MFA 2025-NQM3 Trust ABS-15G

Exhibit 99.40

 

Infinity Loan ID Loan Number Redacted ID Loan Number 2 GSE Eligble Flag DU/LP Approval CDFI Flag Is CEMA (Yes/No) Application Date Guideline Name TILA Status MERS MIN Number Qualifying FICO Verification Safe Harbor Flag Verification Safe Harbor Reference Document ATR QM Total Points and Fees Audit Default Interest Rate Flag Default Interest Rate Cross collateralized Loan Flag Cross Collateralized Loan Release Provision BK Discharge date Bk Chapter Foreclosure Date Short Sale Date Deed In Lieu Date Months of Reserves for Subject Property Project Classification: Warrantable/Non-Warrantable Appraiser Name Appraiser's License Number Appraisal Company Borrower Citizenship Indicator Co Borrower Citizenship Indicator Borrower Documentation Used to Determine Legal Residency  Co-Borrower Documentation Used to Determine Legal Residency Borrower Employment Indicator Co Borrower Employment Indicator Underwriting Program Borrower Years of W2s CoBorrower Years of W2s WVOE Flag (Borr) # of Months of Income validated WVOE (Borr) WVOE Form WVOE Flag (Co-Borr) # of Months of Income validated WVOE (Co-Borr) WVOE Form (Co-Borr) Borr Years of Personal Tax Returns/Transcripts (1040's) Co-Borr Years of Personal Tax Returns/Transcripts (1040's) Borr Years of Business Tax Returns/Transcripts  Co-Borr Years of Business Tax Returns/Transcripts  Bank Statement Flag (Borr) # of months Personal Bank statements (Borr) # of months Business Bank statements (Borr) Bank Statement Flag (Co-Borr) # of months Personal Bank statements (Co-Borr) # of months Business Bank statements (Co-Borr) P&L Flag (Borr) # of Months P&L (Borr) Who Prepared the P&L CPA Letter Flag (Borr) # of Months CPA verified income (Borr) P&L Flag (Co-Borr) Who Prepared the P&L # of Months P&L (Co-Borr) CPA Letter Flag (Co-Borr) # of Months CPA verified income (Co-Borr) Asset Depletion Flag (DTI) Partial Asset Depletion Flag (DTI) Asset Depletion months amortized Asset Utilzation Flag (No DTI) Bespoke Eligible Assets Income Doc Summary Calculated Front End Housing Ratio Calculated Debt-to-Income Ratio DSCR Flag Number of Rental Units Market Rent Market Rent Source Lease in Place Actual in Place Rent DSCR Calc based on Short Term Rental Income Flag DSCR Calculation Method (at Orig) Rental Income Used for DSCR PITIA for DSCR DSCR (at Origination) Borrower Type Loan closed in the name of an entity flag Borrower Entity Name Personal Guaranty Flag Personal Guaranty Recourse to the Borrower Level Guarantor Designation Guarantor 1 First Name Guarantor 1 Last Name Guarantor 2 First Name Guarantor 2 Last Name
xx xx 60585   No Not Applicable Not Applicable Not Applicable xx xx Not Covered/Exempt xx 812 No   Not Applicable No Not Applicable No Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable 273 Not Applicable xx xx xx US Citizen Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable DSCR Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Unavailable Not Applicable Unavailable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Unavailable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable B1: Other [Primary] Unavailable Unavailable Yes 1 xx Form 1007 No Not Applicable No Form 1007 xx xx 0.9291 Individual No Not Applicable No Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable
xx xx 60621   No Not Applicable Not Applicable Not Applicable xx xx Non-QM/Compliant xx 760 No   Not Applicable No Not Applicable No Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable 43 Not Applicable xx xx xx US Citizen US Citizen Not Applicable Not Applicable Employed Employed 12 Mo Bank Statement 2+ Years Not Verified No Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Yes Not Applicable 12 Yes Not Applicable 12 Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable B1: Bank Statement [Primary], W2, Pay Stub; B2: Bank Statement [Primary] 49.04% 49.99% No Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Individual No Not Applicable No Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable
xx xx 73784   No Not Applicable Not Applicable Not Applicable xx xx Not Covered/Exempt xx 714 No   Not Applicable No Not Applicable No Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable 111 Not Applicable xx xx xx US Citizen Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable DSCR Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Unavailable Not Applicable Unavailable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Unavailable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable B1: Other [Primary] Unavailable Unavailable Yes 1 xx Form 1007 No Not Applicable No Form 1007 xx xx 0.43079 Limited Liability Corporation Yes xx Yes Full Recourse US Citizen xx xx Not Applicable Not Applicable