monthly HOA | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 14 years current residence time CFCFS1734: Borrower has significant time at current job - Clayton Comments: 17.8 yrs. current job time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 50 mos. mtg. payment history exceeds min. guideline requirement of 12 mos. | ||
| 304633683 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 757 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 39.66 DTI below guideline of 45. | |||||||||||||||||
| 304633682 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 17 years and 2 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 46.14% LTV below guideline requirements of 90.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 763 is 103 points above program guideline minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 36.25% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304636900 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 53.28% LTV below guideline requirements of 90.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 763 is 103 points above program guideline minimum of 660. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 0x30 for 30+ months CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304633681 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 704 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 36.43 DTI below guideline of 45. | |||||||||||||||||
| 304435595 | XXXXXX | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Missing Lender's ATR determination.Lender provided a QM worksheet but it did not indicate a QM status. Clayton determination is NON QM due to points and fees. | 10/15/2024 client provided XXX reflecting status is Non-QM. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 20 years and 9 months. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 741 is 41 points above program guideline minimum of 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | ||
| 304633680 | XXXXXX | XXXXXX | MI | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing | 01/13/2025 Client provided XXX for both reflecting CD sent and viewed on 12/12. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 75%. Loan LTV is 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 677. | ||
| 304633678 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 13 years at current job. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 807 exceeds guide lines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 31.65% is below lender's guide line maximum of 45%. | |||||||||||||||||
| 304633677 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 738 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 11 years at current job. | |||||||||||||||||
| 304435593 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide documentation both borrower and non-borrowing spouse received an accurate Initial CD 9/19/24 3 business days prior to closing. | 10/14/24 Client provided only XXX tracking for a borrower e-signed on 9/27/24. Mailing rule applies for both title holders, CD received timely, condition satisfied | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 10 years and 6 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: 52.43% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 771 is 111 points above program guideline minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 33.85% DTI is below guideline requirement of 45.00%. | ||
| 304633676 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 32.67 is less than the max of 45. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 68.56 is less than max of 80. | |||||||||||||||||
| 304633675 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been at current residence for 28 Years CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 63.38% is below maximum allowed of 70% | |||||||||||||||||
| 304633674 | XXXXXX | XXXXXX | TX | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Satisfied | C | A | C | A | CMPTXHE108 | TX Equity - Total fees greater than the allowable cap | No | Total fees greater than the allowable cap due to total adjusted charges of $XXXX.XX with loan amount of $XXXXX. Charges Margin to $XXXX.XX exceeding Threshold of $1500. | 01/24/2025 Client provided a screen print reflecting the Undisclosed rate. Entered and re-tested with no violation. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 21 years at current job CFCFS1736: Significant time at current residence - Clayton Comments: 6 years at current home | ||
| 304633674 | XXXXXX | XXXXXX | TX | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | TX Equity - Texas Equity : Missing T.42 Title Endorsement | 1/21/2025 client provided an approved exception for missing T.42 Title Endorsement. | Final grade B. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 21 years at current job CFCFS1736: Significant time at current residence - Clayton Comments: 6 years at current home | ||
| 304633674 | XXXXXX | XXXXXX | TX | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | TX Equity - Texas Equity : Missing T.42 Title Endorsement | 1/21/2025 client provided an approved exception for missing T.42.1 Title Endorsement. | Final grade B. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 21 years at current job CFCFS1736: Significant time at current residence - Clayton Comments: 6 years at current home | ||
| 304633672 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been in current residence fr 15.1 years. | |||||||||||||||||
| 304636899 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 46.19% CLTV CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: At job since 2006 CFCFS1739: Positive mortgage payment history - Clayton Comments: 0 x 30 for 50 months | |||||||||||||||||
| 304636898 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 15 years. | |||||||||||||||||
| 304636897 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 48% CLTV is 27% below the maximum allowed guideline requirement of 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The 694 credit score exceeds the guideline minimum required credit score of 660 by 34 points. | |||||||||||||||||
| 304435591 | XXXXXX | XXXXXX | NV | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: Max DTI is 50% and the borrower has a 38.469 DTI. | |||||||||||||||||
| 304633671 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2700 | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | No | List of homeowners counseling organizations is dated 11/14/2024. Not provided to the borrower within 3 days of the 10/08/2024 application date. | 01/10/2025 Client provided missing List of homeowners counseling organizations dated 10/08. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 761 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 30.55 DTI below guideline of 45. | ||
| 304633671 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | D | A | D | A | CMPSTCP2057 | Illinois Pred Lend Database - No Cert of Compliance or Cert of Exemption in file | No | Illinois Pred Lend Database - No Cert of Compliance or Cert of Exemption in file | 01/10/2025 Client provided the missing Illinois Pred Lend Database - Cert of Compliance. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 761 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 30.55 DTI below guideline of 45. | ||
| 304435588 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA4817 | Natural Disaster Area, Subseq inspect prior to Disaster (Individual & Public) | No | loan closed prior FEMa 10/11/2024 | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 737 is 77 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 32.39% DTI is below guideline requirement of 45.00%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 16 years and 10 months CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job; 13 years and 5 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 54.81% LTV below guideline requirements of 80.00% per program. | ||
| 304633670 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Credit | Title | Satisfied | A | A | A | A | CRDTIL796 | Missing Title | No | Provide copy of Title | 1.28.2025 Client provided Title Property Summary Report | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 58% below guideline requirements of 75% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 65 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 38.56% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 24 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 18 years | ||
| 304636895 | XXXXXX | XXXXXX | DC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 767 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 19 years at current job. | |||||||||||||||||
| 304633669 | XXXXXX | XXXXXX | KS | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 12 years at current job CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have 13 years time at current residence | |||||||||||||||||
| 304633668 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Borrower receives 3k monthly alimony. Per 1008 notes and bank statements, part of the 3k comes from Ex's XXX pension.2023 1099 for Ex in file does not equate to month Borrower receives; monthly direct deposits from XXX to Borrower documented in her banks statements, however, unable to tie the XXX direct deposits to Ex spouse to fully document the 3k monthly source as Alimony. Provide sufficient document tying the Direct deposit from XXX in Borrower's account, to Ex's XXX pension. May be subject to additional conditions upon review. | 1.23.2025 Client provided LOX stating, UW response: we have 12 months of receipt of the $3000. The ex spouse has chosen to pay the $3000 with a part of his VA military pension which we have the 2023 1099 showing his pension amount which more than supports the portion reflected in the bank statements and he pays the difference from his own checking which is also supported. We have tax transcripts showing alimony of $36,000 and evidence borrower doesn't receive pension income. Please advise what further is needed. Response, 12 months bank statements in file do support ach deposit of $X,XXX.XX XXX in which is the ex spouse deposit and the 12 months cover deposit from ex spouse account each month in the amount of $XXX.XX to cover the $XX that is owed to our borrower as monthly Alimony. Condition is being satisfied with explanation from Client regarding the transaction | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 763 qualifying score CFCFS1737: LTV below guideline requirements - Clayton Comments: 68.63% CLTV CFCFS1736: Significant time at current residence - Clayton Comments: 20 years at residence | ||
| 304636893 | XXXXXX | XXXXXX | CA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 725 qualifying score; 700 required. CFCFS1744: DTI below guideline requirement - Clayton Comments: 39.63% DTI; 45% max allowed. | |||||||||||||||||
| 304435584 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Missing lender's ATR/QM status determination. | 10.7.2024 Client provided XXX w/QM Safe Harbor | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 781 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 27.70 DTI below guideline of 45. | ||
| 304633665 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Missing signed 4506-C. | 1.22.2025 Client provided esigned by borrower 4506C | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 706 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 38.79 DTI below guideline of 45. | ||
| 304435583 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 17.04 is well below guideline threshold of 45.00. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying credit score of 775 is well above guideline threshold of 700. | |||||||||||||||||
| 304633662 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 771 credit score exceeds the guideline required credit score of 660 by 111 points. CFCFS1737: LTV below guideline requirements - Clayton Comments: The 57% CLTV is 33% below the maximum guideline requirement of 90%. | |||||||||||||||||
| 304636892 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned the subject property for 7 years 5 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: 48.23% CLTV is 41.77% below the maximum allowable CLTV of 90%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 808 is 148 points above the minimum required score of 660. | |||||||||||||||||
| 304435578 | XXXXXX | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | C | A | C | A | C | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide documentation all titleholders received an accurate CD 3 business days prior to closing. | 10/16/24 Client provided the Initial CD tracking for all title holders that confirms receipt on 9/19. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 737 FICO exceeds guideline of 680. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x25 mortgage payment history exceeds guideline of 0x30x12. | ||
| 304435578 | XXXXXX | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | C | A | C | A | C | A | A | A | C | A | Credit | Credit/Mtg History | Satisfied | C | A | C | A | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | Missing property tax bill for the subject property. Property taxes do not appear to be escrowed per the VOM. | 10.17.2024 Client provided duplicate (in file) tax bill for XXX. initial condition remains for subject property tax bill. 10.21.2024 Client provided subject tax bill supporting $783.44 mo. | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 737 FICO exceeds guideline of 680. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x25 mortgage payment history exceeds guideline of 0x30x12. | ||
| 304435577 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying credit score of 741 is well above guideline threshold of 660. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 17 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 16 years. | |||||||||||||||||
| 304633661 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2642 | Missing proof that HELOC has been paid and closed to future draws | No | Missing paid/close letter for XXX HELOC | 1.22.2025 Client provided executed by borrower requesting closure of HELOC with XXX | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 20 years current residence time CFCFS5269: Minimal use of credit - Clayton Comments: 29% revolving credit line utilization CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 64 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. | ||
| 304633660 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 39.27% below guideline requirements 90.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 795 exceeds guidelines 760. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 34.73% below guideline requirement 45.00%. | |||||||||||||||||
| 304633659 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 35.91 is less than the max of 45. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 67.22 is less than max of 75. | |||||||||||||||||
| 304636891 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 16 years and 1 month CFCFS1737: LTV below guideline requirements - Clayton Comments: 68.26% LTV below guideline requirements of 85.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 734 is 74 points above program guideline minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 38.05% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304633658 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers in current residence for 6.10 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 11.7 years. | |||||||||||||||||
| 304633657 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 7 years at current job CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 32.04% is below lender's guide lines maximum of 45%. | |||||||||||||||||
| 304633656 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR5351 | Insurance Effective date is greater than the transaction date | No | Per the final CD the disbursement date is XXX and the insurance effective date is 12/22/24. | 1.13.2025 Client provided LOX stating condition says cancel or clarify what is needed. Response, appear prior HOI policy is required, policy in file is dated 12.22.2024 with Note date XXX and Final CD disbursement date is 12.20.2024; condition remains for prior HOI policy 1.14.2025 Client provided subject prior HOI Policy | Condition satisfied | Not Applicable | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 678 credit score exceeds the guideline minimum 660 credit score by 18 points. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-borrower has been at current job for 10 years. | ||
| 304633655 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/10/2025 Client provided a XXX for Non-Borrower reflecting the CD was sent and Completed 11/26. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 710 credit score exceeds the guideline minimum credit score of 660 by 50 points. CFCFS1737: LTV below guideline requirements - Clayton Comments: The 48% CLTV is 32% the required guideline maximum of 80%. | ||
| 304633654 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 29% below guideline requirements of 75% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 81 months exceeds guidelines of 24 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5 years | |||||||||||||||||
| 304435575 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 11 years and 6 months. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 7 years and 11 months. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job; 18 years and 8 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: 68.71% LTV below guideline requirements of 75% per program. CFCFS1744: DTI below guideline requirement - Clayton Comments: 38.04% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304435573 | XXXXXX | XXXXXX | MN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide documentation all titleholders received an accurate CD 3 business days prior to closing. | 10/17/2024 Client provided XXX for both reflecting CD sent and viewed on 9/25. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 18 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 7 years and 4 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 58.73% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 718 is 58 points above program guideline minimum of 660. | ||
| 304633650 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 67.40% below guideline requirements 85.00%. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property for 30 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 39.77% below guideline requirement 45.00% | |||||||||||||||||
| 304435572 | XXXXXX | XXXXXX | MO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 751 exceeds the minimum credit score required of 700 by 51 points. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 59% is 21% below the maximum of 80% allowed per the program guidelines. | |||||||||||||||||
| 304633649 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 56.98 is below the max of 90. CFCFS1736: Significant time at current residence - Clayton Comments: Per URLA borrower has been in subject for 54 years. | |||||||||||||||||
| 304633647 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 16.4 years current job time. CFCFS2854: Significant time in profession - Clayton Comments: 19 years in same line of work/profession. CFCFS5269: Minimal use of credit - Clayton Comments: 9.00% revolving credit line utilization. | |||||||||||||||||
| 304636888 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH3000 | # of Tradelines Does Not Meet Guideline Requirements | No | CB does not meet min. tradeline requirement of Minimum 3 open tradelines, with at least 1 tradeline open for a minimum 24 months | 1/31 client provided an approved exception to allow the CoBorr credit without meeting the trade line requirements | Initial and final grade is B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 12.11 years current residence time CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 13.10 years current job time CFCFS2854: Significant time in profession - Clayton Comments: CB has 20.1 years in same line of work/profession | ||
| 304633646 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been at current residence for 21 Years CFCFS2854: Significant time in profession - Clayton Comments: Co-Borrower has been in the same line of work for 20 Years | |||||||||||||||||
| 304633645 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 62.98% is 22.02 points below the guideline program minimum. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 743 > is above guideline minimum credit score. | |||||||||||||||||
| 304633644 | XXXXXX | XXXXXX | SC | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Finance Charge Tolerance | Satisfied | C | A | C | A | CMPFINT106 | Finance charge understated by more than $100 (Pmt Stream) | No | Trigger for Client requesting Appraisal fee split. Appraisal Management fee is an APR fee resulting in understated Finance Charge of $150.00. | 01/10/2025 Client provided a rebuttal reflecting that the Company offers that within the single appraisal fee charges to the consumer on this transaction, excluding the portion retained by the XXX from the Finance charge is permissible because it falls under 1026.4(c) (7). Per review by Internal Compliance Counsel and the Senior Director of Operations accepts that this is the main service that XXXXXXXX is performing. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 796 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 19 years at current job. | ||
| 304633644 | XXXXXX | XXXXXX | SC | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Finance Charge Tolerance | Satisfied | C | A | C | A | CMPFINT4372 | TILA/TRID-Disclosed Amount Financed is higher than Clayton's calculated Amount Financed | No | Trigger for Client requesting Appraisal fee split. Appraisal Management fee is an APR fee resulting in understated Finance Charge of $150.00. | 01/10/2025 Client provided a rebuttal reflecting that the Company offers that within the single appraisal fee charges to the consumer on this transaction, excluding the portion retained by the XXX from the Finance charge is permissible because it falls under 1026.4(c) (7). Per review by Internal Compliance Counsel and the Senior Director of Operations accepts that this is the main service that XXXXXXXX is performing. | Condition Satisfied. | Numeric | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 796 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 19 years at current job. | ||
| 304633644 | XXXXXX | XXXXXX | SC | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Section 32 | Satisfied | C | A | C | A | CMPS32371 | Section 32 Loan per Points and Fees Test | No | File is missing the Fee Split worksheet. Provide worksheet for further testing. Additional conditions may apply.Threshold Calculation Adjusted -Charges$3,585.16 Total Loan Amount$59,492.68 Maximum Charges %5.000%Maximum Charges $2,974.63 Charges Margin to Threshold $610.53 Total Charges %6.026% Which Exceeds fees test threshold. | 12/20/2024 Client requesting Appraisal fee split retesting results in Exceeds fees test threshold by $6.78. Condition Remains. Provide Title Fee split for further testing. 12/30/24 Client provided the Title Fee Split worksheet. Re-testing results in no Section 32 violation. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 796 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 19 years at current job. | ||
| 304633644 | XXXXXX | XXXXXX | SC | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | State High Cost | Satisfied | C | A | C | A | CMPSTHC328 | SC High-Cost Loan by exceeding point and fee threshold, | No | File is missing the Fee Split worksheet. Provide worksheet for further testing. Additional conditions may apply.Threshold Calculation Adjusted --Charges$3,585.16 Total Loan Amount $59,492.68 Maximum Charges %5.000% Maximum Charges$ 2,974.63 Charges Margin to Threshold $610.53 Total Charges % 6.026% which Exceeds fees test threshold. | 12/20/2024 Client requesting Appraisal fee split retesting results in Exceeds fees test threshold by $6.78.Condition Remains. Provide Title Fee split for further testing. 12/30/24 Client provided the Title Fee Split worksheet. Condition remains. Re-testing still results in a $6.78 violation.01/10/2025 Client provided rebuttal regarding Appraisal fees not included in testing. Per review by Internal Compliance Counsel and the Senior Director of Operations accepts that this is the main service that XXXXXXXX is performing. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 796 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 19 years at current job. | ||
| 304435571 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide the Initial CD with confirmation of borrower receipt at least 3 business days prior to consummation. Additional conditions may applyProvide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. | 10/07/2024 Client provided XXX for both reflecting CD was sent and viewed on 9/11. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same line of work for 8 Years CFCFS1744: DTI below guideline requirement - Clayton Comments: CLTV of 67.34% is below maximum allowed of 80% | ||
| 304633641 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 702 exceeds guide lines. CFCFS2854: Significant time in profession - Clayton Comments: borrower has been in the same profession for 30 years. | |||||||||||||||||
| 304435570 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 16 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: 64.67% LTV below guideline requirements of 75% per program. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 60+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 30.32% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304633639 | XXXXXX | XXXXXX | TX | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Missing T.42 Title Endorsement | 1/24/25 Client provided an approved exception for missing T.42 Endorsement. | Initial and final grade 2/B | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x24 exceeds mortgage history guidelines. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job, 13 years. | ||
| 304633639 | XXXXXX | XXXXXX | TX | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42.1 Title Endorsement | 1/24/25 Client provided an approved exception for missing T.42.1 Endorsement. | Initial and final grade 2/B | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x24 exceeds mortgage history guidelines. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job, 13 years. | ||
| 304633638 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 28 years, 5 months at current job. CFCFS1736: Significant time at current residence - Clayton Comments: 26 years, 10 months at current residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 770 qualifying score; 700 required. | |||||||||||||||||
| 304435568 | XXXXXX | XXXXXX | IL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 10/14/24 Client provided confirmation initial CD for NBS was mailed via XXX. CD was received timely, condition satisfed | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 732 FICO exceeds guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 43.99 DTI below guideline of 45. | ||
| 304435568 | XXXXXX | XXXXXX | IL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Lender provided a QM worksheet but it did not indicate a QM status. Clayton determination is rebuttable due to points and fees. | 10/15/2024 client provided XXX reflecting QM:RP (APOR). | Condition satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 732 FICO exceeds guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 43.99 DTI below guideline of 45. | ||
| 304435568 | XXXXXX | XXXXXX | IL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Credit | Income/Employment | Satisfied | B | A | B | A | CRDINC2496 | Verbal verification of employment completed outside the stated requirements and/or after closing/funding | No | Missing verbal VOE dated within 10 days of closing. VVOE in file is dated 9/13/2024. Loan closed on XXX | 10/15/2024 client allow for business day and not calendar days. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 732 FICO exceeds guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments: 43.99 DTI below guideline of 45. | ||
| 304435565 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 98 points than 700 min CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 9.35% lower than 80% max | |||||||||||||||||
| 304435563 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 53% is 27% below the max allowed CLTV of 80 per the program guidelines. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 60 months of positive mortgage payment history exceeds the minimum required 12 months by 48 months. | |||||||||||||||||
| 304633636 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 23.9 years current residence time CFCFS1734: Borrower has significant time at current job - Clayton Comments: 29.4 years current job time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 44 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. | |||||||||||||||||
| 304633634 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 746 > is above guideline minimum credit score. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job, 37 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 64.95% is 20.05 points below the guideline program minimum. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI: 25.58% is 19.42 points below the guideline program minimum. | |||||||||||||||||
| 304633633 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 46.21% is 28.79 points below the guideline program minimum. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 679 > is above guideline minimum credit score. | |||||||||||||||||
| 304633632 | XXXXXX | XXXXXX | MO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/20/2025 Client provided Disclosure history reflecting Borrower receipt on 12/16 and Docs also sent XXX on 12/16 making 3 days for delivery and 3 days waiting period, allowing for earliest closing on XXX. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property for 19 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 64.24% below guideline requirements 85.00%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 22.21% below guideline requirement 45.00%. | ||
| 304633631 | XXXXXX | XXXXXX | OH | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | B | A | B | A | A | A | B | A | B | A | B | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | File is missing the OH CSPA; Home Mortgage Information Document and the acknowledgement of receipt. | 01/31/2025 Client provided missing OH CSPA; Home Mortgage Information Document with acknowledgement disclosed on 12/16. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 38.68% below guideline requirement 45.00%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 19 years at current job | ||
| 304633631 | XXXXXX | XXXXXX | OH | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | B | A | B | A | A | A | B | A | B | A | B | A | A | A | B | A | Credit | LTV/CLTV | Satisfied | B | A | B | A | CRDLTV5738 | CLTV Exceeds Guideline Requirement by less than 5% | No | CLTV is 75.04% which exceeds guideline of 75.00% due to middle credit score of 687. First lien balance of $XXX,XXX and CES of $XX,XXX. AVM value is $XXX,XXX | 1.31.2025 Client provided an updated VOM dated 1.30.2025 showing last payment was made on 1.23.2025 (Note date XXX), condition remains for payment history to support last payment made info. 2.5.2025 Client provided LOX stating, Please take into consideration the updated balance as of the funding date. The borrower made a payment on 1/23/2025, leaving the balance at $XXX,XXX which gives them a 74.86% CLTV | Condition satisfied | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 38.68% below guideline requirement 45.00%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 19 years at current job | ||
| 304435561 | XXXXXX | XXXXXX | WI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 32+ months no mortgage lates CFCFS1734: Borrower has significant time at current job - Clayton Comments: Both employers have been at same job 3+ years with no gaps | |||||||||||||||||
| 304636884 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 711 credit score exceeds the guideline minimum credit score of 660 by 51 points. CFCFS1737: LTV below guideline requirements - Clayton Comments: The 63% CLTV is 17% below the maximum allowed CLTV of 80%. | |||||||||||||||||
| 304435559 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Max LTV 80%, Current CLTV 44% CFCFS1744: DTI below guideline requirement - Clayton Comments: Max DTI 45%, current DTI 41% CFCFS2860: Good credit history - Clayton Comments: Borrowers have no history of late payments | |||||||||||||||||
| 304435557 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | Missing OH CSPA Home Mortgage Loan Informational Document. | 10/15/2024 Client provided missing OH CSPA; Home Mortgage Information Document with acknowledgement disclosure dated 8/28. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower at current residence for 23.5 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower in profession for 17.1 years. | ||
| 304435556 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 57% is 23% below the maximum allowed CLTV of 80% per the program guidelines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 29% is 16% below the maximum allowed DTI of 45% per program guidelines. | |||||||||||||||||
| 304435555 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2642 | Missing proof that HELOC has been paid and closed to future draws | No | Missing proof that the XXX HELOC has been closed to future draws. | 10/15/2024 client provided HELOC close letter. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 707 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 42.41 DTI below guideline of 45. | ||
| 304636881 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 756 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 26 years at current job. | |||||||||||||||||
| 304633629 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | C | A | C | A | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | Missing documentation for the "XXX" deduction of $338.70 biweekly on XXX pay stubs. Must show that this is a 401k loan or include payment in debt ratio. | 1.27.2025 Client provided LOX stating, Per our UW: XXX $338.70 bi week, I added to DTI $733.85/mo. Ratios are ok. Response, included payment of $733.85 in DTI for updated DTI of 32.99% | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 770 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 28.83 DTI below guideline of 45. | ||
| 304633626 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | Missing OH CSPA Home Mortgage Information Document. | 01/29/2025 Client provided missing OH CSPA; Home Mortgage Information Document with acknowledgement disclosed on 12/27. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 19.76% is less than max of 45%. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 67.56% is less than the max of 75%. | ||
| 304435553 | XXXXXX | XXXXXX | IN | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV actual 67.33 in less than max of 75. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 48 months 0x30 | |||||||||||||||||
| 304633623 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 21 years, 7 months at current job. CFCFS1736: Significant time at current residence - Clayton Comments: 10 years, 6 months at current residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: 45.43% CLTV; 80% max allowed. | |||||||||||||||||
| 304633622 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guideline. | |||||||||||||||||
| 304435549 | XXXXXX | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 710 > is above guideline minimum credit score. | |||||||||||||||||
| 304633621 | XXXXXX | XXXXXX | PA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | D | A | D | A | CRDTIL796 | Missing Title | No | File is missing title policy | 1.17.2025 Client provided Property Summary Report | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been owning the property for 20 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 60.11% below guideline requirements 80.00%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 28.81% below guideline requirement 45.00%. | ||
| 304636880 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower in current residence for 8.6 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower at current job fopr 27 years. | |||||||||||||||||
| 304636879 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 58.06% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 719 is 59 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 20 years and 6 months. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job; 32 years and 7 months. | |||||||||||||||||
| 304633619 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 19 years current residence time CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 14 years current job time CFCFS5269: Minimal use of credit - Clayton Comments: 7.00% revolving credit line utilization | |||||||||||||||||
| 304633618 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has resided at current residence for 6 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower is a Teacher for 7.50 years. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower has positive mortgage history of 46/31 months @ 0 x 30. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers median credit score of 712 is 32 more points than minimum required score of 680. | |||||||||||||||||
| 304636878 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 78% below guideline requirements of 90% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 24.73% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 15.5 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 20.83 years | |||||||||||||||||
| 304633615 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 783 exceeds guidelines CFCFS1737: LTV below guideline requirements - Clayton Comments: 62.26% CLTV below guideline requirements. Max CLTV 90.00% CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current self employment, 11 years CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 7 years | |||||||||||||||||
| 304636876 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 10 Years at Current Residence CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 59 Years in Current Profession CFCFS2860: Good credit history - Clayton Comments: Borrower Has Good credit history with 0 Late Payments > 24 Months | |||||||||||||||||
| 304435542 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 35 mos. mtg. payment hist. exceeds guideline min. requirement of 12 mos. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 25.81% is below max allowable per guidelines of 80% CFCFS2860: Good credit history - Clayton Comments: all accts. are paid as agreed with no collections, judgements, BK activity | |||||||||||||||||
| 304636875 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero percent tolerance of $423.40 due to Transfer taxes increased from $278.00 to $701.40 on 12/10/024 without a valid reason in file. Provide COC PCCD with cure, copy of cure check, LOE to Borrower and evidence of delivery via method including tracking information within 60 days of consummation. | 02/05/2025 Client provided PCCD 02/04 with Principal Reduction, LOE and Loan transaction history reflecting Payment applied. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The 739 credit score exceeds the 700 minimum credit score requirement by 39 points. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 20 years. | ||
| 304636875 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3676 | TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation. | No | Ten percent tolerance of $216.75 due to Government recording fees increased from $110.00 to $337.75 on 12/10/2024 without a valid reason in file. Provided COC PCCD with cure, copy of cure check, LOE to Borrower and evidence of delivery via method including tracking information within 60 days of consummation | 02/05/2025 Client provided PCCD 02/04 with Principal Reduction, LOE and Loan transaction history reflecting Payment applied. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The 739 credit score exceeds the 700 minimum credit score requirement by 39 points. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 20 years. | ||
| 304435540 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 62% CLTV is18% below the max allowed CLTV of 80% per program guidelines. CFCFS1744: DTI below guideline requirement - Clayton Comments: The calculated back end DTI of 21% is 24% below the max DTI allowed of 45%. | |||||||||||||||||
| 304633610 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Missing T.42 Title Endorsement. | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 69.09% max per guidelines is 75%. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has been at current job for 27 years. | ||
| 304633610 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42.1 Title Endorsement | 12/6/24 client provided an approved exception for missing T.42.1 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 69.09% max per guidelines is 75%. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has been at current job for 27 years. | ||
| 304633609 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 61% CLTV is 24% below the guideline maximum allowed of 85%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The 745 credit score exceeds the guideline minimum credit score of 680 by 65 points. | |||||||||||||||||
| 304633608 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance due to Condo Questionnaire fee $237 added to final LE 11/12/24. COC issued 11/07 lists fee amount but does not give additional details as to why fee was added. No cure provided on borrower final CD prior to close. Condition pending receipt detailed COC with fee addition validated or Post CD reflecting lenders cure, LOX, Refund of $236.95 w/ Proof of Delivery. | 01/14/2025 Client provided missing COC 11/7 reflecting Subject Property was identified as a Condo and the required Condo Documents were ordered on 11/7 and disclosed to Borrower on 11/12. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 32.62% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying credit score 752 CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co Borrower at current employment 22 years | ||
| 304633606 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2698 | RESPA - List of homeowners counseling organizations not in file | No | Missing List of homeowners counseling organizations | 01/15/25 Client provided the missing HC List. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 85%. Loan LTV is 32.34%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 757. | ||
| 304633606 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA863 | RESPA: Required Affiliate Business Disclosure missing | No | Missing Affiliate Business Disclosure | 01/15/25 Client provided the missing ABD. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 85%. Loan LTV is 32.34%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 757. | ||
| 304633605 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 788 exceeds guidelines CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 21.86% below guideline requirement CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job, 6 years CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 12 years | |||||||||||||||||
| 304435537 | XXXXXX | XXXXXX | NE | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 64.35% is 15.65 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x40 exceeds mortgage history guidelines. | |||||||||||||||||
| 304633604 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: 38.90% DTI CFCFS1737: LTV below guideline requirements - Clayton Comments: 70.97% LTV | |||||||||||||||||
| 304633603 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 788 exceeds guide lines. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 44.98% is below guide line maximum of 90%. | |||||||||||||||||
| 304636874 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower been at current residence for 22 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower FICO score is 756 max per guidelines is 720. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 35.24% max per guidelines is 45%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 74.80% max per guidelines is 85%. | |||||||||||||||||
| 304636873 | XXXXXX | XXXXXX | IN | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The 36 month mortgage payment history exceeds the 12 month guideline minimum by 24 months. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The 693 credit score exceeds the 660 minimum credit score requirement by 33 points. | |||||||||||||||||
| 304636871 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 64.51 is 25.49 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x24 exceeds mortgage history guidelines. | |||||||||||||||||
| 304633600 | XXXXXX | XXXXXX | MO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x60 exceeds mortgage history guidelines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI: 39.45% is 5.55 points below the guideline program minimum. | |||||||||||||||||
| 304633599 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 789 exceeds guidelines 760 CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 48.38% below guideline requirements 90.00%. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property for 10 years. | |||||||||||||||||
| 304633597 | XXXXXX | XXXXXX | NV | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC3280 | One or more Applications in file are incomplete | No | Final application for Co-Borrower does not reflect a Citizenship check. | 1.27.2025 Client provided updated final 1003 for B2 with Citizenship US Citizens | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 6 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has been at current job for 9 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 32.23% max per guidelines is 85%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 9 years. | ||
| 304633597 | XXXXXX | XXXXXX | NV | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Credit | Credit/Mtg History | Satisfied | C | A | C | A | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | Missing evidence supporting primary PITI of ($X,XXX.XX). | 1.22.2025 Client provided VOM and Mtg statement verifying PITIA 1st payment of $X,XXX.XX | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 6 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has been at current job for 9 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 32.23% max per guidelines is 85%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 9 years. | ||
| 304435534 | XXXXXX | XXXXXX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 62.58% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 740 is 80 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 42+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | |||||||||||||||||
| 304435531 | XXXXXX | XXXXXX | AL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 18 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 30 years and 3 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 61.90% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 704 is 44 points above program guideline minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 28.31% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304633596 | XXXXXX | XXXXXX | MO | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower inn current rwsidence fopr 18.2 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower at current job for 11.2 years. | |||||||||||||||||
| 304435529 | XXXXXX | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 67% is 13 % below maximum allowed CLTV of 80%. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have lived at current residence for 26years which exceeds the minimum 6 months by 25years and 6 months. | |||||||||||||||||
| 304435527 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 5 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 57.50% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 740 is 80 points above program guideline minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 31.18% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304636870 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 761 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 22 years at current job. | |||||||||||||||||
| 304633595 | XXXXXX | XXXXXX | NC | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/15/2025 Client Provided a disclosure history reflecting that the CD was also provided via XXX 12/6. 3 Day delivery and 3 day waiting period allows for closing as soon as 12/13. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 79.75% max per guidelines is 85%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 16 years. | ||
| 304435524 | XXXXXX | XXXXXX | CA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Clayton status reflect QM status as QM Rebuttable Presumption (APOR). Lender reflects QM Safe Harbor APOR. The test APR is 10.030%, the benchmark APR is 6.320 resulting in a difference of 3.710%, max difference allowed is 3.50% | 10/17/2024 Client provided an updated XXX 10/16 reflecting QM status as Presumption of Compliance. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV 80%, current LTV 72% CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers in home over 13 years CFCFS2860: Good credit history - Clayton Comments: Borrowers have no history of late payments | ||
| 304435524 | XXXXXX | XXXXXX | CA | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance in the amount of $559.80 due to Discount Points increased without a COC in file. Condition pending receiving a valid Change of Circumstances or Post CD reflecting lenders cure, LOX, a copy of refund and proof of delivery via shipping that includes tracking information. | 10/16/2024 Client provided COC 9/18 reflecting increase to Discount points due to change in the DTI. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV 80%, current LTV 72% CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers in home over 13 years CFCFS2860: Good credit history - Clayton Comments: Borrowers have no history of late payments | ||
| 304633594 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | Property | Satisfied | C | A | C | A | PRVAPROP179 | Condition of Subject Below Average | No | Property condition report is showing property listed as Fair. | 1.27.2025 Client provided LOX stating, PCI reflecting '' fair '' condition is acceptable. There may be some deferred maintenance which would be a C3/C4. No health, safety or structural issues noted. Response, PCI report do not state reason for condition of being Fair and our system automatic triggers this condition when property condition is Fair. Condition remains for condition of at minimum Average or provide PCI with appraiser comment on reason Fair condition for further review. 1.29.2025 Client provided LOX stating per appraiser the property exterior has noticeable wear, requiring basic maintenance, reason for Fair condition. | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 69.97% is 5.03 points below the guideline program minimum. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 670 > is above guideline minimum credit score. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x35 exceeds mortgage history guidelines. | ||
| 304636869 | XXXXXX | XXXXXX | KS | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Please provide evidence that borrower acknowledged receipt of CD 3 days prior to consummation date of XXX | 02/04/2025 Client provided a XXX reflecting CD sent 1/15 and viewed on 1/20. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 19 years and 8 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 15 years and 8 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 48.82% LTV below guideline requirements of 75.00% per program. | ||
| 304636868 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 16.10 years current job time CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 9.3 years current job time CFCFS2854: Significant time in profession - Clayton Comments: B1 has 17.1 years in same line of work/profession | |||||||||||||||||
| 304435522 | XXXXXX | XXXXXX | DE | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3552 | TRID - Loan Estimate not timely | No | Missing LE dated within 3 days of the application dated 09/05/2024. Only Revised LE 09/11/2024 & 09/24/2024 in file. | 10/22/2024 Client provided missing Initial LE 09/05. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 83 points above 700 min. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 3.68% lower than 80% max. | ||
| 304633592 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 781 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 45.61% is 44.39 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x43 exceeds mortgage history guidelines. | |||||||||||||||||
| 304633591 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 731 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 28.42 DTI below guideline of 45. | |||||||||||||||||
| 304636867 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH3000 | # of Tradelines Does Not Meet Guideline Requirements | No | B2 do not meet tradeline requirement | 1.30.2025 Client provided exception approval for B2 not meeting tradeline requirements | Initial and Final Grade B | (No Data) | Not Applicable | CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: B2 has significant time at current job, 29 years 5 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 35.33% below guideline requirement CFCFS1737: LTV below guideline requirements - Clayton Comments: 35.02% CLTV below guideline requirements. Max CLTV 85.00% | ||
| 304633590 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Missing T.42 Title Endorsement. | 1/23/2025 client provided an approved exception for missing T.42 Title Endorsement. | Initial and Final grade B. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same line of work for 13 Years CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 23.42% is below maximum allowed of 45% | ||
| 304633590 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42.1 Title Endorsement. | 1/23/2025 client provided an approved exception for missing T.42.1 Title Endorsement. | Initial and Final grade B. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same line of work for 13 Years CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 23.42% is below maximum allowed of 45% | ||
| 304435518 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The most recent 66 months paid as agreed mortgage history exceeds the required minimum 12 months by 54 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: The 44% CLTV is 36% less than the maximum 80% CLTV allowed per program guidelines. | |||||||||||||||||
| 304633589 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Missing proof of monthly retirement income in the amt. of $X,XXX (used to qualify loan) | 1.22.2025 Client provided 2023 1099 from XXX verifying monthly income of $X,XXX | Condition satisfied | (No Data) | Not Applicable | CFCFS5269: Minimal use of credit - Clayton Comments: 9.00% revolving credit line utilization CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 48 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 36.12% is below max allowable per guidelines of 45% | ||
| 304636865 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 698 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 66.07 is 8.93 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x39 exceeds mortgage history guidelines. | |||||||||||||||||
| 304636864 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 27.41 is 57.59 points below the guideline program minimum. CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession, 9 years. | |||||||||||||||||
| 304636863 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Application | Satisfied | D | A | D | A | CRDAPP4625 | The orig file does not contain a third party fraud report | No | Missing third party fraud report. | 2/3 Client provided the Fraud report | Satisfied | Not Applicable | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 754 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 36.50 DTI below guideline of 45. | ||
| 304435515 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2700 | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | No | List of homeowners counseling organizations dated 07/09 not provided w/in 3 days of application date of 06/27/2024 | 10/09/2024 Client provided missing List of homeowners counseling organizations dated 6/27. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been on current job for 18 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-borrower has been on job for 22 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been at current residence for 15 years. | ||
| 304435515 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Initial CD 9/17/2024 esigned 09/23/2024 less than 3 days prior to consummation date of 09/25/2024 | 10/14/24 Client provided XXX tracking for LE 7/9/24. Per client, initial CD was mailed and mailing rule applies. Condition remains and is pending receiving confirmation for initial CD 9/17/24 was mailed as disclosure is e-signed on 9/23/24. 10/15/2024 Client provided a Disclosure history reflecting CD 9/17 was provided via E-disclosure however not viewed/signed until 9/23 which does not allow a full 3 day wait period with closing date on 9/25. Provide evidence that Both received the Initial CD 9/17 dated allowing for 3 full days.10/21/2024 Client provided rebuttal reflecting CD was sent 9/17 and 3 day mail rule applies. Closing date 9/17 allows for closing on or after 9/24. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been on current job for 18 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-borrower has been on job for 22 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been at current residence for 15 years. | ||
| 304633586 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Missing T.42 Title Endorsement. | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 713 exceeds guide lines. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 62.56% is below lender's guide line maximum of 80%. | ||
| 304633586 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42.1 Title Endorsement. | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 713 exceeds guide lines. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 62.56% is below lender's guide line maximum of 80%. | ||
| 304633585 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 29.46 is less than the max of 45. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 59.65 is less that the max of 90. | |||||||||||||||||
| 304633583 | XXXXXX | XXXXXX | WI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 12 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 10 years. | |||||||||||||||||
| 304636861 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 749 > is above guideline minimum credit score. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x25 exceeds mortgage history guidelines. | |||||||||||||||||
| 304435513 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30 x45 months > minimum required of 0x30 x12 CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has occupied subject property for 20 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 716 mid score > minimum required of 680 (up to 75% CLTV) CFCFS1744: DTI below guideline requirement - Clayton Comments: 38.26% < maximum permitted of 45% | |||||||||||||||||
| 304633581 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 8 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 9 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower FICO score is 744 max per guidelines is 720. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 69.68% max per guidelines is 85%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 26.18% max per guidelines is 45%. | |||||||||||||||||
| 304633580 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | D | A | D | A | CRDTIL796 | Missing Title | No | Missing Property Report | 1.23.2025 Client provided Property Summary Report | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 24 years current residence time CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 29.6 years current job time CFCFS5269: Minimal use of credit - Clayton Comments: 18% revolving credit line utilization | ||
| 304633579 | XXXXXX | XXXXXX | MI | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | The test APR is 10.304%, the benchmark APR is 6.690% resulting in a difference of 3.614%, max difference allowed is 3.500%. | 01/16/2025 Client provided an updated XXX 1/15 reflecting QM status as Presumption of Compliance. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO score 701 exceeds guidelines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 10 years at current job. | ||
| 304633578 | XXXXXX | XXXXXX | MS | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance due to Title Examination fee $100 added to final CD 12/18/24 section B. No COC form provided fee amount details as to why fee was added. No cure provided on borrower final CD prior to close. Condition pending receipt detailed COC with fee addition validated or Post CD reflecting lenders cure, LOX, Refund of $100 w/ Proof of Delivery. | 01/13/2025 Client provided PCCD 1/10 with Principal Reduction, LOE and loan transaction history reflecting payment applied. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job, 8 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: B2 has significant time at current job, 22 years. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 8 years. CFCFS1749: Additional documented income not used in qualifying - Clayton Comments: Additional documented income (2nd job for B1) not being used in qualifying. | ||
| 304636860 | XXXXXX | XXXXXX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance due to Appraisal fee increase in the amount of $100 on revised CD 12/18/24. COC issued 12/11 lists fee amount but does not give sufficient details as to why fee was added. No cure provided on borrower final CD prior to close. Condition pending receipt detailed COC with fee increase validated or Post CD reflecting lenders cure, LOX, Refund of $100 w/ Proof of Delivery. | 01/31/2025 Client provided PCCD 1/30 with Principal Reduction, LOE and Loan transaction History reflecting payment applied. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 23 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job, 9 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 713 > is above guideline minimum credit score. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x47 exceeds mortgage history guidelines. | ||
| 304633577 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 67% CLTV is 18% below the maximum guideline requirement of 85%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 755 credit score exceeds the guideline minimum credit score of 680 by 75 points. | |||||||||||||||||
| 304636859 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 60 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 39.29% below guideline requirement of 45% | |||||||||||||||||
| 304633576 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 19 years, 11 months at current residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: 61.56% CLTV; 75% max allowed. | |||||||||||||||||
| 304636858 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 713 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 5 years at current job. | |||||||||||||||||
| 304633575 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 731 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 62.47% is 22.53 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x24 exceeds mortgage history guidelines. | |||||||||||||||||
| 304633574 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 776 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 35.80 DTI below guideline of 45. | |||||||||||||||||
| 304435508 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 742 is 42 points above program guideline minimum of 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 39.08% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304633573 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE320 | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Missing T.42 Title Endorsement | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 5 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 15 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower FICO score is 748 max per guidelines is 720. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 69.81% max per guidelines is 85%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 31.72% max per guidelines is 45%. | ||
| 304633573 | XXXXXX | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Texas Home Equity | Waived | B | B | B | B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42 Title Endorsement | 12/6/24 client provided an approved exception for missing T.42 Title endorsement | Initial and final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 5 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 15 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower FICO score is 748 max per guidelines is 720. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 69.81% max per guidelines is 85%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 31.72% max per guidelines is 45%. | ||
| 304435507 | XXXXXX | XXXXXX | IN | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: The HCLTV is 62.36% and guidelines allow the HCLTV to be 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The lowest middle credit score is 727 and guidelines allow the credit score to be 700. | |||||||||||||||||
| 304435505 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | D | A | D | A | CRDCRMH189 | Missing credit report | No | Credit report was provided for spouse, however borrowers credit report was not in file. | 10.9.2024 Client provided Credit report dated 8.22.2024 | Condition satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been on current job for 6 years. | ||
| 304435505 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | LTV/CLTV | Satisfied | C | A | C | A | CRDLTV3030 | CLTV Exceeds Guideline Requirement by less than 5% | No | Condition Triggered upon receipt and review of Credit reportFico score 666 requires Max LTV of 70.00%Current LTV is 70.07% which exceed maximum of 70.00%; difference is 1st lien balance of $XXX,XXX.XX (per VOM and Lookup) however Lender is using balance of $XXX,XXX.XX Provide documentation that supports balance of $XXX,XXX | 10/09/2024 client provided updated statement reflecting current balance of $XXX,XXX.XX. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been on current job for 6 years. | ||
| 304633571 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 44% CLTV is 41% below the max allowed per the program requirement of 85%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The 742 credit score exceeds the guideline minimum credit score of 660 by 82 points. | |||||||||||||||||
| 304636857 | XXXXXX | XXXXXX | CT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2642 | Missing proof that HELOC has been paid and closed to future draws | No | Missing proof that HELOC has been paid and closed to future draws once paid off. | 1.30.2025 Client provided executed by borrowers requesting closure of HELOC w/XXX | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 676 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 69.64 is 5.36 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x50 exceeds mortgage history guidelines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI: 37.43% is 7.57 points below the guideline program minimum. | ||
| 304435501 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 10/14/24 Client provided confirmation CD was mailed to NBS, mailing rule was applied and CD was received timely. Condition is satisfied | 10/14/24 Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 74.69 is 5.31 points below the guideline program minimum. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 714 > is above guideline minimum credit score. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI: 34.07% is 10.93 points below the guideline program minimum. | ||
| 304435501 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | OH CSPA; Home Mortgage Information Document not provided | 10/09/2024 Client provided missing OH CSPA; Home Mortgage Information Document with acknowledgement disclosure dated 8/21. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 74.69 is 5.31 points below the guideline program minimum. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 714 > is above guideline minimum credit score. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI: 34.07% is 10.93 points below the guideline program minimum. | ||
| 304633569 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 10 Years CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 42.37% is below maximum allowed of 80% | |||||||||||||||||
| 304633567 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job, 8 years 8 months | |||||||||||||||||
| 304435497 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 26 years current job time CFCFS1736: Significant time at current residence - Clayton Comments: 23.1 years current residence time CFCFS5269: Minimal use of credit - Clayton Comments: 36% revolving credit utilization | |||||||||||||||||
| 304633566 | XXXXXX | XXXXXX | WV | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 69.37% LTV below guideline requirements of 75.00% per program. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 30+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 34.92% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304636855 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 757 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 47.66 is 37.34 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x76 exceeds mortgage history guidelines. | |||||||||||||||||
| 304636854 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 64% LTV is 21% below the maximum guideline requirement of 85%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The 720 credit score exceeds the 660 guideline minimum by 60 points. | |||||||||||||||||
| 304633562 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA858 | Natural Disaster Area, no subsequent inspection (Individual & Public) | No | Appraisal date 11/22/24. FEMA Disaster Declarations on 01/08/2025 due to Wildfires and Straight-Line Winds in the Area. Provide post disaster property inspection. May be subject to additional conditions upon review. | 1/27 Client provided a post disaster inspection dated 1/23/25 showing no damage to the subject since the FEMA event | Satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 8 years and 10 months CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 9 years and 11 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 58.01% LTV below guideline requirements of 85.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 725 is 65 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | ||
| 304636853 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Max CLTV is 80% and the borrower has a 51.791% CLTV. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been in the current residence for 20 years. | |||||||||||||||||
| 304636852 | XXXXXX | XXXXXX | MO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 789 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 63.57 is 26.43 points below the guideline program minimum. | |||||||||||||||||
| 304435491 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 44% below guideline requirements of 70% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 57 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 7.83 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 21.5 years | |||||||||||||||||
| 304633561 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 30 years and 11 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 21 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 58.96% LTV below guideline requirements of 85.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 739 is 79 points above program guideline minimum of 660. | |||||||||||||||||
| 304633559 | XXXXXX | XXXXXX | MN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 53.99% is 36.01 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x55 exceeds mortgage history guidelines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI: 35.37% is 9.63 points below the guideline program minimum. | |||||||||||||||||
| 304633558 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 781 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 37.10% is 52.90 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x41 exceeds mortgage history guidelines. | |||||||||||||||||
| 304633557 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 20.8 years current residence time CFCFS1734: Borrower has significant time at current job - Clayton Comments: 40.10 years current job time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 68 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. | |||||||||||||||||
| 304633556 | XXXXXX | XXXXXX | NV | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | D | A | D | A | CRDTIL796 | Missing Title | No | Missing title report. | 1.13.2025 Client provided Title Summary Report, subject is a Condo and Condo approval and Condo Master Policy in loan file | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 758 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 34.09 DTI below guideline of 45. | ||
| 304633555 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/10/2025 Client provided a XXX for Non-Borrower reflecting CD sent on 12/3 and completed on 12/6. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 782 > is above guideline minimum credit score. CFCFS1749: Additional documented income not used in qualifying - Clayton Comments: Borrower has additional overtime income that is not being used to qualify. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 64.51% is 25.49 points below the guideline program minimum. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI: 30.99% is 14.01 points below the guideline program minimum. | ||
| 304633554 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 738 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 39.04 DTI below guideline of 45. | |||||||||||||||||
| 304435487 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 7 years and 1 month CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 6 years and 10 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: 52.60% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 748 is 88 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 48+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 36.30% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304633553 | XXXXXX | XXXXXX | NY | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 58.99% is 21.01 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x28 exceeds mortgage history guidelines. | |||||||||||||||||
| 304435485 | XXXXXX | XXXXXX | AL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Clayton status reflect QM status as Non-QM Lender documented all ATR UW factors. Lender reflects QM Safe Harbor. The test APR is 9.592%, the benchmark APR is 6.040% resulting in a difference of 3.552%, max difference allowed is 3.50% | 10/15/24 Client provided a 10/12 XXX reflecting QM Safe Harbor. Condition remains. The XXX reflects an APOR index lookup date of 8/14, however per the documents in file, the Rate Set Date is 8/19 (COC and Rate Lock are both dated 8/19 with re-disclosure of the first Lock on the 8/19 LE).10/18/2024 Client provided 8/14 lock confirmation reflecting exp date of 11/12. | Satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 6 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 11 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 71.51% max per guidelines is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower FICO score is 716 max per guidelines is 700. | ||
| 304435484 | XXXXXX | XXXXXX | NV | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 10 years, 8 months at current residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: 41.91% CLTV; 80% max allowed. CFCFS1744: DTI below guideline requirement - Clayton Comments: 32.26% DTI; 45% max allowed. | |||||||||||||||||
| 304636850 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 25 years. | |||||||||||||||||
| 304435482 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Borrower Acknowledged receipt of Initial CD 09/24/2024 on 09/24/2024. Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 10/14/24 Client provided XXX tracking for initial CD 9/24/24 confirming NBS received it on 9/24/24. Condition satisfied | Condition satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 27 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 37.23% is 32.77 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x28 exceeds mortgage history guidelines. | ||
| 304633552 | XXXXXX | XXXXXX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Missing evidence in file both title holder have received initial CD 12/31/2024 min 3 days prior to closing. | 01/23/2025 Client provided One Spans for both reflecting CD sent 12/31. Borrower completed 12/31 and Non-Borrower viewed on 12/31. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 27.26 is less than the max of 45. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 65.28 is less than the max of 90. | ||
| 304633551 | XXXXXX | XXXXXX | NV | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned the subject property for 20 years 2 months. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been with current employer since 11/1/2018. CFCFS1737: LTV below guideline requirements - Clayton Comments: 61.53% CLTV is 8.02% below the maximum allowable CLTV of 69.55%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 760 is 100 points above the minimum required score of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 31.94% DTI is below the maximum allowed DTI of 45%. | |||||||||||||||||
| 304633550 | XXXXXX | XXXXXX | MS | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | B | B | B | A | A | A | B | B | B | B | B | A | A | A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH3000 | # of Tradelines Does Not Meet Guideline Requirements | No | B2 does not meet 3 open tradelines requirement. B2 have 2 open tradelines | 12.25.2024 Client provided exception approval for B2 not meeting tradelines requirement | Final Grade B | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 26.41% below guideline requirement CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 22 years 5 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 47.41% CLTV below guideline requirements. Max CLTV 80.00% | ||
| 304633550 | XXXXXX | XXXXXX | MS | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | B | B | B | B | A | A | A | B | B | B | B | B | A | A | A | Property Valuations | Property | Satisfied | B | A | B | A | PRVAPROP177 | Property Issues Indicated | No | AVM do not reflect subject Lot size, provide evidence of subject Lot size | 1.8.2025 Client provided XXX supporting lot size of 0.64 | Condition satisfied | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 26.41% below guideline requirement CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 22 years 5 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 47.41% CLTV below guideline requirements. Max CLTV 80.00% | ||
| 304633549 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 749 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 62.96% is 22.04 points below the guideline program minimum. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI: 36.73% is 8.27 points below the guideline program minimum. | |||||||||||||||||
| 304633548 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 31% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 50 years | |||||||||||||||||
| 304633547 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | A | A | A | A | D | B | D | B | A | A | A | A | D | B | Compliance | Compliance Manual | Satisfied | D | B | D | B | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/28/2025 Client provided request to Satisfy 2B. They are unable to provide documentation of Non-Borrower received CD 3 prior. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 28 years at current job. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 741 exceeds guide lines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 31.43% is below lender's guide line maximum of 45%. | ||
| 304636849 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 30.81% max per guidelines is 45%. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 60.33% max per guidelines is 90%. | |||||||||||||||||
| 304435478 | XXXXXX | XXXXXX | AZ | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Lender provided a QM worksheet with a safe harbor status. Clayton determinations is rebuttable due to Fees exceed allowable threshold of 3.50%. | 10/15/2024 Client provided an updated XXX 10/12 reflecting QM Status of Presumption of Compliance. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 694 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 69.55% is 5.45 points below the guideline program minimum CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI: 37.61% is 7.4 points below the guideline program minimum. | ||
| 304633546 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | OH CSPA; Home Mortgage Information Document not provided | 01/22/2025 Client provided missing OH CSPA; Home Mortgage Information Document with acknowledgement disclosed on 12/03. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been owning the property for 5 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has >16 years time at current job | ||
| 304636848 | XXXXXX | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 762 exceeds guide lines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has stable employment with 6 years at current. | |||||||||||||||||
| 304633542 | XXXXXX | XXXXXX | OH | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | State Consumer Protection | Satisfied | B | A | B | A | CMPSTCP117 | OH CSPA; Home Mortgage Information Document not provided | No | Missing OH CSPA Home Mortgage Information Document. | 01/21/2025 Client provided Acknowledgement of receipt for Home Mortgage Information Document however the Document it self is missing. Condition remains. Provide the missing OH CSPA; Home Mortgage Information Document.01/22/2025 Client provided the missing OH CSPA; Home Mortgage Information Document. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 700 exceeds guide lines. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 51.13% is below lender's guide lines maximum of 80%. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been living at current residence for 15 years. | ||
| 304435476 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV actual of 69.85 is less than 80. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI actual of 39.70 is below max of 45. | |||||||||||||||||
| 304633541 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 75% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 67 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 37.97% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5.92 years | |||||||||||||||||
| 304435473 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 16yrs and 3 months which exceeds the minimum required 2yrs by 14yrs and 3 months. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower's fico score of 812 exceeds the guideline minimum requirement of 700 by 112 points. | |||||||||||||||||
| 304435472 | XXXXXX | XXXXXX | AR | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | D | A | D | A | D | A | A | A | D | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 10/08/2024 Client provided XXX reflecting CD sent 9/11 and viewed on 9/12. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 51% is 29% below the maximum allowed CLTV by 29%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower's qualifying credit score of 793 exceeds the program minimum credit score of 700 by 93 points. | ||
| 304435472 | XXXXXX | XXXXXX | AR | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | D | A | D | A | D | A | A | A | D | A | D | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR275 | Completed "Subject To" w/o Completion Cert in File | No | Missing 1004D/completion cert to verify master bathroom is complete. | 10.9.2024 Client provided 1004D with completion of Master Bedroom 100% complete with photos | Condition satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV of 51% is 29% below the maximum allowed CLTV by 29%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower's qualifying credit score of 793 exceeds the program minimum credit score of 700 by 93 points. | ||
| 304633537 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 40 month mortgage payment history exceeds the 12 month guideline minimum requirement by 28 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: The 38% DTI is 7% below the guideline maximum requirement of 45%. | |||||||||||||||||
| 304636847 | XXXXXX | XXXXXX | MN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: 50.27% LTV below guideline requirements of 85.00% per program. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 38 years and 5 months. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 745 is 85 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: 31.75% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304435471 | XXXXXX | XXXXXX | NH | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 10.2 years current job time CFCFS1736: Significant time at current residence - Clayton Comments: 7.6 years current residence time CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 30 mos. mtg. payment history exceeds guideline min. requirement of 12 mos. CFCFS5269: Minimal use of credit - Clayton Comments: 16% revolving credit line utilization | |||||||||||||||||
| 304435470 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC806 | Notary Status is missing | No | Mortgage Notary Date is X/X/XXXX which is in the future. Provide copy of corrected Notary acknowledgement. | 10/23/2024 Client provided corrected Mortgage with letter for intent to re-recorded. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 737 > is above guideline minimum credit score. CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession, 15 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job, 7 years. | ||
| 304435467 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: 10 years, 6 months at current residence. CFCFS1734: Borrower has significant time at current job - Clayton Comments: 27 years, 6 months at current job. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 26 years, 2 months at current job. | |||||||||||||||||
| 304435466 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 675 > is above guideline minimum credit score. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 6 years. | |||||||||||||||||
| 304633535 | XXXXXX | XXXXXX | MT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 25.99% is below lender's guide line maximum of 45%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 815 exceeds guide lines. | |||||||||||||||||
| 304633534 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x38 exceeds mortgage history guidelines. CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession, 23 years. | |||||||||||||||||
| 304633533 | XXXXXX | XXXXXX | NY | QM: Rebuttable Presumption (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 770 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 78.86% is 11.14 points below the guideline program minimum. | |||||||||||||||||
| 304633531 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been at current residence for 8.2 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: bORROWER AT CURRENT JOB FOR 6 YEARS. | |||||||||||||||||
| 304636846 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower in current residence for 14 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: Max allowed CLTV is 80% and the borrowers have a 62.743% CLTV. | |||||||||||||||||
| 304636845 | XXXXXX | XXXXXX | UT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 85%. Loan LTV is 51.15%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 680. Loan credit score is 732. | |||||||||||||||||
| 304633528 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 805 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 29.06% is 60.94 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x47 exceeds mortgage history guidelines. | |||||||||||||||||
| 304633527 | XXXXXX | XXXXXX | MA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been owning the property for 23 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 50.46% below guideline requirements 75.00%. | |||||||||||||||||
| 304633526 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Per Onespan tracking found in file, missing initial LE 11/27/2024 | 01/22/2025 Client provided missing Initial LE 11/27. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV allowed is 85%. Loan LTV is 53.78%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Minimum credit score required is 660. Loan credit score is 744. | ||
| 304636844 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: Low DTI 29 % Guidelines Require 45 % CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 34 Years at Current Residence CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 24 Years in Current Profession | |||||||||||||||||
| 304633525 | XXXXXX | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 757 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 37.93% is 47.07 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x64 exceeds mortgage history guidelines. | |||||||||||||||||
| 304633524 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 01/24/2025 Client provided a XXX for the Non-Borrower reflecting CD sent and completed on 1/8. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 787 > is above guideline minimum credit score. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x52 exceeds mortgage history guidelines. | ||
| 304636842 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 745 > is above guideline minimum credit score. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job, 17 years. | |||||||||||||||||
| 304633522 | XXXXXX | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA858 | Natural Disaster Area, no subsequent inspection (Individual & Public) | No | No subsequent property inspection completed after the these FEMA Disaster Declaration # XXXX declaration date of X/X/XX for Wildfires and Straight-Line Winds. | 1.24.2025 Client provided Post Disaster inspection dated 1.23.2025 with no damage along with exterior photos | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 732 > is above guideline minimum credit score. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x21 exceeds mortgage history guidelines. | ||
| 304435459 | XXXXXX | XXXXXX | MO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Initial CD dated 9/26/2024 is not signed and there is no evidence in file of when it was delivered to borrowers. Provide proof borrowers received an accurate CD 3 business days prior to closing | 10/17/2024 Client provided XXX reflecting both received CD and signed on 9/26. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 45.07% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 757 is 97 points above program guideline minimum of 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 48+ months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | ||
| 304633520 | XXXXXX | XXXXXX | CA | QM: Rebuttable Presumption (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower has positive mortgage history of 21/26 months @ 0 x 30. | |||||||||||||||||
| 304633519 | XXXXXX | XXXXXX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has > 10 years time at current job CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 50.11% below guideline requirements 80.00% CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 37.42% below guideline requirement 45.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 716 exceeds guidelines 700. | |||||||||||||||||
| 304633518 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2700 | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | No | List of homeowners counseling organizations dated 11/11/2024 was not provided to the borrower within 3 days of application date of 11/04/2024. | 01/15/2025 Client provided the missing List of homeowners counseling organizations dated 11/07. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 746 > is above guideline minimum credit score. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x42 exceeds mortgage history guidelines. | ||
| 304435458 | XXXXXX | XXXXXX | VA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The credit score of 778 exceeds the minimum required credit score of 700 by 78 points. CFCFS1744: DTI below guideline requirement - Clayton Comments: The DTI of 27% is 18% below the maximum DTI allowed of 45%. | |||||||||||||||||
| 304633517 | XXXXXX | XXXXXX | IL | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Application | Satisfied | D | A | D | A | CRDAPP130 | Application is incomplete | No | Initial application is incomplete- Page 9 section 9: Loan Originator Information is missing the Lender signature. | 1.9.2025 Client provided 1003 with originator information and lender signature however 1003 provided is not for subject transaction. Initial condition remains 1.13.2025 Client provided Lender initial documents including initial application with Loan Originator with signature | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 696 > is above guideline minimum credit score. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x48 exceeds mortgage history guidelines. | ||
| 304633516 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 7 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 30 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower FICO score is 746 max per guidelines is 720. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 71.07% max per guidelines is 85%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 33.41% max per guidelines is 45%. | |||||||||||||||||
| 304633515 | XXXXXX | XXXXXX | CT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 49% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 63 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 37.89% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 25 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 6 years | |||||||||||||||||
| 304633514 | XXXXXX | XXXXXX | IN | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 803 > is above guideline minimum credit score. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 51.84% is 38.16 points below the guideline program minimum. | |||||||||||||||||
| 304636841 | XXXXXX | XXXXXX | OR | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC150 | Income docs do not meet guidelines | No | Co-borrower is qualified with monthly Housing Allowance 2828.00 from XXX, however, 1003 does reflect any employment or employer.Lender to provide explanation or completed 1003 with employment information or association of borrower with XXX | 2.5.2025 Client provided updated 1003 with including B2 employment info w/XXX | Condition satisfied | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 40.19% below guideline requirement 45.00%. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been owning the property > 5 years. CFCFS2854: Significant time in profession - Clayton Comments: B1 has been in the profession for 10 years. | ||
| 304633513 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 29 years and 2 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 55.71% LTV below guideline requirements of 85.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 751 is 91 points above program guideline minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 37.44% DTI is below guideline requirement of 45.00%. | |||||||||||||||||
| 304633512 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 718 > is above guideline minimum credit score. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x99 exceeds mortgage history guidelines. | |||||||||||||||||
| 304636840 | XXXXXX | XXXXXX | NV | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico score 795 exceeds guide lines. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 34.05% is below lender's guide line maximum of 80%. | |||||||||||||||||
| 304633511 | XXXXXX | XXXXXX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: Max allowed DTI is 50% and the borrowers have a 25.34% DTI. | |||||||||||||||||
| 304636839 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | Documentation | Satisfied | B | A | B | A | CMPDOC2862 | TILA - Loan Originator information missing from Mortgage. | No | Missing page 16 of the Deed of Trust. | 02/06/2025 Client Provided copy of the full Mortgage including page 16 that was missing from the original file. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 685 FICO exceeds guideline of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments: 30.91 DTI below guideline of 45. | ||
| 304633510 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: Max DTI is 50% and the borrower has a31.019% DTI. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have been at current residence for 16 years. | |||||||||||||||||
| 304633509 | XXXXXX | XXXXXX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | State High Cost | Satisfied | C | A | C | A | CMPSTHC873 | MD High-Cost Loan by exceeding point and fee threshold, | No | File is missing the Fee Split worksheet. Provide worksheet for further testing. Additional conditions may apply.Adjusted Charges$1,956.19Total Loan Amount$47,787.17Maximum Charges %4.000%Maximum Charges$1,911.49Charges Margin to Threshold$44.70Total Charges %4.094%Exceeds fees test threshold?Yes | 01/23/2025 Client provided missing Fee Split Document for proper allocation for Affiliate fees. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 9 years. CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession, 13 years. | ||
| 304636837 | XXXXXX | XXXXXX | OR | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 15.08 is 64.92 points below the guideline program minimum. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence 7 years. | |||||||||||||||||
| 304633507 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 34% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 83 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 34.72% below guideline requirement of 45% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 35.08 years | |||||||||||||||||
| 304633506 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x30 exceeds mortgage history guidelines. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence, 21 years. | |||||||||||||||||
| 304633505 | XXXXXX | XXXXXX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x33 exceeds mortgage history guidelines. CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession, 10 years. | |||||||||||||||||
| 304633504 | XXXXXX | XXXXXX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 23 years and 9 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 22 years and 1 month CFCFS1737: LTV below guideline requirements - Clayton Comments: 51.24% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 713 is 53 points above program guideline minimum of 660. | |||||||||||||||||
| 304633502 | XXXXXX | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | COC form provided 12/21/24 indicating revised disclosure w/ numerical changes was issued. Missing revised LE. | 01/28/2025 Client provided a collaborate comment stating COC indicating that a disclosure went to the borrower on 12/23 is inaccurate. No disclosures went out to the borrower that day. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 62.41% is 17.59 points below the guideline program minimum. CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession, 32 years. | ||
| 304435449 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide documentation non-borrowing spouse received an accurate CD 3 business days prior to closing. If unable to provide, the exception will be a satisfied non-material 2B using the signed CD at closing. | 10/22/2024 Client provided XXX for both reflecting CD sent and viewed on 9/26. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying credit score of 772 is well above guideline threshold of 700. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for 14 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 5 years. | ||
| 304435449 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Compliance | Right of Rescission | Satisfied | C | A | C | A | CMPROR114 | ROR - Right of Rescission not executed by all title holders | No | ROR provided for Borrower 2, ROR is missing for Borrower 1. Provide Right of Rescission executed by all title holders. | 10/22/2024 Client provided Fully Executed ROR forms signed at closing. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying credit score of 772 is well above guideline threshold of 700. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for 14 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 5 years. | ||
| 304435449 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR289 | Insufficient Hazard Insurance Coverage | No | Required hazard insurance coverage is $XXX,XXX.XX and policy in file verifies a coverage amount of $XXX,XXX with no indication of extended replacement cost coverage on policy. | 10.22.2024 Client provided HOI RCE, HOI reflects sufficient coverage | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying credit score of 772 is well above guideline threshold of 700. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for 14 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 5 years. | ||
| 304435449 | XXXXXX | XXXXXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR5353 | Insurance Expiration date is prior than the transaction date | No | Evidence of insurance in file expired on 10/4/2024 and transaction date was XXX | 10.22.2024 Client provided current HOI policy 10.4.2024 - 2025 | Condition satisfied | Not Applicable | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying credit score of 772 is well above guideline threshold of 700. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for 14 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 5 years. | ||
| 304633501 | XXXXXX | XXXXXX | NC | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x32 exceeds mortgage history guidelines. | |||||||||||||||||
| 304435448 | XXXXXX | XXXXXX | MD | QM: Safe Harbor | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3640 | TRID - CD: Zero tolerance fee or fees increased at or prior to closing without a valid reason or the revised LE/CD was not timely disclosed; insufficient credit or refund provided | No | Zero tolerance due to Title Examination fee $100 added to initial CD 09/03/24. No COC form provided listing fee amount or details as to why fee was added. Cure provided or $1402.76 on final CD for transfer tax increase, insufficient to satisfy. Condition pending receipt detailed COC with fee addition validated or Post CD reflecting lenders cure, LOX, total Refund of $1502.76 w/ Proof of Delivery. | 10/08/2024 Client provided PCCD 10/7 with Principal Reduction, LOE and Loan transaction history reflecting Payment applied. | Condition Satisfied. | Numeric | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 6 years and 9 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 7 years and 6 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 71.78% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 724 is 44 points above program guideline minimum of 680. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 45+ months with 0x30 Mortgage payment history exceeds guidelines of 24 months. | ||
| 304435447 | XXXXXX | XXXXXX | IL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI actual 38.17 max is 45. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV actual of 54.16 is less than max of 70. | |||||||||||||||||
| 304636835 | XXXXXX | XXXXXX | SC | QM: Rebuttable Presumption (APOR) | QM: Rebuttable Presumption (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 71.84 is 8.16 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x38 exceeds mortgage history guidelines. | |||||||||||||||||
| 304636834 | XXXXXX | XXXXXX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV: 60.66 is 14.34 points below the guideline program minimum. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 0x30x33 exceeds mortgage history guidelines. | |||||||||||||||||
| 304633498 | XXXXXX | XXXXXX | OK | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | D | A | D | A | CRDTIL865 | Title incomplete | No | Property report summary is showing lien for XXX - $25,000-4/26/16 last active and closed on 11/1/20. Report is not showing lien for the 1st mortgage from XXX.- $239,600-3/14/13. This loan is still active on credit report and is showing updated mortgage information from VOM. | 1.29.2025 Client provided updated Title Summary Report with 1st lien dated March 14, 2013 and 2nd lien on Title w/XXX have been paid and closed of 11.1.2020 (per Credit report) | Condition satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 812 > is above guideline minimum credit score. CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession, 33 years. | ||
| 304636833 | XXXXXX | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance due to Title Examination fee $100 added to initial CD 12/23/24 section B. No COC provided that lists fee amount or any details as to why fee was added. No cure provided on borrower final CD prior to close. Condition pending receipt detailed COC with fee addition validated or Post CD reflecting lenders cure, LOX, Refund of $100 w/ Proof of Delivery. | 02/04/2025 Client provided PCCD 2/3 with Principal Reduction, LOE and Loan Transaction history reflecting payment applied | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower been at current residence for 14 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current job for 14 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 50.38% max per guidelines is 85%. | ||