Vista Point Assets LLC ABS-15G
Exhibit 99.7 - Schedule 3
| Loan ID | Seller Loan ID | Marketing 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? |
| REDACTED | 816724 | C | A | C | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Removed from title - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see updated title and title supplement to remove the item. On the updated title, the item is now REDACTED. Thanks! - Buyer-REDACTED Open-Updated - Property Title Issue 1. Lien with REDACTED - UCC financing statement must be removed/paid off - item K - REDACTED REDACTED was paid off with closing per FInal CD. - Due Diligence Vendor-REDACTED Open-Property Title Issue 1. Lien with REDACTED - UCC financing statement must be removed/paid off - item K - REDACTED 2. Sch C - item 10 - financing statement w/REDACTED must be removed/apid off - page 707 - Due Diligence Vendor-REDACTED |
Resolved-Removed from title - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 816724 | C | A | C | A | A | A | A | A | Closed | FCRE8611 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-Statements received, lender calc worksheet matches final statement from REDACTED. Resolved. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see the attached full REDACTED months of asset statements. Thanks! - Buyer-REDACTED Open-ASSET DEPLETION FOR REDACTED WAS USED TO QUALIFY. REDACTED MONTHS ASSET STATEMENTS ARE REQUIRED, REDACTED STATEMENTS WERE PROVIDED FOR REDACTED. Most recent REDACTED statements prior to note date REDACTED are required. - Due Diligence Vendor-REDACTED |
Resolved-Statements received, lender calc worksheet matches final statement from REDACTED. Resolved. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 846854 | C | A | C | A | C | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Lien referenced lien is the first mortgage on this property. Verified account number, amounts, open dates. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see page 10 of the attached fraud report. For the subject property address, the recording date and loan amount match what is on title. This is a second lien, so that item would remain on title. The open date and high credit amount also reflect the same on the credit report. Thanks! - Seller-REDACTED Counter-REDACTED is still listed on page 4, please advise. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached revised title. Thanks! - Seller-REDACTED Open-Property Title Issue Title policy requires evidence of payment and release of mortgage from Borrowers from REDACTED for REDACTED dated REDACTED and recorded REDACTED- page 983. Fraud report report also reflects the mortgage but the release of mortgage required is missing page 1048 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Hi, Please see page 10 of the attached fraud report. For the subject property address, the recording date and loan amount match what is on title. This is a second lien, so that item would remain on title. The open date and high credit amount also reflect the same on the credit report. Thanks! - Seller-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached revised title. Thanks! - Seller-REDACTED |
Resolved-Lien referenced lien is the first mortgage on this property. Verified account number, amounts, open dates. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 846854 | C | A | C | A | C | A | A | A | Closed | finding-3638 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Reimbursement Amount Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see the attached COC forms. Thanks! - Buyer-REDACTED Open-This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of REDACTED, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, REDACTED.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation. POINTS WERE DISCLOSED IN THE AMOUNT OF REDACTED ON THE INITIAL LE. POINTS INCRESED TO THE AMOUNT OF REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. THE CREDIT REPORT FEE INCREASED REDACTED FROM THE INTIAL LE TO THE FINAL CD. A LENDER CREDIT OF REDACTED WAS ISSUED ON THE FINAL CD TO CURE THE INCREASE OF THE CREDIT REPORT FEE. - Due Diligence Vendor-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 846854 | C | A | C | A | C | A | A | A | Closed | finding-3634 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see the attached COC forms. Thanks! - Seller-REDACTED Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $408.50.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). POINTS WERE DISCLOSED IN THE AMOUNT OF REDACTED ON THE INITIAL LE. POINTS INCRESED TO THE AMOUNT OF REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. THE CREDIT REPORT FEE INCREASED REDACTED FROM THE INTIAL LE TO THE FINAL CD. A LENDER CREDIT OF REDACTED WAS ISSUED ON THE FINAL CD TO CURE THE INCREASE OF THE CREDIT REPORT FEE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Hi, Please see the attached COC forms. Thanks! - Seller-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 841259 | D | B | D | B | C | A | A | A | Closed | FCRE1342 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-REDACTED Business Bank Statements Provided - Due Diligence Vendor-REDACTED Resolved-REDACTED bank statement received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Income calc worksheet through REDACTED stmt received. Need 1REDACTED bank statement. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Verified that borrowers business and personal expenses are combined. LOX accepted. The final statement in file is REDACTED, which is more than REDACTED days from the note date. The REDACTEDstatement and income calculation must be updated to meet guideline requirements for document age vs. note date. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Guidelines require two months business bank statements when using personal bank statements for qualification. Guidelines:• The borrower is to provide the most recent 24 or 12 months consecutive personal bank statements and two (2) months business bank statements (to support the borrower does maintain separate accounts, and to show business cash flows in order to utilize 100% of business-related deposits in personal account). - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-REDACTED months personal bank statements received. Most recent REDACTED months business bank statements still required per guidelines. Guidelines:• If the borrower maintains separate bank accounts for personal and business, only personal bank statements are used for qualifying. • The borrower is to provide the most recent 24 or 12 months consecutive personal bank statements and two (2) months business bank statements (to support the borrower does maintain separate accounts, and to show business cash flows in order to utilize 100% of business-related deposits in personal account). - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 Business Bank Statements Missing - Lender qualified REDACTED using 12 months bank statement doc type, however, loan file contains REDACTED month of personal bank statement forREDACTED. See worksheet on page 610 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-REDACTED Resolved-REDACTED bank statement received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 841259 | D | B | D | B | C | A | A | A | Closed | FCRE1195 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Resolved-Audited CLTV of % is less than or equal to Guideline CLTV of % - Due Diligence Vendor-REDACTED Resolved-Credit report used for UW received, within guidelines. FICO REDACTED CLTV is REDACTED. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. The file was underwritten off of a FICO REDACTED which allows for the LTV to go up to REDACTED - see uploaded credit report, - Seller-REDACTED Open-Loan LTV of REDACTED exceeds Guidelines LTV of REDACTED for FICO score of REDACTED. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. The file was underwritten off of a FICO of REDACTED which allows for the LTV to go up to REDACTED max - see uploaded credit report, - Seller-REDACTED |
Resolved-Audited CLTV of % is less than or equal to Guideline CLTV of % - Due Diligence Vendor-REDACTED Resolved-Credit report used for UW received, within guidelines. FICO REDACTED. CLTV is under REDACTED per matrix. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 841259 | D | B | D | B | C | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-First mortgage statement received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Credit supplement received. Investor guidelines require the actual first mortgage statement within 60 days of the note date. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Payoff statement for REDACTED received. The first mortgage statement (REDACTED) dated within 60 days of the closing date is required. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. - Missing first lien mortgage statement required by Guidelines REDACTED Section 9.0 Senior Lien Documentation Requirements Stand-Alone CES •Current (within 60 days) first mortgage statement showing, o Current principal balance. o Fully amortized. o Term. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-First mortgage statement received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 841259 | D | B | D | B | C | A | A | A | Closed | FCRE8611 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-Revised income calc worksheet received from lender - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. See the correct wkst uploaded - Seller-REDACTED Open-Lender B1 income calculation does not match TPR. Per worksheet, eligible deposits are REDACTED Deposits x REDACTED expense factor = REDACTED/REDACTED=REDACTED/month. Lender 1008 is using REDACTED. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. See the correct wkst uploaded - Seller-REDACTED |
Resolved-Revised income calc worksheet received from lender - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 841259 | D | B | D | B | C | A | A | A | Closed | finding-3631 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. POINTS WERE DISCLOSED IN THE AMOUNT OF REDACTED ON THE INITIAL LE. POINTS INCREASED TO THE AMOUNT OF REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 841259 | D | B | D | B | C | A | A | A | Closed | finding-3634 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is REDACTED.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). POINTS WERE DISCLOSED IN THE AMOUNT OF REDACTED ON THE INITIAL LE. POINTS INCREASED TO THE AMOUNT OF REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 841259 | D | B | D | B | C | A | A | A | Closed | FCRE1365 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | D | B | Credit | Missing Doc | Borrower 2 IRS Transcripts Missing | Acknowledged- - Due Diligence Vendor-REDACTED Resolved-REDACTED W2 transcripts received - post-closing/disbursement date. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-REDACTED IRS Transcripts Missing - Missing REDACTED W2 Transcripts required by Guidelines for wage earners - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-REDACTED W2 transcripts received - post-closing/disbursement date. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | Originator Post-Close | No | |||
| REDACTED | 847345 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 Gap Credit Report is Missing The only Credit Report on file is dated REDACTED on page 45. The Note date is REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 826619 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Both REDACTED liens paid off with closing. Payoff statement matches company name on title. Payoff amount matches Final CD. - Due Diligence Vendor-REDACTED Ready for Review-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. The two REDACTED loans referenced were paid off at closing. I have included the payoff quote for REDACTED - Seller-REDACTED Open-Property Title Issue Title schedule B - pg 331 - item #16 - REDACTED & #17 - REDACTED - unable to determine what company these are with from language on title. Copies of the financiang agreement addendums are required to determine there is no encumbrance on property OR verification they are paid in full & removed from title is required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. The twoREDACTED loans referenced were paid off at closing. I have included the payoff quote for REDACTED - Seller-REDACTED |
Resolved-Both solar liens paid off with closing. Payoff statement matches company name on title. Payoff amount matches Final CD. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 826619 | D | A | D | A | A | A | A | A | Closed | FCRE1764 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Verification of Mortgage | Resolved-Document received - Due Diligence Vendor-03/05/2025 Ready for Review-Document Uploaded. Mortgage statement on page 25 is dated 12/16/24 and note date is 02/14/2025 (60 days) - Seller-03/03/2025 Open-First mortgage statement within 60 days of note date is required. - Due Diligence Vendor-02/26/2025 |
Ready for Review-Document Uploaded. Mortgage statement on page 25 is dated REDACTED and note date is REDACTED (REDACTED) - Seller-REDACTED |
Resolved-Document received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | TPO2412X098430 | 812697 | C | A | C | A | A | A | A | A | Closed | FCRE1167 | REDACTED | REDACTED | 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-Documents received. Condition cleared in accordance with FL Title XXXVII 627.7011 and checklist of coverage in file. - Due Diligence Vendor-REDACTED Counter-All exceptions on second mortgage products are required to be approved by investor. Email verification from investor of approval is required for exception. (Lender exception form received.) - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. please see exception form request - Seller-REDACTED Counter-Guidelines require coverage A equal to the amount of all liens or the RCE. There is no indication on the agent LOE or checklist that the replacement cost is guaranteed replacement cost & no RCE is provided. There is only the limit of insurance which is Coverage A. Coverage A does not cover the outstanding liens. Total liens must be covered by Coverage A with no RCE. - Due Diligence Vendor-REDACTED Ready for Review-A REDACTED policy does not need to be equal to or exceed the lien amount. REDACTED policies are designed to provide basic coverage for high-risk properties, and lenders might require a certain amount of coverage, but it's not necessarily tied to the lien amount. - Seller-REDACTED Counter-There is no indication on the agent LOE or checklist that the replacement cost is guaranteed replacement cost & no RCE is provided. There is only the limit of insurance which is Coverage A. Coverage A does not cover the outstanding liens. Total liens must be covered by Coverage A with no RCE. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Lender provided REDACTED statue verbiage indicating no RCEwill be provided. Coverage A must be increased to cover all outstanding liens on property. First and second liens total REDACTED. Coverage A is currently REDACTED + additional REDACTED for a total of REDACTED. Hazard insurance coverage is not sufficient. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Page 9 information is an explanation coverage. This is not the replacement cost estimate of the value of the home from the insurer. Please provide the replacement cost estimate. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Replacement Cost Estimator from HOI company required. Coverage A is not sufficient to cover all liens on property. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. please see exception form request - Seller-REDACTED Ready for Review-A REDACTED policy does not need to be equal to or exceed the lien amount. REDACTED policies are designed to provide basic coverage for high-risk properties, and lenders might require a certain amount of coverage, but it's not necessarily tied to the lien amount. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Documents received. Condition cleared in accordance with FL Title XXXVII 627.7011 and checklist of coverage in file. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||
| REDACTED | 865795 | C | A | C | A | A | A | C | A | Closed | FCRE0360 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Resolved-Updated mortgage stmt received, prior to note date - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached updated mortgage statement. Thanks! - Buyer-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. - Mortgage statement dated REDACTED is not within 60 days on Note required by Guidelines. Note date is REDACTED page 288,349 - Due Diligence Vendor-REDACTED |
Resolved-Updated mortgage stmt received, prior to note date - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 865795 | C | A | C | A | A | A | C | A | Closed | FPRO1253 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Property | Data | Secondary Valuation or Additional Valuation has not been entered per securitization requirements | Resolved-Desk Review received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached CDA. Thanks! - Buyer-REDACTED Open-Secondary Valuation or Additional Valuation has not been entered per securitization requirements and CU Score, if present, is greater than 2.5 Value in file is REDACTED. REDACTED to support value required per guidelines based on application date. - Due Diligence Vendor-REDACTED |
Resolved-REDACTED received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 865649 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||
| REDACTED | 838585 | D | A | D | A | D | A | A | A | Closed | FCOM9564 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Right of Rescission | Resolved-Reissued RTC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Updated RTC required with new note. Terms of note changed. - Due Diligence Vendor-REDACTED Ready for Review-We cannot go back & have the borrower back date the RTC since the new note was already signed on REDACTED & the rescission period would have ended on REDACTED. How can this condition be resolved? - Seller-REDACTED Counter-A new RTC should have been issued with the new note. To resolve, the borrower has to be given the option for a new RTC period. Updated right to cancel is required based on the new note signature date. - Due Diligence Vendor-REDACTED Ready for Review-We cannot go back & have the borrower back date the RTC since the new note was already signed on REDACTED & the rescission period would have ended on REDACTED. How can this condition be resolved? - Seller-REDACTED Open-Updated right to cancel is required based on the new note signature date. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-We cannot go back & have the borrower back date the RTC since the new note was already signed on REDACTED & the rescission period would have ended on REDACTED. How can this condition be resolved? - Seller-REDACTED Ready for Review-We cannot go back & have the borrower back date the RTC since the new note was already signed on REDACTED & the rescission period would have ended on REDACTED. How can this condition be resolved? - Seller-REDACTED |
Resolved-Reissued RTC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 838585 | D | A | D | A | D | A | A | A | Closed | FCRE8201 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Lender attestation received REDACTED - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Lender Right to Cancel Attestation required - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Lender attestation received REDACTED - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 838585 | D | A | D | A | D | A | A | A | Closed | FCRE1440 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Lender clarification received that prior mortgage was REDACTED. 12 consecutive months of mortgage history confirmed with credit report. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Yes this does meet the requirements. The credit report and subsequent credit supplement for current mortgage with REDACTED have the required 6 months payments & then the prior mortgage with REDACTED shows 10 months. So there is CONCURRENT mortgage history on the credit report at 0x30x12 as REDACTED indicated would be acceptable. This needs to be escalated to someone please. - Seller-REDACTED Counter-The REDACTED email in file indicates that 0x30x12 history is to be on the credit report. 0x30x12 months is not verified with the credit report. Borrowers' housing history of 6 months (REDACTED) and one month (REDACTED) per credit report does not meet Guidelines requirement of 0*30*12. Housing history verification is needed for REDACTED. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. See email from REDACTED that confirmed I met the housing tradeline requirement for mortgage history. There is a prior mortgage with DLA of REDACTED, subject mortgage started reporting REDACTED - REDACTED confirmed if there was concurrent mortgage history of 0x30x12 that would be acceptable - Seller-REDACTED Counter-Credit refresh received. Borrowers' housing history of 6 months (REDACTED and one month (REDACTED) per credit report does not meet Guidelines requirement of 0*30*12. 1008 UW Comments indicate prior housing mortgage payment history is in file - lender to advise, unable to locate, not on credit report. Housing history verification is needed for REDACTED- REDACTED. There is no mortgage on credit for these dates. The REDACTED mortgage last activity was REDACTED. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Housing History Does Not Meet Guideline Requirements Borrowers' housing history of 6 months (REDACTED) and one month (REDACTEDk) per credit report does not meet Guidelines requirement of 0*30*12. 1008 UW Comments indicate prior housing mortgage payment history is in file - lender to advise, unable to locate, not on credit report. Previous housing payment verification for remaining 5 months is required. Home is newly constructed in REDACTED - Fraud report reflects Borrower purchased land/property in REDACTED, transferred to Business (REDACTED) in REDACTED and then repurchased from REDACTED in REDACTED page 541,558. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Yes this does meet the requirements. The credit report and subsequent credit supplement for current mortgage with REDACTED have the required 6 months payments & then the prior mortgage with REDACTED shows 10 months. So there is CONCURRENT mortgage history on the credit report at 0x30x12 as REDACTED indicated would be acceptable. This needs to be escalated to someone please. - Seller-REDACTED Ready for Review-Document Uploaded. See email from REDACTED that confirmed I met the housing tradeline requirement for mortgage history. There is a prior mortgage with DLA of REDACTED, subject mortgage started reporting REDACTED - REDACTED confirmed if there was concurrent mortgage history of 0x30x12 that would be acceptable - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Lender clarification received that prior mortgage was REDACTED. 12 consecutive months of mortgage history confirmed with credit report. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 838585 | D | A | D | A | D | A | A | A | Closed | FCRE0360 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Resolved-. - Due Diligence Vendor-REDACTED Resolved-First mtg stmt within 60 days of note date received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-REDACTED stmt received. The first mortgage statement on the REDACTED mortgage dated within 60 days of the note date is required. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Statement dated REDACTED showing due for REDACTED payment. - Seller-REDACTED Counter-The mortgage statement date in file and re-uploaded reflects the statement date of REDACTED and payment due date of REDACTED. The note date is REDACTED. The first mortgage statement with a statement date within 60 days of note date is required. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. The REDACTED mortgage statement is only REDACTED days out not REDACTED. - Seller-REDACTED Open-First mtg stmt must be within 60 days of note date. Mtg stmt on page 167 of file is expired. First mtg statement within 60 days of note date is required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. Statement dated REDACTED showing due for February payment. - Seller-REDACTED Ready for Review-Document Uploaded. The REDACTED mortgage statement is only REDACTEDdays out not REDACTED. - Seller-REDACTED |
Resolved-. - Due Diligence Vendor-REDACTED Resolved-First mtg stmt within 60 days of note date received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 838585 | D | A | D | A | D | A | A | A | Closed | FCRE5790 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Borrower 1 Gap Credit Report is not expired. - Due Diligence Vendor-REDACTED Resolved-Gap credit received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Credit refresh is dated REDACTED. - Seller-REDACTED Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). - Gap credit report dated REDACTED exceeds REDACTED days from Note REDACTED allowed by Guidelines - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Credit refresh is dated REDACTED. - Seller-REDACTED |
Resolved-Borrower 1 Gap Credit Report is not expired. - Due Diligence Vendor-REDACTED Resolved-Gap credit received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 838585 | D | A | D | A | D | A | A | A | Closed | FCRE5791 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 2 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Borrower 2 Gap Credit Report is not expired. - Due Diligence Vendor-REDACTED Resolved-Gap credit received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Credit refresh is dated REDACTED. - Seller-REDACTED Open-Borrower 2 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). - Gap credit report dated REDACTED exceeds REDACTED days from NoteREDACTED allowed by Guidelines - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Credit refresh is dated REDACTED. - Seller-REDACTED |
Resolved-Borrower 2 Gap Credit Report is not expired. - Due Diligence Vendor-REDACTED Resolved-Gap credit received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 838585 | D | A | D | A | D | A | A | A | Closed | FCOM1226 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Balloon Rider is Missing | Resolved-The Balloon Rider is Present - Due Diligence Vendor-REDACTED Resolved-PCCD provided removing balloon payment. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. This is not a balloon loan. See attached PCCD & COC removing the balloon payment. - Seller-REDACTED Open-Balloon Rider is Missing Final CD reflects a balloon payment of REDACTED is due at the end of the REDACTED Year Term, however, loan file is missing Balloon Rider. Note does not indicate a ballon payment. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. This is not a balloon loan. See attached PCCD & COC removing the balloon payment. - Seller-REDACTED |
Resolved-The Balloon Rider REDACTED - Due Diligence Vendor-REDACTED Resolved-PCCD provided removing balloon payment. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 838585 | D | A | D | A | D | A | A | A | Closed | FCOM1208 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Note is Incomplete | Resolved-The Note is Present - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-The Note is Incomplete -i) Loan amortization per Note is REDACTED years (REDACTED to REDACTED) and corresponding Principal and interest amount is REDACTED, however, it appears Lender calculated using REDACTED amortization which resulted in Principal and interest amount of REDACTED stated on Note. - ii) Final CD reflects a balloon payment of REDACTED is due at the end of the REDACTED, however, Guidelines allows only REDACTED or REDACTED Yr Term for Balloon payments for CES loans - page 8 of Guidelines dated REDACTED - iii) The Note does not indicate Balloon payments - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-The Note is Present - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 838585 | D | A | D | A | D | A | A | A | Closed | FCRE3978 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Letter of Explanation (Credit) | Resolved-Resolved - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Credit report shows this is a TIMESHARE which is considered an INSTALLMENT loan per agency guidelines. The maintenance fees for the timeshare were verified & included in the DTI - this is showing in the liabilities as TIMESHARE MAINTENANCE with a monthly payment of REDACTED - Seller-REDACTED Open-Verification of the property the REDACTED mortgage is on (not on subject property title or paid with final CD). Taxes & insurance information to be provided for this property to be included in DTI. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Credit report shows this is a TIMESHARE which is considered an INSTALLMENT loan per agency guidelines. The maintenance fees for the timeshare were verified & included in the DTI - this is showing in the liabilities as TIMESHARE MAINTENANCE with a monthly payment of REDACTED - Seller-REDACTED |
Resolved-Resolved - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 838585 | D | A | D | A | D | A | A | A | Closed | FCRE1152 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Document Uploaded. TPR verification of property tax card from county. Home is verified to be on tax card. Resolved. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. The property tax bill supplied was for REDACTED. They will not update the taxes until the REDACTED bill which comes out in REDACTED. Appraiser site is not updated either. Please waive this condiiton. - Seller-REDACTED Open-Missing Evidence of Property Tax Tax cert - pg 457 - is on land only. Updated tax cert reflecting taxes with home now built on property required for correct DTI. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. The property tax bill supplied was for REDACTED. They will not update the taxes until the REDACTED bill which comes out in REDACTED. Appraiser site is not updated either. Please waive this condiiton. - Seller-REDACTED |
Resolved-Document Uploaded. TPR verification of property tax card from county. Home is verified to be on tax card. Resolved. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 838585 | D | A | D | A | D | A | A | A | Closed | finding-3631 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved-COC acknowledgment of points received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. COC dated REDACTED has the increase listed on it. - Seller-REDACTED Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. NO POINTS WERE DISCLOSED ON THE INITIAL LE. POINTS WERE DISCLOSED IN THE AMOUNT OF REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. COC datedREDACTED has the increase listed on it. - Seller-REDACTED |
Resolved-COC acknowledgment of points received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 838585 | D | A | D | A | D | A | A | A | Closed | finding-3634 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-COC acknowledgment of points received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. COC dated REDACTED has the increase listed on it. - Seller-REDACTED Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is REDACTED.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). NO POINTS WERE DISCLOSED ON THE INITIAL LE. POINTS WERE DISCLOSED IN THE AMOUNT OF REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. COC dated REDACTED has the increase listed on it. - Seller-REDACTED |
Resolved-COC acknowledgment of points received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 888685 | D | A | D | A | A | A | A | A | Closed | FCRE1764 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Verification of Mortgage | Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-REDACTED requires the first mortgage statement within 60 days. The credit supplment which was in file cannot be used in place of the first mortgage statement. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-First mortgage statement must be within 60 days of note date. Stmt in file (page 135 - REDACTED) is greater than 60 days from note date. REDACTED statement is needed. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 863922 | D | A | D | A | A | A | A | A | Closed | FCRE1764 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Verification of Mortgage | Resolved-Modification docs received. Okay per REDACTED to use current modification guidelines (REDACTED). Modification occured effective REDACTED, docs signed REDACTED, more than REDACTEDmonths. Loan is fully amortizing over REDACTED months, maturity date of REDACTED. No neg-am, no balloon, and payments from the modification are principal and interest (no I/O). - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. REDACTED / loan modification docs - Seller-REDACTED Ready for Review- - Due Diligence Vendor-REDACTED Unable to Resolve-Unable to Resolve-Hello team: We got on a three way call with the borrower (REDACTED) and REDACTED said they cannot locate the original loan mod documents to provide to the borrower. They said that is likely why it was not recorded as well. Not sure what we can do. We spoke to REDACTED as well today. Please advise - Seller-REDACTED Counter-Deed of Trust provided. Credit report reflects first lien is modified. Modification agreement/updated first mortgage note are required. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. See attached 1st lien recorded from original lender - Seller-REDACTED Open-First mortgage (subject collateral) w/REDACTED shows a higher current balance than original. Loan modification note/documentation required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. REDACTED/ loan modification docs - Seller-REDACTED Unable to Resolve-Unable to Resolve-Hello team: We got on a three way call with the borrower (REDACTED) and REDACTED said they cannot locate the original loan mod documents to provide to the borrower. They said that is likely why it was not recorded as well. Not sure what we can do. We spoke to REDACTED as well today. Please advise - Seller-REDACTED Ready for Review-Document Uploaded. See attached 1st lien recorded from original lender - Seller-REDACTED |
Resolved-Modification docs received. Okay per REDACTED to use current modification guidelines (3REDACTED). Modification occured effective REDACTED docs signed REDACTED, more than REDACTED months. Loan is fully amortizing over REDACTED months, maturity date of REDACTED. No neg-am, no balloon, and payments from the modification are principal and interest (no I/O). - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 814046 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||
| REDACTED | 813398 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 Gap Credit Report is Missing Guidelines require a gap report within REDACTED days of note date is required if Note date is greater than REDACTED days after the date of the credit report relied upon for underwriting. However, the most recent credit report prior to closing was dated REDACTED with a note date of REDACTED is REDACTED days from note date. Credit dated REDACTED used for review with an REDACTED5 note date, not within guidelines. No GAP report as required was located in the file during review. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 813398 | D | A | D | A | A | A | A | A | Closed | FCRE5783 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Gap Credit Report is Missing | Resolved-Borrower 2 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 2 Gap Credit Report is Missing Guidelines require a gap report within REDACTED days of note date is required if Note date is greater than REDACTED days after the date of the credit report relied upon for underwriting. However, the most recent credit report prior to closing was dated REDACTED with a note date of REDACTED is REDACTED days from note date. Credit dated REDACTED used for review with an REDACTED note date, not within guidelines. No GAP report as required was located in the file during review. - Due Diligence Vendor-REDACTED5 |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 2 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 813398 | D | A | D | A | A | A | A | A | Closed | FCRE1148 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED Resolved-Updated title coverage received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) Title coverage of REDACTED, equal to new REDACTED lien note is required. However, Title page 294 reflects coverage of REDACTED only. The Title coverage is REDACTED below requirements. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED Resolved-Updated title coverage received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 820015 | D | A | D | A | A | A | A | A | Closed | FCRE1316 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Ready for Review-Docs match - resolved Lender email comments - I wasn’t able to print the shipped REDACTED, REDACTED and REDACTED showing the date originally printed. So, I have uploaded a screen shot showing documents were uploaded to REDACTED on REDACTED along with current dated versions - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-REDACTED 3rd Party VOE Prior to Close Missing REDACTED VOE missing. Requirements: For self-employed verify existence of business within 30-days of the note date with one of the following: o Letter from business tax professional. o On-line verification from regulatory agency or licensing bureau. o Certification verifying business existence through direct contact or internet search. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 868737 | D | A | A | A | D | A | A | A | Closed | FCOM1221 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Deed of Trust is Incomplete | Resolved-Notary doc received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. HI, This DOT has an all-purpose acknowledgement. Please find attached. - Buyer-REDACTED Open-DOT copy in file is not notarized - Due Diligence Vendor-REDACTED |
Resolved-Notary doc received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 851788 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||
| REDACTED | 803305 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||
| REDACTED | 834888 | D | A | D | A | D | A | A | A | Closed | FCRE1193 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Resolved - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. LOX attached to explain DTI is acceptable thank you - Seller-REDACTED Open-Property tax certifiate received. Property taxes increased DTI to REDACTED, over guideline max of REDACTED. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. LOX attached to explain DTI is acceptable thank you - Seller-REDACTED |
Resolved-Resolved - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 834888 | D | A | D | A | D | A | A | A | Closed | FCRE1152 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Evidence of Property Tax is present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing Evidence of Property Tax The only Tax information provided is on the Appraisal on page 32. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Evidence of Property Tax is present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 834888 | D | A | D | A | D | A | A | A | Closed | FCOM4227 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Initial CD received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-MISSING THE INITIAL CD. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Initial CD received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 834888 | D | A | D | A | D | A | A | A | Closed | FCRE5047 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Amount of title insurance is less than mortgage amount | Resolved-Title coverage to cover lien amount received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Title coverage is less than loan amount. Increased title coverage required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Title coverage to cover lien amount received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 834888 | D | A | D | A | D | A | A | A | Closed | FCRE1316 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 3rd Party VOE Prior to Close Missing There is no VVOE on file. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 834888 | D | A | D | A | D | A | A | A | Closed | FCRE1201 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing Third Party Fraud Report - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 834888 | D | A | D | A | D | A | A | A | Closed | FCRE4293 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | File does not contain all required Asset Statement(s) | Resolved-REDACTED statement received to coincide with REDACTED loans - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hello Good day!! This should not be required as the paystubs clearly show it’s a REDACTED loan and no assets were used/needed for qualifying. This meets FNMA requirements. We do have a copy of theREDACTED account if absolutely necessary, please see attached. To save time Thank you so much - Seller-REDACTED Open-Borrower has REDACTED loans on paystubs. BorrowerREDACTED statement is required. Per FNMA guidelines, "The lender is not required to include this contingent liability as part of the borrower’s recurring monthly debt obligations provided the lender obtains a copy of the applicable loan instrument that shows the borrower’s financial asset as collateral for the loan." - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Hello Good day!! This should not be required as the paystubs clearly show it’s a REDACTED loan and no assets were used/needed for qualifying. This meets FNMA requirements. We do have a copy of the REDACTED account if absolutely necessary, please see attached. To save time Thank you so much - Seller-REDACTED |
Resolved-REDACTED statement received to coincide with REDACTED loans - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 870093 | C | A | A | A | C | A | A | A | Closed | FCOM4438 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Final CD: Closing Date is missing or inaccurate | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-PCCD reflects closing date as REDACTED5. All closing docs are dated REDACTED. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Closing documents are dated REDACTED, but were signed by borrower on REDACTED. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 862773 | C | A | C | A | B | A | A | A | Closed | FCRE6763 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income documentation does not meet guidelines | Resolved-P&L received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached P&L Thanks! - Buyer-REDACTED Counter-The income calculation based on tax returns is accepted. The bank statements for REDACTED are needed to support the income calculation. The section of guidelines referenced is: 8.4.1 Full Doc for Stand-Alone Self-employed borrowers: • 1 or 2 years tax returns (business and personal) including all schedules. •Current YTD P&L (borrower prepared ok), or 3 months bank statements. •Qualifying income based on tax returns. P&L or bank statement to support tax return income. •Tax transcripts - Due Diligence Vendor-REDACTED Ready for Review-Hi, Can you please disregard the bank statement. It was inadvertently added to the package. We used the tax returns to calculate all income. The cash out from the CD indicates the borrower didn't bring in any funds to close. Thanks! - Buyer-REDACTED Open-Business bank statement (pg 408) business name does not match business name on Schedule C of tax returns used for income calculation. Most recent business bank statement needed for REDACTED. - Due Diligence Vendor-REDACTED |
Resolved-P&L received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 862773 | C | A | C | A | B | A | A | A | Closed | finding-56 | REDACTED | REDACTED | Resolved | 1 - Information | B | A | Compliance | State Reg | Late Fees Test | Resolved- - Due Diligence Vendor-REDACTED Open-This loan failed the late fees test.The loan has late fees that do not conform to the requirements for the lender's license type in the state where the property is located.PLEASE NOTE: Certain states impose a late charge restriction that requires a comparison of the late fees charge, expressed either as a percentage or a dollar amount, or as both. In cases where the user provided data does not contain the required data point, REDACTED will calculate the required data point from the late charge value entered by the user, and for such purpose will use the system's calculation of the scheduled monthly payment amount. Such data point calculations are an estimate based on the user provided data, and may not reflect the actual late charge threshold on an irregular payment, or if the maximum permitted late charge is based on the amount of the scheduled payment that is outstanding and not the entire scheduled payment. - Due Diligence Vendor-REDACTED |
Resolved- - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||||
| REDACTED | 862773 | C | A | C | A | B | A | A | A | Closed | FCRE1167 | REDACTED | REDACTED | 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-Sufficent Hazard Insurance Coverage is provided or Guaranteed Replacement Coverage is present and Insurer has provided Replacement Cost Estimator - Due Diligence Vendor-REDACTED Resolved-Amended Declarations have RCE stated. RCE is REDACTED. Policy is guaranteed replacement cost. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached. On the "Amended Declarations" open the pdf, and then start scrolling down page 1, looking to the right, until your eyeballs catch the asterisk sign. *Guaranteed Replacement Cost. This is also indicated on the amendment that is just adding the second loan. Thanks! - Buyer-REDACTED Open-RCE needed from insurance company to verify guaranteed replacement cost - Due Diligence Vendor-REDACTED |
Resolved-Sufficent Hazard Insurance Coverage is provided or Guaranteed Replacement Coverage is present and Insurer has provided Replacement Cost Estimator - Due Diligence Vendor-REDACTED Resolved-Amended Declarations have RCE stated. RCE is REDACTED. Policy is guaranteed replacement cost. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 846320 | D | A | D | A | A | A | A | A | Closed | FCRE3464 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Closing/Final Verbal VOE | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-VVOE in file is greater than 10 days from note date - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 846320 | D | A | D | A | A | A | A | A | Closed | FCRE2109 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Income worksheet received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open- - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Income worksheet received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 827394 | D | A | A | A | D | A | A | A | Closed | FCOM1233 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-Corrected final 1003 received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached final signed 1003 with both employers listed. Thanks! - Buyer-REDACTED Counter-Final 1003 has to be signed by the borrower. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached corrected final 1003. Thanks! - Buyer-0REDACTED Open-The borrower qualified with two W2 jobs; however, only one Employee and income was listed on the Final 1003 on page 627. - Due Diligence Vendor-REDACTED |
Resolved-Corrected final 1003 received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 884591 | C | A | A | A | C | A | A | A | Closed | finding-3866 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | ComplianceEase | Discount Fee Test | Resolved-Verification received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. letter re receipt of reimbursed funds and PCCD attached - Buyer-REDACTED Counter-PCCD received - passes REDACTED state fees test. Please provide a copy of the letter verifying the PCCD was sent to the borrower and/or a docu-signed copy of the PCCD. - Due Diligence Vendor-REDACTED Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Post closing CD uploaded reducing discount points to REDACTED - Buyer-REDACTED Open-This loan failed the discount fee test. (REDACTED 1343.011(B))The sum of all discount points is greater than 2% of the original principal amount. Discount points means any charges, whether or not actually denominated as "discount points," that are paid by the seller or the buyer of residential real property to a residential mortgage lender or that are deducted and retained by a residential mortgage lender from the proceeds of the residential mortgage. "Discount points" does not include the costs associated with settlement services as defined in RESPA. ****The (REDACTED) fees paid to lender exceed 2% of the note amount (REDACTED). Under the REDACTED Interest Provisions, the fees paid to the lender may not exceed 2% of the note amount for a non-Fannie Mae/Freddie Mac subordinate lien loan. (REDACTED Code 1343.011(B)(3)) - Due Diligence Vendor-REDACTED |
Resolved-Verification received - Due Diligence Vendor-REDACTED Resolved- - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 824403 | D | B | D | B | D | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | C | B | Credit | Title | Property Title Issue | Acknowledged-Exception to allow property tax of REDACTED due to remain unpaid and open as taxes & insurance are escrowed. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, We granted an exception for this. Please see attached. Thanks! - Seller-REDACTED Counter-This shows the payment as pending/not actually verified as paid. The FTP with the delinquent tax payment removed would also be accepted to clear the finding. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see the more detailed receipt. Page 2 shows REDACTED taxes are paid. The amount matches items 7 and 8 on title. Thanks! - Buyer-REDACTED Counter-Tax receipt is missing date paid. Please provide a bank statement showing the amount paid with date that can be associated or a more detailed payment receipt containing the date paid. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached payment receipt. Thanks! - Buyer-REDACTED Open-Property Title Issue Missing evidence of outstanding property tax amount of REDACTED which must be paid on REDACTED per Title requirement page 517 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Hi, We granted an exception for this. Please see attached. Thanks! - Seller-REDACTED |
Acknowledged-Exception to allow property tax of REDACTED due to remain unpaid and open as taxes & insurance are escrowed. - Due Diligence Vendor-REDACTED |
REDACTED | REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | Investor Post-Close | No | ||
| REDACTED | 824403 | D | B | D | B | D | A | A | A | Closed | FCOM5135 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see the "Definitions" section toward the bottom of page 2. It was disclosed that the seller has no affiliates. Thanks! - Seller-REDACTED Open-Required Affiliated Business Disclosure Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Hi, Please see the "Definitions" section toward the bottom of page 2. It was disclosed that the seller has no affiliates. Thanks! - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 824403 | D | B | D | B | D | A | A | A | Closed | FCRE2109 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Buyer-REDACTED Open-Lender income worksheet is only in file for one set of bank statements (REDACTED/month). There are two sets of bank statements considered in income on 1008. Please provide the additional income calculation worksheet. - Due Diligence Vendor-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 872722 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||
| REDACTED | 812566 | D | A | D | A | A | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-First mortgage statement within 60 days of note date required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 844439 | D | A | D | A | A | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 IRS Transcripts Missing IRS W2 transcripts missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 844439 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-FTP received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Title policy amount is less than the loan amount. Increased coverage to loan amount required. (pg. 195) - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-FTP received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 830500 | C | A | C | A | A | A | A | A | Closed | FCRE8611 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-Business docs received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-LOAN CLOSED IN NAME OF REDACTED. THE FOLLOWING DOCUMENTS ARE MISSING FROM LOAN FILE: 1. OPERATING AGREEMENT 2. ARTICLES OF INCORPORATION - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Business docs received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 896851 | D | A | D | A | A | A | A | A | Closed | FCRE0360 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not partially present. - Due Diligence Vendor-REDACTED Resolved-First mortgage statment within 60 days of note date & prior to note date received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Document uploaded is blank, however a credit supplement cannot be used in place of the first mortgage statement within 60 days of the note date. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Mortgage credit Supplemental _REDACTED- Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. - Mortgage statement dated REDACTED is not within 60 days required by Guidelines. Note date is REDACTED. page 38,116 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. Mortgage credit Supplemental _REDACTED - Seller-REDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not partially present. - Due Diligence Vendor-REDACTED Resolved-First mortgage statment within 60 days of note date & prior to note date received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 896851 | D | A | D | A | A | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-submitted as full doc, program is wvoe only. resolved. - Due Diligence Vendor-REDACTED Ready for Review-This is a WVOE only program, income type REDACTED). Per the Alt Doc WVOE requirements and Documentation guidelines, acceptable forms are "any other acceptable online income data vendor, as well as REDACTED. The WVOE is ordered through REDACTED but executed by REDACTED. This is acceptable as is. - Seller-REDACTED Open-Borrower 1 IRS Transcripts Missing - Per Guidelines, W-2 transcripts are required for wage/salaried borrowers. - Due Diligence Vendor-REDACTED |
Ready for Review-This is a WVOE only program, income type (REDACTED). Per the Alt Doc WVOE requirements and Documentation guidelines, acceptable forms are "any other acceptable online income data vendor, as well as REDACTED. The WVOE is ordered through REDACTED but executed by REDACTED. This is acceptable as is. - Seller-REDACTED |
Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-submitted as full doc, program is wvoe only. resolved. - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 883087 | D | A | D | A | D | A | C | A | Closed | FCRE1748 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Certificate of Occupancy | Resolved-No legal/compliance requirement. RTC is correct. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Occupancy Affidavit signed on REDACTED after disbursement and page 2 of the affidavit is not complete/not filled out by the borrower acknowledging the property is not currently for sale and the date purchased. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-No legal/compliance requirement. RTC is correct. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 883087 | D | A | D | A | D | A | C | A | Closed | FCRE8201 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-All documents reviewed, RTC is correct. No additional compliance requirements that were not met. - Due Diligence Vendor-REDACTED Ready for Review-Subject property is located in REDACTED. There is no REDACTED regulation that closing or loan documents cannot be signed and dated on REDACTED, a non-business day. Additionally, we are compliant with the rescission rule. - Seller-REDACTED Open-Loan appears to have closed/documents dated on a non-business day,REDACTED, REDACTED. - Due Diligence Vendor-REDACTED |
Ready for Review-Subject property is located in REDACTED. There is no REDACTED regulation that closing or loan documents cannot be signed and dated on REDACTED, a non-business day. Additionally, we are compliant with the rescission rule. - Seller-REDACTED |
Resolved-All documents reviewed, RTC is correct. No additional compliance requirements that were not met. - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 883087 | D | A | D | A | D | A | C | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-1. A copy of the notice of trustee's sale document - title #6, page 624/695 is required for review. 2. There is no amount of title insurance coverage listed on the preliminary title. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 883087 | D | A | D | A | D | A | C | A | Closed | FCRE2052 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Tax Cert | Resolved-Tax cert received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Tax Cert - pg 124/261 - not signed by settlement agent - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Tax cert received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 883087 | D | A | D | A | D | A | C | A | Closed | finding-3652 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-This loan failed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits (REDACTED) does not exceed or equal the comparable sum of specific and non-specific lender credits (REDACTED). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). A LENDER CREDIT WAS DISCLOSED IN THE AMOUNT OF REDACTED ON THE REVISED LE DATED REDACTED. THE LENDER CREDIT DECREASED TO $3585 ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FIL.E - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 883087 | D | A | D | A | D | A | C | A | Closed | FCOM3075 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing US Patriot Act Disclosure or ID | Resolved-Signed Patriot Act form received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-US Patriot Act form not signed by closing agent - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Signed Patriot Act form received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 883087 | D | A | D | A | D | A | C | A | Closed | FCOM4438 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Final CD: Closing Date is missing or inaccurate | Resolved-PCCD with correct disbursment date of REDACTED received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - SellerREDACTED Open-FInal CD (pg 92/261) is dated REDACTED as closing date & REDACTED as disbursement date. Final CD was signed on REDACTED. Right to Cancel was signed REDACTED with a RTC date of midnight on REDACTED. Disbursement not allowed until REDACTED per RTC. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-PCCD with correct disbursment date of REDACTED received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 883087 | D | A | D | A | D | A | C | A | Closed | FCOM2276 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Final CD: Disbursement Date is missing or inaccurate | Resolved-PCCD received disbursement date REDACTED - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Final CD shows note date & closing of REDACTED, disbursement date of REDACTED. Verification of actual disbursement date needed. Settlement statement in file indicates REDACTED, but a settlement statement cannot be accepted in place of a final CD. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-PCCD received disbursement date REDACTED- Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 883087 | D | A | D | A | D | A | C | A | Closed | FVAL3825 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Property | Property | FEMA Declared Disaster Dated Prior to the Note Date, After Appraisal Date | Resolved-PCI received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Property is in a FEMA impacted zip code. Valuations in file are prior to REDACTED. A Property Disaster Inspection is required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-PCI received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 809848 | C | B | C | B | C | A | A | A | Closed | FCRE1437 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | C | B | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Acknowledged-Investor allowing exception. Lender exception waiver received. Exception to allow use of wage income, asset depletion, and P&L income on loan. CLTV - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Email response also sent to lender with guidelines excerpt screenshot. This loan was submitted with The P&L, REDACTED income, and asset depletion - all income types for the same borrower. Per guidelines, that is not allowed which is why the DTI is over REDACTED%. "No income other than asset depletion can be combined with the P&L for the self-employed borrower." - Due Diligence Vendor-REDACTED Ready for Review-From UW Mgr: From my understanding is they do not allow P&L with w2 income? Or they didnt allow the asset utilization income / Wage income cannot be combined with P&L and asset depletion (page 27 guidelines) Please refresh my memory if this is why the DTI exceeds allowable due to elimination of w2 income? If this is the case, curious to why the w2 income was necessary to keep ratio under REDACTED - Seller-REDACTED Ready for Review-Document Uploaded. VOE dated REDACTED and closed REDACTED - within the REDACTED days - Seller-REDACTED Open-Income and Employment Do Not Meet Guidelines 1. LOE for asset depletion asset statement REDACTEDstatement with REDACTED. REDACTED statement from REDACTED. B1 still works at REDACTED, so LOE is needed to understand the rollover. 2. IF wage income is added back via exception, VVOE for REDACTED within 10 days of note date is required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-From UW Mgr: From my understanding is they do not allow P&L with w2 income? Or they didnt allow the asset utilization income / Wage income cannot be combined with P&L and asset depletion (page 27 guidelines) Please refresh my memory if this is why the DTI exceeds allowable due to elimination of w2 income? If this is the case, curious to why the w2 income was necessary to keep ratio under REDACTED - Seller-REDACTED Ready for Review-Document Uploaded. VOE dated REDACTED and closed REDACTED - within the REDACTED days - Seller-REDACTED |
Acknowledged-Investor allowing exception. Lender exception waiver received. Exception to allow use of wage income, asset depletion, and P&L income on loan. CLTV - Due Diligence Vendor-REDACTED |
REDACTED | REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | Yes | ||
| REDACTED | 809848 | C | B | C | B | C | A | A | A | Closed | FCRE1193 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Audited DTI of % is less than or equal to Guideline DTI of % - Due Diligence Vendor-REDACTED Ready for Review-From UW Mgr: Please email REDACTED if any additional info is needed. Thank you From my understanding is they do not allow P&L with w2 income? Or they didn't allow the asset utilization income / Wage income cannot be combined with P&L and asset depletion (page 27 guidelines) Please refresh my memory if this is why the DTI exceeds allowable due to elimination of w2 income? If this is the case, curious to why the w2 income was necessary to keep ratio under REDACTED - Seller-REDACTED Open-Guidelines allow a maximum DTI of REDACTED. Audited DTI is REDACTED. Wage income cannot be combined with P&L and asset depletion (page 27 guidelines). Wage income is lower than P&L income, so wage income was removed. Asset depletion per lender was at REDACTED%, not required per guidelines. Asset depletion = REDACTED=REDACTED P&L calculation with min expense factor of REDACTED% = REDACTED The difference is due to Income for REDACTED REDACTED NOT being used (Guidelines require that no other income documentation type other than Asset Depletion can be combined with the P&L for the self-employed borrower), Asset depletion calculated at REDACTED vs 1008 REDACTED, Credit report debts of REDACTED vs 1008 REDACTED and Subject decrease in HOA of REDACTED page 91/440 vs 1008 REDACTED. The maximum allowed DTI of REDACTED% was exceeded. - Due Diligence Vendor-REDACTED |
Ready for Review-From UW Mgr: Please email REDACTED if any additional info is needed. Thank you From my understanding is they do not allow P&L with w2 income? Or they didn't allow the asset utilization income / Wage income cannot be combined with P&L and asset depletion (page 27 guidelines) Please refresh my memory if this is why the DTI exceeds allowable due to elimination of w2 income? If this is the case, curious to why the w2 income was necessary to keep ratio under REDACTED - Seller-REDACTED |
Resolved-Audited DTI of % is less than or equal to Guideline DTI of % - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 809848 | C | B | C | B | C | A | A | A | Closed | FCOM2660 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | CD: Refinance Statement Not Present | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. See attached title certified statement for REDACTED - Seller-REDACTED Open-Property located at REDACTED refinanced REDACTEDFinal Closing Disclosure required. However, the Final Closing Disclosure for the simultaneously closing of property located at REDACTED was not located in the file as required. Verification of payoff for Note page 113 reflecting subject property and simultaneously closed REDACTED refinance. The Final CD is missing for simultaneous refinance of REDACTED. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. See attached title certified statement for REDACTED - Seller-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 809848 | C | B | C | B | C | A | A | A | Closed | FCOM3527 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Post Consummation CD issued improperly | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. See attached post closer cert - Seller-REDACTED Open-Explanation for PCCD section H needed. Final CD showed cash to borrower of REDACTED. PCCD (pg 1/146) shows cash now transferred via Section H to escrow and another loan. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. See attached post closer cert - Seller-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 815795 | D | A | D | A | A | A | A | A | Closed | FCRE1201 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-0REDACTED Ready for Review-Document Uploaded. REDACTED attached - Seller-REDACTED Open-Missing Third Party Fraud Report Guidelines page 18 require that all loans must be submitted to an automated fraud and data check tool REDACTED. A copy of the findings report must be provided in the loan file along with any documentation resolving any deficiencies or red flags noted. However, no automated fraud and data check tool was located in the file during review. The automated fraud and data check tool is missing. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. REDACTED attached - Seller-REDACTED |
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 815795 | D | A | D | A | A | A | A | A | Closed | FCRE1316 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Resolved-Resolved - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. FVOE attached for Borrower - Seller-REDACTED Open-Borrower 1 3rd Party VOE Prior to Close Missing Guidelines page 22 require a Verbal VOE from each employer 10-days of the note date for wage and salaried employees. However, no Verbal VOE was located in the file for the Borrower during review. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. FVOE attached for Borrower - Seller-REDACTED |
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Resolved-Resolved - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 815795 | D | A | D | A | A | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. IRS transcript attached - Seller-REDACTED Open-B1 2024 W2 transcripts missing, Loan submitted as 2 yr full doc. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. IRS transcript attached - Seller-REDACTED |
Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 815795 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Resolved - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open- - Due Diligence Vendor-REDACTED |
1. Preliminary title does not list this lender, another lender is listed. This needs to be updated. 2. Preliminary title does not list property taxes. -REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Resolved - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 847698 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||
| REDACTED | 843601 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||
| REDACTED | 835784 | D | B | D | B | A | A | D | B | Closed | FVAL8946 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Property | Missing Doc | Missing Appraisal | Resolved-Document Uploaded. - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Desk review required as secondary valuation on investment property. CU submitted with file does not meet secondary value requirements. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Document Uploaded. - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 835784 | D | B | D | B | A | A | D | B | Closed | FCRE1335 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | D | B | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Acknowledged-Transcripts received dated after closing date - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Pending transcripts - no new docs uploaded for this condition. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Pending trnascripts - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 IRS Transcripts Missing - Missing Borrower 1 W2 transcripts required by Guidelines for wage/salaried borrowers. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Acknowledged-Transcripts received dated after closing date - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | |||
| REDACTED | 835784 | D | B | D | B | A | A | D | B | Closed | FCRE1365 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | D | B | Credit | Missing Doc | Borrower 2 IRS Transcripts Missing | Acknowledged-Transcripts received dated after closing date - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Pending transcripts - no new docs uploaded for this condition. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 2 IRS Transcripts Missing - Missing Borrower 2 W2 transcripts required by Guidelines for wage/salaried borrowers. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Acknowledged-Transcripts received dated after closing date - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | |||
| REDACTED | 835784 | D | B | D | B | A | A | D | B | Closed | FCRE1764 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | D | B | Credit | Missing Doc | Missing Verification of Mortgage | Acknowledged-FIrst mortgage statement dated within 60 days received. Mortgage statement is dated after note and disbursement date. CLTV calculated on balance at time of closing, not balance post-close. - Due Diligence Vendor-REDACTED Open-First mortgage statement within 60 days of note date required. 1st mtg statement on this property (pg 90) is dated REDACTED, over 60 days from note date. - Due Diligence Vendor-REDACTED |
Acknowledged-FIrst mortgage statement dated within 60 days received. Mortgage statement is dated after note and disbursement date. CLTV calculated on balance at time of closing, not balance post-close. - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | |||||
| REDACTED | 835784 | D | B | D | B | A | A | D | B | Closed | FPRO1139 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | A | B | Property | Appraisal | Secondary Valuation Date is after the Note Date | Acknowledged-Lender uploaded a doc for another condition to this condition. Updated. THis condition - Desk review, required as secondary value per guidelines for investment property, completed and received after note date. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Acknowledged-Desk review, required as secondary value per guidelines for investment property, completed and received after note date. - Due Diligence Vendor-REDACTED Rescinded-Secondary Valuation Date is after the Note Date of REDACTED - Due Diligence Vendor-03/07/2025 |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Acknowledged-Lender uploaded a doc for another condition to this condition. Updated. THis condition - Desk review, required as secondary value per guidelines for investment property, completed and received after note date. - Due Diligence Vendor-REDACTED Acknowledged-Desk review, required as secondary value per guidelines for investment property, completed and received after note date. - Due Diligence Vendor-REDACTED Rescinded-Secondary Valuation Date is after the Note Date of REDACTED- Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | |||
| REDACTED | 835784 | D | B | D | B | A | A | D | B | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Final title policy matches recorded warranty deed vesting. Okay to proceed. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Property Title Issue 1. Vesting to be confirmed. Title (pg 166) - has a requirement for the deed to be recorded to take the property from the trust to the name of REDACTED. Final Title Policy needed. 2. - Title Policy requirement section requests for original Trust certification/Disclosure executed within 30 days of closing and stated that 'thesame person cannot be the sole trustee and the sole beneficiary. Upon review of the Certificate of Trust, Audit observed that Beneficiary is thesame as Trustee being REDACTED . page 166,683-686 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Final title policy matches recorded warranty deed vesting. Okay to proceed. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 864016 | D | A | D | A | D | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Hardship documentation for deferral modfication received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please see attached hardship documentation we had in file but did not image. - Seller-REDACTED Counter-Modification includes a deferred balance. Deferred balance was not paid through closing (guidelines section 2.3 ineligible senior liens). Documented hardship must be shown for deferred balance to remain open/not paid at closing. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please see attached Credit report, showingREDACTED- high loan amount of REDACTED Mort Statement and Loan MOD. - Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. 1. There is no VOM on the file. Mortgage statement for subject property dated within 60 days of the note date is required. 2. Verification/Documentation of principal deferment/modification to first mortgage. Original DOT amount is REDACTED. Current high loan amount is REDACTED. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please see attached hardship documentation we had in file but did not image. - Seller-REDACTED Ready for Review-Document Uploaded. Please see attached Credit report, showing REDACTED - high loan amount of REDACTED. Mort Statement and Loan MOD. - Seller-REDACTED |
Resolved-Hardship documentation for deferral modfication received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 864016 | D | A | D | A | D | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Removed from FTP - Due Diligence Vendor-REDACTED Ready for Review-Please see attached FTP - Seller-03/19/2025 Open-Property Title Issue 1. Verification that property tax lien in the amount of REDACTEDrecorded REDACTED or tax year REDACTED has been paid in full and is clear from title is required. - Due Diligence Vendor-REDACTED |
Ready for Review-Please see attached FTP - Seller-REDACTED |
Resolved-Removed from FTP - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 864016 | D | A | D | A | D | A | A | A | Closed | FCRE1148 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please see attached FTP - Seller-REDACTED Open-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) There is no Policy amount on the Title and there is no Title Supplement provided. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please see attached FTP - Seller-REDACTED |
Resolved-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 864016 | D | A | D | A | D | A | A | A | Closed | FCOM5135 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please see attached. - Seller-REDACTED Counter-No document upload came through. Will you please reupload? - Due Diligence Vendor-REDACTED Ready for Review-Please see attached. - Seller-REDACTED Open-Required Affiliated Business Disclosure Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please see attached. - Seller-REDACTED Ready for Review-Please see attached. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 889388 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||
| REDACTED | 830562 | D | A | D | A | A | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-First mtg stmt in file is older then 60 days from note date. First mortgage stmt within 60 days of note date required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 830562 | D | A | D | A | A | A | A | A | Closed | FCRE1167 | REDACTED | REDACTED | 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-RCE-coverage letter provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage of REDACTED is less than all Subject Lien(s), and Guaranteed Replacement Coverage is provided but Replacement Cost Estimator by Insurer was not Provided Required coverage is REDACTEDor need RCE - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-RCE-coverage letter provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 830562 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Verified there is no encumbrance on the property from REDACTED. Resolved. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-REDACTED lien on title, #12 - pg 163 - must be paid off/removed. REDACTED is not in the list of payoffs on the Final CD. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Verified there is no encumbrance on the property from REDACTED. Resolved. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 874829 | D | B | D | B | A | A | A | A | Closed | FCRE1964 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | D | B | Credit | Missing Doc | Missing income documentation | Acknowledged- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please see updated P&L. Thank you! - Seller-REDACTED Counter-Last date of income documented is REDACTED, which is more than 60 days from note date. Income is required to be within 60 days of note date. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. From our underwriter: I provided a P & L that was from REDACTED and the borrower signed it REDACTED. I did not see in our guidelines where it had to be within 60 days of the Note date and when I cleared the file on REDACTED I was within 60 days. This is our guideline and I felt I met it. Current YTD P&L, signed by the borrower, including business sales, expenses, and net income up to and including the most recent month preceding the loan application date is attached. - Seller-REDACTED Open-1.REDACTED P&L income not within 60 days of note date 2. REDACTED verification of business not located in file - Due Diligence Vendor-REDACTED |
Borrower supporting P&L received. P&L is dated and signed by borrower after note & disbursment date. YTD P&L supports income calculation used for qualifying. - REDACTED Ready for Review-Document Uploaded. Please see updated P&L. Thank you! - SellerREDACTED Ready for Review-Document Uploaded. From our underwriter: I provided a P & L that was from REDACTED and the borrower signed it REDACTED. I did not see in our guidelines where it had to be within 60 days of the Note date and when I cleared the file on REDACTED I was within 60 days. This is our guideline and I felt I met it. Current YTD P&L, signed by the borrower, including business sales, expenses, and net income up to and including the most recent month preceding the loan application date is attached. - Seller-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | ||||
| REDACTED | 874829 | D | B | D | B | A | A | A | A | Closed | FCRE1349 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Borrower 2 Total Years Employment Verified is Less Than 12 Months | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. From out underwriter: REDACTED was previously self employed and it is reflected on the tax returns prior to REDACTED when she started a w-2 wage earning job that was used to qualify and the tax returns are in the file to show prior employment history for her. I also uploaded a business license and printout for borrower and co borrower to show the SE business in employment section that should satisfy the VOE information needed. Let me know if anything else is needed . - Seller-REDACTED Open-Borrower 2 started their current position in REDACTED. There is no employment/income verification provided prior to that. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. From out underwriter: REDACTED was previously self employed and it is reflected on the tax returns prior to REDACTED when she started a w-2 wage earning job that was used to qualify and the tax returns are in the file to show prior employment history for her. I also uploaded a business license and printout for borrower and co borrower to show the SE business in employment section that should satisfy the VOE information needed. Let me know if anything else is needed . - Seller-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 851378 | D | A | D | A | C | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Document Uploaded. 1st mortgage statement within 60 dates of note date received - Due Diligence Vendor-REDACTED Ready for Review-the mrtg statement was created REDACTED and the note date is REDACTED... REDACTED days there is a credit supp in file that provides a rating through REDACTED5. will that suffice in clearing this condition? - Seller-REDACTED Counter-The mortgage statement creation date is REDACTED, which is more than REDACTED days from the note date of REDACTED - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. morning I am not sure if you didnt receive the mortgage statement but it seems to be within 60 days.. can you please review and let me know. - Seller-REDACTED Counter-Guidelines dated REDACTED - Page 8 - Section 2.3 - A copy of the most current 1st mortgage statement is required to determine eligibility. Statement date to be within 60 days of Note date. Additional 1st mortgage documentation may be required to provide sufficient data for underwriting. First mortgage statement within 60 days of note date is required. Stmt in file is over 60 days old. - Due Diligence Vendor-REDACTED Ready for Review-the matrix shows Credit Review Documentation can be no more than REDACTEDdays old and we have a mortgage statement in the file as well as an REDACTED showing the mortgage is current. - Seller-REDACTED Open-First mortgage statement within 60 days of note date is required. Stmt in file is over 60 days old. - Due Diligence Vendor-REDACTED |
Ready for Review-the mrtg statement was created REDACTED and the note date is REDACTED... REDACTEDdays there is a credit supp in file that provides a rating through REDACTED. will that suffice in clearing this condition? - Seller-REDACTED Ready for Review-Document Uploaded. morning I am not sure if you didnt receive the mortgage statement but it seems to be within 60 days.. can you please review and let me know. - Seller-REDACTED Ready for Review-the matrix shows Credit Review Documentation can be no more than REDACTED days old and we have a mortgage statement in the file as well as an REDACTED showing the mortgage is current. - Seller-REDACTED |
Resolved-Document Uploaded. 1st mortgage statement within 60 dates of note date received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 851378 | D | A | D | A | C | A | A | A | Closed | FCOM4438 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Final CD: Closing Date is missing or inaccurate | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-PCCD received. Note Date and DOT date are REDACTED. PCCD and other closing docs signed REDACTED. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. please see attached PCCD (not a wet state) - Seller-REDACTED Open-All closing documents to be corrected other than Right to Cancel. Note date, deed of trust date, final 1003, and final CD closing date all show REDACTED. All closing documents are signed and dated REDACTED. (Right to Cancel was corrected to REDACTED.) - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. please see attached PCCD (not a wet state) - Seller-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 865350 | D | A | D | A | A | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-Resolved via lender explanation and docs - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. radius financial group originated the current 1st lien mortgage on REDACTED, attached is the note and mortgage from that transaction. The borrower used to live at REDACTED so it appears that when the loan was sold to REDACTED they had a typographical error on statement. Please also review the original balance and interest rate on the REDACTED statement to further confirm it is truly the mortgage for REDACTED. - Seller-REDACTED Open-REDACTED mortgage statement pg 364 reflects property address of REDACTED. Other mtg stmts in file match property addresses disclosed on 1003 & tax return. A VOM/first mortgage statement for this property, reflecting the correct property address of REDACTED is required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. radius financial group originated the current 1st lien mortgage on REDACTED, attached is the note and mortgage from that transaction. The borrower used to live at REDACTED so it appears that when the loan was sold to REDACTED they had a typographical error on statement. Please also review the original balance and interest rate on the REDACTED statement to further confirm it is truly the mortgage for REDACTED. - Seller-REDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-Resolved via lender explanation and docs - Due Diligence VendorREDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 865350 | D | A | D | A | A | A | A | A | Closed | FCRE1180 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | HO-6 Insurance Policy is Missing | Resolved-HO-6 Insurance Policy is fully present - Due Diligence Vendor-REDACTED Resolved-All-in coverage stated & defined on HOI - acceptable per FNMA guidelines - resolved - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. master policy contains "walls-in with improvements and betterments" - Seller-REDACTED Open-HO-6 Insurance Policy is Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. master policy contains "walls-in with improvements and betterments" - Seller-REDACTED |
Resolved-HO-6 Insurance Policy is fully present - Due Diligence Vendor-REDACTED Resolved-All-in coverage stated & defined on HOI - acceptable per FNMA guidelines - resolved - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 892475 | D | A | D | A | A | A | A | A | Closed | FCRE1158 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-RCE received, coverage acceptable. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-HOI coverage is not sufficient for total of all liens (REDACTED). here was no replacement cost estimator located in the file. Coverage A must cover the total amount of all liens without a replacement cost estimate from agent in file. - Due Diligence Vendor-REDACTED Ready for Review-There are other structures REDACTED coverage so the total is REDACTED - Seller-REDACTED Counter-HOI Premium received. HOI coverage is not sufficient for total of all liens (REDACTED). Coverage amount of REDACTED is less than total of all liens. There was no replacement cost estimator located in the file. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Hazard Insurance Policy Partially Provided Annual premium is missing from the hazard insurance declaration page (p. 276). Coverage amount of REDACTED is less than total of all liens. There was no replacement cost estimator located in the file. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-There are other structures REDACTED coverage so the total is REDACTED - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-RCE received, coverage acceptable. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 892475 | D | A | D | A | A | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-Statement received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please see attached supplement and other docs - Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. VOM for primary residence with REDACTED is missing from file. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please see attached supplement and other docs - Seller-REDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-Statement received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 892475 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please see attached FTP - Seller-REDACTED Open-The preliminary title commitment in file (pg 283) does not list the coverage amount. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please see attached FTP - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 880086 | C | A | C | A | A | A | A | A | Closed | FCRE0360 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Resolved-Jan stmt received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. mrtg statement - Seller-REDACTED Counter-Exceptions require REDACTED documented approval & a completed exception waiver form. A first mortgage statement dated within 60 days of the note date is required per guidelines. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. The Mtg statement in file is dated REDACTED but the payment is current per the REDACTED dated REDACTED. Please waive. - Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Mortgage statement dated REDACTED exceeds 60 days allowed by Guidelines from Note date REDACTED page 527,744 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. mrtg statement - Seller-REDACTED Ready for Review-Document Uploaded. The Mtg statement in file is dated REDACTED but the payment is current per the REDACTED dated REDACTED. Please waive. - Seller-REDACTED |
Resolved-REDACTED stmt received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 814798 | C | A | A | A | C | A | A | A | Closed | finding-3635 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% (REDACTED) exceed the comparable charges (REDACTED) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). THE FOLLOWING FEES INCREASED FROM THE INITIAL LE TO THE FINAL CD IN THE AMOUNT OF REDACTED; LENDERS TITLE INSURANCE (REDACTED), PROPERTY CONDITION INSPECTION (REDACTED), RECORDING SERVICE FEE (REDACTED), TITLE COURIER FEE (REDACTED), AND TITLE ENDORSEMENT FEE (REDACTED). NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 814798 | C | A | A | A | C | A | A | A | Closed | finding-3634 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is REDACTED.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). there was no AVM fee disclosed on the initial le. an avm fee was disclosed in the amount of REDACTED on the final cd. no coc or reimbursement was located in the file. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 814798 | C | A | A | A | C | A | A | A | Closed | finding-3631 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. There was no AVM fee disclosed on the initial le. An AVM fee was disclosed in the amount of REDACTED on the final cd. THE FOLLOWING FEES INCREASED FROM THE INITIAL LE TO THE FINAL CD IN THE AMOUNT OF REDACTED; LENDERS TITLE INSURANCE (REDACTED), PROPERTY CONDITION INSPECTION (REDACTED), RECORDING SERVICE FEE (REDACTED, TITLE COURIER FEE (REDACTED), AND TITLE ENDORSEMENT FEE (REDACTED). No coc or reimbursement was located in the file. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 864388 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||
| REDACTED | 815465 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||
| REDACTED | 830186 | D | A | D | A | C | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. updated title commitment uploaded - Seller-REDACTED Open-Preliminary title commitment shows coverage less than loan amount. Updated title coverage needed. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. updated title commitment uploaded - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 830186 | D | A | D | A | C | A | A | A | Closed | finding-3634 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. COC uploaded - Buyer-REDACTED Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is REDACTED.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). THE LOAN ORIGINATION FEE WAS DISCLOSED IN THE AMOUNT OF REDACTED ON THE INITIAL LE. THE LOAN ORIGINATION FEE INCREASED TO THE AMOUNT OF REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 830186 | D | A | D | A | C | A | A | A | Closed | finding-3631 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. COC uploaded - Buyer-REDACTED Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. THE LOAN ORIGINATION FEE WAS DISCLOSED IN THE AMOUNT OF REDACTED ON THE INITIAL LE. THE LOAN ORIGINATION FEE INCREASED TO THE AMOUNT OF REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 830186 | D | A | D | A | C | A | A | A | Closed | FCRE5790 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Buyer-REDACTED Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). The most recent Credit Report in the file is dated REDACTED. The Note is dated REDACTED. - Due Diligence Vendor-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 830186 | D | A | D | A | C | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-First mtg stmt within 60 days of note date required. Stmt in file (pg 362) is dated REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 875694 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached tax search reflecting no taxes due. Thanks! - Buyer-REDACTED Open-Verification that all unpaid taxes are paid in full (not on CD) Title #7 or verification this is removed from final title pg 401 - Due Diligence Vendor-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 875694 | D | A | D | A | A | A | A | A | Closed | FCRE1316 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached prior to close VVOE. Thanks! - Buyer-REDACTED Open-Borrower 1 3rd Party VOE Prior to Close Missing There is no VOE in the file. - Due Diligence Vendor-REDACTED |
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 890487 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | ||||||||||||||||
| REDACTED | 847146 | D | B | D | A | A | A | B | B | Closed | FVAL4521 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | B | B | Property | Appraisal | Appraisal dated after closing | Acknowledged-AVM is primary value. PCI required with AVM is not dated until after closing and disbursement. PCI dated REDACTED. - Due Diligence Vendor-REDACTED | Acknowledged-AVM is primary value. PCI required with AVM is not dated until after closing and disbursement. PCI dated REDACTED. - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | Originator Post-Close | No | |||||
| REDACTED | 847146 | D | B | D | A | A | A | B | B | Closed | FCRE5782 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Resolved-UDN monitoring page 2 - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Resolved-UDN monitoring page 2 - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 894204 | D | A | D | A | C | A | A | A | Closed | FCRE1326 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 YTD Profit & Loss Missing | Resolved-TPR received P&L. Net profit REDACTED used for income vs. REDACTED from lender. No depreciation added back. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Income Calculation worksheets submitted. Please submit the actual P&L statements. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. income worksheet - Seller-REDACTED Open-Borrower 1 YTD Profit & Loss Missing 12 MONTH P&L USED TO QUALIFY IS MISSING FROM LOAN FILE. INCOME CALCULATION SHEET IS ON PAGE 244. UNABLE TO VERIFY - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. income worksheet - Seller-REDACTED |
Resolved-TPR received P&L. Net profit REDACTED used for income vs. REDACTED from lender. No depreciation added back. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 894204 | D | A | D | A | C | A | A | A | Closed | FCOM2276 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Final CD: Disbursement Date is missing or inaccurate | Resolved-PCCD received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. please see PCCD file didnt fund until REDACTED - Seller-REDACTED Open-Final CD (pg 68) reflects disbursement date as REDACTEDwhich is the last date of the right to rescind. PCCD required reflecting correct/actual disbursement date. Loan cannot disburse prior to end of right to cancel period. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. please see PCCD file didnt fund until REDACTED- Seller-REDACTED |
Resolved-PCCD received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 894204 | D | A | D | A | C | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Delinquent Taxes removed from final title policy - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Property Title Issue PRELIMINARY TITLE REFLECTS PAST DUE TAXES. TWO LINE ITEMS WERE PAID AT CLOSING-SEE CD REDACTED SECTION REDACTED. There are two remaining open delinquent tax amounts on title for REDACTED - proof both were paid at or before closing is required. - Due Diligence VendorREDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Delinquent Taxes removed from final title policy - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 894204 | D | A | D | A | C | A | A | A | Closed | FCRE7810 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Title issue | Resolved-Title coverage received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. final title policy - Seller-REDACTED Open-PRELIMINARY TITLE POLICY IS MISSING LOAN AMOUNT OF REDACTED. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. final title policy - Seller-REDACTED |
Resolved-Title coverage received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 894204 | D | A | D | A | C | A | A | A | Closed | FCRE5770 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. credit report - Seller-REDACTED Open-Borrower 1 Credit Report is Missing. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. credit report - Seller-REDACTED |
Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 894204 | D | A | D | A | C | A | A | A | Closed | FCRE5782 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. credit refresh - Seller-REDACTED Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. credit refresh - Seller-REDACTED |
Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 850954 | D | A | D | A | D | A | A | A | Closed | FCRE1347 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 3rd Party VOE Prior to Close Missing | Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 2 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (REDACTED) - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 850954 | D | A | D | A | D | A | A | A | Closed | FCOM5135 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Required Affiliated Business Disclosure Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 877572 | C | A | A | A | C | A | A | A | Closed | finding-3652 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Sent in coc - Seller-REDACTED Open-This loan failed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits (REDACTED) does not exceed or equal the comparable sum of specific and non-specific lender credits (REDACTED). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). A LENDER CREDIT WAS DISCLOSED IN THE AMOUNT OF REDACTED ON THE INITIAL LE. THE LENDER CREDIT DECREASED TO THE AMOUNT OF REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Sent in coc - Seller-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 877572 | C | A | A | A | C | A | A | A | Closed | finding-3634 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is REDACTED.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). A LOAN ORIGINATION FEE WAS DISCLOSED IN THE AMOUNT OF REDACTED ON THE INITIAL LE. THE LOAN ORIGINATION FEE INCREASED TO THE AMOUNT OF REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 877572 | C | A | A | A | C | A | A | A | Closed | finding-3631 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. A LENDER CREDIT WAS DISCLOSED IN THE AMOUNT OF REDACTED ON THE INITIAL LE. THE LENDER CREDIT DECREASED TO THE AMOUNT OF REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. A LOAN ORIGINATION FEE WAS DISCLOSED IN THE AMOUNT OF REDACTED ON THE INITIAL LE. THE LOAN ORIGINATION FEE INCREASED TO THE AMOUNT OF REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 840466 | D | A | D | A | D | A | A | A | Closed | FCRE7497 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received, full PITI counted in DTI calculations - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Verification of new PITI on new investment property which is what the use of the cash out is for. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received, full PITI counted in DTI calculations - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 840466 | D | A | D | A | D | A | A | A | Closed | FCRE4989 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Closing | Collections, liens or judgments not paid at closing | Resolved-Updated title policy received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Item #1 - title - verification delinquent taxes were paid prior to closing, not on CD as a payoff. Delinquent total REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Updated title policy received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 840466 | D | A | D | A | D | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. First mortgage statement within 60 days of note date is missing. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 840466 | D | A | D | A | D | A | A | A | Closed | FCOM5135 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Required Affiliated Business Disclosure Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 815591 | D | A | D | A | D | A | A | A | Closed | FCOM1227 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | PUD Rider is Missing | Resolved-Signed PUD rider and letter received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Signed PUD rider attached Can this file be cleared for Funding with what you have? The letter of Intent and the signed PUD rider? - Seller-REDACTED Counter-The PUD rider uploaded is not signed. Please provide a copy of the PUD rider that was submitted for recording to go in conjunction with the letter submitted. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Please provide a copy of the PUD rider that was submitted for recording to go in conjunction with the letter submitted. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi this is the email message and intent to re-record letter. **** Sorry for the late response! The county is still processing. Attached is a letter of intent to record. As soon as we have any update from the county I’ll share it with you. (could we get this condition cleared to fund the file knowing this is in process Thanks so much - Seller-REDACTED Open-PUD Rider is Missing - Due Diligence Vendor-REDACTED Open- - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Signed PUD rider attached Can this file be cleared for Funding with what you have? The letter of Intent and the signed PUD rider? - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. Hi this is the email message and intent to re-record letter. **** Sorry for the late response! The county is still processing. Attached is a letter of intent to record. As soon as we have any update from the county I’ll share it with you. (could we get this condition cleared to fund the file knowing this is in process Thanks so much - Seller-REDACTED |
Resolved-Signed PUD rider and letter received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 815591 | D | A | D | A | D | A | A | A | Closed | FCOM8804 | REDACTED | REDACTED | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing Loan program disclosure | Resolved-UW approval received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Final 1008 is Attached - Seller-REDACTED Open-Missing 1008/UW Approval document - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Final 1008 is Attached - Seller-REDACTED |
Resolved-UW approval received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 815591 | D | A | D | A | D | A | A | A | Closed | FCRE1201 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing Third Party Fraud Report - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 815591 | D | A | D | A | D | A | A | A | Closed | FCOM1233 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-The Final 1003 is Present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-The Final 1003 is Incomplete final 1003 for borrower 2 is missing retirement income in the amount of REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-The Final 1003 is Present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 821745 | D | A | D | A | A | A | A | A | Closed | FCRE5790 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Borrower 1 Gap Credit Report is not expired. - Due Diligence Vendor-REDACTED Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). GAP REPORT IS DATED REDACTED NOTE DATE IS REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 Gap Credit Report is not expired. - Due Diligence Vendor-REDACTED Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 821745 | D | A | D | A | A | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hello, please see attached Mortgage Statement - Seller-REDACTED Counter-First mtg stmt uploaded is not on this property. Stmt received is on REDACTED. First mtg stmt for REDACTED is needed. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. First mortgage statement within 60 days of note date is missing from the file. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Hello, please see attached Mortgage Statement - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 821745 | D | A | D | A | A | A | A | A | Closed | FCRE8611 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-DOCUMENTATION SHOWING RECEIPT OF COMMISSION INCOME IS MISSING. 1008 NOTE ON [PAGE 215 STATES INCOME WAS VALIDATED WITH REDACTED COMMISSION STATEMENT FROM EMPLOYER) - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 821745 | D | A | D | A | A | A | A | A | Closed | FCRE8201 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Resolved - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Our borrower is a REDACTED for REDACTED. Attached is the documentation that shows our borrower has NO ownership. - Seller-REDACTED Open-1099 income used to qualify: per guidelines. Borrower cannot have any ownership interest in the company(s) providing 1099 income. 1099 shows the REDACTED-see pg 281; CPA letter see pg 282 states borrower has been self employed since REDACTED. Business license matches name on 1099 REDACTED - page 285. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Our borrower is a REDACTED for REDACTED. Attached is the documentation that shows our borrower has NO ownership. - Seller-REDACTED |
Resolved-Resolved - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 818588 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||
| REDACTED | 899466 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||
| REDACTED | 892947 | D | A | D | A | D | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Yes, no record of return is accepted for REDACTED at this time. Two years has to be shown. Thank you. - Due Diligence Vendor-REDACTED Ready for Review-Please advise if you'd like to see no record of return for REDACTED? Underwriter closed with REDACTED. But the REDACTED are not yet available. So, all we will get is no record. - Seller-REDACTED Open-REDACTEDonly in file. 2 yrs W2 transcripts required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Please advise if you'd like to see no record of return for REDACTED? Underwriter closed with REDACTEDs. But the REDACTED are not yet available. So, all we will get is no record. - Seller-REDACTED |
Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 892947 | D | A | D | A | D | A | A | A | Closed | FCRE1365 | REDACTED | REDACTED | 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-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Yes, no record of return is accepted for REDACTED at this time. Two years has to be shown. Thank you. - Due Diligence Vendor-REDACTED Ready for Review-Please advise if you'd like to see no record of return for REDACTED? Underwriter closed with REDACTED. But the REDACTED are not yet available. So, all we will get is no record. - Seller-REDACTED Open-REDACTED only in file. 2 yrs W2 transcripts required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Please advise if you'd like to see no record of return for REDACTED? Underwriter closed with REDACTED. But the REDACTED are not yet available. So, all we will get is no record. - Seller-REDACTED |
Resolved-Borrower 2 IRS Transcripts Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 892947 | D | A | D | A | D | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Mtg stmt received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. There is no VOM in the file. First mortgage stmt within 60 days of note date required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Mtg stmt received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 892947 | D | A | D | A | D | A | A | A | Closed | finding-3635 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please see attached Post CD, fees decreased. POST CD was included in closing package, please see pages 18 - 23 out of 386. No reimbursement needed. - Seller-REDACTED Open-This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($501.00) exceed the comparable charges (REDACTED) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). THE RECORDING FEE WAS DISCLOSED IN THE AMOUNT OF REDACTED ON THE INITIAL LE. THE RECORDING FEE INCREASED TO THE AMOUNT OF REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please see attached Post CD, fees decreased. POST CD was included in closing package, please see pages 18 - 23 out of 386. No reimbursement needed. - Seller-REDACTED |
Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 892947 | D | A | D | A | D | A | A | A | Closed | finding-3631 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. The recording fee in the amount of REDACTED was on the Final CD, please see attached POST CD. It is reflecting REDACTED. Post CD was sent in closing package, see pages 18 - 23 out of 386. No reimbursement needed. - Seller-REDACTED Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. THE RECORDING FEE WAS DISCLOSED IN THE AMOUNT OF REDACTED ON THE INITIAL LE. THE RECORDING FEE INCREASED TO THE AMOUNT OF REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. The recording fee in the amount of REDACTED was on the Final CD, please see attached POST CD. It is reflecting REDACTED. Post CD was sent in closing package, see pages 18 - 23 out of 386. No reimbursement needed. - Seller-REDACTED |
Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 892947 | D | A | D | A | D | A | A | A | Closed | FCOM5135 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Required Affiliated Business Disclosure Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 876546 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||
| REDACTED | 872191 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||
| REDACTED | 878314 | D | A | D | A | C | A | A | A | Closed | FCRE1437 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Settlement statement received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Income and Employment Do Not Meet Guidelines 1008 comments indicate borrwer is refinancing property at REDACTED, but supporting documentation is needed. Lender excluded second mortgages with monthly payment of REDACTED and REDACTED on final 1003 for other REO at REDACTED from DTI with no supporting documentation. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Settlement statement received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 878314 | D | A | D | A | C | A | A | A | Closed | FCRE8946 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income documentation expiration dates | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-REDACTED guidelines dated REDACTED - page 9. Seasoning and Loan Doc requirements. Age of documents from note date: Income docs - 60 days. **Note date is REDACTED. Last date on P&L is REDACTED. This is more than 60 days. - Due Diligence Vendor-0REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Income documentation is required to be within 60 days of note date. Note date is REDACTED. Last date on P&L is REDACTED. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 878314 | D | A | D | A | C | A | A | A | Closed | FCRE2109 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Same income worksheet as in file submitted. Lender worksheet on page 173 does not include a minimum REDACTED% expense factor. Lender will need an updated income worksheet to include expense factor with new, updated P&L income that is not expired. TPR comments: Lender income calculation is REDACTED. Lender income calculation did not include REDACTED expense factor. 24 month P&L - REDACTED. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-0REDACTED Open-Lender worksheet on page 173 does not include a minimum REDACTED% expense factor. Lender will need an updated income worksheet to include expense factor with new, updated P&L income that is not expired. TPR comments: Lender income calculation is REDACTED. Lender income calculation did not include REDACTED expense factor. 24 month P&L - REDACTED. - Due Diligence Vendor-REDACTED |
. -REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 878314 | D | A | D | A | C | A | A | A | Closed | FCRE1201 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing Third Party Fraud Report - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 878314 | D | A | D | A | C | A | A | A | Closed | finding-47 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-PCCD indicating disbursement date of REDACTED received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation.The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. the date of disbursement from the final cd is REDACTED. the borrower signed and dated the notice of the right to cancel on REDACTED and the last date to cancel was changed and initialized to REDACTED. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-PCCD indicating disbursement date of REDACTED received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 803356 | D | A | D | A | A | A | A | A | Closed | FCRE1326 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 YTD Profit & Loss Missing | Resolved-Borrower 1 YTD Profit & Loss Provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 YTD Profit & Loss Missing There are no income documents in the file. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 YTD Profit & Loss Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 803356 | D | A | D | A | A | A | A | A | Closed | FCRE1345 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Lease Agreements Missing | Resolved-Borrower 1 Lease Agreements Provided - Due Diligence Vendor-REDACTED Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 Lease Agreements Missing Supporting documentation for the Rental income from REDACTED has not been provided. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 Lease Agreements Provided - Due Diligence Vendor-REDACTED Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 803356 | D | A | D | A | A | A | A | A | Closed | FCRE1334 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Executed 4506-T Missing | Resolved-Borrower 1 Executed 4506-T Provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open- - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 Executed 4506-T Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 803356 | D | A | D | A | A | A | A | A | Closed | FCRE6763 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income documentation does not meet guidelines | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-CPA letter needed with P&L (already received) to verify CPA is who signed the P&L. A signed letter from the CPA, CTEC (CA Tax Education Council) or EA (Enrolled Agent) on their business letterhead showing address, phone number, and license number is required with the following information: o CPA/CTEC/EA confirms they have prepared the most recent year’s business tax return filing; and, o The business name, borrower’s name, and percentage of business ownership by the borrower. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 803356 | D | A | D | A | A | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-First mortgage statement within 60 days of note date required. Stmt in file is from REDACTED. **First lien is REDACTED. Max DTI is REDACTED%.** - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 803356 | D | A | D | A | A | A | A | A | Closed | FCRE2109 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open- - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 803356 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Coverage received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Title coverage amount is not stated on preliminary title report - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Coverage received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 861148 | B | B | B | B | B | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Waived | 2 - Non-Material | B | B | Credit | Title | Property Title Issue | Waived-Property Title Issue - Loan was originated on REDACTED, as a result, applicable guidelines is dated REDACTED, however, lender approved guidelines exception to use guidelines dated REDACTED to allow UCC filing and subordination for Solar lien to remain on the Title policy based on the compensating factors listed below. Balance of solar lien is REDACTED on coborrower's liabilities. page 1,705,740 - Due Diligence Vendor-REDACTED |
Waived-Property Title Issue - Loan was originated on REDACTED, as a result, applicable guidelines is dated REDACTED, however, lender approved guidelines exception to use guidelines dated REDACTED to allow UCC filing and subordination for Solar lien to remain on the Title policy based on the compensating factors listed below. Balance of solar lien is REDACTED on coborrower's liabilities. page 1,705,740 - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | Originator Pre-Close | Yes | ||||
| REDACTED | 861148 | B | B | B | B | B | A | A | A | Closed | FCOM8804 | REDACTED | REDACTED | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing Loan program disclosure | Resolved-Updated form, received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see revised exception description #1. Thanks! - Buyer-REDACTED Open-Updated exception form needed. CLTV with first, solar balance, and second is REDACTED%, still within max REDACTED% per matrix. - Due Diligence Vendor-REDACTED |
Resolved-Updated form, received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 823509 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||
| REDACTED | 817612 | C | A | C | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Resolved - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Buyer-REDACTED Open-Vesting shown on the Deed of Trust (pg 581), Title Commitment (pg 568) and URLA/Lender Loan Information (pg 928). Need a copy of the Trust Certificate listed on title commitment. - Due Diligence Vendor-REDACTED |
Resolved-Resolved - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 838021 | C | A | C | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-UCC removed from final title - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. final title policy attached. UCC was paid through closing and removed. - SellerREDACTED Open-Property Title Issue - Missing evidence of Release of or Termination of UCC-1 Financing Statement recorded REDACTED. (TPR noted email in file and UW comments on 1008, however there is no documentation in the file to tie the payoffs on the CD to the UCC filing.) Verification the UCC is removed from title is required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. final title policy attached. UCC was paid through closing and removed. - Seller-REDACTED |
Resolved-UCC removed from final title - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 806159 | D | A | D | A | A | A | A | A | Closed | FCRE1167 | REDACTED | REDACTED | 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-Sufficent Hazard Insurance Coverage is provided. Updated RCE received. Coverage A is sufficient. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage of REDACTED is less than all Subject Lien(s), and Guaranteed Replacement Coverage is provided but Replacement Cost Estimator by Insurer was not Provided The RCE in file is from REDACTED. An updated/current RCE is required or additional Coverage A to cover all liens is required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Sufficent Hazard Insurance Coverage is provided. Updated RCE received. Coverage A is sufficient. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 806159 | D | A | D | A | A | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-Borrower in current primary REDACTED months. Mtg pymt history on that property verified with credit report. Borrower previous primary is this property per 1003. Mortgage payment history on this property verified REDACTED months with credit report & statement in file. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Primary residence mortgage verification only shows REDACTED months. Need REDACTED months of primary residence payment history verification. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-Borrower in current primary REDACTED months. Mtg pymt history on that property verified with credit report. Borrower previous primary is this property per 1003. Mortgage payment history on this property verified REDACTED months with credit report & statement in file. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 832512 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||
| REDACTED | 832627 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Updated title received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Attached is the revised commitment not showing a requirement to pay the 1st THanks! - Seller-REDACTED Open-PTC (pg 615) Schedule B, Part I exception #7 indicates payment and release of 1st mtg is required. This is a 2nd lien and 1st lien is not being paid off/released. Updated title doc needed removing this requirement. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Attached is the revised commitment not showing a requirement to pay the 1st THanks! - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Updated title received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 832627 | D | A | D | A | A | A | A | A | Closed | FCRE9000 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Mortgage Statement | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please find REDACTED Up to date mortgage Stmt for loan clearance for funding !! Thank you - Seller-REDACTED Open-Missing first mortgage statement dated within 60 days of note date. The mortgage statement (pg 284) in file is greater than 60 days prior to note date. Mortgage statement date is REDACTED and note date is REDACTED. Updated first mortgage statement is required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please find Penny mac Up to date mortgage Stmt for loan clearance for funding !! Thank you - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 832627 | D | A | D | A | A | A | A | A | Closed | FCRE1201 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. REDACTED attached - Seller-REDACTED Open-Missing Third Party Fraud Report Guidelines page 18 require that all loans must be submitted to an automated fraud and data check tool (i.e. REDACTED, etc.). A copy of the findings report must be provided in the loan file along with any documentation resolving any deficiencies or red flags noted. However, no automated fraud and data check tool was located in the file during review. The automated fraud and data check tool is missing. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Fraud Guard attached - Seller-REDACTED |
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 832627 | D | A | D | A | A | A | A | A | Closed | FCRE4001 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing 1008/UW Approval Document | Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing 1008/UW Approval Document A 1008 or Approval is required. However, no 1008 or Approval was located in the file during review. The 1008 or Approval is missing. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 818408 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Preliminary Title does not list coverage amount - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 818408 | D | A | D | A | A | A | A | A | Closed | FCRE2109 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open- - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 848217 | D | A | D | A | A | A | A | A | Closed | FCRE1964 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing income documentation | Resolved-Supporting P&Ls including YTD received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. YTD and REDACTED P&Ls attached - Buyer-0REDACTED Open-REDACTED P&L referenced on UW income worksheet but not able to locate in file. Current YTD P&L income within 60 days of note date or REDACTED months bank statements within 60 days of note date required to support tax return income. - Due Diligence Vendor-REDACTED |
Resolved-Supporting P&Ls including YTD received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 848217 | D | A | D | A | A | A | A | A | Closed | FCRE1201 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Fraud report attached - Buyer-REDACTED Open-Missing Third Party Fraud Report - Due Diligence Vendor-REDACTED |
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 875831 | D | A | C | A | D | A | A | A | Closed | FCRE4963 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Debt | No evidence of required debt payoff | Resolved-Confirmed unpaid secondary first mortgage balance of REDACTED was paid with disbursement statement/final HUD & PCCD. Resolved. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please see attached correct Post CD that is in file but was not imaged with closing package. The balance was paid at closing. See attached final settlement statement for proof. - Seller-REDACTED Open-Verification of unpaid secondary first mortgage balance of REDACTED (pg 162). Per guidelines, deferred amounts on first lien are required to be paid off prior to or at closing. No payoff is listed on CD. Amount is not currently included in TPR CLTV calculation. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please see attached correct Post CD that is in file but was not imaged with closing package. The balance was paid at closing. See attached final settlement statement for proof. - Seller-REDACTED |
Resolved-Confirmed unpaid secondary first mortgage balance of REDACTED was paid with disbursement statement/final HUD & PCCD. Resolved. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 875831 | D | A | C | A | D | A | A | A | Closed | FCRE8201 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Guideline requirements met of housing history/senior lien. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Ineligible senior lien - first mortgage is not reported on credit report - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Guideline requirements met of housing history/senior lien. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 875831 | D | A | C | A | D | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Updated title received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Title pg 200 - proof of delinquent supplemental tax payment is required - item C - REDACTED penalty - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Updated title received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 875831 | D | A | C | A | D | A | A | A | Closed | FCOM5135 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Required Affiliated Business Disclosure Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 865617 | D | A | D | A | D | A | A | A | Closed | FCOM1233 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-The Final 1003 is Present - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Final 1003 submitted is not signed by the borrower(s) Will you please upload the signed final 1003? - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. 1003 Attached thanks!! - Seller-REDACTED Open-The Final 1003 is Incomplete - Fnal 1003 Section 1c does not reflect information on borrower's other employment at REDACTED, used by lender to qualify the borrower. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. 1003 Attached thanks!! - Seller-REDACTED |
Resolved-The Final 1003 is Present - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 865617 | D | A | D | A | D | A | A | A | Closed | FCRE1152 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Evidence of Property Tax is present - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing Evidence of Property Tax - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Evidence of Property Tax is present - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 865617 | D | A | D | A | D | A | A | A | Closed | FCRE1201 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing Third Party Fraud Report - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 841296 | D | B | D | B | A | A | A | A | Closed | FCRE0360 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | C | B | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Acknowledged-First mortgage statement dated REDACTED received, which is after note date and disbursement date. First mortgage statement dated within 60 days of note date was not in file at closing. Acknowledged. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. REDACTED stmt as requested is attached Thank you! - Seller-REDACTED Counter-REDACTED statement on page 138 - Statement date in top left corner is REDACTED. Payment next due date is REDACTED. Please provide a mortgage statement within 60 days of the note date. - Due Diligence Vendor-REDACTED Counter-Lender comments copied from other finding - ***(The statement in the file with REDACTED for the subject is dated REDACTED the note date is REDACTED = REDACTED days)- REDACTED. thanks - Due Diligence Vendor-REDACTED Open-First mortgage statement on subject property is required to be within 60 days of note date. Stmt on page 138 is dated REDACTED, note date REDACTED . - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. REDACTED stmt as requested is attached Thank you! - Seller-REDACTED |
Acknowledged-First mortgage statement dated REDACTED received, which is after note date and disbursement date. First mortgage statement dated within 60 days of note date was not in file at closing. Acknowledged. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Debt Consolidation | Originator Post-Close | No | |||
| REDACTED | 841296 | D | B | D | B | A | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Resolved - documentation received for primary rental history payments. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. HI Good day***REDACTED See attached REDACTED & REDACTED REDACTED month pay history for rent paid to REDACTED as the Recipient (Note REDACTED is who is on the Lease to receive the funds borrower REDACTED in installments for each month to total REDACTED) (REDACTED) thank you - Seller-REDACTED Counter-Lender comments below on incorrect finding. The finding is requesting a VOR for the rental history for borrower's primary residence. - Due Diligence Vendor-REDACTED Ready for Review-***(The statement in the file with REDACTED for the subject is dated REDACTED the note date is REDACTED = REDACTEDdays)- REDACTED. thanks - Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Borrowers are renting their current primary residence. PRIMARY RESIDENCE IS RENTED AT REDACTED/MONTH. LEASE IS PROVIDED SEE PAGE 266 WITH START DATE OFREDACTED. NO PAYMENT HISTORY WAS PROVIDED. 12 months payment history is required/VOR. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. HI Good day***REDACTEDSee attached REDACTED & REDACTED REDACTED month pay history for rent paid to REDACTED as the Recipient (Note REDACTED is who is on the Lease to receive the funds borrower REDACTED in installments for each month to total REDACTED) (REDACTED) thank you - Seller-REDACTED Ready for Review-***(The statement in the file with REDACTED for the subject is dated REDACTED the note date is REDACTED = REDACTED days)- REDACTED. thanks - Seller-REDACTED |
Resolved-Resolved - documentation received for primary rental history payments. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 841296 | D | B | D | B | A | A | A | A | Closed | FCRE8611 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-Bank statements - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. ***REDACTED See attached 3 months Business bank stmts evidencing the deposits for support of tax return income. (REDACTED) Thank you - Seller-REDACTED Counter-Guidelines require current YTD P&L or 3 months bank statements required to support tax return income. If there is a formal exception approved from REDACTED, please provide the REDACTED email chain approving the exception and a signed exception form with compensating factors. - Due Diligence Vendor-REDACTED Ready for Review-***(I had this as a condition and the REDACTEDspoke with a representative at REDACTED) Being that I have REDACTED tax returns supporting the prior year income the P&L should Not be required. (Please escalate ) -REDACTED Thanks - Seller-REDACTED Open-Current YTD P&L or 3 months bank statements required to support tax return income - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. ***REDACTED See attached 3 months Business bank stmts evidencing the deposits for support of tax return income. (REDACTED) Thank you - Seller-REDACTED Ready for Review-***(I had this as a condition and the REDACTED spoke with a representative at REDACTED) Being that I have REDACTED tax returns supporting the prior year income the P&L should Not be required. (Please escalate ) - REDACTED. Thanks - Seller-REDACTED |
Resolved-Bank statements - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 841296 | D | B | D | B | A | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. IRS Transcript attached - Seller-REDACTED Counter-TPR cannot locate the transcripts for B1 in the file. Will you please re-send? (Finding for B2 removed) - Due Diligence Vendor-REDACTED Ready for Review-***(B2 will not have any transcripts as there is no W2 wage earner income for him, the loss is for the self-employed business that he owns REDACTED% of REDACTED REDACTED business income of REDACTED, with a loss ofREDACTED = a total loss for borrower REDACTED (Note the REDACTED transcripts are in the file, and there is a REDACTED pulled showing no record found. Loan was approved and closed prior to REDACTED) -REDACTED. - Seller-REDACTED Open-Borrower 1 IRS Transcripts Missing TAX TRANSCRIPTS ARE REQUIRED FOR B 1 AND B2 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. IRS Transcript attached - Seller-REDACTED Ready for Review-***(B2 will not have any transcripts as there is no W2 wage earner income for him, the loss is for the self-employed business that he owns REDACTED% of REDACTED REDACTED business income of REDACTED, with a loss ofREDACTED = a total loss for borrower REDACTED (Note the REDACTED transcripts are in the file, and there is a REDACTED pulled showing no record found. Loan was approved and closed prior to REDACTED) -REDACTED. - Seller-REDACTED |
Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 841296 | D | B | D | B | A | A | A | A | Closed | FCRE7009 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Updated RCE received, coverage sufficient - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. RCE ...Attached is the RCE with the effective date corrected thank you - Seller-REDACTED Open-HOI is not sufficient to cover all liens (coverage is REDACTED5, liens total REDACTED). RCE provided, but it is REDACTED years old and cannot be used. RCE within dated within REDACTED required or increased coverage A to cover all liens. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. RCE ...Attached is the RCE with the effective date corrected thank you - Seller-REDACTED |
Resolved-Updated RCE received, coverage sufficient - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 841296 | D | B | D | B | A | A | A | A | Closed | FCRE1201 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing Third Party Fraud Report - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 836240 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||
| REDACTED | 801548 | C | A | C | A | C | A | A | A | Closed | FCOM6329 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Final CD: Calculating Cash to Close Adj. and Other Credits discrepancy | Resolved-FNMA says the amount of the lender contribution should not exceed the amount of borrower-paid closing costs and prepaid fees, and in this case it doesn’t. Total borrower paid closing costs were: At closing: REDACTED + before closing REDACTED Total Closing Costs: REDACTED So, the REDACTED credit covers all costs paid at closing and part of the closing costs paid prior to closing. The borrower isn’t actually getting excess funds. REDACTED Lender Contributions The lender may provide the borrower with a contribution to fund borrower-paid closing costs and prepaid fees in the following cases: • The lender credit is derived from premium pricing, as described in Premium Pricing in B2-1.5-02, Loan Eligibility. • The lender credit is sourced directly from lender funds with no expectation for repayment or financial obligation apart from the subject mortgage. Funds passed to the lender from a third party, for the purpose of providing a lender credit, are not eligible as a lender contribution. The amount of the lender contribution should not exceed the amount of borrower-paid closing costs and prepaid fees and may not be used to fund any portion of the down payment or financial reserve requirements. Lender contributions are not considered grants. Any excess lender credit required to be returned to the borrower in accordance with applicable regulatory requirements is considered an overpayment of fees and charges and may be applied as a principal curtailment or returned in cash to the borrower. See B2-1.3-01, Purchase Transactions and B2-1.3-02, Limited Cash-Out Refinance Transactions for treatment of the overpayment of fees and charges. - Due Diligence Vendor-REDACTED Open-1. PCCD pg 253. Borrower received cash out over loan amount due to lender credit. 2. PCCD page 5 - escrow account marked incorrectly. An escrow account is not offered with the second mtg product. Lender marked that the escrow account is declined. - Due Diligence Vendor-REDACTED |
Resolved-FNMA says the amount of the lender contribution should not exceed the amount of borrower-paid closing costs and prepaid fees, and in this case it doesn’t. Total borrower paid closing costs were: At closing: REDACTED + before closing REDACTED Total Closing Costs: REDACTED So, the REDACTED credit covers all costs paid at closing and part of the closing costs paid prior to closing. The borrower isn’t actually getting excess funds. REDACTED Lender Contributions The lender may provide the borrower with a contribution to fund borrower-paid closing costs and prepaid fees in the following cases: • The lender credit is derived from premium pricing, as described in Premium Pricing in B2-1.5-02, Loan Eligibility. • The lender credit is sourced directly from lender funds with no expectation for repayment or financial obligation apart from the subject mortgage. Funds passed to the lender from a third party, for the purpose of providing a lender credit, are not eligible as a lender contribution. The amount of the lender contribution should not exceed the amount of borrower-paid closing costs and prepaid fees and may not be used to fund any portion of the down payment or financial reserve requirements. Lender contributions are not considered grants. Any excess lender credit required to be returned to the borrower in accordance with applicable regulatory requirements is considered an overpayment of fees and charges and may be applied as a principal curtailment or returned in cash to the borrower. See B2-1.3-01, Purchase Transactions and B2-1.3-02, Limited Cash-Out Refinance Transactions for treatment of the overpayment of fees and charges. - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||||
| REDACTED | 801548 | C | A | C | A | C | A | A | A | Closed | FCRE1159 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Proof of current coverage received - Due Diligence Vendor-REDACTED Resolved-Hazard Insurance Effective Date of REDACTED is prior to or equal to the Note Date of REDACTED Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Hazard Insurance Effective Date of REDACTED is after the Note Date of REDACTED The current Policy is not in the file. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Proof of current coverage received - Due Diligence Vendor-REDACTED Resolved-Hazard Insurance Effective Date of REDACTED is prior to or equal to the Note Date of REDACTED Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 812254 | D | A | D | A | D | A | A | A | Closed | FCRE7497 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Separation agreement in file and cancelled checks/proof of payment to Carrington Mortgage by prior spouse received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Buyer-REDACTED Counter-The REDACTED reports on borrower's credit. If the borrower is not making the payment, 12 months of cancelled checks must be obtained. If not available, the payment must be counted in DTI and verification of taxes & insurance on the property must be included in DTI also. FNMA guidelines: When a borrower is obligated on a mortgage debt - but is not the party who is actually repaying the debt - the lender may exclude the full monthly housing expense (PITIA) from the borrower’s recurring monthly obligations if the party making the payments is obligated on the mortgage debt, there are no delinquencies in the most recent 12 months, and the borrower is not using rental income from the applicable property to qualify. In order to exclude non-mortgage or mortgage debts from the borrower’s DTI ratio, the lender must obtain the most recent 12 months' canceled checks (or bank statements) from the other party making the payments that document a 12-month payment history with no delinquent payments. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. please see prop profile, property not owned by bwr - Buyer-REDACTED Open-REDACTED added to debts. Verification of taxes & insurance needed. Property information needed. - Due Diligence Vendor-REDACTED |
Resolved-Separation agreement in file and cancelled checks/proof of payment to REDACTED by prior spouse received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 812254 | D | A | D | A | D | A | A | A | Closed | FCRE1336 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Award Letter Missing | Resolved-Using lower amount than originally submitted and than is the net deposit to account. Account shows a higher direct deposit amount. Using the grossed up REDACTED REDACTED income evidenced on REDACTED letter and bank statement. REDACTED letter shows lower amount, so that is being utilized. Income worksheet and letter received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. See attached income calc. UW grossed up REDACTED income by REDACTED% (REDACTED- amount of deposited REDACTED is lower (un-taxed), ok to utilize higher amount than amount deposited on bank statement in file per UW - Seller-REDACTED Counter-REDACTED included is REDACTED/month. Statement received does not match this amount. Lender to advise. - Due Diligence VendorREDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 Award Letter Missing There is a deposit on the borrowers Checking account in the amount of REDACTED. There is no Award letter or any income documents provided for this source of income. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. See attached income calc. UW grossed up REDACTED income by REDACTED% (REDACTED- amount of deposited REDACTED is lower (un-taxed), ok to utilize higher amount than amount deposited on bank statement in file per UW - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Using lower amount than originally submitted and than is the net deposit to account. Account shows a higher direct deposit amount. Using the grossed up REDACTED REDACTED income evidenced on REDACTED letter and bank statement. REDACTED letter shows lower amount, so that is being utilized. Income worksheet and letter received. - Due Diligence Vendor-REDACTED | REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 812254 | D | A | D | A | D | A | A | A | Closed | FCRE1161 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Flood Certificate is fully present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. flood cert uploaded - Seller-REDACTED Open-Missing Flood Certificate - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. flood cert uploaded - Seller-REDACTED |
Resolved-Flood Certificate is fully present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 812254 | D | A | D | A | D | A | A | A | Closed | FCRE1168 | REDACTED | REDACTED | 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-Hazard Insurance Coverage Amount of REDACTED is equal to or greater than all Subject Lien(s) and/or Replacement Cost Estimator is provided and Hazard Insurance Coverage Amount is equal to or greater than Replacement Cost Value of REDACTED - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. RCE uploaded - Seller-REDACTED Open-Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage Amount of REDACTED 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 $ - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. RCE uploaded - Seller-REDACTED |
Resolved-Hazard Insurance Coverage Amount ofREDACTED is equal to or greater than all Subject Lien(s) and/or Replacement Cost Estimator is provided and Hazard Insurance Coverage Amount is equal to or greater than Replacement Cost Value ofREDACTED - Due Diligence VendorREDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 812254 | D | A | D | A | D | A | A | A | Closed | FCRE1148 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. updated prelim uploaded reflectingREDACTED insurance - Buyer-REDACTED Open-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) The loan amount is REDACTED. Title coverage indicates coverage in the amount of REDACTED. - Due Diligence Vendor-REDACTED |
Resolved-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 812254 | D | A | D | A | D | A | A | A | Closed | FCRE1152 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Evidence of Property Tax is present - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. taxes/insurance are impounded on REDACTED and will be paid by lender - Seller-REDACTED Open-Missing evidence of property taxes that were due on REDACTED, prior to closing were paid. Title, page 419, shows taxes due of REDACTED. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. taxes/insurance are impounded on 1st TD and will be paid by lender - Seller-REDACTED |
Resolved-Evidence of Property Tax is present - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 812254 | D | A | D | A | D | A | A | A | Closed | FCRE4805 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Trust/POA Does Not Meet Guideline Requirements | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Trust Certificate is needed - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 812254 | D | A | D | A | D | A | A | A | Closed | FCOM1221 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Deed of Trust is Incomplete | Resolved-The Deed of Trust is Present and Complete - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Buyer-REDACTED Open-The Deed of Trust is Incomplete Missing pages 2-13. Only page 1 of 13 was located in the file. - Due Diligence Vendor-REDACTED |
Resolved-The Deed of Trust is Present and Complete - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 812254 | D | A | D | A | D | A | A | A | Closed | FCOM1227 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | PUD Rider is Missing | Resolved-DOT & riders received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Buyer-REDACTED Open-PUD Rider is Missing - Due Diligence Vendor-REDACTED |
Resolved-DOT & riders received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 812254 | D | A | D | A | D | A | A | A | Closed | finding-3631 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. LE, COC uploaded reflecting redisclosure of REDACTED PCI fee - Buyer-REDACTED Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. THERE WAS NO PROPERTY CONDITION INSPECTION FEE DISCLOSED ON THE INITIAL LE. A PROPERTY CONDITION INSPECTION FEE WAS DISCLOSED IN THE AMOUNT OF $55 ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 812254 | D | A | D | A | D | A | A | A | Closed | finding-3634 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is REDACTED.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). THERE WAS NO PROPERTY CONDITION INSPECTION FEE DISCLOSED ON THE INITIAL LE. A PROPERTY CONDITION INSPECTION FEE WAS DISCLOSED IN THE AMOUNT OF REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 812254 | D | A | D | A | D | A | A | A | Closed | FCOM1232 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Final 1003 is Missing | Resolved-The Final 1003 is Present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Buyer-REDACTED Open-The Final 1003 is Missing - Due Diligence Vendor-REDACTED |
Resolved-The Final 1003 is Present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 812254 | D | A | D | A | D | A | A | A | Closed | FCOM1231 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-The Initial 1003 is Present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Buyer-REDACTED Open-The Initial 1003 is Missing - Due Diligence Vendor-REDACTED |
Resolved-The Initial 1003 is Present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-04/29/2025 |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 859075 | C | A | C | A | A | A | A | A | Closed | FCRE1441 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Resolved-Updated credit supplement received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see the attached updated credit supplement reflecting payments made in REDACTED. Thanks! - Buyer-REDACTED Counter-Credit supplement is from REDACTEDand shows next payment due of REDACTED. Statement in file shows next payment due REDACTED with a late payment (REDACTED). Credit supplement is not indicative that the REDACTED payment which shows past due on the statement was made and that REDACTED will not be reporting 1x30. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached credit supplement. Thanks! - Buyer-REDACTED Open-Proof first mortgage payment with REDACTED is paid current & verification REDACTED will not be reported as 30 days late. First mortgage statement on page 128 shows payment is past due. - Due Diligence Vendor-REDACTED |
Resolved-Updated credit supplement received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 829784 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-REDACTED clearly states no encumbrance on the property. Resolved. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-REDACTED removed from title policy. Still needed: Contract with REDACTED to be submitted for review to ensure there is no encumbrance on the property - item #8 - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-1. Verification REDACTED (paid at closing) is the same as REDACTED on title or that REDACTED on title #10 - pg 402 is removed from final title policy. (UW comments on 1008 indicate this is the same, however names do not match.) 2. Contract with REDACTED to be submitted for review to ensure there is no encumbrance on the property - item #8 - pg 401 Item #11 deleted by title company - pg 395 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-REDACTED clearly states no encumbrance on the property. Resolved. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 829784 | D | A | D | A | A | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Stmt received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. First mtg statement within 60 days of note date not located in file. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Stmt received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 819318 | D | B | D | B | C | A | A | A | Closed | FCRE6763 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income documentation does not meet guidelines | Resolved-Exp date of REDACTED accepted - Due Diligence Vendor-REDACTED Ready for Review-although the CPA is Dated REDACTED, the expiration date is REDACTED. Why do we need an updated license? - Seller-REDACTED Counter-CPA license search results are dated REDACTED. Please provide an updated verification. - Due Diligence Vendor-REDACTED Ready for Review-The PDF labeled CPA LETTER is the license information from the REDACTED, the preparer of the P&L, and the Attestation. Please advise if additional information is needed. - Seller-REDACTED Counter-Received P&L signed by preparer & attestation. Items remaining open - Attestation received from preparer & original on page 523 does not include verification preparer is CPA, CTEC, or EA certified. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-CPA letter received on other finding. These items remain open: P&L pg 524/624 is not signed by preparer. 2. Attestation from preparer on page 523 does not include verification preparer is CPA, CTEC, or EA certified. 3. No business license in file for previous 2 years. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-1. P&L pg 524/624 is not signed by preparer. 2. Attestation from preparer on page 523 does not include verification preparer is CPA, CTEC, or EA certified. 3. No business license in file for previous 2 years. - Due Diligence Vendor-REDACTED |
Ready for Review-although the CPA is Dated REDACTED, the expiration date is REDACTED. Why do we need an updated license? - Seller-REDACTED Ready for Review-The PDF labeled CPA LETTER is the license information from the REDACTED for REDACTED, the preparer of the P&L, and the Attestation. Please advise if additional information is needed. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Exp date REDACTED accepted - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 819318 | D | B | D | B | C | A | A | A | Closed | FCRE1325 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | D | B | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Acknowledged-CPA letter received - dated after note/disbursement date - Acknowledged - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 CPA Letter Missing - CPA letter is required for Alt Doc : P&L only loans. Per guidelines dated REDACTED 8.8.3 Alt-Doc: P&L Only Requirements and Documentation All of the following is required: • Business license for the past 2 years. • A signed letter from the CPA, CTEC (CA Tax Education Council) or EA (Enrolled Agent) on their business letterhead showing address, phone number, and license number is required with the following information: o CPA/CTEC/EA confirms they have prepared the most recent year’s business tax return filing; and, o The business name, borrower’s name, and percentage of business ownership by the borrower - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Acknowledged-CPA letter received - dated after note/disbursement date - Acknowledged - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | |||
| REDACTED | 819318 | D | B | D | B | C | A | A | A | Closed | FCOM9028 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Final CD: Cash to Close (page 1) is incomplete or inaccurate | Resolved-PCCD received, delinquent taxes shown as paid - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Verification of PCCD sent to client needed. Unable to determine final signed CD vs. settlement statement discrepancies. Verification delinqunet taxes paid needed. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-1. Cash to close on Final CD reflects REDACTED vs Settlement statement's REDACTED - page 344,37/624 2. Title policy requires delinquent tax to be paid which is shown on settlement statement but not on Final CD - page 568,344,37/624 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-PCCD received, delinquent taxes shown as paid - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 840352 | D | A | D | A | A | A | A | A | Closed | FCRE5790 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Borrower 1 Gap Credit Report is not expired. - Due Diligence Vendor-REDACTED Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached soft pull. Thanks! - Buyer-REDACTED Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). The most recent gap credit report in the file is over 15 days from note date. Supplement for first mtg is dated REDACTED. No gap credit in file. The Note date is REDACTED. - Due Diligence Vendor-REDACTED |
Resolved-Borrower 1 Gap Credit Report is not expired. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 840352 | D | A | D | A | A | A | A | A | Closed | FCRE5791 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 2 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Borrower 2 Gap Credit Report is not expired. - Due Diligence Vendor-REDACTED Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached soft pull. Thanks! - Buyer-REDACTED Open-Borrower 2 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). The most recent gap credit report in the file is over 15 days from note date. Supplement for first mtg is dated REDACTED. No gap credit in file. The Note date is REDACTED. - Due Diligence Vendor-REDACTED |
Resolved-Borrower 2 Gap Credit Report is not expired. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 840352 | D | A | D | A | A | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached updated mortgage statement. Thanks! - Buyer-REDACTED Open-First mtg statement within 60 days of note date required. Stmt in file (pg 129) is dated REDACTED - Due Diligence Vendor-REDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 851074 | D | A | D | A | C | A | A | A | Closed | FCRE1764 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Verification of Mortgage | Resolved-Okay to proceed with 3/11 modification guideline revision for investor. Modification was done in REDACTED, no balloon feature, and has been paid since the modification. - Due Diligence Vendor-REDACTED Ready for Review-TPR email to investor - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Verification of mortgage balance over original limit needed. Credit report indicates original balance was REDACTED Title indicates loan was modified. Balance showing on credit report is REDACTED. Modification/deferrment documents needed and/or first lien note to verify terms. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Okay to proceed with REDACTED modification guideline revision for investor. Modification was done in REDACTED, no balloon feature, and has been paid since the modification. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 851074 | D | A | D | A | C | A | A | A | Closed | FCOM2950 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Disclosure | Ack of non-rescission prior to rescission expiration date | Resolved-Corrected RTC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hello, please see attached Notice of Right to Cancel with the date as REDACTED - Seller-REDACTED Open-Corrected RTC signed by borrower required. - Note date is REDACTED, RTC dated REDACTED & signed REDACTED, Final CD shows issued and closing date as REDACTED. - Right to Cancel date is not correct. The RTC date should have been updated to REDACTED and not expired until midnight REDACTED. Final CD shows disbursement date of REDACTED which meets RTC date requirements. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Hello, please see attached Notice of Right to Cancel with the date as REDACTED - Seller-REDACTED |
Resolved-Corrected RTC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 887679 | D | B | D | B | C | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Doc received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Attached is what I was able to retrieve from the actual county tax site..... as you can see taxes due REDACTED so not only does the lender Escrow, they paid REDACTED and it not sue Until REDACTED again...I hope this will clear this conditions Thanks :) - Seller-REDACTED Counter-Tax Cert is the same as prior that shows taxes due as of REDACTED. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Document Uploaded. Please provide final title showing taxes are not delinquent. - Due Diligence Vendor-REDACTED Ready for Review-Taxes are escrowed with PITI - Seller-REDACTED Counter-Agree that the taxes are escrowed. Verification that the taxes showing past due on the title report have been paid is needed. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi Full piti is included in the payment already Thank you - Seller-REDACTED Open-Property Title Issue PER TAX CERT ON PAGE 483 & TITLE PAGE 497, TAXES WERE DUE IN THE AMOUNT OF REDACTED AND WERE NOT PAID ON CD AT CLOSING. Proof taxes were paid current prior to or at closing is required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Attached is what I was able to retrieve from the actual county tax site..... as you can see taxes due REDACTED so not only does the lender Escrow, they paid REDACTED and it not sue Until REDACTED again...I hope this will clear this conditions Thanks :) - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Taxes are escrowed with PITI - Seller-REDACTED Ready for Review-Document Uploaded. Hi Full piti is included in the payment already Thank you - Seller-REDACTED |
Resolved-Doc received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Second Home | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 887679 | D | B | D | B | C | A | A | A | Closed | FCRE6911 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | DTI exceeds program maximum | Resolved-Docs received. Asset Depletion income added. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. other income : is asset depletion REDACTED see 1008 attached comments TY - Seller-0REDACTED Counter-DTI issue is income discrepancy between income verified and lender 1008. Emailed details to lender to advise. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please see my email for additional info on the student loans - Seller-REDACTED Counter-Student loan payments updated, however DTI is still above REDACTED at REDACTED% - Due Diligence Vendor-REDACTED Resolved-Document Uploaded. TPR information on student loan uploaded. Payments updated, income driven program, statement in file. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi Good day! See attached borrower is in an income base driven program, please review I spoke with LO and she said this was the same thing that happened to the borrower on his primary loan, and he provided the documents to support. thanks! - Seller-REDACTED Counter-Payment included is per FNMA guidelines for qualifying - "For deferred loans or loans in forbearance, the lender may calculate a payment equal to 1% of the outstanding student loan balance (even if this amount is lower than the actual fully amortizing payment), or a fully amortizing payment using the documented loan repayment terms." - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please see attached info for correct student Loan Pmts thank you - Seller-REDACTED Open-DTI max is REDACTED. REDACTED deferred student loans on credit report. Loans deferred til REDACTED, used REDACTED of outstanding balance for each student loan - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. other income : is asset depletion REDACTED see 1008 attached comments TY - Seller-REDACTED Ready for Review-Document Uploaded. Please see my email for additional info on the student loans - Seller-REDACTED Ready for Review-Document Uploaded. Hi Good day! See attached borrower is in an income base driven program, please review I spoke with LO and she said this was the same thing that happened to the borrower on his primary loan, and he provided the documents to support. thanks! - Seller-REDACTED Ready for Review-Document Uploaded. Please see attached info for correct student Loan Pmts thank you - Seller-REDACTED |
Resolved-Docs received. Asset Depletion income added. - Due Diligence Vendor-REDACTED Resolved-Document Uploaded. TPR information on student loan uploaded. Payments updated, income driven program, statement in file. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Second Home | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 887679 | D | B | D | B | C | A | A | A | Closed | FCRE1316 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Ready for Review-REDACTED Tax returns are self-prepared No CPA letter to be given & provided REDACTED which is stamped by IRS 1REDACTED provided for the schedule C business. **Note at the time of closing REDACTED the REDACTED4 1040 not required, the borrower signed the P&L for the schedule C Business, also the licensing verification for the business is with the funding VOE. (See screen shot below) Please speak with secondary on how loan was locked, I approved it with 2 yrs tax returns***(REDACTED) - Seller-REDACTED Open-Borrower 1 3rd Party VOE Prior to Close Missing B1 wage income - missing VVOE within 10 days of note date B1 self-emp income - missing verification of business within 30 days of note date - Due Diligence Vendor-REDACTED |
Ready for Review-REDACTED Tax returns are self-prepared No CPA letter to be given & provided REDACTED which is stamped by IRS 1REDACTED provided for the schedule C business. **Note at the time of closing REDACTED the REDACTED4 1040 not required, the borrower signed the P&L for the schedule C Business, also the licensing verification for the business is with the funding VOE. (See screen shot below) Please speak with secondary on how loan was locked, I approved it with 2 yrs tax returns***(REDACTED) - Seller-REDACTED | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Second Home | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 887679 | D | B | D | B | C | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. REDACTED attached Thank you - Seller-REDACTED Open-REDACTED transcripts required - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. REDACTED attached Thank you - Seller-REDACTED |
Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Second Home | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 887679 | D | B | D | B | C | A | A | A | Closed | FCRE0360 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Resolved-Document Received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Forbearance Agreement attached for REDACTED - Seller-REDACTED Counter-The terms of the deferred balance from the first mortgage lender, the modified agreement/updated terms from the first mortgage lender are required for review. - Due Diligence Vendor-REDACTED Counter-The terms of the deferred balance from the first mortgage lender, the modified agreement/updated terms from the first mortgage lender are required for review. - Due Diligence Vendor-REDACTED Ready for Review-Please advise what is now needed on this one in detail I don't see why this was'nt cleared??? Thank you - Seller-REDACTED Counter-Borrower LOE received. The modified agreement/updated terms from the first mortgage lender are required for review. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. LOE from Borrower to Explain NON interest bearing REDACTED - Seller-REDACTED Counter-TPR first mtg balance matches statement from first mtg lender for CLTV purposes. Hardship documentation and the modified agreement/updated terms are required for review. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. ***REDACTED see attached payoff from REDACTED to reflect the non interest bearing balance is included in the actual loan balance and is supported with the credit report. **(REDACTED) ***REDACTED I spoke to LO and requesting the signed LOE with the explanation for the deferment non interest bearing balance, and also for the Modification, LO to obtain from borrower. When in I will provide (REDACTED) - Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. MORTGAGE STATEMENT ON PAGE 176 FOR FIRST MORTGAGE REFLECTS DEFERRED NON INTEREST BEARING BALANCE OF REDACTED. HARDSHIP DOCUMENTATION IS NOT IN FILE. HARDSHIP DOCUMENTATION MUST BE SUBMITTED FOR REVIEW AS WELL AS APPLICABLE MODIFICATION AGREEMENT/UPDATED TERMS OR THE DEFERRED BALANCE MUST BE PAID AT TIME OF CLOSING. DEFERRED BALANCE WAS NOT LISTED AS A PAYOFF ON THE CD - SEE PG 124 (GUIDELINES VERSION REDACTED PER APPLICATION DATE) DEFERRED BALANCE IS INCLUDED IN CLTV CALCULATION - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Forbearance Agreement attached fo rREDACTED- Seller-REDACTED Ready for Review-Please advise what is now needed on this one in detail I don't see why this was'nt cleared??? Thank you - Seller-REDACTED Ready for Review-Document Uploaded. LOE from Borrower to Explain NON interest bearing REDACTED - Seller-REDACTED Ready for Review-Document Uploaded. ***REDACTED see attached payoff from REDACTED to reflect the non interest bearing balance is included in the actual loan balance and is supported with the credit report. **(REDACTED) ***REDACTED I spoke to LO and requesting the signed LOE with the explanation for the deferment non interest bearing balance, and also for the Modification, LO to obtain from borrower. When in I will provide (REDACTED) - Seller-REDACTED |
Resolved-Document Received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Second Home | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 887679 | D | B | D | B | C | A | A | A | Closed | finding-1550 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | State Reg | DC Origination Fee Test | Resolved-PCCD, delivery, and copy of check to client received. Updated compliance run, REDACTED tests passed. - Due Diligence Vendor-REDACTED Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-PCCD received. Copy of refund check to borrower and letter/proof of delivery to borrower needed. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-REDACTED provided does not indicate this regulation was specifically tested. The finding remains open due to the origination fee. The origination fee is more than REDACTED of the loan amount. The origination fee is REDACTED. The maximum based on loan amount is REDACTED - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi Our Compliance is attached not sure where the fail is? can you send > Thank you - Seller-REDACTED Open-The loan failed the origination fee test. (REDACTED ST § 28-3301(e)(1)-(2))The loan has an origination fee that is greater than REDACTED of the loan's principal. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. Hi Our Compliance is attached not sure where the fail is? can you send > Thank you - Seller-REDACTED |
Resolved-PCCD, delivery, and copy of check to client received. Updated compliance run, REDACTED tests passed. - Due Diligence Vendor-REDACTED Resolved- - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Second Home | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 887679 | D | B | D | B | C | A | A | A | Closed | finding-1551 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | State Reg | DC Discount Fee Test | Resolved-PCCD, delivery, and copy of check to client received. Updated compliance run, REDACTED tests passed. - Due Diligence Vendor-REDACTED Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-PCCD received, Proof of delivery to client and copy of refund check are required to clear. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-REDACTED provided does not indicate this regulation was specifically tested. The finding remains open due to the origination fee. The origination fee is more than REDACTED of the loan amount. The origination fee is REDACTED. The maximum based on loan amount is REDACTED. This regulation fails when the origination fee is greater than 1% OR the compensation for origination fee or discount fee is not set to lender or the discount fee is not bona fide, and the sum of the discount points and origination fee is more than REDACTED of the principal. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. see Compliance Pass please provide I think this is duplicate condition Thank you - Seller-REDACTED Open-The loan failed the discount fee test. (REDACTED ST § 28-3301(e)(1)-(2))This loan failed because either:The loan has an origination fee that is greater than REDACTED of the principal; orThe compensation for origination fee or discount fee is not set to lender or the discount fee is not bona fide, and the sum of the discount points and origination fee is more than REDACTED of the principal. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. see Compliance Pass please provide I think this is duplicate condition Thank you - Seller-REDACTED |
Resolved-PCCD, delivery, and copy of check to client received. Updated compliance run, REDACTED tests passed. - Due Diligence Vendor-REDACTED Resolved- - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Second Home | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 887679 | D | B | D | B | C | A | A | A | Closed | FCRE8611 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-Schedule C income worksheet received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Business verification received. Remaining open: 1. Schedule C income worksheet on page 270 is incomplete, The business name is missing, date completed is missing. 2. Lender to verify if this is locked as a one year full doc or two year full doc - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. No CPA self Prepared see Biz License Search and FVOE - Seller-REDACTED Open-1. Schedule C income worksheet on page 270 is incomplete, The business name is missing, date completed is missing. 2. Lender to verify if this is locked as a one year full doc or two year full doc 3. Missing business verification - CPA/tax professional letter, online regulatory/licensing verification - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. No CPA self Prepared see Biz License Search and FVOE - Seller-REDACTED |
Resolved-Schedule C income worksheet received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Second Home | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 887679 | D | B | D | B | C | A | A | A | Closed | FCRE1326 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | D | B | Credit | Missing Doc | Borrower 1 YTD Profit & Loss Missing | Acknowledged-YTD P&L received, dated after note & disbursement date. YTD P&L was not in file at the time of closing. - Acknowledged - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. YTD profit and loss attached - Seller-REDACTED Open-Borrower 1 YTD Profit & Loss Missing P&L provided see page 275 is from 1REDACTED. REDACTED YTD profit and loss required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. YTD profit and loss attached - Seller-REDACTED |
Acknowledged-YTD P&L received, dated after note & disbursement date. YTD P&L was not in file at the time of closing. - Acknowledged - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Second Home | Refinance | Cash Out - Debt Consolidation | Originator Post-Close | No | |||
| REDACTED | 887679 | D | B | D | B | C | A | A | A | Closed | FCRE1964 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing income documentation | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Since there is no CPA all is self prepared see attached Biz search (license) and FVOE - Seller-REDACTED Open-borrower is schedule C self employed, missing proof of existence of REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Since there is no CPA all is self prepared see attached Biz search (license) and FVOE - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Second Home | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 887679 | D | B | D | B | C | A | A | A | Closed | FCRE4001 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing 1008/UW Approval Document | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. REDACTED 1008 Attached - Seller-REDACTED Open-Missing 1008/UW Approval Document Corrected 1008 needed with verified income amounts as calculated on income worksheets - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. REDACTED 1008 Attached - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Second Home | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 887679 | D | B | D | B | C | A | A | A | Closed | FCRE1201 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. REDACTED Attached Thank you - Seller-REDACTED Open-Missing Third Party Fraud Report - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. REDACTED Attached Thank you - Seller-REDACTED |
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Second Home | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 869440 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||
| REDACTED | 816697 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||
| REDACTED | 812221 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Recorded discharge received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please see recorded discharge - Seller-REDACTED Counter-Since the discharge isn't recorded, yes, proof that it is removed from title is what we need to clear the finding. Thank you! - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Sorry about that. I thought the discharge was also attached. Will you also need confirmation from title that it will be removed? - Seller-REDACTED Counter-An email chain cannot be accepted for verification a lien is removed from title. Please provide updated title to verify this lien is removed:Verification the lien shown on title is paid: Pg. 438 - #22 - Mortgage made by REDACTED and recorded on REDACTED in the amount of REDACTED. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. The REDACTED loan matured and no balance due. Mortgage discharged. Please let me know if there is anything else that I am able to provide.. - Seller-REDACTED Open-Verification the lien shown on title is paid: Pg. 438 - #22 - REDACTED (REDACTED - was paid off on Final CD) - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please see recorded discharge - Seller-REDACTED Ready for Review-Document Uploaded. Sorry about that. I thought the discharge was also attached. Will you also need confirmation from title that it will be removed? - Seller-REDACTED Ready for Review-Document Uploaded. The REDACTED loan matured and no balance due. Mortgage discharged. Please let me know if there is anything else that I am able to provide.. - Seller-REDACTED |
Resolved-Recorded discharge received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 812221 | D | A | D | A | A | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. W2 transcripts - Seller-REDACTED Open-Borrower 1 IRS Transcripts Missing W2 transcripts missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. W2 transcripts - Seller-REDACTED |
Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 873283 | D | B | D | B | C | A | D | A | Closed | finding-3922 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | ComplianceEase | Lender Fees Test | Resolved-PCCD received. - Due Diligence Vendor-REDACTED Ready for Review-TPR compliance group review - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see the attached cure items. Post close CD, check, LOE. Thanks! - Buyer-REDACTED Open-This loan failed the lender fees test due to one of the following findings: (NC §24-1.1A(e); NC 24-10(a), (g))The loan is a first lien closed end mortgage with a principal amount that is greater than or equal to $10,000 and the sum of all lender fees exceeds the greater of 0.25% of the principal amount or $150. Lender fees are all fees designated for the lender other than the origination fee, discount points, assumption fee, rate lock fee, application fee, commitment fee, lender inspection fee (post-close) and interest; orThe loan is a first lien closed end mortgage made by a HUD approved lender and the sum of all lender fees exceeds the greater of 0.25% of the principal amount or $150. Lender fees are all fees designated for the lender other than the origination fee, discount points, assumption fee, rate lock fee, application fee, commitment fee, lender inspection fee (post-close) and interest; orThe loan is a first lien closed end mortgage with a principal amount that is less than $10,000 and the loan charges a lender fee. (NC 24-1.1A(c1)); orThe loan is a first lien home equity line of credit, and the sum of all lender fees exceeds 1% of the principal amount. (NC 24-10(a)); orThe loan is a second lien mortgage and is a "construction loan" as defined in NC General Statutes § 24-10(c) with more than two units, and the sum of all lender fees exceeds 2% of the principal amount (NC 24-10(a),(g)); orThe loan is a second lien mortgage and is a "construction loan" as defined in NC General Statutes § 24-10 (c) with one or two units, was not made by a HUD approved lender, and the sum of all lender fees exceeds 1% of the principal amount (NC 24-10(a),(g)); orThe loan is a second lien mortgage and is not a "construction loan" as defined in NC General Statutes § 24-10 (c), was not made by a HUD approved lender, and the sum of all lender fees exceeds 1% of the principal amount. (NC 24-10(a)); orThe loan is a second lien mortgage and is not a "construction loan" as defined in NC General Statutes § 24-10 (c), was made by a HUD approved lender, and the sum of all lender fees exceeds 2% of the principal amount (NC 24-10(a)). - Due Diligence Vendor-REDACTED |
Resolved-PCCD received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | ||||
| REDACTED | 873283 | D | B | D | B | C | A | D | A | Closed | FCRE5782 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached Gap Credit Report. Thanks! - Seller-REDACTED Open-Borrower 1 Gap Credit Report is Missing CREDIT REPORT IS DATED REDACTED AND NOTE DATE IS REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Hi, Please see attached Gap Credit Report. Thanks! - Seller-REDACTED |
Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | |||
| REDACTED | 873283 | D | B | D | B | C | A | D | A | Closed | FCRE5783 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Gap Credit Report is Missing | Resolved-Borrower 2 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached Gap Credit Report. Thanks! - Buyer-REDACTED Open-Borrower 2 Gap Credit Report is Missing CREDIT REPORT IS DATED REDACTED AND NOTE DATE IS REDACTED - Due Diligence Vendor-REDACTED |
Resolved-Borrower 2 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | ||||
| REDACTED | 873283 | D | B | D | B | C | A | D | A | Closed | FCRE0360 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not partially present. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see page 10 of 13, second tradeline from the bottom. REDACTED. Date last Active REDACTED Thanks! - Seller-REDACTED Open-Verification of the mortgage that was the first lien on the property prior to REDACTED to verify REDACTED months mortgage history. It appears that the prior mortgage may have been REDACTED based on dates. Lender to advise. If not, need WOM on additional 3 months of mortgage payment history prior to current first mtg serviced by REDACTED. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Hi, Please see page 10 of 13, second tradeline from the bottom.REDACTED. Date last Active REDACTED Thanks! - Seller-REDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not partially present. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | |||
| REDACTED | 873283 | D | B | D | B | C | A | D | A | Closed | FPRO1242 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Property | Missing Doc | Appraisal is Missing | Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached appraisal. Thanks! - Seller-REDACTED Open-APPRAISAL IS MISSING. ONLY CDA WAS PROVIDED AND COPY OF APPRAISER'S LICENSE - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Hi, Please see attached appraisal. Thanks! - Seller-REDACTED |
Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | |||
| REDACTED | 873283 | D | B | D | B | C | A | D | A | Closed | FCRE1195 | REDACTED | REDACTED | Waived | 2 - Non-Material | B | B | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Waived-Max CLTV for rural property =REDACTED%. Exception approved at REDACTED. Page 2. - Due Diligence Vendor-REDACTED | Waived-Max CLTV for rural property = REDACTED. Exception approved at REDACTED. Page 2. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | Originator Pre-Close | Yes | ||||
| REDACTED | 829423 | A | A | A | A | A | A | A | A | REDACTED | REDACTED | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||
| REDACTED | 885761 | D | A | C | A | D | A | C | A | Closed | FCRE1167 | REDACTED | REDACTED | 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-Sufficent Hazard Insurance Coverage is provided or Guaranteed Replacement Coverage is present and Insurer has provided Replacement Cost Estimator - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached RCE. Thanks! - Buyer-0REDACTED Open-Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage of REDACTED is less than all Subject Lien(s), and Guaranteed Replacement Coverage is provided but Replacement Cost Estimator by Insurer was not Provided 1ST AND 2ND MTGS COMBINED=REDACTED. COVERAGE IS REDACTED WHICH IS REDACTED. Need RCE or Coverage A increased. - Due Diligence Vendor-REDACTED |
Resolved-Sufficent Hazard Insurance Coverage is provided or Guaranteed Replacement Coverage is present and Insurer has provided Replacement Cost Estimator - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 885761 | D | A | C | A | D | A | C | A | Closed | FVAL2477 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Property | Appraisal | Appraisal incomplete (missing map, layout, pages, etc.) | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see updated appraisal marked as Tenant. Thanks! - Buyer-REDACTED Open-Appraisal in file is marked as owner occupied vs. tenant. This is an investment property. 1004 to be updated. - Due Diligence Vendor-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 885761 | D | A | C | A | D | A | C | A | Closed | FCOM1231 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached Initial signed 1003. Thanks! - Buyer-REDACTED Open-The Initial 1003 is Missing - Due Diligence Vendor-REDACTED |
Resolved-received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 824119 | D | A | D | A | A | A | A | A | Closed | FCRE6737 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Letter of Explanation (Income) | Resolved-Resolved - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-- Missing documentation to verify the relationship between employer name on paystub/Transcripts (REDACTED) vs employer name on VVOE/Final 1003 (REDACTED). Lender provided business locations list on page 155 that shares the same address with REDACTED on paystub but no explanation to verify the business is one and the same page 156,148,154 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Resolved - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 822960 | C | A | C | A | C | A | C | A | Closed | FCRE8201 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Accepted - resolved, deferred balance added to CLTV. - Due Diligence Vendor-REDACTED Counter-REDACTED review initiated by TPR. App date is REDACTED, guidelines effective date based on application date is REDACTED. Guidelines version REDACTED states: "2.3 Ineligible Senior Liens A copy of the most current 1st mortgage statement is required to determine eligibility. Statement date to be within 60 days of Note date. Additional 1st mortgage documentation may be required to provide sufficient data for underwriting. • 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." ***REDACTED acceptance needed. Deferred balance will need to be added into CLTV once acceptance confirmed. Lender to note the CLTV difference. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please review attached - Seller-REDACTED Open-First mortgage statement shows a deferred balance of REDACTED. Deferred balances on the first lien are required to be paid at closing. The deferred balance was not paid off at closing. Documented hardship in file due to REDACTED. REDACTED acceptance needed. Deferred balance will need to be added into CLTV once acceptance confirmed. Lender to note the CLTV difference. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please review attached - Seller-REDACTED |
Resolved-Accepted - resolved, deferred balance added to CLTV. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 822960 | C | A | C | A | C | A | C | A | Closed | FVAL5524 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Property | Property | Ineligible Property | Resolved-Property accepted - Due Diligence Vendor-REDACTED Counter-REDACTED review initiated by TPR. Mixed use property will require an exception from REDACTED to clear finding. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please review attached. - Seller-REDACTED Open-Property is ineligible as it is a mixed use property. B1 SE business is a REDACTED. REDACTED is located in the lower level of the subject property. REDACTED email chain indicating approval of allowing the REDACTED to remain in the basement of the home is located on pg 720. REDACTED approval required for exception. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please review attached. - Seller-REDACTED |
Resolved-Property accepted - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 822960 | C | A | C | A | C | A | C | A | Closed | finding-3634 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please review COC attached that was included in package reflecting change to CR - Seller-REDACTED Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is REDACTED.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). THE CREDIT REPORT FEE WAS DISCLOSED IN THE AMOUNT OF REDACTED ON THE INITIAL LE. THE CREDIT REPORT FEE INCREASED TO REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMEMTN WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please review COC attached that was included in package reflecting change to CR - Seller-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 822960 | C | A | C | A | C | A | C | A | Closed | finding-3631 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please see attached COC provided in package reflecting CR change - Seller-REDACTED Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. THE CREDIT REPORT FEE WAS DISCLOSED IN THE AMOUNT OF REDACTED ON THE INITIAL LE. THE CREDIT REPORT FEE INCREASED TO REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMEMTN WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please see attached COC provided in package reflecting CR change - Seller-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 887718 | C | A | A | A | C | A | A | A | Closed | finding-3631 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see the attached COC form. Thanks! - Buyer-REDACTED Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. points were disclosed in the amount of REDACTED on the intial le. points increased to the amount of REDACTED on the final cd. no coc or reimbursement was located in the file. - Due Diligence Vendor-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 887718 | C | A | A | A | C | A | A | A | Closed | finding-3634 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see the attached COC form. Thanks! - Buyer-REDACTED Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is REDACTED.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). points were disclosed in the amount of REDACTED on the intial le. points increased to the amount of REDACTED on the final cd. no coc or reimbursement was located in the file. - Due Diligence Vendor-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 876325 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Proof of tax payment received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached updated tax cert reflecting the taxes are paid. The tases are impounded with the first loan, and paid, thus not collected through the loan. Thanks! - Buyer-REDACTED Open-Property Title Issue Missing evidence of unpaid tax amount of REDACTED mandated to be paid on REDACTED per Title policy requirement page 279,271. Loan closed on REDACTED - Due Diligence Vendor-REDACTED |
Resolved-Proof of tax payment received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 876325 | D | A | D | A | A | A | A | A | Closed | FCRE6763 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income documentation does not meet guidelines | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached 6 months bank statements to support receipt. Thanks! - Seller-REDACTED Open-REDACTED income - last page of sep agreement/divorce decree from REDACTED in file. FNMA guidelines to verify alimony income are required. Full sep agreement/divorce decree required, 6 months bank statements verification of receipt required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Hi, Please see attached 6 months bank statements to support receipt. Thanks! - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 876325 | D | A | D | A | A | A | A | A | Closed | FCRE0360 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not partially present. - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached updated mortgage statement. Thanks! - Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. - Mortgage statement dated REDACTED is more than 60 days allowed by guidelines from Note REDACTED. page 135 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Hi, Please see attached updated mortgage statement. Thanks! - Seller-REDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not partially present. - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 876325 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached soft pull. Thanks! - Buyer-REDACTED Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-REDACTED |
Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 816863 | D | A | D | A | A | A | A | A | Closed | FCRE1193 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Finding is resolved. TPR confirmed T&I for the commercial property are included in total calculation. Verification is in file that the REDACTED loan was paid in full in REDACTED. DTI is now within guidelines. - Due Diligence Vendor-REDACTED Counter-Document Uploaded. Warranty Deed uploaded indicating transfer of the property to the business as owner. Email to lender - Thanks for the detail. I’ve uploaded the warranty deed to the file and the information. Since the business owns the property free & clear, what is the monthly payment of REDACTED? Is this taxes and insurance? Is there proof the business paid them from a business account last year? - Due Diligence Vendor-REDACTED Counter-Verification is needed that "rent or lease of buildings" on P&L includes the REO monthly payment of REDACTED for REDACTED commercial property. P&L indicates REDACTED total which does not match up to 3 months of the monthly payment. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open- - Audited DTI OF REDACTED% exceeds guidelines DTI of REDACTED%. Lender excluded other REO monthly payment of REDACTED forREDACTED commercial property from DTI with no supporting documentation. No verification in file that business pays this payment. - Due Diligence Vendor-REDACTED |
Comments from lender - The property atREDACTED is owned free & clear by the borrower. It is a commercial property which the borrower sold to his business and recorded REDACTED(REDACTED returns were not yet completed). It is not listed on the business tax returns due to this, nor on the P&L as a line item, so this was listed separately on his application as a REO and the taxes/ins counted against him in the DTI. We do not have any control how their CPA completes their P&L, so that is why this was completed as a separate item in qualifying. They may be yet trying to determine how to treat this asset/liability. There is no income being derived from this property – only debt which is in DTI of (REDACTED)/mo . See DU line: REDACTED And since this is an owned property, it is unlikely they would report fixed asset expense in this leased property line. The lease property line item appears on each tax return and P&L. They rent other buildings to run their business out of as is supported by the returns/P&L. - REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Finding is resolved. TPR confirmed T&I for the commercial property are included in total calculation. Verification is in file that the REDACTED loan was paid in full in REDACTED. DTI is now within guidelines. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Purchase | NA | N/A | N/A | |||
| REDACTED | 816863 | D | A | D | A | A | A | A | A | Closed | FCRE1326 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 YTD Profit & Loss Missing | Resolved-Borrower 1 YTD Profit & Loss Provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-0REDACTED Open-Borrower 1 YTD Profit & Loss Missing - Missing YTD P&L statement for borrower business - REDACTED to meet guidelines requirement of 60 days age of documentation from Note date - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 YTD Profit & Loss Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Purchase | NA | N/A | N/A | |||
| REDACTED | 816863 | D | A | D | A | A | A | A | A | Closed | FCRE1356 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 YTD Profit & Loss Missing | Resolved-Borrower 2 YTD Profit & Loss Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 2 YTD Profit & Loss Missing - Missing YTD P&L statement for borrower business - REDACTED, to meet guidelines requirement of 60 days age of documentation from Note date - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 2 YTD Profit & Loss Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Purchase | NA | N/A | N/A | |||
| REDACTED | 822034 | D | A | D | A | D | A | A | A | Closed | finding-47 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-PCCD received, disb REDACTED - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation.The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. THE DATE OF DISBURSEMENT FROM THE FINAL CD IS REDACTED . THE DATES ON THE NOTICE OF THE RIGHT TO CANCEL WERE CHANGED AND INITIALIZED BY THE BORROWER TO REFLECT THE LAST DAY TO CANCEL AS REDACTED , THE SAME DAY OF DISBURSMENT. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-PCCD received, disb REDACTED - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 822034 | D | A | D | A | D | A | A | A | Closed | FCOM5135 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Required Affiliated Business Disclosure Missing - Due Diligence VendorREDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 822034 | D | A | D | A | D | A | A | A | Closed | FCRE1148 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED Resolved-FTP with coverage received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - The Title policy does not reflect coverage amount. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED Resolved-FTP with coverage received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 822034 | D | A | D | A | D | A | A | A | Closed | FCRE5782 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Resolved-. - Due Diligence VendorREDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 832333 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||||
| REDACTED | 882755 | C | A | C | A | C | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-This closing protection letter does not show the amount of lender's title coverage. Please provide verification of the amount of lenders title coverage. This is an investor requirement. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Yes FNMA requires the lenders title insurance coverage equal to the loan amount but on the Final Title Policy and not on the preliminary title report. - Seller-REDACTED Counter-When REDACTED guidelines are silent, the default is FNMA guidelines. Lenders title insurance coverage equal to the loan amount is required. Please submit title policy showing coverage, the closing protection letter from the title company if it can be associated to the title policy showing coverage, or the final title policy showing the amount of lender's coverage. - Due Diligence Vendor-REDACTED Ready for Review-You are our only investor requiring this. Please provide guidelines regarding this exception. - Seller-REDACTED Counter-Escrow instructions state the loan amount, not the amount of coverage provided as lenders title ins coverage - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Verification of title insurance coverage amount - amount is not listed on preliminary title. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED> Ready for Review-Document Uploaded. Yes FNMA requires the lenders title insurance coverage equal to the loan amount but on the Final Title Policy and not on the preliminary title report. - Seller-REDACTED Ready for Review-You are our only investor requiring this. Please provide guidelines regarding this exception. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 882755 | C | A | C | A | C | A | A | A | Closed | finding-47 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-Documents received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Settlement statement received. A PCCD & verification it was sent to the borrower is required to verify true disbursement date & TILA compliance. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Rescission ended on REDACTED . True Disbursement Date is REDACTED . - Seller-REDACTED Open-This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation.The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. THE DATE OF THE NOTE, DEED AND THE FINAL CD IS REDACTED . THE BORROWER SIGNED CLOSING DOCUMENTS ON REDACTED . THE BORROWER INITIALIZED CHANGES OF THE DATES TO THE NOTICE OF THE RIGHT TO CANCEL. THE LAST DAY TO CANCEL WAS THEN DISCLOSED AS REDACTED WHICH WAS THE DATE OF DISBURSEMENT FROM THE FINAL CD. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. Rescission ended on REDACTED . True Disbursement Date is REDACTED . - Seller-REDACTED |
Resolved-Documents received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 804845 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||||
| REDACTED | 845134 | D | A | D | A | C | A | A | A | Closed | FCOM9464 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Final CD: Summaries of Transaction discrepancy | Resolved-First mtg rate REDACTED - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Signed final CD #2 on page 533, signed on REDACTED is the correct version. Please see attached. IRS was not paid off. They were already paid off from prior transaction and the seller received the release from IRS prior to closing See attached for irs payoff demand and final alta from previous transaction that shows paid off. Thanks! - Buyer-REDACTED Open-There are two final CDs in file. Final CD#1 signed on REDACTED , page 992 - shows payoff to the IRS and cash to borrower of REDACTED . Signed final CD #2 on page 533, signed on REDACTED , shows no payoff to the IRS and REDACTED cash to borrower. Verification of which CD is correct is required as well as verification the IRS debt was paid off since there is a discrepancy in file. - Due Diligence Vendor-REDACTED |
Resolved-First mtg rate REDACTED - Due Diligence VendorREDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 845134 | D | A | D | A | C | A | A | A | Closed | FCRE3464 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Closing/Final Verbal VOE | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached updated CPA letter dated within 30 days of the note. Thanks! - Seller-REDACTED Counter-CPA letter is greater than 30 days from note date, there is no date on the preparer lookup or business license. For S/E, verification must be within 30 days of note date. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached. Thanks! - BuyerREDACTED Open-MIssing closing/VVOE - verification of self-employment - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Hi, Please see attached updated CPA letter dated within 30 days of the note. Thanks! - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 845134 | D | A | D | A | C | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached final CD and 1st payment letter. Thanks! - Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Per notes, borrower refinanced 1st mortgage with REDACTED on REDACTED . The final CD from the new first mortgage and 1st payment coupon are missing from file which are required to verify new first mortgage loan amount, terms, payment information. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Hi, Please see attached final CD and 1st payment letter. Thanks! - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 833853 | D | A | D | A | A | A | A | A | Closed | FCRE1168 | REDACTED | REDACTED | 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-HOI received - Due Diligence Vendor-REDACTED Resolved-Hazard Insurance Coverage Amount of REDACTED is equal to or greater than all Subject Lien(s) and/or Replacement Cost Estimator is provided and Hazard Insurance Coverage Amount is equal to or greater than Replacement Cost Value of REDACTED - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Updated RCE received. Email verification of coverage changes made, however an updated Evidence of Property Insurance showing the Coverage A, premium, effective dates, and lender lien holder is needed. The premium decrease when coverage increased has to be verified with an Evidence of Property Insurance form. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - SellerREDACTED Counter-Title ins documentation received. HOI coverage is needed. Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage Amount of REDACTED 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 REDACTED RCE cannot be used. RCE shows 1465 sq ft & built in REDACTED vs. appraisal showing newer build and 4300+ sq ft. Coverage A is not adequate to cover all outstanding liens. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage Amount of REDACTED 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 REDACTED RCE cannot be used. RCE shows 1465 sq ft & built in REDACTED vs. appraisal showing newer build and 4300+ sq ft. Coverage A is not adequate to cover all outstanding liens. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-HOI received - Due Diligence Vendor-REDACTED Resolved-Hazard Insurance Coverage Amount of REDACTED is equal to or greater than all Subject Lien(s) and/or Replacement Cost Estimator is provided and Hazard Insurance Coverage Amount is equal to or greater than Replacement Cost Value of REDACTED - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 833853 | D | A | D | A | A | A | A | A | Closed | FCRE6763 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income documentation does not meet guidelines | Resolved-Two years current continuous self-employment verified with business license from third party, articles received - resolved. - Due Diligence VendorREDACTED Ready for Review-Regarding the CPA letter -- Manager would like to dispute this since this was full bank statements and the cash out was used for reserves. Can you please clear this? Thank you - Seller-REDACTED Ready for Review-Document Uploaded. Articles of Inc, Bus active license & Bus 100% ownership - working on getting the CPA letter - Seller-REDACTED Counter-REDACTED bank statement received. Still need Business license, articles of operation, business verification documents/CPA letter needed. - There is not 2 years of ownership verified. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-1. REDACTED bank statement is missing.REDACTED is uploaded twice. 2. Business license, articles of operation, business verification documents/CPA letter needed. - There is not 2 years of ownership verified. - Due Diligence Vendor-REDACTED |
Ready for Review-Regarding the CPA letter -- Manager would like to dispute this since this was full bank statements and the cash out was used for reserves. Can you please clear this? Thank you - SellerREDACTED Ready for Review-Document Uploaded. Articles of Inc, Bus active license & Bus 100% ownership - working on getting the CPA letter - SellerREDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Two years current continuous self-employment verified with business license from third party, articles received - resolved. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 833853 | D | A | D | A | A | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Final CD received, DTI under REDACTED%, CD reflects Principal & Interest payment, but DTI is under REDACTED%, therefore resolved. REDACTED first mortgage verified paid off with final CD and FTP. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-0REDACTED Open-Did Ameritrust refinance the Selene first mortgage into a new first mortgage lien of REDACTED? If so, we need the final CD from that transaction showing REDACTED paid off and the new first mortgage note verifying payment/terms. If not, the REDACTED first mortgage statement (pg 380/568) shows the first mortgage currently delinquent. Need verification that both payments due by REDACTED were made and verification REDACTED is not reporting 1x30. If the first is not being refinanced, need a copy of the orginal first mortgage note to verify terms of the mortgage. Title shows REDACTED, but the first mtg balance with Selene is higher than that so must verify this is not a neg am. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Final CD received, DTI under REDACTED%, CD reflects Principal & Interest payment, but DTI is under REDACTED%, therefore resolved. REDACTED first mortgage verified paid off with final CD and FTP. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 833853 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-FTP received, exceptions removed from FTP. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-1. Title policy in file appears to be for the first mortgage coverage of REDACTED. The title policy covering the second lien in the amount of REDACTED is needed. 2. Verification that the open line of credit DOT with REDACTED is closed (REDACTED, title page 353, item #15) 3. Removal of the Financing Statement/UCC lien with REDACTED - title page 353, #17 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-FTP received, exceptions removed from FTP. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 833853 | D | A | D | A | A | A | A | A | Closed | FCRE4805 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Trust/POA Does Not Meet Guideline Requirements | Resolved-Trust cert received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Trust Certification needed - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - SellerREDACTED |
Resolved-Trust cert received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 845599 | D | A | D | A | D | A | A | A | Closed | FCOM1233 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-The Final 1003 is Present - Due Diligence Vendor-REDACTED Resolved-Updated 1003 with correct year received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Final 1003 - pg 30 - is dated REDACTED instead of REDACTED . - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-The Final 1003 is Present - Due Diligence Vendor-REDACTED Resolved-Updated 1003 with correct year received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 845599 | D | A | D | A | D | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 IRS Transcripts Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 845599 | D | A | D | A | D | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-FTP received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Title coverage is not listed on policy, Proof of lenders coverage amount required. - Due Diligence VendorREDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-FTP received - Due Diligence VendorREDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 899010 | D | A | D | A | C | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-First mortgage statement within 60 days of note date received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. please see attached mortgage statement dated before note date. - Seller-REDACTED Counter- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. PLEASE SEE MORTGAGE STATEMENT - Seller-REDACTED Open-First mortgage statement in file is greater than 60 days old. First mortgage statement dated within 60 days of note date required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. please see attached mortgage statement dated before note date. - SellerREDACTED Ready for Review-Document Uploaded. PLEASE SEE MORTGAGE STATEMENT - Seller-REDACTED |
Resolved-First mortgage statement within 60 days of note date received. - Due Diligence VendorREDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 899010 | D | A | D | A | C | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. SEE TRANSCRIPTS - Seller-REDACTED Open-Borrower 1 IRS Transcripts Missing B1 W2 Transcripts for REDACTED & REDACTED 4 missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. SEE TRANSCRIPTS - Seller-REDACTED |
Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 899010 | D | A | D | A | C | A | A | A | Closed | FCRE1365 | REDACTED | REDACTED | 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-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-SEE TRANSCRIPTS - Seller-REDACTED Open-Borrower 2 IRS Transcripts Missing B1 W2 Transcripts forREDACTED &REDACTED missing - Due Diligence Vendor-REDACTED |
Ready for Review-SEE TRANSCRIPTS - Seller-REDACTED |
Resolved-Borrower 2 IRS Transcripts Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 899010 | D | A | D | A | C | A | A | A | Closed | FCRE4001 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing 1008/UW Approval Document | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. PLEASE SEE UPDATED 1008 - Seller-REDACTED Open-Missing 1008/UW Approval Document Updated 1008 with primary wage earner mid score as qualifying FICO per guidelines is required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. PLEASE SEE UPDATED 1008 - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 890620 | D | A | D | A | A | A | A | A | Closed | FCRE1316 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 3rd Party VOE Prior to Close Missing CPA letter used as VVOE is not within 30 days of note date. CPA letter REDACTED , note dateREDACTED . - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 890620 | D | A | D | A | A | A | A | A | Closed | FCRE2109 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open- - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 821864 | C | B | C | B | A | A | A | A | Closed | FCRE1195 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | C | B | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Acknowledged-Document Uploaded. - Due Diligence Vendor-REDACTED Acknowledged-Investor approval received. Exception form from lender received to allow use of guidelines at time of lock vs. application date to allow for REDACTED% CLTV vs. REDACTED% max CLTV as of application date per guideline requirement. - Due Diligence Vendor-REDACTED Open-Guidelines dated REDACTED and Matrix dated REDACTED for an application dated REDACTED reflect maximum CLTV of REDACTED% for a REDACTED representative credit score using bank statement income qualification. However, the calculated CLTV of REDACTED% was used for approval. (REDACTED 1st lien, REDACTED 2nd lien / appraised value REDACTED). The audited CLTV is over the maximum allowed by guidelines. - Due Diligence Vendor-REDACTED |
Acknowledged-Document Uploaded. - Due Diligence Vendor-REDACTED Acknowledged-Investor approval received. Exception form from lender received to allow use of guidelines at time of lock vs. application date to allow for REDACTED% CLTV vs. REDACTED% max CLTV as of application date per guideline requirement. - Due Diligence Vendor-REDACTED |
Low DTI, no derogatory credit prior 48+ months, no mortgage lates, cash back reserves | REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | Originator Post-Close | Yes | |||
| REDACTED | 827201 | D | A | D | A | C | A | A | A | Closed | finding-3635 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved-PCCD & letter in file - Due Diligence Vendor-REDACTED Open-This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% (REDACTED) exceed the comparable charges (REDACTED) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). THE RECORDING FEE WAS DISCLOSED AS REDACTED ON THE INITIAL LE. THE RECORDING FEE INCREASED TO REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Resolved-PCCD & letter in file - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||||
| REDACTED | 827201 | D | A | D | A | C | A | A | A | Closed | finding-3634 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is REDACTED.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). THERE WAS NO APPRAISAL RE-INSPECTION FEE DISCLOSED ON THE INITIAL LE. AN APPRAISAL RE-INSPECTION FEE WAS DISCLOSED IN THE AMOUNT OF REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 827201 | D | A | D | A | C | A | A | A | Closed | finding-3631 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved-PCCD & letter received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. THE RECORDING FEE WAS DISCLOSED AS REDACTED ON THE INITIAL LE. THE RECORDING FEE INCREASED TO REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE.THERE WAS NO APPRAISAL RE-INSPECTION FEE DISCLOSED ON THE INITIAL LE. AN APPRAISAL RE-INSPECTION FEE WAS DISCLOSED IN THE AMOUNT OF REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-PCCD & letter received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 827201 | D | A | D | A | C | A | A | A | Closed | FCRE1201 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Fraud Guard attached - Seller-REDACTED Open-Missing Third Party Fraud Report - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Fraud Guard attached - Seller-REDACTED |
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 889194 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||||
| REDACTED | 869799 | D | A | D | A | A | A | A | A | Closed | FCRE7805 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Income - Bank Statements | Resolved-Resolved - Equifax WVOE - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. WVOE was executed by REDACTED as validated on page 4 of 8. The WVOE is ordered via our credit vendor REDACTED, but is executed by REDACTED. This should be all that is required, no bank statements. - Seller-REDACTED Open-2 months personal bank statements must be provided supporting WVOE employment wages when using WVOE - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. REDACTED was executed by REDACTED as validated on page 4 of 8. The WVOE is ordered via our credit vendor REDACTED, but is executed by REDACTED. This should be all that is required, no bank statements. - Seller-REDACTED |
Resolved-Resolved - Equifax WVOE - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 869799 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Recorded submordination agreement & interspousal deed received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Subordination agreement + interspousal grant deed reflecting removal of REDACTED. - Seller-REDACTED Open-1. Preliminary Title reflects property is vested to - REDACTED, a single man and REDACTED, a single woman as joint tenants. Was there a removal of REDACTED at closing? Updated title needed to verify. REDACTED did not sign any documents or RTC. 2. The subordinated lien from the solar company is noted. This mortgage will be second lien position as required. Please submit final title policy for verification or the recorded subordination agreement. (Unrecorded copy pg 170) - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Subordination agreement + interspousal grant deed reflecting removal of REDACTED. - Seller-REDACTED |
Resolved-Recorded submordination agreement & interspousal deed received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 869799 | D | A | D | A | A | A | A | A | Closed | FCRE1158 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Verification HOI paid at closing on final settlement statement received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Final Settlement Statement confirming haz insurance premium as paid - Seller-REDACTED Open-Verification HOI was paid and is in effect. Proof of HOI in file states "policy will be effective when premium has been paid." (page 42) - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Final Settlement Statement confirming haz insurance premium as paid - SellerREDACTED |
Resolved-Verification HOI paid at closing on final settlement statement received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 869799 | D | A | D | A | A | A | A | A | Closed | FCRE1316 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 3rd Party VOE Prior to Close Missing - VVOE in file is dated REDACTED , appears incorrect year was entered accidentally. Please provide updated VVOE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - SellerREDACTED |
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 816023 | C | A | C | A | A | A | A | A | Closed | FCRE7009 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-100% replacement cost confirmed - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached email from the agent confirming 100% replacement cost. Thanks! - Buyer-REDACTED Open-RCE is over 12 months old - from REDACTED . Coverage A does not cover sum of liens REDACTED. Updated RCE or increased coverage A needed. - Due Diligence Vendor-REDACTED |
Resolved-100% replacement cost confirmed - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 809932 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||||
| REDACTED | 829421 | D | A | A | A | D | A | A | A | Closed | FCOM4227 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Initial CD missing - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached initial CD. Thanks! - Buyer-REDACTED Counter-Hi - we need the initial CD please. This final CD matches what we have in file showing issue date REDACTED and closing date REDACTED . Thanks! - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached final CD. Thanks! - Buyer-REDACTED Open-MISSING THE INITIAL CD. - Due Diligence Vendor-REDACTED |
Resolved-Initial CD missing - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 811968 | D | A | D | A | A | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-0REDACTED Open-Borrower 1 IRS Transcripts Missing - Due Diligence Vendor-REDACTED |
Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||||
| REDACTED | 811968 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-UDM received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence VendorREDACTED Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 Gap Credit Report is Missing The only credit report in the file is dated REDACTED . The Note is dated REDACTED . - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-UDM received - Due Diligence Vendor-REDACTED Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 868177 | D | A | D | A | A | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-REDACTED received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-The most recent two years are required for transcripts. REDACTED received. REDACTED transcripts are required. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-REDACTED transcripts received. Loan is 2 yr full doc, two years of transcripts are required. - Due Diligence Vendor-REDACTED Open-Borrower 1 IRS Transcripts Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-REDACTED received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 864499 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Verification of taxes paid received. AIN number matches additional document from assessor on AIN number with property address. - Due Diligence Vendor-REDACTED Counter-On the upload titled "Proof of Taxes Paid," the REDACTED payment shows delinquent as ofREDACTED . Loan disbursed REDACTED . Please advise. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. The Tax Assessor website shows this property is current. - Seller-REDACTED Open-Property Title Issue Verification of payment of property taxes REDACTED due REDACTED , loan closed REDACTED and taxes were not paid on CD. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. The Tax Assessor website shows this property is current. - Seller-REDACTED |
Resolved-Verification of taxes paid received. AIN number matches additional document from assessor on AIN number with property address. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 864499 | D | A | D | A | A | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Forbearance ended REDACTED . Seasoning & guidelines allow no additional documentation. - Due Diligence Vendor-REDACTED Ready for Review-1. The docs in file shows forbearance which ended in REDACTED . No other information was required due to the seasoning and there are not any negative ratings on credit. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Verification of deferred terms on the first mortgage, modification note/agreement required for verification - Due Diligence Vendor-REDACTED |
Ready for Review-1. The docs in file shows forbearance which ended in REDACTED . No other information was required due to the seasoning and there are not any negative ratings on credit. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Forbearance ended REDACTED . Seasoning & guidelines allow no additional documentation. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 864499 | D | A | D | A | A | A | A | A | Closed | FCRE2109 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Rental income worksheet received. Worksheet shows a higher amount than 1008 and loan submission. Lower amount as submitted on 1008 is used. - Due Diligence Vendor-REDACTED Ready for Review- - Due Diligence Vendor-REDACTED Counter-Lender wage income worksheet received. Rental income worksheet/calculation still needed. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Income worksheet in file is blank and there is no rental income worksheet in file. Updated income worksheet and a rental income worksheet. - Due Diligence VendorREDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Rental income worksheet received. Worksheet shows a higher amount than 1008 and loan submission. Lower amount as submitted on 1008 is used. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 864499 | D | A | D | A | A | A | A | A | Closed | FCRE1439 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Gap Credit Report Incomplete | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-- LOE for inquiry on REDACTED from REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 809924 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||||
| REDACTED | 866157 | D | B | D | B | C | A | C | A | Closed | FCRE1152 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Evidence of Property Tax is present - Due Diligence Vendor-REDACTED Open-Missing Evidence of Property Tax There is no Tax Cert in the file and no Tax information provided on the Title Report. The tax amount entered was taken from the appraisal. - Due Diligence Vendor-REDACTED |
Resolved-Evidence of Property Tax is present - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 866157 | D | B | D | B | C | A | C | A | Closed | FCRE1328 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 W2/1099 Missing | Resolved-Borrower 1 W2/1099 Provided - Due Diligence Vendor-REDACTED Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Received REDACTED W2s &REDACTED W2s. REDACTED W2s from both employers required - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-REDACTED W2s from both employers required - Due Diligence Vendor-REDACTED |
REDACTED W2s received for both employers. - REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 W2/1099 Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 866157 | D | B | D | B | C | A | C | A | Closed | FCRE1964 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing income documentation | Resolved-Lease agreements received. Tax returns are N/A. Property purhased in REDACTED , rented out in REDACTED . - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Lender rental income calculation worksheet received. Still need: documentation of rental income with most recent year (REDACTED ) tax returns including schedule E. The lease agreements submitted for REDACTED (primary?) and REDACTED property do not have beginning dates until REDACTED and REDACTED , respectively. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing documentation of rental income with most recent year (REDACTED ) tax returns including schedule E. The lease agreements submitted for REDACTED and REDACTED property do not have beginning dates until REDACTED and REDACTED , respectively. Need lender income calculation worksheet for rental income also. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Lease agreements received. Tax returns are N/A. Property purhased in REDACTED , rented out in REDACTED . - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 866157 | D | B | D | B | C | A | C | A | Closed | finding-1228 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | State Reg | NJ Second Lien Prohibited Fees Test | Resolved-PCCD and refund check received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Occupancy Inspection Fee of REDACTED is not an allowable fee per the REDACTED second lien prohibited fees test. ( REDACTED §17:11C-80, REDACTED. §§3:15-9.2) ) - Due Diligence Vendor-REDACTED Open- - Due Diligence Vendor-REDACTED Rescinded-This loan failed the second lien prohibited fees test. (REDACTED. §17:11C-80, REDACTED. §§3:15-9.2 )The loan does charge fee(s) not provided for in this act, which is prohibited.A secondary lender shall not contract for a broker's or finder's fee; commission; expense; fine; penalty; premium; or any other thing of value other than the charges authorized by this act.A secondary lender shall have authority to collect only the following:(1) no more than three discount points;(2) reasonable attorney fees at the time the execution of the loan;(3) title examination, abstract of title, survey, and title insurance;(4) credit report fee;(5) appraisal fee;(6) recording fees;(7) application fee;(8) returned check fee not to exceed $20, a late charge not to exceed 5% of the late payment, and(9) on open-end loans, the lesser of an annual fee of $50 or 1% or the line of credit. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-PCCD and refund check received. - Due Diligence Vendor-REDACTED Rescinded-This loan failed the second lien prohibited fees test. ( REDACTED. §17:11C-80, REDACTED. §§3:15-9.2 )The loan does charge fee(s) not provided for in this act, which is prohibited.A secondary lender shall not contract for a broker's or finder's fee; commission; expense; fine; penalty; premium; or any other thing of value other than the charges authorized by this act.A secondary lender shall have authority to collect only the following:(1) no more than three discount points;(2) reasonable attorney fees at the time the execution of the loan;(3) title examination, abstract of title, survey, and title insurance;(4) credit report fee;(5) appraisal fee;(6) recording fees;(7) application fee;(8) returned check fee not to exceed $20, a late charge not to exceed 5% of the late payment, and(9) on open-end loans, the lesser of an annual fee of $50 or 1% or the line of credit. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 866157 | D | B | D | B | C | A | C | A | Closed | FCRE1193 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Docs received - Due Diligence Vendor-REDACTED Counter-DTI over REDACTED%. Note - Verification REDACTED is not owned by borrower is in file. PITIA for that property is not needed as it is not owned by this borrower. - Due Diligence Vendor-REDACTED Counter-Document Uploaded. - Due Diligence VendorREDACTED Counter-Original 1008 re-submitted. Rental income and PITIA on <REDACTED ADDRESS> needed for verification to determine final DTI. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-DTI is over REDACTED%. Rental income and PITIA on <REDACTED ADDRESS> needed for verification to determine final DTI. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Docs received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 866157 | D | B | D | B | C | A | C | A | Closed | FPRO1253 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Property | Data | Secondary Valuation or Additional Valuation has not been entered per securitization requirements | Resolved-Document Received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Original appraisal re-submitted. Property occupancy must be determined. If property is determined to be rental not primary, a desk review is required. - Due Diligence VendorREDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-If property is determined to be rental not primary, a desk review is required. - Due Diligence Vendor-REDACTED Rescinded-Secondary Valuation or Additional Valuation has not been entered per securitization requirements and CU Score, if present, is greater than 2.5 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Document Received. - Due Diligence Vendor-REDACTED Rescinded-Secondary Valuation or Additional Valuation has not been entered per securitization requirements and CU Score, if present, is greater than 2.5 - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 866157 | D | B | D | B | C | A | C | A | Closed | FCRE5770 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-REDACTED Open-Borrower 1 Credit Report is Missing. There is no Credit Report in the file. There is only a supplemental on page 46 but does not include the subject property. - Due Diligence Vendor-REDACTED |
Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 866157 | D | B | D | B | C | A | C | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-VOM uploaded is not for the subject property. Still need the VOM for subject property. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Lease agreements for subject property received. Still need - there is no VOM for the subject property in the file. Mortgage statement from first mortgage company dated within 60 days of the note date required. - Due Diligence Vendor-REDACTED Ready for Review-email from lender - Due Diligence Vendor-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. There is no VOM for the subject property in the file. Mortgage statement from first mortgage company dated within 60 days of the note date required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - SellerREDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 866157 | D | B | D | B | C | A | C | A | Closed | FCRE5782 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Ready for Review-REDACTED does not have gap credit reports so we provide the UDM in lieu of the gap credit. - Seller-REDACTED Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-REDACTED |
Ready for Review-REDACTED does not have gap credit reports so we provide the UDM in lieu of the gap credit. - Seller-REDACTED |
Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 866157 | D | B | D | B | C | A | C | A | Closed | FCRE7497 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Confirmed the borrower does not own this property. - Due Diligence Vendor-REDACTED Open-<REDACTED ADDRESS> is not listed on 1003 as a rental property. Final 1003 to be updated. Verification of any mortgage payments, taxes, and insurance are needed on this property. - Due Diligence Vendor-REDACTED |
Resolved-Confirmed the borrower does not own this property. - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||||
| REDACTED | 866157 | D | B | D | B | C | A | C | A | Closed | FCRE3978 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Letter of Explanation (Credit) | Resolved-Received - titled "LOE" - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter- - Due Diligence Vendor-REDACTED Ready for Review-Credit Inquiry LOE uploaded does not address the UDM inquiries -REDACTED - REDACTED, REDACTED - REDACTED, and 2 inquiries from REDACTED on REDACTED . - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing credit inquiry letter of explanation for UDM inquiries - REDACTED - REDACTED, REDACTED - REDACTED, and 2 inquiries from REDACTED on REDACTED . - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - titled "LOE" - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 866157 | D | B | D | B | C | A | C | A | Closed | FCRE1335 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | D | B | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Acknowledged-REDACTED transcripts received - dated after note/disbursement date - Acknowleged - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-REDACTED W2 Transcripts missing. Received REDACTED & REDACTED again. - Due Diligence Vendor-REDACTED Open-REDACTED W2 Transcripts Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Acknowledged-REDACTED transcripts received - dated after note/disbursement date - Acknowleged - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | |||
| REDACTED | 866157 | D | B | D | B | C | A | C | A | Closed | FCRE6589 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Borrower | Fraud: Potential Occupancy/Current Address Issues identified in the file | Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Verification REDACTED is primary residence as submitted. Documents in file (paystubs, etc.) indicate primary residence is REDACTED, which is listed as a rental property on the 1003. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 866157 | D | B | D | B | C | A | C | A | Closed | FCOM1265 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | Non-Borrower Title Holder Did Not Receive Right of Rescission Form | Resolved-Signed RTC by both owners received - Due Diligence Vendor-REDACTED Open-Non-Borrower Title Holder Did Not Sign/Receive Right of Rescission Form on page 361. - Due Diligence Vendor-REDACTED |
Resolved-Signed RTC by both owners received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 878471 | D | A | D | A | B | A | A | A | Closed | FCRE9000 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Mortgage Statement | Resolved-Received within disbursement date - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please find updated mortgage statement - Seller-REDACTED Open-Missing first mortgage statement dated within 60 days of note date. 1st lien mortgage statement (pg 57) in file is dated more than 60 days prior to the note date. Statement is dated REDACTED and Note date is REDACTED (62 days). Need recent mortgage statement dated within 60 days of the Note date. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please find updated mortgage statement - Seller-REDACTED |
Resolved-Received within disbursement date - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 878471 | D | A | D | A | B | A | A | A | Closed | FCOM6233 | REDACTED | REDACTED | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing evidence required disclosure provided at application | Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-An Initial ROV Appraisal Disclosure is required. However, no Initial ROV Appraisal Disclosure was in the file during review. The Initial ROV Appraisal Disclosure is missing. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 880063 | D | A | D | A | D | A | A | A | Closed | FCRE1193 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Verification received, DTI within guidelines - Due Diligence Vendor-REDACTED Ready for Review-Our borrower co-signed for this property, see attached Note. See attached 12 cancelled checked, mortgage is being paid by borrower. Therefore, excluded but hit borrower with the property tax and insurance because of being on title. - Seller-REDACTED Open-Verification of rental income on rental property required. Borrowers do not qualify with full payment. DTI REDACTED% - Due Diligence Vendor-REDACTED |
Ready for Review-Our borrower co-signed for this property, see attached Note. See attached 12 cancelled checked, mortgage is being paid by borrower. Therefore, excluded but hit borrower with the property tax and insurance because of being on title. - Seller-REDACTED |
Resolved-Verification received, DTI within guidelines - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 880063 | D | A | D | A | D | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Preliminary Title missing lender name and coverage amount. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence VendorREDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 880063 | D | A | D | A | D | A | A | A | Closed | FCRE7497 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-- Missing documentation to verify property taxes for other REO at REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 880063 | D | A | D | A | D | A | A | A | Closed | FCOM5135 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Required Affiliated Business Disclosure Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 883664 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Second Home | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||||
| REDACTED | 824626 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||||
| REDACTED | 862405 | D | A | D | A | A | A | A | A | Closed | FCRE8201 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Payoff received for 1st mortgage to verify there is no balloon amount due for full payoff. Loan account number, balance, etc. match. Resolved. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please also note that we went through the process of also ordering a payoff demand on the first lien to verify if there was any balloon payment or deferred amount due. No notations of such found. - Seller-REDACTED Ready for Review-Balloon page found on page 273 is not executed. There is not a balloon payment found on any supporting documentation. Prelim and Mortgage statement also do not make any mention of a balloon payment. - Seller-REDACTED Open-First mortgage modification cleared with LOE/hardship as per REDACTED guidelines, however, first mortgage has a balloon payment which comes due during the amoritization period of this second lien which makes a second mortgage behind this first ineligible per guidelines. (Balloon page 273) - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please also note that we went through the process of also ordering a payoff demand on the first lien to verify if there was any balloon payment or deferred amount due. No notations of such found. - Seller-REDACTED Ready for Review-Balloon page found on page 273 is not executed. There is not a balloon payment found on any supporting documentation. Prelim and Mortgage statement also do not make any mention of a balloon payment. - Seller-REDACTED |
Resolved-Payoff received for 1st mortgage to verify there is no balloon amount due for full payoff. Loan account number, balance, etc. match. Resolved. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 862405 | D | A | D | A | A | A | A | A | Closed | FCRE1330 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Paystubs Missing | Resolved-Borrower 1 Paystubs Provided - Due Diligence Vendor-REDACTED Ready for Review-Alt Doc type used to qualify is WVOE only. Please note that the WVOE included is executed by Equifax/TheWorkNumber. There should not be any additional income documentation required. - Seller-REDACTED Open-Borrower 1 Paystubs Missing Please advise if this loan should be submitted as a WVOE only income doc type. Received by TPR as full doc. - Due Diligence Vendor-REDACTED |
Ready for Review-Alt Doc type used to qualify is WVOE only. Please note that the WVOE included is executed by Equifax/TheWorkNumber. There should not be any additional income documentation required. - Seller-REDACTED |
Resolved-Borrower 1 Paystubs Provided - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 862405 | D | A | D | A | A | A | A | A | Closed | FCRE1328 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 W2/1099 Missing | Resolved-Borrower 1 W2/1099 Provided - Due Diligence VendorREDACTED Ready for Review-Alt Doc type used to qualify is WVOE only. Please note that the WVOE included is executed by Equifax/TheWorkNumber. There should not be any additional income documentation required. - Seller-REDACTED Open-Borrower 1 W2/1099 Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Alt Doc type used to qualify is WVOE only. Please note that the WVOE included is executed by Equifax/TheWorkNumber. There should not be any additional income documentation required. - Seller-REDACTED |
Resolved-Borrower 1 W2/1099 Provided - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 894935 | D | B | D | B | C | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | D | B | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Acknowledged-Acknowledged. Transcripts obtained post-closing. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 IRS Transcripts Missing B1 W2 transcripts missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Acknowledged-Acknowledged. Transcripts obtained post-closing. - Due Diligence VendorREDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | Originator Post-Close | No | |||
| REDACTED | 894935 | D | B | D | B | C | A | A | A | Closed | FCRE1365 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | D | B | Credit | Missing Doc | Borrower 2 IRS Transcripts Missing | Acknowledged-Acknowledged. W2 Transcripts obtained post-closing. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 2 IRS Transcripts Missing B2 W2 transcripts missing - Due Diligence VendorREDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Acknowledged-Acknowledged. W2 Transcripts obtained post-closing. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | Originator Post-Close | No | |||
| REDACTED | 894935 | D | B | D | B | C | A | A | A | Closed | FCRE2109 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Income Calculation worksheets received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open- - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Income Calculation worksheets received - Due Diligence VendorREDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 894935 | D | B | D | B | C | A | A | A | Closed | finding-3634 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Documents received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is REDACTED.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). THE LOAN ORIGINATION FEE WAS DISCLOSED AS REDACTED ON THE INITIAL LE. THE LOAN ORIGINATION FEE INCREASED TO REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Documents received - Due Diligence VendorREDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 894935 | D | B | D | B | C | A | A | A | Closed | finding-3631 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved-Documents received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. THE LOAN ORIGINATION FEE WAS DISCLOSED AS REDACTED ON THE INITIAL LE. THE LOAN ORIGINATION FEE INCREASED TO REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Documents received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 894935 | D | B | D | B | C | A | A | A | Closed | FCRE1148 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved- - Due Diligence VendorREDACTED Open-Updated title doc received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) Title coverage of REDACTED required equaling new 2nd lien. However, most recent preliminary title page 265/381 reflects REDACTED coverage. The most recent preliminary title is REDACTED less than required. - Due Diligence VendorREDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 894935 | D | B | D | B | C | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Document received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Guidelines require a subject current mortgage statement within 60 days of the note dated REDACTED . However, no subject mortgage statement was located in the file during review. The mortgage statement is missing. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Document received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 894935 | D | B | D | B | C | A | A | A | Closed | FCRE1166 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard Insurance Coverage is less than all Subject Lien(s) | Resolved-RCE received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Hazard Insurance Coverage Amount of REDACTED is less than Total Amount of Subject Lien(s) of REDACTED Hazard Insurance Coverage Amount of REDACTED is less than Total Amount of Subject Lien(s) of REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-RCE received. - Due Diligence Vendor-REDACTED |
Hazard insurance coverage of REDACTED is required, However, insurance page 231 reflects coverage of REDACTED with no estimated replacement cost locate in file. The hazard insurance is REDACTED less than required. | REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||
| REDACTED | 816564 | D | A | D | A | A | A | D | A | Closed | FCRE1316 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 816564 | D | A | D | A | A | A | D | A | Closed | FCRE1328 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 W2/1099 Missing | Resolved-Borrower 1 W2/1099 Provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Transcripts received, still missing Borrower 1 W2/1099 Missing - Missing W-2s for most recent 1 or 2-years required by Guidelines for salaried borrowers - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 W2/1099 Missing - Missing W-2s for most recent 1 or 2-years required by Guidelines for salaried borrowers - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 W2/1099 Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 816564 | D | A | D | A | A | A | D | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Document received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Schedule B Part 1 Exception #12 (pg 260) requires payment, satisfaction and cancellation of the first lien. This is a 2nd lien - 1st lien is not being paid off. Provide corrected title document to remove this requirement. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Document received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 816564 | D | A | D | A | A | A | D | A | Closed | FVAL1310 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Property | Missing Doc | Missing HOA/Condo Certification | Resolved-HOA confirmation received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-- Missing documentation to verify monthly HOA dues of REDACTED per Transmittal form 1008 page 143 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - SellerREDACTED |
Resolved-HOA confirmation received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 865790 | D | A | D | A | A | A | A | A | Closed | FCRE1316 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached VVOE dated REDACTED . Thanks! - Buyer-REDACTED Open-Borrower 1 3rd Party VOE Prior to Close Missing verbal voe from REDACTED is missing for borrower dated within 10 days of closing/Note date REDACTED - Due Diligence Vendor-REDACTED |
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 813971 | D | B | C | B | D | A | A | A | Closed | FCRE1168 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | C | B | Credit | Insurance | Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage is less than all Subject Lien(s) and Replacement Cost Value Provided | Acknowledged-HOI coverage increase received after note/disbursement date. Coverage is now sufficient. Acknowleged. File updated. - Due Diligence Vendor-REDACTED Counter-HOI email received. The total of the liens on the property is REDACTED. Coverage A must be more than REDACTED --OR-- the replacement cost estimator from the insurance company must be provided to verify Coverage A is sufficient. There is no replacement cost estimate that has been submitted at this time. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. please see attached email - Seller-REDACTED Counter-Coverage A must cover total of liens or the documented/verified replacement cost estimate from thei insurance provider. A RCE must be provided or Coverage A must be increased. - Due Diligence Vendor-REDACTED Ready for Review-the HOI shows REDACTED replacement coverage - Seller-REDACTED Open-Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage Amount of REDACTED is less than all Subject Lien(s) - REDACTED and RCE is not provided - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. please see attached email - Seller-REDACTED Ready for Review-the HOI shows REDACTED replacement coverage - Seller-REDACTED |
Acknowledged-HOI coverage increase received after note/disbursement date. Coverage is now sufficient. Acknowleged. File updated. - Due Diligence Vendor-REDACTED |
REDACTED | ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | |||
| REDACTED | 813971 | D | B | C | B | D | A | A | A | Closed | FCOM1233 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved- - Due Diligence Vendor-REDACTED Counter-Schedule of REO received completed. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Schedule REO not completed on final 1003 - Due Diligence VendorREDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
REDACTED | ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 822485 | D | A | D | A | A | A | A | A | Closed | FCRE1252 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Title Document is Incomplete | Resolved-Title Document is Provided And Complete - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Title Document is Incomplete LOAN AMOUNT OF REDACTED DOES NOT MATCH THE NOTE-SEE PG 241. Updated title or final title policy showing lender's title coverage and loan amount of REDACTED needed. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Title Document is Provided And Complete - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 822485 | D | A | D | A | A | A | A | A | Closed | FCRE1155 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Insurance | Subject Property Address on Note does not match Insured Property Address | Resolved-Subject Property on Note matches Insured Property Address - Due Diligence Vendor-REDACTED Resolved-Updated HOI received - address matches - Due Diligence VendorREDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Insured property address shows the city as REDACTED. All other documentation in file (note, appraisal, DOT) show the city as REDACTED. Verification that these are the same is required or updated HOI to show city name changed to REDACTED. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Subject Property on Note matches Insured Property Address - Due Diligence Vendor-REDACTED Resolved-Updated HOI received - address matches - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 822485 | D | A | D | A | A | A | A | A | Closed | FCRE2109 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing income calculation worksheet for B2. (B1 calculation is in file.) - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 853830 | C | A | C | A | A | A | A | A | Closed | FCRE1168 | REDACTED | REDACTED | 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-Hazard Insurance Coverage Amount of REDACTED is equal to or greater than all Subject Lien(s) and/or Replacement Cost Estimator is provided and Hazard Insurance Coverage Amount is equal to or greater than Replacement Cost Value of $ - Due Diligence Vendor-REDACTED Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Extended replacement 25% - Seller-REDACTED Open-Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage Amount of REDACTED 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 $ - Required coverage amount of REDACTED exceeds dwelling coverage of REDACTED - Due Diligence Vendor-REDACTED |
Sufficient coverage with extended replacement verified - REDACTED Ready for Review-Document Uploaded. Extended replacement 25% - Seller-REDACTED |
Resolved-Hazard Insurance Coverage Amount of REDACTED is equal to or greater than all Subject Lien(s) and/or Replacement Cost Estimator is provided and Hazard Insurance Coverage Amount is equal to or greater than Replacement Cost Value of $ - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Investment | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 880208 | D | A | D | A | C | A | A | A | Closed | FCOM1265 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | Non-Borrower Title Holder Did Not Receive Right of Rescission Form | Resolved-Document Uploaded. FTP received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Final Title Policy is attached - Seller-REDACTED Counter-Thank you for calling out that the deed was to be transferred. Please provide the Final title report verifying the deed transfer to just the borrower took place or a copy of the new recorded warranty deed for file documentation. - Due Diligence Vendor-REDACTED Ready for Review-See schedule B -section 1 item ( i ) of the title commitment - Seller-REDACTED Counter-Title document received. Non-borrowing title holder did not sign/receive right of recission, did not sign final CD, and did not sign deed of trust/mortgage as required. Per title report, property is vested to B1 and REDACTED, JTWRS. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Non-borrowing title holder did not sign/receive right of recission, did not sign final CD, and did not sign deed of trust/mortgage as required. Per title report, property is vested to B1 and REDACTED, JTWRS. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Final Title Policy is attached - Seller-REDACTED Ready for Review-See schedule B -section 1 item ( i ) of the title commitment - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Document Uploaded. FTP received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 880208 | D | A | D | A | C | A | A | A | Closed | FCRE1316 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 3rd Party VOE Prior to Close Missing There is no VVOE in the file. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence VendorREDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 880208 | D | A | D | A | C | A | A | A | Closed | FCRE2109 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. See page 3 of attached - Seller-REDACTED Open- - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. See page 3 of attached - Seller-REDACTED |
Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 893816 | C | A | A | A | C | A | A | A | Closed | FCOM2736 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Disclosure | Borrower(s) did not receive 3 days right of rescission | Resolved-Updated RTC received. - Due Diligence VendorREDACTED Ready for Review-Document Uploaded. Hi, Please see attached. Thanks! - Buyer-REDACTED Open-B1 signed RTC on the same day as closing. The non-borrowing owner did not receive 3 days RTC. The non-borrowing owner did not sign the RTC until REDACTED . The RTC expired at midnight on 4/3. CD reflectsREDACTED disbursement. PCCD reflects an updated disbursement date of REDACTED , however, RTC form was not corrected/initialed with correct RTC expiration date. - Due Diligence Vendor-REDACTED |
Resolved-Updated RTC received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | ||||
| REDACTED | 893816 | C | A | A | A | C | A | A | A | Closed | finding-3968 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | ComplianceEase | Nonrefundable Prepaid Finance Charge Test | Resolved-PCCD received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached. Thanks! - Buyer-REDACTED Open-This loan failed the nonrefundable prepaid finance charge test. (REDACTED. Code § 24-4.5-3-201(9))The loan's nonrefundable prepaid finance charge exceeds 2% of the note amount or line of credit. REDACTED State regulation. Total counted in REDACTED testing = REDACTED. Maximum is REDACTED per REDACTED state regulation. - Due Diligence Vendor-REDACTED |
Resolved-PCCD received. - Due Diligence Vendor REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | ||||
| REDACTED | 848679 | C | A | A | A | C | A | A | A | Closed | FCOM1265 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | Non-Borrower Title Holder Did Not Receive Right of Rescission Form | Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached. REDACTED is deceased and was removed at closing. Thanks! - Buyer-REDACTED Open-Property is vested in REDACTED and REDACTED, JTWROS. REDACTED must sign the Final CD, Right to Cancel, and DOT/Mortgage. No documents in file contain REDACTED signature. - Due Diligence VendorREDACTED |
Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 844283 | D | A | D | A | A | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-Credit supplement received for first lien - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-First mtg statement received. Print out of payment history is received, however, this is an ineligible senior lien - first mortgage not reporting on credit report - full written VOM from lending institution required - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. FVOE attached - Seller-0REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. 1. Missing mortgage statement within 60 days of Note required by Guidelines. Lender provided Note at origination dated REDACTED page 134 2. Ineligible senior lien - first mortgage not reporting on credit report - full written VOM from lending institution required - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. FVOE attached - Seller-REDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-Credit supplement received for first lien - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 844283 | D | A | D | A | A | A | A | A | Closed | FCRE1316 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, My apologies that Some of the docs got uploaded under the wrong condition. Please check the attachments under VOM and VOE as the documents are all there thanks! - Seller-REDACTED Open-Borrower 1 3rd Party VOE Prior to Close Missing - Verification of employment dated REDACTED exceeds 10 days from closing REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Hi, My apologies that Some of the docs got uploaded under the wrong condition. Please check the attachments under VOM and VOE as the documents are all there thanks! - Seller-REDACTED |
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 844283 | D | A | D | A | A | A | A | A | Closed | FCRE1148 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. corrected Schedule A attached - Seller-REDACTED Open-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien of REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. corrected Schedule A attached - Seller-REDACTED |
Resolved-Title Coverage Amount of REDACTEDis Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 881541 | D | A | D | A | A | A | A | A | Closed | FCRE2109 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-1007 rent REDACTED, PITIA 1838- resolved - Due Diligence Vendor-REDACTED Counter-Rental Income Worksheet received for REDACTED. Worksheet still required for REDACTED - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open--Missing rental income worksheet for Borrower's other REO - both properties. (* TPR calculation for REDACTED - Rental income from Sch E - REDACTED . page 24 - First mtg payment with escrow - REDACTED + REDACTED HOA from taxes = REDACTED-REDACTED-REDACTED=REDACTED/month vs. lender REDACTED/month. *TPR using 1003 figure for REDACTED ADDRESS which is loss of REDACTED/month until verification documents are received.) - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-1007 rent redacted, PITIA 1838- redacted - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 881541 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2025-05-01 10:12 | 2025-05-22 12:43 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-1007 rent 1900, PITIA 1838- resolved - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. the property located in REDACTED was a concurrent purchase of an investment property. See attached Final CC, payment letter, and note. 1007 used for rental income. - Seller-REDACTED Open-- Missing documentation to verify monthly payments for other REO at REDACTED. Loan file contains only form 1007 for the property page 378 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. the property located in REDACTED was a concurrent purchase of an investment property. See attached Final CC, payment letter, and note. 1007 used for rental income. - Seller-REDACTED |
Resolved-1007 rent REDACTED, PITIA REDACTED- resolved - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 881541 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-PCCD and settlement statement verifying other half of taxes due paid at closing received. - Due Diligence VendorREDACTED Ready for Review-Document Uploaded. Paid at close - Seller-REDACTED Open-Verification other half of REDACTED taxes are paid (#8 and #9 on title). verification first half is paid on pg 202 in file. - Due Diligence VendorREDACTED |
Ready for Review-Document Uploaded. Paid at close - Seller-REDACTED |
Resolved-PCCD and settlement statement verifying other half of taxes due paid at closing received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 880345 | D | A | D | A | D | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 IRS Transcripts Missing - Missing W2 transcripts required by guidelines for salaried borrowers - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 880345 | D | A | D | A | D | A | A | A | Closed | FCOM5135 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Required Affiliated Business Disclosure Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 880345 | D | A | D | A | D | A | A | A | Closed | FCRE1152 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Document Uploaded. Verification of AIN uploaded, verification of taxes paid per county uploaded. Resolved. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please see attached Final Title Policy - Seller-REDACTED Open-Verification that the property taxes due prior to closing on REDACTED in the amount of REDACTED per title report are paid/ (Payment not included on final CD). - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please see attached Final Title Policy - Seller-REDACTED |
Resolved-Document Uploaded. Verification of AIN uploaded, verification of taxes paid per county uploaded. Resolved. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 811461 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||||
| REDACTED | 834695 | D | A | D | A | A | A | A | A | Closed | FCRE3978 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Letter of Explanation (Credit) | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see the attached CORRECT credit report. The FICO is 802, and no inquiries. Thank you!! - Buyer-REDACTED Open-Guidelines page 18 require If no credit was extended, borrower must state the purpose of the inquiry. However, inquiry page 558 by REDACTED was not addressed. The LOE for inquiry is missing. - Due Diligence Vendor-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 862723 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||||
| REDACTED | 814349 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Document Uploaded. FTP received - Due Diligence Vendor-REDACTED Ready for Review-wouldn’t the title coverage be for the loan amount? - Seller-REDACTED Counter-Lenders title coverage amount not received. Document provided shows loan amount. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Lender's title coverage is missing amount from title policy - Due Diligence Vendor-REDACTED |
Ready for Review-wouldn’t the title coverage be for the loan amount? - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Document Uploaded. FTP received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 814349 | D | A | D | A | A | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Credit supplement with first mortgage received. Qualified as I/O - under 45% - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-First mortgage with Shellpoint is not reported on Credit. Full Verification of Mortgage is required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Credit supplement with first mortgage received. Qualified as I/O - under 45% - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 814349 | D | A | D | A | A | A | A | A | Closed | FCRE8611 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-CA Sec of state verification received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower Business License for the past two years is required - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-CA Sec of state verification received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 806854 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||||
| REDACTED | 860308 | D | B | D | B | C | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Document Uploaded. Tax cert received, TPR verified parcel ID to subject address - Tax Cert Address Verification document in file - Due Diligence Vendor-REDACTED Ready for Review-The county does not report when paid only what is due. There are no taxes due for this year and no delinquencies due per tax cert meaning they were paid previously by the 1st servicer (impounds exist on 1st TD per mortgage statement in file). Please clear based on most recent uploaded tax cert. - Seller-REDACTED Counter-There is no "paid date" refelcting for the second half. Delq date shows as REDACTED . Please advise. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. see attached tax cert. 1st and 2nd half paid - Buyer-REDACTED Counter-Tax Cert received. Taxes show delinquent as of REDACTED , note date was REDACTED . Verification of delinquent taxes paid is needed. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Tax cert attached - Seller-REDACTED Open-Tax verification is missing - pg 565. Please provide the updated title/supplement with tax information. - Due Diligence Vendor-REDACTED |
Ready for Review-The county does not report when paid only what is due. There are no taxes due for this year and no delinquencies due per tax cert meaning they were paid previously by the 1st servicer (impounds exist on 1st TD per mortgage statement in file). Please clear based on most recent uploaded tax cert. - Seller-REDACTED Ready for Review-Document Uploaded. Tax cert attached - Seller-REDACTED |
Resolved-Document Uploaded. Tax cert received, TPR verified parcel ID to subject address - Tax Cert Address Verification document in file - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 860308 | D | B | D | B | C | A | A | A | Closed | FCRE1365 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | D | B | Credit | Missing Doc | Borrower 2 IRS Transcripts Missing | Acknowledged-Transcripts ordered after note & disbursement date, not in file at closing. Transcripts received. Acknowledged. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. 2 years transcripts uploaded - Seller-REDACTED Open-Borrower 2 IRS Transcripts Missing B2 W2 transcripts missing -REDACTED & REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. 2 years transcripts uploaded - SellerREDACTED |
Acknowledged-Transcripts ordered after note & disbursement date, not in file at closing. Transcripts received. Acknowledged. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | Originator Post-Close | No | |||
| REDACTED | 860308 | D | B | D | B | C | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | D | B | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Acknowledged-Transcripts ordered after note & disbursement date, not in file at closing. Transcripts received. Acknowledged. - Due Diligence Vendor-REDACTED Resolved-Transcripts received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. 2 yrs transcripts uploaded - Seller-REDACTED Open-Borrower 1 IRS Transcripts Missing B1 W2 transcripts missing - REDACTED & REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. 2 yrs transcripts uploaded - Seller-REDACTED |
Acknowledged-Transcripts ordered after note & disbursement date, not in file at closing. Transcripts received. Acknowledged. - Due Diligence Vendor-REDACTED Resolved-Transcripts received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | Originator Post-Close | No | |||
| REDACTED | 860308 | D | B | D | B | C | A | A | A | Closed | finding-3638 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Reimbursement Amount Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. COC/LE attached - Buyer-REDACTED Open-This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of REDACTED, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, REDACTED.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation. POINTS WERE DISCLOSED IN THE AMOUNT OF REDACTED ON THE INITIAL LE. POINTS INCREASED TO THE AMOUNT OF REDACTED ON THE FINAL CD. NO CREDIT REPORT FEE WAS DISCLOSED ON THE INTIIAL LE. A CREDIT REPORT WAS DISCLOSED AS REDACTED ON THE FINAL CD. NO CONDO DOCS FEE WAS DISCLOSED ON THE INITIAL LE. A CONDO DOCS FEE WAS DISCLOSED IN THE AMOUNT OF REDACTED ON THE FINAL CD. A LENDERS TITLE INSURANCE FEE WAS DISCLOSED AS REDACTED ON THE INITIAL LE. THE LENDERS TITLE INSURANCE FEE WAS DISCLOSED AS REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 860308 | D | B | D | B | C | A | A | A | Closed | finding-3635 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. COC/LE for condo doc fee/updated title fees attached. - Buyer-REDACTED Open-This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% (REDACTED) exceed the comparable charges (REDACTED) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). NO CONDO DOCS FEE WAS DISCLOSED ON THE INITIAL LE. A CONDO DOCS FEE WAS DISCLOSED IN THE AMOUNT OF REDACTED ON THE FINAL CD. A LENDERS TITLE INSURANCE FEE WAS DISCLOSED AS REDACTED ON THE INITIAL LE. THE LENDERS TITLE INSURANCE FEE WAS DISCLOSED AS REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 860308 | D | B | D | B | C | A | A | A | Closed | finding-3634 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-COC received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. COC/LE reflecting change/redisclosure attached. - Seller-REDACTED Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is REDACTED.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). POINTS WERE DISCLOSED IN THE AMOUNT OF REDACTED ON THE INITIAL LE. POINTS INCREASED TO THE AMOUNT OF REDACTED ON THE FINAL CD. NO CREDIT REPORT FEE WAS DISCLOSED ON THE INTIIAL LE. A CREDIT REPORT WAS DISCLOSED AS REDACTED ON THE FINAL CD. NO COC OR REIMBURSEMENT WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. COC/LE reflecting change/redisclosure attached. - Seller-REDACTED |
Resolved-COC received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 898847 | D | A | D | A | A | A | A | A | Closed | FCRE1252 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Title Document is Incomplete | Resolved-Document received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached. Title provided an updated tax cert reflecting the taxes were paid. They indicated the final title policy isn't ready yet. Thanks! - Buyer-REDACTED Counter-With the taxes being listed on title, we need to verify they were paid. Do you have the final title policy with that removed yet by chance? - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see the attached mortgage coupon for the 1st lien. the taxes and insurance are impounded. We do not police the disbursement as a requirement of closing a 2nd when the taxes are impounded. Thanks! - Buyer-REDACTED Open-Title Document is Incomplete TITLE- PG 515 SHOWS TAXES IN THE AMOUNT OF $3988.56 DUE REDACTED . LOAN CLOSED ON REDACTED AND TAXES WERE NOT PAID ON CD. Verification taxes paid is required. - Due Diligence Vendor-REDACTED |
Resolved-Document received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 854860 | D | A | D | A | D | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Verification of deed transfer received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Vesting on title is in the name of the individuals. The DOT/Mtg shows the Mortgagor as REDACTED. The uploaded title documents do not reflect a deed transfer at closing. The DOT/Mtg must match recorded vesting. - Due Diligence Vendor-REDACTED Ready for Review- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Property Title Issue - Current Title vesting is in Individual and not LLC (Borrower) page 363 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Verification of deed transfer received - Due Diligence Vendor-REDACTED |
REDACTED | ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 854860 | D | A | D | A | D | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Document received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi See attached REDACTED stmt under 60 days from note dated REDACTED thank you - Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. - Missing mortgage statement for First lien dated within 60 days of note date - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Hi See attached REDACTED stmt under 60 days from note dated4/10 thank you - Seller-REDACTED |
Resolved-Document received. - Due Diligence Vendor-REDACTED |
REDACTED | ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 854860 | D | A | D | A | D | A | A | A | Closed | FCRE1148 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien of REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED |
REDACTED | ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 854860 | D | A | D | A | D | A | A | A | Closed | FCOM1228 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Other Rider is Missing | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Copy of Mortgage and email from title to confirm re-record is in process - Seller-REDACTED Open-Missing Business Loan Rider referenced on Deed of Trust - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Copy of Mortgage and email from title to confirm re-record is in process - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 854860 | D | A | D | A | D | A | A | A | Closed | FCRE4001 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing 1008/UW Approval Document | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. 003 & 1008 Attached - Seller-REDACTED Open-Missing 1008/UW Approval Document . - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. 003 & 1008 Attached - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 890178 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||||
| REDACTED | 810630 | D | A | D | A | A | A | A | A | Closed | FCRE1202 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-REDACTED Resolved-Resolved - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached fraud report and the items added to clear. Thanks! - Seller-REDACTED Open-Third Party Fraud Report Partially Provided ONLY WATCH LIST WAS PROVIDED. SEE PAGE 425 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Hi, Please see attached fraud report and the items added to clear. Thanks! - Seller-REDACTED |
Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-REDACTED Resolved-Resolved - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 810630 | D | A | D | A | A | A | A | A | Closed | FCRE8611 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-LOE received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached cash out LOE. Thanks! - Buyer-REDACTED Open-1. REASON FOR CASH OUT LETTER IS MISSING FROM LOAN FILE - Due Diligence Vendor-REDACTED |
Resolved-LOE received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 810630 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached gap credit report dated within 15 days of the note. Thanks! - Buyer-REDACTED Open-Borrower 1 Gap Credit Report is Missing CREDIT REPORT IS DATED REDACTED MORE THAN 30 DAYS TO NOTE DATE OF REDACTED - Due Diligence Vendor-REDACTED |
Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 810630 | D | A | D | A | A | A | A | A | Closed | FCRE5783 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Gap Credit Report is Missing | Resolved-Borrower 2 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached gap credit report dated within 15 days of the note. Thanks! - Buyer-REDACTED Open-Borrower 2 Gap Credit Report is Missing - Due Diligence Vendor-REDACTED |
Resolved-Borrower 2 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 824966 | D | A | D | A | D | A | A | A | Closed | FCRE1146 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Title Document is Partially Present | Resolved-Title Document is fully Present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Proof of property taxes paid and CPL uploaded. - Seller-REDACTED Open-Title Document is incomplete or only partially present 1. PRELIMINARY TITLE IS MISSING COVERAGE AMOUNT 2. Verification taxes showing delinquent (REDACTED +REDACTED penalty) prior to note date on title are paid at/prior to closing. Taxes do not show paid on final CD. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Proof of property taxes paid and CPL uploaded. - Seller-REDACTED |
Resolved-Title Document is fully Present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 824966 | D | A | D | A | D | A | A | A | Closed | FCOM1266 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Missing | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Please see uploaded initial disclosure package. - Seller-REDACTED Open-Homeownership Counseling Disclosure Is Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Please see uploaded initial disclosure package. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 824966 | D | A | D | A | D | A | A | A | Closed | FCOM1287 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Consumer Caution and Home Owner Counseling Notice is Missing | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Initial disclosure package uploaded which includes missing disclosure. - Seller-REDACTED Open-Consumer Caution and Home Owner Counseling Notice is Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Initial disclosure package uploaded which includes missing disclosure. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 873359 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||||
| REDACTED | 890676 | D | A | D | A | A | A | D | A | Closed | FVAL8946 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Property | Missing Doc | Missing Appraisal | Resolved-Investor compliance review of QM status received - Due Diligence Vendor-REDACTED Counter-AVM received. Loan is a HPML, requires full appraisal and appraisal delivery prior to closing cannot be waived. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. AVM showing value REDACTED. - Seller-REDACTED Open-Valuation is missing. Exterior Inspection with no value is in file. Loan is a HPML, requires full appraisal and appraisal delivery prior to closing cannot be waived. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. AVM showing value REDACTED. - Seller-REDACTED |
Resolved-Investor compliance review of QM status received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | QM: Rebuttable Presumption DTI (DTI RP) | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 890676 | D | A | D | A | A | A | D | A | Closed | finding-3352 | REDACTED | REDACTED | Resolved | 1 - Information | A | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Document Uploaded. Investor compliance review of QM status received - Due Diligence Vendor-REDACTED Counter-Loan status remains NQM - HPML. Rebuttable presumption cannot be granted with the inclusion of asset depletion income. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. THIS IS A NON QM LOAN. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Document Uploaded. Investor compliance review of QM status received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | QM: Rebuttable Presumption DTI (DTI RP) | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 890676 | D | A | D | A | A | A | D | A | Closed | FCRE3978 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Letter of Explanation (Credit) | Resolved-Reason for cash out received - Due Diligence VendorREDACTED Ready for Review-Document Uploaded. LOX for reason for Refi - Seller-REDACTED Counter-LOE for cash out is missing, credit explanation LOE received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-USE FOR CASH OUT LETTER IS MISSING FROM FROM FILE - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. LOX for reason for Refi - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Reason for cash out received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | QM: Rebuttable Presumption DTI (DTI RP) | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 890676 | D | A | D | A | A | A | D | A | Closed | FCRE3466 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing evidence of sufficient insurance for condo project | Resolved-Master policy received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Master Policy Attached - Seller-REDACTED Open-Condo master insurance is missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Master Policy Attached - Seller-REDACTED |
Resolved-Master policy received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | QM: Rebuttable Presumption DTI (DTI RP) | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 890676 | D | A | D | A | A | A | D | A | Closed | FCRE1173 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | HO6 Master Insurance Policy is Missing | Resolved-HO-6 Master Insurance Policy is fully present - Due Diligence Vendor-REDACTED Resolved- - Due Diligence VendorREDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing HO-6 Master Insurance Policy - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-HO-6 Master Insurance Policy is fully present - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | QM: Rebuttable Presumption DTI (DTI RP) | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 890676 | D | A | D | A | A | A | D | A | Closed | FCRE4001 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing 1008/UW Approval Document | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. 1003 & 1008 please scroll to end - Seller-REDACTED Open-Missing 1008/UW Approval Document 1008 to be amended to reflect subject property is a condominium - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. 1003 & 1008 please scroll to end - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | QM: Rebuttable Presumption DTI (DTI RP) | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 890676 | D | A | D | A | A | A | D | A | Closed | FCRE1201 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing Third Party Fraud Report - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | QM: Rebuttable Presumption DTI (DTI RP) | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 890676 | D | A | D | A | A | A | D | A | Closed | FCRE1193 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-REDACTED paid at closing on final CD - section K - due from borrower. DTI within guidelines. - Due Diligence Vendor-REDACTED Open-REDACTED payment on credit report is not included by lender in DTI calculation. DTI as calculated by TPR is REDACTED% - Due Diligence VendorREDACTED |
Resolved-REDACTED paid at closing on final CD - section K - due from borrower. DTI within guidelines. - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | QM: Rebuttable Presumption DTI (DTI RP) | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||||
| REDACTED | 817405 | D | A | C | A | D | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Preliminary Title in file (pg 111) does not indicate amount of title insurance. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 817405 | D | A | C | A | D | A | A | A | Closed | FCOM5135 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Required Affiliated Business Disclosure Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 848574 | C | A | C | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Property Title Issue - The Title policy is vested in REDACTED., however, Note/Deed of Trust reflects REDACTED. Loan file contains Quit claim Deed which states borrower answers both names, however, an AKA affidavit is needed. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 848574 | C | A | C | A | A | A | A | A | Closed | FCRE1148 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien of REDACTED. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 847456 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||||
| REDACTED | 896348 | D | B | D | A | A | A | C | B | Closed | FVAL2477 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Property | Appraisal | Appraisal incomplete (missing map, layout, pages, etc.) | Resolved-Investor confirmation that picture on PCI is acceptable received. Resolved. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. HI, Please find AVM that was used for this file. Please advised of more information if this is not accepted Thanks! - Seller-REDACTED Counter-THE PCI/exterior report was uploaded again. The AVM picture cannot be replaced by the Exterior Property Condition Inspection picture without an exception from the investor. A clear picture on the AVM valuation is required. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-The AVM picture cannot be replaced by the Exterior Property Condition Inspection picture without an exception from the investor. A clear picture on the AVM valuation is required. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Attached is the LOX from the UW and the clear Photo from the AVM of subject property - Seller-REDACTED Open-AVM picture of collateral is blurred & unable to see collateral property. AVM must be resubmitted with clear picture of the collateral. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. HI, Please find AVM that was used for this file. Please advised of more information if this is not accepted Thanks! - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. Attached is the LOX from the UW and the clear Photo from the AVM of subject property - Seller-REDACTED |
Resolved-Investor confirmation that picture on PCI is acceptable received. Resolved. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | |||
| REDACTED | 896348 | D | B | D | A | A | A | C | B | Closed | FCRE0360 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document received - mtg stmt received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. - Mortgage statement dated REDACTED exceeds 60 days from Note dated REDACTED allowed by guidelines (Exception Waiver form for the AVM variance was uploaded to this condition) - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Exception Waiver attached - Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. - Mortgage statement dated REDACTED exceeds 60 days from Note dated REDACTED allowed by guidelines - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. Exception Waiver attached - Seller-REDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document received - mtg stmt received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | |||
| REDACTED | 896348 | D | B | D | A | A | A | C | B | Closed | FCRE5790 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Borrower 1 Gap Credit Report is not expired. - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. UDN Credit Gap covered B1 - Seller-REDACTED Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). - Gap report being REDACTED days from Note exceeds 15 days allowed by guidelines - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. UDN Credit Gap covered B1 - Seller-REDACTED |
Resolved-Borrower 1 Gap Credit Report is not expired. - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | |||
| REDACTED | 896348 | D | B | D | A | A | A | C | B | Closed | FCRE5791 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 2 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Borrower 2 Gap Credit Report is not expired. - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. UDN B2 credit gap covered - Seller-REDACTED Open-Borrower 2 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). - Gap report being REDACTED days from Note exceeds 15 days allowed by guidelines - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. UDN B2 credit gap covered - Seller-REDACTED |
Resolved-Borrower 2 Gap Credit Report is not expired. - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | |||
| REDACTED | 896348 | D | B | D | A | A | A | C | B | Closed | FCRE2109 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Received comments on 1008 page 2 with income calculations. Lender income calculation shows an average of REDACTED commission income, although commission income is currently received and was in REDACTED . TPR calculation is REDACTED W2 of REDACTED+ REDACTED W2 of REDACTED + REDACTED YTD through REDACTED of REDACTED = REDACTED/REDACTED months = REDACTED per month. Total of lender income is REDACTED/month which is more conservative, therefore, using the more conservative calculation. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Calc Worksheet attached - Seller-REDACTED Open- - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Calc Worksheet attached - Seller-REDACTED |
Resolved-Received comments on 1008 page 2 with income calculations. Lender income calculation shows an average of REDACTED commission income, although commission income is currently received and was in REDACTED . TPR calculation is REDACTED W2 of REDACTED+ REDACTED W2 of REDACTED +REDACTED YTD through REDACTED of REDACTED = REDACTED/REDACTED months = REDACTED per month. Total of lender income is REDACTED/month which is more conservative, therefore, using the more conservative calculation. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | |||
| REDACTED | 896348 | D | B | D | A | A | A | C | B | Closed | FCRE1347 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 3rd Party VOE Prior to Close Missing | Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. FVOE B2 attached - Seller-REDACTED Open-Borrower 2 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. FVOE B2 attached - Seller-REDACTED |
Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | |||
| REDACTED | 896348 | D | B | D | A | A | A | C | B | Closed | FVAL3525 | REDACTED | REDACTED | Waived | 2 - Non-Material | C | B | Property | Appraisal | Valuation product is deficient | Waived-REDACTED acceptance in file, lender exception form received. - Due Diligence Vendor-REDACTED Counter-No exception form received ***1. Exception form with compensating factors signed by Underwriter is required.***REDACTED email exception allowance is in file- pg 211 REDACTED email exception allowance is in file- pg 211 - FSD score on AVM provided is REDACTED% which therefore fails to meet guidelines limit of 90%, however, lender provided guidelines exception approval allowing the FSD score based on the following compensating factors: page 211 - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-**1. Exception form with compensating factors signed by Underwriter is required.*** REDACTED email exception allowance is in file- pg 211 - FSD score on AVM provided is REDACTED% which therefore fails to meet guidelines limit of 90%, however, lender provided guidelines exception approval allowing the FSD score based on the following compensating factors: page 211 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Waived-REDACTED acceptance in file, lender exception form received. - Due Diligence Vendor-REDACTED |
FICO score of REDACTED - REDACTED% DTI - Sufficient reserves - No late payments in 10 years - Good credit history |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | ||
| REDACTED | 894173 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||||
| REDACTED | 869715 | D | A | D | A | A | A | A | A | Closed | FCRE5783 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Gap Credit Report is Missing | Resolved-Borrower 2 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. hi, Please see attached gap credit dated within 15 days of the note. Thanks! - Buyer-REDACTED Open-Borrower 2 Gap Credit Report is Missing - supplement in file pg 138 is only first mortgage - Due Diligence Vendor-REDACTED |
Resolved-Borrower 2 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 869715 | D | A | D | A | A | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-VOM received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached updated statement along with a signed letter to confirm the late fee was paid. Thanks! - Buyer-REDACTED Open-First mortgage statement (pg 130) is dated REDACTED , over 60 days old from note date. First mortgage statement within 60 days of note date required. - Due Diligence Vendor-REDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-VOM received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 869715 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. hi, Please see attached gap credit dated within 15 days of the note. Thanks! - Buyer-REDACTED Open-Borrower 1 Gap Credit Report is Missing - supplement in file pg 138 is only first mortgage - Due Diligence Vendor-REDACTED |
Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 830741 | C | B | C | B | A | A | A | A | Closed | FCRE1193 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Updated income - DTI is exactly REDACTED% - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open- Audited DTI REDACTED% vs Lender's DTI of REDACTED% - Lender applied REDACTED as mortgage insurance while mortgage statement reflects REDACTED. page 137,217 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Updated income - DTI is exactly REDACTED% - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 830741 | C | B | C | B | A | A | A | A | Closed | FCRE1437 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | C | B | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Acknowledged-Updated paystub received, dated after note date. Note date REDACTED . Paystub date REDACTED . Updated income worksheet and 1008 received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Income and Employment Do Not Meet Guidelines - Age of income documentation for borrower's other employment at REDACTED exceeds 60 days from Note allowed by guidelines. Paystub last pay date is REDACTED vs Note date of REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Acknowledged-Updated paystub received, dated after note date. Note date REDACTED . Paystub date REDACTED . Updated income worksheet and 1008 received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | Originator Post-Close | No | |||
| REDACTED | 830741 | C | B | C | B | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Updated commitment received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-PTC (pg 207) Schedule B-1, #5 indicates the 1st DOT is required to be satisfied, released, or subordinated. Subject lien is a 2nd DOT and 1st lien is not being paid off. Corrected title required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Updated commitment received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 898227 | D | A | D | A | D | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-Mtg statement dated REDACTED received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. REDACTED mtg stmt - Seller-REDACTED Counter-Mortgage Statement uploaded is dated REDACTED . Mortgage Statement for subject property first lien dated within 60 days of closing is required. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Another one due REDACTED - Seller-REDACTED Ready for Review-Document Uploaded. Mortgage pymt due REDACTED - Seller-REDACTED Open-Mortgage statement in file is dated REDACTED . FIrst mortgage statement within 60 days of note date is required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. REDACTED mtg stmt - Seller-REDACTED Ready for Review-Document Uploaded. Another one due REDACTED - Seller-REDACTED Ready for Review-Document Uploaded. Mortgage pymt due REDACTED - Seller-REDACTED |
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED Resolved-Mtg statement dated REDACTED received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 898227 | D | A | D | A | D | A | A | A | Closed | FCRE2109 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. updated bk stmt and ICW showing 12 mos - Seller-REDACTED Open- - Due Diligence Vendor-REDACTED |
Bank statement income is not verified within 60 days of note date. February stmt in file ends REDACTED . Note date is REDACTED . Updated bank statements and income calculation worksheet required. - REDACTED Ready for Review-Document Uploaded. updated bk stmt and ICW showing 12 mos - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 898227 | D | A | D | A | D | A | A | A | Closed | FCRE1168 | REDACTED | REDACTED | 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-RCE received, Insurance Coverage adequate - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. RCE - Seller-REDACTED Counter-Insurance coverage must be sufficient to cover all outstanding liens on the property or the Replacement Cost Value. 1st Mtg balance REDACTED + new 2nd lien REDACTED = REDACTED. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hello, Im not sure where I am missing how you come up with it --- the HOI uploaded has full dwelling coverage of REDACTED. Total loan amt is REDACTED. Please advise - Seller-REDACTED Open-Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage Amount of REDACTED 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 $ 1ST MORTGAGE + NEW SECOND REDACTED=REDACTED. INSURANCE COVERAGE IS REDACTED+REDACTED=REDACTED NO RCE provided in file. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. RCE - Seller-REDACTED Ready for Review-Document Uploaded. Hello, Im not sure where I am missing how you come up with it --- the HOI uploaded has full dwelling coverage of REDACTED. Total loan amt is REDACTED. Please advise - Seller-REDACTED |
Resolved-RCE received, Insurance Coverage adequate - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 898227 | D | A | D | A | D | A | A | A | Closed | FCRE8946 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income documentation expiration dates | Resolved-Updated income calculation worksheet and bank statements for REDACTED & REDACTED received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. also updated bk stmts - Seller-REDACTED Ready for Review-Document Uploaded. updated ICW - Seller-REDACTED Open-Bank statement income is not verified within 60 days of note date. February stmt in file ends REDACTED . Note date is REDACTED . Updated bank statements and income calculation worksheet required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. also updated bk stmts - Seller-REDACTED Ready for Review-Document Uploaded. updated ICW - Seller-REDACTED |
Resolved-Updated income calculation worksheet and bank statements for REDACTED & REDACTED received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 898227 | D | A | D | A | D | A | A | A | Closed | FCRE4001 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing 1008/UW Approval Document | Resolved-1008/Approval received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. updated 1008 - Seller-REDACTED Open-Missing 1008/UW Approval Document Updated 1008 with recalculated income required - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. updated 1008 - Seller-REDACTED |
Resolved-1008/Approval received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 898227 | D | A | D | A | D | A | A | A | Closed | FCOM6472 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Note data | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-There is one borrower submitted on this loan. The note has an additional person that has signed as a borrower - REDACTED as borrower. Lender to advise. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 898227 | D | A | D | A | D | A | A | A | Closed | FCRE1146 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Title Document is Partially Present | Resolved-Document received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. final title policy - Seller-REDACTED Open-Title Document is incomplete or only partially present Lender's coverage is missing from preliminary title. Verification of lenders coverage required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. final title policy - Seller-REDACTED |
Resolved-Document received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 860285 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||||
| REDACTED | 819861 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||||
| REDACTED | 849902 | D | A | D | A | A | A | A | A | Closed | FCRE1347 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 3rd Party VOE Prior to Close Missing | Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. pre close VVOE uploaded - Buyer-REDACTED Open-Borrower 2 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-REDACTED |
Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 849902 | D | A | D | A | A | A | A | A | Closed | FCRE8611 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Corrective WVOE uploaded - Buyer-REDACTED Open-Borrower 2 WVOE signed date does not include 'Year'. It reflects it was signed on REDACTED page 380 - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||||
| REDACTED | 849902 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Final title policy received - all items resolved. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. corrective policy attached. - Seller-REDACTED Open-Property Title Issue 1. Preliminary Title in file (pg 330) shows policy amount as REDACTED. Policy must be at least REDACTED. 2. Schedule B #10 (pg 335) states the property is not part of a Planned Unit Development. Per appraisal (pg 635) and Deed of Trust/PUD Rider (pg 39) the property is in a PUD. Please confirm and have documents corrected. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. corrective policy attached. - Seller-REDACTED |
Resolved-Final title policy received - all items resolved. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 849902 | D | A | D | A | A | A | A | A | Closed | FCRE2109 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Document received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. B2 income calc attached - Buyer-REDACTED Open-Missing income worksheet for Borrower 2 - Due Diligence Vendor-REDACTED |
Resolved-Document received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 841110 | D | A | D | A | D | A | D | A | Closed | finding-47 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-PCCD with updated disbursement date received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Final CD uploaded, final disbursement date was REDACTED - Seller-REDACTED Open-This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation.The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. The final CD, Note and Deed are dated REDACTED with a date of disbursement of REDACTED . the borrower signed closing documents on REDACTED . THE NOTICE OF THE RIGHT TO CANCEL DATES WERE CHANGED AND INITIALZED BY THE BORROWER AND REFLECTED THE DATE OFREDACTED AS THE LAST DAY TO CANCEL. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Final CD uploaded, final disbursement date was REDACTED - Seller-REDACTED |
Resolved-PCCD with updated disbursement date received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 841110 | D | A | D | A | D | A | D | A | Closed | FVAL9739 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Property | Appraisal | Property/Appraisal General | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Right to receive disclosure and proof of appraisal delivery uploaded - Seller-REDACTED Open-proof of delivery of appraisal and Right to receive copy of appraisal are missing. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Right to receive disclosure and proof of appraisal delivery uploaded - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 841110 | D | A | D | A | D | A | D | A | Closed | FCOM1287 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Consumer Caution and Home Owner Counseling Notice is Missing | Resolved-Resolved - pg 48/77 - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. HOC disclosure uploaded - Buyer-REDACTED Open-Consumer Caution and Home Owner Counseling Notice is Missing - Due Diligence Vendor-REDACTED |
Resolved-Resolved - pg 48/77 - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 841110 | D | A | D | A | D | A | D | A | Closed | FCRE1350 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Personal Tax Returns Missing | Resolved-Borrower 2 Personal Tax Returns Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Tax returns uploaded - Buyer-REDACTED Open-Borrower 2 Personal Tax Returns Missing missing REDACTED 1040s, with all schedules and all income used to qualify is required. REDACTED 1040 extension is provided on page 861 - Due Diligence Vendor-REDACTED |
Resolved-Borrower 2 Personal Tax Returns Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 841110 | D | A | D | A | D | A | D | A | Closed | FCRE1356 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 YTD Profit & Loss Missing | Resolved-Borrower 2 YTD Profit & Loss Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. YTD and REDACTED P&Ls uploaded - Seller-REDACTED Open-Borrower 2 YTD Profit & Loss Missing REDACTED and REDACTED ytd P&L are missing. ONLY THE P&L WORKSHEET WAS PROVIDED-SEE PG 6. income used to qualify is from REDACTED P&L - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. YTD and REDACTED P&Ls uploaded - Seller-REDACTED |
Resolved-Borrower 2 YTD Profit & Loss Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 841110 | D | A | D | A | D | A | D | A | Closed | FCRE8611 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-P&Ls and tax returns uploaded - Buyer-REDACTED Open-income has not been validated. Per income worksheet see page 4 and 5 . REDACTED P&L was used to qualify and is not in loan file. Worksheet is on page 6. - Due Diligence Vendor-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||||
| REDACTED | 841110 | D | A | D | A | D | A | D | A | Closed | FVAL8946 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Property | Missing Doc | Missing Appraisal | Resolved-1004 received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Appraisal attached - Buyer-REDACTED Open-1004 appraisal is required and missing from file, only short form desk review was provided-see page 1053 - Due Diligence Vendor-REDACTED |
Resolved-1004 received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 841110 | D | A | D | A | D | A | D | A | Closed | FCOM1266 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Missing | Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. HC disc uploaded - Buyer-REDACTED Open-Homeownership Counseling Disclosure Is Missing - Due Diligence Vendor-REDACTED |
Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 841110 | D | A | D | A | D | A | D | A | Closed | FCOM1231 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-The Initial 1003 is Present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Initial 1003 attached - Buyer-REDACTED Open-The Initial 1003 is Missing - Due Diligence Vendor-REDACTED |
Resolved-The Initial 1003 is Present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 841110 | D | A | D | A | D | A | D | A | Closed | FCOM1233 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-The Final 1003 is Present - Due Diligence Vendor-REDACTED Ready for Review-B1 is REDACTED no ownership, no income used to qualify for B1, please clear. - Seller-REDACTED Open-final 1003 on page 92 shows B1 as self employed. B2 is 100% owner of REDACTED. 1003 to be amended to match B2 Income used. to qualify - Due Diligence Vendor-REDACTED |
Ready for Review-B1 is REDACTED no ownership, no income used to qualify for B1, please clear. - Seller-REDACTED |
Resolved-The Final 1003 is Present - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 850389 | C | B | C | B | A | A | A | A | Closed | FCRE5791 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | C | B | Credit | Closing | Borrower 2 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Acknowledged-Doc Received. Gap Credit pulled after Note date - Acknowledged. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 2 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). B2 Gap Credit report is greater than 15 days from Note Date. Gap report is dated REDACTED and Note Date is REDACTED . - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Acknowledged-Doc Received. Gap Credit pulled after Note date - Acknowledged. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | Originator Post-Close | No | |||
| REDACTED | 850389 | C | B | C | B | A | A | A | A | Closed | FCRE5790 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | C | B | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Acknowledged-Gap Credit received - date pulled is after Note date - Acknowledged. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). B1 Gap Credit report is greater than 15 days from Note Date. Gap report is dated REDACTED and Note Date is REDACTED . - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Acknowledged-Gap Credit received - date pulled is after Note date - Acknowledged. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | Originator Post-Close | No | |||
| REDACTED | 881601 | D | A | D | A | A | A | A | A | Closed | FCRE1152 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Evidence of Property Tax is present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing Evidence of Property Tax There is no Tax Cert in the file and the tax information is not provided on the Title. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Evidence of Property Tax is present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 881601 | D | A | D | A | A | A | A | A | Closed | FCRE8201 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-DSCR is REDACTED with verified hazard insurance. - Due Diligence Vendor-REDACTED Open-DSCR is under REDACTED with verified property taxes. Ineligible per guidelines. - Due Diligence Vendor-REDACTED |
Resolved-DSCR is 1.00 with verified hazard insurance. - Due Diligence Vendor-REDACTED |
ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||||
| REDACTED | 881601 | D | A | D | A | A | A | A | A | Closed | FCRE1157 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing Hazard Insurance Policy - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing Hazard Insurance Policy There is no HOI Policy in the file - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-REDACTED |
REDACTED | ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 881601 | D | A | D | A | A | A | A | A | Closed | FCRE1161 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Flood Certificate is fully present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing Flood Certificate There is no Flood Cert in the file - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Flood Certificate is fully present - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 856846 | C | B | C | B | C | A | A | A | Closed | FCRE1166 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | C | B | Credit | Insurance | Hazard Insurance Coverage is less than all Subject Lien(s) | Acknowledged- - Due Diligence Vendor-REDACTED Resolved-RCE received. RCE calculation date is REDACTED , after the note date. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Hazard Insurance Coverage Amount of REDACTED is less than Total Amount of Subject Lien(s) of REDACTED Coverage A is less than total of all liens. Coverage A is REDACTED (Coverage A +10% state/ordinance + option ID - extra coverage A,). Total of all liens is REDACTED. RCE in file was calculated in REDACTED and cannot be used - older than 12 months old. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-RCE received. RCE calculation date is REDACTED , after the note date. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | |||
| REDACTED | 856846 | C | B | C | B | C | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Final title reflecting updated vesting received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Title (pg 249) shows property is vested to B1 & REDACTED, wife. CPL indicates REDACTED is vested as wife. Verification of deed transfer not in file. Updated title report needed to confirm vesting. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Resolved-Final title reflecting updated vesting received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 856846 | C | B | C | B | C | A | A | A | Closed | FCOM4001 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Disclosure | Missing Proof of Appraisal Delivery or Signed Appraisal Delivery Waiver | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing Proof of Appraisal Delivery or Signed Appraisal Delivery Waiver as required. The Proof of Appraisal Delivery or Signed Appraisal Delivery Waiver is missing from the file during review. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 839874 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||||
| REDACTED | 824555 | D | B | D | B | C | A | A | A | Closed | finding-47 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-Resolved - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, This borrower signed on REDACTED . The loan disbursed on REDACTED , which is the soonest funding date. the 3rd business date after signing is REDACTED , and the right to cancel expired at midnight on REDACTED . Everything is correct, please clear. Thanks! - Buyer-REDACTED Open-This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation.The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. THE DATE OF DISBURSEMENT FOR THE HUD AND FINAL CD IS REDACTED . THE NOTICE OF THE RIGHT TO CANCEL LAST DAY TO CANCEL IS DISCLOSED AS REDACTED . - Due Diligence Vendor-REDACTED |
Resolved-Resolved - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 824555 | D | B | D | B | C | A | A | A | Closed | FCRE1328 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | D | B | Credit | Missing Doc | Borrower 1 W2/1099 Missing | Acknowledged-Exception doc received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, We granted an exception for this. Please see attached. Thanks again! - Buyer-REDACTED Open-Note date is REDACTED . W2 and W2 transcripts for REDACTED are required. - Due Diligence Vendor-REDACTED |
Acknowledged-Exception doc received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | Originator Post-Close | Yes | ||||
| REDACTED | 824555 | D | B | D | B | C | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Sorry about that!! Please see attached note for 1st lien. Thanks again! - Buyer-REDACTED Counter-CD for First Mortgage received. Note uploaded is for subject lien. Please upload the executed note for the new first mortgage. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached copy of final CD and note for the 1st loan. Thanks! - Buyer-REDACTED Open-Final executed CD and executed Note for new 1st mortgage are required. - Due Diligence Vendor-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 885247 | D | A | D | A | D | A | A | A | Closed | FCOM8972 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Deed of Trust Riders | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-The Deed of Trust (pg 270) indicates there is a Business Loan Rider. The Business Loan Rider was not located in the file. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-THE DEED DISCLOSES A BUSINESS LOAN RIDER. NO BUSINESS LOAN RIDER WAS LOCATED IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 885247 | D | A | D | A | D | A | A | A | Closed | FCRE4866 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Eligibility | Original CLTV does not meet eligibility requirement(s) | Resolved-Docs received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. W2s and pay stub attached - Seller-REDACTED Counter-Good Morning. Per the REDACTED (REDACTED ), for a Non Owner Occupied property using WVOE only, the Max CLTV is 75%. The only income documentation in the file was the WVOE. If this file was intended to be a full doc review, W2s and Paystubs are required. - Due Diligence Vendor-REDACTED Ready for Review-Hi Can you please pinpoint where it says that a full doc CES CLTV is 75%, Could you email me the Guideline your seeing? Our lock desk would not have been able to lock the loan. Are you reading the file as full doc? The UW is asking if you are seeing it is a full doc loan since you wrote VOE only. They want additional income documentation? Need to find out what is needed? Thanks & Please ASAP! Thank you !!! - Seller-REDACTED Open-Per the guidelines, datedREDACTED , indicates that for Non Owner Occupied, WVOE borrowers with a REDACTED min credit score, the max CLTV is 75%. The only income supporting documents in the file is a WVOE on page 168. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. W2s and pay stub attached - Seller-REDACTED Ready for Review-Hi Can you please pinpoint where it says that a full doc CES CLTV is 75%, Could you email me the Guideline your seeing? Our lock desk would not have been able to lock the loan. Are you reading the file as full doc? The UW is asking if you are seeing it is a full doc loan since you wrote VOE only. They want additional income documentation? Need to find out what is needed? Thanks & Please ASAP! Thank you !!! - Seller-REDACTED |
Resolved-Docs received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 885247 | D | A | D | A | D | A | A | A | Closed | FCRE1316 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Resolved-VVOE received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Resolved-VVOE received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 885247 | D | A | D | A | D | A | A | A | Closed | FCRE1201 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Document received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing Third Party Fraud Report - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Document received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 851599 | D | A | D | A | D | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Title policy with coverage amount received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Title commitment (pg 106) does not show coverage amount. Updated title docs required showing amount of coverage. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Title policy with coverage amount received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 851599 | D | A | D | A | D | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Doc type submitted incorrectly, updated to WVOE. - Due Diligence Vendor-REDACTED Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Ready for Review-Per guidelines, IRS Transcripts are not required. Doc Type is WVOE. - Seller-REDACTED Open-Borrower 1 IRS Transcripts Missing - Missing W2 transcripts required by guidelines for salaried borrowers - Due Diligence Vendor-REDACTED |
Ready for Review-Per guidelines, IRS Transcripts are not required. Doc Type is WVOE. - Seller-REDACTED |
Resolved-Doc type submitted incorrectly, updated to WVOE. - Due Diligence Vendor-REDACTED Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 851599 | D | A | D | A | D | A | A | A | Closed | FCRE1334 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Executed 4506-T Missing | Resolved-Doc type submitted incorrectly, updated to WVOE. - Due Diligence Vendor-REDACTED Resolved-Borrower 1 Executed 4506-T Provided - Due Diligence Vendor-REDACTED Ready for Review-Per guidelines, IRS Form 4506-C signed by the borrower is not required. Doc Type is WVOE - Seller-REDACTED Open-Borrower 1 Executed 4506-T Missing - - Due Diligence Vendor-REDACTED |
Ready for Review-Per guidelines, IRS Form 4506-C signed by the borrower is not required. Doc Type is WVOE - Seller-REDACTED |
Resolved-Doc type submitted incorrectly, updated to WVOE. - Due Diligence Vendor-REDACTED Resolved-Borrower 1 Executed 4506-T Provided - Due Diligence Vendor-REDACTED |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 851599 | D | A | D | A | D | A | A | A | Closed | FCRE1201 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing Third Party Fraud Report - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 851599 | D | A | D | A | D | A | A | A | Closed | FCOM5135 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Required Affiliated Business Disclosure Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 857052 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| REDACTED | 850608 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-FTP received with coverage amount - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Property Title Issue PTC does not include the amount of coverage. Updated commitment/title doc required, including amount of coverage. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-FTP received with coverage amount - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 850608 | D | A | D | A | A | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-W2 transcripts received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 IRS Transcripts Missing Guidelines page 23 require W2 transcripts. However, no W2 transcripts were located during review. The W2 transcripts are missing. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-W2 transcripts received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 889817 | D | A | D | A | A | A | A | A | Closed | FCRE1358 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 W2/1099 Missing | Resolved-Borrower 2 W2/1099 Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-REDACTED Resolved-REDACTED W2 & income worksheet received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 2 W2/1099 Missing Guidelines page 22 require W-2s for most recent 1 or 2-years. However, no W-2s for most recent 1 or 2-years were located in the file during review. Approval page 2 reflects Full Documentation as Doc Type. The W-2s for most recent 1 or 2-years are missing. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 2 W2/1099 Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-REDACTED Resolved-REDACTED W2 & income worksheet received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 889817 | D | A | D | A | A | A | A | A | Closed | FCRE1764 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Verification of Mortgage | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Subject property first mortgage statement is dated more than 60 days prior to note date. Updated statement dated within 60 days is required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 829391 | D | A | D | A | D | A | A | A | Closed | FCRE2109 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Documentation received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please see attached Rental Income Cal with updated 1008/final 1003. - Seller-REDACTED Counter-Rental property documents received, lenders income calculation worksheet for rental property is missing and still needed. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter- - Due Diligence Vendor-REDACTED Ready for Review-Income Calculation Worksheet received. Rental Calculation worksheet is still required. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Income Calculation Worksheet and Rental Calculation Worksheet are missing from the file. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please see attached Rental Income Cal with updated 1008/final 1003. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Documentation received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 829391 | D | A | D | A | D | A | A | A | Closed | FCRE9000 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Mortgage Statement | Resolved-Docs received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing first mortgage statement dated within 60 days of note date. Please provide final signed CD and copy of note for new mortgage on Primary Residence. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Docs received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 829391 | D | A | D | A | D | A | A | A | Closed | FCOM5135 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Required Affiliated Business Disclosure Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 838568 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||||
| REDACTED | 856155 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||||
| REDACTED | 817541 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||||
| REDACTED | 877543 | D | A | C | A | D | A | A | A | Closed | FCOM4227 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached. This is the initial CD. It was dated REDACTED and signed REDACTED . The final CD was prepared same day but signed within compliance. Thanks! - Buyer-REDACTED Open-MISSING THE INITIAL CD. REDACTED (PAGE 486) SHOWS AN INITIAL CD DATE OF REDACTED (ON PAGE 490) AND SHOWS AN INITIAL CD DATE OF REDACTED (ON PAGE 491). THE FINAL CD IN THE FILE IS DATEDREDACTED AND IS SIGNED BY THE BORROWERS ON REDACTED . CLOSING DOCUMENTS WERE SIGNED ON REDACTED . THE CD PROVIDED FOR THE BORROWER TO SIGN AT CLOSING IS IN THE FILE AND DATED REDACTED . - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||||
| REDACTED | 877543 | D | A | C | A | D | A | A | A | Closed | FCOM1266 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Missing | Resolved-Resolved - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached. Thanks! - Buyer-REDACTED Open-Homeownership Counseling Disclosure Is Missing - Due Diligence Vendor-REDACTED |
Resolved-Resolved - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 877543 | D | A | C | A | D | A | A | A | Closed | FCRE1148 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, We only require the proposed loan amount to equal the current loan amount. The proposed loan amount does not need to cover both the existing 1st lien, and the new 2nd lien. It only needs to cover the new 2nd lien. Please clear. Thanks! - Buyer-REDACTED Open-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||||
| REDACTED | 877543 | D | A | C | A | D | A | A | A | Closed | FCOM1477 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see the attached rate lock. Thanks! - Buyer-REDACTED Open-Evidence of Rate Lock Missing - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||||
| REDACTED | 850780 | B | B | B | B | A | A | A | A | Closed | FCRE1441 | REDACTED | REDACTED | Waived | 2 - Non-Material | B | B | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Waived-Delinquent Credit History Does Not Meet Guideline Requirements - Credit report reflects mortgage late of 1*30 in REDACTED on one of borrowers' mortgages, however, lender provided exception guidelines (page 2) to allow the delinquency based on the following compensating factors: - Due Diligence Vendor-REDACTED | Waived-Delinquent Credit History Does Not Meet Guideline Requirements - Credit report reflects mortgage late of 1*30 in REDACTED on one of borrowers' mortgages, however, lender provided exception guidelines (page 2) to allow the delinquency based on the following compensating factors: - Due Diligence Vendor-REDACTED |
LTV is REDACTED% vs max of 75% No other late payments recorded on credit report since REDACTED |
ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes | ||||
| REDACTED | 816442 | D | A | C | A | D | A | A | A | Closed | FCOM1221 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Deed of Trust is Incomplete | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see page 12 of the attached title. Title was updated to match the DOT for REDACTED REDACTED. Thanks! - Buyer-REDACTED Open-Vesting on title is REDACTED REDACTED. DOT is REDACTED REDACTED with no AKA. (There is a name affidavit in file noted - page 833, however vesting on DOT is incorrect.) - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||||
| REDACTED | 816442 | D | A | C | A | D | A | A | A | Closed | FCRE8946 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income documentation expiration dates | Resolved-. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, I'm showing exactly 60 days. Can you please clear? Please see attached. Thanks! - Buyer-REDACTED Open-Bank statement income is more than 60 days from note date - last stmt date is REDACTED , note date REDACTED - Due Diligence Vendor-REDACTED |
Resolved-. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 818847 | D | B | D | B | D | A | A | A | Closed | FCOM1233 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-AKA affidavit on page 459 - resolved - Due Diligence Vendor-REDACTED Open-The Final 1003 is Incomplete - Final 1003 reflects Borrower 1 name as REDACTED REDACTED vs Note as REDACTED REDACTED page 600,496 - Due Diligence Vendor-REDACTED |
Resolved-AKA affidavit on page 459 - resolved - Due Diligence Vendor-REDACTED |
ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||||
| REDACTED | 818847 | D | B | D | B | D | A | A | A | Closed | FCRE5783 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Gap Credit Report is Missing | Resolved-Investor confirmation gap is not required received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached from underwriting manager. Although it doesn't state specifically in our 2nd lien guideline, we do not require a gap credit report on a DSCR loan. you can revert to the 1st lien guideline for that. Thaks! - Buyer-REDACTED Open-Borrower 2 Gap Credit Report is Missing - Due Diligence Vendor-REDACTED |
Resolved-Investor confirmation gap is not required received - Due Diligence Vendor-REDACTED |
REDACTED | ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 818847 | D | B | D | B | D | A | A | A | Closed | FCRE5782 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Investor confirmation gap is not required received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached from underwriting manager. Although it doesn't state specifically in our 2nd lien guideline, we do not require a gap credit report on a DSCR loan. you can revert to the 1st lien guideline for that. Thaks! - Buyer-REDACTED Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-REDACTED |
Resolved-Investor confirmation gap is not required received - Due Diligence Vendor-REDACTED |
REDACTED | ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 818847 | D | B | D | B | D | A | A | A | Closed | FCRE1441 | REDACTED | REDACTED | Waived | 2 - Non-Material | B | B | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Waived-Delinquent Credit History Does Not Meet Guideline Requirements - Credit report reflects mortgage late of 1*30 in 0REDACTED on one of borrowers' mortgages, however, lender provided exception guidelines (page 2) to allow the delinquency based on the following compensating factors: - Due Diligence Vendor-REDACTED | Waived-Delinquent Credit History Does Not Meet Guideline Requirements - Credit report reflects mortgage late of 1*30 in REDACTED on one of borrowers' mortgages, however, lender provided exception guidelines (page 2) to allow the delinquency based on the following compensating factors: - Due Diligence Vendor-REDACTED |
LTV is REDACTED% vs max of 75% No other late payments recorded on credit report since REDACTED |
ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes | ||||
| REDACTED | 868065 | B | B | B | B | A | A | A | A | Closed | FCRE1441 | REDACTED | REDACTED | Waived | 2 - Non-Material | B | B | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Waived-Delinquent Credit History Does Not Meet Guideline Requirements - Credit report reflects mortgage late of 1*30 in REDACTED on one of borrowers' mortgages, however, lender provided exception guidelines (page 2) to allow the delinquency &professional investor reduced documentation based on the following compensating factors: - Due Diligence Vendor-REDACTED | Waived-Delinquent Credit History Does Not Meet Guideline Requirements - Credit report reflects mortgage late of 1*30 in REDACTED on one of borrowers' mortgages, however, lender provided exception guidelines (page 2) to allow the delinquency &professional investor reduced documentation based on the following compensating factors: - Due Diligence Vendor-REDACTED |
LTV is REDACTED% vs max of 75% No other late payments recorded on credit report since REDACTED |
ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes | ||||
| REDACTED | 866313 | C | B | C | B | A | A | A | A | Closed | FCRE1441 | REDACTED | REDACTED | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Waived-Exception on page 2 to allow professional investor documentation with one mortgage late in REDACTED - Due Diligence Vendor-REDACTED Open-Delinquent Credit History Does Not Meet Guideline Requirements - Credit report reflects mortgage late of 1*30 in REDACTED on one of borrowers' mortgages, however, lender provided exception guidelines (page 2) to allow the delinquency based on the following compensating factors: - Due Diligence Vendor-REDACTED |
Waived-Exception on page 2 to allow professional investor documentation with one mortgage late in REDACTED - Due Diligence Vendor-REDACTED |
LTV is REDACTED% vs max of 75% No other late payments recorded on credit report since REDACTED |
ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes | ||||
| REDACTED | 837365 | D | B | D | B | D | A | A | A | Closed | FCRE7497 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Verifiation received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-- Missing supporting documentation to verify monthly pay of REDACTED for new purchase of other REO at 1<REDACTED ADDRESS> per Final 1003 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Verifiation received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 837365 | D | B | D | B | D | A | A | A | Closed | FCRE0360 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | C | B | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Acknowledged-First mortgage statement on subject property received post note date/disbursement date. Note date is REDACTED vs statement date received of REDACTED. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. - Mortgage statement dated REDACTED exceeds 60 days from Note REDACTED per guidelines page 209 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Acknowledged-First mortgage statement on subject property received post note date/disbursement date. Note date is REDACTED vs statement date received of REDACTED. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | |||
| REDACTED | 837365 | D | B | D | B | D | A | A | A | Closed | FCRE5047 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Amount of title insurance is less than mortgage amount | Resolved-Document received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Title Supp w REDACTED - Seller-REDACTED Open- - Due Diligence Vendor-REDACTED |
Title policy does not list the amount of lenders title coverage - REDACTED Ready for Review-Document Uploaded. Title Supp w REDACTED - Seller-REDACTED |
Resolved-Document received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 837365 | D | B | D | B | D | A | A | A | Closed | FCRE4963 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Debt | No evidence of required debt payoff | Resolved-Document received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Verification of taxes showing delinquent on title are paid at/before closing - due REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Document received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 837365 | D | B | D | B | D | A | A | A | Closed | FCOM2777 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Initial Good Faith Estimate | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Initial GFE (Good Faith Estimate) is missing. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 828421 | D | A | D | A | A | A | A | A | Closed | FCRE1764 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Verification of Mortgage | Resolved-Mortgage statement received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. current mtg statement - Seller-REDACTED Counter-A credit supplement is received, however a credit supplement cannot be accepted in place of the first mortgage statement. Mortgage Statement in file (pg 479) is dated more than 60 days prior to note date. Updated mortgage statement dated within 60 days of note date is required. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. credit supplement dated 4/3 - Seller-REDACTED Open-Mortgage Statement in file (pg 479) is dated more than 60 days prior to note date. Updated mortgage statement dated within 60 days of note date is required. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. current mtg statement - Seller-REDACTED Ready for Review-Document Uploaded. credit supplement dated 4/3 - Seller-REDACTED |
Resolved-Mortgage statement received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 816671 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||||
| REDACTED | 845404 | D | A | A | A | D | A | A | A | Closed | FCOM1233 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Final 1003 received with property information is not signed - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-The Final 1003 is Incomplete - Missing property ownership information in Section 3 of the Final 1003 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 845404 | D | A | A | A | D | A | A | A | Closed | FCOM1477 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Evidence of Rate Lock Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
REDACTED | ATR/QM: Exempt | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 821210 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | ||||||||||||||||||
| REDACTED | 876592 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| REDACTED | 896866 | D | A | D | A | C | A | A | A | Closed | FCOM4001 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | Disclosure | Missing Proof of Appraisal Delivery or Signed Appraisal Delivery Waiver | Resolved-Appraisal delivery received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Proof of appraisal delivery attached. - Buyer-REDACTED Open-Proof of Appraisal Delivery or Signed Appraisal Delivery Waiver is required. However, no Proof of Appraisal Delivery or Signed Appraisal Delivery Waiver was located in the file during review. The Proof of Appraisal Delivery or Signed Appraisal Delivery Waiver is missing. - Due Diligence Vendor-REDACTED |
Resolved-Appraisal delivery received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 896866 | D | A | D | A | C | A | A | A | Closed | FCRE1316 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. VOE attached - Buyer-REDACTED Open-Borrower 1 3rd Party VOE Prior to Close Missing A verbal VOE from each employer within 10 days of the note dated REDACTED page 22 for wage and salaried employees. However, no verbal VOR was located in the file during review. The required verbal VOE is missing for Borrower 1 - Due Diligence Vendor-REDACTED |
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 896866 | D | A | D | A | C | A | A | A | Closed | FCRE1347 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 3rd Party VOE Prior to Close Missing | Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. VOE attached - Buyer-REDACTED Open-Borrower 2 3rd Party VOE Prior to Close Missing A verbal VOE from each employer within 10 days of the note dated REDACTED page 22 for wage and salaried employees. However, no verbal VOR was located in the file during review. The required verbal VOE is missing for Borrower 2 - Due Diligence Vendor-REDACTED |
Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | ||||
| REDACTED | 889735 | D | A | A | A | D | A | A | A | Closed | FCOM1477 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached rate lock. Thanks! - Buyer-REDACTED Open-Evidence of Rate Lock Missing - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||||
| REDACTED | 858849 | D | A | D | A | D | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-FTP with coverage amount received. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Property Title Issue Lenders Coverage Amount is missing from title policy - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-FTP with coverage amount received. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 858849 | D | A | D | A | D | A | A | A | Closed | FCOM1232 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Final 1003 is Missing | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-The Final 1003 is Missing THERE WAS NO EVIDENCE OF THE FINAL 1003 IN THE LOAN FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 858849 | D | A | D | A | D | A | A | A | Closed | FCRE1152 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Evidence of Property Tax is present - Due Diligence Vendor-REDACTED Resolved-Document Uploaded. Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing Evidence of Property Tax TITLE COMMITMENT STATES TAX INFORMATION TO FOLLOW. DOCUMENTATION IS NOT IN THE FILE. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Evidence of Property Tax is present - Due Diligence Vendor-REDACTED Resolved-Document Uploaded. Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 863139 | D | A | D | A | D | A | A | A | Closed | FCRE1964 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing income documentation | Resolved-LOE & CPA Verification received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Most recent two years of business license not in file - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - SellerREDACTED |
Resolved-LOE & CPA Verification received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 863139 | D | A | D | A | D | A | A | A | Closed | FCRE1148 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Lenders title insurance coverage amount is not shown on preliminary title - pg 98 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 863139 | D | A | D | A | D | A | A | A | Closed | FCOM5135 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Required Affiliated Business Disclosure Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 848045 | D | A | A | A | D | A | A | A | Closed | FCOM1266 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Missing | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Attached - Buyer-REDACTED Open-Homeownership Counseling Disclosure Is Missing - Due Diligence Vendor-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 848045 | D | A | A | A | D | A | A | A | Closed | FCOM1287 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Consumer Caution and Home Owner Counseling Notice is Missing | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Attached - Buyer-REDACTED Open-Consumer Caution and Home Owner Counseling Notice is Missing - Due Diligence Vendor-REDACTED |
Resolved-Received - Due Diligence VendorREDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 848045 | D | A | A | A | D | A | A | A | Closed | FCOM1231 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-The Initial 1003 is Present - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. initial 1003 uploaded - Buyer-REDACTED Open-The Initial 1003 is Missing - Due Diligence Vendor-REDACTED |
Resolved-The Initial 1003 is Present - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 808482 | C | A | A | A | C | A | A | A | Closed | finding-3968 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | ComplianceEase | Nonrefundable Prepaid Finance Charge Test | Resolved-Resolved - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached detailed LOE from seller. Thanks! - Buyer-REDACTED Counter-Verification of the bona fide status of the .REDACTED% discount points that the lender shows as bona fide on their Mavent is needed. Thanks! - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached final mavent report from seller. They are indicating on pages 11 and 12 that they are passing by 84 cents. Thanks! - Buyer-REDACTED Open-This loan failed the nonrefundable prepaid finance charge test. (REDACTED. Code § 24-4.5-3-201(9))The loan's nonrefundable prepaid finance charge exceeds 2% of the note amount or line of credit. - Due Diligence Vendor-REDACTED |
Resolved-Resolved - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | ||||
| REDACTED | 852095 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 Gap Credit Report is Missing credit report is datedREDACTED Note date is REDACTED. 31 days therefore Gap credit report is needed. The supplement on page 89 is to verify the 1st mortgage and one account being pd at close - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 844562 | C | A | C | A | C | A | A | A | Closed | FCOM7741 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Compliance | TRID | Final CD: Contact Information (page 5) is incomplete | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see the attached response from the seller. Thanks! - Buyer-REDACTED Open-Non-borrowing Title holder did not sign the Final CD. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||||
| REDACTED | 844562 | C | A | C | A | C | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see the attached response from the seller. Thanks! - Buyer-REDACTED Open-Vesting on title commitment (B1 only) does not match vesting on DOT (B1 + non-borrowing spouse title holder). Documentation required to verify correct vesting. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||||
| REDACTED | 836831 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | ||||||||||||||||||
| REDACTED | 808352 | D | B | D | B | D | A | A | A | Closed | FCRE5116 | REDACTED | REDACTED | Acknowledged | 2 - Non-Material | D | B | Credit | Missing Doc | Missing VOM or VOR | Acknowledged-First mortgage statement received - dated after note/disb date. Mtg stmt dated REDACTED. Acknowleged. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Counter-Credit supplement received, but cannot be used in place of the first mortgage statement as required per guidelines. Any exceptions/waivers must be approved by REDACTED and submitted to TPR with REDACTED approval and a completes, signed exception form with compensating factors from the lender. *FIrst mortgage statement dated within 60 days of note date required. Stmt in file is dated REDACTED. Note date is REDACTED. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. The credit supplement shows April being paid. along with comment showing last payment received REDACTED. no lates in the last 12 months. Please help waive this condition. - Seller-REDACTED Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. FIrst mortgage statement dated within 60 days of note date required. Stmt in file is dated REDACTED. Note date is REDACTED. - Due Diligence Vendor-REDACTED |
Escrow Analysis received. Actual monthly first mortgage statment is needed. -REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Ready for Review-Document Uploaded. The credit supplement shows REDACTED being paid. along with comment showing last payment received REDACTED. no lates in the last 12 months. Please help waive this condition. - Seller-REDACTED |
Acknowledged-First mortgage statement received - dated after note/disb date. Mtg stmt dated REDACTED. Acknowleged. - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | Originator Post-Close | No | |||
| REDACTED | 808352 | D | B | D | B | D | A | A | A | Closed | FCRE1254 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Verification of lenders coverage amount is missing from preliminary title commitment. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Property Title Issue Resolved - Due Diligence VendorREDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 808352 | D | B | D | B | D | A | A | A | Closed | FCRE4963 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Debt | No evidence of required debt payoff | Resolved-Verification paid prior to note date received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Taxes have been paid, see attached tax lookup. - Seller-REDACTED Open-Verification of past due taxes required. Title commitment shows taxes for REDACTED past due and delinquent after REDACTED in the amount of REDACTED (pg 103). Final CD does not show taxes paid at closing. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Taxes have been paid, see attached tax lookup. -REDACTED |
Resolved-Verification paid prior to note date received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 808352 | D | B | D | B | D | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 1 IRS Transcripts Missing - Missing W2 Tax transcripts for REDACTED & REDACTED - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 808352 | D | B | D | B | D | A | A | A | Closed | FCOM5135 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Required Affiliated Business Disclosure Missing - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence VendorREDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | |||
| REDACTED | 849847 | D | A | D | A | A | A | A | A | Closed | FCRE1335 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED Resolved- - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Hi, Please see attached REDACTED transcripts. Thanks! - Buyer-REDACTED Open-W2 Transcripts for REDACTED required. REDACTED & REDACTED are in file. REDACTED & REDACTED W2s are in file. - Due Diligence Vendor-REDACTED |
Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Debt Consolidation | N/A | N/A | ||||
| REDACTED | 838232 | D | A | D | A | A | A | A | A | Closed | FCRE1347 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 3rd Party VOE Prior to Close Missing | Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Borrower 2 3rd Party VOE Prior to Close Missing B2 VVOE missing - There is no date on the VVOE on pg 206. VOI on page 218 is more than 10 days from note date. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | |||
| REDACTED | 838232 | D | A | D | A | A | A | A | A | Closed | FCRE1201 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-REDACTED Resolved-Report received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Missing Third Party Fraud Report - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Third Party Fraud Report is provided - Due Diligence VendorREDACTED Resolved-Report received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | REDACTED | REDACTED | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | |||
| REDACTED | 873543 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| REDACTED | 815201 | D | A | D | A | D | A | A | A | Closed | FCOM8804 | REDACTED | REDACTED | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing Loan program disclosure | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. AKA Affidavit in file shows a name variation as REDACTED. HE which is the same as REDACTED - Seller-REDACTED Open-AKA Affidavit required to verify Borrower 1 first name on Title policy captured as REDACTED versus REDACTED on Note. page 170,106. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. AKA Affidavit in file shows a name variation as REDACTED. HE which is the same as REDACTED. REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 815201 | D | A | D | A | D | A | A | A | Closed | FCRE7497 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received - Due Diligence VendorREDACTED Ready for Review-Document Uploaded. The $ REDACTED is for Insurance and Property Taxes. See attached Property Tax Seach - $ REDACTED yearly / 12 = $ REDACTED Insurance - $ REDACTED yearly / 12 = $ REDACTED REDACTED + REDACTED = $ REDACTED - Seller-REDACTED Open-- Missing documentation to verify monthly property tax amount of $1,146.76 per Final 1003 for borrower's primary residence at REDACTED p28 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. The $ REDACTED is for Insurance and Property Taxes. See attached Property Tax Seach - REDACTED yearly / REDACTED = $ REDACTED Insurance - REDACTED yearly / 12 = $ REDACTED REDACTED + REDACTED = $ REDACTED - SellerREDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 815201 | D | A | D | A | D | A | A | A | Closed | FCRE1339 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Personal Bank Statements Missing | Resolved-Borrower 1 Personal Bank Statements Provided - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. Please help waive this condition. No bank statements required. WVOE from REDACTED is an acceptable vendor. Please see attached guideline. - Seller-REDACTED Open-Borrower 1 Personal Bank Statements Missing 2 months personal bank statements required for WVOE income verification type. - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. Please help waive this condition. No bank statements required. WVOE from REDACTED is an acceptable vendor. Please see attached guideline. - REDACTED |
Resolved-Borrower 1 Personal Bank Statements Provided - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 815201 | D | A | D | A | D | A | A | A | Closed | FCRE1148 | REDACTED | REDACTED | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - Seller-REDACTED Open-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) Title policy is missing policy amount page 105 - Due Diligence Vendor-REDACTED |
Ready for Review-Document Uploaded. -REDACTED |
Resolved-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A | |||
| REDACTED | 815201 | D | A | D | A | D | A | A | A | Closed | FCOM5135 | REDACTED | REDACTED | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded. - SellerREDACTED Open-Required Affiliated Business Disclosure Missing - Due Diligence VendorREDACTED |
Ready for Review-Document Uploaded. - Seller-REDACTED |
Resolved-Received - Due Diligence Vendor-REDACTED |
REDACTED | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | REDACTED | REDACTED | Investment | Refinance | Cash Out - Other | N/A | N/A |