EXHIBIT 99.2

CLAYTON CONDITIONS REPORT


Client Name:

  

PennyMac

Client Project Name:

  

PNMAC PMTLT 2026-CNF3 J16585

Conditions Report 2.0

  

Loans in Report:

  

268

Loans with Conditions:

  

200

 

39 - Total Active Conditions

  
 

7 - Material Conditions

   

3 - Property Valuations Review Scope

      

1 - Category: Appraisal

      

2 - Category: Value

   

4 - Compliance Review Scope

      

3 - Category: Ability to Repay/Qualified Mortgage

      

1 - Category: TILA/RESPA Integrated Disclosure

 

32 - Non-Material Conditions

   

5 - Credit Review Scope

      

1 - Category: Credit/Mtg History

      

1 - Category: DTI

      

2 - Category: Income/Employment

      

1 - Category: Terms/Guidelines

   

1 - Property Valuations Review Scope

      

1 - Category: Appraisal

   

26 - Compliance Review Scope

      

1 - Category: APR Tolerance

      

1 - Category: Documentation

      

15 - Category: RESPA

      

7 - Category: Right of Rescission

      

2 - Category: Texas Home Equity

352 - Total Satisfied Conditions

  
   

48 - Credit Review Scope

      

15 - Category: Ability to Repay/Qualified Mortgage

      

8 - Category: Assets

      

2 - Category: Credit/Mtg History

      

3 - Category: DTI

      

7 - Category: Income/Employment

      

2 - Category: Insurance

      

6 - Category: Terms/Guidelines

      

5 - Category: Title

   

221 - Property Valuations Review Scope

      

214 - Category: Appraisal

      

1 - Category: Potential Misrepresentation

      

6 - Category: Value

   

83 - Compliance Review Scope

      

17 - Category: Ability to Repay/Qualified Mortgage

      

1 - Category: APR Tolerance

      

3 - Category: Compliance Manual

      

4 - Category: Documentation

      

1 - Category: Federal Consumer Protection

      

3 - Category: Finance Charge Tolerance

      

1 - Category: Right of Rescission

      

1 - Category: State Consumer Protection

      

2 - Category: Texas Home Equity

      

50 - Category: TILA/RESPA Integrated Disclosure

0 - Total Waived Conditions

  

©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:

  

PennyMac

Client Project Name:    PNMAC PMTLT 2026-CNF3 J16585
Conditions Report 2.0   
Loans in Report:    268
Loans with Conditions:    200

 

Deal
ID
  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
                                                                           
615   XXXXXX   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   C   A   C   A   CMPFDCP3206   NMLS
License
verification
found Loan
Originator
Name does not
match ID
  No   Loan
Originator
Organization
NMLS ID of
XXX printed
on 1003,
Note, and
Deed is
connected to
“XXXXXX”
and does not
match
“XXXXXX”
and this name
does not
appear as an
“Other Trade
Name” for
XXXXXX
The NMLS
ID for
XXXXXX is
XXXXXX
according to
the NMLS
consumer
access
website.
  10/15/2025:
Received
corrected
Mortgage
showing
correct
NMLS ID/
Originator.
  10/15/2025:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrower has lived at the current residence for 52 years

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been operating XXX business for 37 years

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage payment history is positive over the review period.

                                                                           
592   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   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   Need
evidence of
change of
circumstances
letter for Ten
Percent
tolerance,
Notary and
Endorsement
fees increase,
or a copy of a
refund check
in the amount
of $230.10.
*** PCCD
provided &
include if fee
decreased
  1.14.2026 -
Cure
provided
  1.14.2026 -
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI: DTI 26.58% is below the guideline maximum of 50%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: FICO: Credit score of 796 is 176 points above minimum program requirement of 620.

                                                                           
592   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is PIW
approved,
Clayton to
order BPO.
  1/5/2026
Received
BPO.
Value
supported
with +
2.37%
variance.
  1/5/2026
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI: DTI 26.58% is below the guideline maximum of 50%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: FICO: Credit score of 796 is 176 points above minimum program requirement of 620.


Deal
ID
  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
                                                                           
592   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation.
Clayton to
order BPO
  1/5/2026
Received
BPO.
Value
supported
with +
2.37%
variance.
  1/5/2026
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI: DTI 26.58% is below the guideline maximum of 50%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: FICO: Credit score of 796 is 176 points above minimum program requirement of 620.

                                                                           
593   XXXXXX   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   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
$525 due to
added Survey
fee no valid
reason in file.
Provide COC
reflecting
valid reason
for the fee
changes or
PCCD with
cure, copy of
cure check,
LOE to
borrower and
evidence of
delivery via
method
including
tracking
information
within 60 days
of discovery.
  1.13.2026
- Cure
provided
  1.13.26 -
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 705 is 85 points above minimum program requirement of 620.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets at $18053.58. Required reserves: $0.00

                                                                           
5   XXXXXX   XXXXXX   OK   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   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   Missing
supporting
documentation
for omitting
$3802.12
mortgage
payment from
borrowers’
monthly
liabilities
  2/23/2026:
Received
docs to
show
REO sold
1/7/2026 -
after
closing
but prior
to delivery
to FNMA
and first
payment
date to
new loan.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves in the amount of $51,726.49 exceeds $0.00 the minimum required per AUS findings

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 27 months positive mortgage payment history exceeds 12 months the minimum required per lender guidelines

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 43.91% is below 45.00% the maximum allowable per lender guidelines

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 782 exceeds 620 the minimum required per lender guidelines

 


Deal
ID
  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
                                                                           
5   XXXXXX   XXXXXX   OK   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   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
Relocation
agreement
to include
details
relating to
departing
residence
XXX
(Mortgage
payment
$3,802.12
was not
included
in DTI of
43.91%)
Including
payment
results in a
DTI of
70.00%
  2/23/2026:
Received
docs to
show
REO sold
1/7/2026 -
after
closing
but prior
to delivery
to FNMA
and first
payment
date to
new loan.
  2/23/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves in the amount of $51,726.49 exceeds $0.00 the minimum required per AUS findings

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 27 months positive mortgage payment history exceeds 12 months the minimum required per lender guidelines

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 43.91% is below 45.00% the maximum allowable per lender guidelines

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 782 exceeds 620 the minimum required per lender guidelines

                                                                           
5   XXXXXX   XXXXXX   OK   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   D   A   D   A   D   A   A   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation.
CU score
> 2.5.
Clayton to
order desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves in the amount of $51,726.49 exceeds $0.00 the minimum required per AUS findings

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 27 months positive mortgage payment history exceeds 12 months the minimum required per lender guidelines

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 43.91% is below 45.00% the maximum allowable per lender guidelines

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 782 exceeds 620 the minimum required per lender guidelines

                                                                           
6   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   D   A   D   A   A   A   A   A   D   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   D   A   D   A   CMPTRID5107   TRID -
Seller CD
not in file;
need in
order to
complete
fee entry
  No   Seller CD
not in file.
  2.23.2026
-Seller CD
provided
  2.23.2026
-Exception
satisfied
  Not
Applicable
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $76,691.75. AUS requires $0 reserves.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0x30 in 12 years of history.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: FICO midscore of 797 exceeds minimum of 620.


Deal
ID
  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
                                                                           
6   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   D   A   D   A   A   A   A   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA or
CU
score is
no
score.
Clayton
to order
desk
review
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $76,691.75. AUS requires $0 reserves.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0x30 in 12 years of history.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: FICO midscore of 797 exceeds minimum of 620.

                                                                           
8   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   D   A   D   B   A   A   D   B   D   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   D   A   D   A   CMPTRID5107   TRID -
Seller
CD not
in file;
need in
order to
complete
fee entry
  No   Seller
CD not
in file
  2.23.2026
-Seller CD
provided
  2.23.2026
-Exception
satisfied
  Not
Applicable
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified credit score 786 exceeds guideline minimum of 620

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Low credit line usage

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified Post close assets: $421402 exceeds reserves requirement of $0.00

                                                                           
8   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   D   A   D   B   A   A   D   B   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
(or CU)
score is
>2.5.
Clayton
to order
desk
review
  2/18/2026:
CDA
provided
does not
support
appraised
value.
Field
Review
ordered
  2/18/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified credit score 786 exceeds guideline minimum of 620

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Low credit line usage

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified Post close assets: $421402 exceeds reserves requirement of $0.00


Deal
ID
  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
                                                                           
8   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   D   A   D   B   A   A   D   B   D   A   Property
Valuations
  Value   Satisfied   C   A   C   B   PRVAVALU5249   Property
Value Not
Supported
  No   2/18/2026:
Exception
added after
review of
trailing docs:
2/18/2026:
CDA
provided
does not
support
appraised
value. Field
Review
ordered.
  3/9/2026:
Received
Field
Review
supporting
value.
  3/9/2026:
Exception
satisfied.
  Not
Applicable
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified credit score 786 exceeds guideline minimum of 620

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Low credit line usage

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified Post close assets: $421402 exceeds reserves requirement of $0.00

                                                                           
9   XXXXXX   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   RESPA   Active   B   B   B   B   CMPRESPA2700   RESPA -
List of
homeowners
counseling
organizations
not provided
w/in 3 days
of
application
  No   List of
homeowners
counseling
organizations
not provided
w/in 3 days
of
application
  (No Data)   (No Data)   (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 774 fico exceeds typical minimum 620 (no minimum for Fannie currently)

 

CFCFS2860: Good credit history

- Clayton Comments: 0x30 no derogatory marks

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80% LTV below 90% maximum

                                                                           
12   XXXXXX   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: LTV = 84%. Max LTV = 95%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying Credit Score = 717. Minimum Allowable Credit Score = 620.


Deal
ID
  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
                                                                           
13   XXXXXX   XXXXXX   MT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   A   A   B   B   D   B   D   A   A   A   B   B   Compliance   Right of
Rescission
  Active   B   B   B   B   CMPROR1909   Incorrect
ROR
Form
Used - H8
Form
Used in
Refinance
With
Original
Creditor
  No   H8 used on a
lender to
lender
refinance-
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 2
condition.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 730 is 110 points above minimum program requirement of 620.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been employed at current job for 208 months.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has $223,279.51/82.24 PITIA which is > guideline minimum.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 266 months.

                                                                           
13   XXXXXX   XXXXXX   MT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   A   A   B   B   D   B   D   A   A   A   B   B   Credit   Title   Satisfied   D   A   D   A   CRDTIL865   Title
incomplete
  No   Title
Commitment
in file
doesn’t
reflect the
full coverage
amount.
  2/25/2026:
Received
Final Title
showing
coverage
meeting
loan
amount.
  2/25/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 730 is 110 points above minimum program requirement of 620.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been employed at current job for 208 months.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has $223,279.51/82.24 PITIA which is > guideline minimum.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 266 months.

                                                                           
14   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Missing
updated
valuation.
Loan is PIW
approved,
Clayton to
order BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 31.45% is above the minimum program requirements of 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median Fico Score of 792 > 172 required guideline requirements of 620


Deal
ID
  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
                                                                           
14   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   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.
Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No Data)   Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 31.45% is above the minimum program requirements of 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median Fico Score of 792 > 172 required guideline requirements of 620

                                                                           
15   XXXXXX   XXXXXX   TX   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   CMPTRID5107   TRID -
Seller
CD not
in file;
need in
order to
complete
fee entry
  No   Seller CD
missing
from file.
  2.23.2026
-Seller CD
provided
  2.23.2026
-
Exception
satisfied
  Not
Applicable
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 779 is 159 points above minimum program requirement of 620.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 34.84% is below the guideline maximum of 50%.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 97%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has $179,019.87/49.87 PITIA which is > guideline minimum.

                                                                           
20   XXXXXX   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 of $165,625.17 exceed guideline requirement of $0

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 72.96% LTV below maximum allowed rate/term LTV of 95%

 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history. 726 Median Credit Score, Oldest Trades 6/2005 & 6/1984


Deal
ID
  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
                                                                           
21   XXXXXX   XXXXXX   HI   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   XXX
XXX
11/9/25
statement
is
missing
Other
Credits
and part
of other
debits.
Page 1
cut off.
  2/23/2026:
Received
missing
portion of
statement.
Was on
prior
month’s
stmnt.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: FICO Mid-score of 738 exceeds minimum FICO requirement of 620.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Per VVOE, b1 has 15 years 8 mos of employment at current employer.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: No mortgage lates reporting on credit report in 10 years.

 

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: XXX retention bonus note on EOY paystubs for 2023, 2024 and YTD paystub dated 11/20/25.

                                                                           
22   XXXXXX   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                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrower using only 11% of available credit

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 12 Month payment history required, 64 months reported with no late payments

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Maximum LTV 80%, current LTV 72.65%

                                                                           
23   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation.
CU score
> 2.5.
Clayton
to order
desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $48.236.61 (12.60 months PITIA reserves) > min required of $0

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with current employer for 24 years.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 798 mid score > min required of 620

 

CFCFS2860: Good credit history

- Clayton Comments: Consumer debt: 0x30 x greater than 99 monthsMortgage debt: 0x30 x19 months


Deal
ID
  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
                                                                           
27   XXXXXX   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                                                              

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 12 month payment history required 68 months reported

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $21,970.89 or 5.73 months of PITI Required P&I required) Reserves are $0.00

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has no history of late payments

                                                                           
28   XXXXXX   XXXXXX   HI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA (or
CU)
score is
>2.5.
Clayton
to order
desk
review.
UCDP
score 2.8
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 17.083yrs tenure with current employer

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves of $94,062.95 exceed guideline requirement of $46,110.09

 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog line items. 786 Median Credit Score, Oldest Trade 10/1998

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has 16.92yrs tenure with current employer

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 45 consecutive months current mortgage payment history exceeds 24 month credit review

                                                                           
30   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   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   Missing
LE and
COC,
due to
Zero
Tolerance
Fee.
  2.23.2026
- Missing
LEs and
COCs
provided.
  2.23.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves of $89,296.58 exceed guideline required $18,432

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 70.16% LTV below maximum allowed per guidelines 80%


Deal
ID
  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
                                                                           
30   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   D   A   D   A   A   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   Missing
LE and
COC,
due to
Ten
percent
Tolerance
Fee.
  2.23.2026
- Missing
LEs and
COCs
provided.
  2.23.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves of $89,296.58 exceed guideline required $18,432

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 70.16% LTV below maximum allowed per guidelines 80%

                                                                           
30   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   D   A   D   A   A   A   A   A   D   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   D   A   D   A   CMPTRID3494   TRID - Loan
Estimate
Missing
  No   Missing
Loan
Estimate.
  2.23.2026
- Missing
LEs and
COCs
provided.
  2.23.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves of $89,296.58 exceed guideline required $18,432

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 70.16% LTV below maximum allowed per guidelines 80%

                                                                           
30   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   D   A   D   A   A   A   A   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation.
UCDP
Fannie
Mae
score
>2.5.
Clayton
to order
desk
review
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves of $89,296.58 exceed guideline required $18,432

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 70.16% LTV below maximum allowed per guidelines 80%

 


Deal
ID
  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
                                                                           
31   XXXXXX   XXXXXX   NV   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   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   Provide proof
of receipt of
Initial CD
dated XXX
was issued at
least 3
business days
prior to closing
date of XXX
  2.23.2026
-
Disclosure
tracking
summary
received.
  2.23.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV verified at 75%, below guideline minimum of 90%

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Verified 0X30 mortgage history for the past 12 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified Credit Score 750, exceeds guideline min of 620

                                                                           
31   XXXXXX   XXXXXX   NV   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 date
XXX. Initial
CD issued
XXX. No
Confirmation
of Receipt of
receiving
initial CD w/
proof of
delivery min 3
days prior to
consummation.
  2.23.2026
-
Disclosure
tracking
summary
received.
  2.23.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV verified at 75%, below guideline minimum of 90%

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Verified 0X30 mortgage history for the past 12 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified Credit Score 750, exceeds guideline min of 620

                                                                           
31   XXXXXX   XXXXXX   NV   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   Title   Satisfied   D   A   D   A   CRDTIL796   Missing Title   No   Title missing
from file.
  2/24/2026:
Received
Title
Commt.
  2/24/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV verified at 75%, below guideline minimum of 90%

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Verified 0X30 mortgage history for the past 12 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified Credit Score 750, exceeds guideline min of 620

 


Deal
ID
  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
                                                                           
32   XXXXXX   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                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Qualifying DTI of 38.59% is below the maximum guideline requirement by more than five percent.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has maintained a lifetime good credit history.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has maintained a lifetime 0 x 30 mortgage payment history.

                                                                           
33   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   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
required
documentation
to support
monthly
income of
$22,083.36.
Per LP
findings:
Provide ether/
or: (a) current
pay stub; (b)
written VOE
  2/23/2026:
Received
12/5/2025
paystub &
2024 W2s
supporting
income.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 800 mid score > min required of 620

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Departure residence: 0x30 x67 months

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets: $373,669.45 (115.55 months PITIA reserves) > min required reserves of $0.00

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: B2 has been with current employer for 11 years.

                                                                           
33   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Credit   Income/
Employment
  Satisfied   D   A   D   A   CRDINC2408   Income
verification
does not
meet
guidelines
  No   Missing
required
documentation
to support
monthly
income of
$22,083.36.
Per LP
findings:
Provide ether/
or: (a) current
pay stub; (b)
written VOE
  2/23/2026:
Received
12/5/2025
paystub &
2024 W2s
supporting
income.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 800 mid score > min required of 620

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Departure residence: 0x30 x67 months

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets: $373,669.45 (115.55 months PITIA reserves) > min required reserves of $0.00

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: B2 has been with current employer for 11 years.


Deal
ID
  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
                                                                           
33   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan
approved with
PIW. Clayton
to order BPO
  2/18/2026:
BPO provided
supports
appraised value
  2/18/2026:
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 800 mid score > min required of 620

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Departure residence: 0x30 x67 months

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets: $373,669.45 (115.55 months PITIA reserves) > min required reserves of $0.00

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: B2 has been with current employer for 11 years.

                                                                           
33   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan
approved with
PIW. Clayton
to order BPO
  2/18/2026:
BPO provided
supports
appraised value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 800 mid score > min required of 620

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Departure residence: 0x30 x67 months

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets: $373,669.45 (115.55 months PITIA reserves) > min required reserves of $0.00

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: B2 has been with current employer for 11 years.

                                                                           
34   XXXXXX   XXXXXX   ID   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   CMPTRID3590   TRID -
At least
one LE
was
delivered
on or after
the date
that a CD
was
delivered
  No   Le delivered
XXX e signed
XXX , Initial
CD delivered
XXX e signed
XXX. Need
evidence that
the LE was
delivered and
acknowledged
before the CD
was provided.
  2.23.2026 -
Rebuttal states
valid that the
file contains
both a revised
LE and Initial
CD XXX
however the
LE was
generated in
error and was
not opened or
viewed by
borrower.
Clayton
disagrees due
to bother docs
are actually
esigned by the
borrower.
2.25.2026 -
Rebuttal states
“Could not
locate signed
LE” LE can be
found on page
1254.2.25.2026
- Upon further
review, LE not
signed by
borrower on
CD was.
Attestation
states LE
generated in
error and not
viewed by
borrower.
  2.23.2026 -
Exception
remains. 2.25.26 -
Exception
remains.2.25.2026
- Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower been self employed since 1993.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 31.72 is less than the max of 45.


Deal
ID
  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
                                                                           
594   XXXXXX   XXXXXX   CA   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   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   $930.10
Ten
Percent
Tolerance
due to
increase in
Title
Lenders
Title
Insurance
from
$1065.90
to $1996
on Final
Cd without
a valid
CoC.
Requires
CoC, or
corrected
PCCD,
copy of
refund
check,
LOX and
verification
of
shipping.
  12.31.2025 -
Correction to
refund amount.
Title Insurance
was paid to
servicer on
provider list and
listed in section B
as not shopped.
Correct refund
amount due is
$675.80.1.7.26 -
Final ALTA
provided updated
cure amount is
confirmed as
$524.10. Please
provided updated
PCCD, LOX,
proof of delivery
and refund check
in the amount of
$524.10.1.14.2026
- Cure provided
  12.31.2025 -
Exception
remains1.7.26 -
Exception
remains1.14.2026
-Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score is 717/minimum 620

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 79.47%/maximum 90%

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is 38.98%/maximum 50%

                                                                           
594   XXXXXX   XXXXXX   CA   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   LCA score
> 2.5
Clayton to
order desk
review
  12/30/2025:
Received CDA
supporting value.
  12/30/2025:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score is 717/minimum 620

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 79.47%/maximum 90%

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is 38.98%/maximum 50%

                                                                           
41   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score
is >2.5.
Clayton to
order desk
review.
  2/18/2026: BPO
provided supports
appraised value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been at their current job over 24 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 712. Minimum score 620


Deal
ID
  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
                                                                           
44   XXXXXX   XXXXXX   MO   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
  Active   B   B   B   B   CMPROR1909   Incorrect
ROR Form
Used - H8
Form Used
in
Refinance
With
Original
Creditor
  No   Loan is a
lender-to-
lender
refinance:
XXX. ROR
H8 was
used. ROR
H9 is the
correct
document.
  (No
Data)
  (No
Data)
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: CBR score of 729 exceeds the 620 required.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $33,677.72Required Reserves are $3,072.66 x 6 months = $ 18,435.96

                                                                           
48   XXXXXX   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                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 794 FICO score > min. requirement of 620

 

CFCFS5269: Minimal use of credit

- Clayton Comments: 2.00% revolving credit utilization

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 7.11 years current job time

                                                                           
49   XXXXXX   XXXXXX   MO   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   Documentation   Active   B   B   B   B   CMPDOC2856   TILA -
Loan
Originator
information
missing
from Note.
  No   Note dated
XXX in file
is missing
the loan
originator
information.
  (No
Data)
  (No
Data)
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 317 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 734 is 114 points above minimum program requirement of 620.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been at current for 222 months.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers has resided at current residence for 286 months.


Deal
ID
  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
                                                                           
49   XXXXXX   XXXXXX   MO   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
  Potential
Misrepresentation
  Satisfied   C   A   C   A   PRVAPMR1807   Potential
misrepresentation
of property value
  No   Appraisal
report in file
dated XXX
reflects an
appraised
value of
$XXX , and
DU, and
1003’s in
file reflects
a value of
XXX.
  2/23/2026:
Received
updated
DU #7
with
correct
appraised
value.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 317 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 734 is 114 points above minimum program requirement of 620.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been at current for 222 months.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers has resided at current residence for 286 months.

                                                                           
51   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   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
Employment
and Income
docs for B2
primary job
with XXX.
  2/24/2026:
Received
WVOE
dated
XXX
showing
DOH
12/8/2025
and
annual
salary.
  2/24/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 770 is 150 points above minimum program requirement of 620.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 76 months.

                                                                           
51   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Compliance   Documentation   Satisfied   D   A   D   A   CMPDOC195   Missing Note   No   Missing
Note
  2/23/2026:
Received
Note.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 770 is 150 points above minimum program requirement of 620.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 76 months.

 


Deal
ID
  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
                                                                           
51   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Credit   Assets   Satisfied   C   A   C   A   CRDAST205   Insufficient
Funds to Close
  No   Missing asset
documentation
for funds to
close.
  2/23/2026:
Received
asset
statement
verifying
$265,652.84
in eligible
assets.
Covers
funds to
close. No
reserves
required per
DU.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 770 is 150 points above minimum program requirement of 620.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 76 months.

                                                                           
51   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Credit   Income/
Employment
  Satisfied   C   A   C   A   CRDINC2488   Verbal
verification of
employment
missing
  No   Missing B2
VVOE for
current
employer.
  2/24/2026:
Received
WVOE
dated XXX
for B2.
Valid after
Note date
and prior to
delivery to
FNMA.
  2/24/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 770 is 150 points above minimum program requirement of 620.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 76 months.

                                                                           
51   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Credit   Income/
Employment
  Satisfied   D   A   D   A   CRDINC2302   Missing
Required
Income
Documentation
  No   Missing B2
income
documents for
current
employer
XXX.
  2/24/2026:
Received
WVOE
dated XXX
showing
DOH
12/8/2025
and annual
salary.
  2/24/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 770 is 150 points above minimum program requirement of 620.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 76 months.


Deal
ID
  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
                                                                           
51   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Credit   Title   Satisfied   D   A   D   A   CRDTIL796   Missing
Title
  No   Missing
Title.
  2/23/2026:
Received
Title
Commitment.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 770 is 150 points above minimum program requirement of 620.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 76 months.

                                                                           
51   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 770 is 150 points above minimum program requirement of 620.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 76 months.

                                                                           
51   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 770 is 150 points above minimum program requirement of 620.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 76 months.


Deal
ID
  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
                                                                           
52   XXXXXX   XXXXXX   UT   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
  Active   B   B   B   B   CMPROR1909   Incorrect
ROR
Form
Used - H8
Form
Used in
Refinance
With
Original
Creditor
  No   Per the
title
report,
this is a
same
lender
refinance.
Form H8
was used,
but form
H9
should
have
been
used.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 4 years & 5 months at current job

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 116 points above guideline minimum of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower DTI is 17 points below guideline maximum.

                                                                           
53   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Missing
updated
valuation.
Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 43.56% is below the guideline maximum of 45%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Assets: $851,412.27 (194.04 months PITIA reserves) > required reserves of $0

                                                                           
53   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   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.
Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 43.56% is below the guideline maximum of 45%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Assets: $851,412.27 (194.04 months PITIA reserves) > required reserves of $0

 


Deal
ID
  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
                                                                           
54   XXXXXX   XXXXXX   TX   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   CMPTRID5107   TRID - Seller
CD not in file;
need in order
to complete
fee entry
  No   Seller CD in
file is
incomplete -
Missing page
1.
  2.23.2026
-Seller CD
provided
  2.23.2026
-
Exception
satisfied
  Not
Applicable
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: The total LTV is 80%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrowers have excess reserves when no reserves are required

                                                                           
55   XXXXXX   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
Fee of $261.12
due to (Points
$261.12)
increased from
LE to CD.
Missing a valid
Change of
Circumstance,
or Post Close
CD, LOX and
copy of refund
check to
borrower.
  2.23.2026
-COC
provided
  2.23.2026
-
Exception
satisfied
  (No Data)   Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 29.34 is below max 50%.

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 15 years at current profession.

                                                                           
598   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Credit   Assets   Satisfied   C   A   C   A   CRDAST3036   Assets reflect
unsourced
deposits
  No   Documentation
to source the
$XXX deposit
from XXX on
4/2/2025 is
missing - XXX
#XXX.
  2/11/2026:
Received
HUD1
showing
net
proceeds
from sale
of an
REO.
  2/11/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 791 FICO score exceeds guidelines by 171 points

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Client has been at current position for over 13 years

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is below 35%


Deal
ID
  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
                                                                           
598   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation: No
LCA score.
Clayton to order
desk review.
  11/12/2025:
Received
CDA
supporting
value.
  11/12/2025:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 791 FICO score exceeds guidelines by 171 points

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Client has been at current position for over 13 years

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is below 35%

                                                                           
599   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   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   Provide AUS
with property
type as detached
PUD. LP AUS
recommendation
to remain
Streamlined
Accept.
  12/1/2025:
Received
updated
AUS.
  12/1/2025:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: B2 has significant time in profession, 6 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 741 FICO score. Minimum required 620.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0x30x37 mortgage payment history

                                                                           
599   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Credit   Terms/
Guidelines
  Satisfied   D   A   D   A   CRDTER2548   Missing
AUS or
AUS
errors
present
  No   Provide AUS
with property
type as detached
PUD. LP AUS
recommendation
to remain
Streamlined
Accept.
  12/1/2025:
Received
updated LP
with correct
Property
type.
  12/1/2025:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: B2 has significant time in profession, 6 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 741 FICO score. Minimum required 620.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0x30x37 mortgage payment history


Deal
ID
  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
                                                                           
599   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Credit   Title   Satisfied   C   A   C   A   CRDTIL875   Title
Does Not
Agree
With
Mortgage
  No   Per title
commitment
Schedule
BII there are
CC&Rs and
HOA Trust
recorded
with the
County. for
XXX
Provide the
PUD Rider
and
corrected
Deed of
Trust to
include
PUD Rider.
  2.11.2026 -
Corrected
DOT and
PUD rider
provided
  02.11.2026
-Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: B2 has significant time in profession, 6 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 741 FICO score. Minimum required 620.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0x30x37 mortgage payment history

                                                                           
599   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
Approved;
Clayton to
order BPO
  11/12/2025:
Received
BPO
supporting
value.
  11/12/2025:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: B2 has significant time in profession, 6 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 741 FICO score. Minimum required 620.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0x30x37 mortgage payment history

                                                                           
599   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
Approved;
Clayton to
order BPO.
  11/12/2025:
Received
BPO
supporting
value.
  11/12/2025:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: B2 has significant time in profession, 6 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 741 FICO score. Minimum required 620.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0x30x37 mortgage payment history


Deal
ID
  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
                                                                           
60   XXXXXX   XXXXXX   MD   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No
UCDP.
Clayton to
order
Desk
Review.
  2/18/2026: BPO
provided
supports
appraised value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 76 consecutive months mortgage payment history exceeds 24 month credit review

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves of $24,640.10 exceed guideline requirement of $0

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 20.083yrs tenure with current employer

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 64% LTV below guideline maximum of 80% (without MI)

                                                                           
595   XXXXXX   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   Texas
Home
Equity
  Active   B   B   B   B   CMPTXHE308   Voluntary
Same-
Lender
Debt
disclosure
not
provided
to
borrower
  No   Missing
Voluntary
Same-
Lender
Debt
Disclosure
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 718 is 98 points above minimum program requirement of 620.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrowers have49 months mortgage payment history 0x30.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 84 months.

                                                                           
595   XXXXXX   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   Missing
updated
valuation.
LCA
score was
not
obtained.
Clayton to
order desk
review.
  1/8/2026: CDA
received
reviewed
appraisal from
XXX purchase.
Clayton to
obtain correct
CDA.1/13/2026:
Received CDA
supporting
value.
  1/8/2026:
Exception
remains.1/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 718 is 98 points above minimum program requirement of 620.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrowers have49 months mortgage payment history 0x30.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 84 months.


Deal
ID
  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
                                                                           
64   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
approved
PIW.
Clayton to
order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 10.75yrs reported tenure with current self-employed business

 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog payment history. 802 Median Credit Score, Oldest Trade 9/1999

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 72 consecutive months mortgage payment history exceeds 24 month credit review.

                                                                           
64   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton to
order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 10.75yrs reported tenure with current self-employed business

 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog payment history. 802 Median Credit Score, Oldest Trade 9/1999

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 72 consecutive months mortgage payment history exceeds 24 month credit review.

                                                                           
66   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   B   B   D   B   A   A   D   B   B   B   D   A   A   A   Credit   DTI   Active   B   B   B   B   CRDDTI106   Debt
Ratio
Exception
>5% and
<10%
  No   Clayton
approval
at 48.98%
DTI.
Note: used
most
recent tax
bill for
subject
taxes and
1% for all
student
loan
calculation
payments
increasing
DTI from
Lender
approved
43.941%.
This is a
difference
of 5.04%.
Clayton
minor
increase in
bonus
income
average
for B1.
Lender
used 0.5%
for
deferred
student
loans as
payment.
FNMA
requires
either 1%
or fully
amortized
payment.
(FHLMC
allows
0.5%
payment
for
deferred
student
loans.)
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 2.67yrs tenure with current employer

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified Post Close Assets are $14,857.69or 3.85 mths of PITI $3859.13 exceed guideline requirement of $0

 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog line items. 707 Median Credit Score. Oldest Trade 2/2017

 


Deal
ID
  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
                                                                           
66   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   B   B   D   B   A   A   D   B   B   B   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan
approved
with
PIW.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 2.67yrs tenure with current employer

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified Post Close Assets are $14,857.69or 3.85 mths of PITI $3859.13 exceed guideline requirement of $0

 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog line items. 707 Median Credit Score. Oldest Trade 2/2017

                                                                           
66   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   B   B   D   B   A   A   D   B   B   B   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan
approved
with
PIW.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 2.67yrs tenure with current employer

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified Post Close Assets are $14,857.69or 3.85 mths of PITI $3859.13 exceed guideline requirement of $0

 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog line items. 707 Median Credit Score. Oldest Trade 2/2017

                                                                           
67   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   B   B   A   A   A   A   B   B   Compliance   Right of
Rescission
  Active   B   B   B   B   CMPROR1909   Incorrect
ROR
Form
Used - H8
Form
Used in
Refinance
With
Original
Creditor
  No   H( Form
needed
for
Refinance
With
Original
Creditor
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: The borrower has been in the same profession for 6 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 796. Minimum score require 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $11,314.59 or 2.01 months PITI reserves. No reserves required

 


Deal
ID
  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
                                                                           
67   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   B   B   A   A   A   A   B   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No UCDP.
Clayton to
order a Desk
Review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: The borrower has been in the same profession for 6 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 796. Minimum score require 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $11,314.59 or 2.01 months PITI reserves. No reserves required

                                                                           
596   XXXXXX   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   Texas
Home
Equity
  Active   B   B   B   B   CMPTXHE321   TX Equity -
Texas
Equity :
Missing
T.42.1 Title
Endorsement
  No   TX Equity -
Texas
Equity :
Missing
T.42.1 Title
Endorsement
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 778 is 158 points above minimum program requirement of 620.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 35.62% is below the guideline minimum of 45%.

                                                                           
596   XXXXXX   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   Missing
updated
valuation.
CU score >
2.5. Clayton
to order desk
review.
  1/13/2026:
Received
CDA
supporting
value.
  1/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 778 is 158 points above minimum program requirement of 620.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 35.62% is below the guideline minimum of 45%.


Deal
ID
  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
                                                                           
69   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation. CU
score was not
provided.
Clayton to
order desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $774,500.71 or 318 months of PITIA > min required reserves of $0

 

CFCFS2854: Significant time in profession

- Clayton Comments: 25 years in profession

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 797 fico score exceed guidelines 620

                                                                           
70   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No UCDP.
Clayton to
order desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 808 FICO score exceeds guideline min. of 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 23 years at current job

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 61% LTV Max LTV 97%

                                                                           
71   XXXXXX   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   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   Need
evidence of
change of
circumstances
letter for Ten
Percent
tolerance,
recording fee
fee by $37.30
increase, or a
copy of a
refund check
in the amount
of $24.79
  2.27.2026
-Cure
provided
  2.27.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: HCLTV 56.09% below maximum allowed 80% LTV

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 8.67yrs tenure with current employer


Deal
ID
  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
                                                                           
71   XXXXXX   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   No UCDP.
Clayton to
order Desk
Review.
  2/23/2026:
CDA received
reviewed
appraisal from
XXX purchase
with $XXX
value. Provide
CDA review
for current
appraisal XXX
with $XXX
value.3/2/2026:
Received
correct CDA
supporting
$XXX value.
  2/23/2026:
Exception
remains.3/2/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: HCLTV 56.09% below maximum allowed 80% LTV

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 8.67yrs tenure with current employer

                                                                           
79   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2904   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule; is not a
Qualified
Mortgage.
  No   Loan
declared QM
Safe Harbor
(APOR) from
lender/client;
Clayton
status is
NONQM due
to fees too
high
(adjusted
charges are
$20,202.59,
max allowed
is
$15,057.54;
$5,145.05 too
high).
  2/23/2026:
Received docs
to verify
bonafide fee
for discount
points. Once
entered,
Clayton
verified Safe
Harbor.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Representative score of 786 exceeds guidelines.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 79.02 is below guideline requirement max of 95.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 21.28 is below guideline requirement max of 45.

                                                                           
79   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA2698   RESPA -
List of
homeowners
counseling
organizations
not in file
  No   Missing
Home
Counseling
Organizations
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Representative score of 786 exceeds guidelines.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 79.02 is below guideline requirement max of 95.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 21.28 is below guideline requirement max of 45.


Deal
ID
  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
                                                                           
79   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is
PIW
approved,
Clayton to
order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Representative score of 786 exceeds guidelines.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 79.02 is below guideline requirement max of 95.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 21.28 is below guideline requirement max of 45.

                                                                           
79   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation.
Loan
approved
with PIW.
Clayton to
order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Representative score of 786 exceeds guidelines.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 79.02 is below guideline requirement max of 95.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 21.28 is below guideline requirement max of 45.

                                                                           
80   XXXXXX   XXXXXX   MA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   C   B   A   A   A   A   C   B   Compliance   APR
Tolerance
  Satisfied   B   A   B   A   CMPAPRT110   APR -
Insufficient
Information
for APR-
Payment
Stream
Testing
  No   Unable to
determine
do to
missing
MI cert.
Additional
exceptions
may apply
once
reviewed.
  2.23.2026
- MI Cert
received
  2.23.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: The Co-Borrower has been with the same employer for 8 years

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $24,337.90 or 4.10 months of PITI. Required Reserves $3456

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO is 791, minimum required by G/L is 620


Deal
ID
  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
                                                                           
80   XXXXXX   XXXXXX   MA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   C   B   A   A   A   A   C   B   Compliance   Documentation   Satisfied   C   A   C   A   CMPDOC5455   Mortgage
Insurance
required but
MI
Certificate is
missing
  No   Mortgage
Insurance
required
but MI
Certificate
is missing
  2.23.2026
- MI Cert
received
  2.23.2026
-
Exception
satisfied
  Not
Applicable
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: The Co-Borrower has been with the same employer for 8 years

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $24,337.90 or 4.10 months of PITI. Required Reserves $3456

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO is 791, minimum required by G/L is 620

                                                                           
80   XXXXXX   XXXXXX   MA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   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   Loan file
contains
CD XXX
, Missing
Initial CD
dated 3
days prior
to XXX
  2.23.2026
- Initial
CD
received.
  2.23.2026
-
Exception
satisfied
  (No Data)   Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: The Co-Borrower has been with the same employer for 8 years

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $24,337.90 or 4.10 months of PITI. Required Reserves $3456

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO is 791, minimum required by G/L is 620

                                                                           
80   XXXXXX   XXXXXX   MA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   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   Loan file
contains
CD XXX
, Missing
Initial CD
dated 3
days prior
to XXX
  2.23.2026
- Initial
CD
received.
  2.23.2026
-
Exception
satisfied
  (No Data)   Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: The Co-Borrower has been with the same employer for 8 years

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $24,337.90 or 4.10 months of PITI. Required Reserves $3456

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO is 791, minimum required by G/L is 620


Deal
ID
  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
                                                                           
80   XXXXXX   XXXXXX   MA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   C   B   A   A   A   A   C   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   B   C   B   CMPTRID5067   TRID -
CD:
Mortgage
Insurance
is present
in
Projected
Payments
but is not
indicated
in Loan
Disclosures
as included
for
Escrowed
or Non-
Escrowed
Property
Costs
  No   Section
states see
additional
page,
Additional
page is
missing
from file,
please
provide
for
review.
Additional
exceptions
may apply
once
reviewed.
  2.23.2026
- All
pages to
CD
received
  2.23.2026
-
Exception
satisfied
  Non-Numeric   Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: The Co-Borrower has been with the same employer for 8 years

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $24,337.90 or 4.10 months of PITI. Required Reserves $3456

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO is 791, minimum required by G/L is 620

                                                                           
80   XXXXXX   XXXXXX   MA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   C   B   A   A   A   A   C   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No
UCDP.
Clayton to
order
Desk
Review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: The Co-Borrower has been with the same employer for 8 years

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $24,337.90 or 4.10 months of PITI. Required Reserves $3456

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO is 791, minimum required by G/L is 620

                                                                           
82   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Missing
updated
valuation.
Loan
Approved
with PIW.
Clayton to
order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 32% DTI, Max DTI 45

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $21285.86 or 10.43 months of PITIA > min required reserves of $0.00

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 794 fico score exceeds guidelines 620


Deal
ID
  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
                                                                           
82   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   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.
Loan
Approved
with
PIW.
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 32% DTI, Max DTI 45

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $21285.86 or 10.43 months of PITIA > min required reserves of $0.00

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 794 fico score exceeds guidelines 620

                                                                           
83   XXXXXX   XXXXXX   MD   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   C   B   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $82,174.25 or 31.12 months PITI reserves. No reserves required

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 73.86%. Max 95%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 788. Minimum score required 620

                                                                           
85   XXXXXX   XXXXXX   MI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 32 % DTI, max DTI 45

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $90001.17 or 25.52 months of P&I

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 781 fico score exceeds guidelines 620


Deal
ID
  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
                                                                           
85   XXXXXX   XXXXXX   MI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 32 % DTI, max DTI 45

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $90001.17 or 25.52 months of P&I

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 781 fico score exceeds guidelines 620

                                                                           
88   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Reserves of 7.13 months PITIA vs 0 months reserves required.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO of 779 is 159 points above the 620 required.

                                                                           
88   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Reserves of 7.13 months PITIA vs 0 months reserves required.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO of 779 is 159 points above the 620 required.


Deal
ID
  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
                                                                           
93   XXXXXX   XXXXXX   IN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   C   A   A   C   C   A   A   C   C   A   A   Property
Valuations
  Appraisal   Active   C   C   C   C   PRVAAPPR4789   Appraisal
Deficiency
  Yes   Missing
the
appraisal
showing
as a PUD
and
include
HOA
dues
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 775. Minimum required 620

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 75.67%. Max 95%

                                                                           
93   XXXXXX   XXXXXX   IN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   C   A   A   C   C   A   A   C   C   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No
UCDP.
Clayton
to order
Desk
Review.
  2/18/2026:
CDA
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 775. Minimum required 620

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 75.67%. Max 95%

                                                                           
95   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation
to
support
original
appraised
value
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been employed for 16 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Min fico score is 620 borrower’s represented score is 747


Deal
ID
  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
                                                                           
97   XXXXXX   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                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 769 credit score exceed minimum standard of 620.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with current employer for 4 years.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 32.48% DTI is below standard maximum of 45%.

                                                                           
99   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower on same job for 21 years.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 774 is 154 points above minimum program requirement of 620.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 404 months.

                                                                           
99   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower on same job for 21 years.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 774 is 154 points above minimum program requirement of 620.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 404 months.


Deal
ID
  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
                                                                           
100   XXXXXX   XXXXXX   DC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score
is >2.5.
Clayton
to order
desk
review.
  2/18/2026:
CDA
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $25,962.33 or 4.95 months PITI reserves. No reserves required

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: B2 has been XXX over 17 years

 

CFCFS2854: Significant time in profession

- Clayton Comments: The borrower has been in the same profession for 18 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 737 Minimum score required 620

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 69.69%. Max 95%

                                                                           
101   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Missing
updated
valuation.
Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Assets: $6,32.014, 2.21 months, 0 months required.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 720 is 100 points above minimum program requirement of 620.

                                                                           
101   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   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.
Loan
approved
with
PIW.
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Assets: $6,32.014, 2.21 months, 0 months required.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 720 is 100 points above minimum program requirement of 620.


Deal
ID
  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
                                                                           
102   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   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   Need
evidence of
change of
circumstances
letter for Zero
tolerance,
(discount %)
increase, or a
copy of a
refund check
in the amount
of $5102.16
  2.23.2026
- COC
provided
  2.23.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 15 months positive mortgage payment exceeds 12 months the minimum required per lender guidelines

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 756 exceeds 620 the minimum required per lender guidelines

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 75.09% is below 80.00% the maximum allowable per lender guidelines

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 20 years, 3 months’ time in the same profession

                                                                           
102   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   C   A   C   A   A   A   A   A   C   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No UCDP.
Clayton to
order Desk
Review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 15 months positive mortgage payment exceeds 12 months the minimum required per lender guidelines

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 756 exceeds 620 the minimum required per lender guidelines

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 75.09% is below 80.00% the maximum allowable per lender guidelines

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 20 years, 3 months’ time in the same profession

                                                                           
103   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation: CU
score not
provided.
Clayton to
order desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 733 exceeds guidelines with a minimum credit score of 620.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job with 26 years.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Mortgage payment history exceeds guidelines with no late payments in the past 2 years.


Deal
ID
  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
                                                                           
106   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 755. Minimum required 620.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 77.7%. Max 95%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing asset $37,177.67 or 18.334 months PITI reserves. No reserves required

                                                                           
106   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 755. Minimum required 620.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 77.7%. Max 95%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing asset $37,177.67 or 18.334 months PITI reserves. No reserves required

                                                                           
107   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No
UCDP.
Clayton
to order
Desk
Review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 37.66% LTV is below the standard maximum of 75%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 764 credit score exceeds minimum standard of 620.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been self-employed for 9 years.


Deal
ID
  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
                                                                           
108   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  D   B   B   B   D   A   A   A   B   B   B   B   A   A   A   A   Credit   Terms/
Guidelines
  Active   B   B   B   B   CRDTER109   Cash Out
Amount
Exceeds
Guidelines
  No   PCCD has
borrower
cash in
hand at
$4550;
max
allowed is
$2000.00
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower has over 57 months mortgage payment history 0x30.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 757 is 137 points above minimum program requirement of 620.

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 176 months.

                                                                           
108   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  D   B   B   B   D   A   A   A   B   B   B   B   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
CU score
not
established.
Clayton to
order desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower has over 57 months mortgage payment history 0x30.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 757 is 137 points above minimum program requirement of 620.

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 176 months.

                                                                           
109   XXXXXX   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                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 748 is > the minimum credit score of 620.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have owned the subject property for 6 years and 1 month.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 35.27% is < the maximum DTI of 45%.


Deal
ID
  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
                                                                           
111   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
Provided
does not
support
value.
2055 to be
ordered.
  2/18/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 155 points above guideline minimum of 620

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: B2 has 11 years & 4 months at current job

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 15 years & 7 months at current job

                                                                           
111   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
Provided
does not
support
value.
2055 to be
ordered.
  2/18/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 155 points above guideline minimum of 620

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: B2 has 11 years & 4 months at current job

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 15 years & 7 months at current job

                                                                           
111   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Value   Active   C   C   C   C   PRVAVALU5249   Property
Value Not
Supported
  Yes   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
Provided
does not
support
value.
2055 to be
ordered.
  2/18/2026:
Exception
remains.
  Not
Applicable
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 155 points above guideline minimum of 620

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: B2 has 11 years & 4 months at current job

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 15 years & 7 months at current job


Deal
ID
  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
                                                                           
113   XXXXXX   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                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 19 years on current job

 

CFCFS2860: Good credit history

- Clayton Comments: The total LTV is 80%

                                                                           
114   XXXXXX   XXXXXX   NH   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   C   A   A   A   D   A   D   A   C   A   A   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification
of some or
all
components
of non-
subject
PITI
  No   Missing
proof the
mortgage
with
XXX/
XXX
includes
taxes and
insurance
  2/23/2026:
Received
docs to
verify REO
is a
timeshare.
Maintenance
fees include
Taxes &
HOI.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 750. Minimum required 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been at their current job over 15 years

                                                                           
114   XXXXXX   XXXXXX   NH   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   C   A   A   A   D   A   D   A   C   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR4463   UCDP -
File is
missing
evidence
that
appraisal
report was
successfully
submitted
to UCDP
  No   Missing
the
UCDP
reports
showing
Fannie
Mae
score of
1.2 per
DU
findings.
  2/11/2026:
Received
FNMA
UCDP 1.2.
  2/11/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 750. Minimum required 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been at their current job over 15 years


Deal
ID
  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
                                                                           
119   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   A   A   C   B   C   A   B   B   A   A   Credit   Income/
Employment
  Satisfied   C   A   C   A   CRDINC2488   Verbal
verification
of
employment
missing
  No   The loan
file is
missing
the final
VVOE
for B2.
  2/23/2026:
Received
XXX
VVOE.
Good
through
XXX.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: The borrower middle credit score of 783 which is 163 points above guideline minimum of 620.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: The borrower has 0x30x84 for consumer credit history which exceeds the minimum guideline a of 12 months.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: The borrower has 0x30x52 mortgage history which exceed the minimum guideline of 12 months.

                                                                           
119   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   A   A   C   B   C   A   B   B   A   A   Property
Valuations
  Appraisal   Active   B   B   B   B   PRVAAPPR173   Comp Photos
Unacceptable
  No   The
appraisal
report
dated
XXX is
missing
photo of
comp 3.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: The borrower middle credit score of 783 which is 163 points above guideline minimum of 620.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: The borrower has 0x30x84 for consumer credit history which exceeds the minimum guideline a of 12 months.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: The borrower has 0x30x52 mortgage history which exceed the minimum guideline of 12 months.

                                                                           
119   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   A   A   C   B   C   A   B   B   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No
UCDP.
Clayton
to order
Desk
Review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: The borrower middle credit score of 783 which is 163 points above guideline minimum of 620.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: The borrower has 0x30x84 for consumer credit history which exceeds the minimum guideline a of 12 months.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: The borrower has 0x30x52 mortgage history which exceed the minimum guideline of 12 months.


Deal
ID
  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
                                                                           
120   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No
UCDP
provided.
Clayton
to order
Desk
Review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 766 exceeds min 620.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 31.36% is below max 45%.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 24 years at current residence.

                                                                           
121   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   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   Final
AUS
findings
provided
dated
XXX do
not
include
monthly
HELOC
payment
amt. of
$1,208.
Provide
updated
AUS run
w/
monthly
payment
added.
AUS DTI
is
17.65%.
Clayton
verified
21.73%,
exceeding
3%
tolerance
allowed.
  2/27/2026:
Received
updated
DU #8
run XXX,
and 1008
& 1003.
  2/27/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been on the job for 29 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Min. credit score requirement 620 the borrower’s credit score is 795

                                                                           
121   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   A   A   D   A   D   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score
> 2.5.
Clayton
to order
desk
review
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been on the job for 29 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Min. credit score requirement 620 the borrower’s credit score is 795


Deal
ID
  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
                                                                           
127   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   C   A   C   A   A   A   A   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   Lender status
Safe Harbor but
Clayton status
Non-QM due to
violation of
Higher Priced
Threshold with
Test APR of
6.847%,
BenchmarkRate
6.230%
Benchmark/
APR Variance
0.617% and
Rate Spread
Trigger 1.50%.
  2.23.2026
- COGS
invoice
provided
and fee
data
points
updated.
  2.23.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have38 months mortgage payment history 0x30.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 715 is 95 points above minimum program requirement of 620.

                                                                           
127   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   C   A   C   A   A   A   A   A   C   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2904   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule; is not a
Qualified
Mortgage.
  No   Lender status
Safe Harbor but
Clayton status
Non-QM due to
violation of
Higher Priced
Threshold with
Test APR of
6.847%,
BenchmarkRate
6.230%
Benchmark/
APR Variance
0.617% and
Rate Spread
Trigger 1.50%.
  2.23.2026
- COGS
invoice
provided
and fee
data
points
updated.
  2.23.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have38 months mortgage payment history 0x30.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 715 is 95 points above minimum program requirement of 620.

                                                                           
127   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   C   A   C   A   A   A   A   A   C   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No UCDP.
Clayton to
order Desk
Review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have38 months mortgage payment history 0x30.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 715 is 95 points above minimum program requirement of 620.


Deal
ID
  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
                                                                           
130   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   C   B   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   PIW
approved
loan.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has maintained a lifetime 0 x 30 mortgage payment history

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 19.7 years current job time

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying credit score of 701 > min. requirement of 620

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has maintained current employment for more than 10 years.

                                                                           
131   XXXXXX   XXXXXX   KY   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
verified
Non-QM
due to
fees
exceeding
3%.
  2.23.2026
- COGS
invoice
provided
and fee
data
points
updated.
  2.23.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified Assets are $6423.26 or 3.90 mths of PITI $1646.99 exceed guideline requirement of $0

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 80 consecutive months mortgage payment history exceeds 24 month credit review

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 28.77% DTI below maximum allowed DTI of 45%

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 75.36% LTV below maximum allowed LTV of 80% per guidelines

                                                                           
131   XXXXXX   XXXXXX   KY   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   CMPATRQM2904   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule; is not a
Qualified
Mortgage.
  No   Clayton
verified
Non-QM
due to
fees
exceeding
3%.
  2.23.2026
- COGS
invoice
provided
and fee
data
points
updated.
  2.23.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified Assets are $6423.26 or 3.90 mths of PITI $1646.99 exceed guideline requirement of $0

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 80 consecutive months mortgage payment history exceeds 24 month credit review

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 28.77% DTI below maximum allowed DTI of 45%

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 75.36% LTV below maximum allowed LTV of 80% per guidelines


Deal
ID
  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
                                                                           
131   XXXXXX   XXXXXX   KY   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   CU/LCA
returned
no score
due to
property
type.
Clayton
to order
Desk
Review.
  3/4/2026: Desk
review received
supports
appraised value.
  3/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified Assets are $6423.26 or 3.90 mths of PITI $1646.99 exceed guideline requirement of $0

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 80 consecutive months mortgage payment history exceeds 24 month credit review

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 28.77% DTI below maximum allowed DTI of 45%

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 75.36% LTV below maximum allowed LTV of 80% per guidelines

                                                                           
132   XXXXXX   XXXXXX   NJ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   C   B   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved.
Clayton
to order
BPO
  2/18/2026: BPO
provided
supports
appraised value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 763 FICO score > min. requirement of 620

 

CFCFS2854: Significant time in profession

- Clayton Comments: 20 years in same line of work/profession

 

CFCFS5269: Minimal use of credit

- Clayton Comments: 24% revolving credit utilization

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 8.3 years current job time

                                                                           
133   XXXXXX   XXXXXX   OK   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   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026 BPO
Provided does
not support
value. 2055 to be
ordered.3/9/2026:
Received Ext
2055 supporting
value.
  2/18/2026
Exception
Remains.3/9/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been at current job for 152 months.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit line usage ratio of 0.80%.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 59%; guidelines allow 97%.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 32.02% is below the guideline maximum of 50%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has $30,091.48/13.03 PITIA which is > guideline minimum.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 280 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 820 is 200 points above minimum program requirement of 620.


Deal
ID
  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
                                                                           
133   XXXXXX   XXXXXX   OK   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   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton to
order BPO.
  2/18/2026 BPO
Provided does
not support
value. 2055 to be
ordered.3/9/2026:
Received Ext
2055 supporting
value.
  2/18/2026:
Exception
Remains.3/9/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been at current job for 152 months.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit line usage ratio of 0.80%.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 59%; guidelines allow 97%.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 32.02% is below the guideline maximum of 50%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has $30,091.48/13.03 PITIA which is > guideline minimum.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 280 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 820 is 200 points above minimum program requirement of 620.

                                                                           
133   XXXXXX   XXXXXX   OK   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
  Value   Satisfied   C   A   C   B   PRVAVALU5249   Property
Value Not
Supported
  No   Loan is
PIW
approved.
Clayton to
order BPO
  2/18/2026 BPO
Provided does
not support
value. 2055 to be
ordered.3/9/2026:
Received Ext
2055 supporting
value.
  2/18/2026
Exception
Remains.3/9/2026:
Exception
satisfied.
  Not
Applicable
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been at current job for 152 months.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit line usage ratio of 0.80%.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 59%; guidelines allow 97%.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 32.02% is below the guideline maximum of 50%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has $30,091.48/13.03 PITIA which is > guideline minimum.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 280 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 820 is 200 points above minimum program requirement of 620.

                                                                           
141   XXXXXX   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
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR4463   UCDP -
File is
missing
evidence
that
appraisal
report was
successfully
submitted
to UCDP
  No   File is
missing
UCDP
documents.
  2/11/2026:
Received FNMA
UCDP CU score
2.0.
  2/11/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 740 is 120 points above minimum program requirement of 620.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 73.97%; guidelines allow 97%.

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has been employed at current job for 235 months.


Deal
ID
  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
                                                                           
142   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA2698   RESPA -
List of
homeowners
counseling
organizations
not in file
  No   List of
homeowners
counseling
organizations
not in file
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying credit score of 781 exceeds minimum credit score by more than 50 points

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage history has been paid 0 x 30 for the lifetime of their history.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Qualifying LTV of 67.31 is lower than maximum guideline requirement by more than 10 points.

                                                                           
142   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   B   B   A   A   A   A   B   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation to
support
appraised
value
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying credit score of 781 exceeds minimum credit score by more than 50 points

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage history has been paid 0 x 30 for the lifetime of their history.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Qualifying LTV of 67.31 is lower than maximum guideline requirement by more than 10 points.

                                                                           
144   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   D   A   D   A   A   A   D   A   D   A   Compliance   Compliance
Manual
  Satisfied   D   A   D   A   CMPMAN2956   Missing
disclosure
  No   Missing
initial CD,
only the final
CD was in
the file.
  2.23.2026
- ICD
received
  2.23.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $23,855.06 or 8.57 months of PITIA reserves > min required reserves of $0.00

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 23% DTI, max DTI 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 791 fico score exceeds guidelines 620


Deal
ID
  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
                                                                           
144   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   D   A   D   A   A   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Missing
updated
valuation.
Loan
Approved
with
PIW.
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $23,855.06 or 8.57 months of PITIA reserves > min required reserves of $0.00

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 23% DTI, max DTI 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 791 fico score exceeds guidelines 620

                                                                           
144   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   D   A   D   A   A   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation.
Loan
Approved
with
PIW.
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $23,855.06 or 8.57 months of PITIA reserves > min required reserves of $0.00

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 23% DTI, max DTI 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 791 fico score exceeds guidelines 620

                                                                           
148   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 21years in the same profession

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 27.90% is below 50.00% the maximum allowable per lender guidelines

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 84 months mortgage payment history exceeds guidelines

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves in the amount of $12,749 exceeds $0.00 the amount required per lender guidelines


Deal
ID
  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
                                                                           
148   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 21years in the same profession

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 27.90% is below 50.00% the maximum allowable per lender guidelines

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 84 months mortgage payment history exceeds guidelines

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves in the amount of $12,749 exceeds $0.00 the amount required per lender guidelines

                                                                           
151   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   PIW
approved
loan.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI = 25.17%. Max DTI = 45%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying Credit Score = 724. Minimum Allowable Credit Score = 620.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV = 72%. Max LTV =95%.

                                                                           
151   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI = 25.17%. Max DTI = 45%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying Credit Score = 724. Minimum Allowable Credit Score = 620.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV = 72%. Max LTV =95%.


Deal
ID
  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
                                                                           
152   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 756 fico score exceeds guidelines 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 8 years at current job

                                                                           
152   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 756 fico score exceeds guidelines 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 8 years at current job

                                                                           
155   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No
UCDP.
Clayton
to order
Desk
Review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been working for the same employer for 8 years.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage history reporting to credit is positive.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 776 FICO score > min. requirement of 620


Deal
ID
  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
                                                                           
163   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   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   Clayton
ATR/QM
status
pending
for:
Missing
proof
taxes/ins/
HOA dues
for other
REO.
Required
for DTI
purposes.
  2/11/2026:
Received
all
required
docs for
PITI for
both
REOs.
  2/11/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: 10.00% revolving credit utilization

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: FICO score of 803 > min. requirement of 620

                                                                           
163   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification
of some or
all
components
of non-
subject
PITI
  No   Missing
proof
taxes/ins.
HOA for
the
following
properties:
XXX and
XXX
  2/11/2026:
Received
all
required
docs for
PITI for
both
REOs.
  2/11/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: 10.00% revolving credit utilization

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: FICO score of 803 > min. requirement of 620

                                                                           
163   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Credit   Terms/
Guidelines
  Satisfied   D   A   D   A   CRDTER2548   Missing
AUS or
AUS errors
present
  No   Provide
updated
AUS run
showing
required
funds to
close as
per final
CD in the
amt. of
$2,335.15.
AUS
provided
dated
XXX
approved
with
required
funds to
close in
the amt.
of
$362.31.
  2/27/2026:
Received
updated
DU #6
run XXX,
updated
1008 &
1003.
  2/27/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: 10.00% revolving credit utilization

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: FICO score of 803 > min. requirement of 620


Deal
ID
  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
                                                                           
163   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   PIW
approved
loan.
Clayton to
order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: 10.00% revolving credit utilization

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: FICO score of 803 > min. requirement of 620

                                                                           
163   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton to
order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: 10.00% revolving credit utilization

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: FICO score of 803 > min. requirement of 620

                                                                           
165   XXXXXX   XXXXXX   AL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
Valuation:
Clayton to
order desk
review
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified mid score 758, with exceeds guideline min of 620

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Verified LTV 70% is below guideline Max of 95%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $79395.36 exceeds AUS required reserves of $0.00


Deal
ID
  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
                                                                           
166   XXXXXX   XXXXXX   MO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton to
order BPO
  2/18/2026:
BPO
provided
does not
support
appraised
value
  2/18/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80 is less than the max of 95.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 32 is less than the max of 45.

                                                                           
166   XXXXXX   XXXXXX   MO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
BPO.
Clayton to
order
BPO.
  2/18/2026
BPO
Provided
does not
support
value.
2055 to be
ordered
  2/18/2026
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80 is less than the max of 95.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 32 is less than the max of 45.

                                                                           
166   XXXXXX   XXXXXX   MO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Value   Active   C   C   C   C   PRVAVALU5249   Property
Value Not
Supported
  Yes   2/23/2026:
Exception
added
after
review of
trailing
docs:
2/18/2026
BPO
Provided
does not
support
value.
Clayton to
order
2055
Report.
  (No Data)   (No Data)   Not
Applicable
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80 is less than the max of 95.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 32 is less than the max of 45.


Deal
ID
  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
                                                                           
169   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No
UCDP.
Clayton
to order
Desk
Review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 35% DTI, max DTI 45%

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 56% LTV, max LTV 95%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 750 fico score exceeds guidelines 620

                                                                           
170   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No
UCDP
provided.
Clayton
to order
Desk
Review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has maintained a positive 0 x 30 mortgage payment history.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrowers have an overall positive credit history with no historical delinquencies.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 20.73% was less than the maximum requirement by more than 10 points.

                                                                           
174   XXXXXX   XXXXXX   MD   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
score is
missing.
Clayton
to order
desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit line usage ratio: 5.03%.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 31.78% is below the guideline maximum of 50%.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 65%; guidelines allow 95%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 786 is 166 points above minimum program requirement of 620.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has $197,917.75/46.48 PITIA which is > guideline minimum.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 233 months.


Deal
ID
  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
                                                                           
175   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing CU/
LCA, Desk
review to be
order by
Clayton
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $14,258.83 or 2.58 months of P&I

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 708 fico score exceeds guidelines 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 27% DTI max DTI 45%

                                                                           
177   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   C   B   A   A   A   A   C   B   Compliance   Documentation   Satisfied   C   A   C   A   CMPDOC2698   Missing
required
mortgage
insurance
certificate
  No   Missing MI
Cert.
  2.23.2026
- MI Cert
received
  2.23.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been at their current job over 4 years

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $149,422.41 or 43.59 months PITI reserves. No reserves required

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 720. Minimum score 620

                                                                           
177   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   C   B   A   A   A   A   C   B   Compliance   TILA/RESPA
Integrated
Disclosure
  Satisfied   C   B   C   B   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   Need
evidence of
change of
circumstances
letter for Zero
tolerance,
(Lender’s
Insurance )
increase, or a
copy of a
refund check
in the amount
of $1.13, due
to increase
legal limited
by 3.37 and
there is a
different still.
  2.23.2026
-Cure
provided
  2.23.2026
-
Exception
satisfied
  Numeric   Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been at their current job over 4 years

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $149,422.41 or 43.59 months PITI reserves. No reserves required

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 720. Minimum score 620


Deal
ID
  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
                                                                           
177   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   C   B   A   A   A   A   C   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No
UCDP.
Clayton
to order
Desk
Review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been at their current job over 4 years

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $149,422.41 or 43.59 months PITI reserves. No reserves required

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 720. Minimum score 620

                                                                           
178   XXXXXX   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                                                              

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog line items. 790 Median Credit Score, 7/2013 Oldest Trade

 

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: Additional documented bonus income not used in qualifying.Paystub Bonus $16,889+WVOE 2024 $7404.12/24=$1012.21 per month

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 32.74% below 45% maximum DTI guideline.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves of $120,434.30 exceed guideline requirement of $0

                                                                           
180   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation.
CU risk
score
report
was not
provided.
Clayton
to order
desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available credit lines @ 4.8%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 815 mid score > min required of 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing Assets- $84,325.80; reserves required $0.00


Deal
ID
  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
                                                                           
184   XXXXXX   XXXXXX   MI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No
UCDP.
Clayton
to order
Desk
Review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 741 is 121 points above program minimum requirement of 620.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 22.02% is below the guideline minimum of 45%

                                                                           
185   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No
UCDP
provided.
Clayton
to order
Desk
Review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified 20.41% DTI. Max allowed 45%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 752 median FICO. Min required 620.

                                                                           
192   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Verified 0x30 mortgage lates in the past 12 months

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified DTI 25.34 guideline maximum 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified credit score 747, exceeds guidelines minimum of 620


Deal
ID
  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
                                                                           
192   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is PIW
approved,
Clayton to
order BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Verified 0x30 mortgage lates in the past 12 months

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified DTI 25.34 guideline maximum 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified credit score 747, exceeds guidelines minimum of 620

                                                                           
193   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   B   C   B   CMPTRID3646   TRID -
CD: Ten
percent
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   Need
evidence of
change of
circumstance
letter or a
copy of a
refundable
check in the
amount of
$450.34 for
ten percent
tolerance
fees.Title
Endorsement
fee increased
on the CD
dated XXX
and the
Lender’s
Title
Insurance
increased on
the CD
dated XXX.
Because
these fees
were listed
in Section B
and paid to
the provider
on the SPL,
they were
tested at a
10%
tolerance.
  2.27.2026
- Cure
provided
  2.27.2026
-
Exception
satisfied
  Numeric   Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: No credit lates report on credit report history of 19 years.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO score of 772 exceeds minimum credit score of 620.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Back End DTI of 29.16 is less than max DTI of 45%.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Per VOE, employed since 7/5/06. 19 years.

                                                                           
193   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is PIW
approved.
Clayton to
order BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: No credit lates report on credit report history of 19 years.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO score of 772 exceeds minimum credit score of 620.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Back End DTI of 29.16 is less than max DTI of 45%.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Per VOE, employed since 7/5/06. 19 years.

 


Deal
ID
  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
                                                                           
193   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: No credit lates report on credit report history of 19 years.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO score of 772 exceeds minimum credit score of 620.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Back End DTI of 29.16 is less than max DTI of 45%.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Per VOE, employed since 7/5/06. 19 years.

                                                                           
195   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
CU/LCA,
Desk
review
required
to
confirm
valuation
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 772 fico score exceeds guidelines 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $48013.47 or 10.47 months of P&I

                                                                           
201   XXXXXX   XXXXXX   OK   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrowers has $301,639.82/99.60 PITIA which is > guideline minimum.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 247 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 788 is 168 points above minimum program requirement of 620.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 20.56% is below the guideline maximum of 50%.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 56.45%; guidelines allow 97%.

 


Deal
ID
  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
                                                                           
201   XXXXXX   XXXXXX   OK   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrowers has $301,639.82/99.60 PITIA which is > guideline minimum.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 247 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 788 is 168 points above minimum program requirement of 620.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 20.56% is below the guideline maximum of 50%.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 56.45%; guidelines allow 97%.

                                                                           
204   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Missig
updated
valuation.
Loan
Approved
with
PIW.
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $130,120.57 or 39.12 months of PITIA > min required reserves of $0

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 22 % DTI max DTI 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 760 fico score exceeds guidelines 620

                                                                           
204   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missig
updated
valuation.
Loan
Approved
with
PIW.
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $130,120.57 or 39.12 months of PITIA > min required reserves of $0

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 22 % DTI max DTI 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 760 fico score exceeds guidelines 620


Deal
ID
  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
                                                                           
208   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Missing
updated
valuation.
Loan
approved
with PIW.
Clayton to
order BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 808 FICO score > min. requirement of 620

 

CFCFS5269: Minimal use of credit

- Clayton Comments: 4.00% revolving credit utilization

                                                                           
208   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   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.
Loan
approved
with PIW.
Clayton to
order BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 808 FICO score > min. requirement of 620

 

CFCFS5269: Minimal use of credit

- Clayton Comments: 4.00% revolving credit utilization

                                                                           
209   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   C   B   D   B   C   A   D   A   C   B   Compliance   Right of
Rescission
  Active   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 2/B-
Non
Material
exception in
those
Circuits that
have not
decided on
this issue.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has no history of late payments

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Maximum LTV 95%, current LTV 73.33%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $9,259.23 or 2.10 months of PITI Required PITI Reserves are $0.00


Deal
ID
  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
                                                                           
209   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   C   B   D   B   C   A   D   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   Only CD in
file is dated
XXX and
signed XXX.
Please provide
initial CD
dated 3 days
prior to
consummation
date of XXX
  2.24.2026
- ICD
received
  2.24.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has no history of late payments

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Maximum LTV 95%, current LTV 73.33%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $9,259.23 or 2.10 months of PITI Required PITI Reserves are $0.00

                                                                           
209   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   C   B   D   B   C   A   D   A   C   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   A   C   A   CMPTRID3626   TRID - CD:
Loan
consummated
before end of
waiting
period
  No   Only CD in
file is dated
XXX and
signed XXX.
Please provide
initial CD
dated 3 days
prior to
consummation
date of XXX
  2.24.2026
- ICD
received
  2.24.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has no history of late payments

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Maximum LTV 95%, current LTV 73.33%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $9,259.23 or 2.10 months of PITI Required PITI Reserves are $0.00

                                                                           
209   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   C   B   D   B   C   A   D   A   C   B   Credit   Insurance   Satisfied   C   A   C   A   CRDINSR289   Insufficient
Hazard
Insurance
Coverage
  No   Subject loan
amount
$XXX closing
date of XXX
HOI coverage
in file $XXX.
(There also is
a renewal dec
page for
XXX-XXX
with $XXX
coverage, also
insufficient).
  2/23/2026:
Received
RCE. HOI
has
sufficient
coverage.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has no history of late payments

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Maximum LTV 95%, current LTV 73.33%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $9,259.23 or 2.10 months of PITI Required PITI Reserves are $0.00


Deal
ID
  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
                                                                           
209   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   C   B   D   B   C   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is
PIW
approved,
Clayton to
order BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has no history of late payments

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Maximum LTV 95%, current LTV 73.33%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $9,259.23 or 2.10 months of PITI Required PITI Reserves are $0.00

                                                                           
209   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   C   B   D   B   C   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton to
order BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has no history of late payments

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Maximum LTV 95%, current LTV 73.33%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $9,259.23 or 2.10 months of PITI Required PITI Reserves are $0.00

                                                                           
213   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   A   D   A   A   A   D   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   $1491.88
Zero
Tolerance
to increase
in
Discount
points
from $302
to
$1793.88
without a
valid CoC.
Requires
corrected
PCCD,
copy of
refund
check,
LOX and
verification
of
shipping.
  2.23.2026
- Missing
COC and
LE
received
  2.23.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
  (No Data)


Deal
ID
  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
                                                                           
213   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   A   D   A   A   A   D   A   C   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is PIW
approved,
Clayton to
order BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
  (No Data)
                                                                           
213   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   A   D   A   A   A   D   A   C   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is PIW
approved,
Clayton to
order BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
  (No Data)
                                                                           
215   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   A   D   B   A   A   D   B   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 Fee
of $1,126.47
due to
Discount Fee
increased
from
CD:XXX to
CD:XXX-1.
Missing a
valid Change
of
Circumstance,
or Post Close
CD, LOX and
copy of
refund check
to borrower.
  2.23.2026
-COC
provided
  2.23.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has significant time at current job, 9 years 11 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of807 exceeds minimum guideline of 620.


Deal
ID
  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
                                                                           
215   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   A   D   B   A   A   D   B   C   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026
BPO
Provided
does not
support
value.
2055 to
be
ordered
3/5/2026:
2055
received
supports
appraised
value
  02/18/2026:
Exception
Remains
3/5/2026:
2055
received
supports
appraised
value
  (No Data)   Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has significant time at current job, 9 years 11 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of807 exceeds minimum guideline of 620.

                                                                           
215   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   A   D   B   A   A   D   B   C   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026
BPO
Provided
does not
support
value.
2055 to
be
ordered
3/5/2026:
2055
received
supports
appraised
value
  02/18/2026:
Exception
Remains
3/5/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has significant time at current job, 9 years 11 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of807 exceeds minimum guideline of 620.

                                                                           
215   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   A   D   B   A   A   D   B   C   A   Property
Valuations
  Value   Satisfied   C   A   C   B   PRVAVALU5249   Property
Value Not
Supported
  No   PIW
approved,
Clayton
to order
BPO
  2/18/2026
BPO
Provided
does not
support
value.
2055 to
be
ordered
  02/18/2026:
Exception
Remains
  Not
Applicable
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has significant time at current job, 9 years 11 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of807 exceeds minimum guideline of 620.

 


Deal
ID
  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
                                                                           
218   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   D   A   A   A   C   A   C   A   A   A   A   A   Credit   Income/
Employment
  Satisfied   C   A   C   A   CRDINC2488   Verbal
verification
of
employment
missing
  No   Missing
verbal
verification
of
employment
within 10
days of note
date. Alt
doc options
- all expired
at the latest
12/19/2025.
Loan closed
XXX
  2/23/2026:
Received
VVOE -
still
active.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $11,625.90. Required reserves $0.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Positive mortgage payment history 0x30x84.

                                                                           
218   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   D   A   A   A   C   A   C   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score is
>2.5.
Clayton to
order desk
review.
  2/18/2026:
CDA
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $11,625.90. Required reserves $0.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Positive mortgage payment history 0x30x84.

                                                                           
220   XXXXXX   XXXXXX   WA   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
  Active   B   B   B   B   CRDINC2496   Verbal
verification
of
employment
completed
outside the
stated
requirements
and/or after
closing/
funding
  No   Note
date:XXX
VVOE
dated XXX.
Last
paystub
provided
dated
12/5/25.
Last direct
deposit
noted on
bank
statement
12/19/25.
10 business
days from
note date is
XXX.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0x30 in 15 years reporting on credit report.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO of 761 exceeds minimum of 620.

 

CFCFS2860: Good credit history

- Clayton Comments: No late payments report on credit report over 19 years.


Deal
ID
  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
                                                                           
220   XXXXXX   XXXXXX   WA   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   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026 BPO
Provided does
not support
value. 2055 to be
ordered.3/9/2026:
Received 2055
Ext Report
supporting value.
  2/18/2026:
Exception
Remains.3/9/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0x30 in 15 years reporting on credit report.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO of 761 exceeds minimum of 620.

 

CFCFS2860: Good credit history

- Clayton Comments: No late payments report on credit report over 19 years.

                                                                           
220   XXXXXX   XXXXXX   WA   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   Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026 BPO
Provided does
not support
value. 2055 to be
ordered.3/9/2026:
Received 2055
Ext Report
supporting value.
  02/18/2026
Exception
Remains.3/9/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0x30 in 15 years reporting on credit report.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO of 761 exceeds minimum of 620.

 

CFCFS2860: Good credit history

- Clayton Comments: No late payments report on credit report over 19 years.

                                                                           
220   XXXXXX   XXXXXX   WA   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
  Value   Satisfied   C   A   C   B   PRVAVALU5249   Property
Value Not
Supported
  No   Loan
approved
with
PIW.
Clayton
to order
BPO
  2/18/2026 BPO
Provided does
not support
value. 2055 to be
ordered.3/9/2026:
Received 2055
Ext Report
supporting value.
  2/18/2026:
Exception
Remains.3/9/2026:
Exception
satisfied.
  Not
Applicable
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0x30 in 15 years reporting on credit report.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO of 761 exceeds minimum of 620.

 

CFCFS2860: Good credit history

- Clayton Comments: No late payments report on credit report over 19 years.


Deal
ID
  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
                                                                           
221   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 779 is 159 points above minimum program requirement of 620.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower has over 83 months mortgage payment history 0x30.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 266 months.

                                                                           
221   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 779 is 159 points above minimum program requirement of 620.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower has over 83 months mortgage payment history 0x30.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 266 months.

                                                                           
224   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $33407.39 or 5.73 months of P&I

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 6 years at current job

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 793 Fico score exceeds guidelines 620


Deal
ID
  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
                                                                           
224   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton to
order BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $33407.39 or 5.73 months of P&I

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 6 years at current job

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 793 Fico score exceeds guidelines 620

                                                                           
225   XXXXXX   XXXXXX   MI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   C   B   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton to
order BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified 10.35%. Max DTI is 45%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 810 FICO score. Minimum required 620.

                                                                           
227   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   B   B   D   A   A   A   B   B   B   B   A   A   A   A   Credit   Income/
Employment
  Active   B   B   B   B   CRDINC152   Missing
verbal
VOE
required
by
guidelines
  No   The VOE in
file
completed
by the
lender loan
specialist
does not
specify the
borrower’s
employment
start date.
2024 &
2023 W2s
provided
are from
different
employers.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 0x24x30 mortgage payment history

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 35.53% DTI is below program max of 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 753 FICO exceeds program min by > 20 points


Deal
ID
  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
                                                                           
227   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   B   B   D   A   A   A   B   B   B   B   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU Score
is > 2.5.
Clayton to
order desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 0x24x30 mortgage payment history

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 35.53% DTI is below program max of 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 753 FICO exceeds program min by > 20 points

                                                                           
229   XXXXXX   XXXXXX   MN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   RESPA:
Required
Affiliate
Business
Disclosure
missing
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $195,920.67 exceed guideline required $0

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 53 consecutive months current payment history exceeds 24 month credit review

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has 6.33yrs tenure with current employer

 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog line items. 775 Median Credit Score, Oldest Tradeline 2/2009 on credit report

                                                                           
229   XXXXXX   XXXXXX   MN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   B   B   A   A   A   A   B   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
Fannie Mae
score is
>2.5.
Clayton to
order
deskreview.
Freddie
Mac UDCP
- No Score
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $195,920.67 exceed guideline required $0

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 53 consecutive months current payment history exceeds 24 month credit review

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has 6.33yrs tenure with current employer

 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog line items. 775 Median Credit Score, Oldest Tradeline 2/2009 on credit report


Deal
ID
  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
                                                                           
600   XXXXXX   XXXXXX   IL   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   PRVAAPPR275   Completed
“Subject
To” w/o
Completion
Cert in File
  No   Missing
Appraisal
completion
report.
  2/11/2026:
Received
Final
Inspection,
100%
complete.
  2/11/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 807 mid score > min required of 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves of $474,800.64/151.87mo PITIA which is > guideline minimum.

                                                                           
232   XXXXXX   XXXXXX   NJ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation.
CU score
is over 2.5.
Clayton to
order desk
review
  2/18/2026:
CDA
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 802 mid score > min required of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 31.85% DTI is below guideline maximum of 45%

                                                                           
235   XXXXXX   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: Credit score of 785 is 165 points above program minimum requirement of 620.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $26,537.23. LP requires $0.


Deal
ID
  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
                                                                           
236   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
approved
PIW.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 794 fico exceeds 620 typical conventional minimum fico (Fannie has no current minimum)

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 74.41% LTV is below maximum allowable of 90% LTV

 

CFCFS2860: Good credit history

- Clayton Comments: 0x30 / no derogatory marks

                                                                           
236   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 794 fico exceeds 620 typical conventional minimum fico (Fannie has no current minimum)

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 74.41% LTV is below maximum allowable of 90% LTV

 

CFCFS2860: Good credit history

- Clayton Comments: 0x30 / no derogatory marks

                                                                           
597   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan
approved
with a
PIW.
Clayton
to order
BPO.
  1/13/2026:
Received
BPO
supporting
value.
  1/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets $$64,530.79 or 23.84 PITIA > min required reserves of $0.00

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have 48 months mortgage 0X30.


Deal
ID
  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
                                                                           
597   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan
approved
with a
PIW.
Clayton
to order
BPO.
  1/13/2026:
Received
BPO
supporting
value.
  1/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets $$64,530.79 or 23.84 PITIA > min required reserves of $0.00

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have 48 months mortgage 0X30.

                                                                           
245   XXXXXX   XXXXXX   MN   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
HUD
from sale
of
departure
residence
at XXX
reflecting
approx
net
proceeds
of $XXX
  2/23/2026:
Verified
$151,742.36
in net
proceeds.
Covers
funds to
close. No
reserves
required.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 40.33% DTI: Guidelines allow up to 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 741 mid score > min required of 620

                                                                           
246   XXXXXX   XXXXXX   OK   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: 22 years with current employer, 30 years in industry.

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 16 years with current employer, 27 years in industry.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 773 FICO exceeds min. requirement of 620

 

CFCFS2860: Good credit history

- Clayton Comments: 0x30 no derogatory marks


Deal
ID
  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
                                                                           
247   XXXXXX   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   Terms/
Guidelines
  Satisfied   D   A   D   A   CRDTER2548   Missing
AUS or
AUS
errors
present
  No   File has
DU #3 run
XXX. The
only 1008
in the file
shows LP
was used
Key
#XXX.
Provide
verification
which
AUS was
used.
Additional
conditions
will apply
if LP was
used -
LCA score
could not
be
returned,
will
require a
desk
review.
TBD.
  2/25/2026:
Received
1008
showing
DU is the
AUS
used.
36.83%
DTI,
within
tolerance
of Clayton
verified
36.63%.
  2/25/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 189 points above guideline minimum of 620

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 14 years & 5 months at current residence

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 5 years & 9 months at current job

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower DTI is 8 points below guideline maximum.

                                                                           
248   XXXXXX   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                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $18,703.70 or 6.32 PITIA

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 723 is 103 points above minimum program requirement of 620.

                                                                           
249   XXXXXX   XXXXXX   IA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   D   A   D   A   A   A   D   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
proof of no
HOA dues
for
property
located at:
XXX.
Required
for DTI
purposes.
  2/23/2026:
Lender
verified
no HOA
dues to do
age and
area of
home.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: 16.4 years current residence time

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 771 FICO score > min. requirement of 620

 

CFCFS2854: Significant time in profession

- Clayton Comments: CB has 14 years in same line of work/profession


Deal
ID
  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
                                                                           
249   XXXXXX   XXXXXX   IA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   D   A   D   A   A   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Missing
updated
valuation.
PIW
approved
loan.
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: 16.4 years current residence time

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 771 FICO score > min. requirement of 620

 

CFCFS2854: Significant time in profession

- Clayton Comments: CB has 14 years in same line of work/profession

                                                                           
249   XXXXXX   XXXXXX   IA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   D   A   D   A   A   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation.
PIW
approved
loan.
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: 16.4 years current residence time

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 771 FICO score > min. requirement of 620

 

CFCFS2854: Significant time in profession

- Clayton Comments: CB has 14 years in same line of work/profession

                                                                           
253   XXXXXX   XXXXXX   MO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   C   A   C   A   A   A   A   A   C   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   A   C   A   CMPTRID3658   TRID -
Corrected
CD
should
have been
provided;
APR is
greater
than APR
3 business
days prior
to closing
by more
than
allowable
tolerance
  No   Initial CD
XXX the
APR is
6.2 and
the Final
CD the
APR is
6.611,
difference
of
0.411%
exceeds
tolerance
of
0.125%.
Corrected
CD
should
have been
provided;
APR is
greater
than APR
3
business
days prior
to closing
by more
than
allowable
tolerance
  2.24.2026
- Missing
CD
received
  2.24.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 750 exceeds minimum required of 620.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $17,099.98 exceed required of $14,760.66.

 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: 0x30,0x60,0x90 with 14 months reviewed on current mortgage and 16 + 17 months on two prior mortgage accounts.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has lived at current residence for 6 years.


Deal
ID
  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
                                                                           
253   XXXXXX   XXXXXX   MO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   C   A   C   A   A   A   A   A   C   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score is
not obtained.
Clayton to
order desk
review.
  2/18/2026:
BPO provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 750 exceeds minimum required of 620.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $17,099.98 exceed required of $14,760.66.

 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: 0x30,0x60,0x90 with 14 months reviewed on current mortgage and 16 + 17 months on two prior mortgage accounts.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has lived at current residence for 6 years.

                                                                           
255   XXXXXX   XXXXXX   PA   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   Provide
Lender QM
determination.
  2/23/2026:
Received Safe
Harbor
determination.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit line usage ratio of 4.12%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 814 is 194 points above minimum program requirement of 620.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 95%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has $35,304.04/13.88 PITIA which is > guideline minimum.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 30.43% is below the guideline maximum of 50%.

                                                                           
257   XXXXXX   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                                                              

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-borrower has been at current job for 17 years and 9 months.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been at current job 19 years and 11 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified FICO 789 score. Minimum required 620.

 


Deal
ID
  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
                                                                           
258   XXXXXX   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                                                              

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Verified LTV 80% below guideline max of 90%

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Excellent mortgage history 0X30 in past 12 months

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Low credit line usage

                                                                           
259   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   A   A   D   A   C   A   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   Provide
Lender QM
determination.
  2/23/2026:
Received Safe
Harbor
determination.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Medium credit scores 786 exceed guidelines minimum of 620

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrower credit ratio is < 17%

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has no late payments on credit report in 86 months reviewed

                                                                           
259   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   A   A   D   A   C   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is PIW
approved,
Clayton to
order BPO
  2/18/2026:
BPO provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Medium credit scores 786 exceed guidelines minimum of 620

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrower credit ratio is < 17%

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has no late payments on credit report in 86 months reviewed


Deal
ID
  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
                                                                           
259   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   A   A   D   A   C   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO provided
supports
appraised
value
  CDA provided
supports
appraised value.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Medium credit scores 786 exceed guidelines minimum of 620

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrower credit ratio is < 17%

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has no late payments on credit report in 86 months reviewed

                                                                           
260   XXXXXX   XXXXXX   MO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   A   C   B   D   B   D   A   A   A   C   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   B   C   B   CMPTRID3966   TRID -
CD: The
Will Not
Have an
Escrow
Account in
the CD
Loan
Disclosures
section is
selected
and both or
neither of
You
declined it
and/or
Your
lender does
not offer
one are
selected
  No   Missing
the
selected
check
mark on
either
box.
  3.6.2026 -
PCCD
received
  3.6.2026 -
Exception
satisfied
  Non-Numeric   Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence, 33 years.

 

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession, 10 years, 10 months.

                                                                           
260   XXXXXX   XXXXXX   MO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   A   C   B   D   B   D   A   A   A   C   B   Credit   Terms/
Guidelines
  Satisfied   D   A   D   A   CRDTER2548   Missing
AUS or
AUS errors
present
  No   Lender
1008
shows
25.29%
DTI. LP
#5, latest
in the file
shows
DTI
11%.
Clayton
verified
15.73%.
Lender to
verify the
final DTI
used and
LP used.
As of
now
Clayton
DTI is
outside
3%
tolerance
of latest
LP in the
file.
  2/23/2026:
Received
lender income
worksheets.
Still need the
most current
LP was used
and lender
verified final
DTI to verify
within 3%
tolerance
allowed.
Lender asked
for our income
total and total
monthly debt
verified.
Verified
$28,193.88/mo
income,
$4,434.76 total
monthly
debt.3/6/2026:
Received LP
#8 showing
14% DTI,
within
tolerance.
  2/23/2026:
Exception
remains.3/6/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence, 33 years.

 

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession, 10 years, 10 months.


Deal
ID
  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
                                                                           
260   XXXXXX   XXXXXX   MO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   A   C   B   D   B   D   A   A   A   C   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
score is
>2.5.
Clayton
to order
desk
review.
  2/18/2026:
CDA
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence, 33 years.

 

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession, 10 years, 10 months.

                                                                           
262   XXXXXX   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                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have significant time at current residence with 8.3 years.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Consumer credit history exceeds guidelines with no late payments reported in the past 10 years or more.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job with 14.4 years.

                                                                           
263   XXXXXX   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: The borrower has been working for the same employer for 5 years.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 25 mos. mtg. payment hist. 0X30,60,90 days. Paid as agreed

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 755 FICO score > min. requirement of 620


Deal
ID
  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
                                                                           
264   XXXXXX   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                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 786 exceeds minimum required of 620.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $20,409.23 exceed $0.00 required.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 29.32 % is below Guidelines 45% maximum.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 77.08% is below Guidelines 95% maximum.

                                                                           
266   XXXXXX   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                                                              

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: Co-borrower has OT and bonus income not used to qualify

 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Borrowers have no late payments on the mortgage history

                                                                           
267   XXXXXX   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: Median credit scores 737 exceeds guideline minimum of 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower 1 has worked for Employer Sofos Realty since 2019

 

CFCFS2860: Good credit history

- Clayton Comments: No late payments on credit report in 303 month history


Deal
ID
  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
                                                                           
269   XXXXXX   XXXXXX   OK   QM:
Safe
Harbor
(APOR)
  QM: Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence, 9 years 3 months.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Positive mortgage payment history 0x30x86.

                                                                           
270   XXXXXX   XXXXXX   OK   QM:
Safe
Harbor
(APOR)
  Non-QM:
Lender
documented
all ATR
UW factors
  C   C   A   A   A   A   C   C   C   C   A   A   A   A   C   C   Compliance   Ability to
Repay/
Qualified
Mortgage
  Active   C   C   C   C   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.
  Yes   2/23/2026:
Exception
fired after
review of
trailing
docs.
Clayton
verified
non-QM
due to fees
exceeding
3%
allowed.
Clayton
verified
3.842%
fees after
bonafide
fee
applied.
  2.27.2026 -
Per legal
discrepancy
appears to
be the
report
provided it
looks like
the Rate
Lock
extensions
fee is not
inlcluded
and should
be.
  2.27.2026
-
Exception
remains
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-borrower has 13 years on current job

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrowers have excess reserves while no reserves are required

                                                                           
270   XXXXXX   XXXXXX   OK   QM:
Safe
Harbor
(APOR)
  Non-QM:
Lender
documented
all ATR
UW factors
  C   C   A   A   A   A   C   C   C   C   A   A   A   A   C   C   Compliance   Ability to
Repay/
Qualified
Mortgage
  Active   C   C   C   C   CMPATRQM2904   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule; is not a
Qualified
Mortgage.
  Yes   2/23/2026:
Exception
fired after
review of
trailing
docs.
Clayton
verified
non-QM
due to fees
exceeding
3%
allowed.
Clayton
verified
3.842%
fees after
bonafide
fee
applied.
  2.27.2026 -
Per legal
discrepancy
appears to
be the
report
provided it
looks like
the Rate
Lock
extensions
fee is not
inlcluded
and should
be.
  2.27.2026
-
Exception
remains
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-borrower has 13 years on current job

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrowers have excess reserves while no reserves are required


Deal
ID
  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
                                                                           
270   XXXXXX   XXXXXX   OK   QM:
Safe
Harbor
(APOR)
  Non-QM:
Lender
documented
all ATR
UW factors
  C   C   A   A   A   A   C   C   C   C   A   A   A   A   C   C   Compliance   Finance
Charge
Tolerance
  Satisfied   A   B   A   B   CMPFINT106   Finance
charge
understated
by more than
$100 (Pmt
Stream)
  No   Upon receipt
of trailing
docs Finance
charges are
understated
by -$1862.25.
MI cert
reflects MI
payment of
$109.63
however CD
XXX
Projected
payments
reflect
$80.75.
  2.27.2026
-Corrected
MI cert
received
  2.27.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-borrower has 13 years on current job

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrowers have excess reserves while no reserves are required

                                                                           
270   XXXXXX   XXXXXX   OK   QM:
Safe
Harbor
(APOR)
  Non-QM:
Lender
documented
all ATR
UW factors
  C   C   A   A   A   A   C   C   C   C   A   A   A   A   C   C   Compliance   RESPA   Active   B   B   B   B   CMPRESPA2704   RESPA -
List of
homeowners
counseling
organizations
not
compliant
  No   List of
homeowners
counseling
organizations
is not
compliant.
Missing first
page of
homeowners
counseling
organizations
and numbers
1 & 2 out of
the 10 of the
homeowners
counseling
organizations.
Please
provide.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-borrower has 13 years on current job

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrowers have excess reserves while no reserves are required

                                                                           
273   XXXXXX   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   Title   Satisfied   D   A   D   A   CRDTIL865   Title
incomplete
  No   Prelim title in
file doesn’t
reflect
coverage
amount and
the insured.
  2/23/2026:
Received
Final Title
& Commt
showing
sufficient
coverage
& insured.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 784 is 164 points above minimum program requirement of 620.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 282 months.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 28.47% is below the guideline maximum of 50%.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 97%.


Deal
ID
  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
                                                                           
277   XXXXXX   XXXXXX   ID   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   B   C   B   CMPTRID3966   TRID -
CD: The
Will Not
Have an
Escrow
Account in
the CD
Loan
Disclosures
section is
selected
and both or
neither of
You
declined it
and/or
Your
lender does
not offer
one are
selected
  No   The Final CD
XXX does not
have the
disclosure
section marked
as to You
declined it
and/or Your
lender does not
offer one Non-
numeric
clerical error
cure: LOX and
post-
consummation
CD within 60
days of
consummation.
  2.25.2026
- LOX
and
Corrected
CD
provided.
  2.25.2026
-
Exception
satisfied
  Non-Numeric   Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrowers have no late payments in credit history

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Low DTI 24.34 / 25.50

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Medium credit scores 725 exceed guidelines minimum of 620

                                                                           
277   XXXXXX   XXXXXX   ID   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is PIW
approved,
Clayton to
order BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrowers have no late payments in credit history

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Low DTI 24.34 / 25.50

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Medium credit scores 725 exceed guidelines minimum of 620

                                                                           
277   XXXXXX   XXXXXX   ID   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is PIW
approved,
Clayton to
order BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No Data)   Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrowers have no late payments in credit history

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Low DTI 24.34 / 25.50

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Medium credit scores 725 exceed guidelines minimum of 620


Deal
ID
  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
                                                                           
279   XXXXXX   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 close assets are $62,139.45 or 11.55 PITIA

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 806 is 186 points above program minimum requirement of 620.

                                                                           
280   XXXXXX   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 $700,526.45 or 141.63 PITIA

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 779 is 159 points above minimum program requirement of 620.

                                                                           
281   XXXXXX   XXXXXX   WA   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
  Active   B   B   B   B   CMPROR1909   Incorrect
ROR
Form
Used -
H8 Form
Used in
Refinance
With
Original
Creditor
  No   H8 used on
a lender to
lender
refinance-
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 2
condition.
  (No
Data)
  (No
Data)
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: On job since 2/20/2007

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: CBR score of 754 exceeds the 620 required.


Deal
ID
  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
                                                                           
283   XXXXXX   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: Verified credit score: 743 exceeds minimum guideline of 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves: $200,850.25, reserves required per AUS $0.00

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified DTI 14.29 , is below the maximum guideline DTI of 45%

                                                                           
286   XXXXXX   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                                                              

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has no late payments in 108 months reviewed on credit report

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Low DTI, 26.346 / 39.028

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Medium credit scores 777 exceed guidelines minimum of 620

                                                                           
288   XXXXXX   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: Median credit scores 803 / 781 exceed guidelines minimum of 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 12 years 11 months with Employer

 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history - No late payments in 254 months of credit review

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $188,236.42 (31.83 months PITIA reserves) > min required of $0.00


Deal
ID
  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
                                                                           
293   XXXXXX   XXXXXX   TN   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)   (No Data)   Numeric   Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 96 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 778 is 158 points above minimum program requirement of 620.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower has over 58 months mortgage payment history 0x30.

                                                                           
296   XXXXXX   XXXXXX   ID   QM:
Safe
Harbor
  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   Need
evidence of
change of
circumstance
letter or a
copy of a
refundable
check in the
amount of
$5.00 for zero
tolerance
fees.A 2nd
Flood Cert fee
was added to
the LE dated
XXX.
  2.24.2026 -
COC
provided
  2.24.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower DTI is 8 points below guideline maximum.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 181 points above guideline minimum of 620

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30x60

                                                                           
297   XXXXXX   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   Provide
lender QM
determination.
  2/25/2026:
Received Safe
Harbor
determination.
  2/25/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history for 65 months reviewed. Late payment showing on closed account

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 713 exceed guidelines minimum of 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at employer over 10 years


Deal
ID
  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
                                                                           
297   XXXXXX   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   Credit/
Mtg
History
  Active   B   B   B   B   CRDCRMH123   No
evidence
of
required
debt
payoff
  No   Missing
validation
debts paid
by others or
reason for
omitting
debts from
DTI.
XXX#XXX,
XXX#XXX,
XXX#XXX
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history for 65 months reviewed. Late payment showing on closed account

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 713 exceed guidelines minimum of 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at employer over 10 years

                                                                           
297   XXXXXX   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   CU score is
>2.5.
Clayton to
order desk
review.
  2/18/2026:
CDA
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history for 65 months reviewed. Late payment showing on closed account

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 713 exceed guidelines minimum of 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at employer over 10 years

                                                                           
300   XXXXXX   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   Texas
Home
Equity
  Satisfied   C   B   C   B   CMPTXHE119   Texas
Equity -
Affidavit
of Fair
Market
Value
not
signed
by
lender
  No   Fair Market
Value
Affidavit not
signed by
lender
  2/25/26 -
Lender
provided
Fair
Market
Value
Affidavit
signed by
lender
  2/25/26 -
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 715 mid score > min required of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 43.51% is below the guideline of 45%.


Deal
ID
  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
                                                                           
300   XXXXXX   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   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   $978.85 Zero
Percent
Tolerance
Violation due
to increase in
Loan Ponts,
and numerous
title fees at or
prior to
closing
without a
valid Change
in
Circumstance.
Requires CIC,
or corrected
PCCD, copy
of refund
check, LOX
and
verification of
shipping.
  2/25/26 -
Lender
provided
COC
showing
increase in
loan
points.
  2/25/26 -
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 715 mid score > min required of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 43.51% is below the guideline of 45%.

                                                                           
300   XXXXXX   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   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   $56.50 Ten
Percent
Tolerance
Violation due
to increase in
Recording
fees at or
prior to
closing
without a
valid Change
in
Circumstance.
Requires CIC,
or corrected
PCCD, copy
of refund
check, LOX
and
verification of
shipping.
  2/25/26 -
Lender
provided
COC
showing
increase in
recording
fees.
  2/25/26 -
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 715 mid score > min required of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 43.51% is below the guideline of 45%.

                                                                           
302   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver (PIW)/
AW
  No   Loan is PIW
approved,
Clayton to
order BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: Commission income not used for both borrowers to qualify

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 778 fico score exceeds guidelines 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 10 year at current job

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 30 % DTI, max DTI 45%


Deal
ID
  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
                                                                           
302   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton to
order BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No Data)   Not
Applicable
 

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: Commission income not used for both borrowers to qualify

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 778 fico score exceeds guidelines 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 10 year at current job

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 30 % DTI, max DTI 45%

                                                                           
304   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   D   A   D   A   D   A   A   A   D   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   D   A   D   A   CMPTRID5107   TRID - Seller
CD not in file;
need in order
to complete
fee entry
  No   Missing
Seller’s
CD- need
in order to
complete
fee entry
  2.23.2026
-Seller CD
provided
  2.23.2026
-
Exception
satisfied
  Not
Applicable
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 790 FICO > min. score requirement of 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves in the amt. of $115,698.79 exceeds AUS requirement of $0.00

 

CFCFS5269: Minimal use of credit

- Clayton Comments: 10.00% revolving credit utilization

                                                                           
304   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   D   A   D   A   D   A   A   A   D   A   Credit   Assets   Satisfied   D   A   D   A   CRDAST2670   Asset
documentation
is insufficient
per guideline
requirements
  No   Missing
proof of
transfer
and receipt
of gift
funds in
the amt. of
$38,000.00
  2/23/2026:
Received
wire
receipt to
title for
gift funds.
  2/23/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 790 FICO > min. score requirement of 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves in the amt. of $115,698.79 exceeds AUS requirement of $0.00

 

CFCFS5269: Minimal use of credit

- Clayton Comments: 10.00% revolving credit utilization


Deal
ID
  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
                                                                           
304   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   D   A   D   A   D   A   A   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation
LCA score is
> 2.5. Clayton
to order desk
review
  2/18/2026:
CDA
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 790 FICO > min. score requirement of 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves in the amt. of $115,698.79 exceeds AUS requirement of $0.00

 

CFCFS5269: Minimal use of credit

- Clayton Comments: 10.00% revolving credit utilization

                                                                           
306   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   A   A   D   A   C   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
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)   (No Data)   Numeric   Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80% LTV below 95% threshold for primary purchase.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 704 fico exceeds typical minimum 620 (Fannie has no minimum fico)

 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: 0x30 derogatory marks on mortgage history.

                                                                           
306   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   A   A   D   A   C   A   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   Provide
lender QM
determination.
  2/24/2026:
Received Safe
Harbor
determination.
  2/24/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80% LTV below 95% threshold for primary purchase.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 704 fico exceeds typical minimum 620 (Fannie has no minimum fico)

 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: 0x30 derogatory marks on mortgage history.


Deal
ID
  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
                                                                           
306   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   A   A   D   A   C   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is PIW
approved,
Clayton to
order BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80% LTV below 95% threshold for primary purchase.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 704 fico exceeds typical minimum 620 (Fannie has no minimum fico)

 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: 0x30 derogatory marks on mortgage history.

                                                                           
306   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   A   A   D   A   C   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is PIW
approved,
Clayton to
order BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80% LTV below 95% threshold for primary purchase.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 704 fico exceeds typical minimum 620 (Fannie has no minimum fico)

 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: 0x30 derogatory marks on mortgage history.

                                                                           
308   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   C   A   A   A   A   C   C   C   C   A   A   A   A   C   C   Compliance   TILA/
RESPA
Integrated
Disclosure
  Active   C   C   C   C   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
  Yes   $40.00 Zero
Tolerance
due to
increase in
Transfer
Taxes
Aggregate/
County
Taxes from
$0.00 to
$40.00,
without a
valid Change
in
Circumstance
(CIC).
Requires
CIC, or
corrected
PCCD, copy
of refund
check, LOX
and
verification
of shipping.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 17 mos. mtg. payment hist. 0X30,60,90 days. Paid as agreed.

 

CFCFS2860: Good credit history

- Clayton Comments: deep credit hist. with all accts. paid as agreed. No collections, judgements, BK.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit score 758 exceeds guideline min. requirement of 620


Deal
ID
  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
                                                                           
310   XXXXXX   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                                                              

CFCFS2860: Good credit history

- Clayton Comments: Consumer debt: 0x30 x99 months

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 754 mid score > min required of 620

                                                                           
311   XXXXXX   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                                                               (No Data)
                                                                           
312   XXXXXX   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                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: 37% revolving credit utilization

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 3 open mortgage accts. all paid as agreed. 0X30,60,90 days.


Deal
ID
  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
                                                                           
317   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   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   Zero
Tolerance Fee
of $6.00 due
to (Transfer
taxes)
increased
from LE to
CD. Missing
a valid
Change of
Circumstance,
or Post Close
CD, LOX and
copy of
refund check
to borrower.
  2.23.2026
- COC
provided
  2.23.2026
-
Exception
satisfied
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 794 fico score exceeds guidelines 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 5 years at current job

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $92552.98 or 23.63 months of P&I

                                                                           
317   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   B   C   B   CMPTRID3966   TRID - CD:
The Will Not
Have an
Escrow
Account in
the CD Loan
Disclosures
section is
selected and
both or neither
of You
declined it
and/or Your
lender does
not offer one
are selected
  No   Missing
check mark
on selected
box for “You
declined it”
  2/25/26 -
Lender
provided
PCCD
showing
you
declined it
selected.
  2/25/26 -
Exception
satisfied.
  Non-Numeric   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 794 fico score exceeds guidelines 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 5 years at current job

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $92552.98 or 23.63 months of P&I

                                                                           
317   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is PIW
approved,
Clayton to
order BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 794 fico score exceeds guidelines 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 5 years at current job

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $92552.98 or 23.63 months of P&I


Deal
ID
  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
                                                                           
317   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is PIW
approved,
Clayton to
order BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 794 fico score exceeds guidelines 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 5 years at current job

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $92552.98 or 23.63 months of P&I

                                                                           
318   XXXXXX   XXXXXX   MN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   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 percent
tolerance fail
of $46.00 due
to Transfer
Taxes
Aggregate
increased
from
$1334.00 LE
XXX to
$1380.00 CD
XXX with no
internal COC
in file.
Provide
Internal COCs
reflecting
valid reason
for the fee
change within
3 business
days of
change -OR-
PCCD with
cure, copy of
cure check,
LOE to
Borrower and
Evidence of
delivery via
method
including
tracking,
within 60 days
of
consummation
  2.24.2026
- COC
provided
  2.24.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified reserves of $31,989.16 or 6.29 months PITI reserve exceeds AUS required reserves of $30,511.67.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Representative score of 729 exceeds guidelines.

                                                                           
318   XXXXXX   XXXXXX   MN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   C   A   C   A   A   A   A   A   C   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score is >
2.5. Clayton
to order desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified reserves of $31,989.16 or 6.29 months PITI reserve exceeds AUS required reserves of $30,511.67.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Representative score of 729 exceeds guidelines.


Deal
ID
  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
                                                                           
319   XXXXXX   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                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 30 is less than the max of 45.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Current job since 8/16/1993.

                                                                           
328   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   C   B   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to
orderBPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: 8 years and 5 months in current profession

                                                                           
329   XXXXXX   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                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median Fico Score of 803 > 183 required guideline requirements of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 34.44% is above the minimum program requirements of 45%

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 78.23% LTV for Subject Property is below guideline max LTV of 95%

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job, 21 years and 4 months.


Deal
ID
  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
                                                                           
330   XXXXXX   XXXXXX   AL   QM:
Safe
Harbor
(APOR)
  QM:
Rebuttable
Presumption
(APOR)
  C   C   A   A   A   A   C   C   C   C   A   A   A   A   C   C   Compliance   Ability to
Repay/
Qualified
Mortgage
  Active   C   C   C   C   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.
  Yes   Lender
verified
Safe Harbor
(APOR).
Clayton
verified
Rebuttable
Presumption
(APOR).
  2/27/2026:
Received
Mavent dated
11/14/2025
showing Safe
Harbor. This
was in the
original
PDF.3/6/2026
- Client
requsted
calculation:
Benchmark
Term 360,
Benchmark
Date XXX,
Test APR
9.065,
Benchmark
Rate 6.870,
Benchmark
Variance
2.195.
Exceeds
1.5000% rate
trigger
spread.
  2/27/2026:
Exception
remains.3/6/2026
- Exceptionr
remains.
  (No
Data)
  Not
Applicable
  (No Data)
                                                                           
331   XXXXXX   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                                                              

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80 is less than the max of 95.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 30.97 is less than the max of 45.

                                                                           
340   XXXXXX   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: Verified Credit score of 723 exceeds minimum guidelines of 620

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Verified LTV of 80% is below guideline requirement of 90%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves of $246739.85 exceeds AUS reserves of $0.00


Deal
ID
  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
                                                                           
341   XXXXXX   XXXXXX   FL   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   File is
missing
credit
report.
Unable to
complete
ATR/QM
review.
  2/23/2026:
Received
11/13/2025
credit
report.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 72.50 is below guideline requirement max of 95.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Representative score of 807 exceeds guidelines.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified reserves of $320,684.43 or 43.58 months PITI reserve exceeds required reserves of $0.00.

                                                                           
341   XXXXXX   XXXXXX   FL   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   Credit/
Mtg
History
  Satisfied   D   A   D   A   CRDCRMH189   Missing
credit
report
  No   Provide
missing
credit
report used
in
qualifying.
  2/23/2026:
Received
11/13/2025
credit
report.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 72.50 is below guideline requirement max of 95.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Representative score of 807 exceeds guidelines.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified reserves of $320,684.43 or 43.58 months PITI reserve exceeds required reserves of $0.00.

                                                                           
343   XXXXXX   XXXXXX   ID   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   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Please
provide
missing
Affiliate
Business
Disclosure.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 74.95% is < the maximum LTV of 95%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified asset of $221,675.59; required cash to close $133,080.68; verified reserves of $88,594.91 or 33.06 months; required reserves $0.00.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Per VVOE, the borrower has been employed with current employer for 5 years and 6 months with a start date of 7/6/2020.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 712 is > the minimum credit score of 620.


Deal
ID
  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
                                                                           
344   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   A   A   D   A   D   A   A   A   A   A   Credit   Credit/
Mtg
History
  Satisfied   D   A   D   A   CRDCRMH183   Credit report
incomplete
  No   Missing
borrower #2
credit report.
  2/26/2026:
Received
corrected
Note.
Only one
borrower
with the
Trust, the
other is a
signor of
the Trust
only.
  2/26/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 766 is > the minimum credit score of 620.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: CLTV of 55.93% is < the maximum CLTV of 95%.

                                                                           
344   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   A   A   D   A   D   A   A   A   A   A   Credit   Terms/
Guidelines
  Satisfied   C   A   C   A   CRDTER3122   Loan
documents
do not meet
guideline
requirements
  No   Note date
XXX reflects
2 borrower
which signed
individually as
as trustees.
Missing all
credit
documentation
for B2.
Missing 1008
and fraud
report and DU
Findings to
include B2
OR new Note
needs to be
signed and
dated showing
XXX as
Trustee only,
remove
Individually.
  2/26/2026:
Received
corrected
Note.
Only one
borrower
with the
Trust, the
other is a
signor of
the Trust
only.
  2/26/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 766 is > the minimum credit score of 620.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: CLTV of 55.93% is < the maximum CLTV of 95%.

                                                                           
344   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   A   A   D   A   D   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score is
>2.5. Clayton
to order desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 766 is > the minimum credit score of 620.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: CLTV of 55.93% is < the maximum CLTV of 95%.


Deal
ID
  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
                                                                           
345   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
score is >
2.5.
Clayton
to order
desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: B2 has 6 years & 4 months at current job

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 83 points above guideline minimum of 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 4 years & 6 months at current job

                                                                           
348   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Qualifying DTI (Back) of 27.33% is 17.67% below the 45% allowed.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 17 years 1 month at current residence.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO of 749 is 129 points above the 620 required.

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 34 years 1 month in profession.

                                                                           
348   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Qualifying DTI (Back) of 27.33% is 17.67% below the 45% allowed.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 17 years 1 month at current residence.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO of 749 is 129 points above the 620 required.

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 34 years 1 month in profession.


Deal
ID
  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
                                                                           
351   XXXXXX   XXXXXX   LA   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   Active   B   B   B   B   CMPRESPA2698   RESPA -
List of
homeowners
counseling
organizations
not in file
  No   RESPA -
List of
homeowners
counseling
organizations
not in file
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has owned at current home, 5 years and 1 months.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job, 2 years and 5 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median Fico Score of 746 > 126 required guideline requirements of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 31.07% is above the minimum program requirements of 45%

                                                                           
351   XXXXXX   XXXXXX   LA   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   CMPTRID3552   TRID - Loan
Estimate not
timely
  No   Initial LE in
file dated
XXX
  2.24.2026
-Initial LE
received
  2.24.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has owned at current home, 5 years and 1 months.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job, 2 years and 5 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median Fico Score of 746 > 126 required guideline requirements of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 31.07% is above the minimum program requirements of 45%

                                                                           
352   XXXXXX   XXXXXX   OH   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation to
support
appraised
value XXX.
LCA in file
has no score
listed.
Clayton to
order Desk
Review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 43.80% is above the minimum program requirements of 45%

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job, 21 years and 4 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median Fico Score of 714 > 94 required guideline requirements of 620

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80% LTV for Subject Property is below guideline max LTV of 90%


Deal
ID
  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
                                                                           
353   XXXXXX   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: Qualifying credit score of 796 is higher than minimum requirement by more than 50 percentage points.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrowers have a very minimal use of credit.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrowers have maintained a positive delinquent free mortgage payment history.

                                                                           
358   XXXXXX   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   CMPTRID3966   TRID -
CD: The
Will Not
Have an
Escrow
Account in
the CD
Loan
Disclosures
section is
selected
and both or
neither of
You
declined it
and/or
Your
lender does
not offer
one are
selected
  No   CD: The Will
Not Have an
Escrow
Account in the
CD Loan
Disclosures
section is
selected and
both or neither
of You
declined it
and/or Your
lender does
not offer one
are selected -
Missing from
CD in file.
Non-numeric
clerical error
cure: LOX
and post-
consummation
CD within 60
days of
consummation
  2/25/26
- Lender
provided
PCCD
showing
will not
have an
escrow
account.
  2/25/26 -
Exception
satisfied.
  Non-Numeric   Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog credit. 769 Median Credit Score, Oldest Trade 12/2007

 

CFCFS1746: Significant housing expense reduction

- Clayton Comments: 7.78% housing expense reduction. Payment from $5902.73 reduced to $5443.43

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 4.58 yrs tenure with current self employed business

                                                                           
361   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   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)
  (No Data)   Numeric   Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 32 is less than the max of 45.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $440,355.40 (80.82 months PITIA reserves) > min required of $0.00

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 807 mid score > min required of 620


Deal
ID
  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
                                                                           
361   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation.
LCA score is
>2.5. Clayton
to order desk
review.
  2/18/2026:
CDA
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 32 is less than the max of 45.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $440,355.40 (80.82 months PITIA reserves) > min required of $0.00

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 807 mid score > min required of 620

                                                                           
363   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation.
LCA score
could not be
assessed.
Clayton to
order desk
review.
  2/18/2026:
BPO provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage history reporting to credit is positive.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: No funds required for closing or reserves. Verified assets are $212,386.20.

                                                                           
364   XXXXXX   XXXXXX   WI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   D   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   Provide
Lender QM
Determination.
  2/23/2026:
Received Safe
Harbor
determination.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 13 years owned/self employment

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 775 fico exceeds minimum 620 fico

 

CFCFS2860: Good credit history

- Clayton Comments: 0x30 zero derogatory


Deal
ID
  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
                                                                           
364   XXXXXX   XXXXXX   WI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   D   A   A   A   C   A   C   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
returned no
score.
Clayton to
order Desk
Review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 13 years owned/self employment

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 775 fico exceeds minimum 620 fico

 

CFCFS2860: Good credit history

- Clayton Comments: 0x30 zero derogatory

                                                                           
365   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   D   A   D   A   C   A   D   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   Per LP
require a
YTD
paystub
documenting
all YTD
earnings or a
written VOE
documenting
all YTD
earnings and
earnings for
the most
recent
calendar
year. File
contains 2
employment
verification
and YTD
income from
current and
1 previous
job from
3/24/2025 -
11/28/2025 .
Provide
YTD from
XXX for
Jan- Feb
2025.
  2/27/2026:
Doc
received is
not a
complete
copy.
3/3/2026:
Received
2025 W2.
  2/27/2026:
Exception
remains.3/3/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 34.70% is < the maximum DTI of 45%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified assets of $395,280.49; required assets $167,609.08; verified reserves of $227,671.41 or 38.65 months; required reserves of $0.00

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% is < the maximum LTV of 95%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 807 is > the minimum credit score of 620.

                                                                           
365   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   D   A   D   A   C   A   D   A   D   A   Credit   Income/
Employment
  Satisfied   C   A   C   A   CRDINC888   Income
Amount is
Unsupported
by
Documentation
in File
  No   Per LP
require a
YTD
paystub
documenting
all YTD
earnings or a
written VOE
documenting
all YTD
earnings and
earnings for
the most
recent
calendar
year. File
contains 2
employment
verification
and YTD
income from
current and
1 previous
job from
3/24/2025 -
11/28/2025 .
Provide
YTD from
XXX for
Jan- Feb
2025.
  2/27/2026:
Doc
received is
not a
complete
copy.
3/3/2026:
Received
2025 W2.
  2/27/2026:
Exception
remains.3/3/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 34.70% is < the maximum DTI of 45%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified assets of $395,280.49; required assets $167,609.08; verified reserves of $227,671.41 or 38.65 months; required reserves of $0.00

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% is < the maximum LTV of 95%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 807 is > the minimum credit score of 620.


Deal
ID
  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
                                                                           
365   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   D   A   D   A   C   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 34.70% is < the maximum DTI of 45%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified assets of $395,280.49; required assets $167,609.08; verified reserves of $227,671.41 or 38.65 months; required reserves of $0.00

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% is < the maximum LTV of 95%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 807 is > the minimum credit score of 620.

                                                                           
365   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   D   A   D   A   C   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 34.70% is < the maximum DTI of 45%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified assets of $395,280.49; required assets $167,609.08; verified reserves of $227,671.41 or 38.65 months; required reserves of $0.00

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% is < the maximum LTV of 95%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 807 is > the minimum credit score of 620.

                                                                           
369   XXXXXX   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                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Report of 793 is 173 points above program minimum requirement of 620.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $13,741.70 or 1.06 PITIA


Deal
ID
  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
                                                                           
372   XXXXXX   XXXXXX   MI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   PIW
approved
loan.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $2688.30 which exceeds AUS minimum of $0.00

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Verified LTV 73.67 which is below guideline Max of 97%

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified DTI 22.83 which is below guideline max of 45%

                                                                           
372   XXXXXX   XXXXXX   MI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $2688.30 which exceeds AUS minimum of $0.00

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Verified LTV 73.67 which is below guideline Max of 97%

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified DTI 22.83 which is below guideline max of 45%

                                                                           
373   XXXXXX   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: 719 fico score exceeds guidelines 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $37567.24 or 5.37 months of P&I


Deal
ID
  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
                                                                           
378   XXXXXX   XXXXXX   MO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Missing
updated
valuation.
Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 16 years at current job

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 81 points above guideline minimum of 620

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 6 years & 1 month at current residence

                                                                           
378   XXXXXX   XXXXXX   MO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   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.
Loan
approved
with
PIW.
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 16 years at current job

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 81 points above guideline minimum of 620

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 6 years & 1 month at current residence

                                                                           
380   XXXXXX   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                                                              

CFCFS2860: Good credit history

- Clayton Comments: Consumer debt: 0x30 x99 months

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 751 mid score > min required of 620


Deal
ID
  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
                                                                           
381   XXXXXX   XXXXXX   MD   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 Fee
of $2053.46
due to
(Transfer
Tax)
increased
from LE to
CD. Missing
a valid
Change of
Circumstance,
or Post Close
CD, LOX and
copy of
refund check
to borrower.
  2/25/26 -
Lender
provided
Post Close
CD, LOX
and copy
of refund
check to
borrower.
  2/25/26 -
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 728 FICO Score. Minimum required 620.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have lived at current residence for 16 years.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrowers have 0x30x342 months positive consumer payment history.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Co borrower has 0x30x71 months positive mortgage payment history.

                                                                           
382   XXXXXX   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: 705 FICO score > min. requirement of 620

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 27.4 years current job time

 

CFCFS1736: Significant time at current residence

- Clayton Comments: 19 years current residence time

                                                                           
383   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   C   B   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is PIW
approved,
Clayton to
order BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Representative score of 788 exceeds guideline requirement of 620.

 

CFCFS1746: Significant housing expense reduction

- Clayton Comments: Transaction results in a PITI of $4,148.26 which is a significant housing expense reduction of $940.74 or an 18.49% improvement from the previous subject expense of $5,089.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 4.87 is below guideline requirement max of 45.


Deal
ID
  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
                                                                           
384   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   B   B   D   B   A   A   D   A   B   B   Compliance   Right of
Rescission
  Active   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 2/B-
Non
Material
Condition in
those
Circuits that
have not
decided on
this issue.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 779 fico score exceeds guidelines 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 7 years at current job

                                                                           
384   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   B   B   D   B   A   A   D   A   B   B   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan
approved
with PIW
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 779 fico score exceeds guidelines 620

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 7 years at current job

                                                                           
384   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   B   B   D   B   A   A   D   A   B   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton to
order BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 779 fico score exceeds guidelines 620

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 7 years at current job


Deal
ID
  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
                                                                           
388   XXXXXX   XXXXXX   TN   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   Please
provide
missing
LE dated
XXX.
  2.24.2026
-Missing
LE and
COC
received
  2.24.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 791 exceed guidelines minimum requirement of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 30.93% DTI is below guideline requirement of 45%

                                                                           
390   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   PIW
approved
loan.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: 0x30 no derogatory marks

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 20 years with current employer.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 738 fico exceeds 620 minimum

                                                                           
390   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   PIW
approved
loan.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: 0x30 no derogatory marks

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 20 years with current employer.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 738 fico exceeds 620 minimum


Deal
ID
  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
                                                                           
393   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   PIW
approved
loan.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 34.66% is < max allowable per guides of 45%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $20,250.77 (4.6 months PITIA reserves) > min required of $0

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 747 FICO score is > min. requirement of 620

                                                                           
393   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   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.
Loan
approved
with
PIW.
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 34.66% is < max allowable per guides of 45%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $20,250.77 (4.6 months PITIA reserves) > min required of $0

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 747 FICO score is > min. requirement of 620

                                                                           
394   XXXXXX   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                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 29.32% is above the minimum program requirements of 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median Fico Score of 817 > 197 required guideline requirements of 620

 


Deal
ID
  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
                                                                           
396   XXXXXX   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                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 12 years on current job

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has excess reserves

                                                                           
397   XXXXXX   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: Credit score of 733 is 113 points above minimum program requirement of 620.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Assets: $12,757.01, 2.58 months; 0 months required.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 97%.

                                                                           
398   XXXXXX   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   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Missing
Affiliate
Business
Disclosure
  (No
Data)
  (No
Data)
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been at their current job over 10 years

 

CFCFS2854: Significant time in profession

- Clayton Comments: The borrower has been in the same profession for 20 years

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $271,911.61 or 46.75 months PITI reserves. Required reserves $34,899.82

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 797. Minimum score required 620

 


Deal
ID
  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
                                                                           
400   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified credit score 762 exceeds minimum score of 620

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Verified 0x30 mortgage lates in the past 12 months

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $27991.78 which meets AUS requirement of $17198.00

                                                                           
400   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified credit score 762 exceeds minimum score of 620

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Verified 0x30 mortgage lates in the past 12 months

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $27991.78 which meets AUS requirement of $17198.00

                                                                           
401   XXXXXX   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                                                              

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 6.4 years current job time

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 38.50% DTI is < max. allowable of 45%

 

CFCFS5269: Minimal use of credit

- Clayton Comments: 32% revolving credit utilization

 


Deal
ID
  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
                                                                           
404   XXXXXX   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                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $98,994.58 or 15.24 PITIA

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 770 is 150 points above program minimum requirement of 620.

                                                                           
406   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   C   B   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Required
Affiliate
Business
Disclosure
missing
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: The total LTV is 75%

 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Borrower has no late payments on the mortgage history

                                                                           
406   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   C   B   B   B   B   B   A   A   A   A   B   B   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan
approved
with a
Property
Inspection
Waiver;
Clayton to
order a
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: The total LTV is 75%

 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Borrower has no late payments on the mortgage history

 


Deal
ID
  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
                                                                           
409   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   C   A   D   A   C   A   D   A   C   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   Initial CD is
missing from
file. Please
provide Initial
CD with
Confirmation
of Receipt at
least 3 days
prior to
Consummation
Date XXX.
  2.27.2026 -
ICD received
  2.27.2026
-
Exception
satisifed
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower DTI is 13 points below guideline maximum.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 5 years & 5 months at current residence

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 5 years & 5 months at current job

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 149 points above guideline minimum of 620

                                                                           
409   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   C   A   D   A   C   A   D   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 is
missing from
file. Please
provide Initial
CD with
Confirmation
of Receipt at
least 3 days
prior to
Consummation
Date XXX.
  2.27.2026 -
ICD received
  2.27.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower DTI is 13 points below guideline maximum.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 5 years & 5 months at current residence

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 5 years & 5 months at current job

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 149 points above guideline minimum of 620

                                                                           
409   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   C   A   D   A   C   A   D   A   C   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   Provide
Lender QM
determination.
  2/27/2026:
Received Safe
Harbor
determination.
  2/27/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower DTI is 13 points below guideline maximum.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 5 years & 5 months at current residence

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 5 years & 5 months at current job

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 149 points above guideline minimum of 620

 


Deal
ID
  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
                                                                           
409   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   C   A   D   A   C   A   D   A   C   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is PIW
approved,
Clayton to
order BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower DTI is 13 points below guideline maximum.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 5 years & 5 months at current residence

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 5 years & 5 months at current job

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 149 points above guideline minimum of 620

                                                                           
409   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   C   A   D   A   C   A   D   A   C   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved PIW.
Clayton to
order BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower DTI is 13 points below guideline maximum.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 5 years & 5 months at current residence

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 5 years & 5 months at current job

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 149 points above guideline minimum of 620

                                                                           
410   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   A   D   A   A   A   D   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
Fee of $862.20
due to Lender
Credit
decrease on
CD XXX.
Provide a valid
Change of
Circumstance,
or Post Close
CD, LOX and
copy of refund
check to
borrower with
proof of
delivery via
tracking
method within
60 days of
consummation.
  2.23.2026
-COC
provided
  2.23.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying credit score of 741 exceeds the minimum guideline requirement by more than 50 points.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrowers have a good overall credit history with no historical delinquencies.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Reserves verified of $240,430.25 exceed the minimum guideline requirement.

 


Deal
ID
  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
                                                                           
410   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   A   D   A   A   A   D   A   C   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying credit score of 741 exceeds the minimum guideline requirement by more than 50 points.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrowers have a good overall credit history with no historical delinquencies.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Reserves verified of $240,430.25 exceed the minimum guideline requirement.

                                                                           
410   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   A   D   A   A   A   D   A   C   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying credit score of 741 exceeds the minimum guideline requirement by more than 50 points.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrowers have a good overall credit history with no historical delinquencies.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Reserves verified of $240,430.25 exceed the minimum guideline requirement.

                                                                           
412   XXXXXX   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                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: 22.80 months of reserves exceeds guideline requirements of 0 months.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 41.35% is above the minimum program requirements of 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median Fico Score of 746 > 126 required guideline requirements of 620

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80% LTV for Subject Property is below guideline max LTV of 95%

 


Deal
ID
  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
                                                                           
415   XXXXXX   XXXXXX   WI   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: Borrowers DTI 34.70% is less than guideline maximum 45%.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30x63 months positive consumer payment history.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 0x30x27 months positive mortgage payment history.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 762 FICO score. Minimum required 620.

                                                                           
417   XXXXXX   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                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 29.54% is < max. allowable per guides of 45%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves of $54,100.30 > min. required of $0.00

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 708 FICO score is > min. requirement of 620

                                                                           
418   XXXXXX   XXXXXX   TX   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   Provide
Lender QM
determination.
  2/25/2026:
Received Safe
Harbor
determination.
  2/25/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has been with current employer 18 years 2 months

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with current employer 13 years 6 months

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Medium credit scores 767 / 757 exceed guidelines minimum of 620

 


Deal
ID
  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
                                                                           
419   XXXXXX   XXXXXX   AZ   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   Finance
Charge
Tolerance
  Satisfied   B   B   B   B   CMPFINT106   Finance
charge
understated
by more
than $100
(Pmt
Stream)
  No   The finance
charges are
understated by
$231.00 which
exceeds the
maximum
allowed of
$100.00.
Unable to
determine the
source of the
understatement.
Corrected on
PCCD XXX
Exception
Satisfied
  (No
Data)
  (No
Data)
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 758 is 138 points above program minimum requirement of 620.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $467,821.29 or 60.09 PITIA

                                                                           
419   XXXXXX   XXXXXX   AZ   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   Finance
Charge
Tolerance
  Satisfied   B   B   B   B   CMPFINT4372   TILA/
TRID-
Disclosed
Amount
Financed is
higher than
Clayton’s
calculated
Amount
Financed
  No   The finance
charges are
understated by
$231.00 which
exceeds the
maximum
allowed of
$100.00.
Unable to
determine the
source of the
understatement.
Corrected on
PCCD XXX
Exception
Satisfied
  (No
Data)
  (No
Data)
  Numeric   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 758 is 138 points above program minimum requirement of 620.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $467,821.29 or 60.09 PITIA

                                                                           
419   XXXXXX   XXXXXX   AZ   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   TILA/
RESPA
Integrated
Disclosure
  Satisfied   B   B   B   B   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 of
Payments, CD
Value: XXX,
eCLAS Value:
XXX
difference of
$495.00
Unable to
determine the
source of the
understatement.
Corrected on
PCCD XXX
Exception
Satisfied
  (No
Data)
  (No
Data)
  Numeric   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 758 is 138 points above program minimum requirement of 620.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $467,821.29 or 60.09 PITIA


Deal
ID
  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
                                                                           
420   XXXXXX   XXXXXX   TX   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   Provide
Lender QM
determination.
  2/25/2026:
Received Safe
Harbor
determination.
  2/25/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing Assets- $1,543,722.79; reserves required $0.00

                                                                           
421   XXXXXX   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                                                              

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage history reports 53 mos. 0x30.

 

CFCFS2854: Significant time in profession

- Clayton Comments: B2 has 46 years in same line of work.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have 9 years 4 months at current residence.

                                                                           
423   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score is
>2.5. Clayton
to order desk
review.
  2/18/2026:
CDA
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 8 years & 7 months at current job

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 154 points above guideline minimum of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower DTI is 21 points below guideline maximum.

 


Deal
ID
  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
                                                                           
425   XXXXXX   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                                                              

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Credit report validates 104 month credit history 1X30, 0x60, 0x90, 0x120

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Medium credit scores 764 exceed guidelines minimum of 620

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrower has minimal use of available credit ratio 22.62%

                                                                           
426   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Missing
updated
valuation.
Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 41.27 is below the minimum program requirements of 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median Fico Score of 807 > 187 required guideline requirements of 620

                                                                           
426   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   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.
Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 41.27 is below the minimum program requirements of 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median Fico Score of 807 > 187 required guideline requirements of 620

 


Deal
ID
  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
                                                                           
427   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   B   C   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Missing
Affiliate
Business
Disclosure
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit score of 736 exceed guidelines minimum of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 38.26% below max allowable of 45%

                                                                           
427   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   B   C   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   Need
evidence of
change of
circumstance
letter or a
copy of a
refundable
check in the
amount of
$197.64 for
zero
tolerance
fees.Lender
Credit
decreased
from $665 to
$467.36 on
the CD
dated XXX
  2.23.2026
-COC
provided
  2.23.2026 -
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit score of 736 exceed guidelines minimum of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 38.26% below max allowable of 45%

                                                                           
427   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   B   C   B   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Missing
updated
valuation.
Loan
approved
with PIW.
Clayton to
order BPO
  2/18/2026
BPO
Provided
does not
support
value.
2055 to be
ordered
3/6/2026:
Received
Report
2055
supporting
value.
  02/18/2026:
Exception
Remains
3/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit score of 736 exceed guidelines minimum of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 38.26% below max allowable of 45%

 


Deal
ID
  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
                                                                           
427   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   B   C   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation.
Loan
approved with
PIW. Clayton
to order BPO
  2/18/2026
BPO
Provided does
not support
value. 2055 to
be ordered
3/6/2026:
Received
Report 2055
supporting
value.
  02/18/2026:
Exception
Remains.3/6/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit score of 736 exceed guidelines minimum of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 38.26% below max allowable of 45%

                                                                           
427   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   B   C   B   Property
Valuations
  Value   Satisfied   C   A   C   B   PRVAVALU5249   Property
Value Not
Supported
  No   Loan
approved with
PIW. Clayton
to order BPO
  2/18/2026
BPO
Provided does
not support
value. 2055 to
be ordered
  02/18/2026:
Exception
Remains
  Not
Applicable
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit score of 736 exceed guidelines minimum of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 38.26% below max allowable of 45%

                                                                           
429   XXXXXX   XXXXXX   OH   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   Provide
lender QM
determination.
  2/23/2026:
Received Safe
Harbor
determination.
  2/23/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1745: Significant total monthly debt reduction

- Clayton Comments: Reducing outgo by approximately $786 a month.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: CBR score of 747 exceeds the 620 required.


Deal
ID
  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
                                                                           
430   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   D   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   Provide
Lender QM
determination.
  2/27/2026:
Received Safe
Harbor
determination.
  2/27/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 78.15%/maximum 90%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score is 787/minimum 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is 42.85%/maximum 50%

                                                                           
430   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   D   A   A   A   C   A   C   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA returned
no score.
Clayton to
order Desk
Review.
  2/18/2026: BPO
provided
supports
appraised value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 78.15%/maximum 90%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score is 787/minimum 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is 42.85%/maximum 50%

                                                                           
431   XXXXXX   XXXXXX   NC   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   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Missing
updated
valuation.
Loan is PIW
approved,
Clayton to
order BPO
  2/18/2026 BPO
Provided does
not support
value. 2055 to be
ordered.3/9/2026:
Received 2055
Ext report
supporting value.
  02/18/2026:
Exception
Remains.3/9/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: 39.78 months of reserves exceeds guideline requirements of 2.041 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median Fico Score of 763 > 143 required guideline requirements of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 40.00% is above the minimum program requirements of 45%

 


Deal
ID
  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
                                                                           
431   XXXXXX   XXXXXX   NC   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   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation.
Loan is PIW
approved,
Clayton to
order BPO
  2/18/2026 BPO
Provided does
not support
value. 2055 to be
ordered.3/9/2026:
Received 2055
Ext report
supporting value.
  02/18/2026
Exception
Remains.3/9/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: 39.78 months of reserves exceeds guideline requirements of 2.041 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median Fico Score of 763 > 143 required guideline requirements of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 40.00% is above the minimum program requirements of 45%

                                                                           
431   XXXXXX   XXXXXX   NC   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
  Value   Satisfied   C   A   C   B   PRVAVALU5249   Property
Value Not
Supported
  No   Loan is PIW
approved.
Clayton to
order BPO
  2/18/2026 BPO
Provided does
not support
value. 2055 to be
ordered.3/9/2026:
Received 2055
Ext report
supporting value.
  02/18/2026:
Exception
Remains.3/9/2026:
Exception
satisfied.
  Not
Applicable
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: 39.78 months of reserves exceeds guideline requirements of 2.041 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median Fico Score of 763 > 143 required guideline requirements of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 40.00% is above the minimum program requirements of 45%

                                                                           
432   XXXXXX   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   Right of
Rescission
  Satisfied   C   B   C   B   CMPROR2330   ROR -
Disbursement
date is before
end of
statutory
rescission
period
  No   ROR -
Disbursement
date is before
end of
statutory
rescission
period- ROR
Expiration
date of XXX;
disbursement
date per file
XXX.
Borrower did
not receive
full
mandatory
rescission
period
  2.24.2026- Final
ALTA received
with DD of
XXX.
  2.24.2024 -
Exception
satisfied
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median Fico Score of 709 > 189 required guideline requirements of 620

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 62.321% LTV for Subject Property is below guideline max LTV of 80%

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have lived at current residence for the past 37 years and 10 months.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 43.71% is above the minimum program requirements of 45%

 


Deal
ID
  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
                                                                           
434   XXXXXX   XXXXXX   NV   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan File
contains
Property
Inspection
Waiver
PIW
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job, 18 years 3 months.

                                                                           
434   XXXXXX   XXXXXX   NV   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job, 18 years 3 months.

                                                                           
437   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 779 exceeds minimum required of 620.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 34.49% is below Guidelines 45% maximum.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 77.91% is below Guidelines 95% maximum.

 


Deal
ID
  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
                                                                           
437   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 779 exceeds minimum required of 620.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 34.49% is below Guidelines 45% maximum.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 77.91% is below Guidelines 95% maximum.

                                                                           
440   XXXXXX   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: 764 fico exceeds min. requirement of 620

 

CFCFS2860: Good credit history

- Clayton Comments: 0X30,60,90 days derogatory in the last 48 months.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 11 years current job time

                                                                           
441   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score
is > 2.5.
Clayton
to order
desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: 0x30 no lates on any mortgages reflected on credit.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 779 fico exceeds minimum typical 620, Fannie does not have a current minimum threshold.

 

CFCFS2860: Good credit history

- Clayton Comments: 0x30 zero derogatory marks


Deal
ID
  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
                                                                           
445   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
4.0.
Clayton to
order Desk
Review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified 36.42% DTI. Max allowed 45%.

                                                                           
448   XXXXXX   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   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
verified
non-QM
due to fees
exceeding
3%. There
is no
Compliance
Report or
verification
of a
bonafide
fee.
  2/25/2026:
Received
docs and
Mavent
verifying
Bonafide
Fee. Loan
is now
Safe
Harbor.
  2/25/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Medium credit scores 763 exceed guidelines minimum of 620

 

CFCFS2860: Good credit history

- Clayton Comments: Borrowers have no late payment in credit history for past 263 months

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower have resided in subject for past 4 years. Purchasing for Owner estate.

                                                                           
448   XXXXXX   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   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2904   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule; is not a
Qualified
Mortgage.
  No   Clayton
verified
non-QM
due to fees
exceeding
3%. There
is no
Compliance
Report or
verification
of a
bonafide
fee.
  2/25/2026:
Received
docs and
Mavent
verifying
Bonafide
Fee. Loan
is now
Safe
Harbor.
  2/25/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Medium credit scores 763 exceed guidelines minimum of 620

 

CFCFS2860: Good credit history

- Clayton Comments: Borrowers have no late payment in credit history for past 263 months

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower have resided in subject for past 4 years. Purchasing for Owner estate.


Deal
ID
  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
                                                                           
448   XXXXXX   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   B   B   B   B   CMPTRID5741   TRID -
CD: In the
CD Escrow
section,
You will
have an
escrow
account is
indicated,
but any of
the
Escrowed
Property
Costs or
Escrow
Payment =
$0 or Null
  No   In the CD
Escrow
section, You
will have an
escrow
account is
indicated, but
any of the
Escrowed
Property Costs
or Escrow
Payment is
blank,
CORRECTED
ON PCCD
XXX.
Exception
Satisfied
  (No
Data)
  (No
Data)
  Numeric   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Medium credit scores 763 exceed guidelines minimum of 620

 

CFCFS2860: Good credit history

- Clayton Comments: Borrowers have no late payment in credit history for past 263 months

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower have resided in subject for past 4 years. Purchasing for Owner estate.

                                                                           
448   XXXXXX   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   A   C   A   CMPTRID3966   TRID -
CD: The
Will Not
Have an
Escrow
Account in
the CD
Loan
Disclosures
section is
selected
and both or
neither of
You
declined it
and/or
Your
lender does
not offer
one are
selected
  No   The Will Not
Have an
Escrow
Account in the
CD Loan
Disclosures
section is
selected and
both or neither
of You
declined it
and/or Your
lender does not
offer one are
selected ON
PCCD XXX,
Non-numeric
clerical error
cure: LOX and
post-
consummation
CD within 60
days of
consummation.
  (No
Data)
  (No
Data)
  Non-Numeric   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Medium credit scores 763 exceed guidelines minimum of 620

 

CFCFS2860: Good credit history

- Clayton Comments: Borrowers have no late payment in credit history for past 263 months

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower have resided in subject for past 4 years. Purchasing for Owner estate.

                                                                           
449   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   C   A   A   A   B   B   C   B   C   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Required
Affiliate
Business
Disclosure
missing
  (No
Data)
  (No
Data)
  (No Data)   Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Consumer credit history exceeds guidelines with no late payments within the past 10 years or more.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower 1 has significant time at current job with 20 years.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have significant time at current residence with 10.2 years.


Deal
ID
  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
                                                                           
449   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   C   A   A   A   B   B   C   B   C   A   A   A   B   B   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   Provide
Lender QM
Determination.
  2/23/2026:
Received Safe
Harbor
determination.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Consumer credit history exceeds guidelines with no late payments within the past 10 years or more.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower 1 has significant time at current job with 20 years.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have significant time at current residence with 10.2 years.

                                                                           
450   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation: CU
score is >2.5.
Clayton to
order desk
review.
  2/18/2026:
BPO provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: The borrower has 0x30x99 for consumer credit history which exceeds the minimum guideline a of 12 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: The borrower middle credit score of 819 which is 199 points above guideline minimum of 620.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: The borrower has 0x30x44 mortgage history which exceed the minimum guideline of 12 months.

                                                                           
451   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   D   A   D   A   A   A   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
  2/24/2026:
Received IL
Cert of
Compliance
doc.
  2/24/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrower has minimal use of available revolving credit

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Medium credit scores 799 exceed guidelines minimum of 620

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has no late payment in 120 months reporting


Deal
ID
  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
                                                                           
451   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   D   A   D   A   A   A   A   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
CU score
is > 2.5.
Clayton to
order desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrower has minimal use of available revolving credit

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Medium credit scores 799 exceed guidelines minimum of 620

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has no late payment in 120 months reporting

                                                                           
453   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton to
order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% is below Guidelines 97% maximum.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 36.41% is below Guidelines 45% maximum.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 817 exceeds required of 620.

                                                                           
453   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton to
order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% is below Guidelines 97% maximum.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 36.41% is below Guidelines 45% maximum.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 817 exceeds required of 620.


Deal
ID
  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
                                                                           
455   XXXXXX   XXXXXX   NJ   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   Provide
lender QM
determination.
  3/2/2026:
Received Safe
Harbor
determination.
  3/2/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Borrowers have no late payments on the mortgage history

                                                                           
456   XXXXXX   XXXXXX   TX   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   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Affiliate
Business
Disclosure
missing
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: 0x30 no derogatory marks

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80% LTV below 95% LTV

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 749 exceeds typical minimum fico 620 (Fannie Mae has no current minimum fico)

                                                                           
457   XXXXXX   XXXXXX   GA   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   Provide
depository
asset
statements
covering a
two-month
period for
XXX and
XXX, as per
DU message
# 14. Only
one month is
in file.
  2/27/2026:
Received
11/14/2025,
10/14/2025
XXX svgs
statements.
  2/27/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 739 exceeds minimum required of 620.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% is below Guidelines 97% maximum.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been employed at current job for 10 years.


Deal
ID
  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
                                                                           
458   XXXXXX   XXXXXX   MO   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 $52,540.10 or 11.26 PITIA.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 770 is 150 points above program minimum requirement of 620.

                                                                           
460   XXXXXX   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                                                              

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 9 years 9 months in profession.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Qualifying DTI (Back) of 38.56% is 6.44% below the 45% allowed.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO of 700 is 80 points above the 620 required.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Reserves of 74.66 months PITIA vs 0 months reserves required.

                                                                           
461   XXXXXX   XXXXXX   NC   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   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   Need
evidence of
change of
circumstances
letter for Ten
Percent
tolerance,
Recording
Fee increase,
or a copy of a
refund check
in the amount
of $32.00.
  2.23.2026
-COC
provided
  2.23.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: 26.4 years current residence time

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves of $56,103.81 or 10.93 mos. PITIA. Required reserves are $0.00


Deal
ID
  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
                                                                           
466   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
  (No Data)
                                                                           
466   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
  (No Data)
                                                                           
470   XXXXXX   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 $164084.35 or 29.70 months of P&I

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 776 fico score exceeds guidelines 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 31% DTI, Max DTI 45%

 


Deal
ID
  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
                                                                           
471   XXXXXX   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   Texas
Home
Equity
  Satisfied   C   B   C   B   CMPTXHE119   Texas
Equity -
Affidavit
of Fair
Market
Value
not
signed
by
lender
  No   Affidavit
of Fair
Market
Value
not
signed
by
lender
  2/27/2026:
Received
fully
executed
disclosure.
  2/27/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 36.31% is above the minimum program requirements of 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median Fico Score of 724 > 104 required guideline requirements of 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job, 32 years and 5 months.

                                                                           
474   XXXXXX   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                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrowers have lived at their current residence over 33 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 700. Minimum score required 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $83,131.60 or 15.06 PITI reserves. No reserves required

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been at their current job over 44 years

                                                                           
478   XXXXXX   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                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 804 FICO is > min. requirement of 620

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 20 years with current employer.

 

CFCFS2860: Good credit history

- Clayton Comments: 0x30 no derogs

 


Deal
ID
  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
                                                                           
481   XXXXXX   XXXXXX   TX   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
Loan
Estimate
dated
XXX per
Disclosure
Tracking
details
  2.24.2026 -
Missing LE
received
  2.24.226 -
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Owned subject 10+ years.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: CBR score of 725 exceeds the 620 required.

                                                                           
485   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   C   B   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan
approved
with PIW.
Clayton to
order
BPO.
  2/18/2026:
BPO provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $27,509.27 or 4.99 months of PITIA reserves. Reserves required are $0.00

 

CFCFS2860: Good credit history

- Clayton Comments: deep credit file with all accts. paid as agreed. No collections, judgements, BK. All accts.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 769 FICO score > min. requirement of 620

                                                                           
486   XXXXXX   XXXXXX   MS   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   C   A   C   A   CRDAST205   Insufficient
Funds to
Close
  No   Missing
bank
statements
from
XXX
#XXX
and
#XXX
  2/23/2026:
Received
VOD showing
$45,291.20 for
both accounts.
Loan is now
short
$47,041.13
funds to
close.3/2/2026:
Received
Seller CD for
REO sold
same day
closing as
subject.
Verified
$40,431.09 in
post closing
reserves.
  2/23/2026:
Exception
remains.3/2/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 723 median FICO. Min required 620.


Deal
ID

  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
                                                                           
486   XXXXXX   XXXXXX   MS   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   CRDAST2304   Unverified
Assets
  No   Missing
bank
statements
from
XXX#XXX
and #XXX-
needed to
verify
sufficient
funds to
close.
  2/23/2026:
Received
VOD
showing
$45,291.20
for both
accounts.
Loan is
now short
$47,041.13
funds to
close.
  2/23/2026:
Exception
satisfied.
Exception
still active
XXX.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 723 median FICO. Min required 620.

                                                                           
487   XXXXXX   XXXXXX   UT   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   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   Loan
declared
QM Safe
Harbor
from
lender/
client;
Clayton
status is
NONQM
due to fees
too high
(adjusted
charges are
$20,995.00,
max
allowed is
$18,384.92;
$2,610.08
too high)
  2/23/2026:
Received
Compliance
Report and
added
Bonafide
Fee. Loan
is now Safe
Harbor.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 733 mid score > min required of 620

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage: Via consecutive payment histories: 0x30 x254 months

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $125,758.42 (30.48 months PITIA reserves) > min required of $0

                                                                           
487   XXXXXX   XXXXXX   UT   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   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2904   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule; is not a
Qualified
Mortgage.
  No   Loan
declared
QM Safe
Harbor
from
lender/
client;
Clayton
status is
NONQM
due to fees
too high
(adjusted
charges are
$20,995.00,
max
allowed is
$18,384.92;
$2,610.08
too high)
  2/23/2026:
Received
Compliance
Report and
added
Bonafide
Fee. Loan
is now Safe
Harbor.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 733 mid score > min required of 620

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage: Via consecutive payment histories: 0x30 x254 months

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $125,758.42 (30.48 months PITIA reserves) > min required of $0


Deal
ID
  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
                                                                           
495   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   A   A   D   A   C   A   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   Provide
lender QM
determination.
  2/27/2026:
Received Safe
Harbor
determination.
  2/27/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 746 Credit score exceeds guideline minimum score requirement of 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing reserves are $156,198.72, no reserves required per DU

                                                                           
495   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   A   A   D   A   C   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is
approved
PIW. Clayton
to order BPO.
  2/18/2026:
BPO provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 746 Credit score exceeds guideline minimum score requirement of 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing reserves are $156,198.72, no reserves required per DU

                                                                           
495   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   D   B   A   A   D   A   C   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW. Clayton
to order BPO.
  2/18/2026:
BPO provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 746 Credit score exceeds guideline minimum score requirement of 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing reserves are $156,198.72, no reserves required per DU


Deal
ID
  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
                                                                           
496   XXXXXX   XXXXXX   TX   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   Provide
Lender QM
determination.
  2/23/2026:
Received Safe
Harbor
Determination.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 10 years & 8 months at current residence

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30x88

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 4 years & 4 months at current job

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 171 points above guideline minimum of 620

                                                                           
497   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation. CU
score > 2.5.
Clayton to
order desk
review.
  2/18/2026:
BPO provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 8 years & 9 months at current job

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 141 points above guideline minimum of 620

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 6 years at current residence

                                                                           
500   XXXXXX   XXXXXX   GA   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   $17,745.88
Zero tolerance
due to
decrease in
Lender Credit
($7,829) on
Initial CD
dated XXX
and also an
increase in
Loan
Discount
charge
($9,916.88)
on Final CD
dated XXX
without a
valid CoC.
Requires
CoC, or
corrected
PCCD, copy
of refund
check, LOX
and
verification of
shipping.
  2/25/26 -
Lender
provided COC
showing
decrease
lender credit
and increase in
loan discount
points.
  2/25/26 -
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 46.8 CLTV 59.41%. Max 80%

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been at their current job over 25 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 785. Minimum score required 620

 


Deal
ID
  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
                                                                           
502   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
Valuation:
CU score
>2.5,
Clayton to
order desk
review
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Verified 0x30 mortgage lates the past 12 months

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Verified LTV 80% which is below the guideline of 95%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified Credit score 706 exceeds Credit Score min of 620

                                                                           
503   XXXXXX   XXXXXX   NJ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
is >2.5.
Clayton to
order
deskreview.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has no history of late payments

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Maximum LTV 95%, Current LTV 80%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $91672.82 or 13.61 months of PITI required PITI Reserves are $ 0.00

                                                                           
506   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton to
order BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $9,781.69 (3.80 months PITIA reserves) > min required of $0

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 23.58 is less than the max of 45.

 


Deal
ID
  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
                                                                           
506   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   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.
Loan
approved with
PIW. Clayton
to order BPO.
  2/18/2026:
BPO provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $9,781.69 (3.80 months PITIA reserves) > min required of $0

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 23.58 is less than the max of 45.

                                                                           
509   XXXXXX   XXXXXX   AZ   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   Provide
Lender QM
Determination.
  2/23/2026:
Received Safe
Harbor
determination.
  2/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30x69

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 126 points above guideline minimum of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower DTI is 5 points below guideline maximum.

                                                                           
511   XXXXXX   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                                                              

CFCFS1737: LTV below guideline requirements

- Clayton Comments: CLTV of 73.32%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO of 757 is 137 points above the 620 required.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrower has a credit line usage ratio of 3.42%.

 


Deal
ID
  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
                                                                           
512   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation.
CU score
> 2.5.
Clayton to
order desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $50,395.32 (12.77 months PITIA reserves) > min required reserves of $23,670.44

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median Fico Score of 778 > 158 required guideline requirements of 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job, 3 years and 1 months.

                                                                           
515   XXXXXX   XXXXXX   MI   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   C   B   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Missing
ABA
Disclosure
not
required,
This a
bulk loan
XXX isnt
lender
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $4084.27 exceed AUS reserves $0.00

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified credit score 716 exceeds guideline minimum of 620

                                                                           
515   XXXXXX   XXXXXX   MI   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   C   B   B   B   B   B   A   A   A   A   B   B   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   PIW
approved
loan.
Clayton to
order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $4084.27 exceed AUS reserves $0.00

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified credit score 716 exceeds guideline minimum of 620

 


Deal
ID
  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
                                                                           
519   XXXXXX   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   Credit   Insurance   Satisfied   A   A   A   A   CRDINSR5351   Insurance
Effective
date is
greater
than the
transaction
date
  No   Missing
evidence of
insurance in
effect at time
of
disbursement
XXX
Evidence of
hazard in file
has an
effective
date of XXX
  (No Data)   PCCD
dated
01/13/2026.
Exception
satisfied
  Not
Applicable
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 33 % DTI max DTI 45%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $109635.59 or 21.59 months of P&I

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 769 fico score exceeds guidelines 620

                                                                           
521   XXXXXX   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                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence, 9 years 2 months.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Positive mortgage payment history 0x30x38.

                                                                           
522   XXXXXX   XXXXXX   MN   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   CRDINC150   Income
docs do
not meet
guidelines
  No   Provide
justification
for
excluding
mortgage,
notes, bonds
payable less
than 1 year
on business
tax returns.
  2/23/2026:
Received
CPA letter
verifying
there is a
LOC that
renews
annually.
  2/23/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $134,366.86 (33.70 months PITIA reserves) > min required of $0

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: CBR score of 777 exceeds the 620 required.

 


Deal
ID
  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
                                                                           
534   XXXXXX   XXXXXX   AL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   C   B   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit line usage ratio of 8.04%.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 201 months.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 97%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 791 is 171 points above minimum program requirement of 620.

                                                                           
535   XXXXXX   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                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal use of credit: Credit ratio 12.11%

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Credit report reflects no late payments in 178 month credit history reviewed

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Medium credit scores 779 exceed guidelines minimum of 620

                                                                           
537   XXXXXX   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                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 808. Minimum score required 620

 

CFCFS2854: Significant time in profession

- Clayton Comments: The borrower has been in the same profession for 21 years

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $31,348.44 or 7.91 months PITI reserves. No reserves required


Deal
ID
  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
                                                                           
539   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan
Approved
with
PIW;
Clayton
to order
BPO
review
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 789 fico score exceeds guidelines 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 39 % DTI max dti 45%

                                                                           
539   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan
Approved
with
PIW;
Clayton
to order
BPO
review
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 789 fico score exceeds guidelines 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 39 % DTI max dti 45%

                                                                           
541   XXXXXX   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                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 795 exceeds guidelines with a minimum credit score of 620.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Consumer credit history exceeds guidelines with no late payments within the past 5 years or more.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 30.41% is below guideline requirement with a max DTI of 45%.


Deal
ID
  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
                                                                           
542   XXXXXX   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                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 27.30% is below 45 % Guidelines maximum.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of 62,481.42 exceed $0.00 required.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 772 exceeds Guidelines minimum of 620.

                                                                           
544   XXXXXX   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                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing Assets- $89,453.24; reserves required $0.00

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified 34.44% DTI. Max allowed 45%.

                                                                           
548   XXXXXX   XXXXXX   NH   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 is 24.01%; guidelines allow up to 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 770 exceeds guideline minimum of 620


Deal
ID
  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
                                                                           
553   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $66,932.92 exceed $0.00 required.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 811 exceeds minimum required of 620.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 76.80% is below Guidelines maximum of 95%.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 22.39% is below Guidelines 45% maximum.

                                                                           
553   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $66,932.92 exceed $0.00 required.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 811 exceeds minimum required of 620.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 76.80% is below Guidelines maximum of 95%.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 22.39% is below Guidelines 45% maximum.

                                                                           
559   XXXXXX   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                                                              

CFCFS2854: Significant time in profession

- Clayton Comments: B1 13 years in profession

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 8 years at current job

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 732 fico score exceeds guidelines 620


Deal
ID
  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
                                                                           
561   XXXXXX   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: 17.9 years current job time

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 732 FICO is > min. requirement of 620

                                                                           
562   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Affiliate
Business
Disclosure
missing
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified credit score 706 exceeds guideline minimum of 620

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Verified 0X30 lates in the past 12 months.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $121,073.43 exceeds AUS requirement of $0.00

                                                                           
562   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   B   B   A   A   A   A   B   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
score is
>2.5.
Clayton to
order desk
review
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified credit score 706 exceeds guideline minimum of 620

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Verified 0X30 lates in the past 12 months.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $121,073.43 exceeds AUS requirement of $0.00


Deal
ID
  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
                                                                           
564   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA (or
CU) score
is >2.5.
Clayton to
order desk
review
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: CBR score of 712 exceeds the 620 required.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Current job since 11/01/2008.

                                                                           
565   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   C   B   A   A   A   A   C   B   Compliance   APR
Tolerance
  Active   B   B   B   B   CMPAPRT110   APR -
Insufficient
Information
for APR-
Payment
Stream
Testing
  No   APR -
Insufficient
Information
for APR-
Payment
Stream
Testing
  (No Data)   (No Data)   (No Data)   Not
Applicable
  (No Data)
                                                                           
565   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   C   B   A   A   A   A   C   B   Compliance   Documentation   Satisfied   C   A   C   A   CMPDOC5455   Mortgage
Insurance
required
but MI
Certificate
is missing
  No   Mortgage
insurance
for 80%
LTV
showing on
DU
approval,
MI
certificate
is missing
  2/23/2026:
Lender
rebuttal:
Loan was
originally
submitted at
$XXX, then
closed at
$XXX,
eliminating
MI
requirement.
Loan is
overqualified,
DU not re-
run.
  2/23/2026:
Exception
satisfied.
  Not
Applicable
  Not
Applicable
  (No Data)


Deal
ID
  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
                                                                           
565   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   C   B   A   A   A   A   C   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score
is >2.5.
Clayton
to order
desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
  (No Data)
                                                                           
569   XXXXXX   XXXXXX   HI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA (or
CU)
score is
>2.5.
Clayton
to order
desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 35.78 is less than the max of 45.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80 is less than the max of 95.

                                                                           
570   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 804 fico exceeds minimum 620 fico

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 6 years with current employer

 

CFCFS2860: Good credit history

- Clayton Comments: 0x30 no derogatory marks


Deal
ID
  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
                                                                           
570   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 804 fico exceeds minimum 620 fico

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 6 years with current employer

 

CFCFS2860: Good credit history

- Clayton Comments: 0x30 no derogatory marks

                                                                           
571   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   A   A   A   A   A   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
score 3.0.
Clayton
to order
desk
review.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 762 is 142 points above program minimum requirement of 620.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $11,824.07 or 2.24 PITIA.

                                                                           
573   XXXXXX   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                                                              

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession, 26 years.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $520,975.45 exceed guideline of $0 required reserves.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Positive mortgage payment history 0X30X65.


Deal
ID
  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
                                                                           
576   XXXXXX   XXXXXX   MI   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 78.81%. Max 95%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 770. Minimum score required 620.

 

CFCFS2854: Significant time in profession

- Clayton Comments: The borrower has been in the same profession over 30 years

                                                                           
585   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   B   B   D   B   A   A   D   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Please
provide
the
required
Affiliate
Business
Disclosure
or FACTs
document.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has significant time at current job with 10.1 years.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have significant time at current residence with 7.2 years.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Consumer credit history exceeds guidelines with no late payments within the past 5 years or more.

                                                                           
585   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   B   B   D   B   A   A   D   A   B   B   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan
Approved
with PIW.
Clayton to
order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  2/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has significant time at current job with 10.1 years.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have significant time at current residence with 7.2 years.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Consumer credit history exceeds guidelines with no late payments within the past 5 years or more.


Deal
ID
  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
                                                                           
585   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   B   B   D   B   A   A   D   A   B   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan
Approved
with
PIW.
Clayton
to order
BPO.
  2/18/2026:
BPO
provided
supports
appraised
value
  CDA
provided
supports
appraised
value.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has significant time at current job with 10.1 years.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have significant time at current residence with 7.2 years.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Consumer credit history exceeds guidelines with no late payments within the past 5 years or more.

                                                                           
586   XXXXXX   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                                                              

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30x62

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 5 years & 6 months at residence

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 85 points above guideline minimum of 620

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: B2 has 14 years & 11 months at current job

                                                                           
590   XXXXXX   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                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: Current employer since 3/31/2008.

 

CFCFS1745: Significant total monthly debt reduction

- Clayton Comments: Reducing outgo by approx $1,090.


Client Name:    PennyMac
Client Project Name:    PNMAC PMTLT 2026-CNF3 J16585
Conditions Report 2.0   
Loans in Report:    268
Loans with Conditions:    200

 

Deal
ID
  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
615   XXXXXX    XXXXXX    XXXXXX    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    No
592   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    C    B    D    B    A    A    D    A    C    B    Not Applicable
593   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    A    A    C    B    C    B    A    A    A    A    C    B    No
5   XXXXXX    XXXXXX    XXXXXX    D    A    D    A    D    A    D    A    D    A    D    A    A    A    D    A    Not Applicable
6   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    D    A    D    A    A    A    A    A    D    A    Not Applicable
8   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    D    A    D    B    A    A    D    B    D    A    No
9   XXXXXX    XXXXXX    XXXXXX    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    Not Applicable
12   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
13   XXXXXX    XXXXXX    XXXXXX    D    B    D    A    A    A    B    B    D    B    D    A    A    A    B    B    Not Applicable
14   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    No
15   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    A    A    D    A    D    A    A    A    A    A    D    A    Not Applicable
20   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
21   XXXXXX    XXXXXX    XXXXXX    D    A    D    A    A    A    A    A    D    A    D    A    A    A    A    A    Not Applicable
22   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    No
23   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    No
27   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    No
28   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
30   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    D    A    D    A    A    A    A    A    D    A    Not Applicable
31   XXXXXX    XXXXXX    XXXXXX    D    A    D    A    A    A    C    A    D    A    D    A    A    A    C    A    Not Applicable
32   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    No
33   XXXXXX    XXXXXX    XXXXXX    D    B    D    A    D    B    D    A    D    A    D    A    D    A    D    A    No
34   XXXXXX    XXXXXX    XXXXXX    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    Not Applicable
594   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    A    C    B    D    B    A    A    D    A    C    B    No
41   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
44   XXXXXX    XXXXXX    XXXXXX    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    Not Applicable
48   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
49   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    C    A    B    B    C    B    A    A    C    A    B    B    Not Applicable
51   XXXXXX    XXXXXX    XXXXXX    D    B    D    A    D    B    D    A    D    A    D    A    D    A    D    A    Not Applicable
52   XXXXXX    XXXXXX    XXXXXX    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    Not Applicable
53   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    No
54   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    A    A    D    A    D    A    A    A    A    A    D    A    Not Applicable
55   XXXXXX    XXXXXX    XXXXXX    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    Not Applicable
598   XXXXXX    XXXXXX    XXXXXX    D    A    C    A    D    A    A    A    D    A    C    A    D    A    A    A    Not Applicable
599   XXXXXX    XXXXXX    XXXXXX    D    B    D    A    D    B    D    A    D    A    D    A    D    A    D    A    No
60   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable

 


Deal
ID
  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
595   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    A    B    B    D    B    A    A    D    A    B    B    No
64   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
66   XXXXXX    XXXXXX    XXXXXX    D    B    B    B    D    B    A    A    D    B    B    B    D    A    A    A    Not Applicable
67   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    A    B    B    B    B    A    A    A    A    B    B    No
596   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    A    B    B    D    B    A    A    D    A    B    B    No
69   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
70   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
71   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    A    C    B    D    B    A    A    D    A    C    B    Not Applicable
79   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    C    B    D    B    A    A    D    A    C    B    No
80   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    A    C    B    C    B    A    A    A    A    C    B    No
82   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
83   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    C    B    A    A    A    A    A    A    A    A    A    A    Not Applicable
85   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
88   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
93   XXXXXX    XXXXXX    XXXXXX    D    C    A    A    D    C    A    A    C    C    A    A    C    C    A    A    Not Applicable
95   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
97   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
99   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
100   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
101   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    No
102   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    C    A    C    A    A    A    A    A    C    A    Not Applicable
103   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
106   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
107   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
108   XXXXXX    XXXXXX    XXXXXX    D    B    B    B    D    A    A    A    B    B    B    B    A    A    A    A    Not Applicable
109   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
111   XXXXXX    XXXXXX    XXXXXX    D    C    A    A    D    C    A    A    D    C    A    A    D    C    A    A    Not Applicable
113   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
114   XXXXXX    XXXXXX    XXXXXX    D    A    D    A    C    A    A    A    D    A    D    A    C    A    A    A    Not Applicable
119   XXXXXX    XXXXXX    XXXXXX    D    B    C    A    D    B    A    A    C    B    C    A    B    B    A    A    No
120   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
121   XXXXXX    XXXXXX    XXXXXX    D    A    D    A    D    A    A    A    D    A    D    A    A    A    A    A    Not Applicable
127   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    C    A    C    A    A    A    A    A    C    A    No
130   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    C    B    A    A    A    A    A    A    A    A    A    A    No
131   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    C    A    D    A    A    A    D    A    C    A    Not Applicable

 


Deal
ID
  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
132   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    C    B    A    A    A    A    A    A    A    A    A    A    Not Applicable
133   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    B    A    A    D    B    A    A    Not Applicable
141   XXXXXX    XXXXXX    XXXXXX    C    A    A    A    C    A    A    A    C    A    A    A    C    A    A    A    Not Applicable
142   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    A    B    B    B    B    A    A    A    A    B    B    Not Applicable
144   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    D    A    D    A    A    A    D    A    D    A    Not Applicable
148   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
151   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
152   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
155   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
163   XXXXXX    XXXXXX    XXXXXX    D    B    D    A    D    B    D    A    D    A    D    A    D    A    D    A    Not Applicable
165   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
166   XXXXXX    XXXXXX    XXXXXX    D    C    A    A    D    C    A    A    D    C    A    A    D    C    A    A    Not Applicable
169   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
170   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    No
174   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
175   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
177   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    A    C    B    C    B    A    A    A    A    C    B    Not Applicable
178   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
180   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
184   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
185   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
192   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
193   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    C    B    D    B    A    A    D    A    C    B    Not Applicable
195   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
201   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
204   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
208   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
209   XXXXXX    XXXXXX    XXXXXX    D    B    C    A    D    B    C    B    D    B    C    A    D    A    C    B    Not Applicable
213   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    C    A    D    A    A    A    D    A    C    A    Not Applicable
215   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    C    A    D    B    A    A    D    B    C    A    Yes
218   XXXXXX    XXXXXX    XXXXXX    D    A    C    A    D    A    A    A    C    A    C    A    A    A    A    A    No
220   XXXXXX    XXXXXX    XXXXXX    D    B    B    B    D    B    A    A    D    B    B    B    D    B    A    A    Not Applicable
221   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
224   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
225   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    C    B    A    A    A    A    A    A    A    A    A    A    Not Applicable

 


Deal
ID
  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
227   XXXXXX    XXXXXX    XXXXXX    D    B    B    B    D    A    A    A    B    B    B    B    A    A    A    A    Not Applicable
229   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    A    B    B    B    B    A    A    A    A    B    B    Not Applicable
600   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    D    A    A    A    D    A    A    A    No
232   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
235   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
236   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
597   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
245   XXXXXX    XXXXXX    XXXXXX    D    A    D    A    A    A    A    A    D    A    D    A    A    A    A    A    Not Applicable
246   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
247   XXXXXX    XXXXXX    XXXXXX    D    A    D    A    A    A    A    A    D    A    D    A    A    A    A    A    Not Applicable
248   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
249   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    D    A    D    A    A    A    D    A    D    A    Not Applicable
253   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    C    A    C    A    A    A    A    A    C    A    Not Applicable
255   XXXXXX    XXXXXX    XXXXXX    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    No
257   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
258   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
259   XXXXXX    XXXXXX    XXXXXX    D    B    C    A    D    B    A    A    D    A    C    A    D    A    A    A    Not Applicable
260   XXXXXX    XXXXXX    XXXXXX    D    B    D    A    D    A    C    B    D    B    D    A    A    A    C    B    No
262   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
263   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
264   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
266   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
267   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
269   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
270   XXXXXX    XXXXXX    XXXXXX    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    Not Applicable
273   XXXXXX    XXXXXX    XXXXXX    D    A    D    A    A    A    A    A    D    A    D    A    A    A    A    A    Not Applicable
277   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    C    B    D    B    A    A    D    A    C    B    Not Applicable
279   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
280   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
281   XXXXXX    XXXXXX    XXXXXX    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    Not Applicable
283   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
286   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
288   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
293   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
296   XXXXXX    XXXXXX    XXXXXX    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    Not Applicable

 


Deal
ID
  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
297   XXXXXX    XXXXXX    XXXXXX    D    B    C    B    D    A    A    A    D    B    C    B    D    A    A    A    Not Applicable
300   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    A    A    C    B    C    B    A    A    A    A    C    B    Not Applicable
302   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
304   XXXXXX    XXXXXX    XXXXXX    D    A    D    A    D    A    D    A    D    A    D    A    A    A    D    A    Not Applicable
306   XXXXXX    XXXXXX    XXXXXX    D    B    C    A    D    B    A    A    D    A    C    A    D    A    A    A    Not Applicable
308   XXXXXX    XXXXXX    XXXXXX    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    Not Applicable
310   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
311   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
312   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
317   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    C    B    D    B    A    A    D    A    C    B    Not Applicable
318   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    C    A    C    A    A    A    A    A    C    A    No
319   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
328   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    C    B    A    A    A    A    A    A    A    A    A    A    Not Applicable
329   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    No
330   XXXXXX    XXXXXX    XXXXXX    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    Not Applicable
331   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
340   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
341   XXXXXX    XXXXXX    XXXXXX    D    A    D    A    A    A    D    A    D    A    D    A    A    A    D    A    Not Applicable
343   XXXXXX    XXXXXX    XXXXXX    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    No
344   XXXXXX    XXXXXX    XXXXXX    D    A    D    A    D    A    A    A    D    A    D    A    A    A    A    A    No
345   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
348   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
351   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    A    A    C    B    C    B    A    A    A    A    C    B    No
352   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    No
353   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    No
358   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    A    A    C    B    C    B    A    A    A    A    C    B    No
361   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
363   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
364   XXXXXX    XXXXXX    XXXXXX    D    A    C    A    D    A    A    A    C    A    C    A    A    A    A    A    Not Applicable
365   XXXXXX    XXXXXX    XXXXXX    D    B    C    A    D    B    D    A    D    A    C    A    D    A    D    A    Not Applicable
369   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
372   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    No
373   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
378   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
380   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable

 


Deal
ID
  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
381   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    A    A    C    B    C    B    A    A    A    A    C    B    Not Applicable
382   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
383   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    C    B    A    A    A    A    A    A    A    A    A    A    No
384   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    B    B    D    B    A    A    D    A    B    B    Not Applicable
388   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    A    A    D    A    D    A    A    A    A    A    D    A    Not Applicable
390   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
393   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
394   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    No
396   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
397   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    No
398   XXXXXX    XXXXXX    XXXXXX    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    Not Applicable
400   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
401   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
404   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
406   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    C    B    B    B    B    B    A    A    A    A    B    B    Not Applicable
409   XXXXXX    XXXXXX    XXXXXX    D    B    C    A    D    B    C    A    D    A    C    A    D    A    C    A    Not Applicable
410   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    C    A    D    A    A    A    D    A    C    A    No
412   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    No
415   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
417   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
418   XXXXXX    XXXXXX    XXXXXX    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    Not Applicable
419   XXXXXX    XXXXXX    XXXXXX    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    Not Applicable
420   XXXXXX    XXXXXX    XXXXXX    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    Not Applicable
421   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    No
423   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
425   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
426   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    No
427   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    C    B    D    B    A    A    D    B    C    B    Not Applicable
429   XXXXXX    XXXXXX    XXXXXX    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    Not Applicable
430   XXXXXX    XXXXXX    XXXXXX    D    A    C    A    D    A    A    A    C    A    C    A    A    A    A    A    No
431   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    B    A    A    D    B    A    A    No
432   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    A    A    C    B    C    B    A    A    A    A    C    B    No
434   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    No
437   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
440   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable

 


Deal
ID
  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
441   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
445   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    No
448   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    A    A    C    B    C    B    A    A    A    A    C    B    Not Applicable
449   XXXXXX    XXXXXX    XXXXXX    C    B    C    A    A    A    B    B    C    B    C    A    A    A    B    B    Not Applicable
450   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    No
451   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    D    A    D    A    A    A    A    A    D    A    Not Applicable
453   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
455   XXXXXX    XXXXXX    XXXXXX    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    Not Applicable
456   XXXXXX    XXXXXX    XXXXXX    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    Not Applicable
457   XXXXXX    XXXXXX    XXXXXX    D    A    D    A    A    A    A    A    D    A    D    A    A    A    A    A    Not Applicable
458   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
460   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
461   XXXXXX    XXXXXX    XXXXXX    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    Not Applicable
466   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
470   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
471   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    A    A    C    B    C    B    A    A    A    A    C    B    No
474   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    No
478   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
481   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    A    A    D    A    D    A    A    A    A    A    D    A    Not Applicable
485   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    C    B    A    A    A    A    A    A    A    A    A    A    Not Applicable
486   XXXXXX    XXXXXX    XXXXXX    D    A    D    A    A    A    A    A    D    A    D    A    A    A    A    A    Not Applicable
487   XXXXXX    XXXXXX    XXXXXX    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    No
495   XXXXXX    XXXXXX    XXXXXX    D    B    C    A    D    B    A    A    D    A    C    A    D    A    A    A    Not Applicable
496   XXXXXX    XXXXXX    XXXXXX    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    Not Applicable
497   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
500   XXXXXX    XXXXXX    XXXXXX    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    Not Applicable
502   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
503   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    No
506   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
509   XXXXXX    XXXXXX    XXXXXX    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    Not Applicable
511   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
512   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    No
515   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    C    B    B    B    B    B    A    A    A    A    B    B    Not Applicable
519   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
521   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable

 


Deal
ID
  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
522   XXXXXX    XXXXXX    XXXXXX    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    Not Applicable
534   XXXXXX    XXXXXX    XXXXXX    C    B    A    A    C    B    A    A    A    A    A    A    A    A    A    A    Not Applicable
535   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
537   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
539   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
541   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
542   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
544   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
548   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
553   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
559   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
561   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
562   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    A    B    B    B    B    A    A    A    A    B    B    Not Applicable
564   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
565   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    A    C    B    C    B    A    A    A    A    C    B    No
569   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
570   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    A    A    D    A    A    A    D    A    A    A    Not Applicable
571   XXXXXX    XXXXXX    XXXXXX    D    A    A    A    D    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
573   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
576   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
585   XXXXXX    XXXXXX    XXXXXX    D    B    A    A    D    B    B    B    D    B    A    A    D    A    B    B    Not Applicable
586   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable
590   XXXXXX    XXXXXX    XXXXXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    Not Applicable