EFMT DEPOSITOR LLC abs-15g

Exhibit 99.06 - Schedule 1

 

Seller Loan ID Seller Loan ID Investor Loan ID Queue Created Date Last Modified Date Finding Status Event Level Finding Category Finding Sub Category Finding Name Reviewer Comments Seller Comments Finding Resolution Finding Document Reviewer Comp Factors Originator Comp Factors State Occupancy Loan Purpose Refinance Purpose Unique Finding ID Acknowledged / Waived By Waiver in File?
XXXXXXXX XXXXX   2120677 Closed 2026-01-13 10:31 2026-01-16 09:56 Resolved 1 - Information Credit Eligibility Appraisal Transfer Does Not Meet Guideline Requirements Resolved-The lender provided the required documentation.  Condition resolved. - Due Diligence Vendor-01/16/2026

Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-01/14/2026

Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-01/14/2026

Ready for Review-Document Uploaded.  - Buyer-01/14/2026

Open-Appraisal Transfer Does Not Meet Guideline Requirements. The lender guideline 6.1.4 requires an Appraisal Transfer to have copy of the invoice submitted to the original lender with outstanding balance if applicable. - Due Diligence Vendor-01/13/2026
  Resolved-The lender provided the required documentation.  Condition resolved. - Due Diligence Vendor-01/16/2026

 Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-01/14/2026

 Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-01/14/2026

Invoice.pdf     XX Primary Residence Purchase NA 7065397 N/A N/A
XXXXXXXX XXXXX   2120677 Closed 2026-01-13 08:33 2026-01-16 09:55 Resolved 1 - Information Compliance Missing Doc HPML: Most Recent Primary Appraisal Not Provided to Applicant Resolved-HPML Compliant: Evidence provided of delivery of most recent primary appraisal to applicant. The lender provided the required documentation.  Condition resolved. - Due Diligence Vendor-01/16/2026
Ready for Review-Document Uploaded.  - Seller-01/14/2026
Open-HPML Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. HPML: Most Recent Primary Appraisal Date of XX/XX/XXXX s after the Primary Appraisal Delivery Date of XX/XX/XXXX.
 - Due Diligence Vendor-01/13/2026
Ready for Review-Document Uploaded.  - Seller-01/14/2026

Resolved-HPML Compliant: Evidence provided of delivery of most recent primary appraisal to applicant. The lender provided the required documentation.  Condition resolved. - Due Diligence Vendor-01/16/2026

Updated appraisal emailed to borrower XX/XX/XXXX.pdf     XX Primary Residence Purchase NA 7060232 N/A N/A
XXXXXXXX XXXXX   2120677 Closed 2026-01-13 08:33 2026-01-16 09:55 Resolved 1 - Information Compliance Missing Doc ECOA: Most Recent Primary Appraisal Not Provided to Applicant Resolved-ECOA Compliant: Evidence provided of delivery of most recent primary appraisal to applicant. The lender provided the required documentation.  Condition resolved. - Due Diligence Vendor-01/16/2026
Ready for Review-Document Uploaded.  - Seller-01/14/2026
Open-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. - Due Diligence Vendor-01/13/2026
Ready for Review-Document Uploaded.  - Seller-01/14/2026

Resolved-ECOA Compliant: Evidence provided of delivery of most recent primary appraisal to applicant. The lender provided the required documentation.  Condition resolved. - Due Diligence Vendor-01/16/2026

Updated appraisal emailed to borrower XX/XX/XXXX.pdf     XX Primary Residence Purchase NA 7060233 N/A N/A
XXXXXXXX XXXXX   2117062 Closed 2026-01-08 12:08 2026-04-13 16:19 Resolved 1 - Information Credit Missing Doc Approval/Underwriting Summary Not Provided Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-01/13/2026
Ready for Review-Document Uploaded.  - Buyer-01/09/2026
Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-01/08/2026
  Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-01/13/2026

1008 XXXX.pdf     XX Investment Purchase NA 6989671 N/A N/A
XXXXXXXX XXXXX   2117067 Closed 2026-01-08 08:34 2026-01-08 16:31 Resolved 1 - Information Compliance Missing Doc Missing Final HUD-1: HUD in file Preliminary/Estimated only Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-01/08/2026
Ready for Review-Document Uploaded.  - Buyer-01/08/2026
Open-Missing Final HUD-1: Compliance testing utilized Preliminary/Estimated HUD from loan file. Additional exceptions may occur upon receipt of complete Final HUD-1. Missing Final HUD-1: HUD in file Preliminary/Estimated only
 - Due Diligence Vendor-01/08/2026
  Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-01/08/2026

XXXXXXX  FINAL HUD.pdf     XX Investment Refinance No Cash Out - Borrower Initiated 6980743 N/A N/A
XXXXXXXX XXXXX   2136838 Closed 2026-02-19 05:22 2026-02-20 11:15 Resolved 1 - Information Credit Missing Doc Hazard Insurance Policy is Missing Resolved-Hazard Insurance Policy provided. Finding Resolved. - Due Diligence Vendor-02/20/2026

Ready for Review-Document Uploaded.  - Buyer-02/19/2026

Open-Missing Hazard Insurance Policy - Due Diligence Vendor-02/19/2026
  Resolved-Hazard Insurance Policy provided. Finding Resolved. - Due Diligence Vendor-02/20/2026

hoi.pdf     XX Investment Refinance Cash Out - Other 7692255 N/A N/A
XXXXXXXX XXXXX   2136838 Closed 2026-02-19 05:43 2026-02-20 11:09 Resolved 1 - Information Credit Missing Doc Final HUD/Settlement Statement Not Provided Resolved-Final Settlement Statement provided. Finding Resolved. - Due Diligence Vendor-02/20/2026
Ready for Review-Please attached - Buyer-02/20/2026
Open-The final HUD/Settlement Statement is missing. - Due Diligence Vendor-02/19/2026
  Resolved-Final Settlement Statement provided. Finding Resolved. - Due Diligence Vendor-02/20/2026

hoi.pdf     XX Investment Refinance Cash Out - Other 7692399 N/A N/A
XXXXXXXX XXXXX   2128045 Closed 2026-02-05 13:14 2026-02-06 07:52 Waived 2 - Non-Material Credit Missing Doc Missing Documentation 1 Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B.  - Due Diligence Vendor-02/06/2026
Ready for Review-Document Uploaded.  - Buyer-02/05/2026
Open-The subject was closed with layered business entities, which are permitted by lender guidelines but require management approval. During the audit, no record of this approval was found. - Due Diligence Vendor-02/05/2026
  Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B.  - Due Diligence Vendor-02/06/2026

Exception XXXXX.pdf   Reserves 53 months
DSCR 1.19
XX Investment Purchase NA 7474192 Originator Post-Close No
XXXXXXXX XXXXX   2128049 Closed 2026-02-09 11:45 2026-02-11 08:10 Resolved 1 - Information Credit Eligibility Appraisal Transfer Does Not Meet Guideline Requirements Resolved-Lender provided the missing invoice. - Due Diligence Vendor-02/11/2026
Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-02/11/2026
Ready for Review-Document Uploaded.  - Buyer-02/10/2026
Open-Appraisal Transfer Does Not Meet Guideline Requirements. Missing the appraisal invoice. - Due Diligence Vendor-02/10/2026
  Resolved-Lender provided the missing invoice. - Due Diligence Vendor-02/11/2026

 Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-02/11/2026

Invoice.pdf     XX Primary Residence Purchase NA 7519642 N/A N/A
XXXXXXXX XXXXX   2136845 Closed 2026-02-27 16:44 2026-03-02 14:20 Waived 2 - Non-Material Credit Assets Cash Out Does Not Meet Guideline Requirements Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B.  - Due Diligence Vendor-03/02/2026
Counter-Document Uploaded.  - Due Diligence Vendor-03/02/2026
Counter-Audit has received the loan exception approval, however, is unable to validate the compensating factors.  The minimum fico per the FMC 18 Matrix is 720 for a cash out refinance at 70% LTV with a loan amount of $X,XXX.XX = Fico 733, 13 >720 minimum (exception approval reflects Fico 733, 53 >680 min).  Audit calculated reserves are 41 months, 29>12 minimum (exception approval reflects 47 months, 35>12 min) Please provide an updated exception approval. - Due Diligence Vendor-03/02/2026
Ready for Review-Document Uploaded.  - Buyer-02/28/2026
Open-Cash Out Does Not Meet Guideline Requirements Per lender guidelines, maximum cash out permitted $XXXX, borrower received $XXX,XXX.XX. - Due Diligence Vendor-02/27/2026
  Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B.  - Due Diligence Vendor-03/02/2026

Exception.pdf

Exception.pdf
  Fico 733, 13>720 min
Reserves 41 months, 29>12 min
XXX Mtg 1st 0x30x32 vs 0x30x12
XXX Mtg 2nd 0x30x41 vs 0x30x12
Subj Mtg 0x30x24 vs 0x30x12
XX Investment Refinance Cash Out - Other 7852919 Originator Post-Close No
XXXXXXXX XXXXX   2136845 Closed 2026-02-27 16:41 2026-03-02 14:19 Waived 2 - Non-Material Credit Eligibility Ineligible Property Type Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B.  - Due Diligence Vendor-03/02/2026
Counter-Document Uploaded.  - Due Diligence Vendor-03/02/2026
Counter-Audit has received the loan exception approval, however, is unable to validate the compensating factors.  The minimum fico per the FMC 18 Matrix is 720 for a cash out refinance at 70% LTV with a loan amount of $X,XXX,XXX.XX = Fico 733, 13 >720 minimum (exception approval reflects Fico 733, 53 >680 min).  Audit calculated reserves are 41 months, 29>12 minimum (exception approval reflects 47 months, 35>12 min) Please provide an updated exception approval. - Due Diligence Vendor-03/02/2026
Ready for Review-Document Uploaded.  - Buyer-02/28/2026
Open-Property type is ineligible due to . subject is an 8-unit property, per lender guidelines maximum units permitted is 4. - Due Diligence Vendor-02/27/2026
  Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B.  - Due Diligence Vendor-03/02/2026

Exception.pdf

Exception.pdf
  Fico 733, 13>720 min
Reserves 41 months, 29>12 min
XXX Mtg 1st 0x30x32 vs 0x30x12
XXX Mtg 2nd 0x30x41 vs 0x30x12
Subj Mtg 0x30x24 vs 0x30x12

XX Investment Refinance Cash Out - Other 7852900 Originator Post-Close No
XXXXXXXX XXXXX   2136845 Closed 2026-02-26 14:50 2026-03-02 14:07 Resolved 1 - Information Compliance Missing Doc Missing Final HUD-1: HUD in file Not Signed or Stamped Certified Resolved-Fully executed final HUD I provided, condition resolved. - Due Diligence Vendor-03/02/2026

Resolved-Signed or Stamped Certified HUD provided. - Due Diligence Vendor-03/02/2026

Ready for Review-Document Uploaded.  - Seller-02/28/2026

Open-Missing Final HUD-1: HUD in file Not Signed or Stamped Certified. - Due Diligence Vendor-02/26/2026
Ready for Review-Document Uploaded.  - Seller-02/28/2026

Resolved-Fully executed final HUD I provided, condition resolved. - Due Diligence Vendor-03/02/2026

 Resolved-Signed or Stamped Certified HUD provided. - Due Diligence Vendor-03/02/2026

Final HUD.pdf     XX Investment Refinance Cash Out - Other 7831057 N/A N/A
XXXXXXXX XXXXX   2137564 Closed 2026-02-27 19:08 2026-03-09 13:31 Resolved 1 - Information Credit Missing Doc Missing Rental Income Documentation for Subject Property Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-03/09/2026
Counter-The rent receipt lists 'Check' as the payment method, please provide copies of the checks for XX/XXXX and XX/XXXX (each for $X,XXX.XX). - Due Diligence Vendor-03/09/2026
Ready for Review-Document Uploaded.  - Buyer-03/06/2026
Open-Missing Rental Income Documentation for Subject Property. According to the lenders guidelines section 5.6.1, if the lease agreement reflects rents greater than 120% of the form 1007, the lease amount may be used for gross rents if two (2) months proof of receipt is verified.   File is missing verification of receipt of $XXXX.XX for the past 2 months.  - Due Diligence Vendor-02/28/2026
  Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-03/09/2026

Payments.pdf     XX Investment Refinance No Cash Out - Borrower Initiated 7854106 N/A N/A
XXXXXXXX XXXXX   2137564 Closed 2026-03-02 10:41 2026-03-02 16:27 Resolved 1 - Information Compliance Missing Doc Invoice - Missing or Incomplete Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-03/02/2026
Ready for Review-Document Uploaded.  - Buyer-03/02/2026
Open-Invoice - Missing or Incomplete. Condition added 3/2/2026:  audit could not locate a copy of the appraisal invoice.  - Due Diligence Vendor-03/02/2026
  Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-03/02/2026

invoice.pdf     XX Investment Refinance No Cash Out - Borrower Initiated 7875100 N/A N/A
XXXXXXXX XXXXX   2151720 Closed 2026-03-10 13:35 2026-04-06 08:50 Waived 2 - Non-Material Credit Missing Doc Missing Documentation- Visa or Valid Passport (Borrower 1) Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B.  - Due Diligence Vendor-04/06/2026
Ready for Review-Document Uploaded.  - Buyer-04/04/2026
Open-Missing Documentation- Visa or Valid Passport (Borrower 1) Under lender guideline section 2.7.1.4.4, a foreign national with a qualified visa may vest as an individual. Although the subject loan closed in an individual capacity, a copy of the borrower’s qualified visa is missing from the file. Audit confirmed via the XX XXXXXXXXXX XX XXXXX that XXXXXX does not participate in the Visa Waiver Program.     - Due Diligence Vendor-03/10/2026
  Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B.  - Due Diligence Vendor-04/06/2026

Excception.pdf   Res 16 mo, 4 mo>12 mo min
DSCR 1.06x, .06x 1.0x Min
XX Investment Purchase NA 8027963 Originator Post-Close No
XXXXXXXX XXXXX   2137566 Closed 2026-03-04 22:26 2026-03-06 12:50 Resolved 1 - Information Credit Missing Doc Final HUD/Settlement Statement Not Provided Resolved-Final settlement statement provided, condition resolved. - Due Diligence Vendor-03/06/2026

Ready for Review-Document Uploaded.  - Buyer-03/06/2026

Open-The final HUD/Settlement Statement is missing. Audit could not locate the final settlement statement, only the estimate was provided in loan file. - Due Diligence Vendor-03/05/2026
  Resolved-Final settlement statement provided, condition resolved. - Due Diligence Vendor-03/06/2026

Final HUD.pdf     XX Investment Refinance Cash Out - Other 7935107 N/A N/A
XXXXXXXX XXXXX   2137566 Closed 2026-03-04 22:25 2026-03-06 12:42 Resolved 1 - Information Compliance Missing Doc Invoice - Missing or Incomplete Resolved-Copy of invoice for $XXXX.XX provided, condition resolved. - Due Diligence Vendor-03/06/2026
Ready for Review-Document Uploaded.  - Buyer-03/06/2026
Open-Invoice - Missing or Incomplete. Audit could not locate a copy of the appraisal invoice for $X,XXX.XX. - Due Diligence Vendor-03/05/2026
  Resolved-Copy of invoice for $XXXX.XX provided, condition resolved. - Due Diligence Vendor-03/06/2026
invoice.pdf     XX Investment Refinance Cash Out - Other 7935101 N/A N/A
XXXXXXXX XXXXX   2151732 Closed 2026-04-07 10:25 2026-04-08 07:50 Acknowledged 2 - Non-Material Compliance Missing Doc ECOA: Most Recent Primary Appraisal Not Provided to Applicant Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-04/08/2026
Ready for Review- - Due Diligence Vendor-04/08/2026
Counter-The most recent appraisal was signed XX/XX/XXXX, however the delivery date provided in the loan file is XX/XX/XXXX.   - Due Diligence Vendor-04/07/2026
Open-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. ECOA: Most Recent Primary Appraisal Date of <<Appraiser_Signature_Date>> is after the Primary Appraisal Delivery Date of <<Appraisal_Delivery_Date>>.. - Due Diligence Vendor-04/07/2026
Ready for Review-Document Uploaded.  - Seller-04/07/2026
Open-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. ECOA: Most Recent Primary Appraisal Date of XX/XX/XXXX is after the Primary Appraisal Delivery Date of XX/XX/XXXX. - Due Diligence Vendor-04/07/2026
Please waive. - 04/08/2026

 

Ready for Review-Document Uploaded.  - Seller-04/07/2026

Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-04/08/2026

XXXXXX appraisal sent.pdf     XX Investment Purchase NA 8526898 Originator Post-Close No
XXXXXXXX XXXXX   2151732 Closed 2026-04-07 10:25 2026-04-07 15:30 Resolved 1 - Information Compliance Missing Doc ECOA: Appraisal Disclosure Missing or Incomplete Resolved-ECOA Compliant: Appraisal Disclosure provided. - Due Diligence Vendor-04/07/2026

Ready for Review-Document Uploaded.  - Seller-04/07/2026

Open-ECOA Non-Compliant: Appraisal Disclosure Missing or Incomplete. Appraisal Disclosure is Missing - Due Diligence Vendor-04/07/2026
Ready for Review-Document Uploaded.  - Seller-04/07/2026

Resolved-ECOA Compliant: Appraisal Disclosure provided. - Due Diligence Vendor-04/07/2026

XXXXXX right to receive appraisal.pdf     XX Investment Purchase NA 8526897 N/A N/A
XXXXXXXX XXXXX   2151732 Closed 2026-04-07 10:25 2026-04-07 15:13 Acknowledged 1 - Information Property Value S&P value equals B, secondary product within tolerance Acknowledged- - Due Diligence Vendor-04/07/2026

Ready for Review-Approve - Seller-04/07/2026

Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/07/2026
Ready for Review-Approve - Seller-04/07/2026

        XX Investment Purchase NA 8526894 Investor Post-Close No
XXXXXXXX XXXXX   2151732 Closed 2026-04-07 09:20 2026-04-07 15:03 Resolved 1 - Information Compliance Disclosure E-Consent documentation is missing for borrower(s) Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-04/07/2026

Ready for Review-Document Uploaded.  - Seller-04/07/2026

Open-E-Consent documentation is missing for borrower(s). E-Consent documentation is missing - Due Diligence Vendor-04/07/2026
Ready for Review-Document Uploaded.  - Seller-04/07/2026

Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-04/07/2026

econsent XXXXXX.pdf     XX Investment Purchase NA 8523847 N/A N/A
XXXXXXXX XXXXX   2136841 Closed 2026-02-25 05:39 2026-03-03 13:49 Resolved 1 - Information Compliance QM-ATR ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-02/27/2026
Ready for Review-Uploaded - Buyer-02/26/2026
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements XXXXXXXXX XXXX Statement is missing from XX/XX/XXXX to XX/XX/XXXX - Due Diligence Vendor-02/25/2026
  Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-02/27/2026

      XX Primary Residence Purchase NA 7794258 N/A N/A
XXXXXXXX XXXXX   2136841 Closed 2026-02-25 05:08 2026-03-02 12:04 Resolved 1 - Information Compliance Tolerance:FinanceCharge Federal - Finance Charge Disclosure Tolerance (Closed End) Resolved-Lender provided PCCD and Letter of explanation for the finance charge. - Due Diligence Vendor-03/02/2026
Resolved-. - Due Diligence Vendor-03/02/2026
Resolved- - Due Diligence Vendor-03/02/2026
Ready for Review-Document Uploaded.  - Seller-03/02/2026
Open-Document Uploaded.  - Due Diligence Vendor-02/27/2026
Open-The disclosed finance charge ($X,XXX,XXX.XX) is ($XXX.XX) below the actual finance charge($X,XXX,XXX.XX). The Truth in Lending Act considers the disclosed finance charge inaccurate if it is more than $XXX below the actual finance charge. (12 CFR 1026.18(d)(1); OSC 17(c)(2)(ii)-1) The disclosed finance charge ($X,XXX,XXX.XX) is ($XXX.XX) below the actual finance charge ($X,XXX,XXX.XX). The Truth in Lending Act considers the disclosed finance charge inaccurate if it is more than $XXX below the actual finance charge. (12 CFR 1026.18(d)(1); OSC 17(c)(2)(ii)-1) The lender appears have included Fraud Guard fee to the calculation. - Due Diligence Vendor-02/25/2026
Open- - Due Diligence Vendor-02/25/2026
Open- - Due Diligence Vendor-02/25/2026
Open- - Due Diligence Vendor-02/25/2026
Ready for Review-Document Uploaded.  - Seller-03/02/2026

Resolved-Lender provided PCCD and Letter of explanation for the finance charge. - Due Diligence Vendor-03/02/2026

 Resolved-. - Due Diligence Vendor-03/02/2026

XXXXXXXXXXXXXXXXXXXXXX.pdf
PCCD.pdf
Letter of Explanation - Courier Fee.pdf
XXXXXXXXXXX CK Copy.pdf
FedEx Shipping Label - XXXXXXXXX.pdf
    XX Primary Residence Purchase NA 7794009 N/A N/A
XXXXXXXX XXXXX   2136841 Closed 2026-02-24 09:53 2026-02-27 08:31 Resolved 1 - Information Credit Missing Doc Borrower 1 Business Bank Statements Missing Resolved-Lender provided the missing bank statements. - Due Diligence Vendor-02/27/2026
Resolved-Borrower 1 XXXXXXXXX XXXX Statements Provided - Due Diligence Vendor-02/27/2026
Ready for Review-Document Uploaded.  - Seller-02/26/2026
Open-Borrower 1 XXXXXXXX XXXX Statements Missing XXXXXXXX XXXX Statement is missing from XX/XX/XXXX to XX/XX/XXXX - Due Diligence Vendor-02/24/2026
Ready for Review-Document Uploaded.  - Seller-02/26/2026

Resolved-Lender provided the missing bank statements. - Due Diligence Vendor-02/27/2026

 Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-02/27/2026

XX/XXXX-_acct_XXXX.pdf
XX/XXXX_-aact_XXXX.pdf
XX/XXXX_-acct_XXXX.pdf
XX/XXXX_-acct_XXXX.pdf
XX/XXXX_-acct_XXXX.pdf
XX/XXXX_-_acct_XXXX.pdf
XX/XXXX_-acct_XXXX.pdf
XX/XXXX_-acct_XXXX.pdf
XX/XXXX_-_acct_XXXX.pdf
XX/XXXX_-acct_XXXX.pdf
XX/XXXX-_acct_XXXX.pdf
    XX Primary Residence Purchase NA 7779907 N/A N/A
XXXXXXXX XXXXX   2137562 Closed 2026-03-03 08:18 2026-03-09 13:39 Resolved 1 - Information Credit Missing Doc Approval/Underwriting Summary Not Provided Resolved-Lender provided the missing approval/underwriting summary. - Due Diligence Vendor-03/05/2026

Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-03/05/2026

Ready for Review-Document Uploaded.  - Buyer-03/04/2026

Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-03/03/2026
  Resolved-Lender provided the missing approval/underwriting summary. - Due Diligence Vendor-03/05/2026

 Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-03/05/2026

1008.pdf     XX Primary Residence Purchase NA 7894488 N/A N/A
XXXXXXXX XXXXX   2136848 Closed 2026-02-25 06:53 2026-02-27 08:03 Resolved 1 - Information Compliance Disclosure TILA: ARM Program Document is Missing or Incomplete Resolved-Lender provided the ARM Disclosure - Due Diligence Vendor-02/27/2026
Resolved-ARM Disclosure is is Present or Not Applicable - Due Diligence Vendor-02/27/2026
Ready for Review-Document Uploaded.  - Buyer-02/27/2026
Open-ARM Disclosure is Missing or Incomplete Provided ARM disclosure is not signed  - Due Diligence Vendor-02/25/2026
  Resolved-Lender provided the ARM Disclosure - Due Diligence Vendor-02/27/2026

 Resolved-ARM Disclosure is is Present or Not Applicable - Due Diligence Vendor-02/27/2026

XXXXXX Arm Signed.pdf     XX Primary Residence Purchase NA 7795414 N/A N/A
XXXXXXXX XXXXX   2136848 Closed 2026-02-25 06:21 2026-02-27 08:03 Resolved 1 - Information Credit Eligibility Appraisal Transfer Does Not Meet Guideline Requirements Resolved-Lender provided the appraisal invoice - Due Diligence Vendor-02/27/2026

Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-02/27/2026

Ready for Review-Document Uploaded.  - Buyer-02/27/2026

Open-Appraisal Transfer Does Not Meet Guideline Requirements. Copy of the invoice submitted to the original lender with outstanding balance - Due Diligence Vendor-02/25/2026
  Resolved-Lender provided the appraisal invoice - Due Diligence Vendor-02/27/2026

 Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-02/27/2026

invoice.pdf     XX Primary Residence Purchase NA 7794615 N/A N/A
XXXXXXXX XXXXX   2151721 Closed 2026-03-31 15:31 2026-04-01 14:42 Resolved 1 - Information Compliance Missing Doc Invoice - Missing or Incomplete Resolved-Appraisal invoice provided, condition resolved. - Due Diligence Vendor-04/01/2026
Ready for Review-Document Uploaded.  - Buyer-04/01/2026
Open-Invoice - Missing or Incomplete. Audit could not locate invoice for appraisal for $XXX.XX. - Due Diligence Vendor-03/31/2026
  Resolved-Appraisal invoice provided, condition resolved. - Due Diligence Vendor-04/01/2026

Appraisal Inv.pdf     XX Investment Refinance No Cash Out - Borrower Initiated 8413870 N/A N/A
XXXXXXXX XXXXX   2151722 Closed 2026-03-31 12:10 2026-04-01 14:54 Resolved 1 - Information Compliance Missing Doc Invoice - Missing or Incomplete Resolved-Appraisal invoice provided, condition resolved. - Due Diligence Vendor-04/01/2026
Ready for Review-Document Uploaded.  - Buyer-03/31/2026
Open-Invoice - Missing or Incomplete. Audit could not locate invoice for appraisal for $XXX.XX
 - Due Diligence Vendor-03/31/2026
  Resolved-Appraisal invoice provided, condition resolved. - Due Diligence Vendor-04/01/2026

Appraisal Inv.pdf     XX Investment Refinance No Cash Out - Borrower Initiated 8409887 N/A N/A
XXXXXXXX XXXXX   2151725 Closed 2026-04-02 12:30 2026-04-02 14:21 Acknowledged 1 - Information Property Value S&P value equals B, secondary product within tolerance Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/02/2026

Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/02/2026
  Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/02/2026

      XX Primary Residence Purchase NA 8458162 Investor Post-Close No
XXXXXXXX XXXXX   2151727 Closed 2026-04-03 13:09 2026-04-06 09:00 Resolved 1 - Information Compliance Missing Doc Invoice - Missing or Incomplete Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-04/06/2026
Ready for Review-Document Uploaded.  - Buyer-04/03/2026
Open-Invoice - Missing or Incomplete. Audit could not locate invoice for appraisal for $XXX.XX.
 - Due Diligence Vendor-04/03/2026
  Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-04/06/2026

Appraisal Inv.pdf     XX Investment Refinance Cash Out - Other 8480033 N/A N/A
XXXXXXXX XXXXX   2151729 Closed 2026-04-03 11:55 2026-04-07 13:02 Waived 2 - Non-Material Credit Eligibility Audited LTV Exceeds Guideline LTV Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/07/2026

Open-Audited LTV of 75% exceeds Guideline LTV of 70% . - Due Diligence Vendor-04/07/2026

Ready for Review-Document Uploaded.  - Buyer-04/06/2026

Open-Audited LTV of 75% exceeds Guideline LTV of 70% - Due Diligence Vendor-04/03/2026
  Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/07/2026

LTV Exception.pdf   DSCR: 1.1691%, .169%>1.00% Min
Reserves (cash out): 19 months vs 6 months required.
XX Investment Refinance Cash Out - Other 8478358 Originator Pre-Close Yes
XXXXXXXX XXXXX   2151729 Closed 2026-04-03 11:55 2026-04-07 13:01 Waived 2 - Non-Material Credit Eligibility Audited HCLTV Exceeds Guideline HCLTV Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/07/2026

Open-Audited HLTV of 75% exceeds Guideline HCLTV of 70% . - Due Diligence Vendor-04/07/2026

Ready for Review-Document Uploaded.  - Buyer-04/06/2026

Open-Audited HLTV of 75% exceeds Guideline HCLTV of 70% - Due Diligence Vendor-04/03/2026
  Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/07/2026

LTV Exception.pdf   DSCR: 1.1691%, .169%>1.00% Min
Reserves (cash out): 19 months vs 6 months required.
XX Investment Refinance Cash Out - Other 8478357 Originator Pre-Close Yes
XXXXXXXX XXXXX   2151729 Closed 2026-04-03 11:55 2026-04-07 13:00 Waived 2 - Non-Material Credit Eligibility Audited CLTV Exceeds Guideline CLTV Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/07/2026

Open-Audited CLTV of 75% exceeds Guideline CLTV of 70% . - Due Diligence Vendor-04/07/2026

Ready for Review-Document Uploaded.  - Seller-04/06/2026

Open-Audited CLTV of 75% exceeds Guideline CLTV of 70% - Due Diligence Vendor-04/03/2026
Ready for Review-Document Uploaded.  - Seller-04/06/2026

Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/07/2026

LTV Exception.pdf   DSCR: 1.1691%, .169%>1.00% Min
Reserves (cash out): 19 months vs 6 months required.
XX Investment Refinance Cash Out - Other 8478356 Originator Pre-Close Yes
XXXXXXXX XXXXX   2151729 Closed 2026-04-06 11:52 2026-04-07 11:32 Waived 2 - Non-Material Property Property Subject property was listed for sale within a time period not allowed per guidelines Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated.    Finding is non-material, and loan will be graded a B.
 - Due Diligence Vendor-04/07/2026
Ready for Review-Document Uploaded.  - Buyer-04/06/2026
Open-According to lender guidelines, section 6.1.10: cash-out refinance on recently listed property is in the last 90 days is by exception only.  Listing was removed XX/XX/XXXX, subject closed XX/XX/XXXX.  Audit was unable to locate this exception.  - Due Diligence Vendor-04/06/2026
  Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated.    Finding is non-material, and loan will be graded a B.
 - Due Diligence Vendor-04/07/2026

Listed Exception.pdf   DSCR:1.16x, .16>1.00x min
Res 19 mo, 13 mo>6mo min
XX Investment Refinance Cash Out - Other 8504725 Originator Pre-Close Yes
XXXXXXXX XXXXX   2151729 Closed 2026-04-06 12:09 2026-04-07 10:39 Resolved 1 - Information Credit Eligibility Missing Property Tax Cert Resolved-Lender provided updated property taxes without homestead exemption, dscr went from 1.1238 to 1.189%, condition resolved. - Due Diligence Vendor-04/07/2026
Ready for Review-Document Uploaded. Please see attached This one is updated.  The DSCR changed from 1.1238% to 1.1189%.   - Buyer-04/06/2026
Open-Missing Property Tax Documentation: audit was unable to locate a tax certificate excluding the Homestead Exemption. Since the current tax amount of $XX,XXX.XX includes this exemption (per the Property Appraiser’s website), the DSCR to be recalculated using the non-exempted figures. - Due Diligence Vendor-04/06/2026
  Resolved-Lender provided updated property taxes without homestead exemption, dscr went from 1.1238 to 1.189%, condition resolved. - Due Diligence Vendor-04/07/2026

Property Tax Calculation.pdf

Taxes.pdf
    XX Investment Refinance Cash Out - Other 8505176 N/A N/A