| Redaction ID | Loan ID | Seller Loan ID | Investor Loan ID | Overall Initial Loan Grade | Overall Final Loan Grade | Credit Initial Loan Grade | Credit Current/Final Loan Grade | Compliance Initial Loan Grade | Compliance Current/Final Loan Grade | Property Initial Loan Grade | Property Current/Final Loan Grade | Queue | Finding Code | Date Created | Date Modified | Finding Status | Event Level | Initial Finding Grade | Current/Final Finding Grade | Finding Category | Finding Sub Category | Finding Name | Finding Comments | Seller Comments | Resolution Comments | Reviewer Comp Factor | Originator Comp Factors | Finding Documents | Originator QM Status | Final Reviewed QM Status | Loan Amount | Property State | Occupancy | Loan Purpose | Refinance Purpose | Acknowledged / WaivedBy | Waiver in File? | Unique Finding ID |
| 900000043 | XXXX | XXXX | XXXX | C | B | C | A | C | B | A | A | Closed | FCRE1159 | 2026-03-06 21:48 | 2026-03-12 15:38 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-PCCD provided, Disbursement date is XXXX - Due Diligence Vendor-03/12/2026 Ready for Review-Please review the Post CD uploaded under the other insurance condition. - Seller-03/11/2026 Open-Hazard Insurance Effective Date of XXXX is after the Note Date of XXXX Lender to provide documentation verifying hazard insurance was in effect at the time of funding on XXXX. - Due Diligence Vendor-03/07/2026 |
Ready for Review-Please review the Post CD uploaded under the other insurance condition. - Seller-03/11/2026 |
Resolved-PCCD provided, Disbursement date is XXXX - Due Diligence Vendor-03/12/2026 |
Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 20.28 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 755 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7983648 | ||
| 900000043 | XXXX | XXXX | XXXX | C | B | C | A | C | B | A | A | Closed | FCRE8611 | 2026-03-10 10:39 | 2026-03-12 15:37 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income/Employment General | Resolved-Received Internet Search - Due Diligence Vendor-03/12/2026 Ready for Review-Document Uploaded. - Seller-03/10/2026 Open-Missing business number search, business phone number must be verifiable via XXXX, XXXX or internet. If the borrower's business number is a personal number, CPA letter did not confirm that a business phone number is not required for the type of business being operated by the borrower. - Due Diligence Vendor-03/10/2026 |
Ready for Review-Document Uploaded. - Seller-03/10/2026 |
Resolved-Received Internet Search - Due Diligence Vendor-03/12/2026 |
Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 20.28 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 755 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8020036 | |
| 900000043 | XXXX | XXXX | XXXX | C | B | C | A | C | B | A | A | Closed | FCRE1178 | 2026-03-06 21:50 | 2026-03-12 15:35 | Resolved | 1 - Information | C | A | Credit | Insurance | Other Property Insurance Policy Effective Date is after the Note Date | Resolved-Received PCCD, disbursement date is XXXX - Due Diligence Vendor-03/12/2026 Ready for Review-Document Uploaded. - Seller-03/10/2026 Open-Other Property Insurance Policy Effective Date of XXXX is after the Note Date of XXXX Lender to provide documentation verifying hazard insurance was in effect at the time of funding on XXXX. - Due Diligence Vendor-03/07/2026 |
Ready for Review-Document Uploaded. - Seller-03/10/2026 |
Resolved-Received PCCD, disbursement date is XXXX - Due Diligence Vendor-03/12/2026 |
Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 20.28 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 755 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7983654 | |
| 900000043 | XXXX | XXXX | XXXX | C | B | C | A | C | B | A | A | Closed | FCOM9998 | 2026-03-06 09:41 | 2026-03-12 14:18 | Resolved | 1 - Information | C | A | Compliance | TRID | Closing Disclosure Issue | Resolved-Fee is a lender paid broker compensation. Finding resolved. - Due Diligence Vendor-03/12/2026 Ready for Review-it's a lender-paid broker compensation fee. Please remove this condition. - Seller-03/10/2026 Open-Final CD reflects a Loan Origination fee paid by Lender that was not disclosed on initial LE nor has a COC been provided for this increase. If this fee is Loan Originator Compensation, it must be identified as such on the final CD. A Loan Origination fee is a borrower paid fee and included in tolerance testing unless previously agreed this would be a lender responsibility per a Rate-Lock agreement or similar documentation. Fee clarification must be provided and upon receipt, additional findings may apply. - Due Diligence Vendor-03/06/2026 |
Ready for Review-it's a lender-paid broker compensation fee. Please remove this condition. - Seller-03/10/2026 |
Resolved-Fee is a lender paid broker compensation. Finding resolved. - Due Diligence Vendor-03/12/2026 |
Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 20.28 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 755 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7970517 | ||
| 900000043 | XXXX | XXXX | XXXX | C | B | C | A | C | B | A | A | Closed | FCOM5135 | 2026-03-05 16:08 | 2026-03-05 16:08 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing ----- Originator waiver applied to non-material Findings. - Due Diligence Vendor-03/05/2026 |
Waived-Required Affiliated Business Disclosure Missing ----- Originator waiver applied to non-material Findings. - Due Diligence Vendor-03/05/2026 |
Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 20.28 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 755 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 7952897 | |||
| 900000042 | XXXX | XXXX | XXXX | D | A | D | A | A | A | A | A | Closed | FCRE8887 | 2026-03-10 17:53 | 2026-03-16 13:50 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-The 1003 was provided with the citizenship. - Due Diligence Vendor-03/16/2026 Ready for Review-Document Uploaded. borrower is a green card holder, please see provided updated 1003 - Seller-03/16/2026 Open-Final 1003 in the file states the borrower is a US Citizen, per the documents in the file the borrowers is a permanent resident alien. - Due Diligence Vendor-03/10/2026 |
Ready for Review-Document Uploaded. borrower is a green card holder, please see provided updated 1003 - Seller-03/16/2026 |
Resolved-The 1003 was provided with the citizenship. - Due Diligence Vendor-03/16/2026 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Calculated is 1.004, guideliner minimum is 0. Required is 0 Borrower has 1.004 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 LTV is less than guideline maximum - Required is 75 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8031835 | |
| 900000042 | XXXX | XXXX | XXXX | D | A | D | A | A | A | A | A | Closed | FCRE1159 | 2026-03-10 10:52 | 2026-03-16 13:49 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Prior hazard dec. pages was provided. - Due Diligence Vendor-03/16/2026 Ready for Review-Document Uploaded. Please review the attached document so the condition may be cleared. - Seller-03/13/2026 Open-Hazard Insurance Effective Date of XXXX is after the Note Date of XXXX Hazard insurance effective date is XXXX, disbursement date is XXXX. - Due Diligence Vendor-03/10/2026 |
Ready for Review-Document Uploaded. Please review the attached document so the condition may be cleared. - Seller-03/13/2026 |
Resolved-Prior hazard dec. pages was provided. - Due Diligence Vendor-03/16/2026 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Calculated is 1.004, guideliner minimum is 0. Required is 0 Borrower has 1.004 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 LTV is less than guideline maximum - Required is 75 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8020607 | |
| 900000066 | XXXX | XXXX | XXXX | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-03-12 14:46 | 2026-03-19 12:03 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-03/19/2026 Ready for Review-Document Uploaded. attacking is the legal description - Seller-03/17/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing copy of the Legal Description attached to the Mortgage. - Due Diligence Vendor-03/12/2026 |
Ready for Review-Document Uploaded. attacking is the legal description - Seller-03/17/2026 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-03/19/2026 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.351 Required is 0.8 Borrower has 1.351 Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 737 LTV is less than guideline maximum - Required is 75 Borrower has 40.61 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8078756 | |
| 900000069 | XXXX | XXXX | XXXX | C | B | A | A | C | B | A | A | Closed | finding-3352 | 2026-03-11 10:09 | 2026-04-28 13:36 | Waived | 2 - Non-Material | C | B | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Waived-Originator waiver applied to non- material finding. File contains escrows and a full appraisal prior to closing. - Due Diligence Vendor-04/28/2026 Waived-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-03/16/2026 |
Waived-Originator waiver applied to non- material finding. File contains escrows and a full appraisal prior to closing. - Due Diligence Vendor-04/28/2026 Waived-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-03/16/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 736 is higher than the required 640 Required is 640 Borrower has 736 Qualifying DTI below maximum allowed - DTI 43.86% is lower than allowable 50% Required is 50 Borrower has 43.86 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 8044901 | |||
| 900000069 | XXXX | XXXX | XXXX | C | B | A | A | C | B | A | A | Closed | FCOM0013 | 2026-03-11 09:36 | 2026-03-19 11:43 | Resolved | 1 - Information | C | A | Compliance | Disclosure | Missing e-Consent | Resolved-Received evidence of eConsent. Finding resolved. - Due Diligence Vendor-03/19/2026 Ready for Review-Document Uploaded. Attachment brrw consenting to e-signing - Seller-03/18/2026 Open-Missing e-Consent. - Due Diligence Vendor-03/11/2026 |
Ready for Review-Document Uploaded. Attachment brrw consenting to e-signing - Seller-03/18/2026 |
Resolved-Received evidence of eConsent. Finding resolved. - Due Diligence Vendor-03/19/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 736 is higher than the required 640 Required is 640 Borrower has 736 Qualifying DTI below maximum allowed - DTI 43.86% is lower than allowable 50% Required is 50 Borrower has 43.86 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8043832 | |
| 900000375 | XXXX | XXXX | XXXX | D | B | D | B | A | A | A | A | Closed | FCRE7497 | 2026-03-20 13:41 | 2026-03-30 16:07 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received HOA and HO6 for property 3 a XXXX. - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. - Seller-03/270/2026 Counter-Received HOI quote and HOA statement. 1. Unable to confirm HOI with quote, must provide proof of active policy. 2. HOA statement indicate "payment plan". Audit unable to determine if this is inclusive of annual Association and Taxes. - Due Diligence Vendor-03/26/2026 Ready for Review-Document Uploaded. XXXXy docs - property is a coop... this is all the expenses for a XXXX - Seller-03/24/2026 Open-Lender to provide documentation for "TIA's" totaling XXXX for REO 3a on the final loan application. The loan file contains a Condo Insurance policy for the property with monthly premium totaling approximately XXXX. Please provide documentation verifying any applicable property taxes and/or HOA dues/assessements for this property. Additional conditions may apply pending review. - Due Diligence Vendor-03/20/2026 |
Ready for Review-Document Uploaded. - Seller-03/27/2026 Ready for Review-Document Uploaded. XXXX docs - property is a XXXX... this is all the expenses for a coop - Seller-03/24/2026 |
Resolved-Received HOA and HO6 for property 3 a XXXX. - Due Diligence Vendor-03/30/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 62.12 Residual Income =/> 1.5 times $3,500 monthly residual income - Min required is $3500, borrower has XXXX. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8244327 | |
| 900000375 | XXXX | XXXX | XXXX | D | B | D | B | A | A | A | A | Closed | FCRE1441 | 2026-03-20 15:59 | 2026-03-20 16:23 | Waived | 2 - Non-Material | B | B | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Waived-Originator waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-03/20/2026 Open-Exception to leave open the 2 car lease collections. Borrower to provide brief LOE as well as letter from lease company. - Due Diligence Vendor-03/20/2026 |
Waived-Originator waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-03/20/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 62.12 Residual Income =/> 1.5 times $3,500 monthly residual income - Min required is $3500, borrower has XXXX. |
20 years of timely rent payment Residual Income of $3K or more (XXXX) LTV7% below max Owns 2nd home free and clear |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 8247815 | ||
| 900000077 | XXXX | XXXX | XXXX | C | A | C | A | A | A | A | A | Closed | FCRE1503 | 2026-03-25 15:32 | 2026-04-22 16:54 | Resolved | 1 - Information | C | A | Credit | QM-ATR | ATR: The Lender did not document all ATR Factors | Resolved-Received confirmation not obligated on Note. - Due Diligence Vendor-04/22/2026 Ready for Review-Document Uploaded. uploaded rent free letter - Seller-04/20/2026 Counter-For clarification: Pending receipt of rent free letter as noted on housing history item - Due Diligence Vendor-04/20/2026 Ready for Review-Why is a Gift Letter required? - Seller-04/17/2026 Counter-Received Note, borrower not responsible. Please provide the Gift Letter as required per the guidelines. - Due Diligence Vendor-04/17/2026 Ready for Review-Document Uploaded. Note has been uploaded to show no obligation on the lien. - Seller-04/15/2026 Counter-Received rebuttal borrower was not obligated on mortgage for departing/previous primary. Review is unable to confirm no obligation via fraud report. Please provide validation borrower was only on title and not obligated on Note on departing residence. - Due Diligence Vendor-04/02/2026 Ready for Review-The borrower was on title only and not on the loan. VOM is not available as she was not on the loan. - Seller-03/31/2026 Counter-Pending VOM. - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. The departure property was sold. - Seller-03/26/2026 Open-ATR: The Lender did not document all ATR Factors Missing departure VOM . - Due Diligence Vendor-03/25/2026 |
Ready for Review-Document Uploaded. uploaded rent free letter - Seller-04/20/2026 Ready for Review-Why is a Gift Letter required? - Seller-04/17/2026 Ready for Review-Document Uploaded. Note has been uploaded to show no obligation on the lien. - Seller-04/15/2026 Ready for Review-The borrower was on title only and not on the loan. VOM is not available as she was not on the loan. - Seller-03/31/2026 Ready for Review-Document Uploaded. The departure property was sold. - Seller-03/26/2026 |
Resolved-Received confirmation not obligated on Note. - Due Diligence Vendor-04/22/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 40.74 Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.26 Qualifying FICO score is at least 20 points above minimum for program - Required is 600 Borrower has 804 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8319124 | |
| 900000077 | XXXX | XXXX | XXXX | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-03-25 15:12 | 2026-04-22 16:49 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received confirmation no obligation to note on departing residence. - Due Diligence Vendor-04/22/2026 Ready for Review-Document Uploaded. Uploaded rent free letter - Seller-04/20/2026 Counter-Received Note, borrower not responsible. Please provide the Rent Free letter as required by the guidelines. - Due Diligence Vendor-04/17/2026 Ready for Review-Document Uploaded. Note has been uploaded to show no obligation on the lien. - Seller-04/15/2026 Counter-Received rebuttal borrower was not obligated on mortgage for departing/previous primary. Review is unable to confirm no obligation via fraud report. Please provide validation borrower was only on title and not obligated on Note on departing residence. - Due Diligence Vendor-04/02/2026 Ready for Review-The borrower was on title only. She was not on the loan and did not have liability of the loan. VOM is not available. The loan is an owner occupied transaction and housing history is not required. - Seller-03/31/2026 Counter-Received proof of sale. Sale after loan application. VOM required to document housing history. Finding remains. - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. Departing Property was sold - Seller-03/26/2026 Open-Housing History Does Not Meet Guideline Requirements . Missing verification of mortgage for the primary residence (departure) . - Due Diligence Vendor-03/25/2026 |
Ready for Review-Document Uploaded. Uploaded rent free letter - Seller-04/20/2026 Ready for Review-Document Uploaded. Note has been uploaded to show no obligation on the lien. - Seller-04/15/2026 Ready for Review-The borrower was on title only. She was not on the loan and did not have liability of the loan. VOM is not available. The loan is an owner occupied transaction and housing history is not required. - Seller-03/31/2026 Ready for Review-Document Uploaded. Departing Property was sold - Seller-03/26/2026 |
Resolved-Received confirmation no obligation to note on departing residence. - Due Diligence Vendor-04/22/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 40.74 Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.26 Qualifying FICO score is at least 20 points above minimum for program - Required is 600 Borrower has 804 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8318668 | |
| 900000068 | XXXX | XXXX | XXXX | D | A | D | A | A | A | A | A | Closed | FCRE1180 | 2026-03-26 13:33 | 2026-04-03 12:09 | Resolved | 1 - Information | D | A | Credit | Missing Doc | HO-6 Insurance Policy is Missing | Resolved-Received confirmation, no HO-06 Policy. - Due Diligence Vendor-04/03/2026 Ready for Review-Document Uploaded. uploaded the revise 1008, refund check and revise funding worksheet. Please clear condition - Seller-04/01/2026 Open-HO-6 Insurance Policy is Missing It should be noted the HOA master policy does indicate that the unit is covered, including any improvements. However, the 1008 and Final CD both indicate monthly premiums for hazard insurance. Lender to provide ho-6 policy for subject property. - Due Diligence Vendor-03/26/2026 |
Ready for Review-Document Uploaded. uploaded the revise 1008, refund check and revise funding worksheet. Please clear condition - Seller-04/01/2026 |
Resolved-Received confirmation, no HO-06 Policy. - Due Diligence Vendor-04/03/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 31.73 Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 786 Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.63 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8340239 | |
| 900000361 | XXXX | XXXX | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| 900000081 | XXXX | XXXX | XXXX | B | B | A | A | B | B | A | A | Closed | FCOM5135 | 2026-04-02 10:14 | 2026-04-02 10:50 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material findings - Due Diligence Vendor-04/02/2026 | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material findings - Due Diligence Vendor-04/02/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 815 Required is 700 Borrower has 815 | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | Originator Post-Close | No | 8452703 | |||
| 900000065 | XXXX | XXXX | XXXX | C | B | A | A | C | B | A | A | Closed | finding-3352 | 2026-04-02 14:26 | 2026-04-28 16:27 | Waived | 2 - Non-Material | C | B | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Waived-Originator waiver applied . File contains escrows and a full appraisal prior to closing. - Due Diligence Vendor-04/06/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-04/02/2026 |
Waived-Originator waiver applied . File contains escrows and a full appraisal prior to closing. - Due Diligence Vendor-04/06/2026 |
Months Reserves exceed minimum required - Guidelines require 6 months of reserves. Borrower has 70.15 months of reserves. Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.98 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 8459544 | |||
| 900000078 | XXXX | XXXX | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| 900000079 | XXXX | XXXX | XXXX | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| 900000084 | XXXX | XXXX | XXXX | C | A | C | A | A | A | A | A | Closed | FCRE1198 | 2026-04-08 17:13 | 2026-04-20 09:12 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Matrix updated and the loan requires 3 months of reserves. - Due Diligence Vendor-04/20/2026 Open-Audited Reserves of 4.23 month(s) are less than Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-04/09/2026 |
Resolved-Matrix updated and the loan requires 3 months of reserves. - Due Diligence Vendor-04/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 754 Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.49 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8558077 | |||
| 900000070 | XXXX | XXXX | XXXX | C | A | A | A | C | A | A | A | Closed | finding-3352 | 2026-04-08 12:30 | 2026-04-27 15:41 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Received PCCD dated XXXX with corrected APR. Finding resolved on report generated. - Due Diligence Vendor-04/27/2026 Counter-While this loan does properly test as non HPML, this loan was disclosed to the borrower with a higher APR of 7.669% which exceeds the HPML threshold therefore HPML rules apply. The HMPL test is based on the the higher of disclosed APR and actual APR. In this case, the APR disclosed to the borrower at time of closing is higher, subject loan is now considered HPML. Finding remains - Due Diligence Vendor-04/23/2026 Ready for Review-Document Uploaded. Under Appendix J to Regulation Z, The HPML determination is based on a compliant APR calculation under §1026.22, and the loan passes. Compliance and CD report attached. please clear finding :) - Seller-04/21/2026 Counter-Compliance report provided, however the issue is the APOR of 7.699 was disclosed to the borrower. Finding remains. - Due Diligence Vendor-04/20/2026 Ready for Review-Document Uploaded. - Seller-04/16/2026 Counter-Compliance Report provided, however the APOR of 7.669 was disclosed to the borrower which is an HPML. Loan file contains a full Appraisal, however there are no escrows. Finding remains. - Due Diligence Vendor-04/14/2026 Ready for Review-Hi, we received a condition that the loan failed the High Price Mortgage loan test. But in the attach, you provided; we passed the Federal HPML and State HPML. Please advise - Seller-04/10/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. ----- Statute of limitations – One year; Expiration date: XXXX. Subject loan does not have escrows. - Due Diligence Vendor-04/08/2026 |
Ready for Review-Document Uploaded. Under Appendix J to Regulation Z, The HPML determination is based on a compliant APR calculation under §1026.22, and the loan passes. Compliance and CD report attached. please clear finding :) - Seller-04/21/2026 Ready for Review-Document Uploaded. - Seller-04/16/2026 Ready for Review-Hi, we received a condition that the loan failed the High Price Mortgage loan test. But in the attach, you provided; we passed the Federal HPML and State HPML. Please advise - Seller-04/10/2026 |
Resolved-Received PCCD dated XXXX with corrected APR. Finding resolved on report generated. - Due Diligence Vendor-04/27/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.74 LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8552592 | |
| 900000055 | XXXX | XXXX | XXXX | D | B | D | B | A | A | A | A | Closed | FCRE1198 | 2026-04-14 05:35 | 2026-04-16 17:57 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received updated Assets. Audited Reserves of 3.75 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-04/16/2026 Ready for Review-Document Uploaded. updated assets - Seller-04/15/2026 Open-Audited Reserves of 1.7 month(s) are less than Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-04/14/2026 |
Ready for Review-Document Uploaded. updated assets - Seller-04/15/2026 |
Resolved-Received updated Assets. Audited Reserves of 3.75 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-04/16/2026 |
Long term residence - 3 years in primary residence. | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8645306 | |
| 900000055 | XXXX | XXXX | XXXX | D | B | D | B | A | A | A | A | Closed | FCRE1498 | 2026-04-14 05:31 | 2026-04-16 17:55 | Resolved | 1 - Information | C | A | Credit | Eligibility | Borrower Rental Experience Insufficient per Guidelines (DSCR) | Resolved-Document Uploaded. Borrower has had ownership in 2 REOs totaling just over one year experience - Due Diligence Vendor-04/16/2026 Counter-First-Time Investor requirements require the borrower(s) to own their Primary Residence. Finding remain. - Due Diligence Vendor-04/15/2026 Ready for Review-Document Uploaded. we don’t need to document borrower is an experienced investor since loan meets all of the enclosed - Seller-04/14/2026 Open-Borrower Rental Experience Insufficient per Guidelines (DSCR Loan Type) Borrower has owned an investment property for less than 1 year and does not own primary residence which does not meet the experienced investor requirements or first time investor requirements per guidelines. - Due Diligence Vendor-04/14/2026 |
Ready for Review-Document Uploaded. we don’t need to document borrower is an experienced investor since loan meets all of the enclosed - Seller-04/14/2026 |
Resolved-Document Uploaded. Borrower has had ownership in 2 REOs totaling just over one year experience - Due Diligence Vendor-04/16/2026 |
Long term residence - 3 years in primary residence. | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8645265 | |
| 900000055 | XXXX | XXXX | XXXX | D | B | D | B | A | A | A | A | Closed | FCRE6019 | 2026-04-14 05:11 | 2026-04-16 17:54 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received back of card. - Due Diligence Vendor-04/16/2026 Ready for Review-Document Uploaded. back of card - Seller-04/15/2026 Open-Borrower Citizenship Documentation Is Missing Provide a copy of the back of the borrower's EAD card. - Due Diligence Vendor-04/14/2026 |
Ready for Review-Document Uploaded. back of card - Seller-04/15/2026 |
Resolved-Received back of card. - Due Diligence Vendor-04/16/2026 |
Long term residence - 3 years in primary residence. | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8641440 | |
| 900000055 | XXXX | XXXX | XXXX | D | B | D | B | A | A | A | A | Closed | FCRE1491 | 2026-04-14 05:23 | 2026-04-15 14:26 | Waived | 2 - Non-Material | C | B | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Waived-Originator provided a waiver for Gift Funds, applied to non material finding with comp factors - Due Diligence Vendor-04/15/2026 Ready for Review-Document Uploaded. exception for gift funds - Seller-04/14/2026 Open-Asset Qualification Does Not Meet Guideline Requirements Guidelines for non-permanent resident aliens state gift funds are not allowed. The file contains a gift letter from the borrower's spouse for XXXX. Those funds were deposited into the borrower's account prior to closing. The loan file contains an exception for LTV; not for the gift funds. - Due Diligence Vendor-04/14/2026 |
Ready for Review-Document Uploaded. exception for gift funds - Seller-04/14/2026 |
Waived-Originator provided a waiver for Gift Funds, applied to non material finding with comp factors - Due Diligence Vendor-04/15/2026 |
Long term residence - 3 years in primary residence. | Minimal Consumer Debt Strong Reserves Equity in investment property owned. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Originator Post-Close | No | 8641513 |
| 900000094 | XXXX | XXXX | XXXX | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | ||||||||||||||||||
| 900000086 | XXXX | XXXX | XXXX | C | B | A | A | C | B | A | A | Closed | finding-3352 | 2026-04-17 10:55 | 2026-04-21 10:28 | Waived | 2 - Non-Material | C | B | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Waived-Waive to non-material, loan has full appraisal and escrows. - Due Diligence Vendor-04/20/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-04/17/2026 |
Waived-Waive to non-material, loan has full appraisal and escrows. - Due Diligence Vendor-04/20/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.53 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 726 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 8735391 | |||
| 900000086 | XXXX | XXXX | XXXX | C | B | A | A | C | B | A | A | Closed | FCOM5135 | 2026-04-17 10:16 | 2026-04-17 10:16 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing ----- Originator waiver applied to non-material Findings. - Due Diligence Vendor-04/17/2026 |
Waived-Required Affiliated Business Disclosure Missing ----- Originator waiver applied to non-material Findings. - Due Diligence Vendor-04/17/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.53 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 726 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 8734334 | |||
| 900000082 | XXXX | XXXX | XXXX | C | A | C | A | A | A | A | A | Closed | FCRE9501 | 2026-04-22 10:34 | 2026-04-24 17:00 | Resolved | 1 - Information | C | A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Received PCCD confirming no assets required for closing. - Due Diligence Vendor-04/24/2026 Ready for Review-Document Uploaded. Uploaded PCCD showing brrw received money back. - Seller-04/22/2026 Open-Total Qualified Assets Post-Close amount is XXXX. Assets are Insufficient. Missing proof of cash to close. - Due Diligence Vendor-04/22/2026 |
Ready for Review-Document Uploaded. Uploaded PCCD showing brrw received money back. - Seller-04/22/2026 |
Resolved-Received PCCD confirming no assets required for closing. - Due Diligence Vendor-04/24/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.33 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 770 LTV is less than guideline maximum - Required is 75 Borrower has 52.56 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8818060 | |
| 900000082 | XXXX | XXXX | XXXX | C | A | C | A | A | A | A | A | Closed | FCRE5790 | 2026-04-22 11:49 | 2026-04-24 12:54 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Received UDM - Due Diligence Vendor-04/24/2026 Ready for Review-Document Uploaded. The Data verify ended on XXXX. Please review and clear. - Seller-04/22/2026 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). 15 days old - Due Diligence Vendor-04/22/2026 |
Ready for Review-Document Uploaded. The Data verify ended on XXXX. Please review and clear. - Seller-04/22/2026 |
Resolved-Received UDM - Due Diligence Vendor-04/24/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.33 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 770 LTV is less than guideline maximum - Required is 75 Borrower has 52.56 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8820372 | |
| 900000083 | XXXX | XXXX | XXXX | B | B | A | A | B | B | A | A | Closed | FCOM5135 | 2026-04-28 15:05 | 2026-04-28 15:26 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material findings - Due Diligence Vendor-04/28/2026 | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material findings - Due Diligence Vendor-04/28/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.63 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 8928400 | |||
| 900000067 | XXXX | XXXX | XXXX | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| 900000085 | XXXX | XXXX | XXXX | C | B | A | A | C | B | A | A | Closed | finding-3635 | 2026-04-30 15:10 | 2026-05-05 11:11 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved-Received notification of Final CD from Lender. Used correct Final CD to resolve Finding. Finding Resolved. - Due Diligence Vendor-05/05/2026 Ready for Review-Document Uploaded. Final CD shows XXXX recording fee at closing - Seller-05/04/2026 Open-This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($575.00) exceed the comparable charges ($519.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). ----- Ten (10%) tolerance fees (Recording Fee) increased by $56.00 without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $56.00, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-04/30/2026 |
Ready for Review-Document Uploaded. Final CD shows XXXX recording fee at closing - Seller-05/04/2026 |
Resolved-Received notification of Final CD from Lender. Used correct Final CD to resolve Finding. Finding Resolved. - Due Diligence Vendor-05/05/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 742 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8978197 | |
| 900000085 | XXXX | XXXX | XXXX | C | B | A | A | C | B | A | A | Closed | FCOM5135 | 2026-04-30 22:14 | 2026-04-30 22:35 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-05/01/2026 |
Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-05/01/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 742 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 8986790 | |||
| 900000080 | XXXX | XXXX | XXXX | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated |