MORGAN STANLEY CAPITAL I INC ABS-15G
Exhibit 99.3 - Schedule 1
| 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 | 9066972 | A | A | A | A | A | A | A | A | A | A | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 9146946 | C | B | C | A | A | A | C | B | Closed | FPRO1251 | 2025-05-29 16:43 | 2025-06-23 10:24 | Waived | 2 - Non-Material | C | B | Property | Property Issue | Property Zoning Does Not Meet Program Requirements | Waived-Document Uploaded. Client waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-06/23/2025 Open-Originator exception provided for zoning. Zoning Compliance of Legal Non-conforming with no rebuild letter. Finding to remain pending client approval. - Due Diligence Vendor-05/29/2025 |
Waived-Document Uploaded. Client waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-06/23/2025 |
Months Reserves exceed minimum required - Min 3 months, actual 105.34 months Qualifying FICO score is at least 20 points above minimum for program - Min 700, actual 782 |
782 fico 105 months of reserves. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 4275302 | |
| XXXX | XXXX | 9146946 | C | B | C | A | A | A | C | B | Closed | FCRE1510 | 2025-05-29 16:23 | 2025-06-04 16:00 | 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-06/04/2025 Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-06/02/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing "Exhibit A" legal description attached to the DOT. - Due Diligence Vendor-05/29/2025 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-06/04/2025 |
Months Reserves exceed minimum required - Min 3 months, actual 105.34 months Qualifying FICO score is at least 20 points above minimum for program - Min 700, actual 782 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 4275119 | ||
| XXXX | XXXX | 9173468 | D | A | D | A | A | A | C | A | Closed | FCRE0043 | 2025-06-11 21:07 | 2025-07-16 10:06 | Resolved | 1 - Information | D | A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-06/16/2025 Ready for Review-Document Uploaded. I have highligted the bottom of the 1008 where the Factors are - Seller-06/13/2025 Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-06/12/2025 |
Ready for Review-Document Uploaded. I have highligted the bottom of the 1008 where the Factors are - Seller-06/13/2025 |
Resolved-Received DSCR calculation. - Due Diligence Vendor-06/16/2025 |
Months Reserves exceed minimum required - Reserves: 161 Min 3 DSCR % greater than 1.20 - DSCR: 1.386 Min 1.0 LTV is less than guideline maximum - LTV: 75% Max 80% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 4419114 | |
| XXXX | XXXX | 9173468 | D | A | D | A | A | A | C | A | Closed | FCRE0109 | 2025-06-11 21:15 | 2025-07-16 10:06 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Disclosure - Patriot Act Borrower Identification Form | Resolved-Received Photo ID's. - Due Diligence Vendor-07/16/2025 Ready for Review-Document Uploaded. Id's - Buyer-07/15/2025 Counter-Disclosure or Photo ID required as additional parties executed the security instrument. - Due Diligence Vendor-07/15/2025 Ready for Review-Document Uploaded. The Note was re-signed with only XXXX signing so the Patriot Act for the other XXXX Members is not needed . - Buyer-07/14/2025 Open-Missing Patriot Act disclosure for 3 additional borrowers reflected on Note. - Due Diligence Vendor-06/12/2025 |
Resolved-Received Photo ID's. - Due Diligence Vendor-07/16/2025 |
Months Reserves exceed minimum required - Reserves: 161 Min 3 DSCR % greater than 1.20 - DSCR: 1.386 Min 1.0 LTV is less than guideline maximum - LTV: 75% Max 80% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 4419150 | ||
| XXXX | XXXX | 9173468 | D | A | D | A | A | A | C | A | Closed | FVAL4036 | 2025-06-12 14:43 | 2025-07-15 10:17 | Resolved | 1 - Information | C | A | Property | Property | Flip or Rapid Resale of Property | Resolved-Received confirmation subject was openly marketed. - Due Diligence Vendor-07/15/2025 Ready for Review-Document Uploaded. Supporting doc - Seller-07/10/2025 Counter-Received Rent to Retire report-does not reflect dates nor URL to confirm open marketing. Original finding remains. - Due Diligence Vendor-07/10/2025 Ready for Review-Document Uploaded. Supporting doc - Buyer-07/09/2025 Open-Lender to provide verification that the subject was marketed openly and fairly, through a multiple listing service, auction, for sale by owner offering (documented) or developer marketing - Due Diligence Vendor-06/12/2025 |
Ready for Review-Document Uploaded. Supporting doc - Seller-07/10/2025 |
Resolved-Received confirmation subject was openly marketed. - Due Diligence Vendor-07/15/2025 |
Months Reserves exceed minimum required - Reserves: 161 Min 3 DSCR % greater than 1.20 - DSCR: 1.386 Min 1.0 LTV is less than guideline maximum - LTV: 75% Max 80% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 4429237 | |
| XXXX | XXXX | 9173468 | D | A | D | A | A | A | C | A | Closed | FCRE8201 | 2025-06-12 14:46 | 2025-07-03 12:17 | Resolved | 1 - Information | C | A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Received corrected Note and Personal Guaranty reflecting only 1 member executing. - Due Diligence Vendor-07/03/2025 Ready for Review-Document Uploaded. Updated Note and Guarantee with only borrower - Buyer-07/02/2025 Open-XXXX all signed the note and mortgage as members of the business. They also signed the Guaranty as individuals. As per guidelines anyone who signs the guaranty as an individual must have an application and credit pulled and qualify as a borrower. Additional condition may apply. - Due Diligence Vendor-06/12/2025 |
Resolved-Received corrected Note and Personal Guaranty reflecting only 1 member executing. - Due Diligence Vendor-07/03/2025 |
Months Reserves exceed minimum required - Reserves: 161 Min 3 DSCR % greater than 1.20 - DSCR: 1.386 Min 1.0 LTV is less than guideline maximum - LTV: 75% Max 80% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 4429308 | ||
| XXXX | XXXX | 9173468 | D | A | D | A | A | A | C | A | Closed | FCRE8702 | 2025-06-12 14:41 | 2025-07-03 12:15 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-Received Operating Agreement - Due Diligence Vendor-06/23/2025 Ready for Review-Document Uploaded. Operating agreements with percentages of ownership. We are getting a new Personal Guarantee and Note with just XXXX signing - Buyer-06/20/2025 Open-The Business Entity Formation Document is incomplete Corporate documents for XXXX does not define members by name (signatures illegible) nor confirm the percentage of ownership of each member. - Due Diligence Vendor-06/12/2025 |
Resolved-Received Operating Agreement - Due Diligence Vendor-06/23/2025 |
Months Reserves exceed minimum required - Reserves: 161 Min 3 DSCR % greater than 1.20 - DSCR: 1.386 Min 1.0 LTV is less than guideline maximum - LTV: 75% Max 80% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 4429185 | ||
| XXXX | XXXX | 9217000 | D | A | D | A | A | A | A | A | Closed | FCRE0043 | 2025-07-31 12:56 | 2025-08-06 12:09 | Resolved | 1 - Information | D | A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-08/06/2025 Ready for Review-Document Uploaded. DSCR - Buyer-08/05/2025 Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-07/31/2025 |
Resolved-Received DSCR calculation. - Due Diligence Vendor-08/06/2025 |
Months Reserves exceed minimum required - Reserves: 60 Min 3 On time mortgage history exceeds guideline requirement - On time mortgage history 32 months exceeds guideline requirement |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 5009846 | ||
| XXXX | XXXX | 9694040 | D | A | D | A | A | A | A | A | Closed | FCRE1118 | 2025-10-03 13:50 | 2025-11-12 13:04 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Deed of Trust Signature does not match Note | Resolved-Received revised, correct Note. - Due Diligence Vendor-11/04/2025 Ready for Review-Document Uploaded. Resigned docs - Buyer-11/03/2025 Open-Borrower 1 Signature does not match Note DOT shows signed as member, Note does not list this. - Due Diligence Vendor-10/07/2025 |
Resolved-Received revised, correct Note. - Due Diligence Vendor-11/04/2025 |
Qualifying FICO score is at least 20 points above minimum for program - 824 FICO, 700 required Months Reserves exceed minimum required - 13.26 months reserves documented, 3 months required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 5769882 | ||
| XXXX | XXXX | 9694040 | D | A | D | A | A | A | A | A | Closed | FCRE1510 | 2025-10-07 10:14 | 2025-11-12 13:04 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received signed updated PPP. - Due Diligence Vendor-11/12/2025 Ready for Review-Document Uploaded. Combination of documents for multiple pending conditions. - Buyer-11/10/2025 Counter-Received prepay addendum reflecting 1 month interest-term is not noted within guidelines. - Due Diligence Vendor-11/04/2025 Ready for Review-Document Uploaded. Revised PP rider included in attached - Seller-11/03/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. PPP rider is incomplete, Day/period is blank to calculate charges - Due Diligence Vendor-10/07/2025 |
Ready for Review-Document Uploaded. Revised PP rider included in attached - Seller-11/03/2025 |
Resolved-Received signed updated PPP. - Due Diligence Vendor-11/12/2025 |
Qualifying FICO score is at least 20 points above minimum for program - 824 FICO, 700 required Months Reserves exceed minimum required - 13.26 months reserves documented, 3 months required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 5801844 | |
| XXXX | XXXX | 9694040 | D | A | D | A | A | A | A | A | Closed | FCRE1509 | 2025-10-03 13:48 | 2025-11-12 13:03 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Note Document | Resolved-Received signed updated PPP. - Due Diligence Vendor-11/12/2025 Ready for Review-Document Uploaded. Combination of documents for multiple pending conditions. - Buyer-11/10/2025 Counter-Note with proper signature provided, however the PPP Term is not allowed per the guidelines. - Due Diligence Vendor-11/03/2025 Ready for Review-Document Uploaded. Supporting Document - Buyer-10/30/2025 Open-There are Issues Present on the Note that must be addressed. Borrower not listed on signature line, only business name is listed. Prepayment Penalty addendum is incomplete, number of days for calculation is blank. - Due Diligence Vendor-10/07/2025 |
Resolved-Received signed updated PPP. - Due Diligence Vendor-11/12/2025 |
Qualifying FICO score is at least 20 points above minimum for program - 824 FICO, 700 required Months Reserves exceed minimum required - 13.26 months reserves documented, 3 months required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 5769840 | ||
| XXXX | XXXX | 9694040 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2025-10-07 10:23 | 2025-10-13 13:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Business and Occupancy Affidavit. - Due Diligence Vendor-10/13/2025 Ready for Review-Document Uploaded. Supporting Documents - Buyer-10/09/2025 Counter-Affiliated Business Disclosure provided, please provide the Business Purpose Cert. - Due Diligence Vendor-10/09/2025 Ready for Review-Document Uploaded. Supporting Document - Buyer-10/08/2025 Open-The Business Purpose Affidavit Disclosure is Missing Missing from loan file. Subject closed in an entity and is required. - Due Diligence Vendor-10/07/2025 |
Resolved-Received Business and Occupancy Affidavit. - Due Diligence Vendor-10/13/2025 |
Qualifying FICO score is at least 20 points above minimum for program - 824 FICO, 700 required Months Reserves exceed minimum required - 13.26 months reserves documented, 3 months required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 5802031 | ||
| XXXX | XXXX | 9694040 | D | A | D | A | A | A | A | A | Closed | FCOM1351 | 2025-10-07 10:23 | 2025-10-13 13:23 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Guaranty Agreement. - Due Diligence Vendor-10/09/2025 Ready for Review-Document Uploaded. Supporting Document - Buyer-10/08/2025 Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Missing from loan file. Subject closed in an entity and is required. - Due Diligence Vendor-10/07/2025 |
Resolved-Received Guaranty Agreement. - Due Diligence Vendor-10/09/2025 |
Qualifying FICO score is at least 20 points above minimum for program - 824 FICO, 700 required Months Reserves exceed minimum required - 13.26 months reserves documented, 3 months required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 5802032 | ||
| XXXX | XXXX | 9555123 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10104474 | D | A | D | A | A | A | A | A | Closed | FCRE1322 | 2025-10-30 11:06 | 2026-01-08 17:15 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Business Tax Returns Missing | Resolved-Per the LOX from the CEO the company did not have income in 2023. Taxes are filed for XXXX including this business and transcripts were provided confirming the same. - Due Diligence Vendor-01/08/2026 Counter-Received LOE of no XXXX business returns. CPA to provide confirmation of no required filing. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-12/30/2025 Counter-Received XXXX tax transcripts reflecting no record found. Provide clarification as income considered in qualifying and 1065 opened 3/18/23 - Due Diligence Vendor-12/22/2025 Ready for Review-Document Uploaded. Supporting Document - Buyer-12/19/2025 Open-Borrower 1 Business Tax Returns Missing Missing XXXX business Tax returns for XXXX - Due Diligence Vendor-10/30/2025 |
Resolved-Per the LOX from the CEO the company did not have income in XXXX. Taxes are filed for XXXX including this business and transcripts were provided confirming the same. - Due Diligence Vendor-01/08/2026 |
LTV is less than guideline maximum - We have 75% LTV - Max LTV is 85% Months Reserves exceed minimum required - we have 890.32 months of reserves - we only need 2 mos. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6067982 | ||
| XXXX | XXXX | 10104474 | D | A | D | A | A | A | A | A | Closed | FCRE1352 | 2025-10-30 11:06 | 2026-01-08 17:15 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Business Tax Returns Missing | Resolved-Per the LOX from the CEO the company did not have income in XXXX. Taxes are filed for 2024 including this business and transcripts were provided confirming the same. - Due Diligence Vendor-01/08/2026 Counter-Received LOE of no XXXX business returns. CPA to provide confirmation of no required filing. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-12/30/2025 Counter-Received XXXX tax transcripts reflecting no record found. Provide clarification as income considered in qualifying and 1065 opened XXXX - Due Diligence Vendor-12/22/2025 Ready for Review-Document Uploaded. Supporting Document - Seller-12/19/2025 Open-Borrower 2 Business Tax Returns Missing Missing XXXX business Tax returns for XXXX - Due Diligence Vendor-10/30/2025 |
Ready for Review-Document Uploaded. Supporting Document - Seller-12/30/2025 Ready for Review-Document Uploaded. Supporting Document - Seller-12/19/2025 |
Resolved-Per the LOX from the CEO the company did not have income in XXXX. Taxes are filed for XXXX including this business and transcripts were provided confirming the same. - Due Diligence Vendor-01/08/2026 |
LTV is less than guideline maximum - We have 75% LTV - Max LTV is 85% Months Reserves exceed minimum required - we have 890.32 months of reserves - we only need 2 mos. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6067984 | |
| XXXX | XXXX | 10104474 | D | A | D | A | A | A | A | A | Closed | FCRE0183 | 2025-10-30 11:56 | 2025-12-02 15:52 | Resolved | 1 - Information | C | A | Credit | Eligibility | Required Spousal Consent to Pledge form is missing | Resolved-After further review, the guidelines do not require this form. - Due Diligence Vendor-12/02/2025 Open-The required spousal consent to pledge form is missing. Missing spousal consent to pledge form - Due Diligence Vendor-10/30/2025 |
Resolved-After further review, the guidelines do not require this form. - Due Diligence Vendor-12/02/2025 |
LTV is less than guideline maximum - We have 75% LTV - Max LTV is 85% Months Reserves exceed minimum required - we have 890.32 months of reserves - we only need 2 mos. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6070026 | |||
| XXXX | XXXX | 10104474 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2025-10-30 11:40 | 2025-11-17 12:24 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received credit supplement, loan was closed 10/08/2025 - Due Diligence Vendor-11/17/2025 Ready for Review-Document Uploaded. Credit supp shows the XXXX account is closed. - Seller-11/14/2025 Counter-The property for XXXX for the co-borrower was not listed on the 1003 or included in the DTI. - Due Diligence Vendor-11/13/2025 Ready for Review-Document Uploaded. Credit sup shows the September payments made. Why did this not clear the condition? - Seller-11/11/2025 Counter-Received Aug statements-Missing Mtg statements for XXXX to verify XXXX payment has been paid as agreed. Missing property on 1003 that is associated with XXXX for co-borrower. - Due Diligence Vendor-11/03/2025 Ready for Review-Document Uploaded. Supporting Document - Seller-10/31/2025 Open-Housing History Does Not Meet Guideline Requirements Missing Mtg statements for XXXX to verify XXXX payment has been paid as agreed. Missing property on 1003 that is associated with XXXX for co-borrower. - Due Diligence Vendor-10/30/2025 |
Ready for Review-Document Uploaded. Credit supp shows the XXXX account is closed. - Seller-11/14/2025 Ready for Review-Document Uploaded. Credit sup shows the XXXX payments made. Why did this not clear the condition? - Seller-11/11/2025 Ready for Review-Document Uploaded. Supporting Document - Seller-10/31/2025 |
Resolved-Received credit supplement, loan was closed XXXX - Due Diligence Vendor-11/17/2025 |
LTV is less than guideline maximum - We have 75% LTV - Max LTV is 85% Months Reserves exceed minimum required - we have 890.32 months of reserves - we only need 2 mos. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6069727 | |
| XXXX | XXXX | 10104474 | D | A | D | A | A | A | A | A | Closed | FCRE1441 | 2025-10-30 11:42 | 2025-11-07 14:07 | Resolved | 1 - Information | C | A | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Resolved-Past due account is reporting as collection account-balance sufficient to remain open. - Due Diligence Vendor-11/07/2025 Ready for Review-Document Uploaded. Credit sup showing Sept payments made. - Seller-11/05/2025 Open-Delinquent Credit History Does Not Meet Guideline Requirements Past due account on borrowers credit report is required to be brought current per guides - Due Diligence Vendor-10/30/2025 |
Ready for Review-Document Uploaded. Credit sup showing XXXX payments made. - Seller-11/05/2025 |
Resolved-Past due account is reporting as collection account-balance sufficient to remain open. - Due Diligence Vendor-11/07/2025 |
LTV is less than guideline maximum - We have 75% LTV - Max LTV is 85% Months Reserves exceed minimum required - we have 890.32 months of reserves - we only need 2 mos. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6069770 | |
| XXXX | XXXX | 10104474 | D | A | D | A | A | A | A | A | Closed | FCRE0044 | 2025-10-30 11:56 | 2025-11-03 12:56 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received credit inquiry LOE. - Due Diligence Vendor-11/03/2025 Ready for Review-Document Uploaded. Supporting Document - Buyer-10/31/2025 Open-LOX for credit inquiries is missing. Missing credit inquiries for both borrowers - Due Diligence Vendor-10/30/2025 |
Resolved-Received credit inquiry LOE. - Due Diligence Vendor-11/03/2025 |
LTV is less than guideline maximum - We have 75% LTV - Max LTV is 85% Months Reserves exceed minimum required - we have 890.32 months of reserves - we only need 2 mos. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6070025 | ||
| XXXX | XXXX | 10104474 | D | A | D | A | A | A | A | A | Closed | FCRE1151 | 2025-10-30 07:47 | 2025-11-03 12:53 | Resolved | 1 - Information | C | A | Credit | Title | Satisfactory Chain of Title not Provided | Resolved-Received chain of title. - Due Diligence Vendor-11/03/2025 Ready for Review-Document Uploaded. 24 month chain of title - Buyer-10/31/2025 Open-Unsatisfactory Chain of Title provided. Missing 24 month chain of title - Due Diligence Vendor-10/30/2025 |
Resolved-Received chain of title. - Due Diligence Vendor-11/03/2025 |
LTV is less than guideline maximum - We have 75% LTV - Max LTV is 85% Months Reserves exceed minimum required - we have 890.32 months of reserves - we only need 2 mos. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6064290 | ||
| XXXX | 10007528 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 10007279 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2025-11-17 12:15 | 2025-12-03 15:38 | 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-12/03/2025 Ready for Review-Document Uploaded. please find the dot with legal. - Seller-12/01/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal description - Due Diligence Vendor-11/19/2025 |
Ready for Review-Document Uploaded. please find the dot with legal. - Seller-12/01/2025 |
Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-12/03/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 600 Borrower has 708 LTV is less than guideline maximum - Required is 85 Borrower has 46.15 Qualifying DTI below maximum allowed - Required is 50 Borrower has 30.04 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6274641 | ||
| XXXX | 10007284 | C | A | C | A | C | A | A | A | Closed | FCRE1510 | 2025-11-18 11:19 | 2025-12-03 16:27 | 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-12/03/2025 Ready for Review-Document Uploaded. dot for review - Seller-12/01/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description. - Due Diligence Vendor-11/19/2025 |
Ready for Review-Document Uploaded. dot for review - Seller-12/01/2025 |
Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-12/03/2025 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.65 Months Reserves exceed minimum required - 9.4 months reserves exceeds minimum 6 months required |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6289765 | ||
| XXXX | 10007284 | C | A | C | A | C | A | A | A | Closed | finding-3652 | 2025-11-18 12:14 | 2025-12-03 12:11 | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-----Received COC for decrease in lender credit. Finding Resolved. - Due Diligence Vendor-12/03/2025 Ready for Review-Document Uploaded. COC please clear. - Seller-12/01/2025 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 ($595.00) does not exceed or equal the comparable sum of specific and non-specific lender credits ($3,175.00). 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 $3,175.00 to $595.00 without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of $2,580.00, 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-11/18/2025 |
Ready for Review-Document Uploaded. COC please clear. - Seller-12/01/2025 |
Resolved-----Received COC for decrease in lender credit. Finding Resolved. - Due Diligence Vendor-12/03/2025 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.65 Months Reserves exceed minimum required - 9.4 months reserves exceeds minimum 6 months required |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6290730 | ||
| XXXX | XXXX | 9846214 | C | B | C | B | A | A | A | A | Closed | FCRE0094 | 2025-11-20 13:38 | 2025-12-02 10:11 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | State Specific business purpose loan signed as individual | Waived-Client waiver applied to non-material finding. Prepay in XXXX, loan vested in a LLC. - Due Diligence Vendor-12/02/2025 Open-PPP in XXXX as BP signed as individual is not allowed. XXXX* - Due Diligence Vendor-11/21/2025 |
Waived-Client waiver applied to non-material finding. Prepay in XXXX, loan vested in a LLC. - Due Diligence Vendor-12/02/2025 |
DSCR =/> 1.00 and minimum is 0.85 or Less - . Required is 0.8 Borrower has 1.167 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 726 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 6329309 | |||
| XXXX | XXXX | 9846214 | C | B | C | B | A | A | A | A | Closed | FCRE6618 | 2025-11-20 14:26 | 2025-12-02 10:10 | Resolved | 1 - Information | C | A | Credit | Borrower | Borrower information on 1003 is incomplete | Resolved-After further review, the guides do not require REO's to be listed on a DSCR. - Due Diligence Vendor-12/02/2025 Counter-Received rebuttal regarding housing history-missing complete 1003 reflecting concurrent REO transactions to confirm guideline 4.9 met - Due Diligence Vendor-11/26/2025 Ready for Review-Document Uploaded. n/a per guidelines - Seller-11/25/2025 Open-Loan application is incomplete, in that the Section 3 Real Estate Owned only reflects subject property, with borrower transacting concurrently on 4 properties with the same lender, none of which were listed - Due Diligence Vendor-11/21/2025 |
Ready for Review-Document Uploaded. n/a per guidelines - Seller-11/25/2025 |
Resolved-After further review, the guides do not require REO's to be listed on a DSCR. - Due Diligence Vendor-12/02/2025 |
DSCR =/> 1.00 and minimum is 0.85 or Less - . Required is 0.8 Borrower has 1.167 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 726 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6330254 | |
| XXXX | XXXX | 9846214 | C | B | C | B | A | A | A | A | Closed | FCRE1440 | 2025-11-20 14:01 | 2025-12-02 10:08 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-VOR provided. - Due Diligence Vendor-12/02/2025 Ready for Review-Document Uploaded. VOR - Seller-11/25/2025 Open-Housing History Does Not Meet Guideline Requirements <> Missing Verification of Rent, no evidence of primary housing expense provided, no exception found, other findings may apply. <> Missing loan documents and credit payment history for account being paid off at closing showing on the Closing Disclosure. - Due Diligence Vendor-11/21/2025 |
Ready for Review-Document Uploaded. VOR - Seller-11/25/2025 |
Resolved-VOR provided. - Due Diligence Vendor-12/02/2025 |
DSCR =/> 1.00 and minimum is 0.85 or Less - . Required is 0.8 Borrower has 1.167 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 726 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6329677 | |
| XXXX | XXXX | 9846214 | C | B | C | B | A | A | A | A | Closed | FCRE2244 | 2025-11-21 14:15 | 2025-12-02 10:07 | Resolved | 1 - Information | C | A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-After further review, the guides do not require appraisal to be ordered through an XXXX. - Due Diligence Vendor-12/02/2025 Ready for Review-Document Uploaded. UW manager cert - Seller-11/28/2025 Open-Property Issues are identified for the property Appraisal completed as No XXXX. No blanket waiver and no exception request/approval in loan file. - Due Diligence Vendor-11/21/2025 |
Ready for Review-Document Uploaded. UW manager cert - Seller-11/28/2025 |
Resolved-After further review, the guides do not require appraisal to be ordered through an XXXX. - Due Diligence Vendor-12/02/2025 |
DSCR =/> 1.00 and minimum is 0.85 or Less - . Required is 0.8 Borrower has 1.167 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 726 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6345883 | |
| XXXX | XXXX | 9846214 | C | B | C | B | A | A | A | A | Closed | FCRE0969 | 2025-11-21 13:54 | 2025-11-21 15:06 | Waived | 2 - Non-Material | B | B | Credit | Closing | Prepayment Penalty Issue | Waived-Client exception granted to allow XXXX prepay to an LLC, Non-material waiver applied with comp factors. nonmaterial due to Fico 726, 6.79 months reserves and LTV of 75% - Due Diligence Vendor-11/21/2025 Open-Prepayment Penalty Issue: Security Instrument includes a Prepayment Penalty rider for loan closing for an individual or LLC in the XXXX. - Due Diligence Vendor-11/21/2025 |
Waived-Client exception granted to allow XXXX prepay to an LLC, Non-material waiver applied with comp factors. nonmaterial due to Fico 726, 6.79 months reserves and LTV of 75% - Due Diligence Vendor-11/21/2025 |
DSCR =/> 1.00 and minimum is 0.85 or Less - . Required is 0.8 Borrower has 1.167 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 726 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 6345473 | |||
| XXXX | XXXX | 9846220 | C | B | C | A | B | B | A | A | Closed | FCRE2244 | 2025-11-21 16:42 | 2025-12-23 10:02 | Resolved | 1 - Information | C | A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Per Appraiser: "The property has been maintained in overall average condition. No needed repairs were apparent at the time of inspection" - Due Diligence Vendor-12/23/2025 Ready for Review-Document Uploaded. Rebuttal email - Buyer-12/22/2025 Counter-Appraiser must complete on Page 2 - Unit Description section - Are there any physical discrepancies or adverse conditions. - Due Diligence Vendor-12/18/2025 Ready for Review-Document Uploaded. Supporting Documents - Buyer-12/17/2025 Open-Property Issues are identified for the property Appraiser must complete on Page 2 - Unit Description section - Are there any physical discrepancies or adverse conditions. - Due Diligence Vendor-11/21/2025 |
Resolved-Per Appraiser: "The property has been maintained in overall average condition. No needed repairs were apparent at the time of inspection" - Due Diligence Vendor-12/23/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 716 Months Reserves exceed minimum required - Min 3, actual 53.78 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6348151 | ||
| XXXX | XXXX | 9846220 | C | B | C | A | B | B | A | A | Closed | FCRE0113 | 2025-11-21 17:44 | 2025-12-18 14:22 | Resolved | 1 - Information | C | A | Credit | Eligibility | Property/Appraisal General (Credit) | Resolved-Received documentation to support the Appraisal was sent on XXXX - Due Diligence Vendor-12/18/2025 Ready for Review-Document Uploaded. Supporting Documents - Buyer-12/17/2025 Counter-Received E disclosure sent 10/06. Appraisal completion date is XXXX. - Due Diligence Vendor-12/04/2025 Ready for Review-Document Uploaded. Appraisal Delivery receipt - Buyer-12/03/2025 Open-Appraisal was transferred from another lender. Provide a copy of the appraisal delivery form confirming the borrower's receipt of the appraisal within three business days of the reports completion. - Due Diligence Vendor-11/22/2025 |
Resolved-Received documentation to support the Appraisal was sent on XXXX - Due Diligence Vendor-12/18/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 716 Months Reserves exceed minimum required - Min 3, actual 53.78 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6349060 | ||
| XXXX | XXXX | 9846220 | C | B | C | A | B | B | A | A | Closed | FCRE1151 | 2025-11-22 09:47 | 2025-12-08 13:35 | Resolved | 1 - Information | C | A | Credit | Title | Satisfactory Chain of Title not Provided | Resolved-Received Satisfactory Chain of Title - Due Diligence Vendor-12/08/2025 Ready for Review-Document Uploaded. Supporting Documents - Buyer-12/04/2025 Open-Unsatisfactory Chain of Title provided. Missing from title policy - Due Diligence Vendor-11/22/2025 |
Resolved-Received Satisfactory Chain of Title - Due Diligence Vendor-12/08/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 716 Months Reserves exceed minimum required - Min 3, actual 53.78 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6354201 | ||
| XXXX | XXXX | 9846220 | C | B | C | A | B | B | A | A | Closed | FCRE1324 | 2025-11-21 17:06 | 2025-12-08 13:34 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Borrower 1 Tax Returns Not Signed | Resolved-Received signed XXXX Tax returns - Due Diligence Vendor-12/08/2025 Ready for Review-Document Uploaded. Supporting Documents - Buyer-12/04/2025 Open-Borrower 1 Tax Returns Not Signed Missing borrower's signature on 2024 tax return. Transcripts in file for 2022 and 2023; however, no transcripts for 2024 - Due Diligence Vendor-11/21/2025 |
Resolved-Received signed XXXX Tax returns - Due Diligence Vendor-12/08/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 716 Months Reserves exceed minimum required - Min 3, actual 53.78 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6348512 | ||
| XXXX | XXXX | 9846220 | C | B | C | A | B | B | A | A | Closed | FCRE0044 | 2025-11-21 17:20 | 2025-11-26 11:54 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received LOE - Due Diligence Vendor-11/26/2025 Ready for Review-Document Uploaded. Supporting Document - Buyer-11/25/2025 Open-LOX for credit inquiries is missing. Need inquiry letter to be completed/sign and dated. - Due Diligence Vendor-11/22/2025 |
Resolved-Received LOE - Due Diligence Vendor-11/26/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 716 Months Reserves exceed minimum required - Min 3, actual 53.78 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6348730 | ||
| XXXX | XXXX | 9846220 | C | B | C | A | B | B | A | A | Closed | FCOM1301 | 2025-11-21 13:10 | 2025-11-21 14:17 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Home Loan Toolkit is Missing | Waived-The Home Loan Toolkit disclosure is missing. ----- Client waiver applied to non-material Findings - Due Diligence Vendor-11/21/2025 | Waived-The Home Loan Toolkit disclosure is missing. ----- Client waiver applied to non-material Findings - Due Diligence Vendor-11/21/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 716 Months Reserves exceed minimum required - Min 3, actual 53.78 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | Investor Post-Close | No | 6344711 | |||
| XXXX | 10007527 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 10007253 | C | A | C | A | C | A | A | A | Closed | finding-3635 | 2025-12-01 07:21 | 2025-12-18 09:08 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved-Upon further review, no further documentation is needed or required. Lender credit on final CD for amount over tolerance. - Due Diligence Vendor-12/18/2025 Ready for Review-XXXX calculated the baseline for Charges that can increase by 10% as the Recording Fees and Other Taxes for $256 disclosed to borrower on LE dated XXXX (this was disclosed at the same amount on the LE dated XXXX). The Recording fees on the final CD signed by borrower at closing were $347 ($101 for the deed and $246 for the mortgage). This results in a cure for charges that can increase 10% of $65.40 (Baseline = $256. Allowable final amount = $281.60 [base amount + 10%]. Final amount of fees $347. $347 – $281.60 = cure of $65.40). There is no need for any additional cure. Please clear finding. - Seller-12/17/2025 Open-This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($547.00) exceed the comparable charges ($256.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). -----Ten (10%) tolerance fees (recording & release) increased by $265.40 without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $265.40, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. - Due Diligence Vendor-12/01/2025 |
Ready for Review-XXXX calculated the baseline for Charges that can increase by 10% as the Recording Fees and Other Taxes for $256 disclosed to borrower on LE dated XXXX (this was disclosed at the same amount on the LE dated XXXX). The Recording fees on the final CD signed by borrower at closing were $347 ($101 for the deed and $246 for the mortgage). This results in a cure for charges that can increase 10% of $65.40 (Baseline = $256. Allowable final amount = $281.60 [base amount + 10%]. Final amount of fees $347. $347 – $281.60 = cure of $65.40). There is no need for any additional cure. Please clear finding. - Seller-12/17/2025 |
Resolved-Upon further review, no further documentation is needed or required. Lender credit on final CD for amount over tolerance. - Due Diligence Vendor-12/18/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 763 is higher than the required 680 Required is 680 Borrower has 763 Qualifying DTI below maximum allowed - DTI 44.90% is lower than allowable 50% Required is 50 Borrower has 44.9 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6425575 | |||
| XXXX | 10007253 | C | A | C | A | C | A | A | A | Closed | finding-3652 | 2025-12-01 07:21 | 2025-12-18 09:03 | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Upon further review, no further documentation is needed or required. Lender credit decrease due to decrease in the fee that the credit was for. - Due Diligence Vendor-12/18/2025 Ready for Review-XXXX calculated the baseline for Charges that can increase by 10% as the Recording Fees and Other Taxes for $256 disclosed to borrower on LE dated 10/14/25 (this was disclosed at the same amount on the LE dated 10/28/25). The Recording fees on the final CD signed by borrower at closing were $347 ($101 for the deed and $246 for the mortgage). At the time of the initial CD on XXXX, the recording fees from escrow equaled $375. This resulted in a cure for charges that can increase 10% of $93.40 (Baseline = $256. Allowable final amount = $281.60 [base amount + 10%]. Final amount of fees $375. $375 – $281.60 = cure of $93.40). This credit was reduced when XXXX received updated recording fees from escrow which were present on the final CD signed at closing. There is no need for a cure for this amount as it resulted in a decrease in the fees charged to the borrower. Please clear finding. - Seller-12/17/2025 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 ($65.40) does not exceed or equal the comparable sum of specific and non-specific lender credits ($93.40). 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 $93.40 to $65.40 without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of $28.00, 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-12/01/2025 |
Ready for Review-XXXX calculated the baseline for Charges that can increase by 10% as the Recording Fees and Other Taxes for $256 disclosed to borrower on LE dated XXXX (this was disclosed at the same amount on the LE dated XXXX). The Recording fees on the final CD signed by borrower at closing were XXXX (XXXX for the deed and XXXX for the mortgage). At the time of the initial CD on XXXX, the recording fees from escrow equaled XXXX. This resulted in a cure for charges that can increase 10% of XXXX (Baseline = $256. Allowable final amount = XXXX [base amount + 10%]. Final amount of fees XXXX. XXXX – XXXX = cure of XXXX). This credit was reduced when XXXX received updated recording fees from escrow which were present on the final CD signed at closing. There is no need for a cure for this amount as it resulted in a decrease in the fees charged to the borrower. Please clear finding. - Seller-12/17/2025 |
Resolved-Upon further review, no further documentation is needed or required. Lender credit decrease due to decrease in the fee that the credit was for. - Due Diligence Vendor-12/18/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 763 is higher than the required 680 Required is 680 Borrower has 763 Qualifying DTI below maximum allowed - DTI 44.90% is lower than allowable 50% Required is 50 Borrower has 44.9 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6425572 | |||
| XXXX | 10007253 | C | A | C | A | C | A | A | A | Closed | FCRE1510 | 2025-12-03 11:31 | 2025-12-09 16:56 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-There are no issues present on the Mortgage Document (Deed of Trust). - Due Diligence Vendor-12/09/2025 Ready for Review-Document Uploaded. dot with legal - Seller-12/05/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description - Due Diligence Vendor-12/03/2025 |
Ready for Review-Document Uploaded. dot with legal - Seller-12/05/2025 |
Resolved-There are no issues present on the Mortgage Document (Deed of Trust). - Due Diligence Vendor-12/09/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 763 is higher than the required 680 Required is 680 Borrower has 763 Qualifying DTI below maximum allowed - DTI 44.90% is lower than allowable 50% Required is 50 Borrower has 44.9 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6465414 | ||
| XXXX | 10007253 | C | A | C | A | C | A | A | A | Closed | finding-3634 | 2025-12-01 07:21 | 2025-12-09 09:01 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved------Received COC XXXX. Finding resolved. - Due Diligence Vendor-12/09/2025 Ready for Review-Document Uploaded. please find the COC - Seller-12/05/2025 Open-This loan failed the charges that cannot increase 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).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $117.00.Please see the Tolerance Comparison 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). -----Zero (0%) tolerance fees increased by $117.00 (credit report) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $117.00, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations 3 years. Expiration XXXX. - Due Diligence Vendor-12/01/2025 |
Ready for Review-Document Uploaded. please find the COC - Seller-12/05/2025 |
Resolved------Received COC XXXX. Finding resolved. - Due Diligence Vendor-12/09/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 763 is higher than the required 680 Required is 680 Borrower has 763 Qualifying DTI below maximum allowed - DTI 44.90% is lower than allowable 50% Required is 50 Borrower has 44.9 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6425573 | ||
| XXXX | 9896436 | B | B | B | B | A | A | A | A | Closed | FCRE0969 | 2025-12-02 11:26 | 2025-12-03 08:41 | Waived | 2 - Non-Material | B | B | Credit | Closing | Prepayment Penalty Issue | Waived-Per XXXX. Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-12/03/2025 Open-XXXX Property held in an LLC Prepay not allowed. - Due Diligence Vendor-12/02/2025 |
Waived-Per XXXX Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-12/03/2025 |
Months Reserves exceed minimum required - >37 months vs. 3 months required Credit history exceeds minimum required - Exceeds requirements |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | 6448301 | ||||
| XXXX | 10007294 | C | A | A | A | C | A | A | A | Closed | finding-3652 | 2025-12-02 11:47 | 2025-12-18 07:45 | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved------Receeived COC XXXX. Finding resolved. - Due Diligence Vendor-12/18/2025 Ready for Review-hi this was not reviewed can you p lease clear. - Seller-12/17/2025 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 ($2,250.00) does not exceed or equal the comparable sum of specific and non-specific lender credits ($6,656.00). 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 $6,656.00to $2,250.00 without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of $4,406.00, 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-12/02/2025 |
Ready for Review-hi this was not reviewed can you p lease clear. - Seller-12/17/2025 |
Resolved------Receeived COC XXXX. Finding resolved. - Due Diligence Vendor-12/18/2025 |
Qualifying DTI below maximum allowed - DTI 37.50% is lower than allowable 50% Required is 50 Borrower has 37.5 Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 786 is higher than the required 680 Required is 680 Borrower has 786 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6448792 | ||
| XXXX | 10007256 | C | B | C | B | C | A | A | A | Closed | FCRE1441 | 2025-12-04 23:06 | 2026-01-15 07:52 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Waived-Originator exception granted to allow not to pay collections accounts and include in the DTI. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-01/15/2026 Ready for Review-this was asked for: Delinquent Credit History Does Not Meet Guideline Requirements All collections/charge-offs must be paid (may be paid at closing). Per CD debts were not paid off, need evidence of charge off has been paid off at closing. XXXX Now your adding something else, the loan was waived to show collections please clear. - Seller-12/18/2025 Counter-Received 1003. Missing Charge offs Credit reflect three charge offs XXXX. - Due Diligence Vendor-12/18/2025 Ready for Review-Document Uploaded. this is already in the 1003 please clear. page 2/3 - Seller-12/17/2025 Counter-Received waiver to include collections in DTI-provide revised 1003 reflecting 2 collections considered in liabilities- no signature required on 1003 - Due Diligence Vendor-12/11/2025 Ready for Review-Document Uploaded. credit exception was allowed for this, we do not have approvals for these, please confirm with mgmt. please clear - Seller-12/10/2025 Open-Delinquent Credit History Does Not Meet Guideline Requirements All collections/charge-offs must be paid (may be paid at closing). Per CD debts were not paid off, need evidence of charge off has been paid off at closing. XXXX - Due Diligence Vendor-12/05/2025 |
Ready for Review-this was asked for: Delinquent Credit History Does Not Meet Guideline Requirements All collections/charge-offs must be paid (may be paid at closing). Per CD debts were not paid off, need evidence of charge off has been paid off at closing. XXXX Now your adding something else, the loan was waived to show collections please clear. - Seller-12/18/2025 Ready for Review-Document Uploaded. this is already in the 1003 please clear. page 2/3 - Seller-12/17/2025 Ready for Review-Document Uploaded. credit exception was allowed for this, we do not have approvals for these, please confirm with mgmt. please clear - Seller-12/10/2025 |
Waived-Originator exception granted to allow not to pay collections accounts and include in the DTI. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-01/15/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 6.14 LTV is less than guideline maximum - Required is 80 Borrower has 69.77 |
DTI 6% LTV 69% Reserves 108 months |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | 6495987 | |
| XXXX | 10007256 | C | B | C | B | C | A | A | A | Closed | FCOM3666 | 2025-12-02 10:45 | 2025-12-19 12:26 | Resolved | 1 - Information | C | A | Compliance | Closing | Loan Originator NMLS Status is Not Active | Resolved-Received updated 1003 section 9 with correct state license for the LO. - Due Diligence Vendor-12/19/2025 Ready for Review-Document Uploaded. 1003 with correct number - Seller-12/18/2025 Counter-Received information that LO has changed. NMLS number still present XXXX. This is inactive. - Due Diligence Vendor-12/18/2025 Ready for Review-Document Uploaded. LO was changed prior to loan closing please find the email and updated LO page that was not submitted. - Seller-12/17/2025 Open-Loan Originator NMLS Status is Not Active -----Per NMLS lookup - Due Diligence Vendor-12/02/2025 |
Ready for Review-Document Uploaded. 1003 with correct number - Seller-12/18/2025 Ready for Review-Document Uploaded. LO was changed prior to loan closing please find the email and updated LO page that was not submitted. - Seller-12/17/2025 |
Resolved-Received updated 1003 section 9 with correct state license for the LO. - Due Diligence Vendor-12/19/2025 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 6.14 LTV is less than guideline maximum - Required is 80 Borrower has 69.77 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6446059 | ||
| XXXX | 10007256 | C | B | C | B | C | A | A | A | Closed | finding-3652 | 2025-12-02 12:02 | 2025-12-18 07:40 | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-----Received COCs and valid exlanation of lender decrease. FInding resolved. - Due Diligence Vendor-12/18/2025 Ready for Review-this is not a requirement of our guides, but the value of the property was lower and the borrower requested less lender credits. we also waived escrows but his is the loan the borrower requested please clear. - Seller-12/17/2025 Counter------Received COC from client "Borower requests Lender Credit to pay closing costs." Provide explanation of why borrower would request lower lender credit. - Due Diligence Vendor-12/12/2025 Ready for Review-Document Uploaded. please find the coc's for review. - Seller-12/10/2025 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 ($17,010.15) does not exceed or equal the comparable sum of specific and non-specific lender credits ($26,244.00). 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 $26244.00 to $17010.15 without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of $9233.85, 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-12/02/2025 |
Ready for Review-this is not a requirement of our guides, but the value of the property was lower and the borrower requested less lender credits. we also waived escrows but his is the loan the borrower requested please clear. - Seller-12/17/2025 Ready for Review-Document Uploaded. please find the coc's for review. - Seller-12/10/2025 |
Resolved-----Received COCs and valid exlanation of lender decrease. FInding resolved. - Due Diligence Vendor-12/18/2025 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 6.14 LTV is less than guideline maximum - Required is 80 Borrower has 69.77 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6449169 | ||
| XXXX | 10007256 | C | B | C | B | C | A | A | A | Closed | finding-3634 | 2025-12-02 12:02 | 2025-12-12 08:10 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved------Received COC XXXX, finding resolved. - Due Diligence Vendor-12/12/2025 Ready for Review-Document Uploaded. please find the coc for Credit - Seller-12/10/2025 Open-This loan failed the charges that cannot increase 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).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $49.91.Please see the Tolerance Comparison 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). -----Zero (0%) tolerance fees increased by $49.91 (credit report) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $49.91, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations 3 years. Expiration XXXX. - Due Diligence Vendor-12/02/2025 |
Ready for Review-Document Uploaded. please find the coc for Credit - Seller-12/10/2025 |
Resolved------Received COC XXXX, finding resolved. - Due Diligence Vendor-12/12/2025 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 6.14 LTV is less than guideline maximum - Required is 80 Borrower has 69.77 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6449170 | ||
| XXXX | 10007256 | C | B | C | B | C | A | A | A | Closed | FCRE1440 | 2025-12-04 17:23 | 2025-12-11 14:26 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received acquisition settlement statement confirming 1st payment due date. - Due Diligence Vendor-12/11/2025 Ready for Review-Document Uploaded. sub was bought in XXXX please clear. - Seller-12/10/2025 Open-Housing History Does Not Meet Guideline Requirements Verification of the paid off mortgage payment history with XXXX was not identified in the file. This is required. additional stipulations may apply. - Due Diligence Vendor-12/04/2025 |
Ready for Review-Document Uploaded. sub was bought in XXXX with payoff, loan closed XXXX please clear. - Seller-12/10/2025 |
Resolved-Received acquisition settlement statement confirming 1st payment due date. - Due Diligence Vendor-12/11/2025 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 6.14 LTV is less than guideline maximum - Required is 80 Borrower has 69.77 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6493947 | ||
| XXXX | 10007256 | C | B | C | B | C | A | A | A | Closed | FCRE1510 | 2025-12-02 10:49 | 2025-12-11 14:19 | 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-12/11/2025 Ready for Review-Document Uploaded. dot with legal - Seller-12/10/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing legal - Due Diligence Vendor-12/02/2025 |
Ready for Review-Document Uploaded. dot with legal - Seller-12/10/2025 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-12/11/2025 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 6.14 LTV is less than guideline maximum - Required is 80 Borrower has 69.77 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6446149 | ||
| XXXX | XXXX | 9855595 | D | A | D | A | A | A | A | A | Closed | FCRE1161 | 2025-12-03 16:22 | 2025-12-05 11:56 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Received Flood Cert. - Due Diligence Vendor-12/05/2025 Ready for Review-Document Uploaded. Flood Certification - Buyer-12/04/2025 Open-Missing Flood Certificate - Due Diligence Vendor-12/03/2025 |
Resolved-Received Flood Cert. - Due Diligence Vendor-12/05/2025 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.311 Required is 0.8 Borrower has 1.311 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 794 Required is 700 Borrower has 794 LTV is less than guideline maximum - Required is 75 Borrower has 70 Required is 75 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6473707 | ||
| XXXX | XXXX | 9855595 | D | A | D | A | A | A | A | A | Closed | FCRE0043 | 2025-12-03 16:50 | 2025-12-05 11:56 | Resolved | 1 - Information | D | A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation. - Due Diligence Vendor-12/05/2025 Ready for Review-Document Uploaded. DSCR Worksheet - Buyer-12/04/2025 Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-12/03/2025 |
Resolved-Received DSCR Calculation. - Due Diligence Vendor-12/05/2025 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.311 Required is 0.8 Borrower has 1.311 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 794 Required is 700 Borrower has 794 LTV is less than guideline maximum - Required is 75 Borrower has 70 Required is 75 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6474198 | ||
| XXXX | XXXX | 9807866 | C | A | C | A | A | A | A | A | Closed | FPRO9999 | 2025-12-04 07:27 | 2026-01-20 13:46 | Resolved | 1 - Information | C | A | Credit | Eligibility | Condo project has pending litigation | Resolved-After further review Attorney letter provided for the condo association is not structural, or health and safety issue. Most of the filings against the Condo association have been dismissed and Attorney feels the same will be dismissed for the last filing. Condition resolved - Due Diligence Vendor-01/20/2026 Ready for Review-Document Uploaded. Please see attorney letter regarding XXXX litigation. It is not expected to have any financial impact on the association. - Buyer-01/16/2026 Open-The condo project has pending litigation. Page 222 of loan file reflects the condo being part of litigation. XXXX. The lawsuit is against the HOA and appears to be major in nature, with XXXX. It does not relate to the safety, structure, or functionality of any condo unit in the project. The file does not contain a letter from an attorney or HOA to state whether lawsuit is covered by insurance. - Due Diligence Vendor-12/05/2025 |
Resolved-After further review Attorney letter provided for the condo association is not structural, or health and safety issue. Most of the filings against the Condo association have been dismissed and Attorney feels the same will be dismissed for the last filing. Condition resolved - Due Diligence Vendor-01/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 763 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.02 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6480418 | ||
| XXXX | XXXX | 9807866 | C | A | C | A | A | A | A | A | Closed | FCRE0116 | 2025-12-04 08:27 | 2026-01-16 13:03 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Warrantability Documentation | Resolved-Received UW attestation. - Due Diligence Vendor-01/16/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/15/2026 Counter-Received Condotel Warranty. Missing confirmation Project has obtained a hotel or resort rating for its hotel, motel, or resort operations through hotel ratings providers including, but not limited to, travel agencies, hotel booking websites, and internet search engines - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. Please apply to condo warrantability condition - Buyer-01/07/2026 Open-Missing Warrantability Documentation. No documentation provided for warrantability. - Due Diligence Vendor-12/05/2025 |
Resolved-Received UW attestation. - Due Diligence Vendor-01/16/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 763 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.02 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6481004 | ||
| XXXX | XXXX | 9917854 | D | A | D | A | A | A | A | A | Closed | FPRO1256 | 2025-12-05 08:34 | 2026-02-20 11:49 | Resolved | 1 - Information | D | A | Credit | Eligibility | HOA Questionnaire Document is Partially Provided | Resolved-Received complete questionnaire. - Due Diligence Vendor-12/15/2025 Ready for Review-Document Uploaded. Supporting Document - Buyer-12/12/2025 Counter-Received Email. Provide completed questionnaire. - Due Diligence Vendor-12/11/2025 Ready for Review-Document Uploaded. Supporting Documents - Buyer-12/09/2025 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is only Partially Provided. XXXX condo questionnaire - section Project Condition on page 3 needs to be completed. - Due Diligence Vendor-12/05/2025 |
Resolved-Received complete questionnaire. - Due Diligence Vendor-12/15/2025 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Months Reserves exceed minimum required - We have 79.74 mos in reserves and only needed 3 mos verified. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6500678 | ||
| XXXX | XXXX | 9917854 | D | A | D | A | A | A | A | A | Closed | FCRE1193 | 2025-12-05 11:27 | 2026-01-12 15:31 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-BS income calc corrected. The lender used personal returns and no expense factor is needed. - Due Diligence Vendor-01/12/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-01/12/2026 Counter-1003 and 1008 provided. Reviewed DTI - XXXX total combined income, XXXX primary, XXXX REO loss and XXXX Consumer debt. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-01/09/2026 Counter-Audited DTI of XXXX exceeds Guideline DTI of 50% - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. 1099 for retired pension pay that equals the $4950 per month - Buyer-01/07/2026 Counter-Alternate finding is pending additional income. LOE indicate 'The Pension $4950/month- I will be back in touch on that piece." - Due Diligence Vendor-12/30/2025 Ready for Review-Document Uploaded. Supporting Documents - Buyer-12/29/2025 Counter-Received UW narrative on income. Missing validation of primary PITIA. Audit figure is XXXX and differs from final 1003 and 1008. Finding remains - Due Diligence Vendor-12/29/2025 Ready for Review-Document Uploaded. Supporting Document - Seller-12/23/2025 Open-Audited DTI of XXXX exceeds Guideline DTI of 50% Need to clarify percent of ownership borrower has in business and utilize this percent to calculate income to qualify. Verify full PITIA for current home as discrepancies in file reflect higher payment versus what is listed on 1003. - Due Diligence Vendor-12/05/2025 |
Ready for Review-Document Uploaded. Supporting Document - Seller-01/12/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-12/23/2025 |
Resolved-BS income calc corrected. The lender used personal returns and no expense factor is needed. - Due Diligence Vendor-01/12/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Months Reserves exceed minimum required - We have 79.74 mos in reserves and only needed 3 mos verified. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6504790 | |
| XXXX | XXXX | 9917854 | D | A | D | A | A | A | A | A | Closed | FCRE1437 | 2025-12-05 10:45 | 2026-01-12 15:30 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-BS income calc corrected. The lender used personal returns and no expense factor is needed. - Due Diligence Vendor-01/12/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/12/2026 Counter-Received updated 1003. All noted income included and DTI is still XXXX. - Due Diligence Vendor-01/12/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-01/09/2026 Counter-Using the pension income and removing the taxes for the primary the DTI is now XXXX. - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. 1099 for retired pension pay that equals the XXXX per month - Seller-01/07/2026 Counter-Received LOE and CAD. LOE indicate 'The Pension XXXX/month- I will be back in touch on that piece." - Due Diligence Vendor-12/30/2025 Ready for Review-Document Uploaded. Supporting Documents - Seller-12/29/2025 Counter-Received VA disability and TRS. Missing verification of Pension income of XXXX as no documentation is in file. - Due Diligence Vendor-12/29/2025 Ready for Review-Document Uploaded. Supporting Documents - Buyer-12/23/2025 Counter-Received Business docs. Borrower percentage of ownership was not noted on documents provided. - Due Diligence Vendor-12/11/2025 Ready for Review-Document Uploaded. Supporting Documents - Buyer-12/10/2025 Open-Income and Employment Do Not Meet Guidelines UW has uploaded income worksheet. Review lenders worksheet - they have borrower owning 100% of business when there are comments on Scenario request showing borrower is XXXX owner of business - Page 909. UW is requesting CPA letter or alternative to verify percent of ownership. With using XXXX ownership - income is XXXX. Final 1003 is also showing additional Pension income of XXXX of which UW could not find as i went thru each page of documents. UW could only find XXXX income info Page 1263 of XXXX and and Pension Page 957 of XXXX. - Due Diligence Vendor-12/05/2025 |
Ready for Review-Document Uploaded. Supporting Document - Seller-01/09/2026 Ready for Review-Document Uploaded. 1099 for retired pension pay that equals the XXXX per month - Seller-01/07/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-12/29/2025 |
Resolved-BS income calc corrected. The lender used personal returns and no expense factor is needed. - Due Diligence Vendor-01/12/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Months Reserves exceed minimum required - We have 79.74 mos in reserves and only needed 3 mos verified. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6503337 | |
| XXXX | XXXX | 9917854 | D | A | D | A | A | A | A | A | Closed | FCRE1507 | 2025-12-05 11:21 | 2026-01-12 15:28 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Discrepancy between Originator QM Status and Final QM Status | Resolved-The Originator QM Status and Final QM Status are the same. - Due Diligence Vendor-01/12/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-01/12/2026 Counter-Pending DTI resolution. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-01/09/2026 Counter-Using the pension income and removing the taxes for the primary the DTI is now XXXX. - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. 1099 for retired pension pay that equals the XXXX per month - Seller-01/07/2026 Counter-Received LOE and CAD. LOE indicate 'The Pension XXXX/month- I will be back in touch on that piece." - Due Diligence Vendor-12/30/2025 Ready for Review-Document Uploaded. Supporting Documents - Seller-12/29/2025 Counter-Pending validation of pension and PITIA on primary. - Due Diligence Vendor-12/29/2025 Ready for Review-Document Uploaded. Supporting Document - Seller-12/23/2025 Open-The Originator QM Status is not the same as the Final QM Status. DTI is not fully verified as we are missing income information for additional Pension and ownership percentage of business. - Due Diligence Vendor-12/05/2025 |
Ready for Review-Document Uploaded. Supporting Document - Seller-01/12/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-01/09/2026 Ready for Review-Document Uploaded. 1099 for retired pension pay that equals the XXXX per month - Seller-01/07/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-12/29/2025 Ready for Review-Document Uploaded. Supporting Document - Seller-12/23/2025 |
Resolved-The Originator QM Status and Final QM Status are the same. - Due Diligence Vendor-01/12/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Months Reserves exceed minimum required - We have 79.74 mos in reserves and only needed 3 mos verified. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6504125 | |
| XXXX | XXXX | 9917854 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2025-12-05 09:38 | 2026-01-12 15:28 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received credit supplement confirming Nov payment made. - Due Diligence Vendor-12/18/2025 Ready for Review-Document Uploaded. Supporting Document - Seller-12/17/2025 Counter-Received Bank Statements. Need updated Mtg statement with XXXX for XXXX to verify payments paid to XXXX - Due Diligence Vendor-12/11/2025 Ready for Review-Document Uploaded. Supporting Document - Seller-12/10/2025 Open-Housing History Does Not Meet Guideline Requirements Need updated Mtg statement with XXXX for XXXX to verify payments paid to XXXX - Due Diligence Vendor-12/05/2025 |
Ready for Review-Document Uploaded. Supporting Document - Seller-12/17/2025 Ready for Review-Document Uploaded. Supporting Document - Seller-12/10/2025 |
Resolved-Received credit supplement confirming Nov payment made. - Due Diligence Vendor-12/18/2025 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Months Reserves exceed minimum required - We have 79.74 mos in reserves and only needed 3 mos verified. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6501959 | |
| XXXX | XXXX | 9917854 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2025-12-05 09:38 | 2026-01-12 15:28 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received UDM. - Due Diligence Vendor-12/11/2025 Ready for Review-Document Uploaded. Supporting Document - Seller-12/09/2025 Open-Borrower 1 Gap Credit Report is Missing Missing Gap Credit Report for borrower. - Due Diligence Vendor-12/05/2025 |
Ready for Review-Document Uploaded. Supporting Document - Seller-12/09/2025 |
Resolved-Received UDM. - Due Diligence Vendor-12/11/2025 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Months Reserves exceed minimum required - We have 79.74 mos in reserves and only needed 3 mos verified. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6501960 | |
| XXXX | XXXX | 9917854 | D | A | D | A | A | A | A | A | Closed | FCRE1479 | 2025-12-05 10:38 | 2026-01-08 16:40 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 1 Does Not Meet Guideline Requirements | Resolved-Business account was not used for closing/reserves. - Due Diligence Vendor-12/15/2025 Counter-We need access letter from all parties with ownership in business to use business funds for cash to close/reserves. CPA letter on letterhead with CPA verified license info to address cash to close from business will not negatively impact business if funds are used for closing. - Due Diligence Vendor-12/11/2025 Ready for Review-Document Uploaded. Supporting Document - Seller-12/10/2025 Open-Asset Record 1 Does Not Meet G/L Requirements We need access letter from all parties with ownership in business to use business funds for cash to close/reserves. CPA letter on letterhead with CPA verified license info to address cash to close from business will not negatively impact business if funds are used for closing. - Due Diligence Vendor-12/05/2025 |
Ready for Review-Document Uploaded. Supporting Document - Seller-12/10/2025 |
Resolved-Business account was not used for closing/reserves. - Due Diligence Vendor-12/15/2025 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Months Reserves exceed minimum required - We have 79.74 mos in reserves and only needed 3 mos verified. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6503185 | |
| XXXX | XXXX | 9917854 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2025-12-05 08:06 | 2025-12-15 15:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-The Business Purpose Affidavit Disclosure is Not Applicable; not a DSCR program and did not close in an entity. - Due Diligence Vendor-12/15/2025 Open-The Business Purpose Affidavit Disclosure is Missing Missing Business Purpose or Occupancy - Due Diligence Vendor-12/05/2025 |
Resolved-The Business Purpose Affidavit Disclosure is Not Applicable; not a DSCR program and did not close in an entity. - Due Diligence Vendor-12/15/2025 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Months Reserves exceed minimum required - We have 79.74 mos in reserves and only needed 3 mos verified. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6500285 | |||
| XXXX | 10100946 | D | A | D | A | C | A | A | A | Closed | finding-3634 | 2026-03-06 17:09 | 2026-03-11 13:24 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received CD XXXX and COC's. Finding Resolved. - Due Diligence Vendor-03/11/2026 Ready for Review-Document Uploaded. CD XXXX along with confirmation of delivery provided. Please clear. - Seller-03/10/2026 Counter-----COC's provided for the changes are more than 3 days prior to the Final CD. XXXX. Finding Remains. - Due Diligence Vendor-03/10/2026 Ready for Review-Document Uploaded. COCs provided, please clear. - Seller-03/10/2026 Open-This loan failed the charges that cannot increase 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).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $776.88.Please see the Tolerance Comparison 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).-----*NEW* [Received updated loan package] - Zero (0%) tolerance fees increased by $776.88 (Loan Points ($62.50), and Rate Lock Extension Fee ($714.38)) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $776.88, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Years; Expiration Date: XXXX. - Due Diligence Vendor-03/06/2026 |
Ready for Review-Document Uploaded. CD XXXX along with confirmation of delivery provided. Please clear. - Seller-03/10/2026 Ready for Review-Document Uploaded. COCs provided, please clear. - Seller-03/10/2026 |
Resolved-Received CD XXXX and COC's. Finding Resolved. - Due Diligence Vendor-03/11/2026 |
Months Reserves exceed minimum required - 6 months required, subject 26.99 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.38 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 7980599 | ||
| XXXX | 10100946 | D | A | D | A | C | A | A | A | Closed | FCRE1440 | 2025-12-11 15:51 | 2026-02-27 17:27 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received missing payment history. - Due Diligence Vendor-12/24/2025 Ready for Review-Document Uploaded. Requested VOM provided, please clear finding. - Seller-12/22/2025 Open-Housing History Does Not Meet Guideline Requirements Missing verification of mortgage history payments for the subject from XXXX - Due Diligence Vendor-12/11/2025 |
Ready for Review-Document Uploaded. Requested VOM provided, please clear finding. - Seller-12/22/2025 |
Resolved-Received missing payment history. - Due Diligence Vendor-12/24/2025 |
Months Reserves exceed minimum required - 6 months required, subject 26.99 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.38 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 6592606 | ||
| XXXX | 10100946 | D | A | D | A | C | A | A | A | Closed | finding-3652 | 2025-12-07 19:03 | 2025-12-31 08:20 | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Rec'd COC. Finding resolved. - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. Per LOS screenshot provided, reduction in lender credit was documented due to borrower changing occupancy from primary residence to Secondary residence. This resultedin a change of pricing. Please clear finding. - Seller-12/29/2025 Counter------Received COC for decrease in lender credits. Explanation, borrower requests lender credit to pay closing costs is not valid for reduction in credit. Finding remains. - Due Diligence Vendor-12/16/2025 Ready for Review-Document Uploaded. COC for lender credit decrease provided. Please clear finding. - Seller-12/15/2025 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 ($0.00) does not exceed or equal the comparable sum of specific and non-specific lender credits ($238.00). 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 $238.00 to $0.00 without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of $0 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-12/08/2025 |
Ready for Review-Document Uploaded. Per LOS screenshot provided, reduction in lender credit was documented due to borrower changing occupancy from primary residence to Secondary residence. This resultedin a change of pricing. Please clear finding. - Seller-12/29/2025 Ready for Review-Document Uploaded. COC for lender credit decrease provided. Please clear finding. - Seller-12/15/2025 |
Resolved-Rec'd COC. Finding resolved. - Due Diligence Vendor-12/31/2025 |
Months Reserves exceed minimum required - 6 months required, subject 26.99 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.38 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 6521110 | ||
| XXXX | 10100946 | D | A | D | A | C | A | A | A | Closed | FCRE1292 | 2025-12-11 17:47 | 2025-12-23 06:04 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 1 Months Income Verified is Missing | Resolved-Received confirmation from the lender that the XXXX deposit represents the rent deposits for XXXX through XXXX. - Due Diligence Vendor-12/23/2025 Counter-Received bank statement showing deposit of XXXX. Bank statement does not reflect deposit origin and amount exceeds monthly rents. Provide confirmation deposit represents 3 months rents deposited. - Due Diligence Vendor-12/16/2025 Ready for Review-Document Uploaded. XXXX through XXXX rent received in the amount of XXXX shown on the bank statement. Please clear finding. - Seller-12/15/2025 Open-Income 1 Months Income Verified is Missing Verification of the XXXX rent was not identified in the file. Proof of 2 months receipt of the XXXX is required. Additional stipulations may apply. - Due Diligence Vendor-12/11/2025 |
Ready for Review-Document Uploaded. XXXX XXXX through XXXX XXXX rent received in the amount of XXXX shown on the bank statement. Please clear finding. - Seller-12/15/2025 |
Resolved-Received confirmation from the lender that the $3,900 deposit represents the rent deposits for XXXX through XXXX. - Due Diligence Vendor-12/23/2025 |
Months Reserves exceed minimum required - 6 months required, subject 26.99 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.38 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 6594578 | ||
| XXXX | 10100946 | D | A | D | A | C | A | A | A | Closed | FCRE1278 | 2025-12-11 16:24 | 2025-12-23 06:02 | Resolved | 1 - Information | C | A | Credit | Eligibility | Escrow waiver guidelines were not met | Resolved-Lender confirmed the escrow waiver was allowed on this loan. - Due Diligence Vendor-12/23/2025 Counter-Escrows are required on program. Please provide exception. - Due Diligence Vendor-12/16/2025 Ready for Review-Document Uploaded. Guidelines do require escrows, however we allow a waiver with a price add. The fact that the guidelines state “require” only establishes the fact that if allowed by law, escrows will be on the loan. It does not mean that under no circumstances can they be waived, it just sets the baseline that they must be placed on each loan and waiving will require the price add. This has been addressed previously and cleared based on this logic. Please see loan XXXX. - Seller-12/15/2025 Open-Escrows were waived. Per the applicable guidelines XXXX loans require escrows. - Due Diligence Vendor-12/11/2025 |
Ready for Review-Document Uploaded. Guidelines do require escrows, however we allow a waiver with a price add. The fact that the guidelines state “require” only establishes the fact that if allowed by law, escrows will be on the loan. It does not mean that under no circumstances can they be waived, it just sets the baseline that they must be placed on each loan and waiving will require the price add. This has been addressed previously and cleared based on this logic. Please see loan XXXX. - Seller-12/15/2025 |
Resolved-Lender confirmed the escrow waiver was allowed on this loan. - Due Diligence Vendor-12/23/2025 |
Months Reserves exceed minimum required - 6 months required, subject 26.99 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.38 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 6593202 | ||
| XXXX | 10100946 | D | A | D | A | C | A | A | A | Closed | FCRE7497 | 2025-12-11 18:01 | 2025-12-16 14:26 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received confirmation no HOA. - Due Diligence Vendor-12/16/2025 Ready for Review-Document Uploaded. No HOA for property XXXX, please clear finding. - Seller-12/15/2025 Open-Missing verification of any HOA dues on Property XXXX - Due Diligence Vendor-12/11/2025 |
Ready for Review-Document Uploaded. No HOA for property XXXX, please clear finding. - Seller-12/15/2025 |
Resolved-Received confirmation no HOA. - Due Diligence Vendor-12/16/2025 |
Months Reserves exceed minimum required - 6 months required, subject 26.99 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.38 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 6594735 | ||
| XXXX | 10100946 | D | A | D | A | C | A | A | A | Closed | FCRE1510 | 2025-12-11 13:28 | 2025-12-16 14:21 | 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-12/16/2025 Ready for Review-Document Uploaded. Deed of trust with legal description provided. Please clear finding. - Seller-12/15/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. The Legal description was not attached to the mortgage. - Due Diligence Vendor-12/11/2025 |
Ready for Review-Document Uploaded. Deed of trust with legal description provided. Please clear finding. - Seller-12/15/2025 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-12/16/2025 |
Months Reserves exceed minimum required - 6 months required, subject 26.99 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.38 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 6588965 | ||
| XXXX | 10007251 | D | A | D | A | C | A | A | A | Closed | finding-47 | 2025-12-07 19:55 | 2026-01-02 16:19 | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-Received PCCD XXXX with correct disbursement date and final settlement statement. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Escrow sent over corrected FSS showing a disbursement date of XXXX. Also, the PCCD has been uploaded. Please clear finding. - Seller-01/02/2026 Counter------Received Settlement Statement XXXX with disbursement date XXXX. Provide corresponding PCCD. Finding remains. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Please find XXXX showing disb on XXXX - Seller-12/30/2025 Open-This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation.The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. ------ Provide PCCD with disbursement date after the ROR expiration date. - Due Diligence Vendor-12/08/2025 |
Ready for Review-Document Uploaded. Escrow sent over corrected FSS showing a disbursement date of XXXX. Also, the PCCD has been uploaded. Please clear finding. - Seller-01/02/2026 Ready for Review-Document Uploaded. Please find FSS showing disb on XXXX - Seller-12/30/2025 |
Resolved-Received PCCD XXXX with correct disbursement date and final settlement statement. - Due Diligence Vendor-01/02/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 704 is higher than the required 660. Required is 660 Borrower has 704 LTV is less than guideline maximum - LTV 55% is lower than maximum 80% Required is 80 Borrower has 55 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6521169 | ||
| XXXX | 10007251 | D | A | D | A | C | A | A | A | Closed | FCRE1510 | 2025-12-08 10:36 | 2025-12-17 16:50 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage w/Legal. - Due Diligence Vendor-12/17/2025 Ready for Review-Document Uploaded. Complete mortgage with legal description provided. Please clear finding. - Seller-12/16/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. ------Missing legal description - Due Diligence Vendor-12/08/2025 |
Ready for Review-Document Uploaded. Complete mortgage with legal description provided. Please clear finding. - Seller-12/16/2025 |
Resolved-Received Mortgage w/Legal. - Due Diligence Vendor-12/17/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 704 is higher than the required 660. Required is 660 Borrower has 704 LTV is less than guideline maximum - LTV 55% is lower than maximum 80% Required is 80 Borrower has 55 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6527714 | ||
| XXXX | 10007251 | D | A | D | A | C | A | A | A | Closed | FCRE1316 | 2025-12-12 08:01 | 2025-12-17 16:50 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received VVOE. - Due Diligence Vendor-12/17/2025 Ready for Review-Document Uploaded. VOE provided, please clear finding. - Seller-12/16/2025 Open-Borrower 1 3rd Party VOE Prior to Close Missing No VOE was provided to support the start date of the current employment - Due Diligence Vendor-12/12/2025 |
Ready for Review-Document Uploaded. VOE provided, please clear finding. - Seller-12/16/2025 |
Resolved-Received VVOE. - Due Diligence Vendor-12/17/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 704 is higher than the required 660. Required is 660 Borrower has 704 LTV is less than guideline maximum - LTV 55% is lower than maximum 80% Required is 80 Borrower has 55 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6598996 | ||
| XXXX | 10007486 | B | A | B | A | A | A | A | A | Closed | FCRE1182 | 2025-12-12 07:49 | 2025-12-22 15:34 | Resolved | 1 - Information | B | A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided | Resolved-Received 1008 - Due Diligence Vendor-12/22/2025 Ready for Review-Document Uploaded. please find 1008 - Seller-12/19/2025 Open-Missing Approval/Underwriting Summary The loan approval documentation was not identified in the file. - Due Diligence Vendor-12/12/2025 |
Ready for Review-Document Uploaded. please find 1008 - Seller-12/19/2025 |
Resolved-Received 1008 - Due Diligence Vendor-12/22/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 734 Months Reserves exceed minimum required - 3 months required, 40.02 verified. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6598880 | ||
| XXXX | 10007540 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2025-12-12 09:21 | 2025-12-22 15:17 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage with legal. - Due Diligence Vendor-12/22/2025 Ready for Review-Document Uploaded. please find the dot - Seller-12/19/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal to the Mortgage - Due Diligence Vendor-12/12/2025 |
Ready for Review-Document Uploaded. please find the dot - Seller-12/19/2025 |
Resolved-Received Mortgage with legal. - Due Diligence Vendor-12/22/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 797 is higher than the required 700 Required is 700 Borrower has 797 Qualifying DTI below maximum allowed - DTI 15.09% is lower than allowable 50% Required is 50 Borrower has 15.32 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6600059 | ||
| XXXX | 10007541 | D | B | D | B | A | A | A | A | Closed | FCRE1334 | 2025-12-12 10:52 | 2026-01-05 16:30 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Executed 4506-T/4506-C is Missing | Resolved-Completed 4506 provided. - Due Diligence Vendor-01/05/2026 Ready for Review-Document Uploaded. please find 4506C - Seller-01/05/2026 Counter-4506 C form is incomplete. Missing Current Address - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. 4506 C uploaded for review. - Seller-12/31/2025 Open-Borrower 1 Executed 4506-T/4506-C is Missing 4506-C (signed or unsigned) was not identified in the file. - Due Diligence Vendor-12/12/2025 |
Ready for Review-Document Uploaded. please find 4506C - Seller-01/05/2026 Ready for Review-Document Uploaded. 4506 C uploaded for review. - Seller-12/31/2025 |
Resolved-Completed 4506 provided. - Due Diligence Vendor-01/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 788 Qualifying DTI below maximum allowed - Required is 50 Borrower has 2.4 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6602264 | ||
| XXXX | 10007541 | D | B | D | B | A | A | A | A | Closed | FCRE1505 | 2025-12-12 12:51 | 2025-12-31 15:30 | Resolved | 1 - Information | C | A | Credit | Eligibility | Tradelines do not meet Guideline Requirements | Resolved-3 tradelines reporting for over 12 months. - Due Diligence Vendor-12/31/2025 Ready for Review-tradelines met, XXXX 19m, XXXX 33mo and XXXX 34mo - Seller-12/29/2025 Open-The Tradelines for the borrower(s) do not meet the guideline requirements. Missing - Minimum Tradelines 3 trade lines reporting for ≥ 12 month; or 2 trade lines reporting for ≥ 24 months with activity in the past 12 months. Borrower must have housing history or one of the trades must have $5,000 high credit/limit - Due Diligence Vendor-12/12/2025 |
Ready for Review-tradelines met, XXXX 19m, XXXX 33mo and XXXX 34mo - Seller-12/29/2025 |
Resolved-3 tradelines reporting for over 12 months. - Due Diligence Vendor-12/31/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 788 Qualifying DTI below maximum allowed - Required is 50 Borrower has 2.4 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6605057 | |||
| XXXX | 10007541 | D | B | D | B | A | A | A | A | Closed | FCRE0068 | 2025-12-12 10:20 | 2025-12-22 15:29 | Waived | 2 - Non-Material | C | B | Credit | Closing | Remaining Equity is less than $40,000 which does not meet guideline requirement | Waived-Originator provided a waiver for remaining equity, applied to non material finding with comp factors - Due Diligence Vendor-12/22/2025 Ready for Review-Document Uploaded. credit exception, please clear, mgmt does not approve exception is mgmt approval. - Seller-12/19/2025 Open-Remaining equity is less than XXXX which does not meet guideline requirement. The remaining equity is XXXX. Exception was not identified in the file. - Due Diligence Vendor-12/12/2025 |
Ready for Review-Document Uploaded. credit exception, please clear, mgmt does not approve exception is mgmt approval. - Seller-12/19/2025 |
Waived-Originator provided a waiver for remaining equity, applied to non material finding with comp factors - Due Diligence Vendor-12/22/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 788 Qualifying DTI below maximum allowed - Required is 50 Borrower has 2.4 |
Fico: 788 Reserves: 11 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Originator Post-Close | No | 6601473 | |
| XXXX | 10007424 | C | B | C | B | A | A | A | A | Closed | FCRE1510 | 2025-12-12 10:50 | 2025-12-29 18:07 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Deed of Trust provided with legal description. - Due Diligence Vendor-12/29/2025 Counter-Mortgage with legal from the Title Commitment provided. Please provide the legal being sent with the Mortgage for recording. - Due Diligence Vendor-12/22/2025 Ready for Review-Document Uploaded. please find the final DEED - Seller-12/19/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal to the Mortgage - Due Diligence Vendor-12/12/2025 |
Ready for Review-Document Uploaded. please find the final DEED - Seller-12/19/2025 |
Resolved-Deed of Trust provided with legal description. - Due Diligence Vendor-12/29/2025 |
Months Reserves exceed minimum required - 25.37 months reserves exceed required 3 months. Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 758 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6602217 | ||
| XXXX | 10007424 | C | B | C | B | A | A | A | A | Closed | FCRE0969 | 2025-12-12 12:12 | 2025-12-17 10:21 | Waived | 2 - Non-Material | B | B | Credit | Closing | Prepayment Penalty Issue | Waived- Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-12/17/2025 Open-Per XXXX a prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XXXX Law a prepayment penalty is not permitted to be charged to an LLC. Loan closed in LLC. - Due Diligence Vendor-12/17/2025 |
Waived- Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-12/17/2025 |
Months Reserves exceed minimum required - 25.37 months reserves exceed required 3 months. Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 758 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | 6604207 | ||||
| XXXX | 10007450 | C | B | C | B | A | A | A | A | Closed | FCRE1510 | 2025-12-12 12:17 | 2025-12-29 18:08 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Deed of Trust provided with legal description. - Due Diligence Vendor-12/29/2025 Counter-Mortgage w/legal from the Title Commitment provided. Please provide the Legal being sent for recording with the Mortgage. - Due Diligence Vendor-12/22/2025 Ready for Review-Document Uploaded. dot with legal - Seller-12/19/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal to the mortgage - Due Diligence Vendor-12/12/2025 |
Ready for Review-Document Uploaded. dot with legal - Seller-12/19/2025 |
Resolved-Deed of Trust provided with legal description. - Due Diligence Vendor-12/29/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 793 Months Reserves exceed minimum required - 17.11 months reserves exceed required 3 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6604299 | ||
| XXXX | 10007450 | C | B | C | B | A | A | A | A | Closed | FCRE0969 | 2025-12-17 10:45 | 2025-12-17 10:47 | Waived | 2 - Non-Material | B | B | Credit | Closing | Prepayment Penalty Issue | Waived-Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-12/17/2025 Open-Per XXXX a prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XXXX Law a prepayment penalty is not permitted to be charged to an LLC. Loan closed in LLC. - Due Diligence Vendor-12/17/2025 |
Waived-Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-12/17/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 793 Months Reserves exceed minimum required - 17.11 months reserves exceed required 3 months |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | 6661915 | ||||
| XXXX | XXXX | 9895774 | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2025-12-16 17:38 | 2025-12-23 12:07 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Per Articles of Org the Borrower is only member listed - Due Diligence Vendor-12/23/2025 Ready for Review-Document Uploaded. Articles of Organization - Buyer-12/22/2025 Counter-Third party documentation provided, however it does not confirm the % of ownership. - Due Diligence Vendor-12/18/2025 Ready for Review-Document Uploaded. Third party verification - Buyer-12/17/2025 Open-Borrower 1 CPA Letter Missing Missing from loan file - Due Diligence Vendor-12/16/2025 |
Resolved-Per Articles of Org the Borrower is only member listed - Due Diligence Vendor-12/23/2025 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.11 LTV is less than guideline maximum - Required is 80 Borrower has 61.18 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6651755 | ||
| XXXX | XXXX | 9895774 | D | A | D | A | A | A | A | A | Closed | FCRE0970 | 2025-12-16 17:34 | 2025-12-18 14:30 | Resolved | 1 - Information | C | A | Credit | Eligibility | Appraisal has issues (credit) | Resolved-Received Appraisal with photos. - Due Diligence Vendor-12/18/2025 Ready for Review-Document Uploaded. Appraisal with Pictures - Buyer-12/17/2025 Open-Provide original pictures - Due Diligence Vendor-12/16/2025 |
Resolved-Received Appraisal with photos. - Due Diligence Vendor-12/18/2025 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.11 LTV is less than guideline maximum - Required is 80 Borrower has 61.18 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6651718 | ||
| XXXX | XXXX | 9895774 | D | A | D | A | A | A | A | A | Closed | FCRE1316 | 2025-12-16 14:06 | 2025-12-17 09:05 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-After further review, the borrower is self employed and a VOE is not required. - Due Diligence Vendor-12/17/2025 Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing VVOE dated within 10 days of closing. - Due Diligence Vendor-12/16/2025 |
Resolved-After further review, the borrower is self employed and a VOE is not required. - Due Diligence Vendor-12/17/2025 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.11 LTV is less than guideline maximum - Required is 80 Borrower has 61.18 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6648188 | |||
| XXXX | 10101105 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | XXXX | 9976782 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10005719 | D | A | D | A | A | A | A | A | Closed | FCRE0043 | 2025-12-19 20:24 | 2025-12-31 14:45 | Resolved | 1 - Information | D | A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-12/24/2025 Ready for Review-Document Uploaded. Please see attached DSCR calc - Buyer-12/23/2025 Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-12/20/2025 |
Resolved-Received DSCR Calculation - Due Diligence Vendor-12/24/2025 |
Months Reserves exceed minimum required - Reserves: 18 Min 3 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 796 LTV is less than guideline maximum - Required is 80 Borrower has 75 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6721311 | ||
| XXXX | XXXX | 10005719 | D | A | D | A | A | A | A | A | Closed | FCRE0116 | 2025-12-19 20:24 | 2025-12-31 14:45 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Warrantability Documentation | Resolved-Received Warrantability LOE. - Due Diligence Vendor-12/30/2025 Ready for Review-Document Uploaded. Please see attached Lender Attestation - thank you - Seller-12/29/2025 Counter-Budget received, please provide the UW attestation regarding warrantability - Due Diligence Vendor-12/24/2025 Ready for Review-Document Uploaded. Supporting Document - Buyer-12/23/2025 Open-Missing Warrantability Documentation. Missing documentation to support condo project warrantability - Due Diligence Vendor-12/20/2025 |
Ready for Review-Document Uploaded. Please see attached Lender Attestation - thank you - Seller-12/29/2025 |
Resolved-Received Warrantability LOE. - Due Diligence Vendor-12/30/2025 |
Months Reserves exceed minimum required - Reserves: 18 Min 3 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 796 LTV is less than guideline maximum - Required is 80 Borrower has 75 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6721312 | |
| XXXX | XXXX | 10005719 | D | A | D | A | A | A | A | A | Closed | FPRO1255 | 2025-12-19 19:57 | 2025-12-31 14:45 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Resolved-Received HOA Questionnaire - Due Diligence Vendor-12/24/2025 Ready for Review-Document Uploaded. Please see attached Full Review Questionaire, XXXX CPM Lender Certified w/ 2025 Budget - Seller-12/23/2025 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. - Due Diligence Vendor-12/20/2025 |
Ready for Review-Document Uploaded. Please see attached Full Review Questionaire, XXXX CPM Lender Certified w/ XXXX Budget - Seller-12/23/2025 |
Resolved-Received HOA Questionnaire - Due Diligence Vendor-12/24/2025 |
Months Reserves exceed minimum required - Reserves: 18 Min 3 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 796 LTV is less than guideline maximum - Required is 80 Borrower has 75 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6721079 | |
| XXXX | XXXX | 10026820 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 9895769 | D | A | D | A | A | A | A | A | Closed | FCRE1198 | 2025-12-23 10:04 | 2026-02-27 11:07 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received missing assets and updated assets. Audited Reserves of 5.93 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-01/06/2026 Counter-Received income worksheet. Finding remains. - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. Supporting Documents - Buyer-12/29/2025 Counter-Received business bank statement worksheets. Finding remains. - Due Diligence Vendor-12/29/2025 Ready for Review-Document Uploaded. income WS - Buyer-12/24/2025 Open-Audited Reserves of 2.87 month(s) are less than Guideline Required Reserves of 3 month(s) Provide additional assets or documentation of ownership for various accounts. (LLC documents provide are ineligible) Bank statements for XXXX, XXXX and XXXX showing ownership of accounts not provided. XXXX Acct XXXX not provided. - Due Diligence Vendor-12/23/2025 |
Resolved-Received missing assets and updated assets. Audited Reserves of 5.93 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-01/08/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 782 Required is 680 Borrower has 782 Long term residence - Credit History = 128 Months Minimum Credit History = 24 Months |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6759332 | ||
| XXXX | XXXX | 9895769 | D | A | D | A | A | A | A | A | Closed | FCRE1193 | 2025-12-23 10:04 | 2026-02-27 11:07 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Updated 1003 and 1008 were provided with Department of State search. - Due Diligence Vendor-02/12/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/09/2026 Counter-Additional Income provided, Please provide a revised 1003 and 1008 disclosing the additional income and An internet search of the business is required with documentation to be included in the credit file to support the Business Narrative. Underwriter certification (or notation on the 1008) if there are not returns when attempting an internet search - Due Diligence Vendor-02/09/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/06/2026 Counter-Client Comment - It looks like their calculation is incorrect for XXXX used a 15% expense ratio, not 50%. Per the Business Narrative in the file, it's a service business and has 0 employees which meets the requirement to use 15%.-AUDIT response - XXXX is XXXX. Guidelines require a 50% expense factor. - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-01/27/2026 Counter-Received proof of XXXX deposit. Including the deposit, income is still excessive. Finding remains. - Due Diligence Vendor-01/23/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/22/2026 Counter-Per client, XXXX will remain excluded. Pending receipt of XXXX deposit documentation. - Due Diligence Vendor-01/16/2026 Ready for Review-theXXXX deposit from XXXX wasn't used in the income calculation. Are you able to waive that portion of the condition? Working to obtain additional documentation for the XXXX deposit. - Buyer-01/15/2026 Counter-Received worksheets. Income is not reconciled on worksheets provided. Audit income differs. 1. XXXX audit omitted XXXX deposit on XXXX. Document acceptable income source as exceeds large deposit. 2. XXXX audit excluded large deposit of XXXX on XXXX. Document acceptable income source as exceeds large deposit. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. LOX - Buyer-01/08/2026 Counter-Work sheet for XXXX provided. 1. XXXX audit omitted XXXX deposit on XXXX. Document acceptable income source as exceeds large deposit. 2. XXXX audit excluded large deposit of XXXX on XXXX. Document acceptable income source as exceeds large deposit. 3. XXXX does not omit transfers. Audit inomce XXXX - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. income analysis - Buyer-01/06/2026 Counter-Audited DTI of XXXX exceeds Guideline DTI of 45% 1. XXXX audit omitted XXXX deposit on XXXX. Document acceptable income source as exceeds large deposit. 2. XXXX audit excluded large deposit of XXXX on XXXX. Document acceptable income source as exceeds large deposit. 3. XXXX does not omit transfers. Audit inomce XXXX - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. Supporting Documents - Buyer-12/29/2025 Counter-Received lenders bank statement analysis. Audit income differs. 1. XXXX audit omitted XXXX deposit on XXXX. Document acceptable income source as exceeds large deposit. 2. XXXX audit excluded large deposit of $45k on XXXX. Document acceptable income source as exceeds large deposit. - Due Diligence Vendor-12/29/2025 Ready for Review-Document Uploaded. income WS - Buyer-12/24/2025 Open-Audited DTI of XXXX exceeds Guideline DTI of XXXX Verified income for XXXX and XXXX was lower than lender income. Lenders bank statement income calculation worksheets were not provided to verify. - Due Diligence Vendor-12/23/2025 |
Resolved-Updated 1003 and 1008 were provided with Department of State search. - Due Diligence Vendor-02/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 782 Required is 680 Borrower has 782 Long term residence - Credit History = 128 Months Minimum Credit History = 24 Months |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6759333 | ||
| XXXX | XXXX | 9895769 | D | A | D | A | A | A | A | A | Closed | FCRE1506 | 2025-12-23 09:56 | 2026-02-27 11:06 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-02/12/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/09/2026 Counter-Pending receipt of missing credit documents. - Due Diligence Vendor-02/09/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/06/2026 Counter-Pending resolution of the DTI - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-01/27/2026 Counter-Pending resolution of the DTI - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-01/06/2026 Counter-Pending DTI as exceeds guidelines. - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. Supporting Documents - Buyer-12/29/2025 Counter-Pending DTI resolution. - Due Diligence Vendor-12/29/2025 Ready for Review-Document Uploaded. 1. 4 gift letters totaling XXXX 2.income WS - Buyer-12/24/2025 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Qualifying income less than verified with bank statement provided. Multiple bank statements accounts not provided for closing funds. Gift funds could not be verified. - Due Diligence Vendor-12/23/2025 |
Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-02/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 782 Required is 680 Borrower has 782 Long term residence - Credit History = 128 Months Minimum Credit History = 24 Months |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6759203 | ||
| XXXX | XXXX | 9895769 | D | A | D | A | A | A | A | A | Closed | FCRE1507 | 2025-12-23 11:39 | 2026-02-27 11:06 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Discrepancy between Originator QM Status and Final QM Status | Resolved-The Originator QM Status and Final QM Status are the same. - Due Diligence Vendor-02/12/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/09/2026 Counter-Pending receipt of missing credit documents. - Due Diligence Vendor-02/09/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/06/2026 Counter-Pending resolution of the DTI - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-01/27/2026 Counter-Pending resolution of the DTI - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-01/06/2026 Counter-Pending DTI as exceeds guidelines. - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. Supporting Documents - Buyer-12/29/2025 Counter-Pending dit resolution. - Due Diligence Vendor-12/29/2025 Ready for Review-Document Uploaded. 1. 4 gift letters totaling XXXX 2. income WS - Buyer-12/24/2025 Open-The Originator QM Status is not the same as the Final QM Status. Qualifying income less than verified with bank statement provided. Multiple bank statements accounts not provided for closing funds. Gift funds could not be verified. - Due Diligence Vendor-12/23/2025 |
Resolved-The Originator QM Status and Final QM Status are the same. - Due Diligence Vendor-02/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 782 Required is 680 Borrower has 782 Long term residence - Credit History = 128 Months Minimum Credit History = 24 Months |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6762279 | ||
| XXXX | XXXX | 9895769 | D | A | D | A | A | A | A | A | Closed | FCRE1206 | 2026-02-17 08:34 | 2026-02-27 09:46 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Resolved appraisal provided to support the original appraisal. - Due Diligence Vendor-02/27/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/23/2026 Open- All Interested Parties Not Checked with Exclusionary Lists (XXXX), is on the exclusionary list for XXXX. Additional findings may apply - Due Diligence Vendor-02/17/2026 |
Resolved-Resolved appraisal provided to support the original appraisal. - Due Diligence Vendor-02/27/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 782 Required is 680 Borrower has 782 Long term residence - Credit History = 128 Months Minimum Credit History = 24 Months |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7650279 | ||
| XXXX | XXXX | 9895769 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2025-12-23 09:21 | 2026-02-09 12:56 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received acceptable VOR. - Due Diligence Vendor-12/30/2025 Ready for Review-Document Uploaded. VOR - Buyer-12/29/2025 Open-Housing History Does Not Meet Guideline Requirements Verification of rent not provided - Due Diligence Vendor-12/23/2025 |
Resolved-Received acceptable VOR. - Due Diligence Vendor-12/30/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 782 Required is 680 Borrower has 782 Long term residence - Credit History = 128 Months Minimum Credit History = 24 Months |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6758580 | ||
| XXXX | XXXX | 9895769 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2025-12-23 09:21 | 2026-02-09 12:56 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received UDM. - Due Diligence Vendor-12/29/2025 Ready for Review-Document Uploaded. UDN B1 and B2 - Buyer-12/24/2025 Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-12/23/2025 |
Resolved-Received UDM. - Due Diligence Vendor-12/29/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 782 Required is 680 Borrower has 782 Long term residence - Credit History = 128 Months Minimum Credit History = 24 Months |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6758581 | ||
| XXXX | XXXX | 9895769 | D | A | D | A | A | A | A | A | Closed | FCRE5783 | 2025-12-23 09:21 | 2026-02-09 12:56 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Gap Credit Report is Missing | Resolved-Received UDM. - Due Diligence Vendor-12/29/2025 Ready for Review-Document Uploaded. UDN B1 and B2 - Buyer-12/24/2025 Open-Borrower 2 Gap Credit Report is Missing - Due Diligence Vendor-12/23/2025 |
Resolved-Received UDM. - Due Diligence Vendor-12/29/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 782 Required is 680 Borrower has 782 Long term residence - Credit History = 128 Months Minimum Credit History = 24 Months |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6758582 | ||
| XXXX | XXXX | 9895769 | D | A | D | A | A | A | A | A | Closed | FCRE7806 | 2025-12-23 09:11 | 2026-02-09 12:53 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received bank statement analysis. - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. Supporting Document - Buyer-12/29/2025 Counter-Received lenders bank statement analysis. Multiple income sources and worksheets do not reflect business or bank account name. - Due Diligence Vendor-12/29/2025 Ready for Review-Document Uploaded. income WS - Buyer-12/24/2025 Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Bank Statement Summary/Lender Worksheet not provided for any of the S/E incomes. - Due Diligence Vendor-12/23/2025 |
Resolved-Received bank statement analysis. - Due Diligence Vendor-12/31/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 782 Required is 680 Borrower has 782 Long term residence - Credit History = 128 Months Minimum Credit History = 24 Months |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6758379 | ||
| XXXX | XXXX | 9895769 | D | A | D | A | A | A | A | A | Closed | FCRE6844 | 2025-12-23 10:06 | 2026-01-08 14:04 | Resolved | 1 - Information | C | A | Credit | Assets | Gift Funds General | Resolved-Gift funds reconciled. - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-01/06/2026 Counter-Received memo. Review is not able to confirm receipt of total gift. Provide copy of donors gifts. - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. Supporting Document - Buyer-12/29/2025 Counter-Received gift letters. Missing proof of receipt of gift funds. - Due Diligence Vendor-12/29/2025 Ready for Review-Document Uploaded. 4 gift letters totaling XXXX - Buyer-12/24/2025 Open-Verification of gift funds being received totaling XXXX not provided. - Due Diligence Vendor-12/23/2025 |
Resolved-Gift funds reconciled. - Due Diligence Vendor-01/08/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 782 Required is 680 Borrower has 782 Long term residence - Credit History = 128 Months Minimum Credit History = 24 Months |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6759376 | ||
| XXXX | XXXX | 9976785 | D | B | D | B | A | A | A | A | Closed | FCRE0969 | 2025-12-22 17:19 | 2026-01-09 13:44 | Resolved | 1 - Information | B | A | Credit | Closing | Prepayment Penalty Issue | Resolved-Received corrected deed of trust with all riders. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/08/2026 Open-Missing page 2 of the PPP rider - Due Diligence Vendor-12/22/2025 |
Resolved-Received corrected deed of trust with all riders. - Due Diligence Vendor-01/09/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 763 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6746669 | ||
| XXXX | XXXX | 9976785 | D | B | D | B | A | A | A | A | Closed | FCRE1291 | 2025-12-22 16:49 | 2026-01-09 13:44 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Borrower 1 DOT Signature does not Match Note | Resolved-Received corrected Deed of Trust reflect business entity signature. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/08/2026 Open-Mortgage page 1 shows in business name XXXX but it's not reflected on signature page being signed as business entity with borrower as owner. - Due Diligence Vendor-12/22/2025 |
Resolved-Received corrected Deed of Trust reflect business entity signature. - Due Diligence Vendor-01/09/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 763 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6746388 | ||
| XXXX | XXXX | 9976785 | D | B | D | B | A | A | A | A | Closed | FCRE1254 | 2025-12-22 15:20 | 2026-01-06 14:16 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-New lease to be executed by the borrower after closing. Propane tank is in active use for the fireplace. Confirmation from the title company confirming the propane tank in maintained by a 3rd party. - Due Diligence Vendor-01/06/2026 Open-Property Title Issue Title Commitment #15 - Subject to lease/contract pertaining to buried propane tank located on subject. Need to verify if this is a health or safety issue. Need to verify if this is filled. Need details pertaining to this tank. - Due Diligence Vendor-12/22/2025 |
Resolved-New lease to be executed by the borrower after closing. Propane tank is in active use for the fireplace. Confirmation from the title company confirming the propane tank in maintained by a 3rd party. - Due Diligence Vendor-01/06/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 763 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6745086 | ||
| XXXX | XXXX | 9976785 | D | B | D | B | A | A | A | A | Closed | FCRE0177 | 2025-12-22 15:08 | 2025-12-24 16:24 | Waived | 2 - Non-Material | D | B | Credit | Eligibility | Missing Third Party Market Rent Source | Waived-Received exception approval. Investor waiver applied to non-material findings with comp factors - Due Diligence Vendor-12/24/2025 Ready for Review-Document Uploaded. Exception and Approval to use Market rents without 12 month lookback for STR - Buyer-12/23/2025 Ready for Review-Document Uploaded. Exception and Approval to use Market rents without 12 month lookback for STR - Seller-12/23/2025 Open-Missing Third Party Market Rent Source Need to confirm if tenant in subject has been a long term tenant (as explanation in file indicates property will turn into a short term rental If it's been a short term rental - the following is required: Need Online service such as XXXX or XXXX to determine gross month by using a 12 month look back period. Either 12 monthly statements of an annual statement provided by the online service is required to document rental income. If it has been tenant occupied - provide documentation to support 12 month lease or month to month lease and information above can be waived. - Due Diligence Vendor-12/22/2025 |
Ready for Review-Document Uploaded. Exception and Approval to use Market rents without 12 month lookback for STR - Seller-12/23/2025 |
Waived-Received exception approval. Investor waiver applied to non-material findings with comp factors - Due Diligence Vendor-12/24/2025 |
LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 763 |
Min FICO 700, borrower FICO 802 Reserves 155 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Investor Post-Close | No | 6744797 |
| XXXX | XXXX | 9976785 | D | B | D | B | A | A | A | A | Closed | FCRE1156 | 2025-12-22 17:10 | 2025-12-23 14:00 | Resolved | 1 - Information | C | A | Credit | Insurance | Named Insured on Hazard Insurance does not match Borrower(s) Name(s) | Resolved-Loan is vested in an LLC - Due Diligence Vendor-12/23/2025 Open-Named Insured does not match Borrower(s) Name(s) Subject loan closed as individual and HOI policy in business name. Provided policy reflecting borrower's name. - Due Diligence Vendor-12/22/2025 |
Resolved-Loan is vested in an LLC - Due Diligence Vendor-12/23/2025 |
LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 763 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6746591 | |||
| XXXX | XXXX | 10005712 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 10026607 | D | A | D | A | A | A | A | A | Closed | FCRE1241 | 2025-12-30 07:14 | 2026-01-07 14:55 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Received Cooperative Compensation Agreement. - Due Diligence Vendor-01/07/2026 Ready for Review-Document Uploaded. please see attached - Seller-01/06/2026 Counter-No document provided. Please see 16 of purchase contract indicating additional "riders attached". - Due Diligence Vendor-01/05/2026 Ready for Review-please provide clarification regarding the rider, only mortgage deed have those - Seller-01/02/2026 Counter-Received purchase contract. Missing Rider -seller to buyer cooperative comp agreement as noted as contingent. - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. attached - Seller-12/30/2025 Open-Loan Purpose is Purchase but Purchase Contract is Missing. Missing sales contract. - Due Diligence Vendor-12/30/2025 |
Ready for Review-Document Uploaded. please see attached - Seller-01/06/2026 Ready for Review-please provide clarification regarding the rider, only mortgage deed have those - Seller-01/02/2026 Ready for Review-Document Uploaded. attached - Seller-12/30/2025 |
Resolved-Received Cooperative Compensation Agreement. - Due Diligence Vendor-01/07/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 726 Qualifying DTI below maximum allowed - Required is 50 Borrower has 6.99 LTV is less than guideline maximum - Required is 90 Borrower has 85 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6848789 | ||
| XXXX | 10026609 | D | B | D | A | B | B | A | A | Closed | FCRE1506 | 2025-12-29 14:41 | 2026-04-27 09:10 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received Access letter and SOS for Business. - Due Diligence Vendor-01/14/2026 Ready for Review-Document Uploaded. Attached are the access letter signed by the other two members and the State of XXXX Information of Corporation. - Seller-01/13/2026 Counter-Pending receipt of business assets used for qualification. - Due Diligence Vendor-01/08/2026 Ready for Review-We do not need to source the large deposit on XXXX which appear on the XXXX statement. *This statement should have been deleted. There is a XXXX statement in the file. *Our guidelines only require 30 days asset verification AND we don’t require to source the large deposit on a business bank statement not used for income - Seller-01/07/2026 Counter-Rent Free Letter provided, pending receipt of large deposits. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Please see updated Rent Free Letter. - Seller-12/31/2025 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing rent free letter; SOF for lrg deposits - Due Diligence Vendor-12/29/2025 |
Ready for Review-Document Uploaded. Attached are the access letter signed by the other two members and the State of XXXX Information of Corporation. - Seller-01/13/2026 Ready for Review-We do not need to source the large deposit on XXXX which appear on the XXXX statement. *This statement should have been deleted. There is a XXXX statement in the file. *Our guidelines only require 30 days asset verification AND we don’t require to source the large deposit on a business bank statement not used for income - Seller-01/07/2026 Ready for Review-Document Uploaded. Please see updated Rent Free Letter. - Seller-12/31/2025 |
Resolved-Received Access letter and SOS for Business. - Due Diligence Vendor-01/14/2026 |
Months Reserves exceed minimum required - 9.81 mos reserves; 6 mos required Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6838930 | ||
| XXXX | 10026609 | D | B | D | A | B | B | A | A | Closed | FCRE1507 | 2025-12-29 14:41 | 2026-04-27 09:10 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Discrepancy between Originator QM Status and Final QM Status | Resolved-Received Access letter and SOS for Business. - Due Diligence Vendor-01/14/2026 Ready for Review-Attached are the access letter signed by the other two members and the State of XXXX Information of Corporation. - Seller-01/13/2026 Counter-Pending receipt of business assets used for qualification. - Due Diligence Vendor-01/08/2026 Ready for Review-We do not need to source the large deposit on XXXX which appear on the XXXX statement. *This statement should have been deleted. There is a XXXX statement in the file. *Our guidelines only require 30 days asset verification AND we don’t require to source the large deposit on a business bank statement not used for income - Seller-01/07/2026 Counter-Rent Free Letter provided, pending receipt of large deposits. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Please see updated Rent Free Letter. - Seller-12/31/2025 Open-The Originator QM Status is not the same as the Final QM Status. Missing rent free letter; SOF for lrg deposits - Due Diligence Vendor-12/29/2025 |
Ready for Review-Attached are the access letter signed by the other two members and the State of XXXX Information of Corporation. - Seller-01/13/2026 Ready for Review-We do not need to source the large deposit on XXXX which appear on the XXXX statement. *This statement should have been deleted. There is a XXXX statement in the file. *Our guidelines only require 30 days asset verification AND we don’t require to source the large deposit on a business bank statement not used for income - Seller-01/07/2026 Ready for Review-Document Uploaded. Please see updated Rent Free Letter. - Seller-12/31/2025 |
Resolved-Received Access letter and SOS for Business. - Due Diligence Vendor-01/14/2026 |
Months Reserves exceed minimum required - 9.81 mos reserves; 6 mos required Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6838931 | ||
| XXXX | 10026609 | D | B | D | A | B | B | A | A | Closed | FCRE1482 | 2025-12-29 13:02 | 2026-02-20 16:27 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 4 Does Not Meet Guideline Requirements | Resolved-Received Access letter and SOS for Business. - Due Diligence Vendor-02/20/2026 Ready for Review-Received Access letter and SOS for Business. - Due Diligence Vendor-01/14/2026 Ready for Review-Document Uploaded. Attached are the access letter signed by the other two members and the State of XXXX Information of Corporation. - Seller-01/13/2026 Counter-Pending outcome of originators research. - Due Diligence Vendor-01/08/2026 Ready for Review-Assets used to close and reserves: Business bank account – XXXX. *Borrower is only XXXX owner, verified by the CPA Letter. a) XXXX accepted an Access Letter from an unknown individual stating that Borrower has 100% access to funds. I could not find anything in the file relating to XXXX or if she also is an owner of the business. b) 100% of the business funds were used. but still working on providing this :) - Seller-01/07/2026 Open-Asset 4 Does Not Meet Guideline Requirements The account with XXXX is in the name of XXXX. The borrower owns 33.33% ofXXXX. The file contains a letter from XXXX indicating that the borrower has 100% access to the funds held in the XXXX business account. Missing documentation to verify that XXXX owns XXXX of XXXX to support the use of the 100% of the funds in XXXX. - Due Diligence Vendor-12/29/2025 |
Ready for Review-Document Uploaded. Attached are the access letter signed by the other two members and the State of XXXX Information of Corporation. - Seller-01/13/2026 Ready for Review-Assets used to close and reserves: Business bank account – XXXX. *Borrower is only 33.33% owner, verified by the CPA Letter. a) XXXX accepted an Access Letter from an unknown individual stating that Borrower has 100% access to funds. I could not find anything in the file relating to XXXX or if she also is an owner of the business. b) 100% of the business funds were used. but still working on providing this :) - Seller-01/07/2026 |
Resolved-Received Access letter and SOS for Business. - Due Diligence Vendor-02/20/2026 |
Months Reserves exceed minimum required - 9.81 mos reserves; 6 mos required Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6836988 | ||
| XXXX | 10026609 | D | B | D | A | B | B | A | A | Closed | FCRE4104 | 2025-12-29 12:42 | 2026-01-08 12:56 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing explanation and supporting documentation for large deposit(s) | Resolved-Upon further review, guidelines to no require sourcing for large deposits into a business account not used for income. - Due Diligence Vendor-01/08/2026 Ready for Review-We do not need to source the large deposit on XXXX which appear on the XXXX statement. *This statement should have been deleted. There is a XXXX statement in the file. *Our guidelines only require 30 days asset verification AND we don’t require to source the large deposit on a business bank statement not used for income - Seller-01/07/2026 Open-Provide the source of the XXXX large deposit to XXXX on XXXX. Additional conditions may apply. - Due Diligence Vendor-12/29/2025 |
Ready for Review-We do not need to source the large deposit on XXXX which appear on the XXXX statement. *This statement should have been deleted. There is a XXXX statement in the file. *Our guidelines only require 30 days asset verification AND we don’t require to source the large deposit on a business bank statement not used for income - Seller-01/07/2026 |
Resolved-Upon further review, guidelines to no require sourcing for large deposits into a business account not used for income. - Due Diligence Vendor-01/08/2026 |
Months Reserves exceed minimum required - 9.81 mos reserves; 6 mos required Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6836633 | |||
| XXXX | 10026609 | D | B | D | A | B | B | A | A | Closed | FCRE1440 | 2025-12-29 12:15 | 2026-01-02 11:32 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received Rent Free Letter. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Please see updated Rent Free Letter. - Seller-12/31/2025 Open-Housing History Does Not Meet Guideline Requirements Rent free letter is from borrower. Needs to come from homeowner - Due Diligence Vendor-12/29/2025 |
Ready for Review-Document Uploaded. Please see updated Rent Free Letter. - Seller-12/31/2025 |
Resolved-Received Rent Free Letter. - Due Diligence Vendor-01/02/2026 |
Months Reserves exceed minimum required - 9.81 mos reserves; 6 mos required Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6836041 | ||
| XXXX | 10026609 | D | B | D | A | B | B | A | A | Closed | FCRE6844 | 2025-12-29 12:51 | 2025-12-31 12:28 | Resolved | 1 - Information | C | A | Credit | Assets | Gift Funds General | Resolved-Received EMD gift documentation. - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. Provided a copy of the donor’s check to the closing agent for the XXXX EMD. - Seller-12/30/2025 Open-Provide a copy of the donor’s check to the closing agent for the XXXX EMD. The gift letter reflects that the XXXX gift for the EMD was wired directly to the closing agent on XXXX. - Due Diligence Vendor-12/29/2025 |
Ready for Review-Document Uploaded. Provided a copy of the donor’s check to the closing agent for the XXXX EMD. - Seller-12/30/2025 |
Resolved-Received EMD gift documentation. - Due Diligence Vendor-12/31/2025 |
Months Reserves exceed minimum required - 9.81 mos reserves; 6 mos required Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6836793 | ||
| XXXX | 10026609 | D | B | D | A | B | B | A | A | Closed | FCOM1302 | 2025-12-21 13:50 | 2025-12-22 07:37 | Waived | 2 - Non-Material | B | B | Compliance | Disclosure | Home Loan Toolkit Not Provided Within 3 Days of Application Date | Waived-The Home Loan Toolkit was not provided within 3 days of the Application Date (Number of Days Difference is '6'). -----Originator waiver applied to non-material findings. - Due Diligence Vendor-12/22/2025 | Waived-The Home Loan Toolkit was not provided within 3 days of the Application Date (Number of Days Difference is '6'). -----Originator waiver applied to non-material findings. - Due Diligence Vendor-12/22/2025 |
Months Reserves exceed minimum required - 9.81 mos reserves; 6 mos required Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | Originator Post-Close | No | 6724771 | ||||
| XXXX | XXXX | 9855598 | D | A | D | A | A | A | A | A | Closed | FCRE3091 | 2025-12-24 04:47 | 2026-01-20 12:59 | Resolved | 1 - Information | C | A | Credit | Insurance | Master Policy Expiration Date is Prior To the Note Date | Resolved-Received Master policy with exp date of XXXX - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Master policy - Buyer-12/31/2025 Open-Master Policy Expiration Date of XXXX is Prior To the Transaction Date of XXXX Need updated HOA Master Policy insurance as policy dates are inconsistent on document - coverage start date and expiration dates should all be the same. Borrower's names, address with unit number and loan number must be on HOA Master Insurance. - Due Diligence Vendor-12/24/2025 |
Resolved-Received Master policy with exp date of XXXX - Due Diligence Vendor-01/02/2026 |
Qualifying DTI below maximum allowed - Required is 50. Borrower has 24.02. Required is 50 Borrower has 24.02 LTV is less than guideline maximum - Required is 80. Borrower has 55.45. Required is 80 Borrower has 55.45 Qualifying FICO score is at least 20 points above minimum for program - Required is 680. Borrower has 782. Required is 680 Borrower has 782 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6784008 | ||
| XXXX | XXXX | 9855598 | D | A | D | A | A | A | A | A | Closed | FCRE1162 | 2025-12-24 04:52 | 2026-01-20 12:59 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Flood Certificate Partially Provided | Resolved-Flood Certificate is fully present - Due Diligence Vendor-01/20/2026 Ready for Review-Document Uploaded. Flood info - Seller-01/16/2026 Open-Flood Certificate is Partially Provided Condo Association to provide copy of Flood Insurance Policy showing building coverage must equal lesser of 100% of the insurable value (replacement cost) of the building, including amounts to repair or replace the foundation and its supporting structure or The total number of units in the condo building times XXXX. - Due Diligence Vendor-12/24/2025 |
Ready for Review-Document Uploaded. Flood info - Seller-01/16/2026 |
Resolved-Flood Certificate is fully present - Due Diligence Vendor-01/20/2026 |
Qualifying DTI below maximum allowed - Required is 50. Borrower has 24.02. Required is 50 Borrower has 24.02 LTV is less than guideline maximum - Required is 80. Borrower has 55.45. Required is 80 Borrower has 55.45 Qualifying FICO score is at least 20 points above minimum for program - Required is 680. Borrower has 782. Required is 680 Borrower has 782 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6784043 | |
| XXXX | XXXX | 9855598 | D | A | D | A | A | A | A | A | Closed | FCRE1297 | 2025-12-24 06:41 | 2026-01-07 15:41 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 6 Months Income Verified is Missing | Resolved-Received letter from title that indicate no mortgage, credit report reflects the mortgage closed in XXXX. - Due Diligence Vendor-01/07/2026 Counter-Received letter from title that indicate no mortgage with Warranty deed from XXXX, but XXXX returns reflect mortgage interest. Confirm source of mortgage interest on XXXX is paid off. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. XXXX - Buyer-12/31/2025 Open-Income 6 Months Income Verified is Missing Verify if XXXX condo is owned free & clear - as mtg interest is showing on XXXX returns Sch E and HOI shows mortgagee. If there is a payment - provide most recent mtg statement to verify PITI payment due XXXX. (Re-calculation of rental income for this property would be needed). - Due Diligence Vendor-12/24/2025 |
Resolved-Received letter from title that indicate no mortgage, credit report reflects the mortgage closed in 7/2025. - Due Diligence Vendor-01/07/2026 |
Qualifying DTI below maximum allowed - Required is 50. Borrower has 24.02. Required is 50 Borrower has 24.02 LTV is less than guideline maximum - Required is 80. Borrower has 55.45. Required is 80 Borrower has 55.45 Qualifying FICO score is at least 20 points above minimum for program - Required is 680. Borrower has 782. Required is 680 Borrower has 782 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6784841 | ||
| XXXX | XXXX | 9855598 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2025-12-24 06:56 | 2026-01-07 15:40 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received letter from title that indicate no mortgage, credit report reflects the mortgage closed in XXXX. - Due Diligence Vendor-01/07/2026 Counter-Received letter from title that indicate no mortgage with Warranty deed from XXXX, but XXXX returns reflect mortgage interest. Confirm source of mortgage interest on XXXX is paid off. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. XXXX - Seller-12/31/2025 Open-Housing History Does Not Meet Guideline Requirements Provide lien report to verify if primary home is owned free & clear. If it is not - provide most recent mtg statement showing PITI (as this must be added into DTI). - Due Diligence Vendor-12/24/2025 |
Ready for Review-Document Uploaded. XXXX - Seller-12/31/2025 |
Resolved-Received letter from title that indicate no mortgage, credit report reflects the mortgage closed in 7/2025. - Due Diligence Vendor-01/07/2026 |
Qualifying DTI below maximum allowed - Required is 50. Borrower has 24.02. Required is 50 Borrower has 24.02 LTV is less than guideline maximum - Required is 80. Borrower has 55.45. Required is 80 Borrower has 55.45 Qualifying FICO score is at least 20 points above minimum for program - Required is 680. Borrower has 782. Required is 680 Borrower has 782 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6784986 | |
| XXXX | XXXX | 9855598 | D | A | D | A | A | A | A | A | Closed | FCRE1364 | 2025-12-24 06:41 | 2026-01-06 12:26 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Executed 4506-T/4506-C is Missing | Resolved-Received Borrower 2 Executed 4506-T/4506-C - Due Diligence Vendor-01/06/2026 Ready for Review-Document Uploaded. 4506 - Buyer-01/05/2026 Open-Borrower 2 Executed 4506-T/4506-C is Missing Missing executed 4506-C for co-borrower. - Due Diligence Vendor-12/24/2025 |
Resolved-Received Borrower 2 Executed 4506-T/4506-C - Due Diligence Vendor-01/06/2026 |
Qualifying DTI below maximum allowed - Required is 50. Borrower has 24.02. Required is 50 Borrower has 24.02 LTV is less than guideline maximum - Required is 80. Borrower has 55.45. Required is 80 Borrower has 55.45 Qualifying FICO score is at least 20 points above minimum for program - Required is 680. Borrower has 782. Required is 680 Borrower has 782 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6784839 | ||
| XXXX | XXXX | 9855598 | D | A | D | A | A | A | A | A | Closed | FCRE1437 | 2025-12-24 06:41 | 2026-01-06 12:26 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received WVOE, OT was not used for qualification. - Due Diligence Vendor-01/06/2026 Ready for Review-Document Uploaded. The EVOE in the file verifies her salary and that is what was used to qualify. - Seller-01/02/2026 Open-Income and Employment Do Not Meet Guidelines Need WVOE for Co-borrowers employer breaking out all income (to verify only base income to qualify) as borrower does work OT. - Due Diligence Vendor-12/24/2025 |
Ready for Review-Document Uploaded. The EVOE in the file verifies her salary and that is what was used to qualify. - Seller-01/02/2026 |
Resolved-Received WVOE, OT was not used for qualification. - Due Diligence Vendor-01/06/2026 |
Qualifying DTI below maximum allowed - Required is 50. Borrower has 24.02. Required is 50 Borrower has 24.02 LTV is less than guideline maximum - Required is 80. Borrower has 55.45. Required is 80 Borrower has 55.45 Qualifying FICO score is at least 20 points above minimum for program - Required is 680. Borrower has 782. Required is 680 Borrower has 782 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6784843 | |
| XXXX | XXXX | 9855598 | D | A | D | A | A | A | A | A | Closed | FPRO9999 | 2025-12-23 16:31 | 2026-01-02 13:36 | Resolved | 1 - Information | C | A | Credit | Eligibility | Condo project has pending litigation | Resolved-Received the attorney letter stating the relevant policy limit is XXXX and based on current information it does not appear he injuries alleged by the plaintiff will exceed the primary policy limit. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. litigation - Seller-12/31/2025 Open-The condo project has pending litigation. Litigation that involves personal injury must meet the following: claim amount is reasonably anticipated or known, the insurance carrier has agreed to provide the defense and the reasonably anticipated know damages are covered by the HOA's insurance. (If this information can not be met - condo is ineligible). Letter in file states claim has not been paid out and that offer provided does not appear to be accepted. - Due Diligence Vendor-12/24/2025 |
Ready for Review-Document Uploaded. litigation - Seller-12/31/2025 |
Resolved-Received the attorney letter stating the relevant policy limit is $1,000,000.00 and based on current information it does not appear he injuries alleged by the plaintiff will exceed the primary policy limit. - Due Diligence Vendor-01/02/2026 |
Qualifying DTI below maximum allowed - Required is 50. Borrower has 24.02. Required is 50 Borrower has 24.02 LTV is less than guideline maximum - Required is 80. Borrower has 55.45. Required is 80 Borrower has 55.45 Qualifying FICO score is at least 20 points above minimum for program - Required is 680. Borrower has 782. Required is 680 Borrower has 782 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6772536 | |
| XXXX | XXXX | 9855598 | D | A | D | A | A | A | A | A | Closed | FPRO1256 | 2025-12-24 08:04 | 2026-01-02 13:14 | Resolved | 1 - Information | D | A | Credit | Eligibility | HOA Questionnaire Document is Partially Provided | Resolved-Received HOA budget. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. budget - Buyer-12/31/2025 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is only Partially Provided. Need most recent approved Budget to verify <10% replacement, maintenance and/or deductible (Min 5% required). - Due Diligence Vendor-12/24/2025 |
Resolved-Received HOA budget. - Due Diligence Vendor-01/02/2026 |
Qualifying DTI below maximum allowed - Required is 50. Borrower has 24.02. Required is 50 Borrower has 24.02 LTV is less than guideline maximum - Required is 80. Borrower has 55.45. Required is 80 Borrower has 55.45 Qualifying FICO score is at least 20 points above minimum for program - Required is 680. Borrower has 782. Required is 680 Borrower has 782 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6786082 | ||
| XXXX | 10026490 | C | B | C | B | A | A | A | A | Closed | FCRE6844 | 2025-12-30 10:31 | 2026-01-02 11:21 | Waived | 2 - Non-Material | C | B | Credit | Assets | Gift Funds General | Waived-Originator provided a waiver for source of gift funds, applied to non material finding with comp factors - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Please see uploaded exception approval. - Seller-12/30/2025 Open-The borrower received XXXX gift funds from an ineligible donor. Per XXXX 1.6.4.1, a gift can be provided by a relative, defined as the borrower’s spouse, child, or other dependent, or by any other individual who is related to the borrower by blood, marriage, adoption, or legal guardianship; or a fiancé, fiancée, or domestic partner. The gift letter reflects that the donor and the borrower share familial connection through XXXX heritage. They are not related by blood, marriage, adoption, or legal guardianship; - Due Diligence Vendor-12/30/2025 |
Ready for Review-Document Uploaded. Please see uploaded exception approval. - Seller-12/30/2025 |
Waived-Originator provided a waiver for source of gift funds, applied to non material finding with comp factors - Due Diligence Vendor-01/02/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 721 Required is 680 Borrower has 721 Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.14 Required is 50 Borrower has 43.14 |
Residual Income >$3,000 Employment verified >5 years |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 6852302 | |
| XXXX | 10101270 | C | B | C | B | A | A | A | A | Closed | FCRE1194 | 2025-12-24 11:36 | 2026-02-18 10:17 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Originator exception granted and in file, waiver applied with comp factors. Waiver received allows max LTV of 80%. - Due Diligence Vendor-02/18/2026 Ready for Review-Document Uploaded. an Exception was granted for LTV please find and clear. - Seller-01/08/2026 Open-Audited LTV of XXXX exceeds Guideline LTV of XXXX If the property was purchased 6 months ago or less, the max LTV is XXXX. The property must be occupied by a tenant. There is a lease in file. pg 189 and deposits for rent and security pg 398. Property purchased XXXX - Due Diligence Vendor-12/24/2025 |
Ready for Review-Document Uploaded. an Exception was granted for LTV please find and clear. - Seller-01/08/2026 |
Waived-Originator exception granted and in file, waiver applied with comp factors. Waiver received allows max LTV of 80%. - Due Diligence Vendor-02/18/2026 |
Months Reserves exceed minimum required - 3 months required, subject 16.53 months Credit history exceeds minimum required - Paid as agreed mortgage history back to 2020. required is 12 months. |
# of Months Reserves -- 3 DTI -- DSCR LTV / CLTV% -- 90% FICO -- 735 # of Tradelines -- 12 Years of Monthly Payments -- 4 months Years on the Job --DSCR Years at Present Address --3 years # of Months 0X30 Payments --4 months Benefit to Borrower -- Cash out refinance + Rate changing from 10.740% to 7.500% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 6790807 | |
| XXXX | 10101270 | C | B | C | B | A | A | A | A | Closed | FCRE0157 | 2025-12-24 11:04 | 2026-01-09 15:24 | Resolved | 1 - Information | C | A | Credit | Eligibility | Loan does not meet guideline requirements for loans listed for sale | Resolved-Received evidence listing removed. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. listing from zillow shows removed please clear. - Seller-01/08/2026 Open-Loan does not meet guideline requirements for loans listed for sale. Per the appraisal the property was listed for sale XXXX at the current list price of XXXX. No evidence the subject was removed from listing for sale was identified in the file. - Due Diligence Vendor-12/24/2025 |
Ready for Review-Document Uploaded. listing from zillow shows removed please clear. - Seller-01/08/2026 |
Resolved-Received evidence listing removed. - Due Diligence Vendor-01/09/2026 |
Months Reserves exceed minimum required - 3 months required, subject 16.53 months Credit history exceeds minimum required - Paid as agreed mortgage history back to 2020. required is 12 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6789109 | ||
| XXXX | 10101270 | C | B | C | B | A | A | A | A | Closed | FCRE0068 | 2025-12-24 10:34 | 2025-12-24 12:37 | Waived | 2 - Non-Material | C | B | Credit | Closing | Remaining Equity is less than $40,000 which does not meet guideline requirement | Waived-Originator Waiver applied to Non-Material Finding with Comp Factors. An exception in the file for current equity of $37,980 which under the required $40,000. Exception approval in file. - Due Diligence Vendor-12/24/2025 Open-Remaining equity is less than $40,000 which does not meet guideline requirement. The remaining equity is under $40,000. This amount is required per the applicable guides. An exception was found in the file for equity under 40,000. - Due Diligence Vendor-12/24/2025 |
Waived-Originator Waiver applied to Non-Material Finding with Comp Factors. An exception in the file for current equity of $37,980 which under the required $40,000. Exception approval in file. - Due Diligence Vendor-12/24/2025 |
Months Reserves exceed minimum required - 3 months required, subject 16.53 months Credit history exceeds minimum required - Paid as agreed mortgage history back to 2020. required is 12 months. |
# of Months Reserves -- 3 DTI -- DSCR LTV / CLTV% -- 90% FICO -- 735 # of Tradelines -- 12 Years of Monthly Payments -- 4 months Years on the Job --DSCR Years at Present Address --3 years # of Months 0X30 Payments --4 months Benefit to Borrower -- Cash out refinance + Rate changing from 10.740% to 7.500% |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 6788491 | |||
| XXXX | XXXX | 10066010 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 9895770 | D | A | D | A | A | A | D | A | Closed | FCRE7497 | 2025-12-24 13:27 | 2026-01-13 10:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Rental income was not used and DTI is within guidelines. - Due Diligence Vendor-01/13/2026 Open-REO 3c - Lease not provided - Due Diligence Vendor-12/24/2025 |
Resolved-Rental income was not used and DTI is within guidelines. - Due Diligence Vendor-01/13/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.44 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 742 Required is 700 Borrower has 742 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6793116 | |||
| XXXX | XXXX | 9895770 | D | A | D | A | A | A | D | A | Closed | FCRE2244 | 2025-12-30 12:31 | 2026-01-08 11:13 | Resolved | 1 - Information | C | A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Revised appraisal received with pictures of all bedrooms. - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/06/2026 Open-*** new*** Property Issues are identified for the property. XXX. - Due Diligence Vendor-12/30/2025 |
Resolved-Revised appraisal received with pictures of all bedrooms. - Due Diligence Vendor-01/08/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.44 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 742 Required is 700 Borrower has 742 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6856856 | ||
| XXXX | XXXX | 9895770 | D | A | D | A | A | A | D | A | Closed | FPRO1242 | 2025-12-24 11:18 | 2025-12-30 12:32 | Resolved | 1 - Information | D | A | Property | Missing Doc | Appraisal is Missing | Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-12/30/2025 Ready for Review-Document Uploaded. Appraisal - Buyer-12/29/2025 Open-Appraisal is Missing - Due Diligence Vendor-12/24/2025 |
Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-12/30/2025 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.44 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 742 Required is 700 Borrower has 742 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6789439 | ||
| XXXX | XXXX | 9895770 | D | A | D | A | A | A | D | A | Closed | FCRE5790 | 2025-12-24 13:02 | 2025-12-30 12:14 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Received Gap report. - Due Diligence Vendor-12/30/2025 Ready for Review-Document Uploaded. Supporting Document - Buyer-12/29/2025 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). - Due Diligence Vendor-12/24/2025 |
Resolved-Received Gap report. - Due Diligence Vendor-12/30/2025 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.44 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 742 Required is 700 Borrower has 742 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6792648 | ||
| XXXX | XXXX | 10085636 | C | A | C | A | A | A | A | A | Closed | FCRE1204 | 2025-12-29 10:06 | 2026-01-09 13:55 | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received property profile and mortgage statement confirming borrower is on title only. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. Borrower is title only, and tax and insurance are impounded - Buyer-01/08/2026 Counter-Received property profiles confirming no ownership in XXXX. Missing confirmation of no ownership in XXXX – purchased 1XXXX - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. 1) XXXX - the borrower no longer is the owner as it was sold 2) XXXX does not belong to the borrower - Buyer-12/31/2025 Open-Fraud Report Shows Uncleared Alerts Provide documentation that borrower does not own or have liability for the following properties listed on the fraud report: XXXX – borrower purchased XXXX – purchased XXXX – purchased XXXX - Due Diligence Vendor-12/30/2025 |
Resolved-Received property profile and mortgage statement confirming borrower is on title only. - Due Diligence Vendor-01/09/2026 |
Months Reserves exceed minimum required - Minimum reserves is 3 months borrower has 49 months. Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.78 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6830997 | ||
| XXXX | XXXX | 10085636 | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2025-12-29 08:21 | 2025-12-31 11:43 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received Short Form w/sufficient coverage. - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. Supporting Document - Buyer-12/30/2025 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Insufficient Title Coverage. Amount of coverage is missing and less than Total Amount of Subject Lien(s). Additional findings may apply. - Due Diligence Vendor-12/29/2025 |
Resolved-Received Short Form w/sufficient coverage. - Due Diligence Vendor-12/31/2025 |
Months Reserves exceed minimum required - Minimum reserves is 3 months borrower has 49 months. Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.78 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6828943 | ||
| XXXX | XXXX | 10085636 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2025-12-29 12:13 | 2025-12-30 08:20 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-After further review, the rent free letter is in the loan file. - Due Diligence Vendor-12/30/2025 Open-Housing History Does Not Meet Guideline Requirements Borrower living at present address for 7 months. Previous address borrower had no primary housing history. Missing LOX for rent free for prior address to satisfy 12 month history. In the case the borrower’s current primary housing history is less than 12 months, additional payment history from previous mortgage/rent must be supplemented to satisfy full 12 months history. - Due Diligence Vendor-12/29/2025 |
Resolved-After further review, the rent free letter is in the loan file. - Due Diligence Vendor-12/30/2025 |
Months Reserves exceed minimum required - Minimum reserves is 3 months borrower has 49 months. Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.78 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6835994 | |||
| XXXX | XXXX | 10005702 | C | A | C | A | C | A | A | A | Closed | FCRE1506 | 2026-01-06 12:37 | 2026-01-09 14:03 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received documentation HELOC closed. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. This HELOC was tied to a property that was sold and I have attached the sale deed and the closed loan info from XXXX. The account number on the closed HELOC doc matches the credit report. - Seller-01/08/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. XXXX open Heloc reporting on credit XXXX; no evidence showing which property this is attached to, additional findings may apply. - Due Diligence Vendor-01/06/2026 |
Ready for Review-Document Uploaded. This HELOC was tied to a property that was sold and I have attached the sale deed and the closed loan info from XXXX. The account number on the closed HELOC doc matches the credit report. - Seller-01/08/2026 |
Resolved-Received documentation HELOC closed. - Due Diligence Vendor-01/09/2026 |
Qualifying FICO score is at least 20 points above minimum for program - FICO minimum is 680 Borrower has 734 Required is 680 Borrower has 724 LTV is less than guideline maximum - LTV maximum is 80 Borrower has 74.39 Required is 80 Borrower has 74.39 Qualifying DTI below maximum allowed - DTI maximum is 50 Borrower has 33.52 Required is 50 Borrower has 33.52 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6938781 | |
| XXXX | XXXX | 10005702 | C | A | C | A | C | A | A | A | Closed | FCRE1505 | 2025-12-29 12:38 | 2026-01-09 14:03 | Resolved | 1 - Information | C | A | Credit | Eligibility | Tradelines do not meet Guideline Requirements | Resolved-Received confirmation property sold and HELOC closed. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. This HELOC was tied to a property that was sold and I have attached the sale deed and the closed loan info from XXXX. The account number on the closed HELOC doc matches the credit report. - Buyer-01/08/2026 Open-The Tradelines for the borrower(s) do not meet the guideline requirements. XXXX open Heloc reporting on credit XXXX; no evidence showing which property this is attached to, additional findings may apply. - Due Diligence Vendor-12/29/2025 |
Resolved-Received confirmation property sold and HELOC closed. - Due Diligence Vendor-01/09/2026 |
Qualifying FICO score is at least 20 points above minimum for program - FICO minimum is 680 Borrower has 734 Required is 680 Borrower has 724 LTV is less than guideline maximum - LTV maximum is 80 Borrower has 74.39 Required is 80 Borrower has 74.39 Qualifying DTI below maximum allowed - DTI maximum is 50 Borrower has 33.52 Required is 50 Borrower has 33.52 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6836545 | ||
| XXXX | XXXX | 10005702 | C | A | C | A | C | A | A | A | Closed | finding-3634 | 2025-12-24 12:24 | 2026-01-08 10:16 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-----Received COC for increase in fees. Finding Resolved. - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/06/2026 Open-This loan failed the charges that cannot increase 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).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $80.00.Please see the Tolerance Comparison 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). -----Zero (0%) tolerance fees increased by $80.00 Discount Points without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $80.00, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-12/24/2025 |
Resolved-----Received COC for increase in fees. Finding Resolved. - Due Diligence Vendor-01/08/2026 |
Qualifying FICO score is at least 20 points above minimum for program - FICO minimum is 680 Borrower has 734 Required is 680 Borrower has 724 LTV is less than guideline maximum - LTV maximum is 80 Borrower has 74.39 Required is 80 Borrower has 74.39 Qualifying DTI below maximum allowed - DTI maximum is 50 Borrower has 33.52 Required is 50 Borrower has 33.52 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6791840 | ||
| XXXX | XXXX | 10026823 | C | B | C | B | A | A | A | A | Closed | FCRE1437 | 2025-12-29 14:27 | 2026-01-09 12:45 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received business narrative confirming income sources. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. business narative - Buyer-01/08/2026 Counter-Received letter from XXXX confirming business relationship. Borrower to provide business narrative supporting business relationship and further cash advance business receiving income from another entity as income. - Due Diligence Vendor-01/07/2026 Ready for Review-Document Uploaded. LOE explaining how the deposits from XXXX are all income - Buyer-01/05/2026 Open-Income and Employment Do Not Meet Guidelines Provide proof that deposits from XXXX are business income. Provide proof that assets are in the name of the business or that the account is a business account. Docs provided are incomplete. All transactions needed for bank statements including any withdrawals or NSFs - Due Diligence Vendor-12/29/2025 |
Resolved-Received business narrative confirming income sources. - Due Diligence Vendor-01/09/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 786 Qualifying DTI below maximum allowed - Required is 45 Borrower has 33.68 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6838682 | ||
| XXXX | XXXX | 10026823 | C | B | C | B | A | A | A | A | Closed | FCRE1206 | 2025-12-29 14:37 | 2026-01-06 12:48 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Received updated fraud report reflecting all interested parties searched. - Due Diligence Vendor-01/06/2026 Ready for Review-Document Uploaded. fraudguard - Buyer-01/05/2026 Open-All Interested Parties Not Checked with Exclusionary Lists NB Spouse/Title holder to be added to XXXX and exclusionary list - Due Diligence Vendor-12/29/2025 |
Resolved-Received updated fraud report reflecting all interested parties searched. - Due Diligence Vendor-01/06/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 786 Qualifying DTI below maximum allowed - Required is 45 Borrower has 33.68 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6838862 | ||
| XXXX | XXXX | 10026823 | C | B | C | B | A | A | A | A | Closed | FCRE1317 | 2025-12-29 14:27 | 2025-12-29 16:38 | Waived | 2 - Non-Material | C | B | Credit | Income/Employment | Borrower 1 Total Years Employment Verified is Less Than 24 Months | Waived-Originator exception granted to allow less than 2 years S/E, Non-material waiver applied with comp factors. non-material due to DTI of XXXX and Fico of 786. XXXX exception not needed as borrower in same line of work over 2 years - Due Diligence Vendor-12/29/2025 Open-Borrower 1 Total Years Employment Verified is Less Than 24 Months Exception request and approval for lender for Borrower is only self employed since XXXX - 17 months. Has been working in the cash advance industry since XXXX. Exception for < 2 years self employment. - Due Diligence Vendor-12/29/2025 |
Waived-Originator exception granted to allow less than 2 years S/E, Non-material waiver applied with comp factors. non-material due to DTI of XXXX and Fico of 786. XXXX exception not needed as borrower in same line of work over 2 years - Due Diligence Vendor-12/29/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 786 Qualifying DTI below maximum allowed - Required is 45 Borrower has 33.68 |
deposits of XXXX Ratios 36/37 minimal debt Fico 786 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 6838681 | ||
| XXXX | XXXX | 9846227 | D | B | D | A | B | B | A | A | Closed | FPRO1256 | 2025-12-30 10:48 | 2026-01-14 15:56 | Resolved | 1 - Information | D | A | Credit | Eligibility | HOA Questionnaire Document is Partially Provided | Resolved-Received budget. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. HOA Questionnaire Doc Partially: please see attachment labeled ‘Budget’ - Buyer-12/31/2025 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is only Partially Provided. HOA to provide annual budget in force and verify line item allocated for replacement of reserves (minimum of 8% of the budget). Budget's provided are only for XXXX and must be total for complex. - Due Diligence Vendor-12/30/2025 |
Resolved-Received budget. - Due Diligence Vendor-01/02/2026 |
Qualifying DTI below maximum allowed - Rule False DTI is at 45.21% - Max is 50% Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 806 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6852971 | ||
| XXXX | XXXX | 9846227 | D | B | D | A | B | B | A | A | Closed | FCRE0105 | 2025-12-29 18:48 | 2026-01-13 12:41 | Resolved | 1 - Information | C | A | Credit | Eligibility | Condo Structural Reports not in file | Resolved-Received clarification regard project name. - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. 1. See response from Underwriting 2. Underwriter response. - Seller-01/06/2026 Counter-Received inspection for XXXX. Missing inspection for XXXX - Due Diligence Vendor-01/06/2026 Ready for Review-Document Uploaded. the subject property is a ground floor unit as reflected on the appraisal and it does not have a balcony or guardrails. Additionally the annual reserve budget that was provided for XXXX reflects that funds have been allocated for the maintenance and sealing of the balconies - Seller-01/05/2026 Open-The file does not contain the required structural engineer report per state law. Provide copy of inspection noted on Questionnaire - SB 326 Inspected XXXX. Need to verify the balconies that guardrails do not meet and confirm if it is our subject. (Additional conditions could apply - review required). - Due Diligence Vendor-12/29/2025 |
Ready for Review-Document Uploaded. 1. See response from Underwriting 2. Underwriter response. - Seller-01/06/2026 Ready for Review-Document Uploaded. the subject property is a ground floor unit as reflected on the appraisal and it does not have a balcony or guardrails. Additionally the annual reserve budget that was provided for XXXX reflects that funds have been allocated for the maintenance and sealing of the balconies - Seller-01/05/2026 |
Resolved-Received clarification regard project name. - Due Diligence Vendor-01/08/2026 |
Qualifying DTI below maximum allowed - Rule False DTI is at 45.21% - Max is 50% Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 806 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6843049 | |
| XXXX | XXXX | 9846227 | D | B | D | A | B | B | A | A | Closed | FCRE0179 | 2026-01-09 16:05 | 2026-01-13 12:41 | Resolved | 1 - Information | C | A | Credit | Eligibility | UW Attestation/Docs stating warrantability are missing | Resolved-Received UW attestation - Due Diligence Vendor-01/13/2026 Ready for Review-Document Uploaded. XXXX and XXXX only allow warrantable condos. The UW signed the attached warranty which attests to the project meeting XXXX guidelines. - Seller-01/12/2026 Open-The file is missing UW Attestation and/or documentation clearly stating whether the property is a warrantable or non-warrantable condo. - Due Diligence Vendor-01/09/2026 |
Ready for Review-Document Uploaded. XXXX and XXXX only allow warrantable condos. The UW signed the attached warranty which attests to the project meeting XXXX guidelines. - Seller-01/12/2026 |
Resolved-Received UW attestation - Due Diligence Vendor-01/13/2026 |
Qualifying DTI below maximum allowed - Rule False DTI is at 45.21% - Max is 50% Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 806 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7015506 | |
| XXXX | XXXX | 9846227 | D | B | D | A | B | B | A | A | Closed | FCRE1506 | 2025-12-30 10:51 | 2026-01-12 10:06 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received missing credit documentation. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Invalid Final QM Status - ATR/QM: Status Pending - payment history is attached showing payments made for XXXX. Proof of the payment due on XXXX is not required since the payment is not 30 days late. Please see attachment labeled ‘Adams Ave pymt history1’. - Buyer-12/31/2025 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Need housing history for Axos Bk verifying mortgage for investment property from XXXX to XXXX and that payment include full PITI. - Due Diligence Vendor-12/30/2025 |
Resolved-Received missing credit documentation. - Due Diligence Vendor-01/02/2026 |
Qualifying DTI below maximum allowed - Rule False DTI is at 45.21% - Max is 50% Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 806 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6853050 | ||
| XXXX | XXXX | 9846227 | D | B | D | A | B | B | A | A | Closed | FCRE5782 | 2025-12-29 18:25 | 2026-01-12 10:04 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received UDM for both borrowers. - Due Diligence Vendor-01/06/2026 Ready for Review-Document Uploaded. Adding the same documents again. The document reflects both borrowers. XXXX and XXXX are now highlighted for your convenience. If you are looking for a diffeferent doc be specific. - Buyer-01/02/2026 Counter-Gap Report for B1 provided, please provide the Gap Report for B2. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Borrower 1 Gap Credit Report is Missing - Buyer-12/31/2025 Open-Borrower 1 Gap Credit Report is Missing Missing Gap Credit Report for both borrowers - Due Diligence Vendor-12/29/2025 |
Resolved-Received UDM for both borrowers. - Due Diligence Vendor-01/06/2026 |
Qualifying DTI below maximum allowed - Rule False DTI is at 45.21% - Max is 50% Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 806 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6842793 | ||
| XXXX | XXXX | 9846227 | D | B | D | A | B | B | A | A | Closed | FCRE1440 | 2025-12-29 19:06 | 2026-01-12 10:04 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received missing payment history. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Housing History : payment history is attached showing payments made for XXXX. Proof of the payment due on XXXX is not required since the payment is not 30 days late. Please see attachment labeled XXXX pymt history’. - Seller-12/31/2025 Open-Housing History Does Not Meet Guideline Requirements Need housing history for XXXX verifying mortgage for investment property from XXXX to XXXX and that payment include full PITI. - Due Diligence Vendor-12/30/2025 |
Ready for Review-Document Uploaded. Housing History : payment history is attached showing payments made for XXXX. Proof of the payment due on XXXX is not required since the payment is not 30 days late. Please see attachment labeled ‘XXXX pymt history’. - Seller-12/31/2025 |
Resolved-Received missing payment history. - Due Diligence Vendor-01/02/2026 |
Qualifying DTI below maximum allowed - Rule False DTI is at 45.21% - Max is 50% Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 806 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6843130 | |
| XXXX | XXXX | 9846227 | D | B | D | A | B | B | A | A | Closed | FCRE1480 | 2025-12-29 18:35 | 2026-01-02 13:43 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 2 Does Not Meet Guideline Requirements | Resolved-Received cash flow analysis - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Asset 2: – per section 5.4 of the XXXX credit guidelines, a cash flow analysis is acceptable in lieu of a CPA letter. A cash flow analysis was completed using the tax returns. Please see attachment labeled ‘Cash Flow Analysis’. - Seller-12/31/2025 Open-Asset Record 2 Does Not Meet G/L Requirements Need CPA letter on letterhead (with CPA business license info provided) addressing that use of business funds for reserves will not negatively impact business as business funds are required for reserves or we would be short reserves. - Due Diligence Vendor-12/29/2025 |
Ready for Review-Document Uploaded. Asset 2: – per section 5.4 of the XXXX credit guidelines, a cash flow analysis is acceptable in lieu of a CPA letter. A cash flow analysis was completed using the tax returns. Please see attachment labeled ‘Cash Flow Analysis’. - Seller-12/31/2025 |
Resolved-Received cash flow analysis - Due Diligence Vendor-01/02/2026 |
Qualifying DTI below maximum allowed - Rule False DTI is at 45.21% - Max is 50% Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 806 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6842938 | |
| XXXX | XXXX | 9846227 | D | B | D | A | B | B | A | A | Closed | FCRE1325 | 2025-12-30 10:25 | 2026-01-02 13:32 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Upon further review, tax preparer letter not required. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Borrower 1 CPA Letter: per sections 5.1.2 and 5.1.5 of the XXXX credit guidelines, the CPA or tax preparer is not a requirement on full doc reviews, rather it is one of the options for validating the business. We opted to verify the business via the licensing bureau supported by Secretary of State business filing. Please see attachments labeled ‘Business Licenses’ and ‘SoS search – XXXX’. - Seller-12/31/2025 Open-Borrower 1 CPA Letter Missing CPA or third party tax preparer letter on letterhead is required for verification of business. They must attest that they have audited the business financial statements or reviewed working papers. CPA or third party tax preparer to sign/date letter - Due Diligence Vendor-12/30/2025 |
Ready for Review-Document Uploaded. Borrower 1 CPA Letter: per sections 5.1.2 and 5.1.5 of the XXXX credit guidelines, the CPA or tax preparer is not a requirement on full doc reviews, rather it is one of the options for validating the business. We opted to verify the business via the licensing bureau supported by Secretary of State business filing. Please see attachments labeled ‘Business Licenses’ and ‘SoS search – XX Consumer Attorneys’. - Seller-12/31/2025 |
Resolved-Upon further review, tax preparer letter not required. - Due Diligence Vendor-01/02/2026 |
Qualifying DTI below maximum allowed - Rule False DTI is at 45.21% - Max is 50% Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 806 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6852107 | |
| XXXX | XXXX | 9846227 | D | B | D | A | B | B | A | A | Closed | FCRE1355 | 2025-12-30 10:25 | 2026-01-02 13:32 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 CPA Letter Missing | Resolved-Upon further review, tax preparer letter not required. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Borrower 2 CPA Letter: – per sections 5.1.2 and 5.1.5 of the XXXX credit guidelines, the CPA or tax preparer is not a requirement on full doc reviews, rather it is one of the options for validating the business. We opted to verify the business via the licensing bureau supported by XXXX business filing. Please see attachments labeled ‘Business Licenses’ and ‘SoS search – XXXX’ - Seller-12/31/2025 Open-Borrower 2 CPA Letter Missing CPA or third party tax preparer letter on letterhead is required for verification of business. They must attest that they have audited the business financial statements or reviewed working papers. CPA or third party tax preparer to sign/date letter - Due Diligence Vendor-12/30/2025 |
Ready for Review-Document Uploaded. Borrower 2 CPA Letter: – per sections 5.1.2 and 5.1.5 of the XXXX credit guidelines, the CPA or tax preparer is not a requirement on full doc reviews, rather it is one of the options for validating the business. We opted to verify the business via the licensing bureau supported by Secretary of State business filing. Please see attachments labeled ‘Business Licenses’ and ‘SoS search – XXXX’ - Seller-12/31/2025 |
Resolved-Upon further review, tax preparer letter not required. - Due Diligence Vendor-01/02/2026 |
Qualifying DTI below maximum allowed - Rule False DTI is at 45.21% - Max is 50% Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 806 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6852108 | |
| XXXX | XXXX | 9846227 | D | B | D | A | B | B | A | A | Closed | FCOM5135 | 2025-12-24 12:02 | 2026-01-02 12:45 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-12/24/2025 | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-12/24/2025 |
Qualifying DTI below maximum allowed - Rule False DTI is at 45.21% - Max is 50% Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 806 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Investor Post-Close | No | 6791417 | |||
| XXXX | XXXX | 10026836 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 9807843 | D | A | D | A | A | A | A | A | Closed | FCRE1193 | 2026-01-07 12:10 | 2026-01-12 12:17 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Received documentation to support deposits. Audited DTI of XXXX is less than or equal to Guideline DTI of XXXX - Due Diligence Vendor-01/12/2026 Ready for Review-Document Uploaded. XXXX is a XXXX company, borrower receives income from XXXX that is distributed to his XXXX account, it is then transferred to XXXX, borrower has been receiving funds for over 24 months, only using funds being deposited to XXXX not the full amount borrower receives. 2 months from XXXX shows more than the $12,500 is deposited each month. Borrowers are Real Estate Investors, so deposits vary according to sales price, please see borrowers LOE regarding his company. - Buyer-01/09/2026 Open-Audited DTI of XXXX exceeds Guideline DTI of XXXX% *New* Missing documentation to support the Deposits into XXXX from the borrower XXXX account is income. Lender included the income calculation. - Due Diligence Vendor-01/07/2026 |
Resolved-Received documentation to support deposits. Audited DTI of 44.31% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-01/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 761 LTV is less than guideline maximum - Required is 70 Borrower has 61.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6963349 | ||
| XXXX | XXXX | 9807843 | D | A | D | A | A | A | A | A | Closed | FCRE1342 | 2025-12-30 10:07 | 2026-01-12 12:16 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-Received 24 months statements for each account - Due Diligence Vendor-01/07/2026 Counter-24 months statement for XXXX provided, however we are still missing an additional 12 months for XXXX - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Ful Bank statements - Buyer-12/31/2025 Open-Borrower 1 Business Bank Statements Missing The Bank Analysis forms in the loan file show the lender used 24 months bank statements for two accounts. However, there were not 24 months of bank statements for each account in the loan file. For business account ending in XXXX, only 13 statements were in the loan file and for business account ending in XXXX, only 13 statements were in the loan file. The loan file is missing all the bank statements used by the lender on the bank statement income calculation forms. Additional findings may apply once all bank statements are obtained. - Due Diligence Vendor-12/30/2025 |
Resolved-Received 24 months statements for each account - Due Diligence Vendor-01/07/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 761 LTV is less than guideline maximum - Required is 70 Borrower has 61.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6851518 | ||
| XXXX | XXXX | 9976808 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2025-12-30 12:02 | 2026-01-08 13:46 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received PITIA validation for both primary residences. - Due Diligence Vendor-01/05/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-01/02/2026 Open-Housing History Does Not Meet Guideline Requirements Mortgage statements not provided for both primary residences including taxes and insurance. - Due Diligence Vendor-12/30/2025 |
Resolved-Received PITIA validation for both primary residences. - Due Diligence Vendor-01/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 776 Qualifying DTI below maximum allowed - Required is 50 Borrower has 31.56 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6856298 | ||
| XXXX | XXXX | 9976808 | D | A | D | A | A | A | A | A | Closed | FCRE8701 | 2025-12-30 10:27 | 2026-01-08 13:17 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received operating agreement. - Due Diligence Vendor-01/07/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/06/2026 Counter-Received EIN. Missing Operating Agreement. - Due Diligence Vendor-01/05/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-01/02/2026 Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. Ownership % and EIN not provided - Due Diligence Vendor-12/30/2025 |
Ready for Review-Document Uploaded. Supporting Document - Seller-01/02/2026 |
Resolved-Received operating agreement. - Due Diligence Vendor-01/07/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 776 Qualifying DTI below maximum allowed - Required is 50 Borrower has 31.56 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6852184 | |
| XXXX | XXXX | 9976808 | D | A | D | A | A | A | A | A | Closed | FCRE1437 | 2025-12-30 11:45 | 2026-01-05 11:39 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received corrected 1003 and 1008 removing pension income from consideration. - Due Diligence Vendor-01/05/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/02/2026 Open-Income and Employment Do Not Meet Guidelines B2 Pension income documentation not provided - Due Diligence Vendor-12/30/2025 |
Resolved-Received corrected 1003 and 1008 removing pension income from consideration. - Due Diligence Vendor-01/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 776 Qualifying DTI below maximum allowed - Required is 50 Borrower has 31.56 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6855939 | ||
| XXXX | XXXX | 9976808 | D | A | D | A | A | A | A | A | Closed | FCRE0116 | 2025-12-30 13:27 | 2026-01-05 11:27 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Warrantability Documentation | Resolved-Received CPM approval. - Due Diligence Vendor-01/05/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-01/02/2026 Open-Missing Warrantability Documentation. Missing from loan file. Only XXXX approval printout in loan file - Due Diligence Vendor-12/30/2025 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-01/02/2026 |
Resolved-Received CPM approval. - Due Diligence Vendor-01/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 776 Qualifying DTI below maximum allowed - Required is 50 Borrower has 31.56 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6857975 | |
| XXXX | XXXX | 9976808 | D | A | D | A | A | A | A | A | Closed | FPRO1255 | 2025-12-30 10:39 | 2026-01-05 11:25 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Resolved-Received CPM approval. - Due Diligence Vendor-01/05/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-01/02/2026 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. Missing from loan file - Due Diligence Vendor-12/30/2025 |
Resolved-Received CPM approval. - Due Diligence Vendor-01/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 776 Qualifying DTI below maximum allowed - Required is 50 Borrower has 31.56 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6852585 | ||
| XXXX | XXXX | 10026819 | D | A | D | A | A | A | A | A | Closed | FCRE0134 | 2025-12-30 12:56 | 2026-01-08 15:30 | Resolved | 1 - Information | C | A | Credit | Eligibility | Issue with First Payment Letter | Resolved-Received 1st payment Letter. - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. Corrected FPL - Buyer-01/08/2026 Open-There is an issue with First Payment Letter. P&I payment on the payment letter provided in the file is based on the qualifying payment using a loan amount of XXXX. Ln amt is XXXX - new payment letter is required. - Due Diligence Vendor-12/30/2025 |
Resolved-Received 1st payment Letter. - Due Diligence Vendor-01/08/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 808 Qualifying DTI below maximum allowed - Required is 50 Borrower has 17.92 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6857375 | ||
| XXXX | XXXX | 10026819 | D | A | D | A | A | A | A | A | Closed | FCRE4104 | 2025-12-30 14:36 | 2026-01-08 15:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing explanation and supporting documentation for large deposit(s) | Resolved-Upon further review, deposits appear to be normal for the nature of the business. - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. Anderson Rebuttal - Buyer-01/08/2026 Open-Asset Qualification Does Not Meet Guideline Requirements Large deposits in the following months over $31,488 must be explained and sourced (verify business related): XXXX, XXXX, XXXX, XXXX and XXXX. - Due Diligence Vendor-12/30/2025 |
Resolved-Upon further review, deposits appear to be normal for the nature of the business. - Due Diligence Vendor-01/08/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 808 Qualifying DTI below maximum allowed - Required is 50 Borrower has 17.92 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6859076 | ||
| XXXX | XXXX | 10026819 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2025-12-30 12:30 | 2026-01-08 15:04 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received Borrower 1 Gap Credit Report - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-01/07/2026 Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-12/30/2025 |
Ready for Review-Document Uploaded. Supporting Document - Seller-01/07/2026 |
Resolved-Received Borrower 1 Gap Credit Report - Due Diligence Vendor-01/08/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 808 Qualifying DTI below maximum allowed - Required is 50 Borrower has 17.92 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6856817 | |
| XXXX | XXXX | 10026819 | D | A | D | A | A | A | A | A | Closed | FCRE5783 | 2025-12-30 12:30 | 2026-01-08 15:04 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Gap Credit Report is Missing | Resolved-Received Borrower 2 Gap Credit Report - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/07/2026 Open-Borrower 2 Gap Credit Report is Missing. - Due Diligence Vendor-12/30/2025 |
Resolved-Received Borrower 2 Gap Credit Report - Due Diligence Vendor-01/08/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 808 Qualifying DTI below maximum allowed - Required is 50 Borrower has 17.92 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6856818 | ||
| XXXX | XXXX | 10085645 | D | A | D | A | A | A | A | A | Closed | FCRE1316 | 2025-12-30 13:39 | 2026-01-09 14:23 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received Good Standing in another finding. - Due Diligence Vendor-01/09/2026 Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-12/30/2025 |
Resolved-Received Good Standing in another finding. - Due Diligence Vendor-01/09/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 805 Required is 700 Borrower has 805 Qualifying DTI below maximum allowed - 25.97% DTI is below 50% max |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6858145 | |||
| XXXX | XXXX | 10085645 | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2025-12-30 13:39 | 2026-01-09 14:23 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received Articles of Organization - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. Please see attached for the filing records confirming 100% ownership - Seller-01/07/2026 Counter-Received good standing. Missing confirmation borrower is 100% owner. Provide Operating Agreement. - Due Diligence Vendor-01/05/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-01/02/2026 Open-Borrower 1 CPA Letter Missing A CPA letter verifying the borrower's business is missing from the loan file. - Due Diligence Vendor-12/30/2025 |
Ready for Review-Document Uploaded. Please see attached for the filing records confirming 100% ownership - Seller-01/07/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-01/02/2026 |
Resolved-Received Articles of Organization - Due Diligence Vendor-01/09/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 805 Required is 700 Borrower has 805 Qualifying DTI below maximum allowed - 25.97% DTI is below 50% max |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6858146 | |
| XXXX | XXXX | 10085645 | D | A | D | A | A | A | A | A | Closed | FCRE1205 | 2025-12-30 14:19 | 2026-01-05 12:31 | Resolved | 1 - Information | C | A | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-Received OFAC clearance. - Due Diligence Vendor-01/05/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/02/2026 Open-OFAC Check Not Completed and/or Cleared The borrower's business "XXXX" was not on the participant list or ran through OFAC. - Due Diligence Vendor-12/30/2025 |
Resolved-Received OFAC clearance. - Due Diligence Vendor-01/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 805 Required is 700 Borrower has 805 Qualifying DTI below maximum allowed - 25.97% DTI is below 50% max |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6858805 | ||
| XXXX | XXXX | 10085645 | D | A | D | A | A | A | A | A | Closed | FCRE0104 | 2025-12-30 15:03 | 2026-01-05 12:28 | Resolved | 1 - Information | C | A | Credit | Eligibility | Prepayment Penalty is not allowed | Resolved-Upon further review, the loan file contained all required prepayment documentation for fixed rate mortgage in XXXX. - Due Diligence Vendor-01/05/2026 Ready for Review-Document Uploaded. 1. Can you confirm if this is still needed? The property is in XXXX, but the finding was cited for XXXX. 2. If this is still needed, can you please confirm if the updated prepayment documents (just PPP addendum to note & PPP rider) uploaded are sufficient to clear this? Once confirmed, I will reach out to get this signed and completed for you. - Buyer-01/05/2026 Open-Prepayment Penalty is not allowed. XXXX – requires state specific disclosure to be disclosed on the loan agreement (i.e. Note, Note Addendum or prepayment penalty rider). (Disclaimer must be in at least 10-point font and either bold or underlined). The Note, Note Addendum and prepayment penalty rider do not include the required verbiage. - Due Diligence Vendor-12/30/2025 |
Resolved-Upon further review, the loan file contained all required prepayment documentation for fixed rate mortgage in XX. - Due Diligence Vendor-01/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 805 Required is 700 Borrower has 805 Qualifying DTI below maximum allowed - 25.97% DTI is below 50% max |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6859531 | ||
| XXXX | XXXX | 9895783 | D | A | D | A | A | A | A | A | Closed | FCRE1158 | 2025-12-30 19:55 | 2026-01-06 13:40 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received HOI policy. - Due Diligence Vendor-01/06/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/05/2026 Counter-Received duplicate binder expiring XXXX and pending policy number. Provide complete annual H06 reflecting policy number. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-12/31/2025 Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided Policy Number is not listed. Policy period is for only 30 days XXXX to XXXX.. - Due Diligence Vendor-12/31/2025 |
Resolved-Received HOI policy. - Due Diligence Vendor-01/06/2026 |
DSCR % greater than 1.20 - Rule False DSCR is 1.81. 1.00 was required. Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score 748; guidelines require 700. Required is 700 Borrower has 748 LTV is less than guideline maximum - LTV 75%. Allowed LTV 80% Required is 80 Borrower has 75 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6862892 | ||
| XXXX | 10026565 | D | A | D | A | A | A | A | A | Closed | FCRE1506 | 2026-01-07 16:15 | 2026-04-27 09:41 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Revised income calc provided. The expense factor was updated to 15%. The file already contains a CPA letter and business narrative confirming a 15% expense factor. - Due Diligence Vendor-02/04/2026 Ready for Review-Uploaded revised 1008/1003 (using XXXX rental income for departing residence) & Income Calculation Worksheet. Income restructured to keep DTI within GLs. We can use 15% expense ratio instead of 30% as it 's home based without any employees. - Seller-01/28/2026 Counter-Received 1007 and proof of rents received. 1007 market rent is lower and must be considered in qualifying departing residence. DTI 51.29% exceed guidelines. - Due Diligence Vendor-01/27/2026 Ready for Review-See uploaded 1007, Lease and security deposit receipt for departing residence. - Seller-01/26/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing all documents for departing residence/rental income/deposits - Due Diligence Vendor-01/07/2026 |
Ready for Review-Uploaded revised 1008/1003 (using XXXX rental income for departing residence) & Income Calculation Worksheet. Income restructured to keep DTI within GLs. We can use 15% expense ratio instead of 30% as it 's home based without any employees. - Seller-01/28/2026 Ready for Review-See uploaded 1007, Lease and security deposit receipt for departing residence. - Seller-01/26/2026 |
Resolved-Revised income calc provided. The expense factor was updated to 15%. The file already contains a CPA letter and business narrative confirming a 15% expense factor. - Due Diligence Vendor-02/04/2026 |
LTV is less than guideline maximum - Required is 90 Borrower has 85 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 737 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6968685 | |||
| XXXX | 10026565 | D | A | D | A | A | A | A | A | Closed | FCRE1345 | 2026-01-07 15:22 | 2026-02-04 10:51 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Lease Agreements Missing | Resolved-Revised income calc provided. The expense factor was updated to 15%. The file already contains a CPA letter and business narrative confirming a 15% expense factor. - Due Diligence Vendor-02/04/2026 Ready for Review-Document Uploaded. Uploaded revised 1008/1003 (using $3200 rental income for departing residence) & Income Calculation Worksheet. Income restructured to keep DTI within GLs. We can use 15% expense ratio instead of 30% as it 's home based without any employees. - Seller-02/04/2026 Counter-No new documents received. Pending review of income finding. Rental income to be reduced to 1007 upon review of missing documents. - Due Diligence Vendor-01/30/2026 Ready for Review-Uploaded revised 1008/1003 (using $3200 rental income for departing residence) & Income Calculation Worksheet. Income restructured to keep DTI within GLs. We can use 15% expense ratio instead of 30% as it 's home based without any employees. - Seller-01/28/2026 Counter-Received 1007 and proof of rents received. 1007 market rent is lower and must be considered in qualifying departing residence. DTI 51.29% exceed guidelines. - Due Diligence Vendor-01/27/2026 Ready for Review-Document Uploaded. See uploaded 1007, Lease and security deposit receipt for departing residence. - Seller-01/26/2026 Open-Borrower 1 Lease Agreements Missing Per the guidelines section 1.5.5.4, if the borrower plans to convert their departure residence to a rental property, the current PITIA and proposed PITIA must be used in qualifying the borrower. The current PITIA may be offset using 75% of the lower of actual or market rent. The rental income must be documented with all the following: Market Rent Analysis, Single Family Comparable Rent Schedule (XXXX Form 1007); Copy of a current lease and Evidence of proof of receipt of damage deposit and first month’s rent. The file contains a lease agreement; however, the file is missing a Single Family Comparable Rent Schedule (XXXX Form 1007); Copy of a current lease and Evidence of proof of receipt of damage deposit and first month’s rent - Due Diligence Vendor-01/07/2026 |
Ready for Review-Document Uploaded. Uploaded revised 1008/1003 (using XXXX rental income for departing residence) & Income Calculation Worksheet. Income restructured to keep DTI within GLs. We can use 15% expense ratio instead of 30% as it 's home based without any employees. - Seller-02/04/2026 Ready for Review-Uploaded revised 1008/1003 (using XXXX rental income for departing residence) & Income Calculation Worksheet. Income restructured to keep DTI within GLs. We can use 15% expense ratio instead of 30% as it 's home based without any employees. - Seller-01/28/2026 Ready for Review-Document Uploaded. See uploaded 1007, Lease and security deposit receipt for departing residence. - Seller-01/26/2026 |
Resolved-Revised income calc provided. The expense factor was updated to 15%. The file already contains a CPA letter and business narrative confirming a 15% expense factor. - Due Diligence Vendor-02/04/2026 |
LTV is less than guideline maximum - Required is 90 Borrower has 85 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 737 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6967705 | ||
| XXXX | 10026565 | D | A | D | A | A | A | A | A | Closed | FCRE6911 | 2026-01-27 11:17 | 2026-02-04 10:51 | Resolved | 1 - Information | C | A | Credit | Eligibility | DTI exceeds program maximum | Resolved-Revised income calc provided. The expense factor was updated to 15%. The file already contains a CPA letter and business narrative confirming a 15% expense factor. - Due Diligence Vendor-02/04/2026 Ready for Review-Document Uploaded. Attached is revised 1008/1003 (using XXXX rental income for departing residence) & Income Calculation Worksheet. Income restructured to keep DTI within GLs. We can use 15% expense ratio instead of 30% as it 's home based without any employees. - Seller-01/28/2026 Open-*NEW* Received 1007 reflecting lower market rent of XXXX and must be considered. DTI is XXXX>XXXX max allowed. - Due Diligence Vendor-01/27/2026 |
Ready for Review-Document Uploaded. Attached is revised 1008/1003 (using XXXX rental income for departing residence) & Income Calculation Worksheet. Income restructured to keep DTI within GLs. We can use 15% expense ratio instead of 30% as it 's home based without any employees. - Seller-01/28/2026 |
Resolved-Revised income calc provided. The expense factor was updated to 15%. The file already contains a CPA letter and business narrative confirming a 15% expense factor. - Due Diligence Vendor-02/04/2026 |
LTV is less than guideline maximum - Required is 90 Borrower has 85 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 737 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7313089 | ||
| XXXX | 10026565 | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2026-01-07 15:28 | 2026-01-15 11:18 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received XXXX confirmed over 2 years employment. - Due Diligence Vendor-01/15/2026 Ready for Review-Document Uploaded. State documentation uploaded confirming business has been in existence since XXXX - Seller-01/14/2026 Open-Borrower 1 CPA Letter Missing Missing documentation to support that the borrowers' business, XXXX, has been in existence for at least 2 years. - Due Diligence Vendor-01/07/2026 |
Ready for Review-Document Uploaded. State documentation uploaded confirming business has been in existence since XXXX- Seller-01/14/2026 |
Resolved-Received XXXX confirmed over 2 years employment. - Due Diligence Vendor-01/15/2026 |
LTV is less than guideline maximum - Required is 90 Borrower has 85 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 737 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6967801 | ||
| XXXX | 10026565 | D | A | D | A | A | A | A | A | Closed | FCRE0180 | 2026-01-07 18:05 | 2026-01-12 11:47 | Resolved | 1 - Information | C | A | Credit | Eligibility | State Specific requirements were not met for Notary or Witness Signatures on the Mortgage Document | Resolved-Received confirmation from title all witness documentation met. - Due Diligence Vendor-01/12/2026 Ready for Review-Document Uploaded. See email from Title stating in the state of XXXX are not required to sign the mortgage.. - Seller-01/09/2026 Open-State Specific requirements were not met for Notary or Witness Signatures on the Mortgage Document. Missing required witness signature(s) - Due Diligence Vendor-01/07/2026 |
Ready for Review-Document Uploaded. See email from Title stating in the state of XXXX Witnesses are not required to sign the mortgage.. - Seller-01/09/2026 |
Resolved-Received confirmation from title all witness documentation met. - Due Diligence Vendor-01/12/2026 |
LTV is less than guideline maximum - Required is 90 Borrower has 85 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 737 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6970668 | ||
| XXXX | 10026565 | D | A | D | A | A | A | A | A | Closed | FCRE0196 | 2026-01-07 16:12 | 2026-01-09 15:42 | Resolved | 1 - Information | C | A | Credit | Eligibility | Payoff(s) on the CD/HUD are not reported on Title Report | Resolved-Title report does not reflect any liens. - Due Diligence Vendor-01/09/2026 Open-Payoff(s) on the CD/HUD are not reported on Title Report. The seller's CD reflects seller's proceeds to XXXX Trust account for XXXX - Due Diligence Vendor-01/07/2026 |
Resolved-Title report does not reflect any liens. - Due Diligence Vendor-01/09/2026 |
LTV is less than guideline maximum - Required is 90 Borrower has 85 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 737 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6968599 | ||||
| XXXX | 10026565 | D | A | D | A | A | A | A | A | Closed | FCRE7009 | 2026-01-07 14:45 | 2026-01-09 13:18 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Received RCE/Check list. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. Replacement cost estimator (RCE) was provided with credit file beginning on page 637... uploaded another copy here as well.. - Seller-01/08/2026 Open-Insufficient Coverage Amount for Insured Subject Property. - Due Diligence Vendor-01/07/2026 |
Ready for Review-Document Uploaded. Replacement cost estimator (RCE) was provided with credit file beginning on page 637... uploaded another copy here as well.. - Seller-01/08/2026 |
Resolved-Received RCE/Check list. - Due Diligence Vendor-01/09/2026 |
LTV is less than guideline maximum - Required is 90 Borrower has 85 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 737 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6966979 | ||
| XXXX | XXXX | 10085632 | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2026-01-02 09:44 | 2026-02-02 13:33 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-After further review, the loan file contains the operating agreement and a SOS dated within 120 days of the Note date. CPA letter was not required. - Due Diligence Vendor-02/02/2026 Counter-Finding remains - Client provided PTIN letter again. Other documents provided cannot validate business is still open and operating. Provide proper documentation of borrowers SE per GL - Due Diligence Vendor-01/30/2026 Ready for Review-Document Uploaded. Underwriter confirmed that the letter from the PTIN was not used to verify anything, 50% expense ration was used and entity documentation provided documents all other information needed. PTIN exception should not be required, CPA letter can be ignored. - Buyer-01/28/2026 Counter-Received CPA letter. Letter indicate prepared by PTIN. Per Guideline, PTIN not permitted. - Due Diligence Vendor-01/13/2026 Ready for Review-Document Uploaded. CPA Letter. - Seller-01/12/2026 Open-Borrower 1 CPA Letter Missing Missing CPA letter from the loan file verifying the borrower's business, percentage of ownership, and at least 24 months of employment history - Due Diligence Vendor-01/02/2026 |
Ready for Review-Document Uploaded. CPA Letter. - Seller-01/12/2026 |
Resolved-After further review, the loan file contains the operating agreement and a SOS dated within 120 days of the Note date. CPA letter was not required. - Due Diligence Vendor-02/02/2026 |
Months Reserves exceed minimum required - Reserves = 59 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 707 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6892595 | |
| XXXX | XXXX | 10085632 | D | A | D | A | A | A | A | A | Closed | FCRE7805 | 2026-01-02 11:48 | 2026-01-21 13:40 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Income - Bank Statements | Resolved-Received missing XXXX and XXXX bank statements for account ending in XXXX - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. 1. XXXX. 2. XXXX. - Seller-01/16/2026 Open-Missing the XXXX and XXXX bank statements for account ending in XXXX - Due Diligence Vendor-01/02/2026 |
Ready for Review-Document Uploaded. 1. XXXX. 2. XXXX. - Seller-01/16/2026 |
Resolved-Received missing XXXX and XXXX bank statements for account ending in XXXX - Due Diligence Vendor-01/21/2026 |
Months Reserves exceed minimum required - Reserves = 59 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 707 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6896401 | |
| XXXX | XXXX | 10085632 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-01-02 11:51 | 2026-01-15 12:30 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received Verification of Mortgage. - Due Diligence Vendor-01/15/2026 Ready for Review-Document Uploaded. XXXX Mortgage Statement. - Seller-01/14/2026 Open-Missing a current mortgage statement for property XXXX (per the Final 1003) to verify mortgage payment and if it includes escrows. If not, documentation to verify taxes, insurance and any HOA dues must be provided. Additional conditions may apply. - Due Diligence Vendor-01/02/2026 |
Ready for Review-Document Uploaded. XXXX. - Seller-01/14/2026 |
Resolved-Received Verification of Mortgage. - Due Diligence Vendor-01/15/2026 |
Months Reserves exceed minimum required - Reserves = 59 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 707 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6896475 | |
| XXXX | XXXX | 10085632 | D | A | D | A | A | A | A | A | Closed | FCRE8701 | 2026-01-02 07:55 | 2026-01-13 18:10 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-The Business Entity Formation Document received. - Due Diligence Vendor-01/13/2026 Ready for Review-Document Uploaded. Entity Formation & IRS EIN. - Buyer-01/12/2026 Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. All Business Entity formation documentation and the I.R.S EIN number information is missing from the loan file. - Due Diligence Vendor-01/02/2026 |
Resolved-The Business Entity Formation Document received. - Due Diligence Vendor-01/13/2026 |
Months Reserves exceed minimum required - Reserves = 59 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 707 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6890444 | ||
| XXXX | XXXX | 10085632 | D | A | D | A | A | A | A | A | Closed | FCOM1350 | 2026-01-02 12:10 | 2026-01-13 18:10 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Signed Loan Agreement or Term Sheet | Resolved-After further review a Loan Agreement is not required. - Due Diligence Vendor-01/13/2026 Open-The Subject Loan is a Business Purpose Loan but the Loan Agreement/Term Sheet Doc is 'Missing'. Missing the Loan Agreement - Due Diligence Vendor-01/02/2026 |
Resolved-After further review a Loan Agreement is not required. - Due Diligence Vendor-01/13/2026 |
Months Reserves exceed minimum required - Reserves = 59 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 707 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6896957 | |||
| XXXX | XXXX | 10085632 | D | A | D | A | A | A | A | A | Closed | FCRE6019 | 2026-01-02 12:05 | 2026-01-13 12:46 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received front and back of borrower perm resident card. - Due Diligence Vendor-01/13/2026 Ready for Review-Document Uploaded. Photocopy of front and back of card. - Buyer-01/09/2026 Open-Borrower Citizenship Documentation Is Missing Missing a copy of the back of the borrower's Permanent Resident card that displays the Form # (upper left corner of card) - Due Diligence Vendor-01/02/2026 |
Resolved-Received front and back of borrower perm resident card. - Due Diligence Vendor-01/13/2026 |
Months Reserves exceed minimum required - Reserves = 59 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 707 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6896805 | ||
| XXXX | XXXX | 10085632 | D | A | D | A | A | A | A | A | Closed | FCRE1194 | 2026-01-02 12:34 | 2026-01-12 14:51 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-After further review, the lender does not stack LTV reductions. Max LTV is 75%. - Due Diligence Vendor-01/12/2026 Open-Audited LTV of 75% exceeds Guideline LTV of 70% P&L only 12/24mo FICO < 720 Max LTV is 75% + reduction for declining value = 70% max LTV - Due Diligence Vendor-01/02/2026 |
Resolved-After further review, the lender does not stack LTV reductions. Max LTV is 75%. - Due Diligence Vendor-01/12/2026 |
Months Reserves exceed minimum required - Reserves = 59 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 707 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6897696 | |||
| XXXX | XXXX | 9895753 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-01-02 09:47 | 2026-01-07 17:00 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received credit refresh. - Due Diligence Vendor-01/07/2026 Ready for Review-Document Uploaded. updated credit refresh report - Buyer-01/05/2026 Counter-Received credit refresh dated 12 days prior to Note date. Provide updated credit refresh within 10 days of closing. - Due Diligence Vendor-01/05/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/02/2026 Open-Borrower 1 Gap Credit Report is Missing , additional conditions may apply - Due Diligence Vendor-01/02/2026 |
Resolved-Received credit refresh. - Due Diligence Vendor-01/07/2026 |
LTV is less than guideline maximum - LTV maximum is 70 Borrower has 65 Required is 70 Borrower has 65 Qualifying DTI below maximum allowed - DTI is 50 Borrower has 24.27 Required is 50 Borrower has 24.27 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6892653 | ||
| XXXX | XXXX | 9895753 | D | A | D | A | A | A | A | A | Closed | FCRE1201 | 2025-12-31 15:28 | 2026-01-05 12:02 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received third party fraud report. - Due Diligence Vendor-01/05/2026 Ready for Review-Document Uploaded. drive report - Buyer-01/02/2026 Open-Missing Third Party Fraud Report , additional conditions may apply - Due Diligence Vendor-01/02/2026 |
Resolved-Received third party fraud report. - Due Diligence Vendor-01/05/2026 |
LTV is less than guideline maximum - LTV maximum is 70 Borrower has 65 Required is 70 Borrower has 65 Qualifying DTI below maximum allowed - DTI is 50 Borrower has 24.27 Required is 50 Borrower has 24.27 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6880825 | ||
| XXXX | XXXX | 10085635 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 10005718 | C | A | C | A | A | A | A | A | Closed | FCRE0075 | 2026-01-02 13:04 | 2026-01-12 11:27 | Resolved | 1 - Information | C | A | Credit | Eligibility | CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration | Resolved-Updated 1003 and Lender cert. stating it was marked in error was provided. - Due Diligence Vendor-01/12/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-01/09/2026 Open-CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration. Initial and final 1003 reflects borrower is a co-signor or guarantor on debt that is not disclosed on the application. - Due Diligence Vendor-01/02/2026 |
Resolved-Updated 1003 and Lender cert. stating it was marked in error was provided. - Due Diligence Vendor-01/12/2026 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8. Borrower has 1.024. Required is 0.8 Borrower has 1.024 LTV is less than guideline maximum - Required is 80. Borrower has 70. Required is 80 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 700. Borrower has 813. Required is 700 Borrower has 813 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6898781 | ||
| XXXX | XXXX | 10066024 | A | A | A | A | A | A | A | A | A | A | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXXX | XXXX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 10026446 | C | A | C | A | C | A | A | A | Closed | FCRE9501 | 2026-01-09 12:15 | 2026-01-23 06:44 | Resolved | 1 - Information | C | A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Updated transaction histories provided. Large deposit is sourced. The borrower’s in the car rental business and the deposit clearly shows from XXXX. - Due Diligence Vendor-01/23/2026 Ready for Review-Document Uploaded. Please see uploaded bank statements. - Seller-01/20/2026 Counter-Documented assets - balance in XXXX as of XXXX is XXXX and XXXX as of XXXX is XXXX for a total assets of XXXX. XXXX cash required at close. Finding remains. - Due Diligence Vendor-01/15/2026 Ready for Review-Borrower's asset has a total of XXXX vs. cash to close at XXXX - Seller-01/14/2026 Open-Total Qualified Assets Post-Close amount is 'XXXX'. Assets are Insufficient. - Due Diligence Vendor-01/09/2026 |
Ready for Review-Document Uploaded. Please see uploaded bank statements. - Seller-01/20/2026 Ready for Review-Borrower's asset has a total of XXXX vs. cash to close at XXXX - Seller-01/14/2026 |
Resolved-Updated transaction histories provided. Large deposit is sourced. The borrower’s in the XXXX and the deposit clearly shows from XXXX. - Due Diligence Vendor-01/23/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.64 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 661 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7010628 | ||
| XXXX | 10026446 | C | A | C | A | C | A | A | A | Closed | FCRE0080 | 2026-01-08 09:40 | 2026-01-22 11:51 | Resolved | 1 - Information | C | A | Credit | Eligibility | Pre-Foreclosure Sale or Short Sale in past 7 years according to the 1003 declaration | Resolved-The matrix indicates the Foreclosure seasoning is >12 months up to a 70% LTV. - Due Diligence Vendor-01/22/2026 Ready for Review-Per Non-XXXX matrix dated 10/28 states > 12 mos - Due Diligence Vendor-01/14/2026 Open-Pre-Foreclosure Sale or Short Sale in past 7 years according to the 1003 declaration. 12 months per guides section 1.5.8. Per "Credit" section of the Non-QHEM XXXX matrix, states minimum > 48 months. Lender to clarify. - Due Diligence Vendor-01/09/2026 |
Resolved-The matrix indicates the Foreclosure seasoning is >12 months up to a 70% LTV. - Due Diligence Vendor-01/22/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.64 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 661 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6980969 | ||||
| XXXX | 10026446 | C | A | C | A | C | A | A | A | Closed | FCRE1198 | 2026-01-09 12:26 | 2026-01-15 11:06 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Upon further review, the LTV is 70%. Guidelines state no reserves required for LTV's < 75% - Due Diligence Vendor-01/15/2026 Ready for Review-Per Client - per GLs reserves are not required for LTV < 75% - Due Diligence Vendor-01/14/2026 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-01/09/2026 |
Resolved-Upon further review, the LTV is 70%. Guidelines state no reserves required for LTV's < 75% - Due Diligence Vendor-01/15/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.64 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 661 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7010904 | ||||
| XXXX | 10026446 | C | A | C | A | C | A | A | A | Closed | finding-3634 | 2026-01-08 10:38 | 2026-01-12 08:39 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-01/12/2026 Open-This loan failed the charges that cannot increase 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).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $75.00.Please see the Tolerance Comparison 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). ------Zero (0%) tolerance fees increased by $75.00 Appraisal Re-Inspection Fee without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $75.00, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 1 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-01/08/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-01/12/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.64 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 661 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6983910 | ||||
| XXXX | XXXX | 10085643 | D | B | D | B | A | A | A | A | Closed | FCRE8700 | 2026-01-05 07:38 | 2026-01-21 12:50 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Missing EIN Number for Business Entity | Resolved-Received EIN. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. IRA EIN. - Buyer-01/20/2026 Open-Business Entity EIN value is invalid (Field value is ''). No EIN document uploaded for business. - Due Diligence Vendor-01/05/2026 |
Resolved-Received EIN. - Due Diligence Vendor-01/21/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 790 Required is 700 Borrower has 790 Qualifying DTI below maximum allowed - Required is 50 Borrower has 33.64 Required is 50 Borrower has 33.64 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6911049 | ||
| XXXX | XXXX | 10085643 | D | B | D | B | A | A | A | A | Closed | FCRE0969 | 2026-01-05 09:23 | 2026-01-12 14:47 | Waived | 2 - Non-Material | B | B | Credit | Closing | Prepayment Penalty Issue | Waived-Per XXXX a prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XXXX Law, a prepayment penalty is not permitted to be charged to an LLC. Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-01/12/2026 Open-Note signed as LLC in XXXX with Prepay not allowed. - Due Diligence Vendor-01/05/2026 |
Waived-Per XXXX a prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XXXX Law, a prepayment penalty is not permitted to be charged to an LLC. Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-01/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 790 Required is 700 Borrower has 790 Qualifying DTI below maximum allowed - Required is 50 Borrower has 33.64 Required is 50 Borrower has 33.64 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 6912391 | |||
| XXXX | XXXX | 10066012 | D | A | D | A | A | A | A | A | Closed | FCRE0008 | 2026-01-07 17:21 | 2026-01-15 11:13 | Resolved | 1 - Information | C | A | Credit | Eligibility | Prepayment Penalty Discrepancy | Resolved-Updated page one of prepayment rider and addendum to Note provided. - Due Diligence Vendor-01/15/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-01/13/2026 Counter-Approval provided, please provide PPP Rider and Addendum with the total months of prepayment - Due Diligence Vendor-01/12/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/08/2026 Open-PPP Rider and addendum is missing total months of prepayment - Due Diligence Vendor-01/07/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-01/13/2026 |
Resolved-Updated page one of prepayment rider and addendum to Note provided. - Due Diligence Vendor-01/15/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 767 Required is 700 Borrower has 767 Months Reserves exceed minimum required - 26 months PITIA reserves; 6 months reserves required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6970028 | |
| XXXX | XXXX | 10066012 | D | A | D | A | A | A | A | A | Closed | FCRE0070 | 2026-01-07 17:14 | 2026-01-12 14:46 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (3) | Resolved-Received Approval - Due Diligence Vendor-01/12/2026 Ready for Review-Document Uploaded. This document was delivered with intiial loan file. XXXX approved it as our lender approval. Please inform reviewing team as we get conditioned on every file for it - Seller-01/08/2026 Open-Missing Approval/Underwriting Summary Missing Underwriting Summary - Due Diligence Vendor-01/07/2026 |
Ready for Review-Document Uploaded. This document was delivered with intiial loan file. XXXX approved it as our lender approval. Please inform reviewing team as we get conditioned on every file for it - Seller-01/08/2026 |
Resolved-Received Approval - Due Diligence Vendor-01/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 767 Required is 700 Borrower has 767 Months Reserves exceed minimum required - 26 months PITIA reserves; 6 months reserves required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6969864 | |
| XXXX | XXXX | 10066012 | D | A | D | A | A | A | A | A | Closed | FCRE0043 | 2026-01-07 14:58 | 2026-01-12 14:45 | Resolved | 1 - Information | D | A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-01/12/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-01/08/2026 Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-01/07/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-01/08/2026 |
Resolved-Received DSCR Calculation - Due Diligence Vendor-01/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 767 Required is 700 Borrower has 767 Months Reserves exceed minimum required - 26 months PITIA reserves; 6 months reserves required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6967316 | |
| XXXX | XXXX | 10066012 | D | A | D | A | A | A | A | A | Closed | FCRE0184 | 2026-01-07 17:12 | 2026-01-12 14:45 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Cash-out Letter on a Business Purpose Loan | Resolved-Upon further review, cash-out letter is not required. - Due Diligence Vendor-01/12/2026 Ready for Review-This is not a guideline requirement - Buyer-01/08/2026 Open-Missing Cash-out Letter on a Business Purpose Loan. - Due Diligence Vendor-01/07/2026 |
Resolved-Upon further review, cash-out letter is not required. - Due Diligence Vendor-01/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 767 Required is 700 Borrower has 767 Months Reserves exceed minimum required - 26 months PITIA reserves; 6 months reserves required. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6969837 | |||
| XXXX | XXXX | 10066012 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2026-01-07 17:08 | 2026-01-12 14:41 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received Rent Free Letter - Due Diligence Vendor-01/12/2026 Ready for Review-Document Uploaded. Housing History - we have the letter from the owner of the property and the mortgage statement from XXXX - Buyer-01/08/2026 Open-Housing History Does Not Meet Guideline Requirements Missing primary residence payment history - Due Diligence Vendor-01/07/2026 |
Resolved-Received Rent Free Letter - Due Diligence Vendor-01/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 767 Required is 700 Borrower has 767 Months Reserves exceed minimum required - 26 months PITIA reserves; 6 months reserves required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6969783 | ||
| XXXX | XXXX | 10066012 | D | A | D | A | A | A | A | A | Closed | FCRE6618 | 2026-01-07 17:19 | 2026-01-12 14:40 | Resolved | 1 - Information | C | A | Credit | Borrower | Borrower information on 1003 is incomplete | Resolved-Upon further review, Loan Application in the loan file is sufficient. - Due Diligence Vendor-01/12/2026 Ready for Review-Final application not required on DSCR loans. Please make reference to license for DOB and Credit Report for SSN. The Borrower's current address is listed on the application, under Borrower information - Seller-01/08/2026 Open-Final application is missing DOB, SSN, current primary own/rent. Additional conditions may apply. - Due Diligence Vendor-01/07/2026 |
Ready for Review-Final application not required on DSCR loans. Please make reference to license for DOB and Credit Report for SSN. The Borrower's current address is listed on the application, under Borrower information - Seller-01/08/2026 |
Resolved-Upon further review, Loan Application in the loan file is sufficient. - Due Diligence Vendor-01/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 767 Required is 700 Borrower has 767 Months Reserves exceed minimum required - 26 months PITIA reserves; 6 months reserves required. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6970003 | ||
| XXXX | XXXX | 10026838 | D | B | D | B | A | A | A | A | Closed | FCOM1352 | 2026-01-06 14:25 | 2026-01-12 14:43 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Business purpose affidavit provided. - Due Diligence Vendor-01/12/2026 Counter-Layered or Nested Entities are not permitted per the guidelines. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/08/2026 Open-The Business Purpose Affidavit Disclosure is Missing The business purpose disclosure is signed; however, the name of the LLC on the document is not the same LLC as reflected on the Note and Mortgage documents. Subject to additional conditions. - Due Diligence Vendor-01/06/2026 |
Resolved-Business purpose affidavit provided. - Due Diligence Vendor-01/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 777 Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.92 LTV is less than guideline maximum - Required is 80 Borrower has 58.44 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6941848 | ||
| XXXX | XXXX | 10026838 | D | B | D | B | A | A | A | A | Closed | FCRE1252 | 2026-01-06 14:26 | 2026-01-12 14:42 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Title Document is Incomplete | Resolved-Exception in file for a layered entity. Title policy is acceptable. - Due Diligence Vendor-01/12/2026 Counter-Client Comments - The difference is the Signature lines because this is a layered entity and out attorney review for the LLC instructed who needed to sign on behalf of the LLC. -AUDIT Response -Layered or Nested Entities are not permitted per guidelines. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-01/08/2026 Open-Title Document is Incomplete The proposed insured is not the same LLC as reflected on the Note and Mortgage. Subject to additional conditions. - Due Diligence Vendor-01/06/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-01/08/2026 |
Resolved-Exception in file for a layered entity. Title policy is acceptable. - Due Diligence Vendor-01/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 777 Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.92 LTV is less than guideline maximum - Required is 80 Borrower has 58.44 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6941865 | |
| XXXX | XXXX | 10026838 | D | B | D | B | A | A | A | A | Closed | FCRE1201 | 2026-01-06 09:37 | 2026-01-08 14:35 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report with All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-01/06/2026 Open-Missing Third Party Fraud Report Missing from loan file - Due Diligence Vendor-01/06/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-01/06/2026 |
Resolved-Received Fraud Report with All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-01/08/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 777 Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.92 LTV is less than guideline maximum - Required is 80 Borrower has 58.44 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6932545 | |
| XXXX | XXXX | 10026838 | D | B | D | B | A | A | A | A | Closed | FCRE8702 | 2026-01-06 10:51 | 2026-01-08 10:30 | Waived | 2 - Non-Material | C | B | Credit | Borrower | Business Entity Formation Document is Incomplete | Waived-Client exception granted to allow layered entity, Non-material waiver applied with comp factors. nonmaterial due to DTI XXXX, XXXX LTV and Fico 777 - Due Diligence Vendor-01/08/2026 Open-The Business Entity Formation Document is incomplete Exception for layered entity. The XXXX is owned by XXXX. Our Borrower and Co Borrower are 50/ 50 owners of both XXXX and XXXX. Approval exception in loan file; however exception request form is missing. - Due Diligence Vendor-01/06/2026 |
Waived-Client exception granted to allow layered entity, Non-material waiver applied with comp factors. nonmaterial due to DTI XXXX, XXXX LTV and Fico 777 - Due Diligence Vendor-01/08/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 777 Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.92 LTV is less than guideline maximum - Required is 80 Borrower has 58.44 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Investor Post-Close | No | 6934333 | |||
| XXXX | XXXX | 10026834 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10066016 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 10066011 | D | A | D | A | A | A | A | A | Closed | FCRE1201 | 2026-01-12 11:21 | 2026-01-16 12:49 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received fraud report. - Due Diligence Vendor-01/16/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/15/2026 Open-Missing Third Party Fraud Report - Due Diligence Vendor-01/12/2026 |
Resolved-Received fraud report. - Due Diligence Vendor-01/16/2026 |
Months Reserves exceed minimum required - 30 months PITIA reserves; 3 months reserves required. DSCR % greater than 1.20 - o DSCR 1.31 is above the minimum required DSCR of 1.0 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7043815 | ||
| XXXX | XXXX | 10066011 | D | A | D | A | A | A | A | A | Closed | FCRE1241 | 2026-01-12 11:04 | 2026-01-16 12:47 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Received ratified purchase contract. - Due Diligence Vendor-01/16/2026 Ready for Review-Document Uploaded. Due diligence deposit is reflected on final CD - Buyer-01/14/2026 Counter-Received Purchase contract reflecting $2000 Due Diligence Deposit not reflect on final CD. CD Reflected $5000 EMD disclosed on contract. - Due Diligence Vendor-01/14/2026 Ready for Review-Document Uploaded. Purchase agreement - Buyer-01/12/2026 Open-Loan Purpose is Purchase but Purchase Contract is Missing. - Due Diligence Vendor-01/12/2026 |
Resolved-Received ratified purchase contract. - Due Diligence Vendor-01/16/2026 |
Months Reserves exceed minimum required - 30 months PITIA reserves; 3 months reserves required. DSCR % greater than 1.20 - o DSCR 1.31 is above the minimum required DSCR of 1.0 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7041961 | ||
| XXXX | 10101430 | D | A | D | A | A | A | A | A | Closed | FCOM1220 | 2026-01-08 15:47 | 2026-01-22 10:29 | Resolved | 1 - Information | D | A | Credit | Missing Doc | The Deed of Trust is Missing | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-01/22/2026 Ready for Review-Document Uploaded. Recorded DOT with legal description provided. Please clear finding. - Seller-01/20/2026 Open-The Deed of Trust is Missing Missing Deed of Trust and all Riders. - Due Diligence Vendor-01/08/2026 |
Ready for Review-Document Uploaded. Recorded DOT with legal description provided. Please clear finding. - Seller-01/20/2026 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-01/22/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 778 is higher than the required 620. Required is 620 Borrower has 778 LTV is less than guideline maximum - LTV 70% is lower than maximum 80%. Required is 80 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 6992937 | ||
| XXXX | XXXX | 10088636 | D | B | D | B | A | A | A | A | Closed | FCRE7497 | 2026-01-08 13:56 | 2026-01-16 12:28 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received 1003 removing the properties, review included the Lenders estimated PITIA to be conservative. - Due Diligence Vendor-01/16/2026 Ready for Review-Document Uploaded. - Buyer-01/15/2026 Ready for Review-Document Uploaded. 1. 1008 removing properies in contract 2. 1003 removing properies in contract - Buyer-01/14/2026 Counter-Received 1008. Finding remains. - Due Diligence Vendor-01/13/2026 Ready for Review-Document Uploaded. 1. XXXX is a new application.... enclosed is the proposed 1008 2. XXXX is a new application.... enclosed is the proposed 1008 - Buyer-01/12/2026 Open-Verification of current PITI for REO's 3g and 3h not provided - Due Diligence Vendor-01/08/2026 |
Resolved-Received 1003 removing the properties, review included the Lenders estimated PITIA to be conservative. - Due Diligence Vendor-01/16/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 735 LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.41 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6990772 | ||
| XXXX | XXXX | 10088636 | D | B | D | B | A | A | A | A | Closed | FCRE3599 | 2026-01-08 13:59 | 2026-01-16 12:20 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Borrower owns more financed properties than allowed per guidelines | Waived-Client provided a waiver for exceeding the maximum exposure., applied to non material finding with comp factors - Due Diligence Vendor-01/16/2026 Ready for Review-Document Uploaded. Investor approval - Buyer-01/15/2026 Counter-Received exception request. Missing client exception approval. - Due Diligence Vendor-01/13/2026 Ready for Review-Document Uploaded. Exception for exposure - Buyer-01/12/2026 Open-Exception request for exposure over 7.5 million for 1 borrower. Exception on file is from the originator, we need an exception from XXXX, Loan is an XXXX Loan. - Due Diligence Vendor-01/09/2026 |
Waived-Client provided a waiver for exceeding the maximum exposure., applied to non material finding with comp factors - Due Diligence Vendor-01/16/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 735 LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.41 |
Experienced Investor FICO 735, Monthly Income XXXX, Residual Income: XXXX, Long term homeownership, Long term employment, DTI is around than 26%, Will b able to show 12 months reserves | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 6990842 | |
| XXXX | XXXX | 10085640 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-01-09 11:36 | 2026-01-21 13:46 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Affidavit of Non-Occupancy, Investment Property and commercial confirming no personal use. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/16/2026 Counter-Received business purpose and occupancy affidavit. Form does not specifically address use of proceeds from loan. Provide affidavit confirming proceeds for business purpose. - Due Diligence Vendor-01/15/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/14/2026 Open-The Business Purpose Affidavit Disclosure is Missing Please provide Business Purpose and Occupancy Affidavit (XXXX specific) as required per guidelines. - Due Diligence Vendor-01/09/2026 |
Resolved-Received Affidavit of Non-Occupancy, Investment Property and commercial confirming no personal use. - Due Diligence Vendor-01/21/2026 |
Months Reserves exceed minimum required - Needed is 3, confirmed is 134. Credit history exceeds minimum required - Credit history > 24 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7009539 | ||
| XXXX | XXXX | 10085640 | D | A | D | A | A | A | A | A | Closed | FCOM9450 | 2026-01-09 12:25 | 2026-01-15 12:22 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Property 1: Missing Lease Agreement | Resolved-Received Agreement to manage - Due Diligence Vendor-01/15/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-01/14/2026 Open-Provide management doc confirmation showing XXXX is the management company for XXXX investments. - Due Diligence Vendor-01/09/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-01/14/2026 |
Resolved-Received Agreement to manage - Due Diligence Vendor-01/15/2026 |
Months Reserves exceed minimum required - Needed is 3, confirmed is 134. Credit history exceeds minimum required - Credit history > 24 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7010862 | |
| XXXX | XXXX | 10085640 | D | A | D | A | A | A | A | A | Closed | FCRE0134 | 2026-01-09 12:13 | 2026-01-15 12:21 | Resolved | 1 - Information | C | A | Credit | Eligibility | Issue with First Payment Letter | Resolved-Received 1st payment letter. - Due Diligence Vendor-01/15/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-01/14/2026 Open-There is an issue with First Payment Letter. Missing final closing disclosure for comparison. - Due Diligence Vendor-01/09/2026 |
Resolved-Received 1st payment letter. - Due Diligence Vendor-01/15/2026 |
Months Reserves exceed minimum required - Needed is 3, confirmed is 134. Credit history exceeds minimum required - Credit history > 24 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7010586 | ||
| XXXX | XXXX | 10099440 | C | A | C | A | A | A | C | A | Closed | FCRE0035 | 2026-01-14 15:46 | 2026-02-18 11:32 | Resolved | 1 - Information | C | A | Credit | Eligibility | Leasehold does not meet guideline requirement | Resolved-Received ground Rent Redemption Deed. - Due Diligence Vendor-02/13/2026 Ready for Review-Document Uploaded. fee simple deed - Buyer-02/11/2026 Open-Does the leasehold meet guideline requirements? If it does meet the requirements, update the condition status to Rescinded. Leasehold does not meet guides - as our mortgage expires in 2055 and our leasehold expires in XXXX. - Due Diligence Vendor-01/14/2026 |
Resolved-Received ground Rent Redemption Deed. - Due Diligence Vendor-02/13/2026 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.098 Required is 0.8 Borrower has 1.098 Months Reserves exceed minimum required - We have 142.72 mos of reserves verified and we only needed 3 mos for reserves. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7094605 | ||
| XXXX | XXXX | 10099440 | C | A | C | A | A | A | C | A | Closed | FCRE0073 | 2026-01-14 15:46 | 2026-02-18 11:31 | Resolved | 1 - Information | C | A | Credit | Eligibility | Lease Hold Expires before the Maturity | Resolved-Received ground Rent Redemption Deed. Subject is now fee simple. - Due Diligence Vendor-02/13/2026 Ready for Review-Document Uploaded. fee simple deed - Buyer-02/11/2026 Open-Lease Hold Expires before the Maturity. Leasehold expires XXXX - our mortgage expires XXXX. Leasehold expires before maturity of property. - Due Diligence Vendor-01/14/2026 |
Resolved-Received ground Rent Redemption Deed. Subject is now fee simple. - Due Diligence Vendor-02/13/2026 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.098 Required is 0.8 Borrower has 1.098 Months Reserves exceed minimum required - We have 142.72 mos of reserves verified and we only needed 3 mos for reserves. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7094606 | ||
| XXXX | XXXX | 10099440 | C | A | C | A | A | A | C | A | Closed | FPRO1257 | 2026-01-14 16:03 | 2026-02-13 12:02 | Resolved | 1 - Information | C | A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received Field Review. Value supported. - Due Diligence Vendor-02/13/2026 Ready for Review-Document Uploaded. desk review to support value - Buyer-02/11/2026 Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. Provide acceptable Desk Review or an additional secondary value as XXXX SSR is at 2.6 and XXXX does not provide score. - Due Diligence Vendor-01/15/2026 |
Resolved-Received Field Review. Value supported. - Due Diligence Vendor-02/13/2026 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.098 Required is 0.8 Borrower has 1.098 Months Reserves exceed minimum required - We have 142.72 mos of reserves verified and we only needed 3 mos for reserves. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7094857 | ||
| XXXX | XXXX | 10005699 | D | A | D | A | A | A | A | A | Closed | FCRE1437 | 2026-01-14 14:39 | 2026-02-23 11:46 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-XXXX statement for XXXX. - Due Diligence Vendor-02/23/2026 Counter-Received XXXX statement for XXXX. Missing XXXX statement for XXXX. - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-02/17/2026 Counter-March statement for XXXX provided, however we are missing XXXX statement for XXXX - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/02/2026 Open-Income and Employment Do Not Meet Guidelines Missing XXXX XXXX stmt for employment 1. Missing 1st payment letter or equivalent for other purchase closing simultaneously. Additional conditions may apply. - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-02/17/2026 |
Resolved-March XXXX statement for XXXX. - Due Diligence Vendor-02/23/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 784 Required is 660 Borrower has 784 LTV is less than guideline maximum - Required is 80 Borrower has 58.63 Required is 80 Borrower has 58.63 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.59 Required is 50 Borrower has 16.59 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7092916 | |
| XXXX | XXXX | 10005699 | D | A | D | A | A | A | A | A | Closed | FCRE1206 | 2026-01-14 14:57 | 2026-02-03 12:33 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Received Fraud Report w/All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 Open-All Interested Parties Not Checked with Exclusionary Lists Appraiser company is incomplete. Please input entire name. - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 |
Resolved-Received Fraud Report w/All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-02/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 784 Required is 660 Borrower has 784 LTV is less than guideline maximum - Required is 80 Borrower has 58.63 Required is 80 Borrower has 58.63 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.59 Required is 50 Borrower has 16.59 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7093291 | |
| XXXX | XXXX | 10005699 | D | A | D | A | A | A | A | A | Closed | FCRE1204 | 2026-01-14 14:57 | 2026-02-03 12:33 | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received Fraud Report w/All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/02/2026 Open-Fraud Report Shows Uncleared Alerts Please clear all high alerts. - Due Diligence Vendor-01/14/2026 |
Resolved-Received Fraud Report w/All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-02/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 784 Required is 660 Borrower has 784 LTV is less than guideline maximum - Required is 80 Borrower has 58.63 Required is 80 Borrower has 58.63 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.59 Required is 50 Borrower has 16.59 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7093292 | ||
| XXXX | XXXX | 10005699 | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2026-01-14 14:39 | 2026-02-03 12:31 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received EA letter and verification. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 Open-Borrower 1 CPA Letter Missing Provide licensing proof for the Enrolled agent who prepared the employment letter. Document does not show the EA licensing number. - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 |
Resolved-Received EA letter and verification. - Due Diligence Vendor-02/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 784 Required is 660 Borrower has 784 LTV is less than guideline maximum - Required is 80 Borrower has 58.63 Required is 80 Borrower has 58.63 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.59 Required is 50 Borrower has 16.59 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7092914 | |
| XXXX | XXXX | 10005699 | D | A | D | A | A | A | A | A | Closed | FCRE1491 | 2026-01-14 16:49 | 2026-02-03 12:29 | Resolved | 1 - Information | C | A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Received CD, excluded cash to close from assets. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 Open-Asset Qualification Does Not Meet Guideline Requirements Provide proof of cash needed to close simultaneous purchase. - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 |
Resolved-Received CD, excluded cash to close from assets. - Due Diligence Vendor-02/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 784 Required is 660 Borrower has 784 LTV is less than guideline maximum - Required is 80 Borrower has 58.63 Required is 80 Borrower has 58.63 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.59 Required is 50 Borrower has 16.59 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7095519 | |
| XXXX | XXXX | 10005699 | D | A | D | A | A | A | A | A | Closed | FCRE8013 | 2026-01-14 13:44 | 2026-02-03 12:18 | Resolved | 1 - Information | C | A | Credit | Eligibility | Purchase Contract Issue | Resolved-Received purchase contract with all addendums. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. Addendum 3 to the contact to be provided - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 |
Resolved-Received purchase contract with all addendums. - Due Diligence Vendor-02/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 784 Required is 660 Borrower has 784 LTV is less than guideline maximum - Required is 80 Borrower has 58.63 Required is 80 Borrower has 58.63 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.59 Required is 50 Borrower has 16.59 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7091731 | |
| XXXX | XXXX | 10005699 | D | A | D | A | A | A | A | A | Closed | FCRE8701 | 2026-01-14 12:55 | 2026-02-03 12:17 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received Business Entity documentation. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. Provide Business Entity Formation Documents and proof of EIN. Additional conditions may apply. - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 |
Resolved-Received Business Entity documentation. - Due Diligence Vendor-02/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 784 Required is 660 Borrower has 784 LTV is less than guideline maximum - Required is 80 Borrower has 58.63 Required is 80 Borrower has 58.63 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.59 Required is 50 Borrower has 16.59 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7090466 | |
| XXXX | XXXX | 10005700 | D | A | D | A | A | A | A | A | Closed | FCRE8701 | 2026-01-14 16:16 | 2026-02-20 13:33 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received Operating Agreement - Due Diligence Vendor-02/20/2026 Ready for Review-Document Uploaded. 1. Missing Operating Agreement 2. Operating Agreement - Buyer-02/19/2026 Counter-Received EIN, Good Standing and Formation. Missing Operating Agreement. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. Provide all business entity formation docs including the EIN. Additional conditions may apply. - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 |
Resolved-Received Operating Agreement - Due Diligence Vendor-02/20/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 58.63 Required is 80 Borrower has 58.63 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.59 Required is 50 Borrower has 16.59 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 784 Required is 660 Borrower has 784 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7095032 | |
| XXXX | XXXX | 10005700 | D | A | D | A | A | A | A | A | Closed | FCRE1206 | 2026-01-14 17:00 | 2026-02-03 12:10 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Received updated fraud report reflecting interested parties cleared. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 Open-All Interested Parties Not Checked with Exclusionary Lists Appraiser company to be cleared. - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 |
Resolved-Received updated fraud report reflecting interested parties cleared. - Due Diligence Vendor-02/03/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 58.63 Required is 80 Borrower has 58.63 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.59 Required is 50 Borrower has 16.59 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 784 Required is 660 Borrower has 784 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7095664 | |
| XXXX | XXXX | 10005700 | D | A | D | A | A | A | A | A | Closed | FCRE1204 | 2026-01-14 17:00 | 2026-02-03 12:10 | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received updated fraud report reflecting high alerts addressed. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 Open-Fraud Report Shows Uncleared Alerts All high alerts to be cleared. - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 |
Resolved-Received updated fraud report reflecting high alerts addressed. - Due Diligence Vendor-02/03/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 58.63 Required is 80 Borrower has 58.63 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.59 Required is 50 Borrower has 16.59 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 784 Required is 660 Borrower has 784 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7095665 | |
| XXXX | XXXX | 10005700 | D | A | D | A | A | A | A | A | Closed | FCRE8013 | 2026-01-14 16:28 | 2026-02-03 12:08 | Resolved | 1 - Information | C | A | Credit | Eligibility | Purchase Contract Issue | Resolved-Received ratified addendum 2 of purchase contract. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/02/2026 Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. Provide addendum 2. - Due Diligence Vendor-01/14/2026 |
Resolved-Received ratified addendum 2 of purchase contract. - Due Diligence Vendor-02/03/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 58.63 Required is 80 Borrower has 58.63 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.59 Required is 50 Borrower has 16.59 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 784 Required is 660 Borrower has 784 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7095215 | ||
| XXXX | XXXX | 10005700 | D | A | D | A | A | A | A | A | Closed | FCRE1491 | 2026-01-14 17:17 | 2026-02-03 12:04 | Resolved | 1 - Information | C | A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Received final CD for additional property purchased simultaneous. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/02/2026 Open-Asset Qualification Does Not Meet Guideline Requirements Provide final settlement statement/closing disclosure for property closing simultaneously. - Due Diligence Vendor-01/14/2026 |
Resolved-Received final CD for additional property purchased simultaneous. - Due Diligence Vendor-02/03/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 58.63 Required is 80 Borrower has 58.63 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.59 Required is 50 Borrower has 16.59 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 784 Required is 660 Borrower has 784 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7095876 | ||
| XXXX | XXXX | 10005700 | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2026-01-14 16:47 | 2026-02-03 11:57 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received tax preparers EA license validation. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 Open-Borrower 1 CPA Letter Missing CPA letter incomplete. Provide license information. - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/02/2026 |
Resolved-Received tax preparers EA license validation. - Due Diligence Vendor-02/03/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 58.63 Required is 80 Borrower has 58.63 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.59 Required is 50 Borrower has 16.59 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 784 Required is 660 Borrower has 784 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7095487 | |
| XXXX | XXXX | 9694059 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2026-01-14 10:03 | 2026-01-22 12:18 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Per guidelines only a rent free letter is required. - Due Diligence Vendor-01/22/2026 Counter-Received Rent free letter. To be eligible, the non-borrowing spouse must provide a rent-free letter, and evidence of an acceptable 12-month acceptable housing payment history. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. Please see attached rent free LOE. - Buyer-01/16/2026 Open-Housing History Does Not Meet Guideline Requirements Per guidelines, housing history for the DSCR Doc type is limited to verifying the borrower’s primary residence and the subject property if a refinance transaction. In this loan file, only subject housing history is verified. No verification or 12 months history for primary residence is provided. - Due Diligence Vendor-01/14/2026 |
Resolved-Per guidelines only a rent free letter is required. - Due Diligence Vendor-01/22/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 69.11 Required is 75 Borrower has 69.11 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 760 Required is 700 Borrower has 760 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7085176 | ||
| XXXX | XXXX | 9694059 | D | A | D | A | A | A | A | A | Closed | FCRE0177 | 2026-01-14 09:35 | 2026-01-21 13:36 | Resolved | 1 - Information | D | A | Credit | Eligibility | Missing Third Party Market Rent Source | Resolved-Received 1007. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. Please see attached 1007. - Buyer-01/16/2026 Open-Missing Third Party Market Rent Source Missing 1007 from loan file. - Due Diligence Vendor-01/14/2026 |
Resolved-Received 1007. - Due Diligence Vendor-01/21/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 69.11 Required is 75 Borrower has 69.11 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 760 Required is 700 Borrower has 760 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7084552 | ||
| XXXX | 10026522 | D | A | D | A | A | A | A | A | Closed | FCRE4989 | 2026-01-21 08:01 | 2026-01-27 11:06 | Resolved | 1 - Information | C | A | Credit | Closing | Collections, liens or judgments not paid at closing | Resolved-Received payoff confirmation for XXXX amount owed. - Due Diligence Vendor-01/27/2026 Ready for Review-Document Uploaded. Please see uploaded CPA for tax lien, IRS payoff from borrower & XXXX account transcript - Seller-01/26/2026 Open-The Final Closing Statement reflects a payment to the XXXX for XXXX. The file does not contain any documentation from the XXXX to reflect that the total amount due to pay off the borrower's tax lien was XXXX. - Due Diligence Vendor-01/21/2026 |
Ready for Review-Document Uploaded. Please see uploaded CPA for tax lien, XXXX payoff from borrower & XXXX account transcript - Seller-01/26/2026 |
Resolved-Received payoff confirmation for IRS amount owed. - Due Diligence Vendor-01/27/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 62.5 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 747 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7199904 | ||
| XXXX | 10026522 | D | A | D | A | A | A | A | A | Closed | FCRE1155 | 2026-01-21 07:35 | 2026-01-27 11:01 | Resolved | 1 - Information | C | A | Credit | Insurance | Subject Property Address on Note does not match Insured Property Address | Resolved-Received correct HOI policy. - Due Diligence Vendor-01/27/2026 Ready for Review-Document Uploaded. Please see updated HOI - Seller-01/26/2026 Open-Subject Property on Note does not match Insured Property Address The title report reflects that the subject property is located in XXXX. However, the hazard insurance declarations page reflects XXXX. - Due Diligence Vendor-01/21/2026 |
Ready for Review-Document Uploaded. Please see updated HOI - Seller-01/26/2026 |
Resolved-Received correct HOI policy. - Due Diligence Vendor-01/27/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 62.5 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 747 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7198418 | ||
| XXXX | 10026522 | D | A | D | A | A | A | A | A | Closed | FCRE1326 | 2026-01-21 11:03 | 2026-01-26 12:26 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 YTD Profit & Loss Missing | Resolved-/The p & L date is listed on the tope of the P & L, dated XXXX. - Due Diligence Vendor-01/26/2026 Open-Borrower 1 YTD Profit & Loss Missing P&L signed by the borrower is missing the date documented by the borrower. - Due Diligence Vendor-01/21/2026 |
Resolved-/The p & L date is listed on the tope of the P & L, dated XXXX. - Due Diligence Vendor-01/26/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 62.5 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 747 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7205800 | ||||
| XXXX | 10026522 | D | A | D | A | A | A | A | A | Closed | FCRE1342 | 2026-01-21 07:48 | 2026-01-26 12:25 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-After further review, per the matrix - 2 months of bank statements is not required. - Due Diligence Vendor-01/26/2026 Open-Borrower 1 Business Bank Statements Missing Per guideline 1.7.5.2.1 - Missing two months business checking account statements for the two (2) most recent months reflected on the P&L. - Due Diligence Vendor-01/21/2026 |
Resolved-After further review, per the matrix - 2 months of bank statements is not required. - Due Diligence Vendor-01/26/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 62.5 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 747 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7198590 | ||||
| XXXX | XXXX | 10085637 | D | A | D | A | A | A | A | A | Closed | FCRE0112 | 2026-01-14 10:48 | 2026-01-20 14:51 | Resolved | 1 - Information | C | A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_3 | Resolved-1008 provided. - Due Diligence Vendor-01/20/2026 Ready for Review-Document Uploaded. Approval/Underwriting Summary uploaded for review - Buyer-01/15/2026 Open-Approval/Underwriting Summary Not Provided. Missing Final 1008 Transmittal - Due Diligence Vendor-01/14/2026 |
Resolved-1008 provided. - Due Diligence Vendor-01/20/2026 |
Months Reserves exceed minimum required - 3 mos reserves required - we have 12.89 mos left over Credit history exceeds minimum required - We have 15 mos verified mtg history - 12 months is all that is required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7086543 | ||
| XXXX | XXXX | 10085637 | D | A | D | A | A | A | A | A | Closed | FCRE0700 | 2026-01-15 12:00 | 2026-01-16 13:51 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Closing Detail Statement Document was provided with signatures and payoffs. - Due Diligence Vendor-01/16/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/16/2026 Open-Closing Detail Statement Document is Missing and subject property is an Investment property. Missing attachment to final HUD I Settlement Statement showing who was paid off and final signatures for HUD Settlement Statement - Due Diligence Vendor-01/15/2026 |
Resolved-Closing Detail Statement Document was provided with signatures and payoffs. - Due Diligence Vendor-01/16/2026 |
Months Reserves exceed minimum required - 3 mos reserves required - we have 12.89 mos left over Credit history exceeds minimum required - We have 15 mos verified mtg history - 12 months is all that is required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7114516 | ||
| XXXX | XXXX | 10066022 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10005717 | C | A | C | A | A | A | A | A | Closed | FCRE4477 | 2026-01-16 13:47 | 2026-01-21 13:56 | Resolved | 1 - Information | C | A | Credit | Insurance | Master Policy Effective Date is After the Note Date | Resolved-Master Policy Effective Date of XXXX is Prior To or Equal To the Transaction Date of XXXX Or Master Policy Effective Date Is Not Provided - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/20/2026 Open-Master Policy Effective Date of XXXX is After the Transaction Date of XXXX. Please provide master policy with effective date XXXX or earlier. Master policy contains "Walls In" coverage. - Due Diligence Vendor-01/16/2026 |
Resolved-Master Policy Effective Date of XXXX is Prior To or Equal To the Transaction Date of XXXX Or Master Policy Effective Date Is Not Provided - Due Diligence Vendor-01/21/2026 |
LTV is less than guideline maximum - Maximum LTV is 80% - actual LTV is 67.20%. Required is 80 Borrower has 67.2 Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO score required is 680 - actual FICO score is 771. Required is 680 Borrower has 771 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7142645 | ||
| XXXX | XXXX | 9895768 | D | A | D | A | A | A | A | A | Closed | FCRE1158 | 2026-01-20 08:40 | 2026-01-21 12:40 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received updated policy with number. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. Hazard policy including Policy number - Buyer-01/20/2026 Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided Missing policy number, only a binder is provided. - Due Diligence Vendor-01/20/2026 |
Resolved-Received updated policy with number. - Due Diligence Vendor-01/21/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 797 Months Reserves exceed minimum required - Reserves: 136 Min 3 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7177035 | ||
| XXXX | XXXX | 9895768 | D | A | D | A | A | A | A | A | Closed | FCRE0116 | 2026-01-16 14:55 | 2026-01-21 12:38 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Warrantability Documentation | Resolved-Documentation of warrantability was provided. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. 1008 With UW attestation - Buyer-01/20/2026 Open-Missing Warrantability Documentation. Missing documentation to support lender attestation. - Due Diligence Vendor-01/16/2026 |
Resolved-Documentation of warrantability was provided. - Due Diligence Vendor-01/21/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 797 Months Reserves exceed minimum required - Reserves: 136 Min 3 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7143858 | ||
| XXXX | XXXX | 9895768 | D | A | D | A | A | A | A | A | Closed | FCRE1232 | 2026-01-16 14:57 | 2026-01-20 12:14 | Resolved | 1 - Information | C | A | Credit | Eligibility | Calculated DSCR does not meet the Minimum DSCR allowed | Resolved-DSCR rounded from the 3rd decimal is 1. - Due Diligence Vendor-01/20/2026 Open-The Calculated DSCR of '0.998' is less than the minimum DSCR per lender guidelines of '1'. System is not rounding on the 3rd digit which would bring the calculation to 1. - Due Diligence Vendor-01/16/2026 |
Resolved-DSCR rounded from the 3rd decimal is 1. - Due Diligence Vendor-01/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 797 Months Reserves exceed minimum required - Reserves: 136 Min 3 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7143890 | ||
| XXXX | XXXX | 10066014 | D | A | D | A | A | A | A | A | Closed | FCRE1437 | 2026-01-20 12:53 | 2026-03-09 15:32 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-After further review- income and employment have been adjusted as the XXXX final K-1 was removed and now income is in line with docs provided. There is a finding already for the required CD's for the newly acquired properties. this condition is now resolved - Due Diligence Vendor-01/29/2026 Counter-Review concurs and removed requirements for XXXX as Final XXXX 1065 and K-1 received. Missing Income and Employment Do Not Meet Guidelines Need final executed CD if borrower sold XXXX property (as LOX in file reflects no HOA for this property and its not listed on 1003). *NEW* Provide final CDs for each property recently acquired. - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. There would be no XXXX P&L for XXXX. 2024 return attached showing final. - Buyer-01/28/2026 Counter-Received UW LOX. Missing final executed CD if borrower sold XXXX property (as LOX in file reflects no HOA for this property and its not listed on 1003). Need P&L for XXXX from XXXX - XXXX (signed/dated by borrower or CPA). - Due Diligence Vendor-01/23/2026 Ready for Review-Document Uploaded. XXXX property is on 1065. XXXX tax return marked final. - Seller-01/22/2026 Open-Income and Employment Do Not Meet Guidelines Need final executed CD if borrower sold XXXX property (as LOX in file reflects no HOA for this property and its not listed on 1003). Need P&L for XXXX from XXXX (signed/dated by borrower or CPA). Lender to provide updated UW notes for this subject file as notes provided were for other properties (loan numbers listed on top of form). - Due Diligence Vendor-01/20/2026 |
Ready for Review-Document Uploaded. XXXX property is on 1065. XXXX tax return marked final. - Seller-01/22/2026 |
Resolved-After further review- income and employment have been adjusted as the XXXX final K-1 was removed and now income is in line with docs provided. There is a finding already for the required CD's for the newly acquired properties. this condition is now resolved - Due Diligence Vendor-01/29/2026 |
Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 7+ Years – Minimum = 2 Years On time mortgage history exceeds guideline requirement - On Time Mortgage History = 71 Months Required = 12 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7183553 | |
| XXXX | XXXX | 10066014 | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2026-02-25 16:34 | 2026-03-09 15:32 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received tax preparer verification. - Due Diligence Vendor-03/09/2026 Ready for Review-Document Uploaded. This document was accepted to clear same condition on XXXX - Seller-03/06/2026 Open-Borrower 1 CPA Letter Missing Missing License information for CPA letter - Due Diligence Vendor-02/25/2026 |
Ready for Review-Document Uploaded. This document was accepted to clear same condition on XXXX - Seller-03/06/2026 |
Resolved-Received tax preparer verification. - Due Diligence Vendor-03/09/2026 |
Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 7+ Years – Minimum = 2 Years On time mortgage history exceeds guideline requirement - On Time Mortgage History = 71 Months Required = 12 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7810671 | |
| XXXX | XXXX | 10066014 | D | A | D | A | A | A | A | A | Closed | FCRE1479 | 2026-01-20 12:55 | 2026-02-09 10:46 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 1 Does Not Meet Guideline Requirements | Resolved-Co-owner Access Letter acceptable - any corporation and any account. - Due Diligence Vendor-02/09/2026 Counter-Received XXXX final 1065s. Please refer to original finding: Asset Record 1 Does Not Meet G/L Requirements Other owner of XXXX is required to indicate in writing that borrower as full use of business funds for cash to close on subject property. - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. There would be no XXXX P&L for XXXX. XXXX return attached showing final. - Seller-01/28/2026 Counter-Received access letter lacking name of business or account information. - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/23/2026 Counter-Received UW lox. Owner of XXXX is required to indicate in writing that borrower as full use of business funds for cash to close on subject property. - Due Diligence Vendor-01/23/2026 Ready for Review-Document Uploaded. XXXX property is on 1065. XXXX tax return marked final. - Buyer-01/22/2026 Open-Asset Record 1 Does Not Meet G/L Requirements Other owner of XXXX is required to indicate in writing that borrower as full use of business funds for cash to close on subject property. - Due Diligence Vendor-01/20/2026 |
Ready for Review-Document Uploaded. There would be no XXXX P&L for XXXX. XXXX return attached showing final. - Seller-01/28/2026 |
Resolved-Co-owner Access Letter acceptable - any corporation and any account. - Due Diligence Vendor-02/09/2026 |
Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 7+ Years – Minimum = 2 Years On time mortgage history exceeds guideline requirement - On Time Mortgage History = 71 Months Required = 12 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7183623 | |
| XXXX | XXXX | 10066014 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2026-01-20 12:18 | 2026-02-05 14:16 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received CD's. - Due Diligence Vendor-02/05/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/03/2026 Counter-Provide Final CDs on all newly acquired properties. Missing mtg statement for 3h XXXX - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. This loan is also with XXXX. - Buyer-01/28/2026 Counter-Received 1008 and 1003 for noted properties. Unable to determine when properties closed or payment history with documents provided, - Due Diligence Vendor-01/23/2026 Ready for Review-Document Uploaded. 1. XXXX 2. XXXX 3. XXXX 4. XXXX - Seller-01/22/2026 Open-Housing History Does Not Meet Guideline Requirements Need most recent Mtg statement for XXXX to verify payment includes full PITI. Missing most recent Mtg statements and 12 month payment history with mortgage company XXXX for XXXX, XXXX, XXXX and XXXX (need to verify payments paid acceptable and full PITI payments added to DTI.) - Due Diligence Vendor-01/20/2026 |
Ready for Review-Document Uploaded. 1. XXXX - Seller-01/22/2026 |
Resolved-Received CD's. - Due Diligence Vendor-02/05/2026 |
Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 7+ Years – Minimum = 2 Years On time mortgage history exceeds guideline requirement - On Time Mortgage History = 71 Months Required = 12 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7182666 | |
| XXXX | XXXX | 10066014 | D | A | D | A | A | A | A | A | Closed | FCRE1193 | 2026-01-20 18:26 | 2026-02-05 14:14 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Received Final CD's. Audited DTI of XXXX is less than or equal to Guideline DTI of XXXX - Due Diligence Vendor-02/05/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/03/2026 Counter-Received confirmation and removed XXXX loss. Provide Final CDs for each property recently acquired. additional conditions may apply - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-01/28/2026 Counter-Received 1008 and 1003 for noted properties. Unable to determine when properties closed or payment history with documents provided. Provide formal documents to document PITIA. - Due Diligence Vendor-01/23/2026 Ready for Review-Document Uploaded. 1. XXXX 2. XXXX 3. XXXX 4. XXXX - Seller-01/22/2026 Open-Audited DTI of XXXX exceeds Guideline DTI of XXXX. - Due Diligence Vendor-01/20/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/03/2026 Ready for Review-Document Uploaded. 1.XXXX - Seller-01/22/2026 |
Resolved-Received Final CD's. Audited DTI of XXXX is less than or equal to Guideline DTI of XXXX - Due Diligence Vendor-02/05/2026 |
Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 7+ Years – Minimum = 2 Years On time mortgage history exceeds guideline requirement - On Time Mortgage History = 71 Months Required = 12 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7191621 | |
| XXXX | XXXX | 10066014 | D | A | D | A | A | A | A | A | Closed | FCRE0183 | 2026-01-20 12:34 | 2026-01-29 13:21 | Resolved | 1 - Information | C | A | Credit | Eligibility | Required Spousal Consent to Pledge form is missing | Resolved-Received disclaimer deed. - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. See attached disclaimer deed signed by the wife. - Seller-01/28/2026 Counter- Missing spousal consent to pledge form. - Due Diligence Vendor-01/23/2026 Ready for Review-Please confirm this is a valid condition - Seller-01/22/2026 Open-The required spousal consent to pledge form is missing. Missing spousal consent to pledge form. - Due Diligence Vendor-01/20/2026 |
Ready for Review-Document Uploaded. See attached disclaimer deed signed by the wife. - Seller-01/28/2026 Ready for Review-Please confirm this is a valid condition - Seller-01/22/2026 |
Resolved-Received disclaimer deed. - Due Diligence Vendor-01/29/2026 |
Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 7+ Years – Minimum = 2 Years On time mortgage history exceeds guideline requirement - On Time Mortgage History = 71 Months Required = 12 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7183117 | |
| XXXX | XXXX | 10005704 | C | A | C | A | A | A | A | A | Closed | FCRE0970 | 2026-01-21 11:10 | 2026-02-02 13:49 | Resolved | 1 - Information | C | A | Credit | Eligibility | Appraisal has issues (credit) | Resolved-Received appraisal with updated occupancy. - Due Diligence Vendor-02/02/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/30/2026 Open-Appraisal reflects owner-occupied on a DSCR transaction. 1007 reflects tenant occupied with an active lease. Lender to have appraisal amended to reflect "Tenant" occupied. - Due Diligence Vendor-01/21/2026 |
Resolved-Received appraisal with updated occupancy. - Due Diligence Vendor-02/02/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 60 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 789 DSCR % greater than 1.20 - Rule False DSCR: 1.386, Min 1.0 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7205882 | ||
| XXXX | XXXX | 10099441 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-01-16 08:22 | 2026-01-23 14:17 | 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-01/23/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/21/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Exhibit A - Due Diligence Vendor-01/16/2026 |
Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-01/23/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 771 Months Reserves exceed minimum required - 107.87 mos reserves; 3 mos required Qualifying DTI below maximum allowed - Required is 50 Borrower has 24.19 LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7133955 | ||
| XXXX | XXXX | 10026824 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-01-20 19:57 | 2026-01-23 14:22 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received The Business Purpose Affidavit - Due Diligence Vendor-01/23/2026 Ready for Review-Document Uploaded. Business purpose - Buyer-01/21/2026 Open-The Business Purpose Affidavit Disclosure is Missing. - Due Diligence Vendor-01/21/2026 |
Resolved-Received The Business Purpose Affidavit - Due Diligence Vendor-01/23/2026 |
LTV is less than guideline maximum - Required is 80. Borrower has 56.5. Required is 80 Borrower has 56.5 Qualifying FICO score is at least 20 points above minimum for program - Required is 700. Borrower has 729. Required is 700 Borrower has 729 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8. Borrower has 1.559. Required is 0.8 Borrower has 1.559 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7192309 | ||
| XXXX | XXXX | 10026824 | D | A | D | A | A | A | A | A | Closed | FCRE1241 | 2026-01-20 20:27 | 2026-01-23 14:20 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Received Purchase contract. - Due Diligence Vendor-01/23/2026 Ready for Review-Document Uploaded. purchase contract - Buyer-01/21/2026 Open-Loan Purpose is Purchase but Purchase Contract is Missing. - Due Diligence Vendor-01/21/2026 |
Resolved-Received Purchase contract. - Due Diligence Vendor-01/23/2026 |
LTV is less than guideline maximum - Required is 80. Borrower has 56.5. Required is 80 Borrower has 56.5 Qualifying FICO score is at least 20 points above minimum for program - Required is 700. Borrower has 729. Required is 700 Borrower has 729 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8. Borrower has 1.559. Required is 0.8 Borrower has 1.559 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7192487 | ||
| XXXX | XXXX | 10026829 | D | B | D | B | A | A | A | A | Closed | FCRE1325 | 2026-01-22 09:34 | 2026-01-26 11:57 | Waived | 2 - Non-Material | D | B | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Waived-Client provided a waiver to allow PTIN verification of business existence, applied to non material finding with comp factors (Use this one for after closing) - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/22/2026 Open-Borrower 1 CPA Letter Missing A signed written statement from a CPA or a Third-Party Tax Preparer is permitted for verification (excluding PTIN and ASFP tax preparers). Employment verification by PTIN does not meet requirements. Lender exception in file. It should be noted that a correspondence from the lender notes "Exception is approved by the investor with an LLPA," and indicates an exception from the Investor was attached to the email. However, the Lender's exception request to the Investor, along with any applicable compensating factors, as well as the Investor's standard exception approval documentation, were not provided in the loan file. - Due Diligence Vendor-01/22/2026 |
Waived-Client provided a waiver to allow PTIN verification of business existence, applied to non material finding with comp factors (Use this one for after closing) - Due Diligence Vendor-01/26/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 804 Qualifying DTI below maximum allowed - Required is 50 Borrower has 31.37 |
There will be an Exception LLPA hit of .25 that will apply for this specific exception Credit Score: 104 more than min Reserves (months): 18 mos more DTI: 18+% below Residual Income: XXXX more than min Credit History: 0x30x99 Employment Stability Self for 5+ yrs Credit Profile (Low usage /lower pymts) |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Investor Post-Close | No | 7240213 | |
| XXXX | XXXX | 9976784 | C | A | C | A | A | A | A | A | Closed | FCRE1194 | 2026-01-21 15:57 | 2026-01-27 15:55 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-The property profile for XXXX shows the borrower has owned this property since XXXX and the lease agreements provided show this property has been a rental since at least XXXX. - Due Diligence Vendor-01/27/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-01/27/2026 Counter-Pending proof of investor experience. - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. Please see attached response. - Buyer-01/22/2026 Open-Audited LTV of XXXX exceeds Guideline LTV of XXXX A review of the loan file reflects the borrower does not have any investor experience and currently lives rent free with no housing history as per a rent free letter in the file from the borrower's spouse. The maximum LTV ratio for a first time investor is XXXX and the loan closed with a LTV ratio of XXXX. A search of the loan file did not show an exception request for the higher LTV ratio for a first time investor. - Due Diligence Vendor-01/21/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-01/27/2026 |
Resolved-The property profile for XXXX shows the borrower has owned this property since XXXX and the lease agreements provided show this property has been a rental since at least XXXX. - Due Diligence Vendor-01/27/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700. Borrower has 751. Required is 700 Borrower has 751 Months Reserves exceed minimum required - 12 months of reserves is required and the borrower has 64.63 months of verified reserves. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7224790 | |
| XXXX | XXXX | 9976784 | C | A | C | A | A | A | A | A | Closed | FCRE1498 | 2026-01-21 15:44 | 2026-01-27 15:52 | Resolved | 1 - Information | C | A | Credit | Eligibility | Borrower Rental Experience Insufficient per Guidelines (DSCR) | Resolved-The property profile for XXXX shows the borrower has owned this property since XXXX and the lease agreements provided show this property has been a rental since at least XXXX. - Due Diligence Vendor-01/27/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/27/2026 Counter-Received lease agreement and LOX. Missing proof of receipt of rents to document rental history. - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. Please see attached response. - Seller-01/22/2026 Open-Borrower Rental Experience Insufficient per Guidelines (DSCR Loan Type) A review of the file reflects the borrower does not have any investor experience and is a first time investor. - Due Diligence Vendor-01/21/2026 |
Ready for Review-Document Uploaded. Please see attached response. - Seller-01/22/2026 |
Resolved-The property profile for XXXX shows the borrower has owned this property since XXXX and the lease agreements provided show this property has been a rental since at least XXXX. - Due Diligence Vendor-01/27/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700. Borrower has 751. Required is 700 Borrower has 751 Months Reserves exceed minimum required - 12 months of reserves is required and the borrower has 64.63 months of verified reserves. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7224177 | |
| XXXX | XXXX | 9976784 | C | A | C | A | A | A | A | A | Closed | FCRE1206 | 2026-01-22 09:52 | 2026-01-26 12:12 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. Please see attached report. - Seller-01/22/2026 Open-All Interested Parties Not Checked with Exclusionary Lists Borrower's spouse who is listed on the purchase contract, seller, and closing attorney to be added to the loan participant list. - Due Diligence Vendor-01/22/2026 |
Ready for Review-Document Uploaded. Please see attached report. - Seller-01/22/2026 |
Resolved-All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-01/26/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700. Borrower has 751. Required is 700 Borrower has 751 Months Reserves exceed minimum required - 12 months of reserves is required and the borrower has 64.63 months of verified reserves. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7240610 | |
| XXXX | XXXX | 10104475 | D | B | C | B | D | A | A | A | Closed | FCRE1437 | 2026-01-26 13:26 | 2026-04-06 10:13 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Utilizing a XXXX expense factor and excluding an auto loan, the DTI is within guidelines. - Due Diligence Vendor-04/06/2026 Counter-PTIN and ASFP tax preparers that work for a 3rd party firm may be permitted. Please provide proof the PTIN works for ta 3rd party firm. - Due Diligence Vendor-03/20/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/19/2026 Counter-Source of large deposits provided. However, loan still requires proof the PTIN works for ta 3rd party firm. - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-02/25/2026 Counter-Tax preparer letter provided, please provide the tax preparer verification. - Due Diligence Vendor-02/09/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-02/05/2026 Open-Income and Employment Do Not Meet Guidelines Provide CPA letter or acceptable equivalent to verify the expense factor is 20% All deposits to the business account over XXXX need to be sourced and verified as income. Verify deposits from XXXX. Subject to additional conditions. - Due Diligence Vendor-01/26/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/19/2026 |
Resolved-Utilizing a 50% expense factor and excluding an auto loan, the DTI is within guidelines. - Due Diligence Vendor-04/06/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 50 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 740 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7300306 | |
| XXXX | XXXX | 10104475 | D | B | C | B | D | A | A | A | Closed | FCRE0970 | 2026-01-27 11:05 | 2026-02-26 13:24 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Appraisal has issues (credit) | Waived-Client provided a waiver for non-XXXX appraisal, applied to non material finding with comp factors - Due Diligence Vendor-02/26/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/25/2026 Counter-Please provide a client approved exception. - Due Diligence Vendor-02/09/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-02/05/2026 Open-Appraisal completed No XXXX. Sellers who do not use XXXX, and have not been approved for their independent panel, must submit for exception. No exception in loan file. - Due Diligence Vendor-01/27/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/25/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-02/05/2026 |
Waived-Client provided a waiver for non-XXXX appraisal, applied to non material finding with comp factors - Due Diligence Vendor-02/26/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 50 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 740 |
FICO: 740 Reserves: 56 months reserves>3 months required |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Investor Post-Close | No | 7312843 |
| XXXX | XXXX | 10104475 | D | B | C | B | D | A | A | A | Closed | FCOM1280 | 2026-01-23 09:45 | 2026-02-09 07:42 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Collateral Protection Notice is Missing | Resolved-Received Collateral Protection Notice. Finding Resolved - Due Diligence Vendor-02/09/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-02/05/2026 Open-Collateral Protection Notice is Missing Missing Hazard Insurance Authorization and Requirements disclosure - Due Diligence Vendor-01/23/2026 |
Resolved-Received Collateral Protection Notice. Finding Resolved - Due Diligence Vendor-02/09/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 50 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 740 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7268443 | ||
| XXXX | XXXX | 10066019 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10066013 | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2026-02-25 16:35 | 2026-03-09 15:34 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received tax preparer verification. - Due Diligence Vendor-03/09/2026 Ready for Review-Document Uploaded. This document was accepted to clear same condition on XXXX - Buyer-03/06/2026 Open-Borrower 1 CPA Letter Missing Missing License information for CPA letter - Due Diligence Vendor-02/25/2026 |
Resolved-Received tax preparer verification. - Due Diligence Vendor-03/09/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 741 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7810683 | ||
| XXXX | XXXX | 10066013 | D | A | D | A | A | A | A | A | Closed | FCRE1193 | 2026-01-26 10:35 | 2026-02-05 14:32 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Received CD's. Audited DTI of XXXX is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-02/05/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/03/2026 Counter-Static Final K-1 was provided, business is not active- adjusted income to reflect correctly which brought the DTI within guidelines, however please provide final CD's for newly acquired properties, additional conditions may apply - Due Diligence Vendor-01/29/2026 Open-Audited DTI of 51.36% exceeds Guideline DTI of 50% Lender used 100% for S/E ownership of XXXX, however per K-1, they are 50% owner. - Due Diligence Vendor-01/26/2026 |
Resolved-Received CD's. Audited DTI of XXXX is less than or equal to Guideline DTI of XXXX - Due Diligence Vendor-02/05/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 741 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7294743 | ||
| XXXX | XXXX | 10085631 | C | A | C | A | A | A | A | A | Closed | FCRE5790 | 2026-01-27 09:47 | 2026-02-02 12:49 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Client provided explanation of gap report, ordered date is date document was pulled then they entered start and end date - Due Diligence Vendor-02/02/2026 Ready for Review-Document Uploaded. Reiterating prior explanation of document layout. Hopefully this helps clear this suspense. - Buyer-01/29/2026 Counter-Please provide documentation to support the date of Loan Quality Debt Monitoring report. - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. Only one item was picked up during the debt monitoring which was our credit pull. Please see attached confirmation of monitoring and the monitoring results. - Buyer-01/27/2026 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). 24 days from note based on most recent alert date. - Due Diligence Vendor-01/27/2026 |
Resolved-Client provided explanation of gap report, ordered date is date document was pulled then they entered start and end date - Due Diligence Vendor-02/02/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 19.18 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 777 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7310486 | ||
| XXXX | XXXX | 10099445 | D | B | D | B | A | A | A | A | Closed | FCRE1248 | 2026-01-26 12:11 | 2026-01-30 08:32 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Non-Arm's Length Transactions Not Allowed for Program | Waived-Client waiver applied to non-material finding with compensating factors- to allow non-arms length transaction - Due Diligence Vendor-01/30/2026 Ready for Review-Document Uploaded. Gift of equity exception and approval uploaded for review - Seller-01/28/2026 Open-Non-Arm's Length Transactions Not Allowed for Program Not allowed for investment properties. Borrower is purchasing from uncle. - Due Diligence Vendor-01/26/2026 |
Ready for Review-Document Uploaded. Gift of equity exception and approval uploaded for review - Seller-01/28/2026 |
Waived-Client waiver applied to non-material finding with compensating factors- to allow non-arms length transaction - Due Diligence Vendor-01/30/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 60 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 757 Required is 660 Borrower has 757 |
Min FICO allowed 680, FICO is 757 Max DTI per guides 50%, DTI is 45% Max LTV per guides 80%, LTV is 60% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Investor Post-Close | No | 7298781 |
| XXXX | XXXX | 10099445 | D | B | D | B | A | A | A | A | Closed | FCRE1491 | 2026-01-26 13:20 | 2026-01-30 08:30 | Waived | 2 - Non-Material | C | B | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Waived-Client waiver applied to non-material finding with compensating factors- to allow gift of equity, non arms length. - Due Diligence Vendor-01/30/2026 Ready for Review-Document Uploaded. Gift of equity exception and approval uploaded for review - Buyer-01/28/2026 Open-Asset Qualification Does Not Meet Guideline Requirements Gift of equity not allowed on Investment properties - Due Diligence Vendor-01/26/2026 |
Waived-Client waiver applied to non-material finding with compensating factors- to allow gift of equity, non arms length. - Due Diligence Vendor-01/30/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 60 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 757 Required is 660 Borrower has 757 |
FICO 757, min allowed is 680 Max DTI allowed is 50%, DTI at 45% Max LTV per guides is 80%, LTV at 60% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Investor Post-Close | No | 7300145 | |
| XXXX | XXXX | 10099445 | D | B | D | B | A | A | A | A | Closed | FCRE5783 | 2026-01-26 13:10 | 2026-01-29 14:18 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Gap Credit Report is Missing | Resolved-Received credit refresh. - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/28/2026 Open-Borrower 2 Gap Credit Report is Missing - Due Diligence Vendor-01/26/2026 |
Resolved-Received credit refresh. - Due Diligence Vendor-01/29/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 60 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 757 Required is 660 Borrower has 757 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7299919 | ||
| XXXX | XXXX | 10099445 | D | B | D | B | A | A | A | A | Closed | FCRE5782 | 2026-01-26 13:10 | 2026-01-29 14:17 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received credit refresh. - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/28/2026 Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-01/26/2026 |
Resolved-Received credit refresh. - Due Diligence Vendor-01/29/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 60 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 757 Required is 660 Borrower has 757 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7299918 | ||
| XXXX | XXXX | 10099445 | D | B | D | B | A | A | A | A | Closed | FCRE0044 | 2026-01-26 13:26 | 2026-01-28 13:09 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received LOE. - Due Diligence Vendor-01/28/2026 Ready for Review-Document Uploaded. LOX INQUIRIES - Seller-01/27/2026 Open-LOX for credit inquiries is missing. LOX for credit inquiries is missing XXXX is within 90 days, additional findings may apply. - Due Diligence Vendor-01/26/2026 |
Ready for Review-Document Uploaded. LOX INQUIRIES - Seller-01/27/2026 |
Resolved-Received LOE. - Due Diligence Vendor-01/28/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 60 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 757 Required is 660 Borrower has 757 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7300299 | |
| XXXX | XXXX | 10099445 | D | B | D | B | A | A | A | A | Closed | FCRE0177 | 2026-01-27 10:19 | 2026-01-28 13:05 | Resolved | 1 - Information | D | A | Credit | Eligibility | Missing Third Party Market Rent Source | Resolved-Received 1007 - Due Diligence Vendor-01/28/2026 Ready for Review-Document Uploaded. RENT SCHEDULE - Seller-01/27/2026 Open-Missing Third Party Market Rent Source Missing for subject to support gross rent of XXXX as used by lender. - Due Diligence Vendor-01/27/2026 |
Ready for Review-Document Uploaded. RENT SCHEDULE - Seller-01/27/2026 |
Resolved-Received 1007 - Due Diligence Vendor-01/28/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 60 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 757 Required is 660 Borrower has 757 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7311277 | |
| XXXX | XXXX | 10099439 | D | B | D | B | A | A | A | A | Closed | FCRE7000 | 2026-04-27 13:50 | 2026-04-27 15:38 | Waived | 2 - Non-Material | D | B | Credit | Missing Doc | Required forms/disclosures missing | Waived-Client waiver applied to non material finding with comp factors. - Due Diligence Vendor-04/27/2026 Open-Initial Escrow Account Disclosure is Missing. - Due Diligence Vendor-04/27/2026 |
Waived-Client waiver applied to non material finding with comp factors. - Due Diligence Vendor-04/27/2026 |
LTV is less than guideline maximum - LTV = 61.72% - Max LTV = 75% Required is 75 Borrower has 61.72 Months Reserves exceed minimum required - Reserves = 70.15 months – Required Reserves = 3 Months |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 8899236 | |||
| XXXX | XXXX | 10099439 | D | B | D | B | A | A | A | A | Closed | FCRE1440 | 2026-01-27 12:08 | 2026-02-02 10:52 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Client provided corrected VOM and letter from lender regarding their error - Due Diligence Vendor-02/02/2026 Ready for Review-Document Uploaded. 1. Updated VOM 2. LOX - Buyer-01/29/2026 Open-Housing History Does Not Meet Guideline Requirements VOM in file reflects subject property pay history was 3x30 over last 12 months (max allowed is 1x30). - Due Diligence Vendor-01/27/2026 |
Resolved-Client provided corrected VOM and letter from lender regarding their error - Due Diligence Vendor-02/02/2026 |
LTV is less than guideline maximum - LTV = 61.72% - Max LTV = 75% Required is 75 Borrower has 61.72 Months Reserves exceed minimum required - Reserves = 70.15 months – Required Reserves = 3 Months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7314694 | ||
| XXXX | XXXX | 10066005 | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2026-01-27 13:46 | 2026-03-03 14:23 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received Tax Preparer verification. - Due Diligence Vendor-03/03/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/02/2026 Open-Borrower 1 CPA Letter Missing Missing License information for CPA letter - Due Diligence Vendor-01/27/2026 |
Resolved-Received Tax Preparer verification. - Due Diligence Vendor-03/03/2026 |
Months Reserves exceed minimum required - Borrower has 761 mos in reserves - we only needed 3 mos verified Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 741 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7316751 | ||
| XXXX | XXXX | 10066005 | D | A | D | A | A | A | A | A | Closed | FCRE1301 | 2026-01-27 13:46 | 2026-03-03 14:23 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 10 Months Income Verified is Missing | Resolved-New loan per First Payment letter, no history to provide - Due Diligence Vendor-01/30/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-01/28/2026 Open-Income 10 Months Income Verified is Missing Missing for XXXX Payment history for the most recent 12 months or since acct is open Most recent Mtg statement to verify if payment includes full PITI and is paid through XXXX. - Due Diligence Vendor-01/27/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-01/28/2026 |
Resolved-New loan per First Payment letter, no history to provide - Due Diligence Vendor-01/30/2026 |
Months Reserves exceed minimum required - Borrower has 761 mos in reserves - we only needed 3 mos verified Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 741 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7316752 | |
| XXXX | XXXX | 10066005 | D | A | D | A | A | A | A | A | Closed | FCRE1299 | 2026-01-27 13:46 | 2026-03-03 14:23 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 8 Months Income Verified is Missing | Resolved-Lender provided First Payment Letter, no history available as this is a new loan - Due Diligence Vendor-01/30/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/28/2026 Open-Income 8 Months Income Verified is Missing Missing for XXXX Payment history for the most recent 12 months or since acct is open Most recent Mtg statement to verify if payment includes full PITI and is paid through XXXX. - Due Diligence Vendor-01/27/2026 |
Resolved-Lender provided First Payment Letter, no history available as this is a new loan - Due Diligence Vendor-01/30/2026 |
Months Reserves exceed minimum required - Borrower has 761 mos in reserves - we only needed 3 mos verified Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 741 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7316755 | ||
| XXXX | XXXX | 10066005 | D | A | D | A | A | A | A | A | Closed | FCRE1300 | 2026-01-27 13:46 | 2026-03-03 14:23 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 9 Months Income Verified is Missing | Resolved-Client provided First Payment Letter, no history available as this is a new loan - Due Diligence Vendor-01/30/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/28/2026 Open-Income 9 Months Income Verified is Missing Missing for XXXX Payment history for the most recent 12 months or since acct is open Most recent Mtg statement to verify if payment includes full PITI and is paid through XXXX. - Due Diligence Vendor-01/27/2026 |
Resolved-Client provided First Payment Letter, no history available as this is a new loan - Due Diligence Vendor-01/30/2026 |
Months Reserves exceed minimum required - Borrower has 761 mos in reserves - we only needed 3 mos verified Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 741 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7316756 | ||
| XXXX | XXXX | 10066005 | D | A | D | A | A | A | A | A | Closed | FCRE0044 | 2026-01-27 14:10 | 2026-02-05 14:10 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received UW LOE. - Due Diligence Vendor-02/05/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/03/2026 Open-LOX for credit inquiries is missing. Missing Inquiry letter for XXXX - Due Diligence Vendor-01/27/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/03/2026 |
Resolved-Received UW LOE. - Due Diligence Vendor-02/05/2026 |
Months Reserves exceed minimum required - Borrower has 761 mos in reserves - we only needed 3 mos verified Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 741 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7317144 | |
| XXXX | XXXX | 10066005 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-01-28 14:38 | 2026-01-30 13:33 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Lender provided Appraisal from recent closing of XXXX property, HOA fee confirmed - Due Diligence Vendor-01/30/2026 Ready for Review-Document Uploaded. HOA dues for XXXX - Seller-01/30/2026 Open-Missing verification of any HOA dues for property XXXX - Due Diligence Vendor-01/28/2026 |
Ready for Review-Document Uploaded. HOA dues for XXXX - Seller-01/30/2026 |
Resolved-Lender provided Appraisal from recent closing of Lapaz property, HOA fee confirmed - Due Diligence Vendor-01/30/2026 |
Months Reserves exceed minimum required - Borrower has 761 mos in reserves - we only needed 3 mos verified Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 741 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7337292 | |
| XXXX | XXXX | 10066005 | D | A | D | A | A | A | A | A | Closed | FCRE1193 | 2026-01-27 14:44 | 2026-01-29 13:49 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-XXXX final K-1 was provided and income updated to reflect correctly- condition resolved - Due Diligence Vendor-01/29/2026 Open-Audited DTI of XXXX exceeds Guideline DTI of XXXX DTI exceeded guides when Solar Lease payment was added into DTI. Income is validated less than lender. - Due Diligence Vendor-01/27/2026 |
Resolved-Static final K-1 was provided and income updated to reflect correctly- condition resolved - Due Diligence Vendor-01/29/2026 |
Months Reserves exceed minimum required - Borrower has 761 mos in reserves - we only needed 3 mos verified Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 741 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7317680 | |||
| XXXX | XXXX | 10104469 | D | A | D | A | C | A | A | A | Closed | FCRE5775 | 2026-01-28 12:37 | 2026-03-02 10:43 | Resolved | 1 - Information | C | A | Credit | Borrower | Borrower 2 Credit Report is Incomplete | Resolved-Client provided front and back of unexpired EAD - Due Diligence Vendor-02/04/2026 Ready for Review-Document Uploaded. Email from XXXX of XXXX- Seller-02/03/2026 Open-Borrower 2 Credit Report is Partially Present. B2 XXXX and requires un-expired ITIN card or letter from the XXXX which is missing. - Due Diligence Vendor-01/28/2026 |
Ready for Review-Document Uploaded. Email from XXXX - Seller-02/03/2026 |
Resolved-Client provided front and back of unexpired EAD - Due Diligence Vendor-02/04/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.03 LTV is less than guideline maximum - Required is 85 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 763 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7334171 | |
| XXXX | XXXX | 10104469 | D | A | D | A | C | A | A | A | Closed | finding-651 | 2026-01-27 10:14 | 2026-02-23 08:51 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | TILA Finance Charge Test | Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/20/2026 Open-This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is XXXX. The disclosed finance charge of XXXX is not considered accurate because it is understated by more than $100. - Due Diligence Vendor-01/27/2026 |
Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.03 LTV is less than guideline maximum - Required is 85 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 763 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7311106 | ||
| XXXX | XXXX | 10104469 | D | A | D | A | C | A | A | A | Closed | finding-3656 | 2026-01-27 10:14 | 2026-02-23 08:51 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID Lender's and Owner's Title Insurance Policy Amounts Validation Test | Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/20/2026 Open-This loan failed the TRID Lender's and Owner's Title Insurance Policy Amounts validation test.This loan contains a value for one, but not both of the following fields:As Disclosed Lender's Title Insurance Policy and Actual Lender's Title Insurance Policy; orAs Disclosed Owner's Title Insurance Policy and Actual Owner's Title Insurance Policy.The CFPB's Official Interpretations to the TILA-RESPA Integrated Disclosure (TRID) Final Rule requires the use of a specific calculation to arrive at the value to be provided on the disclosure forms. The Lender's Title Insurance Policy is always disclosed as the full policy amount, even if a simultaneous issue of the Owner's Title Insurance Policy is present. The Owner's Title Insurance Policy is calculated by taking the full owner's title insurance premium, adding the simultaneous issuance premium for the lender's coverage (if any), and then deducting the full premium for the lender's coverage. The value derived from this calculation is required for accurate tolerance testing under TRID, and should be entered in the "as disclosed" field in ComplianceAnalyzer.The "as disclosed" value derived from the above calculation, however, generally will not be representative of the actual value paid for the title insurance. Therefore it cannot be used for testing state and federal fee thresholds, as it will likely yield incorrect results for such tests. Accordingly, the actual value paid for the title insurance must be entered in the corresponding "actual" title insurance policy field(s). If there is no difference between the actual and disclosed values for either the owner's or lender's title insurance, please enter the same value in the "actual" and "as disclosed" fields. For more information on how these fields are used, please refer to the glossary. - Due Diligence Vendor-01/27/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/20/2026 |
Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.03 LTV is less than guideline maximum - Required is 85 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 763 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7311107 | |
| XXXX | XXXX | 10104469 | D | A | D | A | C | A | A | A | Closed | finding-3634 | 2026-01-27 10:14 | 2026-02-23 08:51 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/20/2026 Open-This loan failed the charges that cannot increase 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).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $623.36.Please see the Tolerance Comparison 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). - Due Diligence Vendor-01/27/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/20/2026 |
Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.03 LTV is less than guideline maximum - Required is 85 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 763 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7311108 | |
| XXXX | XXXX | 10104469 | D | A | D | A | C | A | A | A | Closed | finding-3632 | 2026-01-27 10:14 | 2026-02-23 08:51 | Resolved | 1 - Information | C | A | Compliance | Disclosure | Consummation or Reimbursement Date Validation Test | Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/20/2026 Open-This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-01/27/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/20/2026 |
Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.03 LTV is less than guideline maximum - Required is 85 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 763 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7311109 | |
| XXXX | XXXX | 10104469 | D | A | D | A | C | A | A | A | Closed | finding-3752 | 2026-01-27 10:14 | 2026-02-23 08:51 | Resolved | 1 - Information | C | A | Compliance | ComplianceEase | TRID Disclosure Dates and Personal Delivery Validation Test | Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/20/2026 Open-This loan failed the TRID disclosure dates and personal delivery validation test.This loan contains either:A Revised Loan Estimate Receipt Date that is after the Revised Loan Estimate Delivery Date; orThe Initial Closing Disclosure Receipt Date that is after the Initial Closing Disclosure Delivery Date; orThe Revised Closing Disclosure Receipt Date that is after the Revised Closing Disclosure Delivery Date.However, the method of delivery is marked as "Personal." Please review the loan data to ensure the dates and method of delivery are correct. - Due Diligence Vendor-01/27/2026 |
Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.03 LTV is less than guideline maximum - Required is 85 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 763 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7311110 | ||
| XXXX | XXXX | 10104469 | D | A | D | A | C | A | A | A | Closed | finding-3635 | 2026-01-27 10:14 | 2026-02-23 08:51 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/20/2026 Open-This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($3,182.71) exceed the comparable charges ($872.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). - Due Diligence Vendor-01/27/2026 |
Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.03 LTV is less than guideline maximum - Required is 85 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 763 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7311111 | ||
| XXXX | XXXX | 10104469 | D | A | D | A | C | A | A | A | Closed | finding-3939 | 2026-01-27 10:14 | 2026-02-23 08:51 | Resolved | 1 - Information | C | A | Compliance | ComplianceEase | TRID Rate Lock Disclosure Delivery Date Test | Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/20/2026 Open-This loan failed the TRID Rate Lock Disclosure Delivery Date Test. (12 CFR §1026.19(e)(3)(iv)(D))A disclosure advising of the revised interest rate, points, lender credits, and any other interest rate dependent charges and terms was not provided to the borrower within three business days after the interest rate was locked on XXXX, XXXX, XXXX and XXXX. - Due Diligence Vendor-01/27/2026 |
Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.03 LTV is less than guideline maximum - Required is 85 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 763 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7311112 | ||
| XXXX | XXXX | 10104469 | D | A | D | A | C | A | A | A | Closed | finding-3624 | 2026-01-27 10:14 | 2026-02-23 08:51 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID "Section A. Origination Charges" Validation Test | Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/20/2026 Open-This loan failed the TRID "Section A. Origination Charges" validation test.This loan contains a fee or fees where "compensation to" is set to a party other than lender or broker, but this fee or fees should not be retained by any party other than the lender or broker."Section A. Origination Charges" should contain an itemization of each amount, and a subtotal of all such amounts, that the consumer will pay to each creditor and loan originator for originating and extending the credit. - Due Diligence Vendor-01/27/2026 |
Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.03 LTV is less than guideline maximum - Required is 85 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 763 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7311113 | ||
| XXXX | XXXX | 10104469 | D | A | D | A | C | A | A | A | Closed | finding-3631 | 2026-01-27 10:14 | 2026-02-23 08:51 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/20/2026 Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-01/27/2026 |
Resolved------Upon further review, finding resolved. - Due Diligence Vendor-02/23/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.03 LTV is less than guideline maximum - Required is 85 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 763 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7311105 | ||
| XXXX | XXXX | 10104469 | D | A | D | A | C | A | A | A | Closed | FCRE6019 | 2026-01-28 12:06 | 2026-02-04 15:15 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Document Uploaded. Received confirmation from XXXX help desk that the 2 year employment history is not required. No income used to qualify. - Due Diligence Vendor-02/04/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/04/2026 Counter-Received EAD card. Missing correct 1003 reflecting Non Perm Resident Alien. Missing confirmation of of 24 months employment as required within 3.1 of guidelines. Missing clarification of borrowers sur name differing from EAD Card and Note. - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. EAD Card uploaded - Seller-01/28/2026 Open-Borrower Citizenship Documentation Is Missing B2 listed as a permanent resident missing the following: Valid and unexpired Permanent Resident Card/” Green Card” (Form I-551) without conditions. For conditional permanent residents, proof of filed Form I-751 required. If any green card expires within the 6 months before closing, proof of a filed Form I-90 is required. - Due Diligence Vendor-01/28/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/04/2026 Ready for Review-Document Uploaded. EAD Card uploaded - Seller-01/28/2026 |
Resolved-Document Uploaded. Received confirmation from XXXX help desk that the 2 year employment history is not required. No income used to qualify. - Due Diligence Vendor-02/04/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.03 LTV is less than guideline maximum - Required is 85 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 763 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7333571 | |
| XXXX | XXXX | 10104469 | D | A | D | A | C | A | A | A | Closed | FCRE1325 | 2026-01-27 14:07 | 2026-02-04 15:13 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-proof of SE provided. No longer using the PTIN letter. - Due Diligence Vendor-02/04/2026 Ready for Review-Document Uploaded. Document provided supports borrower as sole owner and per section 5.2.3 of the guidelines, "Documentation showing sole member entity or sole proprietor is acceptable to indicate 100% ownership" - Buyer-01/29/2026 Counter-Received Open Corp. Unable to locate confirmation borrower is 100% owner. - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. Third party verification to establish for a minimum of 2 years, ownership percentage and is in good standing uploaded - Buyer-01/28/2026 Open-Borrower 1 CPA Letter Missing PTIN are only permitted on bank statement analysis income when the PTIN preparer works for a 3rd party firm - however the PTIN is the owner of their own tax consulting business, not a 3rd party company. - Due Diligence Vendor-01/27/2026 |
Resolved-proof of SE provided. No longer using the PTIN letter. - Due Diligence Vendor-02/04/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.03 LTV is less than guideline maximum - Required is 85 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 763 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7317108 | ||
| XXXX | XXXX | 10104469 | D | A | D | A | C | A | A | A | Closed | FCRE7806 | 2026-01-27 14:07 | 2026-01-29 12:38 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received business bank statement analysis. - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. Bank statement income worksheet - Buyer-01/28/2026 Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing - Due Diligence Vendor-01/27/2026 |
Resolved-Received business bank statement analysis. - Due Diligence Vendor-01/29/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.03 LTV is less than guideline maximum - Required is 85 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 763 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7317109 | ||
| XXXX | XXXX | 10110691 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2026-01-28 08:07 | 2026-02-02 16:02 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-After further review, the bank statements show deductions for the housing payments. Loa was open in XXXX. - Due Diligence Vendor-02/02/2026 Counter-Client provided Note from Purchase and it reflects buyers name not business name, CD reflects buyers name not business name. Loan closed XXXX, must provide documentation to reflect sufficient payment history - Due Diligence Vendor-01/30/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/29/2026 Open-Housing History Does Not Meet Guideline Requirements Missing 12 month housing history for REO 3b - Due Diligence Vendor-01/28/2026 |
Resolved-After further review, the bank statements show deductions for the housing payments. Loa was open in XXXX. - Due Diligence Vendor-02/02/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.91 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 738 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7326715 | ||
| XXXX | XXXX | 10110691 | D | A | D | A | A | A | A | A | Closed | FCRE5771 | 2026-01-28 14:12 | 2026-01-30 14:23 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Credit Report is Missing | Resolved-Lender provided section on the Credit Report that shows credit was pulled on both borrowers, CB does not have any valid tradelines. Per XXXX GL...For all loans other than DSCR only the Primary Wage Earner is required to have met the minimum tradeline requirements. - Due Diligence Vendor-01/30/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/29/2026 Open-Borrower 2 Credit Report is Missing. Joint report shows B2 credit was not ordered in the area where the FICO should be reporting. A minimum of 2 credit scores per borrower are required to be provided and used to determine the qualifying credit score for loan approval. - Due Diligence Vendor-01/28/2026 |
Resolved-Lender provided section on the Credit Report that shows credit was pulled on both borrowers, CB does not have any valid tradelines. Per XXXX GL...For all loans other than DSCR only the Primary Wage Earner is required to have met the minimum tradeline requirements. - Due Diligence Vendor-01/30/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.91 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 738 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7336675 | ||
| XXXX | XXXX | 10099438 | D | A | D | A | A | A | D | A | Closed | FCRE0116 | 2026-01-28 17:20 | 2026-02-13 08:11 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Warrantability Documentation | Resolved-Client provided Condo Project Warranty Certification - Due Diligence Vendor-02/13/2026 Ready for Review-Document Uploaded. condo cert - Seller-02/11/2026 Counter-finding remains.....Please provide UW Certification - Due Diligence Vendor-02/04/2026 Ready for Review-Document Uploaded. condo - Buyer-02/03/2026 Open-Missing Warrantability Documentation. A certification must be provided with the loan package along with the Condo Questionnaire as well as any other documents used to determine eligibility - Due Diligence Vendor-01/28/2026 |
Ready for Review-Document Uploaded. condo cert - Seller-02/11/2026 |
Resolved-Client provided Condo Project Warranty Certification - Due Diligence Vendor-02/13/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 783 LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.57 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7340163 | |
| XXXX | XXXX | 10099438 | D | A | D | A | A | A | D | A | Closed | FCRE0177 | 2026-01-29 11:54 | 2026-02-04 11:52 | Resolved | 1 - Information | D | A | Credit | Eligibility | Missing Third Party Market Rent Source | Resolved-Client provided 1007 - Due Diligence Vendor-02/04/2026 Ready for Review-Document Uploaded. includes 1007 - Buyer-02/03/2026 Open-Missing Third Party Market Rent Source Missing 1007 - Due Diligence Vendor-01/29/2026 |
Resolved-Client provided 1007 - Due Diligence Vendor-02/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 783 LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.57 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7354205 | ||
| XXXX | XXXX | 10099438 | D | A | D | A | A | A | D | A | Closed | FPRO1242 | 2026-01-28 16:24 | 2026-02-04 11:49 | Resolved | 1 - Information | D | A | Property | Missing Doc | Appraisal is Missing | Resolved-Client provided Appraisal form 1073 - Due Diligence Vendor-02/04/2026 Ready for Review-Document Uploaded. includes 1007 - Seller-02/03/2026 Open-Appraisal is Missing Missing appraisal-subject to review and possible additional conditions - Due Diligence Vendor-01/28/2026 |
Ready for Review-Document Uploaded. includes 1007 - Seller-02/03/2026 |
Resolved-Client provided Appraisal form 1073 - Due Diligence Vendor-02/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 783 LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.57 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7339316 | |
| XXXX | XXXX | 10099438 | D | A | D | A | A | A | D | A | Closed | FCRE9996 | 2026-01-29 12:51 | 2026-02-04 11:33 | Resolved | 1 - Information | C | A | Credit | Eligibility | Condo does not meet requirements | Resolved-Client provided exception request and approved exception - Due Diligence Vendor-02/04/2026 Ready for Review-Document Uploaded. approval - Buyer-02/03/2026 Open-High investor concentration of 71% (70% allowed) - Due Diligence Vendor-01/29/2026 |
Resolved-Client provided exception request and approved exception - Due Diligence Vendor-02/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 783 LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.57 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7355450 | ||
| XXXX | 10026646 | C | A | C | A | A | A | A | A | Closed | FCRE7009 | 2026-01-30 05:46 | 2026-02-03 08:44 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Email from Ins Company stating property is insured at 100% replacement costs - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. hello please see attached docs and email showing property is insured a 100% replacement cost thank u please clear :) - Seller-02/02/2026 Open-Insufficient Coverage Amount for Insured Subject Property. - Due Diligence Vendor-01/30/2026 |
Ready for Review-Document Uploaded. hello please see attached docs and email showing property is insured a 100% replacement cost thank u please clear :) - Seller-02/02/2026 |
Resolved-Email from Ins Company stating property is insured at 100% replacement costs - Due Diligence Vendor-02/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 705; min score 680 Required is 680 Borrower has 705 LTV is less than guideline maximum - Required is 75 Borrower has 69.78 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7366578 | ||
| XXXX | XXXX | 10026812 | C | B | C | B | A | A | A | A | Closed | FCRE1440 | 2026-02-02 15:33 | 2026-02-17 10:51 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client provided Exception request and Approval - Due Diligence Vendor-02/17/2026 Ready for Review-Document Uploaded. XXXX exception request form - Buyer-02/12/2026 Counter-Finding Remains....Client exception in file, originator email in file and states see attached Exception Request. We are missing the original exception request from LO - Due Diligence Vendor-02/04/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/03/2026 Open-Housing History Does Not Meet Guideline Requirements Exception was granted due to the borrower not having a rental/mortgage history where they live currently. They live rent free. Lender must provide the original request for exception which addresses compensating factors back from December 2025 - Due Diligence Vendor-02/02/2026 |
Waived-Client provided Exception request and Approval - Due Diligence Vendor-02/17/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 27.82 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 685 LTV is less than guideline maximum - Required is 75 Borrower has 69.33 |
Reserves 180 months LTV 69.33 DTI 42.91 CS 714 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 7405031 | |
| XXXX | 10110972 | 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 | XXXX | Primary Residence | Purchase | NA | |||||||||||||||||||
| XXXX | XXXX | 10099444 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-02-05 12:12 | 2026-02-19 08:44 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Client provided Affirmation from title regarding correction to county and recording of DOT - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/17/2026 Counter-Received security instrument for a different property and dated XXXX. Original finding remains. - Due Diligence Vendor-02/10/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-02/09/2026 Open-The subject property is located in XXXX, per the Exhibit A legal description. The DOT indicates XXXX, which needs to be corrected. - Due Diligence Vendor-02/05/2026 |
Resolved-Client provided Affirmation from title regarding correction to county and recording of DOT - Due Diligence Vendor-02/19/2026 |
Months Reserves exceed minimum required - Reserves = 17.85 months – Required Reserves = 3 Months LTV is less than guideline maximum - LTV = 75% - Max LTV = 80% Required is 80 Borrower has 75 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7470771 | ||
| XXXX | XXXX | 10085627 | D | A | D | A | A | A | A | A | Closed | FCRE0177 | 2026-02-04 09:44 | 2026-02-10 12:00 | Resolved | 1 - Information | D | A | Credit | Eligibility | Missing Third Party Market Rent Source | Resolved-Rental income was not used to qualify; an updated 1003 was not required. - Due Diligence Vendor-02/06/2026 Counter-Client provided UW approval to show no rents used from property. Provide updated 1003 reflecting property as well as updated 1008. - Due Diligence Vendor-02/06/2026 Ready for Review-Document Uploaded. Loan is not using market rents--only coborrower and borrower's self employed income from XXXX - Buyer-02/05/2026 Open-Missing Third Party Market Rent Source Missing 1007 to document market rents - Due Diligence Vendor-02/04/2026 |
Resolved-Rental income was not used to qualify; an updated 1003 was not required. - Due Diligence Vendor-02/06/2026 |
Months Reserves exceed minimum required - Reserves = 26.76 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 734 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7437147 | ||
| XXXX | XXXX | 10085627 | D | A | D | A | A | A | A | A | Closed | FCRE1183 | 2026-02-06 15:09 | 2026-02-09 08:13 | Resolved | 1 - Information | B | A | Credit | Missing Doc | Approval/Underwriting Summary Partially Provided | Resolved-Appraisal with value of XXXX was provided. - Due Diligence Vendor-02/09/2026 Ready for Review-Document Uploaded. Supporting docs - Seller-02/06/2026 Open-Approval/Underwriting Summary Partially Provided Missing loan approval, 1008 and Final CD with the corrected appraised value. Two appraisals were in file with values of XXXX and XXXX; however, the loan closed with a value of XXXX. - Due Diligence Vendor-02/06/2026 |
Ready for Review-Document Uploaded. Supporting docs - Seller-02/06/2026 |
Resolved-Appraisal with value of XXXX was provided. - Due Diligence Vendor-02/09/2026 |
Months Reserves exceed minimum required - Reserves = 26.76 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 734 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7497383 | |
| XXXX | XXXX | 10085627 | D | A | D | A | A | A | A | A | Closed | FCRE1355 | 2026-02-04 15:28 | 2026-02-06 14:59 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 CPA Letter Missing | Resolved-Operating income agreement in file. - Due Diligence Vendor-02/06/2026 Open-Borrower 2 CPA Letter Missing - Due Diligence Vendor-02/04/2026 |
Resolved-Operating income agreement in file. - Due Diligence Vendor-02/06/2026 |
Months Reserves exceed minimum required - Reserves = 26.76 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 734 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7447575 | |||
| XXXX | XXXX | 10085627 | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2026-02-04 12:36 | 2026-02-06 14:59 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Operating income agreement in file. - Due Diligence Vendor-02/06/2026 Open-Borrower 1 CPA Letter Missing - Due Diligence Vendor-02/04/2026 |
Resolved-Operating income agreement in file. - Due Diligence Vendor-02/06/2026 |
Months Reserves exceed minimum required - Reserves = 26.76 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 734 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7443112 | |||
| XXXX | XXXX | 10085627 | D | A | D | A | A | A | A | A | Closed | FCRE0044 | 2026-02-04 16:07 | 2026-02-06 09:31 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-No new debt reflected on the credit refresh for the September XXXX inquiry. XXXX inquiry from November was reflected on the credit report. - Due Diligence Vendor-02/06/2026 Open-LOX for credit inquiries is missing. credit inquiries is missing. - Due Diligence Vendor-02/04/2026 |
Resolved-No new debt reflected on the credit refresh for the XXXX inquiry. XXXX inquiry from November was reflected on the credit report. - Due Diligence Vendor-02/06/2026 |
Months Reserves exceed minimum required - Reserves = 26.76 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 734 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7448206 | |||
| XXXX | 10110961 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| XXXX | XXXX | 10085644 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2026-02-05 10:32 | 2026-02-17 10:48 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Client provided updated 1008 - Due Diligence Vendor-02/17/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-02/17/2026 Counter-Finding remains. Client provided updated 1003. Missing 1008 with property added to DTI - Due Diligence Vendor-02/14/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/12/2026 Counter-Client provided Note and memo from Lender on undisclosed property which closed in XXXX w/ first payment due in Jan. No history available. Provide updated 1003 and 1008 with XXXX property added - Due Diligence Vendor-02/06/2026 Ready for Review-Document Uploaded. 1. Processor Cert for pay history 2. Cape St DOT - Seller-02/06/2026 Open-Housing History Does Not Meet Guideline Requirements Missing pay history (or proof just purchased and no payment due) for undisclosed property shown on an included property report (not disclosed on the 1003) address XXXX. - Due Diligence Vendor-02/05/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-02/17/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/12/2026 Ready for Review-Document Uploaded. 1. Processor Cert for pay history 2. XXXX DOT - Seller-02/06/2026 |
Resolved-Client provided updated 1008 - Due Diligence Vendor-02/17/2026 |
Months Reserves exceed minimum required - Reserves = 26.92 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 734 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7464869 | |
| XXXX | XXXX | 10085644 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-02-05 10:22 | 2026-02-14 16:08 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Client provided DOT, HOI and Taxes for XXXX. Updated LM and REO Worksheet - Due Diligence Vendor-02/14/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/12/2026 Open-Missing proof of P&I and hazard insurance for undisclosed property shown on an included property report (not disclosed on the 1003) for XXXX. These amounts must be added to DTI, audit only added the taxes provided on the property report. - Due Diligence Vendor-02/05/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/12/2026 |
Resolved-Client provided DOT, HOI and Taxes for XXXX. Updated LM and REO Worksheet - Due Diligence Vendor-02/14/2026 |
Months Reserves exceed minimum required - Reserves = 26.92 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 734 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7464536 | |
| XXXX | XXXX | 10085644 | D | A | D | A | A | A | A | A | Closed | FCRE1194 | 2026-02-05 10:39 | 2026-02-06 15:19 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Lower value used and the median sale price decreased by less than 1%. - Due Diligence Vendor-02/06/2026 Open-Audited LTV of 78.95% exceeds Guideline LTV of 75% Max 80% for investment on alt doc matrix less 5% reduction for declining market. - Due Diligence Vendor-02/05/2026 |
Resolved-Lower value used and the median sale price decreased by less than 1%. - Due Diligence Vendor-02/06/2026 |
Months Reserves exceed minimum required - Reserves = 26.92 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 734 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7465206 | |||
| XXXX | XXXX | 10085644 | D | A | D | A | A | A | A | A | Closed | FCRE0044 | 2026-02-04 16:06 | 2026-02-06 09:30 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-No new debt reflected on the credit refresh for the XXXX inquiry. XXXX inquiry from XXXX was reflected on the credit report. - Due Diligence Vendor-02/06/2026 Open-LOX for credit inquiries is missing. credit inquiries is missing. - Due Diligence Vendor-02/04/2026 |
Resolved-No new debt reflected on the credit refresh for the XXXX inquiry. XXXX inquiry from November was reflected on the credit report. - Due Diligence Vendor-02/06/2026 |
Months Reserves exceed minimum required - Reserves = 26.92 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 734 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7448197 | |||
| XXXX | XXXX | 10085644 | D | A | D | A | A | A | A | A | Closed | FCRE8702 | 2026-02-05 10:11 | 2026-02-06 09:03 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-The Business Entity Formation Document received. - Due Diligence Vendor-02/06/2026 Ready for Review-Document Uploaded. EIN # - Buyer-02/05/2026 Open-The Business Entity Formation Document is incomplete Missing Tax Identification Number (Employer Identification Number – EIN) for vested entity. - Due Diligence Vendor-02/05/2026 |
Resolved-The Business Entity Formation Document received. - Due Diligence Vendor-02/06/2026 |
Months Reserves exceed minimum required - Reserves = 26.92 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 734 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7463823 | ||
| XXXX | XXXX | 10085644 | D | A | D | A | A | A | A | A | Closed | FCRE1510 | 2026-02-03 14:30 | 2026-02-06 09:02 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Legal description was provided with Deed of Trust. - Due Diligence Vendor-02/06/2026 Ready for Review-Document Uploaded. Full DOT with Legal Description - Buyer-02/05/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. missing legal description - Due Diligence Vendor-02/03/2026 |
Resolved-Legal description was provided with Deed of Trust. - Due Diligence Vendor-02/06/2026 |
Months Reserves exceed minimum required - Reserves = 26.92 months – Required Reserves = 3 Months Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 734 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7424421 | ||
| XXXX | 10110783 | C | A | A | A | C | A | A | A | Closed | FCOM9998 | 2026-02-05 09:47 | 2026-02-06 11:37 | Resolved | 1 - Information | C | A | Compliance | TRID | Closing Disclosure Issue | 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. HI please see attached for final ss and final PCCD :) thank u - Seller-02/06/2026 Open------Final CD reflects a Loan Origination fee paid by Lender that was not disclosed on initial LE nor has a COC been provided for this increase. If this fee is Loan Originator Compensation, it must be identified as such on the final CD. A Loan Origination fee is a borrower paid fee and included in tolerance testing unless previously agreed this would be a lender responsibility per a Rate-Lock agreement or similar documentation. Fee clarification must be provided and upon receipt, additional findings may apply. - Due Diligence Vendor-02/05/2026 |
Ready for Review-Document Uploaded. HI please see attached for final ss and final PCCD :) thank u - Seller-02/06/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-02/06/2026 |
LTV is less than guideline maximum - LTV 79.99% max 90% LTV. Required is 90 Borrower has 79.99 Qualifying DTI below maximum allowed - DTI 31.92 max 50%. Required is 50 Borrower has 31.92 Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 776; minimum score 620. Required is 620 Borrower has 776 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7462432 | ||
| XXXX | XXXX | 10110703 | D | B | D | B | A | A | A | A | Closed | FCRE0074 | 2026-02-09 13:57 | 2026-03-03 13:40 | Resolved | 1 - Information | C | A | Credit | Eligibility | Leasehold document missing | Resolved-Received Signed and Notarized copy of the leasehold with an expiration year of XXXX. - Due Diligence Vendor-03/03/2026 Ready for Review-Document Uploaded. Leasehold attached - Seller-03/02/2026 Open-The leasehold agreement in file is not dated and was not executed or notarized. - Due Diligence Vendor-02/09/2026 |
Ready for Review-Document Uploaded. Leasehold attached - Seller-03/02/2026 |
Resolved-Received Signed and Notarized copy of the leasehold with an expiration year of XXXX. - Due Diligence Vendor-03/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 709 Qualifying DTI below maximum allowed - Required is 45 Borrower has 23.34 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7521654 | |
| XXXX | XXXX | 10110703 | D | B | D | B | A | A | A | A | Closed | FCRE1440 | 2026-02-09 15:09 | 2026-03-02 14:31 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client provided a waiver for no housing history documentation, applied to non material finding with comp factors - Due Diligence Vendor-03/02/2026 Ready for Review-Document Uploaded. 1. exception request 2. Exception approval for Housing history - Buyer-02/27/2026 Counter-Finding remains. Missing Exception Approval for housing history - Due Diligence Vendor-02/14/2026 Ready for Review-Document Uploaded. Exception form is attached - Buyer-02/12/2026 Open-Housing History Does Not Meet Guideline Requirements Borrowers who do not have a complete 12-month housing history are subject to all of the following restrictions: Primary residence only, Minimum 6 months reserves after closing, 10% minimum borrower contribution, Max 45% DTI. Lender exception in file approved for borrower living rent-free. Although the loan file contains the Investor's exception approval, the exception scenario request form from the lender was not provided. - Due Diligence Vendor-02/09/2026 |
Waived-Client provided a waiver for no housing history documentation, applied to non material finding with comp factors - Due Diligence Vendor-03/02/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 709 Qualifying DTI below maximum allowed - Required is 45 Borrower has 23.34 |
DTI 20 below max 45% Reserves 12+ months Residual income 10k above required LTV 5% below max. 10 yrs same business Credit - low usage |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | Investor Post-Close | No | 7523056 | |
| XXXX | XXXX | 10110703 | D | B | D | B | A | A | A | A | Closed | FCRE5782 | 2026-02-06 15:13 | 2026-02-19 14:08 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Gap Report pulled XXXX no new debts/inquires - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. Please re-review. Order date is date ordered, report date is on bottom of report showing UDN monitoring was printed on XXXX - Buyer-02/17/2026 Counter-Client provided UDM dated 51 days prior to Note date. This report is to be 10 days from Note date - Due Diligence Vendor-02/14/2026 Ready for Review-Document Uploaded. UDN attached covers through XXXX - Seller-02/12/2026 Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-02/06/2026 |
Ready for Review-Document Uploaded. UDN attached covers through XXXX - Seller-02/12/2026 |
Resolved-Gap Report pulled XXXX no new debts/inquires - Due Diligence Vendor-02/19/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 709 Qualifying DTI below maximum allowed - Required is 45 Borrower has 23.34 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7497522 | |
| XXXX | XXXX | 10110703 | D | B | D | B | A | A | A | A | Closed | FCRE1481 | 2026-02-09 14:27 | 2026-02-14 15:16 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 3 Does Not Meet Guideline Requirements | Resolved-Client provided signature card for XXXX and reflects joint account - Due Diligence Vendor-02/14/2026 Ready for Review-Document Uploaded. 1. Attached is proof borrower is owner of the account. I had Marked it by mistake not to ship....with rE: to another condition 2. Can you advise on What Leashold you are referring to? Need detail on that condition thanks - Buyer-02/12/2026 Open-Asset Record 3 Does Not Meet G/L Requirements Account statement for XXXX, does not list the borrower as a joint-owner of the account ending XXXX. Additionally, guidelines specifically address Spousal accounts and not accounts owned by other familty members. Lender to provide additional documentaiton to show the borrower is a joint owner of the account. If the borrower is not a joint owner, lender to provide a gift-letter from the account owner for sufficient funds to close. Please note the funds in the referenced account cannot be used for reserves requirements. Additional conditions may apply. - Due Diligence Vendor-02/09/2026 |
Resolved-Client provided signature card for XXXX and reflects joint account - Due Diligence Vendor-02/14/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 709 Qualifying DTI below maximum allowed - Required is 45 Borrower has 23.34 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7522205 | ||
| XXXX | XXXX | 10110698 | D | A | D | A | A | A | A | A | Closed | FCRE1316 | 2026-02-09 08:09 | 2026-02-13 17:02 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received verification business is active. - Due Diligence Vendor-02/13/2026 Ready for Review-Document Uploaded. XXXX DOES reflect "active" - Seller-02/11/2026 Counter-Finding remains. Client provided XXXX which does not reflect if business is still active. - Due Diligence Vendor-02/11/2026 Ready for Review-Document Uploaded. VVOE - Buyer-02/09/2026 Open-Borrower 1 3rd Party VOE Prior to Close Missing Please provide a Verbal VOE for borower's business within 10 days prior to closing to confirm the business is still actve. - Due Diligence Vendor-02/09/2026 |
Ready for Review-Document Uploaded. XXXX DOES reflect "active" - Seller-02/11/2026 |
Resolved-Received verification business is active. - Due Diligence Vendor-02/13/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.01 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 784. Required is 700 Borrower has 784 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7513035 | |
| XXXX | XXXX | 10110698 | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2026-02-09 08:09 | 2026-02-13 17:02 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received tax preparer letter and tax preparer verification. - Due Diligence Vendor-02/13/2026 Ready for Review-Document Uploaded. CPA letter verifies ownership... the XXXX we previously provided shows "active" and the page after the CPA letter shows CPA info - Buyer-02/11/2026 Counter-Finding Remains... CPA letter provided does not reflect license information and if the business is currently active - Due Diligence Vendor-02/11/2026 Ready for Review-Document Uploaded. CPA letter... the VVOE we uplaoded shows the business open since XXXX - Buyer-02/09/2026 Open-Borrower 1 CPA Letter Missing Please provide CPA letter detailing the borrower's percentage of ownership of the borrower's business and how longthe business has been in existence. - Due Diligence Vendor-02/09/2026 |
Resolved-Received tax preparer letter and tax preparer verification. - Due Diligence Vendor-02/13/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.01 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 784. Required is 700 Borrower has 784 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7513036 | ||
| XXXX | XXXX | 10110698 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2026-02-09 08:39 | 2026-02-13 16:58 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received missing REO documentation. - Due Diligence Vendor-02/13/2026 Ready for Review-Document Uploaded. XXXX - Seller-02/11/2026 Counter-Finding remains. Client provided HUD1 from purchase of XXXX. First payment letter shows T&I. . Still missing Property Detail reports for XXXX per original Finding - Due Diligence Vendor-02/11/2026 Ready for Review-Document Uploaded. XXXX docs - Seller-02/09/2026 Open-Housing History Does Not Meet Guideline Requirements Please provide proof the payment for XXXX includes monthly impounds for HOI and taxes. If not - provide HOI/Tax bill for include in DTI. Please provide property datail reports for the REO properties located on XXXX (with the exception of the subject property), to confirm these properties are Free and Clear. Provide evidence of the tax amount and the HOI and HOA amount if applicable. - Due Diligence Vendor-02/09/2026 |
Ready for Review-Document Uploaded. 1. XXXX XXXX - Seller-02/11/2026 Ready for Review-Document Uploaded. To see who made changes to a shared Excel spreadsheet in OneDrive, open the file in Excel for the Web, go to the Review tab, and click Show Changes. This pane shows user names, timestamps, and previous values for edits made within the last 60 days. For a broader overview, use File > Info > Version History to see and restore previous versions docs - Seller-02/09/2026 |
Resolved-Received missing REO documentation. - Due Diligence Vendor-02/13/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.01 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 784. Required is 700 Borrower has 784 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7513745 | |
| XXXX | XXXX | 10110698 | D | A | D | A | A | A | A | A | Closed | FCRE8700 | 2026-02-09 07:42 | 2026-02-11 12:22 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Missing EIN Number for Business Entity | Resolved-Business Entity EIN value is acceptable. - Due Diligence Vendor-02/11/2026 Ready for Review-Document Uploaded. EIN - Seller-02/09/2026 Open-Business Entity EIN value is invalid (Field value is ''). Missing EIN number documentation. - Due Diligence Vendor-02/09/2026 |
Ready for Review-Document Uploaded. EIN - Seller-02/09/2026 |
Resolved-Business Entity EIN value is acceptable. - Due Diligence Vendor-02/11/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.01 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 784. Required is 700 Borrower has 784 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7512624 | |
| XXXX | XXXX | 10146812 | D | A | D | A | A | A | A | A | Closed | FCRE1198 | 2026-02-09 10:05 | 2026-02-19 12:12 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Although the XXXX statement XXXX includes a XXXX large deposit the borrower sold a property and provided the HUD. The large deposit is included in funds verified. Reserves are sufficient. - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. The applicant provided the explanation for the deposit. Attached are the closing statement for the sale of XXXX, the bylaws confirming his ownership on the entity XXXX., and proof of XXXX in proceeds received from the transaction. - Seller-02/19/2026 Counter-Finding remains. Sourcing large deposit is at UW's discretion. Provide 1008 that UW has noted the deposit and is waiving the requirement to source - Due Diligence Vendor-02/14/2026 Ready for Review-Document Uploaded. Seller response - DSCR Deposit sourcing is at underwriter discretion - Seller-02/12/2026 Counter-Received XXXX statement. Statement reflect a deposit of XXXX. Guideline 5.4.1 Verification of Assets-Large deposits must be sourced. Large deposits are defined as a single deposit that exceeds 50% of the total monthly qualifying income for the loan. For DSCR loans, assets must be documented with the most recent 30 day statement and large deposits are up to the Underwriter’s discretion to require sourcing or not. - Due Diligence Vendor-02/11/2026 Ready for Review-Document Uploaded. Additional Proof of Funds used by UW. Corporation documentation was included in the original loan file - Buyer-02/10/2026 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 3 month(s) Insufficient assets documented to meet cash to close. Additional 3 months reserves are required. - Due Diligence Vendor-02/09/2026 |
Ready for Review-Document Uploaded. The applicant provided the explanation for the deposit. Attached are the closing statement for the sale of XXXX, the bylaws confirming his ownership on the entity XXXX, and proof of XXXX in proceeds received from the transaction. - Seller-02/19/2026 Ready for Review-Document Uploaded. Seller response - DSCR Deposit sourcing is at underwriter discretion - Seller-02/12/2026 |
Resolved-Although the XXXX statement XXXX includes a $200,000 large deposit the borrower sold a property and provided the HUD. The large deposit is included in funds verified. Reserves are sufficient. - Due Diligence Vendor-02/19/2026 |
On time mortgage history exceeds guideline requirement - 1x30x12, actual 0x30x78 Months Reserves exceed minimum required - Reserves = 43 months – Required Reserves = 3 Months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7515444 | |
| XXXX | XXXX | 10146812 | D | A | D | A | A | A | A | A | Closed | FCRE9501 | 2026-02-09 09:49 | 2026-02-19 12:10 | Resolved | 1 - Information | C | A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Although the XXXX statement XXXX includes a XXXX large deposit, the borrower sold a property and provided the HUD. The large deposit is included in funds verified. - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. The applicant provided the explanation for the deposit. Attached are the closing statement for the sale of XXXX, the bylaws confirming his ownership on the entity XXXX., and proof of XXXX in proceeds received from the transaction. - Buyer-02/19/2026 Counter-Finding remains. Requesting 1008 with UW notes of XXXX deposit and agrees to waiving the sourcing requirement - Due Diligence Vendor-02/14/2026 Ready for Review-Document Uploaded. Seller response - DSCR Deposit sourcing is at underwriter discretion - Buyer-02/12/2026 Counter-Received XXXX statement. Statement reflect a deposit of XXXX. Guideline 5.4.1 Verification of Assets-Large deposits must be sourced. Large deposits are defined as a single deposit that exceeds 50% of the total monthly qualifying income for the loan. For DSCR loans, assets must be documented with the most recent 30 day statement and large deposits are up to the Underwriter’s discretion to require sourcing or not. not. - Due Diligence Vendor-02/11/2026 Ready for Review-Document Uploaded. Additional Proof of Funds used by UW. Corporation documentation was included in the original loan file - Seller-02/10/2026 Open-Total Qualified Assets Post-Close amount is 'XXXX'. Assets are Insufficient. Insufficient assets documented. - Due Diligence Vendor-02/09/2026 |
Ready for Review-Document Uploaded. Additional Proof of Funds used by UW. Corporation documentation was included in the original loan file - Seller-02/10/2026 |
Resolved-Although the XXXX statement XXXX includes a $200,000 large deposit, the borrower sold a property and provided the HUD. The large deposit is included in funds verified. - Due Diligence Vendor-02/19/2026 |
On time mortgage history exceeds guideline requirement - 1x30x12, actual 0x30x78 Months Reserves exceed minimum required - Reserves = 43 months – Required Reserves = 3 Months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7515071 | |
| XXXX | XXXX | 10146812 | D | A | D | A | A | A | A | A | Closed | FCRE0070 | 2026-02-09 10:05 | 2026-02-11 15:05 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (3) | Resolved-Received loan summary with loan terms. - Due Diligence Vendor-02/11/2026 Ready for Review-Document Uploaded. Attached document is our UW approval that was delivered with the initial loan file. Please escalate. - Buyer-02/10/2026 Open-Missing Approval/Underwriting Summary 1008/Approval is required - Due Diligence Vendor-02/09/2026 |
Resolved-Received loan summary with loan terms. - Due Diligence Vendor-02/11/2026 |
On time mortgage history exceeds guideline requirement - 1x30x12, actual 0x30x78 Months Reserves exceed minimum required - Reserves = 43 months – Required Reserves = 3 Months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7515446 | ||
| XXXX | 10110769 | B | B | A | A | B | B | A | A | Closed | FCOM1353 | 2026-02-06 10:50 | 2026-02-06 10:50 | 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-02/06/2026 | 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-02/06/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 728 Required is 680 Borrower has 728 Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.54 Required is 50 Borrower has 38.54 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 7489316 | ||||
| XXXX | XXXX | 10146806 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-02-10 09:22 | 2026-02-19 13:31 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received UDM dated XXXX - No new inquiries/debts - Due Diligence Vendor-02/19/2026 Counter-Finding remains. Per GL 4.2 Verification of monitoring documents needs to clearly show date issued, created or printer within 10 days of the closing date showing active monitoring. Documents provided were ordered XXXX - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-02/17/2026 Counter-Gap Report provided is not dated within 10 days. Finding remains. - Due Diligence Vendor-02/13/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-02/11/2026 Open-Borrower 1 Gap Credit Report is Missing Gap Credit is missing and not reflected on Fraud. - Due Diligence Vendor-02/10/2026 |
Resolved-Received UDM dated XXXX - No new inquiries/debts - Due Diligence Vendor-02/19/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 749 Required is 660 Borrower has 749 LTV is less than guideline maximum - Required is 85 Borrower has 70 Required is 85 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 24.11 Required is 50 Borrower has 24.11 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7534791 | ||
| XXXX | XXXX | 10104468 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-02-10 08:20 | 2026-02-17 15:32 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received business purpose affidavit. - Due Diligence Vendor-02/17/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-02/13/2026 Open-The Business Purpose Affidavit Disclosure is Missing Business Purpose Affidavit Disclosure is Missing - Due Diligence Vendor-02/10/2026 |
Resolved-Received business purpose affidavit. - Due Diligence Vendor-02/17/2026 |
LTV is less than guideline maximum - Required is 85 Borrower has 61.13 Required is 85 Borrower has 61.13 Qualifying DTI below maximum allowed - Required is 50 Borrower has 36.78 Required is 50 Borrower has 36.78 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 | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7533274 | ||
| XXXX | XXXX | 10104468 | D | A | D | A | A | A | A | A | Closed | FCRE1201 | 2026-02-10 10:05 | 2026-02-13 16:18 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-02/13/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-02/11/2026 Open-Missing Third Party Fraud Report - Due Diligence Vendor-02/11/2026 |
Resolved-Received Fraud Report. - Due Diligence Vendor-02/13/2026 |
LTV is less than guideline maximum - Required is 85 Borrower has 61.13 Required is 85 Borrower has 61.13 Qualifying DTI below maximum allowed - Required is 50 Borrower has 36.78 Required is 50 Borrower has 36.78 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 | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7535740 | ||
| XXXX | 10110787 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | |||||||||||||||||||
| XXXX | XXXX | 10110004 | A | A | A | A | A | A | A | A | A | A | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XXXX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10146811 | C | B | C | B | A | A | A | A | Closed | FCRE5774 | 2026-02-12 13:48 | 2026-04-27 15:29 | Waived | 2 - Non-Material | C | B | Credit | Borrower | Borrower 1 Credit Report is Incomplete | Waived-Client provided a waiver for post close credit report, applied to non material finding with reviewed comp factors - Due Diligence Vendor-03/02/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-02/27/2026 Counter-Received exception request provide client exception approval for review. - Due Diligence Vendor-02/25/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-02/24/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/17/2026 Open-Borrower 1 Credit Report is Partially Present. Missing credit report used to qualify borrower prior to the close of subject transaction. Note provided is dated XXXX; however, credit report is dated XXXX. Other findings may apply. - Due Diligence Vendor-02/12/2026 |
Waived-Client provided a waiver for post close credit report, applied to non material finding with reviewed comp factors - Due Diligence Vendor-03/02/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 793 Months Reserves exceed minimum required - Reserves: 86 Min 3 |
There will be an Exception LLPA hit of .25 that will apply for this specific exception. | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 7588768 | |
| XXXX | XXXX | 10146811 | C | B | C | B | A | A | A | A | Closed | FCRE1151 | 2026-02-12 13:28 | 2026-02-18 07:31 | Resolved | 1 - Information | C | A | Credit | Title | Satisfactory Chain of Title not Provided | Resolved-Client provided deed dated XXXX with LOX to confirm chain of title. Appraisal supports chain of title stating last sale/transfer XXXX - Due Diligence Vendor-02/18/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/17/2026 Open-Unsatisfactory Chain of Title provided. Missing required 24 Month Chain of Title - Due Diligence Vendor-02/12/2026 |
Resolved-Client provided deed dated XXXX with LOX to confirm chain of title. Appraisal supports chain of title stating last sale/transfer XXXX - Due Diligence Vendor-02/18/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 793 Months Reserves exceed minimum required - Reserves: 86 Min 3 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7588296 | ||
| XXXX | 10110779 | C | B | C | B | C | A | A | A | Closed | FCRE1194 | 2026-02-12 14:30 | 2026-02-20 13:50 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Originator provided a waiver for LTV , applied to non material finding with comp factors - Due Diligence Vendor-02/20/2026 Ready for Review-Document Uploaded. PCE uploaded - Seller-02/20/2026 Ready for Review-We are allowed use the middle fico of the person who has the highest income. The coborrower has the highest income therefore we can use the 718 Fico - Seller-02/19/2026 Open-Audited LTV of 80% exceeds Guideline LTV of 75% Credit score of < 660 maximum LTV of rate and term of 75% - Due Diligence Vendor-02/12/2026 |
Ready for Review-Document Uploaded. PCE uploaded - Seller-02/20/2026 Ready for Review-We are allowed use the middle fico of the person who has the highest income. The coborrower has the highest income therefore we can use the 718 Fico - Seller-02/19/2026 |
Waived-Originator provided a waiver for LTV , applied to non material finding with comp factors - Due Diligence Vendor-02/20/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.31 Required is 50 Borrower has 40.31 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 658 Required is 620 Borrower has 658 |
Long Term Homeowner DTI < 43% Long term Employment |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | N/A | 7589514 | |
| XXXX | 10110779 | C | B | C | B | C | A | A | A | Closed | finding-47 | 2026-02-11 12:11 | 2026-02-20 11:47 | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved------Received PCCD XXXX, disbursement date XXXX,. Finding resolved. - Due Diligence Vendor-02/20/2026 Ready for Review-Document Uploaded. PCCD uploaded - Seller-02/19/2026 Open-This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation.The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. -----The Cancel of Date on the Right to Cancel doc is XXXX, and is less than three days from the closing date of XXXX,. Three days of Rescission was not provided to borrower. Provide evidence that rescission was re-opened for a full three days. - Due Diligence Vendor-02/11/2026 |
Ready for Review-Document Uploaded. PCCD uploaded - Seller-02/19/2026 |
Resolved------Received PCCD XXXX, disbursement date XXXX. Finding resolved. - Due Diligence Vendor-02/20/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.31 Required is 50 Borrower has 40.31 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 658 Required is 620 Borrower has 658 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7562420 | ||
| XXXX | 10026601 | 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 | XXXX | Primary Residence | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 10110781 | C | A | A | A | C | A | A | A | Closed | finding-47 | 2026-02-12 12:13 | 2026-02-19 09:02 | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. please let us know what is incorrect about the upl recession. loan closed XXXX, recession up XXXX, & loan funded XXXX, per final cd in the file. - Seller-02/18/2026 Open-This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation.The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. -----The Cancel of Date on the Right to Cancel doc is XXXX, and is less than three days from the closing date of XXXX. Three days of Rescission was not provided to borrower. Provide evidence that rescission was re-opened for a full three days. - Due Diligence Vendor-02/12/2026 |
Ready for Review-Document Uploaded. please let us know what is incorrect about the upl recession. loan closed XXXX recession up XXXX & loan funded XXXX per final cd in the file. - Seller-02/18/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-02/19/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 761 Required is 660 Borrower has 761 LTV is less than guideline maximum - Required is 75 Borrower has 67.72 Required is 75 Borrower has 67.72 Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.79 Required is 50 Borrower has 38.79 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7586647 | ||
| XXXX | XXXX | 10110032 | D | B | D | A | C | B | A | A | Closed | FCRE1440 | 2026-02-19 12:32 | 2026-03-09 09:29 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received credit supplement confirming Jan payment made timely. - Due Diligence Vendor-03/09/2026 Ready for Review-Document Uploaded. - Seller-03/05/2026 Open-Housing History Does Not Meet Guideline Requirements Mortgage statement in file date XXXX, reflects borrower is still due for the XXXX, mortgage payment. Provide documentation to support payment was made as the guidelines require a 0x30x12 housing history. Additional conditions may apply. - Due Diligence Vendor-02/19/2026 |
Ready for Review-Document Uploaded. - Seller-03/05/2026 |
Resolved-Received credit supplement confirming Jan payment made timely. - Due Diligence Vendor-03/09/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 787 Qualifying DTI below maximum allowed - Required is 50 Borrower has 35.41 LTV is less than guideline maximum - Required is 80 Borrower has 75 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7702289 | |
| XXXX | XXXX | 10110032 | D | B | D | A | C | B | A | A | Closed | FCRE6019 | 2026-02-13 13:25 | 2026-03-06 07:54 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-County of origin provided. - Due Diligence Vendor-03/06/2026 Counter-Verification of the country of origin is required for securitization. - Due Diligence Vendor-02/27/2026 Ready for Review-Guidelines state that a gov't photo id from XXXX,. or eligible country of origin is required, and the borrower has a XXXX, state driver's license. Can you please review and waive this condition. - Seller-02/24/2026 Counter-It appears the ITIN meets the lender guidelines with current ITIN# and 2 year employment history, however documentation to support the country of origin is required for securitization. - Due Diligence Vendor-02/23/2026 Ready for Review-ITIN documentation provided as last page of full package, pg. 837. Is this document not acceptable? - Seller-02/20/2026 Open-Borrower Citizenship Documentation Is Missing Guidelines require for ITIN documentation, a Government photo ID from XXXX, or eligible country of origin. Examples include: o Government license, o passport, o matricular consular, etc. o A Visa is not required in addition to the above for an ITIN borrower The required documentation is missing from the loan file. - Due Diligence Vendor-02/18/2026 |
Ready for Review-Guidelines state that a gov't photo id from XXXX. or eligible country of origin is required, and the borrower has a XXXX state driver's license. Can you please review and waive this condition. - Seller-02/24/2026 Ready for Review-ITIN documentation provided as last page of full package, pg. 837. Is this document not acceptable? - Seller-02/20/2026 |
Resolved-County of origin provided. - Due Diligence Vendor-03/06/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 787 Qualifying DTI below maximum allowed - Required is 50 Borrower has 35.41 LTV is less than guideline maximum - Required is 80 Borrower has 75 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7614196 | ||
| XXXX | XXXX | 10110032 | D | B | D | A | C | B | A | A | Closed | finding-3545 | 2026-02-13 14:29 | 2026-02-24 10:07 | Resolved | 1 - Information | C | A | Compliance | TRID | Revised Closing Disclosure Delivery Date and Changed Circumstances Date Test | Resolved------Received PCCD 02/20/2026. Finding Resolved. - Due Diligence Vendor-02/24/2026 Ready for Review-Uploaded post-com CD to other condition. - Seller-02/23/2026 Open-This loan failed the revised closing disclosure delivery date and changed circumstances date test. ( 12 CFR §1026.19(e)(3)(iv)(A) - (C), (E), (F) , and (D) as amended in 2015 , 12 CFR §1026.19(e)(4)(i) )The revised closing disclosure delivery date is either:Later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor receives information sufficient to establish that a changed circumstance has occurred; orBefore the creditor receives information sufficient to establish that a changed circumstance has occurred.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(4)(i) (revised loan estimate disclosure) and §1026.19(e)(4)(ii) (relationship to closing disclosure). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayAs not being open on SaturdayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If a creditor uses a revised estimate for the purpose of determining good faith for the zero tolerance and 10% tolerance categories under §1026.19(e)(3)(i) and (ii), the creditor shall provide a revised version of the disclosures required under §1026.19(e)(1)(i) reflecting the revised estimate either:Within three business days of receiving information sufficient to establish that one of the reasons for revision provided under §1026.19(e)(3)(iv)(A) through (C), (E) and (F) applies; orNo later than three business days after the date the interest rate is locked, for revision provided under §1026.19(e)(3)(iv)(D). The revised version of the disclosures required under §1026.19(e)(1)(i) shall contain the revised interest rate, the points disclosed pursuant to §1026.37(f)(1), lender credits, and any other interest rate dependent charges and terms.Official Interpretations12 C.F.R. §1026.19(e)(4)(ii)Relationship to disclosures required under §1026.19(f)(1)(i).Revised disclosures may not be delivered at the same time as the Closing Disclosure. §1026.19(e)(4)(ii) prohibits a creditor from providing a revised version of the disclosures required under §1026.19(e)(1)(i) on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i)...However, if a creditor uses a revised estimate pursuant to § 1026.19(e)(3)(iv) for the purpose of determining good faith under § 1026.19(e)(3)(i) and (ii), § 1026.19(e)(4)(i) permits the creditor to provide the revised estimate in the disclosures required under § 1026.19(f)(1)(i) (including any corrected disclosures provided under § 1026.19(f)(2)(i) or (ii)). -----Provide Revised CD within 3 days from COC XXXX, - Due Diligence Vendor-02/13/2026 |
Ready for Review-Uploaded post-com CD to other condition. - Seller-02/23/2026 |
Resolved------Received PCCD XXXX. Finding Resolved. - Due Diligence Vendor-02/24/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 787 Qualifying DTI below maximum allowed - Required is 50 Borrower has 35.41 LTV is less than guideline maximum - Required is 80 Borrower has 75 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7616039 | ||
| XXXX | XXXX | 10110032 | D | B | D | A | C | B | A | A | Closed | finding-3652 | 2026-02-13 14:29 | 2026-02-24 09:59 | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-----Received PCCD 02/20/2026. Finding Resolved. - Due Diligence Vendor-02/24/2026 Ready for Review-Document Uploaded. This was cured at closing but not accurately reflected on final CD. Post-consummation CD is uploaded. - Seller-02/23/2026 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 ($4,640.63) does not exceed or equal the comparable sum of specific and non-specific lender credits ($4,650.00). 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 $4,650.00 to $4,640.63 without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of $9.37, 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. COC XXXX is more than 3 days from CD XXXX - Due Diligence Vendor-02/13/2026 |
Ready for Review-Document Uploaded. This was cured at closing but not accurately reflected on final CD. Post-consummation CD is uploaded. - Seller-02/23/2026 |
Resolved-----Received PCCD XXXX. Finding Resolved. - Due Diligence Vendor-02/24/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 787 Qualifying DTI below maximum allowed - Required is 50 Borrower has 35.41 LTV is less than guideline maximum - Required is 80 Borrower has 75 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7616041 | |
| XXXX | XXXX | 10110032 | D | B | D | A | C | B | A | A | Closed | FCOM5135 | 2026-02-13 13:59 | 2026-02-13 13:59 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-02/13/2026 | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-02/13/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 787 Qualifying DTI below maximum allowed - Required is 50 Borrower has 35.41 LTV is less than guideline maximum - Required is 80 Borrower has 75 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 7615406 | |||
| XXXX | XXXX | 10110699 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-02-17 12:45 | 2026-02-25 16:55 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Note, payment coupon, and HOA documents provided. - Due Diligence Vendor-02/25/2026 Ready for Review-Document Uploaded. Supporting docs - Buyer-02/25/2026 Open-REO 3j documentation of new mortgage payment not provided. - Due Diligence Vendor-02/17/2026 |
Resolved-Note, payment coupon, and HOA documents provided. - Due Diligence Vendor-02/25/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 762 Required is 660 Borrower has 762 LTV is less than guideline maximum - Required is 85 Borrower has 58.78 Required is 85 Borrower has 58.78 Qualifying DTI below maximum allowed - Required is 50 Borrower has 25.14 Required is 50 Borrower has 24.81 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7658859 | ||
| XXXX | XXXX | 10110700 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 10110687 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 10110768 | C | A | C | A | A | A | A | A | Closed | FCRE1506 | 2026-02-20 11:51 | 2026-03-23 15:28 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-03/23/2026 Ready for Review-Document Uploaded. Uploaded - Rebuttal reg Solar Agreement - Seller-03/20/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Subject property has solar. Per purchase contract, solar agreement being transferred to the borrower. Solar agreement in file. Provide documentation to verify monthly payment and balance. Lender did not include in DTI. Additional conditions may apply. - Due Diligence Vendor-02/20/2026 |
Ready for Review-Document Uploaded. Uploaded - Rebuttal reg Solar Agreement - Seller-03/20/2026 |
Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-03/23/2026 |
Qualifying DTI below maximum allowed - DTI 37.45; max 50%. Required is 50 Borrower has 37.45 Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 653; min score 620. Required is 620 Borrower has 653 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7723998 | ||
| XXXX | 10110768 | C | A | C | A | A | A | A | A | Closed | FCRE0110 | 2026-02-20 10:39 | 2026-03-23 15:25 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing or incomplete documentation for Solar Panels | Resolved-Client provided full Solar Agreement, this is a power purchase meaning where the payment is calculated solely based on the energy produced. May be excluded from DTI ratio(per GL 1.12.3) - Due Diligence Vendor-03/23/2026 Ready for Review-Document Uploaded. see attached - Rebuttal reg Solar Agreement - Seller-03/20/2026 Open-Subject property has solar. Per purchase contract, solar agreement being transferred to the borrower. Solar agreement in file. Provide documentation to verify monthly payment and balance. Lender did not include in DTI. Additional conditions may apply. - Due Diligence Vendor-02/20/2026 |
Ready for Review-Document Uploaded. see attached - Rebuttal reg Solar Agreement - Seller-03/20/2026 |
Resolved-Client provided full Solar Agreement, this is a power purchase meaning where the payment is calculated solely based on the energy produced. May be excluded from DTI ratio(per GL 1.12.3) - Due Diligence Vendor-03/23/2026 |
Qualifying DTI below maximum allowed - DTI 37.45; max 50%. Required is 50 Borrower has 37.45 Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 653; min score 620. Required is 620 Borrower has 653 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7721313 | ||
| XXXX | XXXX | 10104476 | D | A | D | A | A | A | C | A | Closed | FCRE6019 | 2026-02-26 17:10 | 2026-03-16 10:50 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-The borrower is a XXXX citizen and XXXX, participates in the XXXX waiver program. - Due Diligence Vendor-03/16/2026 Counter-Received XXXX, XXXX documentation. As borrower resides within XXXX,, XXXX is required. Must meet guidelines 3.1 - Due Diligence Vendor-03/09/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/06/2026 Counter-TN requirement states a XXXX, citizen residing outside the XXXX, are not required to have a XXXX, however borrowers Primary residence is in XXXX,. - Due Diligence Vendor-03/03/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/02/2026 Open-Borrower is a non-permanent resident and the I-94 document indicates Class XXXX,, which would require a XXXX and was not contained in the loan file. - Due Diligence Vendor-02/26/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/06/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/02/2026 |
Resolved-The borrower is a XXXX citizen and XXXX participates in the XXXX waiver program. - Due Diligence Vendor-03/16/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 782 Required is 700 Borrower has 782 Months Reserves exceed minimum required - 87.69 months reserves; 3 months reserves required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7832387 | |
| XXXX | XXXX | 10104476 | D | A | D | A | A | A | C | A | Closed | FCRE0184 | 2026-02-20 09:52 | 2026-02-25 16:25 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Cash-out Letter on a Business Purpose Loan | Resolved-Received cash out letter. - Due Diligence Vendor-02/25/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-02/23/2026 Open-Missing Cash-out Letter on a Business Purpose Loan. - Due Diligence Vendor-02/20/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-02/23/2026 |
Resolved-Received cash out letter. - Due Diligence Vendor-02/25/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 782 Required is 700 Borrower has 782 Months Reserves exceed minimum required - 87.69 months reserves; 3 months reserves required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7720040 | |
| XXXX | XXXX | 10104476 | D | A | D | A | A | A | C | A | Closed | FPRO1257 | 2026-02-20 09:18 | 2026-02-25 16:20 | Resolved | 1 - Information | C | A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received Desk Review. Value supported. - Due Diligence Vendor-02/25/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-02/23/2026 Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. - Due Diligence Vendor-02/20/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-02/23/2026 |
Resolved-Received Desk Review. Value supported. - Due Diligence Vendor-02/25/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 782 Required is 700 Borrower has 782 Months Reserves exceed minimum required - 87.69 months reserves; 3 months reserves required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7719217 | |
| XXXX | XXXX | 10151242 | C | B | C | B | A | A | A | A | Closed | FCRE8201 | 2026-02-20 15:47 | 2026-02-26 10:31 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client waiver applied to non-material finding with compensating factors. Exception for borrower exposure of XXXX and XXXX loans. - Due Diligence Vendor-02/26/2026 Ready for Review-Document Uploaded. XXXX approval - Buyer-02/26/2026 Counter-Originator exception provided, please provide the Client request and approval. - Due Diligence Vendor-02/25/2026 Ready for Review-Document Uploaded. exception - Buyer-02/24/2026 Open-Originator exception in file for borrower exposure over XXXX and over XXXX loans, pending purchaser waiver. - Due Diligence Vendor-02/24/2026 |
Waived-Client waiver applied to non-material finding with compensating factors. Exception for borrower exposure of $7.5 MM and 10 loans. - Due Diligence Vendor-02/26/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 3.52 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 766 |
Total Debt 10% or more under requirement Reserves 12+ months more than requirement Residual Income $3K or more Long Term Employment (>5 yrs) Long Term Homeownership (>5 years) |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Investor Post-Close | No | 7729497 | |
| XXXX | XXXX | 10156819 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | 10110780 | D | A | D | A | C | A | A | A | Closed | FCRE7497 | 2026-02-23 13:08 | 2026-03-04 15:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received HOA statement - Due Diligence Vendor-03/04/2026 Ready for Review-Document Uploaded. - Seller-03/03/2026 Counter-HOA for 3c provided, however we are missing HOA verification for the XXXX, Property - Due Diligence Vendor-03/02/2026 Ready for Review-Document Uploaded. uploaded HOA statement - Seller-02/26/2026 Open-Missing HOA for REO 3b. - Due Diligence Vendor-02/23/2026 |
Ready for Review-Document Uploaded. - Seller-03/03/2026 Ready for Review-Document Uploaded. uploaded HOA statement - Seller-02/26/2026 |
Resolved-Received HOA statement - Due Diligence Vendor-03/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 758 LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7759794 | ||
| XXXX | 10110780 | D | A | D | A | C | A | A | A | Closed | finding-3540 | 2026-02-20 10:03 | 2026-02-25 08:19 | Resolved | 1 - Information | C | A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test | Resolved------Received Disclosure Tracking with evidence CD XXXX received XXXX. Finding resolved. - Due Diligence Vendor-02/25/2026 Ready for Review-Document Uploaded. uploaded disclosure tracking - Seller-02/24/2026 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, First Class Mail" 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. ---- CD XXXX, is not signed and there is no evidence of when it was provided to borrower. Statute of Limitations 3 years- Expiration date is XXXX,. - Due Diligence Vendor-02/20/2026 |
Ready for Review-Document Uploaded. uploaded disclosure tracking - Seller-02/24/2026 |
Resolved------Received Disclosure Tracking with evidence CD XXXX received XXXX. Finding resolved. - Due Diligence Vendor-02/25/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 758 LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7720269 | ||
| XXXX | XXXX | 10110686 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-02-24 18:45 | 2026-02-26 17:03 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-After further review, the documents were in the loan file. - Due Diligence Vendor-02/26/2026 Open-Missing verification for HOA dues, if any, for property 3B (primary residence) Missing verification of taxes for property 3C - Due Diligence Vendor-02/24/2026 |
Resolved-After further review, the documents were in the loan file. - Due Diligence Vendor-02/26/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 72.23 Qualifying DTI below maximum allowed - Required is 50 Borrower has 30.53 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 749 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7788535 | |||
| XXXX | XXXX | 10179739 | C | B | C | A | B | B | A | A | Closed | FCRE1510 | 2026-02-23 09:10 | 2026-02-25 15:58 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Legal description was provided. - Due Diligence Vendor-02/25/2026 Ready for Review-Document Uploaded. Exhibit A that was with DOT and other rider in investor loan file delivered - Buyer-02/25/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing attached legal description. - Due Diligence Vendor-02/23/2026 |
Resolved-Legal description was provided. - Due Diligence Vendor-02/25/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 9.68 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 782 LTV is less than guideline maximum - Required is 80 Borrower has 72.16 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7752769 | ||
| XXXX | XXXX | 10179739 | C | B | C | A | B | B | A | A | Closed | FCOM5135 | 2026-02-23 08:27 | 2026-02-23 09:25 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material finding. - Due Diligence Vendor-02/23/2026 | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material finding. - Due Diligence Vendor-02/23/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 9.68 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 782 LTV is less than guideline maximum - Required is 80 Borrower has 72.16 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Investor Post-Close | No | 7751823 | |||
| XXXX | XXXX | 10110689 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-02-25 16:07 | 2026-03-06 15:57 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received HOA statement for XXXX. - Due Diligence Vendor-03/06/2026 Ready for Review-Document Uploaded. Please see attached last condition - Buyer-03/05/2026 Counter-LOE regarding HOA dues provided, however we are missing HOA verification for XXXX. - Due Diligence Vendor-03/04/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/03/2026 Open-Provide proof of HOA dues for property XXXX. Additional conditions may apply. - Due Diligence Vendor-02/25/2026 |
Resolved-Received HOA statement for XXXX. - Due Diligence Vendor-03/06/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 3.37 LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 792 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7809987 | ||
| XXXX | XXXX | 10110689 | D | A | D | A | A | A | A | A | Closed | FCRE1204 | 2026-02-25 16:10 | 2026-03-04 17:05 | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received Alerts Summary with all alerts cleared. - Due Diligence Vendor-03/04/2026 Ready for Review-Document Uploaded. loan safe - Buyer-03/03/2026 Open-Fraud Report Shows Uncleared Alerts All high alerts to be cleared. Additional conditions may apply. - Due Diligence Vendor-02/25/2026 |
Resolved-Received Alerts Summary with all alerts cleared. - Due Diligence Vendor-03/04/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 3.37 LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 792 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7810060 | ||
| XXXX | XXXX | 10151249 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-02-25 14:50 | 2026-03-09 13:37 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Gap credit report provided. - Due Diligence Vendor-03/09/2026 Ready for Review-Document Uploaded. UDM SHOWING START DATE - Buyer-03/05/2026 Counter-Received Undisclosed Debt Verification that indicate "activation requested and pending activation". Unable to confirm monitoring activated. - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. UDM DONE BEFORE NOTE DATE - Buyer-03/03/2026 Open-Borrower 1 Gap Credit Report is Missing Missing a credit refresh/gap report or evidence of credit monitoring within 10 days of the note date. - Due Diligence Vendor-02/25/2026 |
Resolved-Gap credit report provided. - Due Diligence Vendor-03/09/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 811 Qualifying DTI below maximum allowed - Required is 50 Borrower has 10.73 LTV is less than guideline maximum - Required is 80 Borrower has 60 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7807869 | ||
| XXXX | XXXX | 10151249 | D | A | D | A | A | A | A | A | Closed | FCRE1345 | 2026-02-26 11:52 | 2026-03-09 13:34 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Lease Agreements Missing | Resolved-Rental income was not used for this property; lease not required. - Due Diligence Vendor-03/09/2026 Counter-Received 1003 and 1008 reflected two different for XXXX. Audit is referring to property XXXX,. - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. 1. FINAL 1003 2. FINAL 1008 - Buyer-03/03/2026 Open-Borrower 1 Lease Agreements Missing Missing lease(s) for REO 3c on the loan application to document positive cashflow. The loan application reflects property has a combined XXXX PITIA and a positive cashflow of XXXX. - Due Diligence Vendor-02/26/2026 |
Resolved-Rental income was not used for this property; lease not required. - Due Diligence Vendor-03/09/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 811 Qualifying DTI below maximum allowed - Required is 50 Borrower has 10.73 LTV is less than guideline maximum - Required is 80 Borrower has 60 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7824981 | ||
| XXXX | XXXX | 10156804 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10146805 | D | B | D | B | B | B | A | A | Closed | FCRE6666 | 2026-03-04 16:36 | 2026-03-12 16:34 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Secondary Valuation product is dated prior to the Appraisal date | Resolved-After further review, the loam file contains 2 full appraisals. - Due Diligence Vendor-03/12/2026 Open-One or more of the additional valuation products were completed prior to the Primary Valuation product date. - Due Diligence Vendor-03/04/2026 |
Resolved-After further review, the loam file contains 2 full appraisals. - Due Diligence Vendor-03/12/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 67.07 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 758 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.61 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7930601 | |||
| XXXX | XXXX | 10146805 | D | B | D | B | B | B | A | A | Closed | FCOM1124 | 2026-02-26 10:00 | 2026-03-03 08:47 | Waived | 2 - Non-Material | B | B | Compliance | Data | Borrower 1 Final Signature Date is in the future | Waived-Client waiver applied to non material finding with comp factors - Due Diligence Vendor-03/03/2026 Open-Borrower 1 Final Signature Date is greater than the transaction date of XXXX, Notary date reflects XXXX, and final signature date on final 1003 states XXXX,. - Due Diligence Vendor-02/26/2026 |
Waived-Client waiver applied to non material finding with comp factors - Due Diligence Vendor-03/03/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 67.07 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 758 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.61 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | Investor Post-Close | No | 7821788 | |||
| XXXX | XXXX | 10146805 | D | B | D | B | B | B | A | A | Closed | FCRE1355 | 2026-02-26 16:40 | 2026-03-02 14:35 | Waived | 2 - Non-Material | D | B | Credit | Missing Doc | Borrower 2 CPA Letter Missing | Waived-Client provided a waiver for PTIN tax preparer, applied to non material finding with comp factors - Due Diligence Vendor-03/02/2026 Ready for Review-Document Uploaded. XXXX exception request form to go along with our approval delivered in the loan file (pg 1368) - Buyer-02/27/2026 Open-Borrower 2 CPA Letter Missing Exception approval/email from Investor to allow a tax preparer letter from PTIN (that does not work for a 3rd part firm) to verify borrower's self-employment. However, a copy of the lender's exception request (along with any applicable compensating factors) was not present in the loan file. - Due Diligence Vendor-02/26/2026 |
Waived-Client provided a waiver for PTIN tax preparer, applied to non material finding with comp factors - Due Diligence Vendor-03/02/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 67.07 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 758 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.61 |
Reserves: >12 months verified FICO: 758 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | Investor Post-Close | No | 7831873 | |
| XXXX | XXXX | 10104477 | D | A | D | A | A | A | A | A | Closed | FPRO1255 | 2026-02-27 20:02 | 2026-03-04 16:18 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Resolved-Received HOA Questionnaire - Due Diligence Vendor-03/04/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/03/2026 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. Missing project questionnaire - Due Diligence Vendor-02/28/2026 |
Resolved-Received HOA Questionnaire - Due Diligence Vendor-03/04/2026 |
Months Reserves exceed minimum required - Reserves: 43 Min 3 Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 765 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7854054 | ||
| XXXX | XXXX | 10162210 | D | A | D | A | A | A | A | A | Closed | FCRE3653 | 2026-03-03 12:29 | 2026-03-04 16:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing letter of explanation | Resolved-Upon further review, LOE is not required. Tax preparer verification in the loan file is sufficient. - Due Diligence Vendor-03/04/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/03/2026 Open-Per guides, PTIN's are not allowed unless working for a third-party firm. Tax preparer letter in file from a self-employed individual with a PTIN license. However, a search of borrower's license in file reflects they have a CTEC license. Lender to provide explanation for discrepancy in tax preparer's license on the letter. - Due Diligence Vendor-03/03/2026 |
Resolved-Upon further review, LOE is not required. Tax preparer verification in the loan file is sufficient. - Due Diligence Vendor-03/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 748 LTV is less than guideline maximum - Required is 80 Borrower has 60 Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.72 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7899522 | ||
| XXXX | XXXX | 10162210 | D | A | D | A | A | A | A | A | Closed | FCRE1510 | 2026-02-27 15:21 | 2026-03-04 16:34 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-received Exhibit A with the DOT - Due Diligence Vendor-03/04/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/03/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Exhibit A is not with the DOT - Due Diligence Vendor-02/27/2026 |
Resolved-received Exhibit A with the DOT - Due Diligence Vendor-03/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 748 LTV is less than guideline maximum - Required is 80 Borrower has 60 Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.72 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7851056 | ||
| XXXX | XXXX | 10146804 | C | A | C | A | C | A | A | A | Closed | finding-3625 | 2026-03-01 15:01 | 2026-04-01 12:10 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test | Resolved-PCCD provided with corrected fees, finding resolved. - Due Diligence Vendor-04/01/2026 Ready for Review-Document Uploaded. PCCD attached all fees moved to A sec, &Iniaital CD signed by all parties (title only too) Final condiitons to clear file for funding Please escalate thanks so much - Buyer-03/31/2026 Counter-Fees paid to lender or affiliate have not been moved to section A, or changed to be paid to other. Finding remains. - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/27/2026 Counter-Lender paid fees must be moved to section A. Finding remains. - Due Diligence Vendor-03/25/2026 Ready for Review-Document Uploaded. HI, I moved the fee to lender paid instead of just issuing the refund. If this way is not acceptable , can you be more specific on how this could be rectified? Thank you! XXXX, Closing Manager XXXX, XXXX, XXXX, XXXX, XXXX, NMLS XXXX, - Buyer-03/23/2026 Counter-----Document Prep Fee is paid to affiliate of the Lender, Technology Fee is paid to the lender. These fees should not be in section B, as all fees paid to Lender/Broker should be in section A. - Due Diligence Vendor-03/10/2026 Ready for Review-Document Uploaded. The fee has been moved to Lender can this loan be clearedwith the PCCD? Thank you so much - Buyer-03/09/2026 Counter----Received PCCD XXXX,. Still has affiliate of Lender being paid in Section B of CD. Finding Remains. - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/04/2026 Open-This loan failed the TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker. -----(Technology Fee) in section B is payable to Lender/Broker however, fees paid to Lender or Broker must be in section A. If the fee is to remain in section B, it must state FBO (for the benefit of) to said Vendor. Provide a post close CD with correction within 60 days of discovery date. Statute of Limitations - 1 year, expiration date XXXX, - Due Diligence Vendor-03/01/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/27/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/04/2026 |
Resolved-PCCD provided with corrected fees, finding resolved. - Due Diligence Vendor-04/01/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 746 LTV is less than guideline maximum - Required is 70 Borrower has 28.2 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7859762 | |
| XXXX | XXXX | 10146804 | C | A | C | A | C | A | A | A | Closed | FCOM9998 | 2026-03-02 11:27 | 2026-04-01 11:42 | Resolved | 1 - Information | C | A | Compliance | TRID | Closing Disclosure Issue | Resolved-Received Cd with all borrowers signature. Finding resolved. - Due Diligence Vendor-04/01/2026 Ready for Review-Document Uploaded. PCCD attached all fees moved to A sec, &Iniaital CD signed by all parties (title only too) Final condiitons to clear file for funding Please escalate thanks so much - Buyer-03/31/2026 Counter-3 other people signed mortgage, not just the spouse. Need signatures on initial CD. Finding Remains. - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/26/2026 Counter-Evidence of all borrowers receiving Initial CD 3 days prior to consummation for timing and recission purposes, finding remains. - Due Diligence Vendor-03/25/2026 Ready for Review-Document Uploaded. Hello good day! I have attached 2 cds all Bs signed the final as per the closer thats all they needed to sign. Could this be escalsted and cleared? Thanks so much From: XXXX Sent: XXXX To: XXXX Subject: Re: XXXX Post close condition No they do not sign the initial cd, they only sign at closing. XXXX Closer XXXX XXXX XXXX XXXX XXXX NMLS XXXX - Seller-03/24/2026 Open-Initial CD is only signed by borrower. It is required to be singed by the non-borrower's as well. Please provide a copy of the initial CD signed by all involved. - Due Diligence Vendor-03/02/2026 |
Ready for Review-Document Uploaded. Hello good day! I have attached 2 cds all Bs signed the final as per the closer thats all they needed to sign. Could this be escalsted and cleared? Thanks so much From: XXXX Sent: XXXX To: XXXX Subject: Re: XXXX Post close condition No they do not sign the initial cd, they only sign at closing. XXXX - Seller-03/24/2026 |
Resolved-Received Cd with all borrowers signature. Finding resolved. - Due Diligence Vendor-04/01/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 746 LTV is less than guideline maximum - Required is 70 Borrower has 28.2 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7874214 | |
| XXXX | XXXX | 10146804 | C | A | C | A | C | A | A | A | Closed | FCRE5790 | 2026-03-03 19:11 | 2026-03-05 14:55 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Received Undisclosed Debt Report with no new inquiries. - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. UDN attached XXXX to cover Credit Gap - Seller-03/04/2026 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). Missing a credit refresh/gap report or evidence of credit monitoring within 10 days of the note date. - Due Diligence Vendor-03/04/2026 |
Ready for Review-Document Uploaded. UDN attached XXXX to cover Credit Gap - Seller-03/04/2026 |
Resolved-Received Undisclosed Debt Report with no new inquiries. - Due Diligence Vendor-03/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 746 LTV is less than guideline maximum - Required is 70 Borrower has 28.2 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7909380 | |
| XXXX | XXXX | 10146804 | C | A | C | A | C | A | A | A | Closed | FCRE1510 | 2026-03-01 13:57 | 2026-03-05 14:54 | 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-03/05/2026 Ready for Review-Document Uploaded. Please see attached cost to cure PCCD and notify if this is accepable to procced with refund to borrower thank you XXXX and exhibit A attached - Buyer-03/04/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Exhibit A; Legal - Due Diligence Vendor-03/01/2026 |
Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-03/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 746 LTV is less than guideline maximum - Required is 70 Borrower has 28.2 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7859357 | ||
| XXXX | XXXX | 10156809 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10110696 | D | B | D | B | A | A | A | A | Closed | FCRE7806 | 2026-03-04 17:14 | 2026-03-25 15:32 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Income calculation worksheet was provided. - Due Diligence Vendor-03/25/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/23/2026 Counter-Finding remains. Please provide Inc Calculation sheet that reflects UW's work (not just the end result) - Due Diligence Vendor-03/20/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/18/2026 Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Lender's Bank Statement Summary/Lender Worksheet is required to be present in the loan file. - Due Diligence Vendor-03/04/2026 |
Resolved-Income calculation worksheet was provided. - Due Diligence Vendor-03/25/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 802 Qualifying DTI below maximum allowed - Required is 50 Borrower has 23.07 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7931247 | ||
| XXXX | XXXX | 10110696 | D | B | D | B | A | A | A | A | Closed | FCRE6763 | 2026-03-04 18:21 | 2026-03-05 21:50 | Waived | 2 - Non-Material | C | B | Credit | Income/Employment | Income documentation does not meet guidelines | Waived- Investor waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-03/06/2026 Open-Per guides, Co-mingling of multiple accounts to generate a full 12 or 24 months is not permitted. Lender exception in file to allow use of two separate bank accounts with separate 12 months statements each. Lender's exception request states: "Borrower has a Business in XXXX and XXXX with 2 separate bank accounts. They are the same type of business with same name just different states. Requesting to use both bank statements for income." No compensating factors were provided on the exception request form. However, the file reflected the following compensating factors were available: XXXX DTI - XXXX max allowed; 802 FICO score - 700 min required; 10 months reserves - 3 months required. - Due Diligence Vendor-03/04/2026 |
Waived- Investor waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-03/06/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 802 Qualifying DTI below maximum allowed - Required is 50 Borrower has 23.07 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 7932725 | |||
| XXXX | XXXX | 10179762 | C | A | C | A | A | A | A | A | Closed | FCRE1115 | 2026-03-06 05:42 | 2026-03-17 16:09 | Resolved | 1 - Information | C | A | Credit | Closing | Security Instrument Date is greater than current date | Resolved-Received Change Affidavit. - Due Diligence Vendor-03/17/2026 Ready for Review-Document Uploaded. title to record affidavit correcting notary date. - Buyer-03/16/2026 Open-Security Instrument Date is greater than the transaction date of XXXX Note and Mortgage dated XXXX. Notary date is XXXX. - Due Diligence Vendor-03/06/2026 |
Resolved-Received Change Affidavit. - Due Diligence Vendor-03/17/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 14.89 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 800 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7965396 | ||
| XXXX | XXXX | 10162217 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-03-09 14:13 | 2026-03-12 13:50 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-XXXX and XXXX have been sold - received final settlement statements - Due Diligence Vendor-03/12/2026 Ready for Review-Document Uploaded. REO Properties: XXXX and XXXX have been sold - see attached final settlement statement. - Buyer-03/10/2026 Open-missing proof of taxes and insurance for 2 REO properties owned by the borrower. - Due Diligence Vendor-03/09/2026 |
Resolved-XXXX and XXXX have been sold - received final settlement statements - Due Diligence Vendor-03/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 799 Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.78 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8002863 | ||
| XXXX | XXXX | 10162217 | D | A | D | A | A | A | A | A | Closed | FCRE2244 | 2026-03-10 11:28 | 2026-03-12 13:48 | Resolved | 1 - Information | C | A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-No Property Issues identified for the property. - Due Diligence Vendor-03/12/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/10/2026 Open-Property Issues are identified for the property Stove missing from main and ADU. Appraiser indicates stove is functional; however missing from pictures. Picture verifies plug for stove in ADU but not verified for main. Provide proof hookup is available for main house. - Due Diligence Vendor-03/10/2026 |
Resolved-No Property Issues identified for the property. - Due Diligence Vendor-03/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 799 Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.78 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8021834 | ||
| XXXX | XXXX | 10162217 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2026-03-10 11:41 | 2026-03-12 13:47 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-03/12/2026 Ready for Review-Document Uploaded. Please see attached VOM for the subject which was in the file as well. - Buyer-03/10/2026 Open-Housing History Does Not Meet Guideline Requirements Missing 12 month satisfactory mortgage history for the subject property. Additional conditions may apply. - Due Diligence Vendor-03/10/2026 |
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-03/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 799 Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.78 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8022153 | ||
| XXXX | XXXX | 10162221 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 10162225 | B | B | B | B | A | A | A | A | Closed | FCRE0969 | 2026-03-10 16:17 | 2026-03-11 16:03 | Waived | 2 - Non-Material | B | B | Credit | Closing | Prepayment Penalty Issue | Waived-Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-03/11/2026 Open-Per XXXX a prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XXXX Law a prepayment penalty is not permitted to be charged to an LLC. Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-03/10/2026 |
Waived-Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-03/11/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 35.93 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 742 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 8030029 | |||
| XXXX | XXXX | 10162209 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-03-10 11:57 | 2026-03-19 16:33 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Proof of HOA for 3f provided. - Due Diligence Vendor-03/19/2026 Ready for Review-Document Uploaded. Proof of HOA payment - Buyer-03/18/2026 Counter- Received NOTE, Taxes, and first payment letter. Missing proof of HOA and actual HOI statement to confirm premium. - Due Diligence Vendor-03/17/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-03/16/2026 Open-Housing History Does Not Meet Guideline Requirements REO 3f - new purchase, mortgage statement and taxes, insurance and HOA not provided - Due Diligence Vendor-03/11/2026 |
Resolved-Proof of HOA for 3f provided. - Due Diligence Vendor-03/19/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 777 Required is 660 Borrower has 777 LTV is less than guideline maximum - Required is 80 Borrower has 68.06 Required is 80 Borrower has 68.06 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8023421 | ||
| XXXX | XXXX | 10156814 | D | A | D | A | A | A | A | A | Closed | FCRE1173 | 2026-03-11 11:43 | 2026-03-17 16:40 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Condo Master Insurance Policy is Missing | Resolved-Received Master policy. - Due Diligence Vendor-03/17/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/16/2026 Open-Missing Condo Master Insurance Policy Provide master condo insurance with sufficient coverage per guides. Additional conditions may apply. It should be noted that the dwelling coverage for subject property does not meet the unpaid principal balance of the mortgage and an Estimated cost to replace was not notated on appraisal delivered with loan file (Total Estimate of Cost-New) and an RCE from insurance provider/agent was not provided. - Due Diligence Vendor-03/11/2026 |
Resolved-Received Master policy. - Due Diligence Vendor-03/17/2026 |
Months Reserves exceed minimum required - 3 months required, borrower has 15 months. Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 796 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 8049242 | ||
| XXXX | XXXX | 10156814 | D | A | D | A | A | A | A | A | Closed | FCRE1204 | 2026-03-11 12:01 | 2026-03-17 16:23 | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-03/17/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/16/2026 Open-Fraud Report Shows Uncleared Alerts Provide fraud report with alert for "Borrower name(s) not found on the Credit Header Search" cleared. - Due Diligence Vendor-03/11/2026 |
Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-03/17/2026 |
Months Reserves exceed minimum required - 3 months required, borrower has 15 months. Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 796 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 8049603 | ||
| XXXX | XXXX | 10210116 | D | B | D | B | A | A | A | A | Closed | FCRE5782 | 2026-03-11 10:39 | 2026-03-26 14:08 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-03/24/2026 Ready for Review-Document Uploaded. Updated XXXX Report. - Seller-03/20/2026 Counter-Fraud report with UDM monitoring provided; however, it is 36 days prior to the Note date and is required to be within 10 days. - Due Diligence Vendor-03/18/2026 Ready for Review-Document Uploaded. Credit Monitoring XXXX. - Buyer-03/16/2026 Open-Borrower 1 Gap Credit Report is Missing Missing a credit refresh/gap report or evidence of credit monitoring within 10 days of the note date. - Due Diligence Vendor-03/11/2026 |
Ready for Review-Document Uploaded. Updated XXXX Report. - Seller-03/20/2026 |
Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-03/24/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 724 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 8046266 | |
| XXXX | XXXX | 10210116 | D | B | D | B | A | A | A | A | Closed | FCRE1342 | 2026-03-11 10:27 | 2026-03-18 13:36 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-Bank statements provided. - Due Diligence Vendor-03/18/2026 Ready for Review-Document Uploaded. XXXX Business Bank Statements. Bank statement income worksheet for XXXX. - Seller-03/16/2026 Open-Borrower 1 Business Bank Statements Missing Missing 12 months of business bank statements for XXXX Audit defaulted to Lender's income from the loan application/1008. Income is subject to change and additional conditions may apply, pending review. - Due Diligence Vendor-03/11/2026 |
Ready for Review-Document Uploaded. XXXX Business Bank Statements. Bank statement income worksheet for XXXX Store. - Seller-03/16/2026 |
Resolved-Bank statements provided. - Due Diligence Vendor-03/18/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 724 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 8045826 | |
| XXXX | XXXX | 10210116 | D | B | D | B | A | A | A | A | Closed | FCRE0969 | 2026-03-11 09:49 | 2026-03-18 13:32 | Waived | 2 - Non-Material | B | B | Credit | Closing | Prepayment Penalty Issue | Waived-Per XXXX a prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XX Law a prepayment penalty is not permitted to be charged to an LLC. Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-03/18/2026 Open-Per XX Department of Banking & Insurance XXXX 46:10B-2 a prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XX Law a prepayment penalty is not permitted to be charged to an LLC. Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-03/11/2026 |
Waived-Per XXXX a prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XXXX Law a prepayment penalty is not permitted to be charged to an LLC. Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-03/18/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 724 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Investor Post-Close | No | 8044155 | |||
| XXXX | XXXX | 10210116 | D | B | D | B | A | A | A | A | Closed | FCRE7806 | 2026-03-11 10:27 | 2026-03-18 13:08 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Bank statement worksheet was provided. - Due Diligence Vendor-03/18/2026 Ready for Review-Document Uploaded. XXXX Store Business Bank Statements. Bank statement income worksheet for XXXX. - Buyer-03/16/2026 Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Missing Bank statement income worksheet for XXXX - Due Diligence Vendor-03/11/2026 |
Resolved-Bank statement worksheet was provided. - Due Diligence Vendor-03/18/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 724 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 8045827 | ||
| XXXX | XXXX | 10162198 | C | A | A | A | C | A | A | A | Closed | finding-3646 | 2026-03-11 12:37 | 2026-03-17 09:36 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID Post-Consummation Event Validation Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-03/17/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-03/13/2026 Open-This loan failed the TRID Post-Consummation Event Validation Test.This loan has a post-consummation event date that occurs on or before the closing date or consummation date of the loan. Please review the loan data to ensure the dates are in the correct fields. -----PCCD was issued same day as closing 03/09/2026. - Due Diligence Vendor-03/11/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-03/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 806 Qualifying DTI below maximum allowed - Required is 45 Borrower has 27.82 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 8050280 | ||
| XXXX | XXXX | 10162220 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10162229 | C | B | C | B | A | A | A | A | Closed | FCRE1198 | 2026-03-17 16:14 | 2026-03-20 15:00 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Assets provided; XXXX not used as they were not within 30 days of the loan application. - Due Diligence Vendor-03/20/2026 Ready for Review-Document Uploaded. 1. XXXX Assets. 2. XXXX Assets. 3. XXXX Assets. - Buyer-03/18/2026 Open-Audited Reserves of 5.44 month(s) are less than Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-03/17/2026 |
Resolved-Assets provided; XXXX Assets not used as they were not within 30 days of the loan application. - Due Diligence Vendor-03/20/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 65 Required is 70 Borrower has 65 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 791 Required is 700 Borrower has 791 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8163821 | ||
| XXXX | XXXX | 10162229 | C | B | C | B | A | A | A | A | Closed | FCRE0969 | 2026-03-18 09:08 | 2026-03-18 09:09 | Waived | 2 - Non-Material | B | B | Credit | Closing | Prepayment Penalty Issue | Waived-COMMENT: Per XXXX Department of Banking & Insurance XXXX a prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XX Law a prepayment penalty is not permitted to be charged to an LLC. Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-03/18/2026 Open-Per NJ Department of Banking & Insurance XXXX a prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XXXX Law a prepayment penalty is not permitted to be charged to an LLC. Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-03/18/2026 |
Waived-COMMENT: PerXXXX a prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XXXX Law a prepayment penalty is not permitted to be charged to an LLC. Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-03/18/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 65 Required is 70 Borrower has 65 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 791 Required is 700 Borrower has 791 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 8181164 | |||
| XXXX | XXXX | 10200505 | D | A | D | A | A | A | A | A | Closed | FCRE1201 | 2026-03-13 12:38 | 2026-03-20 11:07 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-03/20/2026 Ready for Review-Document Uploaded. XXXX Report. - Buyer-03/18/2026 Open-Missing Third Party Fraud Report Missing third party Fraud Report with all searches - Due Diligence Vendor-03/16/2026 |
Resolved-Received Fraud Report. - Due Diligence Vendor-03/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 723 Required is 700 Borrower has 723 Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.22 Required is 50 Borrower has 43.22 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8100251 | ||
| XXXX | XXXX | 10200505 | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2026-03-13 12:24 | 2026-03-20 10:59 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received CPA letter and verification. PTIN owns firm. - Due Diligence Vendor-03/20/2026 Ready for Review-Document Uploaded. Accountant Letter with PTIN Verification. - Buyer-03/18/2026 Open-Borrower 1 CPA Letter Missing Need CPA letter on letterhead signed and dated with CPA license info to verify borrowers percent of ownership in company. (UW notes indicate there is a PTIN letter which is missing in file but PTIN tax preparers are only allowed if they work for a 3rd party firm which must be verified). - Due Diligence Vendor-03/16/2026 |
Resolved-Received CPA letter and verification. PTIN owns firm. - Due Diligence Vendor-03/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 723 Required is 700 Borrower has 723 Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.22 Required is 50 Borrower has 43.22 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8100025 | ||
| XXXX | 10110782 | 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 | XXXX | Primary Residence | Purchase | NA | |||||||||||||||||||
| XXXX | XXXX | 10200431 | D | B | D | A | B | B | A | A | Closed | FCRE1202 | 2026-03-17 16:20 | 2026-03-25 15:47 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Third Party Fraud Report and searches were provided. - Due Diligence Vendor-03/25/2026 Ready for Review-Document Uploaded. 1. There is a new high alert for “suspicious sale” since the borrower’s name shows up as other (see highlighted section below). These are known AKAs for her so it is not suspicious. 2. There were two possible XXXX hits for the title company and non-borrowing spouse (XXXX) but we pulled separate OFACs for them and they were clear 3. Attached please find the revised XXXX which includes the appraisers and RE Broker. 4. XXXX is included in the search parameters of XXXX - Seller-03/23/2026 Counter-Received XXXX searches for title, seller. Missing XXXX clearance for all parties. Missing searches for appraiser, appraisal company, real estate agents and real estate companies as well. - Due Diligence Vendor-03/23/2026 Ready for Review-Document Uploaded. For the 2nd item, section 7.2 of the guidelines refers to XXXX and Watchlist Search Parties (not fraud reports as indicated in the finding) and again, it’s specific to business purpose loans, which our transaction is not. However, we did complete XXXX searches which are attached. This was a FSBO so there are no real estate agents involved. Would you please let us know if any additional searches need to be completed and if the new requirements are being retroactively applied to all loans regardless of loan purpose and lock date? - Seller-03/19/2026 Counter-Received rebuttal. Missing confirmation fraud report meets guideline 7.2 - Due Diligence Vendor-03/19/2026 Ready for Review-Document Uploaded. per section 7.1 of the XXXX Credit Guidelines, only business purpose loans require a Fraud Check on all interested parties. The subject transaction is not a business purpose loan. Also, updated guidance was just released yesterday however this loan funded prior to that. Are you saying that the new guidance is being applied to all loans, regardless of the lock date and business purpose?? - Buyer-03/18/2026 Open-Third Party Fraud Report Partially Provided Fraud Report in file has background checks for only the borrower and loan originator. Lender to provide an updated Fraud Report to confirm all parties to the transaction such as borrowers, entities holding title and all owners, sellers, realtors, realtor brokerages, closing attorney, lender/originator and loan officer were successfully checked and not included on these lists. A copy of the findings report and/or searches must be provided in the loan file along with notes and any related documentation used to resolve any deficiencies or red flags noted to obtain a passing score or clearance of the report. - Due Diligence Vendor-03/17/2026 |
Ready for Review-Document Uploaded. 1. There is a new high alert for “suspicious sale” since the borrower’s name shows up as other (see highlighted section below). These are known AKAs for her so it is not suspicious. 2. There were two possible XXXX hits for the title company and non-borrowing spouse (XXXX) but we pulled separate OFACs for them and they were clear 3. Attached please find the revised XXXX which includes the appraisers and RE Broker. 4. XXXX is included in the search parameters of XXXX - Seller-03/23/2026 Ready for Review-Document Uploaded. For the 2nd item, section 7.2 of the guidelines refers to XXXX and Watchlist Search Parties (not fraud reports as indicated in the finding) and again, it’s specific to business purpose loans, which our transaction is not. However, we did complete XXXX searches which are attached. This was a XXXX so there are no real estate agents involved. Would you please let us know if any additional searches need to be completed and if the new requirements are being retroactively applied to all loans regardless of loan purpose and lock date? - Seller-03/19/2026 |
Resolved-Third Party Fraud Report and searches were provided. - Due Diligence Vendor-03/25/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 757 LTV is less than guideline maximum - Required is 85 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.06 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Second Home | Purchase | NA | N/A | N/A | 8163934 | |
| XXXX | XXXX | 10200431 | D | B | D | A | B | B | A | A | Closed | FCRE7890 | 2026-03-17 15:57 | 2026-03-20 15:46 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Required Income Documentation for Bank Statement Program | Resolved-LOE from borrower and evidence of the transfers was provided: "XXXX holds client retainer funds for future legal fees. Once we complete work and invoice, client payments for our work are transferred." - Due Diligence Vendor-03/20/2026 Ready for Review-Document Uploaded. 1. Missing Required Income Documentation for Bank Statement Program • Open-Per guides, deposits in the form of transfers from other accounts are generally excluded as qualifying deposits unless it is a wire transfer from another company for services rendered. The bank statements supplied show 116 transfers, noted as "Online Banking transfer from XXXX," totaling XXXX, which the lender included as eligible deposits. Please provide documentation (and an LOX) to verify these transfers are business related deposits. Once received and reviewed, additional findings may apply. - Due Diligence Vendor-03/17/2026 – this was addressed in the underwriter’s income write up. The XXXX account is an IOLTA account. Please see attached borrower LOX 2. Missing Required Income Documentation for Bank Statement Program • Open-Per guides, deposits in the form of transfers from other accounts are generally excluded as qualifying deposits unless it is a wire transfer from another company for services rendered. The bank statements supplied show 116 transfers, noted as "Online Banking transfer from XXXX," totaling XXXX, which the lender included as eligible deposits. Please provide documentation (and an LOX) to verify these transfers are business related deposits. Once received and reviewed, additional findings may apply. - Due Diligence Vendor-03/17/2026 – this was addressed in the underwriter’s income write up. The XXXX account is an IOLTA account. Please see attached borrower LOX and supporting bank statements - Buyer-03/18/2026 Open-Per guides, deposits in the form of transfers from other accounts are generally excluded as qualifying deposits unless it is a wire transfer from another company for services rendered. The bank statements supplied show 116 transfers, noted as "Online Banking transfer from XXXX," totaling XXXX, which the lender included as eligible deposits. Please provide documentation (and an LOX) to verify these transfers are business related deposits. Once received and reviewed, additional findings may apply. - Due Diligence Vendor-03/17/2026 |
Resolved-LOE from borrower and evidence of the transfers was provided: "XXXX holds client retainer funds for future legal fees. Once we complete work and invoice, client payments for our work are transferred." - Due Diligence Vendor-03/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 757 LTV is less than guideline maximum - Required is 85 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.06 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Second Home | Purchase | NA | N/A | N/A | 8163171 | ||
| XXXX | XXXX | 10200431 | D | B | D | A | B | B | A | A | Closed | FCRE1198 | 2026-03-17 11:04 | 2026-03-20 14:29 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Bank statement provided with evidence of the large transfers was provided. - Due Diligence Vendor-03/20/2026 Ready for Review-Document Uploaded. attached is the XXXX statement for the IOLTA account XXXX, which is where the large transfers into account XXXX came from. - Seller-03/19/2026 Counter-Received XXXX reflecting several transfers. Review is unable to validate total, final funds for closing and reserves. Source of transfer with updated statements required. - Due Diligence Vendor-03/19/2026 Ready for Review-Document Uploaded. Attached please find an updated asset statement for the funds needed to cover the reserves. - Buyer-03/19/2026 Open-Audited Reserves of 5.97 month(s) are less than Guideline Required Reserves of 9 month(s) Lender to provide additional assets to meet the minimum reserves required. It should be noted that the loan application reflects a balance of $140,752.88 for a checking account with XXXX, however, the most current balance after funds were wired to closing (and accounted for by audit), was only XXXX, due to the borrower having wired XXXX+ to pay an XXXX account. - Due Diligence Vendor-03/17/2026 |
Ready for Review-Document Uploaded. attached is the XXXX statement for the XXXX account XXXX, which is where the large transfers into account XXXX came from. - Seller-03/19/2026 |
Resolved-Bank statement provided with evidence of the large transfers was provided. - Due Diligence Vendor-03/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 757 LTV is less than guideline maximum - Required is 85 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.06 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Second Home | Purchase | NA | N/A | N/A | 8151791 | |
| XXXX | XXXX | 10200431 | D | B | D | A | B | B | A | A | Closed | FCRE7497 | 2026-03-17 16:09 | 2026-03-19 15:43 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received confirmation of HOA for 3a - Due Diligence Vendor-03/19/2026 Ready for Review-Document Uploaded. the XXXX is a combination of XXXX/mo HOA dues and XXXX/mo insurance. The HOA payment activity statement and insurance dec page are attached. - Buyer-03/18/2026 Open-Please provide documentation for REO 3a to verify XXXX in monthly obligations not included in the monthly mortgage payment. Additional conditions may apply, pending review. - Due Diligence Vendor-03/17/2026 |
Resolved-Received confirmation of HOA for 3a - Due Diligence Vendor-03/19/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 757 LTV is less than guideline maximum - Required is 85 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.06 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Second Home | Purchase | NA | N/A | N/A | 8163689 | ||
| XXXX | XXXX | 10200431 | D | B | D | A | B | B | A | A | Closed | FPRO1255 | 2026-03-17 08:21 | 2026-03-19 15:41 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Resolved-Received CPM approval. - Due Diligence Vendor-03/19/2026 Ready for Review-Document Uploaded. per section 6.6 of the XXXX Credit Guidelines, either a condo questionnaire or CPM approval is acceptable. CPM approval is attached. - Buyer-03/18/2026 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. A Condo Questionnaire is missing from the loan file. Once received and reviewed, additional findings may be added. - Due Diligence Vendor-03/17/2026 |
Resolved-Received CPM approval. - Due Diligence Vendor-03/19/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 757 LTV is less than guideline maximum - Required is 85 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.06 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Second Home | Purchase | NA | N/A | N/A | 8147201 | ||
| XXXX | XXXX | 10200431 | D | B | D | A | B | B | A | A | Closed | FCRE0116 | 2026-03-17 17:14 | 2026-03-19 15:40 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Warrantability Documentation | Resolved-Received CPM approval - Due Diligence Vendor-03/19/2026 Ready for Review-Document Uploaded. attached UW Warranty and XXXX HOA Approval. - Seller-03/18/2026 Open-Missing Warrantability Documentation. UW Attestation and/or documentation clearly stating whether the property is a warrantable or non-warrantable condo must be delivered with the file. Lender to provide CPM approval or Condo Questionnaire as applicable. It should be noted that the Lender's 1008 indicates the project review is "XXXX Review through XXXX" and lender's email indicates a PXXXX from XXXX to be provided soon. However, documentation that the review was completed is missing from file. - Due Diligence Vendor-03/17/2026 |
Ready for Review-Document Uploaded. attached UW Warranty and XXXX HOA Approval. - Seller-03/18/2026 |
Resolved-Received CPM approval - Due Diligence Vendor-03/19/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 757 LTV is less than guideline maximum - Required is 85 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.06 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Second Home | Purchase | NA | N/A | N/A | 8165040 | |
| XXXX | XXXX | 10200431 | D | B | D | A | B | B | A | A | Closed | FCRE5782 | 2026-03-17 10:17 | 2026-03-19 15:35 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received credit refresh. - Due Diligence Vendor-03/19/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/17/2026 Open-Borrower 1 Gap Credit Report is Missing Missing a credit refresh/gap report or evidence of credit monitoring within 10 days of the note date. - Due Diligence Vendor-03/17/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/17/2026 |
Resolved-Received credit refresh. - Due Diligence Vendor-03/19/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 757 LTV is less than guideline maximum - Required is 85 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.06 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Second Home | Purchase | NA | N/A | N/A | 8150122 | |
| XXXX | XXXX | 10200431 | D | B | D | A | B | B | A | A | Closed | FCOM5135 | 2026-03-16 15:04 | 2026-03-16 15:04 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-03/16/2026 |
Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-03/16/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 757 LTV is less than guideline maximum - Required is 85 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.06 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Second Home | Purchase | NA | Originator Post-Close | No | 8135233 | |||
| XXXX | XXXX | 10162196 | D | B | D | B | A | A | A | A | Closed | FCRE7497 | 2026-03-18 15:13 | 2026-03-23 14:35 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received mortgage statement, property profile and HOI. - Due Diligence Vendor-03/23/2026 Ready for Review-Document Uploaded. PITIA - XXXX - Buyer-03/19/2026 Open-REO 3g documentation of P&I payment, real estate taxes, insurance, and any applicable HOA dues was not provided. Audit utilized the the lender's figures for P&I and RE Tax from the "NonQM UW Memo" form in file. Additional conditions may apply pending review. - Due Diligence Vendor-03/18/2026 |
Resolved-Received mortgage statement, property profile and HOI. - Due Diligence Vendor-03/23/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 713 LTV is less than guideline maximum - Required is 80 Borrower has 45.45 Qualifying DTI below maximum allowed - Required is 50 Borrower has 18.94 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8192915 | ||
| XXXX | XXXX | 10162196 | D | B | D | B | A | A | A | A | Closed | FVAL5524 | 2026-03-18 20:28 | 2026-03-18 21:02 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Ineligible Property | Waived-Investor waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-03/19/2026 Open-Lender exception to allow multiple accessory units (1 ADU and one J(unior)ADU. Lender noted the subject has permitted ADU and JADU (junior ADU), completed with proper permits, as verified by available public records and/or documentation provided. The improvements appear to be legally permissible and conforming to current zoning requirements. - Due Diligence Vendor-03/19/2026 |
Waived-Investor waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-03/19/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 713 LTV is less than guideline maximum - Required is 80 Borrower has 45.45 Qualifying DTI below maximum allowed - Required is 50 Borrower has 18.94 |
713 FICO 21.81% DTI (18.94%) 45.46% DTI 125.7 months reserves (215 months including c/o proceeds) |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 8201600 | ||
| XXXX | XXXX | 10162197 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 10179748 | C | A | C | A | A | A | A | A | Closed | FCRE0044 | 2026-03-18 14:00 | 2026-03-23 13:30 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received credit inquiry LOE. - Due Diligence Vendor-03/23/2026 Ready for Review-Document Uploaded. Please see attached. - Buyer-03/19/2026 Open-LOX for credit inquiries is missing. LOX for credit inquiries on XXXX missing from file. - Due Diligence Vendor-03/18/2026 |
Resolved-Received credit inquiry LOE. - Due Diligence Vendor-03/23/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 69.87 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 793 Months Reserves exceed minimum required - Minimum reserves are 3 months, Borrower has 97.96 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8190407 | ||
| XXXX | XXXX | 10200482 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 10217422 | C | B | C | B | A | A | A | A | Closed | FCRE0157 | 2026-03-23 10:00 | 2026-03-30 13:18 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Loan does not meet guideline requirements for loans listed for sale | Waived-Client provided a waiver for Property Listed for Sale, applied to non material finding - no comp factors given - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. Please see attached approved exception. - Buyer-03/27/2026 Open-Loan does not meet guideline requirements for loans listed for sale. Property must be removed from listing for sale at least one month prior to application. Application date was XXXX and listing for sale was removed XXXX which is under one month. Loan does not meet guidelines. (Appraised value used for LTV since listing was higher). - Due Diligence Vendor-03/23/2026 |
Waived-Client provided a waiver for Property Listed for Sale, applied to non material finding - no comp factors given - Due Diligence Vendor-03/30/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 799 Required is 660 Borrower has 799 LTV is less than guideline maximum - Required is 80 Borrower has 58.83 Required is 80 Borrower has 58.83 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | Investor Post-Close | No | 8263697 | ||
| XXXX | XXXX | 10217422 | C | B | C | B | A | A | A | A | Closed | FCRE1148 | 2026-03-23 13:05 | 2026-03-25 15:53 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of XXXX was provided. - Due Diligence Vendor-03/25/2026 Ready for Review-Document Uploaded. Please see attached title prelim. - Buyer-03/24/2026 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). - Due Diligence Vendor-03/23/2026 |
Resolved-Title Coverage Amount of XXXX was provided. - Due Diligence Vendor-03/25/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 799 Required is 660 Borrower has 799 LTV is less than guideline maximum - Required is 80 Borrower has 58.83 Required is 80 Borrower has 58.83 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8268372 | ||
| XXXX | XXXX | 10110705 | C | B | C | B | A | A | A | A | Closed | FCRE1440 | 2026-03-23 10:26 | 2026-03-24 13:12 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client waiver applied to non-material finding with compensating factors- to allow for 2 months proof of receipt for housing history. - Due Diligence Vendor-03/24/2026 Open-Housing History Does Not Meet Guideline Requirements Lender Exception in file allow VOR with only 2 months proof of receipt for primary residence housing history. Exception approval in loan file. - Due Diligence Vendor-03/23/2026 |
Waived-Client waiver applied to non-material finding with compensating factors- to allow for 2 months proof of receipt for housing history. - Due Diligence Vendor-03/24/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 774 Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 9 months. |
Program Min FICO: 660; Qualifying FICO:774 Program max DTI: 50; Qualifying DTI: 45.2360 Program Max LTV: 80; Qualifying LTV: 80 Program Min Reserves:3; Qualifying Reserves: 10 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 8264087 | ||
| XXXX | XXXX | 10110705 | C | B | C | B | A | A | A | A | Closed | FCRE8201 | 2026-03-23 15:12 | 2026-03-23 15:24 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception granted to allow the use of rental income from the management company as evidence of receipt, Non-material waiver applied with comp factors. Nonmaterial due to Fico of 774, 9 months reserves and 45.24% DTI - Due Diligence Vendor-03/23/2026 Open-Exception request to allow the use of rental income using Ledger from Mgmt Company as evidence of receipt. Exception approval in loan file. - Due Diligence Vendor-03/23/2026 |
Waived-Client exception granted to allow the use of rental income from the management company as evidence of receipt, Non-material waiver applied with comp factors. Nonmaterial due to Fico of 774, 9 months reserves and 45.24% DTI - Due Diligence Vendor-03/23/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 774 Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 9 months. |
Program Min FICO: 660; Qualifying FICO:774 Program max DTI: 50; Qualifying DTI: 45.2360 Program Max LTV: 80; Qualifying LTV: 80 Program Min Reserves:3; Qualifying Reserves: 10 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 8271730 | ||
| XXXX | XXXX | 10200477 | C | A | C | A | A | A | A | A | Closed | FCRE1183 | 2026-03-31 11:36 | 2026-04-02 11:00 | Resolved | 1 - Information | B | A | Credit | Missing Doc | Approval/Underwriting Summary Partially Provided | Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-04/02/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/02/2026 Counter-Client provided 1008 with the same DTI of XXXX, please provide final 1008 reflecting DTI of XXXX - Due Diligence Vendor-04/01/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/31/2026 Open-Approval/Underwriting Summary Partially Provided. The final 1008 in the file shows a DTI of XXXX, please provide a corrected 1008. - Due Diligence Vendor-03/31/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-04/02/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/31/2026 |
Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-04/02/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 63.18 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.06 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 751 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8408127 | |
| XXXX | XXXX | 10200477 | C | A | C | A | A | A | A | A | Closed | FCRE2244 | 2026-03-25 09:29 | 2026-03-30 16:35 | Resolved | 1 - Information | C | A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Updated appraisal with all required photos received. - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/26/2026 Open-Property Issues are identified for the property Appraisal is missing interior/exterior photos of subject and comparable photos. - Due Diligence Vendor-03/25/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/26/2026 |
Resolved-Updated appraisal with all required photos received. - Due Diligence Vendor-03/30/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 63.18 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.06 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 751 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8310142 | |
| XXXX | XXXX | 10200477 | C | A | C | A | A | A | A | A | Closed | FCRE0069 | 2026-03-25 09:49 | 2026-03-30 12:07 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Bank Statement Summary Lender Worksheet is N/A | Resolved-Received Bank Statement Summary Lender Worksheet - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/26/2026 Open-Bank Statement Summary Lender Worksheet is N/A. Missing lender 12 month bank statement income worksheet - Due Diligence Vendor-03/25/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/26/2026 |
Resolved-Received Bank Statement Summary Lender Worksheet - Due Diligence Vendor-03/30/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 63.18 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.06 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 751 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8310602 |