Exhibit 99.2 Schedule 3
| Loan ID | Seller Loan ID | Investor Loan ID | Overall Initial Loan Grade | Overall Final Loan Grade | Credit Initial Loan Grade | Credit Current/Final Loan Grade | Compliance Initial Loan Grade | Compliance Current/Final Loan Grade | Property Initial Loan Grade | Property Current/Final Loan Grade | Queue | Finding Code | Date Created | Date Modified | Finding Status | Event Level | Initial Finding Grade | Current/Final Finding Grade | Finding Category | Finding Sub Category | Finding Name | Finding Comments | Seller Comments | Resolution Comments | Reviewer Comp Factor | Originator Comp Factors | Finding Documents | Originator QM Status | Final Reviewed QM Status | Loan Amount | Property State | Occupancy | Loan Purpose | Refinance Purpose | Acknowledged / WaivedBy | Waiver in File? | Unique Finding ID |
| 233061 | xxx | C | B | C | B | C | A | A | A | Closed | FCRE1193 | 2021-11-03 21:49 | 2022-02-24 17:23 | Acknowledged | 2 - Non-Material | C | B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Acknowledged-Document Uploaded. Client provided guideline exception allowing the use of the newer xxx guidelines which now allows interest only loans to qualify at the original interest only payment vs the older guidelines which required qualification at the fully amortized payment once the loan becomes fully amortizing. DTI now at 37.45 and under DTI threshold for approval. - Due Diligence Vendor-02/24/2022 Open-Audited DTI of 60.92% exceeds Guideline DTI of 50%. Interest Only loan was qualified with PI of $xxx based on a 360 month amortized payment. Because the loan is Interest Only for 120 months, the loan should have qualified with a PI payment based on the remaining amortized term of 240 months which would be a PI payment of $xxx. - Due Diligence Vendor-01/07/2022 |
Acknowledged-Document Uploaded. Client provided guideline exception allowing the use of the newer xxx guidelines which now allows interest only loans to qualify at the original interest only payment vs the older guidelines which required qualification at the fully amortized payment once the loan becomes fully amortizing. DTI now at 37.45 and under DTI threshold for approval. - Due Diligence Vendor-02/24/2022 |
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 69.51% Is Below The Guideline Maximum Of 80% By Ten Percent (10%) Or More Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 69.51% Is Below the Guideline Maximum Of 80% By Ten Percent (10%) or More Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20 Years Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 31 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | N/A | N/A | xxx | |||
| 222522 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| 222334 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| 228917 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| 240144 | xxx | 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 | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | |||||||||||||||||||
| 231282 | xxx | C | A | C | A | C | A | A | A | Closed | FCRE1159 | 2022-03-09 18:06 | 2022-03-10 09:40 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard Insurance Effective Date is after the Disbursement Date | Resolved-Confirmed final Disbursement occurred xxx, thus no true gap in coverage with Policy Effective Date of xxx. - Due Diligence Vendor-03/10/2022 Ready for Review-Document Uploaded. - Seller-03/09/2022 Open-Hazard Insurance Effective Date of xxx is after the Disbursement Date of xxx - Due Diligence Vendor-03/04/2022 |
Ready for Review-Document Uploaded. - Seller-03/09/2022 |
Resolved-Confirmed final Disbursement occurred xxx, thus no true gap in coverage with Policy Effective Date of xxx. - Due Diligence Vendor-03/10/2022 |
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 57.35% Is Below the Guideline Maximum Of 70% By Ten Percent (10%) or More Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 32.33% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 57.35% Is Below The Guideline Maximum Of 70% By Ten Percent (10%) Or More Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 64 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Second Home | Purchase | NA | N/A | N/A | xxx | ||
| 231282 | xxx | C | A | C | A | C | A | A | A | Closed | FCRE1169 | 2022-03-09 18:07 | 2022-03-10 09:40 | Resolved | 1 - Information | C | A | Credit | Insurance | Flood Insurance Effective Date is after the Note Date | Resolved-Confirmed final Disbursement occurred xxx, thus no true gap in coverage with Policy Effective Date of xxx. - Due Diligence Vendor-03/10/2022 Ready for Review-Document Uploaded. - Seller-03/09/2022 Open-Flood Insurance Effective Date of xxx is after the Note Date of xxx - Due Diligence Vendor-03/04/2022 |
Ready for Review-Document Uploaded. - Seller-03/09/2022 |
Resolved-Confirmed final Disbursement occurred xxx, thus no true gap in coverage with Policy Effective Date of xxx. - Due Diligence Vendor-03/10/2022 |
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 57.35% Is Below the Guideline Maximum Of 70% By Ten Percent (10%) or More Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 32.33% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 57.35% Is Below The Guideline Maximum Of 70% By Ten Percent (10%) Or More Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 64 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Second Home | Purchase | NA | N/A | N/A | xxx | ||
| 231282 | xxx | C | A | C | A | C | A | A | A | Closed | finding-3536 | 2022-03-09 16:32 | 2022-03-10 07:40 | Resolved | 1 - Information | C | A | Compliance | TRID | Initial Closing Disclosure Delivery Date and Changed Circumstances Date Test | Resolved-***Received COC and Revised LE. - Due Diligence Vendor-03/10/2022 Ready for Review-Document Uploaded. - Seller-03/09/2022 Open-This loan failed the initial closing disclosure delivery date and changed circumstances date test. ( 12 CFR §1026.19(e)(3)(iv)(A) - (C), (E), (F) , and (D) as amended in 2015 , and 12 CFR §1026.19(e)(4)(i) )The initial closing disclosure delivery date is either:Later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor receives information sufficient to establish that a changed circumstance has occurred; orBefore the creditor receives information sufficient to establish that a changed circumstance has occurred.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(4)(i) (revised loan estimate disclosure) and §1026.19(e)(4)(ii) (relationship to closing disclosure).This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If a creditor uses a revised estimate for the purpose of determining good faith for the zero tolerance and 10% tolerance categories under §1026.19(e)(3)(i) and (ii), the creditor shall provide a revised version of the disclosures required under §1026.19(e)(1)(i) reflecting the revised estimate either:Within three business days of receiving information sufficient to establish that one of the reasons for revision provided under §1026.19(e)(3)(iv)(A) through (C), (E) and (F) applies; orNo later than three business days after the date the interest rate is locked, for revision provided under §1026.19(e)(3)(iv)(D). The revised version of the disclosures required under §1026.19(e)(1)(i) shall contain the revised interest rate, the points disclosed pursuant to §1026.37(f)(1), lender credits, and any other interest rate dependent charges and terms.Official Interpretations12 C.F.R. §1026.19(e)(4)(ii)Relationship to disclosures required under §1026.19(f)(1)(i).Revised disclosures may not be delivered at the same time as the Closing Disclosure. §1026.19(e)(4)(ii) prohibits a creditor from providing a revised version of the disclosures required under §1026.19(e)(1)(i) on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i)...However, if a creditor uses a revised estimate pursuant to § 1026.19(e)(3)(iv) for the purpose of determining good faith under § 1026.19(e)(3)(i) and (ii), § 1026.19(e)(4)(i) permits the creditor to provide the revised estimate in the disclosures required under § 1026.19(f)(1)(i) (including any corrected disclosures provided under § 1026.19(f)(2)(i) or (ii)). Missing copy of revised LE dated xxx to confirm lock and adjusted discount points. - Due Diligence Vendor-03/09/2022 |
Ready for Review-Document Uploaded. - Seller-03/09/2022 |
Resolved-***Received COC and Revised LE. - Due Diligence Vendor-03/10/2022 |
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 57.35% Is Below the Guideline Maximum Of 70% By Ten Percent (10%) or More Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 32.33% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 57.35% Is Below The Guideline Maximum Of 70% By Ten Percent (10%) Or More Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 64 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Second Home | Purchase | NA | N/A | N/A | xxx | ||
| 231282 | xxx | C | A | C | A | C | A | A | A | Closed | finding-3529 | 2022-03-09 16:34 | 2022-03-10 07:39 | Resolved | 1 - Information | C | A | Compliance | TRID | Revised Loan Estimate Delivery Date and Changed Circumstances Date Test | Resolved-***Received COC and Revised LE. - Due Diligence Vendor-03/10/2022 Ready for Review-Document Uploaded. - Seller-03/09/2022 Open-***COC found in file (pg xxx) for a revised LE dated xxx - MISSING REVISED LE xxx - Due Diligence Vendor-03/07/2022 |
Ready for Review-Document Uploaded. - Seller-03/09/2022 |
Resolved-***Received COC and Revised LE. - Due Diligence Vendor-03/10/2022 |
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 57.35% Is Below the Guideline Maximum Of 70% By Ten Percent (10%) or More Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 32.33% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 57.35% Is Below The Guideline Maximum Of 70% By Ten Percent (10%) Or More Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 64 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Second Home | Purchase | NA | N/A | N/A | xxx | ||
| 231282 | xxx | C | A | C | A | C | A | A | A | Closed | finding-3631 | 2022-03-09 16:33 | 2022-03-10 07:13 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved- ***Received COC and Revised LE. - Due Diligence Vendor-03/10/2022 Ready for Review-Document Uploaded. - Seller-03/09/2022 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. Missing copy of revised LE dated xxx to confirm lock and adjusted discount points. - Due Diligence Vendor-03/09/2022 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. - Due Diligence Vendor-03/07/2022 |
Ready for Review-Document Uploaded. - Seller-03/09/2022 |
Resolved- ***Received COC and Revised LE. - Due Diligence Vendor-03/10/2022 |
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 57.35% Is Below the Guideline Maximum Of 70% By Ten Percent (10%) or More Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 32.33% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 57.35% Is Below The Guideline Maximum Of 70% By Ten Percent (10%) Or More Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 64 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Second Home | Purchase | NA | N/A | N/A | xxx | ||
| 231282 | xxx | C | A | C | A | C | A | A | A | Closed | finding-3632 | 2022-03-09 16:31 | 2022-03-10 07:13 | Resolved | 1 - Information | C | A | Compliance | Disclosures (Federal, State, and Data Dependent) | Consummation or Reimbursement Date Validation Test | Resolved- ***Received COC and Revised LE. - Due Diligence Vendor-03/10/2022 Ready for Review-Document Uploaded. - Seller-03/09/2022 Open-This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations. Missing copy of revised LE dated xxx to confirm lock and adjusted discount points. - Due Diligence Vendor-03/09/2022 Open-This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-03/07/2022 |
Ready for Review-Document Uploaded. - Seller-03/09/2022 |
Resolved- ***Received COC and Revised LE. - Due Diligence Vendor-03/10/2022 |
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 57.35% Is Below the Guideline Maximum Of 70% By Ten Percent (10%) or More Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 32.33% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 57.35% Is Below The Guideline Maximum Of 70% By Ten Percent (10%) Or More Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 64 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Second Home | Purchase | NA | N/A | N/A | xxx | ||
| 231282 | xxx | C | A | C | A | C | A | A | A | Closed | finding-3634 | 2022-03-09 16:33 | 2022-03-10 07:13 | Resolved | 1 - Information | C | A | Compliance | TRID Tolerance | Charges That Cannot Increase Test | Resolved- ***Received COC and Revised LE. - Due Diligence Vendor-03/10/2022 Ready for Review-Document Uploaded. - Seller-03/09/2022 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 $xxx.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). Missing copy of revised LE dated xxx to confirm lock and adjusted discount points. - Due Diligence Vendor-03/09/2022 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 $xxx.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). - Due Diligence Vendor-03/07/2022 |
Ready for Review-Document Uploaded. - Seller-03/09/2022 |
Resolved- ***Received COC and Revised LE. - Due Diligence Vendor-03/10/2022 |
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 57.35% Is Below the Guideline Maximum Of 70% By Ten Percent (10%) or More Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 32.33% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 57.35% Is Below The Guideline Maximum Of 70% By Ten Percent (10%) Or More Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 64 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Second Home | Purchase | NA | N/A | N/A | xxx | ||
| 226223 | xxx | 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 | xxx | xxx | Primary Residence | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| 243622 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| 239446 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | |||||||||||||||||||
| 241161 | xxx | 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 | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | |||||||||||||||||||
| 240827 | xxx | C | A | A | A | C | A | A | A | Closed | finding-47 | 2022-04-07 11:17 | 2022-04-08 10:20 | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved- Received PCCD - Due Diligence Vendor-04/08/2022 Ready for Review-Document Uploaded. - Seller-04/07/2022 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. *** Loan closed on xxx. It appears that as of the final CD the disbursement date is xxx and does not adhere to the 3 day cooling period. Please provide proof of updated disbursement date - Due Diligence Vendor-04/06/2022 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. - Due Diligence Vendor-04/06/2022 |
Ready for Review-Document Uploaded. - Seller-04/07/2022 |
Resolved- Received PCCD - Due Diligence Vendor-04/08/2022 |
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 73 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxx | ||
| 240827 | xxx | C | A | A | A | C | A | A | A | Closed | FCOM4227 | 2022-04-07 11:32 | 2022-04-08 09:58 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID: Missing Closing Disclosure | Resolved-Received Initial LE and Initial CD - Due Diligence Vendor-04/08/2022 Ready for Review-Document Uploaded. - Seller-04/07/2022 Counter-Received Initial CD. The Disclosure Tracking Summary on page xxx of the file indicates the LE issued xxx is a revised LE and the initial LE was issued xxx. We are missing the initial LE issued xxx, please provide. - Due Diligence Vendor-04/07/2022 Ready for Review-Document Uploaded. - Seller-04/06/2022 Open-****Initial Closing Disclosure is missing. Needed for accurate compliance review - Due Diligence Vendor-04/06/2022 |
Ready for Review-Document Uploaded. - Seller-04/07/2022 Ready for Review-Document Uploaded. - Seller-04/06/2022 |
Resolved-Received Initial LE and Initial CD - Due Diligence Vendor-04/08/2022 |
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 73 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxx | ||
| 240827 | xxx | C | A | A | A | C | A | A | A | Closed | finding-3652 | 2022-04-06 17:09 | 2022-04-07 09:27 | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved- Received COC - Due Diligence Vendor-04/07/2022 Ready for Review-Document Uploaded. - Seller-04/06/2022 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 ($xxx) does not exceed or equal the comparable sum of specific and non-specific lender credits ($xxx). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). - Due Diligence Vendor-04/05/2022 Open-This loan failed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($xxx) does not exceed or equal the comparable sum of specific and non-specific lender credits ($xxx). 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). ***Loan Discount points decreased (xxx). COC not noted in file - Due Diligence Vendor-04/06/2022 |
Ready for Review-Document Uploaded. - Seller-04/06/2022 |
Resolved- Received COC - Due Diligence Vendor-04/07/2022 |
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 73 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxx | ||
| 240827 | xxx | C | A | A | A | C | A | A | A | Closed | finding-3532 | 2022-04-06 17:08 | 2022-04-07 09:27 | Resolved | 1 - Information | C | A | Compliance | TRID | Initial Closing Disclosure Delivery Date Test | Resolved- Received Initial CD - Due Diligence Vendor-04/07/2022 Ready for Review-Document Uploaded. - Seller-04/06/2022 Open-This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation. ****Initial Closing Disclosure is missing. Needed for accurate compliance review - Due Diligence Vendor-04/06/2022 Open-This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation. - Due Diligence Vendor-04/06/2022 |
Ready for Review-Document Uploaded. - Seller-04/06/2022 |
Resolved- Received Initial CD - Due Diligence Vendor-04/07/2022 |
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 73 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxx | ||
| 225164 | xxx | C | A | C | A | A | A | A | A | Closed | FCRE1167 | 2022-06-03 14:12 | 2022-06-06 09:00 | Resolved | 1 - Information | C | A | Credit | Insurance | Inadequate Hazard Insurance Coverage - Amount of coverage is less than primary lien amount and the Replacement Cost Value Estimator was not Provided by the Insurer | Resolved-Updated policy provided reflects sufficient Hazard Insurance Coverage is now in evidence. - Due Diligence Vendor-06/06/2022 Ready for Review-Document Uploaded. - Seller-06/03/2022 Counter-No additional information provided- RCE was reviewed previously and reflects an amount to rebuild as $xxx, however coverage is only $xxx per declarations page in file. Please provide proof of sufficient increase or endorsement verifying additional available amount to meet loan amount or estimated cost to reconstruct. - Due Diligence Vendor-05/13/2022 Ready for Review-Document Uploaded. - Seller-05/12/2022 Counter-Insurance coverage as verified in the amount of $xxx is insufficient to meet loan amount of $xxx and insurer's anticipated cost to rebuild of $xxx. Please provide evidence that $xxx coverage is sufficient or document increase in policy amount. - Due Diligence Vendor-05/11/2022 Ready for Review-Document Uploaded. - Seller-05/10/2022 Open-Inadequate Hazard Insurance Coverage and Replacement Cost Estimator was not Provided - Hazard Insurance Coverage in the amount of $xxx is less than the minimum required coverage amount of $xxx Updated xxx Policy from exp. xxx (pg xxx), provides only $xxx in coverage for the structure however the Loan amount is$xxx. - Due Diligence Vendor-04/11/2022 |
Ready for Review-Document Uploaded. - Seller-06/03/2022 Ready for Review-Document Uploaded. - Seller-05/12/2022 Ready for Review-Document Uploaded. - Seller-05/10/2022 |
Resolved-Updated policy provided reflects sufficient Hazard Insurance Coverage is now in evidence. - Due Diligence Vendor-06/06/2022 |
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 37 Are Greater Than The Guideline Minimum Of 12 By Six (6) Or More Months Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points |
xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx | ||
| 230809 | xxx | B | A | A | A | B | A | A | A | Closed | FCOM1621 | 2022-04-15 15:24 | 2022-04-18 15:05 | Resolved | 1 - Information | B | A | Compliance | Missing Doc - Federal Disclosure | Initial Escrow Account Disclosure is Missing | Resolved-***Received Initial Escrow Account Disclosure - Due Diligence Vendor-04/18/2022 Resolved-Initial Escrow Account Disclosure is Resolved - Due Diligence Vendor-04/18/2022 Ready for Review-Document Uploaded. - Seller-04/15/2022 Open-Initial Escrow Account Disclosure is Missing- lender to provide - Due Diligence Vendor-04/13/2022 |
Ready for Review-Document Uploaded. - Seller-04/15/2022 |
Resolved-***Received Initial Escrow Account Disclosure - Due Diligence Vendor-04/18/2022 Resolved-Initial Escrow Account Disclosure is Resolved - Due Diligence Vendor-04/18/2022 |
Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 69.99% Is Below the Guideline Maximum Of 85% By Ten Percent (10%) or More Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 69.99% Is Below The Guideline Maximum Of 85% By Ten Percent (10%) Or More Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 66 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months |
xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx | ||
| 242961 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | |||||||||||||||||||
| 244152 | xxx | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| 243538 | xxx | B | B | A | A | B | B | A | A | Closed | FCOM1270 | 2022-08-10 16:05 | 2022-08-10 17:17 | Acknowledged | 2 - Non-Material | B | B | Compliance | Disclosures (Federal, State, and Data Dependent) | ARM Disclosure Not Provided Within 3 Days of Application Date | Acknowledged-ARM Disclosure Not Provided Within 3 Days of Application Date - Due Diligence Vendor-08/10/2022 | Acknowledged-ARM Disclosure Not Provided Within 3 Days of Application Date - Due Diligence Vendor-08/10/2022 |
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 75% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 27 Years Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 75% Is Below the Guideline Maximum Of 90% By Ten Percent (10%) or More |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | Originator Post-Close | No | xxx |