SitusAMC Loan ID

Customer Loan ID

Seller Loan ID

Investor Loan Number

Unique Loan ID

Loan Exception ID

Exception ID

Exception Date

Exception Type

Exception Category

Exception Subcategory

15E Category

Exception

Exception Detail

Exception Information

Compensating Factors

Compensating Factor Information

Applying Party

Follow-up Comments

Cleared Date

Cured Date

Waived Date

Exception Level Grade

DBRS Initial Exception Rating

DBRS Final Exception Rating

Fitch Initial Exception Rating

Fitch Final Exception Rating

Kroll Initial Exception Rating

Kroll Final Exception Rating

Moody's Initial Exception Rating

Moody's Final Exception Rating

S&P Initial Exception Rating

S&P Final Exception Rating

Note Date

Property State

Occupancy

Purpose

Exception Remediation

Overall

Initial Loan Grade

Overall

Final Loan Grade

Credit

Initial Loan Grade

Credit

Final Loan Grade

Compliance

Initial Loan Grade

Compliance

Final Loan Grade

Property

Initial Loan Grade

Property

Final Loan Grade

Originator QM ATR Status

TPR QM ATR Status

Is Curable

[redacted]

[redacted]

[redacted]

[redacted]

51485558

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Reviewer Comment (2017-10-04): XXXXX

 

10/04/2017

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Purchase

C

B

C

B

C

B

C

A

Non QM

Non QM

No

[redacted]

[redacted]

[redacted]

[redacted]

51485558

XXXX

Compliance

Compliance

Federal Compliance

Federal HPML

Federal HPML XXXXX Non Compliant

Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXXX% or Final Disclosure APR of XXXXX% is in excess of allowable threshold of APOR XXXXX% + XXXXX%, or XXXXX%.  Non-Compliant Higher Priced Mortgage Loan.

Reviewer Comment (2017-06-14): XXXXX

 

06/14/2017

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Purchase

C

B

C

B

C

B

C

A

Non QM

Non QM

No

[redacted]

[redacted]

[redacted]

[redacted]

51485558

XXXX

Compliance

Compliance

Federal Compliance

Federal HPML

(Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Flipped Property - Second Appraisal Not Obtained Timely)

TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Flipped Property - Secondary appraisal not obtained prior to consummation.

0 age Subject sold xx/xx/xxxx @ $XXXXX as a vacant site,  No other prior sales or transfers in the past 36 months

Reviewer Comment (2017-06-14): XXXXX

 

 

Seller Comment (2017-06-14): XXXXX

 

06/14/2017

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Purchase

C

B

C

B

C

B

C

A

Non QM

Non QM

No

[redacted]

[redacted]

[redacted]

[redacted]

51485558

XXXX

Credit

Credit

Credit Eligibility

Credit

Guideline Issue: Bankruptcy timeline outside of credit guidelines

Multiple Bankruptcy Filings. Chapter 13 filedxx/xx/xxxx and Chapter 7 filed xx/xx/xxxx.   XXXXX months seasoning < XXXXX months if more than 1 bankruptcy filing in the past XXXXX years under XXXXX.  Exception not acknowledged by Lender

Borrower on this XXXXXation loan has a disposable income of $XXXXX

Reviewer Comment (2017-06-14): XXXXX

 

06/14/2017

2

C

B

C

B

C

B

C

B

C

B

FL

Primary

Purchase

C

B

C

B

C

B

C

A

Non QM

Non QM

No

[redacted]

[redacted]

[redacted]

[redacted]

51485558

XXXX

Compliance

Compliance

Federal Compliance

ECOA

ECOA Appraisal - Appraisal Provided Prior to Date Performed

ECOA Valuations Rule (Dodd-Frank XXXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. (Type:Primaryxx/xx/xxxx)

Valuation Received Datexx/xx/xxxx < Valuation Report Datexx/xx/xxxx

Reviewer Comment (2017-06-23): XXXXX

 

06/23/2017

1

B

A

B

A

B

A

B

A

B

A

FL

Primary

Purchase

C

B

C

B

C

B

C

A

Non QM

Non QM

No

[redacted]

[redacted]

[redacted]

[redacted]

51485558

XXXX

Credit

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: PITIA reserves months discrepancy.

Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.

3.04 months < 6 months XXXXX 5/1 ARM program.  Verification of $XXXXX Gift funds receipt or wired directly to title not documented in file.

Borrower on this XXXXXation loan has a disposable income of $XXXXX

Reviewer Comment (2017-06-14): XXXXX

 

06/14/2017

2

C

B

C

B

C

B

C

B

C

B

FL

Primary

Purchase

C

B

C

B

C

B

C

A

Non QM

Non QM

No

[redacted]

[redacted]

[redacted]

[redacted]

51485558

XXXX

Compliance

Compliance

Federal Compliance

TRID

TRID non-compliant: Fees were not reflected in the correct section of the disclosure.

Condo - Capital Contribution Fee in Section C should be in Section H.

2

B

B

B

B

B

B

B

B

B

B

FL

Primary

Purchase

Good Faith Redisclosure

C

B

C

B

C

B

C

A

Non QM

Non QM

No

[redacted]

[redacted]

[redacted]

[redacted]

54511604

XXXX

Credit

Loan Package Documentation

Closing / Title

Missing Document

Missing Document: Security Instrument not provided

Reviewer Comment (2018-05-31): XXXXX

 

 

Buyer Comment (2018-05-29): XXXXX

 

05/31/2018

1

D

A

D

A

D

A

D

A

D

A

FL

Investment

Refinance - Rate/Term

D

A

D

A

A

A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

54511604

XXXX

Compliance

Compliance

Miscellaneous Compliance

Compliance

Other Compliance Exception (Manual Add)

Note contains a Prepayment Penalty Rider but Settlement Statement (HUD--1) page 3 states that loan does not have a prepayment penalty.

Reviewer Comment (2018-05-31): XXXXX

 

05/31/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Investment

Refinance - Rate/Term

D

A

D

A

A

A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

52101846

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Reviewer Comment (2018-09-08): XXXXX

 

 

Reviewer Comment (2018-09-04): XXXXX

 

 

Seller Comment (2018-08-31): XXXXX

 

09/08/2018

1

C

A

C

A

C

A

C

A

C

A

PA

Primary

Refinance - Cash-out - Debt Consolidation

C

A

C

A

C

A

C

A

Safe Harbor QM

Safe Harbor QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52101846

XXXX

Credit

Loan Package Documentation

Application / Processing

Missing Document

Missing Document: Approval not provided

Reviewer Comment (2018-09-04): XXXXX

 

 

Seller Comment (2018-08-31): XXXXX

 

09/04/2018

1

C

A

C

A

C

A

C

A

C

A

PA

Primary

Refinance - Cash-out - Debt Consolidation

C

A

C

A

C

A

C

A

Safe Harbor QM

Safe Harbor QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52101846

XXXX

Compliance

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Total Property Costs Year 1

TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of $ XXXXX on Final Closing Disclosure provided on  XXXXX not accurate.  XXXXX

HOI Dec Page reflects $516 premium at time of closing.

Reviewer Comment (2018-08-31): XXXXX

 

 

Seller Comment (2018-08-31): XXXXX

 

08/31/2018

1

C

A

C

A

C

A

C

A

C

A

PA

Primary

Refinance - Cash-out - Debt Consolidation

Letter of Explanation & Corrected Closing Disclosure

C

A

C

A

C

A

C

A

Safe Harbor QM

Safe Harbor QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52101846

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Value variance greater than 10% between origination appraisal and subsequent product

-12.7660% variance from appraised value.

Reviewer Comment (2018-10-22): XXXXX

 

10/22/2018

1

A

A

A

A

A

PA

Primary

Refinance - Cash-out - Debt Consolidation

C

A

C

A

C

A

C

A

Safe Harbor QM

Safe Harbor QM

No

[redacted]

[redacted]

[redacted]

[redacted]

56470463

XXXX

Credit

Loan Package Documentation

Application / Processing

Missing Document

Missing Document: Approval not provided

Reviewer Comment (2018-09-04): XXXXX

 

 

Seller Comment (2018-08-31): XXXXX

 

09/04/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Home Improvement

C

B

C

A

C

B

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

56470463

XXXX

Compliance

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Higher Priced QM.

Please attest lender originated file as High Priced.

Reviewer Comment (2018-09-05): XXXXX

 

 

Seller Comment (2018-08-31): XXXXX

 

09/05/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Home Improvement

Lender to provide updated ATR/QM status

C

B

C

A

C

B

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

56470463

XXXX

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

Borrower: XXXXX

Missing a verbal verification to confirm the Borrower's current employment status is required for all Borrowers within 10 business days from the Mortgage Note date (or Funding Date for escrow states) for wage income. Verification of Employment in file did not disclose  a date the verification was performed.

Reviewer Comment (2018-09-11): XXXXX

 

 

Seller Comment (2018-09-10): XXXXX

 

 

Reviewer Comment (2018-09-08): XXXXX

 

 

Seller Comment (2018-09-05): XXXXX

 

 

Seller Comment (2018-08-31): XXXXX

 

09/11/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Home Improvement

C

B

C

A

C

B

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

56470463

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Reviewer Comment (2018-09-08): XXXXX

 

 

Reviewer Comment (2018-09-04): XXXXX

 

09/08/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Home Improvement

C

B

C

A

C

B

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

56470463

XXXX

Compliance

Compliance

Federal Compliance

TRID

TRID Esign Consent Agreement Status

ESIGN Act - Loan file does not contain evidence of borrower's consent to receive electronic disclosures.

Evidence of esign consent.

Reviewer Comment (2018-09-05): XXXXX

 

 

Seller Comment (2018-09-05): XXXXX

 

 

Reviewer Comment (2018-08-31): XXXXX

 

 

Seller Comment (2018-08-31): XXXXX

 

08/31/2018

1

B

A

B

A

B

A

B

A

B

A

FL

Primary

Refinance - Cash-out - Home Improvement

No Defined Cure

C

B

C

A

C

B

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

56470463

XXXX

Compliance

Compliance

Federal Compliance

TRID

TRID Loan Estimate Esign Consent Agreement Timing

ESIGN Act - Loan Estimate provided on XXXXX was electronically provided prior to borrower's consent to receive electronic disclosures. (Initial XXXXX)

XXXXX received verification of the 1st time of eSign consent was on XXXXX due to missing actual eSign Agreement. Initial LE was electronically signed on XXXXX.

Reviewer Comment (2018-09-12): XXXXX

 

 

Reviewer Comment (2018-09-05): XXXXX

 

 

Seller Comment (2018-09-05): XXXXX

 

09/12/2018

2

B

B

B

B

B

FL

Primary

Refinance - Cash-out - Home Improvement

No Defined Cure

C

B

C

A

C

B

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

56760742

XXXX

Credit

Loan Package Documentation

Application / Processing

Missing Document

Missing Document: Approval not provided

Reviewer Comment (2018-09-04): XXXXX

 

 

Seller Comment (2018-08-27): XXXXX

 

09/04/2018

1

C

A

C

A

C

A

C

A

C

A

CA

Primary

Refinance - Cash-out - Debt Consolidation

C

A

C

A

C

A

A

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

56760742

XXXX

Credit

Loan Package Documentation

Closing / Title

Loan Package Documentation

Security Instrument is not on a XXXXX/XXXXX form and does not contain the following clauses:

___

Waivers. Borrower waives all reights of homestead exemption in the Property and relinquishes all rights of curtesy and dower in the Property.

Reviewer Comment (2018-09-04): XXXXX

 

09/04/2018

1

B

A

B

A

B

A

B

A

B

A

CA

Primary

Refinance - Cash-out - Debt Consolidation

C

A

C

A

C

A

A

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

56760742

XXXX

Compliance

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Higher Priced QM.

Please attest lender originated file as High Priced.

Reviewer Comment (2018-09-05): XXXXX

 

 

Seller Comment (2018-08-27): XXXXX

 

09/05/2018

1

C

A

C

A

C

A

C

A

C

A

CA

Primary

Refinance - Cash-out - Debt Consolidation

Lender to provide updated ATR/QM status

C

A

C

A

C

A

A

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

56760742

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Reviewer Comment (2018-09-08): XXXXX

 

 

Reviewer Comment (2018-09-04): XXXXX

 

09/08/2018

1

A

A

A

A

A

CA

Primary

Refinance - Cash-out - Debt Consolidation

C

A

C

A

C

A

A

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52159762

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

A 2nd valuation is not located in file.

Reviewer Comment (2018-09-08): XXXXX

 

 

Reviewer Comment (2018-09-04): XXXXX

 

 

Seller Comment (2018-08-31): XXXXX

 

09/08/2018

1

C

A

C

A

C

A

C

A

C

A

KY

Primary

Refinance - Cash-out - Other

C

A

C

A

C

A

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52159762

XXXX

Credit

Credit

Credit Documentation

Credit

Missing Document: Subordination Agreement not provided

A Subordination Agreement is not located in file.

Reviewer Comment (2018-09-08): XXXXX

 

 

Seller Comment (2018-09-06): XXXXX

 

09/08/2018

1

C

A

C

A

C

A

C

A

C

A

KY

Primary

Refinance - Cash-out - Other

C

A

C

A

C

A

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52159762

XXXX

Credit

Loan Package Documentation

Application / Processing

Missing Document

Missing Document: Approval not provided

An Approval is not located in file.

Reviewer Comment (2018-09-04): XXXXX

 

 

Seller Comment (2018-08-31): XXXXX

 

09/04/2018

1

C

A

C

A

C

A

C

A

C

A

KY

Primary

Refinance - Cash-out - Other

C

A

C

A

C

A

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52159762

XXXX

Compliance

Compliance

Federal Compliance

ATR/QM Defect

QM Employment History - Current Employment Documentation lacks Date Info

Qualified Mortgage (Dodd-Frank XXXXX): Missing Employment Dates to verify two years current employment. (XXXXX)

A VVOE is not in file.

Reviewer Comment (2018-09-08): XXXXX

 

 

Reviewer Comment (2018-09-05): XXXXX

 

 

Seller Comment (2018-08-31): XXXXX

 

09/08/2018

1

B

A

B

A

B

A

B

A

B

A

KY

Primary

Refinance - Cash-out - Other

C

A

C

A

C

A

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52159762

XXXX

Compliance

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Higher Priced QM.

APR exceeds Higher Priced threshold.

Reviewer Comment (2018-09-05): XXXXX

 

 

Seller Comment (2018-08-31): XXXXX

 

09/05/2018

1

C

A

C

A

C

A

C

A

C

A

KY

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

C

A

C

A

C

A

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52159762

XXXX

Compliance

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure APR

TILA-RESPA Integrated Disclosure - Loan Calculations:  APR of XXX% on Final Closing Disclosure provided on XXXXX is under-disclosed from the calculated APR of XXX% outside of 0.125% tolerance. (XXXXX)

The APR of XXX% on the Final CD is underdisclosed from the calculated APR of XXX%.

Reviewer Comment (2018-09-07): XXXXX

 

 

Seller Comment (2018-09-07): XXXXX

 

09/07/2018

1

C

A

C

A

C

A

C

A

C

A

KY

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission if Applicable

C

A

C

A

C

A

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52159762

XXXX

Compliance

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Finance Charge

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXXX disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final XXXXX)

There is a difference of XXXXX between the disclosed and calculated finance charge.  Unable to determine reason.

Reviewer Comment (2018-09-07): XXXXX

 

 

Seller Comment (2018-09-07): XXXXX

 

09/07/2018

1

C

A

C

A

C

A

C

A

C

A

KY

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable

C

A

C

A

C

A

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52159762

XXXX

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

Borrower: XXXXX

A VVOE is in file however the document is incomplete including the date information was verified.

Reviewer Comment (2018-09-08): XXXXX

 

 

Seller Comment (2018-09-06): XXXXX

 

 

Reviewer Comment (2018-09-05): XXXXX

 

 

Seller Comment (2018-08-31): XXXXX

 

09/08/2018

1

C

A

C

A

C

A

C

A

C

A

KY

Primary

Refinance - Cash-out - Other

C

A

C

A

C

A

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

53849818

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Reviewer Comment (2018-09-08): XXXXX

 

 

Reviewer Comment (2018-09-04): XXXXX

 

 

Seller Comment (2018-08-27): XXXXX

 

09/08/2018

1

C

A

C

A

C

A

C

A

C

A

AZ

Primary

Refinance - Cash-out - Other

C

A

A

A

C

A

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

53849818

XXXX

Compliance

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of XXXXX QM does not match Due Diligence Loan Designation of Higher Priced QM.

Please attest lender originated file as High Priced.

Reviewer Comment (2018-09-05): XXXXX

 

 

Seller Comment (2018-08-27): XXXXX

 

09/05/2018

1

C

A

C

A

C

A

C

A

C

A

AZ

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

C

A

A

A

C

A

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

59208863

XXXX

Credit

Loan Package Documentation

Application / Processing

Missing Document

Missing Document: Approval not provided

Reviewer Comment (2018-09-04): XXXXX

 

 

Seller Comment (2018-08-31): XXXXX

 

09/04/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Other

C

A

C

A

A

A

C

A

Safe Harbor QM

Safe Harbor QM

No

[redacted]

[redacted]

[redacted]

[redacted]

59208863

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Reviewer Comment (2018-09-08): XXXXX

 

 

Reviewer Comment (2018-09-04): XXXXX

 

 

Seller Comment (2018-08-31): XXXXX

 

09/08/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Other

C

A

C

A

A

A

C

A

Safe Harbor QM

Safe Harbor QM

No

[redacted]

[redacted]

[redacted]

[redacted]

59208863

XXXX

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

Borrower: XXXX Borrower: XXXX

Reviewer Comment (2018-09-08): XXXXX

 

 

Seller Comment (2018-08-31): XXXXX

 

09/08/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Other

C

A

C

A

A

A

C

A

Safe Harbor QM

Safe Harbor QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52985390

XXXX

Compliance

Compliance

Federal Compliance

ATR/QM Defect

Retirement Documentation

Qualified Mortgage (Dodd-Frank XXXXX): XXXXX income documentation insufficient. (XXXXX Retired/Pension)

XXXXX income must be verified from the former employer, or from Federal tax returns. If any XXXXX income, such as XXXXX's, will cease within the first full three years of the mortgage loan, such income XXXXX not be used in qualifying.

Reviewer Comment (2018-11-07): XXXXX

 

 

Seller Comment (2018-11-07): XXXXX

 

 

Reviewer Comment (2018-10-25): XXXXX

 

 

Seller Comment (2018-10-24): XXXXX

 

11/07/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Other

C

B

A

A

C

B

A

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52985390

XXXX

Compliance

Compliance

Federal Compliance

ATR/QM Defect

Social Security Documentation

Qualified Mortgage (Dodd-Frank XXXXX): XXXXXincome documentation insufficient. (XXXXXXXXXX)

XXXXX income must be verified by a XXXXX

Reviewer Comment (2018-10-25): XXXXX

 

 

Seller Comment (2018-10-24): XXXXX

 

10/25/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Other

C

B

A

A

C

B

A

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52985390

XXXX

Compliance

Compliance

Federal Compliance

Federal HPML

Federal HPML XXXXX Non Compliant

Federal Higher-Priced Mortgage Loan: APR on subject loan of XX.XXXXX% or Final Disclosure APR of XX.XXXXX% is in excess of allowable threshold of APOR X.XX% + X.X%, or X.XXXXX%.  Non-Compliant Higher Priced Mortgage Loan.

HPML Non-compliant due to insufficient income verification.

Reviewer Comment (2018-11-07): XXXXX

 

 

Seller Comment (2018-11-07): XXXXX

 

 

Reviewer Comment (2018-10-25): XXXXX

 

 

Seller Comment (2018-10-24): XXXXX

 

11/07/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Other

C

B

A

A

C

B

A

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52985390

XXXX

Compliance

Compliance

Federal Compliance

Federal HPML

TIL Higher Priced Mortgage Loan Safe Harbor

TILA HPML appraisal Rule (Dodd-Frank XXXXX): Safe Harbor requirements not satisfied.

Reviewer Comment (2018-10-08): XXXXX

 

10/08/2018

2

B

B

B

B

B

B

B

B

B

B

FL

Primary

Refinance - Cash-out - Other

C

B

A

A

C

B

A

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52985390

XXXX

Compliance

Compliance

Federal Compliance

Federal HPML

(Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Appraisal - Did Not Physically Visit)

TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Appraisal not obtained by physical visit to property.

BPO discloses it was a drive by.

Reviewer Comment (2018-11-07): XXXXX

 

 

Seller Comment (2018-11-07): XXXXX

 

 

Reviewer Comment (2018-10-25): XXXXX

 

 

Seller Comment (2018-10-24): XXXXX

 

11/07/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Other

C

B

A

A

C

B

A

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52985390

XXXX

Compliance

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Higher Priced QM does not match Due Diligence Loan Designation of Non QM.

Loan did not meet QM requirements due to award letters not provided with income documentation.

Reviewer Comment (2018-11-07): XXXXX

 

 

Seller Comment (2018-11-07): XXXXX

 

 

Reviewer Comment (2018-10-25): XXXXX

 

 

Seller Comment (2018-10-24): XXXXX

 

11/07/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

C

B

A

A

C

B

A

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

59845362

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Reviewer Comment (2018-10-22): XXXXX

 

10/22/2018

1

C

A

C

A

C

A

C

A

C

A

NY

Primary

Refinance - Cash-out - Other

C

B

A

A

B

B

C

A

Temporary SHQM (GSE/Agency Eligible)

Temporary SHQM (GSE/Agency Eligible)

No

[redacted]

[redacted]

[redacted]

[redacted]

59845362

XXXX

Compliance

Compliance

Federal Compliance

TRID

TRID Final Closing Disclosure Without Seller - Closing Costs Financed

TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on  xxxx disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/ xxxx

Cash to Close table did not disclose a dollar figure for Closing Costs Financed.

2

B

B

B

B

B

B

B

B

B

B

NY

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

C

B

A

A

B

B

C

A

Temporary SHQM (GSE/Agency Eligible)

Temporary SHQM (GSE/Agency Eligible)

No

[redacted]

[redacted]

[redacted]

[redacted]

56988031

XXXX

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

Paystubs from XXXXX not evidenced in loan file, nor is WVOE provided.  File contains payroll journal, but doesn't provided YTD income, etc.

Reviewer Comment (2018-11-10): XXXXX

 

 

Seller Comment (2018-11-09): XXXXX

 

 

Reviewer Comment (2018-11-09): XXXXX

 

 

Reviewer Comment (2018-09-27): XXXXX

 

 

Seller Comment (2018-09-25): XXXXX

 

11/10/2018

1

C

A

C

A

C

A

C

A

C

A

NY

Investment

Refinance - Cash-out - Other

C

C

C

A

B

A

C

C

N/A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

56988031

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Client to order at time of securitization.

2

C

C

C

C

C

C

C

C

C

C

NY

Investment

Refinance - Cash-out - Other

C

C

C

A

B

A

C

C

N/A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

56988031

XXXX

Compliance

Compliance

State Compliance

State Late Charge

XXXXX Late Charge Percent Testing

Note late charge exceeds maximum per state.

XXXXX regulations restrict late fee to X% of delinquent payment.  Note reflects X%, however Final CD reflects X%.

Reviewer Comment (2018-11-10): XXXXX

 

 

Reviewer Comment (2018-11-09): XXXXX

 

11/10/2018

1

B

A

B

A

B

A

B

A

B

A

NY

Investment

Refinance - Cash-out - Other

C

C

C

A

B

A

C

C

N/A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

50382123

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Only 1 original appraisal was provided

Reviewer Comment (2018-10-22): XXXXX

 

10/22/2018

1

C

A

C

A

C

A

C

A

C

A

NY

Investment

Purchase

C

A

A

A

A

A

C

A

N/A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

52577870

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

$ xxxx Residual income using Bank Statement documentation

Reviewer Comment (2018-10-22): XXXXX

 

10/22/2018

1

C

A

C

A

C

A

C

A

C

A

NY

Investment

Purchase

C

A

C

A

A

A

C

A

N/A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

52577870

XXXX

Credit

Credit

Credit Eligibility

Credit

There are red flags on the fraud report that have not been addressed

Credit Report: Original // Borrower: XXXXX, Credit Report: Original // Borrower: XXXXX

Drive score was 0 and lender did not address ref flags and run again to get passing score.

Reviewer Comment (2018-10-08): XXXXX

 

 

Seller Comment (2018-10-05): XXXXX

 

10/08/2018

1

C

A

C

A

C

A

C

A

C

A

NY

Investment

Purchase

C

A

C

A

A

A

C

A

N/A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

55377998

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Reviewer Comment (2018-10-22): XXXXX

 

10/22/2018

1

C

A

C

A

C

A

C

A

C

A

CA

Second Home

Refinance - Cash-out - Debt Consolidation

C

B

A

A

B

B

C

A

Temporary SHQM (GSE/Agency Eligible)

Temporary SHQM (GSE/Agency Eligible)

No

[redacted]

[redacted]

[redacted]

[redacted]

55377998

XXXX

Compliance

Compliance

Federal Compliance

TRID

TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $ xxxx exceeds tolerance of $ xxxx plus 10% or $ xxxx.  Sufficient or excess cure was provided to the borrower at Closing. (0)

09/05/2018

1

A

A

A

A

A

A

A

A

A

A

CA

Second Home

Refinance - Cash-out - Debt Consolidation

Final CD evidences Cure

C

B

A

A

B

B

C

A

Temporary SHQM (GSE/Agency Eligible)

Temporary SHQM (GSE/Agency Eligible)

No

[redacted]

[redacted]

[redacted]

[redacted]

55377998

XXXX

Compliance

Compliance

Federal Compliance

TRID

TRID Final Closing Disclosure Without Seller - Closing Costs Financed

TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on  xxxx disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/ xxxx)

The field is blank on the Final CD.

2

B

B

B

B

B

B

B

B

B

B

CA

Second Home

Refinance - Cash-out - Debt Consolidation

Letter of Explanation & Corrected Closing Disclosure

C

B

A

A

B

B

C

A

Temporary SHQM (GSE/Agency Eligible)

Temporary SHQM (GSE/Agency Eligible)

No

[redacted]

[redacted]

[redacted]

[redacted]

54775357

XXXX

Credit

Insurance

Insurance Analysis

Insurance

Insufficient Coverage: Hazard insurance coverage amount is insufficient.

Reviewer Comment (2018-10-11): XXXXX

 

 

Reviewer Comment (2018-10-04): XXXXX

 

 

Seller Comment (2018-10-01): XXXXX

 

 

Reviewer Comment (2018-09-27): XXXXX

 

 

Seller Comment (2018-09-25): XXXXX

 

10/11/2018

1

C

A

C

A

C

A

C

A

C

A

NY

Investment

Purchase

C

A

C

A

A

A

C

A

N/A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

54775357

XXXX

Credit

Property - Appraisal

Appraisal Adjustments

Property - Appraisal

Excessive site value noted on appraisal without appraiser comments to justify

Valuation Type: Appraisal / Valuation Report Date: (XXXXX)

The appraiser did not comment on the excessive site value noted on the appraisal.

Reviewer Comment (2018-09-27): XXXXX

 

 

Seller Comment (2018-09-25): XXXXX

 

09/27/2018

1

C

A

C

A

C

A

C

A

C

A

NY

Investment

Purchase

C

A

C

A

A

A

C

A

N/A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

54775357

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Second Appraisals not required.

Reviewer Comment (2018-10-22): XXXXX

 

10/22/2018

1

C

A

C

A

C

A

C

A

C

A

NY

Investment

Purchase

C

A

C

A

A

A

C

A

N/A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

54775357

XXXX

Credit

Asset

Asset Calculation / Analysis

Asset

Available for Closing is insufficient to cover Cash From Borrower.

Documented qualifying Assets for Closing of  ___ is less than Cash From Borrower ___.

Unable to source $XXX.  Check from undisclosed entity is in file, but not from borrower and no gift letter provided.

Reviewer Comment (2018-09-27): XXXXX

 

 

Seller Comment (2018-09-25): XXXXX

 

09/27/2018

1

C

A

C

A

C

A

C

A

C

A

NY

Investment

Purchase

C

A

C

A

A

A

C

A

N/A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

55068326

XXXX

Compliance

Compliance

Federal Compliance

TRID

TRID Final Closing Disclosure Without Seller - Closing Costs Financed

TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on  xxxx disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/ xxxx)

Final CD page 3 does not indicate an amount for closing cost financed. To cure, provided corrected PC CD along with LOE to borrower and evidence of deliver.

2

B

B

B

B

B

B

B

B

B

B

CA

Primary

Refinance - Limited Cash-out GSE

Letter of Explanation & Corrected Closing Disclosure

B

B

A

A

B

B

A

A

Temporary SHQM (GSE/Agency Eligible)

Temporary SHQM (GSE/Agency Eligible)

No

[redacted]

[redacted]

[redacted]

[redacted]

51820863

XXXX

Compliance

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Total Property Costs Year 1

TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of $ XXXXX on Final Closing Disclosure provided on  XXXXX not accurate.  XXXXX

Missing verification of actual monthly HOA amount.  Based on mortgage statement, the difference between amounts (currently) is $.11.  Recalculations will be performed once HOA is verified.

Reviewer Comment (2018-10-24): XXXXX

 

 

Reviewer Comment (2018-10-22): XXXXX

 

 

Reviewer Comment (2018-10-18): XXXXX

 

 

Reviewer Comment (2018-10-16): XXXXX

 

 

Seller Comment (2018-10-16): XXXXX

 

 

Reviewer Comment (2018-10-10): XXXXX

 

 

Seller Comment (2018-10-10): XXXXX

 

10/24/2018

2

C

B

C

B

C

B

C

B

C

B

WA

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

C

B

C

A

C

B

C

A

Safe Harbor QM

Safe Harbor QM

No

[redacted]

[redacted]

[redacted]

[redacted]

51820863

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Second Valuation was not provided.

Reviewer Comment (2018-10-11): XXXXX

 

10/11/2018

1

C

A

C

A

C

A

C

A

C

A

WA

Primary

Refinance - Cash-out - Other

C

B

C

A

C

B

C

A

Safe Harbor QM

Safe Harbor QM

No

[redacted]

[redacted]

[redacted]

[redacted]

51820863

XXXX

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

HOA Error: HOA dues not provided.

Received carbon copy of check made out to HOA for $ XXXXX.  Unable to determine if payments are monthly or yearly.  Lender used yearly on 1003.

Reviewer Comment (2018-10-16): XXXXX

 

 

Seller Comment (2018-10-13): XXXXX

 

10/16/2018

1

C

A

C

A

C

A

C

A

C

A

WA

Primary

Refinance - Cash-out - Other

C

B

C

A

C

B

C

A

Safe Harbor QM

Safe Harbor QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52804274

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

1 origination valuation in file.

Reviewer Comment (2018-10-11): XXXXX

 

10/11/2018

1

C

A

C

A

C

A

C

A

C

A

IL

Primary

Refinance - Cash-out - Other

C

A

C

A

A

A

C

A

Safe Harbor QM

Safe Harbor QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52804274

XXXX

Credit

Insurance

Insurance Analysis

Insurance

Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.

Hazard Dec page does not list ISAOA

Reviewer Comment (2018-10-08): XXXXX

 

 

Seller Comment (2018-10-02): XXXXX

 

10/08/2018

1

C

A

C

A

C

A

C

A

C

A

IL

Primary

Refinance - Cash-out - Other

C

A

C

A

A

A

C

A

Safe Harbor QM

Safe Harbor QM

No

[redacted]

[redacted]

[redacted]

[redacted]

55626888

XXXX

Compliance

Compliance

Federal Compliance

TRID Defect

TRID Initial Closing Disclosure Timing without Waiver

TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/XX/XX/XX)

CD not provided 3 business days prior to closing.

Reviewer Comment (2018-10-04): XXXXX

 

 

Seller Comment (2018-10-02): XXXXX

 

10/04/2018

1

C

A

C

A

C

A

C

A

C

A

CA

Primary

Refinance - Cash-out - Other

No Defined Cure

C

A

A

A

C

A

C

A

Safe Harbor QM

Safe Harbor QM

No

[redacted]

[redacted]

[redacted]

[redacted]

55626888

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Reviewer Comment (2018-10-11): XXXXX

 

10/11/2018

1

C

A

C

A

C

A

C

A

C

A

CA

Primary

Refinance - Cash-out - Other

C

A

A

A

C

A

C

A

Safe Harbor QM

Safe Harbor QM

No

[redacted]

[redacted]

[redacted]

[redacted]

52037107

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Reviewer Comment (2018-10-11): XXXXX

 

10/11/2018

1

C

A

C

A

C

A

C

A

C

A

CA

Primary

Refinance - Cash-out - Other

C

A

A

A

A

A

C

A

Safe Harbor QM

Safe Harbor QM

No

[redacted]

[redacted]

[redacted]

[redacted]

58226686

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Reviewer Comment (2018-10-11): XXXXX

 

10/11/2018

1

C

A

C

A

C

A

C

A

C

A

CA

Primary

Refinance - Cash-out - Other

C

A

A

A

A

A

C

A

Safe Harbor QM

Safe Harbor QM

No

[redacted]

[redacted]

[redacted]

[redacted]

50865672

XXXX

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

(XXXXX) ___

VVOE was not provided.

Reviewer Comment (2018-10-04): XXXXX

 

 

Seller Comment (2018-10-02): XXXXX

 

10/04/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Other

C

B

C

A

B

B

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

50865672

XXXX

Compliance

Compliance

Federal Compliance

Missing Disclosure

Notice of Special Flood Hazard Disclosure Not Provided Timely

FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.

There is no evidence the Notice of Special Flood Hazard was provided prior to XX/XX/XX.

Reviewer Comment (2018-10-08): XXXXX

 

10/08/2018

2

B

B

B

B

B

B

B

B

B

B

FL

Primary

Refinance - Cash-out - Other

C

B

C

A

B

B

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

50865672

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Reviewer Comment (2018-10-11): XXXXX

 

10/11/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Other

C

B

C

A

B

B

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

50865672

XXXX

Credit

1003

Document Error

1003

Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided.

(XXXXX)

Missing copy of borrower's permanent resident alien card.

Reviewer Comment (2018-10-04): XXXXX

 

 

Seller Comment (2018-10-02): XXXXX

 

10/04/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Other

C

B

C

A

B

B

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

55962794

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

The loan file only had one valuation product.

Reviewer Comment (2018-10-11): XXXXX

 

10/11/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Other

C

A

A

A

A

A

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

53594811

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Reviewer Comment (2018-10-11): XXXXX

 

10/11/2018

1

C

A

C

A

C

A

C

A

C

A

GA

Primary

Refinance - Cash-out - Other

C

A

A

A

A

A

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

57251155

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Reviewer Comment (2018-10-10): XXXXX

 

10/10/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Debt Consolidation

C

B

C

A

C

B

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

57251155

XXXX

Compliance

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Total Property Costs Year 1

TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of XXXXon Final Closing Disclosure provided on (XXXXX) not accurate. (Final/(XXXXX))

Total property costs of $XXX does not match calculation of $XXX. Monthly HOA is $XXX verified with BPO. Monthly P&I of $XXX plus HOA of $XXX = $XXX*12 = $XXX.

Reviewer Comment (2018-10-08): XXXXX

 

 

Reviewer Comment (2018-10-05): XXXXX

 

10/08/2018

2

C

B

C

B

C

B

C

B

C

B

FL

Primary

Refinance - Cash-out - Debt Consolidation

Letter of Explanation & Corrected Closing Disclosure

C

B

C

A

C

B

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

57251155

XXXX

Credit

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

AUS Findings: All conditions were not met

Asset verification not met. Letter of explanation for cash to close in the form of gift funds from spouse. Bank statements in file for (XXXXX) are in the name of the spouse only. No verification provided that borrower has access to these funds. No evidence of transfer of gift funds.

Reviewer Comment (2018-10-09): XXXXX

 

 

Seller Comment (2018-10-09): XXXXX

 

10/09/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Primary

Refinance - Cash-out - Debt Consolidation

C

B

C

A

C

B

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

57147067

XXXX

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

HOA Error: HOA dues not provided.

Missing verification of HOA dues.

Reviewer Comment (2018-10-08): XXXXX

 

 

Seller Comment (2018-10-02): XXXXX

 

10/08/2018

1

C

A

C

A

C

A

C

A

C

A

KS

Primary

Refinance - Cash-out - Debt Consolidation

C

A

C

A

A

A

A

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

53739964

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Reviewer Comment (2018-10-11): XXXXX

 

10/11/2018

1

C

A

C

A

C

A

C

A

C

A

AR

Primary

Refinance - Cash-out - Debt Consolidation

C

A

C

A

A

A

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

53739964

XXXX

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

HOA Error: HOA dues not provided.

Missing verification of HOA Dues.

Reviewer Comment (2018-10-08): XXXXX

 

 

Seller Comment (2018-10-02): XXXXX

 

10/08/2018

1

C

A

C

A

C

A

C

A

C

A

AR

Primary

Refinance - Cash-out - Debt Consolidation

C

A

C

A

A

A

C

A

Higher Priced QM

Higher Priced QM

No

[redacted]

[redacted]

[redacted]

[redacted]

55039045

XXXX

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

Missing Document: Operating Agreement not provided

Missing Documentation that borrower is 100% owner.

Reviewer Comment (2018-08-07): XXXXX

 

08/07/2018

1

C

A

C

A

C

A

C

A

C

A

FL

Investment

Refinance - Cash-out - Other

C

A

C

A

A

A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

50473584

XXXX

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date.

Disaster Name: ___

Disaster Declaration Date: ___

Reviewer Comment (2018-10-19): XXXXX

 

10/19/2018

1

B

A

B

A

B

A

B

A

B

A

CA

Investment

Refinance - Cash-out - Other

D

A

D

A

A

A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

50473584

XXXX

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

Missing Document: Guarantor Agreement not provided

Reviewer Comment (2018-08-29): XXXXX

 

08/29/2018

1

D

A

D

A

D

A

D

A

D

A

CA

Investment

Refinance - Cash-out - Other

D

A

D

A

A

A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

50473584

XXXX

Property

Property - Appraisal

Appraisal Reconciliation

Property - Appraisal

Missing secondary valuation product required for securitization.

Reviewer Comment (2018-10-08): XXXXX

 

10/08/2018

1

A

A

A

A

A

CA

Investment

Refinance - Cash-out - Other

D

A

D

A

A

A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

50042107

XXXX

Compliance

Compliance

Federal Compliance

ECOA

ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation

ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.

2

B

B

B

B

B

IL

Investment

Refinance - Cash-out - Other

A

D

A

C

D

A

A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

50042107

XXXX

Compliance

Compliance

Federal Compliance

Missing, Incorrect, or Incomplete HUD-1

Missing Final HUD-1:  Stamped Title Company Closing Statement Used For Fee Testing

Missing Final HUD-1: Stamped Title Company Closing Statement used for any applicable Federal, State or Local compliance testing.

3

D

D

D

D

D

IL

Investment

Refinance - Cash-out - Other

A

D

A

C

D

A

A

N/A

No

[redacted]

[redacted]

[redacted]

[redacted]

50042107

XXXX

Compliance

Compliance

State Compliance

State Late Charge

Illinois Late Charge Grace Period Testing

XXXXX Late Charge: Note grace period of 5 days is less than the state minimum of 10 days.

2

B

B