Exhibit 99.8
J.P. MORGAN ACCEPTANCE CORPORATION II ABS-15G
| Loan ID | Seller Loan ID | Redaction ID | Overall Initial Loan Grade | Overall Final Loan Grade | Credit Initial Loan Grade | Credit Current/Final Loan Grade | Compliance Initial Loan Grade | Compliance Current/Final Loan Grade | Property Initial Loan Grade | Property Current/Final Loan Grade | Queue | Finding Code | Date Created | Date Modified | Finding Status | Event Level | Initial Finding Grade | Current/Final Finding Grade | Finding Category | Finding Sub Category | Finding Name | Finding Comments | Seller Comments | Resolution Comments | Reviewer Comp Factor | Originator Comp Factors | Finding Documents | Originator QM Status | Final Reviewed QM Status | Loan Amount | Property State | Occupancy | Loan Purpose | Refinance Purpose | Acknowledged / WaivedBy | Waiver in File? | Unique Finding ID |
| XXXX | XXXX | 304875612 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 304875611 | D | A | D | A | A | A | A | A | Closed | FCRE5809 | 2025-07-11 15:24 | 2025-07-21 15:31 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing evidence of self employment | Resolved-CA SOS confirmation provided, currently in good standing - Due Diligence Vendor-07/21/2025 Ready for Review-Document Uploaded. Please note verification via XX Secretary of State that the businesses are active were uploaded with the loan file. Please refer to pages 512-517 and attached herein. - Seller-07/14/2025 Open-Provide CPA letter and/or third party verification that businesses are active and in existence within 60 days of Note. - Due Diligence Vendor-07/11/2025 |
Ready for Review-Document Uploaded. Please note verification via XXXX Secretary of State that the businesses are active were uploaded with the loan file. Please refer to pages 512-517 and attached herein. - Seller-07/14/2025 |
Resolved-CA SOS confirmation provided, currently in good standing - Due Diligence Vendor-07/21/2025 |
Verified employment history exceeds guidelines - Borrower's corporations have been operating since 2020. Qualifying DTI below maximum allowed - Lender max DTI 50%, borrower DTI 29.19% |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 4791451 | |
| XXXX | XXXX | 304875624 | D | A | D | A | A | A | A | A | Closed | FCRE1764 | 2025-08-01 13:25 | 2025-08-07 15:37 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Verification of Mortgage | Resolved-Received Updated 1003 and 1008 - Due Diligence Vendor-08/07/2025 Ready for Review-Document Uploaded. Please see attached 1008 and updated 1003. - Seller-08/06/2025 Counter-Please provide a revised 1003 and 1008. - Due Diligence Vendor-08/06/2025 Ready for Review-Document Uploaded. Please see attached. There are statements in file from XXXX in XXXX that verify the HELOC is a NOO (non-owner occupied) and does not belong to our subject that is a Primary Res, as confirmed by the Title Report. I’ve added the HELOC to the second rental on the VOM and updated the DTI, which remains within acceptable limits. - Seller-08/05/2025 Open-Missing the most recent 12 months mortgage history for XXXX and what property it is against. Upon receipt additional conditions maybe required. - Due Diligence Vendor-08/01/2025 |
Ready for Review-Document Uploaded. Please see attached 1008 and updated 1003. - Seller-08/06/2025 Ready for Review-Document Uploaded. Please see attached. There are statements in file from XXXX in XXXX that verify the HELOC is a NOO (non-owner occupied) and does not belong to our subject that is a Primary Res, as confirmed by the Title Report. I’ve added the HELOC to the second rental on the VOM and updated the DTI, which remains within acceptable limits. - Seller-08/05/2025 |
Resolved-Received Updated 1003 and 1008 - Due Diligence Vendor-08/07/2025 |
Qualifying DTI below maximum allowed - Max DTI 50% - Borrower's DTI 39% Qualifying FICO score is at least 20 points above minimum for program - Min FICO 720- Borrower's FICO 780 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5026381 | |
| XXXX | XXXX | 304875624 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2025-08-01 13:39 | 2025-08-06 16:05 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received Mortgage statements with escrows. - Due Diligence Vendor-08/06/2025 Ready for Review-Document Uploaded. Please see attached. XXXX loan statement for 3b - XXXX shows taxes and insurance are impounded. XXXX mortgage statement for 3c - XXXX shows taxes and insurance are impounded. Please clear this finding. - Seller-08/04/2025 Open-Missing for 3b the taxes and 3c the taxes & HOI. - Due Diligence Vendor-08/01/2025 |
Ready for Review-Document Uploaded. Please see attached. XXXX loan statement for 3b - XXXX shows taxes and insurance are impounded. XXXX mortgage statement for 3c - XXXX shows taxes and insurance are impounded. Please clear this finding. - Seller-08/04/2025 |
Resolved-Received Mortgage statements with escrows. - Due Diligence Vendor-08/06/2025 |
Qualifying DTI below maximum allowed - Max DTI 50% - Borrower's DTI 39% Qualifying FICO score is at least 20 points above minimum for program - Min FICO 720- Borrower's FICO 780 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5026670 | |
| XXXX | XXXX | 304875619 | D | B | D | B | A | A | A | A | Closed | FCRE1180 | 2025-07-31 18:45 | 2025-08-05 14:41 | Resolved | 1 - Information | D | A | Credit | Missing Doc | HO-6 Insurance Policy is Missing | Resolved-Received evidence of walls-in with betterments & Improvements. - Due Diligence Vendor-08/05/2025 Ready for Review-Document Uploaded. Please see attached. Master policy clearly states that the policy covers walls-in with betterments & improvements. Please clear this finding. - Seller-08/01/2025 Open-HO-6 Insurance Policy is Missing Provide missing H0-6 Insurance Policy with annual premium. - Due Diligence Vendor-07/31/2025 |
Ready for Review-Document Uploaded. Please see attached. Master policy clearly states that the policy covers walls-in with betterments & improvements. Please clear this finding. - Seller-08/01/2025 |
Resolved-Received evidence of walls-in with betterments & Improvements. - Due Diligence Vendor-08/05/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Lender minimum FICO 660, borrower FICO 747 Credit history exceeds minimum required - 0X30 credit history 24 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 5016139 | |
| XXXX | XXXX | 304875619 | D | B | D | B | A | A | A | A | Closed | FCRE8201 | 2025-07-31 19:07 | 2025-08-01 11:01 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Originator exception granted to allow missing 12 month housing history, Non-material waiver applied with comp factors. non-material due to borrower having a strong credit score, credit report reflects no deficiencies, rent free letter provided in the file from the borrowers father. - Due Diligence Vendor-08/01/2025 Open-Lender Exception approved to allow first time investor living rent free missing 12 month housing history, borrower living rent free with Father. - Due Diligence Vendor-07/31/2025 |
Waived-Originator exception granted to allow missing 12 month housing history, Non-material waiver applied with comp factors. non-material due to borrower having a strong credit score, credit report reflects no deficiencies, rent free letter provided in the file from the borrowers father. - Due Diligence Vendor-08/01/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Lender minimum FICO 660, borrower FICO 747 Credit history exceeds minimum required - 0X30 credit history 24 months |
1. 747 FICO over 20 points of requirement 2. 0X30 credit history 24 months |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Originator Post-Close | Yes | 5016250 | ||
| XXXX | XXXX | 304817034 | D | B | C | B | A | A | D | A | Closed | FPRO1242 | 2025-08-28 13:45 | 2026-03-26 11:23 | Resolved | 1 - Information | D | A | Property | Missing Doc | Appraisal is Missing | Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-03/26/2026 Resolved-Received appraisal. - Due Diligence Vendor-09/02/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-08/28/2025 Open-Appraisal is Missing Valuations missing from uploaded documents - Due Diligence Vendor-08/28/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-08/28/2025 |
Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-03/26/2026 Resolved-Received appraisal. - Due Diligence Vendor-09/02/2025 |
Months Reserves exceed minimum required - 37 months more than the 3 months required. Residual Income =/> 1.5 times $3,500 monthly residual income - Over $12K residual income. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 5350391 | |
| XXXX | XXXX | 304817034 | D | B | C | B | A | A | D | A | Closed | FPRO1253 | 2025-08-28 15:55 | 2025-09-02 15:43 | Resolved | 1 - Information | D | A | Property | Missing Doc | Secondary Valuation or Additional Valuation has not been entered per securitization requirements | Resolved-Received CU with score 2.2. - Due Diligence Vendor-09/02/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-08/28/2025 Open-Missing to support appraisal once received. - Due Diligence Vendor-08/28/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-08/28/2025 |
Resolved-Received CU with score 2.2. - Due Diligence Vendor-09/02/2025 |
Months Reserves exceed minimum required - 37 months more than the 3 months required. Residual Income =/> 1.5 times $3,500 monthly residual income - Over $12K residual income. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 5352579 | |
| XXXX | XXXX | 304817034 | D | B | C | B | A | A | D | A | Closed | FCRE6763 | 2025-08-28 15:50 | 2025-08-28 15:56 | Waived | 2 - Non-Material | C | B | Credit | Income/Employment | Income documentation does not meet guidelines | Waived-Client exception granted to allow not meeting guideline for rental income. Non-material waiver applied with comp factors. Deemed non-material due to experienced investor and 1007 provided more than supports qualifying rental income. - Due Diligence Vendor-09/02/2025 Open-Missing lease plus two months proof of receipt for non subject REO properties, two total. Using lease + 1007 on one and 1007 only on the other. - Due Diligence Vendor-08/28/2025 |
Waived-Client exception granted to allow not meeting guideline for rental income. Non-material waiver applied with comp factors. Deemed non-material due to experienced investor and 1007 provided more than supports qualifying rental income. - Due Diligence Vendor-09/02/2025 |
Months Reserves exceed minimum required - 37 months more than the 3 months required. Residual Income =/> 1.5 times $3,500 monthly residual income - Over $12K residual income. |
Mortgage History 0X30 24+ months 5+ years SE history Residual Income |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Investor Post-Close | No | 5352437 | ||
| XXXX | XXXX | 304843247 | D | B | D | B | A | A | A | A | Closed | FPRO1245 | 2025-09-17 11:54 | 2025-11-18 09:23 | Waived | 2 - Non-Material | D | B | Credit | Missing Doc | Appraisal is Expired | Waived-Originator provided a waiver for appraisal date 122 days >120 allowed, applied to non material finding with comp factors - Due Diligence Vendor-11/18/2025 Ready for Review-Document Uploaded. Please see attached exception allowing the loan to close with the Appraisal being 122 days old at signing. - Seller-11/12/2025 Open-Primary Value Appraisal is Expired As per Guides: "The appraisal should be dated no more than 120 days prior to the Note date" Appraisal on file is 122 days old. - Due Diligence Vendor-09/17/2025 |
Ready for Review-Document Uploaded. Please see attached exception allowing the loan to close with the Appraisal being 122 days old at signing. - Seller-11/12/2025 |
Waived-Originator provided a waiver for appraisal date 122 days >120 allowed, applied to non material finding with comp factors - Due Diligence Vendor-11/18/2025 |
Months Reserves exceed minimum required - 7.53 mths reserves; 6 mths required. Qualifying FICO score is at least 20 points above minimum for program - Min FICO 640, Bwr FICO 706 |
Credit History: 0x30 for 24 months+ FICO: 706>640 minimum |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 5570559 |
| XXXX | XXXX | 304843247 | D | B | D | B | A | A | A | A | Closed | FCRE1148 | 2025-09-17 12:58 | 2025-09-19 15:40 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of XXXX is sufficient based on the type of subject lien - Due Diligence Vendor-09/19/2025 Ready for Review-Document Uploaded. Please see attached - Seller-09/17/2025 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Coverage is not sufficient. - Due Diligence Vendor-09/17/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-09/17/2025 |
Resolved-Title Coverage Amount of $729600 is sufficient based on the type of subject lien - Due Diligence Vendor-09/19/2025 |
Months Reserves exceed minimum required - 7.53 mths reserves; 6 mths required. Qualifying FICO score is at least 20 points above minimum for program - Min FICO 640, Bwr FICO 706 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 5571874 | |
| XXXX | XXXX | 304843247 | D | B | D | B | A | A | A | A | Closed | FCRE1158 | 2025-09-17 13:01 | 2025-09-19 15:38 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received correct policy - Due Diligence Vendor-09/19/2025 Ready for Review-Document Uploaded. Please see attached, both the HOI and CD match the 1003 premium XXXX / 12 = XXXX monthly - Seller-09/17/2025 Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided Per Dec Page premium for HOI is XXXX annually. lender collected a different amount at closing. Lender to provide dec page reflecting same premium as collected at closing. - Due Diligence Vendor-09/17/2025 |
Ready for Review-Document Uploaded. Please see attached, both the HOI and CD match the 1003 premium $4,746 / 12 = $395.50 monthly - Seller-09/17/2025 |
Resolved-Received correct policy - Due Diligence Vendor-09/19/2025 |
Months Reserves exceed minimum required - 7.53 mths reserves; 6 mths required. Qualifying FICO score is at least 20 points above minimum for program - Min FICO 640, Bwr FICO 706 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 5571905 | |
| XXXX | XXXX | 304875551 | C | B | C | B | A | A | A | A | Closed | FCRE1492 | 2025-09-18 09:22 | 2025-09-22 16:37 | Waived | 2 - Non-Material | C | B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Originator provided a waiver cash out proceeds of XXXX>XXXX max, applied to non material finding with comp factors - Due Diligence Vendor-09/22/2025 Ready for Review-Document Uploaded. - Seller-09/19/2025 Open-Cash Out Does Not Meet Guideline Requirements Cash out exceeds $1M. - Due Diligence Vendor-09/18/2025 |
Ready for Review-Document Uploaded. - Seller-09/19/2025 |
Waived-Originator provided a waiver cash out proceeds of $1,220,000>$1,000,000 max, applied to non material finding with comp factors - Due Diligence Vendor-09/22/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 769 which exceeds the minimum of 720 Months Reserves exceed minimum required - Verified assets of 121 months exceeds the minimum required of 3 months |
FICO: at least 20 points above minimum for program Reserves:: 122 months verified. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | Yes | 5583111 |
| XXXX | XXXX | 304856674 | C | B | C | A | C | B | A | A | Closed | FCRE7009 | 2025-09-26 13:24 | 2025-09-30 16:34 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-HOI and RCE received. Sufficient Coverage. - Due Diligence Vendor-09/30/2025 Ready for Review-Document Uploaded. Please see attached HOI and RCE. Note HOI has extended replacement cost of 125%. - Seller-09/26/2025 Open-Insufficient Coverage Amount for Insured Subject Property. No additional HOI or RCE docs on file. - Due Diligence Vendor-09/26/2025 |
Ready for Review-Document Uploaded. Please see attached HOI and RCE. Note HOI has extended replacement cost of 125%. - Seller-09/26/2025 |
Resolved-HOI and RCE received. Sufficient Coverage. - Due Diligence Vendor-09/30/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660, Bwr FICO 736 Months Reserves exceed minimum required - 15 mths reserves; 9 mths required. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 5688580 | |
| XXXX | XXXX | 304856674 | C | B | C | A | C | B | A | A | Closed | finding-3652 | 2025-09-25 13:47 | 2025-09-30 07:27 | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Upon further review, finding resolved. - Due Diligence Vendor-09/30/2025 Ready for Review-Document Uploaded. see the system support that credit didnt increase. the credit was tied in part to the escrow fee as illustrated. - Seller-09/29/2025 Open-This loan failed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($XXXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). Lender credit decreased from $XXXX to $XXXX without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of $975.80, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-09/25/2025 |
Ready for Review-Document Uploaded. see the system support that credit didnt increase. the credit was tied in part to the escrow fee as illustrated. - Seller-09/29/2025 |
Resolved-Upon further review, finding resolved. - Due Diligence Vendor-09/30/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660, Bwr FICO 736 Months Reserves exceed minimum required - 15 mths reserves; 9 mths required. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 5674403 | |
| XXXX | XXXX | 304856674 | C | B | C | A | C | B | A | A | Closed | FCOM1353 | 2025-09-25 15:54 | 2025-09-25 16:12 | Waived | 2 - Non-Material | B | B | Compliance | Disclosure | Incorrect ROR Form Type selected | Waived-The Incorrect ROR Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). ROR Form H8 is acceptable in place of H9 form. Finding is deemed non-material. Originator waiver applied to non-material Findings. - Due Diligence Vendor-09/25/2025 | Waived-The Incorrect ROR Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). ROR Form H8 is acceptable in place of H9 form. Finding is deemed non-material. Originator waiver applied to non-material Findings. - Due Diligence Vendor-09/25/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660, Bwr FICO 736 Months Reserves exceed minimum required - 15 mths reserves; 9 mths required. |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 5676775 | |||
| XXXX | XXXX | 304875432 | D | A | D | A | A | A | A | A | Closed | FCRE1336 | 2025-10-09 16:24 | 2025-10-14 15:28 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Award Letter Missing | Resolved-Received revised 1008/1003 removing SSI income. - Due Diligence Vendor-10/14/2025 Ready for Review-Document Uploaded. B1 SS Award letter is not needed since updated 1008 and 1003 shows that SS income is not being used to qualify. The resulting DTI Is a low 39.46% which is below the FTHB Max DTI of 45%. Please clear this finding. - Seller-10/10/2025 Open-Borrower 1 Award Letter Missing Award letter from the social security reflecting income used of $XXXX or two prior years 1099-R. - Due Diligence Vendor-10/09/2025 |
Ready for Review-Document Uploaded. B1 SS Award letter is not needed since updated 1008 and 1003 shows that SS income is not being used to qualify. The resulting DTI Is a low 39.46% which is below the FTHB Max DTI of 45%. Please clear this finding. - Seller-10/10/2025 |
Resolved-Received revised 1008/1003 removing SSI income. - Due Diligence Vendor-10/14/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Lender minimum FICO 720, borrower FICO 784 Qualifying DTI below maximum allowed - Lender max DTI 45%, borrower DTI 35.45% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 5843902 | |
| XXXX | XXXX | 304856680 | D | A | D | A | A | A | A | A | Closed | FCRE8887 | 2025-10-13 17:01 | 2025-10-15 14:23 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received corrected 1003 and 1008 including investment PITIA. - Due Diligence Vendor-10/15/2025 Ready for Review-Document Uploaded. Attached please find a revised 1003 and 1008 including XXXX along with it's PITIA included into the DTI. - Seller-10/14/2025 Open-Missing on the initial/final 1003 the property XXXX and it's PITIA was not included into the DTI. Upon receipt additional conditions may apply. - Due Diligence Vendor-10/13/2025 |
Ready for Review-Document Uploaded. Attached please find a revised 1003 and 1008 including XXXX. along with it's PITIA included into the DTI. - Seller-10/14/2025 |
Resolved-Received corrected 1003 and 1008 including investment PITIA. - Due Diligence Vendor-10/15/2025 |
Months Reserves exceed minimum required - Min reserves req'd 3 mths--- Borrower has 34.99 mths in reserves Qualifying FICO score is at least 20 points above minimum for program - Min FICO 700- Borrower's FICO 733 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 5878646 | |
| XXXX | XXXX | 304875481 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2025-10-09 14:45 | 2025-10-15 14:42 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-10/15/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/14/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Legal Description missing from DOT. - Due Diligence Vendor-10/09/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-10/14/2025 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-10/15/2025 |
Qualifying DTI below maximum allowed - Max DTI is 50%, borrowers DTI is 38.16% LTV is less than guideline maximum - Max LTV is 75%, borrowers LTV is 50.5% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5842069 | |
| XXXX | XXXX | 304875447 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 304875425 | C | A | A | A | C | A | A | A | Closed | finding-3540 | 2025-10-16 09:57 | 2025-10-21 13:51 | Resolved | 1 - Information | C | A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test | Resolved-Upon further review, no further documentation is needed or required. Waiting period was not required. - Due Diligence Vendor-10/21/2025 Ready for Review-Document Uploaded. Please see attached evidence borrower received and viewed the PCCD on XXXX. - Seller-10/17/2025 Open-This loan failed the revised closing disclosure delivery date test (no waiting period required). ( 12 CFR §1026.19(f)(2)(i) )The revised closing disclosure delivery does not require a new waiting period and:The revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either"XXXX" or "Electronic Delivery" or blank, and the revised closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised closing disclosure delivery date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation not requiring a new waiting period. Except as provided in §1026.19(f)(2)(ii), if the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation. Notwithstanding the requirement to provide corrected disclosures at or before consummation, the creditor shall permit the consumer to inspect the disclosures provided under this paragraph, completed to set forth those items that are known to the creditor at the time of inspection, during the business day immediately preceding consummation, but the creditor may omit from inspection items related only to the seller's transaction. -----Revised CD XXXX is not signed by the borrower, the US Mail date of receipts would be XXXX which is after the closing date. Please provide proof that borrower received the CD with the closing cost amount of $XXXX. - Due Diligence Vendor-10/16/2025 |
Ready for Review-Document Uploaded. Please see attached evidence borrower received and viewed the PCCD on XXXX at 1:48pm. - Seller-10/17/2025 |
Resolved-Upon further review, no further documentation is needed or required. Waiting period was not required. - Due Diligence Vendor-10/21/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Lender minimum FICO 700, borrower FICO 705 LTV is less than guideline maximum - Lender max LTV 80%, subject LTV 24.78% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 5915199 | |
| XXXX | XXXX | 304875532 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 304875556 | D | A | D | A | A | A | A | A | Closed | FCRE7551 | 2025-10-21 13:23 | 2025-11-07 09:04 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Divorce Decree | Resolved-Received final title confirming judgment removed-does not belong to Non borrower. - Due Diligence Vendor-11/07/2025 Ready for Review-Document Uploaded. Please see attached Final Title Policy. - Seller-11/05/2025 Counter-Provide confirmation #8 of schedule B has been removed as reporting in error or provide the Child Support and Divorce Decree for review. Additional findings may apply. - Due Diligence Vendor-10/22/2025 Ready for Review-We respectfully disagree with the request. First, as noted title has confirmed the item is being removed, and second, the debtor is not a borrower to the subject transaction, and only on the vesting. - Seller-10/21/2025 Open-*New* Title documents provided reflects a Judgment for child, Family or Spousal support. Title has confirmed this Item will not appear in the future policy, however we are missing the Divorce Decree for review. Additional findings may apply. - Due Diligence Vendor-10/21/2025 |
Ready for Review-Document Uploaded. Please see attached Final Title Policy. - Seller-11/05/2025 Ready for Review-We respectfully disagree with the request. First, as noted title has confirmed the item is being removed, and second, the debtor is not a borrower to the subject transaction, and only on the vesting. - Seller-10/21/2025 |
Resolved-Received final title confirming judgment removed-does not belong to Non borrower. - Due Diligence Vendor-11/07/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO 720, Bwr FICO 762 Qualifying DTI below maximum allowed - 37.77% DTI below max allowed of 50% |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5960977 | |
| XXXX | XXXX | 304875556 | D | A | D | A | A | A | A | A | Closed | FCRE1145 | 2025-10-17 09:14 | 2025-11-07 09:03 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Title Document Missing | Resolved-Received Title Document - Due Diligence Vendor-10/21/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/17/2025 Open-Title Document is missing - Due Diligence Vendor-10/17/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-10/17/2025 |
Resolved-Received Title Document - Due Diligence Vendor-10/21/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO 720, Bwr FICO 762 Qualifying DTI below maximum allowed - 37.77% DTI below max allowed of 50% |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5929042 | |
| XXXX | XXXX | 304875556 | D | A | D | A | A | A | A | A | Closed | FCRE1151 | 2025-10-17 13:47 | 2025-11-07 09:03 | Resolved | 1 - Information | C | A | Credit | Title | Satisfactory Chain of Title not Provided | Resolved-Received title document - Due Diligence Vendor-10/21/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/17/2025 Open-Unsatisfactory Chain of Title provided. Missing 24 month Chain of Title - Due Diligence Vendor-10/17/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-10/17/2025 |
Resolved-Received title document - Due Diligence Vendor-10/21/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO 720, Bwr FICO 762 Qualifying DTI below maximum allowed - 37.77% DTI below max allowed of 50% |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5934175 | |
| XXXX | XXXX | 304875524 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 304875426 | C | A | C | A | A | A | A | A | Closed | FCRE9501 | 2025-10-24 22:10 | 2025-11-07 16:03 | Resolved | 1 - Information | C | A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Received PCCD reflecting zero cash required for closing. - Due Diligence Vendor-11/07/2025 Ready for Review-Document Uploaded. - Seller-11/06/2025 Ready for Review-Document Uploaded. Please see attached final settlement statement; CTC was $0. - Seller-11/05/2025 Open-Total Qualified Assets Post-Close amount is '$-XXXX. Assets are Insufficient. Missing asset documentation to cover cash required to close. - Due Diligence Vendor-10/25/2025 |
Ready for Review-Document Uploaded. - Seller-11/06/2025 Ready for Review-Document Uploaded. Please see attached final settlement statement; CTC was $0. - Seller-11/05/2025 |
Resolved-Received PCCD reflecting zero cash required for closing. - Due Diligence Vendor-11/07/2025 |
LTV is less than guideline maximum - LTV of 67.63% is below the maximum of 75% allowed per guidelines Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 740 which exceeds the minimum of 680 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6015012 | |
| XXXX | XXXX | 304875340 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 304875480 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 304875388 | C | B | C | B | A | A | A | A | Closed | FCRE0179 | 2025-10-28 11:50 | 2025-12-10 14:29 | Resolved | 1 - Information | C | A | Credit | Eligibility | UW Attestation/Docs stating warrantability are missing | Resolved-Received 1008. - Due Diligence Vendor-12/10/2025 Ready for Review-not a valid finding, please clear as soon as possible. the 1008 is not a required document - Seller-12/09/2025 Counter-Received revised 1008 showing warrantable but does not reflect type of warranty. - Due Diligence Vendor-12/03/2025 Ready for Review-Document Uploaded. please see attached - Seller-11/28/2025 Counter-Received 1008 reflecting Warrantable Type Q-transaction does not meet limited review XXXX BB4-2.2.01 as LTV exceeds 75%. Finding remains. - Due Diligence Vendor-10/30/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/28/2025 Open-UW Attestation/Docs stating warrantability are missing. Provide missing UW Attestation/Docs stating warrantability of condo. - Due Diligence Vendor-10/28/2025 |
Ready for Review-not a valid finding, please clear as soon as possible. the 1008 is not a required document - Seller-12/09/2025 Ready for Review-Document Uploaded. please see attached - Seller-11/28/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/28/2025 |
Resolved-Received 1008. - Due Diligence Vendor-12/10/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Lender minimum FICO 700, borrower FICO 754 Qualifying DTI below maximum allowed - Lender max DTI 50%, borrower DTI 37.19% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6038515 | |
| XXXX | XXXX | 304875388 | C | B | C | B | A | A | A | A | Closed | FCRE1194 | 2025-10-28 12:07 | 2025-10-30 13:36 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Originator provided a waiver for 80% LTV, applied to non material finding with comp factors - Due Diligence Vendor-10/30/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/28/2025 Open-Audited LTV of 80% exceeds Guideline LTV of 75% Lender Exception: Approved 80% LTV, Matrix Max 75% NOO - Due Diligence Vendor-10/28/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-10/28/2025 |
Waived-Originator provided a waiver for 80% LTV, applied to non material finding with comp factors - Due Diligence Vendor-10/30/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Lender minimum FICO 700, borrower FICO 754 Qualifying DTI below maximum allowed - Lender max DTI 50%, borrower DTI 37.19% |
1. DTI 5% below max allowed 2. FICO is 20 pts above minimum for program |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Originator Post-Close | Yes | 6038764 |
| XXXX | XXXX | 304875388 | C | B | C | B | A | A | A | A | Closed | FCRE1148 | 2025-10-28 14:41 | 2025-10-30 13:30 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated preliminary title reflecting sufficient coverage - Due Diligence Vendor-10/30/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/28/2025 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Title coverage not sufficient - Due Diligence Vendor-10/28/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-10/28/2025 |
Resolved-Received updated preliminary title reflecting sufficient coverage - Due Diligence Vendor-10/30/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Lender minimum FICO 700, borrower FICO 754 Qualifying DTI below maximum allowed - Lender max DTI 50%, borrower DTI 37.19% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6041744 | |
| XXXX | XXXX | 304875345 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 304875510 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 304892584 | D | A | D | A | A | A | A | A | Closed | FCRE9814 | 2025-11-04 15:56 | 2025-11-11 17:23 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Trust Agreement | Resolved-Upon further review, the loan file contained all required documentation - Due Diligence Vendor-11/11/2025 Ready for Review-Document Uploaded. Disagree, Please see NON QM guide section 9.3 If LTV /CLTV is 65% or LOWER, assets not required to be verified. - Seller-11/10/2025 Counter-Please provide a copy of the Trust to review the terms of the trust. - Due Diligence Vendor-11/07/2025 Ready for Review-Document Uploaded. - Seller-11/05/2025 Ready for Review-Disagree, Lender notes The XXXX statements provided clearly identify the trustees — XXXX and XXXX (Both borrowers on the loan)— as the trustee to “BXXXX AND XXXX AS TRUSTEE OF THE XXXX”S XXXX ESTABLISHED XXXX”. Based on this documentation, no further verification is necessary. Please clear - Seller-11/05/2025 Open-Provide Trust Docs, corresponding to assets used in qualifying and held in Trust. - Due Diligence Vendor-11/04/2025 |
Ready for Review-Document Uploaded. Disagree, Please see NON QM guide section 9.3 If LTV /CLTV is 65% or LOWER, assets not required to be verified. - Seller-11/10/2025 Ready for Review-Document Uploaded. - Seller-11/05/2025 Ready for Review-Disagree, Lender notes The XXXX statements provided clearly identify the trustees — XXXX and XXXX (Both borrowers on the loan)— as the trustee to “XXXX AND XXXX AS TRUSTEE OF THE XXXX XXXX ESTABLISHED XXXX”. Based on this documentation, no further verification is necessary. Please clear - Seller-11/05/2025 |
Resolved-Upon further review, the loan file contained all required documentation - Due Diligence Vendor-11/11/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Lender minimum FICO 680, borrower FICO 708 LTV is less than guideline maximum - Lender max LTV 75%, subject LTV 50.33% |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6123689 | |
| XXXX | XXXX | 304892579 | C | A | C | A | A | A | A | A | Closed | FCRE1480 | 2025-11-05 11:56 | 2025-11-13 12:51 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 2 Does Not Meet Guideline Requirements | Resolved-Gift confirmed by title company was not needed and guides allow gifts to be used for reserves. - Due Diligence Vendor-11/13/2025 Ready for Review-We disagree, we do not require the funds to be added to the CD as they are not part of the Purchase Transaction. All we require is confirmation Escrow/Title received the funds from the Donor. Per the E-mail already in the file; any access funds received by Escrow will be released to the borrower. No additional documentation is needed. - Seller-11/13/2025 Counter-Gift of XXXX should reflect on the CD with refund to borrower or copy of wire sent to borrower. Gift is considered in applicable reserves. - Due Diligence Vendor-11/07/2025 Ready for Review-We respectfully disagree. The borrower received two gifts; 1) XXXX cash gift and 2) XXXX gift of equity. The borrower did not require any cash to close. The delivered loan file included an email from the closing agent stating the excess gift funds would be wired to the borrower account at closing. - Seller-11/05/2025 Open-Asset Record 2 Does Not Meet G/L Requirements Missing evidence of the receipt of the gift for XXXX. File reflects funds received from title but they are not listed on the CD. Missing evidence of the receipt of the additional XXXX gift. - Due Diligence Vendor-11/05/2025 |
Ready for Review-We disagree, we do not require the funds to be added to the CD as they are not part of the Purchase Transaction. All we require is confirmation Escrow/Title received the funds from the Donor. Per the E-mail already in the file; any access funds received by Escrow will be released to the borrower. No additional documentation is needed. - Seller-11/13/2025 Ready for Review-We respectfully disagree. The borrower received two gifts; 1) XXXX cash gift and 2) XXXX gift of equity. The borrower did not require any cash to close. The delivered loan file included an email from the closing agent stating the excess gift funds would be wired to the borrower account at closing. - Seller-11/05/2025 |
Resolved-Gift confirmed by title company was not needed and guides allow gifts to be used for reserves. - Due Diligence Vendor-11/13/2025 |
Qualifying DTI below maximum allowed - Max DTI 50%- Borrower's DTI 5.58% Qualifying FICO score is at least 20 points above minimum for program - Min FICO 680--- Borrower's FICO 748 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 6138217 | ||
| XXXX | XXXX | 304892579 | C | A | C | A | A | A | A | A | Closed | FCRE1198 | 2025-11-05 12:01 | 2025-11-13 12:50 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Gift confirmed by title company was not needed and guides allow gifts to be used for reserves. - Due Diligence Vendor-11/13/2025 Ready for Review-We disagree that a post close CD is required. We do not require the funds to be added to the CD as they are not part of the Purchase Transaction. All we require is confirmation Escrow/Title received the funds from the Donor. Per the E-mail, already in the file, any access funds received by Escrow will be released to the borrower. No additional documentation is needed. - Seller-11/13/2025 Counter-Gift of XXXX should reflect on the CD with refund to borrower or copy of wire sent to borrower. Gift is considered in applicable reserves and must be paper trailed.. - Due Diligence Vendor-11/07/2025 Ready for Review-We respectfully disagree. The borrower received two gifts; 1) XXXX cash gift and 2) XXXX gift of equity. The borrower did not require any cash to close. The delivered loan file included an email from the closing agent stating the excess gift funds would be wired to the borrower account at closing. Therefore, the borrower met the XXXX reserve requirements. - Seller-11/05/2025 Open-Audited Reserves of 7.38 month(s) are less than Guideline Required Reserves of 12 month(s) Borrower is short reserves - Due Diligence Vendor-11/05/2025 |
Ready for Review-We disagree that a post close CD is required. We do not require the funds to be added to the CD as they are not part of the Purchase Transaction. All we require is confirmation Escrow/Title received the funds from the Donor. Per the E-mail, already in the file, any access funds received by Escrow will be released to the borrower. No additional documentation is needed. - Seller-11/13/2025 Ready for Review-We respectfully disagree. The borrower received two gifts; 1) XXXX cash gift and 2) XXXX gift of equity. The borrower did not require any cash to close. The delivered loan file included an email from the closing agent stating the excess gift funds would be wired to the borrower account at closing. Therefore, the borrower met the $74,984.52 reserve requirements. - Seller-11/05/2025 |
Resolved-Gift confirmed by title company was not needed and guides allow gifts to be used for reserves. - Due Diligence Vendor-11/13/2025 |
Qualifying DTI below maximum allowed - Max DTI 50%- Borrower's DTI 5.58% Qualifying FICO score is at least 20 points above minimum for program - Min FICO 680--- Borrower's FICO 748 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 6138279 | ||
| XXXX | XXXX | 304892602 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 304896939 | D | A | D | A | A | A | A | A | Closed | FCRE8887 | 2025-11-13 11:43 | 2025-11-17 14:22 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received B2 signed 1003. - Due Diligence Vendor-11/17/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-11/14/2025 Counter-Initial 1003 provided, however the Final signed Loan Application is missing B2 information. - Due Diligence Vendor-11/13/2025 Open-The Final 1003 is Incomplete The Final 1003 is missing B2's information filled out as required. (B1 & B2 did sign) - Due Diligence Vendor-11/13/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-11/14/2025 |
Resolved-Received B2 signed 1003. - Due Diligence Vendor-11/17/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Lender minimum FICO is 700, borrower FICO 788. Required is 700 Borrower has 788 DSCR =/> 1.00 and minimum is 0.85 or Less - Lender minimum DSCR .80, borrower DSCR 1.077 Required is 0.8 Borrower has 1.077 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6240054 | |
| XXXX | XXXX | 304896977 | C | B | C | B | A | A | A | A | Closed | FPRO1249 | 2025-11-13 11:01 | 2025-11-13 15:17 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Neighborhood Location Not Allowed for Program | Waived-Originator exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-11/13/2025 Open-Primary Value Valuation Neighborhood Location Not Allowed for Program Approved lender exception on file. As per guides, max 20 acres allowed. Exception for property being XXXX acres - Due Diligence Vendor-11/13/2025 |
Waived-Originator exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-11/13/2025 |
DSCR % greater than 1.20 - Required is 0.8 Borrower has 2.416 Required is 0.8 Borrower has 2.416 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 771 Required is 700 Borrower has 771 |
high fico ltv 5 below max ratio over 2 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 6238610 | ||
| XXXX | XXXX | 305039342 | C | B | C | B | A | A | A | A | Closed | FCRE1197 | 2025-11-13 11:16 | 2025-11-13 13:46 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Originator exception granted to allow 690 FICO . Non-material waiver applied with comp factors. Deemed non-material due to only 10 points below requirement. - Due Diligence Vendor-11/13/2025 Open-Audited FICO of 690 is less than Guideline FICO of 700 Lender Exception: Approved to proceed 75% LTV with 690 FICO, a 10 Pt FICO exception. - Due Diligence Vendor-11/13/2025 |
Waived-Originator exception granted to allow 690 FICO . Non-material waiver applied with comp factors. Deemed non-material due to only 10 points below requirement. - Due Diligence Vendor-11/13/2025 |
DSCR % greater than 1.20 - Lender minimum DSCR 1.0, borrower DSCR 2.94 Required is 1 Borrower has 2.94 Long term residence - Borrowers have resided at primary residence for 12+ years. |
1. DSCR > 1.20 2. 0X30X24 3. At Prime Residence 12+ yrs. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 6239049 | ||
| XXXX | XXXX | 304896980 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2025-11-12 17:00 | 2025-11-19 15:21 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-11/19/2025 Ready for Review-Document Uploaded. Please see attached - Seller-11/18/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description attached to deed of trust - Due Diligence Vendor-11/12/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-11/18/2025 |
Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-11/19/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 724 Required is 700 Borrower has 724 Months Reserves exceed minimum required - Verified assets of 101.57 months exceeds the minimum required of 6 months |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6230471 | |
| XXXX | XXXX | 305039347 | C | A | C | A | A | A | A | A | Closed | FCRE1206 | 2025-11-17 10:34 | 2025-11-24 10:00 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Document Uploaded. XXXX and XXXX for appraiser received. - Due Diligence Vendor-11/24/2025 Counter-XXXX provided, please provide the updated exclusionary list. - Due Diligence Vendor-11/21/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-11/20/2025 Open-All Interested Parties Not Checked with Exclusionary Lists Appraiser and Settlement Agent to be added to the Loan Participants List. - Due Diligence Vendor-11/17/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-11/20/2025 |
Resolved-Document Uploaded. XXXX and XXXX for appraiser received. - Due Diligence Vendor-11/24/2025 |
Months Reserves exceed minimum required - Per the guidelines, no reserves are required. Borrower has 11.52 months of reserves. Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 699 Guideline minimum FICO score is 660. Borrower's qualifying FICO score is 699. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6272131 | |
| XXXX | XXXX | 305039349 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 304894198 | C | B | C | B | A | A | A | A | Closed | FPRO1249 | 2025-12-01 14:49 | 2025-12-01 16:48 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Neighborhood Location Not Allowed for Program | Waived-Originator exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-03/25/2026 Open-Primary Value Valuation Neighborhood Location Not Allowed for Program Lender Exception on file. "Requesting an exception for rural property. Eligible for purchase only on Non-QM+" Approved exception in file. Non-material with compensating factors. - Due Diligence Vendor-12/01/2025 |
Waived-Originator exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-03/25/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO 620, Bwr FICO 715 Required is 620 Borrower has 715 Qualifying DTI below maximum allowed - Max DTI 50%; borrower DTI 20.27%. Required is 50 Borrower has 20.27 |
DTI <43% Reserves Long term homeowner & employment Min debt FICO > 10pts above req |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | Yes | 6433853 | ||
| XXXX | XXXX | 305035419 | D | B | D | B | A | A | A | A | Closed | FCRE2244 | 2026-01-28 21:17 | 2026-02-19 10:07 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Waived-Subject loan cannot be underwritten as a 5-10 unit, it must be 1-4 property with an ADU which is not allowable per guidelines however, finding is deemed non-material and waived with comp factors. - Due Diligence Vendor-02/18/2026 Ready for Review-Please escalate this matter for manager review as TPR counters are looping without resolution. Counter is not valid, Lender notes the loan is priced as a 4 units pricing, which does not require an exception and the appraisal form used also does not require an exception. Please expedite this to be cleared as soon as possible - Seller-02/12/2026 Counter-The loan was submitted under the XXXX guides per the loan tape. Re-underwriting this loan to 5-10 multifamily matrix will not resolve the finding as it was not appraised as a 5-unit property and is not on a 71A form. - Due Diligence Vendor-02/06/2026 Ready for Review-Please escalate for manager review, loan qualifies as a 5 unit and is not underwritten as a 4 with ADU due to the fact that it does not fit those 2-4 unit requirements. - Seller-02/03/2026 Counter-Documentation received for review does not support 5-10 Multifamily. Tape and approval reflects XXXX 30 yr fixed IO. Appraisal completed on 1025. Original finding remains. - Due Diligence Vendor-02/01/2026 Ready for Review-Lender Notes that the loan was approved as it was underwritten to XXXX 5-10 Unit guidelines. Please expedite this to be cleared as soon as possible - Seller-01/29/2026 Open-Property Issues are identified for the property-ADU’s- The total units + Accessory Units on the property may NOT exceed 4 units. Subject property currently 4 Units plus ADU total 5. Exceed program guidelines, need an exception. - Due Diligence Vendor-01/29/2026 |
Ready for Review-Please escalate this matter for manager review as TPR counters are looping without resolution. Counter is not valid, Lender notes the loan is priced as a 4 units pricing, which does not require an exception and the appraisal form used also does not require an exception. Please expedite this to be cleared as soon as possible - Seller-02/12/2026 Ready for Review-Please escalate for manager review, loan qualifies as a 5 unit and is not underwritten as a 4 with ADU due to the fact that it does not fit those 2-4 unit requirements. - Seller-02/03/2026 Ready for Review-Lender Notes that the loan was approved as it was underwritten to XXXX’s 5-10 Unit guidelines. Please expedite this to be cleared as soon as possible - Seller-01/29/2026 |
Waived-Subject loan cannot be underwritten as a 5-10 unit, it must be 1-4 property with an ADU which is not allowable per guidelines however, finding is deemed non-material and waived with comp factors. - Due Diligence Vendor-02/18/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 700 Borrower has 762 Required is 700 Borrower has 762 LTV is less than guideline maximum - Max LTV is 80 Borrower has 58.82 Required is 80 Borrower has 58.82 DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR =/> 1.00 and minimum is 0.85 or Less. Min DSCR is 0.75 Borrower has 1.139. Required is 0.75 Borrower has 1.139 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | 7342140 | ||
| XXXX | XXXX | 305035419 | D | B | D | B | A | A | A | A | Closed | FCOM1220 | 2026-01-28 16:19 | 2026-02-04 15:27 | Resolved | 1 - Information | D | A | Credit | Missing Doc | The Deed of Trust is Missing | Resolved-Received Deed of Trust with missing signatures and legal. - Due Diligence Vendor-02/04/2026 Ready for Review-Document Uploaded. Please see attached complete Mtg DOT Legal copy. Please expedite this to be cleared as soon as possible - Seller-02/03/2026 Counter-Received only a portion of security instrument. Missing signature and notary pages. Provide complete security instrument. - Due Diligence Vendor-02/01/2026 Ready for Review-Document Uploaded. Please see attached Mtg DOT Legal - Seller-01/29/2026 Open-The Deed of Trust is Missing Missing the signature page and Notary pages of the Deed of Trust. - Due Diligence Vendor-01/28/2026 |
Ready for Review-Document Uploaded. Please see attached complete Mtg DOT Legal copy. Please expedite this to be cleared as soon as possible - Seller-02/03/2026 Ready for Review-Document Uploaded. Please see attached Mtg DOT Legal - Seller-01/29/2026 |
Resolved-Received Deed of Trust with missing signatures and legal. - Due Diligence Vendor-02/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 700 Borrower has 762 Required is 700 Borrower has 762 LTV is less than guideline maximum - Max LTV is 80 Borrower has 58.82 Required is 80 Borrower has 58.82 DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR =/> 1.00 and minimum is 0.85 or Less. Min DSCR is 0.75 Borrower has 1.139. Required is 0.75 Borrower has 1.139 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7339228 | |
| XXXX | XXXX | 305030884 | C | B | C | B | A | A | A | A | Closed | FCRE1440 | 2025-12-16 16:09 | 2026-01-02 17:38 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-After further review by management- property in question is owned by the business and not the borrower. Borrower is not personally liable and payment history not needed. Condition resolved. - Due Diligence Vendor-01/02/2026 Ready for Review-Not needed due to LLC holds lien, Please escalate for manager review, borrower is not personally liable - Seller-12/30/2025 Counter-Received CD that confirm existing liens. Missing payment history - Due Diligence Vendor-12/19/2025 Ready for Review-Document Uploaded. Lender notes the investment property mentioned on XXXX, is owned by the business and borrower is not personally liable for the current or prior mortgages. Please see attached shows XXXX, payment $14,115.56 taxes and insurance are impounded - Seller-12/17/2025 Open-Housing History Does Not Meet Guideline Requirements Missing the Housing Information and History for property 3f. Upon receipt, additional conditions maybe required. - Due Diligence Vendor-12/16/2025 |
Ready for Review-Not needed due to LLC holds lien, Please escalate for manager review, borrower is not personally liable - Seller-12/30/2025 Ready for Review-Document Uploaded. Lender notes the investment property mentioned on XXXX, is owned by the business and borrower is not personally liable for the current or prior mortgages. Please see attached shows XXXX, payment $14,115.56 taxes and insurance are impounded - Seller-12/17/2025 |
Resolved-After further review by management- property in question is owned by the business and not the borrower. Borrower is not personally liable and payment history not needed. Condition resolved. - Due Diligence Vendor-01/02/2026 |
LTV is less than guideline maximum - LTV is 80 Borrower has 70 Required is 80 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - FICO is 660 Borrower has 744 Required is 660 Borrower has 744 Qualifying DTI below maximum allowed - Max is 50 Borrower has 40.35 Required is 50 Borrower has 40.35 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6650547 | |
| XXXX | XXXX | 305030884 | C | B | C | B | A | A | A | A | Closed | FCRE1254 | 2025-12-17 07:42 | 2026-01-02 17:36 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-After further review by management, borrower is 100% owner of the business, registered agent information reflects borrower is the XXXX manager and director. condition is resolved - Due Diligence Vendor-01/02/2026 Ready for Review-not required, please escalate for manager review, proof of ownership has been documented - Seller-12/30/2025 Counter-Received Entity Information. Missing Percentage of ownership. - Due Diligence Vendor-12/19/2025 Ready for Review-Document Uploaded. Please see attached XXXX business look up reflects XXXX is owned by XXXX., Borrower assigned to and from owned LLCs - Seller-12/17/2025 Open-Property Title Issue Title current vesting in XXXX - business information not provided. - Due Diligence Vendor-12/17/2025 |
Ready for Review-not required, please escalate for manager review, proof of ownership has been documented - Seller-12/30/2025 Ready for Review-Document Uploaded. Please see attached UT business look up reflects XXXX is owned by XXXX., Borrower assigned to and from owned LLCs - Seller-12/17/2025 |
Resolved-After further review by management, borrower is 100% owner of the business, registered agent information reflects borrower is the Officerm manager and director. condition is resolved - Due Diligence Vendor-01/02/2026 |
LTV is less than guideline maximum - LTV is 80 Borrower has 70 Required is 80 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - FICO is 660 Borrower has 744 Required is 660 Borrower has 744 Qualifying DTI below maximum allowed - Max is 50 Borrower has 40.35 Required is 50 Borrower has 40.35 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6658836 | |
| XXXX | XXXX | 305030884 | C | B | C | B | A | A | A | A | Closed | FCRE0184 | 2025-12-16 16:18 | 2025-12-22 16:38 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Cash-out Letter on a Business Purpose Loan | Resolved-Received Business Certification - Due Diligence Vendor-12/22/2025 Ready for Review-Received Business Certification - Due Diligence Vendor-12/19/2025 Ready for Review-Document Uploaded. Please see attached, Business purpose Cert - Seller-12/17/2025 Open-Missing Cash-out Letter on a Business Purpose Loan. Missing Cash Out Letter. - Due Diligence Vendor-12/16/2025 |
Ready for Review-Document Uploaded. Please see attached, Business purpose Cert - Seller-12/17/2025 |
Resolved-Received Business Certification - Due Diligence Vendor-12/22/2025 |
LTV is less than guideline maximum - LTV is 80 Borrower has 70 Required is 80 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - FICO is 660 Borrower has 744 Required is 660 Borrower has 744 Qualifying DTI below maximum allowed - Max is 50 Borrower has 40.35 Required is 50 Borrower has 40.35 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6650674 | |
| XXXX | XXXX | 305030884 | C | B | C | B | A | A | A | A | Closed | FPRO1249 | 2025-12-16 15:37 | 2025-12-19 14:51 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Neighborhood Location Not Allowed for Program | Waived-Primary Value Valuation Neighborhood Location Not Allowed for Program Originator exception granted for property is XXXX acres, waiver applied with comp factors. - Due Diligence Vendor-03/26/2026 Ready for Review-Document Uploaded. Please see attached exception used to final approve loan - Seller-12/17/2025 Open-Primary Value Valuation Neighborhood Location Not Allowed for Program Subject's Acreage exceeds the guideline maximum of 20 acres. This property is not acceptable, per guidelines. - Due Diligence Vendor-12/16/2025 |
Ready for Review-Document Uploaded. Please see attached exception used to final approve loan - Seller-12/17/2025 |
Waived-Primary Value Valuation Neighborhood Location Not Allowed for Program Originator exception granted for property is XXXX acres, waiver applied with comp factors. - Due Diligence Vendor-03/26/2026 |
LTV is less than guideline maximum - LTV is 80 Borrower has 70 Required is 80 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - FICO is 660 Borrower has 744 Required is 660 Borrower has 744 Qualifying DTI below maximum allowed - Max is 50 Borrower has 40.35 Required is 50 Borrower has 40.35 |
Fico 744 No Housing Lates Using cash back on loan, borrower will have excess reserves |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | 6650047 |
| XXXX | XXXX | 305029420 | B | B | B | B | A | A | A | A | Closed | FCRE1193 | 2025-12-19 15:21 | 2025-12-30 16:43 | Waived | 2 - Non-Material | B | B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Originator waiver applied to non-material finding with compensating factors- allow the use of the ADU rent income on a primary - Due Diligence Vendor-12/30/2025 Ready for Review-Document Uploaded. Please see attached exception allowing the use of ADU Rental Income for qualifying. - Seller-12/24/2025 Open-Audited DTI of 52.69% exceeds Guideline DTI of 45% DTI is excessive @ 52.69% (Lender used subject XXXX rents of $XXXX/m in qualifying. Per Lender Guides (7.2), Purchase: Owner-Occupied/2nd Home: Income from the accessory unit may not be used as qualifying income). - Due Diligence Vendor-12/19/2025 |
Ready for Review-Document Uploaded. Please see attached exception allowing the use of XXXX Income for qualifying. - Seller-12/24/2025 |
Waived-Originator waiver applied to non-material finding with compensating factors- allow the use of the ADU rent income on a primary - Due Diligence Vendor-12/30/2025 |
Residual Income =/> 1.5 times $3,500 monthly residual income - $10,015.06 in Residual Income which is =/> 1.5 times $3,500 monthly residual income Credit history exceeds minimum required - Borrower has 0x30 credit reporting since 9.2019. |
0x30x24 credit history- no delinquencies residual income is greater that 1.5 times/$3500.00 monthly income |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 6713387 |
| XXXX | XXXX | 305030891 | D | B | D | B | A | A | A | A | Closed | FCRE1194 | 2025-12-31 06:34 | 2026-01-05 09:12 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Originator waiver applied to non-material finding with compensating factors- to allow for 10% LTV,/80% LTV for rural and unleased. - Due Diligence Vendor-01/05/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-12/31/2025 Open-Audited LTV of 80% exceeds Guideline LTV of 75% 1008 states exception approved for Rural property at 80%LTV, however exception is missing from file. - Due Diligence Vendor-12/31/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-12/31/2025 |
Waived-Originator waiver applied to non-material finding with compensating factors- to allow for 10% LTV,/80% LTV for rural and unleased. - Due Diligence Vendor-01/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 724 DSCR % greater than 1.20 - Required is 0.75 Borrower has 2.541 |
FICO score is 20+ above min required per guides 24+ month credit history exceeds min required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 6867731 |
| XXXX | XXXX | 305030891 | D | B | D | B | A | A | A | A | Closed | FCRE1157 | 2025-12-31 06:16 | 2026-01-02 15:07 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-Received HOI. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-12/31/2025 Open-Missing Hazard Insurance Policy Missing HOI Policy. - Due Diligence Vendor-12/31/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-12/31/2025 |
Resolved-Received HOI. - Due Diligence Vendor-01/02/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 724 DSCR % greater than 1.20 - Required is 0.75 Borrower has 2.541 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6867559 | |
| XXXX | XXXX | 305030845 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305030847 | D | A | A | A | A | A | D | A | Closed | FCOM9400 | 2026-01-02 16:41 | 2026-01-12 13:26 | Resolved | 1 - Information | D | A | Property | Missing Doc | Property 1: Missing Second Valuation Product | Resolved-Received desk review. - Due Diligence Vendor-01/12/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/08/2026 Open-The file contains a CU and LCA; however, the LCA score is 3.5. Per section 8.1.3 of guides: The file must include a copy of the Submission Summary Report (SSR). (Only one score required, if both scores (CU & LCA) provided, both required to be 2.5 or less). If the score exceeds 2.5 or indeterminate/no score, the file must include either an AVM, enhanced desk review, field review, or second appraisal. The file does not contain an AVM, enhanced desk review, field review, or second appraisal to support the primary valuation. - Due Diligence Vendor-01/02/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-01/08/2026 |
Resolved-Received desk review. - Due Diligence Vendor-01/12/2026 |
LTV is less than guideline maximum - Max LTV is 65 Borrower has 59.65 Required is 65 Borrower has 59.65 DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR =/> 1.00 and minimum is 0.85 or Less. Borrower's DSCR 1.073% and the min .75%. Required is 0.75 Borrower has 1.073 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6902451 | |
| XXXX | XXXX | 305029472 | D | A | D | A | A | A | A | A | Closed | FCRE6019 | 2026-01-02 15:10 | 2026-01-26 13:32 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received snapshot of 1003 country of origin XXXX - Due Diligence Vendor-01/26/2026 Ready for Review-Please see attached snapshot showing the borrower's nationality. Info is recorded in our system; however, does not transfer to the 1003 - Seller-01/22/2026 Ready for Review-Document Uploaded. - Seller-01/22/2026 Counter-No new document provided. Missing country of origin. XXXX be noted on 1003 or passport acceptable. - Due Diligence Vendor-01/21/2026 Ready for Review-Please escalate for manager review, Requirements have been met for NON QM Guidelines re: ITIN borrower - Seller-01/17/2026 Counter-Received iTIN and photo ID. Missing country of origin. XXXX be noted on 1003 or passport acceptable. - Due Diligence Vendor-01/12/2026 Ready for Review-Lender notes Borrower meets NON QM guidelines Section 2.1, Please see attached supporting docs and highlighted guideline sections. - Seller-01/09/2026 Open-Borrower Citizenship Documentation Is Missing Missing citizenship documentation. - Due Diligence Vendor-01/02/2026 |
Ready for Review-Please see attached snapshot showing the borrower's nationality. Info is recorded in our system; however, does not transfer to the 1003 - Seller-01/22/2026 Ready for Review-Document Uploaded. - Seller-01/22/2026 Ready for Review-Please escalate for manager review, Requirements have been met for NON QM Guidelines re: ITIN borrower - Seller-01/17/2026 Ready for Review-Lender notes Borrower meets NON QM guidelines Section 2.1, Please see attached supporting docs and highlighted guideline sections. - Seller-01/09/2026 |
Resolved-Received snapshot of 1003 country of origin Mexico - Due Diligence Vendor-01/26/2026 |
LTV is less than guideline maximum - LTV is less than guideline maximum Required is 80 Borrower has 64.94 Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score is at least 20 points above minimum for program Required is 660 Borrower has 715 Qualifying DTI below maximum allowed - Qualifying DTI below maximum allowed Required is 50 Borrower has 6.72 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6901109 | |
| XXXX | XXXX | 305029472 | D | A | D | A | A | A | A | A | Closed | FCRE5790 | 2026-01-05 10:48 | 2026-01-07 13:27 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Fraud Report UDM updated XXXX - within 10 Days of Closing - Due Diligence Vendor-01/07/2026 Ready for Review-Document Uploaded. Lender notes the DataVerify was last updated XXXX and Note was signed on XXXX “Closing Date” is within 10 days requirement. Please clear - Seller-01/05/2026 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). Drive reported is dated XXXX note date is XXXX - Due Diligence Vendor-01/05/2026 |
Ready for Review-Document Uploaded. Lender notes the XXXX was last updated XXXX and Note was signed on XXXX “Closing Date” is within 10 days requirement. Please clear - Seller-01/05/2026 |
Resolved-Fraud Report UDM updated XXXX - within 10 Days of Closing - Due Diligence Vendor-01/07/2026 |
LTV is less than guideline maximum - LTV is less than guideline maximum Required is 80 Borrower has 64.94 Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score is at least 20 points above minimum for program Required is 660 Borrower has 715 Qualifying DTI below maximum allowed - Qualifying DTI below maximum allowed Required is 50 Borrower has 6.72 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6914458 | |
| XXXX | XXXX | 305029472 | D | A | D | A | A | A | A | A | Closed | FCRE4989 | 2026-01-05 09:57 | 2026-01-07 13:27 | Resolved | 1 - Information | C | A | Credit | Closing | Collections, liens or judgments not paid at closing | Resolved-Received Title Supp and Settlement Statement - Delinquent Taxes Paid at Closing - Due Diligence Vendor-01/07/2026 Ready for Review-Document Uploaded. Please see attached Prelim supplement used to final approve loan - Seller-01/06/2026 Open-VEREIFY ALL PAST DUE TAXES ARE PAID IN FULL AS PER TITLE EXCEEPTOIN #2 PAGE 4 OF TITLE WORK. - Due Diligence Vendor-01/05/2026 |
Ready for Review-Document Uploaded. Please see attached Prelim supplement used to final approve loan - Seller-01/06/2026 |
Resolved-Received Title Supp and Settlement Statement - Delinquent Taxes Paid at Closing - Due Diligence Vendor-01/07/2026 |
LTV is less than guideline maximum - LTV is less than guideline maximum Required is 80 Borrower has 64.94 Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score is at least 20 points above minimum for program Required is 660 Borrower has 715 Qualifying DTI below maximum allowed - Qualifying DTI below maximum allowed Required is 50 Borrower has 6.72 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6913288 | |
| XXXX | XXXX | 305029472 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | 2026-01-05 09:55 | 2026-01-07 13:25 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Received Title Supp and Settlement Statement - Delinquent Taxes Paid at Closing - Due Diligence Vendor-01/07/2026 Ready for Review-Document Uploaded. Please see attached taxes paid at closing reflect on settlement statement. - Seller-01/06/2026 Open-Property Title Issue Provide judgement and lien affidavit. Per page 5 of title. - Due Diligence Vendor-01/05/2026 |
Ready for Review-Document Uploaded. Please see attached taxes paid at closing reflect on settlement statement. - Seller-01/06/2026 |
Resolved-Received Title Supp and Settlement Statement - Delinquent Taxes Paid at Closing - Due Diligence Vendor-01/07/2026 |
LTV is less than guideline maximum - LTV is less than guideline maximum Required is 80 Borrower has 64.94 Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score is at least 20 points above minimum for program Required is 660 Borrower has 715 Qualifying DTI below maximum allowed - Qualifying DTI below maximum allowed Required is 50 Borrower has 6.72 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6913240 | |
| XXXX | XXXX | 305030837 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 305029493 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-01-06 14:04 | 2026-01-15 14:40 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-01/15/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/14/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal - Due Diligence Vendor-01/08/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-01/14/2026 |
Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-01/15/2026 |
Qualifying DTI below maximum allowed - 35.68% DTI, is below max of 50%. Months Reserves exceed minimum required - 33 Months Reserves exceed 6 months minimum required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6941290 | |
| XXXX | XXXX | 305029493 | C | A | C | A | A | A | A | A | Closed | FCRE1143 | 2026-01-08 09:55 | 2026-01-13 13:48 | Resolved | 1 - Information | C | A | Credit | Eligibility | Builder in Control of the HOA | Resolved-Questionnaire confirm Builder control will be removed upon 90% completion. - Due Diligence Vendor-01/13/2026 Ready for Review-Document Uploaded. The requested document was included in the delivered loan file. Please refer to page 151-153 and attached herein. - Seller-01/12/2026 Counter-No document provided. Did not locate a Master agreement confirming the homeowners to take control upon either a predetermined percentage of unit sales or within a defined time period. Please provide referenced document. - Due Diligence Vendor-01/12/2026 Ready for Review-Per XXXX DSCR guidelines, The developer may be in control of the condominium association as long as the Master Agreement provides for the homeowners to take control upon either a predetermined percentage of unit sales or within a defined time period. According to the Condo Questionnaire, predetermined percentage of unit sales is indicated at 90%. - Seller-01/08/2026 Open-Builder is in control of HOA - Due Diligence Vendor-01/08/2026 |
Ready for Review-Document Uploaded. The requested document was included in the delivered loan file. Please refer to page 151-153 and attached herein. - Seller-01/12/2026 Ready for Review-Per XXXX DSCR guidelines, The developer may be in control of the condominium association as long as the Master Agreement provides for the homeowners to take control upon either a predetermined percentage of unit sales or within a defined time period. According to the Condo Questionnaire, predetermined percentage of unit sales is indicated at 90%. - Seller-01/08/2026 |
Resolved-Questionnaire confirm Builder control will be removed upon 90% completion. - Due Diligence Vendor-01/13/2026 |
Qualifying DTI below maximum allowed - 35.68% DTI, is below max of 50%. Months Reserves exceed minimum required - 33 Months Reserves exceed 6 months minimum required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6982130 | |
| XXXX | XXXX | 305029493 | C | A | C | A | A | A | A | A | Closed | FCRE0179 | 2026-01-08 10:38 | 2026-01-12 12:56 | Resolved | 1 - Information | C | A | Credit | Eligibility | UW Attestation/Docs stating warrantability are missing | Resolved-Received UW Attestation. - Due Diligence Vendor-01/12/2026 Ready for Review-Document Uploaded. The requested document was included in the delivered loan file. Please refer to 2 attached herein. - Seller-01/08/2026 Open-UW Attestation/Docs stating warrantability are missing. - Due Diligence Vendor-01/08/2026 |
Ready for Review-Document Uploaded. The requested document was included in the delivered loan file. Please refer to 2 attached herein. - Seller-01/08/2026 |
Resolved-Received UW Attestation. - Due Diligence Vendor-01/12/2026 |
Qualifying DTI below maximum allowed - 35.68% DTI, is below max of 50%. Months Reserves exceed minimum required - 33 Months Reserves exceed 6 months minimum required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6983919 | |
| XXXX | XXXX | 305029493 | C | A | C | A | A | A | A | A | Closed | FCRE0108 | 2026-01-08 12:38 | 2026-01-12 12:55 | Resolved | 1 - Information | C | A | Credit | Insurance | Fidelity Coverage not met | Resolved-Received proof of sufficient Fidelity Coverage. - Due Diligence Vendor-01/12/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/08/2026 Open-Fidelity Coverage not met. Fidelity Coverage missing from master policy provided - Due Diligence Vendor-01/08/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-01/08/2026 |
Resolved-Received proof of sufficient Fidelity Coverage. - Due Diligence Vendor-01/12/2026 |
Qualifying DTI below maximum allowed - 35.68% DTI, is below max of 50%. Months Reserves exceed minimum required - 33 Months Reserves exceed 6 months minimum required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6988926 | |
| XXXX | XXXX | 305029493 | C | A | C | A | A | A | A | A | Closed | FCRE0099 | 2026-01-08 12:33 | 2026-01-12 12:54 | Resolved | 1 - Information | C | A | Credit | Eligibility | Discrepancy between Condo Questionnaire and Appraisal | Resolved-Upon further review, the loan file contained all required documentation. - Due Diligence Vendor-01/12/2026 Ready for Review-Please note that it is not our requirement for the Appraisal and Condo Questionnaire to match. We note that the Appraiser does not always have the most up to date information; therefore, we compare the data and use the information provided by the HOA as it would be the most recent and updated information. - Seller-01/08/2026 Open-# of investments, # sold. Provide appraiser with questionnaire to update - Due Diligence Vendor-01/08/2026 |
Ready for Review-Please note that it is not our requirement for the Appraisal and Condo Questionnaire to match. We note that the Appraiser does not always have the most up to date information; therefore, we compare the data and use the information provided by the HOA as it would be the most recent and updated information. - Seller-01/08/2026 |
Resolved-Upon further review, the loan file contained all required documentation. - Due Diligence Vendor-01/12/2026 |
Qualifying DTI below maximum allowed - 35.68% DTI, is below max of 50%. Months Reserves exceed minimum required - 33 Months Reserves exceed 6 months minimum required |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6988806 | ||
| XXXX | XXXX | 305030893 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305030873 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 305030895 | C | A | C | A | A | A | A | A | Closed | FCRE0113 | 2026-01-12 09:38 | 2026-02-18 15:25 | Resolved | 1 - Information | C | A | Credit | Eligibility | Property/Appraisal General (Credit) | Resolved-Income and Expense statement provided. - Due Diligence Vendor-02/18/2026 Ready for Review-Document Uploaded. Pl3ease see attached Owner's Income and Expense Statement. - Seller-02/18/2026 Open-Missing Income and Expense Statement - Due Diligence Vendor-01/12/2026 |
Ready for Review-Document Uploaded. Pl3ease see attached Owner's Income and Expense Statement. - Seller-02/18/2026 |
Resolved-Income and Expense statement provided. - Due Diligence Vendor-02/18/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 39.79 Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 762 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7036988 | |
| XXXX | XXXX | 305030889 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305030864 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305039265 | C | A | C | A | A | A | A | A | Closed | FCRE1491 | 2026-01-06 16:07 | 2026-01-22 13:56 | Resolved | 1 - Information | C | A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Received verification that the gift amount wired to the title company in the amount of XXXX, gift letter is in the amount of XXXX, actual gift is less than the gift letter. - Due Diligence Vendor-01/22/2026 Ready for Review-Document Uploaded. Please escalate this for manager review, the gift letter meets all NON QM detail 9.6 Section requirements. Lenders notes the gift funds were verified to be sufficient to close, the amount of gift funds are within the gift amount and not exceeding the terms stated on the gift letter. No further docs are required, funds used to close suffice. Please expedite and clear as soon as possible - Seller-01/17/2026 Counter-Received Proof of Wire. Guideline indicates The gift letter must: specify the actual or the maximum dollar amount of the gift. We can not "consider" it is up to. Finding remains. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. Please see supervisor, not valid; Lender notes this finding has come up often and each response has been that the Gift letter amount is considered “up to” and no further documentation is required for funds verified as being less than what is stated on the gift letter. The XXXX Guidelines do not require the gift letter to be exact at closing. Also, Please see attached highlighted wire details shows exact match as stated account info on Gift letter. Please clear - Seller-01/07/2026 Open-Asset Qualification Does Not Meet Guideline Requirements 1. Wire amount of XXXX in file does not coincide with Gift letter at XXXX. 2. Wire does not show the donor's name. - Due Diligence Vendor-01/06/2026 |
Ready for Review-Document Uploaded. Please escalate this for manager review, the gift letter meets all NON QM detail 9.6 Section requirements. Lenders notes the gift funds were verified to be sufficient to close, the amount of gift funds are within the gift amount and not exceeding the terms stated on the gift letter. No further docs are required, funds used to close suffice. Please expedite and clear as soon as possible - Seller-01/17/2026 Ready for Review-Document Uploaded. Please see supervisor, not valid; Lender notes this finding has come up often and each response has been that the Gift letter amount is considered “up to” and no further documentation is required for funds verified as being less than what is stated on the gift letter. The XXXX Guidelines do not require the gift letter to be exact at closing. Also, Please see attached highlighted wire details shows exact match as stated account info on Gift letter. Please clear - Seller-01/07/2026 |
Resolved-Received verification that the gift amount wired to the title company in the amount of XXXX, gift letter is in the amount of XXXX, actual gift is less than the gift letter. - Due Diligence Vendor-01/22/2026 |
Qualifying DTI below maximum allowed - DTI Required is 50.49% Borrower has 34.63%. Required is 50.49 Borrower has 34.94 Qualifying FICO score is at least 20 points above minimum for program - FICO Required is 660 Borrower has 708. Required is 660 Borrower has 708 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 6944417 | |
| XXXX | XXXX | 305035319 | C | A | C | A | A | A | A | A | Closed | FCRE1143 | 2026-01-13 09:09 | 2026-03-16 17:03 | Resolved | 1 - Information | C | A | Credit | Eligibility | Builder in Control of the HOA | Resolved-Builder is in control of HOA Condo questionnaire confirms will be turned over once 90% of units are closed. - Due Diligence Vendor-01/15/2026 Ready for Review-Document Uploaded. Disagree, not a valid finding. Lender notes the Subject Condo project is Non-warrantable meets DSCR guidelines section 8.10.2 Project Review Non-Warrantable - Seller-01/14/2026 Open-Builder is in control of HOA - Due Diligence Vendor-01/13/2026 |
Ready for Review-Document Uploaded. Disagree, not a valid finding. Lender notes the Subject Condo project is Non-warrantable meets DSCR guidelines section 8.10.2 Project Review Non-Warrantable - Seller-01/14/2026 |
Resolved-Builder is in control of HOA Condo questionnaire confirms will be turned over once 90% of units are closed. - Due Diligence Vendor-01/15/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 60 Required is 70 Borrower has 60 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.095 Required is 0.8 Borrower has 1.095 Months Reserves exceed minimum required - 3 months reserves required, borrower has 8.29 documented |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7059621 | |
| XXXX | XXXX | 305035316 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305035406 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305039208 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305035311 | D | A | D | A | A | A | A | A | Closed | FCRE8887 | 2026-01-14 17:56 | 2026-01-22 17:03 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received updated 1003. - Due Diligence Vendor-01/22/2026 Ready for Review-Document Uploaded. Please see corrected 1003 - Seller-01/21/2026 Open-Loan application is missing a 2 year housing history. 16 months of housing was provided. - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. Please see corrected 1003 - Seller-01/21/2026 |
Resolved-Received updated 1003. - Due Diligence Vendor-01/22/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 712 Months Reserves exceed minimum required - Min 6, actual 25.50 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7097430 | |
| XXXX | XXXX | 305035311 | D | A | D | A | A | A | A | A | Closed | FCRE1158 | 2026-01-14 11:20 | 2026-01-20 14:03 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received complete HOI policy. - Due Diligence Vendor-01/20/2026 Ready for Review-Document Uploaded. See attached updated EOI. - Seller-01/15/2026 Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided Missing policy number and dates the policy is effective. File contains the binder. - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. See attached updated EOI. - Seller-01/15/2026 |
Resolved-Received complete HOI policy. - Due Diligence Vendor-01/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 712 Months Reserves exceed minimum required - Min 6, actual 25.50 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7087334 | |
| XXXX | XXXX | 305035311 | D | A | D | A | A | A | A | A | Closed | FCOM1350 | 2026-01-14 10:33 | 2026-01-20 13:59 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Signed Loan Agreement or Term Sheet | Resolved-Received Loan Agreement signed by the Lender - Due Diligence Vendor-01/20/2026 Ready for Review-Document Uploaded. See attached Signed Lender Loan Agreement. - Seller-01/15/2026 Open-The Subject Loan is a Business Purpose Loan but the Loan Agreement/Term Sheet Doc is 'Partial'. Missing Lender signature - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. See attached Signed Lender Loan Agreement. - Seller-01/15/2026 |
Resolved-Received Loan Agreement signed by the Lender - Due Diligence Vendor-01/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 712 Months Reserves exceed minimum required - Min 6, actual 25.50 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7086177 | |
| XXXX | XXXX | 305035311 | D | A | D | A | A | A | A | A | Closed | FCRE8701 | 2026-01-14 17:28 | 2026-01-20 13:59 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received Business Entity Formation Documentation - Due Diligence Vendor-01/20/2026 Ready for Review-Document Uploaded. Pls see attached document - Articles of Organization, EIN, Cert of Existence and Operating Agreement. - Seller-01/15/2026 Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. Missing all required documents for LLC in which the subject loan closed. Subject to additional conditions - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. Pls see attached document - Articles of Organization, EIN, Cert of Existence and Operating Agreement. - Seller-01/15/2026 |
Resolved-Received Business Entity Formation Documentation - Due Diligence Vendor-01/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 712 Months Reserves exceed minimum required - Min 6, actual 25.50 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7096138 | |
| XXXX | XXXX | 305039269 | C | A | C | A | A | A | A | A | Closed | FCRE5790 | 2026-01-14 14:48 | 2026-01-20 15:05 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Received Drive report with Undisclosed Debt Verification. No new debt noted. - Due Diligence Vendor-01/20/2026 Ready for Review-Document Uploaded. See attached Final DV report - Last condition/Score Update XXXX as of 2pm. CD Is XXXX. No issues found. - Seller-01/16/2026 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). Not dated w/in 10 days of Note - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. See attached Final DV report - Last condition/Score Update XXXX as of 2pm. CD Is XXXX. No issues found. - Seller-01/16/2026 |
Resolved-Received Drive report with Undisclosed Debt Verification. No new debt noted. - Due Diligence Vendor-01/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 760 Qualifying DTI below maximum allowed - Required is 50 Borrower has 0.33 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7093095 | |
| XXXX | XXXX | 305039269 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-01-14 14:14 | 2026-01-20 15:03 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received DOT with signature page and Legal description - Due Diligence Vendor-01/20/2026 Ready for Review-Document Uploaded. See attached DOT with signature page, notary and legal description. - Seller-01/16/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing signature page and Legal description - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. See attached DOT with signature page, notary and legal description. - Seller-01/16/2026 |
Resolved-Received DOT with signature page and Legal description - Due Diligence Vendor-01/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 760 Qualifying DTI below maximum allowed - Required is 50 Borrower has 0.33 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7092402 | |
| XXXX | XXXX | 305035310 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305035359 | C | A | C | A | A | A | A | A | Closed | FCRE8013 | 2026-01-14 15:42 | 2026-01-30 16:04 | Resolved | 1 - Information | C | A | Credit | Eligibility | Purchase Contract Issue | Resolved-Title provided the LLC Affidavit showing the 2 listed Sellers are the owners of XXXX. - Due Diligence Vendor-01/30/2026 Ready for Review-The lender notes that title verification confirms XXXX and XXXX as the members of XXXX, which matches the sellers listed on the fully executed purchase contract. The transaction closed with an Entity Affidavit provided by title, verifying that XXXX and XXXX are authorized members of XXXX and establishing their authority to convey title. Additionally, the recorded deed transferring title at closing reflects the correct seller entity, thereby fully satisfying the DSCR guideline requirement stating: “For a purchase loan, the vesting will state the seller’s name(s) and should match the purchase contract. A deed transferring title will be required at closing.” Based on the documentation provided: - Seller identity has been properly verified - Purchase contract and vesting are consistent - Entity authority has been confirmed by title - Deed transfer requirements have been met All Accordingly, the file is fully compliant with DSCR guidelines, and no additional documentation is necessary or required. We respectfully request this item be cleared and expedited at the earliest opportunity. - Seller-01/30/2026 Counter-Received Entity Affidavit from title. Original finding remains. - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. - Seller-01/27/2026 Ready for Review-Document Uploaded. Please see attached the Closing agent docs reflect the sellers as XXXX and XXXX and "XXXX". Please expedite this to be cleared as soon as possible - Seller-01/27/2026 Counter-11.1 of the guidelines state for a purchase loan, the vesting will state the seller’s name(s) and should match the purchase contract - Due Diligence Vendor-01/20/2026 Ready for Review-Disagree, not a valid finding due to fact that the buyers’ vesting is not a purchase agreement requirement that affects the purchase price, financing terms, contingencies, closing date, and responsibilities of both parties. How vesting is held does not change agreed terms. Please clear - Seller-01/15/2026 Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. Missing copy of the Purchase Contract Addendum reflecting vesting in an LLC. - Due Diligence Vendor-01/14/2026 |
Ready for Review-The lender notes that title verification confirms XXXX and XXXX as the members of XXXX, which matches the sellers listed on the fully executed purchase contract. The transaction closed with an Entity Affidavit provided by title, verifying that XXXX and XXXX are authorized members of XXXX and establishing their authority to convey title. Additionally, the recorded deed transferring title at closing reflects the correct seller entity, thereby fully satisfying the DSCR guideline requirement stating: “For a purchase loan, the vesting will state the seller’s name(s) and should match the purchase contract. A deed transferring title will be required at closing.” Based on the documentation provided: - Seller identity has been properly verified - Purchase contract and vesting are consistent - Entity authority has been confirmed by title - Deed transfer requirements have been met All Accordingly, the file is fully compliant with DSCR guidelines, and no additional documentation is necessary or required. We respectfully request this item be cleared and expedited at the earliest opportunity. - Seller-01/30/2026 Ready for Review-Document Uploaded. - Seller-01/27/2026 Ready for Review-Document Uploaded. Please see attached the Closing agent docs reflect the sellers as XXXX and XXXX and "XXXX". Please expedite this to be cleared as soon as possible - Seller-01/27/2026 Ready for Review-Disagree, not a valid finding due to fact that the buyers’ vesting is not a purchase agreement requirement that affects the purchase price, financing terms, contingencies, closing date, and responsibilities of both parties. How vesting is held does not change agreed terms. Please clear - Seller-01/15/2026 |
Resolved-Title provided the LLC Affidavit showing the 2 listed Sellers are the owners of XXXX. - Due Diligence Vendor-01/30/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 710 On time mortgage history exceeds guideline requirement - Min 1x30x12, actual 0x30x65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7094524 | |
| XXXX | XXXX | 305035359 | C | A | C | A | A | A | A | A | Closed | FCRE1509 | 2026-01-15 10:06 | 2026-01-20 14:43 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Note Document | Resolved-Received signed copy of the Note. - Due Diligence Vendor-01/20/2026 Ready for Review-Document Uploaded. Please see attached Note Copy - Seller-01/15/2026 Open-Note is not executed by borrower. Subject to additional conditions - Due Diligence Vendor-01/15/2026 |
Ready for Review-Document Uploaded. Please see attached Note Copy - Seller-01/15/2026 |
Resolved-Received signed copy of the Note. - Due Diligence Vendor-01/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 710 On time mortgage history exceeds guideline requirement - Min 1x30x12, actual 0x30x65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7109248 | |
| XXXX | XXXX | 305039274 | D | A | D | A | A | A | A | A | Closed | FCRE1481 | 2026-01-14 19:21 | 2026-01-23 14:58 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 3 Does Not Meet Guideline Requirements | Resolved-Per Lender excluded gift funds - Due Diligence Vendor-01/23/2026 Ready for Review-Document Uploaded. Please refer to the attached 1003, 1008, CD and gift letter which confirm there is no Gift in the amount of XXXX. - Seller-01/16/2026 Counter-Various Gift fund wire receipts provided. Please provide the wire receipt for XXXX Gift funds. - Due Diligence Vendor-01/16/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/15/2026 Open-Asset Record 3 Does Not Meet G/L Requirements Transfer of donor funds not found - Due Diligence Vendor-01/15/2026 |
Ready for Review-Document Uploaded. Please refer to the attached 1003, 1008, CD and gift letter which confirm there is no Gift in the amount of XXXX. - Seller-01/16/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/15/2026 |
Resolved-Per Lender excluded gift funds - Due Diligence Vendor-01/23/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 779 Required is 720 Borrower has 779 Qualifying DTI below maximum allowed - Required is 45 Borrower has 37.29 Required is 45 Borrower has 37.29 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7100462 | |
| XXXX | XXXX | 305039274 | D | A | D | A | A | A | A | A | Closed | FCRE1482 | 2026-01-14 19:21 | 2026-01-23 14:58 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 4 Does Not Meet Guideline Requirements | Resolved-Received Wire Receipt. - Due Diligence Vendor-01/16/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/15/2026 Open-Asset 4 Does Not Meet Guideline Requirements Transfer of donor funds not found - Due Diligence Vendor-01/15/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-01/15/2026 |
Resolved-Received Wire Receipt. - Due Diligence Vendor-01/16/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 779 Required is 720 Borrower has 779 Qualifying DTI below maximum allowed - Required is 45 Borrower has 37.29 Required is 45 Borrower has 37.29 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7100464 | |
| XXXX | XXXX | 305039274 | D | A | D | A | A | A | A | A | Closed | FCRE5770 | 2026-01-14 19:09 | 2026-01-16 16:43 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Received Credit Report. - Due Diligence Vendor-01/16/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/15/2026 Open-Borrower 1 Credit Report is Missing. Not found in file - Due Diligence Vendor-01/15/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-01/15/2026 |
Resolved-Received Credit Report. - Due Diligence Vendor-01/16/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 779 Required is 720 Borrower has 779 Qualifying DTI below maximum allowed - Required is 45 Borrower has 37.29 Required is 45 Borrower has 37.29 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7100289 | |
| XXXX | XXXX | 305039290 | C | B | A | A | C | B | A | A | Closed | finding-3617 | 2026-01-14 10:24 | 2026-01-27 08:25 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID Initial Closing Disclosure Date and Funding Date Validation Test | Resolved-----Received PCCD dated XXXX. Finding Resolved. - Due Diligence Vendor-01/27/2026 Ready for Review-Document Uploaded. Please see attached PCCD - Seller-01/25/2026 Counter-----Received seller Final CD. Please provide borrower's PCCD or settlement statement. - Due Diligence Vendor-01/16/2026 Ready for Review-Document Uploaded. Please see attached FINAL CD - Seller-01/15/2026 Open-This loan failed the TRID closing disclosure date and funding date validation test.This loan contains a closing disclosure receipt date (or closing disclosure delivery date if receipt date was not provided) that is after the funding date. Please review the loan data to ensure the dates are in the correct fields. -----Final CD shows disbursement date of XXXX, but closing date is XXXX. Provide evidence the loan did not disburse prior to closing. - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. Please see attached PCCD - Seller-01/25/2026 Ready for Review-Document Uploaded. Please see attached FINAL CD - Seller-01/15/2026 |
Resolved-----Received PCCD dated XXXX. Finding Resolved. - Due Diligence Vendor-01/27/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 775 which exceeds the minimum of 680 Required is 680 Borrower has 775 LTV is less than guideline maximum - LTV of 80% is below the maximum of 85% allowed per guidelines Required is 85 Borrower has 80 Qualifying DTI below maximum allowed - DTI of 39.58% is below the maximum allowed per guidelines of 50% Required is 50 Borrower has 40.48 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7085831 | |
| XXXX | XXXX | 305039290 | C | B | A | A | C | B | A | A | Closed | FCOM1124 | 2026-01-14 09:48 | 2026-01-14 09:48 | Waived | 2 - Non-Material | B | B | Compliance | Data | Borrower 1 Final Signature Date is in the future | Waived-Borrower 1 Final Signature Date is greater than the transaction date of XXXX -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-01/14/2026 | Waived-Borrower 1 Final Signature Date is greater than the transaction date of XXXX -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-01/14/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 775 which exceeds the minimum of 680 Required is 680 Borrower has 775 LTV is less than guideline maximum - LTV of 80% is below the maximum of 85% allowed per guidelines Required is 85 Borrower has 80 Qualifying DTI below maximum allowed - DTI of 39.58% is below the maximum allowed per guidelines of 50% Required is 50 Borrower has 40.48 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 7084814 | |||
| XXXX | XXXX | 305039281 | C | A | C | A | A | A | A | A | Closed | FCRE7375 | 2026-01-14 22:33 | 2026-01-20 14:38 | Resolved | 1 - Information | C | A | Credit | Borrower | Citizenship Does Not Meet Guideline Requirements | Resolved-Upon further review, the loan file contained all required documentation - Due Diligence Vendor-01/20/2026 Ready for Review-Per XXXX Guide, All nonpermanent resident alien borrower(s) must verify they are legally present in the XXXX with a copy of one of the following: a valid USCIS Form I-797 confirming a submitted application to renew is acceptable documentation and evidences the Borrower’s lawful status. The Borrower’s citizenship documentation is already included in the file. USCIS Form I-797C (Notice of Action) is located on page 1164 of the application package. Additionally, the Borrower’s Driver’s License is valid. The expiration date is XXXX, confirming the identification was current at the time of application and remains unexpired. Based on the above, the documentation requirement has been met, and no additional information is required to clear this finding. - Seller-01/16/2026 Open-Provide missing Citizenship Documentation; Application 1-797C in file page 1164. The Borrowers Drivers License expired XXXX. - Due Diligence Vendor-01/15/2026 |
Ready for Review-Per XXXX Guide, All nonpermanent resident alien borrower(s) must verify they are legally present in the XXXX with a copy of one of the following: a valid USCIS Form I-797 confirming a submitted application to renew is acceptable documentation and evidences the Borrower’s lawful status. The Borrower’s citizenship documentation is already included in the file. USCIS Form I-797C (Notice of Action) is located on page 1164 of the application package. Additionally, the Borrower’s Driver’s License is valid. The expiration date is XXXX, confirming the identification was current at the time of application and remains unexpired. Based on the above, the documentation requirement has been met, and no additional information is required to clear this finding. - Seller-01/16/2026 |
Resolved-Upon further review, the loan file contained all required documentation - Due Diligence Vendor-01/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - FICO Required is 680 Borrower has 731. Required is 680 Borrower has 731 Qualifying DTI below maximum allowed - DTI Required is 505 Borrower has 11.92%. Required is 50 Borrower has 11.92 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7102976 | ||
| XXXX | XXXX | 305039281 | C | A | C | A | A | A | A | A | Closed | FCRE0179 | 2026-01-14 22:09 | 2026-01-20 14:32 | Resolved | 1 - Information | C | A | Credit | Eligibility | UW Attestation/Docs stating warrantability are missing | Resolved-Received UW Attestation/Docs stating warrantability. - Due Diligence Vendor-03/25/2026 Ready for Review-Document Uploaded. Please see attached PC 1008- Warrantable condo - Seller-01/16/2026 Open-UW Attestation/Docs stating warrantability are missing. Missing UW Attestation/Docs stating warrantability. - Due Diligence Vendor-01/15/2026 |
Ready for Review-Document Uploaded. Please see attached PC 1008- Warrantable condo - Seller-01/16/2026 |
Resolved-Received UW Attestation/Docs stating warrantability. - Due Diligence Vendor-03/25/2026 |
Qualifying FICO score is at least 20 points above minimum for program - FICO Required is 680 Borrower has 731. Required is 680 Borrower has 731 Qualifying DTI below maximum allowed - DTI Required is 505 Borrower has 11.92%. Required is 50 Borrower has 11.92 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7102830 | |
| XXXX | XXXX | 305039319 | D | B | D | A | B | B | A | A | Closed | FCRE0197 | 2026-01-15 13:53 | 2026-01-28 15:15 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received final seller settlement statement. - Due Diligence Vendor-01/28/2026 Ready for Review-Document Uploaded. Please see attached Final Hud - Seller-01/27/2026 Counter-Seller estimated closing statement provided. Please provide the Final Seller Settlement Statement. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. Please see attached - Seller-01/16/2026 Open-The Final SELLER CD/HUD is missing. he Final SELLER CD/HUD is missing - Due Diligence Vendor-01/15/2026 |
Ready for Review-Document Uploaded. Please see attached Final Hud - Seller-01/27/2026 Ready for Review-Document Uploaded. Please see attached - Seller-01/16/2026 |
Resolved-Received final seller settlement statement. - Due Diligence Vendor-01/28/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.79 Required is 50 Borrower has 42.79 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 799 Required is 660 Borrower has 799 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7117202 | |
| XXXX | XXXX | 305039319 | D | B | D | A | B | B | A | A | Closed | FCRE1510 | 2026-01-14 08:36 | 2026-01-21 15:02 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received DOT w/legal. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. Please see attached - Seller-01/16/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Legal Description. Exhibit A. - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. Please see attached - Seller-01/16/2026 |
Resolved-Received DOT w/legal. - Due Diligence Vendor-01/21/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.79 Required is 50 Borrower has 42.79 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 799 Required is 660 Borrower has 799 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7083437 | |
| XXXX | XXXX | 305039319 | D | B | D | A | B | B | A | A | Closed | FCRE1347 | 2026-01-15 16:00 | 2026-01-21 15:00 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 3rd Party VOE Prior to Close Missing | Resolved-Upon further review, CPA letter was dated within 60 days as required by the guidelines. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. Disagree, Lender notes 11.12 CPA letter is less than 60 days of closing. Loan closed XXXX, please see attached NON QM Guideline. - Seller-01/16/2026 Open-Borrower 2 3rd Party VOE Prior to Close Missing CPA letter > 30 days from the closing. - Due Diligence Vendor-01/15/2026 |
Ready for Review-Document Uploaded. Disagree, Lender notes 11.12 CPA letter is less than 60 days of closing. Loan closed XXXX, please see attached NON QM Guideline. - Seller-01/16/2026 |
Resolved-Upon further review, CPA letter was dated within 60 days as required by the guidelines. - Due Diligence Vendor-01/21/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.79 Required is 50 Borrower has 42.79 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 799 Required is 660 Borrower has 799 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7120038 | |
| XXXX | XXXX | 305039319 | D | B | D | A | B | B | A | A | Closed | FCRE1254 | 2026-01-15 12:13 | 2026-01-21 14:55 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Received supplemental report with the correct vesting. - Due Diligence Vendor-01/21/2026 Ready for Review-Loan is for REO Purchase, Victoria is a seller and currently on title. Please see attached Title supplement with borrowers - Seller-01/16/2026 Ready for Review-Document Uploaded. Loan is for REO Purchase, XXXX is a seller and currently on title. Please see attached Title supplement on proposed vesting for buyers - Seller-01/16/2026 Open-Property Title Issue BORROWER 2 NAME ON TITLE IS XXXX NAME ON LOAN DOCUMENTS AND SIGNATURE IS XXXX. - Due Diligence Vendor-01/15/2026 |
Ready for Review-Loan is for REO Purchase, Victoria is a seller and currently on title. Please see attached Title supplement with borrowers - Seller-01/16/2026 Ready for Review-Document Uploaded. Loan is for REO Purchase, XXXX is a seller and currently on title. Please see attached Title supplement on proposed vesting for buyers - Seller-01/16/2026 |
Resolved-Received supplemental report with the correct vesting. - Due Diligence Vendor-01/21/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.79 Required is 50 Borrower has 42.79 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 799 Required is 660 Borrower has 799 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7114742 | |
| XXXX | XXXX | 305039319 | D | B | D | A | B | B | A | A | Closed | FCRE1156 | 2026-01-15 12:43 | 2026-01-21 14:55 | Resolved | 1 - Information | C | A | Credit | Insurance | Named Insured on Hazard Insurance does not match Borrower(s) Name(s) | Resolved-Received supplemental report with the correct vesting. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. Loan is for REO Purchase, XXXX is a seller and currently on title. Please see attached Title supplement with borrowers - Seller-01/16/2026 Open-Named Insured does not match Borrower(s) Name(s) LOAN DOCUMENTS HAVE BORROWER 2 AS XXXX / TITLE SHOWS NAME AS XXXX. - Due Diligence Vendor-01/15/2026 |
Ready for Review-Document Uploaded. Loan is for REO Purchase, XXXX is a seller and currently on title. Please see attached Title supplement with borrowers - Seller-01/16/2026 |
Resolved-Received supplemental report with the correct vesting. - Due Diligence Vendor-01/21/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.79 Required is 50 Borrower has 42.79 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 799 Required is 660 Borrower has 799 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7115318 | |
| XXXX | XXXX | 305039319 | D | B | D | A | B | B | A | A | Closed | FCRE5791 | 2026-01-15 13:18 | 2026-01-21 14:53 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 2 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Borrower 2 Gap Credit Report is not expired. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. Lender notes the XXXX was updated XXXX and loan closed XXXX, within the 10 days requirement - Seller-01/16/2026 Open-Borrower 2 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). Borrower 2 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) - Due Diligence Vendor-01/15/2026 |
Ready for Review-Document Uploaded. Lender notes the Dataverify was updated XXXX and loan closed XXXX, within the 10 days requirement - Seller-01/16/2026 |
Resolved-Borrower 2 Gap Credit Report is not expired. - Due Diligence Vendor-01/21/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.79 Required is 50 Borrower has 42.79 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 799 Required is 660 Borrower has 799 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7116168 | |
| XXXX | XXXX | 305039319 | D | B | D | A | B | B | A | A | Closed | FCOM1302 | 2026-01-14 09:00 | 2026-01-14 09:00 | Waived | 2 - Non-Material | B | B | Compliance | Disclosure | XXX Not Provided Within 3 Days of Application Date | Waived-The XXX was not provided within 3 days of the Application Date (Number of Days Difference is '5'). -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-01/14/2026 | Waived-The XXXX was not provided within 3 days of the Application Date (Number of Days Difference is '5'). -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-01/14/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.79 Required is 50 Borrower has 42.79 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 799 Required is 660 Borrower has 799 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 7083829 | |||
| XXXX | XXXX | 305039202 | C | A | A | A | C | A | A | A | Closed | finding-3352 | 2026-01-16 06:57 | 2026-01-21 10:09 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Full appraisal was completed and the loan closed with escrows. - Due Diligence Vendor-01/21/2026 Ready for Review-Finding is not valid, Lender notes HPML loan meets NON QM guideline section 12.4, the closing docs confirms loan closed as a HPML, file contains full appraisal and escrows are not waived. - Seller-01/20/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. ----Statute of limitations – One year; Expiration date: XXXX. - Due Diligence Vendor-01/16/2026 |
Ready for Review-Finding is not valid, Lender notes HPML loan meets NON QM guideline section 12.4, the closing docs confirms loan closed as a HPML, file contains full appraisal and escrows are not waived. - Seller-01/20/2026 |
Resolved-Full appraisal was completed and the loan closed with escrows. - Due Diligence Vendor-01/21/2026 |
Months Reserves exceed minimum required - Lender minimum reserves 3m PITIA, borrower reserves 6.6m. Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.88 Required is 50 Borrower has 42.88 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7132006 | ||
| XXXX | XXXX | 305039287 | D | A | D | A | A | A | A | A | Closed | FCRE8728 | 2026-01-20 11:23 | 2026-01-22 17:05 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Payment History | Resolved-Received proof of IRS Balance and Statements reflecting payments. - Due Diligence Vendor-01/22/2026 Ready for Review-Document Uploaded. Please see attached IRS balance and payments from borrower's account since 06/2025 to present. - Seller-01/21/2026 Open-Missing third party verification of IRS monthly payments shown on application. - Due Diligence Vendor-01/20/2026 |
Ready for Review-Document Uploaded. Please see attached IRS balance and payments from borrower's account since XXXX to present. - Seller-01/21/2026 |
Resolved-Received proof of IRS Balance and Statements reflecting payments. - Due Diligence Vendor-01/22/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 734 Required is 640 Borrower has 734 Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.47 Required is 50 Borrower has 37.47 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7181103 | |
| XXXX | XXXX | 305039307 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305039240 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305039303 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305035423 | D | B | D | B | A | A | A | A | Closed | FCRE1197 | 2026-01-21 14:30 | 2026-01-29 16:37 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Originator provided a waiver 660 FICO less than min 680 for multi-unit cash out , applied to non material finding with comp factors - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. Please see attached Compensating factors comments now show - Seller-01/28/2026 Counter-Received exception request form with not of " approved in need of pricing adjustment" in compensating factors section. Please confirm adjustments and comp factors. - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. Please see attached exception used for Final loan approval - Seller-01/22/2026 Open-Audited FICO of 669 is less than Guideline FICO of 680 Cash out must have a minimum score of 680. - Due Diligence Vendor-01/21/2026 |
Ready for Review-Document Uploaded. Please see attached Compensating factors comments now show - Seller-01/28/2026 Ready for Review-Document Uploaded. Please see attached exception used for Final loan approval - Seller-01/22/2026 |
Waived-Originator provided a waiver 660 FICO less than min 680 for multi-unit cash out , applied to non material finding with comp factors - Due Diligence Vendor-01/29/2026 |
Months Reserves exceed minimum required - MIn 6, actual 20.29 LTV is less than guideline maximum - LTV is less than guideline maximum Required is 70 Borrower has 60 |
LTV 5% below max Housing/ credit history 0x30x24 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | 7221501 |
| XXXX | XXXX | 305035423 | D | B | D | B | A | A | A | A | Closed | FCRE7347 | 2026-01-22 11:15 | 2026-01-28 17:01 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Received Lease and Payment History for unit XXXX. - Due Diligence Vendor-01/28/2026 Ready for Review-Document Uploaded. please see other XXXX Deposit Details, already provided *** see deposit from XXXX for UNIT XXXX names tenant as XXXX (maiden name) matches lease named person to the XXXX. please clear as soon as possible - Seller-01/27/2026 Counter-Received a transaction history and XXXX deposit. Unable to confirm address/ source for upload "XXXX" - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. Please see attached docs supporting the monthly rent payments from UNIT XXXX (see XXXX annals )& UNIT XXXX (XXXX deposits) - Seller-01/22/2026 Open-The loan file contains the current leases; however, Unit XXXX and XXXX and unit XXXX and unit XXXX are expired. Provide proof of 2 months receipt of rents or evidence continuance of leases. Guide: If the lease has been converted to month-to-month, then provide the most recent two (2) months proof of receipt to evidence continuance of lease on refinance transactions. Subject to additional conditions. - Due Diligence Vendor-01/22/2026 |
Ready for Review-Document Uploaded. please see other XXXX Deposit Details, already provided *** see deposit from XXXX for UNIT XXXX names tenant as XXXX AKA XXXX (maiden name) matches lease named person to the XXXX. please clear as soon as possible - Seller-01/27/2026 Ready for Review-Document Uploaded. Please see attached docs supporting the monthly rent payments from UNIT XXXX (see XXXX annals )& UNIT 3 (XXXX deposits) - Seller-01/22/2026 |
Resolved-Received Lease and Payment History for unit XXXX. - Due Diligence Vendor-01/28/2026 |
Months Reserves exceed minimum required - MIn 6, actual 20.29 LTV is less than guideline maximum - LTV is less than guideline maximum Required is 70 Borrower has 60 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7243274 | |
| XXXX | XXXX | 305039358 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 305039279 | B | B | A | A | B | B | A | A | Closed | FCOM1302 | 2026-01-20 16:31 | 2026-01-21 09:24 | Waived | 2 - Non-Material | B | B | Compliance | Disclosure | XXXX Not Provided Within 3 Days of Application Date | Waived-The XXXX was not provided within 3 days of the Application Date (Number of Days Difference is '4'). Originator waiver applied to non-material Findings. - Due Diligence Vendor-01/21/2026 |
Waived-The XXXX was not provided within 3 days of the Application Date (Number of Days Difference is '4'). Originator waiver applied to non-material Findings. - Due Diligence Vendor-01/21/2026 |
On time mortgage history exceeds guideline requirement - 0x30x12 required - borrower has 0x30x53 Qualifying DTI below maximum allowed - Max DTI is 50 Borrower has 41.94 Required is 50 Borrower has 41.94 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 7188390 | |||
| XXXX | XXXX | 305035430 | D | A | D | A | A | A | A | A | Closed | FCRE1157 | 2026-01-26 09:46 | 2026-01-29 16:19 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-Received HOI policy. - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. Please see $XXXXXX HOI coverage is attached - Seller-01/27/2026 Open-Missing Hazard Insurance Policy Provide property insurance with annual premium for subject property - Due Diligence Vendor-01/26/2026 |
Ready for Review-Document Uploaded. Please see $864,000 HOI coverage is attached - Seller-01/27/2026 |
Resolved-Received HOI policy. - Due Diligence Vendor-01/29/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 65 Required is 75 Borrower has 65 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 766 Required is 660 Borrower has 766 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7293603 | |
| XXXX | XXXX | 305039260 | C | A | C | A | A | A | A | A | Closed | FCRE0197 | 2026-01-27 15:55 | 2026-02-09 15:51 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Addityional disbursement of $XXXX is not a lien against the property and does not affect title. - Due Diligence Vendor-02/09/2026 Counter-Received final certified seller CD. Title to provide clarification of prior release of funds $XXXX as not reflecting as lien on title. - Due Diligence Vendor-02/06/2026 Ready for Review-The request is unwarranted. The Seller CD is a certified copy from the Closing Agent. Documentation of seller paid off items are unwarranted. Please escalate and clear this finding asap. - Seller-02/04/2026 Counter-Please provide documentation for the Payoff of $XXXX disclosed in Section H of the Seller CD. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/31/2026 Counter-Please provide certified final seller CD with all pages. - Due Diligence Vendor-01/30/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/28/2026 Open-The Final SELLER CD/HUD is missing. Missing all pages of the Seller CD/ HUD. Currently have page 1 of 3. - Due Diligence Vendor-01/27/2026 |
Ready for Review-The request is unwarranted. The Seller CD is a certified copy from the Closing Agent. Documentation of seller paid off items are unwarranted. Please escalate and clear this finding asap. - Seller-02/04/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/31/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/28/2026 |
Resolved-Addityional disbursement of $XXXX is not a lien against the property and does not affect title. - Due Diligence Vendor-02/09/2026 |
Qualifying DTI below maximum allowed - Max DTI is 50.49. Borrower has 40.96. Required is 50.49 Borrower has 40.96 Qualifying FICO score is at least 20 points above minimum for program - Min FICO Score is 660. Borrower has 745. Required is 660 Borrower has 745 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7318886 | |
| XXXX | XXXX | 305039360 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-01-29 12:30 | 2026-02-02 15:09 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-02/02/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/30/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Exhibit A; legal description. - Due Diligence Vendor-01/29/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-01/30/2026 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-02/02/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 700 Borrower has 780 Required is 700 Borrower has 780 Qualifying DTI below maximum allowed - Max DTI is 50 Borrower has 35.07 Required is 50 Borrower has 35.07 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7355059 | |
| XXXX | XXXX | 305039268 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305052020 | C | A | C | A | A | A | A | A | Closed | FCRE1198 | 2026-01-30 15:46 | 2026-02-10 07:28 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Client provided Exception to allow for less than 6 months reserves - Due Diligence Vendor-02/10/2026 Ready for Review-Document Uploaded. Please see attached Exception allowing the loan to close with 5 months in reserves - Seller-02/09/2026 Open-Audited Reserves of 5.14 month(s) are less than Guideline Required Reserves of 6 month(s) The Borrowers must provide verification of 6 months reserves with an LTV > 85%. Additional assets must be provided to meet this requirement. - Due Diligence Vendor-01/30/2026 |
Ready for Review-Document Uploaded. Please see attached Exception allowing the loan to close with 5 months in reserves - Seller-02/09/2026 |
Resolved-Client provided Exception to allow for less than 6 months reserves - Due Diligence Vendor-02/10/2026 |
Qualifying DTI below maximum allowed - Required is 50.49 Borrower has 42.01 On time mortgage history exceeds guideline requirement - Borrowers have 0x30x99 months mortgage history. Guides require 0x30x12 months |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7382003 | |
| XXXX | XXXX | 305051913 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305051969 | C | B | A | A | C | B | A | A | Closed | finding-3352 | 2026-02-04 09:28 | 2026-02-06 09:33 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan has a full appraisal and escrows. - Due Diligence Vendor-02/06/2026 Ready for Review-There is an appraisal and impounds. Please clear per Chauntel - Seller-02/05/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. -----Statute of limitations – One year; Expiration date: XXXX - Due Diligence Vendor-02/04/2026 |
Ready for Review-There is an appraisal and impounds. Please clear per XXXX - Seller-02/05/2026 |
Resolved-Loan has a full appraisal and escrows. - Due Diligence Vendor-02/06/2026 |
Qualifying DTI below maximum allowed - DTI of 33.64% is below the maximum allowed per guidelines of 50% Required is 50 Borrower has 33.64 Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 798 which exceeds the minimum of 700 Required is 700 Borrower has 798 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7436596 | ||
| XXXX | XXXX | 305051969 | C | B | A | A | C | B | A | A | Closed | finding-3540 | 2026-02-04 09:28 | 2026-02-06 08:39 | Resolved | 1 - Information | C | A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-02/06/2026 Ready for Review-Document Uploaded. Unsure what increases you are referencing LE & COC for lock CD & COC for rate change - Seller-02/05/2026 Open-This loan failed the revised closing disclosure delivery date test (no waiting period required). ( 12 CFR §1026.19(f)(2)(i) )The revised closing disclosure delivery does not require a new waiting period and:The revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either"XXXX" or "Electronic Delivery" or blank, and the revised closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised closing disclosure delivery date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation not requiring a new waiting period. Except as provided in §1026.19(f)(2)(ii), if the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation. Notwithstanding the requirement to provide corrected disclosures at or before consummation, the creditor shall permit the consumer to inspect the disclosures provided under this paragraph, completed to set forth those items that are known to the creditor at the time of inspection, during the business day immediately preceding consummation, but the creditor may omit from inspection items related only to the seller's transaction. -----Missing valid COC for applicable increases. Statute of Limitations 3 years- Expiration date is XXXX - Due Diligence Vendor-02/04/2026 |
Ready for Review-Document Uploaded. Unsure what increases you are referencing LE & COC for lock CD & COC for rate change - Seller-02/05/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-02/06/2026 |
Qualifying DTI below maximum allowed - DTI of 33.64% is below the maximum allowed per guidelines of 50% Required is 50 Borrower has 33.64 Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 798 which exceeds the minimum of 700 Required is 700 Borrower has 798 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7436592 | |
| XXXX | XXXX | 305051969 | C | B | A | A | C | B | A | A | Closed | FCOM1124 | 2026-02-04 08:58 | 2026-02-04 09:56 | Waived | 2 - Non-Material | B | B | Compliance | Data | Borrower 1 Final Signature Date is in the future | Waived-Borrower 1 Final Signature Date is greater than the transaction date of XXXX Originator waiver applied to non-material Findings. - Due Diligence Vendor-02/04/2026 |
Waived-Borrower 1 Final Signature Date is greater than the transaction date of XXXX Originator waiver applied to non-material Findings. - Due Diligence Vendor-02/04/2026 |
Qualifying DTI below maximum allowed - DTI of 33.64% is below the maximum allowed per guidelines of 50% Required is 50 Borrower has 33.64 Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 798 which exceeds the minimum of 700 Required is 700 Borrower has 798 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 7435925 | |||
| XXXX | XXXX | 305051945 | C | A | C | A | C | A | A | A | Closed | FCRE0044 | 2026-02-06 07:44 | 2026-02-10 08:26 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Client provided LOX for credit inquiries - Due Diligence Vendor-02/10/2026 Ready for Review-Document Uploaded. Please see attached LOE for credit inquiries. Please note that XXXX is a consumer reporting agency as noted on the credit report. Please clear this finding. - Seller-02/09/2026 Open-LOX for credit inquiries is missing. Missing LOE for credit inquiries. - Due Diligence Vendor-02/06/2026 |
Ready for Review-Document Uploaded. Please see attached LOE for credit inquiries. Please note that XXXX is a consumer reporting agency as noted on the credit report. Please clear this finding. - Seller-02/09/2026 |
Resolved-Client provided LOX for credit inquiries - Due Diligence Vendor-02/10/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 722 which exceeds the minimum of 700 Required is 700 Borrower has 722 Qualifying DTI below maximum allowed - DTI of 30.01% is below the maximum allowed per guidelines of 50% Required is 50 Borrower has 29.97 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7485664 | |
| XXXX | XXXX | 305051903 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 305051944 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305051898 | C | A | C | A | A | A | A | A | Closed | FCRE0105 | 2026-02-09 16:40 | 2026-02-18 12:02 | Resolved | 1 - Information | C | A | Credit | Eligibility | Condo Structural Reports not in file | Resolved-Upon further review, HOA questionnaire support the inspection was performed. - Due Diligence Vendor-02/18/2026 Ready for Review-Please note that we do not require a copy of the Structural Engineer report to be provided unless the HOA confirms there were repairs required from such inspection. We reiterate that the HOA attests that the last structural inspection was completed in XXXX and were not notified of any deficiencies or structural concerns. Per our requirements, the Report in question is not required as the HOA confirmed the inspection was completed and and there were no items of concern. Please clear this finding. - Seller-02/13/2026 Counter-Received Questionnaire. #42 did the last inspection have any findings related to safety, soundness, etc. is answered see comments addendum. The response is " to the best of our knowledge" is not sufficient. Engineer report is required per state law for review when requested. - Due Diligence Vendor-02/12/2026 Ready for Review-Document Uploaded. We respectfully disagree. Question 41 of the Condo Questionnaire answers 'XXXX' to the year of the last inspection. Additionally questions 42, 43, 44, 45, 46 all are answered ‘NO’. Therefore, a copy of the inspection was not required. - Seller-02/10/2026 Open-The file does not contain the required structural engineer report per state law. Subject built prior to XXXX and the units have a wood balcony and is 6 feet above ground level - Due Diligence Vendor-02/09/2026 |
Ready for Review-Please note that we do not require a copy of the Structural Engineer report to be provided unless the HOA confirms there were repairs required from such inspection. We reiterate that the HOA attests that the last structural inspection was completed in XXXX and were not notified of any deficiencies or structural concerns. Per our requirements, the Report in question is not required as the HOA confirmed the inspection was completed and and there were no items of concern. Please clear this finding. - Seller-02/13/2026 Ready for Review-Document Uploaded. We respectfully disagree. Question 41 of the Condo Questionnaire answers 'XXXX' to the year of the last inspection. Additionally questions 42, 43, 44, 45, 46 all are answered ‘NO’. Therefore, a copy of the inspection was not required. - Seller-02/10/2026 |
Resolved-Upon further review, HOA questionnaire support the inspection was performed. - Due Diligence Vendor-02/18/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.71 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 731 LTV is less than guideline maximum - Required is 80 Borrower has 58.73 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7524576 | |
| XXXX | XXXX | 305051974 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305051924 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305052007 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305052009 | D | A | D | A | A | A | A | A | Closed | FCRE8700 | 2026-02-12 19:33 | 2026-02-17 17:22 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Missing EIN Number for Business Entity | Resolved-Received sole member LLC LOE confirming using personal social in lieu of EIN. - Due Diligence Vendor-03/25/2026 Ready for Review-Document Uploaded. Please see attached LLC docs and LOE regarding the EIN. Please note in XXXX, where this LLC is, sole proprietors with zero employees are exempt from the requirement to obtain an EIN and may use a Social Security Number in lieu of an EIN. - Due Diligence Vendor-03/25/2026 Open-Missing EIN. - Due Diligence Vendor-03/25/2026 |
Resolved-Received sole member LLC LOE confirming using personal social in lieu of EIN. - Due Diligence Vendor-03/25/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score is at least 20 points above minimum for program. Required is 700 Borrower has 735 Months Reserves exceed minimum required - Reserves Required 6 months and Reserves Verified 12 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7596766 | ||
| XXXX | XXXX | 305052000 | C | A | C | A | A | A | A | A | Closed | FCRE0184 | 2026-02-12 07:25 | 2026-02-17 16:42 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Cash-out Letter on a Business Purpose Loan | Resolved-Received business purpose affidavit confirming proceeds for business purpose. - Due Diligence Vendor-02/17/2026 Ready for Review-Document Uploaded. Please see attached Certificate of Business Purpose. Please clear this finding. - Seller-02/13/2026 Open-Missing Cash-out Letter on a Business Purpose Loan. Provide Missing cash out letter. - Due Diligence Vendor-02/12/2026 |
Ready for Review-Document Uploaded. Please see attached Certificate of Business Purpose. Please clear this finding. - Seller-02/13/2026 |
Resolved-Received business purpose affidavit confirming proceeds for business purpose. - Due Diligence Vendor-02/17/2026 |
LTV is less than guideline maximum - LTV Required is 75% Borrower has 70%. Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - FICO Required is 700 Borrower has 738. Required is 700 Borrower has 738 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7578574 | |
| XXXX | XXXX | 305051920 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other |