Exhibit 99.1
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Ernst & Young LLP One Manhattan West New York, NY 10001 |
Tel: +1 212 773 3000 ey.com |
Report of Independent Accountants on Applying Agreed-Upon Procedures
CoreVest Purchaser 2, LLC (“CoreVest”)
CoreVest American Finance Depositor LLC (the “Depositor”)
Redwood Maple Term Asset Investor, LLC
Goldman Sachs & Co. LLC
Wells Fargo Securities, LLC
Morgan Stanley & Co. LLC
(collectively, the “Specified Parties”)
| Re: | CoreVest American Finance 2026-1 Trust (the “Issuing Entity”) |
| Mortgage Pass-Through Certificates (the “Certificates”) | |
| Mortgage Loan and Sample Property Agreed-Upon Procedures |
We have performed the procedures enumerated in Attachment A, which were agreed to and acknowledged as appropriate by the Specified Parties, for the intended purpose of assisting the Specified Parties in evaluating the accuracy of certain information with respect to the Mortgage Loans and certain Mortgaged Properties (both as defined herein) contained on the Data Files (as defined herein) (the “Subject Matter”) relating to the Issuing Entity’s securitization transaction as of 9 June 2026. This report may not be suitable for any other purpose. The procedures performed may not address all of the items of interest to a user of the report and may not meet the needs of all users of the report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. The appropriateness of these procedures is solely the responsibility of the Specified Parties identified in this report. No other party acknowledged the appropriateness of the procedures. Consequently, we make no representation regarding the appropriateness of the procedures described in Attachment A, either for the purpose for which this report has been requested or for any other purpose.
The procedures performed and our associated findings are included in Attachment A.
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For the purpose of the procedures described in this report, CoreVest, on behalf of the Depositor, provided us with:
| a. | Certain electronic data files containing information relating to the Mortgage Loans (the “Mortgage Loan Data Files”) that are described in Attachment A, |
| b. | Certain electronic data files containing information relating to the Mortgaged Properties (the “Property Data Files,” together with the Mortgage Loan Data Files, the “Data Files”) that are described in Attachment A, |
| c. | Electronic copies of the files for the Mortgage Loans and certain Mortgaged Properties which contain copies of: |
| i. | Various source documents relating to the Mortgage Loans (the “Mortgage Loan Source Documents”) and |
| ii. | Appraisal or desktop review reports (collectively, the “Appraisals”), broker price opinions (the “BPOs”) and building and unit description reports (the “Building and Unit Description Reports,” together with the Appraisals and BPOs, the “Property Source Documents”) relating to certain Mortgaged Properties, |
| d. | An electronic data file labeled “MSAs_zip.xlsx” (the “MSA Support File,” together with the Property Source Documents, the “Property Sources”) which contains metropolitan statistical area information for certain zip codes, |
| e. | A schedule (the “Property Sampling Schedule”), certain information from which is shown on Exhibit 2 to Attachment A, that CoreVest, on behalf of the Depositor, indicated contains a list of loan identification numbers (each, a “Loan ID”) corresponding to certain fixed-rate mortgage loans, |
| f. | A list of characteristics on the Property Data Files (the “Property Sample Characteristics”), which are described in Attachment A, that CoreVest, on behalf of the Depositor, instructed us to compare to information contained in the Property Sources, |
| g. | A list of characteristics on the Mortgage Loan Data Files (the “Compared Mortgage Loan Characteristics”), which are listed on Exhibit 5 to Attachment A, that CoreVest, on behalf of the Depositor, instructed us to compare to information contained in the Mortgage Loan Source Documents, |
| h. | A list of characteristics on the Data Files (the “Recalculated Characteristics”), which are described in Attachment A, that CoreVest, on behalf of the Depositor, instructed us to recalculate using information on the Data Files, |
| i. | A list of characteristics on the Mortgage Loan Data Files (the “Provided Mortgage Loan Characteristics”), which are listed on Exhibit 6 to Attachment A, on which CoreVest, on behalf of the Depositor, instructed us to perform no procedures, |
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| j. | A draft of the preliminary confidential offering circular for the Issuing Entity’s securitization transaction (the “Draft Preliminary Offering Circular”) and |
k. Instructions, assumptions and methodologies, which are described in Attachment A.
The procedures included in Attachment A were limited to comparing or recalculating certain information that is further described in Attachment A. The Depositor is responsible for the Subject Matter, Data Files, Mortgage Loan Source Documents, Property Sources, Property Sampling Schedule, Property Sample Characteristics, Compared Mortgage Loan Characteristics, Recalculated Characteristics, Provided Mortgage Loan Characteristics, Draft Preliminary Offering Circular and the determination of the instructions, assumptions and methodologies that are described herein. We were not requested to perform, and we have not performed, any procedures other than those listed in Attachment A with respect to the Data Files. We have not verified, and we make no representation as to, the appropriateness, accuracy, completeness or reasonableness of the Mortgage Loan Source Documents, Property Sources, Property Sampling Schedule, Provided Mortgage Loan Characteristics, Draft Preliminary Offering Circular or any other information provided to us by CoreVest, on behalf of the Depositor, upon which we relied in forming our findings. Accordingly, we make no representation and express no opinion or conclusion as to: (a) the existence of the Mortgage Loans and Mortgaged Properties, (b) questions of legal or tax interpretation or (c) the appropriateness, accuracy, completeness or reasonableness of any instructions, assumptions and methodologies provided to us by CoreVest, on behalf of the Depositor, that are described in this report. We undertake no responsibility to update this report for events and circumstances occurring after the date hereof.
This agreed-upon procedures engagement was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants (the “AICPA”). An agreed-upon procedures engagement involves the practitioner performing specific procedures that the Specified Parties have agreed to and acknowledged to be appropriate for the purpose of the engagement and reporting on findings based on the procedures performed. We were not engaged to, and did not, conduct an examination to express an opinion or a review to express a conclusion in accordance with attestation standards established by the AICPA on any of the items referred to herein. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.
The agreed-upon procedures described in this report were not performed for the purpose of:
| a. | Satisfying any criteria for due diligence published by a nationally recognized statistical rating organization (a “rating agency”) or |
| b. | Making any findings with respect to: |
| i. | Whether the origination of the Mortgage Loans conformed to, or deviated from, stated underwriting or credit extension guidelines, standards, criteria, or other requirements, |
| ii. | The value of the collateral securing the Mortgage Loans, |
| iii. | Whether the originator(s) of the Mortgage Loans complied with federal, state or local laws or regulations or |
| iv. | Any other factor or characteristic of the Mortgage Loans or Mortgaged Properties would be material to the likelihood that the issuer of the Certificates will pay interest and principal in accordance with applicable terms and conditions. |
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We are required to be independent of the Depositor and to meet our other ethical responsibilities, as applicable for agreed-upon procedures engagements set forth in the Preface: Applicable to All Members and Part 1 – Members in Public Practice of the Code of Professional Conduct established by the AICPA. Independence requirements for agreed-upon procedures engagements are less restrictive than independence requirements for audit and other attestation services.
This report is intended solely for the information and use of the Specified Parties and is not intended to be, and should not be, used by anyone other than the Specified Parties. It is not intended to be, and should not be, used by any other person or entity, including investors and rating agencies, who are not identified in the report as Specified Parties, but who may have access to this report as required by law or regulation.
/s/ Ernst & Young LLP
9 June 2026
![]() | Attachment A Page 1 of 9 |
Background
For the purpose of the procedures described in this report, CoreVest, on behalf of the Depositor, indicated that:
| a. | The primary assets of the Issuing Entity will be 56 fixed-rate mortgage loans (the “Mortgage Loans”) and |
| b. | The Mortgage Loans are secured by first liens on 1,502 mortgaged properties (the “Mortgaged Properties”). |
Procedures performed and our associated findings
| 1. | CoreVest, on behalf of the Depositor, provided us with an electronic data file labeled “CAFL 2026-1 Tape - Updated 05.25.26 - EY.xlsx” and the corresponding record layout and decode information (the “Preliminary Property Data File,” which together with the Final Property Data File (as defined herein) comprise the Property Data Files), which CoreVest, on behalf of the Depositor, indicated contains information relating to 1,505 mortgaged properties and 856 additional units (the “Preliminary Properties and Units”) that secure 56 mortgage loans (the “Preliminary Mortgage Loans”). |
CoreVest, on behalf of the Depositor, provided us with an electronic data file labeled “2026-1 Loan File Upload - EY.xlsx” (the “Loan File Upload Data File”), that CoreVest, on behalf of the Depositor, indicated contains information relating to:
| a. | 26 mortgage loans with “X” in the “Ready to Review” column (the” Preliminary Mortgage Loans 1”) and |
| b. | 30 mortgage loans with “<blank>” in the “Ready to Review” column (the” Preliminary Mortgage Loans 2”). |
As instructed by CoreVest, on behalf of the Depositor, from the Preliminary Property Data File, we selected a sample of:
| a. | Mortgaged properties and units that secure the Preliminary Mortgage Loans 1 (the “Preliminary Properties and Units 1”) and |
| b. | Mortgaged properties and units that secure the Preliminary Mortgage Loans 2 (the “Preliminary Properties and Units 2,” which together with the Preliminary Properties and Units 1 comprise the Preliminary Properties and Units), |
using the sample selection methodology provided by CoreVest, on behalf of the Depositor, that is described in the succeeding paragraph(s) of this Item.
![]() | Attachment A Page 2 of 9 |
1. (continued)
For each of the:
| a. | Preliminary Mortgage Loans 1 and |
| b. | Preliminary Mortgage Loans 2 |
listed on the Property Sampling Schedule, CoreVest, on behalf of the Depositor, instructed us to:
| i. | Multiply 25% by the number of Preliminary Properties and Units which secure such Preliminary Mortgage Loan, |
| ii. | Round the value computed in i. above up to the nearest integer and |
| iii. | Select a random sample of Preliminary Properties and Units from the Preliminary Property Data File equal to the number computed in ii. above from the population of Preliminary Properties and Units which: |
| 1) | Secure such Preliminary Mortgage Loan and |
| 2) | Have “Y” for the “Parent” characteristic, as shown on the Preliminary Property Data File. |
The application of the sample selection methodology described in the preceding paragraph of this Item resulted in the selection of:
| a. | 224 properties from the Preliminary Properties and Units 1 from the Preliminary Property Data File (the “Sample Properties 1”) and |
| b. | 295 properties from the Preliminary Properties and Units 2 from the Preliminary Property Data File (the “Sample Properties 2,” together with the Sample Properties 1, the “Sample Properties”). |
The Sample Properties are shown on Exhibit 1 to Attachment A. For the purpose of this procedure, CoreVest, on behalf of the Depositor, did not inform us as to the basis for the instructions or methodology they instructed us to use to select the Sample Properties from the Preliminary Property Data File or the basis for the inclusion of the:
| a. | Preliminary Mortgage Loans 1 and |
| b. | Preliminary Mortgage Loans 2 |
on the Property Sampling Schedule. We performed no procedures relating to any Preliminary Mortgage Loan that was not included on the Property Sampling Schedule.
For the purpose of the procedures described in this report, the:
| a. | Sample Properties 1 are referred to as Sample Property Numbers 1001 through 1224 and |
| b. | Sample Properties 2 are referred to as Sample Property Numbers 2001 through 2295. |
![]() | Attachment A Page 3 of 9 |
| 2. | For each Sample Property, we compared the characteristics listed on Exhibit 3 to Attachment A (the “Base Property Sample Characteristics”), as shown on the Preliminary Property Data File, to the corresponding information located in the Property Source Documents that were provided by CoreVest, on behalf of the Depositor, subject to the instructions, assumptions and methodologies provided by CoreVest, on behalf of the Depositor, that are described in the notes to Exhibit 3 to Attachment A. The Property Source Document(s) that we were instructed by CoreVest, on behalf of the Depositor, to use for each Base Property Sample Characteristic are indicated on Exhibit 3 to Attachment A. Except for the information shown on Exhibit 4 to Attachment A, all such compared information was in agreement. |
| 3. | CoreVest, on behalf of the Depositor, provided us with an electronic data file labeled “CAFL 2026-1 Tape - 06.09.26 - External v7” and the corresponding record layout and decode information (the “Final Property Data File”) that CoreVest, on behalf of the Depositor, indicated contains information relating to the Mortgage Loans and Mortgaged Properties as of the related due date of each Mortgage Loan in May 2026 (the “Payment Cut-Off Date”). |
We compared the property identification number (the “Property ID”) for each Sample Property, as shown on the applicable Preliminary Property Data File, to the corresponding Property ID, as shown on the Final Property Data File, and noted that:
| a. | 518 of the Mortgaged Properties included on the Final Property Data File were Sample Properties (the “Final Sample Properties”) and |
| b. | One of the Sample Properties was not included on the Final Property Data File (the “Removed Sample Property”), which is shown on Exhibit 1 to Attachment A. |
As applicable, for the purpose of performing the comparison described above, CoreVest, on behalf of the Depositor, provided the decode table shown below, and instructed us to use the value shown in the “Updated Property ID” column for the Sample Property which corresponds to the “Property ID” that is shown in the “Property ID” column.
| Property ID | Updated Property ID | Property ID | Updated Property ID |
| NAP | NAP | NAP | NAP |
| 4. | For each Sample Property, we compared the Base Property Sample Characteristics listed on Exhibit 3 to Attachment A, as shown on the Final Property Data File, to the corresponding information that we identified in performing the procedures described in Item 2. All such compared information was in agreement. |
| 5. | For each Mortgaged Property, we compared the “closest MSA” characteristic (the “Closest MSA Property Sample Characteristic,” which together with the Base Property Sample Characteristics comprise the Property Sample Characteristics), as shown on the Final Property Data File, to the metropolitan statistical area information on the MSA Support File for the corresponding “zip code,” as shown on the Final Property Data File. All such compared information was in agreement. |
![]() | Attachment A Page 4 of 9 |
| 6. | CoreVest, on behalf of the Depositor, provided us with an electronic data file and the corresponding record layout and decode information (the “Preliminary Mortgage Loan Data File”) that CoreVest, on behalf of the Depositor, indicated contains information relating to the Mortgage Loans as of the Payment Cut-Off Date. |
We performed certain procedures on earlier versions of the Data Files and communicated differences prior to being provided the Data Files which were subjected to the procedures as described herein.
For each Mortgage Loan on the Preliminary Mortgage Loan Data File, we compared the Compared Mortgage Loan Characteristics listed on Exhibit 5 to Attachment A, as shown on the Preliminary Mortgage Loan Data File, to the corresponding information located in the Mortgage Loan Source Documents that were provided by CoreVest, on behalf of the Depositor, subject to the instructions, assumptions and methodologies described in the notes to Exhibit 5 to Attachment A and the succeeding paragraph(s) of this Item.
The Mortgage Loan Source Document(s) that CoreVest, on behalf of the Depositor, instructed us to use for each Compared Mortgage Loan Characteristic are indicated on Exhibit 5 to Attachment A. If more than one Mortgage Loan Source Document is listed for a Compared Mortgage Loan Characteristic, CoreVest, on behalf of the Depositor, instructed us to note agreement if the value on the Preliminary Mortgage Loan Data File for the Compared Mortgage Loan Characteristic agreed with the corresponding information on at least one of the Mortgage Loan Source Documents that are listed for such Compared Mortgage Loan Characteristic on Exhibit 5 to Attachment A (except as described in the notes to Exhibit 5 to Attachment A). We performed no procedures to reconcile any differences that may exist between various Mortgage Loan Source Documents for any of the Compared Mortgage Loan Characteristics listed on Exhibit 5 to Attachment A.
| 7. | As instructed by CoreVest, on behalf of the Depositor, we adjusted the information on the Preliminary Mortgage Loan Data File to correct all the differences we noted in performing the procedures described in the Item above and provided a list of such differences to CoreVest. The Preliminary Mortgage Loan Data File, as so adjusted, is hereinafter referred to as the “Updated Mortgage Loan Data File.” |
| 8. | Subsequent to the performance of the procedures described in Items 6. and 7. above, CoreVest, on behalf of the Depositor, provided us with an electronic data file and the corresponding record layout and decode information (the “Final Mortgage Loan Data File,” which together with the Preliminary Mortgage Loan Data File comprise the Mortgage Loan Data Files) that CoreVest, on behalf of the Depositor, indicated contains information relating the Mortgage Loans as of the Payment Cut-Off Date. |
Using information on the:
| a. | Final Mortgage Loan Data File and |
| b. | Updated Mortgage Loan Data File |
for each Mortgage Loan, we compared each Compared Mortgage Loan Characteristic listed on Exhibit 5 to Attachment A, as shown on the Final Mortgage Loan Data File, to the corresponding information on the Updated Mortgage Loan Data File. All such compared information was in agreement.
![]() | Attachment A Page 5 of 9 |
| 9. | Using the: |
| a. | First Payment Date and |
| b. | Initial Maturity Date, |
as shown on the Final Mortgage Loan Data File, we recalculated the “Original Term to Maturity (months)” of each Mortgage Loan. We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.
| 10. | Using the: |
| a. | Mortgage Loan Initial Funded Amount ($), |
| b. | Interest Rate (adjusted as described in the succeeding paragraph(s) of this Item, as applicable) and |
| c. | Monthly Debt Service ($), |
as shown on the Final Mortgage Loan Data File, and assuming that each Mortgage Loan has a fixed level monthly payment, we recalculated the “Original Amortization Term (months)” of each Mortgage Loan (except for any Interest Only Mortgage Loan (as defined herein), which are described in the succeeding paragraph(s) of this Item). We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.
For the purpose of the “Original Amortization Term (months)” recalculation described above for each Mortgage Loan (except for any Interest Only Mortgage Loan), all of which have an “Interest Rate Accrual” of “Actual/360,” as shown on the Final Mortgage Loan Data File, CoreVest, on behalf of the Depositor, instructed us to divide the “Interest Rate,” as shown on the Final Mortgage Loan Data File, by twelve (12) and then multiply by a fraction equal to 365/360.
For any Interest Only Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to use “N/A” for the “Original Amortization Term (months)” characteristic.
For the 61091 Mortgage Loan (as defined herein), CoreVest, on behalf of the Depositor, instructed us to use “360” for the “Original Amortization Term (months)” characteristic.
We performed no procedures to determine the appropriateness, accuracy, completeness or reasonableness of the instructions, assumptions and methodologies provided by CoreVest, on behalf of the Depositor, that are described in the preceding paragraph(s) of this Item.
| 11. | Using the “First Payment Date,” as shown on the Final Mortgage Loan Data File, we recalculated the “Seasoning (months)” of each Mortgage Loan as of the Payment Cut-Off Date. We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement. |
![]() | Attachment A Page 6 of 9 |
| 12. | Using the: |
| a. | Mortgage Loan Initial Funded Amount ($), |
| b. | Interest Rate Accrual, |
| c. | Seasoning (months), |
| d. | IO Term (months), |
| e. | First Payment Date, |
| f. | Initial Maturity Date, |
| g. | Interest Rate and |
| h. | Monthly Debt Service ($), |
as shown on the Final Mortgage Loan Data File, we recalculated the principal balance of each Mortgage Loan as of:
| i. | The Payment Cut-Off Date (the “Cut-Off Date Principal Balance”) and |
| ii. | The “Initial Maturity Date” of the Mortgage Loan (the “Maturity Date Balance”), |
assuming all scheduled payments of principal and/or interest on the Mortgage Loans are made and that there are no prepayments or other unscheduled collections. We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.
For the purpose of this procedure, CoreVest, on behalf of the Depositor, instructed us to:
| a. | Ignore differences of +/- $1.00 or less and |
| b. | Recalculate the “Maturity Date Balance” as the aggregate principal balance that is scheduled to be paid on the “Initial Maturity Date” of the Mortgage Loan, including any principal component of the related “Monthly Debt Service ($),” as shown on the Final Mortgage Loan Data File, on the “Initial Maturity Date.” |
For the 61091 Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to use:
| a. | “$1,591,336.64” for the “Cut-Off Date Principal Balance” characteristic and |
| b. | “$1,399,891.37” for the “Maturity Date Balance” characteristic, |
as shown on the applicable loan amortization schedule Source Document.
We performed no procedures to determine the appropriateness, accuracy, completeness or reasonableness of the instructions, assumptions and methodologies provided by CoreVest, on behalf of the Depositor, that are described in the preceding paragraph(s) of this Item.
| 13. | Using the “Cut-Off Date Principal Balance,” as shown on the Final Mortgage Loan Data File, we recalculated the “% of Pool” of each Mortgage Loan. We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement. |
![]() | Attachment A Page 7 of 9 |
| 14. | Using the: |
| a. | Original Term to Maturity (months) and |
| b. | Seasoning (months), |
as shown on the Final Mortgage Loan Data File, we recalculated the “Remaining Term (months)” of each Mortgage Loan. We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.
| 15. | Using the: |
| a. | IO Term (months), |
| b. | Original Amortization Term (months) and |
| c. | Seasoning (months), |
as shown on the Final Mortgage Loan Data File, we recalculated the “Remaining Amortization Term (months)” of each Mortgage Loan (except for any Interest Only Mortgage Loan, which are described in the succeeding paragraph(s) of this Item). We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.
For any Interest Only Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to use “N/A” for the “Remaining Amortization Term (months)” characteristic.
| 16. | Using the: |
| a. | IO Term (months) and |
| b. | Seasoning (months), |
as shown on the Final Mortgage Loan Data File, we recalculated the “Remaining IO Term (months)” of each Mortgage Loan (except for any Amortizing Balloon Mortgage Loan (as defined herein), which are described in the succeeding paragraph(s) of this Item). We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.
For any Amortizing Balloon Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to use “N/A” for the “Remaining IO Term (months)” characteristic.
| 17. | Using the “Monthly Debt Service ($),” as shown on the Final Mortgage Loan Data File, we recalculated the “Annualized Debt Service Payment ($)” of each Mortgage Loan as twelve (12) times the “Monthly Debt Service ($),” as shown on the Final Mortgage Loan Data File. We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement. |
| 18. | Using the: |
| a. | Servicing Fee Rate, |
| b. | Distributed Ledger Fee Rate, |
| c. | Trustee/Note Administrator Fee Rate and |
| d. | CREFC® License Fee Rate, |
as shown on the Final Mortgage Loan Data File, we recalculated the “Administrative Fee Rate” of each Mortgage Loan. We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.
![]() | Attachment A Page 8 of 9 |
| 19. | Using the: |
| a. | Interest Rate and |
| b. | Administrative Fee Rate, |
as shown on the Final Mortgage Loan Data File, we recalculated the “Net Mortgage Rate” of each Mortgage Loan. We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.
| 20. | Using: |
| a. | Information on the Final Mortgage Loan Data File and |
| b. | The applicable calculation methodologies and assumptions described in the Draft Preliminary Offering Circular, |
we recalculated the:
| i. | Mortgage Loan UW NOI DSCR, |
| ii. | Mortgage Loan UW NCF DSCR, |
| iii. | NOI DSCR as of 3/31, |
| iv. | NCF DSCR as of 3/31, |
| v. | Mortgage Loan Cutoff NOI Debt Yield, |
| vi. | Mortgage Loan Cutoff NCF Debt Yield, |
| vii. | Origination Date LTV Ratio, |
| viii. | Cut-Off Date LTV Ratio and |
| ix. | Maturity Date LTV Ratio |
of each Mortgage Loan. We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement. For the purpose of this procedure, CoreVest, on behalf of the Depositor, instructed us to round the characteristics listed in i. through iv. above to two decimal places and the characteristics listed in v. through ix. above to the nearest 1/10th of one percent.
| 21. | Using the: |
| a. | Original Yield Maintenance Period and |
| b. | Seasoning (months), |
as shown on the Final Mortgage Loan Data File, we recalculated the “Current Yield Maintenance Period” of each Yield Maintenance Mortgage Loan (as defined herein). We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.
For any Mortgage Loan that is not a Yield Maintenance Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to use “N/A” for the “Current Yield Maintenance Period” characteristic.
| 22. | Using the “Guarantor,” as shown on the Final Mortgage Loan Data File, we identified those Mortgage Loans that have at least one common “Guarantor” (the “Related Guarantor Loans”). We compared the “Related Guarantor Loan” information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement. |
![]() | Attachment A Page 9 of 9 |
| 23. | For each Mortgaged Property, we compared the “Closing Date Allocated Loan Amount” characteristic, as shown on the Final Property Data File, to the corresponding information in the loan agreement Mortgage Loan Source Document for the related Mortgage Loan and found all such compared information to be in agreement. For the purpose of this procedure, CoreVest, on behalf of the Depositor, instructed us to ignore differences of +/- $1.00 or less. |
| 24. | Using the “Closing Date Allocated Loan Amount,” as shown on the Final Property Data File, we recalculated the “Allocated Loan Amount %” of each Mortgaged Property. We compared this recalculated information to the corresponding information on the Final Property Data File and found such information to be in agreement. |
| 25. | Using the: |
| a. | Cut-Off Date Principal Balance and |
| b. | Maturity Date Balance, |
as shown on the Final Mortgage Loan Data File, and the “Closing Date Allocated Loan Amount,” as shown on the Final Property Data File, we recalculated the principal balance of each Mortgaged Property as of the Payment Cut-Off Date (the “Cut-Off Date Allocated Loan Amount”) and as of the “Initial Maturity Date” of the related Mortgage Loan (the “Maturity Date Allocated Loan Amount”), based on the calculation methodology provided by CoreVest, on behalf of the Depositor, that is described in the succeeding paragraph(s) of this Item. We compared this recalculated information to the corresponding information on the Final Property Data File and found such information to be in agreement. For the purpose of this procedure, CoreVest, on behalf of the Depositor, instructed us to ignore differences of +/- $1.00 or less.
For the purpose of this procedure, CoreVest, on behalf of the Depositor, instructed us to allocate the “Cut-Off Date Principal Balance” and “Maturity Date Balance” of each Mortgage Loan, as shown on the Final Mortgage Loan Data File, to the respective Mortgaged Properties that secure such Mortgage Loan on a pro-rata basis using the “Mortgage Loan Initial Funded Amount ($)” of the Mortgage Loans, as shown on the Final Mortgage Loan Data File, and “Closing Date Allocated Loan Amount” of the Mortgaged Properties, as shown on the Final Property Data File.
Exhibit 1 to Attachment A
Page 1 of 3
| Sample Property Number |
Loan ID | Property ID | Sample Properties 1 |
Sample Properties 2 | Removed Sample Properties |
Sample Property Number |
Loan ID | Property ID | Sample Properties 1 |
Sample Properties 2 |
Removed Sample Properties | |||||||||||
| 1001 | 59945 | 59945-1 | X | 1091 | 62363 | 62363-2 | X | |||||||||||||||
| 1002 | 60018 | 60018-1 | X | 1092 | 62363 | 62363-21 | X | |||||||||||||||
| 1003 | 60018 | 60018-2 | X | 1093 | 62363 | 62363-26 | X | |||||||||||||||
| 1004 | 60018 | 60018-5 | X | 1094 | 62363 | 62363-5 | X | |||||||||||||||
| 1005 | 60018 | 60018-3 | X | 1095 | 62363 | 62363-29 | X | |||||||||||||||
| 1006 | 60018 | 60018-6 | X | 1096 | 62363 | 62363-32 | X | |||||||||||||||
| 1007 | 60018 | 60018-7 | X | 1097 | 62363 | 62363-15 | X | |||||||||||||||
| 1008 | 60018 | 60018-4 | X | 1098 | 62501 | 62501-57 | X | |||||||||||||||
| 1009 | 60018 | 60018-8 | X | 1099 | 62501 | 62501-3 | X | |||||||||||||||
| 1010 | 60118 | 60118-1 | X | 1100 | 62501 | 62501-15 | X | |||||||||||||||
| 1011 | 60140 | 60140-6 | X | 1101 | 62501 | 62501-39 | X | |||||||||||||||
| 1012 | 60140 | 60140-3 | X | 1102 | 62501 | 62501-10 | X | |||||||||||||||
| 1013 | 60140 | 60140-1 | X | 1103 | 62501 | 62501-29 | X | |||||||||||||||
| 1014 | 60841 | 60841-1 | X | 1104 | 62501 | 62501-50 | X | |||||||||||||||
| 1015 | 60870 | 60870-7 | X | 1105 | 62501 | 62501-2 | X | |||||||||||||||
| 1016 | 60870 | 60870-6 | X | 1106 | 62501 | 62501-53 | X | |||||||||||||||
| 1017 | 60870 | 60870-13 | X | 1107 | 62501 | 62501-5 | X | |||||||||||||||
| 1018 | 60870 | 60870-4 | X | 1108 | 62501 | 62501-26 | X | |||||||||||||||
| 1019 | 61184 | 61184-6 | X | 1109 | 62501 | 62501-42 | X | |||||||||||||||
| 1020 | 61184 | 61184-1 | X | 1110 | 62501 | 62501-9 | X | |||||||||||||||
| 1021 | 61228 | 61228-16 | X | 1111 | 62501 | 62501-24 | X | |||||||||||||||
| 1022 | 61228 | 61228-19 | X | 1112 | 62501 | 62501-16 | X | |||||||||||||||
| 1023 | 61228 | 61228-17 | X | 1113 | 62501 | 62501-44 | X | |||||||||||||||
| 1024 | 61228 | 61228-14 | X | 1114 | 62501 | 62501-22 | X | |||||||||||||||
| 1025 | 61228 | 61228-18 | X | 1115 | 62501 | 62501-30 | X | |||||||||||||||
| 1026 | 61228 | 61228-8 | X | 1116 | 62547 | 62547-62 | X | |||||||||||||||
| 1027 | 61228 | 61228-2 | X | 1117 | 62547 | 62547-53 | X | |||||||||||||||
| 1028 | 61228 | 61228-10 | X | 1118 | 62547 | 62547-25 | X | |||||||||||||||
| 1029 | 61228 | 61228-7 | X | 1119 | 62547 | 62547-19 | X | |||||||||||||||
| 1030 | 61228 | 61228-6 | X | 1120 | 62547 | 62547-64 | X | |||||||||||||||
| 1031 | 61231 | 61231-10 | X | 1121 | 62547 | 62547-78 | X | |||||||||||||||
| 1032 | 61231 | 61231-11 | X | 1122 | 62547 | 62547-73 | X | |||||||||||||||
| 1033 | 61231 | 61231-1 | X | 1123 | 62547 | 62547-86 | X | |||||||||||||||
| 1034 | 61231 | 61231-7 | X | 1124 | 62547 | 62547-60 | X | |||||||||||||||
| 1035 | 61329 | 61329-23 | X | 1125 | 62547 | 62547-40 | X | |||||||||||||||
| 1036 | 61329 | 61329-15 | X | 1126 | 62547 | 62547-5 | X | |||||||||||||||
| 1037 | 61329 | 61329-28 | X | 1127 | 62547 | 62547-14 | X | |||||||||||||||
| 1038 | 61329 | 61329-27 | X | 1128 | 62547 | 62547-51 | X | |||||||||||||||
| 1039 | 61329 | 61329-18 | X | 1129 | 62547 | 62547-57 | X | |||||||||||||||
| 1040 | 61329 | 61329-20 | X | 1130 | 62547 | 62547-55 | X | |||||||||||||||
| 1041 | 61329 | 61329-17 | X | 1131 | 62547 | 62547-39 | X | |||||||||||||||
| 1042 | 61329 | 61329-4 | X | 1132 | 62547 | 62547-21 | X | |||||||||||||||
| 1043 | 61780 | 61780-1 | X | 1133 | 62547 | 62547-66 | X | |||||||||||||||
| 1044 | 61780 | 61780-13 | X | 1134 | 62547 | 62547-44 | X | |||||||||||||||
| 1045 | 61780 | 61780-8 | X | 1135 | 62547 | 62547-17 | X | |||||||||||||||
| 1046 | 61780 | 61780-10 | X | 1136 | 62547 | 62547-56 | X | |||||||||||||||
| 1047 | 61780 | 61780-14 | X | 1137 | 62547 | 62547-29 | X | |||||||||||||||
| 1048 | 61780 | 61780-3 | X | 1138 | 62547 | 62547-7 | X | |||||||||||||||
| 1049 | 61780 | 61780-17 | X | 1139 | 62547 | 62547-52 | X | |||||||||||||||
| 1050 | 61780 | 61780-7 | X | 1140 | 62547 | 62547-10 | X | |||||||||||||||
| 1051 | 62028 | 62028-3 | X | 1141 | 62547 | 62547-42 | X | |||||||||||||||
| 1052 | 62028 | 62028-13 | X | 1142 | 62547 | 62547-72 | X | |||||||||||||||
| 1053 | 62028 | 62028-15 | X | 1143 | 62547 | 62547-4 | X | |||||||||||||||
| 1054 | 62028 | 62028-5 | X | 1144 | 62547 | 62547-12 | X | |||||||||||||||
| 1055 | 62089 | 62089-4 | X | 1145 | 62547 | 62547-63 | X | |||||||||||||||
| 1056 | 62089 | 62089-3 | X | 1146 | 62547 | 62547-43 | X | |||||||||||||||
| 1057 | 62089 | 62089-5 | X | 1147 | 62547 | 62547-59 | X | |||||||||||||||
| 1058 | 62089 | 62089-1 | X | 1148 | 62547 | 62547-13 | X | |||||||||||||||
| 1059 | 62089 | 62089-2 | X | 1149 | 62547 | 62547-54 | X | |||||||||||||||
| 1060 | 62169 | 62169-5 | X | 1150 | 62547 | 62547-83 | X | |||||||||||||||
| 1061 | 62169 | 62169-3 | X | 1151 | 62547 | 62547-38 | X | |||||||||||||||
| 1062 | 62181 | 62181-1 | X | 1152 | 62547 | 62547-31 | X | |||||||||||||||
| 1063 | 62181 | 62181-10 | X | 1153 | 62547 | 62547-46 | X | |||||||||||||||
| 1064 | 62181 | 62181-13 | X | 1154 | 62547 | 62547-28 | X | |||||||||||||||
| 1065 | 62181 | 62181-16 | X | 1155 | 62547 | 62547-3 | X | |||||||||||||||
| 1066 | 62181 | 62181-4 | X | 1156 | 62547 | 62547-88 | X | |||||||||||||||
| 1067 | 62181 | 62181-8 | X | 1157 | 62547 | 62547-91 | X | |||||||||||||||
| 1068 | 62181 | 62181-6 | X | 1158 | 62547 | 62547-18 | X | |||||||||||||||
| 1069 | 62181 | 62181-7 | X | 1159 | 62547 | 62547-82 | X | |||||||||||||||
| 1070 | 62181 | 62181-9 | X | 1160 | 62547 | 62547-30 | X | |||||||||||||||
| 1071 | 62181 | 62181-3 | X | 1161 | 62547 | 62547-76 | X | |||||||||||||||
| 1072 | 62181 | 62181-2 | X | 1162 | 62547 | 62547-8 | X | |||||||||||||||
| 1073 | 62181 | 62181-14 | X | 1163 | 62937 | 62937-93 | X | |||||||||||||||
| 1074 | 62181 | 62181-15 | X | 1164 | 62937 | 62937-7 | X | |||||||||||||||
| 1075 | 62181 | 62181-5 | X | 1165 | 62937 | 62937-44 | X | |||||||||||||||
| 1076 | 62181 | 62181-11 | X | 1166 | 62937 | 62937-25 | X | |||||||||||||||
| 1077 | 62181 | 62181-12 | X | 1167 | 62937 | 62937-32 | X | |||||||||||||||
| 1078 | 62278 | 62278-9 | X | 1168 | 62937 | 62937-42 | X | |||||||||||||||
| 1079 | 62278 | 62278-7 | X | 1169 | 62937 | 62937-110 | X | |||||||||||||||
| 1080 | 62278 | 62278-12 | X | 1170 | 62937 | 62937-27 | X | |||||||||||||||
| 1081 | 62278 | 62278-4 | X | 1171 | 62937 | 62937-48 | X | |||||||||||||||
| 1082 | 62278 | 62278-13 | X | 1172 | 62937 | 62937-71 | X | |||||||||||||||
| 1083 | 62278 | 62278-2 | X | 1173 | 62937 | 62937-8 | X | |||||||||||||||
| 1084 | 62278 | 62278-6 | X | 1174 | 62937 | 62937-90 | X | |||||||||||||||
| 1085 | 62278 | 62278-10 | X | 1175 | 62937 | 62937-63 | X | |||||||||||||||
| 1086 | 62278 | 62278-8 | X | 1176 | 62937 | 62937-51 | X | |||||||||||||||
| 1087 | 62278 | 62278-11 | X | 1177 | 62937 | 62937-9 | X | |||||||||||||||
| 1088 | 62363 | 62363-23 | X | 1178 | 62937 | 62937-76 | X | |||||||||||||||
| 1089 | 62363 | 62363-28 | X | 1179 | 62937 | 62937-80 | X | |||||||||||||||
| 1090 | 62363 | 62363-14 | X | 1180 | 62937 | 62937-40 | X |
Exhibit 1 to Attachment A
Page 2 of 3
| Sample Property Number |
Loan ID | Property ID | Sample Properties 1 |
Sample Properties 2 | Removed Sample Properties |
Sample Property Number |
Loan ID | Property ID | Sample Properties 1 |
Sample Properties 2 |
Removed Sample Properties | |||||||||||
| 1181 | 62937 | 62937-58 | X | 2047 | 59725 | 59725-35 | X | |||||||||||||||
| 1182 | 62937 | 62937-117 | X | 2048 | 59725 | 59725-22 | X | |||||||||||||||
| 1183 | 62937 | 62937-99 | X | 2049 | 59725 | 59725-4 | X | |||||||||||||||
| 1184 | 62937 | 62937-16 | X | 2050 | 59725 | 59725-11 | X | |||||||||||||||
| 1185 | 62937 | 62937-101 | X | 2051 | 59725 | 59725-28 | X | |||||||||||||||
| 1186 | 62937 | 62937-81 | X | 2052 | 59725 | 59725-41 | X | |||||||||||||||
| 1187 | 62937 | 62937-52 | X | 2053 | 59725 | 59725-30 | X | |||||||||||||||
| 1188 | 62937 | 62937-111 | X | 2054 | 59725 | 59725-9 | X | |||||||||||||||
| 1189 | 62937 | 62937-38 | X | 2055 | 59929 | 59929-80 | X | |||||||||||||||
| 1190 | 62937 | 62937-73 | X | 2056 | 59929 | 59929-95 | X | |||||||||||||||
| 1191 | 62937 | 62937-70 | X | 2057 | 59929 | 59929-8 | X | |||||||||||||||
| 1192 | 62937 | 62937-113 | X | 2058 | 59929 | 59929-94 | X | |||||||||||||||
| 1193 | 62937 | 62937-21 | X | 2059 | 59929 | 59929-112 | X | |||||||||||||||
| 1194 | 62997 | 62997-1 | X | 2060 | 59929 | 59929-117 | X | |||||||||||||||
| 1195 | 63066 | 63066-40 | X | 2061 | 59929 | 59929-114 | X | |||||||||||||||
| 1196 | 63066 | 63066-28 | X | 2062 | 59929 | 59929-35 | X | |||||||||||||||
| 1197 | 63066 | 63066-23 | X | 2063 | 59929 | 59929-25 | X | |||||||||||||||
| 1198 | 63066 | 63066-38 | X | 2064 | 59929 | 59929-119 | X | |||||||||||||||
| 1199 | 63066 | 63066-34 | X | 2065 | 59929 | 59929-71 | X | |||||||||||||||
| 1200 | 63066 | 63066-16 | X | 2066 | 59929 | 59929-66 | X | |||||||||||||||
| 1201 | 63066 | 63066-45 | X | 2067 | 59929 | 59929-49 | X | |||||||||||||||
| 1202 | 63066 | 63066-11 | X | 2068 | 59929 | 59929-96 | X | |||||||||||||||
| 1203 | 63066 | 63066-24 | X | 2069 | 59929 | 59929-43 | X | |||||||||||||||
| 1204 | 63066 | 63066-49 | X | 2070 | 59929 | 59929-3 | X | |||||||||||||||
| 1205 | 63066 | 63066-29 | X | 2071 | 59929 | 59929-63 | X | |||||||||||||||
| 1206 | 63066 | 63066-31 | X | 2072 | 59929 | 59929-97 | X | |||||||||||||||
| 1207 | 63066 | 63066-9 | X | 2073 | 59929 | 59929-73 | X | |||||||||||||||
| 1208 | 63117 | 63117-19 | X | 2074 | 59929 | 59929-18 | X | |||||||||||||||
| 1209 | 63117 | 63117-5 | X | 2075 | 59929 | 59929-106 | X | |||||||||||||||
| 1210 | 63117 | 63117-15 | X | 2076 | 59929 | 59929-98 | X | |||||||||||||||
| 1211 | 63117 | 63117-1 | X | 2077 | 59929 | 59929-47 | X | |||||||||||||||
| 1212 | 63117 | 63117-9 | X | 2078 | 59929 | 59929-6 | X | |||||||||||||||
| 1213 | 63175 | 63175-2 | X | 2079 | 59929 | 59929-22 | X | |||||||||||||||
| 1214 | 63175 | 63175-9 | X | 2080 | 59929 | 59929-110 | X | |||||||||||||||
| 1215 | 63175 | 63175-5 | X | 2081 | 59929 | 59929-85 | X | |||||||||||||||
| 1216 | 63243 | 63243-1 | X | 2082 | 59929 | 59929-11 | X | |||||||||||||||
| 1217 | 63243 | 63243-5 | X | 2083 | 59929 | 59929-78 | X | |||||||||||||||
| 1218 | 63243 | 63243-16 | X | 2084 | 59929 | 59929-55 | X | |||||||||||||||
| 1219 | 63243 | 63243-10 | X | 2085 | 59984 | 59984-6 | X | |||||||||||||||
| 1220 | 63243 | 63243-12 | X | 2086 | 59984 | 59984-2 | X | |||||||||||||||
| 1221 | 63384 | 63384-3 | X | 2087 | 59984 | 59984-14 | X | |||||||||||||||
| 1222 | 63384 | 63384-4 | X | 2088 | 59984 | 59984-18 | X | |||||||||||||||
| 1223 | 63384 | 63384-2 | X | 2089 | 59984 | 59984-11 | X | |||||||||||||||
| 1224 | 63384 | 63384-7 | X | 2090 | 59984 | 59984-10 | X | |||||||||||||||
| 2001 | 49261 | 49261-2 | X | 2091 | 59984 | 59984-20 | X | |||||||||||||||
| 2002 | 49261 | 49261-3 | X | 2092 | 60144 | 60144-9 | X | |||||||||||||||
| 2003 | 49261 | 49261-1 | X | 2093 | 60144 | 60144-14 | X | |||||||||||||||
| 2004 | 53451 | 53451-1 | X | 2094 | 60144 | 60144-5 | X | |||||||||||||||
| 2005 | 54072 | 54072-1 | X | 2095 | 60144 | 60144-7 | X | |||||||||||||||
| 2006 | 58113 | 58113-15 | X | 2096 | 60574 | 60574-1 | X | |||||||||||||||
| 2007 | 58113 | 58113-31 | X | 2097 | 60706 | 60706-1 | X | |||||||||||||||
| 2008 | 58113 | 58113-41 | X | 2098 | 60706 | 60706-3 | X | |||||||||||||||
| 2009 | 58113 | 58113-34 | X | 2099 | 60785 | 60785-20 | X | |||||||||||||||
| 2010 | 58113 | 58113-22 | X | 2100 | 60785 | 60785-27 | X | |||||||||||||||
| 2011 | 58113 | 58113-25 | X | 2101 | 60785 | 60785-33 | X | |||||||||||||||
| 2012 | 58113 | 58113-53 | X | 2102 | 60785 | 60785-35 | X | |||||||||||||||
| 2013 | 58113 | 58113-16 | X | 2103 | 60785 | 60785-4 | X | |||||||||||||||
| 2014 | 58113 | 58113-32 | X | 2104 | 60785 | 60785-12 | X | |||||||||||||||
| 2015 | 58113 | 58113-33 | X | 2105 | 60785 | 60785-30 | X | |||||||||||||||
| 2016 | 58113 | 58113-24 | X | 2106 | 60785 | 60785-10 | X | |||||||||||||||
| 2017 | 58113 | 58113-50 | X | 2107 | 60785 | 60785-36 | X | |||||||||||||||
| 2018 | 58113 | 58113-51 | X | 2108 | 60785 | 60785-22 | X | |||||||||||||||
| 2019 | 58113 | 58113-5 | X | 2109 | 60785 | 60785-34 | X | |||||||||||||||
| 2020 | 58113 | 58113-10 | X | 2110 | 60785 | 60785-31 | X | |||||||||||||||
| 2021 | 58975 | 58975-2 | X | 2111 | 60803 | 60803-31 | X | |||||||||||||||
| 2022 | 58975 | 58975-3 | X | 2112 | 60803 | 60803-7 | X | |||||||||||||||
| 2023 | 58975 | 58975-8 | X | 2113 | 60803 | 60803-18 | X | |||||||||||||||
| 2024 | 58975 | 58975-1 | X | 2114 | 60803 | 60803-32 | X | |||||||||||||||
| 2025 | 58975 | 58975-6 | X | 2115 | 60803 | 60803-24 | X | |||||||||||||||
| 2026 | 58975 | 58975-4 | X | 2116 | 60803 | 60803-12 | X | |||||||||||||||
| 2027 | 58975 | 58975-7 | X | 2117 | 60803 | 60803-21 | X | |||||||||||||||
| 2028 | 59040 | 59040-8 | X | 2118 | 60803 | 60803-22 | X | |||||||||||||||
| 2029 | 59040 | 59040-2 | X | 2119 | 60803 | 60803-15 | X | |||||||||||||||
| 2030 | 59040 | 59040-12 | X | 2120 | 60803 | 60803-10 | X | |||||||||||||||
| 2031 | 59040 | 59040-10 | X | 2121 | 60803 | 60803-23 | X | |||||||||||||||
| 2032 | 59594 | 59594-18 | X | 2122 | 60803 | 60803-9 | X | |||||||||||||||
| 2033 | 59594 | 59594-4 | X | 2123 | 60803 | 60803-26 | X | |||||||||||||||
| 2034 | 59594 | 59594-8 | X | 2124 | 60803 | 60803-6 | X | |||||||||||||||
| 2035 | 59594 | 59594-15 | X | 2125 | 60803 | 60803-29 | X | |||||||||||||||
| 2036 | 59594 | 59594-11 | X | 2126 | 60803 | 60803-20 | X | |||||||||||||||
| 2037 | 59594 | 59594-23 | X | 2127 | 60803 | 60803-16 | X | |||||||||||||||
| 2038 | 59594 | 59594-3 | X | 2128 | 60927 | 60927-5 | X | |||||||||||||||
| 2039 | 59601 | 59601-4 | X | 2129 | 60927 | 60927-1 | X | |||||||||||||||
| 2040 | 59601 | 59601-2 | X | 2130 | 60927 | 60927-2 | X | |||||||||||||||
| 2041 | 59601 | 59601-3 | X | 2131 | 60927 | 60927-4 | X | |||||||||||||||
| 2042 | 59601 | 59601-1 | X | 2132 | 60927 | 60927-3 | X | |||||||||||||||
| 2043 | 59725 | 59725-21 | X | 2133 | 60971 | 60971-9 | X | |||||||||||||||
| 2044 | 59725 | 59725-23 | X | 2134 | 60971 | 60971-6 | X | |||||||||||||||
| 2045 | 59725 | 59725-24 | X | 2135 | 60971 | 60971-7 | X | |||||||||||||||
| 2046 | 59725 | 59725-32 | X | 2136 | 60971 | 60971-1 | X |
Exhibit 1 to Attachment A
Page 3 of 3
| Sample Property Number |
Loan ID | Property ID | Sample Properties 1 |
Sample Properties 2 | Removed Sample Properties |
Sample Property Number |
Loan ID | Property ID | Sample Properties 1 |
Sample Properties 2 |
Removed Sample Properties | |||||||||||
| 2137 | 60971 | 60971-5 | X | 2217 | 61562 | 61562-152 | X | |||||||||||||||
| 2138 | 60971 | 60971-2 | X | 2218 | 61562 | 61562-49 | X | |||||||||||||||
| 2139 | 60971 | 60971-8 | X | 2219 | 61562 | 61562-91 | X | |||||||||||||||
| 2140 | 60971 | 60971-4 | X | 2220 | 61562 | 61562-115 | X | |||||||||||||||
| 2141 | 60971 | 60971-11 | X | 2221 | 61562 | 61562-89 | X | |||||||||||||||
| 2142 | 60971 | 60971-3 | X | 2222 | 61562 | 61562-72 | X | |||||||||||||||
| 2143 | 60971 | 60971-10 | X | 2223 | 61562 | 61562-105 | X | |||||||||||||||
| 2144 | 60999 | 60999-24 | X | 2224 | 61562 | 61562-110 | X | |||||||||||||||
| 2145 | 60999 | 60999-4 | X | 2225 | 61562 | 61562-31 | X | |||||||||||||||
| 2146 | 60999 | 60999-5 | X | 2226 | 61562 | 61562-101 | X | |||||||||||||||
| 2147 | 60999 | 60999-15 | X | 2227 | 61562 | 61562-147 | X | |||||||||||||||
| 2148 | 60999 | 60999-19 | X | 2228 | 61562 | 61562-79 | X | |||||||||||||||
| 2149 | 60999 | 60999-8 | X | 2229 | 61567 | 61567-16 | X | |||||||||||||||
| 2150 | 60999 | 60999-21 | X | 2230 | 61567 | 61567-10 | X | |||||||||||||||
| 2151 | 61026 | 61026-41 | X | 2231 | 61567 | 61567-18 | X | |||||||||||||||
| 2152 | 61026 | 61026-13 | X | 2232 | 61567 | 61567-2 | X | |||||||||||||||
| 2153 | 61026 | 61026-45 | X | 2233 | 61567 | 61567-5 | X | |||||||||||||||
| 2154 | 61026 | 61026-44 | X | 2234 | 61567 | 61567-13 | X | |||||||||||||||
| 2155 | 61026 | 61026-26 | X | 2235 | 61567 | 61567-11 | X | |||||||||||||||
| 2156 | 61026 | 61026-22 | X | 2236 | 61567 | 61567-8 | X | |||||||||||||||
| 2157 | 61026 | 61026-33 | X | 2237 | 61629 | 61629-88 | X | |||||||||||||||
| 2158 | 61026 | 61026-27 | X | 2238 | 61629 | 61629-30 | X | |||||||||||||||
| 2159 | 61026 | 61026-40 | X | 2239 | 61629 | 61629-82 | X | |||||||||||||||
| 2160 | 61026 | 61026-42 | X | 2240 | 61629 | 61629-55 | X | |||||||||||||||
| 2161 | 61026 | 61026-46 | X | 2241 | 61629 | 61629-90 | X | |||||||||||||||
| 2162 | 61026 | 61026-32 | X | 2242 | 61629 | 61629-20 | X | |||||||||||||||
| 2163 | 61026 | 61026-30 | X | 2243 | 61629 | 61629-96 | X | |||||||||||||||
| 2164 | 61091 | 61091-7 | X | 2244 | 61629 | 61629-94 | X | |||||||||||||||
| 2165 | 61091 | 61091-1 | X | 2245 | 61629 | 61629-27 | X | |||||||||||||||
| 2166 | 61091 | 61091-8 | X | 2246 | 61629 | 61629-47 | X | |||||||||||||||
| 2167 | 61091 | 61091-13 | X | 2247 | 61629 | 61629-98 | X | |||||||||||||||
| 2168 | 61091 | 61091-4 | X | 2248 | 61629 | 61629-64 | X | |||||||||||||||
| 2169 | 61091 | 61091-6 | X | 2249 | 61629 | 61629-78 | X | |||||||||||||||
| 2170 | 61091 | 61091-11 | X | X | 2250 | 61629 | 61629-18 | X | ||||||||||||||
| 2171 | 61091 | 61091-15 | X | 2251 | 61629 | 61629-6 | X | |||||||||||||||
| 2172 | 61307 | 61307-18 | X | 2252 | 61629 | 61629-60 | X | |||||||||||||||
| 2173 | 61307 | 61307-4 | X | 2253 | 61629 | 61629-50 | X | |||||||||||||||
| 2174 | 61307 | 61307-15 | X | 2254 | 61629 | 61629-45 | X | |||||||||||||||
| 2175 | 61307 | 61307-2 | X | 2255 | 61629 | 61629-11 | X | |||||||||||||||
| 2176 | 61307 | 61307-11 | X | 2256 | 61629 | 61629-72 | X | |||||||||||||||
| 2177 | 61307 | 61307-14 | X | 2257 | 61629 | 61629-34 | X | |||||||||||||||
| 2178 | 61307 | 61307-12 | X | 2258 | 61629 | 61629-87 | X | |||||||||||||||
| 2179 | 61307 | 61307-8 | X | 2259 | 61629 | 61629-75 | X | |||||||||||||||
| 2180 | 61307 | 61307-19 | X | 2260 | 61629 | 61629-66 | X | |||||||||||||||
| 2181 | 61307 | 61307-7 | X | 2261 | 61629 | 61629-69 | X | |||||||||||||||
| 2182 | 61316 | 61316-1 | X | 2262 | 61629 | 61629-33 | X | |||||||||||||||
| 2183 | 61316 | 61316-6 | X | 2263 | 61836 | 61836-13 | X | |||||||||||||||
| 2184 | 61316 | 61316-8 | X | 2264 | 61836 | 61836-9 | X | |||||||||||||||
| 2185 | 61453 | 61453-10 | X | 2265 | 61836 | 61836-14 | X | |||||||||||||||
| 2186 | 61453 | 61453-7 | X | 2266 | 61836 | 61836-22 | X | |||||||||||||||
| 2187 | 61453 | 61453-9 | X | 2267 | 61836 | 61836-15 | X | |||||||||||||||
| 2188 | 61562 | 61562-29 | X | 2268 | 61836 | 61836-20 | X | |||||||||||||||
| 2189 | 61562 | 61562-144 | X | 2269 | 61836 | 61836-21 | X | |||||||||||||||
| 2190 | 61562 | 61562-111 | X | 2270 | 61836 | 61836-4 | X | |||||||||||||||
| 2191 | 61562 | 61562-77 | X | 2271 | 61836 | 61836-3 | X | |||||||||||||||
| 2192 | 61562 | 61562-60 | X | 2272 | 61990 | 61990-16 | X | |||||||||||||||
| 2193 | 61562 | 61562-94 | X | 2273 | 61990 | 61990-6 | X | |||||||||||||||
| 2194 | 61562 | 61562-151 | X | 2274 | 61990 | 61990-35 | X | |||||||||||||||
| 2195 | 61562 | 61562-75 | X | 2275 | 61990 | 61990-39 | X | |||||||||||||||
| 2196 | 61562 | 61562-146 | X | 2276 | 61990 | 61990-22 | X | |||||||||||||||
| 2197 | 61562 | 61562-21 | X | 2277 | 61990 | 61990-1 | X | |||||||||||||||
| 2198 | 61562 | 61562-14 | X | 2278 | 61990 | 61990-26 | X | |||||||||||||||
| 2199 | 61562 | 61562-120 | X | 2279 | 61990 | 61990-51 | X | |||||||||||||||
| 2200 | 61562 | 61562-65 | X | 2280 | 61990 | 61990-15 | X | |||||||||||||||
| 2201 | 61562 | 61562-106 | X | 2281 | 61990 | 61990-27 | X | |||||||||||||||
| 2202 | 61562 | 61562-81 | X | 2282 | 61990 | 61990-43 | X | |||||||||||||||
| 2203 | 61562 | 61562-100 | X | 2283 | 61990 | 61990-17 | X | |||||||||||||||
| 2204 | 61562 | 61562-16 | X | 2284 | 61990 | 61990-30 | X | |||||||||||||||
| 2205 | 61562 | 61562-82 | X | 2285 | 61990 | 61990-40 | X | |||||||||||||||
| 2206 | 61562 | 61562-145 | X | 2286 | 61990 | 61990-7 | X | |||||||||||||||
| 2207 | 61562 | 61562-76 | X | 2287 | 62039 | 62039-12 | X | |||||||||||||||
| 2208 | 61562 | 61562-10 | X | 2288 | 62039 | 62039-11 | X | |||||||||||||||
| 2209 | 61562 | 61562-95 | X | 2289 | 62039 | 62039-7 | X | |||||||||||||||
| 2210 | 61562 | 61562-46 | X | 2290 | 62039 | 62039-3 | X | |||||||||||||||
| 2211 | 61562 | 61562-44 | X | 2291 | 62039 | 62039-15 | X | |||||||||||||||
| 2212 | 61562 | 61562-18 | X | 2292 | 62039 | 62039-2 | X | |||||||||||||||
| 2213 | 61562 | 61562-84 | X | 2293 | 62039 | 62039-18 | X | |||||||||||||||
| 2214 | 61562 | 61562-56 | X | 2294 | 62039 | 62039-10 | X | |||||||||||||||
| 2215 | 61562 | 61562-19 | X | 2295 | 62039 | 62039-1 | X | |||||||||||||||
| 2216 | 61562 | 61562-109 | X |
| Exhibit 2 to Attachment A Page 1 of 2 |
Property Sampling Schedule
| Mortgage Loan Population | Loan ID provided by CoreVest |
| Preliminary Mortgage Loans 1 | 60870 |
| 59945 | |
| 61228 | |
| 62089 | |
| 60118 | |
| 62028 | |
| 61231 | |
| 61329 | |
| 62278 | |
| 60140 | |
| 60841 | |
| 60018 | |
| 61184 | |
| 62169 | |
| 62363 | |
| 62181 | |
| 62501 | |
| 62997 | |
| 63384 | |
| 63117 | |
| 62937 | |
| 63243 | |
| 63066 | |
| 61780 | |
| 62547 | |
| 63175 | |
| Preliminary Mortgage Loans 2 | 49261 |
| 53451 | |
| 54072 | |
| 58975 | |
| 59040 | |
| 60574 | |
| 59601 | |
| 60785 | |
| 60803 | |
| 59725 | |
| 59984 | |
| 61316 | |
| 59929 | |
| 60144 |
| Exhibit 2 to Attachment A Page 2 of 2 |
| Mortgage Loan Population | Loan ID provided by CoreVest |
| Preliminary Mortgage Loans 2 (continued) | 61026 |
| 60706 | |
| 60999 | |
| 61091 | |
| 61307 | |
| 58113 | |
| 60927 | |
| 61562 | |
| 61629 | |
| 61836 | |
| 62039 | |
| 60971 | |
| 61453 | |
| 61567 | |
| 61990 | |
| 59594 |
| Exhibit 3 to Attachment A Page 1 of 4 |
Base Property Sample Characteristics and Property Source Documents
| Base Property Sample Characteristic | Property Source Document(s) | Notes | ||
| Address (Street) | Appraisal or BPO | 1., 2., 3. | ||
| City | Appraisal or BPO | 1., 2. | ||
| Cut-Off Date Valuation Date | Appraisal or BPO | 1., 2. | ||
| Cut-Off Date Valuation Type | Appraisal or BPO | 1., 2., 4. | ||
| Cut-Off Date Value |
(a) Appraisal or BPO or (b) Appraisal and recalculation |
1., 2. | ||
| Number of Bedrooms |
(a) Appraisal, BPO or Building and Unit Description Report or (b) Appraisal or BPO and recalculation |
1., 2., 5. | ||
| Number of Bathrooms |
(a) Appraisal, BPO or Building and Unit Description Report or (b) Appraisal or BPO and recalculation |
1., 2., 6. | ||
| Number of Units | Appraisal or BPO | 1., 2. | ||
| Property Type | Appraisal or BPO | 1., 2., 7. | ||
| State | Appraisal or BPO | 1., 2. | ||
| Swimming Pool (Y/N) | Appraisal or BPO | 1., 2., 8. | ||
| Total SF |
(a) Appraisal, BPO or Building and Unit Description Report or (b) Appraisal or BPO and recalculation |
1., 2., 9. | ||
| Year Built |
(a) Appraisal or BPO or (b) Appraisal or BPO and recalculation |
1., 2., 10. | ||
| Zip Code | Appraisal or BPO | 1., 2., 11. |
Notes:
| 1. | For certain Sample Properties for which CoreVest, on behalf of the Depositor, provided more than one Appraisal and/or BPO Property Source Document, CoreVest, on behalf of the Depositor, instructed us to use the Appraisal and/or BPO Property Source Document with the most recent valuation date. |
| 2. | With respect to certain Sample Properties, the applicable Property Source Document contains conflicting information relating to certain Base Property Sample Characteristics. For such Sample Properties, CoreVest, on behalf of the Depositor, instructed us to note agreement if the information on the Property Data File for a Base Property Sample Characteristic agreed with any of the information on the corresponding Property Source Document which relates to such Base Property Sample Characteristic. We performed no procedures to reconcile any conflicting information which exists on the Property Source Documents for any of the Base Property Sample Characteristics. |
| Exhibit 3 to Attachment A Page 2 of 4 |
2. (continued)
Additionally, if more than one Property Source Document is listed for a Base Property Sample Characteristic, CoreVest, on behalf of the Depositor, instructed us to note agreement if the value on the Property Data File for the Base Property Sample Characteristic agreed with the corresponding information on at least one of the Property Source Documents that are listed for such Base Property Sample Characteristic. We performed no procedures to reconcile any conflicting information that may exist between various Property Source Documents for any of the Base Property Sample Characteristics.
| 3. | For the purpose of comparing the “Address (Street)” Base Property Sample Characteristic, CoreVest, on behalf of the Depositor, instructed us to ignore differences that are due to truncation, abbreviation or punctuation. |
| 4. | CoreVest, on behalf of the Depositor, indicated that the three possible values for the “Cut-Off Date Valuation Type” Base Property Sample Characteristic are “Appraisal,” “Exterior Appraisal” and “Interior Appraisal.” For the purpose of comparing the “Cut-Off Date Valuation Type” Base Property Sample Characteristic for each Sample Property where the applicable Property Source Document did not specifically state “Appraisal,” “Exterior Appraisal” or “Interior Appraisal,” CoreVest, on behalf of the Depositor, instructed us to use “Exterior Appraisal.” |
| 5. | For the purpose of comparing the “Number of Bedrooms” Base Property Sample Characteristic, CoreVest, on behalf of the Depositor, provided the following instructions: |
| a. | For each Sample Property with the “Number of Units” value equal to 1, as shown on the Property Data File, compare the “Number of Bedrooms,” as shown on the Property Data File, to the corresponding information in the applicable Property Source Document and |
| b. | For each Sample Property with the “Number of Units” value greater than 1, as shown on the Property Data File: |
| i. | Recalculate the “Number of Bedrooms” for the Sample Property as the sum of the “Number of Bedrooms” for all units corresponding to such Sample Property, as shown on the Property Data File, and |
| ii. | Compare the result of i. above to the corresponding information in the applicable Property Source Document. |
| Exhibit 3 to Attachment A Page 3 of 4 |
| 6. | For the purpose of comparing the “Number of Bathrooms” Base Property Sample Characteristic, CoreVest, on behalf of the Depositor, provided the following instructions: |
| a. | For each Sample Property with the “Number of Units” value equal to 1, as shown on the Property Data File, compare the “Number of Bathrooms,” as shown on the Property Data File, to the corresponding information in the applicable Property Source Document and |
| b. | For each Sample Property with the “Number of Units” value greater than 1, as shown on the Property Data File: |
| i. | Recalculate the “Number of Bathrooms” for the Sample Property as the sum of the “Number of Bathrooms” for all units corresponding to such Sample Property, as shown on the Property Data File, and |
| ii. | Compare the result of i. above to the corresponding information in the applicable Property Source Document. |
| 7. | For the purpose of comparing the “Property Type” Base Property Sample Characteristic for each Sample Property with an attached unit or a semi-attached unit with a design style of “row house,” “colonial,” “duplex” or “twin,” as shown in the applicable Property Source Document, CoreVest, on behalf of the Depositor, instructed us to use “townhome.” |
| 8. | For the purpose of comparing the “Swimming Pool (Y/N)” Base Property Sample Characteristic for each Sample Property for which the applicable Property Source Document did not specifically state if the Sample Property has a swimming pool, CoreVest, on behalf of the Depositor, instructed us to use “N.” |
| 9. | For the purpose of comparing the “Total SF” Base Property Sample Characteristic for each Sample Property, CoreVest, on behalf of the Depositor, provided the following instructions: |
| a. | For each Sample Property with the “Number of Units” value equal to 1, as shown on the Property Data File, compare the “Total SF,” as shown on the Property Data File, to the corresponding information in the applicable Property Source Document and |
| b. | For each Sample Property with the “Number of Units” value greater than 1, as shown on the Property Data File: |
| i. | Recalculate the “Total SF” for the Sample Property as the sum of the “Total SF” for all units corresponding to such Sample Property, as shown on the Property Data File, and |
| ii. | Compare the result of i. above to the corresponding information in the applicable Property Source Document. |
| 10. | For the purpose of comparing the “Year Built” Base Property Sample Characteristic for each Sample Property for which the applicable Property Source Document did not specifically state the year built, CoreVest, on behalf of the Depositor, instructed us to recalculate the “Year Built” of each Sample Property by subtracting the property age (in years), as shown in the applicable Property Source Document, from the year of the “Cut-Off Date Valuation Date,” as shown on the Property Data File. |
| Exhibit 3 to Attachment A Page 4 of 4 |
| 11. | For the purpose of comparing the “Zip Code” Base Property Sample Characteristic for each Sample Property, CoreVest, on behalf of the Depositor, instructed us to compare only the first five digits of the property zip code, as shown in the applicable Property Source Document. |
We performed no procedures to determine the appropriateness, accuracy, completeness or reasonableness of the instructions, assumptions and methodologies provided by CoreVest, on behalf of the Depositor, that are described in the notes above.
| Exhibit 4 to Attachment A Page 1 of 13 |
Sample Property Base Property Sample Characteristic Differences
| Sample Property Number |
Base
Property Sample Characteristic |
Preliminary
Property Data File Value |
Property Source Document Value | |||
| 1001 | Number of Bathrooms | 57.1 | 57.5 | |||
| 1001 | Address (Street) | [Redacted] | [Redacted] | |||
| 1007 | Number of Bathrooms | 2.2 | 3 | |||
| 1012 | Zip Code | 93535-1735 | 93535 | |||
| 1012 | Number of Bathrooms | 2.1 | 2.5 | |||
| 1013 | Zip Code | 93535-4869 | 93535 | |||
| 1013 | Number of Bathrooms | 2.1 | 2.5 | |||
| 1014 | Cut-Off Date Valuation Date | 1/15/2026 | 12/10/2025 | |||
| 1014 | Number of Bathrooms | 28.6 | 39 | |||
| 1018 | Number of Bathrooms | 1.1 | 1.5 | |||
| 1019 | Property Type | SFR | Townhome | |||
| 1020 | Property Type | SFR | Townhome | |||
| 1021 | Total SF | 3632 | 3784 | |||
| 1021 | Address (Street) | [Redacted] | [Redacted] | |||
| 1022 | Total SF | 2684 | 2428 | |||
| 1023 | Total SF | 2752 | 2684 | |||
| 1024 | Address (Street) | [Redacted] | [Redacted] | |||
| 1024 | Total SF | 2752 | 2364 | |||
| 1025 | Total SF | 3632 | 3784 |
| Exhibit 4 to Attachment A Page 2 of 13 |
| Sample Property Number |
Base
Property Sample Characteristic |
Preliminary
Property Data File Value |
Property Source Document Value | |||
| 1025 | Address (Street) | [Redacted] | [Redacted] | |||
| 1026 | Total SF | 2364 | 2416 | |||
| 1027 | Number of Bathrooms | 4.2 | 5 | |||
| 1027 | Total SF | 3024 | 2945 | |||
| 1027 | Address (Street) | [Redacted] | [Redacted] | |||
| 1028 | Total SF | 3632 | 3784 | |||
| 1028 | Address (Street) | [Redacted] | [Redacted] | |||
| 1029 | Total SF | 2364 | 2428 | |||
| 1030 | Number of Bathrooms | 4 | 5 | |||
| 1030 | Total SF | 3024 | 3632 | |||
| 1032 | Address (Street) | [Redacted] | [Redacted] | |||
| 1036 | Number Bedrooms | 3 | 2 | |||
| 1036 | Number of Bathrooms | 1.1 | 1.5 | |||
| 1040 | Number Bedrooms | 4 | 2 | |||
| 1046 | Number of Bathrooms | 1.1 | 1.5 | |||
| 1055 | Address (Street) | [Redacted] | [Redacted] | |||
| 1056 | Address (Street) | [Redacted] | [Redacted] | |||
| 1057 | Number of Units | 6 | 5 | |||
| 1057 | Number of Bathrooms | 5 | 6 | |||
| 1057 | Address (Street) | [Redacted] | [Redacted] |
| Exhibit 4 to Attachment A Page 3 of 13 |
| Sample Property Number |
Base
Property Sample Characteristic |
Preliminary
Property Data File Value |
Property Source Document Value | |||
| 1059 | Address (Street) | [Redacted] | [Redacted] | |||
| 1060 | Property Type | SFR | Townhome | |||
| 1061 | Property Type | SFR | Townhome | |||
| 1062 | Number of Bathrooms | 36.6 | 43 | |||
| 1064 | Number of Bathrooms | 2.2 | 3 | |||
| 1067 | Number of Bathrooms | 10.7 | 13.5 | |||
| 1069 | Total SF | 21230 | 20018 | |||
| 1070 | Number of Bathrooms | 3.5 | 2.5 | |||
| 1072 | Number of Bathrooms | 20.4 | 22 | |||
| 1074 | Number of Bathrooms | 29.5 | 35.5 | |||
| 1077 | Total SF | 13660 | 13656 | |||
| 1079 | Address (Street) | [Redacted] | [Redacted] | |||
| 1079 | Total SF | 3776 | 1888 | |||
| 1079 | Number Bedrooms | 8 | 4 | |||
| 1079 | Number of Bathrooms | 4 | 2 | |||
| 1080 | Address (Street) | [Redacted] | [Redacted] | |||
| 1083 | Property Type | SFR | 2-4 Unit | |||
| 1088 | Cut-Off Date Valuation Type | Appraisal | Exterior Appraisal | |||
| 1091 | Zip Code | 30241-2332 | 30241 | |||
| 1100 | Address (Street) | [Redacted] | [Redacted] | |||
| 1101 | Address (Street) | [Redacted] | [Redacted] |
| Exhibit 4 to Attachment A Page 4 of 13 |
| Sample Property Number |
Base
Property Sample Characteristic |
Preliminary
Property Data File Value |
Property Source Document Value | |||
| 1102 | Number of Bathrooms | 1.1 | 1.5 | |||
| 1111 | Address (Street) | [Redacted] | [Redacted] | |||
| 1113 | Address (Street) | [Redacted] | [Redacted] | |||
| 1121 | Total SF | 1932 | 1920 | |||
| 1131 | Address (Street) | [Redacted] | [Redacted] | |||
| 1131 | City | Canton | Akron | |||
| 1132 | Swimming Pool (Y/N) | Y | N | |||
| 1132 | Total SF | 4050 | 4350 | |||
| 1134 | Total SF | 1585 | 1634 | |||
| 1135 | Number of Bathrooms | 1.1 | 1.5 | |||
| 1136 | Total SF | 1637 | 1659 | |||
| 1140 | Address (Street) | [Redacted] | [Redacted] | |||
| 1140 | Zip Code | 44305-3210 | 44305 | |||
| 1140 | Total SF | 3096 | 3216 | |||
| 1140 | Number Bedrooms | 7 | 8 | |||
| 1142 | Zip Code | 44311-1616 | 44311 | |||
| 1143 | Address (Street) | [Redacted] | [Redacted] | |||
| 1145 | Address (Street) | [Redacted] | [Redacted] | |||
| 1145 | Number Bedrooms | 12 | 13 | |||
| 1145 | Total SF | 4852 | 5384 | |||
| 1152 | Total SF | 3509 | 4112 | |||
| 1152 | Number of Bathrooms | 4.1 | 4.5 | |||
| Exhibit 4 to Attachment A Page 5 of 13 |
| Sample Property Number |
Base
Property Sample Characteristic |
Preliminary
Property Data File Value |
Property Source Document Value |
| 1154 | Swimming Pool (Y/N) | Y | N | |||
| 1156 | Zip Code | 44306-2309 | 44306 | |||
| 1156 | Number of Bathrooms | 1.1 | 1.5 | |||
| 1160 | Zip Code | 44305-2448 | 44305 | |||
| 1160 | Total SF | 1958 | 1927 | |||
| 1160 | Number Bedrooms | 4 | 5 | |||
| 1162 | Total SF | 1346 | 1427 | |||
| 1162 | Cut-Off Date Valuation Date | 03/27/2026 | 04/14/2026 | |||
| 1163 | Year Built | 2024 | 2024-2025 | |||
| 1164 | Year Built | 2024 | 2024-2025 | |||
| 1165 | Year Built | 2024 | 2024-2025 | |||
| 1166 | Year Built | 2024 | 2024-2025 | |||
| 1167 | Year Built | 2024 | 2024-2025 | |||
| 1168 | Year Built | 2025 | 2024-2025 | |||
| 1169 | Year Built | 2025 | 2024-2025 | |||
| 1169 | Number Bedrooms | 4 | 3 | |||
| 1170 | Year Built | 2024 | 2024-2025 | |||
| 1171 | Year Built | 2025 | 2024-2025 | |||
| 1172 | Year Built | 2025 | 2024-2025 | |||
| Exhibit 4 to Attachment A Page 6 of 13 |
| Sample Property Number |
Base
Property Sample Characteristic |
Preliminary
Property Data File Value |
Property Source Document Value |
| 1173 | City | Mcallen | McAllen | |||
| 1173 | Number of Bathrooms | 2.1 | 2.5 | |||
| 1173 | Year Built | 2024 | 2024-2025 | |||
| 1174 | Year Built | 2024 | 2024-2025 | |||
| 1175 | City | Mcallen | McAllen | |||
| 1175 | Year Built | 2025 | 2024-2025 | |||
| 1176 | Year Built | 2025 | 2024-2025 | |||
| 1177 | Year Built | 2025 | 2024-2025 | |||
| 1177 | Number Bedrooms | 4 | 3 | |||
| 1178 | Year Built | 2025 | 2024-2025 | |||
| 1179 | Year Built | 2025 | 2024-2025 | |||
| 1180 | Year Built | 2025 | 2024-2025 | |||
| 1181 | Year Built | 2025 | 2024-2025 | |||
| 1181 | Number Bedrooms | 4 | 3 | |||
| 1182 | Year Built | 2025 | 2024-2025 | |||
| 1182 | Number Bedrooms | 4 | 3 | |||
| 1183 | City | Mcallen | McAllen | |||
| 1183 | Number of Bathrooms | 2.1 | 2.5 | |||
| 1183 | Year Built | 2024 | 2024-2025 | |||
| 1184 | Year Built | 2025 | 2024-2025 | |||
| 1184 | Number Bedrooms | 4 | 3 | |||
| Exhibit 4 to Attachment A Page 7 of 13 |
| Sample Property Number |
Base
Property Sample Characteristic |
Preliminary
Property Data File Value |
Property Source Document Value | |||
| 1185 | Year Built | 2024 | 2024-2025 | |||
| 1186 | Year Built | 2025 | 2024-2025 | |||
| 1187 | Year Built | 2025 | 2024-2025 | |||
| 1188 | Year Built | 2025 | 2024-2025 | |||
| 1189 | Year Built | 2024 | 2024-2025 | |||
| 1190 | Year Built | 2025 | 2024-2025 | |||
| 1191 | Year Built | 2025 | 2024-2025 | |||
| 1192 | Year Built | 2025 | 2024-2025 | |||
| 1193 | Year Built | 2025 | 2024-2025 | |||
| 1193 | Number Bedrooms | 4 | 3 | |||
| 1194 | Year Built | 2024 | 2023 | |||
| 1194 | Number of Bathrooms | 44.1 | 52.5 | |||
| 1194 | Property Type | Townhome | Multifamily | |||
| 1195 | Number of Bathrooms | 2.1 | 2.5 | |||
| 1202 | Zip Code | 38672-1034 | 38672 | |||
| 1204 | Number of Bathrooms | 2.1 | 2.5 | |||
| 1205 | Number of Bathrooms | 2.1 | 2.5 | |||
| 1207 | Number of Bathrooms | 2.1 | 2.5 | |||
| 1208 | Number of Bathrooms | 2.1 | 2.5 | |||
| 1209 | Zip Code | 37040 | 37043 | |||
| 1209 | Number of Bathrooms | 2.1 | 2.5 | |||
| Exhibit 4 to Attachment A Page 8 of 13 |
| Sample Property Number |
Base
Property Sample Characteristic |
Preliminary
Property Data File Value |
Property Source Document Value |
| 1211 | City | Woodlawn | Clarksville | |||
| 1213 | Zip Code | 64134-1458 | 64134 | |||
| 1213 | Number of Bathrooms | 1.1 | 1.5 | |||
| 1214 | Zip Code | 64134-2906 | 64134 | |||
| 1215 | Zip Code | 64134-3570 | 64134 | |||
| 1216 | City | Saint Louis | Overland | |||
| 1218 | Address (Street) | [Redacted] | [Redacted] | |||
| 1218 | City | Saint Louis | Breckenridge Hills | |||
| 1221 | City | Woodlynne | Oaklyn | |||
| 1223 | City | Salem | Elsinboro Twp | |||
| 1224 | City | Flemington | Raritan | |||
| 1224 | Number of Bathrooms | 1.1 | 1.5 | |||
| 2002 | Number Bedrooms | 20 | 19 | |||
| 2009 | Address (Street) | [Redacted] | [Redacted] | |||
| 2009 | Property Type | 2-4 Unit | SFR | |||
| 2009 | Number of Units | 2 | 1 | |||
| 2009 | Number of Bathrooms | 4 | 3 | |||
| 2009 | Cut-Off Date Value | $470,000 | $660,000 | |||
| 2009 | Cut-Off Date Valuation Date | 10/14/2025 | 12/16/2025 | |||
| 2012 | Address (Street) | [Redacted] | [Redacted] | |||
| 2012 | Total SF | 2211 | 1470 | |||
| Exhibit 4 to Attachment A Page 9 of 13 |
| Sample Property Number |
Base
Property Sample Characteristic |
Preliminary
Property Data File Value |
Property Source Document Value |
| 2012 | Number Bedrooms | 4 | 2 | |||
| 2012 | Number of Bathrooms | 3.5 | 2 | |||
| 2012 | Cut-Off Date Valuation Date | 10/16/2025 | 12/16/2025 | |||
| 2018 | Address (Street) | [Redacted] | [Redacted] | |||
| 2022 | Total SF | 512 | 1860 | |||
| 2023 | Total SF | 1197 | 2696 | |||
| 2025 | Cut-Off Date Valuation Date | 7/12/2025 | 7/21/2025 | |||
| 2039 | City | Buffalo | West Seneca | |||
| 2048 | Address (Street) | [Redacted] | [Redacted] | |||
| 2063 | Swimming Pool (Y/N) | Y | N | |||
| 2075 | Swimming Pool (Y/N) | Y | N | |||
| 2081 | Swimming Pool (Y/N) | Y | N | |||
| 2082 | Swimming Pool (Y/N) | Y | N | |||
| 2097 | Swimming Pool (Y/N) | Y | N | |||
| 2099 | Address (Street) | [Redacted] | [Redacted] | |||
| 2108 | Address (Street) | [Redacted] | [Redacted] | |||
| 2113 | Number of Units | 3 | 3 | |||
| 2116 | Address (Street) | [Redacted] | [Redacted] | |||
| 2119 | Address (Street) | [Redacted] | [Redacted] | |||
| 2124 | Address (Street) | [Redacted] | [Redacted] | |||
| 2125 | Address (Street) | [Redacted] | [Redacted] | |||
| Exhibit 4 to Attachment A Page 10 of 13 |
| Sample Property Number |
Base
Property Sample Characteristic |
Preliminary
Property Data File Value |
Property Source Document Value |
| 2127 | Address (Street) | [Redacted] | [Redacted] | |||
| 2143 | Swimming Pool (Y/N) | Y | N | |||
| 2143 | Number Bedrooms | 1 | 0 | |||
| 2148 | Address (Street) | [Redacted] | [Redacted] | |||
| 2156 | Address (Street) | [Redacted] | [Redacted] | |||
| 2170 | City | Cheektowaga | Buffalo | |||
| 2171 | Swimming Pool (Y/N) | Y | N | |||
| 2173 | Address (Street) | [Redacted] | [Redacted] | |||
| 2177 | Address (Street) | [Redacted] | [Redacted] | |||
| 2178 | Address (Street) | [Redacted] | [Redacted] | |||
| 2178 | Swimming Pool (Y/N) | Y | N | |||
| 2179 | Address (Street) | [Redacted] | [Redacted] | |||
| 2180 | Address (Street) | [Redacted] | [Redacted] | |||
| 2184 | Address (Street) | [Redacted] | [Redacted] | |||
| 2212 | Cut-Off Date Valuation Type | Appraisal | Exterior Appraisal | |||
| 2229 | Total SF | 1319 | 1341 | |||
| 2237 | Total SF | 899 | 875 | |||
| 2237 | City | Saint Louis | Overland | |||
| 2239 | Address (Street) | [Redacted] | [Redacted] | |||
| 2239 | City | St Louis | Overland | |||
| 2244 | City | St. Louis | Overland | |||
| Exhibit 4 to Attachment A Page 11 of 13 |
| Sample Property Number |
Base
Property Sample Characteristic |
Preliminary
Property Data File Value |
Property Source Document Value |
| 2247 | City | St. Louis | Overland | |||
| 2263 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2264 | Cut-Off Date Value | $297,479 | $275,000 | |||
| 2264 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2265 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2266 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2266 | Cut-Off Date Value | $297,479 | $368,000 | |||
| 2267 | Address (Street) | [Redacted] | [Redacted] | |||
| 2267 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2268 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2269 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2270 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2270 | Total SF | 2768 | 2817 | |||
| 2271 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2277 | Total SF | 2117 | 2283 | |||
| 2285 | City | South Euclid | Cleveland | |||
| 2287 | Address (Street) | [Redacted] | [Redacted] | |||
| 2287 | Cut-Off Date Value | $594,958 | $410,000 | |||
| 2287 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2288 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2288 | Cut-Off Date Value | $297,479 | $306,000 | |||
| Exhibit 4 to Attachment A Page 12 of 13 |
| Sample Property Number |
Base
Property Sample Characteristic |
Preliminary
Property Data File Value |
Property Source Document Value |
| 2289 | Address (Street) | [Redacted] | [Redacted] | |||
| 2289 | Cut-Off Date Value | $594,958 | $450,000 | |||
| 2289 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2290 | Cut-Off Date Value | $594,958 | $550,000 | |||
| 2290 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2290 | Address (Street) | [Redacted] | [Redacted] | |||
| 2291 | Address (Street) | [Redacted] | [Redacted] | |||
| 2291 | Cut-Off Date Value | $594,958 | $354,000 | |||
| 2291 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2292 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2292 | Address (Street) | [Redacted] | [Redacted] | |||
| 2293 | Cut-Off Date Value | $297,479 | $400,000 | |||
| 2293 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2294 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2294 | Cut-Off Date Value | $297,479 | $330,000 | |||
| 2295 | Address (Street) | [Redacted] | [Redacted] | |||
| 2295 | Cut-Off Date Valuation Type | Interior Appraisal | Appraisal | |||
| 2001 | Cut-Off Date Valuation Date | 3/8/2024 | 5/21/2026 | |||
| 2129 | Total SF | 18090 | 18008 | |||
| 2129 | Address (Street) | [Redacted] | [Redacted] | |||
| 2129 | City | Bonaire | <Blank> | |||
| Exhibit 4 to Attachment A Page 13 of 13 |
| Sample Property Number |
Base
Property Sample Characteristic |
Preliminary
Property Data File Value |
Property Source Document Value |
| 2129 | State | GA | <Blank> | |||
| 2129 | Zip Code | 31005 | <Blank> | |||
| 2128 | Address (Street) | [Redacted] | [Redacted] | |||
| 2128 | City | Bonaire | <Blank> | |||
| 2128 | State | GA | <Blank> | |||
| 2128 | Zip Code | 31005 | <Blank> | |||
| 2131 | Address (Street) | [Redacted] | [Redacted] | |||
| 2131 | City | Bonaire | <Blank> | |||
| 2131 | State | GA | <Blank> | |||
| 2131 | Zip Code | 31005 | <Blank> | |||
| 2132 | Address (Street) | [Redacted] | [Redacted] | |||
| 2132 | City | Bonaire | <Blank> | |||
| 2132 | State | GA | <Blank> | |||
| 2132 | Zip Code | 31005 | <Blank> | |||
| 2130 | Address (Street) | [Redacted] | [Redacted] | |||
| 2130 | City | Bonaire | <Blank> | |||
| 2130 | State | GA | <Blank> | |||
| 2130 | Zip Code | 31005 | <Blank> | |||
| Exhibit 5 to Attachment A Page 1 of 11 |
Compared Mortgage Loan Characteristics and Mortgage Loan Source Documents
Underwriting Information:
| Compared Mortgage Loan Characteristic | Mortgage Loan Source Document(s) | |
| UW Annual Rent ($) | Underwriting Summary | |
| Average Lease Term | Underwriting Summary | |
| UW Other Income ($) | Underwriting Summary | |
| UW Credit and Vacancy Loss ($) | Underwriting Summary | |
| UW Effective Gross Income ($) | Underwriting Summary | |
| UW Annual Property Management Fee ($) | Underwriting Summary | |
| UW Annual Marketing and Leasing Costs ($) | Underwriting Summary | |
| UW Repairs and Maintenance ($) | Underwriting Summary | |
| UW Annual Insurance Costs ($) | Underwriting Summary | |
| UW Annual HOA/Special Assessment Fees ($) | Underwriting Summary | |
| UW Annual Real Estate Taxes ($) | Underwriting Summary | |
| UW Annual Turnover Costs ($) | Underwriting Summary | |
| UW Annual Landscaping ($) | Underwriting Summary | |
| UW Annual Other Costs ($) | Underwriting Summary | |
| UW Annual Expenses ($) | Underwriting Summary | |
| UW Annual Net Operating Income ($) | Underwriting Summary | |
| UW Annual CapEx Reserve ($) | Underwriting Summary | |
| UW Annual Net Cash Flow ($) | Underwriting Summary | |
| Value at Origination ($) | Underwriting Summary | |
| % HOA | Underwriting Summary | |
| % Section 8 | Underwriting Summary | |
| Occupancy as of Origination | Underwriting Summary | |
| Number of Units | Underwriting Summary | |
| Number of Properties | Underwriting Summary |
Reserve and Escrow Information:
| Compared Mortgage Loan Characteristic | Mortgage Loan Source Document(s) | |
| Monthly Tax Escrow | Loan Agreement or Settlement Statement | |
| Monthly Insurance Escrow | Loan Agreement or Settlement Statement | |
| Monthly Capital Expenditure Escrow ($) | Loan Agreement, Settlement Statement, Servicer Report or Partial Release Letter | |
| Upfront Leasing Escrow ($) | Loan Agreement or Settlement Statement | |
| Monthly Leasing Escrow ($) | Loan Agreement or Settlement Statement | |
| Upfront Interest Escrow ($) | Loan Agreement or Settlement Statement | |
| Monthly Interest Escrow ($) | Loan Agreement or Settlement Statement | |
| Upfront Deferred Maintenance Escrow ($) | Loan Agreement or Settlement Statement | |
| Monthly Deferred Maintenance Escrow ($) | Loan Agreement or Settlement Statement |
| Exhibit 5 to Attachment A Page 2 of 11 |
Mortgage Loan Information:
| Compared Mortgage Loan Characteristic | Mortgage Loan Source Document(s) | |
| Rent Rolls (Y/N) | Loan Agreement | |
| Frequency of Rent Rolls | Loan Agreement | |
| Operating Statement (Y/N) | Loan Agreement | |
| Frequency of Operating Statements | Loan Agreement | |
| Loan Originator | Loan Agreement | |
| Borrower | Loan Agreement | |
| Guarantor | Guaranty Agreement | |
| Type of Guarantor (Individual or Type of Entity) | Guaranty Agreement | |
| Guarantor FICO | Credit Report | |
| Sponsor | Loan Agreement | |
| Origination Date | Promissory Note, Loan Agreement or Loan Modification Agreement | |
| Payment Date | Loan Agreement | |
| First Payment Date | Loan Agreement | |
| Initial Maturity Date | Loan Agreement | |
| Mortgage Loan Initial Funded Amount ($) | Loan Agreement or Loan Modification Agreement | |
| Monthly Debt Service ($) | Loan Agreement, Loan Modification Agreement or Loan Amortization Schedule | |
| Rate Type | Loan Agreement | |
| Interest Rate | Loan Agreement | |
| Interest Rate Accrual | Loan Agreement | |
| Amortization Type | Loan Agreement | |
| IO Term (months) | Loan Agreement | |
| Recourse (Y/N) | Guaranty Agreement | |
| Recourse to Guarantor (Full, Partial, Carve-out, None) | Guaranty Agreement | |
| Property Manager | Loan Agreement or Management Agreement | |
| Prepayment Provision | Loan Agreement or Loan Modification Agreement | |
| Original Yield Maintenance Period | Loan Agreement or Loan Modification Agreement | |
| Other Prepayment Provision | Loan Agreement | |
| Open Period | Loan Agreement or Loan Modification Agreement | |
| YM Calculation Method (PV or Int Diff) | Loan Agreement or Loan Modification Agreement | |
| Calc’d Through (Maturity or Open) | Loan Agreement or Loan Modification Agreement | |
| PV Discount Treasury Projection Term (Maturity or Open) | Loan Agreement | |
| PV Discount Treasury Compounding Type (MEY or BEY) | Loan Agreement | |
| SPE (Y/N) | Loan Agreement | |
| Independent Director (Y/N) | Loan Agreement |
| Exhibit 5 to Attachment A Page 3 of 11 |
Mortgage Loan Information: (continued)
| Compared Mortgage Loan Characteristic | Mortgage Loan Source Document(s) | |
| Substitution Permitted (Y/N) | Loan Agreement | |
| Partial Release Permitted (Y/N) | Loan Agreement | |
| Substitution Provision Description | Loan Agreement | |
| Partial Release Provisions | Loan Agreement | |
| Partial Release Premium | Loan Agreement | |
| Grace Period (Late Fee) | Loan Agreement | |
| Grace Period (Principal and Interest) | Loan Agreement | |
| Existing Secondary Financing (Y/N) | Loan Agreement | |
| Secondary Financing Amount (Existing) | Loan Agreement | |
| Secondary Financing Description | Loan Agreement | |
| Future Secondary Financing Allowed (Y/N) | Loan Agreement | |
| Future Secondary Financing Description | Loan Agreement | |
| Lockbox Type | Loan Agreement | |
| Lockbox Trigger | Loan Agreement | |
| Cash Management Type | Loan Agreement | |
| Cash Management and Cash Trap Trigger (for Springing Cash Management) and Cash Trap Trigger (for Hard Cash Management) | Loan Agreement | |
| Multiple Borrowers (Y/N) | Loan Agreement |
| Exhibit 5 to Attachment A Page 4 of 11 |
Notes:
| 1. | For any Mortgage Loan on the Preliminary Mortgage Loan Data File listed in the table below, CoreVest, on behalf of the Depositor, instructed us to use the information in the “Provided Value” column for the applicable characteristic listed in the table below, even if the information in the “Provided Value” column did not agree with the corresponding information that was shown in the applicable Mortgage Loan Source Document(s) or the applicable Mortgage Loan Source Document(s) were not provided to us. |
| Loan ID | Characteristic | Provided Value |
| 60841 | Guarantor FICO | N/A |
| 61990 | Guarantor FICO | FN |
| 61026 | Guarantor FICO | FN |
| 60927 | Guarantor FICO | FN |
| 54072 | Guarantor FICO | FN |
| 59601 | Guarantor FICO | FN |
| 61453 | Guarantor FICO | FN |
| 62937 | Value at Origination ($) | 34,600,013 |
| 61091 | Mortgage Loan Initial Funded Amount ($) | 1,673,800.21 |
| Guarantor FICO | FN | |
| Value at Origination ($) | 2,232,000 | |
| Number of Properties | 13 | |
| Number of Units | 23 | |
| Occupancy as of Origination | 95.7% |
We performed no procedures to determine the appropriateness, accuracy, completeness or reasonableness of the “Provided Value” information in the table above that was provided by CoreVest, on behalf of the Depositor.
| Exhibit 5 to Attachment A Page 5 of 11 |
| 2. | For the purpose of comparing the “Underwriting Information” Compared Mortgage Loan Characteristics that are expressed as dollar values, CoreVest, on behalf of the Depositor, instructed us to ignore differences of +/- $2.00 or less. |
| 3. | For the purpose of comparing the “% HOA” Compared Mortgage Loan Characteristic for each Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to divide: |
| a. | The total number of Mortgaged Properties that secure the Mortgage Loan which have an associated HOA fee in the “HOA” column, as shown on the underwriting summary Mortgage Loan Source Document, by |
| b. | The total number of Mortgaged Properties that secure the Mortgage Loan, as shown on the underwriting summary Mortgage Loan Source Document. |
| 4. | For the purpose of comparing the “% Section 8” Compared Mortgage Loan Characteristic for each Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to divide: |
| a. | The total number of units at the Mortgaged Properties that secure the Mortgage Loan which have “Y” or “Yes” in the “Section 8” column, as shown on the underwriting summary Mortgage Loan Source Document, by |
| b. | The total number of units at the Mortgaged Properties that secure the Mortgage Loan, as shown on the underwriting summary Mortgage Loan Source Document. |
| 5. | For the purpose of comparing the “Guarantor FICO” Compared Mortgage Loan Characteristic for each Mortgage Loan, CoreVest, on behalf of the Depositor, provided the following instructions: |
| a. | For each Mortgage Loan that has one “Guarantor,” as shown on the Preliminary Mortgage Loan Data File, use (i) the highest FICO score of the “Guarantor” if two FICO scores are listed on the credit report Mortgage Loan Source Document or (ii) the median FICO score of the “Guarantor” if three FICO scores are listed on the credit report Mortgage Loan Source Document and |
| b. | For each Mortgage Loan that has more than one “Guarantor,” as shown on the Preliminary Mortgage Loan Data File, follow the methodology described in a. above to determine the FICO score for each “Guarantor,” and use the highest resulting FICO score. |
| Exhibit 5 to Attachment A Page 6 of 11 |
| 6. | For the purpose of comparing the “First Payment Date” Compared Mortgage Loan Characteristic for each Mortgage Loan where the applicable Mortgage Loan Source Document does not define the first payment date, CoreVest, on behalf of the Depositor, instructed us to assume that the “First Payment Date” is the ninth (9th) day of the calendar month following the first full interest accrual period, as described in the applicable Mortgage Loan Source Document. |
| 7. | For the purpose of comparing the “Monthly Debt Service ($)” Compared Mortgage Loan Characteristic for each Mortgage Loan except for: |
| a. | Any Mortgage Loan (i) with an “Amortization Type” of “Amortizing Balloon” or “Interest Only, Amortizing Balloon,” as shown on the Preliminary Mortgage Loan Data File, and (ii) which does not have a stated monthly debt service amount in the applicable Mortgage Loan Source Document (each, a “Recalculated Amortizing Mortgage Loan”) and |
| b. | Any Mortgage Loan with an “Amortization Type” of “Interest Only,” as shown on the Preliminary Mortgage Loan Data File (each, an “Interest Only Mortgage Loan”), |
which are described in the succeeding paragraph(s) of this Note, CoreVest, on behalf of the Depositor, instructed us to use the stated monthly debt service amount that is shown in the applicable Mortgage Loan Source Document.
For the purpose of comparing the “Monthly Debt Service ($)” Compared Mortgage Loan Characteristic for any Recalculated Amortizing Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to recalculate the “Monthly Debt Service ($)” using the “PMT” function in Microsoft Excel and:
| a. | The “Mortgage Loan Initial Funded Amount ($),” as shown on the Preliminary Mortgage Loan Data File, |
| b. | The “Interest Rate,” as shown on the Preliminary Mortgage Loan Data File (adjusted as described in the succeeding paragraph(s) of this Note, as applicable) and |
| c. | The principal amortization period, as shown in the applicable Mortgage Loan Source Document. |
For the purpose of the “Monthly Debt Service ($)” recalculation described above for any Recalculated Amortizing Mortgage Loan which also has an “Interest Rate Accrual” of “Actual/360,” as shown on the Preliminary Mortgage Loan Data File, CoreVest, on behalf of the Depositor, instructed us to divide the “Interest Rate,” as shown on the Preliminary Mortgage Loan Data File, by twelve (12) and then multiply by a fraction equal to 365/360.
| Exhibit 5 to Attachment A Page 7 of 11 |
7. (continued)
For the purpose of comparing the “Monthly Debt Service ($)” Compared Mortgage Loan Characteristic for any Interest Only Mortgage Loan which also has an “Interest Rate Accrual” of “Actual/360,” as shown on the Preliminary Mortgage Loan Data File, CoreVest, on behalf of the Depositor, instructed us to recalculate the “Monthly Debt Service ($)” as 1/12th of the product, rounded to two decimal places, of:
| a. | The “Mortgage Loan Initial Funded Amount ($),” as shown on the Preliminary Mortgage Loan Data File, |
| b. | The “Interest Rate,” as shown on the Preliminary Mortgage Loan Data File, and |
| c. | 365/360. |
For the purpose of the “Monthly Debt Service ($)” characteristic for the Mortgage Loan identified on the Preliminary Mortgage Loan Data File as “61091” (the “61091 Mortgage Loan”), CoreVest, on behalf of the Depositor, instructed us to use “10,793.27,” as shown on the applicable loan amortization schedule Source Document.
| 8. | For the purpose of comparing the “IO Term (months)” Compared Mortgage Loan Characteristic for any Mortgage Loan with an “Amortization Type” of “Amortizing Balloon,” as shown on the Preliminary Mortgage Loan Data File (each, an “Amortizing Balloon Mortgage Loan”), CoreVest, on behalf of the Depositor, instructed us to use “N/A.” |
For the purpose of comparing the “IO Term (months)” Compared Mortgage Loan Characteristic for any Interest Only Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to use the “Original Term to Maturity (months)” (as defined herein), as shown on the Preliminary Mortgage Loan Data File.
For the purpose of comparing the “IO Term (months)” Compared Mortgage Loan Characteristic for any Mortgage Loan with an “Amortization Type” of “Interest Only, Amortizing Balloon,” as shown on the Preliminary Mortgage Loan Data File, CoreVest, on behalf of the Depositor, instructed us to use the procedures described in Note 6 to determine the “First Payment Date” to use for the purpose of determining the “IO Term (months).”
| 9. | For the purpose of comparing the: |
| a. | Prepayment Provision, |
| b. | Original Yield Maintenance Period, |
| c. | Open Period, |
| d. | YM Calculation Method (PV or Int Diff), |
| e. | Calc’d Through (Maturity or Open), |
| f. | PV Discount Treasury Projection Term (Maturity or Open) and |
| g. | PV Discount Treasury Compounding Type (MEY or BEY) |
characteristics, CoreVest, on behalf of the Depositor, instructed us to ignore any prepayment premiums, prepayments without penalty or other conditions related to partial release events, as described in the applicable Mortgage Loan Source Document.
| Exhibit 5 to Attachment A Page 8 of 11 |
| 10. | For certain Mortgage Loans, the applicable Mortgage Loan Source Document contains: |
| a. | A definition for “Par Prepayment Date,” which is shown as a certain “Payment Date” (e.g., the 114th Payment Date), |
| b. | A definition for “Payment Date,” which is defined as “with respect to each Interest Accrual Period, the ninth (9th) day of the calendar month immediately succeeding such Interest Accrual Period” and |
| c. | A definition for “Interest Accrual Period,” which is defined as “each period from and including the first day of a calendar month through and including the last day of such calendar month. Notwithstanding the foregoing, the first Interest Accrual Period shall commence on and include the Closing Date.” |
For the purpose of comparing the:
| a. | Prepayment Provision, |
| b. | Original Yield Maintenance Period and |
| c. | Open Period |
Compared Mortgage Loan Characteristics for each Mortgage Loan described in the preceding paragraph, CoreVest, on behalf of the Depositor, instructed us to assume that for the purpose of determining the “Par Prepayment Date” or payment date requirement(s) as shown on the respective prepayment schedule in the applicable Source Document(s), the first “Payment Date” is the ninth (9th) day of the calendar month which follows the calendar month in which the “Origination Date” occurs (the “Stub Payment Date”), even though:
| i. | There will not be a debt service payment made on the Stub Payment Date and |
| ii. | The “First Payment Date” of the Mortgage Loan, as shown on the Preliminary Mortgage Loan Data File, will be the ninth (9th) day of the second calendar month which follows the calendar month in which the “Origination Date” occurs. |
| Exhibit 5 to Attachment A Page 9 of 11 |
| 11. | For the purpose of comparing the “Original Yield Maintenance Period” Compared Mortgage Loan Characteristic for any Mortgage Loan that can be fully prepaid with yield maintenance, as shown in the applicable Mortgage Loan Source Document (each, a “Yield Maintenance Mortgage Loan”), CoreVest, on behalf of the Depositor, instructed us to include the number of “Payment Dates” from and including the “First Payment Date” through and including the “Initial Maturity Date” of the Yield Maintenance Mortgage Loan on which the borrower is required to remit a yield maintenance payment in connection with a voluntary prepayment of the Yield Maintenance Mortgage Loan in the “Original Yield Maintenance Period” of the Yield Maintenance Mortgage Loan (in accordance with the additional instructions provided by CoreVest, on behalf of the Depositor, which are described in Note 10, as applicable), as shown in the applicable Mortgage Loan Source Document. |
For the purpose of comparing the “Original Yield Maintenance Period” Compared Mortgage Loan Characteristic for any Mortgage Loan that is not a Yield Maintenance Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to use “N/A.”
For the purpose of comparing the “Open Period” Compared Mortgage Loan Characteristic for each Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to include the number of “Payment Dates” from and including the “First Payment Date” through and including the “Initial Maturity Date” of the Mortgage Loan on which the borrower can voluntarily prepay the Mortgage Loan without the payment of a yield maintenance payment or a prepayment premium in the “Open Period” of the Mortgage Loan (in accordance with the additional instructions provided by CoreVest, on behalf of the Depositor, which are described in Note 10, as applicable), as shown in the applicable Mortgage Loan Source Document.
| 12. | For the purpose of comparing the “Future Secondary Financing Allowed (Y/N)” Compared Mortgage Loan Characteristic for any Mortgage Loan that references a “Permitted Mezzanine Loan” in the applicable Mortgage Loan Source Document, CoreVest, on behalf of the Depositor, instructed us to: (i) assume that this “Permitted Mezzanine Loan” debt does not constitute additional debt that may be placed by the borrower on the collateral that secures the Mortgage Loan and (ii) use “N.” |
| Exhibit 5 to Attachment A Page 10 of 11 |
| 13. | For the purpose of comparing the “Lockbox Type” Compared Mortgage Loan Characteristic for each Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to use the following definitions, as applicable: |
| a. | Springing – As of the origination date of the Mortgage Loan, the borrower and/or related property manager is required to deposit any rent it receives in a rent deposit account or restricted account, as applicable. Upon the occurrence of an event of default or certain trigger events as described in the applicable Mortgage Loan Source Document, the lender requires or has the option to require the borrower to direct tenants to deposit funds directly to a lockbox account or restricted account, as applicable, |
| b. | Hard – As of the origination date of the Mortgage Loan, there is an established lockbox account controlled by the lender into which tenants are required to deposit rents directly and |
| c. | N/A – As of the origination date of the Mortgage Loan, either: |
| i. | The borrower or the related property manager is not required to deposit any rent it receives in the rent deposit account within a specified number of days of receipt, |
| ii. | The borrower or the related property manager is required to deposit any rent it receives in the rent deposit account within a specified number of days of receipt, however, there are no requirements for the borrower to direct tenants to deposit funds directly to a rent deposit account upon the occurrence of an event of default or certain trigger events as described in the applicable Mortgage Loan Source Document, or |
| iii. | The borrower of the related property manager is not required to deposit any rent it receives in the rent deposit account within a specified number of days of receipt. Upon the occurrence of an event of default or certain trigger events as described in the applicable Mortgage Loan Source Document, the lender has the option to require the borrower to direct tenants to deposit funds directly to an account designated by the lender or to such other third party as directed by the lender. |
| Exhibit 5 to Attachment A Page 11 of 11 |
| 14. | For the purpose of comparing the “Cash Management Type” Compared Mortgage Loan Characteristic for each Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to use the following definitions, as applicable: |
| a. | Springing – Prior to an event of default or certain trigger events that are described in the applicable Mortgage Loan Source Document, all cash on deposit in a rent deposit account is released periodically to the borrower. Upon the occurrence an event of default or certain trigger events that are described in the applicable Mortgage Loan Source Document, all cash on deposit in the rent deposit account will be swept to a lender controlled cash management account and will be applied in accordance with the terms of the applicable Mortgage Loan Source Document, |
| b. | Hard – As of the origination date of the Mortgage Loan, all cash on deposit in the rent deposit account is swept to a lender controlled cash management account and is applied in accordance with the terms of the applicable Mortgage Loan Source Document and |
| c. | N/A – In accordance with the terms of the applicable Mortgage Loan Source Document, no cash management account is required to be established during the term of the related Mortgage Loan. |
We performed no procedures to determine the appropriateness, accuracy, completeness or reasonableness of the instructions, assumptions and methodologies provided by CoreVest, on behalf of the Depositor, that are described in the notes above.
| Exhibit 6 to Attachment A |
Provided Mortgage Loan Characteristics
| Characteristic |
| Berkadia ID |
| Loan ID |
| Include (Y/N) |
| Closed (Y/N) |
| Tape Date |
| Updated OSAR as of Date |
| Prefunding Y/N |
| Loan Seller |
| Loan Purpose |
| Refinance Type |
| Loan |
| Next Due Date |
| Lien Position |
| Cut Off Date Value ($) |
| Guarantor Net Worth |
| Guarantor Liquidity |
| Recourse to Borrower (Full, Partial, Carve-out, None) |
| Equity Pledge (Y/N) |
| Occupancy as of Date |
| Property Manager Type |
| Rent Rolls Required as of 3/31 (Y/N) |
| Most Recent Occupancy |
| Most Recent Occupancy as of Date |
| NOI as of 3/31 |
| NCF as of 3/31 |
| Servicer |
| Servicing Fee Rate |
| Distributed Ledger Fee Rate |
| Trustee/Note Administrator Fee Rate |
| CREFC® License Fee Rate |
| Special Servicing Fee |
| Property Management Consultant Fee |
| Operating Statement Required as of 3/31 (Y/N) |
| Rank Loan Number |
| Note: | We performed no procedures to determine the appropriateness, accuracy, completeness or reasonableness of the Provided Mortgage Loan Characteristics. |