Loan ID
Seller Loan ID
Investor Loan ID
Overall Initial Loan Grade
Overall Final Loan Grade
Credit Initial Loan Grade
Credit Current/Final Loan Grade
Compliance Initial Loan Grade
Compliance Current/Final Loan Grade
Property Initial Loan Grade
Property Current/Final Loan Grade
Queue
Finding Code
Date Created
Date Modified
Finding Status
Event Level
Initial Finding Grade
Current/Final Finding Grade
Finding Category
Finding Sub Category
Finding Name
Finding Comments
Seller Comments
Resolution Comments
Reviewer Comp Factor
Originator Comp Factors
Finding Documents
Originator QM Status
Final Reviewed QM Status
Loan Amount
Property State
Occupancy
Loan Purpose
Refinance Purpose
Acknowledged / WaivedBy
Waiver in File?
Unique Finding ID
409040492
   
D
A
D
A
A
A
A
A
Closed
FCRE7497
2025-10-17 10:27
2025-11-19 07:40
Resolved
1 - Information
D
A
Credit
Missing Doc
Missing verification of taxes, insurance, and/or HOA fees for non-subject property
Resolved-Updated 1003 for Primary Residence total PITIA and 1008 provided.  - Due Diligence Vendor-11/19/2025
Ready for Review-Document Uploaded.  - Seller-11/18/2025
Counter-Document Uploaded. The Condition is asking for Documentation to support the xxx loan listed on the Final 1003 (see screenshot already uploaded) in the amount of $xxx for xxx- The Closing disclosure being provided has a Loan amount of $xxx - Is the Final 1003 incorrect or is the CD being provided not the correct one? - Due Diligence Vendor-11/17/2025
Ready for Review-L - Seller-11/17/2025
Counter-Document Uploaded. The Condition is asking for Documentation to support the xxx loan listed on the Final 1003 (see screenshot already uploaded) in the amount of $xxx for xxx- The Closing disclosure being provided has a Loan amount of $xxx - Is the Final 1003 incorrect or is the CD being provided not the correct one?  - Due Diligence Vendor-11/13/2025
Ready for Review-This is not our subject property, is another property borrower owns.
 
2nd Lien for xxx Loan amount as $xxx
 - Seller-11/12/2025
Counter-Is xxx Final 1003 incorrect as it states 2nd Lien for xxx Loan amount as $xxx with a pymt of $xxx vs Closing disclosure that states Loan amount is $xxx with a pymt of $xxx?  - Due Diligence Vendor-11/11/2025
Ready for Review-Document Uploaded.  - Seller-11/10/2025
Counter-The FPL provided is not for the 2nd Lien that was conditioned for, Please review the screenshot provided and provide missing document/s (Per Final 1003 reflects a new loan on primary xxx . lender xxx #xxx $xxx with a UPB of $xxx - Missing First Payment Letter/Final CD, etc to verify P&I)  - Due Diligence Vendor-10/23/2025
Ready for Review-Document Uploaded.  - Seller-10/22/2025
Counter-Document Uploaded.  Per Final 1003 reflects a new loan on primary xxx . lender xxx #xxx $xxx with a UPB of $xxx - Missing First Payment Letter/Final CD, etc to verify P&I - Due Diligence Vendor-10/21/2025
Ready for Review-What statement are you looking for? - Seller-10/20/2025
Open-Missing statement for new loan on primary xxx . lender xxx #xxx $xxx - Due Diligence Vendor-10/17/2025
Ready for Review-Document Uploaded.  - Seller-11/18/2025
 Ready for Review-L - Seller-11/17/2025
 Ready for Review-This is not our subject property, is another property borrower owns.
 
2nd Lien for xxx property's Loan amount as $xxx
 - Seller-11/12/2025
 Ready for Review-Document Uploaded.  - Seller-11/10/2025
 Ready for Review-Document Uploaded.  - Seller-10/22/2025
 Ready for Review-What statement are you looking for? - Seller-10/20/2025
 
Resolved-Updated 1003 for Primary Residence total PITIA and 1008 provided.  - Due Diligence Vendor-11/19/2025
 
 
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 6.83 Years
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 14.16 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 40.76% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 9.27 Years
 
xxx
ATR/QM: Not Applicable
ATR/QM: Not Applicable
xxx
xxx
Investment
Refinance
Cash Out - Other
N/A
N/A
xxx
409043594
   
A
A
A
A
A
A
A
A
           
A
A
                 
ATR/QM: Not Applicable
ATR/QM: Not Applicable
xxx
xxx
Investment
Refinance
Cash Out - Other
     
409043645
   
A
A
A
A
A
A
A
A
           
A
A
                 
Non-QM: Lender documented all ATR UW factors
Non-QM: Lender documented all ATR UW factors
xxx
xxx
Primary Residence
Purchase
NA
     
409043603
   
B
B
B
B
A
A
A
A
Closed
FCRE1195
2026-01-21 08:32
2026-01-21 08:32
Waived
2 - Non-Material
B
B
Credit
Eligibility
Audited CLTV Exceeds Guideline CLTV
Waived-Audited CLTV of 75% exceeds Guideline CLTV of 65% Subj is vacant - max LTV is 70% - seeking 75%
Loan amount is < $xxx - max LW is 65% - seeking 75% - Due Diligence Vendor-01/21/2026
 
Waived-Audited CLTV of 75% exceeds Guideline CLTV of 65% Subj is vacant - max LTV is 70% - seeking 75%
Loan amount is < $xxx - max LW is 65% - seeking 75% - Due Diligence Vendor-01/21/2026
 
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 35.85 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
FICO 20+ points
 
ATR/QM: Not Applicable
ATR/QM: Not Applicable
xxx
xxx
Investment
Refinance
Cash Out - Other
Originator Pre-Close
Yes
xxx
409043603
   
B
B
B
B
A
A
A
A
Closed
FCRE1194
2026-01-21 08:32
2026-01-21 08:32
Waived
2 - Non-Material
B
B
Credit
Eligibility
Audited LTV Exceeds Guideline LTV
Waived-Audited LTV of 75% exceeds Guideline LTV of 65% Subj is vacant - max LTV is 70% - seeking 75%
Loan amount is < $xxx - max LW is 65% - seeking 75% - Due Diligence Vendor-01/21/2026
 
Waived-Audited LTV of 75% exceeds Guideline LTV of 65% Subj is vacant - max LTV is 70% - seeking 75%
Loan amount is < $xxx - max LW is 65% - seeking 75% - Due Diligence Vendor-01/21/2026
 
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 35.85 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
FICO 20+ points
 
ATR/QM: Not Applicable
ATR/QM: Not Applicable
xxx
xxx
Investment
Refinance
Cash Out - Other
Originator Pre-Close
Yes
xxx
409043603
   
B
B
B
B
A
A
A
A
Closed
FCRE1196
2026-01-21 08:32
2026-01-21 08:32
Waived
2 - Non-Material
B
B
Credit
Eligibility
Audited HCLTV Exceeds Guideline HCLTV
Waived-Audited HCLTV of 75% exceeds Guideline HCLTV of 65% Subj is vacant - max LTV is 70% - seeking 75%
Loan amount is < $xxx - max LW is 65% - seeking 75% - Due Diligence Vendor-01/21/2026
 
Waived-Audited HCLTV of 75% exceeds Guideline HCLTV of 65% Subj is vacant - max LTV is 70% - seeking 75%
Loan amount is < $xxx - max LW is 65% - seeking 75% - Due Diligence Vendor-01/21/2026
 
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 35.85 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
FICO 20+ points
 
ATR/QM: Not Applicable
ATR/QM: Not Applicable
xxx
xxx
Investment
Refinance
Cash Out - Other
Originator Pre-Close
Yes
xxx
409043652
   
A
A
A
A
A
A
A
A
           
A
A
                 
Non-QM: Lender documented all ATR UW factors
Non-QM: Lender documented all ATR UW factors
xxx
xxx
Primary Residence
Purchase
NA
     
409043598
   
D
B
D
B
A
A
A
A
Closed
FCRE1815
2026-01-30 16:45
2026-02-07 09:17
Resolved
1 - Information
D
A
Credit
Missing Doc
Entity Formation Documents for Main Entity and/or Sub-Entity Incomplete
Resolved-LOE and Cert of Formation provided - Due Diligence Vendor-02/07/2026
Ready for Review-Document Uploaded.  - Seller-02/06/2026
Open-Missing Operating Agreement/equivalent, Articles of formation/equivalent, Certificate of good standing, and/or evidence of EIN Only OA found in file. Still missing Articles, COGS and EIN. (LOE why OA from xxx show B1 as member but 1031 exchange  dated xxx shows xxx  as sole member) - Due Diligence Vendor-01/30/2026
Ready for Review-Document Uploaded.  - Seller-02/06/2026
 
 
Resolved-LOE and Cert of Formation provided - Due Diligence Vendor-02/07/2026
 
 
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 102.12 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months
 
xxx
ATR/QM: Not Applicable
ATR/QM: Not Applicable
xxx
xxx
Investment
Purchase
NA
N/A
N/A
xxx
409043598
   
D
B
D
B
A
A
A
A
Closed
FCRE5474
2026-01-30 17:54
2026-01-30 17:54
Waived
2 - Non-Material
B
B
Credit
Eligibility
Condo project is ineligible per guidelines
Waived-Condo project does not meet guidelines. Lender exception (page 425) requesting higher investor concentration for non-warrantable condo.  - Due Diligence Vendor-01/30/2026
 
Waived-Condo project does not meet guidelines. Lender exception (page 425) requesting higher investor concentration for non-warrantable condo.  - Due Diligence Vendor-01/30/2026
 
 
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 102.12 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months
FICO 20+ points
PITIA reserves above min by 6 months
DSCR > 1.0
 
ATR/QM: Not Applicable
ATR/QM: Not Applicable
xxx
xxx
Investment
Purchase
NA
Originator Pre-Close
Yes
xxx
409043647
   
B
B
B
B
A
A
A
A
Closed
FCRE8201
2026-02-09 08:48
2026-02-09 08:48
Waived
2 - Non-Material
B
B
Credit
Eligibility
Loan does not conform to program guidelines
Waived-Bank stmt loan, > 5 overdrafts in 12 months - Due Diligence Vendor-02/09/2026
 
Waived-Bank stmt loan, > 5 overdrafts in 12 months - Due Diligence Vendor-02/09/2026
 
 
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 22.35 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 10.58 Years
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Validated Original LTV Of 47.64% Is Below The Guideline Maximum Of 85% By Ten Percent (10%) Or More
Low qualifying LTV - R/T refi reducing 36% in P&l - bringing in money to close - low LTV
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 39.05% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 10.65 Years
FICO 20+ points
DTI 5% below max
PITIA reserves above min by 6 months
Reduction in housing payment by 10%+
5+ years business ownership
LTV below max by 10% (applicable for investment properties only)
 
 
Non-QM: Lender documented all ATR UW factors
Non-QM: Lender documented all ATR UW factors
xxx
xxx
Primary Residence
Refinance
No Cash Out - Borrower Initiated
Originator Pre-Close
Yes
xxx
409043666
   
A
A
A
A
A
A
A
A
           
A
A
                 
Non-QM: Lender documented all ATR UW factors
Non-QM: Lender documented all ATR UW factors
xxx
xxx
Primary Residence
Purchase
NA
     
409043599
   
B
B
B
B
A
A
A
A
Closed
FVAL5524
2026-02-12 02:30
2026-02-12 02:30
Waived
2 - Non-Material
B
B
Credit
Eligibility
Ineligible Property
Waived-Condo less than xxx sq feet - Due Diligence Vendor-02/12/2026
 
Waived-Condo less than xxx sq feet - Due Diligence Vendor-02/12/2026
 
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 168.08 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
FICO 20+ points
DSCR > 1.0
 
ATR/QM: Not Applicable
ATR/QM: Not Applicable
xxx
xxx
Investment
Purchase
NA
Originator Pre-Close
Yes
xxx
409043599
   
B
B
B
B
A
A
A
A
Closed
FCRE5474
2026-02-12 02:29
2026-02-12 02:29
Waived
2 - Non-Material
B
B
Credit
Eligibility
Condo project is ineligible per guidelines
Waived-Condo project does not meet guidelines. Investor concentration > 55% for non warrantable condo - Due Diligence Vendor-02/12/2026
 
Waived-Condo project does not meet guidelines. Investor concentration > 55% for non warrantable condo - Due Diligence Vendor-02/12/2026
 
 
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 168.08 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
FICO 20+ points
DSCR > 1.0
 
ATR/QM: Not Applicable
ATR/QM: Not Applicable
xxx
xxx
Investment
Purchase
NA
Originator Pre-Close
Yes
xxx
409043604
   
B
B
B
B
A
A
A
A
Closed
FCRE1194
2026-02-20 09:53
2026-02-20 11:25
Waived
2 - Non-Material
B
B
Credit
Eligibility
Audited LTV Exceeds Guideline LTV
Waived-Audited LTV of 75% exceeds Guideline LTV of 65% LTV exception up to 75% max for loan amount between $xxx - $xxx. - Due Diligence Vendor-02/20/2026
 
Waived-Audited LTV of 75% exceeds Guideline LTV of 65% LTV exception up to 75% max for loan amount between $xxx - $xxx. - Due Diligence Vendor-02/20/2026
 
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 124.52 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 19.00 Years
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
FICO 20+ points
PITIA reserves above min by 6 months.
DSCR > 1.00 (DSCR Only).
 
ATR/QM: Not Applicable
ATR/QM: Not Applicable
xxx
xxx
Investment
Refinance
Cash Out - Other
Originator Pre-Close
Yes
xxx
409043672
   
A
A
A
A
A
A
A
A
           
A
A
                 
Non-QM: Lender documented all ATR UW factors
Non-QM: Lender documented all ATR UW factors
xxx
xxx
Primary Residence
Purchase
NA
     
409043601
   
A
A
A
A
A
A
A
A
           
A
A
                 
ATR/QM: Not Applicable
ATR/QM: Not Applicable
xxx
xxx
Investment
Purchase
NA
     
409043609
   
B
B
B
B
A
A
A
A
Closed
FCRE8201
2026-02-28 16:11
2026-02-28 16:11
Waived
2 - Non-Material
B
B
Credit
Eligibility
Loan does not conform to program guidelines
Waived-over xxx (xxx ac) - Due Diligence Vendor-02/28/2026
 
Waived-over xxx acres (xxx ac) - Due Diligence Vendor-02/28/2026
 
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 30.17 Years
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 25.34 Are Greater Than The Guideline Minimum Of 12 By Six (6) Or More Months
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 26.32% Is Below The Guideline Maximum Of 80% By Ten Percent (10%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points
FICO 20+ points
PITIA reserves above min by 6 months
 
 
Non-QM: Lender documented all ATR UW factors
Non-QM: Lender documented all ATR UW factors
xxx
xxx
Primary Residence
Refinance
Cash Out - Other
Originator Pre-Close
Yes
xxx
409043602
   
D
B
C
B
D
A
A
A
Closed
FCRE8201
2026-03-02 13:01
2026-03-03 10:47
Waived
2 - Non-Material
C
B
Credit
Eligibility
Loan does not conform to program guidelines
Waived-Exception granted with supporting comp factors: Condo project is 93 units. GL requires Comps inside + outside projects. Seeking exception to use comps all insided project - Due Diligence Vendor-03/03/2026
Ready for Review-Document Uploaded.  - Seller-03/02/2026
Open-The subject transaction does not satisfy the requirement for use of all comparable sales from the subject's Condominium Project.  All the comparable sales used by the Appraiser are located in the subject's project but per the xxx  (xxx),  "all comparable sales may be from within the subject's project if the project is established and consists of 100 or more units."  The subject's project consists of 94 units per the Appraisal (and 93 per the Condo Questionnaire) and does not satisfy the 100 unit requirement for using all comparable sales from the subject's project.  The file does not contain an approved Exception. - Due Diligence Vendor-03/02/2026
Ready for Review-Document Uploaded.  - Seller-03/02/2026
 
 
Waived-Exception granted with supporting comp factors: Condo project is 93 units. GL requires Comps inside + outside projects. Seeking exception to use comps all insided project - Due Diligence Vendor-03/03/2026
 
 
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.4 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 8.58 Years
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 54.35% Is Below The Guideline Maximum Of 80% By Ten Percent (10%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 740 By Twenty (20) or More Points
Fico 20+ points
PITIA reserves above min by 6 months
reduction in housing payment by 10%+
DSCR >1.00
xxx
ATR/QM: Not Applicable
ATR/QM: Not Applicable
xxx
xxx
Investment
Refinance
No Cash Out - Borrower Initiated
Originator Pre-Close
Yes
xxx
409043602
   
D
B
C
B
D
A
A
A
Closed
FCOM8888
2026-03-02 12:54
2026-03-03 10:45
Resolved
1 - Information
D
A
Compliance
Missing Doc
Closing Detail Statement is Missing
Resolved- - Due Diligence Vendor-03/03/2026
Ready for Review-Document Uploaded.  - Seller-03/02/2026
Open-The final Closing Detail Statement (Borrower Statement) is missing.  The file contains the Estimated Closing Detail Statement (Borrower Statement) which indicates Closing Date xxx but Closing Date is xxx and it is not signed by the Escrow Officer. - Due Diligence Vendor-03/02/2026
Ready for Review-Document Uploaded.  - Seller-03/02/2026
 
 
 
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.4 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 8.58 Years
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 54.35% Is Below The Guideline Maximum Of 80% By Ten Percent (10%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of 740 By Twenty (20) or More Points
 
xxx
ATR/QM: Not Applicable
ATR/QM: Not Applicable
xxx
xxx
Investment
Refinance
No Cash Out - Borrower Initiated
N/A
N/A
xxx
409043665
   
C
B
C
B
A
A
A
A
Closed
FCRE1198
2026-02-28 05:30
2026-03-08 10:02
Waived
2 - Non-Material
C
B
Credit
Eligibility
Audited Reserves are less than Guideline Required Reserves (Number of Months)
Waived-Exception granted with supporting comp factors: 1 month reserves exception for 5 month vs 6 months per guidelines. - Due Diligence Vendor-03/08/2026
Ready for Review-Document Uploaded.  - Seller-03/06/2026
Counter-Page xxx (PDF file) rental verification, Page 88 (OCR file). It also mentions transfers to another account ...xxx which is not in the file or on 1003. - Due Diligence Vendor-03/04/2026
Ready for Review-Please send copy of statement.   I do not see xxx in my file  - Seller-03/04/2026
Counter-Document Uploaded. Apologies for the confusion,  per Final 1003 xxx #xxx reflects $xxx in assets - However the Updated xxx #xxx dated xxx (41 days prior to close) reflects an available balance of $xxx - CTC $xxx - Short reserves by -$xxx - Due Diligence Vendor-03/04/2026
Ready for Review-Document Uploaded. provide caculations, we have over 6 months  - Seller-03/03/2026
Open-Audited Reserves of 5.13 are less than Guideline Required Reserves of 6 - Due Diligence Vendor-02/28/2026
Ready for Review-Document Uploaded.  - Seller-03/06/2026
 Ready for Review-Please send copy of statement.   I do not see xxx in my file  - Seller-03/04/2026
 Ready for Review-Document Uploaded. provide caculations, we have over 6 months  - Seller-03/03/2026
 
Waived-Exception granted with supporting comp factors: 1 month reserves exception for 5 month vs 6 months per guidelines. - Due Diligence Vendor-03/08/2026
 
 
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.04
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 5.74 Years
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 42.31% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
DTI 5% below max
5+ years business ownership
xxx
Non-QM: Lender documented all ATR UW factors
Non-QM: Lender documented all ATR UW factors
xxx
xxx
Primary Residence
Purchase
NA
Originator Pre-Close
Yes
xxx
409043665
   
C
B
C
B
A
A
A
A
Closed
FCRE1440
2026-02-28 05:02
2026-02-28 05:02
Waived
2 - Non-Material
B
B
Credit
Eligibility
Housing History Does Not Meet Guideline Requirements
Waived-Housing History Does Not Meet Guideline Requirements 85% LTV with less than 12-month housing history - Due Diligence Vendor-02/28/2026
 
Waived-Housing History Does Not Meet Guideline Requirements 85% LTV with less than 12-month housing history - Due Diligence Vendor-02/28/2026
 
 
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.04
 
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 5.74 Years
 
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 42.31% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More
* DTI 5% below max
* PITIA reserves above min by 6 months
* 5+ years business ownership
 
Non-QM: Lender documented all ATR UW factors
Non-QM: Lender documented all ATR UW factors
xxx
xxx
Primary Residence
Purchase
NA
Originator Pre-Close
Yes
xxx
409043628
   
A
A
A
A
A
A
A
A
           
A
A
                 
Non-QM: Lender documented all ATR UW factors
Non-QM: Lender documented all ATR UW factors
xxx
xxx
Primary Residence
Purchase
NA