J.P. MORGAN ACCEPTANCE CORPORATION II ABS-15G
Exhibit 99.12
| Loan ID | Customer Loan ID | Seller Loan ID | Note Date | Original Loan Amount | Last Name | Property State | Occupancy | Purpose | Originator QM Status | TPR QM Status | Exception ID | Exception Number | Exception Date | Exception Type | Exception Subcategory | Exception | Exception Remedy | Rebuttal | TPR Response | Compensating Factors | Status Update Date | Finding Status | Initial Exception Grade | Final Exception Grade | Initial Loan Grade | Final Loan Grade |
| XXXXXX | 304849324 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | CO | Primary Residence | Purchase | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXXXX | 1 of 3 | 2025-10-13 15:46 | Compliance | PUD Rider is Missing | PUD Rider is missing. Per the appraisal, the property is located in a PUD, no PUD rider was provided and the PUD rider box on the Mortgage is not checked. |
Please find attached. Mortgage has been recorded with PUD Rider - 11/21/2025 |
Received DOT with all riders - 11/24/2025 Please find attached. Mortgage has been recorded with PUD Rider - 11/21/2025 |
2025-11-24 15:08 | Resolved | 3 | 1 | 3 | 1 | ||
| XXXXXX | 304849324 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | CO | Primary Residence | Purchase | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXXXX | 2 of 3 | 2025-10-13 16:13 | Credit | Assets - Insufficient Cash to Close or Reserves | Liquid Funds Post-Close of '$XXXXXX, are less than $0. Borrower(s) total verified assets are insufficient for cash to close or reserves. The verified assets in the loan file are business assets from the borrower's business, there is a letter in the file from the bank stating the borrower is the Authorized Owner of the account; however, per the business tax returns in file, the borrower is only 20% owner, reduced available assets by 80% since there is no access letter from the other owners granting the borrower 100% access. Also, the $XXXXXX XXXXXX is not verified as cleared. |
This closed as a XXXXXX which doesn't require reserves except according to AUS findings in this case the findings did not call for any reserves. As for the business assets its nothing in the XXXXXX guides that states all owners would need to sign a letter giving access. If it is not specifically in the XXXXXX guides we fall back on agencies guides. In this case XXXXXX findings were used. for business assets the requirements per below were met. As mentioned in the correspondence we have verification borrower is owner of the account but fannie does not require anything from other owners The XXXXXX was verified $XXXXXX on XXXXXX & $XXXXXX on XXXXXX - statements are in file. - 10/21/2025 |
resolved by waterfall requirements - 10/23/2025 This closed as a XXXXXX which doesn't require reserves except according to AUS findings in this case the findings did not call for any reserves. As for the business assets its nothing in the XXXXXX guides that states all owners would need to sign a letter giving access. If it is not specifically in the XXXXXX guides we fall back on agencies guides. In this case XXXXXX findings were used. for business assets the requirements per below were met. As mentioned in the correspondence we have verification borrower is owner of the account but XXXXXX does not require anything from other owners The emd was verified $XXXXXX on XXXXXX & $XXXXXX on XXXXXX - statements are in file. - 10/21/2025 |
2025-10-23 17:31 | Resolved | 3 | 1 | 3 | 1 | ||
| XXXXXX | 304849324 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | CO | Primary Residence | Purchase | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXXXX | 3 of 3 | 2025-10-13 16:22 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. |
2025-10-13 16:22 | Cleared | 1 | 1 | 3 | 1 | ||||
| XXXXXX | 304819359 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | VA | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXXXX | 1 of 2 | 2025-09-24 19:44 | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. Unable to locate an acceptable 3rd party valuation product, the CU score is 2.6. |
Please see attached. - 10/06/2025 |
Received a satisfactory XXXXXX and an AVM. - 10/07/2025 Please see attached. - 10/06/2025 |
2025-10-07 18:17 | Resolved | 3 | 1 | 3 | 1 | ||
| XXXXXX | 304819359 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | VA | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXXXX | 2 of 2 | 2025-09-24 21:17 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. |
2025-09-24 21:17 | Cleared | 1 | 1 | 3 | 1 | ||||
| XXXXXX | 304822448 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | NJ | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXXXX | 1 of 3 | 2025-09-19 10:09 | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. Unable to locate an acceptable 3rd party valuation product in the loan file. CU score is 2.9. |
AVM - 09/29/2025 The program is XXXXXX, CDA not required for it, please refer to XXXXXX guidelines - 09/25/2025 |
Documentation provided is sufficient. - 09/30/2025 AVM - 09/29/2025 XXXXXX requires 3rd party valuation for all 1st liens. - 09/26/2025 The program is XXXXXX, CDA not required for it, please refer to XXXXXX guidelines - 09/25/2025 |
2025-09-30 13:05 | Resolved | 3 | 1 | 3 | 1 | ||
| XXXXXX | 304822448 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | NJ | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXXXX | 2 of 3 | 2025-09-23 15:50 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |
2025-09-23 15:50 | Cleared | 1 | 1 | 3 | 1 | ||||
| XXXXXX | 304822448 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | NJ | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXXXX | 3 of 3 | 2025-09-23 18:25 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. |
2025-09-23 18:25 | Cleared | 1 | 1 | 3 | 1 | ||||
| XXXXXX | 304820255 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | CA | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXXXX | 1 of 4 | 2025-09-24 17:11 | Credit | Evidence of Property Tax Missing | Missing evidence of property tax. Unable to locate a property tax estimate sheet. |
see attached - 10/20/2025 |
Documentation provided is sufficient. - 10/22/2025 see attached - 10/20/2025 |
2025-10-22 13:36 | Resolved | 3 | 1 | 3 | 1 | ||
| XXXXXX | 304820255 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | CA | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXXXX | 2 of 4 | 2025-09-24 17:57 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. |
2025-09-24 17:57 | Cleared | 1 | 1 | 3 | 1 | ||||
| XXXXXX | 304820255 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | CA | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXXXX | 3 of 4 | 2025-09-24 18:04 | Credit | Assets - Authorization Access for Joint Account | The file does not contain authorization access for funds from joint account holder. Borrower 2 is an account holder with another person on XXXXXX accounts #XXXXXX and #XXXXXX, unable to locate an access letter from XXXXXX granting the borrower 100% access to the accounts. |
see attached - 10/20/2025 |
XXXXXX does not require. - 10/22/2025 see attached - 10/20/2025 |
2025-10-22 13:41 | Void | 3 | 3 | 1 | |||
| XXXXXX | 304820255 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | CA | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXXXX | 4 of 4 | 2025-09-24 19:15 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. |
2025-09-24 19:15 | Cleared | 1 | 1 | 3 | 1 |