Client Name:
 
Redwood Trust
     
Client Project Name:
SEMT 2026-HYB1
     
             
Deal Loan Count:
 
260
       
             
             
Conditions Report 2.0
         
             
Loans in Report:
 
260
       
Loans with Conditions:
196
       
             
1 - Total Active Conditions
       
 
1 - Non-Material Conditions
     
     
1 - Credit Review Scope
   
       
1 - Category: DTI
   
313 - Total Satisfied Conditions
         
             
     
71 - Credit Review Scope
   
       
2 - Category: Ability to Repay/Qualified Mortgage
   
       
1 - Category: Application
   
       
6 - Category: Assets
   
       
8 - Category: Credit/Mtg History
   
       
10 - Category: DTI
   
       
18 - Category: Income/Employment
   
       
8 - Category: Insurance
   
       
6 - Category: Legal Documents
   
       
11 - Category: Terms/Guidelines
   
       
1 - Category: Title
   
     
48 - Property Valuations Review Scope
   
       
33 - Category: Appraisal
   
       
10 - Category: FEMA
   
       
2 - Category: Property
   
       
3 - Category: Value
   
     
194 - Compliance Review Scope
   
       
11 - Category: Ability to Repay/Qualified Mortgage
   
       
12 - Category: Compliance Manual
   
       
9 - Category: Documentation
   
       
19 - Category: Federal Consumer Protection
   
       
4 - Category: Finance Charge Tolerance
   
       
10 - Category: RESPA
   
       
1 - Category: Right of Rescission
   
       
1 - Category: State Consumer Protection
   
       
2 - Category: Texas Home Equity
   
       
125 - Category: TILA/RESPA Integrated Disclosure
   
90 - Total Waived Conditions
         
             
     
54 - Credit Review Scope
   
       
7 - Category: Assets
   
       
9 - Category: Credit/Mtg History
   
       
4 - Category: DTI
   
       
9 - Category: Income/Employment
   
       
4 - Category: Insurance
   
       
1 - Category: Legal Documents
   
       
2 - Category: LTV/CLTV
   
       
18 - Category: Terms/Guidelines
   
     
16 - Property Valuations Review Scope
   
       
9 - Category: Appraisal
   
       
5 - Category: FEMA
   
       
2 - Category: Property
   
     
20 - Compliance Review Scope
   
       
1 - Category: Ability to Repay/Qualified Mortgage
   
       
1 - Category: Documentation
   
       
8 - Category: Federal Consumer Protection
   
       
10 - Category: Right of Rescission
   
             
 
 
©2026 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited.


Client Name:
Redwood Trust
                                                                     
Client Project Name:
SEMT 2026-HYB1 
                                                                     
Deal Loan Count:
260
                                                                     
                                                                         
                                                                         
Conditions Report 2.0
                                                                     
                                                                         
Loans in Report:
260
                                                                     
Loans with Conditions:   
196
                                                                     
                                                                         
Loan Number
Original Principal Balance
State
Initial Lender ATR/QM Status
Loan Level ATR/QM Status
Initial Securitization Overall Loan Grade
Final Securitization Overall Loan Grade
Initial Securitization Credit Loan Grade
Final Securitization Credit Loan Grade
Initial Securitization Property Valuations Loan Grade
Final Securitization Property Valuations Loan Grade
Initial Securitization Compliance Loan Grade
Final Securitization Compliance Loan Grade
Initial S&P Overall Loan Grade
Final S&P Overall Loan Grade
Initial S&P Credit Loan Grade
Final S&P Credit Loan Grade
Initial S&P Property Valuations Loan Grade
Final S&P Property Valuations Loan Grade
Initial S&P Compliance Loan Grade
Final S&P Compliance Loan Grade
Condition Category
Condition Sub Category
Condition Status
Initial Securitization Condition Grade
Final Securitization Condition Grade
Initial S&P Condition Grade
Final S&P Condition Grade
Condition Code
Condition Description
Condition Material Indicator
Initial Comments
Client/Seller Response Comments
Conclusion Comments
TRID Error Type
Cure Method
Compensating Factors
409022016
XXXXXX
OR
ATR/QM: Not Applicable
QM: Safe Harbor (APOR)
D
B
D
B
D
B
C
A
D
B
D
B
D
B
C
A
Compliance
Ability to Repay/Qualified Mortgage
Satisfied
C
A
C
A
CMPATRQM2900
TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination.
No
Missing lender's ATR/QM status determination.
9/29 Client accepted DD determination of SH APOR
Satisfied
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX%.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX mo. 0x30 mortgage payment history; 0x30x24 required.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; $XXX * XXX+ REOs $XXX * XXX = $XXX reserves required.
 
409022016
XXXXXX
OR
ATR/QM: Not Applicable
QM: Safe Harbor (APOR)
D
B
D
B
D
B
C
A
D
B
D
B
D
B
C
A
Credit
Income/Employment
Waived
D
B
D
B
CRDINC2408
Income verification does not meet guidelines
No
1. Missing most recent unfiled personal tax return on extension to validate B2's Sched C income. 2. Missing B2 signed/dated personal tax returns or tax transcripts in lieu of B2 signature; tax returns provided were not signed by borrower. 3. Missing lender's Fannie Mae Form 1084, Freddie Mac Form 91 or equivalent for B2, required for self-employment income analysis.
9/29 Client asked for clarification; Upon review Of item #1 2022 taxes on extension, Provide 2022 YTD and 2023 YTD through 3/31 P&L for schedule C income2. Missing B2 signed/dated personal tax returns or tax transcripts in lieu of B2 signature; tax returns provided were not signed by borrower. 3. Missing lender's Fannie Mae Form 1084, Freddie Mac Form 91 or equivalent for B2, required for XXX income analysis.10.5.2025 Client provided Lender rebuttal stating: Sellers rebuttal: Document Uploaded. 1. The application date was XXX (prior to the filing of the 2022 tax returns.) Loan was resubmitted on XXX (after the tax deadline of XXX.). We do have copies of the extensions for 2022 in the file. Per our All-In-One product guidelines, a P&L is optional, and one was not required or provided. The schedule C income for B2 is on an upward trend ($XXX in 2021 versus $XXX in 2020). 2. Agree with finding - 1040s were not sent to closing to be signed. 3. We could not locate the complete XXX workbook in the file, but the income from B2's schedule C is very easy to calculate: 2021 schedule C Line 31 (net profit ) $XXX minus line 24b (meals) = $XXX. 2020 schedule C Line 31 (net profit) $XXX (no other additions or subtractions). $XXX plus $XXX = $XXX / XXX = $XXX/mo (this is the income that was used to qualify).  Condition remains 10.5.2025 Client provided exception approval for B2 Schedule C (a). missing Lender income calculation for B2 Schedule C income however provided manual XXX months calculation of the monthly income used for B2 Schedule C and exception (b). provided for missing signature (signed dated) 2021/2020 1040 tax returns for B2 (Schedule C) and exception (c). provided for file having copy of 2022 1040 extension however missing end of year 2022 Profit/Loss and YTD 2023 P/L through March 2023 for B2 Schedule C.
Upon further review by Senior Underwriter, exception is deemed non-material. Exception approved, B Grade with compensating factors: Fico score XXX and verified reserves of XXX months and XXX Borrowers on file with two borrowers having over XXX years in profession
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX%.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX mo. 0x30 mortgage payment history; 0x30x24 required.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; $XXX * XXX+ REOs $XXX * XXX = $XXX reserves required.
 
409022016
XXXXXX
OR
ATR/QM: Not Applicable
QM: Safe Harbor (APOR)
D
B
D
B
D
B
C
A
D
B
D
B
D
B
C
A
Property Valuations
Appraisal
Waived
D
B
D
B
PRVAAPPR275
Completed "Subject To" w/o Completion Cert in File
No
1004D reflects Not Complete citing "some decking and railing, some light fixtures, the storage shed and touch-up paint. Materials were noted on site and the builder anticipates work to be complete by end of day. The incomplete items would likely not detract from market value due to the short timeline for completion." Review notes photos show materials on site, unfinished decking, lack of completed railing on deck and stairs from deck to ground not complete posing potential safety and functionality issues. Certificate of Occupancy with final inspection on XXX provided with statement of 'approved for occupancy', however no photos provided showing work complete.
10.5.2025 Client provided exception approval for subject appraisal was completed subject to completion and a copy of 1004D provided in file reflecting items yet to be completed include some decking and railing, some light fixtures, the storage shed and touch-up paint with file having a Certificate of Occupancy
Upon further review by Senior Underwriter, exception is deemed non-material. Exception approved, B Grade with compensating factors: Fico score XXX and verified reserves of XXX months and XXX Borrowers on file with two borrowers having over XXX years in profession
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX%.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX mo. 0x30 mortgage payment history; 0x30x24 required.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; $XXX * XXX+ REOs $XXX * XXX = $XXX reserves required.
 
409022016
XXXXXX
OR
ATR/QM: Not Applicable
QM: Safe Harbor (APOR)
D
B
D
B
D
B
C
A
D
B
D
B
D
B
C
A
Property Valuations
Appraisal
Waived
D
B
D
B
PRVAAPPR3116
Missing updated valuation
No
Missing Collateral Desktop Analysis (CDA) ordered from XXX, or a Consolidated Collateral Analysis (CCA) ordered from XXX is required to support the $XXX appraisal value due to CU Score 5.
10/1 Client provided an approved exception to allow the file with an AVM spreadsheet from XXX supporting the appraised value
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; Low LTV, Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX%.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX mo. 0x30 mortgage payment history; 0x30x24 required.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; $XXX * XXX+ REOs $XXX * XXX = $XXX reserves required.
 
409022020
XXXXXX
WA
Non-QM: Lender documented all ATR UW factors
QM: Safe Harbor (APOR)
D
B
A
A
D
B
A
A
D
B
A
A
D
B
A
A
Property Valuations
Appraisal
Waived
D
B
D
B
PRVAAPPR3116
Missing updated valuation
No
Missing updated valuation to support appraisal value of $XXX. CU score is 3.
10/1 Client provided a XXX spreadsheet supporting the apprised value and an approved exception to allow the file with the AVM spreadsheet in lieu of full AVM
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score; XXX required.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  XXX years, XXX months at current job.
 
409022021
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
C
A
D
A
A
A
D
A
C
A
Compliance
Ability to Repay/Qualified Mortgage
Satisfied
C
A
C
A
CMPATRQM2900
TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination.
No
Clayton determination is NON QM per NOTE Loan term is XXX months exceeding XXX. XXX in file reflects SH
10/2 Client asked for a review, on review the file is Construction to perm with rollover clause to perm XXX
Satisfied
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI Actual / XXX max DTI XXX%
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Months PITI Reserves (Qual Rate)XXXCash Reserves$XXX
 
409022021
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
C
A
D
A
A
A
D
A
C
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Provide a CDA to support the appraised value
10/03/2025 client uploaded CDA which supported value.
Condition satisfied.
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI Actual / XXX max DTI XXX%
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Months PITI Reserves (Qual Rate)XXXCash Reserves$XXX
 
409022029
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
A
A
D
B
D
B
D
B
A
A
D
B
Compliance
Ability to Repay/Qualified Mortgage
Satisfied
D
A
D
A
CMPATRQM3220
TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.
No
Missing proof of subject tax expense to support $XXX per month used to qualify.
10/9 Client provided an approved exception to allow the file using Lender Gls of XXX% of the appraised value for tax calculation
Satisfied
(No Data)
Not Applicable
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrowers have low use of consumer credit, credit line usage XXX%.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have XXX years at current residence.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  B1 has XXX years XXX months in same line of work.  B2 has XXX years in same line of work.
 
409022029
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
A
A
D
B
D
B
D
B
A
A
D
B
Compliance
Federal Consumer Protection
Waived
B
B
B
B
CMPFDCP849
TILA - Required ARM Loan Program Disclosure missing
No
TILA - Required ARM Loan Program Disclosure missing
10/06/25 Client provided an approved exception for the missing ARM Loan Program Disclosure.
Initial and Final Grade B.
(No Data)
Not Applicable
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrowers have low use of consumer credit, credit line usage XXX%.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have XXX years at current residence.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  B1 has XXX years XXX months in same line of work.  B2 has XXX years in same line of work.
 
409022029
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
A
A
D
B
D
B
D
B
A
A
D
B
Credit
Assets
Waived
C
B
C
B
CRDAST3078
Insufficient # of months cash reserves for PITI per guideline requirements
No
Loan short reserves $XXX.  Borrowers have $XXX in reserves. Required reserves are XXX  month's x $XXX = $XXX and XXX  months for investment x $XXX - $XXX and XXX months for additional investment x $XXX  = $XXX.  Total required reserves are $XXX.  Required reserves not met. Loan file is documented with business assets XXX Bank XXX . LLC reflected on statement is not documented as owned by the borrowers.  Additional business account with XXX XXX is not an eligible business account as guidelines require borrow to have XXX% or greater ownership.  B1 has XXX% ownership.
10.6.2025 Client provided exception approval for short reserves $XXX
Upon further review by Senior Underwriter, exception is deemed non-material. Exception is approved B Grade with compensating factors: Borrower at current residence XXX years and B2 same profession XXX years with fico score XXX
(No Data)
Not Applicable
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrowers have low use of consumer credit, credit line usage XXX%.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have XXX years at current residence.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  B1 has XXX years XXX months in same line of work.  B2 has XXX years in same line of work.
 
409022029
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
A
A
D
B
D
B
D
B
A
A
D
B
Credit
Assets
Waived
D
B
D
B
CRDAST2670
Asset documentation is insufficient per guideline requirements
No
Missing third consecutive bank statement for XXX Bank XXX . Three months business bank statements in file however only statements with end dates XXX and XXX located in file.  Additionally, cash flow analysis to determine no negative impact to business and proof of XXX% or greater ownership of the company required.  If borrower is not XXX% owner of business the other owners of the business must provide an access letter to the business funds.   Any large deposits must be explained and documented.
10.6.2025 Client provided exception approval for (a) missing 3rd consecutive bank statement for XXX Bank #XXX along with (b) missing business asset cash flow analysis to determine no negative impact to business and with having XXX% ownership (c)  missing the other owners access letter to the use of business funds.
Upon further review by Senior Underwriter, exception is deemed non-material. Exception is approved B Grade with compensating factors: Borrower at current residence XXX years and B2 same profession XXX years with fico score XXX
(No Data)
Not Applicable
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrowers have low use of consumer credit, credit line usage XXX%.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have XXX years at current residence.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  B1 has XXX years XXX months in same line of work.  B2 has XXX years in same line of work.
 
409022029
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
A
A
D
B
D
B
D
B
A
A
D
B
Credit
Credit/Mtg History
Waived
C
B
C
B
CRDCRMH1805
Debts/obligations not disclosed/accounted for at origination
No
Missing proof of subject tax expense to support $XXX per month used to qualify.
10/9 Client provided an approved exception to allow the file using Lender Gls of XXX% of the appraised value for tax calculation
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrowers have low use of consumer credit, credit line usage XXX%.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have XXX years at current residence.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  B1 has XXX years XXX months in same line of work.  B2 has XXX years in same line of work.
 
409022040
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
B
D
A
A
A
D
B
C
B
D
A
A
A
Credit
Ability to Repay/Qualified Mortgage
Satisfied
C
A
C
A
CRDATRQM3124
TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination.
No
Missing XXX
10.5.2025 Client provided Lender XXX w/QM Safe Harbor status
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX Years at Current Residence
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
409022040
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
B
D
A
A
A
D
B
C
B
D
A
A
A
Credit
Terms/Guidelines
Waived
C
B
C
B
CRDTER3122
Loan documents do not meet guideline requirements
No
Missing FNMA 1007, or Lease to support Gross Rental income of $ XXX / Month as reflected on HUD for REO XXX
10.5.2025 Client provided Lender guidelines however per Sequoia guidelines, Follow FNMA guidelines requirements.  Initial condition remains 10/7 Client provided an approved exception to allow the file using Lender GLs allowing for XXX rent search to offset PITI
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX Years at Current Residence
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
409022040
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
B
D
A
A
A
D
B
C
B
D
A
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing updated valuation to support $ XXX Appraised Value
10.5.2025 Client provided 3rd party CDA valuation supporting appraised value with XXX% variance
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX Years at Current Residence
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
409022041
XXXXXX
OR
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
C
A
A
A
A
A
C
A
C
A
A
A
A
A
Credit
Ability to Repay/Qualified Mortgage
Satisfied
C
A
C
A
CRDATRQM3124
TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination.
No
Missing XXX or provide lender's QM status
10/2 client accepts determination of SH APOR
Satisfied
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX Years at Current Residence
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX months of PITIAGuidelines require 9 months or $ XXX  X XXX = $ XXX+ XXX Months for Additional REO or $ XXX X XXX = $ XXX
 
409022053
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Co-Borrower has XXX years significant time at current job
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have been at current residence for  XXX years.
 
409022288
XXXXXX
AZ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Compliance
RESPA
Satisfied
B
A
B
A
CMPRESPA2698
RESPA - List of homeowners counseling organizations not in file
No
Missing List of homeowners counseling organizations
11/21/25 Client provided the HC List.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX for unlimited cashout
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX % LTV is below guidelines maximum of XXX% for unlimited cash-out.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying DTI of XXX% is below guideline maximum of XXX%
 
409022288
XXXXXX
AZ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID5806
TRID - At least 1 CD prior to the last CD at or prior to closing was not provided to all with rescission rights.
No
Missing Initial CD XXX issued and acknowledged by non-borrowing titleholder a minimum of 3 days prior to closing date. If disclosure was emailed, a prior e-consent is also required.
11/21/25 Client provided the XXX Initial CD hand signed by borrower and non-borrower on XXX.
Condition Satisfied.
Not Applicable
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX for unlimited cashout
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX % LTV is below guidelines maximum of XXX% for unlimited cash-out.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying DTI of XXX% is below guideline maximum of XXX%
 
409023727
XXXXXX
TX
QM: Rebuttable Presumption (APOR)
QM: Rebuttable Presumption (APOR)
D
B
A
A
D
A
B
B
D
B
A
A
D
A
B
B
Compliance
Right of Rescission
Waived
B
B
B
B
CMPROR1909
Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor
No
Per title commitment in file, loan originated with same lender. Incorrect ROR H-8 Form Used in Refinance with Original Creditor
9/24/2025 Client provided an exception approval for using incorrect ROR form
9/24/2025 Initial and final grade 2/B
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves$XXX or XXX months PITI Qualifying Rate.  xxx months required
 
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has 0x30 on current and previous mortgages
 
409023727
XXXXXX
TX
QM: Rebuttable Presumption (APOR)
QM: Rebuttable Presumption (APOR)
D
B
A
A
D
A
B
B
D
B
A
A
D
A
B
B
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
CU Score 3.8. Missing updated valuation.
10/9 Client provided a CDA supporting the appraised value with a XXX% variance
Satisfied
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves$XXX or XXX months PITI Qualifying Rate.  xxx months required
 
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has 0x30 on current and previous mortgages
 
409024237
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
Compliance Manual
Satisfied
D
A
D
A
CMPMAN2956
Missing disclosure
No
Missing revised LE sent XXX per documentation in the file. Completed LE required for further testing. Additional conditions may apply.
12/02/25 Client provided the missing XXX Revised LE.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has been in the same residence for XXX years.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; max XXX%.
 
409024237
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees were able to be sourced from the sellers CD document. Consistent with the XXX, we are satisfying to 1/A.
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has been in the same residence for XXX years.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; max XXX%.
 
409024237
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3618
TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing
No
Unable to test a loan product due to missing initial CD
12/02/25 Client provided the missing XXX Initial CD.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has been in the same residence for XXX years.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; max XXX%.
 
409024237
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3626
TRID - CD: Loan consummated before end of waiting period
No
CD XXX is the only CD in file. Missing initial CD acknowledged by borrower min 3 days prior to closing date.
12/02/25 Client provided the missing XXX Initial CD.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has been in the same residence for XXX years.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; max XXX%.
 
409024237
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
Transfer taxes increased by $XXX on CD XXX without a valid change of circumstance. Condition is pending receiving PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.
12/02/25 Client provided the missing XXX Revised LE and XXX Initial CD. Increase on XXX validated by COC.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has been in the same residence for XXX years.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; max XXX%.
 
409024436
XXXXXX
OK
QM: Safe Harbor
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
Documentation
Satisfied
C
A
C
A
CMPDOC3076
Legal document was not executed or is incomplete
No
Appraisal Report indicates PUD vs. MTG does not.
11/10/2025 Client provided the Letter of intent to re-record Mortgage with PUD Rider included.  Condition remains.  Provide a copy of the corrected Mortgage and PUD Rider for the file. 12/18/2025 Client provided the fully execute Mortgage with complete Riders.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX months of PITIAGuidelines require XXX months or $ XXX X XXX = $ XXX
 
409024436
XXXXXX
OK
QM: Safe Harbor
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
Federal Consumer Protection
Waived
B
B
B
B
CMPFDCP847
TILA - ARM Loan Program Disclosure after 3 days from application
No
Enclosed ARM Disclosure e-signed on XXX - does not indicate its own issued date; lender's app date is XXX; ARM disclosure w/ issued/confirmed receipt date w/i 3 business days of the app date missing.
11/10/2025 Client provided the list of documents provided on XXX including the Charm Booklet however does not show the ARM Disclosure itself.  Condition remains.  Provide the ARM Loan Program Disclosure provided to Borrower. 11/18/25 Client provided an approved exception for the missing ARM Loan Program Disclosure.
Initial and Final Grade B.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX months of PITIAGuidelines require XXX months or $ XXX X XXX = $ XXX
 
409024436
XXXXXX
OK
QM: Safe Harbor
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller-paid fees that should be disclosed in Sections C & H are not disclosed on Final CD XXX; Seller's CD in file & able to test; Condition Satisfied.
(No Data)
Condition Satisfied.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX months of PITIAGuidelines require XXX months or $ XXX X XXX = $ XXX
 
409024602
XXXXXX
IN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
D
B
D
B
D
A
A
A
D
B
Compliance
Ability to Repay/Qualified Mortgage
Satisfied
D
A
D
A
CMPATRQM3220
TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.
No
Missing complete 2024 and 2023 1120S Corp tax returns for XXX
10.7.2025 Client provided full completed signed copy of 2024/2023 1120S for XXX. and depreciation can be added with receipt of all pages (appears 1st pages was not in file), updated DTI XXX%, this is B1 XXX% XXX
Condition satisfied
(No Data)
Not Applicable
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX months with 0x30 Mortgage payment history exceeds guidelines of XXX months.
 
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrowers are conservative credit users; minimal outstanding debt.
 
409024602
XXXXXX
IN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
D
B
D
B
D
A
A
A
D
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per Clayton Compliance department and TRID 2.0 revisions.  Exception satisfied. Final Grade A
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX months with 0x30 Mortgage payment history exceeds guidelines of XXX months.
 
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrowers are conservative credit users; minimal outstanding debt.
 
409024602
XXXXXX
IN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
D
B
D
B
D
A
A
A
D
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
Zero percent tolerance of $XXX due to increase in Appraisal fee from $XXX to $XXX on LE XXX with no COC in file. Condition is pending receiving PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.
10/10/25 Client provided a copy of the $XXX refund check. Condition remains. Provide the missing LOE to borrower, PCCD with cure and proof of delivery that includes tracking information.10/17/25 Client provided a copy of a new $XXX refund check. Condition remains. Provide the missing LOE to borrower, PCCD and proof of delivery that includes tracking information.10/21/25 Client provided a XXX PCCD, LOE, refund check and proof of delivery.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX months with 0x30 Mortgage payment history exceeds guidelines of XXX months.
 
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrowers are conservative credit users; minimal outstanding debt.
 
409024602
XXXXXX
IN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
D
B
D
B
D
A
A
A
D
B
Credit
DTI
Satisfied
D
A
D
A
CRDDTI2540
Missing verification of some or all components of non-subject PITI
No
Missing verification of PITI for property purchased XXX XXX
10.7.2025 Client provided copy of Mutual Release from purchase agreement with our borrower as Buyer however still missing verification of PITIA for this property.  Condition remains 10/21 Client asked for a review On review the PITI is not required as the purchase was canceled per the mutual release
Satisfied
(No Data)
Not Applicable
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX months with 0x30 Mortgage payment history exceeds guidelines of XXX months.
 
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrowers are conservative credit users; minimal outstanding debt.
 
409024602
XXXXXX
IN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
D
B
D
B
D
A
A
A
D
B
Credit
Income/Employment
Satisfied
D
A
D
A
CRDINC3204
Income Documentation Missing
No
Missing complete 2024 and 2023 1120S Corp tax returns for XXX
10.7.2025 Client provided full completed signed copy of 2024/2023 1120S for XXX. and depreciation can be added with receipt of all pages (appears 1st pages was not in file), updated DTI XXX%, this is B1 XXX% XXX
Condition satisfied
(No Data)
Not Applicable
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX months with 0x30 Mortgage payment history exceeds guidelines of XXX months.
 
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrowers are conservative credit users; minimal outstanding debt.
 
409025430
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3938
TRID - CD: The max payment as stated in the CD Loan Terms section does not match the highest possible payment noted within the CD Projected Payments section and/or, if applicable, the AP Table
No
Final CD XXX s - Field: PI Can go as high as, Value: XXX but Projected Payments indicates Highest Maximum Payment as $XXX. Condition is pending receiving corrected PCD with consistent Max. Highest payment and LOE to borrower.
11/20/25 Client provided an XXX PCCD correcting the Projected Payments to match the Loan Terms section. Condition remains for the LOE to borrower.11/21/2025 Client provided the LOE to Borrower for changes.
Condition Satisfied.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX Months
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXGuidelines require XXX months or $ XXX X XXX = $ XXX+ XXX Months for Additional REO or $ XXX X XXX = $ XXX
 
409025472
XXXXXX
OR
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
B
D
B
A
A
D
B
C
B
D
B
A
A
Credit
Income/Employment
Waived
B
B
B
B
CRDINC3204
Income Documentation Missing
No
Missing XXX Worksheet
11/20/25 Client provided approved exception for missing XXX Worksheet
Upon further review by Senior UW exception is deemed non material.  Final Grade B
(No Data)
Not Applicable
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrowers have XXX months of 0x30 on current mortgage
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves$XXX or XXX months PITI (Qual Rate)
 
409025472
XXXXXX
OR
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
B
D
B
A
A
D
B
C
B
D
B
A
A
Credit
Terms/Guidelines
Satisfied
C
A
C
A
CRDTER3122
Loan documents do not meet guideline requirements
No
Paying off 2nd mortgage.  Paying off $XXX on CD.  Credit report shows balance of $XXX.  Provide copy of payoff confirming $XXX
12/2 Client provided the payoff letter
Satisfied
(No Data)
Not Applicable
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrowers have XXX months of 0x30 on current mortgage
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves$XXX or XXX months PITI (Qual Rate)
 
409025472
XXXXXX
OR
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
B
D
B
A
A
D
B
C
B
D
B
A
A
Property Valuations
Appraisal
Waived
D
B
D
B
PRVAAPPR3116
Missing updated valuation
No
Missing CDA
11.24.2025 Client provided 3rd party CDA valuation supporting appraised value with 0.0% variance however CDA have value of $XXX and appraisal have value of $XXX; condition remains for CDA to reflect appraisal value of $XXX; currently showing an appraisal value of $XXX and appraisal in file reflect value of $XXX12/2 Client provided an approved exception to allow the file without the corrected CDA
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrowers have XXX months of 0x30 on current mortgage
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves$XXX or XXX months PITI (Qual Rate)
 
409025997
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
A
A
A
A
B
B
B
B
A
A
A
A
B
B
Compliance
Right of Rescission
Waived
B
B
B
B
CMPROR1909
Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor
No
Regulation Z designates the H9 rescission form as the form designed for same lender refinance transactions; for this loan the lender is using the H8 form.  Regulation Z has language allowing the use of a substantially similar notice.  Claytons view has been that an H8 protects the lender and assignee to at least the same extent as an H9, but Clayton recognized that one could think that the mere existence of the H9 takes away the substantially similar notice argument.  The majority of U.S. Circuit Courts that have opined on the issue have upheld the use of an H8 in a same-lender refinance; therefore, Clayton grades the use of an H8 form in a same-lender refinance as a level B condition.
11/25/25 Client provided an approved auto-exception for the incorrect ROR form type used.
Initial and Final Grade B.
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject; no additional REO.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
409026012
XXXXXX
AZ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
B
B
A
A
B
A
B
B
B
B
A
A
B
A
Compliance
RESPA
Satisfied
B
A
B
A
CMPRESPA863
RESPA: Required Affiliate Business Disclosure missing
No
Missing Affiliate Business Disclosure.
11/21/25 Client provided a signed LOE from Lender stating they have no affiliate businesses.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX months of PITIAGuidelines require XXX months or $ XXX X XXX  = $ XXX+ XXX additional months for XXX($ XXX X XXX = $ XXX)+ XXX Months for Additional REO or $ XXX X XXX = $ XXX
 
409026012
XXXXXX
AZ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
B
B
A
A
B
A
B
B
B
B
A
A
B
A
Credit
Insurance
Waived
B
B
B
B
CRDINSR5351
Insurance Effective date is greater than the transaction date
No
Insurance Effective Date XXX is greater than the transaction date of XXX Per final CD disbursement date is XXX
(No Data)
Final Grade B.
Not Applicable
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX months of PITIAGuidelines require XXX months or $ XXX X XXX  = $ XXX+ XXX additional months for XXX($ XXX X XXX = $ XXX)+ XXX Months for Additional REO or $ XXX X XXX = $ XXX
 
409026066
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
Documentation
Satisfied
D
A
D
A
CMPDOC3268
Note in file is incomplete
No
Missing a copy of executed Addendum to Note in file.
11/17/25 Client provided a duplicate copy of the Note. Condition remains. Per the Note, page 5, "See Inter Vivos Revocable Trust Addendum Attached Hereto". Provide a copy of the fully executed, Missing Inter Vivos Revocable Trust Addendum.11/19/25 Client provided the fully executed Trust Addendum.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 146 points above minimum program requirement of XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; PI FIFA $ XXX + XXX + XXX + XXX = $XXX . x XXX months = $XXX plus  XXX months for REO $XXX =$XXX $XXXreserves required
 
409026066
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP847
TILA - ARM Loan Program Disclosure after 3 days from application
No
Early ARM Disclosure dated XXX in file was not provided to borrower within 3 days of application date of XXX
11/19/25 Client provided the XXX Early ARM Disclosure.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 146 points above minimum program requirement of XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; PI FIFA $ XXX + XXX + XXX + XXX = $XXX . x XXX months = $XXX plus  XXX months for REO $XXX =$XXX $XXXreserves required
 
409026066
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
D
A
D
A
CMPTRID3600
TRID - CD delivered only via e-mail but there is no prior e-sign consent in file; by regulation, CD must be treated as not delivered
No
Initial CD XXX is e-signed by non-borrowing spouse. Missing a prior e-consent.
11/19/25 Client provided a copy of the Disclosure Tracking Summary and Detail pages. Condition remains. The Tracking Detail for the Initial XXX CD does not reflect the accepted e-consent for the non-borrower. Provide the missing e-consent for the non-borrowing spouse.12/02/25 Client provided a screenshot of the E-Consent section confirming the non-borrower's consent on XXX.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 146 points above minimum program requirement of XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; PI FIFA $ XXX + XXX + XXX + XXX = $XXX . x XXX months = $XXX plus  XXX months for REO $XXX =$XXX $XXXreserves required
 
409026125
XXXXXX
NV
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
B
A
A
D
B
A
A
D
B
A
A
Property Valuations
Appraisal
Waived
D
B
D
B
PRVAAPPR3116
Missing updated valuation
No
Missing Updated valuation Missing Collateral Desktop Analysis (CDA) ordered from XXX or a Consolidated Collateral Analysis (CCA) from XXX as required by the guidelines to support appraisal value of $XXX due to CU score of 3.2
11.24.2025 Client provided duplicate (in file) appraisal dated XXX with value of $XXX however initial condition is for missing 3rd party CDA with CU Score of 3.2; Condition remains for 3rd party CDA supporting value. 11.26.2025 Client provided FHLMC LCA Risk Score of 1.0 however file was not reviewed AUS.  Condition remains for 3rd party CDA valuation supporting value. 12/3 Client provided an approved exception to allow the file with an LCA score of 1.0 supporting the appraised value on this manual review
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 120 points above minimum program requirement of XXX
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV/CLTV/HCLTV XXX% is below the guideline maximum of XXX%
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX years in line of work
 
409026162
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
B
B
A
D
B
A
A
D
B
B
A
Compliance
RESPA
Satisfied
B
A
B
A
CMPRESPA863
RESPA: Required Affiliate Business Disclosure missing
No
Missing Affiliate Business Disclosure
11/21/25 Client provided a signed LOE from Lender stating they do not have affiliated business relationships.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score; XXX required.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Verified reserves of $XXX  or XXX months PITI; $XXX or XXX months required.
 
409026162
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
B
B
A
D
B
A
A
D
B
B
A
Property Valuations
Appraisal
Waived
D
B
D
B
PRVAAPPR2300
Missing Second Appraisal required per guidelines
No
Missing Second Appraisal required per guidelines. Missing second full appraisal required for refinance with a loan amount over $XXX. File contains an exception request form to used appraisal from prior transaction with a recent; this exception form is not signed by XXX and no decision is noted
11/12 Client provided an approved exception to allow the file without the second appraisal
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; reserves exceed GLs,  Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score; XXX required.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Verified reserves of $XXX  or XXX months PITI; $XXX or XXX months required.
 
409026178
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV of XXX% is below guideline max LTV of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close reserves verified at $XXX, required reserves are $XXX.
 
409026188
XXXXXX
IL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX Years at Current Residence
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
409026193
XXXXXX
KS
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP849
TILA - Required ARM Loan Program Disclosure missing
No
Early ARM Loan Program Disclosure missing from loan package, please provide.
12/02/2025 Client provided missing ARM Loan Program Disclosure.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score; XXX required.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Verified reserves of $XXX  or XXX months PITI; $XXX or XXX months required.
 
409026202
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
B
A
A
A
C
A
C
A
B
A
A
A
C
A
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP847
TILA - ARM Loan Program Disclosure after 3 days from application
No
12/02/25 Client provided an ARM Loan Program Disclosure dated XXX, however the loan was disclosed as an ARM on the first LE dated XXX. Provide the missing ARM Loan Program Disclosure dated within 3 days of Application.
12/03/25 Client provided the Initial XXX ARM Disclosure.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Fico score XXX exceeds guide lines.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in the same profession for XXX years.
 
409026202
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
B
A
A
A
C
A
C
A
B
A
A
A
C
A
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP849
TILA - Required ARM Loan Program Disclosure missing
No
Required ARM Loan Program Disclosure is missing from document package.
12/02/25 Client provided an ARM Loan Program Disclosure.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Fico score XXX exceeds guide lines.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in the same profession for XXX years.
 
409026202
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
B
A
A
A
C
A
C
A
B
A
A
A
C
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3640
TRID - CD: Zero tolerance fee or fees increased at or prior to closing without a valid reason or the revised LE/CD was not timely disclosed; insufficient credit or refund provided
No
Zero tolerance in the amount of $XXX due to Credit Report fee increased on CD XXX without a COC in file. A lender tolerance cure in the amount of $XXX was disclosed; however, an additional $XXX is required. Condition pending receiving a valid Change of Circumstances or Post CD reflecting lenders cure, LOX, a copy of refund and proof of delivery including shipping details and tracking information.
12/02/25 Client provided a copy of the Lender Tolerance Reconciliation worksheet showing the original Credit Report Fee (un-rounded) was $XXX. Cure of $XXX at Closing is sufficient.
Condition Satisfied.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Fico score XXX exceeds guide lines.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in the same profession for XXX years.
 
409026202
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
B
A
A
A
C
A
C
A
B
A
A
A
C
A
Credit
Income/Employment
Satisfied
B
A
B
A
CRDINC2496
Verbal verification of employment completed outside the stated requirements and/or after closing/funding
No
Provide VVOE dated within 10 business days prior to Note date for both Borrowers.
11.26.2025 Client provided VVOE for B1 dated 11.5.2025 however still missing VVOE for B2 dated within 10 business days of Note. 12.2.2025 Client provided VVOE for B1 (previously provided), condition remains for B2 VVOE within 10 business days of Note 12.4.2025 Client provided VVOE dated XXX for B2
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Fico score XXX exceeds guide lines.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in the same profession for XXX years.
 
409026260
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
A
A
A
D
B
D
B
C
A
A
A
D
B
Compliance
Documentation
Satisfied
D
A
D
A
CMPDOC806
Notary Status is missing
No
Mortgage Notary/Acknowledgment is Missing
12/02/25 Client provided the fully executed Mortgage that includes the Notary Acknowledgment.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS2854: Significant time in profession
- Clayton Comments:  B1: > XXX years same line of workB2: > XXX years same line of work
 
409026260
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
A
A
A
D
B
D
B
C
A
A
A
D
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
Zero tolerance in the amount of $XXX due to Inspection Fee was added to LE XXX without a COC in file. Condition pending receiving a Change of Circumstances or Post CD reflecting lenders cure, LOX, a copy of refund and proof of delivery including shipping details and tracking information.
12/02/25 Client provided a missing XXX COC. Condition remains. The COC indicates Appraisal came in "Subject to" and Final Inspection fee XXX added. The Appraisal in file is dated XXX and completed As-Is. In addition, there is a XXX Invoice and Delivery Email dated XXX for a CDA completed XXX. Lender to provide explanation for this discrepancy, and provide a valid change in circumstance for the CDA. Additional conditions may apply.01/08/26 Client provided a XXX PCCD with cure, LOE, $XXX refund check and proof of shipment.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS2854: Significant time in profession
- Clayton Comments:  B1: > XXX years same line of workB2: > XXX years same line of work
 
409026260
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
A
A
A
D
B
D
B
C
A
A
A
D
B
Credit
Assets
Satisfied
C
A
C
A
CRDAST3036
Assets reflect unsourced deposits
No
Provide documentation meeting guidelines, to source the following deposits, may be subject to additional conditions upon review.1. XXX, XXX in XXX XXX2. XXX, XXX in XXX XXX3. XXX, XXX in XXX XXX
12.9.2025 Client provided asset documentation verifying $XXX and $XXX coming from #XXX (sold shares) however still missing documentation verifying source of deposit of $XXX on XXX in XXX #XXX account, other two deposits were in XXX #XXX and have been documented, the last remaining deposit of $XXX in XXX #XXX to be source/documented. 12/17 Client provided source of funds as trasnfer between XXX accounts
Satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS2854: Significant time in profession
- Clayton Comments:  B1: > XXX years same line of workB2: > XXX years same line of work
 
409026332
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP849
TILA - Required ARM Loan Program Disclosure missing
No
Required ARM Loan Program Disclosure missing.
XXX Client provided the missing ARM Disclosure.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Fico score XXX exceeds guide lines.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower  has been in the same profession for XXX years.
 
409026332
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Compliance
RESPA
Satisfied
B
A
B
A
CMPRESPA2698
RESPA - List of homeowners counseling organizations not in file
No
List of homeowners counseling organizations is not in file.
XXX Client provided the missing HC List.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Fico score XXX exceeds guide lines.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower  has been in the same profession for XXX years.
 
409026332
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Compliance
RESPA
Satisfied
B
A
B
A
CMPRESPA863
RESPA: Required Affiliate Business Disclosure missing
No
Missing Affiliate Business Disclosure
XXX Client provided the missing ABD.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Fico score XXX exceeds guide lines.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower  has been in the same profession for XXX years.
 
409026332
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3552
TRID - Loan Estimate not timely
No
Application date is XXX and Initial LE in file is dated XXX. Provide LE issued at application.
XXX Client provided the missing Initial XXX LE.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Fico score XXX exceeds guide lines.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower  has been in the same profession for XXX years.
 
409026337
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years XXX months at current job.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX/XXX in verified assets is sufficient to cover required reserves XXX.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  802 exceeds program minimum of XXX by 142 points.
 
409026356
XXXXXX
IL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees were able to be sourced from the sellers CD document. Consistent with the XXX , we are satisfying to 1/A.
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% CLTV below guideline requirements of XXX% per program.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX months with 0x30 Mortgage payment history exceeds guidelines of XXX months.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% below guideline requirement of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have XXX months PITI in reserves.
 
409026906
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per Clayton Compliance department and TRID 2.0 revisions.  Exception satisfied. Final Grade A.
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score XXX
 
409026906
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
Zero tolerance in amount of $XXX due to added Field Review fee on CD XXX with no valid reasons documented on COC XXX. Condition is pending receiving PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.
12/03/25 Client provided a duplicate copy of the XXX COC. Condition remains. The COC does not provide a valid change in circumstance reason for adding the Field Review Fee.12/18/25 Client provided a XXX PCCD with cure, LOE, $XXX refund check and tracking number (online tracking confirms shipment).
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score XXX
 
409026906
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Property Valuations
Appraisal
Satisfied
A
A
A
A
PRVAAPPR3116
Missing updated valuation
No
The appraisal value $XXX on XXX is NOT supported by the UCDP with CU score of 2.9 and LCA of 3.5.  Both excessive the acceptable score of 2.5 or LOWER.   Provide CDA or equivalent third party valuation product.
11/10/2025 client provided a Field Review which supported the OA value with a XXX% variance.
Condition satisfied.
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score XXX
 
409026997
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
Compliance Manual
Satisfied
D
A
D
A
CMPMAN2956
Missing disclosure
No
Final CD XXX Projected Payment Information is not readable. Used information from PCD XXX for testing purposes. Provide readable copy of Closing Disclosure.
11/18/25 Client provided a legible copy of the Final XXX CD.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has has timely mortgage payments, XXX months reviewed.
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower has had timely credit history with no derogatory credit, XXX months reviewed.
 
CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years
- Clayton Comments:  Reviewed XXX months of mortgage payment history for current residence, no late or derogatory mortgage occurrences.
 
409026997
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has has timely mortgage payments, XXX months reviewed.
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower has had timely credit history with no derogatory credit, XXX months reviewed.
 
CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years
- Clayton Comments:  Reviewed XXX months of mortgage payment history for current residence, no late or derogatory mortgage occurrences.
 
409027029
XXXXXX
MA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
B
A
A
A
D
A
D
A
B
A
A
A
D
A
Compliance
Compliance Manual
Satisfied
D
A
D
A
CMPMAN2956
Missing disclosure
No
As per Disclosure tracking summary and disclosure tracking details in file, a revised CD XXX was issued but is missing.
11/11/25 Client provided the missing, revised XXX COC and CD.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 140 points above minimum program requirement of XXX
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX mo. 0x30 mortgage payment history; 0x30x24 required.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; using qual rate $XXX * XXX = $XXX reserves required.
 
409027029
XXXXXX
MA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
B
A
A
A
D
A
D
A
B
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3618
TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing
No
Final CD XXX is only CD in file. Product not disclosed at least three days prior to closing date of XXX
11/11/25 Client provided a missing, revised XXX COC and CD. Condition remains. Per the Disclosure Tracking, an Initial CD with APR of XXX% was Sent to both borrowers via eDisclosure on XXX. Provide the missing XXX  Initial CD for further testing.11/13/25 Client provided the missing Initial XXX  CD with APR of XXX%.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 140 points above minimum program requirement of XXX
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX mo. 0x30 mortgage payment history; 0x30x24 required.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; using qual rate $XXX * XXX = $XXX reserves required.
 
409027029
XXXXXX
MA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
B
A
A
A
D
A
D
A
B
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3626
TRID - CD: Loan consummated before end of waiting period
No
CD XXX is only CD in file. Provide initial CD acknowledged by borrowers at least three days prior to closing date of XXX
11/11/25 Client provided a missing, revised XXX COC and CD. Condition remains. Per the Disclosure Tracking, an Initial CD with APR of XXX% was Sent to both borrowers via eDisclosure on XXX. Provide the missing XXX Initial CD for further testing.11/13/25 Client provided the missing Initial XXX CD with APR of XXX%.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 140 points above minimum program requirement of XXX
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX mo. 0x30 mortgage payment history; 0x30x24 required.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; using qual rate $XXX * XXX = $XXX reserves required.
 
409027029
XXXXXX
MA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
B
A
A
A
D
A
D
A
B
A
A
A
D
A
Credit
Credit/Mtg History
Satisfied
B
A
B
A
CRDCRMH193
Length of mortgage/rental history in file does not meet guideline requirement
No
Missing 0x30 payment history for additional mortgage from XXX attached to REO at XXX reflecting as $XXX being paid off on Sale HUD dated XXX as required by XXX.
11.10.2025 Client provided duplicate (in file) VOM for subject property however initial condition is pertaining to missing satisfactory VOM mortgage history for XXX mortgage of $XXX that was paid off on HUD-1 property: XXX (HUD-1 in file pg 234).  Condition remains for satisfactory VOM history for XXX mortgage with balance paid off $XXX on HUD-1 w/XXX sold as of XXX11.17.2025 Client provided duplicate (in file) VOM and HUD-1 from sale of XXX along with copy of Promissory/Private Note on subject property dated XXX (in the amount of $XXX) and LOX from Lender stating borrower was interest in purchasing a new property (Subject property) and elected to obtain financing through a private company (XXX), they were approved for a loan in the amount of $XXX and at the time of approval, the borrowers did not have sufficient collateral available and therefore placed a lien on the property located at XXX, XXX (which is now sold) and the HUD-1 from this sale reflect a payment in the amount of $XXX made to XXX see attached VOM for subject and the Promissory Note for both properties,XXX is now sold and shows payment receipt of $XXX on HUD-1 this is all part of both properties (subject and XXX) however XXX is now sold as of XXX.  Subject Promissory Note reflect the same with both properties listed.  Condition remains to verify XXX owner names (this is the subject Private lien Holder, which is now being paid off and this appears to be sellers whom purchased XXX property, possibly), document file with whom subject Private Lender names are: XXX11.19.2025 Client provided LOX stating, Hello: Seller has provided further documents to satisfy this finding. Please note the Payoff information includes a partial release document that references the original mortgage recorded on XXX Book 72147 Page 111 which matches the Recorded Mortgage document showing the mortgage is one in the same as the $XXX mortgage. The $XXX mortgage payoff for XXX  was not a separate mortgage with XXX. Its the same mortgage that was taken out in the original loan amount of $XXX and a VOM is already in file.  Response, Client provided copy of payoff of $XXX for mortgage on XXX along with evidence of partial release of the $XXX that was tied to the XXX, initial amount was $XXX balance per VOM is now $XXX on subject payoff, evidence is verified the $XXX being released from the lien on XXX and XXX have since been now sold as of XXX; subject VOM reflect difference of VOM balance on subject where XXX will now be paid off at subject closing.  Total amount was $XXXX secured by Subject ($XXX) and XXX ($XXX), where partial release of the $XXX on XXX have now been released and copy of HUD-1 from sale of XXX as of XXX
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 140 points above minimum program requirement of XXX
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX mo. 0x30 mortgage payment history; 0x30x24 required.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; using qual rate $XXX * XXX = $XXX reserves required.
 
409027058
XXXXXX
AZ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
D
B
D
B
D
A
A
A
D
B
Compliance
Ability to Repay/Qualified Mortgage
Satisfied
D
A
D
A
CMPATRQM3220
TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.
No
Determine status upon review / receipt of source and required documents for B1's 'other' income of XXX reflected on final 1003.
XXX Client provided Lender LOX stating other income is from rental disregarded entities totaling $XXX and provided Lender Rental income worksheet for the twelve (12) properties listed on Schedule E REO of 2024 personal tax returns. In addition, file have all twelve (12) HOI and taxes for each property and verifies being in LLC name and are free and clear of liens, monthly other income being used for qualifying is supported
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  XXX + years at job
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  XXX + years at job
 
409027058
XXXXXX
AZ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
D
B
D
B
D
A
A
A
D
B
Compliance
Right of Rescission
Waived
B
B
B
B
CMPROR1909
Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor
No
Per title commitment in file, loan originated with same lender. Incorrect ROR H-8 Form Used in Refinance with Original Creditor
XXX Client provided an exception approval for using incorrect ROR form
XXX Initial & Final Grade B.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  XXX + years at job
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  XXX + years at job
 
409027058
XXXXXX
AZ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
D
B
D
B
D
A
A
A
D
B
Credit
Income/Employment
Satisfied
C
A
C
A
CRDINC888
Income Amount is  Unsupported by Documentation in File
No
Provide source and required documents for B1's 'other' income of XXX reflected on final 1003.Subject to full income recalc and may be subject to additional conditions upon review.
XXX  Client provided Lender LOX stating other income is from rental disregarded entities totaling $XXX and provided Lender Rental income worksheet for the twelve (12) properties listed on Schedule E REO of XXX personal tax returns. In addition, file have all twelve (12) HOI and taxes for each property and verifies being in LLC name and are free and clear of liens, monthly other income being used for qualifying is supported with XXX  1040s and XXX 1040 Transcript
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  XXX + years at job
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  XXX + years at job
 
409027058
XXXXXX
AZ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
D
B
D
B
D
A
A
A
D
B
Credit
Income/Employment
Satisfied
D
A
D
A
CRDINC3204
Income Documentation Missing
No
Provide the following for B1 and B2 for 1120s:Income calculation worksheet income calculation. The Fannie Mae 1084, or Freddie Mac Form 91 or equivalent is required for XXX employment analysis. The most recent Form 1084 or Form 91 should be used based on application date. Instructions per Form 1084 or Form 91 must be followed.
XXX Client provided Lender Cash Flow Income Analysis for both borrowers 1120s income calculation, work for same XXX employment XXX% owner each
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  XXX + years at job
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  XXX + years at job
 
409028839
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XX%.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is XXX points above the minimum required score of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have XXX months of PITIA available in reserves; XXX months required.
 
409028841
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been with current employer since XXX.
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Co-borrower has been with current employer since XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX LTV is XXX below the maximum allowable LTV of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have XXX months of PITI available in reserves; XXX months required.
 
409028957
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP847
TILA - ARM Loan Program Disclosure after 3 days from application
No
ARM Disclosure in file is dated XXX. Loan converted from Fixed terms to ARM terms on LE XXX, missing ARM disclosure provided with LE XXX.
01/26/26 Client provided the XXX ARM program disclosure.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  CO borrower at current employment XXX
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score XXX
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
409029084
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
Zero tolerance violation in the amount of $XXX due to added Discount Points on CD XXX. COC dated XXX is present in the file; however, the corresponding disclosure is missing from the file. As a result, the condition remains pending until receipt of corresponding LE or PCD reflecting lenders cure, LOE issued to borrower, a copy of refund and proof of delivery including shipping details and tracking information.
12/02/2025 Client provided COC XXX reflecting lock expiration resulting in Discount points added.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX months of PITIAGuidelines require 6 months or $ XXX X XXX = $ XXX+ XXX Months for Additional REO or $ XXX X 3 = $ XXX
 
409029142
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per Clayton Compliance department and TRID 2.0 revisions.  Exception satisfied. Final Grade A.
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been with current employer since XXX
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 140 points above the minimum required score of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have $XXX available in reserves; $XXX in reserves required.
 
409029142
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
D
A
D
A
CMPTRID3600
TRID - CD delivered only via e-mail but there is no prior e-sign consent in file; by regulation, CD must be treated as not delivered
No
Missing e-consent in file for both borrowers.
12/09/25 Client provided the E-Disclosures Invitation XXX that reflects both E-Consents.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been with current employer since XXX
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 140 points above the minimum required score of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have $XXX available in reserves; $XXX in reserves required.
 
409029142
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
D
A
D
A
CMPTRID5111
TRID - LE delivered only via e-mail but there is no prior e-sign consent in file; by regulation, LE must be treated as not delivered
No
Missing e-consent in file for both borrowers
12/09/25 Client provided the E-Disclosures Invitation XXX that reflects both E-Consents.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been with current employer since XXX
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 140 points above the minimum required score of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have $XXX available in reserves; $XXX in reserves required.
 
409029166
XXXXXX
TN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Compliance
RESPA
Satisfied
B
A
B
A
CMPRESPA863
RESPA: Required Affiliate Business Disclosure missing
No
Missing Affiliate Business Disclosure
XXX Client provided an LOE from Lender stating they are not affiliated with anyone.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score; XXX required.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Verified reserves of $XXX or XXX months PITI; $XXX or XXX months required.
 
409029234
XXXXXX
MA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been with current employer since XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have $XXX, or XXX of PITIA available in reserves; XXX PITIA in reserves required.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 133 points above the minimum required score of XXX.
 
409029266
XXXXXX
IL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
B
A
A
D
A
D
B
C
B
A
A
D
A
Compliance
State Consumer Protection
Satisfied
D
A
D
A
CMPSTCP2057
Illinois Pred Lend Database - No Cert of Compliance or Cert of Exemption in file
No
Illinois Pred Lend Database - No Cert of Compliance or Cert of Exemption in file
12/22/2025 Client provided missing Illinois Anti Predatory Certificate of Compliance.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying DTI of XXX% is below guideline maximum of XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
409029266
XXXXXX
IL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
B
A
A
D
A
D
B
C
B
A
A
D
A
Credit
Income/Employment
Waived
C
B
C
B
CRDINC150
Income docs do not meet guidelines
No
Missing a copy of the XXX  Exception. XXX granted the exception XXX to use $XXX/month base income, which is the borrower's salary prior to changing to K-1. Borrower went from a XXX to a XXX XXX. With this change borrower went from being paid wage to K-1.
12.19.2025 Client provided exception approval for change in how current employment income being received, was previously receiving w2 income and now will be receiving k1 income.
Upon further review by Senior Underwriter, exception is deemed non-material. Exception approved, B Grade with compensating factors: LTV XXX% and verified reserves of $XXX with fico score of XXX
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying DTI of XXX% is below guideline maximum of XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
409030231
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
B
A
A
A
A
A
B
A
B
A
A
A
A
A
Credit
Terms/Guidelines
Satisfied
B
A
B
A
CRDTER3122
Loan documents do not meet guideline requirements
No
Provide the Title Report that reflects borrower's name XXX.
12.4.2025 Client provided Letter from Title Company verifying ALTA loan policy will be in the amount of $XXX and said insured will be in first position.  The Borrowers in this transaction is/are XXX and XXX
Condition satisfied
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is below guidelines maximum of XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Cash reserves of $XXX exceed guideline requirement of Subject: $XXX x XXX + REO $XXX x XXX =$XXX required reserves.
 
409030548
XXXXXX
IL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX.Guidelines require XXX months or $ XXX X XXX = $ XXX
 
409030636
XXXXXX
TN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has stable employment with XXX years at current job.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Fico score XXX exceeds guide lines.
 
409030649
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
C
A
D
A
D
A
A
A
C
A
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP847
TILA - ARM Loan Program Disclosure after 3 days from application
No
Application date is XXX, ARM Disclosure in file is dated XXX.
12/17/25 Client provided the XXX ARM Disclosure.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject and XXX financed REOs
 
409030649
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
C
A
D
A
D
A
A
A
C
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3552
TRID - Loan Estimate not timely
No
Application date is XXX, earliest LE in file is dated XXX. Missing initial LE disclosed to borrowers within XXX days of application.
12/17/25 Client provided the Initial XXX LE.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject and XXX financed REOs
 
409030649
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
C
A
D
A
D
A
A
A
C
A
Credit
Terms/Guidelines
Satisfied
D
A
D
A
CRDTER2548
Missing AUS or AUS errors present
No
1. Qualifying back DTI: XXX%LP AUS back DTI: XXX%It appears the REOs PITIA was not included in LP DTI.2. LP AUS also references XXX income docs, however B1 is a Wage earner.3. Per findings: "Loan is a refinance on a primary residence and B1 and B2 have indicated they will occupy the property. Currentaddress does not match subject property address. Verify, update and resubmit the loan."*  Provide updated findings. May be subject to additional conditions upon review.
12.19.2025 Client provided an updated LP submission #XXX with some changes however all changes don't appear to have been made, updated LP (FE10300) do not reflect B1 as a wage earner (still showing as being XXX) and LP (FPA0103) still reflect address as not matching.  Condition remains for these two LP updated changes: (1). B1 to show as wage earner and (2). Both borrowers to reflect address as subject primary address. 12.26.2025 Client provided LP AUS submission #14 with showing subject address as Borrower primary address, however B1 employment still showing as XXX vs wage earner (per initial condition).  Condition remains for updated LP reflecting B1 as wage earner or to document file as being XXX, if applicable.  Currently income documents in file is not per XXX documents, documents in file are for wage earner.  1.5.2026 Client provided updated LP submission #15 with requested changes
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject and XXX financed REOs
 
409030999
XXXXXX
UT
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Score XXX exceeds guideline minimum of  XXX.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX months review at 0X30, exceeds guidelines of XXmonths
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been XXX for over XXX years XXX  month.
 
409031001
XXXXXX
NV
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
B
A
A
D
A
D
B
B
B
A
A
D
A
Compliance
Ability to Repay/Qualified Mortgage
Satisfied
D
A
D
A
CMPATRQM3220
TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.
No
Missing evidence to validate the lender's use of monthly updated balance student loan payments. XXX% DTI exceeds the XXX Overlay max of XXX% due to review using XXX% of the updated balances for payment on student loans reflecting no payment amount on the credit report, whereas the lender is using XXX%; total debts $XXX total debts (includes consumer debts of $XXX/mo.)/$XXX validated qualifying income.
11.20.2025 Client provided exception approval to allow for XXX% monthly payment for student loans with no months payment (using updated credit supplement with slightly higher balances), Lender used the same calculation of XXX% for monthly payment. Client guidelines require XXX% to be used when credit report reflect zero payment and FHLMC allow for XXX% monthly payment, exception approval to allow for use of XXX%
Condition satisfied with updated DTI of XXX% using XXX% monthly payment for student loans.
(No Data)
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in the same profession for XXX years.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX% per XXX overlay.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; using qual rate $XXX * XXX + $XXX * XXX = $XXX reserves required by XXX Program.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX per XXX overlay.
 
409031001
XXXXXX
NV
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
B
A
A
D
A
D
B
B
B
A
A
D
A
Credit
DTI
Waived
B
B
B
B
CRDDTI105
Debt Ratio Exception 5% or Less
No
XXX% DTI exceeds the XXX Overlay max of XXX% due to review using XXX% of the updated balances for payment on student loans reflecting no payment amount on the credit report, whereas the lender is using XXX%; total debts $XXX total debts (includes consumer debts of $XXX/mo.)/$XXX validated qualifying income.
11.20.2025 Client provided exception approval to allow for XXX% monthly payment for XXX loans with no months payment (using updated credit supplement with slightly higher balances), Lender used the same calculation of XXX% for monthly payment. Client guidelines require XXX% to be used when credit report reflect zero payment and FHLMC allow for XXX% monthly payment, exception approval to allow for use of XXX%
Exception approved, B Grade
(No Data)
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in the same profession for XXX years.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX% per XXX overlay.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; using qual rate $XXX * XXX + $XXX * XXX = $XXX reserves required by XXX Program.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX per XXX overlay.
 
409031001
XXXXXX
NV
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
B
A
A
D
A
D
B
B
B
A
A
D
A
Credit
Insurance
Waived
B
B
B
B
CRDINSR5351
Insurance Effective date is greater than the transaction date
No
HOI effective date is XXX, same as disbursement date.
11.19.25- Upon further review Sr Clayton  UW determined that the Hazard insurance not in effect at time of closing, however valid at time of delivery to XXX for Purchase review is non material due to the following compensating factors: verified cash reserves exceed guidelines, LTV below guidelines, credit score exceeds guidelines and DTI below guidelines,.
Final grade of B
Not Applicable
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in the same profession for XXX years.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX% per XXX overlay.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; using qual rate $XXX * XXX + $XXX * XXX = $XXX reserves required by XXX Program.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX per XXX overlay.
 
409031002
XXXXXX
ID
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI is below guideline maximum of XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  B2 have been in the same line of work for XXX years
 
409031003
XXXXXX
UT
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  The borrower middle credit score is XXX, which is points 131 higher than the benchmark score of XXX.
 
CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years
- Clayton Comments:  The borrower have not had any 30-day, 60-day, or 90-day late payments on the all mortgage accounts within the last XXX months. This exceed the guidelines of XXX months.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  The primary borrower has been employed at their current job for XXX years, which is significantly longer than the typical employment duration.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  The loan-to-value (LTV) ratio is XXX%, which is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  The borrower has total cash asset reserves of $XXX, which equates to XXX months of PITIA reserves. Calculation: $XXX divided by $XXX = XXX months of PITIA. Cash Reserves exceed XXX months of PITIA.
 
409031003
XXXXXX
UT
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
The loan file is missing updated property valuation report.
11.21.2025 Client provided duplicate (in file) 1004D completion report however initial condition is regarding missing 3rd party CDA valuation supporting appraised value.  CU Score is XXX which would require further valuation to support value. Condition remains 12.2.2025 Client provided a 3rd party CDA however not for this loan file, condition remains for subject 3rd party CDA 12.5.2025 Client provided 3rd party CDA valuation supporting appraised value with 0.0% variance
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  The borrower middle credit score is XXX, which is points 131 higher than the benchmark score of XXX.
 
CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years
- Clayton Comments:  The borrower have not had any 30-day, 60-day, or 90-day late payments on the all mortgage accounts within the last XXX months. This exceed the guidelines of XXX months.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  The primary borrower has been employed at their current job for XXX years, which is significantly longer than the typical employment duration.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  The loan-to-value (LTV) ratio is XXX%, which is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  The borrower has total cash asset reserves of $XXX, which equates to XXX months of PITIA reserves. Calculation: $XXX divided by $XXX = XXX months of PITIA. Cash Reserves exceed XXX months of PITIA.
 
409031004
XXXXXX
NV
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have XXX years XXX months at current residence.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  credit score XXX exceeds program minimum XXX by 114 points.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX months at 0X 30 exceeds guideline of XXX months
 
409031005
XXXXXX
ID
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrowers have been in their respective professions for XXX and XXX years.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; XXX% max per XXX Overlay.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX per XXX overlay.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX mo. 0x30 mortgage payment history; 0x30x24 required.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; max XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; $XXX * XXX+ REO $XXX * XXX = $XXX reserves required by XXX Program.
 
409031005
XXXXXX
ID
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing CDA supporting appraisal value $XXX due to CU Score not available.
12/2 client provided a CDA supporting the appraised value with a XXX% variance
Satisfied
(No Data)
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrowers have been in their respective professions for XXX and XXX years.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; XXX% max per XXX Overlay.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX per XXX overlay.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX mo. 0x30 mortgage payment history; 0x30x24 required.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; max XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; $XXX * XXX+ REO $XXX * XXX = $XXX reserves required by XXX Program.
 
409031006
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 89 points above minimum program requirement of XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX years in line of business.
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Borrower2 has XXX years XXX months in line of business
 
409031007
XXXXXX
TX
QM: Safe Harbor
QM: Safe Harbor (APOR)
D
A
A
A
D
A
C
A
D
A
A
A
D
A
C
A
Compliance
Texas Home Equity
Satisfied
C
A
C
A
CMPTXHE119
Texas Equity - Affidavit of Fair Market Value not signed by lender
No
Affidavit of Fair Market Value is missing lender signature
11/24/25 Client provided a FMV Affidavit signed by all parties.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrower's revolving credit utilization ratio is XXX%.
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrowers have had no derogatory or delinquent credit history, XXX months reviewed.
 
CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years
- Clayton Comments:  Borrowers have had no derogatory mortgage related occurrences in the past two years, XXX months reviewed.
 
409031007
XXXXXX
TX
QM: Safe Harbor
QM: Safe Harbor (APOR)
D
A
A
A
D
A
C
A
D
A
A
A
D
A
C
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
B
A
B
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied.
(No Data)
Satisfied.
Numeric
Not Applicable
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrower's revolving credit utilization ratio is XXX%.
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrowers have had no derogatory or delinquent credit history, XXX months reviewed.
 
CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years
- Clayton Comments:  Borrowers have had no derogatory mortgage related occurrences in the past two years, XXX months reviewed.
 
409031007
XXXXXX
TX
QM: Safe Harbor
QM: Safe Harbor (APOR)
D
A
A
A
D
A
C
A
D
A
A
A
D
A
C
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
FNMA CU Risk Score is over 2.5, Collateral Desktop Analysis (CDA) ordered from XXX or a Consolidated Collateral Analysis (CCA) from XXX is required to support the value of the appraisal.
12.2.2025 Client provided 3rd party CDA valuation supporting appraised value with XXX% variance
Condition satisfied
(No Data)
Not Applicable
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrower's revolving credit utilization ratio is XXX%.
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrowers have had no derogatory or delinquent credit history, XXX months reviewed.
 
CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years
- Clayton Comments:  Borrowers have had no derogatory mortgage related occurrences in the past two years, XXX months reviewed.
 
409031009
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
B
D
B
A
A
D
B
C
B
D
B
A
A
Credit
Assets
Waived
C
B
C
B
CRDAST115
Cash reserves do not meet guidelines
No
Provide additional assets to meet minimum guideline required reserves of XXX months for loan amount $XXX and additional XXX months for XXX borrower, totaling $XXX.
11.19.2025 Client provided exception approval to allow for short reserves for transaction, verified reserves $XXX and required reserves $XXX = -$XXXshort reserves
Upon further review by Senior Underwriter, exception is deemed non-material. Exception approved, B Grade with compensating factors: DTI XXX% with fico score XXX and LTV XXX%
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  B1 has been with current employer for XXX years, B2 has been XXX for XXX years.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV of XXX% is below guideline max LTV of XXX%.
 
409031009
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
B
D
B
A
A
D
B
C
B
D
B
A
A
Property Valuations
Appraisal
Waived
D
B
D
B
PRVAAPPR3116
Missing updated valuation
No
Lender provided a CU risk score which exceeds guidelines.  File is missing 3rd party verification of value.
12.1.2025 Client provided 3rd party CDA valuation supporting appraised value with 0.0% variance however appears 2nd full appraisal is required due to refinance transaction with loan amount over $XXX.  Condition remains for 2nd full appraisal 12.2 Client provided an approved exception to allow the file without a 2nd full 1004 and using the CDA which supports the value
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  B1 has been with current employer for XXX years, B2 has been XXX for XXX years.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV of XXX% is below guideline max LTV of XXX%.
 
409031010
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
A
B
B
D
B
A
A
D
A
B
B
Compliance
Right of Rescission
Waived
B
B
B
B
CMPROR1909
Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor
No
The file contains an H-8 Version of the Right of Rescission form, per Title Commitment in file, the previous 1st & 2nd liens were with XXX/ XXX Bank (same lender). Correct ROR type to be used for this transaction is H9
11/19/25 Client provided an approved exception for using incorrect ROR form
11/19/25 Initial and final grade 2/B
(No Data)
Not Applicable
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX months of 0X30 exceeds guideline of XXX months.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX in verified assets is sufficient to cover required reserves XXX.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has  XXX years XXX month at current job.
 
409031010
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
A
B
B
D
B
A
A
D
A
B
B
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Lender provided a CU score that exceeds guidelines.  File is missing 3rd party verification of value.
12.1.2025 Client provided 3rd party CDA valuation supporting appraised value with XXX% variance
Condition satisfied
(No Data)
Not Applicable
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX months of 0X30 exceeds guideline of XXX months.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX in verified assets is sufficient to cover required reserves XXX.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has  XXX years XXX month at current job.
 
409031011
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score; XXX required.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; XXX% max allowed.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Verified reserves of $XXX; total reserves required $XXX.
 
409031012
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Compliance
Texas Home Equity
Satisfied
C
A
C
A
CMPTXHE119
Texas Equity - Affidavit of Fair Market Value not signed by lender
No
TX EQ Affidavit of Fair Market Value not signed by lender.
11/21/25 Client provided the fully executed FMV Affidavit.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX in verified assets is sufficient to cover required reserves XXX.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX exceeds guideline minimum of XXX by 44 points
 
409031013
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
A
A
A
A
D
B
D
B
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees listed on Seller CD but not all Fees are on Borrower final CD dated XXX As the fees are at least reflected there is no material issue. This exception is informational per Clayton Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A.
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrowers have XXX months of 0x30 on current mortgage
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Required Reserves: $XXX.  Verified $XXXSubject: $XXX x XXX = $XXXREO $XXX x XXX = $XXX
 
409031013
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
A
A
A
A
D
B
D
B
A
A
A
A
Credit
DTI
Waived
D
B
D
B
CRDDTI2540
Missing verification of some or all components of non-subject PITI
No
Per 1003 there is an additional $XXX/month for XXX.  LOE in file states no HOA.  Provide documentation on the additional $XXX/month
11/19 Client provided an LOE that there is no $XXX additional charge on the REO; Upon review provide a Processor Cert for the error on the 1003 and a corrected 1003 with additional $XXX removed from XXX REO section11/19 Client provided an approved exception to allow the file without the updated 1003 or UW Cert
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; strong reserves,  Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrowers have XXX months of 0x30 on current mortgage
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Required Reserves: $XXX.  Verified $XXXSubject: $XXX x XXX = $XXXREO $XXX x XXX = $XXX
 
409031014
XXXXXX
AZ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score; XXX required.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; XXX% max allowed.
 
409031015
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Credit
Credit/Mtg History
Waived
B
B
B
B
CRDCRMH193
Length of mortgage/rental history in file does not meet guideline requirement
No
Missing XXX months rental history
11.19.2025 Client provided exception approval for missing evidence of XXX months verification of rental housing payment history
Exception approved, B Grade
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score XXX
 
409031016
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
D
A
A
A
D
B
D
B
D
A
A
A
Credit
Assets
Waived
C
B
C
B
CRDAST3078
Insufficient # of months cash reserves for PITI per guideline requirements
No
Qualifying payment using FIFA $XXX + $XXX + $XXX + XXX = $XXX x XXX months + XXX additional for XXX borrower = $XXX reserves required
11.18.2025 Client provided exception approval to allow for short reserves of $XXX for subject transaction; verified reserves are $XXX and required reserves $XXX = $XXX short reserves.
Upon further review by Senior Underwriter, exception is deemed non-material. Exception approved, B Grade with compensating factors: LTV XXX % with DTI of XXX% and significant time XXX years with current employment.
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years at current job
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX years XXX months  at current residence
 
409031016
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
D
A
A
A
D
B
D
B
D
A
A
A
Credit
Income/Employment
Waived
D
B
D
B
CRDINC3260
Balance Sheet missing for one or more Self Employed borrowers
No
Missing signatures for #1 -  Year to date  Balance Sheet for 1120S XXX #2 XXX 2024 Balance Sheet.
11.18.2025 Client provided exception approval for missing signatures on YTD 2025 Balance Sheet for XXX and end of year 2024 Balance Sheet for XXX and appears to have been used for calculation of liquidity.
Upon further review by Senior Underwriter, exception is deemed non-material. Exception approved, B Grade with compensating factors: LTV XXX% with DTI of XXX% and significant time XXX years with current employment.
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years at current job
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX years XXX months  at current residence
 
409031016
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
D
A
A
A
D
B
D
B
D
A
A
A
Credit
Legal Documents
Satisfied
D
A
D
A
CRDLGL2642
Missing proof that HELOC has been paid and closed to future draws
No
Missing signed HELOC close letter.
12/18 Client provided executed letter to close HELOC
Satisfied
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years at current job
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX years XXX months  at current residence
 
409031016
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
D
A
A
A
D
B
D
B
D
A
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing UCDP with a Fannie CU score of 2.5 or less or Collateral Desktop Analysis (CDA) ordered from XXX or a Consolidated Collateral Analysis (CCA) from XXX as required by the guidelines to support appraisal value of $XXX.
12.2.2025 Client provided 3rd party CDA valuation supporting appraised value with XXX% variance
Condition satisfied
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years at current job
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX years XXX months  at current residence
 
409031017
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
D
A
D
A
A
A
D
A
D
A
Compliance
Compliance Manual
Satisfied
D
A
D
A
CMPMAN2956
Missing disclosure
No
Final CD missing; Initial CD input as Final CD for testing purpose along w/ signed pg 6 of Final CD time stamped on XXX w/ signed date XXX
11/26/2025 Client provided missing, complete Final CD XXX
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX years at current residence.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years XXX months at current job.
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Co-Borrower has XXX years XXX months at current job.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX exceeds guidelines of XXXby 74 points.
 
409031017
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
D
A
D
A
A
A
D
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller-paid fees that should be disclosed in Sections C, E, & H are not disclosed on Initial CD XXX (input as Final CD for testing purpose); Condition pending receipt of missing Final CD.
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX years at current residence.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years XXX months at current job.
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Co-Borrower has XXX years XXX months at current job.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX exceeds guidelines of XXXby 74 points.
 
409031017
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
D
A
D
A
A
A
D
A
D
A
Property Valuations
Property
Satisfied
D
A
D
A
PRVAPROP132
Missing HOA Certificate/Questionnaire
No
File is missing lender's condo limited review approval
11/21 Client provided 1 page of the Lim Review Cert; provide all pages11.26.2025 Client provided all 4 pages of Lenders Questionnaire Certification for limited review
Condition satisfied
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX years at current residence.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years XXX months at current job.
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Co-Borrower has XXX years XXX months at current job.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX exceeds guidelines of XXXby 74 points.
 
409031018
XXXXXX
CA
QM: Safe Harbor
QM: Safe Harbor (APOR)
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Compliance
Right of Rescission
Satisfied
C
A
C
A
CMPROR2330
ROR - Disbursement date is before end of statutory rescission period
No
Loan Consummated on XXX ROR Expiration Date is XXX; Final CD XXX indicates Disbursement Date of XXX. Per Settlement Statement in file, Disbursement date was XXX. Condition is pending receiving PCD with corrected dates and LOE to borrower.
12/05/25 Client provided a corrected XXX PCCD with LOE and Tracking.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrowers' revolving credit utilization is XXX%.
 
CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years
- Clayton Comments:  Borrowers have had no derogatory occurrences or delinquent mortgage history in the past XXX months, XXX months reviewed.
 
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrowers have had timely mortgage payment history, XXX months reviewed.
 
409031019
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
A
D
B
A
A
D
B
B
A
D
B
A
A
Credit
Credit/Mtg History
Satisfied
B
A
B
A
CRDCRMH193
Length of mortgage/rental history in file does not meet guideline requirement
No
Provide XXX months VOM for XXX  Mortgage statement shows XXX months of overdue payments.
12/5 Client provided Evidence of XXX and XXX 2025 payments for XXX, Please provide the NOTE or VOM or similar   to confirm 1st payment date 12/12 Client provided Mortgage statement with maturity date XXX; to confirm recent origination matching payment history
Satisfied
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Required Reserves:  $XXX.  Verified $XXXSubject $XXX x XXX = $XXXREO: $XXX x XXX = $XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower  has been in the same profession for XXX years
 
409031019
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
A
D
B
A
A
D
B
B
A
D
B
A
A
Property Valuations
Appraisal
Waived
D
B
D
B
PRVAAPPR2300
Missing Second Appraisal required per guidelines
No
Subject purchased by seller within XXX days of the purchase contract.  2nd full appraisal required.
11/13 Client provided an approved exception to allow the file without the 2nd full appraisal
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Required Reserves:  $XXX.  Verified $XXXSubject $XXX x XXX = $XXXREO: $XXX x XXX = $XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower  has been in the same profession for XXX years
 
409031020
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
B
D
B
A
A
D
B
B
B
D
B
A
A
Credit
Legal Documents
Satisfied
B
A
B
A
CRDLGL5480
Trust Documents Not Acceptable/Not Executed
No
Trust Certification in file is not executed.
11.26.2025 Client provided executed and notarized Trust Certification
Condition satisfied
Not Applicable
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower at current employment XXX years
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX%
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves $CCC or CCC  months, not including cash out
 
409031020
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
B
D
B
A
A
D
B
B
B
D
B
A
A
Credit
Terms/Guidelines
Waived
B
B
B
B
CRDTER110
Loan amount exceeds guideline maximum
No
Max loan amount $XXX, subject loan amount is $XXX
11/21 Client provided an approved exception to allow the file with a loan amount of $XXX
Clayton final grade is B
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower at current employment XXX years
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX%
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves $CCC or CCC  months, not including cash out
 
409031020
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
B
D
B
A
A
D
B
B
B
D
B
A
A
Property Valuations
Appraisal
Waived
D
B
D
B
PRVAAPPR2300
Missing Second Appraisal required per guidelines
No
Missing Second Appraisal required per guidelines per guidelines loan amounts >$XXX require 2 full appraisals
12/2 Client provided an approved exception  to accept a CDA in lieu of a 2nd appraisal
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower at current employment XXX years
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX%
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves $CCC or CCC  months, not including cash out
 
409031041
XXXXXX
MT
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
D
A
D
A
D
A
A
A
D
A
Compliance
Compliance Manual
Satisfied
D
A
D
A
CMPMAN2956
Missing disclosure
No
Change of Circumstances dated XXX in file; however, the corresponding Closing Disclosure is missing. Condition is pending receiving CD.
01/14/2026 Client provided missing CD XXX. Condition remains for evidence of receipt of the Initial CD XXX for both. 01/21/26 Client provided the signed copies of the XXX CD.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% CLTV below guideline requirements of XXX% per program.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX with 0x30 Mortgage payment history exceeds guidelines of XXX.
 
409031041
XXXXXX
MT
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
D
A
D
A
D
A
A
A
D
A
Credit
DTI
Satisfied
B
A
B
A
CRDDTI106
Debt Ratio Exception >5% and <10%
No
Maximum allowed DTI for ARM transaction XXX%. Lender did not include including primary residence payment of $XXX generating XXX% DTI.
1.13.2026 Client provided updated 1008 and LOX regarding updated income for B1 now including commission income to also consider the Primary Housing monthly payment of $XXX for updated DTI of XXX% and Lender updated 1008 DTI of XXX%.  Written VOE is in file covering YTD XXX and prior two years earnings.  Using lessor YTD XXX average of commission income.
Condition satisfied
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% CLTV below guideline requirements of XXX% per program.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX with 0x30 Mortgage payment history exceeds guidelines of XXX.
 
409031041
XXXXXX
MT
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
D
A
D
A
D
A
A
A
D
A
Credit
DTI
Satisfied
D
A
D
A
CRDDTI2540
Missing verification of some or all components of non-subject PITI
No
Missing Credit Supplement, Mortgage Statement or VOM for XXX for XXXl, XXX, MN. Estimated PITI $XXX that was considered in Rental Income Analysis.
1/12 Client provided supporting Docs for PITIA on XXX
Satisfied
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% CLTV below guideline requirements of XXX% per program.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX with 0x30 Mortgage payment history exceeds guidelines of XXX.
 
409031058
XXXXXX
CO
QM: Safe Harbor
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per Clayton Compliance department and TRID 2.0 revisions.  Exception satisfied. Final Grade A.
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX months of PITIAGuidelines require 9 months or $ XXX X XXX = $ XXX+ XXX Months for Additional REO or $ XXX X 3 = $ XXX
 
409031159
XXXXXX
OR
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees listed on Seller CD but not all Fees are on Borrower final CD dated XXX . As the fees are at least reflected there is no material issue. This exception is informational per Clayton Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A.
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV of XXX% is below guideline max LTV of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close reserves verified at $XXX, required reserves are $XXX.
 
409031178
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in the same profession for XXX years.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX % LTV; max XXX %.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX  reserves; using qual rate $XXX *XXX = $XXX  reserves required.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX  qual score; min XXX
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  35mo. 0x30 mortgage payment history; 0x30x24 required.
 
409031222
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
C
B
A
A
A
A
C
B
C
B
A
A
A
A
Credit
LTV/CLTV
Waived
C
B
C
B
CRDLTV3028
LTV Exceeds Guideline Requirement by 10% or more
No
XXX % LTV Exceeds XXX % Max for Second Home CashOut per XXX XXX Guidelines
12/30 Client provided an approved exception to allow the file with a XXXLTV
Upon review by Clayton XXX, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX at Current Residence
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require XXX or $ XXX X 12 = $ XXX+ XXX for Additional REO or ( $ XXX X 3 = $ XXX )
 
409031222
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
C
B
A
A
A
A
C
B
C
B
A
A
A
A
Credit
Terms/Guidelines
Waived
C
B
C
B
CRDTER3122
Loan documents do not meet guideline requirements
No
Cash Out Request Exceeds Program Requirements By Less Than XXX% Of GuidelinesCash Out With Less Than XXX Seasoning on title
RWT Exception approved XXX to allow Cash Out Request Exceeding Program Requirements By Less Than XXX% Of Guidelines & Cash Out With Less Than XXX Seasoning on title
Clayton initial & final grade of B
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX at Current Residence
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require XXX or $ XXX X 12 = $ XXX+ XXX for Additional REO or ( $ XXX X 3 = $ XXX )
 
409031288
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
Appraisal Desk Review fee $XXX was added to initial CD XXX section B. COC issued XXX  does not list fee amount or any details as to why fee was added. No cure provided on final CD. Condition pending receipt detailed COC with fee addition validated or Post CD reflecting lenders cure, LOX, Refund of $XXX  w/ Proof of Delivery.
XXX Client provided PCCD XXX  with cure, LOE and created shipping label.  Condition remains for copy of the cure check and delivery. XXX  Client provided copy of the check and shipping label now in transit status.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require XXX months or $XXX  X XXX = $ XXX
 
409031448
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
Documentation
Satisfied
D
A
D
A
CMPDOC3268
Note in file is incomplete
No
Page 1 of Note is missing, please provide complete note.
02/09/26 Client provided all pages to the Note.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX PITIAGuidelines require XXX or $ XXX X 9 = $ XXX
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XX in Current Profession
 
409031448
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
Documentation
Satisfied
D
A
D
A
CMPDOC3274
Mortgage/Deed in file is incomplete
No
Mortgage/Deed in file is incomplete, page 1 is missing from file.
02/09/26 Client provided all pages to the Mortgage.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX PITIAGuidelines require XXX or $ XXX X 9 = $ XXX
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XX in Current Profession
 
409031448
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
Finance Charge Tolerance
Satisfied
C
A
C
A
CMPFINT106
Finance charge understated by more than $100 (Pmt Stream)
No
The Finance Charge value of $XXX disclosed in Loan Calculations section of CD XXX does not match the calculated value of $XXX difference of $XXX. ARM Index lender used for calculations is less than Lowest Index Lookup.
02/09/26 Client provided an Email response from the Seller including a screen shot of their ARM Index testing. Condition remains. Seller used an Index Rate of 3.812 (FIR 6.500) which is lower than the lowest available Index Rate in the lookback period. Internal testing used Index Rate of 3.8434 (FIR 6.6250). Cure via refund check of $ XXX with corrected PCCD and proof of delivery that includes tracking information, OR reduce the Margin to match the FIR disclosed, all with LOE, proof of delivery with tracking and reopen rescission.02/10/26 Client provided an Email response from the Seller that includes their Index lookback information. Upon review by internal Compliance counsel, screenshots reflecting the XXX lookback date and rate is acceptable for testing purposes. Manual index testing performed with no violations.
Condition Satisfied. Manual Compliance Review.
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX PITIAGuidelines require XXX or $ XXX X 9 = $ XXX
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XX in Current Profession
 
409031448
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID4056
TRID - CD: The Total Payment Amount on the Loan Calculation section of the Final Closing Disclosure is less than the Clayton Calculated Total Payment Amount
No
The Total of Payments amount of $XXX disclosed on CD XXX in Loan Calculations does not equal the review calculation of $XXX difference of $XXX. ARM Index lender used for calculations is less than Lowest Index Lookup.
02/10/26 Client provided an Email response from the Seller that includes their Index lookback information. Upon review by internal Compliance counsel, screenshots reflecting the XXX lookback date and rate is acceptable for testing purposes. Manual index testing performed with no violations.
Condition Satisfied. Manual Compliance Review.
Numeric
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX PITIAGuidelines require XXX or $ XXX X 9 = $ XXX
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XX in Current Profession
 
409031466
XXXXXX
TN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
C
A
A
A
D
A
D
A
C
A
A
A
D
A
Compliance
Compliance Manual
Satisfied
D
A
D
A
CMPMAN2956
Missing disclosure
No
Per XXX, a revised Loan Estimate was issued on XXX which is missing from file. Provide all disclosures and corresponding COCs.
01/14/26 Client provided the missing Revised XXX LE package and COC.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  At job > XXX
 
409031466
XXXXXX
TN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
C
A
A
A
D
A
D
A
C
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3618
TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing
No
Final CD XXX is only CD in file. Product not disclosed at least XXX prior to closing date of XXX.
01/14/26 Client provided the missing Initial 11/26 CD package and Tracking.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  At job > XXX
 
409031466
XXXXXX
TN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
C
A
A
A
D
A
D
A
C
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3626
TRID - CD: Loan consummated before end of waiting period
No
CD XXX is only CD in file. Provide initial CD given to borrower at least three days prior to closing date of XXX.
01/14/26 Client provided the missing Initial XXX CD package and Tracking.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  At job > XXX
 
409031466
XXXXXX
TN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
C
A
A
A
D
A
D
A
C
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
XXX tolerance in the amount of $XXX as discount points increased without a COC in file. Condition is pending receipt of a Change of Circumstance, PCD reflecting lenders cure, LOE issued to borrower, a copy of refund and proof of delivery including shipping details and tracking information.
01/14/26 Client provided the missing Revised XXX LE package with COC for Points.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  At job > XXX
 
409031466
XXXXXX
TN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
C
A
A
A
D
A
D
A
C
A
A
A
D
A
Credit
Income/Employment
Satisfied
B
A
B
A
CRDINC2496
Verbal verification of employment completed outside the stated requirements and/or after closing/funding
No
Note date XXX.B2 WVOE dated XXX. Provide VOE dated within guideline requirements. May be subject to additional conditions upon review.
1.13.2026 Client provided email VVOE from employer dated XXX for B1 however initial condition is for B2 VVOE dated within XXX of Note date.  Condition remains
(No Data)
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  At job > XXX
 
409031466
XXXXXX
TN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
C
A
A
A
D
A
D
A
C
A
A
A
D
A
Credit
Title
Satisfied
C
A
C
A
CRDTIL875
Title Does Not Agree With Mortgage
No
B1 and B2:Title: 'as single persons or joined by their respective spouses, if married'Warranty Deed: 'wife and husband'DOT: 'Tenancy in Common'Per Final 1003's, both Borrowers are unmarried.Provide updated matching documents correcting above discrepancies. May be subject to additional conditions upon review.
2.5.2026 Client provided executed notarized Scrivener's Affidavit for Warranty Deed adding vesting to match Mortgage/Deed of Trust adding a single woman and a single man as Tenancy in Common however Warranty Deed in file (pg 459) reflected them as wife and husband however are single individuals, corrections made are only for vesting title names, Both borrowers were already reflected on Title and Deed, names did not change, only how vesting changed to match Deed of Trust.  Minor corrections made, no name change, Scrivener's Affidavit accepted with correction of vesting titles as single individuals.
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  At job > XXX
 
409031491
XXXXXX
MA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
B
A
A
A
D
A
D
A
B
A
A
A
D
A
Compliance
Compliance Manual
Satisfied
D
A
D
A
CMPMAN2956
Missing disclosure
No
Per Change of Circumstance XXX, a revised Loan Estimate was issued which is missing from file.
12/20/2025 Client provided missing LE XXX.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject; additional REOs are lien free.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
409031491
XXXXXX
MA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
B
A
A
A
D
A
D
A
B
A
A
A
D
A
Credit
Terms/Guidelines
Satisfied
B
A
B
A
CRDTER109
Cash Out Amount Exceeds Guidelines
No
Qualifying LTV is XXX% LTV. Max cash out for above LTV is XXXk. Final CD reflects $XXX.
12/18 Client changed loan to XXX AUS, CO restriction doesn't not apply on the AUS product
Satisfied
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject; additional REOs are lien free.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
409031621
XXXXXX
AZ
QM: Safe Harbor
QM: Safe Harbor (APOR)
B
B
A
A
A
A
B
B
B
B
A
A
A
A
B
B
Compliance
Right of Rescission
Waived
B
B
B
B
CMPROR1909
Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor
No
Per title commitment in file, loan originated with same lender. Incorrect ROR H-8 Form Used in Refinance with Original Creditor
XXX Client provided an exception approval for using incorrect ROR form
12/10/2025 Initial and final grade 2/B
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years XXX months at current job.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score XXX exceeds guideline minimum of XXX by 121 points.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX is below guideline maximum XXX by XXX.
 
409031659
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 51 points above the minimum required score of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI is below the maximum allowed DTI of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has $XXX available in reserves; $XXX in reserves required.
 
409031708
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX  Months
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require XXX  months or $ XXX  X XXX = $XXX
 
409031725
XXXXXX
DE
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
Federal Consumer Protection
Waived
B
B
B
B
CMPFDCP849
TILA - Required ARM Loan Program Disclosure missing
No
Required ARM Loan Program Disclosure missing in file. Loan change a loan product from Fixed to ARM on LE XXX but disclosure is missing.
12/15/2025 Client provided approved exception request for Required ARM Loan Program Disclosure.
Initial and Final Grade B.
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% CLTV below guideline requirements of XXX% per program.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
409031725
XXXXXX
DE
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
Zero Tolerance in amount of $XXX due to increase in Appraisal fee by $XXX (from $XXX on LE XXX to $XXX on final CD XXX) and added Inspection fee on LE XXX (that decreased on final CD XXX) with no valid COC in file to support this change. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.
12/15/2025 Client provided Duplicate LE XXX with COC XXX lock and PCCD XXX with cure.   Condition remains for Copy of $XXX cure check, LOE to Borrower and evidence of delivery via tracking. 12/17/2025 Client provided duplicate PCCD XXX with cure, copy of cure check, LOE to Borrower and in transit tracking.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% CLTV below guideline requirements of XXX% per program.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
409031726
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score; XXX required.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Verified reserves of $XXX or XXX months PITI; $XXX  or XXX months required.
 
409031726
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
D
A
D
A
CMPTRID5111
TRID - LE delivered only via e-mail but there is no prior e-sign consent in file; by regulation, LE must be treated as not delivered
No
LEs and CD e-signed by borrower; however, there is no prior e-sign consent in file.
XXX  Client provided accepted e-consent for the Borrower dated XXX.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score; XXX required.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Verified reserves of $XXX or XXX months PITI; $XXX  or XXX months required.
 
409031727
XXXXXX
DE
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX% below guideline requirement XXX%.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have been owning the departed property for XXX years.
 
409031729
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
A
A
D
A
D
B
D
B
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; max XXX % for XXX Overlay.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; XXX overlay allows down to XXX.
 
409031729
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
A
A
D
A
D
B
D
B
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3626
TRID - CD: Loan consummated before end of waiting period
No
Missing initial CD. Condition pending receipt initial CD w/ proof of delivery at least XXX days prior to consummation.
XXX  Client provided the e-signed XXX Initial CD.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; max XXX % for XXX Overlay.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; XXX overlay allows down to XXX.
 
409031729
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
A
A
D
A
D
B
D
B
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
D
A
D
A
CMPTRID5111
TRID - LE delivered only via e-mail but there is no prior e-sign consent in file; by regulation, LE must be treated as not delivered
No
Initial LE method of receipt E signed. No evidence of E consent provided. Missing E consent.
XXX Client provided the missing E-Consents.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; max XXX % for XXX Overlay.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; XXX overlay allows down to XXX.
 
409031729
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
A
A
D
A
D
B
D
B
A
A
D
A
Credit
Assets
Waived
D
B
D
B
CRDAST2670
Asset documentation is insufficient per guideline requirements
No
Missing an additional bank statement consecutive to the XXX  XXX acct dated XXX as required by DU.
XXX Client provided an approved exception to allow the file with 1 month statement
Upon review by Clayton SXXX Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; max XXX % for XXX Overlay.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; XXX overlay allows down to XXX.
 
409031729
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
A
A
D
A
D
B
D
B
A
A
D
A
Credit
Income/Employment
Waived
C
B
C
B
CRDINC2488
Verbal verification of employment missing
No
Missing verification of the existence of borrowers XXX employment to be verified through a third-party source and be no more than XXX calendar days prior to the Note date XXX Third party verification can be from a CPA, regulatory agency or applicable licensing bureau. A borrowers website is not acceptable third-party source.
XXX Client provide an approved exception to allow the file with the Borrower website VVOE
Upon review by Clayton XXX Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; max XXX % for XXX Overlay.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; XXX overlay allows down to XXX.
 
409031730
XXXXXX
DE
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX months with 0x30 Mortgage payment history exceeds guidelines of XXX months.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
409031731
XXXXXX
PA
QM: Rebuttable Presumption (APOR)
QM: Rebuttable Presumption (APOR)
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per Clayton Compliance department and TRID 2.0 revisions.  Exception satisfied. Final Grade A.
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require 6 months or $ XXX X XXX = $ XXX+ XXX Months for Additional REO or $ XXX X XXX = $ XXX
 
409031731
XXXXXX
PA
QM: Rebuttable Presumption (APOR)
QM: Rebuttable Presumption (APOR)
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Credit
Terms/Guidelines
Waived
B
B
B
B
CRDTER113
Loan amount is below guideline minimum
No
Single family conforming balance limit$XXX current loan amount $XXX
12/8 Client provided an approved exception to allow the file with a loan amount of $XXX
Clayton final grade is B
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require 6 months or $ XXX X XXX = $ XXX+ XXX Months for Additional REO or $ XXX X XXX = $ XXX
 
409031732
XXXXXX
DE
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied.
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrowers have XXX months of 0x30 on current mortgage
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves$XXX or XXX months PITI (Qualifying Rate)
 
409031732
XXXXXX
DE
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3626
TRID - CD: Loan consummated before end of waiting period
No
Initial CD dated XXX is not signed and there is no evidence in file of when it was delivered to borrower. Provide proof of borrowers receipt of initial CD.
12/15/2025 Client provided a duplicate of Initial CD XXX e-signed XXX.  Condition remains for CD XXX reflecting cash from Borrower $XXX proof of delivery for both minimum 3 days prior to consummation. 12/19/25 Client provided Tracking for the Initial XXX CD and the following Per Seller: Initial CD1 was sent out at 10:29 am and viewed by borrower. Document was not signed as borrower requested Loan amt change. Initial CD 2 was sent out at 3:47 pm with COC due to higher loan amount.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrowers have XXX months of 0x30 on current mortgage
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves$XXX or XXX months PITI (Qualifying Rate)
 
409031734
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Credit
Terms/Guidelines
Satisfied
D
A
D
A
CRDTER2548
Missing AUS or AUS errors present
No
File is missing AUS used to qualify.  Collateral Underwriter (CU) was used in lieu of a CDA or CCA
12/5 Client provided DUAE 2 supporting the approval
Satisfied
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX% below guideline requirement XXX%.
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Borrower 2 has>XXX years at current job
 
409031735
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Credit
Terms/Guidelines
Waived
B
B
B
B
CRDTER113
Loan amount is below guideline minimum
No
Loan amount below guideline minimums of $XXX current loan amount $XXX
12/8 Client provided an approved exception to allow the file with a loan amount of $XXX
Clayton final grade is B
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has been at departed residence> XXX years.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been at current job > XXX years.
 
409031737
XXXXXX
DE
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Credit
Terms/Guidelines
Waived
B
B
B
B
CRDTER113
Loan amount is below guideline minimum
No
Guidelines: Minimum loan amount is $XXXLoan amount is $XXX
12/5 Client provided an approved exception to allow the file with a loan amount of $XXX
Clayton final grade is B
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
409031740
XXXXXX
DE
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing updated valuation to support the appraisal value of $XXX. CU score is 2.8.
12/14 Client provided a CDA supporting the appraised value with a XXX% variance
Satisfied
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; XXX% max allowed.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score; XXX required.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; XXX% max allowed.
 
409031741
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Credit
Terms/Guidelines
Waived
B
B
B
B
CRDTER113
Loan amount is below guideline minimum
No
Single family conforming balance limit$XXX current loans amount $XXX
2/8 Client provided an approved exception to allow the file with a loan amount of $XXX
Clayton final grade is B
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score; XXX required.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Verified reserves of $XXX; total reserves required $XXX.
 
409031742
XXXXXX
DE
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require 6 months or $ XXX X XXX = $ XXX
 
409031743
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
C
B
A
A
A
A
C
B
C
B
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX  Months
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX  or XXX of PITIAGuidelines require XXX months or $ XXX  X XXX = $ XXX+ XXX Months for Additional REO or ( $ XXX X XXX  = $ XXX)
 
409031743
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
C
B
A
A
A
A
C
B
C
B
A
A
A
A
Credit
Terms/Guidelines
Waived
B
B
B
B
CRDTER113
Loan amount is below guideline minimum
No
minimum loan limit $XXX current loan amount $XXX
XXX Client provided an approved exception to allow the file with a loan amount of $XXX
Clayton final grade is B
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX  Months
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX  or XXX of PITIAGuidelines require XXX months or $ XXX  X XXX = $ XXX+ XXX Months for Additional REO or ( $ XXX X XXX  = $ XXX)
 
409031743
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
C
B
A
A
A
A
C
B
C
B
A
A
A
A
Credit
Terms/Guidelines
Waived
C
B
C
B
CRDTER3654
Borrower(s) do not meet guideline requirements for citizenship status
No
Loan is purchase of 2nd home.  Only Primary Residence is allowed for Non XXX XXX  XXX
XXX Client provded an approved exception to allow the file as a 2nd home with a XXX XXX
Upon review by Clayton XXX Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX  Months
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX  or XXX of PITIAGuidelines require XXX months or $ XXX  X XXX = $ XXX+ XXX Months for Additional REO or ( $ XXX X XXX  = $ XXX)
 
409031744
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing updated valuation CU score 3.3
12/9 Client provided a desk review supporting the appraised value
Satisfied
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX months PITI in reserves.
 
409031745
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Credit
Credit/Mtg History
Waived
B
B
B
B
CRDCRMH149
Missing support docs for VOM/VOR (e.g. cancelled checks)
No
Missing full XXX months of VOR.
12/4/25 Lender approved VOR for XXX months of on time rental history payments. Underwriter determined that is nonmaterial due to the following compensating factors of fico XXX, and minimal credit usage.
Final grade B.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Fico score XXX exceeds guide liines.
 
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrower has minimum credit usage of XXX%.
 
409031746
XXXXXX
PA
QM: Rebuttable Presumption (APOR)
QM: Rebuttable Presumption (APOR)
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing updated valuation supporting appraisal value of $XXX due to CU Score 2.8.
12/14 Client provided a CDA supporting the appraised value with a XXX% variance
Satisfied
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves verified meets XXX Overlay parameter.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have been at the same residence for XXX years.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; max XXX%.
 
409031748
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
B
B
A
A
C
B
C
B
B
B
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
Zero tolerance in the amount of $XXX due to Inspection fee was added to LE XXX with no COC in file. Condition pending receiving a Change of Circumstances or Post CD reflecting lenders cure, LOX, a copy of refund and proof of delivery including shipping details and tracking information.
XXX Client provided an LOE to borrower and $XXX refund check. Condition remains. Provide the PCCD reflecting the cure and the proof of delivery that includes tracking.XXX Client provided a XXX PCCD reflecting the cure credit. Condition remains for the proof of delivery with tracking information.XXX Client provided Delivered shipping label.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirements; no additional REO
 
409031748
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
B
B
A
A
C
B
C
B
B
B
A
A
C
B
Credit
Terms/Guidelines
Waived
B
B
B
B
CRDTER113
Loan amount is below guideline minimum
No
Guidelines: Minimum loan amount is $XXXLoan amount is : $XXX
XXXClient provided an approved exception to allow the file with a loan amount of $XXX
Clayton final grade is B
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirements; no additional REO
 
409031748
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
B
B
A
A
C
B
C
B
B
B
A
A
C
B
Credit
Terms/Guidelines
Waived
B
B
B
B
CRDTER3492
Patriot Act form not fully executed by all parties
No
1. Page 288 combined file: Patriot Act form is executed - but has no Borrower information.2. Page 289 combined file: Patriot Act form has Borrower information - but is not executed.Provide completed, third party executed Patriot Act form meeting requirements. May be subject to additional conditions upon review.
XXX Client provided an approved exception to allow the file with the Patriot info forms provided
Clayton final grade is B
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirements; no additional REO
 
409031750
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
A
C
B
D
B
A
A
D
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 77 points above minimum program requirement of XXX
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Borrower2 has XXX years at current employer.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower1 has XXX  years in line of work
 
409031750
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
A
C
B
D
B
A
A
D
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
Appraisal fee increased from LE XXX $XXX to CD XXX $XXX. COC issued XXX does not list fee amount or give sufficient details as to why fee increased. No cure provided on final CD. Condition pending receipt detailed COC with fee addition validated or Post CD reflecting lenders cure, LOX, Refund of $XXX w/ Proof of Delivery.
12/17/2025 Client provided PCCD XXX with cure, copy of cure check, LOE and in transit Shipping Label.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 77 points above minimum program requirement of XXX
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Borrower2 has XXX years at current employer.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower1 has XXX  years in line of work
 
409031750
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
A
C
B
D
B
A
A
D
A
C
B
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing Collateral Desktop Analysis (CDA) ordered from XXX or a Consolidated Collateral Analysis (CCA) from XXX required to support appraisal value of $XXX due to CU Score 4.4
12/14 Client provided a CDA supporting the appraised value with a XXX% variance
Satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 77 points above minimum program requirement of XXX
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Borrower2 has XXX years at current employer.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower1 has XXX  years in line of work
 
409031751
XXXXXX
DE
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX  is XXX points above minimum program requirement of XXX
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX % is lower the maximum amount of XXX%
 
409031752
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Credit
Terms/Guidelines
Waived
B
B
B
B
CRDTER113
Loan amount is below guideline minimum
No
Minimum loan amount $XXX current loan amount $XXX
XXX Client provided an approved exception toa allow the file with a a loan amount of $XXX
Clayton final grade is B
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX Months
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX  or XXX of PITIAGuidelines require XXX months or $ XXX X XXX = $ XXX+ XXX additional months for XXX Employed ( $ XXX = $ XXX )+ XXX  Months for Additional REO or ( $ XXX X XXX  = $ XXX )
 
409031753
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Credit
Terms/Guidelines
Waived
B
B
B
B
CRDTER113
Loan amount is below guideline minimum
No
Single family conforming balance limit$XXX current loan amount $XXX
XXX Client provided an approved exception to allow the file with a loan amount of $XXX
Clayton final grade is B
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX  Months
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXXV of PITIAGuidelines require XXX months or $ XXX  X XXX = $ XXX
 
409031755
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Credit
Terms/Guidelines
Waived
B
B
B
B
CRDTER113
Loan amount is below guideline minimum
No
Single family conforming balance limit$XXX  Current Original Principal Balance$XXX
XXX Client provided an approved exception to allow the file with a loan amount of $XXX
Clayton final grade is B
(No Data)
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower have been in the same line of work for XXX years
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI is below guideline maximum of XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXXcredit score is below guideline minimum of XXX
 
409031756
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Fico score XXX exceeds guide lines.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has stable employment with XXX years at current job.
 
409031757
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has XXX  months of 0x30 on current mortgage
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX score
 
409031757
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
D
A
D
A
CMPTRID3600
TRID - CD delivered only via e-mail but there is no prior e-sign consent in file; by regulation, CD must be treated as not delivered
No
Initial CD method of receipt E signed. No evidence E consent was provided. Missing E consent.
XXX Client provided the missing E-Consents.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has XXX  months of 0x30 on current mortgage
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX score
 
409031757
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
D
A
D
A
CMPTRID5111
TRID - LE delivered only via e-mail but there is no prior e-sign consent in file; by regulation, LE must be treated as not delivered
No
Initial LE method of receipt E signed. No evidence E consent was provided. Missing E consent.
XXX Client provided the missing E-Consents.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has XXX  months of 0x30 on current mortgage
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX score
 
409031759
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
C
B
D
B
D
A
A
A
C
B
Compliance
Documentation
Waived
C
B
C
B
CMPDOC3076
Legal document was not executed or is incomplete
No
Appraisal Report indicates SFR vs. MTG indicates PUD.
XXX Client provided an approved exception to allow the appraisal without correcting property type to PUD
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Fico score XXX exceeds guide lines.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in the same profession for XXX years.
 
409031759
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
C
B
D
B
D
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Fico score XXX exceeds guide lines.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in the same profession for XXX years.
 
409031759
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
C
B
D
B
D
A
A
A
C
B
Credit
Terms/Guidelines
Satisfied
D
A
D
A
CRDTER146
Missing lender's loan approval/underwriting form
No
Missing lender's 1008.
XXX Client provided the 1008
Satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Fico score XXX exceeds guide lines.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in the same profession for XXX years.
 
409031760
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX Months
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX  of PITIAGuidelines require XXX  months or $ XXX  X XXX = $ XXX
 
409031761
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
B
D
A
A
A
D
B
B
B
D
A
A
A
Credit
Terms/Guidelines
Waived
B
B
B
B
CRDTER4521
Loan Amount does not exceed SFR Conforming Balance Limit
No
Loan amount of $XXX does not met lender required minimum loan mount $XXX over current conforming ($XXX)loan limit.
XXX Client provided an approved exception to allow the file with a loan amount of $XXX
Clayton final grade is B
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been self employed for XXX years.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close reserves verified at $XXX required reserves are $XXX.
 
409031761
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
B
D
A
A
A
D
B
B
B
D
A
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing CDA. CU Score in file 3.1, guideline requires 2.5 and below.
XXX Client provided a CDA supporting the appraised value with a XXX% variance
Satisfied
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been self employed for XXX years.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close reserves verified at $XXX required reserves are $XXX.
 
409031762
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow down to XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX Months
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require XXX months or $ XXX  X XXX = $ XXX
 
409031763
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower Has Good Mortgage payment history with 0 Late Payments > XXX Months
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require XXX months or $ XXX  X XXX = $ XXX+ XXX Months for Additional REO or ( $ XXX  X XXX = $ XXX )
 
409031764
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Overlay allows down to 661.
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with XXX Late Payments > XXX Months
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require 6 months or $ XXX X XXX = $ XXX
 
409031765
XXXXXX
SC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID5095
TRID - Escrow Waiver Fee disclosed in Loan Costs but is not disclosed in Loan Disclosures
No
Final CD XXX, in Loan Costs section, Escrow Waiver Fee indicated; however,  the Loan Disclosures section is missing the fee amount. Condition is pending receipt of LOX with corrected PCD to borrower.
12/18/25 Client provided a corrected 12/11 PCCD and LOE to borrower.
Condition Satisfied.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX overlay allows down to 661
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require XXX months or $ XXX X XXX = $ XXX+XXX Months for Additional REO or ( $ XXX X XXX = $ XXX)
 
409031766
XXXXXX
SC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Overlay allows down to 661.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX Years at Current Residence
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
409031767
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX; Overlay allows down to 661.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $XXX or XXX of PITIAGuidelines require X months or $ XXX X XXX= $ XXX
 
409031768
XXXXXX
DE
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Credit
Credit/Mtg History
Satisfied
D
A
D
A
CRDCRMH189
Missing credit report
No
Missing credit report
XXX Client provided Credit report for both borrowers dated XXX
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX  qual score; Overlay allows down to XXX.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX Years at Current Residence
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
409031768
XXXXXX
DE
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Credit
Legal Documents
Satisfied
D
A
D
A
CRDLGL2422
Missing Purchase Contract
No
Purchase Contract missing.
XXX Client provided executed copy of Sales Contract price $XXX
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX  qual score; Overlay allows down to XXX.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX Years at Current Residence
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
409031769
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller-paid fee that should be disclosed in Section H is not disclosed on Final CD XXX; Seller's CD in file & able to test; Condition Satisfied.
(No Data)
Condition Satisfied.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Low DTI XXX Max DTI allowed is XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require 6 months or $ XXX X XXX = $ XXX+ XXX Months for Additional REO or ( $ XXX X XXX = $ XXX )
 
409031770
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing updated valuation to support $XXX Appraised Value due to CU Score 3.6.
12/14 Client provided a CDA supporting the appraised value with a 0% variance
Satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; Overlay allows down to 661.
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments >XXX Months
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require XXX months or $ XXX X XXX = $ XXX
 
409031771
XXXXXX
NC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX Months
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require XXX months or $ XXX X XXX = $ XXX+ XXX Months for Additional REO or ( $ XXX X XXX  = $ XXXC )
 
409031772
XXXXXX
SC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Credit
Terms/Guidelines
Waived
B
B
B
B
CRDTER3122
Loan documents do not meet guideline requirements
No
Subject property is purchase of second home outside approved area in South Carolina
XXX Exception approved XXX to allow purchase of second home outside approved area in South Carolina
Clayton initial & final grade of B
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $XXX or XXX of PITIAGuidelines require XXX months or $ XXX  X XXX = $ XXX+ XXX Months for Additional REO or ( $XXX  X XXX = $ XXX )
 
409031773
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
B
D
A
A
A
D
B
C
B
D
A
A
A
Credit
Assets
Waived
C
B
C
B
CRDAST3078
Insufficient # of months cash reserves for PITI per guideline requirements
No
Post Close Assets are $ XXX or XXX of PITIA. Guidelines require XXX months or $ XXX X XXX = $ XXX
12/9 Client provided an approved exception to allow the file with 5.61 months reserves
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX Years at Current Residence
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Low LTV/CLTV/HLTV XXX Guidelines allow XXX
 
409031773
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
B
D
A
A
A
D
B
C
B
D
A
A
A
Credit
Terms/Guidelines
Waived
B
B
B
B
CRDTER110
Loan amount exceeds guideline maximum
No
Loan amount exceeds guideline maximum. Max Loan Amount for Primary CashOut with aXXXX credit score is $XXX, Subject Loan Exceeds $XXX
12/9 Client provided an approved exception to allow the loan amount over 1mm with cash out
Clayton final grade is B
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX Years at Current Residence
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Low LTV/CLTV/HLTV XXX Guidelines allow XXX
 
409031773
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
B
D
A
A
A
D
B
C
B
D
A
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing updated valuation to support $ XXX Appraised Value
12/15 Client provided an AVM supporting the appraised value
SAtisfied
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX Years at Current Residence
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Low LTV/CLTV/HLTV XXX Guidelines allow XXX
 
409031774
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
C
B
D
B
D
A
A
A
C
B
Compliance
Federal Consumer Protection
Waived
B
B
B
B
CMPFDCP849
TILA - Required ARM Loan Program Disclosure missing
No
Missing ARM Disclosure.
XXX Client provided approved exception request for Required ARM Loan Program Disclosure.
Initial and Final Grade B.
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have been at current residence >XXX years.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been at current job >XXX years.
 
409031774
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
C
B
D
B
D
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3626
TRID - CD: Loan consummated before end of waiting period
No
Missing confirmation for borrower receipt of Initial CD.
XXX Client provided Disclosure tracking details reflecting that Borrower received Initial CD XXX
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have been at current residence >XXX years.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been at current job >XXX years.
 
409031774
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
C
B
D
B
D
A
A
A
C
B
Credit
Assets
Satisfied
C
A
C
A
CRDAST206
Asset Amounts Are Unsupported by Documentation in File
No
Missing XXX agreement/ proof of withdrawal of XXX used to close the loan.
XXX Client provided the XXX statement
Satisfied
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have been at current residence >XXX years.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been at current job >XXX years.
 
409031774
XXXXXX
PA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
C
B
D
B
D
A
A
A
C
B
Credit
DTI
Satisfied
D
A
D
A
CRDDTI2540
Missing verification of some or all components of non-subject PITI
No
Missing evidence to validate the terms and payment of the $XXX  XXX secured by the borrowers' 2nd Home being used to calculate the transaction DTI.
XXX Client provided the XXX agreement
Satisfied
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have been at current residence >XXX years.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been at current job >XXX years.
 
409031777
XXXXXX
FL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
A
C
B
D
B
A
A
D
A
C
B
Compliance
Finance Charge Tolerance
Satisfied
C
B
C
B
CMPFINT4372
TILA/TRID-Disclosed Amount Financed is higher than Clayton's calculated Amount Financed
No
The Final Closing Disclosure XXX reflects the Amount Financed as $XXX, review calculation is $XXX, a difference of $XXX.
XXX Client provided an LOE to borrower, PCCD and $XXX refund check. Condition remains for the proof of shipment.XXX Client provided the shipping label and proof of delivery.
Condition Satisfied.
Numeric
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have owned their primary residence for XXX years XXX months.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have XXX months of PITIA available in reserves; XXX months required.
 
409031777
XXXXXX
FL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
A
C
B
D
B
A
A
D
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have owned their primary residence for XXX years XXX months.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have XXX months of PITIA available in reserves; XXX months required.
 
409031777
XXXXXX
FL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
A
C
B
D
B
A
A
D
A
C
B
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing CDA or CCA supporting appraised value of $XXX
XXX Client provided a CDA supporting the appraised value with a XXX% variance
Satisfied
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have owned their primary residence for XXX years XXX months.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have XXX months of PITIA available in reserves; XXX months required.
 
409031779
XXXXXX
PA
QM: Rebuttable Presumption (APOR)
QM: Rebuttable Presumption (APOR)
C
B
C
B
A
A
A
A
C
B
C
B
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
The Final Closing Disclosure does not reflect all the required Seller paid closing fees.
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been with current employer since XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX DTI using the qualifying rate (note rate + XXX) is below the maximum allowed DTI of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX months of PITIA available in reserves; XXX months required.
 
409031779
XXXXXX
PA
QM: Rebuttable Presumption (APOR)
QM: Rebuttable Presumption (APOR)
C
B
C
B
A
A
A
A
C
B
C
B
A
A
A
A
Credit
LTV/CLTV
Waived
C
B
C
B
CRDLTV3026
LTV Exceeds Guideline Requirement by at least 5%, but less than 10%
No
Subject loan LTV of XXX exceeds the maximum allowable LTV of XXX due to ARM loan and use of gift funds.
12/9 Client provided an approved exception to allow the file with XXX% LTV
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been with current employer since XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX DTI using the qualifying rate (note rate + XXX) is below the maximum allowed DTI of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX months of PITIA available in reserves; XXX months required.
 
409031792
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is XXX points above minimum program requirement of XXX
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX  years XXX months at current employer.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower had XXX years XXX  months at departing residence
 
409031803
XXXXXX
PA
QM: Rebuttable Presumption (APOR)
QM: Rebuttable Presumption (APOR)
D
B
C
B
A
A
D
B
D
B
C
B
A
A
D
B
Compliance
Ability to Repay/Qualified Mortgage
Waived
D
B
D
B
CMPATRQM3220
TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.
No
Missing additional eligible funds to use for asset depletion as outlined in FNMA's seller guide for Employment-Related Assets as Qualifying Income to meet the XXX Overly DTI max of XXX%.
XXX Client provided an exception to allow the file using XXX% of assets for asset depletion
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX LTV is below guideline maximum of XXX
 
409031803
XXXXXX
PA
QM: Rebuttable Presumption (APOR)
QM: Rebuttable Presumption (APOR)
D
B
C
B
A
A
D
B
D
B
C
B
A
A
D
B
Credit
DTI
Waived
C
B
C
B
CRDDTI187
Debt Ratio > 60%
No
XXXX DTI exceeds the XXX Overlay max of XXX due to review's asset depletion approach based on FNMA's employment-related assets as qualifying income for a borrower < XXX yrs. old of XXX accts ($XXX + XXX)*XXX + investment accts ($XXX + $XXX)*XXX%= $XXX/XXX(loan term)= $XXX/mo. and total debts of $XXX/mo. Lender used XXX of all borrower funds including ineligible checking/savings and real estate sale proceeds minus funds to close, emd and reserves divided by onlyXXX months, resulting in $XXX/mo. and a XXX% DTI. FNMA seller guide outlines the use of eligible funds for this income type in sect. B3-XXX
XXX Client provide an  approved exception  to allow XXX% of assets for depletion over XXX months DTI XXX
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX LTV is below guideline maximum of XXX
 
409031835
XXXXXX
MA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% CLTV below guideline requirements of XXX% per program.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX PITIA in reserves.
 
409032147
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is below guideline maximum of XXX%
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying Rate DTI of XXX% is below guideline maximum of XX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
409032168
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require XXX or $XXX X 9 = $ XXX
 
409032545
XXXXXX
MA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
Documentation
Satisfied
D
A
D
A
CMPDOC191
Missing Mortgage
No
Missing Mortgage & applicable riders.
XXX Client provided the missing, recorded Mortgage and Riders.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX Months
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  ASSETPost Close Assets are $ XXX or XXX of PITIAGuidelines require XXX months or $ XXX X XXX = $ XXX+ 3XXX Months for Additional REO or $ XXX X XXX = $ XXX
 
409032545
XXXXXX
MA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX Months
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  ASSETPost Close Assets are $ XXX or XXX of PITIAGuidelines require XXX months or $ XXX X XXX = $ XXX+ 3XXX Months for Additional REO or $ XXX X XXX = $ XXX
 
409032545
XXXXXX
MA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
Lender credit decreased from initial LE $XXX to final CD $XXX. No COC provided listing credit decrease or any details as to why credit decreased. Condition pending receipt detailed COC with decrease validated or Post CD reflecting lenders cure, LOX, Refund of $XXX w/ Proof of Delivery.
XXX Client provided COC XXX reflecting rate lock extended with decreased Lender Credit.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX Months
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  ASSETPost Close Assets are $ XXX or XXX of PITIAGuidelines require XXX months or $ XXX X XXX = $ XXX+ 3XXX Months for Additional REO or $ XXX X XXX = $ XXX
 
409032548
XXXXXX
AL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX PITIAGuidelines require XXX or $ XXX X 6 = $ XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with XXX Late Payments > XXX
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
409032588
XXXXXX
MN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
A
A
A
D
B
D
B
B
A
A
A
D
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3618
TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing
No
CD: XXX, Section: Loan Information,  Introductory Period/Interval Years, Value is XXXCD: XXX, Introductory Period/Interval Years, Value is XXX and CD: XXX Introductory Period/Interval Years, Value is XXX. Change of Product or Product Feature not disclosed at least XXX prior to closing.
12/31/25 Client provided the XXX CD and the XXX Cert reflecting delivery to the Co-Borrower only (Viewed on XXX). Condition remains. For further testing, provide the XXX CD XXX Cert for the primary Borrower. Subject to re-review.01/08/26 Client provided the Envelope History confirming the Borrower viewed the CD in XXX.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 128 points above the minimum required score of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have XXX of PITIA available in reserves; XXX required.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI using the fully indexed rate is below the maximum allowed DTI of XXX%.
 
409032588
XXXXXX
MN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
A
A
A
D
B
D
B
B
A
A
A
D
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
XXX tolerance in the amount of $XXX as Tax Service Fee increased without a valid COC in file. Condition pending receiving a valid Change of Circumstances or Post CD reflecting lenders cure, LOX, a copy of refund and proof of delivery including shipping details and tracking information.
01/06/2026 Client provided PCCD XXX with Principal reduction, LOE and Loan Transaction History reflecting payment applied.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 128 points above the minimum required score of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have XXX of PITIA available in reserves; XXX required.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI using the fully indexed rate is below the maximum allowed DTI of XXX%.
 
409032588
XXXXXX
MN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
A
A
A
D
B
D
B
B
A
A
A
D
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
D
A
D
A
CMPTRID5111
TRID - LE delivered only via e-mail but there is no prior e-sign consent in file; by regulation, LE must be treated as not delivered
No
LEs e-signed by both borrowers; however, there is no prior e-sign consent in file. Provide e-Consent for all borrowers.
12/31/25 Client provided the E-Sign Invitation XXX reflecting both e-consents.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 128 points above the minimum required score of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have XXX of PITIA available in reserves; XXX required.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI using the fully indexed rate is below the maximum allowed DTI of XXX%.
 
409032588
XXXXXX
MN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
A
A
A
D
B
D
B
B
A
A
A
D
B
Credit
Credit/Mtg History
Satisfied
B
A
B
A
CRDCRMH124
Collections, Liens, etc. not paid as required by guidelines
No
File is missing documentation verifying judgment reported on title in the amount of $XXX has been paid and released.
12/28 Client provided an affidavit, notarized,  from the Borrowers that the Judgement is unrelated to them
Satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 128 points above the minimum required score of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have XXX of PITIA available in reserves; XXX required.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI using the fully indexed rate is below the maximum allowed DTI of XXX%.
 
409032599
XXXXXX
AZ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
C
B
A
A
A
A
C
B
C
B
A
A
A
A
Credit
Income/Employment
Satisfied
C
A
C
A
CRDINC150
Income docs do not meet guidelines
No
Missing Income WS for XXX calculations
XXX Client provided Lender income worksheet supporting monthly income used for qualifying (per 1008)
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $XXX or XXX of PITIAGuidelines require XXX months or $ XXXX XXX = $  XXX+ XXX additional months for XXX ( $ XXXX XXX = $ XXX )+ X Months for Additional REO or ( $ XXX X XXX = $ XXX)
 
409032599
XXXXXX
AZ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
C
B
A
A
A
A
C
B
C
B
A
A
A
A
Credit
Insurance
Waived
B
B
B
B
CRDINSR5351
Insurance Effective date is greater than the transaction date
No
Insurance Effective Date XXX is greater than the transaction date of XXX Per final CD disbursement date is XXX      Condition Waived
Client provided waiver for hazard insurance not in effect at time of closing, however valid at time of delivery to XXX for purchase review
Clayton initial and final grade of B
Not Applicable
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $XXX or XXX of PITIAGuidelines require XXX months or $ XXXX XXX = $  XXX+ XXX additional months for XXX ( $ XXXX XXX = $ XXX )+ X Months for Additional REO or ( $ XXX X XXX = $ XXX)
 
409032619
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
XXX tolerance in the amount of $XXX as HOA Master Policy fee was added to CD XXX without a COC in file. Condition pending receiving a valid Change of Circumstances or Post CD reflecting lenders cure, LOX, a copy of refund and proof of delivery including shipping details and tracking information.
01/26/2026 Client provided PCCD with cure, copy of cure check, LOE and verified delivered XXX tracking.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI  XXX% below guideline requirement XXX%.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV  XXX% below guideline requirements XXX%
 
409032827
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Property Valuations
Value
Satisfied
D
A
D
A
PRVAVALU3872
Missing Initial Valuation Product
No
Missing Valuation that supports the original appraisal value
12.21.2025 Client provided 3rd party CDA valuation supporting appraised value with XXX% variance
Condition satisfied
(No Data)
Not Applicable
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Co Borrower at current employment XXX years
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score XXX
 
409032911
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
D
A
D
A
D
A
A
A
D
A
Compliance
Ability to Repay/Qualified Mortgage
Satisfied
D
A
D
A
CMPATRQM3220
TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.
No
Determine status upon review / receipt of REO PITI docs
12.15.2025 Client provided mtg statement verifying PITI of $XXX (including escrows) for departure residence.
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS2854: Significant time in profession
- Clayton Comments:  XXX years same line of work
 
409032911
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
D
A
D
A
D
A
A
A
D
A
Compliance
RESPA
Satisfied
B
A
B
A
CMPRESPA2698
RESPA - List of homeowners counseling organizations not in file
No
List of homeowners counseling organizations not in file
12/12/2025 Client provided missing Homeowners Counseling Organization List dated XXX.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS2854: Significant time in profession
- Clayton Comments:  XXX years same line of work
 
409032911
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
D
A
D
A
D
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
The Final Closing Disclosure does not reflect all the required Seller paid closing fees.
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS2854: Significant time in profession
- Clayton Comments:  XXX years same line of work
 
409032911
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
D
A
D
A
D
A
A
A
D
A
Credit
DTI
Satisfied
D
A
D
A
CRDDTI2540
Missing verification of some or all components of non-subject PITI
No
Provide sufficient documentation supporting $XXX PITI payment on departing residence first mortgage. Subject to DTI recalc and may be subject to additional conditions upon review.
12.15.2025 Client provided mtg statement verifying PITI of $XXX (including escrows) for departure residence.
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS2854: Significant time in profession
- Clayton Comments:  XXX years same line of work
 
409032911
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
D
A
D
A
D
A
A
A
D
A
Credit
Insurance
Satisfied
C
A
C
A
CRDINSR289
Insufficient Hazard Insurance Coverage
No
Provide updated policy with dwelling coverage for XXX loan amount.May be subject to additional conditions upon review.
12.15.2025 Client provided estimated replacement cost worksheet, HOI reflect sufficient coverage
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS2854: Significant time in profession
- Clayton Comments:  XXX years same line of work
 
409032936
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
D
A
D
A
CMPTRID3600
TRID - CD delivered only via e-mail but there is no prior e-sign consent in file; by regulation, CD must be treated as not delivered
No
CD delivered only via e-mail but there is no prior e-sign consent in file.
01/09/26 Client provided the missing E-Consent.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX at current job.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX% is less than maximum allowed XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX/XXX for reserves is sufficient to cover required$XXX
 
409032936
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
D
A
D
A
CMPTRID5111
TRID - LE delivered only via e-mail but there is no prior e-sign consent in file; by regulation, LE must be treated as not delivered
No
LE delivered only via e-mail but there is no prior e-sign consent in file.
01/09/26 Client provided the missing E-Consent.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX at current job.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX% is less than maximum allowed XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX/XXX for reserves is sufficient to cover required$XXX
 
409032947
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
B
B
D
A
D
B
A
A
B
B
D
A
Compliance
Compliance Manual
Satisfied
D
A
D
A
CMPMAN2956
Missing disclosure
No
Per Disclosure Tracking Summary, a Revised CD was issued on XXX and a PCD on XXX which are missing from file.
01/22/26 Client provided an LOE from Seller and updated Tracking. Neither CD was delivered to borrower.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 72 points above the minimum required score of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI using higher lender calculated fully indexed rate is below the maximum allowed DTI of XXX%.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been XXX with current business since XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has $XXX available in reserves; $XXX in reserves required.
 
409032947
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
B
B
D
A
D
B
A
A
B
B
D
A
Property Valuations
Property
Waived
B
B
B
B
PRVAPROP277
Currently Listed for Sale
No
Subject property was listed for sale at the time of the loan application and is ineligible for a refinance. Upon further review XXX determined the guideline violation is non-material due to the following compensating factors; XXX% LTV with max of XXX%, XXX qual score with min of XXX, XXX% DTI with max of XXX% and $XXX verified reserves over the $XXX requirement.
(No Data)
1.14.26- waived.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 72 points above the minimum required score of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI using higher lender calculated fully indexed rate is below the maximum allowed DTI of XXX%.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been XXX with current business since XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has $XXX available in reserves; $XXX in reserves required.
 
409032987
XXXXXX
FL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Compliance
RESPA
Satisfied
B
A
B
A
CMPRESPA863
RESPA: Required Affiliate Business Disclosure missing
No
Missing Affiliate Business Disclosure
01/12/2026 Client provided an attestation stating they are not affiliated with anyone.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX at Current Residence
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX in Current Profession
 
409032987
XXXXXX
FL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX at Current Residence
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX in Current Profession
 
409033256
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
A
A
A
A
B
B
B
B
A
A
A
A
B
B
Compliance
Right of Rescission
Waived
B
B
B
B
CMPROR1909
Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor
No
Per title commitment in file, loan originated with same lender. Incorrect ROR H-8 Form Used in Refinance with Original Creditor
1/29/2026 Client provided an exception approval for using incorrect ROR form
1/29/2026 Initial and final grade 2/B
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has stable employment with XXX at current job.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Fico score XXX exceeds guide lines.
 
409033267
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
A
A
D
B
D
B
A
A
A
A
D
B
Compliance
Compliance Manual
Satisfied
D
A
D
A
CMPMAN2956
Missing disclosure
No
Missing CD issued at Closing
01/28/26 Client provided the missing, fully executed XXX Final CD.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX%
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower at current job XXX
 
409033267
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
A
A
D
B
D
B
A
A
A
A
D
B
Compliance
Finance Charge Tolerance
Satisfied
C
A
C
A
CMPFINT106
Finance charge understated by more than $100 (Pmt Stream)
No
Finance charge exception triggered due to Index used for calculations does not match Note/ARM Rider Index.
01/28/26 Client provided the missing, fully executed XXX Final CD. Re-testing results in no violation.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX%
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower at current job XXX
 
409033267
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
A
A
D
B
D
B
A
A
A
A
D
B
Compliance
Right of Rescission
Waived
B
B
B
B
CMPROR1909
Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor
No
Per preliminary title in file, loan originated with same lender. Incorrect ROR H-8 Form Used in Refinance with Original Creditor
1/8/2026 Client provided an exception approval for using incorrect ROR form
1/8/2026 Initial and final grade 2/B
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX%
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower at current job XXX
 
409033267
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
A
A
D
B
D
B
A
A
A
A
D
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
XXX Tolerance Fee of $$XXX due to addition of Appraisal Desk Review in the amount of $XXX on CD XXX and Transfer Taxes in the amount of $XXX were added to PCD. Missing valid Change of Circumstance, or Post Close CD, LOX and copy of refund check to borrower.
01/28/26 Client provided the missing, fully executed XXX Final CD. Re-testing still results in a XXX Tolerance violation of $XXX due to the addition of an Appraisal Desk Review Fee on the Revised XXX LE (COC does not reflect a valid change in circumstance explanation) and added Transfer Taxes on the Final XXX CD without any COC in file. Provide valid change documents for these fee additions, OR provide borrower with a $XXX refund, PCCD with cure, LOE and proof of delivery that includes tracking information.01/30/26 Client provided a revised XXX COC with LE and the missing XXX COC with CD. Validating the added Transfer Taxes at Closing, however it's still unclear what the change in circumstance was for the added CDA Fee. Provide documentation, from the time of the change, to support the added CDA Fee, OR provide borrower with a $XXX refund, PCCD with cure, LOE and proof of delivery that includes tracking information.02/03/26 Client provided an Email rebuttal from the Lender stating the COC says why the CDA fee was added. Condition remains. The COC indicates the CDA fee would be added / required to support value of the appraisal, however it does indicate what "change occurred" that prompted the need for the CDA. Provide supporting change documents that validate why the CDA fee was added. Subject to re-review.02/06/2026 Client provided COC XXX reflecting CDA fee required to support value of the appraisal and due to LCA score of XXX. Anyting over XXX requires a CDA.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX%
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower at current job XXX
 
409033267
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
A
A
D
B
D
B
A
A
A
A
D
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID4056
TRID - CD: The Total Payment Amount on the Loan Calculation section of the Final Closing Disclosure is less than the Clayton Calculated Total Payment Amount
No
Total Payment Amount exception triggered due to Index used for calculations does not match Note/ARM Rider Index.
01/28/26 Client provided the missing, fully executed XXX Final CD. Re-testing results in no violation.
Condition Satisfied.
Numeric
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX%
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower at current job XXX
 
409033267
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
A
A
D
B
D
B
A
A
A
A
D
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID4043
TRID - CD: The Index on the AIR Table of the Final Closing Disclosure does not match the Index on the Note
No
CD XXX, AIR Table Index does not have a value while Note and ARM Rider value is XXX XXX average. . Condition is pending LOX with corrected PCD to borrower.
01/20/26 Client provided a XXX PCCD adding the Index of XXX_XXXAvg to the AIR Table. Condition remains for the LOE to Borrower.01/28/26 Client provided the missing XXX Final CD and duplicate copy of the corrected XXX PCCD. Condition remains for the LOE to Borrower (for the PCCD).01/30/26 Client provided the XXX COC/LE and XXX COC/CD. Condition remains for the LOE associated with the XXX PCCD.02/03/26 Client provided an Email LOE to the borrowers.
Condition Satisfied.
Numeric
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX%
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower at current job XXX
 
409033271
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP849
TILA - Required ARM Loan Program Disclosure missing
No
Required ARM Loan Program Disclosure missing.
01/30/26 Client provided the missing ARM Program disclosure. Tracking in file confirms delivery on XXX.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; below guideline requirement of XXX%.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; below guideline requirements of XXX% per program.
 
409033274
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower at current employment XXX
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Co borrower at current employment XXX
 
409033278
XXXXXX
CT
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
A
A
A
A
B
B
B
B
A
A
A
A
B
B
Compliance
Right of Rescission
Waived
B
B
B
B
CMPROR1909
Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor
No
Per Title Commitment in file, loan originated with the same lender. Incorrect H8 ROR form was used instead of H9 form
1/3/26 Client provided an approved exception for using incorrect ROR form
1/3/26 Initial and final grade 2/B
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; using qual rate $XXX*9= $XXX reserves required.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; max XXX%.
 
409033290
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been at current job >XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX% below guideline requirements XXX%.
 
409033304
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing updated valuation to support Appraised Value of $ XXX
1.8.2026 Client provided 3rd party CDA valuation supporting appraised value with XXX% variance
Condition satisfied
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX at Current Residence
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $XXX or XXX PITIAGuidelines require XXXs or $ XXX X 12 = $ XXX
 
409033305
XXXXXX
NC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
A
C
B
D
B
A
A
D
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
XXX tolerance in amount of $XXX due to increased some Title fees paid to Affiliate on final CD XXX with no COC in file to support it. As Title company was selected by borrower from SPL, title fees paid to Affiliate are tested for XXX% violation. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.
01/29/2026 Client provided PCCD XXX with Principal reduction, LOE and Loan Transaction History reflecting payment applied.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  > XXX at job
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
409033305
XXXXXX
NC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
A
C
B
D
B
A
A
D
A
C
B
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Provide Missing updated valuationAppraised value not yet supported by XXX CU score.May be subject to additional conditions upon review.
1.27.2026 Client provided copy of LP Accept streamlined findings to allow for use of LCA Risk XXX; file was previously reviewed to DU however re-reviewed to LP Accept allowing for use of LCA Risk XXX
Condition satisfied
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  > XXX at job
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
409033307
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
C
B
D
B
D
A
A
A
C
B
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP849
TILA - Required ARM Loan Program Disclosure missing
No
Missing ARM Loan Program Disclosure
01/02/2026 Client provided Email to Borrower for the delivery of the ARM Disclosure stating that the Early ARM Disclosure was not included in the Initial disclosure package sent out on XXX.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been with current employer since XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 117 points above the minimum required score of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI using the fully indexed rate is below the maximum allowed DTI of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITIA available in reserves; XXX required.
 
409033307
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
C
B
D
B
D
A
A
A
C
B
Compliance
Federal Consumer Protection
Waived
B
B
B
B
CMPFDCP847
TILA - ARM Loan Program Disclosure after 3 days from application
No
***01/02/2026 Client provided Email to Borrower for the delivery of the ARM Disclosure stating that the Disclosure was not included in the Initial disclosure package sent out on XXX. Document was delivered after XXX from application.
01/07/26 Client provided an approved exception for the ARM Program Disclosure timing not met.
Initial and Final Grade B.
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been with current employer since XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 117 points above the minimum required score of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI using the fully indexed rate is below the maximum allowed DTI of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITIA available in reserves; XXX required.
 
409033307
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
C
B
D
B
D
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3676
TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation.
No
XXX% tolerance fee in the amount of $XXX as Recording Fee increased without a COC in file. Condition pending receiving a valid Change of Circumstances or Post CD reflecting lenders cure, LOX, a copy of refund and proof of delivery including shipping details and tracking information.
01/06/2025 Client provided Duplicates of Initial CD, Final CD and COC XXX.  Condition remains.  All title fees in section B are not payable to the provider on the SPL, therefore all are testing as zero tolerance. The recording fee by itself is testing as XXX% for the increase from $XXX on the Initial LE to To $XXX on CD XXX to $XXX on CD XXX and down to $XXX on the last PCCD's.   The Lender Credit also does not reflect any exceeds Legal Limit verbiage and does not apply toward any tolerance amount.  Provide PCCD with cure, copy of cure check, LOE to Borrower and evidence of delivery via tracking. 01/07/26 Client provided an Email with Seller response: The XXX% tolerance amount is the total amount of fees in that category; not specifically to the recording fees section. On 11/19 when we sent this revised LE, the Good Faith Baseline amount was $XXX so we could have increased fees up to $XXX without a tolerance cure. Even though the recording fees increased on XXX, the total fees in that XXX% category were reduced to $XXX so we were still withing tolerance limits. Condition remains. The Title fees in Section B are not payable to the provider on the SPL. Since borrower chose a different provider, those fees are excluded from the XXX% bucket, leaving the Recording Fee alone in XXX%. 01/09/2026 Client provided a screen shot of email sent to Borrower reflecting a cure $XXX deposited to a Bank account.  Condition remains for the PCCD reflecting the Lender Credit Cure and Supporting documentation that the refund was provided to an account of the Borrower.  01/09/26 Client provided a XXX PCCD with cure credit. Condition remains. Provide the evidence of delivery for the refund into the borrower's account.01/12/26 Client provided a screenshot of the Borrower's account with the $XXX deposit.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been with current employer since XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 117 points above the minimum required score of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI using the fully indexed rate is below the maximum allowed DTI of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITIA available in reserves; XXX required.
 
409033307
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
C
B
D
B
D
A
A
A
C
B
Credit
Income/Employment
Satisfied
C
A
C
A
CRDINC2488
Verbal verification of employment missing
No
File is missing a Verbal Verification of Employment (VVOE) performed no more than XXX (XXX) XXX prior to the Note date.
1.5.2026 Client provided VVOE dated XXX (prior to closing within XXX) and (post close dated) XXX
Condition satisfied
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been with current employer since XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 117 points above the minimum required score of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI using the fully indexed rate is below the maximum allowed DTI of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITIA available in reserves; XXX required.
 
409033307
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
C
B
D
B
D
A
A
A
C
B
Credit
Income/Employment
Satisfied
D
A
D
A
CRDINC3204
Income Documentation Missing
No
File is missing an RSU vesting schedule that identifies the borrower as the account owner.  Vesting schedule provided in the file does not show the account owner.
1.2.2026 Client provided RSU vesting award summary verifying borrower as XXX and RSU monthly income used for qualifying is supported along with continuance.
Condition satisfied
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been with current employer since XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 117 points above the minimum required score of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI using the fully indexed rate is below the maximum allowed DTI of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITIA available in reserves; XXX required.
 
409033307
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
A
A
C
B
D
B
D
A
A
A
C
B
Credit
Insurance
Satisfied
B
A
B
A
CRDINSR289
Insufficient Hazard Insurance Coverage
No
Hazard insurance dwelling coverage of $XXX is insufficient.  A replacement cost estimate from the insurance provider is required.
1/02/2026 client provided RCE which showed sufficient coverage.
Condition satisfied.
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been with current employer since XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 117 points above the minimum required score of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI using the fully indexed rate is below the maximum allowed DTI of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITIA available in reserves; XXX required.
 
409033308
XXXXXX
IL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
C
B
A
A
A
A
C
B
C
B
A
A
A
A
Credit
Income/Employment
Waived
C
B
C
B
CRDINC2488
Verbal verification of employment missing
No
File is missing a VOE for B1.
1.2.2025 Client provided SOS dated XXX for XXX B2 business however it appears B1 works for B2 XXX.  Initial condition remains for VVOE for B1 (wage earner, not self employment) 1/6 Client provided an approved exception to allow the file without additonal VVOE
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; XXX years in XXX, Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; XXX% max allowed.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score; XXX required.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; XXX% max allowed.
 
409033309
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
C
A
C
A
C
A
A
A
C
A
C
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3676
TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation.
No
XXX% Tolerance Fee of $XXX due to Recording Fees increased from $XXX on Initial CD XXX to $XXX on Final CD XXX with no COC in file. Condition is pending receiving PCD reflecting lenders cure, LOE to borrower, a copy of refund
01/20/26 Client provided the XXX Post (Funding) CD, ALTA and Disbursement Summary showing the reduced Recording Fee at Funding (overage refunded).
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $XXX or XXX PITIAGuidelines require XXX or $ XXX X 6 = $ XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX in Current Profession
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
409033309
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
C
A
C
A
C
A
A
A
C
A
C
A
Property Valuations
Property
Satisfied
C
A
C
A
PRVAPROP177
Property Issues Indicated
No
Photo page 38 indicates an outside laundry area.  Provide further clarification if this is typical in the market area; are the washer/dryer units properly vented; are the units exposed to weather elements; and do they pose a health or safety hazard ?
1.14.2026 Client provided updated appraisal with appraiser commenting on the outside Laundry area, typical for area no affect on marketability and is typical with posing no health or safety hazard
Condition satisfied
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $XXX or XXX PITIAGuidelines require XXX or $ XXX X 6 = $ XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX in Current Profession
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
409033328
XXXXXX
FL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
Documentation
Satisfied
D
A
D
A
CMPDOC191
Missing Mortgage
No
Missing Mortgage & applicable riders.
01/15/26 Client provided the fully executed Mortgage and Riders.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%  below guideline requirement XXX%
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV  XXX% below guideline requirements XXX%.
 
409033328
XXXXXX
FL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
Documentation
Satisfied
D
A
D
A
CMPDOC3274
Mortgage/Deed in file is incomplete
No
01/15/26 Client provided the missing Mortgage and Riders, however page 16 of 16 is missing. Provide page 16 of the Mortgage.
01/23/2026 Client provided the complete, executed Mortgage with notary and Riders.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%  below guideline requirement XXX%
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV  XXX% below guideline requirements XXX%.
 
409033343
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
C
A
D
B
D
B
D
A
C
A
D
B
Compliance
Ability to Repay/Qualified Mortgage
Satisfied
D
A
D
A
CMPATRQM3220
TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.
No
Determine status upon review / receipt of missing REO PITI docs, Bonus income docs, 'other' PITIA amount on subject
1/5 Client provided REO supporting docs; still need Bonus income docs, 'other' PITIA amount on subject 1.12.2026 Client provided additional requested documentation
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  XXX years at job
 
409033343
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
C
A
D
B
D
B
D
A
C
A
D
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID5511
TRID - CD: Monthly Non-Escrowed Amount in Projected Payments is inconsistent with annual cost in the Loan Disclosures section (SFIG 3.0)
No
Final CD XXX and PCD XXX, section Projected Payments Estimated Escrows - indication for HOA not being escrowed however on page 4 of disclosures, no amount is present for Non-Escrowed Property Cost over XXX. Condition is pending receiving corrected PCD with LOE to borrower.
01/15/26 Client provided a XXX PCCD correcting error. Condition remains for the LOE to Borrower.01/19/26 Client provided the missing LOE.
Condition Satisfied.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  XXX years at job
 
409033343
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
C
A
D
B
D
B
D
A
C
A
D
B
Credit
Assets
Satisfied
D
A
D
A
CRDAST2670
Asset documentation is insufficient per guideline requirements
No
10/31/25 XXX# XXX statement is in file.Provide second most recent consecutive month's statement.Subject to asset recalc and may be subject to additional conditions upon review.
1/5 Client provided a XXX XXX statement for XXX XXX covering XXX
Satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  XXX years at job
 
409033343
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
C
A
D
B
D
B
D
A
C
A
D
B
Credit
Credit/Mtg History
Satisfied
C
A
C
A
CRDCRMH1805
Debts/obligations not disclosed/accounted for at origination
No
Provide documentation / source for $XXX 'other' amount in subject's PITIA calc on final 1008. Clayton currently has it included in monthly property tax amount. Subject to DTI recalc and may be subject to additional conditions upon review.
1.12.2026 Client provided Lender LOX stating the additional other amount of $XXX in taxes
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  XXX years at job
 
409033343
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
C
A
D
B
D
B
D
A
C
A
D
B
Credit
DTI
Satisfied
D
A
D
A
CRDDTI2540
Missing verification of some or all components of non-subject PITI
No
Provide documentation supporting REO 1st mortgage PITI. Subject to DTI recalc and may be subject to additional conditions upon review.
1/5 Client provided supporting REO PITIA docs
Satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  XXX years at job
 
409033343
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
C
A
D
B
D
B
D
A
C
A
D
B
Credit
Income/Employment
Satisfied
D
A
D
A
CRDINC2408
Income verification does not meet guidelines
No
Provide XXX WVOE supporting Bonus income. Subject to income recalc and may be subject to additional conditions upon review.
1/5 Client provided a WVOE supporting XXX qualifying income
Satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  XXX years at job
 
409033343
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
C
A
D
B
D
B
D
A
C
A
D
B
Credit
Terms/Guidelines
Satisfied
C
A
C
A
CRDTER3122
Loan documents do not meet guideline requirements
No
Clayton's Drive / Fraud report reflects a 'Deed Mortgage Modification Agr' on XXX on retained REO XXX. Provide documentation for this Modification, including when Mod terms ended. May be subject to additional conditions upon review.
1.6.2026 Client provided copy of Deed of Trust Modification dated XXX and verifies amend the terms of the loan and extend the maturity date to XXX (Note date XXX) however, terms of this Mod was not provided.  Condition remains for copy of terms of Mod. 1.12.2026 Client provided LOX and snipet stating modification extended the term to XXX which is XXX.  The Credit report reflects the modified terms.
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  XXX years at job
 
409033343
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
C
A
D
B
D
B
D
A
C
A
D
B
Property Valuations
Appraisal
Satisfied
C
A
C
A
PRVAAPPR4789
Appraisal Deficiency
No
Appraiser to provide missing comp map
1.12.2026 Client provided full copy of subject appraisal including comp map
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  XXX years at job
 
409033358
XXXXXX
WI
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Credit
DTI
Satisfied
B
A
B
A
CRDDTI105
Debt Ratio Exception 5% or Less
No
Max DTI for ARMs:  XXX%Qualifying DTI: XXX%, lender used lower qualifying rate per 1008
2/2 Client provided an Email; upon review income recalculated and DTI updated to XXX
Satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV
 
409033358
XXXXXX
WI
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Credit
Income/Employment
Satisfied
B
A
B
A
CRDINC2496
Verbal verification of employment completed outside the stated requirements and/or after closing/funding
No
The only VOE in file with a date is for XXX.Provide VOEs for all positive income used to qualify with > XXX% XXX, meeting XXX requirements.May be subject to additional conditions upon review.
1.16.2026 Client provided twenty (20) SOS/VVOE for XXX business with > XXX% XXX however non appear to be dated, initial condition remains for prior to closing 3rd party SOS/VVOE for XXX > XXX% XXX. 1.20.2026 Client provided twenty (20) SOS/VVOE for XXX businesses dated XXX (within XXX of Note date)
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV
 
409033358
XXXXXX
WI
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Credit
Income/Employment
Satisfied
D
A
D
A
CRDINC3258
Missing Profit and Loss statement for one or more Self Employed borrowers
No
All PL's have been completed on Lender worksheets.Provide PL's for all businesses with declining income, meeting guidelines requirements.Provide PL for newly opened XXX, meeting guideline requirements. Reflects loss on Lender's PL.Subject to income recalc and may be subject to additional conditions upon review
1.16.2026 Client provided YTD XXX P/L for businesses with declining income and for the newly opened XXX: XXX however regarding newly XXX (opened XXX) verify with documentation how much XXX B1 and/or B2 have w/XXX for calculation of income loss per the XXX P/L that was provided.  Condition remains for evidence of XXX and upon receipt and review, loss calculation is needed for this newly business, lender currently using loss of -$XXX 1.20.2026 Client provided LOX regarding calculation loss of -$XXX using XXX% XXX of new business w/XXX for B1 and cash flow income analysis in file (pg 631)
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV
 
409033372
XXXXXX
MO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Credit
Income/Employment
Satisfied
D
A
D
A
CRDINC3204
Income Documentation Missing
No
Provide missing XXX XXX Tax Return attached statements 1-8.
1/14 Client provided XXX statements XXX`
Satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% LTV is below guideline maximum of XXX%
 
CFCFS2854: Significant time in profession
- Clayton Comments:  B1 have been in the same line of work for XXX
 
409033401
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
A
A
A
A
B
B
B
B
A
A
A
A
B
B
Compliance
Right of Rescission
Waived
B
B
B
B
CMPROR1909
Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor
No
Per Title commitment in file, loan originated with the same lender. Incorrect H8 ROR form was used instead of H9 form.
12/23/25 Client provided an approved exception for using incorrect ROR form
12/23/25 Initial and final grade 2/B
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV of XXX% is below guideline max LTV of XXX%.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close reserves verified at $XXX, required reserves are $XXX.
 
409033436
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
The Final Closing Disclosure does not reflect all the required Seller paid closing fees.
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score; XXX required.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Verified reserves of $XXX; total reserves required $XXX.
 
409033446
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been employed at the same job for XXX.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has been in the same residence for XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX effective/reserves; using qual rate $XXX*6 + $XXX*3= $XXX reserves required.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
409033451
XXXXXX
NC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower at current employment XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves $XXX or XXX
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
409033459
XXXXXX
FL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrowers' revolving credit utilization ratio is XXX%.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  B1 has been in current profession for XXX.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have lived at current primary residence for XXX.
 
409033489
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX in Current Profession
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX at Current Residence
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX PITIAGuidelines require XXX or $ XXX X 9 = $ XXX+ XXX for Additional REO or $ XXX X 3 = XXX
 
409033500
XXXXXX
FL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing updated valuation to support $ XXX Appraised Value
1.2.2026 Client provided 3rd party CDA valuation supporting appraised value with XXX% variance
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require XXX or $ XXX X 6 = $ XXX+ XXX for Additional REO or ( $ XXX X 3 = $ XXX )
 
409033509
XXXXXX
TN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP847
TILA - ARM Loan Program Disclosure after 3 days from application
No
Missing Initial ARM Disclosure provided to borrower within XXX of application XXX.
01/26/2026 Client provided Early Arm Disclosure dated XXX with e-sign process summary showing it as part of the Initial Disclosures.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX in Current Profession
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX PITIAGuidelines require XXX or $ XXX X 12 = $ XXX+ XXX for Additional REO or $ XXX X 3 = $ XXX
 
409033520
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per Clayton Compliance department and XXX 2.0 revisions.  Exception satisfied. Final Grade A.
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close reserves verified at $XXX, required reserves are $XXX.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  B1 has been with current employer for XXX, B2 for XXX.
 
409033768
XXXXXX
NC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying Rate DTI for XXX% is below guideline maximum of XXX%
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Months PITI Reserves (Qual Rate) 38.35 exceed guideline requirement of XXX  months.
 
409033768
XXXXXX
NC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Credit
Terms/Guidelines
Satisfied
D
A
D
A
CRDTER2548
Missing AUS or AUS errors present
No
Provide a copy of the AUS for this transaction.
XXX Lock provided for XXX ; AUS not required
Satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying Rate DTI for XXX% is below guideline maximum of XXX%
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Months PITI Reserves (Qual Rate) 38.35 exceed guideline requirement of XXX  months.
 
409033779
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
C
A
A
A
A
A
C
A
C
A
A
A
A
A
Credit
Income/Employment
Satisfied
C
A
C
A
CRDINC888
Income Amount is  Unsupported by Documentation in File
No
B1 does not appear to have XXX income from a 2nd job.  XXX start date XXX (active). XXX start date XXX (active).  Cannot determine if XXX, XXX were 2nd jobs.
1.12.2026 Client provided updated DU submission #5 removing B1 2nd job income and provided updated 1003/1008 with the same with updated DTI of XXX%
Condition satisfied
(No Data)
Not Applicable
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrowers have 0x30 on current and previous mortgages
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Required Reserves:  $XXX.  Verified $XXXSubject:  $XXX x 9 = $XXXREO:  $XXX x 3 = $XXX
 
409033817
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
D
A
A
A
D
B
D
B
D
A
A
A
Credit
Assets
Satisfied
C
A
C
A
CRDAST205
Insufficient Funds to Close
No
Required Assets to close $XXX. Verified assets $XXX; liquid assets $XXX. Borrower short <$XXX without verification of EMD>.
12.21.2025 Client provided assets documentation along with evidence of EMD clearing (now giving EMD credit) and verified updated XXX #XXX balance of $XXX (prior balance was $XXX), appears large deposit is from sale of a property, there is a large deposit reflected on XXX in the amount of $XXX; separate condition on file for copy of HUD-1 from sale of a property to support this large deposit, this condition is being satisfied with received of sufficient funds to close being verified.
Condition satisfied
(No Data)
Not Applicable
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX months with XXX x XXX Mortgage payment history exceeds guidelines of XXX months.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
409033817
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
D
A
A
A
D
B
D
B
D
A
A
A
Credit
Legal Documents
Satisfied
D
A
D
A
CRDLGL2550
Missing HUD-1 from sale of property
No
Missing HUD1, Final CD, or ALTA Settlement Statement from sale of XXX verifying XXX mortgage paid off.
12.21.2025 Client provided assets documentation along with evidence of EMD clearing (now giving EMD credit) and verified updated XXX #XXX balance of $XXX(prior balance was $XXXK), appears large deposit is from sale of a property, there is a large deposit reflected on XXX in the amount of $XXX; condition remains for executed copy of HUD-1 or CD from sale of property XXX and to support large deposit of $XXX on XXX (if applicable) otherwise additional documentation is required to source large deposit in XXX, if not verified coming from sale of home12/24 Client provided the HUD suporting proceeds of $XXX
Satisfied
(No Data)
Not Applicable
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX months with XXX x XXX Mortgage payment history exceeds guidelines of XXX months.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
409033817
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
D
A
A
A
D
B
D
B
D
A
A
A
Credit
Legal Documents
Waived
D
B
D
B
CRDLGL2422
Missing Purchase Contract
No
Missing fully executed Purchase Agreement for XXX, XXX, XXX for $XXX.
12.21.2025 Client provided executed copy of subject Sales Contract Price $XXX however not executed by Seller. Condition remains for fully executed ContractNote: page 1 of 1 Contract Summary with sales price of $XXX is missing seller signature. 12/23 Client provided an exception to allow the file without the seller signature on contract
Upon review by XXX Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX months with XXX x XXX Mortgage payment history exceeds guidelines of XXX months.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
409033817
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
D
A
A
A
D
B
D
B
D
A
A
A
Credit
Terms/Guidelines
Satisfied
D
A
D
A
CRDTER146
Missing lender's loan approval/underwriting form
No
Missing lender's 1008 Transmittal Summary.
12.21.2025 Client provided lender 1008
Condition satisfied
(No Data)
Not Applicable
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX months with XXX x XXX Mortgage payment history exceeds guidelines of XXX months.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
409033817
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
D
A
A
A
D
B
D
B
D
A
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR275
Completed "Subject To" w/o Completion Cert in File
No
File is missing final inspection report.
12.21.2025 Client provided final 1004D completion report with XXX% of fencing being completed with workers on site.
Condition satisfied
(No Data)
Not Applicable
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX months with XXX x XXX Mortgage payment history exceeds guidelines of XXX months.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
409033817
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
D
A
A
A
D
B
D
B
D
A
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing FNMA or FHLMC UCDP with CU < XXX. If UCDP CU > XXX, missing CDA supporting appraised value $XXX.
12.21.2025 Client provided UCDP CU Score XXX
Condition satisfied
(No Data)
Not Applicable
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX months with XXX x XXX Mortgage payment history exceeds guidelines of XXX months.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
409033818
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
B
B
C
B
A
A
C
B
B
B
C
B
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years with current employer.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI of XXX is below guideline max DTI of XXX.
 
409033818
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
B
B
C
B
A
A
C
B
B
B
C
B
A
A
Credit
Credit/Mtg History
Waived
B
B
B
B
CRDCRMH193
Length of mortgage/rental history in file does not meet guideline requirement
No
Missing documentation to verify a XXX month rental payment history.
12/18 Client provided an approved exception to allow the file without the XXX month VOR
XXX final grade
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years with current employer.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI of XXX is below guideline max DTI of XXX.
 
409033818
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
B
B
C
B
A
A
C
B
B
B
C
B
A
A
Property Valuations
FEMA
Waived
C
B
C
B
PRVAFEMA858
Natural Disaster Area, no subsequent inspection  (Individual & Public)
No
No inspection since the XXX Disaster XXX.  A post disaster inspection report is required
1.5.2026 Client provided Lender email regarding XXX disaster and stating the customers for these loans did not contact us/Lender to declare any impact from the disasters declared. In addition, XXX also did not facilitate any insurance or loss draft activity for the properties.  The customers on each loan maintained on-time payments prior to, and following, the XXX declared disasters.  Response, Bulk transaction Client requested exception approval for missing XXX post disaster, allowing XXX to be waived if over XXX months (appraisal date XXX and XXX date XXX)
Upon further review by Senior Underwriter, exception is deemed non-material. Exception approved, B Grade with compensating factors: DTI XXX%, fico score XXX
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years with current employer.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI of XXX is below guideline max DTI of XXX.
 
409033819
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
C
B
A
A
C
B
A
A
C
B
A
A
Property Valuations
FEMA
Waived
C
B
C
B
PRVAFEMA858
Natural Disaster Area, no subsequent inspection  (Individual & Public)
No
No inspection since the XXX Disaster XXX.  A post disaster inspection report is required
1.5.2026 Client provided Lender email regarding XXX disaster and stating the customers for these loans did not contact us/Lender to declare any impact from the disasters declared. In addition, XXX also did not facilitate any insurance or loss draft activity for the properties.  The customers on each loan maintained on-time payments prior to, and following, the XXX declared disasters.  Response, Bulk transaction Client requested exception approval for missing XXX post disaster, allowing XXX to be waived if over XXX months (appraisal date XXX and XXX date XXX)
Upon further review by Senior Underwriter, exception is deemed non-material. Exception approved, B Grade with compensating factors: LTV XXX% and DTI XXX%
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; XXX% max allowed.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score; XXX required.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Verified reserves of $XXX; total reserves required $XXX.
 
409033820
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3938
TRID - CD: The max payment as stated in the CD Loan Terms section does not match the highest possible payment noted within the CD Projected Payments section and/or, if applicable, the AP Table
No
CD XXX Section: Loan Terms PI Can go as high as $XXX and Projected Payments Highest Maximum Payment is $XXX. Condition is pending corrected PCD reflecting whole dollar amount and LOX to borrower.
12/24/2025 Client provided PCCD XXX with corrections and LOE.
Condition Satisfied.
Numeric
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years at current job.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX exceeds guideline minimum XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX/XXX months reserves exceeds guideline required $XXX.
 
409033821
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
C
A
A
A
C
A
A
A
C
A
A
A
Property Valuations
FEMA
Satisfied
C
A
C
A
PRVAFEMA858
Natural Disaster Area, no subsequent inspection  (Individual & Public)
No
No inspection since the XXX XXX XXX from XXX XXX , XXX s, and XXX
XXXClient provided 1004D/Pos tXXX  inspection dated 1XXX with no damage along with exterior photos
Condition satisfied
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been XXX-employed with current business since XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX % LTV is XXX % below the maximum allowable LTV of XXX%.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is XXX points above the minimum required score of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has $XXX available in reserves; $XXX in reserves required.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI using the fully indexed rate is below the maximum allowed DTI of XXX%.
 
409033822
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
C
B
A
A
C
B
C
B
C
B
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3938
TRID - CD: The max payment as stated in the CD Loan Terms section does not match the highest possible payment noted within the CD Projected Payments section and/or, if applicable, the AP Table
No
Final CD XXX and Funding CD XXX - max payment as stated in the CD Loan Terms section $XXX doesn't equal max payments in Projected Payment table $XXX. Condition is pending receiving corrected PCD with LOE to borrower.
12/22/2025 Client provided PCCD with corrections and LOE.
Condition Satisfied.
Numeric
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; using qual rate $XXX * XXX + REO $XXX * XXX= $XXX reserves required; XXX Bulk requirement met.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX mo. XXX x XXX mortgage payment history; XXX x XXX x XXX required.
 
409033822
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
C
B
A
A
C
B
C
B
C
B
A
A
C
B
Credit
Income/Employment
Waived
C
B
C
B
CRDINC888
Income Amount is  Unsupported by Documentation in File
No
The lender qualified the borrower with $XXX/mo. ineligible income from a trust account statement funded by the borrowers XXX account and disbursed as outlined by the Revocable Living Trust agreement created XXX where the borrower is the Settlor/grantor and Trustee. The XXX Program guides require documented regular receipt of trust income for the past XXX months along with evidence the trust is irrevocable. FNMA seller guides require a letter from an accountant or attorney to review the trust when the borrower is the trustee along with confirmation the trust was established for XXX months or longer when the borrower is a grantor. When a trust is created within the previous XXX months it must be from eligible employment-related assets and calculated as defined under FNMAs B3-XXX-XXX Employment-Related Assets as Qualifying Income guidelines and meet all the requirements from that section. The XXX provided account is not an eligible source of funds.
12/18 Client provided an approved exception to allow the file with evidence of XXX month receipt of $XXX disbursement Executed Trust in file
Upon review by Clayton Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; using qual rate $XXX * XXX + REO $XXX * XXX= $XXX reserves required; XXX Bulk requirement met.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX mo. XXX x XXX mortgage payment history; XXX x XXX x XXX required.
 
409033823
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3938
TRID - CD: The max payment as stated in the CD Loan Terms section does not match the highest possible payment noted within the CD Projected Payments section and/or, if applicable, the AP Table
No
Final CD XXX and Funding CD XXX - The max payment of $XXX as stated in the CD Loan Terms section does not match the highest possible payment of $XXX noted within the CD Projected Payments section. Condition is pending receiving corrected PCD with LOE to borrower.
XXX  Client provided PCCD XXX with corrections and LOE.
Condition Satisfied.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  0 x 30 > XXX months
 
409033824
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
A
D
B
D
B
A
A
D
A
D
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3938
TRID - CD: The max payment as stated in the CD Loan Terms section does not match the highest possible payment noted within the CD Projected Payments section and/or, if applicable, the AP Table
No
Final CD XXX and Funding CD XXX - The max payment $XXX as stated in the CD Loan Terms section does not match the highest possible payment of $XXX noted within the CD Projected Payments section. Condition is pending receiving corrected PCD and LOE to borrower.
12/22/2025 Client provided PCCD XXX with no rounding in the projected payments section and LOE.
Condition Satisfied.
Numeric
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in profession for XXX years.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX% below guideline requirements XXX%.
 
409033824
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
A
D
B
D
B
A
A
D
A
D
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
D
A
D
A
CMPTRID3600
TRID - CD delivered only via e-mail but there is no prior e-sign consent in file; by regulation, CD must be treated as not delivered
No
Missing evidence of e-Consent for the non-borrowing spouse who e-singed initial CD XXX
12/20/2025 Client provided a docusign for CD XXX reflecting accepted consent on XXX.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in profession for XXX years.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX% below guideline requirements XXX%.
 
409033824
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
A
D
B
D
B
A
A
D
A
D
B
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing 3rd party valuation ordered by XXX.
12/18 Client provided an EMAIL file has a CU score of XXX
Satisfied
(No Data)
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in profession for XXX years.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX% below guideline requirements XXX%.
 
409033825
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
C
B
A
A
C
B
C
B
C
B
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3938
TRID - CD: The max payment as stated in the CD Loan Terms section does not match the highest possible payment noted within the CD Projected Payments section and/or, if applicable, the AP Table
No
The max payment as stated in the CD Loan Terms section reflects $XXX, does not match the highest possible payment noted within the CD Projected Payments section $XXX of the final & Post CD.
XXX Client provided PCCD XXX with corrections and the LOE.
Condition Satisfied.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX  Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require XXX  months or $ XXX X XXX = $XXX
 
409033825
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
C
B
A
A
C
B
C
B
C
B
A
A
C
B
Credit
Terms/Guidelines
Waived
C
B
C
B
CRDTER3122
Loan documents do not meet guideline requirements
No
Borrower's payoff statement indicated a previous deferred forbearance on acct # XXX XXX (Covid related)
XXX Client provided an approved exception to allow the file with a prior forbearance
Upon review by Clayton XXX Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX  Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require XXX  months or $ XXX X XXX = $XXX
 
409033826
XXXXXX
AZ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
A
A
B
A
D
B
D
B
A
A
B
A
Compliance
Documentation
Satisfied
B
A
B
A
CMPDOC2860
TILA - Loan Originator Organization Name or ID missing from application.
No
Missing Loan Originator Organization NMLS ID missing for all 3 1003's
XXX Client provided updated 1003's for all three (3) borrowers with loan originator organization NMLS ID #
Condition satisfied
(No Data)
Not Applicable
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  B2/B3 have XXX months of 0x30 on current mortgages
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score
 
409033826
XXXXXX
AZ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
A
A
B
A
D
B
D
B
A
A
B
A
Credit
Income/Employment
Waived
D
B
D
B
CRDINC2408
Income verification does not meet guidelines
No
Provide signed (by B3) XXX 1120S XXX XXX XXX  or XXX Business Tax TranscriptsProvide XXX Tax Extension  for B2/B3. Appears only XXX and XXX taxes were extended to October.
XXX Client provided email from CPA for B2/B3 stating XXX Federal and CA have extended the XXX due date to XXX due to your county being designated a XXX area due to the winter rains.  Condition now remains for: XXX 1120S XXX XXX XXX signed/dated by B3 (per initial condition) XXX Client provided an approved exception to allow the file without the signed  dated 1120s
Upon review by Clayton XXX XXX Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  B2/B3 have XXX months of 0x30 on current mortgages
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score
 
409033827
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3938
TRID - CD: The max payment as stated in the CD Loan Terms section does not match the highest possible payment noted within the CD Projected Payments section and/or, if applicable, the AP Table
No
Final CD XXX and Funding CD XXX - The max payment $XXX as stated in the CD Loan Terms section does not match the highest possible payment of $XXX noted within the CD Projected Payments section. Condition is pending receiving corrected PCD with LOE to borrower.
XXX  Client provided PCCD XXX with corrections and LOE.
Condition Satisfied.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow 680
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require XXX months or $ XXX X XXX = $ XXX
 
409033828
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
A
A
D
B
D
B
A
A
A
A
D
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
Zero tolerance fee for Second Review Appraisal Fee in the amount of $XXX was added to Loan Estimate XXX. Missing a valid Change of Circumstance, or Post Close CD, LOX and copy of refund check to borrower.
XXX Client provided a duplicate copy of the XXX COC. Condition remains. The COC states COC "Other" with Explanation LE crashed so need to start over. This change reason does not validate the added Review Appraisal of $90. Provide a valid COC for review, OR provide borrower with a $XXX refund, PCCD with cure, LOE and proof of delivery with tracking.XXX  Client provided explanation for actions taken reflecting XXX: CDA fee required by the UW. During the review of the 1st  LE XXX, the fee was not included, however, those documents were not disclosed to the Borrower.  A new set of XXX documents were disclosed including the CDA fee.  Condition remains. Provide a COC reflecting the Investor required CDA fee added with a copy of the Investor Lock to support. XXX Client provided another copy of the explanation summary and an Email from Lender stating the team informed them of the increase but since this closed XXX months ago, those emails are no longer available. Condition remains. The XXX Explanation on the summary/actions taken report indicates the CDA was "required by the UW". Provide supporting documentation of what "changed" that prompted the UW to order the CDA. We need a valid change reason in order to clear the exception, OR refund the borrower $XXX with a PCCD, LOE and proof of delivery that includes tracking information.XXX Client provided a XXX PCCD with cure, $XXX refund check, LOE and proof of delivery.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  ASSETPost Close Assets are $XXX or XXX of PITIAGuidelines require XXX months or $ XXX X XXX = $ XXX+ XXX  Months for Additional REO or $ XXX X  = $ XXX
 
409033828
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
A
A
D
B
D
B
A
A
A
A
D
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
D
A
D
A
CMPTRID3600
TRID - CD delivered only via e-mail but there is no prior e-sign consent in file; by regulation, CD must be treated as not delivered
No
Initial CD XXX was e-signed by both titleholders; however, there is no prior e-sign consent in file for non-borrower. Provide e-Consent for all titleholders.
XXX Client provided the docusign Certs for the Initial XXX LE and Revised XXX LE packages. Condition remains. Missing the E-Consent for the non-borrowing title holder that e-signed the Initial XXX CD.XXX Client provided the XXX Initial CD docusign cert reflecting the non-borrower's E-consent.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  ASSETPost Close Assets are $XXX or XXX of PITIAGuidelines require XXX months or $ XXX X XXX = $ XXX+ XXX  Months for Additional REO or $ XXX X  = $ XXX
 
409033829
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is XXX points above the minimum required score of XXX
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI using the fully indexed rate is below the maximum allowed DTI of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has $XXX available in reserves; $XXX in reserves required.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
409033831
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% CLTV below guideline requirements of XXX% per program.
 
409033832
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been employed at the same job for almost XXX years.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX % LTV; max XXX % ARM Feature, no loan >XXX % per XXX Bulk Overlay.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; $XXX= $XXX reserves required for FTHB under XXX Program and meets XXX Bulk requirement.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX  qual score; XXX  Bulk allows down to XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX % DTI; XXX Bulk allows up to XXX%.
 
409033834
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3938
TRID - CD: The max payment as stated in the CD Loan Terms section does not match the highest possible payment noted within the CD Projected Payments section and/or, if applicable, the AP Table
No
Final CD XXX and Funding CD XXX - The max payment of $XXX as stated in the CD Loan Terms section does not match the highest possible payment of $XXX noted within the CD Projected Payments section. Condition is pending receiving corrected PCD and LOE to borrower.
XXX Client provided an LOE to borrower and XXX PCCD. Condition remains. The PCCD does not reflect the corrections needed. The Loan Terms section was incorrect, as it reflected an un-rounded max payment. Provide a corrected PCCD with "rounded" max payment amounts in both Loan Terms and Projected Payments.XXX Client provided PCCD XXX with corrections and LOE.
Condition Satisfied.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is XXX points above minimum program requirement of XXX
 
CFCFS5269: Minimal use of credit
- Clayton Comments:  Revolving utilization is near XXX%
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Mortgage history 0x30 XXX months
 
409033835
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
C
A
A
A
C
B
C
B
C
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3938
TRID - CD: The max payment as stated in the CD Loan Terms section does not match the highest possible payment noted within the CD Projected Payments section and/or, if applicable, the AP Table
No
Final CD XXX - The max payment of XXX as stated in the CD Loan Terms section does not match the highest possible payment of $XXX noted within the CD Projected Payments section. Condition is pending receiving corrected PCD and LOE to borrower.
XXX No documents provided for this exception.  Condition remains. Provide a PCCD with corrections to Bands 2, 3 & 4 to include cents (no rounding) and LOE to Borrower for changes. XXX  Client provided PCCD XXX with correction and LOE.
Condition Satisfied.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is XXX points above the minimum required score of XXX.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been with current employer since 8/22/2006.
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Co-borrower has been with current employer since XXX
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX %.
 
409033835
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
C
A
A
A
C
B
C
B
C
A
A
A
C
B
Credit
Insurance
Satisfied
C
A
C
A
CRDINSR289
Insufficient Hazard Insurance Coverage
No
Hazard insurance dwelling coverage of $XXX is insufficient.  A replacement cost estimate from the insurance provider is required.
XXX  Client provided copy of Corelogic estimated replacement cost worksheet
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is XXX points above the minimum required score of XXX.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been with current employer since 8/22/2006.
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Co-borrower has been with current employer since XXX
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX %.
 
409033836
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3938
TRID - CD: The max payment as stated in the CD Loan Terms section does not match the highest possible payment noted within the CD Projected Payments section and/or, if applicable, the AP Table
No
Final CD XXX and Funding CD XXX- The max payment of XXX as stated in the CD Loan Terms section does not match the highest possible payment of $XXX noted within the CD Projected Payments section. Condition is pending receiving correct PCD and LOE to borrowers.
XXX Client provided corrected PCCD XXX  with LOE.
Condition Satisfied.
Numeric
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject; no additional REOs
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
409033837
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
C
A
A
A
C
A
A
A
C
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied.
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score; XXX required.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; XXX % max allowed.
 
409033837
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
C
A
A
A
C
A
A
A
C
A
A
A
Property Valuations
FEMA
Satisfied
C
A
C
A
PRVAFEMA217
Natural Disaster Area, no subsequent inspection (Individual)
No
Appraisal date XXX . XXX XXX #XXX for XXX XXX and XXX  declaration date XXX . No subsequent inspection.
XXX Client provided 1004D (Post XXX inspection) dated XXX with no damage along with exterior photos
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score; XXX required.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; XXX % max allowed.
 
409033839
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Credit
Credit/Mtg History
Waived
B
B
B
B
CRDCRMH193
Length of mortgage/rental history in file does not meet guideline requirement
No
Missing evidence to verify XXX  for borrower's rent payment history.
XXX Client provided an approved exception to allow the file without the
Clayton final grade is B
(No Data)
Not Applicable
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Borrower has been with the same employer for XXX years.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; XXX Bulk allows down to XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; using qual score $XXX *XXX= $XXX reserves required.
 
409033840
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
B
A
A
D
B
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing updated valuation supporting appraisal value of $XXX  due to CU Score 4, which is over 2.5.
House Canary AVM provided reflect FSD score of .12 which is outside of approved variance .10 and property value not supported within XXX % tolerance, -XXX% XXX Client provided Field Review dated XXX with value being supported
Condition satisfied
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years XXX months at current job.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX% is less than program maximum of XXX%
 
409033840
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
B
A
A
D
B
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR5355
Most recent FSD score outside of approved variance
No
House Canary AVM provided reflect FSD score of .12 which is outside of approved variance .10
XXX Client provided Field Review dated XXX with value being supported
Condition satisfied
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years XXX months at current job.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX% is less than program maximum of XXX%
 
409033840
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
B
A
A
D
B
A
A
Property Valuations
FEMA
Satisfied
C
A
C
A
PRVAFEMA4817
Natural Disaster Area, Subseq inspect prior to Disaster (Individual & Public)
No
No inspection for XXX #XXX declared XXX.
XXX Client provided Post Close Disaster inspection dated XXX with no damage along with exterior photos
Condition satisfied
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years XXX months at current job.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX% is less than program maximum of XXX%
 
409033840
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
B
A
A
D
B
A
A
Property Valuations
Value
Satisfied
C
A
C
B
PRVAVALU5249
Property Value Not Supported
No
House Canary AVM property value not supported within XXX% tolerance, -XXX%
XXX Client provided Field Review dated XXX with value being supported
Condition satisfied
Not Applicable
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years XXX months at current job.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX% is less than program maximum of XXX%
 
409033841
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
C
A
D
A
D
B
D
B
C
A
D
A
Compliance
Compliance Manual
Satisfied
D
A
D
A
CMPMAN2956
Missing disclosure
No
CD XXX in file is e-signed by borrower on XXX and hand singed by co-borrower on XXX(closing date). Missing initial CD or evidence that it was received by co-borrower min XXX days prior to closing and CD that was acknowledged by both borrowers at closing date XXX.
XXX Client provided a screen print of Compliance tracking reflecting CD XXX was accepted by the Borrower on XXX.  Condition remains. Provide evidence of Co-Borrower receipt of CD XXX  minimum of XXX days prior to closing, and the Final CD executed at closing for complete testing.XXX Client provided XXX Disclosures including duplicate Initial CD XXX and Docusign reflecting CD was sent to Co-Borrower, however, does not acknowledge receipt.  Condition remains.  Provide evidence of Co-Borrowers receipt a minimum of XXX days prior to closing, and the Final CD executed at closing for complete testing.XXX Client provided an LOE from Lender stating the Borrower and Co-Borrower do not have to sign the Initial CD as long as the loan does not close prior to XXX days of issuance. Per the Tracking, both borrowers were emailed a copy of the Initial XXX  CD (with prior e-consent). Waiting period met. Borrower e-signed on XXX and Co-Borrower hand-signed on XXX.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is XXX points above the minimum required score of XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have XXX months of PITIA available in reserves; XXX months required.
 
409033841
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
C
A
D
A
D
B
D
B
C
A
D
A
Credit
Assets
Waived
D
B
D
B
CRDAST2670
Asset documentation is insufficient per guideline requirements
No
File is missing an additional consecutive month's bank statement for XXX accounts *XXX and *XXX that were used to qualify.  Statements provided in the file are not consecutive.
XXX Client provided an approved exception to allow the file wiht 1 month statement
Upon review by Clayton XXX XXX Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is XXX points above the minimum required score of XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have XXX months of PITIA available in reserves; XXX months required.
 
409033841
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
C
A
D
A
D
B
D
B
C
A
D
A
Property Valuations
FEMA
Satisfied
C
A
C
A
PRVAFEMA858
Natural Disaster Area, no subsequent inspection  (Individual & Public)
No
No inspection since the XXX  XXX XXX from XXX , straight XXX , andXXX.
XXX Client provided Post XXX inspection dated XXX with no damage along with exterior photos
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is XXX points above the minimum required score of XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have XXX months of PITIA available in reserves; XXX months required.
 
409033842
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
C
A
A
A
C
A
A
A
C
A
A
A
Property Valuations
FEMA
Satisfied
C
A
C
A
PRVAFEMA858
Natural Disaster Area, no subsequent inspection  (Individual & Public)
No
No inspection since the XXX XXX   with an effective date of XXX.  A XXX  XXX inspection report is required
XXX Client provided Post XXX inspection dated XXX with no damage along with exterior photos
Condition satisfied
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX % DTI below guideline requirement of XXX%.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX Median FICO > XXX points above guideline program minimum of XXX
 
409033843
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
C
A
A
A
C
A
A
A
C
A
A
A
Property Valuations
FEMA
Satisfied
C
A
C
A
PRVAFEMA858
Natural Disaster Area, no subsequent inspection  (Individual & Public)
No
Missing post disaster inspection report for Natural Disaster #XXX declared XXX.
12/24 Client provided a 1004D showing no damage to the subject since the XXX event
Satisfied
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV of XXX% is below guideline max LTV of XXX%.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI of XXX is below guideline max DTI of XXX.
 
409033844
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
A
A
B
B
B
B
B
B
A
A
B
B
B
B
Compliance
Federal Consumer Protection
Waived
B
B
B
B
CMPFDCP847
TILA - ARM Loan Program Disclosure after 3 days from application
No
Loan program changed from Fixed to ARM on LE XXX . ARM disclosure in file is dated  XXX signed at closing on XXX. Missing ARM disclosure provided to borrower with LE XXX.
XXX Client provided an LOE from Lender stating the ARM disclosure was not issued on the XXX  to the borrower and will not be able to be provided. Condition remains.XXX Client provided an approved exception for the missing XXX Loan Program Disclosure.
Initial and Final Grade B.
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years with current employer.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV of XXX% is below guideline max LTV of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close reserves verified at $XXX  or XXX months PITIA.
 
409033844
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
A
A
B
B
B
B
B
B
A
A
B
B
B
B
Property Valuations
FEMA
Waived
B
B
B
B
PRVAFEMA856
Natural Disaster Area, no subsequent inspection (Public)
No
Missing subsequent inspection for XXX XXX #XXX  declared XXX.
XXX client provided an approved exception for missing PDI.
Initial and final grade B.
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years with current employer.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV of XXX% is below guideline max LTV of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close reserves verified at $XXX  or XXX months PITIA.
 
409033845
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
C
A
B
B
C
B
A
A
C
A
B
B
Compliance
Federal Consumer Protection
Waived
B
B
B
B
CMPFDCP847
TILA - ARM Loan Program Disclosure after 3 days from application
No
Provide ARM Disclosure provided within XXX days from conversion to ARM on XXX.  ARM Disclosure in file is dated XXX and signed at closing on XXX.
12/18/25 Client provided an approved exception for the ARM Program Disclosure timing violation.
Initial and Final Grade B.
(No Data)
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in profession for XXX years.
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower has had no history of derogatory credit history, XXX months reviewed.
 
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrower's revolving credit utilization ratio is XXX%.
 
409033845
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
C
A
B
B
C
B
A
A
C
A
B
B
Property Valuations
FEMA
Satisfied
C
A
C
A
PRVAFEMA858
Natural Disaster Area, no subsequent inspection  (Individual & Public)
No
An updated inspection to be ordered by the lender.
1.8.2026 Client provided Post Disaster inspection dated XXX with no damage along with exterior photos
Condition satisfied
(No Data)
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in profession for XXX years.
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower has had no history of derogatory credit history, XXX months reviewed.
 
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrower's revolving credit utilization ratio is XXX%.
 
409033846
XXXXXX
AZ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
A
C
B
D
B
A
A
D
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
Zero tolerance in amount of $XXX due to increase in Credit Report fee from $XXX on initial LE XXX to $XXX on Funding CD XXX with no valid reasons documented on COC XXX Condition is pending receiving PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information
XXX  Client provided COC XXX reflecting Added LPC for Credit fee increase. Condition remains.  Provide further information of and evidence of the LPC via PCCD, copy of check, LOE and evidence received.  Additional conditions may apply.  XXX  Client provided a XXX PCCD moving the $XXX  Lender Credit to the Summaries of Transactions section. Condition remains. Provide the signed Final ALTA/Settlement Statement for review. Additional conditions may apply.XXX Client provided PCCD XXX with $XXX Lender Cure. Condition remains.  Provide either a copy of the cure check, LOE to Borrower and evidence of delivery via tracking or, a copy of the signed Final Alta/Settlement Statement reflecting the additional $XXX credit to Borrower.XXX Client provided the $XXX refund check, LOE to Borrower and proof of shipment.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI of XXX is below guideline max DTI of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close reserves verified at $XXX or XXX months reserves for all properties owned.
 
409033846
XXXXXX
AZ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
D
A
C
B
D
B
A
A
D
A
C
B
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing CDA. CU Score in file 2.6, guideline requires 2.5 and below.
XXX Client provided AVM House Canary dated XXX with FSD 10 and High Confidence XXX%; value supported
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI of XXX is below guideline max DTI of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close reserves verified at $XXX or XXX months reserves for all properties owned.
 
409033847
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
C
B
A
A
C
B
A
A
C
B
A
A
Property Valuations
FEMA
Waived
C
B
C
B
PRVAFEMA858
Natural Disaster Area, no subsequent inspection  (Individual & Public)
No
Missing Disaster inspection for XXX  XXX XXX
XXX Client provided Lender email regarding XXX XXX and stating the customers for these loans did not contact us/Lender to declare any impact from the XXX declared. In addition, XXX also did not facilitate any insurance or loss draft activity for the properties.  The customers on each loan maintained on-time payments prior to, and following, the XXX  XXX XXX   Response, condition remains missing XXX  post close inspection. Upon further review, Bulk transaction Client requested exception approval for missing XXX post XXX, allowing XXX to be waived if over XXX months (appraisal date XXX and last XXX XXX dated XXX)
Upon further review by Senior Underwriter, exception is deemed non-material. Exception approved B Grade with compensating factors: fico score 757 and minimal credit user.
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score XXX
 
409033848
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
B
D
B
A
A
D
B
B
B
D
B
A
A
Credit
Credit/Mtg History
Waived
B
B
B
B
CRDCRMH193
Length of mortgage/rental history in file does not meet guideline requirement
No
Missing XXX months rental history
12/19 Client provided an approved exception to allow the file without the XXX month VOR
XXX final grade is B
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score XXX
 
409033848
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
B
D
B
A
A
D
B
B
B
D
B
A
A
Credit
Income/Employment
Waived
B
B
B
B
CRDINC2488
Verbal verification of employment missing
No
Missing VOE within XXX days prior to note date
12/19 Client provided an approved exception to allow the file without the VVOE (paystub in file withon XXX days)
Upon review by XXX Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score XXX
 
409033848
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
B
D
B
A
A
D
B
B
B
D
B
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
File is missing 3rd party verification of value.
12/19 Client provided an Email upon review file has a CU score of XXX supporting the appraised value
Satisfied
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score XXX
 
409033848
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
B
D
B
A
A
D
B
B
B
D
B
A
A
Property Valuations
FEMA
Waived
C
B
C
B
PRVAFEMA858
Natural Disaster Area, no subsequent inspection  (Individual & Public)
No
No inspection since the XXX Disaster XXX.  A post disaster inspection report is required
1.5.2026 Client provided Lender email regarding XXX disaster and stating the customers for these loans did not contact us/Lender to declare any impact from the disasters declared. In addition, Lender also did not facilitate any insurance or loss draft activity for the properties.  The customers on each loan maintained on-time payments prior to, and following, the XXX declared disasters.  Response, Bulk transaction Client provided exception approval for missing XXX post disaster, allowing XXX to be waived if over XXX months (appraisal date XXX and XXX date XXX)
Upon further review by Senior Underwriter, exception is deemed non-material. Exception approved, B Grade with compensating factors: fico score XXX and DTI XXX%
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score XXX
 
409033850
XXXXXX
NC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
B
A
A
A
D
B
D
B
B
A
A
A
Credit
Credit/Mtg History
Waived
D
B
D
B
CRDCRMH149
Missing support docs for VOM/VOR (e.g. cancelled checks)
No
Missing VOR for current residence.
12/20 Client provided an approved exception to allow the file without the XXX month VOR
Upon review by XXX Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Both borrowers have been in current professions for a significant time, each XXX years.
 
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrowers' revolving credit utilization ratio is XXX%.
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrowers have had timely payments, with the exception of XXX x XXX day late payments over XXX months ago, XXX months reviewed.
 
409033850
XXXXXX
NC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
B
A
A
A
D
B
D
B
B
A
A
A
Property Valuations
FEMA
Satisfied
B
A
B
A
PRVAFEMA856
Natural Disaster Area, no subsequent inspection (Public)
No
Lender to order subsequent inspection.
12.29.2025 Client provided 1004D stating value has not declined since the effective date of the appraisal however initial condition is regarding missing Post Disaster inspection being required.  Initial condition remains 1.9.2026 Client provided 1004D (post disaster inspection) dated XXX with no damage along with exterior photos
Condition satisfied
(No Data)
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Both borrowers have been in current professions for a significant time, each XXX years.
 
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrowers' revolving credit utilization ratio is XXX%.
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrowers have had timely payments, with the exception of XXX x XXX day late payments over XXX months ago, XXX months reviewed.
 
409033851
XXXXXX
NC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
A
A
B
A
A
A
B
A
A
A
B
A
A
A
Property Valuations
FEMA
Satisfied
B
A
B
A
PRVAFEMA856
Natural Disaster Area, no subsequent inspection (Public)
No
XXX Disaster Declaration#XXX date XXX, effective date XXX. Tropical Depression Tropical Depression XXX. Appraisal dated XXX. Provide post disaster inspection to confirm property was not affected by disaster.
1.8.2026 Client provided XXX Disaster with date of inspection XXX and appraisal signature of XXX (possibly Year is a typo of XXX vs XXX), condition remains inspection dated XXX is prior to the disaster. 1.15.2026 Client provided updated XXX Post Disaster inspection dated XXX with no damage along with exterior photos
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is below maximum allowed of XXX%, per guidelines for XXX Bulk Overlay.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves sourced. Exceeds requirement.
 
409033852
XXXXXX
NC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  B2/B3 have XXX months XXX x XXX on current mortgage
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score
 
409033853
XXXXXX
NC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
A
A
D
B
D
B
A
A
A
A
D
B
Compliance
Compliance Manual
Satisfied
D
A
D
A
CMPMAN2956
Missing disclosure
No
CD XXX in file is incomplete - page 4 and 5 are missing. Provide full pages of CD XXX.
12/20/2025 Client provided CD XXX complete with all pages.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years with current employer.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LV of XXX% is below guideline max LTV of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close reserves verified at $XXX.
 
409033853
XXXXXX
NC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
A
A
D
B
D
B
A
A
A
A
D
B
Compliance
Finance Charge Tolerance
Satisfied
C
B
C
B
CMPFINT4372
TILA/TRID-Disclosed Amount Financed is higher than Clayton's calculated Amount Financed
No
Final CD: Amount Financed is overstated by $XXX as Title Admin fee $XXX was not included into the Finance Charge calculation. Condition is pending receiving LOE to borrower, a copy of refund check, PCD and proof of delivery via shipping that includes tracking information.
01/08/26 Client provided several Emails requesting internal testing and indicated the Seller comments: closing costs are not financed. The title administrator fee did not need to be included in the finance amount. Upon review by internal Compliance counsel, condition remains. The Seller is saying the closing costs are not financed, but their own Amount Financed is below the OPB, so thats not accurate. There are at least some closing costs that were financed. If they were meaning that the fee was not a finance charge, then we need an explanation of what the fee is covering. The Reg Z exemption is for certain title fees, but not all...(i) Fees for title examination, abstract of title, title insurance, property survey, and similar purposes. There is already a courier fee, and we have not seen this particular fee description before, so we are unsure what this Mail away/Admin fee is for or on what basis they are excluding it.01/15/26 Client provided a corrected XXX PCCD, LOE to Borrower, $XXX refund check and proof of shipment.
Condition Satisfied.
Numeric
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years with current employer.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LV of XXX% is below guideline max LTV of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close reserves verified at $XXX.
 
409033853
XXXXXX
NC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
A
A
A
A
D
B
D
B
A
A
A
A
D
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years with current employer.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LV of XXX% is below guideline max LTV of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close reserves verified at $XXX.
 
409033854
XXXXXX
NC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
A
A
B
A
A
A
B
A
A
A
B
A
A
A
Property Valuations
FEMA
Satisfied
B
A
B
A
PRVAFEMA856
Natural Disaster Area, no subsequent inspection (Public)
No
Natural Disaster Area, no subsequent inspection provided
1/13 Client provided a post disaster inspection 1004D showing no damage since the XXXevent
Satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX Years in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require XXX months or $ XXX X XXX = $ XXX
 
409033855
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3938
TRID - CD: The max payment as stated in the CD Loan Terms section does not match the highest possible payment noted within the CD Projected Payments section and/or, if applicable, the AP Table
No
Final CD XXX and Funding CD XXX - The max payment $XXX as stated in the CD Loan Terms section does not match the highest possible payment $XXX noted within the CD Projected Payments section. Condition is pending receiving corrected PCD with LOE to borrower.
12/23/2025 Client provided PCCD with correction and LOE.
Condition Satisfied.
Numeric
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  B1 has been in current line of work for XXX years.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have lived at current residence for XXX years.
 
409033856
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS5269: Minimal use of credit
- Clayton Comments:  Borrower's revolving credit utilization ratio is XXX%.
 
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has had timely mortgage payments, XXX months reviewed.
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in current profession for XXX years.
 
409033857
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with XXX Late Payments > XXX Months
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require XXX months or $ XXX X XXX = $ XXX+ XXX Months for Additional REO or ( $ XXX X XXX = $ XXX )
 
409033858
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
B
C
B
CMPTRID3938
TRID - CD: The max payment as stated in the CD Loan Terms section does not match the highest possible payment noted within the CD Projected Payments section and/or, if applicable, the AP Table
No
Final CD XXX and Funding CD XXX - The max payment of $XXX as stated in the CD Loan Terms section does not match the highest possible payment of $XXX noted within the CD Projected Payments section. Condition is pending corrected PCD and LOE to borrower.
12/29/25 Client provided an LOE to borrower and XXX PCCD. Condition remains. The PCCD did not correct the proper section. The Projected Payments (rounded) was correct on the Final and PCCD in file. The exception was triggered due to the error in the Loan Terms section (rounding is required for the max stated payment for the Monthly Principal & Interest change). Condition remains. Provide a new LOE and PCCD that reflects the "rounded" Max Payment amount in both the Loan Terms and Projected Payments sections (both sections should reflect $XXX.12/22/2025 Client provided PCCD XXX with matching amounts and LOE.
Condition Satisfied.
Numeric
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX years with current employer.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV of XXX% is below guideline max LTV of XXX%.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.
 
409033861
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close reserves verified at $XXX, required reserves are $XXX.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Mortgage payment history shows XXX derogatory events since account opening XXX.
 
409033915
XXXXXX
IL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
A
A
D
A
D
B
D
B
A
A
D
A
Compliance
Compliance Manual
Satisfied
D
A
D
A
CMPMAN2956
Missing disclosure
No
Per Disclosure Tracking Summary, revised Closing Disclosures were issued on XXX and XXX which are missing from file.
02/03/2026 Client provided duplicates of CD's XXX and XXX.  Condition remains. Provide CD XXX with Amount Financed of $XXX and XXX with Amount Financed of $XXX. Both of these CD's were received by the Borrowers per the Disclosure tracking. XXX Client provided a duplicate of the Final CD XXX and a CD dated XXX that is not listed on the Disclosure tracking.  Condition remains.  Provide the missing CD XXX with Amount Financed of $XXX and XXX with Amount Financed of $XXX. Both of these CD's were received by the Borrowers per the Disclosure tracking. 02/06/26 Client provided the XXX CD audit trail and rebuttal from Lender that states the envelope was generated on XXX and XXX. Condition remains. Verified the CD with Issue Date of XXX shows a print date of XXX and the Finance Charges match the disclosure tracking details in file. However, the XXX CD shows printed on XXX and the Finance Charges do not match the XXX disclosure tracking details. Provide the missing XXX CD with Finance Charges of $XXX.02/11/2026 Client provided a duplicate of the CD XXX with Finance charges of $XXX.  And the CD dated XXX that the Loan Calculations show as $XXX.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX sore XXX exceeds guide lines.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has stable employment with XXX at current job.
 
409033915
XXXXXX
IL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
A
A
D
A
D
B
D
B
A
A
D
A
Credit
Credit/Mtg History
Waived
B
B
B
B
CRDCRMH119
Consumer lates exceed guidelines
No
1X30 on a mortgage from XXX on a rental property.
1/29/26 Lender approved exception for 1X30 on a mortgage from XXX on a rental property. Compensating factors of : stable employment (XXX in same position), XXX score XXX. Minimum reserves required: $XXX, and maximum DTI of XXX% per exception approval.
Final grade B.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX sore XXX exceeds guide lines.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has stable employment with XXX at current job.
 
409033915
XXXXXX
IL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
B
A
A
D
A
D
B
D
B
A
A
D
A
Credit
Insurance
Satisfied
D
A
D
A
CRDINSR848
Missing Hazard Insurance
No
Missing hazard insurance for subject.
2.2.2026 Client provided subject HOI policy
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX sore XXX exceeds guide lines.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has stable employment with XXX at current job.
 
409034047
XXXXXX
IL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3626
TRID - CD: Loan consummated before end of waiting period
No
Initial CD dated XXX is not signed by all titleholders and there is no evidence in file of when it was delivered. Provide documentation all titleholders received an accurate CD XXX prior to closing.
01/30/2026 Client provided 2 copies of accepted consent to Non-Borrower dated XXX and 2 screen shots of disclosure details reflecting Initial CD viewed by both parties on XXX.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves$XXX.  XXX qualifying rate.  XXX required
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI
 
409034050
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX%.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been with the same employer for XXX.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX effective/reserves; using qual rate $XXX*6= $XXX reserves required.
 
409034082
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
A
A
A
D
B
D
B
C
A
A
A
D
B
Compliance
Ability to Repay/Qualified Mortgage
Satisfied
D
A
D
A
CMPATRQM3220
TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.
No
Determine status upon review / receipt of B2's closing VOE
1.13.2026 Client provided VVOE dated XXX for B2 within XXX days of Note
Condition satisfied
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
409034082
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
A
A
A
D
B
D
B
C
A
A
A
D
B
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP3254
TILA - Cannot determine if ARM Program Disclosure was provided in a timely manner
No
Arm disclosure missing issue/ received date. No tracking evidence found in file to confirm disclosure was timely received by the borrower.
01/20/26 Client provided an Email exchange between the Borrower and Lender showing the ARM Disclosure was delivered to the Borrower on XXX.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
409034082
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
A
A
A
D
B
D
B
C
A
A
A
D
B
Compliance
Federal Consumer Protection
Waived
B
B
B
B
CMPFDCP847
TILA - ARM Loan Program Disclosure after 3 days from application
No
01/20/26 Client provided an Email exchange between the Borrower and Lender showing the ARM Disclosure was delivered to the Borrower on XXX. Per the Loan Estimates, the loan was initially changed from Fixed to ARM on the Revised XXX LE. Delivery of the ARM Loan Program Disclosure on XXX does not meet the required timing of delivery within XXX of program change to ARM. Provide the confirmation of delivery for the ARM Loan Program Disclosure within XXX of the XXX change to ARM.
01/26/26 Client provided an approved exception for the ARM program disclosure timing violation.
Initial and Final Grade B.
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
409034082
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
A
A
A
D
B
D
B
C
A
A
A
D
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees were able to be sourced from the sellers CD document. Consistent with the XXX, we are satisfying to 1/A.
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
409034082
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
A
A
A
D
B
D
B
C
A
A
A
D
B
Credit
Income/Employment
Satisfied
B
A
B
A
CRDINC2496
Verbal verification of employment completed outside the stated requirements and/or after closing/funding
No
B2 WVOE is ineligible.Provide closing VOE and / or WVOE meeting guidelines, including start date.May be subject to additional conditions upon review.
1.13.2026 Client provided VVOE dated XXX for B2 within XXX of Note
Condition satisfied
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
409034082
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
C
A
A
A
D
B
D
B
C
A
A
A
D
B
Credit
Terms/Guidelines
Satisfied
C
A
C
A
CRDTER3122
Loan documents do not meet guideline requirements
No
Purchase contract in file is incomplete.Provide full contract, all pages.May be subject to additional conditions upon review.
1.13.2026 Client provided executed full complete copy of subject Purchase Agreement supporting price of $XXX
Condition satisfied
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
409034090
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
XXX tolerance in amount of $XXX due to increased Title fees on LE XXX with no valid reasons documented on COC XXX. Title provider was selected from SPL and same company is also an affiliate to lender, all title fees are tested for XXX% tolerance. Condition is pending receiving PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.
01/14/26 Client provided an Email rebuttal from Seller with screenshots of the LE fees and Final CD fees. Seller states: The fees on initial LE XXX and XXX LE only increased to $XXX. There was a COC dated XXX noting the reason for increase of fees. Also, final CD shows the increases were not charged. Condition remains. The XXX COC was not a valid COC for the title fee changes, as borrower remained with the same provider from the SPL (XXX). Testing resulted in a XXX tolerance violation of $XXX. Seller to provide supporting documentation / verification on the increased charges between the 2 settlement provider offices for further review. Subject to re-review. Additional conditions may apply.01/16/2026 Client provided a screen shot of an email from the Lender stating Per 1026.19(e)(3)(iv)(A)-2), the COC LE issued on XXX is valid. We provided an SSPL for settlement provider "XXX" at a different address as the than the Settlement agent chosen by Borrower, with New information specific to the consumer or transaction that the creditor did not rely on when providing the original disclosures required under paragraph (e)(1)(1)of this section.  Per review by Internal Compliance Counsel, The COC details that the borrower shopped for the provider at the different address and that it resulted in different fees.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves$XXX or XXX PITI (qual rate)
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score
 
409034099
XXXXXX
IL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Credit
DTI
Satisfied
D
A
D
A
CRDDTI2540
Missing verification of some or all components of non-subject PITI
No
File is missing verification of HOA dues for an additional property owned located at XXX, XXX, IL.  Used lender amount of $XXX per month from final 1003 for recalculations.
2/10 Client provided an Email that "The HOA dues for XXX are $XXX but their current escrow account is holding $XXX less than actual taxes and insurance so we accounted for that. $XXX + XXX = $XXX"
Satisfied
(No Data)
Not Applicable
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Co-borrower has been XXX with current business since XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have $XXX available in reserves; $XXX in reserves required.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is XXX points above the minimum required score of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI using higher lender calculated fully indexed rate is below the maximum allowed DTI of XXX%.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
409034102
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing updated third-party property valuation product supporting appraisal value $XXX due to CU Score XXX.
1.28.2026 Client provided 3rd party CDA valuation supporting appraised value with XXX% variance
Condition satisfied
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have XXX PITI in reserves.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% CLTV below guideline requirements of XXX% per program.
 
409034104
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Required Reserves: $XXX. Verified $XXXSubject $XXX x 12 = $XXXREO:  $XXX x 3 = $XXX
 
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrowers have XXX of 0x30 on current mortgage
 
409034107
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is below guideline maximum of XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower have been in the same line of work for XXX
 
409034108
XXXXXX
IL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score; XXX required.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI; XXX% max allowed.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Verified reserves of $XXX or XXX PITI; $XXX or XXX required.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; XXX% max allowed.
 
409034109
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX verified assets is sufficient to cover required reserves $XXX.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX at current job.
 
409034114
XXXXXX
TN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in the same profession for XXX.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Fico score XXX exceeds guide lines.
 
409034122
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
D
A
D
A
D
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3670
TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation
No
XXX percent tolerance fees in the amount of $XXX due to missing Loan Estimates. Upon receipt of Loan Estimates, items will be re-calculated.
01/23/26 Client provided the missing Loan Estimates. Re-testing results in no violation.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX with 0x30 Mortgage payment history exceeds guidelines of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% CLTV below guideline requirements of XXX% per program.
 
409034122
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
D
A
D
A
D
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3676
TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation.
No
XXX percent tolerance fees in the amount of $XXX due to missing Loan Estimates. Upon receipt of Loan Estimates, items will be re-calculated.
01/23/26 Client provided the missing Loan Estimates. Re-testing results in no violation.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX with 0x30 Mortgage payment history exceeds guidelines of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% CLTV below guideline requirements of XXX% per program.
 
409034122
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
D
A
D
A
D
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
D
A
D
A
CMPTRID3494
TRID - Loan Estimate Missing
No
Missing all Loan Estimates
01/23/26 Client provided the missing Loan Estimates.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX with 0x30 Mortgage payment history exceeds guidelines of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% CLTV below guideline requirements of XXX% per program.
 
409034122
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
D
A
D
A
D
A
A
A
D
A
Credit
Insurance
Satisfied
D
A
D
A
CRDINSR2400
Missing Flood Certification Document
No
Missing Flood Certification.
1.22.2026 Client provided copy of Flood Certification, flood zone X
Condition satisfied
(No Data)
Not Applicable
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX with 0x30 Mortgage payment history exceeds guidelines of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% CLTV below guideline requirements of XXX% per program.
 
409034139
XXXXXX
MD
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX in line of work
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower had XXX XXX at departing primary.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 140 points above minimum program requirement of XXX
 
409034142
XXXXXX
MN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Verified cash reserves exceed guidelines
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX% below guideline requirements
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score XXX exceeds guidelines
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has significant time at current job, XXX
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX% below guideline requirement
 
409034145
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP847
TILA - ARM Loan Program Disclosure after 3 days from application
No
ARM Disclosure in file is dated XXX which is after XXX from application date of XXX.
01/08/2026 Client provided the list of early disclosures, including the ARM Disclosure in the documents sent on XXX.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX PITIAGuidelines require XXX or $ XXX X 9 = $ XXX+ XXX for Additional REO or ( $ XXX X 3 = $ XXX )
 
409034160
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Credit
Assets
Satisfied
D
A
D
A
CRDAST2670
Asset documentation is insufficient per guideline requirements
No
Missing XXX401k XXX statement for the file only includes XXX; XXX required and necessary to meet reserves requirement.
2.12.2026 Client provided November XXX 401k statements
Condition satisfied
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% CLTV below guideline requirements of XXX% per program.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
409034186
XXXXXX
ME
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower at current employment XXX
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
409034192
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
B
A
D
A
A
A
D
A
B
A
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP849
TILA - Required ARM Loan Program Disclosure missing
No
Missing Initial ARM Disclosure.
01/30/26 Client provided the ARM program disclosure.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has $XXX available in reserves; $XXX in reserves required.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 141 points above the minimum required score of XXX.
 
409034192
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
B
A
D
A
A
A
D
A
B
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing a CDA or CCA supporting appraised value of $XXX.
1.29.2026 Client provided 3rd party CDA valuation supporting appraised value with XXX% variance
Condition satisfied
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has $XXX available in reserves; $XXX in reserves required.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 141 points above the minimum required score of XXX.
 
409034243
XXXXXX
IL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Credit
Legal Documents
Satisfied
D
A
D
A
CRDLGL2642
Missing proof that HELOC has been paid and closed to future draws
No
Missing proof that XXX with XXX has been paid and closed to future draws
2.3.2026 Client provided executed by borrowers requesting closure of HELOC upon receipt of payoff
Condition satisfied
(No Data)
Not Applicable
CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrowers have 0x30 on current and previous mortgages
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV
 
409034262
XXXXXX
WA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX exceeds guideline minimum of XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX verified assets is sufficient to cover required reserves $XXX.
 
409034295
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV
 
409034316
XXXXXX
TN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX. 0x30 mortgage payment history; 0x30x24 required.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; using qual rate $XXX*9= $XXX reserves required.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been with the same employer for XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX%.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% using qual rate; XXX% max.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
409034335
XXXXXX
GA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $XXX or XXX PITIAGuidelines require XXX or $ XXX X 9 = $ XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX in Current Profession
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
409034337
XXXXXX
FL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP849
TILA - Required ARM Loan Program Disclosure missing
No
Missing ARM Loan Program Disclosure
01/05/2026 Client provided missing ARM Disclosure dated XXX.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX at Current Residence
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XX in Current Profession
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX of PITIAGuidelines require XXX or $ $XXX X 6 = $ XXX+ XXX for Additional REO or ( $ XXX X 3 = $ XXX )
 
409034344
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
The Seller Fees on the Final CD do not match the Seller Fees from the Seller CD.
(No Data)
Condition Satisfied. All Seller fees have been sourced from the Seller CD .
Numeric
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX %.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has $XXX of liquid (non-retirement) assets available in reserves; minimum liquid post-closing assets of $XXX are required.
 
409034344
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Credit
DTI
Waived
B
B
B
B
CRDDTI106
Debt Ratio Exception >5% and <10%
No
Recalculated DTI of XXX% using the fully indexed rate exceeds the maximum allowable DTI of XXX%.  It appears lender used asset depletion income of $XXX/XXX to qualify.  No income worksheet or comments/notes were provided in the file indicating the source of this income.  Recalculated asset depletion income was $XXX/XXX using available asset documentation provided in the file.  Available assets used for recalculation were XXX non-retirement account *XXX with available balance (less $XXX EMD wire out) of $XXX plus remaining non-retirement post-closing assets of $XXX from 2 XXX accounts XXX and a XXX account *XXX at XXX% rate of return over the life of the loan.  IRA account statements provided in the file cannot be used for asset depletion income since borrower is < 59 1/2.
1/26 Client provided an approved exception granted to allow use of IRA account with balance of $XXX to be included in asset depletion, resulting in DTI of XXX%
Upon review by Clayton XXX, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX %.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has $XXX of liquid (non-retirement) assets available in reserves; minimum liquid post-closing assets of $XXX are required.
 
409034347
XXXXXX
NJ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX. 0x30 mortgage payment history; 0x30x24 required.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; using qual rate $XXX*12 + REO $XXX*3= $XXX reserves required.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI using qual rate; max XXX%.
 
409034985
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
B
A
A
A
A
A
B
A
B
A
A
A
A
A
Credit
Insurance
Satisfied
B
A
B
A
CRDINSR848
Missing Hazard Insurance
No
Missing HO-6 policy to verify coverage.
2.3.2026 Client provided subject HOI policy with sufficient coverage
Condition satisfied
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX reserves; using qual rate $XXX*9= $XXX reserves required.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX%.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI using qual rate; max XXX%.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qual score; min XXX.
 
409035034
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
B
A
A
A
A
A
B
A
B
A
A
A
A
A
Credit
DTI
Satisfied
B
A
B
A
CRDDTI105
Debt Ratio Exception 5% or Less
No
7/6 ARM program indicates qualify with greater of the fully indexed rate or the note rate. The indexed rate was used, generating a XXX% DTI. Maximum DTI allowed is XXX%.
1/12 Client provided LOX that B2 other income $XXX asset depletion should be included; Provide supporting asset depletion calculation with docs for review 1/28 Client provided assets used and supporting calcuation
Satisfied
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% CLTV below guideline requirements of XXX% per program.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have XXX PITI in reserves.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX with 0x30 Mortgage payment history exceeds guidelines of XXX.
 
409035353
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
C
B
A
A
D
B
D
A
C
B
A
A
Credit
Income/Employment
Satisfied
D
A
D
A
CRDINC2408
Income verification does not meet guidelines
No
Provide XXX paystubs or W2's (showing XXX).  Documentation of XXX for XXX.  WVOE shows "other" income but is not broken out.
1.28.2026 Client provided the following for XXX income calculation: provided XXX w2's along with end of year XXX paystubs along with XXX stock history and continuance, file have stock price. XXX income used for qualifying is supported.  In addition per lender LOX file was manually underwritten, no AUS ran.
Condition satisfied
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX PITIAGuidelines require XXX or $ XXX X 6 = $ XXX+ XXX for Additional REO or $ XXX X 3 = $ XXX
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX at Current Residence
 
409035353
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
C
B
A
A
D
B
D
A
C
B
A
A
Credit
Terms/Guidelines
Satisfied
D
A
D
A
CRDTER2548
Missing AUS or AUS errors present
No
Missing AUS as required by XXX XXX AUS 7/6 ARM Guidelines
1.28.2026 Client provided LOX stating this loan was locked under the XXX XXX program, which is a manual underwrite. No AUS was run.  Response, file was reviewed to XXX AUS XXX ARM, condition remains for lock confirmation to review as XXX ARM XXX 1/29 Client provided lock cjhanging loan to XXX XXX AUS not required
Satisfied
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX PITIAGuidelines require XXX or $ XXX X 6 = $ XXX+ XXX for Additional REO or $ XXX X 3 = $ XXX
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX at Current Residence
 
409035353
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
D
A
C
B
A
A
D
B
D
A
C
B
A
A
Property Valuations
Property
Waived
C
B
C
B
PRVAPROP177
Property Issues Indicated
No
Max acreage 40.  Loan closed at XXX.  XXX approval in file however missing AUS
1.28.2026 Client provided LOX stating file was not ran AUS, file was manual underwritten and further stating file have an exception approval for acres exceeding 40.00; Response, file was initially reviewed to AUS, provide copy of lock confirmation for re-review of file to XXX ARM 7/6 along with exception approval under correct program.  Condition remains 1/29 loan changed to XXX XXX ARM; Client provided an apporved exception to allow the file with XXX
Upon review by Clayton XXX, Condition is a Non Material B grade; Borrower credit score exceeds min required
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX PITIAGuidelines require XXX or $ XXX X 6 = $ XXX+ XXX for Additional REO or $ XXX X 3 = $ XXX
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX at Current Residence
 
409035381
XXXXXX
FL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees reflected on Seller CD but not included on Borrower Final CD.
(No Data)
Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.
Numeric
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX PITIAGuidelines require XXX or $ XXX X 18 = $ XXX+ XXX for Additional REO or $ XXX X 3 = $ XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX in Current Profession
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
409035396
XXXXXX
CO
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX PITIAGuidelines require XXX or $ XXX X 9 = $ XXX+ XXX for Additional REO or $ XXX X 3 = XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX in Current Profession
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
409035414
XXXXXX
AZ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX PITIAGuidelines require XXX or $ XXX X 6 = $ XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has XXX in Current Profession
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
409035549
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller fees were able to be sourced from the sellers CD document. Consistent with the XXX, we are satisfying to 1/A.
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have owned current home for XXX
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying DTI of XXX% is below guideline maximum of XXX%
 
409035549
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Credit
Legal Documents
Satisfied
D
A
D
A
CRDLGL2422
Missing Purchase Contract
No
Provide a copy of the execute Purchase Contract to support sales price $XXX.
1.29.2026 Client provided executed Sales Contract price of $XXX
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have owned current home for XXX
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying DTI of XXX% is below guideline maximum of XXX%
 
409036698
XXXXXX
NY
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying DTI of XXX% is below guideline maximum of XXX%
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is below guideline maximum of XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
409036977
XXXXXX
TN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
B
A
A
A
B
A
B
A
B
A
A
A
B
A
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP847
TILA - ARM Loan Program Disclosure after 3 days from application
No
Application date XXX, initial Arm Disclosure in file is dated XXX.
01/22/26 Client provided the Initial XXX ARM Disclosure.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject and 3 financed REOs
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
409036977
XXXXXX
TN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
B
A
A
A
B
A
B
A
B
A
A
A
B
A
Credit
Application
Satisfied
B
A
B
A
CRDAPP131
Occupancy status not supported by file documentation
No
Borrower to provide sufficient LOE why Warranty Deed for subject Notarized XXX, states his departing residence 1. as his address, and 2. has subject's tax bills being sent to departing residence.Per docs in file, departing residence is already rented out.
1.23.2026 Client provided LOX email stating a move in date have not yet been determined for borrower to move in so the Buyer current address was used.  The Buyer can update the mailing address with the county tax office, at any point in time.
Condition satisfied
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject and 3 financed REOs
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
409036977
XXXXXX
TN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
B
A
A
A
B
A
B
A
B
A
A
A
B
A
Credit
Credit/Mtg History
Satisfied
B
A
B
A
CRDCRMH193
Length of mortgage/rental history in file does not meet guideline requirement
No
VOMs in file from XXX for a. XXX XXX REO's only reflect the number of lates in the last XXX. Per guidelines, provide updated VOMS for each for most recent XXX. May be subject to additional conditions upon review.
1/21 Client provided Emails that loans are reported to credit; only one active mortgage reported to credit  #XXX and it is last reported XXX; Condition remains  1.23.2026 Client provided email from XXX verifying Borrower having no late payment in life of the loans
Condition satisfied
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject and 3 financed REOs
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX qualifying score
 
409036986
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP849
TILA - Required ARM Loan Program Disclosure missing
No
Required ARM Loan Program Disclosure missing
XXX Client provided a copy of the XXX Booklet. Condition remains. Provide the ARM Loan Program Disclosure.XXX Client provided the missing ARM Disclosure.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX with 0x30 Mortgage payment history exceeds guidelines of XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% CLTV below guideline requirements of XXX% per program.
 
409037010
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is below guideline maximum of XXX%
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying DTI XXX% is below guideline maximum of XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
409037286
XXXXXX
DC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV of XXX% is below guideline max LTV of XXX%.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI of XXX is below guideline maximum DTI of XXX.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.
 
409037610
XXXXXX
NH
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
C
A
D
A
D
A
A
A
C
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3626
TRID - CD: Loan consummated before end of waiting period
No
Closing XXX. Initial CD not provided. Condition pending receipt initial CD & applicable COC forms w/ proof of delivery at least XXX prior to consummation.
10/16/2026 Client provided missing Initial CD XXX e-signed on XXX,  XXX reflecting e-consent for each and Disclosure details for Initial CD XXX.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Co-borrower has XXX at current job.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have XXX at current residence.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX at current job.
 
409037610
XXXXXX
NH
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
C
A
D
A
D
A
A
A
C
A
Credit
Credit/Mtg History
Satisfied
B
A
B
A
CRDCRMH193
Length of mortgage/rental history in file does not meet guideline requirement
No
Missing full XXX pay history per guideline for the following months  XXX and XXX through XXX.
1.15.2026 Client provided copy of Promissory Note for departure home where XXX hold the mortgage and borrowers pay XXX, VOM (from XXX through current) was provided verifying satisfactory payment history on departure home
Condition satisfied
(No Data)
Not Applicable
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Co-borrower has XXX at current job.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have XXX at current residence.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX at current job.
 
409037610
XXXXXX
NH
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
C
A
D
A
D
A
A
A
C
A
Credit
Credit/Mtg History
Satisfied
D
A
D
A
CRDCRMH149
Missing support docs for VOM/VOR (e.g. cancelled checks)
No
Missing proof the mortgage payment decreased from $XXX as stated on note to $XXX to match the amount paid on bank statements.
1.15.2026 Client provided Letter from Private Mortgage Holder (B2 XXX) whom is the Lien Holder on the departure home where Borrower pay parents the mortgage payment on the departure home, LOX signed by all parties states there is also an agreement that B2 would pay $XXX towards mortgage for departure home, this clarifies reason for decreased payment of $XXX being transferred out of Borrower account to XXX
Condition satisfied
(No Data)
Not Applicable
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Co-borrower has XXX at current job.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have XXX at current residence.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has XXX at current job.
 
409037617
XXXXXX
MN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
RESPA
Satisfied
B
A
B
A
CMPRESPA863
RESPA: Required Affiliate Business Disclosure missing
No
Missing Affiliate Business Disclosure
01/28/26 Client provided the missing ABD.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has >XXX at current job
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX% below guideline requirements XXX%.
 
409037617
XXXXXX
MN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
Right of Rescission
Waived
B
B
B
B
CMPROR1909
Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor
No
Per title commitment in file, loan originated with same lender. Incorrect ROR H-8 Form Used in Refinance with Original Creditor
1/26/2026 Client provided an exception approval for using incorrect ROR form
1/26/2026 Initial and final grade 2/B
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has >XXX at current job
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX% below guideline requirements XXX%.
 
409037617
XXXXXX
MN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3618
TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing
No
Initial CD XXX is not signed and there is no evidence in file of when it was delivered to borrower.  Product not disclosed at least XXX prior to closing date of XXX.
01/28/26 Client provided a Processor Cert from the Lender stating the condition is invalid, as the program code adjustment does not constitute a new waiting period under TRID. Condition remains. This exception triggered due to the missing confirmation of receipt by all parties for the Initial XXX CD. Without confirmation of receipt, the mail rule and waiting period calculates to an earliest Closing Date of XXX (loan Closed XXX). For further testing, provide the XXX CD confirmation of receipt by all title holders.02/10/2026 Client provided a Lender signed certification that the CD XXX was generate solely for internal Balancing purposes and was not issued to the Borrower. Initial Closing Disclosure was provided to the Borrower on XXX and has been added to the loan.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has >XXX at current job
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX% below guideline requirements XXX%.
 
409037617
XXXXXX
MN
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
C
A
C
A
CMPTRID3626
TRID - CD: Loan consummated before end of waiting period
No
Initial CD dated XXX is not signed and there is no evidence in file of when it was delivered to borrower. Provide proof of borrowers receipt of initial CD.
01/28/26 Client provided a Processor Cert from the Lender stating the condition is invalid, as the program code adjustment does not constitute a new waiting period under XXX. Condition remains. This exception triggered due to the missing confirmation of receipt by all parties for the Initial XXX CD. Without confirmation of receipt, the mail rule and waiting period calculates to an earliest Closing Date of XXX (loan Closed XXX). For further testing, provide the XXX CD confirmation of receipt by all title holders.02/10/2026 Client provided a Lender signed certification that the CD XXX was generate solely for internal Balancing purposes and was not issued to the Borrower. Initial Closing Disclosure was provided to the Borrower on XXX and has been added to the loan.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has >XXX at current job
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX% below guideline requirements XXX%.
 
409037654
XXXXXX
SC
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower XXX at current employment
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV XXX%
 
409037668
XXXXXX
AZ
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP849
TILA - Required ARM Loan Program Disclosure missing
No
Missing ARM Loan Program Disclosure
01/19/26 Client provided the missing ARM Loan Program Disclosure.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying DTI of $XXX% is below guideline maximum of XXX%
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is below guideline maximum of XXX%
 
409037681
XXXXXX
FL
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $ XXX or XXX PITIAGuidelines require XXX or $ XXX X 6 = $ XXX+ XXX for Additional REO or $ XXX X 3 = $ XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with XXX Late Payments > XXX
 
409037749
XXXXXX
VA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Both borrowers have XXX with current employers.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV of XXX% is below guideline max LTV of XXX%.
 
409037785
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
D
A
D
A
CMPTRID3600
TRID - CD delivered only via e-mail but there is no prior e-sign consent in file; by regulation, CD must be treated as not delivered
No
CDs e-signed by both titleholders; however, there is no prior e-sign consent in file for non-borrower; by regulation, e-signed disclosures must be treated as not delivered. Provide e-Consent for all titleholders.
01/20/26 Client provided the full Document Package Audit Report that reflects both E-Consents.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in the same profession for XXX.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Fico score XXX exceeds guide lines.
 
409037951
XXXXXX
MA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Credit
Credit/Mtg History
Waived
B
B
B
B
CRDCRMH3000
# of Tradelines Does Not Meet Guideline Requirements
No
 Tradelines Does Not Meet Guideline Requirements
Client provided exception waiver for tradelines not meeting guidelines
Claytons final grade B
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $XXX or XXX PITIAGuidelines require XXX + 3 forXXX, or $ XXX X 12  = $ XXX
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Low DTI XXX % Max DTI allowed is XXX %
 
409037972
XXXXXX
ME
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
B
D
A
B
A
D
B
B
B
D
A
B
A
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP849
TILA - Required ARM Loan Program Disclosure missing
No
Required ARM Loan Program Disclosure missing
01/19/26 Client provided the missing ARM Loan Program Disclosure.
Condition Satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $XXX or XXX PITIAGuidelines require XXX or $ XXX X 6 = $ XXX+ XXX for Additional REO or $ XXX X 3 = $ XXX
 
409037972
XXXXXX
ME
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
B
D
A
B
A
D
B
B
B
D
A
B
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller-paid fees that should be disclosed in Section H are not disclosed on Final CD XXX; Seller's CD in file & able to test; Condition Satisfied.
(No Data)
Condition Satisfied.
Numeric
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $XXX or XXX PITIAGuidelines require XXX or $ XXX X 6 = $ XXX+ XXX for Additional REO or $ XXX X 3 = $ XXX
 
409037972
XXXXXX
ME
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
B
D
A
B
A
D
B
B
B
D
A
B
A
Credit
DTI
Active
B
B
B
B
CRDDTI105
Debt Ratio Exception 5% or Less
No
DTI qualifying rate is over XXX%.  XXX%. Placing for possible pricing difference.
(No Data)
(No Data)
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $XXX or XXX PITIAGuidelines require XXX or $ XXX X 6 = $ XXX+ XXX for Additional REO or $ XXX X 3 = $ XXX
 
409037972
XXXXXX
ME
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
B
B
B
D
A
B
A
D
B
B
B
D
A
B
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR275
Completed "Subject To" w/o Completion Cert in File
No
Missing 1004D for Pipe Repair
1.16.2026 Client provided Septic System Repair Pictures for subject from XXX which appears to show sagged section of pipe removed and bent pipe removed with new pipe being installed & bedded in stone/pavers replaced and site backfilled all as stated per Septic system repair report along with exterior photos of areas, in addition copy of ICA Agreement in file (pg 276) reflecting the same: seller agrees to have the sewer line professionally repaired by XXX prior to closing at Sellers expense, any walkway or landscaping disturbed during the process shall be restored to its original condition.  All completed per this report along with exterior photos. Per appraisal, subject to completion of repair of sewer line as per the ICA agreement
Condition satisfied
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  High Credit XXX Guidelines allow XXX
 
CFCFS2860: Good credit history
- Clayton Comments:  Borrower Has history of good credit with 0 Late Payments > XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post Close Assets are $XXX or XXX PITIAGuidelines require XXX or $ XXX X 6 = $ XXX+ XXX for Additional REO or $ XXX X 3 = $ XXX
 
409038039
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Seller-paid fees that should be disclosed in Sections C, E, F, & H are not disclosed on Final CD XXX; Seller's CD in file & able to test; Condition Satisfied.
(No Data)
Condition Satisfied.
Numeric
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has >XXX at current job
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%  below guideline requirement XXX%
 
409038039
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing updated valuation supporting appraised value XXX (CU XXX)
2.4.2026 Client provided 3rd party CDA valuation supporting appraised value with XXX% variance
Condition satisfied
(No Data)
Not Applicable
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has >XXX at current job
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX%  below guideline requirement XXX%
 
409038067
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 24 points above the minimum required score of XXX.
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV; max XXX%.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITI available in reserves; XXX required.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI is below the maximum allowed DTI of XXX%.
 
CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been XXX with current business since XXX.
 
409038069
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying DT of XXX% is below guideline maximum of XXX%
 
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is below guideline maximum of XXX%
 
409038073
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post closing assets $XXX/XXX > than reserve requirement $XXX.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX mid score > min required of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Borrowers DTI XXX% is below guideline maximum XXX%.
 
409038324
XXXXXX
SC
QM: Rebuttable Presumption (APOR)
QM: Rebuttable Presumption (APOR)
D
B
D
B
A
A
D
A
D
B
D
B
A
A
D
A
Compliance
Ability to Repay/Qualified Mortgage
Satisfied
D
A
D
A
CMPATRQM3220
TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.
No
Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status. Upon receipt of missing income documentation and VOE required to determine QM status.
1.20.2026 Client provided lender cash flow income analysis for XXX income used for qualifying and provided YTD XXX Profit/Loss for XXX business supporting slight less income however DTI still within guidelines
Condition satisfied
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying DTI of XXX% is below guideline maximum of XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Months Reserves (Qual Rate) XXX exceed guideline requirement of XXX
 
409038324
XXXXXX
SC
QM: Rebuttable Presumption (APOR)
QM: Rebuttable Presumption (APOR)
D
B
D
B
A
A
D
A
D
B
D
B
A
A
D
A
Compliance
TILA/RESPA Integrated Disclosure
Satisfied
A
A
A
A
CMPTRID5293
TRID  Not all required seller-paid fees were disclosed on the CD
No
Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied
(No Data)
This exception is informational. Exception satisfied. Final Grade A
Numeric
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying DTI of XXX% is below guideline maximum of XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Months Reserves (Qual Rate) XXX exceed guideline requirement of XXX
 
409038324
XXXXXX
SC
QM: Rebuttable Presumption (APOR)
QM: Rebuttable Presumption (APOR)
D
B
D
B
A
A
D
A
D
B
D
B
A
A
D
A
Credit
Income/Employment
Satisfied
C
A
C
A
CRDINC2488
Verbal verification of employment missing
No
Verify the existence of the borrower's business within XXX prior to the note date.
1.20.2026 Client provided copy of XXX search of business dated XXX however missing 3rd party acceptable documentation verifying active status of business.  Condition remains  1.20.2026 Client provided SOS dated XXX (post close dated) for XXX business  (AUS)
condition satisfied
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying DTI of XXX% is below guideline maximum of XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Months Reserves (Qual Rate) XXX exceed guideline requirement of XXX
 
409038324
XXXXXX
SC
QM: Rebuttable Presumption (APOR)
QM: Rebuttable Presumption (APOR)
D
B
D
B
A
A
D
A
D
B
D
B
A
A
D
A
Credit
Income/Employment
Satisfied
D
A
D
A
CRDINC3204
Income Documentation Missing
No
1) Income calculation worksheet or 1008 with income calculation required. The XXX 1084, or XXX Form 91 or equivalent is required for XXX analysis.2) Provide a signed Profit and Loss statement for borrower's business. May be either audited or unaudited. CPA prepared, or borrower prepared is acceptable.
1.20.2026 Client provided lender cash flow income analysis for XXX income used for qualifying and provided YTD XXX Profit/Loss for XXX business supporting slight less income however DTI still within guidelines
Condition satisfied
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying DTI of XXX% is below guideline maximum of XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Months Reserves (Qual Rate) XXX exceed guideline requirement of XXX
 
409038324
XXXXXX
SC
QM: Rebuttable Presumption (APOR)
QM: Rebuttable Presumption (APOR)
D
B
D
B
A
A
D
A
D
B
D
B
A
A
D
A
Credit
Insurance
Satisfied
C
A
C
A
CRDINSR5352
Flood Effective date is greater than the transaction date
No
Flood Insurance Policy effective date XXX is greater than disbursement date XXX. Obtain policy to support Note date XXX.
1.20.2026 Client provided updated flood insurance policy effective XXX
Condition satisfied
Not Applicable
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying DTI of XXX% is below guideline maximum of XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Months Reserves (Qual Rate) XXX exceed guideline requirement of XXX
 
409038324
XXXXXX
SC
QM: Rebuttable Presumption (APOR)
QM: Rebuttable Presumption (APOR)
D
B
D
B
A
A
D
A
D
B
D
B
A
A
D
A
Credit
Insurance
Waived
B
B
B
B
CRDINSR5351
Insurance Effective date is greater than the transaction date
No
Hazard Insurance Policy effective date XXX is greater than disbursement date XXX. Obtain policy to support Note date XXX.
Client provided exception approval for Insurance Effective date is greater than the transaction date
Claytons final grade B
Not Applicable
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Qualifying DTI of XXX% is below guideline maximum of XXX%
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX credit score exceed guideline minimum of XXX
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Months Reserves (Qual Rate) XXX exceed guideline requirement of XXX
 
409038384
XXXXXX
WA
QM: Safe Harbor
QM: Safe Harbor (APOR)
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Compliance
Federal Consumer Protection
Satisfied
B
A
B
A
CMPFDCP847
TILA - ARM Loan Program Disclosure after 3 days from application
No
Missing ARM Loan Program Disclosure after 3 days from application XXX.
11/3/25 Client provided ARM disclosure delivered XXX.
11/3/25 Exception satisfied.
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close assets are $XXX or XXX months PITIA. Reserves required by AUS $XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  XXX years in profession
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score XXX above guideline XXX
 
409038384
XXXXXX
WA
QM: Safe Harbor
QM: Safe Harbor (APOR)
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Compliance
RESPA
Satisfied
B
A
B
A
CMPRESPA2698
RESPA - List of homeowners counseling organizations not in file
No
Missing  List of homeowners counseling organizations
11/3/25 Client provided counseling list.
11/3/25 Exception satisfied.
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close assets are $XXX or XXX months PITIA. Reserves required by AUS $XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  XXX years in profession
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score XXX above guideline XXX
 
409038385
XXXXXX
ID
QM: Safe Harbor
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrowers LTV XXX% is less than guideline maximum XXX%
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Borrowers DTI XXX% is below guideline minimum XXX%.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have lived at current residence for XXX years
 
409038386
XXXXXX
NJ
QM: Safe Harbor
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
B
A
A
D
B
A
A
Property Valuations
Appraisal
Satisfied
D
A
D
A
PRVAAPPR3116
Missing updated valuation
No
Missing updated valuation to support original apprised value of $XXX Clayton ordered Desk Review, pending.
4.25.2025 Desk review not supported variance XXX%.
Exception satisfied.
(No Data)
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX% is below DTI XXX%
 
CFCFS2854: Significant time in profession
- Clayton Comments:  B1 and B2 XXX years in profession
 
409038386
XXXXXX
NJ
QM: Safe Harbor
QM: Safe Harbor (APOR)
D
A
A
A
D
A
A
A
D
B
A
A
D
B
A
A
Property Valuations
Value
Satisfied
C
A
C
B
PRVAVALU5249
Property Value Not Supported
No
Desk review received not supported variance XXX% Field review recommended.
4/28/25 Client provided an additional copy of the CDA desk review with $XXX which has a XXX% variance, not supporting the $XXX appraised value used to qualify. XXX Field Review received value supported. value supported.
5.5.25 Exception Satisfied.
Not Applicable
Not Applicable
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI XXX% is below DTI XXX%
 
CFCFS2854: Significant time in profession
- Clayton Comments:  B1 and B2 XXX years in profession
 
409038387
XXXXXX
HI
QM: Safe Harbor
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close assets are$XXX or XXX months PITIA. Required PITIA reserves are XXX x $XXX = $XXX
 
CFCFS2854: Significant time in profession
- Clayton Comments:  XXX years in profession
 
409038388
XXXXXX
NC
QM: Safe Harbor
QM: Safe Harbor (APOR)
D
A
C
A
A
A
D
A
D
A
C
A
A
A
D
A
Compliance
Ability to Repay/Qualified Mortgage
Satisfied
D
A
D
A
CMPATRQM3220
TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.
No
Subject to: Missing evidence of payoffs of B2 & B3 departing PITI of $XXX. No evidence supporting excluding from DTI.
10/29/25 Client provided purchase agreement, rider, CD and promissory note. Subject departing is a balloon note with no payments for 6 months. Clayton removed PITI payment of departing residence.
10/29/25 Exception satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX Credit score exceeds guidelines of XXX.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Significant time at current residence, XXX years.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post closing reserves $XXX or XXX months PITIA exceed guideline required XXX x $XXX = $XXX and DU required  $XXX.
 
409038388
XXXXXX
NC
QM: Safe Harbor
QM: Safe Harbor (APOR)
D
A
C
A
A
A
D
A
D
A
C
A
A
A
D
A
Credit
DTI
Satisfied
C
A
C
A
CRDDTI187
Debt Ratio > 50%
No
Lender/DU approved with XXX% DTI, review DTI XXX% including B2 & B3 departing PITI of $XXX. No evidence supporting excluding from DTI.
10/29/25 Client provided purchase agreement, rider, CD and promissory note. Subject departing is a balloon note with no payments for XXX months. Clayton removed PITI payment of departing residence.
10/29/25 Exception satisfied.
(No Data)
Not Applicable
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX Credit score exceeds guidelines of XXX.
 
CFCFS1736: Significant time at current residence
- Clayton Comments:  Significant time at current residence, XXX years.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post closing reserves $XXX or XXX months PITIA exceed guideline required XXX x $XXX = $XXX and DU required  $XXX.
 
409038597
XXXXXX
NY
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
B
A
B
A
A
A
A
A
B
A
B
A
A
A
A
A
Credit
Insurance
Satisfied
B
A
B
A
CRDINSR289
Insufficient Hazard Insurance Coverage
No
Loan amount $XXX. HOI dwelling coverage $XXX + $XXX Other structures = $XXX; insufficient coverage. Provide updated HOI policy reflecting sufficient coverage. May be subject to additional conditions upon review.
2.11.2026 Client provided HOI policy with full XXX% replacement cost
Condition satisfied
(No Data)
Not Applicable
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $XXX verified assets is sufficient to cover required reserves $XXX.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  XXX exceeds guideline minimum XXX.
 
409039296
XXXXXX
TX
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
                             
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% CLTV below guideline requirements of XXX% per program.
 
CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  XXX with 0x30 Mortgage payment history exceeds guidelines of XXX.
 
CFCFS1744: DTI below guideline requirement
- Clayton Comments:  XXX% DTI below guideline requirement of XXX%.
 
409039483
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Credit
Assets
Satisfied
D
A
D
A
CRDAST2354
Asset Verification In File is Incomplete Per Requirements
No
Lender used assets from a trust account to meet the reserves requirement.  Borrower is the beneficiary of this account and receives a monthly distribution which was also used to qualify.  File is missing documentation of the conditions under which the borrower has access to the funds and the effect, if any, that the withdrawal of funds will have on trust income used in qualifying the borrower for the mortgage.
2.4.2026 Client provided copy of Trust along with copy of Trust statement with balance of over $XXX all is not needed for reserves, minimal amount needed for reserves and provided copy of Revocable Trust
Condition satisfied
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Co-borrower has been with current employer since XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have XXX of PITI available in reserves; XXX required.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 120 points above the minimum required score of XXX.
 
409039483
XXXXXX
CA
QM: Safe Harbor (APOR)
QM: Safe Harbor (APOR)
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Credit
Income/Employment
Satisfied
C
A
C
A
CRDINC150
Income docs do not meet guidelines
No
Trust income of $XXX/month was used to qualify and was supported by a trust account statement showing disbursements to the borrower.  However, file is missing additional documentation as required by client guidelines:1) Guarantee trust income at its current amount will continue for at least XXX.  This is different than requirement of sufficient account balance to verify XXX continuance.2) Documentation verifying regular receipt of trust income for the past XXX (XXX) or XXX (XXX) XXX.3) Copy of trust agreement or trustee statement showing total amount of borrower designated trust funds, terms of payment, duration of trust and evidence the trust is irrevocable.
2.24.2026 Client provided copy of Trust statements verifying receipt of monthly Trust income of $XXX for B1 (over XXX evidence of receipt was provided) along with Letter from Trustee and copy of Trust and Trust statement supports over XXX continuance and was stated verified with Trust Letter.
Condition satisfied
(No Data)
Not Applicable
CFCFS1737: LTV below guideline requirements
- Clayton Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.
 
CFCFS1735: Co-Borrower has significant time at current job
- Clayton Comments:  Co-borrower has been with current employer since XXX.
 
CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have XXX of PITI available in reserves; XXX required.
 
CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score of XXX is 120 points above the minimum required score of XXX.
 

Client Name:
Redwood Trust
                                 
Client Project Name:
SEMT 2026-HYB1
                                 
Deal Loan Count:
260
                                   
                                       
                                       
Conditions Report 2.0
                                   
                                       
Loans in Report:
260
                                   
Loans with Conditions:   
196
                                   
                                       
Loan Number
Lender Application Date
Broker Application Date
Initial Securitization Overall Loan Grade
Final Securitization Overall Loan Grade
Initial Securitization Credit Loan Grade
Final Securitization Credit Loan Grade
Initial Securitization Property Valuations Loan Grade
Final Securitization Property Valuations Loan Grade
Initial Securitization Compliance Loan Grade
Final Securitization Compliance Loan Grade
Initial S&P Overall Loan Grade
Final S&P Overall Loan Grade
Initial S&P Credit Loan Grade
Final S&P Credit Loan Grade
Initial S&P Property Valuations Loan Grade
Final S&P Property Valuations Loan Grade
Initial S&P Compliance Loan Grade
Final S&P Compliance Loan Grade
Did Lender Acknowledge Exception at Origination
409022016
XXXXXX
XXXXXX
D
B
D
B
D
B
C
A
D
B
D
B
D
B
C
A
Not Applicable
409022020
XXXXXX
XXXXXX
D
B
A
A
D
B
A
A
D
B
A
A
D
B
A
A
Not Applicable
409022021
XXXXXX
XXXXXX
D
A
A
A
D
A
C
A
D
A
A
A
D
A
C
A
Not Applicable
409022029
XXXXXX
XXXXXX
D
B
D
B
A
A
D
B
D
B
D
B
A
A
D
B
No
409022040
XXXXXX
XXXXXX
D
B
C
B
D
A
A
A
D
B
C
B
D
A
A
A
Not Applicable
409022041
XXXXXX
XXXXXX
C
A
C
A
A
A
A
A
C
A
C
A
A
A
A
A
Not Applicable
409022053
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409022288
XXXXXX
XXXXXX
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Not Applicable
409023727
XXXXXX
XXXXXX
D
B
A
A
D
A
B
B
D
B
A
A
D
A
B
B
No
409024237
XXXXXX
XXXXXX
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Not Applicable
409024436
XXXXXX
XXXXXX
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Not Applicable
409024602
XXXXXX
XXXXXX
D
B
D
A
A
A
D
B
D
B
D
A
A
A
D
B
Not Applicable
409025430
XXXXXX
XXXXXX
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Yes
409025472
XXXXXX
XXXXXX
D
B
C
B
D
B
A
A
D
B
C
B
D
B
A
A
No
409025997
XXXXXX
XXXXXX
B
B
A
A
A
A
B
B
B
B
A
A
A
A
B
B
No
409026012
XXXXXX
XXXXXX
B
B
B
B
A
A
B
A
B
B
B
B
A
A
B
A
Not Applicable
409026066
XXXXXX
XXXXXX
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
No
409026125
XXXXXX
XXXXXX
D
B
A
A
D
B
A
A
D
B
A
A
D
B
A
A
No
409026162
XXXXXX
XXXXXX
D
B
A
A
D
B
B
A
D
B
A
A
D
B
B
A
Not Applicable
409026178
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409026188
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409026193
XXXXXX
XXXXXX
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Not Applicable
409026202
XXXXXX
XXXXXX
C
A
B
A
A
A
C
A
C
A
B
A
A
A
C
A
Not Applicable
409026260
XXXXXX
XXXXXX
D
B
C
A
A
A
D
B
D
B
C
A
A
A
D
B
No
409026332
XXXXXX
XXXXXX
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Not Applicable
409026337
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409026356
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409026906
XXXXXX
XXXXXX
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
No
409026997
XXXXXX
XXXXXX
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
No
409027029
XXXXXX
XXXXXX
D
A
B
A
A
A
D
A
D
A
B
A
A
A
D
A
No
409027058
XXXXXX
XXXXXX
D
B
D
A
A
A
D
B
D
B
D
A
A
A
D
B
Not Applicable
409028839
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409028841
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409028957
XXXXXX
XXXXXX
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
No
409029084
XXXXXX
XXXXXX
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Not Applicable
409029142
XXXXXX
XXXXXX
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Not Applicable
409029166
XXXXXX
XXXXXX
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Not Applicable
409029234
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409029266
XXXXXX
XXXXXX
D
B
C
B
A
A
D
A
D
B
C
B
A
A
D
A
Not Applicable
409030231
XXXXXX
XXXXXX
B
A
B
A
A
A
A
A
B
A
B
A
A
A
A
A
Not Applicable
409030548
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409030636
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409030649
XXXXXX
XXXXXX
D
A
D
A
A
A
C
A
D
A
D
A
A
A
C
A
No
409030999
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409031001
XXXXXX
XXXXXX
D
B
B
B
A
A
D
A
D
B
B
B
A
A
D
A
Not Applicable
409031002
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031003
XXXXXX
XXXXXX
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
No
409031004
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409031005
XXXXXX
XXXXXX
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Not Applicable
409031006
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409031007
XXXXXX
XXXXXX
D
A
A
A
D
A
C
A
D
A
A
A
D
A
C
A
No
409031009
XXXXXX
XXXXXX
D
B
C
B
D
B
A
A
D
B
C
B
D
B
A
A
No
409031010
XXXXXX
XXXXXX
D
B
A
A
D
A
B
B
D
B
A
A
D
A
B
B
No
409031011
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031012
XXXXXX
XXXXXX
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Not Applicable
409031013
XXXXXX
XXXXXX
D
B
D
B
A
A
A
A
D
B
D
B
A
A
A
A
Not Applicable
409031014
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031015
XXXXXX
XXXXXX
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
No
409031016
XXXXXX
XXXXXX
D
B
D
B
D
A
A
A
D
B
D
B
D
A
A
A
No
409031017
XXXXXX
XXXXXX
D
A
A
A
D
A
D
A
D
A
A
A
D
A
D
A
Not Applicable
409031018
XXXXXX
XXXXXX
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Not Applicable
409031019
XXXXXX
XXXXXX
D
B
B
A
D
B
A
A
D
B
B
A
D
B
A
A
Not Applicable
409031020
XXXXXX
XXXXXX
D
B
B
B
D
B
A
A
D
B
B
B
D
B
A
A
No
409031041
XXXXXX
XXXXXX
D
A
D
A
A
A
D
A
D
A
D
A
A
A
D
A
Not Applicable
409031058
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031159
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409031178
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031222
XXXXXX
XXXXXX
C
B
C
B
A
A
A
A
C
B
C
B
A
A
A
A
Yes
409031288
XXXXXX
XXXXXX
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
No
409031448
XXXXXX
XXXXXX
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Not Applicable
409031466
XXXXXX
XXXXXX
D
A
C
A
A
A
D
A
D
A
C
A
A
A
D
A
Not Applicable
409031491
XXXXXX
XXXXXX
D
A
B
A
A
A
D
A
D
A
B
A
A
A
D
A
No
409031621
XXXXXX
XXXXXX
B
B
A
A
A
A
B
B
B
B
A
A
A
A
B
B
Yes
409031659
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031708
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031725
XXXXXX
XXXXXX
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Not Applicable
409031726
XXXXXX
XXXXXX
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Not Applicable
409031727
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409031729
XXXXXX
XXXXXX
D
B
D
B
A
A
D
A
D
B
D
B
A
A
D
A
Not Applicable
409031730
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031731
XXXXXX
XXXXXX
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Not Applicable
409031732
XXXXXX
XXXXXX
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Not Applicable
409031734
XXXXXX
XXXXXX
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Not Applicable
409031735
XXXXXX
XXXXXX
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Not Applicable
409031737
XXXXXX
XXXXXX
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Not Applicable
409031740
XXXXXX
XXXXXX
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Not Applicable
409031741
XXXXXX
XXXXXX
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Not Applicable
409031742
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031743
XXXXXX
XXXXXX
C
B
C
B
A
A
A
A
C
B
C
B
A
A
A
A
Not Applicable
409031744
XXXXXX
XXXXXX
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Not Applicable
409031745
XXXXXX
XXXXXX
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Not Applicable
409031746
XXXXXX
XXXXXX
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Not Applicable
409031748
XXXXXX
XXXXXX
C
B
B
B
A
A
C
B
C
B
B
B
A
A
C
B
Not Applicable
409031750
XXXXXX
XXXXXX
D
B
A
A
D
A
C
B
D
B
A
A
D
A
C
B
No
409031751
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409031752
XXXXXX
XXXXXX
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Not Applicable
409031753
XXXXXX
XXXXXX
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Not Applicable
409031755
XXXXXX
XXXXXX
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Not Applicable
409031756
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031757
XXXXXX
XXXXXX
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Not Applicable
409031759
XXXXXX
XXXXXX
D
B
D
A
A
A
C
B
D
B
D
A
A
A
C
B
Not Applicable
409031760
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031761
XXXXXX
XXXXXX
D
B
B
B
D
A
A
A
D
B
B
B
D
A
A
A
Yes
409031762
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031763
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031764
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031765
XXXXXX
XXXXXX
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Not Applicable
409031766
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031767
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031768
XXXXXX
XXXXXX
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Not Applicable
409031769
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031770
XXXXXX
XXXXXX
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Not Applicable
409031771
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409031772
XXXXXX
XXXXXX
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Not Applicable
409031773
XXXXXX
XXXXXX
D
B
C
B
D
A
A
A
D
B
C
B
D
A
A
A
Not Applicable
409031774
XXXXXX
XXXXXX
D
B
D
A
A
A
C
B
D
B
D
A
A
A
C
B
No
409031777
XXXXXX
XXXXXX
D
B
A
A
D
A
C
B
D
B
A
A
D
A
C
B
Not Applicable
409031779
XXXXXX
XXXXXX
C
B
C
B
A
A
A
A
C
B
C
B
A
A
A
A
No
409031792
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409031803
XXXXXX
XXXXXX
D
B
C
B
A
A
D
B
D
B
C
B
A
A
D
B
Not Applicable
409031835
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409032147
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409032168
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409032545
XXXXXX
XXXXXX
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Not Applicable
409032548
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409032588
XXXXXX
XXXXXX
D
B
B
A
A
A
D
B
D
B
B
A
A
A
D
B
Not Applicable
409032599
XXXXXX
XXXXXX
C
B
C
B
A
A
A
A
C
B
C
B
A
A
A
A
Not Applicable
409032619
XXXXXX
XXXXXX
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Not Applicable
409032827
XXXXXX
XXXXXX
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
No
409032911
XXXXXX
XXXXXX
D
A
D
A
A
A
D
A
D
A
D
A
A
A
D
A
No
409032936
XXXXXX
XXXXXX
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
No
409032947
XXXXXX
XXXXXX
D
B
A
A
B
B
D
A
D
B
A
A
B
B
D
A
Yes
409032987
XXXXXX
XXXXXX
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Not Applicable
409033256
XXXXXX
XXXXXX
B
B
A
A
A
A
B
B
B
B
A
A
A
A
B
B
Not Applicable
409033267
XXXXXX
XXXXXX
D
B
A
A
A
A
D
B
D
B
A
A
A
A
D
B
No
409033271
XXXXXX
XXXXXX
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Not Applicable
409033274
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409033278
XXXXXX
XXXXXX
B
B
A
A
A
A
B
B
B
B
A
A
A
A
B
B
Not Applicable
409033290
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409033304
XXXXXX
XXXXXX
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Not Applicable
409033305
XXXXXX
XXXXXX
D
B
A
A
D
A
C
B
D
B
A
A
D
A
C
B
No
409033307
XXXXXX
XXXXXX
D
B
D
A
A
A
C
B
D
B
D
A
A
A
C
B
Not Applicable
409033308
XXXXXX
XXXXXX
C
B
C
B
A
A
A
A
C
B
C
B
A
A
A
A
Not Applicable
409033309
XXXXXX
XXXXXX
C
A
A
A
C
A
C
A
C
A
A
A
C
A
C
A
Not Applicable
409033328
XXXXXX
XXXXXX
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
No
409033343
XXXXXX
XXXXXX
D
B
D
A
C
A
D
B
D
B
D
A
C
A
D
B
No
409033358
XXXXXX
XXXXXX
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
No
409033372
XXXXXX
XXXXXX
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Not Applicable
409033401
XXXXXX
XXXXXX
B
B
A
A
A
A
B
B
B
B
A
A
A
A
B
B
No
409033436
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409033446
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409033451
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409033459
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409033489
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409033500
XXXXXX
XXXXXX
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Not Applicable
409033509
XXXXXX
XXXXXX
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Not Applicable
409033520
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409033768
XXXXXX
XXXXXX
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Not Applicable
409033779
XXXXXX
XXXXXX
C
A
C
A
A
A
A
A
C
A
C
A
A
A
A
A
No
409033817
XXXXXX
XXXXXX
D
B
D
B
D
A
A
A
D
B
D
B
D
A
A
A
Not Applicable
409033818
XXXXXX
XXXXXX
C
B
B
B
C
B
A
A
C
B
B
B
C
B
A
A
No
409033819
XXXXXX
XXXXXX
C
B
A
A
C
B
A
A
C
B
A
A
C
B
A
A
Not Applicable
409033820
XXXXXX
XXXXXX
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Yes
409033821
XXXXXX
XXXXXX
C
A
A
A
C
A
A
A
C
A
A
A
C
A
A
A
Not Applicable
409033822
XXXXXX
XXXXXX
C
B
C
B
A
A
C
B
C
B
C
B
A
A
C
B
Not Applicable
409033823
XXXXXX
XXXXXX
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
No
409033824
XXXXXX
XXXXXX
D
B
A
A
D
A
D
B
D
B
A
A
D
A
D
B
Not Applicable
409033825
XXXXXX
XXXXXX
C
B
C
B
A
A
C
B
C
B
C
B
A
A
C
B
Not Applicable
409033826
XXXXXX
XXXXXX
D
B
D
B
A
A
B
A
D
B
D
B
A
A
B
A
No
409033827
XXXXXX
XXXXXX
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Not Applicable
409033828
XXXXXX
XXXXXX
D
B
A
A
A
A
D
B
D
B
A
A
A
A
D
B
Not Applicable
409033829
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409033831
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409033832
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409033834
XXXXXX
XXXXXX
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
No
409033835
XXXXXX
XXXXXX
C
B
C
A
A
A
C
B
C
B
C
A
A
A
C
B
Not Applicable
409033836
XXXXXX
XXXXXX
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
No
409033837
XXXXXX
XXXXXX
C
A
A
A
C
A
A
A
C
A
A
A
C
A
A
A
Not Applicable
409033839
XXXXXX
XXXXXX
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Not Applicable
409033840
XXXXXX
XXXXXX
D
A
A
A
D
A
A
A
D
B
A
A
D
B
A
A
No
409033841
XXXXXX
XXXXXX
D
B
D
B
C
A
D
A
D
B
D
B
C
A
D
A
Not Applicable
409033842
XXXXXX
XXXXXX
C
A
A
A
C
A
A
A
C
A
A
A
C
A
A
A
Not Applicable
409033843
XXXXXX
XXXXXX
C
A
A
A
C
A
A
A
C
A
A
A
C
A
A
A
No
409033844
XXXXXX
XXXXXX
B
B
A
A
B
B
B
B
B
B
A
A
B
B
B
B
No
409033845
XXXXXX
XXXXXX
C
B
A
A
C
A
B
B
C
B
A
A
C
A
B
B
No
409033846
XXXXXX
XXXXXX
D
B
A
A
D
A
C
B
D
B
A
A
D
A
C
B
No
409033847
XXXXXX
XXXXXX
C
B
A
A
C
B
A
A
C
B
A
A
C
B
A
A
No
409033848
XXXXXX
XXXXXX
D
B
B
B
D
B
A
A
D
B
B
B
D
B
A
A
No
409033850
XXXXXX
XXXXXX
D
B
D
B
B
A
A
A
D
B
D
B
B
A
A
A
No
409033851
XXXXXX
XXXXXX
B
A
A
A
B
A
A
A
B
A
A
A
B
A
A
A
Not Applicable
409033852
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409033853
XXXXXX
XXXXXX
D
B
A
A
A
A
D
B
D
B
A
A
A
A
D
B
No
409033854
XXXXXX
XXXXXX
B
A
A
A
B
A
A
A
B
A
A
A
B
A
A
A
No
409033855
XXXXXX
XXXXXX
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Not Applicable
409033856
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409033857
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409033858
XXXXXX
XXXXXX
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
No
409033861
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409033915
XXXXXX
XXXXXX
D
B
D
B
A
A
D
A
D
B
D
B
A
A
D
A
Yes
409034047
XXXXXX
XXXXXX
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Not Applicable
409034050
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409034082
XXXXXX
XXXXXX
D
B
C
A
A
A
D
B
D
B
C
A
A
A
D
B
No
409034090
XXXXXX
XXXXXX
C
A
A
A
A
A
C
A
C
A
A
A
A
A
C
A
Not Applicable
409034099
XXXXXX
XXXXXX
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Not Applicable
409034102
XXXXXX
XXXXXX
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Not Applicable
409034104
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409034107
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409034108
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409034109
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409034114
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409034122
XXXXXX
XXXXXX
D
A
D
A
A
A
D
A
D
A
D
A
A
A
D
A
Not Applicable
409034139
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409034142
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409034145
XXXXXX
XXXXXX
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Not Applicable
409034160
XXXXXX
XXXXXX
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Not Applicable
409034186
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409034192
XXXXXX
XXXXXX
D
A
A
A
D
A
B
A
D
A
A
A
D
A
B
A
Not Applicable
409034243
XXXXXX
XXXXXX
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
No
409034262
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409034295
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409034316
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409034335
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409034337
XXXXXX
XXXXXX
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Not Applicable
409034344
XXXXXX
XXXXXX
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Not Applicable
409034347
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409034985
XXXXXX
XXXXXX
B
A
B
A
A
A
A
A
B
A
B
A
A
A
A
A
Not Applicable
409035034
XXXXXX
XXXXXX
B
A
B
A
A
A
A
A
B
A
B
A
A
A
A
A
Not Applicable
409035353
XXXXXX
XXXXXX
D
B
D
A
C
B
A
A
D
B
D
A
C
B
A
A
Not Applicable
409035381
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409035396
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409035414
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409035549
XXXXXX
XXXXXX
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Not Applicable
409036698
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409036977
XXXXXX
XXXXXX
B
A
B
A
A
A
B
A
B
A
B
A
A
A
B
A
No
409036986
XXXXXX
XXXXXX
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Not Applicable
409037010
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409037286
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409037610
XXXXXX
XXXXXX
D
A
D
A
A
A
C
A
D
A
D
A
A
A
C
A
No
409037617
XXXXXX
XXXXXX
C
B
A
A
A
A
C
B
C
B
A
A
A
A
C
B
Not Applicable
409037654
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409037668
XXXXXX
XXXXXX
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Not Applicable
409037681
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409037749
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
No
409037785
XXXXXX
XXXXXX
D
A
A
A
A
A
D
A
D
A
A
A
A
A
D
A
Not Applicable
409037951
XXXXXX
XXXXXX
B
B
B
B
A
A
A
A
B
B
B
B
A
A
A
A
Not Applicable
409037972
XXXXXX
XXXXXX
D
B
B
B
D
A
B
A
D
B
B
B
D
A
B
A
Not Applicable
409038039
XXXXXX
XXXXXX
D
A
A
A
D
A
A
A
D
A
A
A
D
A
A
A
Not Applicable
409038067
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409038069
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409038073
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409038324
XXXXXX
XXXXXX
D
B
D
B
A
A
D
A
D
B
D
B
A
A
D
A
Not Applicable
409038384
XXXXXX
XXXXXX
B
A
A
A
A
A
B
A
B
A
A
A
A
A
B
A
Not Applicable
409038385
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409038386
XXXXXX
XXXXXX
D
A
A
A
D
A
A
A
D
B
A
A
D
B
A
A
Not Applicable
409038387
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409038388
XXXXXX
XXXXXX
D
A
C
A
A
A
D
A
D
A
C
A
A
A
D
A
No
409038597
XXXXXX
XXXXXX
B
A
B
A
A
A
A
A
B
A
B
A
A
A
A
A
No
409039296
XXXXXX
XXXXXX
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
Not Applicable
409039483
XXXXXX
XXXXXX
D
A
D
A
A
A
A
A
D
A
D
A
A
A
A
A
Not Applicable