Exhibit 99.05 - Schedule 2
| Infinity Loan ID | Loan Number | Redacted ID | Loan Number 2 | Borrower Name | State | QM/ATR Status | Initial Overall Loan Grade | Final Overall Grade | Final Credit Grade | Final Property Grade | Final Compliance Grade | Material (level 3) TRID exception? | Material (level 3) Non-TRID exception? | Active Material Exceptions | Active Non Material Exceptions | Satisfied Exceptions | Waived Exceptions | Compensating Factors | Property Type | Note Date | LTV | CLTV | Occupancy | Purpose | Credit Score | Brwr 1 Yrs in Property | Brwr 1 Occupation | Brwr 1 Yrs on Job | Total Monthly Income | Mortgage History | Cash Out Amount | DTI | FTHB Flag | Loan Doc Type | Loan Status | Review Date |
| xxx | xxx | 2139968 | xxx | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No | Single Family | xxx | xxx | xxx | Investor | Cash Out | 759 | XXXX | 15 | Mos Reviewed:24 Times 1X30:0 Times 1X60:0 Times 1X90:0 Currently Delinquent? :No Total Delinquent: Mortgage/Rent Dlq Last 12 Mos:0 Max Days Dlq Last 12 Mos:0 Verification Type:Credit Report |
xxx | No Documentation | QC Complete | 03/09/2026 | ||||||||||
| xxx | xxx | 2137585 | xxx | Connecticut | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No | 4 Family | xxx | xxx | xxx | Investor | Cash Out | 709 | Mos Reviewed:24 Times 1X30:0 Times 1X60:0 Times 1X90:0 Currently Delinquent? :No Total Delinquent: Mortgage/Rent Dlq Last 12 Mos:0 Max Days Dlq Last 12 Mos:0 Verification Type:Credit Report |
xxx | No Documentation | QC Complete | 03/03/2026 | ||||||||||||
| xxx | xxx | 2139967 | xxx | Florida | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No | *** (CURED) Required Documentation Missing or Incomplete - EV R COMMENT: Provide updated signed application with change in loan amount from xxx to xxx. 03/06/2026: Resolved. Received corrected 1003 |
Single Family | xxx | xxx | xxx | Investor | Cash Out | 759 | XXXX | 15 | Mos Reviewed:24 Times 1X30:0 Times 1X60:0 Times 1X90:0 Currently Delinquent? :No Total Delinquent: Mortgage/Rent Dlq Last 12 Mos:0 Max Days Dlq Last 12 Mos:0 Verification Type:Credit Report |
xxx | No Documentation | QC Complete | 03/02/2026 | |||||||||
| xxx | xxx | 2137586 | xxx | North Carolina | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No | Single Family | xxx | xxx | xxx | Investor | Refinance | 748 | 4 | Mos Reviewed:24 Times 1X30:0 Times 1X60:0 Times 1X90:0 Currently Delinquent? :No Total Delinquent: Mortgage/Rent Dlq Last 12 Mos:0 Max Days Dlq Last 12 Mos:0 Verification Type:Credit Report |
No Documentation | QC Complete | 03/02/2026 | ||||||||||||
| xxx | xxx | 2137584 | xxx | Connecticut | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No | *** (CURED) Amount of title insurance is less than mortgage amount - EV R COMMENT: Title insurance amount xxx is not sufficient to cover loan amount xxx. Provide an updated title report with sufficient title policy amount. 03/04/2026; received updated title with policy amount of xxx *** (CURED) Application Missing - EV R COMMENT: Missing signed application. 03/09/2026 Resolved: The copy of signed application resolves the condition. |
Single Family | xxx | xxx | xxx | Investor | Cash Out | 735 | Mos Reviewed:24 Times 1X30:0 Times 1X60:0 Times 1X90:0 Currently Delinquent? :No Total Delinquent: Mortgage/Rent Dlq Last 12 Mos:0 Max Days Dlq Last 12 Mos:0 Verification Type:Credit Report |
xxx | No Documentation | QC Complete | 02/27/2026 | |||||||||||
| xxx | xxx | 2137581 | xxx | Pennsylvania | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No | Single Family | xxx | xxx | xxx | Investor | Cash Out | 779 | XXXX | 5 | Mos Reviewed:24 Times 1X30:0 Times 1X60:0 Times 1X90:0 Currently Delinquent? :No Total Delinquent: Mortgage/Rent Dlq Last 12 Mos:0 Max Days Dlq Last 12 Mos:0 Verification Type:Credit Report |
xxx | No Documentation | QC Complete | 02/27/2026 | ||||||||||
| xxx | xxx | 2137583 | xxx | Pennsylvania | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No | Low Rise Condo (1-4 Stories) | xxx | xxx | xxx | Investor | Purchase | 779 | XXXX | 5 | Mos Reviewed:24 Times 1X30:0 Times 1X60:0 Times 1X90:0 Currently Delinquent? :No Total Delinquent: Mortgage/Rent Dlq Last 12 Mos:0 Max Days Dlq Last 12 Mos:0 Verification Type:Credit Report |
No | No Documentation | QC Complete | 02/24/2026 | ||||||||||
| xxx | xxx | 2137582 | xxx | Georgia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No | Single Family | xxx | xxx | xxx | Investor | Cash Out | 736 | 15 | Mos Reviewed:24 Times 1X30:0 Times 1X60:0 Times 1X90:0 Currently Delinquent? :No Total Delinquent: Mortgage/Rent Dlq Last 12 Mos:0 Max Days Dlq Last 12 Mos:0 Verification Type:Credit Report |
xxx | DSCR | QC Complete | 02/17/2026 | |||||||||||
| xxx | xxx | 2144645 | xxx | North Carolina | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No | Single Family | xxx | xxx | xxx | Investor | Cash Out | 731 | XXXX | 13.42 | Mos Reviewed:24 Times 1X30:0 Times 1X60:0 Times 1X90:0 Currently Delinquent? :No Total Delinquent: Mortgage/Rent Dlq Last 12 Mos:0 Max Days Dlq Last 12 Mos:0 Verification Type:Credit Report |
xxx | DSCR | QC Complete | 03/18/2026 | ||||||||||
| xxx | xxx | 2144646 | xxx | North Carolina | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No | *** (CURED) Hazard Insurance Coverage less than Loan Amount - EV R COMMENT: Missing Master policy and condo questionnaire. 03/24/2026: Resolved: Received copy of questionnaire and master policy |
Low Rise Condo (1-4 Stories) | xxx | xxx | xxx | Investor | Cash Out | 731 | XXXX | 13.41 | $0.00 | Mos Reviewed:24 Times 1X30:0 Times 1X60:0 Times 1X90:0 Currently Delinquent? :No Total Delinquent: Mortgage/Rent Dlq Last 12 Mos:0 Max Days Dlq Last 12 Mos:0 Verification Type:Credit Report |
xxx | No Documentation | QC Complete | 03/18/2026 | ||||||||
| xxx | xxx | 2144647 | xxx | North Carolina | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No | Low Rise Condo (1-4 Stories) | xxx | xxx | xxx | Investor | Cash Out | 731 | XXXX | 13.42 | Mos Reviewed:24 Times 1X30:0 Times 1X60:0 Times 1X90:0 Currently Delinquent? :No Total Delinquent: Mortgage/Rent Dlq Last 12 Mos:0 Max Days Dlq Last 12 Mos:0 Verification Type:Credit Report |
xxx | No Documentation | QC Complete | 03/18/2026 | ||||||||||
| xxx | xxx | 2151575 | xxx | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No | Low Rise Condo (1-4 Stories) | xxx | xxx | xxx | Investor | Refinance | 776 | XXXX | 4.41 | Mos Reviewed:24 Times 1X30:0 Times 1X60:0 Times 1X90:0 Currently Delinquent? :No Total Delinquent: Mortgage/Rent Dlq Last 12 Mos:0 Max Days Dlq Last 12 Mos:0 Verification Type:Credit Report |
DSCR | QC Complete | 03/23/2026 | |||||||||||
| xxx | xxx | 2151573 | xxx | Georgia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No | Single Family | xxx | xxx | xxx | Investor | Cash Out | 765 | XXXX | 5 | Mos Reviewed:24 Times 1X30:0 Times 1X60:0 Times 1X90:0 Currently Delinquent? :No Total Delinquent: Mortgage/Rent Dlq Last 12 Mos:0 Max Days Dlq Last 12 Mos:0 Verification Type:Credit Report |
xxx | DSCR | QC Complete | 03/25/2026 | ||||||||||
| xxx | xxx | 2144648 | xxx | North Carolina | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No | Single Family | xxx | xxx | xxx | Investor | Cash Out | 731 | 13.5 | Mos Reviewed:24 Times 1X30:0 Times 1X60:0 Times 1X90:0 Currently Delinquent? :No Total Delinquent: Mortgage/Rent Dlq Last 12 Mos:0 Max Days Dlq Last 12 Mos:0 Verification Type:Credit Report |
xxx | No Documentation | QC Complete | 03/18/2026 |