| Client Name: | |
| Client Project Name: | BRAVO 2026-NQM5 |
| Start - End Dates: | 9/15/2021 - 4/8/2026 |
| Deal Loan Count: | 301 |
| Conditions Report 2.0 | |
| Loans in Report: | 301 |
| Loans with Conditions: | 108 |
| Loan Number | Original Principal Balance | State | Initial Lender ATR/QM Status | Loan Level ATR/QM Status | Initial Securitization Overall Loan Grade | Final Securitization Overall Loan Grade | Initial Securitization Credit Loan Grade | Final Securitization Credit Loan Grade | Initial Securitization Property Valuations Loan Grade | Final Securitization Property Valuations Loan Grade | Initial Securitization Compliance Loan Grade | Final Securitization Compliance Loan Grade | Initial S&P Overall Loan Grade | Final S&P Overall Loan Grade | Initial S&P Credit Loan Grade | Final S&P Credit Loan Grade | Initial S&P Property Valuations Loan Grade | Final S&P Property Valuations Loan Grade | Initial S&P Compliance Loan Grade | Final S&P Compliance Loan Grade | Condition Category | Condition Sub Category | Condition Status | Initial Securitization Condition Grade | Final Securitization Condition Grade | Initial S&P Condition Grade | Final S&P Condition Grade | Condition Code | Condition Description | Condition Material Indicator | Initial Comments | Client/Seller Response Comments | Conclusion Comments | TRID Error Type | Cure Method | Compensating Factors |
| BRAVO 2026-NQM5 1000023 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 65 % and below the guide max of 75% CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: The borrowers have 10 months reserves after closing. | |||||||||||||||
| BRAVO 2026-NQM5 1000118 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | A | A | D | A | N/A | N/A | D | A | A | A | D | A | N/A | N/A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR3116 | Missing updated valuation | No | Missing updated valuation. | 01/12/2026 client provided Drive by Report | 01/12/2026 exception satisfied | (No Data) | Not Applicable | CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 82 months. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 749 exceeds min score requirement of 660. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at current residence for the past: 9 years. |
| BRAVO 2026-NQM5 1000128 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 37.69 mos. Reserves required 3 mos. for an exception CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 5 years. | |||||||||||||||
| BRAVO 2026-NQM5 1000090 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Application | Satisfied | D | A | D | A | CRDAPP155 | Application Missing | No | Application Missing from XXX | 12/30/2025 client provided Final 1003 | 12/30/2025 exception satisfied | (No Data) | Not Applicable | CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 57 months. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at current residence for the past: 7 years. |
| BRAVO 2026-NQM5 1000090 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH2662 | Number of mortgaged properties exceeds guideline limit | No | XXX limits the number of open loans with the same borrower at any one time to a maximum of four (4) or an aggregate amount of $XXX, whichever is less for first mortgages only and one loan must be on an owner-occupied principal residence. Borrower has 4 investment properties with lender XXX. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 57 months. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at current residence for the past: 7 years. |
| BRAVO 2026-NQM5 1000090 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | LTV/CLTV | Waived | B | B | B | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | LTV 80% exceeds the maximum of 75% for cash out refinance. Lender approval in file. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 57 months. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at current residence for the past: 7 years. |
| BRAVO 2026-NQM5 1000190 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH2662 | Number of mortgaged properties exceeds guideline limit | No | XXX limits the number of open loans with the same borrower at any one time to a maximum of four (4) or an aggregate amount of $XXX, whichever is less for first mortgages only and one loan must be on an owner-occupied principal residence. Borrower has 4 investment properties with lender XXX. | Client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XX leaves reserves of $XXX or 108.39 months. No reserves required. CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history reporting to credit and verified with bank statements is positive. |
| BRAVO 2026-NQM5 1000190 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER4631 | Loan parameters do not meet guidelines | No | Loan presented as a cash out refinance transaction. Actual loan is a rate and term refinance. Provide corrected loan approval to reflect rate and term transaction. | 12/11/2025 client provided Updated Approval & ULAW | 12/11/2025 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XX leaves reserves of $XXX or 108.39 months. No reserves required. CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history reporting to credit and verified with bank statements is positive. |
| BRAVO 2026-NQM5 1000104 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH2662 | Number of mortgaged properties exceeds guideline limit | No | XXX limits the number of open loans with the same borrower at any one time to a maximum of four (4) or an aggregate amount of $XXX, whichever is less for first mortgages only and one loan must be on an owner-occupied principal residence. Borrower has 4 investment properties with lender XXX. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1739: Postive mortgage payment history - XXX Comments: Positive mortgage payment history 0x30x57. |
| BRAVO 2026-NQM5 1000104 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | Credit | LTV/CLTV | Waived | C | B | C | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | LTV 80% exceeds the maximum of 75% for cash out refinance. Lender approval in file. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1739: Postive mortgage payment history - XXX Comments: Positive mortgage payment history 0x30x57. |
| BRAVO 2026-NQM5 1000072 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH2662 | Number of mortgaged properties exceeds guideline limit | No | XXX limits the number of open loans with the same borrower at any one time to a maximum of four (4) or an aggregate amount of $XXX, whichever is less for first mortgages only and one loan must be on an owner-occupied principal residence. Borrower has 4 investment properties with lenderXXX. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: CB has 7.10 years at current primary. |
| BRAVO 2026-NQM5 1000072 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER4631 | Loan parameters do not meet guidelines | No | Loan presented as a cash out refinance transaction. Actual loan is a rate and term refinance. Provide corrected approval documentation. | 12/11/2025 client provided Updated ULAW | 12/11/2025 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: CB has 7.10 years at current primary. |
| BRAVO 2026-NQM5 1000191 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Post-Closing Assets: $XXX/$XXX PITI = 18.27 months reserves. | |||||||||||||||
| BRAVO 2026-NQM5 1000165 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 30 months. CFCFS1742: Consumer credit history exceeds guidelines - XXX Comments: Consumer credit show 0x30x99. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 779 exceeds min score requirement of 730. | |||||||||||||||
| BRAVO 2026-NQM5 1000129 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 706 is > the minimum credit score of 700. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Current and previous mortgage reviewed for 26 months with 0x30. | |||||||||||||||
| BRAVO 2026-NQM5 1000094 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 55% is < the maximum LTV of 80%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 757 is > the minimum credit score of 600. | |||||||||||||||
| BRAVO 2026-NQM5 1000045 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 2 years. CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 53.91% / Max LTV 65%. | |||||||||||||||
| BRAVO 2026-NQM5 1000048 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | Credit | LTV/CLTV | Waived | B | B | B | B | CRDLTV3028 | LTV Exceeds Guideline Requirement by 10% or more | No | LTV of 70% exceeds the maximum LTV of 55% for a Platinum Cash Out Refinance with a credit score of 710. Loan was approved as a rate and term refinance but per guidelines the maximum incidental cash back up to $1,000 or 1.0% of the loan amount, whichever is greater, not to exceed $5,000. Loan amount is $XXX x XXX% $XXX . HUD reflects borrower received $6,222.08 back less POC of $912. = $5,310. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Mortgage history for the subject property was reviewed for 34 months with 0x30. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $0.00 leaves reserves of $XXX or 141.13 mos. Reserves required 0 mos. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 6 years 8 months. |
| BRAVO 2026-NQM5 1000048 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Title provided in file reflects the amount of insurance as $XXX. Per Note/Deed the Loan amount is $XXX. | 02/09/2026 client provided updated Schedule A with correct loan amount | 02/09/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Mortgage history for the subject property was reviewed for 34 months with 0x30. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $0.00 leaves reserves of $XXX or 141.13 mos. Reserves required 0 mos. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 6 years 8 months. |
| BRAVO 2026-NQM5 1000110 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 759 qualifying score. Min required per guidelines is 660. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Post-Closing Assets: $XXX/$XXX PITI = 10.82-months reserves. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 71.43%; max allowed per guidelines is 75%. | |||||||||||||||
| BRAVO 2026-NQM5 1000183 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 677 qualifying score. Min required per guidelines is 660. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 75%; max allowed per guidelines is 80%. | |||||||||||||||
| BRAVO 2026-NQM5 1000119 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1742: Consumer credit history exceeds guidelines - XXX Comments: Consumer credit show 0x30x42. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 705 exceeds min score requirement of 660. | |||||||||||||||
| BRAVO 2026-NQM5 1000200 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 744 FICO score. Minimum required 660. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 3 years. CFCFS2860: Good credit history - XXX Comments: Borrower has an excellent credit payment history with 99 months reviewed reporting 0 late payments. | |||||||||||||||
| BRAVO 2026-NQM5 1000131 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Credit report with a mortgage rating of 0x30x82. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 779 exceeds max score requirements of 660. | |||||||||||||||
| BRAVO 2026-NQM5 1000036 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | N/A | N/A | B | B | B | B | A | A | N/A | N/A | Credit | LTV/CLTV | Waived | B | B | B | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | Subject LTV of 65%; Max LTV for Rate & Term Refinance on Manufactured Home of 60%. Lender acknowledged exception, | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 4 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 771 FICO score. Minimum required 660. |
| BRAVO 2026-NQM5 1000049 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | No | Missing 12 month most current mortgage payment history with XXX Bank on subject property. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score 770 exceeds guidelines 620. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower has mortgage payment history 0x30 since 6/2020. |
| BRAVO 2026-NQM5 1000049 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | Credit | LTV/CLTV | Waived | B | B | B | B | CRDLTV5736 | LTV Exceeds Guideline Requirement by less than 5% | No | LTV 62.47% exceeds the maximum allowed of 60% for refinance transaction on Manufactured Homes. Lender approval in file. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score 770 exceeds guidelines 620. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower has mortgage payment history 0x30 since 6/2020. |
| BRAVO 2026-NQM5 1000049 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | Credit | Title | Satisfied | C | A | C | A | CRDTIL100 | Potential title issue | No | Provide documentation to support the omission of items 8, 9 & 11 in Schedule B Part I of the Title Commitment. | 02/09/2026 Client response: Uploading email from Title confirming items 8 11 will be satisfied at closing through the payoffs. Email confirmation from Title is agreeable to XXX Lending for proof of omission | 02/09/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score 770 exceeds guidelines 620. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower has mortgage payment history 0x30 since 6/2020. |
| BRAVO 2026-NQM5 1000145 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1739: Postive mortgage payment history - XXX Comments: Postive mortgage payment history 0x30x48. CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 5 years. | |||||||||||||||
| BRAVO 2026-NQM5 1000220 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | N/A | N/A | B | B | B | B | A | A | N/A | N/A | Credit | Terms/Guidelines | Waived | B | B | B | B | CRDTER113 | Loan amount is below guideline minimum | No | Loan Amount of $XXX is less than Minimum Loan Amount of $100,000, per Guidelines. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 770 exceeds min score requirement of 720. CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 82 months. |
| BRAVO 2026-NQM5 1000215 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 778 exceeds min score requirement of 600. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Credit report with a mortgage rating of 0x30x41. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 28.24% is below max LTV of 75%. | |||||||||||||||
| BRAVO 2026-NQM5 1000046 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1746: Significant housing expense reduction - XXX Comments: Reduced the PITI payment from $3,376.00 to $2,911.58 which is a $464.42 monthly savings. CFCFS1737: LTV below guideline requirements - XXX Comments: The HCLTV is 44.75% and guidelines allow the HCLTV to be 75% CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Post-Closing Assets: $XXX/ $XXX PITI = 47.95-months reserves. | |||||||||||||||
| BRAVO 2026-NQM5 1000221 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Assets | Satisfied | D | A | D | A | CRDAST2670 | Asset documentation is insufficient per guideline requirements | No | Missing HUD from refinance of primary residence to source $XXX needed for CTC & reserves. | 3/10/26- HUD for refinance was uploaded for review | Exception satisfied | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Mortgage reporting 84 months on borrower's credit report CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided at primary residence for 27 years |
| BRAVO 2026-NQM5 1000221 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH104 | Credit score below guidelines | No | Borrower credit score of 684 is below min allowed for mixed use property. Lender exception provided. | 3/9/26- Client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Mortgage reporting 84 months on borrower's credit report CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided at primary residence for 27 years |
| BRAVO 2026-NQM5 1000206 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Min credit score required 620. File credit score 775. CFCFS2854: Significant time in profession - XXX Comments: 34 years and 0 months in current profession. | |||||||||||||||
| BRAVO 2026-NQM5 1000134 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - XXX Comments: Guarantor has owned current primary residence for 28 years. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Current primary residence mortgage reviewed for 93 months with 0x30. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 37.43% is < the maximum LTV of 65%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 801 is > the minimum credit score of 700. | |||||||||||||||
| BRAVO 2026-NQM5 1000091 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified for reserves $XXX or 18.70 mos. None required CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 755 exceeds min score requirement of 730. | |||||||||||||||
| BRAVO 2026-NQM5 1000078 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 20 years. | |||||||||||||||
| BRAVO 2026-NQM5 1000055 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history is for 58 months when 12 months are required. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 18.03 months PITI, guidelines required 6 months PITI. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 783 qualifying score. Min required per guidelines is 730. CFCFS1736: Significant time at current residence - XXX Comments: Borrowers have resided in current owner occupied residence for 11 years and 4 months. | |||||||||||||||
| BRAVO 2026-NQM5 1000038 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 12.62%, max per guidelines is 50%. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 75%; max allowed per guidelines is 80%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 730 qualifying score. Min required per guidelines is 720. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 26.91 months PITIA, guidelines required 0 months PITIA. | |||||||||||||||
| BRAVO 2026-NQM5 1000192 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS2860: Good credit history - XXX Comments: Good credit history 0X30X344. CFCFS1739: Postive mortgage payment history - XXX Comments: Postive mortgage payment history 0X30X93. CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 28 years. | |||||||||||||||
| BRAVO 2026-NQM5 1000137 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 43 mos. Reserves required 0 mos. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at current residence for over 9 years | |||||||||||||||
| BRAVO 2026-NQM5 1000142 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: No lates on credit report. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 3 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 707 qualifying score. Min required per guidelines is 660. | |||||||||||||||
| BRAVO 2026-NQM5 1000143 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 70% is below max LTV of 80%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 711 FICO score. Minimum required 660. | |||||||||||||||
| BRAVO 2026-NQM5 1000056 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Missing the Power of Attorney specific to the transaction. | 12/31/25- Power of Attorney uploaded for review | Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current owner occupied residence for 5 years and 2 years. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 57.45%; max allowed per guidelines is 70%. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 37.14 months PITIA, guidelines required 0 months PITIA. |
| BRAVO 2026-NQM5 1000154 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 754 qualifying score. Min required per guidelines is 600 CFCFS1737: LTV below guideline requirements - XXX Comments: The HCLTV is 37.67% and guidelines allow the HCLTV to be 60% CFCFS1736: Significant time at current residence - XXX Comments: The borrower has occupied the primary residence for 4 years 6 months | |||||||||||||||
| BRAVO 2026-NQM5 1000222 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | N/A | N/A | B | B | B | B | A | A | N/A | N/A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH104 | Credit score below guidelines | No | Credit score of 682 is below guidelines of 700. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: The guarantor has owned primary residence for 15 years. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Mortgage payment history for guarantor primary residence was reviewed for 51 months with 0x30. |
| BRAVO 2026-NQM5 1000222 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | N/A | N/A | B | B | B | B | A | A | N/A | N/A | Credit | LTV/CLTV | Waived | B | B | B | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | LTV of 65% exceeds the maximum LTV of 60% for Mixed use property. Lender exception approval provided. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: The guarantor has owned primary residence for 15 years. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Mortgage payment history for guarantor primary residence was reviewed for 51 months with 0x30. |
| BRAVO 2026-NQM5 1000122 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 10 years 4 months. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for 24 years 9 months. CFCFS2860: Good credit history - XXX Comments: Good credit history 0X30X278. CFCFS1739: Postive mortgage payment history - XXX Comments: Positive mortgage payment history 0X30X99. | |||||||||||||||
| BRAVO 2026-NQM5 1000161 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL4033 | Missing Legal Document(s) | No | Missing release from borrower for fraud alert reflected on the credit report. | 01/09/2026 client provided Fraud alert for borrower from previous loan with XXX | 01/09/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 15 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 775 qualifying score. Min required per guidelines is 730. |
| BRAVO 2026-NQM5 1000161 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Potential Misrepresentation | Waived | C | B | C | B | CRDPMR1799 | Potential misrepresentation of occupancy | No | Appraisal dated XXX marked as vacant which is ineligible for Platinum program. Lease agreement in file start date of 11/1/2025. Recent renovations, but start date of lease was prior to appraisal. | 02/06/2026 Client response: Document Uploaded. Uploading updated ULAW with comp factors, XXX Lending has recently rolled out parameters for vacant refinances but this one still needs an exception.02/06/2026 XXX response: Upon further review by XXX Sr Underwriter, exception considered non-material; Final Grade B. Comp Factors for Credit Score and Time at Current Residence.02/06/2026 client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 15 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 775 qualifying score. Min required per guidelines is 730. |
| BRAVO 2026-NQM5 1000179 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score 747 exceeds guidelines 720. CFCFS1739: Postive mortgage payment history - XXX Comments: No mortgage lates on credit history. | |||||||||||||||
| BRAVO 2026-NQM5 1000223 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | N/A | N/A | C | A | C | A | A | A | N/A | N/A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing Certificate of Good Standing or equivalent document valid within ninety (90) days of the closing date. | 3/10/26- Client upload proof of Good standing | Exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 52% is < the maximum LTV of 75%. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Current subject mortgage was reviewed for 55 months with 0x30. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 784 is > the minimum credit score of 600. |
| BRAVO 2026-NQM5 1000224 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | A | A | D | A | N/A | N/A | D | A | A | A | D | A | N/A | N/A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR3116 | Missing updated valuation | No | Missing updated property valuation. | 3/9/26- Desk review uploaded for review | Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 784 mid score > min required of 600. CFCFS1742: Consumer credit history exceeds guidelines - XXX Comments: Borrower has 0x30 for 320 months. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower has 60 months mortgage payment history 0x30. |
| BRAVO 2026-NQM5 1000174 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH120 | Collections, charge offs, liens, etc. exceed guidelines | No | Missing documentation for payoff of collection account with XXX in the amount of $19,222. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower's have owned current primary residence for 15 years and 1 month. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 50% is < the maximum LTV of 60%. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $265,926.91 leaves reserves of $XXX or 155.02 mos. Reserves required 12 mos. |
| BRAVO 2026-NQM5 1000174 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH123 | No evidence of required debt payoff | No | Missing documentation to support Tax Lien reflected on the Lien & Judgment search has been paid in full. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower's have owned current primary residence for 15 years and 1 month. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 50% is < the maximum LTV of 60%. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $265,926.91 leaves reserves of $XXX or 155.02 mos. Reserves required 12 mos. |
| BRAVO 2026-NQM5 1000195 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 57.38% / Max LTV 75%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 773 exceeds min score requirement of 660. CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 46 months. CFCFS1742: Consumer credit history exceeds guidelines - XXX Comments: Consumer credit show 0x30x99. | |||||||||||||||
| BRAVO 2026-NQM5 1000225 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 38.46 months PITI, guidelines required 0 months PITI. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 790 qualifying score. Min required per guidelines is 780. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 46.15%; max allowed per guidelines is 65%. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current rented occupied residence for 15 years. CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history is for 20 months when 12 months are required. | |||||||||||||||
| BRAVO 2026-NQM5 1000062 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has owned current primary residence for 20 years. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 47.18% is < the maximum LTV of 75%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 800 is > the minimum credit score of 640. | |||||||||||||||
| BRAVO 2026-NQM5 1000226 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Minimum credit score is 700, borrower's credit score is 759 CFCFS1737: LTV below guideline requirements - XXX Comments: Maximum LTV 80%, subject's LTV is 75% CFCFS1739: Postive mortgage payment history - XXX Comments: Borrower has a 52 month mortgage payment history reporting on credit | |||||||||||||||
| BRAVO 2026-NQM5 1000138 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 27.01%, max per guidelines is 40%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 747 FICO score. Minimum required 700. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 70% is below max LTV of 80%. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for 4 years. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 6 years, 3 months. | |||||||||||||||
| BRAVO 2026-NQM5 1000166 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has 5.6 years at primary. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 750 qualifying score. Min required per guidelines is 640. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 70%; max allowed per guidelines is 85%. | |||||||||||||||
| BRAVO 2026-NQM5 1000157 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: Borrowers have resided in current owner occupied residence for 8 years and 7 months. CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history is for 23 months when 12 months are required. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 53.80%; max allowed per guidelines is 70%. | |||||||||||||||
| BRAVO 2026-NQM5 1000047 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS2860: Good credit history - XXX Comments: Borrower has an excellent credit payment history with 99 months reviewed reporting 0 late payments. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 783 FICO score. Minimum required 640. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 3 years 7 months.. | |||||||||||||||
| BRAVO 2026-NQM5 1000158 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Post Close Assets are $XXX or 2746.56 months of PITIA. CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 45 months. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 743 exceeds min score requirement of 660. | |||||||||||||||
| BRAVO 2026-NQM5 1000099 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 678 is > the minimum credit score of 640. | |||||||||||||||
| BRAVO 2026-NQM5 1000171 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | N/A | N/A | B | B | B | B | A | A | N/A | N/A | Credit | Terms/Guidelines | Waived | B | B | B | B | CRDTER113 | Loan amount is below guideline minimum | No | Loan amount $XXX is below the guideline minimum of $100,000. Lender approval in file. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX exceed guidelines $0. |
| BRAVO 2026-NQM5 1000111 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2996 | Missing Trust Documents | No | Missing a copy of the Trust Agreement | 01/16/2026 client provided Certificate of Trust | 01/16/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 70%; max allowed per guidelines is 75%. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: $XXX Verified. CTC: $XXX. Post-Closing Assets: $XXX/$XXX PITI = 11.93-months reserves. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 806 qualifying score. Min required per guidelines is 730. |
| BRAVO 2026-NQM5 1000184 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 70%; max allowed per guidelines is 75%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 757 exceeds min score requirement of 640. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Credit report with a mortgage rating of 0x30x25, Guidelines are 12 months. | |||||||||||||||
| BRAVO 2026-NQM5 1000050 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for 9 years CFCFS1741: Credit score exceeds guidelines - XXX Comments: 780 qualifying score. Min required per guidelines is 660. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Post-Closing Assets: $XXX/$XXX PITIA = 6.36-months reserves. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 10.53%, max per guidelines is 50%. | |||||||||||||||
| BRAVO 2026-NQM5 1000083 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX exceed guidelines $0. | |||||||||||||||
| BRAVO 2026-NQM5 1000227 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 70%; max allowed per guidelines is 75%. CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 10 years. | |||||||||||||||
| BRAVO 2026-NQM5 1000196 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 750 qualifying score. Min required per guidelines is 640. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: No lates on mortgage history. | |||||||||||||||
| BRAVO 2026-NQM5 1000159 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 10 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 666 qualifying score. Min required per guidelines is 600. CFCFS1737: LTV below guideline requirements - XXX Comments: The HCLTV is 53.33% and guidelines allow the HCLTV to be 75% | |||||||||||||||
| BRAVO 2026-NQM5 1000193 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 60% / Max LTV 70%. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 4 years. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Post Close Assets are $XXX or 19.65 months of PITIA. | |||||||||||||||
| BRAVO 2026-NQM5 1000135 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Missing the Authorization for Automatic Payment and copy of voided check as required for Entity loans. | 02/11/2026 client provided ACH form | 02/11/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 10.47 months. No reserves required. CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage history reporting to credit is positive. CFCFS1736: Significant time at current residence - XXX Comments: The co-borrower has lived at the current residence for 7 years |
| BRAVO 2026-NQM5 1000147 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 2 years CFCFS1741: Credit score exceeds guidelines - XXX Comments: Qualifying score 744, minimum 720 for 80% LTV CFCFS2860: Good credit history - XXX Comments: Credit history is positive over the review period. | |||||||||||||||
| BRAVO 2026-NQM5 1000084 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | N/A | N/A | B | B | B | B | A | A | N/A | N/A | Credit | Terms/Guidelines | Waived | B | B | B | B | CRDTER113 | Loan amount is below guideline minimum | No | Loan amt $XXX is below min requirement of $100,000. Lender exception approval provided | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 743 FICO score. Minimum required 640. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Borrower has $XXX in verified cash reserves. |
| BRAVO 2026-NQM5 1000211 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - XXX Comments: B1 has been XXX at current job for 8 years. | |||||||||||||||
| BRAVO 2026-NQM5 1000216 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 3 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 699 exceeds min score requirement of 660. | |||||||||||||||
| BRAVO 2026-NQM5 1000039 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Title commitment reflects proposed policy amount of $XXX and the Note reflects loan amount of $XXX. | 01/06/2026 client provided Title commitment | 01/06/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 764 is > the minimum credit score of 660. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $85,582.92 leaves reserves of $XXX or 4.62 mos. Reserves required 3 mos for exceptions. |
| BRAVO 2026-NQM5 1000097 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 70% / Max LTV 75%. CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 75 months. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 753 exceeds min score requirement of 640. CFCFS1742: Consumer credit history exceeds guidelines - XXX Comments: Consumer credit show 0x30x99. | |||||||||||||||
| BRAVO 2026-NQM5 1000132 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR3278 | Hazard Insurance documentation in file is incomplete | No | Provide the HO6 Insurance Policy for subject. Documentation in file appears to be the Master Policy and does not specify subject unit. | 2/18/26- Document Uploaded. Corrected EOI reflecting unit number uploaded. Property is covered under a Commercial policy as the entire complex is insured for $1.3 million, therefore, there is no HO6 insurance | Exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: The HCLTV is 70% and guidelines allow the HCLTV to be 75% |
| BRAVO 2026-NQM5 1000207 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 12 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 778 FICO score. Minimum required 640. CFCFS2860: Good credit history - XXX Comments: Borrower has an excellent credit payment history with 99 months reviewed reporting 0 late payments. | |||||||||||||||
| BRAVO 2026-NQM5 1000228 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 50% is < the maximum LTV of 70%. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 4 years. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $54,669.47 leaves reserves of $XXX or 4.30 mos. Reserves required 0 mos. | |||||||||||||||
| BRAVO 2026-NQM5 1000079 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | LTV/CLTV | Waived | B | B | B | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | LTV 80% exceeds the maximum of 75% for cash out refinance. Lender approval in file. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Min credit score required 660. File credit score 793. CFCFS2854: Significant time in profession - XXX Comments: 10 years and 9 months in current profession CFCFS1736: Significant time at current residence - XXX Comments: 11 years and 6 months in current residence. |
| BRAVO 2026-NQM5 1000081 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 74.99% is below max LTV of 80%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 756 exceeds min score requirement of 660. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $59,582.32 leaves reserves of $XX or 128.87 mos. Reserves required 0 mos. | |||||||||||||||
| BRAVO 2026-NQM5 1000112 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Title Supplement dated XXX reflects the Proposed Insured as XXX. The Deed of Trust reflects the borrowers name as XXX. | 02/04/2026 client response: Title simply used a shortened version of her name without the middle name on that supp dated 12/12/25 but the final wire request from title dated 1/27/26, did show the full name with middle name. Uploading for review | 02/04/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $448,504.49 leaves reserves of $XXX or 5.44 mos. Reserves required 0 mos. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Mortgage payment history is 0 x 30 for 28 and 41 months when 12 months are required. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 741 is > the minimum credit score of 640. |
| BRAVO 2026-NQM5 1000105 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 16 years. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX exceed guidelines $0. | |||||||||||||||
| BRAVO 2026-NQM5 1000229 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: All mortgages paid as agreed with 0x30. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 734 is > the the minimum credit score of 640. | |||||||||||||||
| BRAVO 2026-NQM5 1000208 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2860: Good credit history - XXX Comments: Good credit history 1X30X424. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 685 qualifying score. Min required per guidelines is 660. CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence 10 years. CFCFS1739: Postive mortgage payment history - XXX Comments: Postive mortgage payment history 0X30X57. | |||||||||||||||
| BRAVO 2026-NQM5 1000209 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - XXX Comments: DTI 5.53% is below guideline requirement of 50%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Min credit score required 640. File credit score 687. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower has mortgage payment history 0x30 since 4/2021. | |||||||||||||||
| BRAVO 2026-NQM5 1000139 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or82.48 months PITIA, guidelines required 0 months PITIA. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current owner occupied residence for 14 years. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 46.31%; max allowed per guidelines is 75%. | |||||||||||||||
| BRAVO 2026-NQM5 1000230 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - XXX Comments: DTI 50.09% is below the guideline minimum of 50.49%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 791 mid score > min required of 700. CFCFS1742: Consumer credit history exceeds guidelines - XXX Comments: Borrower has 0x30 for 240 months. | |||||||||||||||
| BRAVO 2026-NQM5 1000067 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $157,037.55 leaves reserves of $XXX or 3.46 mos. Reserves required 0 mos. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 4 years. | |||||||||||||||
| BRAVO 2026-NQM5 1000231 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV 50% is below guideline requirements of 60%. CFCFS1736: Significant time at current residence - XXX Comments: CB has 9 years at current primary. | |||||||||||||||
| BRAVO 2026-NQM5 1000232 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Application | Satisfied | D | A | D | A | CRDAPP227 | Application Not Signed by Co-Borrower | No | Missing the signed 1003 for each Guarantor. | 03/02/2026 client provided 1003 | 03/02/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV 50% is below guideline requirements of 60%. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower has mortgage payment history 0x30 since 6/2011. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score 782 exceeds guidelines 700. |
| BRAVO 2026-NQM5 1000232 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL191 | Missing Mortgage | No | Provide executed/notarized Mortgage. | 03/02/2026 client provided Signed Mortgage with Notary | 03/02/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV 50% is below guideline requirements of 60%. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower has mortgage payment history 0x30 since 6/2011. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score 782 exceeds guidelines 700. |
| BRAVO 2026-NQM5 1000085 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | Credit/Mtg History | Satisfied | C | A | C | A | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | Final 1003 is missing additional REO's not accounted for in DTI calculation; file XXX, XXX & XXX. Provide verification of PITI. Additional conditions may apply. | 01/15/2026 client provided updated ULAW & 1003 reflecting the 3 other XXX REOs along with FSS (TIA), Note (P&I) and 1007 for rental income for each of the other 3 loans. The other documents are noted with 2 numbers and 2 letters corresponding to the last digits of the address and name of the street, for example XXX is for XXX so that we can differentiate them all. | 01/15/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 20 years. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for 12 years 1 month. |
| BRAVO 2026-NQM5 1000085 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | Terms/Guidelines | Waived | B | B | B | B | CRDTER4631 | Loan parameters do not meet guidelines | No | XXX limits the number of open loans with the same borrower at any one time to a maximum of four (4) or an aggregate amount of $XXX, whichever is less for first mortgages only and one loan must be on an owner-occupied principal residence. Borrower has 4 investment properties with lender XXX. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 20 years. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for 12 years 1 month. |
| BRAVO 2026-NQM5 1000167 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Assets | Satisfied | D | A | D | A | CRDAST2354 | Asset Verification In File is Incomplete Per Requirements | No | Missing bank statement from XXX #XXX for 8/31/2025 to complete income calculation. | 01/15/2026 client provided Bank Statement | 01/15/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX exceed guidelines $0. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has occupied the primary residence for 20 years CFCFS1734: Borrower has significant time at current job - XXX Comments: The borrower has been XXX for 12 years 1 month |
| BRAVO 2026-NQM5 1000167 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Credit/Mtg History | Satisfied | C | A | C | A | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | Final 1003 is missing additional REO's not accounted for in DTI calculation; file XXX, XXX & XXX. Provide verification of PITI. Additional conditions may apply. | 01/15/2026 client response: Uploading updated ULAW & 1003 reflecting the 3 other XXX REOs along with FSS (TIA), Note (P&I) and 1007 for rental income for each of the other 3 loans. The other documents are noted with 2 numbers and 2 letters corresponding to the last digits of the address and name of the street, for example XXX is for XXX so that we can differentiate them all. | 01/15/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX exceed guidelines $0. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has occupied the primary residence for 20 years CFCFS1734: Borrower has significant time at current job - XXX Comments: The borrower has been XXX for 12 years 1 month |
| BRAVO 2026-NQM5 1000167 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Terms/Guidelines | Waived | B | B | B | B | CRDTER4631 | Loan parameters do not meet guidelines | No | XXX limits the number of open loans with the same borrower at any one time to a maximum of four (4) or an aggregate amount of $XXX, whichever is less for first mortgages only and one loan must be on an owner-occupied principal residence. Borrower has 4 investment properties with lender XXX. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX exceed guidelines $0. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has occupied the primary residence for 20 years CFCFS1734: Borrower has significant time at current job - XXX Comments: The borrower has been XXX for 12 years 1 month |
| BRAVO 2026-NQM5 1000031 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | Credit/Mtg History | Satisfied | C | A | C | A | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | Final 1003 is missing additional REO's not accounted for in DTI calculation; files XXX, XXX & XXX. Provide verification of PITI. Additional conditions may apply. | 01/15/2026 client response: Uploading updated ULAW & 1003 reflecting the 3 other XXX REOs along with FSS (TIA), Note (P&I) and 1007 for rental income for each of the other 3 loans. The other documents are noted with 2 numbers and 2 letters corresponding to the last digits of the address and name of the street, for example XXX is for XXX so that we can differentiate them all. | 01/15/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: The borrower has occupied the primary residence for 20 years CFCFS1734: Borrower has significant time at current job - XXX Comments: The borrower has been XXX for 12 years 1 month. |
| BRAVO 2026-NQM5 1000031 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | Terms/Guidelines | Waived | B | B | B | B | CRDTER4631 | Loan parameters do not meet guidelines | No | XXX limits the number of open loans with the same borrower at any one time to a maximum of four (4) or an aggregate amount of $XXX, whichever is less for first mortgages only and one loan must be on an owner-occupied principal residence. Borrower has 4 investment properties with lender XXX. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: The borrower has occupied the primary residence for 20 years CFCFS1734: Borrower has significant time at current job - XXX Comments: The borrower has been XXX for 12 years 1 month. |
| BRAVO 2026-NQM5 1000214 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Credit/Mtg History | Satisfied | C | A | C | A | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | Final 1003 is missing additional REO's not accounted for in DTI calculation; files XXX, XXX & XXX. Provide verification of PITI. Additional conditions may apply. | 01/15/2026 client response: Uploading updated ULAW & 1003 reflecting the 3 other XXX REOs along with FSS (TIA), Note (P&I) and 1007 for rental income for each of the other 3 loans. The other documents are noted with 2 numbers and 2 letters corresponding to the last digits of the address and name of the street, for example XXX is for XXX so that we can differentiate them all. | 1/15/26- exception satisfied | (No Data) | Not Applicable | CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history reporting to credit is positive. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 20 years. CFCFS1734: Borrower has significant time at current job - XXX Comments: The borrower been XXX for 11 years. |
| BRAVO 2026-NQM5 1000214 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC2408 | Income verification does not meet guidelines | No | Missing July 2025 bank statement from account ending XXX. XXX used the amount reported by lender on the lenders income worksheet for this month, additional conditions may apply after review of this statement. | 01/15/2026 client provided Bank Statement | 01/15/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history reporting to credit is positive. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 20 years. CFCFS1734: Borrower has significant time at current job - XXX Comments: The borrower been XXX for 11 years. |
| BRAVO 2026-NQM5 1000214 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Terms/Guidelines | Waived | B | B | B | B | CRDTER4631 | Loan parameters do not meet guidelines | No | XXX limits the number of open loans with the same borrower at any one time to a maximum of four (4) or an aggregate amount of $XXX, whichever is less for first mortgages only and one loan must be on an owner-occupied principal residence. Borrower has 4 investment properties with lender XXX. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history reporting to credit is positive. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 20 years. CFCFS1734: Borrower has significant time at current job - XXX Comments: The borrower been XXX for 11 years. |
| BRAVO 2026-NQM5 1000233 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1746: Significant housing expense reduction - XXX Comments: Reduced the PITI payment from $2,610.84 to $2,466.43 PITI new loan = $144.41 reduction in monthly mortgage debt service. | |||||||||||||||
| BRAVO 2026-NQM5 1000051 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Qualifying score 753 is above the minimum required score of 660 CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage history is positive over the review period. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 52.42%; max allowed per guidelines is 75%. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 2 years | |||||||||||||||
| BRAVO 2026-NQM5 1000234 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | N/A | N/A | B | B | B | B | A | A | N/A | N/A | Credit | LTV/CLTV | Waived | B | B | B | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | Per guidelines, maximum LTV for cash-out refinance for Manufactured Home, is 60%. Subject transaction is 65% LTV. Lender provided an exception. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history is for 38 months when 12 months are required. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX m025.28 or 114.52 months PITI, guidelines required 0 months PITI. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current owner occupied residence for 10 years. |
| BRAVO 2026-NQM5 1000235 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Income/Employment | Waived | B | B | B | B | CRDINC150 | Income docs do not meet guidelines | No | Borrower's drivers license matches subject investment property. Lender required 3 months rent receipts from tenant. File contains two months rent receipts only. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 29.85 is below max of 60%. |
| BRAVO 2026-NQM5 1000063 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 788 is > the minimum credit score of 660. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $31,622.49 leaves reserves of $XXX or 8.61 mos. Reserves required 3 months for exception. | |||||||||||||||
| BRAVO 2026-NQM5 1000032 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Credit report with a mortgage rating of 0x30x24. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 801 exceeds min score requirement of 640. | |||||||||||||||
| BRAVO 2026-NQM5 1000136 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 47.42 months PITI, guidelines required 0 months PITI. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current owner occupied residence for 30 years. CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history is for 82 months when 12 months are required. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 714 qualifying score. Min required per guidelines is 700. | |||||||||||||||
| BRAVO 2026-NQM5 1000108 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 12 years 7 months. | |||||||||||||||
| BRAVO 2026-NQM5 1000210 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 52.17%; max allowed per guidelines is 60%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 800 qualifying score. Min required per guidelines is 780 CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 104.78 months PITI, guidelines required 0 months PITI. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current occupied residence for 11 years. | |||||||||||||||
| BRAVO 2026-NQM5 1000092 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - XXX Comments: The HCLTV is 55.18% and guidelines allow the HCLTV to be 60%. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 15.28% and guidelines allow the DTI to be 50.49% CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Post-closing Assets: $XXX/$XXX PITI = 12.57-months reserves. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has occupied the primary residence for 4 years 4 months. | |||||||||||||||
| BRAVO 2026-NQM5 1000236 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 757 Credit score exceeds minimum guideline score of 660. CFCFS1739: Postive mortgage payment history - XXX Comments: Positive mortgage payment history 1X30X26. | |||||||||||||||
| BRAVO 2026-NQM5 1000212 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: 7 years and 11 months in current residence. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Min credit score required 720. File credit score 789 CFCFS2854: Significant time in profession - XXX Comments: 2 years and 11 months in current profession | |||||||||||||||
| BRAVO 2026-NQM5 1000180 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | N/A | N/A | B | B | B | B | A | A | N/A | N/A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH104 | Credit score below guidelines | No | Credit score of 638 is < the minimum credit score of 640 is required for short term rental. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 48.08% is < the maximum LTV of 60%. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI of 35.92% is < the maximum DTI of 50%. CFCFS1734: Borrower has significant time at current job - XXX Comments: Per VVOE, the guarantor has been employed with current employer for 25 years and 1 month with a start date of 12/27/2000. CFCFS1736: Significant time at current residence - XXX Comments: Guarantor has lived at current primary residence for 20 years. |
| BRAVO 2026-NQM5 1000140 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH123 | No evidence of required debt payoff | No | Missing documentation to support the payoff of CXXX charge off with a date of last activity of 4/2025. Per guidelines charge off's < 2 years since last activity must be paid off unless it is medical. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 50% is < the maximum LTV of 65%. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has owned current primary residence for 15 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 676 is > the minimum credit score of 640. |
| BRAVO 2026-NQM5 1000175 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 70% is < the maximum LTV of 75%. CFCFS1736: Significant time at current residence - XXX Comments: Guarantor has lived at current primary residence for 36 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 665 is > the minimum credit score of 640. | |||||||||||||||
| BRAVO 2026-NQM5 1000095 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 64.98%; max allowed per guidelines is 70%. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 4395.35 months PITIA, guidelines required 0 months PITIA. | |||||||||||||||
| BRAVO 2026-NQM5 1000194 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | 1003 reflects the borrower has lived at XXX for 7 years. Borrower's drivers license and bank statements reflect the borrower's address of XXX. HELOC Mortgage statement for XXX reflects borrower's mailing address of XXX Missing clarification of primary residence. | 2/2/25- As this is a DSCR loan, the borrowers private residency is not scrutinized for past inconsistencies years before the application was taken. This is not a TRID loan so these practices would not be followed on a business purpose loan. | Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 732 is > the minimum credit score of 700. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: 2 open mortgage were reviewed for 82 months with 0x 30. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has owned current primary residence for 7 years. |
| BRAVO 2026-NQM5 1000194 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | Terms/Guidelines | Waived | B | B | B | B | CRDTER4631 | Loan parameters do not meet guidelines | No | HUD dated 1/28/2026 reflects borrower received cash out of $XXX and with a loan amount of $XXX and LTV of 70%. Per guidelines, the maximum cash out is $500,000 for loans < $1,500,000 and with an LTV > 65%. Lender exception approval provided. | 2/2/26- Client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 732 is > the minimum credit score of 700. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: 2 open mortgage were reviewed for 82 months with 0x 30. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has owned current primary residence for 7 years. |
| BRAVO 2026-NQM5 1000033 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 798 FICO score. Minimum required 660. CFCFS2860: Good credit history - XXX Comments: Borrower has an excellent credit payment history with 99 months reviewed reporting 0 late payments. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 13 years, 9 months.. | |||||||||||||||
| BRAVO 2026-NQM5 1000172 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 735 qualifying score. Min required per guidelines is 660. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Post-Closing Assets: $XXX/$XXX PITI = 3.21 months reserves. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 80%; max allowed per guidelines is 85%. | |||||||||||||||
| BRAVO 2026-NQM5 1000113 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 44.44% is < the maximum LTV of 70%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 715 is > the minimum credit score of 640. | |||||||||||||||
| BRAVO 2026-NQM5 1000185 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Assets | Satisfied | D | A | D | A | CRDAST2354 | Asset Verification In File is Incomplete Per Requirements | No | Missing verified source and receipt of donor funds for Gift $XXX from XXX Bank #XXX, Gift $XXX from XXX #XXX and Gift $XXX from XXX #XXX. | 02/05/2026 client response: Uploading copies of check deposits for all gift funds to borrowers XXX account. | 02/05/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: 2 years and 4 months in current residence. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 798 FICO score. Minimum required 640. |
| BRAVO 2026-NQM5 1000185 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Assets | Waived | C | B | C | B | CRDAST205 | Insufficient Funds to Close | No | Verified assets of $XXX (XXX#XXX XXX+ Gift funds $XXX deposited to XXX Bank #XXX 1/5/26 and XXX Bank #XXX $XXX). Cash to close $XXX leaves funds short to close $XXX. If deposit of $XXX on 1/5/26 is not total of gift deposits provide source of this deposit. | 02/05/2026 Client response: Uploading updated ULAW with comp factors.02/05/2026 XXX response: Upon further review by XXX Sr Underwriter, exception considered non-material;02/05/2026 Final Grade B. Comp Factors for Credit Score and Time at Current Residence. | 02/05/2026 Final Grade B. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: 2 years and 4 months in current residence. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 798 FICO score. Minimum required 640. |
| BRAVO 2026-NQM5 1000185 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Assets | Waived | C | B | C | B | CRDAST3078 | Insufficient # of months cash reserves for PITI per guideline requirements | No | Verified assets $XXX. Cash to close $92,730.12 short funds to close $XXX. Required reserves $XXX leaving borrower short verified assets of $XXX. | 02/05/2026 Client response: Uploading updated ULAW with comp factors.02/05/2026 XXX response: Upon further review by XXX Sr Underwriter, exception considered non-material; Final Grade B. Comp Factors for Credit Score and Time at Current Residence.02/09/2026 client acknowledged exception | 02/09/2026 Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: 2 years and 4 months in current residence. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 798 FICO score. Minimum required 640. |
| BRAVO 2026-NQM5 1000185 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | No | VOR provided is from private landlord and 24 months cancelled checks is required. Escrow waiver requires 24 month housing history. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: 2 years and 4 months in current residence. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 798 FICO score. Minimum required 640. |
| BRAVO 2026-NQM5 1000189 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 782 exceeds guideline score of 720. CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 10 years. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves o $XXX exceed guideline of $0 reserves required. CFCFS1739: Postive mortgage payment history - XXX Comments: Positive mortgage payment history 0X30X64. | |||||||||||||||
| BRAVO 2026-NQM5 1000237 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH104 | Credit score below guidelines | No | Credit score 619 is below guidelines of 640 for DSCR < 1 (0.9995%). | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1746: Significant housing expense reduction - XXX Comments: The refinance lowered the total monthly payment from $4,069.00 per the credit report to $3,001.45 PITI for new loan which is a $1,067.55 monthly payment reduction. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has occupied the primary residence for 4 years. CFCFS1737: LTV below guideline requirements - XXX Comments: The LTV is 36.53% and guidelines allow the LTV to be 65% |
| BRAVO 2026-NQM5 1000040 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history is for 99 months when 12 months are required. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current owner occupied residence for 18 years and 8 months. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV 49.05% is below guideline requirements of 80%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 778 qualifying score. Min required per guidelines is 660. | |||||||||||||||
| BRAVO 2026-NQM5 1000073 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 5 years 2 months. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX. Required reserves $0. | |||||||||||||||
| BRAVO 2026-NQM5 1000109 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | B | B | A | A | B | B | B | B | B | B | A | A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH104 | Credit score below guidelines | No | Per matrix, minimum FICO of 700 is required for cash out refinance of rural property. Borrower's FICO score is 694. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 104.44 months PITIA, guidelines required 0 months PITIA. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 42.37%; max allowed per guidelines is 70%. |
| BRAVO 2026-NQM5 1000109 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | B | B | A | A | B | B | B | B | B | B | A | A | Property Valuations | Property | Waived | B | B | B | B | PRVAPROP177 | Property Issues Indicated | No | Per guidelines, XXX will purchase loans secured by properties that are located on lot sizes up to twenty-five (25) acres. Per appraisal subject is XXX acres. Lender provided an exception. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 104.44 months PITIA, guidelines required 0 months PITIA. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 42.37%; max allowed per guidelines is 70%. |
| BRAVO 2026-NQM5 1000162 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 691 FICO score. Minimum required 640. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 67.01% is below max LTV of 70%. | |||||||||||||||
| BRAVO 2026-NQM5 1000057 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | A | A | C | B | A | A | C | B | A | A | C | B | A | A | Property Valuations | Property | Waived | C | B | C | B | PRVAPROP177 | Property Issues Indicated | No | Per Affixation Affidavit subject manufacture home was constructed in 1971. Per Guidelines, manufactured homes constructed prior to 6/15/1976 are ineligible. | 02/12/2026 client response: Document Uploaded. Uploading updated ULAW with comp factors.02/12/2026 XXX response: Upon further review by XXX Sr Underwriter, exception considered non-material; Final Grade B. Comp Factors for Credit Score and Mortgage Payment History. 02/12/2026 client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Mortgage history for primary residence was reviewed for 40 months with 0x30. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 737 is > the minimum credit score of 620. |
| BRAVO 2026-NQM5 1000197 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1739: Postive mortgage payment history - XXX Comments: Postive mortgage payment history 1x30x82. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 63.33% is below max guideline requirement of 75%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 735 qualifying score. Min required per guidelines is 600. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 2 years 11 months. | |||||||||||||||
| BRAVO 2026-NQM5 1000082 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: Borrowers hve resided in current occupied residence for 7 years. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 60%; max allowed per guidelines is 80%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 762 qualifying score. Min required per guidelines is 600. | |||||||||||||||
| BRAVO 2026-NQM5 1000146 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Current 1st mortgage history reviewed for 44 months with 0x 30. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 725 is > the minimum credit score of 660. | |||||||||||||||
| BRAVO 2026-NQM5 1000160 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - XXX Comments: DTI of 8.23% is < the maximum DTI of 50%. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has owned current primary residences for 5 years and 2 months. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 726 is > the minimum credit score of 660. | |||||||||||||||
| BRAVO 2026-NQM5 1000198 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | B | B | D | A | A | A | D | B | B | B | D | A | A | A | Credit | Terms/Guidelines | Waived | B | B | B | B | CRDTER4631 | Loan parameters do not meet guidelines | No | DTI of 44.57% exceed maximum DTI of 40% and loan was approved with 1 year PPP. Per page 1 of the appraisal, the subject property is vacant. Per guidelines, Vacant Properties Refinance require a Min 700 FICO: DTI 40: 3 Year PPP (where allowable) and 6 months reserves. DTI exceeds guidelines and PPP is < 3 years. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has owned current primary residence for 11 years and 1 month. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 40.35% is < the maximum LTV of 70%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 773 is > the minimum credit score of 700. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 59.57 mos. Reserves required 6 mos. |
| BRAVO 2026-NQM5 1000198 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | B | B | D | A | A | A | D | B | B | B | D | A | A | A | Property Valuations | Appraisal | Satisfied | C | A | C | A | PRVAAPPR1939 | Appraiser License for Incorrect State | No | Missing completed appraisal. File contains pages 1-3 only. | 02/11/2026 client provided Appraisal | 02/11/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has owned current primary residence for 11 years and 1 month. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 40.35% is < the maximum LTV of 70%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 773 is > the minimum credit score of 700. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 59.57 mos. Reserves required 6 mos. |
| BRAVO 2026-NQM5 1000198 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | B | B | D | A | A | A | D | B | B | B | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR101 | Appraisal incomplete (missing map, layout, pages, etc) | No | Missing completed appraisal. File contains pages 1-3 only. | 02/11/2026 client provided Appraisal | 02/11/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has owned current primary residence for 11 years and 1 month. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 40.35% is < the maximum LTV of 70%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 773 is > the minimum credit score of 700. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 59.57 mos. Reserves required 6 mos. |
| BRAVO 2026-NQM5 1000198 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | B | B | D | A | A | A | D | B | B | B | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR271 | Comp photos are missing | No | Missing completed appraisal. File contains pages 1-3 only. | 02/11/2026 client provided Appraisal | 02/11/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has owned current primary residence for 11 years and 1 month. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 40.35% is < the maximum LTV of 70%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 773 is > the minimum credit score of 700. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 59.57 mos. Reserves required 6 mos. |
| BRAVO 2026-NQM5 1000198 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | B | B | D | A | A | A | D | B | B | B | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR281 | Subject Photos are missing | No | Missing completed appraisal. File contains pages 1-3 only. | 02/11/2026 client provided Appraisal | 02/11/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has owned current primary residence for 11 years and 1 month. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 40.35% is < the maximum LTV of 70%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 773 is > the minimum credit score of 700. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 59.57 mos. Reserves required 6 mos. |
| BRAVO 2026-NQM5 1000198 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | B | B | D | A | A | A | D | B | B | B | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR284 | Appraiser License Missing | No | Missing completed appraisal. File contains pages 1-3 only. | 02/11/2026 client provided Appraisal | 02/11/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has owned current primary residence for 11 years and 1 month. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 40.35% is < the maximum LTV of 70%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 773 is > the minimum credit score of 700. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 59.57 mos. Reserves required 6 mos. |
| BRAVO 2026-NQM5 1000068 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower has mortgage payment history 0x30 since 6/2020 and 2x30 since 6/1997. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score 693 exceeds guidelines 600. | |||||||||||||||
| BRAVO 2026-NQM5 1000148 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1742: Consumer credit history exceeds guidelines - XXX Comments: Consumer credit show 0x30x72 CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 693 exceeds min score requirement of 600. | |||||||||||||||
| BRAVO 2026-NQM5 1000201 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 3 years. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 75%; max allowed per guidelines is 85%. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves of $XXX exceed guidelines of $0. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 724 qualifying score. Min required per guidelines is 640. | |||||||||||||||
| BRAVO 2026-NQM5 1000149 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 50% / Max LTV 70%. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Post Close Assets are $XXX or 18.52 months of PITIA. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 6 years. | |||||||||||||||
| BRAVO 2026-NQM5 1000199 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX exceed guidelines $0. | |||||||||||||||
| BRAVO 2026-NQM5 1000070 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 4 years 8 months. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Post-Closing Assets: $XXX/$XXX PITI = 1.10 months reserves. | |||||||||||||||
| BRAVO 2026-NQM5 1000086 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 61.43 mos. Reserves required 0 mos. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 765 is > the minimum credit score of 660. | |||||||||||||||
| BRAVO 2026-NQM5 1000239 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 6 years. | |||||||||||||||
| BRAVO 2026-NQM5 1000173 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Mortgage payment history is 0 X 30 for 52, 67 and 53 months for three paid off accounts when 12 months are required. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 69.99% is < the maximum LTV of 75%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit Score of 788 is > the minimum credit score of 640. | |||||||||||||||
| BRAVO 2026-NQM5 1000169 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 62 months. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV 42.31% is below guideline requirements of 65%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 735 exceeds min score requirement of 640. | |||||||||||||||
| BRAVO 2026-NQM5 1000176 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | Terms/Guidelines | Waived | C | B | C | B | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing signed page 2 of the Authorization Agreement for Automated Clearing House (ACH) mortgage Payment reflect "yes". File contains fully completed page 1 and a voided check. | 02/11/2026 client response: Document Uploaded. Uploading updated ULAW with comp factors02/11/2026 XXX response: Upon further review by XXX Sr Underwriter, exception considered non-material; Final Grade B. Comp Factors for Credit Score, Reserves, Mortgage Payment History and Time at Current Residence.02/11/2026 client acknowledged exception | 02/11/2026 Final grade B | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower's current mortgage on primary residence was reviewed for 72 months with 0x30. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 800 is > the minimum credit score of 640. CFCFS1736: Significant time at current residence - XXX Comments: Borrower's have owned current primary residence for 8 years and 10 months. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 7.88 mos. Reserves required 0 mos. |
| BRAVO 2026-NQM5 1000240 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 38.04% / Max LTV 65%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 622 exceeds min score requirement of 620. | |||||||||||||||
| BRAVO 2026-NQM5 1000114 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2860: Good credit history - XXX Comments: Good credit history 0X30X210. CFCFS1739: Postive mortgage payment history - XXX Comments: Postive mortgage payment history 0X30X80. CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 22 years, | |||||||||||||||
| BRAVO 2026-NQM5 1000241 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 703 exceeds min score requirement of 660. CFCFS1742: Consumer credit history exceeds guidelines - XXX Comments: Consumer credit show 0x30x99. | |||||||||||||||
| BRAVO 2026-NQM5 1000242 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at current residence for 5 years and 2 months. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 733 is > the minimum credit score of 700 | |||||||||||||||
| BRAVO 2026-NQM5 1000181 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | LTV/CLTV | Waived | B | B | B | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | Per guidelines, maximum LTV for Foreign National, is 70%. Subject is 75%. Lender provided an exception. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current owner occupied residence for 9 years. |
| BRAVO 2026-NQM5 1000098 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 762 FICO score. Minimum required 640. CFCFS1736: Significant time at current residence - XXX Comments: 5 years and 0 months in current residence. | |||||||||||||||
| BRAVO 2026-NQM5 1000102 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history is for 53 months when 12 months are required. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 55.56 months PITI, guidelines required 0 months PITIA. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 729 qualifying score. Min required per guidelines is 720. | |||||||||||||||
| BRAVO 2026-NQM5 1000186 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Assets | Satisfied | D | A | D | A | CRDAST2670 | Asset documentation is insufficient per guideline requirements | No | Missing documentation of the 2 HELOC loans used for funds to close from XXX and XXX as required by guidelines. (The terms of the debt must be verified by the institution or by a copy of the loan documentation. The closed loan package must contain a copy of the executed note reflecting the same terms as disclosed in the submission package. Proof of receipt of the funds must be provided in the closed loan package.) | 02/09/2026 client provided XXX and XXX monthly billing statements | 02/09/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage history reporting to credit is positive. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 730 qualifying score. Min required per guidelines is 660. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 2 years CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 4.65 mos. No reserves required. |
| BRAVO 2026-NQM5 1000041 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 51.66 months PITIA, guidelines required zero months PITIA. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Mortgage payment history is 0 x 30 for 97 months when 12 months are required. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 686 qualifying score. Min required per guidelines is 640 CFCFS1737: LTV below guideline requirements - XXX Comments: The HCLTV is 70% and guidelines allow the HCLTV to be 75% | |||||||||||||||
| BRAVO 2026-NQM5 1000243 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | A | A | B | B | A | A | B | B | A | A | B | B | A | A | Property Valuations | Property | Waived | B | B | B | B | PRVAPROP177 | Property Issues Indicated | No | Subject property is located in a PUD and lender will not lend on manufactured homes located in a PUD, per lender Guidelines, Sec 10.11. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 11 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 771 exceeds min score requirement of 720. |
| BRAVO 2026-NQM5 1000141 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR2400 | Missing Flood Certification Document | No | Missing Flood Certification | 02/17/2026 client provided Flood Certificate | 02/17/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: The borrower has occupied the primary residence for 10 years 2 months. CFCFS1734: Borrower has significant time at current job - XXX Comments: The borrower has been XXX for 6 years 6 months. CFCFS1737: LTV below guideline requirements - XXX Comments: The HCLTV is 58.90% and guidelines allow the HCLTV to be 80% CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Post Closing Assets: $XXX/ $XXX PITIA = 117.03-months reserves. |
| BRAVO 2026-NQM5 1000202 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: The borrower has occupied the primary residence for 5 years 2 months. | |||||||||||||||
| BRAVO 2026-NQM5 1000096 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has 33.9 years at current residence. | |||||||||||||||
| BRAVO 2026-NQM5 1000244 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | N/A | N/A | B | B | B | B | A | A | N/A | N/A | Credit | LTV/CLTV | Waived | B | B | B | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | LTV is 80%. Maximum LTV for credit score 719 is 75%. Lender provided an exception. | 4/6/26- Client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1746: Significant housing expense reduction - XXX Comments: Housing expense lowered from $2,575.91 to $2,345.09. CFCFS1739: Postive mortgage payment history - XXX Comments: Rental payment history is for 132 months when 12 months are required. |
| BRAVO 2026-NQM5 1000245 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Score of 751 exceeds min of 730 score. CFCFS1739: Postive mortgage payment history - XXX Comments: No mortgage lates on credit report. | |||||||||||||||
| BRAVO 2026-NQM5 1000123 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Application | Satisfied | D | A | D | A | CRDAPP3822 | Missing or incomplete documentation related to citizenship/residency | No | Missing an unexpired green card. Green card provided in file expired 9/10/2025. | 02/12/2026 client provided green card extension | 02/12/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1746: Significant housing expense reduction - XXX Comments: Subject payment reduced from $XXX (interest only) to $XXX (P&I) CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 721 is > the minimum credit score of 660. |
| BRAVO 2026-NQM5 1000123 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Credit/Mtg History | Waived | C | B | C | B | CRDCRMH2662 | Number of mortgaged properties exceeds guideline limit | No | Borrower has 4 XXX loans including the subject loan. The 1003 reflects all 4 loans are investment loans. Per guidelines the maximum number of open loans with the same borrower is 4 or an aggregate amount of $XXX whichever is less and if the borrower has more than 3 loans 1 must be owner occupied as their principal residence. | 02/12/2026 client response: Document Uploaded. Uploading updated ULAW with comp factors02/12/2026 XXX response: Upon further review by XXX Sr Underwriter, exception considered non-material; Final Grade B. Comp Factors for Credit Score and Housing Expense Reduction.02/12/2026 client acknowledged exception | 02/12/2026 Final grade B | (No Data) | Not Applicable | CFCFS1746: Significant housing expense reduction - XXX Comments: Subject payment reduced from $XXX (interest only) to $XXX (P&I) CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 721 is > the minimum credit score of 660. |
| BRAVO 2026-NQM5 1000246 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 4 years 6 months. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 680 is > the minimum credit score of 640. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 70% is < the maximum LTV of 75%. | |||||||||||||||
| BRAVO 2026-NQM5 1000247 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR848 | Missing Hazard Insurance | No | Missing Hazard Insurance | 03/20/2026 client provided Hazard Insurance Policy | 03/20/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 753 Credit score exceeds minimum guideline score of 700. CFCFS1739: Postive mortgage payment history - XXX Comments: Postive mortgage payment history 0x30x44. |
| BRAVO 2026-NQM5 1000247 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2864 | Copy of Mortgage/Deed in file is incomplete | No | Per the Mortgage dated XXX, the legal description was not provided in the document. | 4/29/26- Legal description provided | Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 753 Credit score exceeds minimum guideline score of 700. CFCFS1739: Postive mortgage payment history - XXX Comments: Postive mortgage payment history 0x30x44. |
| BRAVO 2026-NQM5 1000248 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | N/A | N/A | B | B | B | B | A | A | N/A | N/A | Credit | LTV/CLTV | Waived | B | B | B | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | DSCR < 1.0 Max CLTV: 75% for purchase. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 733 Credit score exceeds min guideline score of 640. CFCFS1739: Postive mortgage payment history - XXX Comments: Postive mortgage payment history 0x30x36. |
| BRAVO 2026-NQM5 1000249 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Mortgage history for all mortgage on the credit report reflect 0x30. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 764 is > the minimum credit score of 660. | |||||||||||||||
| BRAVO 2026-NQM5 1000250 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Cash back to the borrower of $XXX represents 24 months PITI reserves. None required. CFCFS2860: Good credit history - XXX Comments: Credit history is positive. | |||||||||||||||
| BRAVO 2026-NQM5 1000251 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 713 is > the minimum credit score of 660. | |||||||||||||||
| BRAVO 2026-NQM5 1000252 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: 3 years and 2 months in current residence. CFCFS2854: Significant time in profession - XXX Comments: 16 years and 0 months in current profession CFCFS1744: DTI below guideline requirement - XXX Comments: DTI 3.57% is below guideline requirement of 40%. | |||||||||||||||
| BRAVO 2026-NQM5 1000253 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | 1. Title commitment reflects loan amount of $XXX and Note and Deed reflects loan amount of $XXX.2. Prior mortgage reflected on Schedule B of the title commitment dated 1/29/2026 reflects mortgage to be released was dated XXX. A copy of the Note, Security Deed and HUD reflects a Note of XXX | 03/12/2026 client provided updated title report. | 03/12/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Mortgage history for primary residence 1st mortgage was reviewed for 63 months with 0x30. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 727 is > the minimum credit score of 700. |
| BRAVO 2026-NQM5 1000254 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL100 | Potential title issue | No | Provide release of lien from prior owner for mortgage to XXX dated XXX listed in Title Commitment Schedule B Part I #8. | 03/18/2026 client provided Certificate of Satisfaction | 03/18/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 673 exceeds min score requirement of 660. CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 44 months. CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 58.76% / Max LTV 75%. |
| BRAVO 2026-NQM5 1000255 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has 27 years at primary residence. | |||||||||||||||
| BRAVO 2026-NQM5 1000256 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1737: LTV below guideline requirements - XXX Comments: Maximum LTV 70%. Subject LTV is 50.00% CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. Cash to Close $XXX; leaves $XXX or 4.73 months reserves | |||||||||||||||
| BRAVO 2026-NQM5 1000257 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has owned primary residence for 7 years. | |||||||||||||||
| BRAVO 2026-NQM5 1000258 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 56.25% / Max LTV 65%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 753 exceeds min score requirement of 640. | |||||||||||||||
| BRAVO 2026-NQM5 1000259 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | N/A | N/A | B | B | B | B | A | A | N/A | N/A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | No | Missing 12 months rental history from primary residence on XXX | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: B2 has occupied his primary residence for 28 years. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower has mortgage payment history 0x30 since 5/2007. |
| BRAVO 2026-NQM5 1000259 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | N/A | N/A | B | B | B | B | A | A | N/A | N/A | Credit | Terms/Guidelines | Waived | B | B | B | B | CRDTER4631 | Loan parameters do not meet guidelines | No | Borrower as business entity requires Authorization Agreement for ACH to be accepted. Document in file states ACH not set up as automatic payment. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: B2 has occupied his primary residence for 28 years. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower has mortgage payment history 0x30 since 5/2007. |
| BRAVO 2026-NQM5 1000260 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Mortgage payment history was reviewed for primary residence for 82 months with 0x30. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 799 is > the minimum credit score of 600. | |||||||||||||||
| BRAVO 2026-NQM5 1000261 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 766 Credit score exceeds min guideline score of 640. CFCFS1739: Postive mortgage payment history - XXX Comments: Positive mortgage payment history 0x30x265. | |||||||||||||||
| BRAVO 2026-NQM5 1000263 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 58.09%; max allowed per guidelines is 65%. CFCFS1736: Significant time at current residence - XXX Comments: 17 years and 0 months in current residence. | |||||||||||||||
| BRAVO 2026-NQM5 1000264 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 786 is > the minimum credit score of 640. CFCFS1731: Verified cash reserves exceed guidelines | |||||||||||||||
| BRAVO 2026-NQM5 1000265 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Terms/Guidelines | Satisfied | D | A | D | A | CRDTER146 | Missing lender's loan approval/underwriting form | No | Missing lender's ULAW at closing Interest Rate of 6.25%. | 4/22/26- Uploading signed docs at 6.625% which match the Loan approval and ULAW in file | Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 2 years 6 months. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 59.88% is < the maximum LTV of 65%. |
| BRAVO 2026-NQM5 1000266 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 792 is > the minimum credit score of 600. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 43.68% is < the maximum LTV of 60% | |||||||||||||||
| BRAVO 2026-NQM5 1000267 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Lease used for DSCR of $XXX with only one month rent check provided. Three months minimum required per guidelines. | 03/06/26- Client states DSCR loans do not require proof of rents, that is only for TRID loans and NOO DTI. Guidelines state XXX may use the higher of actual or market rents. Where actual rents exceed market rents, then evidence of actual rents must be documented via three (3)months proof of rental income receipt and lease agreement(s) to continue at a minimum of three (3) months after closing. Exception remains. 3/10/26- Client uploaded revised LAW using the 1007 instead. | Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 7 years 2 months. CFCFS1739: Postive mortgage payment history - XXX Comments: Borrower has mortgage payment history 0x30 since XXX. |
| BRAVO 2026-NQM5 1000269 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC191 | Missing Mortgage | No | Provide Mortgage. | 3.27.26-Client provided Closing Package. | 3.27.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 10 years 11 months. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV 39.46% is below guideline requirements of 65%. CFCFS1739: Postive mortgage payment history - XXX Comments: Positive mortgage payment history 0x30x82. CFCFS2860: Good credit history - XXX Comments: Good credit history 0x30x329. |
| BRAVO 2026-NQM5 1000269 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC195 | Missing Note | No | Provide Note. | 3.27.26-Client provided Closing Package. | 3.27.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 10 years 11 months. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV 39.46% is below guideline requirements of 65%. CFCFS1739: Postive mortgage payment history - XXX Comments: Positive mortgage payment history 0x30x82. CFCFS2860: Good credit history - XXX Comments: Good credit history 0x30x329. |
| BRAVO 2026-NQM5 1000270 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Assets | Waived | B | B | B | B | CRDAST3078 | Insufficient # of months cash reserves for PITI per guideline requirements | No | Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 0.57 mos. Reserves required 6 mos. Short reserves. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: 6 months reserves required or $XXX. Borrower has post-close assets of $XXX or 19.32 months CFCFS1741: Credit score exceeds guidelines - XXX Comments: Minimum credit score required 700. Borrower's credit score is 732 CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at primary residence for over 7 years. |
| BRAVO 2026-NQM5 1000271 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 770 exceeds min score requirement of 660. CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 35 months. CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 60% / Max LTV 75%. | |||||||||||||||
| BRAVO 2026-NQM5 1000272 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 758 is > the minimum credit score of 640. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXXor 18.52 mos. Reserves required 0 mos. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has owned current primary residence for 17 years and 4 months. | |||||||||||||||
| BRAVO 2026-NQM5 1000273 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS2860: Good credit history - XXX Comments: Credit history is positive over the review period. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 1 year CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 5.15 mos. No reserves required. | |||||||||||||||
| BRAVO 2026-NQM5 1000274 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | A | B | B | N/A | N/A | D | B | D | A | B | B | N/A | N/A | Credit | DTI | Satisfied | D | A | D | A | CRDDTI2540 | Missing verification of some or all components of non-subject PITI | No | Missing verification of taxes for REO's located on XXX &XXX. Mortgage statements for each property show Guarantor 1 as name on statement. | 03/24/2026 client provided tax certs for both REOs | 03/24/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - XXX Comments: DTI of 45.03% is below max of 50%. CFCFS1735: Co-Borrower has significant time at current job - XXX Comments: CO-Borrower has 6 years at current job. |
| BRAVO 2026-NQM5 1000274 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | A | B | B | N/A | N/A | D | B | D | A | B | B | N/A | N/A | Property Valuations | Property | Waived | B | B | B | B | PRVAPROP177 | Property Issues Indicated | No | Subject property is XXX acres. Maximum acres per guidelines is 25. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - XXX Comments: DTI of 45.03% is below max of 50%. CFCFS1735: Co-Borrower has significant time at current job - XXX Comments: CO-Borrower has 6 years at current job. |
| BRAVO 2026-NQM5 1000275 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Terms/Guidelines | Waived | B | B | B | B | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing letter from spouse stating the borrower is not responsible for any payments for the primary residence (mortgage, taxes and insurance). | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has owned current primary residence for 27 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 725 is > the minimum credit score of 660. |
| BRAVO 2026-NQM5 1000276 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score 687 exceeds guidelines 640. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 70%; max allowed per guidelines is 75%. | |||||||||||||||
| BRAVO 2026-NQM5 1000277 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 735 exceeds min score requirement of 720. CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 70% / Max LTV 85%. | |||||||||||||||
| BRAVO 2026-NQM5 1000278 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Assets: Assets verified at $XXX cash from borrower $XXX equals $XXX OR 28.81 months PITIA. | |||||||||||||||
| BRAVO 2026-NQM5 1000279 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 732 FICO score. Minimum required 660. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX at current job for 10 years. | |||||||||||||||
| BRAVO 2026-NQM5 1000280 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 762 exceeds min score requirement of 720. CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 35 months. | |||||||||||||||
| BRAVO 2026-NQM5 1000281 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage history reporting to credit is positive. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 15 years CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 189 months. No reserves required. | |||||||||||||||
| BRAVO 2026-NQM5 1000282 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 201.61 mos. Reserves are not required CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 52 months. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 700 qualifying score. Min required per guidelines is 660. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 15 years. | |||||||||||||||
| BRAVO 2026-NQM5 1000283 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 53 years 3 months. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX. Required reserves $XXX. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 780 exceeds min score requirement of 700. | |||||||||||||||
| BRAVO 2026-NQM5 1000285 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | N/A | N/A | C | A | C | A | A | A | N/A | N/A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Title commitment reflect policy amount of $XXX; Note & Deed of Trust reflects loan amount of $XXX. | 03/27/2026 client provided corrected Title Commitment | 03/27/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 68.71 mos. Reserves required 0 mos. |
| BRAVO 2026-NQM5 1000286 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS2860: Good credit history - XXX Comments: Good credit history 0x30x143. CFCFS1737: LTV below guideline requirements - XXX Comments: 67.95% LTV below maximum guideline score of 75%. | |||||||||||||||
| BRAVO 2026-NQM5 1000287 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified Assets of $XXX, Cash to Close of $XXX with Reserves of $XXX. Reserves are not required. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 3 years 8 months. | |||||||||||||||
| BRAVO 2026-NQM5 1000288 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - XXX Comments: The HCLTV is 47.13% and guidelines allow the HCLTV to be 65% CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payments as agreed CFCFS1741: Credit score exceeds guidelines - XXX Comments: 791 qualifying score. Min required per guidelines is 600. | |||||||||||||||
| BRAVO 2026-NQM5 1000289 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 60% / Max LTV 65%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 791 exceeds min score requirement of 640. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 8 years 6 months. CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 82 months. | |||||||||||||||
| BRAVO 2026-NQM5 1000290 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - XXX Comments: The borrower has been XXX for 29 years CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage history reporting to credit is positive. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 14 years | |||||||||||||||
| BRAVO 2026-NQM5 1000291 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 782 exceeds min score requirement of 720. CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 80% / Max LTV 85%. CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 97 months. | |||||||||||||||
| BRAVO 2026-NQM5 1000292 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | C | A | D | A | N/A | N/A | D | A | C | A | D | A | N/A | N/A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Missing market rent schedule or lease showing rental income of $1,700 as stated on the loan file. | 03/25/2026 client response The 1025 appraisal form has the market rent schedule built into it on pg 2 | 03/25/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets $XXX. CTC $XXX leaves reserves of $XXX or 12.84 months. 6 mos reserves required. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 13 years CFCFS2860: Good credit history - XXX Comments: Credit history is positive over the review period |
| BRAVO 2026-NQM5 1000292 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | C | A | D | A | N/A | N/A | D | A | C | A | D | A | N/A | N/A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR101 | Appraisal incomplete (missing map, layout, pages, etc) | No | Appraisal in file is incomplete and only includes page 1,2,and 3. | 03/25/2026 client provided Appraisal | 03/25/2026 client provided Appraisal | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets $XXX. CTC $XXX leaves reserves of $XXX or 12.84 months. 6 mos reserves required. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 13 years CFCFS2860: Good credit history - XXX Comments: Credit history is positive over the review period |
| BRAVO 2026-NQM5 1000292 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | C | A | D | A | N/A | N/A | D | A | C | A | D | A | N/A | N/A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR271 | Comp photos are missing | No | Appraisal in file is incomplete and only includes page 1,2,and 3. | 03/25/2026 client provided Appraisal | 03/25/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets $XXX. CTC $XXX leaves reserves of $XXX or 12.84 months. 6 mos reserves required. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 13 years CFCFS2860: Good credit history - XXX Comments: Credit history is positive over the review period |
| BRAVO 2026-NQM5 1000292 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | C | A | D | A | N/A | N/A | D | A | C | A | D | A | N/A | N/A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR281 | Subject Photos are missing | No | Appraisal in file is incomplete and only includes page 1,2,and 3. | 03/25/2026 client provided Appraisal | 03/25/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets $XXX. CTC $XXX leaves reserves of $XXX or 12.84 months. 6 mos reserves required. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 13 years CFCFS2860: Good credit history - XXX Comments: Credit history is positive over the review period |
| BRAVO 2026-NQM5 1000292 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | A | C | A | D | A | N/A | N/A | D | A | C | A | D | A | N/A | N/A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR284 | Appraiser License Missing | No | Appraisal in file is incomplete and only includes page 1,2,and 3. | 03/25/2026 client provided Appraisal | 03/25/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets $XXX. CTC $XXX leaves reserves of $XXX or 12.84 months. 6 mos reserves required. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 13 years CFCFS2860: Good credit history - XXX Comments: Credit history is positive over the review period |
| BRAVO 2026-NQM5 1000293 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 744 exceeds min score requirement of 660. CFCFS1742: Consumer credit history exceeds guidelines - XXX Comments: Consumer credit show 0x30x29. | |||||||||||||||
| BRAVO 2026-NQM5 1000294 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | DTI | Satisfied | D | A | D | A | CRDDTI2540 | Missing verification of some or all components of non-subject PITI | No | Missing verification of taxes, insurance/HOA for REO on XXX. | 4/7/2026- Document Uploaded. Uploading LOE and property report showing that borrower deeded off the property in 2020, also uploading corrected 1003 to remove this property. | Exception satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has 11 years at job. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has 12 years at current residence. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 26.31 is below max of 65%. |
| BRAVO 2026-NQM5 1000294 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Terms/Guidelines | Waived | B | B | B | B | CRDTER110 | Loan amount exceeds guideline maximum | No | Loan amount of $XXX exceeds max of 3,000,000 per guides. Lender exception in file. | 4/7/26- Client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has 11 years at job. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has 12 years at current residence. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 26.31 is below max of 65%. |
| BRAVO 2026-NQM5 1000295 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - XXX Comments: Guarantor has lived at current primary residence for 5 years and 6 months. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 742 is > the minimum credit score of 700. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Current and previous mortgage paid as agreed with 0x30. | |||||||||||||||
| BRAVO 2026-NQM5 1000296 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at current residence for the past: 14 years. CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 91 months. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 791 exceeds min score requirement of 620. | |||||||||||||||
| BRAVO 2026-NQM5 1000297 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 90.02 months PITI, guidelines required 0 months PITI. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 60%; max allowed per guidelines is 75%. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current owner occupied residence for 8 years and 1 month. | |||||||||||||||
| BRAVO 2026-NQM5 1000298 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 55% / Max LTV 85%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 760 exceeds min score requirement of 720. | |||||||||||||||
| BRAVO 2026-NQM5 1000299 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1742: Consumer credit history exceeds guidelines - XXX Comments: Consumer credit show 0x30x99 CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at current residence for the past: 12 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 785 exceeds min score requirement of 720. | |||||||||||||||
| BRAVO 2026-NQM5 1000300 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: The borrower has occupied the primary residence for 5 years 6 months. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Credit report with a mortgage rating of 0x30x52. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 761 exceeds min score requirement of 640. | |||||||||||||||
| BRAVO 2026-NQM5 1000301 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower has mortgage payment history 0x30 since 1/2014. | |||||||||||||||
| BRAVO 2026-NQM5 1000087 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors |
Non-QM: Lender documented all ATR UW factors |
A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 28.29%; max allowed per guidelines is 60%. CFCFS1734: Borrower has significant time at current job - XXX Comments: The borrower has been working for the same employer for 5 years. CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage history reporting to credit is positive. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 18 years | |||||||||||||||
| BRAVO 2026-NQM5 1000120 | XXXXXX | XXXXXX | ATR Risk: Non-QM - Lender did not document all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Missing VVOE within 72 hours of funding for Borrower XXX, with XXX | 02/13/25026 client provided VVOE | 02/13/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 743 FICO score. Minimum required 700. CFCFS2854: Significant time in profession - XXX Comments: 9 years and 3 months in current profession |
| BRAVO 2026-NQM5 1000125 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current owner occupied residence for 7 years and 11 months. CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history is for 55 months when 12 months are required. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 45.03%; max allowed per guidelines is 75%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 739 qualifying score. Min required per guidelines is 730. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 12.78 months PITIA, guidelines required 0 months PITIA. | |||||||||||||||
| BRAVO 2026-NQM5 1000100 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1745: Significant total monthly debt reduction - XXX Comments: Paid off $43,620.00 in consumer debt which removed $1,202.00 from the monthly debt service CFCFS1737: LTV below guideline requirements - XXX Comments: The HCLTV is 25.97% and guidelines allow the HCLTV to be 65%. CFCFS1734: Borrower has significant time at current job - XXX Comments: B1 has been XXX for 5 years 1 month. | |||||||||||||||
| BRAVO 2026-NQM5 1000302 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | LTV/CLTV | Waived | B | B | B | B | CRDLTV3028 | LTV Exceeds Guideline Requirement by 10% or more | No | LTV of 80% exceeds maximum LTV of 70% for rural property. Lender exception approval provided. | 2/23/26- Client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 797 is > the minimum credit score of 700. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI of 17.45% is < the maximum DTI of 50%. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 17.04 mos. Reserves required 3 mos. |
| BRAVO 2026-NQM5 1000026 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | D | A | A | A | D | B | D | B | D | B | A | A | Credit | Application | Satisfied | D | A | D | A | CRDAPP130 | Application is incomplete | No | Per documents in the credit file, borrower is married, therefore creating 2 in household. Also, documents in credit file confirm borrower is renting present residence and does not own, as stated on final, signed 1003. Provide corrected 1003 to address these issues. | 09/28/2021 lender provided Corrected Final 1003 reflecting correction made on Marital & Current Address Status | 09/28/2021 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived present residence for XXX years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 728 exceed guideline requirement. Canceled. Per matrix the minimum credit score for AA borrower is 725. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of XXX below guideline requirement. |
| BRAVO 2026-NQM5 1000026 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | D | A | A | A | D | B | D | B | D | B | A | A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER109 | Cash Out Amount Exceeds Guidelines | No | Loan documents state transaction is a rate term refinance.Per guideline, Any type of IRS/income tax lien or other judgment that is attached to title is considered cash out. Per HUD and Title Document, IRS lien, in the amount of XXX, paid at closing, therefore, loan transaction is a cash-out refinance and not rate and term refinance. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived present residence for XXX years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 728 exceed guideline requirement. Canceled. Per matrix the minimum credit score for AA borrower is 725. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of XXX below guideline requirement. |
| BRAVO 2026-NQM5 1000026 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | D | A | A | A | D | B | D | B | D | B | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR5355 | Most recent FSD score outside of approved variance | No | Most recent FSD score of 23 is outside of approved variance of 10. XXX ordered on behalf of client. | 09/27/2021 XXX Desk Review received from XXX supporting appraisal value. |
09/27/2021 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived present residence for XXX years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 728 exceed guideline requirement. Canceled. Per matrix the minimum credit score for AA borrower is 725. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of XXX below guideline requirement. |
| BRAVO 2026-NQM5 1000026 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | D | B | D | B | D | A | A | A | D | B | D | B | D | B | A | A | Property Valuations | Value | Satisfied | C | A | C | B | PRVAVALU5249 | Property Value Not Supported | No | Missing updated valuation to support original appraisal value. XXX ordered on behalf of client. |
09/27/2021 XXX Desk Review received from XXX supporting appraisal value. | 09/27/2021 Exception satisfied | Not Applicable | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived present residence for XXX years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 728 exceed guideline requirement. Canceled. Per matrix the minimum credit score for AA borrower is 725. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of XXX below guideline requirement. |
| BRAVO 2026-NQM5 1000027 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | D | A | D | A | D | A | A | A | D | A | D | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | D | A | D | A | CMPTRID5107 | TRID - Seller CD not in file; need in order to complete fee entry |
No | Seller CD not in file; need in order to complete fee entry. | 10/25/2021: Lender provided the Seller CD. | 10/25/2021: Exception satisfied. | Not Applicable | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower have significant time of 25 years in current residence. CFCFS2854: Significant time in profession - XXX Comments: Borrower have significant time of 30 years in profession. CFCFS1744: DTI below guideline requirement - XXX Comments: Borrower DTI of 7.30% below guideline requirement. |
| BRAVO 2026-NQM5 1000027 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | D | A | D | A | D | A | A | A | D | A | D | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR5355 | Most recent FSD score outside of approved variance | No | Most recent FSD score of 15 is outside of approved variance of 10%. XXX ordered on behalf of client. | 10/27/2021 VRA Desk Review received from XXX supporting appraisal value. | 10/27/2021 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower have significant time of 25 years in current residence. CFCFS2854: Significant time in profession - XXX Comments: Borrower have significant time of 30 years in profession. CFCFS1744: DTI below guideline requirement - XXX Comments: Borrower DTI of 7.30% below guideline requirement. |
| BRAVO 2026-NQM5 1000028 | XXXXXX | XXXXXX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Application | Active | B | B | B | B | CRDAPP5430 | FNMA Application Form is Outdated | No | Application taken on XXX and completed on the old form XXX and not on the new FNMA form dated XXX | (No Data) | (No Data) | Not Applicable | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence of XXX years CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Cash Reserves XXX or 148.21 monthsNo reserves required |
| BRAVO 2026-NQM5 1000187 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has owned subject residence for 25 years. CFCFS2854: Significant time in profession - XXX Comments: Borrower has been in the same profession for 21 years. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV 56.25% is below guideline requirements of 75%. | |||||||||||||||
| BRAVO 2026-NQM5 1000177 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Application | Waived | B | B | B | B | CRDAPP2298 | Missing Second Appraisal | No | Property transferred XXX via Deed in Lieu of Foreclosure. Original owner transferred to private note holder who sold subject to borrower. Second appraisal would be required due to 150 elapsed. Lender approval in file. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - XXX Comments: DTI 7.46% is below guideline requirement of 50%. |
| BRAVO 2026-NQM5 1000037 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 637 qualifying score. Min required per guidelines is 620. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 6.73%, max per guidelines is 50.49%. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or XX months PITI, guidelines required 0 months PITI. | |||||||||||||||
| BRAVO 2026-NQM5 1000052 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | D | A | D | A | CRDTER146 | Missing lender's loan approval/underwriting form | No | Missing lender's loan approval worksheet | 02/04/2026 client provided ULAW | 02/04/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 9 years. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for 15 years 3 months. |
| BRAVO 2026-NQM5 1000163 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | C | A | D | B | D | B | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure |
Satisfied | C | A | C | A | CMPTRID3618 | TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing | No | Provide proof of receipt for Initial CD issued XXX at least 3 business days prior to closing. | 2.19.26-Client provided Initial CD issued & e-signed XXX. | 2.19.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for over 5 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 694 exceeds min score requirement of 660. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Credit report with a mortgage rating of 0x30x16. |
| BRAVO 2026-NQM5 1000163 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | C | A | D | B | D | B | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide proof of receipt for Initial CD issued XXX at least 3 business days prior to closing. | 2.19.26-Client provided Initial CD issued & e-signed XXX. | 2.19.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for over 5 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 694 exceeds min score requirement of 660. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Credit report with a mortgage rating of 0x30x16. |
| BRAVO 2026-NQM5 1000163 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | C | A | D | B | D | B | A | A | C | A | Credit | Assets | Waived | B | B | B | B | CRDAST3078 | Insufficient # of months cash reserves for PITI per guideline requirements | No | Total assets verified $XXX CTC $XXX leaves reserves of $XXX or 2.20 mos. Reserves required 3 mos. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for over 5 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 694 exceeds min score requirement of 660. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Credit report with a mortgage rating of 0x30x16. |
| BRAVO 2026-NQM5 1000163 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | C | A | D | B | D | B | A | A | C | A | Credit | DTI | Waived | B | B | B | B | CRDDTI187 | Debt Ratio > 50% | No | DTI of 50.53% exceeds max due to lender using 8.5 mos for YTD instead of actual 10.27 mos based on pay ending 11/8/25. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for over 5 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 694 exceeds min score requirement of 660. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Credit report with a mortgage rating of 0x30x16. |
| BRAVO 2026-NQM5 1000163 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | C | A | D | B | D | B | A | A | C | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC2408 | Income verification does not meet guidelines | No | Missing October 2025 XXX bank stmt and 2024 W2 both used and needed for income calculation. | 02/10/2026 client response: Uploading bank statement and 2024 W202/10/2026 XXX response: Exception has been partially satisfied. Provided W2 for 2024 is satisfied. Bank Statement provided is dated 10/24/2024. Exception is to provide October 2025 bank statement. Exception remains.02/11/2026 client provided correct statement | 02/11/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for over 5 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 694 exceeds min score requirement of 660. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Credit report with a mortgage rating of 0x30x16. |
| BRAVO 2026-NQM5 1000163 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | C | A | D | B | D | B | A | A | C | A | Credit | LTV/CLTV | Waived | B | B | B | B | CRDLTV5736 | LTV Exceeds Guideline Requirement by less than 5% | No | LTV of 84.78% exceeds max LTV of 80% for credit score of 694 on a R/T refi. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for over 5 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 694 exceeds min score requirement of 660. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Credit report with a mortgage rating of 0x30x16. |
| BRAVO 2026-NQM5 1000053 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: The borrower has occupied the subject property for 12 years CFCFS1737: LTV below guideline requirements - XXX Comments: The HCLTV is 61.22% and guidelines allow the HCLTV to be 75% | |||||||||||||||
| BRAVO 2026-NQM5 1000075 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower has mortgage payment history 0x30 since 9/2019. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been self employed at current job for 10 years. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has owned departure residence for 11 years. | |||||||||||||||
| BRAVO 2026-NQM5 1000304 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | A | A | B | B | A | A | B | B | A | A | B | B | A | A | Property Valuations | Property | Waived | B | B | B | B | PRVAPROP2556 | Acreage exceeds property eligibility guidelines | No | Subject site XXX acres exceeds the maximum allowed per guidelines of 25 acres. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: Maximum LTV is 90%, subject's LTV is 64.78% CFCFS1744: DTI below guideline requirement - XXX Comments: Maximum DTI is 50%, subject's DTI is 36.63% CFCFS1741: Credit score exceeds guidelines - XXX Comments: Minimum credit score for 65% LTV is 600, borrowers credit score is 769 |
| BRAVO 2026-NQM5 1000203 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Provide the payoff statement from second lien with XXX | 01/09/2026 client provided Payoff Letter | 01/09/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Min credit score required 660. File credit score 778. CFCFS2854: Significant time in profession - XXX Comments: 10 years and 0 months in current profession. |
| BRAVO 2026-NQM5 1000203 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL225 | Missing Rider | No | Provide PUD Rider. | 01/09/2026 client provided PUD Rider | 01/09/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Min credit score required 660. File credit score 778. CFCFS2854: Significant time in profession - XXX Comments: 10 years and 0 months in current profession. |
| BRAVO 2026-NQM5 1000076 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3618 | TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing | No | Provide proof of receipt for Initial CD issued XX at least 3 business days prior to closing. | 2.18.26-Client provided Initial CD issued & e-signed XXX. | 2.18.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 27 years 9 months. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV OF 45% is below max guideline of 80% |
| BRAVO 2026-NQM5 1000076 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide proof of receipt for Initial CD issued XXX at least 3 business days prior to closing. | 2.18.26-Client provided Initial CD issued & e-signed XXX. | 2.18.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 27 years 9 months. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV OF 45% is below max guideline of 80% |
| BRAVO 2026-NQM5 1000042 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX at current job for 7 years. CFCFS2860: Good credit history - XXX Comments: Borrower has an excellent credit payment history with 61 months reviewed reporting 0 late payments. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 689 FICO score. Minimum required 660. | |||||||||||||||
| BRAVO 2026-NQM5 1000043 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 711 mid score > min required of 700. CFCFS1742: Consumer credit history exceeds guidelines - XXX Comments: Borrower has 0x30 for 112 months. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI 19.05% is below the guideline minimum of 50%. | |||||||||||||||
| BRAVO 2026-NQM5 1000213 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 55.86% is < the maximum LTV of 65%. CFCFS1736: Significant time at current residence - XXX Comments: Borrower's have owned the subject property for 18 years. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI of 40.04% is < the maximum DTI of 50%. | |||||||||||||||
| BRAVO 2026-NQM5 1000150 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide Application Authorization Document. | 2.5.26-Client provided Application Authorization Document. | 2.5.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Assets remaining of $XXX after CTC of $0 which covers Loan amount of $XXX CFCFS1741: Credit score exceeds guidelines - XXX Comments: 747 qualifying score. Min required per guidelines is 600. CFCFS2860: Good credit history - XXX Comments: Good credit history 0x30x161. |
| BRAVO 2026-NQM5 1000044 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide Application Authorization Document. | 12.18.25-Client provided Third Party Authorization Form. Provide Application Authorization Document.12.26.25-Client provided Application Authorization Document. | 12.18.25-Exception Remains.12.26.25-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score 812 exceeds guidelines 660. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI 33.51% is below the guideline minimum of 50%. CFCFS1742: Consumer credit history exceeds guidelines - XXX Comments: Borrower has 0x30 for 99 months. |
| BRAVO 2026-NQM5 1000093 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX exceed guidelines $16,769.58. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score 747 exceeds guidelines 700. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI 35.83% is below guideline requirement of 50%. | |||||||||||||||
| BRAVO 2026-NQM5 1000074 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 35 years. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for 46 years. CFCFS1737: LTV below guideline requirements - XXX Comments: 51.56% LTV is below max guideline requirement of 75% | |||||||||||||||
| BRAVO 2026-NQM5 1000305 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | D | A | D | A | CRDCRMH149 | Missing support docs for VOM/VOR (e.g. cancelled checks) | No | Missing VOM or mortgage statement for XXX property and HUD FROM SALE FOR XXX to source funds for closing. | 04/01/2026 client provided 1st payment letter and final HUD04/02/2026 client response: Unclear why TPR is requesting HUD from sale of XXX as borrower still owns this property. Funds to close were transferred from the refi. of XXX. Uploading receipt for funds | 04/01/2026 XXX response: mortgage statement for XXX has been received. Final HUD provided is for XXX and the request was to provide HUD from sale of XXX to source funds for closing. Exception remains.04/02/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrowers have resided in current owner occupied residence for 23 years. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX with Construction for 7 years and 2 months. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 57.18%; max allowed per guidelines is 90% |
| BRAVO 2026-NQM5 1000144 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3618 | TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing | No | Provide proof of receipt for Initial CD issued XXX at least 3 business days prior to closing. | 1.6.26-Client provided Initial CD issued & e-signed XXX. | 1.6.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Post-Closing Assets: $XXX- $XXX required reserves for LTVs between 75.01% - 85% = $XXX/$XXX PITI payment = 4.28 additional months reserves. CFCFS1734: Borrower has significant time at current job - XXX Comments: B1 has been XXX for 2 years 5 months. CFCFS1735: Co-Borrower has significant time at current job - XXX Comments: B2 has been with the employer for 4 years |
| BRAVO 2026-NQM5 1000144 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide proof of receipt for Initial CD issued XXX at least 3 business days prior to closing. | 1.6.26-Client provided Initial CD issued & e-signed XXX. | 1.6.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Post-Closing Assets: $XXX- $XXX required reserves for LTVs between 75.01% - 85% = $XXX/$XXX PITI payment = 4.28 additional months reserves. CFCFS1734: Borrower has significant time at current job - XXX Comments: B1 has been XXX for 2 years 5 months. CFCFS1735: Co-Borrower has significant time at current job - XXX Comments: B2 has been with the employer for 4 years |
| BRAVO 2026-NQM5 1000101 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing accurate paper trail for Gift; Gift letter provide in file reflects gift of $XXX from XXX and the source if the gift is XXX #XXX; Wire transfer provided in file is for a lesser amount of $XXX from XXX. | 01/15/2026 client response: Uploading court docs showing the gift or is the court authorized personal representative of the XXX as she is his only daughter and she used one of his accounts as the source of the gift that went to his granddaughter. | 01/15/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 744 is > the minimum credit score of 700. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX exceed guidelines $15,661. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI of 31.56% is < the maximum DTI of 40%. |
| BRAVO 2026-NQM5 1000204 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide Application Authorization Document. | 2.4.26-Client provided Application Authorization Document. | 2.4.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has 8.9 years at current residence. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI of 30.36 is below max 50%. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 50.10 is blow max 85%. |
| BRAVO 2026-NQM5 1000178 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | A | A | A | B | B | C | B | C | A | A | A | B | B | Compliance | TILA/RESPA Integrated Disclosure | Waived | B | B | B | B | CMPTRID3492 | TRID - Waiver of TRID waiting period in file | No | Handwritten 3 day waiting period waiver letter & lender approval email in file, exception waived. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 31 months. CFCFS1742: Consumer credit history exceeds guidelines - XXX Comments: Consumer credit show 0x30x69. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 756 exceeds min score requirement of 700. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 17.49%, max per guidelines is 50%. |
| BRAVO 2026-NQM5 1000178 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | A | A | A | B | B | C | B | C | A | A | A | B | B | Credit | LTV/CLTV | Satisfied | C | A | C | A | CRDLTV142 | LTV Exception =>10% | No | The CLTV is greater than 100% due to amount of gift. Sales price $XXX, loan amount of $XXX+ the Gift of $XXX - EMD $XXX= $XXX / $XXX = 103.7%. | 01/12/2026 client response: Because of the nature of gifts, they are not included in the CLTV since they are not loans. If there are more gift funds than needed, then they simply will not be brought in for closing. XXX does not have any prescribed procedures for excessive gifts; they are simply deemed not needed.02/04/2026 client provided Correction of Errors (Corrected PCCD) | 01/12/2026 XXX response: While there is no limitation to the amount of transaction on a purchase, the gift funds are to assist with the costs to close. Not cash back to the borrower. Exception remains.01/04/2026 exception satisfied | (No Data) | Not Applicable | CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 31 months. CFCFS1742: Consumer credit history exceeds guidelines - XXX Comments: Consumer credit show 0x30x69. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 756 exceeds min score requirement of 700. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 17.49%, max per guidelines is 50%. |
| BRAVO 2026-NQM5 1000088 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC150 | Income docs do not meet guidelines | No | Final 1003 in file indicates that the borrower is the owner of the business that he is employed by. Missing XXX document as required by guidelines (Acceptable documentation supporting existence of the business AND Verification of income covering the most recent one (1) or two (2) and year-to-date earnings with signed 1040s as well as other applicable supporting documentation (i.e.: 1120s, K-1s, etcetera).) | 02/12/2026 client response: Uploading CA SOS SOI that does not show our borrower anywhere as an officer or director. The 1003 was marked XXX in error, uploading updated 1003. | 02/12/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 30 months. Reserves required 03 mos. CFCFS1734: Borrower has significant time at current job - XXX Comments: The borrower has been working the same job for 4 years CFCFS2860: Good credit history - XXX Comments: Credit history is positive over the review period. |
| BRAVO 2026-NQM5 1000088 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Missing the VVOE dated within 3 days of Note date XXX | 02/16/2026 client provided updated ULAW with comp factors along with VVOE. | 02/16/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 30 months. Reserves required 03 mos. CFCFS1734: Borrower has significant time at current job - XXX Comments: The borrower has been working the same job for 4 years CFCFS2860: Good credit history - XXX Comments: Credit history is positive over the review period. |
| BRAVO 2026-NQM5 1000133 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX at current job for 19 years. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI 40.02% is below guideline requirement of 50%. CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower has mortgage payment history 0x30 since 9/2022. | |||||||||||||||
| BRAVO 2026-NQM5 1000077 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | No | Missing 12 months of mortgage history from XXX & XXX as required by guidelines. | 2/3/25- Client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current owner occupied residence for 14 years and 10 months. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 33.79%; max allowed per guidelines is 75%. |
| BRAVO 2026-NQM5 1000064 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 737 exceeds guideline of 700. | |||||||||||||||
| BRAVO 2026-NQM5 1000168 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL4033 | Missing Legal Document(s) | No | Missing leasing agreements to confirm rental income of $5,806.67. | 01/27/2026 client provided updated 1003 and ULAW removing rental income and adding comp factors | 01/27/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 772 qualifying score. Min required per guidelines is 730. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 29.83%, max per guidelines is 40%. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 23.82 months PITI, guidelines required 6 months PITI. CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history is for 22 months when 12 months are required. |
| BRAVO 2026-NQM5 1000124 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has significant time at current job; 16 year 9/mo. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI 33.61% is below the guideline minimum of 50.49%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 698 mid score > min required of 680. | |||||||||||||||
| BRAVO 2026-NQM5 1000069 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Face date of the Deed of Trust is XXX; however, the Notary date is XXX. All the final documents reflect a printed date that is after the signature date of XXX | 03/25/2026 client provided Certified copy of corrected, executed Deed of Trust uploaded. | 03/25/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Post-Closing Assets: $XXX- $XXX required 3 months reserves = $XXX/$XXX PITI = 20.77 months reserves. CFCFS1737: LTV below guideline requirements - XXX Comments: The HCLTV is 80% and guidelines allow the HCLTV to be 90% CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 32.60% and guidelines allow the DTI to be 50.49% |
| BRAVO 2026-NQM5 1000071 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2860: Good credit history - XXX Comments: Borrower has an excellent credit payment history with 99 months reviewed reporting 0 late payments. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 771 FICO score. Minimum required 730. | |||||||||||||||
| BRAVO 2026-NQM5 1000115 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | A | A | A | C | B | C | B | C | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance of $450 due to Appraisal fee & Second Appraisal fee increased with no valid reason in file. Provide COC reflecting valid reason for the fee changes or PCCD with cure, copy of cure check, LOE to borrower and evidence of delivery via method including tracking information within 60 days of discovery. | 1.21.26-Client provided COC 12/30/25 showing reason for increase. | 1.21.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower has mortgage payment history 0x30 since 7/2007. CFCFS1734: Borrower has significant time at current job - XXX Comments: B1 has been XXX at current job for 23 years. |
| BRAVO 2026-NQM5 1000115 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | A | A | A | C | B | C | B | C | A | A | A | C | B | Credit | Credit/Mtg History | Satisfied | C | A | C | A | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | Missing documentation to support debt with XXX with monthly payment $1,547.00 as listed on the final 1003. | 01/14/2026 client provided Updated 1003 and ULAW removing liability. XXX should not be on the final 1003 as it is paid off. | 01/14/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower has mortgage payment history 0x30 since 7/2007. CFCFS1734: Borrower has significant time at current job - XXX Comments: B1 has been XXX at current job for 23 years. |
| BRAVO 2026-NQM5 1000089 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1739: Postive mortgage payment history - XXX Comments: Postive mortgage payment history 0x30x32 CFCFS2860: Good credit history - XXX Comments: Good credit history 0x30x298 | |||||||||||||||
| BRAVO 2026-NQM5 1000155 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | D | A | A | A | D | A | D | A | D | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Lease agreement for property located on XXX to support monthly rental income of $2,707.00 as approved is not included in file. | 01/27/2026 client provided XXX for departure residence per Sec 4.20. | 01/27/2026 exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - XXX Comments: Borrower has successfully retained employment in the XXX for 13 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 709 FICO score. Minimum required 660. |
| BRAVO 2026-NQM5 1000155 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | D | A | A | A | D | A | D | A | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR101 | Appraisal incomplete (missing map, layout, pages, etc) | No | Full appraisal is not in loan file. | 01/27/2026 client provided appraisal | 01/27/2026 exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - XXX Comments: Borrower has successfully retained employment in the XXX for 13 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 709 FICO score. Minimum required 660. |
| BRAVO 2026-NQM5 1000155 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | D | A | A | A | D | A | D | A | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR167 | Appraisal not Signed | No | Appraisal signature page is missing | 01/27/2026 client provided appraisal | 01/27/2026 exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - XXX Comments: Borrower has successfully retained employment in the XXX for 13 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 709 FICO score. Minimum required 660. |
| BRAVO 2026-NQM5 1000155 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | D | A | A | A | D | A | D | A | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR284 | Appraiser License Missing | No | Missing Appraiser's License | 01/27/2026 client provided appraisal | 01/27/2026 exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - XXX Comments: Borrower has successfully retained employment in the XXX for 13 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 709 FICO score. Minimum required 660. |
| BRAVO 2026-NQM5 1000151 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV 60% is below guideline requirements of 75%. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX exceed guidelines $15,441.93. | |||||||||||||||
| BRAVO 2026-NQM5 1000065 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1735: Co-Borrower has significant time at current job - XXX Comments: Co-Borrower has been employed with XXX for 9 years and 3 months. CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history is for 27 months when 12 months are required. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 70%; max allowed per guidelines is 39.62%. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 29.41 months PITIA, guidelines required 0 months PITIA. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 717 qualifying score. Min required per guidelines is 700. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 25.60%, max per guidelines is 50.49%. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX with XXX - XXX for 8 years and 8 months. | |||||||||||||||
| BRAVO 2026-NQM5 1000306 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - XXX Comments: The DTI is 35.05% and guidelines allow the DTI to be 43% CFCFS2854: Significant time in profession - XXX Comments: The borrower has been in his profession for 4 years | |||||||||||||||
| BRAVO 2026-NQM5 1000103 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1742: Consumer credit history exceeds guidelines - XXX Comments: Verified 717 FICO score. Minimum required 680. CFCFS2860: Good credit history - XXX Comments: Borrower has an excellent credit payment history with 99 months reviewed reporting 0 late payments. | |||||||||||||||
| BRAVO 2026-NQM5 1000116 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC191 | Missing Mortgage | No | Provide copy of signed/notarized Mortgage. | 01/26/2026 client provided Closing Package including Signed Dated Notary | 01/26/2026 exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - XXX Comments: 3 years and 7 months in current profession. CFCFS1736: Significant time at current residence - XXX Comments: 4 Years and 9 months at current residence. |
| BRAVO 2026-NQM5 1000116 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC195 | Missing Note | No | Provide signed Note. | 01/26/2026 client provided Closing Package including Signed Note | 01/26/20216 exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - XXX Comments: 3 years and 7 months in current profession. CFCFS1736: Significant time at current residence - XXX Comments: 4 Years and 9 months at current residence. |
| BRAVO 2026-NQM5 1000116 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3618 | TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing | No | Provide signed Final CD. | 1/27/26- Note & Mtg provided | Exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - XXX Comments: 3 years and 7 months in current profession. CFCFS1736: Significant time at current residence - XXX Comments: 4 Years and 9 months at current residence. |
| BRAVO 2026-NQM5 1000116 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Missing Mortgage. | 01/26/2026 client provided Closing Package including Signed Mortgage | 01/26/2026 exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - XXX Comments: 3 years and 7 months in current profession. CFCFS1736: Significant time at current residence - XXX Comments: 4 Years and 9 months at current residence. |
| BRAVO 2026-NQM5 1000066 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has 10 years at current job. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX Reserves required 0 mos. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 42.46 is below max guides of 80%. | |||||||||||||||
| BRAVO 2026-NQM5 1000156 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | D | A | C | A | D | A | A | A | D | A | C | A | Compliance | Federal Higher-Priced | Satisfied | C | A | C | A | CMPFDHP2948 | Federal Higher-priced mortgage loan - Appraisal does not meet HPML standards | No | Missing the complete appraisal. File contains pages 1 & 2 only. | 01/26/2026 client provided Appraisal | 01/26/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 753 exceeds min score requirement of 700. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at current residence for the past: 17 years. CFCFS2854: Significant time in profession - XXX Comments: Borrower has been in this line of work in the past: 13 years. |
| BRAVO 2026-NQM5 1000156 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | D | A | C | A | D | A | A | A | D | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide proof Final LE issued 1/6/26 was received 1/6/26. | 1.26.26-Client provided XXX showing Package was viewed. Unable to determine what was included in the package.Provide proof Final LE issued 1/6/26 was received 1/6/26.2.10.26-Client provided Package Details for LE issued & Viewed on 1/6/26. | 1.26.26-Exception Remains.2.10.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 753 exceeds min score requirement of 700. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at current residence for the past: 17 years. CFCFS2854: Significant time in profession - XXX Comments: Borrower has been in this line of work in the past: 13 years. |
| BRAVO 2026-NQM5 1000156 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | D | A | C | A | D | A | A | A | D | A | C | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR167 | Appraisal not Signed | No | Missing the complete appraisal. File contains pages 1 & 2 only. | 01/26/2026 client provided Appraisal | 01/26/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 753 exceeds min score requirement of 700. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at current residence for the past: 17 years. CFCFS2854: Significant time in profession - XXX Comments: Borrower has been in this line of work in the past: 13 years. |
| BRAVO 2026-NQM5 1000156 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | D | A | C | A | D | A | A | A | D | A | C | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR271 | Comp photos are missing | No | Missing the complete appraisal. File contains pages 1 & 2 only. | 01/26/2026 client provided Appraisal | 01/26/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 753 exceeds min score requirement of 700. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at current residence for the past: 17 years. CFCFS2854: Significant time in profession - XXX Comments: Borrower has been in this line of work in the past: 13 years. |
| BRAVO 2026-NQM5 1000156 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | D | A | C | A | D | A | A | A | D | A | C | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR281 | Subject Photos are missing | No | Missing the complete appraisal. File contains pages 1 & 2 only. | 01/26/2026 client provided Appraisal | 01/26/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 753 exceeds min score requirement of 700. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at current residence for the past: 17 years. CFCFS2854: Significant time in profession - XXX Comments: Borrower has been in this line of work in the past: 13 years. |
| BRAVO 2026-NQM5 1000156 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | D | A | C | A | D | A | A | A | D | A | C | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR284 | Appraiser License Missing | No | Missing the complete appraisal. File contains pages 1 & 2 only. | 01/26/2026 client provided Appraisal | 01/26/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 753 exceeds min score requirement of 700. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at current residence for the past: 17 years. CFCFS2854: Significant time in profession - XXX Comments: Borrower has been in this line of work in the past: 13 years. |
| BRAVO 2026-NQM5 1000034 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 2 years. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Assets verified at $XXX CTC $XXX leaves $XXX Minus loan amt of $XXX leaves $XXX or 94.17 mos for reserves CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 68%; max allowed per guidelines is 80%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 718 FICO score. Minimum required 700. | |||||||||||||||
| BRAVO 2026-NQM5 1000126 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | B | B | A | A | C | A | C | B | B | B | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3618 | TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing | No | Provide proof of receipt for Initial CD issued XXX at least 3 business days prior to closing. | 2.10.26-Client provided Initial CD issued & e-signed XXX. | 2.10.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence. 5 years 11 months. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves of $XXX exceed guideline of $0. |
| BRAVO 2026-NQM5 1000126 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | B | B | A | A | C | A | C | B | B | B | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide proof of receipt for Initial CD issued XXX at least 3 business days prior to closing. | 2.10.26-Client provided Initial CD issued & e-signed XXX. | 2.10.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence. 5 years 11 months. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves of $XXX exceed guideline of $0. |
| BRAVO 2026-NQM5 1000126 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | B | B | A | A | C | A | C | B | B | B | A | A | C | A | Credit | LTV/CLTV | Waived | B | B | B | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | LTV of 65% exceeds max LTV of 60% for Manufactured home R/T refinance. Lender exception approval provided. | 2/2/26- Client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence. 5 years 11 months. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves of $XXX exceed guideline of $0. |
| BRAVO 2026-NQM5 1000035 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR5351 | Insurance Effective date is greater than the transaction date | No | Condo Master Insurance Policy Effective date of 2/5/2026 is greater than the transaction date of XXX. Provide Condo Master Insurance Policy prior to 02/05/2026. | 02/05/2026 Client response: Document Uploaded. HOI reflecting correct expiration date uploaded02/05/2026 XXX response: HOI provided does not address the Exception. Exception is to provide Condo Master Insurance Policy prior to 02/05/2026. Exception remains.02/05/2026 client provided Previous Master Policy uploaded for review | 02/05/2026 exception satisfied | Not Applicable | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves of $XXX exceeds guideline of 6 mos reserves or $XXX *XXX= $XXX CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 40.66%, max per guidelines is 50%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 786 qualifying score. Min required per guidelines is 700. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has significant time at current job, 8 years 9 months. |
| BRAVO 2026-NQM5 1000170 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 81.54 months PITIA, guidelines required 0 months PITIA. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 766 qualifying score. Min required per guidelines is 600. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 40.19%, max per guidelines is 50%. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 35.10%; max allowed per guidelines is 65%. | |||||||||||||||
| BRAVO 2026-NQM5 1000106 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2860: Good credit history - XXX Comments: Borrower has an excellent credit payment history with 99 months reviewed reporting 0 late payments. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 779 FICO score. Minimum required 660. | |||||||||||||||
| BRAVO 2026-NQM5 1000080 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - XXX Comments: DTI of 44.41% is < the maximum DTI of 50%. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 58.63 is < the maximum LTV of 75%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 666 is > the minimum credit score of 600. | |||||||||||||||
| BRAVO 2026-NQM5 1000054 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history is for 41 months when 12 months are required. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 37.75%, max per guidelines is 50.49%. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 75%; max allowed per guidelines is 85%. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX with XXX for 31 years and 1 month. | |||||||||||||||
| BRAVO 2026-NQM5 1000059 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3966 | TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected | No | The Will Not Have an Escrow Account in the CD Loan Disclosures section does not have if the borrower or lender declined it.Provide PCCD with selection marked. | 2.27.26-Client provided PCCD issued 2/26/26 with option selected for Escrow Account in Loan Disclosure section. | 2.27.26-Exception Satisfied. | Non-Numeric | Not Applicable | CFCFS1734: Borrower has significant time at current job - XXX Comments: The borrower has been working for the same employer for 21 years CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage history reporting to credit is positive. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 18 years |
| BRAVO 2026-NQM5 1000127 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | D | A | D | A | CRDTER146 | Missing lender's loan approval/underwriting form | No | Missing Underwriting Loan Approval Worksheet (ULAW) | 02/04/2026 client provided ULAW | 02/04/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - XXX Comments: The borrower has been XXX for 10 years CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 27 mos. No reserves required. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 3 years |
| BRAVO 2026-NQM5 1000217 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 801 is > the minimum credit score of 600. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for 11 years. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI of 41.04% is < the maximum DTI of 50%. | |||||||||||||||
| BRAVO 2026-NQM5 1000107 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | A | A | C | B | D | B | D | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3966 | TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected | No | Provide PCCD with option selected for Escrow Account in Loan Disclosure section. | 2.27.26-Client provided PCCD issued 2/26/26 with option selected for Escrow Account in Loan Disclosure section. | 2.27.26-Exception Satisfied. | Non-Numeric | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 80%; max allowed per guidelines is 90%. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 30.92%, max per guidelines is 50%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 751 qualifying score. Min required per guidelines is 640. |
| BRAVO 2026-NQM5 1000107 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | A | A | C | B | D | B | D | A | A | A | C | B | Credit | Application | Satisfied | D | A | D | A | CRDAPP130 | Application is incomplete | No | Provide Application Authorization Document. | 02/10/2026 client provided Application Authorization | 02/10/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 80%; max allowed per guidelines is 90%. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 30.92%, max per guidelines is 50%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 751 qualifying score. Min required per guidelines is 640. |
| BRAVO 2026-NQM5 1000182 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Missing CPA letter to confirm borrower has 29% business expenses that was used to calculate income. | 02/17/2026 client provided CPA letter | 02/17/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 49.32% is below max LTV of 75% CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 36.34 mos. Reserves required 0 mos. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI of 40.05% is below max DTI of 50%. |
| BRAVO 2026-NQM5 1000121 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 730 qualifying score. Min required per guidelines is 620. CFCFS2854: Significant time in profession - XXX Comments: 8 years and 0 months in current profession CFCFS1736: Significant time at current residence - XXX Comments: 4 years and 0 months in current residence. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 32.42%, max per guidelines is 50%. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 75%; max allowed per guidelines is 85%. | |||||||||||||||
| BRAVO 2026-NQM5 1000060 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Missing proof of XXX Business | 02/13/2026 client provided CPA letter | 02/13/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 732 mid score > min required of 600. CFCFS1742: Consumer credit history exceeds guidelines - XXX Comments: Borrower has 0x30 for 142 months. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI 41.39% is below the guideline minimum of 50.49%. |
| BRAVO 2026-NQM5 1000307 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1739: Postive mortgage payment history - XXX Comments: Postive mortgage payment history 0x30x44. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 44.09% is below max LTV of 80%. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been self employed for 6 years 1 month. | |||||||||||||||
| BRAVO 2026-NQM5 1000308 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - XXX Comments: DTI 14.08% is below guideline requirement of 50%. CFCFS2860: Good credit history - XXX Comments: Good credit history 0x30x245. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for 10 years 9 months. | |||||||||||||||
| BRAVO 2026-NQM5 1000188 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Verified 724 FICO score. Minimum required 700. CFCFS2854: Significant time in profession - XXX Comments: 3 years and 0 months in current profession CFCFS1736: Significant time at current residence - XXX Comments: 3 years and 0 months in current residence. | |||||||||||||||
| BRAVO 2026-NQM5 1000152 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrowers have been XXX at current job for 6 years. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI 28.22% is below guideline requirement of 50%. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 80%; max allowed per guidelines is 90%. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 4 years 9 years. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX exceed guidelines of $8,692.05. | |||||||||||||||
| BRAVO 2026-NQM5 1000309 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | LTV/CLTV | Waived | B | B | B | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | Lender Exception approval in file for LTV of 65% exceeds max LTV of 60% for manufactured home refinance. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS2860: Good credit history - XXX Comments: Good credit history 0X30X207. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 9.49%, max per guidelines is 50%. CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 10 years. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for 5 years 11 months. |
| BRAVO 2026-NQM5 1000310 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Provide Final CD with proof of receipt. | 4.6.26-Client provided Initial CD issued 3/17/26 and XXX showing it was sent but no proof of borrower receipt. The Initial CD issued 3/17/26 has a Closing Date & Disbursement Date of XXX. And Closing Date of XXX Missing Final CD with proof of receipt, please provide.4.6.26-Client provided CD, although signed, is missing Issue Date, Loan Info (Loan Term, Product, Loan Type, Loan ID#), Interest Rate, Monthly P&I, Project Payments (Incomplete), Estimated Taxes, Ins & Assessments (Blank) & Loan Disclosures (options not selected). Please provide Final CD signed and completely filled out.5.8.26-Client provided Final CD issued & signed 3/27/26. | 4.6.26-Exception Remains.4.6.26-Exception Remains.5.8.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: 71.26 qualifying LTV. Min required per guidelines is 85. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX with XXX/XXX for 7 years 2 months. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 15.81 months PITI, guidelines required 0 months PITI. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 799 qualifying score. Min required per guidelines is 780. CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history is for 44 months when 12 months are required. |
| BRAVO 2026-NQM5 1000205 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - XXX Comments: DTI 5.56% is below guideline requirement of 50%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score 750 exceeds guidelines 640. CFCFS1736: Significant time at current residence - XXX Comments: Borrower rented departure residence for 6 years. | |||||||||||||||
| BRAVO 2026-NQM5 1000117 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 788 exceeds min score 620. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has 5 years at current primary CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Mortgage credit history no lates. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 42.30%, max per guidelines is 50%. | |||||||||||||||
| BRAVO 2026-NQM5 1000218 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Credit report with a mortgage rating of 0x30x51 CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Assets verified $XXX were sufficient to cover loan amt of $XXX and CTC $XXX leaving reserves or 749.90 mos. Reserves required 3 mos. | |||||||||||||||
| BRAVO 2026-NQM5 1000061 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Missing copy of lease for REO XXX of $3000 and lease for REOXXXt of $2900. | 02/13/2026 client response: Uploading lease agreements, they are kind of hard to read but zooming in helps legibility02/13/2026 client response: Uploading correct lease, XXX for $2900.02/16/2026 client response: It turned to month-to-month afterwards, uploading proof of rent receipt for October 2025 from the same person on the lease. | 02/13/2026 XXX response: Two documents were received with lease agreements for XXX. XXX for $1300 monthly and XXX for $3000. Exception remains for Missing copy of lease for REOXXX of $2900.02/13/2026 XXX response: lease provided expired 12/31/2024. Exception remains.02/16/2026 exception satisfied |
(No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX at current job for 15 years. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has owned subject residence for 10 years. |
| BRAVO 2026-NQM5 1000311 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for 6 years 6 months. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 687 exceeds min score requirement of 660. CFCFS1737: LTV below guideline requirements - XXX Comments: LTV of 62.50% is below max LTV of 75%. | |||||||||||||||
| BRAVO 2026-NQM5 1000130 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 41.41%, max per guidelines is 50%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 754 qualifying score. Min required per guidelines is 640. CFCFS1735: Co-Borrower has significant time at current job - XXX Comments: The co-borrower has been working for the same employer for 2 years 5 months. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 172 months. Reserves required 3 months. CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 12 years CFCFS1737: LTV below guideline requirements - XXX Comments: LTV is 80%; max allowed per guidelines is 90%. | |||||||||||||||
| BRAVO 2026-NQM5 1000312 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | State Consumer Protection | Satisfied | D | A | D | A | CMPSTCP2057 | XXX Pred Lend Database - No Cert of Compliance or Cert of Exemption in file | No | Please provide the Certificate of Compliance and Exemption. | 4.15.26-Client provided XXX Cert of Compliance. | 4.15.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at current residence for the past: 20 years. CFCFS2854: Significant time in profession - XXX Comments: Borrower has been in this line of work in the past: 23 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 703 exceeds min score requirement of 700. |
| BRAVO 2026-NQM5 1000313 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | No | 24 month housing payment history required for loans in which escrows are waived. File contains a 12 months rental history. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX (not including assets for asset depletion). CTC $XXX leaves reserves of $XXX or 140.56 mos. Reserves required 0 mos. CFCFS1736: Significant time at current residence - XXX Comments: Borrowers have lived at current residence for 39 years. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI of 26.86% is < the maximum DTI of 40%. |
| BRAVO 2026-NQM5 1000313 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Credit/Mtg History | Waived | D | B | D | B | CRDCRMH183 | Credit report incomplete | No | Credit reports provided in file reflect B1's XXX score as frozen. Per guidelines if any bureau is reporting as frozen the tile cannot proceed until the freeze is lifted. | 03/24/2026 client response: Uploading updated ULAW with comp factors03/24/2026 XXX response: Upon further review by XXX Sr Underwriter, exception considered non-material; Final Grade B. Comp Factors for DTI, Reserves and Time at Current residence.03/24/2026 client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX (not including assets for asset depletion). CTC $XXX leaves reserves of $XXX or 140.56 mos. Reserves required 0 mos. CFCFS1736: Significant time at current residence - XXX Comments: Borrowers have lived at current residence for 39 years. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI of 26.86% is < the maximum DTI of 40%. |
| BRAVO 2026-NQM5 1000314 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | DTI | Satisfied | D | A | D | A | CRDDTI2540 | Missing verification of some or all components of non-subject PITI | No | Missing verification of HOA dues for XXX | 03/23/2026 client provided XXX showing SFR. There are no HOA dues on this property | 03/23/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 5 Years 6 months. CFCFS1739: Postive mortgage payment history - XXX Comments: Positive mortgage payment history 0X30X54. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 796 Credit score exceeds minimum guideline score of 640. |
| BRAVO 2026-NQM5 1000314 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC2408 | Income verification does not meet guidelines | No | Missing CPA letter stating 10% expense ratio | 03/23/2026 client provided updated ULAW, approval, and income calc with 50% expense factor. DTI is still within guidelines | 03/23/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 5 Years 6 months. CFCFS1739: Postive mortgage payment history - XXX Comments: Positive mortgage payment history 0X30X54. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 796 Credit score exceeds minimum guideline score of 640. |
| BRAVO 2026-NQM5 1000315 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX exceed guidelines $XXX. CFCFS1736: Significant time at current residence - XXX Comments: Borrower have owned departing residence for 9 years and 6 months. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 791 is > the minimum credit score of 640. | |||||||||||||||
| BRAVO 2026-NQM5 1000316 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Credit/Mtg History | Waived | B | B | B | B | CRDCRMH3000 | # of Tradelines Does Not Meet Guideline Requirements | No | Borrower does not meet the minimum credit guidelines of 3 open tradelines greater than 24 months. Longest tradeline is 16 months. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for 6 years 2 months. CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 8 years. |
| BRAVO 2026-NQM5 1000317 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 43.88%, max per guidelines is 50.49%. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX or 10.78 months PITI, guidelines required 6 months PITI. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 732 qualifying score. Min required per guidelines is 720. | |||||||||||||||
| BRAVO 2026-NQM5 1000318 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Missing HUD from purchase of subject property XXX for $XXX and confirming seller mortgage paid off with XXX | 03/31/2026 client provided HUD | 03/31/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 35% / Max LTV 65%. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 12.83%, max per guidelines is 50%. |
| BRAVO 2026-NQM5 1000318 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Terms/Guidelines | Waived | B | B | B | B | CRDTER4631 | Loan parameters do not meet guidelines | No | Bank statement program using 1 or No Score does not meet guidelines. Lender approval in file. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 35% / Max LTV 65%. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI is 12.83%, max per guidelines is 50%. |
| BRAVO 2026-NQM5 1000319 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | A | A | B | B | D | B | D | A | A | A | B | B | Compliance | TILA/RESPA Integrated Disclosure | Waived | B | B | B | B | CMPTRID3492 | TRID - Waiver of TRID waiting period in file | No | 3.11.26-Client provided Handwritten waiver for 3 business day waiting period. And the client email approval. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - XXX Comments: 9 years and 10 months in current profession CFCFS1744: DTI below guideline requirement - XXX Comments: DTI 16.98% is below guideline requirement of 50%. CFCFS1736: Significant time at current residence - XXX Comments: 11 years and 0 months in current residence. |
| BRAVO 2026-NQM5 1000319 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | A | A | B | B | D | B | D | A | A | A | B | B | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | HOI coverage of $621,000 is insufficient to cover the loan amount $XXX. | 3/9/26- Client uploaded RCE as required that supports dwelling coverage. | Exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - XXX Comments: 9 years and 10 months in current profession CFCFS1744: DTI below guideline requirement - XXX Comments: DTI 16.98% is below guideline requirement of 50%. CFCFS1736: Significant time at current residence - XXX Comments: 11 years and 0 months in current residence. |
| BRAVO 2026-NQM5 1000320 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - XXX Comments: LTV OF 57.78% is below max of 70%. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has 7.8 years at current job. | |||||||||||||||
| BRAVO 2026-NQM5 1000321 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - XXX Comments: DTI 30.48% is below guideline requirement of 50%. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Minimum credit score required is 780, borrower's credit score is 785 CFCFS1737: LTV below guideline requirements - XXX Comments: Maximum LTV is 90%, subjects LTV is 85% | |||||||||||||||
| BRAVO 2026-NQM5 1000322 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | LTV/CLTV | Waived | B | B | B | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | LTV 80% exceeded max of 75% based on 1x30 rent history and -5% LTV for declining value. Lender approval in file. | client acknowledged exception | Final grade B | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - XXX Comments: Borrower has been in this line of work in the past: 9 years. CFCFS1742: Consumer credit history exceeds guidelines - XXX Comments: Consumer credit show 0x30x99. CFCFS1736: Significant time at current residence - XXX Comments: Borrower has resided in current residence for 12 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 800 exceeds min score requirement of 720. |
| BRAVO 2026-NQM5 1000323 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX exceed guidelines $0. CFCFS1734: Borrower has significant time at current job - XXX Comments: The borrower has been XXX for 3 years CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the current residence for 2 years | |||||||||||||||
| BRAVO 2026-NQM5 1000324 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower has a 99 month satisfactory mortgage reporting history CFCFS1744: DTI below guideline requirement - XXX Comments: Maximum DTI 50.49%, borrower's DTI is 40.89% CFCFS1741: Credit score exceeds guidelines - XXX Comments: Minimum credit score required is 700, borrower's credit score is 789 | |||||||||||||||
| BRAVO 2026-NQM5 1000325 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3676 | TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation. | No | $1640 Ten Percent Tolerance Violation due to increase in Recording fee from $110 to $1811 on Final CD XXX, without a valid Change in Circumstance. Requires CIC, or corrected PCCD, copy of refund check, LOX and verification of shipping. | 4.9.26-Client provided PCCD with cure, copy of cure check, LOE to borrower and evidence of delivery. | 4.9.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX exceed guideline of $XXX. CFCFS1741: Credit score exceeds guidelines - XXX Comments: 757 Credit score exceeds minimum guideline score of 700. CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 6 years. |
| BRAVO 2026-NQM5 1000326 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | A | A | D | A | B | B | D | B | A | A | D | A | B | B | Compliance | TILA/RESPA Integrated Disclosure | Waived | B | B | B | B | CMPTRID3492 | TRID - Waiver of TRID waiting period in file | No | 4.15.26-Client provided Handwritten waiver for 3 business day waiting period. And the client email approval. | 4.15.26-Client provided Handwritten waiver for 3 business day waiting period. And the client email approval. | '-Final Grade B | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 80% / Max LTV 90%. CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 50 months. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 705 exceeds min score requirement of 700. |
| BRAVO 2026-NQM5 1000326 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | A | A | D | A | B | B | D | B | A | A | D | A | B | B | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR167 | Appraisal not Signed | No | Missing appraisal not signed page. | 04/02/2026 client provided Appraisal | 04/02/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 80% / Max LTV 90%. CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 50 months. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 705 exceeds min score requirement of 700. |
| BRAVO 2026-NQM5 1000326 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | A | A | D | A | B | B | D | B | A | A | D | A | B | B | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR271 | Comp photos are missing | No | Missing comp photos pages. | 04/02/2026 client provided Appraisal | 04/02/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 80% / Max LTV 90%. CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 50 months. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 705 exceeds min score requirement of 700. |
| BRAVO 2026-NQM5 1000326 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | A | A | D | A | B | B | D | B | A | A | D | A | B | B | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR281 | Subject Photos are missing | No | Subject Photos are missing | 04/02/2026 client provided Appraisal | 04/02/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 80% / Max LTV 90%. CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 50 months. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 705 exceeds min score requirement of 700. |
| BRAVO 2026-NQM5 1000326 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | A | A | D | A | B | B | D | B | A | A | D | A | B | B | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR284 | Appraiser License Missing | No | Appraiser License Missing | 04/02/2026 client provided Appraisal | 04/02/2026 exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - XXX Comments: Actual LTV 80% / Max LTV 90%. CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: Mortgage history reflects 0 x 30 for the past 50 months. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 705 exceeds min score requirement of 700. |
| BRAVO 2026-NQM5 1000327 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 735 qualifying score. Min required per guidelines is 720. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXXexceed guidelines $34,559.91. CFCFS1739: Postive mortgage payment history - XXX Comments: Mortgage payment history is for 41 months when 12 months are required. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX with XXX for 9 years and 2 months. | |||||||||||||||
| BRAVO 2026-NQM5 1000328 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves of $XXX exceed guidelines of $0. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has been XXX for 6 years 8 months. CFCFS2860: Good credit history - XXX Comments: Good credit history 0X30X160. | |||||||||||||||
| BRAVO 2026-NQM5 1000329 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - XXX Comments: DTI of 6.22% is < the maximum DTI of 50%. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 13.49 mos. Reserves required 6 mos. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 718 is > the minimum credit score of 700. | |||||||||||||||
| BRAVO 2026-NQM5 1000330 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - XXX Comments: Significant time at current residence, 10 years 1 month. | |||||||||||||||
| BRAVO 2026-NQM5 1000331 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - XXX Comments: 703 mid score > min required of 600. CFCFS1734: Borrower has significant time at current job - XXX Comments: Borrower has significant time at current job; 6 years CFCFS1740: Mortgage payment history exceeds guidelines - XXX Comments: Borrower has 24 months mortgage payment history 0x30. | |||||||||||||||
| BRAVO 2026-NQM5 1000332 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1739: Postive mortgage payment history - XXX Comments: Positive previous mortgage payment history 0X30X99. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX exceed guideline of $0. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 708 exceeds min score requirement of 660. | |||||||||||||||
| BRAVO 2026-NQM5 1000333 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3676 | TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation. | No | Increase in recording fees of $2296 without COC or valid reason in file. Provide PCCD, copy of refund check and copy of proof of delivery within 60 days of consummation. | 4.8.26-Client provided the following explanation, "The Intangible tax was included in the Transfer Taxes on the LE's and then split into separate a separate line item on the CD. This is not the imposition of a new fee, but a formatting restriction." | 4.8.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - XXX Comments: The borrower has been in the same line of work for 20 years CFCFS1736: Significant time at current residence - XXX Comments: The borrower has lived at the departing residence for 5 years. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXXor 40 months. No reserves required. |
| BRAVO 2026-NQM5 1000334 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Total assets verified $XXX. CTC $XXX leaves reserves of $XXX or 7.09 mos. Reserves required 6 mos. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Credit score of 717 is > the minimum credit score of 700. CFCFS1744: DTI below guideline requirement - XXX Comments: DTI of 9.53% is < the maximum DTI of 50% | |||||||||||||||
| BRAVO 2026-NQM5 1000335 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Please provide the Application Authorization Document. | 4.8.26-Client provided Application Authorization Document. | 4.8.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: No mortgage lates 0 x 30 in 24 months CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at current residence for over 11 years. CFCFS3836: Borrower Net Worth - XXX Comments: Net worth is over 1 mil without including the closing cost |
| BRAVO 2026-NQM5 1000335 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Credit | Assets | Satisfied | D | A | D | A | CRDAST2354 | Asset Verification In File is Incomplete Per Requirements | No | Missing fully completed Gift Letter to cover Funds for closing.. Gift letter in file was left blank. | 04/09/2026 client provided signed gift letters | 04/09/2026 exception satisfied | (No Data) | Not Applicable | CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - XXX Comments: No mortgage lates 0 x 30 in 24 months CFCFS1736: Significant time at current residence - XXX Comments: Borrower has lived at current residence for over 11 years. CFCFS3836: Borrower Net Worth - XXX Comments: Net worth is over 1 mil without including the closing cost |
| BRAVO 2026-NQM5 1000336 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3618 | TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing | No | Provide proof of receipt for Initial CD issued XXX at least 3 business days prior to Closing. | 4.8.26-Client provided Initial CD issued & e-signed XXX. | 4.8.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1739: Postive mortgage payment history - XXX Comments: Postive rental payment history 0x30x45 CFCFS2854: Significant time in profession - XXX Comments: Significant time in profession, 5 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 804 exceeds min score requirement of 700. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX. Required reserves $12,282.42. |
| BRAVO 2026-NQM5 1000336 | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide proof of receipt for Initial CD issued XXX at least 3 business days prior to Closing. | 4.8.26-Client provided Initial CD issued & e-signed XXX. | 4.8.26-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1739: Postive mortgage payment history - XXX Comments: Postive rental payment history 0x30x45 CFCFS2854: Significant time in profession - XXX Comments: Significant time in profession, 5 years. CFCFS1741: Credit score exceeds guidelines - XXX Comments: Borrower credit score of 804 exceeds min score requirement of 700. CFCFS1731: Verified cash reserves exceed guidelines - XXX Comments: Verified cash reserves $XXX. Required reserves $12,282.42. |