EXHIBIT 99.25

 

cANOPY EXCEPTIONS REPORT

 

 

 

 

Loan ID Seller Loan ID Investor Loan ID Overall Initial Loan Grade Overall Final Loan Grade Credit Initial Loan Grade Credit Current/Final Loan Grade Compliance Initial Loan Grade Compliance Current/Final Loan Grade Property Initial Loan Grade Property Current/Final Loan Grade Queue Finding Code Date Created Date Modified Finding Status Event Level Initial Finding Grade Current/Final Finding Grade Finding Category Finding Sub Category Finding Name Finding Comments Seller Comments Resolution Comments Reviewer Comp Factor Originator Comp Factors Finding Documents Originator QM Status Final Reviewed QM Status Loan Amount Property State Occupancy Loan Purpose Refinance Purpose Acknowledged / WaivedBy Waiver in File? Unique Finding ID
144871     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Refinance Limited Cash Out - <2% of Loan Amount or $2000      
970999     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Refinance Cash Out - Other      
732861     D A A A D A A A Closed FCOM1227 2026-03-16 03:21 2026-04-06 16:38 Resolved 1 - Information D A Compliance Missing Doc - Closing Package PUD Rider is Missing Resolved-Lender provided recorded corrective documents - Due Diligence Vendor-04/06/2026
Ready for Review-Document Uploaded. Submitted corrective affidavit, xxx Security Instrument, and PUD Rider - Buyer-04/06/2026
Open-PUD Rider is Missing Property is in a Planned Urban Development (PUD) but without a PUD rider on file. Please provide. - Due Diligence Vendor-03/17/2026
  Resolved-Lender provided recorded corrective documents - Due Diligence Vendor-04/06/2026

Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 29.67 Years
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 24.9 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other N/A N/A xxx
282343     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other      
434806     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
885662     D B C B A A D A Closed FCRE1194 2026-04-06 08:43 2026-04-06 10:06 Waived 2 - Non-Material C B Credit Eligibility Audited LTV Exceeds Guideline LTV Waived-Exception in loan file page 329 -
Allow Rural property (xxx acres) at 85% LTV. - Due Diligence Vendor-04/06/2026
Ready for Review-Lender approved exception was included in the initial shipping package and is located in your portal under pages 329 and 330. - Buyer-04/06/2026
Open-Document Uploaded.  - Due Diligence Vendor-04/06/2026
Open-Per 13.4.1  Guides: Rural Properties - Primary Residence Max 75% LTV - audited LTV is 85% - Due Diligence Vendor-04/06/2026
  Waived-Exception in loan file page 329 -
Allow Rural property (xxx acres) at 85% LTV. - Due Diligence Vendor-04/06/2026
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 39.22% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 7.48 Years
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points
Compensating Factors:
- 5+ years of job/Self Employed
- FICO 20+ points
xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA Originator Pre-Close Yes xxx
885662     D B C B A A D A Closed FPRO1242 2026-04-02 04:56 2026-04-06 08:35 Resolved 1 - Information D A Property Missing Doc - Appraisal Appraisal is Missing Resolved-Appraisal has been provided - Due Diligence Vendor-04/06/2026
Ready for Review-Document Uploaded. Submitted missing appraisal for review. - Buyer-04/02/2026
Open-Appraisal is Missing Provide Appraisal Document with Value of xxx for the subject Property Located at the xxx. - Due Diligence Vendor-04/02/2026
  Resolved-Appraisal has been provided - Due Diligence Vendor-04/06/2026

Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 39.22% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 7.48 Years
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
885662     D B C B A A D A Closed FCRE1167 2026-04-02 04:59 2026-04-03 14:33 Resolved 1 - Information C A Credit Insurance Inadequate Hazard Insurance Coverage - Amount of coverage is less than primary lien amount and the Replacement Cost Value Estimator was not Provided by the Insurer Resolved-Sufficent Hazard Insurance Coverage is provided - Due Diligence Vendor-04/03/2026
Ready for Review-Letter from the insurance company reflecting xxx  Replacement Cost Coverage amount was included in the initial shipping package and is located in your portal under page 223.  - Buyer-04/02/2026
Open-Inadequate Hazard Insurance Coverage and Replacement Cost Estimator was not Provided  - Hazard Insurance Coverage in the amount of xxx is less than the minimum required coverage amount of xxx. - Due Diligence Vendor-04/02/2026
  Resolved-Sufficent Hazard Insurance Coverage is provided - Due Diligence Vendor-04/03/2026

Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 39.22% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 7.48 Years
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points
    Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
818733     D A D A A A A A Closed FCRE1339 2026-04-02 16:31 2026-04-07 09:30 Resolved 1 - Information D A Credit Missing Doc - Income Borrower 1 Personal Bank Statements Missing Resolved-Borrower 1 Personal Bank Statements Provided - Due Diligence Vendor-04/07/2026
Ready for Review-Document Uploaded. Submitted missing stmt for review - Buyer-04/06/2026
Open-At time of review the bank statement from xxx was not in the file to support the total deposits for xxx used by Lender of xxx. Please provide documentation to support the deposit used. - Due Diligence Vendor-04/02/2026
  Resolved-Borrower 1 Personal Bank Statements Provided - Due Diligence Vendor-04/07/2026

Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 19.07 Are Greater Than The Guideline Minimum Of 9 By Six (6) Or More Months
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 15.00 Years
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 6.05 Years
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.09
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
866831     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA      
540478     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
326478     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other      
833796     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other      
530158     C A A A C A A A Closed finding-1954 2026-04-03 10:52 2026-04-07 16:00 Resolved 1 - Information C A Compliance State Reg xxx Brokerage/Finder Fee Test Resolved-***  per lender comment, compliance testing ran with DIDMCA preemption. Thank you - Due Diligence Vendor-04/07/2026
Resolved- - Due Diligence Vendor-04/07/2026
Ready for Review-The xxx Department of Institutions informally advises that the 2% broker fee restriction is preempted by DIDMCA hence this is permissible.  - Buyer-04/07/2026
Open- - Due Diligence Vendor-04/06/2026
Open-This loan failed the brokerage/finder fee test. (xxx. Comp. R. & Regs. 0180-17-07(2))The mortgage loan charges a brokerage/finder fee that exceeds 2% of the total loan amount. Under the xxx Rules and Regulations, brokerage fee is synonymous with finder fee.Any brokerage/finder fee of more than 2% of the principal amount of the loan will be presumed to be unfair and unreasonable and shall be grounds to revoke the license or registration of such licensee or registrant, unless such licensee or registrant can provide evidence showing that such fee constitutes fair and reasonable compensation. - Due Diligence Vendor-04/03/2026
Open- - Due Diligence Vendor-04/03/2026
  Resolved-***  per lender comment, compliance testing ran with DIDMCA preemption. Thank you - Due Diligence Vendor-04/07/2026

Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 18.74 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01
    Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance No Cash Out - Borrower Initiated N/A N/A xxx
475088     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
517463     C B A A C B A A Closed FCOM1291 2026-04-07 15:17 2026-04-09 09:04 Cured 2 - Non-Material C B Compliance Right to Rescind Creditor did not provide the appropriate Right to Cancel Form Model (same creditor with H-8 form type). Cured-Corrected Right to Cancel Form provided to borrower - Post Consummation - Due Diligence Vendor-04/09/2026

Ready for Review-Document Uploaded. PCCD and NORTC documentation uploaded for review.  - Buyer-04/09/2026

Open-Loan Purpose is Refinance and Creditor did not provide the appropriate Right to Cancel Form Model (Same Creditor with H-8 form type). - Due Diligence Vendor-04/07/2026

Open-Loan Purpose is Refinance and Creditor did not provide the appropriate Right to Cancel Form Model (Same Creditor with H-8 form type). ******Documentation provided includes an H8 Right to Cancel form. Lender has been identified as either the current lender or the recorded original lender. The correct form should be an H9  - Due Diligence Vendor-04/07/2026
  Cured-Corrected Right to Cancel Form provided to borrower - Post Consummation - Due Diligence Vendor-04/09/2026

Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 13.78 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 14.16% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20.83 Years
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Validated Original LTV Of 64.86% Is Below The Guideline Maximum Of 80% By Ten Percent (10%) Or More
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20.83 Years
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance No Cash Out - Borrower Initiated N/A N/A xxx
533667     B B B B A A A A Closed FCRE2502 2026-04-07 12:00 2026-04-07 12:00 Waived 2 - Non-Material B B Credit Eligibility Transaction is not arm's length Waived-Transaction is not arm's length  Non arm's-length transaction; borrower purchasing from brother with no gift of equity/delinquency. Reviewed by xxx pre-submission with
max 75% LTV and xxx LLPA (email 2/5/2026 in Untitled folder). - Due Diligence Vendor-04/07/2026
  Waived-Transaction is not arm's length  Non arm's-length transaction; borrower purchasing from brother with no gift of equity/delinquency. Reviewed by xxx pre-submission with
max 75% LTV and xxx LLPA (email 2/5/2026 in Untitled folder). - Due Diligence Vendor-04/07/2026
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 43.91% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.05
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 81.52 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months
Cured-Corrected Right to Cancel Form provided to borrower - Post Consummation - Due Diligence Vendor-04/09/2026

  ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA Originator Pre-Close Yes xxx
465516     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
520947     D A D A A A A A Closed FCRE1326 2026-04-07 23:00 2026-04-09 09:08 Resolved 1 - Information D A Credit Missing Doc - Income Borrower 1 YTD Profit & Loss Missing Resolved-Borrower 1 YTD Profit & Loss Resolved - Due Diligence Vendor-04/09/2026

Ready for Review-Document Uploaded. P&L Documentation uploaded for review. - Buyer-04/08/2026

Open-Borrower 1 YTD Profit & Loss Missing Borrower's Income Prove Document 14 Months Business P&L is Missing, Provide Business P&L Statement.  - Due Diligence Vendor-04/08/2026
  Resolved-Borrower 1 YTD Profit & Loss Resolved - Due Diligence Vendor-04/09/2026

Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 32.28% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.02
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
228433     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Second Home Purchase NA      
472500     D A D A A A A A Closed FCRE1326 2026-04-08 06:00 2026-04-09 09:10 Resolved 1 - Information D A Credit Missing Doc - Income Borrower 1 YTD Profit & Loss Missing Resolved-Borrower 1 YTD Profit & Loss Resolved - Due Diligence Vendor-04/09/2026

Ready for Review-Document Uploaded. P&L uploaded for review. - Buyer-04/09/2026

Open-Borrower 1 YTD Profit & Loss Missing. Not in file at time of review.  - Due Diligence Vendor-04/08/2026
  Resolved-Borrower 1 YTD Profit & Loss Resolved - Due Diligence Vendor-04/09/2026

    xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
575961     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
828372     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
501113     D A D A A A A A Closed FCRE1467 2026-04-09 06:22 2026-04-10 08:37 Resolved 1 - Information D A Credit Missing Doc - Assets Asset 1 Missing Resolved-Asset 1 Provided - Due Diligence Vendor-04/10/2026
Ready for Review-Document Uploaded. This is a correspondent loan that is credit underwritten by xxx.  The loan not qualified with gift funds rather the following accounts were utilized per the 1003 uploaded: xxx ,xxx, xxx,  xxx, xxx, xxx and xxx, xxx.  The EMD via xxx Cashiers xxx dated xxx withdrawn on same day from xxx acct per statement ending xxx.  Total verified assets are xxx less xxx funds to close = xxx remaining assets/xxx PITIA = xxx months reserves. - Buyer-04/09/2026
Open-Asset 1 Missing Missing GIft letter in the amount of xxx - Due Diligence Vendor-04/09/2026
  Resolved-Asset 1 Provided - Due Diligence Vendor-04/10/2026

Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 25.00 Years
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 38.06% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 12.08 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 80% Is Below The Guideline Maximum Of 90% By Ten Percent (10%) Or More
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
204043     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
950372     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other      
399949     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Second Home Purchase NA      
143885     D A D A A A A A Closed FCRE1468 2026-04-09 22:21 2026-04-13 09:23 Resolved 1 - Information D A Credit Missing Doc - Assets Asset 2 Missing Resolved-Asset 2 Provided Or Not Applicable - Due Diligence Vendor-04/13/2026
Ready for Review-xxx statements uploaded to trailing docs for review. - Buyer-04/10/2026
Open-Asset 2 Missing Bank statement from xxx ending xxx no present at time of review. Please provide documentation to support assets used of xxx - Due Diligence Vendor-04/10/2026
  Resolved-Asset 2 Provided Or Not Applicable - Due Diligence Vendor-04/13/2026

Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Validated Original LTV Of 80% Is Below The Guideline Maximum Of 90% By Ten Percent (10%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 16.33% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
    Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
143885     D A D A A A A A Closed FCRE1342 2026-04-09 23:01 2026-04-13 09:22 Resolved 1 - Information D A Credit Missing Doc - Income Borrower 1 Business Bank Statements Missing Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-04/13/2026
Ready for Review-Document Uploaded. xxx statements uploaded for review. - Buyer-04/10/2026
Open-Borrower 1 Business Bank Statements Missing - Bank statements used by Lender to calculate income are not present at time of review. Please provide bank statements used to calculate income. xxx - Due Diligence Vendor-04/10/2026
  Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-04/13/2026

Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Validated Original LTV Of 80% Is Below The Guideline Maximum Of 90% By Ten Percent (10%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 16.33% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
199558     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other      
808745     B B B B A A A A Closed FCRE5474 2026-04-13 12:47 2026-04-14 10:38 Waived 2 - Non-Material B B Credit Eligibility Condo project is ineligible per guidelines Waived-x - Due Diligence Vendor-04/14/2026

Waived-Condo project does not meet guidelines. Non Warrantable condo with common elements not completed 41% of units are delinquent with HOA fees. - Due Diligence Vendor-04/13/2026
  Waived-x - Due Diligence Vendor-04/14/2026

 Waived-Condo project does not meet guidelines. Non Warrantable condo with common elements not completed 41% of units are delinquent with HOA fees. - Due Diligence Vendor-04/13/2026

Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 65.68 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 38.98% Is Less Than The Guideline Maximum Of 45% By Five Percent (5%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.2
FTHB with excellent assets and high CO. Minimal debt user.
- FICO 20+ points
- DTI 5% below max
- Reserves > 6 months minimum
  Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA Originator Pre-Close Yes xxx
970649     D B D B A A A A Closed FCRE1161 2026-04-13 02:19 2026-04-14 10:30 Resolved 1 - Information D A Credit Missing Doc - Insurance Flood Certificate Missing Resolved-Flood Certificate is fully present - Due Diligence Vendor-04/14/2026

Ready for Review-Document Uploaded.  - Buyer-04/13/2026

Open-Missing Flood Certificate - Due Diligence Vendor-04/13/2026
  Resolved-Flood Certificate is fully present - Due Diligence Vendor-04/14/2026

Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 82.2 Are Greater Than The Guideline Minimum Of 9 By Six (6) Or More Months
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
  xxx ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA N/A N/A xxx
970649     D B D B A A A A Closed FCRE1194 2026-04-13 14:34 2026-04-13 14:44 Waived 2 - Non-Material B B Credit Eligibility Audited LTV Exceeds Guideline LTV Waived-Audited LTV of 75% exceeds Guideline LTV of 65% exception approved in email. pg 254, 525 - Due Diligence Vendor-04/13/2026   Waived-Audited LTV of 75% exceeds Guideline LTV of 65% exception approved in email. pg 254, 525 - Due Diligence Vendor-04/13/2026

Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 82.2 Are Greater Than The Guideline Minimum Of 9 By Six (6) Or More Months
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
no comp factors listed   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA Originator Pre-Close Yes xxx
396680     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
699388     D A D A A A A A Closed FCRE7497 2026-04-14 09:07 2026-04-15 09:51 Resolved 1 - Information D A Credit Missing Doc Missing verification of taxes, insurance, and/or HOA fees for non-subject property Resolved-Updated 1003 & 1008 provided. - Due Diligence Vendor-04/15/2026
Ready for Review-Document Uploaded. Submitted updated 1003, 1008 with removal of duplicate HOI entry of xxx it is escrowed with the mortgage.  - Buyer-04/14/2026
Open-missing other dues for xxx in the amount of xxx listed on your 1003 - Due Diligence Vendor-04/14/2026
  Resolved-Updated 1003 & 1008 provided. - Due Diligence Vendor-04/15/2026

Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 24.57% Is Less Than The Guideline Maximum Of 45% By Five Percent (5%) Or More
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 50% Is Below The Guideline Maximum Of 80% By Ten Percent (10%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.07
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 38.28 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
390414     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Second Home Purchase NA      
286239     B B B B A A A A Closed FCRE1197 2026-04-14 11:20 2026-04-14 14:40 Waived 2 - Non-Material B B Credit Eligibility Audited FICO is less than Guideline FICO Waived-Audited FICO of xxx is less than Guideline FICO of 700 80% LTV Cash out with Credit Score xxx, Guidelines require 700. - Due Diligence Vendor-04/14/2026   Waived-Audited FICO of xxx is less than Guideline FICO of 700 80% LTV Cash out with Credit Score xxx, Guidelines require 700. - Due Diligence Vendor-04/14/2026
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 41.5% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More Comp factors:
- DTI 5% below max
- 0x30x24+
- Multiple paid as agreed mortgages 0x30
  Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other Originator Pre-Close Yes xxx
930422     D A D A A A A A Closed FCRE7497 2026-04-14 11:43 2026-04-16 09:05 Resolved 1 - Information D A Credit Missing Doc Missing verification of taxes, insurance, and/or HOA fees for non-subject property Resolved-HOI policy provided  - Due Diligence Vendor-04/16/2026
Ready for Review-Document Uploaded. Submitted HOI for xxx for review. - Buyer-04/15/2026
Open-Missing HOI for xxx - Due Diligence Vendor-04/14/2026
  Resolved-HOI policy provided  - Due Diligence Vendor-04/16/2026

Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 5.50 Years
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 19.50 Years
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 19.49 Years
Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - 19.50 Years
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 110.51 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.19
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Second Home Purchase NA N/A N/A xxx
318618     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
993815     B B B B A A A A Closed FCRE8712 2026-04-14 15:39 2026-04-14 15:39 Waived 2 - Non-Material B B Credit Missing Doc Missing Verification of Rent Waived-Missing copy of check for June/July rents - Due Diligence Vendor-04/14/2026 Comp factors:
- FICO 20+ points
- DTI 5% below max
- Reserves > 6 months minimum - xxx
 

Waived-Missing copy of check for June/July rents - Due Diligence Vendor-04/14/2026

Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 16.88% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.14
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 26.57 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
we have evidence amount cleared for these months for housing history however, copy of check wasn't provided   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA Originator Pre-Close Yes xxx
491158     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA      
966963     D A D A A A A A Closed FCRE1258 2026-04-15 11:19 2026-04-20 09:10 Resolved 1 - Information D A Credit Missing Doc - Approval Info Collateral Underwriter Missing Resolved-desk review provided  - Due Diligence Vendor-04/20/2026
Ready for Review-Document Uploaded. Desk review uploaded for review. - Buyer-04/17/2026
Open-Please verify Collateral Underwriter Score Provided is actually Missing. Per Guidelines: All appraisals require a third-party desk review CU/LCA score of 2.5 or lower - no 3rd party review required. When both a CU and a LCA SSR are provided, the lower score of the two is used to determine if a review is required. - Due Diligence Vendor-04/15/2026
  Resolved-desk review provided  - Due Diligence Vendor-04/20/2026

Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 19 Years
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 9.32 Years
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.08
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 13.42% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Borrower At Current Residence For Five (5) Or More Years - Validated Borrower At Current Residence For Five (5) Or More Years - 6 Years
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
231351     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Refinance Cash Out - Other      
938933     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Second Home Purchase NA      
716187     D A D A A A A A Closed FCRE1469 2026-04-16 12:51 2026-04-17 11:20 Resolved 1 - Information D A Credit Missing Doc - Assets Asset 3 Missing Resolved-Asset 3 Provided Or Not Applicable - Due Diligence Vendor-04/17/2026
Ready for Review-Document Uploaded. Updated 1003 and 1008 uploaded for review.  - Buyer-04/17/2026
Counter-Document Uploaded. The Final 1003 & 1008 reflects the xxx account and used to qualify, if no longer including those assets, an updated 1003 removing that account & 1008 are needed.  - Due Diligence Vendor-04/17/2026
Ready for Review-This is a Non-Del loan, the loan was credit underwritten by xxx. While the xxx account may be absent from the loan file this is a moot issue.  The loan qualifies based on the xxx statement balance of xxx and xxx, xxx, xxx ,transaction history balance. EMD was sourced via the xxx transaction history wired on xxx. Total verified assets xxx less xxx funds to close = xxx remaining assets/xxx PITIA = 62.70 months reserves. - Buyer-04/16/2026
Open-xxx xxx xxx is missing from the loan file. - Due Diligence Vendor-04/16/2026
  Resolved-Asset 3 Provided Or Not Applicable - Due Diligence Vendor-04/17/2026

Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 9.25 Years
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 62.7 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 25.26 Years
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 25.26 Years
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 75% Is Below The Guideline Maximum Of 85% By Ten Percent (10%) Or More
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 13.06% Is Less Than The Guideline Maximum Of 45% By Five Percent (5%) Or More
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.16
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Second Home Purchase NA N/A N/A xxx
455441     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
282794     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Refinance No Cash Out - Borrower Initiated      
834804     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
934471     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Second Home Purchase NA      
672032     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other      
568087     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
853852     B B A A A A B B Closed FVAL9739 2026-04-17 09:28 2026-04-17 09:28 Waived 2 - Non-Material B B Property Appraisal Property/Appraisal General Waived-Unit 3 is xxx. (under 500)
 - Due Diligence Vendor-04/17/2026
  Waived-Unit 3 is xxx sqft. (under 500)
 - Due Diligence Vendor-04/17/2026
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 10.39 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.09
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 19.9% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
- FICO 20+ points+
- DTI 5% below max
- 0x30x24+
  ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA Originator Pre-Close Yes xxx
788340     D A A A D A A A Closed FCOM1208 2026-04-17 00:50 2026-04-22 14:25 Resolved 1 - Information D A Compliance Missing Doc - Closing Package The Note is Incomplete Resolved-The Note is Present - Due Diligence Vendor-04/22/2026
Ready for Review-Document Uploaded. IO Note uploaded for review. - Buyer-04/22/2026
Open-The Note is Incomplete The final CD and amortization reflect xxx, but the provided fixed note reflects xxx. From xxx to xxx, the borrower is paying xxx. From xxx to xxx, the borrower will be paying xxx. Therefore, the underwriter has considered this as a Fixed Rate note. Kindly provide an updated and accurate note document. - Due Diligence Vendor-04/17/2026
  Resolved-The Note is Present - Due Diligence Vendor-04/22/2026

Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Validated Original LTV Of 52.78% Is Below The Guideline Maximum Of 85% By Ten Percent (10%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.24
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 10.73 Years
Borrower At Current Residence For Five (5) Or More Years - Validated Borrower At Current Residence For Five (5) Or More Years - 7.00 Years
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 10.46% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 25.00 Years
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 43.73 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
705583     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
979597     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Refinance Cash Out - Other      
909667     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other      
955204     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA      
355185     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
352499     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
698585     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
269671     B B B B A A A A Closed FPRO1508 2026-04-21 14:27 2026-04-21 14:27 Waived 2 - Non-Material B B Credit Eligibility Property Characteristics Do Not Meet Guideline Requirements Waived-Please review for the possiblity of an exception one unit is only xxx GLA which is below our required Minimum Square Footage -500 sq ft. per unit.
 - Due Diligence Vendor-04/21/2026
  Waived-Please review for the possiblity of an exception one unit is only xxx GLA which is below our required Minimum Square Footage - 500 sq ft. per unit.
 - Due Diligence Vendor-04/21/2026
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.07
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 12 Years
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 12.00 Years
Borrower At Current Residence For Five (5) Or More Years - Validated Borrower At Current Residence For Five (5) Or More Years - 5.25 Years
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 57.41 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 16.29% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
- 5+ years of job/Self-Employed
- FICO 20+ points
  ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA Originator Pre-Close Yes xxx
743379     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA      
342857     D A D A A A A A Closed FCRE5770 2026-04-21 00:57 2026-04-22 09:02 Resolved 1 - Information D A Credit Missing Doc Borrower 1 Credit Report is Missing Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-04/22/2026

Ready for Review-Document Uploaded. Credit report uploaded - Buyer-04/21/2026

Open-Borrower 1 Credit Report is Missing. At time of review there was no initial credit report in the file. Please provide the required documentation - Credit Report. - Due Diligence Vendor-04/21/2026
  Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-04/22/2026

Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 34.88% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 6.28 Years
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 67.5% Is Below The Guideline Maximum Of 85% By Ten Percent (10%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance No Cash Out - Borrower Initiated N/A N/A xxx
342857     D A D A A A A A Closed FCRE5116 2026-04-21 00:57 2026-04-22 09:02 Resolved 1 - Information D A Credit Missing Doc VOM or VOR missing/required Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-04/22/2026

Ready for Review-Credit report uploaded with Mortgage history - Buyer-04/21/2026

Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Verification of Mortgage (VOM) Document is Missing. At time of review the required documentation to verify mortgage payment history was missing from the file. Please provide documentation to support mortgage payment history. - Due Diligence Vendor-04/21/2026
  Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-04/22/2026

Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 34.88% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 6.28 Years
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 67.5% Is Below The Guideline Maximum Of 85% By Ten Percent (10%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points
    Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance No Cash Out - Borrower Initiated N/A N/A xxx
483952     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
911314     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
312272     D A D A A A A A Closed FCRE7497 2026-04-22 10:22 2026-04-23 09:51 Resolved 1 - Information D A Credit Missing Doc Missing verification of taxes, insurance, and/or HOA fees for non-subject property Resolved- - Due Diligence Vendor-04/23/2026
Ready for Review-Document Uploaded. Updated 1003, approval and 1008 uploaded for review.  The xxx HOA fee is taken from the xxx report and the xxx taxes and insurance were taken from the escrows noted on the xxx mortgage statement.

 - Buyer-04/22/2026
Open-Missing HOA ( xxx)  on primary res and other dues/ ins and/or taxes listed on 1003 in the amount of xxx listed on 1003 - Due Diligence Vendor-04/22/2026
    Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 42.95% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 11.17 Years
  xxx ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Refinance Limited Cash Out - <2% of Loan Amount or $2000 N/A N/A xxx
999353     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA      
441854     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other      
412524     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
503518     C A A A C A A A Closed FCOM2276 2026-04-23 14:22 2026-05-01 09:51 Resolved 1 - Information C A Compliance TRID Final CD: Disbursement Date is missing or inaccurate Resolved-PCCD received, data entered, no additional compliance findings. Thank you - Due Diligence Vendor-05/01/2026
Ready for Review-Document Uploaded. Submitted PCCD with LOE and Proof of Delivery - Buyer-04/30/2026
Open-******* Borrower executed documents on xxx. After Final Closing Disclosure Disbursement date of xxx. Please provide Post Consummation Closing Disclosure with actual disbursement date. - Due Diligence Vendor-04/23/2026
  Resolved-PCCD received, data entered, no additional compliance findings. Thank you - Due Diligence Vendor-05/01/2026

    xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
503518     C A A A C A A A Closed finding-3617 2026-04-23 20:18 2026-05-01 09:51 Resolved 1 - Information C A Compliance TRID TRID Initial Closing Disclosure Date and Funding Date Validation Test Resolved-PCCD received, data entered, no additional compliance findings. Thank you - Due Diligence Vendor-05/01/2026

Resolved- - Due Diligence Vendor-05/01/2026

Ready for Review-Submitted PCCD with LOE and Proof of Delivery - Buyer-04/30/2026

Open- - Due Diligence Vendor-04/24/2026

Open-This loan failed the TRID closing disclosure date and funding date validation test.This loan contains a closing disclosure receipt date (or closing disclosure delivery date if receipt date was not provided) that is after the funding date. Please review the loan data to ensure the dates are in the correct fields. - Due Diligence Vendor-04/24/2026

Open- - Due Diligence Vendor-04/24/2026
  Resolved-PCCD received, data entered, no additional compliance findings. Thank you - Due Diligence Vendor-05/01/2026

      Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
258663     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
624428     C B C B C A A A Closed FPRO1508 2026-04-30 18:07 2026-04-30 18:09 Waived 2 - Non-Material C B Credit Eligibility Property Characteristics Do Not Meet Guideline Requirements Waived-Client exception granted with compensating factors to accept ADUs under 400 sq ft. - Due Diligence Vendor-04/30/2026
Open-Subject property includes 2 ADUs that are each under the guideline minimum of 400 sq ft. - Due Diligence Vendor-04/30/2026
  Waived-Client exception granted with compensating factors to accept ADUs under xxx . - Due Diligence Vendor-04/30/2026
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 14.79 Years
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.06
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 30.62 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 31.00 Years
Borrower At Current Residence For Five (5) Or More Years - Validated Borrower At Current Residence For Five (5) Or More Years - 30.00 Years
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Validated Original LTV Of 80% Is Below The Guideline Maximum Of 90% By Ten Percent (10%) Or More
FICO 20+ over minimum, reserves 6+ months over minimum, 0x30x24 payment history   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA Originator Pre-Close Yes xxx
624428     C B C B C A A A Closed FCOM2276 2026-04-24 14:10 2026-04-30 10:55 Resolved 1 - Information C A Compliance TRID Final CD: Disbursement Date is missing or inaccurate Resolved-PCCD received, data entered, no additional compliance findings. Thank you - Due Diligence Vendor-04/30/2026
Ready for Review-Document Uploaded. Submitted PCCD with LOE and Proof of Delivery - Buyer-04/30/2026
Open-*******Borrower executed documents on xxx, after Final Closing Disclosure Disbursement date of xxx. Please provide Post Consummation Closing Disclosure with actual disbursement date. - Due Diligence Vendor-04/24/2026
  Resolved-PCCD received, data entered, no additional compliance findings. Thank you - Due Diligence Vendor-04/30/2026

Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 14.79 Years
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.06
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 30.62 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 31.00 Years
Borrower At Current Residence For Five (5) Or More Years - Validated Borrower At Current Residence For Five (5) Or More Years - 30.00 Years
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Validated Original LTV Of 80% Is Below The Guideline Maximum Of 90% By Ten Percent (10%) Or More
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
690010     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
139726     C A A A C A A A Closed finding-3652 2026-04-23 15:19 2026-04-27 09:15 Resolved 1 - Information C A Compliance TRID Lender Credits That Cannot Decrease Test Resolved-COC event details for Lock extension, provided  - Due Diligence Vendor-04/27/2026
Resolved- - Due Diligence Vendor-04/27/2026
Ready for Review-The file originated with Lender Credits per the initial LE, which can be subject to change depending on updates to loan terms. In this case, there were two lock extensions where pricing was xxx after the first adjustment on xxx, decreased to xxx after the second adjustment (see lock confirmations). - Buyer-04/24/2026
Open-This loan failed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits (xxx) does not exceed or equal the comparable sum of specific and non-specific lender credits (xxx). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). ****On xxx a cure in the amount of xxx was issued to the borrower. On xxx that disclosed cure was either removed or reduced.~~~~~ A cure once disclosed is a binding credit for the purposes of determining good faith. A later reduction to tolerance based fees is not a valid change of circumstance for a reduction or removal of a disclosed cure credit. Cure in the amount of xxx is required. Please provide PCCD, LOE, copy of refund check and proof of mailing. - Due Diligence Vendor-04/24/2026
Open- - Due Diligence Vendor-04/24/2026
Open- - Due Diligence Vendor-04/23/2026
Open- - Due Diligence Vendor-04/23/2026
  Resolved-COC event details for Lock extension, provided  - Due Diligence Vendor-04/27/2026

Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 20.82 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.04
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 40.1% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
    Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other N/A N/A xxx
127019     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Second Home Purchase NA      
178084     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA      
593210     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
365394     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
415898     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA      
980784     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
651009     C A A A C A A A Closed finding-3617 2026-04-27 13:04 2026-04-30 13:19 Resolved 1 - Information C A Compliance TRID TRID Initial Closing Disclosure Date and Funding Date Validation Test Resolved-PCCD received, data entered, no additional compliance findings. Thank you - Due Diligence Vendor-04/30/2026
Resolved- - Due Diligence Vendor-04/30/2026
Ready for Review-Document Uploaded. PCCD documentation uploaded for review. - Buyer-04/29/2026
Open-This loan failed the TRID closing disclosure date and funding date validation test.This loan contains a closing disclosure receipt date (or closing disclosure delivery date if receipt date was not provided) that is after the funding date. Please review the loan data to ensure the dates are in the correct fields. *****Borrower executed documents on xxx, after Final Closing Disclosure Disbursement date of xxx. Please provide Post Consummation Closing Disclosure with actual disbursement date. - Due Diligence Vendor-04/27/2026
Open- - Due Diligence Vendor-04/27/2026
  Resolved-PCCD received, data entered, no additional compliance findings. Thank you - Due Diligence Vendor-04/30/2026

    xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
998844     C B A A C B A A Closed finding-3634 2026-04-27 14:20 2026-05-01 10:02 Cured 2 - Non-Material C B Compliance TRID Tolerance Charges That Cannot Increase Test Cured-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/01/2026
Ready for Review-Document Uploaded. PCCD and cure documentation uploaded for review. - Seller-05/01/2026
Counter-***The loan closed on xxx, fees subject to zero tolerance cannot increase post-closing. COC dated xxx is not valid. - Due Diligence Vendor-04/28/2026
Ready for Review-The loan did not disburse until xxx per the COC CD dated/signed xxx provided in the initial shipping package pages 834 - 839, the lock expired hence the increase in the loan discount points, with COC provided page 852 of the initial shipping package. - Seller-04/27/2026
Open-Post Consummation harm to borrower: Consummation is the date borrower(s) and lender entered a contract by executing the Deed of Trust, note and Closing Disclosing.  Charges cannot be increased or added for any reason, Post consummation.  0% tolerance cure in the amount of xxx is required. Please provide PCCD, LOE, copy of refund check and proof of mailing. - Due Diligence Vendor-04/27/2026
Open-This loan failed the charges that cannot increase test.  (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is xxx.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). - Due Diligence Vendor-04/27/2026
Open- - Due Diligence Vendor-04/27/2026
Ready for Review-Document Uploaded. PCCD and cure documentation uploaded for review. - Seller-05/01/2026
 Ready for Review-The loan did not disburse until xxx per the COC CD dated/signed xxx provided in the initial shipping package pages 834 - 839, the lock expired hence the increase in the loan discount points, with COC provided page 852 of the initial shipping package. - Seller-04/27/2026
Cured-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/01/2026

Borrower At Current Residence For Five (5) Or More Years - Validated Borrower At Current Residence For Five (5) Or More Years - 5.5 Years
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 45% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Validated Original LTV Of 80% Is Below The Guideline Maximum Of 90% By Ten Percent (10%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
998844     C B A A C B A A Closed finding-3631 2026-04-27 14:20 2026-05-01 10:02 Cured 2 - Non-Material C B Compliance Points & Fees Reimbursement Amount Validation Test Cured-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/01/2026
Ready for Review-PCCD and cure documentation uploaded to trailing docs for review. - Seller-05/01/2026
Counter-***The loan closed on xxx, fees subject to zero tolerance cannot increase post-closing. COC dated xxx is not valid. - Due Diligence Vendor-04/28/2026
Ready for Review-The loan did not disburse until xxx per the COC CD dated/signed xxx provided in the initial shipping package pages 834 - 839, the lock expired hence the increase in the loan discount points, with COC provided page 852 of the initial shipping package. - Seller-04/27/2026
Open-Post Consummation harm to borrower: Consummation is the date borrower(s) and lender entered a contract by executing the Deed of Trust, note and Closing Disclosing.  Charges cannot be increased or added for any reason, Post consummation.  0% tolerance cure in the amount of xxx is required. Please provide PCCD, LOE, copy of refund check and proof of mailing. - Due Diligence Vendor-04/27/2026
Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-04/27/2026
Open- - Due Diligence Vendor-04/27/2026
Ready for Review-PCCD and cure documentation uploaded to trailing docs for review. - Seller-05/01/2026
 Ready for Review-The loan did not disburse until xxx per the COC CD dated/signed xxx  provided in the initial shipping package pages 834 - 839, the lock expired hence the increase in the loan discount points, with COC provided page 852 of the initial shipping package. - Seller-04/27/2026
Cured-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/01/2026

Borrower At Current Residence For Five (5) Or More Years - Validated Borrower At Current Residence For Five (5) Or More Years - 5.5 Years
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 45% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Validated Original LTV Of 80% Is Below The Guideline Maximum Of 90% By Ten Percent (10%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
    Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
998844     C B A A C B A A Closed finding-3632 2026-04-27 14:20 2026-05-01 10:02 Resolved 1 - Information C A Compliance Disclosures (Federal, State, and Data Dependent) Consummation or Reimbursement Date Validation Test Resolved-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/01/2026
Ready for Review-PCCD and cure documentation uploaded to trailing docs for review. - Buyer-05/01/2026
Counter-***The loan closed on xxx, fees subject to zero tolerance cannot increase post-closing. COC dated xxx is not valid. - Due Diligence Vendor-04/28/2026
Ready for Review-The loan did not disburse until xxx per the COC CD dated/signed xxx  provided in the initial shipping package pages 834 - 839, the lock expired hence the increase in the loan discount points, with COC provided page 852 of the initial shipping package. - Buyer-04/27/2026
Open-Post Consummation harm to borrower: Consummation is the date borrower(s) and lender entered a contract by executing the Deed of Trust, note and Closing Disclosing.  Charges cannot be increased or added for any reason, Post consummation.  0% tolerance cure in the amount of xxx is required. Please provide PCCD, LOE, copy of refund check and proof of mailing. - Due Diligence Vendor-04/27/2026
Open-This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-04/27/2026
Open- - Due Diligence Vendor-04/27/2026
  Resolved-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/01/2026

Borrower At Current Residence For Five (5) Or More Years - Validated Borrower At Current Residence For Five (5) Or More Years - 5.5 Years
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 45% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Validated Original LTV Of 80% Is Below The Guideline Maximum Of 90% By Ten Percent (10%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
    Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
838389     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
622566     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA      
147009     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
247972     B A B A A A A A Closed FCRE1182 2026-04-27 04:03 2026-04-28 08:33 Resolved 1 - Information B A Credit Missing Doc - Approval Info Underwriting Summary Not Provided Resolved-1008/Underwriting Summary is fully present - Due Diligence Vendor-04/28/2026

Ready for Review-Document Uploaded. 1008 Uploaded for review. - Buyer-04/27/2026

Open-1008/Underwriting Summary Not Provided Final 1008 is Missing, Provide Updated Final 1008. - Due Diligence Vendor-04/27/2026
  Resolved-1008/Underwriting Summary is fully present - Due Diligence Vendor-04/28/2026

Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.0
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 8.41 Years
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 253.37 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Borrower At Current Residence For Five (5) Or More Years - Validated Borrower At Current Residence For Five (5) Or More Years - 5.08 Years
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 17.96% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Validated Original LTV Of 75.99% Is Below The Guideline Maximum Of 90% By Ten Percent (10%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points
  xxx ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Refinance Limited Cash Out - <2% of Loan Amount or $2000 N/A N/A xxx
244247     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
512265     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Limited Cash Out - <2% of Loan Amount or $2000      
166469     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other      
389038     D A D A A A A A Closed FCRE1241 2026-04-29 01:56 2026-04-29 17:49 Resolved 1 - Information D A Credit Missing Doc - Property Purchase Contract is Missing Resolved-Purchase Contract Issue Resolved - Due Diligence Vendor-04/29/2026
Ready for Review-The property is a FSBO, the executed For Sale By Owner Supplement Escrow Instructions and General Provisions was provided in the initial shipping package pages 313 - 320. - Buyer-04/29/2026
Open-Purchase Contract Is Missing A copy of the final executed sales contract was missing at the time of review. Please provide. - Due Diligence Vendor-04/29/2026
  Resolved-Purchase Contract Issue Resolved - Due Diligence Vendor-04/29/2026

Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 640 By Twenty (20) or More Points
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 44.9% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - 6.21 Years
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 6.13 Years
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01
    Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
911185     D A A A D A A A Closed FCOM1220 2026-04-29 02:54 2026-04-30 11:52 Resolved 1 - Information D A Compliance Missing Doc - Closing Package The Deed of Trust is Missing Resolved-The Deed of Trust is Present - Due Diligence Vendor-04/30/2026

Ready for Review-Document Uploaded. Submitted DOT for review.  - Buyer-04/29/2026

Open-The Deed of Trust is Missing. Not in file at time of review. Please provide a copy of the executed Mortgage Deed - Due Diligence Vendor-04/29/2026
  Resolved-The Deed of Trust is Present - Due Diligence Vendor-04/30/2026

Borrower At Current Residence For Five (5) Or More Years - Validated Borrower At Current Residence For Five (5) Or More Years - 8.00 Years

Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 15.51 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months

Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 6.99 Years

Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.08
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other N/A N/A xxx
968411     D A A A D A A A Closed FCOM8844 2026-04-29 01:04 2026-05-01 10:23 Resolved 1 - Information D A Compliance Missing Doc Missing Evidence of Business Purpose use of Proceeds Resolved-Business Purpose Disclosure or letter from borrower is Present. - Due Diligence Vendor-05/01/2026
Ready for Review-Document Uploaded.  - Buyer-05/01/2026
Counter-Apologies for the confusion, Missing Occupancy Affidavit from the Loan file - Due Diligence Vendor-05/01/2026
Ready for Review-There are no proceeds. Transaction is a full doc no cash-out refinance of an investment property with borrower needing xxx in funds to close to pay an existing first mortgage per page 146. Additionally, loan closed vested as individual, not as an entity. Business purpose applies to DSCR transactions.  - Buyer-04/30/2026
Open-Business Purpose Disclosure stating how funds will be used or letter from borrower regarding the use of funds is missing. Occupancy Certificate Missing - Due Diligence Vendor-04/29/2026
  Resolved-Business Purpose Disclosure or letter from borrower is Present. - Due Diligence Vendor-05/01/2026

Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 30.00 Years
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 25.15 Years
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 23.35% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Borrower At Current Residence For Five (5) Or More Years - Validated Borrower At Current Residence For Five (5) Or More Years - 16.00 Years
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 38.45 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months
  xxx ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Refinance No Cash Out - Borrower Initiated N/A N/A xxx
155040     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
832644     B B B B A A A A Closed FCRE8201 2026-04-29 15:05 2026-04-29 15:07 Waived 2 - Non-Material B B Credit Eligibility Loan does not conform to program guidelines Waived-Martial settlement will not be finalized before closing - Due Diligence Vendor-04/29/2026   Waived-Martial settlement will not be finalized before closing - Due Diligence Vendor-04/29/2026

Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Validated Original LTV Of 55.52% Is Below The Guideline Maximum Of 80% By Ten Percent (10%) Or More
Borrower At Current Residence For Five (5) Or More Years - Validated Borrower At Current Residence For Five (5) Or More Years - 10.00 Years
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 24.83 Years
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 7.93 Years
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.18
Borrower is doing a refinance to remove spouse from property and buy out per marital settlement. Exception proceed with current
settlement in place which has not been finalized based on the following comp factors:
- Self-employed 5+ years
- Credits score 63 points above minimum
- LTV 10% below max
- Residual income > xxx
- No child support or alimony owed
- Ancillary income not used for qualifying
- FICO 20+ points
- 5+ years in subject property ownership
- 5+ years business ownership
- 0x30x24+
  Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance No Cash Out - Borrower Initiated Originator Pre-Close Yes xxx
203036     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
153770     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA      
805066     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA      
746251     D A D A A A A A Closed FCRE7497 2026-05-01 09:13 2026-05-01 14:09 Resolved 1 - Information D A Credit Missing Doc Missing verification of taxes, insurance, and/or HOA fees for non-subject property Resolved-REO documents provided for xxx- Due Diligence Vendor-05/01/2026
Ready for Review-Document Uploaded. HOI and Tax Cert for xxx uploaded for review. - Buyer-05/01/2026
Counter-Newly closed Loan - Final CD provided however the loan is not escrowed, Missing Tax Cert, HOI Policy and HOA (if applicable) to verify Full PITIA for xxx - Due Diligence Vendor-05/01/2026
Ready for Review-Document Uploaded. Final CD and Appraisal for xxx uploaded for review. - Buyer-05/01/2026
Open-Missing verification of PITIA for non-subject property xxx - Due Diligence Vendor-05/01/2026
  Resolved-REO documents provided for xxx - Due Diligence Vendor-05/01/2026
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 10.52% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 44.26% Is Below The Guideline Maximum Of 80% By Ten Percent (10%) Or More
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 141.07 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 10.00 Years
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 17.32 Years
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 17.32 Years
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other N/A N/A xxx
535094     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
124801     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
762116     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other      
681690     B B B B A A A A Closed FCRE1437 2026-05-04 09:36 2026-05-04 09:36 Waived 2 - Non-Material B B Credit Income Income and Employment Do Not Meet Guidelines Waived-Income and Employment Do Not Meet Guidelines - Using 100% rent to qualify other REO and concurrent investment purchase.
- xxx does not allow layered entity vesting. - Due Diligence Vendor-05/04/2026
  Waived-Income and Employment Do Not Meet Guidelines - Using 100% rent to qualify other REO and concurrent investment purchase.
- xxx does not allow layered entity vesting. - Due Diligence Vendor-05/04/2026
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 44.2% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.03
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 41.87 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
- FICO 20+ points
- 0x30x24+
  ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA Originator Pre-Close Yes xxx
433979     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
785441     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Refinance Cash Out - Other      
331416     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA      
630739     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Refinance Cash Out - Other      
380279     D B D B A A A A Closed FCRE1826 2026-04-23 14:53 2026-05-06 15:01 Waived 2 - Non-Material D B Credit Missing Doc US Driver’s License or other US or foreign government-issued photo ID Missing Waived-Lender exception for Work Visa EAD Code xxx - Due Diligence Vendor-05/06/2026
Ready for Review-Document Uploaded. Submitted EAD and Post-Closing Lender Exception  - Buyer-05/06/2026
Open-BR1 is a Non-Permanent Resident Alien and required documentation was missing at time of review. Please provide the required documentation per guidelines - Due Diligence Vendor-04/23/2026
EA08 work visa provided.  - 05/06/2026
 

Waived-Lender exception for Work Visa EAD Code xxx - Due Diligence Vendor-05/06/2026
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 9.68 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.13
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points
xxx credit score
20 months reserves
xxx residual income
xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA Originator Post-Close Yes xxx
639248     C B A A C B A A Closed finding-3634 2026-04-27 13:56 2026-05-08 09:20 Cured 2 - Non-Material C B Compliance TRID Tolerance Charges That Cannot Increase Test Cured-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/08/2026
Resolved- - Due Diligence Vendor-05/08/2026
Ready for Review-PCCD cure documentation uploaded to trailing docs for review. - Buyer-05/07/2026
Open-The following charges have been increased: Credit report resulting in a 0% tolerance cure in the amount of xxx. Please provide COC event details dated within 3 days of additional/increased charges. Or 0% tolerance cure in the amount of xxx is required. Please provide PCCD, LOE, copy of refund check and proof of mailing. - Due Diligence Vendor-04/28/2026
Open- - Due Diligence Vendor-04/28/2026
Open-This loan failed the charges that cannot increase test.  (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is xxx.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). Loan Failed Charges that cannot increase failure with the variance of xxx due to the increase in the Credit Report from the initial LE dated xxx & Revised Laon Estimate dated xxx,xxx to the Initial Closing Disclosure dated xxx  and Final CD dated xxx, xxx, however no COC addressing the failure, kindly provide cure of xxx or COC addressing the change. - Due Diligence Vendor-04/27/2026
Open- - Due Diligence Vendor-04/27/2026
  Cured-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/08/2026

Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.2
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 10.02 Years
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 25.00 Years
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 13.88 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 33.59% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
    Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
639248     C B A A C B A A Closed finding-3631 2026-04-27 13:56 2026-05-08 09:20 Cured 2 - Non-Material C B Compliance TRID Tolerance Reimbursement Amount Validation Test Cured-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/08/2026
Resolved- - Due Diligence Vendor-05/08/2026
Ready for Review-Document Uploaded. PCCD cure documentation uploaded for review. - Buyer-05/07/2026
Open-The following charges have been increased: Credit report resulting in a 0% tolerance cure in the amount of xxx. Please provide COC event details dated within 3 days of additional/increased charges. Or 0% tolerance cure in the amount of xxx is required. Please provide PCCD, LOE, copy of refund check and proof of mailing. - Due Diligence Vendor-04/28/2026
Open- - Due Diligence Vendor-04/28/2026
Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-04/27/2026
Open- - Due Diligence Vendor-04/27/2026
  Cured-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/08/2026

Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.2
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 10.02 Years
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 25.00 Years
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 13.88 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 33.59% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
639248     C B A A C B A A Closed finding-3632 2026-04-27 13:56 2026-05-08 09:20 Resolved 1 - Information C A Compliance Disclosures (Federal, State, and Data Dependent) Consummation or Reimbursement Date Validation Test Resolved-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/08/2026
Resolved- - Due Diligence Vendor-05/08/2026
Ready for Review-PCCD cure documentation uploaded to trailing docs for review. - Seller-05/07/2026
Open-The following charges have been increased: Credit report resulting in a 0% tolerance cure in the amount of xxx. Please provide COC event details dated within 3 days of additional/increased charges. Or 0% tolerance cure in the amount of xxx is required. Please provide PCCD, LOE, copy of refund check and proof of mailing. - Due Diligence Vendor-04/28/2026
Open- - Due Diligence Vendor-04/28/2026
Open-This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-04/27/2026
Open- - Due Diligence Vendor-04/27/2026
Ready for Review-PCCD cure documentation uploaded to trailing docs for review. - Seller-05/07/2026

Resolved-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/08/2026

Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.2
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 10.02 Years
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 25.00 Years
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 13.88 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 33.59% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
    Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
883067     C A C A A A A A Closed FCRE1182 2026-05-04 08:39 2026-05-06 15:37 Resolved 1 - Information B A Credit Missing Doc - Approval Info Underwriting Summary Not Provided Resolved-1008  comments states not eligible for GSE due to bank statement income calculation.  - Due Diligence Vendor-05/06/2026
Ready for Review-Loan was not qualified using a manual underwrite. This is a xxx product with income calculations and DTI matching DU under page 912. - Buyer-05/06/2026
Counter-Please provide 1008 showing manual underwriting with bank statement income.  - Due Diligence Vendor-05/06/2026
Ready for Review-Document Uploaded. 1008 uploaded for review. - Buyer-05/05/2026
Open-1008/Underwriting Summary Not Provided - Due Diligence Vendor-05/04/2026
  Resolved-1008  comments states not eligible for GSE due to bank statement income calculation.  - Due Diligence Vendor-05/06/2026

Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 61.89% Is Below The Guideline Maximum Of 90% By Ten Percent (10%) Or More
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 32.28 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 21.42 Years
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 14.25 Years
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance No Cash Out - Borrower Initiated N/A N/A xxx
883067     C A C A A A A A Closed FCRE1193 2026-05-04 08:40 2026-05-06 11:22 Resolved 1 - Information C A Credit Eligibility Audited DTI Exceeds Guideline DTI Resolved-Corrected income for 85% lender guidelines vs 75% and netted rental income/loss against income instead of in DTI ratio.  - Due Diligence Vendor-05/06/2026

Ready for Review-1008 uploaded to trailing docs for review. - Buyer-05/05/2026

Open-Audited DTI of 68.71% exceeds Guideline DTI of 50%  no 1008 in file to verify loan and DTI exceeds guidelines. looks like there is another loan in process but without any notes or comments unclear of what or if anything is being paid off or consolidated to get DTI in line.  - Due Diligence Vendor-05/04/2026
  Resolved-Corrected income for 85% lender guidelines vs 75% and netted rental income/loss against income instead of in DTI ratio.  - Due Diligence Vendor-05/06/2026

Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 61.89% Is Below The Guideline Maximum Of 90% By Ten Percent (10%) Or More
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 32.28 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 21.42 Years
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 14.25 Years
    Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance No Cash Out - Borrower Initiated N/A N/A xxx
898003     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
412829     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
459394     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other      
360004     B B B B A A A A Closed FCRE8201 2026-05-05 15:54 2026-05-05 15:54 Waived 2 - Non-Material B B Credit Eligibility Loan does not conform to program guidelines Waived-Using 100% rent to qualify other REO and concurrent investment purchase per - Due Diligence Vendor-05/05/2026   Waived-Using 100% rent to qualify other REO and concurrent investment purchase per - Due Diligence Vendor-05/05/2026

Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 43.56% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 42.82 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Comp Factors:
- Income 
  ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA Originator Pre-Close Yes xxx
360004     B B B B A A A A Closed FCRE7856 2026-05-05 15:53 2026-05-05 15:53 Waived 2 - Non-Material B B Credit Borrower Ineligible Vesting Waived-Ineligible Vesting. xxx does not allow layered entity vesting - Vesting to layered entity on this loan and 2nd purchase loan xxx Both are investment purchases for 4-unit properties. Vesting to xxx with xxx as the owning member. Borrower is 100% owner of xxx and xxx is 100% owner of xxx
. - Due Diligence Vendor-05/05/2026
  Waived-Ineligible Vesting. xxx does not allow layered entity vesting - Vesting to layered entity on this loan and 2nd purchase loan xxx. Bothare investment purchases for 4-unit properties. Vesting to xxx as the owning member. Borrower is 100% owner of xxx is 100% owner of xxx.
xxx. - Due Diligence Vendor-05/05/2026
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 43.56% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 42.82 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Comp Factors:
- FICO 20+ points
- 0x30x24+
  ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA Originator Pre-Close Yes xxx
229675     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Refinance Cash Out - Other      
746217     C B A A C B A A Closed finding-3631 2026-05-05 15:13 2026-05-08 09:29 Cured 2 - Non-Material C B Compliance TRID Tolerance Reimbursement Amount Validation Test Cured-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/08/2026
Resolved- - Due Diligence Vendor-05/08/2026
Ready for Review-Document Uploaded. PCCD cure documentation uploaded for review. - Seller-05/07/2026
Open-*** Recording charges of xxx were disclosed to the borrower in the Initial Loan Estimate, establishing a 10% baseline of xxx. Final charge to borrower is xxx. There is no correlating event evident (new Vesting deed, POA, etc.) to ratify the increase is valid change of circumstance. 10% tolerance cure in the amount of  xxx is required. Please provide PCCD, LOE, copy of refund check and proof of mailing. - Due Diligence Vendor-05/06/2026
Open- - Due Diligence Vendor-05/06/2026
Open- - Due Diligence Vendor-05/05/2026
Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-05/05/2026
Open- - Due Diligence Vendor-05/05/2026
Ready for Review-Document Uploaded. PCCD cure documentation uploaded for review. - Seller-05/07/2026

Cured-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/08/2026

Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 22.53% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More

Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 6.50 Years

Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 22.67 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
746217     C B A A C B A A Closed finding-3632 2026-05-05 15:13 2026-05-08 09:29 Resolved 1 - Information C A Compliance Disclosures (Federal, State, and Data Dependent) Consummation or Reimbursement Date Validation Test Resolved-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/08/2026
Resolved- - Due Diligence Vendor-05/08/2026
Ready for Review-PCCD cure documentation uploaded to trailing docs for review. - Buyer-05/07/2026
Open-*** Recording charges of xxx  were disclosed to the borrower in the Initial Loan Estimate, establishing a 10% baseline of xxx. Final charge to borrower is xxx. There is no correlating event evident (new Vesting deed, POA, etc.) to ratify the increase is valid change of circumstance. 10% tolerance cure in the amount of  xxx is required. Please provide PCCD, LOE, copy of refund check and proof of mailing. - Due Diligence Vendor-05/06/2026
Open- - Due Diligence Vendor-05/06/2026
Open- - Due Diligence Vendor-05/05/2026
Open-This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-05/05/2026
Open- - Due Diligence Vendor-05/05/2026
  Resolved-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/08/2026

Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 22.53% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More

Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 6.50 Years

Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 22.67 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
    Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
746217     C B A A C B A A Closed finding-3635 2026-05-05 15:13 2026-05-08 09:29 Cured 2 - Non-Material C B Compliance TRID Tolerance Charges That In Total Cannot Increase More Than 10% Test Cured-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/08/2026
Resolved- - Due Diligence Vendor-05/08/2026
Ready for Review-PCCD cure documentation uploaded to trailing docs for review. - Seller-05/07/2026
Open-*** Recording charges of xxx were disclosed to the borrower in the Initial Loan Estimate, establishing a 10% baseline of xxx. Final charge to borrower is xxx. There is no correlating event evident (new Vesting deed, POA, etc.) to ratify the increase is valid change of circumstance. 10% tolerance cure in the amount of  xxx  is required. Please provide PCCD, LOE, copy of refund check and proof of mailing. - Due Diligence Vendor-05/06/2026
Open- - Due Diligence Vendor-05/06/2026
Open- - Due Diligence Vendor-05/05/2026
Open-This loan failed the charges that in total cannot increase more than 10% test.  (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% (xxx) exceed the comparable charges (xxx) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). - Due Diligence Vendor-05/05/2026
Open- - Due Diligence Vendor-05/05/2026
Ready for Review-PCCD cure documentation uploaded to trailing docs for review. - Seller-05/07/2026

Cured-Curative PCCD, LOE, copy of refund check and proof of mailing, has been provided - Due Diligence Vendor-05/08/2026

Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 22.53% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More

Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 6.50 Years

Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 22.67 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
    Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA N/A N/A xxx
853914     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
701854     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other      
903643     B B B B A A A A Closed FCRE3874 2026-05-06 06:51 2026-05-06 15:13 Waived 2 - Non-Material B B Credit Eligibility Neighborhood Location Not Allowed for Guidelines Waived-Appraiser marked rural and zoned xxx - Due Diligence Vendor-05/06/2026
Waived-Primary Value Valuation Neighborhood Location Not Allowed for Program Exception in file page 504  - Due Diligence Vendor-05/06/2026
  Waived-Appraiser marked rural and zoned xxx - Due Diligence Vendor-05/06/2026
 Waived-Primary Value Valuation Neighborhood Location Not Allowed for Program Exception in file page 504  - Due Diligence Vendor-05/06/2026
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points
Borrower At Current Residence For Five (5) Or More Years - Validated Borrower At Current Residence For Five (5) Or More Years - 20.00 Years
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 25.25 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 31.7% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 30.00 Years
Compensating Factors:
- FICO - 20+ points
- DTI - 5% below max
- >1 year as real estate investor
- 0x30x24+
  ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA Originator Pre-Close Yes xxx
507019     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
629301     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA      
498026     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA      
430949     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
656484     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Refinance Cash Out - Other      
181090     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
805742     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA      
273104     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Refinance Cash Out - Other      
783480     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
300038     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Refinance Limited Cash Out - <2% of Loan Amount or $2000      
920543     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA      
385129     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
525218     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other      
244044     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA      
593782     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
971044     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other      
780940     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
458934     A A A A A A A A             A A                   Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA      
939459     C A A A C A A A Closed FCOM8891 2026-05-13 12:03 2026-05-14 09:58 Resolved 1 - Information C A Compliance Closing Package Other Compliance Resolved-***Received FCD with all pages - Due Diligence Vendor-05/14/2026
Ready for Review-Submitted complete Final CD with all pages - Buyer-05/13/2026
Open-Final Closing Disclosure dated xxx, Page 5 is missing. - Due Diligence Vendor-05/13/2026
  Resolved-***Received FCD with all pages - Due Diligence Vendor-05/14/2026

Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 43.75 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months

Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 7.08 Years

Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 10.87% Is Below The Guideline Maximum Of 80% By Ten Percent (10%) Or More

Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.12

Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 10.08 Years
    Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other N/A N/A xxx
939459     C A A A C A A A Closed FCOM4227 2026-05-13 05:53 2026-05-14 09:57 Resolved 1 - Information A A Compliance TRID TRID: Missing Closing Disclosure Resolved-***Received FCD with all pages - Due Diligence Vendor-05/14/2026
Ready for Review-Document Uploaded. Submitted complete Final CD with all pages - Buyer-05/13/2026
Open-Final Closing Disclosure dated xxx, Page 5 is missing.
 - Due Diligence Vendor-05/13/2026
  Resolved-***Received FCD with all pages - Due Diligence Vendor-05/14/2026

Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 43.75 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months

Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 7.08 Years

Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 10.87% Is Below The Guideline Maximum Of 80% By Ten Percent (10%) Or More

Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.12

Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 10.08 Years
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other N/A N/A xxx
545590     B B B B A A A A Closed FCRE1440 2026-05-13 14:26 2026-05-13 14:26 Waived 2 - Non-Material B B Credit Eligibility Housing History Does Not Meet Guideline Requirements Waived-Housing history VOR from private owner/ bank debits for 9 payments and 3 payments cash. No lates.
Borrowers are long term tenants paying month to month to private landlord. Bank debits supported for 9 of 12 months with 3 months paid
cash. LOE from landlord, FNMA VOR provided with no lates. Property prole reflects Landlord as owner of record and bank debits via xxx
paid to owner/landlord
 - Due Diligence Vendor-05/13/2026
  Waived-Housing history VOR from private owner/ bank debits for 9 payments and 3 payments cash. No lates.
Borrowers are long term tenants paying month to month to private landlord. Bank debits supported for 9 of 12 months with 3 months paid
cash. LOE from landlord, FNMA VOR provided with no lates. Property prole reflects Landlord as owner of record and bank debits via xxx
paid to owner/landlord
 - Due Diligence Vendor-05/13/2026
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 14.25 Years
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - validated Calculated DTI Of 31.35% Is Less Than The Guideline Maximum Of 45% By Five Percent (5%) Or More
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.02
Comp Factors:
- Ancillary income not used for qualifying
- DTI 5% below max
- Limited credit usage
- Self-employed 5+ years
  Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA Originator Pre-Close Yes xxx
673165     B B B B A A A A Closed FCRE8201 2026-05-14 08:07 2026-05-14 08:07 Waived 2 - Non-Material B B Credit Eligibility Loan does not conform to program guidelines Waived-Qualifying with 100% of rent per the unpublished guidelines and using 85% of rent for departing residence. - Due Diligence Vendor-05/14/2026   Waived-Qualifying with 100% of rent per the unpublished guidelines and using 85% of rent for departing residence. - Due Diligence Vendor-05/14/2026

Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 19.94 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Borrower At Current Residence For Five (5) Or More Years - Validated Borrower At Current Residence For Five (5) Or More Years - 10.50 Years
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.11
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 10.31 Years
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 10.30 Years
Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20.58 Years
Comp Factors:
- Income
  Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA Originator Pre-Close Yes xxx
260428     B B B B A A A A Closed FCRE8201 2026-05-14 12:12 2026-05-14 12:12 Waived 2 - Non-Material B B Credit Eligibility Loan does not conform to program guidelines Waived-Using 85% vacancy factor vs 75% for departing residence. - Due Diligence Vendor-05/14/2026   Waived-Using 85% vacancy factor vs 75% for departing residence. - Due Diligence Vendor-05/14/2026

Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 31.94 Years
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - validated Months Reserves Of 110.82 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months
Borrower At Current Residence For Five (5) Or More Years - validated Borrower At Current Residence For Five (5) Or More Years - 6.50 Years
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - validated Original LTV Of 59.09% Is Below The Guideline Maximum Of 85% By Ten Percent (10%) Or More
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.18
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 31.95 Years
Comp Factors:
- 5+ years of job/Self-Employed
- FICO 20+ points
- LTV 10% below max
- Unpublished guidelines permit 85%.
- Multiple paid as agreed mortgages 0x30
  Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Purchase NA Originator Pre-Close Yes xxx
179994     D A D A A A A A Closed FCRE1157 2026-05-13 01:04 2026-05-14 11:37 Resolved 1 - Information D A Credit Missing Doc - Insurance Hazard Insurance Policy is Missing Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-05/14/2026
Ready for Review-Document Uploaded. 5/14/2026 – Submitted HOI to Canopy for review.  - Buyer-05/14/2026
Open-Missing Hazard Insurance Policy at time of review. Please provide documentation to support required hazard insurance is in place. - Due Diligence Vendor-05/13/2026
  Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-05/14/2026

Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - validated Months Reserves Of 46.72 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months

Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - validated Original LTV Of 42.62% Is Below The Guideline Maximum Of 65% By Ten Percent (10%) Or More

Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - validated Calculated DTI Of 49.65% Is Less Than The Guideline Maximum Of 65% By Five Percent (5%) Or More
  xxx Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors xxx xxx Primary Residence Refinance Cash Out - Other N/A N/A xxx
512663     A A A A A A A A             A A                   ATR/QM: Not Applicable ATR/QM: Not Applicable xxx xxx Investment Purchase NA