MFA 2025-NQM3 Trust ABS-15G

Exhibit 99.42

 

Infinity Loan ID Loan Number Redacted ID Loan Number 2 Borrower Last Name Property State Note Date Loan Purpose TPR QM ATR Status Initial Overall Loan Grade Final Overall Loan Grade Exception Category Exception Subcategory Exception Code Final Exception Status Initial Exception Grade Final Exception Grade Exception Exception Detail Follow-up Comments (Exception Response) Exception Conclusion Comments Compensating Factors Curable Status Loan Status Review Date Cleared Date Cured Date Exception Date
xx xx 60585   xx California xx Cash Out Not Covered/Exempt 3 1 Valuation Valuation MO4LETL5HYM-ZI5GG5MN Resolved 3 R * Automated Appraisal Review Missing (Lvl R) Provide CDA or simliar document as provided AVM reflects confidence score as 0.16 which is greater than 0.10.Additional valuation product not found in file, additional product will be ordered to validate appraised value.”

02/25/2022 - Received CDA as additional valuation & condition resolved.
02/25/2022 - Received CDA as additional valuation & condition resolved. 02/25/2022 - Received CDA as additional valuation & condition resolved.     QC Complete 07/10/2025 07/10/2025 07/10/2025 12/07/2021
xx xx 60621   xx California xx Purchase Non-QM/Compliant 3 1 Compliance Compliance ZJUG30X3BMS-2WLSVBDU Resolved 3 R * ComplianceEase Risk Indicator is "Elevated" (Lvl R) Finance charge on PCCD is under-disclosed by $225 .The PCCD reflects a finance charge of $XXXX,while the compliance finance charge is $XXXX.The $225 exceeds the acceptable tolerance of $100.

Resolved 2/24/2022 : Received PCCD and updated, hence conditions cleared.
Resolved 2/24/2022 : Received PCCD and updated, hence conditions cleared. Resolved 2/24/2022 : Received PCCD and updated, hence conditions cleared.     QC Complete 11/30/2021 02/24/2022 02/24/2022 11/30/2021