Exception Grades
Run Date - 6/11/2026 1:56:28 PM
| SitusAMC Loan ID | Customer Loan ID | Seller Loan ID | Investor Loan Number | Loan Exception ID | Exception ID | Exception Date | Exception Type | Exception Category | Exception Subcategory | 15E Category | Exception | Exception Detail | Exception Information | Compensating Factors | Compensating Factor Information | Applying Party | Follow-up Comments | Cleared Date | Cured Date | Waived Date | Exception Level Grade | DBRS Initial Exception Rating | DBRS Final Exception Rating | Fitch Initial Exception Rating | Fitch Final Exception Rating | Kroll Initial Exception Rating | Kroll Final Exception Rating | Moody's Initial Exception Rating | Moody's Final Exception Rating | S&P Initial Exception Rating | S&P Final Exception Rating | Note Date | Property State | Occupancy | Purpose | Exception Remediation | Overall Initial Loan Grade |
Overall Final Loan Grade |
Credit Initial Loan Grade |
Credit Final Loan Grade |
Compliance Initial Loan Grade |
Compliance Final Loan Grade |
Property Initial Loan Grade |
Property Final Loan Grade |
Originator QM ATR Status | TPR QM ATR Status | Is Curable |
| 225630089 | 900000388 | 900000388 | 36504719 | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | The file is missing a copy of the E-Sign Consent Agreement. |
Reviewer Comment (2026-03-20): Compliance Summary received, exception cleared Buyer Comment (2026-03-19): Please review the compliance summary in the file. |
03/20/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| 225630089 | 900000388 | 900000388 | 36504721 | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. |
Buyer Comment (2026-03-23): Please waive as EV2 that will not affect overall grade. Reviewer Comment (2026-03-20): This is for informational purpose and it does not affect the overall grade. If we can waive just let us know and we will waive on this loan and any other that have this exception. Buyer Comment (2026-03-19): What do you need on this? |
03/23/2026 | 2 | A | A | A | A | A | A | A | A | A | A | CT | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| 225630089 | 900000388 | 900000388 | 36504724 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | HOI is missing from the file | Reviewer Comment (2026-03-20): Mortgage statement provided Buyer Comment (2026-03-19): This was in the file. Please clarify what you need. |
03/20/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| 225630090 | 900000401 | 900000401 | 36504726 | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Fully executed Security Instrument is incomplete. Page 2 of 13 is missing. Please provide the complete, fully executed copy. | Reviewer Comment (2026-03-24): All pages provided Buyer Comment (2026-03-20): MTG attached - thank you! |
03/24/2026 | 1 | D | A | D | A | D | A | D | A | D | A | CT | Primary | Purchase | D | A | D | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| 225630090 | 900000401 | 900000401 | 36504727 | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-03-23): Client elects to waive. Reviewer Comment (2026-03-20): This is for informational purpose and it does not affect the overall grade. If we can waive just let us know and we will waive on this loan and any other that have this exception. Buyer Comment (2026-03-20): We are a CDFI lender - what is this condition for? What are you even asking for? Please clear. Thank you. |
03/23/2026 | 1 | A | A | A | A | A | A | A | A | A | A | CT | Primary | Purchase | D | A | D | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| 225630091 | 900000387 | 900000387 | 36504732 | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-03-26): Client elects to waive Buyer Comment (2026-03-24): We are a CDFI lender - what is this condition for? What are you even asking for? Please clear. Thank you. |
03/26/2026 | 2 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| 225630091 | 900000387 | 900000387 | 36504734 | Compliance | Compliance | State Compliance | State Defect | Illinois SB 1894 | IL Predatory Lending Database Program (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording. | Certificate of Compliance or Exemption not attached to mortgage for recording. | Reviewer Comment (2026-03-26): Provided Buyer Comment (2026-03-25): RDOT attached - MTG recorded with [redacted] . Please clear. Thank you. |
03/26/2026 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| 225630091 | 900000387 | 900000387 | 36504735 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Evidence of earlier borrower receipt was not found in file. Closing date 03/13/2026, initial Closing Disclosure receipt on 03/13/2026. | Reviewer Comment (2026-03-25): SitusAMC received disclosure summary for initial CD. Buyer Comment (2026-03-24): ICD and Disclosure Tracking attached. Thank you. |
03/25/2026 | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Purchase | No Defined Cure | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||
| 225739457 | 900000435 | 900000435 | 36713659 | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-05-04): EV2 client elected to wave. |
05/04/2026 | 2 | A | A | A | A | A | A | A | A | A | A | ID | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | No |