EFMT DEPOSITOR LLC ABS-15G

Exhibit 99.07

Schedule 2. Evolve Exception Detail Report

 

 

Exception Detail
Run Date - 06/01/2026 3:35:39 PM
Evolve Loan ID Customer Loan ID Seller Loan ID Loan Exception ID Exception ID Exception Date Exception Type Exception Category Exception Subcategory Exception Exception Detail Exception Information Exception Remediation Compensating Factors Follow-up Comments Cleared Date Cured Date Waived Date Exception Level Grade Exception Level Rating Note Date Property State Occupancy Purpose 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
1432753 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 7213466 902 XXXXXXXXXX Compliance Compliance   Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons.  Additional conditions may apply.     Information provided     08/02/2022     A 1 XXXXXXXXXX TX 1 1 D   A   D   A   C   A   A   A     Non-QM 1
1432753 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 7213467 437 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   *VVOE is missing for XXXX for employer confidence Trucking document provided      08/02/2022     A 1 XXXXXXXXXX TX 1 1 D   A   D   A   C   A   A   A     Non-QM 1
1688835 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 8568746 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXX XXXXX XXXXXXXXX in file dated XXXXXXXXXX is expired. Received updated approval     03/03/2026     A 1 XXXXXXXXXX NC 1 13 C   A   C   A   A   A   A   A     Non-QM 1
1691830 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 9514320 862 XXXXXXXXXX Credit Deed of Trust/Mortgage   Deed of Trust/Mortgage - Other:   XXXX XXXXXXXX XX is missing from file. XXXXXXX provide, along with XXXX to re-record. Information provided     03/05/2026     A 1 XXXXXXXXXX MO 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1691830 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 9514321 434 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   XXXXX XXXXXXXX on short-term rental property requires XX months reserves. XXXXXXXXX currently only has XXXXXX months' reserves. XXXXXXXX exception approval for lower reserves or evidence of additional assets.   Exception approval received for XXXX XXX months reserves. XXXXXXXXXXXXX XXXXXXXX - score XXXXX min XXXXX XXXXX XXXXXXXX min XXXXXXX owned primary XXX years, employed for XXX years.       03/05/2026 B 2 XXXXXXXXXX MO 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1692753 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 9811704 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX bX credit report       04/14/2026     A 1 XXXXXXXXXX IL 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1692781 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 9811738 387 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Taxes and Insurance documentation   XXXXX is missing evidence of rent loss insurance for subject property covering a six month period. Received XXX month rent loss statement from insurance XXXXXX and on policy     04/22/2026     A 1 XXXXXXXXXX MO 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1692782 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 9811740 321 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit - Insufficient   XXXXXXXXXXXX min XXXXXXX XXXXXX is XXXX for program XXXXXXXXXX XXXXXXXXX XXXXXXX score of XXX   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX with comp factors: XXXX is XXXXXXXX stacked when max XXXX is XXXXX XXXXX XXXXXXX min required XXXXX is XXXXXXX XXXXXXX months reserves when only XX months reserves required, XXXXXXXXXXXX multi unit investor.        04/14/2026 B 2 XXXXXXXXXX CA 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1692784 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 9811743 350 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - LTV/CLTV does not meet parameters   XXXXXXXXX max XXXX of XXXX with stacked points.  XXXXXXXX XXXX for XXXX is XXX   Client waived with compensating factors: XXXXX XXXXXXXX where XXXX required, XXXXXXXXX residual income where XXXXXXXX is required, XXX month reserves where XX is required.        04/15/2026 B 2 XXXXXXXXXX FL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1692755 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10676908 356 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Not Authorized   XXXX permanent resident aliens are not allowed on XXXXX XX - XXX XXXXX XXXXXXXXXX XXXXXXXXXX approval in file from senior management to allow borrower to be XXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXXXXXX where the max allowed is XXXXX XXXXXXXXXX reserves when only XXXXXXXXX required, and XXXX fico score where the minimum required is XXX       04/15/2026 B 2 XXXXXXXXXX CA 3 3 D   B   D   B   N/A N/A A   A     Exempt 1
1692755 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10676909 323 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Requirements for Program   XXXX XXXXX XX - XXX XXXXX XXXXXXXX requires XXXXXXXXXXXX XXXXX XX reporting XXXXXXXXXX w/ activity in last XXXXXXXXXX or XX reporting XXXXXXXXXX w/ recent activity. XXXXXXXXXX approval in file from senior management allowing XX tradelines with only one reporting activity in past XXX months.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXXXXXX where the max allowed is XXXXX XXXXXXXXXX reserves when only XXXXXXXXX required, and XXXX fico score where the minimum required is XXX       04/15/2026 B 2 XXXXXXXXXX CA 3 3 D   B   D   B   N/A N/A A   A     Exempt 1
1692755 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10676910 424 XXXXXXXXXX Credit UW Collateral   UW Collateral - UW - Appraisal Report invalid or expired   XXXX appraisal used, per guidelines; XXX the XXXX is less than or equal to XXXX the date of the appraisal may be up to XXXX days old with senior management approval and third party review. XXXXXXXXXX approval in file from senior management allowing for use of appraisal over XXXX days old.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXXXXXX where the max allowed is XXXXX XXXXXXXXXX reserves when only XXXXXXXXX required, and XXXX fico score where the minimum required is XXX       04/15/2026 B 2 XXXXXXXXXX CA 3 3 D   B   D   B   N/A N/A A   A     Exempt 1
1692791 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 9811754 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXX XXXX square feet required. XXXXXXXXX in file for each unit less than XXXX square feet.   Client waived with compensating factors: XXXXX XXXX when the minimum required is XXXXX XXX months reserve when the minimum requirement is XX months, experienced investor.        04/13/2026 B 2 XXXXXXXXXX NC 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1692805 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10091300 270 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Satisfactory 2nd Appraisal Report   XXX over XXXXXXX XXXXXXXX require a XXXX appraisal in lieu of XXXXX XXXXXXX   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX with XXXXX XXXXXXXXX XXX with XXX mtg pmt history and foreign credit history, XXXXXXXXX of XXXXXXX months when XXX months required, XXXXXXXXX XXXX when max XXXX allowed is XXXXX residual income over XXXXXXX over XXX required.       03/09/2026 B 2 XXXXXXXXXX CA 2 13 C   B   C   B   A   A   C   B     Safe Harbor QM (APOR) 1
1692805 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10091301 350 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - LTV/CLTV does not meet parameters   XXXXXXXXXXX state XXX for c/o XXX max is XXXXXXXXXXXX borrower is doing XXXX XXX XXXXXXXXXXXX with c/o of XXXXXXXXXX   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX with XXXXX XXXXXXXXX XXX with XXX mtg pmt history and foreign credit history, XXXXXXXXX of XXXXXXX months when XXX months required, XXXXXXXXX XXXX when max XXXX allowed is XXXXX residual income over XXXXXXX over XXX required.       03/09/2026 B 2 XXXXXXXXXX CA 2 13 C   B   C   B   A   A   C   B     Safe Harbor QM (APOR) 1
1692805 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10091302 353 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - LA/CLA exceeds Max. Limit   XXXXXXXXXXX state max XXX is XXXX million for max XXXX XXXXX subject XXX is XXXXXXXXXXXXXXX   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX with XXXXX XXXXXXXXX XXX with XXX mtg pmt history and foreign credit history, XXXXXXXXX of XXXXXXX months when XXX months required, XXXXXXXXX XXXX when max XXXX allowed is XXXXX residual income over XXXXXXX over XXX required.       03/09/2026 B 2 XXXXXXXXXX CA 2 13 C   B   C   B   A   A   C   B     Safe Harbor QM (APOR) 1
1692805 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10091303 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXX require acceptable XXXXXX there is no visa for second home (property held in corp)   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX with XXXXX XXXXXXXXX XXX with XXX mtg pmt history and foreign credit history, XXXXXXXXX of XXXXXXX months when XXX months required, XXXXXXXXX XXXX when max XXXX allowed is XXXXX residual income over XXXXXXX over XXX required.       03/09/2026 B 2 XXXXXXXXXX CA 2 13 C   B   C   B   A   A   C   B     Safe Harbor QM (APOR) 1
1693437 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041374 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXX guarantees required for additional shareholders. XXXXXXXXX in file to waive the requirement for additional shareholder guarantees.   Client waived with compensating factors: XXXXX XXXX when the minimum requirement is XXXXXX XXX months reserves when the minimum requirement is XX months.        04/08/2026 B 2 XXXXXXXXXX MI 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1693441 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041377 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX XXXXXXXXXXX approval for loan exceeding max allowed XXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months required, XXXX fico score where the minimum required is XXXXX XXXXX of XXXXXX where the minimum required is XXXXXX XXXX of XXXXXXXX where the max allowed is XXX       04/14/2026 B 2 XXXXXXXXXX CA 3 3 C   B   C   B   N/A N/A C   B     Exempt 1
1693443 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10763922 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX borrower XX credit report.       04/20/2026     A 1 XXXXXXXXXX NJ 3 1 C   C   C   B   N/A N/A C   C     Exempt 1
1693444 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041386 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXX XXXXX mortgage history, guidelines required clean mortgage history for last XXX months.   Client waived with compensating factors: XXXXXXXXX has managed multifamily properties since XXXXXX borrower owns XX other properties, borrower has XXXXXXXXX in reserves after closing.        04/22/2026 B 2 XXXXXXXXXX CT 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1693446 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041388 357 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Cash Back Exceeds Limit   XXXXXXXXXXXXXX for the original purchase transaction is incomplete. XX settlement statement (or acceptable alternative, such as a recorded trustee’s deed) is required per guidelines for delayed financing. XXXX borrower received XXXXXXXXXXXXXX cash back at closing; however, the loan is structured as a no cash-out refinance under delayed financing. XX XXXXXX XXXXXXXXXXX XXXXXXXXXX (or equivalent) is required to confirm the cash to borrower does not exceed program limits and meets rate and term financing. Received the XXX from the original purchase     04/30/2026     A 1 XXXXXXXXXX MA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1693450 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041393 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXX programs require each unit to be at least XXXX square feet. XXXXXXXXXXX with units that do not contain a minimum of XXXX square feet of gross living area may be permitted with senior management approval. XXXXXXXXXX approval in file allowing for XX units to be less than XXXX sq. ft.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX reserves when only XXXXXXXX required, XXXXX of XXXXXX when only XXXXX is required and XXXX fico score where the minimum required is XXX       04/21/2026 B 2 XXXXXXXXXX PA 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1693452 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041396 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX subject property is a high rise condotel. XXXXXXXXXX require XXXXXXXXXXX XXXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXXX XXXX of XXXXXXXXX where the guideline maximum is XXXX and XXXXXXXX months of reserves where the guideline minimum is three months.       04/21/2026 B 2 XXXXXXXXXX FL 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1693452 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041397 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX guidelines, the minimum sq ft per unit is XXXX sq ft. XXXX subject property is XXXX sq ft.   Exception approval received for XXXXXXX XXXXXXXXXX XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXXX XXXX of XXXXXXXXX where the guideline maximum is XXXX and XXXXXXXX months of reserves where the guideline minimum is three months.       04/21/2026 B 2 XXXXXXXXXX FL 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1693453 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041398 357 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Cash Back Exceeds Limit   XXXXXXXXXXX state max XXXX proceeds is XXXXXXXXXXX XXXXXXX XXXX proceeds on subject is XXXXXXXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXXX XXXXX XXXXXX of XXXXXX where the guideline minimum is XXXXXXX XXXXXXXXXXX XXXXX of XXXX where the the guideline minimum for the XXXX tier is XXXXX and post closing reserves of XXXXXXX months where guidelines require XX months.       04/28/2026 B 2 XXXXXXXXXX AK 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1693455 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041401 447 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - 2yr Employment history not verified   XXXX guidelines, borrower must be self employed for XX years under the XXXX statement program. XXXXXXXXX has been self employed for < XX years.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXX mortgage payment history with XXX months reporting; XXX years in primary residence where the minimum requirement is XX years; residual income of XXXXXXXXX where the guideline minimum is XXXXXXXX and XXXXXXXX months in post closing reserves.        04/09/2026 B 2 XXXXXXXXXX CA 2 1 D   B   D   B   A   A   A   A     Safe Harbor QM (APOR) 1
1693457 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041402 201 XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - is missing.   XXXXXXX provide the hazard policy. Information provided     04/28/2026     A 1 XXXXXXXXXX NY 3 1 D   A   D   A   N/A N/A A   A     Exempt 1
1693457 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041403 340 XXXXXXXXXX Credit UW Other   UW Other - UW - Insurance Missing (MI or Project)   XXXXXXXXXX with minimum of XX months rent loss coverage is required. Received XX months rent loss coverage.     04/27/2026     A 1 XXXXXXXXXX NY 3 1 D   A   D   A   N/A N/A A   A     Exempt 1
1693461 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041409 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXX use properties are only acceptable with senior management approval on all programs. XXXXXXXXXX approval from senior management is in file allowing for subject to be a mixed-use property.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX XXXXXXXX reserves when only XXXXXXXX required, and XXXX fico score where the minimum required is XXX       04/30/2026 B 2 XXXXXXXXXX CA 3 13 C   B   A   A   N/A N/A C   B     Exempt 1
1693461 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041410 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXX XXXXXXXXXX program requires all units each having a minimum unit size of XXXX sq ft. XX of the XX residential units are under XXXX square feet. XXXXXXXXXX approval from senior management in file allowing for XX of the units to have less than XXXX square feet.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX XXXXXXXX reserves when only XXXXXXXX required, and XXXX fico score where the minimum required is XXX       04/30/2026 B 2 XXXXXXXXXX CA 3 13 C   B   A   A   N/A N/A C   B     Exempt 1
1693463 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041411 258 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal - Completion Certification   XXXXXXXXXX is XXXXXXXX to completion. Received XXXXX     04/27/2026     A 1 XXXXXXXXXX AL 3 1 C   A   A   A   N/A N/A C   A     Exempt 1
1693464 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041412 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXXX is currently short funds to close XXXXXXXXXXXX and reserves XXXXXXXXXXXXXXX XXX deducted cash to close for XXXX & XXXX XXXXXX XXXXXXXXXXXXX from current balance. XXX documentation was provided to show where that cask to close came drome, only the XXXXXXXXX downpayment money was sourced. XXXXXXXX documentation that the borrowers have sufficient cash to close and reserves for the subject transaction.       04/16/2026     A 1 XXXXXXXXXX UT 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1693464 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041413 356 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Not Authorized   XXXXX be experienced multi-family investor on XXXXX XXXXX XXXXX XXXXXXXXXX XXXXXXXXXX approval from senior management allowing borrowers with out multi-family experience.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXX reserves when only XXXXXXXXX is required, XXXX fico score where the minimum required is XXX       04/16/2026 B 2 XXXXXXXXXX UT 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1693464 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041414 323 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Requirements for Program   XXXXX have XXXXXXXXXXXX XXXXX XX reporting XXXXXXXXXX w/ activity in last XXXXXXXXXX or XX reporting XXXXXXXXXX w/ recent activity for XXXXX XXXXX XXXXX XXXXXXXXXX XXXXXXXXXX approval from senior management in file allowing borrowers to have limited credit history.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXX reserves when only XXXXXXXXX is required, XXXX fico score where the minimum required is XXX       04/16/2026 B 2 XXXXXXXXXX UT 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1693464 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041415 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX XXXXXXXXX *** XXXXXXXXXX provided do not source where cash to close of XXXXXXXXXXXXXX for XXXX & XXXX XX XXXXXX transaction came from. XXXX XXXXXXXXXX transfer appears to be for the down payment portion of that transaction. XXXXXXXX satisfactory documentation sourcing the XXXXXXXXXXXXXX and evidencing that it should not be deducted from current balance. *** XXXXXXXXX is currently short funds to close XXXXXXXXXXXX and reserves XXXXXXXXXXXXXXX XXX deducted cash to close for XXXX & XXXX XXXXXX XXXXXXXXXXXXX from current balance. XXX documentation was provided to show where that cash to close came from, only the XXXXXXXXX downpayment money was sourced. XXXXXXXX documentation that the borrowers have sufficient cash to close and reserves for the subject transaction. Error     04/16/2026     A 1 XXXXXXXXXX UT 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1693466 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041418 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXXX for rural property.   Client waived with compensating factors: XXXXXXXX assets after closing. XXXXXXXXX income of XXXXXX where XXXXX is required, XXXX XXXXX where XXXX is required.       04/17/2026 B 2 XXXXXXXXXX FL 1 1 C   B   C   A   A   A   C   B     Non-QM 1
1693466 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041419 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXX amortized payment was not used to qualify. XXXXXXXX used to qualify was XXXXXXXXXXXX XXXXXX amortized payment XXXXXXXXXXXXX Received XXXXX with full payment     04/22/2026     A 1 XXXXXXXXXX FL 1 1 C   B   C   A   A   A   C   B     Non-QM 1
1693469 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041429 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received. Documents received     03/23/2026     A 1 XXXXXXXXXX CA 1 1 A   A   A   A   A   A   A   A     Safe Harbor QM (APOR) 1
1693475 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041433 320 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXXXXX of the funds used for the XXXXXXXXXX earnest money deposit. XXX subtracted from assets borrower does not have enough reserves XXXXX mo required) $XXX,XXX wired from XXXXXX on XXXXXX     04/20/2026     A 1 XXXXXXXXXX FL 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1693476 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041434 986 XXXXXXXXXX Compliance Compliance   Compliance - E-Consent- missing evidence of borrower’s e-consent prior to earliest e-signature event   XXXXXXXX e-consent dated on or before earliest e-signature event date of XXXXXXXXXXX Information provided     04/17/2026     A 1 XXXXXXXXXX FL 1 1 C   A   A   A   C   A   A   A     Non-QM 1
1693477 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041435 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXX for the XXXXX unit XXXXX loan program require senior management approval for all mixed use properties. XXXXXXXXX consists of XX rental units and XX commercial units.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXXXX investor; good pride in ownership living in primary XXXXX years; XXXXX XXXXX no derogatory credit       04/22/2026 B 2 XXXXXXXXXX NJ 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1693477 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041436 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXXXXX for the XXXXX unit XXXXX loan program require all units to be occupied for XXXXXX refinance transactions. XX of the XX units are not occupied.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXXXX investor; good pride in ownership living in primary XXXXX years; XXXXX XXXXX no derogatory credit       04/23/2026 B 2 XXXXXXXXXX NJ 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1693477 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041437 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXX the loan approval, XXXXXX information for all units was utilized in the calculation of XXXXXXX XXXXXXXX all pages of XXXXXX agreements. XXXXXXXXXX included only partial lease information for the occupied units.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXXXX investor; good pride in ownership living in primary XXXXX years; XXXXX XXXXX no derogatory credit       04/23/2026 B 2 XXXXXXXXXX NJ 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1693477 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041438 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXXXXX for the XXXXX unit XXXXX loan program require a XXXXX XXXXX to be completed.  XX XXXXX XXXXX was not provided.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXXXX investor; good pride in ownership living in primary XXXXX years; XXXXX XXXXX no derogatory credit       04/23/2026 B 2 XXXXXXXXXX NJ 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1693481 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041441 447 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - 2yr Employment history not verified   XXXXXXXX less than XX years self employment history.   Client waived with compensating factors: XXXX XXXXX where XXXX is XXXXXXXXXXXXXXXXXX XXXX where maximum XXXX allowed is XXXXX XXXX mortgages on credit report are paid as agreed.       04/30/2026 B 2 XXXXXXXXXX OR 1 3 D   B   D   B   A   A   A   A     Non-QM 1
1693481 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041442 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXXX income of XXXXX is required, borrower has residual income of XXXXXXXXXXX   Client waived with compensating factors: XXXX XXXXX where XXXX is XXXXXXXXXXXXXXXXXX XXXX where maximum XXXX allowed is XXXXX XXXX mortgages on credit report are paid as agreed.       05/03/2026 B 2 XXXXXXXXXX OR 1 3 D   B   D   B   A   A   A   A     Non-QM 1
1693481 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041443 320 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXXXXXXXX asset statement dated XXXXXXXXXXX expired XXXXXXXXXXXXX XXXXX closed XXXXXXXXXXXXX Business and personal assets dated XXXXXXX     05/03/2026     A 1 XXXXXXXXXX OR 1 3 D   B   D   B   A   A   A   A     Non-QM 1
1693484 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041445 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXX properties are not allowed on XXXXX program. XXXXXXXXXX approval in file allowing for rural property.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX XXXXXXXX reserves when only XXXXXXX required, XXXXX of XXXXXX when only XXXXX is required and XXXX fico score where the minimum required is XXX       05/04/2026 B 2 XXXXXXXXXX NC 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1693487 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041448 72 XXXXXXXXXX Credit Closing Package   Closing Package -    XXXXX approval reflects incorrect loan program.  XXXXX is a XXXXX XXXX with a XXXXX term.  XXXXXXX provide updated loan approval reflecting correct loan program Information provided     04/23/2026     A 1 XXXXXXXXXX FL 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1693488 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041450 108 XXXXXXXXXX Credit Deed of Trust/Mortgage   Deed of Trust/Mortgage - is missing.   XXXXXXX provide the XXXXX Information provided     05/01/2026     A 1 XXXXXXXXXX PA 3 13 D   A   D   A   N/A N/A A   A     Exempt 1
1693489 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041452 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX XXXXXXXXXXX approved bridge transaction.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX  months reserves when only XX months required, XXXX of XXXXXXXX where the max allowed is XXXXX XXXX fico score where the minimum required is XXXXX XXXXXXXXX income of XXXXXXX exceeds the minimum required of XXXXXX       04/23/2026 B 2 XXXXXXXXXX FL 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1693489 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041453 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX final XXX from bridge loan           04/27/2026 A 1 XXXXXXXXXX FL 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1693490 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041456 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXX XXXXXXXXXXX approval to use XXXX statement program for non self employed borrower.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months required, XXXX fico score where the minimum required is XXXXX XXXX of XXX where the max allowed is XXX       04/10/2026 B 2 XXXXXXXXXX NV 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1693490 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041458 902 XXXXXXXXXX Compliance Compliance   Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons.  Additional conditions may apply.     Information provided     04/20/2026     A 1 XXXXXXXXXX NV 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1693493 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041461 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXX statement spread sheet is missing.       04/15/2026     A 1 XXXXXXXXXX NV 1 13 A   A   A   A   A   A   A   A     Non-QM 1
1693495 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10099296 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXXX XXXXXX properties are ineligible on XXXXX program XXXXXXXXXX XXXXXXXXX XXXXXX property on XXXXXX   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX with comp factors: XXXXX XXXX when min XXXXX is XXXXX XXXXX XXXXXXX when min XXXXX is XXXXXXXX XXXXXXXXX XXXX when max XXXX allowed is XXXXX XXXXXXXX months reserves when only XX months are required. XXXXXXXXXXXX XXXXXXXXXX       04/22/2026 B 2 XXXXXXXXXX KY 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1693496 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041465 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX the credit report for the primary borrower/guarantor. XXXXX the credit report the co-borrower/co-guarantor was provided.       04/20/2026     A 1 XXXXXXXXXX IN 3 1 A   A   A   A   N/A N/A A   A     Exempt 1
1693499 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041468 323 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Requirements for Program   XXXXXXXX of four XXXXXX tradelines are required where the borrower(s) only have two XXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXX XXXXXXX of XXXXXXXXXXXX where the guideline minimum is XXXXXXX and XXXXXXXXX of XXXXXXXX months.       04/24/2026 B 2 XXXXXXXXXX UT 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1693499 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041469 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXX XXXXXX of XXXXXXXXX exceeds the guideline maximum allowed of XXXXXXX XXXX guidelines, XXXXXXXX XXXXXX > XXXXX up to XXXXX is allowed with XXXXX XXXXX approval. XXX evidence of XXXXX XXXXX review and approval was provided in the loan file.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXX XXXXXXX of XXXXXXXXXXXX where the guideline minimum is XXXXXXX and XXXXXXXXX of XXXXXXXX months.       04/28/2026 B 2 XXXXXXXXXX UT 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1693499 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041470 351 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - DTI exceeds maximum limit   XXXX of XXXXXXXXX exceeds the guideline maximum of XXXXXX XXXX guidelines, if a majority of the income used to qualify is from a fixed income source, the maximum debt ratio is XXXXXX XXXXXXXXXXX income is XXXXXXXXXXXX where XXXXXXXXXXXX is from fix income source.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXX XXXXXXX of XXXXXXXXXXXX where the guideline minimum is XXXXXXX and XXXXXXXXX of XXXXXXXX months.       04/28/2026 B 2 XXXXXXXXXX UT 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1693501 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041472 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXX needed for rural property with XXXX XXXXXXX > XXXX maximum under the XXXXXX XXXXXX XXXXXXXXX XXXXX XXXXXXXXXX XXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXXXXXXX where the maximum allowed is XXXXX XXXXXX months reserves when only XX months required, XXXXXXXXX income of XXXXXXXXXXXXX exceeds the minimum required of XXXXXXXXX and XXXX fico score where the minimum required is XXXXX       04/24/2026 B 2 XXXXXXXXXX MT 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1693502 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041473 338 XXXXXXXXXX Credit UW Other   UW Other - UW - Contract approval incomplete/not current   XXXXXXXX fully executed purchase contract and addendums signed by buyer and seller. Received ratified contract     04/16/2026     A 1 XXXXXXXXXX CA 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1693503 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041474 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXXXX loan approval reflecting transaction as a XXXX statement loan. XXX is self-employed and XXXX statements provided to calculate income. Revised XXXXX XXXXXXXXX provided      04/30/2026     A 1 XXXXXXXXXX OH 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1693506 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041477 72 XXXXXXXXXX Credit Closing Package   Closing Package -    XXXXXXXXX XXXXXXXXXX needed for both borrowers XXXXXX and XXXXX Information provided     05/04/2026     A 1 XXXXXXXXXX OK 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1693509 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041478 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXXX must have multifamily investment experience, XXXXXXXXXX XXXXXXXXX XXXXXXX family investment experience.   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX w/comp factors: XXXXX XXXX when min XXXXX of XXXX required, XXXXXXX months reserves when only XX months reserves required, XXXXXXXXXXXX investor       04/30/2026 B 2 XXXXXXXXXX AZ 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1693510 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041479 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXX borrower to be self employed XX year and XXX months.  XXXXXXXXXXX require a minimum of XX years.   Client waived with compensating XXXXXXXXXXX month reserves where XX are required, XXXXX in residual income where XXXXX is required, XXXX of XXXX when XXX is the max.       04/24/2026 B 2 XXXXXXXXXX AR 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1693510 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041480 848 XXXXXXXXXX Compliance Disclosure   Disclosure - ECOA- missing evidence of disclosure of appraisal report to borrower promptly upon completion or within 3 days of closing, or evidence that borrower waived right to receive     Information provided     04/28/2026     A 1 XXXXXXXXXX AR 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1693521 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041489 496 XXXXXXXXXX Valuation Appraisal   Appraisal - Compliance \ Appraisal - If "Subject to Completion"-a Completion Cert (form 442 or 1004D dated March 2005) & original photos is required   XXXXXXX provide the updated XXXXXXXXXXX XXXXXXXXXXXXXX Information provided     04/21/2026     A 1 XXXXXXXXXX UT 1 1 C   B   C   B   A   A   C   A     Non-QM 1
1693521 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041491 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXX borrower is self-employed for less than XX years and does not meet the guideline requirement under the XXXXXX XXXXXX XXXX XX program. XXXX borrower is self-employed for XX year.   Client waived with compensating factors: XXXX borrower has a XXXX XXXXX with a minimum XXXXX of XXXXXX XXXX XXXXX to XXXXXXX ratio is XXXXXXXXX and the max XXXXX to XXXXXXX XXXXXX is XXXXXX XXXX residual income is XXXXXXXXXXXXX and the minimum residual income is XXXXXXXXXX       04/22/2026 B 2 XXXXXXXXXX UT 1 1 C   B   C   B   A   A   C   A     Non-QM 1
1693525 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041496 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX XXXXXXXXXX property is in a declining market.  XXXX appraisal this is due to subject last sales XXXXX XXXXXXXXXXX for XXXXXXXXXXXXXXX XXX is now selling for XXXXXXXXXXXX SR XXXXX XXXXXXXX     04/28/2026     A 1 XXXXXXXXXX FL 3 1 C   A   A   A   N/A N/A C   A     Exempt 1
1693527 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041500 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX units are under the minimum square footage required under the guideline for XXXXX family XXXXXXXXXXX XXXXX program. XXXX XX units of the subject property must be XXXX square feet. XXXXX XX is under XXXX at XXXX sqare feet.   Client waived with compensating factors: XXXXX is XXXXXX and required is XXXXXXXX XXXX borrower has XXXXXXXXXXXXXX or XXX months reserves and the required is XX months. XXXX borrower has XX years of self employment and co-borrower has XX years of self employment.       04/23/2026 B 2 XXXXXXXXXX CA 3 1 C   B   C   B   N/A N/A C   B     Exempt 1
1693527 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041501 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXX borrowers do not have experience managing multifamily properties which is required under the XXXXXXXXX XXXXX XXXXX XXXXX program.   Client waived with compensating factors: XXXXX is XXXXXX and required is XXXXXXXX XXXX borrower has XXXXXXXXXXXXXX or XXX months reserves and the required is XX months. XXXX borrower has XX years of self employment and co-borrower has XX years of self employment.       04/23/2026 B 2 XXXXXXXXXX CA 3 1 C   B   C   B   N/A N/A C   B     Exempt 1
1693528 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041502 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXX one year self employment. XXXX guidelines two years is required.   Client waived with compensating factors: XXXXX XXXXXXXX where XXXX is minimum, XXXX XXXXXXX in subject property, XXXXXXXXX income of XXXXXXXXXXX where XXXXX is required.       04/21/2026 B 2 XXXXXXXXXX UT 1 13 C   B   C   B   A   A   A   A     Non-QM 1
1693529 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041506 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXX is a log cabin on XXXXXXX acres. XXXXXXXXX type and acreage is not allowed.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX at XXXX when max XXXX for XXXX score is XXXXXX XXXXXXXXX income of XXXXXXXXXXX when the minimum is XXXXXXXXX XXXXXXXXX of XX months is required. XXXXXXXXXX have XXXXXXXX months       04/15/2026 B 2 XXXXXXXXXX LA 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1693529 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041507 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX per XXXXXXXXX guidelines, taxes and insurance should escrowed. XXXXXXXXX is not escrowing.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX at XXXX when max XXXX for XXXX score is XXXXXX XXXXXXXXX income of XXXXXXXXXXX when the minimum is XXXXXXXXX XXXXXXXXX of XX months is required. XXXXXXXXXX have XXXXXXXX months       04/15/2026 B 2 XXXXXXXXXX LA 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1693537 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041520 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXX that do not contain a minimum of XXXX square feet of gross living area may be permitted with senior management approval. XXXXXXXX is XXXX square feet. XXXXXXXXXX approval from XXXXXXX XXXXXXXXXXX in file allowing XXXX sq ft subject property.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX XXXXXXXXX reserves when only XXXXXXXX XXXXX of XXXXXX when only XXXXXX is required and XXXX fico score where the minimum required is XXXXX       04/20/2026 B 2 XXXXXXXXXX NV 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1693538 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10286578 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX per XXXXXXXXX guidelines, each unit/property muxt be XXXX XXX or larger. XXXXXXXX is not.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX  XX months reserves are required, borrower has XXXXXXX months. XXXXXXXX score for XXXX XXXX is XXXXXX XXXXXXXXX has a XXXX score. XXXXXXXX XXXXX is XXXXXXX XXXXX XXXXX is XXXXXXXX       04/20/2026 B 2 XXXXXXXXXX NV 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1693539 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041524 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX XXXXXXXXXXX approval for borrower owning XX out of the XX total units in project. XXXX allowed is XX in a project with less than XXX units.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXX months reserves when only XX months required, XXXX fico score where the minimum required is XXXXXX XXXXX of XXXXXXX where the minimum required is XXXXX       04/24/2026 B 2 XXXXXXXXXX WI 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1693543 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041534 436 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete VOE   XXXXXXXX verbal XXXX obtained within XXX calendar days prior to the note date for self-employment income as required per guidelines. VVOE uploaded     05/01/2026     A 1 XXXXXXXXXX MD 1 13 D   A   D   A   A   A   A   A     Non-QM 1
1693543 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041535 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXX a signed and dated letter of explanation for the subject property listed for sale XXXXXXXXXXX and removed on XXXXXXXXXX to include the reason for the prior listing and the borrower's intent to occupy the subject property as required by guidelines. Letter of XXXXXXXXXXXX provided.     05/01/2026     A 1 XXXXXXXXXX MD 1 13 D   A   D   A   A   A   A   A     Non-QM 1
1693543 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041536 328 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Mortgage   XXXXXXXX verification that the XXXXXXXXX mortgage payment was paid on time to confirm XXXXXXXX payment history as required under the XXXXXXXXXXXX XXXXX XXXXXXXXXX XXXXXXXXX Statement provided evidencing loan due for XXXXXXXX with no lates noted.      05/01/2026     A 1 XXXXXXXXXX MD 1 13 D   A   D   A   A   A   A   A     Non-QM 1
1693544 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041537 447 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - 2yr Employment history not verified   XXXXXXXXXXXX does not meet the minimum two year self employment history for the business XXXX statement program. XXXXXXXXXXXX business started XXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX XXXXXXXXX XXXXXXX of XXXXXXXXXXXXX where the guideline minimum XXXXXXXXX XXXX of XXXXXXXX where the guideline maximum is XXXXX and XXXXX XXXXXXXX XXXXXXXXX of XXXXXXX months.       04/28/2026 B 2 XXXXXXXXXX OR 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1693556 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041548 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXX for the XXXXX loan program require XXXXXXX XXXXXXXXXXX approval for all XXXXXXXXX XXXXXXX transactions. XXXX the XXXXXXXXXXX a relationship existed between the XXXXXX and XXXXXXXX   Exception approval received for non-arms length transaction. XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX XXXXXXX months reserves when only XX months required, XXXX fico score where the minimum required is XXX       04/21/2026 B 2 XXXXXXXXXX MD 3 1 C   B   C   B   N/A N/A C   B     Exempt 1
1693558 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041552 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXX shock is over required XXX and over the client discretionary approval of XXX at XXXXXXX as primary residence is owned free and clear.   Client waived with compensating factors: XXXXX is XXXX and the minimum XXXXX is XXXXXX XXXX reserves are at XXXXXXXXXXXXXX or XXX months and the required reserves are XX months. XXXX borrower has owned the primary residence for XX years.       04/29/2026 B 2 XXXXXXXXXX CO 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1693559 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041553 328 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Mortgage   XXXXXXXXXXX require the most recent XXX months mortgage history to be provided. XXXXXXX report dated XXXXXXXXXXXXX XXXXXXXX evidence the XXXXXXXXXXXXXXXX mortgage payments for the borrower's primary residence were made. Received current and transferred mortgage history     04/26/2026     A 1 XXXXXXXXXX MO 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1693561 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041554 1018 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Self-Employed verify business   XXXXXXXXXXX require borrower to be self-employed a minimum of XX years. XXXXXXXXX switched from XXXX employment to XXXXX XXXXXXX but has been in same line of work for over XX years.   Client waived with compensating factors: XXXX XXXXXXX when the max allowed is XXXXX XXXX XXXXX when the minimum requirement is XXXXX XXX months reserve when the minimum requirement is X       04/24/2026 B 2 XXXXXXXXXX OH 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1693562 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041555 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX the XXXXXXX XXXXXXX for XXXXXXXXX XXXXXXXXXXXXXX       04/30/2026     A 1 XXXXXXXXXX FL 3 1 A   A   A   A   N/A N/A A   A     Exempt 1
1693562 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041556 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXX initial XXXXXXXXXXXXXXXXX for XXXXXXXXXXXXXXXXXXXXXXXX is missing       04/30/2026     A 1 XXXXXXXXXX FL 3 1 A   A   A   A   N/A N/A A   A     Exempt 1
1693562 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041557 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXX final signed XXXXXXXXXXXXXXXXX is missing for XXXXXXXXX XXXXXXXXXXXXXXXX Information provided     04/30/2026     A 1 XXXXXXXXXX FL 3 1 A   A   A   A   N/A N/A A   A     Exempt 1
1693563 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10473398 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXX approval to be corrected with the correct loan program. XXXXXX XXXXX XXXXXXXXX to reflect XXXXXXXXXXXX XXXXXX XXXXXXXXXXXXXXXX XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX reflects XXXXXX XXXXX XXXX however loan closed under the XXXXXX XXXXXXXXXX doc type. Received revised approval for XXXXXX XXXXXXXXX     04/28/2026     A 1 XXXXXXXXXX FL 1 1 C   A   C   A   A   A   A   A     Safe Harbor QM (APOR) 1
1693565 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041559 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXX XXXXXXXXX states brw hired date XXXXXXXXXXXXX XXXX loan aplication states brw hire date XXXXXXXXXXXXX XXXX XXXX states hire date XXXXXXXXXXX XXXXXXXX XXXXX and loan approval to match XXXXXX   Client waived with compensating factors: XXXX XXXX XXXXX brws XXXXXXXX XXXXX XXXXXXXX XXXXX XXXXX brws XXXX XXXXXX XXXX XXXX XXXXX brws XXXXXXXX XXXXXX        04/23/2026 B 2 XXXXXXXXXX LA 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1693565 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041560 328 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Mortgage   XXXXXXXX XXXXXX should be limited to XXXXXXX XXXX borrowers who do not have a current housing payment, or own a home free and clear, payment XXXXXX is considered for reasonableness and should be reviewed with senior management.   Client waived with compensating factors: XXXX XXXX XXXXX brws XXXXXXXX XXXXX XXXXXXXX XXXXX XXXXX brws XXXX XXXXXX XXXX XXXX XXXXX brws XXXXXXXX XXXXXX        04/24/2026 B 2 XXXXXXXXXX LA 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1693566 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041562 868 XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - Other:   XXXXXXXXXX XXXXXXX does not include XXXXXXX number or expiration date Information provided     04/17/2026     A 1 XXXXXXXXXX UT 3 1 C   B   C   A   N/A N/A C   B     Exempt 1
1693566 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041563 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXX investor concentration in condo project, XX sets of investors own XXXX units. XXX one entity may own more than XXXX of the units in projects with XXX or more units or more than XX units in projects with XX to XXX units without senior management approval. XXXXXXXXXX approval from senior management in file allowing subject property to be in a high investor condo project.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXXXXXX where the max allowed is XXXXX XXXXXXXX reserves when only XXXXXXX required, and XXXX fico score where the minimum required is XXX       04/16/2026 B 2 XXXXXXXXXX UT 3 1 C   B   C   A   N/A N/A C   B     Exempt 1
1693568 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041567 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX per XXXXXXXXX guidelines, the maximum investor concentration is XXXXXX XXXXXXXXXX at XXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXX XXX on current mortgage. XXXXXX month reserves required. XXXXXXXXX has XXXXXXX months. XXXXX minimum is XXXXXXX XXXXX XXXXX is XXXXXXX       04/30/2026 B 2 XXXXXXXXXX HI 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1693569 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041568 219 XXXXXXXXXX Credit HUD1   HUD1 - Final HUD-1 is missing   XXXXXXX provide the final XXXXXX settlement statement. Information provided     04/21/2026     A 1 XXXXXXXXXX PA 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1693571 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041570 902 XXXXXXXXXX Compliance Compliance   Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons.  Additional conditions may apply.     Information provided     04/27/2026     A 1 XXXXXXXXXX UT 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1693571 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041571 898 XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXX tolerance violation for increase in XXXXXXX XXXXXXX XXXXXXX XXXX without a valid XXXXXX XXXXXX tolerance violation of XXXXXXXXXXX XX refund in the amount of XXXXXXXXX along with XXXXX XXXX lox to borrower, copy of refund check and proof of delivery required within XXX days from consummation date of XXXXXXXXXXX Information provided     04/27/2026     A 1 XXXXXXXXXX UT 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1693571 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041572 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXX borrower has less than the required years of self-employment required under the XXXXXX XXXXXX XXXX XX XXXX statement program. XXXX years is the required length of self-employment and the borrower has XX year.   Client waived with compensating factors: XXXX borrower has lived in the previous primary residence for XXX years. XXXX XXXXX is XXXX with a minimum required XXXXX of XXXXXX XXXX borrower has XXXXXXXX and XXXXXXXX is required.       04/17/2026 B 2 XXXXXXXXXX UT 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1693571 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041573 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXX updated XXXXX XXXXXXXXX to reflect the correct XXXXXXXXXXX  XXXXXXXXX reflects XXXX XXXXXXXXX but correct XXXX based is XXXXXXXXXX Received revised approval     04/21/2026     A 1 XXXXXXXXXX UT 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1693585 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041592 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX property may not be modified in a manner that has an adverse impact on its marketability as a residential property. XXXXXXXX is a duplex with XX XXXXXXXX   Client waived with compensating factors: XXXXX XXXX subject XXXXXX XXXXXX XXXXXXXX XXXX XXXXX brw XXXX XXXXXXX XXXXXXXXX required XXXXXXXXXXXXXX reserves verified XXXXXXXXXXXXXXXX        04/24/2026 B 2 XXXXXXXXXX CA 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1693587 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041344 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXXXXX require income to be averaged over XXXX months for asset depletion, however income was averaged over XXX months.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXX XXXXXXX of XXXXXXXXXXXX where the guideline requirement is XXXXXXXXX XXXXX XXXXXXXX XXXXXXXXX of XXXXXXXX months where the guideline requirement is XX months.       04/23/2026 B 2 XXXXXXXXXX CO 1 1 C   B   C   B   A   A   C   B     Higher Priced QM (APOR) 1
1693587 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041345 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXX XXXXXXXXXXX approval is required when an appraisal states the subject property is located in a declining market. XXXXX XXXXXXXXX provided does not indicate an approval for the declining market noted by the appraiser.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXX XXXXXXX of XXXXXXXXXXXX where the guideline requirement is XXXXXXXXX XXXXX XXXXXXXX XXXXXXXXX of XXXXXXXX months where the guideline requirement is XX months.       04/28/2026 B 2 XXXXXXXXXX CO 1 1 C   B   C   B   A   A   C   B     Higher Priced QM (APOR) 1
1693588 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041347 902 XXXXXXXXXX Compliance Compliance   Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons.  Additional conditions may apply.     Information provided     05/06/2026     A 1 XXXXXXXXXX FL 1 1 C   A   A   A   C   A   A   A     Non-QM 1
1693590 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041348 898 XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXX tolerance violation for increase in XXXXXXX XXXXXXX XXXXXXX XXXX without a valid XXXXXX XXXXXX tolerance violation of XXXXXXXXXXX XX refund in the amount of XXXXXXXXX along with XXXXX XXXX lox to borrower, copy of refund check and proof of delivery required within XXX days from consummation date of XXXXXXXXXXX Information provided     05/06/2026     A 1 XXXXXXXXXX UT 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1693590 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041349 902 XXXXXXXXXX Compliance Compliance   Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons.  Additional conditions may apply.     Information provided     05/06/2026     A 1 XXXXXXXXXX UT 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1693590 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041350 322 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit - Minimum FICO   XXXXXXXXXXX XXXXX of XXXX does not meet the minimum program requirement of XXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXXXXXXX where the guideline maximum is XXXXX XXXX of XXXXXXXX where the guideline maximum is XXXXX XXXXXXXXX XXXXXXX of XXXXXXXXXXXXX where the guideline minimum is XXXXXXX and XXXXX XXXXXXXX XXXXXXXXX of XXXXXXXX months where the guideline minimum is XX with an XXXX less than XXXXX       04/28/2026 B 2 XXXXXXXXXX UT 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1693598 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041361 1024 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Gift Receipt   XXXXXX of XXXXXXXXXX in gift funds. XXXXX it sourced and where it was deposited for funds to close. Wire confirmation provided      04/29/2026     A 1 XXXXXXXXXX AL 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1693605 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041370 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX credit report for XXXXXXXXXX XXXXXXXXXXX       05/01/2026     A 1 XXXXXXXXXX CA 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1693605 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041371 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX property has less than XXXX sq ft living space. XXXXXXX is XXXX sq ft each.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX XXXXX payment history on XX mortgages XXXX post-closing reserves of XXX months XXXX XXXXX of XXXXXXXX       05/01/2026 B 2 XXXXXXXXXX CA 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1693614 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10042511 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXX loan with rolling XXXX delinquency on home equity from XXXXXXXX to XXXXXXX   Client waived with compensating factors: XXXXXXXX mortgage paid XXX XX years, XXXX XXXX of XXXXXXXX , XXXXXXXXX is an experienced investor.       05/05/2026 B 2 XXXXXXXXXX DC 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1693670 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10049634 328 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Mortgage   XXXXXXXX verification of the borrower's primary mortgage payment history to confirm XXXXXXXX as required per guidelines under the XXXXX XXXXXXXXXX XXXXXXX the borrower's mortgage payment for XXXXXXXXX and XXXXXXXXX were paid on time and the loan closed on XXXXXXXXXXX received credit supplement     05/05/2026     A 1 XXXXXXXXXX CA 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1693713 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10069276 437 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXXXXXXX for XXXXXXXX Received XXXXX      04/28/2026     A 1 XXXXXXXXXX MA 1 1 D   A   D   A   A   A   A   A     Non-QM 1
1693713 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10069277 437 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXXXXXXX for the XXXXXXXXXXX Received XXXXX      04/28/2026     A 1 XXXXXXXXXX MA 1 1 D   A   D   A   A   A   A   A     Non-QM 1
1693713 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10069278 433 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Short funds to close   XXXXXXXXXXXXX is required but only XXXXXXXXXXXXX was verified Verified assets XXXXXXXXXXXXXX      04/29/2026     A 1 XXXXXXXXXX MA 1 1 D   A   D   A   A   A   A   A     Non-QM 1
1693713 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10069279 434 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   XX months reserves are required. Verified assets XXXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXXXXXXXXXXXX months     04/29/2026     A 1 XXXXXXXXXX MA 1 1 D   A   D   A   A   A   A   A     Non-QM 1
1693763 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10091494 998 XXXXXXXXXX Credit UW Other   UW Other - UW - Title Commitment is missing or requires correction.   XXXXX amount of XXXXXXXXXX on XXXXXX does not meet the minimum coverage requirement of XXXXXXXXXX as listed on the note. Received revised title     05/07/2026     A 1 XXXXXXXXXX NC 1 1 D   A   D   A   C   A   A   A     Non-QM 1
1693763 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10091495 898 XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXXXX tolerance violation of XXXXXXXXXX due to increase in XXXXXXX report- broker fee with no valid coc.  XXXXXXXX XXX cured XXXXXXXX leaving an additional refund of XXXXXXXXXX due to borrower.  XXXXXXX provide evidence of refund along with XXXX to borrower and XXXXX reflecting cure.  XXXX must be issued within XXX days of consummation.       05/08/2026     A 1 XXXXXXXXXX NC 1 1 D   A   D   A   C   A   A   A     Non-QM 1
1693763 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10091496 884 XXXXXXXXXX Compliance Compliance   Compliance - Pending Internal completion of compliance fee tests.  Additional conditions may apply.           05/08/2026     A 1 XXXXXXXXXX NC 1 1 D   A   D   A   C   A   A   A     Non-QM 1
1693806 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097771 320 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXX per XXXXXXXXX guidelines, a XXXXX XXXX letter is required to know the use of the funds. Received XXXXX out letter     03/10/2026     A 1 XXXXXXXXXX CA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1693809 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097785 340 XXXXXXXXXX Credit UW Other   UW Other - UW - Insurance Missing (MI or Project)   XXXXXXXXXX agent states there is rent loss included but does not cite the amount. XXXXX proof of a minimum of XX months coverage. Evidence XXXXXXXXXXXXX rent loss provided      03/09/2026     A 1 XXXXXXXXXX NC 3 1 D   B   D   B   N/A N/A A   A     Exempt 1
1693809 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097786 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX per XXXXXXXXX guidelines, the maximum XXXX for a non-warrantable condo is XXXXXX XXXXX is stacked to XXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX  XXXXXXXX on current mortgage and XXXXXXXX on past mortgage. XXXXXXXX XXXXX is XXXXXXX XXXXX XXXXX is XXXXXXXX XX minimum of XX months reserves is required. XXXXXXXXX has XXXXXX months reserves.       03/05/2026 B 2 XXXXXXXXXX NC 3 1 D   B   D   B   N/A N/A A   A     Exempt 1
1693818 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097790 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXX loan amount for program is XXXXXXXXXXXXXX XXXXX amount is XXXXXXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX months reserves when only XX months required, XXXX fico score where the minimum required is XXXXX XXXX of XXXXXXXX where the maximum allowed is XXXX        03/11/2026 B 2 XXXXXXXXXX CA 3 1 C   B   C   B   N/A N/A C   A     Exempt 1
1693818 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097792 270 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Satisfactory 2nd Appraisal Report   XXXXXXXXXXX for the XXXXXXXXX XXXXXXX XXXXXXXXXX loan program require XX appraisals based on the loan amount of XXXXXXXXXXXXXXXXXX XXXXXXXX XXXX appraisal. Received XXXX full appraisal     03/13/2026     A 1 XXXXXXXXXX CA 3 1 C   B   C   B   N/A N/A C   A     Exempt 1
1693820 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097796 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXXXXX require loans with XXXXX < XXXXX include employment information disclosed on the XXXXXXX XXXX XXXXX does not reflect employment information. Received XXXXX with employment information disclosed     03/25/2026     A 1 XXXXXXXXXX FL 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1693820 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097797 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXX for a XXXXX cash out refinance with XXXXX < XXX do not permit vacant properties. XXXX subject property is vacant. Received XX year lease     03/26/2026     A 1 XXXXXXXXXX FL 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1693823 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097800 350 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - LTV/CLTV does not meet parameters   XXXXXXXXXXXX XXX XXXXXX XXXX investor concentration max XXXX XXXX XXXXXXXXXX request XXXX XXX   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX with comp factors: XXXXX XXXX when min required XXXXX is XXXXX XXXXX XXXXXXX when min required is XXXXX XXXXXX XXXXXXXXXXXX investor, XXXXX mtg history.       04/07/2026 B 2 XXXXXXXXXX IL 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1692753 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 9811705 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXX XXXXXXXXXXX approval required for lack of multifamily management experience.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months required and XXXX fico score where the minimum required is XXX Reviewer 04/15/2026 06:47 AM;

    04/15/2026 B 2 XXXXXXXXXX IL 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1692781 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 9811737 201 XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - is missing.   XXXXXXX provide the hazard policy.     Reviewer 04/23/2026 10:02 AM; HOI provided does not reflect coverage amount.  XXXX application is not acceptable

 Client 04/23/2026 01:51 PM; Coverage amount is listed on page XX of the policy. XXXXXX you.

 Reviewer 04/23/2026 02:01 PM;

 Reviewer 04/23/2026 02:07 PM; Hello&#x0D;
XXXXX has been cleared.&#x0D;
&#x0D;
XXXXXX

 04/23/2026     A 1 XXXXXXXXXX MO 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1693056 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 9884655 868 XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - Other:   XXXXXXXX amount is not listed on XXXXXXXXXX XXXXXXX     Client 04/01/2026 12:25 PM; Premium reflected on XXXX invoice in file. XXXXXX you.

 Reviewer 04/01/2026 12:42 PM; Hello&#x0D;
XXXXX has been cleared.&#x0D;
&#x0D;
XXXXXX

 Reviewer 04/01/2026 02:33 PM;

04/01/2026     A 1 XXXXXXXXXX IL 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1693486 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041446 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXX XXXXXXXXXXX approval using market rents but treating as a XXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX months reserves when only XX months required, XXXXX of XXXXXXX where the minimum required is XXXXXX XXXX fico score where the minimum required is XXXX    Reviewer 04/08/2026 01:01 PM;

    04/08/2026 B 2 XXXXXXXXXX MO 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1693490 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041457 898 XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXXX tolerance violation for increase in XXXXXXXXXX XXXX without a valid XXXXXX XXXXXX tolerance violation of XXXXXXXXXXX XX refund in the amount of XXXXXXXXX along with XXXXX XXXX lox to borrower, copy of refund check and proof of delivery required within XXX days from consummation date of XXXXXXXXXX Information provided   Reviewer 04/16/2026 10:00 AM; Received XXXXX and XXXX to borrower.  XXXXXX of refund has not been provided

 04/20/2026     A 1 XXXXXXXXXX NV 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1693525 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041497 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXX is missing the XXXXXXX conditions addendum form XXXXXXX required for all loans in declining markets with appraisals of XXXX unit properties. Received XXX addendum. XXXX XXXXX score XXXXX XXXX XXXXXX XXX XXXXXXXXX income XXXXXXXXXX XXXX XXX   Reviewer 04/28/2026 11:02 PM; The XXXXXXX form was not received.

 05/04/2026     A 1 XXXXXXXXXX FL 3 1 C   A   A   A   N/A N/A C   A     Exempt 1
1693529 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041509 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXX for XXXX XX XXXXXXXXXXX XXXXXXX XXXXX is missing. XXXX to XXXXX and update income. Detailed in XXXXXXXXX XXXX (approved by management). XXXXXXXXX owned by the family trust. XXXXXX XXXX XXXXXXX XXXXX XXXXXXXXXXXXX XXXXXXXX XXXXXX pays all expenses. XXXXXXXXX is not the trustee only XXXXXX owner. XXXX the borrower for the property taxes only   Client 04/16/2026 05:12 PM; Detailed in XXXXXXXXX XXXX (approved by management). XXXXXXXXX owned by the family trust. XXXXXX XXXX XXXXXXX XXXXX XXXXXXXXXXXXX XXXXXXXX XXXXXX pays all expenses. XXXXXXXXX is not the trustee only XXXXXX owner. XXXXX is why we hit the borrower for the property taxes only, even though the trust pays all expenses.

 Reviewer 04/16/2026 06:10 PM; Condition has been reviewed

04/16/2026     A 1 XXXXXXXXXX LA 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1693587 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041343 335 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Calculation Incorrect   XXXXXXX from asset depletion was submitted as XXXXXXXXXXXX monthly, however audited income from asset depletion is XXXXXXXXXXXX monthly resulting in a XXXX of XXXXXXXXXX Additional income XXXXXXXXXX business XXXX statement income XXXXXXXX XXXXX XXXXXXXXX provided XXXX XXXXXX   Client 04/27/2026 06:38 PM; Please provide income calculation. XXXXXXX is showing XXXXXXXX XXXXXX XXXXXX you.

 Reviewer 04/28/2026 07:51 AM; Difference in income is due to lender used closing costs that was less than the closing costs indicated on the XXXXX XXXXXX XXXXXXX XXXXXXXXXXXXXX minus closing costs XXXXXXXXXXXXX = XXXXXXXXXXXXXX / XXX months = XXXXXXXXXXX monthly.

 05/01/2026     A 1 XXXXXXXXXX CO 1 1 C   B   C   B   A   A   C   B     Higher Priced QM (APOR) 1
1693806 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097770 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXX lease for XXXXX XXXXX XXX is not in the file. XXXXX support XXXXXXX or greater. Four-unit property. XXXXXXXXX touch XXXX is the property manager for the borrower   Reviewer 03/10/2026 02:37 PM; Documents provided did not include a lease for XXXXX XXXXX XXXXXX for XXXXXXX

 Reviewer 03/11/2026 10:00 AM; The XX leases provided reflects the lessor as XXXXXXXXX XXXXXX XXXXXXXXXXXX XXXX and not the borrower XXXXXX XXXXXXXX

 03/11/2026     A 1 XXXXXXXXXX CA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1692755 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10676907 959 XXXXXXXXXX Credit Closing Package   Closing Package - IEADS Initial Escrow Account Disclosure Missing or Incorrect   XXXX XXXXXX reflected an initial deposit amount of XXXXXXXXXXXXXX however, block XX on the XXXXXXXX XXXXXXXXXXX dated XXXXXXXXXXX reflected the XXXXXXXX XXXXXXX XXXXXXXX at XXXXXXXX as XXXXXXXXXXXXXXX XXXXXX amounts must match. XXXXXXXX updated XXXXXXX     Client 04/15/2026 11:07 AM; Hi, if XXXXXX grade, please waive. XXXXXXXX

 Reviewer 04/15/2026 12:28 PM;

 Reviewer 04/15/2026 12:35 PM; Hello&#x0D;
XXXXX has been updated and will grade as XXXXX
&#x0D;
XXXXXX

     04/15/2026 B 2 XXXXXXXXXX CA 3 3 D   B   D   B   N/A N/A A   A     Exempt 1
1693466 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041417 205 XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - property address is incorrect.   XXXXXXX provide updated hazard policy with the correct property address per legal description. XXXXXXX & XXXXX XXXXXX XXXXXXX     Reviewer 04/23/2026 08:31 AM; No documentation provided

 Reviewer 04/23/2026 08:31 AM; No documentation provided

 Reviewer 04/23/2026 08:31 AM; No documentation provided

 Client 04/24/2026 12:07 PM; Per insurance agent regarding the two parcels, the insurance carrier views this as only XX parcel as the XXXX are exactly the same. XXXXXXXX them being split by the road, an XXXXXXXXXX XXXXXXXXXXXX will view the XXXXXXXXXXX XXXXXXX website and see that as one whole lot because XXXXX does not exist when searched. XXX short, the insurance carrier is not going to accept or need another parcel to be added that is already being included as a whole. XXXXXX you.  

 Reviewer 04/24/2026 12:24 PM;

 Reviewer 04/27/2026 11:45 AM; Hello&#x0D;
XXXXX has been cleared.&#x0D;
&#x0D;
XXXXXX

 04/27/2026     A 1 XXXXXXXXXX FL 1 1 C   B   C   A   A   A   C   B     Non-QM 1
1693528 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041503 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXXXXXXXX of XXXXXXXXXXX of ownership in XXXXXXX XXXXXXXXX and date of self-employment is missing from the file. Cert of XXXX uploaded to file reflects borrower as sole member.   Reviewer 04/23/2026 09:58 AM; documents provided did not verify the date of self employment and the % of ownership

 Reviewer 04/24/2026 05:57 PM; The business registration provided reflects the formation date of XXXXXXXXXXX but does not reflect borrower as XXXXX owner and the registration status is delinquent.

 Client 04/27/2026 02:57 PM; Cert of XXXX uploaded to file reflects borrower as sole member. XXXXX has been sufficient to clear in the past. XXXXXX you.

 Reviewer 04/27/2026 03:11 PM; Condition has been reviewed

04/27/2026     A 1 XXXXXXXXXX UT 1 13 C   B   C   B   A   A   A   A     Non-QM 1
1693539 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041523 320 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXXXX XXXXXXXXXXX approval required for allowing gift funds on an investment purchase.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXX months reserves when only XX months required, XXXX fico score where the minimum required is XXXXXX XXXXX of XXXXXXX where the minimum required is XXXXX Reviewer 04/24/2026 07:58 AM;

    04/24/2026 B 2 XXXXXXXXXX WI 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1693556 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041546 959 XXXXXXXXXX Credit Closing Package   Closing Package - IEADS Initial Escrow Account Disclosure Missing or Incorrect   XXXX XXXXXX reflected an initial deposit amount of XXXXXXXXXXXXX however, block XX on the XXXXXXXX XXXXXXXXXXX dated XXXXXXXXXXX reflected the XXXXXXXX XXXXXXX XXXXXXXX at XXXXXXXX as XXXXXXXXXXXX XXXXXX amounts must match. XXXXXXXX updated XXXXXXX client acknowledged - monthly escrows are correct   Client 04/16/2026 04:01 PM; Please waive if XXXXXXXXXX XXXX XXXXXX you.

 Reviewer 04/16/2026 04:46 PM;

 Reviewer 04/17/2026 10:00 AM; Hello&#x0D;
XXXXX has been waived.&#x0D;
&#x0D;
XXXXXX

     04/17/2026 B 2 XXXXXXXXXX MD 3 1 C   B   C   B   N/A N/A C   B     Exempt 1
1693570 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041569 861 XXXXXXXXXX Credit Note   Note - Other:   XXXXXXX provide an XXXX as to why the note is dated XX days after the borrower consummated the loan. XXXXXXXXXXXXX date is XXXXXXXXXXX XXXXX date is XXXXXXXXXXX Information provided   Client 05/04/2026 12:55 PM; Title initially wanted to close on XXXXX and switched it to XXXXXXX XXXXX did not swap out the note. XXXXXX you.

 Reviewer 05/04/2026 12:56 PM;

 Reviewer 05/05/2026 12:34 PM; Hello&#x0D;
XXXXXXX upload XXXX to loan for documentation purposes.&#x0D;
&#x0D;
XXXXXX

 05/06/2026     A 1 XXXXXXXXXX LA 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1693806 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097773 328 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Mortgage   XXXXX the XXX month history for the property at XXXXX XXXXX XX Received XXX month pay history   Reviewer 03/10/2026 02:37 PM; The documents received did not include a XXX month mortgage history

 03/11/2026     A 1 XXXXXXXXXX CA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1693441 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041376 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXX XXXXXXXXXXX approval for XX new built XXXXXX on subject property.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months required, XXXX fico score where the minimum required is XXXXX XXXXX of XXXXXX where the minimum required is XXXXXX XXXX of XXXXXXXX where the max allowed is XXX Reviewer 04/14/2026 10:59 AM;

    04/14/2026 B 2 XXXXXXXXXX CA 3 3 C   B   C   B   N/A N/A C   B     Exempt 1
1693454 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041399 357 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Cash Back Exceeds Limit   XXXX cash back allowed XXXXXXX per program.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months XXXXXXXXXXXXX fico score where the minimum required is XXXXX XXXXX of XXXXXXX where the minimum required is XXXXXX   Reviewer 04/28/2026 08:17 AM;

    04/28/2026 B 2 XXXXXXXXXX AK 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1693477 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041439 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXX cash out refinance for a XXXXX XXXXX unit is XXXXXXXXXXXX XXXXXXXX cash out XXXXXXXXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXXXX investor; good pride in ownership living in primary XXXXX years; XXXXX XXXXX no derogatory credit Reviewer 04/23/2026 09:56 AM; Documents provided did not include exception for the cash out amount over XXXXXXXXX

     04/27/2026 B 2 XXXXXXXXXX NJ 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1693489 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041451 351 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - DTI exceeds maximum limit   XXXXX XXXXXXXXXXX approval for XXXX exceeding max allowed of XXXXXX XXXX XXXX is XXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX  months reserves when only XX months required, XXXX of XXXXXXXX where the max allowed is XXXXX XXXX fico score where the minimum required is XXXXX XXXXXXXXX income of XXXXXXX exceeds the minimum required of XXXXXX Reviewer 04/23/2026 12:04 PM;

    04/23/2026 B 2 XXXXXXXXXX FL 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1693495 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10099295 861 XXXXXXXXXX Credit Note   Note - Other:   XXXXX is not signed, please provide fully executed note with borrower wet signatures. (property address XXXX XXXXXX XXXXX XXXXXXXX Information provided   Reviewer 04/22/2026 02:23 PM; Note provided does not have correct property address requested

 04/29/2026     A 1 XXXXXXXXXX KY 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1693806 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097772 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXX XXX states the current rent on the subject property is XXXXXXXXX XXXXXXXXX not found to verify this amount. Property is being leased to the same individual since XXXXXXX XXXXXX lease expired, landlord continued to accept payments. XXX state of XXXXXXXXXXXX updated lease is not required and payments are month to month.   Reviewer 03/10/2026 02:35 PM; The leases received are from XXXXX - XXXXX and are not current.

 Client 03/11/2026 12:31 PM; Property is being leased to the same individual since XXXXXXX XXXXXX lease expired, landlord continued to accept payments. XXX state of XXXXXXXXXXXX updated lease is not required and payments are month to month. XXXXXX you.

 Reviewer 03/11/2026 12:45 PM; Condition has been reviewed

03/11/2026     A 1 XXXXXXXXXX CA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1693806 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097775 328 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Mortgage   XXXXX the XXX month history for the property at XXXXXX XXXX XXXXXX XX document received reflects no mortgage.   Reviewer 03/10/2026 02:37 PM; The documents received did not include a XXX month mortgage history

 03/11/2026     A 1 XXXXXXXXXX CA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1693812 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097787 435 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit report is expired   XXXXXXXX updated credit report. XXXX credit report is over the max age of XXX days from the XXXXX date. XXXX credit report in the file is XXXXXXXXXXX and the XXXXX date is XXXXXXXXX which is XXXX days old.   Received approval for credit report over XXX days. XXXXXXXXXXXXX XXXXXXXX - score XXXX minimum XXXXX XXXXX XXXXXX minimum XXXXXXX XXXX months reserve minimum XX months Reviewer 04/08/2026 03:10 PM; the document received was a blank page

     04/09/2026 B 2 XXXXXXXXXX KY 3 13 D   B   D   B   N/A N/A A   A     Exempt 1
1693820 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097795 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXX XXXX for a XXXXX cash out refinance with XXXXX < XXXXX is XXXXXX XXXXX is XXXXXXXXX including XXXXX stacked points.   Exception approval received for XXXXXX compensating XXXXXXXX - XXXXXX XXXX minimum XXXXX XXXX mos reserves minimum XX months, experienced investor Reviewer 03/26/2026 10:05 AM; Document received did not include an exception approval for XXXX XXXX

     03/27/2026 B 2 XXXXXXXXXX FL 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1432753 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 7213465 898 XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   Loan exceeds zero tolerance by $9.78 due to increase in Credit Report-Lender Fee with no valid coc. Please provide proof of $9.78 refund along with letter of explanation to borrower and PCCD reflecting cure. All must be issued within 60 days of consummation. Information provided   Reviewer 08/02/2022 12:47 PM; refund provided.

 08/02/2022     A 1 XXXXXXXXXX TX 1 1 D   A   D   A   C   A   A   A     Non-QM 1
1693056 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 9884654 861 XXXXXXXXXX Credit Note   Note - Other:   XXXXX does not reflect the interest only terms per final XX Information provided   Reviewer 04/01/2026 12:42 PM; Incorrect note form used - loan closed as XXXXX XXXX note is a fixed rate note.  XXXXX copy of note on correct note form.

04/30/2026     A 1 XXXXXXXXXX IL 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1693442 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041379 437 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXXXXXXXXXX require XXXXX for employed borrowers, XXXXX is required for XXX XXXXXX XXXXX from XXXXX XXXXX XXXXXXXXXXX and XXXXXXX Received dated XXXXX for XXXXXXXXX XXXXX   Reviewer 04/21/2026 06:25 PM; The XXXXX received for XXXXXXXXX XXXXXX is not dated by lender.

 Reviewer 04/22/2026 03:52 PM; The same document was received again and is not dated.

 04/22/2026     A 1 XXXXXXXXXX NC 1 13 D   A   D   A   A   A   A   A     Non-QM 1
1693529 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041508 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXX per XXXXXXXXX guidelines, payment shock cannot exceed XXXXX XXXXX far exceeds XXXX   Exception approval received for XXXXXXXX XXXXXXXX XXXXXXXXXXXXX XXXXXXXXX XXXX at XXXX when max XXXX for XXXX score is XXXXXX XXXXXXXXX income of XXXXXXXXXXX when the minimum is XXXXXXXXX XXXXXXXXX of XX months is required. XXXXXXXXXX have XXXXXXXX months Reviewer 04/16/2026 10:05 AM; Provide exception approval for payment shock

     04/19/2026 B 2 XXXXXXXXXX LA 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1692754 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 9811707 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX XXXXXXXXXXX approval to trail for appraisers XXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX months reserves when only XX months required, XXXX of XXXXXXXXX where the max allowed is XXXXX XXXXXXXX score where the minimum required is XXX Reviewer 04/23/2026 09:13 AM;

    04/23/2026 B 2 XXXXXXXXXX TN 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1693460 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041407 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXX management approval to use monthly expense reports in lieu of full income/expenses form completed by owner   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months required, XXXX fico score where the minimum required is XXXXX XXXXX of XXXXXXX  where the minimum required is XXXXX Reviewer 04/24/2026 08:46 AM;

    04/24/2026 B 2 XXXXXXXXXX NC 3 13 C   B   A   A   N/A N/A C   B     Exempt 1
1693466 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041416 184 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - Property address incorrect or missing   XXXXXXX provide update XXXXXX XXXXX with the correct property address per legal description. XXXXXXX & XXXXX XXXXXX XXXXXXX     Reviewer 04/23/2026 08:31 AM; No documentation provided

 Reviewer 04/23/2026 08:31 AM; No documentation provided

 Reviewer 04/23/2026 08:31 AM; No documentation provided

 04/27/2026     A 1 XXXXXXXXXX FL 1 1 C   B   C   A   A   A   C   B     Non-QM 1
1693483 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041444 868 XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - Other:   XXXXXX of insurance does not provide premium amount     Client 04/27/2026 01:09 PM; Invoice in file shows premium. XXXXXX you.

 Reviewer 04/27/2026 01:40 PM;

 Reviewer 04/28/2026 10:20 AM; Hello&#x0D;
XXXXX has been cleared.&#x0D;
&#x0D;
XXXXXX

 04/28/2026     A 1 XXXXXXXXXX TX 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1693521 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041490 327 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Rental   XXXXXXXX XXX months cancelled checks to evidence rent payments of XXXXXXXXXXXX per months required by the guideline when the verification of rent is from an individual not a management company.   Client waived with compensating factors: XXXX borrower has a XXXX XXXXX with a minimum XXXXX of XXXXXX XXXX XXXXX to XXXXXXX ratio is XXXXXXXXX and the max XXXXX to XXXXXXX XXXXXX is XXXXXX XXXX residual income is XXXXXXXXXXXXX and the minimum residual income is XXXXXXXXXX Reviewer 04/22/2026 06:45 PM; Received evidence of rent payments for XXXX XXXXXX XXXX XXXXX and XXXX XXXXXXX did not receive XXX months payment history

     04/23/2026 B 2 XXXXXXXXXX UT 1 1 C   B   C   B   A   A   C   A     Non-QM 1
1693529 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041510 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXX for XXXX XXXX XXX property is missing. XXXXXXX XXXXX and update income. PITI for XXXX XXXX XXXXX XXXX XXXX XXXXX & XXXXXXXX property is not owned by the borrower.    Client 04/16/2026 05:13 PM; PITI for XXXX XXXX XXXXX XXXX XXXX XXXXX &amp; XXXXXXXX property is owned by XXXXXX XXXXXXXX XXXXXXXXXXX not our borrower. XXX debt was listed for this property. XXXXXX you.

 Reviewer 04/16/2026 06:10 PM; Condition has been reviewed

04/16/2026     A 1 XXXXXXXXXX LA 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1693614 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10042512 320 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXXXXX for cash out greater than XXXXXXXXXX with XXXXX < XXXX borrower received XXXXXXXXXXXXXXX   Client waived with compensating factors: XXXXXXXX mortgage paid XXX XX years, XXXX XXXX of XXXXXXXX , XXXXXXXXX is an experienced investor. Reviewer 05/06/2026 07:01 AM; Max cash out allowed is XXXXXXXXXXXXXX per matrix.

     05/05/2026 B 2 XXXXXXXXXX DC 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1693806 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097769 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXX lease for XXXXX XXXXX XXX is not in the file. XXX must support XXXXXXX a month or greater. Four-unit property. XXXXXXXXX touch XXXX is the property manager for the borrower   Reviewer 03/10/2026 02:37 PM; Documents provided did not include a lease for XXXXX XXXXX XXXXXX for XXXXXXX

 Reviewer 03/11/2026 10:00 AM; The XX leases provided reflects the lessor as XXXXXXXXX XXXXXX XXXXXXXXXXXX XXXX and not the borrower XXXXXX XXXXXXXX

 Client 03/11/2026 12:07 PM; For XXXXX and XXXXX XXXXXX  XXXXX are XX unit properties and the total of lease agreements for each unit totals XXXXXXX and XXXXXXXXX  XXXXXXXXX touch XXXX is the property manager for the borrower. XXXXXX you.

 Reviewer 03/11/2026 12:39 PM; Condition has been reviewed

03/11/2026     A 1 XXXXXXXXXX CA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1693818 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097789 338 XXXXXXXXXX Credit UW Other   UW Other - UW - Contract approval incomplete/not current   XXXXXX executed purchase contract with seller acceptance missing in loan file. Received ratified contract of sale   Reviewer 03/22/2026 09:37 AM; Document received was a blank page

 03/31/2026     A 1 XXXXXXXXXX CA 3 1 C   B   C   B   N/A N/A C   A     Exempt 1
1693556 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041547 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXX management approval for subject located in declining market.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX XXXXXXX months reserves when only XX months required, XXXX fico score where the minimum required is XXX Reviewer 04/16/2026 03:05 PM;

    04/16/2026 B 2 XXXXXXXXXX MD 3 1 C   B   C   B   N/A N/A C   B     Exempt 1
1693818 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097791 446 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Evidence income continues at least 3 years   XXXXXXXX of XX years income continuance required. XXXXXXXXX has XX years and XX months of continuance.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX months reserves when only XX months required, XXXX fico score where the minimum required is XXXXX XXXX of XXXXXXXX where the maximum allowed is XXXX  Reviewer 03/11/2026 01:48 PM;

    03/11/2026 B 2 XXXXXXXXXX CA 3 1 C   B   C   B   N/A N/A C   A     Exempt 1
1692776 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 9811732 435 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit report is expired   XXXXXXXX credit report dated no later than XXX days from the note date of XXXXXXXXXXXXX XXXX credit report in the file is dated XXXXXXXXXXX which is XXXX days old. Updated loan approval reflects management approval of credit up to XXXX days   Client 04/21/2026 02:49 PM; Updated loan approval reflects management approval of credit up to XXXX days. XXXXXX you.

 Reviewer 04/21/2026 03:24 PM; Condition has been reviewed

04/21/2026     A 1 XXXXXXXXXX UT 3 1 D   A   D   A   N/A N/A A   A     Exempt 1
1693439 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041375 350 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - LTV/CLTV does not meet parameters   XXX per XXXXXXXXX guidelines, the maximum XXXX for an XXXXXXXXX XXXXX loan is XXXXXX XXXXX XXXX is XXXX with no stacking shown on the XXXXXX XXXXXXXXXX Updated XXXXX XXXXXXXXX provided evidencing XXXX is stacked XXXXX    Client 05/01/2026 11:57 AM; Confirming base ltv for this loan was XXXXXX XXXXX is within guidelines. XXXXXX you.

 Reviewer 05/01/2026 04:25 PM; Condition has been reviewed

05/01/2026     A 1 XXXXXXXXXX NC 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1693487 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041449 387 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Taxes and Insurance documentation   XXXXXXXX XXXX XXXXXXXXXXX or letter from borrower stating there are no XXXX fees on all owned properties. XXXXXXX shows most properties have XXXX XXXXXX Tax returns were used to calculate the income. XXXXXX are statements that include XXXX dues on the tax returns XXXXXXXXX XXXX XXXXXXXXXXXXX were based on the bottom number on the XXXXXXXXX XX plus depreciation.   Client 04/27/2026 02:24 PM; Tax returns were used to calculate the income.  XXXXXX are statements that include XXXX dues on the tax returns. XXX has some XXXXXXXXX XX and XXXXXXXXX XX income plus XXXXXXXXX XXX calculate based on the bottom number on the XXXXXXXXX XX plus depreciation. XXX he had XXXX dues, they are calculated there. XXXXXXX see page XXX of the XXXXXXXXXXXXXX you.

 Reviewer 04/27/2026 03:01 PM; Condition has been reviewed

04/27/2026     A 1 XXXXXXXXXX FL 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1693490 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041455 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXX shock over XXXXXX requires XXXXX XXXXXXXXXXX approval. XXXXXXXX shock on subject is XXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months required, XXXX fico score where the minimum required is XXXXX XXXX of XXX where the max allowed is XXX Reviewer 04/10/2026 09:28 AM;

    04/10/2026 B 2 XXXXXXXXXX NV 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1693588 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10041346 899 XXXXXXXXXX Compliance Compliance   Compliance -  Finance Charge is Understated by more than $100   XXXXXXXX charge understated XXXXXXXXXXXX  XXXXXXX provide evidence of refund along with XXXX to borrower and XXXXX reflecting refund.  XXXX must be issued within XXX days of consummation Information provided   Client 04/28/2026 12:07 PM; Compliance team is requesting your calculation for the finance charge so that we may review on our end. XXXXXX you.

 Reviewer 04/28/2026 12:19 PM;

 Reviewer 04/29/2026 02:33 PM; Hello&#x0D;
XXXX compliance test has been uploaded for your review.&#x0D;
&#x0D;
XXXXXX

 05/06/2026     A 1 XXXXXXXXXX FL 1 1 C   A   A   A   C   A   A   A     Non-QM 1
1693713 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10069275 868 XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - Other:   XXXXXXXXXX XXXXXXX has no policy  XXX number Information provided   Reviewer 04/30/2026 09:51 AM; No documentation provided

 Reviewer 05/04/2026 10:11 AM; Document provided is blank

 05/07/2026     A 1 XXXXXXXXXX MA 1 1 D   A   D   A   A   A   A   A     Non-QM 1
1693806 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10097774 328 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Mortgage   XXXXX the XXX month history for the property at XXXXX XXXXX XX Received XXX month pay history   Reviewer 03/10/2026 02:37 PM; The documents received did not include a XXX month mortgage history

 03/11/2026     A 1 XXXXXXXXXX CA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1693443 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 10763921 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXX XXXXXXXXXXX approval using current rent from new lease to qualify and using the tenant estoppels for units XXXX in lieu of proof of receipt and waived the requirement for unit XXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months required, XXXX fico score where the minimum required is XXXXXX  Reviewer 04/20/2026 10:27 AM;

    04/20/2026 B 2 XXXXXXXXXX NJ 3 1 C   C   C   B   N/A N/A C   C     Exempt 1