Exhibit 99.01 Schedule 2
| SitusAMC Loan ID | Customer Loan ID | Seller Loan ID | Investor Loan Number | Loan Exception ID | Exception ID | Exception Date | Exception Type | Exception Category | Exception Subcategory | 15E Category | Exception | Exception Detail | Exception Information | Compensating Factors | Compensating Factor Information | Applying Party | Follow-up Comments | Cleared Date | Cured Date | Waived Date | Exception Level Grade | DBRS Initial Exception Rating | DBRS Final Exception Rating | Fitch Initial Exception Rating | Fitch Final Exception Rating | Kroll Initial Exception Rating | Kroll Final Exception Rating | Moody's Initial Exception Rating | Moody's Final Exception Rating | S&P Initial Exception Rating | S&P Final Exception Rating | Note Date | Property State | Occupancy | Purpose | Exception Remediation | Overall Initial Loan Grade |
Overall Final Loan Grade |
Credit Initial Loan Grade |
Credit Final Loan Grade |
Compliance Initial Loan Grade |
Compliance Final Loan Grade |
Property Initial Loan Grade |
Property Final Loan Grade |
Originator QM ATR Status | TPR QM ATR Status | Is Curable |
| XXXXX | 4000004371 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | XXXX - XXXX : XXXX provided onXXXX disclosed an inaccurate XXXX that does not match the XXXX for the loan (fee amounts included in TOP calculation are based on Closing Disclosure XXXX ). | XXXX Calculated XXXX XXXX | Reviewer Comment (2022-08-02): XXXX received Letter of Explanation, Proof of
Delivery, Refund check for underdisclosed equivalent amountXXXX Seller Comment (2022-07-29): SEE XXXX Reviewer Comment (2022-07-29): XXXX received a detailed XXXX explaining XXXX . Still missing copy of (XXXX ) of the cure XXXX to borrower to finalize. Seller Comment (2022-07-27): Please see attached. Reviewer Comment (2022-07-19): XXXX received copy of check forXXXX , LOE to borrower and email stating check sent overnight. ToXXXX the cure of this XXXX , must provide either a Corrected CD or a more specific detailed LOE to borrower explaining the violation (TOP) and cure requirements and must be provided with proof of mailing (XXXX ) of the refund check and package. Seller Comment (2022-07-15): See XXXX and XXXX . XXXX Reviewer Comment (2022-07-07): Per XXXX , the XXXX is calculated based on the fees on the XXXX CD and compared to the TOP disclosed on the final CD dated XXXX . XXXX increased on the XXXX . TOP underdisclosed by -XXXX . Seller Comment (2022-07-05): Hello, the Maven report pg XXXX shows all the total of payments PASS. Would this suffice? |
08/02/2022 | 2 | C | B | C | B | C | B | C | B | C | B | NV | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000019381 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: verification of Identification not provided | Reviewer Comment (2023-10-27): Received Passport. Hence
exception cleared. Seller Comment (2023-10-27): Comment from XXXX (XXXX ): see attached |
10/27/2023 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000019381 | XXXXX | XXXXX | Credit | Guideline | Guideline Issue | Guideline | verification of housing pay history is required. | Current primary residence is free and clear. No documentation provided. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at leastXXXX months. Borrowers made a down payment from their own funds on this purchase transaction of at leastXXXX andXXXX The representative FICO score exceeds the guideline minimum by at least v points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2023-10-25): Lender exception provided.
Client elects to waive/regrade with compensating factors. |
10/25/2023 | 2 | B | B | B | B | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||||
| XXXXX | 4000030473 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance for the subject property is required and must equal at least XXXX months of local average monthly rents . | Reviewer Comment (2024-03-20): Received, Clearing. Seller Comment (2024-03-20): Comment from XXXX (XXXX ): rent loss |
03/20/2024 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000030473 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Vacant properties not eligible for Refinance. Lease agreement not provided. | Reviewer Comment (2024-03-26): Loan being qualified as
short term rental. XXXX provided Seller Comment (2024-03-25): Comment from XXXX (XXXX ): supporting documentation Reviewer Comment (2024-03-20): Per guidelines for short term rental: XXXX - XXXX - XXXX - Acceptable with XXXX evidence of receipt via Service Provider payment receipt history or bank statement deposits - XXXX % of market rent will be used as income if it is supported by the XXXX average - Requires property ownership report and proof of property listing on Website - Income limited to XXXX % of market rents schedule for long term tenancy - Not permitted on primary residence SFRs Buyer Comment (2024-03-20): Comment from XXXX (XXXX ): there is no lease because it's a vacation rental property. Page 1 of 6 of the appraisal report confirms "The house is being used as a vacation rental." |
03/26/2024 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000030473 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Minimum XXXX DSCR for short term rentals per XXXX guidelines | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | SitusAMC | Reviewer Comment (2024-04-12): Client elects to
waive/regrade with compensating factors. Lender exception provided. |
04/12/2024 | 2 | B | B | B | B | B | AZ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||||
| XXXXX | 4000030473 | XXXXX | XXXXX | Credit | Guideline | Guideline Issue | Guideline | Ineligible Property Type per the guidelines. | Log homes are an ineligible property type per guidelines | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | SitusAMC | Reviewer Comment (2024-04-01): Client elects to
waive/regrade. |
04/01/2024 | 2 | B | B | B | B | B | AZ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||||
| XXXXX | 4000074433 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Exception for non-warrantable condo XXXX LTV. Approved with XXXX months of reserves, well qualified borrower. | Borrower has verified disposable income of at least $XXXX Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-05-29): Client elected to
waive/regrade with compensating factors. Lender exception provided. |
05/29/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NV | Investment | Purchase | B | B | B | B | A | A | A | A | N/A | N/A | No | |||||||||
| XXXXX | 4000082663 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-08-04): Clearing based on review
coming back within tolerances. |
08/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000086035 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-08-06): Clearing based on review
coming back within tolerances. |
08/06/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000083667 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-08-11): Clearing based on review
coming back within tolerances. |
08/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000083667 | XXXXX | XXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $XXXX . Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $XXXX . The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-09-08): LOE of no claims or damage
received. Seller Comment (2025-09-08): Comment from XXXX (XXXX ): Proc Cert attached Reviewer Comment (2025-08-28): XXXX is a wet state so coverage on a purchase would be from note signing. We would need a policy update or a letter from the insurer of no damage to resolve. Buyer Comment (2025-08-28): Comment from XXXX (XXXX ): For a home purchase, the insurance effective date is the date of disbursement (funding), not the closing date. This is because you don't officially own the home until the lender sends the funds to the title or escrow company. The closing date is when you sign the documents, which can occur one or more business days before the actual disbursement of funds. Reviewer Comment (2025-08-26): The loan closed onXXXX , requires policy dated XXXX Seller Comment (2025-08-26): Comment from XXXX (XXXX ): Loan disbursed XXXX See attached |
09/08/2025 | 2 | C | B | C | B | C | B | C | B | C | B | TX | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000086432 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-08-12): Accepted as is. |
08/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000086432 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% +XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. | APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, orXXXX%. Non-Compliant Higher Priced Mortgage Loan. | Reviewer Comment (2025-08-14): Receipt doc provided.
Cleared |
08/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000086432 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | TIL Higher Priced Mortgage Loan Safe Harbor Test | TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. | Safe Harbor requirements not satisfied. | Reviewer Comment (2025-08-12): Accepted as is. |
08/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000086432 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-08-14): Receipt doc provided.
Cleared Seller Comment (2025-08-14): Comment from XXXX (XXXX): Please see attached email indicating appraisal was sent on XXXX |
08/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000086432 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt | Reviewer Comment (2025-08-12): Accepted as is. |
08/12/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000086432 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | XXXX Subprime Loan: Counseling Disclosure not provided to borrower. | Counseling Disclosure not provided to borrower. | Reviewer Comment (2025-08-12): Accepted as is. |
08/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000086432 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) New York Subprime Loan (Provision Increasing Rate After Default) | XXXX Subprime Loan: Mortgage loan contains a provision that increases interest rate after default. | Mortgage loan contains a provision that increases interest rate after default. | Reviewer Comment (2025-08-12): Accepted as is. |
08/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation, modification of loan terms to remove the provision to increase the interest rate after default and proof of mailing. | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000086432 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) New York Subprime Loan (Escrow Not Established) | XXXX Subprime Loan: Mandatory escrow account not established for the collection of property taxes and insurance. (Note: Does not apply to a subordinate lien when the taxes and insurance are escrowed through another home loan. It also does not apply if the borrower can demonstrate a record of XXXXmonths of timely payments of taxes and insurance on a previous home loan.) | Mandatory escrow account not established for the collection of property taxes and insurance. (Note: Does not apply to a subordinate lien when the taxes and insurance are escrowed through another home loan. It also does not apply if the borrower can demonstrate a record of XXXX months of timely payments of taxes and insurance on a previous home loan.) | Reviewer Comment (2025-08-12): Accepted as is. |
08/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000086432 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | XXXX Subprime Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX + XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | APR on subject loan of XXXX % or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX + XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | Reviewer Comment (2025-08-12): Accepted as is. |
08/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000084542 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Verification of Identification not provided | Verification of Identification is missing. | Reviewer Comment (2025-08-15): Received Patriot Act
Customer Identification. Exception cleared. Seller Comment (2025-08-15): Comment from XXXX (XXXX ): ID verified by 3rd party title |
08/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000084542 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Guarantor's Agreement is missing. | Reviewer Comment (2025-08-19): Clearing as personally
signed the note as well. Buyer Comment (2025-08-19): Comment from XXXX (XXXX ): Per the underwriter a guarantor agreement is not required since the Note already implies that the credit-qualifying borrower would assume responsibility of the loan if the LLC ceases to operate. Can you please cite the guide requirement so i can get this back in front of our underwriter? |
08/19/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000084216 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance for the subject property is required and must equal at leastXXXX months PITIA for the subject property. | Reviewer Comment (2025-09-04): Received, Clearing. Seller Comment (2025-09-04): Comment from XXXX (XXXX ): Updated Insurance showing rent loss coverage |
09/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000084216 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good Standing, dated within XXXX days of closing was missing in file. | Reviewer Comment (2025-09-04): Received Certificate of
Good Standing. Exception cleared. Seller Comment (2025-09-04): Comment from XXXX (XXXX ): Certificate of Status/Good Standing was not originally uploaded with the original credit package. Attached is the missing document |
09/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000083739 | XXXXX | XXXXX | Credit | Investment Product | General | Investment Product | REO property does not have a lease in place and required by guidelines. | - | Vacant properties not eligible for Refinance with exception of properties currently vacant due to the subject property having undergone recent renovation or rehab, with the intention of being rented out soon. Support of this must be provided via the appraiser confirming recent work completed and providing visual evidence. In scenarios like this, market rent from the 1007 schedule in the property appraisal may be used to qualify | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-09-24): Client exception
received. Seller Comment (2025-09-24): Comment from XXXX (XXXX ): XXXX provided exception for this Reviewer Comment (2025-09-17): Exceptions are requested through the buyers portal. Seller Comment (2025-09-17): Comment from XXXX (XXXX ): High FICO XXXX , over 12 months reserves, No late payments, Strong history of investment property management, Low LTV XXXX Loan is a refinance of a purchase DSCR transaction delivered to XXXX in which RATE identified an issue with the LLC ownership and the borrower. Rate and XXXX agreed that a refinance to correct the LLC ownership/borrower issue would be amenable; however, as a refinance, vacant properties aren't allowed, something that wouldn't have been an issue with the original transaction. The property does have a use and occupancy agreement between original seller and buyer. Furthermore subject gross rental for the current refi transaction was qualified with the lesser amt from the use and occupancy agreement vs the higher 1007 amt. The property is not truly vacant and the more conservative calc was used. |
09/24/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NJ | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000088482 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-09-03): Accepted as is. |
09/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Second Home | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000088482 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXXplus XXXX% or $XXXX. Insufficient or no cure was provided to the borrower. | Insufficient cure was provided to the borrower. | Reviewer Comment (2025-10-23): XXXX Received Letter of Explanation, Proof of Delivery,
Copy of Refund Check, and Corrected CD. Seller Comment (2025-10-22): Comment from XXXX (XXXX): Please see check and label Reviewer Comment (2025-10-16): XXXX received corrected Closing disclosure and LOE. However, the copy of refund check and mailing label to borrower was not located in trailing documents. Please provide copy of refund check and mailing label to borrower to complete remediation. Seller Comment (2025-10-15): Comment from XXXX (XXXX): Please find the attached PCD dated XXXX for your reference. We have added a $XXXX cure and attached LOE to the document. Once we have receive a copy of the cure check and shipping label, I will upload it here Reviewer Comment (2025-10-09): XXXX received rebuttal that XXXX uses XXXX for services. XXXXis not an affiliate of lender per Affiliates list and title fees disclosed in Section B are testing at XXXX%. Baseline fees total $XXXX and include all title fees onXXXX LE and Final CD of these fees totaled $XXXX with increase of $XXXX. No valid changed circumstance for fee increases on title fees. Cure amount $XXXX. Corrected CD, LOE to borrower, copy of cure refund of $XXXX and proof of mailing. Seller Comment (2025-10-08): Comment from XXXX (XXXX): XXXX uses XXXX for their services and fee disclosures Reviewer Comment (2025-09-24): XXXX received LOX for rebuttal response. However, there seems to be no supporting affiliated document in the loan file for the BSS affiliated title partner with XXXX. Moreover, lender (XXXX) has only affiliated business with XXXX Title and was not title partner with XXXX. Hence, the Title fees are calculated under 10% tolerance. Refund cure of $XXXX with cure documents required to borrower. Seller Comment (2025-09-22): Comment from XXXX (XXXX): Please see attached Reviewer Comment (2025-09-15): XXXX received LOX for rebuttal comment. However, Endorsement fee, Lender's title insurance fee and notice of settlement fee added and CPL fee increased on revised LE dated XXXXwithout VCCs. Moreover, the fees are payable to XXXX same as selected from SSPL provider list and XXXX does not affiliated business with XXXX. per affiliated business document provided in the loan file. Also, the fees are disclosed is in section B under borrower cannot shopped for service section. hence the fees were calculated under XXXX% tolerance and exceeds of XXXX over XXXX% tolerance. Provide valid COC for the fee added and increased or cure would be due to borrower. Seller Comment (2025-09-11): Comment from XXXX (XXXX): Please see attached loe |
10/23/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NJ | Second Home | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000089054 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | Employer Identification Number (EIN) is missing. | Reviewer Comment (2025-09-09): Received Employer
Identification Number. Exception cleared. Seller Comment (2025-09-09): Comment from XXXX XXXX : EIN Letter |
09/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000089054 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent Loss Insurance for the subject property is required and must equal at least (XXXX ) months of local average monthly rents. Evidence of Property Insurance in file reflects see policy. Policy containing rent loss amount is missing. | Reviewer Comment (2025-09-16): Received, Clearing. Seller Comment (2025-09-15): Comment from XXXX XXXX : HOI Policy showing Rent loss coverage |
09/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000089054 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Lease is missing. | Reviewer Comment (2025-09-09): Received Lease Agreement.
Exception cleared. Seller Comment (2025-09-09): Comment from XXXX XXXX : Lease Agreement |
09/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000089054 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | There is no lease in place for the subject property and the absence of this document casts doubt on business purpose of loan. | Loan is not eligible for a cash out refinance due to the property being vacant. | Reviewer Comment (2025-09-10): Received Lease Agreement.
Exception cleared. Seller Comment (2025-09-09): Comment from XXXX XXXX : Lease Agreement |
09/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000088013 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | The file was missing a copy of Final 1003 | Reviewer Comment (2025-09-18): Received, Clearing. Seller Comment (2025-09-18): Comment from XXXX (XXXX): attached |
09/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000088013 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | The file was missing a copy of HUD/CD. | Reviewer Comment (2025-09-16): Received, Clearing. Seller Comment (2025-09-16): Comment from XXXX (XXXX): HUD |
09/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000088013 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: Occupancy Certificate not provided | The file was missing a copy of Occupancy Certificate. | Reviewer Comment (2025-09-16): Received, Clearing. Seller Comment (2025-09-16): Comment from XXXX (XXXX): occupancy cert |
09/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000088013 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Reviewer Comment (2025-09-16): Received, Clearing. Seller Comment (2025-09-16): Comment from XXXX (XXXX): guaranty |
09/16/2025 | 1 | D | A | D | A | D | A | D | A | D | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000088013 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Reviewer Comment (2025-09-16): Received, Clearing. Seller Comment (2025-09-16): Comment from XXXX (XXXX): mortgage |
09/16/2025 | 1 | D | A | D | A | D | A | D | A | D | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000088013 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX | Reviewer Comment (2025-09-16): Received, Clearing. Seller Comment (2025-09-16): Comment from XXXX (XXXX): hoi |
09/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000089357 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-09-12): Accepted as is. |
09/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | PA | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000088019 | XXXXX | XXXXX | Property | Collateral | General | Collateral | Appraiser has disciplinary action with an end date within a year of appraisal effective date. | - Valuation Effective Date: ___ ___ from: ___ to: ___ |
Appraisal / Valuation Report Date:XXXX: Appraiser has disciplinary action with a start date within a year of appraisal effective date. | Reviewer Comment (2025-09-12): Accepted as is. |
09/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Purchase | C | B | C | A | B | B | N/A | No | |||||||||||||
| XXXXX | 4000088019 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | Credit Application incomplete. | Reviewer Comment (2025-09-18): Received, Clearing. Seller Comment (2025-09-18): Comment from XXXX (XXXX): attached |
09/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | B | C | A | B | B | N/A | No | ||||||||||||||
| XXXXX | 4000088570 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | Massachusetts HPML Threshold Test Compliant | Massachusetts Higher-Priced Mortgage Loan: APR on subject loan of XXXX % or Final Disclosure APR of XXXX % is equal to or greater than the threshold of APOR XXXX % + XXXX %, or XXXX % Compliant Higher Priced Loan. | Reviewer Comment (2025-09-15): Accepted as is. |
09/15/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MA | Primary | Purchase | No obvious cure | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000091634 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent Loss coverage is missing. | Reviewer Comment (2025-09-25): Received, Clearing. Seller Comment (2025-09-25): Comment from XXXX (XXXX): attached |
09/25/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000084504 | XXXXX | XXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date XXXX 5. | Reviewer Comment (2025-09-25): Received, Clearing. Seller Comment (2025-09-25): Comment from XXXX (XXXX ): updated HOI |
09/25/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000092024 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | The file is missing a copy of the Fraud report. | Reviewer Comment (2025-09-23): Received Fraud report.
Exception cleared. Seller Comment (2025-09-23): Comment from XXXX (XXXX): Fraud Report |
09/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Non QM | N/A | No | |||||||||||
| XXXXX | 4000092024 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Rental agreement missing for the REO "XXXX". | Reviewer Comment (2025-10-09): Received, Clearing. Seller Comment (2025-10-09): Comment from XXXX (XXXX): Please see attached. Reviewer Comment (2025-09-29): Property not listed on Sch E provided. Please provide lease agreement. Exception remains. Seller Comment (2025-09-29): Comment from XXXX (XXXX): XXXX on Schedule E. It is on the CPAs breakdown for the properties listed under the disregarded entity. CPA Letter and supporting documents have been uploaded. Reviewer Comment (2025-09-24): This property is not listed on the schedule E. Please provide lease agreement. Exception remains. Buyer Comment (2025-09-24): Comment from XXXX (XXXX): Rental income was documented on tax returns for this property. Please waive condition Reviewer Comment (2025-09-23): Received Incomplete Lease. Provide copy of complete lease agreement. Exception remains. Seller Comment (2025-09-23): Comment from XXXX (XXXX): lease agreement |
10/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Non QM | N/A | No | ||||||||||
| XXXXX | 4000092024 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Zero Percent Fee Tolerance exceeded for Appraisal Fee. Sufficient cure has been provided at closing. | Reviewer Comment (2025-09-22): Sufficient Cure Provided At
Closing |
09/22/2025 | 1 | A | A | A | A | A | A | A | A | A | A | MI | Investment | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | C | B | A | A | A | A | Non QM | N/A | Yes | |||||||||
| XXXXX | 4000092024 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX Sufficient or excess cure was provided to the borrower at Closing. | Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Sufficient cure has been provided at closing. | Reviewer Comment (2025-09-22): Sufficient Cure Provided At
Closing |
09/22/2025 | 1 | A | A | A | A | A | A | A | A | A | A | MI | Investment | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | C | B | A | A | A | A | Non QM | N/A | Yes | |||||||||
| XXXXX | 4000092024 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Service Charges. Fee Amount of $XXXXexceeds tolerance of $XXXX Sufficient or excess cure was provided to the borrower at Closing. | Zero Percent Fee Tolerance exceeded for Title - Service Charges. Sufficient cure has been provided at closing. | Reviewer Comment (2025-09-22): Sufficient Cure Provided At
Closing |
09/22/2025 | 1 | A | A | A | A | A | A | A | A | A | A | MI | Investment | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | C | B | A | A | A | A | Non QM | N/A | Yes | |||||||||
| XXXXX | 4000092024 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Closing Protection Letter Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX Sufficient or excess cure was provided to the borrower at Closing. | Zero Percent Fee Tolerance exceeded for Title - Closing Protection Letter Fee. Sufficient cure has been provided at closing. | Reviewer Comment (2025-09-22): Sufficient Cure Provided At
Closing |
09/22/2025 | 1 | A | A | A | A | A | A | A | A | A | A | MI | Investment | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | C | B | A | A | A | A | Non QM | N/A | Yes | |||||||||
| XXXXX | 4000092024 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Lender's Title Insurance. Fee Amount of $XXXX exceeds tolerance of $XXXX Sufficient or excess cure was provided to the borrower at Closing. | Zero Percent Fee Tolerance exceeded for Title - Lender's Title Insurance. Sufficient cure has been provided at closing. | Reviewer Comment (2025-09-22): Sufficient Cure Provided At
Closing |
09/22/2025 | 1 | A | A | A | A | A | A | A | A | A | A | MI | Investment | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | C | B | A | A | A | A | Non QM | N/A | Yes | |||||||||
| XXXXX | 4000092024 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception in file for request to use the purchase appraisal for technical issues. Compensating factors include DTI of XXXX%, XXXX credit score ,XXXX%LTV, property appraised for $XXXXmore than purchase price and XXXXmonths of reserves. | Borrower has been employed in the same industry for more than 5
years. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-09-22): Client elects to
waive/regrade with compensating factors. |
09/22/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MI | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Non QM | N/A | No | |||||||||
| XXXXX | 4000092069 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Reviewer Comment (2025-11-07): Provided. Cleared. Seller Comment (2025-11-07): Comment from XXXX (XXXX):XXXX: Please see attached. |
11/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000092069 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Reviewer Comment (2025-11-07): Provided. Cleared. Seller Comment (2025-11-07): Comment from XXXX (XXXX): XXXX: Please see attached. |
11/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000092069 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | Reviewer Comment (2025-11-07): Provided. Cleared. Seller Comment (2025-11-07): Comment from XXXX (XXXX): XXXX: Please see attached. |
11/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000092069 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Reviewer Comment (2025-11-07): Provided. Cleared. Seller Comment (2025-11-07): Comment from XXXX (XXXX): XXXX: Please see attached. |
11/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000092069 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of good standing is missing. | Reviewer Comment (2025-11-07): Provided. Cleared. Seller Comment (2025-11-07): Comment from XXXX (XXXX): XXXX: Please see attached. |
11/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000092069 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The loan is in the name of the LLC, and the note is signed individually. Provide corrected note signed in the name of the LLC and the borrower. | Reviewer Comment (2025-12-08): Received, Clearing. |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000092069 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The security instrument was not signed in the name of the LLC and individually. Provide corrected security instrument. | Reviewer Comment (2025-12-08): Received, Clearing. Seller Comment (2025-12-08): Comment from XXXX (XXXX): XXXX Please see attached Mortgage and Note that were signed with LLC verbiage |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000088698 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-09-26): Cleared based on review
coming back within tolerances |
09/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | N/A | No | ||||||||||||
| XXXXX | 4000088698 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | Reviewer Comment (2025-10-08): Lender exception approved
to use post closing VVOE. Exception cleared Seller Comment (2025-10-08): Comment from XXXX (XXXX): attached Reviewer Comment (2025-10-01): VVOE received is dated post closing. Provide the VVOE performed at origination within 10 days of closing Seller Comment (2025-10-01): Comment from Comment from XXXX (XXXX): XXXX: Please see attached. (XXXX): attached |
10/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000088698 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception to use post closing VVOE. | Borrower has verified disposable income of at least $2500.00. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-10-08): Lender exception
approved |
10/08/2025 | 2 | B | B | B | B | B | PA | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | N/A | No | ||||||||||||||
| XXXXX | 4000093900 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-09-30): Cleared based on review
coming back within tolerances |
09/30/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000087011 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-09-30): Sufficient Cure Provided At
Closing |
09/30/2025 | 1 | A | A | A | A | A | A | A | A | A | A | MA | Second Home | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000090203 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Reviewer Comment (2025-09-30): Cleared with Articles of
Organization. Seller Comment (2025-09-30): Comment from XXXX (XXXX): Articles |
09/30/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000090203 | XXXXX | XXXXX | Credit | Investment Product | General | Investment Product | REO property does not have a lease in place and required by guidelines. | - | Reviewer Comment (2025-10-17): Received Lease Agreement.
Exception cleared. Seller Comment (2025-10-16): Comment from XXXX (XXXX): See Attached |
10/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000090203 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The appraisal does not show the property is Tenant Occupied or Vacant and thus casts doubt on the business purpose of the loan. | Reviewer Comment (2025-10-02): Updated 1004 showing
Tenant-occupied, exception cleared Seller Comment (2025-10-02): Comment from XXXX (XXXX): Appraisal |
10/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000089848 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-10-02): Received, Clearing. Seller Comment (2025-10-02): Comment from XXXX (XXXX): Insurance |
10/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000089848 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived the right to receive a copy of appraisal (3) business days prior to consummation. | Reviewer Comment (2025-09-30): Accepted as is per
client. |
09/30/2025 | 2 | B | B | B | B | B | B | B | B | B | B | IL | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000095593 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-10-01): Cleared based on review
coming back within tolerances |
10/01/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||||
| XXXXX | 4000095593 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Appraisal Delivery Status document in file reflects Appraisal sent on XXXX | Reviewer Comment (2025-10-01): Client elects to waive |
10/01/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000089452 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report is missing. | Reviewer Comment (2025-10-07): Received, Clearing. Seller Comment (2025-10-07): Comment from XXXX (XXXX): Fraud Report |
10/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000089452 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Verification of Identification not provided | Verification of Identification is missing. | Reviewer Comment (2025-10-07): Received, Clearing. Seller Comment (2025-10-07): Comment from XXXX (XXXX): Pat Act |
10/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000089453 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report is missing. | Reviewer Comment (2025-10-03): Received, Clearing. Seller Comment (2025-10-03): Comment from XXXX (XXXX): Fraud Report |
10/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000089451 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report is missing. | Reviewer Comment (2025-10-06): Received Fraud Report.
Exception cleared Seller Comment (2025-10-06): Comment from XXXX (XXXX): Fraud Report |
10/06/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000092689 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-10-03): Clearing based on review
coming back within tolerances. |
10/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000092689 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Preliminary Title Report does not list coverage amount. | Reviewer Comment (2025-10-03): Accepted as is. |
10/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000092689 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Articles of Organization/Formation is missing. | Reviewer Comment (2025-10-04): Received, Clearing. Seller Comment (2025-10-03): Comment from XXXX (XXXX): See attached |
10/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000092689 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing. | Reviewer Comment (2025-10-04): Received, Clearing. Buyer Comment (2025-10-03): Comment from XXXX (XXXX): See previous upload |
10/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000092689 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good Standing is missing. | Reviewer Comment (2025-10-04): Received, Clearing. Buyer Comment (2025-10-03): Comment from XXXX (XXXX): See previous upload |
10/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000092689 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | Employer Identification Number (EIN) is missing. | Reviewer Comment (2025-10-28): Received Employer
Identification Number (EIN). Exception cleared. Seller Comment (2025-10-27): Comment from XXXX (XXXX): See attached Reviewer Comment (2025-10-20): Provide EIN for the subject business - "XXXX". Exception remains. Seller Comment (2025-10-20): Comment from XXXX (XXXX): EIN documentation |
10/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000091717 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | No cure provided | Reviewer Comment (2025-10-09): Sufficient cure provided.
Full cure amount for tolerance violation was provided at or before closing
(on final CD) resulting in a cleared exception. Seller Comment (2025-10-08): Comment from XXXX (XXXX): $XXXX Lender Credit applied on page 2. Please see attached |
10/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | D | B | D | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000091717 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Abstract / Title Search. Fee Amount of $XXXX exceeds tolerance of $XXXX $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | No cure provided | Reviewer Comment (2025-10-16): XXXX received valid COC
dated XXXX Seller Comment (2025-10-14): Comment from XXXX (XXXX): Please see attached. Thank you. Reviewer Comment (2025-10-09): XXXX received COC dated XXXX stating "XXXX" we would additional documentation in order to confirm when did the UW required for the same . Kindly provide supporting documentation i.e. email communication or log in order to clear the exception. Seller Comment (2025-10-08): Comment from XXXX (XXXX): Please see notice of loan change attached for tract title search fee. |
10/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | D | B | D | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000091717 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security instrument missing in file | Reviewer Comment (2025-10-09): Received Security
Instrument. Exception cleared. Seller Comment (2025-10-08): Comment from XXXX (XXXX): Please see attached. Thank you. |
10/09/2025 | 1 | D | A | D | A | D | A | D | A | D | A | NV | Primary | Purchase | D | B | D | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000091717 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-10-06): Client elects to waive |
10/06/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Purchase | D | B | D | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000091717 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - ARM not provided | Reviewer Comment (2025-10-17): Received Rider - ARM.
Exception cleared. Seller Comment (2025-10-16): Comment from XXXX (XXXX): Please see recorded MTG With ARM and PUD Rider attached |
10/17/2025 | 1 | A | A | A | A | A | NV | Primary | Purchase | D | B | D | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||||
| XXXXX | 4000091717 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - PUD not provided | Reviewer Comment (2025-10-17): Received Rider - PUD.
Exception cleared. Seller Comment (2025-10-16): Comment from XXXX (XXXX): Please see recorded MTG with PUD and Arm Rider attached |
10/17/2025 | 1 | A | A | A | A | A | NV | Primary | Purchase | D | B | D | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||||
| XXXXX | 4000091717 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure provided at closing | Reviewer Comment (2025-10-16): Sufficient Cure Provided At
Closing |
10/16/2025 | 1 | A | A | A | A | A | NV | Primary | Purchase | Final CD evidences Cure | D | B | D | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||||||||
| XXXXX | 4000091090 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-10-06): Cleared based on review
coming back within tolerances |
10/06/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000091627 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-10-07): Sufficient Cure Provided At
Closing |
10/07/2025 | 1 | A | A | A | A | A | A | A | A | A | A | MA | Second Home | Refinance - Rate/Term | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000089062 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 calendar days of the Note. | - | Verification(s) of employment is not within XXXX calendar days of the Note. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-10-31): Client elected to
waive/regrade with compensating factors. Lender exception provided. Seller Comment (2025-10-31): Comment from XXXX (XXXX): Exception approval for VVOE Reviewer Comment (2025-10-20): Guidelines require the VVOE to be completed with 10 days of the closing. The closing took place on XXXX per documentation on file Seller Comment (2025-10-20): Comment from XXXX (XXXX): VOE DATED XXXX --PULLED AFTER CLOSING AS CLOSING WAS PUSHED OUT FROM ORGINAL DATE Reviewer Comment (2025-10-15): The VVOE is not within 10 calendar days of the note. Seller Comment (2025-10-15): Comment from XXXX (XXXX): updated VOE |
10/31/2025 | 2 | C | B | C | B | C | B | C | B | C | B | WI | Second Home | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000092611 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX % or $XXXX . Sufficient or excess cure was provided to the borrower at Closing. | Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX % or $XXXX . | Reviewer Comment (2025-10-08): Sufficient Cure Provided At
Closing |
10/08/2025 | 1 | A | A | A | A | A | A | A | A | A | A | PA | Second Home | Purchase | Final CD evidences Cure | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000092611 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. | Originator Loan Designation of Safe Harbor QM (APOR) updated from guidelines. | Reviewer Comment (2025-11-12): Received, Clearing. Buyer Comment (2025-11-11): Comment from XXXX (XXXX ): See uploads |
11/12/2025 | 1 | B | A | C | A | B | A | C | A | B | A | PA | Second Home | Purchase | Lender to provide updated ATR/QM status | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000092611 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Employment - Schedule C | General QM: Unable to verify current Sole Proprietorship status using reasonably reliable third-party records. | Third Party Verification is missing. | Reviewer Comment (2025-11-11): Received bank statements
verifying the current existence of the business and the level and type of
income and expenses reported on the business tax returns |
11/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Second Home | Purchase | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000092611 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Third Party Verification is missing for Borrower 2. | Reviewer Comment (2025-11-11): Bank statements received
which support the current existence of the business and the level and type of
income and expenses reported on the business tax returns Seller Comment (2025-11-10): Comment from XXXX (XXXX ): Rebuttal For XXXX with XXXX Reviewer Comment (2025-11-05): Provide Business Entity Listing or any third-party relevant business documents. Exception remains. Seller Comment (2025-11-04): Comment from XXXX (XXXX ): third party search |
11/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Second Home | Purchase | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000092611 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Investor Guidelines Violation | General QM: Based on the loan failing one or more guideline components, the loan is at QM risk. | Third Party Verification is missing for Borrower 2. | Reviewer Comment (2025-11-12): Received, Clearing. Buyer Comment (2025-11-11): Comment from XXXX (XXXX ): Please see document already uploaded. Other conds already cleared. |
11/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Second Home | Purchase | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000092611 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | AUS Findings: Investor qualifying total debt ratio discrepancy. | DTI is over AUS guides but within Agency Conforming | Reviewer Comment (2025-11-12): Received, Clearing. Reviewer Comment (2025-11-12): Provide updated AUS with correct DTI. Exception remains. Seller Comment (2025-11-11): Comment from XXXX (XXXX ): Rebuttal |
11/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Second Home | Purchase | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000091170 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Investor Qualifying Residual income discrepancy. | Total available post closing assets are $XXXX /XXXXmonths = $XXXX - $XXXX total expenses = $XXXX which does not meet the residual income of $XXXX | Reviewer Comment (2025-10-15): Sufficient assets
verified Seller Comment (2025-10-15): Comment from XXXX (XXXX): LOX |
10/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MN | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000091170 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation mismatch due to residual income lower than guideline requirements. | Reviewer Comment (2025-10-15): Sufficient assets
verified |
10/15/2025 | 1 | B | A | C | A | B | A | C | A | B | A | MN | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000091170 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay - Residual Income: Investor and Non QM vs Guidelines | Ability to Repay (Dodd-Frank 2014): Investor's calculated residual income amount XXXX and calculated Non QM residual amount XXXXare both lower than the amount required per the guidelinesXXXX. | Reviewer Comment (2025-10-15): Sufficient assets
verified |
10/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MN | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000092350 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-10-09): Cleared based on review
coming back within tolerances |
10/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000092350 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. | Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. | Reviewer Comment (2025-12-05): XXXX received additional
supporting information for receipt of 6th piece of information to meeting
application timing. Seller Comment (2025-12-02): Comment from XXXX (XXXX): Lender Cert with Contract Date Screenshot Reviewer Comment (2025-12-02): XXXX received rebuttal, however contract is dated XXXX and initial 1003 with property address provided is dated XXXX. In the event a mortgage broker receives the six pieces of information that constitute an application, the timing will start from the time the broker receives the application under §XXXX(e)(1)(ii). Seller Comment (2025-12-01): Comment from XXXX (XXXX): XXXX Compliance shows the date the address was entered wasXXXX (see attachment) Also, contract wasn't accepted until XXXX so we couldn't have disclosed on XXXX. Reviewer Comment (2025-11-14): XXXX received disclosure history. However, the timing for the LE under § XXXXe)(1)(iii) is three business days from application. Initial LE issued XXXX. On this loan, the LE should have been issued within 3 business days of the broker application date of XXXX. Seller Comment (2025-11-13): Comment from XXXX (XXXX): EDisclosure tracking that shows all docs sent XXXX Reviewer Comment (2025-11-04): XXXX Received disclosure summary showing LE dated XXXX provided to the borrower; however, file is missing copy of Initial LE dated within 3 days of the application date XXXX. Provide Copy of Initial LE within 3 days of the of application date XXXX. Seller Comment (2025-11-04): Comment from XXXX (XXXX): XXXX E-Sign doc showing delivered XXXX Reviewer Comment (2025-10-15): XXXX Application date as per 1003 in file is XXXX and file is missing Initial LE within 3 days of the application date XXXX. Provide copy of Initial LE within 3 days of the application. Seller Comment (2025-10-14): Comment from XXXX (XXXX): Initial LE |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000092350 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | ECOA Appraisal Disclosure - ECOA Timing | ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within XXXX days of the loan application date. | File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within XXXX days of the loan application date. | Reviewer Comment (2025-10-09): Client elects to waive |
10/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000092350 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-10-09): Client elects to waive |
10/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000092231 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on pageXXXX that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). | The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX | Reviewer Comment (2025-12-04): XXXX received Letter of
Explanation, Proof of Delivery, Refund check & Corrected CD Buyer Comment (2025-12-03): Comment from XXXX (XXXX): Please check XXXX shipping again. Reviewer Comment (2025-12-02): Courier does not yet show the remediation package enroute. New follow up-date is set. Seller Comment (2025-12-01): Comment from XXXX (XXXX): Cure docs Reviewer Comment (2025-11-13): XXXX received lender Finance charge fees for calculation. However, the issue appears related to the MI cutoff calculation. Final CD under projected payment reflects MI only thru year 10, but based on Private Mortgage Insurance Disclosure provided and signed at closing the MI cutoff is at XXXX% LTV which would calculate to month 120 @ $XXXX and month 126 at $XXXX for termination at XXXX% LTV. This would reflect projected payment past year 10 and projected payment stream 1 would be for years 1-11. Lender's XXXX has MI cutoff on payment 111. Finance Charge and TOP were underdisclosed due to total of payments calculation. TOP underdisclosed $XXXX and Finance Charge $XXXX. Cure is Corrected CD, LOE to borrower, copy of cure refund for total underdisclosure and proof of mailing. The greater $XXXX TOP cure amount can be utilized towards the finance charge violation also. Seller Comment (2025-11-12): Comment from XXXX (XXXX): Rebuttal |
12/04/2025 | 2 | C | B | C | B | C | B | C | B | C | B | GA | Second Home | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| XXXXX | 4000092231 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXXdisclosed an inaccurate Total of Payments on page XXXX that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX). The disclosed Total of Payments in the amount of $XXXXis under disclosed by $XXXX compared to the calculated total of payments of $XXXXwhich exceeds the $XXXX threshold. | The disclosed Total of Payments in the amount of $XXXX is under disclosed by $XXXX | Reviewer Comment (2025-12-04): XXXX received Letter of
Explanation, Proof of Delivery, Refund check & Corrected CD Buyer Comment (2025-12-03): Comment from XXXX (XXXX): Please check XXXX shipping again. Reviewer Comment (2025-12-02): Courier does not yet show the remediation package enroute. New follow up-date is set. Buyer Comment (2025-12-01): Comment from XXXX (XXXX): Cure docs uploaded |
12/04/2025 | 2 | C | B | C | B | C | B | C | B | C | B | GA | Second Home | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| XXXXX | 4000092231 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. | Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. | Reviewer Comment (2025-10-27): XXXX rececived e-consent
dated XXXX Seller Comment (2025-10-24): Comment from XXXX (XXXX): Compliance report |
10/27/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Second Home | Purchase | C | B | A | A | C | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| XXXXX | 4000092231 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXXplus XXXX % or $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-10-30): Sufficient cure provided.
Full cure amount for tolerance violation was provided at or before closing
(on final CD) resulting in a cleared exception. Seller Comment (2025-10-29): Comment from XXXX (XXXX): Rebuttal |
10/30/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| XXXXX | 4000092231 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-04): XXXX received Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Buyer Comment (2025-12-03): Comment from XXXX (XXXX): Please check XXXX shipping again. Reviewer Comment (2025-12-02): XXXX received Post CD,LOX,Copy of refund check and proof of mailing. XXXX tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure. Buyer Comment (2025-12-01): Comment from XXXX (XXXX): Cure docs uploaded Reviewer Comment (2025-11-24): XXXX Received COC dated XXXX does not give sufficient information why CDA required. In order to determine if the changed circumstance is valid more information is necessary on reason fee added and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. Seller Comment (2025-11-21): Comment from XXXX (XXXX): XXXX COC Reviewer Comment (2025-11-14): XXXX received Changed Circumstance dated XXXX, but it does not give sufficient information on why the Appraisal review fee was added. In order to determine if the changed circumstance is valid more information is necessary on reason fee added and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. Seller Comment (2025-11-13): Comment from XXXX (XXXX): COC |
12/04/2025 | 2 | C | B | C | B | C | B | C | B | C | B | GA | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| XXXXX | 4000092231 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-10-30): Sufficient cure provided.
Full cure amount for tolerance violation was provided at or before closing
(on final CD) resulting in a cleared exception. Buyer Comment (2025-10-29): Comment from XXXX (XXXX): See upload |
10/30/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| XXXXX | 4000093560 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-10-13): Client elects to waive |
10/13/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000093560 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-10-10): Sufficient Cure Provided At
Closing |
10/10/2025 | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | Final CD evidences Cure | B | B | B | B | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000093560 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Trust Account not allowed for down payment per guides. | Borrower has verified disposable income of at least $2500.00. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-10-13): Client elected to
waive/regrade with compensating factors. Lender exception provided. |
10/13/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000090154 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-10-13): Sufficient Cure Provided At
Closing |
10/13/2025 | 1 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000094245 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of Higher Priced QM (APOR). | Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of Higher Priced QM (APOR). | Reviewer Comment (2025-10-30): Clearing. Buyer Comment (2025-10-30): Comment from XXXX (XXXX ): Can this condition be downgraded to a waivable EV2? Lender will restate designation to match. |
10/30/2025 | 1 | B | A | C | A | B | A | C | A | B | A | TX | Second Home | Purchase | Lender to provide updated ATR/QM status | C | B | A | A | C | B | A | A | Safe Harbor QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| XXXXX | 4000094245 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Restated Loan Designation Match - QM / ATR | Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Higher Priced QM (APOR) matches the Due Diligence Loan Designation of Higher Priced QM (APOR). | Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Higher Priced QM (APOR) matches the Due Diligence Loan Designation of Higher Priced QM (APOR). | Reviewer Comment (2025-10-30): Accepted as is. |
10/30/2025 | 2 | A | B | B | B | A | TX | Second Home | Purchase | C | B | A | A | C | B | A | A | Safe Harbor QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| XXXXX | 4000096051 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Title Preliminary not provided | Reviewer Comment (2025-10-16): Preliminary title
received |
10/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||||
| XXXXX | 4000096051 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Missing Document: Flood Insurance Policy not provided | Address: XXXX | Reviewer Comment (2025-10-16): Received Flood Insurance
Policy. Exception cleared. Seller Comment (2025-10-16): Comment from XXXX (XXXX ): Flood insurance attached |
10/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000093766 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Reviewer Comment (2025-10-31): BPC provided. Cleared. Seller Comment (2025-10-31): Comment from XXXX (XXXX): Business Purpose Occupancy affidavit |
10/31/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000093766 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Reviewer Comment (2025-11-03): Received, Clearing. Seller Comment (2025-11-03): Comment from XXXX (XXXX): Insurance for XXXX |
11/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000093766 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing | Reviewer Comment (2025-10-31): Title Commitment provided.
Cleared. Seller Comment (2025-10-31): Comment from XXXX (XXXX): title commitment |
10/31/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000093766 | XXXXX | XXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Reviewer Comment (2025-10-31): Title Commitment provided.
Cleared. Seller Comment (2025-10-31): Comment from XXXX (XXXX): Final Title Commitment |
10/31/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000093766 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $XXXX Provide updated policy reflecting minimum coverage of $XXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount. | Reviewer Comment (2025-10-20): Received letter from
insurer indicating extended replacement cost Seller Comment (2025-10-20): Comment from XXXX (XXXX): Insurer replacement cost attached |
10/20/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000093766 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2025-12-19): Client exception
received. Seller Comment (2025-12-19): Comment from XXXX (XXXX): Exception request approval Reviewer Comment (2025-11-03): PITIA is $XXXX it would appear your calculation is not figuring the HOA dues into the PITIA. Seller Comment (2025-11-03): Comment from XXXX (XXXX): DSCR score Worksheet |
12/19/2025 | 2 | C | B | C | B | C | B | C | B | C | B | MD | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000093766 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-10-17): Clearing based on review
coming back within tolerances. |
10/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000090438 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient. Coverage is short $XXXX | Reviewer Comment (2025-11-05): Hazard with sufficient
coverage received, exception cleared. Seller Comment (2025-11-05): Comment from XXXX (XXXX): HOI Reviewer Comment (2025-10-21): Replacement cost is $XXXX per RCE. The dwelling coverage verified is $XXXX. When coverage is greater than the loan amount, it only needs to cover XXXX% of the RCV. $XXXX x XXXX% is $XXXX. Coverage is short $XXXX. Seller Comment (2025-10-21): Comment from XXXX (XXXX): HOI |
11/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MO | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000091870 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Current Zip was not provided | - | Current Zip was provided but cannot be entered in clarity as it is not supported by clarity. | Reviewer Comment (2025-10-17): Accepted as is. |
10/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Second Home | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000091870 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Mailing Zip was not provided | - | Current Zip was provided but cannot be be entered in clarity as it is not supported by clarity. | Reviewer Comment (2025-10-17): Accepted as is. |
10/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Second Home | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000092506 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Receipt of Appraisal is missing. | Reviewer Comment (2025-10-17): Accepted as is. |
10/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000092506 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $XXXXexceeds tolerance of $XXXX Insufficient or no cure was provided to the borrower. | Lender Credits decreased from $XXXXto $XXXX a decrease of $XXXX. No cure provided. | Reviewer Comment (2025-10-20): XXXX Received Valid COC
along with CD dated XXXX. Seller Comment (2025-10-17): Comment from XXXX (XXXX): Lender Credits COC |
10/20/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000092506 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | The date the valuation was provided to the applicant is prior to the date when the valuation was performed. | Reviewer Comment (2025-10-17): Accepted as is. |
10/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000090681 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation failure due to ATR failure. VVOE dated within XXXX days of closing for the current job is not in file. | Reviewer Comment (2025-10-30): Received, Clearing. Seller Comment (2025-10-30): Comment from XXXX (XXXX): We have the Offer Letter and Paystub dated XXXX that was used as VOE for the current employment dated prior to close and verifies that the borrower started XXXX per the offer letter. Reviewer Comment (2025-10-29): There is no VVOE dated prior to closing. The loan does not meet ATR without a VVOE done at origination. Non-QM considerations are addressed within 1026.43(c)(2)(ii) which specifically requires that creditor verify the consumer's current employment status. Accordingly, on Non-QM loans, employment verification, at or before consummation, is required for employment income used to qualify. If the creditor did not rely on income from the consumer's employment, then the employment would not need to be verified at or before consummation, but to the extent employment income was used to qualify the consumer, the verification of the consumer's current employment status must be completed at or before consummation. Seller Comment (2025-10-29): Comment from XXXX (XXXX): Exception Approval and VOE for current Job |
10/30/2025 | 1 | B | A | C | A | B | A | C | A | B | A | NY | Primary | Purchase | Lender to provide updated ATR/QM status | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000090681 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - W-2 | Ability to Repay (Dodd-Frank 2014): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. | Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. Need a VVOE dated within XXXX days of closing for the current job. . | Reviewer Comment (2025-10-29): Post closing VOE okay to
use per approved lender exception Seller Comment (2025-10-29): Comment from XXXX (XXXX): Exception Approval and VOE for current Job |
10/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000090681 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | ATR failure due to insufficient income documentation. | Reviewer Comment (2025-10-30): Received, Clearing. |
10/30/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000090681 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | The verification of employment is required and was not found in file. | - | VVOE dated within XXXX days of closing for the current job is not in file. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-10-30): Client exception
received. Reviewer Comment (2025-10-29): re-opened Reviewer Comment (2025-10-29): Post closing VOE okay to use per approved lender exception Seller Comment (2025-10-29): Comment from XXXX (XXXX): Exception Approval and VOE for current Job |
10/30/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NY | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000090681 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception to use post closing VOE. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-10-29): Lender exception approved
to use post closing VOE. |
10/29/2025 | 2 | B | B | B | B | B | NY | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||||||
| XXXXX | 4000098078 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | The file is missing a copy of the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-17): CDA received, exception
cleared Seller Comment (2025-10-17): Comment from XXXX (XXXX ): CDA |
10/17/2025 | 1 | D | A | D | A | D | A | D | A | D | A | TX | Investment | Refinance - Cash-out - Other | D | A | A | A | D | A | N/A | No | ||||||||||||||
| XXXXX | 4000098115 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXXplus XXXX% or $XXXX Sufficient or excess cure was provided to the borrower. | Reviewer Comment (2025-10-17): Sufficient Cure Provided
within 60 Days of Closing |
10/17/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Rate/Term | Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over $35) | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000091794 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Reviewer Comment (2025-11-03): Received Articles of
Organization/Formation. Exception cleared. Seller Comment (2025-11-03): Comment from XXXX (XXXX): In XXXX, a single-member LLC must file a document called the Public Records Filing for New Business Entity, which serves the same purpose as Articles of Organization in other states. Please find that cert attached |
11/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000091794 | XXXXX | XXXXX | Credit | Investment Product | General | Investment Product | REO property does not have a lease in place and required by guidelines. | - | A lease for a nearby property was provided, but not for the subject. | Reviewer Comment (2025-12-04): Received Lease Agreement.
Exception cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Please see attached corrected lease agreement |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXXXX | 4000094360 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided | Reviewer Comment (2025-11-04): XXXX received valid COC
document Seller Comment (2025-10-31): Comment from XXXX (XXXX): CT XXXX: Please see the attached COC and corresponding disclosure, extra complexity due to acreage and outbuilding // |
11/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000094360 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided | Reviewer Comment (2025-12-09): XXXX received Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Seller Comment (2025-12-08): Comment from XXXX (XXXX): XXXX Please see attached Letter of Explanation, Refund Check, Post-Closed Closing Disclosure, Proof of Delivery. Reviewer Comment (2025-12-04): XXXX received rebuttal, however as fee is seller paid cost then it should have been updated as seller paid but final CD is showing it as borrower paid. If fee is paid by seller, corrected PCCD, LOE and true & certified copy of final settlement statement is required to re-evaluate the exception. Seller Comment (2025-12-03): Comment from XXXX (XXXX): LL XXXX Please see the attached email from the broker explaining the request. The Purchase agree shows the seller agreed to pay for the survey fee. Reviewer Comment (2025-11-04): XXXX is unable to determine from the file whether the lender or title company required the survey. If the lender required the survey fee then a cure is due to the borrower. If the borrower-chosen service provider further outsourced the Survey Fee, an attestation from the seller is needed. The attestation/letter should confirm that the service was outsourced by the borrower-chosen provider. This attestation would allow us to test the fee under the no tolerance category with the understanding that the new fee added on the CD was imposed by a provider through which the borrower indirectly selected. Seller Comment (2025-10-31): Comment from XXXX (XXXX): XXXX: Please see the attached COC and corresponding disclosure. The RPA selection indicated the onus would be on the buyer to pay for a survey if one became necessary. Additionally, a tolerance credit in the amount of $XXXX for the survey fee was reflected on the final Closing Disclosure // |
12/09/2025 | 2 | C | B | C | B | C | B | C | B | C | B | TX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000094360 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Compliance | Buydown Subsidy Collected Less Than Buydown Terms - Buydown Terms Not Considered | Total Buydown Amount collected on HUD/CD $XXXX does not match Buydown Subsidy of $XXXX required per terms of Buydown Agreement Payment Schedule. Additional subsidy may be required to meet terms of buydown agreement. Any discrepancy may impact validity of compliance points and fees findings. | Reviewer Comment (2025-12-01): Exception cleared via
documentation Seller Comment (2025-12-01): Comment from XXXX (XXXX): LL XXXX Please see attached Buydown agreement which matches the Final Closing Disclosure. |
12/01/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000098387 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-10-20): Clearing based on review
coming back within tolerances. Reviewer Comment (2025-10-20): . Reviewer Comment (2025-10-20): XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX |
10/20/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CO | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000097962 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Reviewer Comment (2025-10-21): Sufficient funds verified
with EMD check Reviewer Comment (2025-10-21): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX Seller Comment (2025-10-21): Comment from XXXX (XXXX ): Please See EMD check attached Reviewer Comment (2025-10-21): Assets required to be verified is XXXX . Verified XXXX . Cash to close is short XXXX . Confirmed reserves required are XXXX . Please provide EMD check in the amount of XXXX Reviewer Comment (2025-10-21): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX . Seller Comment (2025-10-21): Comment from [XXXX ] ([XXXX ]): Please see attached regarding Reserves. |
10/21/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000097962 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $XXXX is less than Cash From Borrower $XXXX . | Reviewer Comment (2025-10-21): Sufficient funds verified
with EMD check Reviewer Comment (2025-10-21): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX Seller Comment (2025-10-21): Comment from XXXX (XXXX ): Please see EMD check Reviewer Comment (2025-10-21): Assets required to be verified is XXXX + EMD XXXX + POCB XXXX = XXXX Verified XXXX . Cash to close is short XXXX Seller Comment (2025-10-21): Comment from [XXXX ] ([XXXX ]): Please see attached. Borrower need [XXXX ] plus reserves [XXXX ] Borrower Account has [XXXX ]. Borrower has enough funds |
10/21/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000093944 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | The file did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost, the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX | Reviewer Comment (2025-10-27): RCE provided. Cleared. Seller Comment (2025-10-27): Comment fromXXXX (XXXX): RCE |
10/27/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WI | Second Home | Purchase | C | B | C | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000093944 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Trust Agreement (Asset) not provided | Trust Agreement (Asset) is missing. | Reviewer Comment (2025-10-24): Received, Clearing. Seller Comment (2025-10-24): Comment from XXXX (XXXX): trust |
10/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WI | Second Home | Purchase | C | B | C | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000093944 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | The appraisal was not provided to the borrower within 3 business days of the note date. | Reviewer Comment (2025-10-22): Accepted as is. |
10/22/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WI | Second Home | Purchase | C | B | C | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000093384 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Fraud Report is missing in the file. | Reviewer Comment (2025-10-22): Received Fraud Report.
Exception cleared. Seller Comment (2025-10-22): Comment from XXXX (XXXX): Fraud Report |
10/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000093384 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Tax Certificate is missing for REO Property "XXXX". | Reviewer Comment (2025-11-18): Tax Certificate for this
property, AKA XXXX, received and exception cleared Seller Comment (2025-11-18): Comment from XXXX (XXXX): XXXX has a shared Tax Cert with XXXX. So it's one tax bill that covers both addresses. Technically the property she owns is one parcel of land, where she pays for one tax bill, but it has 2 addresses. See attached and please clear condition or advise further. |
11/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000093384 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception to allow personal and business bank statements in income calculations. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-10-22): Lender exception
conditionally approved based on borrower meeting business bank statement
guides. Guidelines have been met |
10/22/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | N/A | No | |||||||||
| XXXXX | 4000095561 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception for property being vacant when the appraisal was completed. It will be tenant occupied starting XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | SitusAMC | Reviewer Comment (2025-10-22): Lender exception
approved |
10/22/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000093431 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-10-22): Accepted as is. |
10/22/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WI | Second Home | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000094498 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Estimated Total Minimum Payment Adjustable Rate Subsequent Payments | TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XXXX disclosed an Estimated Total Monthly Payment for payment stream XXXXthat does not match the actual total payment for the loan. | Final Closing Disclosure provided on XXXX disclosed an Estimated Total Monthly Payment for payment stream 4 that does not match the actual total payment for the loan. | Reviewer Comment (2025-11-12): Payment disclosed correctly
for payment stream 4 |
11/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000094498 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page XXXXthat does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXXthreshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). | The disclosed Finance Charge in the amount of $XXXXis under disclosed by $XXXX | Reviewer Comment (2025-12-10): XXXX received Letter of
Explanation, Proof of Delivery, Refund check & Corrected CD Seller Comment (2025-12-09): Comment from XXXX (XXXX): REFUND TO INCLUDE CDD AND PROOF OF MAILING. Reviewer Comment (2025-12-09): XXXX received LOE, copy of cure refund and proof of mailing. However, missing copy of Corrected CD and the proof of mailing does not reflect XXXX has picked up package. Please provide the Corrected CD and proof when carrier has picked up package. Seller Comment (2025-12-08): Comment from XXXX (XXXX): REFUND |
12/10/2025 | 2 | C | B | C | B | C | B | C | B | C | B | GA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000094498 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments | TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XXXX disclosed a periodic principal and interest payment for payment stream 4 that does not match the actual payment for the loan. | Final Closing Disclosure provided on XXXX disclosed a periodic principal and interest payment for payment stream 4 that does not match the actual payment for the loan. | Reviewer Comment (2025-11-12): Payment disclosed correctly
for payment stream 4 |
11/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000094498 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page XXXX that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX). The disclosed Total of Payments in the amount of $XXXX is under disclosed by $XXXX compared to the calculated total of payments of $XXXX which exceeds the $XXXX threshold. | The disclosed Total of Payments in the amount of $XXXX is under disclosed by $XXXX. | Reviewer Comment (2025-12-10): XXXX received Letter of
Explanation, Proof of Delivery, Refund check & Corrected CD Seller Comment (2025-12-09): Comment from XXXX (XXXX): REFUND TO INCLUDE CDD AND PROOF OF MAILING. Reviewer Comment (2025-12-09): XXXX received LOE, copy of cure refund and proof of mailing. However, missing copy of Corrected CD and the proof of mailing does not reflect XXXX has picked up package. Please provide the Corrected CD and proof when carrier has picked up package. Seller Comment (2025-12-08): Comment from XXXX (XXXX): REFUND |
12/10/2025 | 2 | C | B | C | B | C | B | C | B | C | B | GA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000094498 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-10-21): Sufficient Cure Provided At
Closing |
10/21/2025 | 1 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Purchase | Final CD evidences Cure | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000094498 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-10-21): Sufficient Cure Provided At
Closing |
10/21/2025 | 1 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Purchase | Final CD evidences Cure | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000095079 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-10-23): Clearing based on review
coming back within tolerances. |
10/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000097325 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary title policy amount is blank. | Reviewer Comment (2025-10-27): Accepted as is. |
10/27/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000097500 | XXXXX | XXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2025-12-16): Received, Clearing. |
12/16/2025 | 1 | A | A | A | A | A | A | A | A | A | A | WA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000097500 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Title Commitment or Preliminary title policy amount is blank. | Reviewer Comment (2025-12-15): Received Final Title
Policy. Exception cleared. Seller Comment (2025-12-15): Comment from XXXX (XXXX): XXXX - Please see the attached FTP |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000092818 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | HOA Verification and Tax Verification are missing | Reviewer Comment (2025-10-31): REO docs provided.
Cleared. Seller Comment (2025-10-31): Comment from XXXX (XXXX): REO Docs |
10/31/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NM | Second Home | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000092818 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-10-24): Sufficient Cure Provided At
Closing |
10/24/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NM | Second Home | Purchase | Final CD evidences Cure | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||||
| XXXXX | 4000092818 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-10-24): Sufficient Cure Provided At
Closing |
10/24/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NM | Second Home | Purchase | Final CD evidences Cure | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||||
| XXXXX | 4000092818 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page XXXX that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXXthreshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). | The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX which exceeds the $XXXXthreshold. | Reviewer Comment (2025-12-04): XXXX received PCCD, LOE,
Copy of Refund Check and Proof of Mailing. Buyer Comment (2025-12-03): Comment from XXXX (XXXX): Please check XXXX shipping again. Reviewer Comment (2025-12-02): XXXX received LOE to borrower, copy of cure refund for total underdisclosure and proof of mailing. Previously received Corrected CD. The XXXX tracking does not reflect that the package has been picked up yet by carrier. Provide proof when picked up to finalize cure. Seller Comment (2025-12-01): Comment from XXXX (XXXX): Cure docs Reviewer Comment (2025-11-28): XXXX received XXXX CD. To finalize cure, provide LOE to borrower which accompanies that PCCD, copy of cure refund to borrower for total underdisclosure at closing of $XXXX and proof of mailing. Seller Comment (2025-11-26): Comment from XXXX (XXXX): Please advise if PCCD is acceptable and we will provide check and XXXX Reviewer Comment (2025-11-26): The cure amount of $XXXXis correct. Additionally, the PMI Cert does not show a termination percentage, but the PMI disclosure shows an automatic cancel of PMI at XXXX%. The pay streams on the PCCD needs to be corrected to show MI as the initial pay stream and the second pay stream would show the MI as terminated per 1026.37(C)(1)(ii)(B)-1 which states...Special rule regarding disclosure of the automatic termination of mortgage insurance. Section 1026.37(c)(1)(ii)(B) is an exception to the general rule in § 1026.37(c)(1)(ii), and requires that the automatic termination of mortgage insurance or any functional equivalent under applicable law is disclosed as a separate periodic payment or range of payments only if the total number of separate periodic payments or ranges of payments otherwise disclosed does not exceed three. This means that the automatic termination of mortgage insurance or any functional equivalent under applicable law is disclosed as its own event only if there is a column in which to disclose it, i.e., there are only three other separate periodic payments or ranges of payments that are required to be disclosed. Where the automatic termination of mortgage insurance or any functional equivalent under applicable law is not disclosed as a separate periodic payment or range of payments, the absence of a required mortgage insurance payment is disclosed with the next disclosed event requiring disclosure of additional separate periodic payments or ranges of payments, as applicable. Seller Comment (2025-11-25): Comment from XXXX (XXXX): Please confirm PCCD/LOX Sufficient and we will provide check copy and XXXX tracking Reviewer Comment (2025-11-13): EXCEPTION HISTORY - Exception Detail was updated on XXXX PRIOR Exception Detail: TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). (Final/XXXX) Reviewer Comment (2025-11-13): CORRECTION ON CALCULATIONS - XXXX received lender finance charges included in calculation. However, the issue relates to the total of payments calculation and also effects the TOP calculation. It appears, based on Final CD issued XXXX that lender calculated MI monthly only thru year 7 per Projected Payments. However, the Private Mortgage insurance Disclosure provided at closing and signed by borrower reflects that automatic termination is thru XXXX which would be thru month 118 and at XXXX% LTV and over 9 years and would have required paystream 1 as 1-10 year vs 1-7 years. XXXX reflects thru 81 payments which would be in line with that Final CD. The 81 month only reflects an LTV of XXXX% and is not in line with the PMI disclosure. Underdisclosure of Finance Charge & TOP is $XXXX and is related to this total of payments discrepancy. Cure would be Corrected CD, LOE to borrower, copy of cure refund for $XXXX and proof of mailing. Reviewer Comment (2025-11-13): EXCEPTION HISTORY - Exception Detail was updated on XXXX PRIOR Exception Detail: TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of XXXX which exceeds the $XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). (Final/XXXX) Reviewer Comment (2025-11-13): XXXX received lender finance charges included in calculation. However, the issue relates to the total of payments calculation and also effects the TOP calculation. It appears, based on Final CD issued XXXX that lender calculated MI monthly only thru year 7 per Projected Payments. However, the Private Mortgage insurance Disclosure provided at closing and signed by borrower reflects that automatic termination is thru XXXX which would be thru month 104 and at XXXX% LTV and over 8 years and would have required paystream 1 as 1-9 year vs 1-7 years. XXXX reflects thru 81 payments which would be in line with that Final CD. The 81 month only reflects an LTV of XXXX% and is not in line with the PMI disclosure. Underdisclosure of Finance Charge & TOP is $XXXX and is related to this total of payments discrepancy. Cure would be Corrected CD, LOE to borrower, copy of cure refund for $XXXX and proof of mailing. Seller Comment (2025-11-12): Comment from XXXX (XXXX): Rebuttal |
12/04/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NM | Second Home | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000092818 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on pageXXXX that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX). The disclosed Total of Payments in the amount of $XXXX is under disclosed by $XXXXcompared to the calculated total of payments of $XXXX which exceeds the $XXXX threshold. | The disclosed Total of Payments in the amount of $XXXX is under disclosed by $XXXX which exceeds the $XXXX threshold. | Reviewer Comment (2025-12-04): XXXX received PCCD, LOE,
Copy of Refund Check and Proof of Mailing. Buyer Comment (2025-12-03): Comment from XXXX (XXXX): Please check XXXX shipping again. Reviewer Comment (2025-12-02): XXXX received LOE to borrower, copy of cure refund for total underdisclosure and proof of mailing. Previously received Corrected CD. The XXXX tracking does not reflect that the package has been picked up yet by carrier. Provide proof when picked up to finalize cure. Buyer Comment (2025-12-01): Comment from XXXX (XXXX): See uploads Reviewer Comment (2025-11-28): XXXX received XXXX CD. To finalize cure, provide LOE to borrower which accompanies that PCCD, copy of cure refund to borrower for total underdisclosure at closing of $XXXX and proof of mailing. Buyer Comment (2025-11-26): Comment from XXXX (XXXX): See PCCD and advise Reviewer Comment (2025-11-26): The cure amount of $XXXX is correct. Additionally, the PMI Cert does not show a termination percentage, but the PMI disclosure shows an automatic cancel of PMI at XXXX%. The pay streams on the PCCD needs to be corrected to show MI as the initial pay stream and the second pay stream would show the MI as terminated per 1026.37(C)(1)(ii)(B)-1 which states...Special rule regarding disclosure of the automatic termination of mortgage insurance. Section 1026.37(c)(1)(ii)(B) is an exception to the general rule in § 1026.37(c)(1)(ii), and requires that the automatic termination of mortgage insurance or any functional equivalent under applicable law is disclosed as a separate periodic payment or range of payments only if the total number of separate periodic payments or ranges of payments otherwise disclosed does not exceed three. This means that the automatic termination of mortgage insurance or any functional equivalent under applicable law is disclosed as its own event only if there is a column in which to disclose it, i.e., there are only three other separate periodic payments or ranges of payments that are required to be disclosed. Where the automatic termination of mortgage insurance or any functional equivalent under applicable law is not disclosed as a separate periodic payment or range of payments, the absence of a required mortgage insurance payment is disclosed with the next disclosed event requiring disclosure of additional separate periodic payments or ranges of payments, as applicable. Buyer Comment (2025-11-25): Comment from XXXX (XXXX): Please confirm PCCD/LOX Sufficient and we will provide check copy and XXXX tracking Reviewer Comment (2025-11-13): EXCEPTION HISTORY - Exception Detail was updated onXXXX PRIOR Exception Detail: TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX. The disclosed Total of Payments in the amount of XXXX is under disclosed by $XXXX compared to the calculated total of payments of XXXX which exceeds the XXXX threshold. (Final/XXXX) Reviewer Comment (2025-11-13): EXCEPTION HISTORY - Exception Detail was updated on XXXX PRIOR Exception Detail: TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX). The disclosed Total of Payments in the amount of $XXXX is under disclosed by $XXXX compared to the calculated total of payments of $XXXX which exceeds the $XXXX threshold. (Final/XXXX) |
12/04/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NM | Second Home | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000096423 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-10-28): Accepted as is. |
10/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | C | B | C | B | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXX | 4000096423 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. | Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. | Reviewer Comment (2025-10-28): Accepted as is. |
10/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | C | B | C | B | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXX | 4000096423 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Calculated Available for Reserves of ___ is less than Guideline Available for Reserves of ___. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-19): Client exception
received. Seller Comment (2025-12-19): Comment from XXXX (XXXX): Exception request attached Reviewer Comment (2025-10-31): All of the provided have been used already. Seller Comment (2025-10-31): Comment from XXXX (XXXX): additional reserves funds |
12/19/2025 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Purchase | C | B | C | B | B | B | A | A | Non QM | N/A | No | |||||||||
| XXXXX | 4000094330 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-10-27): Clearing based on review
coming back within tolerances. |
10/27/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000093531 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Data Integrity | Property - Appraisal | Appraiser's license or certification was not active at the time of the appraisal. | - | Appraiser's license or certification was not active at the time of the appraisal. | Reviewer Comment (2025-11-06): Received, Clearing. Buyer Comment (2025-11-05): Comment from XXXX (XXXX ): XXXX tm: The license expired XXXX . The appraisal was completed before this on XXXX so the license was active at time of appraisal completion. |
11/06/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | A | A | A | A | C | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000096856 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | The Articles of Organization/Formation missing for "XXXX, a XXXX". | Reviewer Comment (2025-11-03): Received, Clearing. Seller Comment (2025-11-03): Comment from XXXX (XXXX): LLC Docs |
11/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000096856 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | The Certificate of Good Standing is missing for "XXXX a XXXX". | Reviewer Comment (2025-11-03): Received, Clearing. Seller Comment (2025-11-03): Comment from XXXX (XXXX): LLC Docs |
11/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000096856 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | The Operating Agreement is missing for "XXXX, a XXXX". | Reviewer Comment (2025-11-03): Received, Clearing. Seller Comment (2025-11-03): Comment from XXXX (XXXX): LLC Docs |
11/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000096856 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Guarantor Agreement is missing. | Reviewer Comment (2025-12-05): Guaranty Agreement
provided. Cleared. Seller Comment (2025-12-05): Comment from XXXX (XXXX): Guarantor agreement uploaded in misc docs Reviewer Comment (2025-11-07): Guarantor Agreement still missing. Exception remains. Seller Comment (2025-11-06): Comment from XXXX (XXXX): Guarantor Reviewer Comment (2025-11-04): Still missing the personal guarantee agreement signed by the individual at closing Seller Comment (2025-11-04): Comment from XXXX (XXXX): Guarantor Agreement Reviewer Comment (2025-11-03): LLC docs doesn't resolve missing Guarantor Agreement. Seller Comment (2025-11-03): Comment from XXXX (XXXX): LLC Docs |
12/05/2025 | 1 | D | A | D | A | D | A | D | A | D | A | FL | Investment | Purchase | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000096856 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided | 1007 Rent Comparison Schedule is missing. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-11-13): Client elects to waive and
use XXXX only for qualification Reviewer Comment (2025-11-03): LLC Docs doesn't resolve 1007. Seller Comment (2025-11-03): Comment from XXXX (XXXX): LLC Docs |
11/13/2025 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Purchase | D | B | D | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000096856 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Evidence of Access to Funds is missing. | Reviewer Comment (2025-11-03): Received, Clearing. Seller Comment (2025-11-03): Comment from XXXX (XXXX): LLC Docs |
11/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000093645 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception for first time investors and one first time homebuyer. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-10-29): Lender exception
approved |
10/29/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000093645 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Collateral | Security Instrument is not signed by borrower(s). | Security instrument reflects the borrower isXXXX A XXXX, however the note and SI were signed as individuals. The Mortgage / Deed of Trust / security instrument should be signed by the applicable guarantor(s) of the entity in their capacity as member(s) and/or managing member of the entity. The note must be signed by both the guarantor in their individual capacity and as member(s) and/or managing member of the entity. In cases where there will not be any individual capacity signatures, each applicable guarantor / manager must sign a Personal Guaranty in their individual capacity. | Reviewer Comment (2025-12-15): Received, Clearing. Seller Comment (2025-12-15): Comment from XXXX (XXXX): New Note and SI signed as entity name and as individual. |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000093645 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Reviewer Comment (2025-11-03): Received, Clearing. Seller Comment (2025-11-03): Comment from XXXX (XXXX): LLC Articles of Organization, Operating Agreement, Confirmation Letter. EIN, COGS |
11/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000093645 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Reviewer Comment (2025-11-03): Received, Clearing. Seller Comment (2025-11-03): Comment from XXXX (XXXX): Articles of Organization |
11/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000093645 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Reviewer Comment (2025-11-03): Received, Clearing. Seller Comment (2025-11-03): Comment from XXXX (XXXX): COGS |
11/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000093645 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | Reviewer Comment (2025-11-03): Received, Clearing. Seller Comment (2025-11-03): Comment from XXXX (XXXX): EIN verification |
11/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000185 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Exception set as appraisal is missing from the file | Reviewer Comment (2025-10-29): Received 1004 Appraisal. Exception cleared. Buyer Comment (2025-10-29): Disaster end date was 25 years ago. |
10/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | D | A | D | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 2000000185 | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing. Sec ID: 1 | Appraisal is missing. | Reviewer Comment (2025-10-29): Received 1004 Appraisal. Exception cleared. Buyer Comment (2025-10-29): Appraisal |
10/29/2025 | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Investment | Purchase | D | A | D | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 2000000185 | XXXXX | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Appraisal missing. | Reviewer Comment (2025-10-29): Received 1004 Appraisal. Exception cleared. Buyer Comment (2025-10-29): Appraisal |
10/29/2025 | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Investment | Purchase | D | A | D | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 2000000185 | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Missing closing statement from sale of E XXXX | Reviewer Comment (2025-10-29): Received Closing Statement.
Exception cleared. Buyer Comment (2025-10-29): closing statement from sale of XXXX. |
10/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | D | A | D | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 4000092988 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-10-29): Accepted as is. |
10/29/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000097919 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure was provided. | Reviewer Comment (2025-10-29): Sufficient Cure Provided At
Closing |
10/29/2025 | 1 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Purchase | Final CD evidences Cure | C | A | C | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000097919 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report is missing. | Reviewer Comment (2025-11-04): Received Fraud Report.
Exception cleared. Seller Comment (2025-11-04): Comment from XXXX (XXXX): Fraud Report |
11/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000096447 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXXexceeds tolerance of $XXXX plus XXXX% or $XXXX Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-10-29): Sufficient Cure Provided At
Closing |
10/29/2025 | 1 | A | A | A | A | A | A | A | A | A | A | MN | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000097396 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX | Reviewer Comment (2025-12-19): Received, Clearing. Seller Comment (2025-12-19): Comment from XXXX (XXXX): Revised HOI policy/RCE with proof of payment for difference in premium Reviewer Comment (2025-11-17): Received Hazard Insurance Policy has dwelling coverage amount of $XXXX and Estimated Replacement Cost is $XXXX more than dwelling coverage of Hazard Policy. Hence there is shortfall of $XXXX. Please provide updated Hazard Insurance Policy with sufficient coverage or provide Replacement Cost Estimator. Exception remains. Seller Comment (2025-11-17): Comment from XXXX (XXXX): RCE Reviewer Comment (2025-11-04): FNMA insurance is followed. Please provide RCE. Buyer Comment (2025-11-04): Comment from XXXX (XXXX): Hello, I believe this is invalid. The coverage on the HOI policy is sufficient therefore a RCE is not required. Please advise. |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000088202 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Insurance coverage shortfall is $XXXX | Reviewer Comment (2026-01-13): Revised appraisal with an
estimated cost-new value entered, satisfies
insurance shortfall. Exception cleared Seller Comment (2026-01-13): Comment from XXXX (XXXX): XXXX - KJ: Please see the revised appraisal that reflects an "Estimate Cost-New" of $XXXX. The dwelling coverage of $XXXX is sufficient. Reviewer Comment (2025-11-11): Please submit online via XXXX's online seller portal for a formal review. Exception remains. (XXXX) Buyer Comment (2025-11-10): Comment from XXXX (XXXX): XXXX: XXXX Recognizes that the borrower's HOI Dwelling coverage is not within 80% of the estimated replacement cost. However, we believe the loan still meets investment quality based on the following compensating factors: 1.) Dwelling coverage of $XXXX exceeds the loan amount and appraised value by more than $XXXX 2.) FICO = XXXX 3.) DSCR = XXXX 4.) Borrower has more than 24 months of reserves available. 5. No mortgage lates or any derogatory credit events reporting. |
01/13/2026 | 1 | C | A | C | A | C | A | C | A | C | A | MN | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000092605 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-11-03): Accepted as is. |
11/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NC | Second Home | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000092605 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from insurer. Calculations are based onXXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX. | Reviewer Comment (2025-12-04): Received, Clearing. Seller Comment (2025-12-04): Comment from XXXX (XXXX): email from HOI there is enough coverage |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Second Home | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000099321 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-10-31): Clearing based on review
coming back within tolerances. |
10/31/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000098071 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-10-31): Clearing based on review
coming back within tolerances. |
10/31/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000098315 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | 1073 Valuation dated XXXX in file. Secondary valuation not located in file. | Reviewer Comment (2025-11-03): Received, Clearing. Seller Comment (2025-11-03): Comment from XXXX (XXXX ): CDA value $XXXX . Appraisal value $XXXX . |
11/03/2025 | 1 | D | A | D | A | D | A | D | A | D | A | NY | Investment | Purchase | D | A | C | A | D | A | N/A | No | ||||||||||||||
| XXXXX | 4000098315 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX . | Reviewer Comment (2025-11-04): Received, Clearing. Seller Comment (2025-11-04): Comment from XXXX (XXXX ): Updated balance to show reserves. Bank statement shows a balance of $XXXX . Previous balance was $XXXX . |
11/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | D | A | C | A | D | A | N/A | No | ||||||||||||||
| XXXXX | 4000099203 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Corporate Resolution/Operating Agreement was not provided. | Reviewer Comment (2025-11-07): Received Operating
Agreement. Exception cleared. Seller Comment (2025-11-06): Comment from XXXX (XXXX): See Attached Reviewer Comment (2025-11-05): Received Operating Agreement it is not signed. Exception Remains. Seller Comment (2025-11-05): Comment from XXXX (XXXX): See attached |
11/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | UT | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000099203 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing | Reviewer Comment (2025-11-07): Received Operating
Agreement. Exception cleared. Buyer Comment (2025-11-06): Comment from XXXX (XXXX): See previous uploaded Reviewer Comment (2025-11-05): The operating agreement provided is not signed, please provide signed operating agreement. Buyer Comment (2025-11-05): Comment from XXXX (XXXX): See pervious upload |
11/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | UT | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000099203 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Reviewer Comment (2025-12-09): Received Lease Agreement.
Exception cleared. Seller Comment (2025-12-09): Comment from XXXX (XXXX): See attached Reviewer Comment (2025-11-03): Received Lease Agreement for the property XXXX is already available in the file. Please provide Lease Agreement for the subject property XXXX. Exception remains. Seller Comment (2025-11-03): Comment from XXXX (XXXX): See attached |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | UT | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000099203 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Vesting on Deed does not coincide with Business name and signatures. XXXX. | Reviewer Comment (2025-11-20): Received, Clearing. Seller Comment (2025-11-19): Comment from XXXX (XXXX): See attached this was caught prior to recording. |
11/20/2025 | 1 | C | A | C | A | C | A | C | A | C | A | UT | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000097294 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-03): Clearing based on review
coming back within tolerances. |
11/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000098307 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Buydown Agreement not provided | Reviewer Comment (2025-11-05): Received, Clearing. Seller Comment (2025-11-05): Comment from XXXX (XXXX ): attached. |
11/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Second Home | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| XXXXX | 4000098307 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Buydown Term is missing. | Reviewer Comment (2025-11-05): Received, Clearing. Seller Comment (2025-11-05): Comment from XXXX (XXXX ): attached |
11/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Second Home | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| XXXXX | 4000098307 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-03): Accepted as is. |
11/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Second Home | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000098307 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Compliance | Buydown Subsidy Collected Greater Than Buydown Terms - Buydown Terms Not Considered | HUD/CD reflects Temporary Buydown Amount in the amount of $XXXX . Temporary Buydown Agreement not in file. Unable to determine if temporary buydown amount collected is sufficient per terms of Buydown Agreement Payment Schedule. Additional subsidy or refund/credit of overage may be required if amount collected does not match terms of buydown agreement. | Reviewer Comment (2025-11-05): Received, Clearing. Seller Comment (2025-11-05): Comment from XXXX (XXXX ): attached buydown. |
11/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Second Home | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000098307 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Compliance | Temporary Buydown Agreement Missing | Temporary Buydown Agreement Missing from File. Unable to source buydown terms from alternate documents in file. | Unable to source buydown terms from alternate documents in file. | Reviewer Comment (2025-11-05): Received, Clearing. Seller Comment (2025-11-05): Comment from XXXX (XXXX ): buydown attached. |
11/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Second Home | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000098307 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX . $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Fee increased on Closing Disclosure issued XXXX with no valid change evident. | Reviewer Comment (2025-11-06): XXXX received valid changed circumstance. Seller Comment (2025-11-05): Comment from XXXX (XXXX ): increase in loan amount. |
11/06/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000098307 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX . $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Fee increased on Closing Disclosure issued XXXX with no valid change evident. | Reviewer Comment (2025-11-11): XXXX received valid COC. Buyer Comment (2025-11-10): Comment from XXXX (XXXX ): The fee increased on XXXX . The document you are referencing shows an incorrect issue date of XXXX . The actual issue date is XXXX , as reflected in the print timestamp at the bottom of each page. Reviewer Comment (2025-11-10): XXXX received COC dated XXXX whereas the fee increased on CD dated XXXX for $XXXX . Kindly provide a valid COC for the fee increased or cure due to borrower. Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing. Seller Comment (2025-11-06): Comment from XXXX (XXXX ): Attached are the SSR, CDA invoice, and valid change of circumstance. SSRs were received on XXXX . Underwriting reviewed and advised that, based on the SSR scores, a CDA was required to support the appraised value and meet guideline requirements. The borrower was notified verbally and requested RUSH service to expedite the report in order to close on the property as soon as possible. This qualifies as a valid change of circumstance, and no further documentation should be required. Reviewer Comment (2025-11-06): XXXX received COC dated XXXX . but it does not give sufficient information on requirements of CDA review. Please provide additional information with supporting documentation of the reason for the CDA review and what information was received that required the addition of Review fee and when was that information received. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. Seller Comment (2025-11-05): Comment from XXXX (XXXX ): attached valid coc. |
11/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000096278 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-04): Clearing based on review
coming back within tolerances. |
11/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000096278 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Evidence of receipt of gift funds in the amount of $XXXX is missing from the loan file. | Reviewer Comment (2025-12-04): Received, cleared Seller Comment (2025-12-04): Comment from XXXX (XXXX): revised gift letter upld Reviewer Comment (2025-11-26): The amount of gift funds provided exceeds the funds provided by the gift provider. Seller Comment (2025-11-26): Comment from XXXX (XXXX): evidence of gift funds upld |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000096498 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient. Coverage is short $XXXX . | Reviewer Comment (2025-11-12): Received, Clearing. Seller Comment (2025-11-12): Comment from XXXX XXXX : RCE |
11/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Second Home | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000096498 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-04): Accepted as is. |
11/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NC | Second Home | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000096498 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-11-04): Accepted as is. |
11/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NC | Second Home | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000094696 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Appraisal was not provided to the borrower within 3 business days of consummation. | Reviewer Comment (2025-11-04): Accepted as is. |
11/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000094696 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: AUS not provided | AUS is missing. | Reviewer Comment (2025-11-28): Received, Clearing. Seller Comment (2025-11-28): Comment from XXXX (XXXX): please see the attached revised LP, 1003 and 1008 |
11/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000094696 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | AUS Findings: Investor qualifying total debt ratio discrepancy. | Calculated DTI of XXXX% exceeds tolerance of XXXX%. The AUS is not present in the loan file. | Reviewer Comment (2025-11-28): Received, Clearing. Buyer Comment (2025-11-28): Comment from XXXX (XXXX): please see the attached documents uploaded |
11/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000093926 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) New York Subprime Loan (Escrow Not Established) | XXXX Subprime Loan: Mandatory escrow account not established for the collection of property taxes and insurance. (Note: Does not apply to a subordinate lien when the taxes and insurance are escrowed through another home loan. It also does not apply if the borrower can demonstrate a record of XXXX months of timely payments of taxes and insurance on a previous home loan.) | Final Closing Disclosure in file does not reflect Property Taxes are in Escrow. | Reviewer Comment (2025-11-04): Accepted as is. |
11/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000093926 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Greater than 3 Year ARM Non-Compliant | XXXX Subprime Loan: APR on subject loan ofXXXX% is in excess of allowable threshold of Prime Mortgage Market RateXXXX% + XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | APR on subject loan of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX% + XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | Reviewer Comment (2025-11-04): Accepted as is. |
11/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000093926 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Email pXXXX reflect appraisal sent XXXX. Appraisal effective date is XXXX. | Reviewer Comment (2025-11-04): Accepted as is. |
11/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000093926 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-11-13): XXXX received rebuttal
comment and as per received COC dated XXXX . Seller Comment (2025-11-12): Comment from XXXX (XXXX): program was changed on XXXX and COC was completed, NEW program required CDA/ Appraisal review- thanks |
11/13/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000095558 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $XXXX. Provide updated policy reflecting minimum coverage of $XXXXOR provide copy of insurer's replacement cost estimate supporting current coverage amount. | Reviewer Comment (2026-01-01): Received updated Hazard
Insurance Policy with increased coverage amount. Hence the shortfall is $XXXX
. Exception cleared. Seller Comment (2025-12-31): Comment from XXXX XXXX : ATTACHED |
01/01/2026 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000095558 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Legal Description not provided | Reviewer Comment (2025-11-06): Legal Description received,
exception cleared Seller Comment (2025-11-06): Comment from XXXX XXXX : Attached |
11/06/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000095558 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-06): Clearing based on review
coming back within tolerances. |
11/06/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000095781 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Insurance Verification & Tax Verification missing. | Reviewer Comment (2025-11-07): Tax & Insurance were
included in mortgage payment. Exception cleared. Seller Comment (2025-11-06): Comment from XXXX XXXX : Attached |
11/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Second Home | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| XXXXX | 4000095781 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Appraisal was not provided to the borrower within 3 business days of consummation. | Reviewer Comment (2025-11-06): Accepted as is. Seller Comment (2025-11-06): Comment from XXXX XXXX : Attached |
11/06/2025 | 2 | B | B | B | B | B | B | B | B | B | B | VA | Second Home | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| XXXXX | 4000095781 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of XXXX (APOR) does not match Due Diligence Loan Designation of Higher Priced QM (APOR). | Originator Loan Designation of XXXX QM (APOR) does not match Due Diligence Loan Designation of Higher Priced QM (APOR). | Reviewer Comment (2025-11-06): Restated designation to
Higher Priced (APOR) Buyer Comment (2025-11-06): Comment from XXXX XXXX : We agree that it is a Higher Priced Covered Transaction with Presumption of Compliance Reviewer Comment (2025-11-06): We are coming back as Higher Priced QM (APOR), Agency conforming loans are all run as Safe Harbor QM (APOR). If you agree with Higher Priced QM (APOR) we can re-designate to resolve the exception. Buyer Comment (2025-11-06): Comment from XXXX XXXX : When referencing "Originator Loan Designation of Safe Harbor QM (APOR)" Are you saying ACM delivered this as Safe Harbor? Are you looking for a price adjustment? Can you please provide more information on this suspense and clarify exactly what you guys are needing? |
11/06/2025 | 1 | B | A | C | A | B | A | C | A | B | A | VA | Second Home | Purchase | Lender to provide updated ATR/QM status | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| XXXXX | 4000095781 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Restated Loan Designation Match - QM / ATR | Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Higher Priced QM (APOR) matches the Due Diligence Loan Designation of Higher Priced QM (APOR). | The initial Loan Designation provided did not match, however, the updated Loan Designation of Higher Priced QM (APOR) matches the Due Diligence Loan Designation of Higher Priced QM (APOR). | Reviewer Comment (2025-11-06): Accepted as is. |
11/06/2025 | 2 | A | B | B | B | A | VA | Second Home | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| XXXXX | 4000092994 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2025-11-06): Received, Clearing. Buyer Comment (2025-11-06): Comment from XXXX (XXXX): Documentation provided |
11/06/2025 | 1 | B | A | C | A | B | A | C | A | B | A | IL | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000092994 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay - Residual Income: Investor and Non QM vs Guidelines | Ability to Repay (Dodd-Frank 2014): Investor's calculated residual income amount (XXXX) and calculated Non QM residual amount (XXXX) are both lower than the amount required per the guidelines (XXXX). | Reviewer Comment (2025-11-06): Received, Clearing. Seller Comment (2025-11-06): Comment from XXXX (XXXX): Residual income is XXXX |
11/06/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000096262 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary Title policy does not list coverage amount. | Reviewer Comment (2025-11-05): Received Title company
Escrow Addendum document confirming the policy amount. Exception cleared. Seller Comment (2025-11-05): Comment from XXXX (XXXX): See attached |
11/05/2025 | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000096262 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | There is no evidence of landlord insurance (hazard insurance plus liability) and thus casts doubt on the business purpose of the loan. | Rent loss insurance is required and must equal XXXX months of rent. | Reviewer Comment (2025-11-12): Received Updated Hazard
policy provided the Rent Loss Coverage . Exception cleared. Seller Comment (2025-11-12): Comment from XXXX (XXXX): The loss of use is calculated in coverage |
11/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000095692 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Tax and Insurance Verification is Missing | Reviewer Comment (2025-11-21): Clearing. Buyer Comment (2025-11-21): Comment from XXXX (XXXX): This property is paid by someone else and was excluded. Please waive |
11/21/2025 | 1 | C | A | C | A | C | A | C | A | C | A | UT | Investment | Refinance - Limited Cash-out GSE | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000095692 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient, is short by $XXXX | Reviewer Comment (2025-12-24): Estimated Cost New
provided. Cleared. Seller Comment (2025-12-24): Comment from XXXX XXXX : Providing updated 1004 with Total Estimate of Cost-New completed Reviewer Comment (2025-11-21): Coverage is based on FNMA. Without RCE or Appraisal cost new XXXX of appraised value is used for required coverage. Buyer Comment (2025-11-21): Comment from XXXX (XXXX): Coverage is $XXXX which should be sufficient. Please explain. |
12/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | UT | Investment | Refinance - Limited Cash-out GSE | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000099204 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-11-07): Accepted as is. |
11/07/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Purchase | D | B | D | B | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000099204 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | Reviewer Comment (2025-11-07): Accepted as is. |
11/07/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Purchase | D | B | D | B | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000099204 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | 1003 initial and final were not in file. | Reviewer Comment (2025-11-18): Provided. Cleared. Buyer Comment (2025-11-18): Comment from XXXX XXXX : Why is this being rejected? I see it attached in the remedy. Reviewer Comment (2025-11-18): Not provided in uploaded docs. Exception remains. Seller Comment (2025-11-18): Comment from XXXX : Initial and Final 1003. |
11/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | D | B | D | B | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000099204 | XXXXX | XXXXX | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 | 1003 initial and final were not in file. | Reviewer Comment (2025-11-07): Accepted as is. |
11/07/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Purchase | D | B | D | B | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000099204 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Approval was not in file. | Reviewer Comment (2025-11-18): Provided. Cleared Seller Comment (2025-11-18): Comment from XXXX XXXX : Approval. |
11/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | D | B | D | B | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000099204 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Business Purpose Certificate was not in file. | Reviewer Comment (2025-11-18): BPC provided. Cleared. Seller Comment (2025-11-18): Comment from XXXX : Business purpose certificate. |
11/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | D | B | D | B | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000099204 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | A Guarantor Agreement for LLC signing was not in file. | Reviewer Comment (2025-11-18): Provided. Cleared Seller Comment (2025-11-18): Comment from XXXX : Guaranty |
11/18/2025 | 1 | D | A | D | A | D | A | D | A | D | A | NY | Investment | Purchase | D | B | D | B | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000099204 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Missing Application Date | Missing Initial Loan Application Testing | No evidence of application date located in file. Compliance tests were run using an application date of XXXXwhich is XXXXmonths prior to consummation. A lookback was performed to determine this application date using the following dates: XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX. Lookback testing performed up to one of the following: TRID start date, TIL/MDIA XXXX start date, RESPA XXXX start date, TIL/MDIA XXXX start date, LOS Application Date, Broker Application Date, or six months prior to consummation. | No evidence of application date located in file. The 1003 initial and final are not in file. | Reviewer Comment (2025-11-07): Accepted as is. |
11/07/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Purchase | D | B | D | B | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000099204 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The note must be signed by both the guarantor in their individual capacity and as member(s) and/or managing member of the entity. In cases where there will not be any individual capacity signatures, each applicable guarantor / manager must sign a Personal Guaranty in their individual capacity. | Reviewer Comment (2025-11-18): Guarantee Agreement
provided. Cleared. Buyer Comment (2025-11-18): Comment from XXXX XXXX : Guaranty document was provided. |
11/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | D | B | D | B | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000099204 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | LLC Business ownership is XXXX% and is below Minimum ≥XXXX% business ownership required. A Lender Exception was not located in file. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-11-18): Client elected to
waive/regrade with compensating factors. Lender exception provided. Seller Comment (2025-11-18): Comment from XXXX : Exception |
11/18/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NY | Investment | Purchase | D | B | D | B | B | B | A | A | N/A | N/A | No | |||||||||
| XXXXX | 4000099204 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | PITIA months of reserves is less than guideline PITIA months of reserves of XXXX months. | Reviewer Comment (2025-11-18): Cleared with additional
bank statement. Buyer Comment (2025-11-18): Comment fromXXXX XXXX : The ownership of XXXX % is for XXXX not KXXXX . Documentation in the file shows borrower is XXXX % owner of XXXX which was used solely for assets. Reviewer Comment (2025-11-18): Open XXXX account balance of XXXX excluded from reserves. XXXX % of balance utilized for Business Accounts per ownership. Exception remains. Seller Comment (2025-11-18): Comment from XXXX XXXX : XXXX Asset statement had $XXXX . Borrower is XXXX owner. Less cash to close of XXXX leaves XXXX. PITIA = XXXX . This gives us XXXX months of reserves. This does not includeXXXX account which has another XXXX . |
11/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | D | B | D | B | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000099204 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Verification of business existence and that the business is fully operational/active required withing XXXX calendar days of closing is required. | Reviewer Comment (2025-11-20): Received, Clearing. Seller Comment (2025-11-20): Comment fromXXXX XXXX : VVOE Reviewer Comment (2025-11-18): The guidelines would have to list the bank statement activity can be used as proof which they do not. Buyer Comment (2025-11-18): Comment from XXXX XXXX : The condition reads: a)Verification of business existence and that the business is fully operational / active and b) within ten (10) calendar days of closing. The bank statement shows that there are active deposits/withdrawals as late as XXXX which is XXXX days within closing. Why would that not suffice as business existence? Reviewer Comment (2025-11-18): Per guidelines: Verification of business existence and that the business is fully operational / active required within ten XXXX calendar days of closing. The requirements are that is show a)Verification of business existence and that the business is fully operational / active and b) within ten (10) calendar days of closing. The internet listing has no date on it. Buyer Comment (2025-11-18): Comment from XXXX XXXX : We have evidence of activity via XXXX & Google which have been deemed unsatisfactory. Can you advise what kind of 3rd party verification would suffice? Reviewer Comment (2025-11-18): The internet listing was previously provided, still need the third party verification. Exception remains Seller Comment (2025-11-18): Comment from XXXX XXXX : See internet listing with phone number. Reviewer Comment (2025-11-18): Third party verification required per guides. Exception remains. Seller Comment (2025-11-18): Comment from XXXX XXXX : Attached is bank statement showing activity within XXXX days of closing. |
11/20/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | D | B | D | B | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000098817 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good Standing is missing. | Reviewer Comment (2025-11-21): Received, Clearing. Seller Comment (2025-11-21): Comment from XXXX XXXX : Good Standing |
11/21/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000098817 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing. | Reviewer Comment (2025-11-20): Received, Clearing. Seller Comment (2025-11-20): Comment fromXXXX XXXX : In XXXX Operating agreements are not required. Attached it a copy of the borrowers EIN application reflecting the borrower as the Sole member of the LLC; meaning they are XXXX % owner. This should suffice for this condition. This was also included in the original package uploaded. Reviewer Comment (2025-11-17): Provide operating agreement or documentation to support the percentage of ownership in the LLC Seller Comment (2025-11-17): Comment from XXXX XXXX : cert of formation in place of operating agreement |
11/20/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000098817 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The note and mortgage (deed of trust) must be signed by both guarantor in their individual capacity and as a member of the entity. Please see guidelines for signature requirements. | Reviewer Comment (2025-11-28): Received, Clearing. Seller Comment (2025-11-28): Comment from XXXX XXXX : Guaranty Reviewer Comment (2025-11-26): There is no guaranty agreement in the provided loan file. Buyer Comment (2025-11-26): Comment from XXXX XXXX : XXXX , XXXX pm The documents in question state that Borrower is XXXX and that XXXX signed as Member of borrower, with a guarantee provided. This condition is unnecessary, please waive. |
11/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000089220 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | The file was missing a copy of Fraud Report | Reviewer Comment (2025-11-10): Received Fraud Report.
Exception cleared. Seller Comment (2025-11-10): Comment from XXXX XXXX : Fraud Report |
11/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXXXX | 4000097453 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-11-07): Sufficient Cure Provided At
Closing |
11/07/2025 | 1 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000097453 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire. Fee Amount of $XXXX exceeds tolerance of $XXXX Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-11-07): Sufficient Cure Provided At
Closing |
11/07/2025 | 1 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000096998 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | XXXX (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk. | Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. | Reviewer Comment (2025-11-12): XXXX % of payments used for
student loans per Freddie Mac selling guide |
11/12/2025 | 1 | B | A | C | A | B | A | C | A | B | A | FL | Second Home | Purchase | Lender to provide updated ATR/QM status | C | A | C | A | C | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| XXXXX | 4000096998 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX . Sufficient or excess cure was provided to the borrower at Closing. | XXXX Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX . Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-11-07): Sufficient Cure Provided At
Closing |
11/07/2025 | 1 | A | A | A | A | A | A | A | A | A | A | FL | Second Home | Purchase | Final CD evidences Cure | C | A | C | A | C | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| XXXXX | 4000096998 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Timing Before Closing | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on XXXX not received by borrower at least four (4) business days prior to closing. | Revised Loan Estimate provided on XXXX not received by borrower at least four (4) business days prior to closing. (Interim/XXXX ) | Reviewer Comment (2025-11-13): XXXX received tracking for revised LE. Seller Comment (2025-11-13): Comment fromXXXX XXXX : LOX Reviewer Comment (2025-11-11): XXXX received disclosure tracking for the XXXX LE. Please provide the XXXX LE as it is not located in file. Seller Comment (2025-11-10): Comment from XXXX XXXX : LE |
11/13/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | No Defined Cure | C | A | C | A | C | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||
| XXXXX | 4000096998 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | AUS Findings: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of XXXX % exceeds AUS total debt ratio of XXXX %. | Reviewer Comment (2025-11-12): XXXX % of payments used for
student loans per Freddie Mac selling guide Reviewer Comment (2025-11-12): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX exceeds AUS total debt ratio of XXXX . |
11/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | C | A | C | A | C | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| XXXXX | 4000096998 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Investor Guidelines Violation | General QM: Based on the loan failing one or more guideline components, the loan is at QM risk. | Based on the loan failing one or more guideline components, the loan is at QM risk. | Reviewer Comment (2025-11-12): XXXX % of payments used for
student loans per Freddie Mac selling guide |
11/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | C | A | C | A | C | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| XXXXX | 4000096460 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-11-10): Client elects to waive |
11/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000096460 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Please provide Evidence of funds to access funds from the business account. | Reviewer Comment (2025-12-13): Received, Clearing. Seller Comment (2025-12-12): Comment from XXXX XXXX : Please see attached letter and email. Thank you Reviewer Comment (2025-12-03): The document provided does not list the percentage of ownership, exception remains Seller Comment (2025-12-03): Comment from XXXX XXXX : XXXX is president and as such he has an equity position without holding shares. Attached is the most recent filing with the state and a snippet of the contract dated back inXXXX to confirms funds from business account can be used for business related expenses. Reviewer Comment (2025-11-13): The document received does not verify the borrower's ownership or percentage of ownership of the company. Exception remains Seller Comment (2025-11-13): Comment from XXXX XXXX : Please see the attached document as proof that the borrower owns the business. |
12/13/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100818 | XXXXX | XXXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | Reviewer Comment (2025-11-17): Received, Clearing. Seller Comment (2025-11-14): Comment from XXXX : eConsent |
11/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000097623 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-11-10): Client elects to waive |
11/10/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000097623 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXXplus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | en Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX | Reviewer Comment (2025-11-11): XXXX received LOX for
rebuttal response with bifurcation of recording fee and transfer taxes
disclosed on LE to Final CD and further review the fees are within that
tolerance requirement. Seller Comment (2025-11-10): Comment from XXXX (XXXX): Please see attached |
11/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | B | C | A | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000097623 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | ero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXXexceeds tolerance of $XXXX. | Reviewer Comment (2025-11-11): XXXX received LOX for
rebuttal response with bifurcation of recording fee and transfer taxes
disclosed on LE to Final CD and further review the fees are within that
tolerance requirement. Seller Comment (2025-11-10): Comment from XXXX (XXXX): Please see attached. |
11/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | B | C | A | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000097623 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than 90 days prior to the note date. | - | As per guideline, all credit documents including credit report, income docs, and asset statements must be dated no more than XXXXdays prior to the note date. | Reviewer Comment (2026-01-06): Lender exception to use out
of date CBR, cleared Seller Comment (2026-01-06): Comment from XXXX (XXXX): variance approval |
01/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000097623 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception to use XXXX day XXXX | Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-06): Lender exception
approved |
01/06/2026 | 2 | B | B | B | B | B | NY | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||||
| XXXXX | 4000101212 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Guidelines require XXXX months housing history for all occupancy types. Missing document to verify XXXX month mortgage payment for borrower's current residence at XXXX and also rent free letter is required for prior residence at XXXX | Reviewer Comment (2025-12-15): Received one Month Mortgage
statement and Rent free letter. Exception cleared. Seller Comment (2025-12-15): Comment from XXXX (XXXX): Rent free letter Reviewer Comment (2025-12-02): Received the one month mortgage payment, still need rent free letter for previous residence Seller Comment (2025-12-02): Comment from XXXX (XXXX): October proof of payment Reviewer Comment (2025-11-19): Received Verification of Mortgage for subject property XXXX . Please provide document to verify 1 month mortgage payment for borrower's current residence at XXXX and also provide rent free letter for prior residence at XXXX . Exception remains. Seller Comment (2025-11-19): Comment from XXXX (XXXX): Please see attached VOM and LOE |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | D | A | WA | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100666 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2025-11-11): Received CDA. Exception
cleared. Seller Comment (2025-11-10): Comment from XXXX XXXX : CDA value $XXXX . Appraisal value $XXXX |
11/11/2025 | 1 | D | A | D | A | D | A | D | A | D | A | NY | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 4000100666 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | The file was missing a copy of Fraud Report | Reviewer Comment (2025-11-10): Received Fraud Report.
Exception cleared. Seller Comment (2025-11-10): Comment from XXXX XXXX : Fraud report uploaded |
11/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | N/A | No | ||||||||||||||
| XXXXX | 4000096437 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2025-11-10): Client elects to waive |
11/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | DC | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000100289 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary title policy amount is blank. XXXX loan and document reflects the loan amount and not the insured amount. |
Reviewer Comment (2025-11-10): Client elects to waive |
11/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | A | A | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000101028 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-11-10): Accepted as is per
client |
11/10/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000101028 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) New York Subprime Loan (Escrow Not Established) | XXXX Subprime Loan: Mandatory escrow account not established for the collection of property taxes and insurance. (Note: Does not apply to a subordinate lien when the taxes and insurance are escrowed through another home loan. It also does not apply if the borrower can demonstrate a record of XXXX months of timely payments of taxes and insurance on a previous home loan.) | Reviewer Comment (2025-11-10): Accepted as is per
client |
11/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000101028 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX + XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | Reviewer Comment (2025-11-10): Accepted as is per
client |
11/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000101028 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). | The disclosed Amount Financed in the amount of $XXXXis over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX | Reviewer Comment (2025-12-23): XXXX received Letter of
Explanation, Proof of Delivery, Corrected CD. Seller Comment (2025-12-22): Comment from XXXX (XXXX): Please see attached Reviewer Comment (2025-12-03): XXXX does include the Title-Courier/Wire Fee of XXXX in Section C and the Title-Recognition Agreements of XXXX in Section C as finance charges. These are fees that are typically related to the extension of credit and not charged in a like cash transaction. If lender disagrees, they can provide a lender attestation giving the specific services & purpose of the fees for additional review. Otherwise, cure would be Corrected CD, LOE to borrower, copy of cure refund for total underdisclosure of $XXXX and proof of mailing. Buyer Comment (2025-12-02): Comment from XXXX (XXXX): Our Calculations include the Closing Fee and Settlement fee as APR fees. Please advise if your calculations include Recognition and Courier fees as APR fees, as we do not. Reviewer Comment (2025-11-18): The under disclosure appears to be due to two settlement/closing fees. One in section B for XXXX and one in section C for XXXX . Please provide documentation of purpose for both fees for review. Buyer Comment (2025-11-17): Comment from XXXX (XXXX): Please advise which fees are being included in calculation |
12/23/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NY | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000101028 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXXdisclosed an inaccurate Finance Charge on page XXXX that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXXthreshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). | The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX | Reviewer Comment (2025-12-23): XXXX received Letter of
Explanation, Proof of Delivery, Corrected CD. Seller Comment (2025-12-22): Comment from XXXX (XXXX): Please see attached |
12/23/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NY | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000100994 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2025-11-11): Client elects to waive |
11/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000100994 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2025-11-11): Client elects to waive |
11/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000100994 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. | Reviewer Comment (2025-12-04): HPML 2nd appraisal fee
cured. Buyer Comment (2025-12-04): Comment from XXXX (XXXX): Please clear as all othr conditions have been cleared. |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000100994 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Flipped Property - Borrower Charged for 2 Appraisals) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Flipped Property - Creditor improperly charged consumer for two (2) appraisals. | Reviewer Comment (2025-12-04): Received, copy of the
Refund Check, Proof of Delivery, and Cover Letter. Buyer Comment (2025-12-04): Comment from XXXX (XXXX): This has been delivered as of XXXX at 2pm Reviewer Comment (2025-12-02): Please requeue the exception once the documentation has been delivered to the borrower. Seller Comment (2025-12-01): Comment from XXXX (XXXX): Please see attached |
12/04/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NJ | Primary | Purchase | Provide evidence of the refund of the amount charged to the consumer for the second appraisal performed on the subject property. (Include a copy of the Refund Check, Proof of Delivery, and Cover Letter) | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | Yes | ||||||||||
| XXXXX | 4000100994 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-11-11): Client elects to waive |
11/11/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000100994 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Missing Document: Flood Insurance Policy not provided | Reviewer Comment (2025-11-17): Received, Clearing. Seller Comment (2025-11-17): Comment from XXXX (XXXX): Please see attached |
11/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||||
| XXXXX | 4000100333 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-11): Cleared based on review
coming back within tolerances |
11/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000088743 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-11-11): Client elects to waive |
11/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | B | B | B | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000099408 | XXXXX | XXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ | The Hazard Insurance Policy Effective Date is after the later of the note or transaction date. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The qualifying DTI on the loan is less than or equal to 35%. The representative FICO score exceeds the guideline minimum by at least 40 points. The representative FICO score is above 680. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-11-18): LOE of no claims filed
received. Seller Comment (2025-11-18): Comment from XXXX (XXXX): Letter |
11/18/2025 | 2 | C | B | C | B | C | B | C | B | C | B | UT | Second Home | Purchase | D | B | D | B | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||
| XXXXX | 4000099408 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument - subject lien not provided | Reviewer Comment (2025-11-12): Security Instrument
provided. Cleared. Seller Comment (2025-11-12): Comment from XXXX (XXXX): RDOT |
11/12/2025 | 1 | D | A | D | A | D | A | D | A | D | A | UT | Second Home | Purchase | D | B | D | B | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000099408 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to the applicant three business days prior to consummation. | Reviewer Comment (2025-11-11): Client elects to waive |
11/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | UT | Second Home | Purchase | D | B | D | B | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000096397 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file, Please provide final policy with coverage equal to the loan amount. | Reviewer Comment (2025-11-11): Client elects to waive |
11/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | OH | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000098117 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-11-11): Sufficient Cure Provided At
Closing |
11/11/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000097583 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-11): Cleared based on review
coming back within tolerances |
11/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000097583 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount | Reviewer Comment (2025-11-11): Client elects to waive |
11/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000100976 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-11): Cleared based on review
coming back within tolerances |
11/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||||
| XXXXX | 4000100976 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. | Missing evidence the appraisal was received by the borrower at least 3 business days prior to closing | Reviewer Comment (2025-12-05): Received, Clearing. |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000100976 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | TIL Higher Priced Mortgage Loan Safe Harbor Test | TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. | Missing evidence the appraisal was received by the borrower at least 3 business days prior to closing | Reviewer Comment (2025-11-12): Accepted as is. |
11/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000100976 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-05): Received, Clearing. Seller Comment (2025-12-05): Comment from XXXX (XXXX): Please see attached cert of completion that reflects the subject was Appraisal Acknowledgement. Appraisal was a transfer, this was provided to us from broker as acknowledgement. Date was from XXXX Reviewer Comment (2025-12-04): The letter received provides the borrower received the appraisal but doesn't confirm the date received was at least three XXXX business days prior to consummation. Seller Comment (2025-12-04): Comment from XXXX XXXX : Please see attached Reviewer Comment (2025-11-20): HPML issue as Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Valid exception. Buyer Comment (2025-11-20): Comment from XXXX (XXXX): Please clear condition as other condition regarding appraisal deliver was cleared. |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000100976 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-11-12): Accepted as is. |
11/12/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000100976 | XXXXX | XXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Title policy is missing. | Reviewer Comment (2025-11-26): Received, Clearing. Seller Comment (2025-11-26): Comment from XXXX (XXXX): Please see attached |
11/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000100976 | XXXXX | XXXXX | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. | Hazard Insurance policy does not list Servicer or Successors and Assigns. | Reviewer Comment (2025-12-05): Received, Clearing. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Please see attached |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000100976 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-11-12): Accepted as is. |
11/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000100976 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Property Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-11-24): XXXX received rebuttal
comment and as per COC provided. Buyer Comment (2025-11-21): Comment from XXXX (XXXX): PCI fee is required on all loans with a transferred appraisal. Reviewer Comment (2025-11-21): XXXX received Changed Circumstance dated XXXX , but it does not give sufficient information on why the property inspection fee was added. In order to determine if the changed circumstance is valid more information is necessary on reason fee added and when lender became aware of the change. A valid COC or cure is required. Cure documents consist of PCCD, LOE, proof of mailing and copy of refund check. Seller Comment (2025-11-20): Comment from XXXX (XXXX): Please see correct COC. |
11/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000100872 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX . Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-11-11): Sufficient Cure Provided At
Closing |
11/11/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | Final CD evidences Cure | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | Yes | ||||||||||
| XXXXX | 4000100872 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure XXXX on a first lien purchase transaction did not disclose any Seller paid fees/charges on pageXXXX . | Final Closing Disclosure XXXX on a first lien purchase transaction did not disclose any Seller paid fees/charges on page XXXX . | Reviewer Comment (2025-11-18): XXXX received seller CD and as per contract and
confirmation from settlement agent. No seller paid fees. Seller Comment (2025-11-17): Comment from XXXX XXXX : Please see attached seller CD, per contract of sale, transfer fees were paid by borrower. also please see email from settlement agent confirming. |
11/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000100872 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-11-12): Client elects to waive |
11/12/2025 | 2 | A | A | A | A | A | NY | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXX | 4000101027 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Mismatch of data related to Occupancy. | - | Updated and Verified as per Final 1003. | Reviewer Comment (2025-12-27): Received, Clearing. Seller Comment (2025-12-26): Comment from XXXX (XXXX): Please see attached Reviewer Comment (2025-12-04): Updated 1003 needs to be signed by the borrower. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Please see atrtached |
12/27/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Second Home | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000101027 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-11-11): Client elects to waive |
11/11/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NY | Second Home | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000097701 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | There was a FEMA Disaster Declaration dated XXXX. The subject property is located in a FEMA Disaster area. A post disaster inspection report is needed verifying there is no damage to the subject. The post disaster inspection report must be dated after the disaster declaration end date. | Reviewer Comment (2025-11-14): Received, Clearing. |
11/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | SC | Second Home | Purchase | D | B | C | A | A | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000097701 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36 | Reviewer Comment (2025-12-04): AVM received and supports
value Seller Comment (2025-12-04): Comment from XXXX (XXXX): HVE |
12/04/2025 | 1 | D | A | B | A | D | A | C | A | D | A | SC | Second Home | Purchase | D | B | C | A | A | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| XXXXX | 4000097701 | XXXXX | XXXXX | Property | Valuation | General | Valuation | Valuation Product pending | XXXX/ Post Disaster Inspection + XXXX - 5 Days | Reviewer Comment (2025-11-14): Received, Clearing. Reviewer Comment (2025-11-14): Valuation Received - XXXX |
11/14/2025 | 1 | A | A | A | A | A | SC | Second Home | Purchase | D | B | C | A | A | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000097701 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-04): Client elects to waive |
12/04/2025 | 2 | B | B | B | B | B | SC | Second Home | Purchase | D | B | C | A | A | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000097701 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-04): Client elects to waive |
12/04/2025 | 2 | B | B | B | B | B | SC | Second Home | Purchase | D | B | C | A | A | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000099655 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception for use calculated income rather than income on initial 1003 DTI 51 with stated income on initial 1003. DTI less than XXXX with calculated income. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-11-11): Client elected to
waive/regrade with compensating factors. Lender exception provided. |
11/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NH | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | N/A | No | |||||||||
| XXXXX | 4000099655 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than 90 days prior to the note date. | - | Credit Report is dated XXXX. The Note date is XXXX. | Reviewer Comment (2025-12-16): Soft pull received with mid
score of XXXX Seller Comment (2025-12-16): Comment from XXXX (XXXX): soft pull with score uploaded Reviewer Comment (2025-12-05): The exception stated soft pull must have credit score that shows >XXXX . The soft pull provided has no credit score listed. Seller Comment (2025-12-05): Comment from XXXX (XXXX): Soft Pull uploaded! Reviewer Comment (2025-12-02): Exception approval received however it is conditional based on completing a soft pull credit report. Please provide Seller Comment (2025-12-01): Comment from XXXX (XXXX): approved exception form uploaded! Reviewer Comment (2025-11-14): Received Lender Exception however decision is not confirmed. Exception remains. Seller Comment (2025-11-13): Comment from XXXX (XXXX): Exception Form |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NH | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000097850 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: 22 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-12): Accepted as is. |
11/12/2025 | 2 | A | A | A | A | A | A | A | A | B | B | NC | Investment | Purchase | B | B | A | A | B | B | N/A | No | ||||||||||||||
| XXXXX | 4000099640 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-12): Clearing based on review
coming back within tolerances. |
11/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100080 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | There is no lease in place for the subject property and the absence of this document casts doubt on business purpose of loan. | Lease agreement is required for a cash out refinance. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-18): Client elected to
waive/regrade with compensating factors. Lender exception provided. Seller Comment (2025-12-18): Comment from XXXX (XXXX): Additional exceptions received Reviewer Comment (2025-12-03): Please submit online via XXXX online seller portal for a formal review. Exception remains. (XXXX) Seller Comment (2025-12-03): Comment from XXXX (XXXX): Inherited property Reviewer Comment (2025-11-17): Per guidelines: Vacant properties not eligible for Refinance with exception of properties currently vacant due to the subject property having undergone recent renovation or rehab, with the intention of being rented out soon. Support of this must be provided via the appraiser confirming recent work completed and providing visual evidence. In scenarios like this, market rent from the 1007 schedule in the property appraisal may be used to qualify. An exception from the buyer is required. Seller Comment (2025-11-17): Comment from XXXX (XXXX): LOX regarding property |
12/18/2025 | 2 | C | B | C | B | C | B | C | B | C | B | AZ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000100080 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2025-11-12): Accepted as is. |
11/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000100080 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The subject has agriculture features with horse stables and corral. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-18): Client elected to
waive/regrade with compensating factors. Lender exception provided. Seller Comment (2025-12-18): Comment from XXXX (XXXX): Income not generated with agri features Reviewer Comment (2025-12-03): Please submit online via XXXX online seller portal for a formal review. Exception remains. (XXXX) Seller Comment (2025-12-03): Comment from XXXX (XXXX): Inherited property |
12/18/2025 | 2 | C | B | C | B | C | B | C | B | C | B | AZ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000097594 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - 1-4 Family not provided | Signed page is missing for Rider - XXXX | Reviewer Comment (2025-11-14): Received Rider - 1-4
Family. Exception cleared. Seller Comment (2025-11-14): Comment from XXXX XXXX : Complete 1-4 Family Rider |
11/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000097594 | XXXXX | XXXXX | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. | Rural investment property transactions are ineligible per client | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $XXXX . Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $XXXX . The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-11-14): Client elected to
waive/regrade with compensating factors. Lender exception provided. Seller Comment (2025-11-14): Comment from XXXX XXXX : Exception |
11/14/2025 | 2 | C | B | C | B | C | B | C | B | C | B | TN | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | N/A | No | |||||||||
| XXXXX | 4000097594 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Per guidelines, rural properties that are non-owner occupied are ineligible. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $XXXX . Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $XXXX . The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-11-14): Client elected to
waive/regrade with compensating factors. Lender exception provided. Seller Comment (2025-11-14): Comment from XXXX XXXX : Exception |
11/14/2025 | 2 | C | B | C | B | C | B | C | B | C | B | TN | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | N/A | No | |||||||||
| XXXXX | 4000098913 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-12): Clearing based on review
coming back within tolerances. |
11/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Second Home | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000098913 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | The file did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost, the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX | Reviewer Comment (2025-12-10): Received Replacement Cost
Estimator. Exception cleared. Seller Comment (2025-12-10): Comment from XXXX (XXXX): RCE provided |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Second Home | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000098913 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). | The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX | Reviewer Comment (2025-11-25): XXXX received Letter of
Explanation, Proof of Delivery, Refund check & Corrected CD Seller Comment (2025-11-24): Comment from XXXX (XXXX): See attached Reviewer Comment (2025-11-19): Per TRID Grid 4.0, Remediation Considerations, ROW 7…Note, inaccurate APR, Finance Charge, or TOP resulting from fee-related under disclosures will require a refund check to cure and cannot be cured with a loan modification (principal curtailments are not permissible). Cure required for finance charge cure is XXXX Buyer Comment (2025-11-18): Comment from XXXX (XXXX): Will principal reducion be acceptable Cure and can you please confirm the total cure amount for both conditions. Reviewer Comment (2025-11-13): EXCEPTION HISTORY - Exception Detail was updated on XXXX PRIOR Exception Detail: TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX . (Final/XXXX Reviewer Comment (2025-11-13): XXXX received XXXX revised CD & Changed circumstance. However, this does not address this violation. The final CD issued XXXX underdisclosed the Finance Charges by $XXXX . It appears two issues related to the finance charge. Payment stream on lender's XXXX reflect the 1st change was calculated an incorrect rate calculation. $XXXX in month 85 appears to be calculated at XXXX %. However, the Index used of XXXX % based on XXXX index, as per lender's XXXX report, adding margin XXXX% would equal XXXX % which is then rounded to nearest .XXXX %, per promissory note, which would be XXXX %. Calculating the P&I of $XXXX appears to be based on an 8% rate. XXXX calculates at theXXXX % and P&I of $XXXX . Additionally the lender's Itemization of finance charges appears to have included additional seller credits allocated towards finance charges over the Client's lump sum lender/seller credits calculations to test based on Non-Finance charge then Finance Charge waterfall and only allowed $XXXX in credits to offset the Finance Charges. Lender's XXXX report does not confirm the ARM first change rate calculation and XXXX is utilizing the index noted in the same XXXX report for calculations. In regard to the Client's testing method on lump sum credits, to address the exception a PCCD & LOE to borrower, showing the charges as seller, or lender, paid on page 2, should be provided. The lender/seller paid charges can then be credited and re-tested. As for the ARM first change calculation, lender can provide further documentation to support their first change calculation, otherwise, cure is due to borrower. Based on current testing calculations, a cure refund check of $XXXX to borrower would be required along with a Corrected CD, LOE to borrower & proof of mailing. Seller Comment (2025-11-12): Comment from XXXX (XXXX): See attached |
11/25/2025 | 2 | C | B | C | B | C | B | C | B | C | B | AZ | Second Home | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000098913 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX). The disclosed Total of Payments in the amount of $XXXX is under disclosed by $XXXX compared to the calculated total of payments of $XXXX which exceeds the $XXXX threshold. | The disclosed Total of Payments in the amount of $XXXX is under disclosed by $XXXX | Reviewer Comment (2025-11-25): XXXX received Letter of
Explanation, Proof of Delivery, Refund check & Corrected CD Seller Comment (2025-11-24): Comment from XXXX (XXXX): See attached Reviewer Comment (2025-11-20): TOP total underdisclosure on Final CD was $XXXX . A principal reduction on a material disclosure violation is not acceptable. Per TRID GRID 4.0 under Remediation Row 7, principal reduction is not a satisfactory form of cure for a material disclosure violation. Borrower must be refunded via check. Corrected CD, LOE to borrower, copy of cure refund of $XXXX and proof of mailing. Buyer Comment (2025-11-19): Comment from XXXX (XXXX): Will principal reducion be acceptable Cure and can you please confirm the total cure amount for this condition. Reviewer Comment (2025-11-13): EXCEPTION HISTORY - Exception Detail was updated on XXXX PRIOR Exception Detail: TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX . The disclosed Total of Payments in the amount of $XXXX is under disclosed by $XXXX compared to the calculated total of payments of $XXXX which exceeds the $XXXX threshold. XXXX Reviewer Comment (2025-11-13): XXXX received XXXX revised CD & Changed circumstance. However, this does not address this violation. The final CD issued XXXX underdisclosed the TOP by $XXXX . The issue appears related to Payment stream. On lender's XXXX compliance report, the reflected 1st change was calculated an incorrect rate calculation. $XXXX in month 85 appears to be calculated at XXXX %. However, the Index used of XXXX % based on XXXX index, as per lender's XXXX report, adding margin XXXX % would equal XXXX % which is then rounded to nearest .XXXX %, per promissory note, which would be XXXX %. Calculating the P&I of $XXXX appears to be based on an XXXX% rate. XXXX calculates at theXXXX % and P&I of $XXXX . Lender's XXXX report does not confirm the ARM first change rate calculation and XXXX is utilizing the index noted in the same XXXX report for calculations. For the ARM first change calculation, lender can provide further documentation to support their first change calculation, otherwise, cure is due to borrower. Based on current testing calculations, a cure refund check of $XXXX to borrower would be required along with a Corrected CD, LOE to borrower & proof of mailing. Seller Comment (2025-11-12): Comment from XXXX (XXXX): See attached |
11/25/2025 | 2 | C | B | C | B | C | B | C | B | C | B | AZ | Second Home | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000098913 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No Cure provided | Reviewer Comment (2025-11-13): XXXX received valid COC
document Seller Comment (2025-11-12): Comment from XXXX (XXXX): See attached |
11/13/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000096053 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | The file was missing a copy of Corporate Resolution or operating agreement. | Reviewer Comment (2025-11-17): Received, Clearing. Seller Comment (2025-11-17): Comment from XXXX (XXXX): Corporate Resolution |
11/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000096053 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Rent loss coverage must equal at least XXXX months of monthly rents. | Reviewer Comment (2025-11-14): XXXX mos rent loss provided. Cleared. Seller Comment (2025-11-14): Comment from XXXX (XXXX): POLICY PG 10 |
11/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000096053 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Reviewer Comment (2025-12-08): Received Guarantor
Agreement. Exception cleared. Seller Comment (2025-12-08): Comment from XXXX (XXXX): Guarantor Agreement uploaded in misc docs |
12/08/2025 | 1 | A | A | A | A | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXX | 4000094327 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2025-11-13): Accepted as is. |
11/13/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MI | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000094327 | XXXXX | XXXXX | Credit | Guideline | Guideline Issue | Guideline | Short Term Rental property consistently used as a seasonal or vacation rental (i.e., AirBnB) and evidence of at least 12 months of Operating History is not present in the loan file. | Reviewer Comment (2025-12-17): Received Vacation Rental
Income Statement. Exception cleared Seller Comment (2025-12-17): Comment from XXXX (XXXX): XXXX Report Reviewer Comment (2025-12-01): STR documentation requirements XXXX - STR income may be documented using a supplemental appraisal form completed by the licensed appraiser who performed the original appraisal. This form must accompany and be a part of the original appraisal. Supplemental appraisal form is missing. Seller Comment (2025-12-01): Comment from XXXX (XXXX): Market rent from the 1007 was used and we should not need another report in this case. We are also only at a XXXX % LTV which fits the guidelines for a unleased property. Reviewer Comment (2025-11-20): Guidelines state: Refinances: Gross rent is the lower of: - XXXX % of the 1007 market rent from the appraisal, OR the supplement appraisal form completed by the appraiser of record reporting Short Term Rental Income, OR - The Actual 12-month STR income history, as supported by documentation from XXXX, XXXX, XXXX, or a third-party property management provider. As we need the lower of the two of actual XXXX month history or 1007. Without XXXX month history an exception from the buyer is needed for refi's. Seller Comment (2025-11-20): Comment from XXXX (XXXX): We used the Narrative from the Appraisal. We did not use a XXXX, XXXX, or XXXX report. The Appraisal is based on past history so the additional reports are not required. This was a completed as a separate form using the 1007. See Below. STR income may be documented using a supplemental appraisal form completed by the licensed appraiser who performed the original appraisal. This form must accompany and be a part of the original appraisal |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000095309 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | FACTA | FACTA Disclosure Missing | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure. | Creditor did not provide FACTA Credit Score Disclosure. | Reviewer Comment (2025-11-14): Accepted as is. |
11/14/2025 | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000095309 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application | RESPA Disclosure Rule (Dodd-Frank 2014): List of Homeownership Counseling Organizations not provided to applicant within three (3) business days of application. | Verified signed at closing | Reviewer Comment (2025-11-14): Accepted as is. |
11/14/2025 | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000098778 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-13): Clearing based on review
coming back within tolerances. |
11/13/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000099979 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-11-14): Accepted as is. |
11/14/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TN | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000099979 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Mortgage Statement is missing. | Reviewer Comment (2025-12-05): Received, Clearing. Seller Comment (2025-12-05): Comment from XXXX (XXXX): XXXX Final CD Reviewer Comment (2025-11-25): Still missing the mortgage statement. Reviewer Comment (2025-11-25): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Lease Agreement, Statement Seller Comment (2025-11-25): Comment from XXXX (XXXX): Rent schedule |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000098856 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance for the subject property is required | Reviewer Comment (2025-12-04): Received, Clearing. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Please see highlighted section of page 2. Would you accept the coverage shown stating actual loss? Reviewer Comment (2025-11-20): XXXX loss of use doesn't cover 6 months of rent. Seller Comment (2025-11-20): Comment from XXXX (XXXX): Rent Loss |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000098170 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-14): Clearing based on review
coming back within tolerances. |
11/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | D | B | C | B | C | A | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000098170 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2025-11-20): CDA provided. Cleared. Seller Comment (2025-11-20): Comment from XXXX XXXX : Secondary valuation |
11/20/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Purchase | D | B | C | B | C | A | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000098170 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided | The file is missing copy of Flood Certificate Report | Reviewer Comment (2025-11-18): Received Flood Certificate.
Exception cleared. Seller Comment (2025-11-18): Comment from XXXX XXXX : flood cert |
11/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | D | B | C | B | C | A | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000098170 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | The file is missing copy of Fraud Report . | Reviewer Comment (2025-11-18): Received Fraud Report.
Exception cleared. Seller Comment (2025-11-18): Comment from XXXX XXXX : fraud |
11/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | D | B | C | B | C | A | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000098170 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2025-12-09): Received, Clearing. Reviewer Comment (2025-11-24): Failing due to short reserves and LYV violation. Seller Comment (2025-11-24): Comment from XXXX XXXX : Cleared XXXX |
12/09/2025 | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | D | B | C | B | C | A | D | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000098170 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Based on the loan failing one or more guideline components, the loan is at ATR risk. | Reviewer Comment (2025-12-09): Received, Clearing Reviewer Comment (2025-11-24): Failing due to short reserves and LYV violation. Seller Comment (2025-11-24): Comment from XXXX XXXX : Cleared XXXX |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | D | B | C | B | C | A | D | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000098170 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Reviewer Comment (2025-11-21): XXXX received CD dated
102/72/025 Seller Comment (2025-11-20): Comment from XXXX XXXX : Initial Closing Disclosure |
11/21/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | No Defined Cure | D | B | C | B | C | A | D | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000098170 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | Verification(s) of employment is not within 10 business days of the Note. | Reviewer Comment (2025-11-20): VVOE Provided. Cleared. Seller Comment (2025-11-20): Comment from XXXX XXXX : VVOE dated XXXX |
11/20/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | D | B | C | B | C | A | D | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000098170 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | XXXX does not currently offer a WVOE program. | Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-11): Client elected to
waive/regrade with compensating factors. Lender exception provided. Seller Comment (2025-12-11): Comment from XXXX XXXX : XXXX Exception for not having WVOE program |
12/11/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | D | B | C | B | C | A | D | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000098170 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | File is missing VOR for current residence, as required per guidelines. | Reviewer Comment (2025-11-18): Provided. Cleared. Seller Comment (2025-11-18): Comment from XXXX XXXX : vor |
11/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | D | B | C | B | C | A | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000098170 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | XXXX% Reduction for Declining Market, per guides | Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-09): Buyer elects to waive. |
12/09/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | D | B | C | B | C | A | D | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000098170 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Reviewer Comment (2025-12-13): Received, Clearing. Seller Comment (2025-12-12): Comment from XXXX XXXX : Reserves attached these were used to clear finding Reviewer Comment (2025-12-11): We are not XXXX. Another TPR clearing reserves wouldn't resolve this TPRs finding. Seller Comment (2025-12-11): Comment from XXXX XXXX : PDF of Reserve Finding being cleared by XXXX Reviewer Comment (2025-12-10): Closed in error. Reviewer Comment (2025-12-09): Buyer elects to waive. Reviewer Comment (2025-12-05): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of XXXX. |
12/13/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | D | B | C | B | C | A | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000096178 | XXXXX | XXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Reviewer Comment (2025-12-01): Title provided. Cleared. Seller Comment (2025-12-01): Comment from XXXX XXXX : Commitment |
12/01/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Second Home | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000096178 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2025-12-01): After further review, DTI
meets guidelines Seller Comment (2025-12-01): Comment from XXXX XXXX : Mavient |
12/01/2025 | 1 | B | A | C | A | B | A | C | A | B | A | NC | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000096178 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of XXXX% moderately exceeds the guideline maximum of XXXX%. (DTI Exception is eligible to be regraded with compensating factors.) | The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of XXXX% moderately exceeds the guideline maximum of XXXX%. (DTI Exception is eligible to be regraded with compensating factors. Verified debt $XXXX/ Income $XXXX. | Reviewer Comment (2025-12-01): After further review, DTI
meets guidelines Reviewer Comment (2025-12-01): EXCEPTION HISTORY - Exception Detail was updated on XXXX PRIOR Exception Detail: Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of XXXX % moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) Seller Comment (2025-12-01): Comment from XXXX XXXX : 1008 |
12/01/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Second Home | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000096178 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Reviewer Comment (2025-11-17): Accepted as is. |
11/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NC | Second Home | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000096178 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing | Reviewer Comment (2025-12-12): XXXX received initial
CD. Seller Comment (2025-12-11): Comment from XXXX XXXX : ICD has been provided confirming it was sent on XXXX and esigned by both borrowers on XXXX , loan closed XXXX , this was well before the 3 day requirement |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Second Home | Purchase | No Defined Cure | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000096178 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File | TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $XXXX may be required. | Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $XXXXmay be required. | Reviewer Comment (2025-12-02): XXXX received LE dated XXXX
. Seller Comment (2025-12-01): Comment from XXXX XXXX : Attaching LE |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Second Home | Purchase | No Defined Cure | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000096178 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of XXXX% exceeds Guideline total debt ratio of XXXX%. | Reviewer Comment (2025-12-01): After further review, DTI
meets guidelines Reviewer Comment (2025-12-01): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX% exceeds Guideline total debt ratio of XXXX%. Seller Comment (2025-12-01): Comment from XXXX XXXX : 1008 with under 50% DTI |
12/01/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Second Home | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000096178 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Based on the loan failing one or more guideline components, the loan is at ATR risk. | Reviewer Comment (2025-12-01): After further review, DTI
meets guidelines Seller Comment (2025-12-01): Comment from XXXX XXXX : Passing Mavient |
12/01/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Second Home | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000096178 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Loan Estimate Timing | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. | The timing for the LE under § 1026.19(e)(1)(iii) is three business days from application. Initial LE issued XXXX. On this loan, the LE should have been issued within 3 business days of the broker application date of XXXX. | Reviewer Comment (2025-12-12): XXXX received initial
LE. Seller Comment (2025-12-11): Comment from XXXX XXXX : LE 3 days before |
12/12/2025 | 1 | A | A | A | A | A | NC | Second Home | Purchase | No Defined Cure | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||||
| XXXXX | 4000096178 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Discount point fee increased from $XXXX to $XXXX without VCCs. A valid COC for the fee increased or Cure is required to borrower. | Reviewer Comment (2025-12-30): XXXX received a valid
COC. Seller Comment (2025-12-29): Comment from XXXX XXXX : See attached COC disclosed to borrower on XXXX for Discount point increase from $XXXX due to loan lock change. |
12/30/2025 | 1 | A | A | A | A | A | NC | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||||||
| XXXXX | 4000096178 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Cure provided at closing insufficient to cure for all the citied 0% tolerance exception. | Reviewer Comment (2025-12-30): Sufficient cure provided.
Full cure amount for tolerance violation was provided at or before closing
(on final CD) resulting in a cleared exception. Buyer Comment (2025-12-29): Comment from XXXX XXXX : lender cure of $XXXX was provided for increase and was present on final CD (Total cure breakdown $XXXX credit report fee and $XXXX Verification Fee) |
12/30/2025 | 1 | A | A | A | A | A | NC | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||||||
| XXXXX | 4000096178 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Cure provided at closing insufficient to cure for all the citied 0% tolerance exception. | Reviewer Comment (2025-12-30): Sufficient cure provided.
Full cure amount for tolerance violation was provided at or before closing
(on final CD) resulting in a cleared exception. Buyer Comment (2025-12-29): Comment from XXXX XXXX : lender cure of $XXXX was provided for increase and was present on final CD (Total cure breakdown $XXXX credit report fee and $XXXX Verification Fee) |
12/30/2025 | 1 | A | A | A | A | A | NC | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||||||
| XXXXX | 4000096178 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-30): Sufficient Cure Provided At
Closing |
12/30/2025 | 1 | A | A | A | A | A | NC | Second Home | Purchase | Final CD evidences Cure | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||||||||
| XXXXX | 4000096178 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-30): Sufficient Cure Provided At
Closing |
12/30/2025 | 1 | A | A | A | A | A | NC | Second Home | Purchase | Final CD evidences Cure | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||||||||
| XXXXX | 4000098529 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. | Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-11-19): XXXX received valid changed
circusmtance. Seller Comment (2025-11-19): Comment from XXXX (XXXX): NOLC |
11/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000098529 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Ten Percent Fee Tolerance exceeded. Total amount of $XXXXexceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-11-24): XXXX received COC and POA
approval docs. Seller Comment (2025-11-21): Comment from XXXX (XXXX): Was not received or approved until XXXX - See POA Approval checklist approval date Reviewer Comment (2025-11-19): XXXX received valid COC dated XXXX indicates that POA used at signing for 2 parties. However, POA document present in the loan file at the time of application due to the document was executed on XXXX . but the POA recording fee was not added until XXXX . This is outside of the required three-day timeline for notification of borrower. Cure is required. Seller Comment (2025-11-19): Comment from XXXX (XXXX): NOLC |
11/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000098529 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Loan Discount Points increased on XXXX Closing Disclosure with no valid change of circumstance in file . | Reviewer Comment (2025-11-19): XXXX received valid changed
circumstance. Seller Comment (2025-11-19): Comment from XXXX (XXXX): NOLC |
11/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000098529 | XXXXX | XXXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | Missing electronic consent. | Reviewer Comment (2025-11-19): Received E-Sign Consent
Agreement. Exception cleared. Seller Comment (2025-11-19): Comment from XXXX (XXXX): Econsent |
11/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000098627 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36 | Secondary valuation required. | Reviewer Comment (2025-12-08): AVM received, exception
cleared Seller Comment (2025-12-08): Comment from XXXX (XXXX): AVM Reviewer Comment (2025-12-01): Please provide CDA, Field Review or a 2055 Exterior Appraisal. Exception remains. Buyer Comment (2025-12-01): Comment from XXXX (XXXX): Good morning - We are unable to get an AVM from XXXX for this property - will XXXX allow a BPO? |
12/08/2025 | 1 | D | A | B | A | D | A | C | A | D | A | NH | Second Home | Purchase | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000098627 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Reviewer Comment (2025-12-17): Received, Clearing. Reviewer Comment (2025-12-10): Property inspection has been ordered on behalf of the buyer Buyer Comment (2025-12-10): Comment from XXXX (XXXX): this is from 2011 - do we need to anything? |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NH | Second Home | Purchase | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| XXXXX | 4000098627 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | No cure provided | Reviewer Comment (2025-11-17): Sufficient Cure Provided At
Closing |
11/17/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NH | Second Home | Purchase | Final CD evidences Cure | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000098627 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | NH | Second Home | Purchase | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000098627 | XXXXX | XXXXX | Property | Valuation | General | Valuation | Valuation Product pending | XXXX/ Post Disaster Inspection + XXXX - 5 Days | Reviewer Comment (2025-12-17): Received, Clearing. Reviewer Comment (2025-12-17): Valuation Received - XXXX |
12/17/2025 | 1 | A | A | A | A | A | NH | Second Home | Purchase | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000095906 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Valid change of circumstance missing and no cure provided for increase in fee | Reviewer Comment (2025-11-20): XXXX received valid COC
document Seller Comment (2025-11-19): Comment from XXXX (XXXX): LE and NOLC for appraisal increase |
11/20/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VT | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000096192 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The borrowers have provided an amended 2023 tax return as their CPA had left a rental property off of the original 2023 return .Exception request to proceed without transcripts for amended return or proof of filling due to the government shutdown. Lender exception in the file, however it is not signed | Reviewer Comment (2025-12-01): 2023 and 2024 1040
transcripts in original file Seller Comment (2025-12-01): Comment fromXXXX (XXXX): Amended transcripts, etc were already in file. Reviewer Comment (2025-11-24): For a 2 yr full doc we would need an exception or the buyer will need to waive the requirement. Seller Comment (2025-11-24): Comment from XXXX (XXXX): Exception was not required. |
12/01/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100099 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance for the subject property is required and
must equal at least six (6) months of local average monthly rents |
Reviewer Comment (2025-12-13): Received, Clearing. Seller Comment (2025-12-13): Comment from XXXX : LOE Reviewer Comment (2025-12-09): The lender exception would need to come from the buyer of the loan. Seller Comment (2025-12-09): Comment from XXXX XXXX : The new insurance carrier will not allow the policy date to be backdated. Please provide an exception. Reviewer Comment (2025-12-03): Rent loss coverage should match the property insurance date. Buyer Comment (2025-12-03): Comment from XXXX XXXX : Please advise if we can provide rent loss coverage effective after Note date. |
12/13/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100099 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | HUD/CD is missing. | Reviewer Comment (2025-11-18): Received, Clearing. Seller Comment (2025-11-17): Comment from XXXX XXXX : Post CD |
11/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000098055 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-11-20): Borrower shopped for fees
in section C |
11/20/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000097581 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report is missing | Reviewer Comment (2025-11-19): Fraud Report received,
exception cleared Seller Comment (2025-11-19): Comment from XXXX : See full fraud guard report. Reviewer Comment (2025-11-18): Need a complete fraud report not the summary pages, exception remains Seller Comment (2025-11-18): Comment from XXXX : See attached FG report. |
11/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000098957 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-17): Clearing based on review
coming back within tolerances. |
11/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000098957 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2025-11-14): Accepted as is. |
11/14/2025 | 2 | B | B | B | B | B | B | B | B | B | B | OH | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000098957 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Max LTV for Cash out, DSCR of .XXXX is XXXX% LTV | Reviewer Comment (2025-12-17): Lender exception approved
to use the 1007 rental amount instead of the lease agreement. LTV is now
within guides, exception cleared Seller Comment (2025-12-17): Comment from XXXX (XXXX): XXXX CW: See attached exception |
12/17/2025 | 1 | A | A | A | A | A | OH | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||||||
| XXXXX | 4000098957 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception to use the 1007 rental income instead of the lease agreement. Comp factors - 100 months reserves, experienced investor with XXXX+ investment properties. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC |
Reviewer Comment (2025-12-17): Lender exception
approved |
12/17/2025 | 2 | B | B | B | B | B | OH | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||||
| XXXXX | 4000098398 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | There was a FEMA Disaster Declaration dated XXXX. The subject property is located in a FEMA Disaster area. A post disaster inspection is needed verifying there is no damage to the subject property. The post disaster inspection must be dated after the disaster declaration end date. | Reviewer Comment (2025-11-19): PDI received reflecting no
damage |
11/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Second Home | Purchase | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000098398 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Insurance Verification and Tax Verification is missing. | Reviewer Comment (2025-11-26): Received, Clearing. Seller Comment (2025-11-26): Comment from XXXX (XXXX): REO docs |
11/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Second Home | Purchase | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000098398 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36 | Secondary valuation is missing | Reviewer Comment (2025-12-15): Received, Clearing. Seller Comment (2025-12-15): Comment from XXXX (XXXX): AVM Reviewer Comment (2025-11-26): A secondary valuation is required per guidelines. Seller Comment (2025-11-26): Comment from XXXX (XXXX): No appraisal required. Attached updated 1008 |
12/15/2025 | 1 | D | A | B | A | D | A | C | A | D | A | IL | Second Home | Purchase | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000098398 | XXXXX | XXXXX | Property | Valuation | General | Valuation | Valuation Product pending | XXXX/ Post Disaster Inspection + XXXX - 5 Days | Reviewer Comment (2025-11-19): PDI received Reviewer Comment (2025-11-19): Valuation Received - XXXX |
11/19/2025 | 1 | A | A | A | A | A | IL | Second Home | Purchase | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000098398 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-15): Accepted as is. |
12/15/2025 | 2 | B | B | B | B | B | IL | Second Home | Purchase | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000098164 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary/XXXX) | Reviewer Comment (2025-11-17): Accepted as is. |
11/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | GA | Second Home | Purchase | C | B | C | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000098164 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | Final 1003 is missing in the file. | Reviewer Comment (2025-12-04): Received Final 1003.
Exception cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Signed final FNMA 1003/URLA |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Second Home | Purchase | C | B | C | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000098164 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient. Coverage is short by $XXXX. | Reviewer Comment (2025-12-08): Received, Clearing. Seller Comment (2025-12-08): Comment from XXXX (XXXX): Replacement Cost Estimator attached |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Second Home | Purchase | C | B | C | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000098164 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized, and was originated with an Appraisal Waiver. AVM supports value. Sec ID: 26 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-17): Accepted as is. |
11/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | GA | Second Home | Purchase | C | B | C | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000098164 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | The verification of employment is required and was not found in file. | - | The verification of employment is required and was not found in file. | Reviewer Comment (2025-12-04): Received VVOE - Employment
Only. Exception cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): XXXX VVOE |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Second Home | Purchase | C | B | C | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000098164 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | The verification of employment is required and was not found in file. | - | The verification of employment is required and was not found in file. | Reviewer Comment (2025-12-04): Received, cleared Seller Comment (2025-12-04): Comment fromXXXX (XXXX): XXXX VVOE |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Second Home | Purchase | C | B | C | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000098164 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | Verification(s) of employment is not within 10 business days of the Note. | Reviewer Comment (2025-12-04): Received VVOE - Employment
Only. Exception cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): XXXX VVOE (DUP condition) |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Second Home | Purchase | C | B | C | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000098164 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | Verification(s) of employment is not within 10 business days of the Note. | Reviewer Comment (2025-12-04): VVOE received Seller Comment (2025-12-04): Comment from XXXX (XXXX): XXXX VVOE (DUP condition) |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Second Home | Purchase | C | B | C | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000098164 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Disaster Name: ___ Disaster Declaration Date: ___ Disaster End Date: ___ |
Reviewer Comment (2025-12-04): Clearing as house was built
in 2012 after 2004 disaster. Seller Comment (2025-12-04): Comment from XXXX (XXXX): House was not built until 2012. See tax card attached. |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Second Home | Purchase | C | B | C | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000099170 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Insurance Verification is Missing | Reviewer Comment (2025-11-18): LOX provided. Cleared. Seller Comment (2025-11-18): Comment from XXXX : See attached LOE from the borrower. |
11/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | KY | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000102444 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Incomplete Fraud Report provided in file. | Reviewer Comment (2025-12-04): Received Fraud Report.
Exception cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Fraud guard report |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102444 | XXXXX | XXXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | E-sign Consent Agreement is missing. | Reviewer Comment (2025-12-04): Received, Clearing. Seller Comment (2025-12-04): Comment from XXXX (XXXX): e Consent |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102444 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Reviewer Comment (2025-12-08): XXXX received signed copy
of initial CD received on XXXX. Seller Comment (2025-12-08): Comment from XXXX (XXXX): Please see attazched |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | No Defined Cure | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000100060 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). | Sufficient PCCD provided. Please provide Letter of Explanation, Proof of Delivery and Re-open Rescission (required on rescindable transactions). | Reviewer Comment (2025-12-15): XXXX received PCCD, LOE,
Copy of Refund Check, Re-opening of Rescission and Proof of Receipt. Seller Comment (2025-12-12): Comment from XXXX (XXXX): Hello, please see attached the Tracking detail and XXXX for non-borrower holding title only. Thank you Reviewer Comment (2025-12-10): XXXX received executed RTC by borrower 1 and LOE. However, all consumers must complete the reopening of rescission. Security instrument reflects another consumer, which we are missing their proof of reopening of rescission. ADDITIONALLY, the tracking with XXXX for the cure package and refund does not reflect it has yet been picked up by carrier. Also provide proof when carrier has picked up package. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Hello, please see attached, thank you Reviewer Comment (2025-12-09): My apologies, The RTC is insufficient. The RTC expiration date is XXXX, and the document was signed on XXXX. XXXX was a national holiday and does not count towards the three-day waiting period. This is a material exception on a rescindable transaction and requires reopening of rescission and proof of delivery of RTC to complete cure. Further, the RTC must allow the borrower three days to cancel the transaction from date of delivery. Seller Comment (2025-12-08): Comment from XXXX (XXXX): Hello, please see attached the Post CD and proof of delivery. Thank you Reviewer Comment (2025-12-03): Copy of Refund check and RTC received. Please provide PCCD, LOE and proof of delivery to complete cure. Seller Comment (2025-12-02): Comment from XXXX (XXXX): Hello Team, please see attached the NOTRC and cure check for this file. Reviewer Comment (2025-11-21): XXXX received compliance report and final settlement statement. Appears per the compliance report, that lender did not include the 3rd Party Processing Fee of $XXXX disclosed in Section B. This would be a finance charge. Lender included the notary fee in their calculations and thus why the Finance charge variance differs less than the $XXXX Processing Fee. Cure requires Corrected CD, LOE to borrower, copy of cure refund for $XXXX , proof of mailing and proof of reopening of rescission to all consumers. Seller Comment (2025-11-20): Comment from XXXX (XXXX): Hello Team, Please see attached the Compliance report for this file. Thank you Reviewer Comment (2025-11-20): XXXX received Corrected CD, final settlement statement & LOE. however, the finance charge is underdisclosed. Unable to determine lender's finance charge calculations. Please provide compliance report to determine calculation or provide cure with Corrected CD, LOE to borrower, copy of cure refund of $XXXX , proof of mailing and proof of reopening of rescission to all consumers. Seller Comment (2025-11-19): Comment from XXXX (XXXX): Hello Team, Please see attached the completed and stamped Final SS. Thank you Reviewer Comment (2025-11-19): Final settlement statement is incomplete. Please provide complete signed stamped Settlement Statement. Seller Comment (2025-11-18): Comment from XXXX (XXXX): Hello Team, Please see attached the correct Post Consummation CD dated on XXXX and Final Settlement Statement showing the Amount Financed is $XXXX and lower than the Amount Financed on FCD XXXX . Please help to review and waive this condition. |
12/15/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Rate/Term | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100060 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). | Sufficient PCCD provided. Please provide Letter of Explanation, Proof of Delivery, Refund check for under disclosed amount and Re-open Rescission (required on rescindable transactions) | Reviewer Comment (2025-12-15): XXXX received PCCD, LOE,
Copy of Refund Check, Re-opening of Rescission and Proof of Receipt. Seller Comment (2025-12-12): Comment from XXXX (XXXX): Hello, please see attached the Tracking detail and NORTC for non-borrower holding title only. Thank you Reviewer Comment (2025-12-10): XXXX received executed RTC by borrower 1 and LOE. However, all consumers must complete the reopening of rescission. Security instrument reflects another consumer, which we are missing their proof of reopening of rescission. ADDITIONALLY, the tracking with XXXX for the cure package and refund does not reflect it has yet been picked up by carrier. Also provide proof when carrier has picked up package. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Hello, please see attached, thank you Reviewer Comment (2025-12-09): My apologies, The RTC is insufficient. The RTC expiration date is XXXX, and the document was signed on XXXX. XXXX was a national holiday and does not count towards the three-day waiting period. This is a material exception on a rescindable transaction and requires reopening of rescission and proof of delivery of RTC to complete cure. Further, the RTC must allow the borrower three days to cancel the transaction from date of delivery. Seller Comment (2025-12-08): Comment from XXXX (XXXX): Hello, please see attached the Post CD and proof of delivery. Thank you Reviewer Comment (2025-12-03): Copy of Refund check and RTC received. Please provide PCCD, LOE and proof of delivery to complete cure. Seller Comment (2025-12-02): Comment from XXXX (XXXX): Hello Team, please see attached the NOTRC and cure check for this file . Thank you |
12/15/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Rate/Term | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100060 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Missing POCB receipts for appraisal and credit report. | Reviewer Comment (2025-11-19): Received Invoice. Exception
cleared. Seller Comment (2025-11-18): Comment from XXXX (XXXX): Hello Team, please see attached, thank you |
11/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100060 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
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Reviewer Comment (2025-12-10): Client elects to waive with
compensating factors |
12/10/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000100060 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2025-12-10): Reserves exception
waived |
12/10/2025 | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000100060 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfalling due to reserve shortage | Reviewer Comment (2025-12-10): Reserves exception
waived |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000099621 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-18): Clearing based on review
coming back within tolerances. |
11/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000099621 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy is for $XXXX. The loan amount is $XXXX. | Reviewer Comment (2025-11-18): Accepted as is. |
11/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000096798 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Email Receipt p.XXXX of Appraisal is dated XXXX . Appraisal effective date is XXXX . | Reviewer Comment (2025-11-18): Accepted as is. |
11/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | GA | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000099627 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-19): Clearing based on review
coming back within tolerances. |
11/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000099627 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | The file was missing a copy of Articles of Organization/Formation | Reviewer Comment (2025-12-17): Received, Clearing. Seller Comment (2025-12-17): Comment from Post Closing XXXX : Please find the attached Cert of Formation. Reviewer Comment (2025-12-02): Received Certificate of Good Standing is already available in file. Please provide Articles of Organization/Formation for XXXX. Exception remains. Seller Comment (2025-12-02): Comment from Post Closing (XXXX): Business documents |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100941 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-19): Clearing based on review
coming back within tolerances. |
11/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100941 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument - Subject Lien is missing. | Reviewer Comment (2025-11-24): Received, Clearing. Seller Comment (2025-11-24): Comment fromXXXX (XXXX): XXXX- see attached |
11/24/2025 | 1 | D | A | D | A | D | A | D | A | D | A | NC | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000099605 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-19): Clearing based on review
coming back within tolerances. |
11/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000099605 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Report amount is $XXXX. The Loan amount is $XXXX. | Reviewer Comment (2025-11-18): Accepted as is. |
11/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000100862 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The borrower has a 30-day mortgage late in the past 12 months (XXXX), which does not meet guidelines. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Seasoned Borrower/Investor whose experience exceeds 10 completed projects. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
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Reviewer Comment (2025-12-18): Client exception
received. Seller Comment (2025-12-18): Comment from XXXX (XXXX): Please see exception approval Reviewer Comment (2025-12-04): An exception from the buyer of the loan is required. Please submit to the buyers portal. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Please see LOX |
12/18/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000101215 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-20): Accepted as is. |
11/20/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100701 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-20): Accepted as is. |
11/20/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100701 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2025-11-20): Accepted as is. |
11/20/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000098556 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The asset/income documentation does not show the borrower(s) at an address different than the subject property and thus casts doubt on the business purpose of the loan. | The bank statements do not show the borrower(s) at an address different than the subject property. | Reviewer Comment (2025-12-18): LOX received for the
address discrepancy, exception cleared Seller Comment (2025-12-18): Comment from XXXX (XXXX): Borrower LOX |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000099271 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Accepted as is. |
11/25/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Second Home | Purchase | C | B | C | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000099271 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-11-25): Accepted as is. |
11/25/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Second Home | Purchase | C | B | C | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000099271 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | The verification of employment is required and was not found in file. | - | Reviewer Comment (2025-12-04): VVOE provided. Cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): FVVOE Reviewer Comment (2025-12-03): The paystub provided is more than 15 days prior to the note date, the paystub provided is dated XXXX Seller Comment (2025-12-03): Comment from XXXX (XXXX): We used the the most recent paystub for verification |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | C | B | C | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000099271 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | Reviewer Comment (2025-12-04): VVOE provided. Cleared. |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | C | B | C | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000099271 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Trust Agreement (Asset) not provided | Trust agreement is missing for Trust account used for closing/reserves. | Reviewer Comment (2025-12-04): Trust Agreements provided.
Cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Trust |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | C | B | C | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000100909 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Evidence of Access to Funds is missing. | Reviewer Comment (2025-12-19): Received, Clearing. Seller Comment (2025-12-19): Comment from XXXX (XXXX): Borrower is sole owner of company. Please see SOS printout confirmation Reviewer Comment (2025-12-13): This is for XXXX account XXXX in a business name. Buyer Comment (2025-12-12): Comment from XXXX (XXXX): Our UW is requesting clarification of what funds access is being referenced in the condition. The assets in the file show only the borrower on the account-unsure who he would need an access letter from. |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000095665 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of Higher Priced QM (APOR). | Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared. | Reviewer Comment (2025-12-16): Restated. Buyer Comment (2025-12-16): Comment from XXXX (XXXX): See Uploads |
12/16/2025 | 1 | B | A | C | A | B | A | C | A | B | A | FL | Second Home | Purchase | Lender to provide updated ATR/QM status | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| XXXXX | 4000095665 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-17): XXXX received PCCD, LOE,
proof of mailing & copy of refund check. Seller Comment (2025-12-16): Comment from XXXX (XXXX): Cure Docs |
12/17/2025 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| XXXXX | 4000095665 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-17): XXXX received PCCD, LOE,
proof of mailing & copy of refund check. Buyer Comment (2025-12-16): Comment from XXXX (XXXX): See Uploads |
12/17/2025 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| XXXXX | 4000095665 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: AUS not provided | Reviewer Comment (2025-12-04): Received AUS. Exception
cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): All pages were uploaded. See screen print from your system where i'm looking at all the pages Reviewer Comment (2025-11-29): We need the complete AUS not just the first page. Seller Comment (2025-11-28): Comment from XXXX (XXXX): AUS |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| XXXXX | 4000095665 | XXXXX | XXXXX | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Primary Appraisal was completed after the final loan approval. | - | AUS confirming appraised property value $XXXX is variance with Appraisal appraised value $XXXX. | Reviewer Comment (2025-12-08): Received, Clearing. Seller Comment (2025-12-08): Comment from XXXX (XXXX): AUS with correct appraised value |
12/08/2025 | 1 | A | A | A | A | A | FL | Second Home | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| XXXXX | 4000095665 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Restated Loan Designation Match - QM / ATR | Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Higher Priced QM (APOR) matches the Due Diligence Loan Designation of Higher Priced QM (APOR). | Restated. | Reviewer Comment (2025-12-16): Accepted as is. |
12/16/2025 | 2 | A | B | B | B | A | FL | Second Home | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| XXXXX | 4000098186 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | A valid UCDP score was not provided. A secondary valuation is required to support the primary value for securitization purposes | Reviewer Comment (2025-12-03): Received CDA. Exception
cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): Desktop Review |
12/03/2025 | 1 | D | A | D | A | D | A | D | A | D | A | OK | Second Home | Purchase | D | B | A | A | C | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000098186 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Electronic Document Delivery Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No Cure provided | Reviewer Comment (2025-12-29): XXXX received Corrected
PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check
resulting in a cured the exception. Reviewer Comment (2025-12-24): XXXX received PCCD, LOE and copy of refund check. XXXX tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure. Seller Comment (2025-12-23): Comment from XXXX (XXXX): PCCD, Check and LOX to borrower Reviewer Comment (2025-12-03): XXXX received LOE. However, the inclusion of a fee within Section C of the most recent LE provided to the consumer carries the primary basis for consideration of whether the consumer was permitted to shop. As the title fee was included in section B of the most recent LE, the consumer was not allowed to shop, and a cure is required. Provide Corrected CD, LOE to borrower, proof of mailing and copy of refund check. Seller Comment (2025-12-02): Comment from XXXX (XXXX): Per the CD dated XXXX we did disclose the Electronic Delivery Fee - Section C line 01 |
12/29/2025 | 2 | C | B | C | B | C | B | C | B | C | B | OK | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | D | B | A | A | C | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000098186 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Notary Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No Cure provided | Reviewer Comment (2026-01-07): XXXX received PCCD, LOE and
true & certified copy of final settlement statement. Seller Comment (2026-01-06): Comment from XXXX (XXXX): Attached is the Borrower Settlement statement. See the Lender credit for XXXX to pay for the Mobile Notary charges there are 2 charges for XXXX each Reviewer Comment (2025-12-29): XXXX received certified PCCD Dated XXXX with Notary fee changed to lender paid from borrower paid. However, XXXX also required Final Settlement statement to verify if Loan closed as the Notary fee paid by lender as per PCCD dated XXXX to finalizes the fees. Seller Comment (2025-12-29): Comment from XXXX (XXXX): PCCD - stamped True and Certified Reviewer Comment (2025-12-24): XXXX received PCCD and LOE, however we also require true & certified copy of final settlement statement to re-evalaute the exception. Seller Comment (2025-12-23): Comment from XXXX (XXXX): PCCD showing the XXXX lender credit on both inner and outer columns Reviewer Comment (2025-12-23): XXXX received draft CD dated XXXX , but it doesn't provide cure amount on sec J of CD. Please provide corrected PCCD with cure amount on inner and outer column of sec J of CD along with LOE and true & certified copy of final settlement statement. Seller Comment (2025-12-22): Comment from XXXX (XXXX): PCCD - please review and advise if this is acceptable Reviewer Comment (2025-12-19): XXXX received LOE, we require corrected PCCD updating the inner column of sec J with cure verbiage Tolerance Cure Amount for exceeding the fee by its legal limit. Please provide corrected PCCD, LOE and true & certified copy of final settlement statement. Seller Comment (2025-12-18): Comment from XXXX (XXXX): See attached cover letter Reviewer Comment (2025-12-03): XXXX received LOE, however if lender credit was provided towards cure, then we require corrected PCCD updating the cure amount on inner column of sec J along with LOE and true & certified copy of final settlement statement. Seller Comment (2025-12-02): Comment from XXXX (XXXX): This turned into a mail out closing so we added the $XXXX notary fee. They missed the notary appointment, and we had to do it all over again. Notary charged for both times they had to go out. Then, even though it was their fault, we ended up giving a cure to cover BOTH notary fees. I didn't want to, but here we are. See Section J for the XXXX Lender Credit for the Notary fees. |
01/07/2026 | 1 | C | A | C | A | C | A | C | A | C | A | OK | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | D | B | A | A | C | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000098186 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No Cure provided | Reviewer Comment (2025-12-03): XXXX received rebuttal and
LOX Seller Comment (2025-12-02): Comment from XXXX (XXXX): LOX - TILA-RESPA Integrated Disclosure: XXXX Fee Tolerance exceeded for Transfer Tax. Fee Amount of XXXX exceeds tolerance of XXXX . XXXX over legal limit. Insufficient or no cure was provided to the borrower. (XXXX) - No Cure provided Per the CD dated XXXX we did disclose the Transfer Tax Fee as XXXX Section E line 03 and 04. |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OK | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | D | B | A | A | C | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000100085 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Reviewer Comment (2025-12-08): Final CD received,
exception cleared Seller Comment (2025-12-08): Comment from XXXX (XXXX ): a Reviewer Comment (2025-12-02): Please provide closing statement or CD to verify subject property. Exception remains. Buyer Comment (2025-12-02): Comment from XXXX (XXXX ): It's not, The address shown on the payment coupon is the mailing address, not property address because it's an investment purchase Reviewer Comment (2025-11-26): The provided is for XXXX not XXXX . Seller Comment (2025-11-25): Comment from XXXX (XXXX ): a |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000100085 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-20): Accepted as is. |
11/20/2025 | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000100444 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Gift funds receipt for $XXXXK not provided. | Reviewer Comment (2025-12-05): Wire confirmation received,
exception cleared Seller Comment (2025-12-05): Comment from XXXX (XXXX): Gift funds received |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000095368 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Insurance Verification is missing. | Reviewer Comment (2025-12-05): Received, Clearing. Seller Comment (2025-12-05): Comment from XXXX (XXXX): HOI |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000095368 | XXXXX | XXXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | E-sign Consent Agreement is missing. | Reviewer Comment (2025-12-05): Received, Clearing. Seller Comment (2025-12-05): Comment from XXXX (XXXX): esign |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000102770 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Calculated Available for Reserves of ___ is less than Guideline Available for Reserves of ___. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-13): Client exception
received. Seller Comment (2025-12-12): Comment from XXXX (XXXX ): Exception allowing 2 months reserves Reviewer Comment (2025-12-10): Gift letter on file is signed XXXX which is post closing. The reserve requirement for the loan is 9 months PITI and 2 months PITI for other financed properties or XXXX . Exception remains. Buyer Comment (2025-12-10): Comment from XXXX (XXXX .): Documents signed XXXX gift Funds transferred XXXX Gift letter Signed XXXX Loan Disbursed XXXX gift letter and funds were provided prior to loan disbursement, can you allow that? PITI=XXXX . 3 mos reserves =XXXX Assets (XXXX ) =XXXX Reviewer Comment (2025-12-10): Gift Letter is post consummation dated. Even with gift funds the reserves are short. Reviewer Comment (2025-12-10): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated Available for Reserves of XXXX is less than Guideline Available for Reserves of XXXX. Buyer Comment (2025-12-10): Comment from XXXX (XXXX .): XXXX apologize for any confusion, the bank statement previously uploaded was the borrower's, not the donors. The wire transfer receipt documents the donors bank account number, which matches the donors bank account number referenced on the gift letter. We have the documentation that meets FNMA guidelines: evidence of the electronic transfer of funds from donor directly to the closing agent Reviewer Comment (2025-12-09): The gift letter and wire receipt received. The bank statement provided is n the name of a business XXXX dated XXXX the checking account #XXXX does not match the gift letter or wire of account # XXXX Seller Comment (2025-12-09): Comment from XXXX (XXXX .): Gift letter and receipt of wire transfer from closing agent. Gift letter is for XXXX Wire from Title Company = XXXX DonorsXXXX account number matches the account number on the wire. The Gift Funds are fully documented. Reviewer Comment (2025-12-04): Still short due to missing gift letter and cancelled check or wire confirmation. Reviewer Comment (2025-12-04): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated Available for Reserves of XXXX is less than Guideline Available for Reserves of XXXX . Seller Comment (2025-12-04): Comment from XXXX (XXXX .): Gift letter only., however there is also a borrower's business statement that reflects XXXX of funds Reviewer Comment (2025-12-03): We don't have any gift letter on file or a copy of the cancelled check or wire of those funds. Buyer Comment (2025-12-02): Comment from XXXX (XXXX): This is the breakdown of assets and reserves: XXXX #XXXXChecking Account = XXXX Gift Funds - Gift letter in file = XXXX Total Assets = XXXX 3 Months of Reserves = XXXX Cash to close this loan = XXXX Remaining Assets = XXXX Reviewer Comment (2025-12-02): Exception approval reflects borrower has 3 months reserves, however only 2.05 months verified Seller Comment (2025-12-02): Comment from XXXX (XXXX ): exception for reserves |
12/13/2025 | 2 | C | B | C | B | C | B | C | B | C | B | WA | Primary | Refinance - Rate/Term | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000102770 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Gift Letter is post consummation dated. | Reviewer Comment (2025-12-16): Client elects to waive
reserves requirement. Gift funds are not needed. Buyer Comment (2025-12-16): Comment from XXXX (XXXX ): With the approved exception on the reserve requirement the gift funds are no longer needed to be verified, and the post consummated gift letter shouldn't be germane |
12/16/2025 | 1 | A | A | A | A | A | WA | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM status | C | B | C | B | A | A | A | A | Non QM | Non QM | Yes | ||||||||||||||
| XXXXX | 4000102770 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. | Gift Letter is post consummation dated. | Reviewer Comment (2025-12-16): Client elects to waive
reserves requirement. Gift funds are not needed. Buyer Comment (2025-12-16): Comment from XXXX (XXXX ): With the approved exception on the reserve requirement the gift funds are no longer needed to be verified, and the post consummated gift letter shouldn't be germane |
12/16/2025 | 1 | A | A | A | A | A | WA | Primary | Refinance - Rate/Term | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| XXXXX | 4000102770 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. | Gift Letter is post consummation dated. | Reviewer Comment (2025-12-16): Client elects to waive
reserves requirement. Gift funds are not needed. Buyer Comment (2025-12-16): Comment from XXXX (XXXX ): With the approved exception on the reserve requirement the gift funds are no longer needed to be verified, and the post consummated gift letter shouldn't be germane |
12/16/2025 | 1 | A | A | A | A | A | WA | Primary | Refinance - Rate/Term | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| XXXXX | 4000102770 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Gift Letter is post consummation dated. | Reviewer Comment (2025-12-16): Client elects to waive
reserves requirement. Gift funds are not needed. |
12/16/2025 | 1 | A | A | A | A | A | WA | Primary | Refinance - Rate/Term | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| XXXXX | 4000100480 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-20): Accepted as is. |
11/20/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000096497 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-24): Clearing based on review
coming back within tolerances. |
11/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000096497 | XXXXX | XXXXX | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | Missing copy of blank insurance policy for subject property | Reviewer Comment (2025-12-10): Blanket Policy provided.
Cleared. Seller Comment (2025-12-10): Comment from XXXX (XXXX): master policy Reviewer Comment (2025-12-04): Required master policy for blanket coverage, Exception Remains. Seller Comment (2025-12-04): Comment from XXXX (XXXX): evidence of ins |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000096058 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | Reviewer Comment (2025-12-09): Clearing. Reviewer Comment (2025-12-02): VVOE in file is not within 10 days of closing, exception remains. Buyer Comment (2025-12-02): Comment from XXXX (XXXX): Page 134 of the original upload is the vvoe |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Second Home | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000100531 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-24): Clearing based on review
coming back within tolerances. |
11/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000099037 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Please provide a copy of Certificate of Good Standing, dated within 30 days of closing for the borrowing entity XXXX. | Reviewer Comment (2025-12-04): COGS provided. Cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Good Standing per XXXX web portal |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | KY | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000096043 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-11-26): Received, Clearing. Seller Comment (2025-11-26): Comment from XXXX (XXXX): XXXX |
11/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000096043 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-11-26): Received, Clearing. Seller Comment (2025-11-26): Comment from XXXX (XXXX): XXXX |
11/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000098530 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | XXXX DSCR allows FT Investor with DSCR of XXXX and max LTV of XXXX% - borrower has .XXXXDSCR. Approved with comp factors clean housing history for >24 months, 9 months of reserves (need 3). | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2025-11-21): Client elects to waive with
compensating factors |
11/21/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000099012 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-21): Clearing based on review
coming back within tolerances. |
11/21/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000099012 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). | The Transaction Coordinator fee in the amount of $XXXX was excluded from finance charges/Amount Financed at origination. | Reviewer Comment (2025-12-04): XXXX received clarification
TC fee is the Realtor Transaction fee and not finance charge. Seller Comment (2025-12-03): Comment from XXXX (XXXX): PCCD - The XXXX is a realtor transaction fee, please see updated CD and is not an APR fee. |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Second Home | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000099012 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). | The Transaction Coordinator fee in the amount of $XXXX was excluded from finance charges/Amount Financed at origination. TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable. | Reviewer Comment (2025-12-04): XXXX received clarification
TC fee is the Realtor Transaction fee and not finance charge. Seller Comment (2025-12-03): Comment from XXXX (XXXX): PCCD - The XXXX is a realtor transaction fee, please see updated CD and is not an APR fee. |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Second Home | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000099012 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report is missing from file. | Reviewer Comment (2025-11-25): Received, Clearing. Seller Comment (2025-11-25): Comment from XXXX (XXXX): Fraud Report |
11/25/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100791 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | The Articles of Organization for XXXX, which subject is vesting in, is missing in file. | Reviewer Comment (2025-11-20): Received Articles of
Organization/Formation. Exception cleared. Seller Comment (2025-11-20): Comment from XXXX (XXXX): See attached |
11/20/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100791 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | EIN for XXXX, which subject is vesting in, is missing in file. | Reviewer Comment (2025-11-20): Received Employer
Identification Number (EIN). Exception cleared. Seller Comment (2025-11-20): Comment from XXXX (XXXX): See attached |
11/20/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100791 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement for XXXX, which subject is vesting in, is missing in file. | Reviewer Comment (2025-11-20): Operating Agreement
received, exception cleared Seller Comment (2025-11-20): Comment from XXXX (XXXX): See attached |
11/20/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101389 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-11-24): Accepted as is. |
11/24/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000101389 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-24): Accepted as is. |
11/24/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000099028 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-24): Accepted as is. |
11/24/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NC | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000099323 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation does not support the value used to qualify. Sec ID: 7 | Reviewer Comment (2025-12-11): Received, Clearing. Seller Comment (2025-12-11): Comment from XXXX (XXXX): Please see report |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Limited Cash-out GSE | C | B | A | A | B | B | C | B | N/A | No | |||||||||||||
| XXXXX | 4000099323 | XXXXX | XXXXX | Property | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Desk Review value is less than 90% of the value used to calculate the LTV. | Reviewer Comment (2025-12-11): Received, Clearing. Seller Comment (2025-12-11): Comment from XXXX (XXXX): Please see report |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Limited Cash-out GSE | C | B | A | A | B | B | C | B | N/A | No | |||||||||||||
| XXXXX | 4000099323 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-11-24): Accepted as is. |
11/24/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WA | Investment | Refinance - Limited Cash-out GSE | C | B | A | A | B | B | C | B | N/A | No | |||||||||||
| XXXXX | 4000099323 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: 22 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-11): Accepted as is. |
12/11/2025 | 2 | A | A | A | A | B | WA | Investment | Refinance - Limited Cash-out GSE | C | B | A | A | B | B | C | B | N/A | No | |||||||||||||||||
| XXXXX | 4000099561 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36 | Reviewer Comment (2025-12-07): Received AVM. Exception
Cleared. Seller Comment (2025-12-05): Comment from XXXX (XXXX): Please see attached |
12/07/2025 | 1 | D | A | B | A | D | A | C | A | D | A | IN | Second Home | Refinance - Limited Cash-out GSE | D | B | C | A | A | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| XXXXX | 4000099561 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | PDI ordered XXXX | Reviewer Comment (2025-11-25): Received, Clearing. |
11/25/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IN | Second Home | Refinance - Limited Cash-out GSE | D | B | C | A | A | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000099561 | XXXXX | XXXXX | Property | Valuation | General | Valuation | Valuation Product pending | XXXX / Post Disaster Inspection + XXXX - 5 Days | Reviewer Comment (2025-11-25): Received, Clearing. Reviewer Comment (2025-11-25): Valuation Received - XXXX |
11/25/2025 | 1 | A | A | A | A | A | IN | Second Home | Refinance - Limited Cash-out GSE | D | B | C | A | A | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000099561 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | IN | Second Home | Refinance - Limited Cash-out GSE | D | B | C | A | A | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000099561 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | IN | Second Home | Refinance - Limited Cash-out GSE | D | B | C | A | A | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000099836 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-11-24): Accepted as is. |
11/24/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NC | Investment | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000101945 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-24): Accepted as is. |
11/24/2025 | 2 | B | B | B | B | B | B | B | B | B | B | GA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100443 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | A valid COC for the fee increase was not provided. | Reviewer Comment (2025-12-05): A valid COC for the
Appraisal Re-Inspection Fee was received, exception cleared Buyer Comment (2025-12-05): Comment from XXXX (XXXX): Cure added on final CD for this fee. Seller Comment (2025-12-05): Comment from XXXX (XXXX): COC |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000100443 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | A valid COC for the fee increase was not provided. | Reviewer Comment (2025-12-05): COC received for the
appraisal review fee, exception cleared Seller Comment (2025-12-05): Comment from XXXX (XXXX): COC |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000100443 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | A valid COC for the fee increase was not provided. | Reviewer Comment (2025-12-18): XXXX received Letter of Explanation, Proof of Delivery,
Copy of Refund Check, and Corrected CD. Seller Comment (2025-12-17): Comment from XXXX (XXXX): PCCD docs Reviewer Comment (2025-12-05): COC's received do not address this fee which is found on the LE's only. Buyer Comment (2025-12-05): Comment from XXXX (XXXX): Cure added on final CD for this fee |
12/18/2025 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000100443 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | The verification of employment is not within 10 business days of the Note. | - | The verification of employment is not within 10 business days of the Note. | Reviewer Comment (2025-12-05): Email verification received
for borrowers employment, exception cleared Seller Comment (2025-12-05): Comment from XXXX (XXXX): VVOE |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000100443 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk. | Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM | Reviewer Comment (2025-12-05): Received valid VVOE |
12/05/2025 | 1 | B | A | C | A | B | A | C | A | B | A | FL | Second Home | Purchase | Lender to provide updated ATR/QM status | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000100443 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Investor Guidelines Violation | General QM: Based on the loan failing one or more guideline components, the loan is at QM risk. | Based on the loan failing one or more guideline components, the loan is at QM risk. | Reviewer Comment (2025-12-05): Received valid VVOE |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000100443 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-18): Sufficient Cure Provided At
Closing |
12/18/2025 | 1 | A | A | A | A | A | FL | Second Home | Purchase | Final CD evidences Cure | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||||||||
| XXXXX | 4000100443 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-18): Sufficient Cure Provided At
Closing |
12/18/2025 | 1 | A | A | A | A | A | FL | Second Home | Purchase | Final CD evidences Cure | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||||||||
| XXXXX | 4000101460 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-11-21): Sufficient Cure Provided At
Closing |
11/21/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NJ | Second Home | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000097869 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-11-24): Accepted as is. |
11/24/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WI | Second Home | Purchase | C | B | C | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000097869 | XXXXX | XXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Reviewer Comment (2025-12-04): Commitment received Seller Comment (2025-12-04): Comment from XXXX (XXXX): title |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WI | Second Home | Purchase | C | B | C | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| XXXXX | 4000099191 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX ) | Reviewer Comment (2025-11-24): Accepted as is. |
11/24/2025 | 2 | B | B | B | B | B | B | B | B | B | B | OR | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000102939 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Missing Verification of Rent for borrower's current residence. | Reviewer Comment (2025-11-25): Received, Clearing. Seller Comment (2025-11-24): Comment from XXXX (XXXX): See attached |
11/25/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102939 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-11-24): Accepted as is. |
11/24/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102939 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TILA | Federal LO Compensation Dual Compensation Dodd Frank Test | Loan Originator Compensation: Dual compensation received from both a consumer and person other than consumer. | Reviewer Comment (2025-12-03): Received, Clearing. Seller Comment (2025-12-02): Comment from XXXX (XXXX): See attached Reviewer Comment (2025-11-29): Please provide the invoice that the broker paid. Seller Comment (2025-11-29): Comment from XXXX (XXXX): See attached Buyer Comment (2025-11-29): Comment from XXXX (XXXX): Hi team, how can we solve this condiition? Reviewer Comment (2025-11-26): XXXX had previously discussed the possibility of curing such violations through a refund of one of the payments, but our counsel had advised that such a refund would not change the fact that the loan originator was compensated by both the borrower and the creditor in violation of the dual compensation prohibitions. As a result, there is no cure for the exception. Seller Comment (2025-11-25): Comment from XXXX (XXXX): See attached |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102939 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for XXXX Guaranty Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for XXXX Guaranty Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-01): XXXX received Corrected
PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check
resulting in a cured the exception. Seller Comment (2025-11-28): Comment from XXXX (XXXX): See attached Reviewer Comment (2025-11-26): XXXX Received CD dated XXXX is dated same date as Final CD. In order to cure this exception, kindly provide corected PCCD dated after FinaL CD. Seller Comment (2025-11-25): Comment from XXXX (XXXX): See attached |
12/01/2025 | 2 | C | B | C | B | C | B | C | B | C | B | TX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000098734 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. PDI ordered XXXX. | Reviewer Comment (2025-11-26): Received, Clearing. |
11/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | C | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000098734 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36 | Reviewer Comment (2025-12-05): AVM provided. Cleared. Seller Comment (2025-12-05): Comment from XXXX (XXXX): Please see report |
12/05/2025 | 1 | D | A | B | A | D | A | C | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | C | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| XXXXX | 4000098734 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No Cure provided | Reviewer Comment (2025-12-08): XXXX received LOX rebuttal
comment and further review title fees are added with subsequent LE and CD and
the fees are within that tolerance limit. Seller Comment (2025-12-05): Comment from XXXX (XXXX): Please review the LOE and advise if this condition can be cleared Reviewer Comment (2025-12-03): XXXX received COC and SSPL, however COC does not give sufficient information on why the title settlement fee and title lenders insurance fee was added. In order to determine if the changed circumstance is valid more information is necessary on reason fee added and when lender became aware of the change. A valid COC or cure is required. Cure documents consist of PCCD, LOE, proof of mailing and copy of refund check. Seller Comment (2025-12-02): Comment from XXXX (XXXX): The borrower chose XXXX XXXX XXX as the settlement agent which was provided to the borrower on the LE dated XXXX . Based on this tolerance cure is not applicable. |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | D | B | C | A | C | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000098734 | XXXXX | XXXXX | Property | Valuation | General | Valuation | Valuation Product pending | XXXX/ Post Disaster Inspection + XXXX - 5 Days | Reviewer Comment (2025-11-26): Received, Clearing. Reviewer Comment (2025-11-25): Valuation Received - XXXX |
11/26/2025 | 1 | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | C | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000098734 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-05): Accepted as is per
client. |
12/05/2025 | 2 | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | C | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000098734 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | C | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000099631 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Mortgage closing documents missing for primary residence supporting 2nd lien of P&I $XXXX. | Reviewer Comment (2025-12-02): Received Closing Disclosure
confirms that the monthly P&I for the property XXXX. Exception
cleared. Buyer Comment (2025-12-02): Comment from XXXX (XXXX): updated 1003 & DU removing 2nd lien of P&I XXXX attached to the other condition Reviewer Comment (2025-11-28): The 1003 lists 2nd lien of P&I XXXX as a new loan for XXXX . Buyer Comment (2025-11-28): Comment from XXXX (XXXX): I cannot locate a payment doc or payment for XXXX showing XXXX . Can you please let me know where you saw this? |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | C | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000099631 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Reviewer Comment (2025-11-24): Accepted as is. |
11/24/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | C | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000099631 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Compliance | Consumer Purpose Determined On Investment Property Test | Loan file contains documentation that may indicate subject transaction was originated as a consumer purpose loan. Client to review and determine if loan should be tested for full Credit/Compliance. | Reviewer Comment (2026-03-16): PCCD received indicating
the borrower did not take out additional funds for personal use Reviewer Comment (2026-03-16): reopened Reviewer Comment (2025-12-08): c Seller Comment (2025-12-08): Comment from XXXX (XXXX): signed pccd Reviewer Comment (2025-12-02): The post close CD is not signed, provide signed CD Seller Comment (2025-12-02): Comment from XXXX (XXXX): Please see attached final ALTA, PCCD & LOX. Target was not paid off with this mortgage. If you look at the CD that was given for the new mortgage on 1200 Danielle, that is where that card was paid off. Reviewer Comment (2025-11-28): The CD reflects payoff of a personal credit card which makes this not a business purpose loan. Seller Comment (2025-11-28): Comment from XXXX (XXXX): business purpose |
03/16/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000099631 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Disparity In Occupancy - Investment Loans | Loan does not qualify for Investment Loans scope because the Final 1003 does not indicate that the property will be an Investment Property or the Final 1003 Declarations, Valuation or Occupancy Certificate indicates the borrower intends to occupy the subject property. | Appraisal provided lists property as Owner Occupied | Reviewer Comment (2025-12-02): Cleared with updated
appraisal indicating tenant occupied. Seller Comment (2025-12-02): Comment from XXXX (XXXX): updated appraisal |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | C | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000099631 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | AUS Findings: Investor qualifying total debt ratio discrepancy. | Evidence not provided to support the omission of borrower debts and primary 1st lien with XXXX. | Reviewer Comment (2025-12-09): Received, Clearing. Seller Comment (2025-12-08): Comment from XXXX (XXXX): signed urla Reviewer Comment (2025-12-08): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX exceeds AUS total debt ratio of XXXX . Reviewer Comment (2025-12-02): The updated 1003's are not signed, provide signed 1003's Seller Comment (2025-12-02): Comment from XXXX (XXXX): updated 1003 & DU removing 2nd lien of P&I XXXX Reviewer Comment (2025-11-28): The 1003 lists 2nd lien of P&I XXXX as a new loan for XXXX . Reviewer Comment (2025-11-28): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX exceeds AUS total debt ratio of XXXX. Seller Comment (2025-11-28): Comment from XXXX (XXXX): The borrower paid off the XXXX with a new XXXX . Please see the attached CD & 1st payment letter |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000099631 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Evidence not provided to support the omission of borrower debts and primary 1st lien with XXXX. | Reviewer Comment (2025-12-09): Received, Clearing. Reviewer Comment (2025-12-08): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX exceeds Guideline total debt ratio of XXXX . Reviewer Comment (2025-11-28): The 1003 lists 2nd lien of P&I XXXX as a new loan for XXXX . Reviewer Comment (2025-11-28): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX exceeds Guideline total debt ratio of XXXX . Buyer Comment (2025-11-28): Comment from XXXX (XXXX): The borrower paid off the XXXX with a new XXXX . Please see the attached CD & 1st payment letter |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000098777 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-24): Accepted as is. |
11/24/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WA | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000098777 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Statement is missing. | Reviewer Comment (2025-12-02): Cleared with first payment
letter Seller Comment (2025-12-02): Comment from XXXX (XXXX): XXXX closed on XXXX See attached FPL. No statement yet |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000101691 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-26): Clearing based on review
coming back within tolerances. |
11/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000101691 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA - Initial Escrow Account statement Inaccurate | RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure. | Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure. | Reviewer Comment (2025-11-25): Accepted as is. |
11/25/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Second Home | Purchase | If the IEAD is correct and the CD/HUD is incorrect, we require a
corrected PCCD/HUD with LOE to borrower to cure. Signature is not
required. If the CD/HUD is correct and the IEAD is incorrect, we require LOE and corrected IEAD to cure. Signature is not required. |
C | B | C | B | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000101691 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Max LTV for rural, second home transaction is XXXX%. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-29): Client elects to waive with
compensating factors Seller Comment (2025-12-29): Comment from XXXX (XXXX): XXXX : Please see the attached exception from the investor. Reviewer Comment (2025-12-08): XXXX, Inc appraisal would need updated away from rural or an exception from the buyer of the loan since one appraisal states rural. Seller Comment (2025-12-08): Comment from XXXX (XXXX): XXXX : Both appraisals confirms the subject was zoned as "Single Family Residential" and indicates the subject is located in a residential area with similar properties. The subject is truly residential in nature, and the guideline requiring a max LTV of 70% is not applicable. |
12/29/2025 | 2 | B | B | B | B | B | CA | Second Home | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| XXXXX | 4000099705 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule XXXX Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation. | The file was missing evidence the Right to Receive Appraisal Disclosure provided to borrower XXXX days of initial application. | Reviewer Comment (2025-11-24): Accepted as is. |
11/24/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000099705 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Business Purpose Certificate missing in file. | Reviewer Comment (2025-11-28): Received Business Purpose
Certificate. Exception cleared. Seller Comment (2025-11-26): Comment from [XXXX ] ([XXXX ]): Business Purpose Affidavit attached. |
11/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000099705 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from insurer. Calculations are based on XXXX of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient byXXXX | Reviewer Comment (2025-11-26): Received, Clearing. Seller Comment (2025-11-26): Comment from [XXXX ] ([XXXX ]): confimred form insurance Reviewer Comment (2025-11-26): Replacement Cost Estimator not received. Exception remains. Buyer Comment (2025-11-25): Comment from [XXXX ] ([XXXX ]): The current HOI clearly states in the coverage information section **REPLACEMENT COST COVERAGE INCLUDED** - isn't that sufficient? Reviewer Comment (2025-11-25): The carrier can provide a letter that states the property is insured for the replacement cost of the property. An RCE is not being requested. Seller Comment (2025-11-25): Comment from [XXXX ] ([XXXX ]): PER UW - To whom it may concern: The state of [XXXX ] Statue attached for your reference does not allow a lender to dictate the amount of the policy limit. Reject an insurance policy solely because the policy has been issued or underwritten by any person who is not associated with a financial institution, or with any subsidiary or affiliate thereof, when such insurance is required in connection with a loan or extension of credit; or unreasonably disapprove the insurance policy provided by a borrower for the protection of the property securing the credit or lien. For purposes of this paragraph, such disapproval shall be deemed unreasonable if it is not based solely on reasonable standards, uniformly applied, relating to the extent of coverage required by such lender or person extending credit and the financial soundness and the services of an insurer. Such standards shall not discriminate against any particular type of insurer, nor shall such standards call for the disapproval of an insurance policy because such policy contains coverage in addition to that required. |
11/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000102369 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-11-25): Accepted as is. |
11/25/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | C | B | N/A | No | |||||||||||
| XXXXX | 4000102369 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized, and was originated with an Appraisal Waiver. AVM does not support the value used to qualify. Sec ID: 28 | Reviewer Comment (2025-12-10): Condo appraisal received,
exception cleared Seller Comment (2025-12-10): Comment from XXXX (XXXX): 2055 Reviewer Comment (2025-12-03): AVM provided had a -15.3086% variance which is not acceptable. A BPO or 2055 appraisal is required now. Seller Comment (2025-12-02): Comment from XXXX (XXXX): UW cert Reviewer Comment (2025-12-02): AVM value of $XXXX Is not within variance for Appraisal Waiver Value. Exception remains. Buyer Comment (2025-12-02): Comment from XXXX (XXXX): Was the AVM that failed run by XXXX? Our our AVM has over 80% confidence score Reviewer Comment (2025-11-28): A BPO or 2055 Exterior valuation would be next tiered since the AVM failed. Buyer Comment (2025-11-28): Comment from XXXX (XXXX): We closed with an appraisal waiver. What do you need for this condition? The AUS accepted the value. Reviewer Comment (2025-11-26): Appraisal provided is over 1 year old. This doesn't meet guidelines or securitization requirements. Seller Comment (2025-11-26): Comment from XXXX (XXXX): appraisal report |
12/10/2025 | 1 | C | A | B | A | C | A | C | A | C | A | CA | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | C | B | N/A | No | |||||||||||||
| XXXXX | 4000102369 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Reviewer Comment (2025-11-26): Received, Clearing. Seller Comment (2025-11-26): Comment from XXXXXX XXXXX (XXXXXX, XXX): Appraisal attached Reviewer Comment (2025-11-26): A property inspection is part of the guidelines. Buyer Comment (2025-11-25): Comment from XXXXX XXXX (XXXXX, XXX The condition says that the disaster is in1998 and this property was last sold in 2017. Could this condition be escalated and waived since It has been over 25 years? |
11/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | C | B | N/A | No | |||||||||||||
| XXXXX | 4000102369 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized, and was originated with an Appraisal Waiver. AVM does not support the value used to qualify. Sec ID: 28 | Note Date: ___; Lien Position: ___ | 3 | A | B | A | A | A | CA | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | C | B | N/A | No | |||||||||||||||||||
| XXXXX | 4000097343 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | XXXX Mortgage statement is marked missing. XXXX: Hazard Insurance Document is marked missing. XXXXMortgage statement is marked missing. XXXX Mortgage statement is marked missing. XXXX Mortgage statement is marked missing. XXXX Mortgage statement is marked missing. XXXX Mortgage statement is marked missing. XXXX Mortgage statement is marked missing. |
Reviewer Comment (2025-12-04): Received First Payment
Letter for Comment from XXXX (XXXX ):
a. Exception cleared. Reviewer Comment (2025-12-04): Missing Statement for REO: XXXX Reviewer Comment (2025-12-04): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Statement Insurance Verification Statement Statement Statement Statement Statement Statement Seller Comment (2025-12-04): Comment from XXXX (XXXX ): a Reviewer Comment (2025-12-02): Still require - XXXX Mortgage statement is marked missing. XXXX Mortgage statement is marked missing. XXXX Mortgage statement is marked missing. XXXX Mortgage statement is marked missing. XXXX Mortgage statement is marked missing. XXXX Mortgage statement is marked missing. XXXX Mortgage statement is marked missing. The first payment letters received all have the same address and they cannot be used regardless. Seller Comment (2025-12-02): Comment from XXXX (XXXX ): a Reviewer Comment (2025-11-26): Reviewed the provided documents. Still missing the following: XXXX Mortgage statement is marked missing. XXXX : Hazard Insurance Document is marked missing. XXXX Mortgage statement is marked missing. XXXX Mortgage statement is marked missing. XXXX Mortgage statement is marked missing. XXXX Mortgage statement is marked missing. XXXX Mortgage statement is marked missing. XXXX Mortgage statement is marked missing. Seller Comment (2025-11-25): Comment from XXXX XXXXXX (XXXX ): a |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000097326 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Reviewer Comment (2025-12-04): Received final closing
disclosure Seller Comment (2025-12-04): Comment from XXXX (XXXX ): a Reviewer Comment (2025-12-01): Did not receive the required information for this property. The first payment letter is not verification it is an estimate. Exception remains Seller Comment (2025-12-01): Comment from XXXX (XXXX ): a |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000097326 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Reviewer Comment (2025-12-04): Received, cleared Seller Comment (2025-12-04): Comment from XXXX (XXXX ): a Reviewer Comment (2025-12-01): Did not receive the required information for this property. The first payment letter is not verification it is an estimate. Exception remains Seller Comment (2025-12-01): Comment from XXXX (XXXX ): a |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000097326 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Reviewer Comment (2025-12-04): Received final closing
disclosure Seller Comment (2025-12-04): Comment from XXXX (XXXX ): a Reviewer Comment (2025-12-01): Did not receive the required information for this property. The first payment letter is not verification it is an estimate. Exception remains Seller Comment (2025-12-01): Comment from XXXX (XXXX ): a |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000097326 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Reviewer Comment (2025-12-04): Received final closing
disclosure from purchase Seller Comment (2025-12-04): Comment from XXXX (XXXX ): a Reviewer Comment (2025-12-01): Did not receive the required information for this property. The first payment letter is not verification it is an estimate. Exception remains Seller Comment (2025-12-01): Comment from XXXX (XXXX ): a |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000097326 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Reviewer Comment (2025-12-04): Received, cleared Seller Comment (2025-12-04): Comment from XXXX (XXXX ): a Reviewer Comment (2025-12-01): Did not receive the required information for this property. The first payment letter is not verification it is an estimate. Exception remains Seller Comment (2025-12-01): Comment from XXXX (XXXX ): a |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000100142 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-25): Accepted as is. |
11/25/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100142 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary title policy is withinXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-11-25): Accepted as is. |
11/25/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000097472 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Flood insurance coverage amount is insufficient. | Coverage is insufficient by $XXXX. | Reviewer Comment (2025-12-15): Blanket policy provided.
Cleared. Seller Comment (2025-12-15): Comment from XXXX (XXXX): Please see the attached HOA master insurance policy which includes flood coverage of $XXXX - The RCE is attached as well |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000097472 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX. | Reviewer Comment (2025-12-10): Subject property type is
PUD Attached and Master Insurance Policy is received. exception cleared. Seller Comment (2025-12-10): Comment from XXXX (XXXX): Master Insurance with flood coverage included and RCE |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000097472 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | The Flood Insurance Policy effective date is after the Note Date. | Reviewer Comment (2025-12-15): Updated policy provided.
Cleared. |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000099948 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Reviewer Comment (2025-11-26): Received, Clearing. Seller Comment (2025-11-26): Comment from XXXX (XXXX ): Hello, please see attached |
11/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000099948 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Reviewer Comment (2025-11-26): Received, Clearing. Seller Comment (2025-11-26): Comment from XXXX (XXXX ): Hello, please see attached |
11/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000099948 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Security Instrument Error: Security instrument maturity date and note maturity date do not concur. | Note Maturity Date of XXXX is not matching with the Security Instrument Maturity Date XXXX. | Reviewer Comment (2025-12-03): Full note with corrected
maturity date received, exception cleared Seller Comment (2025-12-03): Comment from XXXX (XXXX): Hello, please see attached note Reviewer Comment (2025-12-02): Received only 1st page of Note document. Please provide signed copy of Note document with updated maturity date. Exception remains. Seller Comment (2025-12-01): Comment from XXXX(XXXX): Hello, please see attached 1st page of the note with the correct maturity date to be swapped out. |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102164 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. No cure was provided. | Reviewer Comment (2025-12-04): Sufficient cure provided.
Full cure amount for tolerance violation was provided at or before closing
(on final CD) resulting in a cleared exception. Seller Comment (2025-12-03): Comment from XXXX (XXXX): Please waive. Lender Credit given |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000102164 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. No cure was provided. | Reviewer Comment (2025-12-04): Sufficient cure provided.
Full cure amount for tolerance violation was provided at or before closing
(on final CD) resulting in a cleared exception. Buyer Comment (2025-12-03): Comment from XXXX (XXXX): Please waive. Lender Credit given. See upload |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000102164 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $XXXX.00 exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. No cure was provided. | Reviewer Comment (2025-12-10): XXXX received PCCD and
LOE Seller Comment (2025-12-09): Comment from XXXX (XXXX): Clerical PCCD - Atty Fee & Survey Fee moved to section H. Borrower wanted. Not a requirement |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000102164 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Attorney's Fee (Closing Agent and Other). Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Attorney's Fee (Closing Agent and Other). Fee Amount of $XXXX. No cure was provided. | Reviewer Comment (2025-12-10): XXXX received PCCD and
LOE Buyer Comment (2025-12-09): Comment from XXXX (XXXX): See upload Clerical PCCD - Atty Fee & Survey Fee moved to section H. Borrower wanted. Not a requirement |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000102164 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Need the insurance and HOA documentation for this address. | Reviewer Comment (2025-12-03): Received insurance and HOA
verification. Exception cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): REO Docs |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Second Home | Purchase | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000102164 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure provided at closing | Reviewer Comment (2025-12-10): Sufficient Cure Provided At
Closing |
12/10/2025 | 1 | A | A | A | A | A | NJ | Second Home | Purchase | Final CD evidences Cure | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||||||||
| XXXXX | 4000102164 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure provided at closing | Reviewer Comment (2025-12-10): Sufficient Cure Provided At
Closing |
12/10/2025 | 1 | A | A | A | A | A | NJ | Second Home | Purchase | Final CD evidences Cure | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||||||||
| XXXXX | 4000101965 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-25): Accepted as is. |
11/25/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101965 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-11-25): Accepted as is. |
11/25/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000098815 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36 | Secondary valuation is missing. Guidelines require Loans using an AUS Appraisal Waiver will need an AVM as a third-party valuation. | Reviewer Comment (2025-12-04): AVM provided. Cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Please see attached |
12/04/2025 | 1 | D | A | B | A | D | A | C | A | D | A | NV | Second Home | Purchase | D | B | C | A | C | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000098815 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Property is located in a FEMA Disaster area and has not been inspected. AUS/DU has an Appraisal Waiver and Guidelines require an AVM. PDI ordered XXXX. | Reviewer Comment (2025-11-28): Received, Clearing. |
11/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Second Home | Purchase | D | B | C | A | C | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000098815 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. | Business tax returns were not signed and dated by the borrower for XXXX, XXXX/Partnership, and XXXX /S-Corp. | Reviewer Comment (2025-12-02): Signed 4506-C in file for
XXXX and XXXX 1040s acceptable as alternative to signatures on returns Buyer Comment (2025-12-01): Comment from XXXX (XXXX): Please see page 147 for form 8879 |
12/02/2025 | 1 | B | A | C | A | B | A | C | A | B | A | NV | Second Home | Purchase | Lender to provide updated ATR/QM status | D | B | C | A | C | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000098815 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Income and Assets - Partnership | General QM: Unable to verify Partnership income using reasonably reliable third-party records. | Tax returns for XXXX/Partnership were not signed and dated by the borrower. | Reviewer Comment (2025-12-02): Signed 4506-C in file for
XXXX and XXXX 1040s acceptable as alternative to signatures on returns Buyer Comment (2025-12-01): Comment from XXXX (XXXX): Please see page 147 for form 8879 |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Second Home | Purchase | D | B | C | A | C | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000098815 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Income and Assets - S-Corp | General QM: Unable to verify S-Corp income using reasonably reliable third-party records. | Tax returns for XXXX/S-Corp were not signed and dated by the borrower. | Reviewer Comment (2025-12-02): Signed 4506-C in file for
XXXX and XXXX 1040s acceptable as alternative to signatures on returns Buyer Comment (2025-12-01): Comment from XXXX (XXXX): Please see page 147 for form 8879 |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Second Home | Purchase | D | B | C | A | C | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000098815 | XXXXX | XXXXX | Property | Valuation | General | Valuation | Valuation Product pending | XXXX / Post Disaster Inspection + XXXX - 5 Days | Reviewer Comment (2025-11-28): Received, Clearing. Reviewer Comment (2025-11-27): Valuation Received - XXXX |
11/28/2025 | 1 | A | A | A | A | A | NV | Second Home | Purchase | D | B | C | A | C | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000098815 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-04): Accepted as is per
client |
12/04/2025 | 2 | B | B | B | B | B | NV | Second Home | Purchase | D | B | C | A | C | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000098815 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-04): Accepted as is per
client. |
12/04/2025 | 2 | B | B | B | B | B | NV | Second Home | Purchase | D | B | C | A | C | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000099389 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-11-26): Accepted as is. |
11/26/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000099430 | XXXXX | XXXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | E-sign Consent Agreement is missing. | Reviewer Comment (2025-11-28): E-sign Consent Agreement
received, exception cleared Seller Comment (2025-11-28): Comment from XXXX (XXXX): econsent |
11/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IN | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000099430 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-11-25): Sufficient Cure Provided At
Closing |
11/25/2025 | 1 | A | A | A | A | A | A | A | A | A | A | IN | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000099430 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date of XXXX. | Reviewer Comment (2026-01-07): Letter of Explanation,
Proof of Delivery and ROR received Seller Comment (2026-01-07): Comment from XXXX (XXXX): ROR Reviewer Comment (2025-12-17): Correct Model Form is H-8 which was utilized initially. Exception remains. Buyer Comment (2025-12-17): Comment from XXXX (XXXX): what correct model form do you speak of? Reviewer Comment (2025-12-10): The cure for this is to provide a Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form. Seller Comment (2025-12-10): Comment from XXXX (XXXX): LOX |
01/07/2026 | 2 | C | B | C | B | C | B | C | B | C | B | IN | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000098589 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower | Reviewer Comment (2025-12-15): XXXX received COC dated
XXXX and LOE and approval dated XXXX
for adding CDA. Seller Comment (2025-12-11): Comment from XXXX (XXXX): LOX and approval certs Reviewer Comment (2025-12-10): XXXX received Changed Circumstance dated XXXX , but it does not give sufficient information on why the why the fee was added. In order to determine if the changed circumstance is valid more information is necessary on reason fee added and when lender became aware of the change. A valid COC or cure is required. Cure documents consist of PCCD, LOE, proof of mailing and copy of refund check. Seller Comment (2025-12-09): Comment from XXXX (XXXX): COC and CD |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MN | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000100734 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-26): Clearing based on review
coming back within tolerances. |
11/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100832 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Need documentation verifying that another person or entity pays the mortgage on each REO. If the borrower makes the payments they will be included and the DTI will be outside of guidelines. | Reviewer Comment (2025-12-05): Received, Clearing. Seller Comment (2025-12-05): Comment from XXXX (XXXX ): Amendment Reviewer Comment (2025-12-02): Departing residence PITIA / ITIA can be offset by 75% of projected net rental income or if subject is recently rented, a copy of two of the following will be acceptable (first month's rent, last month's rent, security deposit). Seller Comment (2025-12-02): Comment from XXXX (XXXX ): Both REO properties have been accounted for. XXXX is on the tax returns and rental income calculated accordingly. XXXX . is the departing residence and the mortgage is offset by the lease agreement |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100832 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Mismatch of data related to Occupancy. | The loan file contains two lease agreements - one for departing residence XXXX, showing the borrower's mail address is XXXX The second is for the subject XXXX, and shows the borrower's mailing address is XXXX. The first lease has a start date of XXXX and the second has a start date of XXXX. Unable to confirm subject occupancy type. | Reviewer Comment (2025-12-04): Received, Clearing. Seller Comment (2025-12-04): Comment from XXXX (XXXX ): The contract did have a leaseback agreement, however, there was an amendment removing lease agreement from contract and it was signed and dated at closing. Please see attached |
12/04/2025 | 1 | A | A | A | A | A | TX | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||||
| XXXXX | 4000101786 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-26): Accepted as is. |
11/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101786 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Provide Appraisal invoice for POCB. | Reviewer Comment (2025-11-28): Received Invoice. Exception
cleared. Seller Comment (2025-11-26): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
11/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101296 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-26): Clearing based on review
coming back within tolerances. |
11/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101296 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Title Commitment or Preliminary title policy amount is blank. | Reviewer Comment (2025-12-19): Updated title report
provided. Cleared. Seller Comment (2025-12-19): Comment from XXXX (XXXX): XXXX - see attached |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000099702 | XXXXX | XXXXX | Credit | 1003 | Document Error | 1003 | Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. | - | Permanent Resident Card is missing. | Reviewer Comment (2025-12-09): Permanent Resident card
received shows it is expired. However, the Notice of Action form states that
the card is extended for 48 months from the expiration date which would be
XXXX . Exception cleared Seller Comment (2025-12-09): Comment from XXXX (XXXX): perm res docs |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000099702 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided | Permanent Resident verification is missing for Borrower 1. | Reviewer Comment (2025-12-09): Permanent Resident card
received shows it is expired. However, the Notice of Action form states that
the card is extended for 48 months from the expiration date which would be
XXXX . Exception cleared Seller Comment (2025-12-09): Comment from XXXX (XXXX): perm res docs |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000099130 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-26): Accepted as is. |
11/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000099130 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-11-26): Accepted as is. |
11/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000095109 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Business Purpose Certificate is Missing | Reviewer Comment (2025-11-25): Clearing based on switching
profiles and fully testing. Reviewer Comment (2025-11-22): Please contact buyer of loan as to test for consumer purpose will mean to change the scope and will be an increased price for the review which requires approval. Buyer Comment (2025-11-21): Comment from XXXX (XXXX): Please test as consumer purpose |
11/25/2025 | 1 | C | A | C | A | C | A | C | A | C | A | RI | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000095109 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Insurance Verification is Missing | Reviewer Comment (2025-11-25): Received, Clearing. Reviewer Comment (2025-11-22): Received, Clearing. Buyer Comment (2025-11-21): Comment from XXXX (XXXX): The borrower LOE is on page 559. They do not have HOI. Please waive |
11/25/2025 | 1 | C | A | C | A | C | A | C | A | C | A | RI | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000095109 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | Investment Property Submitted as QM Test | Ability-to-Repay (Dodd-Frank 2014): Improper Originator Loan Designation. Investment property not subject to TILA Ability-to-Repay requirements under XXXX based on deal settings. | Reviewer Comment (2025-11-25): Changed profile cleared
exception. |
11/25/2025 | 1 | B | A | B | A | B | A | B | A | B | A | RI | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000095109 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. (XXXX) | Reviewer Comment (2025-12-12): XXXX received Letter of
Explanation, Copy of Refund Check, and Corrected CD. Seller Comment (2025-12-11): Comment from XXXX (XXXX): The title company issued a refund please see supporting docs attached Reviewer Comment (2025-12-09): XXXX received corrected Closing disclosure. However, the LOE to borrower, copy of refund check and proof of mailing label was not located in trailing documents. Please provide LOE to borrower, copy of refund check and proof of mailing label to complete remediation. Seller Comment (2025-12-05): Comment from XXXX (XXXX): We are proceeding with cure Seller Comment (2025-12-05): Comment from XXXX (XXXX): We are proceeding with the cure |
12/12/2025 | 2 | C | B | C | B | C | B | C | B | C | B | RI | Investment | Refinance - Limited Cash-out GSE | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000100821 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-26): Accepted as is. |
11/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000099699 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-26): Clearing based on review
coming back within tolerances. |
11/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000099699 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of appraisal is missing. | Reviewer Comment (2025-11-26): Accepted as is. |
11/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103478 | XXXXX | XXXXX | Credit | Guideline | Guideline Issue | Guideline | Short Term Rental property consistently used as a seasonal or vacation rental (i.e., AirBnB) and evidence of at least 12 months of Operating History is not present in the loan file. | please provide documentation of receipt of rental income, screenshots to verify stays or property management reports | Reviewer Comment (2025-11-28): Received Vacation Rental
Income Statement. Exception cleared. Seller Comment (2025-11-26): Comment from XXXX (XXXX): Please see uploaded XXXX TTMs confirming stays at the property, along with a property management report showing 2025 bookings. |
11/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100697 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-26): Accepted as is. |
11/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101783 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101783 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101940 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | AUS Findings: Investor qualifying total debt ratio discrepancy. | Primary Housing was excluded from calculations. | Reviewer Comment (2025-12-01): Corrected AUS provided.
Cleared. Seller Comment (2025-12-01): Comment from XXXX (XXXX): Hello, please see attached. Reviewer Comment (2025-11-26): Per 1003 and HOA Statement XXXX total PITIA for Primary. Exception remains. Seller Comment (2025-11-26): Comment from XXXX (XXXX): Hello, please see attached. |
12/01/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000101940 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-26): Accepted as is. |
11/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000099995 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-26): Accepted as is. |
11/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000099995 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | no cure was provided | Reviewer Comment (2025-12-05): XXXX Received Corrected
PCCD and LOE along with final settlement statement. Seller Comment (2025-12-04): Comment from XXXX (XXXX): recording fees |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000099995 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Cure was provided | Reviewer Comment (2026-01-14): XXXX received Corrected
PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check
resulting in a cured the exception. Seller Comment (2026-01-13): Comment from XXXX (XXXX): PCCD |
01/14/2026 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000102535 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument is missing. | Reviewer Comment (2025-12-04): Received, Clearing. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Please see DOT |
12/04/2025 | 1 | D | A | D | A | D | A | D | A | D | A | TN | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102535 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Rider - Prepayment not provided | Reviewer Comment (2025-12-08): Received Rider -
Prepayment. Exception cleared. Buyer Comment (2025-12-05): Comment from XXXX (XXXX): Please revisit this suspense as the Prepayment rider was included in MTG uploaded and cleared. (page 18-19) |
12/08/2025 | 1 | A | A | A | A | A | TN | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXX | 4000100182 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100296 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Provide a copy of the appraisal invoice reflecting an amount of $XXXX, along with documentation for additional assets totaling $XXXX to satisfy the reserve requirement | Reviewer Comment (2025-12-04): Received Appraisal Invoice.
Exception cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Hello, please see attached, thank you |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100296 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Provide a copy of the Credit report invoice reflecting an amount of $XXXX, along with documentation for additional assets totaling $XXXX to satisfy the reserve requirement | Reviewer Comment (2025-12-10): Reserves exception
waived Reviewer Comment (2025-12-04): Please provide paid invoice for credit report fee of XXXX . Exception remains. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Hello, please see attached, thank you |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100296 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Provide a copy of the HOA Cert fee invoice reflecting an amount of $XXXX along with documentation for additional assets totaling $XXXX to satisfy the reserve requirement | Reviewer Comment (2025-12-04): Received POCB HOA Cert
Invoice. Exception cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Hello, please see attached, thank you |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100296 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Provide a copy of the HOI invoice reflecting an amount of $XXXX, along with documentation for additional assets totaling $XXXX to satisfy the reserve requirement | Reviewer Comment (2025-12-04): Received POCB Hazard
premium Invoice. Exception cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Hello, please see attached, thank you |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100296 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Borrower waived the right to receive a copy of appraisal (3) business days prior to consummation. | Reviewer Comment (2025-11-26): Accepted as is. |
11/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100296 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date of XXXX. | Reviewer Comment (2025-12-13): Received, Clearing. Buyer Comment (2025-12-12): Comment from XXXX (XXXX): Hello Team, please advise why we need reopen recission for this file since the loan does not have any cure. Thank you Reviewer Comment (2025-12-05): Proof of Delivery, and Re-open Rescission using the correct model form is still needed for the cure. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Hello, please see attached the Post Consummation CD showing the disbursement date is XXXX . Thank you |
12/13/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000100296 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Calculated months of reserves is less than the required reserves of 6 months. | Borrower has verified disposable income of at least $2500.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-10): Client elects to waive with
compensating factors |
12/10/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000100296 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Assets for closing in the amount of $XXXX is less than cash from borrower in the amount of $XXXX. | Reviewer Comment (2025-12-05): Received, Clearing. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Hello, please see attached the Post Consummation Closing Disclosure and Final Settlement statement showing the borrower get cash back and no need fund to close. Thank you |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100296 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan is at ATR risk due to short funds to close and reserves. | Reviewer Comment (2025-12-10): Client waived reserves
exception |
12/10/2025 | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100296 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Loan is at ATR risk due to short funds to close and reserves. | Reviewer Comment (2025-12-10): Client waived reserves
exception |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100373 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | HOA Verification is missing for REO XXXX. | Reviewer Comment (2025-12-01): Received HOA Verification
for XXXX . Exception cleared. Seller Comment (2025-12-01): Comment from XXXX (XXXX): Hello, please see attached, thank you |
12/01/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100824 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Preliminary title policy amount is blank. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100824 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | TIL Higher Priced Mortgage Loan Safe Harbor Test | TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. | TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100709 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | - | Reviewer Comment (2025-12-02): Received 442 - Certificate
of Completion. Exception cleared. Seller Comment (2025-12-02): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | C | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100709 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | B | B | C | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100709 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Calculated Available for Reserves of $XXXX is less than Guideline Available for Reserves of $XXXX. | Reviewer Comment (2025-12-08): Cleared with PCCD Seller Comment (2025-12-08): Comment from XXXX (XXXX): Total assets XXXX - Cash to Close per PCCDXXXX = XXXX available for reserves. Required reserves = XXXX * 4 months = XXXX . Therefore, we have verified sufficient reserves, thank you. Reviewer Comment (2025-12-01): Received POCB Invoices are included in assets for closing. However, assets available for reserves of XXXX is less than guideline requirement of XXXX . Please provide additional assets. Exception remains. Seller Comment (2025-12-01): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | C | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101527 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Calculated PITIA months reserves of XXXXis less than Guideline PITIA months reserves of XXXX. | Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-03): XXXX approves reserves as
is. |
12/03/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000101527 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2025-12-03): Clearing based on waived
reserves exception. |
12/03/2025 | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000101527 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX. | Reviewer Comment (2025-12-03): Clearing based on waived
reserves exception. |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101526 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Invoice missing for POCB Appraisal Fee - $XXXX. | Reviewer Comment (2025-12-01): Cleared invoice received Seller Comment (2025-12-01): Comment from XXXX (XXXX): Hello, please see attached, thank you |
12/01/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101526 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Invoice is missing for POCB Credit Report Fee - $XXXX. | Reviewer Comment (2025-12-01): Invoice received Seller Comment (2025-12-01): Comment from XXXX (XXXX): Hello Team, please see attached, thank you |
12/01/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101526 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Calculated Available for Reserves of ___ is less than Guideline Available for Reserves of ___. | Provide additional assets to meet the cash to close/reserve requirement | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-03): XXXX approves reserves as
is. |
12/03/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000100310 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100417 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation within 3 business days of closing. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Purchase | B | B | A | A | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXX | 4000100159 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX File does not contain a valid COC for this fee, nor evidence of cure provided in file. | Reviewer Comment (2025-12-11): XXXX received Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Seller Comment (2025-12-10): Comment from XXXX (XXXX): PCCD docs |
12/11/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NC | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000098741 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2025-12-10): Sufficient assets to close
and reserves verified Reviewer Comment (2025-12-10): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX Seller Comment (2025-12-10): Comment from XXXX (XXXX): Assets totaling XXXX // Required XXXX // Reserves (XXXX ) XXXX |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000098741 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX. | Reviewer Comment (2025-12-10): Sufficient assets to close
and reserves verified Reviewer Comment (2025-12-10): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX. Seller Comment (2025-12-10): Comment from XXXX (XXXX): Reserves XXXX |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101520 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage amount $XXXX. The loan amount is $XXXX. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | UT | Investment | Refinance - Rate/Term | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000101791 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Electronic Appraisal Delivery p.XXXX reflect appraisal sent XXXX. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000101791 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | AUS Findings: Available for Reserves discrepancy. | Calculated Available for Reserves of $XXXX is less than AUS Available for Reserves of $XXXX. | Reviewer Comment (2025-12-16): Cash back to borrower at
closing was added back to available funds. Sufficient reserves verified Reviewer Comment (2025-12-16): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated Available for Reserves of XXXX is less than AUS Available for Reserves of XXXX . Reviewer Comment (2025-12-13): Please provided the CD that shows this. Buyer Comment (2025-12-12): Comment from XXXX (XXXX): XXXX - XXXX =XXXX Not XXXX Reviewer Comment (2025-12-11): Cash back to borrower is being included in cash to close calculation. Cash back to borrower of XXXX - EMD XXXX = XXXX total required to close. Verified assets XXXX EMD + checking XXXX = XXXX funds to close. XXXX - XXXX = XXXX remaining. Reserves required per AUS is XXXX . Buyer Comment (2025-12-11): Comment from XXXX (XXXX): can you please escalate for review? Thank you, Reviewer Comment (2025-12-05): Per closing costs, borrower received (-)XXXX . No cash out based on calculations provided. Exception remains. Buyer Comment (2025-12-05): Comment from XXXX (XXXX): Why are you not including the XXXX the borrower got back at closing as available funds for reserves? (Available cash) XXXX - XXXX (cash borr need to close) = XXXX in reserves. That is #XXXX acct XXXX + XXXX funds borr got back = XXXX Reviewer Comment (2025-12-02): Assets Available for Closing XXXX ( #XXXX account Funds XXXX + EMD XXXX ) - Cash From Borrower XXXX (Cash to Close to borrower XXXX - EMD XXXX )= Available Reserves is XXXX . XXXX Reserves Required to be verified as per DU. Please provide additional assets. Exception Remains. Buyer Comment (2025-12-02): Comment from XXXX (XXXX): The borrower wired XXXX to title but did not need the entire XXXX . The borrower ended up getting back XXXX at closing. That was figured into the DU for reserves and should also be counted in available assets. |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000101791 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Calculated Available for Reserves of $XXXX s less than Guideline Available for Reserves of $XXXX. | Reviewer Comment (2025-12-16): Cash back to borrower at
closing was added back to available funds. Sufficient reserves verified Reviewer Comment (2025-12-16): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated Available for Reserves of XXXX is less than Guideline Available for Reserves of XXXX . Reviewer Comment (2025-12-13): Please provided the CD that shows this. Seller Comment (2025-12-12): Comment from XXXX (XXXX): check borrower received back at closing |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000100427 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. | Original loan designation of Save Harbor QM APOR does not match due diligence of QM APOR fail | Reviewer Comment (2025-12-09): Received, Clearing. |
12/09/2025 | 1 | B | A | C | A | B | A | C | A | B | A | FL | Second Home | Purchase | Lender to provide updated ATR/QM status | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000100427 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Employment - Schedule C | General QM: Unable to verify current Sole Proprietorship status using reasonably reliable third-party records. | Unable to verify sole proprietorship status using reasonable third party records. | Reviewer Comment (2025-12-09): Received, Clearing. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Schedule C business, license was provided |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000100323 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | OK | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000102222 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Need the insurance documentation for this property. | Reviewer Comment (2025-12-31): Received, Clearing. Seller Comment (2025-12-30): Comment from XXXX (XXXX): rebuttal |
12/31/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000102222 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Missing Disclosure | Notice of Special Flood Hazard Disclosure Not Provided Timely | FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. | Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000102165 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2025-12-29): Client elects to waive with
compensating factors Reviewer Comment (2025-12-10): The buyer approved guidelines are XXXX DSCR XXXX . The provided doesn't match those guidelines. Seller Comment (2025-12-10): Comment from XXXX (XXXX): UW Manager Rebuttal attached |
12/29/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NV | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000100010 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Legal Description not provided | Reviewer Comment (2025-12-04): Received Legal Description.
Exception cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): legal |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000104040 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-01): Client elects to waive |
12/01/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000104040 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Please provide Closing Disclosure or Note or Mortgage statement or First payment Letter to verify the monthly P&I $XXXX for the property XXXX. | Reviewer Comment (2025-12-02): Received first payment
letter. Exception cleared Seller Comment (2025-12-02): Comment from XXXX (XXXX .): 2nd lien FPL and mortgage statement for 1st attached. |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000104040 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file. | Reviewer Comment (2025-12-01): Client elects to waive |
12/01/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102100 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100775 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of is less than Guideline PITIA months reserves of XXXX. Money Market account statements listed on the 1003 are not provided in the file. | Reviewer Comment (2025-12-08): Credit union statement
clears the exception Seller Comment (2025-12-08): Comment from XXXX (XXXX): signed 1003 and Tracking Reviewer Comment (2025-12-03): Provide signed updated 1003 and 1008. exception remains Seller Comment (2025-12-03): Comment from XXXX (XXXX): UPLOADED THESE SAME DOCS YESTERDAY FROM OUR UW AND YOU ALL DID NOT CLEAR OR PUT ANY REASON AS TO WHY - UPLOADED IN MISC |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000099921 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-26): Clearing based on review
coming back within tolerances. |
11/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000098924 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | Final 1003 is not privided. | Reviewer Comment (2025-12-13): Received, Clearing. Seller Comment (2025-12-13): Comment from XXXX (XXXX): See attached. Reviewer Comment (2025-12-10): Received 1003 is incomplete. Please provide complete Final 1003. Exception remains. Seller Comment (2025-12-10): Comment from XXXX (XXXX): The borrower's signature is on page 4. Reviewer Comment (2025-12-09): Received Incomplete 1003. Provide Complete Final 1003 with borrower signature. Exception remains. Seller Comment (2025-12-09): Comment from XXXX (XXXX): See attached Reviewer Comment (2025-12-03): Provide Final 1003 current transaction with property address - "XXXX ". Exception remains. Seller Comment (2025-12-02): Comment from XXXX (XXXX): See attached |
12/13/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000098924 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived the right to receive a copy of appraisal (3) business days prior to consummation. | Reviewer Comment (2025-12-01): Client elects to waive |
12/01/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000098924 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Missing Condo Warranty Certification - Seller may review and approve XXXX warrantable projects. A certification, similar to the XXXX Condominium Project Warranty Certification must be provided with the loan package along with the XXXX Condominium Questionnaire or similar as well as any other documents used to determine eligibility. | Reviewer Comment (2025-12-04): Received, Clearing. Seller Comment (2025-12-04): Comment from XXXX (XXXX): See attached |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000099590 | XXXXX | XXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2025-12-16): LOE of no claims or damage
received. Seller Comment (2025-12-16): Comment from XXXX (XXXX): CERT RE: HOI Reviewer Comment (2025-12-03): The LOE must state no claims filed and no damage to the property. No coverage doesn't mean no damage or claims. Seller Comment (2025-12-03): Comment from XXXX (XXXX): EMAIL FROM INS COMPANY Reviewer Comment (2025-12-02): The property is in a wet state, therefore the policy effective date should be equal to or prior to the note date. Alternatively, a letter from the insurer indicating no claims were made between the note date and the policy effective date. Seller Comment (2025-12-02): Comment from XXXX (XXXX): EXPLANATION HOI / DATES Reviewer Comment (2025-12-01): Policy effective date of XXXX is after consummation date of XXXX . Wet state. Exception remains. Seller Comment (2025-12-01): Comment from XXXX (XXXX): HOI POLICY - FULL YEAR |
12/16/2025 | 2 | C | B | C | B | C | B | C | B | C | B | OH | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000102002 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Borrower waived the right to receive a copy of appraisal (3) business days prior to consummation. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | GA | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102002 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. | Reviewer Comment (2025-12-02): Received previous appraisal
report Seller Comment (2025-12-01): Comment from XXXX (XXXX): Hello, please see attached. |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102002 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided | Reviewer Comment (2025-12-02): Received previous appraisal
report Reviewer Comment (2025-12-01): Received Appraisal Report dated XXXX . Please provide Acknowledgement of Receipt of Appraisal signed by the borrower at closing, confirming the receipt of Appraisal 3 days prior to closing. Exception remains. Seller Comment (2025-12-01): Comment from XXXX (XXXX): Hello, please see attached. |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102787 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Cash-Out Utilization not provided | Cash-Out Utilization is missing. | Reviewer Comment (2025-12-01): Application with
explanation for the cash out was received, exception cleared Seller Comment (2025-12-01): Comment from XXXX (XXXX): Please see uploaded final application. |
12/01/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102787 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Guarantor Agreement is missing. | Reviewer Comment (2025-12-02): Received Guaranty
Agreement. Exception cleared. Seller Comment (2025-12-02): Comment from XXXX (XXXX): Please see uploaded guaranty. |
12/02/2025 | 1 | D | A | D | A | D | A | D | A | D | A | NJ | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102787 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Business Purpose Certificate is missing. | Reviewer Comment (2025-12-02): Received Business Purpose
Certificate. Exception cleared. Seller Comment (2025-12-02): Comment from XXXX (XXXX): Please see uploaded business purpose certification. |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102527 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000102028 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NV | Second Home | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102028 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Missing trust agreement for evidence of access to funds for checking account in the name of the trust. | Reviewer Comment (2025-12-02): Borrower is the trustee, as
verified from bank statement. Exception cleared. Seller Comment (2025-12-01): Comment from XXXX (XXXX): Hello, the bank statement Pg.1 shows that the Borrower is a Trustee of the Trust. Could you please kindly clear the condition for us as we feel that it has satisfied all requirements? Thank you. |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Second Home | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101784 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101784 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Missing evidence of receipt of gift funds in the amount of $XXXX. | Reviewer Comment (2025-12-02): Cleared- wire receipt
received Seller Comment (2025-12-02): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101784 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Missing evidence of receipt of gift funds in the amount of $XXXX. | Reviewer Comment (2025-12-02): Cleared- wire receipt
received Seller Comment (2025-12-02): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000099336 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000099336 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102288 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | No evidence of fraud report in file. | Reviewer Comment (2025-12-12): Fraud report received with
alerts satisfied, exception cleared Seller Comment (2025-12-12): Comment from XXXX (XXXX): Fraud report Reviewer Comment (2025-12-08): Received Fraud Report reflects High Impact Variances which are not cleared. Please provide updated Fraud Report with all red flags addressed. Exception remains. Seller Comment (2025-12-08): Comment from XXXX (XXXX): Fraud report |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MN | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXXXX | 4000102288 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX. Verification of Chase Checking account #XXXX and Earnest Money were not provided. | Reviewer Comment (2025-12-09): Received additional bank
statements included in assets. Available for reserves is sufficient to meet
guideline reserves requirement. Exception cleared. Seller Comment (2025-12-09): Comment from XXXX (XXXX): wire |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MN | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102288 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $XXXX is less than Cash From Borrower $XXXX. Verification of Chase Checking account #XXXXand Earnest Money were not provided. | Reviewer Comment (2025-12-09): Received additional bank
statements included in assets. Available for Closing is sufficient to cover
Cash From Borrower. Exception cleared. Seller Comment (2025-12-09): Comment from XXXX (XXXX): wire |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MN | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102288 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Personal not provided | Verification of Chase Checking account #XXXX was not provided. | Reviewer Comment (2025-12-08): Received bank statement for
personal account #XXXX . Exception cleared. Seller Comment (2025-12-08): Comment from XXXX (XXXX): Statement |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MN | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102288 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Guidelines required Ownership percentage must be documented via CPA letter, Operating Agreement, or equivalent for XXXX business bank statement. | Reviewer Comment (2025-12-10): Received CPA Confirms that
the Ownership percentage of borrower for XXXX . Exception cleared. Seller Comment (2025-12-10): Comment from XXXX (XXXX): CPA letter |
12/10/2025 | 1 | A | A | A | A | A | MN | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||||||
| XXXXX | 4000100063 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2025-12-02): PCCD received and entered,
exception cleared Seller Comment (2025-12-01): Comment from XXXX (XXXX): Hello Team, please see attached the Post Consummation CD and Final Settlement Statement showing the cash to close is XXXX and borrower has enough the fund to close. Thank you |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000100063 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on XXXX prior to three (3) business days from transaction date of XXXX | Reviewer Comment (2025-12-02): PCCD received and entered,
exception cleared Seller Comment (2025-12-01): Comment from XXXX (XXXX): Hello Team, please see attached the Post CD and Final Settlement statement showing the disbursement date is XXXX . Thank you |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000100063 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Borrower has verified disposable income of at least $2500.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-03): XXXX approves reserves as
is. Reviewer Comment (2025-12-02): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX . |
12/03/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000100063 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Waterfall finding due to the Reserve requirements. | Reviewer Comment (2025-12-03): Clearing based on waived
reserves exception. |
12/03/2025 | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100063 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall finding due to the Reserve requirements. | Reviewer Comment (2025-12-03): Clearing based on waived
reserves exception. |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102218 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Reviewer Comment (2025-12-02): Received Fraud Report.
Exception cleared. Seller Comment (2025-12-02): Comment from XXXX (XXXX): Please see attached. |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100349 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2025-12-02): Client elects to waive |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | D | B | B | B | A | A | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100349 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | A valid UCDP score was not provided. A secondary valuation is required to support the primary value for securitization purposes | Reviewer Comment (2025-12-03): Received UCDP Submission
Summary Report with risk score less than 2.5. Hence secondary valuation is
not required. Exception cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): SSR |
12/03/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Purchase | D | B | B | B | A | A | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100668 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient. Coverage is short $XXXX. | Reviewer Comment (2025-12-16): Received Updated Hazard
Insurance Policy. Exception cleared. Seller Comment (2025-12-16): Comment from XXXX (XXXX): Increased coverage |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WV | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000100668 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-11-29): Accepted as is. |
11/29/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WV | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000102801 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved for less than required tradelines. Comp Factors FICO is XXXX, XXXX months in reserves. | The representative FICO score exceeds the guideline minimum by at least 40 points. | SitusAMC | Reviewer Comment (2025-11-28): Client elects to
waive/regrade with compensating factors. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000100160 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title policy coverage amount is $XXXX. The loan amount is $XXXX. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | LA | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000099962 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2025-12-01): Client elects to waive |
12/01/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MO | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000101634 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102544 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-02): Cleared based on review
coming back within tolerances |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102544 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception reflect Guidelines state properties less than 600 sq ft are ineligible. The subject property is a xxx sq ft single family residence but the appraiser was unable to provide a comparable with similar square footage as the type of design ( studio house ) is not common within its neighborhood/market area. Lender Exception reflects Approved. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-11-28): Lender exception
approved |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | SC | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000103089 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103089 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Reviewer Comment (2025-12-08): Received, Clearing. |
12/08/2025 | 1 | B | A | C | A | B | A | C | A | B | A | NY | Primary | Purchase | Lender to provide updated ATR/QM status | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000103089 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Wages | Ability to Repay (Dodd-Frank 2014): Unable to verify income due to, missing W-2, Paystub, LES, ETS or WVOE. | WVOE with income was not provided. | Reviewer Comment (2025-12-08): Received, Clearing. Seller Comment (2025-12-08): Comment from XXXX (XXXX): Please see attached |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103089 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) New York Subprime Loan (Provision Increasing Rate After Default) | New York Subprime Loan: Mortgage loan contains a provision that increases interest rate after default. | Mortgage loan contains a provision that increases interest rate after default. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | Provide the following: Letter of Explanation, modification of loan terms to remove the provision to increase the interest rate after default and proof of mailing. | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000103089 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX+ XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX+ XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000103089 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXXexceeds tolerance of $XXXXplus 10% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-03): Sufficient Cure Provided At
Closing |
12/03/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | Final CD evidences Cure | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | Yes | ||||||||||
| XXXXX | 4000103089 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | General Ability-to-Repay requirements not satisfied. | Reviewer Comment (2025-12-08): Received, Clearing. |
12/08/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103089 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | WVOE with income was not provided. | Reviewer Comment (2025-12-08): Received, Clearing. Seller Comment (2025-12-08): Comment from XXXX (XXXX): Please see attached |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103089 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Based on the loan failing one or more guideline components, the loan is at ATR risk. | Reviewer Comment (2025-12-08): Received, Clearing. |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000102919 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided | Reviewer Comment (2025-12-02): Client elects to waive |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000102919 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. | Reviewer Comment (2025-12-04): Evidence of borrower
appraisal receipt received |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000102919 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-04): Evidence of borrower
appraisal receipt received Seller Comment (2025-12-04): Comment from XXXX (XXXX): Please see attached |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000102919 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | New York Subprime Loan: Counseling Disclosure not provided to borrower. | Reviewer Comment (2025-12-02): Client elects to waive |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000102919 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX+ XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | Reviewer Comment (2025-12-02): Client elects to waive |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000102919 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-12-02): Client elects to waive |
12/02/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000098571 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Mortgage Statement, Insurance and Tax Verification is missing. | Reviewer Comment (2025-12-03): Received Closing Disclosure
confirms the PITIA. Exception cleared. Seller Comment (2025-12-02): Comment from XXXX (XXXX): Please see attached |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000098571 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-01): Client elects to waive |
12/01/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000103032 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Missing Document: Flood Insurance Policy not provided | Reviewer Comment (2025-12-04): Received, Clearing. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Please see attached |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||||
| XXXXX | 4000103032 | XXXXX | XXXXX | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. | Reviewer Comment (2025-12-04): Received, Clearing. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Please see attached |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||||
| XXXXX | 4000103032 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Policy Amount is missing in Prelim Report | Reviewer Comment (2025-12-02): Accepted as is. |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000103032 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-12-02): Accepted as is. |
12/02/2025 | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000103032 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXXexceeds tolerance of $XXXX plus 10% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-11-28): Sufficient Cure Provided At
Closing |
11/28/2025 | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | Final CD evidences Cure | C | B | C | B | C | B | A | A | Non QM | Exempt from ATR | Yes | ||||||||||
| XXXXX | 4000103032 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX | The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX | Reviewer Comment (2025-12-17): XXXX received PCCD, LOE,
Copy of Refund Check and Proof of Mailing. Seller Comment (2025-12-16): Comment from XXXX (XXXX): Please see attached Reviewer Comment (2025-12-05): Fees included in APR calculation are Flood - XXXX , Broker - XXXX , Prepaid Interest - XXXX , Tax Service - XXXX Title - Courier - XXXX , Title - Tie in - XXXX , Title - Recording Service - XXXX , Title - Settlement - XXXX , Title - Sub escrow XXXX , Title - Wire - XXXX Underwriting - XXXX . Buyer Comment (2025-12-04): Comment from XXXX (XXXX): Please advise which fees are included in calculation |
12/17/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | C | B | C | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000103032 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX | The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX | Reviewer Comment (2025-12-17): XXXX received PCCD, LOE,
Copy of Refund Check and Proof of Mailing. Seller Comment (2025-12-16): Comment from XXXX (XXXX): please see attached |
12/17/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | C | B | C | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000099890 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided | 1007 Rent Comparison is missing. | Reviewer Comment (2025-12-03): Form 1007 with Market Rents
is not required. Exception cleared. Buyer Comment (2025-12-02): Comment from XXXX (XXXX): Please refer to the HELOC guides 1007's are not required for rental income. Please waive |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000102303 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage is insufficient by $XXXX. | Reviewer Comment (2026-01-04): Received updated Hazard
Insurance Policy with sufficient coverage. Exception cleared. Seller Comment (2026-01-03): Comment from XXXX (XXXX): XXXX payment. Reviewer Comment (2025-12-03): The RCE submitted was already received previously. Exception remains Seller Comment (2025-12-03): Comment from XXXX (XXXX): EOI with Replacement |
01/04/2026 | 1 | C | A | C | A | C | A | C | A | C | A | ID | Investment | Refinance - Limited Cash-out GSE | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000099541 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-02): Cleared based on review
coming back within tolerances |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102142 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Verified liquid assets in the amount of $XXXX are insufficient to meet cash to close of $XXXX. Final 1008 reflects $XXXX verified. Provide bank statements reflecting sufficient funds for closing. | Reviewer Comment (2025-12-08): Received, Clearing. Seller Comment (2025-12-06): Comment from XXXX (XXXX): UW LOE with Supp Docs |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102142 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX. Provide bank statements reflecting sufficient funds for closing/reserves. | Reviewer Comment (2025-12-08): Received, Clearing. Seller Comment (2025-12-06): Comment from XXXX (XXXX): UW LOE with Supp Docs |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000099347 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/XXXX) | Reviewer Comment (2025-12-01): Client elects to waive |
12/01/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100230 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-02): Accepted as is. |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | B | B | A | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000101813 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Calculated loan to value percentage of XXXX% exceeds Guideline loan to value percentage of XXXX%. A Lender Exception was not provided in file. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
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Reviewer Comment (2025-12-18): Client waives as it meets
XXXX guides. Reviewer Comment (2025-12-17): Pending XXXX Exception. Buyer Comment (2025-12-17): Comment from XXXX (XXXX): This is being escalated to XXXX as we were never notified about a soft review using XXXX Guidelines from XXXX , XXXX knows loans are underwritten based on their guidelines not ours. Reviewer Comment (2025-12-13): This is a review done to your soft guidelines and XXXX hard guidelines. It must pass both. Buyer Comment (2025-12-12): Comment from XXXX (XXXX): We underwrote the loan based on XXXX guidelines, why would they be using ours and from XXXX ? Reviewer Comment (2025-12-11): Approved guidelines per XXXX are XXXX . No change from this has been provided to us the TPR. Buyer Comment (2025-12-10): Comment from XXXX (XXXX): Loan closed based on XXXX guidelines not XXXX. Please stop using XXXX guidelines, management will also sent a communication regarding this topic. Reviewer Comment (2025-12-08): As per Deal Notes - XXXX guidelines are considered. As per these guidelines, maximum LTV/LTV of XXXX % is allowed for Purchase of Primary residence with P&L doc type. Exception remains. Buyer Comment (2025-12-05): Comment from XXXX (XXXX): Why are we basing this review on guidelines from XXXX if we are confirming the latest XXXX guidelines and matrix was used and it allows an LTV of XXXX . I don't understand a XXXX guidelines would be referenced. Reviewer Comment (2025-12-04): As per Deal Notes, XXXX XXXX guidelines are considered. As per these guidelines, maximum LTV/LTV of XXXX is allowed for Purchase of Primary residence with P&L doc type. Exception remains. Buyer Comment (2025-12-04): Comment from XXXX (XXXX): XXXX Latest Matrix allow LTV up to 80%. Please remove finding. |
12/18/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000101813 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Calculated combined loan to value percentage of XXXX% exceeds Guideline combined loan to value percentage of XXXX%. A Lender Exception was not provided in file. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
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Reviewer Comment (2025-12-18): Client waives as it meets
XXXX guides. Reviewer Comment (2025-12-13): This is a review done to your soft guidelines and XXXX hard guidelines. It must pass bot Buyer Comment (2025-12-12): Comment from XXXX (XXXX): We underwrote the loan based on XXXX guidelines, why would they be using ours and from XXXX ? Reviewer Comment (2025-12-11): Approved guidelines per XXXX are XXXX . No change from this has been provided to us the TPR. Buyer Comment (2025-12-10): Comment from XXXX (XXXX): Loan closed based on XXXX guidelines not XXXX. Please stop using XXXX guidelines, management will also sent a communication regarding this topic. Reviewer Comment (2025-12-08): As per Deal Notes - XXXX guidelines are considered. As per these guidelines, maximum LTV/LTV of 75% is allowed for Purchase of Primary residence with P&L doc type. Exception remains. Buyer Comment (2025-12-05): Comment from XXXX (XXXX): Why are we basing this review on guidelines from XXXX if we are confirming the latest XXXX guidelines and matrix was used and it allows an LTV of XXXX%. I don't understand a XXXX guidelines would be referenced. Reviewer Comment (2025-12-04): As per Deal Notes, XXXX guidelines are considered. As per these guidelines, maximum LTV/LTV of XXXX% is allowed for Purchase of Primary residence with P&L doc type. Exception remains. Buyer Comment (2025-12-04): Comment from XXXX (XXXX): XXXX Latest Matrix allow LTV up to 80%. Please remove finding. |
12/18/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000100279 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient by $XXXX. A replacement costs estimator from the insurer nor the estimated cost new were provided in file. | Reviewer Comment (2026-01-05): RCE received, exception
cleared Seller Comment (2026-01-05): Comment from XXXX (XXXX): please review the rce and coi |
01/05/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000081574 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-02): Accepted as is. |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | C | B | C | B | B | B | A | A | Non QM | N/A | No | |||||||||||
| XXXXX | 4000081574 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-02): Accepted as is. |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | C | B | C | B | B | B | A | A | Non QM | N/A | No | |||||||||||
| XXXXX | 4000081574 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Tax Verification is missing for property XXXX XXXX XXXX Tax Verification is missing for property XXXX XXXX XXXX |
Reviewer Comment (2025-12-02): Received Tax verification
for XXXX and Tax is calculated based on XXXX
of purchase price as verified from closing statement for XXXX Exception cleared. Seller Comment (2025-12-02): Comment from XXXX (XXXX): Hello, please see attach tax bill and final CD for XXXX% of purchase price tax estimate |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | B | C | B | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXX | 4000081502 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Preliminary Title Report does not list coverage amount. | Reviewer Comment (2025-12-02): Accepted as is. |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | B | B | B | B | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000081502 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-02): Accepted as is. |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | B | B | B | B | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000103212 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Reviewer Comment (2025-12-02): Tax Certificate received,
exception cleared Seller Comment (2025-12-02): Comment from XXXX (XXXX): Hello, please see attached, thank you |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000103212 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-01): Sufficient Cure Provided At
Closing |
12/01/2025 | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Rate/Term | Final CD evidences Cure | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000103212 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
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Reviewer Comment (2025-12-03): XXXX approves reserves as
is. Reviewer Comment (2025-12-02): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of 6.00. |
12/03/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000103212 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2025-12-03): Clearing based on waived
reserves exception. |
12/03/2025 | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000103212 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Loan is short required reserves of XXXX months. | Reviewer Comment (2025-12-03): Clearing based on waived
reserves exception. |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100513 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | PITIA months of reserves of XXXX is less than required reserves of XXXX months, provide bank statement reflecting sufficient reserves. | Borrower has verified disposable income of at least $2500.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
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Reviewer Comment (2025-12-03): XXXX approves reserves as
is. |
12/03/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000100513 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2025-12-03): Clearing based on waived
reserves exception. |
12/03/2025 | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000100513 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Available Reserves are not meet the guidelines requirement. | Reviewer Comment (2025-12-03): Clearing based on waived
reserves exception. |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100513 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | POCB Invoice for Appraisal Fee $XXXX is missing. | Reviewer Comment (2025-12-03): Received Invoice. Exception
cleared. Seller Comment (2025-12-02): Comment from XXXX (XXXX): INVOICE |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100513 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | POCB Invoice for Credit Fee $XXXX is missing. | Reviewer Comment (2025-12-03): Received Invoice. Exception
cleared. Seller Comment (2025-12-02): Comment from XXXX (XXXX): INVOICE |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000081501 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-02): Accepted as is per
client. |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | D | B | D | B | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXX | 4000081501 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Certificate of Good Standing is Missing | Reviewer Comment (2025-12-02): Received Certificate of
Good Standing. Exception cleared. Seller Comment (2025-12-02): Comment from XXXX (XXXX): Hello, please see attached |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | D | A | CA | Investment | Refinance - Rate/Term | D | B | D | B | B | B | A | A | Non QM | N/A | No | |||||||||||
| XXXXX | 4000081501 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2025-12-02): Accepted as is per
client. |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | D | B | D | B | B | B | A | A | Non QM | N/A | No | |||||||||||
| XXXXX | 4000102800 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Evidence of Access to Funds is missing. | Reviewer Comment (2025-12-03): Sufficient documentation
provided. Cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): see attached |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100529 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2025-12-03): Received UCDP Submission
Summary Report with risk score less than XXXX . Hence secondary valuation is
not required. Exception cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): Please see attached |
12/03/2025 | 1 | D | A | D | A | D | A | D | A | D | A | GA | Primary | Purchase | D | A | C | A | C | A | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000100529 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Verification of business existence and that the business is fully operational / active required within ten (10) calendar days of closing and is missing for Window Tinting. | Reviewer Comment (2025-12-03): Received VVOE. Exception
cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): VVOE attached |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | D | A | C | A | C | A | D | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100529 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | File is missing VOE for Window Tinting. Verification of business existence and that the business is fully operational / active required within ten (10) calendar days of closing. | Reviewer Comment (2025-12-04): Received, Clearing. Seller Comment (2025-12-03): Comment from XXXX (XXXX): VVOE attached |
12/04/2025 | 1 | B | A | C | A | B | A | C | A | B | A | GA | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | D | A | C | A | C | A | D | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100529 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | File is missing VOE for Window Tinting. Verification of business existence and that the business is fully operational / active required within ten (10) Calendar days of closing. | Reviewer Comment (2025-12-04): Received, Clearing. Seller Comment (2025-12-03): Comment from XXXX (XXXX): VVOE attached |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | D | A | C | A | C | A | D | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102416 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | Misc. State Level | Maryland Mortgage Lending Regulations (Tangible Net Benefit Worksheet Not Provided) | Maryland Mortgage Lending Regulations: Net Tangible Benefit Worksheet not provided to borrower. | Net Tangible Benefit Worksheet not provided to borrower. | Reviewer Comment (2025-12-02): Client elects to waive |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Rate/Term | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102416 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Test | TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on or after XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation | Corrected Closing Disclosure provided on or after XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. | Reviewer Comment (2025-12-10): XXXX received updated CD
dated XXXX and timings are met. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Please see additional CD dated XXXX days before closing date. Reviewer Comment (2025-12-07): XXXX received rebuttal comment. However, XXXX loan documents provide only reflect an initial CD dated XXXX with APR of XXXX then XXXX Final CD at XXXX . This represents a changeover . XXXX and the XXXX CD was not received within XXXX business days of closing. Any missing CDs should be provided for a correct testing timeline for APR changes. Seller Comment (2025-12-05): Comment from XXXX (XXXX): APR decreased from Initial CD to Final :CD XXXX . Please see attached |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Rate/Term | TRID timing exception, no remediation available. | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000103271 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | POCB Invoice for Appraisal Fee $XXXX is missing. | Reviewer Comment (2025-12-02): Provided. Cleared. Seller Comment (2025-12-02): Comment from XXXX (XXXX): Hello, please see attached, thank you |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000103271 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | POCB Invoice for Credit Fee $XXXX is missing. | Reviewer Comment (2025-12-02): Provided. Cleared. Seller Comment (2025-12-02): Comment from XXXX (XXXX): Hello, please see attached, thank you |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000103271 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Available Reserves are not meet the guidelines Requirement. Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX | Borrower has verified disposable income of at least $2500.00. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-03): XXXX approves reserves as
is. |
12/03/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000103271 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2025-12-03): Clearing based on waived
reserves exception. |
12/03/2025 | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000103271 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Available reserves are not meet the guidelines requirement. | Reviewer Comment (2025-12-03): Clearing based on waived
reserves exception. |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102772 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-12-02): Accepted as is per
client. |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102772 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX | Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate | Reviewer Comment (2025-12-12): XXXX received PCCD, LOE,
Copy of Refund Check and Proof of Mailing. Seller Comment (2025-12-11): Comment from XXXX (XXXX): See attached |
12/12/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000102772 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX | Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page XXXX that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold | Reviewer Comment (2025-12-12): XXXX received PCCD, LOE,
Copy of Refund Check and Proof of Mailing. Seller Comment (2025-12-11): Comment from XXXX (XXXX): See attached |
12/12/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100800 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Loan is to be securitized. Secondary valuation is missing | Reviewer Comment (2025-12-03): Received UCS Submission
Summary Report with CU score of 1. Hence Secondary Valuation is not required.
Exception cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): please see attached |
12/03/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Purchase | D | A | A | A | A | A | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102370 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Reviewer Comment (2025-12-10): Received, Clearing. Seller Comment (2025-12-10): Comment from XXXX (XXXX): FSS |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102742 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-02): Client elects to waive |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102742 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | Misc. State Level | Colorado Home Loan (Tangible Net Benefit Disclosure Not Provided) | Colorado Home Loan (HB1322): Loan file does not contain a Tangible Net Benefit Disclosure (or similar document). | Reviewer Comment (2025-12-02): Client elects to waive |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102742 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-02): Sufficient Cure Provided At
Closing |
12/02/2025 | 1 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Purchase | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000096260 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. (XXXX) | Reviewer Comment (2025-12-01): Sufficient Cure Provided At
Closing |
12/01/2025 | 1 | A | A | A | A | A | A | A | A | A | A | FL | Second Home | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| XXXXX | 4000101798 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-02): Accepted as is per
client. |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101798 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2025-12-02): Accepted as is per
client. |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101798 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-12-09): Received. Cleared. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100166 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-04): Clearing based on review
coming back within tolerances. |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000104167 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | The file was missing a copy of Guarantor Agreement | Reviewer Comment (2025-12-04): Received, Clearing. Seller Comment (2025-12-04): Comment from XXXX : Guarantor Agreement Attached Reviewer Comment (2025-12-03): The guarantor signed the note and SI separately for themselves. They did not sign on behalf of the borrowing entity. A guarantor agreement is required for this reason. Seller Comment (2025-12-03): Comment from XXXX : Revised Corporate Resolution |
12/04/2025 | 1 | D | A | D | A | D | A | D | A | D | A | NY | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000104167 | XXXXX | XXXXX | Credit | Guideline | Guideline Issue | Guideline | The Guarantor's Percent of Business Ownership does not meet guideline requirements. | Guarantor(s) must be a managing member or majority owner and have at least XXXX % ownership of the business entity. Borrower has a 10% ownership per Corporate Resolution dated XXXX. | Reviewer Comment (2025-12-03): Updated bylaws,
showing XXXX ownership for the guarantor, were
received Seller Comment (2025-12-03): Comment from XXXX : please see attached Revised Corporate Resolution & By law Guarantor Own XXXX ownership |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000094705 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The Note, Note Prepayment Addendum and Final CD in the file are not signed by the borrower. | Reviewer Comment (2025-12-09): Received, Clearing. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Note/Prepayment/Final CD |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VT | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101103 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-03): Clearing based on review
coming back within tolerances. |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102708 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Source of Funds/Deposit not provided | Source and receipt of gift funds totaling $XXXX was not provided. | Reviewer Comment (2025-12-03): Received Deposit Receipt.
Exception cleared. Seller Comment (2025-12-02): Comment from XXXX (XXXX): See attached |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102708 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-12-02): Accepted as is per
client. |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101426 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-02): Client elects to waive |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101426 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Appraisal Re-Inspection Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-01): Sufficient Cure Provided At
Closing |
12/01/2025 | 1 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Purchase | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100665 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus 10% or $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower | Reviewer Comment (2025-12-07): XXXX received corrected
PCCD, LOE and final SS. Seller Comment (2025-12-05): Comment from XXXX (XXXX): FSS Reviewer Comment (2025-12-05): XXXX received Post CD and LOX by reducing the fees. However, we would require true and certified final ss in order to verify the fees as per Post CD. Seller Comment (2025-12-04): Comment from XXXX (XXXX): I show the recording fee is XXXX not cure is required. |
12/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000101535 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-04): Clearing based on review
coming back within tolerances. |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000101535 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report is missing for both borrowers. | Reviewer Comment (2025-12-05): Received Fraud Report
Exception Cleared. Seller Comment (2025-12-05): Comment from XXXX (XXXX): Fraud Report |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100517 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Reviewer Comment (2025-12-02): Accepted as is. |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000100772 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Policy Amount is missing on Title Preliminary | Reviewer Comment (2025-12-11): Accepted as is. |
12/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Second Home | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100772 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report is missing in File | Reviewer Comment (2025-12-12): Received Fraud Report.
Exception cleared. Seller Comment (2025-12-12): Comment from XXXX (XXXX): Fraud Report |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102479 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report is missing. | Reviewer Comment (2025-12-03): Received Fraud Report.
Exception cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): XXXX: please see attached |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102479 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - 1-4 Family not provided | 1-4 Family Rider is missing. | Reviewer Comment (2025-12-03): Received Rider - 1-4
Family. Exception cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): XXXX : please see attached |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102479 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | OFAC Report is missing. | Reviewer Comment (2025-12-03): Received Fraud Report.
Exception cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): XXXX : please see attached at the end of the Fraud Report |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102479 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | - | OFAC Report is missing. | Reviewer Comment (2025-12-03): Received Fraud Report.
Exception cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): XXXX: please see attached at the end of the Fraud Report |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXXXX | 4000096039 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. | Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. | Reviewer Comment (2025-12-02): Accepted as is. |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | PA | Investment | Refinance - Rate/Term | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000100336 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-03): Clearing based on review
coming back within tolerances. |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100102 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Missing Intent to sell for the departing residence. | Reviewer Comment (2025-12-05): Received, Clearing. Seller Comment (2025-12-05): Comment from XXXX (XXXX): XXXX is currently listed for sale and we also provided the appraisal for this property to document the equity position with a value of XXXX |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102185 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception in file for self-employed borrower, business was established on XXXX, the length of employment is less than XXXX months. Compensating factors include length of employment less than XXXX weeks from closing date, FICO of XXXX is XXXX points over minimum FICO of XXXX . Low DTI XXXX% and low LTV OF XXXX% | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-02): Client elects to
waive/regrade with compensating factors. |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000098167 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Reviewer Comment (2025-12-02): Accepted as is. |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CO | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | B | B | N/A | No | |||||||||||
| XXXXX | 4000098167 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Property is located in a XXXX Disaster area and has not been inspected. | Reviewer Comment (2025-12-08): Received, Clearing. |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CO | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | B | B | N/A | No | ||||||||||||
| XXXXX | 4000098167 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized, and was originated with an Appraisal Waiver. AVM supports value. Sec ID: 26 | Note Date: ___; Lien Position: ___ | Loan is to be securitized and was originated with an appraisal waiver. The AVM supports value. | Reviewer Comment (2025-12-02): Accepted as is. |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CO | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | B | B | N/A | No | |||||||||||
| XXXXX | 4000098167 | XXXXX | XXXXX | Property | Valuation | General | Valuation | Valuation Product pending | XXXX / Post Disaster Inspection + XXXX - XXXX Days | Reviewer Comment (2025-12-08): Received, Clearing. Reviewer Comment (2025-12-05): Valuation Received - XXXX |
12/08/2025 | 1 | A | A | A | A | A | CO | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | B | B | N/A | No | |||||||||||||||||
| XXXXX | 4000102661 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-02): Client elects to waive |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100877 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-03): Clearing based on review
coming back within tolerances. |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100877 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Proof of Proceeds from HELOC was not provided. | Reviewer Comment (2025-12-29): Document received,
exception cleared Reviewer Comment (2025-12-29): Wire confirmation shows HELOC proceeds amount less than what was input when the approval was ran. Now the required reserves are short. Seller Comment (2025-12-29): Comment from XXXX (XXXX): Wire Confirmation Reviewer Comment (2025-12-10): These funds are needed for reserves. Buyer Comment (2025-12-09): Comment from XXXX (XXXX): Please give additional context as to why this is needed |
12/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100877 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | *New exception. Wire confirmation shows HELOC proceeds amount less than what was input when the approval was ran. Now the required reserves are short. | Reviewer Comment (2026-01-08): Received, Clearing. Seller Comment (2026-01-08): Comment from XXXX (XXXX): Docs |
01/08/2026 | 1 | A | A | A | A | A | OH | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||||||
| XXXXX | 4000102627 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2025-12-02): Client elects to waive |
12/02/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000099387 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX | Reviewer Comment (2025-12-07): Received updated Hazard
Insurance Policy and the shortfall is covered. Exception cleared. Seller Comment (2025-12-05): Comment from XXXX (XXXX): Please see attached Reviewer Comment (2025-12-04): Hazard Insurance Dwelling Coverage Amount is XXXX and Replacement Cost Estimate is XXXX as per the available documents in file. Hence, there is coverage shortfall of XXXX . Please provide updated hazard Insurance Policy with sufficient coverage or provide updated Replacement Cost Estimator. Exception remains. Buyer Comment (2025-12-04): Comment from XXXX (XXXX): This is on page XXXX please waive |
12/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000099387 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus 10% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-11): XXXX received rebuttal
suffice Buyer Comment (2025-12-10): Comment from XXXX (XXXX): The Service provided name has been changed from XXXX to XXXX and then throughout the loan it's the same. We have considered LE0 as base LE to calculate XXXX% tolerance cure. And if you calculate XXXX% tolerance from LE0 to FCD, there is not any cure applicable |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000099387 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Statement is missing. | Reviewer Comment (2025-12-07): Received Closing Disclosure
confirms that the monthly P&I for the property XXXX . Exception cleared. Seller Comment (2025-12-05): Comment from XXXX (XXXX): Please see attached |
12/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000102161 | XXXXX | XXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Reviewer Comment (2025-12-04): Received updated Hazard
Insurance Policy. Exception cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): updated hoi |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102161 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-11): Clearing based on review
coming back within tolerances. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000099658 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Business Purpose Certificate is missing. | Reviewer Comment (2025-12-08): Received, Clearing. Seller Comment (2025-12-08): Comment from XXXX (XXXX): XXXX Please see attached Business Purpose Certificate |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000099658 | XXXXX | XXXXX | Credit | Guideline | Guideline Issue | Guideline | Loan does not meet guideline requirements regarding ADUs. | ADU must be significantly smaller the then primary unit. | Borrower has owned the subject property for at least 5 years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-03): Client elected to
waive/regrade with compensating factors. Lender exception provided. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MD | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000100134 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Combined High loan to value discrepancy. | Calculated high loan to value percentage of ___ exceeds Guideline high loan to value percentage of ___ | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of XXXX is greater than the minimum required DSCR of .75. | SitusAMC,Originator Pre-Close,Originator,Aggregator | Reviewer Comment (2025-12-08): Client elects to waive. |
12/08/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NH | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000100134 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of XXXX is greater than the minimum required DSCR of .75. | SitusAMC,Originator Pre-Close,Originator,Aggregator | Reviewer Comment (2025-12-08): Client elects to waive. |
12/08/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NH | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000100134 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of XXXX is greater than the minimum required DSCR of .75. | SitusAMC,Originator Pre-Close,Originator,Aggregator | Reviewer Comment (2025-12-08): Client elects to waive. |
12/08/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NH | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000100134 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-03): Clearing based on review
coming back within tolerances. |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NH | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000092618 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-04): Clearing based on review
coming back within tolerances. |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000096673 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX | Reviewer Comment (2025-12-03): Cleared with RCE Seller Comment (2025-12-03): Comment from XXXX ( XXXX ): HOI policy and Checklist coverage |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101096 | XXXXX | XXXXX | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | HO-6 Policy is not provided for subject property. | Reviewer Comment (2025-12-24): After further review,
exception has been cancelled. Seller Comment (2025-12-24): Comment from XXXX (XXXX): rebuttal |
12/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | A | A | B | B | N/A | No | ||||||||||||
| XXXXX | 4000101096 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: 22 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | A | A | A | A | A | A | A | A | B | B | CA | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | A | A | B | B | N/A | No | ||||||||||||
| XXXXX | 4000102389 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-04): Clearing based on review
coming back within tolerances. |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000099110 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-04): Clearing based on review
coming back within tolerances. |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000099160 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-03): Clearing based on review
coming back within tolerances. |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101778 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | VA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102379 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/XXXX) | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102379 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Changed circumstance is in file. | Reviewer Comment (2025-12-08): Sufficient cure provided.
Full cure amount for tolerance violation was provided at or before closing
(on final CD) resulting in a cleared exception. Seller Comment (2025-12-05): Comment from XXXX (XXXX): Please see attached credit given at closing |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100257 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application | RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application. | Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application. | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100257 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX | The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX. | Reviewer Comment (2026-01-09): Received Letter of
Explanation, Proof of Delivery, Refund check for under disclosed amount,
Corrected CD, and Rescission reopened Buyer Comment (2026-01-08): Comment from XXXX (XXXX): XXXX has updated tracking and it is expected to be delivered today. Reviewer Comment (2026-01-07): Courier does not yet show the remediation package delivered. New follow up-date is set. Seller Comment (2026-01-06): Comment from XXXX (XXXX): Label attached. Reviewer Comment (2026-01-06): XXXX received Corrected CD, LOE to borrower, copy of cure refund for total underdisclosure and copy of executed RTC for reopening rescission. Missing copy of tracking of the cure refund package to confirm mailing to borrower to finish cure requirements. Seller Comment (2026-01-05): Comment from XXXX (XXXX): PCCD showing refund of $XXXX Reviewer Comment (2025-12-08): In reviewing lender's compliance report, it appears lender did not include the Title-Processing Demands of XXXX fee in calculation. If lender feels this fee is not a finance charge, then a lender attestation giving the specific services & purpose of the fee would be required. Otherwise cure would be Corrected CD, LOE to borrower, copy of cure refund for total underdisclosure of XXXX , proof of mailing and proof of reopening of rescission to all consumers as this is a material disclosure violation on a rescindable transaction. Buyer Comment (2025-12-05): Comment from XXXX (XXXX): Can you share your compliance report or how you came to your calculations? Our XXXX report did not report any discrepancies on the Financed Charge or Amount Financed. |
01/09/2026 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Rate/Term | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100257 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX | The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX. | Reviewer Comment (2026-01-09): Received Letter of
Explanation, Proof of Delivery, Refund check for under disclosed amount,
Corrected CD, and Rescission reopened Buyer Comment (2026-01-08): Comment from XXXX (XXXX): XXXX has updated tracking and it is expected to be delivered today. Reviewer Comment (2026-01-07): Courier does not yet show the remediation package delivered. New follow up-date is set. Seller Comment (2026-01-06): Comment from XXXX (XXXX): Label attached. Reviewer Comment (2026-01-06): XXXX received Corrected CD, LOE to borrower, copy of cure refund for total underdisclosure and copy of executed RTC for reopening rescission. Missing copy of tracking of the cure refund package to confirm mailing to borrower to finish cure requirements. Seller Comment (2026-01-05): Comment from XXXX (XXXX): PCCD, LTB, Refund check, NORT |
01/09/2026 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Rate/Term | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100257 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. | Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Electronic acceptance from borrower on XXXX | Reviewer Comment (2025-12-11): XXXX received e-consent
dated XXXX Seller Comment (2025-12-10): Comment from XXXX (XXXX): Econsent signed by borrower |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000098751 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX. | Reviewer Comment (2025-12-04): Received, Clearing. Seller Comment (2025-12-04): Comment from XXXX (XXXX): PLEASE REVIEW RCE |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000098751 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Have Escrow - Initial Escrow Payment By All Parties | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX disclosed an Initial Escrow Payment that includes both borrower and non-borrower paid amounts. | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Rate/Term | Letter of Explanation & Corrected Closing Disclosure | C | B | C | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000098751 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus 10% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-03): Sufficient Cure Provided At
Closing |
12/03/2025 | 1 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Rate/Term | Final CD evidences Cure | C | B | C | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100662 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Reviewer Comment (2025-12-04): Received, Clearing. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Reserves are calculated by the current actual PITIA of the. PITI - XXXX Reviewer Comment (2025-12-03): Considering the Qualification Method for ARM loan, Qualifying P&I is $ XXXX and PITIA is XXXX Hence, reserves required is XXXX months = XXXX Cash to Close XXXX + EMD XXXX + POCB XXXX = XXXX total Cash From Borrower. Assets Available for Closing XXXX - XXXX = $ XXXX Available for Reserves. Please provide additional assets. Exception remains. Seller Comment (2025-12-03): Comment from XXXX (XXXX): Total CTC required to close include: Cash to closed from CD ( XXXX + XXXX month required serves ( XXXX ) + EMD ( XXXX ) = XXXX The assets verified from borrower include: borrower's XXXX account balance ( XXXX + EMD ( XXXX ) + POC item ( XXXX ) = $ XXXX This amount is more than the required amount. Reviewer Comment (2025-12-03): The balance on the XXXX account was already used in the cash from borrower to close/reserves calculation. We are still short the necessary reserve funds. Exception remains Seller Comment (2025-12-03): Comment from XXXX (XXXX): Based on CD, PITI is XXXX See attached FCSB reserves balance with evidence of XXXX months reserves held in the borrower's XXXX account |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000100662 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2025-12-04): Received, Clearing. |
12/04/2025 | 1 | B | A | C | A | B | A | C | A | B | A | NJ | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000100662 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Loan is waterfall due to the calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX | Reviewer Comment (2025-12-04): Received, Clearing. |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000087905 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Insurance Verification is missing. | Reviewer Comment (2025-12-05): Received Insurance
Verification Exception Cleared. Seller Comment (2025-12-05): Comment from XXXX (XXXX): XXXX: Please see attached document |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IA | Primary | Refinance - Rate/Term | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000087905 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-08): XXXX Received Rate lock
dated XXXX along with supporting comments on the exception. Seller Comment (2025-12-05): Comment from XXXX XXXXXX (XXXX): XXXX: Please see attached Rate Lock sheets and corresponding disclosure. On XXXX the loan was relocked and rate changed, affecting the LLPA, negative pricing disclosed on the XXXX CD |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IA | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000101400 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | - | Reviewer Comment (2025-12-04): Lender cert and pictures of
the work completed, exception cleared Seller Comment (2025-12-04): Comment from XXXX ( XXXX ): lenders cert with pics of project done Reviewer Comment (2025-12-03): The appraisal dated XXXX was used to qualify- 1004D is required. Exception remains Buyer Comment (2025-12-03): Comment from XXXX r ( XXXX ): there are 2 appraisals and one was the subj to was dated XXXX the one i just sent over was updated to as is and dated XXXX . clear condition. Reviewer Comment (2025-12-03): The latest dated 1004, XXXX reflects 'subject to repair' Seller Comment (2025-12-03): Comment from XXXX ( XXXX ): appraisal - as is |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | C | A | N/A | No | ||||||||||||||
| XXXXX | 4000101400 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-11): Clearing based on review
coming back within tolerances. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | C | A | N/A | No | |||||||||||||||
| XXXXX | 4000099902 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided | Reviewer Comment (2025-12-05): Permanent resident card
received, exception cleared Seller Comment (2025-12-05): Comment from XXXX ( XXXX ): green card Reviewer Comment (2025-12-04): Acceptable evidence of lawful permanent residency must be documented and meet one of the following criteria: - I-151 - Permanent Resident Card (Green Card) that does not have an expiration date - I-551 - Permanent Resident Card (Green Card) issued for 10 years that has not expired - I-551 - Conditional Permanent Resident Card (Green Card) issued for two (2) years that has an expiration date, if it is accompanied by a copy of USCIS form I-751 requesting removal of the conditions - Un-expired Foreign Passport with an un-expired stamp reading as follows: "Processed for I-551 Temporary Evidence of Lawful Admission for Permanent Residence. Valid until mm-dd-yy. Employment Authorized." Seller Comment (2025-12-04): Comment from XXXX ( XXXX ): SSAA |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000099902 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Missing LOX for spouse paying primary residence bills. | Reviewer Comment (2025-12-11): Received, Clearing. Seller Comment (2025-12-10): Comment from XXXX XXXX ): LOX |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | D | A | TX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101461 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100359 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-11): Clearing based on review
coming back within tolerances. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000101883 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-04): Clearing based on review
coming back within tolerances. |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | C | A | N/A | No | |||||||||||||||
| XXXXX | 4000101883 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | - | Appraisal was made subject to and 442 is not in images. | Reviewer Comment (2025-12-08): Received Corrected
appraisal. Exception cleared. Seller Comment (2025-12-05): Comment from XXXX r (XXXX): attached corrected appraisal |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | C | A | N/A | No | |||||||||||||
| XXXXX | 4000101883 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Verification of proceeds from simultaneous cash out refinance on an additional property, not provided in file. A final CD/HUD and wire transfer were not in file. | Reviewer Comment (2025-12-11): Clearing after
er-review. Reviewer Comment (2025-12-08): Verification of proceeds from simultaneous cash out refinance on an additional property, not provided in file. A final CD/HUD and wire transfer were not in file. Seller Comment (2025-12-05): Comment from XXXX (XXXX): attached |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | C | A | N/A | No | ||||||||||||||
| XXXXX | 4000101883 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $XXXX is less than Cash From Borrower $XXXX. Verification of proceeds from simultaneous cash out refinance on an additional property, not provided in file. A final CD/HUD and wire transfer were not in file. | Reviewer Comment (2025-12-11): Clearing after
er-review. Reviewer Comment (2025-12-08): Verification of proceeds from simultaneous cash out refinance on an additional property, not provided in file. A final CD/HUD and wire transfer were not in file. Buyer Comment (2025-12-05): Comment from XXXX (XXXX): bk stmnts provided |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | C | A | N/A | No | ||||||||||||||
| XXXXX | 4000100744 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA - Initial Escrow Account Statement Missing | RESPA: Initial escrow account statement was not provided to the borrower. | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100744 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | Reviewer Comment (2025-12-10): Received Final 1003.
Exception cleared. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Final 1003 |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000102154 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal was delivered to borrower was not provided | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NV | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000101796 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | VA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100340 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Preliminary in file. | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | A | A | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000102810 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | The hazard insurance coverage amount is $XXXX. The Loan amount is $XXXX. | Reviewer Comment (2025-12-07): Received Replacement Cost
Estimator and the shortfall is covered. Exception cleared. Seller Comment (2025-12-05): Comment from XXXX (XXXX): Please see Checklist of Coverage |
12/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102810 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-11): Cleared based on review
coming back within tolerances |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102752 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-08): Clearing based on review
coming back within tolerances. Reviewer Comment (2025-12-05): Buyer ordered review. Nothing to do at this time. Buyer Comment (2025-12-05): Comment from XXXX (XXXX): Is this informative or what is needed from us? |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | D | A | D | A | A | A | A | A | N/A | N/A | No | ||||||||||||
| XXXXX | 4000102752 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Articles Of Formation was not provided for XXXX | Reviewer Comment (2025-12-04): Received Articles of Incorporation for XXXX.
Exception cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Articles Of Formation Reviewer Comment (2025-12-03): Received Bylaws is already available in file. Please provide Articles of Formation for XXXX. Exception remains. Seller Comment (2025-12-03): Comment from XXXX (XXXX): Articles Of Formation |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | D | A | CA | Investment | Purchase | D | A | D | A | A | A | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000102935 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX | The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX. | Reviewer Comment (2025-12-11): XXXX received Corrected CD,
LOE to borrower and copy of final settlement statement confirming the final
for fees. Seller Comment (2025-12-10): Comment from XXXX (XXXX): please see attached Reviewer Comment (2025-12-10): XXXX received Corrected CD. Please provide LOE to borrower which accompanied this PCCD and a copy of a certified final borrower settlement statement that matches the PCCD to test for final for fees. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Please see attached POST CD |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000102935 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX | The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX. | Reviewer Comment (2025-12-11): XXXX received Corrected CD,
LOE to borrower and copy of final settlement statement confirming the final
for fees. Seller Comment (2025-12-10): Comment from XXXX (XXXX): Please see attached Reviewer Comment (2025-12-10): XXXX received Corrected CD. Please provide LOE to borrower which accompanied this PCCD and a copy of a certified final borrower settlement statement that matches the PCCD to test for final for fees. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Please see attached POST CD |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000102935 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102935 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Verification of Borrower's business existence and that the business is fully operational / active required within ten (10) calendar days of closing was not in file. | Reviewer Comment (2025-12-08): Received VVOE dated within
10 calendar days of the Note date, confirming that the business is currently
active. Therefore, the exception has been cleared. Seller Comment (2025-12-08): Comment from XXXX (XXXX): Please see attached |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102935 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Verification of Borrower's business existence and that the business is fully operational / active required within ten (10) calendar days of closing was not in file. | Reviewer Comment (2025-12-09): Received, Clearing. Seller Comment (2025-12-08): Comment from XXXX (XXXX): Please see attached |
12/09/2025 | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000102935 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Verification of Borrower's business existence and that the business is fully operational / active required within ten (10) calendar days of closing was not in file. | Reviewer Comment (2025-12-09): Received, Clearing. Seller Comment (2025-12-08): Comment from XXXX (XXXX): Please see attached |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101467 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | D | B | C | B | B | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101467 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Loan is to be securitized. One valuation was provided, with no CU or LCA. | Reviewer Comment (2025-12-05): Acceptable UCDP risk score
received, exception cleared Seller Comment (2025-12-05): Comment from XXXX (XXXX): Please see attached |
12/05/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Purchase | D | B | C | B | B | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101467 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient | Reviewer Comment (2025-12-08): Received Replacement Cost
Estimator. Exception cleared. Seller Comment (2025-12-08): Comment from XXXX (XXXX): Please see attached RCE |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | D | B | C | B | B | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101467 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | D | B | C | B | B | B | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000100563 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | HI | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100563 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-08): Clearing based on review
coming back within tolerances. Reviewer Comment (2025-12-05): Buyer ordered product. Nothing to do at this time. Buyer Comment (2025-12-05): Comment from XXXX (XXXX): Is this a internal reminder? Do we need to provide any support documents? |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | HI | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000101923 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument is missing. | Reviewer Comment (2025-12-05): Received Security
Instrument for Subject Lien Exception Cleared. Seller Comment (2025-12-05): Comment from XXXX (XXXX): XXXX Rf please see attached |
12/05/2025 | 1 | D | A | D | A | D | A | D | A | D | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101923 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-11): Clearing based on review
coming back within tolerances. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101923 | XXXXX | XXXXX | Credit | Investment Product | General Exception | Investment Product | Security Instrument Error: Assignment of Leases/Rents is not in the file and required by guidelines | - | Assignment of Leases/Rents is missing. | Reviewer Comment (2025-12-05): Received Security
Instrument for Subject Lien Exception Cleared. |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||
| XXXXX | 4000100598 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Property Costs Year 1 Underdisclosed - October 2018 | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year XXXX of on Final Closing Disclosure provided on XXXX are underdisclosed | Estimated Taxes, Insurance & Assessments on page 1 of CD is $XXXX; Estimated Escrow is $XXXX; Estimated Property Cost over Year XXXX is blank. | Reviewer Comment (2025-12-17): XXXX received corrected
PCCD and LOE. Seller Comment (2025-12-16): Comment from XXXX (XXXX): Please see PCCD LOX Reviewer Comment (2025-12-16): XXXX received corrected Closing disclosure. However, the LOE to borrower was not located in trailing documents. Please provide LOE to borrower to complete remediation. Seller Comment (2025-12-15): Comment from XXXX (XXXX): Please see PCCD |
12/17/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100598 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Have Escrow Account | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. | Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. | Reviewer Comment (2025-12-17): XXXX received corrected
PCCD and LOE. Seller Comment (2025-12-16): Comment from XXXX (XXXX): Please see PCCD and LOX |
12/17/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100598 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow Account | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. | Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. | Reviewer Comment (2025-12-17): XXXX received corrected
PCCD and LOE. Seller Comment (2025-12-16): Comment from XXXX (XXXX): Please see LOX Reviewer Comment (2025-12-16): XXXX received corrected Closing disclosure. However, the LOE to borrower was not located in trailing documents. Please provide LOE to borrower to complete remediation. Seller Comment (2025-12-15): Comment from XXXX (XXXX): Please see PCCD and FSS |
12/17/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100598 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | B | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102336 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101880 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TN | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000101789 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | - | Reviewer Comment (2025-12-08): Received 442 - Certificate
of Completion. Exception cleared. Seller Comment (2025-12-05): Comment from XXXX (XXXX): Final Inspection Reviewer Comment (2025-12-05): Looking for the 442 as the appraisal was made subject to. Seller Comment (2025-12-04): Comment from XXXX (XXXX): appraisal |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Rate/Term | C | A | A | A | C | A | N/A | No | ||||||||||||||
| XXXXX | 4000101628 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Reviewer Comment (2025-12-04): Corporate Resolution
received, exception cleared Seller Comment (2025-12-04): Comment from XXXX (XXXX): XXXX : Please see the attached corporate resolution |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101628 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Reviewer Comment (2025-12-04): Corporate Resolution
received in lieu of an Operating Agreement, exception cleared Seller Comment (2025-12-04): Comment from XXXX (XXXX): XXXX : Please see the attached corporate resolution utilized in lieu of an operating agreement. |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101572 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Legal Description not provided | Legal Description is missing in the file. | Reviewer Comment (2025-12-05): Received, Clearing. Seller Comment (2025-12-05): Comment from XXXX (XXXX): Legal description is on page 3 of the attached DOT |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101572 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus 10% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-03): Sufficient Cure Provided At
Closing |
12/03/2025 | 1 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Purchase | Final CD evidences Cure | C | A | C | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000101176 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-11): Clearing based on review
coming back within tolerances. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101593 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | The file was missing a copy of Operating Agreement | Reviewer Comment (2026-01-12): Received Operating
Agreement. Exception cleared. Seller Comment (2026-01-09): Comment from XXXX (XXXX): Operating Agreement |
01/12/2026 | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101593 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-11): Clearing based on review
coming back within tolerances. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100211 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000100211 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing mortgage statement | Reviewer Comment (2025-12-03): Mortgage Statement
provided. Cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): REO Docs |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000100211 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing mortgage statement. | Reviewer Comment (2025-12-03): Provided. Cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): XXXX Reviewer Comment (2025-12-03): Please provide Mortgage Statement for XXXX Seller Comment (2025-12-03): Comment from XXXX (XXXX): reo docs |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000100211 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing mortgage statement. | Reviewer Comment (2025-12-03): Mortgage Statement
provided. Cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): REO docs |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000100211 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing mortgage statement. | Reviewer Comment (2025-12-03): Mortgage Statement
provided. Cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): reo docs |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000100211 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing mortgage statement. | Reviewer Comment (2025-12-03): Mortgage Statement
provided. Cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): reo docs |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000100211 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing statement, tax verification and insurance verification. | Reviewer Comment (2025-12-11): Received Closing Disclosure
confirms that the monthly P&I and Taxes & Insurances are Escrowed for
the property XXXX . Exception cleared. Seller Comment (2025-12-10): Comment from XXXX (XXXX): first payment letter Reviewer Comment (2025-12-03): Provided. Cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): REO DOCS Reviewer Comment (2025-12-03): Documents not provided for this REO. Exception remains. Buyer Comment (2025-12-03): Comment from XXXX (XXXX): reo docs |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000100211 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing statement | Reviewer Comment (2025-12-03): Provided. Cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): REO DOCS |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000100211 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | AUS Findings: Investor qualifying total debt ratio discrepancy. | **NEW EXCEPTION** Based on Mortgage Statements provided. | Reviewer Comment (2025-12-03): Received Closing Disclosure
confirms that the monthly P&I is
XXXX for the property XXXX is
included in DTI. Hence DTI is within the DU limit . Exception cleared. Seller Comment (2025-12-03): Comment from XXXX (XXXX): XXXX was refinanced. Attached is the final CD from the XXXX closing. DTI should be correct. |
12/03/2025 | 1 | A | A | A | A | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | No | |||||||||||||||||
| XXXXX | 4000101357 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-11): Clearing based on review
coming back within tolerances. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | ID | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102093 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Date valuation provided to applicant is prior to the date when valuation was performed. | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | DC | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100678 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-11): Clearing based on review
coming back within tolerances. Reviewer Comment (2025-12-08): Buyer ordered review. Nothing to do at this time. Buyer Comment (2025-12-05): Comment from XXXX (XXXX): CDA provided on page number 64 of Loan Package. Please review and advise. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100364 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure provided at closing | Reviewer Comment (2025-12-03): Sufficient Cure Provided At
Closing |
12/03/2025 | 1 | A | A | A | A | A | A | A | A | A | A | AZ | Second Home | Refinance - Rate/Term | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000102040 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | AUS Findings: Available for Reserves discrepancy. | Calculated Available for Reserves of $XXXX is less than AUS Available for Reserves of $XXXX. Missing XXXXXXX stock account. | Reviewer Comment (2025-12-16): Received, Clearing. Seller Comment (2025-12-16): Comment from XXXX (XXXX): XXXXXXX stock |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WI | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000102040 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS Findings: Qualifying asset balance discrepancy. | Calculated qualifying asset balance of $XXXX is less than AUS qualifying asset balance of $XXXX. Missing XXXXXXX stock account. | Reviewer Comment (2025-12-16): Received, Clearing. |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WI | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000102040 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Calculated Available for Reserves of $XXXX is less than Guideline Available for Reserves of $XXXX. | Reviewer Comment (2025-12-16): Received, Clearing. |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WI | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000102346 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CO | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000099054 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | VA | Second Home | Purchase | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000102003 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102003 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000102439 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Limited Cash-out GSE | B | B | B | B | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000100986 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NV | Second Home | Purchase | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000100986 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-04): Sufficient Cure Provided At
Closing |
12/04/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NV | Second Home | Purchase | Final CD evidences Cure | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||||
| XXXXX | 4000102184 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Reviewer Comment (2025-12-03): Accepted as is. |
12/03/2025 | 2 | B | B | B | B | B | B | B | B | B | B | IL | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000102986 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-11): Clearing based on review
coming back within tolerances. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100645 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-09): Clearing based on review
coming back within tolerances. |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000094750 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WA | Investment | Refinance - Limited Cash-out GSE | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000101780 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Appraisal Receipt is missing. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101946 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NC | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000101946 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Reviewer Comment (2025-12-09): Business purpose
received. Cleared Seller Comment (2025-12-09): Comment from XXXX (XXXX): attached |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000102806 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102806 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Reviewer Comment (2025-12-04): Received, Clearing. Seller Comment (2025-12-04): Comment from XXXX ( XXXX .): Fraud Report |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000102806 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Current housing history not provided and required per guides. | Reviewer Comment (2025-12-15): Received Rent Free Letter.
Exception cleared. Seller Comment (2025-12-15): Comment from XXXX ( XXXX ): No rent Letter Reviewer Comment (2025-12-04): The file does not contain a 12 month housing history for the borrower. The 1003 reflects the borrower rented XXXX. Was the borrower living rent free or was rent being paid to his father's company? If living rent free, please provide the rent free letter. If not, please provide 12 month verification of rent Seller Comment (2025-12-04): Comment from XXXX ( XXXX .): Prop docs |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101200 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $XXXX. Provide updated policy reflecting minimum coverage of $XXXXOR provide copy of insurer's replacement cost estimate supporting current coverage amount. | Reviewer Comment (2026-01-12): Updated HOI provided.
Cleared. Seller Comment (2026-01-12): Comment from XXXX (XXXX): dec page |
01/12/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101200 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-08): Clearing based on review
coming back within tolerances. |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000097592 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Reviewer Comment (2025-12-09): Received Fraud Report.
Exception Cleared. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Fraud Report attached |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000097592 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from insurer. Calculations are based on 80% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX. | Reviewer Comment (2025-12-15): Received, Clearing. Seller Comment (2025-12-15): Comment from XXXX (XXXX): RCE Attached |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101213 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000101213 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101133 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-08): Clearing based on review
coming back within tolerances. |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000103118 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103118 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103118 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $XXXXis less than the note amount of $XXXXbased on the Commitment in file. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100740 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | HOA Verification is missing. | Reviewer Comment (2025-12-08): Cleared with HOA docs Seller Comment (2025-12-08): Comment from XXXX (XXXX): attached |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100740 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Pest Inspection Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-11): XXXX received corrected
PCCD and LOE Seller Comment (2025-12-10): Comment from XXXX (XXXX): see attached from the closer Reviewer Comment (2025-12-09): XXXX received rebuttal comment that fee is borrower chosen but, Pest inspection fee disclosed in Section C, rather than Section H where Borrower chosen optional services are typically disclosed. We cannot ignore that it was disclosed in Section C and may have been a lender requirement. Either the lender attestation that this was not a lender required service and was outsourced by a borrower chosen provider OR a Corrected CD and LOE to borrower moving the fee to Section H if it was borrower chosen optional, would test at no tolerance. Buyer Comment (2025-12-08): Comment from XXXX (XXXX): Pest inspection fee is in Section C "services the borrower shopped for" and do not require a cue. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000101374 | XXXXX | XXXXX | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | Reviewer Comment (2025-12-09): Received Hazard Insurance
Policy. Exception cleared. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Hazard and Rent Loss insurance |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101374 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Reviewer Comment (2025-12-09): Received Hazard Insurance
Policy. Exception cleared. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Hazard and Rent Loss insurance |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100487 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | ID | Investment | Refinance - Rate/Term | C | B | B | B | B | B | C | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000100487 | XXXXX | XXXXX | Property | Valuation | Valuation Issue | Valuation | The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal | The Desk Review or Field Review effective date does not match the Appraisals effective date. | Reviewer Comment (2025-12-12): Previous appraisal received
which matches the Desk review Seller Comment (2025-12-12): Comment from XXXX (XXXX): Appraisal |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | ID | Investment | Refinance - Rate/Term | C | B | B | B | B | B | C | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000100487 | XXXXX | XXXXX | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Subject is a refinance and property is listed for sale. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-04): Client elected to
waive/regrade with compensating factors. Lender exception provided. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | ID | Investment | Refinance - Rate/Term | C | B | B | B | B | B | C | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000098896 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | HOA Verification is missing for XXXX | Reviewer Comment (2025-12-09): Received, Clearing. Seller Comment (2025-12-09): Comment from XXXX (XXXX): HOA confirmation uploaded. |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000086994 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Award Letter is missing in the file for Annuity income. | Reviewer Comment (2025-12-12): Award Letter received,
exception cleared Seller Comment (2025-12-12): Comment from XXXX (XXXX): Annuity Win for life lottery cert of payment |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000086994 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000100915 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-08): Clearing based on review
coming back within tolerances. |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100915 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2025-12-10): Received, Clearing. Seller Comment (2025-12-10): Comment from XXXX (XXXX): please review docs from our UW |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100915 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 3.00. | Reviewer Comment (2025-12-10): Received, Clearing. Seller Comment (2025-12-10): Comment from XXXX (XXXX): please review |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100958 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-04): Accepted as is. Seller Comment (2025-12-04): Comment from XXXX (XXXX): please review |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MD | Second Home | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100297 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure XXXX on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. | File is missing Sellers Disclosure. | Reviewer Comment (2025-12-05): XXXX received Seller's
closing disclosure with seller paid fees. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Hello, please see attached, thank you |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100297 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. (75103) | Reviewer Comment (2025-12-05): XXXX received valid changed
circumstance. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Hello Team, the appraisal completed on XXXX and we have the COC for adding the re-inspection fee on XXXX for revised LLE. Please review and waive this condition. Thank you |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100297 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Calculated PITIA months reserves of 1.45 is less than Guideline PITIA months reserves of 6.00. | Reviewer Comment (2025-12-10): Client waived reserves
exception |
12/10/2025 | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100297 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Calculated PITIA months reserves of 1.45 is less than Guideline PITIA months reserves of 6.00. | Reviewer Comment (2025-12-10): Client waived reserves
exception |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100297 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Please provide Final Settlement statement from sale of REO. | Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-10): Client elects to waive with
compensating factors |
12/10/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000103214 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Provide additional bank statements to cover cash to close requirement of $XXXX. | Reviewer Comment (2025-12-16): Received POCB Invoices.
Assets Available for Closing is sufficient to cover Cash From Borrower.
Exception cleared. Seller Comment (2025-12-16): Comment from XXXX (XXXX): Invoices Reviewer Comment (2025-12-16): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX Reviewer Comment (2025-12-16): Please provide POC invoices for item paid before closing. Seller Comment (2025-12-15): Comment from XXXX (XXXX): Hello Team, please see attached the Post Consummation CD and Final SS showing the cash to close is XXXX . Thank you |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | D | B | C | B | C | A | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000103214 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2025-12-15): Received UCDP Submission
Summary Report with CU score of 1. Hence Secondary Valuation is not required.
Exception cleared. Seller Comment (2025-12-15): Comment from XXXX (XXXX): Hello, please see attached, the score is 1 less than 2.5. Thank you |
12/15/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Rate/Term | D | B | C | B | C | A | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000103214 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-10): Client waived reserves
exception |
12/10/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Rate/Term | D | B | C | B | C | A | D | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000103214 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Designation mismatch due to insufficient reserves verified | Reviewer Comment (2025-12-10): Client waived reserves
exception |
12/10/2025 | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation | D | B | C | B | C | A | D | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000103214 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Loan is at ATR risk due to insufficient reserves verified | Reviewer Comment (2025-12-10): Client waived reserves
exception |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | D | B | C | B | C | A | D | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101613 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-08): Clearing based on review
coming back within tolerances. |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000103086 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000103086 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102789 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-11): Clearing based on review
coming back within tolerances. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CO | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100262 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report missing for both borrowers. | Reviewer Comment (2025-12-08): Fraud Report received,
exception cleared Seller Comment (2025-12-08): Comment from XXXX (XXXX): Please see attached. Reviewer Comment (2025-12-04): Received Fraud Report reflects high fraud risk score of XXXX with 4 high severity red flags which are not cleared. Please provide updated Fraud Report with all red flags addressed. Exception remains. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Please see attached Fraud report |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | D | A | C | A | A | A | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100262 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2025-12-04): Received UCDP Submission
Summary Report with CU score of XXXX .
Hence Secondary Valuation is not required. Exception cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): Please see attached SSR |
12/04/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Purchase | D | A | C | A | A | A | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000102244 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000102244 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000102887 | XXXXX | XXXXX | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | Reviewer Comment (2025-12-08): Received Hazard Insurance
Policy. Exception cleared. Seller Comment (2025-12-08): Comment from XXXX (XXXX): Please see attached |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||
| XXXXX | 4000102887 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000103274 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | The file was missing a copy of Certificate of Good Standing | Reviewer Comment (2025-12-10): Received Certificate of
Good Standing. Exception cleared. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101287 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $XXXXis less than the note amount of $XXXX based on the Commitment in file. | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000101217 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Second Home | Purchase | C | B | A | A | C | B | A | A | Safe Harbor QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| XXXXX | 4000101217 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of Higher Priced QM (APOR). | Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of Higher Priced QM | Reviewer Comment (2025-12-15): Restated. Buyer Comment (2025-12-15): Comment from XXXX (XXXX): This loan is presumption of compliance. How do we resolve this? |
12/15/2025 | 1 | B | A | C | A | B | A | C | A | B | A | AZ | Second Home | Purchase | Lender to provide updated ATR/QM status | C | B | A | A | C | B | A | A | Safe Harbor QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| XXXXX | 4000101217 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Restated Loan Designation Match - QM / ATR | Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Higher Priced QM (APOR) matches the Due Diligence Loan Designation of Higher Priced QM (APOR). | Restated. | Reviewer Comment (2025-12-15): Accepted as is. |
12/15/2025 | 2 | A | B | B | B | A | AZ | Second Home | Purchase | C | B | A | A | C | B | A | A | Safe Harbor QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| XXXXX | 4000100693 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Secondary valuation is missing. | Reviewer Comment (2025-12-08): Received UCDP Submission
Summary Report with risk score less than 2.5. Hence secondary valuation is
not required. Exception cleared. Seller Comment (2025-12-08): Comment from XXXX (XXXX): Hello, please see attached. |
12/08/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Rate/Term | D | B | A | A | B | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100693 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | D | B | A | A | B | B | D | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103425 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103425 | XXXXX | XXXXX | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | Reviewer Comment (2025-12-08): Hazard Insurance Policy
received, exception cleared Seller Comment (2025-12-08): Comment from XXXX (XXXX): Please see attached |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||||||
| XXXXX | 4000103425 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000103425 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | New York Subprime Loan: Counseling Disclosure not provided to borrower. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure | C | B | C | B | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103425 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) New York Subprime Loan (Provision Increasing Rate After Default) | New York Subprime Loan: Mortgage loan contains a provision that increases interest rate after default. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | Provide the following: Letter of Explanation, modification of loan terms to remove the provision to increase the interest rate after default and proof of mailing. | C | B | C | B | B | B | A | A | Non QM | Exempt from ATR | Yes | ||||||||||
| XXXXX | 4000103425 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of XXXX % or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX+ XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | C | B | C | B | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103425 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXXexceeds tolerance of $XXXXplus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure provided. | Reviewer Comment (2025-12-08): Sufficient Cure Provided At
Closing |
12/08/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | Final CD evidences Cure | C | B | C | B | B | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000103425 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure provided. | Reviewer Comment (2025-12-08): Sufficient Cure Provided At
Closing |
12/08/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | Final CD evidences Cure | C | B | C | B | B | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000104150 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102906 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000102906 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Certification Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-23): XXXX received Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Seller Comment (2025-12-22): Comment from XXXX (XXXX): Please see attached Reviewer Comment (2025-12-09): XXXX received rebuttal comment but as per file the Certification of Good Standing fee of $XXXX was disclosed on CD dated XXXX although the fee is paid to title company but the fee name was disclosed without title on CD. Please provide corrected PCCD correcting the fee name with "Title -" prefix along with the LOE to accompanying CD. Buyer Comment (2025-12-08): Comment from XXXX (XXXX): Fee not listed on SSPl and title company was selected by borrower, not subject to fee tolerance. |
12/23/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NJ | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000101135 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Reviewer Comment (2025-12-12): Coverage disclosed in
policy, exception cleared Seller Comment (2025-12-12): Comment from XXXX (XXXX): See the attached HOI, page 6 and 18 for the Fair Rental Income Coverage |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101292 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Earnest Money Deposit source documents are missing. | Reviewer Comment (2025-12-08): Cleared with EMD sourced
with bank statements Seller Comment (2025-12-08): Comment from XXXX (XXXX): XXXX: Please see attached. The borrower's EMD of XXXX was between XXXX XXXX ($XXXX) , XXXX XXXX ($XXXX) , and XXXX XXXX ($XXXX) |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101292 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Earnest Money Deposit source documents are missing. | Reviewer Comment (2025-12-08): Cleared with evidence of
the EMD sourced Seller Comment (2025-12-08): Comment from XXXX (XXXX): XXXX: Please see attached. The borrower's EMD of $XXXX was between XXXX XXXX($XXXX) , XXXX XXXX($XXXX) , and XXXX XXXX ($XXXX) |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000099427 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument was not provided in file. | Reviewer Comment (2025-12-09): Received, Clearing. Seller Comment (2025-12-09): Comment from XXXX (XXXX): DOT |
12/09/2025 | 1 | D | A | D | A | D | A | D | A | D | A | WA | Second Home | Purchase | D | B | D | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000099427 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Have Escrow - Initial Escrow Payment By All Parties | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX disclosed an Initial Escrow Payment that includes both borrower and non-borrower paid amounts. | Final Closing Disclosure provided on XXXX disclosed an Initial Escrow Payment that includes both borrower and non-borrower paid amounts. | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WA | Second Home | Purchase | Letter of Explanation & Corrected Closing Disclosure | D | B | D | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000103268 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-08): Clearing based on review
coming back within tolerances. Reviewer Comment (2025-12-08): Buyer ordered review. Nothing to do at this time. Seller Comment (2025-12-08): Comment from XXXX (XXXX): Hello, please see attached the UCDP score is 1 less than 2.5. Thank you |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000101931 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Initial Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Reviewer Comment (2026-01-07): XXXX received XXXX CD
received 3 business days prior to consummation. Seller Comment (2026-01-07): Comment from XXXX (XXXX): XXXX Disagree - the CD was sent and signed on XXXX Reviewer Comment (2025-12-31): XXXX received XXXX CD. However, with mailbox rule in effect for timing, CD was not received at least 3 business days prior to consummation date on XXXX. Mailbox rule receipt date is XXXX. Lender provided an electronic disclosure tracking, however, this only reflects when the disclosure was sent and not when borrower received. Package Order and Distributed does not appear to be status for borrower received/acknowledged/viewed. Distributed would imply it was sent via email. Please provide proof of earlier receipt by borrower or timing is not met. Seller Comment (2025-12-30): Comment from XXXX XXXXXX (XXXX): XXXX: Please see the attached // |
01/07/2026 | 1 | C | A | C | A | C | A | C | A | C | A | NM | Primary | Refinance - Cash-out - Other | No Defined Cure | C | A | A | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000102733 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/XXXX) | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102733 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $XXXXis less than the note amount of $XXXXbased on the Commitment in file. please provide updated title policy | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101183 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CT | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101896 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $XXXXis less than Cash from Borrower $XXXX. File is missing Money Market Fund (XXXX #XXXX) account statement. | Reviewer Comment (2025-12-07): Received additional bank
statements included in assets. Available for Closing is sufficient to cover
Cash From Borrower. Exception cleared. Seller Comment (2025-12-05): Comment from XXXX (XXXX): See attached |
12/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101896 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100863 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | VA | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000098407 | XXXXX | XXXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | - | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-05): Client elected to
waive/regrade with compensating factors. Lender exception provided. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | IA | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000101152 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Property taxes on XXXX subject property being paid late. Now paid current, per Letter of Explanation borrower was paying semi-annually versus quarterly. Taxes will be escrowed on this loan. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-05): Client elects to waive with
compensating factors |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000099714 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | OK | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000101433 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date | Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). | Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s) | Reviewer Comment (2025-12-09): Received, Letter of
Explanation, Proof of Delivery, and Re-open Rescission using the correct
model form. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Please see attached, this will be sent out today. Thank you Reviewer Comment (2025-12-09): The new RTC submitted has an expiration date that has not passed yet and it is not more than three business days from the transaction date Seller Comment (2025-12-09): Comment from XXXX (XXXX): Please see attached |
12/09/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | A | A | C | B | D | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000101433 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Loan is to be securitized. Secondary valuation is missing. | Reviewer Comment (2025-12-08): UCDP with acceptable risk
score received, exception cleared Seller Comment (2025-12-08): Comment from XXXX (XXXX): Please see attached |
12/08/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | C | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101433 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date of XXXX. | Reviewer Comment (2025-12-09): Mistakenly set |
12/09/2025 | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | A | A | C | B | D | A | Non QM | Non QM | Yes | |||||||||||||||
| XXXXX | 4000101433 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TILA | TILA Notice of Right to Cancel Expiration Date greater than Deal Start Date. | Rescission expiration date provided by lender on Notice of Right to Cancel has not expired as of time of review. | Reviewer Comment (2025-12-09): Mistakenly set |
12/09/2025 | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | C | B | D | A | Non QM | Non QM | No | ||||||||||||||||
| XXXXX | 4000100216 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXXexceeds tolerance of $XXXXplus XXXX% or $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Ten Percent Fee Tolerance exceeded. Total amount of $XXXXexceeds tolerance of $XXXXplus XXXX% or $XXXX. $XXXXover legal limit. A cure of $XXXXwas provided but it was not specified as to which fee cure was applied to. | Reviewer Comment (2026-01-06): XXXX received Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Seller Comment (2026-01-05): Comment from XXXX (XXXX): PH for PR Reviewer Comment (2025-12-22): XXXX received rebuttal comment. However, provided PCCD indicates $XXXX Principal reduction instead Principal reduction for cure exceeding legal limits P.O.C. Lender. This is not specific principal reduction to borrower for the lender credit violation. Please provide a Corrected CD, LOE to borrower reflecting this as a principal reduction for cure credit for costs over legal limits. Along with required payment history to complete remediation. Buyer Comment (2025-12-19): Comment from XXXX (XXXX): Please advise on the REJECTED PCCD and LOX that was uploaded showing Principal Reduction $XXXX on pg 3 Line K-05 > PH is not available yet - accounting adds to Funds and they will provide after its applied Reviewer Comment (2025-12-18): XXXX received PCCD and LOE, however PCCD showing cure as principal reduction whereas it should be updated as principal reduction of cure. Please provide corrected PCCD showing as principal reduction of cure along with payment history to cure the exception. Seller Comment (2025-12-18): Comment from XXXX (XXXX): LOX and PCCD Reviewer Comment (2025-12-16): XXXX received LOX dispute with additional information. However, the attorney document fee $XXXX, Abstract fee $XXXX and document prep fee of $XXXX was not payable to XXXX and all other title fees are payable to XXXX company and the same was elected from SSPL provider list. Hence, the CPL fee $XXXX, Examination fee $XXXX, Lender's title insurance fee $XXXX settlement fee $XXXX and recording fee of $XXXX calculated under XXXX% tolerance and the fees are exceed over XXXX% tolerance of $XXXX (ILE $XXXX + 10% ($XXXX) = $XXXX - XXXX FCD). A valid COC for the fee added and increased or Cure is required to borrower. Seller Comment (2025-12-12): Comment from XXXX (XXXX): DISPUTE uploaded in misc Reviewer Comment (2025-12-11): XXXX received LOX. However, as per our calculation the Title- CPL fee charged on CD for XXXX, Title- Examination fee on LE XXXX and XXXX on CD, Title- Lender title insurance charged on CD for XXXX , Recording fee on LE is XXXX and XXXX on CD, Title- Settlement /Closing fee on CD for XXXX. Therefore, the total amount disclosed on LE is XXXX and XXXX on CD the difference is of XXXX . The Final CD is reflecting cure of XXXX and we would require additional cure of XXXX in order to cure this exception along with cure docs. Cure documents consist of Post CD,LOX, Copy of refund check and proof of mailing. Seller Comment (2025-12-10): Comment from XXXX (XXXX): DISPUTE LOX and CIC CD to go with DISPUTE uploaded misc |
01/06/2026 | 2 | C | B | C | B | C | B | C | B | C | B | MD | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000101169 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Arrow Appraisal in file. A secondary valuation was not located in file. | Reviewer Comment (2025-12-22): Received CDA. Exception
cleared. Seller Comment (2025-12-22): Comment from XXXX (XXXX): RDA |
12/22/2025 | 1 | D | A | D | A | D | A | D | A | D | A | MA | Second Home | Refinance - Cash-out - Other | D | B | C | A | B | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000101169 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX. | Reviewer Comment (2025-12-23): RCE provided. Cleared. Seller Comment (2025-12-23): Comment from XXXX (XXXX): email from HOI |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MA | Second Home | Refinance - Cash-out - Other | D | B | C | A | B | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000101169 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MA | Second Home | Refinance - Cash-out - Other | D | B | C | A | B | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000102902 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000102902 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | XXXX Subprime Loan: Counseling Disclosure not provided to borrower. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000102902 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) New York Subprime Loan (Provision Increasing Rate After Default) | XXXX Subprime Loan: Mortgage loan contains a provision that increases interest rate after default. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | Provide the following: Letter of Explanation, modification of loan terms to remove the provision to increase the interest rate after default and proof of mailing. | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | Yes | ||||||||||
| XXXXX | 4000102902 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) | XXXX Subprime Loan: Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | Provide the following: Letter of Explanation, corrected Mortgage (with required Legend) signed by consumers, and proof of re-recording. | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | Yes | ||||||||||
| XXXXX | 4000102902 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX+ XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000102902 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Notice of Taxes and Insurance Not Provided) | New York Subprime Loan: Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000102902 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXXexceeds tolerance of $XXXXplus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Ten Percent Fee Tolerance exceeded. Total amount of $XXXXexceeds tolerance of $XXXXplus XXXX% or $XXXX. Sufficient cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-08): Sufficient Cure Provided At
Closing |
12/08/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000102413 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-09): Clearing based on review
coming back within tolerances. |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000102413 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application | RESPA Disclosure Rule (Dodd-Frank 2014): List of Homeownership Counseling Organizations not provided to applicant within three (3) business days of application. | RESPA Disclosure Rule (Dodd-Frank 2014): List of Homeownership Counseling Organizations not provided to applicant within three (3) business days of application. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101833 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Missing Corporate Resolution/Operating Agreement | Reviewer Comment (2025-12-12): Acceptable documentation,
exception cleared Seller Comment (2025-12-12): Comment from XXXX (XXXX): UW memo |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100458 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Cash Out not permitted on Rural Properties per guidelines. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-09): Client exception
received. Seller Comment (2025-12-09): Comment from XXXX (XXXX ): Credit Exception for property type |
12/09/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000100123 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-09): Clearing based on review
coming back within tolerances. |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000100123 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Tax Verification document pending for XXXX | Reviewer Comment (2025-12-14): Received Tax Verification.
Exception cleared. Seller Comment (2025-12-13): Comment from XXXX (XXXX): Hello, please see attached the DOT showing the APN matching with the Tax cert for XXXX Reviewer Comment (2025-12-10): Received Property History report does not reflect the property address name . Please provide Tax verification for XXXX. Exception remains. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Hello, please see attached, thank you |
12/14/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100123 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummatio | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100123 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date of XXXX. | Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date of XXXX | Reviewer Comment (2025-12-10): Received, Clearing. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Hello Team, please see attached the Post Consummation CD and Final SS showing the loan funded on XXXX. Thank you |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100123 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date | Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). | Reviewer Comment (2025-12-18): Letter of Explanation and
Proof of Delivery of RTC received Reviewer Comment (2025-12-18): Reopened Reviewer Comment (2025-12-18): Updated RTC, exception cleared Seller Comment (2025-12-18): Comment from XXXX (XXXX): Hello, please see attached, thank you Reviewer Comment (2025-12-13): The RTC itself didn't allow the three days as it show XXXX as expire date when Sunday doesn't count so it should have been XXXX. The cure for this is Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form. Seller Comment (2025-12-12): Comment from XXXX (XXXX): Please see the attached XXXX which reflects that the borrower signed the loan documents on XXXX and that the loan funded on XXXX, after the required three business-day rescission period. We have also provided the Post-Consummation Closing Disclosure, which accurately reflects the correct dates. Please waive this condition. Thank you Reviewer Comment (2025-12-10): RTC provided did not provide for 3 business days to the borrower. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Hello Team, please see attached the Post Consummation CD and Final SS showing the loan funded on XXXX. Thank you |
12/18/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000102957 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NC | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102957 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Fraud report missing for both Borrowers | Reviewer Comment (2025-12-09): Fraud report provided.
Cleared. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Drive and Credit Report |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102957 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $XXXX is less than Cash From Borrower $XXXX. | Reviewer Comment (2025-12-09): After further review,
exception has been cleared. Buyer Comment (2025-12-09): Comment from XXXX (XXXX): Please provide full breakdown of asset calculation that lead to your calculations. |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102957 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Calculated Available for Reserves of $XXXXis less than Guideline Available for Reserves of $XXXX. | Reviewer Comment (2025-12-09): After further review,
exception has been cleared. Buyer Comment (2025-12-09): Comment from XXXX (XXXX): Please provide full breakdown of reserves calculation. |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101208 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000100762 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Please provide a donor check/ proof of withdrawal for the gift funds $XXXX. | Reviewer Comment (2025-12-08): Removed Gift Funds for
$XXXX from qualification. Clearing. Buyer Comment (2025-12-08): Comment from XXXX (XXXX): We have used gift in amount of $ XXXX not $XXXX. Please review and waive the condition. |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100762 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Please provide a donor check/ proof of withdrawal for the gift funds $XXXX. | Reviewer Comment (2025-12-08): Provided. Cleared. Seller Comment (2025-12-08): Comment from XXXX (XXXX): Gift Fund Receipt |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100762 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Evidence of access to funds is missing for XXXX #XXXX account. Provided access of funds letter is for XXXX #XXXX. | Reviewer Comment (2025-12-11): Received, Clearing. Seller Comment (2025-12-11): Comment from XXXX (XXXX): Access Letter |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100762 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception for the DSCR under 1.00 for first time investors | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. | SitusAMC | Reviewer Comment (2025-12-05): Lender exception
approved |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000101403 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Tax Verification not provided for XXXX. | Reviewer Comment (2025-12-08): Tax Verification received,
exception cleared Seller Comment (2025-12-08): Comment from XXXX (XXXX): Ppty tax calculation - XXXX |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000101403 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000096107 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. File does not contain a valid COC for this fee, nor evidence of cure provided in file. | Reviewer Comment (2025-12-18): XXXX Received Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Seller Comment (2025-12-17): Comment from XXXX (XXXX): Cure Docs |
12/18/2025 | 2 | C | B | C | B | C | B | C | B | C | B | MA | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000096107 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Tax Certificate is missing for REO Property "XXXX". | Reviewer Comment (2025-12-17): Co-Op. Clearing. Seller Comment (2025-12-17): Comment from XXXX (XXXX): Rebuttal |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MA | Second Home | Purchase | C | B | C | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000102030 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-08): Clearing based on review
coming back within tolerances. |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102030 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102030 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Current bank statement for XXXX #XXXX verifying Earnest Money wired from account. | Reviewer Comment (2025-12-11): Received, Clearing. Buyer Comment (2025-12-11): Comment from XXXX (XXXX): Please disregard the previously uploaded documents. The borrower's verified assets already exceed $XXXX, so even without providing the source of the EMD, the borrower's assets are fully sufficient. Therefore, there is no need to provide additional documentation. Please waive this condition. Reviewer Comment (2025-12-10): Page received is blank. Buyer Comment (2025-12-10): Comment from XXXX (XXXX): The borrower's verified assets already exceed XXXX, so even without providing the source of the EMD, the borrower's assets are fully sufficient.Please waive this condition. Reviewer Comment (2025-12-09): Received blank document. Exception remains. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Please see attached. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102384 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-08): Clearing based on review
coming back within tolerances. |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102821 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-09): Clearing based on review
coming back within tolerances. |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102042 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Appraisal Notice sent XXXX. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Second Home | Purchase | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000102042 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Waiver Less than 3 Days From Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Borrower provided appraisal waiver less than three (3) business days prior to consummation. | Appraisal Notice in file reflects Appraisal sent XXXX. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Second Home | Purchase | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000102042 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Waiver Less than 3 Days From Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Borrower provided appraisal waiver less than three (3) business days prior to consummation. | Appraisal Notice in file reflects Appraisal sent XXXX. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Second Home | Purchase | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000102699 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary title policy amount is blank. | Reviewer Comment (2025-12-05): Accepted as is. |
12/05/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103127 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Appraisal delivery confirmation receipt is not provided | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Purchase | B | B | A | A | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXX | 4000101835 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100952 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100952 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Missing Final CD for the refinance of the investment property, whose proceeds were used for closing/reserves for this loan. | Reviewer Comment (2025-12-10): Cleared with the final CD,
and closing statement Seller Comment (2025-12-10): Comment from XXXX (XXXX): XXXX: Please see attached. |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100696 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000099174 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Appraisal delivery confirmation receipt is not provided | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TN | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000099174 | XXXXX | XXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Reviewer Comment (2025-12-08): Received, Clearing. Seller Comment (2025-12-08): Comment from Post Closing (XXXX): title commitment |
12/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000101494 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2025-12-18): CDA provided. Cleared. Seller Comment (2025-12-18): Comment from XXXX (XXXX): 2ND APPRAISAL Reviewer Comment (2025-12-15): UCDPs submitted are the same ones already received. They do not clear the exception. Seller Comment (2025-12-15): Comment from XXXX (XXXX): SSR's FANNIE & FREDDIE Reviewer Comment (2025-12-08): Documentation recently submitted does not clear exception. Seller Comment (2025-12-08): Comment from XXXX (XXXX): ALL APPRAISAL DOCS |
12/18/2025 | 1 | D | A | D | A | D | A | D | A | D | A | IL | Investment | Purchase | D | B | A | A | B | B | D | A | N/A | No | |||||||||||||
| XXXXX | 4000101494 | XXXXX | XXXXX | Compliance | TRID | Document Error | TRID | Closing Disclosure: Dates are not in chronological order. | - Issue Date: ___; Received Date: ___; Signed Date: ___ | CD issued date is XXXX but borrower signed date is XXXX | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | IL | Investment | Purchase | D | B | A | A | B | B | D | A | N/A | No | |||||||||||
| XXXXX | 4000101494 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | IL | Investment | Purchase | D | B | A | A | B | B | D | A | N/A | No | |||||||||||
| XXXXX | 4000104393 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | OK | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000101348 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Missing Fraud Report for both borrowers. | Reviewer Comment (2025-12-10): Fraud Report received and
all red flags addressed. Exception cleared. Seller Comment (2025-12-10): Comment from XXXX (XXXX): Fraud Report |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | D | A | D | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101348 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Purchase Agreement or Sales Contract not provided | Reviewer Comment (2025-12-10): Received Purchase
agreement. Exception cleared. Seller Comment (2025-12-10): Comment from XXXX (XXXX): Purchase Contract |
12/10/2025 | 1 | D | A | D | A | D | A | D | A | D | A | GA | Primary | Purchase | D | A | D | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000094282 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-10): Clearing based on review
coming back within tolerances. |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100100 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Variance due to Lenders REO calculations. | Reviewer Comment (2025-12-11): For the REO property
located at XXXX the mortgage statement verifies that the Principal &
Interest (P&I) payments are being made by a non-borrower. Hence
Debt-to-Income (DTI) ratio is within guideline limits. Exception cleared. Buyer Comment (2025-12-11): Comment from XXXX (XXXX): Please provide detailed REO calculations for review. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NH | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100100 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2025-12-11): For the REO property
located at XXXX the mortgage statement verifies that the Principal &
Interest (P&I) payments are being made by a non-borrower. Hence
Debt-to-Income (DTI) ratio is within guideline limits. Exception cleared. |
12/11/2025 | 1 | B | A | C | A | B | A | C | A | B | A | NH | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000100100 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of XXXX% significantly exceeds the guideline maximum of XXXX%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | Reviewer Comment (2025-12-11): For the REO property
located at XXXX the mortgage statement verifies that the Principal &
Interest (P&I) payments are being made by a non-borrower. Hence
Debt-to-Income (DTI) ratio is within guideline limits. Exception cleared. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NH | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100100 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Variance due to Lenders REO calculations. | Reviewer Comment (2025-12-11): For the REO property
located at XXXX the mortgage statement verifies that the Principal &
Interest (P&I) payments are being made by a non-borrower. Hence
Debt-to-Income (DTI) ratio is within guideline limits. Exception cleared. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NH | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100047 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception for a private landlord | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2025-12-08): Lender exception
approved |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WA | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000102235 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | GA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101282 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is $XXXX. The loan amount is $XXXX. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | ID | Investment | Refinance - Rate/Term | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000102663 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to the borrower within 3 business days of the note date. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100267 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100267 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date of XXXX. | Reviewer Comment (2025-12-16): Received, Clearing. Seller Comment (2025-12-15): Comment from XXXX (XXXX): Hello Team please see attached the Post Consummation CD and Final SS showing the disbursement date is XXXX. Thank you |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000100267 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2025-12-16): Received, Clearing. Seller Comment (2025-12-15): Comment from XXXX (XXXX): Hello Team please see attached the Post Consummation CD and Final SS showing the cash back is XXXX. Thank you |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000100267 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | PITIA months of reserves of 0.00 is less than required reserves of 6 months. | Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-10): Client elects to waive with
compensating factors |
12/10/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000100267 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation of Non QM does not match due diligence designation of ATR Risk. | Reviewer Comment (2025-12-16): Received, Clearing. |
12/16/2025 | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100267 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Loan is at ATR risk due to short funds to close and reserves. | Reviewer Comment (2025-12-16): Received, Clearing. |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103221 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Max LTV based on loan amount. | Reviewer Comment (2025-12-10): Lender Exception approved-
meets XXXX matrices with compensating factors High Fico, High Residual Income
and High reserves. Exception cleared. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Hello, please see attached, thank you |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103221 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Max LTV based on loan amount. | Reviewer Comment (2025-12-10): Lender Exception approved-
meets XXXX matrices with compensating factors High Fico, High Residual Income
and High reserves. Exception cleared. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Hello, please see attached, thank you |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103221 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-10): Clearing based on review
coming back within tolerances. Reviewer Comment (2025-12-10): Buyer ordered review. Nothing to do at this time. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Hello, please see the SSR showing the score is 1 less than 2.5. Please waive this condition. Thank you |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000102251 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-10): Clearing based on review
coming back within tolerances. |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000101999 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Legal Description not provided | Reviewer Comment (2025-12-15): Received Legal Description.
Exception cleared. Seller Comment (2025-12-14): Comment from XXXX (XXXX): Legal Description |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | UT | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102221 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36 | AUS p.10 item number 25 reflects property value was accepted without appraisal. An AVM is required | Reviewer Comment (2025-12-17): AVM provided. Cleared. Seller Comment (2025-12-17): Comment from XXXX (XXXX): AVM Reviewer Comment (2025-12-15): AVM provided doesn't have a FSD score which is required by guidelines. Seller Comment (2025-12-15): Comment from XXXX (XXXX): AVM Reviewer Comment (2025-12-11): Guideline below: 7.2 AUS APPRAISAL WAIVERS §XXXX will accept loans with AUS Appraisal Waivers in lieu of an Appraisal provided the loan meets all Fannie Mae/DU or Freddie Mac/LP requirements for qualification - AUS Waivers include Fannie Mae's Value Acceptance and Freddie Mac's XXXX - Loans using an AUS Appraisal Waiver will need an AVM as a third-party valuation - See 7.3 Third Party Appraisal Review for full AVM requirements § Loans qualifying as a Non-Agency Investor/2nd Home will be ineligible for Appraisal Waiver § Freddie Mac/LP currently does not accept Appraisal Waivers on Investment properties 7.3 THIRD PARTY APPRAISAL REVIEW § Loans should be submitted to XXXX fulfillment vendor with completed third-party review that validates the origination appraisal. Either a XXXX - Collateral Desktop Analysis "CDA" or a XXXX Valuation - Appraisal Risk Review "ARR" are acceptable. Loans delivered without a third-party valuation report will have one performed by XXXX. - Loans using an Appraisal Waiver will need an AVM as a third-party valuation. If an AVM comes back outside of tolerance, the next option would be a Brokers Price Opinion "BPO" - An AVM will be permitted with the following conditions § Must be submitted with a property condition report detailing exterior photos. Property condition report to show the underlying property to be in adequate condition § AVM must be dated within 60 days of the Note Date § AVM must have an acceptable confidence score § AVM must be provided by an acceptable Rating Agency or XXXX approved provider (see below for partial list) Approved AVM Vendors Minimum Confidence Score XXXX>=.XXXX XXXX >=.XXXX XXXX >=.XXXX XXXX >=.XXXX XXXX >=.XXXX § The Vendor Appraisal/Value Review final opinion of value must be within -XXXX% of the origination appraisal(s) or sales price § The Seller may utilize a Submission Summary Report as a secondary valuation if the score is <=2.5. - File must include a copy of the Submission Summary Report that coincides with the corresponding AUS utilized to underwrite the file § Desk review is not required for loans with two (2) appraisals Buyer Comment (2025-12-11): Comment from XXXX (XXXX): Please send me your guideline stating this so we can escalate to team. Per AUS PDR is required and that was what we obtained. If this is your guideline I will escalate so team is aware. Reviewer Comment (2025-12-10): Please read sections 7.2 & 7.3 of the guidelines which require a AVM. Buyer Comment (2025-12-10): Comment from XXXX (XXXX): PDR is a value and acceptance + property data with FNMA and is what item 25 is requiring. Reviewer Comment (2025-12-10): An AVM is required per guidelines. Seller Comment (2025-12-09): Comment from XXXX (XXXX): PDR ordered |
12/17/2025 | 1 | D | A | B | A | D | A | C | A | D | A | AZ | Second Home | Purchase | D | B | C | B | C | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000102221 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Commitment is $XXXXand the loan amount is $XXXX. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Second Home | Purchase | D | B | C | B | C | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000102221 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | There was a FEMA Disaster Declaration dated XXXX. The subject property is located in a FEMA Disaster area. A post disaster inspection report reflecting there is no damage to the subject property. The post inspection report must be dated after the disaster declaration end date. PDI ordered XXXX | Reviewer Comment (2025-12-10): Received, Clearing. Seller Comment (2025-12-10): Comment from XXXX (XXXX): PDR is well dated after FEMA disaster date and clearly shows no damage Reviewer Comment (2025-12-10): PDI has been ordered. Buyer Comment (2025-12-09): Comment from XXXX (XXXX): Are you requesting we order since condition states PDI ordered yesterday? |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Second Home | Purchase | D | B | C | B | C | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000102221 | XXXXX | XXXXX | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | - | Statement is missing for asset. Need the September 2025 statement for this account | Reviewer Comment (2025-12-19): Received September
statement Seller Comment (2025-12-19): Comment from XXXX (XXXX): Statement |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Second Home | Purchase | D | B | C | B | C | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000102221 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Closing Disclosures in file both list Date issued as XXXX and Closing Date is also XXXX. | Reviewer Comment (2025-12-10): XXXX received proof of
receipt. Seller Comment (2025-12-09): Comment from XXXX (XXXX): initial Cd was sent on XXXX attached is copy with disclosure details showing they viewed it before closing. |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Second Home | Purchase | No Defined Cure | D | B | C | B | C | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||
| XXXXX | 4000102221 | XXXXX | XXXXX | Property | Valuation | General | Valuation | Valuation Product pending | XXXX / Post Disaster Inspection + XXXX - 5 Days | Reviewer Comment (2025-12-10): Received, Clearing. |
12/10/2025 | 1 | A | A | A | A | A | A | A | A | A | A | AZ | Second Home | Purchase | D | B | C | B | C | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000102221 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized, and was originated with an Appraisal Waiver. AVM supports value. Sec ID: 26 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-17): Accepted as is per
client. |
12/17/2025 | 2 | B | B | B | B | B | AZ | Second Home | Purchase | D | B | C | B | C | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000102546 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101398 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-10): Clearing based on review
coming back within tolerances. |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101434 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-10): Clearing based on review
coming back within tolerances. |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101434 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Preliminary Title Report does not list coverage amount. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000098944 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report not provided in file. | Reviewer Comment (2025-12-11): Received, Clearing. Seller Comment (2025-12-11): Comment from XXXX (XXXX): F Report |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103693 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided at Application but within Three Days) | XXXX Subprime Loan: Counseling Disclosure not provided to borrower at the time of application, but within three days of application. | New York Subprime Loan: Counseling Disclosure not provided to borrower at the time of application, but within three days of application. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000103693 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Greater than 3 Year ARM Compliant | XXXX Subprime Loan: APR on subject loan of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX% + XXXX%, or XXXX%. Compliant SubPrime Loan. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101788 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000099320 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent Loss Insurance for the subject property is required. | Reviewer Comment (2025-12-19): Rent loss policy provided.
Cleared. Seller Comment (2025-12-19): Comment from XXXX (XXXX): Attached |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103563 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-09): Clearing based on review
coming back within tolerances. |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000103563 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Corporate Resolution is missing. | Reviewer Comment (2025-12-13): Received, Clearing. Seller Comment (2025-12-12): Comment from XXXX (XXXX): XXXX: Please see the attached operating agreement utilized in lieu of a corporate resolution. |
12/13/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103563 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing. | Reviewer Comment (2025-12-13): Received, Clearing. Seller Comment (2025-12-12): Comment from XXXX (XXXX): XXXX: Please see the attached operating agreement. |
12/13/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101457 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-11): Accepted as is. |
12/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103131 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Provide a copy of the appraisal invoice reflecting POCB amount of $XXXX. | Reviewer Comment (2025-12-10): Received, Clearing. Seller Comment (2025-12-10): Comment from XXXX (XXXX): Hello, please see attached. |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000103131 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Provide a copy of the Credit report invoice reflecting POCB of $XXXX. | Reviewer Comment (2025-12-10): Received, Clearing. Seller Comment (2025-12-10): Comment from XXXX (XXXX): Hello, please see attached. |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000099888 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument is missing. | Reviewer Comment (2025-12-16): Received Security
Instrument document, Exception cleared. Seller Comment (2025-12-16): Comment from XXXX (XXXX): Please see attached |
12/16/2025 | 1 | D | A | D | A | D | A | D | A | D | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000099888 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Assignment of Leases/Rents not provided | Assignment of Leases/Rents is missing. Security Instrument is missing. | Reviewer Comment (2025-12-16): Received Assignment of
Leases/Rents. Exception cleared. Seller Comment (2025-12-16): Comment from XXXX (XXXX): Please see attached |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000099453 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Reviewer Comment (2025-12-15): Received Fraud Report.
Exception cleared. Seller Comment (2025-12-15): Comment from XXXX (XXXX): attached |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100845 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | B | B | A | A | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000102576 | XXXXX | XXXXX | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | Hazard Insurance Policy is missing. | Reviewer Comment (2025-12-09): Received Hazard Insurance
Policy. Exception cleared. Seller Comment (2025-12-09): Comment from XXXX (XXXX): See attached |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102576 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | Final 1003 is missing. | Reviewer Comment (2025-12-09): Received Final 1003
Application. Exception cleared. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Final 1003 |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102576 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | File is missing currently listed or signed letter of intent from
Borrower indicating they intend to list the departure residence for sale within ninety (90) days of closing on subject transaction, per guidelines. |
Reviewer Comment (2025-12-09): LOE for intent to sell
provided. Cleared Seller Comment (2025-12-09): Comment from XXXX (XXXX): See attached |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102576 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Preliminary Title Report does not list policy amount. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102238 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102506 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-10): Clearing based on review
coming back within tolerances. |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000103686 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | XXXX Subprime Loan: Counseling Disclosure not provided to borrower. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103686 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) | XXXX Subprime Loan: Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | Provide the following: Letter of Explanation, corrected Mortgage (with required Legend) signed by consumers, and proof of re-recording. | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000103686 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Greater than 3 Year ARM Non-Compliant | XXXX Subprime Loan: APR on subject loan of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX% + XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000103686 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Notice of Taxes and Insurance Not Provided) | New York Subprime Loan: Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101528 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2025-12-09): Received CDA. Exception
cleared. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Hello, please see attached. Thank you |
12/09/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Purchase | D | A | A | A | A | A | D | A | N/A | N/A | No | ||||||||||||
| XXXXX | 4000100328 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | IL | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100328 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception for a private party VOR | The Combined Loan to Value (CLTV) on the loan is less than the
guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-09): Lender exception
approved |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | IL | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000103225 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2025-12-11): Received POCB Paid invoices
included in Assets. Available for Closing is sufficient to cover Cash From
Borrower. Exception cleared. Seller Comment (2025-12-10): Comment from XXXX (XXXX): Hello Team, please see attached the Appraisal and credit report invoices per your request. Thank you Reviewer Comment (2025-12-10): Please provided POC invoices for items paid prior to close. Reviewer Comment (2025-12-10): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Hello Team, please see attached the Post Consummation CD and Final Settlement Statement showing the Cash to close is XXXX and it's less than the fund available is XXXX. Thank you |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000103225 | XXXXX | XXXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. | Require additional assets to meet cash to close and reserves requirements. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-15): Client elects to waive with
compensating factors |
12/15/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000103225 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Require additional assets to meet cash to close and reserves requirements. | Reviewer Comment (2025-12-15): Client elects to waive
reserves requirement |
12/15/2025 | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000103225 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | ATR failure due to insufficient income/asset documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. | Reviewer Comment (2025-12-15): Client elects to waive
reserves requirement with compensating factors |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103225 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan was agency approved with an Originator Loan Designation of (enter designation); but the required (enter missing documentation) required per Investor Guidelines was not provided causing the loan to waterfall through the QM Testing. | Reviewer Comment (2025-12-15): Client elects to waive
reserves requirement |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103225 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000103225 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Calculated Available for Reserves of ___ is less than Guideline Available for Reserves of ___. | Available reserves of 0.00 is less than the guidelines reserve of $XXXX. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-10): Client elects to waive with
compensating factors |
12/10/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000100395 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report is missing in the file. | Reviewer Comment (2025-12-12): Fraud Report received,
exception cleared Seller Comment (2025-12-12): Comment from XXXX (XXXX): fraud report |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MO | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100395 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Missing HOI Verification | Reviewer Comment (2025-12-12): HOI Verification, exception
cleared Seller Comment (2025-12-12): Comment from XXXX (XXXX): HOI |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MO | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100395 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Utilizing amended and higher qualifying income vs stated income from initial signed 1003. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-09): Client elected to
waive/regrade with compensating factors.
Lender exception provided. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MO | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000101969 | XXXXX | XXXXX | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Appraisal is missing. | Reviewer Comment (2025-12-10): Received Appraisal.
Exception cleared. Seller Comment (2025-12-10): Comment from XXXX (XXXX): See attached |
12/10/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Purchase | D | B | D | B | C | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101969 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing. Sec ID: 1 | Appraisal is missing. | Reviewer Comment (2025-12-10): Received UCDP Submission
Summary Report with risk score less than 2.5. Hence secondary valuation is
not required. Exception cleared. Seller Comment (2025-12-10): Comment from XXXX (XXXX): See attached |
12/10/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Purchase | D | B | D | B | C | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101969 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | There was a FEMA Disaster Declaration dated XXXX. The subject property is located in a FEMA Disaster area. A post disaster inspection report is needed verifying there is no damage to the subject property. The post inspection report must be dated after the disaster declaration end date. May not need a PDI once the appraisal is received. | Reviewer Comment (2025-12-10): Received Appraisal.
Exception cleared. Seller Comment (2025-12-10): Comment from XXXX (XXXX): See attached |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | D | B | D | B | C | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101969 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Preliminary Title Report does not list coverage amount. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | D | B | D | B | C | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101969 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. | Closing Disclosure Box regarding reason for not having an Escrow Account was not marked. | Reviewer Comment (2025-12-17): XXXX received Letter of
explanation and Corrected Closing disclosure. Seller Comment (2025-12-16): Comment from XXXX (XXXX): See attached. This has been corrected last time. Reviewer Comment (2025-12-16): XXXX received Post Closing Disclosure did not designate a reason on Page 4 " Escrow Account - Will Not Have an Escrow Account Because" - reason was missing and not marked as "declined" or "lender does not offer". Letter of Explanation and Corrected CD required to cure. Seller Comment (2025-12-16): Comment from XXXX (XXXX): See attached Reviewer Comment (2025-12-15): XXXX received CD dated XXXX with the correction. However, we would require correction to be made on Post CD. Kindly provide updated Post CD to reflect "did not designate a reason on Page 4 " Escrow Account - Will Not Have an Escrow Account Because" - reason was missing and not marked as "declined" or "lender does not offer". Letter of Explanation and Corrected CD required to cure. Seller Comment (2025-12-13): Comment from XXXX (XXXX): See attached CD. Reviewer Comment (2025-12-12): XXXX received LOE but, Final Closing Disclosure did not designate a reason on Page 4 " Escrow Account - Will Not Have an Escrow Account Because" - reason was missing and not marked as "declined" or "lender does not offer". Letter of Explanation and Corrected CD required to cure. Seller Comment (2025-12-10): Comment from XXXX (XXXX): See attached |
12/17/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | D | B | D | B | C | B | D | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000101969 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-12-11): Accepted as is. |
12/11/2025 | 2 | B | B | B | B | B | CA | Primary | Purchase | D | B | D | B | C | B | D | A | Non QM | Non QM | No | ||||||||||||||||
| XXXXX | 4000101953 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXXexceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXXexceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-11): XXXX Received LE dated XXXX
along with COC. Seller Comment (2025-12-10): Comment from XXXX (XXXX): here's the missing LE2. Thank you |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | ID | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000102182 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXXexceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-19): XXXX received valid COC
document Seller Comment (2025-12-18): Comment from XXXX (XXXX): Exception form attached Reviewer Comment (2025-12-15): XXXX received COC dated XXXX stating " exception for no housing and insufficient tradelines". However, we would require supporting documents lender exception sheet in order re-validate the exception. Buyer Comment (2025-12-12): Comment from XXXX (XXXX): Please note the COC was sent out with the CD on XXXX. The COC was also included in the initial loan delivery . Please see the COC under the Unordered, thank you. |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MN | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000102651 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance for the subject property is required and
must equal at least six (6) months of local average monthly rents |
Reviewer Comment (2025-12-22): Received, Clearing. Seller Comment (2025-12-19): Comment from XXXX (XXXX): Email confirming rent loss |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103707 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000098136 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing | Title Evidence of title is missing. | Reviewer Comment (2025-12-10): Received, Clearing. Seller Comment (2025-12-10): Comment from XXXX (XXXX): Title Commitment, Endorsements, Affidavit of Title, and CPL |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000098136 | XXXXX | XXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Title Evidence is Missing. | Reviewer Comment (2025-12-10): Received, Clearing. |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000098136 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient. Coverage is short $XXXX. | Reviewer Comment (2025-12-10): Received, Clearing. Seller Comment (2025-12-10): Comment from XXXX (XXXX): policy has guaranteed replacement coverage |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000098136 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing. | Reviewer Comment (2025-12-10): Received, Clearing. |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000098136 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | Employer Identification Number (EIN) is missing. | Reviewer Comment (2025-12-10): Received, Clearing. Seller Comment (2025-12-10): Comment from XXXX (XXXX): EIN |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000098136 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Corporate Resolution is missing. | Reviewer Comment (2025-12-10): Received, Clearing. Seller Comment (2025-12-10): Comment from XXXX (XXXX): LLC docs for multiple conditions |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000098136 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-10): Accepted as is. |
12/10/2025 | 2 | B | B | B | B | B | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||||||
| XXXXX | 4000095003 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | HUD/CD is missing. | Reviewer Comment (2025-12-16): Received, Clearing. Seller Comment (2025-12-15): Comment from XXXX (XXXX): FSS |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101247 | XXXXX | XXXXX | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Appraisal Report is missing. | Reviewer Comment (2025-12-19): Appraisal report provided.
Cleared. Seller Comment (2025-12-19): Comment from Purchasing Team (XXXX): APPRAISAL Reviewer Comment (2025-12-12): Need an interior appraisal to clear this exception Seller Comment (2025-12-12): Comment from Purchasing Team (XXXX): APPRAISAL ATTACHED |
12/19/2025 | 1 | D | A | D | A | D | A | D | A | D | A | TX | Primary | Purchase | D | B | D | A | A | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101247 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Missing Appraisal Report | Reviewer Comment (2025-12-19): Appraisal report provided.
Cleared. Reviewer Comment (2025-12-11): The appraisal provided is not for the subject property. Seller Comment (2025-12-11): Comment from Purchasing Team (XXXX): The condition was not clear that the appraisal was not received, please be clear in the conditions so I can update the appropriate items needed to have this loan clearaed. Reviewer Comment (2025-12-10): Appraisal was not provided with loan submission. Exception remains. Seller Comment (2025-12-10): Comment from Purchasing Team (XXXX): Please advise why this is necessary, the appraisal was inspected way after the hurricane and is in good condition. |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | A | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101247 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from insurer. Calculations are based on 80% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX. | Reviewer Comment (2026-01-06): RCE provided. Cleared. Seller Comment (2026-01-06): Comment from Purchasing Team (XXXX): RCE Reviewer Comment (2025-12-23): Using FNMA method, the estimated cost to replace is XXXX x XXXX% = XXXX - coverage of XXXX = shortage of XXXX. Please provide a letter from the Insurer stating the maximum insurable amount and/or a replacement costs estimator from the insurer. Exception remains. Buyer Comment (2025-12-23): Comment from Purchasing Team (XXXX): the policy reflects XXXX coverage on pg 1 and then on pg 2 and additional XXXX% increased replacement cost coverage on dwelling which would give us XXXX coverage for XXXX loan amount, please provide us with a breakdown of how this isn't sufficient coverage. Reviewer Comment (2025-12-10): The XXXXXXX insurance policy is not for the subject property, exception remains Seller Comment (2025-12-10): Comment from Purchasing Team (XXXX): there is two sepearte hoi policies - XXXXXXX and safepoint |
01/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | A | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101247 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | NEW EXCEPTION *** A valid UCDP score was not provided. A secondary valuation is required to support the primary value for securitization purposes | Reviewer Comment (2025-12-29): CDA provided. Cleared. Seller Comment (2025-12-29): Comment from Purchasing Team (XXXX): CDA Reviewer Comment (2025-12-22): CU score is more that XXXX as per UCDP submission summary report. Hence Secondary Valuation is required. Exception remains. Seller Comment (2025-12-22): Comment from Purchasing Team (XXXX): UCDP |
12/29/2025 | 1 | A | A | A | A | A | TX | Primary | Purchase | D | B | D | A | A | B | A | A | Non QM | Non QM | No | ||||||||||||||||
| XXXXX | 4000101247 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-01-06): Accepted as is per
client. |
01/06/2026 | 2 | B | B | B | B | B | TX | Primary | Purchase | D | B | D | A | A | B | A | A | Non QM | Non QM | No | ||||||||||||||||
| XXXXX | 4000102735 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Per guides, for Rent loss insurance for the subject property, blanket policy is permitted. | Reviewer Comment (2025-12-18): Received, Clearing. Seller Comment (2025-12-18): Comment from XXXX (XXXX): H06 |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102735 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Hazard Insurance Error: Subject hazard insurance premium is missing from evidence of insurance. | Borrower is not required to have HO-6. | Reviewer Comment (2025-12-18): Received, Clearing. Seller Comment (2025-12-18): Comment from XXXX (XXXX): H06 |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102735 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-18): Client exception
received. |
12/18/2025 | 2 | B | B | B | B | B | NY | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||||
| XXXXX | 4000100083 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance for the subject property is required and
must equal at least six (6) months of local average monthly rents |
Reviewer Comment (2025-12-15): Received, Clearing. Seller Comment (2025-12-14): Comment from XXXX (XXXX): rent loss insurance |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000105286 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2025-12-13): Received, Clearing. Seller Comment (2025-12-12): Comment from XXXX (XXXX): CDA |
12/13/2025 | 1 | D | A | D | A | D | A | D | A | D | A | TN | Investment | Purchase | D | A | A | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 4000100111 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-11): Clearing based on review
coming back within tolerances. Reviewer Comment (2025-12-10): Buyer ordered review. Nothing to do at this time. Seller Comment (2025-12-09): Comment from XXXX (XXXX): Hello Team, please see the attached SSR showing the score is XXXX and less than 2.5. Thank you |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000101665 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Ineligible property the subject is a log home. | Reviewer Comment (2026-01-07): Received, Clearing. Seller Comment (2026-01-06): Comment from XXXX (XXXX): updated appraisal |
01/07/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102231 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000103339 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-11): Clearing based on review
coming back within tolerances. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000105208 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Business Purpose Certificate is missing. | Reviewer Comment (2026-01-06): Received Business Purpose
Certificate. Exception Cleared. Seller Comment (2026-01-06): Comment from XXXX (XXXX): see attached Reviewer Comment (2025-12-15): Received Occupancy Certificate. Please provide Business Purpose Certificate. Exception remains. Seller Comment (2025-12-15): Comment from XXXX (XXXX): see attachd |
01/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000105208 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Cash-Out Utilization not provided | Cash-Out Utilization is missing. | Reviewer Comment (2026-01-06): Received Business Purpose
Certificate. Exception Cleared. Seller Comment (2026-01-06): Comment from XXXX (XXXX): see attached |
01/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000105208 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than 90 days prior to the note date. | - | Reviewer Comment (2025-12-17): Received Credit Report
dated XXXX. Exception cleared. Seller Comment (2025-12-17): Comment from XXXX (XXXX): updated Credit report |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103529 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-11): Clearing based on review
coming back within tolerances. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MO | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000103529 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Articles of Organization/Formation is missing, for XXXX - XXXX. | Reviewer Comment (2025-12-16): Received Articles of
Organization. Exception cleared. Seller Comment (2025-12-16): Comment from XXXX (XXXX): XXXX: Attached |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MO | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103529 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good Standing is missing, for XXXX - XXXX. | Reviewer Comment (2025-12-16): Received Certificate of
Good Standing. Exception cleared. Seller Comment (2025-12-16): Comment from XXXX (XXXX): XXXX: Attached |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MO | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103529 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | Employer Identification Number (EIN) is missing, for XXXX - XXXX. | Reviewer Comment (2025-12-16): Received Employer
Identification Number. Exception cleared. Seller Comment (2025-12-16): Comment from XXXX (XXXX): XXXX: Attached |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MO | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103121 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-10): Clearing based on review
coming back within tolerances. |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000098050 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Hazard Insurance document is missing for XXXX | Reviewer Comment (2025-12-16): Received, Clearing. Seller Comment (2025-12-16): Comment from XXXX (XXXX): HOI |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000098050 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000099864 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | TIL Higher Priced Mortgage Loan Safe Harbor Test | TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. | TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. | Reviewer Comment (2025-12-10): Accepted as is. |
12/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | RI | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000099864 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State Defect | Rhode Island Home Loan (Prohibited Acts and Practices Regarding High-Cost Home Loans Disclosure Not Provided) | Rhode Island Home Loan: Prohibited Acts and Practices Regarding High-Cost Home Loans disclosure not provided. | Rhode Island Home Loan: Prohibited Acts and Practices Regarding High-Cost Home Loans disclosure not provided. | Reviewer Comment (2025-12-10): Disclosures provided.
Cleared. Seller Comment (2025-12-10): Comment from XXXX (XXXX): 1 |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | RI | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000099864 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State Defect | Rhode Island Home Loan (High Cost Analysis Not In File) | Rhode Island Home Loan: Loan file did not contain record(s) documenting high-cost home loan analysis. | Rhode Island Home Loan: Loan file did not contain record(s) documenting high-cost home loan analysis. | Reviewer Comment (2025-12-10): Disclosures provided.
Cleared. |
12/10/2025 | 1 | A | A | A | A | A | A | A | A | A | A | RI | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000099864 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State Defect | Rhode Island Home Loan (Prohibited Acts and Practices Regarding Home Loans Disclosure Not Provided) | Rhode Island Home Loan: Prohibited Acts and Practices Regarding Home Loans disclosure not provided. | Rhode Island Home Loan: Prohibited Acts and Practices Regarding Home Loans disclosure not provided. | Reviewer Comment (2025-12-10): Disclosures provided.
Cleared. Seller Comment (2025-12-10): Comment from XXXX (XXXX): 2 |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | RI | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101297 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Insurance Policy Expiration Date is less than 30 days of the Note Date and does not have automatic renewal. | Reviewer Comment (2026-01-07): Received Updated Insurance
Policy. Exception cleared. Seller Comment (2026-01-06): Comment from XXXX (XXXX): XXXX: See attached updated policy from insurance agent |
01/07/2026 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000098892 | XXXXX | XXXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | HOEPA disclosure was not provided to the Borrower | Reviewer Comment (2025-12-15): Received, Clearing. Buyer Comment (2025-12-15): Comment from XXXX (XXXX): XXXX Disagree. Par rate XXXX - APOR XXXX =XXXX . Since the difference is less than 1 they are qualified to get 2% Bonafide discount. Reviewer Comment (2025-12-13): Based on a XXXX undisclosed interest rate and 0 par the discount fees are not bona fide. Seller Comment (2025-12-12): Comment from XXXX (XXXX): XXXX See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within XXXX% higher than APOR which allows for XXXX% bonafide discount to be applied. The Undiscounted Interest Rate Price is $XXXX. |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Rate/Term | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000098892 | XXXXX | XXXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Mortgage loan financed Points and Fees. | Reviewer Comment (2025-12-15): Received, Clearing. Buyer Comment (2025-12-15): Comment from XXXX (XXXX): XXXX Disagree. Par rate XXXX - APOR XXXX =XXXX . Since the difference is less than 1 they are qualified to get 2% Bonafide discount. Reviewer Comment (2025-12-13): Based on a XXXX undisclosed interest rate and 0 par the discount fees are not bona fide. Seller Comment (2025-12-12): Comment from XXXX (XXXX): XXXX See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within XXXX% higher than APOR which allows for XXXX% bonafide discount to be applied. The Undiscounted Interest Rate Price is $XXXX. |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Rate/Term | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000098892 | XXXXX | XXXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of XXXX% of the amount past due or grace period of less than 15 days. | Mortgage loan contains a late charge that exceeds the greater of XXXX% of the amount past due or grace period of less than 15 days. | Reviewer Comment (2025-12-15): Received, Clearing. Buyer Comment (2025-12-15): Comment from XXXX (XXXX): XXXX Disagree. Par rate XXXX - APOR XXXX =XXXX . Since the difference is less than 1 they are qualified to get 2% Bonafide discount. Reviewer Comment (2025-12-13): Based on a XXXX undisclosed interest rate and 0 par the discount fees are not bona fide. Seller Comment (2025-12-12): Comment from XXXX (XXXX): XXXX See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within XXXX% higher than APOR which allows for XXXX% bonafide discount to be applied. The Undiscounted Interest Rate Price is $XXXX. |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Rate/Term | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000098892 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of XXXX% is in excess of the allowable maximum of XXXX% of the Federal Total Loan Amount. Points and Fees of $XXXXon a Federal Total Loan Amount of $XXXXvs. an allowable total of $XXXX(an overage of $XXXXor .XXXX%). Non-Compliant High Cost Loan. | Points and Fees on subject loan of XXXX% is in excess of the allowable maximum of XXXX% of the Federal Total Loan Amount. Points and Fees of $XXXXon a Federal Total Loan Amount of $XXXXvs. an allowable total of $XXXX(an overage of $XXXXor .XXXX%). Non-Compliant High Cost Loan. | Reviewer Comment (2025-12-15): Received, Clearing. Buyer Comment (2025-12-15): Comment from XXXX (XXXX): XXXX Disagree. Par rate XXXX - APOR XXXX =XXXX . Since the difference is less than 1 they are qualified to get 2% Bonafide discount. Reviewer Comment (2025-12-13): Based on a XXXX undisclosed interest rate and 0 par the discount fees are not bona fide. Seller Comment (2025-12-12): Comment from XXXX (XXXX): XXXX See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within XXXX% higher than APOR which allows for XXXX% bonafide discount to be applied. The Undiscounted Interest Rate Price is $XXXX. |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Rate/Term | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000098892 | XXXXX | XXXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Borrower did not receive pre-loan counseling. | Reviewer Comment (2025-12-15): Received, Clearing. Buyer Comment (2025-12-15): Comment from XXXX (XXXX): XXXX Disagree. Par rate XXXX - APOR XXXX =XXXX . Since the difference is less than 1 they are qualified to get 2% Bonafide discount. Reviewer Comment (2025-12-13): Based on a XXXX undisclosed interest rate and 0 par the discount fees are not bona fide. Seller Comment (2025-12-12): Comment from XXXX (XXXX): XXXX See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within XXXX% higher than APOR which allows for XXXX% bonafide discount to be applied. The Undiscounted Interest Rate Price is $XXXX. |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Rate/Term | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000098892 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State Defect | (State High Cost Provision) Texas High-Cost Loan (Ability to Repay not Verified) | Texas High-Cost Loan: Borrower's ability to repay not verified with reliable documentation. | Reviewer Comment (2025-12-15): Received, Clearing. Buyer Comment (2025-12-15): Comment from XXXX (XXXX): XXXX Disagree. Par rate XXXX - APOR XXXX =XXXX . Since the difference is less than 1 they are qualified to get 2% Bonafide discount. Reviewer Comment (2025-12-13): Based on a XXXX undisclosed interest rate and 0 par the discount fees are not bona fide. Seller Comment (2025-12-12): Comment from XXXX (XXXX): XXXX See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within XXXX% higher than APOR which allows for XXXX% bonafide discount to be applied. The Undiscounted Interest Rate Price is $XXXX. |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Rate/Term | No obvious cure | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000098892 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State Defect | (State High Cost) Texas High-Cost Loan (Points and Fees) | Texas Anti-Predatory Lending Statute: Points and Fees on subject loan of XXXX% is in excess of the allowable maximum of XXXX% of the Total Loan Amount. Points and Fees total $XXXXon a Total Loan Amount of $XXXXvs. an allowable total of $XXXX(an overage of $XXXXor .XXXX%). Non-Compliant High Cost Loan. | Points and Fees on subject loan of XXXX% is in excess of the allowable maximum of XXXX% of the Total Loan Amount. Points and Fees total $von a Total Loan Amount of $XXXXvs. an allowable total of $XXXX(an overage of $XXXXor .XXXX%). Non-Compliant High Cost Loan. | Reviewer Comment (2025-12-15): Received, Clearing. Buyer Comment (2025-12-15): Comment from XXXX (XXXX): XXXX Disagree. Par rate XXXX - APOR XXXX =XXXX . Since the difference is less than 1 they are qualified to get 2% Bonafide discount. Reviewer Comment (2025-12-13): Based on a XXXX undisclosed interest rate and 0 par the discount fees are not bona fide. Seller Comment (2025-12-12): Comment from XXXX (XXXX): XXXX See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within XXXX% higher than APOR which allows for XXXX% bonafide discount to be applied. The Undiscounted Interest Rate Price is $XXXX. |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Rate/Term | No obvious cure | C | A | A | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000098892 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | No Cure provided | Reviewer Comment (2025-12-15): Sufficient cure provided.
Full cure amount for tolerance violation was provided at or before closing
(on final CD) resulting in a cleared exception. Seller Comment (2025-12-12): Comment from XXXX (XXXX): XXXX Please see the attached Final Closing Disclosure and Tolerance Cure breakdown which shows the borrower was provided a credit at closing for the increase in the Appraisal Fee. |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000098892 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State Defect | Compliant Texas 50(f)(2) loan without signed TX50(f)(2) Affidavit. Loan is reviewed as a TX50(f)(2) loan. | Texas Constitution Section 50(f-1) Affidavit Acknowledging Requirements of Subsection (f)(2) not in file, however, review of loan file indicates loan meets all conditions in 50(f)(2)(a) to (d). Loan is not reviewed as a TX50(a)(6) loan. | Reviewer Comment (2025-12-11): Accepted as is. |
12/11/2025 | 2 | A | A | A | A | A | TX | Primary | Refinance - Rate/Term | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||||||||||
| XXXXX | 4000098892 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-16): Sufficient Cure Provided At
Closing |
12/16/2025 | 1 | A | A | A | A | A | TX | Primary | Refinance - Rate/Term | Final CD evidences Cure | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||||||||
| XXXXX | 4000095938 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing. | Reviewer Comment (2025-12-17): Operating agreement not
required per state law. Seller Comment (2025-12-16): Comment from XXXX (XXXX): Operating agreement isnt required for XXXX. Please advise why this stip remains? I have two other Nwafor loans, same condition and the Operating agreement was cleared. Please advise thank you Reviewer Comment (2025-12-12): Operating Agreement is required as per guidelines. Exception remains Seller Comment (2025-12-12): Comment from XXXX (XXXX): NA |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101948 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Prelim - Coverage Amount is missing | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | B | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101948 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | B | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101948 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure PAD Fee | TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on XXXX disclosed a Pad fee that was not allocated to a specific cost or service performed. | Final Sellers Closing Disclosure provided disclosed a Pad fee that was not allocated to a specific cost or service performed. | Reviewer Comment (2025-12-18): XXXX received final
settlement statement for seller and LOE and confirm PAD fee was reimbursed to
seller. Seller Comment (2025-12-17): Comment from XXXX (XXXX): Hello, please see attached. Reviewer Comment (2025-12-16): Please provide final ALTA settlement statement and LOE stating where PAD fee was applied. Seller Comment (2025-12-15): Comment from XXXX (XXXX): Hello, please see attached. Reviewer Comment (2025-12-15): XXXX received Corrected CD. However, the issue relates to the Seller CD that reflected a PAD fee. Exception is cited due to Escrow Holdback paid by the seller on Section H. Unable to determine what the holdback is for or what charges it was applied to. If documented evidence is provided that holdback was for repair/construction costs or tax/insurance escrows ONLY (no holdback service fees or other estimated fees), then Estimated Closing Disclosure exception may be cleared. Seller Comment (2025-12-12): Comment from XXXX (XXXX): Hello, please see attached. |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Pad Refund Check if applicable, and Corrected CD | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000101948 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Post Close Closing Disclosure PAD Fee | TILA-RESPA Integrated Disclosure - Post Closing Disclosure: Post Close Closing Disclosure provided on XXXX disclosed a Pad fee in the Loan Costs section that was not allocated to a specific cost or service performed. | Seller CD reflected PAD fee. | Reviewer Comment (2025-12-22): XXXX received final
settlement statement for seller and PAD fee removed Seller Comment (2025-12-19): Comment from XXXX (XXXX): Hello, please see attached. |
12/22/2025 | 1 | A | A | A | A | A | CA | Primary | Purchase | Exception cannot be cured but can be cleared with updated PCCD or ALTA/Final Settlement statement itemizing what costs/charges PAD fee was allocated towards. | C | B | B | B | C | B | A | A | Non QM | Non QM | No | ||||||||||||||
| XXXXX | 4000097824 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | HUD/CD is not provided. | Reviewer Comment (2025-12-17): Received, Clearing. Seller Comment (2025-12-17): Comment from XXXX (XXXX): Closing - Final Approved HUD |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000097824 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Per 1003 borrower is living Rent Free. Please provide Rent Free Letter as required per guides. | Reviewer Comment (2026-01-09): Received Rent free letter.
Exception cleared. Seller Comment (2026-01-09): Comment from XXXX (XXXX): rent free living letter Reviewer Comment (2025-12-17): This is a guideline requirement. Please submit online via XXXX online seller portal for a formal review. Exception remains. (XXXX ) Seller Comment (2025-12-17): Comment from XXXX (XXXX): Rebuttal |
01/09/2026 | 1 | C | A | C | A | C | A | C | A | D | A | NJ | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102668 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-10): Accepted as is. |
12/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | UT | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000102521 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud report is missing for both borrowers. | Reviewer Comment (2025-12-11): Received, Clearing. Seller Comment (2025-12-11): Comment from XXXX (XXXX): Hello, Please see attached |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102521 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided | Reviewer Comment (2025-12-10): Accepted as is. |
12/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103114 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Document Preparation Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-10): Document preparation was
disclosed throughout all the Loan estimates and closing disclosures |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000103114 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-10): Accepted as is. |
12/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | B | B | C | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000102864 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-12): Cleared based on review
coming back within tolerances |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000102338 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-10): Accepted as is. |
12/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | D | B | B | B | D | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102338 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) | Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender. | Acknowledgment of the Fair Market Value not properly executed by the Lender. | Reviewer Comment (2025-12-17): Received, Clearing. Seller Comment (2025-12-17): Comment from XXXX (XXXX): FAIR MARKET |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | D | A | TX | Primary | Refinance - Cash-out - Other | To Remediate: the lender or holder may either: (1) Deliver to the borrower the required disclosure documents, (AFMV signed by the lender), and obtain an executed copy; OR (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. Letter of explanation and proof of delivery of cure documents required, and, if cured with refund or credit, copy of refund check or evidence of principal reduction also required. | D | B | B | B | D | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000102338 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. (0) | Reviewer Comment (2025-12-10): Sufficient Cure Provided At
Closing |
12/10/2025 | 1 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | D | B | B | B | D | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000102338 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Security Instrument did not disclose that loan is a Texas Home Equity Loan) | Texas Constitution Section 50(a)(6): Texas Cash-out Loan. Security instrument does not disclose that the loan is a TX Home Equity/50(a)(6) Loan. | loan is a TX Home Equity/50(a)(6) Loan | Reviewer Comment (2025-12-17): Received, Clearing. Seller Comment (2025-12-17): Comment from XXXX (XXXX): The verbiage is clearly stated at the top of the DOT. Please clear condition. |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. | D | B | B | B | D | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000102338 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) | Texas Constitution Section 50(a)(6): Acceptable FNMA title insurance endorsements not obtained for home equity loan. Although the loan file contains the T-42 Endorsement, there is no evidence the Title Policy includes the Texas T-42.1 endorsement. (The loan is a Texas Section 50 (a)(6) home equity loan.) | Reviewer Comment (2025-12-10): Accepted as is. |
12/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation | D | B | B | B | D | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100733 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-11): Clearing based on review
coming back within tolerances. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100733 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Assets for closing in the amount of $XXXX is less than cash from borrower of $XXXX. | Reviewer Comment (2025-12-17): Received, Clearing. Seller Comment (2025-12-16): Comment from XXXX (XXXX): XXXX: Please see attached CD that shows the refinance from the borrowers REO XXXX has the funds in the amount of XXXX listed as the EMD but those are cash proceeds from the refinance. |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000098009 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-12): Cleared based on review
coming back within tolerances |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VT | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101868 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-12-10): Accepted as is. |
12/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | PA | Investment | Refinance - Limited Cash-out GSE | B | B | A | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000103772 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX. | Reviewer Comment (2025-12-10): Reserves hold evidence on
the HUD Reviewer Comment (2025-12-10): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX. Seller Comment (2025-12-10): Comment from XXXX (XXXX): Reserves are calculated by the current actual PITIA of the PITI. PITI is XXXX , 3 month reserve is XXXX . Cash to close on HUD-1 line 303 is XXXX total already includes the 3 months reserves of XXXX listed on line 810 pg 2 of the HUD. XXXX account (see attached) has an available balance of XXXX. |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000104814 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | The file was missing a copy of HUD/CD | Reviewer Comment (2025-12-11): Received, Clearing. Seller Comment (2025-12-10): Comment from XXXX (XXXX): dscr - no cd/ final settlement statement was provided in shipped package - attached |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100783 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Subject is Rural. Max LTV XXXX%, per guides. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-12): Client elected to
waive/regrade with compensating factors. Lender exception provided. Seller Comment (2025-12-12): Comment from XXXX (XXXX): EXCEPTION |
12/12/2025 | 2 | C | B | C | B | C | B | C | B | C | B | PA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000100783 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Subject is Rural. Max LTV XXXX%, per guides. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-12): Client elected to
waive/regrade with compensating factors. Lender exception provided. Seller Comment (2025-12-12): Comment from XXXX (XXXX): EXCEPTION |
12/12/2025 | 2 | C | B | C | B | C | B | C | B | C | B | PA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000100783 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-15): XXXX received a valid
COC. Seller Comment (2025-12-12): Comment from XXXX (XXXX): CIC CD |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100783 | XXXXX | XXXXX | Credit | Property - Appraisal | Property Eligibility - Subject and Improvements | Property - Appraisal | Guideline Issue: Property type not allowed per credit guidelines | Agricultural zoned properties ineligible per guides. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-12): Client elected to
waive/regrade with compensating factors. Lender exception provided. Seller Comment (2025-12-12): Comment from XXXX (XXXX): EXCEPTION |
12/12/2025 | 2 | C | B | C | B | C | B | C | B | C | B | PA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000103293 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Tax and Insurance verification is missing. | Reviewer Comment (2025-12-12): Cleared tax verification,
subject free and clear no ins Seller Comment (2025-12-12): Comment from XXXX (XXXX): Hello Team, please see the Property Profile showing the property tax and the property is free and clear so no EOI required. Thank you |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103293 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Preliminary Title Report does not list coverage amount. | Reviewer Comment (2025-12-10): Accepted as is. |
12/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000104812 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | The hazard insurance coverage amount is insufficient, however, the Replacement cost estimator is not provided in the file. | Reviewer Comment (2025-12-11): Received, Clearing. Buyer Comment (2025-12-11): Comment from XXXX (XXXX): XXXX does not specify what is needed and Fannie does not disallow a processor's cert and we the source we used was the property insurer. Determining the Required Coverage Amount The lender or servicer must verify that the property insurance coverage amount for a first mortgage secured by a one- to four-unit property is at least equal to the lesser of: • 100% of the replacement cost value of the improvements as of the current property insurance policy effective date, or • the unpaid principal balance of the loan, provided it equals no less than 80% of the replacement cost value of the improvements as of the current property insurance policy effective date. The source that the lender or servicer uses to verify the coverage amount may be the property insurer, an independent insurance risk specialist, or other professional with appropriate resources to make such a determination. This may include, but is not limited to, a statement from the insurer or other applicable professional, a replacement cost estimator, or an insurance risk appraisal. Reviewer Comment (2025-12-10): Processor's certification states that the dwelling coverage amount meets or exceeds the replacement cost value. However, Replacement Cost Estimator is not provided. Please provide Replacement Cost Estimator or provide updated Hazard Insurance Policy with sufficient coverage amount. Exception remains. Seller Comment (2025-12-10): Comment from XXXX (XXXX): the processors cert was included in the file - see attached |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000104812 | XXXXX | XXXXX | Credit | Guideline | Guideline Issue | Guideline | Short Term Rental property consistently used as a seasonal or vacation rental (i.e., AirBnB) and evidence of at least 12 months of Operating History is not present in the loan file. | Reviewer Comment (2025-12-10): Received 12 months
Operating History. Exception cleared. Seller Comment (2025-12-10): Comment from XXXX (XXXX): this was provided in the package |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102171 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-11): Clearing based on review
coming back within tolerances. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102171 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | The guarantor agreement is missing. | Reviewer Comment (2025-12-15): Received Guarantor
Agreement. Exception cleared. Seller Comment (2025-12-15): Comment from XXXX (XXXX): Guaranty Agreement |
12/15/2025 | 1 | D | A | D | A | D | A | D | A | D | A | MD | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000097328 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | Misc. State Level | Colorado Consumer Credit Code (First Lien Refinance Notice Not Provided) | XXXX Consumer Credit Code: Borrower not provided First Lien Refinance Notice. | Borrower not provided First Lien Refinance Notice. | Reviewer Comment (2025-12-10): Accepted as is. |
12/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CO | Second Home | Refinance - Limited Cash-out GSE | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000096833 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy amount is $XXXX and the loan amount is $XXXX | Reviewer Comment (2025-12-10): Accepted as is. |
12/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CT | Investment | Refinance - Rate/Term | D | B | D | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000096833 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing. | Reviewer Comment (2025-12-17): Operating agreement not
required per state law. Reviewer Comment (2025-12-16): Guidelines require Operating Agreement or equivalent. If not being provided an exception from the buyer would be required. Seller Comment (2025-12-16): Comment from XXXX (XXXX): Connecticut doesnt require Reviewer Comment (2025-12-12): Operating Agreement is required as per guidelines. Exception remains. Seller Comment (2025-12-12): Comment from XXXX (XXXX): per doc not required |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Rate/Term | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000096833 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Reviewer Comment (2025-12-10): Received Guarantee
Agreement. Exception cleared. Seller Comment (2025-12-10): Comment from XXXX (XXXX): guarantor agreement |
12/10/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CT | Investment | Refinance - Rate/Term | D | B | D | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101566 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-10): Accepted as is. |
12/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | SC | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100338 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2025-12-10): Accepted as is. |
12/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000096915 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Corporate Resolution is missing. | Reviewer Comment (2025-12-16): Clearing as operating
agreement received. Seller Comment (2025-12-16): Comment from XXXX (XXXX): XXXX does not require an LLC to have a corporate resolution Reviewer Comment (2025-12-12): Corporate Resolution not received. Exception remains. Seller Comment (2025-12-12): Comment from XXXX (XXXX): BUSINESS |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000096915 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing. | Reviewer Comment (2025-12-15): Operating agreement not
required per state law Buyer Comment (2025-12-15): Comment from XXXX (XXXX): Are you able to escalate this? I added this same document to the other XXXX loans as this borrower has several and it was cleared as per the document I was provided its not required? please advise Reviewer Comment (2025-12-12): Operating Agreement is required as per guidelines. Exception remains Seller Comment (2025-12-12): Comment from XXXX (XXXX): not req |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000096915 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Guarantor's Agreement is missing. | Reviewer Comment (2025-12-12): Received Guarantor
Agreement. Exception cleared. Seller Comment (2025-12-12): Comment from XXXX (XXXX): GUARANTOR |
12/12/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CT | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101579 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-12): Cleared based on review
coming back within tolerances |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101787 | XXXXX | XXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ | The Hazard Insurance Policy Effective Date is after the later of the note or transaction date. | Borrowers made a down payment from their own funds on this
purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC |
Reviewer Comment (2025-12-23): LOE of no claims or damage
received. Seller Comment (2025-12-23): Comment from XXXX (XXXX): please see email from agent stating no claims from (XXXX)-(XXXX). Thank you. Reviewer Comment (2025-12-23): Please provide an attestation from the agent that no insurance claims were made between the effective date and the note date. Seller Comment (2025-12-23): Comment from XXXX (XXXX): We are asking for an exception as we are having a difficult time to get the agent to update this. While the loan closed (XXXX), it only disbursed (XXXX)which is when the policy became effective. Please see attached proof of disbursement date. Thank you. |
12/23/2025 | 2 | C | B | C | B | C | B | C | B | C | B | OH | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000102054 | XXXXX | XXXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | Reviewer Comment (2025-12-23): Received, cleared Seller Comment (2025-12-23): Comment from XXXX (XXXX): econsent |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Limited Cash-out GSE | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000100504 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-12): Cleared based on review
coming back within tolerances |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000104111 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-12): Cleared based on review
coming back within tolerances |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000104111 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower | Reviewer Comment (2025-12-23): Sufficient cure provided.
Full cure amount for tolerance violation was provided at or before closing
(on final CD) resulting in a cleared exception. Seller Comment (2025-12-22): Comment from XXXX (XXXX): Final CD already shows cure for this |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000104111 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-23): XXXX received LOX for
survey. Seller Comment (2025-12-22): Comment from XXXX (XXXX): COC & LOX |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000104111 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-23): Sufficient Cure Provided At
Closing |
12/23/2025 | 1 | A | A | A | A | A | TX | Primary | Purchase | Final CD evidences Cure | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||||||||
| XXXXX | 4000104754 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | CDFI Bank Originated Loan submitted as Non Exempt | Reviewer Comment (2025-12-10): Accepted as is. |
12/10/2025 | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000104754 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Missing evidence of receipt of gift funds in the amount of $XXXX | Reviewer Comment (2025-12-11): Wire confirmation received,
exception cleared Seller Comment (2025-12-11): Comment from XXXX (XXXX): Please see wire info |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000096826 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing. | Reviewer Comment (2025-12-17): Operating agreement not
required per state law. Reviewer Comment (2025-12-12): Operating Agreement is required as per guidelines. Exception remains. Seller Comment (2025-12-12): Comment from XXXX (XXXX): not required |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000104757 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-12-10): Accepted as is. |
12/10/2025 | 2 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000100955 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-11): Accepted as is |
12/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MI | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102335 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | XXXX: REO Documents are marked missing HOA & Insurance verification | Reviewer Comment (2025-12-17): Received, Clearing. Seller Comment (2025-12-17): Comment from XXXX (XXXX): Reo Docs |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | RI | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000102116 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-31): Sufficient cure provided.
Full cure amount for tolerance violation was provided at or before closing
(on final CD) resulting in a cleared exception. Seller Comment (2025-12-30): Comment from XXXX (XXXX): (XXXX)is cured on the final CD for the appraisal. |
12/31/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MN | Second Home | Refinance - Limited Cash-out GSE | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000102116 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-01-08): XXXX received PCCD, LOE,
proof of mailing & copy of refund check. Seller Comment (2026-01-07): Comment from XXXX (XXXX): PCCD with evidence that the borrower received the refund. Reviewer Comment (2026-01-05): XXXX received COC dated (XXXX) for increase in loan amount and the CD in file dated (XXXX) which shows the increase in loan amount but, the transfer taxes were not increased on the CD dated (XXXX)instead the fee was increased on final CD dated (XXXX)which is 6th day from the date of change in loan amount. Since the TRID timing is not satisfied for not disclosing the fee within required 3 business days from the date of change cure would be required. Please provide cure. Cure requirements include LOE, corrected CD, proof of mailing and copy of refund check. Seller Comment (2026-01-02): Comment from XXXX (XXXX): TRANSFER TAX COC Reviewer Comment (2025-12-31): XXXX received COC dated (XXXX).However, the transfer tax increased from (XXXX) on CD dated (XXXX) to (XXXX) on Final CD. Kindly provide a valid reason as to why the transfer tax increase on CD dated (XXXX)or cure due to borrower. Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing. Seller Comment (2025-12-30): Comment from XXXX (XXXX): We did a COC for a loan amount increase on XXXX - transfer taxes are tied to the loan amount Reviewer Comment (2025-12-18): XXXX received COC dated(XXXX). However, the transfer taxes were increased on Final CD dated (XXXX) and file does not contain valid COC for the fee was increased. A valid COC for the fee increased or Cure is required to borrower. Seller Comment (2025-12-16): Comment from XXXX (XXXX): COCs for review |
01/08/2026 | 2 | C | B | C | B | C | B | C | B | C | B | MN | Second Home | Refinance - Limited Cash-out GSE | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000102116 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | Misc. State Level | Minnesota Tangible Net Benefit Disclosure | XXXX Residential Mortgage Originator and Servicer Licensing Act: Tangible Net Benefit Disclosure not provided to the Borrower. | Tangible Net Benefit Disclosure is missing. | Reviewer Comment (2025-12-11): Accepted as is |
12/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MN | Second Home | Refinance - Limited Cash-out GSE | C | B | A | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000102116 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-11): Accepted as is. |
12/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MN | Second Home | Refinance - Limited Cash-out GSE | C | B | A | A | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000105143 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-11): Accepted as is. |
12/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000105143 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date of XXXX. | Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date of XXXX. | Reviewer Comment (2025-12-12): PCCD provided. Cleared. Seller Comment (2025-12-12): Comment from XXXX (XXXX): Hello Team, please see attached the Post Consummation CD and Final Settlement Statement showing the fund date is (XXXX). Thank you |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000105143 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-17): Client elects to waive with
compensating factors |
12/17/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000105143 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2025-12-17): Client elects to waive
reserve requirements |
12/17/2025 | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000105143 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR risk due to insufficient reserves | Reviewer Comment (2025-12-17): Client elects to waive
reserve requirements |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103318 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2025-12-12): UCDP with acceptable score,
exception cleared Seller Comment (2025-12-12): Comment from XXXX (XXXX): Please see attached SSR |
12/12/2025 | 1 | D | A | D | A | D | A | D | A | D | A | GA | Investment | Purchase | D | A | A | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 4000101950 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-15): Clearing based on review
coming back within tolerances. |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CO | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101267 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Approval not provided | Reviewer Comment (2025-12-12): Received Loan Underwriting
and Transmittal Summary (1008) / MCAW. Exception cleared. Seller Comment (2025-12-12): Comment from XXXX (XXXX): Please see attached. |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | N/A | No | |||||||||||
| XXXXX | 4000101267 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | WVOE with Income or W2 and paystubs to verify income are missing in file. | Reviewer Comment (2025-12-12): Cleared with WVOE Seller Comment (2025-12-12): Comment from XXXX (XXXX): Please see attached WVOE |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | N/A | No | ||||||||||
| XXXXX | 4000100912 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | PDI ordered XXXX | Reviewer Comment (2025-12-16): Received, Clearing. |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AR | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | B | B | N/A | No | ||||||||||||
| XXXXX | 4000100912 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-11): Accepted as is. |
12/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | AR | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | B | B | N/A | No | ||||||||||||
| XXXXX | 4000100912 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-12-11): Accepted as is. |
12/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | AR | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | B | B | N/A | No | ||||||||||||
| XXXXX | 4000100912 | XXXXX | XXXXX | Property | Valuation | General | Valuation | Valuation Product pending | XXXX / Post Disaster Inspection + XXXX - 5 Days | Reviewer Comment (2025-12-16): Received, Clearing. Reviewer Comment (2025-12-16): Valuation Received - (XXXX) |
12/16/2025 | 1 | A | A | A | A | A | AR | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | B | B | N/A | No | |||||||||||||||||
| XXXXX | 4000101246 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXXexceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No Cure Provided | Reviewer Comment (2025-12-22): XXXX received additional
information on valid changed circumstance. Reviewer Comment (2025-12-22): XXXX received LOX for rebuttal response. However, it does not give sufficient information on what impacts and why the additional title fees (Lender's Title fee (XXXX), Endorsement fee (XXXX), Tax cert fee (XXXX), Policy guaranty fee (XXXX)and Deed preparation fee of(XXXX)) are added on revised LE dated This is causing the fees are exceeds over XXXX))tolerance. Provide valid COC with supporting documentation of timeline for the fee was added or Cure is required to borrower. Seller Comment (2025-12-18): Comment from XXXX (XXXX): Please review the LOE attached |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000101570 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Reviewer Comment (2025-12-29): Fraud Report received and
all red flags addressed. Exception cleared. Seller Comment (2025-12-29): Comment from (XXXX) (XXXX): fraud |
12/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101570 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-15): Clearing based on review
coming back within tolerances. |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000103993 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-12-11): Accepted as is. |
12/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | HI | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102433 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Hazard Insurance Error: Subject hazard insurance premium is missing from evidence of insurance. | Reviewer Comment (2025-12-29): After further review,
exception has been cleared. Seller Comment (2025-12-29): Comment from XXXX (XXXX): Please see the coverage section on the 2nd page of the master that states fixtures, improvements and alterations are included. Reviewer Comment (2025-12-17): The subject property's hazard insurance premium is not reflected in the evidence of insurance. Since wall-in coverage is not included in the master policy, please provide an HO-6 policy. Exception remains. Buyer Comment (2025-12-17): Comment from XXXX (XXXX): This is a Condo with a Master Policy. There would be no premium on it. |
12/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Limited Cash-out GSE | C | A | C | A | A | A | A | A | N/A | No | |||||||||||||
| XXXXX | 4000101260 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Verification of business existence and that the business is fully operational / active required within ten (10) calendar days of closing is missing for Partnership XXXX | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-09): Client elects to waive with
compensating factors Seller Comment (2026-01-09): Comment from XXXX (XXXX): Exception for post not vvoe. Please clear Reviewer Comment (2025-12-18): Verification within ten (10) calendar days of prior of closing is required as ATR for NonQM requires income documents to be prior to consummation which is the note signing. Seller Comment (2025-12-18): Comment from XXXX (XXXX): Closing VVOE XXXXX XXXXXXXX XXX Reviewer Comment (2025-12-18): The income comes from a K1 in which the borrower is a partner. Verification within ten (10) calendar days of prior of closing is required. Seller Comment (2025-12-17): Comment from XXXX (XXXX): Rebuttal For XXXX with XXXX |
01/09/2026 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Second Home | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000101260 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Verification of business existence and that the business is fully operational / active required within ten (10) calendar days of closing is missing for Partnership XXXX | Reviewer Comment (2026-01-09): Client elects to waive 10
day VVOE. Designation now NonQM Buyer Comment (2026-01-09): Comment from XXXX (XXXX): See upload Reviewer Comment (2025-12-18): Verification within ten (10) calendar days of prior of closing is required as ATR for NonQM requires income documents to be prior to consummation which is the note signing. Buyer Comment (2025-12-18): Comment from XXXX (XXXX): See upload Reviewer Comment (2025-12-18): The income comes from a K1 in which the borrower is a partner. Verification within ten (10) calendar days of prior of closing is required. Buyer Comment (2025-12-17): Comment from XXXX (XXXX): See Upload |
01/09/2026 | 1 | B | A | C | A | B | A | C | A | B | A | CA | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000101260 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Verification of business existence and that the business is fully operational / active required within ten (10) calendar days of closing is missing for XXXX | Reviewer Comment (2026-01-09): Client elects to waive 10
day VVOE. Designation now NonQM Reviewer Comment (2025-12-18): Verification within ten (10) calendar days of prior of closing is required as ATR for NonQM requires income documents to be prior to consummation which is the note signing. Buyer Comment (2025-12-18): Comment from XXXX (XXXX): See upload Reviewer Comment (2025-12-18): The income comes from a K1 in which the borrower is a partner. Verification within ten (10) calendar days of prior of closing is required. Buyer Comment (2025-12-17): Comment from XXXX (XXXX): See Upload |
01/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101260 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2025-12-11): Accepted as is. |
12/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Second Home | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101198 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary Title policy does not list coverage amount. | Reviewer Comment (2025-12-12): Client elects to waive |
12/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102920 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-15): Clearing based on review
coming back within tolerances. |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100334 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-11): Accepted as is. |
12/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | PA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101700 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-17): Received document
confirming the delivery of appraisal report. Exception cleared. Seller Comment (2025-12-17): Comment from XXXX (XXXX): Initial appraisal was delivered to the borrower on(XXXX). There was a corrected appraisal that should have been sent by the XXXX on (XXXX). The revision was updating the location of the property from "rural" to "suburban". There was no change in value. This corrected appraisal has now been sent to the borrower. Reviewer Comment (2025-12-16): Please provide a copy of the earlier provided appraisal. Seller Comment (2025-12-16): Comment from XXXX (XXXX): appraisal delivery |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | A | A | C | B | D | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101700 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | TIL HPML Appraisal Not Obtained Prior to Closing Test | TILA HPML Appraisal Rule (Dodd-Frank 2014): Appraisal not obtained prior to consummation. | Reviewer Comment (2025-12-23): Received, Clearing. Seller Comment (2025-12-22): Comment from XXXX (XXXX): please find the initial appraisal. Reviewer Comment (2025-12-16): Please provide a copy of the earlier provided appraisal. Seller Comment (2025-12-16): Comment from XXXX (XXXX): appraisal delivery verification |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | A | A | C | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101700 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. | HPML requirements not met. Subject address and lender on appraisal are incorrect. | Reviewer Comment (2025-12-23): Received, Clearing. |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | A | A | C | B | D | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101700 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-12): Client elects to waive |
12/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | D | B | A | A | C | B | D | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101700 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2025-12-16): Received, Clearing. Seller Comment (2025-12-16): Comment from XXXX (XXXX): UCDP score 1, no need for secondary valuation |
12/16/2025 | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Purchase | D | B | A | A | C | B | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000101700 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | FL | Primary | Purchase | D | B | A | A | C | B | D | A | Non QM | Non QM | No | ||||||||||||||||
| XXXXX | 4000101621 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation | Reviewer Comment (2025-12-12): Client elects to waive |
12/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000102464 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-12): Client elects to waive |
12/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Rate/Term | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102464 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Closing Disclosure not provided to Borrower at least three (3) business days prior to closing. | Reviewer Comment (2025-12-17): XXXX received Initial CD
and proof of receipt. Seller Comment (2025-12-16): Comment from XXXX (XXXX): Initial CD |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Rate/Term | No Defined Cure | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000103803 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-11): Accepted as is. |
12/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000105265 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-15): Clearing based on review
coming back within tolerances. |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MO | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000105265 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing | Reviewer Comment (2025-12-11): Received Operating
Agreement. Exception cleared. Seller Comment (2025-12-11): Comment from XXXX (XXXX): Please see uploaded Operating Agreement. |
12/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MO | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103336 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-15): Clearing based on review
coming back within tolerances. |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102436 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Reviewer Comment (2025-12-12): Client elects to waive |
12/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102436 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-12): Client elects to waive |
12/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000102308 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/XXXX) | Reviewer Comment (2025-12-12): Client elects to waive |
12/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100602 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Using the coverage listed on the insurance policy provided of $XXXX, the coverage is insufficient by $XXXX. | Reviewer Comment (2025-12-15): Received Replacement Cost
Estimator. Exception cleared. Seller Comment (2025-12-15): Comment from XXXX (XXXX): Clarification |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102013 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing copy of Insurance Verification. | Reviewer Comment (2025-12-15): Property History report
confirms that the (XXXX) property is a vacant land. Hence Insurance verification is not
required. Exception cleared. Buyer Comment (2025-12-15): Comment from XXXX (XXXX): This is a lot of land there is no HOI |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000098570 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | The exception is set due to missing the appraisal for the subject property | Reviewer Comment (2025-12-22): Appraisal received.
Exception cleared. Buyer Comment (2025-12-19): Comment from XXXX (XXXX): Please waive. From 2003 and appraisal provided. |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Refinance - Limited Cash-out GSE | D | B | D | A | B | B | D | A | N/A | No | ||||||||||||
| XXXXX | 4000098570 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing. Sec ID: 1 | Reviewer Comment (2025-12-22): Appraisal received.
Exception cleared. Buyer Comment (2025-12-19): Comment from XXXX (XXXX): See upload |
12/22/2025 | 1 | D | A | D | A | D | A | D | A | D | A | VA | Investment | Refinance - Limited Cash-out GSE | D | B | D | A | B | B | D | A | N/A | No | |||||||||||||
| XXXXX | 4000098570 | XXXXX | XXXXX | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Appraisal is missing. | Reviewer Comment (2025-12-22): Appraisal received.
Exception cleared. Seller Comment (2025-12-19): Comment from XXXX (XXXX): Updated Appraisal |
12/22/2025 | 1 | D | A | D | A | D | A | D | A | D | A | VA | Investment | Refinance - Limited Cash-out GSE | D | B | D | A | B | B | D | A | N/A | No | ||||||||||||
| XXXXX | 4000098570 | XXXXX | XXXXX | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 | Reviewer Comment (2025-12-12): Client elects to waive |
12/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | VA | Investment | Refinance - Limited Cash-out GSE | D | B | D | A | B | B | D | A | N/A | No | |||||||||||||
| XXXXX | 4000098570 | XXXXX | XXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Reviewer Comment (2025-12-19): Received, Clearing. Seller Comment (2025-12-19): Comment from XXXX (XXXX): Rebuttal |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Refinance - Limited Cash-out GSE | D | B | D | A | B | B | D | A | N/A | No | |||||||||||||
| XXXXX | 4000098570 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Missing the 2023 K-1 for XXXX | Reviewer Comment (2025-12-22): As per DU, only one year
tax returns is required. Hence received 2024 K-1. Exception cleared. Seller Comment (2025-12-19): Comment from XXXX (XXXX): See rebuttal and waive please. |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Refinance - Limited Cash-out GSE | D | B | D | A | B | B | D | A | N/A | No | |||||||||||
| XXXXX | 4000098570 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-22): Accepted as is. |
12/22/2025 | 2 | B | B | B | B | B | VA | Investment | Refinance - Limited Cash-out GSE | D | B | D | A | B | B | D | A | N/A | No | |||||||||||||||||
| XXXXX | 4000101836 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Post Close Closing Disclosure Timing Regular Transactions | TILA-RESPA Integrated Disclosure - Three-Day Waiting Period Timing Violation. Post Closing Disclosure reflects a change in APR, loan product, or addition of prepayment penalty which would have triggered an additional 3-day waiting period had it been correctly disclosed on the Final Closing Disclosure. | Reviewer Comment (2025-12-15): XXXX received (XXXX) CD and
valid changed circumstance. Seller Comment (2025-12-12): Comment from XXXX (XXXX): initial and COC CD |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101836 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Need the HOA for this property | Reviewer Comment (2025-12-17): Received HOA Document.
Exception cleared. Seller Comment (2025-12-17): Comment from XXXX (XXXX): HOA |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000104140 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-11): Accepted as is. |
12/11/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WA | Investment | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXX | 4000100650 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Lease Agreement is missing. | Reviewer Comment (2025-12-22): Clearing based on month to
month. Seller Comment (2025-12-19): Comment from XXXX (XXXX): UW LOE |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101851 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-12): Client elects to waive |
12/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | VA | Primary | Refinance - Rate/Term | D | B | A | A | B | B | D | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101851 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | Misc. State Level | Virginia Tangible Net Benefit Test | XXXX Mortgage Lender and Broker Act: Unable to determine if mortgage loan was refinanced within the past twelve (12) months without a tangible net benefit to the borrower due to missing prior loan information. | Unable to determine if mortgage loan was refinanced within the past twelve (12) months without a tangible net benefit to the borrower due to missing prior loan information. | Reviewer Comment (2025-12-12): Client elects to waive |
12/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | VA | Primary | Refinance - Rate/Term | D | B | A | A | B | B | D | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101851 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2025-12-15): UCDP with acceptable risk
score received, exception cleared Seller Comment (2025-12-15): Comment from XXXX (XXXX): Please see attached SSR |
12/15/2025 | 1 | D | A | D | A | D | A | D | A | D | A | VA | Primary | Refinance - Rate/Term | D | B | A | A | B | B | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000102350 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-16): Clearing based on review
coming back within tolerances. |
12/16/2025 | 1 | A | A | A | A | A | PA | Investment | Purchase | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXX | 4000103621 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Preliminary Title Policy does not list coverage amount. | Reviewer Comment (2025-12-12): Client elects to waive |
12/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | C | B | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000103621 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-12): Client elects to waive |
12/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | C | B | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000103621 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than 90 days prior to the note date. | - | Credit report is good for 90 days. The credit report on file is dated 91 days from the note date | Reviewer Comment (2025-12-22): Exception is approved as
per the Lender Exception Form. Hence, exception cleared. Seller Comment (2025-12-19): Comment from XXXX (XXXX): See attached Reviewer Comment (2025-12-13): Note was signed (XXXX) so (XXXX) Seller Comment (2025-12-13): Comment from XXXX (XXXX): See attached |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000101270 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance for the subject property is required and
must equal at least six (6) months of local average monthly rents |
Reviewer Comment (2025-12-22): Received, Clearing. Seller Comment (2025-12-22): Comment from XXXX (XXXX): Please see attached. |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101270 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-15): Clearing based on review
coming back within tolerances. |
12/15/2025 | 1 | A | A | A | A | A | OH | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXX | 4000100365 | XXXXX | XXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Title Policy is missing. | Reviewer Comment (2026-01-05): Received Title Evidence.
Exception cleared. Seller Comment (2026-01-05): Comment from XXXX (XXXX): attached |
01/05/2026 | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000100365 | XXXXX | XXXXX | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | 1004 Valuation in file list City name as XXXX. The Note lists City name as XXXX. | Reviewer Comment (2026-01-08): Received, Clearing. Seller Comment (2026-01-08): Comment from XXXX (XXXX): attached |
01/08/2026 | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000100365 | XXXXX | XXXXX | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | The Desk Review Appraisal list City name as XXXX. The Note list City name as XXXX. | Reviewer Comment (2026-01-08): Received, Clearing. Seller Comment (2026-01-08): Comment from XXXX (XXXX): attached |
01/08/2026 | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000100702 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2025-12-12): Client elects to waive |
12/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | C | B | C | A | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000100702 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | 2 Year P&L provided averaged over 12 months. | Reviewer Comment (2025-12-17): Including the additional
rental income, DTI within limits Reviewer Comment (2025-12-17): EXCEPTION HISTORY - Exception Explanation was updated on (XXXX) PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of (XXXX)exceeds Guideline total debt ratio of(XXXX) Reviewer Comment (2025-12-17): EXCEPTION HISTORY - Exception Explanation was updated on (XXXX) PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of(XXXX) exceeds Guideline total debt ratio of (XXXX) Seller Comment (2025-12-17): Comment from XXXX (XXXX): Hello Team, Please see attached the updated 1008, 1003 and lease agreement for (XXXX). We uses the REO's rental income and the DTI is below (XXXX) Please help to review. Thank you |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | B | C | A | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000103446 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. | Reviewer Comment (2025-12-15): Accepted as is. |
12/15/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | B | B | C | A | N/A | No | ||||||||||||||
| XXXXX | 4000103446 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | - | Appraisal was made subject to and XXXX images was not provided. | Reviewer Comment (2026-01-07): Received 442 - Certificate
of Completion. Exception cleared. Seller Comment (2026-01-07): Comment from XXXX (XXXX): Final Inspection |
01/07/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | B | B | C | A | N/A | No | |||||||||||||
| XXXXX | 4000104558 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Re-Underwriting Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided. | Reviewer Comment (2025-12-30): XXXX received valid COC
document Buyer Comment (2025-12-29): Comment from XXXX (XXXX): Loan was originally submitted as standard cvl-not locked-and was switched to NQM on the date of lock Reviewer Comment (2025-12-16): XXXX received Changed Circumstances dated (XXXX)which state Program changed. Changed circumstance is missing additional information and file documentation to confirm if a valid changed circumstance. Changing programs are not considered valid changed circumstances in and of themselves, however, a change in fees due to the selection of a new program based on ineligibility for prior loan programs or terms may be valid changed circumstances. If it can be demonstrated the change in program resulted from borrower ineligibility the Investor Review was now required, the COC would be valid. Please provide additional information to support the program change now adds the fees due to prior program ineligibility or Cure is required to borrower. If there was an additional reason the fee was added we will need the additional information otherwise a corrected CD, LOE, refund check, and proof of mailing is needed to cure. Seller Comment (2025-12-15): Comment from XXXX (XXXX): Change of Circumstances and Fee Variance WS |
12/30/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100466 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Reviewer Comment (2025-12-18): Received Fraud Report.
Exception cleared. Seller Comment (2025-12-18): Comment from XXXX (XXXX): fraud report |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100466 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception conditionally approved for use of higher Lease income vs. Market Rents. 1 month's deposit and 1 months' rent payment required to clear. | Reviewer Comment (2025-12-17): Rent deposit and first
months proof received totaling (XXXX) exception cleared Seller Comment (2025-12-17): Comment from XXXX (XXXX): 1st month rent and deposit |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000098084 | XXXXX | XXXXX | Property | Valuation | Valuation Issue | Valuation | The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal | Desk Review Appraisal p.593 in file has a CDA Effective date of XXXX. The Report date is XXXX. | Reviewer Comment (2025-12-29): Effective date of the CDA
matches the updated effective date Buyer Comment (2025-12-29): Comment from XXXX (XXXX): Page 15 is the appraisal that goes with the CDA |
12/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Refinance - Limited Cash-out GSE | C | A | A | A | A | A | C | A | N/A | No | ||||||||||||
| XXXXX | 4000100867 | XXXXX | XXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date is after the later of the note or transaction date. | Reviewer Comment (2025-12-13): Received, Clearing. Seller Comment (2025-12-12): Comment from XXXX (XXXX): Updated HOI |
12/13/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000101114 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Missing verification of receipt of gift funds. | Reviewer Comment (2025-12-19): Gift letter and wire of
gift is acceptable Reviewer Comment (2025-12-17): Received Donor Check required deposit receipt to verify gift amount . Exception Remains. Seller Comment (2025-12-17): Comment from XXXX (XXXX): Gift Wire Receipt - $(XXXX) |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101501 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-12): Sufficient Cure Provided At
Closing |
12/12/2025 | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000101799 | XXXXX | XXXXX | Credit | Guideline | General | Guideline | DSCR does not meet guideline requirements. | Primary Housing history not provided. Lives rent free with parents. Incomplete Lender Exception provided. | Reviewer Comment (2025-12-29): Borrower is not first time
homebuyer or first time investor Buyer Comment (2025-12-29): Comment from XXXX (XXXX): Rent free letter was already provided Reviewer Comment (2025-12-26): Provide Fully Executed Lender Exception from XXXX or Rent-Free letter. Exception remains. Buyer Comment (2025-12-26): Comment from XXXX (XXXX): Borrower is not a first time investor and currently owns additional properties. Exception should not be needed Reviewer Comment (2025-12-23): Please provide fully executed Lender Exception from XXXX. Seller Comment (2025-12-23): Comment from XXXX (XXXX): Exception approval Reviewer Comment (2025-12-18): Per guidelines, First Time Investors may not be a First Time Homebuyer. Exception remains Seller Comment (2025-12-18): Comment from XXXX (XXXX): LOX |
12/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103603 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Tax Verification is missing for Property XXXX | Reviewer Comment (2025-12-24): Land only. Cleared. Seller Comment (2025-12-24): Comment from XXXX (XXXX): Bare land |
12/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Cash-out - Other | D | A | C | A | A | A | D | A | N/A | No | |||||||||||
| XXXXX | 4000103603 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Lease Agreement is missing for REO XXXX | Reviewer Comment (2026-01-08): Received Rent Schedule.
Exception cleared. Seller Comment (2026-01-07): Comment from XXXX (XXXX): 1007 Reviewer Comment (2025-12-24): 1007/ Rent Schedule not provided. Exception remains. Seller Comment (2025-12-24): Comment from XXXX (XXXX): See investor memo |
01/08/2026 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Cash-out - Other | D | A | C | A | A | A | D | A | N/A | No | |||||||||||
| XXXXX | 4000103603 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2026-01-09): Received, Clearing. Seller Comment (2026-01-09): Comment from XXXX (XXXX): CDA Reviewer Comment (2025-12-24): A valid UCDP score was not provided. A secondary valuation is required to support the primary value for securitization purposes. Exception remains. Seller Comment (2025-12-24): Comment from XXXX (XXXX): Note |
01/09/2026 | 1 | D | A | D | A | D | A | D | A | D | A | WA | Investment | Refinance - Cash-out - Other | D | A | C | A | A | A | D | A | N/A | No | |||||||||||||
| XXXXX | 4000103014 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Provide Hazard Insurance paid invoice. | Reviewer Comment (2026-01-05): Invoice received, exception
cleared Seller Comment (2026-01-05): Comment from XXXX (XXXX): evidence borrower paid ins premium of (XXXX) Reviewer Comment (2025-12-19): Invoice does not show paid borrower. Please provide the borrower paid invoice so fee can be added back to available assets Seller Comment (2025-12-19): Comment from XXXX (XXXX): HOI INVOICE |
01/05/2026 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000103014 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-12): Client elects to waive |
12/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000102169 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-12): Client elects to waive |
12/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102169 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXXplus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-12): Sufficient Cure Provided At
Closing |
12/12/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | Final CD evidences Cure | B | B | B | B | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000102169 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception to utilize SSI and pension income in addition to asset depletion income | Borrower has verified disposable income of at least $2500.00. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-12): Lender exception
approved |
12/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000102364 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | There is not evidence in the file that the borrower received a copy of the appraisal report at least three (3) business days prior to closing. | Reviewer Comment (2025-12-12): Client elects to waive |
12/12/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NC | Second Home | Purchase | D | B | C | A | B | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000102364 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-12): Sufficient Cure Provided At
Closing |
12/12/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NC | Second Home | Purchase | Final CD evidences Cure | D | B | C | A | B | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||||
| XXXXX | 4000102364 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2025-12-30): Received CDA. Exception
cleared. Seller Comment (2025-12-30): Comment from XXXX (XXXX): cda Reviewer Comment (2025-12-18): Recent appraisal submitted was already received, exception remains Seller Comment (2025-12-18): Comment from XXXX (XXXX): appraisal |
12/30/2025 | 1 | D | A | D | A | D | A | D | A | D | A | NC | Second Home | Purchase | D | B | C | A | B | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| XXXXX | 4000102364 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Documentation to verify Gift Funds wired to closing for $XXXX from donor was not in file. | Reviewer Comment (2025-12-18): Wire received, exception
cleared Seller Comment (2025-12-18): Comment from XXXX (XXXX): GIFT FUNDS WIRED TO TITLE |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Second Home | Purchase | D | B | C | A | B | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000102364 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Need documentation verifying that the auto lease was paid off and there is not another auto loan/lease. | Reviewer Comment (2025-12-18): Documentation received,
exception cleared Seller Comment (2025-12-18): Comment from XXXX (XXXX): CREDIT SUPPLEMENT GM |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Second Home | Purchase | D | B | C | A | B | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000103342 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-15): Accepted as is. |
12/15/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TN | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103342 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-16): Clearing based on review
coming back within tolerances. |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TN | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000103342 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Appraisal Delivery reflects Appraisal sent on XXXX. | Reviewer Comment (2025-12-15): Accepted as is. |
12/15/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TN | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000104172 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | The file was missing a copy of Insurance Verification for REO XXXX | Reviewer Comment (2025-12-15): Received letter of
explanation from borrower, no insurance on the property Seller Comment (2025-12-15): Comment from XXXX (XXXX): Borrower does not have insurance for this property, see email from borrower confirming |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000103703 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-15): Clearing based on review
coming back within tolerances. |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102567 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Appraisal Delivery document p.620 reflects Appraisal sent XXXX | Reviewer Comment (2025-12-15): Accepted as is. |
12/15/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WI | Second Home | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102567 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Tax and Insurance Verification is missing. | Reviewer Comment (2025-12-29): Required docs provided.
Cleared. Seller Comment (2025-12-29): Comment from XXXX (XXXX): Property address linked to APN Parcel on tax bill is linked to(XXXX) Reviewer Comment (2025-12-16): Insurance Verification, Tax Verification not received with (XXXX)" property address. Exception remains. Seller Comment (2025-12-16): Comment from XXXX (XXXX): This property is land only. There is no hazard policy. Please find tax bill attached. |
12/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WI | Second Home | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101750 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Legal Description not provided | Reviewer Comment (2025-12-15): Received, Clearing. Seller Comment (2025-12-15): Comment from XXXX (XXXX): the legal info is listed on page 3. |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||||
| XXXXX | 4000103107 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Rider - Other not provided | Leasehold Rider is missing. | Reviewer Comment (2025-12-16): Received, Clearing. Seller Comment (2025-12-16): Comment from XXXX (XXXX ): Please see attached leasehold rider. |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000103107 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower lacks two months of bonus history to meet the two-year requirement. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-15): Client elected to
waive/regrade with compensating factors. Lender exception provided. |
12/15/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Second Home | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000103107 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Missing Disclosure | Notice of Special Flood Hazard Disclosure Missing | FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure for property located in a flood zone. | Reviewer Comment (2025-12-15): Accepted as is. |
12/15/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Second Home | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000103107 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. | Final Lender Credit of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-18): XXXX Received Valid COC
dated (XXXX) along with CD. Seller Comment (2025-12-17): Comment from XXXX (XXXX ): Rate change COC processed and updated Cd was sent to the borrower on XXXX reflecting the changes in pricing from lender credit for the rate to a cost for the rate |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000103107 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXXexceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-18): XXXX Received Valid COC
dated(XXXX) along with CD. Seller Comment (2025-12-16): Comment from XXXX (XXXX ): Please see attached COC with CD disclosing the points. |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000103107 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-18): Sufficient cure provided.
Full cure amount for tolerance violation was provided at or before closing
(on final CD) resulting in a cleared exception. Seller Comment (2025-12-17): Comment from XXXX (XXXX ): Cd provided with closing package reflects cure(XXXX) for the increase in transfer taxes |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000103107 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-15): Accepted as is. |
12/15/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Second Home | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000103107 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-01-06): XXXX Received Letter of Explanation, Proof of Delivery,
Copy of Refund Check, and Corrected CD. Seller Comment (2026-01-05): Comment from XXXX (XXXX): PCCD and LOE Reviewer Comment (2026-01-05): XXXX received copy of refund check & proof of mailing. Missing PCCD and LOE. Please provide PCCD and LOE to cure the exception. Seller Comment (2026-01-02): Comment from XXXXXXX XXXXX (XXXX ): See cure refund check and tracking attached. Reviewer Comment (2025-12-31): XXXX received LOE for XXXX, however fee increased on (XXXX) which is not within 3 days of change. Please provide additional sufficient information or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check. Seller Comment (2025-12-30): Comment from XXXX (XXXX ): Please see rebuttal attached Reviewer Comment (2025-12-22): XXXX COC dated (XXXX)does not provide sufficient information for increased Appraisal fee. Also, receiving invoice is not a valid reason for increased fee. In order to determine if the changed circumstance is valid more information is necessary on reason fee increase and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. Seller Comment (2025-12-22): Comment from XXXX (XXXX ): Appraisal invoice received (XXXX)and fee increase was disclosed on the ICD sent (XXXX) |
01/06/2026 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Second Home | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000104240 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Require verification of employment for borrower (XXXX) from current employer and it is not provided in file. | Reviewer Comment (2025-12-15): VVOE provided. Cleared. Seller Comment (2025-12-15): Comment from XXXX (XXXX): vvoe |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000104240 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | The verification of employment is required and was not found in file. | - | The verification of employment for borrower (XXXX) from current employer is not provided in file. | Reviewer Comment (2025-12-15): VVOE provided. Cleared. Seller Comment (2025-12-15): Comment from XXXX (XXXX): vvoe |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000100807 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | The file was missing a copy of Certificate of Good Standing | Reviewer Comment (2025-12-17): Received Certificate of
Good Standing. Exception cleared. Seller Comment (2025-12-17): Comment from XXXX (XXXX): (XXXX) : Please see attached document |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000105544 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Email document XXXX in file reflect Appraisal sent XXXX | Reviewer Comment (2025-12-15): Accepted as is. |
12/15/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000105544 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on XXXXprior to three (3) business days from transaction date of XXXX. | Reviewer Comment (2025-12-16): Received, Clearing. Seller Comment (2025-12-15): Comment from XXXX (XXXX): Hello team, please see attached the Post Consummation CD and Final SS showing the disbursement date is (XXXX)Thank you |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000102534 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Insurance Verification & Tax Verification are missing | Reviewer Comment (2025-12-15): Taxes and insurance
received, exception cleared Seller Comment (2025-12-15): Comment from XXXX (XXXX): (XXXX)/Hoi/Hoa/Free&clear |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WI | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000102534 | XXXXX | XXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ | Borrower has verified disposable income of at least $2500.00. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The qualifying DTI on the loan is less than or equal to 35%. The representative FICO score exceeds the guideline minimum by at least 40 points. The representative FICO score is above 680. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-15): Client elects to waive.
Letter from insurer indicates no claims were made on (XXXX) Seller Comment (2025-12-15): Comment from XXXX (XXXX): email from agent |
12/15/2025 | 2 | C | B | C | B | C | B | C | B | C | B | WI | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | No | ||||||||||
| XXXXX | 4000102534 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-15): Accepted as is. |
12/15/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WI | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000102683 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | XXXX // Employment Type: Employment / Income Type: Wages / Start Date: XXXX | Reviewer Comment (2025-12-27): Received, Clearing. Buyer Comment (2025-12-27): Comment from XXXX (XXXX): We only used(XXXX) for B2, their income was not used to qualify. Can you please re-review this condition and clear. Reviewer Comment (2025-12-24): Received VVOE dated (XXXX) is not within 10 days of Closing date. Exception remains. Seller Comment (2025-12-24): Comment from XXXX (XXXX): B2 Final VOE |
12/27/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101316 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance is required and must equal at least six (6) months of local average monthly rents on all properties. The hazard policy received does not specify the rent loss insurance coverage amount. | Reviewer Comment (2025-12-24): Rent loss coverage
provided. Cleared. Seller Comment (2025-12-24): Comment from XXXX (XXXX): Fair rental income Reviewer Comment (2025-12-18): Rent loss coverage isn't resolved property history report. We need to know the exact coverage amount of rent loss coverage. Seller Comment (2025-12-17): Comment from XXXX (XXXX): Property is free and clear and we already submitted the documents along with Loan Package and Re uploaded. May you please check and waive the condition Reviewer Comment (2025-12-16): Received verification of rental however, exception is set due to missing rent loss coverage. Please provide the subject insurance policy reflecting at least 6 months rent loss coverage Seller Comment (2025-12-16): Comment from XXXX (XXXX): VOR |
12/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100357 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-16): Accepted as is. |
12/16/2025 | 2 | B | B | B | B | B | B | B | B | B | B | PA | Investment | Refinance - Cash-out - Home Improvement | B | B | A | A | B | B | A | A | N/A | Non QM | No | ||||||||||
| XXXXX | 4000102764 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-17): Clearing based on review
coming back within tolerances. |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000102764 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-12-15): Accepted as is. |
12/15/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102764 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | No cure was provided to the Borrower . | Reviewer Comment (2025-12-15): Sufficient Cure Provided At
Closing |
12/15/2025 | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | Final CD evidences Cure | C | B | C | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000101113 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX | Reviewer Comment (2026-01-07): Received Replacement Cost
Estimator and the shortfall is covered. Exception cleared. Seller Comment (2026-01-07): Comment from XXXX (XXXX): Replacement Cost of new Reviewer Comment (2025-12-16): Replacement Cost Estimate not provided. Exception remains, Buyer Comment (2025-12-16): Comment from XXXX (XXXX): The insurance policy covers dwelling replacement cost and has extended dwelling coverage, see dwelling coverage limits in the policy. |
01/07/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103393 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-15): Accepted as is. |
12/15/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NC | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000100525 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-17): Clearing based on review
coming back within tolerances. |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101804 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-16): Sufficient Cure Provided At
Closing |
12/16/2025 | 1 | A | A | A | A | A | A | A | A | A | A | DC | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000102625 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Preliminary Title Report does not list policy amount. | Reviewer Comment (2025-12-15): Accepted as is. |
12/15/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101695 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Business Purpose Certificate is not in file | Reviewer Comment (2025-12-15): Loan flipped to a full
compliance review Reviewer Comment (2025-12-11): Business Purpose Certificate is not received. Business Purpose Certificate is required for refinance of investment property. Exception remains. Buyer Comment (2025-12-11): Comment from XXXX (XXXX): Please test as consumer purpose |
12/15/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Refinance - Limited Cash-out GSE | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000101695 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Disaster Name: XXXX Disaster Declaration Date: XXXX Disaster End Date: XXXXA PDI Report is required PDI ordered XXXX |
Reviewer Comment (2025-12-12): Received PDI reflecting no
damage |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Refinance - Limited Cash-out GSE | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000101695 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36 | Reviewer Comment (2025-12-22): Received, Clearing. |
12/22/2025 | 1 | D | A | B | A | D | A | C | A | D | A | NC | Investment | Refinance - Limited Cash-out GSE | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| XXXXX | 4000101695 | XXXXX | XXXXX | Property | Valuation | General | Valuation | Valuation Product pending | XXXX/ Post Disaster Inspection + XXXX - XXXX Days | Reviewer Comment (2025-12-12): Received PDI Reviewer Comment (2025-12-11): Valuation Received - (XXXX) |
12/12/2025 | 1 | A | A | A | A | A | NC | Investment | Refinance - Limited Cash-out GSE | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000101695 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-22): Accepted as is. |
12/22/2025 | 2 | B | B | B | B | B | NC | Investment | Refinance - Limited Cash-out GSE | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000104504 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Guidelines state that properties listed for sale in the last XXXX months are not eligible for a refinance transaction. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC |
Reviewer Comment (2025-12-15): Client elected to
waive/regrade with compensating factors. Lender exception provided. |
12/15/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Refinance - Rate/Term | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000103836 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Assignment of Leases/Rents not provided | Assignment of Leases/Rents is missing. | Reviewer Comment (2025-12-25): Received Security
Instrument and 1-4 Family Rider. Exception cleared. Buyer Comment (2025-12-24): Comment from XXXX (XXXX): The property is vacant- what is needed exactly? |
12/25/2025 | 1 | C | A | C | A | C | A | C | A | C | A | RI | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103836 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument - Subject Lien is missing. | Reviewer Comment (2025-12-23): Received evidence of access
to funds. Exception Cleated. Seller Comment (2025-12-23): Comment from XXXX (XXXX): Mortgage |
12/23/2025 | 1 | D | A | D | A | D | A | D | A | D | A | RI | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103853 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-16): Accepted as is. |
12/16/2025 | 2 | B | B | B | B | B | B | B | B | B | B | UT | Second Home | Purchase | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000103853 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | PDI ordered XXXX | Reviewer Comment (2025-12-17): Received, Clearing. Reviewer Comment (2025-12-16): PDI has been ordered for the property. Buyer Comment (2025-12-16): Comment from XXXX (XXXX): Hello, is this an internal condition or is this something I need to work on my end? |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | UT | Second Home | Purchase | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000103853 | XXXXX | XXXXX | Property | Valuation | General | Valuation | Valuation Product pending | XXXX/ Post Disaster Inspection + XXXX - XXXX Days | Reviewer Comment (2025-12-17): Received, Clearing. Reviewer Comment (2025-12-16): Valuation Received - (XXXX) |
12/17/2025 | 1 | A | A | A | A | A | UT | Second Home | Purchase | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000104329 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Missing Fraud Report for both borrowers. | Reviewer Comment (2025-12-19): Received Fraud Report.
Exception cleared. Seller Comment (2025-12-19): Comment from XXXX (XXXX): Fraud Report |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WI | Second Home | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000104329 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-16): Accepted as is. |
12/16/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WI | Second Home | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102897 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Legal Description not provided | Reviewer Comment (2025-12-24): Received Legal Description.
Exception cleared. Seller Comment (2025-12-24): Comment from XXXX (XXXX): Uploaded legal description |
12/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102936 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure XXXXon a first lien purchase transaction did not disclose any Seller paid fees/charges on page XXXX. | Missing Seller Closing Disclosure. | Reviewer Comment (2025-12-23): XXXX received seller CD. Seller Comment (2025-12-22): Comment from XXXX (XXXX): Please see attached Sellers Final CD |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000102936 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. | Reason for no-escrows was not checked. | Reviewer Comment (2025-12-24): XXXX received Letter of
Explanation and Corrected CD. Seller Comment (2025-12-23): Comment from XXXX (XXXX): Please see attached Post CD |
12/24/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000102936 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-24): XXXX received Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Seller Comment (2025-12-23): Comment from XXXX (XXXX): Please see attached Cure check, LOE, XXXX XXX label and Post CD |
12/24/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000102936 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-16): Accepted as is. |
12/16/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | B | B | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000102274 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. | Reviewer Comment (2025-12-16): Accepted as is. |
12/16/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102274 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX Sufficient or excess cure was provided to the borrower at Closing. | Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient was provided to the borrower at closing. | Reviewer Comment (2025-12-16): Sufficient Cure Provided At
Closing |
12/16/2025 | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | Final CD evidences Cure | B | B | B | B | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000102378 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-18): Clearing based on review
coming back within tolerances. |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000105893 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Credit Report is missing for Co-Borrower (XXXX) | Reviewer Comment (2025-12-23): Received, cleared Seller Comment (2025-12-23): Comment from XXXX (XXXX): attached |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000105893 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-17): Clearing based on review
coming back within tolerances. |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102500 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-18): Clearing based on review
coming back within tolerances. |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000104304 | XXXXX | XXXXX | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 | Initial 1003 is missing | Reviewer Comment (2025-12-16): Accepted as is. |
12/16/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000104304 | XXXXX | XXXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | Initial E-Sign Consent Agreement is missing | Reviewer Comment (2025-12-18): E-Consent provided.
Cleared. Seller Comment (2025-12-18): Comment from XXXX (XXXX): econsent |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000103900 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2025-12-16): Accepted as is. |
12/16/2025 | 2 | B | B | B | B | B | B | B | B | B | B | AL | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000102524 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-18): Clearing based on review
coming back within tolerances. |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102524 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Preliminary Title Report does not list coverage amount. | Reviewer Comment (2025-12-16): Accepted as is. |
12/16/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102524 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception reflects Decision Approved Allow cash out $XXXX vs maximum cash out of $XXXX. No Appraisal but appraisal expected the next day. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | SitusAMC | Reviewer Comment (2025-12-16): Lender exception
approved |
12/16/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000100460 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Flip transaction. Property was not marketed on the open market. Agricultural zoning ineligible per guides. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. Seasoned Borrower/Investor whose experience exceeds 10 completed projects. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-16): Client elected to
waive/regrade with compensating factors. Lender exception provided. |
12/16/2025 | 2 | B | B | B | B | B | B | B | B | B | B | OK | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000102629 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-16): Accepted as is. |
12/16/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MO | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102629 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-18): Clearing based on review
coming back within tolerances. |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MO | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101793 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-16): Accepted as is. |
12/16/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101793 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Reviewer Comment (2025-12-17): Received, Clearing. Seller Comment (2025-12-16): Comment from XXXX (XXXX): Hello, please see revised PCCD showing less funds are required to close. there should be sufficient funds for reserves now. |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000102633 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-16): Accepted as is. |
12/16/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102633 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Please provide invoice for appraisal POC by borrower in the amount of $XXXX | Reviewer Comment (2025-12-16): Received POCB Invoice.
Assets Available for Closing is sufficient to cover Cash From Borrower.
Exception cleared. Seller Comment (2025-12-16): Comment from XXXX (XXXX): Hello, please see attached |
12/16/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000103327 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-19): Clearing based on review
coming back within tolerances. |
12/19/2025 | 1 | A | A | A | A | A | PA | Investment | Purchase | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXX | 4000102531 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception for a non-arms length transaction. Comp factors - Minimal debt, clean credit history, XXXX months reserves, XXXX years with the same employer for B1 | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-17): Lender exception
approved |
12/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Purchase | B | B | B | B | A | A | A | A | N/A | N/A | No | |||||||||
| XXXXX | 4000100412 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | POCB Appraisal Fee Paid invoice is missing. | Reviewer Comment (2025-12-18): Provided. Cleared. Seller Comment (2025-12-18): Comment from XXXX (XXXX): Hello, please see attached, thank you |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100412 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | POCB Credit Report Fee Paid invoice is missing. | Reviewer Comment (2025-12-18): Provided. Cleared. Seller Comment (2025-12-18): Comment from XXXX (XXXX): Hello, please see attached, thank you |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100412 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date ofXXXX. | Reviewer Comment (2025-12-18): Invoices provided.
Cleared. Seller Comment (2025-12-18): Comment from XXXX (XXXX): Hello, please see attached the Post Consummation CD and Final SS showing the disbursement date is (XXXX) Thank you |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000100412 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-31): Client elects to waive with
compensating factors |
12/31/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000100412 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Available Reserves does not meet the guidelines requirement. | Reviewer Comment (2025-12-31): Client waived the reserves
exception |
12/31/2025 | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000100412 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Available Reserves does not meet the guidelines requirement. | Reviewer Comment (2025-12-31): Client waived the reserves
exception |
12/31/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102136 | XXXXX | XXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy Effective Date ___; Disbursement Date: ___; Note Date: ___; Transaction Date: ___ | Reviewer Comment (2025-12-18): Previous policy received,
exception cleared Seller Comment (2025-12-18): Comment from XXXX (XXXX): Please see previous policy attached |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000102136 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-17): Accepted as is. |
12/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000104904 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-17): Accepted as is. |
12/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000101537 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-17): Accepted as is. |
12/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | OR | Investment | Purchase | C | B | A | A | B | B | C | A | N/A | No | |||||||||||
| XXXXX | 4000101537 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | - | Reviewer Comment (2025-12-29): Received Inspection Summary
report with property images, confirming that the roof repair work is
completed. Exception cleared. Seller Comment (2025-12-29): Comment from XXXX (XXXX): Please see report showing repairs have been completed |
12/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Purchase | C | B | A | A | B | B | C | A | N/A | No | ||||||||||||
| XXXXX | 4000101612 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file. | Reviewer Comment (2025-12-17): Accepted as is. |
12/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MD | Investment | Refinance - Rate/Term | D | B | C | B | D | A | N/A | No | |||||||||||||
| XXXXX | 4000101612 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX | Reviewer Comment (2025-12-23): RCE provided. Cleared. Seller Comment (2025-12-23): Comment from XXXX (XXXX): RCE attached. |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Rate/Term | D | B | C | B | D | A | N/A | No | ||||||||||||||
| XXXXX | 4000101612 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Secondary valuation is missing. | Reviewer Comment (2025-12-17): Received UCDP Submission
Summary Report with risk score less than(XXXX). Hence secondary valuation is
not required. Exception cleared. Seller Comment (2025-12-17): Comment from XXXX (XXXX): FNMA UCDP Reviewer Comment (2025-12-17): A secondary valuation or UCDP with an acceptable risk score is required to clear this exception. Seller Comment (2025-12-17): Comment from XXXX (XXXX): XXXX did not underwrite this file. Secondary valuation was not indicated on the approval (see attachment) |
12/17/2025 | 1 | D | A | D | A | D | A | D | A | D | A | MD | Investment | Refinance - Rate/Term | D | B | C | B | D | A | N/A | No | ||||||||||||||
| XXXXX | 4000102012 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-19): Clearing based on review
coming back within tolerances. |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | HI | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000104218 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-19): Clearing based on review
coming back within tolerances. |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000104218 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Missing page XXXXof the final CD | Reviewer Comment (2025-12-18): Received, Clearing. Seller Comment (2025-12-18): Comment from XXXX (XXXX): final cd |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000104218 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Purchase Agreement / Sales Contract is missing. | Reviewer Comment (2025-12-18): Received Sales Contract
Addendum. Exception cleared. Seller Comment (2025-12-18): Comment from XXXX (XXXX): contract |
12/18/2025 | 1 | D | A | D | A | D | A | D | A | D | A | OK | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000094358 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. | Reviewer Comment (2025-12-17): Accepted as is. |
12/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | IL | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000102542 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-19): Clearing based on review
coming back within tolerances. |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Home Improvement | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102542 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-17): Accepted as is. |
12/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Home Improvement | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000103386 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-12-17): Accepted as is. |
12/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000103386 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Legal Description not provided | Separate legal description is not provided in file. | Reviewer Comment (2025-12-18): Exception cleared Seller Comment (2025-12-18): Comment from XXXX (XXXX): Please see attached- page 3 of the DOT lists the legal description |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000103232 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-19): Clearing based on review
coming back within tolerances. |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MN | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101411 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-17): Accepted as is. |
12/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102391 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Legal Description not provided | Reviewer Comment (2025-12-17): Received Legal Description.
Exception cleared. Seller Comment (2025-12-17): Comment from XXXX (XXXX): (XXXX)RF please see attached |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000103975 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-12-17): Accepted as is. |
12/17/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000101937 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-17): Sufficient Cure Provided At
Closing |
12/17/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NH | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000103789 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103454 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Preliminary Title Report does not list coverage amount. | Reviewer Comment (2025-12-17): Accepted as is. |
12/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103454 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception Conditioned is for Guidelines reflect of Borrower previously paid rent for their residence , then the Borrower's rental housing payment history for the most recent XXXX months is required. Payments must be documented via Institutional Verification of Rent (VOR) completed by a professional management company. Canceled checks front and back, reflecting rent payments or bank statements reflecting rent payments and a signed lease agreement. The borrower provided a Verification of Rent (VOR) from a private landlord to document there rental payments. They additionally provided a lease agreement along with assets showing XXXX out of XXXX payments. The remaining XXXX payments the borrower says were paid in cash and can not be documented. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-17): Client elected to
waive/regrade with compensating factors. Lender exception provided. |
12/17/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000099413 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Second Home | Purchase | C | B | B | B | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| XXXXX | 4000099413 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Second Home | Purchase | C | B | B | B | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000099413 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $XXXXexceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. | Final Lender Credit of $XXXX exceeds tolerance of $XXXX Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-22): XXXX received a valid
COC. Seller Comment (2025-12-22): Comment from XXXX (XXXX): cic |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000099413 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Loan Discount Points was not disclosed on Loan Estimate. File does not contain a valid COC for this fee, nor evidence of cure. Provide a post-close CD disclosing the tolerance cure to include $XXXX, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2025-12-22): XXXX received a valid
COC. Seller Comment (2025-12-22): Comment from XXXX (XXXX): CIC |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000099413 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Appraisal Fee was last disclosed as $XXXX on LE but disclosed as $XXXXon Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $XXXX, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2025-12-26): XXXX received valid COC
document Seller Comment (2025-12-24): Comment from XXXX (XXXX): CIC Reviewer Comment (2025-12-22): XXXX received COC dated(XXXX) stating "Appraiser added complexity fee on top of the regular fee" which is not sufficient information in order to add complex fee. Kindly provide additional information as to why the complexity fee were added on CD dated (XXXX) or cure due to borrower. Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing. Seller Comment (2025-12-22): Comment from XXXX (XXXX): CIC |
12/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000104886 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Preliminary title policy amount is blank.The preliminary title policy is within XXXXand does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102118 | XXXXX | XXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-09): LOE of no claims or damage
received. Seller Comment (2026-01-08): Comment from XXXX (XXXX): Attached |
01/09/2026 | 2 | C | B | C | B | C | B | C | B | C | B | WI | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000105458 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000105458 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | XXXX Subprime Loan: Counseling Disclosure not provided to borrower. | Counseling Disclosure not provided to borrower. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000105458 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) New York Subprime Loan (Provision Increasing Rate After Default) | XXXX Subprime Loan: Mortgage loan contains a provision that increases interest rate after default. | Mortgage loan contains a provision that increases interest rate after default. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | Provide the following: Letter of Explanation, modification of loan terms to remove the provision to increase the interest rate after default and proof of mailing. | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000105458 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | XXXX Subprime Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX + XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX + XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000105458 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | P&L Statement is Missing | Reviewer Comment (2025-12-18): P&L provided.
Cleared. Seller Comment (2025-12-18): Comment from XXXX (XXXX): Please see attached |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000105458 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2025-12-19): Credit supplement
provided |
12/19/2025 | 1 | B | A | C | A | B | A | C | A | B | A | NY | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000105458 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Based on the loan failing one or more guideline components, the loan is at ATR risk. | Reviewer Comment (2025-12-19): Credit supplement
provided Buyer Comment (2025-12-19): Comment from XXXX (XXXX): Please clear as ATR worksheet condition was cleared |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000105458 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 calendar days of the Note. | - | Verification(s) of employment is not within XXXX calendar days of the Note | Reviewer Comment (2025-12-18): After further review,
exception has been cleared. Seller Comment (2025-12-18): Comment from XXXX (XXXX): Please see attached. under(XXXX) business days, due to holiday. |
12/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000105458 | XXXXX | XXXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower does not have the minimum open tradelines per guidelines. | Credit supplement provided. Cleared. | Reviewer Comment (2025-12-19): Supplement provided.
Cleared. Seller Comment (2025-12-19): Comment from XXXX (XXXX): Please see credit supplement report. |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000105458 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | Reviewer Comment (2025-12-19): Provided. Cleared. Buyer Comment (2025-12-19): Comment from XXXX (XXXX): Please clear as other condition for same condtion was cleared. |
12/19/2025 | 1 | A | A | A | A | A | NY | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXX | 4000103971 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Property Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Zero Percent Fee Tolerance exceeded for Property Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-18): Sufficient Cure Provided At
Closing |
12/18/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000103971 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103971 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | XXXX Subprime Loan: Counseling Disclosure not provided to borrower. | Counseling Disclosure not provided to borrower. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000103971 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) New York Subprime Loan (Provision Increasing Rate After Default) | XXXX Subprime Loan: Mortgage loan contains a provision that increases interest rate after default. | Mortgage loan contains a provision that increases interest rate after default. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | Provide the following: Letter of Explanation, modification of loan terms to remove the provision to increase the interest rate after default and proof of mailing. | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000103971 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | XXXX Subprime Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX + XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX + XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000103971 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) | New York Subprime Loan: Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law. | Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | Provide the following: Letter of Explanation, corrected Mortgage (with required Legend) signed by consumers, and proof of re-recording. | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000103972 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000103972 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | XXXX Subprime Loan: Counseling Disclosure not provided to borrower. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure | C | B | C | B | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103972 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) New York Subprime Loan (Provision Increasing Rate After Default) | XXXX Subprime Loan: Mortgage loan contains a provision that increases interest rate after default. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | Provide the following: Letter of Explanation, modification of loan terms to remove the provision to increase the interest rate after default and proof of mailing. | C | B | C | B | B | B | A | A | Non QM | Exempt from ATR | Yes | ||||||||||
| XXXXX | 4000103972 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | XXXX Subprime Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX+ XXXX%, orXXXX%. Non-Compliant SubPrime Loan. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | C | B | C | B | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103972 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-17): Sufficient Cure Provided At
Closing |
12/17/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | Final CD evidences Cure | C | B | C | B | B | B | A | A | Non QM | Exempt from ATR | Yes | ||||||||||
| XXXXX | 4000103972 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-17): Sufficient Cure Provided At
Closing |
12/17/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | Final CD evidences Cure | C | B | C | B | B | B | A | A | Non QM | Exempt from ATR | Yes | ||||||||||
| XXXXX | 4000103972 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 calendar days of the Note. | - | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-06): Client waived as it falls
within the 10 business days which meets hard guidelines. Reviewer Comment (2025-12-22): Since not part of the guidelines an exception from the buyer of the loan would be needed. Buyer Comment (2025-12-22): Comment from XXXX (XXXX): Apologies it is not stated in guidelines, but it is written on the document that it is 10 business days, Reviewer Comment (2025-12-19): In reviewing the QB Non-Traditional Mortgage Loans Product Guidelines with Master UW Guidelines there is no mention of business days vs calendar days. Please advise where in the guidelines this is noted. Buyer Comment (2025-12-19): Comment from XXXX (XXXX): As per our guidelines and the document it needs to be within 10 business days, excluding weekends, (XXXX)s within the appropriate time period from (XXXX) Reviewer Comment (2025-12-19): VVOE dated (XXXX)s not within 10 calendar days of the Note. Seller Comment (2025-12-19): Comment from XXXX (XXXX): Please see attached |
01/06/2026 | 2 | C | B | C | B | C | B | C | B | C | B | NY | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000103972 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 calendar days of the Note. | - | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-06): Client waived as it falls
within the 10 business days which meets hard guidelines. Reviewer Comment (2025-12-19): In reviewing the QB Non-Traditional Mortgage Loans Product Guidelines with Master UW Guidelines there is no mention of business days vs calendar days. Please advise where in the guidelines this is noted. Buyer Comment (2025-12-19): Comment from XXXX (XXXX): As per our guidelines and the document it needs to be within 10 business days, excluding weekends, (XXXX) is within the appropriate time period from(XXXX) Reviewer Comment (2025-12-19): VVOE dated(XXXX) is not within 10 calendar days of the Note. Seller Comment (2025-12-19): Comment from XXXX (XXXX): Please see attached |
01/06/2026 | 2 | C | B | C | B | C | B | C | B | C | B | NY | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000103972 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 calendar days of the Note. | - | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-06): Client waived as it falls
within the 10 business days which meets hard guidelines. Reviewer Comment (2025-12-19): In reviewing the QB Non-Traditional Mortgage Loans Product Guidelines with Master UW Guidelines there is no mention of business days vs calendar days. Please advise where in the guidelines this is noted. Buyer Comment (2025-12-19): Comment from XXXX (XXXX): As per our guidelines and the document it needs to be within 10 business days, excluding weekends, (XXXX)is within the appropriate time period from (XXXX) Reviewer Comment (2025-12-19): VVOE dated (XXXX)is not within 10 calendar days of the Note. Seller Comment (2025-12-19): Comment from XXXX (XXXX): Please see attached |
01/06/2026 | 2 | C | B | C | B | C | B | C | B | C | B | NY | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000100916 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Loan submitted as a business purpose loan however, the borrower is paying off personal debt at closing which makes it ineligible. | Reviewer Comment (2025-12-17): Loan tested as consumer
purpose since borrower paying off personal debt at closing |
12/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000102907 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date ofXXXX. | Reviewer Comment (2025-12-23): Received, Clearing. Seller Comment (2025-12-22): Comment from XXXX (XXXX): Loan disbursed onXXXX. |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000102907 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-18): Client waives as it meets
XXXX guides. |
12/18/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000103990 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000103990 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX Sufficient or excess cure was provided to the borrower at Closing. | Appraisal fee increased from $XXXX to $XXXX a difference of $XXXX without a valid Change Circumstance document in file. A cure of $XXXX was provided. | Reviewer Comment (2025-12-18): Sufficient Cure Provided At
Closing |
12/18/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | Final CD evidences Cure | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000103990 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Collateral Desktop Analysis increased from XXXX to $XXXX, a difference of $XXXX, without a valid Change Circumstance document in file. A cure of $XXXX was provided. | Reviewer Comment (2025-12-18): Sufficient Cure Provided At
Closing |
12/18/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | Final CD evidences Cure | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000103990 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Reviewer Comment (2025-12-19): Sufficient reserves
verified Buyer Comment (2025-12-19): Comment from XXXX (XXXX): When this file closed the borrower needed (XXXX)Reserves (XXXX) total $(XXXX) Borrower had(XXXX) Reviewer Comment (2025-12-18): Need either an updated XXXX account statement or a Post Closing CD showing less cash to close than the Final CD. Seller Comment (2025-12-18): Comment from XXXX (XXXX): Please see attached ATR workdheet reflecting (XXXX) mo reserve, please advise on discrepancy. |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||
| XXXXX | 4000103990 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2025-12-19): Sufficient reserves
verified |
12/19/2025 | 1 | B | A | C | A | B | A | C | A | B | A | NY | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | Yes | ||||||||||
| XXXXX | 4000103990 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | File is short reserve requirements | Reviewer Comment (2025-12-19): Sufficient reserves
verified |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000106511 | XXXXX | XXXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Increased Rate After Default) | Truth in Lending Act (HOEPA): Mortgage loan contains a provision that increases interest rate after default. | Reviewer Comment (2025-12-22): Received, Clearing. |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000106511 | XXXXX | XXXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | Reviewer Comment (2025-12-22): Received, Clearing. |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000106511 | XXXXX | XXXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Reviewer Comment (2025-12-22): Received, Clearing. |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000106511 | XXXXX | XXXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. | Reviewer Comment (2025-12-22): Received, Clearing. |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000106511 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of XXXX% is in excess of the allowable maximum of XXXX% of the Federal Total Loan Amount. Points and Fees of $XXXX on a Federal Total Loan Amount of $XXXX vs. an allowable total of $XXXX (an overage of $XXXXor .XXXX%). Non-Compliant High Cost Loan. | Reviewer Comment (2025-12-22): Received, Clearing. Seller Comment (2025-12-22): Comment from XXXX (XXXX): Please see attached XXXX, as per our XXXX, we are not failing any high cost tests. |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | Yes | ||||||||||
| XXXXX | 4000106511 | XXXXX | XXXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (2015 Counseling Requirement) | Truth in Lending Act (HOEPA): Pre-loan counseling requirements not met. | Reviewer Comment (2025-12-22): Received, Clearing. |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000106511 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000106511 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000101545 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Second Home | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100865 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100865 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100865 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State Defect | Illinois SB 1894 | XXXX Predatory Lending Database Program (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording. | Certificate of Compliance or Exemption not attached to mortgage for recording | Reviewer Comment (2025-12-23): Provided. Cleared. Seller Comment (2025-12-23): Comment from XXXX (XXXX): Recorded Mtg w/Pred Lending page |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000105211 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing. | Reviewer Comment (2026-01-13): Received Operating
Agreement. Exception cleared. Seller Comment (2026-01-13): Comment from XXXX (XXXX): Please see attached operating agreement. |
01/13/2026 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102974 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Reviewer Comment (2025-12-19): Accepted as is. |
12/19/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000102974 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Disparity In Occupancy - Investment Loans | Loan does not qualify for Investment Loans scope because the Final 1003 does not indicate that the property will be an Investment Property or the Final 1003 Declarations, Valuation or Occupancy Certificate indicates the borrower intends to occupy the subject property. | The transaction is a refinance of an investment property, however the appraisal reflects owner occupied | Reviewer Comment (2026-01-09): Appraisal reflecting tenant
occupied received Seller Comment (2026-01-09): Comment from XXXX (XXXX): revised appraisal |
01/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000102215 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2025-12-19): Accepted as is. |
12/19/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | B | B | A | A | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000101564 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2026-01-09): Received CDA. Exception
cleared. Seller Comment (2026-01-09): Comment from XXXX (XXXX): CDA |
01/09/2026 | 1 | D | A | D | A | D | A | D | A | D | A | NY | Second Home | Purchase | D | A | C | A | C | A | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000101564 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | A Verification of Business for Schedule C income/employment within 10 days of closing was missing in file. A business license is in the file, however it's dated XXXX | Reviewer Comment (2026-01-09): Received 10 day VVOE Buyer Comment (2026-01-09): Comment from XXXX (XXXX): See upload Reviewer Comment (2026-01-06): Per ATR all income docs must be pre-consummation. The document provided is dated XXXX Buyer Comment (2026-01-05): Comment from XXXX (XXXX): See upload |
01/09/2026 | 1 | B | A | C | A | B | A | C | A | B | A | NY | Second Home | Purchase | Lender to provide updated ATR/QM status | D | A | C | A | C | A | D | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000101564 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Schedule C Test | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current Sole Proprietorship status using reasonably reliable third-party records. | A Verification of Business for Schedule C income/employment within 10 days of closing was missing in file. A business license is in the file, however it's dated XXXX | Reviewer Comment (2026-01-09): Received 10 day VVOE Buyer Comment (2026-01-09): Comment from XXXX (XXXX): See upload Reviewer Comment (2026-01-06): Per ATR all income docs must be pre-consummation. The document provided is dated XXXX Buyer Comment (2026-01-05): Comment from XXXX (XXXX): See upload |
01/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Second Home | Purchase | D | A | C | A | C | A | D | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101564 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-18): Sufficient Cure Provided At
Closing |
12/18/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Second Home | Purchase | Final CD evidences Cure | D | A | C | A | C | A | D | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000101564 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-18): Sufficient Cure Provided At
Closing |
12/18/2025 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Second Home | Purchase | Final CD evidences Cure | D | A | C | A | C | A | D | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000101564 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | A Verification of Business License for Schedule C income/employment within XXXX days of closing was missing in file, (XXXX/Schedule C) | Reviewer Comment (2026-01-09): Received 10 day VVOE |
01/09/2026 | 1 | A | A | A | A | A | A | A | A | A | A | NY | Second Home | Purchase | D | A | C | A | C | A | D | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101564 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | A Verification of Business for Schedule C income/employment within XXXX days of closing was missing in file. A business license is in the file, however it's dated XXXX | Reviewer Comment (2026-01-09): 10 day VVOE received Seller Comment (2026-01-09): Comment from XXXX (XXXX): See attached Reviewer Comment (2026-01-05): As per XXXX guidelines, Verification of business existence and that the business is fully operational / active required within ten (10) calendar days of closing. Received Business document is dated after note date. Please Provide XXXX is within ten (10) calendar days of closing. Exception remains. Seller Comment (2026-01-05): Comment from XXXX (XXXX): VVOE |
01/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Second Home | Purchase | D | A | C | A | C | A | D | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101564 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | A Verification of Business for Schedule C income/employment within XXXX days of closing was missing in file. A business license is in the file, however it's dated XXXX | Reviewer Comment (2026-01-09): 10 day VVOE received Buyer Comment (2026-01-09): Comment from XXXX (XXXX): See upload Reviewer Comment (2026-01-06): Per ATR all income docs must be pre-consummation. The document provided is dated XXXX Buyer Comment (2026-01-05): Comment from XXXX (XXXX): See upload |
01/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Second Home | Purchase | D | A | C | A | C | A | D | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000098679 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MI | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102765 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Borrower verified receipt three days prior to closing and additional document reflects receipt on closing date. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102765 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000104293 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-19): Accepted as is. |
12/19/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | D | B | D | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000104293 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Purchase Contract is Missing | Reviewer Comment (2025-12-22): Received, Clearing. Seller Comment (2025-12-22): Comment from XXXX (XXXX): Hello, this is For Sale By Owner and the escrow instructions is the only contract. |
12/22/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Purchase | D | B | D | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000104293 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Cash to close requirement is $XXXX + $XXXX in POC fees = $XXXX Gift of Equity $XXXX. Short $XXXX | Reviewer Comment (2025-12-22): Received, Clearing. Seller Comment (2025-12-22): Comment from XXXX (XXXX): Hello, please see attached, thank you. Reviewer Comment (2025-12-22): Pleased provide the XXXX invoices. Reviewer Comment (2025-12-22): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Documented qualifying Assets for Closing of XXXX is less than XXXX XXXX Seller Comment (2025-12-22): Comment from XXXX (XXXX): Hello, Please PCCD and invoice showing sufficient funds to close |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | D | B | D | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000104293 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-19): Accepted as is. |
12/19/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | D | B | D | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000105104 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Verification appraisal was delivered to borrower was not provided | Reviewer Comment (2025-12-19): Accepted as is. |
12/19/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000105104 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Reviewer Comment (2025-12-24): XXXX received XXXX Initial
CD, XXXX business days prior to the consummation. Seller Comment (2025-12-23): Comment from XXXX (XXXX): Initial CD |
12/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | No Defined Cure | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000105104 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower | Reviewer Comment (2025-12-24): XXXX received updated CD
dated XXXX with valid changed circumstance. Seller Comment (2025-12-23): Comment from XXXX (XXXX): NOLC |
12/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000105104 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-23): Clearing based on review
coming back within tolerances. |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000104761 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-18): Accepted as is. |
12/18/2025 | 2 | B | B | B | B | B | B | B | B | B | B | OH | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102466 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-19): Sufficient Cure Provided At
Closing |
12/19/2025 | 1 | A | A | A | A | A | A | A | A | A | A | DC | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000104708 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-23): Clearing based on review
coming back within tolerances. |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102636 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Reviewer Comment (2025-12-24): XXXX received Initial CD
and proof of receipt. Seller Comment (2025-12-23): Comment from XXXX (XXXX): ICD |
12/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | No Defined Cure | C | B | B | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000102636 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided to the borrower . | Reviewer Comment (2025-12-24): XXXX received COC dated
XXXX Seller Comment (2025-12-23): Comment from XXXX (XXXX): CD with CIC |
12/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000102636 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-19): Accepted as is. |
12/19/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | B | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101435 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Qualifying Assets for Closing of $XXXX is less than Cash From Borrower $XXXX. | Reviewer Comment (2026-01-07): Using FNMA, XXXX of what's
required to close, guides. Cleared Seller Comment (2026-01-07): Comment from XXXX (XXXX): updated XXXX and XXXX per UW updated the file to reflect only XXXX of the mutual fund balance. Their guidance indicates to follow FNMA guidelines to determine if verification of liquidation is required. When the value of the asset exceeds the required cash-to-close by more than 20%, we should not have to document that. Even at XXXX of the value of the asset, we are well above that threshold. Reviewer Comment (2026-01-05): Per guides, XXXX Mutual Funds can only be used towards reserves. Exception remains. Seller Comment (2026-01-05): Comment from XXXX (XXXX): Per UW XXXX was the EMD. However, we have documented over XXXX is assets. More than enough XXXX see them in the file under bank statements. > I have uploaded Bank Statements |
01/07/2026 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101435 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-22): Clearing based on review
coming back within tolerances. |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000104236 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Business Purpose Certificate not provided | Reviewer Comment (2025-12-19): Received, Clearing. Seller Comment (2025-12-19): Comment from XXXX (XXXX): Please see attached to clear condition |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000104236 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | (Missing Doc) Missing Note Addendum: Note P&I does not match calculated P&I | Payment is based of I/O terms. Note is not I/O. | Reviewer Comment (2026-01-03): Received, Clearing. Seller Comment (2026-01-02): Comment from XXXX (XXXX): Copy of new note, original to follow Reviewer Comment (2025-12-22): The attached addendum is a Inter Vivos Revocable Trust which has nothing to do with the I/O issue. Seller Comment (2025-12-19): Comment from XXXX (XXXX): Please see attached addendum to note. |
01/03/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000099460 | XXXXX | XXXXX | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | Hazard Insurance policy not provided | Reviewer Comment (2025-12-19): Received, Clearing. Seller Comment (2025-12-19): Comment from XXXX (XXXX): XXXX |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000099460 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Need the appraisal or purchase contract for this property. | Reviewer Comment (2025-12-19): Received, Clearing. Seller Comment (2025-12-19): Comment from XXXX (XXXX): Agreement of Sale XXXX XXXXXX |
12/19/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100362 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-19): Accepted as is. |
12/19/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000089291 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-22): Clearing based on review
coming back within tolerances. |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000103843 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | There is not evidence in the file that the borrower received a
copy of the appraisal report at least three (3) business days prior to
closing. Form does not specify if appraisal was received or waived. |
Reviewer Comment (2025-12-22): Accepted as is. |
12/22/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MD | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000101642 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - Condo not provided | Missing first page of Condo Rider | Reviewer Comment (2025-12-22): Received Rider - Condo.
Exception cleared. Seller Comment (2025-12-22): Comment from XXXX (XXXX): all pages of the condo rider are ow uploaded. |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MD | Second Home | Purchase | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000100251 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Appraisal Desk Review fee increased from $XXXX to $XXXX, without a valid changed circumstance document. No cure provided. | Reviewer Comment (2025-12-31): XXXX received a valid
COC. Seller Comment (2025-12-30): Comment from XXXX (XXXX): CIC with description Reviewer Comment (2025-12-24): XXXX received Changed Circumstance dated XXXX, but it does not give sufficient information on why the Desk review fee was added. In order to determine if the changed circumstance is valid more information is necessary on reason fee added and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. Seller Comment (2025-12-23): Comment from XXXX (XXXX): CIC |
12/31/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000101115 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception for non-arms length/no ratio DSCR purchase. Comp factors - LTV XXXX%, FICO >XXXX and 24+ plus months reserves. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2025-12-19): Lender exception
conditionally approved, conditions met. |
12/19/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000105708 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-22): Accepted as is. |
12/22/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000105708 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. | Reviewer Comment (2026-01-05): Received evidence of
borrower appraisal receipt Seller Comment (2026-01-05): Comment from XXXX (XXXX): Hello Team, please see attached, thank you |
01/05/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000105708 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-01-05): Received evidence of
borrower appraisal receipt Seller Comment (2026-01-05): Comment from XXXX (XXXX): Hello Team, please see attached, thank you |
01/05/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000105708 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Calculated Available for Reserves of ___ is less than Guideline Available for Reserves of ___. | Reserves required - XXXX months (including the financed property), Calculated reserves XXXX months | Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-31): Client elects to waive with
compensating factors |
12/31/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000104693 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-23): Clearing based on review
coming back within tolerances. |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000104514 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-23): Clearing based on review
coming back within tolerances. |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000105543 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-22): Clearing based on review
coming back within tolerances. |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000105543 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | The Flood Insurance Policy effective date is after the Note Date. | Flood Insurance Policy Effective Date ___, Note Date ___ | Flood Insurance XXXX | Reviewer Comment (2025-12-23): Disbursement date XXXX Dry
State. Clearing. Seller Comment (2025-12-23): Comment from XXXX (XXXX): Hello Team, please see attached the Post Consummation CD and Final SS showing the loan disbursement on XXXX Thank you |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000105543 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary title policy is does not list coverage amount. | Reviewer Comment (2025-12-22): Accepted as is. |
12/22/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000105543 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-22): Accepted as is. |
12/22/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000105543 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Calculated Available for Reserves of ___ is less than Guideline Available for Reserves of ___. | Borrower has verified disposable income of at least $2500.00. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-31): Client elects to waive with
compensating factors |
12/31/2025 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000098011 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-19): Accepted as is. |
12/19/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000098011 | XXXXX | XXXXX | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Subject is a refinance and property is listed for sale. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | SitusAMC | Reviewer Comment (2025-12-19): Client elected to
waive/regrade with compensating factors. Lender exception provided. |
12/19/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000105490 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2025-12-22): Accepted as is. |
12/22/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101643 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Insurance Verification is missing | Reviewer Comment (2025-12-26): Vacant Land. Clearing. Seller Comment (2025-12-26): Comment from XXXX (XXXX): No insurance required as property is land only. No building on the land |
12/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MA | Second Home | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101643 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Donor Check not provided for Gift Funds totaling $XXXX. | Reviewer Comment (2025-12-29): Donor Check provided.
Cleared. Seller Comment (2025-12-29): Comment from XXXX (XXXX): Gift Reviewer Comment (2025-12-26): The donor check provided in trailing documents is not legible. Please provide more legible copy. Seller Comment (2025-12-26): Comment from XXXX (XXXX): Gift Funds |
12/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MA | Second Home | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101643 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Credit Report is missing for Borrowers XXXX & XXXX. | Reviewer Comment (2025-12-26): Received credit report Seller Comment (2025-12-26): Comment from XXXX (XXXX): Credit report |
12/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MA | Second Home | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000103308 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Reviewer Comment (2025-12-22): Accepted as is. |
12/22/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000104804 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Please provide paid receipt of Homeowners insurance in the amount of $XXXX in order to add back to available funds | Reviewer Comment (2025-12-23): Received, Clearing. Seller Comment (2025-12-23): Comment from XXXX (XXXX): HOI receipt |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101900 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | PDI Ordered XXXX | Reviewer Comment (2025-12-23): Received, Clearing. |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Second Home | Purchase | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000101900 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-22): Accepted as is. |
12/22/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NC | Second Home | Purchase | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000101900 | XXXXX | XXXXX | Property | Valuation | General | Valuation | Valuation Product pending | XXXX / Post Disaster Inspection + XXXX - 5 Days | Reviewer Comment (2025-12-23): Received, Clearing. Reviewer Comment (2025-12-23): Valuation Received - XXXX |
12/23/2025 | 1 | A | A | A | A | A | NC | Second Home | Purchase | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000106326 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Reviewer Comment (2025-12-29): XXXX received Reviewer Comment (2025-12-26): Loan was approved with an Appraisal Waiver. Full appraisal not provided. Exception remains. Buyer Comment (2025-12-26): Comment from XXXX (XXXX): Hello! What is the difference for using an appraisal that is a year old on a disaster from XXXX years ago? This requirement doesn't seem necessary. Reviewer Comment (2025-12-24): Cannot use an appraisal that is over a year old, awaiting the PDI Seller Comment (2025-12-24): Comment from XXXX (XXXX): Hello again, it looks like the borrowers purchased this loan last year and we were the lender for it, so I have provided the appraisal that was done at that time. We do however feel that it is a bit unusual for us to need to provide something for a disaster that happened over a decade ago, we have never been asked for anything like this before. Is this an overlay with XXXX? Reviewer Comment (2025-12-23): The file does not contain a property inspection since the FEMA disaster in XXXX. A property inspection report has been ordered on behalf of the buyer Buyer Comment (2025-12-23): Comment from XXXX (XXXX): Hello, can you please confirm that this is actually required, as I am not sure why we would need to provide a disaster inspection for a disaster with a date from XXXX and we are unable to find a recent disaster declaration that you might be referring to. Thanks in advance for your help! |
12/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | SD | Second Home | Refinance - Limited Cash-out GSE | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| XXXXX | 4000106326 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36 | Loans using an AUS Appraisal Waiver will need an AVM as a third-party valuation | Reviewer Comment (2025-12-29): AVM provided. Cleared. Seller Comment (2025-12-29): Comment from XXXX (XXXX): AVM attached |
12/29/2025 | 1 | D | A | B | A | D | A | C | A | D | A | SD | Second Home | Refinance - Limited Cash-out GSE | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000106326 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-12-30): Clearing. Seller Comment (2025-12-30): Comment from XXXX (XXXX): Hello! This does not correspond with the FHLMC guidelines, please see section J of the attached. Reviewer Comment (2025-12-29): Income is being used from this property to qualify; therefore, tax/ins verification is required. Buyer Comment (2025-12-29): Comment from XXXX (XXXX): This property is listed on the business tax returns for XXXX and guidelines state that if the business is responsible for full payments related to the property, then the PITIA can be excluded from DTI calculations. |
12/30/2025 | 1 | C | A | C | A | C | A | C | A | C | A | SD | Second Home | Refinance - Limited Cash-out GSE | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000106326 | XXXXX | XXXXX | Property | Valuation | General | Valuation | Valuation Product pending | XXXX / Post Disaster Inspection + XXXX - 5 Days | Reviewer Comment (2025-12-29): Received XXXX Reviewer Comment (2025-12-28): Valuation Received -XXXX |
12/29/2025 | 1 | A | A | A | A | A | SD | Second Home | Refinance - Limited Cash-out GSE | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000106326 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized, and was originated with an Appraisal Waiver. AVM supports value. Sec ID: 26 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-30): Accepted as is. |
12/30/2025 | 2 | B | B | B | B | B | SD | Second Home | Refinance - Limited Cash-out GSE | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000105108 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Reviewer Comment (2025-12-25): Received Business Purpose
Certificate. Exception cleared. Seller Comment (2025-12-24): Comment from XXXX (XXXX): Please see attached |
12/25/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000105108 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-22): Accepted as is. |
12/22/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000106083 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-23): Clearing based on review
coming back within tolerances. |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000106083 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-22): Accepted as is. |
12/22/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000105422 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-24): Cleared based on review
coming back within tolerances |
12/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MA | Second Home | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000105422 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-22): Accepted as is. |
12/22/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MA | Second Home | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101649 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2025-12-29): Received XXXX. Exception
cleared. Seller Comment (2025-12-29): Comment from XXXX (XXXX): Appraisal |
12/29/2025 | 1 | D | A | D | A | D | A | D | A | D | A | HI | Investment | Purchase | D | A | A | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 4000103375 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-12-22): Accepted as is. |
12/22/2025 | 2 | B | B | B | B | B | B | B | B | B | B | ME | Second Home | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103375 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-22): Sufficient Cure Provided At
Closing |
12/22/2025 | 1 | A | A | A | A | A | A | A | A | A | A | ME | Second Home | Purchase | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000096228 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-23): Accepted as is. |
12/23/2025 | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000096228 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus 10% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus 10% or $XXXX. Sufficient cure was provided to the borrower at Closing | Reviewer Comment (2025-12-22): Sufficient Cure Provided At
Closing |
12/22/2025 | 1 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Purchase | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000096228 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient cure was provided to the borrower at Closing | Reviewer Comment (2025-12-22): Sufficient Cure Provided At
Closing |
12/22/2025 | 1 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Purchase | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000104607 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-24): Cleared based on review
coming back within tolerances |
12/24/2025 | 1 | A | A | A | A | A | MD | Investment | Purchase | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXX | 4000102854 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Reviewer Comment (2025-12-29): Fraud Report received,
exception cleared Seller Comment (2025-12-29): Comment from XXXX (XXXX): Fraud Report |
12/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | N/A | No | ||||||||||||
| XXXXX | 4000105344 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-24): Cleared based on review
coming back within tolerances |
12/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | DC | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000102453 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-24): Cleared based on review
coming back within tolerances |
12/24/2025 | 1 | A | A | A | A | A | TX | Investment | Purchase | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXX | 4000100081 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-24): Cleared based on review
coming back within tolerances |
12/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101170 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: Occupancy Certificate not provided | Reviewer Comment (2025-12-27): Received, Clearing. Seller Comment (2025-12-26): Comment from XXXX (XXXX): Please see attached Occupancy Certificate |
12/27/2025 | 1 | C | A | C | A | C | A | C | A | C | A | AL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102110 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | AUS Findings: Loan amount discrepancy. | AUS Loan amount $XXXX does not match the Note amount of $XXXX. | Reviewer Comment (2025-12-26): Updated LP received Seller Comment (2025-12-26): Comment from XXXX (XXXX): lp |
12/26/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Refinance - Limited Cash-out GSE | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000104279 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Initial Closing Disclosure not provided to Borrower at least three (3) business days prior to closing. | Reviewer Comment (2025-12-31): XXXX received Initial CD
and proof of receipt. Buyer Comment (2025-12-30): Comment from XXXX (XXXX): Please refer to the disclosure timeline. The ICD was sent and received by the borrower on XXXX. Please waive |
12/31/2025 | 1 | C | A | C | A | C | A | C | A | C | A | UT | Second Home | Refinance - Limited Cash-out GSE | No Defined Cure | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||
| XXXXX | 4000102859 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus 10% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | 10% tolerance was exceeded by $XXXX due to increase of recording fee. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $XXXX, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2026-01-13): XXXX received LOE and as
per COC dated XXXX Seller Comment (2026-01-12): Comment from XXXX (XXXX): Please review the detailed LOE Reviewer Comment (2026-01-06): XXXX received rebuttal, however title - lenders insurance fee and title - endorsement fee was not disclosed on initial LE and added on revised LE. Please provide valid COC or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check. Seller Comment (2026-01-05): Comment from XXXX (XXXX): The borrower chose XXXX their as settlement agent which was provided to the borrower on LE dated XXXX Based on this tolerance cure is not applicable. For your reference: Recording Fee on ILE: XXXX Final CD: XXXX Recorded Documentation: XXXX Accordingly, a refund of XXXX has been provided to the borrower. |
01/13/2026 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000103465 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower | Reviewer Comment (2026-01-06): XXXX received valid
rebuttal comment and supporting document present in the loan file for the fee
was increased. Buyer Comment (2026-01-05): Comment from XXXX (XXXX): Initial LE with Loan amount was XXXX shared with the borrower on XXXX on which TT was XXXX Transfer Tax is directly linked with the loan amount. At LE -0 Loan amount was Increased to XXXX shared on same day XXXX on which TT was increased to XXXX and again, the loan amount was increased in to XXXX with the TT amount as XXXX and , in XXXX loan amount was reduced to XXXX and Transfer tax was reduced to XXXX The LE's are disclosed directly to the borrower by our automated system and CIC issued to the borrower is generic and we cannot amend it manually. |
01/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000101259 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | The file is missing copy of Security Instrument document . | Reviewer Comment (2026-01-12): Provided. Cleared. |
01/12/2026 | 1 | D | A | D | A | D | A | D | A | D | A | TN | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000098580 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-24): Appraisal receipt doc
provided. Seller Comment (2025-12-24): Comment from XXXX (XXXX): Disclosure Tracking for appraisal attached |
12/24/2025 | 1 | B | A | B | A | B | A | B | A | B | A | NY | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000098580 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2025-12-24): Accepted as is per
client. |
12/24/2025 | 2 | B | B | B | B | B | NY | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||||||
| XXXXX | 4000105815 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-24): Cleared based on review
coming back within tolerances |
12/24/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000104422 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-23): Sufficient Cure Provided At
Closing |
12/23/2025 | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | Final CD evidences Cure | B | B | B | B | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000104422 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-24): Accepted as is. |
12/24/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000082525 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Loan does not qualify under the limited compliance scope because the borrower is paying off personal debt at closing, so transaction is not considered for business purpose. | Reviewer Comment (2025-12-22): Loan re-reviewed under the
full compliance scope Reviewer Comment (2025-12-22): The loan would not be a business purpose loan if the funds used are for a non-business purpose. You will need to speak with the buyer of the loan if full testing of the loan is required since this is not a business purpose loan and a limited review cannot be done. Buyer Comment (2025-12-19): Comment from XXXX (XXXX): We could not find information in the seller program guidelines regarding limited versus full compliance, so I am not sure what full compliance review means. Are you able to clarify why cash-out proceeds cannot be used for paying borrower's personal tax lien for the agency investor program? Or what limited versus full compliance review means? Reviewer Comment (2025-12-16): We still need proof the tax lien was on the borrowers business and not them personally. Good standing doesn't prove this. Seller Comment (2025-12-15): Comment from XXXX (XXXX): the business has been restored to good standing with the FTB Reviewer Comment (2025-12-13): We need proof the tax lien was on the borrowers business and not them personally. Buyer Comment (2025-12-12): Comment from XXXX (XXXX): The income tax lien was paid off for the purpose of borrower's business income. |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000082525 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower. | Reviewer Comment (2025-12-22): Sufficient Cure Provided
within XXXX Days of Closing |
12/22/2025 | 1 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over $35) | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||||
| XXXXX | 4000102578 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-23): Accepted as is. |
12/23/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000102363 | XXXXX | XXXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | File is missing copy of E sign consent agreement. | Reviewer Comment (2026-01-08): Received E-sign Consent
Agreement. Exception cleared. Seller Comment (2026-01-07): Comment from XXXX (XXXX): Attached |
01/08/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000102363 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2025-12-26): Client elects to XXXX |
12/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CT | Investment | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000102363 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Business Purpose Certificate is missing. | Reviewer Comment (2026-01-13): Received, Clearing. Seller Comment (2026-01-13): Comment from XXXX (XXXX): Attached |
01/13/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000102363 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-12-26): Client elects to XXXX |
12/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CT | Investment | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000104836 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-29): Cleared based on review
coming back within tolerances |
12/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000104093 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-29): Cleared based on review
coming back within tolerances |
12/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Refinance - Cash-out - Home Improvement | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000104872 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-29): Cleared based on review
coming back within tolerances |
12/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000104726 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | The security instrument is not signed by the borrower, provide fully executed security instrument. | Reviewer Comment (2025-12-31): Received Signed copy of
Security Instrument. Exception cleared. Seller Comment (2025-12-31): Comment from XXXX (XXXX): Hello, the Borrower signed the XXXX on XXXX, thank you. |
12/31/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Purchase | D | B | D | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000104726 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to the borrower within 3 business days of consummation. | Reviewer Comment (2025-12-26): Client elects to waive |
12/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | D | B | D | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000104629 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-29): Cleared based on review
coming back within tolerances |
12/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102520 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date of XXXX. | Reviewer Comment (2025-12-30): Received, Clearing. Seller Comment (2025-12-30): Comment from XXXX (XXXX): See attached XXXX updating the Disbursement date and the proof of delivery |
12/30/2025 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000103246 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Pest Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-01-12): XXXX received corrected
PCCD and LOE moving the borrower chosen fee from section XXXX XXXX Seller Comment (2026-01-09): Comment from XXXX (XXXX): LOX/PCCD XXXX relocated to section XXXX as borrower chosen |
01/12/2026 | 1 | C | A | C | A | C | A | C | A | C | A | SC | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000105790 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-26): Client elects to waive |
12/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | D | B | C | A | B | B | D | A | N/A | No | |||||||||||
| XXXXX | 4000105790 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Business Purpose Certificate not provided. | Reviewer Comment (2026-01-07): XXXX provided. Cleared. Seller Comment (2026-01-07): Comment from XXXX (XXXX): Please see business purpose to clear condition |
01/07/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | D | B | C | A | B | B | D | A | N/A | No | ||||||||||||
| XXXXX | 4000105790 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Lease agreement and Mortgage statement not in file for XXXX, XXXX, XXXX. | Reviewer Comment (2026-01-02): Received Rent Schedule and
First Payment Letter. Exception cleared. Seller Comment (2025-12-31): Comment from XXXX (XXXX): Per our underwriter, this property was a concurrent purchase that had not closed prior to this transaction, Rental income was calculated using rental comparisons within the appraisal. Please see attached payment letter and appraisals. Agencies require we use either XXXX or rental agreements. |
01/02/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | D | B | C | A | B | B | D | A | N/A | No | |||||||||||
| XXXXX | 4000105790 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Lease agreement and Mortgage statement not in file for XXXX, XXXX, XXXX. | Reviewer Comment (2026-01-02): Received Rent Schedule and
First Payment Letter. Exception cleared. Seller Comment (2025-12-31): Comment from XXXX (XXXX): Per our underwriter, this property was a concurrent purchase that had not closed prior to this transaction, Rental income was calculated using rental comparisons within the appraisal. Please see attached payment letter and appraisals. Agencies require we use either XXXX or rental agreements. |
01/02/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | D | B | C | A | B | B | D | A | N/A | No | |||||||||||
| XXXXX | 4000105790 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2026-01-09): Received CDA. Exception
cleared. Seller Comment (2026-01-08): Comment from XXXX (XXXX): please CDA report to clear condition |
01/09/2026 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Purchase | D | B | C | A | B | B | D | A | N/A | No | |||||||||||||
| XXXXX | 4000092507 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of ___ is less than Guideline minimum loan amount of ___. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC |
Reviewer Comment (2026-01-02): Client exception
received. Seller Comment (2025-12-31): Comment from XXXX (XXXX): exception |
01/02/2026 | 2 | C | B | C | B | C | B | C | B | C | B | KY | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000104722 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-26): Client elects to XXXX |
12/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000104722 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing copy of Tax Verification | Reviewer Comment (2025-12-29): Received property history
report. Exception cleared. Seller Comment (2025-12-29): Comment from XXXX (XXXX): Hello, please see attached. |
12/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000104722 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2025-12-26): Client elects to XXXX |
12/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000103950 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-30): Clearing based on review
coming back within tolerances. |
12/30/2025 | 1 | C | A | C | A | C | A | C | A | C | A | IN | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000105665 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2025-12-29): Client elects to waive |
12/29/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NC | Second Home | Purchase | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000103285 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-26): Client elects to waive |
12/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Refinance - Limited Cash-out GSE | B | B | A | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000105679 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | A valid UCDP score was not provided. A secondary valuation is required to support the primary value for securitization purposes | Reviewer Comment (2025-12-30): Received UCDP Submission
Summary Report with CU score of XXXXHence Secondary Valuation is not
required. Exception cleared. Seller Comment (2025-12-30): Comment from XXXX (XXXX): Secondary valuation is not required since XXXX score is less than XXXX See attached. |
12/30/2025 | 1 | D | A | D | A | D | A | D | A | D | A | VA | Primary | Purchase | D | A | A | A | A | A | D | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000098558 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing a copy of the insurance and tax verification for REO, XXXX | Reviewer Comment (2026-01-07): Received Closing Disclosure
confirms that the monthly XXXX and XXXX&XXXX are Escrowed for the
property XXXX, XXXX, XXXX. Exception cleared. Seller Comment (2026-01-07): Comment from XXXX (XXXX): Please see closing disclosure as the loan just closed Reviewer Comment (2026-01-05): Please provide Mortgage statement, First payment letter or Closing disclosure to verify Tax and Insurance are escrowed and monthly mortgage payment of P&I XXXX for the property XXXX XXX XXXXX, XXXX Exception remains. Buyer Comment (2026-01-05): Comment from XXXX (XXXX): Taxes and XXXX are included in escrow please waive |
01/07/2026 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000098558 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing | Reviewer Comment (2026-01-06): XXXX received Initial CD
and proof of receipt. Buyer Comment (2026-01-05): Comment from XXXX (XXXX): Please see timeline. XXXX was received XXXX days before closing |
01/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | No Defined Cure | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||
| XXXXX | 4000106065 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-26): Client elects to waive |
12/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102778 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Hazard Insurance and Tax Verification is missing for REO. | Reviewer Comment (2026-01-09): Received Statement, Tax
Verification. Exception cleared. Seller Comment (2026-01-09): Comment from XXXX (XXXX): XXXX *Borrower only on title** |
01/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Refinance - Limited Cash-out GSE | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000099794 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-29): Cleared based on review
coming back within tolerances |
12/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000095975 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: Occupancy Certificate not provided | Occupancy Certificate is missing. | Reviewer Comment (2026-01-02): Associated Occupancy
Certificate. Exception cleared. Seller Comment (2025-12-31): Comment from XXXX (XXXX): XXXX: Please see attached document Reviewer Comment (2025-12-29): Per guidelines, All Borrower(s) must execute the Occupancy Certification or similar form. Exception remains. Buyer Comment (2025-12-29): Comment from XXXX (XXXX): XXXX A Certificate of occupancy is not required. According to the XXXX guidance Based on the provided documents, a Certificate of Occupancy (COO) is typically required in the following scenarios: New Construction Scenarios [4]: When the subject property is a new construction To confirm the property has passed local jurisdiction inspections This property does not meet this criteria. |
01/02/2026 | 1 | C | A | C | A | C | A | C | A | C | A | MI | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100595 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-29): Client elects to waive |
12/29/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NV | Investment | Refinance - Limited Cash-out GSE | B | B | A | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000105054 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-26): Sufficient Cure Provided At
Closing |
12/26/2025 | 1 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Purchase | Final CD evidences Cure | C | A | C | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000105054 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Missing evidence of receipt of donor check in the amount of $XXXX. | Reviewer Comment (2026-01-02): Documentation received,
exception cleared Seller Comment (2026-01-02): Comment from XXXX (XXXX): XXXX: There are two XXXX deposits that were verified that would equal the XXXX Reviewer Comment (2025-12-30): Reviewed the wire receipt for the cancelled checks, still missing the receipt of the gift funds in the amount of XXXX. Verified gift funds for XXXX and XXXX Seller Comment (2025-12-30): Comment from XXXX (XXXX): XXXX: Please see attached title wire receipts for the XXXX, XXXX & XXXX |
01/02/2026 | 1 | C | A | C | A | C | A | C | A | C | A | OR | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000101250 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing a copy of the tax and insurance verification for REO,XXXX XXXX | Reviewer Comment (2026-01-01): Received tax and insurance
verification. Exception cleared. Seller Comment (2025-12-31): Comment from XXXX (XXXX): Taxes and XXXX |
01/01/2026 | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000101250 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-29): Sufficient Cure Provided At
Closing |
12/29/2025 | 1 | A | A | A | A | A | A | A | A | A | A | OK | Investment | Refinance - Cash-out - Other | Final CD evidences Cure | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||||
| XXXXX | 4000100704 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. | Reviewer Comment (2025-12-26): Client elects to waive |
12/26/2025 | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Investment | Refinance - Rate/Term | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000099463 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | Credit Report is missing. | Reviewer Comment (2025-12-29): Credit Report received,
exception cleared Seller Comment (2025-12-29): Comment from XXXX (XXXX): credit report |
12/29/2025 | 1 | D | A | D | A | D | A | D | A | D | A | NJ | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103850 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36 | Loans using an AUS Appraisal Waiver will need an AVM as a third-party valuation | Reviewer Comment (2026-01-07): Received AVM. Exception
cleared. Seller Comment (2026-01-06): Comment from XXXX (XXXX): AVM |
01/07/2026 | 1 | D | A | B | A | D | A | C | A | D | A | OK | Second Home | Purchase | D | B | C | A | A | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000103850 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | PDI ordered XXXX | Reviewer Comment (2026-01-02): Received, Clearing. |
01/02/2026 | 1 | C | A | C | A | C | A | C | A | C | A | OK | Second Home | Purchase | D | B | C | A | A | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000103850 | XXXXX | XXXXX | Property | Valuation | General | Valuation | Valuation Product pending | XXXX/ Post Disaster Inspection + XXXX - XXXX Days | Reviewer Comment (2026-01-02): Received, Clearing. Reviewer Comment (2026-01-01): Valuation Received - XXXX |
01/02/2026 | 1 | A | A | A | A | A | OK | Second Home | Purchase | D | B | C | A | A | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000103850 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-01-07): Accepted as is. |
01/07/2026 | 2 | B | B | B | B | B | OK | Second Home | Purchase | D | B | C | A | A | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000103850 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-01-07): Accepted as is. |
01/07/2026 | 2 | B | B | B | B | B | OK | Second Home | Purchase | D | B | C | A | A | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| XXXXX | 4000105593 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-29): Client elects to waive |
12/29/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000105593 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date of XXXX. | Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date of XXXX. | Reviewer Comment (2025-12-30): Received, Clearing. Seller Comment (2025-12-29): Comment from XXXX (XXXX): Please see attached PCCD items to clear condition |
12/30/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000104007 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Document Preparation Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Document Preparation Fee increased from $XXXXto $XXXX a difference of $XXXX. A cure of $XXXX was provided. | Reviewer Comment (2025-12-26): Sufficient Cure Provided At
Closing |
12/26/2025 | 1 | A | A | A | A | A | A | A | A | A | A | IL | Second Home | Refinance - Limited Cash-out GSE | Final CD evidences Cure | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000104007 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Receipt of Appraisal is missing for CDA. | Reviewer Comment (2025-12-29): Client elects to waive |
12/29/2025 | 2 | B | B | B | B | B | B | B | B | B | B | IL | Second Home | Refinance - Limited Cash-out GSE | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000101918 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-30): Clearing based on review
coming back within tolerances. |
12/30/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102440 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt Of Appraisal is missing. | Reviewer Comment (2025-12-30): Accepted as is. |
12/30/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102440 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt Of Appraisal is missing. | Reviewer Comment (2025-12-30): Accepted as is. |
12/30/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102440 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | Reviewer Comment (2026-01-02): Associated VVOE. Exception
cleared. Seller Comment (2025-12-31): Comment from XXXX (XXXX): Hello, please see attached. |
01/02/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000106980 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-29): Client elects to waive |
12/29/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000106979 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The appraisal was made subject to inspection of the garage. The 442 does not indicate the garage was inspected. | Reviewer Comment (2026-01-06): 442 indicates all
improvements have been completed Buyer Comment (2026-01-06): Comment from XXXX (XXXX): Hello Team, the subject to is for original appraisal report. The complete one is for the 1004D. Please help to review. Reviewer Comment (2025-12-30): The appraisal needs to be updated if the appraiser satisfied the condition. The appraisal has conflicting information as some say inspection was completed but others still have it subject to. Seller Comment (2025-12-30): Comment from XXXX (XXXX): Hello, please see attached, thank you |
01/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102228 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Guidelines state each borrower must have a minimum of 3 tradelines from traditional credit sources that reported for XXXX months or more and at least 1 of these must be open and active for the last XXXX months. The borrower has at least 3 tradelines that reported for XXXX months or more but of these, the only one that is currently open and active in the last XXXX months has a XXXX-day late in XXXX. Lender exception approved. | Borrower has owned the subject property for at least 5 years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-29): Client elects to
waive/regrade with compensating factors. |
12/29/2025 | 2 | B | B | B | B | B | B | B | B | B | B | GA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000097785 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-29): Client elects to waive |
12/29/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Refinance - Rate/Term | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103125 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-30): Accepted as is. |
12/30/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000106461 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2025-12-30): Accepted as is. |
12/30/2025 | 2 | B | B | B | B | B | B | B | B | B | B | MI | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000101763 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus 10% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided. | Reviewer Comment (2026-01-13): XXXX received valid
rebuttal comment and upon further review, title fees are added with
subsequent LE, and final CD and the fees are within that tolerance
requirement. Seller Comment (2026-01-12): Comment from XXXX (XXXX): The borrower chose XXXX XXXX XXX as the settlement agent which was provided to the borrower on LE 0 dated XXXX. Based on this tolerance cure is not applicable. |
01/13/2026 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | N/A | Non QM | Yes | |||||||||
| XXXXX | 4000101763 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Insurance Verification and Tax Verification are missing for property XXXX, XXXX, XXXX XXXX | Reviewer Comment (2026-01-06): Received Closing Disclosure
confirms that the monthly P&I and Taxes & Insurances are Escrowed for
the property XXXX XXXX, XXXX. Exception cleared. Buyer Comment (2026-01-06): Comment from XXXX (XXXX): HOI and Taxes are escrowed please waive |
01/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | N/A | Non QM | No | ||||||||||
| XXXXX | 4000106530 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Preliminary Title does not list coverage amount. | Reviewer Comment (2025-12-30): Accepted as is. |
12/30/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000104672 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-12-31): Accepted as is. |
12/31/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WA | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000105811 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-31): Clearing based on review
coming back within tolerances. |
12/31/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000105811 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-12-30): Accepted as is. |
12/30/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103576 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | There is not evidence in the file that the borrower received a copy of the appraisal report at least three (3) business days prior to closing. | Reviewer Comment (2025-12-30): Accepted as is. |
12/30/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000100794 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-12-31): Accepted as is. |
12/31/2025 | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000100794 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus 10% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided to the borrower . | Reviewer Comment (2026-01-02): XXXX received LOE
suffice Seller Comment (2025-12-31): Comment from XXXX (XXXX): Please see attached. |
01/02/2026 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000100794 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided to the borrower . | Reviewer Comment (2026-01-02): XXXX received LOE
suffice Seller Comment (2025-12-31): Comment from XXXX (XXXX): Please see attached. |
01/02/2026 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000102547 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-01-06): Clearing based on review
coming back within tolerances. |
01/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000103467 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good standing is required, unable to accept a processor cert. | Reviewer Comment (2026-01-07): Received, cleared Seller Comment (2026-01-07): Comment from XXXX (XXXX): Dept of State |
01/07/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102417 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Mortgage statement missing for the REO - XXXX, XXXX, XXXX and XXXX, XXXX, XXXX. Missing the tax verification for XXXX, XXXX, XXXX. | Reviewer Comment (2026-01-06): Received First Payment
Letter. Exception cleared. Seller Comment (2026-01-06): Comment from XXXX (XXXX): First payment letters for XXXX and XXXX Taxes forXXXX included in maintenance fee as it is a coop; provided stmt, proof its a coop and info on how taxes are paid in coops. |
01/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | B | C | A | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXX | 4000102417 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-01-02): Client elects to waive |
01/02/2026 | 2 | B | B | B | B | B | B | B | B | B | B | TN | Investment | Purchase | C | B | C | A | B | B | A | A | Non QM | N/A | No | |||||||||||
| XXXXX | 4000101661 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-01-06): Clearing based on review
coming back within tolerances. |
01/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101617 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-01-06): Clearing based on review
coming back within tolerances. |
01/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101617 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Vacation Rental Website Listing not provided | Missing XXXX to determine short term rental income. | Reviewer Comment (2026-01-07): Received, Clearing. Seller Comment (2026-01-07): Comment from XXXX (XXXX): XXXX and account info |
01/07/2026 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101617 | XXXXX | XXXXX | Credit | Guideline | Guideline Issue | Guideline | Short Term Rental property consistently used as a seasonal or vacation rental (i.e., AirBnB) and evidence of at least 12 months of Operating History is not present in the loan file. | Twelve months of operating history is missing. | Reviewer Comment (2026-01-07): Received, Clearing. Seller Comment (2026-01-07): Comment from XXXX (XXXX): look back and XXXX |
01/07/2026 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000106747 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-31): Accepted as is. |
12/31/2025 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000106747 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide updated Final 1003 with Declarations section filled in. | Reviewer Comment (2026-01-02): Received final signed
XXXX Seller Comment (2026-01-02): Comment from XXXX (XXXX): signed XXXX Reviewer Comment (2026-01-02): The corrected 1003 needs to be signed and changes initialed by the borrower. Seller Comment (2025-12-31): Comment from XXXX (XXXX): 1003 XXXX |
01/02/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000102442 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-01-05): Accepted as is. |
01/05/2026 | 2 | B | B | B | B | B | B | B | B | B | B | TN | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000102442 | XXXXX | XXXXX | Credit | Property - Appraisal | Property Eligibility - Subject and Improvements | Property - Appraisal | Log homes are ineligible per guidelines. | Reviewer Comment (2026-01-12): Received, Clearing. Buyer Comment (2026-01-12): Comment from XXXX (XXXX): On page XXXX of the report, appraiser comments that the property has XXXX |
01/12/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||||
| XXXXX | 4000103382 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided | Reviewer Comment (2026-01-07): Received, Clearing. Seller Comment (2026-01-07): Comment from XXXX (XXXX): XXXX |
01/07/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000102961 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-01-02): Client elects to waive |
01/02/2026 | 2 | B | B | B | B | B | B | B | B | B | B | MD | Second Home | Purchase | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000102961 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | The date the appraisal was provided to the borrower is prior to the date the appraisal was performed. | Reviewer Comment (2026-01-02): Client elects to waive |
01/02/2026 | 2 | B | B | B | B | B | B | B | B | B | B | MD | Second Home | Purchase | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXXXX | 4000105004 | XXXXX | XXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-01-05): Final Title Policy
received, exception cleared |
01/05/2026 | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | A | A | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000105004 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-01-05): Final title received,
exception cleared Seller Comment (2026-01-05): Comment from XXXX (XXXX): Please see attached Final Title Policy |
01/05/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | A | A | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000105004 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2026-01-05): UCDP with acceptable risk
score received, exception cleared Seller Comment (2026-01-05): Comment from XXXX (XXXX): Please see attached SSR |
01/05/2026 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | A | A | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000099891 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | The file is missing copy of Closing Disclosure / HUD . | Reviewer Comment (2026-01-09): Clearing. Seller Comment (2026-01-09): Comment from XXXX (XXXX): XXXX properties do not have a CD or HUD. ALTA's do not need to be signed |
01/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000104286 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Approval/1008 is missing. | Reviewer Comment (2026-01-02): Received Loan Underwriting
and Transmittal Summary XXXX Exception cleared. Seller Comment (2026-01-02): Comment from XXXX (XXXX): Please see attached |
01/02/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000104286 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Articles of Organization/Formation is missing. | Reviewer Comment (2026-01-03): Received, Clearing. Seller Comment (2026-01-02): Comment from XXXX (XXXX): Please see attached |
01/03/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000104286 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good Standing is missing. | Reviewer Comment (2026-01-03): Received, Clearing. Seller Comment (2026-01-02): Comment from XXXX (XXXX): Please see attached. |
01/03/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000104286 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Corporate Resolution is missing. | Reviewer Comment (2026-01-03): Received, Clearing. |
01/03/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000104286 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | Employer Identification Number (EIN) is missing. | Reviewer Comment (2026-01-05): Received, Clearing. Seller Comment (2026-01-05): Comment from XXXX (XXXX): Please see attached |
01/05/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000104286 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing. | Reviewer Comment (2026-01-03): Received, Clearing. Seller Comment (2026-01-02): Comment from XXXX (XXXX): Please see attached |
01/03/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000105779 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA - Initial Escrow Account statement Inaccurate | RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure. | The final CD disclosed the Amount of Escrowed Property Costs over Year XXXX as $XXXXon page XXXX; however the Property Taxes is $XXXXper month Insurance $XXXXmonthly . Correct amount is $XXXXper month. Provide a post-close CD correcting the Escrow Account section and a copy of the letter of explanation letter sent to the borrower disclosing the changes made. | Reviewer Comment (2026-01-02): Client elects to waive |
01/02/2026 | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Second Home | Purchase | If the IEAD is correct and the CD/HUD is incorrect, we require a
corrected PCCD/HUD with LOE to borrower to cure. Signature is not
required. If the CD/HUD is correct and the IEAD is incorrect, we require LOE and corrected IEAD to cure. Signature is not required. |
B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| XXXXX | 4000104107 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Insurance Verification & Tax Verification is Missing | Reviewer Comment (2026-01-13): Received Insurance and Tax
Verification. Exception cleared. Seller Comment (2026-01-13): Comment from XXXX (XXXX): XXXX |
01/13/2026 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000104107 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | The file did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost, the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX | Reviewer Comment (2026-01-13): Received Replacement Cost
Estimator and the shortfall is covered. Exception cleared. Seller Comment (2026-01-13): Comment from XXXX (XXXX): XXXX |
01/13/2026 | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000104107 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-31): Accepted as is. |
12/31/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NC | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000105126 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-01-05): Accepted as is. |
01/05/2026 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000104004 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Loan Designation updated to Non-QM as per Deal. | Reviewer Comment (2026-01-06): Accepted as is. |
01/06/2026 | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000104004 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) New York Subprime Loan (Provision Increasing Rate After Default) | New York Subprime Loan: Mortgage loan contains a provision that increases interest rate after default. | Mortgage loan contains a provision that increases interest rate after default. | Reviewer Comment (2026-01-06): Accepted as is. |
01/06/2026 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | Provide the following: Letter of Explanation, modification of loan terms to remove the provision to increase the interest rate after default and proof of mailing. | C | B | C | A | B | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000104004 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) New York Subprime Loan (Escrow Not Established) | New York Subprime Loan: Mandatory escrow account not established for the collection of property taxes and insurance. (Note: Does not apply to a subordinate lien when the taxes and insurance are escrowed through another home loan. It also does not apply if the borrower can demonstrate a record of XXXX months of timely payments of taxes and insurance on a previous home loan.) | Mandatory escrow account not established for the collection of property taxes and insurance. | Reviewer Comment (2026-01-06): Accepted as is. |
01/06/2026 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000104004 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX+ XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX+ XXXX%, or XXXX%. Non-Compliant SubPrime Loan | Reviewer Comment (2026-01-06): Accepted as is. |
01/06/2026 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | C | B | C | A | B | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000104004 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing evidence of taxes and insurance | Reviewer Comment (2026-01-12): Cleared, subject is a COOP,
documentation provided. Seller Comment (2026-01-12): Comment from XXXX (XXXX): The property in question is a coop, there is documentation in file for the monthly maintenance fee (XXXX ) which was included in the DTI and, as is standard for XXXX coops, includes property tax and coop insurance. |
01/12/2026 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103440 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-01-07): Clearing based on review
coming back within tolerances. |
01/07/2026 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000104797 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Missing Fraud Report Not Provided | Reviewer Comment (2026-01-08): Received Fraud Report.
Exception cleared. Seller Comment (2026-01-07): Comment from XXXX (XXXX): fraud attached |
01/08/2026 | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000104418 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-01-05): Accepted as is. |
01/05/2026 | 2 | B | B | B | B | B | B | B | B | B | B | CO | Investment | Refinance - Rate/Term | B | B | A | A | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000101916 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Personal not provided | Bank Statement is missing from XXXX, Account Number #XXXX. Reserve/Closing Cost requirements subject to change upon receipt. | Reviewer Comment (2026-01-06): Two months statements
received, cleared Seller Comment (2026-01-06): Comment from XXXX (XXXX): Statement |
01/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101916 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Personal not provided | Bank Statement is missing from XXXX, Account Number #XXXX. Reserve/Closing Cost requirements subject to change upon receipt. | Reviewer Comment (2026-01-06): Two months statements
received, cleared Seller Comment (2026-01-06): Comment from XXXX (XXXX): Statement |
01/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000102757 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The appraisal provided in the credit package is signed post-closing. Please provide the appraisal performed and signed by the appraiser prior to the note date. | Reviewer Comment (2026-01-06): Earlier appraisal
received Seller Comment (2026-01-06): Comment from Purchasing Team (XXXX): REBUTTAL |
01/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000104654 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Flood insurance coverage amount is insufficient. | Flood Insurance Coverage Amount is insufficient. Coverage is short $XXXX. | Reviewer Comment (2026-01-12): Flood policy is a blanket
policy for the condo complex, cleared Seller Comment (2026-01-12): Comment from XXXX (XXXX): The Master ins has coverage of XXXX per unit. The borrower also got additional coverage of XXXX totaling Approx XXXX Borrowers have more than enough coverage. |
01/12/2026 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000106062 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-01-06): Clearing based on review
coming back within tolerances. |
01/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000106062 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-01-06): Accepted as is. |
01/06/2026 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000106062 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-01-06): Accepted as is. |
01/06/2026 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000104808 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-01-06): Clearing based on review
coming back within tolerances. |
01/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000105847 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HELOC Agreement not provided | The HELOC agreement is missing for evidence of the HELOC proceeds | Reviewer Comment (2026-01-09): Received HELOC agreement.
Exception cleared. Seller Comment (2026-01-08): Comment from XXXX (XXXX): Please see HELOC documentation |
01/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000104775 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | No evidence of fraud report in file. | Reviewer Comment (2026-01-12): Fraud report provided.
Cleared. Seller Comment (2026-01-12): Comment from XXXX (XXXX): Please see attached fraud report. |
01/12/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000102518 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) | Texas Constitution Section 50(a)(6): Acceptable FNMA title insurance endorsements not obtained for home equity loan. The loan file does not evidence the Title Policy includes the Texas T-42 endorsement or the T-42.1 endorsement. (The loan is a Texas Section 50 (a)(6) home equity loan.) | Reviewer Comment (2026-01-06): Accepted as is. |
01/06/2026 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000108802 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-01-06): Client elects to waive |
01/06/2026 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000108802 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | AUS Findings: Property type discrepancy. | The appraisal indicates a single family, AUS reflects PUD and PUD rider in file. | Reviewer Comment (2026-01-07): Received Appraisal-XXXX
which is reflecting property type as PUD. Exception cleared. Seller Comment (2026-01-06): Comment from XXXX (XXXX): Corrected Appraisal showing XXXX |
01/07/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000107115 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-01-06): Client elects to waive |
01/06/2026 | 2 | B | B | B | B | B | B | B | B | B | B | VA | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000107115 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Fraud Report is missing for all borrowers | Reviewer Comment (2026-01-08): Received Fraud Report.
Exception cleared. Seller Comment (2026-01-07): Comment from XXXX (XXXX): Hello, please see attached. |
01/08/2026 | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000105743 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-01-07): Clearing based on review
coming back within tolerances. Reviewer Comment (2026-01-07): Buyer ordered review. Nothing needed at this time. Seller Comment (2026-01-07): Comment from XXXX (XXXX): Hello, please see attached, the score is below thanXXXX Thank you |
01/07/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000108719 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Reviewer Comment (2026-01-09): Commercial property per
property report in file. No XXXX Reviewer Comment (2026-01-08): Comment or documentation not provided. Exception remains. Buyer Comment (2026-01-08): Comment from XXXX (XXXX): see comments |
01/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Second Home | Purchase | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000108719 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Reviewer Comment (2026-01-09): Per property report in
file, property is land only. Taxes verified Reviewer Comment (2026-01-08): Comment or documentation not provided. Exception remains. Buyer Comment (2026-01-08): Comment from XXXX (XXXX): see comments |
01/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Second Home | Purchase | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000108719 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided | Business Account statement for account # XXXXis missing. | Reviewer Comment (2026-01-08): Bank statements provided.
Cleared. Seller Comment (2026-01-08): Comment from XXXX (XXXX): uploading missing XXXX statements forXXXX |
01/08/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Second Home | Purchase | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXXXX | 4000108869 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Reviewer Comment (2026-01-09): Received, Clearing. Seller Comment (2026-01-08): Comment from XXXX (XXXX): Please review the attached. |
01/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Limited Cash-out GSE | C | A | C | A | A | A | A | A | N/A | No | |||||||||||||
| XXXXX | 4000108869 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | AUS Findings: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of XXXX% exceeds AUS total debt ratio of XXXX%. | Reviewer Comment (2026-01-08): Received AUS. Exception
cleared. Seller Comment (2026-01-07): Comment from XXXX (XXXX): Please review the attached, thank you. |
01/08/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Limited Cash-out GSE | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000103557 | XXXXX | XXXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | E sign Consent agreement is missing in file. | Reviewer Comment (2026-01-13): Received E-Sign Consent
Agreement. Exception cleared. Seller Comment (2026-01-12): Comment from XXXX (XXXX): Please see attached doc audit report that includes econsent. |
01/13/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Limited Cash-out GSE | C | B | C | B | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000103557 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $XXXXis less than the note amount of $XXXXbased on the Preliminary in file. | Reviewer Comment (2026-01-07): Accepted as is. |
01/07/2026 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Limited Cash-out GSE | C | B | C | B | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000105565 | XXXXX | XXXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | E-Sign Agreement is missing | Reviewer Comment (2026-01-12): Received, Clearing. Seller Comment (2026-01-12): Comment from XXXX (XXXX): misc docs |
01/12/2026 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| XXXXX | 4000105565 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Incomplete fraud report provided in file | Reviewer Comment (2026-01-12): Fraud Report provided.
Cleared. Seller Comment (2026-01-12): Comment from XXXX (XXXX): misc doc |
01/12/2026 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000105858 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-01-08): Clearing based on review
coming back within tolerances. |
01/08/2026 | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Purchase | C | A | C | A | C | A | N/A | No | |||||||||||||||
| XXXXX | 4000105858 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. The valuation selected as "Use for LTV" was obtained post-close. Sec ID: 25 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-01-09): Received, Clearing. Seller Comment (2026-01-09): Comment from XXXX (XXXX): Please see original 1004 report. report dated XXXX was done to correct county name field. |
01/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Purchase | C | A | C | A | C | A | N/A | No | ||||||||||||||
| XXXXX | 4000105575 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | D0516 Reflect Appraisal sent XXXX. | Reviewer Comment (2026-01-07): Accepted as is. |
01/07/2026 | 2 | B | B | B | B | B | B | B | B | B | B | TN | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000108084 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary title policy is within CA and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-01-07): Accepted as is. |
01/07/2026 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000108084 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-01-07): Accepted as is. |
01/07/2026 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000105125 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/XXXX) | Reviewer Comment (2026-01-07): Accepted as is. |
01/07/2026 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000105125 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary title policy amount is blank. | Reviewer Comment (2026-01-07): Accepted as is. |
01/07/2026 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000107715 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXXexceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower. | Reviewer Comment (2026-01-07): Sufficient Cure Provided
within XXXX Days of Closing |
01/07/2026 | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Rate/Term | Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over $35) | C | A | C | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000107715 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-01-09): Clearing based on review
coming back within tolerances. |
01/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000107266 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-01-09): Clearing based on review
coming back within tolerances. |
01/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000106115 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $XXXXis less than the note amount of $XXXX | Reviewer Comment (2026-01-08): Accepted as is. Affected Loans |
01/08/2026 | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000104561 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-01-09): Accepted as is. |
01/09/2026 | 2 | B | B | B | B | B | B | B | B | B | B | IN | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000107480 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2026-01-13): Received, Clearing. Seller Comment (2026-01-13): Comment from XXXX (XXXX): Please see attached SSR |
01/13/2026 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Purchase | D | B | A | A | C | B | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000107480 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided onXXXXdid not disclose why they are declining an escrow account. | Reviewer Comment (2026-01-13): XXXX received corrected
PCCD and LOE Seller Comment (2026-01-13): Comment from XXXX (XXXX): Please see attached |
01/13/2026 | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | D | B | A | A | C | B | D | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000101636 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided | Business Account Statements for Account #XXXXMissing, as listed on 1003. | Reviewer Comment (2026-01-13): Received Bank statements.
Exception cleared. Seller Comment (2026-01-13): Comment from XXXX (XXXX): XXXX |
01/13/2026 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101636 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Personal not provided | Personal Account Statements for Account #XXXXis Missing, as listed on 1003. | Reviewer Comment (2026-01-13): Received Bank statements.
Exception cleared. Seller Comment (2026-01-13): Comment from XXXX (XXXX): XXXX |
01/13/2026 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000104318 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Date valuation provided to applicant is prior to the date when valuation was performed. | Reviewer Comment (2026-01-12): Accepted as is. |
01/12/2026 | 2 | B | B | B | B | B | B | B | B | B | B | TN | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000106176 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-01-28): Accepted as is. |
01/28/2026 | 2 | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXX | 4000106197 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Replacement Estimator is required as coverage shortfall by $XXXX. | Reviewer Comment (2025-12-03): Dwelling amount covers the
loan amount. Exception cleared Buyer Comment (2025-12-01): Please find dec page reflecting 100% replacement coverage. Thank you. |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000106197 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXXexceeds tolerance of $XXXXplus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | XXXX% tolerance was exceeded by $XXXXdue to increase of Endorsement fee. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $XXXX, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2025-12-02): Sufficient cure provided.
Full cure amount for tolerance violation was provided at or before closing
(on final CD) resulting in a cleared exception. Buyer Comment (2025-12-01): Lender Credit is already there in the Final CD for the increase in Endorsement Fees. |
12/02/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000106197 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXXexceeds tolerance of $XXXXplus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-12-02): Sufficient Cure Provided At
Closing |
12/02/2025 | 1 | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||||||||
| XXXXX | 4000106197 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-01-09): CDFI lender testing ATR. |
01/09/2026 | 2 | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXX | 4000106222 | XXXXX | XXXXX | Credit | Credit | Transaction Error | Credit | Transaction Error: Total Cash-out on a purchase transaction. | The final closing disclosure states that the borrower get cash back. | Reviewer Comment (2025-12-04): Revalidated data and
updated. Exception cleared. Buyer Comment (2025-12-02): proceeds from sale of XXXX were transferred directly to the title company. Excess funds were returned to the borrower. This is permitted. |
12/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | ID | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000106222 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Loan originated as Primary residence, yet URLA declarations indicates borrower will not occupy. | - | Reviewer Comment (2025-12-05): Received updated 1003 with
corrected Section 5. Exception cleared. Buyer Comment (2025-12-03): summary Buyer Comment (2025-12-03): 1003 |
12/05/2025 | 1 | C | A | C | A | C | A | C | A | C | A | ID | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000106222 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-01-09): CDFI lender testing ATR. |
01/09/2026 | 2 | A | A | A | A | A | ID | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXX | 4000103907 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. | Loan Estimate not delivered to Borrower within three business days of application. | Reviewer Comment (2025-12-10): XXXX received e-consent
dated XXXX Buyer Comment (2025-12-09): Attached find the signed Initial LE from XXXX and the Elec signature from XXXX |
12/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103907 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-01-09): CDFI lender testing XXXX
. |
01/09/2026 | 2 | A | A | A | A | A | FL | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXX | 4000103911 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Mismatch of data related to Occupancy. | - | The subject is a second home transaction, but borrower #2 has declared in 1003 that property will be used as primary residence. | Reviewer Comment (2025-11-10): Corrected 1003 received,
exception cleared. Buyer Comment (2025-11-07): XXXX Please see attached |
11/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103911 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Disparity in Occupancy - Not Tested As Primary | The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Second Home). Determination has not been made as to whether the loan would be High Cost and/or HPML if ran as a Primary Residence. | The subject is a second home transaction, but borrower #2 has declared in 1003 that property will be used as primary residence. | Reviewer Comment (2025-11-11): Corrected 1003 received,
exception cleared. Buyer Comment (2025-11-07): XXXX -Please see attached |
11/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103911 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | File is missing evidence of receipt for Initial Closing Disclosure within 3 business days prior to closing. | Reviewer Comment (2025-11-10): XXXX received Attestation
letter and disclosure Tracking for CD dated XXXX received to consumer XXXX business days prior to the consummation. Buyer Comment (2025-11-07): Please see attachedXXXX Audit |
11/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | No Defined Cure | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000103911 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-01-09): CDFI lender testing ATR. |
01/09/2026 | 2 | A | A | A | A | A | FL | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXX | 4000106172 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Unable to verify 2 months of rent receipt was provided to the borrower in order to use the higher lease rent. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700 Representative FICO: XXXX |
SitusAMC | Reviewer Comment (2025-11-05): Lender exception approving
the higher rent to be used although no evidence of 2 months rent receipt by
borrower is provided. Waived with compensating factors per lender exception
approval. Buyer Comment (2025-11-03): exception Reviewer Comment (2025-10-17): The cashier check and lease are in the sellers name. Provide the sales agreement confirming property will be delivered with tenant and lease transferred to the borrower at closing. Also verify the 2 months of rent was provided to the buyer at or prior to closing. Buyer Comment (2025-10-15): XXXX rent XXXX lease, XXXX rent and XXXX rent |
11/05/2025 | 2 | C | B | C | B | C | B | C | B | C | B | NY | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000103925 | XXXXX | XXXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | HOEPA disclosure was not provided to the Borrower | Reviewer Comment (2025-11-28): Evidence of undiscounted
rate received in trailing documents. |
11/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103925 | XXXXX | XXXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Borrower did not receive pre-loan counseling. | Reviewer Comment (2025-11-28): Evidence of undiscounted
rate received in trailing documents. Reviewer Comment (2025-11-06): Counseling disclosure provided is not able to be used to clear this condition as it is not pre-loan counseling. Condition to be re-reviewed once XXXX conditions are addressed. Buyer Comment (2025-11-05): XXXX Please see attached |
11/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103925 | XXXXX | XXXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of XXXX% of the amount past due or grace period of less than 15 days. | Note reflects a late Charge of XXXX% of P&I. State late charge maximum is XXXX% of P&I. Note does not have a late charge addendum correcting late charge verbiage on note to meet state guidelines. | Reviewer Comment (2025-11-28): Evidence of undiscounted
rate received in trailing documents. |
11/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103925 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State Defect | (State High Cost Disclosure) Ohio Covered Loan (High Cost Disclosure Not Provided) | Ohio Covered Loan: Required high-cost disclosure terms not provided to borrower. | Required high-cost disclosure terms not provided to borrower. | Reviewer Comment (2025-11-28): Evidence of undiscounted
rate received in trailing documents. |
11/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Primary | Refinance - Cash-out - Other | No obvious cure | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000103925 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State Defect | (State High Cost Disclosure) Ohio Covered Loan (Mortgage Loan Origination Disclosure Statement Not Provided) | Ohio Covered Loan: Borrower not provided with mortgage loan origination disclosure statement in accordance with division (A)(1) of section 1322.062 of the Revised Code. | Borrower not provided with mortgage loan origination disclosure statement in accordance with division (A)(1) of section 1322.062 of the Revised Code. | Reviewer Comment (2025-11-28): Evidence of undiscounted
rate received in trailing documents. |
11/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Primary | Refinance - Cash-out - Other | No obvious cure | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000103925 | XXXXX | XXXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Loan fails Mortgage Points and fees test due to the fees charged to the Borrower(s) exceed XXXX% the loan amount. The Note reflects a loan amount of $XXXXFees charged to the Borrower(s) equal $XXXXwhich equal XXXX% of the loan amount. | Reviewer Comment (2025-11-28): Evidence of undiscounted
rate received in trailing documents. Reviewer Comment (2025-11-06): Report provided indicates there is a fee adjustment in the amount ofXXXX , which brings the loan under XXXX requirements; however, there is no evidence in report or file as to why this fee should be adjusted. Fees included in TPR review: Document Preparation Fee: XXXX , Loan Discount Points XXXX , Loan Originator Compensation XXXX and Underwriting Fee,XXXX Buyer Comment (2025-11-05): XXXX Please see attached |
11/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103925 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of XXXX% is in excess of the allowable maximum of XXXX% of the Federal Total Loan Amount. Points and Fees of $XXXXon a Federal Total Loan Amount of $XXXXvs. an allowable total of $XXXX(an overage of $XXXXor .XXXX%). Non-Compliant High Cost Loan. | Loan fails Mortgage Points and fees test due to the fees charged to the Borrower(s) exceed XXXX% the loan amount. The Note reflects a loan amount of $XXXXFees charged to the Borrower(s) equal $XXXXwhich equal XXXX% of the loan amount. | Reviewer Comment (2025-11-28): Evidence of undiscounted
rate received in trailing documents. |
11/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000103925 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State Defect | (State High Cost) Ohio Covered Loan (Points and Fees) | Ohio Anti-Predatory Lending Act: Points and Fees on subject loan of XXXX% is in excess of the allowable maximum of XXXX% of the Total Loan Amount. Points and Fees total $XXXXon a Total Loan Amount of $XXXXvs. an allowable total of $XXXX(an overage of $XXXXor .XXXX%). Non-Compliant High Cost Loan. | Loan fails Mortgage Points and fees test due to the fees charged to the Borrower(s) exceed XXXX% the loan amount. The Note reflects a loan amount of $XXXX Fees charged to the Borrower(s) equal $XXXX which equal XXXX% of the loan amount. | Reviewer Comment (2025-11-28): Evidence of undiscounted
rate received in trailing documents. |
11/28/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Primary | Refinance - Cash-out - Other | No obvious cure | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000103925 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-01-09): CDFI lender testing ATR. |
01/09/2026 | 2 | A | A | A | A | A | OH | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXX | 4000103921 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXXexceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. | Lender Credits fee was disclosed on initial Loan estimate as $XXXX but disclosed but final Closing Disclosure $XXXX. File does not contain a valid COC for this fee, nor evidence of cure is provided in file. | Reviewer Comment (2025-11-04): XXXX received a valid
COC. Buyer Comment (2025-11-03): lender credit decreased due to rate lock changes |
11/04/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000103921 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender manual exception: unable to to document 12 month mortgage history with United Wholesale mortgage forbearance. Compensating factors : 50 months reserves FICO of XXXX, Residual income >= $XXXX, > 5 years in same job. | Borrower has been employed in the same industry for more than 5
years. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. The representative FICO score exceeds the guideline minimum by at least 40 points. Borrower has verified disposable income of at least $2500.00. |
Borrower has been employed in the same industry for more than 5
years. Borrower has worked in the same position for more than 3 years. Reserves: XXXX Guideline Requirement: 6.00 Guidelines Representative FICO: 680 Representative FICO: XXXX Documentation Type: 2yr Full Doc Disposable Income: $XXXX |
Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2025-10-30): Waived with compensating
factors per lender exception approval at origination. |
10/30/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | C | B | B | B | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| XXXXX | 4000103921 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA - Initial Escrow Account statement Inaccurate | RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure. | Reviewer Comment (2025-12-19): Amounts updated. exception
cleared Buyer Comment (2025-12-17): Please see attached Final CD vs XXXX Audit. Both documents reflect XXXX and match |
12/19/2025 | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Purchase | If the IEAD is correct and the CD/HUD is incorrect, we require a
corrected PCCD/HUD with LOE to borrower to cure. Signature is not
required. If the CD/HUD is correct and the IEAD is incorrect, we require LOE and corrected IEAD to cure. Signature is not required. |
C | B | B | B | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103921 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-01-09): CDFI lender testing ATR. |
01/09/2026 | 2 | A | A | A | A | A | FL | Primary | Purchase | C | B | B | B | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXX | 4000103939 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State Defect | South Carolina Home Loan (Acknowledgement of Receipt of Complaint Agency Disclosure Not Signed) | South Carolina Home Loan: Borrower(s) did not acknowledge receipt of document specifying the agency designated to receive complaints or inquiries about the origination and making of the loan. | Reviewer Comment (2025-11-17): Received executed
disclosure Buyer Comment (2025-11-13): Please see attached XXXX Notice to Consumer |
11/17/2025 | 1 | C | A | C | A | C | A | C | A | C | A | SC | Primary | Purchase | "Within forty-five days of the loan closing and before the
institution of an action pursuant to this article, the lender notifies the
borrower of the compliance failure, makes appropriate restitution, and makes
necessary adjustments to the loan to make the consumer home loan satisfy the
requirements of Section 37-23-70, 37-23-75, or 37-23-80 Provide copy of LOE to borrower notifying consumer of error, provide copy of disclosure signed by all consumers, and proof of mailing within 45 days of consummation." |
C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103939 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXXXis over disclosed by $XXXXcompared to the calculated Amount Financed of $XXXXand the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). | Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). (F | Reviewer Comment (2025-12-03): XXXX received PCCD, LOE,
Copy of Refund Check and Proof of Mailing. Buyer Comment (2025-12-02): Please see trailing document - refund documents Reviewer Comment (2025-11-14): Attorney Fee in section C is tested as an XXXX fee. Cure requires XXXX LOE, Copy of refund check and proof of mailing. Buyer Comment (2025-11-13): Please see trailing document - XXXX Report Buyer Comment (2025-11-13): Please see attached XXXX Report |
12/03/2025 | 2 | C | B | C | B | C | B | C | B | C | B | SC | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000103939 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXXis under disclosed by $XXXX compared to the calculated Finance Charge of $XXXXwhich exceeds the $XXXXthreshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). | - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of XXXX,XXXX which exceeds the $XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). | Reviewer Comment (2025-12-03): XXXX received PCCD, LOE,
Copy of Refund Check and Proof of Mailing. Buyer Comment (2025-12-02): Please see attached refund documents Reviewer Comment (2025-11-14): Attorney Fee in section C is tested as an APR fee. Cure requires PCCD,XXXX , Copy of refund check and proof of mailing. Buyer Comment (2025-11-13): Please see trailing document - XXXX Report |
12/03/2025 | 2 | C | B | C | B | C | B | C | B | C | B | SC | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000103939 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-01-09): CDFI lender testing ATR. |
01/09/2026 | 2 | A | A | A | A | A | SC | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXX | 4000103936 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Lender used income documents for REO property at XXXX, however a letter of explanation and property inspection report showed that this address is not known. | Reviewer Comment (2025-11-10): Vacant land under the name
of the borrower, supporting documents received, exception cleared. Buyer Comment (2025-11-07): XXXX is vacant land owned by the Borrower; See attached property profile. |
11/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000103936 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Lender used income documents for REO property atXXXX however a letter of explanation and property inspection report showed that this address is not known. | Reviewer Comment (2025-11-10): Vacant land under the name
of the borrower, supporting documents received, exception cleared. Buyer Comment (2025-11-07): XXXX is vacant land owned by the Borrower; See attached property profile. Buyer Comment (2025-11-07): XXXX property profile |
11/10/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000103936 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-01-09): CDFI lender testing ATR. |
01/09/2026 | 2 | A | A | A | A | A | TX | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXX | 4000106261 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXXexceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower. | Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2025-12-22): Received COC and internal
LOS reflecting change was discovered on XXXX Buyer Comment (2025-12-22): See attached Reviewer Comment (2025-12-17): XXXX received updated CD and COC dated XXXX indicates reason for the changes are Loan amount and living rent free adjustment added thereby increasing discount XXXX . However, we also required additional information with supporting documentation of timeline for review and to provide information supporting lender's knowledge of when they became aware of the borrower living in rent fee or Cure is due to borrower. Buyer Comment (2025-12-16): Change of Circumstance and Closing Disclosure reflecting the change in Discount Points. XXXX is a letter of explanation regarding the CD issue date. |
12/22/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000106261 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower resides rent free with someone other than a spouse. Provide evidence of the LLPA and UW discretion for approving borrowers living situation. | Reviewer Comment (2025-12-23): Underwriter Rent Free
Housing Discretion received and verified. Exception cleared. Buyer Comment (2025-12-19): Rent free underwriting discretion approval form. Reviewer Comment (2025-12-18): LLPA received. UW discretion for approving borrower living rent free is still missing. Exception Remains Buyer Comment (2025-12-16): Evidence the Rent Free LLPA was charged. |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000106261 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Missing evidence of the transfer of the gift funds. | Reviewer Comment (2025-12-23): Source document (Wire
Confirmation) for Gift fund received. Details verified and updated, Reserve
requirement met. Exception cleared. Buyer Comment (2025-12-22): Evidence of Gift Fund transfer. |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000106261 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Missing evidence of the transfer of the gift funds. | Reviewer Comment (2025-12-23): Source document (Wire
Confirmation) for Gift fund received. Details verified and updated, Reserve
requirement met. Exception cleared. Buyer Comment (2025-12-22): See evidence of Gift Fund transfer uploaded XXXX |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000106261 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Source of Funds/Deposit not provided | Missing evidence of the transfer of the gift funds. | Reviewer Comment (2025-12-23): Source document (Wire
Confirmation) for Gift fund received. Details verified and updated, Reserve
requirement met. Exception cleared. Buyer Comment (2025-12-22): See evidence of Gift Fund transfer uploaded XXXX |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000106261 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Missing evidence of the transfer of the gift funds. | Reviewer Comment (2025-12-23): Source document (Wire
Confirmation) for Gift fund received. Details verified and updated, Reserve
requirement met. Exception cleared. Buyer Comment (2025-12-22): See evidence of Gift Fund transfer uploaded XXXX |
12/23/2025 | 1 | B | A | C | A | B | A | C | A | B | A | FL | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000106261 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Missing evidence of the transfer of the gift funds. | Reviewer Comment (2025-12-23): Source document (Wire
Confirmation) for Gift fund received. Details verified and updated, Reserve
requirement met. Exception cleared. Buyer Comment (2025-12-22): See evidence of Gift Fund transfer uploaded XXXX |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000106594 | XXXXX | XXXXX | Credit | Guideline | Guideline Issue | Guideline | Ineligible property type. | ___ | Lender exception in file approving the property with XXXX acres which exceeds the permitted XXXX acres. | Borrower has verified disposable income of at least $2500.00. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Documentation Type: 12mo Bank Statement Disposable Income: $XXXX Reserves: XXXX Guideline Requirement: 3.00 DTI: XXXX% Guideline Maximum DTI: 50.00000% Guidelines Representative FICO: 680 Representative FICO: XXXX |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-24): Waived with compensating
factors per lender exception approval at origination. |
12/24/2025 | 2 | B | B | B | B | B | B | B | B | B | B | WI | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Exempt from ATR | No | |||||||
| XXXXX | 4000106594 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-01-09): CDFI lender testing ATR. |
01/09/2026 | 2 | A | A | A | A | A | WI | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXX | 4000106208 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | Reviewer Comment (2025-12-03): Received Certificate of
Non-Owner Occupied showing address different than the subject. Exception
cleared. Buyer Comment (2025-12-01): Non-Owner |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000106580 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-01-09): CDFI lender testing ATR. |
01/09/2026 | 2 | A | A | A | A | A | CA | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXX | 4000106215 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Spousal Consent Form not provided | Spousal Consent form is not provided. | Reviewer Comment (2025-12-09): Spousal Consent form is not
required as loan was made to an individual. Exception Cleared. Buyer Comment (2025-12-05): Spousal consent not required on BP loans where borrower is not vesting in an Entity |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000106229 | XXXXX | XXXXX | Property | Valuation | Valuation Issue | Valuation | The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal | Appraisal report effective date is XXXX; CDA document effective date is XXXX; Appraisals effective date does not matching. | Reviewer Comment (2025-12-12): Provided CDA with effective
date same as the appraisal. Exception cleared. Buyer Comment (2025-12-10): CDA |
12/12/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MT | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | N/A | No | ||||||||||||||
| XXXXX | 4000106229 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | There is no lease in place for the subject property and the absence of this document casts doubt on business purpose of loan. | Missing lease and two months rent payment or one months rent and security deposit. | Reviewer Comment (2025-12-09): Received lease agreement
with the one month rent deposit and security deposit. Guidelines requirement
met. Exception Cleared. Buyer Comment (2025-12-05): security deposit and first month's rent Buyer Comment (2025-12-05): loe security deposit. Buyer Comment (2025-12-05): loe security deposit Buyer Comment (2025-12-05): lease |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MT | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | N/A | No | ||||||||||||||
| XXXXX | 4000106229 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Missing lease and two months rent payment or one months rent and security deposit, as lender is using a higher rent amount than shown on the appraisal. | Reviewer Comment (2025-12-09): Received lease agreement
with the one month rent deposit and security deposit. Guidelines requirement
met. Exception Cleared. Buyer Comment (2025-12-05): see attached docs |
12/09/2025 | 1 | C | A | C | A | C | A | C | A | C | A | MT | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | N/A | No | ||||||||||||||
| XXXXX | 4000103512 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | Missing OFAC for the business entity. | Reviewer Comment (2025-11-07): Business OFAC received Buyer Comment (2025-11-05): ofac |
11/07/2025 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103503 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Articles of Organization/Formation is missing in the file. | Reviewer Comment (2025-11-11): Received Articles of
Organization. Exception Cleared. Buyer Comment (2025-11-07): Please find Articles of Organization. Thank you. |
11/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103503 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good Standing is missing in the file. | Reviewer Comment (2025-11-11): Received Certificate of
Good standing. Exception Cleared. Buyer Comment (2025-11-07): Please find XXXX . Thank you. |
11/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103503 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Corporate Resolution is missing in the file. | Reviewer Comment (2025-11-11): Received Operating
Agreement. Borrower is the XXXX Exception Cleared. Buyer Comment (2025-11-07): Please noteXXXX does not require a "XXXX " for a XXXX XXXX . Thank you. |
11/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103503 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing in the file. | Reviewer Comment (2025-11-11): Received Operating
Agreement. Exception Cleared. Buyer Comment (2025-11-07): Please see attached. Thank you. Buyer Comment (2025-11-07): PLEASE SEE ATTACHED. Buyer Comment (2025-11-07): Please find attached OA. Thank you. |
11/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103503 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | UW discretion required for borrower living rent free with someone other than a spouse. | Reviewer Comment (2025-11-11): Received 1008 with
underwriter comment. Exception Cleared. Buyer Comment (2025-11-07): Please find 1008 attached. Thank you. |
11/11/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103493 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide explanation from homeowner for borrower living rent free along with UW discretion. Additional conditions may apply. | Reviewer Comment (2025-11-14): Received XXXX with underwriter comment. Exception
Cleared. Buyer Comment (2025-11-13): uw discretion Buyer Comment (2025-11-13): loe |
11/14/2025 | 1 | C | A | C | A | C | A | C | A | D | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103508 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The file is missing the OFAC report for the living trust. | Reviewer Comment (2025-11-18): Post-consummation dated
fraud report clearing OFAC received in trailing docs. Buyer Comment (2025-11-14): Fraud |
11/18/2025 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103497 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided | Reviewer Comment (2025-11-20): Received 2nd page of the
final note. Exception Cleared. Buyer Comment (2025-11-18): pg 2 |
11/20/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000103497 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided | File is missing page 2 of the final Note. | Reviewer Comment (2025-11-20): Received 2nd page of the
final note. Exception Cleared. Buyer Comment (2025-11-18): see attached pg 2 |
11/20/2025 | 1 | D | A | D | A | D | A | D | A | D | A | NY | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103753 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Final HUD/CD is missing. | Reviewer Comment (2025-10-03): Final SS. Buyer Comment (2025-10-01): Final SS |
10/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103753 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | The Certificate of Non-Owner Occupied does not show the borrower(s) | Reviewer Comment (2025-10-03): NOO Cert. Buyer Comment (2025-10-01): Non-Owner |
10/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103753 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___. | Final HUD/CD is missing. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 640 Representative FICO: XXXX |
SitusAMC | Reviewer Comment (2025-10-10): Waived with compensating
factors per lender exception approval. Buyer Comment (2025-10-08): exception Reviewer Comment (2025-10-03): Cash out amount exceedsXXXX of the loan amount which is the lower of XXXX and XXXX Buyer Comment (2025-10-01): see attached Final SS |
10/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | PA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||
| XXXXX | 4000103725 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | File is missing appraisal invoice for $XXXX paid POC. | Reviewer Comment (2025-10-07): Invoice. Buyer Comment (2025-10-03): poc |
10/07/2025 | 1 | C | A | C | A | C | A | C | A | D | A | CO | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103743 | XXXXX | XXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2025-09-29): Final title. |
09/29/2025 | 1 | A | A | A | A | A | A | A | A | A | A | PA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000103743 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Evidence of Access to Funds missing in this loan file | Reviewer Comment (2025-09-29): Operating Agreement. Buyer Comment (2025-09-25): XXXX Operating Agreement |
09/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103743 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Evidence of Access to Funds missing in this loan file | Reviewer Comment (2025-09-29): Operating Agreement. Buyer Comment (2025-09-25): see attached operating agreement |
09/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103743 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. | Title reflects 3 claims for gas and and financial statement lien. Documentation not in file to verify these have been paid. | Reviewer Comment (2025-09-29): Final Title and LOX from
title co. Buyer Comment (2025-09-25): Final title Buyer Comment (2025-09-25): email from title |
09/29/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103743 | XXXXX | XXXXX | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | Per guidelines, all judgments and liens must be paid at or prior to closing. Fraud report reflects an open tax lien in the amount of $XXXX | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. The representative FICO score exceeds the guideline minimum by at least 40 points. The qualifying DSCR on the loan is greater than the guideline minimum. |
Reserves: XXXX Guideline Requirement: 2.00 Guidelines Representative FICO: 640 Representative FICO: XXXX The DSCR of XXXX is greater than the minimum required DSCR of 1.00. |
Originator,SitusAMC Originator,SitusAMC SitusAMC,Originator |
Reviewer Comment (2025-10-14): Waived with compensating
factors per lender exception approval received in trailing docs, allowing
lien to stay open. |
10/14/2025 | 2 | B | B | B | B | B | PA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000103732 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | The appraisal has a different lender name. Please provide an appraisal invoice as is required by guidelines. | Reviewer Comment (2025-09-23): Invoice Buyer Comment (2025-09-19): invoice |
09/23/2025 | 1 | C | A | C | A | C | A | C | A | D | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103722 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender approved exception for borrower who wants to use lease plus 2 months' receipt to increase the DSCR, but the 2 months received are paid via money order from the tenant to the borrower. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700 Representative FICO: XXXX |
Originator Pre-Close,SitusAMC | Reviewer Comment (2025-09-10): Waived with compensating
factors per lender exceptions approval at origination. |
09/10/2025 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000103722 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2025-09-17): cleared with title
commitment. Buyer Comment (2025-09-15): Title |
09/17/2025 | 1 | B | A | B | A | B | A | B | A | B | A | FL | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000103904 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address. | Reviewer Comment (2025-10-08): NOO Cert Buyer Comment (2025-10-06): Section XXXX completed. Please see attached. Thank you. Buyer Comment (2025-10-06): Please find section XXXX completed with Borrowers primary home address. |
10/08/2025 | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103504 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception in file for transferred appraisal without an XXXX. Compensating factors: LTV and reserves. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: XXXX Guideline Requirement: 0.00 |
SitusAMC | Reviewer Comment (2025-11-28): Waived with compensating
factors per lender exception approval at origination. |
11/28/2025 | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000103504 | XXXXX | XXXXX | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | File is missing 12 month housing history for XXXXXX XX property. | Reviewer Comment (2025-12-03): 12-month housing history
for XXXX is verified from credit
report, lease agreement and pay history. Exception Cleared. Buyer Comment (2025-12-01): address History LOE Buyer Comment (2025-12-01): XXXX reports the XXXXX mtg XXXX months paid off Buyer Comment (2025-12-01): final SS |
12/03/2025 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103922 | XXXXX | XXXXX | Credit | Guideline | Guideline Issue | Guideline | Aged document: Credit Report is more than 120 days prior to the note date. | Per guidelines, credit reports may not be more than 120 days old from the date of the Promissory Note. Credit report provided in file is dated 121 days prior to Note date. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of XXXX is greater than the minimum required DSCR of 1.00. | SitusAMC,Originator | Reviewer Comment (2025-11-19): Waived with compensating
factors per lender exception approval. Buyer Comment (2025-11-17): exception Reviewer Comment (2025-11-05): Date calculator reflects XXXX days. Buyer Comment (2025-11-03): per UW approval credit was vaild until XXXX . Note was dated XXXX |
11/19/2025 | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000106272 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Final HUD/CD document is missing in the file. | Reviewer Comment (2025-12-23): Received final ALTA
Settlement Statement in the file. Exception Cleared. Buyer Comment (2025-12-19): Please see attached Final XXXX |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000106272 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | The Certificate of Non-Owner Occupied does not show the
borrower(s) at an address different than the subject and thus casts doubt on
the business purpose of the loan. 10 |
Reviewer Comment (2025-12-23): Received certificate of
non-owner occupancy with primary residence address. Exception Cleared. Buyer Comment (2025-12-19): Please see attached Certification of Non-Owner |
12/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000106579 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide the final Closing Statement fully executed by the borrower or stamped true and certified. Copy provided is unsigned. | Reviewer Comment (2025-12-31): Received final losing
Statement with stamped true and certified. Exception Cleared. Buyer Comment (2025-12-29): XXXX -Please see attached |
12/31/2025 | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Purchase | D | A | D | A | A | A | N/A | No |