J.P. MORGAN ACCEPTANCE CORPORATION II ABS-15G
Exhibit 99.8
| 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 | 304381134 | C | A | A | A | C | A | C | A | Closed | FCOM1111 | 2024-05-21 13:02 | 2024-06-26 11:04 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Late Charge Grace Period is less than 10 days | Resolved-Received a corrected Note signed by borrower. - Due Diligence Vendor-06/26/2024 Open-Late Charge Grace Period is less than 10 days Per Note Late Charge Grace Period is 5 days. - Due Diligence Vendor-05/21/2024 |
Resolved-Received a corrected Note signed by borrower. - Due Diligence Vendor-06/26/2024 |
Months Reserves exceed minimum required - Qualifying Total Reserves Number of Months 125.52; Months Required 6 Qualifying DTI below maximum allowed - Qualifying Total Debt Income Ratio <20%; Guideline DTI 43% |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 1715969 | |||
| XXXX | XXXX | 304381134 | C | A | A | A | C | A | C | A | Closed | FVAL1039 | 2024-05-24 09:53 | 2024-06-05 17:10 | Resolved | 1 - Information | C | A | Property | Value | Appraised value unsupported | Resolved-Desk review supporting the appraised value within 10% provided. - Due Diligence Vendor-06/05/2024 Open--CU/LPA score >2.5 desk review is required - Due Diligence Vendor-05/24/2024 |
Resolved-Desk review supporting the appraised value within 10% provided. - Due Diligence Vendor-06/05/2024 |
Months Reserves exceed minimum required - Qualifying Total Reserves Number of Months 125.52; Months Required 6 Qualifying DTI below maximum allowed - Qualifying Total Debt Income Ratio <20%; Guideline DTI 43% |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 1733964 | |||
| XXXX | XXXX | 304674433 | D | B | D | B | A | A | A | A | Closed | FCRE7810 | 2025-03-10 07:37 | 2025-03-11 15:50 | Waived | 2 - Non-Material | C | B | Credit | Title | Title issue | Waived-Originator exception granted and in file, waiver applied with comp factors. (Non Mat-Approved lender exception with comp factors) - Due Diligence Vendor-03/11/2025 Open-Exception request: The old G/L stated eligible for delayed financing when purchased in cash within 6 mths of the loan app. Follow 3 mth seasoning for cash out- Seeking exception to the new appraised value since now its past 90 days. - Due Diligence Vendor-03/10/2025 |
Waived-Originator exception granted and in file, waiver applied with comp factors. (Non Mat-Approved lender exception with comp factors) - Due Diligence Vendor-03/11/2025 |
Months Reserves exceed minimum required - 3 mths reserves required- Borrower's reserves 104.88 mths Qualifying FICO score is at least 20 points above minimum for program - MIn FICO 600- Borrower's FICO 746 |
- 0X30 mortgage history 2 yrs - ratio .4 above minimumm - fico 46 pts above minimum for program |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 3567121 | ||
| XXXX | XXXX | 304674433 | D | B | D | B | A | A | A | A | Closed | FCRE7347 | 2025-03-10 07:29 | 2025-03-11 15:49 | Waived | 2 - Non-Material | D | B | Credit | Missing Doc | Missing Lease Agreement | Waived-Originator exception granted and in file, waiver applied with comp factors. (Non Mat-Approved lender exception with comp factors) - Due Diligence Vendor-03/11/2025 Open-Exception request: Old guide require lease for all occupied dscr. Seeking exception to use the new guide where a lease is not needed if the actual rent is marked on the appraisal 1007. - Due Diligence Vendor-03/10/2025 |
Waived-Originator exception granted and in file, waiver applied with comp factors. (Non Mat-Approved lender exception with comp factors) - Due Diligence Vendor-03/11/2025 |
Months Reserves exceed minimum required - 3 mths reserves required- Borrower's reserves 104.88 mths Qualifying FICO score is at least 20 points above minimum for program - MIn FICO 600- Borrower's FICO 746 |
-Credit score 46 pts above minimum - 0X30 mtg history 24+months |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 3567082 | ||
| XXXX | XXXX | 304875623 | D | B | D | B | A | A | A | A | Closed | FCRE1441 | 2025-06-06 09:00 | 2025-07-23 12:53 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Waived-Originator waiver applied to non material finding with compensating factors. Exception to waive requirement to bring borrower's past due accounts current. - Due Diligence Vendor-07/23/2025 Ready for Review-Document Uploaded. - Seller-07/22/2025 Open-Delinquent Credit History Does Not Meet Guideline Requirements Per guidelines, past due account must be brought current, B1 has past due accounts. - Due Diligence Vendor-06/06/2025 |
Ready for Review-Document Uploaded. - Seller-07/22/2025 |
Waived-Originator waiver applied to non material finding with compensating factors. Exception to waive requirement to bring borrower's past due accounts current. - Due Diligence Vendor-07/23/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 700, coborrowers mid score is 785 Months Reserves exceed minimum required - 3 month minimum reserves required, borrower has 60.22 documented |
LTV is 5% less than guideline maximum Qualifying FICO score is at least 20 points above minimum for program |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | Yes | 4358707 |
| XXXX | XXXX | 304875623 | D | B | D | B | A | A | A | A | Closed | FCRE7551 | 2025-06-06 09:01 | 2025-06-17 09:00 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Divorce Decree | Resolved-Received divorce decree - Due Diligence Vendor-06/17/2025 Ready for Review-Document Uploaded. please see attached Divorce decree labeled as Judgment.entered.XXXX - Seller-06/12/2025 Open-Missing divorce decree for borrower: title vesting states she is unmarried yet current vesting shows jointly with spouse - Due Diligence Vendor-06/06/2025 |
Ready for Review-Document Uploaded. please see attached Divorce decree labeled as Judgment.entered.XXXX - Seller-06/12/2025 |
Resolved-Received divorce decree - Due Diligence Vendor-06/17/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 700, coborrowers mid score is 785 Months Reserves exceed minimum required - 3 month minimum reserves required, borrower has 60.22 documented |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 4358719 | |
| XXXX | XXXX | 304875621 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2025-07-18 13:29 | 2025-07-23 16:38 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Business Purpose Affidavit - Due Diligence Vendor-07/23/2025 Ready for Review-Document Uploaded. See attached - Seller-07/22/2025 Open-Business Purpose Affidavit/Disclosure Missing - Due Diligence Vendor-07/18/2025 |
Ready for Review-Document Uploaded. See attached - Seller-07/22/2025 |
Resolved-Received Business Purpose Affidavit - Due Diligence Vendor-07/23/2025 |
Qualifying DTI below maximum allowed - Max DTI 50%- Borrower has 65% Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660- Borrower's FICO 768 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 4871472 | |
| XXXX | XXXX | 304875621 | D | A | D | A | A | A | A | A | Closed | FCRE1158 | 2025-07-18 13:36 | 2025-07-23 16:37 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received HOI Policy. - Due Diligence Vendor-07/23/2025 Ready for Review-Document Uploaded. Please see attached policy for the XXXX term which matches the Premium used to qualify. - Seller-07/22/2025 Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided Missing updated HOI annual premium invoice amount to match final HUD/settlement statement - Due Diligence Vendor-07/18/2025 |
Ready for Review-Document Uploaded. Please see attached policy for the XXXX/XXXX term which matches the Premium used to qualify. - Seller-07/22/2025 |
Resolved-Received HOI Policy. - Due Diligence Vendor-07/23/2025 |
Qualifying DTI below maximum allowed - Max DTI 50%- Borrower has 65% Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660- Borrower's FICO 768 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 4871672 | |
| XXXX | XXXX | 304758097 | C | B | C | B | A | A | A | A | Closed | FCRE0140 | 2025-07-23 07:26 | 2025-07-23 08:22 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | DSCR loan does not meet program guidelines | Waived-Originator exception granted to allow 120% market rents, Non-material waiver applied with comp factors. non-material due to LTV under 75%, high reserves. - Due Diligence Vendor-07/23/2025 Open-Exception in file to allow 120% of 1007 without proof of receipt. - Due Diligence Vendor-07/23/2025 |
Waived-Originator exception granted to allow 120% market rents, Non-material waiver applied with comp factors. non-material due to LTV under 75%, high reserves. - Due Diligence Vendor-07/23/2025 |
Months Reserves exceed minimum required - Verified assets of 82.69 months exceeds the minimum required of 0 months Qualifying FICO score is at least 20 points above minimum for program - FICO of 687 is higher than the minimum FICO required of 660 |
mortgage history 0x30 (REO free/clear) 4 years in primary |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 4915015 | ||
| XXXX | XXXX | 304875613 | C | A | C | A | C | A | A | A | Closed | FCRE0075 | 2025-08-06 13:17 | 2025-08-25 15:43 | 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-Received LOE from borrower marked in error. - Due Diligence Vendor-08/25/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-08/21/2025 Open-CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration. Missing documentation and explanation for the "YES" answers under :Section 5: Declarations" for questions (5a.D1) : Have you or will you be applying for a mortgage loan on another property (not the property securing this loan) on or before closing this transaction that is not disclosed on this loan application; and (5a.F): Are you a co- signer or guarantor on any debt or loan that is not disclosed on this application? - Due Diligence Vendor-08/08/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-08/21/2025 |
Resolved-Received LOE from borrower marked in error. - Due Diligence Vendor-08/25/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO 680- Borrower's FICO 749 Months Reserves exceed minimum required - Min reserves 3 mths- Borrower has 117.49 mths in reserves |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 5078145 | |
| XXXX | XXXX | 304875613 | C | A | C | A | C | A | A | A | Closed | finding-3634 | 2025-08-06 13:57 | 2025-08-08 17:16 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved------Zero (0%) tolerance fees increased by $XXXX (442 Re-Inspection) without a valid COC in file. However, there is a lender credit on Final Cd 7/22/25 for fee's above legal limit in the amount of $XXXX. Resolved. - Due Diligence Vendor-08/08/2025 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 $XXXX.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 $XXXX (442 Re-Inspection) without a valid COC in file. However, there is a lender credit on Final Cd XXXX for fee's above legal limit in the amount of $XXXX. Resolved. - Due Diligence Vendor-08/06/2025 |
Resolved------Zero (0%) tolerance fees increased by $XXXX(442 Re-Inspection) without a valid COC in file. However, there is a lender credit on Final Cd XXXX for fee's above legal limit in the amount of $XXXX. Resolved. - Due Diligence Vendor-08/08/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO 680- Borrower's FICO 749 Months Reserves exceed minimum required - Min reserves 3 mths- Borrower has 117.49 mths in reserves |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 5079007 | |||
| XXXX | XXXX | 304892636 | C | B | C | B | A | A | A | A | Closed | FCRE0099 | 2025-08-19 13:27 | 2025-09-19 16:20 | Resolved | 1 - Information | C | A | Credit | Eligibility | Discrepancy between Condo Questionnaire and Appraisal | Resolved-Received duplicate appraisal-differences in HOA cert and appraisal are limited and no impact. - Due Diligence Vendor-09/19/2025 Ready for Review-Document Uploaded. Revised appraisal uploaded - Seller-09/18/2025 Counter-Please provide revised documents. - Due Diligence Vendor-09/17/2025 Ready for Review-The difference in unit counts between Condo Cert and Appraisal for completed, units for sale, sold, rented, occupied, etc is not a material eligibility issue. Two possible explanations exist: 1. Project Phase Reporting: It is common for appraisers to reflect the unit count of the specific legal phase or sub-association in which the subject is located, rather than the master association. XXXX acknowledges this, where lenders are required to evaluate the subject’s phase and, if applicable, the master project. 2. Appraiser Limitation: Appraisers often rely on public records or limited HOA input, which may not always align with official HOA data. In these cases, lenders are expected to rely on the HOA/condo questionnaire as the authoritative source of project information when conducting project eligibility reviews. Whether the appraisal unit count reflects a sub-phase or is simply inaccurate, it does not impact loan eligibility, especially on a limited review. We appropriately based the project review on the HOA-provided questionnaire (XXX units), which is the required source of truth under XXXX guidance. Therefore, the discrepancy does not rise to a material defect. - Seller-09/15/2025 Open-Provide the Appraisal and Condo Questionnaire with the information on both matching. - Due Diligence Vendor-08/19/2025 |
Ready for Review-Document Uploaded. Revised appraisal uploaded - Seller-09/18/2025 Ready for Review-The difference in unit counts between Condo Cert and Appraisal for completed, units for sale, sold, rented, occupied, etc is not a material eligibility issue. Two possible explanations exist: 1. Project Phase Reporting: It is common for appraisers to reflect the unit count of the specific legal phase or sub-association in which the subject is located, rather than the master association. XXXX acknowledges this, where lenders are required to evaluate the subject’s phase and, if applicable, the master project. 2. Appraiser Limitation: Appraisers often rely on public records or limited HOA input, which may not always align with official HOA data. In these cases, lenders are expected to rely on the HOA/condo questionnaire as the authoritative source of project information when conducting project eligibility reviews. Whether the appraisal unit count reflects a sub-phase or is simply inaccurate, it does not impact loan eligibility, especially on a limited review. We appropriately based the project review on the HOA-provided questionnaire (XXXX), which is the required source of truth under XXXX guidance. Therefore, the discrepancy does not rise to a material defect. - Seller-09/15/2025 |
Resolved-Received duplicate appraisal-differences in HOA cert and appraisal are limited and no impact. - Due Diligence Vendor-09/19/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660- Borrower's FICO 722 DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR =/> 1.00 and minimum is 0.85 or Less--- Borrower's DSCR is 1.001% and min 0 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 5235757 | |
| XXXX | XXXX | 304892636 | C | B | C | B | A | A | A | A | Closed | FCRE0136 | 2025-08-19 13:26 | 2025-08-21 14:48 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Underwriter Attestation | Resolved-Received UW Attestation. - Due Diligence Vendor-08/21/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-08/19/2025 Open-Missing Underwriter Attestation - Due Diligence Vendor-08/19/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-08/19/2025 |
Resolved-Received UW Attestation. - Due Diligence Vendor-08/21/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660- Borrower's FICO 722 DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR =/> 1.00 and minimum is 0.85 or Less--- Borrower's DSCR is 1.001% and min 0 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 5235733 | |
| XXXX | XXXX | 304892636 | C | B | C | B | A | A | A | A | Closed | FCRE1441 | 2025-08-19 13:02 | 2025-08-19 14:38 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Waived-Originator exception granted to allow collection to remain open, Non-material waiver applied with comp factors. non-material due to old tradelines non title liens. - Due Diligence Vendor-08/19/2025 Open-Delinquent Credit History Does Not Meet Guideline Requirements Exception request: Seeking exception to proceeds without paying off collection accounts since they are student loans 6 yrs old and not title impacting. Confirm that these are the same as charge off accounts on credit. - Due Diligence Vendor-08/19/2025 |
Waived-Originator exception granted to allow collection to remain open, Non-material waiver applied with comp factors. non-material due to old tradelines non title liens. - Due Diligence Vendor-08/19/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660- Borrower's FICO 722 DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR =/> 1.00 and minimum is 0.85 or Less--- Borrower's DSCR is 1.001% and min 0 |
- FICO 20+ points above minimum - Mortgage history 0x30 24 months |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Originator Post-Close | Yes | 5235209 | ||
| XXXX | XXXX | 304778045 | C | B | C | B | A | A | A | A | Closed | FCRE3333 | 2025-08-20 07:16 | 2025-08-20 08:21 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Subject property was listed for sale within a time period not allowed by guidelines | Waived-Originator exception granted to allow listed property. Non-material waiver applied with comp factors. Deemed non-material due to loan has prepay penalty. - Due Diligence Vendor-08/20/2025 Open-Subject property was listed for sale within a time period not allowed per guidelines . Properties listed for sale by current owner within 3 months prior to application must be removed from listing at least one month prior to application. Subject was still listed 1 month prior to application. - Due Diligence Vendor-08/20/2025 |
Waived-Originator exception granted to allow listed property. Non-material waiver applied with comp factors. Deemed non-material due to loan has prepay penalty. - Due Diligence Vendor-08/20/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Score is 766 and minimum allowed is 700 LTV is less than guideline maximum - LTV is 60.48% and max allowed is 75% |
-Loan to Value 10% or more under requirement -Fico 20 points or more above requirement -Reserves 12+ months more than required |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 5244734 | ||
| XXXX | XXXX | 304817032 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 304817006 | D | A | A | A | A | A | D | A | Closed | FPRO1253 | 2025-08-26 09:29 | 2025-08-27 16:27 | Resolved | 1 - Information | D | A | Property | Missing Doc | Secondary Valuation or Additional Valuation has not been entered per securitization requirements | Resolved-Received secondary valuation. - Due Diligence Vendor-08/27/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-08/26/2025 Open-missing secondary valuation - Due Diligence Vendor-08/26/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-08/26/2025 |
Resolved-Received secondary valuation. - Due Diligence Vendor-08/27/2025 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Min DSCR is .75, borrowers DSCR is 1.002 Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 660, borrowers mid score is 706 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 5315831 | |
| XXXX | XXXX | 304817035 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 304813411 | C | A | C | A | A | A | A | A | Closed | FCRE9501 | 2025-08-20 14:06 | 2025-08-28 11:39 | Resolved | 1 - Information | C | A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Received final settlement statement for refi of another REO-supporting funds for closing and reserves. - Due Diligence Vendor-08/28/2025 Ready for Review-Document Uploaded. Please see the attached final CD from the refinance to source the required cash to close. - Seller-08/26/2025 Open-Total Qualified Assets Post-Close amount is '$XXXX'. Assets are Insufficient. No assets were noted. Please note that assets are not yet finalized. Additional information and/or documentation may be required. - Due Diligence Vendor-08/20/2025 |
Ready for Review-Document Uploaded. Please see the attached final CD from the refinance to source the required cash to close. - Seller-08/26/2025 |
Resolved-Received final settlement statement for refi of another REO-supporting funds for closing and reserves. - Due Diligence Vendor-08/28/2025 |
DSCR =/> 1.00 and minimum is 0.85 or Less - 1.179 Qualifying FICO score is at least 20 points above minimum for program - 740 vs. min. FICO 660 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 5253071 | |
| XXXX | XXXX | 304819835 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 304825212 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 304825200 | C | B | C | A | A | A | C | B | Closed | FVAL5524 | 2025-09-04 14:13 | 2025-09-17 13:27 | Resolved | 1 - Information | C | A | Credit | Eligibility | Ineligible Property | Resolved-Per the guidelines, properties less than 500 square feet are ineligible, subject is a 2 unit property with a total square footage of XXXX. property meets guideline requirement. - Due Diligence Vendor-09/17/2025 Ready for Review-Disagree, not a valid finding due to Guideline does not state a “portion of the property” cannot be less than 500 square feet of living space, however guide does not allow for the “Property” and the subject property has a total of 1089 square feet of living area. - Seller-09/13/2025 Counter-Guidelines state properties with less than 500 square feet of living space. Unit two has < 500 square fee of living space. - Due Diligence Vendor-09/08/2025 Ready for Review-We respectfully disagree. The DSCR guidelines indicate properties less than 500 sq. ft., not each unit; the total living space for the property is over 500 sq ft. - Seller-09/04/2025 Open-Second unit only 474 sq ft does not meet the 500 sq ft requirement. - Due Diligence Vendor-09/04/2025 |
Ready for Review-Disagree, not a valid finding due to Guideline does not state a “portion of the property” cannot be less than 500 square feet of living space, however guide does not allow for the “Property” and the subject property has a total of XXXX square feet of living area. - Seller-09/13/2025 Ready for Review-We respectfully disagree. The DSCR guidelines indicate properties less than 500 sq. ft., not each unit; the total living space for the property is over 500 sq ft. - Seller-09/04/2025 |
Resolved-Per the guidelines, properties less than 500 square feet are ineligible, subject is a 2 unit property with a total square footage of 1,089. property meets guideline requirement. - Due Diligence Vendor-09/17/2025 |
Months Reserves exceed minimum required - Lender minimum reserves 3m PITIA, borrower reserves 77.03m. Credit history exceeds minimum required - Lender minimum credit history 12m, borrower has credit of 0X30 going back to 2018. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 5414409 | ||
| XXXX | XXXX | 304825200 | C | B | C | A | A | A | C | B | Closed | FPRO0023 | 2025-09-04 13:09 | 2025-09-04 14:36 | Waived | 2 - Non-Material | C | B | Property | Value | Primary Appraised Value exceeds Variance to Reviewed Appraised Property Value | Waived-Originator exception granted to allow secondary valuation over 10% . Non-material waiver applied with comp factors. Deemed non-material due to lender closed loan at the lower desk review value. - Due Diligence Vendor-09/04/2025 Open-Primary Appraised Property Value To Reviewed Appraised Property Value Variance is '-26.23'. Please verify property appraisal data. Desk review and AVM both exceed 10% of appraised value. (Guides require a field review or second appraisal when AVM or enhanced desk review reflects a value more than 10% below appraised value). - Due Diligence Vendor-09/04/2025 |
Waived-Originator exception granted to allow secondary valuation over 10% . Non-material waiver applied with comp factors. Deemed non-material due to lender closed loan at the lower desk review value. - Due Diligence Vendor-09/04/2025 |
Months Reserves exceed minimum required - Lender minimum reserves 3m PITIA, borrower reserves 77.03m. Credit history exceeds minimum required - Lender minimum credit history 12m, borrower has credit of 0X30 going back to 2018. |
1. Reserves 12+m above minimum required 2. 4+ years in primary residence 3. 0X30X24 4. 24+month credit history exceeds minimum required. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 5412978 | ||
| XXXX | XXXX | 304875587 | C | A | C | A | A | A | A | A | Closed | FCRE5790 | 2025-09-11 12:58 | 2025-09-16 16:48 | 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-09/16/2025 Ready for Review-Document Uploaded. Please see attached, XXXX was missed at time of initial packet upload - Seller-09/12/2025 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). 11 days old - Due Diligence Vendor-09/11/2025 |
Ready for Review-Document Uploaded. Please see attached, XXXX was missed at time of initial packet upload - Seller-09/12/2025 |
Resolved-Received Gap Report. - Due Diligence Vendor-09/16/2025 |
Months Reserves exceed minimum required - 3 months minimum reserve requirement, borrower has 30.44 documented Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 680, borrowers mid score is 720 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 5503420 | |
| XXXX | XXXX | 304813580 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 304875593 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 304825171 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 304875592 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 304856818 | D | A | A | A | A | A | D | A | Closed | FPRO1242 | 2025-10-06 09:08 | 2026-04-15 13:28 | Resolved | 1 - Information | D | A | Property | Missing Doc | Appraisal is Missing | Resolved-Received secondary valuation. - Due Diligence Vendor-10/13/2025 Ready for Review-Document Uploaded. Please see BPO valuation - Seller-10/09/2025 Open-Appraisal is Missing Missing secondary valuation. - Due Diligence Vendor-10/06/2025 |
Ready for Review-Document Uploaded. Please see BPO valuation - Seller-10/09/2025 |
Resolved-Received secondary valuation. - Due Diligence Vendor-10/13/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO 720, Bwr FICO 801 Months Reserves exceed minimum required - 64 mths reserves; 6 mths required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5781285 | |
| XXXX | XXXX | 304856807 | C | A | C | A | A | A | A | A | Closed | FCRE1160 | 2025-10-03 13:27 | 2025-10-13 14:16 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard Insurance Expiration Date is before the Note Date | Resolved-Received policy with the corrected expiration date. - Due Diligence Vendor-10/13/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/09/2025 Open-Hazard Insurance Expiration Date of XXXX is prior to or equal to the Note Date of XXXX Provide insurance statement with accurate to and from dates. Current dates on statement in file show XXXX - XXXX. - Due Diligence Vendor-10/03/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-10/09/2025 |
Resolved-Received policy with the corrected expiration date. - Due Diligence Vendor-10/13/2025 |
Months Reserves exceed minimum required - Lender minimum reserves 6m PITIA, borrower reserves 65.54m. Qualifying FICO score is at least 20 points above minimum for program - Lender minimum FICO 720, borrower FICO 801 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5769437 | |
| XXXX | XXXX | 304875606 | D | B | D | B | A | A | A | A | Closed | FCRE1442 | 2025-10-09 21:25 | 2025-11-19 14:21 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 1 Expired | Resolved-Received updated bank statement. - Due Diligence Vendor-11/19/2025 Ready for Review-Document Uploaded. Please see Updated with XXXX Verified assets XXXX - Seller-11/18/2025 Counter-Employment/Income guidelines provided. Per 12.1 of the guidelines Asset Documents/bank Statement may not be more than 120 days old at closing, the date the Note is signed. - Due Diligence Vendor-10/14/2025 Ready for Review-Document Uploaded. please see attached NON QM guide for business assets: Business assets docs are to be dated within 30 days of the application date XXXX, XXXX acct XXXX is dated XXXX - Seller-10/10/2025 Open-Asset 1 Expired Bank statements are over 120 days from closing which exceeds the max. allowed per guidelines. - Due Diligence Vendor-10/10/2025 |
Ready for Review-Document Uploaded. Please see Updated with XXXX Verified assets XXXX - Seller-11/18/2025 Ready for Review-Document Uploaded. please see attached NON QM guide for business assets: Business assets docs are to be dated within 30 days of the application date XXXX, XXXX acct XXXX is dated XXXX - Seller-10/10/2025 |
Resolved-Received updated bank statement. - Due Diligence Vendor-11/19/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 747 which exceeds the minimum of 680 On time mortgage history exceeds guideline requirement - Credit report reflects on time mortgage history for last 71 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5846613 | |
| XXXX | XXXX | 304875606 | D | B | D | B | A | A | A | A | Closed | FPRO1255 | 2025-10-09 20:43 | 2025-10-20 14:30 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Resolved-Received HOA questionnaire. - Due Diligence Vendor-10/20/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/17/2025 Counter-Condo Documentation provided, please provide the HOA questionnaire. - Due Diligence Vendor-10/14/2025 Ready for Review-Document Uploaded. Please see attached HOA docs - Seller-10/10/2025 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. Missing condo questionnaire for subject property. - Due Diligence Vendor-10/10/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-10/17/2025 Ready for Review-Document Uploaded. Please see attached HOA docs - Seller-10/10/2025 |
Resolved-Received HOA questionnaire. - Due Diligence Vendor-10/20/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 747 which exceeds the minimum of 680 On time mortgage history exceeds guideline requirement - Credit report reflects on time mortgage history for last 71 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5846454 | |
| XXXX | XXXX | 304875606 | D | B | D | B | A | A | A | A | Closed | FCRE7497 | 2025-10-10 13:54 | 2025-10-14 14:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received Final CD's - Due Diligence Vendor-10/14/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/10/2025 Open-Missing final CD from all new XXXX loans showing on 1003 REO other than subject property. - Due Diligence Vendor-10/10/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-10/10/2025 |
Resolved-Received Final CD's - Due Diligence Vendor-10/14/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 747 which exceeds the minimum of 680 On time mortgage history exceeds guideline requirement - Credit report reflects on time mortgage history for last 71 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5858168 | |
| XXXX | XXXX | 304875606 | D | B | D | B | A | A | A | A | Closed | FCRE0108 | 2025-10-09 20:52 | 2025-10-14 14:22 | Waived | 2 - Non-Material | C | B | Credit | Insurance | Fidelity Coverage not met | Waived-Originator provided a waiver for insufficient Fidelity Coverage, applied to non material finding with comp factors - Due Diligence Vendor-10/14/2025 Ready for Review-Document Uploaded. Please see the attached exception allow XXXX coverage used to final approve and close the loan - Seller-10/10/2025 Open-Fidelity Coverage not met. Insufficient fidelity "Fidelity Coverage not met. Per XXXX requirements for projects consisting of more than 20 units, fidelity insurance coverage equaling at least the sum of three months of assessments on all units in the project is required. XXXX required vs XXXX existing Fidelity coverage. (per exception in other file for this same borrower, exception missing for this file)" - Due Diligence Vendor-10/10/2025 |
Ready for Review-Document Uploaded. Please see the attached exception allow XXXX coverage used to final approve and close the loan - Seller-10/10/2025 |
Waived-Originator provided a waiver for insufficient Fidelity Coverage, applied to non material finding with comp factors - Due Diligence Vendor-10/14/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 747 which exceeds the minimum of 680 On time mortgage history exceeds guideline requirement - Credit report reflects on time mortgage history for last 71 months |
Reserves 3+ months above minimum required 5+ years verified employment history exceeds guidelines |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 5846493 |
| XXXX | XXXX | 304875608 | D | B | D | B | A | A | A | A | Closed | FCRE1442 | 2025-10-08 09:36 | 2025-11-19 13:53 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 1 Expired | Resolved-Received updated bank statements - Due Diligence Vendor-11/19/2025 Ready for Review-Document Uploaded. Please see Updated with XXXX Verified assets XXXX - Seller-11/18/2025 Counter-Employment/Income guidelines provided. Per 12.1 of the guidelines Asset Documents/bank Statement may not be more than 120 days old at closing, the date the Note is signed. - Due Diligence Vendor-10/14/2025 Ready for Review-Document Uploaded. Please see attached NON QM guide for business assets: Business assets docs are to be dated within 30 days of the application date XXXX, XXXX acct XXXX is dated XXXX - Seller-10/10/2025 Open-Asset 1 Expired Bank statement are 122 days from note date - Due Diligence Vendor-10/08/2025 |
Ready for Review-Document Uploaded. Please see Updated with XXXX Verified assets XXXX - Seller-11/18/2025 Ready for Review-Document Uploaded. Please see attached NON QM guide for business assets: Business assets docs are to be dated within 30 days of the application date XXXX, XXXX acct XXXX is dated XXXX - Seller-10/10/2025 |
Resolved-Received updated bank statements - Due Diligence Vendor-11/19/2025 |
On time mortgage history exceeds guideline requirement - Credit report reflects on time mortgage history for last 71 months Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 747 which exceeds the minimum of 700 Verified employment history exceeds guidelines - 25+ years same business Months Reserves exceed minimum required - 127 months > 3 required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5818326 | |
| XXXX | XXXX | 304875608 | D | B | D | B | A | A | A | A | Closed | FPRO1255 | 2025-10-08 09:07 | 2025-10-17 12:52 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Resolved-Received HOA questionnaire. - Due Diligence Vendor-10/17/2025 Ready for Review-Document Uploaded. See attached - Seller-10/16/2025 Counter-Received Condo Documentation, however we are missing the Questionnaire. - Due Diligence Vendor-10/14/2025 Ready for Review-Document Uploaded. Please see attached HOA docs - Seller-10/10/2025 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. Missing condo questionnaire for subject project. Must meet guidelines - Due Diligence Vendor-10/08/2025 |
Ready for Review-Document Uploaded. See attached - Seller-10/16/2025 Ready for Review-Document Uploaded. Please see attached HOA docs - Seller-10/10/2025 |
Resolved-Received HOA questionnaire. - Due Diligence Vendor-10/17/2025 |
On time mortgage history exceeds guideline requirement - Credit report reflects on time mortgage history for last 71 months Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 747 which exceeds the minimum of 700 Verified employment history exceeds guidelines - 25+ years same business Months Reserves exceed minimum required - 127 months > 3 required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5817838 | |
| XXXX | XXXX | 304875608 | D | B | D | B | A | A | A | A | Closed | FCRE0108 | 2025-10-08 13:34 | 2025-10-14 14:17 | Waived | 2 - Non-Material | C | B | Credit | Insurance | Fidelity Coverage not met | Waived-Originator provided a waiver for insufficient Fidelity Coverage, applied to non material finding with comp factors - Due Diligence Vendor-10/14/2025 Ready for Review-Document Uploaded. Please see the attached exception allow XXXX coverage used to final approve and close the loan - Seller-10/10/2025 Open-Fidelity Coverage not met. Per XXXX requirements for projects consisting of more than 20 units, fidelity insurance coverage equaling at least the sum of three months of assessments on all units in the project is required. XXXX required vsXXXX existing Fidelity coverage. (per exception in other file for this same borrower, exception missing for this file)-Project has XXXX in reserves for XXXX budget - Due Diligence Vendor-10/09/2025 |
Ready for Review-Document Uploaded. Please see the attached exception allow XXXX coverage used to final approve and close the loan - Seller-10/10/2025 |
Waived-Originator provided a waiver for insufficient Fidelity Coverage, applied to non material finding with comp factors - Due Diligence Vendor-10/14/2025 |
On time mortgage history exceeds guideline requirement - Credit report reflects on time mortgage history for last 71 months Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 747 which exceeds the minimum of 700 Verified employment history exceeds guidelines - 25+ years same business Months Reserves exceed minimum required - 127 months > 3 required |
Reserves 3+ months above minimum required 5+ years verified employment history exceeds guidelines |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 5824086 |
| XXXX | XXXX | 304875607 | D | B | D | B | A | A | D | A | Closed | FCRE1442 | 2025-10-09 23:11 | 2025-11-19 14:23 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 1 Expired | Resolved-Received updated bank statement. - Due Diligence Vendor-11/19/2025 Ready for Review-Document Uploaded. Please see Updated with XXXX Verified assets XXXX - Seller-11/18/2025 Counter-Employment/Income guidelines provided. Per 12.1 of the guidelines Asset Documents/bank Statement may not be more than 120 days old at closing, the date the Note is signed. - Due Diligence Vendor-10/14/2025 Ready for Review-Document Uploaded. please see attached NON QM guide for business assets: Business assets docs are to be dated within 30 days of the application date XXXX, XXXX acct XXXX is dated XXXX - Seller-10/10/2025 Open-Asset 1 Expired Bank statements are over 120 days from note which exceeds the max. allowed per guidelines. - Due Diligence Vendor-10/10/2025 |
Ready for Review-Document Uploaded. Please see Updated with XXXX Verified assets XXXX - Seller-11/18/2025 Ready for Review-Document Uploaded. please see attached NON QM guide for business assets: Business assets docs are to be dated within 30 days of the application date XXXX, XXXX acct XXXX is dated XXXX - Seller-10/10/2025 |
Resolved-Received updated bank statement. - Due Diligence Vendor-11/19/2025 |
Months Reserves exceed minimum required - 108 months > 3 required Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 747 which exceeds the minimum of 680 Verified employment history exceeds guidelines - 20+ years verified On time mortgage history exceeds guideline requirement - Credit report reflects on time mortgage history for last 71 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5847441 | |
| XXXX | XXXX | 304875607 | D | B | D | B | A | A | D | A | Closed | FCRE7497 | 2025-10-10 13:55 | 2025-10-23 14:33 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Upon further review, we are able to reconcile the CD's. - Due Diligence Vendor-10/23/2025 Ready for Review-please escalate this last request for manager review. thank you - Seller-10/21/2025 Counter-For clarification-missing unit numbers for 2 cds XXXX - Due Diligence Vendor-10/20/2025 Ready for Review-please clear, per your comments Received Final CD's - Seller-10/17/2025 Counter-Received Final CD's - Due Diligence Vendor-10/14/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/10/2025 Open-Missing final CD from all new XXXX loans showing on 1003 REO other than subject property. - Due Diligence Vendor-10/10/2025 |
Ready for Review-please escalate this last request for manager review. thank you - Seller-10/21/2025 Ready for Review-please clear, per your comments Received Final CD's - Seller-10/17/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/10/2025 |
Resolved-Upon further review, we are able to reconcile the CD's. - Due Diligence Vendor-10/23/2025 |
Months Reserves exceed minimum required - 108 months > 3 required Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 747 which exceeds the minimum of 680 Verified employment history exceeds guidelines - 20+ years verified On time mortgage history exceeds guideline requirement - Credit report reflects on time mortgage history for last 71 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5858185 | |
| XXXX | XXXX | 304875607 | D | B | D | B | A | A | D | A | Closed | FPRO1255 | 2025-10-09 22:40 | 2025-10-20 14:11 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Resolved-Received HOA questionnaire. - Due Diligence Vendor-10/20/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/17/2025 Counter-Condo Documentation provided, please provide the HOA questionnaire. - Due Diligence Vendor-10/14/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/10/2025 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. Missing condo questionnaire for subject project. - Due Diligence Vendor-10/10/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-10/17/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/10/2025 |
Resolved-Received HOA questionnaire. - Due Diligence Vendor-10/20/2025 |
Months Reserves exceed minimum required - 108 months > 3 required Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 747 which exceeds the minimum of 680 Verified employment history exceeds guidelines - 20+ years verified On time mortgage history exceeds guideline requirement - Credit report reflects on time mortgage history for last 71 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5847281 | |
| XXXX | XXXX | 304875607 | D | B | D | B | A | A | D | A | Closed | FPRO1242 | 2025-10-09 22:40 | 2025-10-20 14:09 | Resolved | 1 - Information | D | A | Property | Missing Doc | Appraisal is Missing | Resolved-Received appraisal. - Due Diligence Vendor-10/20/2025 Ready for Review-Document Uploaded. - Seller-10/17/2025 Counter-Appraisal for XXXX provided, please provide the Appraisal for the subject. - Due Diligence Vendor-10/14/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/10/2025 Open-Appraisal is Missing Missing appraisal report for subject property. - Due Diligence Vendor-10/10/2025 |
Ready for Review-Document Uploaded. - Seller-10/17/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/10/2025 |
Resolved-Received appraisal. - Due Diligence Vendor-10/20/2025 |
Months Reserves exceed minimum required - 108 months > 3 required Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 747 which exceeds the minimum of 680 Verified employment history exceeds guidelines - 20+ years verified On time mortgage history exceeds guideline requirement - Credit report reflects on time mortgage history for last 71 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5847280 | |
| XXXX | XXXX | 304875607 | D | B | D | B | A | A | D | A | Closed | FCRE0108 | 2025-10-09 22:47 | 2025-10-10 09:13 | Waived | 2 - Non-Material | C | B | Credit | Insurance | Fidelity Coverage not met | Waived-Originator exception granted to allow short fidelity coverage . Non-material waiver applied with comp factors. Deemed non-material due to over $XXXX in reserves allocated in budget. - Due Diligence Vendor-10/10/2025 Open-Fidelity Coverage not met. Fidelity insurance coverage equaling at least the sum of three months of assessments on all units in the project is required. XXXX required vs XXXX existing Fidelity coverage. - Due Diligence Vendor-10/10/2025 |
Waived-Originator exception granted to allow short fidelity coverage . Non-material waiver applied with comp factors. Deemed non-material due to over $XXXX in reserves allocated in budget. - Due Diligence Vendor-10/10/2025 |
Months Reserves exceed minimum required - 108 months > 3 required Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 747 which exceeds the minimum of 680 Verified employment history exceeds guidelines - 20+ years verified On time mortgage history exceeds guideline requirement - Credit report reflects on time mortgage history for last 71 months |
Reserves 3+ months over required Employment verified 5+ years |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | 5847291 | ||
| XXXX | XXXX | 304875609 | D | B | D | B | A | A | A | A | Closed | FCRE1442 | 2025-10-09 08:52 | 2025-11-19 14:17 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 1 Expired | Resolved-Received updated bank statement. - Due Diligence Vendor-11/19/2025 Ready for Review-Document Uploaded. Please see Updated with XXXX Verified assets XXXX - Seller-11/18/2025 Counter-Employment/Income guidelines provided. Per 12.1 of the guidelines Asset Documents/bank Statement may not be more than 120 days old at closing, the date the Note is signed. - Due Diligence Vendor-10/14/2025 Ready for Review-Document Uploaded. Please see attached NON QM guide for business assets: Business assets docs are to be dated within 30 days of the application date XXXX, XXXX acct XXXX is dated XXXX - Seller-10/10/2025 Open-Asset 1 Expired Bank statements are 122 days old - Due Diligence Vendor-10/09/2025 |
Ready for Review-Document Uploaded. Please see Updated with XXXX XXXX Verified assets XXXX - Seller-11/18/2025 Ready for Review-Document Uploaded. Please see attached NON QM guide for business assets: Business assets docs are to be dated within 30 days of the application date XXXX, XXXX acct XXXX is dated XXXX - Seller-10/10/2025 |
Resolved-Received updated bank statement. - Due Diligence Vendor-11/19/2025 |
Verified employment history exceeds guidelines - 20+ years verified On time mortgage history exceeds guideline requirement - Credit report reflects on time mortgage history for last 71 months Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 747 which exceeds the minimum of 680 Months Reserves exceed minimum required - 117 months > 3 required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5834651 | |
| XXXX | XXXX | 304875609 | D | B | D | B | A | A | A | A | Closed | FPRO1255 | 2025-10-09 08:19 | 2025-10-20 13:59 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Resolved-Received HOA questionnaire. - Due Diligence Vendor-10/20/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/17/2025 Counter-Received HOA documentation. Please provide the HOA questionnaire. - Due Diligence Vendor-10/14/2025 Ready for Review-Document Uploaded. Pleased see attached - Seller-10/10/2025 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. Missing condo questionnaire for subject project - Due Diligence Vendor-10/09/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-10/17/2025 Ready for Review-Document Uploaded. Pleased see attached - Seller-10/10/2025 |
Resolved-Received HOA questionnaire. - Due Diligence Vendor-10/20/2025 |
Verified employment history exceeds guidelines - 20+ years verified On time mortgage history exceeds guideline requirement - Credit report reflects on time mortgage history for last 71 months Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 747 which exceeds the minimum of 680 Months Reserves exceed minimum required - 117 months > 3 required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5834262 | |
| XXXX | XXXX | 304875609 | D | B | D | B | A | A | A | A | Closed | FCRE7497 | 2025-10-10 14:00 | 2025-10-14 15:13 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received Final CD's - Due Diligence Vendor-10/14/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/10/2025 Open-Missing final CD from all new XXXX loans showing on 1003 REO other than subject property. - Due Diligence Vendor-10/10/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-10/10/2025 |
Resolved-Received Final CD's - Due Diligence Vendor-10/14/2025 |
Verified employment history exceeds guidelines - 20+ years verified On time mortgage history exceeds guideline requirement - Credit report reflects on time mortgage history for last 71 months Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 747 which exceeds the minimum of 680 Months Reserves exceed minimum required - 117 months > 3 required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5858307 | |
| XXXX | XXXX | 304875609 | D | B | D | B | A | A | A | A | Closed | FCRE0108 | 2025-10-09 08:33 | 2025-10-14 15:11 | Waived | 2 - Non-Material | C | B | Credit | Insurance | Fidelity Coverage not met | Waived-Originator provided a waiver for insufficient Fidelity Coverage, applied to non material finding with comp factors - Due Diligence Vendor-10/14/2025 Ready for Review-Document Uploaded. Please see the attached exception used to final approve and close the loan - Seller-10/10/2025 Open-Fidelity Coverage not met. Fidelity insurance coverage equaling at least the sum of three months of assessments on all units in the project is required. XXXX required vs XXXX existing Fidelity coverage. Over XXXX projected for reserves in XXXX budget (per exception in other file for this same borrower, exception missing for this file)" - Due Diligence Vendor-10/09/2025 |
Ready for Review-Document Uploaded. Please see the attached exception used to final approve and close the loan - Seller-10/10/2025 |
Waived-Originator provided a waiver for insufficient Fidelity Coverage, applied to non material finding with comp factors - Due Diligence Vendor-10/14/2025 |
Verified employment history exceeds guidelines - 20+ years verified On time mortgage history exceeds guideline requirement - Credit report reflects on time mortgage history for last 71 months Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 747 which exceeds the minimum of 680 Months Reserves exceed minimum required - 117 months > 3 required |
Reserves 3+ months above minimum required 5+ years verified employment history exceeds guidelines |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 5834416 |
| XXXX | XXXX | 304856825 | D | A | D | A | A | A | D | A | Closed | FPRO1242 | 2025-10-08 13:18 | 2026-04-15 11:34 | Resolved | 1 - Information | D | A | Property | Missing Doc | Appraisal is Missing | Resolved-Received the complete appraisal. - Due Diligence Vendor-10/16/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/13/2025 Open-Appraisal is Missing - Due Diligence Vendor-10/08/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-10/13/2025 |
Resolved-Received the complete appraisal. - Due Diligence Vendor-10/16/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 660, borrowers mid score is 749 Months Reserves exceed minimum required - 6 month reserves required, borrower has 440.52 documented |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5823797 | |
| XXXX | XXXX | 304856825 | D | A | D | A | A | A | D | A | Closed | FCRE1118 | 2025-10-07 13:19 | 2025-11-10 14:50 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Deed of Trust Signature does not match Note | Resolved-The name of the borrower on the note and the mortgage do not have to match. - Due Diligence Vendor-11/10/2025 Ready for Review-We respectfully disagree. A Note revision is not required to add the borrower's middle initial as it is reflected on their AKA. - Seller-11/07/2025 Open-Borrower 1 Signature does not match Note Borr 1 signature does not match NOTE - Mortgage reflects borrower's middle initial. Note does not. - Due Diligence Vendor-10/08/2025 |
Ready for Review-We respectfully disagree. A Note revision is not required to add the borrower's middle initial as it is reflected on their AKA. - Seller-11/07/2025 |
Resolved-The name of the borrower on the note and the mortgage do not have to match. - Due Diligence Vendor-11/10/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 660, borrowers mid score is 749 Months Reserves exceed minimum required - 6 month reserves required, borrower has 440.52 documented |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5807355 | ||
| XXXX | XXXX | 304856825 | D | A | D | A | A | A | D | A | Closed | FCRE1193 | 2025-10-22 17:17 | 2025-10-30 14:47 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-REO negative income was updated and cleared the DTI. - Due Diligence Vendor-10/30/2025 Open-Audited DTI of 224.5% exceeds Guideline DTI of 50% **New** based on the REO documents received the borrowers DTI is 224.50% which exceeds the maximum allowed of 50%. - Due Diligence Vendor-10/22/2025 |
Resolved-REO negative income was updated and cleared the DTI. - Due Diligence Vendor-10/30/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 660, borrowers mid score is 749 Months Reserves exceed minimum required - 6 month reserves required, borrower has 440.52 documented |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5979231 | |||
| XXXX | XXXX | 304856825 | D | A | D | A | A | A | D | A | Closed | FCRE7497 | 2025-10-09 07:22 | 2025-10-16 17:10 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received all required documentation for all investment properties owned. - Due Diligence Vendor-10/16/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/13/2025 Open-Missing PITIA for 3c-3ap - Due Diligence Vendor-10/09/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-10/13/2025 |
Resolved-Received all required documentation for all investment properties owned. - Due Diligence Vendor-10/16/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 660, borrowers mid score is 749 Months Reserves exceed minimum required - 6 month reserves required, borrower has 440.52 documented |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5833709 | |
| XXXX | XXXX | 304856825 | D | A | D | A | A | A | D | A | Closed | FCRE0177 | 2025-10-09 09:21 | 2025-10-16 16:32 | Resolved | 1 - Information | D | A | Credit | Eligibility | Missing Third Party Market Rent Source | Resolved-All required documentation provided for all rental properties. - Due Diligence Vendor-10/16/2025 Ready for Review-Finding comments indicate "Not required. Not using rental income. not a DSCR". Please clarify if this is a valid finding or not. - Seller-10/13/2025 Open-Missing Third Party Market Rent Source Not required. Not using rental income. not a DSCR - Due Diligence Vendor-10/09/2025 |
Ready for Review-Finding comments indicate "Not required. Not using rental income. not a DSCR". Please clarify if this is a valid finding or not. - Seller-10/13/2025 |
Resolved-All required documentation provided for all rental properties. - Due Diligence Vendor-10/16/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 660, borrowers mid score is 749 Months Reserves exceed minimum required - 6 month reserves required, borrower has 440.52 documented |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5835178 | ||
| XXXX | XXXX | 304856822 | D | A | C | A | A | A | D | A | Closed | FCRE1510 | 2025-10-23 10:09 | 2025-11-03 14:56 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-11/03/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/30/2025 Counter-Received security instrument--missing legal description Exhibit A within chain. - Due Diligence Vendor-10/30/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/28/2025 Counter-Received signature pages and notary-missing legal description Exhibit A within chain. - Due Diligence Vendor-10/28/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/27/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. DOT is missing signature page as well as legal description - Due Diligence Vendor-10/23/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-10/30/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/28/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/27/2025 |
Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-11/03/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 680, borrowers mid score is 749 LTV is less than guideline maximum - Max LTV is 80%, borrowers LTV is 75% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5987270 | |
| XXXX | XXXX | 304856822 | D | A | C | A | A | A | D | A | Closed | FPRO1242 | 2025-10-23 10:32 | 2025-10-29 08:51 | Resolved | 1 - Information | D | A | Property | Missing Doc | Appraisal is Missing | Resolved-Received appraisal - Due Diligence Vendor-10/29/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/27/2025 Open-Appraisal is Missing No Appraisal in uploaded documents - Due Diligence Vendor-10/23/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-10/27/2025 |
Resolved-Received appraisal - Due Diligence Vendor-10/29/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 680, borrowers mid score is 749 LTV is less than guideline maximum - Max LTV is 80%, borrowers LTV is 75% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 5987715 | |
| XXXX | XXXX | 304875615 | D | A | D | A | A | A | D | A | Closed | FCRE1152 | 2025-10-24 08:03 | 2025-11-13 12:32 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Tax calculation provided. - Due Diligence Vendor-11/13/2025 Ready for Review-Please note that this property is new construction and the Total Tax Rate for the area was used to determine the property tax payment. Payment was calculated using the Tax Rate (XXXX) X the Purchase Price (XXXX) = XXXX. Please clear this item since the Tax amount was calculated using the correct Tax Rate for the area. - Seller-11/12/2025 Counter-Review does not have property tax cert nor calculations for subject property. Please provide. - Due Diligence Vendor-11/11/2025 Ready for Review-UW tax calculator was previously provided. Please see uploaded documents. - Seller-11/07/2025 Counter-Property Detail Report does not reflect the taxes. Please provide the UW tax calculation. - Due Diligence Vendor-11/07/2025 Ready for Review-Document Uploaded. Please see attached property profile to explain the reason the UW used the previously attached tax rate calculation. - Seller-11/05/2025 Counter-Received property tax cert for XXXX-provide for subject property. - Due Diligence Vendor-10/29/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/27/2025 Open-Missing Evidence of Property Tax Title indicates taxes for the entire plat, no tax cert in file - Due Diligence Vendor-10/24/2025 |
Ready for Review-Please note that this property is new construction and the Total Tax Rate for the area was used to determine the property tax payment. Payment was calculated using the Tax Rate (XXXX) X the Purchase Price (XXXX) = XXXX. Please clear this item since the Tax amount was calculated using the correct Tax Rate for the area. - Seller-11/12/2025 Ready for Review-UW tax calculator was previously provided. Please see uploaded documents. - Seller-11/07/2025 Ready for Review-Document Uploaded. Please see attached property profile to explain the reason the UW used the previously attached tax rate calculation. - Seller-11/05/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/27/2025 |
Resolved-Tax calculation provided. - Due Diligence Vendor-11/13/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 680, borrowers mid score is 749 LTV is less than guideline maximum - Max LTV is 80%, borrowers LTV is 75% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6001883 | |
| XXXX | XXXX | 304875615 | D | A | D | A | A | A | D | A | Closed | FPRO1242 | 2025-10-24 08:05 | 2025-10-29 14:54 | Resolved | 1 - Information | D | A | Property | Missing Doc | Appraisal is Missing | Resolved-Received appraisal - Due Diligence Vendor-10/29/2025 Ready for Review-Please see attached. - Seller-10/27/2025 Open-Appraisal is Missing Not found in upload - Due Diligence Vendor-10/24/2025 |
Ready for Review-Please see attached. - Seller-10/27/2025 |
Resolved-Received appraisal - Due Diligence Vendor-10/29/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 680, borrowers mid score is 749 LTV is less than guideline maximum - Max LTV is 80%, borrowers LTV is 75% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6001908 | |
| XXXX | XXXX | 304875615 | D | A | D | A | A | A | D | A | Closed | FCRE1510 | 2025-10-24 07:56 | 2025-10-29 14:44 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-10/29/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/27/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing all pages of DOT and Legal Description - Due Diligence Vendor-10/24/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-10/27/2025 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-10/29/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 680, borrowers mid score is 749 LTV is less than guideline maximum - Max LTV is 80%, borrowers LTV is 75% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6001821 | |
| XXXX | XXXX | 304875614 | D | A | D | A | A | A | A | A | Closed | FCRE1152 | 2025-10-24 12:52 | 2025-10-29 14:56 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received Evidence of Property Tax - Due Diligence Vendor-10/29/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/27/2025 Open-Missing Evidence of Property Tax Taxes show on Title are for entire plat, no tax search/cert in file - Due Diligence Vendor-10/24/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-10/27/2025 |
Resolved-Received Evidence of Property Tax - Due Diligence Vendor-10/29/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 680, borrowers mid score is 749 LTV is less than guideline maximum - Max LTV is 80%, borrowers LTV is 75% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6008035 | |
| XXXX | XXXX | 304875559 | C | A | C | A | A | A | A | A | Closed | FCRE0044 | 2025-10-10 14:48 | 2025-10-15 13:40 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received LOX for credit inquiries. - Due Diligence Vendor-10/15/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/13/2025 Open-LOX for credit inquiries is missing. Missing Letter of Explanation for the inquiries. - Due Diligence Vendor-10/10/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-10/13/2025 |
Resolved-Received LOX for credit inquiries. - Due Diligence Vendor-10/15/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FiCO 700--- Borrower's FICO 745 LTV is less than guideline maximum - Max LTV 75% --- Borrower's LTV 51.47% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 5859313 | |
| XXXX | XXXX | 304875604 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 304875529 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 304875435 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 304875547 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 304875471 | D | A | D | A | A | A | A | A | Closed | FCRE6019 | 2025-10-16 06:33 | 2025-10-20 15:06 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received ITIN - Due Diligence Vendor-10/20/2025 Ready for Review-Document Uploaded. The requested document was included in the delivered loan file. Please refer to page 278 and attached herein. - Seller-10/17/2025 Open-Borrower Citizenship Documentation Is Missing Missing Citizenship documents (ITIN borrower) - Due Diligence Vendor-10/16/2025 |
Ready for Review-Document Uploaded. The requested document was included in the delivered loan file. Please refer to page 278 and attached herein. - Seller-10/17/2025 |
Resolved-Received ITIN - Due Diligence Vendor-10/20/2025 |
Months Reserves exceed minimum required - 77.45 mths reserves; 0 mths required. DSCR % greater than 1.20 - DSCR 1.384 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 5913091 | |
| XXXX | XXXX | 304875532 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 304875502 | D | A | D | A | A | A | A | A | Closed | FCRE6019 | 2025-10-17 17:19 | 2025-10-21 13:07 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received ITIN - Due Diligence Vendor-10/21/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/20/2025 Open-Borrower Citizenship Documentation Is Missing Country of origin is required. - Due Diligence Vendor-10/17/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-10/20/2025 |
Resolved-Received ITIN - Due Diligence Vendor-10/21/2025 |
Months Reserves exceed minimum required - Borrower's assets from the refinance total 24 months reserves, no reserves required. Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO score is 700 - actual FICO score is 738 DSCR % greater than 1.20 - DSCR % is 1.216, minimum required is 1.0 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 5937803 | |
| XXXX | XXXX | 304875502 | D | A | D | A | A | A | A | A | Closed | FCRE1510 | 2025-10-17 16:30 | 2025-10-21 13:04 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-10/21/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/20/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal Description missing for recording purposes. - Due Diligence Vendor-10/17/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-10/20/2025 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-10/21/2025 |
Months Reserves exceed minimum required - Borrower's assets from the refinance total 24 months reserves, no reserves required. Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO score is 700 - actual FICO score is 738 DSCR % greater than 1.20 - DSCR % is 1.216, minimum required is 1.0 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 5937012 | |
| XXXX | XXXX | 304875536 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2025-10-20 17:12 | 2025-11-07 09:40 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument. - Due Diligence Vendor-11/07/2025 Ready for Review-Document Uploaded. Please see attached DOT with 2nd witness signature. - Seller-11/05/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing 2nd witness signature required for XXXX County - Due Diligence Vendor-10/20/2025 |
Ready for Review-Document Uploaded. Please see attached DOT with 2nd witness signature. - Seller-11/05/2025 |
Resolved-Received complete security instrument. - Due Diligence Vendor-11/07/2025 |
LTV is less than guideline maximum - Lender max LTV 80%, subject LTV 65%. Qualifying DTI below maximum allowed - Lender max DTI 50%, borrower DTI 36.31% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 5951499 | |
| XXXX | XXXX | 304875536 | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2025-10-20 14:29 | 2025-10-30 14:19 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated preliminary title reflecting sufficient coverage. - Due Diligence Vendor-10/30/2025 Ready for Review-Document Uploaded. Please see attached Title commitment showing correct policy amount of XXXX. Please clear this finding. - Seller-10/28/2025 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). - Due Diligence Vendor-10/20/2025 |
Ready for Review-Document Uploaded. Please see attached Title commitment showing correct policy amount of XXXX. Please clear this finding. - Seller-10/28/2025 |
Resolved-Received updated preliminary title reflecting sufficient coverage. - Due Diligence Vendor-10/30/2025 |
LTV is less than guideline maximum - Lender max LTV 80%, subject LTV 65%. Qualifying DTI below maximum allowed - Lender max DTI 50%, borrower DTI 36.31% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 5949538 | |
| XXXX | XXXX | 304875472 | C | A | C | A | A | A | A | A | Closed | FCRE5790 | 2025-10-22 07:35 | 2025-10-27 13:46 | 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 Verification - Due Diligence Vendor-10/27/2025 Ready for Review-The DV previously uploaded included a screenshot indicating that the UDM was started on XXXX which is within 10 days of closing. Please see previously attached screenshot and final DV and clear the finding accordingly. - Seller-10/23/2025 Counter-Received Fraud Report with UDM dated XXXX-please provide updated UDM report within 10 days of closing or after. - Due Diligence Vendor-10/23/2025 Ready for Review-Document Uploaded. The Final DV delivered with the loan file had the UDM monitoring started on 1XXXX, which is within 10 days of closing. Please see attached screenshot and final DV. - Seller-10/22/2025 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). 31 days old - Due Diligence Vendor-10/22/2025 |
Ready for Review-The DV previously uploaded included a screenshot indicating that the UDM was started on XXXX, which is within 10 days of closing. Please see previously attached screenshot and final DV and clear the finding accordingly. - Seller-10/23/2025 Ready for Review-Document Uploaded. The Final DV delivered with the loan file had the UDM monitoring started on XXXX, which is within 10 days of closing. Please see attached screenshot and final DV. - Seller-10/22/2025 |
Resolved-Received Undisclosed Debt Verification - Due Diligence Vendor-10/27/2025 |
Months Reserves exceed minimum required - 6 month minimum reserve requirement, borrower has 26.55 documented Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 700, borrowers mid score is 722 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 5968493 | |
| XXXX | XXXX | 304875472 | C | A | C | A | A | A | A | A | Closed | FCRE1194 | 2025-10-22 07:51 | 2025-10-27 13:41 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Received proof of lock date after XXXX. - Due Diligence Vendor-10/27/2025 Ready for Review-Document Uploaded. Please see attached screenshot as evidence of the lock date on 9/26/2025. - Seller-10/23/2025 Counter-Received updated Matrix for consideration-please confirm lock date on or after XXXX for consideration. - Due Diligence Vendor-10/23/2025 Ready for Review-Document Uploaded. Please see attached XXXX matrix, which allows LTV of 75% C/O for NOO w/ P&L. - Seller-10/22/2025 Open-Audited LTV of 75% exceeds Guideline LTV of 70% LTV exceeds matrix limits for cash out - Due Diligence Vendor-10/22/2025 |
Ready for Review-Document Uploaded. Please see attached screenshot as evidence of the lock date on XXXX. - Seller-10/23/2025 Ready for Review-Document Uploaded. Please see attached XXXX XXXX matrix, which allows LTV of 75% C/O for NOO w/ P&L. - Seller-10/22/2025 |
Resolved-Received proof of lock date after XXXX. - Due Diligence Vendor-10/27/2025 |
Months Reserves exceed minimum required - 6 month minimum reserve requirement, borrower has 26.55 documented Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 700, borrowers mid score is 722 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 5968664 | |
| XXXX | XXXX | 304875472 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2025-10-17 15:46 | 2025-10-23 14:27 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument with signatures, Notary and witness - Due Diligence Vendor-10/23/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/22/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Signatory and Notary Page from DOT - Due Diligence Vendor-10/17/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-10/22/2025 |
Resolved-Received complete security instrument with signatures, Notary and witness - Due Diligence Vendor-10/23/2025 |
Months Reserves exceed minimum required - 6 month minimum reserve requirement, borrower has 26.55 documented Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 700, borrowers mid score is 722 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 5936192 | |
| XXXX | XXXX | 304875472 | C | A | C | A | A | A | A | A | Closed | FCRE1118 | 2025-10-17 15:48 | 2025-10-23 14:27 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Deed of Trust Signature does not match Note | Resolved-Borrower 1 Signature matches Note - Due Diligence Vendor-10/23/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/22/2025 Open-Borrower 1 Signature does not match Note Signature/Notary page is missing from the DOT - Due Diligence Vendor-10/17/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-10/22/2025 |
Resolved-Borrower 1 Signature matches Note - Due Diligence Vendor-10/23/2025 |
Months Reserves exceed minimum required - 6 month minimum reserve requirement, borrower has 26.55 documented Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 700, borrowers mid score is 722 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 5936233 | |
| XXXX | XXXX | 304875514 | D | A | D | A | A | A | A | A | Closed | FCRE5770 | 2025-10-20 15:04 | 2025-10-31 15:09 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Received credit supplement. - Due Diligence Vendor-10/31/2025 Ready for Review-Document Uploaded. Please see attached Credit Supplement for NAF. - Seller-10/30/2025 Counter-XXXX date last active is XXXX - Due Diligence Vendor-10/28/2025 Ready for Review-The credit report delivered with the loan file dated XXXX reports both XXXX and XXXX thru XXXX with no lates in the last 12 months. No additional statements are required. - Seller-10/24/2025 Counter-Received statement for XXXX XXXX reflecting XXXX payment and statement for XXXX dated XXXX showing payment made XXXX. Missing confirmation of XXXX payment. For XXXX-missing XXXX and XXXX payments made (received XXXX statement). Credit supplements or VOMs recommended. - Due Diligence Vendor-10/24/2025 Ready for Review-Document Uploaded. The requested document was included in the delivered loan file. Please refer to page 77-86 and attached herein. - Seller-10/22/2025 Counter-Received credit report-missing updated rating for both mortgages within 30 days of application date-XXXX Savings dla XXXX and XXXX dla XXXX-application date XXXX - Due Diligence Vendor-10/22/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/21/2025 Open-Borrower 1 Credit Report is Missing. MISSING - Due Diligence Vendor-10/20/2025 |
Ready for Review-Document Uploaded. Please see attached Credit Supplement for XXXX. - Seller-10/30/2025 Ready for Review-The credit report delivered with the loan file dated XXXX reports both XXXX and XXXX thru XXXX with no lates in the last 12 months. No additional statements are required. - Seller-10/24/2025 Ready for Review-Document Uploaded. The requested document was included in the delivered loan file. Please refer to page 77-86 and attached herein. - Seller-10/22/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/21/2025 |
Resolved-Received credit supplement. - Due Diligence Vendor-10/31/2025 |
LTV is less than guideline maximum - Maximum is 80% LTV - actual is 51.28% LTV Months Reserves exceed minimum required - Required 6 months PITIA reserves - actual is 121.70 months reserves |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 5950022 | |
| XXXX | XXXX | 304875514 | D | A | D | A | A | A | A | A | Closed | FCRE5771 | 2025-10-20 15:04 | 2025-10-31 15:09 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Credit Report is Missing | Resolved-Received borrower 2 Credit Report. - Due Diligence Vendor-10/22/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/21/2025 Open-Borrower 2 Credit Report is Missing. MISSING - Due Diligence Vendor-10/20/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-10/21/2025 |
Resolved-Received borrower 2 Credit Report. - Due Diligence Vendor-10/22/2025 |
LTV is less than guideline maximum - Maximum is 80% LTV - actual is 51.28% LTV Months Reserves exceed minimum required - Required 6 months PITIA reserves - actual is 121.70 months reserves |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 5950023 | |
| XXXX | XXXX | 304875514 | D | A | D | A | A | A | A | A | Closed | FCRE1197 | 2025-10-20 15:27 | 2025-10-22 14:25 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited FICO is less than Guideline FICO | Resolved-Audited FICO of 768 is greater than or equal to Guideline FICO of 700 - Due Diligence Vendor-10/22/2025 Ready for Review-The credit reports have been attached to related findings. The qualifying FICO is 768. - Seller-10/21/2025 Open-Audited FICO of is less than Guideline FICO of 700 missing credit report for both - Due Diligence Vendor-10/20/2025 |
Ready for Review-The credit reports have been attached to related findings. The qualifying FICO is 768. - Seller-10/21/2025 |
Resolved-Audited FICO of 768 is greater than or equal to Guideline FICO of 700 - Due Diligence Vendor-10/22/2025 |
LTV is less than guideline maximum - Maximum is 80% LTV - actual is 51.28% LTV Months Reserves exceed minimum required - Required 6 months PITIA reserves - actual is 121.70 months reserves |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 5950373 | ||
| XXXX | XXXX | 304875503 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2025-10-22 11:40 | 2025-10-24 14:44 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received business purpose affidavit. - Due Diligence Vendor-10/24/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/23/2025 Open-The Business Purpose Affidavit Disclosure is Missing Missing the Business Purpose Affidavit that is required on DSCR loans. - Due Diligence Vendor-10/22/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-10/23/2025 |
Resolved-Received business purpose affidavit. - Due Diligence Vendor-10/24/2025 |
Months Reserves exceed minimum required - 3.06 months reserves; 0 months reserves required Qualifying FICO score is at least 20 points above minimum for program - Min FICO 640- Borrower's FICO 738 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 5972972 | |
| XXXX | XXXX | 304875390 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 304875486 | C | A | C | A | C | A | A | A | Closed | finding-3652 | 2025-10-24 08:47 | 2025-10-30 11:55 | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved------Received PCCD dated XXXX. Finding Resolved. - Due Diligence Vendor-10/30/2025 Ready for Review-Document Uploaded. CURE ADDED BACK TO PCCD - Seller-10/29/2025 Counter------The Lender credit for $XXXX was on the initial CD dated XXXX with the increase in fees for the appraisal. It was not on the 2nd CD dated XXXX or the final CD singed o n XXXX. We need a COC that explains why the Lender Credit was removed or a PCCD refunding this to the borrower. - Due Diligence Vendor-10/29/2025 Ready for Review-Document Uploaded. See attached, requested documents - Seller-10/28/2025 Open-This loan failed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($XXXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----Lender credit decreased from $210.00 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 $XXXX, 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-10/24/2025 |
Ready for Review-Document Uploaded. CURE ADDED BACK TO PCCD - Seller-10/29/2025 Ready for Review-Document Uploaded. See attached, requested documents - Seller-10/28/2025 |
Resolved------Received PCCD dated XXXX. Finding Resolved. - Due Diligence Vendor-10/30/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660- Borrower's FICO 727 Months Reserves exceed minimum required - 0 mths reserves req'd --- Borrower has 65.8 mths in reserves |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6002408 | |
| XXXX | XXXX | 304875486 | C | A | C | A | C | A | A | A | Closed | FCRE1510 | 2025-10-24 09:11 | 2025-10-29 13:55 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-10/29/2025 Ready for Review-Document Uploaded. Please see attached copy - Seller-10/28/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing the subject's Legal Description from the Deed of Trust. - Due Diligence Vendor-10/24/2025 |
Ready for Review-Document Uploaded. Please see attached copy - Seller-10/28/2025 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-10/29/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660- Borrower's FICO 727 Months Reserves exceed minimum required - 0 mths reserves req'd --- Borrower has 65.8 mths in reserves |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6002712 | |
| XXXX | XXXX | 304875399 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2025-10-28 15:37 | 2025-10-31 15:32 | 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-10/31/2025 Ready for Review-Document Uploaded. Please see attached - Seller-10/29/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal Description - Due Diligence Vendor-10/28/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-10/29/2025 |
Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-10/31/2025 |
Months Reserves exceed minimum required - 18.38 mths reserves; 6 mths required. Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660, Bwr FICO 730 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 6042787 | |
| XXXX | XXXX | 304875494 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 304892619 | D | B | D | B | A | A | A | A | Closed | FCRE7347 | 2025-10-29 18:38 | 2025-11-14 16:23 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Originator confirmed income was not used. - Due Diligence Vendor-11/14/2025 Ready for Review-Document Uploaded. Please see attached exception allowing the DTI up to 51% DTI - Seller-11/13/2025 Counter-Confirmed XXXX included in theXXXX payments. REO loss is now calculating at XXXX. We are slightly over at 50.27% DTI. - Due Diligence Vendor-11/07/2025 Ready for Review-XXXX taxes and Ins are impounded, the PITIA is XXXX, not XXXX. The revised DTI is 50%. - Seller-11/05/2025 Counter-DTI is now calculating at 51.14% - XXXX total monthly income, XXXX Primary, XXXX subject loss, XXXX other REO loss and XXXX consumer debt. - Due Diligence Vendor-11/05/2025 Ready for Review-Document Uploaded. The requested documents were included in the delivered loan file. Please refer to pages 27, 1134-1146 and attached herein. - Seller-11/04/2025 Counter-Review is not able to mirror 1008 received. Negative cash flow reflects XXXX on 1008 received with total monthly debt of XXXX. Review total debtXXXX. (REO differences: XXXX -XXXX; XXXX -XXXX; XXXX -XXXX and qualifying income is the same. ) - Due Diligence Vendor-11/04/2025 Ready for Review-We respectfully disagree. The uploaded loan file already included the net Income/loss of -2711.04 in the DTI calculations. The DTI at final approval, as reflected on the 1008 delivered with the loan file, is 49.994% which includes the XXXX. - Seller-10/31/2025 Counter-Received notation subject qualified with full PITIA-ratios exceed 50.00% - Due Diligence Vendor-10/31/2025 Ready for Review-Property A was qualified with Net Income/Loss of XXXX, no rental income. - Seller-10/30/2025 Open-Property A: Provide current lease with verification of XXXX recent rent deposits. - Due Diligence Vendor-10/29/2025 |
Ready for Review-Document Uploaded. Please see attached exception allowing the DTI up to 51% DTI - Seller-11/13/2025 Ready for Review-XXXX taxes and Ins are impounded, the PITIA is XXXX, not XXXX. The revised DTI is 50%. - Seller-11/05/2025 Ready for Review-Document Uploaded. The requested documents were included in the delivered loan file. Please refer to pages 27, 1134-1146 and attached herein. - Seller-11/04/2025 Ready for Review-We respectfully disagree. The uploaded loan file already included the net Income/loss of XXXX in the DTI calculations. The DTI at final approval, as reflected on the 1008 delivered with the loan file, is 49.994% which includes theXXXX. - Seller-10/31/2025 Ready for Review-Property A was qualified with Net Income/Loss of XXXX, no rental income. - Seller-10/30/2025 |
Resolved-Originator confirmed income was not used. - Due Diligence Vendor-11/14/2025 |
Months Reserves exceed minimum required - Lender minimum reserves 3m PITIA, borrower reserves 40.65 Qualifying FICO score is at least 20 points above minimum for program - Lender minimum FICO 700, borrower FICO 752 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6060526 | |
| XXXX | XXXX | 304892619 | D | B | D | B | A | A | A | A | Closed | FCRE1193 | 2025-10-31 15:23 | 2025-11-14 16:21 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Originator provided a waiver for DTI, applied to non material finding with comp factors - Non-material < 1% variance and < 55%. - Due Diligence Vendor-11/14/2025 Ready for Review-Document Uploaded. Please see attached exception - Seller-11/13/2025 Counter-Confirmed 1XXXX included in the XXXX payments. REO loss is now calculating at XXXX. We are slightly over at 50.27% DTI. - Due Diligence Vendor-11/07/2025 Ready for Review-XXXX taxes and Ins are impounded, the PITIA is XXXX, not XXXX. The revised DTI is 50%. - Seller-11/05/2025 Counter-DTI is now calculating at 51.14% - XXXX total monthly income, XXXX Primary, XXXX subject loss, XXXX other REO loss and XXXX consumer debt. - Due Diligence Vendor-11/05/2025 Ready for Review-Document Uploaded. The requested documents were included in the delivered loan file. Please refer to pages 27, 1134-1146 and attached herein. - Seller-11/04/2025 Counter-Review is not able to mirror 1008 received. Negative cash flow reflects XXXX on 1008 received with total monthly debt of XXXX. Review total debt XXXX. (REO differences: XXXX -XXXX; XXXX -XXXX; XXXX -XXXX and qualifying income is the same. ) - Due Diligence Vendor-11/04/2025 Ready for Review-We respectfully disagree. The uploaded loan file already included the net Income/loss of XXXX in the DTI calculations. The DTI at final approval, as reflected on the 1008 delivered with the loan file, is 49.994% which includes the XXXX. - Seller-10/31/2025 Open-Audited DTI of 53.53% exceeds Guideline DTI of 50% *NEW* Received confirmation subject property qualifying with full PITIA-dti 53.53%>50.00% allowed. - Due Diligence Vendor-10/31/2025 |
Ready for Review-Document Uploaded. Please see attached exception - Seller-11/13/2025 Ready for Review-XXXX taxes and Ins are impounded, the PITIA is XXXX, not XXXX. The revised DTI is 50%. - Seller-11/05/2025 Ready for Review-Document Uploaded. The requested documents were included in the delivered loan file. Please refer to pages 27, 1134-1146 and attached herein. - Seller-11/04/2025 Ready for Review-We respectfully disagree. The uploaded loan file already included the net Income/loss of XXXX in the DTI calculations. The DTI at final approval, as reflected on the 1008 delivered with the loan file, is 49.994% which includes the XXXX. - Seller-10/31/2025 |
Waived-Originator provided a waiver for DTI, applied to non material finding with comp factors - Non-material < 1% variance and < 55%. - Due Diligence Vendor-11/14/2025 |
Months Reserves exceed minimum required - Lender minimum reserves 3m PITIA, borrower reserves 40.65 Qualifying FICO score is at least 20 points above minimum for program - Lender minimum FICO 700, borrower FICO 752 |
24+ month credit history exceeds minimum required Reserves 3+ months above minimum required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | 6087470 |
| XXXX | XXXX | 304892619 | D | B | D | B | A | A | A | A | Closed | FCRE1152 | 2025-10-29 18:29 | 2025-10-31 15:17 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received property tax billing. - Due Diligence Vendor-10/31/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/30/2025 Open-Missing Evidence of Property Tax - Due Diligence Vendor-10/29/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-10/30/2025 |
Resolved-Received property tax billing. - Due Diligence Vendor-10/31/2025 |
Months Reserves exceed minimum required - Lender minimum reserves 3m PITIA, borrower reserves 40.65 Qualifying FICO score is at least 20 points above minimum for program - Lender minimum FICO 700, borrower FICO 752 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6060432 | |
| XXXX | XXXX | 304892619 | D | B | D | B | A | A | A | A | Closed | FCRE0082 | 2025-10-29 18:29 | 2025-10-31 15:17 | Resolved | 1 - Information | C | A | Credit | Title | Vested Owner Signature Requirement Not met | Resolved-Received Deed. - Due Diligence Vendor-10/31/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-10/30/2025 Open-Vested Owner Signature Requirement Not met. Missing deed from XXXX transferring ownership to borrower and LLC - Due Diligence Vendor-10/29/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-10/30/2025 |
Resolved-Received Deed. - Due Diligence Vendor-10/31/2025 |
Months Reserves exceed minimum required - Lender minimum reserves 3m PITIA, borrower reserves 40.65 Qualifying FICO score is at least 20 points above minimum for program - Lender minimum FICO 700, borrower FICO 752 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6060433 | |
| XXXX | XXXX | 304892576 | D | A | D | A | A | A | A | A | Closed | FCRE7009 | 2025-10-30 09:55 | 2025-11-18 12:58 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Received HOI confirming 100% replacement cost. - Due Diligence Vendor-11/18/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-11/17/2025 Counter-Review concurs with Flood max of XXXX coverage. HOI-missing confirmation of replacement cost -coverage checklist or email from insurer confirming replacement coverage. - Due Diligence Vendor-11/03/2025 Ready for Review-We respectfully disagree. Flood insurance coverage does not have to match dwelling coverage. Dwelling coverage protects against perils like fire, wind, and theft as Flood coverage specifically covers damage caused by flooding. - Seller-10/30/2025 Open-Insufficient Coverage Amount for Insured Subject Property. Hazard is for XXXX and Flood is for XXXX. - Due Diligence Vendor-10/30/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-11/17/2025 Ready for Review-We respectfully disagree. Flood insurance coverage does not have to match dwelling coverage. Dwelling coverage protects against perils like fire, wind, and theft as Flood coverage specifically covers damage caused by flooding. - Seller-10/30/2025 |
Resolved-Received HOI confirming 100% replacement cost. - Due Diligence Vendor-11/18/2025 |
Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 43.81 months. Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO is 700; qualifying FICO is 743. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6066367 | |
| XXXX | XXXX | 304892576 | D | A | D | A | A | A | A | A | Closed | FCRE8887 | 2025-10-30 10:08 | 2025-11-14 07:05 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Confirmed the borrower is not on the Note for property 3A, included payment in the ratios utilizing the confirmed HOA dues and the estimated HOI payment. - Due Diligence Vendor-11/14/2025 Ready for Review-Document Uploaded. Document Uploaded. Please see attached Realtor Printout which shows the Monthly HOA of XXXX. We also note that the HOI was calculated using .35% of the Purchase Price. We note that although the HOI may not be exact, the need to verify the exact policy is not material as the DTI in this transaction is only 3.94%. The missing Dec Page has no affect on the UW Decision. Please clear this finding. - Seller-11/13/2025 Counter-Missing evidence of full TIA on Borrower's Current Primary Residence, as mortgage statement reflects not escrowed, and Insurance and HOA LOX not provided. - Due Diligence Vendor-11/03/2025 Ready for Review-Document Uploaded. The delivered loan file included the attached property profile for the XXXX. According to the mortgage statement and Note for the property in question, the borrower is not on the Note. The property was recently purchased for XXXX. Using .35% of the purchase price for the insurance is XXXX/month and the annual taxes per the property profile are XXXX/12= XXXX/month. Although the borrower is not on the Note for this mortgage, the loan was qualified with the mortgage payment and an estimated tax and insurance. Attached please find a revised 1003 and 1008 including the calculated T&I. - Seller-10/30/2025 Open-Missing evidence of full TIA on Borrower's Current Primary Residence, as mortgage statement reflects not escrowed, and Insurance and HOA LOX not provided. - Due Diligence Vendor-10/30/2025 |
Ready for Review-Document Uploaded. Document Uploaded. Please see attached Realtor Printout which shows the Monthly HOA of XXXX. We also note that the HOI was calculated using .35% of the Purchase Price. We note that although the HOI may not be exact, the need to verify the exact policy is not material as the DTI in this transaction is only 3.94%. The missing Dec Page has no affect on the UW Decision. Please clear this finding. - Seller-11/13/2025 Ready for Review-Document Uploaded. The delivered loan file included the attached property profile for the XXXX. According to the mortgage statement and Note for the property in question, the borrower is not on the Note. The property was recently purchased for XXXX. Using .35% of the purchase price for the insurance is XXXX/month and the annual taxes per the property profile are $XXXX/12= XXXX/month. Although the borrower is not on the Note for this mortgage, the loan was qualified with the mortgage payment and an estimated tax and insurance. Attached please find a revised 1003 and 1008 including the calculated T&I. - Seller-10/30/2025 |
Resolved-Confirmed the borrower is not on the Note for property 3A, included payment in the ratios utilizing the confirmed HOA dues and the estimated HOI payment. - Due Diligence Vendor-11/14/2025 |
Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 43.81 months. Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO is 700; qualifying FICO is 743. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6066603 | |
| XXXX | XXXX | 304892576 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2025-10-30 11:37 | 2025-11-13 17:49 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Confirmed the borrower is not on the Note for property 3A, included payment in the ratios utilizing the confirmed HOA dues and the estimated HOI payment. - Due Diligence Vendor-11/13/2025 Ready for Review-Document Uploaded. Please see attached Realtor Printout which shows the Monthly HOA of XXXX. We also note that the HOI was calculated using .35% of the Purchase Price. We note that although the HOI may not be exact, the need to verify the exact policy is not material as the DTI in this transaction is only 3.94%. The missing Dec Page has no affect on the UW Decision. Please clear this finding. - Seller-11/13/2025 Counter-Missing evidence of HOI and HOA for REO 3a - Due Diligence Vendor-11/03/2025 Ready for Review-Document Uploaded. The delivered loan file included the attached property profile for the XXXX. According to the mortgage statement and Note for the property in question, the borrower is not on the Note. The property was recently purchased for XXXX. Using .35% of the purchase price for the insurance isXXXX/month and the annual taxes per the property profile are XXXX/12= XXXX. Although the borrower is not on the Note for this mortgage, the loan was qualified with the mortgage payment and an estimated tax and insurance. Attached please find a revised 1003 and 1008 including the calculated T&I. - Seller-10/30/2025 Open-Missing evidence of HOI and HOA for REO 3a - Due Diligence Vendor-10/30/2025 |
Ready for Review-Document Uploaded. Please see attached Realtor Printout which shows the Monthly HOA of XXXX. We also note that the HOI was calculated using .35% of the Purchase Price. We note that although the HOI may not be exact, the need to verify the exact policy is not material as the DTI in this transaction is only 3.94%. The missing Dec Page has no affect on the UW Decision. Please clear this finding. - Seller-11/13/2025 Ready for Review-Document Uploaded. The delivered loan file included the attached property profile for the XXXX. According to the mortgage statement and Note for the property in question, the borrower is not on the Note. The property was recently purchased for $XXXX. Using .35% of the purchase price for the insurance is $XXXX/month and the annual taxes per the property profile areXXXX/12= XXXX. Although the borrower is not on the Note for this mortgage, the loan was qualified with the mortgage payment and an estimated tax and insurance. Attached please find a revised 1003 and 1008 including the calculated T&I. - Seller-10/30/2025 |
Resolved-Confirmed the borrower is not on the Note for property 3A, included payment in the ratios utilizing the confirmed HOA dues and the estimated HOI payment. - Due Diligence Vendor-11/13/2025 |
Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 43.81 months. Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO is 700; qualifying FICO is 743. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6069672 | |
| XXXX | XXXX | 304875422 | D | A | D | A | A | A | D | A | Closed | FCRE1193 | 2025-10-31 11:49 | 2026-01-08 17:21 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Short term rent was included for the REOs. - Due Diligence Vendor-01/08/2026 Counter-Unable to locate guidelines on how to calculate short term rental income on non-owner occupied properties. The Alt doc guidelines reflect short term for the subject property and departing residences; but are silent on non-owner occupied properties. - Due Diligence Vendor-01/07/2026 Counter-No new document provided. Please open upload provided for review. Unable to determine dates, source, etc of numbers provided. - Due Diligence Vendor-01/02/2026 Ready for Review-Documentation to support the rental income used for XXXX, XXXX, XXXX, XXXX, XXXX with calculation worksheets for each, the XXXX for each property, along the revised 1003 and 1008 have been previously uploaded. Please clear the finding. - Seller-12/30/2025 Counter-Received partial ledger. Unable to determine source of noted funds. - Due Diligence Vendor-12/30/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-12/29/2025 Counter-Received XXXX and revised 1003. Provide rental income calculation worksheet support rental income used for XXXX, XXXX, XXXX, XXXX - Due Diligence Vendor-12/29/2025 Ready for Review-Document Uploaded. Please see attached documentation to support rental income used for XXXX, XXXX, XXXX, XXXX along with XXXX, revised income at 50% along with revised 1003 and 1008. - Seller-12/24/2025 Counter-The system has been updated to include the rental income; the DTI is now 62.19%. The income on the 1008 is still XXXX but the borrower only owns 50% of the business so it needs to be half of that figure. - Due Diligence Vendor-12/19/2025 Ready for Review-Document Uploaded. Please see attached documentation to support rental income used for XXXX along with XXXX, STR analysis, revised 1003 and 1008. - Seller-12/18/2025 Open-Audited DTI of 69.91% exceeds Guideline DTI of 50% Lender calculated income with borrower as 100% owner of the company for which the bank statements were provided. Per the operating agreement and borrower business narrative they are 50% owners. Using lender income would lower DTI to 34% still higher than lender due to audit calculated higher REO losses than what appears on the 1008. - Due Diligence Vendor-10/31/2025 |
Ready for Review-Documentation to support the rental income used for XXXX, XXXX, XXXX, XXXX, XXXX with calculation worksheets for each, the XXXX for each property, along the revised 1003 and 1008 have been previously uploaded. Please clear the finding. - Seller-12/30/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-12/29/2025 Ready for Review-Document Uploaded. Please see attached documentation to support rental income used for XXXX, XXXX, XXXX, XXXX along with XXXX, revised income at 50% along with revised 1003 and 1008. - Seller-12/24/2025 Ready for Review-Document Uploaded. Please see attached documentation to support rental income used for XXXX along with XXXX, STR analysis, revised 1003 and 1008. - Seller-12/18/2025 |
Resolved-Short term rent was included for the REOs. - Due Diligence Vendor-01/08/2026 |
LTV is less than guideline maximum - 65% LTV, program allows to 80% Months Reserves exceed minimum required - 101 months reserves documented, 6 months required Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 688 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6084005 | |
| XXXX | XXXX | 304875422 | D | A | D | A | A | A | D | A | Closed | FCRE1506 | 2025-10-31 11:15 | 2026-01-08 17:21 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Income was resolved. - Due Diligence Vendor-01/08/2026 Counter-Pending rental income calculations. - Due Diligence Vendor-01/02/2026 Ready for Review-Documentation to support the rental income used for XXXX, XXXX, XXXX, XXXX, XXXX with calculation worksheets for each, the XXXX for each property, along the revised 1003 and 1008 have been previously uploaded. Please clear the finding. - Seller-12/30/2025 Counter-Pending rental income calculations. - Due Diligence Vendor-12/30/2025 Ready for Review-Please see attached documentation in related finding. - Seller-12/29/2025 Counter-Pending rental income calculations. - Due Diligence Vendor-12/29/2025 Ready for Review-Please see attached documentation in related finding. - Seller-12/24/2025 Counter-The system has been updated to include the rental income; the DTI is now 62.19%. The income on the 1008 is still XXXX but the borrower only owns 50% of the business so it needs to be half of that figure. - Due Diligence Vendor-12/19/2025 Ready for Review-Please see attached (in related finding) documentation to support rental income used for XXXX along with XXXX, STR analysis, revised 1003 and 1008. - Seller-12/18/2025 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. 1. Lender calculated income with borrower as 100% owner of the company for which the bank statements were provided. Per the operating agreement and borrower business narrative they are 50% owners. Using lender income would lower DTI to 34% still higher than lender due to audit calculated higher REO losses than what appears on the 1008. 2. Page 821 has an incomplete CD for the refinance of a property which is not listed on the 1003. Support for exclusion of this property is required. May need to be added to REO and DTI. - Due Diligence Vendor-10/31/2025 |
Ready for Review-Documentation to support the rental income used forXXXX, XXXX, XXXX, XXXX, XXXX with calculation worksheets for each, the XXXX for each property, along the revised 1003 and 1008 have been previously uploaded. Please clear the finding. - Seller-12/30/2025 Ready for Review-Please see attached documentation in related finding. - Seller-12/29/2025 Ready for Review-Please see attached documentation in related finding. - Seller-12/24/2025 Ready for Review-Please see attached (in related finding) documentation to support rental income used for XXXX along with XXXX, STR analysis, revised 1003 and 1008. - Seller-12/18/2025 |
Resolved-Income was resolved. - Due Diligence Vendor-01/08/2026 |
LTV is less than guideline maximum - 65% LTV, program allows to 80% Months Reserves exceed minimum required - 101 months reserves documented, 6 months required Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 688 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6083295 | ||
| XXXX | XXXX | 304875422 | D | A | D | A | A | A | D | A | Closed | FCRE7497 | 2025-10-31 10:54 | 2025-11-07 10:07 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Upon further review, CD appears to be for the subject property. - Due Diligence Vendor-11/07/2025 Ready for Review-This is an invalid finding. The legal description is as follows on title "XXXX and the adjoining XXXX of Lot XXXX (XXXX), in Block XXXX (XXX), of XXXX SECTION, a subdivision inXXXX County, XXXX according to the map or plat thereof, recorded in Volume 998, Page 416 of the Deed Records of XXXX County, XXXX." Please escalate or clear the finding. - Seller-11/05/2025 Counter-CD received on page 821 reflects XXXX--our subject property is XXXX-please confirm. - Due Diligence Vendor-11/05/2025 Ready for Review-This is an invalid finding. The CD referenced from page 821 is an initial CD for the subject property. The delivered loan file included the final CD. Please waive. - Seller-11/04/2025 Open-Page 821 has an incomplete CD for the refinance of a property which is not listed on the 1003. Support for exclusion of this property is required. May need to be added to REO and DTI. - Due Diligence Vendor-10/31/2025 |
Ready for Review-This is an invalid finding. The legal description is as follows on title "Lot XXXX and the adjoining XXXX of Lot XXXX (XXXX), in Block XXXX, of XXXX SECTION, a subdivision in XXXX County, XXXX according to the map or plat thereof, recorded in Volume XXXX, Page XXXX of the Deed Records of XXXX County, XXXX." Please escalate or clear the finding. - Seller-11/05/2025 Ready for Review-This is an invalid finding. The CD referenced from page XXXX is an initial CD for the subject property. The delivered loan file included the final CD. Please waive. - Seller-11/04/2025 |
Resolved-Upon further review, CD appears to be for the subject property. - Due Diligence Vendor-11/07/2025 |
LTV is less than guideline maximum - 65% LTV, program allows to 80% Months Reserves exceed minimum required - 101 months reserves documented, 6 months required Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 688 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6082265 | ||
| XXXX | XXXX | 304875422 | D | A | D | A | A | A | D | A | Closed | FPRO1242 | 2025-10-31 10:16 | 2025-11-05 13:56 | Resolved | 1 - Information | D | A | Property | Missing Doc | Appraisal is Missing | Resolved-Received 1004 appraisal. - Due Diligence Vendor-11/05/2025 Ready for Review-Document Uploaded. Please see attached Appraisal Report - XXXX XXXX, XXXX XXXX - Seller-11/04/2025 Open-Appraisal is Missing Appraisal in file is for wrong property. - Due Diligence Vendor-10/31/2025 |
Ready for Review-Document Uploaded. Please see attached Appraisal Report - XXXX XXXX, XX XXXX - Seller-11/04/2025 |
Resolved-Received 1004 appraisal. - Due Diligence Vendor-11/05/2025 |
LTV is less than guideline maximum - 65% LTV, program allows to 80% Months Reserves exceed minimum required - 101 months reserves documented, 6 months required Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 688 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6081563 | |
| XXXX | XXXX | 304875520 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 304892518 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 304892513 | C | A | C | A | A | A | B | A | Closed | FCRE0184 | 2025-10-31 11:08 | 2025-11-07 09:23 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Cash-out Letter on a Business Purpose Loan | Resolved-Upon further review, the loan file contained all required business purpose documentation. - Due Diligence Vendor-11/07/2025 Ready for Review-Document Uploaded. Please see Business Purpose Affidavit confirming all funds are to be used for business. - Seller-11/05/2025 Open-Missing Cash-out Letter on a Business Purpose Loan. Not found in uploaded documents - Due Diligence Vendor-10/31/2025 |
Ready for Review-Document Uploaded. Please see Business Purpose Affidavit confirming all funds are to be used for business. - Seller-11/05/2025 |
Resolved-Upon further review, the loan file contained all required business purpose documentation. - Due Diligence Vendor-11/07/2025 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Min DSCR is .80, borrowers DSCR is above 1.0 at 1.075 Months Reserves exceed minimum required - 3 month minimum reserve required, borrower has 89.4 documented |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6082532 | |
| XXXX | XXXX | 304892513 | C | A | C | A | A | A | B | A | Closed | FPRO0022 | 2025-10-31 11:08 | 2025-11-05 13:43 | Resolved | 1 - Information | B | A | Property | Property | FEMA disaster (Public) after appraisal without a PDI or 1004D | Resolved-The appraisal was completed on after the disaster on XXXX. Disaster end dateXXXX. - Due Diligence Vendor-11/05/2025 Open-FEMA disaster after appraisal without a Public PDI or 1004D. No comments found in appraisal XXXX Severe Storms, Straight-line Winds, Tornadoes, and Flooding (DR-4882-IN) Incident Period: XXXX - XXXX Major Disaster Declaration declared on XXXX - Due Diligence Vendor-10/31/2025 |
Resolved-The appraisal was completed on after the disaster on XXXX. Disaster end date XXXX. - Due Diligence Vendor-11/05/2025 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Min DSCR is .80, borrowers DSCR is above 1.0 at 1.075 Months Reserves exceed minimum required - 3 month minimum reserve required, borrower has 89.4 documented |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6082531 | |||
| XXXX | XXXX | 304875349 | C | B | C | B | A | A | A | A | Closed | FCRE1440 | 2025-10-31 17:38 | 2025-10-31 18:16 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Housing History Does Not Meet Guideline Requirements First Time Investors must have 12 months primary housing history Originator exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to strong compensating factors and client has owned home since XXXX - Due Diligence Vendor-11/05/2025 | Waived-Housing History Does Not Meet Guideline Requirements First Time Investors must have 12 months primary housing history Originator exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to strong compensating factors and client has owned home since XXXX- Due Diligence Vendor-11/05/2025 |
LTV is less than guideline maximum - LTV 44.66% LTV. Allowed 75% DSCR % greater than 1.20 - DSCR is 1.60. 1.00 was required. |
DSCR greater than 1.20 LTV 5% or more less than guides Score is 20+points above min required. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 6089097 | ||
| XXXX | XXXX | 304892582 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 304892631 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 304892594 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 304892612 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 304892621 | D | A | A | A | A | A | D | A | Closed | FPRO1253 | 2025-11-06 10:26 | 2025-11-18 16:26 | Resolved | 1 - Information | D | A | Property | Missing Doc | Secondary Valuation or Additional Valuation has not been entered per securitization requirements | Resolved-Received desk review and confirmation 1st appraisal not acceptable due transfer from without XXX. - Due Diligence Vendor-11/18/2025 Ready for Review-Document Uploaded. Please see attached App Report done by XXXX. This appraisal report is a transfer appraisal report and not valid because it was not ordered through XXX. The Appraisal report by XXXX was used because this was run through XXX and it has updated comps. Please clear this finding. - Seller-11/15/2025 Counter-Desk Review provided, however it appears we are missing the Appraisal performed by XXXX with an effective date of XXXX. Once received additional findings may apply. - Due Diligence Vendor-11/07/2025 Ready for Review-Document Uploaded. Please see attached CDA for subject property -XXXX. Please clear this finding. - Seller-11/06/2025 Open--Missing Secondary evaluation. Desk Review is for another Appraisal not in file, CU and LCA scores are both over 2.5. - Due Diligence Vendor-11/06/2025 |
Ready for Review-Document Uploaded. Please see attached App Report done by XXXX. This appraisal report is a transfer appraisal report and not valid because it was not ordered through XXX. The Appraisal report by XXXX was used because this was run through XXX and it has updated comps. Please clear this finding. - Seller-11/15/2025 Ready for Review-Document Uploaded. Please see attached CDA for subject property -XXXX. Please clear this finding. - Seller-11/06/2025 |
Resolved-Received desk review and confirmation 1st appraisal not acceptable due transfer from without XXX. - Due Diligence Vendor-11/18/2025 |
Months Reserves exceed minimum required - Verified assets of 97.7 months exceeds the minimum required of 6 months Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 703 which exceeds the minimum of 660 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6153538 | |
| XXXX | XXXX | 304892616 | C | A | C | A | A | A | A | A | Closed | FCRE1509 | 2025-11-06 08:34 | 2025-11-18 14:19 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Note Document | Resolved-Received all pages of the Note - Due Diligence Vendor-11/18/2025 Ready for Review-Document Uploaded. Please see attached executed, signed and definitely ratified note copy - Seller-11/15/2025 Counter-Received loan agreement-please provide complete ratified Note with any and all addendums. - Due Diligence Vendor-11/07/2025 Ready for Review-Document Uploaded. Please see attached - Seller-11/06/2025 Open-There are Issues Present on the Note that must be addressed. Missing the complete Note including but not limited to the signature page. - Due Diligence Vendor-11/06/2025 |
Ready for Review-Document Uploaded. Please see attached executed, signed and definitely ratified note copy - Seller-11/15/2025 Ready for Review-Document Uploaded. Please see attached - Seller-11/06/2025 |
Resolved-Received all pages of the Note - Due Diligence Vendor-11/18/2025 |
DSCR % greater than 1.20 - DSCR % greater than 1.20--- Borrower's DSCR 1.304% Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660- Borrower's FICO 747 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6151612 | |
| XXXX | XXXX | 304892616 | C | A | C | A | A | A | A | A | Closed | FCOM1221 | 2025-11-06 07:06 | 2025-11-07 16:23 | Resolved | 1 - Information | C | A | Credit | Closing | The Deed of Trust is Incomplete | Resolved-Received security instrument with all riders and attachments. - Due Diligence Vendor-11/07/2025 Ready for Review-Document Uploaded. Please see attached - Seller-11/06/2025 Open-The Deed of Trust is Incomplete Missing the complete Deed of Trust (Mortgage) including but not limited to the signature page and any & all Riders. - Due Diligence Vendor-11/06/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-11/06/2025 |
Resolved-Received security instrument with all riders and attachments. - Due Diligence Vendor-11/07/2025 |
DSCR % greater than 1.20 - DSCR % greater than 1.20--- Borrower's DSCR 1.304% Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660- Borrower's FICO 747 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6150663 | |
| XXXX | XXXX | 304892588 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 304875578 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 304892620 | D | A | D | A | C | A | A | A | Closed | FCRE2393 | 2025-11-07 10:45 | 2025-11-18 12:53 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing an established escrow impound account for taxes and insurance. | Resolved-Received property taxes and HOI. - Due Diligence Vendor-11/18/2025 Ready for Review-Please note that 3C-XXXX is not the subject property. This property is the borrower's investment property and therefore this does not affect the loan . This loan is a Cash-Out for the borrower's primary residence therefore these documents do not apply. Please clear this finding. - Seller-11/17/2025 Counter-Received HOI and property taxes for 3c-tax billing reflects delinquency of 11 months-verify paid current. - Due Diligence Vendor-11/11/2025 Ready for Review-Document Uploaded. - Seller-11/07/2025 Open-Property C: Provide docs to verify Taxes & HOI. - Due Diligence Vendor-11/07/2025 |
Ready for Review-Please note that 3C-XXXX is not the subject property. This property is the borrower's investment property and therefore this does not affect the loan . This loan is a Cash-Out for the borrower's primary residence therefore these documents do not apply. Please clear this finding. - Seller-11/17/2025 Ready for Review-Document Uploaded. - Seller-11/07/2025 |
Resolved-Received property taxes and HOI. - Due Diligence Vendor-11/18/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Lender minimum FICO 680, borrower FICO 711 Qualifying DTI below maximum allowed - Lender max DTI 50%, borrower DTI 44.15% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6170949 | |
| XXXX | XXXX | 304892620 | D | A | D | A | C | A | A | A | Closed | finding-47 | 2025-11-05 12:32 | 2025-11-11 09:45 | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-Rec'd CD with disbursement date of XXXX. Finding resolved. - Due Diligence Vendor-11/11/2025 Ready for Review-Document Uploaded. UPLOADED - Seller-11/10/2025 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-11/05/2025 |
Ready for Review-Document Uploaded. UPLOADED - Seller-11/10/2025 |
Resolved-Rec'd CD with disbursement date of XXXX. Finding resolved. - Due Diligence Vendor-11/11/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Lender minimum FICO 680, borrower FICO 711 Qualifying DTI below maximum allowed - Lender max DTI 50%, borrower DTI 44.15% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6139322 | |
| XXXX | XXXX | 304892620 | D | A | D | A | C | A | A | A | Closed | finding-3540 | 2025-11-05 12:32 | 2025-11-11 09:45 | Resolved | 1 - Information | C | A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test | Resolved-Rec'd borrower's acknowledgment of CD. Finding resolved. - Due Diligence Vendor-11/11/2025 Ready for Review-UPLOADED - Seller-11/10/2025 Open-This loan failed the revised closing disclosure delivery date test (no waiting period required). ( 12 CFR §1026.19(f)(2)(i) )The revised closing disclosure delivery does not require a new waiting period and:The revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either"XXXX 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 dated XXXX is not signed by borrower- no proof in file that borrower received before closing on XXXX. Please provide proof borrower received CD prior to closing on XXXX. - Due Diligence Vendor-11/05/2025 |
Ready for Review-UPLOADED - Seller-11/10/2025 |
Resolved-Rec'd borrower's acknowledgment of CD. Finding resolved. - Due Diligence Vendor-11/11/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Lender minimum FICO 680, borrower FICO 711 Qualifying DTI below maximum allowed - Lender max DTI 50%, borrower DTI 44.15% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 6139323 | |
| XXXX | XXXX | 304910090 | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2025-11-19 10:45 | 2025-11-24 14:13 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated Commitment w/sufficient coverage. - Due Diligence Vendor-11/24/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-11/20/2025 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien of XXXX. - Due Diligence Vendor-11/19/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-11/20/2025 |
Resolved-Received updated Commitment w/sufficient coverage. - Due Diligence Vendor-11/24/2025 |
Months Reserves exceed minimum required - Verified assets of 30.8 months exceeds the minimum required of 6 months DSCR % greater than 1.20 - Rule False Calculated DSCR of 1.369 which exceeds the minimum required of 1.0 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 798 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6304640 | |
| XXXX | XXXX | 304910090 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2025-11-19 09:48 | 2025-11-24 14:12 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received all pages of the Security Agreement. - Due Diligence Vendor-11/24/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-11/20/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. The first page of the Mortgage Document (Deed of Trust) is missing. - Due Diligence Vendor-11/19/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-11/20/2025 |
Resolved-Received all pages of the Security Agreement. - Due Diligence Vendor-11/24/2025 |
Months Reserves exceed minimum required - Verified assets of 30.8 months exceeds the minimum required of 6 months DSCR % greater than 1.20 - Rule False Calculated DSCR of 1.369 which exceeds the minimum required of 1.0 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 798 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6303392 | |
| XXXX | XXXX | 304910065 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305023672 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 305023762 | C | B | C | B | A | A | C | A | Closed | FPRO1257 | 2025-12-05 07:52 | 2025-12-31 13:35 | Resolved | 1 - Information | C | A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received SSR with a CU score of 1.2 - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-12/29/2025 Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. 2nd valuation product not found - Due Diligence Vendor-12/05/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-12/29/2025 |
Resolved-Received SSR with a CU score of 1.2 - Due Diligence Vendor-12/31/2025 |
Long term residence - At current residence for 5 years DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR exceeds min Required is 0.75 Borrower has 1.32 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6500116 | |
| XXXX | XXXX | 305023762 | C | B | C | B | A | A | C | A | Closed | FCRE1200 | 2025-12-05 08:22 | 2025-12-31 13:32 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Originator exception granted for loan amount, waiver applied with compactors - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-12/29/2025 Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount ofXXXX 1008 states exception approved, but exception was not found - Due Diligence Vendor-12/05/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-12/29/2025 |
Waived-Originator exception granted for loan amount, waiver applied with compactors - Due Diligence Vendor-12/31/2025 |
Long term residence - At current residence for 5 years DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR exceeds min Required is 0.75 Borrower has 1.32 |
DSCR over 1.2 credit history 0x30 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | 6500475 |
| XXXX | XXXX | 305023684 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305023692 | D | B | D | B | A | A | A | A | Closed | FCRE1158 | 2025-12-08 13:42 | 2025-12-10 14:45 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received HOI with the correct premium - Due Diligence Vendor-12/10/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-12/08/2025 Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided Missing Final HOI docs to match premium amount used for closing. - Due Diligence Vendor-12/08/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-12/08/2025 |
Resolved-Received HOI with the correct premium - Due Diligence Vendor-12/10/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 753 Months Reserves exceed minimum required - 15 mths reserves; 6 mths required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6532887 | |
| XXXX | XXXX | 305023692 | D | B | D | B | A | A | A | A | Closed | FCRE3653 | 2025-12-08 16:30 | 2025-12-10 14:43 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing letter of explanation | Resolved-Upon further review, the loan file contains sufficient documentation regarding the property management. - Due Diligence Vendor-12/10/2025 Ready for Review-Please note page 72 of the appraisal report delivered with the loan file included XXXX, XXXX, and XXXX expenses for the subject property which had zero management fees. That is sufficient confirmation that the property is self managed. Further explanation from the borrower is unwarranted. - Seller-12/08/2025 Open-Missing letter of explanation from borrower confirming they self manage, prior years show 0 for management fees - Due Diligence Vendor-12/08/2025 |
Ready for Review-Please note page 72 of the appraisal report delivered with the loan file included XXXX, XXXX, and XXXX expenses for the subject property which had zero management fees. That is sufficient confirmation that the property is self managed. Further explanation from the borrower is unwarranted. - Seller-12/08/2025 |
Resolved-Upon further review, the loan file contains sufficient documentation regarding the property management. - Due Diligence Vendor-12/10/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 753 Months Reserves exceed minimum required - 15 mths reserves; 6 mths required. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6536782 | ||
| XXXX | XXXX | 305023692 | D | B | D | B | A | A | A | A | Closed | FCRE1498 | 2025-12-08 16:04 | 2025-12-08 16:36 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Borrower Rental Experience Insufficient per Guidelines (DSCR) | Waived-Client exception granted to allow First time investor not allowed on 5-10 units, on title (LLC) since XXXX. Non-material waiver applied with comp factors. - Due Diligence Vendor-12/08/2025 Open-Borrower Rental Experience Insufficient per Guidelines (DSCR Loan Type) Approved lender exception on file. "First time investor not allowed on 5-10 units, on title (LLC) since XXXX" - Due Diligence Vendor-12/08/2025 |
Waived-Client exception granted to allow First time investor not allowed on 5-10 units, on title (LLC) since XXXX. Non-material waiver applied with comp factors. - Due Diligence Vendor-12/08/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 753 Months Reserves exceed minimum required - 15 mths reserves; 6 mths required. |
Fico is 20+ points above the required 24+ month of clean credit history 24+ months housing history 0x30 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 6536250 | ||
| XXXX | XXXX | 305023681 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305023718 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 305029405 | C | A | C | A | A | A | A | A | Closed | FCRE8701 | 2025-12-15 08:54 | 2026-04-24 13:03 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-The Business Entity Formation Document is not Missing - Due Diligence Vendor-04/24/2026 Resolved-Received EIN - Due Diligence Vendor-12/17/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-12/15/2025 Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. Missing EIN Number - Due Diligence Vendor-12/15/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-12/15/2025 |
Resolved-The Business Entity Formation Document is not Missing - Due Diligence Vendor-04/24/2026 Resolved-Received EIN - Due Diligence Vendor-12/17/2025 |
LTV is less than guideline maximum - LTV LESS THEN MAX Required is 80 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - FICO EXCEED MIN BY OVER 20 PTS. Required is 640 Borrower has 767 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6621208 | |
| XXXX | XXXX | 305029403 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 305029494 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305029462 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305030885 | D | A | D | A | A | A | A | A | Closed | FCRE2393 | 2025-12-29 13:33 | 2025-12-31 15:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing an established escrow impound account for taxes and insurance. | Resolved-Upon further review, this is the sellers debt paid at close to the XXXX. - Due Diligence Vendor-12/31/2025 Ready for Review-We respectfully disagree. The payment to the XXXX was pad by the Seller and not our borrower. The issue could be related to amounts owed by the Seller to the XXXX and is not relevant or material to the borrower's qualification of the subject loan. - Seller-12/30/2025 Open-Provide clarification for what the "XXXX- Withholding to XXXX re: XXXX- Withholding" on the Seller's Settlement Statement under section H is specifically for. Upon receipt additional conditions may apply. - Due Diligence Vendor-12/29/2025 |
Ready for Review-We respectfully disagree. The payment to the XXXXX was pad by the Seller and not our borrower. The issue could be related to amounts owed by the Seller to the XXXX and is not relevant or material to the borrower's qualification of the subject loan. - Seller-12/30/2025 |
Resolved-Upon further review, this is the sellers debt paid at close to the XXXX. - Due Diligence Vendor-12/31/2025 |
Months Reserves exceed minimum required - Min reserves required 6 mths. Borrower has 36.1 months in reserves. Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 660 Borrower has 800 Required is 660 Borrower has 800 LTV is less than guideline maximum - Max LTV is 75 Borrower has 64.62 Required is 75 Borrower has 64.62 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6837671 | ||
| XXXX | XXXX | 305023691 | C | B | C | B | A | A | C | B | Closed | FCRE1198 | 2025-12-29 14:18 | 2026-01-13 17:59 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Originator exception granted to allow less than 12 months in reserves. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-01/13/2026 Ready for Review-Document Uploaded. Please see attached - Seller-01/13/2026 Counter-Provide updated Waiver to show revised LTV of 69.7% based on value used to qualify XXXX. - Due Diligence Vendor-01/13/2026 Ready for Review-Document Uploaded. Please see attached exception allowing the loan to close with 5 months reserves. - Seller-01/07/2026 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 12 month(s) Additional assets required - Due Diligence Vendor-12/29/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-01/13/2026 Ready for Review-Document Uploaded. Please see attached exception allowing the loan to close with 5 months reserves. - Seller-01/07/2026 |
Waived-Originator exception granted to allow less than 12 months in reserves. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-01/13/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 775 LTV is less than guideline maximum - Required is 75 Borrower has 69.77 |
DSCR % greater than 1.20* Qualifying FICO score is at least 20 points above minimum for program* LTV is 5% less than guideline maximum |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | 6838558 |
| XXXX | XXXX | 305023691 | C | B | C | B | A | A | C | B | Closed | FPRO0023 | 2025-12-29 13:43 | 2026-01-13 11:33 | Waived | 2 - Non-Material | C | B | Property | Value | Primary Appraised Value exceeds Variance to Reviewed Appraised Property Value | Waived-Primary Appraised Property Value To Reviewed Appraised Property Value Variance is '-31.20'. Finding remains as Non Material due to the file containing 2 secondary valuation products not supporting the original appraised value. Used lowest value to qualify. - Due Diligence Vendor-01/13/2026 Open-Primary Appraised Property Value To Reviewed Appraised Property Value Variance is '-31.20'. Finding remains as Non Material due to the file containing 2 secondary valuation products not supporting the original appraised value. Used lowest value to qualify. - Due Diligence Vendor-01/13/2026 |
Waived-Primary Appraised Property Value To Reviewed Appraised Property Value Variance is '-31.20'. Finding remains as Non Material due to the file containing 2 secondary valuation products not supporting the original appraised value. Used lowest value to qualify. - Due Diligence Vendor-01/13/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 775 LTV is less than guideline maximum - Required is 75 Borrower has 69.77 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 6837903 | |||
| XXXX | XXXX | 305023691 | C | B | C | B | A | A | C | B | Closed | FCRE1510 | 2025-12-24 18:00 | 2025-12-31 13:56 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received all page of the mortgage. - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. Please see attached. - Seller-12/29/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. ----- Missing Notary and Signature page - Due Diligence Vendor-12/24/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-12/29/2025 |
Resolved-Received all page of the mortgage. - Due Diligence Vendor-12/31/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 775 LTV is less than guideline maximum - Required is 75 Borrower has 69.77 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6800761 | |
| XXXX | XXXX | 305023691 | C | B | C | B | A | A | C | B | Closed | FCRE9501 | 2025-12-29 14:08 | 2025-12-31 13:55 | Resolved | 1 - Information | C | A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Received additional assets. - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. Proceeds from a XXXX CES for XXXX were used for the subject CTC. Please see attached CD. - Seller-12/29/2025 Open-Total Qualified Assets Post-Close amount is 'XXXX'. Assets are Insufficient. Insufficient funds for transaction - Due Diligence Vendor-12/29/2025 |
Ready for Review-Document Uploaded. Proceeds from a XXXX CES forXXXX were used for the subject CTC. Please see attached CD. - Seller-12/29/2025 |
Resolved-Received additional assets. - Due Diligence Vendor-12/31/2025 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 775 LTV is less than guideline maximum - Required is 75 Borrower has 69.77 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6838398 | |
| XXXX | XXXX | 305029521 | D | A | D | A | A | A | A | A | Closed | FCRE8700 | 2025-12-30 18:11 | 2026-01-05 15:19 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Missing EIN Number for Business Entity | Resolved-Received EIN. - Due Diligence Vendor-01/05/2026 Ready for Review-Document Uploaded. Please see attached - Seller-12/31/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-12/31/2025 |
Resolved-Received EIN. - Due Diligence Vendor-01/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 730 LTV is less than guideline maximum - Required is 80 Borrower has 75 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6862412 | |
| XXXX | XXXX | 305030839 | D | A | D | A | A | A | A | A | Closed | FCRE1201 | 2025-12-30 14:40 | 2026-01-02 14:55 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-12/31/2025 Open-Missing Third Party Fraud Report Provide Fraud Report including XXXX and All Interested Parties Checked with Exclusionary Lists. Subject to review, additional conditions may apply. - Due Diligence Vendor-12/30/2025 |
Ready for Review-Document Uploaded. Please see attached. - Seller-12/31/2025 |
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-01/02/2026 |
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 777 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6859151 | |
| XXXX | XXXX | 305030839 | D | A | D | A | A | A | A | A | Closed | FCRE0095 | 2025-12-30 23:34 | 2026-01-02 14:53 | Resolved | 1 - Information | C | A | Credit | Eligibility | Short Term Rental Income does not meet guidelines | Resolved-Upon further review, An alternative market rent analysis similar to XXXX Form 1007/1025 is allowed per the Guidelines. - Due Diligence Vendor-01/02/2026 Ready for Review-We respectfully disagree. According to DSCR guidelines, section 3.4; An alternative market rent analysis similar to XXXX Form 1007/1025 is allowed. The loan file included a STR Feasibility Report from XXXX. - Seller-12/31/2025 Open-XXXX Only allowed for purchase transaction. Lender utilized XXXX to determine short-term rental income for the DSCR ratio on a refinance transaction. - Due Diligence Vendor-12/31/2025 |
Ready for Review-We respectfully disagree. According to DSCR guidelines, section 3.4; An alternative market rent analysis similar to XXXX Form 1007/1025 is allowed. The loan file included a STR Feasibility Report from ActAppraisal. - Seller-12/31/2025 |
Resolved-Upon further review, An alternative market rent analysis similar to XXXX Form 1007/1025 is allowed per the Guidelines. - Due Diligence Vendor-01/02/2026 |
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 777 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6865088 | ||
| XXXX | XXXX | 305029340 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2025-12-30 11:08 | 2026-01-05 14:59 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument and Notary page. - Due Diligence Vendor-01/05/2026 Ready for Review-Document Uploaded. Please see attached - Seller-01/02/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing the Notary's signature, date and stamped acknowledgement. - Due Diligence Vendor-12/30/2025 |
Ready for Review-Document Uploaded. Please see attached - Seller-01/02/2026 |
Resolved-Received complete security instrument and Notary page. - Due Diligence Vendor-01/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 660 Borrower has 783 Required is 660 Borrower has 783 On time mortgage history exceeds guideline requirement - Borrower's mortgage history is on time for over 12+ months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6853744 | |
| XXXX | XXXX | 305029341 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305030892 | C | B | C | B | A | A | A | A | Closed | FCRE1510 | 2026-01-02 07:37 | 2026-01-21 16:49 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Deed of Trust with Missing Signature page. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. Please see attached - Seller-01/17/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Signature page - Due Diligence Vendor-01/02/2026 |
Ready for Review-Document Uploaded. Please see attached - Seller-01/17/2026 |
Resolved-Received Deed of Trust with Missing Signature page. - Due Diligence Vendor-01/21/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Minimum required FICO score is 640 - actual FICO score is 724. Required is 640 Borrower has 724 DSCR % greater than 1.20 - DSCR is 2.541. Required is 0.75 Borrower has 2.541 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6890310 | |
| XXXX | XXXX | 305030892 | C | B | C | B | A | A | A | A | Closed | FCRE1194 | 2026-01-02 08:23 | 2026-01-05 14:56 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Originator provided a waiver for LTV to 80% with vacant property, applied to non material finding with comp factors - Due Diligence Vendor-01/05/2026 Ready for Review-Document Uploaded. Please see attached - Seller-01/02/2026 Open-Audited LTV of 80% exceeds Guideline LTV of 75% Per 1008, LTV exception to allow LTV at 80% - exception not located in file and Conditional approval does not reflect LTV exception (reflects 75%). - Due Diligence Vendor-01/02/2026 |
Ready for Review-Document Uploaded. Please see attached - Seller-01/02/2026 |
Waived-Originator provided a waiver for LTV to 80% with vacant property, applied to non material finding with comp factors - Due Diligence Vendor-01/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Minimum required FICO score is 640 - actual FICO score is 724. Required is 640 Borrower has 724 DSCR % greater than 1.20 - DSCR is 2.541. Required is 0.75 Borrower has 2.541 |
FICO is 20 points above minimum required Credit history 0x30 for 24 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 6890868 |
| XXXX | XXXX | 305030822 | D | B | C | B | D | A | A | A | Closed | FCRE1510 | 2025-12-31 15:42 | 2026-04-15 14:14 | 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-04/15/2026 Ready for Review-Received Deed of Trust with Legal Description. - Due Diligence Vendor-01/06/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/02/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing attached legal description - Due Diligence Vendor-01/02/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-01/02/2026 |
Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-04/15/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 746 Required is 700 Borrower has 746 Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 5+ Years – Minimum = 2 Years |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 6881051 | |
| XXXX | XXXX | 305030822 | D | B | C | B | D | A | A | A | Closed | FCRE1198 | 2026-01-02 10:37 | 2026-01-09 09:12 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Originator provided a waiver to approve with 8 months reserves, applied to non material finding with comp factors - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. Please see attached exception allowing the loan to close with 8 months reserves - Seller-01/07/2026 Open-Audited Reserves of 8.04 month(s) are less than Guideline Required Reserves of 9 month(s) Provide additional assets to cover reserves requirement, per guides 9 months - Due Diligence Vendor-01/02/2026 |
Ready for Review-Document Uploaded. Please see attached exception allowing the loan to close with 8 months reserves - Seller-01/07/2026 |
Waived-Originator provided a waiver to approve with 8 months reserves, applied to non material finding with comp factors - Due Diligence Vendor-01/09/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 746 Required is 700 Borrower has 746 Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 5+ Years – Minimum = 2 Years |
* Qualifying FICO score is at least 20 points above minimum for program* Residual Income =/> 1.5 times XXXX monthly residual income |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 6893643 |
| XXXX | XXXX | 305030822 | D | B | C | B | D | A | A | A | Closed | FCOM1231 | 2026-01-02 06:18 | 2026-01-08 08:44 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-Received the Initial 1003 singed by loan officer. Finding Resoolved. - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. Please see Initial signed 1003 - Seller-01/07/2026 Counter-----Initial 1003 is not dated by the loan officer. Finding Remains. - Due Diligence Vendor-01/06/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/02/2026 Open-The Initial 1003 is Missing Initial 1003 missing - Due Diligence Vendor-01/02/2026 |
Ready for Review-Document Uploaded. Please see Initial signed 1003 - Seller-01/07/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/02/2026 |
Resolved-Received the Initial 1003 singed by loan officer. Finding Resoolved. - Due Diligence Vendor-01/08/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 746 Required is 700 Borrower has 746 Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 5+ Years – Minimum = 2 Years |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 6889706 | |
| XXXX | XXXX | 305030822 | D | B | C | B | D | A | A | A | Closed | finding-3542 | 2025-12-31 17:06 | 2026-01-06 08:37 | Resolved | 1 - Information | C | A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (Waiting Period Required) Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-01/06/2026 Ready for Review-Document Uploaded. REBUTTAL PROVIDED - Seller-01/05/2026 Open-This loan failed the revised closing disclosure delivery date test (waiting period required).( 12 CFR §1026.19(f)(2)(ii) )The revised closing disclosure delivery requires a new waiting period andThe 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 six 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 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; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt 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.Changes before consummation requiring a new waiting period. If one of the following disclosures provided under §1026.19(f)(1)(i) becomes inaccurate in the following manner before consummation, the creditor shall ensure that the consumer receives corrected disclosures containing all changed terms in accordance with the requirements of §1026.19(f)(1)(ii)(A):(A) The annual percentage rate disclosed under §1026.38(o)(4) becomes inaccurate, as defined in §1026.22.(B) The loan product is changed, causing the information disclosed under §1026.38(a)(5)(iii) to become inaccurate.(C) A prepayment penalty is added, causing the statement regarding a prepayment penalty required under §1026.38(b) to become inaccurate.The creditor shall ensure that the consumer receives the disclosures required under §1026.19(f)(1)(i) no later than three business days before consummation. ----- CD XXXX is not signed and there is no evidence of when it was provided to borrower. - Due Diligence Vendor-12/31/2025 |
Ready for Review-Document Uploaded. REBUTTAL PROVIDED - Seller-01/05/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-01/06/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 746 Required is 700 Borrower has 746 Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 5+ Years – Minimum = 2 Years |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 6882594 | |
| XXXX | XXXX | 305030901 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-01-06 20:52 | 2026-01-12 14:22 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-After further review 12 months of housing history reflected, the XXXX in fees is due to several of the payments being made after the 15th of each month which caused the late payment fees.. Does not reflect 30+ days late- condition resolved - Due Diligence Vendor-01/12/2026 Ready for Review-Duplicate documents were provided with an explanation and clarification for your review since evidence of 12 months payments have been verified. According to the payoff demand, the next payment due was XXXX, which indicates the XXXX payment was already made. The loan file included Borrower ACH Authorizations for XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, which along with the XXXX payment is 12 months of payment history. Based on the ACH Authorization dates, the payments were not 30 days late and the late fees are due to payments that were made after the 15th. Please escalate and/or clear the finding accordingly. - Seller-01/09/2026 Counter-Received duplicate documentation. Provide Verification of Mortgage from XXXX to validate a satisfactory mortgage payment history for the subject property Over 6000 in late fees per the pay off. Need to confirm 0*30 days. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. We respectfully disagree. According to the payoff demand, the next payment due was XX/XX/XX, which indicates theXX/XX/XX payment was already made. The loan file included Borrower ACH Authorizations for XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, which along with the XXXX payment is 12 months of payment history. Based on the ACH Authorization dates, the payments were not 30 days late and the late fees are due to payments that were made after the 15th. - Seller-01/07/2026 Open-Housing History Does Not Meet Guideline Requirements Provide Verification of Mortgage from XXX to validate a satisfactory mortgage payment history for the subject property. Over XXXX in late fees per the pay off. Need to confirm 0*30 days. - Due Diligence Vendor-01/07/2026 |
Ready for Review-Duplicate documents were provided with an explanation and clarification for your review since evidence of 12 months payments have been verified. According to the payoff demand, the next payment due was XXXX, which indicates the XXXX payment was already made. The loan file included Borrower ACH Authorizations for XXXX, XXXX, XXXX, XXXX, XXXX,XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, which along with the XXXX payment is 12 months of payment history. Based on the ACH Authorization dates, the payments were not 30 days late and the late fees are due to payments that were made after the 15th. Please escalate and/or clear the finding accordingly. - Seller-01/09/2026 Ready for Review-Document Uploaded. We respectfully disagree. According to the payoff demand, the next payment due was XXXX, which indicates the XXXX payment was already made. The loan file included Borrower ACH Authorizations for XXXX, XXXX, XXXX, XXXX, XXXX,XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, which along with the XXXX payment is 12 months of payment history. Based on the ACH Authorization dates, the payments were not 30 days late and the late fees are due to payments that were made after the 15th. - Seller-01/07/2026 |
Resolved-After further review 12 months of housing history reflected, the $XXXX in fees is due to several of the payments being made after the 15th of each month which caused the late payment fees.. Does not reflect 30+ days late- condition resolved - Due Diligence Vendor-01/12/2026 |
LTV is less than guideline maximum - LTV is less than guideline maximum Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score is at least 20 points above minimum for program Required is 700 Borrower has 742 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6948579 | |
| XXXX | XXXX | 305030887 | C | A | C | A | A | A | A | A | Closed | FCRE1206 | 2026-01-07 15:03 | 2026-01-14 15:36 | 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-01/14/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/12/2026 Counter-Received XXXX only. Missing XXXX clearance for Exclusionary Lists missing Appraiser and settlement agent - Due Diligence Vendor-01/12/2026 Ready for Review-The initial finding called for Appraiser and settlement agent. The names are listed on the uploaded list. Refer to pages 1 and 2 for all the individuals' names, entity names, and license numbers. Please escalate and/or clear the finding accordingly. - Seller-01/09/2026 Counter-Received Sam. Missing proof all participants were checked against all exclusionary list. Provided include Data verify including noted participants. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/07/2026 Open-All Interested Parties Not Checked with Exclusionary Lists Appraiser and settlement agent to be added to the loan participants list. - Due Diligence Vendor-01/07/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-01/12/2026 Ready for Review-The initial finding called for Appraiser and settlement agent. The names are listed on the uploaded list. Refer to pages 1 and 2 for all the individuals' names, entity names, and license numbers. Please escalate and/or clear the finding accordingly. - Seller-01/09/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/07/2026 |
Resolved-Received Fraud Report w/All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-01/14/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 640. Borrower has 688. Required is 640 Borrower has 688 Months Reserves exceed minimum required - Guidelines do not require reserves. Borrower verified 63.52 months of reserves. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6967413 | |
| XXXX | XXXX | 305030887 | C | A | C | A | A | A | A | A | Closed | FCRE7748 | 2026-01-07 14:45 | 2026-01-12 13:29 | Resolved | 1 - Information | C | A | Credit | Eligibility | Valuation Product Does Not Meet Guidelines | Resolved-Received desk review. - Due Diligence Vendor-01/12/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/09/2026 Open-Per guidelines both scores (CU & LCA) provided are required to be 2.5 or less. If any one score is greater than 2.5, the file must include either an AVM, enhanced desk review, field review, or second appraisal (in this order). The LCA in the file has a score of 4.5. Upon receipt, additional conditions maybe required. - Due Diligence Vendor-01/07/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-01/09/2026 |
Resolved-Received desk review. - Due Diligence Vendor-01/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 640. Borrower has 688. Required is 640 Borrower has 688 Months Reserves exceed minimum required - Guidelines do not require reserves. Borrower verified 63.52 months of reserves. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6966994 | |
| XXXX | XXXX | 305030887 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-01-07 12:51 | 2026-01-09 17:23 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Upon further review, the loan file contained all required documentation - Due Diligence Vendor-01/09/2026 Ready for Review-Please note that the VOM shows the mortgage was late for 5 months (XXXX - XXXX). Per section 6.7.1 of the XXXX DSCR Guide, Rolling 30 day lates (up to 6 lates) are considered 1 event. Since the VOM does not exceed 6 months, the lates would be considered rolling and would only account for 1 30 day late. - Seller-01/08/2026 Open-Housing History Does Not Meet Guideline Requirements Missing proof from Cadance that the 5x30-day late payments are considered a "rolling" as required by the guidelines. 1008 reflects rolling; however, the VOM does not verify this information as it states, "dates loan has been over 30 days in past 12 months." Upon receipt, additional conditions maybe required. - Due Diligence Vendor-01/07/2026 |
Ready for Review-Please note that the VOM shows the mortgage was late for 5 months (XXXX5 - XXXX). Per section 6.7.1 of the XXXX DSCR Guide, Rolling 30 day lates (up to 6 lates) are considered 1 event. Since the VOM does not exceed 6 months, the lates would be considered rolling and would only account for 1 30 day late. - Seller-01/08/2026 |
Resolved-Upon further review, the loan file contained all required documentation - Due Diligence Vendor-01/09/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 640. Borrower has 688. Required is 640 Borrower has 688 Months Reserves exceed minimum required - Guidelines do not require reserves. Borrower verified 63.52 months of reserves. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6964368 | ||
| XXXX | XXXX | 305035382 | C | B | C | B | A | A | A | A | Closed | FCRE9501 | 2026-01-09 09:19 | 2026-02-04 15:01 | Waived | 2 - Non-Material | C | B | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Waived-Originator provided a waiver to allow loan to close with no reserves, applied to non material finding with comp factors - Due Diligence Vendor-02/04/2026 Ready for Review-Document Uploaded. Please escalate for manager review, XXXX / Tenant comments state "Borrower provided bank statements for XXXX and $XXXX in liquid assets and XXXX gift letter". see attached FINAL CD and FTC Calc with no reserves required. - Seller-02/03/2026 Counter-Review confirm no reserves as waiver received. Review does not reflect sufficient funds for closing. Per CD XXXX XXXX required for closing and XXXX EMD not validated. Provide confirmation of sufficient funds for closing. - Due Diligence Vendor-02/02/2026 Ready for Review-Document Uploaded. Please acknowledge the Exception previously uploaded to not require any reserves, attached are the funds wired at closing and settlement statement shows receipt of funds. Please expedite this to be cleared as soon as possible - Seller-01/29/2026 Counter-Review does not reflect sufficient funds for closing. Per CD XXXX XXXX required for closing and XXXX EMD not validated. Provide confirmation of sufficient funds for closing. - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. Please note that the Funds to close are XXXX; therefore the XXXX verified (XXXX and XXXX in liquid assets and XXXX gift letter) would have been sufficient to cover the Cash needed to Close. - Seller-01/23/2026 Open-Total Qualified Assets Post-Close amount is XXXX'. Assets are Insufficient. Borrower provided bank statements for XXXX and XXXX in liquid assests and XXXX gift letter. short liquid assets - Due Diligence Vendor-01/09/2026 |
Ready for Review-Document Uploaded. Please escalate for manager review, XXXX / Tenant comments state "Borrower provided bank statements for XXXX and XXXX in liquid assets and XXXX gift letter". see attached FINAL CD and FTC Calc with no reserves required. - Seller-02/03/2026 Ready for Review-Document Uploaded. Please acknowledge the Exception previously uploaded to not require any reserves, attached are the funds wired at closing and settlement statement shows receipt of funds. Please expedite this to be cleared as soon as possible - Seller-01/29/2026 Ready for Review-Document Uploaded. Please note that the Funds to close are XXXX; therefore the XXXX verified (XXXX and XXXX in liquid assets and XXXX gift letter) would have been sufficient to cover the Cash needed to Close. - Seller-01/23/2026 |
Waived-Originator provided a waiver to allow loan to close with no reserves, applied to non material finding with comp factors - Due Diligence Vendor-02/04/2026 |
Qualifying DTI below maximum allowed - 42.46% DTI, is below max of 50%. Verified employment history exceeds guidelines - Borrower has been self-employed 20+ years |
Residual Income =/> 1.5 times XXXX monthly residual income * 24+ month credit history exceeds minimum required * 5+ years Verified employment history exceeds guidelines |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 7003306 |
| XXXX | XXXX | 305035382 | C | B | C | B | A | A | A | A | Closed | FCRE1198 | 2026-01-09 12:44 | 2026-01-26 15:04 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Originator provided a waiver for no reserves, applied to non material finding with comp factors - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. Please see attached exception allowing the loan to close without reserves - Seller-01/23/2026 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 12 month(s) Borrower is short reserves Audited Reserves of month(s) are less than Guideline Required Reserves of 12 month(s) - Due Diligence Vendor-01/09/2026 |
Ready for Review-Document Uploaded. Please see attached exception allowing the loan to close without reserves - Seller-01/23/2026 |
Waived-Originator provided a waiver for no reserves, applied to non material finding with comp factors - Due Diligence Vendor-01/26/2026 |
Qualifying DTI below maximum allowed - 42.46% DTI, is below max of 50%. Verified employment history exceeds guidelines - Borrower has been self-employed 20+ years |
Residual Income =/> 1.5 times XXXX monthly residual income 24+ month credit history exceeds minimum required 5+ years Verified employment history exceeds guidelines |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 7011250 |
| XXXX | XXXX | 305035382 | C | B | C | B | A | A | A | A | Closed | FCRE0197 | 2026-01-09 09:21 | 2026-01-14 15:59 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Receive final seller settlement statement. - Due Diligence Vendor-01/14/2026 Ready for Review-Document Uploaded. Please see attached - Seller-01/12/2026 Open-The Final SELLER CD/HUD is missing. - Due Diligence Vendor-01/09/2026 |
Ready for Review-Document Uploaded. Please see attached - Seller-01/12/2026 |
Resolved-Receive final seller settlement statement. - Due Diligence Vendor-01/14/2026 |
Qualifying DTI below maximum allowed - 42.46% DTI, is below max of 50%. Verified employment history exceeds guidelines - Borrower has been self-employed 20+ years |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7003355 | |
| XXXX | XXXX | 305035382 | C | B | C | B | A | A | A | A | Closed | FCRE6844 | 2026-01-09 09:38 | 2026-01-13 14:27 | Resolved | 1 - Information | C | A | Credit | Assets | Gift Funds General | Resolved-Received wire receipt. - Due Diligence Vendor-01/13/2026 Ready for Review-Document Uploaded. Please see attached - Seller-01/09/2026 Open-lender to provide proof of receipt for gift funds. - Due Diligence Vendor-01/09/2026 |
Ready for Review-Document Uploaded. Please see attached - Seller-01/09/2026 |
Resolved-Received wire receipt. - Due Diligence Vendor-01/13/2026 |
Qualifying DTI below maximum allowed - 42.46% DTI, is below max of 50%. Verified employment history exceeds guidelines - Borrower has been self-employed 20+ years |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7004434 | |
| XXXX | XXXX | 305030865 | D | A | D | A | A | A | A | A | Closed | FCRE1345 | 2026-01-09 13:37 | 2026-01-14 15:28 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Lease Agreements Missing | Resolved-Received Rent Payments - Due Diligence Vendor-01/14/2026 Ready for Review-Document Uploaded. Please see attached 2 months receipt of rent payments for units 2, 3 and 5. Please clear this finding. - Seller-01/12/2026 Open-Since the leases have been converted to month-to-month for Units 2, 3 and 5, the most recent two (2) months proof of rent receipt to evidence continuance of lease on refinance transactions is required. - Due Diligence Vendor-01/09/2026 |
Ready for Review-Document Uploaded. Please see attached 2 months receipt of rent payments for units 2, 3 and 5. Please clear this finding. - Seller-01/12/2026 |
Resolved-Received Rent Payments - Due Diligence Vendor-01/14/2026 |
LTV is less than guideline maximum - Max LTV is 75 Borrower has 49.74 Required is 75 Borrower has 49.74 Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 680 Borrower has 790 Required is 680 Borrower has 790 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7012205 | |
| XXXX | XXXX | 305035342 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305039248 | C | A | C | A | A | A | A | A | Closed | FCRE0197 | 2026-01-09 18:15 | 2026-01-15 14:08 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Upon further review, the loan file contained a Final combined Settlement Statement. - Due Diligence Vendor-01/15/2026 Ready for Review-We respectfully disagree. As mentioned in a the related finding. the combined settlement statement was already reviewed and delivered with the loan file. Private party payoffs are not always on title if they are not recorded liens and what the seller does with the proceeds of the sale of the property is not relevant to the borrower or the subject loan. Please escalate and clear the findings accordingly. - Seller-01/13/2026 Counter-Payoff(s) on the CD/HUD are not reported on Title Report. The combined settlement statement shows XXXX for funds towards exchange replacement property. Additional findings may apply. - Due Diligence Vendor-01/13/2026 Ready for Review-Document Uploaded. As mentioned in a the related finding. the combined settlement statement was already reviewed and delivered with the loan file. Please see attached. - Seller-01/12/2026 Open-The Final SELLER CD/HUD is missing. - Due Diligence Vendor-01/09/2026 |
Ready for Review-We respectfully disagree. As mentioned in a the related finding. the combined settlement statement was already reviewed and delivered with the loan file. Private party payoffs are not always on title if they are not recorded liens and what the seller does with the proceeds of the sale of the property is not relevant to the borrower or the subject loan. Please escalate and clear the findings accordingly. - Seller-01/13/2026 Ready for Review-Document Uploaded. As mentioned in a the related finding. the combined settlement statement was already reviewed and delivered with the loan file. Please see attached. - Seller-01/12/2026 |
Resolved-Upon further review, the loan file contained a Final combined Settlement Statement. - Due Diligence Vendor-01/15/2026 |
Months Reserves exceed minimum required - 6 months reserves required - borrower has 67.55 months Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 772 Required is 680 Borrower has 772 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7018644 | |
| XXXX | XXXX | 305039248 | C | A | C | A | A | A | A | A | Closed | FCRE0196 | 2026-01-09 18:15 | 2026-01-15 14:08 | Resolved | 1 - Information | C | A | Credit | Eligibility | Payoff(s) on the CD/HUD are not reported on Title Report | Resolved-Upon further review, Seller is doing a 1031 exchange, no other documentation required as it does not effect the Title for the subject. - Due Diligence Vendor-01/15/2026 Ready for Review-We respectfully disagree. Private party payoffs are not always on title if they are not recorded liens and what the seller does with the proceeds of the sale of the property is not relevant to the borrower or the subject loan. Please escalate and clear the findings accordingly. - Seller-01/13/2026 Counter-Payoff(s) on the CD/HUD are not reported on Title Report. The combined settlement statement shows XXXX for funds towards exchange replacement property. Additional findings may apply. - Due Diligence Vendor-01/13/2026 Ready for Review-We respectfully disagree. Private party payoffs are not always be on title if they are not recorded liens and what the seller does with the proceeds of the sale of the property is not relevant to the borrower or the subject loan. - Seller-01/12/2026 Open-Payoff(s) on the CD/HUD are not reported on Title Report. The combined settlement statement shows XXXX for funds towards exchange replacement property. Additional findings may apply. - Due Diligence Vendor-01/12/2026 |
Ready for Review-We respectfully disagree. Private party payoffs are not always on title if they are not recorded liens and what the seller does with the proceeds of the sale of the property is not relevant to the borrower or the subject loan. Please escalate and clear the findings accordingly. - Seller-01/13/2026 Ready for Review-We respectfully disagree. Private party payoffs are not always be on title if they are not recorded liens and what the seller does with the proceeds of the sale of the property is not relevant to the borrower or the subject loan. - Seller-01/12/2026 |
Resolved-Upon further review, Seller is doing a 1031 exchange, no other documentation required as it does not effect the Title for the subject. - Due Diligence Vendor-01/15/2026 |
Months Reserves exceed minimum required - 6 months reserves required - borrower has 67.55 months Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 772 Required is 680 Borrower has 772 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7018645 | ||
| XXXX | XXXX | 305035387 | A | A | A | A | A | A | A | A | A | A | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305035407 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 305039329 | C | A | C | A | A | A | A | A | Closed | FCRE1194 | 2026-01-13 08:56 | 2026-01-28 17:36 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Audited LTV of % is less than or equal to Guideline LTV of 75% - Due Diligence Vendor-01/28/2026 Ready for Review-Document Uploaded. Please refer to the attached documentation to support the borrower owned a property through his LLC. XXXX. was owned by XXXX since XXXX; and, our borrower is 100% owner of XXXX. Through the LLC, the borrower would have at lease 1 year of rental experience in the last 3 years; therefore, he is not a first time investor. - Seller-01/27/2026 Open-Audited LTV of 75% exceeds Guideline LTV of 70% Max LTV for a First time investor is 70% - Due Diligence Vendor-01/13/2026 |
Ready for Review-Document Uploaded. Please refer to the attached documentation to support the borrower owned a property through his LLC.XXXX was owned byXXXX sinceXXXX; and, our borrower is 100% owner of XXXX. Through the LLC, the borrower would have at lease 1 year of rental experience in the last 3 years; therefore, he is not a first time investor. - Seller-01/27/2026 |
Resolved-Audited LTV of % is less than or equal to Guideline LTV of 75% - Due Diligence Vendor-01/28/2026 |
Months Reserves exceed minimum required - 22 months reserves exceeds 6 months required. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 740 Required is 700 Borrower has 740 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7059304 | |
| XXXX | XXXX | 305039329 | C | A | C | A | A | A | A | A | Closed | FCRE0140 | 2026-01-13 08:57 | 2026-01-28 17:32 | Resolved | 1 - Information | C | A | Credit | Eligibility | DSCR loan does not meet program guidelines | Resolved-Property profile, note, and operating agreement provided documenting ownership in property since XXXX - Due Diligence Vendor-01/28/2026 Ready for Review-Please refer to the attached documentation in the related finding to support the borrower is not a first time investor, as he owned a property through his LLC. XXXX was owned by XXXX since XXXX; and, our borrower is 100% owner ofXXXX. Through the LLC, the borrower would have at lease 1 year of rental experience in the last 3 years; therefore, he is not a first time investor. - Seller-01/27/2026 Open-Interest only is not allowed for a first time investor. - Due Diligence Vendor-01/13/2026 |
Ready for Review-Please refer to the attached documentation in the related finding to support the borrower is not a first time investor, as he owned a property through his LLC. XXXX was owned by XXXX since XXXX; and, our borrower is 100% owner of XXXX. Through the LLC, the borrower would have at lease 1 year of rental experience in the last 3 years; therefore, he is not a first time investor. - Seller-01/27/2026 |
Resolved-Property profile, note, and operating agreement provided documenting ownership in property since XXXX - Due Diligence Vendor-01/28/2026 |
Months Reserves exceed minimum required - 22 months reserves exceeds 6 months required. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 740 Required is 700 Borrower has 740 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7059315 | ||
| XXXX | XXXX | 305039329 | C | A | C | A | A | A | A | A | Closed | FCRE0113 | 2026-01-13 08:51 | 2026-01-14 14:54 | Resolved | 1 - Information | C | A | Credit | Eligibility | Property/Appraisal General (Credit) | Resolved-Upon further review, the loan file contained all required secondary valuation documentation. - Due Diligence Vendor-01/14/2026 Ready for Review-Per XXXX DSCR guidelines, section 8.1.3 Appraisal Review Requirements., the CDA, which support the Appraised Value, supersedes the AVM as a review product. - Seller-01/13/2026 Open-AVM in the file is > 10% from the verified value of the appraisal and Desk Review,. - Due Diligence Vendor-01/13/2026 |
Ready for Review-Per XXXX DSCR guidelines, section 8.1.3 Appraisal Review Requirements., the CDA, which support the Appraised Value, supersedes the AVM as a review product. - Seller-01/13/2026 |
Resolved-Upon further review, the loan file contained all required secondary valuation documentation. - Due Diligence Vendor-01/14/2026 |
Months Reserves exceed minimum required - 22 months reserves exceeds 6 months required. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 740 Required is 700 Borrower has 740 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7059197 | ||
| XXXX | XXXX | 305039329 | C | A | C | A | A | A | A | A | Closed | FCRE1509 | 2026-01-09 11:01 | 2026-01-14 14:51 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Note Document | Resolved-Received complete Note inclusive of signature page. - Due Diligence Vendor-01/14/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/13/2026 Open-There are Issues Present on the Note that must be addressed. missing signature page - Due Diligence Vendor-01/09/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-01/13/2026 |
Resolved-Received complete Note inclusive of signature page. - Due Diligence Vendor-01/14/2026 |
Months Reserves exceed minimum required - 22 months reserves exceeds 6 months required. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 740 Required is 700 Borrower has 740 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7007670 | |
| XXXX | XXXX | 305035416 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 304897221 | D | A | D | A | A | A | A | A | Closed | FCRE0200 | 2026-01-15 10:40 | 2026-02-02 10:47 | Resolved | 1 - Information | C | A | Credit | Debt | Missing proof of liability not disclosed on credit report | Resolved-Document Uploaded. The property report for XXXX and it confirms it’s multi dwelling and XXXX is part of that multi dwelling, so mortgage would be under XXXX. For property located at XXXX, this property is part of XXXX. The property report for XXXX is zoned as 2 SFR, and also reflects the street map which shows XXXX being cross streets. - Due Diligence Vendor-02/02/2026 Counter-Received Property profile for XXXX and Note that does not reflect address of XXXX. Missing Mortgage statement for XXXX and XXXX. Property noted on 1003 pg 1896, but file did not include proof of PITIA for this property. - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. See uploaded - XXXX Installment Note - Seller-01/27/2026 Ready for Review-Document Uploaded. XXXX is the 2nd unit for XXXX. The property sits XXXX with the main address being XXXX (reference street map in PDR uploaded here) - Seller-01/27/2026 Open-The loan file contains lease agreements for the following properties but not the mortgage statements or proof they are held F&C: XXXX - (lease agreement - page 123) XXXX - (lease agreement page 473) - there is mention of this property on page 1896 but the mortgage statement doesn't match the address XXXX, only XXXX... - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. See uploaded - XXXX Installment Note - Seller-01/27/2026 Ready for Review-Document Uploaded. XXXX is the 2nd unit for XXXX. The property sits XXXX with the main address being XXXX (reference street map in PDR uploaded here) - Seller-01/27/2026 |
Resolved-Document Uploaded. The property report for XXXX and it confirms it’s multi dwelling and XXXX is part of that multi dwelling, so mortgage would be under XXXX. For property located at XXXX, this property is part of XXXX. The property report for XXXX is zoned as 2 SFR, and also reflects the street map which shows XXXX/XXXX being cross streets. - Due Diligence Vendor-02/02/2026 |
Months Reserves exceed minimum required - 6 months subj loan PITI(a) is required - borrowers have 89 months reserves Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 790 Required is 620 Borrower has 790 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7110566 | |
| XXXX | XXXX | 304897221 | D | A | D | A | A | A | A | A | Closed | FCRE1335 | 2026-01-16 08:56 | 2026-02-02 10:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Received evidence of filing. - Due Diligence Vendor-01/28/2026 Ready for Review-Document Uploaded. - Seller-01/27/2026 Ready for Review-Attached is borrower’s IRS Form 8879 form to support evidence of filing for XXXX. Per GL 1.7.5.2.1 Self-Employment Income, 'Evidence of filing may include IRS form 8879 e-File Signature Authorization' - Seller-01/27/2026 Open-Borrower 1 IRS Transcripts Missing - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. - Seller-01/27/2026 Ready for Review-Attached is borrower’s IRS Form 8879 form to support evidence of filing for XXXX. Per GL 1.7.5.2.1 Self-Employment Income, 'Evidence of filing may include IRS form 8879 e-File Signature Authorization' - Seller-01/27/2026 |
Resolved-Received evidence of filing. - Due Diligence Vendor-01/28/2026 |
Months Reserves exceed minimum required - 6 months subj loan PITI(a) is required - borrowers have 89 months reserves Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 790 Required is 620 Borrower has 790 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7134455 | |
| XXXX | XXXX | 304897221 | D | A | D | A | A | A | A | A | Closed | FCRE1365 | 2026-01-16 08:56 | 2026-02-02 10:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 IRS Transcripts Missing | Resolved-Received evidence of filing. - Due Diligence Vendor-01/28/2026 Ready for Review-See uploaded borrower’s IRS Form 8879 form to support evidence of filing for XXXX. Per GL 1.7.5.2.1 Self-Employment Income, 'Evidence of filing may include IRS form 8879 e-File Signature Authorization' - Seller-01/27/2026 Open-Borrower 2 IRS Transcripts Missing - Due Diligence Vendor-01/16/2026 |
Ready for Review-See uploaded borrower’s IRS Form 8879 form to support evidence of filing for XXXX. Per GL 1.7.5.2.1 Self-Employment Income, 'Evidence of filing may include IRS form 8879 e-File Signature Authorization' - Seller-01/27/2026 |
Resolved-Received evidence of filing. - Due Diligence Vendor-01/28/2026 |
Months Reserves exceed minimum required - 6 months subj loan PITI(a) is required - borrowers have 89 months reserves Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 790 Required is 620 Borrower has 790 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7134456 | ||
| XXXX | XXXX | 304897221 | D | A | D | A | A | A | A | A | Closed | FCRE1241 | 2026-01-14 09:27 | 2026-01-20 12:14 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Received executed purchase contract and addendums. - Due Diligence Vendor-01/20/2026 Ready for Review-Document Uploaded. Uploaded commercial purchase agreement, this was provided with credit file.. - Seller-01/16/2026 Open-Loan Purpose is Purchase but Purchase Contract is Missing. The loan file is missing the purchase agreement. - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. Uploaded commercial purchase agreement, this was provided with credit file.. - Seller-01/16/2026 |
Resolved-Received executed purchase contract and addendums. - Due Diligence Vendor-01/20/2026 |
Months Reserves exceed minimum required - 6 months subj loan PITI(a) is required - borrowers have 89 months reserves Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 790 Required is 620 Borrower has 790 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7084328 | |
| XXXX | XXXX | 305035314 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305039352 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 305039209 | C | A | C | A | A | A | A | A | Closed | FCRE1206 | 2026-01-15 08:51 | 2026-01-20 15:51 | 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-01/20/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/15/2026 Open-All Interested Parties Not Checked with Exclusionary Lists Seller to be added to the loan participant list. - Due Diligence Vendor-01/15/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-01/15/2026 |
Resolved-Received Fraud Report w/All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-01/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680. Borrower has 748. Required is 680 Borrower has 748 Qualifying DTI below maximum allowed - Required is 45. Borrower has 36.14. Required is 45 Borrower has 36.14 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7107686 | |
| XXXX | XXXX | 305039227 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305039213 | C | A | C | A | A | A | A | A | Closed | FCRE0179 | 2026-01-15 17:47 | 2026-01-20 14:42 | Resolved | 1 - Information | C | A | Credit | Eligibility | UW Attestation/Docs stating warrantability are missing | Resolved-Received 1008 - Due Diligence Vendor-01/20/2026 Ready for Review-Document Uploaded. please see attached 1008 - Seller-01/16/2026 Open-UW Attestation/Docs stating warrantability are missing. Condo Warrantability is missing. - Due Diligence Vendor-01/15/2026 |
Ready for Review-Document Uploaded. please see attached 1008 - Seller-01/16/2026 |
Resolved-Received 1008 - Due Diligence Vendor-01/20/2026 |
Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 6.34 months. Qualifying DTI below maximum allowed - Required is 50 Borrower has 33.4 Required is 50 Borrower has 33.4 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 703 Required is 680 Borrower has 703 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7122892 | |
| XXXX | XXXX | 305039213 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-01-15 12:20 | 2026-01-20 14:42 | 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-01/20/2026 Ready for Review-Document Uploaded. Please see attached MTG DOT with legal description - Seller-01/16/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing LD in Mortgage chain - Due Diligence Vendor-01/15/2026 |
Ready for Review-Document Uploaded. Please see attached MTG DOT with legal description - Seller-01/16/2026 |
Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-01/20/2026 |
Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 6.34 months. Qualifying DTI below maximum allowed - Required is 50 Borrower has 33.4 Required is 50 Borrower has 33.4 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 703 Required is 680 Borrower has 703 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7114846 | |
| XXXX | XXXX | 305035368 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305023759 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-01-16 14:41 | 2026-01-22 15:40 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage Document (Deed of Trust) with signature and notary pages - Due Diligence Vendor-01/22/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-01/20/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing signature and notary pages - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-01/20/2026 |
Resolved-Received Mortgage Document (Deed of Trust) with signature and notary pages - Due Diligence Vendor-01/22/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 728 LTV is less than guideline maximum - Required is 75 Borrower has 65.64 Required is 75 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7143647 | |
| XXXX | XXXX | 305035338 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-01-20 12:46 | 2026-01-22 16:42 | 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-01/22/2026 Ready for Review-Document Uploaded. Please see attached - MTG DOT with legal - Seller-01/20/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing borrower signature page and notary page. - Due Diligence Vendor-01/20/2026 |
Ready for Review-Document Uploaded. Please see attached - MTG DOT with legal - Seller-01/20/2026 |
Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-01/22/2026 |
LTV is less than guideline maximum - LTV is less than guideline maximum Required is 75 Borrower has 65 Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 703 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7183431 | |
| XXXX | XXXX | 305035338 | C | A | C | A | A | A | A | A | Closed | FCRE1204 | 2026-01-20 13:43 | 2026-01-22 16:41 | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received XXXX with no matches found. - Due Diligence Vendor-01/22/2026 Ready for Review-Document Uploaded. Please see attached – XXXX.gov look up reflects - No matches found - Seller-01/21/2026 Open-Fraud Report Shows Uncleared Alerts LOAN PARTICIPANTS MATCHES ESCROW OFFICER AND HOMEOWENRS INSURANCE CONTACT TO BE CLEARED. GSA-EPLS MATCHES. - Due Diligence Vendor-01/20/2026 |
Ready for Review-Document Uploaded. Please see attached – XXXX.gov look up reflects - No matches found - Seller-01/21/2026 |
Resolved-Received SAM with no matches found. - Due Diligence Vendor-01/22/2026 |
LTV is less than guideline maximum - LTV is less than guideline maximum Required is 75 Borrower has 65 Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 703 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7184825 | |
| XXXX | XXXX | 305035432 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305039221 | D | A | D | A | A | A | A | A | Closed | FCRE5770 | 2026-01-21 10:50 | 2026-01-23 15:46 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Received Credit Report. - Due Diligence Vendor-01/23/2026 Ready for Review-Document Uploaded. Please see attached Credit report copy - Seller-01/22/2026 Open-Borrower 1 Credit Report is Missing. Borrower's Credit Report is missing form the loan package. Upon receipt, the credit must meet guidelines and additional conditions maybe required. - Due Diligence Vendor-01/21/2026 |
Ready for Review-Document Uploaded. Please see attached Credit report copy - Seller-01/22/2026 |
Resolved-Received Credit Report. - Due Diligence Vendor-01/23/2026 |
Months Reserves exceed minimum required - 9 months required - have 35.48 months Qualifying DTI below maximum allowed - Max DTI is 50 Borrower has 36.51 Required is 50 Borrower has 36.51 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7205378 | |
| XXXX | XXXX | 305039313 | C | A | C | A | A | A | A | A | Closed | FCRE1156 | 2026-01-22 23:29 | 2026-02-05 17:52 | Resolved | 1 - Information | C | A | Credit | Insurance | Named Insured on Hazard Insurance does not match Borrower(s) Name(s) | Resolved-Received HOI with premium and Named Insured matches Borrower(s) Name(s) - Due Diligence Vendor-02/05/2026 Ready for Review-Document Uploaded. Counter is not valid, Insurance does not reflect any amounts owed due to premium was already paid in full. Lender notes no change to premium amount is warranted, no indication for same policy number, same coverage, no change of effective dates and as documentation already provided shows there’s no change in ownership. Please expedite this to be cleared as soon as possible - Seller-02/03/2026 Counter-Received revised policy reflecting vested entity as insured. HOI dec received does not reflect premium. Please provide confirmation of annual premium to confirm no changes. - Due Diligence Vendor-02/01/2026 Ready for Review-Document Uploaded. Please see attached updated HOI - Seller-01/29/2026 Counter-Received duplicate HOI. Name(s) Hazard insurance should be under the XXXX which is the Mortgagor/vested entity. - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. Disagree, Lender notes the loan is in the borrower’s name (Personally liable “XXXX”) and only the vesting is in the XXXX name of which is 100% owned by the borrower. Due to the nature of ownership for the current vesting and the previous vesting, documentation verifies the said borrower is 100% owner of both, no changes are required for this refinance. Furthermore, XXXX is listed as the Mortgagee in the loss payee clause, along with the loan number. - Seller-01/23/2026 Open-Named Insured does not match Borrower(s) Name(s) Hazard insurance should be under the XXXX which is the Mortgagor. - Due Diligence Vendor-01/23/2026 |
Ready for Review-Document Uploaded. Counter is not valid, Insurance does not reflect any amounts owed due to premium was already paid in full. Lender notes no change to premium amount is warranted, no indication for same policy number, same coverage, no change of effective dates and as documentation already provided shows there’s no change in ownership. Please expedite this to be cleared as soon as possible - Seller-02/03/2026 Ready for Review-Document Uploaded. Please see attached updated HOI - Seller-01/29/2026 Ready for Review-Document Uploaded. Disagree, Lender notes the loan is in the borrower’s name (Personally liable “XXXX”) and only the vesting is in the XXXX name of which is 100% owned by the borrower. Due to the nature of ownership for the current vesting and the previous vesting, documentation verifies the said borrower is 100% owner of both, no changes are required for this refinance. Furthermore, XXXX is listed as the Mortgagee in the loss payee clause, along with the loan number. - Seller-01/23/2026 |
Resolved-Received HOI with premium and Named Insured matches Borrower(s) Name(s) - Due Diligence Vendor-02/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - FICO Required is 700 Borrower has 749. Required is 700 Borrower has 749 LTV is less than guideline maximum - LTV Required is 75% Borrower has 70%. Required is 75 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7261330 | |
| XXXX | XXXX | 305039313 | C | A | C | A | A | A | A | A | Closed | FCRE0184 | 2026-01-22 12:48 | 2026-01-26 14:16 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Cash-out Letter on a Business Purpose Loan | Resolved-Received business purpose affidavit confirming business use of funds. - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. Please see attached - Seller-01/23/2026 Open-Missing Cash-out Letter on a Business Purpose Loan. Missing cash out letter. - Due Diligence Vendor-01/22/2026 |
Ready for Review-Document Uploaded. Please see attached - Seller-01/23/2026 |
Resolved-Received business purpose affidavit confirming business use of funds. - Due Diligence Vendor-01/26/2026 |
Qualifying FICO score is at least 20 points above minimum for program - FICO Required is 700 Borrower has 749. Required is 700 Borrower has 749 LTV is less than guideline maximum - LTV Required is 75% Borrower has 70%. Required is 75 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7248312 | |
| XXXX | XXXX | 305039313 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-01-16 13:22 | 2026-01-26 14:14 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of Notary and signature page. - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. Please see attached - Seller-01/23/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. ------Missing Signature and Notary Page. - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. Please see attached - Seller-01/23/2026 |
Resolved-Received complete security instrument inclusive of Notary and signature page. - Due Diligence Vendor-01/26/2026 |
Qualifying FICO score is at least 20 points above minimum for program - FICO Required is 700 Borrower has 749. Required is 700 Borrower has 749 LTV is less than guideline maximum - LTV Required is 75% Borrower has 70%. Required is 75 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7142243 | |
| XXXX | XXXX | 305039263 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305039229 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 305039199 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305051918 | C | B | A | A | C | B | A | A | Closed | finding-3634 | 2026-01-28 13:22 | 2026-02-03 08:52 | 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-02/03/2026 Ready for Review-Document Uploaded. APP DATE XXXX, BORROWER SIGNED XXXX- URLA AND LE ATTACHED - Seller-02/02/2026 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 $XXXX.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 $XXXX(Loan Discount Fee, Mortgage Broker Fee, Underwriting Fee, Appraisal Fee , Credit Report Fee, flood, tax service ) 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 $XXXX, 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. Borrower 1 application date is XXXX, missing all initial disclosures within 3 days of application date. Additional findings may apply upon receipt. - Due Diligence Vendor-01/28/2026 |
Ready for Review-Document Uploaded. APP DATE XXXX, BORROWER SIGNED XXXX- URLA AND LE ATTACHED - Seller-02/02/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-02/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 703 which exceeds the minimum of 680 Required is 680 Borrower has 703 Qualifying DTI below maximum allowed - DTI of 35% is below the maximum allowed per guidelines of 50% Required is 50 Borrower has 35.96 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7335237 | |
| XXXX | XXXX | 305051918 | C | B | A | A | C | B | A | A | Closed | FCOM6233 | 2026-01-28 14:23 | 2026-02-03 08:51 | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing evidence required disclosure provided at application | Resolved-----Received copy of application. Finding Resolved. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. SEE ATTACHED URLA. APP DATED XXXX, BORROWER SIGNED XXXX - Seller-02/02/2026 Open-Borrower 1 application date is XXXX, missing all initial disclosures within 3 days of application date. Additional findings may apply upon receipt. - Due Diligence Vendor-01/28/2026 |
Ready for Review-Document Uploaded. SEE ATTACHED URLA. APP DATED XXXX, BORROWER SIGNED XXXX - Seller-02/02/2026 |
Resolved-----Received copy of application. Finding Resolved. - Due Diligence Vendor-02/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 703 which exceeds the minimum of 680 Required is 680 Borrower has 703 Qualifying DTI below maximum allowed - DTI of 35% is below the maximum allowed per guidelines of 50% Required is 50 Borrower has 35.96 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7336996 | |
| XXXX | XXXX | 305051918 | C | B | A | A | C | B | A | A | Closed | finding-3367 | 2026-01-28 13:22 | 2026-02-03 08:38 | Resolved | 1 - Information | C | A | Compliance | Disclosure | RESPA Homeownership Counseling Organizations Disclosure Date Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. APP DATE XXXX, BORROWER SIGNED XXXX- URLA AND LE ATTACHED - Seller-02/02/2026 Open-This loan failed the homeownership counseling organizations disclosure date test due to the following findings: ( 12 CFR §1024.20(a) )The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(2)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take 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 §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). 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.Please note: This test does not validate the content of any list of homeownership counseling organizations. -----Borrower 1 application date is XXXX, missing all initial disclosures within 3 days of application date. Additional findings may apply upon receipt. - Due Diligence Vendor-01/28/2026 |
Ready for Review-Document Uploaded. APP DATE XXXX, BORROWER SIGNED XXXX- URLA AND LE ATTACHED - Seller-02/02/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-02/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 703 which exceeds the minimum of 680 Required is 680 Borrower has 703 Qualifying DTI below maximum allowed - DTI of 35% is below the maximum allowed per guidelines of 50% Required is 50 Borrower has 35.96 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7335236 | |
| XXXX | XXXX | 305051918 | C | B | A | A | C | B | A | A | Closed | finding-3635 | 2026-01-28 13:23 | 2026-02-03 08:38 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. - Seller-02/02/2026 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% ($XXXX) exceed the comparable charges ($XXX) 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 (closing protection, lender's title insurance, settlement, endorsement, e filing, recording fee) increased by $XXXX 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 $XXXX, 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. Borrower 1 application date is XXXX, missing all initial disclosures within 3 days of application date. Additional findings may apply upon receipt. - Due Diligence Vendor-01/28/2026 |
Ready for Review-Document Uploaded. - Seller-02/02/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-02/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 703 which exceeds the minimum of 680 Required is 680 Borrower has 703 Qualifying DTI below maximum allowed - DTI of 35% is below the maximum allowed per guidelines of 50% Required is 50 Borrower has 35.96 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7335241 | |
| XXXX | XXXX | 305051918 | C | B | A | A | C | B | A | A | Closed | finding-3515 | 2026-01-28 13:23 | 2026-02-03 08:38 | Resolved | 1 - Information | C | A | Compliance | TRID | Initial Loan Estimate Delivery Date Test (from application) | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. APP DATE IS XXXX, BORROWER SIGNED XXXX- URLA & LE ATTACHED - Seller-02/02/2026 Open-This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is 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 or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.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)(1)(iii)(A) (initial loan estimate disclosure three business days after application). 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.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application. -----Missing initial LE dated within 3 days of Application date 10/31/2025. Additional Findings may apply upon receipt. statute of Limitations - 1 year, expiration date XXXX Borrower 1 application date is XXXX, missing all initial disclosures within 3 days of application date. - Due Diligence Vendor-01/28/2026 |
Ready for Review-Document Uploaded. APP DATE IS XXXX, BORROWER SIGNED XXXX- URLA & LE ATTACHED - Seller-02/02/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-02/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 703 which exceeds the minimum of 680 Required is 680 Borrower has 703 Qualifying DTI below maximum allowed - DTI of 35% is below the maximum allowed per guidelines of 50% Required is 50 Borrower has 35.96 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7335242 | |
| XXXX | XXXX | 305051918 | C | B | A | A | C | B | A | A | Closed | finding-3838 | 2026-01-28 13:23 | 2026-02-03 08:38 | Resolved | 1 - Information | C | A | Compliance | ComplianceEase | Written List of Service Providers Disclosure Date Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. APP DATE IS XXXX, BORROWER SIGNED XXXX- URLA ATTACHED - Seller-02/02/2026 Open-This loan failed the written list of service providers disclosure date test for one or more of the following reasons: ( 12 CFR §1026.19(e)(1)(vi) )The written list of service providers disclosure date is either:Less than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction; orLater 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)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 §1026.19(e)(1)(e)(1)(iii) §1026.2(a)(6) and as it relates to §1026.19(a)(1)(vi) (which references the timing requirements for the loan estimate disclosure three business days after application). 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:NoneAs not being open on PLEASE 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 the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least one available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii). -----Borrower 1 application date is XXXX, missing all initial disclosures within 3 days of application date. Additional findings may apply upon receipt. - Due Diligence Vendor-01/28/2026 |
Ready for Review-Document Uploaded. APP DATE IS XXXX, BORROWER SIGNED XXXX- URLA ATTACHED - Seller-02/02/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-02/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 703 which exceeds the minimum of 680 Required is 680 Borrower has 703 Qualifying DTI below maximum allowed - DTI of 35% is below the maximum allowed per guidelines of 50% Required is 50 Borrower has 35.96 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7335248 | |
| XXXX | XXXX | 305051918 | C | B | A | A | C | B | A | A | Closed | FCOM1302 | 2026-01-28 12:29 | 2026-01-28 14:06 | 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 '66'). ----- Originator waiver applied to non-material Findings. - Due Diligence Vendor-01/28/2026 | Waived-The Home Loan Toolkit was not provided within 3 days of the Application Date (Number of Days Difference is '66'). ----- Originator waiver applied to non-material Findings. - Due Diligence Vendor-01/28/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 703 which exceeds the minimum of 680 Required is 680 Borrower has 703 Qualifying DTI below maximum allowed - DTI of 35% is below the maximum allowed per guidelines of 50% Required is 50 Borrower has 35.96 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 7334037 | |||
| XXXX | XXXX | 305055892 | D | A | D | A | A | A | C | A | Closed | FCRE1440 | 2026-01-30 18:40 | 2026-02-17 10:19 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Client provided credit supplement reflecting 12 month pay history - Due Diligence Vendor-02/17/2026 Ready for Review-Document Uploaded. - Seller-02/13/2026 Counter-Finding remains. Yes a credit supplement will be sufficient - Due Diligence Vendor-02/12/2026 Ready for Review-Hi! Will you accept a credit supplement to verify the mortgage history? - Seller-02/10/2026 Counter-Finding remains..Lender provided 12 months bank statements. Per GL when mortgage is not reporting on credit, must provide VOM, in lieu of VOM borrower to provide cancelled checks or bank statements (payoff already in file) - Due Diligence Vendor-02/09/2026 Ready for Review-Document Uploaded. - Seller-02/05/2026 Open-Housing History Does Not Meet Guideline Requirements Missing VOM for subject showing no more than 1x30x12. Must comment if balloon feature on loan. Additional findings may apply. - Due Diligence Vendor-01/30/2026 |
Ready for Review-Document Uploaded. - Seller-02/13/2026 Ready for Review-Hi! Will you accept a credit supplement to verify the mortgage history? - Seller-02/10/2026 Ready for Review-Document Uploaded. - Seller-02/05/2026 |
Resolved-Client provided credit supplement reflecting 12 month pay history - Due Diligence Vendor-02/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 729 LTV is less than guideline maximum - Required is 80 Borrower has 49.38 Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.48 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 7384356 | |
| XXXX | XXXX | 305055892 | D | A | D | A | A | A | C | A | Closed | FCRE1304 | 2026-01-30 18:30 | 2026-02-09 08:38 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 1 Income Trend is Decreasing | Resolved-Lender provided rebuttal. When calculating the deposits less exclusions the lender is correct. the difference is XXXX. which is a 1% decrease - Due Diligence Vendor-02/09/2026 Ready for Review-Document Uploaded. - Seller-02/05/2026 Open-Income 1 Income Trend is Decreasing Missing letter of explanation for 13% decline from the previous 12 months to the most recent 12 months. - Due Diligence Vendor-01/30/2026 |
Ready for Review-Document Uploaded. - Seller-02/05/2026 |
Resolved-Lender provided rebuttal. When calculating the deposits less exclusions the lender is correct. the difference is $XXXX. which is a 1% decrease - Due Diligence Vendor-02/09/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 729 LTV is less than guideline maximum - Required is 80 Borrower has 49.38 Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.48 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 7384082 | |
| XXXX | XXXX | 305055892 | D | A | D | A | A | A | C | A | Closed | FCRE1152 | 2026-01-30 18:07 | 2026-02-09 08:27 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Evidence of Property Tax is present - Due Diligence Vendor-02/09/2026 Ready for Review-Document Uploaded. - Seller-02/05/2026 Open-Missing Evidence of Property Tax Missing clarification if special taxing districts noted under Sch B Pt II No 9 are included in the taxes of XXXX. additional findings may apply. - Due Diligence Vendor-01/30/2026 |
Ready for Review-Document Uploaded. - Seller-02/05/2026 |
Resolved-Evidence of Property Tax is present - Due Diligence Vendor-02/09/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 729 LTV is less than guideline maximum - Required is 80 Borrower has 49.38 Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.48 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 7383823 | |
| XXXX | XXXX | 305055892 | D | A | D | A | A | A | C | A | Closed | FPRO1257 | 2026-01-30 18:11 | 2026-02-09 08:26 | Resolved | 1 - Information | C | A | Property | Value | Primary Property Value is not Substantiated | Resolved-Client provided CU with a score of 1.6 - Due Diligence Vendor-02/09/2026 Ready for Review-Document Uploaded. - Seller-02/05/2026 Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. Missing acceptable secondary valuation within allowable tolerance to support the appraised value. Original appraiser to address any discrepancies between the review and Original Appraisal. Additional findings may apply. - Due Diligence Vendor-01/30/2026 |
Ready for Review-Document Uploaded. - Seller-02/05/2026 |
Resolved-Client provided CU with a score of 1.6 - Due Diligence Vendor-02/09/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 729 LTV is less than guideline maximum - Required is 80 Borrower has 49.38 Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.48 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 7383841 | |
| XXXX | XXXX | 305055897 | D | B | D | A | C | B | C | A | Closed | FPRO1257 | 2026-02-03 07:34 | 2026-03-18 17:03 | Resolved | 1 - Information | C | A | Property | Value | Primary Property Value is not Substantiated | Resolved-Client provided CU with a score of 1.7 - Due Diligence Vendor-02/08/2026 Ready for Review-Document Uploaded. - Seller-02/05/2026 Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. Missing Secondary Valuation as required per guidelines. - Due Diligence Vendor-02/03/2026 |
Ready for Review-Document Uploaded. - Seller-02/05/2026 |
Resolved-Client provided CU with a score of 1.7 - Due Diligence Vendor-02/08/2026 |
LTV is less than guideline maximum - Required is 85 Borrower has 38.57 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 731 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7412622 | |
| XXXX | XXXX | 305055897 | D | B | D | A | C | B | C | A | Closed | FCRE1355 | 2026-02-03 09:39 | 2026-02-13 15:52 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 CPA Letter Missing | Resolved-Document Uploaded. The company is that of a virtual nature. - Due Diligence Vendor-02/13/2026 Counter-Finding remains...Client provided business search to clear condition. The document provided states they will help clients Hands On and run events Personal and Virutal. - Due Diligence Vendor-02/08/2026 Ready for Review-Document Uploaded. - Seller-02/05/2026 Open-Borrower 2 CPA Letter Missing Missing letter from CPA stating what the affect, if any, that the move from XXXX to XXXX will have on the B2's business. Additional findings may apply after review - Due Diligence Vendor-02/03/2026 |
Ready for Review-Document Uploaded. - Seller-02/05/2026 |
Resolved-Document Uploaded. The company is that of a virtual nature. - Due Diligence Vendor-02/13/2026 |
LTV is less than guideline maximum - Required is 85 Borrower has 38.57 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 731 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7415175 | |
| XXXX | XXXX | 305055897 | D | B | D | A | C | B | C | A | Closed | finding-3634 | 2026-01-29 07:21 | 2026-02-06 09:06 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved------Received COC XXXX, loan amount increase. Finding resolved. - Due Diligence Vendor-02/06/2026 Ready for Review-Document Uploaded. - Seller-02/05/2026 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 $XXXX.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 $210.00 Loan Discount 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 $XXXX, 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-01/29/2026 |
Ready for Review-Document Uploaded. - Seller-02/05/2026 |
Resolved------Received COC XXXX, loan amount increase. Finding resolved. - Due Diligence Vendor-02/06/2026 |
LTV is less than guideline maximum - Required is 85 Borrower has 38.57 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 731 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7346649 | |
| XXXX | XXXX | 305055897 | D | B | D | A | C | B | C | A | Closed | FCRE2371 | 2026-02-03 09:03 | 2026-02-04 15:26 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing final HUD-1 from sale of non-subject property | Resolved-Received final settlement statement for XXXX - Due Diligence Vendor-02/04/2026 Ready for Review-Document Uploaded. - Seller-02/03/2026 Open-Missing Final Settlement Statement for REO 3A as reflected on Final 1003. - Due Diligence Vendor-02/03/2026 |
Ready for Review-Document Uploaded. - Seller-02/03/2026 |
Resolved-Received final settlement statement for XXXX. - Due Diligence Vendor-02/04/2026 |
LTV is less than guideline maximum - Required is 85 Borrower has 38.57 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 731 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7414414 | |
| XXXX | XXXX | 305055897 | D | B | D | A | C | B | C | A | Closed | FCOM5135 | 2026-01-28 14:38 | 2026-01-29 08:19 | 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-01/29/2026 | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material findings - Due Diligence Vendor-01/29/2026 |
LTV is less than guideline maximum - Required is 85 Borrower has 38.57 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 731 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 7337289 | |||
| XXXX | XXXX | 305051908 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305051993 | D | B | D | B | A | A | A | A | Closed | FCRE8887 | 2026-02-09 13:05 | 2026-03-03 10:37 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Client provided explanation as to why CB 1003 dated after Note date. - Due Diligence Vendor-03/03/2026 Ready for Review-Lender notes B2 was not able to sign a final Commercial loan application at time of loan docs being signed due to LOS SYS did not auto populate one / did not generate. The closing department generated said application to be executed after and that is way the date is XXXX, this has been reconciled now and should suffice. Please expedite this to be cleared as soon as possible - Seller-02/27/2026 Counter-Received final 1003 for borrower dated XX/XX which matches note. 1003 for Coborrower is dated XXXX, provide final 1003 for CB dated XXXX - Due Diligence Vendor-02/26/2026 Ready for Review-Document Uploaded. Please see attached, Please expedite this to be cleared as soon as possible - Seller-02/24/2026 Counter-Finding remains. Lender provided fully executed Initial 1003 for both borrowers, missing fully executed Final 1003 for both borrowers. final 1003 in upload for different borrower, page 145 in upload - Due Diligence Vendor-02/11/2026 Ready for Review-Document Uploaded. Both Final 1003 applications are attached one for each, B1 & B2 - Seller-02/09/2026 Open-Missing final signed application for B2. - Due Diligence Vendor-02/09/2026 |
Ready for Review-Lender notes B2 was not able to sign a final Commercial loan application at time of loan docs being signed due to LOS SYS did not auto populate one / did not generate. The closing department generated said application to be executed after and that is way the date is XXXX, this has been reconciled now and should suffice. Please expedite this to be cleared as soon as possible - Seller-02/27/2026 Ready for Review-Document Uploaded. Please see attached, Please expedite this to be cleared as soon as possible - Seller-02/24/2026 Ready for Review-Document Uploaded. Both Final 1003 applications are attached one for each, B1 & B2 - Seller-02/09/2026 |
Resolved-Client provided explanation as to why CB 1003 dated after Note date. - Due Diligence Vendor-03/03/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 60 Required is 75 Borrower has 60 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 812 Required is 700 Borrower has 812 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7520089 | |
| XXXX | XXXX | 305051993 | D | B | D | B | A | A | A | A | Closed | FCRE1441 | 2026-02-09 11:18 | 2026-02-11 15:57 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Waived-Client Provided Approved Exception for 1X30 - Due Diligence Vendor-02/11/2026 Ready for Review-Document Uploaded. Please see attached - Seller-02/09/2026 Open-Delinquent Credit History Does Not Meet Guideline Requirements Provide proof of approved exception for 1X30 mortgage late within 12m, missing from file. (UW notes on 1008 indicate an exception for mortgage late was approved). - Due Diligence Vendor-02/09/2026 |
Ready for Review-Document Uploaded. Please see attached - Seller-02/09/2026 |
Waived-Client Provided Approved Exception for 1X30 - Due Diligence Vendor-02/11/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 60 Required is 75 Borrower has 60 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 812 Required is 700 Borrower has 812 |
Fico score is at least 20 points above minimum for Program LTV is 5% less than guidelines |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 7517131 |
| XXXX | XXXX | 305051977 | C | A | C | A | A | A | A | A | Closed | FCRE1506 | 2026-02-11 09:48 | 2026-04-14 17:21 | 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-02/20/2026 Ready for Review-Please refer to comments and uploaded document in related finding. - Seller-02/19/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. ATR/QM Status Pending: Audit DTI 63.07% exceeds program maximum of 50%. (Audit included 2 auto loans that lender did not. No supporting docs for exclusion of these installment loans). - Due Diligence Vendor-02/11/2026 |
Ready for Review-Please refer to comments and uploaded document in related finding. - Seller-02/19/2026 |
Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-02/20/2026 |
LTV is less than guideline maximum - Required is 85 Borrower has 80 Required is 90 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 721 Required is 620 Borrower has 721 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7558430 | ||
| XXXX | XXXX | 305051977 | C | A | C | A | A | A | A | A | Closed | FCRE1193 | 2026-02-11 09:54 | 2026-02-20 13:23 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Received credit supplement to support < 10 months remaining. Audited DTI of 48.79% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-02/20/2026 Ready for Review-Document Uploaded. Please see attached credit supplement verifying both auto loans have less than 10 payments, hence the reason why they were not included in the DTI calculations. - Seller-02/19/2026 Open-Audited DTI of 63.07% exceeds Guideline DTI of 50% Finding Added: Audit DTI 63.07% exceeds program maximum of 50%. (Lender did not include two Auto loans (XXXX XXXX & XXXX XXXX) in obligations; however file did not contained evidence to support exclusion). - Due Diligence Vendor-02/11/2026 |
Ready for Review-Document Uploaded. Please see attached credit supplement verifying both auto loans have less than 10 payments, hence the reason why they were not included in the DTI calculations. - Seller-02/19/2026 |
Resolved-Received credit supplement to support < 10 months remaining. Audited DTI of 48.79% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-02/20/2026 |
LTV is less than guideline maximum - Required is 85 Borrower has 80 Required is 90 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 721 Required is 620 Borrower has 721 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7558647 | |
| XXXX | XXXX | 305051943 | D | A | D | A | A | A | A | A | Closed | FCRE8611 | 2026-02-11 12:58 | 2026-02-20 16:27 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-If a borrower is primarily a wage earner and does not need to rely on the partnership income to qualify, the lender may exclude the self-employment loss entirely, per XXXX. - Due Diligence Vendor-02/20/2026 Counter-XXXX states W-2 wage earner with a separate self-employment loss can often exclude the loss if they qualify solely on their base salary. The loss reported on the 1040's is substantial. Please provide the documentation to support the UW's decision to exclude the loss. - Due Diligence Vendor-02/19/2026 Ready for Review-As previously noted, XXXX permits lenders to ignore business losses shown on a borrower’s tax returns when the borrower has other stable qualifying income sufficient to qualify for the mortgage. - Seller-02/18/2026 Counter-Received confirmation borrower qualifying on Wage only. Missing documentation supporting exclusion off partnership (rental) losses as reflecting on 1040. Original finding remains. - Due Diligence Vendor-02/17/2026 Ready for Review-The borrower was qualified with W2/paystub wages as a Manager. XXXX permits lenders to ignore business losses shown on a borrower’s tax returns when the borrower has other stable qualifying income sufficient to qualify for the mortgage. - Seller-02/12/2026 Open-Provide supporting documentation and rationale for not including partnership losses claimed on 1040s. (Inclusion of losses claimed on 1040s pushes DTI over limits). - Due Diligence Vendor-02/11/2026 |
Ready for Review-As previously noted, XXXX permits lenders to ignore business losses shown on a borrower’s tax returns when the borrower has other stable qualifying income sufficient to qualify for the mortgage. - Seller-02/18/2026 Ready for Review-The borrower was qualified with W2/paystub wages as a Manager. XXXX permits lenders to ignore business losses shown on a borrower’s tax returns when the borrower has other stable qualifying income sufficient to qualify for the mortgage. - Seller-02/12/2026 |
Resolved-If a borrower is primarily a wage earner and does not need to rely on the partnership income to qualify, the lender may exclude the self-employment loss entirely, per XXXX. - Due Diligence Vendor-02/20/2026 |
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 39.23 Required is 50 Borrower has 39.23 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7563559 | ||
| XXXX | XXXX | 305051943 | D | A | D | A | A | A | A | A | Closed | FCRE1335 | 2026-02-11 15:06 | 2026-02-20 16:27 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-The self-employed income has been resolved. - Due Diligence Vendor-02/20/2026 Counter-W-2's provided, transcripts are not required. Transcripts may need to be provided pending the resolution of the self employment income loss. - Due Diligence Vendor-02/19/2026 Ready for Review-As previously noted, XXXX permits lenders to ignore business losses shown on a borrower’s tax returns when the borrower has other stable qualifying income sufficient to qualify for the mortgage. - Seller-02/18/2026 Counter-Received 4506 C for 1040s. Pending confirmation and rationale of not using partnership losses. Original finding remains. - Due Diligence Vendor-02/17/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-02/12/2026 Open-Borrower 1 IRS Transcripts Missing IRS Transcripts Missing - Due Diligence Vendor-02/11/2026 |
Ready for Review-As previously noted, XXXX permits lenders to ignore business losses shown on a borrower’s tax returns when the borrower has other stable qualifying income sufficient to qualify for the mortgage. - Seller-02/18/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-02/12/2026 |
Resolved-The self-employed income has been resolved. - Due Diligence Vendor-02/20/2026 |
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 39.23 Required is 50 Borrower has 39.23 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7566625 | |
| XXXX | XXXX | 305051943 | D | A | D | A | A | A | A | A | Closed | FCRE1198 | 2026-02-11 13:05 | 2026-02-19 15:18 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Upon further review, XXXX account is an authorized user only and has been excluded. Audited Reserves of 10.3 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. Please see attached and note, the borrower is an Authorized User on the XXXX account XXXX. - Seller-02/18/2026 Counter-Received credit refresh reflecting only 1 open XXXX monthly. Missing corrected final 1003 reflecting XXXX open reflecting zero balance. Currently reflects XXXX from original credit report. - Due Diligence Vendor-02/17/2026 Ready for Review-Document Uploaded. According to the attached Credit refresh, the 30-day XXXX balance was XXXX. The delivered loan file included sufficient assets to support the required 3-months in reserves totaling XXXX, the CTC totaling XXXX and the payoff of the 30-day XXXX balance of XXXX, leaving a surplus in assets of approximately XXXX. - Seller-02/12/2026 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 3 month(s) Provide additional assets to meet reserve requirements. (Reducing assets by 2 XXXX Open accounts results in reserves shortage). - Due Diligence Vendor-02/11/2026 |
Ready for Review-Document Uploaded. Please see attached and note, the borrower is an Authorized User on the XXXX account XXXX. - Seller-02/18/2026 Ready for Review-Document Uploaded. According to the attached Credit refresh, the 30-day XXXX balance was XXXX. The delivered loan file included sufficient assets to support the required 3-months in reserves totaling XXXX, the CTC totaling XXXX and the payoff of the 30-day XXXX balance of XXXX, leaving a surplus in assets of approximately XXXX. - Seller-02/12/2026 |
Resolved-Upon further review, XXXX account is an authorized user only and has been excluded. Audited Reserves of 10.3 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-02/19/2026 |
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 39.23 Required is 50 Borrower has 39.23 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7563708 | |
| XXXX | XXXX | 305051943 | D | A | D | A | A | A | A | A | Closed | FCRE1324 | 2026-02-11 11:43 | 2026-02-19 15:05 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Borrower 1 Tax Returns Not Signed | Resolved-Received 4506 C in lieu of signed tax returns. - Due Diligence Vendor-02/17/2026 Ready for Review-Per XXXX, if the income from the tax return is not used to qualify, XXXX does not require signing the tax return—because no return is needed. As such, the tax returns do not need to be signed. - Seller-02/12/2026 Open-Borrower 1 Tax Returns Not Signed Provide signed XXXX 1040s. - Due Diligence Vendor-02/11/2026 |
Ready for Review-Per XXXX, if the income from the tax return is not used to qualify, XXXX does not require signing the tax return—because no return is needed. As such, the tax returns do not need to be signed. - Seller-02/12/2026 |
Resolved-Received 4506 C in lieu of signed tax returns. - Due Diligence Vendor-02/17/2026 |
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 39.23 Required is 50 Borrower has 39.23 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7561880 | ||
| XXXX | XXXX | 305051938 | D | A | D | A | A | A | A | A | Closed | FCRE1202 | 2026-02-11 19:09 | 2026-02-18 16:56 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Received Fraud Report with all participants. - Due Diligence Vendor-02/18/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-02/17/2026 Counter-Finding remains. DV provided, missing Title Co and Title Agent. - Due Diligence Vendor-02/17/2026 Ready for Review-Document Uploaded. - Seller-02/12/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-02/12/2026 Open-Third Party Fraud Report Partially Provided The seller's name has not been ran through XXXX or against Third Party Exclusionary lists. - Due Diligence Vendor-02/12/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-02/17/2026 Ready for Review-Document Uploaded. - Seller-02/12/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-02/12/2026 |
Resolved-Received Fraud Report with all participants. - Due Diligence Vendor-02/18/2026 |
Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 9+ Years – Minimum = 2 Years Residual Income =/> 1.5 times $XXXX monthly residual income - Residual Income =/> 1.5 times $XXXX monthly residual income - Qualifying residual $XXXX; minimum required NONE Months Reserves exceed minimum required - 6 months of reserves required, 38 months verified. |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7572818 | |
| XXXX | XXXX | 305051938 | D | A | D | A | A | A | A | A | Closed | FCRE1510 | 2026-02-09 15:57 | 2026-02-17 07:53 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Client provided Ex A legal description - Due Diligence Vendor-02/17/2026 Ready for Review-Document Uploaded. The requested document was included in the delivered loan file. Please refer to pages 676-692 and attached herein. - Seller-02/12/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Ex A; Legal (not in closing package) - Due Diligence Vendor-02/09/2026 |
Ready for Review-Document Uploaded. The requested document was included in the delivered loan file. Please refer to pages 676-692 and attached herein. - Seller-02/12/2026 |
Resolved-Client provided Ex A legal description - Due Diligence Vendor-02/17/2026 |
Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 9+ Years – Minimum = 2 Years Residual Income =/> 1.5 times $XXXX monthly residual income - Residual Income =/> 1.5 times $XXXX monthly residual income - Qualifying residual $XXXX; minimum required NONE Months Reserves exceed minimum required - 6 months of reserves required, 38 months verified. |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7523945 | |
| XXXX | XXXX | 305051991 | C | B | C | B | A | A | A | A | Closed | FCRE0138 | 2026-02-12 00:47 | 2026-02-25 11:52 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Cash out is more than the maximum allowed per LTV guidelines | Waived-Originator provided a waiver for cash proceeds of XXXX > XXXX allowed, applied to non material finding with comp factors - Due Diligence Vendor-02/25/2026 Ready for Review-Document Uploaded. Please see attached exception allowing the borrower to receive more than XXXX at closing - Seller-02/20/2026 Counter-Received rebuttal confirming max cash in hand is XXXX. Original finding remains. - Due Diligence Vendor-02/17/2026 Ready for Review-Document Uploaded. Per the Velvet XXXX DSCR Product Matrix – Product Overlays, the program guidelines state: Maximum Cash-Out: $XXXX Maximum Cash-In-Hand: $XXXX The Closing Disclosure reflects cash to borrower of XXXX, which exceeds the XXXX Cash-In-Hand overlay by XXXX. While the variance is minimal and immaterial, it does technically exceed the stated Maximum Cash-In-Hand limit by XXXX. However, the loan remains compliant with the Maximum Cash-Out limit of XXXX per the matrix. Given the nominal overage amount, this appears to be a minor tolerance variance rather than a material guideline breach. Please clear this finding. - Seller-02/12/2026 Open-Cash Out amount over XXXX Per CD Borrower received XXXX ,and exceeds the max allowed of XXXX cash back. - Due Diligence Vendor-02/12/2026 |
Ready for Review-Document Uploaded. Please see attached exception allowing the borrower to receive more than $XXXX at closing - Seller-02/20/2026 Ready for Review-Document Uploaded. Per the Velvet XXXX DSCR Product Matrix – Product Overlays, the program guidelines state: Maximum Cash-Out: $2,500,000 Maximum Cash-In-Hand: $500,000 The Closing Disclosure reflects cash to borrower of XXXX, which exceeds the XXXX Cash-In-Hand overlay by XXXX. While the variance is minimal and immaterial, it does technically exceed the stated Maximum Cash-In-Hand limit by XXXX. However, the loan remains compliant with the Maximum Cash-Out limit of XXXX per the matrix. Given the nominal overage amount, this appears to be a minor tolerance variance rather than a material guideline breach. Please clear this finding. - Seller-02/12/2026 |
Waived-Originator provided a waiver for cash proceeds of $$XXXX > $XXXX allowed, applied to non material finding with comp factors - Due Diligence Vendor-02/25/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 60.82 Required is 75 Borrower has 60.82 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 754 Required is 680 Borrower has 754 |
FICO: 20pts above minimum CLT 5% less than Max allowed |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 7575309 |
| XXXX | XXXX | 305051940 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-02-10 14:31 | 2026-02-17 16:06 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-02/17/2026 Ready for Review-Document Uploaded. Please see attached - Seller-02/12/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description attached to deed of trust. - Due Diligence Vendor-02/10/2026 |
Ready for Review-Document Uploaded. Please see attached - Seller-02/12/2026 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-02/17/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 35.8 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 742 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7543553 | |
| XXXX | XXXX | 305051967 | C | A | C | A | A | A | A | A | Closed | FCRE1506 | 2026-02-12 11:04 | 2026-02-20 13:38 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Credit finding has been resolved. - Due Diligence Vendor-02/20/2026 Ready for Review-Document Uploaded. A copy of the Solar Lease Agreement has been provided. The lease document confirms the system was fully paid by the seller under a 20-year lease term ending in XXXX. Additionally, the Title Supplemental Report states that Items 9 and 10 (referencing the interest of XXXX and XXXX) will not appear on the Final Title Policy when issued. This confirms there will be no outstanding solar lien or obligation affecting the buyer. Per the purchase contract and supporting title documentation: • The buyer is not obligated on any solar lease or payment. • There is no transfer of lease obligation to the buyer. • The solar system remains subject to the original lease terms and does not transfer ownership to the buyer at lease end. This documentation supports our original response and confirms there is no solar obligation impacting the borrower. Please clear this finding. - Seller-02/19/2026 Counter-Pending confirmation solar lease is paid in full. - Due Diligence Vendor-02/17/2026 Ready for Review-Document Uploaded. Document Uploaded. Please see attached Solar Lease Document stating Fully paid for 20 years lease concluding in XXXX. At the end of the lease , buyer does not own the solar system. Please clear this finding. - Seller-02/13/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Upon receipt of proof if the Solar Lease has ended or that the Borrower has taken over the Solar Lease payments, at that time then the ATR/QM can be determined. Upon receipt of the information, additional conditions maybe required and ATR/QM can be determined. - Due Diligence Vendor-02/12/2026 |
Ready for Review-Document Uploaded. A copy of the Solar Lease Agreement has been provided. The lease document confirms the system was fully paid by the seller under a 20-year lease term ending in XXXX. Additionally, the Title Supplemental Report states that Items 9 and 10 (referencing the interest of XXXX and XXXX) will not appear on the Final Title Policy when issued. This confirms there will be no outstanding solar lien or obligation affecting the buyer. Per the purchase contract and supporting title documentation: • The buyer is not obligated on any solar lease or payment. • There is no transfer of lease obligation to the buyer. • The solar system remains subject to the original lease terms and does not transfer ownership to the buyer at lease end. This documentation supports our original response and confirms there is no solar obligation impacting the borrower. Please clear this finding. - Seller-02/19/2026 Ready for Review-Document Uploaded. Document Uploaded. Please see attached Solar Lease Document stating Fully paid for 20 years lease concluding in March 2032. At the end of the lease , buyer does not own the solar system. Please clear this finding. - Seller-02/13/2026 |
Resolved-Credit finding has been resolved. - Due Diligence Vendor-02/20/2026 |
Qualifying DTI below maximum allowed - Max DTI is 45 Borrower has 17.09 Required is 45 Borrower has 17.09 Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 680 Borrower has 749 Required is 680 Borrower has 749 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7585103 | |
| XXXX | XXXX | 305051967 | C | A | C | A | A | A | A | A | Closed | FCRE1505 | 2026-02-12 11:02 | 2026-02-20 13:36 | Resolved | 1 - Information | C | A | Credit | Eligibility | Tradelines do not meet Guideline Requirements | Resolved-Received confirmation, solar is released/paid. - Due Diligence Vendor-02/20/2026 Ready for Review-Document Uploaded. A copy of the Solar Lease Agreement has been provided. The lease document confirms the system was fully paid by the seller under a 20-year lease term ending inXXXX. Additionally, the Title Supplemental Report states that Items 9 and 10 (referencing the interest of XXXX and XXXX) will not appear on the Final Title Policy when issued. This confirms there will be no outstanding solar lien or obligation affecting the buyer. Per the purchase contract and supporting title documentation: • The buyer is not obligated on any solar lease or payment. • There is no transfer of lease obligation to the buyer. • The solar system remains subject to the original lease terms and does not transfer ownership to the buyer at lease end. This documentation supports our original response and confirms there is no solar obligation impacting the borrower. Please clear this finding. - Seller-02/19/2026 Counter-Received solar addendum page from purchase contract. Missing confirmation lease is paid in full. - Due Diligence Vendor-02/17/2026 Ready for Review-Document Uploaded. Please see attached Solar Lease Document stating Fully paid for 20 years lease concluding in XXXX. At the end of the lease , buyer does not own the solar system. Please clear this finding. - Seller-02/13/2026 Ready for Review-Document Uploaded. Please see attached Solar Lease Document stating Fully paid for 20 years lease concluding in XXXX. At the end of the lease , buyer does not own the solar system. Please clear this finding. - Seller-02/13/2026 Open-The Tradelines for the borrower(s) do not meet the guideline requirements. Missing proof that the Solar Lease that the Seller(s) had was paid in full & satisfied by the Sellers or that the Borrower has taken over the remaining Lease. If the Borrower has taken over the Solar Lease, the payment must be included into the DTI. Upon receipt, additional conditions maybe required. - Due Diligence Vendor-02/12/2026 |
Ready for Review-Document Uploaded. A copy of the Solar Lease Agreement has been provided. The lease document confirms the system was fully paid by the seller under a 20-year lease term ending in XXXX. Additionally, the Title Supplemental Report states that Items 9 and 10 (referencing the interest of XXXX and XXXX) will not appear on the Final Title Policy when issued. This confirms there will be no outstanding solar lien or obligation affecting the buyer. Per the purchase contract and supporting title documentation: • The buyer is not obligated on any solar lease or payment. • There is no transfer of lease obligation to the buyer. • The solar system remains subject to the original lease terms and does not transfer ownership to the buyer at lease end. This documentation supports our original response and confirms there is no solar obligation impacting the borrower. Please clear this finding. - Seller-02/19/2026 Ready for Review-Document Uploaded. Please see attached Solar Lease Document stating Fully paid for 20 years lease concluding in XXXX. At the end of the lease , buyer does not own the solar system. Please clear this finding. - Seller-02/13/2026 Ready for Review-Document Uploaded. Please see attached Solar Lease Document stating Fully paid for 20 years lease concluding in XXXX. At the end of the lease , buyer does not own the solar system. Please clear this finding. - Seller-02/13/2026 |
Resolved-Received confirmation, solar is released/paid. - Due Diligence Vendor-02/20/2026 |
Qualifying DTI below maximum allowed - Max DTI is 45 Borrower has 17.09 Required is 45 Borrower has 17.09 Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 680 Borrower has 749 Required is 680 Borrower has 749 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7585058 | |
| XXXX | XXXX | 305055939 | C | A | A | A | C | A | A | A | Closed | FCOM3605 | 2026-02-09 11:13 | 2026-02-19 08:51 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID: CD not delivered at least 3 days prior to consummation | Resolved------Received initial CD XXXX. Finding Resolved. - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. - Seller-02/18/2026 Open-Missing initial CD acknowledged by borrower a minimum of 3 days prior to consummation. Additional findings may apply upon receipt. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-02/09/2026 |
Ready for Review-Document Uploaded. - Seller-02/18/2026 |
Resolved------Received initial CD XXXX. Finding Resolved. - Due Diligence Vendor-02/19/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 35.59 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 85 Borrower has 80 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7516871 | |
| XXXX | XXXX | 305055932 | C | B | C | B | C | A | A | A | Closed | FCRE5790 | 2026-02-14 11:55 | 2026-03-02 09:44 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-UDM provides dated after close. Supplement to show XXXX vacation is current at close. - Due Diligence Vendor-03/02/2026 Counter-Credit Supplement provided. Please provide the Gap Report dated within 10 days. - Due Diligence Vendor-02/25/2026 Ready for Review-Document Uploaded. There is a credit supplement in the file verifying the borrower was paid current at closing. I’ve attached it here again. - Seller-02/24/2026 Counter-Received UDM. UMD confirm XXXX is 60 days delinquent at time of close. Review of guideline- XXXX Past Due Accounts-Consumer debts must be no more than 30 days past due at the time of closing. - Due Diligence Vendor-02/20/2026 Ready for Review-Document Uploaded. - Seller-02/19/2026 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). 12 days old - Due Diligence Vendor-02/17/2026 |
Ready for Review-Document Uploaded. There is a credit supplement in the file verifying the borrower was paid current at closing. I’ve attached it here again. - Seller-02/24/2026 Ready for Review-Document Uploaded. - Seller-02/19/2026 |
Resolved-UDM provides dated after close. Supplement to show XXXX vacation is current at close. - Due Diligence Vendor-03/02/2026 |
Qualifying DTI below maximum allowed - Required is 43 Borrower has 13.4 Residual Income =/> 1.5 times $XXXX monthly residual income - $XXXX in residual income exceeds $XXXX |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7622601 | |
| XXXX | XXXX | 305055932 | C | B | C | B | C | A | A | A | Closed | FCRE0197 | 2026-02-14 12:01 | 2026-02-19 17:10 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received Final SELLER CD/HUD. - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. - Seller-02/18/2026 Open-The Final SELLER CD/HUD is missing. - Due Diligence Vendor-02/14/2026 |
Ready for Review-Document Uploaded. - Seller-02/18/2026 |
Resolved-Received Final SELLER CD/HUD. - Due Diligence Vendor-02/19/2026 |
Qualifying DTI below maximum allowed - Required is 43 Borrower has 13.4 Residual Income =/> 1.5 times $XXXX monthly residual income - $XXXX in residual income exceeds $XXXX |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7622616 | |
| XXXX | XXXX | 305055932 | C | B | C | B | C | A | A | A | Closed | finding-3352 | 2026-02-09 10:54 | 2026-02-18 10:02 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan has full appraisal and escrows. - Due Diligence Vendor-02/18/2026 Ready for Review-Document Uploaded. - Seller-02/18/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. -----Missing initial CD in file. Unable to test properly. - Due Diligence Vendor-02/09/2026 |
Ready for Review-Document Uploaded. - Seller-02/18/2026 |
Resolved-Loan has full appraisal and escrows. - Due Diligence Vendor-02/18/2026 |
Qualifying DTI below maximum allowed - Required is 43 Borrower has 13.4 Residual Income =/> 1.5 times $XXXX monthly residual income - $XXXX in residual income exceeds $XXXX |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7516480 | |
| XXXX | XXXX | 305055932 | C | B | C | B | C | A | A | A | Closed | FCRE1182 | 2026-02-14 12:10 | 2026-02-17 08:36 | Waived | 2 - Non-Material | B | B | Credit | Missing Doc | Approval/Underwriting Summary Not Provided | Waived-Originator waiver applied to non material finding - Due Diligence Vendor-02/17/2026 Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-02/14/2026 |
Waived-Originator waiver applied to non material finding - Due Diligence Vendor-02/17/2026 |
Qualifying DTI below maximum allowed - Required is 43 Borrower has 13.4 Residual Income =/> 1.5 times $XXXX monthly residual income - $XXXX in residual income exceeds $XXXX |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 7622630 | |||
| XXXX | XXXX | 305055923 | C | B | C | A | C | B | A | A | Closed | FCRE1254 | 2026-02-18 06:08 | 2026-02-20 13:44 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Received Title Supplement with corrected loan amount. - Due Diligence Vendor-02/20/2026 Ready for Review-Document Uploaded. - Seller-02/19/2026 Open-Property Title Issue There is no title insurance and no escrow instructions showing intent to cover the loan amount - Due Diligence Vendor-02/18/2026 |
Ready for Review-Document Uploaded. - Seller-02/19/2026 |
Resolved-Received Title Supplement with corrected loan amount. - Due Diligence Vendor-02/20/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.08 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 755 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7672509 | |
| XXXX | XXXX | 305055923 | C | B | C | A | C | B | A | A | Closed | finding-3532 | 2026-02-09 10:54 | 2026-02-19 08:27 | Resolved | 1 - Information | C | A | Compliance | TRID | Initial Closing Disclosure Delivery Date Test | Resolved------Received Disclosure Tracking for confirmation of receipt date. Finding Resolved. - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. initial cd rec XXXX please see attached disclosure tracking - Seller-02/18/2026 Open-This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXXX First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six 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 initial 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; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt 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 transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation. ----- Initial CD receipt date of XXXX is less than three business days prior to closing date of XXXX. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-02/09/2026 |
Ready for Review-Document Uploaded. initial cd rec XXXX please see attached disclosure tracking - Seller-02/18/2026 |
Resolved------Received Disclosure Tracking for confirmation of receipt date. Finding Resolved. - Due Diligence Vendor-02/19/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.08 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 755 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7516494 | |
| XXXX | XXXX | 305055923 | C | B | C | A | C | B | A | A | Closed | FCOM5135 | 2026-02-09 10:26 | 2026-02-09 10:26 | 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-02/09/2026 |
Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-02/09/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.08 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 755 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 7515857 | |||
| XXXX | XXXX | 305051952 | C | A | C | A | A | A | A | A | Closed | FCRE0179 | 2026-02-12 14:59 | 2026-02-17 16:15 | Resolved | 1 - Information | C | A | Credit | Eligibility | UW Attestation/Docs stating warrantability are missing | Resolved-Received 1008 with Underwriter Condo Attestation. - Due Diligence Vendor-02/17/2026 Ready for Review-Document Uploaded. Upon review of the project and completed Condominium Limited Review, the subject project meets agency requirements for a warrantable condominium. The limited review confirmed the project satisfies eligibility criteria, including but not limited to: Project is not a condotel or operated as a hotel No mandatory rental pooling arrangements No excessive commercial space No single-entity ownership concentration exceeding agency limits HOA is operating with an adequate budget and no material litigation impacting project eligibility Based on the completed limited review analysis, the project is classified as warrantable, and the loan meets eligibility requirements. Please clear this finding. - Seller-02/13/2026 Open-UW Attestation/Docs stating warrantability are missing. Missing declaration of condo warrantability-tape notes condo as non-warrantable. Non-warrantable condos are ineligible. - Due Diligence Vendor-02/12/2026 |
Ready for Review-Document Uploaded. Upon review of the project and completed Condominium Limited Review, the subject project meets agency requirements for a warrantable condominium. The limited review confirmed the project satisfies eligibility criteria, including but not limited to: Project is not a condotel or operated as a hotel No mandatory rental pooling arrangements No excessive commercial space No single-entity ownership concentration exceeding agency limits HOA is operating with an adequate budget and no material litigation impacting project eligibility Based on the completed limited review analysis, the project is classified as warrantable, and the loan meets eligibility requirements. Please clear this finding. - Seller-02/13/2026 |
Resolved-Received 1008 with Underwriter Condo Attestation. - Due Diligence Vendor-02/17/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.74 LTV is less than guideline maximum - Required is 85 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 707 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7590268 | |
| XXXX | XXXX | 305052017 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-02-12 14:07 | 2026-02-25 14:29 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received LOX from borrower attesting the property is free and clear, and the property profile shows the last financing was obtained in XXXX and was a 10 year mortgage - Due Diligence Vendor-02/25/2026 Ready for Review-Documentation has been provided to show the UW confirmed the property is Free and Clear. The borrower provided a signed LOE explaining the property is Free and Clear, and the property profile shows the last financing was obtained in XXXX and was a 10 year mortgage. The request for additional documentation is not required as there is no information in the file to contradict that the property is Free and Clear. Can this finding please be cleared? - Seller-02/25/2026 Ready for Review-Please escalate this matter for manager review as TPR counters are looping without resolution. Please read the provided documentation, Lender notes documentation provided supports free and clear status for property in question of Primary home, which is sufficient and no further documentation is required. Please expedite this to be cleared as soon as possible - Seller-02/25/2026 Counter-Received Property profile. Unable to confirm property is free and clear. provide Mortgage release, Satisfaction of mortgage or deed reconveyance. - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. Please see attached property profile reflects no Mtg tied to Primary home. Last Mtg was in XXXX for a 10 year term - Seller-02/20/2026 Ready for Review-Document Uploaded. Not a valid finding, there is no indication that a mortgage is tied to Primary home, and cannot produce any other docs than what has been provided. Please expedite this to be cleared as soon as possible - Seller-02/19/2026 Counter-Taxes and Detail by entity name provided. Please provide the documentation to support the primary residence is free and clear. - Due Diligence Vendor-02/18/2026 Ready for Review-Document Uploaded. Lender notes the primary is owned free and clear of mortgages by the borrower and meets DSCR guideline 6.7 – 6.8 Housing History. Borrowers who own their primary residence or any other property free and clear for a minimum of 12 months are acceptable - Seller-02/13/2026 Open-Housing History Does Not Meet Guideline Requirements Provide evidence primary property is free/clear, no mortgages on credit and not listed on fraud report. Additional findings may apply. - Due Diligence Vendor-02/12/2026 |
Ready for Review-Documentation has been provided to show the UW confirmed the property is Free and Clear. The borrower provided a signed LOE explaining the property is Free and Clear, and the property profile shows the last financing was obtained in XXXX and was a 10 year mortgage. The request for additional documentation is not required as there is no information in the file to contradict that the property is Free and Clear. Can this finding please be cleared? - Seller-02/25/2026 Ready for Review-Please escalate this matter for manager review as TPR counters are looping without resolution. Please read the provided documentation, Lender notes documentation provided supports free and clear status for property in question of Primary home, which is sufficient and no further documentation is required. Please expedite this to be cleared as soon as possible - Seller-02/25/2026 Ready for Review-Document Uploaded. Please see attached property profile reflects no Mtg tied to Primary home. Last Mtg was in XXXX for a 10 year term - Seller-02/20/2026 Ready for Review-Document Uploaded. Not a valid finding, there is no indication that a mortgage is tied to Primary home, and cannot produce any other docs than what has been provided. Please expedite this to be cleared as soon as possible - Seller-02/19/2026 Ready for Review-Document Uploaded. Lender notes the primary is owned free and clear of mortgages by the borrower and meets DSCR guideline 6.7 – 6.8 Housing History. Borrowers who own their primary residence or any other property free and clear for a minimum of 12 months are acceptable - Seller-02/13/2026 |
Resolved-Received LOX from borrower attesting the property is free and clear, and the property profile shows the last financing was obtained in XXXX and was a 10 year mortgage - Due Diligence Vendor-02/25/2026 |
LTV is less than guideline maximum - Required is 85 Borrower has 80 Required is 85 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 785 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7589083 | |
| XXXX | XXXX | 305051930 | C | A | C | A | A | A | A | A | Closed | FCRE0179 | 2026-02-12 15:09 | 2026-02-19 15:37 | Resolved | 1 - Information | C | A | Credit | Eligibility | UW Attestation/Docs stating warrantability are missing | Resolved-Received revised 1008 with UW attestation. - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-02/18/2026 Counter-Received 1008 reflecting Limited Review. Please provide 1008 without income and dti reflecting Limited Review Type Q. - Due Diligence Vendor-02/17/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-02/13/2026 Open-UW Attestation/Docs stating warrantability are missing. UW Attestation/Docs stating warrantability are missing. - Due Diligence Vendor-02/12/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-02/18/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-02/13/2026 |
Resolved-Received revised 1008 with UW attestation. - Due Diligence Vendor-02/19/2026 |
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 640 Borrower has 789 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.75 Borrower has 1.061 Required is 0.75 Borrower has 1.061 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7590839 | |
| XXXX | XXXX | 305051963 | C | A | C | A | A | A | A | A | Closed | FCRE0185 | 2026-02-12 17:18 | 2026-03-02 10:07 | Resolved | 1 - Information | C | A | Credit | Eligibility | Loan missing Desk Review as required per Guidelines | Resolved-Client provided CDA that supports value - Due Diligence Vendor-03/02/2026 Ready for Review-Document Uploaded. Please see attached CDA showing a CDA value of XXXX with a XXXX score and CDA Value to Appraisal Value of 0.0%. Please clear this finding. - Seller-02/26/2026 Counter-As noted in Lender response " confidence score within 90%". - Review of guidelines indicate : An enhanced desk review product from one of the following choices: • CDA from XXXX • ARA from XXXX. In this case because our AVM is not within 90% confidence score- we are left with one of the following options per guideline: An enhanced desk review, field review, or second appraisal - Due Diligence Vendor-02/26/2026 Ready for Review-Per DSCR program guidelines, the AVM must include an FSD/confidence score within 90%. The AVM obtained reflects: Confidence Score: 75% AVM Estimated Value: XXXX (effective XXXX) The appraisal in file reflects: Appraised Value: XXXX (effective XXXX) The AVM value exceeds the appraised value by XXXX, thereby supporting the concluded appraised value and presenting no increased collateral risk. Additionally, the DSCR guide states: If the AVM or enhanced desk review reflects a value more than 10% below the appraised value or cannot provide a validation, the file must include either a field review or a second appraisal. In this case: The AVM value is not below the appraised value. The AVM does not reflect a variance exceeding 10% below the appraised value. The AVM provides value support rather than a deficiency. Therefore, the condition requiring a Desk Review is not supported by the program guidelines, as the triggering threshold (value more than 10% below appraisal or inability to validate) has not been met. Given that the AVM supports the appraised value and does not create additional valuation risk, we respectfully request this finding be cleared without requiring a Desk Review. - Seller-02/25/2026 Counter-AVM provided does not meet the 90% Confidence score. Please provide a Desk Review. - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. Please see attached AVM. Clear AVM Estimate as of XX/XX/XX shows $XXXX which is higher than Appraised Value of $XXX as of XX/XX/XX. No issues found. - Seller-02/19/2026 Open-Provide AVM, enhanced desk review, field review, or second appraisal due to an LCA score under 2.5 - Due Diligence Vendor-02/12/2026 |
Ready for Review-Document Uploaded. Please see attached CDA showing a CDA value of XXXX with a XXXX score and CDA Value to Appraisal Value of 0.0%. Please clear this finding. - Seller-02/26/2026 Ready for Review-Per DSCR program guidelines, the AVM must include an FSD/confidence score within 90%. The AVM obtained reflects: Confidence Score: 75% AVM Estimated Value: XXXX (effective XXXX) The appraisal in file reflects: Appraised Value:XXXX (effective XXXX) The AVM value exceeds the appraised value by XXXX, thereby supporting the concluded appraised value and presenting no increased collateral risk. Additionally, the DSCR guide states: If the AVM or enhanced desk review reflects a value more than 10% below the appraised value or cannot provide a validation, the file must include either a field review or a second appraisal. In this case: The AVM value is not below the appraised value. The AVM does not reflect a variance exceeding 10% below the appraised value. The AVM provides value support rather than a deficiency. Therefore, the condition requiring a Desk Review is not supported by the program guidelines, as the triggering threshold (value more than 10% below appraisal or inability to validate) has not been met. Given that the AVM supports the appraised value and does not create additional valuation risk, we respectfully request this finding be cleared without requiring a Desk Review. - Seller-02/25/2026 Ready for Review-Document Uploaded. Please see attached AVM. Clear AVM Estimate as of XX/XX/XX shows $XXXX which is higher than Appraised Value of $XXXX as of XX/XX/XX. No issues found. - Seller-02/19/2026 |
Resolved-Client provided CDA that supports value - Due Diligence Vendor-03/02/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 686 On time mortgage history exceeds guideline requirement - On Time Mortgage History = 53 Months Required = 12 months Long term residence - Long Term Residence = 6+ years |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7595121 | |
| XXXX | XXXX | 305051963 | C | A | C | A | A | A | A | A | Closed | FCRE1236 | 2026-02-12 17:16 | 2026-02-18 13:31 | Resolved | 1 - Information | C | A | Credit | Eligibility | Occupancy Not Allowed | Resolved-Received revised appraisal. - Due Diligence Vendor-02/18/2026 Ready for Review-Document Uploaded. Please see attached Appraisal Report. Subj Property is tenant occupied. Please clear this finding. - Seller-02/13/2026 Open-Appraisal shows as owner occupied. Please provide proof this is tenant occupied - Due Diligence Vendor-02/13/2026 |
Ready for Review-Document Uploaded. Please see attached Appraisal Report. Subj Property is tenant occupied. Please clear this finding. - Seller-02/13/2026 |
Resolved-Received revised appraisal. - Due Diligence Vendor-02/18/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 686 On time mortgage history exceeds guideline requirement - On Time Mortgage History = 53 Months Required = 12 months Long term residence - Long Term Residence = 6+ years |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7595115 | |
| XXXX | XXXX | 305051963 | C | A | C | A | A | A | A | A | Closed | FCRE1205 | 2026-02-12 17:36 | 2026-02-18 13:29 | Resolved | 1 - Information | C | A | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-Received Fraud Report w/XXXX Check Completed and Cleared - Due Diligence Vendor-02/18/2026 Ready for Review-Document Uploaded. Please see attached LPA report- Appraiser and Appraisal Company show no matches found, Please clear this finding. - Seller-02/13/2026 Open-XXXX Check Not Completed and/or Cleared Appraiser and appraisal company to be added to interested parties and XXXX. - Due Diligence Vendor-02/12/2026 |
Ready for Review-Document Uploaded. Please see attached LPA report- Appraiser and Appraisal Company show no matches found, Please clear this finding. - Seller-02/13/2026 |
Resolved-Received Fraud Report w/XXXX Check Completed and Cleared - Due Diligence Vendor-02/18/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 686 On time mortgage history exceeds guideline requirement - On Time Mortgage History = 53 Months Required = 12 months Long term residence - Long Term Residence = 6+ years |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7595526 | |
| XXXX | XXXX | 305051942 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | 2026-02-12 16:31 | 2026-02-19 14:07 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Received confirmation from title items are removed. - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. Please see attached items to be removed per Title - Seller-02/13/2026 Open-Property Title Issue Verify #7 and #8 on Schedule B part 1 are satisfied - Due Diligence Vendor-02/12/2026 |
Ready for Review-Document Uploaded. Please see attached items to be removed per Title - Seller-02/13/2026 |
Resolved-Received confirmation from title items are removed. - Due Diligence Vendor-02/19/2026 |
LTV is less than guideline maximum - LTV is less than guideline maximum Required is 70 Borrower has 50 Long term residence - Long Term Residence = 20+ years |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7593494 | |
| XXXX | XXXX | 305051942 | D | A | D | A | A | A | A | A | Closed | FCRE6019 | 2026-02-13 12:31 | 2026-02-18 13:42 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received Borrower Citizenship Documentation. - Due Diligence Vendor-02/18/2026 Ready for Review-Document Uploaded. Lender notes the borrowers are qualifying as Foreign Nationals. Please see attached - Seller-02/13/2026 Open-Borrower Citizenship Documentation Is Missing Missing a copy of each borrowers valid Visa - Due Diligence Vendor-02/13/2026 |
Ready for Review-Document Uploaded. Lender notes the borrowers are qualifying as Foreign Nationals. Please see attached - Seller-02/13/2026 |
Resolved-Received Borrower Citizenship Documentation. - Due Diligence Vendor-02/18/2026 |
LTV is less than guideline maximum - LTV is less than guideline maximum Required is 70 Borrower has 50 Long term residence - Long Term Residence = 20+ years |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7612360 | |
| XXXX | XXXX | 305051942 | D | A | D | A | A | A | A | A | Closed | FCRE0197 | 2026-02-12 17:28 | 2026-02-18 13:40 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received Final SELLER CD/HUD. - Due Diligence Vendor-02/18/2026 Ready for Review-Document Uploaded. Please see attached - Seller-02/14/2026 Open-The Final SELLER CD/HUD is missing. The Final SELLER CD/HUD is missing - Due Diligence Vendor-02/12/2026 |
Ready for Review-Document Uploaded. Please see attached - Seller-02/14/2026 |
Resolved-Received Final SELLER CD/HUD. - Due Diligence Vendor-02/18/2026 |
LTV is less than guideline maximum - LTV is less than guideline maximum Required is 70 Borrower has 50 Long term residence - Long Term Residence = 20+ years |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7595468 | |
| XXXX | XXXX | 305051935 | D | A | D | A | A | A | A | A | Closed | FCRE7806 | 2026-02-13 10:21 | 2026-02-23 14:10 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received required income/employment verification. - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. Please escalate this matter for manager review as TPR counters are looping without resolution. Please see attached XXXX. 1 year's P&L = $XXXX /12 mo, which supports the $XXXX monthly income, CPA letter verifying required status for XXXX.. all income docs used to verify income. Please expedite this to be cleared as soon as possible - Seller-02/19/2026 Counter-It appears we are missing Missing the Business documents for XXXX and income worksheet. - Due Diligence Vendor-02/18/2026 Ready for Review-Lender notes the loan product used to qualify does not require bank statements for LTV at 65%. Please see XXXX Guideline sect. 9.3 - If LTV /CLTV is 65% or LOWER, assets not required to be verified. Please expedite this to be cleared as soon as possible - Seller-02/17/2026 Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Missing the Business documents for XXXX. - Due Diligence Vendor-02/13/2026 |
Ready for Review-Document Uploaded. Please escalate this matter for manager review as TPR counters are looping without resolution. Please see attached XXXX. 1 year's P&L = XXXX /12 mo, which supports the XXXX monthly income, CPA letter verifying required status forXXXX. all income docs used to verify income. Please expedite this to be cleared as soon as possible - Seller-02/19/2026 Ready for Review-Lender notes the loan product used to qualify does not require bank statements for LTV at 65%. Please see XXXX Guideline sect. 9.3 - If LTV /CLTV is 65% or LOWER, assets not required to be verified. Please expedite this to be cleared as soon as possible - Seller-02/17/2026 |
Resolved-Received required income/employment verification. - Due Diligence Vendor-02/23/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 660 Borrower has 762 Required is 660 Borrower has 762 LTV is less than guideline maximum - Max LTV is 80 Borrower has 59.78 Required is 80 Borrower has 59.78 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7608608 | |
| XXXX | XXXX | 305051935 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-02-13 10:20 | 2026-02-23 14:04 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received taxes and insurance for 3c. P&I was taken from the credit report. - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. 3c – REO XXXX, Application date is XXXX, Credit report satisfies the rating up to Dec. XXXX, NON QM requires VOM to be current within 45 days of the loan application date, does not require the most recent XXXX Mortgage statement, See property profile shows XXXX XXXX XXXX and verifies Taxes XXXX /12 = XXXX taxes monthly, HOI XXXX /12 = XXXX= XXXX. - Seller-02/19/2026 Counter-REO documentation provided for 3b,3f and 3g. It appears we are missing the PITIA for 3c (XXXX) - Due Diligence Vendor-02/18/2026 Ready for Review-Document Uploaded. 3b -REO XXXX (PRIMARY), Please see attached HOI; Lender notes re: 3c – REO XXXX, Application date is XXXX, Credit report satisfies the rating up to XXXX, NON QM requires VOM to be current within 45 days of the loan application date, does not require the most recent XXXX statement and please see attached HOI copy; 3f – REO XXXX, please see attached HOI and 3g – PURCHASE REO XXXX, please see attached New XXXX loan XXXX Final CD - Purchase est. Taxes $XXXX, HOI $XXXX - Seller-02/17/2026 Open-Missing the following from the properties: 3b missing HOI; 3c missing most recent XXXX statement and HOI; 3f missing HOI and 3g missing PITIA. Upon receipt, additional information maybe required and the loan must still qualify. - Due Diligence Vendor-02/13/2026 |
Ready for Review-Document Uploaded. 3c – REO XXXX, Application date is XXXX, Credit report satisfies the rating up to XXXX, NON QM requires VOM to be current within 45 days of the loan application date, does not require the most recent XXXX statement, See property profile shows XXXX XXXX XXXX and verifies Taxes XXXX /12 = XXXX taxes monthly, HOI XXXX /12 = XXXX = XXXX. - Seller-02/19/2026 Ready for Review-Document Uploaded. 3b -REO XXXX (PRIMARY), Please see attached HOI; Lender notes re: 3c – REO XXXX, Application date is XXXX, Credit report satisfies the rating up to XXXX, NON QM requires VOM to be current within 45 days of the loan application date, does not require the most recent XXXX statement and please see attached HOI copy; 3f – REO 1XXXX, please see attached HOI and 3g – PURCHASE REO XXXX, please see attached New XXXX loan XXXX Final CD - Purchase est. Taxes XXXX, HOI XXXX - Seller-02/17/2026 |
Resolved-Received taxes and insurance for 3c. P&I was taken from the credit report. - Due Diligence Vendor-02/23/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 660 Borrower has 762 Required is 660 Borrower has 762 LTV is less than guideline maximum - Max LTV is 80 Borrower has 59.78 Required is 80 Borrower has 59.78 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7608552 | |
| XXXX | XXXX | 305051934 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-02-13 12:23 | 2026-02-18 16:49 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received HOA verification. - Due Diligence Vendor-02/18/2026 Ready for Review-Document Uploaded. Please see attached bank account activity printout as verification the HOA dues being paid by the borrower. - Seller-02/17/2026 Open-Property D: Provide verification of HOA dues. (LOE in file confirming HOA dues, missing docs to verify amount). - Due Diligence Vendor-02/13/2026 |
Ready for Review-Document Uploaded. Please see attached bank account activity printout as verification the HOA dues being paid by the borrower. - Seller-02/17/2026 |
Resolved-Received HOA verification. - Due Diligence Vendor-02/18/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 751 Qualifying DTI below maximum allowed - Required is 50.49 Borrower has 42.42 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7612068 | |
| XXXX | XXXX | 305051932 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305051907 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-02-13 17:53 | 2026-02-19 13:15 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received missing REO documentation. - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. Please see attached revised 1003, 1008 and all supporting documents for the corrections to the PITIA on all applicable REOs. - Seller-02/17/2026 Open-Missing the following information from the REO: 3a the Mortgage statement with the PITIA; 3d proof of the XXXX/mth being charged; 3e proof of the XXXX/mth being charged; 3i proof of the XXXX/mth being charged; 3j proof of the XXXX/mth being charged and 3l proof of the XXXX/mth being charged. - Due Diligence Vendor-02/13/2026 |
Ready for Review-Document Uploaded. Please see attached revised 1003, 1008 and all supporting documents for the corrections to the PITIA on all applicable REOs. - Seller-02/17/2026 |
Resolved-Received missing REO documentation. - Due Diligence Vendor-02/19/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 768 Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.28 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7619750 | |
| XXXX | XXXX | 305051889 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305052023 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-02-18 08:18 | 2026-02-23 14:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Lender provided documentation for XXXX, XXXX and XXXX, updated REO - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. Please see attached. The new XXXX mortgage for XXXX has not closed yet. Please refer to the current PITIA documents for XXXX and an LE. The final CD for XXXX and HOI for XXXX. - Seller-02/20/2026 Open-1. Property 3E: Provide missing loan docs to verify total PITIA payment monthly of New XXXX Mtg as listed on 1003. 2. Property 3F: Provide Provide missing loan docs to verify total PITIA payment monthly of New XXXX Mtg as listed on 1003. 3. Property 3C: Provide missing HOI statement verifying annual premium. - Due Diligence Vendor-02/18/2026 |
Ready for Review-Document Uploaded. Please see attached. The new XXXX mortgage for XXXX has not closed yet. Please refer to the current PITIA documents for XXXX and an LE. The final CD for XXXX and HOI for XXXX. - Seller-02/20/2026 |
Resolved-Lender provided documentation for XXXX updated REO - Due Diligence Vendor-02/23/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 775 Required is 660 Borrower has 775 LTV is less than guideline maximum - Required is 75 Borrower has 55 Required is 75 Borrower has 55 Qualifying DTI below maximum allowed - Required is 55 Borrower has 13.31 Required is 55 Borrower has 13.31 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7674511 | |
| XXXX | XXXX | 305052023 | D | A | D | A | A | A | A | A | Closed | FCRE5116 | 2026-02-18 09:13 | 2026-02-23 14:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Client provided documentation for XXXX, updated REO - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. The private mortgage listed on the 1003 is one and the same as the existing mortgage for XXXX. The supporting documents for the PITIA are attached along with a revised 1003 and 1008. - Seller-02/20/2026 Open-Provide verification of private mortgage listed on 1003 in 2c of XXXX with a monthly payment of XXXX. Additional conditions may apply. - Due Diligence Vendor-02/18/2026 |
Ready for Review-Document Uploaded. The private mortgage listed on the 1003 is one and the same as the existing mortgage for XXXX. The supporting documents for the PITIA are attached along with a revised 1003 and 1008. - Seller-02/20/2026 |
Resolved-Client provided documentation for XXXX, updated REO - Due Diligence Vendor-02/23/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 775 Required is 660 Borrower has 775 LTV is less than guideline maximum - Required is 75 Borrower has 55 Required is 75 Borrower has 55 Qualifying DTI below maximum allowed - Required is 55 Borrower has 13.31 Required is 55 Borrower has 13.31 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7675666 | |
| XXXX | XXXX | 305052016 | D | A | D | A | A | A | C | A | Closed | FPRO0023 | 2026-02-17 09:05 | 2026-04-15 15:24 | Resolved | 1 - Information | C | A | Property | Value | Primary Appraised Value exceeds Variance to Reviewed Appraised Property Value | Resolved-Received 1008 lender closed at lower BPO value. - Due Diligence Vendor-04/15/2026 Ready for Review-Per XXXX DSCR guidelines, section 9.1; If the value from the BPO is more than 10% below the appraised value then the value of the BPO is used for LTV purposes. USing the XXXX value results in a 74.78 LTV, which is still within the max allowed of 75%. - Seller-02/17/2026 Open-Primary Appraised Property Value To Reviewed Appraised Property Value Variance is '-10.86'. N/A - Due Diligence Vendor-02/17/2026 |
Ready for Review-Per XXXX DSCR guidelines, section 9.1; If the value from the BPO is more than 10% below the appraised value then the value of the BPO is used for LTV purposes. USing the XXXX value results in a 74.78 LTV, which is still within the max allowed of 75%. - Seller-02/17/2026 |
Resolved-Received 1008 lender closed at lower BPO value. - Due Diligence Vendor-04/15/2026 |
Long term residence - Long Term Residence = 4+ years Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 769 which exceeds the minimum of 680 Required is 680 Borrower has 769 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7651177 | ||
| XXXX | XXXX | 305052016 | D | A | D | A | A | A | C | A | Closed | FCRE6666 | 2026-02-17 09:05 | 2026-04-15 15:22 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Secondary Valuation product is dated prior to the Appraisal date | Resolved-Upon further review, secondary valuation product not considered as does not support value considered in qualifying. - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. If the value from the BPO is more than 10% below the appraised value then the value of the BPO is used for LTV purposes. - Seller-02/17/2026 Open-One or more of the additional valuation products were completed prior to the Primary Valuation product date. N/A - Due Diligence Vendor-02/17/2026 |
Ready for Review-Document Uploaded. If the value from the BPO is more than 10% below the appraised value then the value of the BPO is used for LTV purposes. - Seller-02/17/2026 |
Resolved-Upon further review, secondary valuation product not considered as does not support value considered in qualifying. - Due Diligence Vendor-02/19/2026 |
Long term residence - Long Term Residence = 4+ years Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 769 which exceeds the minimum of 680 Required is 680 Borrower has 769 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7651175 | |
| XXXX | XXXX | 305052016 | D | A | D | A | A | A | C | A | Closed | FPRO1257 | 2026-02-17 09:05 | 2026-04-15 15:17 | Resolved | 1 - Information | C | A | Property | Value | Primary Property Value is not Substantiated | Resolved-Client provided PCCD, shipping label and letter to borrower. - Due Diligence Vendor-03/02/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-02/26/2026 Counter-The guidelines allow the lower BPO value to be used and both valuations were completed prior to the loan closing. Please upload an updated CD with the appraisal value of XXXX, along with a LOE to the borrower regarding the change to the value on the CD and shipping label. An updated 1008 with the lower value was already provided. - Due Diligence Vendor-02/24/2026 Ready for Review-We kindly disagree, we do not require an additional Appraisal Valuation as the loan qualifies using the lower Value from the Commercial BPO. The BPO was reviewed and referenced in the file prior to close. It was a clerical error in not updating the Appraised Value; however, since it was in the file prior to approval it wouldn’t have a negative impact in getting this loan purchased. If anything, it will result in a Pricing implication do the data drift for the LTV, and this can be addressed with the end investor. In addition, if the BPO is more than 10% below the Appraised Value, the value from the BPO can be used without any further valuation being required. The request to obtain a Field Review/2nd Appraisal is unreasonable as it is not required per our guidelines. Can this item please be cleared? - Seller-02/24/2026 Counter-Subject loan using hte appraised value of XXXX. The BPO reflects a value of XXXX fort a variance of 10.86%. Per securitization requirements due to the loan closing with the appraised value(XXXX) used to determine the LTV, a superior third party product such as a field review or full appraisal is required to support the appraised value of XXXX. - Due Diligence Vendor-02/24/2026 Ready for Review-Document Uploaded. We kindly disagree, we did not order a new valuation product to qualify. The BPO was reviewed and referenced in the file prior to close. It was a clerical error in not updating the Appraised Value; however, since it was in the file prior to approval it wouldn’t have a negative impact in getting this loan purchased. If anything, it will result in a Pricing implication do the data drift for the LTV, and this can be addressed with the end investor. Can this item please be cleared? - Seller-02/20/2026 Counter-Loan was approved using the higher Appraised Value of XXXX. For securitization, the lower amount cannot be used post close. Finding remains. - Due Diligence Vendor-02/20/2026 Ready for Review-Per XXXX DSCR guidelines, section 9.1; If the value from the BPO is more than 10% below the appraised value then the value of the BPO is used for LTV purposes. Using the XXXX value results in a 74.78% LTV, which is still within the max allowed of 75%. A secondary valuation is not required per guidelines. - Seller-02/19/2026 Counter-Received duplicate BPO does not support value used for qualification. Provide acceptable secondary valuation supporting appraisal narrative. - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. The subject is a X-unit commercial property, please see attached BPO. - Seller-02/17/2026 Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. n/a - Due Diligence Vendor-02/17/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-02/26/2026 Ready for Review-We kindly disagree, we do not require an additional Appraisal Valuation as the loan qualifies using the lower Value from the Commercial BPO. The BPO was reviewed and referenced in the file prior to close. It was a clerical error in not updating the Appraised Value; however, since it was in the file prior to approval it wouldn’t have a negative impact in getting this loan purchased. If anything, it will result in a Pricing implication do the data drift for the LTV, and this can be addressed with the end investor. In addition, if the BPO is more than 10% below the Appraised Value, the value from the BPO can be used without any further valuation being required. The request to obtain a Field Review/2nd Appraisal is unreasonable as it is not required per our guidelines. Can this item please be cleared? - Seller-02/24/2026 Ready for Review-Document Uploaded. We kindly disagree, we did not order a new valuation product to qualify. The BPO was reviewed and referenced in the file prior to close. It was a clerical error in not updating the Appraised Value; however, since it was in the file prior to approval it wouldn’t have a negative impact in getting this loan purchased. If anything, it will result in a Pricing implication do the data drift for the LTV, and this can be addressed with the end investor. Can this item please be cleared? - Seller-02/20/2026 Ready for Review-Per XXXX DSCR guidelines, section 9.1; If the value from the BPO is more than 10% below the appraised value then the value of the BPO is used for LTV purposes. Using the XXXX value results in a 74.78% LTV, which is still within the max allowed of 75%. A secondary valuation is not required per guidelines. - Seller-02/19/2026 Ready for Review-Document Uploaded. The subject is a 9-unit commercial property, please see attached BPO. - Seller-02/17/2026 |
Resolved-Client provided PCCD, shipping label and letter to borrower. - Due Diligence Vendor-03/02/2026 |
Long term residence - Long Term Residence = 4+ years Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 769 which exceeds the minimum of 680 Required is 680 Borrower has 769 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7651174 | |
| XXXX | XXXX | 305052016 | D | A | D | A | A | A | C | A | Closed | FCRE1510 | 2026-02-17 08:39 | 2026-02-19 13:47 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-02/17/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description attached to deed of trust. - Due Diligence Vendor-02/17/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-02/17/2026 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-02/19/2026 |
Long term residence - Long Term Residence = 4+ years Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 769 which exceeds the minimum of 680 Required is 680 Borrower has 769 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7650418 | |
| XXXX | XXXX | 305051947 | D | A | A | A | A | A | D | A | Closed | FPRO1242 | 2026-02-17 12:02 | 2026-02-20 10:43 | Resolved | 1 - Information | D | A | Property | Missing Doc | Appraisal is Missing | Resolved-Received AVM. Value supported within tolerance. - Due Diligence Vendor-02/20/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-02/18/2026 Open-Appraisal is Missing Missing the additional required valuation since one of the SSR Scores is greater than 2.5 (Only one score required, if both scores (CU & LCA) provided, both required to be 2.5 or less). When the score exceeds 2.5 or indeterminate/no score, the file must include either an AVM, enhanced desk review, field review, or second appraisal (in this order). Upon receipt additional conditions maybe required. - Due Diligence Vendor-02/17/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-02/18/2026 |
Resolved-Received AVM. Value supported within tolerance. - Due Diligence Vendor-02/20/2026 |
Months Reserves exceed minimum required - Min reserves required is 3 mths. Borrower has 76.12 months in reserves. DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR =/> 1.00 and minimum is 0.85 or Less. Min is is 0.75 Borrower has 1.022 Required is 0.75 Borrower has 1.022 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7657560 | |
| XXXX | XXXX | 305051886 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 305051948 | C | A | C | A | A | A | A | A | Closed | FCRE0104 | 2026-02-18 09:49 | 2026-02-23 11:07 | Resolved | 1 - Information | C | A | Credit | Eligibility | Prepayment Penalty is not allowed | Resolved-Business purpose loan, PPP is allowed. - Due Diligence Vendor-02/23/2026 Ready for Review-Not a valid finding, loan is vested into LLC. Lender notes the subject loan is a Business-Purpose type loan for an investment property, XXXX has no statute granting a right to penalty free prepayment in these categories, prepayment penalties may be allowed. Please expedite this to be cleared as soon as possible - Seller-02/19/2026 Open-Prepayment Penalty is not allowed. The Prepayment Penalty does not meet the state of XXXX PPP restrictions: No Prepayment Penalty is permitted on a home loan if the Prepayment Penalty occurs more than 6 months after the Note's execution. The prepayment penalty is 5 years with 5% of the original principal balance occurring in the 1st year, 4% of the original principal balance occurring in the 2nd year, 3% of the original principal balance occurring in the 3rd year, 2% of the original principal balance occurring in the 4th year, and 1% of the original principal balance in the 5th year. - Due Diligence Vendor-02/18/2026 |
Ready for Review-Not a valid finding, loan is vested into LLC. Lender notes the subject loan is a Business-Purpose type loan for an investment property, XXXX has no statute granting a right to penalty free prepayment in these categories, prepayment penalties may be allowed. Please expedite this to be cleared as soon as possible - Seller-02/19/2026 |
Resolved-Business purpose loan, PPP is allowed. - Due Diligence Vendor-02/23/2026 |
Months Reserves exceed minimum required - Min 3, actual 10.91 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 701 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7676461 | ||
| XXXX | XXXX | 305051948 | C | A | C | A | A | A | A | A | Closed | FCRE1254 | 2026-02-18 15:06 | 2026-02-20 13:03 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Received Business Documentation. - Due Diligence Vendor-02/20/2026 Ready for Review-Document Uploaded. Please see attached Ops agreement, IRS and MEMBER of XXXX - Seller-02/19/2026 Open-Property Title Issue Title currently vested in XXXX. Provide Operating agreement/business document reflecting the borrower is an owner of this company. Subject to additional conditions. - Due Diligence Vendor-02/18/2026 |
Ready for Review-Document Uploaded. Please see attached Ops agreement, IRS and MEMBER of XXXX - Seller-02/19/2026 |
Resolved-Received Business Documentation. - Due Diligence Vendor-02/20/2026 |
Months Reserves exceed minimum required - Min 3, actual 10.91 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 701 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7684296 | |
| XXXX | XXXX | 305052013 | C | A | A | A | C | A | A | A | Closed | finding-3652 | 2026-02-12 15:06 | 2026-02-23 08:53 | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. LOAN WAS LOCKED. SEE LE AND COC - Seller-02/20/2026 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 ($0.00) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). ----- Lender credit decreased from $XXXX to $XXXX without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of $XXXX, 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-02/12/2026 |
Ready for Review-Document Uploaded. LOAN WAS LOCKED. SEE LE AND COC - Seller-02/20/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-02/23/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.86 Months Reserves exceed minimum required - 27 months > 9 required |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7590781 | |
| XXXX | XXXX | 305051980 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305051939 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 305051972 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305051887 | D | A | D | A | A | A | A | A | Closed | FCRE1252 | 2026-02-19 09:20 | 2026-02-26 12:29 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Title Document is Incomplete | Resolved-Received documentation to support taxes are paid. - Due Diligence Vendor-02/26/2026 Ready for Review-Document Uploaded. Not a valid counter to initial request and proof of payment was previously provided. Please see attached, all paid up, nothing is due XXXX - Seller-02/25/2026 Counter-Received Title. Missing proof Taxes due (#7) were satisfied. CD in file did not reflect payment of delinquent tax amount. - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. Please see attached Title prelim with XXXX policy commitment - Seller-02/20/2026 Open-Title Document is Incomplete Missing complete Title Report with all schedules and supplements along with sufficient Title Coverage for at least the total amount of the subject liens(s). - Due Diligence Vendor-02/19/2026 |
Ready for Review-Document Uploaded. Not a valid counter to initial request and proof of payment was previously provided. Please see attached, all paid up, nothing is due XXXX - Seller-02/25/2026 Ready for Review-Document Uploaded. Please see attached Title prelim with $XXXX policy commitment - Seller-02/20/2026 |
Resolved-Received documentation to support taxes are paid. - Due Diligence Vendor-02/26/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 660 Borrower has 776 Required is 720 Borrower has 776 DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR =/> 1.00 and minimum is 0.85 or Less. Min DSCR % is 0 Borrower has 1.001. Required is 0 Borrower has 1.001 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7696102 | |
| XXXX | XXXX | 305052027 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 305051902 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305051909 | C | B | C | B | A | A | A | A | Closed | FCRE1200 | 2026-02-19 11:42 | 2026-02-23 13:36 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Originator provided a waiver to allow loan amount of $XXXX , applied to non material finding with comp factors - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. Please see attached Approved exception to allow XXXX loan amount. - Seller-02/20/2026 Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of XXXX The loan amount is less than the minimum loan amount for this program of XXXX. Upon receipt of any information, additional documentation maybe required. - Due Diligence Vendor-02/19/2026 |
Ready for Review-Document Uploaded. Please see attached Approved exception to allow XXXX loan amount. - Seller-02/20/2026 |
Waived-Originator provided a waiver to allow loan amount of XXXX , applied to non material finding with comp factors - Due Diligence Vendor-02/23/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 793 Required is 700 Borrower has 793 DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR =/> 1.00 and minimum is 0.85 or Less. Min DSCR % is 0.75 Borrower has 1.044. Required is 0.75 Borrower has 1.044 LTV is less than guideline maximum - Max LTV is 85 Borrower has 80 Required is 85 Borrower has 80 |
7 years at primary fico greater than 20 points 0x30x24 mortgages |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Originator Post-Close | No | 7700636 |
| XXXX | XXXX | 305051936 | D | A | D | A | A | A | A | A | Closed | FCRE1152 | 2026-02-20 18:25 | 2026-02-24 13:43 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received corrected 1008 and 1003 - Due Diligence Vendor-02/24/2026 Ready for Review-Document Uploaded. Please see attached revised 1003 and 1008. Please note the shortage in collection will be addressed by the end investor. - Seller-02/23/2026 Open-Missing Evidence of Property Tax Per 1008/1003 lender utilized RE taxes of XXXX/yr (XXXX/mo). Lender to provide a tax certificate based on the newly built subject property plus 3 ADU's to support RE tax used to qualify the borrower. Additional conditions may apply. - Due Diligence Vendor-02/20/2026 |
Ready for Review-Document Uploaded. Please see attached revised 1003 and 1008. Please note the shortage in collection will be addressed by the end investor. - Seller-02/23/2026 |
Resolved-Received corrected 1008 and 1003 - Due Diligence Vendor-02/24/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.81 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 680 Borrower has 762 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7732215 | |
| XXXX | XXXX | 305051936 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-02-20 21:34 | 2026-02-24 13:35 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received mtg statement re taxes. - Due Diligence Vendor-02/24/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-02/23/2026 Open-Missing the documentation to verify housing payments for the following REOs: 3b missing the mortgage statement and 3c missing documentation of real estate taxes. Additional conditions may apply. - Due Diligence Vendor-02/21/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-02/23/2026 |
Resolved-Received mtg statement re taxes. - Due Diligence Vendor-02/24/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.81 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 680 Borrower has 762 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7734855 | |
| XXXX | XXXX | 305062505 | C | A | C | A | B | A | A | A | Closed | FCRE1198 | 2026-02-22 06:28 | 2026-02-26 12:53 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received Gift Letter and receipt of funds. Audited Reserves of 7.19 month(s) are greater than or equal to Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-02/26/2026 Ready for Review-Gift letters had been uploaded along with Closing attorney receipt of the funds. Please review all uploaded documents before countering. Document were uploaded in related finding. - Seller-02/25/2026 Counter-Received HOI coverage documentation. Received under another condition Closing attorney total receipt of XXXX. Missing verification of receipts of both gifts as required in guidelines 9.6 - Due Diligence Vendor-02/25/2026 Ready for Review-Document Uploaded. The delivered loan file included the attached letter from Insurer stating the policy has 100% replacement cost for the subject. - Seller-02/23/2026 Open-Audited Reserves of 5.14 month(s) are less than Guideline Required Reserves of 6 month(s) Provide proof of XXXX gift that was undocumented or provide proof of assets to cover reserve requirement. - Due Diligence Vendor-02/22/2026 |
Ready for Review-Gift letters had been uploaded along with Closing attorney receipt of the funds. Please review all uploaded documents before countering. Document were uploaded in related finding. - Seller-02/25/2026 Ready for Review-Document Uploaded. The delivered loan file included the attached letter from Insurer stating the policy has 100% replacement cost for the subject. - Seller-02/23/2026 |
Resolved-Received Gift Letter and receipt of funds. Audited Reserves of 7.19 month(s) are greater than or equal to Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-02/26/2026 |
Qualifying DTI below maximum allowed - Required is 50.49 Borrower has 31.66 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 773 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7741164 | |
| XXXX | XXXX | 305062505 | C | A | C | A | B | A | A | A | Closed | FCRE1491 | 2026-02-22 06:17 | 2026-02-26 12:52 | Resolved | 1 - Information | C | A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Received Gift Letter and receipt of funds. - Due Diligence Vendor-02/26/2026 Ready for Review-Gift letters have been uploaded along with Closing attorney receipt of the funds. Please review all uploaded documents before countering. - Seller-02/25/2026 Counter-Received Closing attorney total receipt of XXXX. Missing verification of receipts of both gifts as required in guidelines 9.6 - Due Diligence Vendor-02/25/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-02/23/2026 Open-Asset Qualification Does Not Meet Guideline Requirements Gift amounts were XXXX. The final CD reflects an XXXX gift given at closing; however, the difference of XXXX is undocumented. Provide proof of additional XXXX gift from donor. - Due Diligence Vendor-02/22/2026 |
Ready for Review-Gift letters have been uploaded along with Closing attorney receipt of the funds. Please review all uploaded documents before countering. - Seller-02/25/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-02/23/2026 |
Resolved-Received Gift Letter and receipt of funds. - Due Diligence Vendor-02/26/2026 |
Qualifying DTI below maximum allowed - Required is 50.49 Borrower has 31.66 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 773 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7741144 | |
| XXXX | XXXX | 305062505 | C | A | C | A | B | A | A | A | Closed | FCRE7009 | 2026-02-20 13:45 | 2026-02-25 12:37 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Received HOI and RCE from insurer within documents under another condition. Coverage is sufficient. - Due Diligence Vendor-02/25/2026 Counter-Received assets documentation. Please address original finding. - Due Diligence Vendor-02/25/2026 Ready for Review-Document Uploaded. Please see attached. - Seller-02/23/2026 Open-Insufficient Coverage Amount for Insured Subject Property. Insurance coverageXXXX; Loan Amount XXXX; Appraisal estimated cost new XXXX. - Due Diligence Vendor-02/20/2026 |
Ready for Review-Document Uploaded. Please see attached. - Seller-02/23/2026 |
Resolved-Received HOI and RCE from insurer within documents under another condition. Coverage is sufficient. - Due Diligence Vendor-02/25/2026 |
Qualifying DTI below maximum allowed - Required is 50.49 Borrower has 31.66 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 773 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7726921 | |
| XXXX | XXXX | 305052004 | D | A | D | A | A | A | A | A | Closed | FCRE1202 | 2026-02-23 23:36 | 2026-03-05 12:41 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Client provided updated Fraud including B2 - Due Diligence Vendor-02/25/2026 Ready for Review-Document Uploaded. Please see attached - Seller-02/24/2026 Open-Third Party Fraud Report Partially Provided Missing Fraud Report for B2. Additional conditions may apply, pending review. - Due Diligence Vendor-02/24/2026 |
Ready for Review-Document Uploaded. Please see attached - Seller-02/24/2026 |
Resolved-Client provided updated Fraud including B2 - Due Diligence Vendor-02/25/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 30.61 Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.4 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 719 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7771687 | |
| XXXX | XXXX | 305052004 | D | A | D | A | A | A | A | A | Closed | FCRE5783 | 2026-02-23 23:35 | 2026-03-05 12:40 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Gap Credit Report is Missing | Resolved-Received UDM for B2 - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. Please see attached B2 UDM updated - Seller-03/04/2026 Open-Borrower 2 Gap Credit Report is Missing Missing Gap Credit/UDM for B2 - Due Diligence Vendor-02/24/2026 |
Ready for Review-Document Uploaded. Please see attached B2 UDM updated - Seller-03/04/2026 |
Resolved-Received UDM for B2 - Due Diligence Vendor-03/05/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 30.61 Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.4 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 719 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7771681 | |
| XXXX | XXXX | 305062507 | C | A | A | A | C | A | A | A | Closed | finding-3634 | 2026-02-19 14:55 | 2026-02-27 09:15 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved------Received PCCDXXXX. Finding Resolved. - Due Diligence Vendor-02/27/2026 Ready for Review-Document Uploaded. FEES WERE IN THE WRONG BLOCK - CE PROVIDED CURE OF $XXXX CAPTURED ON FINAL CD- PROVIDED - Seller-02/25/2026 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 $XXXX.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 $XXXX (Credit Report Fee) and $XXXX (Title- E-Filing Fee without a valid COC in file. Provide a valid and timely COC for increases OR evidence of refund to borrower or principal reduction in the amount of $XXXX, 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. There is a lender credit fin the amount of $XXXX for fee's above legal limit on the Final Cd XXXX. - Due Diligence Vendor-02/19/2026 |
Ready for Review-Document Uploaded. FEES WERE IN THE WRONG BLOCK - CE PROVIDED CURE OF $84 CAPTURED ON FINAL CD- PROVIDED - Seller-02/25/2026 |
Resolved------Received PCCD XXXX. Finding Resolved. - Due Diligence Vendor-02/27/2026 |
Months Reserves exceed minimum required - Min reserves required 6 mths. Borrower has 16.29 mths in reserves. Qualifying DTI below maximum allowed - Max DTI is 50 Borrower has 30.48 Required is 50 Borrower has 30.48 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7705585 | |
| XXXX | XXXX | 305055901 | D | A | C | A | D | A | A | A | Closed | finding-3367 | 2026-02-23 12:09 | 2026-03-10 08:50 | Resolved | 1 - Information | C | A | Compliance | Disclosure | RESPA Homeownership Counseling Organizations Disclosure Date Test | Resolved-Received Homeownership Counseling Disclosure. Finding Resolved. - Due Diligence Vendor-03/10/2026 Ready for Review-Document Uploaded. - Seller-03/06/2026 Open-This loan failed the homeownership counseling organizations disclosure date test due to the following findings: ( 12 CFR §1024.20(a) )The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(2)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take 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 §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). 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 New Year's Day (01/01/2026)PLEASE 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.Please note: This test does not validate the content of any list of homeownership counseling organizations. -----Homeownership Counseling List in file is dated XXXX and not provided to borrower within three days of application date of XXXX. - Due Diligence Vendor-02/23/2026 |
Ready for Review-Document Uploaded. - Seller-03/06/2026 |
Resolved-Received Homeownership Counseling Disclosure. Finding Resolved. - Due Diligence Vendor-03/10/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.44 LTV is less than guideline maximum - Required is 90 Borrower has 74.47 Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 744 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7758225 | |
| XXXX | XXXX | 305055901 | D | A | C | A | D | A | A | A | Closed | FCOM5135 | 2026-02-23 11:11 | 2026-03-10 08:49 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received client attestation to no affiliates.Finding resolved. - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. - Seller-03/03/2026 Open-Required Affiliated Business Disclosure Missing ----- Title fees are in section B and SPL not in file. Unable to test fee tolerance properly. Additional Findings may apply upon receipt. - Due Diligence Vendor-02/23/2026 |
Ready for Review-Document Uploaded. - Seller-03/03/2026 |
Resolved-Received client attestation to no affiliates.Finding resolved. - Due Diligence Vendor-03/05/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.44 LTV is less than guideline maximum - Required is 90 Borrower has 74.47 Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 744 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7756339 | |
| XXXX | XXXX | 305055901 | D | A | C | A | D | A | A | A | Closed | FCRE1510 | 2026-02-23 10:39 | 2026-03-05 14:51 | 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-03/05/2026 Ready for Review-Document Uploaded. - Seller-03/03/2026 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 |
Ready for Review-Document Uploaded. - Seller-03/03/2026 |
Resolved-Received complete security instrument inclusive of legal description - Due Diligence Vendor-03/05/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.44 LTV is less than guideline maximum - Required is 90 Borrower has 74.47 Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 744 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7755287 | |
| XXXX | XXXX | 305062540 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 305062502 | D | A | D | A | A | A | A | A | Closed | FCRE5770 | 2026-02-26 12:15 | 2026-03-02 10:44 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Received credit report. - Due Diligence Vendor-03/02/2026 Ready for Review-Document Uploaded. Please see attached - Seller-02/27/2026 Open-Borrower 1 Credit Report is Missing. A credit report is required for each individual borrower. The borrower's credit report is missing from the file and must be provided. - Due Diligence Vendor-02/26/2026 |
Ready for Review-Document Uploaded. Please see attached - Seller-02/27/2026 |
Resolved-Received credit report. - Due Diligence Vendor-03/02/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Qualifying score taken from loan approval in file. The credit report is missing from the file. Required is 660 Borrower has 743 LTV is less than guideline maximum - Required is 65 Borrower has 25 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7825375 | |
| XXXX | XXXX | 305055900 | D | A | C | A | D | A | A | A | Closed | FCRE1506 | 2026-02-27 09:36 | 2026-03-06 17:15 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Upon further review, the Tax Preparer Letter is sufficient. - Due Diligence Vendor-03/06/2026 Ready for Review-Document Uploaded. I’ve attached the CPA letter in question that verifies the deposits came from an account that contains confidential information for the borrower’s clients. The borrower is an attorney and is required to keep his client’s confidentiality so we cannot obtain the bank statements they are asking for. Is there another way to clear this condition or can it be waived entirely based on the CPA letter provided? - Seller-03/05/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. The bank statements used for qualifying mostly contains deposit transfers from a different bank account which was not obtained. The loan file contains a letter from the borrower's tax preparer stating that the client deposits are initially placed into bank account which contains private and confidential information, and those funds are subsequently transferred into the bank account used for qualifying. The additional bank statements form the additional business bank account are missing from the loan file. Once received and reviewed, additional findings may apply. - Due Diligence Vendor-02/27/2026 |
Ready for Review-Document Uploaded. I’ve attached the CPA letter in question that verifies the deposits came from an account that contains confidential information for the borrower’s clients. The borrower is an attorney and is required to keep his client’s confidentiality so we cannot obtain the bank statements they are asking for. Is there another way to clear this condition or can it be waived entirely based on the CPA letter provided? - Seller-03/05/2026 |
Resolved-Upon further review, the Tax Preparer Letter is sufficient. - Due Diligence Vendor-03/06/2026 |
LTV is less than guideline maximum - Required is 90 Borrower has 80 Required is 90 Borrower has 80 Qualifying DTI below maximum allowed - Required is 50 Borrower has 18.7 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 748 Required is 660 Borrower has 748 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7843713 | |
| XXXX | XXXX | 305055900 | D | A | C | A | D | A | A | A | Closed | FCRE1437 | 2026-02-27 08:57 | 2026-03-06 17:14 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Upon further review, the tax preparer letter is sufficient. - Due Diligence Vendor-03/06/2026 Ready for Review-Document Uploaded. I’ve attached the CPA letter in question that verifies the deposits came from an account that contains confidential information for the borrower’s clients. The borrower is an attorney and is required to keep his client’s confidentiality so we cannot obtain the bank statements they are asking for. Is there another way to clear this condition or can it be waived entirely based on the CPA letter provided? - Seller-03/05/2026 Open-Income and Employment Do Not Meet Guidelines The bank statements used for qualifying mostly contains deposit transfers from a different bank account which was not obtained. The loan file contains a letter from the borrower's tax preparer stating that the client deposits are initially placed into bank account which contains private and confidential information, and those funds are subsequently transferred into the bank account used for qualifying. The additional bank statements form the additional business bank account are missing from the loan file. Once received and reviewed, additional findings may apply. - Due Diligence Vendor-02/27/2026 |
Ready for Review-Document Uploaded. I’ve attached the CPA letter in question that verifies the deposits came from an account that contains confidential information for the borrower’s clients. The borrower is an attorney and is required to keep his client’s confidentiality so we cannot obtain the bank statements they are asking for. Is there another way to clear this condition or can it be waived entirely based on the CPA letter provided? - Seller-03/05/2026 |
Resolved-Upon further review, the tax preparer letter is sufficient. - Due Diligence Vendor-03/06/2026 |
LTV is less than guideline maximum - Required is 90 Borrower has 80 Required is 90 Borrower has 80 Qualifying DTI below maximum allowed - Required is 50 Borrower has 18.7 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 748 Required is 660 Borrower has 748 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7842967 | |
| XXXX | XXXX | 305055900 | D | A | C | A | D | A | A | A | Closed | FCRE1510 | 2026-02-25 09:12 | 2026-03-05 08:06 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Client provided legal description - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. - Seller-03/03/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing legal description. - Due Diligence Vendor-02/25/2026 |
Ready for Review-Document Uploaded. - Seller-03/03/2026 |
Resolved-Client provided legal description - Due Diligence Vendor-03/05/2026 |
LTV is less than guideline maximum - Required is 90 Borrower has 80 Required is 90 Borrower has 80 Qualifying DTI below maximum allowed - Required is 50 Borrower has 18.7 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 748 Required is 660 Borrower has 748 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7796631 | |
| XXXX | XXXX | 305055900 | D | A | C | A | D | A | A | A | Closed | FCOM5135 | 2026-02-25 11:01 | 2026-03-04 11:14 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received client attestation to no affiliates. Finding resolved. - Due Diligence Vendor-03/04/2026 Ready for Review-Document Uploaded. - Seller-03/03/2026 Open-Required Affiliated Business Disclosure Missing -----Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt. - Due Diligence Vendor-02/25/2026 |
Ready for Review-Document Uploaded. - Seller-03/03/2026 |
Resolved-Received client attestation to no affiliates. Finding resolved. - Due Diligence Vendor-03/04/2026 |
LTV is less than guideline maximum - Required is 90 Borrower has 80 Required is 90 Borrower has 80 Qualifying DTI below maximum allowed - Required is 50 Borrower has 18.7 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 748 Required is 660 Borrower has 748 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7800550 | |
| XXXX | XXXX | 305062152 | C | A | C | A | A | A | A | A | Closed | FCOM1221 | 2026-02-24 21:30 | 2026-02-25 15:32 | Resolved | 1 - Information | C | A | Credit | Closing | The Deed of Trust is Incomplete | Resolved-Upon further review, the borrower's signature was located in file. - Due Diligence Vendor-02/25/2026 Ready for Review-please clarify what document is missing a signature pg. - Seller-02/25/2026 Open-Missing signature page - Due Diligence Vendor-02/25/2026 |
Ready for Review-please clarify what document is missing a signature pg. - Seller-02/25/2026 |
Resolved-Upon further review, the borrower's signature was located in file. - Due Diligence Vendor-02/25/2026 |
Months Reserves exceed minimum required - 19 Months Reserves exceed 3 months minimum required Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 690 Required is 660 Borrower has 690 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7789835 | ||
| XXXX | XXXX | 305062495 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305052015 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 305051976 | C | A | C | A | A | A | A | A | Closed | FCRE1160 | 2026-02-27 16:13 | 2026-03-06 16:41 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard Insurance Expiration Date is before the Note Date | Resolved-Updated dec page provided. - Due Diligence Vendor-03/06/2026 Ready for Review-Document Uploaded. Please see attached - Seller-03/06/2026 Counter-Finding Remains. Property Insurance effective dates are XXXX to XXXX. Please have insurance company correct expiration date to XXXX - Due Diligence Vendor-03/03/2026 Ready for Review-Document Uploaded. Lender notes the New HOI invoice reflects the actual policy period XXXX -XXXX and Final CD verifies the New Policy term has been paid at closing. This is sufficient evidence that the new policy term is for the full year and no further documentation is required. Please expedite this to be cleared as soon as possible - Seller-02/28/2026 Open-Hazard Insurance Expiration Date of XXXX is prior to or equal to the Note Date of XXXX Correct the expiration date on the HOI policy. Invoice has the correct date. - Due Diligence Vendor-02/27/2026 |
Ready for Review-Document Uploaded. Please see attached - Seller-03/06/2026 Ready for Review-Document Uploaded. Lender notes the New HOI invoice reflects the actual policy period XXXX6-XXXX and Final CD verifies the New Policy term has been paid at closing. This is sufficient evidence that the new policy term is for the full year and no further documentation is required. Please expedite this to be cleared as soon as possible - Seller-02/28/2026 |
Resolved-Updated dec page provided. - Due Diligence Vendor-03/06/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score is at least 20 points above minimum for program Required is 700 Borrower has 762 Months Reserves exceed minimum required - Guidelines require 6 months of reserves. The borrowers have 79.33 months of reserves. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7851809 | |
| XXXX | XXXX | 305062526 | D | B | C | A | D | B | A | A | Closed | FCRE1206 | 2026-03-02 07:49 | 2026-03-04 10:56 | 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-03/04/2026 Ready for Review-Document Uploaded. Please see attached Loan Participant Analysis Report for Appraiser, Appraisal Company, Settlement Agent and Settlement Company - No matches found. No issues found. Please clear this finding. - Seller-03/02/2026 Open-All Interested Parties Not Checked with Exclusionary Lists Appraiser and settlement agent to be added to the loan participant list. - Due Diligence Vendor-03/02/2026 |
Ready for Review-Document Uploaded. Please see attached Loan Participant Analysis Report for Appraiser, Appraisal Company, Settlement Agent and Settlement Company - No matches found. No issues found. Please clear this finding. - Seller-03/02/2026 |
Resolved-All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-03/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 753 Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.32 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7868546 | |
| XXXX | XXXX | 305062526 | D | B | C | A | D | B | A | A | Closed | finding-3635 | 2026-02-25 16:21 | 2026-03-04 10:23 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved-----Received initial LE XXXX. Finding Resolved. - Due Diligence Vendor-03/04/2026 Ready for Review-INITIAL DISCLOSURES UPLOADED - Seller-03/02/2026 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% ($XXXX) exceed the comparable charges ($XXX) 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). ----- Missing initial LE, unable to test fee tolerance properly. Additional findings may apply upon receipt. - Due Diligence Vendor-02/25/2026 |
Ready for Review-INITIAL DISCLOSURES UPLOADED - Seller-03/02/2026 |
Resolved-----Received initial LE XXXX. Finding Resolved. - Due Diligence Vendor-03/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 753 Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.32 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7810219 | ||
| XXXX | XXXX | 305062526 | D | B | C | A | D | B | A | A | Closed | finding-3634 | 2026-02-25 16:21 | 2026-03-04 10:23 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-----Received initial LE XXXX. Finding Resolved. - Due Diligence Vendor-03/04/2026 Ready for Review-Document Uploaded. INITIAL DISCLOSURES ATTACHED - Seller-03/02/2026 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 $XXXX.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). -----Missing initial LE dated within 3 days or application date. Additional Findings may apply upon receipt. Missing Service Provider List. - Due Diligence Vendor-02/25/2026 |
Ready for Review-Document Uploaded. INITIAL DISCLOSURES ATTACHED - Seller-03/02/2026 |
Resolved-----Received initial LE XX/XX/XXX. Finding Resolved. - Due Diligence Vendor-03/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 753 Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.32 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7810216 | |
| XXXX | XXXX | 305062526 | D | B | C | A | D | B | A | A | Closed | finding-3515 | 2026-02-25 16:21 | 2026-03-04 10:23 | Resolved | 1 - Information | C | A | Compliance | TRID | Initial Loan Estimate Delivery Date Test (from application) | Resolved-----Received initial LE XXXX. Finding Resolved. - Due Diligence Vendor-03/04/2026 Ready for Review-Document Uploaded. INITIAL DISCLOSURE PACKAGE UPLOADED- APP DATE IS XXXX - Seller-03/02/2026 Open-This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is 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 or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.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)(1)(iii)(A) (initial loan estimate disclosure three business days after application). 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.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application. ----- Missing initial LE dated within 3 days of Application date. Additional Findings may apply upon receipt. statute of Limitations - 1 year, expiration date XXXX. - Due Diligence Vendor-02/25/2026 |
Ready for Review-Document Uploaded. INITIAL DISCLOSURE PACKAGE UPLOADED- APP DATE IS XXXX - Seller-03/02/2026 |
Resolved-----Received initial LE XXXX. Finding Resolved. - Due Diligence Vendor-03/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 753 Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.32 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7810220 | |
| XXXX | XXXX | 305062526 | D | B | C | A | D | B | A | A | Closed | FCOM1266 | 2026-02-25 15:28 | 2026-03-04 10:10 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Missing | Resolved-Received Homeownership Counseling Disclosure. Finding Resolved. - Due Diligence Vendor-03/04/2026 Ready for Review-INITIAL DISCLOSURE PACKAGE UPLOADED - Seller-03/02/2026 Open-Homeownership Counseling Disclosure Is Missing Please provide Homeownership Counseling Disclosure provided to borrower within three business days of application date. Statute of Limitations - 1 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-02/25/2026 |
Ready for Review-INITIAL DISCLOSURE PACKAGE UPLOADED - Seller-03/02/2026 |
Resolved-Received Homeownership Counseling Disclosure. Finding Resolved. - Due Diligence Vendor-03/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 753 Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.32 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7808915 | ||
| XXXX | XXXX | 305062526 | D | B | C | A | D | B | A | A | Closed | FCOM1978 | 2026-02-25 15:29 | 2026-03-04 10:09 | Resolved | 1 - Information | C | A | Compliance | TRID | Missing Intent to Proceed | Resolved-Received Intent to proceed signed by borrower. Finding Resolved. - Due Diligence Vendor-03/04/2026 Ready for Review-Document Uploaded. ITP - Seller-03/02/2026 Open------There are fees on the final CD that are POC and borrower's signed intent to proceed is missing from file. - Due Diligence Vendor-02/25/2026 |
Ready for Review-Document Uploaded. ITP - Seller-03/02/2026 |
Resolved-Received Intent to proceed signed by borrower. Finding Resolved. - Due Diligence Vendor-03/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 753 Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.32 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7808963 | |
| XXXX | XXXX | 305062526 | D | B | C | A | D | B | A | A | Closed | FCOM5135 | 2026-02-25 15:28 | 2026-02-25 15:28 | 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-02/25/2026 |
Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-02/25/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 753 Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.32 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 7808916 | |||
| XXXX | XXXX | 305062541 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 305062465 | D | B | C | B | A | A | D | A | Closed | FCRE1491 | 2026-03-02 13:32 | 2026-03-02 17:37 | Waived | 2 - Non-Material | C | B | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Waived-Originator exception granted to allow business funds as reserves. Non-material waiver applied with comp factors. Deemed non-material due to letter in file from borrower states it will not have negative impact and this is also a DSCR no income loan. - Due Diligence Vendor-03/02/2026 Open-Asset Qualification Does Not Meet Guideline Requirements Cannot use business funds towards reserves. (Not allowed per Matrix). - Due Diligence Vendor-03/02/2026 |
Waived-Originator exception granted to allow business funds as reserves. Non-material waiver applied with comp factors. Deemed non-material due to letter in file from borrower states it will not have negative impact and this is also a DSCR no income loan. - Due Diligence Vendor-03/02/2026 |
Long term residence - Borrower has resided at primary residence for 9 years. Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 711 Required is 680 Borrower has 711 On time mortgage history exceeds guideline requirement - 0x30x24 |
1. At Primary home 9 years. 2. Mortgages reporting to credit paid AA last 24 months. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Originator Post-Close | Yes | 7877705 | ||
| XXXX | XXXX | 305062506 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-03-02 12:23 | 2026-03-04 11:00 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Client provided Assignment of Leases and Rents Rider fully executed - Due Diligence Vendor-03/04/2026 Ready for Review-Document Uploaded. Please see the attached signed Closing Package. The Assignment of Leases and Rents Rider is included on pages 15 through 24 and has been fully executed. This document was previously uploaded to your system. Kindly re-review the file and clear this finding. 4:55 pm XXXX - Seller-03/03/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Per DOT Riders, Missing the Assignment of Leases and Rents Rider; Only the Prepayment Rider was provided. - Due Diligence Vendor-03/02/2026 |
Ready for Review-Document Uploaded. Please see the attached signed Closing Package. The Assignment of Leases and Rents Rider is included on pages 15 through 24 and has been fully executed. This document was previously uploaded to your system. Kindly re-review the file and clear this finding. 4:55 pm XXXX - Seller-03/03/2026 |
Resolved-Client provided Assignment of Leases and Rents Rider fully executed - Due Diligence Vendor-03/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 762 Required is 680 Borrower has 762 LTV is less than guideline maximum - Required is 75 Borrower has 30.06 Required is 75 Borrower has 30.06 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7876068 | |
| XXXX | XXXX | 305062510 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-02-26 08:20 | 2026-03-03 11:02 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received DOT w/Legal. - Due Diligence Vendor-03/03/2026 Ready for Review-Document Uploaded. Please see attached - Seller-03/02/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description attached to deed of trust. - Due Diligence Vendor-02/26/2026 |
Ready for Review-Document Uploaded. Please see attached - Seller-03/02/2026 |
Resolved-Received DOT w/Legal. - Due Diligence Vendor-03/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 745 which exceeds the minimum of 680 Required is 680 Borrower has 745 | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7819732 | |
| XXXX | XXXX | 305062509 | D | B | A | A | D | B | A | A | Closed | FCOM1266 | 2026-02-27 15:16 | 2026-04-15 14:34 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Missing | Resolved-Received Homeownership Counseling Disclosure. Finding Resolved. - Due Diligence Vendor-03/06/2026 Ready for Review-Document Uploaded. attached - Seller-03/04/2026 Open-Homeownership Counseling Disclosure Is Missing ----- Please provide Homeownership Counseling Disclosure provided to borrower within three business days of application date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-02/27/2026 |
Ready for Review-Document Uploaded. attached - Seller-03/04/2026 |
Resolved-Received Homeownership Counseling Disclosure. Finding Resolved. - Due Diligence Vendor-03/06/2026 |
Verified employment history exceeds guidelines - The Borrower has been Self Employed for 26 years. Qualifying FICO score is at least 20 points above minimum for program - FICO Required is 660 Borrower has 726. Required is 660 Borrower has 726 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7850979 | |
| XXXX | XXXX | 305062509 | D | B | A | A | D | B | A | A | Closed | finding-3540 | 2026-02-27 15:49 | 2026-03-06 12:16 | Resolved | 1 - Information | C | A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-03/06/2026 Ready for Review-Document Uploaded. PER TRID, THE ONLY CD THAT NEEDS TO BE SIGNED IS THE CD ISSUED ON XXXX AS THE APR DID NOT INCREASE ABOVE ALLOWABLE LIMITS - Seller-03/04/2026 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. ----- Initial CD XXXX is not signed and there is no evidence in file to determine if it was provided to borrower at least three days prior to closing date of XXXX. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-02/27/2026 |
Ready for Review-Document Uploaded. PER TRID, THE ONLY CD THAT NEEDS TO BE SIGNED IS THE CD ISSUED ON XXXX AS THE APR DID NOT INCREASE ABOVE ALLOWABLE LIMITS - Seller-03/04/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-03/06/2026 |
Verified employment history exceeds guidelines - The Borrower has been Self Employed for 26 years. Qualifying FICO score is at least 20 points above minimum for program - FICO Required is 660 Borrower has 726. Required is 660 Borrower has 726 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7851468 | |
| XXXX | XXXX | 305062509 | D | B | A | A | D | B | A | A | Closed | FCOM1353 | 2026-02-27 15:16 | 2026-02-27 17:10 | 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'). ----- Originator waiver applied to non-material Findings. - Due Diligence Vendor-02/27/2026 | 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'). ----- Originator waiver applied to non-material Findings. - Due Diligence Vendor-02/27/2026 |
Verified employment history exceeds guidelines - The Borrower has been Self Employed for 26 years. Qualifying FICO score is at least 20 points above minimum for program - FICO Required is 660 Borrower has 726. Required is 660 Borrower has 726 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 7850980 | |||
| XXXX | XXXX | 305062518 | C | A | A | A | C | A | A | A | Closed | finding-3540 | 2026-02-26 14:28 | 2026-03-05 09:23 | Resolved | 1 - Information | C | A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. REBUTAL - Seller-03/03/2026 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-02/26/2026 |
Ready for Review-Document Uploaded. REBUTAL - Seller-03/03/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-03/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - . Required is 720 Borrower has 761 LTV is less than guideline maximum - . Required is 85 Borrower has 79.04 Qualifying DTI below maximum allowed - . Required is 50 Borrower has 40.32 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7828669 | |
| XXXX | XXXX | 305062484 | D | A | D | A | A | A | A | A | Closed | FCRE0177 | 2026-03-02 23:26 | 2026-03-09 14:53 | Resolved | 1 - Information | D | A | Credit | Eligibility | Missing Third Party Market Rent Source | Resolved-Per XXXX GL 3.4, Refi w/ STR is allowed to use 12 month look back. Document provided does reflect company name and address per GL - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. The delivered loan file included the attached 12-month look back as permitted by guidelines. Please see attached. - Seller-03/03/2026 Open-Missing Third Party Market Rent Source Missing 1007 for subject property. XXXX was used to calculate short term rent amount however per guidelines XXXX is only allowed on purchase transactions. Additional findings may apply. - Due Diligence Vendor-03/03/2026 |
Ready for Review-Document Uploaded. The delivered loan file included the attached 12-month look back as permitted by guidelines. Please see attached. - Seller-03/03/2026 |
Resolved-Per XXXX GL 3.4, Refi w/ STR is allowed to use 12 month look back. Document provided does reflect company name and address per GL - Due Diligence Vendor-03/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Credit report reflects FICO of 769 which exceeds the minimum of 640 Required is 640 Borrower has 769 LTV is less than guideline maximum - LTV of 65% is below the maximum of 70% allowed per guidelines Required is 70 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7886773 | |
| XXXX | XXXX | 305062569 | D | A | A | A | A | A | D | A | Closed | FPRO1253 | 2026-03-03 11:01 | 2026-03-05 12:44 | Resolved | 1 - Information | D | A | Property | Missing Doc | Secondary Valuation or Additional Valuation has not been entered per securitization requirements | Resolved-Received BPO. Value Supported. - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. Please see attached XXXX Subject property value is supported by the Appraisal report and Commercial Broker Price Opinion (BPO) as required - Seller-03/03/2026 Open-Secondary Valuation product has not been provided, per guidelines. - Due Diligence Vendor-03/03/2026 |
Ready for Review-Document Uploaded. Please see attached XXXX Subject property value is supported by the Appraisal report and Commercial Broker Price Opinion (BPO) as required - Seller-03/03/2026 |
Resolved-Received BPO. Value Supported. - Due Diligence Vendor-03/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 Required is 680 Borrower has 731 LTV is less than guideline maximum - Required is 75 Borrower has 60 Required is 75 Borrower has 60 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7896849 | |
| XXXX | XXXX | 305062461 | D | A | A | A | D | A | A | A | Closed | FCOM1266 | 2026-02-27 15:11 | 2026-03-06 12:12 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Missing | Resolved-Received Homeownership Counseling Disclosure. Finding Resolved. - Due Diligence Vendor-03/06/2026 Ready for Review-Document Uploaded. Please see attached disclosures tracking and signed copy - Seller-03/04/2026 Open-Homeownership Counseling Disclosure Is Missing Please provide Homeownership Counseling Disclosure provided to borrower within three business days of application date. Statute of Limitations - 1 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-02/27/2026 |
Ready for Review-Document Uploaded. Please see attached disclosures tracking and signed copy - Seller-03/04/2026 |
Resolved-Received Homeownership Counseling Disclosure. Finding Resolved. - Due Diligence Vendor-03/06/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 826 Qualifying DTI below maximum allowed - Required is 45 Borrower has 38.84 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7850892 | |
| XXXX | XXXX | 305062457 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305062083 | D | A | D | A | A | A | A | A | Closed | FCRE6019 | 2026-03-06 14:42 | 2026-03-20 16:17 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received back of perm res alien card. - Due Diligence Vendor-03/20/2026 Ready for Review-Document Uploaded. - Seller-03/19/2026 Open-Borrower Citizenship Documentation Is Missing Missing a copy of the back of the borrower's Permanent Resident card - Due Diligence Vendor-03/06/2026 |
Ready for Review-Document Uploaded. - Seller-03/19/2026 |
Resolved-Received back of perm res alien card. - Due Diligence Vendor-03/20/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.65 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7977938 | |
| XXXX | XXXX | 305062083 | D | A | D | A | A | A | A | A | Closed | FCRE7009 | 2026-03-06 06:29 | 2026-03-11 16:15 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Upon further review, the loan file contained all required HOI coverage documentation. - Due Diligence Vendor-03/11/2026 Ready for Review-Please see remarks on policy - show replacement cost coverage - let us know if you need anything else - Seller-03/10/2026 Open-Insufficient Coverage Amount for Insured Subject Property. - Due Diligence Vendor-03/06/2026 |
Ready for Review-Please see remarks on policy - show replacement cost coverage - let us know if you need anything else - Seller-03/10/2026 |
Resolved-Upon further review, the loan file contained all required HOI coverage documentation. - Due Diligence Vendor-03/11/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.65 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7965819 | ||
| XXXX | XXXX | 305062083 | D | A | D | A | A | A | A | A | Closed | FCRE1510 | 2026-03-05 10:46 | 2026-03-11 16:12 | 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-03/11/2026 Ready for Review-Document Uploaded. please see the upl dot - Seller-03/10/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description attachment. - Due Diligence Vendor-03/05/2026 |
Ready for Review-Document Uploaded. please see the upl dot - Seller-03/10/2026 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-03/11/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.65 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7944032 | |
| XXXX | XXXX | 305061817 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305061794 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305062013 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 305061801 | D | B | D | B | C | B | A | A | Closed | finding-3352 | 2026-03-16 07:52 | 2026-03-25 10:41 | Waived | 2 - Non-Material | C | B | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Waived-Waived to non-material, subject loan has a full appraisal and escrows. - Due Diligence Vendor-03/25/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. -----Statute of limitations – One year; Expiration date: XXXX. - Due Diligence Vendor-03/16/2026 |
Waived-Waived to non-material, subject loan has a full appraisal and escrows. - Due Diligence Vendor-03/25/2026 |
Qualifying FICO score is at least 20 points above minimum for program - qualifying score 709 min score 680. Required is 680 Borrower has 709 Qualifying DTI below maximum allowed - DTI 42.34 max 50%. Required is 50 Borrower has 42.38 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 8122351 | |||
| XXXX | XXXX | 305061801 | D | B | D | B | C | B | A | A | Closed | FCRE1198 | 2026-03-16 14:11 | 2026-03-23 14:02 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Originator provided a waiver for 6 months verified reserves < required 12 months, applied to non material finding with comp factors - Due Diligence Vendor-03/23/2026 Ready for Review-Document Uploaded. please see the upl doc - Seller-03/19/2026 Counter-File submitted using HEM matrix XXXX XXXX which indicate LTV greater than 85% requires 12 months PITIA. Finding remains. - Due Diligence Vendor-03/18/2026 Ready for Review-Document Uploaded. please see the upl info from the UW - Seller-03/17/2026 Open-Audited Reserves of 6.51 month(s) are less than Guideline Required Reserves of 12 month(s). 12 months required for LTV over 85%. provide sufficient asset to support total reserves required. - Due Diligence Vendor-03/16/2026 |
Ready for Review-Document Uploaded. please see the upl doc - Seller-03/19/2026 Ready for Review-Document Uploaded. please see the upl info from the UW - Seller-03/17/2026 |
Waived-Originator provided a waiver for 6 months verified reserves < required 12 months, applied to non material finding with comp factors - Due Diligence Vendor-03/23/2026 |
Qualifying FICO score is at least 20 points above minimum for program - qualifying score 709 min score 680. Required is 680 Borrower has 709 Qualifying DTI below maximum allowed - DTI 42.34 max 50%. Required is 50 Borrower has 42.38 |
Ratios: <43% Long term employment |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 8133433 |
| XXXX | XXXX | 305061801 | D | B | D | B | C | B | A | A | Closed | FCRE8887 | 2026-03-16 08:33 | 2026-03-18 16:40 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received 1003. - Due Diligence Vendor-03/18/2026 Ready for Review-Document Uploaded. please see the upl ini 1003 - Seller-03/17/2026 Open-Initial 1003 is missing page 8 - Due Diligence Vendor-03/16/2026 |
Ready for Review-Document Uploaded. please see the upl ini 1003 - Seller-03/17/2026 |
Resolved-Received 1003. - Due Diligence Vendor-03/18/2026 |
Qualifying FICO score is at least 20 points above minimum for program - qualifying score 709 min score 680. Required is 680 Borrower has 709 Qualifying DTI below maximum allowed - DTI 42.34 max 50%. Required is 50 Borrower has 42.38 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8122914 | |
| XXXX | XXXX | 305061801 | D | B | D | B | C | B | A | A | Closed | finding-3634 | 2026-03-16 07:52 | 2026-03-18 13:03 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-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 $XXXX.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). Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-03/18/2026 Ready for Review-Please provide more information the Attorney rev fee $XXXX has been on the initial LE since the beginning & all LE & CD. - Seller-03/17/2026 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 $XXXX.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 $XXXX (Attorney Review 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 $XXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3Year(s); Expiration Date: XXXX. - Due Diligence Vendor-03/16/2026 |
Ready for Review-Please provide more information the Attorney rev fee $350.00 has been on the initial LE since the beginning & all LE & CD. - Seller-03/17/2026 |
Resolved-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 $XXXX.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). Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-03/18/2026 |
Qualifying FICO score is at least 20 points above minimum for program - qualifying score 709 min score 680. Required is 680 Borrower has 709 Qualifying DTI below maximum allowed - DTI 42.34 max 50%. Required is 50 Borrower has 42.38 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8122348 | ||
| XXXX | XXXX | 305061815 | A | A | A | A | A | A | A | A | A | A | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other |