Vista Point Assets LLC ABS-15G
Exhibit 99.3 - Schedule 1
| TPR Firm: | |
Report Date: | 7/7/2025 | |
| Client Name: | Vista Point Mortgage | Report: | Exception Report | |
| Deal Name: | VSTA 2025-CES2 | Loans in report: | 136 | |
| Incenter Loan ID | Client Loan ID | Seller Loan ID | Investor Loan ID | Overall Initial Loan Grade | Overall Final Loan Grade | Credit Initial Loan Grade | Credit Current/Final Loan Grade | Compliance Initial Loan Grade | Compliance Current/Final Loan Grade | Property Initial Loan Grade | Property Current/Final Loan Grade | Queue | Finding Code | Date Created | Date Modified | Finding Status | Event Level | Initial Finding Grade | Current/Final Finding Grade | Finding Category | Finding Sub Category | Finding Name | Finding Comments | Seller Comments | Resolution Comments | Reviewer Comp Factor | Originator Comp Factors | Finding Documents | Originator QM Status | Final Reviewed QM Status | Loan Amount | Property State | Occupancy | Loan Purpose | Refinance Purpose | Acknowledged / WaivedBy | Waiver in File? |
| XXX | 337341 | XXX | XXX | C | A | C | A | A | A | A | A | Closed | FCRE8201 | 2025-01-31 16:02 | 2025-03-07 16:29 | Resolved | 1 - Information | C | A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Documentation received supporting no Balloon Payment on modification agreement for Senior Lien. - Due Diligence Vendor-03/07/2025 Counter-Received Lender and Borrower LOX. along with modification agreement, however insufficient to clear condition. Modification Agreement reflects Deferred Balance now amortizing as a Balloon payment with a Maturity Date occurring prior to subject lien Maturity Date, which is ineligible per guidelines. - Due Diligence Vendor-03/04/2025 Ready for Review-Document Uploaded. See attached - Seller-03/04/2025 Open-Senior lien not contains a negative amortization clause, and the mortgage statement reflects a deferred balance, both are ineligible per guidelines. - Due Diligence Vendor-01/31/2025 |
Ready for Review-Document Uploaded. See attached - Seller-03/04/2025 |
Resolved-Documentation received supporting no Balloon Payment on modification agreement for Senior Lien. - Due Diligence Vendor-03/07/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
XXX LOE - loan modification Hardship.pdf Rebuttal XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 314701 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE3978 | 2025-02-28 09:33 | 2025-03-07 11:04 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Letter of Explanation (Credit) | Resolved-Lender commentary received - Title and credit report do not reflect solar panel liability. - Due Diligence Vendor-03/07/2025 Ready for Review-Appraisal states panels are owned, there's no mention of the panels on title or on credit report. - Seller-03/06/2025 Open-Missing evidence borrower owns the solar panels on home free and clear. - Due Diligence Vendor-02/28/2025 |
Ready for Review-Appraisal states panels are owned, there's no mention of the panels on title or on credit report. - Seller-03/06/2025 |
Resolved-Lender commentary received - Title and credit report do not reflect solar panel liability. - Due Diligence Vendor-03/07/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 90% |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 314701 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE6618 | 2025-02-28 09:34 | 2025-03-07 09:36 | Resolved | 1 - Information | C | A | Credit | Borrower | Borrower information on 1003 is incomplete | Resolved-Received revised URLA reflecting marital status as XXX. - Due Diligence Vendor-03/07/2025 Ready for Review-Document Uploaded. - Seller-03/06/2025 Counter-Received lender commentary will provide updated URLA. Original condition remains. - Due Diligence Vendor-03/06/2025 Ready for Review-will provide corrected 1003 thank you, - Seller-03/06/2025 Ready for Review-Document Uploaded. - Seller-03/06/2025 Open-Missing confirmation if Borrower is XXX: URLA reflects as XXX and title reflects as XXX. - Due Diligence Vendor-02/28/2025 |
Ready for Review-Document Uploaded. - Seller-03/06/2025 Ready for Review-will provide corrected 1003 thank you, - Seller-03/06/2025 Ready for Review-Document Uploaded. - Seller-03/06/2025 |
Resolved-Received revised URLA reflecting marital status as unmarried. - Due Diligence Vendor-03/07/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 90% |
XXX PRELIM TITLE page 1 of 27 SEE VESTING.pdf XXX 1003.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 314701 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1201 | 2025-02-27 10:38 | 2025-03-06 17:38 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received cleared fraud report reflecting sufficient explanation for clearance of high alert items. - Due Diligence Vendor-03/06/2025 Ready for Review-Document Uploaded. - Seller-03/06/2025 Open-Missing Third Party Fraud Report Missing Third Party Fraud Guard. - Due Diligence Vendor-02/28/2025 |
Ready for Review-Document Uploaded. - Seller-03/06/2025 |
Resolved-Received cleared fraud report reflecting sufficient explanation for clearance of high alert items. - Due Diligence Vendor-03/06/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 90% |
XXX Fraud.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 314701 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE5782 | 2025-02-26 16:29 | 2025-03-06 14:12 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received gap credit report reflecting no new debts. - Due Diligence Vendor-03/06/2025 Ready for Review-Document Uploaded. - Seller-03/06/2025 Open-Borrower 1 Gap Credit Report is Missing Missing GAP report for both borrowers: Per lender guidelines GAP report is required if Note date is greater than 30 days after the date of the credit report. - Due Diligence Vendor-02/28/2025 |
Ready for Review-Document Uploaded. - Seller-03/06/2025 |
Resolved-Received gap credit report reflecting no new debts. - Due Diligence Vendor-03/06/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 90% |
XXX soft 2-11.pdf XXX SOFT 2-11.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 314701 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM8805 | 2025-02-28 09:31 | 2025-03-06 13:58 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-03/06/2025 Ready for Review-Document Uploaded. - Seller-03/06/2025 Open-Missing Borrower's Certification & Authorization for XXX. - Due Diligence Vendor-02/28/2025 |
Ready for Review-Document Uploaded. - Seller-03/06/2025 |
Resolved-Received borrower authorization. - Due Diligence Vendor-03/06/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 90% |
CREDIT AUTH.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 375431 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM8805 | 2025-02-18 13:35 | 2025-02-20 09:04 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received Borrower Authorization. - Due Diligence Vendor-02/20/2025 Ready for Review-Document Uploaded. - Seller-02/19/2025 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX - Due Diligence Vendor-02/18/2025 |
Ready for Review-Document Uploaded. - Seller-02/19/2025 |
Resolved-Received Borrower Authorization. - Due Diligence Vendor-02/20/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
Borrowers Auth.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 375431 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE5782 | 2025-02-18 09:51 | 2025-02-19 16:35 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received UDM report reflecting no new inquiries or debt. - Due Diligence Vendor-02/19/2025 Ready for Review-Document Uploaded. - Seller-02/19/2025 Open-Borrower 1 Gap Credit Report is Missing Missing Gap report per lender guidelines GAP report is required if Note date is greater than 30 days after the date of the credit report of XXX. - Due Diligence Vendor-02/19/2025 |
Ready for Review-Document Uploaded. - Seller-02/19/2025 |
Resolved-Received UDM report reflecting no new inquiries or debt. - Due Diligence Vendor-02/19/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
CREDIT UDM MONITORING.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 375431 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1145 | 2025-02-19 13:00 | 2025-02-19 15:44 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Title Document Missing | Resolved-XXX is an approved seller of XXX for the Texas 50a6 seconds. - Due Diligence Vendor-02/19/2025 Open-Missing prior approval from XXX due to subject being a TX(50)(a)(6). - Due Diligence Vendor-02/19/2025 |
Resolved-XXX is an approved seller of XXX for the XXX 50a6 seconds. - Due Diligence Vendor-02/19/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| XXX | 301671 | XXX | XXX | D | A | A | A | A | A | D | A | Closed | FVAL9739 | 2025-02-19 23:17 | 2025-03-17 16:25 | Resolved | 1 - Information | C | A | Property | Appraisal | Property/Appraisal General | Resolved-Received revised appraisal reflecting appraiser commentary for change in location to Suburban. - Due Diligence Vendor-03/17/2025 Ready for Review-Document Uploaded. Appraisal updated - Suburban - Seller-03/17/2025 Counter-Received 1st page of appraisal reflecting property is now Suburban. Missing supporting appraiser comments and supporting documentation for change in location. CDA also supports property location is Rural. - Due Diligence Vendor-03/11/2025 Ready for Review-Document Uploaded. updated appraisal - Seller-03/10/2025 Open-Rural location is ineligible: Appraisal shows subject property location as rural. Transaction is an investment property refinance. Guidelines allow rural location for primary residence only. - Due Diligence Vendor-02/20/2025 |
Ready for Review-Document Uploaded. Appraisal updated - Suburban - Seller-03/17/2025 Ready for Review-Document Uploaded. updated appraisal - Seller-03/10/2025 |
Resolved-Received revised appraisal reflecting appraiser commentary for change in location to Suburban. - Due Diligence Vendor-03/17/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | XXX XXX updated appraisal.pdf XXX-XXX, XXX V4.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 301671 | XXX | XXX | D | A | A | A | A | A | D | A | Closed | FPRO1243 | 2025-02-19 23:19 | 2025-03-14 14:06 | Resolved | 1 - Information | D | A | Property | Missing Doc | Second Appraisal is Missing | Resolved- - Due Diligence Vendor-03/14/2025 Counter-Received CDA supporting appraised value with Low Risk. - Due Diligence Vendor-03/11/2025 Ready for Review-Document Uploaded. Desk review - Seller-03/10/2025 Open-Missing copy of desk review. Full appraisal provided, however guidelines require full appraisal and desk review investment properties. Subject to re-calculation of CLTV upon receipt. - Due Diligence Vendor-02/20/2025 |
Ready for Review-Document Uploaded. Desk review - Seller-03/10/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | XXX Desk Review XXX_RDA.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 301671 | XXX | XXX | D | A | A | A | A | A | D | A | Closed | FSER1117 | 2025-02-19 23:28 | 2025-03-04 16:26 | Resolved | 1 - Information | A | A | Servicing | Additional Information | Vesting on Deed of Trust/Mortgage does not match title or closing transfer deed | Resolved-Document Uploaded. Guideline clarification received - Third party is a Co-signor only and not vested on the property. - Due Diligence Vendor-03/04/2025 Open-Missing copy of transfer deed adding XXX as vested owner of subject property. Title reflects vested owners as XXX and XXX, husband and wife as joint tenants versus Note reflecting XXX, XXX, and XXX. - Due Diligence Vendor-02/20/2025 |
Resolved-Document Uploaded. Guideline clarification received - Third party is a Co-signor only and not vested on the property. - Due Diligence Vendor-03/04/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | XXX email.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 399071 | XXX | XXX | D | B | D | B | A | A | A | A | Closed | FCRE1182 | 2025-03-07 16:47 | 2025-03-17 17:13 | Resolved | 1 - Information | B | A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided | Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-03/07/2025 Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-03/07/2025 |
Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-03/07/2025 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| XXX | 399071 | XXX | XXX | D | B | D | B | A | A | A | A | Closed | FCRE1193 | 2025-03-07 16:47 | 2025-03-17 17:13 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-03/07/2025 Open-Audited DTI of XXX% exceeds Guideline DTI of 0% - Due Diligence Vendor-03/07/2025 |
Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-03/07/2025 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| XXX | 399071 | XXX | XXX | D | B | D | B | A | A | A | A | Closed | FCRE1199 | 2025-03-07 16:47 | 2025-03-17 17:13 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Loan Amount is greater than Guideline Maximum Loan Amount | Resolved-Audited Loan Amount of $XXX is less than or equal to the Guideline Maximum Loan Amount of $350000 - Due Diligence Vendor-03/07/2025 Open-Audited Loan Amount of $XXX is greater than the Guideline Maximum Loan Amount of $0 - Due Diligence Vendor-03/07/2025 |
Resolved-Audited Loan Amount of $XXX is less than or equal to the Guideline Maximum Loan Amount of $350000 - Due Diligence Vendor-03/07/2025 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| XXX | 399071 | XXX | XXX | D | B | D | B | A | A | A | A | Closed | FCRE1194 | 2025-03-07 16:47 | 2025-03-17 17:13 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Audited LTV of XXX% is less than or equal to Guideline LTV of 70% - Due Diligence Vendor-03/07/2025 Open-Audited LTV of XXX% exceeds Guideline LTV of 0% - Due Diligence Vendor-03/07/2025 |
Resolved-Audited LTV of XXX% is less than or equal to Guideline LTV of 70% - Due Diligence Vendor-03/07/2025 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| XXX | 399071 | XXX | XXX | D | B | D | B | A | A | A | A | Closed | FCRE5116 | 2025-02-03 09:15 | 2025-03-17 17:12 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Lender LOX received-file includes 12-months bank statements for evidence of pay history for XXX. - Due Diligence Vendor-03/17/2025 Ready for Review-Document Uploaded. - Seller-03/14/2025 Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. 1) Missing Verification of Mortgage for property located at XXX. It appears to be a private lender and not listed on credit report. 2) Missing Verification of Mortgage for property located at XXX. It appears to be in a different individuals name per Mortgage Statement provided and not listed on credit report. - Due Diligence Vendor-02/03/2025 |
Ready for Review-Document Uploaded. - Seller-03/14/2025 |
Resolved-Lender LOX received-file includes 12-months bank statements for evidence of pay history for XXX. - Due Diligence Vendor-03/17/2025 |
XXX cover letter VOM_.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 399071 | XXX | XXX | D | B | D | B | A | A | A | A | Closed | FCRE1441 | 2025-01-30 12:06 | 2025-03-17 09:44 | Acknowledged | 2 - Non-Material | C | B | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-03/17/2025 Ready for Review-Document Uploaded. - Seller-03/14/2025 Counter-Received exception waiver request form for Multiple BK's, however the following have not been addressed: 4 additional Mortgages on current properties have deferred balances listed on Mortgage Statements provided. Properties listed are: XXX - Mortgage Statement XXX/XXX #XXX; XXX - Mortgage Statement XXX #XXX; XXX - Mortgage Statement XXX #XXX; XXX- Mortgage Statement XXX #XXX. Still missing Letter of Explanation regarding the derogatory credit. - Due Diligence Vendor-03/12/2025 Open-Delinquent Credit History Does Not Meet Guideline Requirements As per the lender guideline multiple credit/ housing events such as FC, BK, SS/DIL in last 7 years are not eligible. 1) Borrower has two Bankruptcies noted on credit report dated XXX. Chapter 13 Bankruptcy Case #XXX Filed XXX, Dismissed XXX and Chapter 11 Bankruptcy Case #XXX Filed XXX, Discharged XXX. 2) 4 additional Mortgages on current properties have deferred balances listed on Mortgage Statements provided. Properties listed are: XXX - Mortgage Statement XXX/XXX #XXX; XXX - Mortgage Statement XXX #XXX; XXX - Mortgage Statement XXX #XXX; XXX - Mortgage Statement XXX #XXX. In addition, file is missing Letter of Explanation regarding derogatory credit. - Due Diligence Vendor-01/30/2025 |
Ready for Review-Document Uploaded. - Seller-03/14/2025 |
Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-03/17/2025 |
1) Stable employment history 2) XXX LTV/XXX CLTV 3) Excellent credit history with re-established credit after BK |
Hardship on XXX to Upload.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | |
| XXX | 399071 | XXX | XXX | D | B | D | B | A | A | A | A | Closed | FCRE1204 | 2025-01-30 14:02 | 2025-03-17 09:40 | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received cleared fraud report reflecting sufficient explanations to address high alert items. - Due Diligence Vendor-03/17/2025 Ready for Review-Document Uploaded. - Seller-03/14/2025 Open-Fraud Report Shows Uncleared Alerts: Multiple high impact items reflected on fraud report. Uncleared by lender. - Due Diligence Vendor-01/30/2025 |
Ready for Review-Document Uploaded. - Seller-03/14/2025 |
Resolved-Received cleared fraud report reflecting sufficient explanations to address high alert items. - Due Diligence Vendor-03/17/2025 |
XXX Fuard Guard alerts cleared.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 399071 | XXX | XXX | D | B | D | B | A | A | A | A | Closed | FCRE6546 | 2025-02-03 10:49 | 2025-03-17 09:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing legal documents for senior or subordinate lien | Resolved-Received evidence of hardship. - Due Diligence Vendor-03/17/2025 Ready for Review-Document Uploaded. Hardship letter should take care of this condition as well thank you - Seller-03/15/2025 Open-Senior Lien Mortgage Statement for XXX #XXX reflects loan is in deferred status. Per guidelines, Loans in active forbearance or deferment. Deferred balance due to a documented hardship may remain open. Without documented hardship, deferred amounts must be paid through closing. File is missing evidence of hardship or the deferred balance is paid through closing. - Due Diligence Vendor-02/03/2025 |
Ready for Review-Document Uploaded. Hardship letter should take care of this condition as well thank you - Seller-03/15/2025 |
Resolved-Received evidence of hardship. - Due Diligence Vendor-03/17/2025 |
Hardship on XXX to Upload.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 399071 | XXX | XXX | D | B | D | B | A | A | A | A | Closed | FCRE1168 | 2025-01-30 15:43 | 2025-03-14 14:28 | Resolved | 1 - Information | C | A | Credit | Insurance | Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage is less than all Subject Lien(s) and Replacement Cost Value Provided | Resolved-Received HOI policies reflecting sufficient coverage. - Due Diligence Vendor-03/14/2025 Ready for Review-Document Uploaded. The 3 polices with extended replacement cost add up to $XXX Required Hazard Insurance Coverage: $XXX Actual Hazard Insurance Coverage: $XXX ✅ (Exceeds FNMA requirement) - Seller-03/14/2025 Open-Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage Amount of $XXX is less than all Subject Lien(s) and/or Replacement Cost Estimator is provided but Hazard Insurance Coverage Amount is less than Replacement Cost Value of $XXX Missing sufficient coverage for Hazard Insurance. - Due Diligence Vendor-02/03/2025 |
Ready for Review-Document Uploaded. The 3 polices with extended replacement cost add up to $XXX Required Hazard Insurance Coverage: $XXX Actual Hazard Insurance Coverage: $XXX ✅ (Exceeds XXX requirement) - Seller-03/14/2025 |
Resolved-Received HOI policies reflecting sufficient coverage. - Due Diligence Vendor-03/14/2025 |
Insurance 3 Policies.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 399071 | XXX | XXX | D | B | D | B | A | A | A | A | Closed | FCRE1148 | 2025-01-30 11:33 | 2025-03-14 14:24 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received final title policy reflecting correct title coverage and mortgagee. - Due Diligence Vendor-03/14/2025 Ready for Review-Document Uploaded. Final Policy - Seller-03/14/2025 Open-Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien(s) of $XXX Missing title supplement to show lender's title insurance coverage and mortgagee. - Due Diligence Vendor-01/30/2025 |
Ready for Review-Document Uploaded. Final Policy - Seller-03/14/2025 |
Resolved-Received final title policy reflecting correct title coverage and mortgagee. - Due Diligence Vendor-03/14/2025 |
Final Title XXX XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 399071 | XXX | XXX | D | B | D | B | A | A | A | A | Closed | FCRE1195 | 2025-02-03 10:35 | 2025-03-12 14:49 | Acknowledged | 2 - Non-Material | C | B | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-03/12/2025 Open-Audited CLTV of XXX% exceeds Guideline CLTV of 70% - Due Diligence Vendor-03/07/2025 Open-Audited CLTV of XXX% exceeds Guideline CLTV of 0% - Due Diligence Vendor-03/07/2025 Open-Audited CLTV of XXX% exceeds Guideline CLTV of 70% Senior Lien per Mortgage Statement is in deferred status. Per Credit Supplement dated XXX, the total outstanding principal balance is $XXX. This increases the qualifying CLTV to XXX%. - Due Diligence Vendor-02/03/2025 |
Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-03/12/2025 |
1) Stable employment history 2) XXX LTV/XXX CLTV 3) Excellent credit history with re-established credit after BK |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | |||
| XXX | 394612 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FSER0011 | 2025-02-25 10:37 | 2025-03-03 14:53 | Resolved | 1 - Information | A | A | Servicing | Pay History | # of Payments 30 days late in last 12 months > 0 | Resolved-Received LOX reflecting 30 day late is over two years. - Due Diligence Vendor-03/03/2025 Ready for Review-Document Uploaded. - Seller-03/03/2025 Open-Missing documentation to reflect when the 1x30 day late payment occurred for XXX as reflected on the credit report. Unable to determine if late occurred outside the 12 month window. - Due Diligence Vendor-02/25/2025 |
Ready for Review-Document Uploaded. - Seller-03/03/2025 |
Resolved-Received LOX reflecting 30 day late is over two years. - Due Diligence Vendor-03/03/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XX% percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum LTV per guidelines 90% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700. |
XXX LOE late payment.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 394612 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM8805 | 2025-02-25 10:38 | 2025-03-03 14:52 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-03/03/2025 Ready for Review-Document Uploaded. - Seller-03/03/2025 Open-Credit report dated XXX pulled by XXX is dated prior to the application date XXX. Missing documentation to support borrower's authorization for credit pulled on XXX - Due Diligence Vendor-02/25/2025 |
Ready for Review-Document Uploaded. - Seller-03/03/2025 |
Resolved-Received borrower authorization. - Due Diligence Vendor-03/03/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum LTV per guidelines 90% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700. |
XXX credit authorization.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 331837 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE4963 | 2025-02-12 14:23 | 2025-03-06 17:40 | Resolved | 1 - Information | C | A | Credit | Debt | No evidence of required debt payoff | Resolved-Received supporting documentation Deferred balance is non-interest bearing. Payoff amount reflected on Final CD is sufficient. - Due Diligence Vendor-03/06/2025 Ready for Review-Document Uploaded. Deferred principal balances do not ever accrue interest, this was commonplace with covid forbearance programs. I have attached an older mortgage statement and the current mortgage statement for the subject property to show the deferred balance amount does not change. If it was interest bearing it would increase but we can see that it doesn’t. We have adequately documented and explained the payoff of this deferred balance. - Seller-03/06/2025 Counter-Received Lender LOX, however insufficient to clear condition as unable to determine if deferred balance is non-interest bearing. - Due Diligence Vendor-03/05/2025 Ready for Review-Document Uploaded. - Seller-03/05/2025 Counter-Received documentation not applicable to this condition. Still missing actual payoff from XXX to ensure correct amount was collected at closing to pay loan in full. - Due Diligence Vendor-03/04/2025 Ready for Review-Document Uploaded. - Seller-03/04/2025 Ready for Review-Document Uploaded. - Seller-03/04/2025 Counter-Received supporting documentation evidencing payoff of Deferred Balance, however missing actual payoff from XXX to ensure correct amount was collected at closing to pay loan in full. - Due Diligence Vendor-02/21/2025 Ready for Review-Document Uploaded. - Seller-02/20/2025 Open-Senior Lien Mortgage Statement for XXX #XXX reflects loan is in deferred status. Per guidelines, Loans in active forbearance or deferment. Deferred balance due to a documented hardship may remain open. Without documented hardship, deferred amounts must be paid through closing. File is missing the payoff for deferred balance including all fees associated. - Due Diligence Vendor-02/12/2025 |
Ready for Review-Document Uploaded. Deferred principal balances do not ever accrue interest, this was commonplace with covid forbearance programs. I have attached an older mortgage statement and the current mortgage statement for the subject property to show the deferred balance amount does not change. If it was interest bearing it would increase but we can see that it doesn’t. We have adequately documented and explained the payoff of this deferred balance. - Seller-03/06/2025 Ready for Review-Document Uploaded. - Seller-03/05/2025 Ready for Review-Document Uploaded. - Seller-03/04/2025 Ready for Review-Document Uploaded. - Seller-03/04/2025 Ready for Review-Document Uploaded. - Seller-02/20/2025 |
Resolved-Received supporting documentation Deferred balance is non-interest bearing. Payoff amount reflected on Final CD is sufficient. - Due Diligence Vendor-03/06/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
XXX Final CD showing XXX debt paid off.pdf XXX forebearance docs.pdf XXX January 2025 Bank Statement Rehab XXX.pdf XXX LOE.pdf UW Cert- deferred balance paid at closing.pdf EXPIRED - XXX- mtg stmt.pdf XXX- mtg stmt.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 331837 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE3978 | 2025-02-13 12:18 | 2025-02-25 09:43 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Letter of Explanation (Credit) | Resolved-Lender LOX received evidencing account paid by business. - Due Diligence Vendor-02/25/2025 Ready for Review-Document Uploaded. - Seller-02/24/2025 Open-Missing evidence XXX Card #XXX is payable by Business. Statement submitted is for XXX, however, Corresponding Bank Statement is for XXX. - Due Diligence Vendor-02/13/2025 |
Ready for Review-Document Uploaded. - Seller-02/24/2025 |
Resolved-Lender LOX received evidencing account paid by business. - Due Diligence Vendor-02/25/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
XXX LOE.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 331837 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2025-02-12 14:52 | 2025-02-25 09:34 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received Lender LOX-Operating Agreement reflects both borrowers as the only owners/members of the business. - Due Diligence Vendor-02/25/2025 Ready for Review-Document Uploaded. - Seller-02/24/2025 Open-Missing the CPA letter reflecting the ownership percentage for XXX. - Due Diligence Vendor-02/12/2025 |
Ready for Review-Document Uploaded. - Seller-02/24/2025 |
Resolved-Received Lender LOX-Operating Agreement reflects both borrowers as the only owners/members of the business. - Due Diligence Vendor-02/25/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
XXX LOE.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 305704 | XXX | XXX | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2025-02-19 10:22 | 2025-03-03 15:26 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received title policy reflecting correct loan amount and mortgagee. - Due Diligence Vendor-03/03/2025 Ready for Review-Document Uploaded. - Seller-03/03/2025 Open-Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien(s) of $XXX Missing Title Supplemental Report evidencing accurate loan amount coverage. - Due Diligence Vendor-02/20/2025 |
Ready for Review-Document Uploaded. - Seller-03/03/2025 |
Resolved-Received title policy reflecting correct loan amount and mortgagee. - Due Diligence Vendor-03/03/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 LTV is less than guideline maximum - XXX%% CLTV is XXX% less than maximum CLTV per guidelines 70% |
XXX title LOE.pdf XXX Title.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 305704 | XXX | XXX | C | A | C | A | A | A | A | A | Closed | FCRE4805 | 2025-02-19 17:53 | 2025-03-03 15:25 | Resolved | 1 - Information | C | A | Credit | Eligibility | Trust/POA Does Not Meet Guideline Requirements | Resolved-Received verification from title company, trust cert was approved. - Due Diligence Vendor-03/03/2025 Ready for Review-Document Uploaded. - Seller-03/03/2025 Open-Trust/POA Does Not Meet Guideline Requirements Missing Trust Certification approval from Title Company per guidelines. - Due Diligence Vendor-02/19/2025 |
Ready for Review-Document Uploaded. - Seller-03/03/2025 |
Resolved-Received verification from title company, trust cert was approved. - Due Diligence Vendor-03/03/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 LTV is less than guideline maximum - XXX%% CLTV is XXX% less than maximum CLTV per guidelines 70% |
XXX title LOE.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 381448 | XXX | XXX | C | A | A | A | C | A | A | A | Closed | 1001121-1003175 | 2025-03-13 08:44 | 2025-03-13 08:45 | Resolved | 1 - Information | C | A | Compliance | Tolerance:Disclosure | Federal - Closing Disclosure Total of Payments Disclosure Tolerance | Resolved-Resolved - Due Diligence Vendor-03/13/2025 Open-The disclosed Total of Payments ($XXX) is understated by more than $100 when compared to the actual Total of Payments ($XXX). The difference is ($XXX). Regulation Z considers the disclosed Total of Payments inaccurate if it understated by more than $100. (12 CFR 1026.38(o)(1)) - Due Diligence Vendor-03/13/2025 |
Resolved-Resolved - Due Diligence Vendor-03/13/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| XXX | 381448 | XXX | XXX | C | A | A | A | C | A | A | A | Closed | 1001119-1003173 | 2025-03-13 08:44 | 2025-03-13 08:45 | Resolved | 1 - Information | C | A | Compliance | Tolerance:Disclosure | Federal - Closing Disclosure Total of Payments Foreclosure Rescission Tolerance | Resolved-Resolved - Due Diligence Vendor-03/13/2025 Open-The disclosed Total of Payments ($XXX) is understated by more than $35 when compared to the actual Total of Payments of ($XXX). The difference is ($XXX). After the initiation of foreclosure on the consumer's principal dwelling that secures the credit obligation, Regulation Z considers the disclosed Total of Payments inaccurate if it is understated by more than $35. (12 CFR 1026.23(h)(2)(ii)) - Due Diligence Vendor-03/13/2025 |
Resolved-Resolved - Due Diligence Vendor-03/13/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| XXX | 381448 | XXX | XXX | C | A | A | A | C | A | A | A | Closed | 1000609-1001960 | 2025-03-05 10:13 | 2025-03-13 08:44 | Resolved | 1 - Information | C | A | Compliance | Tolerance:Disclosure | Federal - Closing Disclosure and Consummation Date | Resolved- - Due Diligence Vendor-03/13/2025 Ready for Review-Document Uploaded. attached - Seller-03/12/2025 Open-The Initial Closing Disclosure Received Date of (XXX) is not three business days before the consummation date of (XXX). Three business days before the consummation date is (XXX). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction no later than three business days before consummation. (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) It appears we are missing the actual Initial Closing Disclosure and a Change of Circumstance for the increase in Credit Report Fee to $XXX. - Due Diligence Vendor-03/05/2025 |
Ready for Review-Document Uploaded. attached - Seller-03/12/2025 |
Resolved- - Due Diligence Vendor-03/13/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. |
XXX Initial CD Signed.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 363395 | XXX | XXX | D | A | D | A | C | A | A | A | Closed | FCRE4963 | 2025-03-03 08:57 | 2025-03-13 16:49 | Resolved | 1 - Information | C | A | Credit | Debt | No evidence of required debt payoff | Resolved-Received evidence of hardship via borrower LOX. - Due Diligence Vendor-03/13/2025 Ready for Review-Document Uploaded. Signed LOE from borrower is uploaded for your reference. - Seller-03/13/2025 Counter-Received Lender commentary and loan modification documentation, however insufficient to clear condition as guidelines require documented hardship. Loan Modification Agreement does reflect borrower is experiencing a hardship, however, does not explain the reason for the hardship. - Due Diligence Vendor-03/05/2025 Ready for Review-Document Uploaded. The modification specifically addresses this is a hardship modification. I have attached modification document for your reference. Kindly check Paragraph 1 "My Representations and Covenants" on page #2. - Seller-03/05/2025 Open-Per lender guidelines Senior liens are ineligible due to active forbearance or deferment. Deferred balance due to a documented hardship may remain open however no supporting documentation is in the file. Without documented hardship, deferred amounts must be paid through closing and lender did not require the balance of $XXX to be paid off. - Due Diligence Vendor-03/03/2025 |
Ready for Review-Document Uploaded. Signed LOE from borrower is uploaded for your reference. - Seller-03/13/2025 Ready for Review-Document Uploaded. The modification specifically addresses this is a hardship modification. I have attached modification document for your reference. Kindly check Paragraph 1 "My Representations and Covenants" on page #2. - Seller-03/05/2025 |
Resolved-Received evidence of hardship via borrower LOX. - Due Diligence Vendor-03/13/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% | Modification doc.pdf Signed LOE - Hardship Loan Mod.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 363395 | XXX | XXX | D | A | D | A | C | A | A | A | Closed | 50001028-Fees-Limited | 2025-02-27 14:22 | 2025-03-04 12:31 | Resolved | 1 - Information | C | A | Compliance | Mavent | Fees: Limited | Resolved-Received COC for increase in Transfer Taxes. - Due Diligence Vendor-03/04/2025 Resolved- - Due Diligence Vendor-03/04/2025 Ready for Review-Document Uploaded. Please find the attached CD dated XXX. It was sent with COC. - Seller-03/04/2025 Open-A Lender Credit for Excess Charges of ($XXX), Principal Reduction for Excess Charges of ($XXX), and general or specific lender credit increases of ($XXX) were applied to the total fee variance of ($XXX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. Transfer Taxes (Doc Stamps) increased at Closing without a Valid Change of Circumstance. - Due Diligence Vendor-02/27/2025 |
Ready for Review-Document Uploaded. Please find the attached CD dated XXX. It was sent with COC. - Seller-03/04/2025 |
Resolved-Received COC for increase in Transfer Taxes. - Due Diligence Vendor-03/04/2025 Resolved- - Due Diligence Vendor-03/04/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% | XXX - CD sent proof.pdf XXX - CD with COC.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 363395 | XXX | XXX | D | A | D | A | C | A | A | A | Closed | FCRE1158 | 2025-02-27 12:59 | 2025-03-04 09:46 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received HOI policy reflecting additional mortgagee. - Due Diligence Vendor-03/04/2025 Ready for Review-Document Uploaded. Please find the attached document for your reference. - Seller-03/04/2025 Open-Hazard Insurance Policy Partially Provided Missing second lien Mortgagee clause with XXX. on the hazard insurance policy. - Due Diligence Vendor-03/03/2025 |
Ready for Review-Document Uploaded. Please find the attached document for your reference. - Seller-03/04/2025 |
Resolved-Received HOI policy reflecting additional mortgagee. - Due Diligence Vendor-03/04/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% | HOI POlicy.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 363395 | XXX | XXX | D | A | D | A | C | A | A | A | Closed | FCRE3978 | 2025-03-03 08:51 | 2025-03-04 09:42 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Letter of Explanation (Credit) | Resolved-Received borrower LOX for inquiries reflecting no new debt obtained. - Due Diligence Vendor-03/04/2025 Ready for Review-Document Uploaded. Please find the attached document for your reference. - Seller-03/04/2025 Open-Missing credit inquiry letter of explanation for all inquiries listed on the credit report. - Due Diligence Vendor-03/03/2025 |
Ready for Review-Document Uploaded. Please find the attached document for your reference. - Seller-03/04/2025 |
Resolved-Received borrower LOX for inquiries reflecting no new debt obtained. - Due Diligence Vendor-03/04/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% | LOE Inquiries 2.pdf LOE Inquiries.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 363395 | XXX | XXX | D | A | D | A | C | A | A | A | Closed | FCRE7347 | 2025-02-28 14:18 | 2025-03-04 09:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Received solar lease agreement and included in DTI. - Due Diligence Vendor-03/04/2025 Ready for Review-Document Uploaded. Please find the attached document for your reference. - Seller-03/04/2025 Open-As per appraisal report subject property has leased solar panels. However, documents for solar/term of agreement are not provided. - Due Diligence Vendor-02/28/2025 |
Ready for Review-Document Uploaded. Please find the attached document for your reference. - Seller-03/04/2025 |
Resolved-Received solar lease agreement and included in DTI. - Due Diligence Vendor-03/04/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% | Solar Panel Documentation.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 360413 | XXX | XXX | C | A | C | A | A | A | A | A | Closed | FCRE2994 | 2025-02-18 16:44 | 2025-02-27 16:32 | Resolved | 1 - Information | C | A | Credit | Eligibility | DTI (Back) Ratio does not meet eligibility requirement(s) | Resolved-Updated Income Calc Worksheets and lender's explanation received for both businesses. Updated XXX expense ratio to XXX% and excluded all transfers out to XXX as qualifying income. Updated XXX Income based off of only allowing transfers from XXX as qualifying income. Cleared conditions. - Due Diligence Vendor-02/27/2025 Counter-Lender explanation received, however insufficient to resolve lender's qualifying calculation for XXX business. 12 months business bank statements from XXX xxXXX (XXX 100% owner) and XXX xxXXX (XXX- 50% owner) were provided for timeframe XXX thru XXX. Emerging T business reflects monthly transfer deposits into XXX. XXX income calculation already considered these deposits and the transfer deposits cannot be considered a second time in the XXX calculation. Per guidelines, transfer deposits are not eligible. Total transfers of $XXX were excluded from the XXX calculation. - Due Diligence Vendor-02/25/2025 Ready for Review-We are not using personal bank statements that was shared earlier. Please ignore the same. Only using XXX & XXX income. Both income worksheet is provided. - Seller-02/24/2025 Counter-Lender commentary and income worksheet for XXX received. Still missing XXX income calculation worksheet for personal bank statements. - Due Diligence Vendor-02/24/2025 Ready for Review-Document Uploaded. - Seller-02/21/2025 Ready for Review-the transfer deposits from XXX to XXX are legitimate income for XXX. we have used a 90% expense factor for XXX for that reason - Seller-02/21/2025 Counter-Received personal bank statements reflecting business deposits. Missing income calculation worksheet used for personal bank statement accounts. - Due Diligence Vendor-02/19/2025 Ready for Review-Document Uploaded. Other 2 accts for Transfer deposits used PFA. - Seller-02/19/2025 Open-DTI (Back) Ratio does not meet eligibility requirement(s) Qualifying income of $XXX/month for XXX, Inc. is not supported due to use of transfer deposits from 2nd business XXX. Transfer deposits are ineligible resulting in recalculated DTI of XXX%. Missing documentation to support using lenders transfer deposits. - Due Diligence Vendor-02/18/2025 |
Ready for Review-We are not using personal bank statements that was shared earlier. Please ignore the same. Only using XXX & XXX income. Both income worksheet is provided. - Seller-02/24/2025 Ready for Review-Document Uploaded. - Seller-02/21/2025 Ready for Review-the transfer deposits from XXX to XXX are legitimate income for XXX. we have used a 90% expense factor for XXX for that reason - Seller-02/21/2025 Ready for Review-Document Uploaded. Other 2 accts for Transfer deposits used PFA. - Seller-02/19/2025 |
Resolved-Updated Income Calc Worksheets and lender's explanation received for both businesses. Updated XXX expense ratio to 50% and excluded all transfers out to XXX as qualifying income. Updated XXX Income based off of only allowing transfers from XXX as qualifying income. Cleared conditions. - Due Diligence Vendor-02/27/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680. LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 65% |
XXX and XXX accts.pdf 90% expense factor for XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 368992 | XXX | XXX | D | A | C | A | B | A | D | A | Closed | FPRO1244 | 2025-03-07 10:45 | 2025-03-17 09:48 | Resolved | 1 - Information | D | A | Property | Missing Doc | 3rd Party Valuation Product is Required and Missing | Resolved-Received CDA reflecting Low Risk, value in line. - Due Diligence Vendor-03/17/2025 Ready for Review-Document Uploaded. - Seller-03/14/2025 Open-Missing Appraisal Desk Review supporting value per guidelines for Non-Owner Occupied Property. - Due Diligence Vendor-03/07/2025 |
Ready for Review-Document Uploaded. - Seller-03/14/2025 |
Resolved-Received CDA reflecting Low Risk, value in line. - Due Diligence Vendor-03/17/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%. Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
XXX_RDA-1.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | |
| XXX | 368992 | XXX | XXX | D | A | C | A | B | A | D | A | Closed | FCRE9488 | 2025-03-07 10:40 | 2025-03-14 10:15 | Resolved | 1 - Information | C | A | Credit | Borrower | Potential Occupancy/Current Address Issues identified in the file | Resolved-Lender commentary received, acknowledging closing the loan as an Investment property was the more conservative approach. - Due Diligence Vendor-03/14/2025 Ready for Review-Subject is currently an investment property and we have no idea when the renovations will be completed and if the borrower will actually occupy the property so we kept it as an investment property. The file was submitted and closed as an investment property, as evidenced on the 1003. All liabilities and mortgages are being accounted for and there is no rental income from the subject or any of the other rental properties being used. We have no way to guarantee or verify the subject will be occupied by the borrowers and changing the loan to owner occupied would only effect the rate/pricing for the better. Keeping the loan as an investment property is the more conservative approach, especially if they decide they would rather rent it out again once the renovations are completed. The borrowers are fine with this transaction being an investment property (as they submitted) and signed the closing docs as an investment property with no issues. There is no change in the qualifying factors on this loan to change it from Investment to Owner Occupied. If the borrower submits and closes this as an investment property that is their choice. we're not using the rental income to qualify so there's no issue. - Seller-03/13/2025 Open-Letter of Explanation in file states Borrower will move into property as a Primary residence, however, loan is underwritten as an XXX Closed End 2nd Lien Cash-Out Refinance of an Investment Property. - Due Diligence Vendor-03/07/2025 |
Ready for Review-Subject is currently an investment property and we have no idea when the renovations will be completed and if the borrower will actually occupy the property so we kept it as an investment property. The file was submitted and closed as an investment property, as evidenced on the 1003. All liabilities and mortgages are being accounted for and there is no rental income from the subject or any of the other rental properties being used. We have no way to guarantee or verify the subject will be occupied by the borrowers and changing the loan to owner occupied would only effect the rate/pricing for the better. Keeping the loan as an investment property is the more conservative approach, especially if they decide they would rather rent it out again once the renovations are completed. The borrowers are fine with this transaction being an investment property (as they submitted) and signed the closing docs as an investment property with no issues. There is no change in the qualifying factors on this loan to change it from Investment to Owner Occupied. If the borrower submits and closes this as an investment property that is their choice. we're not using the rental income to qualify so there's no issue. - Seller-03/13/2025 |
Resolved-Lender commentary received, acknowledging closing the loan as an Investment property was the more conservative approach. - Due Diligence Vendor-03/14/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%. Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | ||
| XXX | 368992 | XXX | XXX | D | A | C | A | B | A | D | A | Closed | FCOM1329 | 2025-03-05 17:34 | 2025-03-13 17:59 | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing Anti-Steering Disclosure | Resolved-Received Signed Anti-Steering Disclosure - Due Diligence Vendor-03/13/2025 Ready for Review-Document Uploaded. - Seller-03/13/2025 Open-Missing Anti Steering/ Loan Option Disclosure from the file. - Due Diligence Vendor-03/05/2025 |
Ready for Review-Document Uploaded. - Seller-03/13/2025 |
Resolved-Received Signed Anti-Steering Disclosure - Due Diligence Vendor-03/13/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%. Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
XXX Anti-Steering-Disclosure (1).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | |
| XXX | 356964 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FPRO1631 | 2025-03-20 14:23 | 2025-03-28 15:24 | Resolved | 1 - Information | C | A | Property | Property Issue | Condo Project is Not Warrantable | Resolved-Condo Project is Warrantable - Due Diligence Vendor-03/24/2025 Resolved-Received supporting documentation of Warrantable Condo. - Due Diligence Vendor-03/21/2025 Ready for Review-Document Uploaded. see codo approval. Vistapoint approved - Seller-03/21/2025 Open-Missing documentation/clarification on warrantability status of subject condominium project. Copy of XXX condominium questionnaire provided however, lender provided copy of "Non-Warrantable Condo Project Review" stating property meets XXX non-warrantable condo guidelines. Guidelines show non-warrantable condos listed under ineligible property types. - Due Diligence Vendor-03/20/2025 |
Ready for Review-Document Uploaded. see codo approval. XXX approved - Seller-03/21/2025 |
Resolved-Condo Project is Warrantable - Due Diligence Vendor-03/24/2025 Resolved-Received supporting documentation of Warrantable Condo. - Due Diligence Vendor-03/21/2025 |
LTV is less than guideline maximum - XXX%% LTV is XXX% less than maximum LTV per guidelines 65% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
CondoChecker-Letter-XXX-XXX.pdf email to condo review.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 356964 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FCRE1204 | 2025-03-20 14:29 | 2025-03-24 16:27 | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received supporting documentation of the resolution of the two properties in question. - Due Diligence Vendor-03/24/2025 Ready for Review-Document Uploaded. here are the 2 tax cert - Seller-03/24/2025 Counter-Received Fraud report. Fraud report reflects two properties with Lis Pendens/foreclosure: XXX, and XXX. Borrower LOE lists these properties as included in a lawsuit that was dismissed/XXX expired by the court. The court document provided does not list these two properties. Missing supporting documentation these two properties were included in the "XXX et al vs XXX et al Case documentation provided. - Due Diligence Vendor-03/21/2025 Ready for Review-Document Uploaded. - Seller-03/21/2025 Open-Fraud Report Shows Uncleared Alerts Fraud report reflects two properties with XXX/foreclosure: XXX, and XXX. Borrower LOE lists these properties as included in a lawsuit that was dismissed/XXX expired by the court. The court document provided does not list these two properties. Missing supporting documentation these two properties were included in the "XXX et al vs XXX et al Case documentation provided. - Due Diligence Vendor-03/20/2025 |
Ready for Review-Document Uploaded. here are the 2 tax cert - Seller-03/24/2025 Ready for Review-Document Uploaded. - Seller-03/21/2025 |
Resolved-Received supporting documentation of the resolution of the two properties in question. - Due Diligence Vendor-03/24/2025 |
LTV is less than guideline maximum - XXX%% LTV is XXX% less than maximum LTV per guidelines 65% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
Data Verify XXX.pdf Cert of Title 3000.pdf Cert of Title 15281.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 356964 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FCOM8805 | 2025-03-18 14:52 | 2025-03-24 14:19 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-03/24/2025 Ready for Review-Document Uploaded. - Seller-03/24/2025 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-03/18/2025 |
Ready for Review-Document Uploaded. - Seller-03/24/2025 |
Resolved-Received borrower authorization. - Due Diligence Vendor-03/24/2025 |
LTV is less than guideline maximum - XXX%% LTV is XXX% less than maximum LTV per guidelines 65% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
Credit Authorization.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 356964 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FCRE7497 | 2025-03-18 14:40 | 2025-03-21 16:45 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received supporting documentation of HOA Dues for property located at XXX. - Due Diligence Vendor-03/21/2025 Ready for Review-Document Uploaded. - Seller-03/21/2025 Open-Missing verification HOA fees for non-subject property located at "XXX." HOA documentation provided does not reflect address/unit or fee infomation. - Due Diligence Vendor-03/20/2025 |
Ready for Review-Document Uploaded. - Seller-03/21/2025 |
Resolved-Received supporting documentation of HOA Dues for property located at XXX. - Due Diligence Vendor-03/21/2025 |
LTV is less than guideline maximum - XXX%% LTV is XXX% less than maximum LTV per guidelines 65% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
reo docs.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 356964 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FCRE1325 | 2025-03-20 14:19 | 2025-03-21 16:20 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received evidence of length of ownership of business. - Due Diligence Vendor-03/21/2025 Ready for Review-Document Uploaded. This should be sufficient from the XXX Database showing the Company is current and active since XXX - Seller-03/21/2025 Counter-Received CPA Letter, however insufficient to clear condition as guidelines require length of ownership to be reflected on CPA letter OR, 3rd party documentation using verified business license (e.g., government entity, borrower’s business attorney). - Due Diligence Vendor-03/21/2025 Ready for Review-Document Uploaded. - Seller-03/21/2025 Open-Borrower 1 CPA Letter Missing CPA letter provided reflects borrower is 100% owner of XXX however, guidelines require length of ownership to be reflected on CPA letter OR, 3rd party documentation using verified business license (e.g., government entity, borrower’s business attorney). - Due Diligence Vendor-03/20/2025 |
Ready for Review-Document Uploaded. This should be sufficient from the XXX Database showing the Company is current and active since XXX - Seller-03/21/2025 Ready for Review-Document Uploaded. - Seller-03/21/2025 |
Resolved-Received evidence of length of ownership of business. - Due Diligence Vendor-03/21/2025 |
LTV is less than guideline maximum - XXX%% LTV is XXX% less than maximum LTV per guidelines 65% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
cpa letter.pdf NY Business XXX active.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 356964 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FCRE5782 | 2025-03-18 14:18 | 2025-03-21 10:12 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received gap credit report reflecting no new inquiries or debts. - Due Diligence Vendor-03/21/2025 Ready for Review-Document Uploaded. - Seller-03/21/2025 Open-Borrower 1 Gap Credit Report is Missing Credit report dated XXX exceeds 30 days from Note date XXX. Missing copy of gap report dated within 15 days of Note date. - Due Diligence Vendor-03/20/2025 |
Ready for Review-Document Uploaded. - Seller-03/21/2025 |
Resolved-Received gap credit report reflecting no new inquiries or debts. - Due Diligence Vendor-03/21/2025 |
LTV is less than guideline maximum - XXX%% LTV is XXX% less than maximum LTV per guidelines 65% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
credit reshresh.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 356964 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FCOM8807 | 2025-03-18 13:12 | 2025-03-21 09:56 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Appraisal Acknowledgement | Resolved-Received Certified Report Delivery Confirmation reflecting Appraisal delivered to borrower XXX - Due Diligence Vendor-03/21/2025 Ready for Review-Document Uploaded. - Seller-03/21/2025 Open-Appraisal Acknowledgement is missing in loan file. - Due Diligence Vendor-03/18/2025 |
Ready for Review-Document Uploaded. - Seller-03/21/2025 |
Resolved-Received Certified Report Delivery Confirmation reflecting Appraisal delivered to borrower XXX - Due Diligence Vendor-03/21/2025 |
LTV is less than guideline maximum - XXX%% LTV is XXX% less than maximum LTV per guidelines 65% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
appraisal delivery.pdf right to receive appraisal.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 356964 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FCOM1003 | 2025-03-18 13:12 | 2025-03-21 09:54 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Grant/Warranty Deed is missing | Resolved-Spouse of borrower only listed on page 1 of Mortgage to acknowledge Mortgage for Homestead rights. - Due Diligence Vendor-03/21/2025 Ready for Review-Document Uploaded. This is a refinance. no warranty needed. see title - Seller-03/21/2025 Open-Missing Grant/Warranty Deed to confirm Vesting on Deed of Trust/Mortgage document in file. - Due Diligence Vendor-03/18/2025 |
Ready for Review-Document Uploaded. This is a refinance. no warranty needed. see title - Seller-03/21/2025 |
Resolved-Spouse of borrower only listed on page 1 of Mortgage to acknowledge Mortgage for Homestead rights. - Due Diligence Vendor-03/21/2025 |
LTV is less than guideline maximum - XXX%% LTV is XXX% less than maximum LTV per guidelines 65% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
title.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 357275 | XXX | XXX | B | A | A | A | B | A | A | A | Closed | FCOM1329 | 2025-04-03 20:13 | 2025-04-06 11:21 | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing Anti-Steering Disclosure | Resolved-Received Anti-Steering Disclosure. - Due Diligence Vendor-04/06/2025 Ready for Review-Document Uploaded. - Seller-04/04/2025 Open- - Due Diligence Vendor-04/04/2025 |
Ready for Review-Document Uploaded. - Seller-04/04/2025 |
Resolved-Received Anti-Steering Disclosure. - Due Diligence Vendor-04/06/2025 |
Qualifying DTI below max allowed. - XXX calculated DTI is XXX percent below the maximum DTI per guidelines of 50 LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 60% |
XXX -anti steering.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 327624 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE5790 | 2025-02-26 16:04 | 2025-02-28 15:41 | Resolved | 1 - Information | D | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-02/28/2025 Ready for Review-Document Uploaded. PFA LQI dated XXX - Seller-02/28/2025 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). Missing GAP Credit report dated within 15 days of Note Date per guidelines. GAP Report dated XXX, Note Date XXX. - Due Diligence Vendor-02/27/2025 |
Ready for Review-Document Uploaded. PFA LQI dated XXX- Seller-02/28/2025 |
Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-02/28/2025 |
Qualifying DTI below max allowed. - XXX calculated DTI is XXX percent below the maximum DTI per guidelines of 50% | XXX LQI report.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 305634 | XXX | XXX | C | A | A | A | B | A | C | A | Closed | FVAL9739 | 2025-03-17 20:07 | 2025-03-26 16:15 | Resolved | 1 - Information | C | A | Property | Appraisal | Property/Appraisal General | Resolved-Lender LOX received. Full appraisal and CU score of 1 is sufficient to clear condition. - Due Diligence Vendor-03/26/2025 Ready for Review-Document Uploaded. - Seller-03/26/2025 Open-Missing copy of secondary valuation product; Guidelines for primary/2nd home Loan amount <$400,000 require AVM with a 90% confidence factor and Property Inspection Condition form. File contains full appraisal and CU score which does not meet requirement. - Due Diligence Vendor-03/18/2025 |
Ready for Review-Document Uploaded. - Seller-03/26/2025 |
Resolved-Lender LOX received. Full appraisal and CU score of 1 is sufficient to clear condition. - Due Diligence Vendor-03/26/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 85% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
XXX LOE.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 305634 | XXX | XXX | C | A | A | A | B | A | C | A | Closed | FCOM1329 | 2025-03-13 14:55 | 2025-03-26 08:24 | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing Anti-Steering Disclosure | Resolved-Received Signed Anti-Steering Disclosure. - Due Diligence Vendor-03/26/2025 Ready for Review-Document Uploaded. - Seller-03/25/2025 Open-Loan option disclosure is missing from the loan file. - Due Diligence Vendor-03/13/2025 |
Ready for Review-Document Uploaded. - Seller-03/25/2025 |
Resolved-Received Signed Anti-Steering Disclosure. - Due Diligence Vendor-03/26/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 85% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
XXX signed anti steering.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 351166 | XXX | XXX | C | B | A | A | A | A | C | B | Closed | FPRO1251 | 2025-03-12 18:58 | 2025-04-04 14:11 | Acknowledged | 2 - Non-Material | C | B | Property | Property | Property Zoning Does Not Meet Program Requirements | Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-04/04/2025 Ready for Review-Document Uploaded. - Seller-04/04/2025 Counter-Lender commentary received, however insufficient to clear condition. Appraisal reflects subject property zoning as Agricultural (AG)/Grazing and in an ineligible property type per guidelines. - Due Diligence Vendor-03/26/2025 Ready for Review-This property is in XXX and it is only XXX miles from XXX. There is nothing agricultural about it or even close to it other than the name of zoning. It is an old zoning that just maintains the aesthetic of the area and controls the size of the lots. This is an SFR in a populated tract. XXX just approved agricultural zoning on another loan for us, so this should be a non-issue. - Seller-03/26/2025 Ready for Review-Document Uploaded. - Seller-03/25/2025 Open-Appraisal reflects subject property zoning as Agricultural (AG)/Grazing and in an ineligible property type per guidelines. - Due Diligence Vendor-03/12/2025 |
Ready for Review-Document Uploaded. - Seller-04/04/2025 Ready for Review-This property is in XXX and it is only XXX miles from XXX. There is nothing agricultural about it or even close to it other than the name of zoning. It is an old zoning that just maintains the aesthetic of the area and controls the size of the lots. This is an SFR in a populated tract. XXX just approved agricultural zoning on another loan for us, so this should be a non-issue. - Seller-03/26/2025 Ready for Review-Document Uploaded. - Seller-03/25/2025 |
Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-04/04/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 45% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
1) XXX FICO is greater than 720 minimum 2) Residual income is greater than $50,000 |
XXX 1008 See UWs comments.pdf XXX EXCEPTION WAIVER EMAIL.pdf XXX XXX XXX XXX Exception Review Form.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | Yes |
| XXX | 307749 | XXX | XXX | C | B | C | B | C | A | A | A | Closed | 50001257-Fees-Limited | 2025-04-09 15:58 | 2025-04-21 09:35 | Resolved | 1 - Information | C | A | Compliance | Mavent | Fees: Limited | Resolved-Received Closing Disclosure Issued XXX. - Due Diligence Vendor-04/21/2025 Ready for Review-Document Uploaded. Tolerance cure to cover the recording fees. The final settlement statement attached shows the correct and accurate fees charged for recording. - Seller-04/19/2025 Open-The total amount of the 10% category fees ($XXX) has increased by more than 10% over the current baseline value of ($XXX). The total amount of fees in the 10% category cannot exceed ($0.00). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Recording Fees – Mortgage/Deed of Trust). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). On the Initial Closing Disclosure in file Issued XXX "Recording Fees" were added without a valid Change of Circumstance, resulting in the below Failure. The total amount of the 10% category fees ($XXX) has increased by more than 10% over the current baseline value of ($XXX). The total amount of fees in the 10% category cannot exceed ($XX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Recording Fees – Mortgage/Deed of Trust). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). - Due Diligence Vendor-04/09/2025 |
Ready for Review-Document Uploaded. Tolerance cure to cover the recording fees. The final settlement statement attached shows the correct and accurate fees charged for recording. - Seller-04/19/2025 |
Resolved-Received Closing Disclosure Issued XXX. - Due Diligence Vendor-04/21/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680. | XXX Respa Tolerance Cure.pdf XXX Final.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 307749 | XXX | XXX | C | B | C | B | C | A | A | A | Closed | FCRE4963 | 2025-04-09 18:20 | 2025-04-17 17:05 | Resolved | 1 - Information | C | A | Credit | Debt | No evidence of required debt payoff | Resolved-Received supporting documentation accounts are paid by business. - Due Diligence Vendor-04/17/2025 Ready for Review-Document Uploaded. The payments to XXX #XXX reflects on the 12 mths business bank statements. - Seller-04/17/2025 Counter-Received evidence XXX #XXX and XXX CARD SERVICES # XXX are paid by business. However, provided business ledger does not reflect payment of XXX #XXX. Missing supporting documentation of XXX #XXX being paid by business to exclude from DTI. - Due Diligence Vendor-04/16/2025 Ready for Review-Document Uploaded. The business pays for those 3 credit cards, this is the reason they are omitted from the DTI - Seller-04/16/2025 Open-It appears the following debts (XXX #XXX $XXX, XXX CARD SERVICES # XXX $XXX, XXX #XXX $XXX) are excluded from the DTI Calculation from the lender; however, missing documentation evidencing debts were paid off/ $0.00 balance. - Due Diligence Vendor-04/09/2025 |
Ready for Review-Document Uploaded. The payments to XXX #XXX reflects on the 12 mths business bank statements. - Seller-04/17/2025 Ready for Review-Document Uploaded. The business pays for those 3 credit cards, this is the reason they are omitted from the DTI - Seller-04/16/2025 |
Resolved-Received supporting documentation accounts are paid by business. - Due Diligence Vendor-04/17/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680. | XXX Business pays for debts.pdf XXX business bank statements showing payment to XXX #XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 307749 | XXX | XXX | C | B | C | B | C | A | A | A | Closed | FCRE1195 | 2025-04-09 15:56 | 2025-04-16 16:03 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Waived- - Due Diligence Vendor-04/16/2025 Ready for Review-Document Uploaded. - Seller-04/16/2025 Open-Audited CLTV of XXX% exceeds Guideline CLTV of 65% Missing Copy of signed/approved Lender Exception Approval for CLTV exception of XXX% due to max allowed is 65%. Compensating Factors 0 months reserves required 7 years on job No major credit events in 48 months - Due Diligence Vendor-04/10/2025 |
Ready for Review-Document Uploaded. - Seller-04/16/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680. | 1) XXX FICO is greater than 680 minimum 2) XXX years on job |
XXX exception approval.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | Originator Pre-Close | Yes | |
| XXX | 307749 | XXX | XXX | C | B | C | B | C | A | A | A | Closed | FCRE1204 | 2025-04-09 15:47 | 2025-04-16 15:52 | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received cleared fraud report reflecting explanations for clearance of high alert items. - Due Diligence Vendor-04/16/2025 Ready for Review-Document Uploaded. - Seller-04/16/2025 Open-Fraud Report Shows Uncleared Alerts Missing documentation to support lender addressed the Five outstanding high impact items on the fraud report. - Due Diligence Vendor-04/09/2025 |
Ready for Review-Document Uploaded. - Seller-04/16/2025 |
Resolved-Received cleared fraud report reflecting explanations for clearance of high alert items. - Due Diligence Vendor-04/16/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680. | XXX Fraud Report.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 310789 | XXX | XXX | D | B | D | A | B | A | C | B | Closed | FVAL9739 | 2025-03-07 14:58 | 2025-03-11 18:43 | Acknowledged | 2 - Non-Material | C | B | Property | Appraisal | Property/Appraisal General | Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-03/11/2025 Counter-Received lender internal exception waiver form, however missing investor approval. - Due Diligence Vendor-03/11/2025 Ready for Review-Document Uploaded. Please see attached Exception Request - thank you - Seller-03/11/2025 Open-Per lender guidelines properties listed for sale in the last 6 months are not eligible. Per appraisal report home was listed for sale on XXX in the amount of $XXX and withdrawn XXX. - Due Diligence Vendor-03/07/2025 |
Ready for Review-Document Uploaded. Please see attached Exception Request - thank you - Seller-03/11/2025 |
Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-03/11/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | 1) XXX FICO is greater than 700 minimum 2) $XXX Residual Income 3) XXX years on the job |
XXX VO XXX Exception Review Form.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes |
| XXX | 310789 | XXX | XXX | D | B | D | A | B | A | C | B | Closed | FCRE7497 | 2025-03-07 14:56 | 2025-03-11 09:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received evidence XXX. does not have HOA Dues. - Due Diligence Vendor-03/11/2025 Ready for Review-Document Uploaded. Per U/W please see attached property report - XXX is a SFR - no HOA - Seller-03/11/2025 Open-Missing letter from borrower or billing statement for homeowners association dues for XXX. Subject to recalculation of DTI upon receipt. - Due Diligence Vendor-03/07/2025 |
Ready for Review-Document Uploaded. Per U/W please see attached property report - XXX is a SFR - no HOA - Seller-03/11/2025 |
Resolved-Received evidence XXX. does not have HOA Dues. - Due Diligence Vendor-03/11/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | property profile- XXX XXX (SFR).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 310789 | XXX | XXX | D | B | D | A | B | A | C | B | Closed | FCRE5782 | 2025-03-06 10:33 | 2025-03-11 09:37 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-03/11/2025 Ready for Review-Document Uploaded. Please see attached - Seller-03/11/2025 Open-Borrower 1 Gap Credit Report is Missing Missing Gap report which is required if Note date is greater than 30 days after the date of the original credit report of XXX. - Due Diligence Vendor-03/07/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-03/11/2025 |
Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-03/11/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | Soft Pull 2_24_25.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 310789 | XXX | XXX | D | B | D | A | B | A | C | B | Closed | FCRE1639 | 2025-03-06 09:42 | 2025-03-11 09:32 | Resolved | 1 - Information | C | A | Credit | Borrower | Borrower 1 Missing 2 Years Residence History | Resolved-Received revised URLA. - Due Diligence Vendor-03/11/2025 Ready for Review-Document Uploaded. - Seller-03/11/2025 Open-Borrower 1 Missing 2 Years Residence History URLA missing a 2 year residence history. URLA reflects borrower has been residing in primary home for 8 months with no previous residence history. - Due Diligence Vendor-03/07/2025 |
Ready for Review-Document Uploaded. - Seller-03/11/2025 |
Resolved-Received revised URLA. - Due Diligence Vendor-03/11/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | 2020 URLA (1003_65) - All Pages.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 310789 | XXX | XXX | D | B | D | A | B | A | C | B | Closed | FCOM1329 | 2025-03-06 11:55 | 2025-03-11 08:31 | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing Anti-Steering Disclosure | Resolved-Received Signed Anti-Steering Disclosure. - Due Diligence Vendor-03/11/2025 Ready for Review-Please see attached - Seller-03/11/2025 Open-Missing Anti-Steering Disclosure from file. - Due Diligence Vendor-03/06/2025 |
Ready for Review-Please see attached - Seller-03/11/2025 |
Resolved-Received Signed Anti-Steering Disclosure. - Due Diligence Vendor-03/11/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | D22-SIGNED ANTI STEERING.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 364945 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2025-03-07 17:28 | 2025-03-18 09:10 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received documentation to support tax preparer (XXX) is is employed by a 3rd party tax preparation service. - Due Diligence Vendor-03/18/2025 Ready for Review-Document Uploaded. - Seller-03/17/2025 Counter-Received CPA letter already included in loan file which is insufficient to clear condition. Still missing documentation to support tax preparer (XXX) is is employed by a 3rd party tax preparation service(XXX), as required by guidelines. Tax preparer PTIN validation only was provided. Per guidelines, PTIN acceptable if documented as employed by a 3rd party tax preparation service. Missing search for XXX or evidence XXX is licensed with CTEC. - Due Diligence Vendor-03/11/2025 Ready for Review-Document Uploaded. - Seller-03/11/2025 Open-Borrower 1 CPA Letter Missing Missing documentation to support tax preparer (XXX) is is employed by a 3rd party tax preparation service(XXX), as required by guidelines. Tax preparer PTIN validation only was provided. Per guidelines, PTIN acceptable if documented as employed by a 3rd party tax preparation service. Missing search for XXX or evidence XXX is licensed with CTEC. - Due Diligence Vendor-03/07/2025 |
Ready for Review-Document Uploaded. - Seller-03/17/2025 Ready for Review-Document Uploaded. - Seller-03/11/2025 |
Resolved-Received documentation to support tax preparer (XXX) is is employed by a 3rd party tax preparation service. - Due Diligence Vendor-03/18/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum LTV per guidelines 75% |
XXX Tax Preparer Letter.pdf XXX TRA website printout.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | |
| XXX | 370020 | XXX | XXX | D | B | D | A | A | A | C | B | Closed | FVAL5524 | 2025-03-14 13:30 | 2025-04-03 11:22 | Acknowledged | 2 - Non-Material | C | B | Property | Property | Ineligible Property | Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-04/03/2025 Ready for Review-Document Uploaded. - Seller-04/02/2025 Counter-Received copy of email to support senior lien balloon payment would be considered eligible however, this is an exception to the guideline requirement. Formal written exception approval would be needed. - Due Diligence Vendor-03/29/2025 Ready for Review-Document Uploaded. - Seller-03/28/2025 Open-Senior lien is ineligible loan type. Senior lien reflects active modification agreement with a maturity date of XXX. At maturity, a balloon payment of $XXX is due (as detailed in the modification agreement). Balloon payments that come due during the amortization period of the 2nd lien are ineligible per guidelines.. Subject loan maturity date is XXX. - Due Diligence Vendor-03/14/2025 |
Ready for Review-Document Uploaded. - Seller-04/02/2025 Ready for Review-Document Uploaded. - Seller-03/28/2025 |
Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-04/03/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% LTV is less than maximum LTV per guidelines 80% |
1) XXX FICO is greater than 680 minimum 2) XXX% DTI is less than 50% maximum |
XXX email from XXX scenarios.pdf XXX XXX XXX Exception Review Form.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | Originator Post-Close | Yes |
| XXX | 370020 | XXX | XXX | D | B | D | A | A | A | C | B | Closed | FCRE1166 | 2025-03-13 21:16 | 2025-04-02 13:57 | Resolved | 1 - Information | A | A | Credit | Insurance | Hazard Insurance Coverage is less than all Subject Lien(s) | Resolved-Received RCE reflecting HOI has sufficient coverage. - Due Diligence Vendor-04/02/2025 Ready for Review-Document Uploaded. - Seller-04/02/2025 Counter-Received lender calculation worksheet for coverage requirements is not sufficient. Guidelines state requirement for 100% of the replacement cost of the improvements as of the current property insurance effective date, or unpaid principal balance of all liens, provided it equals no less than the replacement cost value of the improvements. Insurance policy provided does not reflect show the replacement cost coverage amount. - Due Diligence Vendor-03/29/2025 Ready for Review-Document Uploaded. - Seller-03/28/2025 Counter-Lender commentary received, however insufficient to clear condition. Policy of $XXX plus XXX% replacement coverage = $XXX which is insufficient coverage. - Due Diligence Vendor-03/26/2025 Ready for Review-THERE'S A XXX% EXTENDED REPLACEMENT COST ON THE POLICY - Seller-03/25/2025 Open-Hazard Insurance Coverage Amount of $XXX is less than Total Amount of Subject Lien(s) of $XXX Senior lien outstanding balance is $XXX plus subject lien $XXX = combined balance of $XXX versus dwelling coverage of $XXX Missing evidence of sufficient dwelling coverage. - Due Diligence Vendor-03/14/2025 |
Ready for Review-Document Uploaded. - Seller-04/02/2025 Ready for Review-Document Uploaded. - Seller-03/28/2025 Ready for Review-THERE'S A XXX% EXTENDED REPLACEMENT COST ON THE POLICY - Seller-03/25/2025 |
Resolved-Received RCE reflecting HOI has sufficient coverage. - Due Diligence Vendor-04/02/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% LTV is less than maximum LTV per guidelines 80% |
XXX HOI calculations.pdf XXX _ ResidentialEstimator - Reports XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 370020 | XXX | XXX | D | B | D | A | A | A | C | B | Closed | FCRE8728 | 2025-03-14 13:25 | 2025-04-02 12:49 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Payment History | Resolved-proof UCC lien release and noted liability on credit report paid. - Due Diligence Vendor-04/02/2025 Counter-Lender comments and UCC lien history provided. Although potential UCC lien expired, it does not satisfy the condition requiring documentation to show the borrower did not borrow funds (obtain a loan) to finance the solar panels. If solar panels paid in cash, supporting documentation also acceptable. - Due Diligence Vendor-03/29/2025 Ready for Review-Document Uploaded. there is nothing on credit, and no solar liens or UCC filings on title. While that should be sufficient here is the former UCC lien showing lapsed in 2022. See bottom filing. In the context of XXX UCC filings, "lapsed" means a financing statement has become ineffective because it has passed its five-year validity period and no continuation statement was filed to extend its effectiveness. - Seller-03/28/2025 Counter-Lender commentary received, however insufficient to clear the condition. Still missing supporting documentation to evidence solar panels are PIF and do not have a monthly payment to include in the DTI. - Due Diligence Vendor-03/26/2025 Ready for Review-SEE APPRAISAL ADDENDUM PAGE 1 UNDER NOTES: THE SOLAR ELECTRIC SYSTEM DOES NOT HAVE ANY ADVERSE EFFECT ON THE SUBJECT'S MARKETABILITY AND IT IN FACT ADDS TO THE SUBJECT'S OVERALL VALUE AND MARKETABILITY THE PANELS ARE OWNED, THERE'S NOTHING ON THE CREDIT REPORT - Seller-03/25/2025 Open-Missing documentation to support the owned solar equipment (per appraisal borrower purchased for $XXX-$XXX) was paid in full. If financed, missing terms of loan. Subject to re-calculation of debt ratio. - Due Diligence Vendor-03/14/2025 |
Ready for Review-Document Uploaded. there is nothing on credit, and no solar liens or UCC filings on title. While that should be sufficient here is the former UCC lien showing lapsed in XXX. See bottom filing. In the context of XXX UCC filings, "lapsed" means a financing statement has become ineffective because it has passed its five-year validity period and no continuation statement was filed to extend its effectiveness. - Seller-03/28/2025 Ready for Review-SEE APPRAISAL ADDENDUM PAGE 1 UNDER NOTES: THE SOLAR ELECTRIC SYSTEM DOES NOT HAVE ANY ADVERSE EFFECT ON THE SUBJECT'S MARKETABILITY AND IT IN FACT ADDS TO THE SUBJECT'S OVERALL VALUE AND MARKETABILITY THE PANELS ARE OWNED, THERE'S NOTHING ON THE CREDIT REPORT - Seller-03/25/2025 |
Resolved-proof UCC lien release and noted liability on credit report paid. - Due Diligence Vendor-04/02/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% LTV is less than maximum LTV per guidelines 80% |
solar paid.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 370020 | XXX | XXX | D | B | D | A | A | A | C | B | Closed | FCRE1254 | 2025-03-14 13:42 | 2025-03-27 16:58 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Document uploaded showing title policy coverage is equal to loan amount. Finding resolved. - Due Diligence Vendor-03/27/2025 Ready for Review-Document Uploaded. - Seller-03/27/2025 Open-Property Title Issue Title coverage of $XXX is less than loan amount of $XXX. Missing updated coverage amount. - Due Diligence Vendor-03/14/2025 |
Ready for Review-Document Uploaded. - Seller-03/27/2025 |
Resolved-Document uploaded showing title policy coverage is equal to loan amount. Finding resolved. - Due Diligence Vendor-03/27/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% LTV is less than maximum LTV per guidelines 80% |
XXX Final title.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 360656 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FCRE2994 | 2025-03-05 20:46 | 2025-03-14 16:48 | Resolved | 1 - Information | C | A | Credit | Eligibility | DTI (Back) Ratio does not meet eligibility requirement(s) | Open-DTI (Back) Ratio does not meet eligibility requirement(s) Re-calculated debt ratio of XXX% exceeds lender's calculated debt ratio of XXX% due to exclusion of earnings for commercial property at XXX. Lease provided in the name of XXX. Associated commercial loan and not considered by lender, only the property tax and hazard obligations. Commercial properties are considered business in nature and qualified as such. Using commercial rents is not eligible. - Due Diligence Vendor-03/20/2025 Resolved-Lender LOX received, lender is in agreement with TPR DTI. - Due Diligence Vendor-03/12/2025 Ready for Review-Document Uploaded. - Seller-03/12/2025 |
Ready for Review-Document Uploaded. - Seller-03/12/2025 |
Resolved-Lender LOX received, lender is in agreement with TPR DTI. - Due Diligence Vendor-03/12/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% |
XXX cover letter.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 360656 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FCRE5116 | 2025-03-05 20:57 | 2025-03-14 16:18 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Received lender commentary and final settlement statement reflecting history prior to loan payoff. - Due Diligence Vendor-03/14/2025 Ready for Review-Document Uploaded. This Lein was Paid Off this condition is N/A please see the Final Closing Statement thank you - Seller-03/14/2025 Counter-Received VOM, however documentation for senior lien reflects new loan closed with XXX XXX. VOM dated XXX reflects next payment due XXX. - Due Diligence Vendor-03/12/2025 Ready for Review-Document Uploaded. - Seller-03/12/2025 Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing documentation to support borrowers satisfactory housing payment history in the three (3) years prior to loan application using 6 months senior lien payment per credit report OR VOM from institutional lender as required by guidelines. - Due Diligence Vendor-03/06/2025 |
Ready for Review-Document Uploaded. This Lein was Paid Off this condition is N/A please see the Final Closing Statement thank you - Seller-03/14/2025 Ready for Review-Document Uploaded. - Seller-03/12/2025 |
Resolved-Received lender commentary and final settlement statement reflecting history prior to loan payoff. - Due Diligence Vendor-03/14/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% |
XXX VOM Commercial Bank.pdf FInal Settlement XXX XXX Paid Off Commercial Bank Lien.PDF |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 360656 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FVAL9739 | 2025-03-05 21:00 | 2025-03-12 14:20 | Resolved | 1 - Information | C | A | Property | Appraisal | Property/Appraisal General | Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-03/12/2025 Ready for Review-Document Uploaded. - Seller-03/12/2025 Open-Missing documentation to support appraisal order meets AIR compliance. Appraisal completed for XXX dated XXX reflects "No AMC" and payment was made directly to appraiser." File contains two appraisals. The second appraisal dated XXX is AIR compliance but was not the first appraisal ordered. Original appraisal does not meet AIR compliance. - Due Diligence Vendor-03/06/2025 |
Ready for Review-Document Uploaded. - Seller-03/12/2025 |
Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-03/12/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% |
XXX AIR compliance XXX appraisal.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 360656 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FCOM1003 | 2025-03-04 11:49 | 2025-03-12 08:30 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Grant/Warranty Deed is missing | Resolved-Received Quitclaim Deed and confirmed Vesting. - Due Diligence Vendor-03/12/2025 Ready for Review-Document Uploaded. - Seller-03/12/2025 Open-Missing Grant/Warranty Deed to confirm Vesting on Deed of Trust/Mortgage document in file. Title report reflects property Vested in XXX, a XXX Limited Liability Company. File is missing Deed from Company to Borrower as Sole and Separate Property. - Due Diligence Vendor-03/04/2025 |
Ready for Review-Document Uploaded. - Seller-03/12/2025 |
Resolved-Received Quitclaim Deed and confirmed Vesting. - Due Diligence Vendor-03/12/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% |
XXX - XXX |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 346532 | XXX | XXX | B | A | A | A | B | A | A | A | Closed | FCOM1329 | 2025-03-21 14:22 | 2025-03-26 08:23 | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing Anti-Steering Disclosure | Resolved-Received eSigned Anti-Steering Disclosure. - Due Diligence Vendor-03/26/2025 Ready for Review-Document Uploaded. - Seller-03/25/2025 Open-Missing Anti-Steering Disclosure from the file. - Due Diligence Vendor-03/21/2025 |
Ready for Review-Document Uploaded. - Seller-03/25/2025 |
Resolved-Received eSigned Anti-Steering Disclosure. - Due Diligence Vendor-03/26/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% Qualifying DTI below max allowed. - XXX calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
XXX ASD.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 373401 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE7551 | 2025-04-16 18:04 | 2025-05-13 16:42 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Divorce Decree | Resolved-Additional documentation received reflects no child support obligation owed. - Due Diligence Vendor-05/13/2025 Counter-Received complete child support order, however unable to determine actual age of child as date of birth is not listed. Unable to determine if less than 10 months remaining in order to exclude from DTI. - Due Diligence Vendor-05/07/2025 Ready for Review-Document Uploaded. Full Divorce Decree - Seller-05/07/2025 Counter-Received child support order, however it is still missing pages. Provided Child support order pages end with section 3.7. Missing additional pages beginning with Section 3.8 to determine if child support is required. - Due Diligence Vendor-04/21/2025 Ready for Review-Document Uploaded. - Seller-04/21/2025 Open-Divorce Decree submitted with file. However, it is missing pages 4-9 of 11 in the Child Support Order Addendum. $XXX in child support payments used to qualify, missing additional pages to support the XXX payment. - Due Diligence Vendor-04/16/2025 |
Ready for Review-Document Uploaded. Full Divorce Decree - Seller-05/07/2025 Ready for Review-Document Uploaded. - Seller-04/21/2025 |
Resolved-Additional documentation received reflects no child support obligation owed. - Due Diligence Vendor-05/13/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% Qualifying DTI below max allowed. - XXX calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
Divorce decree.pdf XXX Divorce Decree all pages.pdf XXX Divorce Decree all pages.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 392223 | XXX | XXX | C | A | C | A | C | A | C | A | Closed | FCOM5814 | 2025-01-24 12:41 | 2025-02-25 14:30 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID: Closing Disclosure Deficiency | Resolved-Received PC CD reflecting box marked for "does not have a demand feature". - Due Diligence Vendor-02/25/2025 Ready for Review-Document Uploaded. POST CD Demand Feature Checked - Seller-02/25/2025 Counter-Received only a page 4 of a Closing Disclosure. Need a full copy of the Final Signed Closing Disclosure with Demand Feature Box marked, or a Post Consummation Closing Disclosure reflecting Demand Feature Box marked. - Due Diligence Vendor-02/24/2025 Ready for Review-Document Uploaded. - Seller-02/24/2025 Open-On Page 4 of the Final Closing Disclosure in file Issued XXX under the "Loan Disclosures" section, there is no box marked for the "Demand Feature." - Due Diligence Vendor-01/24/2025 |
Ready for Review-Document Uploaded. POST CD Demand Feature Checked - Seller-02/25/2025 Ready for Review-Document Uploaded. - Seller-02/24/2025 |
Resolved-Received PC CD reflecting box marked for "does not have a demand feature". - Due Diligence Vendor-02/25/2025 |
CD P4.pdf POST CD XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 392223 | XXX | XXX | C | A | C | A | C | A | C | A | Closed | 5000880-AbilityToRepay-QMPointsAndFees | 2025-02-25 14:26 | 2025-02-25 14:29 | Resolved | 1 - Information | C | A | Compliance | Mavent | AbilityToRepay: QMPointsAndFees | Resolved-QM Violation is Valid in XXX, however, Loan is Non-QM. - Due Diligence Vendor-02/25/2025 Open-The loan fees ($XXX) exceed the (QM) (Note Amount >=$XXX) fee limit, which is 3% of the Total Loan Amount ($XXX), the difference is ($XXX). (12 CFR 1026.43(e)(3). - Due Diligence Vendor-02/25/2025 |
Resolved-QM Violation is Valid in XXX, however, Loan is Non-QM. - Due Diligence Vendor-02/25/2025 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| XXX | 392223 | XXX | XXX | C | A | C | A | C | A | C | A | Closed | 1000135-1000385 | 2025-02-25 14:26 | 2025-02-25 14:29 | Resolved | 1 - Information | C | A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(Junior Lien 06/13) | Resolved-Higher Priced Violation is Valid in XXX, however, Loan is Non-QM. - Due Diligence Vendor-02/25/2025 Open-The loan's (10.551%) APR equals or exceeds the Federal HPML threshold of (10.13%). The threshold is determined by adding 3.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.63%).(12 CFR 1026.35(a)(1)(iii)) - Due Diligence Vendor-02/25/2025 |
Resolved-Higher Priced Violation is Valid in XXX, however, Loan is Non-QM. - Due Diligence Vendor-02/25/2025 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| XXX | 392223 | XXX | XXX | C | A | C | A | C | A | C | A | Closed | 1001288-1003549 | 2025-02-25 14:26 | 2025-02-25 14:28 | Resolved | 1 - Information | C | A | Compliance | AbilityToRepay:PriceBased | Federal - General Qualified Mortgage Price-Based Limit (Junior Lien) | Resolved-QM Violation is Valid in XXX, however, Loan is Non-QM. - Due Diligence Vendor-02/25/2025 Open-The loan's (10.551%) APR equals or exceeds the General Qualified Mortgage Loan Price-Based threshold of (10.13%), which is the comparable average prime offer rate of (6.63%) plus 3.5. The System used the following date to perform the APOR index lookup (2024-12-19). The system added 3.5 to the comparable APOR because the ($XXX) note amount equals or exceeds ($XXX). The system used an interest rate of (9.875%) in the APR calculation. If the interest rate may change within the first five years after the first regular periodic payment, the system uses the highest interest rate that may apply during that five-year period as the interest rate for the full term of the loan. (12 CFR 1026.43(e)(2)(vi)(E)) - Due Diligence Vendor-02/25/2025 |
Resolved-QM Violation is Valid in XXX, however, Loan is Non-QM. - Due Diligence Vendor-02/25/2025 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| XXX | 392223 | XXX | XXX | C | A | C | A | C | A | C | A | Closed | 1000149-1000412 | 2025-02-25 14:26 | 2025-02-25 14:28 | Resolved | 1 - Information | C | A | Compliance | HigherPriced:APR | California - Higher Priced Mortgage Loan (Junior Lien 06/2013) | Resolved-XXX Higher Priced Violation is Valid in XXX, however, Loan is Non-QM. - Due Diligence Vendor-02/25/2025 Open-This is a XXX Higher-Priced Mortgage Loan (HPML). The loan's APR of (10.551%) equals or exceeds the XXX HPML threshold of (10.13%). The threshold is determined by adding 3.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.63%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(iii)) - Due Diligence Vendor-02/25/2025 |
Resolved-XXX Higher Priced Violation is Valid in XXX, however, Loan is Non-QM. - Due Diligence Vendor-02/25/2025 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| XXX | 392223 | XXX | XXX | C | A | C | A | C | A | C | A | Closed | FCRE1148 | 2025-01-24 10:42 | 2025-02-25 14:10 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received final title policy reflecting loan amount and mortgagee. - Due Diligence Vendor-02/25/2025 Ready for Review-Document Uploaded. Final Title - Seller-02/25/2025 Open-Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien(s) of $XXX Missing title supplement report to show lender's title insurance coverage and mortgagee. - Due Diligence Vendor-01/24/2025 |
Ready for Review-Document Uploaded. Final Title - Seller-02/25/2025 |
Resolved-Received final title policy reflecting loan amount and mortgagee. - Due Diligence Vendor-02/25/2025 |
XXX final title.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 392223 | XXX | XXX | C | A | C | A | C | A | C | A | Closed | FCRE4963 | 2025-01-24 16:14 | 2025-02-25 13:39 | Resolved | 1 - Information | C | A | Credit | Debt | No evidence of required debt payoff | Resolved-Received corrected payoff statement reflecting good thru XXX. - Due Diligence Vendor-02/25/2025 Ready for Review-Document Uploaded. Previate payoff demand from Escrow - Seller-02/25/2025 Open-Payoff statement from XXX is provided on XXX valid up to XXX. Provide updated Payoff statement with correct Good Thru year details. - Due Diligence Vendor-01/24/2025 |
Ready for Review-Document Uploaded. Previate payoff demand from Escrow - Seller-02/25/2025 |
Resolved-Received corrected payoff statement reflecting good thru XXX. - Due Diligence Vendor-02/25/2025 |
XXX PAYOFF DEMAND.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 392223 | XXX | XXX | C | A | C | A | C | A | C | A | Closed | FVAL9739 | 2025-01-24 16:21 | 2025-02-24 15:20 | Resolved | 1 - Information | C | A | Property | Appraisal | Property/Appraisal General | Resolved-Lender commentary received - Appraisal Transfer letter is not required as XXX is a DBA of XXX. - Due Diligence Vendor-02/24/2025 Ready for Review-Appraisal Transfer letter is not required as XXX is a DBA of XXX Inc - Seller-02/24/2025 Open-Missing Appraisal Transfer letter in file. - Due Diligence Vendor-01/24/2025 |
Ready for Review-Appraisal Transfer letter is not required as XXX is a DBA of XXX - Seller-02/24/2025 |
Resolved-Lender commentary received - Appraisal Transfer letter is not required as XXX is a DBA of XXX. - Due Diligence Vendor-02/24/2025 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| XXX | 303031 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1499 | 2025-03-27 15:14 | 2025-03-27 20:00 | Resolved | 1 - Information | C | A | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Resolved-proceeds sufficient to cover XXX balance. - Due Diligence Vendor-03/28/2025 Resolved-Total Qualified Assets for Reserves Post-Close of $XXX is equal to or greater than Total Required Reserve Amount of $XXX - Due Diligence Vendor-03/28/2025 Ready for Review-UW Response: Borrower received cash out in excess of the XXX 30 day balance. These funds are sufficient to cover the account payment. Please clear this finding. - Seller-03/27/2025 Open-Total Qualified Assets for Reserves Post-Close of $-XXX is less than Total Required Reserve Amount of $XXX Borrower has an open XXX in the amount of $XXX, borrower does not have sufficient reserves for this account. Lender to provide approval to use cash out proceeds for the open XXX account. - Due Diligence Vendor-03/27/2025 |
Ready for Review-UW Response: Borrower received cash out in excess of the XXX 30 day balance. These funds are sufficient to cover the account payment. Please clear this finding. - Seller-03/27/2025 |
Resolved-proceeds sufficient to cover XXX balance. - Due Diligence Vendor-03/28/2025 Resolved-Total Qualified Assets for Reserves Post-Close of $XXX is equal to or greater than Total Required Reserve Amount of $0 - Due Diligence Vendor-03/28/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 303031 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1157 | 2025-03-25 10:40 | 2025-03-27 19:57 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-received - Due Diligence Vendor-03/27/2025 Ready for Review-Hazard policy located and re-verified. Resolved. - Due Diligence Vendor-03/27/2025 Ready for Review-The document is located on page 319 of the initial upload, please review. - Seller-03/27/2025 Open-Missing Hazard Insurance Policy Provided hazard insurance is quoted as "THIS BINDER IS A TEMPORARY INSURANCE CONTRACT, SUBJECT TO THE CONDITIONS SHOWN ON THE REVERSE SIDE OF THIS FORM." Missing copy of final insurance contract. Subject to recalculation of debt ratio upon receipt. - Due Diligence Vendor-03/25/2025 |
Ready for Review-The document is located on page 319 of the initial upload, please review. - Seller-03/27/2025 |
Resolved-received - Due Diligence Vendor-03/27/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 328998 | XXX | XXX | D | B | D | A | A | A | D | B | Closed | FVAL8946 | 2025-04-02 13:57 | 2025-04-10 13:28 | Acknowledged | 2 - Non-Material | D | B | Property | Missing Doc | Missing Appraisal | Acknowledged-Document Uploaded. Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-04/10/2025 Ready for Review-Document Uploaded. - Due Diligence Vendor-04/10/2025 Counter-No new documentation uploaded to condition. Still missing signed internal waiver form and investor approval. - Due Diligence Vendor-04/10/2025 Ready for Review-Please find attached signed Waiver Form - - Seller-04/10/2025 Counter-Received internal exception waiver, however it is not signed. Also missing Investor exception approval. - Due Diligence Vendor-04/09/2025 Ready for Review-Document Uploaded. Please see attached Exception Waiver Form - Thank you - Seller-04/09/2025 Counter-Lender commentary received, however insufficient to clear condition. Section 3.1.1 of XXX guidelines require an AVM with a Confidence Score of 90% and above AND Property Inspection Report, or a Full Appraisal Form 1004. - Due Diligence Vendor-04/04/2025 Ready for Review-Document Uploaded. Please see attached - Seller-04/04/2025 Open-Missing appraisal documentation per guidelines. Per Guidelines, an AVM with a Confidence Score of 90% and above AND Property Inspection Report is required, or a Full Appraisal Form 1004. An Exterior Appraisal Only (Form 2055) and a CDA Desk Review was submitted with loan file. - Due Diligence Vendor-04/02/2025 |
Ready for Review-Please find attached signed Waiver Form - - Seller-04/10/2025 Ready for Review-Document Uploaded. Please see attached Exception Waiver Form - Thank you - Seller-04/09/2025 Ready for Review-Document Uploaded. Please see attached - Seller-04/04/2025 |
Acknowledged-Document Uploaded. Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-04/10/2025 |
1) Residual income of $XXX monthly 2) S/E over XXX years 3) Multiple mortgages on credit paid 0x30 for 6 years |
XXX XXX - XXX_LenderLOX.pdf XXX_XXX_Exception Waiver Form (002).pdf XXX_XXX Exception Approval.pdf XXX Exception.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | |
| XXX | 328998 | XXX | XXX | D | B | D | A | A | A | D | B | Closed | FCRE1148 | 2025-03-31 10:56 | 2025-04-07 10:53 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received title supplement reflecting correct Loan Amount and Mortgagee. - Due Diligence Vendor-04/07/2025 Ready for Review-Document Uploaded. Please see attached - Seller-04/07/2025 Counter-Lender commentary received, however insufficient to clear condition as preliminary title does not reflect Mortgagee. - Due Diligence Vendor-04/04/2025 Ready for Review-It is a supplement and is piggybacking off of the initial title commitment - this should be more than acceptatble - Seller-04/04/2025 Counter-Received title supplement reflecting Loan Amount, however it is missing the Mortgagee. - Due Diligence Vendor-04/04/2025 Ready for Review-Document Uploaded. Please see attached - Seller-04/04/2025 Open-Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien(s) of $XXX Missing Title Supplemental Report showing evidence of loan amount coverage and Mortgagee. - Due Diligence Vendor-04/02/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-04/07/2025 Ready for Review-It is a supplement and is piggybacking off of the initial title commitment - this should be more than acceptatble - Seller-04/04/2025 Ready for Review-Document Uploaded. Please see attached - Seller-04/04/2025 |
Resolved-Received title supplement reflecting correct Loan Amount and Mortgagee. - Due Diligence Vendor-04/07/2025 |
XXX Supplemental Report (002).pdf XXX Supplemental Report (002).pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 328998 | XXX | XXX | D | B | D | A | A | A | D | B | Closed | FCRE7497 | 2025-04-02 13:59 | 2025-04-04 10:40 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received supporting documentation of PITIA for XXX. - Due Diligence Vendor-04/04/2025 Ready for Review-Document Uploaded. - Seller-04/04/2025 Counter-Received mortgage statement and HOI for XXX. Received appraisal for XXX. Still missing evidence of PITIA (mortgage coupon; insurance; property taxes; HOA coupon) for property located at: XXX. - Due Diligence Vendor-04/03/2025 Ready for Review-Document Uploaded. Please see attached - Seller-04/03/2025 Open-Missing evidence of PITIA (mortgage coupon; insurance; property taxes; HOA coupon) for property located at: XXX. Per Final 1003, this is a new property, no supporting documentation was submitted. Subject to recalculation of DTI. - Due Diligence Vendor-04/02/2025 |
Ready for Review-Document Uploaded. - Seller-04/04/2025 Ready for Review-Document Uploaded. Please see attached - Seller-04/03/2025 |
Resolved-Received supporting documentation of PITIA for XXX. - Due Diligence Vendor-04/04/2025 |
Mortgage Statement - XXX - #XXX -XXX - XXX.pdf Hazard Insurance - XXX.pdf XXX V1 Appraisal.pdf XXX_XXX_1stpymtltr.pdf XXX_XXX_hoi.pdf XXX_Buck_DOTpages1-2.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 358196 | XXX | XXX | C | B | C | B | A | A | A | A | Closed | FCRE1193 | 2025-04-28 16:18 | 2025-05-02 09:29 | Acknowledged | 2 - Non-Material | C | B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-05/02/2025 Ready for Review-Document Uploaded. exception approval is attached. - Seller-05/01/2025 Open-Audited DTI of XXX% exceeds Guideline DTI of 50% Due to: Lender submitted updated Profit & Loss Statement (XXX-XXX). The Gross Income x 40% Expense Factor XXX x 40% ($XXX) = $XXX/12 = $XXX. Lender did not calculate the 40% Expense Factor for a Product Based Business per guidelines. The Lender calculated the monthly Income of Net Income: $XXX/12 = $XXX/mo. - this results in a DTI of XXX%. - Due Diligence Vendor-04/28/2025 |
Ready for Review-Document Uploaded. exception approval is attached. - Seller-05/01/2025 |
Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-05/02/2025 |
1) Low LTV 2) S/E for XXX years |
XXX Exception approval.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | Yes | |
| XXX | 349105 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1201 | 2025-03-18 11:28 | 2025-03-20 15:41 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received cleared fraud report reflecting no hits on OFAC or Loan Participant list. - Due Diligence Vendor-03/20/2025 Ready for Review-Document Uploaded. attached - Seller-03/20/2025 Open-Missing Third Party Fraud Report Copy of the OFAC and Loan Participant list results provided; Missing copy of complete fraud report. - Due Diligence Vendor-03/20/2025 |
Ready for Review-Document Uploaded. attached - Seller-03/20/2025 |
Resolved-Received cleared fraud report reflecting no hits on OFAC or Loan Participant list. - Due Diligence Vendor-03/20/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%. LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. |
fraud report.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 349105 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE5782 | 2025-03-18 10:25 | 2025-03-20 15:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received UDM report reflecting no new debt or inquiries. - Due Diligence Vendor-03/20/2025 Ready for Review-Document Uploaded. attached - Seller-03/20/2025 Open-Borrower 1 Gap Credit Report is Missing Credit report dated XXX exceeds 30 days from Note date of XXX. Missing required gap credit report dated within 15 days of Note date. - Due Diligence Vendor-03/20/2025 |
Ready for Review-Document Uploaded. attached - Seller-03/20/2025 |
Resolved-Received UDM report reflecting no new debt or inquiries. - Due Diligence Vendor-03/20/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%. LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. |
XXX UDN.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 349105 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM8805 | 2025-03-18 13:16 | 2025-03-20 15:36 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-03/20/2025 Ready for Review-Document Uploaded. attached - Seller-03/20/2025 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-03/18/2025 |
Ready for Review-Document Uploaded. attached - Seller-03/20/2025 |
Resolved-Received borrower authorization. - Due Diligence Vendor-03/20/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%. LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. |
bor auth.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 349105 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM1477 | 2025-03-18 11:26 | 2025-03-20 13:13 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Received Rate Lock Confirmation reflecting loan locked at issuance of Initial CD. - Due Diligence Vendor-03/20/2025 Ready for Review-Document Uploaded. attached - Seller-03/20/2025 Open-Evidence of Rate Lock Missing File is missing any form of Rate Lock Confirmation and possible Change of Circumstance and re-disclosure for Rate Lock. - Due Diligence Vendor-03/18/2025 |
Ready for Review-Document Uploaded. attached - Seller-03/20/2025 |
Resolved-Received Rate Lock Confirmation reflecting loan locked at issuance of Initial CD. - Due Diligence Vendor-03/20/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%. LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. |
lock.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 349105 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | 50001251-Fees-Limited | 2025-03-18 11:36 | 2025-03-20 13:12 | Resolved | 1 - Information | C | A | Compliance | Mavent | Fees: Limited | Resolved-Resolved - Due Diligence Vendor-03/20/2025 Ready for Review-Document Uploaded. attached - Seller-03/20/2025 Open-The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). Discount Points increased on Initial Closing Disclosure without a Valid Change of Circumstance in file. - Due Diligence Vendor-03/18/2025 |
Ready for Review-Document Uploaded. attached - Seller-03/20/2025 |
Resolved-Resolved - Due Diligence Vendor-03/20/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%. LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. |
coc.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 367252 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM8805 | 2025-04-09 14:09 | 2025-04-22 17:10 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received Borrower Authorization. - Due Diligence Vendor-04/22/2025 Ready for Review-Document Uploaded. - Seller-04/22/2025 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-04/09/2025 |
Ready for Review-Document Uploaded. - Seller-04/22/2025 |
Resolved-Received Borrower Authorization. - Due Diligence Vendor-04/22/2025 |
LTV is less than guideline maximum - XXX% CTV is XXX% less than maximum CLTV per guidelines 90% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700. |
XXX Soft Credit Auth.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 367252 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE5782 | 2025-04-09 10:51 | 2025-04-15 14:12 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received UDM report reflecting no new debt. New inquiry with XXX addressed via Borrower LOX. - Due Diligence Vendor-04/15/2025 Ready for Review-Document Uploaded. UDM dated XXX - Seller-04/15/2025 Open-Borrower 1 Gap Credit Report is Missing Missing GAP Credit Report dated within 15 days of the Note Date per guidelines. - Due Diligence Vendor-04/10/2025 |
Ready for Review-Document Uploaded. UDM dated XXX - Seller-04/15/2025 |
Resolved-Received UDM report reflecting no new debt. New inquiry with XXX addressed via Borrower LOX. - Due Diligence Vendor-04/15/2025 |
LTV is less than guideline maximum - XXX% CTV is XXX% less than maximum CLTV per guidelines 90% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700. |
XXX UDM 3-25.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 367252 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE5783 | 2025-04-09 10:51 | 2025-04-15 14:12 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Gap Credit Report is Missing | Resolved-Received UDM report reflecting no new debt. New inquiry with XXX addressed via Borrower LOX. - Due Diligence Vendor-04/15/2025 Ready for Review-Document Uploaded. UDM dated XXX - Seller-04/15/2025 Open-Borrower 2 Gap Credit Report is Missing Missing GAP Credit Report dated within 15 days of the Note Date per guidelines. - Due Diligence Vendor-04/10/2025 |
Ready for Review-Document Uploaded. UDM dated XXX- Seller-04/15/2025 |
Resolved-Received UDM report reflecting no new debt. New inquiry with XXX addressed via Borrower LOX. - Due Diligence Vendor-04/15/2025 |
LTV is less than guideline maximum - XXX% CTV is XXX% less than maximum CLTV per guidelines 90% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700. |
XXX UDM 3-25.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 344873 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE4963 | 2025-03-24 13:00 | 2025-04-09 16:37 | Resolved | 1 - Information | C | A | Credit | Debt | No evidence of required debt payoff | Resolved-Received supporting documentation to evidence payoff of XXX account as reflected on Final CD. - Due Diligence Vendor-04/09/2025 Ready for Review-Document Uploaded. - Seller-04/09/2025 Open-Missing copy of payoff statement for auto loan with XXX #XXX. - Due Diligence Vendor-03/24/2025 |
Ready for Review-Document Uploaded. - Seller-04/09/2025 |
Resolved-Received supporting documentation to evidence payoff of XXX account as reflected on Final CD. - Due Diligence Vendor-04/09/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 LTV is less than guideline maximum - XXX%% LTV is XXX% less than maximum LTV per guidelines 80% |
XXX XXX #XXX- paid off (no balance).pdf XXX XXX #XXX- payment history (no balance).pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 344873 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2025-03-20 16:12 | 2025-03-26 11:23 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-03/26/2025 Ready for Review-Document Uploaded. - Seller-03/25/2025 Open-Borrower 1 Gap Credit Report is Missing Missing Gap report which is required if Note date is greater than 30 days after the date of the original credit report: credit report pulled on XXX and note date is XXX. - Due Diligence Vendor-03/24/2025 |
Ready for Review-Document Uploaded. - Seller-03/25/2025 |
Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-03/26/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 LTV is less than guideline maximum - XXX%% LTV is XXX% less than maximum LTV per guidelines 80% |
XXX soft pull XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 330042 | XXX | XXX | C | A | C | A | A | A | A | A | Closed | FCRE1648 | 2025-04-02 20:51 | 2025-04-07 12:38 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing copy of senior lien Note or Mortgage statement to determine senior lien eligibility | Resolved-Received supporting documentation of first lien. - Due Diligence Vendor-04/07/2025 Ready for Review-Document Uploaded. - Seller-04/07/2025 Open-Missing copy of senior lien Note or Mortgage statement to determine senior lien eligibility - Due Diligence Vendor-04/03/2025 |
Ready for Review-Document Uploaded. - Seller-04/07/2025 |
Resolved-Received supporting documentation of first lien. - Due Diligence Vendor-04/07/2025 |
DOT_MORTGAGE ON CURRENT LOAN.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 381098 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE5782 | 2025-04-30 10:50 | 2025-05-09 09:14 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received UDM report reflecting no new debt or inquiries. - Due Diligence Vendor-05/09/2025 Ready for Review-Document Uploaded. - Seller-05/09/2025 Open-Borrower 1 Gap Credit Report is Missing credit report dated 3/7/2025 exceeds 30 days from Note date of XXX. Missing copy of gap report dated within 15 days of Note date. Subject to recalculation of debt ratio upon receipt. - Due Diligence Vendor-05/02/2025 |
Ready for Review-Document Uploaded. - Seller-05/09/2025 |
Resolved-Received UDM report reflecting no new debt or inquiries. - Due Diligence Vendor-05/09/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700. Qualifying DTI below max allowed. - XXX calculated DTI is XXX percent below the maximum DTI per guidelines of 50 |
XXX Drive Report XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 381098 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM8805 | 2025-05-01 15:39 | 2025-05-09 09:14 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-05/09/2025 Ready for Review-Document Uploaded. - Seller-05/09/2025 Open-Credit report Date is XXX missing borrower authorization before credit report Date. Authorization provided is dated XXX. - Due Diligence Vendor-05/01/2025 |
Ready for Review-Document Uploaded. - Seller-05/09/2025 |
Resolved-Received borrower authorization. - Due Diligence Vendor-05/09/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700. Qualifying DTI below max allowed. - XXX calculated DTI is XXX percent below the maximum DTI per guidelines of 50 |
XXX authorization XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 395246 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1255 | 2025-04-09 15:57 | 2025-04-24 14:23 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Other Property Insurance Policy Missing | Resolved-Received new hazard policy, to include Wind coverage, with Insurance Agent attestation no claims on the property as of XXX. - Due Diligence Vendor-04/24/2025 Ready for Review-Document Uploaded. Borrower Obtained new insurance which has wind coverage. We have email confirmation from the previous insurance company saying there are no claims on the property - Seller-04/24/2025 Open-Missing Wind Insurance Policy. HOI submitted excludes Wind Coverage, per guidelines, Wind cannot be excluded, or additional policy is required. Additionally, an attestation from the insurance company must be provided reflecting there has been no claim on the property since loan closing. - Due Diligence Vendor-04/22/2025 |
Ready for Review-Document Uploaded. Borrower Obtained new insurance which has wind coverage. We have email confirmation from the previous insurance company saying there are no claims on the property - Seller-04/24/2025 |
Resolved-Received new hazard policy, to include Wind coverage, with Insurance Agent attestation no claims on the property as of XXX. - Due Diligence Vendor-04/24/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. | XXX RCE.pdf XXX HOI.pdf XXX HOI no claims email.pdf |
ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 395246 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM4247 | 2025-04-09 15:56 | 2025-04-17 16:56 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing HUD-1 Closing Statement | Resolved-Received Final Settlement Statement. - Due Diligence Vendor-04/17/2025 Ready for Review-Document Uploaded. - Seller-04/17/2025 Open-Missing Final Settlement Statement/Closing Disclosure. - Due Diligence Vendor-04/09/2025 |
Ready for Review-Document Uploaded. - Seller-04/17/2025 |
Resolved-Received Final Settlement Statement. - Due Diligence Vendor-04/17/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. | XXX Final Settlement statement.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 362269 | XXX | XXX | C | A | C | A | B | A | A | A | Closed | FCRE4805 | 2025-03-31 10:34 | 2025-04-07 10:53 | Resolved | 1 - Information | C | A | Credit | Eligibility | Trust/POA Does Not Meet Guideline Requirements | Resolved-Received evidence of title company approval of the trust. - Due Diligence Vendor-04/07/2025 Ready for Review-Document Uploaded. Please see attached email confirmation from title - Trust was approved - Seller-04/07/2025 Counter-Received trust certificate, however missing evidence Title Company approved the Trust Certificate. - Due Diligence Vendor-04/03/2025 Ready for Review-Document Uploaded. Please see attached - could you please specify - meets all requirements listed on page 10 of our XXX- Closed End Second- UW Guidelines - thank you - Seller-04/03/2025 Open-Trust/POA Does Not Meet Guideline Requirements - Due Diligence Vendor-03/31/2025 |
Ready for Review-Document Uploaded. Please see attached email confirmation from title - Trust was approved - Seller-04/07/2025 Ready for Review-Document Uploaded. Please see attached - could you please specify - meets all requirements listed on page 10 of our XXX UW Guidelines - thank you - Seller-04/03/2025 |
Resolved-Received evidence of title company approval of the trust. - Due Diligence Vendor-04/07/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%. |
Missing evidence Title Company approved Trust Certificate per guidelines. | Certification of Trust.pdf NQ2ND-L12-Certification of Trust (2).pdf XXXEmailfromtitleTrustApprovedConfirmation.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A |
| XXX | 362269 | XXX | XXX | C | A | C | A | B | A | A | A | Closed | FCOM1329 | 2025-03-31 13:18 | 2025-04-03 14:23 | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing Anti-Steering Disclosure | Resolved-Received Anti-Steering Disclosure. - Due Diligence Vendor-04/03/2025 Ready for Review-Document Uploaded. Please see attached - Seller-04/03/2025 Open-Loan Option Disclosure/ Anti-Steering Disclosure missing from the file. - Due Diligence Vendor-03/31/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-04/03/2025 |
Resolved-Received Anti-Steering Disclosure. - Due Diligence Vendor-04/03/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%. |
XXX_AntiSteering.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 334371 | XXX | XXX | D | A | D | A | B | A | A | A | Closed | FCRE7497 | 2025-04-16 12:57 | 2025-04-24 10:11 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received revised URLA reflecting no HOA Dues for XXX. - Due Diligence Vendor-04/24/2025 Ready for Review-Document Uploaded. - Seller-04/23/2025 Counter-Lender commentary received, however insufficient to clear condition as Final signed URLA reflects additional monthly expenses of $XXX. If no HOA Dues, provide updated Final signed URLA. - Due Diligence Vendor-04/21/2025 Ready for Review-Document Uploaded. Please advise where you're seeing HOA dues, thank you, - Seller-04/21/2025 Open-Missing HOA for XXX. Subject to DTI recalculation. - Due Diligence Vendor-04/16/2025 |
Ready for Review-Document Uploaded. - Seller-04/23/2025 Ready for Review-Document Uploaded. Please advise where you're seeing HOA dues, thank you, - Seller-04/21/2025 |
Resolved-Received revised URLA reflecting no HOA Dues for XXX. - Due Diligence Vendor-04/24/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
XXX Mort. Statement.pdf XXX 1003.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 334371 | XXX | XXX | D | A | D | A | B | A | A | A | Closed | FCOM9963 | 2025-04-14 11:29 | 2025-04-18 08:48 | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing Right to Receive Appraisal | Resolved-Received Verification of Receipt of Appraisal. - Due Diligence Vendor-04/18/2025 Ready for Review-Document Uploaded. - Seller-04/17/2025 Open-Notice of Right to Receive Copy of Written Appraisal / Valuation is Missing from file. - Due Diligence Vendor-04/14/2025 |
Ready for Review-Document Uploaded. - Seller-04/17/2025 |
Resolved-Received Verification of Receipt of Appraisal. - Due Diligence Vendor-04/18/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
Verification on Receipt of Appraisal.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 395706 | XXX | XXX | C | A | C | A | A | A | A | A | Closed | FCRE1499 | 2025-03-31 18:38 | 2025-04-03 15:33 | Resolved | 1 - Information | C | A | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Resolved-Total Qualified Assets for Reserves Post-Close of $XXX is equal to or greater than Total Required Reserve Amount of $0 - Due Diligence Vendor-04/03/2025 Ready for Review-Please see note from XXX - this should not be a condition and is to be waived / cleared - Thank you - Seller-04/03/2025 Open-Total Qualified Assets for Reserves Post-Close of $-XXXis less than Total Required Reserve Amount of $0 Total Qualified Assets for Reserves Post-Close of $-XXX is less than Total Required Reserve Amount of $0 Missing Asset Statement for $XXX reserves required for 30 Day Open XXX Acct #XXX. Per XXX, Cash Out proceeds cannot be used for reserves. - Due Diligence Vendor-03/31/2025 |
Ready for Review-Please see note from XXX - this should not be a condition and is to be waived / cleared - Thank you - Seller-04/03/2025 |
Resolved-Total Qualified Assets for Reserves Post-Close of $XXX is equal to or greater than Total Required Reserve Amount of $0 - Due Diligence Vendor-04/03/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700. Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 391682 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE3464 | 2025-05-02 10:21 | 2025-05-05 09:23 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Closing/Final Verbal VOE | Resolved-Received evidence of S/E within 30 days of Note date. - Due Diligence Vendor-05/05/2025 Ready for Review-Document Uploaded. DATED 5/2 - Seller-05/02/2025 Open-Verbal VOE for borrowers self employment with XXX, inc. dated within 30 days of Note is missing. Business documentation/CPA provided are dated XXX and XXX and exceed 30 days from Note date XXX. - Due Diligence Vendor-05/02/2025 |
Ready for Review-Document Uploaded. DATED 5/2 - Seller-05/02/2025 |
Resolved-Received evidence of S/E within 30 days of Note date. - Due Diligence Vendor-05/05/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 |
XXX XXX (XXX).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 391682 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE6873 | 2025-05-02 09:45 | 2025-05-05 09:22 | Resolved | 1 - Information | C | A | Credit | Borrower | Fraud alert is present on the credit report | Resolved-Received Fraud Certification. - Due Diligence Vendor-05/05/2025 Ready for Review-Document Uploaded. - Seller-05/02/2025 Open-Missing documentation to support lender addressed fraud alert reflected on the credit report dated XXX and gap report dated XXX. - Due Diligence Vendor-05/02/2025 |
Ready for Review-Document Uploaded. - Seller-05/02/2025 |
Resolved-Received Fraud Certification. - Due Diligence Vendor-05/05/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 |
Credit Fraud Alert XXX XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 391682 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | 5000880-AbilityToRepay-QMPointsAndFees | 2025-05-02 15:46 | 2025-05-02 15:57 | Resolved | 1 - Information | C | A | Compliance | Mavent | AbilityToRepay: QMPointsAndFees | Resolved-QM Violation is Valid in XXX, however, Loan is Non-QM. - Due Diligence Vendor-05/02/2025 Open-The loan fees ($XXX) exceed the (QM) (Note Amount >=$XXX and <$XXX) fee limit, which is ($XXX), the difference is ($XXX). (12 CFR 1026.43(e)(3)). - Due Diligence Vendor-05/02/2025 |
Resolved-QM Violation is Valid in XXX, however, Loan is Non-QM. - Due Diligence Vendor-05/02/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| XXX | 391682 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | 1001288-1003549 | 2025-05-02 15:46 | 2025-05-02 15:57 | Resolved | 1 - Information | C | A | Compliance | AbilityToRepay:PriceBased | Federal - General Qualified Mortgage Price-Based Limit (Junior Lien) | Resolved-QM Violation is Valid in Mavent, however, Loan is Non-QM. - Due Diligence Vendor-05/02/2025 Open-The loan's (10.796%) APR equals or exceeds the General Qualified Mortgage Loan Price-Based threshold of (9.73%), which is the comparable average prime offer rate of (6.23%) plus 3.5. The System used the following date to perform the APOR index lookup (2025-04-17). The system added 3.5 to the comparable APOR because the ($XXX) note amount equals or exceeds ($XXX). The system used an interest rate of (10.0%) in the APR calculation. If the interest rate may change within the first five years after the first regular periodic payment, the system uses the highest interest rate that may apply during that five-year period as the interest rate for the full term of the loan. (12 CFR 1026.43(e)(2)(vi)(E)) - Due Diligence Vendor-05/02/2025 |
Resolved-QM Violation is Valid in XXX, however, Loan is Non-QM. - Due Diligence Vendor-05/02/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| XXX | 391682 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | 1000135-1000385 | 2025-05-02 15:46 | 2025-05-02 15:56 | Resolved | 1 - Information | C | A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(Junior Lien 06/13) | Resolved-Higher Priced Violation is Valid in XXX, however, Loan is Non-QM. - Due Diligence Vendor-05/02/2025 Open-The loan's (10.796%) APR equals or exceeds the Federal HPML threshold of (9.73%). The threshold is determined by adding 3.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.23%).(12 CFR 1026.35(a)(1)(iii)) - Due Diligence Vendor-05/02/2025 |
Resolved-Higher Priced Violation is Valid in XXX, however, Loan is Non-QM. - Due Diligence Vendor-05/02/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| XXX | 391682 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | 1000149-1000412 | 2025-05-02 15:46 | 2025-05-02 15:56 | Resolved | 1 - Information | C | A | Compliance | HigherPriced:APR | California - Higher Priced Mortgage Loan (Junior Lien 06/2013) | Resolved-XXX Higher Priced Violation is Valid in XXX, however, Loan is Non-QM. - Due Diligence Vendor-05/02/2025 Open-This is a XXX Higher-Priced Mortgage Loan (HPML). The loan's APR of (10.796%) equals or exceeds the XXX HPML threshold of (9.73%). The threshold is determined by adding 3.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.23%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(iii)) - Due Diligence Vendor-05/02/2025 |
Resolved-XXX Higher Priced Violation is Valid in XXX, however, Loan is Non-QM. - Due Diligence Vendor-05/02/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| XXX | 391682 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM4227 | 2025-04-30 09:11 | 2025-05-02 15:55 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Received Initial Closing Disclosure Issued XXX. - Due Diligence Vendor-05/02/2025 Ready for Review-Document Uploaded. - Seller-05/02/2025 Open-Missing Initial Closing Disclosure. Unable to complete regulatory compliance check and TRID Monitoring. - Due Diligence Vendor-04/30/2025 |
Ready for Review-Document Uploaded. - Seller-05/02/2025 |
Resolved-Received Initial Closing Disclosure Issued XXX. - Due Diligence Vendor-05/02/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 |
XXX Initial CD.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 360723 | XXX | XXX | D | A | D | A | B | A | A | A | Closed | FCRE1325 | 2025-04-08 10:19 | 2025-06-25 11:37 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Lender commentary received. CPA Letter in file is sufficient. - Due Diligence Vendor-04/11/2025 Ready for Review-Please send us a screenshot of where in the XXX guidelines it states that a CPA letter can't say "several years" or that it has to specify the number of years? thank you, - Seller-04/11/2025 Open-Borrower 1 CPA Letter Missing CPA Letter submitted missing number of years CPA has prepared Tax Returns for business per guidelines. - Due Diligence Vendor-04/08/2025 |
Ready for Review-Please send us a screenshot of where in the XXX guidelines it states that a CPA letter can't say "several years" or that it has to specify the number of years? thank you, - Seller-04/11/2025 |
Resolved-Lender commentary received. CPA Letter in file is sufficient. - Due Diligence Vendor-04/11/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum LTV per guidelines 75% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 360723 | XXX | XXX | D | A | D | A | B | A | A | A | Closed | FCOM1329 | 2025-04-07 12:07 | 2025-04-11 14:19 | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing Anti-Steering Disclosure | Resolved-Received Anti-Steering Disclosure. - Due Diligence Vendor-04/11/2025 Ready for Review-Document Uploaded. - Seller-04/11/2025 Open- - Due Diligence Vendor-04/07/2025 |
Ready for Review-Document Uploaded. - Seller-04/11/2025 |
Resolved-Received Anti-Steering Disclosure. - Due Diligence Vendor-04/11/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum LTV per guidelines 75% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 |
D22-ANTI STEERING FOR XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 365928 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | 50001258-Fees-Limited | 2025-05-21 12:30 | 2025-06-10 09:15 | Resolved | 1 - Information | C | A | Compliance | Mavent | Fees: Limited | Resolved-Received Post Consummation Closing Disclosure Issued XXX that reflects Principle Reduction of $XXX, with proof of Reimbursement in the amount of $XXX. - Due Diligence Vendor-06/10/2025 Ready for Review-Document Uploaded. Please see attached PCCD LOE and XXX Cure to bwr thank you - Seller-06/10/2025 Counter-Received Changed Circumstance Letter and Closing Disclosure Issued XXX, however, Recording Fee increased on the Final Closing Disclosure in file Issued XXX. Need valid Change of Circumstance that reflects Recording Fee increase on Final Closing Disclosure Issued XXX. - Due Diligence Vendor-05/22/2025 Ready for Review-Document Uploaded. Please see attached CD COC dated XXX for the recording fee increase due to new information received of a RE lien release mentioned. - Seller-05/22/2025 Open-On the Final Closing Disclosure in file Issued XXX the Recording Fees increased without a valid Change of Circumstance, resulting in the following violation: The total amount of the 10% category fees on the last Closing Disclosure ($XXX) has increased by more than 10% over the current baseline value of ($XX). The total amount of fees in the 10% category cannot exceed ($XXX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Recording Fees – Mortgage/Deed of Trust). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). - Due Diligence Vendor-05/21/2025 Open-The total amount of the 10% category fees on the last Closing Disclosure ($XXX) has increased by more than 10% over the current baseline value of ($XXX). The total amount of fees in the 10% category cannot exceed ($XXX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Recording Fees – Mortgage/Deed of Trust). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). - Due Diligence Vendor-05/21/2025 |
Ready for Review-Document Uploaded. Please see attached PCCD LOE and XXX Cure to bwr thank you - Seller-06/10/2025 Ready for Review-Document Uploaded. Please see attached CD COC dated XXX for the recording fee increase due to new information received of a RE lien release mentioned. - Seller-05/22/2025 |
Resolved-Received Post Consummation Closing Disclosure Issued XXX that reflects Principle Reduction of $XXX, with proof of Reimbursement in the amount of $XXX. - Due Diligence Vendor-06/10/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% |
CDCOC4-29.pdf XXX XXX - XXX.pdf XXX XXX - XXX PCCD_LOE.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 365928 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM4227 | 2025-05-15 13:39 | 2025-05-21 12:34 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Received Changed Circumstance Letter and Initial Closing Disclosure Issued XXX. - Due Diligence Vendor-05/21/2025 Ready for Review-Document Uploaded. Please see attached - Seller-05/21/2025 Open-Missing Initial Closing Disclosure. Unable to perform Regulatory Compliance review and TRID Monitoring. - Due Diligence Vendor-05/15/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-05/21/2025 |
Resolved-Received Changed Circumstance Letter and Initial Closing Disclosure Issued XXX. - Due Diligence Vendor-05/21/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% |
XXX_InitialCDCOCXXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 365928 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM1221 | 2025-05-15 13:37 | 2025-05-21 12:24 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Deed of Trust is Incomplete | Resolved-Received Mortgage with 1-4 Family Rider and Exhibit A Legal Description attached. - Due Diligence Vendor-05/21/2025 Ready for Review-Document Uploaded. Please see attached - Seller-05/21/2025 Open-Mortgage is missing the legal description. Mortgage in file reflects "SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF AS "EXHIBIT A"." on Page 1, however, legal description is missing. Need full copy of Mortgage inclusive of legal description and any riders. - Due Diligence Vendor-05/15/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-05/21/2025 |
Resolved-Received Mortgage with 1-4 Family Rider and Exhibit A Legal Description attached. - Due Diligence Vendor-05/21/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% |
MTG WITH LEGAL.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 374986 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FCRE1168 | 2025-04-29 15:41 | 2025-05-14 17:32 | Resolved | 1 - Information | C | A | Credit | Insurance | Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage is less than all Subject Lien(s) and Replacement Cost Value Provided | Resolved-Received RCE reflecting sufficient coverage. - Due Diligence Vendor-05/14/2025 Ready for Review-Document Uploaded. - Seller-05/14/2025 Open-Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage Amount of $XXX is less than all Subject Lien(s) and/or Replacement Cost Estimator is provided but Hazard Insurance Coverage Amount is less than Replacement Cost Value of $ Combined lien amount of $XXX exceeds hazard coverage amount of $XXX. Missing RCE to support rebuild cost. - Due Diligence Vendor-04/29/2025 |
Ready for Review-Document Uploaded. - Seller-05/14/2025 |
Resolved-Received RCE reflecting sufficient coverage. - Due Diligence Vendor-05/14/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 85% | XXX - LOE ins coverage.pdf XXX HOI with RCE.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 374986 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FCRE1148 | 2025-04-25 14:15 | 2025-05-14 17:30 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received final title policy reflecting proposed insured and loan amount coverage. - Due Diligence Vendor-05/14/2025 Ready for Review-Document Uploaded. - Seller-05/14/2025 Counter-Lender commentary received, however insufficient to clear condition. Preliminary title report does not include loan amount coverage of $XXX or proposed insured lender. - Due Diligence Vendor-05/09/2025 Ready for Review-We should not need Title to cover both loans. This is a stand alone loan and the loan amount on the Title policy covers the loan amount. I looked into 5 of our loans previously purchased by XXX and they all covered only the second lien loan amount, not both. Please waive this condition. - Seller-05/09/2025 Open-Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien(s) of $XXX Missing title supplement with proposed insured lender and coverage amount. - Due Diligence Vendor-04/29/2025 |
Ready for Review-Document Uploaded. - Seller-05/14/2025 Ready for Review-We should not need Title to cover both loans. This is a stand alone loan and the loan amount on the Title policy covers the loan amount. I looked into 5 of our loans previously purchased by XXX and they all covered only the second lien loan amount, not both. Please waive this condition. - Seller-05/09/2025 |
Resolved-Received final title policy reflecting proposed insured and loan amount coverage. - Due Diligence Vendor-05/14/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 85% | XXX - Final Policy.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 374986 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FCOM8805 | 2025-04-29 10:13 | 2025-05-09 09:13 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-05/09/2025 Ready for Review-Document Uploaded. - Seller-05/09/2025 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-04/29/2025 |
Ready for Review-Document Uploaded. - Seller-05/09/2025 |
Resolved-Received borrower authorization. - Due Diligence Vendor-05/09/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 85% | XXX - borrower authorization XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 374986 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FVAL9739 | 2025-04-29 09:44 | 2025-05-09 09:12 | Resolved | 1 - Information | C | A | Property | Appraisal | Property/Appraisal General | Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-05/09/2025 Ready for Review-Document Uploaded. - Seller-05/09/2025 Open-Missing documentation to support appraisal order meets AIR compliance. Appraisal completed for XXX reflects "No AMC" and payment was made directly to appraiser - Due Diligence Vendor-04/29/2025 |
Ready for Review-Document Uploaded. - Seller-05/09/2025 |
Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-05/09/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 85% | XXX - appraiser invoice.pdf XXX AIC.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 374986 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FCRE5782 | 2025-04-25 14:43 | 2025-05-06 11:03 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received UDM report reflecting no new debt or inquiries. - Due Diligence Vendor-05/06/2025 Ready for Review-Document Uploaded. - Seller-05/06/2025 Open-Borrower 1 Gap Credit Report is Missing Credit report dated XXX exceeds 30 days from Note date XXX. Missing copy of gap report dated within 15 days of Note. - Due Diligence Vendor-04/29/2025 |
Ready for Review-Document Uploaded. - Seller-05/06/2025 |
Resolved-Received UDM report reflecting no new debt or inquiries. - Due Diligence Vendor-05/06/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 85% | XXX Drive Report XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 374986 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FCRE5783 | 2025-04-25 14:43 | 2025-05-06 11:03 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Gap Credit Report is Missing | Resolved-Received UDM report reflecting no new debt or inquiries. - Due Diligence Vendor-05/06/2025 Ready for Review-Document Uploaded. - Seller-05/06/2025 Open-Borrower 2 Gap Credit Report is Missing Credit report dated XXX exceeds 30 days from Note date XXX. Missing copy of gap report dated within 15 days of Note. - Due Diligence Vendor-04/29/2025 |
Ready for Review-Document Uploaded. - Seller-05/06/2025 |
Resolved-Received UDM report reflecting no new debt or inquiries. - Due Diligence Vendor-05/06/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 85% | XXX Drive Report XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 345886 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1316 | 2025-04-24 23:04 | 2025-06-25 11:44 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received Active Business License. - Due Diligence Vendor-05/01/2025 Counter-Lender commentary received, however no documentation attached to condition. - Due Diligence Vendor-05/01/2025 Ready for Review-GA Business license - Seller-05/01/2025 Counter-Received verification of business existence, however date/timestamp is not included on document to confirm within 30 days of Note Date. - Due Diligence Vendor-04/30/2025 Ready for Review-Document Uploaded. - Seller-04/30/2025 Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing existence of business within 30-days of the note date for self-employed borrowers, per guidelines. - Due Diligence Vendor-04/25/2025 |
Ready for Review-XXX Business license - Seller-05/01/2025 Ready for Review-Document Uploaded. - Seller-04/30/2025 |
Resolved-Received Active Business License. - Due Diligence Vendor-05/01/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 |
Business existance pulled XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 345886 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1326 | 2025-04-24 23:04 | 2025-06-25 11:44 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 YTD Profit & Loss Missing | Resolved-Received YTD P&L- earnings supported. - Due Diligence Vendor-06/04/2025 Ready for Review-Document Uploaded. 2025 YTD P&L - Seller-06/04/2025 Counter-Received Year End P&L, however missing XXX YTD Profit and Loss statement. - Due Diligence Vendor-05/09/2025 Ready for Review-Document Uploaded. Latest P&L - Seller-05/09/2025 Counter-Documentation submitted is not for this condition. Still missing updated YTD Profit & Loss Statement for XXX per guidelines. P&L submitted with loan file is for XXX-XXX. - Due Diligence Vendor-05/01/2025 Ready for Review-Document Uploaded. - Seller-05/01/2025 Open-Borrower 1 YTD Profit & Loss Missing Missing updated YTD Profit & Loss Statement for XXX per guidelines. P&L submitted with loan file is for XXX-XXX. - Due Diligence Vendor-04/25/2025 |
Ready for Review-Document Uploaded. 2025 YTD P&L - Seller-06/04/2025 Ready for Review-Document Uploaded. Latest P&L - Seller-05/09/2025 Ready for Review-Document Uploaded. - Seller-05/01/2025 |
Resolved-Received YTD P&L- earnings supported. - Due Diligence Vendor-06/04/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 |
XXX Corp Division.pdf XXX XXX XXX PL 2024.pdf XXX XXX XXX PL XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 345886 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE7850 | 2025-04-24 23:17 | 2025-05-01 10:29 | Resolved | 1 - Information | B | A | Credit | Data | Appraisal Occupancy Variance | Resolved-Received revised appraisal reflecting corrected Occupancy. - Due Diligence Vendor-05/01/2025 Ready for Review-Document Uploaded. - Seller-05/01/2025 Open-Appears to be a discrepancy in the Appraisal Occupancy Section. File is a Primary Residence Refinance transaction and the appraisal is marked Vacant for occupancy. - Due Diligence Vendor-04/25/2025 |
Ready for Review-Document Uploaded. - Seller-05/01/2025 |
Resolved-Received revised appraisal reflecting corrected Occupancy. - Due Diligence Vendor-05/01/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 |
XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 345886 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2025-04-23 13:59 | 2025-04-30 10:51 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-File includes UDM report good through XXX. XXX account reflected as new debt is included in DTI. Loan must close before XXX or UDM must be re-activated. - Due Diligence Vendor-04/30/2025 Ready for Review-Hi - this is my first loan thru XXX. To clarify am I supposed to pull a new full credit report 15 days of the note? We use Undisclosed Debt Monitoring thru Fraud. Just need more clarification please. Thank you! - Seller-04/30/2025 Open-Borrower 1 Gap Credit Report is Missing Missing GAP Credit Report dated within 15 days of Note Date per guidelines. - Due Diligence Vendor-04/25/2025 |
Ready for Review-Hi - this is my first loan thru XXX. To clarify am I supposed to pull a new full credit report 15 days of the note? We use Undisclosed Debt Monitoring thru Fraud. Just need more clarification please. Thank you! - Seller-04/30/2025 |
Resolved-File includes UDM report good through XXX. XXX account reflected as new debt is included in DTI. Loan must close before XXX or UDM must be re-activated. - Due Diligence Vendor-04/30/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 331869 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1316 | 2025-04-03 16:36 | 2025-06-25 11:48 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received VVOE for Borrower 1. - Due Diligence Vendor-04/04/2025 Ready for Review-Document Uploaded. - Seller-04/03/2025 Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing VVOE dated within 10 days of Note Date per guidelines. - Due Diligence Vendor-04/03/2025 |
Ready for Review-Document Uploaded. - Seller-04/03/2025 |
Resolved-Received VVOE for Borrower 1. - Due Diligence Vendor-04/04/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum LTV per guidelines 90% |
VVOE FINAL.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 331869 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1335 | 2025-04-03 16:36 | 2025-06-25 11:48 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Received 2 years W2 transcripts. - Due Diligence Vendor-04/16/2025 Ready for Review-Document Uploaded. - Seller-04/16/2025 Counter-Received W2 transcripts, however XXX tax year is not reporting. Missing XXX W2 to match to XXX transcripts. - Due Diligence Vendor-04/04/2025 Ready for Review-Document Uploaded. - Seller-04/04/2025 Open-Borrower 1 IRS Transcripts Missing Missing 2 years W2 Transcripts per guidelines. - Due Diligence Vendor-04/03/2025 |
Ready for Review-Document Uploaded. - Seller-04/16/2025 Ready for Review-Document Uploaded. - Seller-04/04/2025 |
Resolved-Received 2 years W2 transcripts. - Due Diligence Vendor-04/16/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum LTV per guidelines 90% |
XXX_W2 TRANSCRIPTS.pdf W2 TRV - XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 331869 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1347 | 2025-04-03 16:36 | 2025-06-25 11:48 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 3rd Party VOE Prior to Close Missing | Resolved-Received VVOE for Borrower 2. - Due Diligence Vendor-04/04/2025 Ready for Review-Document Uploaded. - Seller-04/03/2025 Open-Borrower 2 3rd Party VOE Prior to Close Missing Missing VVOE dated within 10 days of Note Date per guidelines. - Due Diligence Vendor-04/03/2025 |
Ready for Review-Document Uploaded. - Seller-04/03/2025 |
Resolved-Received VVOE for Borrower 2. - Due Diligence Vendor-04/04/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum LTV per guidelines 90% |
VVOE FINAL (1).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 331869 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1365 | 2025-04-03 16:36 | 2025-06-25 11:48 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 IRS Transcripts Missing | Resolved-Received 2 years W2 transcripts. - Due Diligence Vendor-04/16/2025 Ready for Review-Document Uploaded. - Seller-04/16/2025 Counter-Received W2 transcripts, however XXX tax year is not reporting. Missing XXX W2 to match to XXX transcripts. - Due Diligence Vendor-04/04/2025 Ready for Review-Document Uploaded. - Seller-04/04/2025 Open-Borrower 2 IRS Transcripts Missing Missing 2 years W2 Transcripts per guidelines. - Due Diligence Vendor-04/03/2025 |
Ready for Review-Document Uploaded. - Seller-04/16/2025 Ready for Review-Document Uploaded. - Seller-04/04/2025 |
Resolved-Received 2 years W2 transcripts. - Due Diligence Vendor-04/16/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum LTV per guidelines 90% |
XXX_W2 TRANSCRIPTS.pdf W2 TRV - XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 362426 | XXX | XXX | D | A | C | A | D | A | C | A | Closed | FCOM3075 | 2025-04-15 13:27 | 2025-04-18 14:47 | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing US Patriot Act Information Form | Resolved-Received evidence of Driver's License renewal online. - Due Diligence Vendor-04/18/2025 Ready for Review-Document Uploaded. - Seller-04/18/2025 Counter-Patriot Act Disclosure received, however, still missing current/valid copy of Borrower's drivers license. - Due Diligence Vendor-04/17/2025 Ready for Review-Driver's License to follow - Seller-04/17/2025 Ready for Review-Document Uploaded. - Seller-04/17/2025 Open-Missing Signed USA Patriot Act Information Form with Customer Identification Verification Patriot act verification provided is blank. Copy of Driver License provided is expired. Missing documentation to support borrower's Drivers License is active. - Due Diligence Vendor-04/15/2025 |
Ready for Review-Document Uploaded. - Seller-04/18/2025 Ready for Review-Driver's License to follow - Seller-04/17/2025 Ready for Review-Document Uploaded. - Seller-04/17/2025 |
Resolved-Received evidence of Driver's License renewal online. - Due Diligence Vendor-04/18/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% |
PATRIOT ACT.pdf XXX Temp DL.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Second Home | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 362426 | XXX | XXX | D | A | C | A | D | A | C | A | Closed | FCRE1148 | 2025-04-10 11:53 | 2025-04-17 15:38 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received title supplement reflecting sufficient title coverage. - Due Diligence Vendor-04/17/2025 Ready for Review-Document Uploaded. - Seller-04/17/2025 Open-Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien(s) of $XXX Title Coverage Amount of $XXX is Less than Total Amount of $XXX Supplement report missing. - Due Diligence Vendor-04/11/2025 |
Ready for Review-Document Uploaded. - Seller-04/17/2025 |
Resolved-Received title supplement reflecting sufficient title coverage. - Due Diligence Vendor-04/17/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% |
XXX XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Second Home | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 362426 | XXX | XXX | D | A | C | A | D | A | C | A | Closed | FVAL9739 | 2025-04-15 13:35 | 2025-04-17 13:53 | Resolved | 1 - Information | C | A | Property | Appraisal | Property/Appraisal General | Resolved-Received revised appraisal reflecting corrected number of units to 114. - Due Diligence Vendor-04/17/2025 Ready for Review-Document Uploaded. - Seller-04/17/2025 Open-Appraisal report provided reflect subject is a condominium complex consisting of 26 units and does not match the condominium questionnaire and Master condominium insurance policy reflecting 114 units. Missing documentation to support discrepancy or corrective information. - Due Diligence Vendor-04/15/2025 |
Ready for Review-Document Uploaded. - Seller-04/17/2025 |
Resolved-Received revised appraisal reflecting corrected number of units to 114. - Due Diligence Vendor-04/17/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% |
XXX Appraisal.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Second Home | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 362426 | XXX | XXX | D | A | C | A | D | A | C | A | Closed | FCOM8972 | 2025-04-10 15:50 | 2025-04-15 15:50 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Deed of Trust Riders | Resolved-Received Condominium Rider inclusive of all pages. - Due Diligence Vendor-04/15/2025 Ready for Review-Document Uploaded. - Seller-04/15/2025 Open-Condominium Rider is in file, however, it's missing Page 2. - Due Diligence Vendor-04/10/2025 |
Ready for Review-Document Uploaded. - Seller-04/15/2025 |
Resolved-Received Condominium Rider inclusive of all pages. - Due Diligence Vendor-04/15/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% |
XXX DEED OF TRUST.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Second Home | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 345123 | XXX | XXX | D | A | D | A | C | A | A | A | Closed | FCRE3978 | 2025-04-18 13:41 | 2025-04-22 15:28 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Letter of Explanation (Credit) | Resolved-Received borrower LOX for Cash Out. - Due Diligence Vendor-04/22/2025 Ready for Review-Document Uploaded. - Seller-04/22/2025 Open-Missing cash out letter of explanation per lender guidelines. - Due Diligence Vendor-04/18/2025 |
Ready for Review-Document Uploaded. - Seller-04/22/2025 |
Resolved-Received borrower LOX for Cash Out. - Due Diligence Vendor-04/22/2025 |
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 90% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
LOE - Cash out (1).pdf Summary.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 345123 | XXX | XXX | D | A | D | A | C | A | A | A | Closed | 2400020-HighCost-Fees | 2025-04-18 15:58 | 2025-04-21 12:31 | Resolved | 1 - Information | C | A | Compliance | Mavent | HighCost: Fees | Resolved- - Due Diligence Vendor-04/21/2025 Open-Ineligible for purchase due to High Cost. - Due Diligence Vendor-04/18/2025 |
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 90% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| XXX | 345123 | XXX | XXX | D | A | D | A | C | A | A | A | Closed | 5000880-HighCost-APR/FEES | 2025-04-17 13:06 | 2025-04-21 12:29 | Resolved | 1 - Information | C | A | Compliance | Mavent | HighCost: APR/FEES | Resolved-Resolved - Due Diligence Vendor-04/21/2025 Open-The loan fees ($XXX) exceed the (FED2014) (Note Amount >=$XXX) fee limit, which is 5% of the Total Loan Amount ($XXX), the difference is ($XXX). (12 CFR 1026.32). - Due Diligence Vendor-04/17/2025 |
Resolved-Resolved - Due Diligence Vendor-04/21/2025 |
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 90% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| XXX | 391899 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2025-04-28 15:40 | 2025-04-30 15:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-04/30/2025 Ready for Review-Document Uploaded. - Seller-04/30/2025 Open-Borrower 1 Gap Credit Report is Missing Credit report dated XXX exceeds 30 days from Note date XXX. Gap report dated within 15 days of Note required. - Due Diligence Vendor-04/30/2025 |
Ready for Review-Document Uploaded. - Seller-04/30/2025 |
Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-04/30/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 |
Soft Pull.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 332078 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE3653 | 2025-04-21 12:28 | 2025-04-23 10:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing letter of explanation | Resolved-Received Borrower Cash Out letter. - Due Diligence Vendor-04/23/2025 Ready for Review-Document Uploaded. - Seller-04/23/2025 Open-Missing cash out letter of explanation per lender guidelines. - Due Diligence Vendor-04/21/2025 |
Ready for Review-Document Uploaded. - Seller-04/23/2025 |
Resolved-Received Borrower Cash Out letter. - Due Diligence Vendor-04/23/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum LTV per guidelines 70% |
XXX letter.pdf | QM: Safe Harbor APOR (APOR SH) | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 332078 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2025-04-18 10:41 | 2025-04-21 13:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received UDN report reflecting no new debt or inquiries. - Due Diligence Vendor-04/21/2025 Ready for Review-Document Uploaded. - Seller-04/21/2025 Open-Borrower 1 Gap Credit Report is Missing Missing Gap report which is required if Note date is greater than 30 days after the date of the original credit report of XXX. - Due Diligence Vendor-04/21/2025 |
Ready for Review-Document Uploaded. - Seller-04/21/2025 |
Resolved-Received UDN report reflecting no new debt or inquiries. - Due Diligence Vendor-04/21/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum LTV per guidelines 70% |
XXX UDN at funding.pdf XXX UDN at closing.pdf |
QM: Safe Harbor APOR (APOR SH) | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 318018 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2025-04-29 10:14 | 2025-04-30 15:07 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-04/30/2025 Ready for Review-Document Uploaded. - Seller-04/30/2025 Open-Borrower 1 Gap Credit Report is Missing Credit report dated XXX exceeds 30 days from Note date XXX. Missing gap report dated within 15 days of Note date. - Due Diligence Vendor-04/29/2025 |
Ready for Review-Document Uploaded. - Seller-04/30/2025 |
Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-04/30/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% | SOFT PULL XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 352001 | XXX | XXX | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2025-05-09 15:17 | 2025-05-29 12:15 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received revised title commitment reflecting title coverage and Mortgagee. - Due Diligence Vendor-05/29/2025 Ready for Review-Document Uploaded. - Seller-05/29/2025 Counter-Lender commentary received, however insufficient to clear condition. Title policy does not include title coverage or Mortgagee. Missing title supplement reflecting title coverage and Mortgagee. - Due Diligence Vendor-05/20/2025 Ready for Review-Good morning. This is a stand alone second and the insured amount of $XXX covers the loan. Please waive this condition. - Seller-05/20/2025 Open-Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien(s) of $XXX Missing title supplement with amount $XXX. - Due Diligence Vendor-05/13/2025 |
Ready for Review-Document Uploaded. - Seller-05/29/2025 Ready for Review-Good morning. This is a stand alone second and the insured amount of $XXX covers the loan. Please waive this condition. - Seller-05/20/2025 |
Resolved-Received revised title commitment reflecting title coverage and Mortgagee. - Due Diligence Vendor-05/29/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
XXX REVISED PRELIM_XXX_XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 320874 | XXX | XXX | D | A | D | A | C | A | A | A | Closed | FCRE1321 | 2025-05-05 16:03 | 2025-05-07 11:58 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing attorney opinion letter/trust review documentation | Resolved-Received statement of opinion from attorney which is acceptable. - Due Diligence Vendor-05/07/2025 Counter-Received statement of opinion from attorney, however missing actual attorney review documentation to ensure closing parameters were met. - Due Diligence Vendor-05/06/2025 Ready for Review-Document Uploaded. - Seller-05/06/2025 Open-Missing XXX Attorney Review for a XXX Home Equity transaction. - Due Diligence Vendor-05/05/2025 |
Ready for Review-Document Uploaded. - Seller-05/06/2025 |
Resolved-Received statement of opinion from attorney which is acceptable. - Due Diligence Vendor-05/07/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660. Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
XXX - XXX_50_a__6__Client_Certification_Form (1) signed.pdf XXX Attorney statement of Opinion.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 320874 | XXX | XXX | D | A | D | A | C | A | A | A | Closed | FCRE1252 | 2025-05-05 16:02 | 2025-05-06 10:59 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Title Document is Incomplete | Resolved-Received supporting documentation of T42.1 endorsement. - Due Diligence Vendor-05/06/2025 Ready for Review-Document Uploaded. Please see the title endorsements that will be included on the final title policy. - Seller-05/06/2025 Open-Missing evidence of T-42.1 Endorsement for XXX Home Equity transaction. - Due Diligence Vendor-05/05/2025 |
Ready for Review-Document Uploaded. Please see the title endorsements that will be included on the final title policy. - Seller-05/06/2025 |
Resolved-Received supporting documentation of T42.1 endorsement. - Due Diligence Vendor-05/06/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660. Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
ENDORSEMENTS_XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 320874 | XXX | XXX | D | A | D | A | C | A | A | A | Closed | FCOM8003 | 2025-05-05 16:08 | 2025-05-06 10:20 | Resolved | 1 - Information | B | A | Compliance | TRID | Final CD: Date Issued does not match actual date delivered | Resolved-Received Closing Disclosure Issued XXX with proof of receipt on XX. Also, received Owner Affidavit of Compliance that reflects Borrower received a copy of the most current version of the loan application prior to the day of closing. - Due Diligence Vendor-05/06/2025 Ready for Review-Document Uploaded. Please see the Owners affidavit of compliance that states the borrower received the Final CD prior to the closing date. In addition, please see the initial CD that shows the borrower received the CD prior to closing. All of these documents were included in the closing package that was uploaded to the file. - Seller-05/06/2025 Counter-Received Acknowledgment as to Fair Market Value of Homestead Property. Need proof Final Closing Disclosure & Final 1003 were generated and delivered to borrower one day prior to closing. - Due Diligence Vendor-05/06/2025 Ready for Review-Document Uploaded. - Seller-05/06/2025 Open-Missing evidence Final CD & Final 1003 were generated and delivered to borrower 1 day prior to closing. This is a XXX Home Equity requirement. Final CD & Final 1003 submitted are dated XXX which is the same day as the Closing Date. - Due Diligence Vendor-05/05/2025 |
Ready for Review-Document Uploaded. Please see the Owners affidavit of compliance that states the borrower received the Final CD prior to the closing date. In addition, please see the initial CD that shows the borrower received the CD prior to closing. All of these documents were included in the closing package that was uploaded to the file. - Seller-05/06/2025 Ready for Review-Document Uploaded. - Seller-05/06/2025 |
Resolved-Received Closing Disclosure Issued XXX with proof of receipt on XXX. Also, received Owner Affidavit of Compliance that reflects Borrower received a copy of the most current version of the loan application prior to the day of closing. - Due Diligence Vendor-05/06/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660. Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
XXX Acknowledgment of Fair market value.pdf OWNERS AFFIDAVIT OF COMPLIANCE2.pdf Closing Disclosure.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 320874 | XXX | XXX | D | A | D | A | C | A | A | A | Closed | FCOM1005 | 2025-05-01 13:34 | 2025-05-06 10:06 | Resolved | 1 - Information | C | A | Compliance | Disclosure | TX Affidavit of Reasonable Costs on Homestead Property is missing | Resolved-Received Owner Affidavit Acknowledging Lender Compliance with Constitutional Requirements to Provide Owner Copy of Loan Application and Early Final Itemized Disclosure of Actual Fees, Points, Interest, Costs, and Charges. - Due Diligence Vendor-05/06/2025 Ready for Review-Document Uploaded. Please see the Extension of credit and XXX affidavit and agreement, these documents were already included in the closing package. - Seller-05/06/2025 Counter-Received Acknowledgment as to Fair Market Value of Homestead Property. Need Affidavit of Reasonable Costs on Homestead Property. - Due Diligence Vendor-05/06/2025 Ready for Review-Document Uploaded. - Seller-05/06/2025 Open-XXX Affidavit of Reasonable Costs on Homestead Property is missing from the file. - Due Diligence Vendor-05/01/2025 |
Ready for Review-Document Uploaded. Please see the Extension of credit and XXX affidavit and agreement, these documents were already included in the closing package. - Seller-05/06/2025 Ready for Review-Document Uploaded. - Seller-05/06/2025 |
Resolved-Received Owner Affidavit Acknowledging Lender Compliance with Constitutional Requirements to Provide Owner Copy of Loan Application and Early Final Itemized Disclosure of Actual Fees, Points, Interest, Costs, and Charges. - Due Diligence Vendor-05/06/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660. Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
XXX Acknowledgment of Fair market value.pdf XXX - Extension of Credit.pdf XXX AFFIDAVIT AND AGREEMENT.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 320874 | XXX | XXX | D | A | D | A | C | A | A | A | Closed | FCOM1007 | 2025-05-01 13:34 | 2025-05-06 10:04 | Resolved | 1 - Information | C | A | Compliance | Disclosure | TX Owner's Affidavit Regarding Advance of Additional Funds is Missing | Resolved-Received Owner Affidavit Acknowledging Lender Compliance with Constitutional Requirements to Provide Owner Copy of Loan Application and Early Final Itemized Disclosure of Actual Fees, Points, Interest, Costs, and Charges. - Due Diligence Vendor-05/06/2025 Ready for Review-Document Uploaded. Please see the Owner's affidavit of compliance, this was also included in the closing package - Seller-05/06/2025 Open-XXX Owner's Affidavit Regarding Advance of Additional Funds is Missing from the file. - Due Diligence Vendor-05/01/2025 |
Ready for Review-Document Uploaded. Please see the Owner's affidavit of compliance, this was also included in the closing package - Seller-05/06/2025 |
Resolved-Received Owner Affidavit Acknowledging Lender Compliance with Constitutional Requirements to Provide Owner Copy of Loan Application and Early Final Itemized Disclosure of Actual Fees, Points, Interest, Costs, and Charges. - Due Diligence Vendor-05/06/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660. Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
AFFIDAVIT OF COMPLIANCE.pdf OWNERS AFFIDAVIT OF COMPLIANCE2.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 326895 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1365 | 2025-04-30 18:48 | 2025-06-25 12:17 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 IRS Transcripts Missing | Resolved-Borrower 2 IRS Transcripts Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-06/25/2025 Resolved-Received W2 transcripts. - Due Diligence Vendor-05/01/2025 Ready for Review-Document Uploaded. Tax transcripts - Seller-05/01/2025 Open-Missing XXX tax transcripts for Co-Borrower or evidence of no results found and missing XXX tax transcripts for Co-Borrower. - Due Diligence Vendor-04/30/2025 |
Ready for Review-Document Uploaded. Tax transcripts - Seller-05/01/2025 |
Resolved-Borrower 2 IRS Transcripts Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-06/25/2025 Resolved-Received W2 transcripts. - Due Diligence Vendor-05/01/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | XXX Transcripts.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 340319 | XXX | XXX | D | A | B | A | D | A | A | A | Closed | FCRE7878 | 2025-04-18 09:46 | 2025-04-18 18:42 | Resolved | 1 - Information | B | A | Credit | Data | Final 1008 Total Debt income Ratio Variance | Resolved-Received updated documentation to support re-calculated debt ratio. - Due Diligence Vendor-04/18/2025 Ready for Review-Document Uploaded. Final 1003 and updated final 1008. The XXX ratio is correct - Seller-04/18/2025 Open-Lenders DTI of XXX is less than what was calculated of XXX. This is due to lender excluding a $XXX payment with XXX with no explanation or no supporting documentation to justify the exclusion. - Due Diligence Vendor-04/18/2025 |
Ready for Review-Document Uploaded. Final 1003 and updated final 1008. The XXX ratio is correct - Seller-04/18/2025 |
Resolved-Received updated documentation to support re-calculated debt ratio. - Due Diligence Vendor-04/18/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80% |
fianl 1003.pdf final 1003.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 340319 | XXX | XXX | D | A | B | A | D | A | A | A | Closed | FCOM8805 | 2025-04-17 15:42 | 2025-04-18 17:41 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization dated XXX and pre-dates credit pulled by lender. - Due Diligence Vendor-04/18/2025 Ready for Review-Document Uploaded. we have a pre credit auth and a borrower auth. BOTH signed before credit report - Seller-04/18/2025 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX - Due Diligence Vendor-04/17/2025 |
Ready for Review-Document Uploaded. we have a pre credit auth and a borrower auth. BOTH signed before credit report - Seller-04/18/2025 |
Resolved-Received borrower authorization dated XXX and pre-dates credit pulled by lender. - Due Diligence Vendor-04/18/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80% |
credit auth.pdf auth.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 379332 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2025-04-22 09:59 | 2025-04-28 15:01 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Guideline Clarification received - resolved. - Due Diligence Vendor-04/28/2025 Ready for Review-Document Uploaded. A soft pull is not required on DSCR loans. We also had pre close review done on this file and they did not call our for a soft pull. - Seller-04/28/2025 Counter-Received lender commentary, however insufficient to clear condition. Per Sections 6.4 of guidelines, a gap report is required if Note date is greater than 30 days after the date of the credit report relied upon for underwriting. The gap credit report, soft-pull or final report for the undisclosed debt monitoring is to be dated within 15 days of the Note date. - Due Diligence Vendor-04/25/2025 Ready for Review-The credit authorization referenced below is for a completely different loan, this is for a loan that previously closed for the same borrower. We use this letter and credit report from that file because there is no need to repull credit for the borrower if the original credit report is not expired. - Seller-04/24/2025 Counter-Received borrower authorization, however missing the gap credit report as Note date is greater than 30 days after the date of the original credit report of XXX. - Due Diligence Vendor-04/23/2025 Ready for Review-Document Uploaded. We’ve done several loans for this borrower. We used the credit report from a previous loan since it hasn’t expired. Here is the credit authorization from the previous loan. - Seller-04/23/2025 Open-Borrower 1 Gap Credit Report is Missing Missing Gap report which is required if Note date is greater than 30 days after the date of the original credit report of XXX. - Due Diligence Vendor-04/22/2025 |
Ready for Review-Document Uploaded. A soft pull is not required on DSCR loans. We also had pre close review done on this file and they did not call our for a soft pull. - Seller-04/28/2025 Ready for Review-The credit authorization referenced below is for a completely different loan, this is for a loan that previously closed for the same borrower. We use this letter and credit report from that file because there is no need to repull credit for the borrower if the original credit report is not expired. - Seller-04/24/2025 Ready for Review-Document Uploaded. We’ve done several loans for this borrower. We used the credit report from a previous loan since it hasn’t expired. Here is the credit authorization from the previous loan. - Seller-04/23/2025 |
Resolved-Guideline Clarification received - resolved. - Due Diligence Vendor-04/28/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | XXX Credit Authorization.pdf XXX Gap Credit report LOX.pdf |
ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 379332 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2025-04-22 10:06 | 2025-04-25 13:25 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received supporting documentation for XXX and XXX. - Due Diligence Vendor-04/25/2025 Ready for Review-Document Uploaded. additional REO docs, this loan closed last month. I am submitting CD, First payment letter, note and MTG. - Seller-04/24/2025 Counter-Received REO docs for XXX, however missing REO docs for XXX. - Due Diligence Vendor-04/23/2025 Ready for Review-Document Uploaded. docs for REO - Seller-04/23/2025 Open-Missing mortgage statements for XXX borrowers' current primary home and XXX, borrowers' investment property. - Due Diligence Vendor-04/22/2025 |
Ready for Review-Document Uploaded. additional REO docs, this loan closed last month. I am submitting CD, First payment letter, note and MTG. - Seller-04/24/2025 Ready for Review-Document Uploaded. docs for REO - Seller-04/23/2025 |
Resolved-Received supporting documentation for XXX and XXX. - Due Diligence Vendor-04/25/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | XXX XXX REO docs.pdf XXX XXX REO docs.pdf XXX XXX REO docs additional.pdf |
ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 350567 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM8805 | 2025-04-17 11:01 | 2025-04-18 11:39 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received credit authorization dated XXX - Due Diligence Vendor-04/18/2025 Ready for Review-Document Uploaded. We’ve done several loans for this borrower. We used the credit report from a previous loan since it hasn’t expired. Here is the credit authorization from the previous loan. - Seller-04/18/2025 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-04/17/2025 |
Ready for Review-Document Uploaded. We’ve done several loans for this borrower. We used the credit report from a previous loan since it hasn’t expired. Here is the credit authorization from the previous loan. - Seller-04/18/2025 |
Resolved-Received credit authorization dated XXX - Due Diligence Vendor-04/18/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | XXX Credit Authorization.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 334194 | XXX | XXX | D | B | D | A | A | A | C | B | Closed | FVAL5474 | 2025-04-25 17:13 | 2025-04-28 09:49 | Waived | 2 - Non-Material | C | B | Property | Property | Condo project is ineligible | Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-04/28/2025 Ready for Review-Document Uploaded. hello, this appear and pre close review and XXX approved an exception, - Seller-04/28/2025 Open-Borrower reflects ownership of four units in the condominium complex and exceeds guideline maximum of two units. Missing documentation to support eligibility of borrower's total owned properties. in the complex. - Due Diligence Vendor-04/25/2025 |
Ready for Review-Document Uploaded. hello, this appear and pre close review and XXX approved an exception, - Seller-04/28/2025 |
Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-04/28/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50.00% | 1) XXX% DTI is less than 50% maximum. 2) XXX months of Reserves is greater than requires Reserves of 0. |
Exception approval.pdf Exception Waiver.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes |
| XXX | 334194 | XXX | XXX | D | B | D | A | A | A | C | B | Closed | FCRE5782 | 2025-04-24 13:28 | 2025-04-28 09:46 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-04/28/2025 Ready for Review-Document Uploaded. - Seller-04/28/2025 Open-Borrower 1 Gap Credit Report is Missing Credit report dated XXX exceeds 30 days from Note date XXX. Gap report within 15 days of Note is required. - Due Diligence Vendor-04/25/2025 |
Ready for Review-Document Uploaded. - Seller-04/28/2025 |
Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-04/28/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50.00% | Credit Refresh.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 326363 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM8805 | 2025-04-22 21:40 | 2025-05-05 17:04 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received Borrower Authorization. - Due Diligence Vendor-05/05/2025 Ready for Review-Document Uploaded. - Seller-05/05/2025 Open-Missing copy of borrower's authorization to pull credit report dated XXX. Credit report dated XXX is dated prior to borrower's signed authorization dated XXX. - Due Diligence Vendor-04/23/2025 |
Ready for Review-Document Uploaded. - Seller-05/05/2025 |
Resolved-Received Borrower Authorization. - Due Diligence Vendor-05/05/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 | C51_CreditAuthorization.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | |
| XXX | 387656 | XXX | XXX | C | A | C | A | A | A | A | A | Closed | FCRE1294 | 2025-05-01 17:15 | 2025-05-15 16:12 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 3 Months Income Verified is Missing | Resolved-Lender LOX received supporting Lease Agreements can be used. - Due Diligence Vendor-05/15/2025 Ready for Review-Document Uploaded. Please see attached LOE from the Underwriter regarding no lease history. - Seller-05/15/2025 Open-Income 3 Months Income Verified is Missing Missing documentation supporting Lease Agreements can be used to qualify Rental Income used. Per Guidelines, FNMA is to be followed for Other income. Per FNMA Guidelines, Schedule E is to be used to qualify Subject Rental income for properties owned prior to the previous tax year. Borrower acquired property XXX. - Due Diligence Vendor-05/01/2025 |
Ready for Review-Document Uploaded. Please see attached LOE from the Underwriter regarding no lease history. - Seller-05/15/2025 |
Resolved-Lender LOX received supporting Lease Agreements can be used. - Due Diligence Vendor-05/15/2025 |
Qualifying DTI below max allowed. - XXX calculated DTI is XXX percent below the maximum DTI per guidelines of 50 Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
XXX LOE lease history.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 363082 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE8611 | 2025-05-23 18:53 | 2025-06-17 13:15 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-Received lender LOX and rental calculation supported. - Due Diligence Vendor-06/17/2025 Counter-Lender LOX received, however insufficient to clear condition per FNMA guidelines section B3-1.08 "Calculating monthly qualifying income or loss for principal residence" reflect use of eligible rental income on the subject property (primary residence) can't exceed the total combined PITIA value. - Due Diligence Vendor-06/16/2025 Ready for Review-Document Uploaded. - Seller-06/16/2025 Counter-Lender LOX received, however insufficient to clear condition as FNMA guidelines "Calculating monthly qualifying income or loss for principal residence" reflect use of eligible rental income on the subject property (primary residence) can't exceed the total combined PITIA value. - Due Diligence Vendor-06/10/2025 Ready for Review-Document Uploaded. - Seller-06/09/2025 Open-Re-calculated DTI of XXX% exceeds lenders calculated DTI of XXX% due to use of eligible rental income on the subject property(primary residence). The eligible rents can't exceed the total combined PITIA value. Net schedule "E" rents of $XXX exceed total pitia of $XXX - maximum eligible rental earnings can't exceed $XX (can only offset the payment, can't use excess value). - Due Diligence Vendor-05/23/2025 |
Ready for Review-Document Uploaded. - Seller-06/16/2025 Ready for Review-Document Uploaded. - Seller-06/09/2025 |
Resolved-Received lender LOX and rental calculation supported. - Due Diligence Vendor-06/17/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | XXX XXX LOE.pdf XXX revised profit and loss.pdf XXX_LenderLOX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 363082 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1316 | 2025-05-21 09:46 | 2025-06-17 13:12 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received evidence of self-employment dated within 30 days of the Note Date. - Due Diligence Vendor-06/10/2025 Ready for Review-Document Uploaded. - Seller-06/09/2025 Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing evidence of borrowers self-employment dated within 30 days of Note date(XXX). CPA letter provided is dated XXX and exceeds 30 days from Note. - Due Diligence Vendor-05/23/2025 |
Ready for Review-Document Uploaded. - Seller-06/09/2025 |
Resolved-Received evidence of self-employment dated within 30 days of the Note Date. - Due Diligence Vendor-06/10/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | Updated CPA XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 363082 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1326 | 2025-05-23 19:07 | 2025-06-17 13:12 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 YTD Profit & Loss Missing | Resolved-Received YTD P&L. - Due Diligence Vendor-06/16/2025 Ready for Review-Document Uploaded. Please see attached - Seller-06/16/2025 Open-Borrower 1 YTD Profit & Loss Missing Missing copy of current YTD P&L or 3 months bank statements per guideline requirement for self-employed borrowers. - Due Diligence Vendor-05/23/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-06/16/2025 |
Resolved-Received YTD P&L. - Due Diligence Vendor-06/16/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | XXX revised profit and loss.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 363082 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1157 | 2025-05-20 09:44 | 2025-06-16 12:00 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-Received HOI policy. - Due Diligence Vendor-06/16/2025 Ready for Review-Document Uploaded. Please see attached - Seller-06/16/2025 Counter-Received current HOI policy, however policy is still missing annual premium. - Due Diligence Vendor-06/13/2025 Ready for Review-Please see attached - Seller-06/13/2025 Counter-Received HOI policy, however Effective dates are from XXX to XXX -policy was not in effect at time of loan closing. Additionally, policy is missing the annual premium. - Due Diligence Vendor-06/10/2025 Ready for Review-Document Uploaded. - Seller-06/09/2025 Open-Missing Hazard Insurance Policy Provided hazard insurance is quoted as "THIS BINDER IS A TEMPORARY INSURANCE CONTRACT, SUBJECT TO THE CONDITIONS SHOWN ON PAGE 2 OF THIS FORM." Missing copy of final insurance contract. Subject to recalculation of debt ratio upon receipt. - Due Diligence Vendor-05/21/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-06/16/2025 Ready for Review-Please see attached - Seller-06/13/2025 Ready for Review-Document Uploaded. - Seller-06/09/2025 |
Resolved-Received HOI policy. - Due Diligence Vendor-06/16/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | XXX XXX EVIDENCE OF INSURANCE.pdf XXXHOICurrent.pdf XXX EVIDENCE_3902.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 363082 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | 5000880-AbilityToRepay-QMPointsAndFees | 2025-05-28 09:05 | 2025-05-28 09:12 | Resolved | 1 - Information | C | A | Compliance | Mavent | AbilityToRepay: QMPointsAndFees | Resolved-QM Violation is Valid in XXX, however, Loan is Non-QM. - Due Diligence Vendor-05/28/2025 Open-The loan fees ($XXX) exceed the (QM) (Note Amount >=$XXX) fee limit, which is 3% of the Total Loan Amount ($XXX), the difference is ($XXX). (12 CFR 1026.43(e)(3). - Due Diligence Vendor-05/28/2025 |
Resolved-QM Violation is Valid in XXX, however, Loan is Non-QM. - Due Diligence Vendor-05/28/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| XXX | 363082 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM4227 | 2025-05-20 10:56 | 2025-05-28 09:12 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Received Closing Disclosure Issued XXX. - Due Diligence Vendor-05/28/2025 Ready for Review-Document Uploaded. - Seller-05/27/2025 Open-Missing Initial Closing Disclosure. Unable to complete regulatory compliance check and TRID Monitoring. - Due Diligence Vendor-05/20/2025 |
Ready for Review-Document Uploaded. - Seller-05/27/2025 |
Resolved-Received Closing Disclosure Issued XXX. - Due Diligence Vendor-05/28/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | XXX Initial CD.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 336255 | XXX | XXX | C | A | A | A | C | A | A | A | Closed | 50001251-Fees-Limited | 2025-04-22 13:11 | 2025-05-02 14:35 | Resolved | 1 - Information | C | A | Compliance | Mavent | Fees: Limited | Resolved-Received Changed Circumstance Letter Dated XXX that reflects Loan Amount increasing, XXX Report results in a Pass. - Due Diligence Vendor-05/02/2025 Ready for Review-Document Uploaded. - Due Diligence Vendor-05/02/2025 Counter-Received Changed Circumstance Letter dated XXX that was already in file. Changed Circumstance Letter correctly corresponds with Revised Closing Disclosure Issued XXX, however, it does not reflect increase in Loan Amount or Broker Fees. - Due Diligence Vendor-04/30/2025 Ready for Review-Document Uploaded. - Due Diligence Vendor-04/30/2025 Counter-Received Disclosure Tracking Reasons (CD) Issued XXX that corresponds with Initial Closing Disclosure Issued XXX. Need Change of Circumstance (COC) that corresponds with Revised Closing Disclosure Issued XXX. - Due Diligence Vendor-04/28/2025 Ready for Review-Document Uploaded. - Seller-04/25/2025 Counter-Change in loan amount is a valid Change of Circumstance for an increase in Broker Fees, however, the Changed Circumstance Letter in file dated XXX does not reflect a change in loan amount either. Changed Circumstance Letter only reflects "COC due to DTI increasing thus increasing Points," therefore it cannot be applied to the increase in Broker Fees. - Due Diligence Vendor-04/24/2025 Ready for Review-The broker fee being paid by the borrower will change when the loan amount change, COC doesn't need to reflect that the broker fee is changing when the loan amount is changing, the loan amount changing is an adequate reason for the broker fee to increase. The broker fee is a percentage of the loan amount and thus moves lock and step with the loan amount. - Seller-04/24/2025 Open-The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Broker Fees. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). Changed Circumstance Letter in file dated 04/09/2025 does not reflect increase in Broker Fee, resulting in below Failure. The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Broker Fees. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). - Due Diligence Vendor-04/22/2025 |
Ready for Review-Document Uploaded. - Seller-04/25/2025 Ready for Review-The broker fee being paid by the borrower will change when the loan amount change, COC doesn't need to reflect that the broker fee is changing when the loan amount is changing, the loan amount changing is an adequate reason for the broker fee to increase. The broker fee is a percentage of the loan amount and thus moves lock and step with the loan amount. - Seller-04/24/2025 |
Resolved-Received Changed Circumstance Letter Dated XXX that reflects Loan Amount increasing, XXX Report results in a Pass. - Due Diligence Vendor-05/02/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 | Disclosure Tracking Reasons (CD).pdf COC Form XXX.pdf XXX COC XXX.pdf |
QM: Safe Harbor APOR (APOR SH) | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 365234 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM8805 | 2025-05-06 15:42 | 2025-05-15 10:55 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-05/15/2025 Ready for Review-Document Uploaded. - Seller-05/15/2025 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX Missing documentation to support borrower's authorization to pull credit pulled on XXX - Due Diligence Vendor-05/06/2025 |
Ready for Review-Document Uploaded. - Seller-05/15/2025 |
Resolved-Received borrower authorization. - Due Diligence Vendor-05/15/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660. | XXX Credit Auth.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 305878 | XXX | XXX | D | A | D | A | A | A | C | A | Closed | FCRE7497 | 2025-04-29 16:55 | 2025-05-07 09:19 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received supporting documentation. - Due Diligence Vendor-05/07/2025 Counter-Received taxes and insurance for property located at XXX, however XXX Statement reflects property address as XXX. Documentation submitted does not match REO Section of 1003. Subject to recalculation of qualifying ratios upon receipt. - Due Diligence Vendor-04/30/2025 Ready for Review-Document Uploaded. - Seller-04/30/2025 Open-Missing Documentation to support rental income calculation for property located at XXX is accurate. Documentation submitted does not match REO Section of 1003. A 1st Lien with XXX Statement is provided, in addition to what appears to be a 2nd Lien Note and Deed of Trust, however, the Final 1003 reflects no mortgage. Subject to recalculation of qualifying ratios upon receipt. - Due Diligence Vendor-04/29/2025 |
Ready for Review-Document Uploaded. - Seller-04/30/2025 |
Resolved-Received supporting documentation. - Due Diligence Vendor-05/07/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | PITI.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 305878 | XXX | XXX | D | A | D | A | A | A | C | A | Closed | FCRE1648 | 2025-04-25 11:35 | 2025-05-07 09:18 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing copy of senior lien Note or Mortgage statement to determine senior lien eligibility | Resolved-Received supporting documentation for Senior Lien. - Due Diligence Vendor-05/07/2025 Counter-Received XXX Statement for property located at XXX, however statement does not reflect this is cross collateralized with subject property. Unable to support existing Senior Lien on subject property. Subject to re-calculation of qualifying ratios upon receipt. - Due Diligence Vendor-04/30/2025 Ready for Review-Document Uploaded. - Seller-04/30/2025 Open-Missing copy of senior lien Note or Mortgage statement to determine senior lien eligibility Missing Documentation to support Senior Lien for subject property. Statement provided is for property located at XXX. Missing Senior Lien Information for subject property. Subject to recalculation qualifying ratios, LTV and CLTV upon receipt. - Due Diligence Vendor-04/29/2025 |
Ready for Review-Document Uploaded. - Seller-04/30/2025 |
Resolved-Received supporting documentation for Senior Lien. - Due Diligence Vendor-05/07/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | Mortgage stmt.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 305878 | XXX | XXX | D | A | D | A | A | A | C | A | Closed | FCRE4963 | 2025-04-29 17:00 | 2025-04-30 14:36 | Resolved | 1 - Information | C | A | Credit | Debt | No evidence of required debt payoff | Resolved-Received payoff statement. - Due Diligence Vendor-04/30/2025 Ready for Review-Document Uploaded. - Seller-04/30/2025 Open-Missing payoff statements for 1 mortgage accounts being paid off. Credit Report does not reflect liability and no payoff statement was submitted with loan file. - Due Diligence Vendor-04/29/2025 |
Ready for Review-Document Uploaded. - Seller-04/30/2025 |
Resolved-Received payoff statement. - Due Diligence Vendor-04/30/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | Payoff for Mtg.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 305878 | XXX | XXX | D | A | D | A | A | A | C | A | Closed | FVAL9739 | 2025-04-29 09:26 | 2025-04-30 14:12 | Resolved | 1 - Information | C | A | Property | Appraisal | Property/Appraisal General | Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-04/30/2025 Ready for Review-Document Uploaded. - Seller-04/30/2025 Counter-Received email correspondence, however insufficient to clear condition. Still missing documentation to Confirm if AIR compliance is met, appraisal reflects no AMC, and payment was made directly to the appraiser. - Due Diligence Vendor-04/30/2025 Ready for Review-Document Uploaded. - Seller-04/29/2025 Open-Missing documentation to Confirm if AIR compliance is met, appraisal reflects no AMC, and payment was made directly to the appraiser. - Due Diligence Vendor-04/29/2025 |
Ready for Review-Document Uploaded. - Seller-04/30/2025 Ready for Review-Document Uploaded. - Seller-04/29/2025 |
Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-04/30/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | AIR.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 349777 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2025-05-20 14:38 | 2025-05-28 14:14 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-05/28/2025 Ready for Review-Document Uploaded. - Seller-05/28/2025 Open-Borrower 1 Gap Credit Report is Missing Missing Gap report that is required if Note date is greater than 30 days after the date of the credit report relied upon for underwriting. Note date is XXX & credit report date is XXX. - Due Diligence Vendor-05/28/2025 |
Ready for Review-Document Uploaded. - Seller-05/28/2025 |
Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-05/28/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
Credit Report Refresh.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 325852 | XXX | XXX | B | A | A | A | B | A | A | A | Closed | FCOM1329 | 2025-05-15 14:23 | 2025-05-21 12:22 | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing Anti-Steering Disclosure | Resolved-Received Anti-Steering Loan Options Disclosure. - Due Diligence Vendor-05/21/2025 Ready for Review-Document Uploaded. Please see attached - Seller-05/21/2025 Open-Missing Anti-Steering Disclosure from the file. - Due Diligence Vendor-05/15/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-05/21/2025 |
Resolved-Received Anti-Steering Loan Options Disclosure. - Due Diligence Vendor-05/21/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% | XXX_AntiSteeringDisc.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 344490 | XXX | XXX | D | A | C | A | C | A | D | A | Closed | FCRE1193 | 2025-05-09 13:50 | 2025-05-12 15:02 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-05/12/2025 Resolved-Tax cert provided. Debt ratio re-calculated. Resolved. - Due Diligence Vendor-05/12/2025 Ready for Review-Document Uploaded. This condition is not valid. Tax cert provided shows total taxes of XXX. a partial payment of the taxes has been made for XXX and the balance is XXX. XXX is the total tax not the half assessment. The Tax Record info sheet from title is not correct - Seller-05/12/2025 Open-Audited DTI of XXX% exceeds Guideline DTI of 50% Senior lien mortgage statement is impounded. Escrow payment is $XXX versus verified tax $XXX + verified haz $XXX = $XXX. Escrow is short $XXX and added to debt ratio resulting in re-calculated DTI of XXX% - Due Diligence Vendor-05/09/2025 |
Ready for Review-Document Uploaded. This condition is not valid. Tax cert provided shows total taxes of XXX. a partial payment of the taxes has been made for XXX and the balance is XXX. XXX is the total tax not the half assessment. The Tax Record info sheet from title is not correct - Seller-05/12/2025 |
Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-05/12/2025 Resolved-Tax cert provided. Debt ratio re-calculated. Resolved. - Due Diligence Vendor-05/12/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
Tax Certificate.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 344490 | XXX | XXX | D | A | C | A | C | A | D | A | Closed | FVAL8862 | 2025-05-09 18:03 | 2025-05-12 15:00 | Resolved | 1 - Information | D | A | Property | Missing Doc | File does not contain all required valuation documents | Resolved-XXX owns XXX company. PCI included in loan file is sufficient. - Due Diligence Vendor-05/12/2025 Open-Property Condition Inspection Report provided by XXX does not meet guideline requirement of PCI reports from one of the following agencies: XXX, XXX, XXX, XXX, XXX, XXX or XXX. - Due Diligence Vendor-05/09/2025 |
Resolved-XXX owns XXX. PCI included in loan file is sufficient. - Due Diligence Vendor-05/12/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| XXX | 344490 | XXX | XXX | D | A | C | A | C | A | D | A | Closed | FCOM4765 | 2025-05-08 19:50 | 2025-05-12 11:02 | Resolved | 1 - Information | C | A | Compliance | TRID | CD: Liability After Foreclosure Not Complete | Resolved-Received Post Consummation Closing Disclosure Issued XXX with Liability after Foreclosure completed. - Due Diligence Vendor-05/12/2025 Ready for Review-Document Uploaded. - Seller-05/12/2025 Open-CD: Liability After Foreclosure Not Complete - Due Diligence Vendor-05/08/2025 |
Ready for Review-Document Uploaded. - Seller-05/12/2025 |
Resolved-Received Post Consummation Closing Disclosure Issued XXX with Liability after Foreclosure completed. - Due Diligence Vendor-05/12/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
XXX PCCD.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 339966 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1316 | 2025-05-05 11:06 | 2025-06-25 11:55 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received VVOE within 10 days of closing. - Due Diligence Vendor-05/14/2025 Ready for Review-attached - Seller-05/13/2025 Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-05/05/2025 |
Ready for Review-attached - Seller-05/13/2025 |
Resolved-Received VVOE within 10 days of closing. - Due Diligence Vendor-05/14/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% |
XXX SOS.pdf XXX-XXX_ Percentage of Ownership.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 320593 | XXX | XXX | C | A | A | A | A | A | C | A | Closed | FVAL9739 | 2025-05-03 12:35 | 2025-05-06 10:54 | Resolved | 1 - Information | C | A | Property | Appraisal | Property/Appraisal General | Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-05/06/2025 Ready for Review-Document Uploaded. - Seller-05/06/2025 Open-Missing documentation to support appraisal order meets AIR compliance. Appraisal completed for XXX Inc does not reflect an AMC and payment was made directly to appraiser. - Due Diligence Vendor-05/03/2025 |
Ready for Review-Document Uploaded. - Seller-05/06/2025 |
Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-05/06/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 85% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX%percent below the maximum DTI per guidelines of 50% |
order appraisal POD.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 355346 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCOM1221 | 2025-05-16 09:12 | 2025-06-03 17:52 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Deed of Trust is Incomplete | Resolved-Received Mortgage with Legal Description attached. - Due Diligence Vendor-06/03/2025 Ready for Review-Document Uploaded. - Seller-06/03/2025 Open-Mortgage is missing the legal description. Mortgage in file reflects "SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF AS "EXHIBIT A"." on Page 1, however, legal description is missing. Need full copy of Mortgage inclusive of legal description and any riders. - Due Diligence Vendor-05/16/2025 |
Ready for Review-Document Uploaded. - Seller-06/03/2025 |
Resolved-Received Mortgage with Legal Description attached. - Due Diligence Vendor-06/03/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
XXX Mortgage.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 355346 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE4963 | 2025-05-20 14:26 | 2025-06-03 16:48 | Resolved | 1 - Information | C | A | Credit | Debt | No evidence of required debt payoff | Resolved-Received supporting documentation of line closure. - Due Diligence Vendor-06/03/2025 Ready for Review-Document Uploaded. - Seller-06/03/2025 Open-Payoff statement provided for XXX xxXXX & XXX xx XXX does reflect payoff value. However, missing documentation to support HELOCs are closed to future advances and will be released when paid. - Due Diligence Vendor-05/20/2025 |
Ready for Review-Document Uploaded. - Seller-06/03/2025 |
Resolved-Received supporting documentation of line closure. - Due Diligence Vendor-06/03/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
XXX HELOC payoff.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 389006 | XXX | XXX | D | A | D | A | A | A | C | A | Closed | FVAL9739 | 2025-06-04 12:34 | 2025-06-11 14:51 | Resolved | 1 - Information | C | A | Property | Appraisal | Property/Appraisal General | Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-06/11/2025 Ready for Review-Document Uploaded. - Seller-06/11/2025 Open-Missing documentation to support appraisal order meets AIR compliance. Appraisal completed for XXX reflects "No AMC" and payment was made directly to appraiser." - Due Diligence Vendor-06/04/2025 |
Ready for Review-Document Uploaded. - Seller-06/11/2025 |
Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-06/11/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
appraisal AIR.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 389006 | XXX | XXX | D | A | D | A | A | A | C | A | Closed | FSER1170 | 2025-06-04 12:22 | 2025-06-09 15:43 | Resolved | 1 - Information | A | A | Servicing | Additional Information | Correspondent is not listed as the Loss Payee on the insurance policy(ies) | Resolved-Lender commentary received. - Due Diligence Vendor-06/09/2025 Ready for Review-XXX owns the first and will own the second lien after purchase from XXX so the Mortgagee Clause showing XXX only, should be acceptable. When loan has been released to XXX, XXX will updated the second mortgagee. - Seller-06/09/2025 Open-This is 2nd lien loan and mortgagee clause is missing from provided HOI. - Due Diligence Vendor-06/04/2025 |
Ready for Review-XXX owns the first and will own the second lien after purchase from XXX so the Mortgagee Clause showing XXX only, should be acceptable. When loan has been released to XXX, XXX will updated the second mortgagee. - Seller-06/09/2025 |
Resolved-Lender commentary received. - Due Diligence Vendor-06/09/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 389006 | XXX | XXX | D | A | D | A | A | A | C | A | Closed | FCRE3464 | 2025-06-07 14:52 | 2025-06-09 12:10 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Closing/Final Verbal VOE | Resolved-Received VOE within 10 days of closing. - Due Diligence Vendor-06/09/2025 Ready for Review-Document Uploaded. XXX VVOE date 05/16 - Seller-06/09/2025 Open-Missing copy of verbal VOE for borrower's employment with XXX. XXX provided reflects effective date of XXX and exceeds 10 days from Note date of XXX - Due Diligence Vendor-06/07/2025 |
Ready for Review-Document Uploaded. XXX VVOE date XXX - Seller-06/09/2025 |
Resolved-Received VOE within 10 days of closing. - Due Diligence Vendor-06/09/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
VVOE.pdf | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 388201 | XXX | XXX | C | A | C | A | B | A | A | A | Closed | FCRE1636 | 2025-05-05 16:57 | 2025-05-14 13:52 | Resolved | 1 - Information | C | A | Credit | Data | Flood Cert is missing Life of Loan | Resolved-Flood cert dated XXX was pulled by the title company. XXX Flood certificate was pulled by Lender and includes Life of Loan Determination. - Due Diligence Vendor-05/14/2025 Open-Flood Cert is missing Life of Loan Flood Cert dated XXX is missing Life of Loan determination. - Due Diligence Vendor-05/06/2025 |
Resolved-Flood cert dated XXX was pulled by the title company. XXX Flood certificate was pulled by Lender and includes Life of Loan Determination. - Due Diligence Vendor-05/14/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 70% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| XXX | 388201 | XXX | XXX | C | A | C | A | B | A | A | A | Closed | FCOM9963 | 2025-05-02 11:04 | 2025-05-14 08:50 | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing Right to Receive Appraisal | Resolved-Received Verification of Receipt of Appraisal. - Due Diligence Vendor-05/14/2025 Ready for Review-Document Uploaded. - Seller-05/13/2025 Open-Notice of Right to Receive Copy of Written Appraisal / Valuation is missing from the file. - Due Diligence Vendor-05/02/2025 |
Ready for Review-Document Uploaded. - Seller-05/13/2025 |
Resolved-Received Verification of Receipt of Appraisal. - Due Diligence Vendor-05/14/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 70% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 |
Appraisal disclosure.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 338886 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE7850 | 2025-05-30 12:10 | 2025-06-10 11:54 | Resolved | 1 - Information | B | A | Credit | Data | Appraisal Occupancy Variance | Resolved-Received revised appraisal report reflecting correct occupancy as Tenant. - Due Diligence Vendor-06/10/2025 Ready for Review-Document Uploaded. - Seller-06/10/2025 Counter-Lender commentary received. Issue is on the original appraisal report - Loan purpose is an investment refinance, however occupancy noted on appraisal report is owner occupied. - Due Diligence Vendor-06/09/2025 Ready for Review-AVM states "occupied" as opposed to "vacant" it does not specify whether it is owner occupied or not. please remove. - Seller-06/09/2025 Counter-Lender commentary received - Issue is on the original appraisal. Loan purpose is investment refinance, however occupancy noted on appraisal report is owner occupied. - Due Diligence Vendor-06/06/2025 Ready for Review-Per the appraiser, there is not a spot on the desk review appraisals to check occupancy. Please remove condition - Seller-06/06/2025 Open-Loan purpose is investment refinance, however occupancy noted on appraisal report is owner occupied. - Due Diligence Vendor-05/30/2025 |
Ready for Review-Document Uploaded. - Seller-06/10/2025 Ready for Review-AVM states "occupied" as opposed to "vacant" it does not specify whether it is owner occupied or not. please remove. - Seller-06/09/2025 Ready for Review-Per the appraiser, there is not a spot on the desk review appraisals to check occupancy. Please remove condition - Seller-06/06/2025 |
Resolved-Received revised appraisal report reflecting correct occupancy as Tenant. - Due Diligence Vendor-06/10/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
XXX_Revised.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 338886 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE8946 | 2025-05-30 13:04 | 2025-06-06 17:10 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income documentation expiration dates | Resolved-Received updated bank statement-income re-calculated. - Due Diligence Vendor-06/06/2025 Ready for Review-Document Uploaded. - Seller-06/06/2025 Open-Bank statement income is used to qualify the borrower. Per guidelines, Income Documentation cannot be dated more than 60 days from Note Date. Latest Bank Statement used to calculate qualifying Income is XXX. - Due Diligence Vendor-05/30/2025 |
Ready for Review-Document Uploaded. - Seller-06/06/2025 |
Resolved-Received updated bank statement-income re-calculated. - Due Diligence Vendor-06/06/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
Business bank stmt# XXX XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 338886 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCOM8805 | 2025-05-30 12:59 | 2025-06-06 13:54 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-06/06/2025 Ready for Review-Document Uploaded. - Seller-06/06/2025 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX - Due Diligence Vendor-05/30/2025 |
Ready for Review-Document Uploaded. - Seller-06/06/2025 |
Resolved-Received borrower authorization. - Due Diligence Vendor-06/06/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
Verbal Auth to pull credit.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 308610 | XXX | XXX | B | A | A | A | B | A | A | A | Closed | FCOM1329 | 2025-05-20 11:09 | 2025-06-03 17:31 | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing Anti-Steering Disclosure | Resolved-Received Anti-Steering Disclosure. - Due Diligence Vendor-06/03/2025 Ready for Review-Document Uploaded. - Seller-06/03/2025 Open- - Due Diligence Vendor-05/20/2025 |
Ready for Review-Document Uploaded. - Seller-06/03/2025 |
Resolved-Received Anti-Steering Disclosure. - Due Diligence Vendor-06/03/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 | D22-XXX Anti-Steering-Disclosure (1).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 339763 | XXX | XXX | C | A | A | A | A | A | C | A | Closed | FVAL9739 | 2025-05-20 12:08 | 2025-05-23 15:38 | Resolved | 1 - Information | C | A | Property | Appraisal | Property/Appraisal General | Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-05/23/2025 Ready for Review-Document Uploaded. - Seller-05/23/2025 Open-Missing documentation to support appraisal order meets AIR compliance. Appraisal completed for XXX reflects "No AMC" and payment was made directly to appraiser. - Due Diligence Vendor-05/20/2025 |
Ready for Review-Document Uploaded. - Seller-05/23/2025 |
Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-05/23/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90%. Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50%. |
agreement_XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 369351 | XXX | XXX | C | A | C | A | A | A | C | A | Closed | FPRO1137 | 2025-05-29 09:07 | 2025-06-04 11:21 | Resolved | 1 - Information | C | A | Property | Appraisal | The appraiser was not licensed (Primary Value) | Resolved-Received 2024 appraiser license evidencing appraiser was licensed at time of inspection. - Due Diligence Vendor-06/04/2025 Ready for Review-Document Uploaded. - Seller-06/04/2025 Open-Primary Value appraiser's license was not effective prior to the Valuation Date or expired prior to the Valuation Date Appraisers license reflects effective date of XXX and expiration of XXX however the appraisal effective date is XXX which appears the appraiser was not active at the time of the appraisal being completed. - Due Diligence Vendor-06/03/2025 |
Ready for Review-Document Uploaded. - Seller-06/04/2025 |
Resolved-Received 2024 appraiser license evidencing appraiser was licensed at time of inspection. - Due Diligence Vendor-06/04/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
XXX_XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 369351 | XXX | XXX | C | A | C | A | A | A | C | A | Closed | FCRE1437 | 2025-06-03 15:26 | 2025-06-04 11:20 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received supporting documentation of percentage of ownership. - Due Diligence Vendor-06/04/2025 Ready for Review-Document Uploaded. - Seller-06/04/2025 Open-Income and Employment Do Not Meet Guidelines Missing percentage ownership specific to XXX(borrower) for XXX. CPA letter dated XXX states she is the CPA for XXX and their 100% owned LLC's. CPA further states that XXX is 100% owner of both XXX and XXX but does not indicate his personal ownership percentage of XXX Subject to re-calculation of debt ratio upon receipt.. - Due Diligence Vendor-06/03/2025 |
Ready for Review-Document Uploaded. - Seller-06/04/2025 |
Resolved-Received supporting documentation of percentage of ownership. - Due Diligence Vendor-06/04/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
XXX business entity ownership.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 308005 | XXX | XXX | C | A | C | A | A | A | A | A | Closed | FCRE6873 | 2025-06-05 10:41 | 2025-06-12 16:03 | Resolved | 1 - Information | C | A | Credit | Borrower | Fraud alert is present on the credit report | Resolved-Received Lender fraud certification. - Due Diligence Vendor-06/12/2025 Ready for Review-Document Uploaded. Please see attached Processor Cert - Seller-06/12/2025 Open-There is a fraud victim alert listed on the credit report. It does not appear lender completed independent verification to confirm borrower's identity and to confirm that they were the ones who applied for credit. - Due Diligence Vendor-06/05/2025 |
Ready for Review-Document Uploaded. Please see attached Processor Cert - Seller-06/12/2025 |
Resolved-Received Lender fraud certification. - Due Diligence Vendor-06/12/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
XXX ProcCert.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 375452 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1254 | 2025-06-05 17:30 | 2025-06-17 09:14 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Received supporting documentation for judgement affidavit - Affidavit was for previous owner reflecting not one in the same. - Due Diligence Vendor-06/17/2025 Ready for Review-Document Uploaded. - Seller-06/16/2025 Open-Property Title Issue Title reflects a judgement affidavit recorded on XXX on #2 schedule B-II-Exception page. Missing documentation to support item #2 has been paid/released as this can jeopardize the lien position. - Due Diligence Vendor-06/05/2025 |
Ready for Review-Document Uploaded. - Seller-06/16/2025 |
Resolved-Received supporting documentation for judgement affidavit - Affidavit was for previous owner reflecting not one in the same. - Due Diligence Vendor-06/17/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | Judgment Aff (002).pdf XXX property profile showing no additional liens or judgments.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 375452 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1363 | 2025-06-03 16:43 | 2025-06-11 15:09 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 WVOE Missing | Resolved-Received Lender LOX and legible WVOE supporting overtime income. - Due Diligence Vendor-06/11/2025 Ready for Review-Document Uploaded. Please find U/W LOX along with supporting documentation - Seller-06/11/2025 Open-Borrower 2 WVOE Missing Borrower 2 WVOE is provided however not clearly visible. Unable to calculate overtime income. - Due Diligence Vendor-06/03/2025 |
Ready for Review-Document Uploaded. Please find U/W LOX along with supporting documentation - Seller-06/11/2025 |
Resolved-Received Lender LOX and legible WVOE supporting overtime income. - Due Diligence Vendor-06/11/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | XXX XXX LenderLOX.pdf WVOE.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 375452 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1324 | 2025-06-05 17:39 | 2025-06-11 10:12 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Borrower 1 Tax Returns Not Signed | Resolved-Received signed XXX/XXX tax returns. - Due Diligence Vendor-06/11/2025 Ready for Review-Document Uploaded. - Seller-06/11/2025 Open-Missing signed XXX & XXX tax returns. - Due Diligence Vendor-06/05/2025 |
Ready for Review-Document Uploaded. - Seller-06/11/2025 |
Resolved-Received signed XXX/XXX tax returns. - Due Diligence Vendor-06/11/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | XXX signed.pdf XXX-XXX-XXX Tax Return Documents (XXX XXX and XXX - Client Copy)IRS Accepted.pdf 1040_XXX_XXX_XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 375452 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2025-05-29 14:00 | 2025-06-10 09:53 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-06/10/2025 Ready for Review-Document Uploaded. - Seller-06/09/2025 Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-05/29/2025 |
Ready for Review-Document Uploaded. - Seller-06/09/2025 |
Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-06/10/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | Missing GAP report as its required if Note date is greater than 30 days after the date of the credit report relied upon for underwriting. (credit report date is XXX) | SoftPull.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A |
| XXX | 375452 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1253 | 2025-06-03 16:47 | 2025-06-10 09:47 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Property Tax Cert | Resolved-Received tax cert. - Due Diligence Vendor-06/10/2025 Ready for Review-Document Uploaded. - Seller-06/09/2025 Open-Missing Property Tax Cert. Subject to recalculation of DTI upon receipt. - Due Diligence Vendor-06/05/2025 |
Ready for Review-Document Uploaded. - Seller-06/09/2025 |
Resolved-Received tax cert. - Due Diligence Vendor-06/10/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | Taxes.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 327020 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1333 | 2025-05-29 15:53 | 2025-06-04 16:02 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 WVOE Missing | Resolved-Received Lender LOX and supporting documentation for bonus income. - Due Diligence Vendor-06/04/2025 Ready for Review-Document Uploaded. - Seller-06/03/2025 Open-Borrower 1 WVOE Missing Borrower qualifying on base and bonus earnings. Missing written VOE to establish history of bonus earnings to determine eligibility. Lender worksheet shows bonus earnings in year XXX of $XXX however, not reflected on paystubs provided. Subject to re-calculation of DTI upon receipt. - Due Diligence Vendor-05/29/2025 |
Ready for Review-Document Uploaded. - Seller-06/03/2025 |
Resolved-Received Lender LOX and supporting documentation for bonus income. - Due Diligence Vendor-06/04/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
Verbal VOE.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 327020 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM8805 | 2025-05-29 16:55 | 2025-06-04 10:49 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-06/04/2025 Ready for Review-Document Uploaded. - Seller-06/03/2025 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-05/29/2025 |
Ready for Review-Document Uploaded. - Seller-06/03/2025 |
Resolved-Received borrower authorization. - Due Diligence Vendor-06/04/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
XXX-verbal credit auth(2).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 327020 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1145 | 2025-05-27 13:12 | 2025-06-04 10:48 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Title Document Missing | Resolved-Received title policy reflecting loan amount coverage, mortgagee and vesting. - Due Diligence Vendor-06/04/2025 Ready for Review-Document Uploaded. - Seller-06/03/2025 Open-Title Document is missing Title document is partially provided. Copy of existing grantee name, existing mortgage and current taxes provided. Missing Proposed insured lender and loan amount, final vesting and encumbrance information. - Due Diligence Vendor-05/29/2025 |
Ready for Review-Document Uploaded. - Seller-06/03/2025 |
Resolved-Received title policy reflecting loan amount coverage, mortgagee and vesting. - Due Diligence Vendor-06/04/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
XXX Residential Limited Coverage Junior Loan Policy (XXX)-IL.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 327020 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM1263 | 2025-05-27 15:45 | 2025-06-03 18:13 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Right of Rescission is Partially Provided | Resolved-Received Notice of Right to Cancel that reflects Cancel Date. - Due Diligence Vendor-06/03/2025 Ready for Review-Document Uploaded. - Seller-06/03/2025 Open-Right of Rescission is Partially Provided Cancel Date is not provided on the Notice of Right to Cancel in file. - Due Diligence Vendor-05/27/2025 |
Ready for Review-Document Uploaded. - Seller-06/03/2025 |
Resolved-Received Notice of Right to Cancel that reflects Cancel Date. - Due Diligence Vendor-06/03/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
Right to Cancel.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 306941 | XXX | XXX | C | A | C | A | A | A | A | A | Closed | FCRE4805 | 2025-06-03 16:04 | 2025-06-04 13:38 | Resolved | 1 - Information | C | A | Credit | Eligibility | Trust/POA Does Not Meet Guideline Requirements | Resolved-Received confirmation from title company trust was approved. - Due Diligence Vendor-06/04/2025 Ready for Review-Document Uploaded. trust approval email - Seller-06/04/2025 Counter-Received Trust Cert, however missing evidence Trust was approved by the title company. - Due Diligence Vendor-06/04/2025 Ready for Review-Document Uploaded. approved trust cert - Seller-06/03/2025 Open-Trust/POA Does Not Meet Guideline Requirements Missing evidence Trust Agreement/Trust Certificate was reviewed and approved by Title company, per guidelines. - Due Diligence Vendor-06/03/2025 |
Ready for Review-Document Uploaded. trust approval email - Seller-06/04/2025 Ready for Review-Document Uploaded. approved trust cert - Seller-06/03/2025 |
Resolved-Received confirmation from title company trust was approved. - Due Diligence Vendor-06/04/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
XXX Trust cert.pdf XXX Trust Approval.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 306941 | XXX | XXX | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2025-05-28 14:17 | 2025-06-04 13:08 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received title supplement reflecting title coverage and mortgagee. - Due Diligence Vendor-06/04/2025 Ready for Review-Document Uploaded. title sup attached - Seller-06/04/2025 Counter-Received CPL, however insufficient to clear condition. Still missing Title Supplemental Report reflecting Mortgagee and Loan Amount Coverage. - Due Diligence Vendor-06/04/2025 Ready for Review-Document Uploaded. Please see the CPL attached. The CPL shows the max coverage amount and should be enough to clear the condition. - Seller-06/03/2025 Open-Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien(s) of $XXX Missing Title Supplemental Report reflecting Mortgagee and Loan Amount Coverage. - Due Diligence Vendor-05/30/2025 |
Ready for Review-Document Uploaded. title sup attached - Seller-06/04/2025 Ready for Review-Document Uploaded. Please see the CPL attached. The CPL shows the max coverage amount and should be enough to clear the condition. - Seller-06/03/2025 |
Resolved-Received title supplement reflecting title coverage and mortgagee. - Due Diligence Vendor-06/04/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
XXX CPL.pdf XXX title sup.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 306941 | XXX | XXX | C | A | C | A | A | A | A | A | Closed | FCRE1204 | 2025-05-30 14:04 | 2025-06-04 10:24 | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received cleared fraud report reflecting explanations to address clearance of high alerts. - Due Diligence Vendor-06/04/2025 Ready for Review-Document Uploaded. corrected fraud report - Seller-06/03/2025 Open-Fraud Report Shows Uncleared Alerts Missing documentation to support lender addressed the open high impact items reflected on the fraud report. - Due Diligence Vendor-05/30/2025 |
Ready for Review-Document Uploaded. corrected fraud report - Seller-06/03/2025 |
Resolved-Received cleared fraud report reflecting explanations to address clearance of high alerts. - Due Diligence Vendor-06/04/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
XXX Fraud Guard (1).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 367443 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM8805 | 2025-05-21 16:30 | 2025-05-28 09:26 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-05/28/2025 Ready for Review-Document Uploaded. - Seller-05/27/2025 Open-Credit report dated XXX pulled XXX is dated prior to the borrower's authorization dated XXX Missing documentation to support borrower's authorization to pull credit pulled on XXX - Due Diligence Vendor-05/21/2025 |
Ready for Review-Document Uploaded. - Seller-05/27/2025 |
Resolved-Received borrower authorization. - Due Diligence Vendor-05/28/2025 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 0 months. | BORROWER AUTH.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 320860 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE7347 | 2025-02-14 13:23 | 2025-02-21 16:29 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Received supporting documentation of solar lease and included in DTI. - Due Diligence Vendor-02/21/2025 Ready for Review-Document Uploaded. - Seller-02/21/2025 Open-Missing copy of solar lease. Appraisal notes solar panels are leased. Subject to re-calculation of debt ratio upon receipt - Due Diligence Vendor-02/14/2025 |
Ready for Review-Document Uploaded. - Seller-02/21/2025 |
Resolved-Received supporting documentation of solar lease and included in DTI. - Due Diligence Vendor-02/21/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 65% |
UW RESPONSE.pdf 1008 XXX.pdf Solar_PPA.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 306993 | XXX | XXX | D | B | D | B | D | A | A | A | Closed | FCOM1291 | 2025-04-17 18:49 | 2025-04-29 09:18 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Final HUD-1 Document is Missing | Resolved-Received Final CD from 1st lien purchase. - Due Diligence Vendor-04/29/2025 Ready for Review-Document Uploaded. - Seller-04/28/2025 Open-Final HUD-1 Document is Missing Missing final CD/HUD/Settlement statement for the 1st lien purchase. - Due Diligence Vendor-04/17/2025 |
Ready for Review-Document Uploaded. - Seller-04/28/2025 |
Resolved-Received Final CD from 1st lien purchase. - Due Diligence Vendor-04/29/2025 |
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
MISCELLANEOUS (2).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Purchase | NA | N/A | N/A | |
| XXX | 306993 | XXX | XXX | D | B | D | B | D | A | A | A | Closed | FCRE5116 | 2025-04-17 15:13 | 2025-04-29 09:15 | Acknowledged | 2 - Non-Material | D | B | Credit | Missing Doc | Missing VOM or VOR | Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-04/29/2025 Ready for Review-Document Uploaded. - Seller-04/28/2025 Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing 12-month housing history; VOR from management company for both XXX & XXX. - Due Diligence Vendor-04/17/2025 |
Ready for Review-Document Uploaded. - Seller-04/28/2025 |
Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-04/29/2025 |
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
1) XXX% LTV is less than 85% maximum. 2) XXX months of Reserves is greater than minimum of 0. |
RE_ XXX EXCEPTION REQUEST.pdf XXX XXX EXCEPTION REQUEST.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Purchase | NA | Originator Post-Close | Yes |
| XXX | 306993 | XXX | XXX | D | B | D | B | D | A | A | A | Closed | FCOM8805 | 2025-04-17 15:05 | 2025-04-29 09:10 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-04/29/2025 Ready for Review-Document Uploaded. - Seller-04/28/2025 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX - Due Diligence Vendor-04/17/2025 |
Ready for Review-Document Uploaded. - Seller-04/28/2025 |
Resolved-Received borrower authorization. - Due Diligence Vendor-04/29/2025 |
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
XXX_XXX_borrower's authorization.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Purchase | NA | N/A | N/A | |
| XXX | 360896 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE1204 | 2025-05-07 14:17 | 2025-05-09 16:26 | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received supporting documentation to address high alert items. - Due Diligence Vendor-05/09/2025 Ready for Review-Document Uploaded. - Seller-05/09/2025 Open-Fraud Report Shows Uncleared Alerts Missing documentation to support lender addressed high impact item for: Two or more parties in the transaction have similar names which may indicate non-arms length transactions (XXX; XXX). - Due Diligence Vendor-05/08/2025 |
Ready for Review-Document Uploaded. - Seller-05/09/2025 |
Resolved-Received supporting documentation to address high alert items. - Due Diligence Vendor-05/09/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
UW RESPONSE RE HIGH ALERTS.pdf FRAUD GUARD (1).pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 360896 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCOM8807 | 2025-05-06 13:38 | 2025-05-09 15:56 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Appraisal Acknowledgement | Resolved-Received Certified Secure Electronic Delivery of Appraisal/Valuation Report. - Due Diligence Vendor-05/09/2025 Ready for Review-Document Uploaded. - Seller-05/09/2025 Open-Missing Appraisal Acknowledgement from the file. - Due Diligence Vendor-05/06/2025 |
Ready for Review-Document Uploaded. - Seller-05/09/2025 |
Resolved-Received Certified Secure Electronic Delivery of Appraisal/Valuation Report. - Due Diligence Vendor-05/09/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
SureReceiptsCert-XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 315988 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM8805 | 2025-06-06 09:38 | 2025-06-12 09:53 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received Borrower Authorization. - Due Diligence Vendor-06/12/2025 Ready for Review-Document Uploaded. - Seller-06/11/2025 Open-Credit report dated XXX pulled by XXX. is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-06/06/2025 |
Ready for Review-Document Uploaded. - Seller-06/11/2025 |
Resolved-Received Borrower Authorization. - Due Diligence Vendor-06/12/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
borrowers authorization.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 378971 | XXX | XXX | C | A | C | A | A | A | C | A | Closed | FVAL3825 | 2025-02-11 14:50 | 2025-02-18 10:37 | Resolved | 1 - Information | C | A | Property | Property | FEMA Declared Disaster Dated Prior to the Note Date, After Appraisal Date | Resolved-Received Disaster Inspection reflecting no damage to subject property. - Due Diligence Vendor-02/18/2025 Ready for Review-Document Uploaded. - Seller-02/14/2025 Open-Subject property possibly located in Active fire area. As of XXX XXX issued state of emergency for subject county. Missing Disaster Inspection Report evidencing no damage from recent Disaster Declaration per guidelines. - Due Diligence Vendor-02/11/2025 |
Ready for Review-Document Uploaded. - Seller-02/14/2025 |
Resolved-Received Disaster Inspection reflecting no damage to subject property. - Due Diligence Vendor-02/18/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
1004D disaster.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 378971 | XXX | XXX | C | A | C | A | A | A | C | A | Closed | FCRE1204 | 2025-02-11 14:13 | 2025-02-18 09:35 | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received Cleared Fraud report to address high alerts. - Due Diligence Vendor-02/18/2025 Ready for Review-Document Uploaded. - Seller-02/14/2025 Open-Fraud Report Shows Uncleared Alerts Missing documentation to support lender addressed the Two outstanding high impact items on the fraud report. - Due Diligence Vendor-02/11/2025 |
Ready for Review-Document Uploaded. - Seller-02/14/2025 |
Resolved-Received Cleared Fraud report to address high alerts. - Due Diligence Vendor-02/18/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
1008 - UW COMMENTS RE HIGH ALERST ON FG.pdf UPDATED FG.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 362259 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1441 | 2025-02-07 17:25 | 2025-02-19 16:25 | Resolved | 1 - Information | C | A | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Resolved-Received supporting documentation of hardship. - Due Diligence Vendor-02/19/2025 Ready for Review-Document Uploaded. - Seller-02/19/2025 Counter-Received mortgage statement which reflects "Non-Interest-Bearing Principal Balance" of $XXX. Per guidelines, Loans in active forbearance or deferment unallowable, unless deferred balance due to a documented hardship and can may remain open. Without documented hardship, deferred amounts must be paid through closing. File is missing evidence of hardship or the deferred balance is paid through closing. - Due Diligence Vendor-02/11/2025 Ready for Review-Document Uploaded. The subject property’s senior lien is XXX, which is not in deferred status. Statement attached. - Seller-02/11/2025 Open-Delinquent Credit History Does Not Meet Guideline Requirements Senior Lien Mortgage Statement for XXX/XXX #XXX reflects loan is in deferred status. Per guidelines, Loans in active forbearance or deferment unallowable, unless deferred balance due to a documented hardship and can may remain open. Without documented hardship, deferred amounts must be paid through closing. File is missing evidence of hardship or the deferred balance is paid through closing. - Due Diligence Vendor-02/07/2025 |
Ready for Review-Document Uploaded. - Seller-02/19/2025 Ready for Review-Document Uploaded. The subject property’s senior lien is XXX, which is not in deferred status. Statement attached. - Seller-02/11/2025 |
Resolved-Received supporting documentation of hardship. - Due Diligence Vendor-02/19/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 Qualifying DTI below max allowed. - XXX % calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
XXX XXX-MORTGAGE STATEMENT XXX #XXX.pdf UW RESPONSE.pdf XXX.pdf BK.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 362259 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1325 | 2025-02-07 17:15 | 2025-02-18 16:09 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received supporting documentation of continuous self employment. - Due Diligence Vendor-02/18/2025 Ready for Review-Document Uploaded. - Seller-02/14/2025 Counter-Received documentation, however insufficient to clear condition. Missing supporting document for evidence of 2-year continuous self-employment. Per guidelines, lender must document two years current continuous self-employment with business license or statement from corporate accountant/CPA confirming the same. - Due Diligence Vendor-02/11/2025 Ready for Review-Document Uploaded. per XXX UW -Third party documentation was in file and confirms business initiated in XXX to meet minimum 2 years self-employment. Operating agreement and most recent annual filing attached. - Seller-02/11/2025 Open-Borrower 1 CPA Letter Missing Missing supporting document per guidelines for evidence of 2 year continuous self-employment. Per guidelines, lender must document two years current continuous self-employment with business license or statement from corporate accountant/CPA confirming the same. - Due Diligence Vendor-02/07/2025 |
Ready for Review-Document Uploaded. - Seller-02/14/2025 Ready for Review-Document Uploaded. per XXX UW -Third party documentation was in file and confirms business initiated in 2012 to meet minimum 2 years self-employment. Operating agreement and most recent annual filing attached. - Seller-02/11/2025 |
Resolved-Received supporting documentation of continuous self employment. - Due Diligence Vendor-02/18/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 Qualifying DTI below max allowed. - XXX %calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
XXX XXX-Operating Agreement XXX.pdf XXX XXX-XXX Annual Filing.pdf XXX XXX-XXX.pdf UW RESPONSE RE BUSINESS LICENSE.pdf Regular License - XXX - XXX.pdf XXX - Regular License - XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 362259 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1254 | 2025-02-07 17:05 | 2025-02-11 14:55 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Received evidence from title company, item #7 will be removed on the final title policy. - Due Diligence Vendor-02/11/2025 Ready for Review-Document Uploaded. Email attached from title confirming no open tax lien, this is in process of being recorded and updated. - Seller-02/11/2025 Open-Property Title Issue Missing evidence Schedule B, I, #7 is satisfied and removed from Title. - Due Diligence Vendor-02/07/2025 |
Ready for Review-Document Uploaded. Email attached from title confirming no open tax lien, this is in process of being recorded and updated. - Seller-02/11/2025 |
Resolved-Received evidence from title company, item #7 will be removed on the final title policy. - Due Diligence Vendor-02/11/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 Qualifying DTI below max allowed. - XXX %calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
XXX_email re tax lien.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 362259 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM8807 | 2025-02-06 13:39 | 2025-02-11 13:19 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Appraisal Acknowledgement | Resolved-Received Certified Secure Electronic Delivery form reflecting borrower downloaded Appraisal 12/12/2024. - Due Diligence Vendor-02/11/2025 Ready for Review-Document Uploaded. - Seller-02/11/2025 Open-Missing Appraisal Acknowledgement - Due Diligence Vendor-02/06/2025 |
Ready for Review-Document Uploaded. - Seller-02/11/2025 |
Resolved-Received Certified Secure Electronic Delivery form reflecting borrower downloaded Appraisal 12/12/2024. - Due Diligence Vendor-02/11/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 Qualifying DTI below max allowed. - XXX %calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
SureReceiptsCert-XXX-XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 331595 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE5790 | 2025-02-18 14:10 | 2025-03-03 16:16 | Resolved | 1 - Information | D | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Received UDM report dated after Note Date reflecting no new debt. - Due Diligence Vendor-03/03/2025 Ready for Review-Document Uploaded. - Seller-03/03/2025 Counter-Lender LOX received, however insufficient to clear condition. Still missing gap credit report within 15 days of the note date. - Due Diligence Vendor-02/27/2025 Ready for Review-Document Uploaded. - Seller-02/27/2025 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). Borrower 1 Gap Credit Report is Expired; per lender guidelines Gap/UDM date needs to be within 15 days of the note date. Gap date is XXX & UDM date is XXX & note date is XXX. - Due Diligence Vendor-02/18/2025 |
Ready for Review-Document Uploaded. - Seller-03/03/2025 Ready for Review-Document Uploaded. - Seller-02/27/2025 |
Resolved-Received UDM report dated after Note Date reflecting no new debt. - Due Diligence Vendor-03/03/2025 |
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 75% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
UW RESPONSE.pdf UW LOE RE UDM.pdf UDM REPORT XXX.pdf UDM REPORT XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 331595 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1317 | 2025-02-20 11:19 | 2025-02-27 17:19 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Borrower 1 Total Years Employment Verified is Less Than 24 Months | Resolved-Received previous VOE's to evidence 24-month job history. - Due Diligence Vendor-02/27/2025 Ready for Review-Document Uploaded. - Seller-02/27/2025 Open-Borrower 1 Total Years Employment Verified is Less Than 24 Months Missing verbal verification of employment for XXX in order to verify 2 years employment history per guidelines. - Due Diligence Vendor-02/20/2025 |
Ready for Review-Document Uploaded. - Seller-02/27/2025 |
Resolved-Received previous VOE's to evidence 24-month job history. - Due Diligence Vendor-02/27/2025 |
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 75% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
VOE - PREV.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 331595 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2025-02-20 11:13 | 2025-02-24 16:13 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Guideline Clarification received - 12-month housing history is met. - Due Diligence Vendor-02/24/2025 Ready for Review-Document Uploaded. Attached is the Investor email that was in the file. It clarifies housing history is met with VOM documentation in spouse’s name. We have 12 months documentation from the non-reporting lender. - Seller-02/24/2025 Open-Housing History Does Not Meet Guideline Requirements Housing history does not meet guideline requirements: Borrower is not on the mortgage statement or a party to the Note for the 1st & 2nd mortgage. Borrower does not have a repayment history and does not meet the 12 month housing history requirement. - Due Diligence Vendor-02/20/2025 |
Ready for Review-Document Uploaded. Attached is the Investor email that was in the file. It clarifies housing history is met with VOM documentation in spouse’s name. We have 12 months documentation from the non-reporting lender. - Seller-02/24/2025 |
Resolved-Guideline Clarification received - 12-month housing history is met. - Due Diligence Vendor-02/24/2025 |
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 75% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
EMAIL FROM INVESTOR RE HOUSING HISTORY.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 374062 | XXX | XXX | C | A | C | A | A | A | A | A | Closed | FCRE4963 | 2025-03-10 15:27 | 2025-03-20 15:20 | Resolved | 1 - Information | C | A | Credit | Debt | No evidence of required debt payoff | Resolved-Received remaining payoff statement which matches Final CD. - Due Diligence Vendor-03/20/2025 Ready for Review-Document Uploaded. - Seller-03/20/2025 Counter-Received payoff statements for XXX and XXX. Received screenshot of additional payoff, however Payee is not reflected. - Due Diligence Vendor-03/17/2025 Ready for Review-Document Uploaded. - Seller-03/17/2025 Open-Missing payoff statement for installment XXX #XXX, Deferred balance XXX #XXX and other liability XXX accommodation. - Due Diligence Vendor-03/10/2025 |
Ready for Review-Document Uploaded. - Seller-03/20/2025 Ready for Review-Document Uploaded. - Seller-03/17/2025 |
Resolved-Received remaining payoff statement which matches Final CD. - Due Diligence Vendor-03/20/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80% |
XXX_monthly_XXX.pdf XXX STATEMENT.pdf XXXSTATEMENT.pdf INVOICE - XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 310385 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM1003 | 2025-03-04 14:30 | 2025-03-07 13:48 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Grant/Warranty Deed is missing | Resolved-Received Joint Tenancy with Survivorship Warranty Deed and confirmed Vesting. - Due Diligence Vendor-03/07/2025 Ready for Review-Document Uploaded. - Seller-03/07/2025 Open-Missing Grant/Warranty Deed to confirm Vesting on Deed of Trust/Mortgage document in file. Title Report reflects Borrowers vested in Trust, however, Security Deed reflects Borrowers as individuals. Additional conditions may apply. - Due Diligence Vendor-03/04/2025 |
Ready for Review-Document Uploaded. - Seller-03/07/2025 |
Resolved-Received Joint Tenancy with Survivorship Warranty Deed and confirmed Vesting. - Due Diligence Vendor-03/07/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
GRANT-QUITCLAIM-INTERSPOUSAL DEED.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 310385 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM8807 | 2025-03-04 14:30 | 2025-03-07 13:46 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Appraisal Acknowledgement | Resolved-Received Certified Secure Electronic Delivery reflecting Borrower downloaded Appraisal 01/31/2025. - Due Diligence Vendor-03/07/2025 Ready for Review-Document Uploaded. - Seller-03/07/2025 Open- - Due Diligence Vendor-03/04/2025 |
Ready for Review-Document Uploaded. - Seller-03/07/2025 |
Resolved-Received Certified Secure Electronic Delivery reflecting Borrower downloaded Appraisal XXX. - Due Diligence Vendor-03/07/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
SureReceiptsCert-XXX-XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 318543 | XXX | XXX | C | A | C | A | A | A | A | A | Closed | FCRE1159 | 2025-02-25 15:42 | 2025-02-28 15:36 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Received HOI policy in effect at time of closing. - Due Diligence Vendor-02/28/2025 Ready for Review-Document Uploaded. - Seller-02/28/2025 Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX Missing copy of Current Hazard Insurance Policy in effect at time of closing, XXX. Subject transaction is a refinance, Renewal Policy submitted in file starting XXX. - Due Diligence Vendor-02/26/2025 |
Ready for Review-Document Uploaded. - Seller-02/28/2025 |
Resolved-Received HOI policy in effect at time of closing. - Due Diligence Vendor-02/28/2025 |
LTV is less than guideline maximum - XXX%% CLTV is XXX% less than maximum CLTV per guidelines 75% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 |
HAZARD INSURANCE.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 318543 | XXX | XXX | C | A | C | A | A | A | A | A | Closed | FCRE4963 | 2025-02-26 13:30 | 2025-02-27 17:42 | Resolved | 1 - Information | C | A | Credit | Debt | No evidence of required debt payoff | Resolved-Received Lender LOX - amount collected on Final CD is amount reflected on credit report. Account is less than 10 months remaining. - Due Diligence Vendor-02/27/2025 Ready for Review-Document Uploaded. - Seller-02/27/2025 Open-Missing payoff statement from XXX for Installment Loan to support payoff amount reflected on final CD. - Due Diligence Vendor-02/26/2025 |
Ready for Review-Document Uploaded. - Seller-02/27/2025 |
Resolved-Received Lender LOX - amount collected on Final CD is amount reflected on credit report. Account is less than 10 months remaining. - Due Diligence Vendor-02/27/2025 |
LTV is less than guideline maximum - XXX%% CLTV is XXX% less than maximum CLTV per guidelines 75% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 |
UW RESPONSE RE DEBT.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 341505 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE8611 | 2025-03-10 11:57 | 2025-03-18 16:22 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-Lender LOX received supporting rental income calculations. - Due Diligence Vendor-03/18/2025 Counter-Lender LOX received, however insufficient to clear condition. Missing evidence of receipt of most recent 2 months rent to meet XXX requirements due to lease amounts higher than Schedule E. - Due Diligence Vendor-03/12/2025 Ready for Review-Document Uploaded. - Seller-03/12/2025 Open-Missing supporting documentation per XXX Guidelines to use Lease Agreements for Rental Income calculation on Subject Property, the lender must provide an explanation and justification in the loan file. Subject Property is listed on Schedule E of Tax Returns, however, lender used Lease Agreements to calculate net rental income (loss). Subject to recalculation of DTI. - Due Diligence Vendor-03/10/2025 |
Ready for Review-Document Uploaded. - Seller-03/12/2025 |
Resolved-Lender LOX received supporting rental income calculations. - Due Diligence Vendor-03/18/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 | UW RESPONSE RE RENTAL INCOME.pdf UW RESPONSE.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 341505 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE1148 | 2025-03-07 09:35 | 2025-03-17 15:17 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received title supplement reflecting Loan Amount and Mortgagee. - Due Diligence Vendor-03/17/2025 Ready for Review-Document Uploaded. - Seller-03/17/2025 Open-Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien(s) of $XXX Missing Title Supplemental Report evidencing loan amount coverage and Mortgagee. - Due Diligence Vendor-03/07/2025 |
Ready for Review-Document Uploaded. - Seller-03/17/2025 |
Resolved-Received title supplement reflecting Loan Amount and Mortgagee. - Due Diligence Vendor-03/17/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 | UW RESPONSE.pdf XXX FTP supplement 1.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 341505 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE1159 | 2025-03-10 11:52 | 2025-03-17 09:15 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Received supporting evidence of sufficient HOI coverage. - Due Diligence Vendor-03/17/2025 Ready for Review-Document Uploaded. - Seller-03/14/2025 Counter-Received Lender LOX, however insufficient to clear condition. Still missing evidence provided policies encompass all units as only XXX and XXX are referenced on the policies. - Due Diligence Vendor-03/12/2025 Ready for Review-Document Uploaded. - Seller-03/12/2025 Open-Discrepancy in HOI Policy for units XXX & XXX. 2 different policies submitted for specific units from 2 different Insurance Companies. Cannot determine final hazard insurance policy for XXX & XXX. In addition, both polices are not effective until after the Note Date with no current policy submitted for a refinance transaction. Subject to recalculation of DTI once confirmation is received. - Due Diligence Vendor-03/10/2025 |
Ready for Review-Document Uploaded. - Seller-03/14/2025 Ready for Review-Document Uploaded. - Seller-03/12/2025 |
Resolved-Received supporting evidence of sufficient HOI coverage. - Due Diligence Vendor-03/17/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 | UW RESPONSE RE HOI POLICY.pdf HAZARD INSURANCE BEFORE FUNDING (26).pdf HAZARD INSURANCE AT DOCS (75).pdf GRANT-QUITCLAIM-INTERSPOUSAL DEED.pdf COST ESTIMATOR FOR HAZARD INSURANCE (13).pdf UW RESPONSE - RE INSURANCE.pdf COST ESTIMATOR FOR HAZARD INSURANCE (14).pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 341505 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCOM1003 | 2025-03-07 11:03 | 2025-03-12 11:14 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Grant/Warranty Deed is missing | Resolved-Received Grant Deed and Confirmed Vesting. - Due Diligence Vendor-03/12/2025 Ready for Review-Document Uploaded. - Seller-03/12/2025 Open-Missing Quit Claim/Grant Deed updating vesting and removing from Trust. - Due Diligence Vendor-03/07/2025 |
Ready for Review-Document Uploaded. - Seller-03/12/2025 |
Resolved-Received Grant Deed and Confirmed Vesting. - Due Diligence Vendor-03/12/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 | GRANT-QUITCLAIM-INTERSPOUSAL DEED.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 328294 | XXX | XXX | A | A | A | A | A | A | A | A | Closed | FSER1116 | 2025-02-21 11:25 | 2025-02-27 17:19 | Resolved | 1 - Information | A | A | Servicing | Additional Information | Title Insurance coverage is insufficient. Must provide policy with coverage equal to or greater than loan amount | Resolved-Received final title policy reflecting title coverage and mortgagee. - Due Diligence Vendor-02/27/2025 Ready for Review-Document Uploaded. - Seller-02/27/2025 Open-Missing Title Supplemental Report evidencing loan amount coverage and mortgagee. - Due Diligence Vendor-02/21/2025 |
Ready for Review-Document Uploaded. - Seller-02/27/2025 |
Resolved-Received final title policy reflecting title coverage and mortgagee. - Due Diligence Vendor-02/27/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% | XXX Final title.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 309900 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1365 | 2025-03-04 15:07 | 2025-03-25 15:55 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 IRS Transcripts Missing | Resolved-Received XXX W2 transcript for co-borrower. - Due Diligence Vendor-03/25/2025 Ready for Review-Document Uploaded. - Seller-03/25/2025 Open-Borrower 2 IRS Transcripts Missing Missing IRS W2 transcript for co-borrower. Documentation provided shows lender required to obtain borrower’s written permission through IRS, however, only the 4505-C IRS rejection notice was provided. - Due Diligence Vendor-03/04/2025 |
Ready for Review-Document Uploaded. - Seller-03/25/2025 |
Resolved-Received XXX W2 transcript for co-borrower. - Due Diligence Vendor-03/25/2025 |
LTV is less than guideline maximum - XXX%CLTV is XXX% less than maximum CLTV per guidelines 85% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. |
Internal Revenue Service W2 Transcripts.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | |
| XXX | 309900 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE8611 | 2025-03-04 17:18 | 2025-03-21 11:43 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-Lender commentary received - Lender agrees with TPR calculation. - Due Diligence Vendor-03/21/2025 Ready for Review-XXX UW agrees with your income calculation. - Seller-03/21/2025 Counter-Received lender income calculation worksheets. Re-calculated business earnings resulting in re-calculated DTI of XXX% versus lender calculated DTI of XXX%. Business earnings in XXX XXX statement ending XXX reflect ineligible $XXX deposit, however, lender entered as a $XXX deposit on lender worksheet. - Due Diligence Vendor-03/07/2025 Ready for Review-Document Uploaded. - Seller-03/07/2025 Open-Recalculated debt ratio of XXX% exceeds lender calculated debt ratio of XX% due to re-calculation of borrower's self-employment earnings with XXX. Lender used deposits from two separate bank accounts (XXX #XXX and XXX #XXX) and the income worksheet does not break out the individual qualifying deposits. Unable to determine eligibility of combined deposits. Subject to re-calculation of debt ratio upon receipt; additional condition may apply. - Due Diligence Vendor-03/04/2025 |
Ready for Review-XXX UW agrees with your income calculation. - Seller-03/21/2025 Ready for Review-Document Uploaded. - Seller-03/07/2025 |
Resolved-Lender commentary received - Lender agrees with TPR calculation. - Due Diligence Vendor-03/21/2025 |
LTV is less than guideline maximum - XXX%CLTV is XXX% less than maximum CLTV per guidelines 85% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. |
XXX XXX Income Calculation.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | |
| XXX | 309900 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FSER1214 | 2025-03-04 15:10 | 2025-03-07 14:36 | Resolved | 1 - Information | A | A | Servicing | Additional Information | Final URLA is not signed by all Borrowers | Resolved-Received final URLA signed by co-borrower. - Due Diligence Vendor-03/07/2025 Ready for Review-Document Uploaded. - Seller-03/07/2025 Open-Missing signature on final URLA dated XXX from Co-Borrower. - Due Diligence Vendor-03/04/2025 |
Ready for Review-Document Uploaded. - Seller-03/07/2025 |
Resolved-Received final URLA signed by co-borrower. - Due Diligence Vendor-03/07/2025 |
LTV is less than guideline maximum - XXX%CLTV is XXX% less than maximum CLTV per guidelines 85% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. |
FINAL 1003 - ALL PAGES.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | |
| XXX | 309900 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM8805 | 2025-03-04 19:53 | 2025-03-07 14:31 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-03/07/2025 Ready for Review-Document Uploaded. - Seller-03/07/2025 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-03/05/2025 |
Ready for Review-Document Uploaded. - Seller-03/07/2025 |
Resolved-Received borrower authorization. - Due Diligence Vendor-03/07/2025 |
LTV is less than guideline maximum - XXX%CLTV is XXX% less than maximum CLTV per guidelines 85% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. |
BORROWER'S CERTIFICATION, AUTHORIZATION AND CONSENT.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | |
| XXX | 309900 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM8807 | 2025-03-03 13:00 | 2025-03-07 13:50 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Appraisal Acknowledgement | Resolved-Received Certified Secure Electronic Delivery reflecting Borrower downloaded Appraisal XXX. - Due Diligence Vendor-03/07/2025 Ready for Review-Document Uploaded. - Seller-03/07/2025 Open- - Due Diligence Vendor-03/03/2025 |
Ready for Review-Document Uploaded. - Seller-03/07/2025 |
Resolved-Received Certified Secure Electronic Delivery reflecting Borrower downloaded Appraisal XXX. - Due Diligence Vendor-03/07/2025 |
LTV is less than guideline maximum - XXX%CLTV is XXX% less than maximum CLTV per guidelines 85% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. |
APPRAISAL DELIVERY.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | |
| XXX | 376863 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE9814 | 2025-02-24 12:06 | 2025-02-27 17:28 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Trust Agreement | Resolved-Received evidence of trust approval by the title company. - Due Diligence Vendor-02/27/2025 Ready for Review-Document Uploaded. - Seller-02/27/2025 Open-Recorded trust certificate in file is not sufficient; Per lender guidelines provide copy of Trust Agreement or Trust Certificate (where allowed by law) reviewed and approved by Title company. Title must not contain any title exceptions and offer full title protection without exception to the trust. - Due Diligence Vendor-02/24/2025 |
Ready for Review-Document Uploaded. - Seller-02/27/2025 |
Resolved-Received evidence of trust approval by the title company. - Due Diligence Vendor-02/27/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 LTV is less than guideline maximum - XXX%% LTV is XXX% less than maximum LTV per guidelines 85% |
TRUST APPROVED_XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 376863 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2025-02-21 15:59 | 2025-02-27 17:28 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received evidence of no HOA Dues for property located at XXX. - Due Diligence Vendor-02/27/2025 Ready for Review-Document Uploaded. No HOA dues for XXX. Attached proof that property type is not a condo or PUD. - Seller-02/27/2025 Open-Missing verification HOA fees for non-subject property 2nd home located at XXX. - Due Diligence Vendor-02/21/2025 |
Ready for Review-Document Uploaded. No HOA dues for XXX. Attached proof that property type is not a condo or PUD. - Seller-02/27/2025 |
Resolved-Received evidence of no HOA Dues for property located at XXX. - Due Diligence Vendor-02/27/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 LTV is less than guideline maximum - XXX%% LTV is XXX% less than maximum LTV per guidelines 85% |
Property Profile XXX.pdf XXX- Google Search.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 351869 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE6873 | 2025-02-18 14:22 | 2025-02-24 16:09 | Resolved | 1 - Information | C | A | Credit | Borrower | Fraud alert is present on the credit report | Resolved-Lender LOX received evidencing no active fraud alert present on credit report. - Due Diligence Vendor-02/24/2025 Ready for Review-Document Uploaded. - Seller-02/21/2025 Open-Fraud alert is present on the credit report and missing evidence borrowers are obtaining a mortgage loan with lender. - Due Diligence Vendor-02/18/2025 |
Ready for Review-Document Uploaded. - Seller-02/21/2025 |
Resolved-Lender LOX received evidencing no active fraud alert present on credit report. - Due Diligence Vendor-02/24/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% | UW RESPONSE.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 351869 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCOM8807 | 2025-02-14 10:26 | 2025-02-24 08:32 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Appraisal Acknowledgement | Resolved-Received Certified Secure Electronic delivery form reflecting borrower downloaded Appraisal XXX. - Due Diligence Vendor-02/24/2025 Ready for Review-Document Uploaded. - Seller-02/21/2025 Open-Missing Appraisal Acknowledgement - Due Diligence Vendor-02/14/2025 |
Ready for Review-Document Uploaded. - Seller-02/21/2025 |
Resolved-Received Certified Secure Electronic delivery form reflecting borrower downloaded Appraisal XXX. - Due Diligence Vendor-02/24/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% | SureReceiptsCert-XXX-XXX.pdf SureReceiptsCert-XXX-XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 341389 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCOM8807 | 2025-02-13 12:13 | 2025-02-21 14:29 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Appraisal Acknowledgement | Resolved-Received Certified Secure Electronic delivery form reflecting borrower downloaded Appraisal XXX. - Due Diligence Vendor-02/21/2025 Ready for Review-Document Uploaded. - Seller-02/21/2025 Open-Acknowledgment of Receipt of Appraisal Report is missing. - Due Diligence Vendor-02/13/2025 |
Ready for Review-Document Uploaded. - Seller-02/21/2025 |
Resolved-Received Certified Secure Electronic delivery form reflecting borrower downloaded Appraisal XXX. - Due Diligence Vendor-02/21/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% | SureReceiptsCert-XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 341389 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE1148 | 2025-02-13 10:42 | 2025-02-19 16:29 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received final title policy reflecting title coverage and mortgagee. - Due Diligence Vendor-02/19/2025 Ready for Review-Document Uploaded. - Seller-02/19/2025 Open-Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien(s) of $XXX Missing title supplemental report to evidence loan amount coverage and mortgagee. - Due Diligence Vendor-02/13/2025 |
Ready for Review-Document Uploaded. - Seller-02/19/2025 |
Resolved-Received final title policy reflecting title coverage and mortgagee. - Due Diligence Vendor-02/19/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% | final title policy.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 362701 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE1204 | 2025-03-21 12:49 | 2025-03-24 16:41 | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received cleared fraud report and 1008 addressing high alert items. - Due Diligence Vendor-03/24/2025 Ready for Review-Document Uploaded. - Seller-03/24/2025 Open-Fraud Report Shows Uncleared Alerts Missing documentation to support lender addressed the open high impact alert items on the fraud report. - Due Diligence Vendor-03/21/2025 |
Ready for Review-Document Uploaded. - Seller-03/24/2025 |
Resolved-Received cleared fraud report and 1008 addressing high alert items. - Due Diligence Vendor-03/24/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80.00% | FRAUD GUARD (1).pdf 1008 with UW commentary.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 362701 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCOM8807 | 2025-03-21 12:20 | 2025-03-24 16:35 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Appraisal Acknowledgement | Resolved-Received Certified Secure Electronic delivery form reflecting borrower downloaded Appraisal 03/06/2025. - Due Diligence Vendor-03/24/2025 Ready for Review-Document Uploaded. - Seller-03/24/2025 Open- - Due Diligence Vendor-03/21/2025 |
Ready for Review-Document Uploaded. - Seller-03/24/2025 |
Resolved-Received Certified Secure Electronic delivery form reflecting borrower downloaded Appraisal XXX. - Due Diligence Vendor-03/24/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 80.00% | SureReceiptsCert-XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 310878 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE2109 | 2025-03-28 18:02 | 2025-04-07 16:51 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Received Lender income calculation worksheet. - Due Diligence Vendor-04/07/2025 Ready for Review-Document Uploaded. - Seller-04/07/2025 Open-Missing lender rental income calculation worksheet. - Due Diligence Vendor-04/02/2025 Open- - Due Diligence Vendor-03/28/2025 |
Ready for Review-Document Uploaded. - Seller-04/07/2025 |
Resolved-Received Lender income calculation worksheet. - Due Diligence Vendor-04/07/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 | RENTAL INCOME- XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 392331 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE1441 | 2025-04-03 13:11 | 2025-04-17 13:38 | Resolved | 1 - Information | C | A | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Resolved-Received supporting documentation account will be removed from credit as it was not the borrowers. - Due Diligence Vendor-04/17/2025 Ready for Review-Document Uploaded. - Seller-04/16/2025 Open-Delinquent Credit History Does Not Meet Guideline Requirements Missing documentation to support borrower's repayment of XXX XXX. Credit Report reflects Charge-Off Account and per guidelines, charge off items must be paid when balance exceeds $XXX. Attorney Letter received, however, credit report reflects previously in dispute, now resolved with a balance of $XXX and payment of $XXX. Missing evidence of monthly payments due, otherwise the full balance to must be paid per guidelines. - Due Diligence Vendor-04/16/2025 |
Ready for Review-Document Uploaded. - Seller-04/16/2025 |
Resolved-Received supporting documentation account will be removed from credit as it was not the borrowers. - Due Diligence Vendor-04/17/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 70% | UW RESPONSE RE XXX.pdf CHARGE OFF XXX ACCT LETTER.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 392331 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCOM3075 | 2025-04-16 11:27 | 2025-04-17 09:56 | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing US Patriot Act Information Form | Resolved-Received Renewed Driver's License that matches Customer Identification Verification. - Due Diligence Vendor-04/17/2025 Ready for Review-Document Uploaded. - Seller-04/16/2025 Open-Missing Signed USA Patriot Act Information Form with Customer Identification Verification Patriot Act verification does not match the provided Driver's License. Copy of Driver License provided is expired. Missing documentation to support borrower's Drivers License is active. - Due Diligence Vendor-04/16/2025 |
Ready for Review-Document Uploaded. - Seller-04/16/2025 |
Resolved-Received Renewed Driver's License that matches Customer Identification Verification. - Due Diligence Vendor-04/17/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 70% | RENEWAL OF DL.XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 392331 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCOM8807 | 2025-04-03 16:07 | 2025-04-17 09:53 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Appraisal Acknowledgement | Resolved-Received Certified Secure Electronic Delivery Receipt for Appraisal Report. - Due Diligence Vendor-04/17/2025 Ready for Review-Document Uploaded. - Seller-04/16/2025 Open- - Due Diligence Vendor-04/03/2025 |
Ready for Review-Document Uploaded. - Seller-04/16/2025 |
Resolved-Received Certified Secure Electronic Delivery Receipt for Appraisal Report. - Due Diligence Vendor-04/17/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 70% | SureReceiptsCert-XXX-XXX.pdf SureReceiptsCert-XXX-XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 358856 | XXX | XXX | D | B | C | B | D | A | A | A | Closed | FCRE1441 | 2025-03-25 16:23 | 2025-04-28 14:52 | Acknowledged | 2 - Non-Material | C | B | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-04/28/2025 Ready for Review-Document Uploaded. Please see attached email approval from XXX. Additionally, the previous documents provided should be enough to clear that it's current. - Seller-04/28/2025 Counter-Received Lender internal exception waiver, however missing investor approval. - Due Diligence Vendor-04/24/2025 Ready for Review-Document Uploaded. - Seller-04/24/2025 Counter-Received borrower LOX and evidence of 4 months payments, however insufficient to clear condition as bank statements do not reflect account ownership. Additionally, missing terms of account with XXX to verify Due Date and Payment Amount. - Due Diligence Vendor-04/15/2025 Ready for Review-Document Uploaded. - Seller-04/15/2025 Open-Delinquent Credit History Does Not Meet Guideline Requirements Per GAP Report dated XXX, XXX Acct #XXX is not current and is 30 days late. Per guidelines, all tradelines must be current at time of closing. - Due Diligence Vendor-03/25/2025 |
Ready for Review-Document Uploaded. Please see attached email approval from XXX. Additionally, the previous documents provided should be enough to clear that it's current. - Seller-04/28/2025 Ready for Review-Document Uploaded. - Seller-04/24/2025 Ready for Review-Document Uploaded. - Seller-04/15/2025 |
Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-04/28/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. | 1) XXX FICO is greater than 720 minimum. | XXX XXX.pdf XXX XXX.pdf XXX XXX.pdf XXX XXX.pdf XXX.pdf XXX EXCEPTION.pdf RE_ XXX XXX - Exception Request - XXX - Outlook.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | Originator Post-Close | Yes |
| XXX | 358856 | XXX | XXX | D | B | C | B | D | A | A | A | Closed | FCOM8807 | 2025-03-24 12:58 | 2025-03-28 09:02 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Appraisal Acknowledgement | Resolved-Received Certified Secure Delivery form reflecting Borrower downloaded Appraisal 02/17/2025. - Due Diligence Vendor-03/28/2025 Ready for Review-Document Uploaded. - Seller-03/27/2025 Open-Missing Appraisal Acknowledgement from the file. - Due Diligence Vendor-03/24/2025 |
Ready for Review-Document Uploaded. - Seller-03/27/2025 |
Resolved-Received Certified Secure Delivery form reflecting Borrower downloaded Appraisal XXX. - Due Diligence Vendor-03/28/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. | APPRAISAL ACKNOWLEDGEMENT RECEIPT.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 358856 | XXX | XXX | D | B | C | B | D | A | A | A | Closed | FCOM1252 | 2025-03-24 12:38 | 2025-03-28 09:00 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | TRID: Missing Loan Estimate | Resolved-Received Initial Loan Estimate dated XXX. Compliance Testing revealed no adverse findings. - Due Diligence Vendor-03/28/2025 Ready for Review-Document Uploaded. - Seller-03/27/2025 Open-It appears we may be missing the Initial Loan Estimate. The earliest Loan Estimate in file is dated XXX, however, the Intent to Proceed is eSigned XXX which results in the below regulation violation as the Intent to Proceed should never be acknowledged before receipt of Initial Loan Estimate. The date the consumer indicated an intent to proceed with a transaction (XXX) is before the date the consumer received the Loan Estimate (XXX). A consumer cannot indicate an intent to proceed with a transaction until it receives the Loan Estimate. Under Regulation Z, neither a creditor nor any other person may impose a fee, other than a credit report fee, before the consumer has received the Loan Estimate and indicated to the creditor an intent to proceed with the transaction described by the Loan Estimate. (12 CFR 1026.19(e)(2)(i)(A)) - Due Diligence Vendor-03/24/2025 |
Ready for Review-Document Uploaded. - Seller-03/27/2025 |
Resolved-Received Initial Loan Estimate dated XXX. Compliance Testing revealed no adverse findings. - Due Diligence Vendor-03/28/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720. | INITIAL LE XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 303094 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCOM8807 | 2025-04-08 11:30 | 2025-04-11 15:01 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Appraisal Acknowledgement | Resolved-Received Electronic Delivery Receipt for Appraisal. - Due Diligence Vendor-04/11/2025 Ready for Review-Document Uploaded. - Seller-04/11/2025 Open- - Due Diligence Vendor-04/08/2025 |
Ready for Review-Document Uploaded. - Seller-04/11/2025 |
Resolved-Received Electronic Delivery Receipt for Appraisal. - Due Diligence Vendor-04/11/2025 |
LTV is less than guideline maximum - XXX%C LTV is XXX% less than maximum CLTV per guidelines 85.00% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
SureReceiptsCert-XXX-XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 303094 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCOM1000 | 2025-04-08 11:34 | 2025-04-11 15:00 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Electronic Consent / eSign Form is Missing | Resolved-Received eSign Disclosure and Consent. - Due Diligence Vendor-04/11/2025 Ready for Review-Document Uploaded. - Seller-04/11/2025 Open-Missing Electronic Consent/eSign Form completed prior to earliest eSign event for Borrower XXX. - Due Diligence Vendor-04/08/2025 |
Ready for Review-Document Uploaded. - Seller-04/11/2025 |
Resolved-Received eSign Disclosure and Consent. - Due Diligence Vendor-04/11/2025 |
LTV is less than guideline maximum - XXX%C LTV is XXX% less than maximum CLTV per guidelines 85.00% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
E-SIGN DISCLOSURE AND CONSENT ESIGNED.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 303094 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE8611 | 2025-04-08 17:49 | 2025-04-11 14:59 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-Received supporting documentation of business ownership. - Due Diligence Vendor-04/11/2025 Ready for Review-Document Uploaded. - Seller-04/11/2025 Open-Missing documentation to support ownership of business entity: XXX. Rental income was considered based on LLC ownership of the following properties: (1) XXX; (2) XXX; (3) XXX; (4) XXX. - Due Diligence Vendor-04/08/2025 |
Ready for Review-Document Uploaded. - Seller-04/11/2025 |
Resolved-Received supporting documentation of business ownership. - Due Diligence Vendor-04/11/2025 |
LTV is less than guideline maximum - XXX%C LTV is XXX% less than maximum CLTV per guidelines 85.00% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
UW RESPONSE.pdf XXX OPERATING AGREEMENT.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 303094 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE1204 | 2025-04-08 16:41 | 2025-04-11 14:58 | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received Cleared fraud report and supporting explanations for clearance of high alert items. - Due Diligence Vendor-04/11/2025 Ready for Review-Document Uploaded. - Seller-04/11/2025 Open-Fraud Report Shows Uncleared Alerts Missing documentation to support the lender addressed the high risk items reflected on the fraud report. - Due Diligence Vendor-04/08/2025 |
Ready for Review-Document Uploaded. - Seller-04/11/2025 |
Resolved-Received Cleared fraud report and supporting explanations for clearance of high alert items. - Due Diligence Vendor-04/11/2025 |
LTV is less than guideline maximum - XXX%C LTV is XXX% less than maximum CLTV per guidelines 85.00% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
Revised 1008 with UW commentary.pdf FRAUD GUARD.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 306308 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE3091 | 2025-03-26 11:13 | 2025-04-01 21:10 | Resolved | 1 - Information | C | A | Credit | Insurance | HO6 or Master Policy Expiration Date is Prior To the Transaction Date | Resolved-Received updated policy. - Due Diligence Vendor-04/02/2025 Ready for Review-Document Uploaded. - Seller-04/01/2025 Open-Master Policy Expiration Date of XXX is Prior To the Transaction Date of XXX Missing updated master policy, one in file expired XXX. - Due Diligence Vendor-03/27/2025 |
Ready for Review-Document Uploaded. - Seller-04/01/2025 |
Resolved-Received updated policy. - Due Diligence Vendor-04/02/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 | EOI Master XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 306308 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE4963 | 2025-03-27 12:06 | 2025-04-01 21:04 | Resolved | 1 - Information | C | A | Credit | Debt | No evidence of required debt payoff | Resolved-Received payoff statement. - Due Diligence Vendor-04/02/2025 Ready for Review-Document Uploaded. - Seller-04/01/2025 Open-Missing payoff letter for XXX #XXX $XXX. - Due Diligence Vendor-03/27/2025 |
Ready for Review-Document Uploaded. - Seller-04/01/2025 |
Resolved-Received payoff statement. - Due Diligence Vendor-04/02/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 | PAYOFF STATEMENT.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 306308 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE2109 | 2025-03-25 23:02 | 2025-04-01 21:01 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Received. - Due Diligence Vendor-04/02/2025 Ready for Review-Document Uploaded. - Seller-04/01/2025 Open- - Due Diligence Vendor-03/26/2025 Open- - Due Diligence Vendor-03/26/2025 |
Ready for Review-Document Uploaded. - Seller-04/01/2025 |
Resolved-Received. - Due Diligence Vendor-04/02/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 | XXX - income calculation.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 306308 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM8807 | 2025-03-26 13:51 | 2025-04-01 16:01 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Appraisal Acknowledgement | Resolved-Received XXX that reflects Borrower received Appraisal Report on XXX. - Due Diligence Vendor-04/01/2025 Ready for Review-Document Uploaded. - Seller-04/01/2025 Open-Missing Appraisal Acknowledgement from the file. - Due Diligence Vendor-03/26/2025 |
Ready for Review-Document Uploaded. - Seller-04/01/2025 |
Resolved-Received SureReceipt that reflects Borrower received Appraisal Report on XXX. - Due Diligence Vendor-04/01/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 | SureReceiptsCert-XXX-XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 360737 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE8611 | 2025-04-21 19:32 | 2025-04-24 17:00 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-received updated 1008 and lender explanation. 20% expense factor applied - earnings recalculated. Resolved. - Due Diligence Vendor-04/24/2025 Ready for Review-Document Uploaded. - Seller-04/23/2025 Open-Re-calculated XXX% debt ratio is greater than lenders calculated XXX% debt ratio. Loan qualified under P&L only program. Minimum expense ration for service based business is 20%. Profit and Loss provided supports an expense ration of XXX%. Re-calculated earnings using 20% expense ratio results in Net monthly earnings of $XXX. Total debt $XXX ($XXX combined PITIA) + consumer $XXX + combined REO losses $XXX) vs $XXX (earnings) = XXX% DTI. - Due Diligence Vendor-04/21/2025 |
Ready for Review-Document Uploaded. - Seller-04/23/2025 |
Resolved-received updated 1008 and lender explanation. 20% expense factor applied - earnings recalculated. Resolved. - Due Diligence Vendor-04/24/2025 |
UW RESPONSE -.pdf INCOME WORKSHEET XXX.pdf 1008 XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 360737 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCOM8807 | 2025-04-10 11:17 | 2025-04-23 17:28 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Appraisal Acknowledgement | Resolved-Received Certified Secure Electronic Delivery Receipt of Appraisal/Valuation Report. - Due Diligence Vendor-04/23/2025 Ready for Review-Document Uploaded. - Seller-04/23/2025 Open-Missing Appraisal Acknowledgement from file. - Due Diligence Vendor-04/10/2025 |
Ready for Review-Document Uploaded. - Seller-04/23/2025 |
Resolved-Received Certified Secure Electronic Delivery Receipt of Appraisal/Valuation Report. - Due Diligence Vendor-04/23/2025 |
SureReceiptsCert-XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||
| XXX | 316946 | XXX | XXX | C | B | C | B | A | A | A | A | Closed | FCRE8611 | 2025-05-17 11:11 | 2025-06-04 14:22 | Acknowledged | 2 - Non-Material | C | B | Credit | Income/Employment | Income/Employment General | Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-06/04/2025 Ready for Review-Document Uploaded. - Due Diligence Vendor-06/04/2025 Counter-Received lenders internal exception waiver form, however missing investor approval. - Due Diligence Vendor-06/04/2025 Ready for Review-Document Uploaded. - Seller-06/03/2025 Counter-Lender LOX received, however insufficient to clear condition as Section 8.8.2 of guidelines reflects Construction as a Product Business. - Due Diligence Vendor-05/21/2025 Ready for Review-Document Uploaded. - Seller-05/21/2025 Open-Per guidelines, 40% Expense Factor is to be used for a Product Business. Borrower's Business is a Construction Business which is in the parameters of a Product Business per guidelines. Lender calculated Income with a 20% Exepnse Factor. Missing supporting documentation a 20% Expense Factor is allowable for a Product Business. - Due Diligence Vendor-05/17/2025 |
Ready for Review-Document Uploaded. - Seller-06/03/2025 Ready for Review-Document Uploaded. - Seller-05/21/2025 |
Acknowledged-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-06/04/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 | 1) XXX FICO is greater than 720 minimum 2) S/E for XXX years |
UW RESPONSE.pdf EXCEPTION FORM.pdf XXX Email - XXX_Expense Factor.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes |
| XXX | 316946 | XXX | XXX | C | B | C | B | A | A | A | A | Closed | FCRE1193 | 2025-05-17 11:07 | 2025-06-04 14:20 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-06/04/2025 Ready for Review-Document Uploaded. - Due Diligence Vendor-06/04/2025 Counter-Received lenders internal exception waiver form, however missing investor approval. - Due Diligence Vendor-06/04/2025 Ready for Review-Document Uploaded. - Seller-06/03/2025 Counter-Lender LOX received, however insufficient to clear condition as Section 8.8.2 of guidelines reflects Construction as a Product Business. - Due Diligence Vendor-05/21/2025 Ready for Review-Document Uploaded. - Seller-05/21/2025 Open-Audited DTI of XXX% exceeds Guideline DTI of 50% Due P&L Income inaccurately calculated. Per guidelines, 40% Expense Factor is to be used for a Product Business. Borrower's Business is a Construction Business which is in the parameters of a Product Business per guidelines. - Due Diligence Vendor-05/17/2025 |
Ready for Review-Document Uploaded. - Seller-06/03/2025 Ready for Review-Document Uploaded. - Seller-05/21/2025 |
Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-06/04/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 | UW RESPONSE.pdf EXCEPTION FORM.pdf XXX Email - XXX_Expense Factor.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 316946 | XXX | XXX | C | B | C | B | A | A | A | A | Closed | FCRE1148 | 2025-05-13 16:12 | 2025-05-21 12:01 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received final title policy reflecting correct title coverage and Mortgagee. - Due Diligence Vendor-05/21/2025 Ready for Review-Document Uploaded. - Seller-05/21/2025 Open-Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien(s) of $XXX Missing Title Supplemental report reflecting Loan Amount Coverage of $XXX and Mortgagee listed. - Due Diligence Vendor-05/14/2025 |
Ready for Review-Document Uploaded. - Seller-05/21/2025 |
Resolved-Received final title policy reflecting correct title coverage and Mortgagee. - Due Diligence Vendor-05/21/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 | XXX final title.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 366910 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1158 | 2025-05-09 11:41 | 2025-05-13 17:04 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received HOI reflecting 2nd Mortgagee. - Due Diligence Vendor-05/13/2025 Ready for Review-Document Uploaded. - Seller-05/13/2025 Open-Missing 2nd Mortgagee information on the HOI Provided, this is 2nd lien loan. - Due Diligence Vendor-05/09/2025 |
Ready for Review-Document Uploaded. - Seller-05/13/2025 |
Resolved-Received HOI reflecting 2nd Mortgagee. - Due Diligence Vendor-05/13/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 85% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 |
UPDATED EOI AT FUNDING.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 331688 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM8807 | 2025-04-23 11:16 | 2025-04-28 12:09 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Appraisal Acknowledgement | Resolved-Received Certified Secure Electronic Delivery of Appraisal/Valuation Report. - Due Diligence Vendor-04/28/2025 Ready for Review-Document Uploaded. - Seller-04/28/2025 Open- - Due Diligence Vendor-04/23/2025 |
Ready for Review-Document Uploaded. - Seller-04/28/2025 |
Resolved-Received Certified Secure Electronic Delivery of Appraisal/Valuation Report. - Due Diligence Vendor-04/28/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum LTV per guidelines 90% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
SureReceiptsCert-XXX-XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 363968 | XXX | XXX | C | A | C | A | B | A | A | A | Closed | FCRE1499 | 2025-03-28 11:53 | 2025-04-04 13:49 | Resolved | 1 - Information | C | A | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Resolved-Total Qualified Assets for Reserves Post-Close of $XXX is equal to or greater than Total Required Reserve Amount of $0 - Due Diligence Vendor-04/04/2025 Resolved-Cash Out can now be used for required reserves for OPEN XXX accounts. - Due Diligence Vendor-04/04/2025 Ready for Review-Document Uploaded. - Seller-04/04/2025 Counter-Received confirmation from XXX stating cash proceeds are not eligible for reserves to cover open XXX balances. Confirmation of borrower assets are required. - Due Diligence Vendor-04/02/2025 Ready for Review-per XXX UW: XXX CES guides do not state cash out proceeds cannot be used to meet reserves for the XXX account. Can we have a copy of the CES guideline that states this? Thanks XXX Underwriter (Agency/Jumbo/Non-QM)XXX - Seller-04/01/2025 Open-Total Qualified Assets for Reserves Post-Close of $-XXX is less than Total Required Reserve Amount of $0 Missing Asset Statement for $XXX reserves required for 30 Day Open XXX Acct #XXX. Per XXX, Cash Out proceeds cannot be used for reserves. - Due Diligence Vendor-03/28/2025 |
Ready for Review-Document Uploaded. - Seller-04/04/2025 Ready for Review-per XXX UW: XXX CES guides do not state cash out proceeds cannot be used to meet reserves for the XXX account. Can we have a copy of the CES guideline that states this? Thanks XXX Underwriter (Agency/Jumbo/Non-QM)XXX - Seller-04/01/2025 |
Resolved-Total Qualified Assets for Reserves Post-Close of $XXX is equal to or greater than Total Required Reserve Amount of $0 - Due Diligence Vendor-04/04/2025 Resolved-Cash Out can now be used for required reserves for OPEN XXX accounts. - Due Diligence Vendor-04/04/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
UW RESPONSE.pdf XXX XXX_1008 with XXX in DTI.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 363968 | XXX | XXX | C | A | C | A | B | A | A | A | Closed | FCOM9963 | 2025-03-25 12:02 | 2025-03-31 11:29 | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing Right to Receive Appraisal | Resolved-Received Notice to Applicant of Right to Receive Copy of Appraisal Report. - Due Diligence Vendor-03/31/2025 Ready for Review-Document Uploaded. - Seller-03/31/2025 Open-Missing Notice of Right to Receive Copy of Written Appraisal. - Due Diligence Vendor-03/25/2025 |
Ready for Review-Document Uploaded. - Seller-03/31/2025 |
Resolved-Received Notice to Applicant of Right to Receive Copy of Appraisal Report. - Due Diligence Vendor-03/31/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
NOTICE TO APPLICANT OF RIGHT TO RECEIVE COPY OF APPRAISAL REPORT.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 306543 | XXX | XXX | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2025-04-02 22:56 | 2025-04-07 16:12 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received 1st lien note for property located at XXX. - Due Diligence Vendor-04/07/2025 Ready for Review-Document Uploaded. - Seller-04/07/2025 Open-Housing History Does Not Meet Guideline Requirements Missing copy of Note / mortgage statement for new loan with XXX/XXX/XXX in the amount of $XXX for property at XXX. Tax and Hazard documentation provided only. Unable to confirm lender's value of $XXX. Subject to re-qualification of debt ratio upon receipt. - Due Diligence Vendor-04/05/2025 |
Ready for Review-Document Uploaded. - Seller-04/07/2025 |
Resolved-Received 1st lien note for property located at XXX. - Due Diligence Vendor-04/07/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 45.00% | NOTE FOR XXX PROPERTY.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 306543 | XXX | XXX | C | A | C | A | A | A | A | A | Closed | FCRE1648 | 2025-04-02 22:35 | 2025-04-07 16:10 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing copy of senior lien Note or Mortgage statement to determine senior lien eligibility | Resolved-Received 1st lien note for subject property. - Due Diligence Vendor-04/07/2025 Ready for Review-Document Uploaded. - Seller-04/07/2025 Open-Missing copy of senior lien Note or Mortgage statement to determine senior lien eligibility Mortgage statement provided reflects interest only payment. Missing Note to determine senior lien qualifying payment. Subject to re-calculation of debt ratio upon receipt. - Due Diligence Vendor-04/05/2025 |
Ready for Review-Document Uploaded. - Seller-04/07/2025 |
Resolved-Received 1st lien note for subject property. - Due Diligence Vendor-04/07/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 45.00% | XXX XXX NOTE -.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 345454 | XXX | XXX | D | A | D | A | D | A | D | A | Closed | FCRE1342 | 2025-04-07 15:36 | 2025-06-12 13:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-06/12/2025 Resolved-Received XXX bank statement for XXX - Due Diligence Vendor-04/14/2025 Ready for Review-Document Uploaded. - Seller-04/14/2025 Open-Missing the XXX statement for business of XXX - Due Diligence Vendor-04/07/2025 |
Ready for Review-Document Uploaded. - Seller-04/14/2025 |
Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-06/12/2025 Resolved-Received XXX bank statement for XXX - Due Diligence Vendor-04/14/2025 |
Qualifying DTI below max allowed. - XXX calculated DTI is XXX percent below the maximum DTI per guidelines of 50 | BUSINESS BANK STATEMENTS XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 345454 | XXX | XXX | D | A | D | A | D | A | D | A | Closed | FCOM1262 | 2025-04-03 12:02 | 2025-04-28 08:52 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Right of Rescission is Missing | Resolved- - Due Diligence Vendor-04/28/2025 Ready for Review-Document Uploaded. - Seller-04/25/2025 Open-Right of Rescission is Missing The Notice of Right to Cancel was not completed properly. Property held in Trust, however, Right of Rescission was signed by borrower as Individual only and not executed as Trustee. Need re-opened rescission extended to Trustee, with rescission period beginning on date of receipt. The rescission period is to be three business days (not including Sundays or Federal holidays), and proof of receipt is to also be provided. - Due Diligence Vendor-04/03/2025 |
Ready for Review-Document Uploaded. - Seller-04/25/2025 |
Qualifying DTI below max allowed. - XXX calculated DTI is XXX percent below the maximum DTI per guidelines of 50 | Received Notice of Right to Cancel signed by Borrower as both Individual and Trustee. | EMAIL RE NRTC.pdf LOE TO BORROWER.pdf NEW NRTC.pdf EMAIL FROM BROKER WITH SIGNED NRTC.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 345454 | XXX | XXX | D | A | D | A | D | A | D | A | Closed | FVAL8506 | 2025-04-07 15:37 | 2025-04-24 16:25 | Resolved | 1 - Information | D | A | Property | Missing Doc | Missing Private Road Maintenance Agreement | Resolved-Private Road maintained by HOA per appraisal. - Due Diligence Vendor-04/24/2025 Open-Missing Private Road Maintenance Agreement. - Due Diligence Vendor-04/07/2025 |
Resolved-Private Road maintained by HOA per appraisal. - Due Diligence Vendor-04/24/2025 |
Qualifying DTI below max allowed. - XXX calculated DTI is XXX percent below the maximum DTI per guidelines of 50 | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| XXX | 321841 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1333 | 2025-04-28 19:10 | 2025-05-02 16:08 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 WVOE Missing | Resolved-Received Lender LOX - income supported. - Due Diligence Vendor-05/02/2025 Ready for Review-Document Uploaded. - Due Diligence Vendor-05/02/2025 Counter-Received Lender LOX, however insufficient to clear condition as guidelines point to XXX for variable hours/earnings in which a WVOE is required. DTI is XXX% currently. - Due Diligence Vendor-04/30/2025 Ready for Review-Document Uploaded. - Seller-04/30/2025 Open-Per paystub borrower hours are variable. Missing VOE to support average weekly hours worked. Paystubs provided show range from 31 to 39 hours. Unable to support prior year average (from W2) without VOE documentation. Subject to re-calculation of debt ratio upon receipt. - Due Diligence Vendor-04/28/2025 |
Ready for Review-Document Uploaded. - Seller-04/30/2025 |
Resolved-Received Lender LOX - income supported. - Due Diligence Vendor-05/02/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
UW RESPONSE.pdf XXX Email.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 321841 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2025-04-28 12:50 | 2025-05-02 13:11 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received supporting evidence of PITIA for non-subject property XXX. - Due Diligence Vendor-05/02/2025 Ready for Review-Document Uploaded. - Seller-05/02/2025 Counter-Received Final CD and HOI for non-subject property "XXX. Missing evidence of tax calculation as Final CD is insufficient to support tax amount. - Due Diligence Vendor-04/30/2025 Ready for Review-Document Uploaded. - Seller-04/30/2025 Open-Missing verification of taxes, or HOA fees if any for non-subject property "XXX". Subject to re-calculation of debt ratio upon receipt. - Due Diligence Vendor-04/28/2025 |
Ready for Review-Document Uploaded. - Seller-05/02/2025 Ready for Review-Document Uploaded. - Seller-04/30/2025 |
Resolved-Received supporting evidence of PITIA for non-subject property XXX. - Due Diligence Vendor-05/02/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
1008 FOR XXX.pdf HOI-XXX.pdf FINAL CD - XXX.pdf TAX - XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 321841 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1158 | 2025-04-28 19:41 | 2025-04-30 16:08 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received XXX Fair Plan policy. - Due Diligence Vendor-04/30/2025 Ready for Review-Document Uploaded. - Seller-04/30/2025 Open-Missing copy of final XXX Fair Plan coverage. Closing disclosures provided reflect two different premium amounts of $XXX and $XXX. Subject to re-calculation of debt ratio upon receipt. - Due Diligence Vendor-04/28/2025 |
Ready for Review-Document Uploaded. - Seller-04/30/2025 |
Resolved-Received XXX Fair Plan policy. - Due Diligence Vendor-04/30/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
HAZARD INSURANCE AT DOCS.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 321841 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE4805 | 2025-04-28 19:50 | 2025-04-30 15:30 | Resolved | 1 - Information | C | A | Credit | Eligibility | Trust/POA Does Not Meet Guideline Requirements | Resolved-Received title company confirmation of trust review and approval. - Due Diligence Vendor-04/30/2025 Ready for Review-Document Uploaded. - Seller-04/30/2025 Open-Copy of the The XXX Trust, dated XXX was provided however, missing evidence the trust was reviewed and approved by the title company (per guideline and title item #12) - Due Diligence Vendor-04/28/2025 |
Ready for Review-Document Uploaded. - Seller-04/30/2025 |
Resolved-Received title company confirmation of trust review and approval. - Due Diligence Vendor-04/30/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% |
TITLE APPROVAL OF TRUST.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 378039 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1158 | 2025-04-15 10:53 | 2025-04-16 11:06 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received HOI policy in effect at time of closing. - Due Diligence Vendor-04/16/2025 Ready for Review-Document Uploaded. - Seller-04/15/2025 Open-Missing hazard insurance reflecting subject property of XXX Hazard insurance policy in file reflects XXX. - Due Diligence Vendor-04/15/2025 |
Ready for Review-Document Uploaded. - Seller-04/15/2025 |
Resolved-Received HOI policy in effect at time of closing. - Due Diligence Vendor-04/16/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%. |
HAZARD INSURANCE BEFORE FUNDING.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | |
| XXX | 386333 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM8807 | 2025-04-29 11:32 | 2025-05-09 14:52 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Appraisal Acknowledgement | Resolved-Received Certified Secure Electronic Delivery of Appraisal/Valuation Report. - Due Diligence Vendor-05/09/2025 Ready for Review-Document Uploaded. hi I uploaded the wrong doc previously. attached is the proof of appraisal delivery of the original appraisal. - Seller-05/09/2025 Counter-Received Appraisal dated XXX, however, need Acknowledgement of Receipt of Appraisal Report. - Due Diligence Vendor-05/09/2025 Ready for Review-Document Uploaded. Appraiser has noted ‘owned solar’ in addendum- per borrower LOE. see attached revised appraisal - Seller-05/08/2025 Open- - Due Diligence Vendor-04/29/2025 |
Ready for Review-Document Uploaded. hi I uploaded the wrong doc previously. attached is the proof of appraisal delivery of the original appraisal. - Seller-05/09/2025 Ready for Review-Document Uploaded. Appraiser has noted ‘owned solar’ in addendum- per borrower LOE. see attached revised appraisal - Seller-05/08/2025 |
Resolved-Received Certified Secure Electronic Delivery of Appraisal/Valuation Report. - Due Diligence Vendor-05/09/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum LTV per guidelines 80% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
XXX-Revised appraisl with comment on solar.pdf XXX_XXX_proof of appraisal delivery.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 386333 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE7347 | 2025-05-01 13:00 | 2025-05-09 09:08 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Received revised appraisal report reflecting solar panels are owned. No solar liens on title or credit report. - Due Diligence Vendor-05/09/2025 Ready for Review-Document Uploaded. Appraiser has noted ‘owned solar’ in addendum- per borrower LOE. see attached revised appraisal - Seller-05/08/2025 Open-Missing solar purchase/lease agreement as per appraisal borrower has solar panels. Subject to recalculation of DTI upon receipt. - Due Diligence Vendor-05/01/2025 |
Ready for Review-Document Uploaded. Appraiser has noted ‘owned solar’ in addendum- per borrower LOE. see attached revised appraisal - Seller-05/08/2025 |
Resolved-Received revised appraisal report reflecting solar panels are owned. No solar liens on title or credit report. - Due Diligence Vendor-05/09/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum LTV per guidelines 80% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
XXX-Revised appraisl with comment on solar.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 386333 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE4805 | 2025-05-01 12:19 | 2025-05-09 09:04 | Resolved | 1 - Information | C | A | Credit | Eligibility | Trust/POA Does Not Meet Guideline Requirements | Resolved-Received confirmation of trust approval from title company. - Due Diligence Vendor-05/09/2025 Ready for Review-Document Uploaded. - Seller-05/08/2025 Open-Trust/POA Does Not Meet Guideline Requirements Missing Trust approval from title company. - Due Diligence Vendor-05/01/2025 |
Ready for Review-Document Uploaded. - Seller-05/08/2025 |
Resolved-Received confirmation of trust approval from title company. - Due Diligence Vendor-05/09/2025 |
LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum LTV per guidelines 80% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
EMAIL APPROVAL FROM TITLE RE TRUST.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 324752 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1325 | 2025-05-16 15:51 | 2025-05-20 16:22 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received Lender LOX for evidence of ownership interest. - Due Diligence Vendor-05/20/2025 Ready for Review-Document Uploaded. - Seller-05/20/2025 Open-Borrower 1 CPA Letter Missing Missing CPA letter for XXX. Copies provided are for XXX and XXX only. - Due Diligence Vendor-05/16/2025 |
Ready for Review-Document Uploaded. - Seller-05/20/2025 |
Resolved-Received Lender LOX for evidence of ownership interest. - Due Diligence Vendor-05/20/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
UW RESPONSE.pdf XXX SOS.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 324752 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM8807 | 2025-05-12 11:51 | 2025-05-20 15:14 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Appraisal Acknowledgement | Resolved-Received Certified Secure Electronic Delivery of Appraisal/Valuation Report. - Due Diligence Vendor-05/20/2025 Ready for Review-Document Uploaded. - Seller-05/20/2025 Open-Missing Appraisal Acknowledgement from the file. - Due Diligence Vendor-05/12/2025 |
Ready for Review-Document Uploaded. - Seller-05/20/2025 |
Resolved-Received Certified Secure Electronic Delivery of Appraisal/Valuation Report. - Due Diligence Vendor-05/20/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50% |
SureReceiptsCert-XXX-XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |
| XXX | 399701 | XXX | XXX | D | A | D | A | C | A | A | A | Closed | FCRE1167 | 2025-04-30 11:30 | 2025-05-07 13:11 | Resolved | 1 - Information | C | A | Credit | Insurance | Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage is less than all Subject Lien(s)and Replacement Cost Estimator by Insurer was not Provided | Resolved-Received RCE reflecting HOI coverage is sufficient. - Due Diligence Vendor-05/07/2025 Ready for Review-Document Uploaded. - Seller-05/07/2025 Counter-Lender commentary received, however insufficient to clear condition. HOI coverage of $XXX is less than all Subject lien amounts of $XXX. Missing RCE for subject property reflecting sufficient coverage. - Due Diligence Vendor-05/02/2025 Ready for Review-Hello, please disregard the cost estimator. We have enough dwelling coverage on the insurance to cover the loan amount. - Seller-05/02/2025 Open-Borrower provided a replacement cost estimator however the address reflected on the policy is not our subject property address. (address reflected shows as XXX) - Due Diligence Vendor-04/30/2025 |
Ready for Review-Document Uploaded. - Seller-05/07/2025 Ready for Review-Hello, please disregard the cost estimator. We have enough dwelling coverage on the insurance to cover the loan amount. - Seller-05/02/2025 |
Resolved-Received RCE reflecting HOI coverage is sufficient. - Due Diligence Vendor-05/07/2025 |
Credit Score greater than minimum FICO - XXX score is XXX points above the minimum FICO per guidelines of 720 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% |
UPDATED RCE.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 399701 | XXX | XXX | D | A | D | A | C | A | A | A | Closed | FCOM5814 | 2025-04-29 13:44 | 2025-05-02 13:44 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID: Closing Disclosure Deficiency | Resolved-Received Closing Disclosure Issued XXX inclusive of Page 3. - Due Diligence Vendor-05/02/2025 Ready for Review-Document Uploaded. - Seller-05/02/2025 Open-Final Closing Disclosure in file Issued XXX is missing Page 3. - Due Diligence Vendor-04/29/2025 |
Ready for Review-Document Uploaded. - Seller-05/02/2025 |
Resolved-Received Closing Disclosure Issued XXX inclusive of Page 3. - Due Diligence Vendor-05/02/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% |
CLOSING DISCLOSURE (FINAL AT FUNDING).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 399701 | XXX | XXX | D | A | D | A | C | A | A | A | Closed | FCRE1157 | 2025-04-30 11:28 | 2025-05-02 13:18 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-Received Lender LOX and PCCD reflecting no supplemental insurance. - Due Diligence Vendor-05/02/2025 Ready for Review-Document Uploaded. - Seller-05/02/2025 Open-Missing supplemental insurance in the amount of $XXX. Lender loan info and the CD both reflect additional insurance in escrow however there isn't any supporting documentation in the file. - Due Diligence Vendor-04/30/2025 |
Ready for Review-Document Uploaded. - Seller-05/02/2025 |
Resolved-Received Lender LOX and PCCD reflecting no supplemental insurance. - Due Diligence Vendor-05/02/2025 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 75% |
LENDER RESPONSE.pdf CLOSING DISCLOSURE (FINAL AT FUNDING).pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 328694 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM8807 | 2025-05-22 15:18 | 2025-06-02 15:23 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Appraisal Acknowledgement | Resolved-Received Certified Secure Electronic Delivery of Appraisal/Valuation Report. - Due Diligence Vendor-06/02/2025 Ready for Review-Document Uploaded. - Seller-06/02/2025 Open-Missing Appraisal Acknowledgement from the file. - Due Diligence Vendor-05/22/2025 |
Ready for Review-Document Uploaded. - Seller-06/02/2025 |
Resolved-Received Certified Secure Electronic Delivery of Appraisal/Valuation Report. - Due Diligence Vendor-06/02/2025 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50%. LTV is less than guideline maximum - XXX% CLTV is XXX% less than maximum CLTV per guidelines 90% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700. |
SureReceiptsCert-XXX-XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A |