Client Name: 
Client Project Name:  ACRA 2026-NQM1
Start - End Dates: 3/18/2026 - 5/28/2026
Deal Loan Count: 312
   
Waived Conditions Summary
   

Review Scope Category Code Description Count
Credit Legal Documents CRDLGL100 Legal document incorrect or incomplete 1
Credit Terms/Guidelines CRDTER113 Loan amount is below guideline minimum 1
Credit Terms/Guidelines CRDTER3122 Loan documents do not meet guideline requirements 1
Credit Terms/Guidelines CRDTER4631 Loan parameters do not meet guidelines 4
Credit Terms/Guidelines CRDTER4643 Borrower does not meet guideline requirements 4
Credit Credit/Mtg History CRDCRMH104 Credit score below guidelines 2
Credit Credit/Mtg History CRDCRMH123 No evidence of required debt payoff 1
Credit Credit/Mtg History CRDCRMH124 Collections, Liens, etc. not paid as required by guidelines 1
Credit Credit/Mtg History CRDCRMH149 Missing support docs for VOM/VOR (e.g. cancelled checks) 2
Credit Credit/Mtg History CRDCRMH193 Length of mortgage/rental history in file does not meet guideline requirement 6
Credit Credit/Mtg History CRDCRMH2662 Number of mortgaged properties exceeds guideline limit 1
Credit DTI CRDDTI105 Debt Ratio Exception 5% or Less 1
Credit DTI CRDDTI187 Debt Ratio > 50% 2
Credit LTV/CLTV CRDLTV3026 LTV Exceeds Guideline Requirement by at least 5%, but less than 10% 3
Credit LTV/CLTV CRDLTV3028 LTV Exceeds Guideline Requirement by 10% or more 2
Credit LTV/CLTV CRDLTV5736 LTV Exceeds Guideline Requirement by less than 5% 3
Credit Title CRDTIL875 Title Does Not Agree With Mortgage 2
Credit Income/Employment CRDINC2496 Verbal verification of employment completed outside the stated requirements and/or after closing/funding 1
Credit Income/Employment CRDINC888 Income Amount is  Unsupported by Documentation in File 1
Credit Application CRDAPP130 Application is incomplete 1
Credit Application CRDAPP3312 One or more Applications in file are incomplete 1
Credit Application CRDAPP3822 Missing or incomplete documentation related to citizenship/residency 1
Credit Assets CRDAST205 Insufficient Funds to Close 1
Credit Assets CRDAST3078 Insufficient # of months cash reserves for PITI per guideline requirements 2
Property Valuations Property PRVAPROP177 Property Issues Indicated 4
Property Valuations Property PRVAPROP2556 Acreage exceeds property eligibility guidelines 1
Property Valuations Appraisal PRVAAPPR4789 Appraisal Deficiency 1
Compliance Right of Rescission  CMPROR117 ROR - Expiration date on form prior to end of rescission period 1
Compliance Repayment Ability CMPSTRA1493 XXX Home Loan - Repayment Ability not based on Full Doc 1
Compliance Repayment Ability CMPSTRA1497 File does not contain a repayment ability worksheet 1
Compliance State Consumer Protection CMPSTCP1151 XXX Home Loans -Broker 'Amounts Earned' Disclosure not in file 2
Total       56

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