| 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 | BRAVO 2026-NQM5 1000018 | C | A | C | A | A | A | A | A | Closed | FCRE8701 | 2025-05-30 11:56 | 2026-05-05 09:49 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-The Business Entity Formation Document was provided. - Due Diligence Vendor-06/04/2025 Ready for Review-Document Uploaded. - Seller-06/02/2025 Open-The Business Entity Formation Document is Missing Loan vesting in LLC missing business formation documents. - Due Diligence Vendor-05/30/2025 |
Ready for Review-Document Uploaded. - Seller-06/02/2025 | Resolved-The Business Entity Formation Document was provided. - Due Diligence Vendor-06/04/2025 |
DSCR % greater than 1.20 - DSCR = 1.862 Qualifying FICO score is at least 20 points above minimum for program - 784 FICO score is 20+ points above 640 minimum |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 4284360 | |
| XXXX | XXXX | BRAVO 2026-NQM5 1000020 | C | A | C | A | A | A | A | A | Closed | FCRE1206 | 2026-01-05 19:46 | 2026-01-27 13:01 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Received Loan Participant with the Seller. - Due Diligence Vendor-01/14/2026 Ready for Review-Document Uploaded. I do not understand. I see the attachment was uploaded. XXXX on XXXX and XXXX which is part of the XXXX Watchlist on XXXX - Seller-01/12/2026 Counter-XXXX and XXXX was not attached. - Due Diligence Vendor-01/12/2026 Ready for Review-Document Uploaded. Attached is the XXXX clearance. The watchlist shows XXXX which is XXXX - Seller-01/09/2026 Counter-Received updated Loan Participant list. Provide XXXX and XXXX clearances. - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. Attached is the list of participants along with the watchlist from XXXX (Fraud) - Seller-01/06/2026 Open-All Interested Parties Not Checked with Exclusionary Lists Transaction participants must be included in the fraud report as follows: Borrowers/Guarantors, Property Sellers, Brokers, Loan Officers, Appraisers, Real Estate Agents, Settlement Agents. The Sellers were not checked against Exclusionary Lists. - Due Diligence Vendor-01/06/2026 |
Ready for Review-Document Uploaded. I do not understand. I see the attachment was uploaded. XXXX on XXXX and XXXX which is part of the XXXX Watchlist on XXXX - Seller-01/12/2026 Ready for Review-Document Uploaded. Attached is the XXXX clearance. The watchlist shows XXXX which is XXXX - Seller-01/09/2026 Ready for Review-Document Uploaded. Attached is the list of participants along with the watchlist from XXXX (Fraud) - Seller-01/06/2026 |
Resolved-Received Loan Participant with the Seller. - Due Diligence Vendor-01/14/2026 | Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 772 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.41 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6924792 | |
| XXXX | XXXX | BRAVO 2026-NQM5 1000020 | C | A | C | A | A | A | A | A | Closed | FCRE1205 | 2026-01-05 19:46 | 2026-01-27 13:01 | Resolved | 1 - Information | C | A | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-XXXX Check Completed and Cleared for sellers. - Due Diligence Vendor-01/27/2026 Ready for Review-Document Uploaded. XXXX uploaded for the borrower. Thank you. XXXX - Seller-01/26/2026 Counter-XXXX not attached. - Due Diligence Vendor-01/12/2026 Ready for Review-I do not understand. I have provided the XXXX clearance. Please see attached document or clarify what you are needing. - Seller-01/09/2026 Counter-Provide XXXX clearance. - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. XXXX report clearing sellers - Seller-01/06/2026 Open-XXXX Check Not Completed and/or Cleared Provide documentation to confirm borrowers, entities as borrower, sellers, realtors, settlement company/agent, appraiser and appraisal company were ran against these lists. The Sellers were not checked against XXXX. - Due Diligence Vendor-01/06/2026 |
Ready for Review-Document Uploaded. XXXX uploaded for the borrower. Thank you. XXXX - Seller-01/26/2026 Ready for Review-I do not understand. I have provided the XXXX clearance. Please see attached document or clarify what you are needing. - Seller-01/09/2026 Ready for Review-Document Uploaded. XXXX report clearing sellers - Seller-01/06/2026 |
Resolved-XXXX Check Completed and Cleared for sellers. - Due Diligence Vendor-01/27/2026 | Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 772 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.41 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 6924793 | |
| XXXX | XXXX | BRAVO 2026-NQM5 1000019 | D | B | D | B | A | A | A | A | Closed | FCRE3599 | 2026-01-16 16:01 | 2026-03-06 13:38 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Borrower owns more financed properties than allowed per guidelines | Waived-Originator Waiver applied to Non-Material Finding. Exception for XXXX. Appraisal comp choices must be scrutinized and strict adherence to XXXX comp sales and adjustment guidelines. No borrower owned properties to be used as comps without explanation. Lock to XXXX. Underwrite to XXXX. No adjoining properties. - Due Diligence Vendor-01/16/2026 Open-Exception for XXXX - Due Diligence Vendor-01/16/2026 |
Waived-Originator Waiver applied to Non-Material Finding. Exception for XXXX. Appraisal comp choices must be scrutinized and strict adherence to XXXX comp sales and adjustment guidelines. No borrower owned properties to be used as comps without explanation. Lock to XXXX. Underwrite to XXXX. No adjoining properties. - Due Diligence Vendor-01/16/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 793 Required is 700 Borrower has 793 Months Reserves exceed minimum required - 3 months required - borrower has 326.79 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Originator Post-Close | Yes | 7145019 | ||
| XXXX | XXXX | BRAVO 2026-NQM5 1000019 | D | B | D | B | A | A | A | A | Closed | FPRO1243 | 2026-01-21 16:06 | 2026-01-27 10:39 | Resolved | 1 - Information | D | A | Credit | Eligibility | Second Appraisal is Missing | Resolved-After further review, Subject is part of a 4 plex construction project which was built in XXXX, completion cert was provided and Title has confirmed this is not a flip transaction. Condition resolved - Due Diligence Vendor-01/27/2026 Counter-Received email from originator indicating transaction is not a flip. Property acquired XXXX with multiple properties. Unable to confirm cost of subject to exclude flip guideline. - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. title confirmation that this was not a flip and no relation to seller - Seller-01/23/2026 Open-New Received preliminary title and chain of title reflecting seller acquired property within XXXX. Subject is a flip and second appraisal dated prior to Note required, confirmation borrower has no relationship to seller and validation subject was marketed openly and fairly. - Due Diligence Vendor-01/21/2026 |
Ready for Review-Document Uploaded. title confirmation that this was not a flip and no relation to seller - Seller-01/23/2026 |
Resolved-After further review, Subject is part of a 4 plex construction project which was built in XXXX, completion cert was provided and Title has confirmed this is not a flip transaction. Condition resolved - Due Diligence Vendor-01/27/2026 | Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 793 Required is 700 Borrower has 793 Months Reserves exceed minimum required - 3 months required - borrower has 326.79 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7225024 | |
| XXXX | XXXX | BRAVO 2026-NQM5 1000019 | D | B | D | B | A | A | A | A | Closed | FCRE1145 | 2026-01-16 10:27 | 2026-01-27 10:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Title Document Missing | Resolved-After further review, Subject is part of a 4 plex construction project which was built in XXXX, completion cert was provided and Title has confirmed this is not a flip transaction. Condition resolved - Due Diligence Vendor-01/27/2026 Counter-Received email from originator indicating transaction is not a flip. Property acquired XXXX with multiple properties. Unable to confirm cost of subject to exclude flip guideline. - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. title confirmation that this was not a flip and no relation to seller - Seller-01/23/2026 Counter-Received preliminary title and chain of title reflecting seller acquired property within XXXX. Subject is a flip and second appraisal dated prior to Note date required, confirmation borrower has no relationship to seller and validation subject was marketed openly and fairly. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. title - Seller-01/19/2026 Open-Title Document is missing - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. title confirmation that this was not a flip and no relation to seller - Seller-01/23/2026 Ready for Review-Document Uploaded. title - Seller-01/19/2026 |
Resolved-After further review, Subject is part of a 4 plex construction project which was built in XXXX, completion cert was provided and Title has confirmed this is not a flip transaction. Condition resolved - Due Diligence Vendor-01/27/2026 | Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 793 Required is 700 Borrower has 793 Months Reserves exceed minimum required - 3 months required - borrower has 326.79 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7137416 | |
| XXXX | XXXX | BRAVO 2026-NQM5 1000019 | D | B | D | B | A | A | A | A | Closed | FCRE0197 | 2026-01-16 12:19 | 2026-01-21 15:43 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received seller CD - Due Diligence Vendor-03/06/2026 Ready for Review-Document Uploaded. settlement stmt - Seller-01/19/2026 Open-The Final SELLER CD/HUD is missing. - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. settlement stmt - Seller-01/19/2026 | Resolved-Received seller CD - Due Diligence Vendor-03/06/2026 | Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 793 Required is 700 Borrower has 793 Months Reserves exceed minimum required - 3 months required - borrower has 326.79 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7140944 | |
| XXXX | XXXX | BRAVO 2026-NQM5 1000019 | D | B | D | B | A | A | A | A | Closed | FCRE8012 | 2026-01-16 15:54 | 2026-01-21 15:36 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Purchase Contract | Resolved-Received ratified purchase contract. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. sales contract - Seller-01/19/2026 Open-Missing purchase contract for subject. - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. sales contract - Seller-01/19/2026 | Resolved-Received ratified purchase contract. - Due Diligence Vendor-01/21/2026 | Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 793 Required is 700 Borrower has 793 Months Reserves exceed minimum required - 3 months required - borrower has 326.79 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7144951 | |
| XXXX | XXXX | BRAVO 2026-NQM5 1000019 | D | B | D | B | A | A | A | A | Closed | FCRE1157 | 2026-01-16 11:12 | 2026-01-21 15:29 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-Received HOI policy. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. insurance - Seller-01/19/2026 Open-Missing Hazard Insurance Policy - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. insurance - Seller-01/19/2026 | Resolved-Received HOI policy. - Due Diligence Vendor-01/21/2026 | Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 793 Required is 700 Borrower has 793 Months Reserves exceed minimum required - 3 months required - borrower has 326.79 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7138552 | |
| XXXX | XXXX | BRAVO 2026-NQM5 1000019 | D | B | D | B | A | A | A | A | Closed | FCRE1182 | 2026-01-16 12:39 | 2026-01-21 15:25 | Resolved | 1 - Information | B | A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided | Resolved-Received 1008 - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. 1008 - Seller-01/19/2026 Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. 1008 - Seller-01/19/2026 | Resolved-Received 1008 - Due Diligence Vendor-01/21/2026 | Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 793 Required is 700 Borrower has 793 Months Reserves exceed minimum required - 3 months required - borrower has 326.79 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7141383 | |
| XXXX | XXXX | BRAVO 2026-NQM5 1000021 | D | A | D | A | A | A | A | A | Closed | FCRE1241 | 2026-01-16 09:48 | 2026-03-06 13:12 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Received purchase contract. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. SALES CONTRACT - Seller-01/19/2026 Open-Loan Purpose is Purchase but Purchase Contract is Missing. Purchase Contract is Missing. - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. SALES CONTRACT - Seller-01/19/2026 | Resolved-Received purchase contract. - Due Diligence Vendor-01/21/2026 | Months Reserves exceed minimum required - 3 months reserves required and borrower has 257 months of reserves. Qualifying FICO score is at least 20 points above minimum for program - Required is 680. Borrower has 793. Required is 680 Borrower has 793 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8. Borrower has 1.257. Required is 0.8 Borrower has 1.257 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7136471 | |
| XXXX | XXXX | BRAVO 2026-NQM5 1000021 | D | A | D | A | A | A | A | A | Closed | FPRO1243 | 2026-01-21 16:09 | 2026-01-27 10:41 | Resolved | 1 - Information | D | A | Credit | Eligibility | Second Appraisal is Missing | Resolved-After further review, Subject is part of a 4 plex construction project which was built in XXXX, completion cert was provided and Title has confirmed this is not a flip transaction. Condition resolved - Due Diligence Vendor-01/27/2026 Counter-Received email from originator indicating transaction is not a flip. Property acquired XXXX per title and is inclusive of XXXX. Subject loan is XXXX resulting in increase in financing excluding additional lot. - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. title confirmation that this was not a flip and no relation to seller - Seller-01/23/2026 Open-New Received preliminary title and chain of title reflecting seller acquired property within XXXX. Subject is a flip and second appraisal dated prior to Note required, confirmation borrower has no relationship to seller and validation subject was marketed openly and fairly. - Due Diligence Vendor-01/21/2026 |
Ready for Review-Document Uploaded. title confirmation that this was not a flip and no relation to seller - Seller-01/23/2026 | Resolved-After further review, Subject is part of a 4 plex construction project which was built in XXXX, completion cert was provided and Title has confirmed this is not a flip transaction. Condition resolved - Due Diligence Vendor-01/27/2026 | Months Reserves exceed minimum required - 3 months reserves required and borrower has 257 months of reserves. Qualifying FICO score is at least 20 points above minimum for program - Required is 680. Borrower has 793. Required is 680 Borrower has 793 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8. Borrower has 1.257. Required is 0.8 Borrower has 1.257 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7225109 | |
| XXXX | XXXX | BRAVO 2026-NQM5 1000021 | D | A | D | A | A | A | A | A | Closed | FCRE1145 | 2026-01-16 09:29 | 2026-01-27 10:41 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Title Document Missing | Resolved-After further review, Subject is part of a 4 plex construction project which was built in XXXX, completion cert was provided and Title has confirmed this is not a flip transaction. Condition resolved - Due Diligence Vendor-01/27/2026 Counter-Received email from originator indicating transaction is not a flip. Property acquired XXXX per title and is inclusive of XXXX. Subject loan is XXXX resulting in increase in financing excluding additional lot. - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. title confirmation that this was not a flip and no relation to seller - Seller-01/23/2026 Counter-Received preliminary title and chain of title reflecting seller acquired property within XXXX. Subject is a flip and second appraisal dated prior to Note required, confirmation borrower has no relationship to seller and validation subject was marketed openly and fairly. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. title - Seller-01/19/2026 Open-Title Document is missing. Additional conditions may apply. - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. title confirmation that this was not a flip and no relation to seller - Seller-01/23/2026 Ready for Review-Document Uploaded. title - Seller-01/19/2026 |
Resolved-After further review, Subject is part of a 4 plex construction project which was built in XXXX, completion cert was provided and Title has confirmed this is not a flip transaction. Condition resolved - Due Diligence Vendor-01/27/2026 | Months Reserves exceed minimum required - 3 months reserves required and borrower has 257 months of reserves. Qualifying FICO score is at least 20 points above minimum for program - Required is 680. Borrower has 793. Required is 680 Borrower has 793 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8. Borrower has 1.257. Required is 0.8 Borrower has 1.257 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7135852 | |
| XXXX | XXXX | BRAVO 2026-NQM5 1000021 | D | A | D | A | A | A | A | A | Closed | FCRE1157 | 2026-01-16 09:53 | 2026-01-21 14:56 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-Received HOI policy and confirmation of replacement cost. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. insurance - Seller-01/19/2026 Open-Missing Hazard Insurance Policy. - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. insurance - Seller-01/19/2026 | Resolved-Received HOI policy and confirmation of replacement cost. - Due Diligence Vendor-01/21/2026 | Months Reserves exceed minimum required - 3 months reserves required and borrower has 257 months of reserves. Qualifying FICO score is at least 20 points above minimum for program - Required is 680. Borrower has 793. Required is 680 Borrower has 793 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8. Borrower has 1.257. Required is 0.8 Borrower has 1.257 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7136600 | |
| XXXX | XXXX | BRAVO 2026-NQM5 1000022 | C | B | C | B | A | A | A | A | Closed | FCRE8701 | 2026-02-20 06:44 | 2026-02-23 16:24 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received LLC Documentation. - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. LLC DOCS - Seller-02/20/2026 Open-The Business Entity Formation Document is Missing. Investor to review and approve all Entity documentation. - Due Diligence Vendor-02/20/2026 |
Ready for Review-Document Uploaded. LLC DOCS - Seller-02/20/2026 | Resolved-Received LLC Documentation. - Due Diligence Vendor-02/23/2026 | Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 757 Months Reserves exceed minimum required - Per guides 6 months is required, borrower has 299 month of reserves. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | 7715093 | |
| XXXX | XXXX | BRAVO 2026-NQM5 1000022 | C | B | C | B | A | A | A | A | Closed | FCRE0140 | 2026-02-20 07:26 | 2026-02-23 16:22 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | DSCR loan does not meet program guidelines | Waived-Originator provided a waiver Interest Only, applied to non material finding with comp factors Reserves 12+ months more than requirement Long Term Homeownership (>5 years) - Due Diligence Vendor-02/23/2026 Ready for Review-Document Uploaded. exception - Seller-02/20/2026 Open-For DSCR less than 1, Interest Only (IO) is not permitted. Per the Note, this loan is an IO. - Due Diligence Vendor-02/20/2026 |
Ready for Review-Document Uploaded. exception - Seller-02/20/2026 | Waived-Originator provided a waiver Interest Only, applied to non material finding with comp factors Reserves 12+ months more than requirement Long Term Homeownership (>5 years) - Due Diligence Vendor-02/23/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 757 Months Reserves exceed minimum required - Per guides 6 months is required, borrower has 299 month of reserves. |
FICO 20 points or more above requirement | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Originator Post-Close | No | 7716490 |
| XXXX | XXXX | BRAVO 2026-NQM5 1000024 | C | B | C | B | A | A | A | A | Closed | FCRE8201 | 2026-02-24 10:29 | 2026-04-20 13:22 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Originator provided a waiver non-arms length/FSBO, applied to non material finding with reviewed comp factors - Due Diligence Vendor-03/10/2026 Ready for Review-Document Uploaded. Hello, an exception was made to this file which conforms to our updated guidelines. See uploaded form. Please clear the finding. Thank you. XXXX - Seller-03/06/2026 Open-FSBO transaction must be arm's length. The seller is the borrower's XXXX per LOE. - Due Diligence Vendor-02/24/2026 |
Ready for Review-Document Uploaded. Hello, an exception was made to this file which conforms to our updated guidelines. See uploaded form. Please clear the finding. Thank you. XXXX- Seller-03/06/2026 | Waived-Originator provided a waiver non-arms length/FSBO, applied to non material finding with reviewed comp factors - Due Diligence Vendor-03/10/2026 | LTV is less than guideline maximum - Required is 90 Borrower has 85 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 738 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | Originator Post-Close | No | 7779366 | |
| XXXX | XXXX | BRAVO 2026-NQM5 1000024 | C | B | C | B | A | A | A | A | Closed | FCRE1506 | 2026-02-20 13:17 | 2026-04-20 13:21 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Income documentation received. ATR/QM status updated. - Due Diligence Vendor-02/26/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing income documentation (Rental income) -Use of rental income for departure requires proof of receipt of security deposit and/or 1st month’s rent. Must provide receipt of funds stated on the lease agreement. Not provided. DTI will exceed guidelines if full PITI is counted - Due Diligence Vendor-02/20/2026 |
Resolved-Income documentation received. ATR/QM status updated. - Due Diligence Vendor-02/26/2026 | LTV is less than guideline maximum - Required is 90 Borrower has 85 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 738 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7726237 | ||
| XXXX | XXXX | BRAVO 2026-NQM5 1000024 | C | B | C | B | A | A | A | A | Closed | FCRE1437 | 2026-02-20 13:14 | 2026-02-26 16:10 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received security deposit and 1st months rent for departing residence. - Due Diligence Vendor-02/26/2026 Ready for Review-Document Uploaded. Borrower received XXXX for rent and deposit. Lease is with XXXX. Please clear finding. Thank you. XXXX - Seller-02/25/2026 Open-Income and Employment Do Not Meet Guidelines Use of rental income for departure requires proof of receipt of security deposit and/or 1st month’s rent. Must provide receipt of funds stated on the lease agreement. Not provided. - Due Diligence Vendor-02/20/2026 |
Ready for Review-Document Uploaded. Borrower received XXXX for rent and deposit. Lease is with XXXX. Please clear finding. Thank you. XXXX- Seller-02/25/2026 | Resolved-Received security deposit and 1st months rent for departing residence. - Due Diligence Vendor-02/26/2026 | LTV is less than guideline maximum - Required is 90 Borrower has 85 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 738 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | 7726150 | |
| XXXX | XXXX | BRAVO 2026-NQM5 1000025 | A | A | A | A | A | A | A | A | A | A | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other |