GSMBS 2026-HLTV1 ABS 15G

 

Exhibit 99.1 Schedule 3

 

 

 

Exception Grades

Run Date - 6/8/2026 10:22:54 AM      

 

SitusAMC Loan ID Customer Loan ID Seller Loan ID Investor Loan Number Unique Loan Identifier 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 Fitch Initial Exception Rating Fitch Final Exception Rating S&P Initial Exception Rating S&P Final Exception Rating Note Date Property State Occupancy Purpose Exception Remediation Originator QM ATR Status TPR QM ATR Status Is Curable
[redacted] [redacted] [redacted] [redacted] 79694963 34983240     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.73813% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,365.68 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,306.17 (an overage of $1,059.51 or .73813%). XXXXX Points and Fees exceed allowable threshold by  $1,059.51 or .73813%..             11/18/2025 2 B B B B   WA Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79694963 35001173     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - File does not contain documentation from lender/seller confirming the condo is warrantable.       Reviewer Comment (2025-12-10): XXXXX


Seller Comment (2025-12-10): XXXXX
12/10/2025     1 C A C A   WA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77377188 34786767     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   The file was missing evidence of CPA letter as consideration of business funds would require CPA letter stating withdrawal of business funds would not impact the business stability. Borrower has verified disposable income of at least $2500.00.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-20): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Reviewer Comment (2025-11-28): XXXXX
    02/20/2026 2 C B C B   WA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77377188 34786768     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   The file was missing evidence of CPA letter as consideration of business funds would require CPA letter stating withdrawal of business funds would not impact the business stability. Borrower has verified disposable income of at least $2500.00.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-20): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Reviewer Comment (2025-11-28): XXXXX
    02/20/2026 2 C B C B   WA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77377188 34786792     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Qualifying Assets for Closing of $44,272.36 is less than Cash From Borrower $191,665.07. Consideration of business funds would require CPA letter stating withdrawal of business funds would not impact the business stability.       Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-20): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Reviewer Comment (2025-11-28): XXXXX
02/20/2026     1 C A C A   WA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77377188 34786949     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-20): XXXXX
02/20/2026     1 C A C A   WA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77377188 34786953     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2025-11-18): XXXXX
11/18/2025     1 C A C A   WA Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77377188 34786955     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 Appraisal Fee.  Fee Amount of $900.00 exceeds tolerance of $700.00.  $200.00 over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal Fee was  last disclosed as $700.00 on LE but disclosed as $900.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $200.00, 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 (2025-11-18): XXXXX
11/18/2025     1 C A C A   WA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77377188 34786997     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. Due to missing CPA letter consideration of funds would require CPA letter stating withdrawal of funds would not impact business.       Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-20): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Reviewer Comment (2025-11-28): XXXXX
02/20/2026     1 C A C A   WA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77377188 34809321     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-20): XXXXX
02/20/2026     1 C A B A   WA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75025849 35173703     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - XXXXX HOA Verification Document is missing in file.       Reviewer Comment (2025-12-15): XXXXX
12/15/2025     1 C A C A   NC Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75025849 35198570     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of  $46,647.30 is less than Cash From Borrower $73,141.98.       Reviewer Comment (2026-01-28): XXXXX


Reviewer Comment (2026-01-27): XXXXX


Seller Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-09): XXXXX
01/28/2026     1 C A C A   NC Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79983230 35256643     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2025-12-17): XXXXX
  12/17/2025   1 A A A A   FL Second Home Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79983230 35256644     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $11,000.00 exceeds tolerance of $8,250.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2025-12-17): XXXXX
  12/17/2025   1 A A A A   FL Second Home Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70826148 35063674     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 Credit Report Fee.  Fee Amount of $110.00 exceeds tolerance of $100.00.  $10.00 over legal limit.  Insufficient or no cure was provided to the borrower. Credit Report Fee was last disclosed as $100.00 on LE but disclosed as $110.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $10.00, 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 (2026-01-20): XXXXX


Seller Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-19): XXXXX


Seller Comment (2026-01-18): XXXXX
  01/20/2026   2 C B C B   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72708117 35337791     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account statement Inaccurate RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure. Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.       Reviewer Comment (2026-01-14): XXXXX
    01/14/2026 2 B B B B   IL Primary Purchase If the IEAD is correct and the CD/HUD is incorrect, we require a corrected PCCD/HUD with LOE to borrower to cure. Signature is not required.
If the CD/HUD is correct and the IEAD is incorrect, we require LOE and corrected IEAD to cure. Signature is not required.
Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72127246 34925368     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (1st Lien, Escrow Not Established) Federal Higher-Priced Mortgage Loan (XXXXX): Mandatory escrow account not established on 1st lien mortgage loan. Mandatory escrow account not established on 1st lien mortgage loan.       Reviewer Comment (2026-02-03): XXXXX


Reviewer Comment (2025-12-05): XXXXX


Seller Comment (2025-12-02): XXXXX


Reviewer Comment (2025-11-21): XXXXX
02/03/2026     1 C A C A   MN Primary Purchase If escrow was established before consummation for one impound item but not the other (e.g. taxes but not insurance), cure available by escrowing item that was not previously included. Proof of new escrow setup required.
If no escrow account was established at or before consummation, no cure available.
Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72127246 34925369     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.65968% or Final Disclosure APR of 7.68300% is equal to or greater than the threshold of APOR 6.16% + 1.5%, or 7.66000%.  Non-Compliant Higher Priced Mortgage Loan. Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.67101% or Final Disclosure APR of 7.68300% is equal to or greater than the threshold of APOR 6.16% + 1.5%, or 7.66000%.  Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-02-03): XXXXX


Reviewer Comment (2026-01-15): XXXXX


Reviewer Comment (2025-12-05): XXXXX


Seller Comment (2025-12-02): XXXXX


Reviewer Comment (2025-11-21): XXXXX
02/03/2026     1 C A C A   MN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72127246 34925370     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-02-03): XXXXX


Reviewer Comment (2026-01-15): XXXXX


Reviewer Comment (2025-12-04): XXXXX


Seller Comment (2025-12-03): XXXXX


Reviewer Comment (2025-12-03): XXXXX


Reviewer Comment (2025-11-25): XXXXX


Reviewer Comment (2025-11-20): XXXXX
02/03/2026     1 C A C A   MN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73871916 35169181     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. No CD Issued less than 6 days prior to closing and received by the borrower less than 3 business days prior to closing.       Reviewer Comment (2026-01-08): XXXXX


Reviewer Comment (2025-12-30): XXXXX
01/08/2026     1 C A C A   CO Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73871916 35169198     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. Last Date Rate Set and Initial Rate Lock Date not provided.             12/09/2025 2 B B B B   CO Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73871916 35169209     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file is missing a copy of initial rate lock document.       Reviewer Comment (2026-01-27): XXXXX


Seller Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-14): XXXXX


Reviewer Comment (2026-01-08): XXXXX


Reviewer Comment (2025-12-30): XXXXX


Seller Comment (2025-12-29): XXXXX
01/27/2026     1 C A C A   CO Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72409175 35281282     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XX/XX/XX).  The disclosed Total of Payments in the amount of $1,077,106.23 is under disclosed by $200.00 compared to the calculated total of payments of $1,077,306.23 which exceeds the $100.00 threshold. Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XX/XX/XX). The disclosed Total of Payments in the amount of $1,077,106.23 is under disclosed by $200.00 compared to the calculated total of payments of $1,077,306.23 which exceeds the $100.00 threshold.       Reviewer Comment (2025-12-29): XXXXX
  12/29/2025   2 C B C B   NC Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73194227 35184605     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2025-12-24): XXXXX


Seller Comment (2025-12-23): XXXXX
12/24/2025     1 D A D A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73194227 35191973     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. File is missing a reliable Third-party verification document for the Borrowers Self-employment income source.       Reviewer Comment (2026-02-12): XXXXX


Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-25): XXXXX


Reviewer Comment (2025-12-31): XXXXX


Seller Comment (2025-12-29): XXXXX
02/12/2026     1 C A B A   CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73194227 35191974     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Schedule C Test Ability-to-Repay (Dodd-Frank XXXXX): Unable to verify current Sole Proprietorship status using reasonably reliable third-party records. File is missing a reliable Third-party verification document for the Borrowers Self-employment income source.       Reviewer Comment (2026-02-12): XXXXX


Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-25): XXXXX


Reviewer Comment (2025-12-31): XXXXX


Seller Comment (2025-12-29): XXXXX
02/12/2026     1 C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73194227 35191975     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. File is missing a reliable Third-party verification document for the Borrowers Self-employment income source.       Reviewer Comment (2026-02-12): XXXXX
02/12/2026     1 A A A A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73194227 35191986     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Lender Exception in the file approving use of 6 Months PITIA Reserves. Compensating factors are Residual income exceeds $3,500.00 per Month and LTV is 5% under the maximum allowable. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.
  SitusAMC

SitusAMC
Reviewer Comment (2026-02-13): XXXXX


Reviewer Comment (2026-02-11): XXXXX


Seller Comment (2026-02-10): XXXXX


Reviewer Comment (2026-01-26): XXXXX


Seller Comment (2026-01-25): XXXXX
    02/13/2026 2 C B C B   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73194227 35191995     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. File is missing a reliable Third-party verification document for the Borrowers Self-employment income source.       Reviewer Comment (2026-02-13): XXXXX


Reviewer Comment (2026-02-12): XXXXX


Seller Comment (2026-02-11): XXXXX


Seller Comment (2026-02-10): XXXXX


Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-25): XXXXX


Reviewer Comment (2025-12-31): XXXXX


Seller Comment (2025-12-29): XXXXX
02/13/2026     1 C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73194227 35191996     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - File is missing a reliable Third-party verification document for the Borrowers Self-employment income source.       Reviewer Comment (2026-02-12): XXXXX


Seller Comment (2026-02-11): XXXXX


Reviewer Comment (2026-01-28): XXXXX


Reviewer Comment (2026-01-26): XXXXX


Seller Comment (2026-01-25): XXXXX


Reviewer Comment (2025-12-30): XXXXX


Seller Comment (2025-12-29): XXXXX
02/12/2026     1 C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73194227 35687078     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-03): XXXXX
02/03/2026     1   A   A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73194227 35804258     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-02-13): XXXXX
02/13/2026     1   A   A   CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75473760 35709281     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-02-08): XXXXX


Seller Comment (2026-02-06): XXXXX
02/08/2026     1 C A C A   AZ Primary Refinance - Cash-out - Other No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75473760 35709282     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $92.70 exceeds tolerance of $0.00. Sufficient cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-03): XXXXX
  02/03/2026   1 A A A A   AZ Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75473760 35709283     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $241.00 exceeds tolerance of $80.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $241.00 exceeds tolerance of $80.00. Sufficient cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-03): XXXXX
  02/03/2026   1 A A A A   AZ Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78047583 35289399     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2025-12-29): XXXXX
12/29/2025     1 D A D A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78047583 35289405     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    12/24/2025 2 B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78047583 35307453     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Borrower previously rented and per guides, Rental Payment History: If the Borrower previously paid rent for their residence, then the Borrower's rental housing payment history is required. Payments must be documented via an institutional Verification of Rent (VOR)/ credit supplement or cancelled checks/bank records. A VOR from an individual or a private party landlord does not meet the requirement of verifying the Borrower's prior housing payment history. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-13): XXXXX


Reviewer Comment (2025-12-31): XXXXX


Seller Comment (2025-12-30): XXXXX
    01/13/2026 2 C B C B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78047583 35313993     Credit Credit Miscellaneous Guideline Credit Exception:   Per Guidelines loan amounts < $2,000,000 require a secondary valuation product. Secondary valuation must be within -10% tolerance of appraised value. Acceptable products are: CDA or Enhanced Desk Review OR Field Review OR a 2nd full appraisal. Lender provided CU score as secondary valuation. The representative FICO score exceeds the guideline minimum by at least 40 points.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.
  SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2025-12-29): XXXXX
    12/29/2025 2   B   B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70768147 35288320     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.31222% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,395.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $7,603.66 (an overage of $791.34 or .31222%). XXXXX Points and Fees exceed allowable threshold by $791.34 or .31222%.             12/26/2025 2 B B B B   NC Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70768147 35289448     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - Verification of Employment dated XX/XX/XX is not within 10 business days of the note date. Borrower has verified disposable income of at least $2500.00.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-07): XXXXX


Reviewer Comment (2026-01-02): XXXXX


Seller Comment (2025-12-31): XXXXX
    01/09/2026 2 C B C B   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77782809 35265228     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             12/23/2025 2 B B B B   VA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77782809 35265230     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-16): XXXXX
01/16/2026     1 C A B A   VA Second Home Purchase Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77782809 35265231     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - K-1 Less 25% Ability to Repay (Dodd-Frank XXXXX): Unable to verify K-1 (Less than 25% Ownership) income using reasonably reliable third-party records. File is missing 1040 for XXXXX       Reviewer Comment (2026-01-16): XXXXX


Seller Comment (2026-01-13): XXXXX


Reviewer Comment (2026-01-07): XXXXX


Seller Comment (2025-12-29): XXXXX
01/16/2026     1 C A C A   VA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77782809 35265232     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-16): XXXXX
01/16/2026     1 A A A A   VA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77782809 35265233     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $1,500.00 exceeds tolerance of $1,000.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,500.00 exceeds tolerance of $1,000.00. Sufficient cure was provided to the borrower at Closing.       Reviewer Comment (2025-12-18): XXXXX
  12/18/2025   1 A A A A   VA Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77782809 35265276     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - File is missing XXXXX 1040 document       Reviewer Comment (2026-01-16): XXXXX
01/16/2026     1 C A C A   VA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77782809 35267097     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-16): XXXXX
01/16/2026     1 C A C A   VA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77782809 35508833     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-01-16): XXXXX
01/16/2026     1   A   A   VA Second Home Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73575387 35312536     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $24,719.89 are insufficient to meet cash to close of $165,954.19. Final 1008 reflects $155,863.69 verified, however, Business funds excluded due to missing CPA Letter/Cash flow Analysis Docs.       Reviewer Comment (2026-01-27): XXXXX
01/27/2026     1 C A C A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73575387 35312581     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated Available for Reserves of 0.00 is less than Guideline Available for Reserves of  6.00.       Reviewer Comment (2026-01-27): XXXXX
01/27/2026     1 C A C A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73575387 35312596     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $750.00 exceeds tolerance of $700.00.  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Fee was  last disclosed as $700.00 on LE but disclosed as $750.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2025-12-29): XXXXX
  12/29/2025   1 A A A A   FL Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73575387 35312597     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $XXXXX exceeds tolerance of $XXXXX.  Sufficient or excess cure was provided to the borrower at Closing. Transfer Tax was  last disclosed as $XXXXX on LE but disclosed as $XXXXX on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2025-12-29): XXXXX
  12/29/2025   1 A A A A   FL Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73575387 35312604     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   File is missing a CPA letter indicating withdrawal of business funds will not negatively impact the business OR verification a cash flow analysis was completed to meet XXXXX guidance.       Reviewer Comment (2026-01-27): XXXXX


Reviewer Comment (2026-01-13): XXXXX


Reviewer Comment (2026-01-07): XXXXX
01/27/2026     1 C A C A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73575387 35312642     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-27): XXXXX
01/27/2026     1 C A B A   FL Second Home Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73575387 35312643     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient asset documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-27): XXXXX
01/27/2026     1 C A C A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74378209 35318765     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 Appraisal Re-Inspection Fee.  Fee Amount of $200.00 exceeds tolerance of $0.00.  $200.00 over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal Re-inspection Fee was disclosed as $0.00 on LE but disclosed as $200.00 in Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $200.00, 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 (2026-01-26): XXXXX


Reviewer Comment (2026-01-23): XXXXX


Reviewer Comment (2026-01-20): XXXXX
01/26/2026     1 C A C A   ME Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71296306 35709035     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.65795% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $17,212.43 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $11,085.83 (an overage of $6,126.60 or 1.65795%). XXXXX Points and Fees exceed allowable threshold by $6,126.60 or 1.65795%.             02/05/2026 2 B B B B   KS Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71296306 35709038     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $92.70 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-03): XXXXX
  02/03/2026   1 A A A A   KS Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79294970 35334826     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - File does not contain documentation from lender/seller confirming the condo is warrantable.       Reviewer Comment (2026-01-08): XXXXX
01/08/2026     1 C A C A   CA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79294970 35334840     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Qualification Method not Matching ATR Ability to Repay (Dodd-Frank XXXXX): The Qualification Method used by the lender does not match the ATR payment calculation methods under 1026.43(c)(5). The Qualification Method used by the lender does not match the ATR payment calculation methods under 1026.43(c)(5).       Reviewer Comment (2026-01-14): XXXXX
    01/14/2026 2 B B B B   CA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79294970 35334844     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 Processing Fee.  Fee Amount of $250.00 exceeds tolerance of $0.00.  $250.00 over legal limit.  Insufficient or no cure was provided to the borrower. Processing Fee was disclosed as $0.00 on LE but disclosed as $250.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $250.00, 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 (2026-01-09): XXXXX


Reviewer Comment (2026-01-08): XXXXX
01/09/2026     1 C A C A   CA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73836301 35447700     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 XX/XX/XX 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. Disclosures were sent to borrower prior to obtain consent for electronic disclosure from borrower.  Lender to provide proof of consent within initial 3 days of application OR proof of disclosure sent to borrower using another method within 3 days of application.       Reviewer Comment (2026-01-16): XXXXX
01/16/2026     1 C A C A   VA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73836301 35447851     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $775.00 exceeds tolerance of $750.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-01-12): XXXXX
  01/12/2026   1 A A A A   VA Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79667005 35487321     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/20/2026 2 B B B B   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79667005 35487322     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.32245% or Final Disclosure APR of 8.33200% is equal to or greater than the threshold of APOR 6.26% + 1.5%, or 7.76000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 8.32245% or Final Disclosure APR of 8.33200% is equal to or greater than the threshold of APOR 6.26% + 1.5%, or 7.76000%. Non-Compliant Higher Priced Mortgage Loan       Reviewer Comment (2026-01-28): XXXXX
01/28/2026     1 C A C A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79667005 35487323     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-27): XXXXX


Reviewer Comment (2026-01-27): XXXXX


Seller Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-26): XXXXX


Seller Comment (2026-01-23): XXXXX


Reviewer Comment (2026-01-23): XXXXX
01/28/2026     1 C A C A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70119843 35277973     Credit System General System Borrower 1003 current address does not match Note address. - Per Final 1003 Section 1 borrower's current address is XXXXX. However per section Section XXXXX is marked as Investment. Provide updated 1003 with correct current address.       Reviewer Comment (2026-01-12): XXXXX


Reviewer Comment (2025-12-26): XXXXX


Seller Comment (2025-12-24): XXXXX
01/12/2026     1 C A C A   NC Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70119843 35277977     Credit System General System Borrower 1003 current address does not match Note address. - Per Final 1003 Section 1 borrower's current address is XXXXX. However per section Section XXXXX is marked as Investment. Provide updated 1003 with correct current address.       Reviewer Comment (2026-01-12): XXXXX


Reviewer Comment (2025-12-26): XXXXX


Seller Comment (2025-12-24): XXXXX
01/12/2026     1 C A C A   NC Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72931467 35297203     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.               12/23/2025 2 B B B B   CA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77155537 35307553     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR documentation that meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-05): XXXXX
01/15/2026     1 C A C A   ID Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77155537 35307561     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - File does not contain documentation from lender/seller confirming the condo is warrantable.       Reviewer Comment (2026-01-08): XXXXX
01/08/2026     1 C A C A   ID Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77155537 35307569     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of $43,943.03 is less than Cash from Borrower $55,004.71.  Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR documentation that meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-13): XXXXX


Reviewer Comment (2026-01-05): XXXXX
01/15/2026     1 C A C A   ID Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77155537 35307578     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 3.00.  Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR documentation that meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-05): XXXXX
01/15/2026     1 C A C A   ID Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77155537 35307805     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-01-15): XXXXX
01/15/2026     1 C A B A   ID Second Home Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77155537 35307807     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-01-15): XXXXX
01/15/2026     1 C A C A   ID Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72517684 35363805     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2026-01-15): XXXXX
01/15/2026     1 D A D A   LA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72928610 35289049     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 Appraisal Review Fee.  Fee Amount of $400.00 exceeds tolerance of $0.00.  $400.00 over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $400.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $400.00, 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 (2026-01-20): XXXXX


Reviewer Comment (2026-01-06): XXXXX
01/20/2026     1 C A C A   NC Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70414043 35309808     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             12/30/2025 2 B B B B   MA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70414043 35309809     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.88452% or Final Disclosure APR of 8.88600% is equal to or greater than the threshold of APOR 6.23% + 2.5%, or 8.73000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 8.88452% or Final Disclosure APR of 8.88600% is equal to or greater than the threshold of APOR 6.23% + 2.5%, or 8.73000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-03-06): XXXXX
03/06/2026     1 C A C A   MA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70414043 35309810     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-03-06): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-09): XXXXX
03/06/2026     1 C A C A   MA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70414043 35309811     Compliance Compliance State Compliance State HPML (State HPML Provision) Massachusetts Higher-Priced Mortgage Loan (Loan Exceeds HPML Thresholds and failed One or More Federal HPML Provisions Making Loan a Non-Compliant MA HPML - Refer to Federal HPML Exceptions for more details) XXXXX Higher-Priced Mortgage Loan: Federal HPML Not Compliant. Refer to failed messages for Federal HPML for more details. Federal HPML Not Compliant. Refer to failed messages for Federal HPML for more details.       Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-05): XXXXX


Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-02-25): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Reviewer Comment (2026-01-20): XXXXX
03/06/2026     1 C A C A   MA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70414043 35309812     Compliance Compliance State Compliance State HPML XXXXX HPML Threshold Test Non-Compliant XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 8.88452% or Final Disclosure APR of 8.88600% is equal to or greater than the threshold of APOR 6.23% + 2.5%, or 8.73000% Non-Compliant Higher Priced Loan. APR on subject loan of 8.88452% or Final Disclosure APR of 8.88600% is equal to or greater than the threshold of APOR 6.23% + 2.5%, or 8.73000% Non-Compliant Higher Priced Loan.       Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-05): XXXXX


Reviewer Comment (2026-03-02): XXXXX


Reviewer Comment (2026-02-09): XXXXX


Seller Comment (2026-02-06): XXXXX


Reviewer Comment (2026-01-27): XXXXX


Reviewer Comment (2026-01-20): XXXXX
03/06/2026     1 C A C A   MA Primary Purchase No obvious cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70414043 35991324     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 XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-06): XXXXX
    03/11/2026 2   B   B   MA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70414043 35991325     Compliance Compliance State Compliance State HPML XXXXX HPML Threshold Test Compliant XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 8.88452% or Final Disclosure APR of 8.88600% is equal to or greater than the threshold of APOR 6.23% + 2.5%, or 8.73000% Compliant Higher Priced Loan.         Reviewer Comment (2026-03-11): XXXXX
    03/11/2026 2   B   B   MA Primary Purchase No obvious cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74576327 35173097     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - The file is missing a copy of CPA Letter for both Borrowers.       Reviewer Comment (2026-02-17): XXXXX


Seller Comment (2026-02-17): XXXXX


Reviewer Comment (2026-02-09): XXXXX


Reviewer Comment (2026-02-02): XXXXX


Seller Comment (2026-01-30): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Seller Comment (2026-01-20): XXXXX
02/17/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74576327 35174170     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-02-17): XXXXX
02/17/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74576327 35203259     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-17): XXXXX
02/17/2026     1 C A B A   CA Primary Purchase Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74576327 35203260     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank XXXXX): Unable to verify current employment status using reasonably reliable third-party records. File is missing third party business verification.       Reviewer Comment (2026-02-17): XXXXX
02/17/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74576327 35203261     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-17): XXXXX
02/17/2026     1 A A A A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70282973 35312673     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.01539% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $16,372.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $12,232.31 (an overage of $4,140.19 or 1.01539%). XXXXX Points and Fees exceed allowable threshold by $4,140.19 or 1.01539%.             12/31/2025 2 B B B B   WA Second Home Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70282973 35312676     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $1,200.00 exceeds tolerance of $925.00.  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Fee was last disclosed as $925.00 on LE but disclosed as $1,200.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, However evidence of cure in file in the amount of $275.00.       Reviewer Comment (2025-12-29): XXXXX
  12/29/2025   1 A A A A   WA Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70282973 35312677     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
    01/23/2026 2 C B C B   WA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70282973 35312681     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $30,059.08  are insufficient to meet cash to close of $75,130.18.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/23/2026     1 C A C A   WA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70282973 35312686     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 3.00.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/23/2026     1 C A C A   WA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70282973 35312690     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Ability to Repay impacted due to Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/23/2026     1 C A C A   WA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70282973 35312696     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/23/2026     1 C A B A   WA Second Home Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71081350 35476118     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-27): XXXXX
    01/27/2026 2 C B C B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71081350 35477331     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 1.24 is less than Guideline PITIA months reserves of 9.00.       Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-27): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Seller Comment (2026-01-21): XXXXX
01/27/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71081350 35477359     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-27): XXXXX
01/27/2026     1 C A B A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71081350 35477360     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-27): XXXXX
01/27/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71886113 35356372     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             01/09/2026 2 B B B B   MA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71886113 35356385     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2026-01-28): XXXXX
01/28/2026     1 D A D A   MA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71886113 35392873     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Calculated investor qualifying total debt ratio of 54.75617% exceeds Guideline total debt ratio of 50.00000%. Lender used multiple income sources to qualify. SSI and Pension income was verified with award letter and 1 year tax return and is considered alternative documentation per section 103 of guidelines as only 1 year was documented and maximum DTI for alternative documentation loans is 50%.       Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-27): XXXXX


Reviewer Comment (2026-01-26): XXXXX
01/28/2026     1 C A C A   MA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71886113 35392946     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-28): XXXXX
01/28/2026     1 C A B A   MA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71886113 35392947     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-01-28): XXXXX
01/28/2026     1 C A C A   MA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71886113 35392948     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank XXXXX): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 54.75617% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 54.75617% moderately exceeds the guideline maximum of 50.00%.       Reviewer Comment (2026-01-28): XXXXX
01/28/2026     1 C A C A   MA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79318937 35607367     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 Appraisal Fee.  Fee Amount of $1,050.00 exceeds tolerance of $810.00.  $240.00 over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal Fee was last disclosed as $810.00
on LE but disclosed as $1,050.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $240.00, 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 (2026-01-30): XXXXX


Reviewer Comment (2026-01-28): XXXXX
01/30/2026     1 C A C A   VT Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79318937 35607472     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/26/2026 2 B B B B   VT Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70008588 35597579     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             01/23/2026 2 B B B B   NC Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70008588 35597582     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $92.70 on Final Closing Disclosure. Sufficient cure was provided to the borrower at Closing.       Reviewer Comment (2026-01-21): XXXXX
  01/21/2026   1 A A A A   NC Primary Refinance - Rate/Term Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73583639 35265246     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - XXXXX Tax Verification is missing in file.       Reviewer Comment (2025-12-30): XXXXX
12/30/2025     1 C A C A   AZ Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73583639 35303105     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of  $17,934.79 is less than Cash From Borrower $85,316.06.       Reviewer Comment (2026-02-12): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Reviewer Comment (2026-01-12): XXXXX


Seller Comment (2026-01-09): XXXXX


Reviewer Comment (2026-01-02): XXXXX


Reviewer Comment (2025-12-30): XXXXX
02/12/2026     1 C A C A   AZ Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78830090 35337620     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   File is missing a CPA letter indicating withdrawal of business funds will not negatively impact the business OR verification a cash flow analysis was completed to meet XXXXX guidance. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
    01/23/2026 2 C B C B   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78830090 35337662     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.       Reviewer Comment (2026-02-26): XXXXX
02/26/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78830090 35337663     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. Total fees financed by lender is $21,893.99 Threshold maximum is $19,993.21 Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from Finance Charge as required resulting in false higher threshold calculation.       Reviewer Comment (2026-02-26): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Seller Comment (2026-02-18): XXXXX


Reviewer Comment (2026-02-11): XXXXX


Seller Comment (2026-02-09): XXXXX


Reviewer Comment (2026-01-12): XXXXX


Seller Comment (2026-01-09): XXXXX
02/26/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78830090 35337664     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.       Reviewer Comment (2026-02-26): XXXXX
02/26/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78830090 35337665     Compliance Compliance Federal Compliance Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.47536% is in excess of the allowable maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $21,893.99 on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $1,900.78 or .47536%).  Non-Compliant High Cost Loan. Points and Fees on subject loan of 5.47536% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $21,893.99 on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $1,900.78 or .47536%). Non-Compliant High Cost Loan.       Reviewer Comment (2026-02-26): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Seller Comment (2026-02-18): XXXXX


Reviewer Comment (2026-02-06): XXXXX


Seller Comment (2026-02-04): XXXXX


Reviewer Comment (2026-01-29): XXXXX


Seller Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-20): XXXXX


Seller Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-12): XXXXX


Seller Comment (2026-01-09): XXXXX
  02/26/2026   2 C B C B   TX Primary Purchase (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78830090 35337666     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.       Reviewer Comment (2026-02-26): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Seller Comment (2026-02-18): XXXXX


Reviewer Comment (2026-02-06): XXXXX


Seller Comment (2026-02-04): XXXXX


Reviewer Comment (2026-01-29): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-20): XXXXX


Seller Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-12): XXXXX


Seller Comment (2026-01-09): XXXXX
02/26/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78830090 35337667     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.47536% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $21,893.99 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $11,995.92 (an overage of $9,898.07 or 2.47536%). XXXXX Points and Fees exceed allowable threshold by  $9,898.07 or 2.47536%.             01/06/2026 2 B B B B   TX Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78830090 35337786     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated Available for Reserves of 1.15 is less than Guideline Available for Reserves of 3.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/23/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78830090 35337876     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/23/2026     1 C A B A   TX Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78830090 35337877     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to funds unavailable for reserves.   This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/23/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78830090 35337907     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ The file was missing a copy of the CPA Letter.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/23/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71843777 35581502     Credit Credit Credit Documentation Missing Document  Missing Document: Credit Report not provided   The file is missing a copy of credit report for borrower XXXXX.       Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-27): XXXXX
01/28/2026     1 D A D A   NC Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78455310 35232394     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Waiver Less than 3 Days From Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower provided appraisal waiver less than three (3) business days prior to consummation.         Reviewer Comment (2025-12-22): XXXXX
    12/22/2025 2 B B B B   GA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78455310 35232395     Compliance Compliance Federal Compliance TILA Federal Loan Originator Compensation - Individual LO Not NMLS Licensed at Time of Application Truth in Lending Act (NMLSR Dodd- Frank XXXXX): Individual Loan Originator not NMLS licensed or registered at time of application. Individual Loan Originator not NMLS licensed or registered at time of application.       Reviewer Comment (2026-01-06): XXXXX
01/06/2026     1 C A C A   GA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74772621 35486974     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - File does not contain documentation from lender/seller confirming the condo is warrantable       Reviewer Comment (2026-01-27): XXXXX
01/27/2026     1 C A C A   SC Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74772621 35487703     Compliance Compliance Federal Compliance FACTA FACTA Disclosure Missing FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure. The file was missing a copy of the FACTA Credit Score Disclosure for all borrowers provided within  a reasonably practicable time after using credit score.             01/20/2026 2 B B B B   SC Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74772621 35487704     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.98717% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,525.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,909.50 (an overage of $1,615.50 or .98717%). XXXXX Points and Fees exceed allowable threshold by $1,615.50 or .98717%.             01/20/2026 2 B B B B   SC Second Home Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74772621 35487705     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits.  Final Lender Credit of $-1,978.00 exceeds tolerance of $-2,580.00. Insufficient or no cure was provided to the borrower. Lender Credit Fee was last disclosed as -$2,580.00 on LE but disclosed as -$1,978.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $602.00, 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 (2026-02-01): XXXXX


Reviewer Comment (2026-01-26): XXXXX
  02/01/2026   2 C B C B   SC Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76717740 35858533     Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) XXXXX Subprime Loan: Counseling Disclosure not provided to borrower.         Reviewer Comment (2026-03-05): XXXXX
    03/05/2026 2 B B B B   NY Primary Purchase No obvious cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76717740 35858534     Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) XXXXX Subprime Loan:  Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law.         Reviewer Comment (2026-03-05): XXXXX
    03/05/2026 2 B B B B   NY Primary Purchase Provide the following:  Letter of Explanation,  corrected Mortgage (with required Legend) signed by consumers, and proof of re-recording. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76717740 35858535     Compliance Compliance State Compliance State HPML XXXXX Subprime Home Loan Threshold Fixed Non-Compliant XXXXX Subprime Loan: APR on subject loan of 9.37667% or Final Disclosure APR of 9.46200% is in excess of allowable threshold of Prime Mortgage Market Rate 6.23000 + 1.75%, or 7.98000%.  Non-Compliant SubPrime Loan.         Reviewer Comment (2026-03-05): XXXXX
    03/05/2026 2 B B B B   NY Primary Purchase No obvious cure.  Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76717740 35858536     Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Notice of Taxes and Insurance Not Provided) XXXXX Subprime Loan: Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan.         Reviewer Comment (2026-03-05): XXXXX
    03/05/2026 2 B B B B   NY Primary Purchase No obvious cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77786783 35392919     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.52001% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $14,640.49 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $12,477.66 (an overage of $2,162.83 or .52001%). XXXXX Points and Fees exceed allowable threshold by $2,162.83 or .52001%             01/13/2026 2 B B B B   FL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77786783 35392920     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-20): XXXXX
01/20/2026     1 C A B A   FL Primary Purchase Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77786783 35392921     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Bank Statement Guidelines Number of Bank Statements Requirement not met Ability to Repay (Dodd-Frank XXXXX): The number of bank statements provided for borrower's bank statement income was less than the number required by guidelines.         Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-15): XXXXX
01/20/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77786783 35392922     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Bank Statement Guidelines Number of Bank Statements Requirement not met Ability to Repay (Dodd-Frank XXXXX): The number of bank statements provided for borrower's bank statement income was less than the number required by guidelines.         Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-15): XXXXX
01/20/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77786783 35392926     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-20): XXXXX
01/20/2026     1 A A A A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77786783 35392997     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-01-20): XXXXX
01/20/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77786783 35444462     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/13/2026 2 B B B B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77786783 35444463     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.87472% or Final Disclosure APR of 7.93400% is equal to or greater than the threshold of APOR 6.19% + 1.5%, or 7.69000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 7.88907% or Final Disclosure APR of 7.93400% is equal to or greater than the threshold of APOR 6.19% + 1.5%, or 7.69000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-14): XXXXX


Seller Comment (2026-01-14): XXXXX
01/20/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77786783 35444464     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-16): XXXXX


Seller Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-14): XXXXX


Seller Comment (2026-01-14): XXXXX
01/20/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77786783 35590327     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 XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-28): XXXXX


Seller Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Seller Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-20): XXXXX
    01/28/2026 2   B   B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71588943 35335064     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of  $85,033.49 is less than Cash From Borrower $89,555.49.       Reviewer Comment (2026-02-04): XXXXX


Seller Comment (2026-02-03): XXXXX


Reviewer Comment (2026-01-30): XXXXX


Seller Comment (2026-01-28): XXXXX


Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Seller Comment (2026-01-20): XXXXX
02/04/2026     1 C A C A   MO Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71617867 35627573     Credit Credit Credit Documentation Missing Document  Missing Document: Credit Report not provided   credit report is missing       Reviewer Comment (2026-02-02): XXXXX
02/02/2026     1 D A D A   LA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76435585 35318691     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy. Title Evidence: ___ The file was missing a copy of the final title policy.       Reviewer Comment (2026-01-12): XXXXX
01/12/2026     1 A A A A   WA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76435585 35318695     Credit Title Document Error Title The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.       Reviewer Comment (2026-01-12): XXXXX


Seller Comment (2026-01-09): XXXXX
01/12/2026     1 C A C A   WA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79427486 35392730     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/13/2026 2 B B B B   FL Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79427486 35392732     Compliance Compliance Federal Compliance TRID Defect TRID Additional 3-Day Waiting Period Timing Test - Regular Transaction TILA-RESPA Integrated Disclosure - Most recent Closing Disclosure received at least 3 days prior to closing dated XX/XX/XX disclosed an inaccurate APR of 6.12000%  compared to the actual APR at consummation of 6.27987% and a revised CD disclosing an accurate APR was not received by borrower at least three (3) business days prior to consummation. Most recent Closing Disclosure received at least 3 days prior to closing dated XX/XX/XX disclosed an inaccurate APR of 6.12000% compared to the actual APR at consummation of 6.27491% and a revised CD disclosing an accurate APR was not received by borrower at least three (3) business days prior to consummation.       Reviewer Comment (2026-01-16): XXXXX


Seller Comment (2026-01-15): XXXXX
01/16/2026     1 C A C A   FL Primary Refinance - Rate/Term TRID timing exception, no remediation available. Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79427486 35392734     Compliance Compliance Federal Compliance TRID Defect TRID Post Close Closing Disclosure Timing Regular Transactions TILA-RESPA Integrated Disclosure - Three-Day Waiting Period Timing Violation.  Post Closing Disclosure reflects a change in APR, loan product, or addition of prepayment penalty which would have triggered an additional 3-day waiting period had it been correctly disclosed on the Final Closing Disclosure. Three-Day Waiting Period Timing Violation. Post Closing Disclosure reflects a change in APR, loan product, or addition of prepayment penalty which would have triggered an additional 3-day waiting period had it been correctly disclosed on the Final Closing Disclosure.       Reviewer Comment (2026-01-16): XXXXX
01/16/2026     1 C A C A   FL Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77522974 35700022     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $523,147.97 is over disclosed by $135.00 compared to the calculated Amount Financed of $523,012.97 and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX). Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $523,147.97 is over disclosed by $135.00 compared to the calculated Amount Financed of $523,012.97 and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX).       Reviewer Comment (2026-02-26): XXXXX


Reviewer Comment (2026-02-13): XXXXX


Seller Comment (2026-02-12): XXXXX


Reviewer Comment (2026-02-09): XXXXX


Seller Comment (2026-02-06): XXXXX
02/26/2026     1 C A C A   PA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77522974 35700023     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of $858,193.34 is under disclosed by $135.00 compared to the calculated Finance Charge of $858,328.34 which exceeds the $100.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX). Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $858,193.34 is under disclosed by $135.00 compared to the calculated Finance Charge of $858,328.34 which exceeds the $100.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX).       Reviewer Comment (2026-02-26): XXXXX


Reviewer Comment (2026-02-13): XXXXX


Seller Comment (2026-02-12): XXXXX


Reviewer Comment (2026-02-09): XXXXX


Seller Comment (2026-02-06): XXXXX
02/26/2026     1 C A C A   PA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77522974 35700025     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $950.00 exceeds tolerance of $605.00.  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Fee was  last disclosed as $605.00 on LE but disclosed as $950.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, However evidence of cure in file in the amount of $372.50.       Reviewer Comment (2026-02-02): XXXXX
  02/02/2026   1 A A A A   PA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77522974 35700026     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $230.50 exceeds tolerance of $203.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report Fee was  last disclosed as $203.00 on LE but disclosed as $230.50 on Final Closing Disclosure. File does not contain a valid COC for this fee, However evidence of cure in file in the amount of $372.50.       Reviewer Comment (2026-02-02): XXXXX
  02/02/2026   1 A A A A   PA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77522974 35700057     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    02/04/2026 2 B B B B   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77522974 35700231     Compliance Compliance Federal Compliance TRID Defect TRID Closing Disclosure Issue Date Not Provided TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on XX/XX/XX did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available. Closing Disclosure estimated to be provided on XX/XX/XX did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available.       Reviewer Comment (2026-03-04): XXXXX


Reviewer Comment (2026-03-03): XXXXX


Seller Comment (2026-03-02): XXXXX


Reviewer Comment (2026-02-18): XXXXX


Reviewer Comment (2026-02-09): XXXXX


Seller Comment (2026-02-06): XXXXX
03/04/2026     1 C A C A   PA Primary Purchase Good Faith Redisclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79914002 35351199     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.55632% or Final Disclosure APR of 8.60700% is equal to or greater than the threshold of APOR 6.22% + 1.5%, or 7.72000%.  Non-Compliant Higher Priced Mortgage Loan.         Reviewer Comment (2026-01-12): XXXXX
01/12/2026     1 C A C A   TX Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79914002 35351200     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-01-12): XXXXX
01/12/2026     1 C A C A   TX Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71448009 35504286     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $217,726.07 is over disclosed by $876.00 compared to the calculated Amount Financed of $216,850.07 and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX). Finance Charge disclosed is $216,850.07. Calculated finance charge is $217,726.07. Variance of $876.00. Based on review of Lender's compliance report was not included in finance charge calculation. TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for under disclosed amount, Corrected CD, and Re-open Rescission if Applicable       Reviewer Comment (2026-02-16): XXXXX


Seller Comment (2026-02-13): XXXXX


Reviewer Comment (2026-02-09): XXXXX


Reviewer Comment (2026-01-29): XXXXX
  02/16/2026   2 C B C B   NC Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71448009 35504287     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of $312,021.79 is under disclosed by $876.00 compared to the calculated Finance Charge of $312,897.79 which exceeds the $100.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX). Finance Charge disclosed is $312,897.79. Calculated finance charge is $312,021.79. Variance of -$876.00. Based on review of Lender's compliance report was not included in finance charge calculation. TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for under disclosed amount, Corrected CD, and Re-open Rescission if Applicable       Reviewer Comment (2026-02-16): XXXXX


Seller Comment (2026-02-13): XXXXX


Reviewer Comment (2026-02-09): XXXXX


Reviewer Comment (2026-01-29): XXXXX
  02/16/2026   2 C B C B   NC Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71448009 35504288     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 Administration Fee.  Fee Amount of $125.00 exceeds tolerance of $0.00.  $125.00 over legal limit.  Insufficient or no cure was provided to the borrower. Administration Fee was last disclosed as $0.00 on LE but disclosed as $125.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file.  Provide a post-close CD disclosing the tolerance cure to include $125.00, 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 (2026-01-29): XXXXX


Reviewer Comment (2026-01-27): XXXXX


Seller Comment (2026-01-23): XXXXX
01/29/2026     1 C A C A   NC Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70811709 35445121     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/15/2026 2 B B B B   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70811709 35445122     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.53456% or Final Disclosure APR of 8.54100% is equal to or greater than the threshold of APOR 6.22% + 1.5%, or 7.72000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 8.53456% or Final Disclosure APR of 8.54100% is equal to or greater than the threshold of APOR 6.22% + 1.5%, or 7.72000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-01-21): XXXXX


Reviewer Comment (2026-01-15): XXXXX
01/21/2026     1 C A C A   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70811709 35445123     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower at least 3 days prior to consummation was not provided.       Reviewer Comment (2026-01-21): XXXXX


Reviewer Comment (2026-01-15): XXXXX
01/21/2026     1 C A C A   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70811709 35445124     Compliance Compliance State Compliance Misc. State Level Ohio Consumer Sales Practices Act (Right Not To Close Disclosure Not Provided) XXXXX Consumer Sales Practices Act: Borrower not provided Right Not To Close Disclosure. Borrower not provided Right Not To Close Disclosure.       Reviewer Comment (2026-01-21): XXXXX
01/21/2026     1 B A B A   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70811709 35596385     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 XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation.         Reviewer Comment (2026-01-21): XXXXX
    01/21/2026 2   B   B   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79679597 35342329     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.06979% or Final Disclosure APR of 7.78400% is equal to or greater than the threshold of APOR 6.22% + 1.5%, or 7.72000%.  Compliant Higher Priced Mortgage Loan. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-01-21): XXXXX
01/21/2026     1 A A A A   UT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79679597 35342331     Compliance Compliance State Compliance State Late Charge XXXXX Late Charge Grace Period Testing XXXXX Late Charge: Note grace period of 0 days is less than the state minimum of XXXXX days. Note grace period of 0 days is less than the state minimum of XXXXX days. It is verified with Note       Reviewer Comment (2026-01-14): XXXXX
    01/14/2026 2 B B B B   UT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79679597 35342333     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Mortgage Insurance Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed a mortgage insurance payment for payment stream 1 that does not match the actual payment for the loan. Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed a mortgage insurance payment for payment stream 1 that does not match the actual payment for the loan.       Reviewer Comment (2026-01-21): XXXXX
01/21/2026     1 C A C A   UT Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79679597 35342334     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Principal and Interest TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on XX/XX/XX disclosed a Principal and Interest Payment that does not match the actual payment for the loan. Loan Terms: Final Closing Disclosure provided on XX/XX/XX disclosed a Principal and Interest Payment that does not match the actual payment for the loan.       Reviewer Comment (2026-01-21): XXXXX
01/21/2026     1 C A C A   UT Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79679597 35342335     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Projected P&I Min Payment Fixed Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed a periodic principal and interest payment for payment stream 2 that does not match the actual payment for the loan. Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed a periodic principal and interest payment for payment stream 2 that does not match the actual payment for the loan.       Reviewer Comment (2026-01-21): XXXXX
01/21/2026     1 C A C A   UT Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79679597 35342336     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Projected P&I Payment Min Payment Fixed Rate Initial Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed a periodic principal and interest payment for payment stream 1 that does not match the actual payment for the loan. Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed a periodic principal and interest payment for payment stream 1 that does not match the actual payment for the loan.       Reviewer Comment (2026-01-21): XXXXX


Seller Comment (2026-01-20): XXXXX
01/21/2026     1 C A C A   UT Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79679597 35342337     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Have Escrow -  Monthly Escrow Payment Overdisclosed Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX disclosed the Monthly Escrow Payment that does not match the actual escrow payment for the loan. Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX disclosed the Monthly Escrow Payment that does not match the actual escrow payment for the loan.       Reviewer Comment (2026-01-21): XXXXX
01/21/2026     1 A A A A   UT Primary Purchase Provide the following: Letter of Explanation notifying borrower or error and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79679597 35342338     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 $2,185.00 exceeds tolerance of $80.00 plus 10% or $88.00.  $2,097.00 over legal limit.  Insufficient or no cure was provided to the borrower. Ten Percent Fee Tolerance exceeded. Total amount of $2,185.00 exceeds tolerance of $80.00 plus 10% or $88.00. $2,097.00 over legal limit. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-20): XXXXX
01/20/2026     1 C A C A   UT Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79679597 35342339     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 Appraisal Fee.  Fee Amount of $762.00 exceeds tolerance of $690.00.  $72.00 over legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance was disclosed as $690.00. on LE but disclosed as $762.00 in Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $72.00, 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 (2026-01-20): XXXXX


Seller Comment (2026-01-20): XXXXX
01/20/2026     1 C A C A   UT Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79679597 35342399     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   1003 Final document missing in file.       Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-27): XXXXX


Reviewer Comment (2026-01-23): XXXXX


Reviewer Comment (2026-01-13): XXXXX
01/28/2026     1 C A C A   UT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79679597 35342817     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 2.00 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2026-02-04): XXXXX


Reviewer Comment (2026-02-03): XXXXX


Reviewer Comment (2026-01-30): XXXXX


Seller Comment (2026-01-30): XXXXX


Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-27): XXXXX


Reviewer Comment (2026-01-23): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Seller Comment (2026-01-20): XXXXX
02/04/2026     1 C A C A   UT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79679597 35343338     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.       Reviewer Comment (2026-02-04): XXXXX


Reviewer Comment (2026-01-23): XXXXX
02/04/2026     1 C A B A   UT Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79679597 35343339     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-02-04): XXXXX


Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-21): XXXXX
02/04/2026     1 C A C A   UT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79679597 35471884     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided   1008 is missing in the file       Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-27): XXXXX


Reviewer Comment (2026-01-23): XXXXX


Reviewer Comment (2026-01-22): XXXXX
01/28/2026     1   A   A   UT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73456064 35699610     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 Transfer Tax.  Fee Amount of $2,139.50 exceeds tolerance of $2,129.00.  $10.50 over legal limit.  Insufficient or no cure was provided to the borrower. Transfer Tax Fee was  last disclosed as $2,129.00 on LE but disclosed as $2,139.50 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $10.50, 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 (2026-03-10): XXXXX


Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-24): XXXXX


Reviewer Comment (2026-02-20): XXXXX


Seller Comment (2026-02-19): XXXXX


Reviewer Comment (2026-02-16): XXXXX
03/10/2026     1 C A C A   FL Second Home Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77238625 35318011     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    01/02/2026 2 B B B B   NJ Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77238625 35339863     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.64762% or Final Disclosure APR of 8.64800% is equal to or greater than the threshold of APOR 6.22% + 1.5%, or 7.72000%.  Non-Compliant Higher Priced Mortgage Loan. Evidence each version of the appraisal was provided to and received by the borrower not less than 3 business days prior to the note date is not in file.       Reviewer Comment (2026-01-09): XXXXX


Seller Comment (2026-01-05): XXXXX
01/09/2026     1 C A C A   NJ Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77238625 35339864     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Evidence each version of the appraisal was provided to and received by the borrower not less than 3 business days prior to the note date is not in file.       Reviewer Comment (2026-01-09): XXXXX


Seller Comment (2026-01-05): XXXXX
01/09/2026     1 C A C A   NJ Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77120374 35324286     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Business funds are being used to purchase the subject property. Per guidelines Funds from a business account (if the Borrower is the sole owner (or other owner is non-borrowing spouse) of the company and the company's CPA provides a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis) may be used for down payment and reserves.  File is not documented with either acceptable document therefore the funds were not included as available assets. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
    01/23/2026 2 C B C B   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77120374 35324307     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $1,000.00 are insufficient to meet cash to close of $30,265.68.  Final 1008 reflects $64,530.47 verified, however, file is missing evidence the use of business funds will not negatively impact the business.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/23/2026     1 C A C A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77120374 35324669     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 3.00. File is missing evidence the use of business funds will not negatively impact the business.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/23/2026     1 C A C A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77120374 35324687     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/23/2026     1 C A B A   NC Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77120374 35324688     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/23/2026     1 C A C A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71035739 35365185     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.83061% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $14,040.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $8,719.39 (an overage of $5,320.61 or 1.83061%). XXXXX Points and Fees exceed allowable threshold by $5,320.61 or 1.83061%.             01/12/2026 2 B B B B   TX Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71035739 35365238     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis (Account #XXXXX). Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
    01/23/2026 2 C B C B   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71035739 35365240     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis (Account #XXXXX). Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
    01/23/2026 2 C B C B   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71035739 35365269     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $3,300.00 are insufficient to meet cash to close of $33,808.85. Final 1008 reflects $47,546.00 verified, however, we require a CPA letter confirming that the use of business funds will not negatively impact the business.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/23/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71035739 35365394     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated Available for Reserves of 0.00 is less than Guideline Available for Reserves of 3.00.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/23/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71035739 35365412     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/23/2026     1 C A B A   TX Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71035739 35365413     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/23/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73677438 35476334     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis.  Fee Amount of $330.00 exceeds tolerance of $205.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis.  Fee Amount of $330.00 exceeds tolerance of $205.00.  Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-01-14): XXXXX
  01/14/2026   1 A A A A   NJ Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73220712 35645780     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $2,241.81 exceeds tolerance of $2,215.00.  Sufficient or excess cure was provided to the borrower at Closing. Transfer Tax Fee was  last disclosed as $2,215.00 on LE but disclosed as $2,241.81 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-01-28): XXXXX
  01/28/2026   1 A A A A   MN Second Home Refinance - Rate/Term Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73760765 35928327     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $710,000.00. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-13): XXXXX


Reviewer Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-04): XXXXX
03/13/2026     1 C A C A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73760765 35928356     Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided   Flood Certificate is mising       Reviewer Comment (2026-03-04): XXXXX
03/04/2026     1 C A C A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73760765 35934062     Credit Insurance Insurance Documentation Insurance Missing Document: Flood Insurance Policy not provided   Flood Policy not provided.       Reviewer Comment (2026-03-04): XXXXX
03/04/2026     1 C A C A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73760765 35934071     Credit Insurance Insurance Documentation Insurance Flood Insurance Error: Insurance premium was not provided.   Flood Policy not provided       Reviewer Comment (2026-03-25): XXXXX


Reviewer Comment (2026-03-23): XXXXX


Seller Comment (2026-03-23): XXXXX


Reviewer Comment (2026-03-12): XXXXX


Reviewer Comment (2026-03-04): XXXXX
03/25/2026     1 C A C A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73760765 35934197     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Mortgage Statement not provided for XXXXX.       Reviewer Comment (2026-03-04): XXXXX
03/04/2026     1 C A C A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73760765 35968497     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing a copy of mortgage statement.       Reviewer Comment (2026-03-31): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-24): XXXXX


Reviewer Comment (2026-03-16): XXXXX
03/31/2026     1   A   A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73760765 35968504     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing a copy of mortgage statement.       Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-10): XXXXX
03/11/2026     1   A   A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76212375 35873172     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 Appraisal Re-Inspection Fee.  Fee Amount of $200.00 exceeds tolerance of $0.00.  $200.00 over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal Re-Inspection Fee was last disclosed as $0 on LE but disclosed as $200.00on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.       Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-05): XXXXX


Reviewer Comment (2026-03-04): XXXXX
03/06/2026     1 C A C A   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76212375 35873173     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 HOA/Condo Questionnaire.  Fee Amount of $514.80 exceeds tolerance of $500.00.  $14.80 over legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire. Fee Amount of $514.80 exceeds tolerance of $500.00. $14.80 over legal limit. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-03-06): XXXXX


Reviewer Comment (2026-03-04): XXXXX
  03/06/2026   2 C B C B   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75889342 35636070     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-02-04): XXXXX
02/04/2026     1 C A C A   OH Primary Purchase   Non QM Exempt from ATR No
[redacted] [redacted] [redacted] [redacted] 75889342 35636222     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt.         Reviewer Comment (2026-02-04): XXXXX


Seller Comment (2026-02-03): XXXXX
    02/04/2026 2 A A A A   OH Primary Purchase   Non QM Exempt from ATR No
[redacted] [redacted] [redacted] [redacted] 75889342 35636241     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITA months reserves of 4.53 is less than Guideline PITIA months reserve of 6.00. Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-02-04): XXXXX


Seller Comment (2026-02-03): XXXXX
02/04/2026     1 C A C A   OH Primary Purchase   Non QM Exempt from ATR No
[redacted] [redacted] [redacted] [redacted] 75889342 35636277     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exception have been cured/cleared.       Reviewer Comment (2026-02-04): XXXXX


Seller Comment (2026-02-03): XXXXX
02/04/2026     1 C A B A   OH Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Exempt from ATR Yes
[redacted] [redacted] [redacted] [redacted] 75889342 35636278     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient reserves. This exception will be cleared once all ATR specific exception have been cured/cleared.       Reviewer Comment (2026-02-04): XXXXX


Seller Comment (2026-02-03): XXXXX
02/04/2026     1 C A C A   OH Primary Purchase   Non QM Exempt from ATR No
[redacted] [redacted] [redacted] [redacted] 71178899 35304401     Compliance Compliance Federal Compliance Missing Disclosure Notice of Special Flood Hazard Disclosure Not Provided Timely FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.       Reviewer Comment (2025-12-31): XXXXX
    12/31/2025 2 B B B B   ID Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71178899 35304405     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.09709% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $57,918.24 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $56,102.60 (an overage of $1,815.64 or .09709%). XXXXX Points and Fees exceed allowable threshold by $1,815.64 or .09709%.             12/29/2025 2 B B B B   ID Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71178899 35304409     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 XX/XX/XX 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. Disclosures were sent to borrower prior to obtain consent for electronic disclosure from borrower.  Lender to provide proof of consent within initial 3 days of application OR proof of disclosure sent to borrower using another method within 3 days of application.       Reviewer Comment (2026-01-07): XXXXX


Seller Comment (2026-01-06): XXXXX
01/07/2026     1 C A C A   ID Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71178899 35304497     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Funds for reserves is $378,823.37 as per final 1003 /1008 and once evidence of access to funds is on file the same will be $353,113.93. file is still falling short on reserves as reserve requirement is of 9 months.       Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-07): XXXXX


Seller Comment (2026-01-06): XXXXX
01/16/2026     1 C A C A   ID Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71178899 35306066     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Failing ATR due to insufficient assets for reserves. Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-08): XXXXX


Seller Comment (2026-01-06): XXXXX
01/16/2026     1 C A B A   ID Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71178899 35306067     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Failing ATR due to insufficient assets for reserves. Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-08): XXXXX


Seller Comment (2026-01-06): XXXXX


Reviewer Comment (2026-01-06): XXXXX


Seller Comment (2025-12-30): XXXXX
01/16/2026     1 C A C A   ID Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71178899 35312982     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis. Borrower has verified disposable income of at least $2500.00.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-07): XXXXX


Seller Comment (2026-01-06): XXXXX
    01/16/2026 2 C B C B   ID Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75532142 35365528     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/12/2026 2 B B B B   CO Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75532142 35365529     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.29277% or Final Disclosure APR of 8.52300% is equal to or greater than the threshold of APOR 6.22% + 1.5%, or 7.72000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 8.29277% or Final Disclosure APR of 8.52300% is equal to or greater than the threshold of APOR 6.22% + 1.5%, or 7.72000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-01-20): XXXXX
01/20/2026     1 C A C A   CO Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75532142 35365530     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-15): XXXXX


Seller Comment (2026-01-14): XXXXX


Reviewer Comment (2026-01-14): XXXXX
01/20/2026     1 C A C A   CO Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75532142 35365533     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Mortgage Insurance Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed a mortgage insurance payment for payment stream 1 that does not match the actual payment for the loan. The Final CD disclosed the amount of property cost over year 1 as $9,858.31 on page 4. However, the property taxes $XXXXX, Insurance $XXXXX and Mortgage Insurance $XXXXX totaling $10,754.52 per year. Provide a post close CD correcting page 4 and Estimated Taxes, Insurance and Assessments on page 1, with a letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-15): XXXXX


Seller Comment (2026-01-14): XXXXX


Reviewer Comment (2026-01-14): XXXXX


Seller Comment (2026-01-13): XXXXX
  01/26/2026   2 C B C B   CO Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75532142 35365534     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Projected P&I Min Payment Fixed Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed a periodic principal and interest payment for payment stream 2 that does not match the actual payment for the loan. The Final CD disclosed the amount of property cost over year 1 as $9,858.31 on page 4. However, the property taxes $XXXXX, Insurance $XXXXX and Mortgage Insurance $XXXXX totaling $10,754.52 per year. Provide a post close CD correcting page 4 and Estimated Taxes, Insurance and Assessments on page 1, with a letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2026-01-29): XXXXX


Reviewer Comment (2026-01-15): XXXXX


Seller Comment (2026-01-14): XXXXX


Reviewer Comment (2026-01-14): XXXXX


Seller Comment (2026-01-13): XXXXX
  01/29/2026   2 C B C B   CO Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75532142 35454756     Credit Insurance Insurance Documentation Insurance Missing Document: Mortgage Insurance Certificate (MIC) not provided   Per documents in file loan has PMI. Missing mortgage insurance certificate.       Reviewer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-15): XXXXX
01/20/2026     1 C A C A   CO Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75532142 35581816     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 XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation.         Reviewer Comment (2026-01-21): XXXXX


Reviewer Comment (2026-01-20): XXXXX
    01/21/2026 2   B   B   CO Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70834399 35596909     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 Loan Discount Points.  Fee Amount of $8,160.48 exceeds tolerance of $6,997.00.  $1,163.48 over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal Fee was last disclosed as $500.00 on LE but disclosed as $505.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $5.00, 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 (2026-02-02): XXXXX


Seller Comment (2026-01-30): XXXXX


Reviewer Comment (2026-01-27): XXXXX


Seller Comment (2026-01-26): XXXXX
02/02/2026     1 C A C A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70834399 35596910     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 Second Appraisal Fee.  Fee Amount of $1,300.00 exceeds tolerance of $1,200.00.  $100.00 over legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $1,300.00 exceeds tolerance of $1,200.00. $100.00 over legal limit. sufficient cure was provided to the borrower.       Reviewer Comment (2026-01-27): XXXXX


Seller Comment (2026-01-26): XXXXX
01/27/2026     1 C A C A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70834399 35696174     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $1,300.00 exceeds tolerance of $1,200.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-02-02): XXXXX
  02/02/2026   1   A   A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74858048 35503128     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.82506% or Final Disclosure APR of 9.02700% is equal to or greater than the threshold of APOR 6.27% + 1.5%, or 7.77000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 8.82506% or Final Disclosure APR of 9.02700% is equal to or greater than the threshold of APOR 6.27% + 1.5%, or 7.77000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-01-27): XXXXX


Seller Comment (2026-01-26): XXXXX


Seller Comment (2026-01-22): XXXXX
01/27/2026     1 C A C A   IN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74858048 35503129     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Retrieving data. Wait a few seconds and try to cut or copy again.       Reviewer Comment (2026-01-27): XXXXX


Seller Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-22): XXXXX
01/27/2026     1 C A C A   IN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74858048 35503132     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 Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  $123.60 over legal limit.  Insufficient or no cure was provided to the borrower. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $123.60 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $123.60, 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 (2026-01-23): XXXXX


Seller Comment (2026-01-22): XXXXX
01/23/2026     1 C A C A   IN Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74858048 35503133     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 Transfer Tax.  Fee Amount of $10.00 exceeds tolerance of $0.00.  $10.00 over legal limit.  Insufficient or no cure was provided to the borrower. Transfer Tax Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $10.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $10.00, 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 (2026-01-23): XXXXX


Seller Comment (2026-01-22): XXXXX
01/23/2026     1 C A C A   IN Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74858048 35617194     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $10.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Transfer tax Fee was last disclosed as $0.00 on LE but disclosed as $10.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.       Reviewer Comment (2026-01-23): XXXXX
  01/23/2026   1   A   A   IN Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70979201 35487721     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/20/2026 2 B B B B   NY Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70979201 35487723     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.04101% or Final Disclosure APR of 9.10500% is equal to or greater than the threshold of APOR 6.27% + 1.5%, or 7.77000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 9.04101% or Final Disclosure APR of 9.10500% is equal to or greater than the threshold of APOR 6.27% + 1.5%, or 7.77000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-02-11): XXXXX
02/11/2026     1 C A C A   NY Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70979201 35487724     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-02-11): XXXXX


Seller Comment (2026-02-11): XXXXX


Reviewer Comment (2026-02-04): XXXXX


Seller Comment (2026-02-03): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Seller Comment (2026-01-21): XXXXX
02/11/2026     1 C A C A   NY Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70979201 35487726     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.52956% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,429.64 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $5,464.96 (an overage of $964.68 or .52956%). XXXXX Points and Fees exceed allowable threshold by $964.68 or .52956%.             01/20/2026 2 B B B B   NY Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70979201 35487728     Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) XXXXX Subprime Loan: Counseling Disclosure not provided to borrower. Counseling Disclosure not provided to borrower.       Reviewer Comment (2026-01-28): XXXXX
    01/28/2026 2 B B B B   NY Primary Purchase No obvious cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70979201 35487729     Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) XXXXX Subprime Loan:  Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law. Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law.       Reviewer Comment (2026-01-28): XXXXX
    01/28/2026 2 B B B B   NY Primary Purchase Provide the following:  Letter of Explanation,  corrected Mortgage (with required Legend) signed by consumers, and proof of re-recording. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70979201 35487730     Compliance Compliance State Compliance State HPML XXXXX Subprime Home Loan Threshold Fixed Non-Compliant XXXXX Subprime Loan: APR on subject loan of 9.04101% or Final Disclosure APR of 9.10500% is in excess of allowable threshold of Prime Mortgage Market Rate 6.22000 + 1.75%, or 7.97000%.  Non-Compliant SubPrime Loan. APR on subject loan of 9.04101% or Final Disclosure APR of 9.10500% is in excess of allowable threshold of Prime Mortgage Market Rate 6.22000 + 1.75%, or 7.97000%. Non-Compliant SubPrime Loan.       Reviewer Comment (2026-01-28): XXXXX
    01/28/2026 2 B B B B   NY Primary Purchase No obvious cure.  Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70979201 35487731     Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Notice of Taxes and Insurance Not Provided) XXXXX Subprime Loan: Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan. Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan.       Reviewer Comment (2026-01-28): XXXXX
    01/28/2026 2 B B B B   NY Primary Purchase No obvious cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70979201 35487733     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Attorney Review Fee.  Fee Amount of $1,175.00 exceeds tolerance of $1,150.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Attorney Review Fee. Fee Amount of $1,175.00 exceeds tolerance of $1,150.00. Sufficient cure was provided to the borrower at Closing.       Reviewer Comment (2026-01-15): XXXXX
  01/15/2026   1 A A A A   NY Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76491467 35601476     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 Loan Discount Points.  Fee Amount of $794.64 exceeds tolerance of $0.00.  $794.64 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Fee was last disclosed as $0.00 on LE but disclosed as $794.64 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.       Reviewer Comment (2026-01-29): XXXXX


Seller Comment (2026-01-28): XXXXX


Reviewer Comment (2026-01-28): XXXXX
01/29/2026     1 C A C A   WA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76421767 35850346     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.55424% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $26,689.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $17,580.74 (an overage of $9,108.26 or 1.55424%). XXXXX Points and Fees exceed allowable threshold by $9,108.26 or 1.55424%..             02/23/2026 2 B B B B   IN Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76421767 35850493     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $110.00 exceeds tolerance of $80.00 plus 10% or $88.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-02-19): XXXXX
  02/19/2026   1 A A A A   IN Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76421767 35850494     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-02-19): XXXXX
  02/19/2026   1 A A A A   IN Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71707888 35615213     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.15365% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $12,419.25 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $11,814.16 (an overage of $605.09 or .15365%). XXXXX Points and Fees exceed allowable threshold by $605.09 or .15365%.             01/27/2026 2 B B B B   MD Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71707888 35615216     Compliance Compliance State Compliance State HPML (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) XXXXX Higher-Priced Mortgage Loan:  Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for.       Reviewer Comment (2026-01-30): XXXXX


Seller Comment (2026-01-28): XXXXX
01/30/2026     1 B A B A   MD Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71707888 35615217     Compliance Compliance State Compliance State HPML XXXXX HPML Threshold Test Non-Compliant XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 8.72752% or Final Disclosure APR of 8.72800% is equal to or greater than the threshold of APOR 6.27% + 1.5%, or 7.77000%.  Non-Compliant Higher Priced Loan. APR on subject loan of 8.72752% or Final Disclosure APR of 8.72800% is equal to or greater than the threshold of APOR 6.27% + 1.5%, or 7.77000%. Non-Compliant Higher Priced Loan.       Reviewer Comment (2026-01-30): XXXXX


Seller Comment (2026-01-28): XXXXX
01/30/2026     1 B A B A   MD Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71707888 35615218     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $92.70 on LE but disclosed as $92.70 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-01-23): XXXXX
  01/23/2026   1 A A A A   MD Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72372806 35342372     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Negative Amortization TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan contains Negative Amortization. Final Closing Disclosure provided on XX/XX/XX does not indicate Partial Payments selection on page 4.       Reviewer Comment (2026-01-12): XXXXX


Seller Comment (2026-01-09): XXXXX
  01/12/2026   2 C B C B   AL Primary Purchase Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72372806 35350609     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $575.00 exceeds tolerance of $550.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-01-06): XXXXX
  01/06/2026   1 A A A A   AL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72372806 35350791     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided           Reviewer Comment (2026-01-29): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Seller Comment (2026-01-21): XXXXX


Reviewer Comment (2026-01-12): XXXXX


Seller Comment (2026-01-09): XXXXX
01/29/2026     1 C A C A   AL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73718226 35469603     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    01/15/2026 2 B B B B   DE Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73718226 35469726     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $395.00 exceeds tolerance of $350.00 plus 10% or $385.00.  Sufficient or excess cure was provided to the borrower at Closing. 10% tolerance was exceeded by $395.00 due to increase of recording fee.  No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $10.00 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 (2026-01-13): XXXXX
  01/13/2026   1 A A A A   DE Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78398054 35606696     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.41513% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,180.66 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $8,943.14 (an overage of $1,237.52 or .41513%). XXXXX Points and Fees exceed allowable threshold by $1,237.52 or .41513%.             01/26/2026 2 B B B B   FL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78398054 35606698     Compliance Compliance Federal Compliance TRID Defect TRID Closing Disclosure Issue Date Not Provided TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on XX/XX/XX did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available. Closing Disclosure estimated to be provided on XX/XX/XX did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available. (Initial/XX/XX/XX)       Reviewer Comment (2026-02-13): XXXXX


Reviewer Comment (2026-02-03): XXXXX


Seller Comment (2026-02-02): XXXXX
02/13/2026     1 C A C A   FL Primary Purchase Good Faith Redisclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78398054 35606809     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $19,175.35 are insufficient to meet cash to close of $42,079.88. Final 1008 reflects $33,005.52 verified.       Reviewer Comment (2026-02-06): XXXXX
02/06/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78398054 35606822     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Calculated Available for Reserves of 0.00 is less than Guideline Available for Reserves of 3 Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-02-06): XXXXX
    02/06/2026 2 C B C B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78398054 35606881     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   File is missing a CPA letter indicating withdrawal of business funds will not negatively impact the business OR verification a cash flow analysis was completed to meet XXXXX guidance. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-02-06): XXXXX
    02/06/2026 2 C B C B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78398054 35608875     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-06): XXXXX
02/06/2026     1 C A B A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78398054 35608876     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-06): XXXXX
02/06/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70992709 35324556     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 Appraisal Fee.  Fee Amount of $780.00 exceeds tolerance of $750.00.  $30.00 over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal fee was disclosed as $750.00 on LE but disclosed as $780.00 in Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $30, 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 (2026-02-02): XXXXX


Seller Comment (2026-01-30): XXXXX


Reviewer Comment (2026-01-08): XXXXX


Seller Comment (2026-01-07): XXXXX
02/02/2026     1 C A C A   MI Second Home Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70992709 35324557     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 Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  $123.60 over legal limit.  Insufficient or no cure was provided to the borrower. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $123.60 on Final Closing Disclosure. File does not contain a valid COC for this fee, evidence of cure in file.       Reviewer Comment (2026-01-08): XXXXX


Seller Comment (2026-01-07): XXXXX
01/08/2026     1 C A C A   MI Second Home Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70992709 35324558     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 Appraisal Re-Inspection Fee.  Fee Amount of $56.00 exceeds tolerance of $0.00.  $56.00 over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal Re-Inspection Fee was last disclosed as $0.00 on LE but disclosed as $56.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, evidence of cure in file.       Reviewer Comment (2026-01-08): XXXXX


Seller Comment (2026-01-07): XXXXX
01/08/2026     1 C A C A   MI Second Home Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70992709 35696550     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-02-02): XXXXX
  02/02/2026   1   A   A   MI Second Home Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75356907 35475737     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) HOEPA Assignment Notice is not located in file.       Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-19): XXXXX
01/23/2026     1 C A C A   CO Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75356907 35475738     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.       Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-19): XXXXX
01/23/2026     1 C A C A   CO Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75356907 35475739     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. Total fees financed by lender is $17,374.32. Threshold maximum is $14,373.78. Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from Finance Charge as required resulting in false higher threshold calculation.       Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-19): XXXXX
01/23/2026     1 C A C A   CO Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75356907 35475740     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.       Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-19): XXXXX
01/23/2026     1 C A C A   CO Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75356907 35475741     Compliance Compliance Federal Compliance Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 6.04375% is in excess of the allowable maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $17,374.32 on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $3,000.54 or 1.04375%).  Non-Compliant High Cost Loan. Total fees financed by lender is $17,374.32. Threshold maximum is $14,373.78.       Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-19): XXXXX
01/23/2026     1 C A C A   CO Primary Refinance - Cash-out - Other (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75356907 35475742     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.       Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-19): XXXXX
01/23/2026     1 C A C A   CO Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75356907 35475743     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 6.04375% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $17,374.32 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $8,624.27 (an overage of $8,750.05 or 3.04375%). XXXXX Points and Fees exceed allowable threshold by $8,750.05 or 3.04375%.             01/16/2026 2 B B B B   CO Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75356907 35475747     Compliance Compliance State Compliance State Defect (State High Cost Disclosure) Colorado Covered Loan (Consumer Caution Notice Not Provided) XXXXX Covered Loan:  Consumer Caution Notice not provided to borrower. Consumer Caution Notice not provided to borrower.       Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-19): XXXXX
01/23/2026     1 C A C A   CO Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75356907 35475748     Compliance Compliance State Compliance State Defect (State High Cost) Colorado Covered Loan (Points and Fees) XXXXX Consumer Equity Protection Act: Points and Fees on subject loan of 6.04375% is in excess of the allowable maximum of  5.00000% of the Total Loan Amount. Points and Fees total $17,374.32 on a Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $3,000.54 or 1.04375%).  Non-Compliant High Cost Loan. Points and Fees on subject loan of 6.04375% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total $17,374.32 on a Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $3,000.54 or 1.04375%). Non-Compliant High Cost Loan.       Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-19): XXXXX
01/23/2026     1 C A C A   CO Primary Refinance - Cash-out - Other For application prior to 1/10/14, no obvious cure.

For applications on or after 1/10/14, same as DF HOEPA cure:
(1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted.
Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75356907 35475749     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-01-19): XXXXX


Seller Comment (2026-01-19): XXXXX
01/19/2026     1 C A C A   CO Primary Refinance - Cash-out - Other No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75356907 35475789     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    01/16/2026 2 B B B B   CO Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79087292 35584945     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. A copy of the original appraisal is noted to be in file however evidence of the appraisal being sent to the borrower is not.       Reviewer Comment (2026-01-28): XXXXX
    01/28/2026 2 B B B B   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79087292 35585172     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Bank statement in file indicates borrower operates as a DBA for XXXXX.  CPA letter does not mention this business and if the use of these funds would negatively impact the business. Funds from this account are not being included by review and as a result the borrower is short funds for closing.       Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-19): XXXXX


Reviewer Comment (2026-01-23): XXXXX
02/20/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79087292 35614561     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 Attorney's Fee (Closing Agent and Other).  Fee Amount of $125.00 exceeds tolerance of $0.00.  $125.00 over legal limit.  Insufficient or no cure was provided to the borrower. XXXXX On LEs under section B Attorney Document review prep fee was updated whereas on CD there are two fees one is under section B named as "Attorney Document review prep" fee and another fee is "Attorney document fee" which is under section C. Kindly provide a valid COC for the Attorney document fee updated under section C for $125 or cure due to borrower.       Reviewer Comment (2026-01-28): XXXXX
  01/28/2026   2   B   B   TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79087292 35860754     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis. Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-02-20): XXXXX
    02/20/2026 2   B   B   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75502000 35363850     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Evidence of earlier borrower receipt was not found in file.       Reviewer Comment (2026-02-09): XXXXX


Reviewer Comment (2026-01-22): XXXXX
02/09/2026     1 C A C A   FL Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75502000 35363851     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 Appraisal Fee.  Fee Amount of $950.00 exceeds tolerance of $800.00.  $150.00 over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal Fee was last disclosed as $800.00 on LE but disclosed as $950.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $150.00, 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 (2026-02-13): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Seller Comment (2026-01-21): XXXXX
02/13/2026     1 C A C A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70997033 35893762     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.45914% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $22,645.24 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $19,639.47 (an overage of $3,005.77 or .45914%). Points and Fees exceed allowable threshold by $3,005.77 or .45914%.             02/26/2026 2 B B B B   CA Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70997033 35894069     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $1,100.00 exceeds tolerance of $715.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,100.00 exceeds tolerance of $715.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-24): XXXXX
  02/24/2026   1 A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70997033 35894070     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $123.60 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-24): XXXXX
  02/24/2026   1 A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70997033 35894071     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $146.50 exceeds tolerance of $125.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $146.50 exceeds tolerance of $125.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-24): XXXXX
  02/24/2026   1 A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73858631 35511380     Compliance Compliance State Compliance State HPML XXXXX HPML Threshold Test Compliant XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 9.08498% or Final Disclosure APR of 9.07700% is equal to or greater than the threshold of APOR 6.25% + 1.5%, or 7.75000% Compliant Higher Priced Loan.         Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-27): XXXXX
    01/28/2026 2 B B B B   MA Primary Purchase No obvious cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73330592 35485186     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.46457% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,127.88 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $8,769.82 (an overage of $1,358.06 or .46457%). XXXXX Points and Fees exceed allowable threshold by $1,358.06 or .46457%.             01/20/2026 2 B B B B   AR Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73330592 35485188     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Evidence of earlier borrower receipt was not found in file.       Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-22): XXXXX
01/23/2026     1 C A C A   AR Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72785904 35635376     Compliance Compliance Federal Compliance TRID Defect TRID Interim Closing Disclosure Timing Regular APR Change TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure issued on XX/XX/XX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. Corrected Closing Disclosure issued on XX/XX/XX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation.       Reviewer Comment (2026-02-02): XXXXX


Seller Comment (2026-01-30): XXXXX
02/02/2026     1 C A C A   AZ Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72785904 35635459     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 Appraisal Fee.  Fee Amount of $653.60 exceeds tolerance of $585.00.  $68.60 over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal Fee was disclosed on Loan Estimate as $585.00 and on Closing Disclosure as $653.60.  File does not contain a valid COC for this fee, nor evidence of cure.  Provide a post-close CD disclosing the tolerance cure to include $68.60, 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 (2026-03-03): XXXXX


Seller Comment (2026-03-02): XXXXX


Reviewer Comment (2026-02-02): XXXXX


Seller Comment (2026-01-30): XXXXX
  03/03/2026   2 C B C B   AZ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72785904 35635470     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 Second Appraisal Fee.  Fee Amount of $630.00 exceeds tolerance of $400.00.  $230.00 over legal limit.  Insufficient or no cure was provided to the borrower. Second Appraisal Fee was disclosed on Loan Estimate as $400.00 and on Closing Disclosure as $630.00. File does not contain a valid COC for this fee, nor evidence of cure.  Provide a post-close CD disclosing the tolerance cure to include $230.00, 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 (2026-03-03): XXXXX


Seller Comment (2026-03-02): XXXXX
  03/03/2026   2 C B C B   AZ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72785904 35635530     Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial 1003   The file is missing a copy of Lender's Initial 1003.       Reviewer Comment (2026-02-04): XXXXX


Seller Comment (2026-02-04): XXXXX
02/04/2026     1 B A B A   AZ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73272210 35625881     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. 1099 Income program - Schedule C is not required.       Reviewer Comment (2026-01-30): XXXXX
01/30/2026     1 C A B A   NM Primary Purchase Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73272210 35625882     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Credit History Ability to Repay (Dodd-Frank XXXXX): Unable to verify debt obligations using reasonably reliable third-party records. Unable to verify debt obligations using reasonably reliable third-party records.       Reviewer Comment (2026-01-30): XXXXX
01/30/2026     1 C A C A   NM Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73272210 35625883     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-30): XXXXX
01/30/2026     1 A A A A   NM Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73272210 35625884     Compliance Compliance State Compliance State Defect New Mexico Home Loan (Ability to Repay not Verified) XXXXX Home Loan:   Borrower's ability to repay not verified with reliable documentation. 1099 Income program - Schedule C is not required.       Reviewer Comment (2026-02-17): XXXXX
02/17/2026     1 C A C A   NM Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73272210 35625892     Compliance Compliance Federal Compliance TRID Defect TRID Interim Closing Disclosure Timing Regular APR Change TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure issued on XX/XX/XX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. Corrected Closing Disclosure issued on XX/XX/XX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation.       Reviewer Comment (2026-01-30): XXXXX
01/30/2026     1 C A C A   NM Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73272210 35625907     Credit Credit Credit Documentation Missing Document  Missing Document: Credit Report not provided   File is Missing Credit report document.       Reviewer Comment (2026-01-30): XXXXX
01/30/2026     1 D A D A   NM Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73272210 35625908     Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided   File is missing Flood Certificate       Reviewer Comment (2026-01-30): XXXXX
01/30/2026     1 C A C A   NM Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73272210 35625914     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $0.00 are insufficient to meet cash to close of $35,623.83.Final 1008 reflects $44,431.52 verified, however, recent bank statement is missing.       Reviewer Comment (2026-02-13): XXXXX


Reviewer Comment (2026-02-11): XXXXX


Seller Comment (2026-02-10): XXXXX


Reviewer Comment (2026-02-03): XXXXX


Seller Comment (2026-02-02): XXXXX


Reviewer Comment (2026-01-30): XXXXX
02/13/2026     1 C A C A   NM Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73272210 35625935     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 3.00.       Reviewer Comment (2026-02-13): XXXXX


Reviewer Comment (2026-02-11): XXXXX


Seller Comment (2026-02-10): XXXXX


Reviewer Comment (2026-02-03): XXXXX


Seller Comment (2026-02-02): XXXXX


Reviewer Comment (2026-01-30): XXXXX
02/13/2026     1 C A C A   NM Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73272210 35626416     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-02-13): XXXXX
02/13/2026     1 C A C A   NM Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73272210 35688783     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-13): XXXXX
02/13/2026     1   A   A   NM Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75166848 35617897     Compliance Compliance State Compliance State Defect XXXXX 50(a)(6) Security Instrument Provided on a XXXXX Non-Home Equity Loan XXXXX Home Equity 50(a)(6) Security Instrument provided on a transaction determined not to be eligible for XXXXX Equity 50(a)(6). Potential contractual issue XXXXX Home Equity 50(a)(6) Security Instrument provided on a transaction determined not to be eligible for XXXXX Equity 50(a)(6). Potential contractual issue       Reviewer Comment (2026-02-04): XXXXX
    02/04/2026 2 B B B B   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78355746 35606836     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 Survey Fee.  Fee Amount of $950.00 exceeds tolerance of $0.00.  $950.00 over legal limit.  Insufficient or no cure was provided to the borrower. Survey Fee was last disclosed as $0.00 on LE but disclosed as $950.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $950.00, 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 (2026-02-09): XXXXX


Reviewer Comment (2026-02-06): XXXXX


Seller Comment (2026-02-05): XXXXX
02/09/2026     1 C A C A   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71974916 35605965     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Evidence of earlier borrower receipt was not found in file.       Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-27): XXXXX
01/28/2026     1 C A C A   TX Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71974916 35605967     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $123.60 on Final Closing Disclosure. File does not contain a valid COC for this fee, However evidence of cure in file in the amount of $123.60.       Reviewer Comment (2026-01-22): XXXXX
  01/22/2026   1 A A A A   TX Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78649869 35606284     Credit Loan Package Documentation Application / Processing Loan Package Documentation Mismatch of data related to Occupancy. - Subject is refinance of Second home. Final and initial 1003 declaration section 5a-A reflects the borrower does intend to occupy the property as their primary residence.       Reviewer Comment (2026-02-02): XXXXX
02/02/2026     1 C A C A   CA Second Home Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79762154 35487098     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 Attorney Review Fee.  Fee Amount of $125.00 exceeds tolerance of $0.00.  $125.00 over legal limit.  Insufficient or no cure was provided to the borrower. Attorney Review fee was disclosed as $0.00 on LE but disclosed as $125.00 in Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $125.00, 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 (2026-01-28): XXXXX


Reviewer Comment (2026-01-23): XXXXX
01/28/2026     1 C A C A   WA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79762154 35497014     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/20/2026 2 B B B B   WA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76625276 35700986     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 Loan Discount Points.  Fee Amount of $12,863.05 exceeds tolerance of $9,914.61.  $2,948.44 over legal limit.  Insufficient or no cure was provided to the borrower. 0% tolerance was exceeded by $2,948.44 due to increase of Loan Discount Points.  No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $2,948.44, 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 (2026-04-02): XXXXX


Reviewer Comment (2026-03-31): XXXXX


Seller Comment (2026-03-30): XXXXX


Reviewer Comment (2026-03-20): XXXXX


Seller Comment (2026-03-18): XXXXX


Reviewer Comment (2026-03-18): XXXXX


Seller Comment (2026-03-16): XXXXX


Reviewer Comment (2026-03-15): XXXXX


Reviewer Comment (2026-02-20): XXXXX


Reviewer Comment (2026-02-15): XXXXX
  04/02/2026   2 C B C B   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76625276 35700987     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 Certificate.  Fee Amount of $10.00 exceeds tolerance of $0.00.  $10.00 over legal limit.  Insufficient or no cure was provided to the borrower. 0% tolerance was exceeded by $10.00 due to increase of Flood Certificate Fee.  No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $10.00, 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 (2026-02-10): XXXXX


Seller Comment (2026-02-09): XXXXX
02/10/2026     1 C A C A   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78627770 35749063     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.06602% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $41,461.72 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $40,568.98 (an overage of $892.74 or .06602%). XXXXX Points and Fees exceed allowable threshold by $892.74 or .06602%.             02/10/2026 2 B B B B   NY Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73990823 35758790     Credit Loan Package Documentation Application / Processing Loan Package Documentation Mismatch of data related to Occupancy. - Subject is purchase of Second home. Final and initial 1003 declaration section 5a-A reflects the borrower does intend to occupy the property as their primary residence.       Reviewer Comment (2026-03-06): XXXXX
03/06/2026     1 C A C A   ID Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70515440 35757761     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.78161% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,649.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $6,861.35 (an overage of $1,787.65 or .78161%). XXXXX Points and Fees exceed allowable threshold by $1,787.65 or .78161%.             02/11/2026 2 B B B B   SD Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74084601 35850083     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 Loan Discount Points.  Fee Amount of $368.16 exceeds tolerance of $108.16.  $260.00 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Points was  last disclosed as $108.16, but disclosed as $368.16 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $260.00, 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 (2026-02-27): XXXXX


Seller Comment (2026-02-26): XXXXX
02/27/2026     1 C A C A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76835863 35625286     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.02371% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $14,341.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $8,563.98 (an overage of $5,777.02 or 2.02371%). XXXXX Points and Fees exceed allowable threshold by $5,777.02 or 2.02371%.             01/28/2026 2 B B B B   FL Second Home Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71218524 35927355     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/02/2026 2 B B B B   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71218524 35927357     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account statement Inaccurate RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure. Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.       Reviewer Comment (2026-03-05): XXXXX
    03/05/2026 2 B B B B   FL Second Home Purchase If the IEAD is correct and the CD/HUD is incorrect, we require a corrected PCCD/HUD with LOE to borrower to cure. Signature is not required.
If the CD/HUD is correct and the IEAD is incorrect, we require LOE and corrected IEAD to cure. Signature is not required.
Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71218524 35927358     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 Appraisal Fee.  Fee Amount of $750.00 exceeds tolerance of $700.00.  $50.00 over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal Fee was disclosed as $700.00 on LE but disclosed as $750.00 in Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $50.00, 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 (2026-03-09): XXXXX


Reviewer Comment (2026-03-03): XXXXX
03/09/2026     1 C A C A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71218524 35927359     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 Transfer Tax.  Fee Amount of $4,180.00 exceeds tolerance of $3,919.00.  $261.00 over legal limit.  Insufficient or no cure was provided to the borrower. Transfer Tax fee was disclosed as $3,919.00 on LE but disclosed as $4,180.00 in Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $261.00, 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 (2026-03-09): XXXXX


Reviewer Comment (2026-03-03): XXXXX
03/09/2026     1 C A C A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71218524 35995085     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $750.00 exceeds tolerance of $700.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-09): XXXXX
  03/09/2026   1   A   A   FL Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70401115 35767576     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 10.10649% or Final Disclosure APR of 10.02700% is equal to or greater than the threshold of APOR 6.18% + 2.5%, or 8.68000%.  Non-Compliant Higher Priced Mortgage Loan. Federal Higher-Priced Mortgage Loan: APR on subject loan of 10.10649% or Final Disclosure APR of 10.02700% is equal to or greater than the threshold of APOR 6.18% + 2.5%, or 8.68000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-03-04): XXXXX


Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-03-02): XXXXX


Seller Comment (2026-02-26): XXXXX
03/04/2026     1 C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70401115 35767609     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (1st Lien, Escrow Not Established) Federal Higher-Priced Mortgage Loan (XXXXX): Mandatory escrow account not established on 1st lien mortgage loan. Property Taxes $XXXXX per year, are not included in escrow.       Reviewer Comment (2026-03-04): XXXXX


Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-03-02): XXXXX


Seller Comment (2026-02-25): XXXXX
03/04/2026     1 C A C A   CA Primary Refinance - Cash-out - Other If escrow was established before consummation for one impound item but not the other (e.g. taxes but not insurance), cure available by escrowing item that was not previously included. Proof of new escrow setup required.
If no escrow account was established at or before consummation, no cure available.
Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70401115 35796141     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   CPA letter does not state that use of funds will not negatively impact the business.       Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-02-27): XXXXX


Reviewer Comment (2026-02-23): XXXXX


Seller Comment (2026-02-20): XXXXX


Reviewer Comment (2026-02-18): XXXXX
03/02/2026     1 C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70401115 35796198     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 1.04 is less than Guideline PITIA months reserves of 12.00.       Reviewer Comment (2026-03-02): XXXXX


Reviewer Comment (2026-02-23): XXXXX


Seller Comment (2026-02-20): XXXXX


Reviewer Comment (2026-02-18): XXXXX


Seller Comment (2026-02-17): XXXXX
03/02/2026     1 C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70401115 35796231     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. ATR failure due to insufficient asset documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-02): XXXXX
03/02/2026     1 C A B A   CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70401115 35796232     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient asset documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-02): XXXXX
03/02/2026     1 C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70401115 35809578     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-18): XXXXX
02/18/2026     1   A   A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70401115 35970527     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account statement Inaccurate RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.         Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-06): XXXXX


Seller Comment (2026-03-05): XXXXX
  03/11/2026   2   B   B   CA Primary Refinance - Cash-out - Other If the IEAD is correct and the CD/HUD is incorrect, we require a corrected PCCD/HUD with LOE to borrower to cure. Signature is not required.
If the CD/HUD is correct and the IEAD is incorrect, we require LOE and corrected IEAD to cure. Signature is not required.
Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70401115 35970528     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Estimated Escrow Payment Under Disclosed Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. PCCD received, however, to complete the cure process, al letter of explanation, Proof of Delivery is required.       Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-10): XXXXX


Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-05): XXXXX
  03/11/2026   2   B   B   CA Primary Refinance - Cash-out - Other TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70401115 35970529     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Property Taxes Included In Escrow TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether property taxes are included in escrow. PCCD received, however, to complete the cure process, al letter of explanation, Proof of Delivery, Re-open Rescission if Applicable is required.       Reviewer Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-05): XXXXX
  03/11/2026   2   B   B   CA 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 Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70401115 35970530     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Have Escrow -  Monthly Escrow Payment Underdisclosed Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX disclosed the Monthly Escrow Payment that does not match the actual escrow payment for the loan. PCCD received, however, to complete the cure process, al letter of explanation, Proof of Delivery, Re-open Rescission if Applicable is required.       Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-10): XXXXX


Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-05): XXXXX
  03/11/2026   2   B   B   CA Primary Refinance - Cash-out - Other Provide the following: Letter of Explanation notifying borrower or error and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71994058 35581175     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.23697% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $13,689.13 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $12,686.97 (an overage of $1,002.16 or .23697%). XXXXX Points and Fees exceed allowable threshold by $1,002.16 or .23697%.             01/23/2026 2 B B B B   FL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71994058 35581178     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $123.60 on Final Closing Disclosure. File does not contain a valid COC for this fee, However evidence of cure in file in the amount of $123.60.       Reviewer Comment (2026-01-20): XXXXX
  01/20/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72964089 35348638     Compliance Compliance Federal Compliance FACTA FACTA Disclosure Missing FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure. The file was missing a copy of the FACTA Credit Score Disclosure for all borrowers provided within  a reasonably practicable time after using credit score.             01/08/2026 2 B B B B   FL Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72964089 35348642     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 Administration Fee.  Fee Amount of $28.00 exceeds tolerance of $0.00.  $28.00 over legal limit.  Insufficient or no cure was provided to the borrower. Administration Fee was last disclosed as $0.00 on LE but disclosed as $28.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, evidence of cure in file.       Reviewer Comment (2026-01-22): XXXXX
  01/22/2026   2 C B C B   FL Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72964089 35348727     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $42,800.00 Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-01-27): XXXXX


Seller Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Reviewer Comment (2026-01-15): XXXXX


Seller Comment (2026-01-15): XXXXX
01/27/2026     1 C A C A   FL Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72964089 35349131     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Calculated PITIA months reserves of 5.22 is less than Guideline PITIA months reserves of 6.00. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.
  SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-02-06): XXXXX


Reviewer Comment (2026-01-15): XXXXX


Seller Comment (2026-01-15): XXXXX
    02/06/2026 2 C B C B   FL Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72964089 35349169     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.       Reviewer Comment (2026-02-06): XXXXX
02/06/2026     1 C A B A   FL Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72964089 35349170     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-02-06): XXXXX
02/06/2026     1 C A C A   FL Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79937201 35688473     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower. The file was missing a copy of the Homeownership Counseling disclosure or proof of the borrower's receipt within 3 days of the application date.             02/03/2026 2 B B B B   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79937201 35688474     Compliance Compliance Federal Compliance TRID Defect TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s).  The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing.  Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $22,950.19 may be required. The file was missing a copy of the Loan Estimate(s).       Reviewer Comment (2026-02-12): XXXXX
02/12/2026     1 C A C A   TN Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79937201 35688604     Compliance Compliance Federal Compliance TRID ECOA Appraisal Disclosure - ECOA Timing ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date.       Reviewer Comment (2026-02-12): XXXXX
02/12/2026     1 B A B A   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79937201 35801693     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 Appraisal Fee.  Fee Amount of $875.00 exceeds tolerance of $750.00.  $125.00 over legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $875.00 exceeds tolerance of $750.00. $125.00 over legal limit. Insufficient or no cure was provided to the borrower. A valid COC or cure would be required.       Reviewer Comment (2026-02-18): XXXXX


Seller Comment (2026-02-17): XXXXX


Reviewer Comment (2026-02-13): XXXXX
02/18/2026     1   A   A   TN Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78508401 35644364     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $123.60 on LE but disclosed as $123.60 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-01-28): XXXXX
  01/28/2026   1 A A A A   GA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78508401 35644365     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $103.00 exceeds tolerance of $88.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report Fee was last disclosed as $103.00 on LE but disclosed as $15.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-01-28): XXXXX
  01/28/2026   1 A A A A   GA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78365953 35813601     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 Certified.  Fee Amount of $15.00 exceeds tolerance of $0.00.  $15.00 over legal limit.  Insufficient or no cure was provided to the borrower. Certifid Fee was last disclosed as $0.00 on LE but disclosed as $15.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $15.00, 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 (2026-02-25): XXXXX


Reviewer Comment (2026-02-23): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Seller Comment (2026-02-18): XXXXX
02/25/2026     1 C A C A   NV Second Home Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78833719 35624827     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-01-26): XXXXX
  01/26/2026   1 A A A A   LA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75318505 35685682     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy effective date is after the funds disbursed.   The Hazard Insurance Policy Effective Date is after the later of the disbursement, note or transaction date.       Reviewer Comment (2026-02-06): XXXXX
02/06/2026     1 C A C A   WA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75318505 35685696     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.43603% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,134.29 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $6,228.96 (an overage of $905.33 or .43603%). XXXXX Points and Fees exceed allowable threshold by $905.33 or .43603%.             02/03/2026 2 B B B B   WA Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79937292 35757775     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $334.50 exceeds tolerance of $301.00 plus 10% or $331.10.  Sufficient or excess cure was provided to the borrower at Closing. Ten Percent Fee Tolerance exceeded. Total amount of $334.50 exceeds tolerance of $301.00 plus 10% or $331.10. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-09): XXXXX
  02/09/2026   1 A A A A   FL Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71120194 35617118     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.99946% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,675.54 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $5,757.43 (an overage of $1,918.11 or .99946%). XXXXX Points and Fees exceed allowable threshold by $1,918.11 or .99946%.             01/27/2026 2 B B B B   IL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79272835 35617610     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification of appraisal was delivered to borrower was not provided.             01/28/2026 2 B B B B   NJ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79272835 35617611     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.17678% or Final Disclosure APR of 8.21100% is equal to or greater than the threshold of APOR 6.18% + 1.5%, or 7.68000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 8.17678% or Final Disclosure APR of 8.21100% is equal to or greater than the threshold of APOR 6.18% + 1.5%, or 7.68000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-01-30): XXXXX
01/30/2026     1 C A C A   NJ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79272835 35617612     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XX/XX/XX)       Reviewer Comment (2026-01-30): XXXXX
01/30/2026     1 C A C A   NJ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79272835 35617615     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-01-29): XXXXX


Seller Comment (2026-01-29): XXXXX
01/29/2026     1 C A C A   NJ Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79272835 35617617     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $307.52 exceeds tolerance of $225.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report Fee was last disclosed as $307.52 on LE but disclosed as $82.52 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-01-23): XXXXX
  01/23/2026   1 A A A A   NJ Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73658851 35720168     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second  Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $92.70 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-04): XXXXX
  02/04/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73658851 35720169     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $300.92 exceeds tolerance of $100.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report Fee was  last disclosed as $100.00 on LE but disclosed as $300.92 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-04): XXXXX
  02/04/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79308108 35709357     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             02/05/2026 2 B B B B   AZ Second Home Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79308108 35709359     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 Appraisal Fee.  Fee Amount of $1,150.00 exceeds tolerance of $775.00.  $375.00 over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal Fee was last disclosed as $775.00 on LE but disclosed as $1,150.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $375.00, 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 (2026-02-18): XXXXX


Seller Comment (2026-02-17): XXXXX


Reviewer Comment (2026-02-13): XXXXX


Seller Comment (2026-02-12): XXXXX


Reviewer Comment (2026-02-09): XXXXX


Seller Comment (2026-02-06): XXXXX
02/18/2026     1 C A C A   AZ Second Home Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74403492 35749150     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    02/10/2026 2 B B B B   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74403492 35749185     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-02-12): XXXXX


Seller Comment (2026-02-11): XXXXX
02/12/2026     1 C A C A   CA Primary Refinance - Rate/Term No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70436039 35626585     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $0 on LE but disclosed as $123.60 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $123.60, 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 (2026-01-26): XXXXX
  01/26/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71232427 35718079     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $0.00 on Loan Estimate but disclosed as $9.70 on Final Closing Disclosure.  File does not contain a valid COC for this fee, However evidence of cure in file in the amount of $92.70.       Reviewer Comment (2026-02-04): XXXXX
  02/04/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76833062 35761507     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $92.70 on Final Closing Disclosure. File does not contain a valid COC for this fee, Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-09): XXXXX
  02/09/2026   1 A A A A   NV Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76833062 35761567     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    02/11/2026 2 B B B B   NV Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76614794 35721721     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Flood insurance coverage amount is insufficient.   Flood coverage is insufficient by $146,000. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-03-02): XXXXX


Reviewer Comment (2026-02-24): XXXXX
03/02/2026     1 C A C A   FL Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76614794 35721738     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/06/2026 2 B B B B   FL Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76614794 35721739     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.92374% or Final Disclosure APR of 7.92000% is equal to or greater than the threshold of APOR 6.17% + 1.5%, or 7.67000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 7.92374% or Final Disclosure APR of 7.92000% is equal to or greater than the threshold of APOR 6.17% + 1.5%, or 7.67000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-02-26): XXXXX


Seller Comment (2026-02-26): XXXXX
02/26/2026     1 C A C A   FL Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76614794 35721740     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-02-26): XXXXX


Seller Comment (2026-02-26): XXXXX
02/26/2026     1 C A C A   FL Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76614794 35930837     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 XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. The latest appraisal report was not delivery to borrower 3 days prior to closing date.       Reviewer Comment (2026-03-05): XXXXX


Reviewer Comment (2026-03-04): XXXXX


Seller Comment (2026-03-02): XXXXX
    03/05/2026 2   B   B   FL Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74015438 35803916     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/16/2026 2 B B B B   FL Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74015438 35803917     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.24104% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $38,830.40 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $27,467.60 (an overage of $11,362.80 or 1.24104%). XXXXX Points and Fees exceed allowable threshold by $11,362.80 or 1.24104%.             02/16/2026 2 B B B B   FL Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74746167 35709470     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee as $00.00 on LE but disclosed as  -$123.60 on Final Closing Disclosure.  File does not contain a valid COC for this fee, sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-03): XXXXX
  02/03/2026   1 A A A A   NE Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72398913 35769750     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Bank statement dated XX/XX/XX reflects a large unsourced deposit of $XXXXX that was not included by review.  Without these funds the borrower is short funds for reserves.       Reviewer Comment (2026-02-17): XXXXX


Seller Comment (2026-02-17): XXXXX
02/17/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72398913 35769761     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Bank statement dated XX/XX/XX reflects a large unsourced deposit of $XXXXX that was not included by review.  Without these funds the borrower is short funds for closing.       Reviewer Comment (2026-02-17): XXXXX


Seller Comment (2026-02-17): XXXXX
02/17/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72398913 35769771     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-02-17): XXXXX


Seller Comment (2026-02-17): XXXXX
02/17/2026     1 C A B A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72398913 35769772     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-02-17): XXXXX


Seller Comment (2026-02-17): XXXXX
02/17/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74628492 35698658     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/04/2026 2 B B B B   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74628492 35698659     Compliance Compliance Federal Compliance TRID TRID Lender Credit Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Lender Credits.  Final Lender Credit of $-13,420.00 exceeds tolerance of $-13,600.00. Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-13,420.00 exceeds tolerance of $-13,600.00. Sufficient cure was provided to the borrower at Closing       Reviewer Comment (2026-02-02): XXXXX
  02/02/2026   1 A A A A   PA Primary Purchase   Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73863441 35581750     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits.  Final Lender Credit of $0.00 exceeds tolerance of $-365.00. Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 exceeds tolerance of $-365.00. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-03-04): XXXXX


Reviewer Comment (2026-03-04): XXXXX


Seller Comment (2026-03-03): XXXXX


Reviewer Comment (2026-01-29): XXXXX


Seller Comment (2026-01-29): XXXXX
  03/05/2026   2 C B C B   TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73863441 35581762     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2026-01-27): XXXXX
01/27/2026     1 D A D A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73863441 35638221     Credit Credit Miscellaneous Guideline Credit Exception:   Per guidelines loan amounts < $2,000,000 require a secondary valuation product. Secondary valuation must be within -10% tolerance of appraised value. Acceptable products are: CDA or Enhanced Desk Review OR Field Review OR A 2nd full appraisal. Lender provided CU score as secondary valuation. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-27): XXXXX
    01/27/2026 2   B   B   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78967169 35687356     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.08146% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $18,678.36 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $18,184.58 (an overage of $493.78 or .08146%). XXXXX Points and Fees exceed allowable threshold by $493.78 or .08146%.             02/03/2026 2 B B B B   MT Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78967169 35687358     Compliance Compliance Federal Compliance TRID Defect TRID Additional 3-Day Waiting Period Timing Test - Regular Transaction TILA-RESPA Integrated Disclosure - Most recent Closing Disclosure received at least 3 days prior to closing dated XX/XX/XX disclosed an inaccurate APR of 8.48300%  compared to the actual APR at consummation of 9.32981% and a revised CD disclosing an accurate APR was not received by borrower at least three (3) business days prior to consummation. Most recent Closing Disclosure received at least 3 days prior to closing dated XX/XX/XX disclosed an inaccurate APR of 8.48300% compared to the actual APR at consummation of 9.32981% and a revised CD disclosing an accurate APR was not received by borrower at least three (3) business days prior to consummation.       Reviewer Comment (2026-02-05): XXXXX


Seller Comment (2026-02-04): XXXXX
02/05/2026     1 C A C A   MT Primary Purchase TRID timing exception, no remediation available. Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78967169 35729234     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 Loan Discount Points.  Fee Amount of $1,483.36 exceeds tolerance of $748.00.  $735.36 over legal limit.  Insufficient or no cure was provided to the borrower. XXXXX received XX/XX/XX CD.  Final CD increased discount points from the XX/XX/XX CD received.  Loan amount decreased but discount points increased.  No valid changed circumstance in file to support this change.  Please provide a valid changed circumtance or cure to borrower.       Reviewer Comment (2026-02-06): XXXXX


Seller Comment (2026-02-05): XXXXX
02/06/2026     1   A   A   MT Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72976922 35504122     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.33236% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $17,874.48 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $16,091.71 (an overage of $1,782.77 or .33236%). XXXXX Points and Fees exceed allowable threshold by $1,782.77 or .33236%.             01/21/2026 2 B B B B   TX Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72976922 35504123     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-02-04): XXXXX


Seller Comment (2026-02-03): XXXXX
02/04/2026     1 C A C A   TX Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72976922 35504151     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.
.
      Reviewer Comment (2026-02-06): XXXXX


Reviewer Comment (2026-02-05): XXXXX


Reviewer Comment (2026-02-04): XXXXX


Seller Comment (2026-02-03): XXXXX
02/06/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72976922 35504154     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   Approval is missing from file.       Reviewer Comment (2026-02-04): XXXXX


Seller Comment (2026-02-03): XXXXX
02/04/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72976922 35504192     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $7,050.00 are insufficient to meet cash to close of $168,469.81. Final 1008 and evidence of access to funds is missing.       Reviewer Comment (2026-02-06): XXXXX


Reviewer Comment (2026-02-05): XXXXX


Seller Comment (2026-02-04): XXXXX


Reviewer Comment (2026-02-04): XXXXX
02/06/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72976922 35504208     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2026-02-06): XXXXX


Reviewer Comment (2026-02-05): XXXXX


Reviewer Comment (2026-02-04): XXXXX
02/06/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72976922 35504890     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure. This exception will be cleared when all ATR related exceptions are cleared.       Reviewer Comment (2026-02-06): XXXXX
02/06/2026     1 C A B A   TX Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72976922 35504891     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR risk due to excessive DTI. This exception will be cleared when all ATR related exceptions are cleared.       Reviewer Comment (2026-02-06): XXXXX
02/06/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78253447 35941894     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $9,133.76 are insufficient to meet cash to close of $75,152.83 Final 1008 reflects $75,372.64 verified, however, Business funds excluded due to missing CPA Letter/Cash flow Analysis Docs.       Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-20): XXXXX
03/20/2026     1 C A C A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78253447 35941898     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated Available for Reserves of 0 is less than Guideline Available for Reserves of 6.       Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-20): XXXXX
03/20/2026     1 C A C A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78253447 35941989     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-20): XXXXX
03/20/2026     1 C A B A   PA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78253447 35941990     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing the asset guideline components, the loan is at ATR risk.       Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-20): XXXXX
03/20/2026     1 C A C A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78253447 35942001     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-20): XXXXX
    03/20/2026 2 C B C B   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73996268 35597114     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.08296% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $15,683.87 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $11,523.89 (an overage of $4,159.98 or 1.08296%). XXXXX Points and Fees exceed allowable threshold by $4,159.98 or 1.08296%.             01/23/2026 2 B B B B   FL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73996268 35597152     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    01/23/2026 2 B B B B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79169863 35789695     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower. Creditor did not provide List of Homeownership Counseling Organizations to borrower.             02/13/2026 2 B B B B   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79169863 35789697     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $92.70 on Final Closing Disclosure.  File does not contain a valid COC for this fee, Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-11): XXXXX
  02/11/2026   1 A A A A   TX Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70120883 35749763     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.74986% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $14,001.44 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $11,201.56 (an overage of $2,799.88 or .74986%). XXXXX Points and Fees exceed allowable threshold by $2,799.88 or .74986%%.             02/10/2026 2 B B B B   NJ Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70120883 35749766     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Commitment Fee.  Fee Amount of $2,602.00 exceeds tolerance of $2,352.00.  Sufficient or excess cure was provided to the borrower at Closing. Commitment Fee was last disclosed as $2,352.00 on LE but disclosed as $2,602.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, However evidence of cure in file in the amount of $250.00.       Reviewer Comment (2026-02-06): XXXXX
  02/06/2026   1 A A A A   NJ Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70120883 35749778     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Lender to provide master policy.       Reviewer Comment (2026-02-11): XXXXX


Seller Comment (2026-02-11): XXXXX
02/11/2026     1 C A C A   NJ Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70120883 35749804     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - File does not contain documentation confirming the condo is warrantable.       Reviewer Comment (2026-02-16): XXXXX


Seller Comment (2026-02-13): XXXXX
02/16/2026     1 C A C A   NJ Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74991227 35822471     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - File does not contain documentation from lender/seller confirming the condo is warrantable.       Reviewer Comment (2026-02-19): XXXXX
02/19/2026     1 C A C A   MD Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74232875 35759927     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $0 are insufficient to meet cash to close of $481,808.81.  Final 1008 reflects $507,991.74 verified. CPA letter does not confirm the used of funds will not have a negative impact on the business and therefore business funds are not being included by review.       Reviewer Comment (2026-02-24): XXXXX


Seller Comment (2026-02-24): XXXXX


Reviewer Comment (2026-02-23): XXXXX


Seller Comment (2026-02-21): XXXXX
02/24/2026     1 C A C A   VA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74232875 35794717     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Borrower was previously renting and a VOR was not provided.  Per guides, if the Borrower previously paid rent for their residence, then the Borrower's rental housing payment history is required. Payments must be documented via an institutional Verification of Rent (VOR)/ credit supplement, or cancelled checks/bank records. A VOR from an individual or a private party landlord does not meet the requirement of verifying the Borrower's prior housing payment history.       Reviewer Comment (2026-03-03): XXXXX


Seller Comment (2026-03-03): XXXXX


Reviewer Comment (2026-02-27): XXXXX


Seller Comment (2026-02-27): XXXXX


Reviewer Comment (2026-02-24): XXXXX


Seller Comment (2026-02-23): XXXXX


Reviewer Comment (2026-02-23): XXXXX


Seller Comment (2026-02-21): XXXXX
03/03/2026     1 C A C A   VA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74232875 35892580     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Please provide deposit receipt or wire confirmation document along with donor withdrawal proof for gift funds $250,000.       Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-03-05): XXXXX


Reviewer Comment (2026-03-03): XXXXX


Seller Comment (2026-03-03): XXXXX


Reviewer Comment (2026-02-27): XXXXX


Seller Comment (2026-02-27): XXXXX
03/05/2026     1   A   A   VA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74232875 35938073     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-03-05): XXXXX
03/05/2026     1   A   A   VA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74232875 35938093     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Required 12 months' reserves       Reviewer Comment (2026-03-05): XXXXX
03/05/2026     1   A   A   VA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70752199 35926268     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   Loan is to be securitized. Secondary valuation is missing.       Reviewer Comment (2026-03-24): XXXXX
03/24/2026     1 D A D A   ID Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73436610 35862423     Credit Missing Document General Missing Document Missing Document: Account Statements - Business not provided   Missing Account Statements - Business for XXXXX.       Reviewer Comment (2026-03-04): XXXXX


Reviewer Comment (2026-02-27): XXXXX


Seller Comment (2026-02-26): XXXXX
03/04/2026     1 C A C A   MA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73436610 35862433     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Borrower is qualified with 24 month bank statement income however statement for the month of XXXXX, XXXXX and XXXXX is missing in file.       Reviewer Comment (2026-03-04): XXXXX


Reviewer Comment (2026-02-27): XXXXX


Seller Comment (2026-02-26): XXXXX
03/04/2026     1 C A C A   MA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73436610 35862439     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   DTI is exceeding minimum threshold of 50% due to missing bank statement in file for the month of XXXXX, XXXXX & XXXXX.       Reviewer Comment (2026-03-04): XXXXX


Reviewer Comment (2026-02-27): XXXXX


Seller Comment (2026-02-26): XXXXX
03/04/2026     1 C A C A   MA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73436610 35862456     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-04): XXXXX
03/04/2026     1 C A B A   MA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73436610 35862458     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank XXXXX): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 51.13894% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) DTI is exceeding minimum threshold of 50% due to missing bank statement in file for the month of Jan, Feb & XXXXX.       Reviewer Comment (2026-03-04): XXXXX


Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-02-26): XXXXX
03/04/2026     1 C A C A   MA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73436610 35862462     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 Loan Discount Points.  Fee Amount of $15,023.20 exceeds tolerance of $2,566.00.  $12,457.20 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Points. Fee was last disclosed as $2,566.00 on LE but disclosed as $15,023.20 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $$12,457.20, 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 (2026-02-26): XXXXX
02/26/2026     1 C A C A   MA Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73436610 35862464     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 Attorney Review Fee.  Fee Amount of $1,250.00 exceeds tolerance of $0.00.  $1,250.00 over legal limit.  Insufficient or no cure was provided to the borrower. Attorney Review Fees was last disclosed as $0.00 on LE but disclosed as $1,250.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $1,250.00, 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 (2026-03-12): XXXXX


Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-06): XXXXX
  03/12/2026   2 C B C B   MA Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73436610 35862465     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Waterfall exception DTI is exceeding threshold of 50% due to missing bank statements in file.       Reviewer Comment (2026-03-04): XXXXX
03/04/2026     1 C A C A   MA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73436610 35862781     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2026-03-24): XXXXX


Reviewer Comment (2026-03-20): XXXXX


Reviewer Comment (2026-03-18): XXXXX


Reviewer Comment (2026-03-06): XXXXX


Reviewer Comment (2026-03-05): XXXXX
03/24/2026     1 C A C A   MA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73436610 35866528     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             02/24/2026 2 B B B B   MA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73436610 35910229     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-27): XXXXX
02/27/2026     1 C A C A   MA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75123226 35858263     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   File is missing Final 1003 document.       Reviewer Comment (2026-03-10): XXXXX


Reviewer Comment (2026-02-26): XXXXX
03/10/2026     1 C A C A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75123226 35858290     Compliance Compliance State Compliance Misc. State Level Maryland Counseling Agencies Disclosure Not in File XXXXX HB1399 - No evidence of required counseling disclosure language per XXXXX HB 1399. No evidence of required counseling disclosure language per XXXXX HB 1399.       Reviewer Comment (2026-03-05): XXXXX
    03/05/2026 2 B B B B   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75123226 35858291     Compliance Compliance State Compliance State HPML (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) XXXXX Higher-Priced Mortgage Loan:  Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for.       Reviewer Comment (2026-03-05): XXXXX
    03/05/2026 2 B B B B   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75123226 35858293     Compliance Compliance State Compliance State HPML XXXXX HPML Threshold Test Non-Compliant XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 7.94540% or Final Disclosure APR of 7.95400% is equal to or greater than the threshold of APOR 6.17% + 1.5%, or 7.67000%.  Non-Compliant Higher Priced Loan. APR on subject loan of 7.95969% or Final Disclosure APR of 7.95400% is equal to or greater than the threshold of APOR 6.17% + 1.5%, or 7.67000%. Non-Compliant Higher Priced Loan.       Reviewer Comment (2026-03-05): XXXXX
    03/05/2026 2 B B B B   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77510102 35935283     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee.  Fee Amount of $56.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-02-27): XXXXX
  02/27/2026   1 A A A A   MI Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77986271 35805380     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    02/16/2026 2 B B B B   MS Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78023047 35711301     Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule (Dodd-Frank XXXXX): Safe Harbor requirements not satisfied.         Reviewer Comment (2026-02-12): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Seller Comment (2026-02-06): XXXXX
    02/12/2026 2 B B B B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78023047 35711308     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.44419% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,282.43 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $6,343.23 (an overage of $939.20 or .44419%). XXXXX Points and Fees exceed allowable threshold by $9,179.20 or 4.51196%.             02/05/2026 2 B B B B   FL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74572580 35769763     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Lender Exception(s) not provided   Lender exception, per UW notes, missing for use of business funds without combined 100% ownership of borrowers. Borrower has worked in the same position for more than 3 years.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.
  SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-02-13): XXXXX


Reviewer Comment (2026-02-11): XXXXX
    02/13/2026 2 C B C B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76181590 35811696     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.98637% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,758.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,065.88 (an overage of $2,692.12 or 1.98637%). XXXXX Points and Fees exceed allowable threshold by $2,692.12 or 1.98637%.             02/17/2026 2 B B B B   MI Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78480489 35790932     Compliance Compliance State Compliance Misc. State Level Ohio Consumer Sales Practices Act (Right Not To Close Disclosure Not Signed at Closing) XXXXX Consumer Sales Practices Act:  Right Not To Close Disclosure not properly executed. Right Not To Close Disclosure not properly executed.       Reviewer Comment (2026-02-18): XXXXX
    02/18/2026 2 B B B B   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78480489 35790933     Compliance Compliance State Compliance Misc. State Level Ohio Consumer Sales Practices Act (Right Not To Close Disclosure Not Provided Timely) XXXXX Consumer Sales Practices Act: Borrower not provided Right Not To Close Disclosure at Closing. Borrower not provided Right Not To Close Disclosure at Closing.       Reviewer Comment (2026-02-18): XXXXX
    02/18/2026 2 B B B B   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78480489 35790935     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 Loan Discount Points.  Fee Amount of $4,978.40 exceeds tolerance of $4,707.00.  $271.40 over legal limit.  Insufficient or no cure was provided to the borrower. 0% tolerance was exceeded by $271.40 due to increase of Loan Discount Points. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $271.40, 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 (2026-02-25): XXXXX


Seller Comment (2026-02-24): XXXXX
02/25/2026     1 C A C A   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78480489 35790936     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 Appraisal Fee.  Fee Amount of $880.00 exceeds tolerance of $655.00.  $225.00 over legal limit.  Insufficient or no cure was provided to the borrower. 0% tolerance was exceeded by $225.00 due to increase of Appraisal Fee. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $225.00 , 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 (2026-03-16): XXXXX


Seller Comment (2026-03-12): XXXXX


Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-03-04): XXXXX


Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-24): XXXXX
  03/16/2026   2 C B C B   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78480489 35790937     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 Appraisal Review Fee.  Fee Amount of $175.00 exceeds tolerance of $0.00.  $175.00 over legal limit.  Insufficient or no cure was provided to the borrower. 0% tolerance was exceeded by $175.00 due to increase of Appraisal Review Fee. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $175.00, 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 (2026-03-16): XXXXX


Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-03-04): XXXXX


Reviewer Comment (2026-02-25): XXXXX
  03/16/2026   2 C B C B   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78480489 35790938     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 Transfer Tax.  Fee Amount of $1,400.50 exceeds tolerance of $1.00.  $1,399.50 over legal limit.  Insufficient or no cure was provided to the borrower. 0% tolerance was exceeded by $1,399.50 due to increase of Transfer Tax. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $1,399.50, 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 (2026-03-16): XXXXX


Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-03-04): XXXXX


Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-24): XXXXX
  03/16/2026   2 C B C B   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78480489 35814735     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. A copy of the revised valuation was not provided to applicant three (3) business days prior to consummation.             02/13/2026 2 B B B B   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79584576 35805952     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - VOE provided for Co Borrower not within 10 business days of the note date.       Reviewer Comment (2026-02-26): XXXXX


Seller Comment (2026-02-26): XXXXX


Reviewer Comment (2026-02-25): XXXXX
02/26/2026     1 C A C A   SC Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79584576 35805953     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - VOE provided for Borrower not within 10 business days of the note date. The qualifying DTI on the loan is at least 10% less than the guideline maximum.

Borrower has worked in the same position for more than 3 years.
  SitusAMC

SitusAMC
Reviewer Comment (2026-03-09): XXXXX


Reviewer Comment (2026-03-04): XXXXX


Reviewer Comment (2026-02-27): XXXXX


Seller Comment (2026-02-27): XXXXX


Reviewer Comment (2026-02-26): XXXXX


Seller Comment (2026-02-26): XXXXX


Reviewer Comment (2026-02-25): XXXXX
    03/09/2026 2 C B C B   SC Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79584576 35805979     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-11): XXXXX
03/16/2026     1 C A B A   SC Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79584576 35805980     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Verification of Employment not within 10 business days of the note for Borrower and Co Borrower.       Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-04): XXXXX


Seller Comment (2026-02-26): XXXXX
03/16/2026     1 C A C A   SC Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76870192 35927369     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.66612% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $13,294.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $8,547.14 (an overage of $4,746.86 or 1.66612%). XXXXX Points and Fees exceed allowable threshold by $4,746.86 or 1.66612%.             03/02/2026 2 B B B B   CA Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76870192 35927372     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 $450.00 exceeds tolerance of $379.00 plus 10% or $416.90.  $33.10 over legal limit.  Insufficient or no cure was provided to the borrower. 10% tolerance was exceeded by $71.00 due to increase of recording fee. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $33.10, 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 (2026-03-11): XXXXX


Seller Comment (2026-03-11): XXXXX
03/11/2026     1 C A C A   CA Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75858311 35922000     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.32632% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,617.30 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $7,771.92 (an overage of $845.38 or .32632%). XXXXX Points and Fees exceed allowable threshold by $845.38 or .32632%.             02/27/2026 2 B B B B   FL Second Home Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75858311 35922003     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $92.70 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-25): XXXXX
  02/25/2026   1 A A A A   FL Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76843317 35720461     Compliance Compliance State Compliance State HPML (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) XXXXX Higher-Priced Mortgage Loan:  Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for.         Reviewer Comment (2026-02-12): XXXXX


Reviewer Comment (2026-02-11): XXXXX


Seller Comment (2026-02-09): XXXXX
    02/12/2026 2 B B B B   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76843317 35720463     Compliance Compliance State Compliance State HPML XXXXX HPML Threshold Test Non-Compliant XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 9.25012% or Final Disclosure APR of 9.45200% is equal to or greater than the threshold of APOR 6.06% + 1.5%, or 7.56000%.  Non-Compliant Higher Priced Loan.         Reviewer Comment (2026-02-12): XXXXX


Reviewer Comment (2026-02-11): XXXXX


Seller Comment (2026-02-09): XXXXX
    02/12/2026 2 B B B B   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76843317 35720465     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was disclosed as $0.00 on LE but disclosed as $92.70 in Final Closing Disclosure. Sufficient or Excess cure was provided to the borrower at closing.       Reviewer Comment (2026-02-04): XXXXX
  02/04/2026   1 A A A A   MD Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76843317 35720466     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $4,503.75 exceeds tolerance of $4,074.00.  Sufficient or excess cure was provided to the borrower at Closing. Transfer Tax was disclosed as $4,074.00 on LE but disclosed as $4,503.75.00 in Final Closing Disclosure. Sufficient or Excess cure was provided to the borrower at closing.       Reviewer Comment (2026-02-04): XXXXX
  02/04/2026   1 A A A A   MD Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76843317 35720503     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $180.00 exceeds tolerance of $120.00 plus 10% or $132.00.  Sufficient or excess cure was provided to the borrower at Closing. 10% tolerance was exceeded by $48.00 due to increase in fees. However, evidence of cure in file for $48.00       Reviewer Comment (2026-02-04): XXXXX
  02/04/2026   1 A A A A   MD Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79846202 35973630     Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial 1003   The file was missing a copy of the Initial 1003.       Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-10): XXXXX
03/10/2026     1 B A B A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79846202 35974203     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Lender to provide HO-6 policy.       Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-10): XXXXX
03/10/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79846202 35974258     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. Due to inadequately documented business funds.       Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-04-01): XXXXX


Reviewer Comment (2026-03-31): XXXXX


Reviewer Comment (2026-03-20): XXXXX
04/02/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79846202 35974306     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Funds from a business account may be used for down payment and reserves if the company's CPA provides a statement indicating withdrawal of the funds will not negatively impact the business OR meeting XXXXX guidance for cash flow analysis. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-04-01): XXXXX


Reviewer Comment (2026-03-31): XXXXX


Seller Comment (2026-03-31): XXXXX


Reviewer Comment (2026-03-20): XXXXX


Seller Comment (2026-03-20): XXXXX
    04/02/2026 2 C B C B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79846202 35974322     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $15,000 are insufficient to meet cash to close of $90,009.53. Due to inadequately documented business funds.       Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-04-01): XXXXX


Reviewer Comment (2026-03-31): XXXXX


Reviewer Comment (2026-03-20): XXXXX
04/02/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79846202 35974338     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-04-01): XXXXX
04/02/2026     1 C A B A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79846202 35974339     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing the asset guideline components, the loan is at ATR risk.       Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-04-01): XXXXX
04/02/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73370832 35730853     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Copy of Rate lock is missing.       Reviewer Comment (2026-02-12): XXXXX


Seller Comment (2026-02-11): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Seller Comment (2026-02-10): XXXXX
02/12/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73370832 35731098     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.32027% or Final Disclosure APR of 7.74100% is equal to or greater than the threshold of APOR 6.06% + 1.5%, or 7.56000%.  Non-Compliant Higher Priced Mortgage Loan. HPML requirements not met.       Reviewer Comment (2026-03-03): XXXXX


Seller Comment (2026-03-02): XXXXX
03/03/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73370832 35731099     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.56551% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $12,892.44 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $8,471.63 (an overage of $4,420.81 or 1.56551%). XXXXX Points and Fees exceed allowable threshold by $4,420.81 or 1.56551%.             02/09/2026 2 B B B B   TX Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73370832 35731101     Compliance Compliance State Compliance State Defect XXXXX 50(a)(6) Security Instrument Provided on a XXXXX Non-Home Equity Loan XXXXX Home Equity 50(a)(6) Security Instrument provided on a transaction determined not to be eligible for XXXXX Equity 50(a)(6). Potential contractual issue         Reviewer Comment (2026-02-12): XXXXX
    02/12/2026 2 B B B B   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73370832 35731169     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. 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.             02/09/2026 2 B B B B   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73370832 35731334     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/09/2026 2 B B B B   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73370832 35731335     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. HPML requirements not met.       Reviewer Comment (2026-03-03): XXXXX


Seller Comment (2026-03-02): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Seller Comment (2026-02-10): XXXXX
03/03/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73370832 35731336     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Appraisal Flipped Property Missing Information Last Sales Price or Last Sales Date from the Primary Valuation or Contract Sales Price or Contract Sales Date are missing. Unable to determine compliance with TIL HPML Flipped Property Requirements. Last Sales Price or Last Sales Date from the Primary Valuation or Contract Sales Price or Contract Sales Date are missing. Unable to determine compliance with TIL HPML Flipped Property Requirements.       Reviewer Comment (2026-02-24): XXXXX


Seller Comment (2026-02-17): XXXXX
02/24/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79156922 35803794     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    02/16/2026 2 B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79156922 35803845     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/16/2026 2 B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79156922 35803847     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.52779% or Final Disclosure APR of 7.81300% is equal to or greater than the threshold of APOR 6.17% + 1.5%, or 7.67000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 7.52779% or Final Disclosure APR of 7.81300% is equal to or greater than the threshold of APOR 6.17% + 1.5%, or 7.67000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-03-04): XXXXX
03/04/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79156922 35803848     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification revised appraisal was delivered and received by borrower (3) business days prior to consummation. was not provided.       Seller Comment (2026-03-04): XXXXX


Reviewer Comment (2026-03-04): XXXXX


Seller Comment (2026-03-03): XXXXX


Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-03-02): XXXXX
03/04/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79156922 35807232     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00.  Business funds are being used to purchase the subject property. Per guidelines Funds from a business account (if the Borrower is the sole owner (or other owner is non-borrowing spouse) of the company and the company's CPA provides a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis) may be used for down payment and reserves.  File is not documented with either acceptable document therefore the funds were not included as available assets.       Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-03-02): XXXXX
03/02/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79156922 35807237     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $6,400.00 are insufficient to meet cash to close of $80,891.82.  Business funds are being used to purchase the subject property. Per guidelines Funds from a business account (if the Borrower is the sole owner (or other owner is non-borrowing spouse) of the company and the company's CPA provides a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis) may be used for down payment and reserves.  File is not documented with either acceptable document therefore the funds were not included as available assets.       Reviewer Comment (2026-03-02): XXXXX
03/02/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79156922 35807239     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   CPA letter is in file, but it contains no statement indicating withdrawal of the funds will not negatively impact the business.       Reviewer Comment (2026-03-02): XXXXX
03/02/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79156922 35807258     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared. Due to business funds being inadequately documented.       Reviewer Comment (2026-03-02): XXXXX
03/02/2026     1 C A B A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79156922 35807259     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing the asset guideline components, the loan is at ATR risk. Due to business funds being inadequately documented.       Reviewer Comment (2026-03-02): XXXXX
03/02/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73282583 35830057     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure XX/XX/XX on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. TRID Final Closing Disclosure XX/XX/XX on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2.       Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-02-27): XXXXX
03/02/2026     1 C A C A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77444235 35760112     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $293.20 exceeds tolerance of $200.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report Fee was disclosed as $200.00 on LE but disclosed as $293.20 in Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $93.20, 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 (2026-02-09): XXXXX
  02/09/2026   1 A A A A   IL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77444235 35760234     Compliance TRID Document Error TRID Loan Estimate: Dates are not in chronological order. - Issue Date: ___; Received Date: ___; Signed Date: ___ Loan Estimate: Dates are not in chronological order. Date Issued should be prior to Date Received and Date Received should be prior to Signed Date.       Reviewer Comment (2026-02-13): XXXXX


Seller Comment (2026-02-12): XXXXX
02/13/2026     1 B A B A   IL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75517683 35749069     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 6.25721% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $68,435.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $32,810.96 (an overage of $35,624.04 or 3.25721%). XXXXX Points and Fees exceed allowable threshold by $35,624.04 or 3.25721%.             02/10/2026 2 B B B B   FL Second Home Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73020199 35838831     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/20/2026 2 B B B B   NC Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73020199 35838832     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/20/2026 2 B B B B   NC Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72908654 36071210     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.00271% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,289.22 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,285.34 (an overage of $3.88 or .00271%). XXXXX Points and Fees exceed allowable threshold by $3.88 or .00271%.             03/18/2026 2 B B B B   WI Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72908654 36071215     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 Loan Discount Points.  Fee Amount of $2,649.22 exceeds tolerance of $1,490.00.  $1,159.22 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Points Fee was last disclosed as $1,490.00 on LE but disclosed as $2,649.22 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $1,159.22, 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 (2026-03-19): XXXXX


Seller Comment (2026-03-19): XXXXX
03/19/2026     1 C A C A   WI Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77141831 35939244     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-02-27): XXXXX
  02/27/2026   1 A A A A   TX Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77141831 35939320     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-17): XXXXX


Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-11): XXXXX


Seller Comment (2026-03-09): XXXXX
03/17/2026     1 C A B A   TX Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77141831 35939321     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-17): XXXXX


Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-11): XXXXX


Seller Comment (2026-03-09): XXXXX
03/17/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77141831 35970470     Credit Missing Document General Missing Document Missing Document: Account Statements - Business not provided   Missing 2 months business bank statements required for use of personal bank statements. The loan does qualify for use of comingled funds, but the qualifying income would need to be recalculated using a 50% expense ratio or other verified expense ratio.       Reviewer Comment (2026-03-17): XXXXX


Seller Comment (2026-03-13): XXXXX


Reviewer Comment (2026-03-12): XXXXX


Seller Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-09): XXXXX


Seller Comment (2026-03-09): XXXXX
03/17/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72931441 36166547     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $100.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was  last disclosed as $0.00 on LE but disclosed as $100.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-27): XXXXX
  03/27/2026   1 A A A A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72931441 36166548     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $101.62 exceeds tolerance of $100.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report Fee was  last disclosed as $100.00 on LE but disclosed as $101.62 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-27): XXXXX
  03/27/2026   1 A A A A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72931441 36166643     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.93332% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $13,326.30 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $8,103.85 (an overage of $5,222.45 or 1.93332%). XXXXX Points and Fees exceed allowable threshold by $5,222.45 or 1.93332%.             03/31/2026 2 B B B B   FL Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73720575 36037941     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of  $47,488.24 is less than Cash From Borrower $120,267.68.       Reviewer Comment (2026-03-16): XXXXX
03/16/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73720575 36038194     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Evidence of Access to Business Funds for Account # XXXXX - If the Borrower is the sole owner of the company, a CPA letter indicating withdrawal of the funds will not negatively impact the business is required if funds are used for down payment and reserves., However it is missing in the file.       Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-16): XXXXX
03/16/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73720575 36038198     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Evidence of Access to Business Funds for Account # XXXXX- If the Borrower is the sole owner of the company, a CPA letter indicating withdrawal of the funds will not negatively impact the business is required if funds are used for down payment and reserves., However it is missing in the file.       Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-16): XXXXX
03/16/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73720575 36038209     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.       Reviewer Comment (2026-03-16): XXXXX
03/16/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73720575 36038210     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. Total fees financed by lender is $17,103.91.  Threshold maximum is $14,118.64. Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from Finance Charge as required resulting in false higher threshold calculation.

17,103.91 (an overage of $14,118.64
      Reviewer Comment (2026-03-16): XXXXX
03/16/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73720575 36038211     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.       Reviewer Comment (2026-03-16): XXXXX
03/16/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73720575 36038212     Compliance Compliance Federal Compliance Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.47437% is in excess of the allowable maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $31,222.55 on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $2,705.52 or .47437%).  Non-Compliant High Cost Loan. Points and Fees on subject loan of 5.47639% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $31,222.55 on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $2,716.02 or .47639%). Non-Compliant High Cost Loan.       Reviewer Comment (2026-03-16): XXXXX
03/16/2026     1 C A C A   CA Primary Purchase (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73720575 36038213     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. Borrower did not receive pre-loan counseling.       Reviewer Comment (2026-03-16): XXXXX
03/16/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73720575 36038214     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.47437% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $31,222.55 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $17,110.21 (an overage of $14,112.34 or 2.47437%). XXXXX Points and Fees exceed allowable threshold by $14,118.64 or 2.47639%.             03/13/2026 2 B B B B   CA Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73720575 36038275     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2026-03-16): XXXXX
03/16/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73720575 36038303     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-16): XXXXX
03/16/2026     1 C A B A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73720575 36038304     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-16): XXXXX
03/16/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74221616 35829985     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Mortgage Insurance Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed a mortgage insurance payment for payment stream 1 that does not match the actual payment for the loan. Final Closing Disclosure provided on XX/XX/XX disclosed a mortgage insurance payment for payment stream 1 that does not match the actual payment for the loan       Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-09): XXXXX
  03/10/2026   2 C B C B   TX Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74221616 35829986     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Projected P&I Min Payment Fixed Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed a periodic principal and interest payment for payment stream 2 that does not match the actual payment for the loan. Final Closing Disclosure provided on XX/XX/XX disclosed a periodic principal and interest payment for payment stream 2 that does not match the actual payment for the loan.       Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-09): XXXXX
  03/10/2026   2 C B C B   TX Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74221616 35829999     Credit Missing Document General Missing Document Missing Document: Account Statements - Business not provided   File is missing Business Bank Account Statement #XXXXX for Month XXXXX till XXXXX.       Reviewer Comment (2026-03-04): XXXXX


Seller Comment (2026-03-03): XXXXX


Reviewer Comment (2026-02-27): XXXXX


Seller Comment (2026-02-27): XXXXX
03/04/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74221616 35830019     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $54,881.17 are insufficient to meet cash to close of  $62,609.58.Final 1008 reflects $91,896.16 verified, however, file is missing Bank statement from file       Reviewer Comment (2026-02-27): XXXXX


Seller Comment (2026-02-27): XXXXX
02/27/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74221616 35830025     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - File is missing Business Bank Account Statement #XXXXX for months XXXXX till XXXXX.       Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-12): XXXXX


Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-09): XXXXX


Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-05): XXXXX


Reviewer Comment (2026-03-04): XXXXX


Reviewer Comment (2026-02-27): XXXXX


Seller Comment (2026-02-27): XXXXX
03/13/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74221616 35830301     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.       Reviewer Comment (2026-03-13): XXXXX
03/13/2026     1 C A B A   TX Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74221616 35830302     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-03-13): XXXXX
03/13/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74221616 35830304     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 3.00.       Reviewer Comment (2026-02-27): XXXXX
02/27/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71106494 35860475     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.16085% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $19,833.75 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $18,824.46 (an overage of $1,009.29 or .16085%). XXXXX Points and Fees exceed allowable threshold by $1,009.29 or .16085%.             02/24/2026 2 B B B B   FL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71106494 35860500     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $950.00 exceeds tolerance of $870.00.  Sufficient or excess cure was provided to the borrower at Closing. 0% tolerance was exceeded by -$80.00 due to increase in Appraisal Fee. However, the File does contain the Cure in the amount of $203.60 which is sufficient.       Reviewer Comment (2026-02-20): XXXXX
  02/20/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71106494 35860501     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. 0% tolerance was exceeded by -$123.60 due to increase in Second Appraisal Fee. However, the File does contain the Cure in the amount of $203.60 which is sufficient.       Reviewer Comment (2026-02-20): XXXXX
  02/20/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76199172 35708882     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/05/2026 2 B B B B   DC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76199172 35708883     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.40958% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $16,162.48 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $14,220.93 (an overage of $1,941.55 or .40958%). XXXXX Points and Fees exceed allowable threshold by $1,941.55 or .40958%.             02/05/2026 2 B B B B   DC Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76199172 35708884     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $474,231.29 is over disclosed by $200.00 compared to the calculated Amount Financed of $474,031.29 and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX). Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $474,231.29 is over disclosed by $200.00 compared to the calculated Amount Financed of $474,031.29 and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX). (Final/XX/XX/XX)       Reviewer Comment (2026-02-19): XXXXX


Seller Comment (2026-02-19): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Reviewer Comment (2026-02-09): XXXXX


Seller Comment (2026-02-06): XXXXX
02/19/2026     1 C A C A   DC Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76199172 35708885     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of $689,320.38 is under disclosed by $200.00 compared to the calculated Finance Charge of $689,520.38 which exceeds the $100.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX). Finance Charge disclosed is $689,320.38.  Calculated finance charge is $689,520.38 .Variance of $200.  Based on review of Lender's compliance report, fee was not included in finance charge calculation. TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable       Reviewer Comment (2026-02-19): XXXXX


Seller Comment (2026-02-19): XXXXX


Reviewer Comment (2026-02-09): XXXXX


Seller Comment (2026-02-06): XXXXX
02/19/2026     1 C A C A   DC Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77742886 36081816     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $211,643.71 is over disclosed by $275.00 compared to the calculated Amount Financed of $211,368.71 and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX). Finance Charge disclosed is $211,368.71. Calculated finance charge is $211,643.71. Variance of $275.00. Based on review of Lender's compliance report was not included in finance charge calculation. TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for under disclosed amount, Corrected CD, and Re-open Rescission if Applicable. Due to the Title - Remote Closing fee.       Reviewer Comment (2026-04-02): XXXXX


Seller Comment (2026-04-01): XXXXX
  04/02/2026   2 C B C B   FL Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77742886 36081817     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of $295,485.70 is under disclosed by $275.00 compared to the calculated Finance Charge of $295,760.70 which exceeds the $100.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX). Finance Charge disclosed is $295,760.70. Calculated finance charge is $295,485.70. Variance of -$275.00. Based on review of Lender's compliance report was not included in finance charge calculation. TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for under disclosed amount, Corrected CD, and Re-open Rescission if Applicable. Due to the Title - Remote Closing fee.       Reviewer Comment (2026-04-02): XXXXX


Seller Comment (2026-04-01): XXXXX
  04/02/2026   2 C B C B   FL Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70119174 35733734     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - File is missing a reliable Third-Party verification document of the Borrowers self-employed  business.       Reviewer Comment (2026-03-04): XXXXX


Seller Comment (2026-03-04): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Seller Comment (2026-02-18): XXXXX


Reviewer Comment (2026-02-12): XXXXX


Seller Comment (2026-02-12): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Seller Comment (2026-02-10): XXXXX
03/04/2026     1 C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70119174 35733751     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. File is missing a reliable Third-Party verification document of the Borrowers self-employed XXXXX business.       Reviewer Comment (2026-03-04): XXXXX
03/04/2026     1 C A B A   GA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70119174 35733752     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. File is missing a reliable Third-Party verification document of the Borrowers self-employed XXXXX business.       Reviewer Comment (2026-03-04): XXXXX
03/04/2026     1 C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76728160 35954017     Compliance Compliance State Compliance State Defect XXXXX SB 1894 XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording. Certificate of Compliance or Exemption not attached to mortgage for recording.       Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-06): XXXXX
03/10/2026     1 C A C A   IL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76728160 35954018     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $1,552,884.45 is over disclosed by $120.00 compared to the calculated Amount Financed of $1,552,764.45 and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX). Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $1,552,884.45 is over disclosed by $120.00 compared to the calculated Amount Financed of $1,552,764.45 and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX).       Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-12): XXXXX


Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-09): XXXXX
03/13/2026     1 C A C A   IL Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76728160 35954019     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of $2,043,102.67 is under disclosed by $120.00 compared to the calculated Finance Charge of $2,043,222.67 which exceeds the $100.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX). Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $2,043,102.67 is under disclosed by $120.00 compared to the calculated Finance Charge of $2,043,222.67 which exceeds the $100.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX).       Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-12): XXXXX


Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-09): XXXXX
03/13/2026     1 C A C A   IL Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76728160 35954020     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-03-09): XXXXX


Seller Comment (2026-03-06): XXXXX
03/09/2026     1 C A C A   IL Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76126928 35858727     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. Evidence of earlier borrower receipt was not found in file.       Reviewer Comment (2026-02-26): XXXXX


Seller Comment (2026-02-25): XXXXX
02/26/2026     1 C A C A   CA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73242402 35924814     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $3,773.00 exceeds tolerance of $3,350.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-02-26): XXXXX
  02/26/2026   1   A   A   NY Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73511856 35822348     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $123.60 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-16): XXXXX
  02/16/2026   1 A A A A   MI Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73511856 35822358     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    02/18/2026 2 B B B B   MI Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73193592 35858274     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $254.00 exceeds tolerance of $250.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report Fee was disclosed as $250.00 on LE but disclosed as $254.00 in Final Closing Disclosure. Sufficient or Excess cure was provided to the borrower at closing.       Reviewer Comment (2026-02-20): XXXXX
  02/20/2026   1 A A A A   FL Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76367064 35856233     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 Loan Discount Points.  Fee Amount of $4,161.60 exceeds tolerance of $3,600.00.  $561.60 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Points Fee was last disclosed as $3,600.00 on LE but disclosed as $4,161.60 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $561.60, 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 (2026-03-03): XXXXX
03/03/2026     1 C A C A   PA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71872775 35835176     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-02-17): XXXXX
  02/17/2026   1 A A A A   VA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70833218 35789911     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $1,058,498.47 is over disclosed by $335.00 compared to the calculated Amount Financed of $1,058,163.47 and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX). Finance Charge disclosed is $1,058,163.47.  Calculated finance charge is $1,058,498.47.  Variance of $335.00.  Based on review of Lender's compliance report, $335.00 fee was not included in finance charge calculation. TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for under disclosed amount, Corrected CD, and Re-open Rescission if Applicable       Reviewer Comment (2026-03-19): XXXXX
  03/19/2026   2 C B C B   AZ Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70833218 35789912     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of $1,291,545.43 is under disclosed by $335.00 compared to the calculated Finance Charge of $1,291,880.43 which exceeds the $100.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX). Finance Charge disclosed is $1,291,880.43.  Calculated finance charge is $1,291,545.43.  Variance of -$335.00.  Based on review of Lender's compliance report, -$335.00 fee was not included in finance charge calculation. TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for under disclosed amount, Corrected CD, and Re-open Rescission if Applicable       Reviewer Comment (2026-03-19): XXXXX
  03/19/2026   2 C B C B   AZ Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70833218 35789914     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 $5,686.50 exceeds tolerance of $4,097.00 plus 10% or $4,506.70.  $1,179.80 over legal limit.  Insufficient or no cure was provided to the borrower. 10% tolerance was exceeded by $5,686.50
 due to increase of recording fee. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $1,179.80, 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 (2026-03-11): XXXXX
03/11/2026     1 C A C A   AZ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70833218 35789937     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - K-1 is missing from the file.       Reviewer Comment (2026-03-12): XXXXX


Reviewer Comment (2026-03-10): XXXXX
03/12/2026     1 C A C A   AZ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70833218 35791013     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared. Due to missing K-1.       Reviewer Comment (2026-03-27): XXXXX


Buyer Comment (2026-03-26): XXXXX


Reviewer Comment (2026-03-19): XXXXX


Reviewer Comment (2026-03-12): XXXXX
03/27/2026     1 C A B A   AZ Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70833218 35791014     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing the income guideline components, the loan is at ATR risk.       Reviewer Comment (2026-03-27): XXXXX


Buyer Comment (2026-03-26): XXXXX


Reviewer Comment (2026-03-19): XXXXX


Reviewer Comment (2026-03-12): XXXXX
03/27/2026     1 C A C A   AZ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70833218 36099248     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. Calculated investor qualifying total debt ratio of 53.86088% exceeds Guideline total debt ratio of 50.00000%. Borrower qualified under alternative document program per guidelines section 103.2 and max DTI allowed per guidelines is 50%. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-27): XXXXX


Buyer Comment (2026-03-26): XXXXX
    03/27/2026 2   B   B   AZ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70833218 36099291     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank XXXXX): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 53.86088% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)   Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-27): XXXXX


Buyer Comment (2026-03-26): XXXXX
    03/27/2026 2   B   B   AZ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70655586 35927585     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $367.90 exceeds tolerance of $245.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-02-26): XXXXX
  02/26/2026   1 A A A A   TX Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70655586 35927679     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Verified assets in the amount of $50,979.42 are insufficient to meet reserves requirement of $41,254.72 Final 1008 reflects $57,680.42 verified, however, assets short $6,701.00. No additional asset verification provided.       Reviewer Comment (2026-03-12): XXXXX


Seller Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-06): XXXXX
03/12/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70655586 35927973     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-12): XXXXX


Seller Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-06): XXXXX
03/12/2026     1 C A B A   TX Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70655586 35927974     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Insufficient Assets.       Reviewer Comment (2026-03-12): XXXXX


Seller Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-04): XXXXX
03/12/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72710411 36015500     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-10): XXXXX
  03/10/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77488100 35945083     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.13376% or Final Disclosure APR of 9.54400% is equal to or greater than the threshold of APOR 6.13% + 1.5%, or 7.63000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 9.13376% or Final Disclosure APR of 9.54400% is equal to or greater than the threshold of APOR 6.13% + 1.5%, or 7.63000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-03-05): XXXXX
03/05/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77488100 35945084     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-03-05): XXXXX
03/05/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77488100 35984481     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 XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower 3 business days prior to closing was not provided.       Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-06): XXXXX
    03/11/2026 2   B   B   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75793038 35758922     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             02/11/2026 2 B B B B   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75793038 35758923     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.05302% or Final Disclosure APR of 9.28500% is equal to or greater than the threshold of APOR 6.25% + 1.5%, or 7.75000%.  Non-Compliant Higher Priced Mortgage Loan. HPML requirements not met. Two appraisals not being completed and/or provided to the borrower within 3 business days of closing on a HPML loan.       Reviewer Comment (2026-04-06): XXXXX


Reviewer Comment (2026-04-03): XXXXX


Seller Comment (2026-04-01): XXXXX


Reviewer Comment (2026-03-30): XXXXX


Seller Comment (2026-03-26): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-24): XXXXX
04/06/2026     1 C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75793038 35758924     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Flipped Property - Did Not Obtain 2 Appraisals) TILA HPML Appraisal Rule  (Dodd-Frank XXXXX): Flipped Property - Creditor did not obtain two (2) written appraisals. Flipped Property - Creditor did not obtain two (2) written appraisals.       Reviewer Comment (2026-04-03): XXXXX


Seller Comment (2026-04-01): XXXXX


Reviewer Comment (2026-03-30): XXXXX


Seller Comment (2026-03-26): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-24): XXXXX


Seller Comment (2026-03-23): XXXXX


Reviewer Comment (2026-03-20): XXXXX


Seller Comment (2026-03-20): XXXXX
04/03/2026     1 C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75793038 35758925     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Seller Comment (2026-04-01): XXXXX


Reviewer Comment (2026-04-01): XXXXX


Seller Comment (2026-03-31): XXXXX


Reviewer Comment (2026-03-27): XXXXX


Seller Comment (2026-03-26): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-24): XXXXX


Reviewer Comment (2026-03-23): XXXXX


Seller Comment (2026-03-23): XXXXX
04/01/2026     1 C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75793038 35758926     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.74377% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,672.42 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $6,949.48 (an overage of $1,722.94 or .74377%). XXXXX Points and Fees exceed allowable threshold by $1,722.94 or .74377%.             02/11/2026 2 B B B B   GA Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75793038 36207199     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 XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower 3 business days prior to closing was not provided.       Reviewer Comment (2026-04-01): XXXXX
04/01/2026     1   A   A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75793038 36231760     Compliance Compliance Federal Compliance Federal HPML TIL HPML Appraisal Not Obtained Prior to Closing Test TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Appraisal not obtained prior to consummation. Appraisal not obtained prior to consummation.       Reviewer Comment (2026-04-06): XXXXX
04/06/2026     1   A   A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75793038 36231761     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation       Reviewer Comment (2026-04-06): XXXXX
04/06/2026     1   A   A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78197609 35989635     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 XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-03-19): XXXXX


Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-11): XXXXX
    03/19/2026 2 B B B B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74271703 35948574     Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial 1003   The file was missing a copy of the Lender's Initial 1003.       Reviewer Comment (2026-03-09): XXXXX


Seller Comment (2026-03-06): XXXXX
03/09/2026     1 B A B A   MA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74271703 35948618     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Appraisal report dated XX/XX/XX was received XX/XX/XX with note date of XX/XX/XX missing evidence of waiver.             03/04/2026 2 B B B B   MA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74271703 35948619     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Appraisal report dated XX/XX/XX was received XX/XX/XX with note date of XX/XX/XX missing evidence of waiver.             03/04/2026 2 B B B B   MA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74271703 35948620     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Appraisal report dated XX/XX/XX was received XX/XX/XX with note date of XX/XX/XX missing evidence of waiver.             03/04/2026 2 B B B B   MA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74271703 35948621     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Appraisal report dated XX/XX/XX was received XX/XX/XX with note date of XX/XX/XX missing evidence of waiver.             03/04/2026 2 B B B B   MA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74271703 35948623     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $106.00 exceeds tolerance of $70.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit report Fee was last disclosed as $70.00 on LE but disclosed as $106.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.       Reviewer Comment (2026-03-02): XXXXX
  03/02/2026   1 A A A A   MA Primary Refinance - Rate/Term Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73738445 35927689     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 Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  $92.70 over legal limit.  Insufficient or no cure was provided to the borrower. Second Appraisal Fee was last disclosed as $0 on Loan Estimate but disclosed as $92.70 on the Final Closing Disclosure. No valid change of circumstance, sufficient or excess cure was proved to the borrower at Closing.       Reviewer Comment (2026-03-04): XXXXX


Seller Comment (2026-03-03): XXXXX
03/04/2026     1 C A C A   NC Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79564040 36035597     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrow Costs Year 1 Underdisclosed - XXXXX TILA-RESPA Integrated Disclosure - Loan Disclosures: Non Escrowed Property Costs over Year 1 of 0.00 on Final Closing Disclosure provided on XX/XX/XX are underdisclosed. Loan Disclosures: Non Escrowed Property Costs over Year 1 of 0.00 on Final Closing Disclosure provided on XX/XX/XX are under disclosed. Due to HOA fee not being accounted for.       Reviewer Comment (2026-03-18): XXXXX


Seller Comment (2026-03-17): XXXXX
  03/18/2026   2 C B C B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79766180 35869328     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/25/2026 2 B B B B   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79766180 35869351     Compliance Compliance Federal Compliance TRID Defect TRID Interim Closing Disclosure Timing Regular APR Change TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure issued on XX/XX/XX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. Closing Disclosure issued on XX/XX/XX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation.       Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-03-04): XXXXX


Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-02-27): XXXXX
03/05/2026     1 C A C A   TN Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73090086 35893667     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.04303% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $28,195.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $27,796.29 (an overage of $398.71 or .04303%).               02/26/2026 2 B B B B   CA Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75634722 36065307     Credit Title Document Error Title The Commitment or Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
  Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    03/13/2026 2 B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76371771 36103099     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.57240% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $11,943.21 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $10,029.56 (an overage of $1,913.65 or .57240%). XXXXX Points and Fees exceed allowable threshold by $1,913.65 or .57240%.             03/24/2026 2 B B B B   FL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78249790 35973275     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $327.00 exceeds tolerance of $300.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $327.00 exceeds tolerance of $300.00. Sufficient cure was provided to the borrower at Closing. (8304)       Reviewer Comment (2026-03-05): XXXXX
  03/05/2026   1 A A A A   AL Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73238003 35922061     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/27/2026 2 B B B B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73238003 35922062     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided             02/27/2026 2 B B B B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73238003 35922063     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-24): XXXXX
03/24/2026     1 C A B A   FL Primary Purchase Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73238003 35922064     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - S-Corp Test Ability-to-Repay (Dodd-Frank XXXXX): Unable to verify current S-Corp status due to most recent Tax Return end date is older than 120 days before Closing Date, and one of these docs is required yet missing:  Audited/Third Party P&L, CPA Letter, or other Third Party Verification. Unable to verify current S-Corp status due to most recent Tax Return end date is older than 120 days before Closing Date, and one of these docs is required yet missing: Audited/Third Party P&L, CPA Letter, or other Third Party Verification.       Reviewer Comment (2026-03-24): XXXXX


Reviewer Comment (2026-03-19): XXXXX


Seller Comment (2026-03-19): XXXXX


Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-11): XXXXX


Seller Comment (2026-03-09): XXXXX


Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-04): XXXXX
03/24/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73238003 35922065     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-24): XXXXX
03/24/2026     1 A A A A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73238003 35922066     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-03-03): XXXXX


Seller Comment (2026-03-02): XXXXX
03/03/2026     1 C A C A   FL Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73238003 35922068     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $753.50 exceeds tolerance of $619.00 plus 10% or $680.90.  Sufficient or excess cure was provided to the borrower at Closing. Ten Percent Fee Tolerance exceeded. Total amount of $753.50 exceeds tolerance of $619.00 plus 10% or $680.90. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-25): XXXXX
  02/25/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76828428 35936422     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.07810% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,716.25 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $7,883.26 (an overage of $2,832.99 or 1.07810%). XXXXX Points and Fees exceed allowable threshold by $2,832.99 or 1.07810%.             03/03/2026 2 B B B B   TX Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76828428 35936432     Credit Credit Credit Documentation Missing Document  Missing Document: Credit Report not provided   Credit Report is missing from the file.       Reviewer Comment (2026-03-05): XXXXX
03/05/2026     1 D A D A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76828428 35936454     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.       Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-03-05): XXXXX
03/05/2026     1 C A B A   TX Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76828428 35936455     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-03-05): XXXXX
03/05/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71811229 35974217     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/09/2026 2 B B B B   MS Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71811229 36009033     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 XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-09): XXXXX
    03/11/2026 2 B B B B   MS Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79442791 35857457     Compliance Compliance State Compliance State HPML (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) XXXXX Higher-Priced Mortgage Loan:  Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for.         Reviewer Comment (2026-03-05): XXXXX


Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-02-25): XXXXX
    03/05/2026 2 B B B B   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79442791 35857459     Compliance Compliance State Compliance State HPML XXXXX HPML Threshold Test Non-Compliant XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 9.43163% or Final Disclosure APR of 9.83000% is equal to or greater than the threshold of APOR 6.13% + 1.5%, or 7.63000%.  Non-Compliant Higher Priced Loan. APR on subject loan of 9.43163% or Final Disclosure APR of 9.83000% is equal to or greater than the threshold of APOR 6.13% + 1.5%, or 7.63000%.       Reviewer Comment (2026-03-05): XXXXX
    03/05/2026 2 B B B B   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76989064 35956187     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower. Creditor did not provide List of Homeownership Counseling Organizations to borrower.             03/05/2026 2 B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76989064 35956196     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    03/05/2026 2 B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72611339 36073887     Credit Loan Package Documentation Application / Processing Loan Package Documentation Mismatch of data related to Occupancy. - Final 1003 indicates borrower will occupy property as Primary residence. However, subject property is a second home.       Reviewer Comment (2026-03-23): XXXXX
03/23/2026     1 C A C A   AZ Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76682594 35966628     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-27): XXXXX


Seller Comment (2026-03-26): XXXXX


Reviewer Comment (2026-03-17): XXXXX


Seller Comment (2026-03-17): XXXXX
    03/27/2026 2 C B C B   IN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76682594 35966686     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 2.10 is less than Guideline PITIA months reserves of 3.00.       Reviewer Comment (2026-03-27): XXXXX


Seller Comment (2026-03-26): XXXXX


Reviewer Comment (2026-03-17): XXXXX


Seller Comment (2026-03-17): XXXXX
03/27/2026     1 C A C A   IN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76682594 35966700     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-27): XXXXX


Reviewer Comment (2026-03-19): XXXXX


Seller Comment (2026-03-17): XXXXX
03/27/2026     1 C A C A   IN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76682594 35968581     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-03-27): XXXXX


Seller Comment (2026-03-26): XXXXX


Reviewer Comment (2026-03-19): XXXXX


Seller Comment (2026-03-17): XXXXX
03/27/2026     1 C A B A   IN Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78742730 36046573     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/16/2026 2 B B B B   ID Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78742730 36046632     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - The file is missing documentation confirming the condo project is warrantable.       Reviewer Comment (2026-04-13): XXXXX


Reviewer Comment (2026-04-03): XXXXX
04/13/2026     1 C A C A   ID Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78742730 36072469     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.               03/16/2026 2 B B B B   ID Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36156364     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Purchase Agreement / Sales Contract not provided   The file was missing a copy of the Purchase contract.       Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 D A D A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36156370     Credit Credit Credit Documentation Missing Document  Missing Document: Credit Report not provided   The file was missing a copy of the credit report.       Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 D A D A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36156376     Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided   The file was missing a copy of the flood certificate.       Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36156378     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   The file was missing a copy of the appraisal report.       Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 D A D A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36156471     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the property must be re-inspected on or after XX/XX/XX declared end date.       Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36156793     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - The file was missing a copy of the business bank statements for months of XXXXX, XXXXX, XXXXX, XXXXX and XXXXX.       Reviewer Comment (2026-04-01): XXXXX


Reviewer Comment (2026-03-31): XXXXX
04/01/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36157042     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Appraisal is missing. Sec ID: 1   The file was missing a copy of the appraisal report.       Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 D A D A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36157201     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.49834% or Final Disclosure APR of 8.50900% is equal to or greater than the threshold of APOR 6.13% + 1.5%, or 7.63000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 8.49834% or Final Disclosure APR of 8.50900% is equal to or greater than the threshold of APOR 6.13% + 1.5%, or 7.63000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36157202     Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule (Dodd-Frank XXXXX): Safe Harbor requirements not satisfied. Safe Harbor requirements not satisfied.       Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 B A B A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36157203     Compliance Compliance Federal Compliance Federal HPML TIL HPML Appraisal Not Obtained Prior to Closing Test Unable to determine compliance with timely delivery of valuation to borrower due to missing information. Unable to determine compliance with timely delivery of valuation to borrower due to missing information.       Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36157342     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Appraisal - Did Not Physically Visit) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Appraisal not performed by a certified or licensed appraiser who conducted a physical visit to the property.         Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36157344     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Appraisal Flipped Property Missing Information Last Sales Price or Last Sales Date from the Primary Valuation or Contract Sales Price or Contract Sales Date are missing. Unable to determine compliance with TIL HPML Flipped Property Requirements.         Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36157345     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 C A B A   TX Primary Purchase Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71424112 36157346     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Credit History Ability to Repay (Dodd-Frank XXXXX): Unable to verify debt obligations using reasonably reliable third-party records. Unable to verify debt obligations using reasonably reliable third-party records.       Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36157348     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 A A A A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36157358     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 2.76 is less than Guideline PITIA months reserves of 3.00.       Reviewer Comment (2026-04-02): XXXXX


Reviewer Comment (2026-04-01): XXXXX
04/02/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36157359     Credit Credit Credit Calculation / Analysis Guideline Guideline Requirement: Representative FICO score discrepancy.   The file was missing a copy of the credit report.       Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36158721     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-04-02): XXXXX
04/02/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36195890     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2026-04-01): XXXXX
04/01/2026     1   A   A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71424112 36196010     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-04-02): XXXXX
04/02/2026     1   A   A   TX Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76917707 35926497     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $123.60 on Final Closing Disclosure. Sufficient cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-26): XXXXX
  02/26/2026   1 A A A A   TX Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76917707 35926498     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $180.96 exceeds tolerance of $135.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report Fee was last disclosed as $135.00 on LE but disclosed as $180.96 on Final Closing Disclosure. Sufficient cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-26): XXXXX
  02/26/2026   1 A A A A   TX Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76917707 35926527     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Tax Verification is not provided in the file.       Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-05): XXXXX
03/06/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78075970 36081954     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $773.38 exceeds tolerance of $692.00 plus 10% or $761.20.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-17): XXXXX
  03/17/2026   1 A A A A   TX Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79321765 35944015     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $123.60 on Final Closing Disclosure. File does not contain a valid COC for this fee, However evidence of cure in file in the amount of $124.60.       Reviewer Comment (2026-03-02): XXXXX
  03/02/2026   1 A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79321765 35944016     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $133.00 exceeds tolerance of $132.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report Fee was last disclosed as $132.00.00 on LE but disclosed as $133.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, However evidence of cure in file in the amount of $124.60.       Reviewer Comment (2026-03-02): XXXXX
  03/02/2026   1 A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79553450 35948592     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $725.00 exceeds tolerance of $625.00.  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Fee was  last disclosed as $625.00 on LE but disclosed as $725.00 on Final Closing Disclosure.  File does contain a valid COC for this fee in the amount of $100.00 which is sufficient.       Reviewer Comment (2026-03-02): XXXXX
  03/02/2026   1 A A A A   TX Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70760915 35948005     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/04/2026 2 B B B B   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70594853 36121755     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-03-30): XXXXX


Seller Comment (2026-03-27): XXXXX
03/30/2026     1 C A C A   PA Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70594853 36121757     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 Loan Discount Points.  Fee Amount of $12,750.78 exceeds tolerance of $12,370.00.  $380.78 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Points Fee was  last disclosed as $12,370.00 on LE but disclosed as $12,750.78 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $380.78, 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 (2026-03-30): XXXXX


Seller Comment (2026-03-27): XXXXX
03/30/2026     1 C A C A   PA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70594853 36121758     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 Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  $123.60 over legal limit.  Insufficient or no cure was provided to the borrower. Second  Appraisal Fee was  last disclosed as $0.00 on LE but disclosed as $123.60 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-30): XXXXX


Seller Comment (2026-03-27): XXXXX
03/30/2026     1 C A C A   PA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70594853 36121759     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 Transfer Tax.  Fee Amount of $9,535.00 exceeds tolerance of $9,250.00.  $285.00 over legal limit.  Insufficient or no cure was provided to the borrower. Second  Appraisal Fee was  last disclosed as $9,250.00 on LE but disclosed as $9,535.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-30): XXXXX


Seller Comment (2026-03-27): XXXXX
03/30/2026     1 C A C A   PA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70594853 36121776     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - XXXXX Property Tax Verification document is missing in file.       Reviewer Comment (2026-04-02): XXXXX


Seller Comment (2026-04-02): XXXXX
04/02/2026     1 C A C A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70594853 36173914     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure provided at closing.       Reviewer Comment (2026-03-30): XXXXX
  03/30/2026   1   A   A   PA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70594853 36173915     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $9,535.00 exceeds tolerance of $9,250.00.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure provided at closing.       Reviewer Comment (2026-03-30): XXXXX
  03/30/2026   1   A   A   PA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78310722 36016822     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-20): XXXXX


Reviewer Comment (2026-03-18): XXXXX


Seller Comment (2026-03-16): XXXXX
03/20/2026     1 C A B A   CA Primary Purchase Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78310722 36016823     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - W-2 Ability to Repay (Dodd-Frank XXXXX): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. The file was missing a copy of the VVOE document.       Reviewer Comment (2026-03-20): XXXXX


Seller Comment (2026-03-18): XXXXX
03/20/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78310722 36016828     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-20): XXXXX
03/20/2026     1 A A A A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78310722 36016986     Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file. - The file was missing a copy of the verification of employment is required and was not found in file.       Reviewer Comment (2026-03-18): XXXXX
03/18/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78310722 36016987     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - The file was missing a copy of the Verification(s) of employment is not within 10 business days of the Note.       Reviewer Comment (2026-03-20): XXXXX


Reviewer Comment (2026-03-17): XXXXX


Seller Comment (2026-03-16): XXXXX
03/20/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78310722 36029863     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-20): XXXXX
03/20/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75379438 35915694     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.18423% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $11,612.28 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $10,940.42 (an overage of $671.86 or .18423%).               02/27/2026 2 B B B B   FL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75379438 35915697     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. No cure nor COC provided       Reviewer Comment (2026-02-25): XXXXX
  02/25/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75379438 35915698     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $226.00 exceeds tolerance of $200.00.  Sufficient or excess cure was provided to the borrower at Closing. No cure nor COC provided       Reviewer Comment (2026-02-25): XXXXX
  02/25/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76013271 36036662     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    03/13/2026 2 B B B B   IL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79479805 36046081     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.37754% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $15,790.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $10,821.14 (an overage of $4,968.86 or 1.37754%). XXXXX Points and Fees exceed allowable threshold by $4,968.86 or 1.37754%.             03/16/2026 2 B B B B   GA Primary Refinance - Rate/Term LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77395958 35839844     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Partial Payments TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan allows for Partial Payments. In final CD XX/XX/XX, page 4, partial payments section " may accept" & "does not accept" are both completed.       Reviewer Comment (2026-01-05): XXXXX


Buyer Comment (2026-01-02): XXXXX
  01/05/2026   2 C B C B   KS Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77395958 35839845     Credit Guideline Guideline Issue Guideline Missing required Transcripts (1040) and/or W-2 Transcripts. - Missing transcripts for income documentation years provided.       Reviewer Comment (2026-01-07): XXXXX


Buyer Comment (2026-01-07): XXXXX
01/07/2026     1 C A C A   KS Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77395958 35839846     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Pay History not provided   Borrower was living rent free prior to recent primary purchase. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2025-12-29): XXXXX


Buyer Comment (2025-12-29): XXXXX
    12/29/2025 2   B   B   KS Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71924196 35848877     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.67797% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,820.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $8,825.51 (an overage of $1,994.49 or .67797%). XXXXX Points and Fees exceed allowable threshold by $1,994.49 or .67797%.             02/24/2026 2 B B B B   OH Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71924196 35848880     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/24/2026 2 B B B B   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71924196 35848885     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.16943% or Final Disclosure APR of 9.18800% is equal to or greater than the threshold of APOR 6.16% + 1.5%, or 7.66000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 9.16943% or Final Disclosure APR of 9.18800% is equal to or greater than the threshold of APOR 6.16% + 1.5%, or 7.66000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-03-02): XXXXX
03/02/2026     1 C A C A   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71924196 35848888     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-02-24): XXXXX
03/02/2026     1 C A C A   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71924196 35848891     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 XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-03-05): XXXXX


Reviewer Comment (2026-03-02): XXXXX
    03/05/2026 2 B B B B   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71924196 35951176     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.               03/02/2026 2   B   B   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71396648 35973853     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 Abstract / Title Search.  Fee Amount of $250.00 exceeds tolerance of $0.00.  $250.00 over legal limit.  Insufficient or no cure was provided to the borrower. Abstract/Title Search fee was disclosed as $0.00 on LE but disclosed as $250.00 in Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $250.00, 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 (2026-03-17): XXXXX


Seller Comment (2026-03-16): XXXXX


Reviewer Comment (2026-03-12): XXXXX


Seller Comment (2026-03-10): XXXXX
03/17/2026     1 C A C A   MI Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71396648 35973855     Compliance Compliance State Compliance Misc. State Level XXXXX CMPA Home Loan Toolkit Timing XXXXX Consumer Mortgage Protection Act:  Home Loan Toolkit not provided to borrower within three (3) business days of application. Home Loan Toolkit not provided to borrower within three (3) business days of application.       Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-10): XXXXX
    03/11/2026 2 B B B B   MI Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77886295 36034675     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Calculated PITIA months reserves of 8.38 is less than Guideline PITIA months reserves of 9.00. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-17): XXXXX


Buyer Comment (2026-03-17): XXXXX
    03/17/2026 2 C B C B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77886295 36035573     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-17): XXXXX


Buyer Comment (2026-03-17): XXXXX
03/17/2026     1 C A B A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77886295 36035574     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-03-17): XXXXX


Buyer Comment (2026-03-17): XXXXX
03/17/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75246649 36255042     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $575.00 exceeds tolerance of $550.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-08): XXXXX
  04/08/2026   1   A   A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75246649 36255043     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee.  Fee Amount of $220.00 exceeds tolerance of $150.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-08): XXXXX
  04/08/2026   1   A   A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78797682 36196374     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $550.00 exceeds tolerance of $500.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $550.00 exceeds tolerance of $500.00. Sufficient or excess cure was provided to the borrower at Closing in the amount of $50.00.       Reviewer Comment (2026-03-31): XXXXX
  03/31/2026   1 A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78797682 36196615     Credit Title Document Error Title The Commitment or Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    04/02/2026 2 B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78797682 36216737     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Triggered due to proof of receipt of appraisal being received by borrower at least three business days prior to closing was not in file.             04/02/2026 2 B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78797682 36216738     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.94684% or Final Disclosure APR of 8.01100% is equal to or greater than the threshold of APOR 6.10% + 1.5%, or 7.60000%.  Non-Compliant Higher Priced Mortgage Loan. Triggered due to proof of receipt of appraisal being received by borrower at least three business days prior to closing was not in file.       Reviewer Comment (2026-04-10): XXXXX
04/10/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78797682 36216739     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Triggered due to proof of receipt of appraisal being received by borrower at least three business days prior to closing was not in file.       Reviewer Comment (2026-04-10): XXXXX
04/10/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72663931 36073452     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire.  Fee Amount of $556.00 exceeds tolerance of $495.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire Fee. Fee Amount of $556.00 exceeds tolerance of $495.00. Sufficient or excess cure in the amount of $61.00 was provided to the borrower at Closing.       Reviewer Comment (2026-03-16): XXXXX
  03/16/2026   1 A A A A   CA Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72663931 36073454     Credit Title Document Error Title The Commitment or Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    03/18/2026 2 B B B B   CA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76585541 36074980     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification final version of appraisal was received by borrower prior to or at closing was not in file.             03/18/2026 2 B B B B   WA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76585541 36074981     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower at closing was not provided.             03/18/2026 2 B B B B   WA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78878538 35974297     Credit Guideline Guideline Issue Guideline More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.     Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-17): XXXXX


Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-12): XXXXX
    03/17/2026 2 C B C B   MD Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78878538 35974341     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.99561% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $15,965.40 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $11,987.19 (an overage of $3,978.21 or .99561%). XXXXX Points and Fees exceed allowable threshold by $3,978.21 or .99561%.             03/09/2026 2 B B B B   MD Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78878538 35974344     Compliance Compliance State Compliance Misc. State Level Maryland Counseling Agencies Disclosure Not in File XXXXX HB1399 - No evidence of required counseling disclosure language per XXXXX HB 1399. No evidence of required counseling disclosure language per XXXXX HB 1399.       Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-10): XXXXX
03/11/2026     1 B A B A   MD Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78878538 35974345     Compliance Compliance State Compliance State HPML (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) XXXXX Higher-Priced Mortgage Loan:  Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for.       Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-10): XXXXX
03/11/2026     1 B A B A   MD Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78878538 35974346     Compliance Compliance State Compliance State HPML XXXXX HPML Threshold Test Non-Compliant XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 9.44971% or Final Disclosure APR of 9.45000% is equal to or greater than the threshold of APOR 6.10% + 1.5%, or 7.60000%.  Non-Compliant Higher Priced Loan. APR on subject loan of 9.44971% or Final Disclosure APR of 9.45000% is equal to or greater than the threshold of APOR 6.10% + 1.5%, or 7.60000%. Non-Compliant Higher Priced Loan.       Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-10): XXXXX
    03/11/2026 2 B B B B   MD Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78878538 35974347     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-10): XXXXX
03/10/2026     1 C A C A   MD Primary Refinance - Cash-out - Other No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78878538 35974348     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $123.60 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-05): XXXXX
  03/05/2026   1 A A A A   MD Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78878538 35974349     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $132.00 exceeds tolerance of $100.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $132.00 exceeds tolerance of $100.00. Sufficient or excess cure was provided to the borrower at Closing       Reviewer Comment (2026-03-05): XXXXX
  03/05/2026   1 A A A A   MD Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78878538 36042161     Compliance Compliance State Compliance State HPML (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided Timely) XXXXX Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for prior to closing. Newly provided disclosure is dated at closing, earlier dated disclosure not in file.       Reviewer Comment (2026-03-19): XXXXX


Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-12): XXXXX
    03/19/2026 2   B   B   MD Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71031260 36035746     Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial 1003           Reviewer Comment (2026-03-17): XXXXX


Seller Comment (2026-03-16): XXXXX
03/17/2026     1 B A B A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71031260 36035903     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/13/2026 2 B B B B   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71031260 36035904     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.07042% or Final Disclosure APR of 8.06600% is equal to or greater than the threshold of APOR 6.10% + 1.5%, or 7.60000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 8.07042% or Final Disclosure APR of 8.06600% is equal to or greater than the threshold of APOR 6.10% + 1.5%, or 7.60000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-03-27): XXXXX


Seller Comment (2026-03-24): XXXXX


Reviewer Comment (2026-03-18): XXXXX


Seller Comment (2026-03-16): XXXXX
03/27/2026     1 C A C A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71031260 36035905     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-03-27): XXXXX


Seller Comment (2026-03-26): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-24): XXXXX


Reviewer Comment (2026-03-17): XXXXX


Seller Comment (2026-03-16): XXXXX
03/27/2026     1 C A C A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71031260 36035909     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire.  Fee Amount of $504.95 exceeds tolerance of $495.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire. Fee Amount of $504.95 exceeds tolerance of $495.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-11): XXXXX
  03/11/2026   1 A A A A   CA Primary Refinance - Rate/Term Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71031260 36166636     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 XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation.         Reviewer Comment (2026-04-01): XXXXX


Seller Comment (2026-03-30): XXXXX
    04/01/2026 2   B   B   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79486660 36021065     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    03/12/2026 2 B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79486660 36029936     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Waiver Less than 3 Days From Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower provided appraisal waiver less than three (3) business days prior to consummation. Borrower provided appraisal waiver less than three (3) business days prior to consummation.       Reviewer Comment (2026-03-19): XXXXX
    03/19/2026 2 B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73496117 36045450     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.37255% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $29,219.20 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $20,047.26 (an overage of $9,171.94 or 1.37255%). XXXXX Points and Fees exceed allowable threshold by $9,171.94 or 1.37255%.             03/17/2026 2 B B B B   FL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73496117 36045453     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 Loan Origination Fee.  Fee Amount of $19,181.25 exceeds tolerance of $0.00.  $19,181.25 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Origination Fee was last disclosed as $0.00 on LE but disclosed as $19,181.25 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $19,181.25, 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 (2026-03-19): XXXXX


Seller Comment (2026-03-18): XXXXX
03/19/2026     1 C A C A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70800651 36081487     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file is missing a copy of Tax Verification for property XXXXX       Reviewer Comment (2026-03-23): XXXXX
03/23/2026     1 C A C A   TN Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70800651 36081498     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file is missing a copy of Tax Verification for property XXXXX       Reviewer Comment (2026-03-23): XXXXX
03/23/2026     1 C A C A   TN Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76239533 36091026     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Due to loan missing income documentation, loan is failing ATR.       Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 C A B A   FL Primary Purchase Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76239533 36091027     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank XXXXX): Unable to verify current employment status using reasonably reliable third-party records. Third party business verification provided in file is not dated, Business narrative is not signed or dated by the CPA/ tax preparer.       Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76239533 36091028     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. Loan is missing income documentation.       Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 A A A A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76239533 36091033     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Bank statement for account ending in XXXXX reflects two large deposits that were unsourced or explained on XX/XX/XX for $XXXXX and on XX/XX/XX for $XXXXX.  The funds were not included by review and without them the borrower is short funds for reserves.       Reviewer Comment (2026-03-31): XXXXX


Seller Comment (2026-03-30): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-25): XXXXX


Reviewer Comment (2026-03-23): XXXXX


Seller Comment (2026-03-23): XXXXX
03/31/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76239533 36091062     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-03-31): XXXXX
03/31/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78080299 36253078     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $255.00 exceeds tolerance of $105.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report  Fee was last disclosed as $105.00 on LE but disclosed as $255.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-04-07): XXXXX
  04/07/2026   1 A A A A   OH Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76319393 36240752     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $820.00 exceeds tolerance of $800.00.  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Fee was last disclosed as $800.00 on LE but disclosed as $820.00 on Final Closing Disclosure. File does contain a cure in file with the amount $20.00 which is sufficient.       Reviewer Comment (2026-04-06): XXXXX
  04/06/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71847946 35974572     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/09/2026 2 B B B B   OH Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71847946 35974579     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form Notice of Right to Cancel Missing Truth in Lending Act: Notice of Right to Cancel was not provided. Right of Rescission Disclosure is missing from file.       Reviewer Comment (2026-03-18): XXXXX


Seller Comment (2026-03-17): XXXXX
  03/18/2026   2 C B C B   OH Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71847946 36009035     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-30): XXXXX


Buyer Comment (2026-03-27): XXXXX


Reviewer Comment (2026-03-24): XXXXX


Seller Comment (2026-03-20): XXXXX
03/30/2026     1 C A C A   OH Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73294538 36013349     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.25157% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,581.94 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $8,840.60 (an overage of $741.34 or .25157%). XXXXX Points and Fees exceed allowable threshold by $741.34 or .25157%.             03/12/2026 2 B B B B   CA Second Home Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73294538 36013352     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 Loan Discount Points.  Fee Amount of $3,828.82 exceeds tolerance of $796.00.  $3,032.82 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Points Fee was last disclosed as $796.00 on LE but disclosed as $3,828.82 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $3,032.82, 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 (2026-03-17): XXXXX


Seller Comment (2026-03-13): XXXXX
03/17/2026     1 C A C A   CA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76656908 36108364     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.08424% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $14,175.88 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $8,364.60 (an overage of $5,811.28 or 2.08424%). XXXXX Points and Fees exceed allowable threshold by $5,811.28 or 2.08424%.             03/24/2026 2 B B B B   FL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76656908 36108367     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second appraisal fee was last disclosed as $0.00 on LE but disclosed as $123.60 in Final Closing Disclosure. Sufficient or Excess cure was provided to the borrower at closing.       Reviewer Comment (2026-03-20): XXXXX
  03/20/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76656908 36108368     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $3,936.47 exceeds tolerance of $3,736.00.  Sufficient or excess cure was provided to the borrower at Closing. Transfer Tax fee was last disclosed as $3,736.00 on LE but disclosed as $4,060.07 in Final Closing Disclosure. Sufficient or Excess cure was provided to the borrower at closing.       Reviewer Comment (2026-03-20): XXXXX
  03/20/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76656908 36109311     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower Total fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.       Reviewer Comment (2026-03-30): XXXXX


Seller Comment (2026-03-25): XXXXX
03/30/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76656908 36109312     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. Total fees financed by lender is $14,175.88.  Threshold maximum is $13,941.00.       Reviewer Comment (2026-03-30): XXXXX


Seller Comment (2026-03-25): XXXXX
03/30/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76656908 36109313     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.       Reviewer Comment (2026-03-30): XXXXX


Seller Comment (2026-03-25): XXXXX
03/30/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76656908 36109314     Compliance Compliance Federal Compliance Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.08424% is in excess of the allowable maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $14,175.88 on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $234.88 or .08424%).  Non-Compliant High Cost Loan. Total fees financed by lender is $14,175.88.  Threshold maximum is $13,941.00.       Reviewer Comment (2026-03-30): XXXXX


Seller Comment (2026-03-25): XXXXX
03/30/2026     1 C A C A   FL Primary Purchase (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76656908 36109315     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (2015 Counseling Requirement) Truth in Lending Act (HOEPA):  Pre-loan counseling requirements not met. Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status is not located in file.       Reviewer Comment (2026-03-30): XXXXX


Seller Comment (2026-03-25): XXXXX
03/30/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78284695 36091351     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Funds from IRA account were provided to support borrower's funds for closing.  Per guidelines, proof of liquidation and receipt of funds must be provided and was missing from loan file.       Reviewer Comment (2026-03-30): XXXXX


Seller Comment (2026-03-30): XXXXX


Reviewer Comment (2026-03-26): XXXXX


Seller Comment (2026-03-26): XXXXX


Reviewer Comment (2026-03-23): XXXXX


Seller Comment (2026-03-23): XXXXX
03/30/2026     1 C A C A   AZ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77303041 36105620     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower. The file was missing a copy of the Homeownership Counseling  disclosure or proof of the borrower's receipt within 3 days of the application date.             03/24/2026 2 B B B B   NJ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77303041 36105768     Credit Missing Document General Missing Document Incomplete Document: 1003 Final is incomplete   Final 1003 was not signed and dated.       Reviewer Comment (2026-03-26): XXXXX
03/26/2026     1 C A C A   NJ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73267910 36263821     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Qualification Method not Matching ATR Ability to Repay (Dodd-Frank XXXXX): The Qualification Method used by the lender does not match the ATR payment calculation methods under 1026.43(c)(5). The Qualification Method used by the lender does not match the ATR payment calculation methods under 1026.43(c)(5).       Reviewer Comment (2026-04-15): XXXXX
    04/15/2026 2 B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73267910 36263822     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 XX/XX/XX 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. Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XX/XX/XX 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. (Initial/XX/XX/XX)       Reviewer Comment (2026-04-14): XXXXX
04/14/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70309591 36175452     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was  last disclosed as $0.00 on LE but disclosed as $92.70 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-30): XXXXX
  03/30/2026   1 A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70309591 36175453     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $112.50 exceeds tolerance of $105.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report Fee was  last disclosed as $105.00 on LE but disclosed as $112.50 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-30): XXXXX
  03/30/2026   1 A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78403201 36192022     Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided   The file is missing a copy of Flood Certificate Document.       Reviewer Comment (2026-04-03): XXXXX
04/03/2026     1 C A C A   MI Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78403201 36194350     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             04/02/2026 2 B B B B   MI Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71287611 36154498     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account statement Inaccurate RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure. Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.       Reviewer Comment (2026-04-01): XXXXX
    04/01/2026 2 B B B B   CA Primary Refinance - Rate/Term If the IEAD is correct and the CD/HUD is incorrect, we require a corrected PCCD/HUD with LOE to borrower to cure. Signature is not required.
If the CD/HUD is correct and the IEAD is incorrect, we require LOE and corrected IEAD to cure. Signature is not required.
Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71287611 36154502     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $152.00 exceeds tolerance of $125.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report Fee was last disclosed as $125.00 on LE but disclosed as $152.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-26): XXXXX
  03/26/2026   1 A A A A   CA Primary Refinance - Rate/Term Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71287611 36199231     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan).  Fee Amount of $85.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-01): XXXXX
  04/01/2026   1   A   A   CA Primary Refinance - Rate/Term Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77572226 35953610     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/05/2026 2 B B B B   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77572226 35953611     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.45107% or Final Disclosure APR of 8.49700% is equal to or greater than the threshold of APOR 6.06% + 1.5%, or 7.56000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 8.45107% or Final Disclosure APR of 8.49700% is equal to or greater than the threshold of APOR 6.06% + 1.5%, or 7.56000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-03-25): XXXXX
03/25/2026     1 C A C A   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77572226 35953613     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-03-09): XXXXX


Seller Comment (2026-03-09): XXXXX
03/09/2026     1 C A C A   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77572226 35953615     Compliance Compliance State Compliance State HPML (State HPML) Oklahoma Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 8.45107% or Final Disclosure APR of 8.49700% is equal to or greater than the threshold of APOR 6.06% + 1.5%, or 7.56000%.  Compliant Higher Priced Loan. APR on subject loan of 8.45107% or Final Disclosure APR of 8.49700% is equal to or greater than the threshold of APOR 6.06% + 1.5%, or 7.56000%. Compliant Higher Priced Loan.       Reviewer Comment (2026-03-19): XXXXX
    03/19/2026 2 B B B B   OK Primary Purchase No obvious cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77572226 35953617     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $1,045.00 exceeds tolerance of $650.00.  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Fee was last disclosed as $650.00 on LE but disclosed as $1,045.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, evidence of cure in file.       Reviewer Comment (2026-03-03): XXXXX
  03/03/2026   1 A A A A   OK Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77572226 35999800     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower 3 business days prior to closing was not provided.             03/09/2026 2   B   B   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77572226 35999801     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower 3 business days prior to closing was not provided.       Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-24): XXXXX
03/25/2026     1   A   A   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76252665 36168952     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing a copy of HOA Verification ($27.50) for REO #XXXXX       Reviewer Comment (2026-04-01): XXXXX
04/01/2026     1 C A C A   WA Second Home Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78375644 36238354     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.91459% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $13,373.99 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $10,249.32 (an overage of $3,124.67 or .91459%). XXXXX Points and Fees exceed allowable threshold by $3,124.67 or .91459%.             04/08/2026 2 B B B B   CO Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78375644 36238357     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $92.70 exceeds tolerance of $0.00. Sufficient cure was provided to the borrower at Closing.       Reviewer Comment (2026-04-06): XXXXX
  04/06/2026   1 A A A A   CO Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79235763 36106349     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.71836% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $14,485.38 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $9,210.01 (an overage of $5,275.37 or 1.71836%). XXXXX Points and Fees exceed allowable threshold by $5,275.37 or 1.71836%.             03/24/2026 2 B B B B   GA Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79235763 36106352     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $XXXXX exceeds tolerance of $XXXXX.  Sufficient or excess cure was provided to the borrower at Closing. Transfer Tax Fee was last disclosed as $XXXXX on LE but disclosed as $XXXXX on Final Closing Disclosure. Sufficient cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-20): XXXXX
  03/20/2026   1 A A A A   GA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75410304 36082131     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing.   The homeowner's insurance declarations page in the file verified an effective date of XX/XX/XX which is after the consummation date of XX/XX/XX.  Provide a revised homeowner's insurance declaration page or policy verifying coverage in effect at or prior to consummation.       Reviewer Comment (2026-04-01): XXXXX


Seller Comment (2026-04-01): XXXXX


Reviewer Comment (2026-03-26): XXXXX


Seller Comment (2026-03-26): XXXXX
04/01/2026     1 C A C A   SC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72946803 35984033     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   Preliminary title document does not state the coverage amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    03/09/2026 2 B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72946803 35984088     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 $250.00 exceeds tolerance of $183.00 plus 10% or $201.30.  $48.70 over legal limit.  Insufficient or no cure was provided to the borrower. 10% tolerance was exceeded by $67.00 due to increase of recording fee.  No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $67.00, 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 (2026-03-12): XXXXX


Seller Comment (2026-03-10): XXXXX
03/12/2026     1 C A C A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76349967 36267966     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $XXXXX exceeds tolerance of $XXXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-10): XXXXX
  04/10/2026   1 A A A A   FL Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77837642 35959676     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Additional assets required to meet the reserve requirement. Retirement acct # XXXXX tested at 60% per guides causing the deficiency.       Reviewer Comment (2026-01-28): XXXXX


Buyer Comment (2026-01-27): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-21): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-07): XXXXX


Buyer Comment (2026-01-07): XXXXX
01/28/2026     1 C A C A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77837642 35959682     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. The loan was agency approved with an Originator Loan Designation of (Non-QM); but the required (Additional assets required to meet the reserve requirement.) required per Investor Guidelines was not provided causing the loan to waterfall through the QM Testing.       Reviewer Comment (2026-01-28): XXXXX


Buyer Comment (2026-01-27): XXXXX
01/28/2026     1 C A B A   NC Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77837642 35959683     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. The loan was agency approved with an Originator Loan Designation of (Non-QM); but the required (Additional assets required to meet the reserve requirement.) required per Investor Guidelines was not provided causing the loan to waterfall through the QM Testing.       Reviewer Comment (2026-01-28): XXXXX


Buyer Comment (2026-01-27): XXXXX
01/28/2026     1 C A C A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77872419 35959685     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower within 3 days of closing was not provided.  Waiver not provided.       Reviewer Comment (2026-01-06): XXXXX


Buyer Comment (2026-01-05): XXXXX
01/06/2026     1 B A B A   GA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77872419 35959687     Credit Guideline Guideline Issue Guideline Missing required Transcripts (1040) and/or W-2 Transcripts. - Per guidelines must obtain full tax transcripts for the most recent two (2) years of income provided and they are missing in the file.       Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-27): XXXXX
01/27/2026     1 C A C A   GA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77872419 35959688     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Please provide a Hazard Insurance policy for XXXXX       Reviewer Comment (2026-01-06): XXXXX


Buyer Comment (2026-01-06): XXXXX
01/06/2026     1 C A C A   GA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76508378 35959690     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - Require Condo Warrantable documentation as File does not contain documentation from lender/seller confirming the condo is warrantable.
The current project approval document in file Doc Id XXXXX reflects XXXXX review Status as "No XXXXX Review" and Lender Certification Status as "Not Certified by Lender"
      Reviewer Comment (2026-01-08): XXXXX


Buyer Comment (2026-01-08): XXXXX
01/08/2026     1 C A C A   CO Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76508378 35959691     Credit Insurance Insurance Analysis Insurance Hazard Insurance Policy expires within 90 days of the Note Date.   Require updated Hazard Insurance policy as the current Blanket Insurance policy expires within 60 days from note date and as per guidelines The policy must be effective for at least 60 days after the date of funding.       Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-14): XXXXX
01/15/2026     1 B A B A   CO Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76508378 35959694     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 $129.00 exceeds tolerance of $86.00 plus 10% or $94.60.  $34.40 over legal limit.  Insufficient or no cure was provided to the borrower. Cure provided at closing.  This exception will be cleared when all other tolerance issues have been resolved.       Reviewer Comment (2026-01-08): XXXXX
01/08/2026     1 C A C A   CO Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76508378 35959695     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 Collateral Desktop Analysis.  Fee Amount of $205.00 exceeds tolerance of $0.00.  $205.00 over legal limit.  Insufficient or no cure was provided to the borrower. Missing a valid Change of Circumstance for the increase in Collateral Desktop Analysis. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-01-08): XXXXX


Buyer Comment (2026-01-07): XXXXX
01/08/2026     1 C A C A   CO Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76508378 35959696     Credit Guideline Guideline Issue Guideline "Other" housing history reflects lates that do not meet guidelines.   Provide updated mortgage histories of the financed properties for the following mortgage loan reflecting on credit report Doc ID XXXXX and XXXXX. XXXXX #XXXXX or #XXXXX as per Credit Supplement Document Doc Id XXXXX XXXXX #XXXXX is a duplicate of XXXXX #XXXXX. Payment history must reflect 45 days have not elapsed since the last paid installment date month prior to closing. Credit Report Ordered date is XX/XX/XX and DLA is XX/XX/XX for XXXXX #XXXXX. Require XXXXX Months Mortgage History.       Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-08): XXXXX
01/09/2026     1 C A C A   CO Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76508378 35959697     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $129.00 exceeds tolerance of $86.00 plus 10% or $94.60.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-01-08): XXXXX
  01/08/2026   1   A   A   CO Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76508378 35959698     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-02-03): XXXXX
02/03/2026     1   A   A   CO Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72519299 35959705     Property Valuation Valutation Issue Valuation Program guidelines require 2 appraisals on loan amounts greater than $XXXXX.   Missing 2nd appraisal for loan amount > 2mm.       Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-14): XXXXX
01/15/2026     1   A   A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75410689 35959717     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.         Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/21/2026     1 B A B A   ID Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75410689 35959718     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.03524% or Final Disclosure APR of 9.03500% is equal to or greater than the threshold of APOR 6.26% + 1.5%, or 7.76000%.  Non-Compliant Higher Priced Mortgage Loan.         Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/21/2026     1 C A C A   ID Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75410689 35959719     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.         Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/21/2026     1 C A C A   ID Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75410689 35959722     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 Loan Discount Points.  Fee Amount of $4,714.05 exceeds tolerance of $4,402.00.  $312.05 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Fee was disclosed as $7,547.00 on Initial LE and $4,714.05 on Final CD. Evidence of cure not provided in file.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-21): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-20): XXXXX
01/23/2026     1 C A C A   ID Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75410689 35959723     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided   Mismatch in the DTI - Require corrected 1008 and 1003 supporting each other.
REO amount and income is not matching with 1008 and final 1003 provided.
Other REO obligations not included in ratios on 1008.
      Reviewer Comment (2026-01-02): XXXXX


Buyer Comment (2026-01-02): XXXXX
01/02/2026     1 C A C A   ID Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73535390 35959761     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance Verification is missing in file for REO property XXXXX.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-08): XXXXX
01/23/2026     1 C A C A   NJ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73535390 35959763     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $16,019.00. Provide updated policy reflecting minimum coverage of $XXXXX as reflected on Replacement Cost Estimator provided in file.       Reviewer Comment (2026-01-23): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-16): XXXXX
01/23/2026     1 C A C A   NJ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73535390 35959767     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 Application Fee.  Fee Amount of $595.00 exceeds tolerance of $0.00.  $595.00 over legal limit.  Insufficient or no cure was provided to the borrower. Missing a valid Change of Circumstance for the increase in Application Fee. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-08): XXXXX


Buyer Comment (2026-01-07): XXXXX
  01/16/2026   2 C B C B   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73535390 35959768     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 Commitment Fee.  Fee Amount of $1,000.00 exceeds tolerance of $0.00.  $1,000.00 over legal limit.  Insufficient or no cure was provided to the borrower. Missing a valid Change of Circumstance for the increase in Commitment Fee. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-08): XXXXX


Buyer Comment (2026-01-07): XXXXX
  01/16/2026   2 C B C B   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73535390 35959769     Credit Missing Document General Missing Document Missing Document: Source of Funds/Deposit not provided   Missing evidence of the donor's ability to provide and transfer gift funds per XXXXX requirements.       Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-08): XXXXX
01/09/2026     1 C A C A   NJ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78222402 35959776     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - 1. All Borrowers must also provide evidence that business has been in existence for at least "two years" via CPA/Tax Preparer Letter, confirmation from regulatory or state agency, or applicable licensing bureau.

2. Also need to confirm percentage of ownership via reliable third party.

Compliance related
      Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-23): XXXXX
01/23/2026     1 C A C A   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78222402 35959778     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   CPA Impact letter is missing for funds from business account # XXXXX.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-23): XXXXX
01/23/2026     1 C A C A   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78222402 35959779     Credit Missing Document General Missing Document Missing Document: CPA Letter not provided   1. All Borrowers must also provide evidence that business has been in existence for at least "two years" via CPA/Tax Preparer Letter, confirmation from regulatory or state agency, or applicable licensing bureau.

2. Also need to confirm percentage of ownership via reliable third party.

Credit related
      Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-23): XXXXX
01/23/2026     1 C A C A   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78222402 35959780     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $15,450.00.  Provide updated policy reflecting minimum coverage of $XXXXX as reflected on the insurer's replacement cost estimate provided in file.       Reviewer Comment (2026-01-28): XXXXX


Buyer Comment (2026-01-27): XXXXX


Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-14): XXXXX
01/28/2026     1 C A C A   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78222402 35959783     Compliance Compliance State Compliance State HPML (State HPML) Oklahoma Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 7.94070% or Final Disclosure APR of 8.00900% is equal to or greater than the threshold of APOR 6.22% + 1.5%, or 7.72000%.  Compliant Higher Priced Loan. Compliant Higher Priced Loan.       Buyer Comment (2026-01-13): XXXXX
    01/13/2026 2 B B B B   OK Primary Purchase No obvious cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78222402 35959785     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-23): XXXXX
01/23/2026     1 C A B A   OK Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78222402 35959786     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income and asset documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-23): XXXXX
01/23/2026     1 C A C A   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77030357 35959825     Credit Credit Miscellaneous Credit Missing Document: Credit Letter of Explanation (LOE) not provided   BK filed XX/XX/XX and discharged XX/XX/XX. Missing a satisfactory letter of explanation for the event from the borrower.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-23): XXXXX
01/23/2026     1 C A C A   WA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76383412 35959834     Credit Missing Document General Missing Document Missing Document: 1084 or income worksheet not provided   1084 or income worksheet for Self employment income is missing in file.       Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-16): XXXXX
01/20/2026     1 C A C A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76383412 35959835     Compliance Compliance State Compliance Misc. State Level Maryland Counseling Agencies Disclosure Not in File XXXXX HB1399 - No evidence of required counseling disclosure language per XXXXX HB 1399. No evidence of required counseling disclosure language per XXXXX       Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-15): XXXXX
01/20/2026     1 B A B A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76383412 35959837     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 Appraisal Fee.  Fee Amount of $900.00 exceeds tolerance of $850.00.  $50.00 over legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Tolerance  Violation for Appraisal Fee  With Sufficient Cure Provided at closing.       Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-15): XXXXX
01/16/2026     1 C A C A   MD Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76383412 35959838     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 Survey Fee.  Fee Amount of $450.00 exceeds tolerance of $0.00.  $450.00 over legal limit.  Insufficient or no cure was provided to the borrower. Survey Fee was disclosed as $0.0 on Initial LE and $450 on Final CD. File does not contain a valid COC for this fee, Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-16): XXXXX


Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-15): XXXXX
01/20/2026     1 C A C A   MD Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76383412 35959839     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $900.00 exceeds tolerance of $850.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-01-16): XXXXX
  01/16/2026   1   A   A   MD Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70854277 35959841     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes. CU Score is 2.6.       Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX
01/27/2026     1 D A D A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70854277 35959842     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Require updated income worksheet and bank statement for XXXXX for Account # XXXXX or Statement for XXXXX for account # XXXXX as we have only 11 months consecutive bank statements

Compliance related
      Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-22): XXXXX
01/22/2026     1 C A C A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70854277 35959843     Credit Missing Document General Missing Document Missing Document: Account Statements - Business not provided   Require updated income worksheet and bank statement for XXXXX for Account # XXXXX or Statement for XXXXX for account # XXXXX as we have only 11 months consecutive bank statements.

Credit related
      Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-22): XXXXX
01/22/2026     1 C A C A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70854277 35959844     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower within 3 days of closing was not provided.  Waiver not provided.       Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-20): XXXXX
01/22/2026     1 B A B A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70854277 35959845     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.27249% or Final Disclosure APR of 9.34000% is equal to or greater than the threshold of APOR 6.25% + 1.5%, or 7.75000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 9.28247% or Final Disclosure APR of 9.34000% is equal to or greater than the threshold of APOR 6.25% + 1.5%, or 7.75000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-20): XXXXX
01/22/2026     1 C A C A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70854277 35959846     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-20): XXXXX
01/22/2026     1 C A C A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70854277 35959847     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.57252% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $18,202.68 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $15,285.57 (an overage of $2,917.11 or .57252%). EV2 informational       Buyer Comment (2026-01-14): XXXXX
    01/14/2026 2 B B B B   PA Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70854277 35959848     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-22): XXXXX
01/22/2026     1 C A B A   PA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70854277 35959849     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income and asset documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-22): XXXXX
01/22/2026     1 C A C A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70854277 35959854     Credit Guideline Guideline Issue Guideline "Other" housing history reflects lates that do not meet guidelines.   1. Provide For rental verification 12 months bank statements or canceled checks are required.  Lease in file reflects $2,832 per month.  Pay history reflects 9 payments       Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-21): XXXXX
01/22/2026     1   A   A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78817032 36230813     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Rental History required for departure residence required.       Reviewer Comment (2026-04-10): XXXXX


Seller Comment (2026-04-09): XXXXX
04/10/2026     1 C A C A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74235563 36213368     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Mortgage Statement missing in file.       Reviewer Comment (2026-04-13): XXXXX


Seller Comment (2026-04-13): XXXXX


Reviewer Comment (2026-04-10): XXXXX


Reviewer Comment (2026-04-08): XXXXX
04/13/2026     1 C A C A   WA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74235563 36214797     Credit Insurance Insurance Documentation Insurance Missing Document: Hazard Dec Page not provided   Hazard premium for XXXXX not verified in provided binder       Reviewer Comment (2026-04-10): XXXXX


Reviewer Comment (2026-04-08): XXXXX
04/10/2026     1 C A C A   WA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74235563 36214860     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - P&L statement provided is not 3rd party prepared by a CPA as required by guideiline.       Reviewer Comment (2026-04-21): XXXXX


Seller Comment (2026-04-20): XXXXX


Reviewer Comment (2026-04-10): XXXXX


Seller Comment (2026-04-10): XXXXX


Reviewer Comment (2026-04-08): XXXXX
04/21/2026     1 C A C A   WA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74235563 36214992     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-04-21): XXXXX
04/21/2026     1 C A B A   WA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74235563 36214999     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk. P&L statement is not CPA prepared as required.       Reviewer Comment (2026-04-21): XXXXX
04/21/2026     1 C A C A   WA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72012474 36116966     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    03/25/2026 2 B B B B   MI Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72012474 36116995     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $0 on LE but disclosed as $123.60.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $123.60, 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 (2026-03-23): XXXXX
  03/23/2026   1 A A A A   MI Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72012474 36116996     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $126.26 exceeds tolerance of $102.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report Fee was last disclosed as $102.00 on LE but disclosed as $126.26 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $124.26.00, 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 (2026-03-23): XXXXX
  03/23/2026   1 A A A A   MI Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71935517 36283735     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal delivered to borrower was not provided.             04/16/2026 2 B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71935517 36283737     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 XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. (Type:Secondary/XX/XX/XX)       Reviewer Comment (2026-04-22): XXXXX


Seller Comment (2026-04-21): XXXXX
    04/22/2026 2 B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71935517 36283739     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $85.00 exceeds tolerance of $70.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report Fee. Was last disclosed as $70.00 on Loan Estimate but disclosed as $85.00 on Final Closing Disclosure. File does not contain a valid Change of Circumstance for this fee, nor evidence of cure in file. Provide a post-close Closing Disclosure disclosing the tolerance cure to include $15.00, 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 (2026-04-14): XXXXX
  04/14/2026   1 A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73440533 35989873     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   Provide the lender attestation if condo is warrantable or non-warrantable. If Non-Warrantable, max LTV is 75%.       Reviewer Comment (2026-02-16): XXXXX


Buyer Comment (2026-02-13): XXXXX
02/16/2026     1 C A D A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73440533 35989874     Credit Credit Miscellaneous Guideline Credit Exception:   Title Policy Address: Unit number is missing. It should be noted, unit reflects unit number as XXXXX vs. all other documents which reflect XXXXX.       Reviewer Comment (2026-02-18): XXXXX


Buyer Comment (2026-02-18): XXXXX


Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX


Reviewer Comment (2026-02-16): XXXXX


Buyer Comment (2026-02-14): XXXXX
02/18/2026     1 C A C A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79501802 35989899     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. DTI > 50%. Lender utilized 100% of account #XXXXX for XXXXX through XXXXX, however account is personal co-mingled prior to the borrower incorporating and opening a business account. Expense factor should have been applied to these statements.       Reviewer Comment (2026-02-19): XXXXX


Reviewer Comment (2026-02-18): XXXXX
02/19/2026     1 C A B A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79501802 35989901     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $178.90 exceeds tolerance of $150.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $178.90 exceeds tolerance of $150.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-10): XXXXX
  02/10/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79501802 35989902     Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial 1003   Initial 1003 missing in the file.       Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/17/2026     1 B A B A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79501802 35989905     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   DTI > 50%. Lender utilized 100% of account #XXXXX for XXXXX through XXXXX, however account is personal co-mingled prior to the borrower incorporating and opening a business account. Expense factor should have been applied to these statements.       Buyer Comment (2026-02-19): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Buyer Comment (2026-02-18): XXXXX


Reviewer Comment (2026-02-18): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/19/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79501802 35989906     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank XXXXX): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 50.31563% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) DTI > 50%. Lender utilized 100% of account #XXXXX for XXXXX through XXXXX, however account is personal co-mingled prior to the borrower incorporating and opening a business account. Expense factor should have been applied to these statements.       Reviewer Comment (2026-02-19): XXXXX


Reviewer Comment (2026-02-18): XXXXX
02/19/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79501802 35989907     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. DTI > 50%. Lender utilized 100% of account #XXXXX for XXXXX through XXXXX, however account is personal co-mingled prior to the borrower incorporating and opening a business account. Expense factor should have been applied to these statements.       Reviewer Comment (2026-02-19): XXXXX


Reviewer Comment (2026-02-18): XXXXX
02/19/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76226722 35989914     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.           Reviewer Comment (2026-02-24): XXXXX


Buyer Comment (2026-02-24): XXXXX
02/24/2026     1 B A B A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76226722 35989916     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 Loan Discount Points.  Fee Amount of $15,296.00 exceeds tolerance of $1,912.00.  $13,384.00 over legal limit.  Insufficient or no cure was provided to the borrower. Cure nor valid COC provided       Reviewer Comment (2026-02-24): XXXXX


Buyer Comment (2026-02-23): XXXXX
02/24/2026     1 C A C A   CA Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76226722 35989917     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing:   The business returns are not signed and dated by each borrower as required by guidelines.       Reviewer Comment (2026-03-04): XXXXX


Buyer Comment (2026-03-03): XXXXX
03/04/2026     1 C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76226722 35989918     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. The business returns are not signed and dated by each borrower as required by guidelines.       Reviewer Comment (2026-03-04): XXXXX
03/04/2026     1 C A B A   CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76226722 35989919     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. The business returns are not signed and dated by each borrower as required by guidelines.       Reviewer Comment (2026-03-04): XXXXX
03/04/2026     1 C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71205235 35989940     Compliance Compliance State Compliance State Defect South Carolina Home Loan (Complaint Agency Disclosure Not Provided) XXXXX Home Loan: Borrower not provided with a document specifying the agency designated to receive complaints or inquiries about the origination and making of the loan.         Reviewer Comment (2026-02-18): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/18/2026     1 C A C A   SC Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71205235 35989941     Compliance Compliance Miscellaneous Compliance Missing Non-Required Data Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. - ___ Payee reflects TBD. Provide the corrected PC-CD and LOE to cure.       Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-20): XXXXX
  02/20/2026   2 B B B B   SC Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70185950 35989942     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - PUD not provided           Reviewer Comment (2026-02-18): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/18/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70185950 35989945     Compliance Compliance Miscellaneous Compliance Missing Non-Required Data Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. - ___ TBD reflected for Home Warranty Fee. Provide the corrected PC-CD and LOE to cure.       Reviewer Comment (2026-02-19): XXXXX


Buyer Comment (2026-02-18): XXXXX


Reviewer Comment (2026-02-18): XXXXX


Buyer Comment (2026-02-17): XXXXX
  02/19/2026   2 B B B B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71678008 36255674     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-04-13): XXXXX


Seller Comment (2026-04-13): XXXXX
04/13/2026     1 C A C A   MO Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71678008 36255701     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Verified liquid assets in the amount of $0 are insufficient to meet cash to close of $80,316.63.  Final 1008 reflects $115,011.72 verified, however, unable to use business funds' assets. CPA indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis) may be used for down payment and reserves not provided.       Reviewer Comment (2026-04-13): XXXXX


Seller Comment (2026-04-13): XXXXX
04/13/2026     1 C A C A   MO Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71678008 36255746     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-04-13): XXXXX
04/13/2026     1 C A B A   MO Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71678008 36255756     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Insufficient asset verification document.       Reviewer Comment (2026-04-13): XXXXX


Seller Comment (2026-04-13): XXXXX
04/13/2026     1 C A C A   MO Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75768710 36155303     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/30/2026 2 B B B B   IL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75768710 36155304     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.06574% or Final Disclosure APR of 8.07900% is equal to or greater than the threshold of APOR 5.98% + 1.5%, or 7.48000%.  Non-Compliant Higher Priced Mortgage Loan. HPML requirements not met.  Subject appraisal does not  reflect correct address for subject property. Lender to provide updated appraisal reflecting correct address.       Reviewer Comment (2026-04-02): XXXXX


Seller Comment (2026-04-02): XXXXX
04/02/2026     1 C A C A   IL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75768710 36155305     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-02): XXXXX
04/02/2026     1 C A C A   IL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75768710 36155307     Compliance Compliance State Compliance State Defect XXXXX SB 1894 XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording. Certificate of Compliance or Exemption not attached to mortgage for recording.       Reviewer Comment (2026-04-03): XXXXX
04/03/2026     1 C A C A   IL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75768710 36215073     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 XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower 3 business days prior to closing was not provided.       Reviewer Comment (2026-04-08): XXXXX


Reviewer Comment (2026-04-03): XXXXX
    04/08/2026 2   B   B   IL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78009363 36082081     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     1   A   A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75647524 36033504     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/13/2026 2 B B B B   MS Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75647524 36033505     Compliance Compliance State Compliance State Late Charge XXXXX Late Charge Percent and Amount Testing > $100,000 XXXXX Late Charge: Note late charge of 5.00000% exceeds state maximum of 4% or $5, whichever is greater. Note late charge of 5.00000% exceeds state maximum of 4% or $5, whichever is greater.       Reviewer Comment (2026-03-25): XXXXX


Reviewer Comment (2026-03-18): XXXXX


Seller Comment (2026-03-16): XXXXX
    03/25/2026 2 B B B B   MS Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75647524 36082083     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     1   A   A   MS Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72672971 36082091     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     1   A   A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77818107 36063806     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.               03/13/2026 2 B B B B   AZ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77818107 36082095     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     1   A   A   AZ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77924635 36105054     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/24/2026 2 B B B B   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77924635 36105055     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.77548% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $13,899.99 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $11,044.94 (an overage of $2,855.05 or .77548%). XXXXX Points and Fees exceed allowable threshold by $2,855.05 or .77548%.             03/24/2026 2 B B B B   TN Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77924635 36105062     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Calculated PITIA months reserves of 2.98 is less than Guideline PITIA months reserves of 3.00. Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-27): XXXXX


Buyer Comment (2026-03-25): XXXXX
    03/27/2026 2 C B C B   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77924635 36105096     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.       Reviewer Comment (2026-03-27): XXXXX


Buyer Comment (2026-03-25): XXXXX
03/27/2026     1 C A B A   TN Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77924635 36105097     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-03-27): XXXXX


Buyer Comment (2026-03-25): XXXXX
03/27/2026     1 C A C A   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70190991 36292151     Compliance Compliance State Compliance Misc. State Level (TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) XXXXX Constitution Section 50(a)(6): Acceptable XXXXX title insurance endorsements not obtained for home equity loan.  The loan file does not evidence the Title Policy includes the XXXXX T-42 endorsement or the T-42.1 endorsement. (The loan is a XXXXX Section 50 (a)(6) home equity loan.) Acceptable XXXXX title insurance endorsements were not obtained for the home equity loan. The loan file does not evidence that the Title Policy includes the XXXXX T-42 endorsement or the T-42.1 endorsement. (The loan is a XXXXX Section 50 (a)(6) home equity loan.)       Reviewer Comment (2026-04-22): XXXXX
    04/22/2026 2 B B B B   TX Primary Refinance - Cash-out - Other The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70190991 36294981     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Evidence of earlier borrower receipt was not found in the file.       Reviewer Comment (2026-04-22): XXXXX
04/22/2026     1 C A C A   TX Primary Refinance - Cash-out - Other No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75519175 36231272     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee.  Fee Amount of $220.00 exceeds tolerance of $150.00.  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Re-Inspection Fee was last disclosed as $150.00 on LE but disclosed as $220.00on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.       Reviewer Comment (2026-04-03): XXXXX
  04/03/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75519175 36235839     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             04/07/2026 2 B B B B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71293064 36035436     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   A letter from a CPA must be obtained verifying that the withdrawal of funds for the transaction will not have a negative impact on the business. If a CPA letter is not provided, a cash flow analysis of the business assets and liabilities (balance sheet) must be completed. The CPA letter notes the business should not be affected by the loan payments vs. the withdrawal of funds needed for the transaction.       Reviewer Comment (2026-02-25): XXXXX


Buyer Comment (2026-02-24): XXXXX


Buyer Comment (2026-02-23): XXXXX
02/25/2026     1 C A C A   CO Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71293064 36035437     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used. Title reflects the lender on the current transaction was also the original lender.       Reviewer Comment (2026-03-10): XXXXX


Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-03-03): XXXXX
  03/10/2026   2 B B B B   CO Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76263197 36248645     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             04/09/2026 2 B B B B   MN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76263197 36248646     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.83109% or Final Disclosure APR of 8.89000% is equal to or greater than the threshold of APOR 6.02% + 1.5%, or 7.52000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 8.83109% or Final Disclosure APR of 8.89000% is equal to or greater than the threshold of APOR 6.02% + 1.5%, or 7.52000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-04-17): XXXXX
04/17/2026     1 C A C A   MN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76263197 36248647     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-04-17): XXXXX


Seller Comment (2026-04-16): XXXXX


Reviewer Comment (2026-04-14): XXXXX


Seller Comment (2026-04-14): XXXXX
04/17/2026     1 C A C A   MN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77862441 36166505     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    03/31/2026 2 B B B B   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77862441 36166583     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 $4,206.39 exceeds tolerance of $3,660.00 plus 10% or $4,026.00.  $180.39 over legal limit.  Insufficient or no cure was provided to the borrower. 10% tolerance was exceeded by $180.39 due to increase of recording fee.  No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $180.39, 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 (2026-04-20): XXXXX
  04/20/2026   2 C B C B   TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76939154 36290333     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 Appraisal Review Fee.  Fee Amount of $400.00 exceeds tolerance of $0.00.  $400.00 over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal Review Fee was last disclosed as $0.00 on LE but disclosed as $400.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close Closing Disclosure disclosing the tolerance cure to include $400.00, 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 (2026-04-21): XXXXX
04/21/2026     1 C A C A   CO Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78996882 36039095     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Copy of Account Statements - Business is missing for XXXXX month XX/XX/XX, for the business 'XXXXX' from the account ending #XXXXX.       Reviewer Comment (2026-02-23): XXXXX
02/23/2026     1 C A B A   MD Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78996882 36039096     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Bank Statement Guidelines Number of Bank Statements Requirement not met Ability to Repay (Dodd-Frank XXXXX): The number of bank statements provided for borrower's bank statement income was less than the number required by guidelines. Copy of Account Statements - Business is missing for XXXXX month XX/XX/XX, for the business 'XXXXX' from the account ending #XXXXX.       Reviewer Comment (2026-02-23): XXXXX


Buyer Comment (2026-02-23): XXXXX
02/23/2026     1 C A C A   MD Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78996882 36039097     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Copy of Account Statements - Business is missing for XXXXX month XX/XX/XX, for the business 'XXXXX' from the account ending #XXXXX.       Reviewer Comment (2026-02-23): XXXXX
02/23/2026     1 C A C A   MD Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78996882 36039101     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. Missing XXXXX bank statement, as 24 months are required.       Reviewer Comment (2026-02-23): XXXXX
02/23/2026     1 A A A A   MD Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78996882 36039102     Compliance Compliance State Compliance Misc. State Level Maryland Counseling Agencies Disclosure Not in File XXXXX HB1399 - No evidence of required counseling disclosure language per XXXXX HB 1399.         Reviewer Comment (2026-03-10): XXXXX


Buyer Comment (2026-03-10): XXXXX


Reviewer Comment (2026-02-23): XXXXX


Buyer Comment (2026-02-22): XXXXX
03/10/2026     1 B A B A   MD Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78996882 36039103     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Evidence of earlier receipt not provided       Reviewer Comment (2026-02-23): XXXXX


Buyer Comment (2026-02-23): XXXXX
02/23/2026     1 C A C A   MD Primary Refinance - Cash-out - Other No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78996882 36039104     Compliance Compliance Federal Compliance TRID Defect TRID Interim Closing Disclosure Timing Product Change TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure issued on XX/XX/XX contains a change in loan product and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. Product changed from Initial to Final. (Fixed 30 to I/O 10 year, 30). Evidence of earlier receipt of the initial CD not provided.       Reviewer Comment (2026-03-11): XXXXX


Buyer Comment (2026-03-10): XXXXX
03/11/2026     1 C A C A   MD Primary Refinance - Cash-out - Other No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78996882 36039105     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.         Reviewer Comment (2026-02-23): XXXXX
02/23/2026     1 B A B A   MD Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78996882 36039106     Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender - Transfer letter not provided       Reviewer Comment (2026-02-23): XXXXX


Buyer Comment (2026-02-22): XXXXX
02/23/2026     1 B A B A   MD Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71460276 36154470     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/30/2026 2 B B B B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71460276 36154471     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (1st Lien, Escrow Not Established) Federal Higher-Priced Mortgage Loan (XXXXX): HOA blanket policy does not include walls-in coverage and guideline required HO-6 not escrowed on a 1st lien mortgage loan. HOA blanket policy does not include walls-in coverage and guideline required HO-6 not escrowed on a 1st lien mortgage loan.       Reviewer Comment (2026-04-13): XXXXX


Seller Comment (2026-04-13): XXXXX
04/13/2026     1 C A C A   FL Primary Purchase If escrow was established before consummation for one impound item but not the other (e.g. taxes but not insurance), cure available by escrowing item that was not previously included. Proof of new escrow setup required.
If no escrow account was established at or before consummation, no cure available.
Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71460276 36154472     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.27899% or Final Disclosure APR of 8.34300% is equal to or greater than the threshold of APOR 6.02% + 1.5%, or 7.52000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 8.27899% or Final Disclosure APR of 8.34300% is equal to or greater than the threshold of APOR 6.02% + 1.5%, or 7.52000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-04-13): XXXXX


Reviewer Comment (2026-04-10): XXXXX


Seller Comment (2026-04-10): XXXXX
04/13/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71460276 36154473     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 XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-01): XXXXX
    04/01/2026 2 B B B B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71460276 36154474     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.98809% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $12,810.63 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $7,704.73 (an overage of $5,105.90 or 1.98809%). XXXXX Points and Fees exceed allowable threshold by $5,105.90 or 1.98809%.             03/30/2026 2 B B B B   FL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71460276 36154481     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   The file is missing a copy of Hazard Master Policy Document.       Reviewer Comment (2026-04-10): XXXXX
04/10/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71460276 36155271     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Calculated investor qualifying total debt ratio of 56.24045% exceeds Guideline total debt ratio of 55.00000%. Included XXXXX revolving account not paid at close.       Reviewer Comment (2026-04-10): XXXXX
04/10/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71460276 36155278     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-04-10): XXXXX
04/10/2026     1 C A B A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71460276 36155279     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank XXXXX): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 56.24045% moderately exceeds the guideline maximum of 55.00%. (DTI Exception is eligible to be regraded with compensating factors.)         Reviewer Comment (2026-04-10): XXXXX


Seller Comment (2026-04-10): XXXXX
04/10/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71460276 36155290     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. DTI exceeds guideline, XXXXX account not paid included in DTI calculation.       Reviewer Comment (2026-04-10): XXXXX


Seller Comment (2026-04-10): XXXXX
04/10/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75773854 36195224     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.34508% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,390.07 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $8,421.37 (an overage of $968.70 or .34508%). XXXXX Points and Fees exceed allowable threshold by $968.70 or .34508%.             04/02/2026 2 B B B B   MI Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75773854 36195258     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    04/02/2026 2 B B B B   MI Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75175658 36250238     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $92.70 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-04-07): XXXXX
  04/07/2026   1 A A A A   CT Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75175658 36250239     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $351.00 exceeds tolerance of $219.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $351.00 exceeds tolerance of $219.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-04-07): XXXXX
  04/07/2026   1 A A A A   CT Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75175658 36250257     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of $108,824.65 is less than Cash From Borrower $145,326.21. EMD is listed on the CD as $50,000 but documentation was not provided verifying the source of the EMD or verification the EMD was delivered.       Reviewer Comment (2026-04-15): XXXXX


Seller Comment (2026-04-14): XXXXX
04/15/2026     1 C A C A   CT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77729886 36238047     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $29,265.55 exceeds tolerance of $29,252.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-06): XXXXX
  04/06/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70065105 36115795     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2026-04-02): XXXXX
04/02/2026     1 D A D A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70065105 36116180     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.66541% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $19,301.90 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $15,797.89 (an overage of $3,504.01 or .66541%). XXXXX Points and Fees exceed allowable threshold by $3,504.01 or .66541%.             03/25/2026 2 B B B B   GA Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70065105 36116183     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure XX/XX/XX on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. Seller paid fees on Seller's Closing Disclosure are not consistent with those reflected on the Borrower's Final Closing Disclosure.       Reviewer Comment (2026-04-08): XXXXX


Seller Comment (2026-04-07): XXXXX
  04/08/2026   2 C B C B   GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70065105 36116631     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-04-08): XXXXX
04/08/2026     1 C A B A   GA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70065105 36116639     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient asset documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-04-08): XXXXX
04/08/2026     1 C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70065105 36148399     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Per XXXXX missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis. Missing CPA letter or cash flow analysis.       Reviewer Comment (2026-04-08): XXXXX


Seller Comment (2026-04-07): XXXXX
04/08/2026     1 C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70065105 36148414     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of  $0.00 is less than Cash From Borrower $175,392.62.       Reviewer Comment (2026-04-08): XXXXX


Seller Comment (2026-04-07): XXXXX
04/08/2026     1 C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70065105 36148421     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2026-04-08): XXXXX


Seller Comment (2026-04-07): XXXXX
04/08/2026     1 C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70065105 36216525     Credit Credit Miscellaneous Guideline Credit Exception:   Per guidelines loan amounts < $2,000,000 require a secondary valuation product. Secondary valuation must be within -10% tolerance of appraised value. Acceptable products are: CDA or Enhanced Desk Review OR Field Review OR A 2nd full appraisal. Lender provided CU score as secondary valuation. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-04-02): XXXXX
    04/02/2026 2   B   B   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72769575 36221100     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form Notice of Right to Cancel Missing Truth in Lending Act: Notice of Right to Cancel was not provided. Right of Rescission Disclosure is missing from file.       Reviewer Comment (2026-04-20): XXXXX


Seller Comment (2026-04-16): XXXXX
  04/20/2026   2 C B C B   SC Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79653043 36273200     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $92.70 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-04-13): XXXXX
  04/13/2026   1 A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79718124 36145910     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/27/2026 2 B B B B   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79718124 36145911     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (1st Lien, Escrow Not Established) Federal Higher-Priced Mortgage Loan (XXXXX): Mandatory escrow account not established on 1st lien mortgage loan. Mandatory escrow account not established on 1st lien mortgage loan.       Reviewer Comment (2026-04-02): XXXXX


Seller Comment (2026-04-01): XXXXX


Seller Comment (2026-03-30): XXXXX
04/02/2026     1 C A C A   GA Primary Purchase If escrow was established before consummation for one impound item but not the other (e.g. taxes but not insurance), cure available by escrowing item that was not previously included. Proof of new escrow setup required.
If no escrow account was established at or before consummation, no cure available.
Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79718124 36145912     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.31843% or Final Disclosure APR of 9.59300% is equal to or greater than the threshold of APOR 6.06% + 1.5%, or 7.56000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 9.31843% or Final Disclosure APR of 9.59300% is equal to or greater than the threshold of APOR 6.06% + 1.5%, or 7.56000%.       Reviewer Comment (2026-04-03): XXXXX


Reviewer Comment (2026-04-02): XXXXX


Seller Comment (2026-04-01): XXXXX


Seller Comment (2026-03-30): XXXXX
04/03/2026     1 C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79718124 36145913     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-03): XXXXX


Seller Comment (2026-04-03): XXXXX


Reviewer Comment (2026-03-31): XXXXX


Seller Comment (2026-03-30): XXXXX
04/03/2026     1 C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79718124 36145914     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.28929% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,320.55 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $8,500.82 (an overage of $819.73 or .28929%). XXXXX Points and Fees exceed allowable threshold by $819.73 or .28929%.             03/27/2026 2 B B B B   GA Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79718124 36145917     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $600.00 exceeds tolerance of $500.00.  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Fee was last disclosed as $500.00 on LE but disclosed as $600.00 on Final Closing Disclosure. Sufficient cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-25): XXXXX
  03/25/2026   1 A A A A   GA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79718124 36215585     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Homeowners Insurance Included In Escrow Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether Homeowners Insurance is included in escrow.         Reviewer Comment (2026-04-09): XXXXX


Seller Comment (2026-04-08): XXXXX


Reviewer Comment (2026-04-08): XXXXX


Seller Comment (2026-04-07): XXXXX
  04/09/2026   2   B   B   GA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79718124 36215592     Compliance Compliance Federal Compliance RESPA RESPA  -  Initial Escrow Account Statement Not Provided Timely RESPA: Initial escrow account statement was not provided to the borrower within 45 calendar days of closing. Initial escrow account statement was not provided to the borrower within 45 calendar days of closing.       Reviewer Comment (2026-04-08): XXXXX


Reviewer Comment (2026-04-02): XXXXX
    04/08/2026 2   B   B   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75652947 36238140     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.84760% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $19,454.44 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $15,168.75 (an overage of $4,285.69 or .84760%). XXXXX Points and Fees exceed allowable threshold by $4,285.69 or .84760%.             04/08/2026 2 B B B B   FL Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72794961 36232750     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.75522% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,636.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $3,980.38 (an overage of $3,655.62 or 2.75522%). XXXXX Points and Fees exceed allowable threshold by $3,655.62 or 2.75522%%.             04/07/2026 2 B B B B   SC Second Home Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72794961 36232752     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Failing ATR due to missing credit report.       Reviewer Comment (2026-04-16): XXXXX
04/16/2026     1 C A B A   SC Second Home Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72794961 36232755     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk. Failing ATR due to missing credit report.       Reviewer Comment (2026-04-16): XXXXX
04/16/2026     1 C A C A   SC Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72794961 36232759     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 Loan Discount Points.  Fee Amount of $1,947.00 exceeds tolerance of $1,239.00.  $708.00 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Points fee Was  last disclosed as $1239.00 on LE but disclosed as $XXXXX.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $708.00, 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 (2026-04-23): XXXXX


Reviewer Comment (2026-04-17): XXXXX


Seller Comment (2026-04-16): XXXXX
  04/23/2026   2 C B C B   SC Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72794961 36232822     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - File does not contain documentation from lender/seller confirming the condo is warrantable       Reviewer Comment (2026-04-16): XXXXX
04/16/2026     1 C A C A   SC Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72794961 36249022     Credit Credit Credit Documentation Missing Document  Missing Document: Credit Report not provided   File is missing a copy of the credit report.       Reviewer Comment (2026-04-16): XXXXX
04/16/2026     1 D A D A   SC Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75812673 36231084     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $143.25 exceeds tolerance of $134.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report Fee was  last disclosed as $134.00 on LE but disclosed as $143.25 on Final Closing Disclosure.  Sufficient or excess cure was provided to the borrower at Closing in the amount of $480.95       Reviewer Comment (2026-04-03): XXXXX
  04/03/2026   1 A A A A   AL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75812673 36231085     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $671.00 exceeds tolerance of $292.00.  Sufficient or excess cure was provided to the borrower at Closing. Transfer Tax was  last disclosed as $292.00 on LE but disclosed as $671.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing in the amount of $480.95.       Reviewer Comment (2026-04-03): XXXXX
  04/03/2026   1 A A A A   AL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75812673 36231117     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.68264% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $14,665.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $11,946.60 (an overage of $2,718.40 or .68264%). XXXXX Points and Fees exceed allowable threshold by $2,718.40 or .68264%.             04/07/2026 2 B B B B   AL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79336542 36168802     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.14290% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,010.84 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $9,555.65 (an overage of $455.19 or .14290%). XXXXX Points and Fees exceed allowable threshold by $455.19 or .14290%.             03/31/2026 2 B B B B   FL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71188677 36255955     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $123.60 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-04-08): XXXXX
  04/08/2026   1 A A A A   PA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76884619 36156506     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-sign Consent Agreement is missing.       Reviewer Comment (2025-12-08): XXXXX


Buyer Comment (2025-12-04): XXXXX
12/08/2025     1 C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76884619 36156508     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2025-12-02): XXXXX


Buyer Comment (2025-11-28): XXXXX
12/02/2025     1 B A B A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76884619 36156509     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (1st Lien, Escrow Not Established) Federal Higher-Priced Mortgage Loan (XXXXX): Mandatory escrow account not established on 1st lien mortgage loan. High Priced findings require an escrow account.       Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-21): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-16): XXXXX


Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-13): XXXXX


Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX


Reviewer Comment (2026-01-02): XXXXX


Buyer Comment (2025-12-31): XXXXX
01/22/2026     1 C A C A   CA Primary Refinance - Cash-out - Other If escrow was established before consummation for one impound item but not the other (e.g. taxes but not insurance), cure available by escrowing item that was not previously included. Proof of new escrow setup required.
If no escrow account was established at or before consummation, no cure available.
Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76884619 36156510     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.58691% or Final Disclosure APR of 8.63400% is equal to or greater than the threshold of APOR 6.24% + 1.5%, or 7.74000%.  Non-Compliant Higher Priced Mortgage Loan. Loan considered to be "non-compliant" due to lack of explicit documentation to evidence delivery of the appraisal to the borrower.       Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-21): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-16): XXXXX


Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-13): XXXXX


Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX


Reviewer Comment (2026-01-02): XXXXX


Buyer Comment (2025-12-31): XXXXX
01/22/2026     1 C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76884619 36156511     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2025-12-02): XXXXX
12/02/2025     1 C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76884619 36156514     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Contact Information - Broker TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on XX/XX/XX did not disclose the required  Broker  Contact Information (Broker Name, Broker NMLS ID, Contact Name, Contact NMLS ID). Page 2 Section A of of Final CD reflects fees paid to Broker. Note reflects broker information however page 5 of Final Cd does not reflect broker information.       Reviewer Comment (2026-01-11): XXXXX


Buyer Comment (2026-01-09): XXXXX


Reviewer Comment (2026-01-01): XXXXX


Buyer Comment (2025-12-31): XXXXX


Reviewer Comment (2025-11-19): XXXXX


Buyer Comment (2025-11-19): XXXXX
  01/11/2026   2 C B C B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76884619 36156515     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 XX/XX/XX disclosed an Estimated Taxes, Insurance, and Assessments payment that does not match the actual payment for the loan. Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed an Estimated Taxes, Insurance, and Assessments payment reflects $0.00 and does not match the actual payment for the loan.       Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX


Reviewer Comment (2026-01-11): XXXXX


Buyer Comment (2026-01-09): XXXXX


Reviewer Comment (2026-01-01): XXXXX


Buyer Comment (2025-12-31): XXXXX
  01/13/2026   2 C B C B   CA 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 Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76884619 36156516     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Property Costs Year 1 Underdisclosed - XXXXX TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of  on Final Closing Disclosure provided on XX/XX/XX are underdisclosed Amount of Estimated Property Costs over Year 1 of on Final Closing Disclosure provided on XX/XX/XX are underdisclosed       Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX


Reviewer Comment (2026-01-11): XXXXX


Buyer Comment (2026-01-09): XXXXX


Reviewer Comment (2026-01-01): XXXXX


Buyer Comment (2025-12-31): XXXXX


Reviewer Comment (2025-11-14): XXXXX
  01/13/2026   2 C B C B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76884619 36156517     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Not Have Escrow -  Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX did not disclose Estimated Property Costs over Year 1 for loan with no escrow account established. Final Closing Disclosure provided on XX/XX/XX did not disclose Estimated Property Costs over Year 1 for loan with no escrow account established.       Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX


Reviewer Comment (2026-01-11): XXXXX


Buyer Comment (2026-01-09): XXXXX


Reviewer Comment (2026-01-01): XXXXX


Buyer Comment (2025-12-31): XXXXX
  01/13/2026   2 C B C B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76884619 36156518     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Not Have Escrow -  Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan will have an escrow account. Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan will have an escrow account and does not specify the reason.       Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX


Reviewer Comment (2026-01-11): XXXXX


Buyer Comment (2026-01-09): XXXXX


Reviewer Comment (2026-01-01): XXXXX


Buyer Comment (2025-12-31): XXXXX
  01/13/2026   2 C B C B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76884619 36156520     Credit Missing Document General Missing Document Document "Loan Underwriting and Transmittal Summary (1008) / MCAW" is missing.   Updated 1008, Final 1003 is required with updated income and proposed PITIA amount. Provided document reflects SS income considered twice and taxes and Insurance for primary subject property not considered. DTI variance is because Lender has considered SS income twice and failed to consider taxes and insurance for subject property however DTI is within guideline limit of 50%.Also required PCCD with page 1 corrected with projected payments and page 4 and 5 with updated info.       Reviewer Comment (2026-02-03): XXXXX


Buyer Comment (2026-02-02): XXXXX


Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-29): XXXXX


Reviewer Comment (2026-01-05): XXXXX


Buyer Comment (2026-01-05): XXXXX


Reviewer Comment (2025-12-31): XXXXX


Buyer Comment (2025-12-31): XXXXX
02/03/2026     1 C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76884619 36156521     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 three (3) business days of application.         Reviewer Comment (2025-12-08): XXXXX


Buyer Comment (2025-12-04): XXXXX
12/08/2025     1 B A B A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76884619 36156522     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application.         Reviewer Comment (2025-12-08): XXXXX


Reviewer Comment (2025-12-05): XXXXX


Buyer Comment (2025-12-04): XXXXX
12/08/2025     1 C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76884619 36156523     Compliance Compliance Federal Compliance TRID ECOA Appraisal Disclosure - ECOA Timing ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. Correct application date is XX/XX/XX, earliest date on 1003.       Reviewer Comment (2025-12-08): XXXXX


Buyer Comment (2025-12-04): XXXXX


Reviewer Comment (2025-12-02): XXXXX


Buyer Comment (2025-11-28): XXXXX
12/08/2025     1 B A B A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76884619 36156524     Compliance Compliance Federal Compliance TRID TIL HPML Appraisal Disclosure - HPML Timing HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. Correct application date is XX/XX/XX, earliest date on 1003.       Reviewer Comment (2025-12-08): XXXXX


Buyer Comment (2025-12-04): XXXXX


Reviewer Comment (2025-12-02): XXXXX


Buyer Comment (2025-11-28): XXXXX
12/08/2025     1 C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76884619 36156525     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application RESPA Disclosure Rule (Dodd-Frank XXXXX): List of Homeownership Counseling Organizations not provided to applicant within three (3) business days of application. Correct application date is XX/XX/XX, earliest date on 1003.       Reviewer Comment (2025-12-08): XXXXX


Buyer Comment (2025-12-04): XXXXX
12/08/2025     1 B A B A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76884619 36156527     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower. [ New Exception as a result of Updated CD issued on XX/XX/XX noted ] Initial Escrow Account Disclosure not provided.       Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX
01/27/2026     1   A   A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76884619 36156528     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Estimated Total Minimum Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. [ New Exception as a result of Updated CD issued on XX/XX/XX noted ] Final Closing Disclosure provided on XX/XX/XX disclosed an Estimated Total Monthly Payment of $4,374.25 not a correct Estimated Monthly Payment for payment stream 1. Total estimated payment should be $4,781.79 for the loan.       Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-21): XXXXX
  01/22/2026   2   B   B   CA 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 Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75391387 36156535     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - UW Income worksheet is missing in file for bank statement income.
Compliance Related
      Reviewer Comment (2026-01-06): XXXXX


Buyer Comment (2026-01-06): XXXXX
01/06/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75391387 36156536     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. ATR failure due insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-06): XXXXX


Buyer Comment (2026-01-06): XXXXX
01/06/2026     1 C A B A   TX Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75391387 36156537     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-06): XXXXX


Buyer Comment (2026-01-06): XXXXX
01/06/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75391387 36156538     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 Survey Fee.  Fee Amount of $433.00 exceeds tolerance of $0.00.  $433.00 over legal limit.  Insufficient or no cure was provided to the borrower. Survey Fee was last disclosed as $0.00 on LE but disclosed as $433.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file.       Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX


Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX
  02/02/2026   2 C B C B   TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74157571 36156545     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - 1084 or income worksheet is missing in file.       Reviewer Comment (2026-01-06): XXXXX


Buyer Comment (2026-01-06): XXXXX
01/06/2026     1 C A C A   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74157571 36156546     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2026-01-06): XXXXX


Buyer Comment (2026-01-06): XXXXX
01/06/2026     1 D A D A   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74157571 36156548     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing. Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ Hazard Insurance Policy Effective Date XX/XX/XX, Disbursement Date: XX/XX/XX, require updated Insurance binder covering effective on disbursement date. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-02-19): XXXXX


Buyer Comment (2026-02-19): XXXXX


Reviewer Comment (2026-02-11): XXXXX


Buyer Comment (2026-02-11): XXXXX
    02/19/2026 2 C B C B   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74157571 36156552     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-01-06): XXXXX
01/06/2026     1 C A B A   TN Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74157571 36156553     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-06): XXXXX
01/06/2026     1 C A C A   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74157571 36156555     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower.         Reviewer Comment (2026-01-06): XXXXX


Buyer Comment (2026-01-05): XXXXX
01/06/2026     1 B A B A   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74157571 36156556     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 XX/XX/XX 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. The earliest dated E-Consent is XX/XX/XX which was after the date of the initial Loan Estimate provided electronically issued XX/XX/XX.       Reviewer Comment (2026-01-05): XXXXX


Buyer Comment (2026-01-05): XXXXX
01/05/2026     1 C A C A   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74157571 36156558     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. The earliest Closing Disclosure provided was issued XX/XX/XX and closing was XX/XX/XX.       Reviewer Comment (2026-01-05): XXXXX


Buyer Comment (2026-01-05): XXXXX
01/05/2026     1 C A C A   TN Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70301327 36156578     Credit Missing Document General Missing Document Missing Document: CPA Letter not provided   Need CPA letter confirming if XXXXX, XXXXX and XXXXX are three different companies or is a same company known by these 3  names. Received Account Statements - Business, VVOE-Business/Third Party Verification and Business Narrative showing three different names.

Credit related
      Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX


Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-13): XXXXX
02/02/2026     1 C A C A   TX Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70301327 36156579     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Exception already raised for "Need CPA letter confirming if XXXXX, XXXXX and XXXXX are three different companies or is a same company known by these 3 names. Received Account Statements - Business, VVOE-Business/Third Party Verification and Business Narrative showing three different names.", duplicate exception, compliance related.

Compliance related
      Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX


Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-13): XXXXX
02/02/2026     1 C A C A   TX Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70301327 36156580     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Additional asset required to meet the reserve requirements. Undocumented POCB's affecting remaining cash available.       Reviewer Comment (2026-02-02): XXXXX


Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-14): XXXXX
02/02/2026     1 C A C A   TX Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70301327 36156582     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.43099% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $17,940.12 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $15,686.55 (an overage of $2,253.57 or .43099%). EV2 informational       Buyer Comment (2025-12-23): XXXXX
    12/23/2025 2 B B B B   TX Primary Refinance - Rate/Term LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70301327 36156584     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-02-02): XXXXX


Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-13): XXXXX
02/02/2026     1 C A B A   TX Primary Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70301327 36156586     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-02-02): XXXXX


Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-13): XXXXX
02/02/2026     1 C A C A   TX Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70301327 36156587     Credit Guideline Guideline Issue Guideline Rural property type is not permitted per Guidelines.   Subject property is rural with no zoning, adjoins to borrower's commercial business property, appears to meet acceptability requirements. Client to review and confirm acceptability       Reviewer Comment (2025-12-24): XXXXX


Buyer Comment (2025-12-24): XXXXX
12/24/2025     1 C A C A   TX Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77144881 36156603     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower within 3 days of closing was not provided. Waiver not provided.       Buyer Comment (2025-12-11): XXXXX
    12/11/2025 2 B B B B   UT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77144881 36156606     Credit Insurance Insurance Analysis Insurance Insurance address does not match Note address.   Subject address is XXXXX and HOI reflects XXXXX E. Lender to provide corrected HOI correcting subject address.       Reviewer Comment (2025-12-17): XXXXX


Buyer Comment (2025-12-16): XXXXX
12/17/2025     1 C A C A   UT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77144881 36156608     Credit Missing Document General Missing Document Missing Document: Third Party Verification not provided   Document B1 percentage of ownership in XXXXX

Credit related
      Reviewer Comment (2026-02-11): XXXXX


Buyer Comment (2026-02-11): XXXXX
02/11/2026     1   A   A   UT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77144881 36156609     Credit Missing Document General Missing Document Missing Document: Third Party Verification not provided   Document B1 percentage of ownership in XXXXX

Credit related
      Reviewer Comment (2026-02-11): XXXXX


Buyer Comment (2026-02-11): XXXXX
02/11/2026     1   A   A   UT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77144881 36156610     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Document B1 percentage of ownership in XXXXX via reliable third party.

Compliance related
      Reviewer Comment (2026-02-11): XXXXX


Buyer Comment (2026-02-11): XXXXX
02/11/2026     1   A   A   UT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77144881 36156611     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-11): XXXXX


Buyer Comment (2026-02-11): XXXXX
02/11/2026     1   A   A   UT Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 77144881 36156612     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-11): XXXXX


Buyer Comment (2026-02-11): XXXXX
02/11/2026     1   A   A   UT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77144881 36156613     Credit Credit Credit Documentation Credit Insufficient Verification of Rental History.   Provide updated payment history for #XXXXX DLA XX/XX/XX (XX/XX/XX Payment documentation) and #XXXXX (XX/XX/XX Payment documentation) DLA XX/XX/XX.  All payment histories must reflect 0X30 measured from the credit report date. On the credit report date,(XX/XX/XX)  the existing mortgage(s) must be current,
which means that no more than 45 days have elapsed since the last paid installment date.
      Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX


Reviewer Comment (2025-12-19): XXXXX


Buyer Comment (2025-12-18): XXXXX
01/13/2026     1   A   A   UT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74817441 36156614     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower within 3 days of closing was not provided.  Waiver not provided.       Reviewer Comment (2025-12-29): XXXXX


Buyer Comment (2025-12-26): XXXXX
12/29/2025     1 B A B A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74817441 36156615     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.27438% or Final Disclosure APR of 8.33100% is equal to or greater than the threshold of APOR 6.19% + 1.5%, or 7.69000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 8.27438% or Final Disclosure APR of 8.33100% is equal to or greater than the threshold of APOR 6.22% + 1.5%, or 7.72000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2025-12-29): XXXXX


Buyer Comment (2025-12-26): XXXXX
12/29/2025     1 C A C A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74817441 36156616     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2025-12-29): XXXXX


Buyer Comment (2025-12-26): XXXXX
12/29/2025     1 C A C A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74817441 36156617     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Require CPA Impact letter confirming that the use of business funds from XXXXX business bank account ending with #XXXXX will not negatively impact the business.       Reviewer Comment (2025-12-29): XXXXX


Buyer Comment (2025-12-29): XXXXX
12/29/2025     1 C A C A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74817441 36156618     Credit Missing Document General Missing Document Missing Document: CPA Letter not provided   Require CPA Letter as per guidelines The ownership percentage must be verified via a CPA/Tax Preparer, Operating Agreement or equivalent.       Reviewer Comment (2025-12-29): XXXXX


Buyer Comment (2025-12-29): XXXXX
12/29/2025     1 C A C A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74817441 36156619     Compliance Compliance State Compliance State HPML XXXXX HPML Threshold Test Non-Compliant XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 8.27438% or Final Disclosure APR of 8.33100% is equal to or greater than the threshold of APOR 6.19% + 1.5%, or 7.69000%.  Non-Compliant Higher Priced Loan. APR on subject loan of 8.27438% or Final Disclosure APR of 8.33100% is equal to or greater than the threshold of APOR 6.22% + 1.5%, or 7.72000%. Non-Compliant Higher Priced Loan.       Reviewer Comment (2026-02-05): XXXXX


Buyer Comment (2026-02-04): XXXXX
02/05/2026     1 B A B A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74817441 36156620     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Require Mortgage Statement Stating Taxes and Insurance are escrowed and Lease agreement for property XXXXX
Require Mortgage Statement Stating Taxes and Insurance are escrowed for property XXXXX.
      Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-14): XXXXX


Reviewer Comment (2025-12-29): XXXXX


Buyer Comment (2025-12-29): XXXXX
01/15/2026     1 C A C A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74817441 36156621     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Require CPA Letter as per guidelines The ownership percentage must be verified via a CPA/Tax Preparer, Operating Agreement or equivalent. Also need CPA for asset impact.

Compliance related
      Reviewer Comment (2025-12-29): XXXXX


Buyer Comment (2025-12-29): XXXXX
12/29/2025     1 C A C A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74817441 36156623     Compliance Compliance State Compliance State HPML (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) XXXXX Higher-Priced Mortgage Loan:  Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for.         Reviewer Comment (2026-02-05): XXXXX


Buyer Comment (2026-02-04): XXXXX
02/05/2026     1 B A B A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74817441 36156625     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - REO 25% Method Ability to Repay (Dodd-Frank XXXXX): Unable to verify Real Estate Owned income (25% Method) using reasonably reliable third-party records. Require Lease agreement as it is missing for property XXXXX.       Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-14): XXXXX


Reviewer Comment (2025-12-29): XXXXX


Buyer Comment (2025-12-29): XXXXX
01/15/2026     1 C A C A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74817441 36156626     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. Waterfall due to  General Ability-to-Repay requirements not satisfied.       Reviewer Comment (2026-01-15): XXXXX
01/15/2026     1 A A A A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74817441 36156628     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-14): XXXXX


Reviewer Comment (2025-12-29): XXXXX


Buyer Comment (2025-12-29): XXXXX
01/15/2026     1 C A B A   MD Primary Purchase Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74817441 36156629     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to Insufficient income documentation the CPA Letter required per Investor Guidelines was not provided causing the loan to waterfall through the ATR Testing.       Reviewer Comment (2025-12-29): XXXXX


Buyer Comment (2025-12-29): XXXXX
12/29/2025     1 C A C A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70538733 36156638     Credit System General Appraisal Reconciliation Valuation address does not match Note address. - Updated appraisal require with correct zip code, XXXXX.       Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-15): XXXXX
01/27/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70538733 36156640     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Purchase Agreement / Sales Contract not provided   Purchase Agreement not signed by co-borrower XXXXX. Require updated purchase contract or addendum including Co-Borrower name and signature.       Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-14): XXXXX
01/15/2026     1 D A D A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70538733 36156641     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank XXXXX): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 50.07734% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) Credit Tradeline XXXXX, XXXXX and XXXXX omitted from DTI calculation, however omission proof is missing. Additionally Provide QCD for XXXXX as Borrower Quit claiming the property ownership. Credit supplement still shows mortgage under borrower.       Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-15): XXXXX
01/27/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70538733 36156642     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Credit Tradeline XXXXX, XXXXX and XXXXX omitted from DTI calculation, however omission proof is missing. Additionally Provide QCD for XXXXX as Borrower Quit claiming the property ownership. Credit supplement still shows mortgage under borrower.       Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-15): XXXXX
01/27/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70538733 36156643     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank XXXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. File contains evidence appraisal report provided is an updated report. Delivery confirmations dated earlier than report date of report located in file. Lender to provide all previous appraisal reports/updates.       Buyer Comment (2026-01-14): XXXXX
    01/14/2026 2 B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70538733 36156645     Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule (Dodd-Frank XXXXX): Safe Harbor requirements not satisfied. File contains evidence appraisal report provided is an updated report. Delivery confirmations dated earlier than report date of report located in file. Lender to provide all previous appraisal reports/updates.       Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-28): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-16): XXXXX


Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-14): XXXXX
01/30/2026     1 B A B A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70538733 36156647     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared       Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-15): XXXXX
01/27/2026     1 C A B A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70538733 36156648     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to DTI exceeding guideline limit. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-15): XXXXX
01/27/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70538733 36156649     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure XX/XX/XX on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. Available Seller CD does not have any fees paid by Seller.       Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-14): XXXXX
01/15/2026     1 C A C A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70538733 36156650     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 Appraisal Re-Inspection Fee.  Fee Amount of $150.00 exceeds tolerance of $0.00.  $150.00 over legal limit.  Insufficient or no cure was provided to the borrower. 1004D (Re-Inspection) Fee  was disclosed as $0 on Initial LE and $1150 on Final CD.  No Evidence of cure and no valid COC provided in file. $0 cure already provided on CD.       Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-14): XXXXX
01/15/2026     1 C A C A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70544925 36156661     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Hazard Insurance Policy is missing in file.       Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX
01/13/2026     1 C A C A   WV Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70544925 36156665     Compliance Compliance State Compliance State Defect West Virginia Residential Mortgage Lender, Broker, and Servicer Act (Borrower Not Charged for Actual Amounts of Third Party Fees) XXXXX Residential Mortgage Lender, Broker and Servicer Act: No evidence in file to support that the borrower was charged the actual amounts for all third party fees. Missing invoice for Appraisal, title  and credit charges to confirm charges.       Reviewer Comment (2026-02-04): XXXXX


Buyer Comment (2026-02-02): XXXXX


Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX
02/04/2026     1 C A C A   WV Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72213867 36156666     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-sign Consent Agreement is missing.       Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-22): XXXXX
01/22/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72213867 36156667     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - CPA letter is required to provide evidence of percentage of ownership.
Compliance Related
      Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-28): XXXXX
01/30/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72213867 36156669     Credit Missing Document General Missing Document Missing Document: CPA Letter not provided   CPA letter is required to provide evidence of percentage of ownership.
Compliance Related
      Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-02-02): XXXXX
02/02/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72213867 36156670     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   CPA impact letter is required for using Funds from Business Account #XXXXX.       Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-28): XXXXX
01/30/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72213867 36156671     Compliance Compliance Federal Compliance TRID ECOA Appraisal Disclosure - ECOA Status ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. File is missing Right to Receive Copy of Appraisal       Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-22): XXXXX
    01/22/2026 2 B B B B   CA Primary Purchase Good faith redisclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72213867 36156672     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower within 3 days of closing was not provided.  Waiver not provided.       Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-22): XXXXX
01/22/2026     1 B A B A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72213867 36156673     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower within 3 days of closing was not provided.  Waiver not provided.       Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-22): XXXXX
    01/22/2026 2 B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72213867 36156675     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower.         Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-22): XXXXX
01/22/2026     1 B A B A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72213867 36156676     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $2,204,513.34 is over disclosed by $2,000.00 compared to the calculated Amount Financed of $2,202,513.34 and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX). Amount Financed disclosed is $2,204,513.34 Calculated Amount Financed is $2,202,513.34 Variance of $1500, XXXXX under section H included in testing.       Reviewer Comment (2026-02-05): XXXXX


Buyer Comment (2026-02-04): XXXXX


Reviewer Comment (2026-02-03): XXXXX


Buyer Comment (2026-02-02): XXXXX


Reviewer Comment (2026-01-29): XXXXX


Buyer Comment (2026-01-28): XXXXX
02/05/2026     1 C A C A   CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72213867 36156677     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of $3,528,149.44 is under disclosed by $1,500.00 compared to the calculated Finance Charge of $3,529,649.44 which exceeds the $100.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX). Finance Charge disclosed is $3,528,149.44 Calculated finance charge is $3,530,149.44.  Variance of -$1500, Transaction Coordinator XXXXX under section H included in testing.       Reviewer Comment (2026-02-05): XXXXX


Buyer Comment (2026-02-04): XXXXX


Reviewer Comment (2026-02-03): XXXXX


Buyer Comment (2026-02-02): XXXXX


Reviewer Comment (2026-01-29): XXXXX


Buyer Comment (2026-01-28): XXXXX
02/05/2026     1 C A C A   CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72213867 36156678     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Initial Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing, earlier receipt is missing in the file.       Reviewer Comment (2026-01-28): XXXXX
01/28/2026     1 C A C A   CA Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72213867 36156679     Compliance Compliance Federal Compliance TRID Defect TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s).  The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing.  Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $14,766.50 may be required. File is missing the required Loan Estimate and evidence delivery.       Reviewer Comment (2026-01-28): XXXXX
01/28/2026     1 C A C A   CA Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72213867 36156681     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 Title - Lender's Title Insurance.  Fee Amount of $2,300.00 exceeds tolerance of $2,200.00.  $100.00 over legal limit.  Insufficient or no cure was provided to the borrower. Title - Lender's Title Insurance fee on Loan Estimate as copy is missing in the file and fee is disclosed as $2,300.00 on Final CD. No Evidence of cure and no valid COC provided in file.       Reviewer Comment (2026-01-28): XXXXX


Buyer Comment (2026-01-27): XXXXX
01/28/2026     1 C A C A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72213867 36156682     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-02-02): XXXXX
02/02/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72213867 36156683     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-02-02): XXXXX
02/02/2026     1 C A B A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78583393 36156703     Credit Missing Document General Missing Document Missing Document: CPA Letter not provided   Duplicate exception, Two year history of employment not confirmed through business license as business name not the same as for the business income being used for qualification. All Borrowers must also provide evidence that the business has been in existence for at least two years via CPA/Tax Preparer Letter, confirmation from regulatory or state agency or applicable licensing bureau. Credit related       Reviewer Comment (2026-02-04): XXXXX


Buyer Comment (2026-02-03): XXXXX
02/04/2026     1 C A C A   SC Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78583393 36156705     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Two year history of employment not confirmed through business license as business name not the same as for the business income being used for qualification. All Borrowers must also provide evidence that the business has been in existence for at least two years via CPA/Tax Preparer Letter, confirmation from regulatory or state agency or applicable licensing bureau. Compliance related.       Reviewer Comment (2026-02-04): XXXXX


Buyer Comment (2026-02-03): XXXXX


Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX
02/04/2026     1 C A C A   SC Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78583393 36156710     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. ATR failure due to insufficient income documentation-missing CPA letter. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-18): XXXXX


Reviewer Comment (2026-02-11): XXXXX


Buyer Comment (2026-02-10): XXXXX


Reviewer Comment (2026-02-04): XXXXX


Buyer Comment (2026-02-03): XXXXX
02/18/2026     1 C A B A   SC Primary Refinance - Rate/Term Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 78583393 36156711     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank XXXXX): Unable to verify current employment status using reasonably reliable third-party records. Loan Designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. CPA letter required to confirm two years of employment history.       Reviewer Comment (2026-02-18): XXXXX


Reviewer Comment (2026-02-11): XXXXX


Buyer Comment (2026-02-10): XXXXX


Reviewer Comment (2026-02-04): XXXXX


Buyer Comment (2026-02-03): XXXXX
02/18/2026     1 C A C A   SC Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78583393 36156712     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. Loan Designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. Documentation not provided to confirm two years of employment history.       Reviewer Comment (2026-02-18): XXXXX
02/18/2026     1 A A A A   SC Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 78583393 36156713     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. This exception will be cleared once all ATR specific exceptions have been cured/cleared. documentation not provided to confirm two years of employment history.       Reviewer Comment (2026-02-04): XXXXX


Buyer Comment (2026-02-03): XXXXX
02/04/2026     1 C A C A   SC Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75406548 36156720     Credit Missing Document General Missing Document Missing Document: CPA Letter not provided   Borrowers must provide evidence that the business has been in existence for at least two years via CPA/Tax Preparer Letter, confirmation from regulatory or state agency, or applicable licensing bureau.       Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-29): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-22): XXXXX
01/30/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75406548 36156721     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Need CPA letter confirming borrowers' ownership percentage in business, and to confirm the business has been in existence for at least two years.       Reviewer Comment (2026-01-30): XXXXX
01/30/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75406548 36156724     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. The loan was approved with an Originator Loan Designation of (Non-QM) but the required CPA letter was not provided causing the loan to waterfall through the Non-QM Testing.       Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-29): XXXXX
01/30/2026     1 C A B A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75406548 36156725     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-29): XXXXX
01/30/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79119852 36156727     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Document supporting Other Payments $1,258.28. Per 1003 PITI is $4,168.00 and HOA of $2,000.00. HOA provided in file is for $741.72 per month.       Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-29): XXXXX


Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX
02/02/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79119852 36156729     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   CPA impact letter is required for using Funds from Business Account #XXXXX.       Reviewer Comment (2026-02-12): XXXXX


Buyer Comment (2026-02-11): XXXXX


Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX
02/12/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74835496 36156737     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank XXXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. File contains evidence appraisal report provided is an updated report. Delivery confirmations dated earlier than report date of report located in file. Lender to provide previous appraisal reports.       Reviewer Comment (2026-01-26): XXXXX


Buyer Comment (2026-01-23): XXXXX
01/26/2026     1 B A B A   ID Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70262415 36156739     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank XXXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. File contains evidence of appraisal report provided is an updated report. Delivery confirmations dated XX/XX/XX is earlier than report date of report located in file. Lender to provide all previous appraisal reports/updates.       Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX
02/02/2026     1 B A B A   ID Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70262415 36156741     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.50337% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $28,505.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $18,989.12 (an overage of $9,515.88 or 1.50337%). EV2 informational       Buyer Comment (2026-01-20): XXXXX
    01/20/2026 2 B B B B   ID Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79325928 36156749     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - As per guidelines a business narrative is required from the borrower to describe the type of business and number of employees. Per CPA Letter provided, the borrower has no employees but it does not specify the type of business.       Reviewer Comment (2026-02-12): XXXXX


Buyer Comment (2026-02-11): XXXXX
02/12/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79325928 36156752     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-12): XXXXX


Buyer Comment (2026-02-11): XXXXX
02/12/2026     1 C A B A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79325928 36156753     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to Insufficient income documentation the required Business Narrative document per Investor Guidelines was not provided causing the loan to waterfall through the ATR Testing.       Reviewer Comment (2026-02-12): XXXXX


Buyer Comment (2026-02-11): XXXXX
02/12/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79325928 36156754     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank XXXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. File contains evidence appraisal report provided is an updated report. Delivery confirmations dated earlier than report date of report located in file.  Lender to provide all previous appraisal reports/updates.       Reviewer Comment (2026-02-11): XXXXX


Buyer Comment (2026-02-10): XXXXX
02/11/2026     1 B A B A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77968993 36156773     Credit Guideline Guideline Issue Guideline "Other" housing history reflects lates that do not meet guidelines.   Borrower XXXXX & XXXXX current address is XXXXX, (Property sold XX/XX/XX) XXXXX mort #XXXXX, 4 months, open date XX/XX/XX paid date XX/XX/XX as per credit report, no delinquency noted + XX/XX/XX mortgage statement, missing payment verified paid within month due for XX/XX/XX       Reviewer Comment (2026-02-03): XXXXX


Buyer Comment (2026-02-02): XXXXX
02/03/2026     1 C A C A   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77968993 36156774     Credit Missing Document General Missing Document Missing Document: W-2 Transcript not provided   Missing transcripts for income years provided.       Reviewer Comment (2026-02-11): XXXXX


Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX
02/11/2026     1 C A C A   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77968993 36156775     Credit Missing Document General Missing Document Missing Document: W-2 Transcript not provided   Missing transcripts for income years provided.       Reviewer Comment (2026-02-13): XXXXX


Buyer Comment (2026-02-11): XXXXX


Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX
02/13/2026     1 C A C A   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72375905 36156776     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Need evidence of property being free and clear.       Reviewer Comment (2026-02-03): XXXXX


Buyer Comment (2026-02-03): XXXXX
02/03/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72375905 36156778     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 Transfer Tax.  Fee Amount of $XXXXX exceeds tolerance of $XXXXX.  $299.87 over legal limit.  Insufficient or no cure was provided to the borrower. Transfer tax Fee was disclosed as $XXXXX on Initial LE and $XXXXX on Final CD. Evidence of cure not provided in file. COC not present.       Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX
02/02/2026     1 C A C A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72375905 36156779     Credit Missing Document General Missing Document Missing Document: Account Statements - Personal not provided   Provided bank statements are more than 120 days old. Need most recent 1 months bank statement within 120 days of note date. Acct# XXXXX.       Reviewer Comment (2026-02-04): XXXXX


Buyer Comment (2026-02-04): XXXXX


Reviewer Comment (2026-02-03): XXXXX


Buyer Comment (2026-02-03): XXXXX
02/04/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72375905 36156780     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower. Creditor did not provide List of Homeownership Counseling Organizations.       Reviewer Comment (2026-02-03): XXXXX


Buyer Comment (2026-02-02): XXXXX
02/03/2026     1 B A B A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72375905 36156783     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-02-09): XXXXX


Buyer Comment (2026-02-09): XXXXX


Reviewer Comment (2026-02-05): XXXXX


Buyer Comment (2026-02-04): XXXXX
02/09/2026     1 C A B A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 72375905 36156784     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-02-09): XXXXX


Reviewer Comment (2026-02-05): XXXXX


Buyer Comment (2026-02-04): XXXXX
02/09/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72375905 36156785     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ LOX noted that K-1 unavailable, however, guides require Missing one of the following for XXXXX year end earnings must be documented to support ongoing receipt of 1099 income with either of the following and must be within 10% of qualifying income:

o Checks or a single check stub with YTD totals or
o YTD bank statements
Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has been employed in the same industry for more than 5 years.

Borrower has worked in the same position for more than 3 years.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The representative FICO score exceeds the guideline minimum by at least 40 points.
30 vs 12 SitusAMC,Aggregator

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-02-09): XXXXX


Buyer Comment (2026-02-09): XXXXX


Reviewer Comment (2026-02-05): XXXXX


Buyer Comment (2026-02-03): XXXXX
    02/09/2026 2 C B C B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70289982 36156874     Credit Guideline Guideline Issue Guideline "Other" housing history reflects lates that do not meet guidelines.   Require 6 months additional housing history from XX/XX/XX to XX/XX/XX with previous address XXXXX as per guidelines for rental verification, a credit supplement, standard VOR completed by a professional management company or 12 months bank statements or canceled checks are required or LOE is required if Borrower was living Rent Free, as per guidelines XXXXX requires a 12-month housing history. Borrower current address is XXXXX, XXXXX #XXXXX, 6 months history verified from XX/XX/XX paid till XX/XX/XX as per VOM Doc Id XXXXX. Previous address is XXXXX no history of rent or LOE provided with regards to details of this property. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The representative FICO score exceeds the guideline minimum by at least 40 points.
20 vs 9 SitusAMC,Aggregator

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-02-11): XXXXX


Buyer Comment (2026-02-11): XXXXX
    02/11/2026 2 C B C B   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 77219605 36156952     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $141.00 exceeds tolerance of $125.00 plus 10% or $137.50.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-02-02): XXXXX
  02/02/2026   1 A A A A   TX Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75354893 36157029     Credit Loan Eligibility Guideline Issue Loan Eligibility Credit history reflects lates that do not meet guidelines. - Credit history reflects a total of ___ reported late payments. Need Letter of Explanation (LOE) from the borrower for late credit payments under derogatory accounts.       Reviewer Comment (2026-02-16): XXXXX


Buyer Comment (2026-02-13): XXXXX
02/16/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75354893 36157033     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-19): XXXXX
02/19/2026     1 A A A A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75354893 36157034     Credit Missing Document General Missing Document Missing Document: CPA Letter not provided   Missing  the Borrower's business ownership percentage must be at least 25%.       Reviewer Comment (2026-02-19): XXXXX


Buyer Comment (2026-02-19): XXXXX


Reviewer Comment (2026-02-16): XXXXX


Buyer Comment (2026-02-13): XXXXX
02/19/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 75354893 36157035     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-19): XXXXX


Reviewer Comment (2026-02-16): XXXXX


Buyer Comment (2026-02-13): XXXXX
02/19/2026     1 C A B A   TX Primary Purchase Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 75354893 36157036     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank XXXXX): Unable to verify current employment status using reasonably reliable third-party records. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-19): XXXXX


Reviewer Comment (2026-02-16): XXXXX


Buyer Comment (2026-02-13): XXXXX
02/19/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73355895 36281297     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in the file disclosed an amount of title insurance coverage that is less than the loan amount. Escrow instructions show the correct loan amount; please override. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-05-27): XXXXX
    04/16/2026 2 B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73053955 36295730     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal delivered to borrower was not provided.             04/20/2026 2 B B B B   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74878022 36325872     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-Sign Consent Agreement is missing in file.       Reviewer Comment (2026-02-19): XXXXX


Buyer Comment (2026-02-18): XXXXX
02/19/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74878022 36325873     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Missing evidence of unfettered access to Account #XXXXX.
Missing CPA /CFA confirming no impact for use of acct#XXXXX.
      Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-02-27): XXXXX


Reviewer Comment (2026-02-25): XXXXX


Buyer Comment (2026-02-25): XXXXX


Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-19): XXXXX
03/03/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74878022 36325877     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank XXXXX): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 54.65503% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) The lender has provided two underwriting worksheets-one based on 12-month bank statements and another based on 24-month bank statements.
As borrower is XXXXX in restaurant selling XXXXX with the employee count 4.

1) According to the 1008 and the Rate Lock, the qualifying income has been derived from the 12-month bank statements. Using the 12-month bank statement income, a variance in DTI has been identified.
2) The lender calculated income using 100% usability from the business account. Per guidelines, a 50% expense factor must be applied. After applying the required expense ratio, the borrower's DTI exceeds the allowable guideline limits.
      Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-02-27): XXXXX


Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-19): XXXXX
03/03/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74878022 36325878     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-02-27): XXXXX


Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-19): XXXXX
03/03/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74878022 36325879     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Lender has provided 2 Underwriting worksheets. one is for 12 months and another one is for 24 months. As per 1008 & Rate lock, it shows 12 month bank statement income.
DTI variance - lender has considered 100% usability for income calculation by using Business account. As per guidelines, we have considered expense ratio as 50%, due to this DTI is exceeding the guideline requirement.
      Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-02-27): XXXXX


Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-19): XXXXX
03/03/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74878022 36325880     Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Borrowers who have lived in a rent-free situation are ineligible. No verification for rent free status found at time of review. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-16): XXXXX


Buyer Comment (2026-03-16): XXXXX
    03/16/2026 2 C B C B   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74878022 36325881     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. The excessive DTI results in ATR Risk.       Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-02-27): XXXXX


Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-19): XXXXX
03/03/2026     1 C A B A   TX Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70171530 36325944     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided   Loan Underwriting and Transmittal Summary (1008) is required with updated income and total expenses. Provided 1008 has incorrect income and total expense includes PITIA of pending sale property.       Reviewer Comment (2026-02-25): XXXXX


Buyer Comment (2026-02-25): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Buyer Comment (2026-02-19): XXXXX
02/25/2026     1 C A C A   AL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70171530 36325947     Compliance Compliance State Compliance State Late Charge XXXXX Late Charge Percent and Amount Testing XXXXX Late Charge: Note late charge amount of $286.10 exceeds the state maximum of $100.         Reviewer Comment (2026-02-25): XXXXX


Buyer Comment (2026-02-24): XXXXX
02/25/2026     1 B A B A   AL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70171530 36325949     Credit Missing Document General Missing Document Missing Document: HUD/CD (Asset) not provided   Closing Disclosure provided is not stamped or signed for the sale of XXXXX.  Need signed CD. Without using these funds, the file will be short funds to close.       Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-19): XXXXX
02/20/2026     1 C A C A   AL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70171530 36325950     Credit Credit Miscellaneous Guideline Credit Exception:   Per seller, the Note on this loan had to be corrected. Provide copy of corrected Note.       Reviewer Comment (2026-03-12): XXXXX


Buyer Comment (2026-03-11): XXXXX
03/12/2026     1   A   A   AL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70610570 36325962     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   The security instrument in file is missing " true and certified stamped copy of the original recorded".       Reviewer Comment (2026-02-26): XXXXX


Buyer Comment (2026-02-26): XXXXX
02/26/2026     1 D A D A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70610570 36325963     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - A business narrative is required from the borrower to describe the type of business and number of employees.       Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-03-02): XXXXX
03/03/2026     1 C A C A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70610570 36325968     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 Collateral Desktop Analysis.  Fee Amount of $205.00 exceeds tolerance of $0.00.  $205.00 over legal limit.  Insufficient or no cure was provided to the borrower. Collateral Desktop Analysis fees was disclosed as $0.00 on Initial LE and $205.00 on Final CD.  No Evidence of cure and no valid COC provided in file       Reviewer Comment (2026-03-05): XXXXX


Buyer Comment (2026-03-04): XXXXX
03/05/2026     1 C A C A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70610570 36325969     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-03-02): XXXXX
03/03/2026     1 C A B A   FL Second Home Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 70610570 36325970     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-03-02): XXXXX
03/03/2026     1 C A C A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70610570 36325971     Compliance Loan Package Documentation Loan File Incomplete File (Missing Doc) Loan images/file not provided   In the appraisal report, a photograph has not been provided for Comparable 6, XXXXX.       Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-02-27): XXXXX
03/03/2026     1 D A D A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70610570 36325972     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank XXXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. File contains evidence appraisal report provided is an updated report. Delivery confirmations dated earlier than report date of report located in file.  Lender to provide all previous appraisal reports/updates.       Reviewer Comment (2026-02-27): XXXXX


Buyer Comment (2026-02-26): XXXXX
02/27/2026     1 B A B A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76097462 36326006     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - HOA Verification $350/mo, XXXXX is missing       Reviewer Comment (2026-03-06): XXXXX


Buyer Comment (2026-03-04): XXXXX


Reviewer Comment (2026-02-25): XXXXX


Buyer Comment (2026-02-24): XXXXX
03/06/2026     1 C A C A   VA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76097462 36326008     Credit Missing Document General Missing Document Missing Document: CPA Letter not provided   Require CPA letter stating percentage of ownership. Credit Related       Reviewer Comment (2026-02-10): XXXXX


Buyer Comment (2026-02-10): XXXXX
02/10/2026     1 C A C A   VA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76097462 36326009     Credit Missing Document General Missing Document Missing Document: Third Party Verification not provided   Third party verification required as provided SOS search does not have document date. Credit Related       Reviewer Comment (2026-02-10): XXXXX


Buyer Comment (2026-02-10): XXXXX
02/10/2026     1 C A C A   VA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76097462 36326010     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   CPA or licensed tax preparer to provide a statement indicating withdrawal of the funds will not negatively impact the business.       Reviewer Comment (2026-02-10): XXXXX


Buyer Comment (2026-02-10): XXXXX
02/10/2026     1 C A C A   VA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76097462 36326011     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - 1) Require percentage of ownership via reliable third party and 2) Third party Verification Require as provided SOS search does not have document date. Compliance Related       Reviewer Comment (2026-02-10): XXXXX


Buyer Comment (2026-02-10): XXXXX
02/10/2026     1 C A C A   VA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76097462 36326012     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-10): XXXXX


Buyer Comment (2026-02-10): XXXXX
02/10/2026     1 C A B A   VA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76097462 36326013     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-10): XXXXX


Buyer Comment (2026-02-10): XXXXX
02/10/2026     1 C A C A   VA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 72715174 36326048     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 Loan Discount Points.  Fee Amount of $4,313.25 exceeds tolerance of $3,914.00.  $399.25 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Points was disclosed as $3,914.00 on Initial LE and $4,313.25 on Final CD. No Evidence of cure and no valid COC provided in file.       Reviewer Comment (2026-02-24): XXXXX


Buyer Comment (2026-02-23): XXXXX
02/24/2026     1 C A C A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76697663 36326070     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Require CPA letter stating funds withdrawn from the business account #XXXXX will not negatively impact the business.       Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-06): XXXXX


Reviewer Comment (2026-02-26): XXXXX


Buyer Comment (2026-02-26): XXXXX
03/09/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76697663 36326075     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-06): XXXXX


Reviewer Comment (2026-02-26): XXXXX


Buyer Comment (2026-02-26): XXXXX
03/09/2026     1 C A B A   TX Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76697663 36326076     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient asset documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-06): XXXXX


Reviewer Comment (2026-02-26): XXXXX


Buyer Comment (2026-02-26): XXXXX
03/09/2026     1 C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74483492 36326098     Credit Insurance Insurance Analysis Insurance Insurance address does not match Note address.   City name on HOI policy reflects as XXXXX instead of "XXXXX". Provide corrected HOI policy with updated city name as per title document.       Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-19): XXXXX
02/20/2026     1 C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70449961 36326161     Credit Guideline Guideline Issue Guideline "Other" housing history reflects lates that do not meet guidelines.   Borrowers who have lived in a rent-free situation are ineligible. Borrower is staying rent free for more than 3 months. Lender exception available in file with compensating factor: Fico Score - 784 and Previous clean housing history for 42 months.- Lender Exception is not signed as Approved. Please confirm investor acceptability for downgrade consideration. Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-12): XXXXX


Buyer Comment (2026-03-10): XXXXX
    03/12/2026 2 C B C B   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70449961 36326166     Compliance Compliance State Compliance Misc. State Level Ohio Consumer Sales Practices Act (Acknowledgement of Receipt of Home Mortgage Loan Information Document Not Retained by Lender) XXXXX Consumer Sales Practices Act: Acknowledgement of Receipt of Home Mortgage Loan Information Document not retained by lender. Acknowledgement of Receipt of Home Mortgage Loan Information Document not Provided       Reviewer Comment (2026-03-12): XXXXX


Buyer Comment (2026-03-11): XXXXX
03/12/2026     1 B A B A   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71576269 36492656     Credit Missing Document General Missing Document Missing Document: Source of Funds/Deposit not provided   Require LOX for the amount $4,400.00 &  $5,100.00 reflecting in XXXXX #XXXXX.       Reviewer Comment (2026-03-18): XXXXX


Buyer Comment (2026-03-17): XXXXX
03/18/2026     1 C A C A   AL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71576269 36492660     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-18): XXXXX


Buyer Comment (2026-03-17): XXXXX
03/18/2026     1 C A B A   AL Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71576269 36492661     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient asset documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-18): XXXXX


Buyer Comment (2026-03-17): XXXXX
03/18/2026     1 C A C A   AL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71576269 36492662     Credit Credit Miscellaneous Guideline Credit Exception:   Primary LO not listed on the Closing CD. Please provide corrected PCCD and LOE to the consumer disclosing NMLS information for primary LO at closing XXXXX.       Reviewer Comment (2026-03-19): XXXXX


Buyer Comment (2026-03-17): XXXXX
03/19/2026     1   A   A   AL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71640647 36492731     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - No. of employees information is missing on received business narrative. Business narrative is required from the borrower mentioning number of employees.       Reviewer Comment (2026-03-19): XXXXX


Buyer Comment (2026-03-18): XXXXX
03/19/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71640647 36492734     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Received VOR covering 11 months for current primary residence XXXXX. As per guideline need 12-month housing history. As per final 1003, borrower's previous primary address was XXXXX with monthly rent of $XXXXX. Please provide a VOR completed by a professional management company or payment history.       Reviewer Comment (2026-03-19): XXXXX


Buyer Comment (2026-03-18): XXXXX


Reviewer Comment (2026-03-13): XXXXX


Buyer Comment (2026-03-12): XXXXX


Reviewer Comment (2026-03-10): XXXXX


Buyer Comment (2026-03-09): XXXXX
03/19/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 71640647 36492735     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-19): XXXXX


Buyer Comment (2026-03-18): XXXXX


Reviewer Comment (2026-03-10): XXXXX


Buyer Comment (2026-03-10): XXXXX
03/19/2026     1 C A B A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 71640647 36492736     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-19): XXXXX


Buyer Comment (2026-03-18): XXXXX
03/19/2026     1 C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74214938 36492822     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ As per guidelines a business narrative is required from the borrower to describe the type of business and number of employees, number of employees is not mentioned in the current business Narrative document, require updated document with number of employees.       Reviewer Comment (2026-03-31): XXXXX


Buyer Comment (2026-03-31): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-23): XXXXX
03/31/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74214938 36492823     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - For property XXXXX, require proof and source document that mortgage is paid off by business (Free and Clear) and tax and insurance is being paid by business,  per 1008 document additional instructions - This home was purchased in name of Borrower's business and the business pays for taxes and insurance, no HOA and mortgage has been paid off.  Require 12-month payment history from the business, XXXXX on this property.       Reviewer Comment (2026-03-10): XXXXX


Buyer Comment (2026-03-06): XXXXX
03/10/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74214938 36492824     Credit Insurance Insurance Analysis Insurance Insurance address does not match Note address.   Require updated Hazard Insurance and Replacement Cost Estimate document for subject property with city name shown as "XXXXX," not "XXXXX".       Reviewer Comment (2026-03-11): XXXXX


Buyer Comment (2026-03-09): XXXXX
03/11/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74214938 36492825     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   As per guidelines Copy of security instrument submitted in the file must be a true and certified stamped copy of the original recorded security instrument.       Reviewer Comment (2026-03-03): XXXXX
03/03/2026     1 D A D A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74214938 36492830     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-31): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-23): XXXXX
03/31/2026     1 C A B A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74214938 36492831     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to Insufficient income documentation required per Investor Guidelines was not provided causing the loan to waterfall through the ATR Testing.       Reviewer Comment (2026-03-31): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-23): XXXXX
03/31/2026     1 C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74214938 36492832     Compliance Compliance Federal Compliance TRID Defect TRID Interim Closing Disclosure Timing Regular APR Change TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure issued on XX/XX/XX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. Corrected Closing Disclosure issued on XX/XX/XX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. The initial CD dated XX/XX/XX APR is blank and unable to test.       Reviewer Comment (2026-03-24): XXXXX


Buyer Comment (2026-03-23): XXXXX


Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-19): XXXXX


Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-06): XXXXX
03/24/2026     1 C A C A   FL Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 70599079 36492883     Credit Loan Package Documentation Closing / Title Loan Package Documentation Title Error:  Title policy/commitment does not reflect sufficient title insurance coverage   Title report reflects "XXXXX ", All credit docs reflect "XXXXX ", all doc to be updated to match title or title to be changed or client to accept as is.       Reviewer Comment (2026-03-23): XXXXX


Buyer Comment (2026-03-23): XXXXX
03/23/2026     1 C A C A   UT Primary Purchase   Non QM Exempt from ATR No
[redacted] [redacted] [redacted] [redacted] 70599079 36492884     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank XXXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. File contains evidence appraisal report provided is an updated report. Delivery confirmations dated earlier than report date of report located in file. Lender to provide all previous appraisal reports/updates.       Reviewer Comment (2026-03-31): XXXXX


Buyer Comment (2026-03-27): XXXXX


Reviewer Comment (2026-03-23): XXXXX


Buyer Comment (2026-03-19): XXXXX
03/31/2026     1 B A B A   UT Primary Purchase   Non QM Exempt from ATR No
[redacted] [redacted] [redacted] [redacted] 70599079 36492885     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 XX/XX/XX 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. E-sign consent dated XX/XX/XX.       Reviewer Comment (2026-04-08): XXXXX


Buyer Comment (2026-04-07): XXXXX


Reviewer Comment (2026-04-07): XXXXX


Buyer Comment (2026-04-06): XXXXX


Reviewer Comment (2026-04-01): XXXXX


Buyer Comment (2026-03-31): XXXXX


Reviewer Comment (2026-03-30): XXXXX


Buyer Comment (2026-03-27): XXXXX
04/08/2026     1 C A C A   UT Primary Purchase   Non QM Exempt from ATR No
[redacted] [redacted] [redacted] [redacted] 70599079 36492887     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Lender Exception(s) not provided   Lender exception provided but not signed- #XXXXX Min credit requirement - A minimum of three (3) tradeline from traditional credit source hat reported for 24 months or more. The borrower has limited credit, two trade-lines reporting with 24 months or more. XXXXX & XXXXX. The next closet is XXXXX with 16 months , closed in XXXXX. Review for acceptance. Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-16): XXXXX


Buyer Comment (2026-03-12): XXXXX
    03/16/2026 2 C B C B   UT Primary Purchase   Non QM Exempt from ATR No
[redacted] [redacted] [redacted] [redacted] 70599079 36492888     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Guidelines require funds from a business account XXXXX (if the Borrower is the sole owner of the company or the other owner is the non-borrowing spouse and the company's CPA or licensed tax preparer provides a statement indicating withdrawal of the funds will not negatively impact the business or meets XXXXX guidance for cash flow analysis) may be used for down payment and closing costs. Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-04-07): XXXXX


Buyer Comment (2026-04-07): XXXXX
    04/07/2026 2 C B C B   UT Primary Purchase   Non QM Exempt from ATR No
[redacted] [redacted] [redacted] [redacted] 70599079 36492889     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Guidelines require funds from a business account XXXXX (if the Borrower is the sole owner of the company or the other owner is the non-borrowing spouse and the company's CPA or licensed tax preparer provides a statement indicating withdrawal of the funds will not negatively impact the business or meets XXXXX guidance for cash flow analysis) may be used for down payment and closing costs. Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-04-07): XXXXX
    04/07/2026 2 C B C B   UT Primary Purchase   Non QM Exempt from ATR No
[redacted] [redacted] [redacted] [redacted] 70599079 36492890     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Missing evidence the appraisal was provided at least three (3) business days prior to consummation.       Reviewer Comment (2026-03-31): XXXXX


Buyer Comment (2026-03-27): XXXXX


Reviewer Comment (2026-03-23): XXXXX


Buyer Comment (2026-03-19): XXXXX
03/31/2026     1 B A B A   UT Primary Purchase   Non QM Exempt from ATR No
[redacted] [redacted] [redacted] [redacted] 70599079 36492891     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.98420% or Final Disclosure APR of 8.98800% is equal to or greater than the threshold of APOR 6.14% + 2.5%, or 8.64000%.  Non-Compliant Higher Priced Mortgage Loan. Loan is non-compliant HPML due to missing evidence of appraisal delivery three days prior to closing.       Reviewer Comment (2026-03-31): XXXXX


Buyer Comment (2026-03-27): XXXXX
03/31/2026     1 C A C A   UT Primary Purchase   Non QM Exempt from ATR No
[redacted] [redacted] [redacted] [redacted] 70599079 36492892     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Missing evidence the appraisal was provided at least three (3) business days prior to consummation.       Reviewer Comment (2026-03-31): XXXXX


Buyer Comment (2026-03-27): XXXXX
03/31/2026     1 C A C A   UT Primary Purchase   Non QM Exempt from ATR No
[redacted] [redacted] [redacted] [redacted] 70599079 36492893     Credit Income / Employment Income Documentation Income / Employment Document Error: Bank statement account number not provided.   Lender Exception provided but not signed for Use of business asset when the borrower is not the sole owner of the business. 50% owner on one and 40% on  the other. Business give as 13 month reserve.

Review for acceptance
Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-16): XXXXX


Buyer Comment (2026-03-12): XXXXX
    03/16/2026 2 B B B B   UT Primary Purchase   Non QM Exempt from ATR No
[redacted] [redacted] [redacted] [redacted] 70599079 36492894     Compliance Compliance Federal Compliance Compliance Federal HPML Appraisal - CDFI Not Exempt TILA HPML Appraisal Rule (Dodd-Frank XXXXX): ATR Exempt CDFI loan does not qualify for exemption from Federal HPML Appraisal requirements under 1026.35(c)(2) due to loan failing one or more of the QM requirements under 1026.43(c)(2)(i)-(iii) or (vi) (Loan Feature, Loan Term, Points and Fees, or QM APOR Rate Threshold.         Reviewer Comment (2026-03-31): XXXXX


Buyer Comment (2026-03-27): XXXXX
03/31/2026     1 B A B A   UT Primary Purchase   Non QM Exempt from ATR No
[redacted] [redacted] [redacted] [redacted] 74822287 36492970     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Calculated PITIA months reserves of 3.76 is less than required PITIA months reserves of 6 months. Additional assets required. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-04-20): XXXXX


Buyer Comment (2026-04-17): XXXXX


Reviewer Comment (2026-04-03): XXXXX


Buyer Comment (2026-04-01): XXXXX
    04/20/2026 2 C B C B   VA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74822287 36492971     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-04-21): XXXXX


Buyer Comment (2026-04-20): XXXXX


Reviewer Comment (2026-04-03): XXXXX


Buyer Comment (2026-04-01): XXXXX
04/21/2026     1 C A B A   VA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 74822287 36492972     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income and asset documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-04-21): XXXXX


Buyer Comment (2026-04-20): XXXXX


Reviewer Comment (2026-04-03): XXXXX


Buyer Comment (2026-04-01): XXXXX
04/21/2026     1 C A C A   VA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74822287 36492973     Credit Insurance Insurance Analysis Insurance Insurance address does not match Note address.   Need updated hazard insurance doc with correct street address as XXXXX.       Reviewer Comment (2026-03-17): XXXXX


Buyer Comment (2026-03-16): XXXXX
03/17/2026     1 C A C A   VA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 74822287 36492974     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Per guidelines, when the Borrower is purchasing a new property as an Owner-Occupied residence, but will still retain ownership of their existing residence which is being converted to an investment property, the following requirements apply:
• Up to 75% of the rental income can be used to offset the mortgage payment
(PITIA) of the property being retained and rented, if there is:
o A fully executed lease agreement and either:
ü A copy of the tenant's check for security deposit as well
as proof of deposit into the Borrower's account.
ü The first month of rental payment as well as proof of
deposit into the Borrower's account is required.
Missing proof of security deposit or 1st month of rental payment.
      Reviewer Comment (2026-04-20): XXXXX


Buyer Comment (2026-04-16): XXXXX


Reviewer Comment (2026-04-03): XXXXX


Buyer Comment (2026-04-01): XXXXX
04/20/2026     1 C A C A   VA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76374093 36493008     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Required CPA letter indicating withdrawal of the funds will not negatively impact the business acct# XXXXX.       Reviewer Comment (2026-04-01): XXXXX


Buyer Comment (2026-03-30): XXXXX


Reviewer Comment (2026-03-26): XXXXX


Buyer Comment (2026-03-24): XXXXX
04/01/2026     1 C A C A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76374093 36493009     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-04-01): XXXXX
04/01/2026     1 C A B A   FL Second Home Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76374093 36493010     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient asset documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-04-01): XXXXX
04/01/2026     1 C A C A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73270029 36493016     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - CPA is more than 120 days from the note date, must also provide evidence that business has been in existence for at least two years via CPA/Tax Preparer Letter.       Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-24): XXXXX
03/25/2026     1 C A C A   MS Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73270029 36493020     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-24): XXXXX
03/25/2026     1 C A B A   MS Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73270029 36493022     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-24): XXXXX
03/25/2026     1 C A C A   MS Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 73270029 36493023     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 Appraisal Fee.  Fee Amount of $600.00 exceeds tolerance of $550.00.  $50.00 over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal Fee was disclosed as $550.00 on Initial LE and $600.00 on Final CD.  No Evidence of cure and no valid COC provided in file.       Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-04-01): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-23): XXXXX
  04/02/2026   2 C B C B   MS Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 73270029 36493025     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Lender Exception(s) not provided   Unapproved Lender Exception: Maximum number of NSF's allowable is 3 occurrences within a 12 month period and the borrower has 4 with none in the most recent 3 months. Please note: The checks that had OD fees were posted on the same date XX/XX/XX but were charged the OD fee on 2 separate dates; this, counted as 2 rather than one, per XXXXX, when an inquiry was made. Otherwise, the borrower is within guidelines. This, an exception is being sought. Compensating Factors: Reserves are greater than min. required. DTI is lower than maximum. Job Stability for greater than 10 years. Residual income is high. Please review for acceptance. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-18): XXXXX
    03/20/2026 2 C B C B   MS Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76888177 36493049     Compliance Compliance Federal Compliance TRID ECOA Appraisal Disclosure - ECOA Status ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. File is missing Right to Receive Copy of Appraisal. No Loan Estimate provided.       Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-03-31): XXXXX
04/02/2026     1 B A B A   LA Primary Purchase Good faith redisclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76888177 36493050     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. The file was missing evidence of appraisal being provided to borrower.  No waiver provided.       Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-03-31): XXXXX
04/02/2026     1 B A B A   LA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76888177 36493051     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.27502% or Final Disclosure APR of 8.32100% is equal to or greater than the threshold of APOR 5.99% + 1.5%, or 7.49000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 8.27502% or Final Disclosure APR of 8.32100% is equal to or greater than the threshold of APOR 5.99% + 1.5%, or 7.49000%.       Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-03-31): XXXXX
04/02/2026     1 C A C A   LA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76888177 36493052     Compliance Compliance Federal Compliance TRID TIL HPML Appraisal Disclosure - HPML Status HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. Verification of right to receive copy of appraisal was delivered to borrower was not provided. No Loan Estimate in file.       Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-03-31): XXXXX
04/02/2026     1 C A C A   LA Primary Purchase Good faith redisclosure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76888177 36493053     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 XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-03-31): XXXXX
04/02/2026     1 C A C A   LA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76888177 36493054     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower.         Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-03-31): XXXXX
04/02/2026     1 B A B A   LA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76888177 36493055     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Missing initial CD.       Reviewer Comment (2026-04-01): XXXXX


Buyer Comment (2026-03-31): XXXXX
04/01/2026     1 C A C A   LA Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76888177 36493056     Compliance Compliance Federal Compliance TRID Defect TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s).  The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing.  Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $4,924.31 may be required. Missing initial LE. Fees baselined at $0 pending LE.       Reviewer Comment (2026-04-01): XXXXX


Buyer Comment (2026-03-31): XXXXX
04/01/2026     1 C A C A   LA Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76888177 36493058     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Borrower qualified with 12 months bank statement income however only 11 months bank statements for account #XXXXX for the period from XX/XX/XX to XX/XX/XX are available. Please provide one-month additional bank statement dated XX/XX/XX to XX/XX/XX.       Reviewer Comment (2026-03-26): XXXXX


Buyer Comment (2026-03-24): XXXXX
03/26/2026     1 C A C A   LA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76888177 36493059     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-04-09): XXXXX


Buyer Comment (2026-04-09): XXXXX
04/09/2026     1 C A B A   LA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76888177 36493060     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income and credit documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-04-02): XXXXX
04/02/2026     1 C A C A   LA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76888177 36493061     Compliance Compliance Federal Compliance ATR/QM Defect General Ability to Repay - Bank Statement Guidelines Require Less than 12 Months Ability to Repay (Dodd-Frank XXXXX): Guidelines require less than 12 consecutive months bank statements. Borrower qualified with 12 months bank statement income however only 11 months bank statements for account #XXXXX for the period from XX/XX/XX to XX/XX/XX are available. Please provide one-month additional bank statement dated XX/XX/XX to XX/XX/XX.       Reviewer Comment (2026-04-09): XXXXX


Buyer Comment (2026-04-09): XXXXX
04/09/2026     1 B A B A   LA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76888177 36493062     Credit Missing Document General Missing Document Missing Document: Account Statements - Personal not provided   Borrower qualified with 12 months bank statement income however only 11 months bank statements for account #XXXXX for the period from XX/XX/XX to XX/XX/XX are available. Please provide one-month additional bank statement dated XX/XX/XX to XX/XX/XX.       Reviewer Comment (2026-03-26): XXXXX


Buyer Comment (2026-03-24): XXXXX
03/26/2026     1 C A C A   LA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76888177 36493063     Credit Guideline Guideline Issue Guideline "Other" housing history reflects lates that do not meet guidelines.   Borrower is staying in a rent-free situation for more than 3 months at property address XXXXX, (3 years, 1 month) and credit report does not have other mortgage histories. Based on the situation borrower is ineligible per guideline. As per 1008 - "Rent free exception on file", however approved lender exception is missing. Borrower has verified disposable income of at least $2500.00.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-23): XXXXX


Buyer Comment (2026-03-19): XXXXX
    03/23/2026 2 C B C B   LA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76888177 36493064     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 Loan Discount Points.  Fee Amount of $1,000.00 exceeds tolerance of $0.00.  $1,000.00 over legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,000.00 exceeds tolerance of $0.00. $1,000.00 over legal limit. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-08): XXXXX


Buyer Comment (2026-04-07): XXXXX
04/08/2026     1   A   A   LA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79981302 36493077     Compliance Compliance State Compliance State Defect South Carolina Home Loan (Complaint Agency Disclosure Not Provided) XXXXX Home Loan: Borrower not provided with a document specifying the agency designated to receive complaints or inquiries about the origination and making of the loan.         Reviewer Comment (2026-03-23): XXXXX


Buyer Comment (2026-03-19): XXXXX
03/23/2026     1 C A C A   SC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79981302 36493078     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - For XXXXX we are missing a document showing Ownership percentage of Business. Need CPA Letter.       Reviewer Comment (2026-03-26): XXXXX


Buyer Comment (2026-03-24): XXXXX
03/26/2026     1 C A C A   SC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79981302 36493080     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-26): XXXXX


Buyer Comment (2026-03-25): XXXXX
03/26/2026     1 C A B A   SC Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79981302 36493081     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-26): XXXXX


Buyer Comment (2026-03-25): XXXXX
03/26/2026     1 C A C A   SC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79939027 36493087     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Require 1084 or income worksheet as it is missing in file for 12 Months Business bank Statement income calculation.       Reviewer Comment (2026-04-09): XXXXX


Buyer Comment (2026-04-08): XXXXX
04/09/2026     1 C A C A   MI Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79939027 36493089     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Require CPA Impact letter confirming that the use of business funds from XXXXX business bank account ending with #XXXXX will not negatively impact the business.       Reviewer Comment (2026-04-16): XXXXX


Buyer Comment (2026-04-15): XXXXX


Reviewer Comment (2026-04-09): XXXXX


Buyer Comment (2026-04-08): XXXXX
04/16/2026     1 C A C A   MI Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79939027 36493090     Credit Missing Document General Missing Document Missing Document: Third Party Verification not provided   Require Third party verification document since per guides all Borrowers must also provide evidence that business has been in existence for at least two years via CPA/Tax Preparer Letter, confirmation from regulatory or state agency, or applicable licensing bureau. CPA Letter and other Third Party documents in file do not confirm the duration of business.       Reviewer Comment (2026-04-16): XXXXX


Buyer Comment (2026-04-16): XXXXX
04/16/2026     1 C A C A   MI Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79939027 36493092     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.37156% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $67,376.18 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $46,237.17 (an overage of $21,139.01 or 1.37156%). EV2 Informational       Buyer Comment (2026-04-01): XXXXX
    04/01/2026 2 B B B B   MI Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79939027 36493095     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-04-16): XXXXX


Buyer Comment (2026-04-16): XXXXX
04/16/2026     1 C A B A   MI Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 79939027 36493096     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to Insufficient asset and income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-04-16): XXXXX


Buyer Comment (2026-04-16): XXXXX
04/16/2026     1 C A C A   MI Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79939027 36493097     Credit Fraud General Fraud Medium - Fraud Alert identified on Fraud Report   Borrower has Fraud alert on credit, missing verification of how Lender verified borrowers' identity.       Reviewer Comment (2026-04-09): XXXXX


Buyer Comment (2026-04-08): XXXXX
04/09/2026     1   A   A   MI Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76556939 36493154     Credit Missing Document General Missing Document Missing Document: Deposit Receipt not provided   Deposit receipts is missing for Gift Funds for the amount $XXXXX       Reviewer Comment (2026-04-10): XXXXX


Buyer Comment (2026-04-10): XXXXX


Buyer Comment (2026-04-09): XXXXX


Reviewer Comment (2026-04-07): XXXXX


Buyer Comment (2026-04-07): XXXXX
04/10/2026     1 C A C A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76556939 36493156     Compliance Compliance Federal Compliance TRID Defect TRID Revised Loan Estimate Issue Date >  Closing Disclosure Issue Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. Loan Estimate dated XX/XX/XX was provided on the same day as Closing Disclosure dated XX/XX/XX. LE signed XX/XX/XX       Reviewer Comment (2026-04-07): XXXXX


Buyer Comment (2026-04-06): XXXXX
04/07/2026     1 C A C A   PA Primary Purchase No Defined cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76556939 36493158     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.50165% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,212.58 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $6,805.89 (an overage of $3,406.69 or 1.50165%). EV2       Buyer Comment (2026-04-02): XXXXX
    04/02/2026 2 B B B B   PA Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76556939 36493159     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 three (3) business days of application. Application date is XX/XX/XX and the Disclosure is dated XX/XX/XX.       Reviewer Comment (2026-04-06): XXXXX


Buyer Comment (2026-04-06): XXXXX
04/06/2026     1 B A B A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76556939 36493160     Compliance Compliance Federal Compliance TRID Defect TRID Revised Loan Estimate Issue and Received Date >  Closing Disclosure Issue and Received Date TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) Loan Estimate dated XX/XX/XX was provided on the same day as Closing Disclosure dated XX/XX/XX.       Reviewer Comment (2026-04-07): XXXXX


Buyer Comment (2026-04-06): XXXXX
04/07/2026     1 C A C A   PA Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76556939 36493161     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Per guidelines, for 1009 income, YTD earnings must be documented to support ongoing receipt of 1099 income with either of the following and must be within 10% of qualifying income:
o Checks or a single check stub with YTD totals
o YTD bank statements
Missing proof of YTD earnings.
      Reviewer Comment (2026-04-07): XXXXX


Buyer Comment (2026-04-03): XXXXX
04/07/2026     1 C A C A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76556939 36493162     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Per guidelines, for 1009 income, YTD earnings must be documented to support ongoing receipt of 1099 income with either of the following and must be within 10% of qualifying income:
o Checks or a single check stub with YTD totals
o YTD bank statements
Missing proof of YTD earnings.
      Reviewer Comment (2026-04-07): XXXXX


Buyer Comment (2026-04-07): XXXXX
04/07/2026     1 C A B A   PA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 76556939 36493163     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-04-07): XXXXX


Buyer Comment (2026-04-07): XXXXX
04/07/2026     1 C A C A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 76556939 36493164     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 XX/XX/XX 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. E-sign consent is dated XX/XX/XX       Reviewer Comment (2026-04-07): XXXXX


Buyer Comment (2026-04-06): XXXXX


Reviewer Comment (2026-04-06): XXXXX


Buyer Comment (2026-04-03): XXXXX
04/07/2026     1 C A C A   PA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 79219457 36493175     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was provided post closing XX/XX/XX       Buyer Comment (2026-04-10): XXXXX


Reviewer Comment (2026-04-10): XXXXX


Buyer Comment (2026-04-08): XXXXX
    04/10/2026 2 B B B B   FL Primary Purchase   Non QM Non QM No