EXHIBIT 99.2

CLAYTON CONDITIONS REPORT


Client Name:    PennyMac
Client Project Name:    PNMAC PMTLT 2026-INV6_J16909
Conditions Report 2.0   
Loans in Report:    422
Loans with Conditions:    266

 

51 - Total Active Conditions   
  21 - Material Conditions
    7 - Credit Review Scope
       1 - Category: DTI
       1 - Category: Insurance
       2 - Category: Legal Documents
       3 - Category: Terms/Guidelines
    7 - Property Valuations Review Scope
       1 - Category: Appraisal
       6 - Category: Value
    7 - Compliance Review Scope
       1 - Category: Ability to Repay/Qualified Mortgage
       1 - Category: Federal Consumer Protection
       5 - Category: TILA/RESPA Integrated Disclosure
  30 - Non-Material Conditions
    9 - Credit Review Scope
       4 - Category: Credit/Mtg History
       1 - Category: DTI
       2 - Category: Income/Employment
       1 - Category: LTV/CLTV
       1 - Category: Terms/Guidelines
    21 - Compliance Review Scope
       2 - Category: Repayment Ability
       18 - Category: RESPA
       1 - Category: State Consumer Protection
438 - Total Satisfied Conditions   
    97 - Credit Review Scope
       9 - Category: Ability to Repay/Qualified Mortgage
       5 - Category: Application
       14 - Category: Assets
       6 - Category: Credit/Mtg History
       18 - Category: DTI
       16 - Category: Income/Employment
       6 - Category: Insurance
       6 - Category: Legal Documents
       2 - Category: Re-Verifications
       10 - Category: Terms/Guidelines
       5 - Category: Title
    301 - Property Valuations Review Scope
       296 - Category: Appraisal
       1 - Category: FEMA
       1 - Category: Property
       3 - Category: Value
    40 - Compliance Review Scope
       23 - Category: Ability to Repay/Qualified Mortgage
       2 - Category: Documentation
       2 - Category: RESPA
       13 - Category: TILA/RESPA Integrated Disclosure
4 - Total Waived Conditions   
    4 - Property Valuations Review Scope
       4 - Category: FEMA

©2026 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited.


Client Name:    PennyMac
Client Project Name:    PNMAC PMTLT 2026-INV6_J16909
Conditions Report 2.0   
Loans in Report:    422
Loans with Conditions:    266

 

Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
 

Condition

Sub
Category

  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/

Seller

Response
Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
1126   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   B   D   A   A   A   D   B   C   B   D   A   A   A   Credit   Terms/
Guidelines
  Active   C   B   C   B   CRDTER3122   Loan
documents do
not meet
guideline
requirements
  No   Provide
verification
of correct
subject
address.
Note,
Mortgage,
Title,
Appraisal
and Flood
Cert do not
match.
Client
advised
borrower to
re-execute
note and
mtg to
correct
property
address.
  3/11/2026:
Received
Mortgage sent for
re-recordation
with subject
address:
XXXXXX. All
other docs need
corrected.
  3/11/2026:
Exception
remains, Level 2.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves 37.38 PITI reserves not required

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Min 620; Fico 768

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 33%, max 50%

  Complete
1126   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   B   D   A   A   A   D   B   C   B   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
LCA score
3.7, score is
>2.5.
Clayton to
order desk
review.
  4.25.26 Desk
Review received
value supported.
  4.25.26
Exception
Satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves 37.38 PITI reserves not required

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Min 620; Fico 768

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 33%, max 50%

  Complete
368   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 724 Credit score exceeds guidelines minimum of 620.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job, 14 years, 9 months.

 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Borrower does not have any major mortgage related occurrences during the past two years.Canceled

 

CFCFS2860: Good credit history

- Clayton Comments: =Good credit history.Canceled

  Complete
878   XXXXXX   XXXXXX   AZ   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver (PIW)/
AW
  No   Loan is
PIW
approved,
Clayton to
order BPO
  5/15/2026:
Received BPO
supporting value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 71.16%; guidelines allow 75%.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 37.68% is below guideline maximum 45%.

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower 1 has significant time in profession of 20 years. Borrower 2 has significant time in profession of 23 years.

  Complete
878   XXXXXX   XXXXXX   AZ   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton to
order BPO.
  5/15/2026:
Received BPO
supporting value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 71.16%; guidelines allow 75%.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 37.68% is below guideline maximum 45%.

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower 1 has significant time in profession of 20 years. Borrower 2 has significant time in profession of 23 years.

  Complete
1133   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Assets   Satisfied   C   A   C   A   CRDAST206   Asset Amounts
Are
Unsupported
by
Documentation
in File
  No   Missing
evidence of
receipt of
HELOC
Funds used
in
qualifying.
XXXXXX
HELOC
Agreement
is on page
953.
  3/12/2026:
Lender rebuttal
stating proof of
transfer is not
required, like a
depository
account. Clayton
disagrees. Per
FNMA B3-4.3-
15, proof of
transfer to
borrower is
required.5/4/2026:
Received wire
receipt verifying
transfer.
  3/12/2026:
Exception
remains.5/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $104,641.43 or 37.64 months of PITIRequired PITI Reserves are $2779.79 x 2 = $5559.58

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The Borrower has over 13 years with current employer.

  Complete
129   XXXXXX   XXXXXX   NJ   (No
Data)
  ATR/
QM:
Exempt
  C   A   A   A   C   A   A   A   C   A   A   A   C   A   A   A   Property
Valuations
  Property   Satisfied   C   A   C   A   PRVAPROP243   Property
Shows
Significant
Deferred
Maint. or
Repairs
Needed
  No   Missing
Evidence
black
substance
professional
Inspection
was
completed
by a
professional
  5/12/2026:
Received
completed
inspection. No
fungus present.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 729 mid score > min required of 620

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have43 months mortgage payment history 0x30.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 7.96%

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
25   XXXXXX   XXXXXX   OH   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: 781 mid score > min required of 620

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 183 months.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 0.61%

  Complete
1127   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   D   A   D   A   D   A   C   A   D   A   D   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   D   A   D   A   CMPATRQM3220   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage rule;
the loan file is
missing
documents to
complete the
ATR/QM
review and
render an
accurate ATR/
QM status.
  No   Missing
documents to
support back
ratio of 43%
  4/22/2026:
Received
payment
history to
show rent
payment
is split.
DTI is
43.56%.
  4/22/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $24,006.66 or 11.19 months PITI reserves. No reserves required

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 62.04%. Max 75%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 752. Minimum score required 620

  Complete
1127   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   D   A   D   A   D   A   C   A   D   A   D   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   A   C   A   CMPTRID3676   TRID - CD:
Ten percent
tolerance fee
or fees
increased at or
prior to closing
without a valid
reason or not
timely
disclosed;
refund
required within
60 days of
consummation.
  No   Ten percent
tolerance fail
of $133.00 for
Title Abstract
Fee -$12.50,
Title
Examination
Fee -$10.00,
Lender’s Title
Insurance
$93.00,
Recording
Fees and
Other -$20.00,
Title Closing
Fee -$42.50,
Document
Prep Fee
$25.00 and
Document
Prep Fee (2)
$100.00 with
no internal
COC in file.
Provide
Internal COCs
reflecting
valid reason
for the fee
changes
within 3
business days
of change -
OR- PCCD
with cure,
copy of cure
check, LOE to
Borrower and
Evidence of
delivery via
method
including
tracking,
within 60
days of
consummation
  3.6.2026 -
COC
provided
  3.6.2026 -
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $24,006.66 or 11.19 months PITI reserves. No reserves required

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 62.04%. Max 75%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 752. Minimum score required 620

  Complete
1127   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   D   A   D   A   D   A   C   A   D   A   D   A   Credit   DTI   Satisfied   C   A   C   A   CRDDTI187   Debt Ratio >
50%
  No   Missing proof
the borrower
has only paid
half of the
rent for the
last 12
months. Only
received 4
months and
the borrower
has paid more
than half.
Using the full
payment back
ratio 62.26
  4/22/2026:
Received
payment
history to
show rent
payment
is split.
DTI is
43.56%.
  4/22/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $24,006.66 or 11.19 months PITI reserves. No reserves required

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 62.04%. Max 75%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 752. Minimum score required 620

  Complete
1127   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   D   A   D   A   D   A   C   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score is
>2.5. Clayton
to order desk
review
  2/26/2026:
CDA
provided
supports
appraised
value.
  2/26/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $24,006.66 or 11.19 months PITI reserves. No reserves required

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 62.04%. Max 75%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 752. Minimum score required 620

  Complete
176   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No LCA/CU
score due to
property type.
Clayton to
order Desk
Review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-borrower has been in her position over 20 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: credit score of 811 exceeds program minimum of 640

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been self employed over 20 years as CPA

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
24   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification
of some or
all
components
of non-
subject
PITI
  No   Provide a
clear copy
of the
XXXXXX
payment
info for
XXXXXX.
Doc on
page 1079
of PDF is
blurry.
  5/12/2026:
Received
clear Mtg
stmnt.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $47,198.48 or 11.80 months of P&I. Reserves required $36,172.03

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO is 784, minimum required by G/L is 620

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: The borrower has a 14 year credit history with 10 open and active tradelines 0X30

  Complete
33   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
third party
valuation.
Clayton to
order desk
Review.
  5/12/2026:
Received
CDA
supporting
value.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: 820 mid score > min required of 620

 

CFCFS1746: Significant housing expense reduction

- Clayton Comments: 14% decrease in housing payment

 

CFCFS1736: Significant time at current residence

- Clayton Comments: 14 years at primary residence

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $859,656.84 or 239.21 months PITIA > min required of $21,562.

  Complete
31   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 756 credit score; minimum required fico 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 19.67 years with current employer

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 20 years in the same profession

  Complete
96     XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 60% LTV below guideline requirements

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 25.57% DTI Below guidelines requirement of 50%

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal use of credit

  Complete
134   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS2854: Significant time in profession

- Clayton Comments: B1 have worked in the same profession for 27 years

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have resided at current residence for 10 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 719 credit score exceed guideline minimum of 620

  Complete
51   XXXXXX   XXXXXX   AZ   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No UCDP.
Clayton to
order Desk
Review.
  5/12/2026:
Received
CDA
supporting
value.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: The Reserve Requirement for this file is 6 Month. The Borrower has documented 14 Months.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with current employer for over 11 years.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
423   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
CU score not
established.
Clayton to
order desk
review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal use of consumer credit. Credit line usage 0.92%.

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 4 years in same line of work.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage history reports 25 mos. 0x30.

  Complete
27   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
not
established.
Clayton to
order desk
review.
  5/12/2026:
Received
CDA
supporting
value.
  5/12/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Mid score of 802 > min required score of 620.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Consumer debt 0 x 30 X 148 months > max permitted of 0 X 30 X 12 months.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0x30 X over 60 months > max permitted of 0 X 30 X 12 months.

  Complete
378   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 781 is 161 points above minimum program requirement of 620.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has maintained current job for 179 months.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 288 months.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has $51,052.38/26.02 PITIA which is > guideline minimum.

  Complete
175   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   D   A   D   A   A   A   D   A   D   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   D   A   D   A   CMPTRID5107   TRID -
Seller CD
not in file;
need in
order to
complete
fee entry
  No   File does not
contain a
copy of the
Seller CD or
HUD-1
Settlement
Statement.
Conformation
all Seller
Fees are
disclosed on
final CD is
not possible.
  05.15.2026
- Client
provided
copy of
Seller
HUD-1
certified
copy
  05.15.2026
-
Exception
satisfied
  Not
Applicable
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: 17 years and 9 months in current profession.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: 4 years and 9 months in current residence.

  Complete
175   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   D   A   D   A   A   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is PIW
approved,
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: 17 years and 9 months in current profession.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: 4 years and 9 months in current residence.

  Complete
175   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   D   A   D   A   A   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW. Clayton
to order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: 17 years and 9 months in current profession.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: 4 years and 9 months in current residence.

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
85     XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves of $18,324.94 exceeds LP requirement of $11,293.50.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Previous Mortgage payment history 0 X 30 over 89 months

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Review DTI of 42.68% is below maximum allowed of 45%

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in the same line of work for 5 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 740 Credit score exceeds minimum required of 620

  Complete
17   XXXXXX   XXXXXX   CT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Assets   Satisfied   D   A   D   A   CRDAST2304   Unverified
Assets
  No   Missing
documentation
for assets in
the amount of
$18,316.62
per LP
  5/12/2026:
Received
XXXXXX
bk stmnt.
Assets/
reserves
verified.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30x324

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: : Borrower DTI is >35.47points below guideline maximum

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower has 0x30x96

  Complete
403   XXXXXX   XXXXXX   AZ   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No CU/LCA
score due to
property type.
Clayton to
order Desk
Review.
  5/12/2026:
Received
CDA
supporting
value.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 791 mid score > min required of 620

 

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession of 26 years.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $652,574.30 / 257.66 months PI > min required of $20,189.68

  Complete
46   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
LCA (or CU)
score is >2.5.
Clayton to
order desk
review.
  5/12/2026:
Received
CDA
supporting
value.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 757 Credit score exceeds guidelines of 620.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence, 12 years, 3 months.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job, 11 years, 11 months.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing reserves $154,704.76 or 56.87 months PITIA exceed the LP required amount of $35,459.92.

  Complete
34   XXXXXX   XXXXXX   MA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score not
provided.
Clayton to
order desk
review
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $598,301.12 or 74.82 months of P&I. Reserves required $225,977.94, 8 months’ reserves based on 9 total financed properties

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is 45%, max allowed by G/L is 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO is 794, minimum required by G/L is 620

  Complete
259   XXXXXX   XXXXXX   ME   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is PIW
approved,
Clayton to
order BPO.
  5/18/2026:
Received
BPO
supporting
value.
  5/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has $215,189.11/81.28 PITIA which is > guideline minimum.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guidelines allow 90%.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has maintained the current job for 218 months.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit line usage ratio of 7.90%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 788 is 168 points above minimum program requirement of 620.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
259   XXXXXX   XXXXXX   ME   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is PIW
approved,
Clayton to
order BPO.
  5/18/2026:
Received
BPO
supporting
value.
  5/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has $215,189.11/81.28 PITIA which is > guideline minimum.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guidelines allow 90%.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has maintained the current job for 218 months.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit line usage ratio of 7.90%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 788 is 168 points above minimum program requirement of 620.

  Complete
101   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   A   A   C   B   C   B   A   A   A   A   C   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   B   C   B   CMPTRID3670   TRID - Zero
tolerance fee
or fees
increased at or
prior to
closing
without a
valid reason
or not timely
disclosed;
refund
required
within 60
days of
consummation
  No   Zero
Tolerance Fee
of $119.08
due to Pest
Inspection
increased
from LE to
CD. Missing
a valid
Change of
Circumstance,
or Post Close
CD, LOX and
copy of
refund check
to borrower.
  05.15.2026
- client
provided
rebuttal that
neither the
appraiser
nor the
lender
required a
Pest
Inspection
$119.08-
Borrower
obtained
through
their chosen
title
company
(XXXXXX)
therefore is
not subject
to tolerance
  05.15.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrowers has $258,750.70/130.70 PITIA which is > guideline minimum.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 24.38% is below the guideline maximum of 50%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 791 is 171 points above minimum program requirement of 620.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrowers has 0x30 for 470 months.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit line usage ratio of 5.14%.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 90%.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers has resided at current primary residence for 289 months.

  Complete
86   XXXXXX   XXXXXX   OK   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is PIW
approved,
Clayton to
order BPO
  5/14/2026:
Received
BPO
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI is 36.72%. Guidelines maximum allows 45%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $151,995.84 or 32.79 months of PITIA.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 809 mid score > min required of 620

  Complete
86   XXXXXX   XXXXXX   OK   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is PIW
approved,
Clayton to
order BPO.
  5/14/2026:
Received
BPO
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI is 36.72%. Guidelines maximum allows 45%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $151,995.84 or 32.79 months of PITIA.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 809 mid score > min required of 620

  Complete
48   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 778 mid score is > minimum required score of 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified Post Closed Assets of $653959.52 > minimum required of $24,521.64

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower(s) have 0/30 for 99 months

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower(s) have 77 months mortgage payment history of 0/30

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is 24.51% and is < maximum allowed of 45.00%

  Complete
60   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   B   C   B   CMPTRID3640   TRID - CD:
Zero tolerance
fee or fees
increased at or
prior to
closing
without a
valid reason
or the revised
LE/CD was
not timely
disclosed;
insufficient
credit or
refund
provided
  No   Missing
evidence of
change of
circumstances
letter for the
Broker Fee of
$5872.50
between the
LE
XXXXXX
and the
PCCD
XXXXXX or
a copy of the
refundable
check for zero
tolerance fee.
  5/11/26 -
COC
provided
showing
borrower
paid broker
fee.
  5/11/26 -
Exception
satisfied.
  Numeric   Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified 27.39% DTI. Max allowed 45%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 802 median FICO. Min required 620.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
60   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is
PIW
approved,
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified 27.39% DTI. Max allowed 45%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 802 median FICO. Min required 620.

  Complete
60   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified 27.39% DTI. Max allowed 45%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 802 median FICO. Min required 620.

  Complete
1135   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Mortgage payment history is good with no derogatory events.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 745 > is above guideline minimum credit score 620.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV: 75.00% is 10 points below the program guideline maximum 85%.

  Complete
121   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Credit   Assets   Satisfied   C   A   C   A   CRDAST3078   Insufficient
# of months
cash
reserves for
PITI per
guideline
requirements
  No   Post
closing
reserves
$25,733.43
or 6.95
months
PITIA.
Reserves
required
per LP
approval
$29.728.56.
Short
$3,995.13
to meet
guidelines.
  5/26/2026:
Received
additional
assets.
Reserves
are now
met,
$139,030.77
verified.
  5/26/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: Borrowers have another S/E business with positive income, not using due to less than 2 year history

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 3.00%

 

CFCFS2860: Good credit history

- Clayton Comments: 811 mid score > min required of 620.

  Complete
121   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No LCA
score due
to property
type.
Clayton to
order Desk
Review.
  5/12/2026:
Received
CDA
supporting
value.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: Borrowers have another S/E business with positive income, not using due to less than 2 year history

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 3.00%

 

CFCFS2860: Good credit history

- Clayton Comments: 811 mid score > min required of 620.

  Complete
50   XXXXXX   XXXXXX   IL   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
3.5.
Clayton to
order desk
review.
  5/12/2026:
Received
CDA
supporting
value.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Borrower does not have any major mortgage related occurrences during the past two years

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has significant time at current job 8 years

 

CFCFS1750: High potential for increased earnings

- Clayton Comments: High potential for increased earnings- Rental Income subject

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
62   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Reserves post close $172,853.03 AUS required $15,987.57.

CFCFS2860: Good credit history

- Clayton Comments: Borrower has only a few open accounts with small balances.

CFCFS1750: High potential for increased earnings

- Clayton Comments: Given the industry borrower works in, and current earnings she has the potential to increase XXXXXX salary.

  Complete
82   XXXXXX   XXXXXX   NV   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 750 credit score exceeds program minimum of 620

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 0 x 30 in 58 months

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrowers have more than 30 months reservesAssets: $70,627.33 verified, matches lender. Less cash to close $352.18 = $70,275.15 reserves. DU required reserves $19,371.59 = $50,627.14 total reserves = 31 months

  Complete
390   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Income/
Employment
  Satisfied   D   A   D   A   CRDINC3204   Income
Documentation
Missing
  No   Missing
the lease
for
XXXXXX
  5/21/2026:
Received
Lease Agr
for
XXXXXX
and rental
income
calcs for
XXXXXX
REO.
XXXXXX
REO PITI
is fully in
DTI.
XXXXXX
is two unit
borrower
primary.
Added net
rent, DTI
is 49.04%,
within
tolerance
of lender.
  5/21/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been self employed over 11 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 774. Minimum required 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Closing assets $368,004.24 or 100.33 months PITI reserves. Required reserves $32,891.54

  Complete
28   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guidelines allow 85%.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $423,929 > required $21,707.40

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 30.36% is below guideline maximum 50%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 806 mid score > min required of 620

  Complete
40   XXXXXX   XXXXXX   CO   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-borrower has been at current job for 22 years.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 29.63% is below guideline requirement.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has been at current residence for 12 years. Coi-borrower has been at current address for 8 years.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves in the amount of $143,463.26 exceed the required reserves amount of $84,776.59.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been at current job 8 years 3 months.

  Complete
375   XXXXXX   XXXXXX   AZ   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                               (No Data)   Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
44   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 35% DTI max DTI 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 779 fico score exceeds guidelines 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $236219.83 or 63.85 months of P&I

  Complete
166   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   A   C   A   CMPTRID3658   TRID —
Corrected CD
should have
been
provided;
APR is greater
than APR 3
business days
prior to
closing by
more than
allowable
tolerance
  No   APR
increased
over
tolerance,
however the
CD’s prior
to closing
have no
confirmed
receipt
dates. For
further
testing,
provide the
confirmed
receipt dates
for the
Initial and
Interim
CD’s.
Additional
conditions
may apply
  5/11/26 —
Lender
provided
confirmation
for CD
dated
XXXXXX.
  5/11/26 —
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 277 months.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 14.13%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 755 mid score > min required of 620

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 18+ years at present job

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have59 months mortgage payment history 0x30.

  Complete
102   XXXXXX   XXXXXX   AZ   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
LCA score
is >2.5.
Clayton to
order desk
review.
  5/12/2026:
Received
CDA
supporting
value.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 796 exceeds minimum fico requirement of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit utilization is only 17.09%

CFCFS1736: Significant time at current residence

- Clayton Comments: Over 27 years at the same address

  Complete
149   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have59 months mortgage payment history 0x30.

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrowers have277 months mortgage payment history 0x30.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 755 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $179,545.92 > Required Reserves of $78,098.26

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 18+ years at present job

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 14.13%

  Complete
132   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   Assets   Satisfied   D   A   D   A   CRDAST2304   Unverified
Assets
  No   Missing all
asset
statements
— LP
findings
requires
$18732.30
in reserves.
  5/12/2026:
Received
XXXXXX
statement
meeting
reserves
requirement.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Current company 19 years

CFCFS2860: Good credit history

- Clayton Comments: 0x30 no derogatory marks

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 745 fico exceeds 620 minimum

  Complete
132   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   Assets   Satisfied   D   A   D   A   CRDAST2670   Asset
documentation
is insufficient
per guideline
requirements
  No   5/12/2026:
Exception
added after
review of
trailing
docs:
Received
XXXXXX
to meet
reserves
requirement.
Account is
owned by
XXXXXX.
Provide the
Trust
Agreement
or
Certification
of Trust
verifying
B2 has full
access to
funds.
  5/26/2026:
Received
verification
B2 has
access to
Trust funds.
  5/26/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Current company 19 years

CFCFS2860: Good credit history

- Clayton Comments: 0x30 no derogatory marks

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 745 fico exceeds 620 minimum

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
132   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
exceeds 2.5.
Clayton to
order desk
review.
  5/12/2026:
Received
CDA
supporting
value.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Current company 19 years

CFCFS2860: Good credit history

- Clayton Comments: 0x30 no derogatory marks

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 745 fico exceeds 620 minimum

  Complete
433   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is
approved
PIW.
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 12 +years.

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 260 months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 798 mid score > min required of 620

  Complete
433   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 12 +years.

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 260 months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 798 mid score > min required of 620

  Complete
654   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation to
support
original
appraised
value
  5/12/2026:
Received
CDA
supporting
value.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrowers have a minimal use of credit utilization of 4.48%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying credit score of 732 exceeds the minimum credit score of 620

CFCFS2860: Good credit history

- Clayton Comments: Borrowers have maintained a positive credit history with no historical delinquencies.

  Complete
397   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Insurance   Satisfied   C   A   C   A   CRDINSR289   Insufficient
Hazard
Insurance
Coverage
  No   Hazard
coverage is
insufficient
to cover
loan amount
of
$XXXXXX.
  5/14/2026:
Received
Condo
Master
dec page.
GRC.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 3.69%.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 13+ years.

  Complete
397   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Title   Satisfied   D   A   D   A   CRDTIL796   Missing
Title
  No   Missing
Title.
  5/14/2026:
Received
Final
Title.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 3.69%.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 13+ years.

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
398   XXXXXX   XXXXXX   KY   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 773 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 3.64%

CFCFS1736: Significant time at current residence

- Clayton Comments: 17 years at primary residence

  Complete
430   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   UCDP score
3.6 >2.5 —
Clayton to
order desk
review
  5/12/2026:
Received
CDA
supporting
value.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 815 mid score > min required of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: 23 years at primary residence

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 2.23%

  Complete
371   XXXXXX   XXXXXX   UT   (No
Data)
  ATR/
QM:
Exempt
  D   B   C   B   D   B   A   A   D   B   C   B   D   A   A   A   Credit   Credit/Mtg
History
  Active   B   B   B   B   CRDCRMH1805   Debts/
obligations
not
disclosed/
accounted
for at
origination
  No   Credit
Report
dated
2/23/2026
reflects a
XXXXXX
inquiry
dated
1/21/2026.
Loan file
does not
contain a
Letter of
Explanation.
Unknown if
new account
was opened.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 15.46%

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 300 months.

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 300 months.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 72.9%; guidelines allow 85%

  Complete
371   XXXXXX   XXXXXX   UT   (No
Data)
  ATR/
QM:
Exempt
  D   B   C   B   D   B   A   A   D   B   C   B   D   A   A   A   Credit   Income/
Employment
  Active   B   B   B   B   CRDINC2340   Employment
verification
does not
meet
guidelines
  No   Per DU
AUS final
approval
dated
XXXXXX
Cash Flow
Analysis
(Form 1084)
is required;
however, is
not located
in loan file.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 15.46%

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 300 months.

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 300 months.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 72.9%; guidelines allow 85%

  Complete
371   XXXXXX   XXXXXX   UT   (No
Data)
  ATR/
QM:
Exempt
  D   B   C   B   D   B   A   A   D   B   C   B   D   A   A   A   Credit   Re-Verifications   Satisfied   C   A   C   A   CRDRVRFC1803   Debts/
Obligations
that were
not discl at
origination
revealed
through
independent
re-
verification
  No   Provide
proof
XXXXXX.
Mortgage is
not on credit
report but
borrower’s
name is on
the
mortgage
statement.
  6/3/2026:
Received
updated
DU #21,
1008 and
Final
1003. The
PITI used
is $2,982.
The
mortgage
stmnt in
the file
$3,764.59.
Lender
included
$2,982 in
DTI,
verifying
19.54%.
Clayton
updated
DTI is
20.04%
and within
tolerance.
  6/3/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 15.46%

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 300 months.

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 300 months.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 72.9%; guidelines allow 85%

  Complete
371   XXXXXX   XXXXXX   UT   (No
Data)
  ATR/
QM:
Exempt
  D   B   C   B   D   B   A   A   D   B   C   B   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is
approved
PIW.
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 15.46%

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 300 months.

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 300 months.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 72.9%; guidelines allow 85%

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
371   XXXXXX   XXXXXX   UT   (No
Data)
  ATR/
QM:
Exempt
  D   B   C   B   D   B   A   A   D   B   C   B   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 15.46%

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 300 months.

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 300 months.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 72.9%; guidelines allow 85%

  Complete
434   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is PIW
approved,
Clayton to
order BPO
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: The borrower has been in the same profession for 20 years

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $230,732.06 or 50.81 months PITI reserves. Required reserves $24,146.17

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 754. Minimum required 620

  Complete
434   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: The borrower has been in the same profession for 20 years

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $230,732.06 or 50.81 months PITI reserves. Required reserves $24,146.17

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 754. Minimum required 620

  Complete
439   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 8.31%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 782mid score > min required of 620

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 227 months.

  Complete
387   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 20.42 is significantly below maximum DTI allowed

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Reserves of over $111,000 well exceed required reserves per guidelines

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 789 exceeds guideline minimum

  Complete
859   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   Assets   Satisfied   D   A   D   A   CRDAST2670   Asset
documentation
is
insufficient
per
guideline
requirements
  No   Provide
most recent
month asset
account
statement
for
XXXXXX
noted on
Final 1003.
  5/13/2026:
Received
2/28/2026
XXXXXX
stmnt with
$628,536.29
balance
used.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 792 mid score > min required of 620

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 13+ years at present job

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 5.61% is below guideline maximum 45%.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
859   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU Score
4.2. Clayton
to order
desk review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 792 mid score > min required of 620

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 13+ years at present job

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 5.61% is below guideline maximum 45%.

  Complete
648   XXXXXX   XXXXXX   IN   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 754 median FICO. Min required 620.

  Complete
541   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is
approved
PIW.
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence- B2 -over 19 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 754 median FICO. Min required 620.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 3 Mortgaged Properties -Positive mortgage payment history

  Complete
541   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence- B2 -over 19 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 754 median FICO. Min required 620.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 3 Mortgaged Properties -Positive mortgage payment history

  Complete
867   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 31.89% is below guideline maximum 50%.

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence of 32 years.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 804 mid score > min required of 620

  Complete
868   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  D   B   D   B   D   A   A   A   D   B   D   B   D   A   A   A   Credit   Credit/Mtg
History
  Active   B   B   B   B   CRDCRMH193   Length of
mortgage/
rental
history in
file does not
meet
guideline
requirement
  No   Missing
mortgage
payment
history for
investment
property
located
XXXXXX
financed
with
XXXXXX.
Savings
Bank
reflecting
not
currently
delinquent
and max
permitted
1x30 x12.
Anticipated
PITIA
payment is
$1,495.00.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 759 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets: $3,534,532.83 (1,322.21 months PITIA reserves) > min required reserves of $69,505.09

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
868   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  D   B   D   B   D   A   A   A   D   B   D   B   D   A   A   A   Credit   Insurance   Satisfied   D   A   D   A   CRDINSR848   Missing
Hazard
Insurance
  No   Missing
homeowners’
policy for subject
property located
XXXXXX.
Coverage to be at
least $XXXXXX
and anticipated
annual premium
to be approx
$1,000/year.
  5/14/2026:
Received HOI
dec page and
RCE.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 759 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets: $3,534,532.83 (1,322.21 months PITIA reserves) > min required reserves of $69,505.09

  Complete
868   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  D   B   D   B   D   A   A   A   D   B   D   B   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing updated
valuation. CU
score not
provided due to
property type.
Clayton to order
Desk Review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 759 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets: $3,534,532.83 (1,322.21 months PITIA reserves) > min required reserves of $69,505.09

  Complete
650   XXXXXX   XXXXXX   NV   (No
Data)
  ATR/
QM:
Exempt
  D   B   D   A   D   B   A   A   D   A   D   A   D   A   A   A   Credit   Terms/
Guidelines
  Satisfied   D   A   D   A   CRDTER2548   Missing
AUS or
AUS
errors
present
  No   Lender verified
43.74% DTI per
DU #13 run
XXXXXX.
Clayton verified
46.69% DTI due
to lower verified
Retirement
income. Final
1003 shows
$12,958/month
for Retirement.
Clayton verified
$12,022.08/month
based on 2024
1099R and 2024
1040SRs. Provide
documentation to
show the higher
income or re-run
DU with
Approve/Eligible
with higher DTI.
  6/2/2026:
Received two
Retirement
Award Letters:
$1,560.83/mo
&
$11,397.28/mo
— both for
lifetime. DTI
is now
43.83%.
  6/2/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Overall cood credit hitory and score. Fico 768, no recent late payments or delinquencies.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has a positive mortgage payment history for the primary and subject. There are no late payments reported for either.

  Complete
650   XXXXXX   XXXXXX   NV   (No
Data)
  ATR/
QM:
Exempt
  D   B   D   A   D   B   A   A   D   A   D   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is approved
PIW. Clayton to
order BPO.
  5/15/2026:
Received BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Overall cood credit hitory and score. Fico 768, no recent late payments or delinquencies.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has a positive mortgage payment history for the primary and subject. There are no late payments reported for either.

  Complete
650   XXXXXX   XXXXXX   NV   (No
Data)
  ATR/
QM:
Exempt
  D   B   D   A   D   B   A   A   D   A   D   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is approved
PIW. Clayton to
order BPO.
  5/15/2026:
Received BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Overall cood credit hitory and score. Fico 768, no recent late payments or delinquencies.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has a positive mortgage payment history for the primary and subject. There are no late payments reported for either.

  Complete
428   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Zero consumer debt obligations

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 30 years self employed verified using business filing date.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
621   XXXXXX   XXXXXX   AZ   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 11.37%.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 25+ years at present job.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have542 months mortgage payment history 0x30.

  Complete
657   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Fannie Mae
UCDP CU 2.6
score is >2.5.
Clayton to order
desk review.
  5/12/2026:
Received
CDA
supporting
value.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Mid score of 791 > min required score of 620

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0x30 X 64 months

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Consumer debt 0 x 30 X 138 months > max permitted of 0 X 30 X 12 months.

  Complete
656   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 8.5yrs tenure with current self-employed business

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 75% LTV below maximum allowed guideline maximum of 85%

CFCFS2860: Good credit history

- Clayton Comments: Excellent credit history with no late pay/derog line items. 792 Median Credit Score, Oldest Trade 11/1993, 2% Revolving Usage

  Complete
645   XXXXXX   XXXXXX   WY   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2900   TILA —
Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule;
Clayton’s
status
determination
places
loan in a
riskier
status
than the
Lender’s
status
determination.
  No   5/18/2026:
Exception added
after review of
trailing docs:
Clayton verified
fees exceed 3%
allowed even
after bonafide fee
applied. Fees total
4%.
  5/21/2026:
Received
proof of
business use.
Fees no longer
apply.
  5/21/2026:
Exception
satisfied,
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 4.75yrs tenure with primary income employer

 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog line items. 771 median credit score, 3% usage, oldest trade 6/2002

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 20.08% below maximum allowed guidelines of 45%

  Complete
645   XXXXXX   XXXXXX   WY   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2904   TILA —
Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule; is
not a
Qualified
Mortgage.
  No   5/18/2026:
Exception added
after review of
trailing docs:
Clayton verified
fees exceed 3%
allowed even
after bonafide fee
applied. Fees total
4%.
  5/21/2026:
Received
proof of
business use.
Fees no longer
apply.
  5/21/2026:
Exception
satisfied,
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 4.75yrs tenure with primary income employer

 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog line items. 771 median credit score, 3% usage, oldest trade 6/2002

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 20.08% below maximum allowed guidelines of 45%

  Complete
645   XXXXXX   XXXXXX   WY   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   D   A   D   A   CMPATRQM3220   TILA —
Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule; the
loan file
is missing
documents
to
complete
the ATR/
QM
review
and
render an
accurate
ATR/QM
status.
  No   -Missing
verification of
PITI and
association dues
(noted on the
1040) for
XXXXXX.
Unknown if the
credit report
payment is full
PITI. Statement
not provided-
Missing
verification of
PITI payment for
XXXXXX in the
amount of
1419.21/XXXXXX.
Current statement
provided
XXXXXX
$631.81.
  5/18/2026:
Received 1st
Payment
Letter and
HOA info for
both REOs.
  5/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 4.75yrs tenure with primary income employer

 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog line items. 771 median credit score, 3% usage, oldest trade 6/2002

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 20.08% below maximum allowed guidelines of 45%

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
645   XXXXXX   XXXXXX   WY   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification
of some
or all
components
of non-
subject
PITI
  No   -Missing
verification of
PITI and
association dues
(noted on the
1040) for
XXXXXX.
Unknown if the
credit report
payment is full
PITI. Statement
not provided-
Missing
verification of
PITI payment for
XXXXXX in the
amount of
1419.21/XXXXXX.
Current statement
provided
XXXXXX
$631.81.
  5/18/2026:
Received 1st
Payment
Letter and
HOA info for
both REOs.
  5/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 4.75yrs tenure with primary income employer

 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog line items. 771 median credit score, 3% usage, oldest trade 6/2002

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 20.08% below maximum allowed guidelines of 45%

  Complete
645   XXXXXX   XXXXXX   WY   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Credit   Terms/
Guidelines
  Satisfied   D   A   D   A   CRDTER146   Missing
lender’s
loan
approval/
underwriting
form
  No   Missing updated
loan approval
from LP/Lender
excluding
XXXXXX
income and
corrected rental
debt/income. LP
approval at 9%.
Actual 20.08%
Lender rent
income
XXXXXX
$2303, actual
$846.41 Lender
rent income
XXXXXX
$2304, actual
$95.58 PITIA to
be verified on
XXXXXX —
open conditions
  5/18/2026:
Income
updated. DTI
verified is
21.09%. LP is
9% on latest
submission.
Provided
updated LP
Accept within
3%
tolerance.5/29/2026:
Received
updated LP to
show 15%
DTI, updated
1008 and
1003. Clayton
DTI is now
11.98% after
re-reviewing
rental income.
Lender DTI is
within
tolerance.
  5/18/2026:
Exception
remains.5/29/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 4.75yrs tenure with primary income employer

 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog line items. 771 median credit score, 3% usage, oldest trade 6/2002

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 20.08% below maximum allowed guidelines of 45%

  Complete
647   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Credit   Credit/
Mtg
History
  Satisfied   C   A   C   A   CRDCRMH1805   Debts/
obligations
not
disclosed/
accounted
for at
origination
  No   Missing evidence
property
XXXXXX listed
on 2024 1040
schedule E and
not on application
REO, has been
sold.
  5/21/2026:
Received docs
to shows REO
sold 11/2025.
  5/21/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $1,450,413 post closing assets verified. Min $54,296.22 required.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Max 45%. DTI 37.54

  Complete
647   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   DU CU Score =
2.6. Clayton to
order Desk
Review.
  5/12/2026:
Received
CDA
supporting
value.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $1,450,413 post closing assets verified. Min $54,296.22 required.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Max 45%. DTI 37.54

  Complete
485   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO of 727 exceeds required FICO of 620.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Qualifying DTI of 38.51 is lower than max DTI allowed 45%.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Per VVOE, B1 has been with current employer since 12/19/2008.

  Complete
864   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score is
unavailable,
Missing updated
valuation,
Clayton to order
Desk Review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Over 7 years at current residence.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 33.62% is below DTI 45%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $323,240.66 or 153.05 months PITIA. Required Reserves by AUS $4,223.96

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
618   XXXXXX   XXXXXX   UT   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Income/
Employment
  Satisfied   D   A   D   A   CRDINC2408   Income
verification
does not meet
guidelines
  No   Missing
pay stub
with YTD
income or
VOE
required
per LP
approval
condition
#FEI0069.
  5/4/2026:
Received
2/4/2026,
1/6/2026
paystubs
and W2s.
  5/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 124 months with 0x30 mortgage payment history exceeds guideline required 12 months.

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has significant time at current job, 5 years.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 781 Credit score exceeds guidelines of 620.

  Complete
9   XXXXXX   XXXXXX   TN   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Income/
Employment
  Satisfied   D   A   D   A   CRDINC3204   Income
Documentation
Missing
  No   Provide
2024 W2s
for both
borrowers
for W2
income
claimed
on 1120-S
and 1040s.
  5/28/2026:
Received
2024 W2s
for both
borrowers.
  5/28/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #36 months,

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower and Co-Borrower have been self-employed > #7 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 708 / 705 exceeds minimum of 620

  Complete
855   XXXXXX   XXXXXX   WI   (No
Data)
  ATR/
QM:
Exempt
  D   A   C   A   D   A   C   A   D   A   C   A   D   A   C   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2900   TILA — Loan
subject to
Ability to
Repay/
Qualified
Mortgage rule;
Clayton’s
status
determination
places loan in
a riskier status
than the
Lender’s status
determination.
  No   Clayton
verified
non-QM
due to fees
exceeding
3%. total
charged
4.574%.
  5/26/2026:
Received
ATR
Exempt
status and
proof
Business
Purpose.
Fees are
acceptable.
  5/26/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 70.43 LTV below guideline minimum 80%

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 59+ months of positive payment history with 0x30 lates

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 725 FICO exceeds guideline minimum 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 46.53% DTI below guideline maximum 50%

  Complete
855   XXXXXX   XXXXXX   WI   (No
Data)
  ATR/
QM:
Exempt
  D   A   C   A   D   A   C   A   D   A   C   A   D   A   C   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2904   TILA — Loan
subject to
Ability to
Repay/
Qualified
Mortgage rule;
is not a
Qualified
Mortgage.
  No   Clayton
verified
non-QM
due to fees
exceeding
3%. total
charged
4.574%.
  5/26/2026:
Received
ATR
Exempt
status and
proof
Business
Purpose.
Fees are
acceptable.
  5/26/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 70.43 LTV below guideline minimum 80%

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 59+ months of positive payment history with 0x30 lates

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 725 FICO exceeds guideline minimum 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 46.53% DTI below guideline maximum 50%

  Complete
855   XXXXXX   XXXXXX   WI   (No
Data)
  ATR/
QM:
Exempt
  D   A   C   A   D   A   C   A   D   A   C   A   D   A   C   A   Compliance   RESPA   Satisfied   B   A   B   A   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Affiliate
Business
Disclosure
missing
  5/26/2026:
Received
ATR
Exempt
status and
proof
Business
Purpose.
Fees are
acceptable.
  5/26/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 70.43 LTV below guideline minimum 80%

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 59+ months of positive payment history with 0x30 lates

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 725 FICO exceeds guideline minimum 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 46.53% DTI below guideline maximum 50%

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
855   XXXXXX   XXXXXX   WI   (No
Data)
  ATR/
QM:
Exempt
  D   A   C   A   D   A   C   A   D   A   C   A   D   A   C   A   Credit   Assets   Satisfied   C   A   C   A   CRDAST3078   Insufficient
# of months
cash
reserves for
PITI per
guideline
requirements
  No   Final AUS
run requires
$27899.02
for verified
reserves,
only
$22191.20
documented.
Provide
additional
assets
  5/18/2026:
Received
updated
LP #15
showing
$14,750.32
reserves
required.
  5/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 70.43 LTV below guideline minimum 80%

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 59+ months of positive payment history with 0x30 lates

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 725 FICO exceeds guideline minimum 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 46.53% DTI below guideline maximum 50%

  Complete
855   XXXXXX   XXXXXX   WI   (No
Data)
  ATR/
QM:
Exempt
  D   A   C   A   D   A   C   A   D   A   C   A   D   A   C   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA Score
3.5 greater
than 2.5.
Clayton to
order desk
review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 70.43 LTV below guideline minimum 80%

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 59+ months of positive payment history with 0x30 lates

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 725 FICO exceeds guideline minimum 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 46.53% DTI below guideline maximum 50%

  Complete
914   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Credit   Income/
Employment
  Satisfied   C   A   C   A   CRDINC2488   Verbal
verification
of
employment
missing
  No   File missing
borrower
VVOE doc.
  5/12/2026:
Received
XXXXXX
VVOE.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30x56

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 140 points above guideline minimum of 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 8 years & 7 months at current job

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower DTI is 7 points below guideline maximum.

  Complete
914   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation
CU score is
> 2.5.
Clayton to
order desk
review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30x56

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 140 points above guideline minimum of 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 8 years & 7 months at current job

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower DTI is 7 points below guideline maximum.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
1070   XXXXXX   XXXXXX   MO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
Score 4 >
2.5.
Clayton
to order
desk
review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 75% LTV below guideline requirement 90%

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 45% DTI below guideline requirement 50%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $1,376,569.12 verified cash reserves exceed guideline 3 month requirement $14332.38

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 765 FICO exceeds 620 guideline minimum

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 50+ months of positive payment history with 0x30 lates

  Complete
1071   XXXXXX   XXXXXX   MI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-borrower has 13+ years at current job

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 75% LTV below guideline maximum 90%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $140974.30 in verified cash reserves exceed guideline requirement $6062.14 (3months)

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 790 FICO exceeds guideline minimum 620

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower 1 has 19+ years at current job

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 28.78 DTI below guideline maximum 45%

CFCFS1736: Significant time at current residence

- Clayton Comments: B1 has 9+ years at current residence

  Complete
1071   XXXXXX   XXXXXX   MI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton
to order
BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-borrower has 13+ years at current job

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 75% LTV below guideline maximum 90%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $140974.30 in verified cash reserves exceed guideline requirement $6062.14 (3months)

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 790 FICO exceeds guideline minimum 620

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower 1 has 19+ years at current job

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 28.78 DTI below guideline maximum 45%

CFCFS1736: Significant time at current residence

- Clayton Comments: B1 has 9+ years at current residence

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
860   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   C   A   A   A   C   A   C   A   C   A   A   A   C   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   A   C   A   CMPTRID3662   TRID —
Corrected CD
should have
been provided;
APR is less
than APR
three business
days prior to
closing by
more than
allowable
tolerance
  No   APR
Paystream
violation
due to
difference of
0.1975 %
exceeding
the max
allowed of
0.1250%.
  05.15.2026
— Client
provided
Disclosure
Tracking
that
verifies
CD
XXXXXX
was
received
by both
borrower 4
business
days prior
to close
  05.15.2026

Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $3,038,035 in post closing reserves. $15,086 required.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 12.62% DTI. Max 45%

  Complete
860   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   C   A   A   A   C   A   C   A   C   A   A   A   C   A   Credit   Income/
Employment
  Satisfied   C   A   C   A   CRDINC2488   Verbal
verification of
employment
missing
  No   Missing
XXXXXX
business
verification
verifying
businesses
active.
  5/12/2026:
Received
XXXXXX
VVOE —
business is
active.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $3,038,035 in post closing reserves. $15,086 required.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 12.62% DTI. Max 45%

  Complete
458   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver (PIW)/
AW
  No   Loan is PIW
approved,
Clayton to
order BPO
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 5.30%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $39,983.30 / 12.87 months PITIA > min required of $0

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75; guidelines allow 90%.

  Complete
458   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is PIW
approved,
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 5.30%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $39,983.30 / 12.87 months PITIA > min required of $0

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75; guidelines allow 90%.

  Complete
610   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU Score
3.2. Clayton
to order
desk review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 6 years at current job.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 70%; guidelines allow 80%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets $162,054.18 or 70 months PITIA reserves > min required $92,428.50.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 759 middle fico score > min required 620.

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit line usage ratio 23.07%.

  Complete
861   XXXXXX   XXXXXX   AL   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have been at current residence for 10 years

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Review DTI of 19.60% is below maximum allowed of 45%

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: CO-Borrower has been at current employer for 7 years

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage Payment history 0 X 30 over 66 months

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/QM
Status
  Loan Level
ATR/QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
653   XXXXXX   XXXXXX   NJ   QM: Safe
Harbor
(APOR)
  QM: Safe
Harbor
(APOR)
  D   C   A   A   D   A   C   C   D   C   A   A   D   A   C   C   Compliance   Federal
Consumer
Protection
  Active   C   C   C   C   CMPFDCP3208   NMLS
License
verification
found
Loan
Originator
was
inactive at
time of
origination
  Yes   NMLS search
shows the
Lender
XXXXXX
and LO
licenses were
not active at
time of
disbursement
on XXXXXX.
Renewed
through date is
2025. Provide
documentation
that shows
Lender and
LO have
active licenses
as of app date
XXXXXX.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has owned Primary home for 7 years.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 70% is below the maximum allowable of 75%.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has over 7 years at current job.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Mortgage payment history of 0x30x40 months exceeds the required 0x30x12 months.

  Complete
653   XXXXXX   XXXXXX   NJ   QM: Safe
Harbor
(APOR)
  QM: Safe
Harbor
(APOR)
  D   C   A   A   D   A   C   C   D   C   A   A   D   A   C   C   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation: No
CU score
established.
Clayton to
order desk
review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has owned Primary home for 7 years.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 70% is below the maximum allowable of 75%.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has over 7 years at current job.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Mortgage payment history of 0x30x40 months exceeds the required 0x30x12 months.

  Complete
739   XXXXXX   XXXXXX   SD   QM:
Rebuttable
Presumption
(APOR)
  QM:
Rebuttable
Presumption
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 804 mid score > min required of 620

  Complete
850   XXXXXX   XXXXXX   CA   QM: Safe
Harbor
(APOR)
  QM: Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 720 mid score > min required of 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $97,305.71 / 44.14 months PITIA > min required of $33,822.80.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 11 years at current job

  Complete
851   XXXXXX   XXXXXX   AZ   (No Data)   ATR/QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 34% is below guideline maximum 45%.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 69%; guidelines allow 80%.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: 782 mid score > min required of 620

  Complete
725   XXXXXX   XXXXXX   MI   (No Data)   ATR/QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 769 fico exceeds minimum 620

 

CFCFS1736: Significant time at current residence

- Clayton Comments: 30 years in current home

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 9 years with current company

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
1076   XXXXXX   XXXXXX   UT   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been at their current job over 15 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 770. Minimum required score 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $33,247.78 or 14.84 months PITI reserves. Required reserves $20,219.45

  Complete
1078   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score is
2.6 >2.5.
Clayton to
order desk
review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 25.17 years in the same profession

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $43,812.73 or 13.67 months of PITI.Required Reserves are $19,224.31.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Credit reflects oldest tradeline date 12/9/2011, reporting 0x30

  Complete
1079   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Credit   DTI   Satisfied   C   A   C   A   CRDDTI187   Debt Ratio >
50%
  No   Lender
used PITIA
of $4154.78
for primary
residence,
this amount
does not
include
$415 for the
HOA dues.
  5/18/2026:
Received
updated
AUS,
1008m
1003.
Primary
PITIA is
$4,154.78
PITI +
$34.58/mo
HOAQ.
DTI is now
48.01%.
Lender
verified
48.18%.
  5/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1.54%

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower has99 months mortgage payment history 0x30.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 766 mid score > min required of 620

  Complete
1079   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU Score
2.6.
Clayton to
order Desk
Review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1.54%

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower has99 months mortgage payment history 0x30.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 766 mid score > min required of 620

  Complete
873   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Income/
Employment
  Satisfied   D   A   D   A   CRDINC3204   Income
Documentation
Missing
  No   Purchase
date/
conversion
date on
investment
properties
not clearly
documented
while lease
agreement/
most recent
months’
receipt used
to
determine.
Missing tax
returns/
schedule E
for any
property
not
purchased
or placed
into service
in the
previous
calendar
year.
Regarding:
XXXXXX.
Subject
property
appraisal is
also
missing
rent
schedule.
  5/14/2026:
Received
Lease
Agreements
for both
REOs.
XXXXXX
has two
tenants.
Used 75%
of all gross
rent. DTI is
now
37.56%.
Lender also
verified full
PITI of
subject was
used. No
offset rent.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 761 fico exceeds 620 minimum

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 4 years in current roles

 

CFCFS2860: Good credit history

- Clayton Comments: 0x30 no derogatory marks

  Complete
1080   XXXXXX   XXXXXX   OR   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA (or
CU) score
is >2.5.
Clayton to
order
deskreview.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 38.69% is below guideline maximum 50%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 771 mid score > min required of 620

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 85%; guidelines allow 90%.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
913   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0x30 X 50 months > max permitted of 0 X 30 X 12 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Mid score of 807 > min required score of 620.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Consumer debt 0 x 30 X 328 months > max permitted of 0 X 30 X 12 months.

  Complete
875   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Re-Verifications   Satisfied   C   A   C   A   CRDRVRFC1803   Debts/
Obligations
that were
not discl at
origination
revealed
through
independent
re-
verification
  No   XXXXXX
loan
payment
reflecting
on
XXXXXX
for 1316,
letter of
explanation
is required
  5/4/2026:
Lender
verified
account
on bk
stmnt is
same as
one noted
on credit
report.
  5/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 796 fico score exceeds guidelines 620

 

CFCFS1736: Significant time at current residence

- Clayton Comments: 8 years at current residence

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $147793.59 or 75.26 months of P&I

  Complete
920   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is
PIW
approved,
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves $3,311,260.99 exceeds required reserves $6,159.00.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrower has minimal use of consumer credit. Credit line usage 11.14%.

 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: No derogatory mortgage related items reported on CBR. All prior mortgage history reports 0x30 with 9 mos. and 52 mos. history reporting.

  Complete
920   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves $3,311,260.99 exceeds required reserves $6,159.00.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrower has minimal use of consumer credit. Credit line usage 11.14%.

 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: No derogatory mortgage related items reported on CBR. All prior mortgage history reports 0x30 with 9 mos. and 52 mos. history reporting.

  Complete
723   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA (or
CU) score
is > 2.5.
Clayton to
order desk
review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: 0 x 30 in 99 months

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been at current job for 8 years.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has been at current residence for 18 years and 1 month.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
1128   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Terms/
Guidelines
  Satisfied   D   A   D   A   CRDTER2548   Missing
AUS or
AUS errors
present
  No   Lender
verified 22%
DTI per LP
#9 in the file.
Clayton
verified
29.59%,
exceeding 3%
tolerance.
Lender
grossed up
XXXXXX
Retirement
income. The
1040s and
XXXXXX
Retirement
statements
show income
is taxed.
Verified
$4,337.41 per
statement on
page 357 of
PDF. Lender
used $5,573
after grossing
up income.
Provide
updated LP
Findings with
DTI within
tolerance of
29.59%
verified.
  3/12/2026: Lender
rebuttal states
XXXXXX
Retirement is non-
taxable. Clayton
disagrees. Per
Retirement
Statement, $4,553 is
monthly gross =
$54,636 annual
Statement also
shows $46,825.24 is
taxable =
$3,901.10/month +
$650.90 for non-
taxable portion =
$4,714.72/month.
DTI is now 28.92%.
Still >3%
tolerance.4/22/2026:
Received LP #10
showing 22% DTI
along with
XXXXXX Annuity
statement and
XXXXXX COE
showing $4,459
monthly disability,
which is non-
taxable income.
Updated income
and DTI is now
21.87%.
  3/12/2026:
Exception
remains.4/22/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $34,778.65 with $15,355.80 required.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 29.59% DTI with a 45% max DTI allowed.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 782 score with a min 620 required

  Complete
209   XXXXXX   XXXXXX   UT   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
LCA (or CU)
score is >2.5.
Clayton to
order desk
review.
  5/13/2026:
Received CDA
supporting value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Min credit score required 620. File credit score 784.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $66,608.31 or 25.13 PITIA.Reserves required per DU approval $37,240.54.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Max DTI 50% File 18.43%

CFCFS1736: Significant time at current residence

- Clayton Comments: 12 years and 5 months in current residence.

  Complete
174   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $765,726.81 or 600.62 months PITI reserves. Required $15,283.12

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 794. Minimum required 620

  Complete
181   XXXXXX   XXXXXX   OR   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification
of some or
all
components
of non-
subject
PITI
  No   Missing
borrower
letter of
explanation or
other
satisfactory
documentation
to support no
HOA expense
for primary
residence as
qualified with.
Zillow print
out provided
does not
support if
there is an
HOA or not.
  5/13/2026:
Received
verification, no
HOA.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Qualifying ltv 66%Max allowed for investor loans 80%.

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-borrower has been at current employer for more than 30 years.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have been at current residence for more than 10 years.

CFCFS2860: Good credit history

- Clayton Comments: Borrowers do not have any derogatory items listed on the credit report.

  Complete
181   XXXXXX   XXXXXX   OR   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score
3.8>2.5
Clayton to
order desk
review.
  5/13/2026:
Received CDA
supporting value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Qualifying ltv 66%Max allowed for investor loans 80%.

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-borrower has been at current employer for more than 30 years.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have been at current residence for more than 10 years.

CFCFS2860: Good credit history

- Clayton Comments: Borrowers do not have any derogatory items listed on the credit report.

  Complete
227   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been with the employer for 16 years

CFCFS2854: Significant time in profession

- Clayton Comments: The borrower has been with the same employer for 16 Years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower’s credit score of 788 exceeds minimum requirement

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
488   XXXXXX   XXXXXX   CT   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
CU score >
2.5. Clayton
to order
desk review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage history reports 34 mos. 0x30.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have 12 years at current residence.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 30 years in same line of work.

  Complete
167   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Terms/
Guidelines
  Satisfied   D   A   D   A   CRDTER146   Missing
lender’s
loan
approval/
underwriting
form
  No   Provide the
final 1008
loan
approval/
underwriting
form.
  5/12/2026:
Received
1008.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower score is 782. Minimum score per program is 620.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 37.56% is below guideline maximum 50%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 3.08%

  Complete
960   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: 13 years at primary residence

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1.34%

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 16.65% is below guideline maximum 50%.

  Complete
916   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 99 months.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 27.18% is below guideline maximum 45%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 763 mid score > min required of 620

  Complete
1096   XXXXXX   XXXXXX   MD   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 814 mid score > min required of 620

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 164 months.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $328544.91 / 114 months PITIA > min required of $113739.12.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 4.95%

  Complete
545   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   Terms/
Guidelines
  Satisfied   D   A   D   A   CRDTER2548   Missing
AUS or
AUS errors
present
  No   Lender to
provide
LOX and
verification
for which
DU
Findings
were used.
File has
three set of
DU
Findings:
Casefile
#XXXXXX,
#XXXXXX,
#XXXXXX.
Additional
conditions
may apply.
  5/4/2026:
Received
DU #4
casefile
#XXXXXX,
with 1008
matching
this info.
  5/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified $528,458.17 in post-closing reserves or 243.88 months PITI.DU requires $17,229.35 reserves.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 769 FICO score. Minimum required 620.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
545   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No CU
score
returned
due to
property
type.
Clayton to
order Desk
Review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified $528,458.17 in post-closing reserves or 243.88 months PITI.DU requires $17,229.35 reserves.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 769 FICO score. Minimum required 620.

  Complete
865   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Credit   Credit/Mtg
History
  Satisfied   C   A   C   A   CRDCRMH1805   Debts/
obligations
not
disclosed/
accounted
for at
origination
  No   Missing
evidence of
primary
residence is
free and
clear, and
provide
proof of
taxes,
insurance,
and HOA
(if
applicable).
  5/14/2026:
Received
HOI, taxes
and proof
owned
F&C. No
HOA.
  5/14/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have137 months mortgage payment history 0x30.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 814 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 4.00%

  Complete
865   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation
CU score in
file is >2.5,
Clayton to
order desk
review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have137 months mortgage payment history 0x30.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 814 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 4.00%

  Complete
184   XXXXXX   XXXXXX   MD   (No
Data)
  ATR/
QM:
Exempt
  C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Compliance   Documentation   Satisfied   C   A   C   A   CMPDOC2516   MI
coverage
does not
meet
guidelines
  No   5/4/2026:
Exception
added after
review of
trailing
docs: Loan
closed with
$XXXXXX
loan
amount.
The MI cert
is for
$XXXXXX
loan
amount and
therefore
showing
higher MI
monthly.
Provide
corrected
MI cert.
  5/28/2026:
Received
corrected
MI Cert.
  5/28/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $326394.59 or 110.80 months of P&I

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 795 fico score exceeds guidelines 620

CFCFS1736: Significant time at current residence

- Clayton Comments: 8 years at current residence

  Complete
184   XXXXXX   XXXXXX   MD   (No
Data)
  ATR/
QM:
Exempt
  C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Compliance   Documentation   Satisfied   C   A   C   A   CMPDOC5455   Mortgage
Insurance
required
but MI
Certificate
is missing
  No   Missing MI
Certificate
  5/4/2026:
Received
MI cert.
  5/4/2026:
Exception
satisfied.
  Not
Applicable
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $326394.59 or 110.80 months of P&I

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 795 fico score exceeds guidelines 620

CFCFS1736: Significant time at current residence

- Clayton Comments: 8 years at current residence

  Complete
1   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
is >2.5.
Clayton to
order desk
review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 746 is 126 points above minimum program requirement of 620.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has maintained current job for 136 months.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has $100,765.95/47.20 PITIA which is > guideline minimum.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
684   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 29+ years with present employer

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 779 FICO exceeds minimum 620

  Complete
229   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score
>2.5,
Clayton
to order
Desk
Review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 20% DTI below guideline max DTI 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 786 fico score exceeds guidelines 620

CFCFS1736: Significant time at current residence

- Clayton Comments: 9 years at current residence

  Complete
686   XXXXXX   XXXXXX   IL   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: 36 years at primary residence.

CFCFS2854: Significant time in profession

- Clayton Comments: Co-borrower has 10 years at line of profession.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI OF 36.59 is below max of 50%.

  Complete
8   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: 0 x 30 in 97 months

CFCFS2860: Good credit history

- Clayton Comments: Borrowers have 0 x 30 on all accounts and no derogatory credit

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has excess available assets in the amount of $13,754.31

  Complete
687   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 756 mid score > min required of 620

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have57 months of current mortgage payment history 0x30.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $115,414.34 / 17.71 months PITI > min required of $39,108.60.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 25 years.

  Complete
180   XXXXXX   XXXXXX   NV   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 73%; guidelines allow 85%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 763 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $147,798.77 > required $18,997.56

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 43.9% is below guideline maximum 50%.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
180   XXXXXX   XXXXXX   NV   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 73%; guidelines allow 85%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 763 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $147,798.77 > required $18,997.56

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 43.9% is below guideline maximum 50%.

  Complete
5   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved.
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The co borrower has been at their same employer for 5 years

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: The borrower’s middle fico score of 770 exceeds guideline minimum

  Complete
5   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved.
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The co borrower has been at their same employer for 5 years

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: The borrower’s middle fico score of 770 exceeds guideline minimum

  Complete
866   XXXXXX   XXXXXX   IL   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 27% DTI below guideline requirement max DTI 45%

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 7 years at current job

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 800 fico score exceeds guidelines 620

  Complete
866   XXXXXX   XXXXXX   IL   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 27% DTI below guideline requirement max DTI 45%

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 7 years at current job

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 800 fico score exceeds guidelines 620

  Complete
688   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Assets   Satisfied   C   A   C   A   CRDAST115   Cash
reserves
do not
meet
guidelines
  No   Cash
reserves of
($1,557.02)
does not
meet
guidelines.
  5/13/2026:
Received
additional
assets.
Verified
$61,189.28
in reserves,
exceeding
AUS
requirement.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 809 is 189 points above program minimum requirement of 620.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guideline allows 80%.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
688   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Assets   Satisfied   C   A   C   A   CRDAST205   Insufficient
Funds to Close
  No   Provide
acceptable
Bank
statements
for
XXXXXX.
Was not
provided in
file.
  5/13/2026:
Received
additional
assets. Loan
now meets
FTC and
reserves.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 809 is 189 points above program minimum requirement of 620.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guideline allows 80%.

  Complete
688   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Assets   Satisfied   C   A   C   A   CRDAST3078   Insufficient #
of months cash
reserves for
PITI per
guideline
requirements
  No   Provide
acceptable
Bank
statements
for
XXXXXX.
Was not
provided in
file.
  5/13/2026:
Received
additional
assets.
Verified
$61,189.28
in reserves,
exceeding
AUS
requirement.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 809 is 189 points above program minimum requirement of 620.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guideline allows 80%.

  Complete
689   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   D   A   D   A   CMPATRQM3220   TILA — Loan
subject to
Ability to
Repay/
Qualified
Mortgage rule;
the loan file is
missing
documents to
complete the
ATR/QM
review and
render an
accurate ATR/
QM status.
  No   Missing
most recent
1040’s
including
Schedule E
for rental
income
verification.
  5/13/2026:
Received
2024 1040s.
Verified
rental
income.
DTI is now
44.23%.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 772 median FICO. Min required 620.

  Complete
689   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Credit   Assets   Satisfied   C   A   C   A   CRDAST3078   Insufficient #
of months cash
reserves for
PITI per
guideline
requirements
  No   Missing
XXXXXX
403B
statement
for
$14,332.19.
  5/13/2026:
Received
12/31/2025
qtrly stmnt.
Borr2 is
XXXXXX,
100% value
is allowed.
Reserves
requirement
now met.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 772 median FICO. Min required 620.

  Complete
689   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Credit   Income/
Employment
  Satisfied   D   A   D   A   CRDINC2302   Missing
Required
Income
Documentation
  No   Missing
most recent
1040’s
including
Schedule E
for rental
income
verification.
  5/13/2026:
Received
2024 1040s.
Verified
rental
income.
DTI is now
44.23%.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 772 median FICO. Min required 620.

  Complete
690   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Insurance   Satisfied   C   A   C   A   CRDINSR289   Insufficient
Hazard
Insurance
Coverage
  No   Hazard
must reflect
guaranteed
replacement
cost or
additional
coverage is
required.
  6/2/2026:
Received
PUD HOA
Master.
Coverage
requirement
is met.
  6/2/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Fico 772 exceeds minimum fico of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit utilization is only 3.39%

  Complete
11   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job; 6 years and 2 months

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence; 10 years and 6 months

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 68.28% LTV below guideline requirements of 75.00% per program.

  Complete

 

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
3   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Legal
Documents
  Satisfied   D   A   D   A   CRDLGL1817   Final HUD-
1 is
incomplete
or illegible
  No   Final CD
XXXXXX,
hand signed
XXXXXX,
was
incomplete;
missing
pages.
  05.15.2026
- Client
provided
full copy
of final
CD
XXXXXX
  05.15.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 788 mid score > min required of 620.

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 125 months.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 17.31%.

  Complete
872   XXXXXX   XXXXXX   UT   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 801 mid score > min required of 620

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 208 months.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have25 months mortgage payment history 0x30.

  Complete
623   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  C   C   C   C   A   A   A   A   C   C   C   C   A   A   A   A   Credit   Terms/
Guidelines
  Active   C   C   C   C   CRDTER3256   Seller
contributions
exceed
guideline
requirements
  Yes   Investor
purchase,
$XXXXXX
sales price.
Max seller
credit
allowed is
2% of Sales
Price or
$6,800. Per
page three
of Final
CD, seller
credited a
total of
$8,000.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30x84

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 7 years at current residence

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 4 years at current job

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 193 points above guideline minimum of 620

  Complete
10   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is
approved
PIW.
Clayton to
order BPO.
  5/13/2026:
received
BPO
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Consumer credit show 0x30x84.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower credit score of 793 exceeds min score requirement of 620.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has lived at current residence for the past: 7 years.

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Mortgage history reflects 0 x 30 for the past 72 months.

  Complete
10   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton to
order BPO.
  5/13/2026:
received
BPO
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Consumer credit show 0x30x84.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower credit score of 793 exceeds min score requirement of 620.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has lived at current residence for the past: 7 years.

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Mortgage history reflects 0 x 30 for the past 72 months.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
456   XXXXXX   XXXXXX   TN   (No
Data)
  ATR/
QM:
Exempt
  B   B   A   A   B   B   A   A   B   B   A   A   B   B   A   A   Property
Valuations
  FEMA   Waived   B   B   B   B   PRVAFEMA856   Natural
Disaster
Area, no
subsequent
inspection
(Public)
  No   FEMA
Declaration
for
XXXXXX
and
appraisal
date
XXXXXX
  4/29/2026:
Client
acknowledges
Level 2
exception,
public only.
  4/29/2026:
Waived
non-
material.
  (No
Data)
  Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Credit reflects oldest tradeline date 8/2001, reporting 0x30

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $186,311.29 or 34.77 months PITI; $121,353.58 Required Reserves.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0X30X46 mortgage payment history

  Complete
273   XXXXXX   XXXXXX   OR   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   B   A   A   D   B   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is
approved
PIW.
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 790 mid FICO score. Minimum required is 620.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves verified at $111,681.19, required reserves per AUS are $28,779.84.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 26.69% is below guideline max DTI of 45.0%.

  Complete
273   XXXXXX   XXXXXX   OR   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   B   A   A   D   B   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 790 mid FICO score. Minimum required is 620.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves verified at $111,681.19, required reserves per AUS are $28,779.84.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 26.69% is below guideline max DTI of 45.0%.

  Complete
273   XXXXXX   XXXXXX   OR   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   B   A   A   D   B   A   A   Property
Valuations
  FEMA   Waived   B   B   B   B   PRVAFEMA856   Natural
Disaster
Area, no
subsequent
inspection
(Public)
  No   No
inspection
for FEMA
disaster
#XXXXXX
declared
XXXXXX.
Latest AUS
run
XXXXXX.
PDI report
required to
verify no
damage.
  4/30/2026:
Client
acknowledges
Level 2
exception,
Public
assistance
only.
  4/30/2026:
Waived
non-
material.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 790 mid FICO score. Minimum required is 620.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves verified at $111,681.19, required reserves per AUS are $28,779.84.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 26.69% is below guideline max DTI of 45.0%.

  Complete
1136   XXXXXX   XXXXXX   AL   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 76.72% LTV below guideline requirements of 85.00% per program.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence; 9 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO of 805 is 185 points above program guideline minimum of 620.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 24.77% DTI is below guideline requirement of 50.00%.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job; 16 years and 9 months

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
292   XXXXXX   XXXXXX   AZ   (No
Data)
  ATR/
QM:
Exempt
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Income/
Employment
  Satisfied   C   A   C   A   CRDINC888   Income
Amount is
Unsupported
by
Documentation
in File
  No   Missing
verification
of 200 day
moving
average of
stock to
accurately
calculate B1
RSU
earnings.
  5/13/2026:
Received doc
showing $159.94
200 day avg. X
760 shares /24 =
$5,064.77/month
income as lender
shows.
  5/13/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage history reports 14 mos. 0x30, 61 mos. 0x30, 25 mos. 0x30 and 22 mos. 0x30.

 

CFCFS2854: Significant time in profession

- Clayton Comments: B1 has 15 years in same line of work. B2 has 10 years in same line of work.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves $692,863.72 exceed required reserves $22,702.44.

  Complete
80   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver (PIW)/
AW
  No   Loan is PIW
approved,
Clayton to
order BPO.
  5/15/2026:
Received BPO
not supporting
value.
  5/15/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: 2% consumer credit utilization in file.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has been at current residence for 8 years.

  Complete
80   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton to
order BPO.
  5/15/2026:
Received BPO
not supporting
value.
  5/15/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: 2% consumer credit utilization in file.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has been at current residence for 8 years.

  Complete
80   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Value   Active   C   C   C   C   PRVAVALU5249   Property Value
Not Supported
  Yes   5/15/2026:
Exception
added after
review of
trailing
docs:
Received
BPO not
supporting
value.
Clayton to
order next
level review.
  5/26/2026:
Received 2055
Report not
supporting value.
Lender to order a
full appraisal.
  5/26/2026:
Exception
remains.
  Not
Applicable
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: 2% consumer credit utilization in file.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has been at current residence for 8 years.

  Complete
311   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   Income/
Employment
  Satisfied   D   A   D   A   CRDINC2302   Missing
Required
Income
Documentation
  No   Borrower 1
income not
documented
in the file,
provide one
of the
following:-
Most recent
paystub and
prior year
W2 (or)-A
Written
Verification
of
Employment
verifying
employment
history and
YTD and
previous
years
income
sufficient to
support
qualifying
monthly
income of
$10,340.
  5/6/2026:
Received WVOE
for B1.
$10,340.07/month
income verified.
  5/6/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is 41.00% and is < maximum allowed of 45.00%

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower(s) have 22 years at current primary residence

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Borrower has 27 years at current employment

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 744 mid score is > minimum required score of 620

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower(s) have 99 months mortgage payment history of 0/30

  Complete
311   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   Income/
Employment
  Satisfied   D   A   D   A   CRDINC2408   Income
verification
does not meet
guidelines
  No   Borrower 1
income not
documented
in the file,
provide one
of the
following:-
Most recent
paystub and
prior year
W2 (or)-A
Written
Verification
of
Employment
verifying
employment
history and
YTD and
previous
years
income
sufficient to
support
qualifying
monthly
income of
$10,340.
  5/6/2026:
Received WVOE
for B1.
$10,340.07/month
income verified.
  5/6/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is 41.00% and is < maximum allowed of 45.00%

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower(s) have 22 years at current primary residence

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Borrower has 27 years at current employment

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 744 mid score is > minimum required score of 620

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower(s) have 99 months mortgage payment history of 0/30

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
311   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
is not
reported.
Clayton to
order desk
review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is 41.00% and is < maximum allowed of 45.00%

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower(s) have 22 years at current primary residence

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Borrower has 27 years at current employment

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 744 mid score is > minimum required score of 620

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower(s) have 99 months mortgage payment history of 0/30

  Complete
335   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   Terms/
Guidelines
  Satisfied   D   A   D   A   CRDTER2548   Missing
AUS or
AUS
errors
present
  No   Freddie Mac
LPA
XXXXXX
— ID
#XXXXXX
or ID
#XXXXXX,
complete
document
for
Submission
#10
  5/6/2026:
Received all
pages for LP
#10, ID
#XXXXXX.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 750 FICO score. Minimum required 620.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower with employer > 17 Years

 

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #193 months, Credit ratio 57.76%

  Complete
335   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
CDA in file
does not
support
appraised
value.
Clayton to
order
Exterior
Only 2055.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 750 FICO score. Minimum required 620.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower with employer > 17 Years

 

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #193 months, Credit ratio 57.76%

  Complete
72   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 15 years.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $150,149.96 / 21.91months PITIA for all REO > min required of $18,516.12.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 2.00%

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have 96 months mortgage payment history 0x30.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guidelines allow 85%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 771 mid score > min required of 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 29.16% is below guideline maximum 50%.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
224   XXXXXX   XXXXXX   OR   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $ 1,858,300.80 or 463.73 months of PITIAReserves Required per AUS = $ 35,941.68

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 28 Years at Current Residence

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 28 Years at Current Residence

  Complete
282   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification
of some or
all
components
of non-
subject
PITI
  No   Regarding
Schedule E
(pg 184
and 185)
verify the
following:
Letter A -
XXXXXX
— Letter C

XXXXXX
Verify
these are
no longer
owned,
was not
listed on
REO of
1003 and
not
included in
DTI (if
applicable),
not on
Fraud
Report
  5/14/2026:
Received
highlighted
Sch E and
LOX.
XXXXXX
is all
overhead
expenses
and
XXXXXX
was a
property
exchange
— no
longer
owned.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence, 24 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 772 exceeds guidelines

 

CFCFS2854: Significant time in profession

- Clayton Comments: B2 have significant time in profession, 25 years

  Complete
286   XXXXXX   XXXXXX   OR   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No LCA/
CU score
due to
property
type.
Clayton to
order Desk
Review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: credit score of 787 exceeds program 640 minimum

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been on job nearly 7 years

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have been at primary residence over 9 years

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0 x 30 on mortgage history

  Complete
366   XXXXXX   XXXXXX   PA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Missing
Required
Affiliate
Business
Disclosure
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 774 mid score > min required of 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $1,202,777.63/ 217.71 months PITIA > min required of $68,415.56.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower’s company in business for 23 years

  Complete
422   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: High Credit 757 Guidelines allow 620

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 10 Years in Current Profession

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $387,906.54 or 141.57 months of PITIAReserves Required per AUS = $ 22,480.20

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
267   XXXXXX   XXXXXX   WV   (No
Data)
  ATR/
QM:
Exempt
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Income/
Employment
  Satisfied   C   A   C   A   CRDINC150   Income
docs do
not meet
guidelines
  No   Missing all
pages of
1040
schedule E
used to
calculate
rental
income for
property
located at
XXXXXX,
or current
Lease.
  5/21/2026:
Received
2024 Sch
E. Rental
income re-
evaluated.
DTI is
now
44.53%.
LP is at
50%.
Tolerance
met.
  5/21/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 810 mid score > min required of 680

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 69.99%; guidelines allow 85%.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 0.00%

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 297 months.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have 124 months mortgage payment history 0x30.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $101,451.31 or 7.69 months of PITIA of all OREO > minimum required $45,608.58

  Complete
300   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 106 months.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 4.00%

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 70%; guidelines allow 85%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 779 mid score > min required of 620

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have 42 months mortgage payment history 0x30.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $152,320.00 / 14.15 months PITIA > min required of $13,,989.48

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 43.05% is below guideline maximum 50%.

  Complete
450   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Credit/Mtg
History
  Satisfied   C   A   C   A   CRDCRMH1805   Debts/
obligations
not
disclosed/
accounted
for at
origination
  No   Missing
monthly
billing
statement,
credit
supplement
or other
applicable
evidence to
verify
Imprint
revolving
account
with
$99/month
used to
qualify.
Bank
statement
in file
reflects
higher and
irregular
payments
of $300
and
$1,000.
  5/21/2026:
Received
billing
stmnt for
4/2026
showing
$67.97
min due
and
payment
history
where
more than
minimum
has been
paid.
  5/21/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $33,086.61 exceed required of $24,065.00.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% is below Guidelines 85% maximum.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 747 exceeds minimum required of 620.

  Complete
365   XXXXXX   XXXXXX   NJ   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS2860: Good credit history

- Clayton Comments: Borrower Has history of good credit with 0 Late Payments > 24 Months

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $ 193,533.66 or 48.28 months of PITIAReserves Required per AUS = $ 24,409.24

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: High Credit 797 Guidelines allow 620

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
359   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 26% DTI below guideline requirement of 43%

 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Borrower does not have any major mortgage related occurrences during the past two years

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: REO investor -Borrower has significant time at current job

  Complete
301   XXXXXX   XXXXXX   OK   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
returned no
score due
to property
type.
Clayton to
order Desk
Review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $28723.24 or 11.43 months of P&I

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 774 fico score exceeds guidelines 620

  Complete
59   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA Risk
could not
be
assessed.
Clayton to
order desk
review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 12.45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 777 mid score > min required of 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $52,178.04 > required $33,924.24

  Complete
589   XXXXXX   XXXXXX   WI   (No
Data)
  ATR/
QM:
Exempt
  D   D   D   D   A   A   A   A   D   D   D   D   A   A   A   A   Credit   Legal
Documents
  Active   D   D   D   D   CRDLGL100   Legal
document
incorrect
or
incomplete
  Yes   The
security
instrument/
Mortgage,
which is
provided
on an IL
form,
displays
this
purchased
WI
property as
an IL
property in
the
Transfer of
Rights in
the
Property
section on
page 4 of
20. The
attached
Legal
Description/Exhibit
A and the
Note
reflects this
correctly as
a WI
property
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in current profession for 45 years.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower credit score of 825 exceeds the min requirement of 620.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Borrowers LTV of 80% is below the max allowed of 85%.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $1,407,477.01 or 512.79 months of PITI.Required reserves are $16,468.32.

  Complete
299   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $34,325.81 exceed required of $16,277.16.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 75% is below guidelines 85% maximum.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 774 exceeds minimum required of 620.

  Complete
1005   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has lived at current residence for the past: 21 years.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Actual LTV 72.95% / Max LTV 90%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower credit score of 818 exceeds min score requirement of 620.

  Complete
120   XXXXXX   XXXXXX   OH   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is 45.40%/maximum 50

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score is 783/minimum 680

 

CFCFS1736: Significant time at current residence

- Clayton Comments: 12 years at current residence

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
117   XXXXXX   XXXXXX   IL   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30x99

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 9 years & 6 months at current residence

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 100 points above guideline minimum of 620

  Complete
991   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Consumer debt 0 x 30 X 346 months > max permitted of 0 X 30 X 12 months.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Mid score of 799 > min required score of 620.

  Complete
14   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   C   C   A   C   C   A   A   C   C   C   A   C   C   A   A   Credit   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CRDATRQM3124   TILA —
Loan subject
to Ability to
Repay/
Qualified
Mortgage
rule; Lender
did not
provide an
ATR/QM
status
determination.
  No   Provide
lender QM
determination.
  5/13/2026:
Received
Safe
Harbor
status.
  5/13/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 745 exceeds minimum of 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with employer > 19 Years

 

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #401 months, Credit ratio 33.37%

  Complete
14   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   C   C   A   C   C   A   A   C   C   C   A   C   C   A   A   Property
Valuations
  Value   Active   C   C   C   C   PRVAVALU5249   Property
Value Not
Supported
  Yes   CDA in file
does not
support
appraised
value.
Clayton to
order Exterior
Only 2055.
  5/14/2026:
Received
Field
Review.
Does not
support
value.
Lender
will need
to order
full
appraisal.
  5/14/2026:
Exception
remains.
  Not
Applicable
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 745 exceeds minimum of 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with employer > 19 Years

 

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #401 months, Credit ratio 33.37%

  Complete
1004   XXXXXX   XXXXXX   CO   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Application   Satisfied   D   A   D   A   CRDAPP4625   The orig file
does not
contain a third
party fraud
report
  No   Missing the
Fraud guard
or like
product
required to
verify Clear
OFAC.
  5/15/2026:
Received
DRIVE
report,
clear
OFAC.
  5/15/2026:
Exception
satisfied.
  Not
Applicable
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO of 743 exceeds the guideline program minimum of 620.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 38.58% is below the guidelines 45%

 

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession, 17 years.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 72.80 %is below the guidelines 75%

  Complete
13   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  B   A   A   A   A   A   B   A   B   A   A   A   A   A   B   A   Compliance   RESPA   Satisfied   B   A   B   A   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   As no ABA
was located, it
was not
possible to
determine if
any fees were
paid to an
affiliate.
  (No Data)   (No Data)   (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 783 mid score > minimum required of 620

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available credit lines @ 0.10%

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower`s DTI 22.91% is below guideline maximum 50%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guidelines allow 75%

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
443   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Affiliate
Business
Disclosure
missing
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 797 FICO exceeds guideline minimum 620

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 89+ months of positive payment history with 0x30 lates

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 11+ years at current residence

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $24404.74 verified cash reserves exceed guideline 6 month requirement $18850.86

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 64.94 LTV below guideline maximum 80%

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 38.68% DTI below guideline maximum 45%

  Complete
345   XXXXXX   XXXXXX   NJ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   C   A   A   A   B   B   C   B   C   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Missing
Affiliate
Business
Disclosure
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score is 706

  Complete
345   XXXXXX   XXXXXX   NJ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   C   A   A   A   B   B   C   B   C   A   A   A   B   B   Credit   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CRDATRQM3124   TILA —
Loan subject
to Ability to
Repay/
Qualified
Mortgage
rule; Lender
did not
provide an
ATR/QM
status
determination.
  No   Provide
lender QM
determination.
  5/13/2026:
Received
Safe
Harbor
status.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score is 706

  Complete
424   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU returned
no score due
to property
type. Clayton
to order Desk
Review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisifed.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #170 months, Credit ratio 1.12%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 789 / 808 exceeds minimum of 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has > #12 years with current employer

  Complete
352   XXXXXX   XXXXXX   WI   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA (or CU)
score is >2.5.
Clayton to
order desk
review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO of 811 exceeds the guideline program minimum of 620.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower Has history of good credit with 0 Late Payments > 24 Months

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $ 69,812.87 or 35.83 months of PITIA Reserves Required per AUS = $ 11,690.89

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has resided at current residence for 5 years.

  Complete
1091   XXXXXX   XXXXXX   ID   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: 10 years at primary residence

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 743 mid score > min required of 620

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 8+ years at current employer

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
517   XXXXXX   XXXXXX   SC   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Application   Satisfied   D   A   D   A   CRDAPP4625   The orig file
does not
contain a
third party
fraud report
  No   Missing a
Fraud Report
for both
applicants
  5/13/2026:
Received
DRIVE
report.
  5/13/2026:
Exception
satisfied.
  Not
Applicable
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit utilization is only less than 7%

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 5/14% is well below guidelines of 45/45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 792 exceeds minimum score of 620

  Complete
517   XXXXXX   XXXXXX   SC   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Insurance   Satisfied   C   A   C   A   CRDINSR289   Insufficient
Hazard
Insurance
Coverage
  No   Hazzard must
reflect
guaranteed
replacement
costs or
additional
coverage is
required.
  5/13/2026:
Received
RCE
showing
$XXXXXX
cost to
rebuild.
  5/13/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit utilization is only less than 7%

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 5/14% is well below guidelines of 45/45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 792 exceeds minimum score of 620

  Complete
1131   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   B   D   A   A   A   D   B   C   B   D   A   A   A   Credit   LTV/
CLTV
  Active   B   B   B   B   CRDLTV5736   LTV
Exceeds
Guideline
Requirement
by less than
5%
  No   Property
purchased
XXXXXX,
$XXXXXX.
LTV 77.88%.
Lender LTV
based on
Appraised
Value
$XXXXXX at
70.21%.
  (No Data)   (No Data)   (No Data)   Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog line items. 781 Median Credit Score, Oldest Trade 3/1993

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves of $73,488.23 exceed guideline requirement of $13,720.56

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 5.167yrs tenure with current self employed business

  Complete
1131   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   B   D   A   A   A   D   B   C   B   D   A   A   A   Credit   Title   Satisfied   C   A   C   A   CRDTIL875   Title Does
Not Agree
With
Mortgage
  No   Title Vesting
XXXXXX.
Loan deed/mtg
closed
XXXXXX, an
unmarried
XXXXXX,
and
XXXXXX, an
unmarried
XXXXXX.
Missing QCD
documentation.
  4/28/2026:
Received
Final Title,
vesting
matches
Mortgage.
  4/28/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog line items. 781 Median Credit Score, Oldest Trade 3/1993

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves of $73,488.23 exceed guideline requirement of $13,720.56

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 5.167yrs tenure with current self employed business

  Complete
1131   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   B   D   A   A   A   D   B   C   B   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
LCA (or CU)
score was not
provided.
Clayton to
order
deskreview
  4/07/2026:
CDA
provided
supports
appraised
value.
  4/07/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Good credit history with no late pay/derog line items. 781 Median Credit Score, Oldest Trade 3/1993

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves of $73,488.23 exceed guideline requirement of $13,720.56

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 5.167yrs tenure with current self employed business

  Complete
999   XXXXXX   XXXXXX   PA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No LCA/CU
score due to
property type.
Clayton to
order Desk
Review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 31.65% is below guideline maximum 45%.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have208 months mortgage payment history 0x30.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 796 mid score > min required of 640

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial Comments  

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
1132   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   D   A   D   A   CMPATRQM3220   TILA -
Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule; the
loan file is
missing
documents
to complete
the ATR/
QM review
and render
an accurate
ATR/QM
status.
  No   1. Missing a
mortgage statement
or documentation to
support $4111.00
PITI for XXXXXX.
Missing borrower
letter of explanation
or other satisfactory
documentation to
support no HOA
expense on
XXXXXX as
qualified with.
  4/27/2026:
Received
HOA info
$200/mo
and
XXXXXX
statement
$4,111.07
PITI.
  4/27/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 765 exceeds min 620.

CFCFS2854: Significant time in profession

- Clayton Comments: 18 years in current profession.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $48,997.72 exceed required reserves $6,496.98.

  Complete
1132   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification
of some or
all
components
of non-
subject
PITI
  No   1. Missing a
mortgage statement
or documentation to
support $4111.00
PITI for XXXXXX.
Missing borrower
letter of explanation
or other satisfactory
documentation to
support no HOA
expense on
XXXXXX as
qualified with.
  4/27/2026:
Received
HOA info
$200/mo
and
XXXXXX
statement
$4,111.07
PITI.
  4/27/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 765 exceeds min 620.

CFCFS2854: Significant time in profession

- Clayton Comments: 18 years in current profession.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $48,997.72 exceed required reserves $6,496.98.

  Complete
1001   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is PIW
approved, Clayton
to order BPO
  5/14/2026:
Received
BPO.
  5/14/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $384,624.68 or 150.39 months PITI reserves. Required reserves $24,263.60

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 803. Minimum score required 620

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrowers have lived at their current home over 11 years

  Complete
1001   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is PIW
approved, Clayton
to order BPO.
  5/14/2026:
Received
BPO.
  5/14/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $384,624.68 or 150.39 months PITI reserves. Required reserves $24,263.60

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 803. Minimum score required 620

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrowers have lived at their current home over 11 years

  Complete
1001   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Value   Active   C   C   C   C   PRVAVALU5249   Property
Value Not
Supported
  Yes   5/14/2026:Exception
added after review
of trailing docs:
Received BPO not
supporting value.
Clayton to order
next level review.
  6/2/2026:
2055
received
did not
support
value.
  6/2/2026:
Exception
remains.
  Not
Applicable
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $384,624.68 or 150.39 months PITI reserves. Required reserves $24,263.60

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 803. Minimum score required 620

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrowers have lived at their current home over 11 years

  Complete
624   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA returned no
score. Clayton to
order Desk Review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower credit score of 754 exceeds min score requirement of 620.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has lived at current residence for the past: 10 years.

CFCFS2854: Significant time in profession

- Clayton Comments: Co-Borrower has been in this line of work in the past: 21 years.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
834   XXXXXX   XXXXXX   WI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU shows no
score due to
Non UAD
form,
Clayton to
order desk
review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 753 mid score > min required of 620

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 70%; guidelines allow 75%.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrowers have been self employed with the same business for 22 years.

  Complete
1120   XXXXXX   XXXXXX   SC   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
LCA score is
>2.5. Clayton
to order desk
review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 747 FICO score. Minimum required 620.

CFCFS2854: Significant time in profession

- Clayton Comments: Co borrower has been in the same profession for 18 years and 2 months.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have lived at current residence for 11 years and 3 months.

  Complete
253   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   A   C   A   CMPTRID3670   TRID - Zero
tolerance fee
or fees
increased at or
prior to
closing
without a
valid reason
or not timely
disclosed;
refund
required
within 60
days of
consummation
  No   $215 zero
tolerance due
to added
Appraisal
recertification
fee without a
valid CoC.
Requires
CoC, or
corrected
PCCD, copy
of refund
check, LOX
and
verification
of shipping.
  05.18.2026
- Missing
COC and
LE
provided
  05.18.2026
-Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in current profession for 20 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Minimum credit score required is 620, borrower’s credit score is 788.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Maximum DTI is 50%, borrower’s DTI is 28.35%.

  Complete
567   XXXXXX   XXXXXX   TN   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA returned
no score.
Clayton to
order Desk
Review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 793 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $28,957.47 / 1624.86 = 17.82 months PITIA > min required reserves $9,749.16.

CFCFS2860: Good credit history

- Clayton Comments: Credit line usage 9.72%.

  Complete
582   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is PIW
approved,
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 802 exceeds 620 minimum required.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $105,563.37 exceed DU required of $18,942.79.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 0x30,0x60,0x90 with 28 months reviewed.

  Complete
582   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is PIW
approved,
Clayton to
order BPO
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 802 exceeds 620 minimum required.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $105,563.37 exceed DU required of $18,942.79.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 0x30,0x60,0x90 with 28 months reviewed.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
828   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   A   C   C   D   C   A   A   D   A   C   C   Compliance   TILA/
RESPA
Integrated
Disclosure
  Active   C   C   C   C   CMPTRID3640   TRID -
CD: Zero
tolerance
fee or fees
increased
at or prior
to closing
without a
valid
reason or
the revised
LE/CD
was not
timely
disclosed;
insufficient
credit or
refund
provided
  Yes   Zero
tolerance
fee or fees
increased
at or prior
to closing
without a
valid
reason or
the revised
LE/CD
was not
timely
disclosed;
insufficient
credit or
refund
provided
$474.70,
due to
amount
went over
$388.70
  (No Data)   (No Data)   Numeric   Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence; 12 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO of 756 is 136 points above program guideline minimum of 620.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job; 22 years and 6 months

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 37.41% DTI is below guideline requirement of 49.99%.

  Complete
828   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   A   C   C   D   C   A   A   D   A   C   C   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   UCDP-
SSR in file
returned
no CU
Score to
support
appraised
value.
Clayton to
order desk
review
  5/15/2026:
Received
CDA
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence; 12 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO of 756 is 136 points above program guideline minimum of 620.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job; 22 years and 6 months

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 37.41% DTI is below guideline requirement of 49.99%.

  Complete
993   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS2854: Significant time in profession

- Clayton Comments: 2 years and 4 months in current profession.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Min credit score required 620. File credit score 801.

  Complete
67   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $163,241.42 or 74.25 months of PITIA.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in this line of work in the past: 22 years.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower credit score of 799 exceeds min score requirement of 620.

  Complete
74   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   B   A   A   D   B   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is
PIW
approved,
Clayton to
order
BPO.
  5/26/2026:
Received
BPO
supporting
value.
  5/26/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80% LTV is below the 90% max.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $51243.83 in reserves are above the required $10519.45

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 764 FICO score is above the 620 min.

  Complete
74   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   B   A   A   D   B   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton to
order
BPO.
  5/26/2026:
Received
BPO
supporting
value.
  5/26/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80% LTV is below the 90% max.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $51243.83 in reserves are above the required $10519.45

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 764 FICO score is above the 620 min.

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
74   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   B   A   A   D   B   A   A   Property
Valuations
  FEMA   Waived   B   B   B   B   PRVAFEMA856   Natural
Disaster Area,
no subsequent
inspection
(Public)
  No   FEMA
Declaration
date
XXXXXX
and AUS
approval
XXXXXX.
PDI to be
ordered by
Clayton.
  4/30/2026:
Client
acknowledges
Level 2
exception,
public
assistance
only.
  4/30/2026:
Waived
non-
material.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80% LTV is below the 90% max.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $51243.83 in reserves are above the required $10519.45

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 764 FICO score is above the 620 min.

  Complete
570   XXXXXX   XXXXXX   NJ   (No
Data)
  ATR/
QM:
Exempt
  C   A   A   A   C   A   A   A   C   A   A   A   C   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR255   Appraisal
form does not
match
property
type(Multi-
Fam)
  No   1st appraisal
under
property is for
a new
property
bought by
borrower
XXXXXX,
not subject
property
  5/6/2026:
Received
correct
appraisal.
SFR,
$XXXXXX
value. SSRs
match.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified credit score 791 exceeds guideline min of 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified DTI 40 is below guideline max of 45% or AUS approved

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $32333.76 AUS requirement of $40356.68

  Complete
92   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 772 is 152 points above program requirements of 620.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets of $332,347.72 or 141.77 PITIA

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 73.03%; guideline allow 80%.

  Complete
106   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #300 months, Credit ratio 59.96%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 769 / 780 exceeds minimum of 620

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Co-Borrower self employed > 9 years

  Complete
413   XXXXXX   XXXXXX   AZ   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
not available.
Clayton to
order Desk
Review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 13 years on job.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $973,564.55 post closing reserves verified. $24,649.10 required per LP AUS.

  Complete
573   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   DU returned 3
score. Clayton
to order Desk
Review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guidelines allow 85%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 19.50%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 778 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $957,892.96 / 198.48 months PITIA > min required of $39,459.60.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
109   XXXXXX   XXXXXX   NY   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No LCA
score, Clayton
to order Desk
Review
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 14.97%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 750 mid score > min required of 620

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 70%; guidelines allow 80%.

  Complete
81   XXXXXX   XXXXXX   AZ   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $20,039.70 required, $153,154.76 post closing verified.

CFCFS5269: Minimal use of credit

- Clayton Comments: 3% Utilization

  Complete
187   XXXXXX   XXXXXX   CT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2900   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule;
Clayton’s
status
determination
places loan in
a riskier status
than the
Lender’s
status
determination.
  No   Lender
verified ATR
Exempt.
Clayton
verified Safe
Harbor. This
is not a
business
purpose cash
out. Lender to
update QM
determination.
  6/4/2026:
Received
Safe Harbor
status.
  6/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 32.52% DTI is below the 50% max.

CFCFS2860: Good credit history

- Clayton Comments: Borrowers have no late payments on credit report.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 723 FICO score is above the 620 min.

  Complete
94   XXXXXX   XXXXXX   MI   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA (or CU)
score is >2.5.
Clayton to
order desk
review.
  5/13/2026:
Received
CDA
supporting
value.
  5/13/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1.0%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guidelines allow 85%.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $32,706.82 or 14.45 months of PITI, Required reserves per AUS are $13,579.50.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 46.92% is below guideline maximum 50%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 805 mid score > min required of 620

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 245 months.

  Complete
264   XXXXXX   XXXXXX   MN   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   B   B   D   B   A   A   D   A   B   B   Compliance   Repayment
Ability
  Active   B   B   B   B   CMPSTRA1497   File does not
contain a
repayment
ability
worksheet
  No   Located UW
comment
sheet in file
identifying
NTB, Interest
rate reduction.
no documents
in file signed
by Borrower
for Net
Tangible
Benefit
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with employer > #12 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 759 exceeds minimum of 620

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #49 months, Credit ratio 17.10%

  Complete
264   XXXXXX   XXXXXX   MN   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   B   B   D   B   A   A   D   A   B   B   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is PIW
approved,
Clayton to
order BPO
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with employer > #12 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 759 exceeds minimum of 620

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #49 months, Credit ratio 17.10%

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
264   XXXXXX   XXXXXX   MN   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   B   B   D   B   A   A   D   A   B   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with employer > #12 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 759 exceeds minimum of 620

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #49 months, Credit ratio 17.10%

  Complete
146   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $532,456.42, DU required $46,914.38 in verified reserves.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 734 mid score > min required of 620

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been with current employer 18 years and in the same profession for 30 years.

  Complete
1154   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Credit   Credit/
Mtg
History
  Satisfied   C   A   C   A   CRDCRMH1805   Debts/
obligations
not
disclosed/
accounted
for at
origination
  No   Missing
evidence
of property
taxes and
insurance
for
XXXXXX.
The
monthly
payment of
$4,814
shown on
the credit
report
doesn’t
specify
whether
taxes and
insurance
are
included in
the
payment.
  5/14/2026:
Received
XXXXXX
Mtg
stmnt. Full
PITI is
$4,811.94.
B1
verifies no
HOA.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 12 years at present job

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 776 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 12.47%

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 23.27% is below guideline maximum 50%.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $37,158.80 /16.66 months PITIA > min required of $37,158.80.

  Complete
1154   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   DU
returned
3.3 score.
Clayton to
order Desk
Review.
  4/07/2026:
CDA
provided
supports
appraised
value.
  4/07/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 12 years at present job

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 776 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 12.47%

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 23.27% is below guideline maximum 50%.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $37,158.80 /16.66 months PITIA > min required of $37,158.80.

  Complete
540   XXXXXX   XXXXXX   IA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   B   B   A   A   A   A   B   B   B   B   A   A   A   A   Credit   Credit/
Mtg
History
  Active   B   B   B   B   CRDCRMH123   No
evidence
of required
debt
payoff
  No   Missing
payoff
from
XXXXXX.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $503,348.73 or 261,66 months of PITI.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 794 mid score > min required of 660.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 35% is below guideline maximum 45%.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
73   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: High Credit 810 Guidelines allow 620

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 16 Years in Current Profession

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $ 21,978.45 or 8.67 months of PITIAReserves Required per AUS = $ 18,877.

  Complete
576   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Current history for payment on primary residence 53 months reviewedno derogatory payments.

CFCFS2860: Good credit history

- Clayton Comments: Credit report reflects zero collections, zero chargeoffs and no bankruptcies. Qualifying score 713.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Reserves post close $35,417.25 or 21.60 months PITIA. LP required reserves $9,459.18.

  Complete
577   XXXXXX   XXXXXX   KY   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 788 exceeds required of 620.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 35.38% is below guidelines 45% maximum.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $34,120.84 exceed required of $11,812.72.

  Complete
254   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has been at current residence 8 years and 3 months.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Borrowers 68.12% LTV is below guideline requirements.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrowers 772 credit score exceeds guidelines.

  Complete
463   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   B   A   A   D   B   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  5/12/2026:
Received
BPO
supporting
value.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower Has history of good credit with 0 Late Payments > 24 Months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: High Credit 795 Guidelines allow 620.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $ 24,888.63 or 11.34 months of PITIAReserves Required per AUS = $ 4,389.84

  Complete
463   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   B   A   A   D   B   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton
to order
BPO.
  5/12/2026:
Received
BPO
supporting
value.
  5/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower Has history of good credit with 0 Late Payments > 24 Months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: High Credit 795 Guidelines allow 620.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $ 24,888.63 or 11.34 months of PITIAReserves Required per AUS = $ 4,389.84

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
463   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   B   A   A   D   B   A   A   Property
Valuations
  FEMA   Waived   B   B   B   B   PRVAFEMA856   Natural
Disaster Area,
no subsequent
inspection
(Public)
  No   FEMA
Declaration
date
XXXXXX
and AUS
Approval
XXXXXX.
PDI to be
ordered by
Clayton.
  4/29/2026:
Client
acknowledges
Level 2
exception.
  4/29/2026:
Waived
non-
material.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower Has history of good credit with 0 Late Payments > 24 Months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: High Credit 795 Guidelines allow 620.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $ 24,888.63 or 11.34 months of PITIAReserves Required per AUS = $ 4,389.84

  Complete
580   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been at their current job over 10 years

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $2,957,123.03 or 1057.01 months PITI reserves. Required 33,811.08

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 763. Minimum score required 620.

  Complete
581   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   The
required
Affiliate
Business
Disclosure
is missing.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1.49%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower score is 786. Minimum score per program is 620.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 82 months with 0x30 Mortgage payment history exceeds guidelines of 12 months.

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrowers have resided at current residence for 27 years.

  Complete
145   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Review DTI of 32.27% is below maximum allowed of 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 776 Credit score exceeds minimum required of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have been at current residence for 15 years

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves of $417,159.01 exceeds LP requirement of $18,026.56.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: All mortgages on Credit Report have 0 X 30 Payment history

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: CO-Borrower has been with current Employer for 9 years

  Complete
65   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2900   TILA —
Loan subject
to Ability to
Repay/
Qualified
Mortgage
rule;
Clayton’s
status
determination
places loan in
a riskier status
than the
Lender’s
status
determination.
  No   Lender
verified
ATR
Exempt.
Clayton
verified
Safe
Harbor.
Lender to
up QM
status or
verify loan
is Business
Purpose
only.
  6/4/2026:
Received
Safe Harbor
status.
  6/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 361 months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 782 is 162 points above minimum program requirement of 620.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has $53,547.34/22.56 PITIA which is > guideline minimum.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
78   XXXXXX   XXXXXX   ID   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B3 has significant time at current job, 9.08 years.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0x30x61 mortgage payment history exceeds guidelines.

CFCFS2854: Significant time in profession

- Clayton Comments: B1 has 18 years in the same profession.

  Complete
71   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 2.12%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 809 mid score > min required of 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 32.70% is below guideline maximum 45%.

  Complete
247   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   B   D   B   D   A   A   A   D   B   D   B   D   A   A   A   Credit   Assets   Satisfied   D   A   D   A   CRDAST2670   Asset
documentation
is insufficient
per guideline
requirements
  No   Missing proof
of 1031
Exchange
funds of
$270,000 used
to qualify.
  5/14/2026:
Received
receipt from
XXXXXX.
Received
$295,577.27
on
1/12/2026.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 13 years 3 months at current residence.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 12 years 10 months at wage earner position, 17 years with secondary self-employment.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage history 99 mos. 0x30 and 7 mos. 0x30.

  Complete
247   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   B   D   B   D   A   A   A   D   B   D   B   D   A   A   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification of
some or all
components of
non-subject
PITI
  No   Missing
documentation
to support
HOA expense
for
XXXXXX.
  5/6/2026:
Received
HOA info.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 13 years 3 months at current residence.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 12 years 10 months at wage earner position, 17 years with secondary self-employment.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage history 99 mos. 0x30 and 7 mos. 0x30.

  Complete
247   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   B   D   B   D   A   A   A   D   B   D   B   D   A   A   A   Credit   Income/
Employment
  Active   B   B   B   B   CRDINC2496   Verbal
verification of
employment
completed
outside the
stated
requirements
and/or after
closing/
funding
  No   Missing
Verbal
Verification of
employment
for B1 wage
position. Only
VVOE in file
is for
secondary
self-
employment.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 13 years 3 months at current residence.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 12 years 10 months at wage earner position, 17 years with secondary self-employment.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage history 99 mos. 0x30 and 7 mos. 0x30.

  Complete
247   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   B   D   B   D   A   A   A   D   B   D   B   D   A   A   A   Credit   Legal
Documents
  Satisfied   D   A   D   A   CRDLGL2550   Missing
HUD-1 from
sale of
property
  No   Missing Final
executed CDs
to support no
longer own
XXXXXX
reflected on
2024 Schedule
E. Properties
not disclosed
as currently
owned on
1003.
  5/6/2026:
Received
verification
both REOs
are owned
by other
individuals.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 13 years 3 months at current residence.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 12 years 10 months at wage earner position, 17 years with secondary self-employment.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage history 99 mos. 0x30 and 7 mos. 0x30.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
247   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   B   D   B   D   A   A   A   D   B   D   B   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
CU score >
2.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 13 years 3 months at current residence.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 12 years 10 months at wage earner position, 17 years with secondary self-employment.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage history 99 mos. 0x30 and 7 mos. 0x30.

  Complete
161   XXXXXX   XXXXXX   ID   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   D   A   D   A   CMPATRQM3220   TILA —
Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule; the
loan file is
missing
documents
to complete
the ATR/
QM review
and render
an accurate
ATR/QM
status.
  No   Missing
mortgage
statement
for
XXXXXX
to verify
mortgage
payment
and that it
is linked to
primary
residence
at
XXXXXX.
  5/4/2026:
Received
PITI info
for
primary.
  5/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 815 exceeds minimum of 620.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% is below 90% guidelines maximum.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of 81,598.48 exceed $0 required.

  Complete
161   XXXXXX   XXXXXX   ID   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification
of some or
all
components
of non-
subject
PITI
  No   Missing
mortgage
statement
for
XXXXXX
to verify
mortgage
payment
and that it
is linked to
primary
residence
at
XXXXXX.
  5/4/2026:
Received
PITI info
for
primary.
  5/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 815 exceeds minimum of 620.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% is below 90% guidelines maximum.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of 81,598.48 exceed $0 required.

  Complete
161   XXXXXX   XXXXXX   ID   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is
PIW
approved,
Clayton to
order BPO
  5/14/2026:
Received
BPO
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 815 exceeds minimum of 620.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% is below 90% guidelines maximum.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of 81,598.48 exceed $0 required.

  Complete
161   XXXXXX   XXXXXX   ID   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton to
order BPO
  5/14/2026:
Received
BPO
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 815 exceeds minimum of 620.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% is below 90% guidelines maximum.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of 81,598.48 exceed $0 required.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
194   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Missing
the
Affiliate
the
Business
Disclosure
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower DTI is 8 points below guideline maximum.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 168 points above guideline minimum of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 5 years & 6 months at current residence

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing reserves $30,863.98 or 9.88 months PITIA exceeds the LP required amount of $20,484.74.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30x99 months.

  Complete
194   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
LCA
score is
>2.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower DTI is 8 points below guideline maximum.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 168 points above guideline minimum of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 5 years & 6 months at current residence

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing reserves $30,863.98 or 9.88 months PITIA exceeds the LP required amount of $20,484.74.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30x99 months.

  Complete
449   XXXXXX   XXXXXX   WY   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No LCA/
CU score
due to
property
type.
Clayton to
order
Desk
Review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has been at current residence for 11.9 years

CFCFS5269: Minimal use of credit

- Clayton Comments: 0% consumer credit utilization in file

  Complete
789   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Affiliate
Disclosure
missing
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 769 FICO exceeds 620 guideline requirement

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 26+ months of on time payments with 0x30 lates

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: 26 months reported no major mortgage related occurrences in past two years

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 67.31% LTV below guideline maximum 80%

  Complete
1147   XXXXXX   XXXXXX   UT   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS2860: Good credit history

- Clayton Comments: Borrower does not have any derogatory credit and little monthly consumer debt.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has more than AUS required amount of reserves.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
189   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Terms/
Guidelines
  Satisfied   D   A   D   A   CRDTER2548   Missing
AUS or
AUS
errors
present
  No   Provide
updated
AUS
reflecting
45.70% DTI
due to
incorrect
grossing-up
of
borrower’s
income.
AUS to
remain
accept.
  5/14/2026:
Received
LP #3 LP
Key
#XXXXXX
run
XXXXXX
with 13/46
ratios.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 9.01%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $48,202.60 reserves exceed required reserves $11,228.98.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have 12+ years at primary residence

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 800 mid score > min required of 620

  Complete
153   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Title   Satisfied   D   A   D   A   CRDTIL865   Title
incomplete
  No   Title
reflecting a
financing
statement
(pg 547)
which
indicates a
lien on
equipment,
copy of
XXXXXX
Agreement
in file
transferring
from Prior
owner to
Borrower
(pg 94), a
copy of the
Solar
Transfer
also in file
(pg 97) File
have a
Performance
Guarantee
and Limited
Warranty
(pg 111)
  6/3/2026:
Received
Final Title.
All liens/
agreements
have been
removed.
  6/3/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 819 exceeds guidelines

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $355,283.66 exceed guidelines

  Complete
136   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has lived at current residence for the past: 30 years.

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Mortgage history reflects 0 x 30 for the past 99 months.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in this line of work in the past: 20 years.

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has been with employer in the past: 16 years.

  Complete
601   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
is >2.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 38.82% is below guideline maximum 45%.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 72.39%; guidelines allow 80%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 775 mid score > min required of 620

  Complete
640   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
is >2.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 786. Minimum score required 620.

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrowers have been at their current residence for 15 years.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been at their current job for 25 years.

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: B2 has been at their current job over 22 years.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $357,433.08 or 84.66 months PITI reserves. No reserves required.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
1086   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
LCA score
is >n/a.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 35.63% is below guideline maximum of 45%

CFCFS2854: Significant time in profession

- Clayton Comments: 22 years in profession

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $163,264.00. Required Reserves by AUS are $17,710.76

  Complete
1027   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   D   A   D   A   D   A   D   A   D   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   D   A   D   A   CMPATRQM3220   TILA — Loan
subject to
Ability to
Repay/
Qualified
Mortgage rule;
the loan file is
missing
documents to
complete the
ATR/QM
review and
render an
accurate ATR/
QM status.
  No   1.) Missing
verification
of HOI for
XXXXXX
2.)
Borrower 1
V VOE
states on
leave;
Missing
Employer
and
Employee
return to
work date
  5/6/2026:
Received
current HOI
for
REO.5/6/2026:
Received
XXXXXX
VVOE, active
employee.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves of $225,750 exceeds LP requirement of $50,228.52.

CFCFS2854: Significant time in profession

- Clayton Comments: Primary Borrower has been in the same line of work for 5 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 755 Credit Score exceeds minimum required of 620

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Both borrower’s mortgages have 0 X 30 Payment histories

  Complete
1027   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   D   A   D   A   D   A   D   A   D   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification of
some or all
components of
non-subject
PITI
  No   Missing
verification
of HOI for
XXXXXX.
  5/6/2026:
Received
current HOI
for REO.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves of $225,750 exceeds LP requirement of $50,228.52.

CFCFS2854: Significant time in profession

- Clayton Comments: Primary Borrower has been in the same line of work for 5 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 755 Credit Score exceeds minimum required of 620

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Both borrower’s mortgages have 0 X 30 Payment histories

  Complete
1027   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   D   A   D   A   D   A   D   A   D   A   Credit   Income/
Employment
  Satisfied   C   A   C   A   CRDINC888   Income
Amount is
Unsupported
by
Documentation
in File
  No   Borrower 1
V VOE
states on
leave;
Missing
Employer
and
Employee
return to
work date
  5/6/2026:
Received
XXXXXX
VVOE, active
employee.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves of $225,750 exceeds LP requirement of $50,228.52.

CFCFS2854: Significant time in profession

- Clayton Comments: Primary Borrower has been in the same line of work for 5 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 755 Credit Score exceeds minimum required of 620

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Both borrower’s mortgages have 0 X 30 Payment histories

  Complete
1027   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   D   A   D   A   D   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
>2.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves of $225,750 exceeds LP requirement of $50,228.52.

CFCFS2854: Significant time in profession

- Clayton Comments: Primary Borrower has been in the same line of work for 5 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 755 Credit Score exceeds minimum required of 620

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Both borrower’s mortgages have 0 X 30 Payment histories

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
1032   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   Income/
Employment
  Satisfied   C   A   C   A   CRDINC2488   Verbal
verification of
employment
missing
  No   Missing
verification
of existence
of self
employment
business
within 120
days days
of closing
for
XXXXXX
  5/6/2026:
Received
verification
business is
in
existence
as of
3/24/2026.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $121,242.72/ 48.30 months PITIA > min required of $22,738.24.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 773 mid score > min required of 620

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 10+ years at present job

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 29.63% is below guideline maximum 45%.

  Complete
1032   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   Income/
Employment
  Satisfied   D   A   D   A   CRDINC3204   Income
Documentation
Missing
  No   Missing
verification
of existence
of self
employment
business
within 120
days days
of closing
for
XXXXXX
  5/6/2026:
Received
verification
business is
in
existence
as of
3/24/2026.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $121,242.72/ 48.30 months PITIA > min required of $22,738.24.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 773 mid score > min required of 620

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 10+ years at present job

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 29.63% is below guideline maximum 45%.

  Complete
1032   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   Legal
Documents
  Satisfied   D   A   D   A   CRDLGL225   Missing Rider   No   Missing the
Renewal
and
Extension
Rider
attached to
the subject
Mortgage/
DOT.
  5/14/2026:
Received
Rider.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $121,242.72/ 48.30 months PITIA > min required of $22,738.24.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 773 mid score > min required of 620

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 10+ years at present job

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 29.63% is below guideline maximum 45%.

  Complete
1032   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject Photos
Unacceptable
  No   The
appraisal is
missing
photos of
the subject
property.
  5/6/2026:
Received
complete
copy of
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $121,242.72/ 48.30 months PITIA > min required of $22,738.24.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 773 mid score > min required of 620

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 10+ years at present job

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 29.63% is below guideline maximum 45%.

  Complete
1032   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal not
Signed
  No   The
appraisal is
missing the
signature
from the
Appraiser.
  5/6/2026:
Received
complete
copy of
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $121,242.72/ 48.30 months PITIA > min required of $22,738.24.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 773 mid score > min required of 620

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 10+ years at present job

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 29.63% is below guideline maximum 45%.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
1032   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   The
appraisal is
missing
photos of
the
comparable
homes
used in the
report.
  5/6/2026: Received
complete copy of
appraisal.
  5/6/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $121,242.72/ 48.30 months PITIA > min required of $22,738.24.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 773 mid score > min required of 620

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 10+ years at present job

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 29.63% is below guideline maximum 45%.

  Complete
595   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   B   A   A   D   B   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation.
LCA score
not
provided.
Clayton to
order desk
review
  5/14/2026:
5/14/2026:
Received CDA.
  5/14/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrowers have lived at their current home over 15 years

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $83,140.66 or 17.19 month PITI reserves. Required 37,592.66 per month

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been self employed over 21 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 760. Minimum score required 620

  Complete
595   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   B   A   A   D   B   A   A   Property
Valuations
  Value   Satisfied   C   A   C   B   PRVAVALU5249   Property
Value Not
Supported
  No   5/14/2026:
Exception
added after
review of
trailing
docs:
5/14/2026:
Received
CDA not
supporting
value.
Clayton to
order next
level
review.
  5/27/2026:
Received a Report
2055 for a CDA not
supporting value.
Subject is noted as
a Duplex with an
ADU. The 2055
Report shows the
subject a SFR with
an ADU. The
subject address is
XXXXXX and
there are two units
on main dwelling.
There is an ADU
with XXXXXX.
The 2055 Report is
incorrect.5/28/2026:
Received Field
Review supporting
value.
  5/27/2026:
Exception
remains.5/28/2026:
Exception
satisfied.
  Not
Applicable
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrowers have lived at their current home over 15 years

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $83,140.66 or 17.19 month PITI reserves. Required 37,592.66 per month

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been self employed over 21 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 760. Minimum score required 620

  Complete
596   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR169   Appraisal
includes one
or more
issue(s)
  No   Missing all
maps,
sketches,
Appraiser
license
cert, E&O.
  5/6/2026: Received
complete appraisal.
  5/6/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $82,922.83 or 17.41 months of P&I. Required reserves $37,143.92

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO is 760, minimum required by G/L is 760

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been self employed for 21.4 years

  Complete
596   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Missing all
Interior
and
Exterior
subject
photos.
  5/6/2026: Received
complete appraisal.
  5/6/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $82,922.83 or 17.41 months of P&I. Required reserves $37,143.92

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO is 760, minimum required by G/L is 760

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been self employed for 21.4 years

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
596   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal not
Signed
  No   Missing
Appraiser
signature
on
appraisal
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $82,922.83 or 17.41 months of P&I. Required reserves $37,143.92

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO is 760, minimum required by G/L is 760

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been self employed for 21.4 years

  Complete
596   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Missing
all comp
photos.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $82,922.83 or 17.41 months of P&I. Required reserves $37,143.92

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO is 760, minimum required by G/L is 760

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been self employed for 21.4 years

  Complete
596   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
Score not
provided.
Clayton
to order
desk
review
  5/21/2026:
Received
CDA
supporting
value.
  5/21/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $82,922.83 or 17.41 months of P&I. Required reserves $37,143.92

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO is 760, minimum required by G/L is 760

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been self employed for 21.4 years

  Complete
1082   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR169   Appraisal
includes one
or more
issue(s)
  No   Missing
Aerial &
Flood
map,
Location
Map,
Appraiser
license,
Rental
MLS
Photos.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 11.67yrs tenure with current employer

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 73.03% LTV below maximum allowed guideline of 85%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $22,582.77 exceed guideline requirement of $18,054.06

  Complete
1082   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Missing
all
appraisal
photos of
the
subject
property
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 11.67yrs tenure with current employer

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 73.03% LTV below maximum allowed guideline of 85%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $22,582.77 exceed guideline requirement of $18,054.06

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/QM
Status
  Loan Level
ATR/QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
1082   XXXXXX   XXXXXX   VA   (No Data)   ATR/QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Missing all
appraisal
photos of
the
comparable
sales
properties
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 11.67yrs tenure with current employer

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 73.03% LTV below maximum allowed guideline of 85%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $22,582.77 exceed guideline requirement of $18,054.06

  Complete
140   XXXXXX   XXXXXX   TX   (No Data)   ATR/QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                               (No Data)   Complete
324   XXXXXX   XXXXXX   NC   (No Data)   ATR/QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 110 points above guideline minimum of 620

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 11 years & 10 months at current job

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has post close assets of $110,212.29. Required reserves are $12,264.39.

  Complete
1009   XXXXXX   XXXXXX   TX   (No Data)   ATR/QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 795 Credit score exceeds guidelines of 620.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing reserves $125,097.19 or 53.63 months PITI.Required reserves $18,914.54.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 86 months with 0x30 mortgage payment history exceeds guideline required 12 months.

  Complete
961   XXXXXX   XXXXXX   FL   QM:
Rebuttable
Presumption
(APOR)
  QM:
Rebuttable
Presumption
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing Assets: $10,835.94 reserves required $5,660.00

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 690 rep score, Minimum required 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 40% DTI-maximum 50%

  Complete
1002   XXXXXX   XXXXXX   VA   QM: Safe
Harbor
(APOR)
  QM: Safe
Harbor
(APOR)
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Credit   Insurance   Satisfied   C   A   C   A   CRDINSR289   Insufficient
Hazard
Insurance
Coverage
  No   Missing
Hazard
insurance
with
coverage of
at least
$XXXXXX.
Policy
provided
shows
$XXXXXX
  5/14/2026:
Received
RCE,
$XXXXXX
rebuild
cost.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 794. Minimum required 620

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrower has lived at their current residence over 19 years

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $389,809.21 or 65.61 months PITI reserves. Required $201,895.50

CFCFS2854: Significant time in profession

- Clayton Comments: The borrower has been in the same profession for 20 years

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
1002   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
is >2.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 794. Minimum required 620

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrower has lived at their current residence over 19 years

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $389,809.21 or 65.61 months PITI reserves. Required $201,895.50

CFCFS2854: Significant time in profession

- Clayton Comments: The borrower has been in the same profession for 20 years

  Complete
1014   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA (or
CU) score
is >2.5.
Clayton to
order
deskreview.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 788 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has 48.10 reserves or $126897.78 PITI post assets reserves only 11.93 months required and 30930.12 PITI

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 0x30 for 54 months.

  Complete
785   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation:
LCA score
no present.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 19+ years at current job

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Borrower does not have any derogatory mortgage related occurrences during past two years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 718 FICO exceeds guideline minimum 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $141799.18 verified cash reserves exceed guidelines required $10,782.84

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 31.61% DTI below guideline maximum 45%

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: Bonus and Other income received and not used for qualifying

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 63+ months of positive mortgage payment history with 0x30 lates

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrowers have resided at current residence for 5 years.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 62.57% LTV below guideline maximum 85%

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
262   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves of $563,640.02 exceed guideline requirement of $28,191.02

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 6.58yrs experience with current employer

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: Additional documented co-borrower base income not used in qualifying in amount of $1141.03 per month.paystub income $14,833.35, lender income $13,692.32

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 29.85%/Lender DTI 27.469% below maximum allowed guidelines of 45%

  Complete
1098   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $101,868.48 or 22.85 PITIA

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 781 is 161 points above program requirement of 620.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is 73.46%; guideline allows 80%.

  Complete
169   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 788. Minimum score required 620

CFCFS2854: Significant time in profession

- Clayton Comments: The borrower has been in the same profession for 15 years

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $74,060.98 or 41.66 months PITI reserves. Required reserves $13,532.39

  Complete
171   XXXXXX   XXXXXX   DE   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  5/19/2026:
Received
BPO
supporting
value.
  5/19/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession, 26 years.

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 1X30, 0X60, 0X90, in #215 months,

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 711 / 705 exceeds minimum of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrowers have resided at current residence for 20 years.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with employer > #6 years

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
171   XXXXXX   XXXXXX   DE   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton to
order
BPO.
  5/19/2026:
Received
BPO
supporting
value.
  5/19/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession, 26 years.

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 1X30, 0X60, 0X90, in #215 months,

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 711 / 705 exceeds minimum of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrowers have resided at current residence for 20 years.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with employer > #6 years

  Complete
426   XXXXXX   XXXXXX   IL   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: 10 years at primary residence

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower`s DTI 49.95% is below guideline maximum 50%

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 20 years

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 85%

  Complete
266   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Missing
Affiliate
Business
Disclosure.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Both Mortgages have 0 X 30 Payment history

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Review DTI of 21.19% is below maximum allowed of 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 780 Credit score exceeds minimum required of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower have been at current residence for 25 years

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves of $18,258.04 exceeds DU requirement of $6,899.57.

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: CO-Borrower has been at current employer for 21 years

  Complete
266   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU Score
is >2.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Both Mortgages have 0 X 30 Payment history

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Review DTI of 21.19% is below maximum allowed of 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 780 Credit score exceeds minimum required of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower have been at current residence for 25 years

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves of $18,258.04 exceeds DU requirement of $6,899.57.

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: CO-Borrower has been at current employer for 21 years

  Complete
220   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #33 months, Credit ratio 21.44%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 757 / 787 exceeds minimum of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $74,991.42Required Reserves are $15,032.28

  Complete
164   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
returned
3.0 score.
Clayton to
order Desk
Review.
  5/15/2026:
Received
CDA
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 809 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1.45%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 74.32%; guidelines allow 85%

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
159   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 15 years in the same profession

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has owned the primary residence 5.75 years

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0x30x57 mortgage payment history

  Complete
746   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower has satisfactory 47 month mortgage payment history

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Minimum credit score required is 620, borrower’s credit score is 773

  Complete
210   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
.BPO
  5/14/2026:
Received
BPO
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 809 fico score exceeds guidelines 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 31 % dti max dti 45

  Complete
210   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  5/14/2026:
Received
BPO
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 809 fico score exceeds guidelines 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 31 % dti max dti 45

  Complete
197   XXXXXX   XXXXXX   NJ   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 777 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $44,263.78 or 6.58 months PITI for all REO > min required of $27,332.38.

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 219 months.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 5.00%

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have 117 months mortgage payment history 0x30.

  Complete
474   XXXXXX   XXXXXX   MD   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: 16 years at primary residence

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 12+ years at present job

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 24 months.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
437   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 4.45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 773 mid score > min required of 620

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 14+ year at current employer

  Complete
199   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score is
not available.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% is below 90% guidelines maximum.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $437,002.12 exceed $0 required.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 794 exceeds 620 minimum.

  Complete
419   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
CU score is n/
a. Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $34,958.34 or 16.97 months of PITI.Required Reserves are $12,631.52.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower credit score of 795 exceeds the min requirement of 620.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower 1 has been at current job for 21 years.

  Complete
211   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   A   C   B   D   B   A   A   D   A   C   B   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2900   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule;
Clayton’s
status
determination
places loan in
a riskier status
than the
Lender’s
status
determination.
  No   Lender
verified ATR
Exempt. Once
fees are
updated and
QM is met,
loan must be
Safe Harbor
or Rebuttable
Presumption
OR lender
must provide
verification
loan is
Business
Purpose use
only.
  5/28/2026:
Received
Business
Purpose
Affidavit.
  5/28/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has an excellent credit payment history with 99 months reviewed reporting 0 late payments.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 781 FICO score. Minimum required 620.

  Complete
211   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   A   C   B   D   B   A   A   D   A   C   B   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2904   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule; is not a
Qualified
Mortgage.
  No   Lender status
Safe Harbor
but Clayton
status
Rebuttable
Presumption
due to
violation of
Higher Priced
Threshold
with Test
APR of
6.492,
Benchmark
Rate 6.170
Benchmark/
APR
Variance
0.322 and
Rate Spread
Trigger
1.50%.
  5/28/2026:
Received
Business
Purpose
Affidavit.
  5/28/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has an excellent credit payment history with 99 months reviewed reporting 0 late payments.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 781 FICO score. Minimum required 620.

  Complete
211   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   A   C   B   D   B   A   A   D   A   C   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   B   C   B   CMPTRID3670   TRID - Zero
tolerance fee
or fees
increased at or
prior to
closing
without a
valid reason
or not timely
disclosed;
refund
required
within 60
days of
consummation
  No   $562 Zero
Percent
Tolerance
Violation due
to increase in
Loan points
from $14063
to $14625 on
Final CD
without a
valid Change
in
Circumstance.
Requires CIC,
or corrected
PCCD, copy
of refund
check, LOX
and
verification of
shipping.
  05.15.2026
- Client
provided
Disclosure
Tracking
document
along with
final CD
verifying
the fee
increase
was valid
  05.15.2026
-
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has an excellent credit payment history with 99 months reviewed reporting 0 late payments.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 781 FICO score. Minimum required 620.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
211   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   A   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU Score 3.2.
Clayton to
order Desk
Review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has an excellent credit payment history with 99 months reviewed reporting 0 late payments.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 781 FICO score. Minimum required 620.

  Complete
603   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 767 mid score > min required of 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 33.83% is below guideline maximum 45%.

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 10+ years at present job

  Complete
716   XXXXXX   XXXXXX   MO   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Assets   Satisfied   D   A   D   A   CRDAST2354   Asset
Verification
In File is
Incomplete
Per
Requirements
  No   Borrower
Letter of
Explanation
regarding large
deposits into
XXXXXX
referencing
deposits on
1/5/2026
$105,000;
1/29/2026
$300,000; and
2/6/2026
$45,000 is not
signed and
dated.
  5/14/2026:
Received
docs for
$300K and
$105K
deposits.
$45K can
be
deducted
from
assets. Not
needed.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: B1 has 25+ years at present job

CFCFS1736: Significant time at current residence

- Clayton Comments: B2 has 26 years at primary residence

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower has 156 months mortgage payment history 0x30

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 300 months

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $155,154.41 / 72.98 months PITIA > min required of $16,535.42

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 39.28% is below guideline maximum 45%

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 300 months

  Complete
716   XXXXXX   XXXXXX   MO   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification
of some or all
components
of non-
subject PITI
  No   Co-Borrower
provided a
LOX dated
2/5/2026
addressing a
credit inquiry
from
XXXXXX on
2/5/2026
indicating
applied as a
cosigner for
Mother’s
HELOC/
processing has
just begun,
loan has not
been approved.
The loan file
contains
aXXXXXX
Open-End
Equity Credit
Agreement &
TIL Disclosure
signed on
XXXXXX
indicating the
HELOC was
opened prior to
subject
transaction
(Note date
3/23/26). The
Co-Borrower’s
final 1003
reflects a
XXXXXX
installment
account for
$400/month.
The account
number of
XXXXXX
flisted on the
1003 matches
the XXXXXX
account
number on the
XXXXXX
Open-End
Equity Credit
Agreement &
TIL
Disclosure.
The loan file
does not
contain a final
HUD
statement
identifying the
initial
disbursement
amount to the
Borrowers;
therefore, the
$400/monthly
payment isn’t
substantiated
with
supporting
documentation.
As well, the
1003 should
have reflected
this HELOC as
a mortgage
account.
  5/19/2026:
Received
HELOC
Agreement
showing
mother
and B2 as
borrowers
with
$400/mo
payment
secured to
XXXXXX
REO.
  5/19/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: B1 has 25+ years at present job

CFCFS1736: Significant time at current residence

- Clayton Comments: B2 has 26 years at primary residence

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower has 156 months mortgage payment history 0x30

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 300 months

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $155,154.41 / 72.98 months PITIA > min required of $16,535.42

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 39.28% is below guideline maximum 45%

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 300 months

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
716   XXXXXX   XXXXXX   MO   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Title   Satisfied   C   A   C   A   CRDTIL875   Title Does
Not Agree
With
Mortgage
  No   Commitment
for Title
Insurance in
file dated
XXXXXX
reflects
vesting as
XXXXXX
with subject
transaction
Deed of
Trust
reflecting
vesting as
XXXXXX,
Tenancy in
Common.
  5/28/2026:
Received
Final Title
showing
updated
vesting.
  5/28/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: B1 has 25+ years at present job

CFCFS1736: Significant time at current residence

- Clayton Comments: B2 has 26 years at primary residence

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower has 156 months mortgage payment history 0x30

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 300 months

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $155,154.41 / 72.98 months PITIA > min required of $16,535.42

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 39.28% is below guideline maximum 45%

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 300 months

  Complete
717   XXXXXX   XXXXXX   PA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Photos of the
Subject
Property are
not visible
on the PDF
found in the
loan file,
provide a
copy of the
PDF file that
includes
legible
photos.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower(s) have minimal usage of available revolving credit of 6.81%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 756 mid score is > minimum required score of 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is 37.88% and is < maximum allowed of 45%

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower(s) have 54 months mortgage payment history of 0/30

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified funds $192,471.40.Cash to close $153,522.16 Required reserves $17,762.26, excess reserves $38,949.24.

  Complete
717   XXXXXX   XXXXXX   PA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Photos of the
Comparables
are not
visible on
the PDF
found in the
loan file,
provide a
copy of the
PDF file that
includes
legible
photos.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower(s) have minimal usage of available revolving credit of 6.81%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 756 mid score is > minimum required score of 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is 37.88% and is < maximum allowed of 45%

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower(s) have 54 months mortgage payment history of 0/30

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified funds $192,471.40.Cash to close $153,522.16 Required reserves $17,762.26, excess reserves $38,949.24.

  Complete
717   XXXXXX   XXXXXX   PA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
is >2.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower(s) have minimal usage of available revolving credit of 6.81%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 756 mid score is > minimum required score of 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is 37.88% and is < maximum allowed of 45%

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower(s) have 54 months mortgage payment history of 0/30

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified funds $192,471.40.Cash to close $153,522.16 Required reserves $17,762.26, excess reserves $38,949.24.

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
594   XXXXXX   XXXXXX   ID   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1.98%

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 22.732% is below guideline maximum 50%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower score is 791. Minimum score per program is 620.

  Complete
550   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Credit/
Mtg
History
  Satisfied   C   A   C   A   CRDCRMH1805   Debts/
obligations
not
disclosed/
accounted
for at
origination
  No   Missing
evidence
of hazard
insurance
payment
for REO
located at
XXXXXX.
  5/21/2026:
Received
XXXXXX
letter
showing
forced-
placed
H06 for
$563.47
annual.
  5/21/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 72.22% guidelines allow 85%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 728 mid score > min required of 620

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrowers have54 months mortgage payment history 0x30.

  Complete
1057   XXXXXX   XXXXXX   DE   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified DTI of 19% is below guideline max of 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified credit Score 780 exceeds guideline min of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified reserves calculated at $78985.52 exceeds AUS requirement of $25291.44

  Complete
214   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is
PIW
approved,
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 32 Years at Current Residence

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $ 159,759.65 or 77.61 months of PITIAReserves Required per AUS = $ 12,351.44

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 40 Years in Current Profession

  Complete
214   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton to
order BPO.
  5/15/2026:
Received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 32 Years at Current Residence

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $ 159,759.65 or 77.61 months of PITIAReserves Required per AUS = $ 12,351.44

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 40 Years in Current Profession

  Complete
1026   XXXXXX   XXXXXX   MN   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
returned no
score.
Clayton to
order Desk
Review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #201 months, Credit ratio 34.29%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 789 exceeds minimum of 620

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower with current employer > 10 years

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
248   XXXXXX   XXXXXX   OH   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   D   B   A   A   D   B   C   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   B   C   B   CMPTRID3640   TRID - CD:
Zero
tolerance fee
or fees
increased at
or prior to
closing
without a
valid reason
or the revised
LE/CD was
not timely
disclosed;
insufficient
credit or
refund
provided
  No   Need
evidence of
change of
circumstance
letter or a
copy of a
refundable
check in the
amount of
$204.69 for
zero tolerance
fees.Credit
report
increased $1
from $200 to
$201 on the
CD dated
XXXXXX
Title Lenders
Insurance
increased
$45.69 from
$1088 to
$1133.69 on
the CD dated
XXXXXX
Title
Mechanics
Lien
Endorsement
fee increased
$150 from $0
to $150 on the
CD dated
XXXXXX
Title E-
Recording fee
increased
$9.50 from $0
to $9.50 on
the CD dated
XXXXXX
The title fees
were paid to
Win Title
Agency, an
Affiliate, and
were tested at
a 0%
tolerance.
Total
tolerance
amount is
$206.19. A
$1.50
tolerance cure
was provided
on the Final
CD.
Tolerance in
the amount of
$204.69
remains.
  05.18.2026
-Cure
provided
via refund.
  05.18.2026
-Exception
satisfied
  Numeric   Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with current Employer for 15 years

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves of $637,210.69 exceeds DU requirement of $55,645.08

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Review DTI of 38.23% is below maximum allowed of 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 770 Credit score exceeds minimum required of 620

  Complete
248   XXXXXX   XXXXXX   OH   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   D   B   A   A   D   B   C   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score
>2.5. Clayton
to order desk
review
  5/14/2026:
Received
CDA not
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with current Employer for 15 years

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves of $637,210.69 exceeds DU requirement of $55,645.08

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Review DTI of 38.23% is below maximum allowed of 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 770 Credit score exceeds minimum required of 620

  Complete
248   XXXXXX   XXXXXX   OH   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   D   B   A   A   D   B   C   B   Property
Valuations
  Value   Satisfied   C   A   C   B   PRVAVALU5249   Property
Value Not
Supported
  No   5/14/2026:
Exception
added after
review of
trailing docs:
5/14/2026:
Received
CDA not
supporting
value. Clayton
to order next
level review.
  6/1/2026:
Received
Field
Review
supporting
value.
  6/1/2026:
Exception
satisfied.
  Not
Applicable
  (No Data)  

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with current Employer for 15 years

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves of $637,210.69 exceeds DU requirement of $55,645.08

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Review DTI of 38.23% is below maximum allowed of 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 770 Credit score exceeds minimum required of 620

  Complete
588   XXXXXX   XXXXXX   KS   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   C   A   D   A   A   A   D   A   C   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2900   TILA —
Loan subject
to Ability to
Repay/
Qualified
Mortgage
rule;
Clayton’s
status
determination
places loan in
a riskier status
than the
Lender’s
status
determination.
  No   Lender
verified ATR
Exempt.
Clayton
verified Safe
Harbor.
Lender to
update QM
determination
or verify
business
purpose use.
  5/26/2026:
Received
Affidavit
from
Borrower,
Business
purpose.
  5/26/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $47,134.72 or 27 months reserves, required reserves $10,458.54 or 6 months reserves

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 774 mid score > min required of 620

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving lines @4.56%

  Complete
588   XXXXXX   XXXXXX   KS   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   C   A   D   A   A   A   D   A   C   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   A   C   A   CMPTRID3626   TRID — CD:
Loan
consummated
before end of
waiting
period
  No   Need proof
initial CD was
received by
borrower 3
days before
consummation
date of
XXXXXX
  05.21.2026
— ICD
tracking
received
  05.21.2026
-Exception
satisfied
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $47,134.72 or 27 months reserves, required reserves $10,458.54 or 6 months reserves

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 774 mid score > min required of 620

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving lines @4.56%

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
588   XXXXXX   XXXXXX   KS   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   C   A   D   A   A   A   D   A   C   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA/CU
— no
value
reporting.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $47,134.72 or 27 months reserves, required reserves $10,458.54 or 6 months reserves

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 774 mid score > min required of 620

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving lines @4.56%

  Complete
213   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Has 15 years at current profession.

 

CFCFS2860: Good credit history

- Clayton Comments: Good history on credit report.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Score 769 exceeds min 620

  Complete
201   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves $429,318.48 exceed required reserves $14,535.72.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have 17 years 6 months at current residence.

 

CFCFS2854: Significant time in profession

- Clayton Comments: B1 has 20 years 4 months in same line of work. B2 has 27 years 4 months in same line of work.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage history reports 50 mos. 0x30 and 66 mos. 0x30.

  Complete
278   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Affiliate
Business
Disclosure
missing
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $265,951.77 or 47.45 months PITI , No reserves required per AUS.

 

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession for the co-borrower, 37 years.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time in profession, 11 years.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 75% LTV below guideline requirements of 90% per program.

  Complete
280   XXXXXX   XXXXXX   MO   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   UCDP-
SSR in
file
returned
no LCA
Score to
support
appraised
value.
Clayton to
order desk
review
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets: $432,598.42Required Reserves: $17,789.86

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence; 12 years and 10 months

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO of 723 is 103 points above program guideline minimum of 620.

  Complete
819   XXXXXX   XXXXXX   NE   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 819 fico score exceeds guidelines 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 32% DTI below max dti 45%

 

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrowers have resided at current residence for 7 years.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job, 14 years.

  Complete
203   XXXXXX   XXXXXX   OK   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score
is >2.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 18.59% is below Guidelines 45% maximum.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 787 exceeds minimum required of 620.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 27 years at current job.

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
276   XXXXXX   XXXXXX   IL   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
LCA score
not
established.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves $168,854.89 exceed required reserves $35,708.30.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrower has low use of consumer credit. Credit line usage 4.72%.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage history reports 51 mos. 0x30, 8 mos. 0x30, 15 mos. 0x30 and 54 mos. 0x30.

  Complete
1025   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
LCA score of
3 is above the
acceptable
>2.5. Clayton
to order desk
review
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: High Credit 783 Guidelines allow 620

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 20 Years at Current Residence

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 24 Years in Current Profession

  Complete
105   XXXXXX   XXXXXX   NV   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Terms/
Guidelines
  Satisfied   C   A   C   A   CRDTER3122   Loan
documents
do not meet
guideline
requirements
  No   Per Final CD
page 3 of
final CD,
America First
CU is to be
PIF and
subordinated.
The 1008 and
LP Findings
do not
include an
HCLTV for
the
subordinate
lien. There is
a
Subordination
Agreement
on page 502
of the PDF
signed and
notarized.
Provide
updated docs
with
subordinate
lien approved
or proof 2nd
lien is closed.
  5/21/2026:
Received
updated
AUS and
credit supp
for open
2nd lien $0
balance.
Still App/
Eli.
  5/21/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Score of 791 exceeds min 620.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 5.2 years at current primary.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 15 years at current job.

  Complete
268   XXXXXX   XXXXXX   TN   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Legal
Documents
  Satisfied   D   A   D   A   CRDLGL225   Missing
Rider
  No   The 1-4
Family Rider
is missing.
  5/4/2026:
Received
Family
Rider.
  5/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower 2 has been in her profession for almost 20 years.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Borrowers LTV of 72.10% is less than the max allowed of 85%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrowers credit score of 770 exceeds the min requirement of 620.

  Complete
251   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification
of some or
all
components
of non-
subject PITI
  No   Missing LOX
confirm no
non subject
properties are
subject to
HOA dues.
Property
reports
provided do
not confirm.
XXXXXX
pulls up as
vacant land
on zillow and
realtor.com.
  5/8/2026:
Received
verification,
no HOA.
  5/8/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 34.96% is below guideline maximum 45%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing reserves $610,564.68 or 235.87 months PITIA. Required reserves per DU approval $104,749.93.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have104 months mortgage payment history 0x30.

CFCFS2854: Significant time in profession

- Clayton Comments: 24 years at present job.

  Complete
447   XXXXXX   XXXXXX   MD   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 36.244% is below max 50%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 796 exceeds min of 620.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 7.2 years at primary residence

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
1028   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 11.92 years in the same profession

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have owned the primary residence 7.83 years

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $27,474.30 or 12.03 months of PITI.$13,708.26 required reserves.

  Complete
1067   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   D   D   D   A   A   A   A   D   D   D   D   A   A   A   A   Credit   DTI   Active   A   B   A   B   CRDDTI106   Debt
Ratio
Exception
>5% and
<10%
  No   Lender
approved at
38.95%.
Clayton
calculated
income for
B1
$15,666.68.
Primary
$5,095.00
+ other
debt $1,517
+ Subject
Net rental
Loss
$577.75 =
$7,189.75
resulting in
DTI of
45.89%.
Difference
is due to
primary
residence
PITI of
$5,095,
lender used
$3,807.00.
  (No Data)   0428/2026;
Exception
cancelled,
added in
error.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 787 is 167 points above program minimum requirements of 620.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 69 months with 0x30 Mortgage payment history exceeds guidelines of 12 months.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $35,302.34 or 13.59 months PITI, Required PITI Reserves per AUS are $15,588.96.

  Complete
1067   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   D   D   D   A   A   A   A   D   D   D   D   A   A   A   A   Credit   Terms/
Guidelines
  Active   D   D   D   D   CRDTER2548   Missing
AUS or
AUS
errors
present
  Yes   Lender
approved at
38.95%.
Clayton
calculated
income for
B1
$15,666.68.
Primary
$5,095.00
+ other
debt $1,517
+ Subject
Net rental
Loss
$577.75 =
$7,189.75
resulting in
DTI of
45.89%.
Difference
is due to
primary
residence
PITI of
$5,095,
lender used
$3,807.00
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 787 is 167 points above program minimum requirements of 620.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 69 months with 0x30 Mortgage payment history exceeds guidelines of 12 months.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $35,302.34 or 13.59 months PITI, Required PITI Reserves per AUS are $15,588.96.

  Complete
295   XXXXXX   XXXXXX   DC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA (or
CU) score
is >2.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 811 mid score > min required of 620

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 64.63%; guidelines allow 75%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $442,035.15 > required $18,487.56.

  Complete
1048   XXXXXX   XXXXXX   KY   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No CU
score.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Credit line usage 1.95%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 758 mid score > min required of 620.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets $8,846.82 or 6.8 months PITIA reserves. Minimum required reserves $0.00.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guidelines allow 80%.

  Complete
837   XXXXXX   XXXXXX   MO   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
LCA (or
CU) score
is n/a.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets $162,837.35 or 87.61 months PITI meeting DU Reserve requirement of $59,916.30.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified FICO 775 score. Minimum required 620.

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 0x30x51 months positive mortgage payment history.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
569   XXXXXX   XXXXXX   MO   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Appraisal
Unit 1 is
identified
as a 2
bedroom.
Unit 1
bedroom
photos
contain
only 1
bedroom
photo.
Appraisal
is missing
a second
bedroom
photo.
  5/26/2026:
Received
corrected
appraisal.
  5/26/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 45.03% is below guideline maximum 50%.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 254 months

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $167,424.58 / 59.72 months PITIA > min required of $68,187.81

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 775 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 3.26%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 69.60%; guidelines allow 75%

  Complete
569   XXXXXX   XXXXXX   MO   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No LCA/
CU score
due to
property
type.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 45.03% is below guideline maximum 50%.

 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 254 months

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $167,424.58 / 59.72 months PITIA > min required of $68,187.81

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 775 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 3.26%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 69.60%; guidelines allow 75%

  Complete
361   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   B   B   D   B   A   A   D   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Affiliate
Business
Disclosure
missing
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score is 777. The Minimum Score Requirement is 620.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $197,521 or 50.88 months of PITI. Reserves are not required on this Loan.

  Complete
361   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   B   B   D   B   A   A   D   A   B   B   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is
PIW
approved,
Clayton to
order
BPO.
  5/21/2026:
Received
BPO
supporting
value.
  5/21/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score is 777. The Minimum Score Requirement is 620.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $197,521 or 50.88 months of PITI. Reserves are not required on this Loan.

  Complete
361   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   B   B   D   B   A   A   D   A   B   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton to
order
BPO.
  5/21/2026:
Received
BPO
supporting
value.
  5/21/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score is 777. The Minimum Score Requirement is 620.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $197,521 or 50.88 months of PITI. Reserves are not required on this Loan.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
217   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
score
>2.5.
Clayton
to order
Desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Review DTI of 39.33% is below maximum allowed of 45%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 768 Credit score exceeds minimum required of 620

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Both Mortgages have Payment history of 0 X 30 over 26+ months

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 60.58% is below maximum allowed

  Complete
343   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO of 683 exceeds the guideline program minimum of 620.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has resided at current residence for 5 years.

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 38 Years in Current Profession

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $ 120,919.37 or 37.26 months of PITIA. Reserves Required per AUS = $ 19,469.28

  Complete
425   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   C   A   D   A   A   A   D   A   C   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2900   TILA —
Loan subject
to Ability to
Repay/
Qualified
Mortgage
rule;
Clayton’s
status
determination
places loan in
a riskier status
than the
Lender’s
status
determination.
  No   Lender
verified
ATR
Exempt.
Clayton
verified
Safe
Harbor.
Lender
to
update
QM
status or
verify
loan is
business
purpose.
  6/3/2026:
Received
Safe
Harbor
status.
  6/3/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $30,751.11 / 22.82 months PITIA > min required of $2,695.08.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guidelines allow 90%.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 6.32%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 802 mid score > min required of 620

  Complete
425   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   C   A   D   A   A   A   D   A   C   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
score is
>2.5.
Clayton
to order
desk
review
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $30,751.11 / 22.82 months PITIA > min required of $2,695.08.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guidelines allow 90%.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 6.32%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 802 mid score > min required of 620

  Complete
1060   XXXXXX   XXXXXX   MD   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: High Credit 793 Guidelines allow 620

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 17 Years at Current Residence

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $ 930,476.39 or 355.39 months of PITIAReserves Required per AUS = $ 20,988.96

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/QM
Status
  Loan Level
ATR/QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
307   XXXXXX   XXXXXX   TN   (No Data)   ATR/QM:
Exempt
  C   A   A   A   C   A   A   A   C   A   A   A   C   A   A   A   Property
Valuations
  FEMA   Satisfied   C   A   C   A   PRVAFEMA858   Natural
Disaster Area,
no subsequent
inspection
(Individual &
Public)
  No   FEMA
Declaration
date
XXXXXX
and Appraisal
completed
XXXXXX.
PDI to be
ordered by
Clayton to
verify no
damage.
  6/2/2026:
Received
PDI dated
4/30/2026,
no
damage,
  6/2/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 784 fico score exceeds guidelines 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $173811.02 or 86.78 months of P&I

  Complete
308   XXXXXX   XXXXXX   UT   (No Data)   ATR/QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 15 years 3 months at current job.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO of 800 is 180 points above the 620 required.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Reserves of $117,395.90 is $99,452.36 greater than the $17,943.54 reserves required.

  Complete
309   XXXXXX   XXXXXX   CA   QM:
Rebuttable
Presumption
(APOR)
  QM:
Rebuttable
Presumption
(APOR)
  C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   A   C   A   CMPTRID3670   TRID — Zero
tolerance fee
or fees
increased at or
prior to
closing
without a
valid reason
or not timely
disclosed;
refund
required
within 60
days of
consummation
  No   $1301.93
Zero Percent
Tolerance
Violation due
to increase in
Broker fees
from $12038
to $12823.29
and Decrease
in lender
credits from
$6062 to
$5545.36 at
or prior to
closing
without a
valid Change
in
Circumstance.
Requires CIC,
or corrected
PCCD, copy
of refund
check, LOX
and
verification of
shipping.
  05.19.2026
-COC
provided
  05.19.2026
-Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 23 Years in Current Profession

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $ 28,056.51 or 6.36 months of PITIAReserves Required per AUS = $ 26,475.02

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: High Credit 713 Guidelines allow 620

  Complete
246   XXXXXX   XXXXXX   CA   (No Data)   ATR/QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU Score not
provided.
UAD not
preformed.
Clayton to
order desk
review
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $103640.36 verified cash reserves exceed guideline requirement $48332.40

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 780 FICO exceeds guideline minimum 620

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 6.73%

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 41.75% DTI below guideline maximum 45%

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 7 years at current residence with no housing expense

  Complete
317   XXXXXX   XXXXXX   NV   (No Data)   ATR/QM:
Exempt
  A   A   A   A   A   A   N/A   N/A   A   A   A   A   A   A   N/A   N/A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 804 qual score; min 620.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 55mo. 0x30 mortgage payment history; 0x30x12 required.

  Complete
1049   XXXXXX   XXXXXX   VA   (No Data)   ATR/QM:
Exempt
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is PIW
approved,
Clayton to
order BPO
  5/29/2026:
Received
BPO
  5/29/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Min credit score required 620. File credit score 813.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: 10 years and 0 months in current residence.

  Complete
1049   XXXXXX   XXXXXX   VA   (No Data)   ATR/QM:
Exempt
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is PIW
approved,
Clayton to
order BPO.
  5/29/2026:
Received
BPO
  5/29/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Min credit score required 620. File credit score 813.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: 10 years and 0 months in current residence.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
1049   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Value   Active   C   C   C   C   PRVAVALU5249   Property
Value
Not
Supported
  Yes   5/29/2026:
Exception
added after
review of
trailing
docs:
Received
BPO not
supporting
value.
Clayton to
order next
level
review.
  (No Data)   (No Data)   Not
Applicable
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Min credit score required 620. File credit score 813.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: 10 years and 0 months in current residence.

  Complete
820   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                               (No Data)   Complete
737   XXXXXX   XXXXXX   NJ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
is
unavailable.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 702 exceeds guidelines 620 minimum.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 55.76% is below guidelines 70% maximum.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $150,337.33 exceed $46,365 required

  Complete
1023   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 6 years at current job

 

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: Another income and bonus income not used to qualify

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 797 fico score exceeds guidelines 620

  Complete
1100   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
is >2.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guidelines allow 90%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 774 is 154 points above minimum program requirement of 620.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has $76,093.16/41.23 PITIA which is > guideline minimum.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 32.56% is below the guideline maximum of 50%.

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 296 months.

  Complete
882   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score is
>2.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been with the same employer for five years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 798 is 178 points above program minimum requirement of 620.

 

CFCFS1746: Significant housing expense reduction

- Clayton Comments: The borrower has been at the same residence for seven years

  Complete
981   XXXXXX   XXXXXX   OR   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 36.20% is below Guidelines 45%.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 14 years at current employer

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 790 mid score > min required of 620

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
896   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation
CU
score is
> 2.5,
and
Updated
valuation
is
required.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: Primary has maintained successful employment in the Oil industry for 40 years.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower’s have an excellent mortgage payment history with 99 months reviewed reporting 0 late payments.

  Complete
511   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job; 26 years and 1 month

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80.00% LTV below guideline requirements of 85.00% per program.

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence; 23 years and 6 months

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO of 784 is 164 points above program guideline minimum of 620.

  Complete
832   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 18.26% is below maximum allowed 50%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 80% is below the maximum allowed 90%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 802 exceeds guidelines.

  Complete
1114   XXXXXX   XXXXXX   MD   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 812 exceeds minimum required of 620.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 20 years with current employer.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of 75,377.72 exceed required of $19,385.94.

  Complete
356   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 10.5yrs tenure with current self-employed business

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: Additional documented $39,932.11 per month income not used in qualifying. Compensating factor only.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 70% LTV below maximum allowed 85% LTV

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 49 consecutive months current mortgage history exceeds 24 month guideine

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
411   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has over 71 months PITI in reserves post close

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: credit score of 785 exceeds 640 program minimum

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower appears to be career XXXXXX, with over 12 years with the employer

  Complete
272   XXXXXX   XXXXXX   CO   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession, 10 years.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $56,331.36 or 32.54 months PITI. Required reserves per AUS are $9,784.14

CFCFS1750: High potential for increased earnings

- Clayton Comments: Borrower’s position as XXXXXX at well know firm warrants upward future earnings.

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrowers have resided at current residence for 5 years.

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrower does not overly utilize credit. Only 2 accounts included in credit usage.

CFCFS2860: Good credit history

- Clayton Comments: No derogatories reflected on credit report.

  Complete
1095   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have lived at current primary residence for 10 years.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrowers credit score of 732 exceeds the min requirement of 620.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Borrower LTV of 75% is less than the max allowed of 90%.

  Complete
1036   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to
orderBPO
  5/15/2026:P BPO
received has the
incorrect subject
address photo for
house XXXXXX.
Subject is
XXXXXX.6/3/2026:
BPO received
supports appraised
value with correct
photos.
  5/15/2026:
Exception
remains.6/3/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: 30 years at residence

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 38 years at current job

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: Bonus income not used to qualify

  Complete
1036   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  5/15/2026:P BPO
received has the
incorrect subject
address photo for
house XXXXXX.
Subject is
XXXXXX.6/3/2026:
BPO received
supports appraised
value with correct
photos.
  5/15/2026:
Exception
remains.6/3/2026:
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: 30 years at residence

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 38 years at current job

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: Bonus income not used to qualify

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
1017   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
score is
not
available.
Clayton to
order desk
review
  5/21/2026:
Received
CDA
supporting
value.
  5/21/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: 11 years at primary residence

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 796 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $307,971.47 post close reserves Required reserves $23,572.78

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 20 years.

  Complete
321   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2900   TILA —
Loan subject
to Ability to
Repay/
Qualified
Mortgage
rule;
Clayton’s
status
determination
places loan in
a riskier status
than the
Lender’s
status
determination.
  No   Lender’s
MAVENT
findings
indicate
QM status
is ATR/
QM
Exempt.
  5/21/2026:
Received
Safe
Harbor
status.
  5/21/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 17.34%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 782 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $566,969.09 / 115.76 months PITIA > min required of $56,936.17.

  Complete
418   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 777 mid score > min required of 620

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 9.5 years at current employer

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 2.02%

  Complete
537   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: Actual bonus earnings not included in analysis, 24 month avg of $1304 per month used. Annual $31,296/12=$2608 actual earnings. Prior employment bonus history supports $70,446.43 conservative bonus history. Would have been comfortable using 12 mth average.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 55 consecutive months current mortgage payment history exceeds 24 month guideline review

CFCFS2860: Good credit history

- Clayton Comments: Excellent credit history with no late pay items. 793 Median Credit Score, 2% revolving credit usage, 55 months current mortgage history

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $17,392.72 exceed guideline requirement of $3874.74

  Complete
538   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Minimum FICO is 620; Verified FICO was 752

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has maintained significant time in profession over a 10 year period

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has maintained a positve 0 x 30 lifetime mortgage payment history

  Complete
466   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $16.693.20 or 6.62 months PITI. Required PITI Reserves per AUS is $14,987.52

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 10 Years in Current Profession

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: High Credit 750 Guidelines allow 620

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
630   XXXXXX   XXXXXX   SC   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 25 Years at Current Residence

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: High Credit 817 Guidelines allow 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $ 75,625.67 or 52.76 months of PITIAReserves Required per AUS = $ 9,768.68

  Complete
539   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 4.87%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 749 mid score > min required of 620

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 0x30 for 25 months.

  Complete
12   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification of
some or all
components
of non-subject
PITI
  No   Missing
evidence of
HOA dues for
primary
residence.
  5/4/2026:
Received
verification
$145/semi-
annual
HOA.
  5/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 28 years.

CFCFS1736: Significant time at current residence

- Clayton Comments: 28 years at primary residence.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 36.54% is below guideline maximum 45%.

  Complete
12   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Legal
Documents
  Satisfied   D   A   D   A   CRDLGL4033   Missing Legal
Document(s)
  No   Missing
executed
contract
addendum for
the final
purchase
price.
  5/4/2026:
Received
addendum
showing
$XXXXXX
SP.
  5/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 28 years.

CFCFS1736: Significant time at current residence

- Clayton Comments: 28 years at primary residence.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 36.54% is below guideline maximum 45%.

  Complete
525   XXXXXX   XXXXXX   OH   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score 2.6.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 72 months.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1.99%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 765 mid score > min required of 620

  Complete
476   XXXXXX   XXXXXX   UT   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 18.01% DTI is below guideline maximum 45%.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $109,239.05 or 31.32 months of P&I$29,841.30 Required reserves

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 810 mid score > min required of 620

  Complete
468   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CRDATRQM3124   TILA —
Loan subject
to Ability to
Repay/
Qualified
Mortgage
rule; Lender
did not
provide an
ATR/QM
status
determination.
  No   Provide
lender QM
determination.
  5/15/2026:
Received
Safe
Harbor
status.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $38827.96 months of reserves are above the required $30613.16

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 68.83% LTV is below the 75% max.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 800 FICO score is above the 620 min.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
504   XXXXXX   XXXXXX   AZ   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has significant time in profession, 30 years.

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence, 27 years.

  Complete
469   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   Terms/
Guidelines
  Satisfied   D   A   D   A   CRDTER2548   Missing AUS
or AUS errors
present
  No   Provide latest
DU findings
casefile
#XXXXXX
as noted on
1008.
  5/6/2026:
Received
DU #3
XXXXXX
casefile
#XXXXXX.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified $114,334.13 in post closing reserves.DU requires $60,066.19 reserves.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score is 728/minimum 620

  Complete
469   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score is >
2.5 Clayton to
order desk
review
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified $114,334.13 in post closing reserves.DU requires $60,066.19 reserves.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score is 728/minimum 620

  Complete
464   XXXXXX   XXXXXX   UT   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been at current place of employment for 13 years

CFCFS5269: Minimal use of credit

- Clayton Comments: 5% consumer credit utilization in file

  Complete
1012   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   C   A   A   A   B   B   C   B   C   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Missing the
Affiliate
Business
Disclosure.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: ASSETS: $15,953.32 reserves required.Total assets: $2,098,561.62 verified.

CFCFS2854: Significant time in profession

- Clayton Comments: 10 years 7 months time in profession.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 767 score exceeds 620 minimum.

  Complete
1012   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   C   A   A   A   B   B   C   B   C   A   A   A   B   B   Credit   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CRDATRQM3124   TILA —
Loan subject
to Ability to
Repay/
Qualified
Mortgage
rule; Lender
did not
provide an
ATR/QM
status
determination.
  No   Provide
lender QM
determination.
  5/15/2026:
Received
Safe Harbor
status.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: ASSETS: $15,953.32 reserves required.Total assets: $2,098,561.62 verified.

CFCFS2854: Significant time in profession

- Clayton Comments: 10 years 7 months time in profession.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 767 score exceeds 620 minimum.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
513   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   C   A   A   A   B   B   C   B   C   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Provide
missing
Affiliated
Business
Disclosure.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 17+ years at current employer

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $1,491,164.80 or 235 months reserves , Reserves required $12,670.08 or two months reserves

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 791 mid score > min required of 620

  Complete
513   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   C   A   A   A   B   B   C   B   C   A   A   A   B   B   Credit   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CRDATRQM3124   TILA —
Loan subject
to Ability to
Repay/
Qualified
Mortgage
rule; Lender
did not
provide an
ATR/QM
status
determination.
  No   Provide
lender QM
determination.
  5/15/2026:
Received
Safe
Harbor
status.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 17+ years at current employer

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $1,491,164.80 or 235 months reserves , Reserves required $12,670.08 or two months reserves

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 791 mid score > min required of 620

  Complete
514   XXXXXX   XXXXXX   OR   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in this line of work in the past: 9 years.

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has been with employer in the past: 9 years.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower credit score of 801 exceeds min score requirement of 620.

  Complete
515   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
LCA (or CU)
score is >2.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower Has history of good credit with 0 Late Payments > 24 Months

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: High Credit 761 Guidelines allow 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $ 26,171.57 or 6.30 months of PITIAReserves Required per AUS = $ 24,913.56

  Complete
533   XXXXXX   XXXXXX   AZ   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Minimal usage of available revolving credit lines @ 17.85%

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: 696 mid score > min required of 620.

  Complete
471   XXXXXX   XXXXXX   LA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: 8 years and 9 months in current residence

CFCFS2854: Significant time in profession

- Clayton Comments: 27 years and 8 months in current profession.

  Complete
958   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is
approved
PIW. Clayton
to order BPO.
  5/15/2026:
received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 188 points above guideline minimum of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 6 years & 3 months at current residence

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30x75

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 5 years & 8 months at current job

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
958   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton
to order
BPO.
  5/15/2026:
received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 188 points above guideline minimum of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 6 years & 3 months at current residence

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30x75

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 5 years & 8 months at current job

  Complete
498   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU
returned
no score
due to
property
type.
Clayton
to order
desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 15 years.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 16.30% is below guideline maximum 45%.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have 106 months mortgage payment history 0x30.

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 209 months.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $405,902.82 or 63.58 > min required $14,300.60

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 3.00%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 803mid score > min required of 620

  Complete
520   XXXXXX   XXXXXX   NM   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  5/21/2026:
Received
BPO
supporting
value.
  5/21/2026:
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 98 months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 797 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $120,778.02 / 50.22 months PITI > min required of $14,431.16.

  Complete
520   XXXXXX   XXXXXX   NM   (No
Data)
  ATR/
QM:
Exempt
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  5/21/2026:
Received
BPO
supporting
value.
  5/21/2026:
Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 98 months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 797 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $120,778.02 / 50.22 months PITI > min required of $14,431.16.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
503   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 90%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 809 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $ 859,444.80 > Reserves required $21,585.79

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have24 months mortgage payment history 0x30.

  Complete
531   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 788 mid score > min required of 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 35.17% is below guideline maximum 50%.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 64.53%; guidelines allow 80%.

  Complete
944   XXXXXX   XXXXXX   AK   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal
not
Signed
  No   Missing
appraiser’s
signature
and
license.
  5/4/2026:
Received
copy of
complete
appraisal.
  5/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 792 qual score; min 620.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in the same profession for 20 years.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has been in the same residence for 27 years.

  Complete
944   XXXXXX   XXXXXX   AK   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR271   Comp
photos
are
missing
  No   Missing all
comparable
and rental
appraisal
photos.
  5/4/2026:
Received
copy of
complete
appraisal.
  5/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 792 qual score; min 620.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in the same profession for 20 years.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has been in the same residence for 27 years.

  Complete
944   XXXXXX   XXXXXX   AK   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR281   Subject
Photos
are
missing
  No   Missing all
subject
appraisal
photos
including
1004D
completion
photos and
all
applicable
appraisal
maps.
  5/4/2026:
Received
copy of
complete
1004D.
  5/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 792 qual score; min 620.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in the same profession for 20 years.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has been in the same residence for 27 years.

  Complete
944   XXXXXX   XXXXXX   AK   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA Risk
resulted in
no
findings;
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 792 qual score; min 620.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in the same profession for 20 years.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has been in the same residence for 27 years.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
578   XXXXXX   XXXXXX   GA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job; 10 years and 9 months

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO of 795 is 175 points above program guideline minimum of 620.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 32.69% DTI is below guideline requirement of 49.99%.

  Complete
529   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 45.43% is below guideline maximum 50%.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 65.13%; guidelines allow 90%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 730 mid score > min required of 620

  Complete
534   XXXXXX   XXXXXX   RI   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guidelines allow 85%

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 16+ years at present job

CFCFS1736: Significant time at current residence

- Clayton Comments: 22 years at primary residence

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower`s DTI 19.02% is below guideline maximum 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 765 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 4.28%

  Complete
971   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Title   Satisfied   D   A   D   A   CRDTIL4871   Missing
Title
Certification
  No   Missing
tax
certificate
for the
subject
property.
Page 625
shows
nothing
due and
payable
yet and
tax
estimate is
based on
purchase
price.
Provide
the annual
estimated
tax used.
  6/2/2026:
Received Tax
estimate for
$3,746.80
annual.
Original file
had $4,140
annual, which
is escrowed.
So lender used
a higher
amount.
Clayton made
no changes.
New
Construction
so taxes are
not available
with
improvements.
  6/2/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 801 mid score > min required of 620.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 18 years.

CFCFS1736: Significant time at current residence

- Clayton Comments: 8 years at primary residence.

  Complete
642   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification
of some or
all
components
of non-
subject PITI
  No   Missing
fully
executed
CD from
purchase
of
XXXXXX
property.
Contract
and LE
were
provided
in file.
  5/14/2026:
Lender LOX -
the REO has
not closed yet.
Contract and
LE are all that
is available for
estimated
PITI.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 727 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $709,993.90 / 293.58 months PITIA > min required of $14,190.57.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
642   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score is
>2.5. Clayton
to order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 727 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $709,993.90 / 293.58 months PITIA > min required of $14,190.57.

  Complete
833   XXXXXX   XXXXXX   LA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   C   A   D   A   A   A   D   A   C   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2900   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule;
Clayton’s
status
determination
places loan in
a riskier status
than the
Lender’s
status
determination.
  No   Loan subject
to Ability to
Repay/
Qualified
Mortgage
rule;
Clayton’s
status
determination
places loan in
a riskier status
than the
Lender’s
status
determination.
Lender
verified ATR
Exempt.
Clayton
verified
Rebuttable
Presumption.
  5/29/2026:
Received
Mavent
showing
Safe
Harbor.
After
further
review,
Lock Date
was
corrected
from
3/3/2026,
Other
Doc, to
XXXXXX
Lock Date
per LE.
Clayton
now
verifies
Safe
Harbor.
  5/29/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $117,395.41 > Reserve Requirement of $20,369.04

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have24 months mortgage payment history 0x30.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 776 mid score > min required of 620.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 70%; guidelines allow 75%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 17%

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 43 years.

  Complete
833   XXXXXX   XXXXXX   LA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   C   A   D   A   A   A   D   A   C   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Appraisal is
missing
subject
photos.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $117,395.41 > Reserve Requirement of $20,369.04

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have24 months mortgage payment history 0x30.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 776 mid score > min required of 620.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 70%; guidelines allow 75%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 17%

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 43 years.

  Complete
833   XXXXXX   XXXXXX   LA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   C   A   D   A   A   A   D   A   C   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal not
Signed
  No   Appraisal is
missing
signature.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $117,395.41 > Reserve Requirement of $20,369.04

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have24 months mortgage payment history 0x30.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 776 mid score > min required of 620.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 70%; guidelines allow 75%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 17%

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 43 years.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
833   XXXXXX   XXXXXX   LA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   C   A   D   A   A   A   D   A   C   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Appraisal
is missing
comp
photos.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $117,395.41 > Reserve Requirement of $20,369.04

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have24 months mortgage payment history 0x30.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 776 mid score > min required of 620.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 70%; guidelines allow 75%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 17%

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 43 years.

  Complete
800   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Missing
photos of
subject.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 39.21% DTI below guideline requirement 45%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $35716.27 (8months PITI) Verified cash reserves exceed guideline requirement of 6 months $29160.62

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: B2 Has bonus income not being used in qualifying

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 803 FICO exceeds guideline minimum 620

  Complete
800   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR4789   Appraisal
Deficiency
  No   Missing
Appraisers
License
and E&O
insurance
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 39.21% DTI below guideline requirement 45%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $35716.27 (8months PITI) Verified cash reserves exceed guideline requirement of 6 months $29160.62

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: B2 Has bonus income not being used in qualifying

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 803 FICO exceeds guideline minimum 620

  Complete
800   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal not
Signed
  No   1073
missing
appraiser
signature
on main
page and
throughout
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 39.21% DTI below guideline requirement 45%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $35716.27 (8months PITI) Verified cash reserves exceed guideline requirement of 6 months $29160.62

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: B2 Has bonus income not being used in qualifying

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 803 FICO exceeds guideline minimum 620

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan
Grade
  Final S&P
Compliance
Loan
Grade
  Condition
Category
  ConditionSub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
800   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Missing
comp
photos
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 39.21% DTI below guideline requirement 45%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $35716.27 (8months PITI) Verified cash reserves exceed guideline requirement of 6 months $29160.62

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: B2 Has bonus income not being used in qualifying

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 803 FICO exceeds guideline minimum 620

  Complete
973   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
returned
3.0 score.
Clayton to
order Desk
Review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 60.41%; guidelines allow 90%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 3.54%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $1,337,906.17 / 597.46 months PITIA > min required of $4,969.56.

  Complete
679   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR101   Appraisal
incomplete
(missing
map, layout,
pages, etc)
  No   Missing the
following
from
Appraisal:
Sketch
Addendum,
Location
addendum,
Plat Map,
License
and E&O
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 25 years on job

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 766 score exceeds 620 min

CFCFS1736: Significant time at current residence

- Clayton Comments: 25 years at current home

  Complete
679   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal not
Signed
  No   Missing
Appraiser
signature
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 25 years on job

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 766 score exceeds 620 min

CFCFS1736: Significant time at current residence

- Clayton Comments: 25 years at current home

  Complete
679   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR271   Comp photos
are missing
  No   Missing
Comp and
Rental
Comp
Photos.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 25 years on job

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 766 score exceeds 620 min

CFCFS1736: Significant time at current residence

- Clayton Comments: 25 years at current home

  Complete
679   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR281   Subject
Photos are
missing
  No   Missing all
of subject
photos
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 25 years on job

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 766 score exceeds 620 min

CFCFS1736: Significant time at current residence

- Clayton Comments: 25 years at current home

  Complete
721   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 197 points above guideline minimum of 620

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 13 years & 9 months at current job

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30x65

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
549   XXXXXX   XXXXXX   SD   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No LCA/
CU Score
due to
property
type.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 786 qualifying score exceeds minimum 620.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0X51 months mortgage payment history exceeds guide lines.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $ 922,900.74 exceeds guide lines.

  Complete
674   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing Assets: $63,155.29 reserves required $6,026.00

  Complete
780   XXXXXX   XXXXXX   TN   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA (or
CU) has
no score.
Clayton to
order desk
review
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified DTI 35.43 is below guideline max of 45%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $72071.31 exceeds AUS requirement of $24886.36

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified credit score 745 exceeds guideline minimum of 620

  Complete
738   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
updated
valuation,
CU score
is >2.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30x137 Consumer credit history exceeds guidelines of 12 months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO > 81 points above guideline minimum.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing reserves $59,074.15 or 16.01 months PITIA. Required reserves per DU approval are $34,345.07.

  Complete
637   XXXXXX   XXXXXX   NY   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification
of some or
all
components
of non-
subject
PITI
  No   Provide
updated
AUS run
showing
the
number of
financed
properties
as 2.
Primary
home has
open
HELOC.
Current
AUS run
dated
XXXXXX
shows
reserves
calculated
using total
of 1
financed
property.
  5/15/2026:
Received
updated
DU #10
23.25%
DTI.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80% LTV is below the 85% max.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 742 FICO score is above the 620 min.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 23.25% DTI is below the 45% max.

  Complete
708   XXXXXX   XXXXXX   UT   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $35,267.33 or 10.37 months of PITIA. Required reserves per DU approval $20,410.24.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 751 fico score exceeds guidelines 620

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
709   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   D   D   D   D   C   A   A   D   D   D   D   D   C   A   A   Credit   Assets   Satisfied   C   A   C   A   CRDAST3078   Insufficient
# of months
cash
reserves for
PITI per
guideline
requirements
  No   Post Close
Assets are
$10,744.02 or
5.26 months
reserves ,
$12,263.26
reserves
required (6
months).
Borrower is
short reserves
of $1,519.24.
Missing
documentation
supporting the
$60,000 EMD
source and
proof funds
cleared.
  5/11/2026:
Received
XXXXXX -
already in the
original
PDF.5/18/2026:
Received doc to
show $60K Lot
Credit. Verified
$70,744.02
reserves.
  5/11/2026:
Exception
remains.5/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: B2 40+ years at current employer

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 765 mind score > min required of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: 35 years at primary residence

  Complete
709   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   D   D   D   D   C   A   A   D   D   D   D   D   C   A   A   Credit   Terms/
Guidelines
  Active   D   D   D   D   CRDTER2548   Missing
AUS or
AUS errors
present
  Yes   5/18/2026:
Exception
added after
review of
trailing docs:
Received
Welcome
Home Sales
Worksheet to
show source of
funds for $60K
EMD. The
Worksheet,
shows a Lot
Credit and
based on
description,
subject is a
manufactured
home. This
requires AUS to
be re-run and
update property
type to
Manufactured
home. DU must
remain
Approve/
Eligible.
Additional
conditions may
apply.
  5/29/2026:
Response from
Lender, subject is
a Modular Home.
Clayton disagrees.
Exception is still
valid. Both
Manufactured
homes and
Modular homes
are not stick built,
they are built in
factories and
transported. The
Lot Credit
Worksheet, at
bottom of page
indicates
Manufactured
Home. Further
review verifies
Model
XXXXXX” is a
manufactured
Home sold by
XXXXXX, who
is also the seller.
Sales Contract
also notes subject
is a Manufactured
Home, new.
  5/29/2026:
Exception remains.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: B2 40+ years at current employer

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 765 mind score > min required of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: 35 years at primary residence

  Complete
709   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   D   D   D   D   C   A   A   D   D   D   D   D   C   A   A   Property
Valuations
  Appraisal   Active   C   C   C   C   PRVAAPPR4789   Appraisal
Deficiency
  Yes   5/18/2026:
Exception
added after
review of
trailing docs:
Received
Welcome
Home Sales
Worksheet to
show source of
funds for $60K
EMD. The
Worksheet,
shows a Lot
Credit and
based on
description,
subject is a
manufactured
home. This
requires
appraisal done
on report
1004C.
  5/29/2026:
Response from
Lender, subject is
a Modular Home.
Clayton disagrees.
Exception is still
valid. Both
Manufactured
homes and
Modular homes
are not stick built,
they are built in
factories and
transported. The
Lot Credit
Worksheet, at
bottom of page
indicates
Manufactured
Home. Further
review verifies
Model
“XXXXXX” is a
manufactured
Home sold by
XXXXXX, who
is also the seller.
Sales Contract
also notes subject
is a Manufactured
Home, new.
  5/29/2026:
Exception remains.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: B2 40+ years at current employer

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 765 mind score > min required of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: 35 years at primary residence

  Complete
709   XXXXXX   XXXXXX   VA   (No
Data)
  ATR/
QM:
Exempt
  D   D   D   D   D   C   A   A   D   D   D   D   D   C   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA (or CU)
score is >2.5.
Clayton to
order desk
review.
  5/14/2026:
Received CDA
supporting value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: B2 40+ years at current employer

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 765 mind score > min required of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: 35 years at primary residence

  Complete
767   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 777 FICO score is above the 620 min.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $156410.36 in reserves is above the required $13683.20

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80% LTV is below the 85% max

  Complete
831   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   D   A   D   A   D   A   D   A   D   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   D   A   D   A   CMPATRQM3220   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule; the
loan file is
missing
documents
to complete
the ATR/
QM review
and render
an accurate
ATR/QM
status.
  No   1. Missing Real
estate Tax
validation
forXXXXXX.2.
Provide lender
QM
determination.
  5/6/2026:
Received tax cert
for REO. Item #1
cleared.5/14/2026:
Received Safe
Harbor status.
  5/6/2026:
Exception remains
for Item
#2.5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 796 exceeds minimum of 620

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #104 months, Credit ratio 17.26%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $540,559.35Required Reserves are $75,611.71

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/QM
Status
  Loan Level
ATR/QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
831   XXXXXX   XXXXXX   TX   QM: Safe
Harbor
(APOR)
  QM: Safe
Harbor
(APOR)
  D   A   D   A   D   A   D   A   D   A   D   A   D   A   D   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification of
some or all
components of
non-subject
PITI
  No   Missing Real
estate Tax
validation for
XXXXXX,
  5/6/2026:
Received
tax cert
for REO.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 796 exceeds minimum of 620

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #104 months, Credit ratio 17.26%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $540,559.35Required Reserves are $75,611.71

  Complete
831   XXXXXX   XXXXXX   TX   QM: Safe
Harbor
(APOR)
  QM: Safe
Harbor
(APOR)
  D   A   D   A   D   A   D   A   D   A   D   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject Photos
Unacceptable
  No   Photos of
subject
missing from
appraisal in
file
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 796 exceeds minimum of 620

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #104 months, Credit ratio 17.26%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $540,559.35Required Reserves are $75,611.71

  Complete
831   XXXXXX   XXXXXX   TX   QM: Safe
Harbor
(APOR)
  QM: Safe
Harbor
(APOR)
  D   A   D   A   D   A   D   A   D   A   D   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Photos of
comps
missing from
appraisal in
file
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 796 exceeds minimum of 620

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #104 months, Credit ratio 17.26%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $540,559.35Required Reserves are $75,611.71

  Complete
670   XXXXXX   XXXXXX   TX   (No Data)   ATR/QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Maximum DTI is 50%, borrower’s DTI is 44.61%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Minimum credit score required is 620, borrower’s credit score is 764.

  Complete
760   XXXXXX   XXXXXX   CO   QM:
Rebuttable
Presumption
(APOR)
  QM:
Rebuttable
Presumption
(APOR)
  D   C   A   A   A   A   D   C   D   C   A   A   A   A   D   C   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   D   A   D   A   CMPATRQM3220   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage rule;
the loan file is
missing
documents to
complete the
ATR/QM
review and
render an
accurate ATR/
QM status.
  No   Clayton ATR/
QM status
pending,
missing proof
of PITIA for
the following
properties:
XXXXXX
  5/19/2026:
Received
HOI and
taxes for
all REOs.
  5/19/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 799 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $64,540.61/ 17.65 months PITIA > min required of 8.08 months.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 53 years.

  Complete
760   XXXXXX   XXXXXX   CO   QM:
Rebuttable
Presumption
(APOR)
  QM:
Rebuttable
Presumption
(APOR)
  D   C   A   A   A   A   D   C   D   C   A   A   A   A   D   C   Compliance   TILA/
RESPA
Integrated
Disclosure
  Active   C   C   C   C   CMPTRID3676   TRID - CD:
Ten percent
tolerance fee
or fees
increased at or
prior to closing
without a valid
reason or not
timely
disclosed;
refund
required within
60 days of
consummation.
  Yes   $147.90 Ten
Percent
Tolerance
Violation due
to Title
Endorsement
fee added on
Final CD
XXXXXX,
without a
valid Change
in
Circumstance.
Requires CIC,
or corrected
PCCD, copy
of refund
check, LOX
and
verification of
shipping.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 799 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $64,540.61/ 17.65 months PITIA > min required of 8.08 months.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 53 years.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
762   XXXXXX   XXXXXX   KY   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Appraisal
doesn’t
include
photographs
of the subject
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Borrower mortgage history is 0 x 30

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 787 Credit score exceeds program minimum of 640

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrowers utilize revolving credit minimally; 14.97% credit line usage ratio

  Complete
762   XXXXXX   XXXXXX   KY   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR4789   Appraisal
Deficiency
  No   Appraisal is
missing copy
of appraiser
license
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Borrower mortgage history is 0 x 30

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 787 Credit score exceeds program minimum of 640

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrowers utilize revolving credit minimally; 14.97% credit line usage ratio

  Complete
762   XXXXXX   XXXXXX   KY   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR4791   Appraisal
Deficiency #2
  No   Appraisal is
missing
location map
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Borrower mortgage history is 0 x 30

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 787 Credit score exceeds program minimum of 640

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrowers utilize revolving credit minimally; 14.97% credit line usage ratio

  Complete
762   XXXXXX   XXXXXX   KY   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal not
Signed
  No   Appraisal
hasn’t been
signed by
appraiser
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Borrower mortgage history is 0 x 30

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 787 Credit score exceeds program minimum of 640

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrowers utilize revolving credit minimally; 14.97% credit line usage ratio

  Complete
762   XXXXXX   XXXXXX   KY   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Appraisal is
missing the
comp photos
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Borrower mortgage history is 0 x 30

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 787 Credit score exceeds program minimum of 640

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrowers utilize revolving credit minimally; 14.97% credit line usage ratio

  Complete
671   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   D   D   D   D   A   C   C   D   D   D   D   D   A   C   C   Compliance   TILA/
RESPA
Integrated
Disclosure
  Active   C   C   C   C   CMPTRID3670   TRID - Zero
tolerance fee
or fees
increased at or
prior to
closing
without a
valid reason
or not timely
disclosed;
refund
required
within 60
days of
consummation
  Yes   Zero
Tolerance Fee
of $4575.34
due to
Discount
points and
Transfer taxes
increased
from LE to
CD. Missing
a valid
Change of
Circumstance,
or Post Close
CD, LOX and
copy of
refund check
to borrower.
  (No
Data)
  (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $251,892.98 or 71.03 months of PITI.Reserves required per DU $7,092.73.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 31.11% is below guideline maximum 45%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 9.69%

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
671   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   D   D   D   D   A   C   C   D   D   D   D   D   A   C   C   Compliance   TILA/
RESPA
Integrated
Disclosure
  Active   C   C   C   C   CMPTRID3966   TRID —
CD: The
Will Not
Have an
Escrow
Account in
the CD Loan
Disclosures
section is
selected and
both or
neither of
You declined
it and/or
Your lender
does not
offer one are
selected
  Yes   Selection
not made
on Final
Closing
Disclosures
The Will
Not Have
an Escrow
Account in
the CD
Loan
Disclosures
section is
selected
and both or
neither of
You
declined it
and/or Your
lender does
not offer
one
  (No Data)   (No Data)   Non-Numeric   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $251,892.98 or 71.03 months of PITI.Reserves required per DU $7,092.73.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 31.11% is below guideline maximum 45%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 9.69%

  Complete
671   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   D   D   D   D   A   C   C   D   D   D   D   D   A   C   C   Credit   DTI   Active   D   D   D   D   CRDDTI2540   Missing
verification
of some or
all
components
of non-
subject PITI
  Yes   Missing
mortgage
statement(s)
for the
primary
residence
located at
XXXXXX.
To support
PITIA.
  (No Data)   (No Data)   (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $251,892.98 or 71.03 months of PITI.Reserves required per DU $7,092.73.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 31.11% is below guideline maximum 45%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 9.69%

  Complete
671   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   D   D   D   D   A   C   C   D   D   D   D   D   A   C   C   Credit   Insurance   Active   D   D   D   D   CRDINSR5081   Insurance
Policy
missing
required
endorsements
  Yes   Missing
supplement
property
insurance
listed on
the DU.
  (No Data)   (No Data)   (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $251,892.98 or 71.03 months of PITI.Reserves required per DU $7,092.73.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 31.11% is below guideline maximum 45%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 9.69%

  Complete
671   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   D   D   D   D   A   C   C   D   D   D   D   D   A   C   C   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Photos are
not listed
on the
appraisal.
  5/6/2026:
Exception
satisfied.
  5/6/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $251,892.98 or 71.03 months of PITI.Reserves required per DU $7,092.73.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 31.11% is below guideline maximum 45%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 9.69%

  Complete
671   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   D   D   D   D   A   C   C   D   D   D   D   D   A   C   C   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR101   Appraisal
incomplete
(missing
map, layout,
pages, etc)
  No   Appraisal is
missing
photos and
appraiser
signature.
  5/6/2026:
Exception
satisfied.
  5/6/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $251,892.98 or 71.03 months of PITI.Reserves required per DU $7,092.73.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 31.11% is below guideline maximum 45%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 9.69%

  Complete
671   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   D   D   D   D   A   C   C   D   D   D   D   D   A   C   C   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal not
Signed
  No   Appraiser
signature is
missing.
  5/6/2026:
Exception
satisfied.
  5/6/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $251,892.98 or 71.03 months of PITI.Reserves required per DU $7,092.73.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 31.11% is below guideline maximum 45%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 9.69%

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
671   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   D   D   D   D   A   C   C   D   D   D   D   D   A   C   C   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Photos are not
listed on the
appraisal.
  5/6/2026:
Exception
satisfied.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $251,892.98 or 71.03 months of PITI.Reserves required per DU $7,092.73.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 31.11% is below guideline maximum 45%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 9.69%

  Complete
672   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Missing the
subject photos
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 713. Minimum required 620

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been at their current job over 13 years

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $84,327.39 or 41.43 months PITI reserves. Required reserves $17,980.84

  Complete
672   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal not
Signed
  No   Missing the
signature on
the appraisal
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 713. Minimum required 620

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been at their current job over 13 years

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $84,327.39 or 41.43 months PITI reserves. Required reserves $17,980.84

  Complete
672   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Missing the
Comp photos
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 713. Minimum required 620

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been at their current job over 13 years

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $84,327.39 or 41.43 months PITI reserves. Required reserves $17,980.84

  Complete
770   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CRDATRQM3124   TILA —
Loan subject
to Ability to
Repay/
Qualified
Mortgage
rule; Lender
did not
provide an
ATR/QM
status
determination.
  No   Missing
Initial Lender
ATR/QM
status
determination.
  5/15/2026:
Received
Safe
Harbor
status.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 764 mid score > min required of 620

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 70% is below Guidelines 75% maximum.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $76,402.86 exceed required reserves $15,585.66.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 41.84% is below Guidelines 45% maximum.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 0.08%

  Complete
718   XXXXXX   XXXXXX   NJ   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR169   Appraisal
includes one
or more
issue(s)
  No   Provide
complete
copy of
appraisal.
Subject
Interior/
Exterior
photos, comp
photos,
Sketches,
Maps
Appraiser lice
and E&O
Insurance are
missing.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 697 exceeds minimum fico of 620

CFCFS1739: Positive mortgage payment history

- Clayton Comments: No lates on any mortgages within the last 5 years

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit Utilization is only 36.90%

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
718   XXXXXX   XXXXXX   NJ   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Missing
subject
Interior/
Exterior
photos on
report.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 697 exceeds minimum fico of 620

CFCFS1739: Positive mortgage payment history

- Clayton Comments: No lates on any mortgages within the last 5 years

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit Utilization is only 36.90%

  Complete
718   XXXXXX   XXXXXX   NJ   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal not
Signed
  No   Missing
Appraiser
signature on
report.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 697 exceeds minimum fico of 620

CFCFS1739: Positive mortgage payment history

- Clayton Comments: No lates on any mortgages within the last 5 years

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit Utilization is only 36.90%

  Complete
718   XXXXXX   XXXXXX   NJ   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Missing
Comp photos
on report.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 697 exceeds minimum fico of 620

CFCFS1739: Positive mortgage payment history

- Clayton Comments: No lates on any mortgages within the last 5 years

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit Utilization is only 36.90%

  Complete
718   XXXXXX   XXXXXX   NJ   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No LCA/CU
Score due to
property type.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 697 exceeds minimum fico of 620

CFCFS1739: Positive mortgage payment history

- Clayton Comments: No lates on any mortgages within the last 5 years

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit Utilization is only 36.90%

  Complete
754   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   D   B   A   A   D   A   C   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   B   C   B   CMPTRID3670   TRID — Zero
tolerance fee
or fees
increased at or
prior to
closing
without a
valid reason
or not timely
disclosed;
refund
required
within 60
days of
consummation
  No   Zero
Tolerance Fee
of $50 due to
Appraisal —
1 Family
increased
from LE to
CD. Missing
a valid
Change of
Circumstance,
or Post Close
CD, LOX and
copy of
refund check
to borrower.
  5/21/2026:
Received
XXXXXX
PCCD,
$50
Cashier
check,
LOX and
proof sent
to
borrower.
  5/21/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 790 mid score > min required of 640

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrowers have123 months mortgage payment history 0x30.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 29.22% is below guideline maximum 45%.

  Complete
754   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR169   Appraisal
includes one
or more
issue(s)
  No   Provide a
complete
copy of
appraisal
report.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 790 mid score > min required of 640

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrowers have123 months mortgage payment history 0x30.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 29.22% is below guideline maximum 45%.

  Complete

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
754   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Appraisal
missing
legible
photos of
subject
property.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 790 mid score > min required of 640

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrowers have123 months mortgage payment history 0x30.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 29.22% is below guideline maximum 45%.

  Complete
754   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal not
Signed
  No   Appraisal is
missing
signature.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 790 mid score > min required of 640

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrowers have123 months mortgage payment history 0x30.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 29.22% is below guideline maximum 45%.

  Complete
754   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Appraisal
missing
legible
photos of
all comps.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 790 mid score > min required of 640

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrowers have123 months mortgage payment history 0x30.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 29.22% is below guideline maximum 45%.

  Complete
754   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   C   B   D   B   A   A   D   A   C   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No LCA/
CU Score
due to
property
type.
Clayton to
order Desk
Review.
  5/21/2026:
Received
CDA
supporting
value.
  5/21/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 790 mid score > min required of 640

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrowers have123 months mortgage payment history 0x30.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 29.22% is below guideline maximum 45%.

  Complete
660   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   B   B   A   A   A   A   B   B   B   B   A   A   A   A   Credit   Credit/
Mtg
History
  Active   B   B   B   B   CRDCRMH123   No evidence
of required
debt payoff
  No   Missing
payoffs
from
XXXXXX.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 744 mid score > min required of 660.

CFCFS1736: Significant time at current residence

- Clayton Comments: 5 years at primary residence.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $69.204.18 or 14.72 months of PITI

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
691   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   A   C   C   D   C   A   A   D   A   C   C   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Missing
Affiliate
Business
Disclosure.
  (No
Data)
  (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 788 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 15.41%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $122,515.25 or 19.18 months PITI reserves, LP required $76,665.12 in reserves be verified.

  Complete
691   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   A   C   C   D   C   A   A   D   A   C   C   Compliance   TILA/
RESPA
Integrated
Disclosure
  Active   C   C   C   C   CMPTRID3658   TRID —
Corrected
CD should
have been
provided;
APR is
greater than
APR 3
business
days prior to
closing by
more than
allowable
tolerance
  Yes   CD
XXXXXX:
6.113% —
CD
XXXXXX:
6.162% =
+0.049%
(exceeded
0.125%
however
was 3 day
timing was
met)CD
XXXXXX;
6.162%
(APR) CD
XXXXXX;
6.64%
(APR) =
+0.47%,
which
exceeds the
allowable
threshold of
0.125%).No
confirmed
receipt 3
days prior
to close.
  (No
Data)
  (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 788 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 15.41%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $122,515.25 or 19.18 months PITI reserves, LP required $76,665.12 in reserves be verified.

  Complete
691   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   A   C   C   D   C   A   A   D   A   C   C   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR169   Appraisal
includes one
or more
issue(s)
  No   Provide
complete
copy of
appraisal
with all
photos,
maps,
sketches,
appraiser
license &
E&O.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 788 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 15.41%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $122,515.25 or 19.18 months PITI reserves, LP required $76,665.12 in reserves be verified.

  Complete
691   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   A   C   C   D   C   A   A   D   A   C   C   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   The subject
photos are
not
viewable on
the PDF
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 788 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 15.41%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $122,515.25 or 19.18 months PITI reserves, LP required $76,665.12 in reserves be verified.

  Complete
691   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   A   C   C   D   C   A   A   D   A   C   C   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   The comp
photos are
not
viewable on
the PDF
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 788 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 15.41%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $122,515.25 or 19.18 months PITI reserves, LP required $76,665.12 in reserves be verified.

  Complete
692   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR4789   Appraisal
Deficiency
  No   Provide
updated
appraisal
with all
sketches
and maps &
subject and
comp
photos, as
well as
copy of
appraiser
license.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 2.19%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 800 mid score > min required of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: 37 years at primary residence.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
692   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal not
Signed
  No   Appraisal
is missing
the
signature
of the
appraiser
XXXXXX.
Images
within
appraisal
are not
legible and
appear to
be
corrupted.
Provide
appraisal
with
legible
signature.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 2.19%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 800 mid score > min required of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: 37 years at primary residence.

  Complete
692   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
returned
score of 4.
Clayton to
order Desk
Review.
  5/19/2026:
Received
CDA
supporting
value.
  5/19/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 2.19%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 800 mid score > min required of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: 37 years at primary residence.

  Complete
693   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   The
appraisal
of the
subject
property
does not
include
photos of
the subject
property.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 99+ months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 806 mid score > min required of 620

  Complete
693   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   The
appraisal
of the
subject
property
does not
include
photos of
the
comparable
homes
used on the
evaluation.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 99+ months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 806 mid score > min required of 620

  Complete
902   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: 136.51 months piti reserves

CFCFS5269: Minimal use of credit

- Clayton Comments: 5% consumer credit utilization in file

  Complete
662   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal not
Signed
  No   Appraisal
report
missing
appraiser’s
signature.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Credit line usage ratio .31%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets $316,723.51 or 87 months reserves PITIA. Required reserves $38,598.34.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 68% < 80% minimum required.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 797 middle fico score > minimum required 620.

  Complete
658   XXXXXX   XXXXXX   MN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Missing
the subject
photos
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 686. Minimum required 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Closing assets $25,413.91 or 10.74 months PITI reserves. Require reserves $18,051.08

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrower has been at their current residence for 15 years

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
658   XXXXXX   XXXXXX   MN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal not
Signed
  No   Missing
the signed
appraisal
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 686. Minimum required 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Closing assets $25,413.91 or 10.74 months PITI reserves. Require reserves $18,051.08

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrower has been at their current residence for 15 years

  Complete
658   XXXXXX   XXXXXX   MN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Missing
the Comp
photos
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 686. Minimum required 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Closing assets $25,413.91 or 10.74 months PITI reserves. Require reserves $18,051.08

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrower has been at their current residence for 15 years

  Complete
658   XXXXXX   XXXXXX   MN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
is >2.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit Score 686. Minimum required 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Closing assets $25,413.91 or 10.74 months PITI reserves. Require reserves $18,051.08

CFCFS1736: Significant time at current residence

- Clayton Comments: The borrower has been at their current residence for 15 years

  Complete
722   XXXXXX   XXXXXX   MD   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No LCA/
CU Score.
Clayton to
order third
party
review
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 766 rep score; minimum score is 640

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing Assets: $124,565.84 reserves required $18,479.52

  Complete
1003   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower credit score of 763 exceeds min score requirement of 620.

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Consumer credit show 0x30x73.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $50,017.29 or 15.44 months of PITI.

  Complete
694   XXXXXX   XXXXXX   TN   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Subject
photos are
not legible
on
appraisal.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1.45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 778 mid score > min required of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: 10 years, 5 months at primary residence

  Complete
694   XXXXXX   XXXXXX   TN   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal not
Signed
  No   Appraisal
is missing
appraiser’s
signature
on page 6
of
document.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1.45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 778 mid score > min required of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: 10 years, 5 months at primary residence

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
694   XXXXXX   XXXXXX   TN   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Comp
photos are
not legible
on
appraisal.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1.45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 778 mid score > min required of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: 10 years, 5 months at primary residence

  Complete
694   XXXXXX   XXXXXX   TN   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score
is >2.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1.45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 778 mid score > min required of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: 10 years, 5 months at primary residence

  Complete
907   XXXXXX   XXXXXX   CO   (No
Data)
  ATR/
QM:
Exempt
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Terms/
Guidelines
  Satisfied   C   A   C   A   CRDTER3122   Loan
documents
do not meet
guideline
requirements
  No   B1 is S/E
sched C.
100%
ownership.
Final
signed
1003
reflects <
25%
ownership.
Final AUS
run #09
dated
XXXXXX
was run as
B1 wage
earner.
Provide
corrected
final
signed
1003
reflecting
100%
ownership
of
business
and
updated
AUS run
showing
B1 as S/E
sched C.
With
Approve/
Eligible
finding,
  5/11/2026:
Received
updated
DU and
1003. Still
App/Eli.
  5/11/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 12 months payment history required, credit shows over 27 months with no lates

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Maximum LTV 85%, Current LTV 80%

CFCFS2860: Good credit history

- Clayton Comments: Borrower has no history of late payments

  Complete
793   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves of $1,097,370.81 exceeds DU requirement

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Min credit score required 620. File credit score 784

CFCFS1736: Significant time at current residence

- Clayton Comments: 6 years and 5 months in current residence.

  Complete
1046   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score
is >2.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit line usage ratio of 0.00%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 800 is 180 points above minimum program requirement of 620.

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-borrower has maintained current job for 260 months.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has $361,611.43/110.57 PITIA which is > guideline minimum.

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 353 months.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 90%.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 32.83% is below the guideline maximum of 50%.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers has resided at current primary residence for 396 months.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
758   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Affiliate
Business
Disclosure
missing
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 699 Credit score exceeds guidelines of 620.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing reserves $224,810.08 or 146.27 months PITIA.Required reserves per LP approval $23,967.24.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 208 months of mortgage history with 0x30 exceeds the 12 months required.

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession, 11 years.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal use of credit, 5%.

  Complete
758   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR169   Appraisal
includes
one or
more
issue(s)
  No   Appraisal
is missing
all photos.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 699 Credit score exceeds guidelines of 620.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing reserves $224,810.08 or 146.27 months PITIA.Required reserves per LP approval $23,967.24.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 208 months of mortgage history with 0x30 exceeds the 12 months required.

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession, 11 years.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal use of credit, 5%.

  Complete
758   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal
not
Signed
  No   Appraisal
is not
signed by
Appraiser.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 699 Credit score exceeds guidelines of 620.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing reserves $224,810.08 or 146.27 months PITIA.Required reserves per LP approval $23,967.24.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 208 months of mortgage history with 0x30 exceeds the 12 months required.

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession, 11 years.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal use of credit, 5%.

  Complete
812   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 11 years with current employer

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 699 exceeds 620 minimum

CFCFS2860: Good credit history

- Clayton Comments: 0x30 derogatory marks

  Complete
849   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
score 3.5.
Clayton to
order
Desk
Review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Mortgage payment history exceeds guidelines

CFCFS2860: Good credit history

- Clayton Comments: Good credit history

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job- owned business over 11 years

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
697   XXXXXX   XXXXXX   NJ   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: 20 years at primary residence

CFCFS2854: Significant time in profession

- Clayton Comments: 25 years at present job

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guidelines allow 85%.

  Complete
759   XXXXXX   XXXXXX   PA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Missing
photographs
for the
subject
appraisal.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has over 60 months piti as reserves

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Borrower 2 has more than 20 years at the employer

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 749 credit score exceeds 640 program minimum

  Complete
759   XXXXXX   XXXXXX   PA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR4789   Appraisal
Deficiency
  No   Missing
Appraiser
license.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has over 60 months piti as reserves

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Borrower 2 has more than 20 years at the employer

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 749 credit score exceeds 640 program minimum

  Complete
759   XXXXXX   XXXXXX   PA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR4791   Appraisal
Deficiency
#2
  No   Missing
Location
map.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has over 60 months piti as reserves

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Borrower 2 has more than 20 years at the employer

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 749 credit score exceeds 640 program minimum

  Complete
759   XXXXXX   XXXXXX   PA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal not
Signed
  No   Missing
Appraisers
signature.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has over 60 months piti as reserves

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Borrower 2 has more than 20 years at the employer

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 749 credit score exceeds 640 program minimum

  Complete
759   XXXXXX   XXXXXX   PA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Missing
comp
photographs
included
with the
appraisal
report
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has over 60 months piti as reserves

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Borrower 2 has more than 20 years at the employer

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 749 credit score exceeds 640 program minimum

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
908   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR169   Appraisal
includes one
or more
issue(s)
  No   5/13/2026
Exception
added:
Provide
complete
appraisal.
Missing all
subject and
comp
photos,
maps and
sketches
and
appraiser
signature.
  5/14/2026:
Received
complete
appraisal
report.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower credit score of 778 exceeds min score requirement of 620.

 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Mortgage history reflects 0 x 30 for the past 46 months.

  Complete
908   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA (no
score
available)
score is
>2.5.
Clayton to
order desk
review.
  5/18/2026:
Received
CDA
supporting
value.
  5/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower credit score of 778 exceeds min score requirement of 620.

 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Mortgage history reflects 0 x 30 for the past 46 months.

  Complete
699   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Appraisal
Subject
Photos are
blank
  5/4/2026:
Received
copy of
complete
appraisal.
  5/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage Payment history 0 X 30 over 23 months

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has been at the current residence for 25 years

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in the same line of work for 6 years

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 41.39% is below maximum allowed of 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 783 Credit score exceeds minimum required of 620

  Complete
699   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal not
Signed
  No   Missing
Appraiser’s
signature
on the
Appraisal
  5/4/2026:
Received
copy of
complete
appraisal.
  5/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage Payment history 0 X 30 over 23 months

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has been at the current residence for 25 years

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in the same line of work for 6 years

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 41.39% is below maximum allowed of 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 783 Credit score exceeds minimum required of 620

  Complete
699   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Appraisal
Comp
photos are
blank
  5/4/2026:
Received
copy of
complete
appraisal.
  5/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage Payment history 0 X 30 over 23 months

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has been at the current residence for 25 years

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in the same line of work for 6 years

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 41.39% is below maximum allowed of 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 783 Credit score exceeds minimum required of 620

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
748   XXXXXX   XXXXXX   NJ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No LCA/CU
score.
Clayton to
order Desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 782 / 806 exceeds minimum of 620

 

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #139 months, Credit ratio 30.12%

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has been with employer > #12 years

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with employer > #8 years

  Complete
735   XXXXXX   XXXXXX   MI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is PIW
approved,
Clayton to
order BPO.
  5/18/2026:
Received
BPO
supporting
value.
  5/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 69.33% LTV below guideline requirements of 90% per program.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has resided at current residence for 8 years.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job, 12 years and 7 months.

  Complete
735   XXXXXX   XXXXXX   MI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is PIW
approved,
Clayton to
order BPO.
  5/18/2026:
Received
BPO
supporting
value.
  5/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 69.33% LTV below guideline requirements of 90% per program.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has resided at current residence for 8 years.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job, 12 years and 7 months.

  Complete
704   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   C   A   D   A   A   A   D   A   C   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2900   TILA —
Loan subject
to Ability to
Repay/
Qualified
Mortgage
rule;
Clayton’s
status
determination
places loan in
a riskier status
than the
Lender’s
status
determination.
  No   Lender
verified ATR
Exempt.
Clayton
verified Safe
Harbor.
Lender to
update QM
determination
or provide
proof
business use.
  5/26/2026:
Received
Safe
Harbor
status.
  5/26/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $21,850.23 or 8.77 months PITI, LP required $14,949.42 in reserves to be verified.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 35.60% is below guideline maximum 45%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 686 mid score > min required of 620

  Complete
704   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   C   A   D   A   A   A   D   A   C   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Unable to
view the
subject
photos in the
PDF,
possibly
corrupted
file.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $21,850.23 or 8.77 months PITI, LP required $14,949.42 in reserves to be verified.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 35.60% is below guideline maximum 45%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 686 mid score > min required of 620

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
704   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   C   A   D   A   A   A   D   A   C   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Unable to
view the
comp photos
in the PDF,
possibly
corrupted
file.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $21,850.23 or 8.77 months PITI, LP required $14,949.42 in reserves to be verified.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 35.60% is below guideline maximum 45%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 686 mid score > min required of 620

  Complete
807   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Subject
photos
missing on
document in
file
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit ratio 10.82%

 

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #109 months, Credit ratio 10.82%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 804 exceeds minimum of 620

  Complete
807   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Comparable
photos
missing on
document in
file.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit ratio 10.82%

 

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #109 months, Credit ratio 10.82%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 804 exceeds minimum of 620

  Complete
807   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No LCA/CU
Score.
Clayton to
order Desk
Review.
  5/21/2026:
CDA
received.
  5/21/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit ratio 10.82%

 

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #109 months, Credit ratio 10.82%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 804 exceeds minimum of 620

  Complete
807   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Property
Valuations
  Value   Active   C   C   C   C   PRVAVALU5249   Property
Value Not
Supported
  Yes   5/21/2026:
Exception
added after
review of
trailing docs:
CDA
returned
Indeterminate
value.
Clayton to
order next
level review.
  (No Data)   (No Data)   Not
Applicable
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Credit ratio 10.82%

 

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #109 months, Credit ratio 10.82%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 804 exceeds minimum of 620

  Complete
706   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Missing
Affiliate
Business
Disclosure.
  (No Data)   (No Data)   (No Data)   Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 40.44% DTI below guideline requirement- max 45%

 

CFCFS2860: Good credit history

- Clayton Comments: 0 x 30 in 40 months

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
753   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Affiliate
Business
Disclosure
missing
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 723 mid score > min required of 620

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $32,596.30 or 23.50 months PITI, DU required $8,320.93 in reserves to be verified.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 22.66%

  Complete
809   XXXXXX   XXXXXX   MI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton to
order
BPO.
  5/15/2026:
received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $8,020.34 or 3 months of PITIA.Reserves Required per AUS = $5,354.23.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: High Credit 817 Guidelines allow 620

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 11 Years in Current Profession

  Complete
809   XXXXXX   XXXXXX   MI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton to
order
BPO.
  5/15/2026:
received
BPO
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $8,020.34 or 3 months of PITIA.Reserves Required per AUS = $5,354.23.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: High Credit 817 Guidelines allow 620

 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 11 Years in Current Profession

  Complete
901   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton to
order
BPO
  5/14/2026:
Received
BPO
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1.08%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $112,199.37 or 57.60 months PITI, the LP approval required no reserves to be verified.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 794 mid score > min required of 620

  Complete
901   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
approved
PIW.
Clayton to
order
BPO.
  5/14/2026:
Received
BPO
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1.08%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $112,199.37 or 57.60 months PITI, the LP approval required no reserves to be verified.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 794 mid score > min required of 620

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
707   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   Missing
photos for
Subject
  5/6/2026:
Received
Complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $344,123.68 or 55.89 months PITI. Required reserves per AUS are $36,950.10.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 65.99% LTV below guideline requirements of 75% per program.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 276 months, no derogs

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO of 770 exceeds the guideline program minimum of 620.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 45 months with 0x30 Mortgage payment history exceeds guidelines of 12 months.

  Complete
707   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   Missing
photos for
Comparables
  5/6/2026:
Received
complete
Appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $344,123.68 or 55.89 months PITI. Required reserves per AUS are $36,950.10.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 65.99% LTV below guideline requirements of 75% per program.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 276 months, no derogs

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO of 770 exceeds the guideline program minimum of 620.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 45 months with 0x30 Mortgage payment history exceeds guidelines of 12 months.

  Complete
974   XXXXXX   XXXXXX   NY   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 7 years 10 months at current residence.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO of 807 is 187 points above the 620 required.

 

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Borrower does not have any major mortgage related occurrences during the past two years.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
773   XXXXXX   XXXXXX   NJ   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 761 mid score > min required of 620

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 29.55% is below guideline maximum 45%.

 

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: Both borrowers receive overtime and bonus income not used or needed for qualification.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $30,867.8/ 17 months PITI > min required of $10,895.77.

  Complete
776   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR171   Subject
Photos
Unacceptable
  No   The
appraisal
of the
subject
property is
missing all
pictures of
the subject
property.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have64 months of current mortgage payment history 0x30.

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 15+ years at present job

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets of 135,186.50 / 25.25 months PITII > min required of $42,810.42.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 795 mid score > min required of 620

  Complete
776   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR167   Appraisal not
Signed
  No   The
appraisal
for the
subject
property is
missing the
signature
of the
appraiser.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have64 months of current mortgage payment history 0x30.

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 15+ years at present job

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets of 135,186.50 / 25.25 months PITII > min required of $42,810.42.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 795 mid score > min required of 620

  Complete
776   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR173   Comp Photos
Unacceptable
  No   The
appraisal
of the
subject
property is
missing
pictures of
all the
comparable
properties.
  5/6/2026:
Received
complete
appraisal.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have64 months of current mortgage payment history 0x30.

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 15+ years at present job

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets of 135,186.50 / 25.25 months PITII > min required of $42,810.42.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 795 mid score > min required of 620

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
776   XXXXXX   XXXXXX   WA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score is
>2.5. Clayton
to order desk
review.
  5/21/2026: Received
CDA supporting
value.
  5/21/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have64 months of current mortgage payment history 0x30.

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 15+ years at present job

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets of 135,186.50 / 25.25 months PITII > min required of $42,810.42.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 795 mid score > min required of 620

  Complete
1042   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CRDATRQM3124   TILA —
Loan subject
to Ability to
Repay/
Qualified
Mortgage
rule; Lender
did not
provide an
ATR/QM
status
determination.
  No   Provide
lender QM
determination.
  5/11/2026: Received
Safe Harbor status.
  5/11/2026:
Exception
satisfied.l
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 12 years with current employer.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 13.66%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 777 mid score > min required of 620

  Complete
777   XXXXXX   XXXXXX   NV   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CRDATRQM3124   TILA —
Loan subject
to Ability to
Repay/
Qualified
Mortgage
rule; Lender
did not
provide an
ATR/QM
status
determination.
  No   Provide
lender QM
determination.
  5/18/2026: Received
Safe Harbor status.
  5/18/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 5%

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have128 months mortgage payment history 0x30.

 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 40 years at primary residence

  Complete
777   XXXXXX   XXXXXX   NV   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Application   Satisfied   C   A   C   A   CRDAPP2418   Ownership
history
inaccurate /
incomplete
  No   Loan
submitted as
an investment
cash out
refinance, per
appraisal
property is
owner
occupied.
Appraiser to
address
occupancy.
  5/18/2026: Received
doc showing Sales
Worksheet for what
looks like a mobile
home or
manufactured home.
Cannot tie to this
exception.5/28/2026:
Received corrected
appraisal to Tenant
and subject photos
support a stick built
home, not a
manufactured home.
  5/18/2026:
Exception
remains.5/28/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 5%

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have128 months mortgage payment history 0x30.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 40 years at primary residence

  Complete
779   XXXXXX   XXXXXX   MO   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 3%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $535,828.29 or 382 months reserves. Required reserves are $8,397.36 or 6 months reserves.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 809 mid score > min required of 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Review DTI of 34.81% is below maximum allowed of 45%

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/QM
Status
  Loan Level
ATR/QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
880   XXXXXX   XXXXXX   MN   QM:
Rebuttable
Presumption
(APOR)
  QM:
Rebuttable
Presumption
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   State
Consumer
Protection
  Active   B   B   B   B   CMPSTCP1537   MN Home Loan -
No
acknowledgement
of Oral Tax/
Insurance
Disclosure in file.
  No   Missing the
Acknowledgment
of the MN Oral
Tax Disclosure.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: High Credit 798 Guidelines allow 620.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $ 24,350.55 or 7.72 months of PITIAReserves Required per AUS = $ 18,931.68

CFCFS2860: Good credit history

- Clayton Comments: Borrower Has history of good credit with 0 Late Payments > 24 Months.

  Complete
782   XXXXXX   XXXXXX   SC   (No Data)   ATR/QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 723 exceeds 620 minimum required FICO

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves 191 months exceed the minimum required $16,800.08

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 25.14% is below 45% maximum DTI

  Complete
783   XXXXXX   XXXXXX   NC   (No Data)   ATR/QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   Application   Satisfied   D   A   D   A   CRDAPP130   Application is
incomplete
  No   Per DU Findings
#26 -XXXXXX
mortgage/Heloc
is not disclosed
on the loan
application.
  5/14/2026:
Received
credit
report and
updated
1003
showing
XXXXXX
as
required.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% below min. of 85%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 693 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $141,881.74 , required reserves $58,533.14

  Complete
783   XXXXXX   XXXXXX   NC   (No Data)   ATR/QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   Credit/Mtg
History
  Satisfied   D   A   D   A   CRDCRMH183   Credit report
incomplete
  No   Credit Report
received is not
legible
  5/6/2026:
Received
full credit
report.
  5/6/2026:
Exception
satidfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% below min. of 85%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 693 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $141,881.74 , required reserves $58,533.14

  Complete
783   XXXXXX   XXXXXX   NC   (No Data)   ATR/QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   Income/
Employment
  Satisfied   C   A   C   A   CRDINC888   Income Amount
is Unsupported
by
Documentation in
File
  No   B1 income is
variable, need
two years history
to average
income, only
have 6.12 months
documented
  5/14/2026:
Received
2025 &
2024 year
end
paystubs.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% below min. of 85%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 693 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $141,881.74 , required reserves $58,533.14

  Complete
783   XXXXXX   XXXXXX   NC   (No Data)   ATR/QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing updated
valuation
  No   LCA/CU score
of 2.6 is > than
2.5 - Clayton to
order desk
review
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% below min. of 85%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 693 mid score > min required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $141,881.74 , required reserves $58,533.14

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
952   XXXXXX   XXXXXX   PA   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Provide
Affiliate
Business
Disclosure.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 28%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 761 mid score > min required of 620

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 211 months.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 38+ years at present job

CFCFS1736: Significant time at current residence

- Clayton Comments: 15+ years at current residence

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have68 months mortgage payment history 0x30.

  Complete
952   XXXXXX   XXXXXX   PA   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU Score is
>2.5 Clayton
To order Desk
Review
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 28%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 761 mid score > min required of 620

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 211 months.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 38+ years at present job

CFCFS1736: Significant time at current residence

- Clayton Comments: 15+ years at current residence

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have68 months mortgage payment history 0x30.

  Complete
876   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   DTI   Satisfied   C   A   C   A   CRDDTI187   Debt
Ratio >
50%
  No   Documentation
in the loan file
supports a
primary
housing
obligation of
$10,402.03 per
month. Loan
submitted to
AUS with a
housing
payment of
$6,413. Using
the higher
payment, the
DTI is
56.74%.
Obligations =
$18,139.90/
Monthly
income =
$31,970.91
  5/6/2026:
Received
credit
report to
show
$6,413
PITI.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 739 mid score > min required of 620

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have61 months mortgage payment history 0x30.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $328,407.59 / 54.27 months PITIA > min required of $42,826.587.

  Complete
1092   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 33% dti below max DTI 45%

CFCFS1736: Significant time at current residence

- Clayton Comments: 16 years at current residence

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 722 credit score exceeds guidelines 620

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/QM
Status
  Loan Level
ATR/QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
1045   XXXXXX   XXXXXX   OH   (No Data)   ATR/QM:
Exempt
  D   A   A   A   D   A   A   A   D   B   A   A   D   B   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No LCA/
CU score
due to
property
type.
Clayton to
order
Desk
Review.
  5/14/2026:
Received CDA.
  5/14/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 99 months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 751 mid score > min required of 620

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrowers have42 months mortgage payment history 0x30.

  Complete
1045   XXXXXX   XXXXXX   OH   (No Data)   ATR/QM:
Exempt
  D   A   A   A   D   A   A   A   D   B   A   A   D   B   A   A   Property
Valuations
  Value   Satisfied   C   A   C   B   PRVAVALU5249   Property
Value Not
Supported
  No   5/14/2026:
Exception
added
after
review of
trailing
docs:
Received
CDA not
supporting
value.
Clayton to
order next
level
review.
  5/18/2026:
Received Report
2055, not
supporting value.
Lender to order full
appraisal.5/29/2026:
Received Field
Review supporting
value.
  5/18/2026:
Exception
remains.5/29/2026:
Exception
satisfied.
  Not
Applicable
  Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 99 months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 751 mid score > min required of 620

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrowers have42 months mortgage payment history 0x30.

  Complete
953   XXXXXX   XXXXXX   MI   QM:
Rebuttable
Presumption
(APOR)
  QM:
Rebuttable
Presumption
(APOR)
  D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   RESPA:
Required
Affiliate
Business
Disclosure
missing
  (No Data)   (No Data)   (No Data)   Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 20.04% is below Guidelines 45% maximum.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 798 exceeds program minimum requirements of 620.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets of $53,883.83 exceed $0 reserves required per LP findings.

  Complete
953   XXXXXX   XXXXXX   MI   QM:
Rebuttable
Presumption
(APOR)
  QM:
Rebuttable
Presumption
(APOR)
  D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR169   Appraisal
includes
one or
more
issue(s)
  No   5/13/2026:
Exception
added:
Provide a
complete
copy of
the
appraisal
report.
Missing
all subject
and comp
photos,
maps and
sketches,
missing
appraiser
signature.
  5/14/2026:
Received complete
appraisal.
  5/14/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 20.04% is below Guidelines 45% maximum.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 798 exceeds program minimum requirements of 620.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets of $53,883.83 exceed $0 reserves required per LP findings.

  Complete
953   XXXXXX   XXXXXX   MI   QM:
Rebuttable
Presumption
(APOR)
  QM:
Rebuttable
Presumption
(APOR)
  D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
score >
2.5.
Clayton to
order desk
review.
  5/18/2026:
Received CDA
supporting value.
  5/18/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 20.04% is below Guidelines 45% maximum.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 798 exceeds program minimum requirements of 620.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets of $53,883.83 exceed $0 reserves required per LP findings.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
803   XXXXXX   XXXXXX   WI   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower with employer > 7 years

CFCFS2860: Good credit history

- Clayton Comments: Good payment history use: 0X30, 0X60, 0X90, in #225 months, Credit ratio 21.20%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median credit scores 787 exceeds minimum of 620

  Complete
892   XXXXXX   XXXXXX   MD   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
is 5 >2.5.
Clayton to
order
deskreview
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 769 mid score > min required of 620

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 70%; guidelines allow 75%.

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrowers have234 months mortgage payment history 0x30.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ .68%

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have92 months mortgage payment history 0x30.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $197,531.02 > min required of $26,861.32

CFCFS1736: Significant time at current residence

- Clayton Comments: 24+ years at current residence

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating Factors   Loan
Status
840   XXXXXX   XXXXXX   NC   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
update
valuation:
CU score
is >2.5.
Clayton
to order a
desk
review
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1746: Significant housing expense reduction

- Clayton Comments: Housing expense reduction from $2510.18 to $2275.86 per month. 9.34% reduction

CFCFS2860: Good credit history

- Clayton Comments: Excellent credit history with no late pay/derog line items. 793 Median Credit score.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 71.61% LTV below 75% maximum allowed guideline LTV

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $70,894.71 or 31.15 moths of PITIA, Required Reserves per AUS are $13,301.17

  Complete
889   XXXXXX   XXXXXX   CT   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $608,023.63Required Reserves are $20,339.02

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 767 mid score > min required of 620

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have114 months mortgage payment history 0x30.

  Complete
842   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU Score
exceeds
2.5.
Clayton
to order
Desk
Review
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: The borrower has been in his profession for 16 years 5 months.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: The borrower has been self-employed for 10 years 3 months.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post-Closing Assets: $5,410,374.42 - $26,271.47 required reserves = $5,384,102.95/$6,752.58 PITI = 797.34 months reserves.

  Complete
843   XXXXXX   XXXXXX   TN   (No
Data)
  ATR/
QM:
Exempt
  D   D   D   D   D   B   A   A   D   D   D   D   D   A   A   A   Credit   Legal
Documents
  Active   D   D   D   D   CRDLGL225   Missing
Rider
  Yes   Missing
the
executed
PUD
Rider.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job, 11 years and 6 months.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified DTI of 38% is below the guideline of 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified Credit score 781 exceeds guideline requirement of 620

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession, 40 years.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $161,212.36 or 66.99 moths of PITIA, Required Reserves per AUS are $20,609.03

  Complete
843   XXXXXX   XXXXXX   TN   (No
Data)
  ATR/
QM:
Exempt
  D   D   D   D   D   B   A   A   D   D   D   D   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/
AW
  No   Loan is
PIW
approved,
Clayton
to order
BPO
  5/14/2026:
Received
BPO
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job, 11 years and 6 months.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified DTI of 38% is below the guideline of 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified Credit score 781 exceeds guideline requirement of 620

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession, 40 years.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $161,212.36 or 66.99 moths of PITIA, Required Reserves per AUS are $20,609.03

  Complete
843   XXXXXX   XXXXXX   TN   (No
Data)
  ATR/
QM:
Exempt
  D   D   D   D   D   B   A   A   D   D   D   D   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton
to order
BPO.
  5/14/2026:
Received
BPO
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has significant time at current job, 11 years and 6 months.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified DTI of 38% is below the guideline of 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified Credit score 781 exceeds guideline requirement of 620

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession, 40 years.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $161,212.36 or 66.99 moths of PITIA, Required Reserves per AUS are $20,609.03

  Complete
891   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA (or
CU)
score is
>2.5.
Clayton
to order
desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: 43 years at present job

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 99 months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 805 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ .88%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80% LTV below guideline requirements of 90% per program.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
967   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI-31.21% IS BELOW MAX 45%

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 34 years at current residence.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 775 exceeds min of 620.

  Complete
1108   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA/
SSR
has no
value,
Clayton
to order
desk
review
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 15+ years at current employer

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 781 mid score > min. required of 620

CFCFS1736: Significant time at current residence

- Clayton Comments: 17+ years at primary residence

  Complete
886   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified DTI 17% is less than max 45%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $762050.09 exceeds AUS requirement of $14380.20

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified Credit score 783 exceed guideline minimum of 620

  Complete
898   XXXXXX   XXXXXX   AZ   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 43.79% DTI is below the 45% max

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 794 FICO score is above the 620 min.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80% LTV is below the 85% max

  Complete
939   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 25.57% is below Guideline 45% maximum.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower 1 has 29 years on current job and borrower 2 has 33 years on current job

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 792 mid score > min required of 620

  Complete
966   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
(or CU)
score is
>2.5.
Clayton
to order
desk
review
  5/15/2026:
Received
CDA
supporting
value.
  5/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified DTI 35.3 is below guideline maximum of 45%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $42091.80 exceeds AUS requirement of $41781.54

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified Credit Score 704 exceeds guideline minimum of 620

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
884   XXXXXX   XXXXXX   MN   ATR/QM:
Not
Applicable
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   C   C   C   D   C   A   A   D   C   C   C   Compliance   Ability to
Repay/
Qualified
Mortgage
  Active   C   C   C   C   CMPATRQM2900   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule;
Clayton’s
status
determination
places loan in
a riskier status
than the
Lender’s
status
determination.
  Yes   Lender
show QM
N/A.
Clayton
verified
Safe
Harbor.
  (No Data)   (No Data)   (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $47,903.17 exceed $11,820.91 required.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 39.68% is below 45% maximum.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 73.71% is below 90% maximum.

  Complete
884   XXXXXX   XXXXXX   MN   ATR/QM:
Not
Applicable
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   C   C   C   D   C   A   A   D   C   C   C   Property
Valuations
  Appraisal   Satisfied   C   B   C   A   PRVAAPPR5454   Loan File
contains
Property
Inspection
Waiver
(PIW)/AW
  No   Loan is
PIW
approved,
Clayton to
order
BPO.
  5/15/2026:
Received
BPO.
  5/15/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $47,903.17 exceed $11,820.91 required.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 39.68% is below 45% maximum.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 73.71% is below 90% maximum.

  Complete
884   XXXXXX   XXXXXX   MN   ATR/QM:
Not
Applicable
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   C   C   C   D   C   A   A   D   C   C   C   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Loan is
PIW
approved,
Clayton to
order
BPO.
  5/15/2026:
Received
BPO.
  5/15/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $47,903.17 exceed $11,820.91 required.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 39.68% is below 45% maximum.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 73.71% is below 90% maximum.

  Complete
884   XXXXXX   XXXXXX   MN   ATR/QM:
Not
Applicable
  QM:
Safe
Harbor
(APOR)
  D   C   A   A   D   C   C   C   D   C   A   A   D   C   C   C   Property
Valuations
  Value   Active   C   C   C   C   PRVAVALU5249   Property
Value Not
Supported
  Yes   5/15/2026:
Exception
added
after
review of
trailing
docs:
Received
BPO not
supporting
value. (-
15.85%).
Clayton to
order next
level
review.
  5/26/2026:
Received
2055
Report not
supporting
value.
Lender to
order full
appraisal.
  5/26/2026:
Exception
remains.
  Not
Applicable
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Cash reserves of $47,903.17 exceed $11,820.91 required.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 39.68% is below 45% maximum.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 73.71% is below 90% maximum.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
957   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
LCA (or
CU) score
is n/a.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 786 FICO score. Minimum required 620.

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30x288 months positive consumer payment history meeting 12 month guideline requirement.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with current employer for 11 years and 11 months.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 0x30x64 months positive mortgage payment history.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets $372,182.96 or 73.98 months PITIA meeting DU reserve requirement of $93,383.33.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in the same profession for 20 years.

  Complete
885   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CMPATRQM2900   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule;
Clayton’s
status
determination
places loan in
a riskier status
than the
Lender’s
status
determination.
  No   Lender
verified
ATR
Exempt.
Clayton
verified
Safe
Harbor.
  6/4/2026:
Received
Safe
Harbor
status.
  6/4/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrowers have99 months mortgage payment history 0x30.

CFCFS2860: Good credit history

- Clayton Comments: Minimal usage of available revolving credit lines @ 0%

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower score is 785. Minimum score per program is 620.

  Complete
959   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Consumer credit show 0x30x99.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower credit score of 766 exceeds min score requirement of 620.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in this line of work in the past: 25 years.

  Complete
888   XXXXXX   XXXXXX   CA   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA (or
CU) score
is >2.5.
Clayton to
order desk
review
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Verified DTI 33% is below guideline of 45%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $167922.63 AUS Requirement : $30552.12

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified credit score 795 exceeds guideline minimum of 700

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
1065   XXXXXX   XXXXXX   MO   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification
of some or
all
components
of non-
subject
PITI
  No   1. Missing
verification
of HOA
expense for
primary
residence of
$579.12
used to
qualify.2.
Missing
proof of no
hazard
coverage or
HOA
expense for
XXXXXX
as qualified
with. 3.
Missing
proof of no
hazard
coverage or
HOA
expense for
XXXXXX
as qualified
with. 4.
Missing
proof of no
hazard
coverage or
HOA
expense for
XXXXXX
as qualified
with.5.
Missing
proof of no
lien on
XXXXXX.
  5/6/2026:
Received
verification
of no HOA
or HOI on
the REOs.
  5/6/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 30 years 6 months at current residence.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 40 years 1 month in same line of work.

  Complete
1065   XXXXXX   XXXXXX   MO   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
LCA score
not
established.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 30 years 6 months at current residence.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 40 years 1 month in same line of work.

  Complete
969   XXXXXX   XXXXXX   IL   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA/CU
score >2.5 -
Clayton to
order desk
review
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1736: Significant time at current residence

- Clayton Comments: 31 years at primary residence

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 749 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @6.39%

  Complete
1107   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   No FNMA
UCDP
provided.
Clayton to
order Desk
Review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: 29 years and 8 months in current profession.

CFCFS1736: Significant time at current residence

- Clayton Comments: 6 years and 10 months in current residence.

  Complete
962   XXXXXX   XXXXXX   MI   (No
Data)
  ATR/
QM:
Exempt
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Legal
Documents
  Satisfied   D   A   D   A   CRDLGL100   Legal
document
incorrect or
incomplete
  No   Credit
report has a
Fraud ID
victim alert.
Provide
verification
borrower
authorizes
this
transaction.
  5/17/2026:
Received
verification
borrower
authorized
transaction.
  5/17/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: High Credit 790 Guidelines allow 620.

CFCFS2860: Good credit history

- Clayton Comments: Borrower Has history of good credit with 0 Late Payments > 24 Months

  Complete
943   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Credit   Insurance   Satisfied   C   A   C   A   CRDINSR289   Insufficient
Hazard
Insurance
Coverage
  No   Insufficient
Hazard
Insurance
Coverage-
Note
amount is
$XXXXXX
verse
current
insurance
coverage
amount
$XXXXXX.
  5/19/2026:
Received
RCE,
$XXXXXX
to rebuild.
  5/19/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $262,330.29 or 52.97 months of PITI.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower credit score of 761 exceeds min score requirement of 620.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with employer in the past: 10 years

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Mortgage history reflects 0 x 30 for the past 48 months.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
943   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   Missing
Updated
Valuation:
LCA
score is 0
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $262,330.29 or 52.97 months of PITI.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower credit score of 761 exceeds min score requirement of 620.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with employer in the past: 10 years

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: Mortgage history reflects 0 x 30 for the past 48 months.

  Complete
933   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Affiliate
Business
Disclosure
missing
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Review DTI of 19.84 is below maximum allowed of 45%

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage Payment history 0 X 30 over 94 months

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in the same line of work for 24 years

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have been at current residence for 25 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 786 Credit score exceeds minimum required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves of $313,630.55 exceeds DU requirement of $5,020.67

  Complete
933   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   A   A   A   A   CMPTRID5293   TRID Not
all
required
seller-paid
fees were
disclosed
on the CD
  No   The Seller
Fees on
the Final
CD do not
match the
Seller
Fees from
the Seller
CD.
  (No Data)   Condition
Satisfied.
All Seller
fees have
been
sourced
from the
Seller CD
.
  Numeric   Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Review DTI of 19.84 is below maximum allowed of 45%

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage Payment history 0 X 30 over 94 months

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in the same line of work for 24 years

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have been at current residence for 25 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 786 Credit score exceeds minimum required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves of $313,630.55 exceeds DU requirement of $5,020.67

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/QM
Status
  Loan Level
ATR/QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
933   XXXXXX   XXXXXX   NC   QM: Safe
Harbor
(APOR)
  QM: Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU
Score
>2.5.
Clayton
to order
desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Review DTI of 19.84 is below maximum allowed of 45%

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Mortgage Payment history 0 X 30 over 94 months

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in the same line of work for 24 years

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have been at current residence for 25 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 786 Credit score exceeds minimum required of 620

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves of $313,630.55 exceeds DU requirement of $5,020.67

  Complete
1101   XXXXXX   XXXXXX   NE   QM: Safe
Harbor
(APOR)
  QM: Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 788 mid score > min required of 660.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $339,490.55 or 167.46 months of PITI.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 9.80%

  Complete
1123   XXXXXX   XXXXXX   SC   QM:
Rebuttable
Presumption
(APOR)
  QM:
Rebuttable
Presumption
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 29+ years at current employer

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 764 mid score > min required of 620

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 5.21%

  Complete
948   XXXXXX   XXXXXX   FL   QM: Safe
Harbor
(APOR)
  QM: Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 7.62%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $167,458.89 or 47.74 months PITI, DU required $10,410.29 in reserves to be verified.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 795 mid score > min required of 620

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 69.57%; guidelines allow 80%.

  Complete


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
 

Initial

Securitization

Overall Loan
Grade

 

Final

Securitization

Overall Loan
Grade

 

Initial

Securitization

Credit Loan
Grade

 

Final

Securitization

Credit Loan
Grade

 

Initial

Securitization

Property
Valuations
Loan Grade

 

Final

Securitization

Property
Valuations
Loan Grade

 

Initial

Securitization

Compliance
Loan Grade

 

Final

Securitization

Compliance
Loan Grade

  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
 

Initial

S&P

Property

Valuations
Loan
Grade

 

Final S&P

Property

Valuations

Loan
Grade

 

Initial S&P

Compliance

Loan

Grade

 

Final S&P

Compliance

Loan

Grade

  Condition
Category
  ConditionSub
Category
  Condition
Status
 

Initial

Securitization

Condition
Grade

 

Final

Securitization

Condition
Grade

  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
 

Condition

Code

  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
 

Client/
Seller

Response

Comments

  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
  Loan
Status
1121   XXXXXX   XXXXXX   FL   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score
2.6.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 85%.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 22years.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 771 mid score > min required of 620

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 21 years at present job

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $133,856.64 / 19.87 months PITIA (REO) > min required of $13,387.65.

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrower has 0x30 for 453 months.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 2.0%

  Complete
1084   XXXXXX   XXXXXX   MA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 0x30 mortgage lates

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Borrower score is 781 minimum requirement is 620

  Complete
1111   XXXXXX   XXXXXX   TX   (No
Data)
  ATR/
QM:
Exempt
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 38.60% is below the guideline maximum of 45%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 771 mid score > min required of 620

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guidelines allow 85%.

  Complete
1047   XXXXXX   XXXXXX   MN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   Repayment
Ability
  Active   B   B   B   B   CMPSTRA1497   File does
not
contain a
repayment
ability
worksheet
  No   Repayment
ability
worksheet
is missing
from the
loan file.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are $230,457.39 or 82.59 months PITI, DU required $16,741.44 reserves to be verified.

 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 7.36%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 796 mid score > min required of 620

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 27.45% is below guideline maximum 45%.

  Complete
1055   XXXXXX   XXXXXX   CO   (No
Data)
  ATR/
QM:
Exempt
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
3.5.
Clayton to
order desk
review.
  5/14/2026:
Received
CDA
supporting
value.
  5/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 0.36%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 780 mid score > min required of 620

  Complete
1105   XXXXXX   XXXXXX   MI   QM:
Safe
Harbor
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 69%; guidelines allow 75%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $257,463.28 or 250.82 months of PITI. Required reserves $10,798.92 per DU approval.

  Complete


Client Name:    PennyMac
Client Project Name:    PNMAC PMTLT 2026-INV6_J16909
Conditions Report 2.0   
Loans in Report:    422
Loans with Conditions:    266

 

Deal
ID
  Loan
Number
  Lender
Application
Date
  Broker
Application
Date
  Initial Securitization
Overall Loan Grade
  Final Securitization
Overall Loan
Grade
  Initial
Securitization
Loan Credit
Grade
  Final Securitization
Loan Credit Grade
  Initial
Securitization Loan
Property Valuation
Grade
  Final Securitization
Loan Property
Valuations Grade
  Initial
Securitization
Loan
Compliance
Grade
  Final Securitization
Loan Compliance
Grade
  Initial S&P Overall
Loan Grade
  Final S&P Overall
Loan Grade
  Initial S&P Loan
Credit Grade
  Final S&P Loan
Credit Grade
  Initial S&P Loan
Property
Valuation Grade
  Final S&P Loan
Property
Valuations
Grade
  Initial S&P Loan
Compliance
Grade
  Final S&P Loan
Compliance
Grade
  Did Lender
Acknowledge
Exception at
Origination
1126   XXXXXX   XXXXXX   XXXXXX   D   B   C   B   D   A   A   A   D   B   C   B   D   A   A   A   No
368   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
878   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
1133   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Not
Applicable
129   XXXXXX   XXXXXX   XXXXXX   C   A   A   A   C   A   A   A   C   A   A   A   C   A   A   A   No
25   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
1127   XXXXXX   XXXXXX   XXXXXX   D   A   C   A   D   A   D   A   D   A   C   A   D   A   D   A   Not
Applicable
176   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
24   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   No
33   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
31   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
96   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
134   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
51   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
423   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
27   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
378   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
175   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   D   A   D   A   A   A   D   A   D   A   Not
Applicable
85   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
17   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
403   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
46   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Yes
34   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
259   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
101   XXXXXX   XXXXXX   XXXXXX   C   B   A   A   A   A   C   B   C   B   A   A   A   A   C   B   Not
Applicable
86   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
48   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
60   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   C   B   D   B   A   A   D   A   C   B   No
1135   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
121   XXXXXX   XXXXXX   XXXXXX   D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   No
50   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
62   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
82   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
390   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
28   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
40   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
375   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
44   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
166   XXXXXX   XXXXXX   XXXXXX   C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Not
Applicable
102   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No


Deal
ID
  Loan
Number
  Lender
Application
Date
  Broker
Application
Date
  Initial Securitization
Overall Loan Grade
  Final Securitization
Overall Loan
Grade
  Initial
Securitization
Loan Credit
Grade
  Final Securitization
Loan Credit Grade
  Initial
Securitization Loan
Property Valuation
Grade
  Final Securitization
Loan Property
Valuations Grade
  Initial
Securitization
Loan
Compliance
Grade
  Final Securitization
Loan Compliance
Grade
  Initial S&P Overall
Loan Grade
  Final S&P Overall
Loan Grade
  Initial S&P Loan
Credit Grade
  Final S&P Loan
Credit Grade
  Initial S&P Loan
Property
Valuation Grade
  Final S&P Loan
Property
Valuations
Grade
  Initial S&P Loan
Compliance
Grade
  Final S&P Loan
Compliance
Grade
  Did Lender
Acknowledge
Exception at
Origination
149   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
132   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   No
433   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   No
654   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
397   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
398   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
430   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
371   XXXXXX   XXXXXX   XXXXXX   D   B   C   B   D   B   A   A   D   B   C   B   D   A   A   A   Not
Applicable
434   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
439   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
387   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
859   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Not
Applicable
648   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
541   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
867   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
868   XXXXXX   XXXXXX   XXXXXX   D   B   D   B   D   A   A   A   D   B   D   B   D   A   A   A   Not
Applicable
650   XXXXXX   XXXXXX   XXXXXX   D   B   D   A   D   B   A   A   D   A   D   A   D   A   A   A   Not
Applicable
428   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
621   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
657   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
656   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
645   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Not
Applicable
647   XXXXXX   XXXXXX   XXXXXX   D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   No
485   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
864   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
618   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   No
9   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
855   XXXXXX   XXXXXX   XXXXXX   D   A   C   A   D   A   C   A   D   A   C   A   D   A   C   A   No
914   XXXXXX   XXXXXX   XXXXXX   D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Not
Applicable
1070   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
1071   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   No
860   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   C   A   C   A   C   A   A   A   C   A   No
458   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
610   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
861   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
653   XXXXXX   XXXXXX   XXXXXX   D   C   A   A   D   A   C   C   D   C   A   A   D   A   C   C   No
739   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
850   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
851   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
725   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
1076   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable

 


Deal
ID
  Loan
Number
  Lender
Application
Date
  Broker
Application
Date
  Initial Securitization
Overall Loan Grade
  Final Securitization
Overall Loan
Grade
  Initial
Securitization
Loan Credit
Grade
  Final Securitization
Loan Credit Grade
  Initial
Securitization Loan
Property Valuation
Grade
  Final Securitization
Loan Property
Valuations Grade
  Initial
Securitization
Loan
Compliance
Grade
  Final Securitization
Loan Compliance
Grade
  Initial S&P Overall
Loan Grade
  Final S&P Overall
Loan Grade
  Initial S&P Loan
Credit Grade
  Final S&P Loan
Credit Grade
  Initial S&P Loan
Property
Valuation Grade
  Final S&P Loan
Property
Valuations
Grade
  Initial S&P Loan
Compliance
Grade
  Final S&P Loan
Compliance
Grade
  Did Lender
Acknowledge
Exception at
Origination
1078   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
1079   XXXXXX   XXXXXX   XXXXXX   D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Not
Applicable
873   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   No
1080   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
913   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
875   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Not
Applicable
920   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   No
723   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
1128   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
209   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
174   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
181   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   No
227   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
488   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
167   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
960   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
916   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
1096   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
545   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Not
Applicable
865   XXXXXX   XXXXXX   XXXXXX   D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   No
184   XXXXXX   XXXXXX   XXXXXX   C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Not
Applicable
1   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
684   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
229   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
686   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
8   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
687   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
180   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
5   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
866   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
688   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Not
Applicable
689   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Not
Applicable
690   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   No
11   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
3   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   No
872   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
623   XXXXXX   XXXXXX   XXXXXX   C   C   C   C   A   A   A   A   C   C   C   C   A   A   A   A   Not
Applicable
10   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
456   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   B   B   A   A   B   B   A   A   B   B   A   A   No
273   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   B   A   A   D   B   A   A   No
1136   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
292   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   No

 


Deal
ID
  Loan
Number
  Lender
Application
Date
  Broker
Application
Date
  Initial Securitization
Overall Loan Grade
  Final Securitization
Overall Loan
Grade
  Initial
Securitization
Loan Credit
Grade
  Final Securitization
Loan Credit Grade
  Initial
Securitization Loan
Property Valuation
Grade
  Final Securitization
Loan Property
Valuations Grade
  Initial
Securitization
Loan
Compliance
Grade
  Final Securitization
Loan Compliance
Grade
  Initial S&P Overall
Loan Grade
  Final S&P Overall
Loan Grade
  Initial S&P Loan
Credit Grade
  Final S&P Loan
Credit Grade
  Initial S&P Loan
Property
Valuation Grade
  Final S&P Loan
Property
Valuations
Grade
  Initial S&P Loan
Compliance
Grade
  Final S&P Loan
Compliance
Grade
  Did Lender
Acknowledge
Exception at
Origination
80   XXXXXX   XXXXXX   XXXXXX   D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Not
Applicable
311   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Not
Applicable
335   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Not
Applicable
1130   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
72   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
224   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
1129   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   C   A   C   A   C   A   A   A   C   A   Not
Applicable
282   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   No
286   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
366   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Not
Applicable
422   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
267   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   No
300   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
303   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
450   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Not
Applicable
365   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
1140   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
359   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
301   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
59   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Yes
589   XXXXXX   XXXXXX   XXXXXX   D   D   D   D   A   A   A   A   D   D   D   D   A   A   A   A   Not
Applicable
299   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
1005   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
120   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
117   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
991   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
14   XXXXXX   XXXXXX   XXXXXX   C   C   C   A   C   C   A   A   C   C   C   A   C   C   A   A   Not
Applicable
1004   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Yes
13   XXXXXX   XXXXXX   XXXXXX   B   A   A   A   A   A   B   A   B   A   A   A   A   A   B   A   Not
Applicable
443   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   No
345   XXXXXX   XXXXXX   XXXXXX   C   B   C   A   A   A   B   B   C   B   C   A   A   A   B   B   No
424   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
352   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
1091   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
517   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   No
1131   XXXXXX   XXXXXX   XXXXXX   D   B   C   B   D   A   A   A   D   B   C   B   D   A   A   A   Not
Applicable
999   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
1132   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Not
Applicable
1001   XXXXXX   XXXXXX   XXXXXX   D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Not
Applicable
624   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
1146   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
834   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
1120   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable

 


Deal
ID
  Loan
Number
  Lender
Application
Date
  Broker
Application
Date
  Initial Securitization
Overall Loan Grade
  Final Securitization
Overall Loan
Grade
  Initial
Securitization
Loan Credit
Grade
  Final Securitization
Loan Credit Grade
  Initial
Securitization Loan
Property Valuation
Grade
  Final Securitization
Loan Property
Valuations Grade
  Initial
Securitization
Loan
Compliance
Grade
  Final Securitization
Loan Compliance
Grade
  Initial S&P Overall
Loan Grade
  Final S&P Overall
Loan Grade
  Initial S&P Loan
Credit Grade
  Final S&P Loan
Credit Grade
  Initial S&P Loan
Property
Valuation Grade
  Final S&P Loan
Property
Valuations
Grade
  Initial S&P Loan
Compliance
Grade
  Final S&P Loan
Compliance
Grade
  Did Lender
Acknowledge
Exception at
Origination
253   XXXXXX   XXXXXX   XXXXXX   C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   No
567   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
582   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
828   XXXXXX   XXXXXX   XXXXXX   D   C   A   A   D   A   C   C   D   C   A   A   D   A   C   C   Not
Applicable
993   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
67   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
74   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   B   A   A   D   B   A   A   Not
Applicable
570   XXXXXX   XXXXXX   XXXXXX   C   A   A   A   C   A   A   A   C   A   A   A   C   A   A   A   Not
Applicable
92   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
106   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
413   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
573   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
109   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
81   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
187   XXXXXX   XXXXXX   XXXXXX   C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Not
Applicable
94   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
264   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   B   B   D   B   A   A   D   A   B   B   Not
Applicable
146   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
1154   XXXXXX   XXXXXX   XXXXXX   D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Not
Applicable
540   XXXXXX   XXXXXX   XXXXXX   B   B   B   B   A   A   A   A   B   B   B   B   A   A   A   A   No
73   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
576   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
577   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
254   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
463   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   B   A   A   D   B   A   A   Not
Applicable
580   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
581   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Not
Applicable
145   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
65   XXXXXX   XXXXXX   XXXXXX   C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Not
Applicable
78   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
71   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
247   XXXXXX   XXXXXX   XXXXXX   D   B   D   B   D   A   A   A   D   B   D   B   D   A   A   A   No
161   XXXXXX   XXXXXX   XXXXXX   D   B   D   A   D   B   D   A   D   A   D   A   D   A   D   A   Not
Applicable
194   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Not
Applicable
449   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
789   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   No
1147   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
189   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
153   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   No
136   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
601   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
640   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
1086   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
1027   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   D   A   D   A   D   A   D   A   D   A   D   A   No

 


Deal
ID
  Loan
Number
  Lender
Application
Date
  Broker
Application
Date
  Initial Securitization
Overall Loan Grade
  Final Securitization
Overall Loan
Grade
  Initial
Securitization
Loan Credit
Grade
  Final Securitization
Loan Credit Grade
  Initial
Securitization Loan
Property Valuation
Grade
  Final Securitization
Loan Property
Valuations Grade
  Initial
Securitization
Loan
Compliance
Grade
  Final Securitization
Loan Compliance
Grade
  Initial S&P Overall
Loan Grade
  Final S&P Overall
Loan Grade
  Initial S&P Loan
Credit Grade
  Final S&P Loan
Credit Grade
  Initial S&P Loan
Property
Valuation Grade
  Final S&P Loan
Property
Valuations
Grade
  Initial S&P Loan
Compliance
Grade
  Final S&P Loan
Compliance
Grade
  Did Lender
Acknowledge
Exception at
Origination
1032   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   No
595   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   B   A   A   D   B   A   A   Not
Applicable
596   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
1082   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
140   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
324   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
1009   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
961   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
1002   XXXXXX   XXXXXX   XXXXXX   D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Not
Applicable
1014   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
785   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
262   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
1098   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
169   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
171   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
426   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
266   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   No
220   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
164   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
159   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
746   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
210   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
197   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
474   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
437   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
199   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
419   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
211   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   A   C   B   D   B   A   A   D   A   C   B   Not
Applicable
603   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
716   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
717   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
594   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
550   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Not
Applicable
1057   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
214   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
1026   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
248   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   A   C   B   D   B   A   A   D   B   C   B   No
588   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   C   A   D   A   A   A   D   A   C   A   Not
Applicable
213   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
201   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
278   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Not
Applicable
280   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
819   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
203   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
276   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No

 


Deal
ID
  Loan
Number
  Lender
Application
Date
  Broker
Application
Date
  Initial Securitization
Overall Loan Grade
  Final Securitization
Overall Loan
Grade
  Initial
Securitization
Loan Credit
Grade
  Final Securitization
Loan Credit Grade
  Initial
Securitization Loan
Property Valuation
Grade
  Final Securitization
Loan Property
Valuations Grade
  Initial
Securitization
Loan
Compliance
Grade
  Final Securitization
Loan Compliance
Grade
  Initial S&P Overall
Loan Grade
  Final S&P Overall
Loan Grade
  Initial S&P Loan
Credit Grade
  Final S&P Loan
Credit Grade
  Initial S&P Loan
Property
Valuation Grade
  Final S&P Loan
Property
Valuations
Grade
  Initial S&P Loan
Compliance
Grade
  Final S&P Loan
Compliance
Grade
  Did Lender
Acknowledge
Exception at
Origination
1025   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
105   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Not
Applicable
268   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
251   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
447   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
1028   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
1067   XXXXXX   XXXXXX   XXXXXX   D   D   D   D   A   A   A   A   D   D   D   D   A   A   A   A   Not
Applicable
295   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
1048   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
837   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
569   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
361   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   B   B   D   B   A   A   D   A   B   B   Not
Applicable
217   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
343   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
425   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   C   A   D   A   A   A   D   A   C   A   Not
Applicable
1060   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
307   XXXXXX   XXXXXX   XXXXXX   C   A   A   A   C   A   A   A   C   A   A   A   C   A   A   A   Not
Applicable
308   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
309   XXXXXX   XXXXXX   XXXXXX   C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Not
Applicable
246   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
317   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   N/A   N/A   A   A   A   A   A   A   N/A   N/A   Not
Applicable
1049   XXXXXX   XXXXXX   XXXXXX   D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Not
Applicable
820   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
737   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
1023   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
1100   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
882   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
981   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
896   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
511   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
832   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Yes
1114   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
356   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
411   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
272   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
1095   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
1036   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
1017   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
321   XXXXXX   XXXXXX   XXXXXX   C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Not
Applicable
418   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
537   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
538   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
466   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
630   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
539   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
12   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable

 


Deal
ID
  Loan
Number
  Lender
Application
Date
  Broker
Application
Date
  Initial Securitization
Overall Loan Grade
  Final Securitization
Overall Loan
Grade
  Initial
Securitization
Loan Credit
Grade
  Final Securitization
Loan Credit Grade
  Initial
Securitization Loan
Property Valuation
Grade
  Final Securitization
Loan Property
Valuations Grade
  Initial
Securitization
Loan
Compliance
Grade
  Final Securitization
Loan Compliance
Grade
  Initial S&P Overall
Loan Grade
  Final S&P Overall
Loan Grade
  Initial S&P Loan
Credit Grade
  Final S&P Loan
Credit Grade
  Initial S&P Loan
Property
Valuation Grade
  Final S&P Loan
Property
Valuations
Grade
  Initial S&P Loan
Compliance
Grade
  Final S&P Loan
Compliance
Grade
  Did Lender
Acknowledge
Exception at
Origination
525   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
476   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
468   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Not
Applicable
504   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
469   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   No
464   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
1012   XXXXXX   XXXXXX   XXXXXX   C   B   C   A   A   A   B   B   C   B   C   A   A   A   B   B   Not
Applicable
513   XXXXXX   XXXXXX   XXXXXX   C   B   C   A   A   A   B   B   C   B   C   A   A   A   B   B   Not
Applicable
514   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
515   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
533   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Yes
471   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
958   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
498   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
520   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   No
503   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
531   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
944   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
578   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
529   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
534   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
971   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
642   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   No
833   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   C   A   D   A   A   A   D   A   C   A   No
800   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
973   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
679   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
721   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
549   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
674   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
780   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
738   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
637   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
708   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
709   XXXXXX   XXXXXX   XXXXXX   D   D   D   D   D   C   A   A   D   D   D   D   D   C   A   A   Not
Applicable
767   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
831   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   D   A   D   A   D   A   D   A   D   A   D   A   Not
Applicable
670   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
760   XXXXXX   XXXXXX   XXXXXX   D   C   A   A   A   A   D   C   D   C   A   A   A   A   D   C   Not
Applicable
762   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
671   XXXXXX   XXXXXX   XXXXXX   D   D   D   D   D   A   C   C   D   D   D   D   D   A   C   C   Not
Applicable
672   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
770   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Not
Applicable
718   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
754   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   A   C   B   D   B   A   A   D   A   C   B   Not
Applicable
660   XXXXXX   XXXXXX   XXXXXX   B   B   B   B   A   A   A   A   B   B   B   B   A   A   A   A   Not
Applicable
691   XXXXXX   XXXXXX   XXXXXX   D   C   A   A   D   A   C   C   D   C   A   A   D   A   C   C   Not
Applicable

 


Deal
ID
  Loan
Number
  Lender
Application
Date
  Broker
Application
Date
  Initial Securitization
Overall Loan Grade
  Final Securitization
Overall Loan
Grade
  Initial
Securitization
Loan Credit
Grade
  Final Securitization
Loan Credit Grade
  Initial
Securitization Loan
Property Valuation
Grade
  Final Securitization
Loan Property
Valuations Grade
  Initial
Securitization
Loan
Compliance
Grade
  Final Securitization
Loan Compliance
Grade
  Initial S&P Overall
Loan Grade
  Final S&P Overall
Loan Grade
  Initial S&P Loan
Credit Grade
  Final S&P Loan
Credit Grade
  Initial S&P Loan
Property
Valuation Grade
  Final S&P Loan
Property
Valuations
Grade
  Initial S&P Loan
Compliance
Grade
  Final S&P Loan
Compliance
Grade
  Did Lender
Acknowledge
Exception at
Origination
692   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
693   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
902   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
662   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
658   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
722   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
1003   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
694   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
907   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   No
793   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
1046   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
758   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   No
812   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
849   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
697   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
759   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
908   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
699   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
748   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
735   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
704   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   C   A   D   A   A   A   D   A   C   A   Not
Applicable
807   XXXXXX   XXXXXX   XXXXXX   D   C   A   A   D   C   A   A   D   C   A   A   D   C   A   A   Not
Applicable
706   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   No
753   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Not
Applicable
809   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
901   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   B   A   A   D   A   A   A   D   A   A   A   Not
Applicable
707   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
974   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
773   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
776   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
1042   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   No
777   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   No
779   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
880   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Not
Applicable
782   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
783   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Not
Applicable
952   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Not
Applicable
876   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Not
Applicable
1092   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
1045   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   B   A   A   D   B   A   A   Not
Applicable
953   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Not
Applicable
803   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
892   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
840   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
889   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
842   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
843   XXXXXX   XXXXXX   XXXXXX   D   D   D   D   D   B   A   A   D   D   D   D   D   A   A   A   Not
Applicable
891   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable

 


Deal
ID
  Loan
Number
  Lender
Application
Date
  Broker
Application
Date
  Initial Securitization
Overall Loan Grade
  Final Securitization
Overall Loan
Grade
  Initial
Securitization
Loan Credit
Grade
  Final Securitization
Loan Credit Grade
  Initial
Securitization Loan
Property Valuation
Grade
  Final Securitization
Loan Property
Valuations Grade
  Initial
Securitization
Loan
Compliance
Grade
  Final Securitization
Loan Compliance
Grade
  Initial S&P Overall
Loan Grade
  Final S&P Overall
Loan Grade
  Initial S&P Loan
Credit Grade
  Final S&P Loan
Credit Grade
  Initial S&P Loan
Property
Valuation Grade
  Final S&P Loan
Property
Valuations
Grade
  Initial S&P Loan
Compliance
Grade
  Final S&P Loan
Compliance
Grade
  Did Lender
Acknowledge
Exception at
Origination
967   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Yes
1108   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
886   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
898   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
939   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
966   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
884   XXXXXX   XXXXXX   XXXXXX   D   C   A   A   D   C   C   C   D   C   A   A   D   C   C   C   Not
Applicable
957   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
885   XXXXXX   XXXXXX   XXXXXX   C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Not
Applicable
959   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
888   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
1065   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   No
969   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
1107   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
962   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
943   XXXXXX   XXXXXX   XXXXXX   D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Not
Applicable
933   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   No
1101   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
1123   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
948   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
1121   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   No
1084   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
1111   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
1047   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Not
Applicable
1055   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
1105   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable