Exhibit 99.1 - Schedule 2
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| Exception Grades |
| Run Date - 6/3/2026 12:01:51 PM |
| SitusAMC Loan ID | Customer Loan ID | Seller Loan ID | Investor Loan Number | Loan Exception ID | Exception ID | Exception Date | Exception Type | Exception Category | Exception Subcategory | 15E Category | Exception | Exception Detail | Exception Information | Compensating Factors | Compensating Factor Information | Applying Party | Follow-up Comments | Cleared Date | Cured Date | Waived Date | Exception Level Grade | DBRS Initial Exception Rating | DBRS Final Exception Rating | Fitch Initial Exception Rating | Fitch Final Exception Rating | Kroll Initial Exception Rating | Kroll Final Exception Rating | Moody's Initial Exception Rating | Moody's Final Exception Rating | S&P Initial Exception Rating | S&P Final Exception Rating | Note Date | Property State | Occupancy | Purpose | Exception Remediation | Overall Initial Loan Grade |
Overall Final Loan Grade |
Credit Initial Loan Grade |
Credit Final Loan Grade |
Compliance Initial Loan Grade |
Compliance Final Loan Grade |
Property Initial Loan Grade |
Property Final Loan Grade |
Originator QM ATR Status | TPR QM ATR Status | Is Curable |
| XXX | 1993410 | XXX | XXX | XXXX | Credit | Collateral | Missing/Incorrect | Collateral | Missing tracking number for delivery of collateral file. | Buyer Comment (2024-03-05): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2024-03-01): collateral delivered[Redacted]via XXXX [Redacted] |
XXX | 1 | A | A | A | A | A | A | A | A | A | A | XXX | Primary | Refinance - Cash-out - Other | D | A | C | A | C | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| XXX | 1993410 | XXX | XXX | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. The supporting secondary valuation is missing.; Sec ID:[Redacted] | The file was missing copy of the secondary valuation required for securitization purposes. | Reviewer Comment (2024-03-04): Secondary valuation obtained Reviewer Comment (2024-02-29): Additional secondary valuation AVM ordered at the request of the client |
XXX | 1 | D | A | A | A | N/A | A | D | A | D | A | XXX | Primary | Refinance - Cash-out - Other | D | A | C | A | C | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| XXX | 1993410 | XXX | XXX | XXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | Hazard Insurance Policy expires within [Redacted] days of the Note Date. | Reviewer Comment (2024-03-07): Renewal policy provided Seller Comment (2024-03-07): HOI |
XXX | 1 | C | A | C | A | C | A | C | A | C | A | XXX | Primary | Refinance - Cash-out - Other | D | A | C | A | C | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| XXX | 1993410 | XXX | XXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [Redacted] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. | Reviewer Comment (2024-03-04): [Redacted] received earliest e-consent. Seller Comment (2024-03-01): docs [Redacted] |
XXX | 1 | C | A | C | A | C | A | C | A | C | A | XXX | Primary | Refinance - Cash-out - Other | D | A | C | A | C | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| XXX | 1993410 | XXX | XXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,514.56 exceeds tolerance of $697.00 plus 10% or $766.70. Insufficient or no cure was provided to the borrower. | [Redacted]% tolerance was exceeded by $[Redacted] due to increase of title fees. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $[Redacted], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2024-03-26): [Redacted] received corrected PCCD & LOE. Seller Comment (2024-03-25): pccd Reviewer Comment (2024-03-21): [Redacted]received rebuttal. Title fees were disclosed in Section B which are tested at [Redacted]% tolerance. Provider listed on SSPL is [Redacted]. Fees on CD were paid to [Redacted]. Appears borrower shopped for title fees. Corrected CD moving the title fees to Section C and LOE to borrower required to cure. Seller Comment (2024-03-20): There is no COC required for the inclusion of the notary fee and there is no cure required. Fee was added by the borrower's selected title company and disclosed to the borrower on the CD when the title company provided us the fees for closing. There is no testing for additional fees added by the borrower's selected title company not required by us. Reviewer Comment (2024-03-08): [Redacted] received rebuttal, however we require valid COC document for addition of title - notary fees. A valid COC with sufficient information or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. Seller Comment (2024-03-07): The [Redacted] notary fee that was added is valid as title added on [Redacted] when scheduling. I do not see the lien search fee is valid. Lump sum Lender credit applied to the final CD. All other fees in the [Redacted]% were disclosed prior to the ICD. |
XXX | 1 | C | A | C | A | C | A | C | A | C | A | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | D | A | C | A | C | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | ||||||||
| XXX | 1993410 | XXX | XXX | XXXX | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. | Buyer Comment (2024-03-05): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2024-03-01): collateral delivered [Redacted] via XXXX [Redacted] |
XXX | 1 | A | A | A | A | A | A | A | A | A | A | XXX | Primary | Refinance - Cash-out - Other | D | A | C | A | C | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| XXX | 1993662 | XXX | XXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Reviewer Comment (2023-12-06): Received Fraud Report and updated the information accordingly. Exception Cleared. |
XXX | 1 | C | A | C | A | C | A | C | A | C | A | XXX | Primary | Refinance - Cash-out - Other | D | B | C | A | B | B | D | A | Non QM | Non QM | No | |||||||||||
| XXX | 1993662 | XXX | XXX | XXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing.; Sec ID: [Redacted] | Reviewer Comment (2023-12-13): Secondary AVM received and updated. Exception Cleared. Buyer Comment (2023-12-10): AVM |
XXX | 1 | D | A | A | A | N/A | A | D | A | D | A | XXX | Primary | Refinance - Cash-out - Other | D | B | C | A | B | B | D | A | Non QM | Non QM | No | |||||||||||
| XXX | 1993662 | XXX | XXX | XXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Shortfall of $[Redacted], replacement cost estimate not provided. | Reviewer Comment (2023-12-07): Received, cleared. Seller Comment (2023-12-06): Please see attached RCE |
XXX | 1 | C | A | C | A | C | A | C | A | C | A | XXX | Primary | Refinance - Cash-out - Other | D | B | C | A | B | B | D | A | Non QM | Non QM | No | ||||||||||
| XXX | 1993662 | XXX | XXX | XXXX | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae [Redacted] Points and Fees | Fannie Mae [Redacted]% Points and Fees Test. Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] (an overage of $[Redacted] or [Redacted]%). | Buyer Comment (2023-12-08): EV2/B - buyer accepts |
XXX | 12/08/2023 | 2 | B | B | B | B | B | B | B | B | B | B | XXX | Primary | Refinance - Cash-out - Other | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | D | B | C | A | B | B | D | A | Non QM | Non QM | Yes | ||||||||
| XXX | 1993644 | XXX | XXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Timing Before Closing | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [Redacted] not received by borrower at least four (4) business days prior to closing. | The [Redacted] Loan Estimate is not signed/dated and there is no other evidence in loan file the borrower received the revised loan estimate at least [Redacted] business days before closing. | Reviewer Comment (2023-12-12): [Redacted] received proof of earlier receipt. Seller Comment (2023-12-08): LE response |
XXX | 1 | C | A | C | A | C | A | C | A | C | A | XXX | Primary | Refinance - Cash-out - Other | No Defined Cure | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||
| XXX | 1993644 | XXX | XXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Reviewer Comment (2023-12-06): Fraud report associated. Exception Cleared |
XXX | 1 | C | A | C | A | C | A | C | A | C | A | XXX | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 1993315 | XXX | XXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Reviewer Comment (2023-12-06): Fraud report is associated and verified. Exception Cleared |
XXX | 1 | C | A | C | A | C | A | C | A | C | A | XXX | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 1993315 | XXX | XXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note - Senior Lien not provided | Missing Sr. lien note/mortgage/mortgage statement. | Reviewer Comment (2023-12-04): Received Mortgage Statement. Exception Cleared. Seller Comment (2023-12-01): Please see attached |
XXX | 1 | D | A | D | A | D | A | D | A | D | A | XXX | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 1993315 | XXX | XXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. | $XXXX XXXX Judgement per title search. Title notes that they are unable to determine if the item refers to debtor (Co-Borrower). Proof of release or payoff is not documented in file. | Reviewer Comment (2023-12-20): Provided and cleared. Seller Comment (2023-12-18): Please see LN attached Reviewer Comment (2023-12-12): Please provide LN report verifying B2 has no judgements/liens, thank you Seller Comment (2023-12-08): Please see attached XXXX search which indicates borrower has no judgments. |
XXX | 1 | C | A | C | A | C | A | C | A | C | A | XXX | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 1993315 | XXX | XXX | XXXX | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Missing Rate Lock Agreement | XXX | 2 | B | B | B | B | B | B | B | B | B | B | XXX | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 1993315 | XXX | XXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Insufficient or no cure was provided to the borrower. | Fee was added on Loan Estimate dated[Redacted] with no valid Change of Circumstance. | Reviewer Comment (2023-12-05): [Redacted] received Post CD,LOX and payment history. Seller Comment (2023-12-04): Please see attached the cure docs |
XXX | 1 | C | A | C | A | C | A | C | A | C | A | XXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | D | B | D | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||
| XXX | 1993315 | XXX | XXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure - [Redacted]) Cure | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower. | Reviewer Comment (2023-12-05): Sufficient Cure Provided within [Redacted] Days of Closing |
XXX | 12/05/2023 | 1 | A | A | A | A | A | XXX | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over $35) | D | B | D | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||||||
| XXX | 1993679 | XXX | XXX | XXXX | Credit | Collateral | Missing/Incorrect | Collateral | Missing tracking number for delivery of collateral file. | Buyer Comment (2024-03-05): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2024-02-28): The collateral was delivered [redacted] at [redacted]am via [redacted] trk#[redacted]. |
XXX | 1 | A | A | A | A | A | A | A | A | A | A | XXX | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 1993679 | XXX | XXX | XXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application | RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within[redacted]business days of application. | Reviewer Comment (2024-03-01): Earlier disclosure provided Seller Comment (2024-02-28): Please see attached [redacted]dated [redacted]. |
XXX | 1 | B | A | B | A | B | A | B | A | B | A | XXX | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 1993679 | XXX | XXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2024-03-01): Received appraisal delivery acknowledgment. Exception Cleared. Seller Comment (2024-02-28): Please see attached appraisal delivery document. |
XXX | 1 | C | A | C | A | C | A | C | A | C | A | XXX | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXX | 1993679 | XXX | XXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML [Redacted] Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted] | Reviewer Comment (2024-03-01): Received appraisal delivery acknowledgment. Exception Cleared. Seller Comment (2024-02-29): Please see attached appraisal delivery. |
XXX | 1 | C | A | C | A | C | A | C | A | C | A | XXX | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 1993679 | XXX | XXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Title Preliminary not provided | The file was missing a copy of the Title Preliminary | Reviewer Comment (2024-03-01): Received Property History Report. Exception Cleared. Seller Comment (2024-02-28): Please see attached title. |
XXX | 1 | C | A | C | A | C | A | C | A | C | A | XXX | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 1993679 | XXX | XXX | XXXX | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. | Buyer Comment (2024-03-05): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2024-02-28): The collateral was delivered [redacted] at [redacted]am via [redacted] trk#[redacted]. |
XXX | 1 | A | A | A | A | A | A | A | A | A | A | XXX | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 1993679 | XXX | XXX | XXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Reviewer Comment (2024-03-01): Received Property History Report. Exception Cleared. Seller Comment (2024-02-28): Please see attached title. |
XXX | 1 | C | A | C | A | C | A | C | A | C | A | XXX | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 1993599 | XXX | XXX | XXXX | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. | Buyer Comment (2023-12-29): Waived on Rate Lock: Collateral cleared by Custodian |
XXX | 1 | A | A | A | A | A | A | A | A | A | A | XXX | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 1993599 | XXX | XXX | XXXX | Credit | Collateral | Missing/Incorrect | Collateral | Missing tracking number for delivery of collateral file. | Buyer Comment (2023-12-29): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2023-12-27): (Rate Lock) PLEASE SEE NOTE TRACKING: [redacted] |
XXX | 1 | A | A | A | A | A | A | A | A | A | A | XXX | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 1993599 | XXX | XXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Estimated Taxes, Insurance And Assessments | TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on[redacted] did not disclose an Estimated Taxes, Insurance, and Assessments payment. | Section was left blank on Final CD. | Reviewer Comment (2024-01-02): [redacted] received Letter of Explanation & Corrected Closing Disclosure. Seller Comment (2023-12-28): (Rate Lock) PLEASE SEE LOE AND PC CD |
XXX | 01/02/2024 | 2 | C | B | C | B | C | B | C | B | C | B | XXX | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||
| XXX | 1993599 | XXX | XXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Property Costs Year [redacted] Underdisclosed - October [redacted] | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year [redacted] of [redacted] on Final Closing Disclosure provided on [redacted] are underdisclosed | Section was left blank on Final CD. | Reviewer Comment (2024-01-02): [redacted] received Post CD and LOX. Seller Comment (2023-12-29): (Rate Lock) Please see the attached LOE to accompany the PCCD which I believe was provided on the previous condition. I have also provided the post-closing CD as well. Reviewer Comment (2023-12-28): [redacted] received updated PCCD. Missing copy of LOE to borrower which accompanied this Corrected CD in order to finalize cure. Seller Comment (2023-12-27): (Rate Lock) PLEASE SEE PC CD |
XXX | 01/02/2024 | 2 | C | B | C | B | C | B | C | B | C | B | XXX | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||
| XXX | 1993327 | XXX | XXX | XXXX | Credit | Collateral | Missing/Incorrect | Collateral | Missing tracking number for delivery of collateral file. | Buyer Comment (2024-03-05): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2024-03-04): (Rate Lock) NOTE TRACKING: [redacted] |
XXX | 1 | A | A | A | A | A | A | A | A | A | A | XXX | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXX | 1993327 | XXX | XXX | XXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[redacted]. Provide updated policy reflecting minimum coverage of $[redacted] OR provide copy of insurer's replacement cost estimate supporting current coverage amount. | Reviewer Comment (2024-03-05): Received Hazard Insurance Policy with Rebuilding Cost. Exception Cleared. Seller Comment (2024-03-04): (Rate Lock) PLEASE SEE HAZARD REPLACEMENT COVERAGE. |
XXX | 1 | C | A | C | A | C | A | C | A | C | A | XXX | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXX | 1993327 | XXX | XXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Property Costs Year [redacted] Underdisclosed - October [redacted] | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year [redacted]of [redacted] on Final Closing Disclosure provided on [redacted] are underdisclosed | Section was left blank on Final CD. | Reviewer Comment (2024-03-05): [redacted] received Letter of Explanation & Corrected Closing Disclosure. Seller Comment (2024-03-04): (Rate Lock) PLEASE SEE LOE TO BORROWER REGARDING PC CD |
XXX | 03/05/2024 | 2 | C | B | C | B | C | B | C | B | C | B | XXX | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure | D | B | C | A | C | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||
| XXX | 1993327 | XXX | XXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Estimated Taxes, Insurance And Assessments | TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [redacted] did not disclose an Estimated Taxes, Insurance, and Assessments payment. | Section was left blank on Final CD. | Reviewer Comment (2024-03-05): [redacted] received PCCD and LOE. Seller Comment (2024-03-04): (Rate Lock) PLEASE SEE PC CD |
XXX | 03/05/2024 | 2 | C | B | C | B | C | B | C | B | C | B | XXX | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable | D | B | C | A | C | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||
| XXX | 1993327 | XXX | XXX | XXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing.; Sec ID: [redacted] | The File was Missing the Secondary Valuation required for Securitization purposes. | Reviewer Comment (2024-03-01): Secondary valuation obtained Reviewer Comment (2024-02-29): Additional secondary valuation AVM ordered at the request of the client |
XXX | 1 | D | A | A | A | N/A | A | D | A | D | A | XXX | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| XXX | 1993327 | XXX | XXX | XXXX | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. | Buyer Comment (2024-03-05): Waived on Rate Lock: Collateral cleared by Custodian |
XXX | 1 | A | A | A | A | A | A | A | A | A | A | XXX | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXX | 1993688 | XXX | XXX | XXXX | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2025-01-17): Waived on Rate Lock: Collateral cleared by Custodian |
XXX | 1 | A | A | A | A | A | A | A | A | A | A | XXX | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXX | 1993688 | XXX | XXX | XXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting [Redacted] valuation is missing. Sec ID: [Redacted] | The File was Missing the [Redacted] Valuation required for Securitization purposes. | Reviewer Comment (2025-01-22): Secondary valuation obtained Reviewer Comment (2025-01-15): Additional secondary valuation (AVM) ordered at the request of the client. |
XXX | 1 | D | A | A | A | N/A | A | A | D | A | XXX | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| XXX | 1993688 | XXX | XXX | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. AVM was provided. The Supporting [Redacted] AVM is invalid. The FSD is greater than .[Redacted] Sec ID: [Redacted] | [Redacted] valuation obtained returned an FSD that is greater than .[Redacted] An additional higher priced [Redacted] valuation (Drive-By, BPO, etc..) is required for securitization purposes. | Reviewer Comment (2025-01-27): Secondary valuation obtained supported original AVM value Reviewer Comment (2025-01-22): Additional secondary valuation (BPO) ordered at the request of the client. |
XXX | 1 | A | A | A | A | A | XXX | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||
| XXX | 1993688 | XXX | XXX | XXXX | Property | Valuation | General | Valuation | Valuation Product pending | [redacted] / Drive-by BPO - Standard Form - [Redacted] Days | Reviewer Comment (2025-01-27): Secondary valuation obtained supported original AVM value Reviewer Comment (2025-01-25): Valuation Received - [Redacted] |
XXX | 1 | A | A | A | A | A | XXX | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |