Exhibit 99.01
Schedule 2. AMC Exception Grades Report
| Exception Grades |
| Run Date - 6/1/2026 5:29:14 PM |
| SitusAMC Loan ID | Customer Loan ID | Seller Loan ID | Investor Loan Number | Loan Exception ID | Exception ID | Exception Date | Exception Type | Exception Category | Exception Subcategory | 15E Category | Exception | Exception Detail | Exception Information | Compensating Factors | Compensating Factor Information | Applying Party | Follow-up Comments | Cleared Date | Cured Date | Waived Date | Exception Level Grade | DBRS Initial Exception Rating | DBRS Final Exception Rating | Fitch Initial Exception Rating | Fitch Final Exception Rating | Kroll Initial Exception Rating | Kroll Final Exception Rating | Moody's Initial Exception Rating | Moody's Final Exception Rating | S&P Initial Exception Rating | S&P Final Exception Rating | Note Date | Property State | Occupancy | Purpose | Exception Remediation | Overall Initial Loan Grade |
Overall Final Loan Grade |
Credit Initial Loan Grade |
Credit Final Loan Grade |
Compliance Initial Loan Grade |
Compliance Final Loan Grade |
Property Initial Loan Grade |
Property Final Loan Grade |
Originator QM ATR Status | TPR QM ATR Status | Is Curable |
| XXX | 1080841 | XXX | 14062952 | Compliance | Compliance | Federal Compliance | Federal HPML | TIL Higher Priced Mortgage Loan Safe Harbor | TILA HPML appraisal Rule (Dodd-Frank [redacted]): Safe Harbor requirements not satisfied. | Fails safe harbor due to incorrect lender name on appraisal | Reviewer Comment (2019-10-04): Client elects to waive, remains EV-[redacted] |
10/04/2019 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Purchase | C | B | C | B | B | B | B | B | Non QM | Non QM | No | ||||||||||
| XXX | 1080841 | XXX | 14093776 | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | - | The lender listed on the appraisal that the Client is the broker, not the lender. Lender must provide an addendum showing the lender is [redacted]. | Reviewer Comment (2019-10-04): Client elects to waive, remains EV-[redacted] |
10/04/2019 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Purchase | C | B | C | B | B | B | B | B | Non QM | Non QM | No | ||||||||||
| XXX | 1080841 | XXX | 14093920 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - ___ | The VVOE for the borrower's current employment is missing. | Reviewer Comment (2019-10-08): Received and cleared. Seller Comment (2019-10-07): Please see attached. Thank you. |
10/08/2019 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | B | C | B | B | B | B | B | Non QM | Non QM | No | ||||||||||
| XXX | 1080841 | XXX | 14239100 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Most Recent Valuation Inspection Date: ___ Disaster End Date: ___ Disaster Name: ___ Disaster Declaration Date: ___ |
Post Disaster Inspection is required. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [redacted] | Aggregator | Reviewer Comment (2019-10-22): Client has requested to Waive [redacted] exception and stated they will get a PDI after FEMA end date is declared. Client is aware they may need to provide rep and warrant on securitization and answer [redacted] inquiries into method used to achieve comfort with property quality if exception remains as is. Seller Comment (2019-10-14): The loan funded prior to the disaster being declared. A post disaster inspection isn't required in this instance. Please escalate. Thank you. Reviewer Comment (2019-10-14): The appraisal was dated [redacted] and the disaster ended on [redacted] Therefore, a Post Disaster Inspection is required. Seller Comment (2019-10-11): The disaster was declared after the loan funded. Post disaster inspection isn't required. Thank you. |
10/22/2019 | 2 | B | B | B | B | B | XX | Primary | Purchase | C | B | C | B | B | B | B | B | Non QM | Non QM | No | |||||||||||||
| XXX | 2131543 | XXX | 35947113 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: [redacted] | Reviewer Comment (2025-12-09): As per UCDP CU score <[redacted] no secondary valuation is required. Exception Cleared. Buyer Comment (2025-12-05): [redacted] SSR |
12/09/2025 | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Purchase | D | A | A | A | D | A | N/A | No | |||||||||||||||
| XXX | 2129434 | XXX | 35966249 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Letter of explanation for living rent free and living rent free requires a LLPA and UW discretion. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2025-12-19): Waived with compensating factors at clients request. Buyer Comment (2025-12-16): Lender accepts. Please waive with available compensating factors. Reviewer Comment (2025-12-15): Rent free letter is required to be written by the homeowner/non-borrowing spouse. Buyer Comment (2025-12-15): signed loe Reviewer Comment (2025-12-08): Provide the rent free letter from the homeowner. Buyer Comment (2025-12-04): Uw discretion Buyer Comment (2025-12-04): lock |
12/19/2025 | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Purchase | D | B | D | B | A | A | N/A | No | |||||||||||
| XXX | 2129434 | XXX | 35966250 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Missing rent free letter of explanation. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2025-12-19): Waived with compensating factors at clients request. Buyer Comment (2025-12-16): Lender accepts. Please waive with available compensating factors. Reviewer Comment (2025-12-15): Rent free letter is required to be written by the homeowner/non-borrowing spouse. Buyer Comment (2025-12-15): see attached loe |
12/19/2025 | 2 | C | B | C | B | C | B | C | B | D | B | XX | Investment | Purchase | D | B | D | B | A | A | N/A | No | |||||||||||
| XXX | 2132444 | XXX | 35966395 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide UW discretion for borrower living rent free with non spouse. | Reviewer Comment (2026-01-30): Received UW discretion in the file for borrower living rent free with someone other than a spouse. Exception Cleared Buyer Comment (2026-01-28): uw discretion |
01/30/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2132431 | XXX | 35966397 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Missing final closing statement. | Reviewer Comment (2026-01-30): Received final closing statement. Exception cleared. Buyer Comment (2026-01-28): Final SS |
01/30/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2132440 | XXX | 35966402 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Missing final closing statement. | Reviewer Comment (2026-01-30): Final Closing Statement received. Exception cleared. Buyer Comment (2026-01-28): Final SS |
01/30/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2140040 | XXX | 36139370 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least [redacted] business days prior to closing. | Provided closing disclosure dated [redacted] was used at closing. Evidence of the initial CD provided to the borrower at least three business days prior to closing is required. | Reviewer Comment (2026-02-03): [redacted[ received initial CD dated [redacted]. Buyer Comment (2026-02-02): Initial Cd attached |
02/03/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | No Defined Cure | C | B | B | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXX | 2140040 | XXX | 36139373 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender allowed the property to still be under construction and the HOA is short $[redacted] in crime and fidelity coverage. Subject condo association is non-warrantable. | Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted] and [redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-29): Lender exception approval in file |
01/29/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Purchase | C | B | B | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXX | 2140040 | XXX | 36139374 | Compliance | Compliance | Federal Compliance | TRID | TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-01-29): Sufficient Cure Provided At Closing |
01/29/2026 | 1 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Purchase | Final CD evidences Cure | C | B | B | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXX | 2140051 | XXX | 36139376 | Credit | Credit | Credit Documentation | Credit | Credit Report Error: Credit report is missing FICO scores. | - | Missing Credit scores | Reviewer Comment (2026-02-12): Received Credit Report Buyer Comment (2026-02-11): see credit report |
02/12/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2140051 | XXX | 36139377 | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Missing Credit Scores | Reviewer Comment (2026-02-12): Received Credit Report Buyer Comment (2026-02-11): See credit reprot |
02/12/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2140038 | XXX | 36139380 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title coverage is less than the loan amount, Please provide a current copy of the preliminary, commitment, or final title. | Reviewer Comment (2026-02-26): Received Buyer Comment (2026-02-24): attached Reviewer Comment (2026-02-20): Received latest copy of Preliminary Title does not [redacted] loan amount, Exception Remains Buyer Comment (2026-02-18): ATTACHED |
02/26/2026 | 1 | B | A | B | A | B | A | B | A | B | A | XX | Second Home | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2140038 | XXX | 36139381 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender allowed Property owned free and clear ([redacted]) and taxes were not paid on time. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-16): Lender exception approval in file |
02/16/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Second Home | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXX | 2140048 | XXX | 36139392 | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | There is no credit score present in the credit. | Reviewer Comment (2026-02-23): Received Credit report Buyer Comment (2026-02-20): Please see attached credit report. |
02/23/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2140048 | XXX | 36139393 | Credit | Credit | Credit Documentation | Credit | Credit Report Error: Credit report is missing FICO scores. | - | Reviewer Comment (2026-02-23): Received Buyer Comment (2026-02-20): Please see attached Credit Report. |
02/23/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2140041 | XXX | 36139395 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | Reviewer Comment (2026-02-24): Received internal tracking Buyer Comment (2026-02-24): Disclosure tracking already provided see doc [redacted] Reviewer Comment (2026-02-23): Please provide Disclosure tracking Buyer Comment (2026-02-20): Please re-review Disclosure Tracking Details document that was uploaded to shows that it was sent to borrower on [redacted]. |
02/24/2026 | 1 | B | A | B | A | B | A | B | A | B | A | XX | Second Home | Purchase | B | A | A | A | B | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2140047 | XXX | 36139397 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | Appraisal Revision dated [redacted] - Note date is [redacted] - Less than [redacted] business days. | Reviewer Comment (2026-02-26): Lender acknowledges that this will remain an EV[redacted]/grade B and elects to waive Buyer Comment (2026-02-24): Elect to waive and close out grade [redacted] for appraisal delivery of final version. |
02/26/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Refinance - Cash-out - Other | C | B | B | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2140047 | XXX | 36139399 | Compliance | Compliance | State Compliance | Misc. State Level | [redacted] Tangible Net Benefit Disclosure | [redacted] Residential Mortgage Originator and Servicer Licensing Act: Tangible Net Benefit Disclosure not provided to the Borrower. | Reviewer Comment (2026-02-26): Lender acknowledges that this will remain an EV[redacted]/grade B and elects to waive Buyer Comment (2026-02-24): Elect to waive grade [redacted] for [redacted] Net Tangible disclosure |
02/26/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Refinance - Cash-out - Other | C | B | B | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2140047 | XXX | 36139400 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within [redacted] business days of application. Initial Loan Estimate dated [redacted] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. | Reviewer Comment (2026-02-25): [redacted[ Received earliest E-Consent dated [redacted]. Buyer Comment (2026-02-24): E-consent |
02/25/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Cash-out - Other | C | B | B | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2140047 | XXX | 36139403 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender allowed Transfer Appraisal without [redacted] ([redacted]Appraisal desk has reviewed/accepted Appraisal) | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-23): Lender exception approval in file |
02/23/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Refinance - Cash-out - Other | C | B | B | B | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXX | 2140044 | XXX | 36139406 | Compliance | Compliance | Federal Compliance | Missing Disclosure | Notice of Special Flood Hazard Disclosure Not Provided Timely | [redacted] Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. | The file was missing copy of the Notice of Special Flood Hazard Disclosure for all borrowers to be provided within [redacted] days of originator application date. | Reviewer Comment (2026-03-03): Lender acknowledges that this will remain an EV[redacted]/grade B and elects to waive Buyer Comment (2026-02-25): Flood notification Buyer Comment (2026-02-25): The flood notification was signed on [redacted], but I found the [redacted] Insurance application completed and signed by [redacted] on [redacted]. This constitutes notification of the requirement for flood insurance. this invoice meets this requirement. |
03/03/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2140044 | XXX | 36139407 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender waived required tax transcripts for [redacted] [redacted]tax returns | Borrower has been employed in the same industry for more than [redacted] years. Borrower has worked in the same position for more than [redacted] years. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-24): Lender exception approval in file |
02/24/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||
| XXX | 2140044 | XXX | 36139408 | Compliance | Compliance | Federal Compliance | TRID | TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded. Total amount of $[redacted]exceeds tolerance of $[redacted]plus [redacted]% or $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-02-24): Sufficient Cure Provided At Closing |
02/24/2026 | 1 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Purchase | Final CD evidences Cure | B | B | B | B | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXX | 2140049 | XXX | 36139412 | Compliance | Compliance | Federal Compliance | TRID | TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure was provided to the borrower. | Reviewer Comment (2026-02-20): Sufficient Cure Provided At Closing |
02/20/2026 | 1 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXX | 2140046 | XXX | 36139419 | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | Reviewer Comment (2026-03-04): Received Buyer Comment (2026-02-27): Please see attached econsent |
03/04/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Rate/Term | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2140045 | XXX | 36139431 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of ___ is less than Guideline minimum loan amount of ___. | Lender allowed the subject loan amount to not meet the guideline minimum of $[redacted]. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. |
SitusAMC SitusAMC |
Reviewer Comment (2026-02-16): Lender exception approval in file |
02/16/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||
| XXX | 2140050 | XXX | 36139434 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Credit application for [redacted] states she will occupy property as [redacted] Residence, a corrected and signed [redacted]is required showing she will not Occupy | Borrower has owned the subject property for at least [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-02): Lender requests to waive with compensating factors to an EV[redacted]/grade B Buyer Comment (2026-02-25): Lender requests review for downgrade to a [redacted] with comp factors and lender accepts finding |
03/02/2026 | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXX | 2159503 | XXX | 36144605 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Cure nor valid COC provided | Reviewer Comment (2026-03-18): [redacted[ received updated LE and valid changed circumstance. Buyer Comment (2026-03-17): Please see the attached Loan Estimate Buyer Comment (2026-03-16): The FEE increased on the LE [redacted] Reviewer Comment (2026-03-11): [redacted[ received COC dated [redacted] whereas the fee amount increased on CD dated [redacted] for $[redacted]. Kindly provide a valid COC for the fee increased or cure due to borrower. Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing. Buyer Comment (2026-03-10): Please see the attached COC |
03/18/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXX | 2159504 | XXX | 36195734 | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. | [redacted] Fair Plan Policy: Mortgagee + ISAOA is missing | Reviewer Comment (2026-03-25): Email from agent regarding no claims filed Buyer Comment (2026-03-24): Please see the attached email from the agent confirming there has been no claims after or on closing for the subject. Reviewer Comment (2026-03-24): The corrected policy is dated post-close. Provide confirmation from the agent that no claims have been filed since closing. Buyer Comment (2026-03-24): Please see the attached HOI |
03/25/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2144630 | XXX | 36195759 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The Final Closing Statement is not signed / stamped certified. | Reviewer Comment (2026-03-27): Final stamped settlement statement provided Buyer Comment (2026-03-26): see attached |
03/27/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2155481 | XXX | 36253198 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided | Note Addendum - Prepayment provided but there is no Signature on page. Additional conditions may apply after document is received, entered, and reviewed. | Reviewer Comment (2026-01-26): Received executed Note in trailing docs. Buyer Comment (2026-01-22): Executed Note and PPP |
01/26/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | Yes | ||||||||||||||
| XXX | 2155481 | XXX | 36253199 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided | Note Document provided but there is no Signature on page. Additional conditions may apply after document is received, entered, and reviewed. | Reviewer Comment (2026-01-26): Received executed Note in trailing docs. Buyer Comment (2026-01-22): Executed Note and PPP Addendum |
01/26/2026 | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXX | 2155481 | XXX | 36253200 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. Borrower's Experience/Track Record |
Borrower's Experience/Track Record. The borrower has: [redacted] Properties. | SitusAMC SitusAMC,Originator |
Reviewer Comment (2026-01-21): Lender Exception with Compensating Factors. |
01/21/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||
| XXX | 2155481 | XXX | 36253201 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. Borrower's Experience/Track Record |
Borrower's Experience/Track Record. The borrower has: [redacted] Properties. | SitusAMC SitusAMC,Originator |
Reviewer Comment (2026-01-21): Lender Exception with Compensating Factors. |
01/21/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||
| XXX | 2155481 | XXX | 36253202 | Credit | Business Purpose | General | Business Purpose | Personal Guarantor is required per Investor Guidelines | Note not signed, unable to determine if borrowers signed as Individuals or Guarantors. | Reviewer Comment (2026-01-28): Fully executed note provided. Buyer Comment (2026-01-22): Executed Personal Guaranty Attached |
01/28/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXX | 2155481 | XXX | 36253203 | Compliance | Compliance | State Compliance | State Late Charge | Note Error: Note late charge percentage exceeds maximum per state | Note late charge percentage exceeds maximum for [redacted]., maximum late charge percentage allowed is [redacted]%. | Reviewer Comment (2026-02-10): New note provided with [redacted]% late charge. Buyer Comment (2026-02-10): New Note |
02/10/2026 | 1 | A | A | A | A | A | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||||||||||
| XXX | 2139109 | XXX | 36283754 | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | Provide verification the tax liens and judgments were paid at or prior to closing. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2026-02-19): Lender approved exception Post Close with compensating factors. Buyer Comment (2026-02-17): exception |
02/19/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||
| XXX | 2153426 | XXX | 36288123 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | The file was missing a copy of the final title policy. | Reviewer Comment (2026-02-13): FTP provided |
02/13/2026 | 1 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2153426 | XXX | 36288126 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least [redacted] business days prior to closing. | Evidence of earlier receipt not provided | Reviewer Comment (2026-02-11): [redacted[ received [redacted] Initial CD, [redacted] business days prior to the consummation. Buyer Comment (2026-02-11): see attached |
02/11/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Cash-out - Other | No Defined Cure | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXX | 2153426 | XXX | 36288127 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | A gap credit report provided within [redacted] days of closing is missing from file. Debt must match or be lower than payoffs on CD as original amounts on original credit report are higher. | Reviewer Comment (2026-02-13): Received and associated Credit Report - Gap. Exception cleared. Buyer Comment (2026-02-11): see attached |
02/13/2026 | 1 | C | A | C | A | C | A | C | A | D | A | XX | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2153426 | XXX | 36288128 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide the clear title policy. Items #[redacted] and #[redacted] on title require full reconveyance and proof line has been frozen and requested close. | Reviewer Comment (2026-02-13): FTP provided Buyer Comment (2026-02-13): see attached |
02/13/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2153423 | XXX | 36288146 | Compliance | Compliance | Federal Compliance | TRID | TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | [redacted] Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-03-06): Sufficient Cure Provided At Closing |
03/06/2026 | 1 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | A | C | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXX | 2153423 | XXX | 36288148 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | [redacted]/Declarations: F. Are you a co-signer or guarantor on any debt or loan that is not disclosed on this application? reflects Yes. Missing documented and/or does not meet guideline requirements. | - | The [redacted] Declarations, item F. "Are you a co-signer or guarantor on any debt not disclosed on this application?" was marked Yes. However, the file does not include documentation to identify or verify the referenced debt(s). | Reviewer Comment (2026-04-08): Correction provided Buyer Comment (2026-04-08): see attached Reviewer Comment (2026-03-30): The correction page was attached to the already signed final 1003. Provide the signed or initialed page with correction by the borrower or provide the lender attestation on error and also verifying that this was verified with the borrower. Buyer Comment (2026-03-27): see attached - selection marked in error |
04/08/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2153420 | XXX | 36288428 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Reviewer Comment (2026-02-26): COGS provided Buyer Comment (2026-02-26): Attached |
02/26/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2153420 | XXX | 36288429 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | [redacted] $[redacted]. Provide the [redacted]. | Reviewer Comment (2026-03-27): Client email provided accepting verbiage on HOI stating replacement cost with agent email stating EOI does state replacement cost for any covered losses up to the building limit. Requested clearance. Reviewer Comment (2026-02-26): The value is only used if no RCE is provided or estimated cost new. The estimated cost new is $[redacted] on the appraisal x [[redacted]. Shortfall $[redacted]. Provide the RCE. Buyer Comment (2026-02-26): HOI reflects $[redacted] in building coverage. Property value is $[redacted]; not sure where the discrepancy is? Please clear based on this info or let us know. |
03/27/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2153422 | XXX | 36288432 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard insurance shortfall is $[redacted]. Provide the [redacted]. | Reviewer Comment (2026-03-27): Client email provided accepting verbiage on HOI stating replacement cost with agent email stating EOI does state replacement cost for any covered losses up to the building limit. Requested clearance. Reviewer Comment (2026-02-26): The value is only used if no RCE is provided or estimated cost new. The estimated cost new is $[redacted] on the appraisal x [redacted]. Coverage is $[redacted] Shortfall $[redacted]. Provide the RCE. Buyer Comment (2026-02-26): HOI reflects $[redacted] in building coverage. Property value is $[redacted]; not sure where the discrepancy is? Please clear based on this info or let us know. |
03/27/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2153422 | XXX | 36288433 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Reviewer Comment (2026-02-26): COGS provided Buyer Comment (2026-02-26): Attached |
02/26/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2153421 | XXX | 36288435 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Reviewer Comment (2026-02-26): COGS provided Buyer Comment (2026-02-26): Attached |
02/26/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2153421 | XXX | 36288436 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[redacted]. Provide the [redacted]. | Reviewer Comment (2026-03-27): Client email provided accepting verbiage on HOI stating replacement cost with agent email stating EOI does state replacement cost for any covered losses up to the building limit. Requested clearance. Reviewer Comment (2026-02-26): The value is only used if no RCE is provided or estimated cost new. The estimated cost new is $[redacted] on the appraisal x [redacted]. Coverage is $[redacted] Shortfall $[redacted]. Provide the RCE. Buyer Comment (2026-02-26): HOI reflects $[redacted] in building coverage. Property value is $[redacted]; not sure where the discrepancy is? Please clear based on this info or let us know. |
03/27/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2156429 | XXX | 36314856 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | [redacted] party verification of [redacted] not dated within [redacted] days prior to closing. OpenCorp does not have a pull date and CPA letter is > [redacted] days old. | Reviewer Comment (2026-04-17): Received and associated Business Entity Listing for [redacted]. Exception cleared. Buyer Comment (2026-04-15): see attached |
04/17/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2156429 | XXX | 36314857 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | [redacted] party verification of [redacted] not dated within [redacted] days prior to closing. OpenCorp does not have a pull date and CPA letter is > [redacted] days old. | Reviewer Comment (2026-04-17): Received and associated Business Entity Listing for [redacted[. Exception cleared. Buyer Comment (2026-04-15): see attached |
04/17/2026 | 1 | B | A | C | A | B | A | C | A | B | A | XX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXX | 2156429 | XXX | 36314858 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank [redacted]): Based on the loan failing one or more guideline components, the loan is at ATR risk. | [redacted] party verification of [redacted] not dated within [redacted] days prior to closing. OpenCorp does not have a pull date and CPA letter is > [redacted] days old. | Reviewer Comment (2026-04-17): Received and associated Business Entity Listing for [redacted[. Exception cleared. Buyer Comment (2026-04-15): see attached |
04/17/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2159519 | XXX | 36314859 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | < [redacted]months bank statements provided for account #[redacted]. | Reviewer Comment (2026-04-02): New account opened. [redacted] months not required. LOE provided and source of large deposit assets within days also provided. Buyer Comment (2026-04-01): see attached Reviewer Comment (2026-03-30): LOE provided for < [redacted] months as account was just opened. An exception is not required but the source of the large deposit into this account is. Provide the final settlement statement for this deposit for clearance. Buyer Comment (2026-03-27): see attached |
04/02/2026 | 1 | B | A | C | A | B | A | C | A | B | A | XX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | A | C | A | C | B | Non QM | Non QM | No | |||||||||
| XXX | 2159519 | XXX | 36314862 | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | - | Transfer letter not provided for primary appraisal | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-06): Client elects to waive Reviewer Comment (2026-04-06): This loan did not come over as a correspondent loan. In speaking with the escalation team, as this does not appear to be a correspondent loan, we would typically see [redacted] forms from [redacted], which is this release letter and another that indicates it was ordered to AIR requirements. This second document would be required for review unless this is a correspondent loan. If this is a correspondent loan, then an attestation from [redacted] is required confirming this as well as confirming compliance with the [redacted] requirements were met or have the appraisal put in [redacted] name. To note, this is an EV[redacted] condition that can be waived as-is. Reviewer Comment (2026-03-30): Release of appraisal and an appraisal transfer are not the same. A release is the original lender giving permission to share the report, while a transfer is the process of assigning that report to a new lender. Provide the transfer letter. Buyer Comment (2026-03-27): see attached |
04/06/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Purchase | C | B | C | A | C | A | C | B | Non QM | Non QM | No | ||||||||
| XXX | 2159519 | XXX | 36314863 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | - | [redacted] months bank statements provided for account [redacted] | Reviewer Comment (2026-04-02): New account opened. [redacted] months not required. LOE provided and source of large deposit assets within [redacted] days also provided. Buyer Comment (2026-04-01): see attached Reviewer Comment (2026-03-30): LOE provided for < [redacted] months as account was just opened. An exception is not required but the source of the large deposit into this account is. Provide the final settlement statement for this deposit for clearance. Buyer Comment (2026-03-27): see attached |
04/02/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | B | C | A | C | A | C | B | Non QM | Non QM | No | ||||||||||
| XXX | 2159519 | XXX | 36314864 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank [redacted]): Based on the loan failing one or more guideline components, the loan is at ATR risk. | [redacted]months bank statements provided for account [redacted] | Reviewer Comment (2026-04-02): New account opened. [redacted] months not required. LOE provided and source of large deposit assets within [redacted] days also provided. Buyer Comment (2026-04-01): see attached Reviewer Comment (2026-03-30): LOE provided for < [redacted] months as account was just opened. An exception is not required but the source of the large deposit into this account is. Provide the final settlement statement for this deposit for clearance. Buyer Comment (2026-03-27): see attached |
04/02/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | B | C | A | C | A | C | B | Non QM | Non QM | No | ||||||||||
| XXX | 2159519 | XXX | 36314865 | Compliance | Compliance | Federal Compliance | TRID | TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of [redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient Cure Provided At Closing | Reviewer Comment (2026-03-25): Sufficient Cure Provided At Closing |
03/25/2026 | 1 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Purchase | Final CD evidences Cure | C | B | C | A | C | A | C | B | Non QM | Non QM | No | |||||||||
| XXX | 2159519 | XXX | 36314866 | Credit | Credit | Miscellaneous | Credit | Missing Document: Credit Payoff Statement(s) not provided | The full balance of the [redacted] was not paid off. Balance $[redacted] and payoff $[redacted] on Final CD. Adding in the difference with a [redacted]% monthly payment increases the DTI slightly [redacted]. Provide the payoff for the credit debt to support paid in full at closing. | Reviewer Comment (2026-04-03): Received and associated Credit Payoff Statement. Exception Cleared Buyer Comment (2026-04-01): see attached |
04/03/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | B | C | A | C | A | C | B | Non QM | Non QM | No | |||||||||||
| XXX | 2159519 | XXX | 36314867 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Departure Residence: Provide the security deposit [redacted] month rent for use of rental income. | Reviewer Comment (2026-04-03): Received and associated Deposit Receipts, Bank Statements and Official Checks for Rent and Security deposit. Exception Cleared Buyer Comment (2026-04-01): see attached |
04/03/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | B | C | A | C | A | C | B | Non QM | Non QM | No | ||||||||||
| XXX | 2159519 | XXX | 36314868 | Property | Credit | General | Credit | The property type differs between the valuation documents in file. Unable to verify the property type. Ineligible per guidelines. | Secondary appraisal does not have the PUD box checked. | Reviewer Comment (2026-04-08): Updated appraisal provided Buyer Comment (2026-04-07): see attached Reviewer Comment (2026-03-31): The appraisal provided has the same date of signature and report as the incorrect appraisal. Provide the corrected appraisal with updated date as to when the appraiser corrected this. Buyer Comment (2026-03-31): see attached |
04/08/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | B | C | A | C | A | C | B | Non QM | Non QM | No | |||||||||||
| XXX | 2156430 | XXX | 36314886 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Flood insurance coverage amount is insufficient. | Flood Insurance Coverage Amount is insufficient by $[redacted] | Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. |
Documentation Type: [redacted] Disposable Income: $[redacted] Reserves: [redacted] Guideline Requirement: [redacted] |
SitusAMC Aggregator,SitusAMC SitusAMC Aggregator,SitusAMC SitusAMC |
Reviewer Comment (2026-04-13): Client elects to waive with compensating factors. Reviewer Comment (2026-04-13): Received lender exception approval for insufficient flood insurance coverage at closing. Buyer Comment (2026-04-13): Please see the attached exception form for the insufficient flood coverage Reviewer Comment (2026-04-10): The policy's updated coverage did not take effect until [redacted] which is post-close per the receipt for payment for additional covederage. Borrower did not have sufficient coverage at time of closing. Client can elect to waive with verified compensation factors. Buyer Comment (2026-04-10): Please see the attached Flood Insurance - Page [redacted] |
04/13/2026 | 2 | C | B | C | B | C | B | C | B | C | B | XX | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||
| XXX | 2156430 | XXX | 36314887 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[redacted]. Provide the RCE or agent confirmation [redacted]% replacement cost coverage ([redacted]) | Reviewer Comment (2026-04-09): RCE provided along with agent email confirming [redacted]% replacement cost. Buyer Comment (2026-04-09): See the attached email from the Insurance Agent confirming the property is insured at [redacted]% RCE Buyer Comment (2026-04-09): See the attached RCE |
04/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2156430 | XXX | 36314890 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of ___ is less than Guideline minimum loan amount of ___. | Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. |
Documentation Type: [redacted] Disposable Income: $[redacted] Reserves: [redacted] Guideline Requirement: [redacted] |
SitusAMC Aggregator,SitusAMC SitusAMC Aggregator,SitusAMC SitusAMC |
Reviewer Comment (2026-04-09): Client elects to waive with verified compensation factors Buyer Comment (2026-04-09): See the attached exception form |
04/09/2026 | 2 | C | B | C | B | C | B | C | B | C | B | XX | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||
| XXX | 2156430 | XXX | 36314891 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approval provided for loan amount of $[redacted]. | Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. |
Documentation Type: [redacted] Disposable Income: $[redacted] Reserves: [redacted] Guideline Requirement: [redacted] |
SitusAMC Aggregator,SitusAMC SitusAMC Aggregator,SitusAMC SitusAMC |
Reviewer Comment (2026-04-10): Client elects to waive with compensating factors. |
04/10/2026 | 2 | B | B | B | B | B | XX | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| XXX | 2159505 | XXX | 36365533 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-04-23): Received final title policy. Exception cleared. |
04/23/2026 | 1 | A | A | A | A | A | A | A | A | A | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2159505 | XXX | 36365534 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. | Title reflects a mortgage and [redacted] on the title. Evidence these liens are paid and released is required. In addition, the most recent [redacted] month payment history on this mortgage may be required. | Reviewer Comment (2026-04-23): Received final title policy. Exception cleared. Buyer Comment (2026-04-22): Please see the Final Title Policy Buyer Comment (2026-04-22): Please see the attached as the recorded mortgage/reconveyance prior to the other one. The Final Title Policy will follow Reviewer Comment (2026-04-22): Received the satisfied [redacted], however the mortgage that was provided is the subject mortgage. Evidence of the additional mortgage on title has been released/satisfied remains missing. Buyer Comment (2026-04-20): Please see the attached [redacted] termination that was recorded at closing with the recorded mortgage |
04/23/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2159507 | XXX | 36365557 | Compliance | Compliance | Federal Compliance | TRID | TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure provided at closing. | Reviewer Comment (2026-03-31): Sufficient Cure Provided At Closing |
03/31/2026 | 1 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Purchase | Final CD evidences Cure | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXX | 2159507 | XXX | 36365559 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-04-21): Received and associated Mortgage Statement showing tax and Insurance Verification is Escrowed. Exception cleared. Buyer Comment (2026-04-17): The monthly payment we used of $[redacted] was taken from the Credit Supplement that is in file that verified the balance, the next payment due, payment history, etc. They asked for a mortgage statement showing proof of escrows OR proof of monthly taxes/insurance. -They got exactly that, a mortgage statement showing that taxes & insurance were escrowed. We used the higher payment for qualifying, which is conservative. Additional documentation is not required. Reviewer Comment (2026-04-16): Provided Mortgage statement document reflects Monthly Mortgage Payment$[redacted] for REO Property "[redacted][redacted].", however, final 1003 and Credit Report listed Monthly Mortgage Payment as $[redacted]. Please provide supporting document for Monthly Mortgage Payment of $[redacted]. Exception remains Buyer Comment (2026-04-14): mortgage statement attached Reviewer Comment (2026-04-09): Documentation to verify the insurance exspense for the [redacted] property is not located in the file. Buyer Comment (2026-04-07): What is needed to clear this condition |
04/21/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2159509 | XXX | 36365568 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-04-21): Final Title policy received with coverage amount, exception cleared |
04/21/2026 | 1 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Refinance - Rate/Term | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXX | 2159509 | XXX | 36365569 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2026-04-21): Final Title policy received with coverage amount, exception cleared Buyer Comment (2026-04-20): Please see the attached Final Title Policy with the loan amount listed as $[redacted] |
04/21/2026 | 1 | B | A | B | A | B | A | B | A | B | A | XX | Primary | Refinance - Rate/Term | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXX | 2159509 | XXX | 36365570 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient. Coverage shortfall $[redacted]. Provide updated Hazard Insurance Policy with Dwelling Coverage of at least $[redacted] or Replacement Cost Estimator. | Reviewer Comment (2026-04-24): Replacement Cost Estimator received and associated. Exception cleared. Buyer Comment (2026-04-23): Please see the attached RCE. It is only [redacted] months old.[redacted] will request a new RCE report a few months before the renewal date to use when preparing their Home Insurance Renewal offer. This is the controlling document used for the policy with effective dates between [redacted] through [redacted]. |
04/24/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Rate/Term | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2151861 | XXX | 36417970 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $[redacted] exceeds tolerance of [redacted] over legal limit. Insufficient or no cure was provided to the borrower. | No Cure Provided | Reviewer Comment (2026-03-11): [redacted[ received rebuttal comment and as per exception letter in file. Buyer Comment (2026-03-10): The increase in Lender Credit was a result of a pricing adjustment due to a guideline exception of .[redacted]% or an additional $[redacted]. This pricing adjustment was the day before closing. Providing Secondary market locks, last lock reflects this pricing change day prior to closing, that resulted in an increase of the Lender Credit. |
03/11/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXX | 2151861 | XXX | 36417972 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender allowed construction not complete. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-09): Lender exception approval in file |
03/09/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Second Home | Purchase | C | B | B | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXX | 2151858 | XXX | 36417975 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | The [redacted] bank statement is missing in the file for [redacted] this statement was used to calculate the borrower's income. | Reviewer Comment (2026-03-11): Received Bank Statement. Exception Cleared Buyer Comment (2026-03-10): See attached missing account statement from [redacted] |
03/11/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | Exempt from ATR | No | ||||||||||
| XXX | 2151858 | XXX | 36417976 | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided | The [redacted] bank statement is missing in the file for [redacted] this statement was used to calculate the borrower's income. | Reviewer Comment (2026-03-11): Received Bank Statement. Exception Cleared Buyer Comment (2026-03-10): See attached missing account statement from [redacted] Federal CU |
03/11/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | Exempt from ATR | No | |||||||||||
| XXX | 2151858 | XXX | 36417977 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender allowed the Credit Event Time Frame less than [redacted] years - Borrower had Modification [redacted] | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-09): Lender exception approval in file |
03/09/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | Exempt from ATR | No | |||||||||
| XXX | 2151862 | XXX | 36417982 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | All Documents were signed [redacted] | Reviewer Comment (2026-03-11): Received PCCD Buyer Comment (2026-03-10): See attached PCCD with updated disbursement date. |
03/11/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXX | 2151862 | XXX | 36417983 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The loan was approved as a [redacted] Loan however, the 1008 in the file shows the loan as a "[redacted]" Please provide a corrected 1008 to match the approval and rate lock. | Reviewer Comment (2026-03-11): Received Buyer Comment (2026-03-10): See attached corrected 1008 |
03/11/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2151871 | XXX | 36417985 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Document provided has last amount paid however does not have next amount due. | Reviewer Comment (2026-03-24): Used [redacted]% of purchase price Buyer Comment (2026-03-22): There is a tax bill and a property tax calculator ([redacted] . We are using [redacted]% of the purchase price to qualify the borrower due to it being the most conservative tax calculation from the three options (tax bill, SmartAsset, and [redacted]% of PP). Reviewer Comment (2026-03-16): Received internet explanation of how property taxes work - Please review Doc [redacted], Tax Record information sheet Cert signed by Title Company - It shows Last amount paid $[redacted] - it does not state if the Frequency is Annual, or Semi-Annual or Quarterly or Tri-Annual nor does it state when next is due - Please provide Frequency and amount next due Buyer Comment (2026-03-12): ATTACHED |
03/24/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2151866 | XXX | 36417990 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Acreage at [redacted] maximum of [redacted] | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-10): Lender exception approval in file |
03/10/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXX | 2151866 | XXX | 36417991 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Appraisal snot ordered thru [redacted] vs. guideline appraisal to be ordered thru [redacted] | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-10): Lender exception approval in file |
03/10/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXX | 2151866 | XXX | 36417992 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-10): Lender exception approval in file |
03/10/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXX | 2151859 | XXX | 36418003 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | The borrower is short reserves as the proof of transfer for the $[redacted] in gift funds wasn't provided. | Reviewer Comment (2026-03-18): Final CD reflects Gift Funds. Considered usability as [redacted]%. Exception Cleared Buyer Comment (2026-03-17): Final CD on subject property, from same title company used for gift givers refi - Final CD signed at closing shows same gift amount and source. Buyer Comment (2026-03-17): This gift came from another transaction, handled by the same title company in [redacted]. The settlement statement is from a refi from the 'gift giver' refinancing a property. Please review page [redacted] of the settlement statement, "Gift funds to.." $[redacted]. Same title company then applied this to this loan. You can see this gift from internal title company transfer on the final CD signed at closing for the same amount shown as a gift. |
03/18/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2151859 | XXX | 36418004 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan is failing ATR as they are short reserves without proof of transfer of the $[redacted] in gift funds. | Reviewer Comment (2026-03-18): Received evidence of Gift funds Buyer Comment (2026-03-18): Final CD on subject property, from same title company used for gift givers refi - Final CD signed at closing shows same gift amount and source. Buyer Comment (2026-03-18): This gift came from another transaction, handled by the same title company in [redacted]. The settlement statement is from a refi from the 'gift giver' refinancing a property. Please review page [redacted] of the settlement statement, "Gift funds to.." $[redacted]. Same title company then applied this to this loan. You can see this gift from internal title company transfer on the final CD signed at closing for the same amount shown as a gift. |
03/18/2026 | 1 | B | A | C | A | B | A | C | A | B | A | XX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXX | 2151859 | XXX | 36418005 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank [redacted]): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan is failing ATR as they are short reserves without proof of transfer of the $[redacted] in gift funds. | Reviewer Comment (2026-03-18): Received evidence of Gift funds Buyer Comment (2026-03-18): Final CD on subject property, from same title company used for gift givers refi - Final CD signed at closing shows same gift amount and source. Buyer Comment (2026-03-18): This gift came from another transaction, handled by the same title company in [redacted]. The settlement statement is from a refi from the 'gift giver' refinancing a property. Please review page [redacted] of the settlement statement, "Gift funds to.." $[redacted]. Same title company then applied this to this loan. You can see this gift from internal title company transfer on the final CD signed at closing for the same amount shown as a gift. |
03/18/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2151859 | XXX | 36418006 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | The borrower is short reserves as the proof of transfer for the $[redacted] in gift funds wasn't provided. | Reviewer Comment (2026-03-18): Received evidence of receipt of Gift Buyer Comment (2026-03-18): Final CD on subject property, from same title company used for gift givers refi - Final CD signed at closing shows same gift amount and source. Buyer Comment (2026-03-18): This gift came from another transaction, handled by the same title company in [redacted]. The settlement statement is from a refi from the 'gift giver' refinancing a property. Please review page [redacted] of the settlement statement, "Gift funds to.." $[redacted]. Same title company then applied this to this loan. You can see this gift from internal title company transfer on the final CD signed at closing for the same amount shown as a gift. |
03/18/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2151860 | XXX | 36418018 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of ___ is less than Guideline minimum loan amount of ___. | Lender allowed the subject loan amount that is less than the guideline requirement. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC |
Reviewer Comment (2026-02-27): Lender exception approval in file |
02/27/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||
| XXX | 2151856 | XXX | 36418021 | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. | As per Note, the property address is [redacted]. However, on flood certificate the address is [redacted]. | Reviewer Comment (2026-03-12): Flood insurance for HOA covers Flood Cert and all [redacted]Units Buyer Comment (2026-03-12): There was an address affidavit done at closing, if this is unacceptable, then downgrade to a [redacted], and the lender accepts finding |
03/12/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXX | 2151856 | XXX | 36418022 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Subject transaction does not meet the DSCR requirement for the short-term rental and non-warrantable condo transaction. Lender guidelines require a [redacted]% haircut to condotel short-term rental income. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC |
Reviewer Comment (2026-03-12): Lender requests to waive with compensating factors to an EV[redacted]/grade B Buyer Comment (2026-03-12): Please downgrade to a [redacted]with comp factors, lender accepts finding |
03/12/2026 | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| XXX | 2151856 | XXX | 36418023 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception in file for the subject property being a condotel and not meeting the lender's extended requirements for the property type. Property is not held by a nationally recognized hotel brand and association has no reserve allocation. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC |
Reviewer Comment (2026-03-05): Lender exception approval in file |
03/05/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXX | 2144113 | XXX | 36480843 | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided | Verification of Non-US Citizen Status is missing | Reviewer Comment (2025-09-23): Corrected 1003 Buyer Comment (2025-09-19): signed 1003 Buyer Comment (2025-09-19): certificate Buyer Comment (2025-09-19): US passport |
09/23/2025 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2131453 | XXX | 36480850 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Articles Of Formation missing for [redacted] | Reviewer Comment (2025-10-21): Received Buyer Comment (2025-10-17): Please find Articles attached. Thank you. |
10/21/2025 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2139108 | XXX | 36480854 | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of ___ is less than Guideline representative FICO score of ___. | Exception request For Allow FICO of [redacted] vs Program minimum FICO of [redacted] with DSCR [redacted] minimum on Purchase Transaction | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. | Reserves: [redacted] Guideline Requirement: [redacted] |
SitusAMC | Reviewer Comment (2025-11-14): Waived with compensating factors per lender exception approval at origination. |
11/14/2025 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||
| XXX | 2142315 | XXX | 36480858 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of ___ is less than Cash From Borrower ___. | Additional Funds required to meet closing requirements | Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. |
Loan to Value: [redacted]% Guideline Maximum Loan to Value: [redacted]% |
SitusAMC SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-03-06): Waived with compensating factors per lender approved exception. Reviewer Comment (2026-03-06): EXCEPTION HISTORY - Exception Explanation was updated on [redacted]PRIOR Exception Explanation: Documented qualifying Assets for Closing of $[redacted]is less than Cash From Borrower $[redacted]. Buyer Comment (2026-03-04): Loe from attorney and closing agent Buyer Comment (2026-03-04): copy of check Buyer Comment (2026-03-04): exception Reviewer Comment (2026-03-03): No new document received. Provide statement of account, evidencing clearance of check [redacted]to the title. Exception remains. Buyer Comment (2026-02-27): The $[redacted]check was cashed by title . Reviewer Comment (2026-02-26): Please provide further explanation for the uncashed check. Buyer Comment (2026-02-24): check $[redacted] Buyer Comment (2026-02-24): response to findings Buyer Comment (2026-02-24): exception Reviewer Comment (2026-01-23): Appraisal invoice of $[redacted]updated. Qualifying Assets for Closing $[redacted]and required assets $[redacted]. Exception remains Buyer Comment (2026-01-21): [redacted]appraisal invoice paid by CC |
03/06/2026 | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||
| XXX | 2144099 | XXX | 36480861 | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | Reviewer Comment (2026-03-02): Provided hazard insurance policy which was in effect at the time of closing. Exception cleared. Buyer Comment (2026-02-26): HOI Reviewer Comment (2026-01-05): Provided HOI policy is for windstorm and hail only. Require Hazard Insurance Policy for dwelling. Exception remains. Buyer Comment (2025-12-31): [redacted]-Please see attached |
03/02/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXX | 2144099 | XXX | 36480863 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided | Please provide fully executed Note. | Reviewer Comment (2026-01-05): Received Note. Exception Cleared. Buyer Comment (2025-12-31): [redacted]-Note |
01/05/2026 | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2139106 | XXX | 36480866 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Reviewer Comment (2026-01-07): Certificate of Good Standing (not required for LLCs formed within last [redacted]months). Exception cleared. Buyer Comment (2026-01-03): [redacted]-Please see attached referenced guidelines Buyer Comment (2026-01-03): Please see attached |
01/07/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2142319 | XXX | 36480869 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Known Defect : Rent history for last [redacted] months can't be documented due to paying rent in cash. Private VOR was obtained in lien of [redacted] months documented timely rent payments. Condition of approval : we will require a proper final full tri-merged credit report. the credit report received for the exception was an " instant Merge Prequal report ". |
Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. | Reserves: [redacted] Guideline Requirement: [redacted] |
SitusAMC | Reviewer Comment (2026-01-02): Waived with compensating factors per lender exception approval at origination. |
01/02/2026 | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| XXX | 2142319 | XXX | 36480870 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Provide a dated Certificate of Good Standing. | Reviewer Comment (2026-01-16): Cleared with COGS and processor cert. Buyer Comment (2026-01-14): See attached Buyer Comment (2026-01-14): signed copy attached Reviewer Comment (2026-01-14): Provided business entity listing is not signed. Exception Remains. Buyer Comment (2026-01-12): See attached |
01/16/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXX | 2142319 | XXX | 36480871 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | The Note reflects [redacted] for the city and the HOI reflects [redacted]. | Reviewer Comment (2026-01-16): Received Hazard Insurance. Exception Cleared. Buyer Comment (2026-01-14): HOI attached Reviewer Comment (2026-01-14): Provided HOI reflects address [redacted]. Please provide hazard insurance with note property address. Exception Remains. Buyer Comment (2026-01-12): City of [redacted] has been added to description of Property section of the Insurance Binder, see attached. |
01/16/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXX | 2142319 | XXX | 36480872 | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. | The Note reflects [redacted] for the city and the Flood Certificate reflects [redacted]. | Reviewer Comment (2026-01-14): Received Flood Certificate. Exception Cleared. Buyer Comment (2026-01-12): See attached |
01/14/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXX | 2142319 | XXX | 36480873 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | The Note reflects [redacted] for the city and the appraisals both reflect [redacted]. | Reviewer Comment (2026-01-14): Received Correct Appraisal and CDA. Exception Cleared Buyer Comment (2026-01-12): Corrected Appraisal and CDA attached |
01/14/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXX | 2142380 | XXX | 36480876 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | UW discretion required for borrower living rent free with someone other than a spouse. | Reviewer Comment (2026-01-14): Provided 1008 with underwriter discretion for occupancy. Exception cleared. Buyer Comment (2026-01-12): uw discretion |
01/14/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144110 | XXX | 36480881 | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | Provide OFAC for the borrowing entity. | Reviewer Comment (2026-02-17): Received OFAC for the borrowing entity. Exception Cleared. Buyer Comment (2026-02-13): See attached |
02/17/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142359 | XXX | 36480883 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary title policy amount is blank. | Reviewer Comment (2026-02-23): Received Final title policy with correct loan amount. Exception cleared. Buyer Comment (2026-02-19): Title policy. Thank you. |
02/23/2026 | 1 | B | A | B | A | B | A | B | A | B | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142359 | XXX | 36480884 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-02-23): Received Final title policy with correct loan amount. Exception cleared. |
02/23/2026 | 1 | A | A | A | A | A | A | A | A | A | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2142359 | XXX | 36480885 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different. | Reviewer Comment (2026-02-17): Received Non-Owner occupancy certificate with address. Exception Cleared. Buyer Comment (2026-02-13): See form attached with section [redacted]completed. |
02/17/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142359 | XXX | 36480886 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Estimated statement provided. File is missing signed and dated HUD/CD. | Reviewer Comment (2026-03-06): Executed Final Closing Statement received and verified the details. Exception Cleared. Buyer Comment (2026-03-04): Final [redacted] attached. Thank you. |
03/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142390 | XXX | 36480889 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide evidence of spouse's mortgage or current lease. If owned free and clear a property profile is acceptable. | Reviewer Comment (2026-02-19): Received signed note for primary residence as evidence of spouse's mortgage. Exception cleared. Buyer Comment (2026-02-17): note |
02/19/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142373 | XXX | 36480892 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Final 1003 reflects borrower owns primary residence but LOX from spouse provided stating borrower lives rent free. Provide property profile report to verify ownership. | Reviewer Comment (2026-02-23): Proeprty profile shows the borrower as a primary owner of the primary residence. Reviewer Comment (2026-02-23): Property profile reflects borrower as primary owner since [redacted]. Exception Remains. Buyer Comment (2026-02-19): Property profile |
02/23/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144103 | XXX | 36480896 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided | File is missing deed signed at closing transferring ownership to our borrower. | Reviewer Comment (2026-02-27): Executed warranty deed received transferring ownership to our borrower. Exception Cleared. Buyer Comment (2026-02-25): Signed Deed. |
02/27/2026 | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142396 | XXX | 36480899 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide evidence of UW discretion for borrower living rent free with other than a spouse. | Reviewer Comment (2026-02-27): Received 1008 UW Discretion. Exception Cleared. Buyer Comment (2026-02-25): UW discretion |
02/27/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144093 | XXX | 36480900 | Credit | Asset | Asset Documentation | Asset | Missing Document: Asset Documentation not provided | Missing Asset Document to cover sufficient reserves. | Reviewer Comment (2026-02-27): Bank statement received and now funds are sufficient to meet requirement. Exception Cleared. Buyer Comment (2026-02-25): Per matrix, no reserves are required. |
02/27/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144093 | XXX | 36480901 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Due to insufficient asset documentation. Required Asset Document to cover sufficient reserves. | Reviewer Comment (2026-02-27): Bank statement received and now funds are sufficient to meet cash from borrower requirement. Exception Cleared. Buyer Comment (2026-02-25): corp docs Buyer Comment (2026-02-25): Bank statement |
02/27/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144093 | XXX | 36480903 | Credit | Asset | Asset Documentation | Asset | Asset documentation is missing from the file and required per guidelines. | - | Asset documentation is missing in the Loan file and exception raised for the same. | Reviewer Comment (2026-02-27): Bank statement received and now funds are sufficient to meet requirement. Exception Cleared. Buyer Comment (2026-02-25): see attached docs |
02/27/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXX | 2144094 | XXX | 36480905 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Provide evidence of signing authority for the Guarantor. Document is required to be signed by all entity owners. | Reviewer Comment (2026-02-27): Received Borrowing Certificate in the file. Exception Cleared. Buyer Comment (2026-02-25): Borrower cert |
02/27/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142370 | XXX | 36480907 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Co-borrower is currently living rent free with someone other than a spouse. This does not meet the guidelines. File is missing underwriter discretion documentation allowing for credit exception. | Reviewer Comment (2026-03-02): Updated 1008 received with underwriter discretion for Borrower is living rent free along with rent free letter. Exception Cleared. Buyer Comment (2026-02-26): UW discretion |
03/02/2026 | 1 | C | A | C | A | C | A | C | A | D | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142370 | XXX | 36480908 | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | All liens must be paid in full at or prior to closing | Reviewer Comment (2026-03-02): Satisfaction of judgment letter received and verified the details. Exception Cleared. Buyer Comment (2026-02-26): judgement letter |
03/02/2026 | 1 | B | A | B | A | B | A | B | A | B | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||
| XXX | 2142370 | XXX | 36480909 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | DSCR [redacted] due to missing [redacted] verification of rent. Security deposit not cleared on bank statement. | Reviewer Comment (2026-03-04): Updated document provided showing security deposit as cleared and DSCR is calculated correctly considering higher rent. Exception Cleared. Buyer Comment (2026-03-02): security deposit cleared Reviewer Comment (2026-03-02): As per fraud report co-borrower owns the property hence this is not first-time investor case. Secondly as per approval DSCR is >[redacted]however to calculate the same, we need bank statement showing security deposit to be cleared. Now it is reflecting as processing under Doc ID [redacted]under account #[redacted]. Please provide updated bank statement showing security deposit as cleared post that FICO will be updated using matrix for DSCR >[redacted]. Exception remains. |
03/04/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142370 | XXX | 36480910 | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Minimum FICO [redacted] for first time investors. | Reviewer Comment (2026-03-04): As per fraud report co-borrower owns the property hence this is not first-time investor case. DSCR is >[redacted] and as per matrix minimum FICO requirement is [redacted]. Exception Cleared. Buyer Comment (2026-03-02): see attached evidence security deposit cleared Reviewer Comment (2026-03-02): As per fraud report co-borrower owns the property hence this is not first-time investor case. Secondly as per approval DSCR is >[redacted]however to calculate the same, we need bank statement showing security deposit to be cleared. Now it is reflecting as processing under Doc ID [redacted]under account #[redacted]. Please provide updated bank statement showing security deposit as cleared post that FICO will be updated using matrix for DSCR >[redacted]. Exception remains. Buyer Comment (2026-02-26): Per fraud report, Co-Borrower is experienced investor. He has owned multiple investment properties. |
03/04/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142350 | XXX | 36480912 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | Borrower current address is not provided in Certification of Non-Owner occupancy column [redacted]. | Reviewer Comment (2026-03-04): Received Occupancy Certificate with borrower address. Exception Cleared. Buyer Comment (2026-03-02): Non-Owner |
03/04/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142350 | XXX | 36480914 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Unable to verify [redacted] [redacted]' mortgage history for the subject property. Please provide payment history or verification of mortgage from [redacted]. | Reviewer Comment (2026-03-05): Prior Note and evidence of extensions in file verifying it is a Balloon Note and no monthly payments were required. Reviewer Comment (2026-03-04): Please provide payment history or verification of mortgage to verify [redacted]month's mortgage history. Exception remains. Buyer Comment (2026-03-02): Balloon note |
03/05/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142350 | XXX | 36480915 | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | Provide OFAC for the borrowing entity. | Reviewer Comment (2026-03-04): Received OFAC for the borrowing entity. Exception Cleared. Buyer Comment (2026-03-02): ofac |
03/04/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142329 | XXX | 36480917 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide the final Closing Statement fully executed by the all parties or stamped true and certified. Copy provided is not signed by all parties. | Reviewer Comment (2026-03-09): Received final closing statement signed by all parties. Exception cleared. Buyer Comment (2026-03-05): See attached. Thank you. |
03/09/2026 | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142329 | XXX | 36480918 | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Borrower is a first time investor which requires a [redacted] FICO score. | Reviewer Comment (2026-03-06): As per matrix attached [redacted]score is acceptable for DSCR < [redacted]%. Exception Cleared. Buyer Comment (2026-03-04): Please see matrix attached [redacted]score is acceptable w/a dscr ratio of .[redacted]% & a ltv of [redacted]%. Thank you. |
03/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144086 | XXX | 36480920 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide the final Closing Statement fully executed by the all parties or stamped true and certified. Copy provided is an estimated closing statement. | Reviewer Comment (2026-03-13): CS Buyer Comment (2026-03-13): Please see attached corrected name on HUD. Thank you. Reviewer Comment (2026-03-06): Final Closing Statement received however borrower name is reflecting as [redacted]instead of business entity [redacted]. Exception remains. Buyer Comment (2026-03-04): Please see [redacted]attached. Thank you. |
03/13/2026 | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142340 | XXX | 36480923 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient. Provide coverage that at minimum covers the loan amount or verify the coverage contains [redacted] replacement cost or provide [redacted]. | Reviewer Comment (2026-03-06): RCE proivded. Buyer Comment (2026-03-04): RCE Buyer Comment (2026-03-04): [redacted]% replacement cost |
03/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142363 | XXX | 36480933 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | Reviewer Comment (2026-03-04): Received Occupancy Certificate. Exception Cleared. Buyer Comment (2026-03-02): Non-owner |
03/04/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2142397 | XXX | 36480935 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated HUD-1/Settlement Statement. | Reviewer Comment (2026-03-03): Received Final Closing Statement in the file. Exception Cleared. Buyer Comment (2026-02-27): Final SS |
03/03/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142397 | XXX | 36480936 | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided | Reviewer Comment (2026-03-12): Corrected 1003 provided showing borrower as a US citizen. Exception cleared. Buyer Comment (2026-03-10): certificate Buyer Comment (2026-03-10): revised 1003 Reviewer Comment (2026-03-06): Permanent resident card is required per guidelines. Buyer Comment (2026-03-04): Naturalization papers |
03/12/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2142397 | XXX | 36480937 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | File is missing [redacted][redacted] housing history for primary residence. VOM in file not in the borrowers name. | Reviewer Comment (2026-03-03): Received updated property history report with the status of mortgage on page #[redacted]showing released. Exception Cleared Buyer Comment (2026-02-27): property profile |
03/03/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142345 | XXX | 36480939 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Missing UW discretion for borrower living rent free. | Reviewer Comment (2026-03-03): Updated 1008 received with underwriter discretion for Borrower is living rent free along with rent free letter. Exception Cleared. Buyer Comment (2026-02-27): UW discretion |
03/03/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142367 | XXX | 36480942 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The Notary's commission expiration date is missing from the Security Instrument. | Reviewer Comment (2026-03-06): Received Notary's commission expiration date. Exception cleared. Buyer Comment (2026-03-04): dot |
03/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142367 | XXX | 36480943 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide the final Closing Statement fully executed by the all parties or stamped true and certified. Copy provided is not signed by all parties. | Reviewer Comment (2026-03-03): Final closing statement signed by all the parties is provided with the initial package. Exception cleared. Buyer Comment (2026-02-27): [redacted]is signed by all parties |
03/03/2026 | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142385 | XXX | 36480945 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The Notary's commission expiration date is missing from the Security Instrument. | Reviewer Comment (2026-03-03): Received security instrument with Notary's commission expiration date. Exception cleared. Buyer Comment (2026-02-27): DOT |
03/03/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142385 | XXX | 36480946 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide the final Closing Statement fully executed by the all parties or stamped true and certified. Copy provided is not signed by all parties. | Reviewer Comment (2026-03-09): Received Closing statement. Exception Cleared. Buyer Comment (2026-03-05): Final SS |
03/09/2026 | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142357 | XXX | 36480948 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Rent-free letter was in the file; however, UW Discretion is required for borrower living rent-free with someone other than spouse. | Reviewer Comment (2026-03-04): Received UW discretion in the file for borrower living rent free with someone. Exception Cleared. Buyer Comment (2026-03-02): UW discretion |
03/04/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142401 | XXX | 36480950 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Missing evidence of Notary expiration date on Security Instrument. | Reviewer Comment (2026-03-06): Provided security instrument with Notary expiration date. Exception cleared. Buyer Comment (2026-03-04): [redacted] |
03/06/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142401 | XXX | 36480951 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide the final Closing Statement fully executed by the all parties or stamped true and certified. Copy provided is not signed by all parties. | Reviewer Comment (2026-03-04): Received Closing statement. Exception Cleared. Buyer Comment (2026-03-02): Final SS |
03/04/2026 | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142398 | XXX | 36480953 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | File is missing appraisal invoice for [redacted] | Reviewer Comment (2026-03-10): Received updated closing statement with the POCB $[redacted]for appraisal fee, and for same appraisal fee invoice available in the file. Exception Cleared. Buyer Comment (2026-03-06): revised final SS |
03/10/2026 | 1 | C | A | C | A | C | A | C | A | D | A | XX | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142398 | XXX | 36480954 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Provide the Operating Agreements from [redacted] and [redacted] in order to confirm ownership percentages. | Reviewer Comment (2026-03-04): Bylaw for [redacted] and [redacted] is already available at initial review to verify ownership %. Exception Cleared. Buyer Comment (2026-03-02): By-Laws [redacted]& [redacted] |
03/04/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142320 | XXX | 36480956 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower is currently living rent free with someone other than a spouse. This does not meet guidelines. File is missing underwriter discretion documentation allowing for guideline exception. | Reviewer Comment (2026-03-09): Received 1008 with underwriter's comment. Exception Cleared. Buyer Comment (2026-03-05): See underwriters 1008 with rent free comments. |
03/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142320 | XXX | 36480957 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide the final Closing Statement fully executed by the all parties or stamped true and certified. Copy provided is not signed by all parties. | Reviewer Comment (2026-03-09): Received Closing statement signed by all the parties. Exception Cleared. Buyer Comment (2026-03-05): [redacted] attached |
03/09/2026 | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142333 | XXX | 36480959 | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | Tax liens are required to be paid at or prior to closing. | Reviewer Comment (2026-03-04): Received lien search report per which lien is paid in full on [redacted]. Exception cleared. Buyer Comment (2026-03-02): judgement paid Buyer Comment (2026-03-02): BLK [redacted]pg [redacted]cancellation |
03/04/2026 | 1 | B | A | B | A | B | A | B | A | B | A | XX | Investment | Refinance - Rate/Term | B | A | B | A | A | A | N/A | No | |||||||||||||
| XXX | 2142371 | XXX | 36480961 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | The Non-Owner Occupancy Declaration is incomplete as Section [redacted] is missing the principal residence address. | Reviewer Comment (2026-03-04): The Certificate of Non-Owner Occupied received showing the borrower(s) at different address than the subject. Exception Cleared. Buyer Comment (2026-03-02): Non-Owner |
03/04/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142353 | XXX | 36480967 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | The Non-Owner Occupancy Declaration is incomplete as Section [redacted] is missing the principal residence address. | Reviewer Comment (2026-03-04): Provided Non-Owner Occupancy Declaration with primary residence address. Exception cleared. Buyer Comment (2026-03-02): Non-Owner |
03/04/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142353 | XXX | 36480968 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide UW discretion for borrower living rent free. | Reviewer Comment (2026-03-04): Provided 1008 form with underwriter discretion for occupancy. Exception cleared. Buyer Comment (2026-03-02): UW discretion |
03/04/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142344 | XXX | 36480974 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated provided | Reviewer Comment (2026-03-04): Received Final Closing Statement in the file. Exception Cleared. Buyer Comment (2026-03-02): Final SS |
03/04/2026 | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142344 | XXX | 36480975 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide evidence of UW discretion for borrower living rent free with other than a spouse. | Reviewer Comment (2026-03-04): Received UW discretion in the file for borrower living rent free with someone. Exception Cleared. Buyer Comment (2026-03-02): UW discretion |
03/04/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142362 | XXX | 36480977 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide a [redacted] month pay history for the subject property. | Reviewer Comment (2026-03-05): Received Verification of Mortgage for the subject property in the file. Exception Cleared. Buyer Comment (2026-03-03): VOM |
03/05/2026 | 1 | C | A | C | A | C | A | C | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144088 | XXX | 36480978 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | HUD/CD missing in Loan File. | Reviewer Comment (2026-03-13): Received Final Closing statement. Exception Cleared. Buyer Comment (2026-03-11): Final SS Reviewer Comment (2026-03-10): Received Seller Closing statement. Please provide final closing statement fully executed by the all parties or stamped true and certified. Exception Remains. Buyer Comment (2026-03-06): Final SS Reviewer Comment (2026-03-05): Provided closing statement is not legible. Please provide legible executed copy. Exception remains. Buyer Comment (2026-03-03): final SS |
03/13/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142400 | XXX | 36480981 | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Credit Report is missing in Loan file. Cannot Identify Borrower's Credit Score. | Reviewer Comment (2026-03-05): Received Credit Report. FICO requirement met. Exception cleared. Buyer Comment (2026-03-03): credit report |
03/05/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142400 | XXX | 36480982 | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | Missing Credit Report in the Loan File. | Reviewer Comment (2026-03-05): Received Credit Report. Exception cleared. Buyer Comment (2026-03-03): see attached credit report |
03/05/2026 | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144109 | XXX | 36480987 | Credit | Guideline | Guideline Issue | Guideline | Aged document: Asset Account date is more than [redacted] days prior to Closing. | - | Provided Incorrect Notary Date [redacted] on Security Instrument, please provide corrected notary Date on Security Instrument. | Reviewer Comment (2026-03-26): Security Instrument received with correct notary date on it. Exception Cleared. Buyer Comment (2026-03-24): Please see attached. Thank you. |
03/26/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXX | 2144109 | XXX | 36480988 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Rent-free letter was in the file; however, UW Discretion is required for borrower living rent-free with someone other than spouse. | Reviewer Comment (2026-03-26): Updated 1008 received with underwriter discretion for Borrower is living rent free along with rent free letter. Exception Cleared. Buyer Comment (2026-03-24): Please see final 1008 with rent free commentary. |
03/26/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144109 | XXX | 36480989 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | Certificate of Non-Owner Occupied disclosure does not show the borrower's principle address. | Reviewer Comment (2026-03-26): The Certificate of Non-Owner Occupied received showing the borrower(s) at different address than the subject. Exception Cleared. Buyer Comment (2026-03-24): Section [redacted]completed. Thank you. |
03/26/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142375 | XXX | 36480992 | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | Provide date that the judgment with [redacted] was released. Document provided is not dated. | Reviewer Comment (2026-03-10): Received HUD verifying judgment payoff. Exception cleared. Buyer Comment (2026-03-06): Please see [redacted] attached reflecting payoff of judgement. Thank you. |
03/10/2026 | 1 | B | A | B | A | B | A | B | A | B | A | XX | Investment | Refinance - Cash-out - Other | B | A | B | A | A | A | N/A | No | |||||||||||||
| XXX | 2142324 | XXX | 36480995 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide a property history report to evidence the primary residence is owned free and clear with taxes paid current. | Reviewer Comment (2026-03-09): Property history report received for primary residence showing property is free and clear. Exception Cleared. Buyer Comment (2026-03-05): Please see property profile reflecting free & clear & taxes current. Thank you. |
03/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142331 | XXX | 36480997 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide a full [redacted] pay history for the primary residence meeting guidelines. The print out provided only covers [redacted] and [redacted] is required along with [redacted] of bank statements/Cancelled checks front and back to verify timely payments. Or provide a fully completed VOM from the lender. | Reviewer Comment (2026-03-09): Mortgage statements for remaining payments. Buyer Comment (2026-03-09): [redacted]& [redacted]reports the mtg history for [redacted] Reviewer Comment (2026-03-09): Credit report covers payment history till [redacted]. Require [redacted]payment receipt to verify it was timely paid. Exception remains. Buyer Comment (2026-03-05): [redacted]credit reports the mtg |
03/09/2026 | 1 | C | A | C | A | C | A | C | A | D | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142331 | XXX | 36480998 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide stock certificates to evidence ownership percentages of the borrowing entity. | Reviewer Comment (2026-03-09): Received share certificate along with minutes of the director's meeting. Exception cleared. Buyer Comment (2026-03-05): Stock certificate |
03/09/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142391 | XXX | 36481001 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated HUD-1/Settlement Statement. | Reviewer Comment (2026-03-10): Received Final Closing Statement in the file. Exception Cleared. Buyer Comment (2026-03-06): Final |
03/10/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144062 | XXX | 36481017 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Provide a fully executed sales contract. | Reviewer Comment (2026-03-16): Received purchase contract with property address, lot number and purchase price. Exception cleared. Buyer Comment (2026-03-12): Purchase price is listed on the job initiation order Reviewer Comment (2026-03-12): Purchase price, property lot description is not specified in provided purchase contract. Please provide complete purchase contract. Exception remains. Buyer Comment (2026-03-10): purchase contract |
03/16/2026 | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144062 | XXX | 36481018 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Provide a Certificate of Good Standing dated within [redacted] days of the Note date. | Reviewer Comment (2026-03-12): Received Certificate of Good Standing in the file. Exception Cleared. Buyer Comment (2026-03-10): cogs |
03/12/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144081 | XXX | 36481021 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide evidence of UW discretion and evidence of the LLPA for borrower living rent free with other than a spouse. | Reviewer Comment (2026-03-23): Deed verifying ownership. Buyer Comment (2026-03-23): The property history report misspelled the property owner. Per recorder website the deed reports [redacted] (see attached screen shot of the deed). Borrowers are the owners of [redacted]. Per the [redacted] business entity search, [redacted] does not exist. Buyer Comment (2026-03-23): deed Buyer Comment (2026-03-23): pg [redacted] deed Reviewer Comment (2026-03-16): Property history report states the property is owned by [redacted]. Provide verification that the Guarantor owns [redacted]. Buyer Comment (2026-03-12): Property profile Reviewer Comment (2026-03-12): Received property taxes paid for the recent year. Require property profile report for verification of property being free and clear. Exception remains. Buyer Comment (2026-03-10): Per tax cert, Borrower owns their primary residence. Buyer Comment (2026-03-10): tax cert |
03/23/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144108 | XXX | 36481023 | Credit | Insurance | Insurance Documentation | Insurance | Insurance Policy Expiration Date is less than [redacted] days of the Note Date and does not have automatic renewal. | Blanket Policy Expiration Date is less than [redacted] days of the Note Date. Please provide a renewed policy. | Reviewer Comment (2026-03-26): Received renewed master policy. Exception cleared. Buyer Comment (2026-03-24): Master ins Reviewer Comment (2026-03-12): Provided renewed master condo policy. Mortgagee clause is not mentioned on the policy. Exception remains. Buyer Comment (2026-03-10): Master Condo |
03/26/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144066 | XXX | 36481027 | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided | Reviewer Comment (2026-03-12): Revised 1003 received and Citizenship verified as US Citizen. Exception Cleared. Buyer Comment (2026-03-10): US citizen - Cert of Naturalization |
03/12/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2144066 | XXX | 36481028 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: [redacted] Source Documentation was not provided | - | Reviewer Comment (2026-03-12): Revised 1003 received and Citizenship verified. Exception Cleared. Buyer Comment (2026-03-10): certificate Buyer Comment (2026-03-10): revised 1003 |
03/12/2026 | 1 | B | A | B | A | B | A | B | A | B | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144066 | XXX | 36481029 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | File is missing [redacted]month housing history for primary residence. Or, provide a proeprty history report verifying the primary residence is owned free and clear with taxes paid current. | Reviewer Comment (2026-03-16): Received property history report showing borrower owns the property and is free and clear with taxes paid current. Exception cleared. Buyer Comment (2026-03-12): Property profile report. Buyer Comment (2026-03-12): Borrower owns the property Reviewer Comment (2026-03-12): Provided VOM was already available on file at initial review. The mortgage is not in the name of borrower. If borrower is living rent free then please provide underwriter discretion along with rent free letter. Exception remains. Buyer Comment (2026-03-10): VOM |
03/16/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142382 | XXX | 36481031 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | The file is missing the final HUD-1. Copy in file is an estimate. | Reviewer Comment (2026-03-11): Final closing statement received. Reviewer Comment (2026-03-10): Provide the final closing statement fully executed by all the parties or stamped true and certified. Copy provided is not signed by all parties. Exception Remains. Buyer Comment (2026-03-06): Final SS |
03/11/2026 | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2142382 | XXX | 36481032 | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | Please provide evidence that the tax lien for $[redacted] was satisfied and/or released. | Reviewer Comment (2026-03-10): Received Satisfaction of lien or Judgment. Exception Cleared. Buyer Comment (2026-03-06): release |
03/10/2026 | 1 | B | A | B | A | B | A | B | A | B | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||
| XXX | 2144074 | XXX | 36481034 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Missing source of funds for EMD of $[redacted]. | Reviewer Comment (2026-03-16): Bank statements and copies of cancelled checks. Reviewer Comment (2026-03-13): File is missing source documentation for EMD funds $[redacted]. Exception remains Buyer Comment (2026-03-11): [redacted]EM receipt, [redacted]$[redacted]check , [redacted]$[redacted]check =$[redacted] |
03/16/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144076 | XXX | 36481038 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide the final Closing Statement fully executed by the all parties or stamped true and certified. Copy provided is an estimated closing statement. | Reviewer Comment (2026-03-12): Received final closing statement. Exception cleared. Buyer Comment (2026-03-10): Final SS |
03/12/2026 | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144076 | XXX | 36481039 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Borrowing Resolution/Corporate Resolution granting authority of signer to enter loan obligation is required. | Reviewer Comment (2026-03-16): Received Corporate Resolution. Exception Cleared. Buyer Comment (2026-03-12): corp resolution signed by [redacted]. Reviewer Comment (2026-03-12): Corporate Resolution provided is not signed by all members. Provide Borrowing Resolution/Corporate Resolution granting authority of signer to enter loan obligation. Exception remains Buyer Comment (2026-03-10): corp resolution |
03/16/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144085 | XXX | 36481041 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide a [redacted] month pay history for the primary residence from [redacted]. | Reviewer Comment (2026-03-11): LOX Property history report, mortgage statement and Identification. Buyer Comment (2026-03-09): loe regarding mtg |
03/11/2026 | 1 | C | A | C | A | C | A | C | A | D | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144085 | XXX | 36481042 | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. | Mortgagee is required to read [redacted] but it reads [redacted]. Provide updated Declaration page verifying the correct mortgagee. | Reviewer Comment (2026-03-11): Corrected mortgagee on [redacted] page. Buyer Comment (2026-03-10): HOI |
03/11/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144105 | XXX | 36481044 | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | Provide OFAC for the borrowing entity. | Reviewer Comment (2026-03-13): Received OFAC for the borrowing entity in the file. Exception Cleared. Buyer Comment (2026-03-11): fraud summary |
03/13/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144096 | XXX | 36481045 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Appraisal Invoice is missing in file. | Reviewer Comment (2026-03-13): Received Appraisal Invoice. Exception Cleared. Buyer Comment (2026-03-11): appraisal invoice |
03/13/2026 | 1 | C | A | C | A | C | A | C | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144087 | XXX | 36481050 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide UW discretion for borrower living rent free with non spouse. | Reviewer Comment (2026-03-25): Received UW discretion in the file for borrower living rent free with someone. Exception Cleared. Buyer Comment (2026-03-23): Please see attached 1008/Transmittal Summary with UW Discretion for borrower living rent free. clear the exception |
03/25/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144071 | XXX | 36481053 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide evidence of an LLPA and UW discretion for borrower living rent free with other than a spouse. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. The qualifying DSCR on the loan is greater than the guideline minimum. |
Reserves: [redacted] Guideline Requirement: [redacted] The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]. |
Originator,SitusAMC SitusAMC SitusAMC SitusAMC,Originator |
Reviewer Comment (2026-03-25): Waived with compensating factors per lender approved exception received in trailing docs. Reviewer Comment (2026-03-23): Need evidence of the [redacted]for living rent free. Buyer Comment (2026-03-19): Please see attached |
03/25/2026 | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| XXX | 2144091 | XXX | 36481057 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated [redacted]/Settlement Statement. | Reviewer Comment (2026-03-20): Executed Final Closing Statement received and verified the details. Exception Cleared. Buyer Comment (2026-03-18): Please find attached the final settlement statement ([redacted]). |
03/20/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144091 | XXX | 36481058 | Credit | Missing Document | General | Missing Document | Incomplete Document: [redacted]Final is incomplete | Provide a borrower signed [redacted]/Credit Application. | Reviewer Comment (2026-03-25): Provided signed & dated final credit application. Exception cleared. Buyer Comment (2026-03-23): Please find attached the 1003 with all pages. Reviewer Comment (2026-03-20): Provided credit application is executed however [redacted]st page is missing. Exception remains. Buyer Comment (2026-03-18): Please find attached signed 1003 |
03/25/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144091 | XXX | 36481059 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The borrower is currently living rent free with someone other than a spouse. This does not meet guidelines. File is missing underwriter discretion documentation allowing for credit exception. | Reviewer Comment (2026-03-25): Provided 1008 form with underwriter discretion for occupancy. Exception cleared. Buyer Comment (2026-03-23): Please find attached the 1008 Reviewer Comment (2026-03-20): Provided Letter of explanation was already available on file at initial review. Provide evidence of UW discretion for borrower living rent free with other than a spouse. Exception remains. Buyer Comment (2026-03-18): Please find attached the LOE. |
03/25/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144091 | XXX | 36481060 | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | - | Reviewer Comment (2026-03-20): Project approval received in trailing docs. Buyer Comment (2026-03-18): Please find attached the documentation confirming the condo is warrantable. |
03/20/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144080 | XXX | 36481069 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide UW discretion for borrower living rent free with non spouse. | Reviewer Comment (2026-03-25): Received UW discretion in the file for borrower living rent free with someone. Exception Cleared. Buyer Comment (2026-03-23): Please see attached 1008/Transmittal Summary with UW Discretion for borrower living rent free. |
03/25/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144077 | XXX | 36481074 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | The Non-Owner Occupancy Declaration is incomplete as Section [redacted]is missing the principal residence address. | Reviewer Comment (2026-03-17): The Certificate of Non-Owner Occupied received showing the borrower(s) at different address than the subject. Exception Cleared. Buyer Comment (2026-03-13): Please see attached |
03/17/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144092 | XXX | 36481076 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | The file is missing the Appraisal Invoice from [redacted] Mortgage. | Reviewer Comment (2026-03-19): Appraisal Invoice from [redacted] received and verified the details. Exception Cleared. Buyer Comment (2026-03-17): FPA as requested |
03/19/2026 | 1 | C | A | C | A | C | A | C | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2144092 | XXX | 36481077 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final [redacted] | The file is missing the final [redacted]. Copy in file is an estimate. | Reviewer Comment (2026-03-19): Final HUD. Buyer Comment (2026-03-18): PFA |
03/19/2026 | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2145928 | XXX | 36481080 | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | Missing OFAC for business entity. | Reviewer Comment (2026-03-19): Received OFAC for business entity. Exception Cleared. Buyer Comment (2026-03-17): Please find attached the OFAC. |
03/19/2026 | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No |