Client Name:

XXX

Client Project Name:

XXX

Start - End Dates:

XXX

Deal Loan Count:

XXX

Waived Conditions Summary

Review Scope

Category

Code

Description

Count

Credit

Terms/Guidelines

XXX

Loan documents do not meet guideline requirements

XXX

Credit

Terms/Guidelines

XXX

Loan documents do not meet guideline requirements

XXX

Credit

Terms/Guidelines

XXX

Property issues indicated

XXX

Credit

Credit/Mtg History

XXX

Missing support docs for VOM/VOR (e.g. cancelled checks)

XXX

Credit

Credit/Mtg History

XXX

Credit report date greater than transaction date

XXX

Credit

DTI

XXX

Debt Ratio Exception XXX% or Less

XXX

Credit

DTI

XXX

Missing verification of some or all components of non-subject PITI

XXX

Credit

LTV/CLTV

XXX

LTV Exception XXX% or Less

XXX

Credit

LTV/CLTV

XXX

LTV Exceeds Guideline Requirement by less than XXX%

XXX

Credit

LTV/CLTV

XXX

LTV Exceeds Guideline Requirement by at least XXX%, but less than XXX%

XXX

Credit

Income/Employment

XXX

Income docs do not meet guidelines

XXX

Credit

Income/Employment

XXX

Income verification does not meet guidelines

XXX

Credit

Income/Employment

XXX

Missing Profit and Loss statement for XXX or more XXX

XXX

Credit

Income/Employment

XXX

Income Amount is  Unsupported by Documentation in File

XXX

Credit

Application

XXX

Undisclosed XXX

XXX

Credit

Assets

XXX

Insufficient # of months cash reserves for PITI per guideline requirements

XXX

Property Valuations

Property

XXX

Property Issues Indicated

XXX

Property Valuations

Property

XXX

Property Issues Indicated XXX

XXX

Total

XXX

 

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