Exception Detail

Run Date - 06/10/2026 11:02:44 AM

Evolve Loan ID Customer Loan ID Seller Loan ID Loan Exception ID Exception ID Exception Date Exception Type Exception Category Exception Subcategory Exception Exception Detail Exception Information Exception Remediation Compensating Factors Follow-up Comments Cleared Date Cured Date Waived Date Exception Level Grade Exception Level Rating Note Date Property State Occupancy Purpose Overall Initial Loan Grade Overall Final Loan Grade Credit Initial Loan Grade Credit Final Loan Grade Compliance Initial Loan Grade Compliance Final Loan Grade Property Initial Loan Grade Property Final Loan Grade Originator QM ATR Status TPR QM ATR Status Is Curable
1683436 XXXXXXXXXX XXXXXXXXXX 7344258 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Exception approval required on a XXXXX refinance of a
vacant investment property.		   Approval granted for a XXXXX refinance of a vacant
investment property subject to XXXX XX appraisals XXXX
maximum XXXX XXXX XXXX XXXXX over XXXXX XXXX minimum
XXX months reserves XXXX evidence of recent remodeling.
XXXXXXXXXXXXX factors include XXXX XXXXXXXX XXXX XXXX XXX
months reserves XXXX investor for XXX years. 		       12/09/2025 B 2 XXXXXXXXXX AZ 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1683436 XXXXXXXXXX XXXXXXXXXX 7344477 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   The XXXXX XXXXXXXXX guaranty, XXXXXXXXXX
agreement, XXXXXXXXX of
XXXXXXXXXXXXXXXXXXXXXXXXX of XXXXX XXXXXXXXX
and XXXXXXXXXXXX of XXXXX XXXXXXXXX are missing
from the loan file. XXXX credit review is on hold until
documents are received.		 Documents received     12/09/2025     A 1 XXXXXXXXXX AZ 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1683436 XXXXXXXXXX XXXXXXXXXX 7353261 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Missing the following documentation for the borrowing
entity XXXXXXXXX XXXXXXXXXX XXXXX XXXXXXXXX
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXXX XXXXXXXXX of
XXXXXXXXXXXXXXXXXXXXXXXXX of XXXXXXXXXXX
XXXXXXXXXXXX of XXXXX XXXXXXXXX and XXXXXX
XXXXXXXXXXXXXXXX in the file is for XXXXXXXXXX XXXXX		 Page XXXX states " XXXX name of the corporation
shall be as follows: XXXXXXXXX XXXXXXXXXX XXXXX
XXXXXXX XXXXXXXXXXXX provided XXXXXXXXX of
XXXXXXXXXX page XXXX XXXXX XXXXXXX XXXXXXXX
XXX XXXXXXXXX search page XXXXX and XXXXXXX
XXXXXXXXXXXX print out contains the XXX #.		   Reviewer 12/10/2025 05:33 PM; Return file to underwriter for review when docs are received

 Reviewer 12/12/2025 08:33 AM; Document provided did not include the XXXXXXXXX XXXXXXXXXX XXXXXXXXXX XXXXXXXXXXX XXXXXXXXX of XXXXXXXXXXXXXXXXXXXXXXXXX of XXXXXXXXXX and XXXX for XXXXXXXXX XXXXXXXXXX XXX

 Reviewer 12/18/2025 10:54 AM; Received XXXXXXXXX of XXXXXXXXXX to the XXXXXXXXX of XXXXXXXXXX for XXXXXXXXXX XXXXXX XXXXXXX XXXX not receive the XXXXXXXXX XXXXXXXXXX XXXXXXXXXX XXXXXXXXXXX XXXXXXXXX of XXXXXXXXXXXXXXXXXXXXXXXXX of XXXXXXXXXX and XXXX for XXXXXXXXX XXXXXXXXXX XXX

 Reviewer 01/08/2026 09:20 AM;  XXXXXXXXX the XXXXXXXXX XXXXXXXXXXX XXXX not receive the XXXXXXXXXX XXXXXXXXXXX XXXXXXXXX of XXXXXXXXXXXXXXXXXXXXXXXXX of XXXXXXXXXX and XXXX for XXXXXXXXX XXXXXXXXXX XXX

 Reviewer 01/14/2026 10:12 AM; Documents received did not include the XXXXXXXXXX XXXXXXXXXXX XXXXXXXXX of XXXXXXXXXXXXXXXXXXXXXXXXX of XXXXXXXXXX and XXXX for XXXXXXXXX XXXXXXXXXXX XXXXXX XXXXXXXXX XXXXXXXXXXX XXXX is the borrower.

 Client 01/20/2026 02:05 PM; amendent on page XX of operating agreement shows flether companies inc - please review and advise if acceptable

 Client 01/20/2026 02:15 PM; Please refer page XX of the document we uploaded on XXXXXXX XXXX change in name of the organization is referenced on the that page.

 Reviewer 01/20/2026 03:02 PM;

 Reviewer 01/20/2026 03:02 PM;

01/20/2026     A 1 XXXXXXXXXX AZ 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1687146 XXXXXXXXX XXXXXXXXX 8104307 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Loan approval missing from the file. Loan XXXXXXXXX provided      02/13/2026     A 1 XXXXXXXXXX AZ 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1687146 XXXXXXXXX XXXXXXXXX 8104443 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Operating XXXXXXXXXX for XXXXXXX XXXXXXXXXXX XXXX
missing from the file. XXXX XXXX letter in file reflects
the business is for XXXXXXXXXXXXXXXXXXX XXXX
business must be for real estate purposes.		 Changed to vest in the individual XXXXXX XXXXX XXXX provided    Client 02/13/2026 01:56 PM; Hi team can you please confirm if this is an active condition? there is another condition stating that you have the operating agreement and the contents isn''t acceptable. thanks

 Reviewer 02/13/2026 03:52 PM;

 Reviewer 02/13/2026 03:52 PM; The file only contains XX page of the XXXXXXXXX of XXXXXXXXXXXXXXX XXXX XXXXXXXXXX XXXXXXXXXX was not provided.

 Reviewer 04/20/2026 10:01 AM; The document received was not the XXXXXXXXXX XXXXXXXXXX for XXXXXXX XXXXXXXXXXX XXX

 Client 04/27/2026 05:31 PM; The loan was changed to vest in the indivual - please review new docs and let us know if acceptable to clear

 Reviewer 04/28/2026 05:10 AM;

04/28/2026     A 1 XXXXXXXXXX AZ 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1687146 XXXXXXXXX XXXXXXXXX 8053383 861 XXXXXXXXXX Credit Note   Note - Other:   Loan closes in an XXXX and must contain an
XXXXXXXXXX XXXXXXXXXXXX XXXXXXX provide an
XXXXXXXXXX XXXXXXXXXX for the XXXXXX		 Changed to vest in the individual XXXXXX XXXXX XXXX provided    Reviewer 02/17/2026 09:56 AM; NO documentation
provided

 04/15/2026     A 1 XXXXXXXXXX AZ 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1687146 XXXXXXXXX XXXXXXXXX 9826935 72 XXXXXXXXXX Credit Closing Package   Closing Package -    pending review of uploaded documents changing
vesting to individual		 Information provided     04/28/2026     A 1 XXXXXXXXXX AZ 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1687444 XXXXXXXXXX XXXXXXXXXX 8147128 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Missing final XXXXXXXXXXXXXXXXX XXXXXXX XXXX provided      02/12/2026     A 1 XXXXXXXXXX NY 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1687449 XXXXXXXXX XXXXXXXXX 8132652 973 XXXXXXXXXX Credit Compliance   Compliance - CD- Other   SS in file does not provide funding date. XXXXXXX
provide XXX with funded date.		 Information provided     02/18/2026     A 1 XXXXXXXXXX AL 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1687449 XXXXXXXXX XXXXXXXXX 8132927 875 XXXXXXXXXX Credit Disclosure   Disclosure - Other:   Loan closes in an XXXX and the XXXX was formed in a
state other than where the business is taking place a
XXXXXXXXXXXX of XXXXXXXX XXXXXXXXXXXXXX is
required. XXXXXXX provide XXXXXXXXXXXX of XXXXXXXX
XXXXXXXXXXXXXXX		 Information provided   Client 03/10/2026 11:41 AM; This has now been uploaded, thanks!

 Reviewer 03/10/2026 11:50 AM;

 Reviewer 03/10/2026 05:01 PM; Hello
XXXXXXXXX reminder that notification of upload is not needed.  XXXXXXXXX documents uploaded are automatically routed to the appropriate team for review within XXX hours.  
XXXXX will be reviewed within XXX hours of upload.

XXXXXX

 03/11/2026     A 1 XXXXXXXXXX AL 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1687449 XXXXXXXXX XXXXXXXXX 8140468 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Missing documentation confirming the citizenship
status of the borrower as a XXXXXXXXXX XXXXXXXXX
XXXXXXX		 Received XXXXXX with extension through XXXXXX     02/12/2026     A 1 XXXXXXXXXX AL 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1687450 XXXXXXXXX XXXXXXXXX 8142253 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Loan approval missing from file. Received loan approval     02/12/2026     A 1 XXXXXXXXXX AL 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1687450 XXXXXXXXX XXXXXXXXX 8142254 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Foreign XXXXXXX registration/approval from XXXXXXXX
XXXX for XXXX XXXXXXXX XXXX missing from the file.		 Received XXXXXXXX XXX     03/10/2026     A 1 XXXXXXXXXX AL 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1687450 XXXXXXXXX XXXXXXXXX 8132928 973 XXXXXXXXXX Credit Compliance   Compliance - CD- Other   SS in filed does not provide funding date. XXXXXXX
provide XXX with funded date.		 Information provided     02/18/2026     A 1 XXXXXXXXXX AL 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1687450 XXXXXXXXX XXXXXXXXX 8133203 875 XXXXXXXXXX Credit Disclosure   Disclosure - Other:   Loan closes in an XXXX and the XXXX was formed in a
state other than where the business is taking place so
a XXXXXXXXXXXX of XXXXXXXX XXXXXXXXXXXXXX is
required. XXXXXXX provide a XXXXXXXXXXXXXX of
XXXXXXXX XXXXXXXXXXXXXXX		     Client 03/10/2026 11:41 AM; LLC registration documentation has been uploaded. XXXXXXX this clears the conditions! thanks

 Reviewer 03/10/2026 11:50 AM;

 Reviewer 03/10/2026 05:00 PM; Hello
XXXXX has been cleared.

XXXXXX

 03/10/2026     A 1 XXXXXXXXXX AL 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1688035 XXXXXXXXX XXXXXXXXX 8550805 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Missing the final closing disclosure. XXXX disclosure in
the file does not have a settlement date and an
additional document marked final disclosure does not
have the borrowers signatures. XXXXXXX provide, the
signed and dated final closing disclosure with date of
settlement completed signed by all parties.		 HUD is signed and dated XXXXXXXXXX XXXXX date XXXXXXXXX   Client 03/04/2026 01:58 PM; Hi team, there is no XXX as this is a XXXX XXX loan. signed final XXXX uploaded. XXXXXXXX

 Reviewer 03/04/2026 02:36 PM;

03/04/2026     A 1 XXXXXXXXXX CA 3 13 C   A   C   A   N/A N/A C   A     Exempt 1
1689049 XXXXXXXXX XXXXXXXXX 8981249 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Updated lock and loan approval required to reflect the
loan as a XXXX statement loan. XXXX lock confirmation
and loan approval reflect the loan as full doc; however,
the loan is a XXXXXXXXX XXXX statement loan.		 Received approval with XXX months XXXX statement doc reflected   Client 03/24/2026 11:55 AM; Hi team, the lock confirmation says XXX month statement. XXXXXX uploaded it again. XXXX you please review? XXXX we XXX with this or do we need to update the approval to match? XXXXXXXX

 Reviewer 03/24/2026 01:20 PM; The lock shows XXXXX XXXX under XXXXX XXXXXXXXXXXXXX XXXXXX the XXXXXX XXXXXXXXXXXX shows XXXXX XXXXXXXXXXXXXXXXXXXXX   

 Reviewer 03/24/2026 01:20 PM;

 Reviewer 03/26/2026 09:38 AM; the loan approval in the file reflects full documentation. received the lock for XXX month XXXX statements

 03/27/2026     A 1 XXXXXXXXXX TX 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1689506 XXXXXXXXX XXXXXXXXX 8832363 320 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   Missing the three most recent XXXXXXXXXX XXXXXXXX
XXXX statements for XXXXXX XXXXXXXXXXX XXXXXXX
XXXX s supporting the monthly X		 XXXX statements provided      04/06/2026     A 1 XXXXXXXXXX TX 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1689506 XXXXXXXXX XXXXXXXXX 8832517 323 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Requirements for Program   Missing documentation confirming that XXXXXXXXX
XXXX is a XXX XXXXXXXXXX  XXXXXXXXXX in the file
include an XXXXX XXXXX suggesting that the borrower
is a non-permanent alien with the country of origin
being XXXXXXX XXX that is the case, the loan is
ineligible for financing as XXXXXXXXXXX state that
XXXXX XXXXXXXX does not lend to applicants from
XXXXXXX		  XXX borrower and their funds are domiciled in XXXXXXXX this is eligible. XXX is only when either the borrower or their funds are currently residing in one of the prohibited countries that XXXXX cannot purchase the loan. XXXXX XXXXX appear to be an XXXXX borrower; unless there is a valid visa, work authorization, or other proof of legal presence. XXXXXXXXXX revised XXXXX with borrowers as non-perm aliens. XXXXXXXXXX both have XXX with "real XXXXXX XXXXXX are in XXX banks and business has XXXX XXXX #. XXXX the lock states it is priced as XXXXXXXXX XXXXXXXXX XXXXXX    Client 03/17/2026 09:22 AM; If borrower and their funds are domiciled in XXXXXXXX this is eligible.  XXX is only when either the borrower or their funds are currently residing in one of the prohibited countries that XXXXX cannot purchase the loan.  XXXXX XXXXX appear to be an XXXXX borrower; unless there is a valid visa, work authorization, or other proof of legal presence, lock should reflect pricing for XXXXXX

 Client 03/17/2026 09:28 AM; CORRECTION: XXXXXX is a valid XXXX in file.  XXXXXXX be priced as XXXXXXXXX resident alien.  XXXXXXXXXXXXXX XXXX XXXXX XXXXXXXX XXXXXXXXX XXXX XXXXX XXX

 Reviewer 03/17/2026 11:13 AM; There is a valid XXXX in file. XXXXXXX be priced as XXXXXXXXX resident alien.

 Reviewer 03/17/2026 11:27 AM;

 Reviewer 03/17/2026 11:27 AM;

 Client 04/08/2026 01:23 PM; If there is a XXXXXX XXXX in file, this is eligible since the borrower and their funds are domiciled in the XXXXXXX

 Reviewer 04/08/2026 03:08 PM;

 Reviewer 04/08/2026 03:08 PM; The final XXXXX for the borrower XXXXXXXXXXXX XXXXXX XXXXXXX is checked as XXX XXXXXXXXX however, the file contains an XXXX card for the borrower from XXXXX that expires XXXXXXXXXXXXX

04/09/2026     A 1 XXXXXXXXXX TX 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1689673 XXXXXXXXX XXXXXXXXX 8873573 1108 XXXXXXXXXX Valuation UW Collateral TPR   UW Collateral TPR - UW - Second collateral evaluation is required.   Provide a secondary valuation as a XXX score was not
determined.		 Received XXX     04/01/2026     A 1 XXXXXXXXXX CA 3 1 C   A   A   A   N/A N/A C   A     Exempt 1
1689855 XXXXXXXXX XXXXXXXXX 8914486 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Missing fraud report. Received XXXXXX report   Reviewer 04/09/2026 09:44 AM; Documents received did not include the fraud report

 04/15/2026     A 1 XXXXXXXXXX TX 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1689999 XXXXXXXXX XXXXXXXXX 9031855 7 XXXXXXXXXX Credit Application   Application - Completed, signed, initial application for all applicant not in file   Initial application is missing from the file. XXXXXXX
provide initial application, signed and dated by
XXXXXXXXX and XXXXX		 Information provided     03/27/2026     A 1 XXXXXXXXXX CA 2 1 C   A   C   A   A   A   A   A     Non-QM 1
1690171 XXXXXX XXXXXX 9056128 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   Missing the XXXXXXXXXXXXXX XXXXXXXXXXXXXXXX XXX
XXXX from the borrower is required, explaining their
business name, what their business does, the number
of employees, how it is set up as a
XXXXXXXXXXXXXXXX XXXXX XXXXX XXXXXXXXXXXX		 Received signed business narrative.     03/27/2026     A 1 XXXXXXXXXX UT 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1690189 XXXXXXXXXX XXXXXXXXXX 9060013 435 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit report is expired   The credit report is expired. XXXXXXXXXX to the
guideline the credit is good for XXX days from the
XXXXX date. XXXX credit report is from XXXXXXXXXX and
the XXXXX is dated XXXXXXXXXX which is XXXX days.
XXXXXXX submit updated credit report.		 Received updated credit report XXXXXXX with lower debt of XXXXXX and XX point lower on credit score XXXXXX XXX XXXXXX XXXX loan is XXX months   Reviewer 04/06/2026 10:25 AM; Per XXXXXX we cannot approve the exception.  XXX are at a hard XXX days for the credit report.

 04/07/2026     A 1 XXXXXXXXXX WA 1 13 D   A   D   A   A   A   A   A     Non-QM 1
1690189 XXXXXXXXXX XXXXXXXXXX 9060175 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   The loan was locked as a XXXXX term refinance and is
actually a cash-out refinance due to the payoff of XX
liens at closing. XXXXXXX provide corrected XXXXX
XXXXX XXXXXXXXXXXXXXX  XXXXX will assess the lock
for accuracy prior to finalizing the loan purchase.		 Received XXXXX lock as XXXX refi     04/09/2026     A 1 XXXXXXXXXX WA 1 13 D   A   D   A   A   A   A   A     Non-QM 1
1690189 XXXXXXXXXX XXXXXXXXXX 9060176 320 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   The loan is a cash out refinance and the borrower
received gift funds in the amount of XXXXXXXXXXXXXXX
XXXX guideline states gift funds may be permitted on
purchase transactions. XXXXXXX  provide an exception
approval for gift funds received in a refinance
transaction.		 Received approval from XXXXX for gift on refinance.     04/02/2026     A 1 XXXXXXXXXX WA 1 13 D   A   D   A   A   A   A   A     Non-QM 1
1690189 XXXXXXXXXX XXXXXXXXXX 9060177 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Missing the required XXXX card for the borrower or the
XXXXXXX results. XXXXXXX submit.		 DataVerify provided reflects XXXXX XXXXX     04/03/2026     A 1 XXXXXXXXXX WA 1 13 D   A   D   A   A   A   A   A     Non-QM 1
1690194 XXXXXXXXXX XXXXXXXXXX 9072113 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   VVOE within XXX hours of closing per guidelines is
missing from the file.		 Business search dated XXXXXXXXXX provided      04/13/2026     A 1 XXXXXXXXXX AZ 1 1 C   A   C   A   C   A   A   A     Non-QM 1
1690194 XXXXXXXXXX XXXXXXXXXX 9050784 884 XXXXXXXXXX Compliance Compliance   Compliance - Pending Internal completion of compliance fee tests.  Additional conditions may apply.     Information provided     04/23/2026     A 1 XXXXXXXXXX AZ 1 1 C   A   C   A   C   A   A   A     Non-QM 1
1690280 XXXXXXXXXX XXXXXXXXXX 9057751 7 XXXXXXXXXX Credit Application   Application - Completed, signed, initial application for all applicant not in file   Initial application in file is not signed by XXXXX
XXXXXXX provide initial application signed and dated by
the XXXX		       04/01/2026     A 1 XXXXXXXXXX FL 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1690284 XXXXXXXXX XXXXXXXXX 9309601 846 XXXXXXXXXX Compliance Disclosure   Disclosure - Missing initial disclosure within 3 days of application   Provide XXXXX dated within XX days of application date. Information provided     04/09/2026     A 1 XXXXXXXXXX FL 1 1 C   A   C   A   C   A   A   A     Non-QM 1
1690284 XXXXXXXXX XXXXXXXXX 9309602 894 XXXXXXXXXX Compliance Compliance   Compliance - TRID LE- Other   Provide XXXXXXXX XXXXX Information provided     04/09/2026     A 1 XXXXXXXXXX FL 1 1 C   A   C   A   C   A   A   A     Non-QM 1
1690284 XXXXXXXXX XXXXXXXXX 9309603 902 XXXXXXXXXX Compliance Compliance   Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons.  Additional conditions may apply.     Information provided     04/20/2026     A 1 XXXXXXXXXX FL 1 1 C   A   C   A   C   A   A   A     Non-QM 1
1690287 XXXXXXXXX XXXXXXXXX 9079817 378 XXXXXXXXXX Credit UW Other   UW Other - UW - Initial/Final 1003 incomplete/missing   Missing final signed and dated XXXXX
XXXXXXXXXXXXXXXXXX		 Received final signed XXXX     03/31/2026     A 1 XXXXXXXXXX OH 3 1 D   A   D   A   N/A N/A A   A     Exempt 1
1690340 XXXXXXXXXXXX XXXXXXXXXXXX 9142147 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   The subject property was purchased on XXXXXXXXXXX
for XXXXXXXXXX and the appraisal is dated
XXXXXXXXXXX with a value of XXXXXXXXXXXX XXXXXXXX
a list of the renovations completed since purchase in
accordance with the guidelines for properties purchased in
the previous XXXXX months.		 Pages XXXXX and XXXXX of the appraisal list the improvements      04/13/2026     A 1 XXXXXXXXXX PA 3 3 C   A   A   A   N/A N/A C   A     Exempt 1
1690505 XXXXXXX XXXXXXX 9187184 378 XXXXXXXXXX Credit UW Other   UW Other - UW - Initial/Final 1003 incomplete/missing   A XXXXXX signed XXXXX was not provided. Received commercial application     04/01/2026     A 1 XXXXXXXXXX NC 3 13 D   A   D   A   N/A N/A A   A     Exempt 1
1690505 XXXXXXX XXXXXXX 9187185 374 XXXXXXXXXX Credit UW Other   UW Other - UW - Evidence of legal residency   Guidelines for the XXXXX loan program require the
borrower''''s tax payer number to be validated. XXX
evidence of validation was provided.		 Received XXXX     04/01/2026     A 1 XXXXXXXXXX NC 3 13 D   A   D   A   N/A N/A A   A     Exempt 1
1690511 XXXXXXXXX XXXXXXXXX 9188676 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Loan approval missing from file. Loan XXXXXXXXX      04/03/2026     A 1 XXXXXXXXXX DE 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1690511 XXXXXXXXX XXXXXXXXX 9166253 970 XXXXXXXXXX Credit Compliance   Compliance - CD- Missing   SS in file is dated XXXXXXXXXX XXXXX closed on
XXXXXXXXXX XXXXXXX provide final XXX with
disbursement date.		 Information provided   Reviewer 04/06/2026 08:37 AM; ON page XX of the settlement statement provided it has a settlement date of XXXXX however the funding date on page XX is XXXXXXX XXXXXXXXXXX date on page XX should be XXXX

 04/15/2026     A 1 XXXXXXXXXX DE 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1690760 XXXXXXXXXXXXX XXXXXXXXXXXXX 9327709 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   A short-term rental analysis from the appraiser,
XXXXXXXX etc. required per guidelines section XXXXXX
is missing from the file. XXXX XXXXXXXXXXX rental
analysis does not reflect comps, vacancy factors, etc.		 Received XXXX analysis included in appraisal report   Reviewer 04/27/2026 02:14 PM; Please provide the rental analysis XXXXXXX form XXXXXXX from the appraiser. XXXXXXXX XXXXXXXX XXXXX requires the XXXXXXX XXXXXXX XXXXX XXXXXXXXX for single family properties on XXXX XXXXX qualifying files. XXXXXXXX XXXXXX XXXX properties that are occupied as a XXXXXXXXXXX rental, as replacement to a XXXXXX an XXXXXXX or similar appraisal form is acceptable as XXXX as it is signed by an appropriately licensed appraiser.

 05/03/2026     A 1 XXXXXXXXXX NC 3 13 C   A   C   A   N/A N/A C   A     Exempt 1
1690760 XXXXXXXXXXXXX XXXXXXXXXXXXX 9327874 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   Short term rental ledger in file is not identified as being
provided by a rental management company, XXXXXXX
or other permitted sources. XXXXXXXXXXXXX the ledger
was provided by a management company is required.		 Received rental ledger from XXXXXXXXXX reflected address of XXXXXXX XXXXX XXXXXXXXXX XXXXXXXXXXXXX XXXXXXXXXX w XXXXX and not the subject property XXX XXXXXX XXXX XXXXXX XXXXXXXX XXXXXX XXXXXXXXX / cleared in error     04/27/2026     A 1 XXXXXXXXXX NC 3 13 C   A   C   A   N/A N/A C   A     Exempt 1
1690840 XXXXXXXXX XXXXXXXXX 9328869 328 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Mortgage   Missing XXXXXXXXX payment history for a XXXXXXXXXX
mortgage secured by a property located at XXXXX
XXXXXX XXXX XXXXX and confirmation that the monthly
XXXXXXXXXX is XXXXXXXXXXXXX		 The property was just purchased in XXXXXXXXX XXXXXXX XXXXXX settlement statement and XXXXX payment coupon provided.   Client 04/10/2026 07:32 AM; Morning team, XXXX  property was just purchased in XXXXXXXXX XXXXX so we do not have a payment history as of yet. XXXXXX uploaded final settlement statement and XXXXX payment coupon as we closed this loan. XXXXXXXX

 Reviewer 04/10/2026 08:21 AM;

04/10/2026     A 1 XXXXXXXXXX GA 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1690845 XXXXXXXXX XXXXXXXXX 9303596 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Lock agreement provided reflected XXXXXXXXXXXXXX
XXXXX as XXXXXXX  XXXXXXXX loan closed as a
XXXXXXX and XXXXX XXX		 Received revised XXXXX for X     04/13/2026     A 1 XXXXXXXXXX GA 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1690951 XXXXXXXXXXXXX XXXXXXXXXXXXX 9337645 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.   Please provide XXXXXX XXXXXXXXXXXXXX Information provided     04/09/2026     A 1 XXXXXXXXXX NE 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1691110 XXXXXXXXX XXXXXXXXX 9372526 376 XXXXXXXXXX Credit UW Other   UW Other - UW - SS verification   Provide documentation validating the borrower''''s tax
payer XXXX		 SSVservices verifying XXXX provided      04/14/2026     A 1 XXXXXXXXXX NC 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1691113 XXXXXXXXX XXXXXXXXX 9533998 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Loan approval missing from the file. Received approval     04/16/2026     A 1 XXXXXXXXXX FL 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1691115 XXXXXXXXX XXXXXXXXX 9465749 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Guidelines require evidence the borrower''''s social
security number was validated. XXX evidence was
provided.		 Received XXX validation of XXXX     04/21/2026     A 1 XXXXXXXXXX TX 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1691115 XXXXXXXXX XXXXXXXXX 9465750 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   The XXXXXXXXXXXXXXXX XXXXXXXXXXXXXX provided in
the loan file was not dated or signed. XXXXXXXX a
signed and dated XXXXX		 Received XXXXXXX and dated XXX     04/21/2026     A 1 XXXXXXXXXX TX 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1691115 XXXXXXXXX XXXXXXXXX 9465751 1014 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income calculation worksheet self employed   A XXXX statement analysis worksheet was not
provided.		 Received XXXX statement income worksheet     04/21/2026     A 1 XXXXXXXXXX TX 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1691173 XXXXXXXXX XXXXXXXXX 9396410 374 XXXXXXXXXX Credit UW Other   UW Other - UW - Evidence of legal residency   Guidelines require validation of borrower XXXX with a
XXXX card or results of processed XXXXXXXXX  XXX v
alidation was provided.		 Received XXXX verification     04/13/2026     A 1 XXXXXXXXXX CA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1691270 XXXXXXX XXXXXXX 9465417 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Loan approval missing from the file. Loan approval provided      04/14/2026     A 1 XXXXXXXXXX MA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1691317 XXXXXXXXXXXX XXXXXXXXXXXX 9402542 875 XXXXXXXXXX Credit Disclosure   Disclosure - Other:   Acra XXXXX is missing from file. XXXXXXX provide
XXXXX XXXXX XXXXXXXXXXXXXXX		     Reviewer 04/13/2026 08:24 AM; Acra lock has not been provided

 04/14/2026     A 1 XXXXXXXXXX FL 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1691317 XXXXXXXXXXXX XXXXXXXXXXXX 9402543 861 XXXXXXXXXX Credit Note   Note - Other:   CD and XXXX XXXXXX indicate a XXXX of XXX months.
XXXX XXXXXXXXX to XXXXX is missing from file, please
provide XXXX XXXXXXXXX to XXXXXXX		       04/14/2026     A 1 XXXXXXXXXX FL 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1691317 XXXXXXXXXXXX XXXXXXXXXXXX 9466580 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Loan approval missing from the file. Approval provided      04/14/2026     A 1 XXXXXXXXXX FL 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1691324 XXXXXXXXXX XXXXXXXXXX 9408951 107 XXXXXXXXXX Credit Deed of Trust/Mortgage   Deed of Trust/Mortgage - is missing riders.   DOT is missing XXXXXXXXX XXXXXXX provide XXXX
XXXXXXX XXXXXX and XXXXXXXXXXXX XXXXXXXX		 Information provided     04/16/2026     A 1 XXXXXXXXXX NV 3 3 D   A   D   A   N/A N/A A   A     Exempt 1
1691330 XXXXXXXXX XXXXXXXXX 9656671 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Guidelines require the XXXXXXXXXXXXXX XXXX be
verified. XXX verification was provided.		 XXXX provided shows borrower''''s complete XXX     04/23/2026     A 1 XXXXXXXXXX AZ 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1691778 XXXXXXXXX XXXXXXXXX 9556038 108 XXXXXXXXXX Compliance Deed of Trust/Mortgage   Deed of Trust/Mortgage - is missing.         Client 04/18/2026 09:07 AM; all missing docs uploaded, thank you!

 Reviewer 04/20/2026 04:34 AM;

 Reviewer 04/20/2026 12:58 PM; Thank you!  XXXXX will be reviewed asap.

XXXXXX

 04/20/2026     A 1 XXXXXXXXXX IL 1 1 D   A   C   A   D   A   A   A     Non-QM 1
1691778 XXXXXXXXX XXXXXXXXX 9636078 327 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Rental   Missing rental payment history for the past XXX
months verified by on of the following XXXX XXXXXXXX
copy of twelve XXXXXXX months canceled checks (front
and back) or money orders – amount of checks /
money orders must be consistent and match the
amount of monthly rent reflected on the XXXXXXXXXX
XXXXXXXXXXXXX of XXXXX XXXXXXXX or a rating from
credit reporting agency if from rental agency. XX XXXX
can be accepted from a private party at XXXXX of XXXX
or less. XXXX XXXXX statements for the last twelve
XXXXXXX months which consistently show payment
made for rent amount.		 Received XXX months XXXX statements for rental payments     04/23/2026     A 1 XXXXXXXXXX IL 1 1 D   A   C   A   D   A   A   A     Non-QM 1
1691779 XXXXXXXXX XXXXXXXXX 9556556 884 XXXXXXXXXX Compliance Compliance   Compliance - Pending Internal completion of compliance fee tests.  Additional conditions may apply.     Information provided     04/23/2026     A 1 XXXXXXXXXX CA 2 1 C   A   A   A   C   A   A   A     Non-QM 1
1691779 XXXXXXXXX XXXXXXXXX 9556557 895 XXXXXXXXXX Compliance Compliance   Compliance - TRID CD- Need proof CD was received 3 days prior to consummation   Need the initial XXXX Information provided   Client 04/23/2026 10:56 AM; HI team, XX uploaded the XXXX and the date tracking showing it was rec'd on XXXXXX will this clear the condition? thanks!

 Reviewer 04/23/2026 11:25 AM;

 Reviewer 04/23/2026 02:00 PM; Hello
XXXXX has been cleared.

XXXXXX

 04/23/2026     A 1 XXXXXXXXXX CA 2 1 C   A   A   A   C   A   A   A     Non-QM 1
1691779 XXXXXXXXX XXXXXXXXX 9556558 920 XXXXXXXXXX Compliance Compliance   Compliance - TRID-Missing Final CD   Need the XXX signed on day of closing XXXXX Information provided     04/23/2026     A 1 XXXXXXXXXX CA 2 1 C   A   A   A   C   A   A   A     Non-QM 1
1691780 XXXXXXXXX XXXXXXXXX 9556730 376 XXXXXXXXXX Credit UW Other   UW Other - UW - SS verification   Provide documentation validating the borrower''''s tax
payer XXXX		 Received XXXXX match     04/20/2026     A 1 XXXXXXXXXX FL 2 1 C   A   C   A   A   A   A   A     Non-QM 1
1691783 XXXXXXXXX XXXXXXXXX 9629442 376 XXXXXXXXXX Credit UW Other   UW Other - UW - SS verification   Guidelines for the XXXXX loan program require XXX
verification for all borrowers. XXX verification for the
borrowers was provided.		 The XXXXXXXX XXXX XXXXX included verification of the XXX # by the XXXXXX     04/22/2026     A 1 XXXXXXXXXX CA 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1691785 XXXXXXXXX XXXXXXXXX 9631313 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Loan approval missing from the file. Approval provided      04/24/2026     A 1 XXXXXXXXXX WA 3 1 C   B   C   A   N/A N/A C   B     Exempt 1
1691785 XXXXXXXXX XXXXXXXXX 9631314 1109 XXXXXXXXXX Valuation UW Collateral TPR   UW Collateral TPR - UW - Third collateral evaluation is required.   CDA in file is > XXXX variance. Third valuation provided      05/01/2026     B   2 XXXXXXXXXX WA 3 1 C   B   C   A   N/A N/A C   B     Exempt 1
1691787 XXXXXXXXX XXXXXXXXX 9834033 970 XXXXXXXXXX Credit Compliance   Compliance - CD- Missing   SS in file does not provide funded date. XXXXXXX
provide final XXX with funded date.		 Information provided     05/04/2026     A 1 XXXXXXXXXX GA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1692108 XXXXXXXXXX XXXXXXXXXX 9637795 1108 XXXXXXXXXX Valuation UW Collateral TPR   UW Collateral TPR - UW - Second collateral evaluation is required.   Missing a XXXXX XXXXX report showing a score of
XXXXX or below. XXX the score exceeds XXXXX a
secondary collateral evaluation with be required.		 Received XXXXXX score = X     04/21/2026     A 1 XXXXXXXXXX NY 3 13 C   A   C   A   N/A N/A C   A     Exempt 1
1692108 XXXXXXXXXX XXXXXXXXXX 9633522 875 XXXXXXXXXX Credit Disclosure   Disclosure - Other:   Loan must contain the XXXXX XXXXX confirmation.
XXXXXXX provide XXXXX XXXXX XXXXXXXXXXXXXX		 Information provided     04/21/2026     A 1 XXXXXXXXXX NY 3 13 C   A   C   A   N/A N/A C   A     Exempt 1
1692285 XXXXXXX XXXXXXX 9661584 9 XXXXXXXXXX Credit Application   Application - is missing   Initial and final application are missing from file.
XXXXXXX provide initial application, signed and dated
by XXXXXXXXX and XXX and please provide final
application.		 Information provided     04/27/2026     A 1 XXXXXXXXXX NC 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1692285 XXXXXXX XXXXXXX 9679811 346 XXXXXXXXXX Credit UW Other   UW Other - UW - Complete Purchase Agreement   The XXXXXXXXX XXXXXXXXXX shows the sales XXXXX as
XXXXXXXXXXXX XXXX XXXXXX XXXXXXXXXXX shows the
purchase XXXXX as XXXXXXXXXXXX XXXX XXXXXX
XXXXXXXXXXX XXXXXXXXXX shows an assignment fee of
XXXXXXXXX and sales XXXXX of XXXXXXXXXXXX
XXXXXXXX a purchase addendum for the sales
XXXXX of XXXXXXXXXX with the assignment fee and/or the
assignment agreement for XXXXXXXXX assignment fee.		       04/26/2026     A 1 XXXXXXXXXX NC 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1692285 XXXXXXX XXXXXXX 9679986 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   The XXXXXX XXXXXXXXXXX XXXXXXXXXX shows no
reserves deposited with the lender and a signed
XXXXXXX XXXXXXX was not provided.		 Non XXXXX loan    Reviewer 04/26/2026 10:15 PM; Provide the signed and dated escrow waiver.

 Reviewer 04/27/2026 01:15 PM; Received XXXX and the escrow waiver was not received. XXXXXXXX an exception approval for lack of approved escrow waiver.

 Client 04/29/2026 02:37 PM; Please review XXXX uploaded XXXXXXX XXX escrow waiver needed on a non trid loan?

 Reviewer 04/29/2026 03:15 PM;

04/29/2026     A 1 XXXXXXXXXX NC 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1692285 XXXXXXX XXXXXXX 9679988 376 XXXXXXXXXX Credit UW Other   UW Other - UW - SS verification   Provide documentation validating the
borrower''''s/guarantor''''s tax payer XXXXXXXXXX
security number.		 EIN # is provided in the file.     04/26/2026     A 1 XXXXXXXXXX NC 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1692302 XXXXXXXXX XXXXXXXXX 9708894 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Guidelines require all borrowers XXXX to be verified.
XXX evidence the XXXXXXXXXXXXXX XXXX was verified
was provided.		 DataVerify results XXXXX XXXXXX      04/27/2026     A 1 XXXXXXXXXX CA 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1692344 XXXXXXXXX XXXXXXXXX 9829844 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Third party validation for XXXX is missing from the file. SSN XXXXXXXXXXXXX results states XXXXX XXXXX     04/30/2026     A 1 XXXXXXXXXX OH 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1692344 XXXXXXXXX XXXXXXXXX 9829846 320 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   Asset verification (minimum XXX days) for XXX XXXXXXX
XXXXXXXXXXXX is missing from the file.		 AMEX statement dated XXXXXXXXXX provided      04/29/2026     A 1 XXXXXXXXXX OH 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1692344 XXXXXXXXX XXXXXXXXX 9829847 320 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   Verification XXX XXXXXXX clearing borrowers account
missing from the file.		 AMEX XXXX statement provided      04/30/2026     A 1 XXXXXXXXXX OH 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1692453 XXXXXXXXXX XXXXXXXXXX 9726338 348 XXXXXXXXXX Credit UW Other   UW Other - UW - SSN Discrepancy/Misrep   Guidelines for the XXXX XXXX loan program require
verification of the XXXXXXXXXXXXXX XXXXXX XXXX XXXX
XXXXXXXXXXXXX results provided does not match the
borrower''''s social security number.		 Borrower is a XXXXXXX XXXXXX this is an XXXXX (provided), XXXX verification is not required.     04/29/2026     A 1 XXXXXXXXXX TX 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1692453 XXXXXXXXXX XXXXXXXXXX 9726339 389 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Fraud Alert documentation   Guidelines for the XXXX XXXX loan program require a
fraud report with all high and medium alerts cleared be
provide. XXXX fraud report provided does not indicate
the high and medium alerts were cleared.		 CoreLogic report provided      04/27/2026     A 1 XXXXXXXXXX TX 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1692565 XXXXXX XXXXXX 9811391 875 XXXXXXXXXX Credit Disclosure   Disclosure - Other:   Acra XXXXX XXXXXXXXXXXXX is missing from file.
XXXXXXX provide XXXXX XXXXX XXXXXXXXXXXXXXX		 Information provided     04/29/2026     A 1 XXXXXXXXXX CA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1692565 XXXXXX XXXXXX 9826033 376 XXXXXXXXXX Credit UW Other   UW Other - UW - SS verification   Guidelines require all borrowers XXXX to be verified.
XXXX XXXXXXXXXXXXXXXXX XXXX verification was not
provided in the file.		 Received XXXXXXXX XXXXX verified     04/28/2026     A 1 XXXXXXXXXX CA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1692568 XXXXXXXXXXXX XXXXXXXXXXXX 9801606 875 XXXXXXXXXX Credit Disclosure   Disclosure - Other:   Loan is XXXXXXXXXXX and cash-out - file must contain
attestation reflecting what the cash is used for.
XXXXXXX provide XXX XXXXXXXXXXXXXX		       04/28/2026     A 1 XXXXXXXXXX PA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1692568 XXXXXXXXXXXX XXXXXXXXXXXX 9811945 328 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Mortgage   Missing payment history on a private mortgage from
XXXXXX XXX XXXX secured by XXXXX XXXXXXX XXX that
was paid off on XXXXXXXXXX by a XXXXXXXXXX
mortgage from XXXXXX XXXXXXXXX XXXXXXXXX XXXXX		 Note and canceled checks provided    Reviewer 04/28/2026 12:43 PM; Received XXXXXX XXXX not locate the payment history for this loan. XXXX date of note is XXXXXXXXX XXXXXXXX payment history of XXXXXXXX per month.

 04/29/2026     A 1 XXXXXXXXXX PA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1692625 XXXXXXXXXX XXXXXXXXXX 9830394 376 XXXXXXXXXX Credit UW Other   UW Other - UW - SS verification   Guidelines require all borrowers XXXX to be verified.
XXX evidence the borrower''''s XXXX was verified was
provided.		 SSA XXXXXXX results show XXXXXX      04/29/2026     A 1 XXXXXXXXXX FL 1 3 C   A   C   A   C   A   A   A     Non-QM 1
1692625 XXXXXXXXXX XXXXXXXXXX 9827657 875 XXXXXXXXXX Compliance Disclosure   Disclosure - Other:   Acra XXXXX XXXXXXXXXXXXX is missing from file.
XXXXXXX provide XXXXX XXXXX XXXXXXXXXXXXXXX		 Information provided     04/29/2026     A 1 XXXXXXXXXX FL 1 3 C   A   C   A   C   A   A   A     Non-QM 1
1692727 XXXXXXX XXXXXXX 9854117 317 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Hud-1 from sale   Missing copy of the final XXX signed by the borrower. Signed XXXX provided      04/29/2026     A 1 XXXXXXXXXX CT 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1692727 XXXXXXX XXXXXXX 9854118 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   Missing copy of the existing lease for the second-floor
apartment.		 Unit is vacant       05/01/2026     A 1 XXXXXXXXXX CT 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1692737 XXXXXXXXXXXX XXXXXXXXXXXX 9831124 389 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Fraud Alert documentation   A XXXXXX report with all high and medium alerts
cleared was not provide. XX report was included in the
file but no high or medium alerts were cleared.		 Xactus XXXXXX XXXXXXX provided      04/29/2026     A 1 XXXXXXXXXX NJ 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1692744 XXXXXXX XXXXXXX 9881201 433 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Short funds to close   Missing assets of at least XXXXXXXXXXXXX as required
by the final XXXX		 HUD for property XXXXX XXX XXXX XXX provided shows proceeds of XXXXXXXXXXXXXX to borrower      05/01/2026     A 1 XXXXXXXXXX FL 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1692886 XXXXXXXXXXX XXXXXXXXXXX 9863530 875 XXXXXXXXXX Credit Disclosure   Disclosure - Other:   Acra XXXXX missing from file. XXXXXXX provide XXXXX
XXXXX XXXXXXXXXXXXXXX		 Information provided     05/14/2026     A 1 XXXXXXXXXX GA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1692901 XXXXXXXXX XXXXXXXXX 9883736 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Third party validation of social security number missing
from the file.		 Received XXXX match     05/05/2026     A 1 XXXXXXXXXX TN 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1692901 XXXXXXXXX XXXXXXXXX 9883921 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Verification of minimum payment with XXXXXXXXXXXX
XXXXXXX XXXXXXXXXXXXXX - the credit report does not
reflect a payment. XXXXXXX to verify payment in the file.		 Soft pull showing this account uploaded   Client 05/05/2026 08:11 AM; Hi team - soft pull showing this account uploaded.

 Reviewer 05/05/2026 08:27 AM;

05/05/2026     A 1 XXXXXXXXXX TN 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1692907 XXXXXXXXX XXXXXXXXX 9885018 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   File was submitted as a XXX month XXXX statement
income type and only XX month of business XXXX
statements were provided for the business account
ending in XXXXXXXXX XXXXXXXX all XXX months of
business XXXX statements used to determine the
month income of XXXXXXXXXXXXXX		       05/06/2026     A 1 XXXXXXXXXX IN 1 13 A   A   A   A   A   A   A   A     Non-QM 1
1692987 XXXXXXXXXX XXXXXXXXXX 9890092 7 XXXXXXXXXX Credit Application   Application - Completed, signed, initial application for all applicant not in file   Please provide initial application, signed and dated by
XXXXXXXXX and XXXX		 Information provided     05/05/2026     A 1 XXXXXXXXXX SC 1 3 C   A   C   A   A   A   A   A     Non-QM 1
1693037 XXXXXXXXXXXXX XXXXXXXXXXXXX 9985208 884 XXXXXXXXXX Compliance Compliance   Compliance - Pending Internal completion of compliance fee tests.  Additional conditions may apply.     Information provided     05/07/2026     A 1 XXXXXXXXXX GA 1 1 C   A   A   A   C   A   A   A     Non-QM 1
1693037 XXXXXXXXXXXXX XXXXXXXXXXXXX 9985209 901 XXXXXXXXXX Compliance Compliance   Compliance - TRID Other   Settlement XXXXXXXXX XXXXX is missing. Information provided     05/07/2026     A 1 XXXXXXXXXX GA 1 1 C   A   A   A   C   A   A   A     Non-QM 1
1693409 XXXXXXXXX XXXXXXXXX 10088117 374 XXXXXXXXXX Credit UW Other   UW Other - UW - Evidence of legal residency   Guidelines for the XXXXX loan program require the
borrower to provide a copy of a current passport,
XXXXXX or XXXXXXX XXXX borrower did not provide a
copy of any of the required documents.		 Received XXXXXX     05/12/2026     A 1 XXXXXXXXXX MD 1 13 C   A   C   A   A   A   A   A     Non-QM 1
1693832 XXXXXXXXXX XXXXXXXXXX 10235219 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Missing final form XXXXXXXXXXXXXXXXX summary XXXX provided      05/14/2026     A 1 XXXXXXXXXX AZ 1 1 C   A   C   A   C   A   A   A     Non-QM 1
1693832 XXXXXXXXXX XXXXXXXXXX 10199846 884 XXXXXXXXXX Compliance Compliance   Compliance - Pending Internal completion of compliance fee tests.  Additional conditions may apply.           05/15/2026     A 1 XXXXXXXXXX AZ 1 1 C   A   C   A   C   A   A   A     Non-QM 1
1693832 XXXXXXXXXX XXXXXXXXXX 10199847 894 XXXXXXXXXX Compliance Compliance   Compliance - TRID LE- Other   Missing XXX only XXXX are provided.       05/15/2026     A 1 XXXXXXXXXX AZ 1 1 C   A   C   A   C   A   A   A     Non-QM 1
1690194 XXXXXXXXXX XXXXXXXXXX 9050785 894 XXXXXXXXXX Compliance Compliance   Compliance - TRID LE- Other   Initial XXXXX XXXXXXXXX on XXXXXXXX wasn''''t issued at
least XX days prior to consummation.		 Information provided   Reviewer 04/16/2026 08:42 AM; Documents uploaded have a loan # of XXXXXXXXXXXX however the docs in the initial docs submitted loan # XXXXXXXXXXX

04/23/2026     A 1 XXXXXXXXXX AZ 1 1 C   A   C   A   C   A   A   A     Non-QM 1
1690284 XXXXXXXXX XXXXXXXXX 9309600 9 XXXXXXXXXX Credit Application   Application - is missing   Provide XXXXXXXX XXXXX XXXXXXXXXXXX in order to
determine the application date.		 Information provided   Reviewer 04/09/2026 09:23 AM; Initial XXXXX signed at application by borrower and XXX has not been provided.  XXXXXXXX application provided

 04/20/2026     A 1 XXXXXXXXXX FL 1 1 C   A   C   A   C   A   A   A     Non-QM 1
1690760 XXXXXXXXXXXXX XXXXXXXXXXXXX 9809215 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   Short term rental ledger in file is not identified as being
provided by a rental management company, XXXXXXX
or other permitted sources. XXXXXXXXXXXXX the ledger
was provided by a management company is required.		     Reviewer 04/27/2026 02:19 PM; Received rental ledger from XXXXXXXXXX reflected address of XXXXXXX XXXXX XXXXXXXXXX XXXXXXXXXXXXX XXXXXXXXXX w XXXXX and not the subject property XXX XXXXXX XXXX XXXXXX XXXXXXXX XXXXXX XXXXXXXX

 05/03/2026     A 1 XXXXXXXXXX NC 3 13 C   A   C   A   N/A N/A C   A     Exempt 1
1692168 XXXXXXXXXX XXXXXXXXXX 9656154 1108 XXXXXXXXXX Valuation UW Collateral TPR   UW Collateral TPR - UW - Second collateral evaluation is required.   Missing copy of the XXXXXX XXXXXXXX XXXXX XXXXXXX
which was invoiced on XXXXXXXXX for XXXXXXXXXX and
appearing on the final XXXX		 CDA provided    Client 04/24/2026 03:44 PM; if seller never received desk review and review is not needed to do XXXX XXX score of XXXX XXXX seller refund the borrower XXXXXX through XXXXX XXXX and copy of check/tracking

 Reviewer 04/24/2026 04:54 PM;

04/29/2026     A 1 XXXXXXXXXX NV 3 1 C   A   A   A   N/A N/A C   A     Exempt 1
1692344 XXXXXXXXX XXXXXXXXX 9829845 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Loan approval is missing from the file. XXXX XXXXX in
file reflects rate of XXXXXXXX the loan closed at
XXXXXXXXXX		 Received revised XXXXX    Reviewer 05/03/2026 11:07 AM; Documents received did not include a revised XXXXX with correct interest rate of XXXXXXX

 05/13/2026     A 1 XXXXXXXXXX OH 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1688035 XXXXXXXXX XXXXXXXXX 8550653 270 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Satisfactory 2nd Appraisal Report   Missing a XXXX XXXXX appraisal with original photos.
XXXXXXXX a XXX score and desk review has no value.
XXXXXX was listed as   indeterminate. XXXXXXX provide
a full XXXX appraisal.		 Received XXXX XXXX report that supports value.   Client 03/10/2026 01:14 PM; Hi team, will a field review be acceptable or does it need to be an internal/external inspection? thanks!

 Reviewer 03/10/2026 01:15 PM;

 Client 03/11/2026 10:33 AM; Hi again, sorry for extra questions. XXXXXX a XXXX be accepted since there were revisions done to the appraisal? XXXXXX you!

 Reviewer 03/11/2026 11:01 AM;

03/22/2026     A 1 XXXXXXXXXX CA 3 13 C   A   C   A   N/A N/A C   A     Exempt 1
1690000 XXXXXXXXX XXXXXXXXX 9144251 431 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Verification of assets (statements/VOD) incomplete/missing   The loan application reflected assets for a bitcoin
account were utilized.  XXXX documentation was not
provided.		 Received revised XXXX   Client 03/31/2026 03:35 PM;

 Client 03/31/2026 03:35 PM; we were not using a bitcoin as funds to close. XXXX sure if this is the account that was listed as cold wallet on the XXXXXX but if so, we can remove it since it wasn’t used to calculate the income and reserves are not needed. 
XXXXXXX let me know if this isn’t sufficient to clear the open conditions. XXXXXXXX

 Reviewer 03/31/2026 04:10 PM;

 Reviewer 03/31/2026 04:12 PM;

 Reviewer 03/31/2026 04:15 PM; If not using a bitcoin as funds to close, please remove it since it wasn’t used to calculate the income and reserves are not needed.

 Reviewer 04/01/2026 11:21 AM;

04/01/2026     A 1 XXXXXXXXXX SC 1 1 D   A   D   A   A   A   A   A     Non-QM 1
1690284 XXXXXXXXX XXXXXXXXX 9308936 7 XXXXXXXXXX Credit Application   Application - Completed, signed, initial application for all applicant not in file   Please provide initial application, signed by both
XXXXXXXXX and XXXXX		 Information provided   Reviewer 04/09/2026 09:23 AM; Initial XXXXX signed at application by borrower and XXX has not been provided.  XXXXXXXX application provided

 Client 04/18/2026 09:42 AM; Hi team, this was uploaded on XXXX and again this morning. thanks!

 Reviewer 04/20/2026 04:34 AM;

 Reviewer 04/20/2026 12:58 PM; Hello
XXXXX has been cleared.

XXXXXX

 04/20/2026     A 1 XXXXXXXXXX FL 1 1 C   A   C   A   C   A   A   A     Non-QM 1
1690948 XXXXXXXXXX XXXXXXXXXX 9348816 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Guidelines require evidence of a XXXX be provided with
either a XXXX card or results of processed XXXXXXXXX
XXX evidence of either was provided.		 CoreLogic search provided XXXXX XXXXX   Reviewer 04/10/2026 09:23 AM; Document provided was the XXXXXXXXXXXXXX for the XXXXXXX XXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXX XXX XXXXXXXX XXXXXXX XXXXXXXXX XXXXXXX XXXXXXXX XXXXXXXXXXXXXXX XXXXXXXX the verification results of XXXXX from the XXXX or copy of the XXX card.

 Reviewer 04/13/2026 08:55 PM; Documents provided did not include verification of the XXXXX from XXX

 04/14/2026     A 1 XXXXXXXXXX NV 1 3 C   A   C   A   A   A   A   A     Non-QM 1