|
Loan ID
|
Seller Loan ID
|
Redaction ID
|
Overall Initial Loan Grade
|
Overall Final Loan Grade
|
Credit Initial Loan Grade
|
Credit Current/Final Loan Grade
|
Compliance Initial Loan Grade
|
Compliance Current/Final Loan Grade
|
Property Initial Loan Grade
|
Property Current/Final Loan Grade
|
Queue
|
Finding Code
|
Date Created
|
Date Modified
|
Finding Status
|
Event Level
|
Initial Finding Grade
|
Current/Final Finding Grade
|
Finding Category
|
Finding Sub Category
|
Finding Name
|
Finding Comments
|
Seller Comments
|
Resolution Comments
|
Reviewer Comp Factor
|
Originator Comp Factors
|
Finding Documents
|
Originator QM Status
|
Final Reviewed QM Status
|
Loan Amount
|
Property State
|
Occupancy
|
Loan Purpose
|
Refinance Purpose
|
Acknowledged / WaivedBy
|
Waiver in File?
|
Unique Finding ID
|
|
XXXX
|
XXXX
|
409016403
|
C
|
A
|
C
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FCRE0970
|
2025-06-27 16:36
|
2025-07-15 16:25
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Eligibility
|
Appraisal has issues (credit)
|
Resolved-Received revised appraisal confirming full size fridge in each unit. - Due Diligence Vendor-07/15/2025
Ready for Review-Document Uploaded. updated appraisal - Seller-07/14/2025
Open-Guidelines require a full-size refrigerator for all units. The photos provided do not show them. Provide updated photos to include alternate views of the
kitchen and the refrigerators. Please note that the property is not yet finalized, and additional information and/or documentation may be required. - Due Diligence Vendor-06/27/2025
|
Ready for Review-Document Uploaded. updated appraisal - Seller-07/14/2025
|
Resolved-Received revised appraisal confirming full size fridge in each unit. - Due Diligence Vendor-07/15/2025
|
DSCR =/> 1.00 and minimum is 0.85 or Less - 1.013 vs. min of 0.80
Months Reserves exceed minimum required - > 66 months available vs. 3 months required
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
N/A
|
N/A
|
4591845
|
|
|
XXXX
|
XXXX
|
409016403
|
C
|
A
|
C
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FCRE7009
|
2025-06-27 16:30
|
2025-07-01 15:06
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Insurance
|
Hazard insurance dwelling coverage is not sufficient
|
Resolved-Received confirmation of 100% replacement cost. - Due Diligence Vendor-07/01/2025
Ready for Review-Document Uploaded. insurance shows 100% replacement which is sufficient - Seller-06/29/2025
Open-Insufficient Coverage Amount for Insured Subject Property. Minimum required coverage is = to the Estimate of Cost-New from the appraisal XXXX- Due
Diligence Vendor-06/27/2025
|
Ready for Review-Document Uploaded. insurance shows 100% replacement which is sufficient - Seller-06/29/2025
|
Resolved-Received confirmation of 100% replacement cost. - Due Diligence Vendor-07/01/2025
|
DSCR =/> 1.00 and minimum is 0.85 or Less - 1.013 vs. min of 0.80
Months Reserves exceed minimum required - > 66 months available vs. 3 months required
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
N/A
|
N/A
|
4591757
|
|
|
XXXX
|
XXXX
|
409016403
|
C
|
A
|
C
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FCRE1204
|
2025-06-27 16:41
|
2025-07-01 15:04
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Eligibility
|
Fraud Report Shows Uncleared Alerts
|
Resolved-Received proof alerts cleared. - Due Diligence Vendor-07/01/2025
Ready for Review-Document Uploaded. cleared alerts - Seller-06/29/2025
Open-Fraud Report Shows Uncleared Alerts - Due Diligence Vendor-06/27/2025
|
Ready for Review-Document Uploaded. cleared alerts - Seller-06/29/2025
|
Resolved-Received proof alerts cleared. - Due Diligence Vendor-07/01/2025
|
DSCR =/> 1.00 and minimum is 0.85 or Less - 1.013 vs. min of 0.80
Months Reserves exceed minimum required - > 66 months available vs. 3 months required
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
N/A
|
N/A
|
4592015
|
|
|
XXXX
|
XXXX
|
409019146
|
C
|
A
|
C
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FCRE1510
|
2025-07-17 10:40
|
2025-07-29 12:07
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Closing
|
Issues exist on the Mortgage Document (Deed of Trust)
|
Resolved-Received DOT w/Legal. - Due Diligence Vendor-07/29/2025
Ready for Review-Document Uploaded. please find the dot w/legal - Seller-07/28/2025
Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing legal description - Due Diligence
Vendor-07/17/2025
|
Ready for Review-Document Uploaded. please find the dot w/legal - Seller-07/28/2025
|
Resolved-Received DOT w/Legal. - Due Diligence Vendor-07/29/2025
|
Qualifying FICO score is at least 20 points above minimum for program - 620 required, subject 642.
LTV is less than guideline maximum - 70 allowed, subject 62.75
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
N/A
|
N/A
|
4851248
|
|
|
XXXX
|
XXXX
|
409019337
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
|||||||||||||||||
|
XXXX
|
XXXX
|
409021029
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
|||||||||||||||||
|
XXXX
|
XXXX
|
409021547
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
|||||||||||||||||
|
XXXX
|
XXXX
|
409024886
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
XXXX
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
XXXX
|
XX
|
Second Home
|
Refinance
|
Cash Out - Other
|
|||||||||||||||||
|
XXXX
|
XXXX
|
409024996
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
XXXX
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
|||||||||||||||||
|
XXXX
|
XXXX
|
409040497
|
D
|
B
|
C
|
A
|
D
|
B
|
A
|
A
|
Closed
|
FCRE1440
|
2025-12-01 03:20
|
2025-12-12 16:23
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-Bank statements provided with 12 months receipt of rent payments and processor cert. explaining the payments. - Due Diligence Vendor-12/12/2025
Ready for Review-Document Uploaded. Sorry, please see attached VOR. Bug occurred here as well. - Seller-12/10/2025
Ready for Review-Document Uploaded. Please see attached processor cert, VOR, and verification of rent payments. 6 Months of rent payments documented. -
Seller-12/10/2025
Open-Housing History Does Not Meet Guideline Requirements Missing evidence of additional 6 months rent payments. Guidelines require the most recent 6 months
cancelled checks to support payments to private landlords. File includes evidence of cash app payment for XXXX (PDF 588). File also includes a transaction history for Account ending XXXX that show XXXX payments in the amount of rent but are
not made payable to landlord (PDF 560). Audit is unable to determine if this document was provided to support rent payments. Additional findings may apply. - Due Diligence Vendor-12/01/2025
|
Ready for Review-Document Uploaded. Sorry, please see attached VOR. Bug occurred here as well. - Seller-12/10/2025
Ready for Review-Document Uploaded. Please see attached processor cert, VOR, and verification of rent payments. 6 Months of rent payments documented. -
Seller-12/10/2025
|
Resolved-Bank statements provided with 12 months receipt of rent payments and processor cert. explaining the payments. - Due Diligence Vendor-12/12/2025
|
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 814
Qualifying DTI below maximum allowed - Required is 50 Borrower has 12.9
|
XXXX
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
6424344
|
|
|
XXXX
|
XXXX
|
409040497
|
D
|
B
|
C
|
A
|
D
|
B
|
A
|
A
|
Closed
|
FCRE1254
|
2025-12-01 01:57
|
2025-12-12 15:30
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Title
|
Property Title Issue
|
Resolved-Final title policy provided with all items cleared. - Due Diligence Vendor-12/12/2025
Ready for Review-Document Uploaded. Please see attached trust cert as well - Seller-12/11/2025
Ready for Review-Document Uploaded. Sorry, there seems to be a bug where trying to drag an drop multiple files at ones duplicates one of the files and erases
the others. Please see attached title policy. - Seller-12/10/2025
Ready for Review-Document Uploaded. Please see attached updated title policy and email from title agent - Seller-12/10/2025
Open-Property Title Issue Missing evidence that items 8-9 (PDF 152) were satisfied. Item 8 requires a Certification of trust for sellers. Trust
certification (PDF 585) in file is not executed. Item 9 requires a Confidential Statement of Information from or on behalf of sellers. Item 10 requires a suitable Owner's Declaration (form ORT 174). Additional findings may apply. - Due
Diligence Vendor-12/01/2025
|
Ready for Review-Document Uploaded. Please see attached trust cert as well - Seller-12/11/2025
Ready for Review-Document Uploaded. Sorry, there seems to be a bug where trying to drag an drop multiple files at ones duplicates one of the files and erases
the others. Please see attached title policy. - Seller-12/10/2025
Ready for Review-Document Uploaded. Please see attached updated title policy and email from title agent - Seller-12/10/2025
|
Resolved-Final title policy provided with all items cleared. - Due Diligence Vendor-12/12/2025
|
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 814
Qualifying DTI below maximum allowed - Required is 50 Borrower has 12.9
|
XXXX
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
6424069
|
|
|
XXXX
|
XXXX
|
409040497
|
D
|
B
|
C
|
A
|
D
|
B
|
A
|
A
|
Closed
|
FCRE1491
|
2025-12-01 03:49
|
2025-12-12 15:24
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Assets
|
Asset Qualification Does Not Meet Guideline Requirements
|
Resolved-Transaction summary showing XXXX check XXXX cleared the account. - Due Diligence Vendor-12/12/2025
Ready for Review-Document Uploaded. Uploaded copy of transaction summary showing check XXXX cleared his account on XXXX. - Seller-12/10/2025
Open-Asset Qualification Does Not Meet Guideline Requirements Missing documentation supporting that check XXXX cleared XXXX (PDF 526) was for EMD. Additional
findings may apply since Audit included the check as cleared EMD. - Due Diligence Vendor-12/01/2025
|
Ready for Review-Document Uploaded. Uploaded copy of transaction summary showing check XXXX cleared his account on XXXX. - Seller-12/10/2025
|
Resolved-Transaction summary showing $11,000 check XXXX cleared the account. - Due Diligence Vendor-12/12/2025
|
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 814
Qualifying DTI below maximum allowed - Required is 50 Borrower has 12.9
|
XXXX
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
6424464
|
|
|
XXXX
|
XXXX
|
409040497
|
D
|
B
|
C
|
A
|
D
|
B
|
A
|
A
|
Closed
|
FCRE1482
|
2025-12-01 03:49
|
2025-12-12 15:11
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Assets
|
Asset 4 Does Not Meet Guideline Requirements
|
Resolved-Email from XXXX obtained stating they will accept an EA letter. - Due Diligence Vendor-12/12/2025
Open-Asset 4 Does Not Meet Guideline Requirements Missing CPA letter attesting that the use of business funds will not impact business activities. File
includes an EA letter providing the attestation (PDF 289). Additional findings may apply since 100% of the business assets were used for asset qualification. - Due Diligence Vendor-12/01/2025
|
Resolved-Email from XXXX obtained stating they will accept an EA letter. - Due Diligence Vendor-12/12/2025
|
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 814
Qualifying DTI below maximum allowed - Required is 50 Borrower has 12.9
|
XXXX
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
6424463
|
||
|
XXXX
|
XXXX
|
409040497
|
D
|
B
|
C
|
A
|
D
|
B
|
A
|
A
|
Closed
|
FCOM1301
|
2025-11-26 13:37
|
2025-12-11 08:51
|
Resolved
|
1 - Information
|
D
|
A
|
Compliance
|
Missing Doc
|
Home Loan Toolkit is Missing
|
Resolved-------Received evidence of delivery of Toolkit, finding resolved. - Due Diligence Vendor-12/11/2025
Ready for Review-Document Uploaded. To maintain doc integrity, I've just uploaded the entire initial disclosure package exactly as obtained from XXXX eSign
console. Please see pages 83-84 which demonstrate that the HLTK was included with the initial documens sent on XXXX - Seller-12/10/2025
Counter------Received copy of toolkit, missing evidence of delivery within 3 business day sof application date of XXXX - Due Diligence Vendor-12/10/2025
Ready for Review-Document Uploaded. esign certificate & copy of HLTK attached. - Seller-12/09/2025
Open-The Home Loan Toolkit disclosure is missing. - Due Diligence Vendor-11/26/2025
|
Ready for Review-Document Uploaded. To maintain doc integrity, I've just uploaded the entire initial disclosure package exactly as obtained from XXXX eSign
console. Please see pages 83-84 which demonstrate that the HLTK was included with the initial documens sent on XXXX - Seller-12/10/2025
Ready for Review-Document Uploaded. esign certificate & copy of HLTK attached. - Seller-12/09/2025
|
Resolved-------Received evidence of delivery of Toolkit, finding resolved. - Due Diligence Vendor-12/11/2025
|
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 814
Qualifying DTI below maximum allowed - Required is 50 Borrower has 12.9
|
XXXX
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
6405194
|
|
|
XXXX
|
XXXX
|
409040497
|
D
|
B
|
C
|
A
|
D
|
B
|
A
|
A
|
Closed
|
FCOM9998
|
2025-11-26 16:47
|
2025-12-10 08:00
|
Resolved
|
1 - Information
|
C
|
A
|
Compliance
|
TRID
|
Closing Disclosure Issue
|
Resolved------Received client attestation origination fee is lender paid broker fee. Finding resolved. - Due Diligence Vendor-12/10/2025
Ready for Review-I have just pulled the most recent version of the TRID Guide (v 2.1) from the XXXX website. Page 38 confirms: "Only items paid directly by
the consumer to compensate a loan originator are Origination Charges. Do not disclose compensation to a loan originator paid indirectly by a creditor through the interest rate on the Loan Estimate. "
That seems fairly clear that Lender-paid broker comp should NOT be dlsclosed on the LE. In addition, the final CD clearly indicates the fee was paid by the
lender to the broker.
Please clarify what you need from us in order to resolve this finding. - Seller-12/09/2025
Open-Final CD reflects a Loan Origination fee paid by Lender that was not disclosed on initial LE nor has a COC been provided for this increase. If this fee
is Loan Originator Compensation, it must be identified as such on the final CD. A Loan Origination fee is a borrower paid fee and included in tolerance testing unless previously agreed this would be a lender responsibility per a Rate-Lock
agreement or similar documentation. Fee clarification must be provided and upon receipt, additional findings may apply. - Due Diligence Vendor-11/26/2025
|
Ready for Review-I have just pulled the most recent version of the TRID Guide (v 2.1) from the XXXX website. Page 38 confirms: "Only items paid directly by
the consumer to compensate a loan originator are Origination Charges. Do not disclose compensation to a loan originator paid indirectly by a creditor through the interest rate on the Loan Estimate. "
That seems fairly clear that Lender-paid broker comp should NOT be dlsclosed on the LE. In addition, the final CD clearly indicates the fee was paid by the
lender to the broker.
Please clarify what you need from us in order to resolve this finding. - Seller-12/09/2025
|
Resolved------Received client attestation origination fee is lender paid broker fee. Finding resolved. - Due Diligence Vendor-12/10/2025
|
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 814
Qualifying DTI below maximum allowed - Required is 50 Borrower has 12.9
|
XXXX
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
6408951
|
|
|
XXXX
|
XXXX
|
409040497
|
D
|
B
|
C
|
A
|
D
|
B
|
A
|
A
|
Closed
|
FCOM5135
|
2025-11-26 13:37
|
2025-11-26 13:37
|
Waived
|
2 - Non-Material
|
B
|
B
|
Compliance
|
Missing Doc
|
Missing Required Affiliated Business Disclosure
|
Waived-Required Affiliated Business Disclosure Missing ----- Originator waiver applied to non-material Findings.
- Due Diligence Vendor-11/26/2025
|
Waived-Required Affiliated Business Disclosure Missing ----- Originator waiver applied to non-material Findings.
- Due Diligence Vendor-11/26/2025
|
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 814
Qualifying DTI below maximum allowed - Required is 50 Borrower has 12.9
|
XXXX
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
Originator Post-Close
|
No
|
6405195
|
||
|
XXXX
|
XXXX
|
409035465
|
C
|
B
|
C
|
B
|
A
|
A
|
A
|
A
|
Closed
|
FCRE1197
|
2026-01-06 12:33
|
2026-01-09 12:35
|
Waived
|
2 - Non-Material
|
C
|
B
|
Credit
|
Eligibility
|
Audited FICO is less than Guideline FICO
|
Waived-Originator provided a waiver for FICO, applied to non material finding with comp factors - Due Diligence Vendor-01/09/2026
Ready for Review-Document Uploaded. exception - Seller-01/08/2026
Open-Audited FICO of 668 is less than Guideline FICO of 700 Minimum FICO is 700 for an IO loan. - Due Diligence Vendor-01/06/2026
|
Ready for Review-Document Uploaded. exception - Seller-01/08/2026
|
Waived-Originator provided a waiver for FICO, applied to non material finding with comp factors - Due Diligence Vendor-01/09/2026
|
LTV is less than guideline maximum - Required is 75 Borrower has 70
DSCR =/> 1.00 and minimum is 0.85 or Less - dscr of 1.038 Required is 0.8 Borrower has 1.038
|
Reserves 12+ Months
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
Originator Post-Close
|
No
|
6938707
|
|
XXXX
|
XXXX
|
409041065
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Purchase
|
NA
|
|||||||||||||||||
|
XXXX
|
XXXX
|
409035476
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
|||||||||||||||||
|
XXXX
|
XXXX
|
409033568
|
D
|
A
|
D
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FCRE1194
|
2025-12-30 13:49
|
2026-01-06 16:17
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Eligibility
|
Audited LTV Exceeds Guideline LTV
|
Resolved-Matrix updated in the system. Max LTV is 80% with a 5% reduction - Due Diligence Vendor-01/06/2026
Ready for Review-Document Uploaded. loan program locked and closed under Noni+ program which allows 80% max LTV for c/o transactions. Uploaded snips, Please
clear - Seller-01/05/2026
Counter-Subject property is noted as declining market, 5% reduction required. Finding remains. - Due Diligence Vendor-01/02/2026
Ready for Review-Document Uploaded. Per matrix, max LTV for cash out refi with fico 762 is 75%. Please clear, uploaded snip - Seller-12/30/2025
Open-Audited LTV of 75% exceeds Guideline LTV of 70% - Due Diligence Vendor-12/30/2025
|
Ready for Review-Document Uploaded. loan program locked and closed under XXXX program which allows 80% max LTV for c/o transactions. Uploaded snips, Please
clear - Seller-01/05/2026
Ready for Review-Document Uploaded. Per matrix, max LTV for cash out refi with fico 762 is 75%. Please clear, uploaded snip - Seller-12/30/2025
|
Resolved-Matrix updated in the system. Max LTV is 80% with a 5% reduction - Due Diligence Vendor-01/06/2026
|
Months Reserves exceed minimum required - 14 months verified exceeds 6 months required.
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 762 Required is 660 Borrower has 762
|
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
N/A
|
N/A
|
6858357
|
|
XXXX
|
XXXX
|
409033568
|
D
|
A
|
D
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FCRE0700
|
2025-12-22 14:58
|
2026-01-02 11:37
|
Resolved
|
1 - Information
|
D
|
A
|
Credit
|
Missing Doc
|
Closing Detail Statement Document is Missing
|
Resolved-Received certified final HUD-1 - Due Diligence Vendor-01/02/2026
Ready for Review-Document Uploaded. Please see uploaded Final settlement statement. - Seller-12/31/2025
Open-Closing Detail Statement Document is Missing and subject property is an Investment property. - Due Diligence Vendor-12/22/2025
|
Ready for Review-Document Uploaded. Please see uploaded Final settlement statement. - Seller-12/31/2025
|
Resolved-Received certified final HUD-1 - Due Diligence Vendor-01/02/2026
|
Months Reserves exceed minimum required - 14 months verified exceeds 6 months required.
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 762 Required is 660 Borrower has 762
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
N/A
|
N/A
|
6744633
|
|
|
XXXX
|
XXXX
|
409033679
|
C
|
A
|
A
|
A
|
A
|
A
|
C
|
A
|
Closed
|
FVAL2477
|
2026-01-07 15:11
|
2026-01-09 13:17
|
Resolved
|
1 - Information
|
C
|
A
|
Property
|
Appraisal
|
Appraisal incomplete (missing map, layout, pages, etc.)
|
Resolved-Received appraisal - Due Diligence Vendor-01/13/2026
Ready for Review-Document Uploaded. Sorry please see PD with full images pages of appraisal thank u :) - Seller-01/08/2026
Open-Appraisal in loan file has the bottom of all the pages cutoff. - Due Diligence Vendor-01/07/2026
|
Ready for Review-Document Uploaded. Sorry please see PD with full images pages of appraisal thank u :) - Seller-01/08/2026
|
Resolved-Received appraisal - Due Diligence Vendor-01/13/2026
|
Months Reserves exceed minimum required - > 270 vs. 3 months required
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 742
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
N/A
|
N/A
|
6967544
|
|
|
XXXX
|
XXXX
|
409033720
|
D
|
A
|
D
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FPRO1245
|
2026-01-12 11:08
|
2026-01-30 14:12
|
Resolved
|
1 - Information
|
D
|
A
|
Credit
|
Missing Doc
|
Appraisal is Expired
|
Resolved-Received Recertification of Value - Due Diligence Vendor-01/30/2026
Ready for Review-Document Uploaded. 1004D uploaded - Seller-01/28/2026
Counter-The appraiser only updated the date on the Appraisal license section under "Date of Signature and Report". Same section states Effective date of the
appraisal XXXX. The only update on the appraisal was the comment added on pg. 3 of 6, adding pictures of smoke detectors and water heater. No update of value mentioned. Recertification of value is still required. - Due Diligence
Vendor-01/14/2026
Ready for Review-Per Client: received the below suspense on this file. However the appraisal was revised showing updated on XXXX. - Due Diligence
Vendor-01/14/2026
Open-Primary Value Appraisal is Expired The appraisal report is over 120 days of the Note date and the file does not contain a recertification of value. - Due
Diligence Vendor-01/12/2026
|
Ready for Review-Document Uploaded. 1004D uploaded - Seller-01/28/2026
|
Resolved-Received Recertification of Value - Due Diligence Vendor-01/30/2026
|
Long term residence - The borrower has owned the subject property for 18 years.
LTV is less than guideline maximum - Required is 70 Borrower has 50.85
Months Reserves exceed minimum required - 80.12 mos reserves; 0 required
|
XXXX
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
XXXX
|
XX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
N/A
|
N/A
|
7042062
|
|
|
XXXX
|
XXXX
|
409033592
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
XXXX
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
|||||||||||||||||
|
XXXX
|
XXXX
|
409039832
|
C
|
B
|
C
|
B
|
A
|
A
|
C
|
A
|
Closed
|
FCRE1200
|
2026-01-22 14:29
|
2026-01-23 13:30
|
Waived
|
2 - Non-Material
|
C
|
B
|
Credit
|
Eligibility
|
Audited Loan Amount is less than Guideline Minimum Loan Amount
|
Waived-Originator waiver applied to non-material finding with compensating factors. Exception for Loan amount below $300,000. - Due Diligence
Vendor-03/26/2026
Ready for Review-Document Uploaded. Loan amount exception - Seller-01/23/2026
Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of $300000 . Exception not provided. - Due Diligence Vendor-01/22/2026
|
Ready for Review-Document Uploaded. Loan amount exception - Seller-01/23/2026
|
Waived-Originator waiver applied to non-material finding with compensating factors. Exception for Loan amount below $300,000. - Due Diligence
Vendor-03/26/2026
|
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 710 Required is 680 Borrower has 710
LTV is less than guideline maximum - Required is 80 Borrower has 75 Required is 80 Borrower has 75
|
710 fico
75% LTV, 80% max
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
Originator Post-Close
|
Yes
|
7252143
|
|
XXXX
|
XXXX
|
409039832
|
C
|
B
|
C
|
B
|
A
|
A
|
C
|
A
|
Closed
|
FVAL1563
|
2026-01-22 11:50
|
2026-01-23 12:12
|
Resolved
|
1 - Information
|
C
|
A
|
Property
|
Appraisal
|
Unsupported adjustments or comps
|
Resolved-After further review, comps reviewed are not excessive and are reasonable. condition resolved - Due Diligence Vendor-01/23/2026
Open-Comp 1 gross adjustments exceeds <25% - Due Diligence Vendor-01/22/2026
|
Resolved-After further review, comps reviewed are not excessive and are reasonable. condition resolved - Due Diligence Vendor-01/23/2026
|
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 710 Required is 680 Borrower has 710
LTV is less than guideline maximum - Required is 80 Borrower has 75 Required is 80 Borrower has 75
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
N/A
|
N/A
|
7246611
|
||
|
XXXX
|
XXXX
|
409041055
|
D
|
A
|
D
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FCRE1316
|
2026-01-23 09:05
|
2026-05-01 16:59
|
Resolved
|
1 - Information
|
D
|
A
|
Credit
|
Missing Doc
|
Borrower 1 3rd Party VOE Prior to Close Missing
|
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-05/01/2026
Resolved-Received VVOE for B1 - Due Diligence Vendor-01/27/2026
Ready for Review-Document Uploaded. Please see attached - Buyer-01/23/2026
Open-Borrower 1 3rd Party VOE Prior to Close Missing not provided - Due Diligence Vendor-01/23/2026
|
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-05/01/2026
Resolved-Received VVOE for B1 - Due Diligence Vendor-01/27/2026
|
LTV is less than guideline maximum - Required is 80 Borrower has 20.69
Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.22
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 769
|
XXXX
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
XXXX
|
XX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
N/A
|
N/A
|
7266999
|
||
|
XXXX
|
XXXX
|
409041055
|
D
|
A
|
D
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FCRE1320
|
2026-01-23 09:05
|
2026-05-01 16:59
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Income/Employment
|
Borrower 1 Personal Tax Returns Less Than 24 Months Provided
|
Resolved-Borrower 1 Personal Tax Returns Less Than 24 Months Provided Condition Resolved - Due Diligence Vendor-05/01/2026
Resolved-1040s not required; 2 years W2s were provided. - Due Diligence Vendor-01/28/2026
Ready for Review-Borrower 1 (XXXX) was a wage earner with paystubs & W2s. Therefore, 1040s was not required.
Co-Borrower (XXXX) had some rental reported on the Schedule E of the 1040s. Therefore, only the Co-Borrower 1040s & Transcripts.
- Buyer-01/27/2026
Counter-Received schedule E for B2. Missing 2024 1040s for B1 - Due Diligence Vendor-01/27/2026
Ready for Review-Document Uploaded. Please see attached - Buyer-01/23/2026
Open-Borrower 1 Personal Tax Returns Less Than 24 Months Provided only 1 year provided - Due Diligence Vendor-01/23/2026
|
Resolved-Borrower 1 Personal Tax Returns Less Than 24 Months Provided Condition Resolved - Due Diligence Vendor-05/01/2026
Resolved-1040s not required; 2 years W2s were provided. - Due Diligence Vendor-01/28/2026
|
LTV is less than guideline maximum - Required is 80 Borrower has 20.69
Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.22
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 769
|
XXXX
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
XXXX
|
XX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
N/A
|
N/A
|
7267001
|
||
|
XXXX
|
XXXX
|
409039843
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
|||||||||||||||||
|
XXXX
|
XXXX
|
409042395
|
C
|
A
|
A
|
A
|
C
|
A
|
A
|
A
|
Closed
|
finding-3634
|
2026-02-12 16:35
|
2026-02-24 09:19
|
Resolved
|
1 - Information
|
C
|
A
|
Compliance
|
TRID
|
Charges That Cannot Increase Test
|
Resolved-Received CD and COC XXXX. Finding Resolved. - Due Diligence Vendor-02/24/2026
Ready for Review-Document Uploaded. coc for recert - Seller-02/23/2026
Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination
according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $150.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of
the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).
----- Zero (0%) tolerance fees increased by $150.00 (Recert Fee) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $150.00, post-close CD, LOE and
evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. There is a CoC present in the file, date of change XXXX for recert fee. - Due Diligence Vendor-02/12/2026
|
Ready for Review-Document Uploaded. coc for recert - Seller-02/23/2026
|
Resolved-Received CD and COC XXXX. Finding Resolved. - Due Diligence Vendor-02/24/2026
|
Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 14+ Years – Minimum = 2 Years
Residual Income =/> 1.5 times $3,500 monthly residual income - Residual Income =/> 1.5 times $3,500 monthly residual income - Qualifying residual
$46,491.12; minimum required NONE
Months Reserves exceed minimum required - Reserves = 22 months – Required Reserves = 3 Months
|
XXXX
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
N/A
|
N/A
|
7593572
|
|
|
XXXX
|
XXXX
|
409042392
|
D
|
B
|
D
|
B
|
A
|
A
|
A
|
A
|
Closed
|
FCRE0700
|
2026-02-12 15:41
|
2026-02-27 09:46
|
Resolved
|
1 - Information
|
D
|
A
|
Credit
|
Missing Doc
|
Closing Detail Statement Document is Missing
|
Resolved-Received final settlement statement. - Due Diligence Vendor-02/27/2026
Ready for Review-Document Uploaded. correct settlement stmt - Seller-02/25/2026
Open-Closing Detail Statement Document is Missing and subject property is an Investment property. Settlement statement provided does not show a settlement or
disbursement date. - Due Diligence Vendor-02/25/2026
|
Ready for Review-Document Uploaded. correct settlement stmt - Seller-02/25/2026
|
Resolved-Received final settlement statement. - Due Diligence Vendor-02/27/2026
|
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 725
DSCR % greater than 1.20 - Rule False 1.42
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Purchase
|
NA
|
N/A
|
N/A
|
7592442
|
|
|
XXXX
|
XXXX
|
409042392
|
D
|
B
|
D
|
B
|
A
|
A
|
A
|
A
|
Closed
|
FCRE3599
|
2026-02-25 09:58
|
2026-02-25 12:47
|
Waived
|
2 - Non-Material
|
C
|
B
|
Credit
|
Eligibility
|
Borrower owns more financed properties than allowed per guidelines
|
Waived-Originator exception granted to allow exceed loan exposure. Non-material waiver applied with comp factors. Deemed non-material due to experienced
investor with long paid mortgage history. - Due Diligence Vendor-02/25/2026
Open-Exposure exceeds 10 loans, borrower has 16 financed loans with XXXX - Due Diligence Vendor-02/25/2026
|
Waived-Originator exception granted to allow exceed loan exposure. Non-material waiver applied with comp factors. Deemed non-material due to experienced
investor with long paid mortgage history. - Due Diligence Vendor-02/25/2026
|
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 725
DSCR % greater than 1.20 - Rule False 1.42
|
FICO 20+ over required
DSCR 1.25 or greater
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Purchase
|
NA
|
Originator Post-Close
|
Yes
|
7798285
|
|
|
XXXX
|
XXXX
|
409042380
|
C
|
B
|
C
|
B
|
A
|
A
|
A
|
A
|
Closed
|
FCRE0105
|
2026-02-27 18:05
|
2026-03-06 15:39
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Eligibility
|
Condo Structural Reports not in file
|
Resolved-Upon further review, Reserve study is acceptable in lieu of inspection. - Due Diligence Vendor-03/06/2026
Ready for Review-Per guidelines the reserve study is acceptable in lieu of inspection - Seller-03/04/2026
Counter-Received Reserve Study. Report received does not reflect inspection. Provide structural inspection meeting XX Senate Bill No.XX - Due Diligence
Vendor-03/03/2026
Ready for Review-Document Uploaded. reserve study in lieu of the SIRS (in lieu of structural report) - Seller-03/02/2026
Open-The file does not contain the required structural engineer report per state law. Subjectis missing required milestone inspection asrequired by XX Senate
Bill No.XX. Subject Cert. of Occ was on or before XXXX, has a building with 3 or more stories and is 30 years of age. - Due Diligence Vendor-02/27/2026
|
Ready for Review-Per guidelines the reserve study is acceptable in lieu of inspection - Seller-03/04/2026
Ready for Review-Document Uploaded. reserve study in lieu of the SIRS (in lieu of structural report) - Seller-03/02/2026
|
Resolved-Upon further review, Reserve study is acceptable in lieu of inspection. - Due Diligence Vendor-03/06/2026
|
LTV is less than guideline maximum - Required is 80 Borrower has 70
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 751
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.213 Required is 0.8 Borrower has 1.213
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Purchase
|
NA
|
N/A
|
N/A
|
7853113
|
|
|
XXXX
|
XXXX
|
409042380
|
C
|
B
|
C
|
B
|
A
|
A
|
A
|
A
|
Closed
|
FCRE0108
|
2026-02-27 09:53
|
2026-03-03 12:52
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Insurance
|
Fidelity Coverage not met
|
Resolved-Received confirmation of limited review Type Q by originator. XXXX is not required. - Due Diligence Vendor-03/03/2026
Ready for Review-this is not applicable for a loan that is limited review - Seller-03/02/2026
Open-Fidelity Coverage not met. Missing evidence of XXXX coverage. - Due Diligence Vendor-02/27/2026
|
Ready for Review-this is not applicable for a loan that is limited review - Seller-03/02/2026
|
Resolved-Received confirmation of limited review Type Q by originator. XXXX is not required. - Due Diligence Vendor-03/03/2026
|
LTV is less than guideline maximum - Required is 80 Borrower has 70
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 751
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.213 Required is 0.8 Borrower has 1.213
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Purchase
|
NA
|
N/A
|
N/A
|
7844089
|
|
|
XXXX
|
XXXX
|
409042380
|
C
|
B
|
C
|
B
|
A
|
A
|
A
|
A
|
Closed
|
FCRE1200
|
2026-02-27 09:48
|
2026-02-27 18:14
|
Waived
|
2 - Non-Material
|
C
|
B
|
Credit
|
Eligibility
|
Audited Loan Amount is less than Guideline Minimum Loan Amount
|
Waived-Originator exception applied to non-material finding with comp factors. - Due Diligence Vendor-02/27/2026
Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of $300000 Subject loan amount is XXXX, minimum required is $300,000.00 - Due
Diligence Vendor-02/27/2026
|
Waived-Originator exception applied to non-material finding with comp factors. - Due Diligence Vendor-02/27/2026
|
LTV is less than guideline maximum - Required is 80 Borrower has 70
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 751
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.213 Required is 0.8 Borrower has 1.213
|
Credit Score: 751. Credit profile going back to 20128. Excellent Mortgage & Consumer Payment History. The borrower has one isolated late payment on an
auto lease in 2019. No Bankruptcies, No open Collections or Public Records. No Fraud Alert.
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Purchase
|
NA
|
Originator Post-Close
|
Yes
|
7844005
|
|
|
XXXX
|
XXXX
|
409042377
|
D
|
B
|
D
|
B
|
A
|
A
|
A
|
A
|
Closed
|
FCRE1479
|
2026-03-02 14:25
|
2026-03-09 13:39
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Assets
|
Asset 1 Does Not Meet Guideline Requirements
|
Resolved-Received corporate documents for Asset ownership. - Due Diligence Vendor-03/05/2026
Ready for Review-Document Uploaded. Y&H DOCS - Seller-03/04/2026
Open-Asset Record 1 Does Not Meet G/L Requirements Missing verification of the borrower's % of ownership in XXXX in order to consider funds in transaction for
reserves - Due Diligence Vendor-03/02/2026
|
Ready for Review-Document Uploaded. Y&H DOCS - Seller-03/04/2026
|
Resolved-Received corporate documents for Asset ownership. - Due Diligence Vendor-03/05/2026
|
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.606
LTV is less than guideline maximum - Required is 75 Borrower has 70
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 730
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
N/A
|
N/A
|
7878817
|
|
|
XXXX
|
XXXX
|
409042377
|
D
|
B
|
D
|
B
|
A
|
A
|
A
|
A
|
Closed
|
FCRE1492
|
2026-03-02 14:25
|
2026-03-09 13:39
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Assets
|
Cash Out Does Not Meet Guideline Requirements
|
Resolved-Received the Final Purchase Closing Statement. - Due Diligence Vendor-03/09/2026
Ready for Review-Document Uploaded. - Due Diligence Vendor-03/09/2026
Counter-Received corrected 1008 reflecting acquisition cost as value. Please document acquisition cost with final settlement statement or property profile.
- Due Diligence Vendor-03/06/2026
Ready for Review-Document Uploaded. We used the Previous purchase price of XXXX and this is less than 75% LTV (no need to document improvements as we used
75%).... correct 1008 enclosed - Seller-03/05/2026
Open-Cash Out Does Not Meet Guideline Requirements Missing documented cost of improvements for Delayed Financing transaction in order to use appraised value
for LTV calc (Audit using original purchase price for LTV calc) - Due Diligence Vendor-03/02/2026
|
Ready for Review-Document Uploaded. We used the Previous purchase price of XXXX and this is less than 75% LTV (no need to document improvements as we used
75%).... correct 1008 enclosed - Seller-03/05/2026
|
Resolved-Received the Final Purchase Closing Statement. - Due Diligence Vendor-03/09/2026
|
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.606
LTV is less than guideline maximum - Required is 75 Borrower has 70
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 730
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
N/A
|
N/A
|
7878818
|
|
|
XXXX
|
XXXX
|
409042377
|
D
|
B
|
D
|
B
|
A
|
A
|
A
|
A
|
Closed
|
FCRE0700
|
2026-02-18 12:03
|
2026-03-09 13:38
|
Resolved
|
1 - Information
|
D
|
A
|
Credit
|
Missing Doc
|
Closing Detail Statement Document is Missing
|
Resolved-Received Final Settlement State. - Due Diligence Vendor-03/09/2026
Ready for Review-Document Uploaded. final settlement stmt - Seller-03/06/2026
Counter-Received settlement statement. Escrows are included but months and monthly amount not included in settlement statement. - Due Diligence
Vendor-03/05/2026
Ready for Review-Document Uploaded. settlement stmt - Seller-03/04/2026
Open-Closing Detail Statement Document is Missing and subject property is an Investment property. -----Missing from file - Due Diligence Vendor-02/18/2026
|
Ready for Review-Document Uploaded. final settlement stmt - Seller-03/06/2026
Ready for Review-Document Uploaded. settlement stmt - Seller-03/04/2026
|
Resolved-Received Final Settlement State. - Due Diligence Vendor-03/09/2026
|
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.606
LTV is less than guideline maximum - Required is 75 Borrower has 70
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 730
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
N/A
|
N/A
|
7680322
|
|
|
XXXX
|
XXXX
|
409042377
|
D
|
B
|
D
|
B
|
A
|
A
|
A
|
A
|
Closed
|
FCRE0140
|
2026-03-02 13:45
|
2026-03-05 10:16
|
Waived
|
2 - Non-Material
|
C
|
B
|
Credit
|
Eligibility
|
DSCR loan does not meet program guidelines
|
Waived-Originator exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-03/02/2026
Open-Exception in file for exceeding FM max exposure ...Delayed financing exception. Exception for FM exposure over 10 loans / $7.5mm. Seasoned investor. -
Due Diligence Vendor-03/02/2026
|
Waived-Originator exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-03/02/2026
|
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.606
LTV is less than guideline maximum - Required is 75 Borrower has 70
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 730
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
Originator Post-Close
|
Yes
|
7878011
|
||
|
XXXX
|
XXXX
|
409042384
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|
|||||||||||||||||
|
XXXX
|
XXXX
|
409042385
|
D
|
B
|
D
|
B
|
D
|
A
|
A
|
A
|
Closed
|
FCRE8887
|
2026-03-03 12:16
|
2026-03-05 14:42
|
Resolved
|
1 - Information
|
D
|
A
|
Credit
|
Missing Doc
|
Missing or Incomplete 1003
|
Resolved-Received application. - Due Diligence Vendor-03/05/2026
Ready for Review-Document Uploaded. - Seller-03/03/2026
Open-Missing application. Missing commercial or 1003 application. Initial. - Due Diligence Vendor-03/03/2026
|
Ready for Review-Document Uploaded. - Seller-03/03/2026
|
Resolved-Received application. - Due Diligence Vendor-03/05/2026
|
LTV is less than guideline maximum - Required is 80 Borrower has 70
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 773 Required is 700 Borrower has 773
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Purchase
|
NA
|
N/A
|
N/A
|
7899040
|
|
|
XXXX
|
XXXX
|
409042385
|
D
|
B
|
D
|
B
|
D
|
A
|
A
|
A
|
Closed
|
FCRE1177
|
2026-02-27 21:14
|
2026-03-05 14:42
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Insurance
|
HO6 Insurance Policy Expiration Date is before the Note Date
|
Resolved-Received Renewal. - Due Diligence Vendor-03/05/2026
Ready for Review-Document Uploaded. correct insurance - Seller-03/04/2026
Counter-Received HO6 policy for Unit XX. Please provide for subject. - Due Diligence Vendor-03/03/2026
Ready for Review-Document Uploaded. HO6 - Seller-03/02/2026
Open-HO-6 Insurance Policy Expiration Date of XXXX is prior to the Note Date of XXXX - Due Diligence Vendor-02/28/2026
|
Ready for Review-Document Uploaded. correct insurance - Seller-03/04/2026
Ready for Review-Document Uploaded. HO6 - Seller-03/02/2026
|
Resolved-Received Renewal. - Due Diligence Vendor-03/05/2026
|
LTV is less than guideline maximum - Required is 80 Borrower has 70
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 773 Required is 700 Borrower has 773
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Purchase
|
NA
|
N/A
|
N/A
|
7854672
|
|
|
XXXX
|
XXXX
|
409042385
|
D
|
B
|
D
|
B
|
D
|
A
|
A
|
A
|
Closed
|
FCRE3091
|
2026-02-27 21:14
|
2026-03-05 14:42
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Insurance
|
Master Policy Expiration Date is Prior To the Note Date
|
Resolved-Received Renewal Mast Policy - Due Diligence Vendor-03/05/2026
Ready for Review-Document Uploaded. pls re review, unit is reflected as XX. ty - Seller-03/03/2026
Counter- Received Master Liability and property insurance reflecting XX for another borrower. Provide clear or for our borrower. - Due Diligence
Vendor-03/03/2026
Ready for Review-Document Uploaded. current master insurance - Seller-03/02/2026
Open-Master Policy Expiration Date of XXXX is Prior To the Transaction Date of XXXX - Due Diligence Vendor-02/28/2026
|
Ready for Review-Document Uploaded. pls re review, unit is reflected as XX. ty - Seller-03/03/2026
Ready for Review-Document Uploaded. current master insurance - Seller-03/02/2026
|
Resolved-Received Renewal Mast Policy - Due Diligence Vendor-03/05/2026
|
LTV is less than guideline maximum - Required is 80 Borrower has 70
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 773 Required is 700 Borrower has 773
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Purchase
|
NA
|
N/A
|
N/A
|
7854673
|
|
|
XXXX
|
XXXX
|
409042385
|
D
|
B
|
D
|
B
|
D
|
A
|
A
|
A
|
Closed
|
FCRE0140
|
2026-02-27 21:42
|
2026-03-03 12:30
|
Waived
|
2 - Non-Material
|
C
|
B
|
Credit
|
Eligibility
|
DSCR loan does not meet program guidelines
|
Waived-Originator provided a waiver for 389 sq ft < 500 sq ft min required, applied to non material finding with comp factors - Due Diligence
Vendor-03/03/2026
Ready for Review-Document Uploaded. exception - Seller-03/02/2026
Open-Exception: Exception request for sqft under 500. The property is 389 sqft. - Due Diligence Vendor-02/28/2026
|
Ready for Review-Document Uploaded. exception - Seller-03/02/2026
|
Waived-Originator provided a waiver for 389 sq ft < 500 sq ft min required, applied to non material finding with comp factors - Due Diligence
Vendor-03/03/2026
|
LTV is less than guideline maximum - Required is 80 Borrower has 70
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 773 Required is 700 Borrower has 773
|
CLTV is 70%<80% allowed
Credit is 773
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Purchase
|
NA
|
Originator Post-Close
|
Yes
|
7854831
|
|
XXXX
|
XXXX
|
409042388
|
D
|
A
|
D
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FCRE1198
|
2026-03-02 09:26
|
2026-03-19 17:04
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Eligibility
|
Audited Reserves are less than Guideline Required Reserves (Number of Months)
|
Resolved-Received annual IRA statement reflecting sufficient reserves. - Due Diligence Vendor-03/19/2026
Ready for Review-Document Uploaded. assets - Seller-03/18/2026
Open-Audited Reserves of 0.1 month(s) are less than Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-03/02/2026
|
Ready for Review-Document Uploaded. assets - Seller-03/18/2026
|
Resolved-Received annual IRA statement reflecting sufficient reserves. - Due Diligence Vendor-03/19/2026
|
LTV is less than guideline maximum - Required is 80 Borrower has 68.55 Required is 80 Borrower has 68.55
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.155 Required is 0.8 Borrower has 1.155
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
No Cash Out - Borrower Initiated
|
N/A
|
N/A
|
7870586
|
|
|
XXXX
|
XXXX
|
409042388
|
D
|
A
|
D
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FCRE0190
|
2026-03-02 09:01
|
2026-03-12 09:33
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Eligibility
|
1004D is expired or dated after Note date
|
Resolved--1004D provided. - Due Diligence Vendor-03/12/2026
Ready for Review-Document Uploaded. Revised final inspection and recert attached - Seller-03/06/2026
Counter-For clarification: (1) Appraisal 1004 is expired (dated XXXX) Missing 1004d confirming property value has not declined. (2) Received 1004d repair
completion. Report received was inspected XXXX but signed XXXX. Appraiser to clarify discrepancy in dates. - Due Diligence Vendor-03/03/2026
Ready for Review-Document Uploaded. a final inspection is permitted to be dated post note date - Seller-03/02/2026
Open-1004D is expired or dated after Note date. - Due Diligence Vendor-03/02/2026
|
Ready for Review-Document Uploaded. Revised final inspection and recert attached - Seller-03/06/2026
Ready for Review-Document Uploaded. a final inspection is permitted to be dated post note date - Seller-03/02/2026
|
Resolved--1004D provided. - Due Diligence Vendor-03/12/2026
|
LTV is less than guideline maximum - Required is 80 Borrower has 68.55 Required is 80 Borrower has 68.55
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.155 Required is 0.8 Borrower has 1.155
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
No Cash Out - Borrower Initiated
|
N/A
|
N/A
|
7869843
|
|
|
XXXX
|
XXXX
|
409042388
|
D
|
A
|
D
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FCRE8887
|
2026-02-24 14:38
|
2026-03-05 14:49
|
Resolved
|
1 - Information
|
D
|
A
|
Credit
|
Missing Doc
|
Missing or Incomplete 1003
|
Resolved-Received Application - Due Diligence Vendor-03/05/2026
Ready for Review-Document Uploaded. - Seller-03/03/2026
Counter-Review concurs, final 1003 is not required on DSCR but initial application not received. Please provide commercial application or 1003 confirming
declarations. - Due Diligence Vendor-03/03/2026
Ready for Review-Document Uploaded. per guidelines a final 1003 in NA for DSCR loans - Seller-03/02/2026
Open-Missing Final 1003 - Due Diligence Vendor-02/24/2026
|
Ready for Review-Document Uploaded. - Seller-03/03/2026
Ready for Review-Document Uploaded. per guidelines a final 1003 in NA for DSCR loans - Seller-03/02/2026
|
Resolved-Received Application - Due Diligence Vendor-03/05/2026
|
LTV is less than guideline maximum - Required is 80 Borrower has 68.55 Required is 80 Borrower has 68.55
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.155 Required is 0.8 Borrower has 1.155
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
No Cash Out - Borrower Initiated
|
N/A
|
N/A
|
7783683
|
|
|
XXXX
|
XXXX
|
409042388
|
D
|
A
|
D
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FCRE1510
|
2026-02-24 13:56
|
2026-03-03 12:33
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Closing
|
Issues exist on the Mortgage Document (Deed of Trust)
|
Resolved-Received Prepay Rider and addendum to Note - Due Diligence Vendor-03/03/2026
Ready for Review-Document Uploaded. PP rider - Seller-03/02/2026
Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Prepayment Rider - Due Diligence Vendor-02/24/2026
|
Ready for Review-Document Uploaded. PP rider - Seller-03/02/2026
|
Resolved-Received Prepay Rider and addendum to Note - Due Diligence Vendor-03/03/2026
|
LTV is less than guideline maximum - Required is 80 Borrower has 68.55 Required is 80 Borrower has 68.55
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.155 Required is 0.8 Borrower has 1.155
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
No Cash Out - Borrower Initiated
|
N/A
|
N/A
|
7782869
|
|
|
XXXX
|
XXXX
|
409042376
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
XXXX
|
ATR/QM: Exempt
|
ATR/QM: Exempt
|
XXXX
|
XX
|
Investment
|
Refinance
|
Cash Out - Other
|